; and (B) an individual is designated, by not later than 20 days after receipt of such notice, to coordinate rapid response activities described in section 134(a)(2)(A)(i) of such Act, in consultation with the labor-management committee. (c) Reduction of notification period (1) Potential new business or financing An employer may order the site closing of a single site of employment before the conclusion of the 90-day period described in subsection (a) if the employer can demonstrate that— (A) as of the date that notice would have been required, and continuing until it was provided, the employer was being offered, on acceptable terms, new business or financing in an amount which, if obtained, would have enabled the employer to avoid the site closing