Viable Financing

Viable Financing. Means (i) the closing during the Term of an equity or debt investment in the Company of at least $10 million, or (ii) such other financing or other arrangement(s) as the Board may determine in the good faith exercise of its business judgment (x) to be appropriate to the Company's needs and (y) constitutes a Viable Financing, excluding any equity or debt investment in the Company (A) secured by the Company as a result of the efforts of Jean Pierre Collardeau or (B) made by any of the Persons... with which the Company currently is negotiating potential investments of cash or equity in the Company, as are listed in the side letter agreement between the Parties, dated as of even date herewith. 19 20 View More