Harris Texas Revolving Credit Agreement between PCSupport.com, Inc. and ICE Holdings North America, LLC

• Category: Corporations - Public - Credit
• State: Multi-State
• County: Harris
• 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. The Harris Texas Revolving Credit Agreement is a contractual agreement between PCSupport.com, Inc. and ICE Holdings North America, LLC, aimed at establishing the terms and conditions for a revolving credit facility. This facility allows PCSupport.com, Inc. to access a line of credit from ICE Holdings North America, LLC, on an as-needed basis, for the purpose of financing various business operations, investments, inventory management, and working capital requirements. Under this agreement, PCSupport.com, Inc. is granted the flexibility to borrow funds up to a predetermined credit limit, repay the borrowed amount, and borrow again within the credit limit, thus "revolving" the credit facility. The credit limit and other key terms are mutually agreed upon by both parties, taking into account the financial standing, creditworthiness, and risk assessment of PCSupport.com, Inc. The Harris Texas Revolving Credit Agreement ensures that PCSupport.com, Inc. has readily available funds to meet their operational and financial needs, providing them with the necessary liquidity to navigate through any potential cash flow gaps or unforeseen expenses. By securing this revolving credit facility, PCSupport.com, Inc. can effectively manage their short-term and immediate financial requirements, maintaining financial stability and enabling business growth. It is important to note that there may be different types or variations of the Harris Texas Revolving Credit Agreement between PCSupport.com, Inc. and ICE Holdings North America, LLC, depending on the specific circumstances and requirements of both parties. These variations may include distinctions in credit limits, interest rates, repayment terms, collateral assets, and any additional provisions that the parties may negotiate and agree upon. Overall, the Harris Texas Revolving Credit Agreement serves as a powerful financial tool for PCSupport.com, Inc., empowering them with a flexible credit facility to support their business operations and achieve their strategic goals.

The Harris Texas Revolving Credit Agreement is a contractual agreement between PCSupport.com, Inc. and ICE Holdings North America, LLC, aimed at establishing the terms and conditions for a revolving credit facility. This facility allows PCSupport.com, Inc. to access a line of credit from ICE Holdings North America, LLC, on an as-needed basis, for the purpose of financing various business operations, investments, inventory management, and working capital requirements. Under this agreement, PCSupport.com, Inc. is granted the flexibility to borrow funds up to a predetermined credit limit, repay the borrowed amount, and borrow again within the credit limit, thus "revolving" the credit facility. The credit limit and other key terms are mutually agreed upon by both parties, taking into account the financial standing, creditworthiness, and risk assessment of PCSupport.com, Inc. The Harris Texas Revolving Credit Agreement ensures that PCSupport.com, Inc. has readily available funds to meet their operational and financial needs, providing them with the necessary liquidity to navigate through any potential cash flow gaps or unforeseen expenses. By securing this revolving credit facility, PCSupport.com, Inc. can effectively manage their short-term and immediate financial requirements, maintaining financial stability and enabling business growth. It is important to note that there may be different types or variations of the Harris Texas Revolving Credit Agreement between PCSupport.com, Inc. and ICE Holdings North America, LLC, depending on the specific circumstances and requirements of both parties. These variations may include distinctions in credit limits, interest rates, repayment terms, collateral assets, and any additional provisions that the parties may negotiate and agree upon. Overall, the Harris Texas Revolving Credit Agreement serves as a powerful financial tool for PCSupport.com, Inc., empowering them with a flexible credit facility to support their business operations and achieve their strategic goals.