Working Capital Advances. From and after the execution of this Agreement until the earlier of: (i) the Effective Time, or (ii) the termination of this Agreement, Acquiror shall provide Target with working capital as may be reasonably required by Target in the ordinary course of its business in exchange for notes payable by Target, together with interest at an annual rate of 8% and with a maturity date of June 30, 1999; provided that, any such notes shall become immediately due and payable to Acquiror in the event of a termination of this Agreement.
Appears in 3 contracts
Samples: Merger Agreement (Geoscience Corp), Merger Agreement (Tech Sym Corp), Merger Agreement (Core Laboratories N V)
