Hillsborough Florida Revolving Credit Agreement between PCSupport.com, Inc. and ICE Holdings North America, LLC

• Category: Corporations - Public - Credit
• State: Multi-State
• County: Hillsborough
• 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. Hillsborough Florida Revolving Credit Agreement between PCSupport.com, Inc. and ICE Holdings North America, LLC The Hillsborough Florida Revolving Credit Agreement is a legally binding contract entered into by PCSupport.com, Inc. and ICE Holdings North America, LLC. This agreement establishes the terms and conditions under which ICE Holdings North America, LLC provides revolving credit facilities to PCSupport.com, Inc., a reputable technology solutions provider. Revolving credit is a flexible financing option that allows PCSupport.com, Inc. to borrow funds up to a predetermined credit limit, typically based on their financial standing and creditworthiness. This credit agreement provides PCSupport.com, Inc. with the ability to withdraw, repay, and redraw funds as needed within the predetermined limit during the agreed-upon term. This credit facility is of immense value to PCSupport.com, Inc. as it ensures continuous access to working capital, allowing the company to manage its day-to-day operations, seize business opportunities, and sustain growth. Furthermore, revolving credit agreements are versatile and can be tailored to meet specific financial needs, making it an attractive financing tool for companies operating in dynamic industries such as technology. The Hillsborough Florida Revolving Credit Agreement outlines various crucial aspects, including the credit limit, interest rate, repayment terms, collateral requirements, and any applicable fees. Additionally, it may include provisions related to default, remedies, events of termination, and other clauses essential to protect the interests of both parties involved. It is worth noting that there can be different types of Hillsborough Florida Revolving Credit Agreements between PCSupport.com, Inc. and ICE Holdings North America, LLC, categorized based on specific terms or conditions. Some potential variations include: 1. Secured revolving credit agreement: This type of agreement may require PCSupport.com, Inc. to provide collateral, such as assets or accounts receivable. The collateral serves as security for the funds borrowed, providing additional protection for ICE Holdings North America, LLC. 2. Unsecured revolving credit agreement: This agreement, on the other hand, does not require PCSupport.com, Inc. to provide collateral. Instead, the creditworthiness and financial stability of the company serve as the basis for extending the credit facility. 3. Variable interest rate revolving credit agreement: In this kind of agreement, the interest rate charged on the borrowed funds may fluctuate over time. The interest rate is often tied to a benchmark, such as the prime rate or LIBOR, allowing adjustments based on market conditions. By understanding the specifics of the Hillsborough Florida Revolving Credit Agreement, PCSupport.com, Inc. and ICE Holdings North America, LLC can effectively manage their financial relationship, ensuring smooth operations and fostering mutual growth and success.

Hillsborough Florida Revolving Credit Agreement between PCSupport.com, Inc. and ICE Holdings North America, LLC The Hillsborough Florida Revolving Credit Agreement is a legally binding contract entered into by PCSupport.com, Inc. and ICE Holdings North America, LLC. This agreement establishes the terms and conditions under which ICE Holdings North America, LLC provides revolving credit facilities to PCSupport.com, Inc., a reputable technology solutions provider. Revolving credit is a flexible financing option that allows PCSupport.com, Inc. to borrow funds up to a predetermined credit limit, typically based on their financial standing and creditworthiness. This credit agreement provides PCSupport.com, Inc. with the ability to withdraw, repay, and redraw funds as needed within the predetermined limit during the agreed-upon term. This credit facility is of immense value to PCSupport.com, Inc. as it ensures continuous access to working capital, allowing the company to manage its day-to-day operations, seize business opportunities, and sustain growth. Furthermore, revolving credit agreements are versatile and can be tailored to meet specific financial needs, making it an attractive financing tool for companies operating in dynamic industries such as technology. The Hillsborough Florida Revolving Credit Agreement outlines various crucial aspects, including the credit limit, interest rate, repayment terms, collateral requirements, and any applicable fees. Additionally, it may include provisions related to default, remedies, events of termination, and other clauses essential to protect the interests of both parties involved. It is worth noting that there can be different types of Hillsborough Florida Revolving Credit Agreements between PCSupport.com, Inc. and ICE Holdings North America, LLC, categorized based on specific terms or conditions. Some potential variations include: 1. Secured revolving credit agreement: This type of agreement may require PCSupport.com, Inc. to provide collateral, such as assets or accounts receivable. The collateral serves as security for the funds borrowed, providing additional protection for ICE Holdings North America, LLC. 2. Unsecured revolving credit agreement: This agreement, on the other hand, does not require PCSupport.com, Inc. to provide collateral. Instead, the creditworthiness and financial stability of the company serve as the basis for extending the credit facility. 3. Variable interest rate revolving credit agreement: In this kind of agreement, the interest rate charged on the borrowed funds may fluctuate over time. The interest rate is often tied to a benchmark, such as the prime rate or LIBOR, allowing adjustments based on market conditions. By understanding the specifics of the Hillsborough Florida Revolving Credit Agreement, PCSupport.com, Inc. and ICE Holdings North America, LLC can effectively manage their financial relationship, ensuring smooth operations and fostering mutual growth and success.