Working Capital Facility. Section 4.17 of the Reorganization Agreement is hereby amended to read as follows: Newco Parent shall use its best efforts to have secured, no later than 90 days following the Closing, a firm irrevocable financing commitment and/or credit facilities on prevailing market terms and conditions under which, collectively, no less than $15 million of financing will be available to Newco to support and finance its operations for a period of at least 2 years subsequent to the Closing (the "Financing").
Appears in 2 contracts
Sources: Agreement and Plan of Reorganization (Tekinsight Com Inc), Agreement and Plan of Reorganization (Dyncorp)