The Mecklenburg North Carolina Revolving Credit Agreement is a legally binding agreement between PCSupport.com, Inc. and ICE Holdings North America, LLC, outlining the terms and conditions under which the parties agree to establish a revolving credit facility. Keywords: Mecklenburg North Carolina, Revolving Credit Agreement, PCSupport.com, Inc., ICE Holdings North America, LLC. This agreement serves as a financial arrangement allowing PCSupport.com, Inc. to access a predetermined line of credit provided by ICE Holdings North America, LLC. The agreement offers flexibility for PCSupport.com, Inc. to borrow funds as needed, up to a specified credit limit, and to repay the borrowed amounts during the revolving period. The agreement may be renewable upon request and subject to mutual consent. Different types of Mecklenburg North Carolina Revolving Credit Agreement between PCSupport.com, Inc. and ICE Holdings North America, LLC may include: 1. Line of Credit Agreement: This type of revolving credit agreement enables PCSupport.com, Inc. to access a certain amount of funds, typically available for an extended period. The credit limit and repayment terms are negotiated at the outset, and PCSupport.com, Inc. may withdraw and repay funds multiple times within the agreed-upon period. 2. Working Capital Facility: Under this subtype of the revolving credit agreement, PCSupport.com, Inc. can utilize the credit facility to meet ongoing operational expenses, manage cash flow, and potentially finance short-term projects or expansion plans. The borrowed amount can be repaid and re-borrowed as needed within the revolving period. 3. Trade Credit Facility: This type of revolving credit agreement primarily supports PCSupport.com, Inc.'s trade activities. It provides a flexible line of credit to finance purchases, orders, or inventory needs. PCSupport.com, Inc. can use the funds to procure goods and services, repay the debt, and repeat the process throughout the revolving period. 4. Growth Capital Agreement: This revolving credit agreement variant is specifically designed to fuel PCSupport.com, Inc.'s growth initiatives. It offers access to additional capital beyond their existing financial resources, enabling the company to invest in new ventures, expand operations, or pursue mergers and acquisitions. Funds can be borrowed and repaid based on PCSupport.com, Inc.'s growth strategies and financial performance. 5. Corporate Revolving Credit Facility: This comprehensive revolving credit agreement encompasses various credit types, catering to PCSupport.com, Inc.'s diverse financial needs. It may incorporate elements of working capital, growth capital, trade credit, and other customized credit facilities, providing a holistic financing solution for the company's operations, expansion, and strategic plans. In conclusion, the Mecklenburg North Carolina Revolving Credit Agreement between PCSupport.com, Inc. and ICE Holdings North America, LLC establishes a flexible and mutually beneficial credit arrangement, potentially offering different types of credit facilities tailored to PCSupport.com, Inc.'s specific financial requirements.
Mecklenburg North Carolina Revolving Credit Agreement between PCSupport.com, Inc. and ICE Holdings North America, LLC
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