FUNDS PROVISION Clause Samples
FUNDS PROVISION. 2.1 If the capital of each of the Company and its subsidiaries, variable interest entities and the subsidiaries of such variable interest entities could not meet its sustainable operation, Maodong Xu willll provide the Company the funds necessary for its sustainable operation.
2.2 The funds shall be provided in cash by Maodong Xu and shall constitute the equity investment to the Company.
2.3 The term of Funds provision is from the date of this Agreement to December 31, 2015.
FUNDS PROVISION. 2.1 If the capital of each of the Company and its subsidiaries, variable interest entities and the subsidiaries of such variable interest entities is unable to maintain its ongoing operation with own funds, the Major Shareholders will provide to the Company the funds necessary for its sustainable operation.
2.2 The funds shall be provided in cash by the Major Shareholders as equity investment in the Company.
2.3 The term of Funds provision is from the date of this Agreement to May 31, 2018.