Common use of GAP Clause in Contracts

GAP. The Guarantor agrees to: (i) take all such action required to ensure that the outstanding amount of the aggregate Borrowing or Unpaid Sum shall not exceed the available GAP, including without limitation (a) making capital contributions to the Borrower, and/or (b) ensuring that, subject to PRC regulations, the Borrower’s total investment and/or registered capital are promptly increased and such increased capital is promptly contributed to the Borrower in full. For the purpose of the above, “GAP” shall have the meaning given to the expression “Borrowing Gap” in Section 5.01(l) of the Credit Agreement

GAP. The Guarantor agrees to: (i) take all such action required to ensure that the outstanding amount of the aggregate Borrowing or Unpaid Sum shall not exceed the available GAP, including without limitation (a) making capital contributions to the Borrower, and/or (b) ensuring that, subject to PRC regulations, the Borrower’s total investment and/or registered capital are promptly increased and such increased capital is promptly contributed to the Borrower in full. For the purpose of the above, “GAP” shall have the meaning given to the expression “Borrowing Gap” in Section 5.01(l) of the Credit Agreement.