TNDK Approval. In addition to the conditions set forth in 2(a) above, the Escrow Agent shall not release any of the subscription funds held in escrow pursuant to the Escrow Agreement, including the TNDK Subscription Funds, until the Escrow Agent has received a written confirmation from TNDK that: (i) the terms, conditions and final execution versions of the Loan Restructuring documentation are acceptable to TNDK, (ii) the conditions set forth in Section 2(c) of this Letter Agreement have been satisfied, and (iii) NEDAK has delivered to TNDK the documents required to be delivered to TNDK pursuant to Section 2(d) of this Letter Agreement.
Appears in 2 contracts
Sources: Equity Investment Agreement (Nedak Ethanol, LLC), Equity Investment Agreement (Tndk, LLC)