Common use of Additional Working Capital Clause in Contracts

Additional Working Capital. EXTEL shall have obtained a minimum of $1.0 million of additional working capital financing for the Businesses upon such terms and conditions as shall be reasonably acceptable to EXTEL.

Appears in 3 contracts

Samples: Asset Purchase Agreement (American United Global Inc), Asset Purchase Agreement (Eglobe Inc), Asset Purchase Agreement (American United Global Inc)

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Additional Working Capital. EXTEL shall have obtained a minimum of $1.0 million of additional working capital financing for the Businesses upon such terms and conditions as shall be reasonably acceptable to EXTEL.. (l)

Appears in 1 contract

Samples: , 1998 Asset Purchase Agreement (Executive Telecard LTD)

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