Transaction Financing. As soon as practicable after the signing of this Agreement, each of SPAC, the Company, and , Sponsor, shall jointly exercise their reasonable best efforts to obtain transaction financing (“Transaction Financing”), in the form of signed agreements for a private placement of equity, or other alternative financing, from Transaction Investors, to be agreed by SPAC and the Company, in an aggregate amount of not less than $20,000,000.
Appears in 2 contracts
Sources: Merger Agreement (RF Acquisition Corp.), Merger Agreement (RF Acquisition Corp.)