Funding Commitment Letter(s). In order to demonstrate its ability to meet its obligations under this IRU Agreement, Rainier shall have delivered funding commitment letter(s), in a form reasonably acceptable to Tacoma Power, in the amount of four million five hundred thousand Dollars ($4,500,000) covering the first three (3) years of the Initial Term (“Funding Commitment Letter(s)”).
Appears in 2 contracts
Sources: Business Transaction Agreement, Business Transaction Agreement