Bridge Facility. Subject to the consent of Eltrax's bank lender, PNC Bank, National Association ("PNC"), which Eltrax shall use its reasonable best efforts to obtain, Cereus hereby commits to loan to Eltrax up to an aggregate of $5 million in accordance with the terms and conditions set forth in this Commitment Letter.
Appears in 2 contracts
Sources: Merger Agreement (Eltrax Systems Inc), Merger Agreement (Cereus Technology Partners Inc)