Common use of Certain China Matters Clause in Contracts

Certain China Matters. 9.23.1. An Affiliate of the China Sellers has established a letter of credit (the “China L/C”) in support of Saginaw Steering (Suzhou) Co., Ltd., a Sale Company (“Steering (Suzhou)”). Delphi will cause such Affiliate to keep the China L/C in place for no more than three hundred sixty (360) days following Closing (the “China L/C Period”). Parent will cause Steering (Suzhou) to establish, in no event later than three hundred sixty (360) days following Closing, a replacement for the China L/C. Within ten (10) days after receipt of an invoice for such costs, Parent will pay or will cause Steering (Suzhou) to pay to the relevant Seller Affiliate all costs incurred by such Seller Affiliate in connection with keeping the China L/C open during the China L/C Period.

Certain China Matters. 9.23.1. An Affiliate of the China Sellers has established a letter of credit (the “China L/C”) in support of Saginaw Steering (Suzhou) Co., Ltd., a Sale Company (“Steering (Suzhou)”). Delphi will cause such Affiliate to keep the China L/C in place for no more than three hundred sixty ninety (36090) days following Closing (the “China L/C Period”). Parent will cause Steering (Suzhou) to establish, in no event later than three hundred sixty (360) days following Closing, a replacement for the China L/C. Within ten (10) days after receipt of an invoice for such costs, Parent will pay or will cause Steering (Suzhou) to pay to the relevant Seller Affiliate all costs incurred by such Seller Affiliate in connection with keeping the China L/C open during the China L/C Period.

Certain China Matters. 9.23.1. An Affiliate of the China Sellers has established a letter of credit (the “China L/C”) in support of Saginaw Steering (Suzhou) Co., Ltd., a Sale Company (“Steering (Suzhou)”). 84 Delphi will cause such Affiliate to keep the China L/C in place for no more than three hundred sixty (360) days following Closing (the “China L/C Period”). Parent will cause Steering (Suzhou) to establish, in no event later than three hundred sixty (360) days following Closing, a replacement for the China L/C. Within ten (10) days after receipt of an invoice for such costs, Parent will pay or will cause Steering (Suzhou) to pay to the relevant Seller Affiliate all costs incurred by such Seller Affiliate in connection with keeping the China L/C open during the China L/C Period.