Agreement for Wholesale Financing (Security Agreement Sample Contracts

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AGREEMENT FOR WHOLESALE FINANCING (SECURITY AGREEMENT)
Agreement for Wholesale Financing (Security Agreement • August 13th, 2001 • Syscomm International Corp • Services-computer integrated systems design • New York

This Agreement for Wholesale Financing - Security Agreement (as amended, supplemented or otherwise modified from time to time, this “Agreement”) dated as of January 5, 2001(replacing the same agreement dated as of November 27, 2000) is by and between IBM Credit Corporation, a Delaware corporation, with a place of business at 1500 RiverEdge Parkway, Atlanta, GA 30358 (“IBM Credit”), and Information Technology Services, Inc., a New York corporation, (“Customer”). This Agreement replaces that Inventory and Working Capital Financing Agreement between the IBM Credit and Customer (as amended, modified or supplemented from time to time) dated September 24, 1996.

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