Cuyahoga Ohio Revolving Credit Agreement between PCSupport.com, Inc. and ICE Holdings North America, LLC

• Category: Corporations - Public - Credit
• State: Multi-State
• County: Cuyahoga
• Control #: US-EG-9422
• Format: Word; Rich Text

Description

Revolving Credit Agreement between PCSupport.com, Inc. and ICE Holdings North America, LLC dated January 11, 2000. 70 pages. A Cuyahoga Ohio Revolving Credit Agreement between PCSupport.com, Inc. and ICE Holdings North America, LLC is a legal contract that outlines the terms and conditions under which PCSupport.com, Inc. can borrow funds from ICE Holdings North America, LLC on a revolving credit basis. This agreement allows PCSupport.com, Inc. to access a predetermined credit limit, which can be utilized multiple times without the need for separate negotiations or contract amendments. The Cuyahoga Ohio Revolving Credit Agreement specifies various important aspects, which include repayment terms, interest rates, fees, and the duration of the agreement. It provides PCSupport.com, Inc. with financial flexibility by enabling them to withdraw and repay funds as needed. This agreement is often used by businesses to manage their working capital requirements, meet short-term financial needs, or finance various operational expenses. Within the context of Cuyahoga Ohio, there are typically two types of Revolving Credit Agreements that PCSupport.com, Inc. and ICE Holdings North America, LLC can enter into: 1. Secured Revolving Credit Agreement: In this type of agreement, PCSupport.com, Inc. pledges collateral, such as real estate, inventory, or accounts receivable, as security against the borrowed funds. If PCSupport.com, Inc. defaults on the loan, ICE Holdings North America, LLC has the right to seize the pledged assets to recover their investment. 2. Unsecured Revolving Credit Agreement: This type of agreement does not require collateral from PCSupport.com, Inc. Instead, the creditworthiness and financial strength of PCSupport.com, Inc. are assessed to determine the credit limit and terms. As there is no collateral involved, the interest rates and fees for an unsecured revolving credit agreement may be higher compared to a secured agreement. Overall, the Cuyahoga Ohio Revolving Credit Agreement between PCSupport.com, Inc. and ICE Holdings North America, LLC provides a flexible financing option that allows PCSupport.com, Inc. to access funds as needed, thereby supporting their business operations and growth in the dynamic market of Cuyahoga, Ohio.

A Cuyahoga Ohio Revolving Credit Agreement between PCSupport.com, Inc. and ICE Holdings North America, LLC is a legal contract that outlines the terms and conditions under which PCSupport.com, Inc. can borrow funds from ICE Holdings North America, LLC on a revolving credit basis. This agreement allows PCSupport.com, Inc. to access a predetermined credit limit, which can be utilized multiple times without the need for separate negotiations or contract amendments. The Cuyahoga Ohio Revolving Credit Agreement specifies various important aspects, which include repayment terms, interest rates, fees, and the duration of the agreement. It provides PCSupport.com, Inc. with financial flexibility by enabling them to withdraw and repay funds as needed. This agreement is often used by businesses to manage their working capital requirements, meet short-term financial needs, or finance various operational expenses. Within the context of Cuyahoga Ohio, there are typically two types of Revolving Credit Agreements that PCSupport.com, Inc. and ICE Holdings North America, LLC can enter into: 1. Secured Revolving Credit Agreement: In this type of agreement, PCSupport.com, Inc. pledges collateral, such as real estate, inventory, or accounts receivable, as security against the borrowed funds. If PCSupport.com, Inc. defaults on the loan, ICE Holdings North America, LLC has the right to seize the pledged assets to recover their investment. 2. Unsecured Revolving Credit Agreement: This type of agreement does not require collateral from PCSupport.com, Inc. Instead, the creditworthiness and financial strength of PCSupport.com, Inc. are assessed to determine the credit limit and terms. As there is no collateral involved, the interest rates and fees for an unsecured revolving credit agreement may be higher compared to a secured agreement. Overall, the Cuyahoga Ohio Revolving Credit Agreement between PCSupport.com, Inc. and ICE Holdings North America, LLC provides a flexible financing option that allows PCSupport.com, Inc. to access funds as needed, thereby supporting their business operations and growth in the dynamic market of Cuyahoga, Ohio.