Interim Financing. Purchaser shall provide the Company with a ----------------- $20,000,000 line of credit pursuant to which, beginning on February 1, 2001, whether or not the Offer has been commenced, the Company may borrow all or a portion of such amount for working capital purposes on the terms and conditions set forth in the interim financing term sheet attached hereto as Exhibit C. ---------
Appears in 3 contracts
Sources: Merger Agreement (Telocity Delaware Inc), Agreement and Plan of Merger (Telocity Delaware Inc), Merger Agreement (Hughes Electronics Corp)