Assignment and Pledge. 2.1 The Pledgor agrees to pledge all its equity interest in Shanghai Weilan to the Pledgee as guarantee for the technical consulting service fee payable to the Pledgee under the Service Agreement.
2.2 Pledge under this Agreement refers to the rights owned by the Pledgee who shall be entitled to have priority in receiving payment by the evaluation or proceeds from the auction or sale of the equity interests pledged by the Pledgor to the Pledgee.
Assignment and Pledge. 2.1 The Pledgor agrees to pledge all its equity interest in Shanghai Weilan to the Pledgee.
2.2 Pledge under this Agreement refers to the rights owned by the Pledgee who shall be entitled to have priority in receiving payment by the evaluation or proceeds from the auction or sale of the equity interests pledged by the Pledgor to the Pledgee.
Assignment and Pledge. Without the consent of the Bank, the Undersigned shall not assign or pledge any deposit account or investment account opened with the Bank or other claims against the Bank to or in favor of a third party other than the Bank.
Assignment and Pledge. 2.1 The Pledgor agrees to pledge all its equity interest in Hainan Xxxxx Xxxx to the Pledgee.
2.2 Pledge under this Agreement refers to the rights owned by the Pledgee who shall be entitled to have priority in receiving payment by the evaluation or proceeds from the auction or sale of the equity interests pledged by the Pledgor to the Pledgee.
Assignment and Pledge. The Employee is not entitled to assign, pledge or otherwise encumber any claims arising from this employment agreement without the prior consent of the Employer.
Assignment and Pledge. Bank shall have the unrestricted right at any time or from time to time, and without Borrower's or any guarantor's consent, to assign all or any portion of its right and obligations under this Agreement and the Loan Documents to one or more banks or other financial institutions (each, an "Assignee"), and Borrower and each guarantor agrees that it shall execute, or cause to be executed, such documents, including without limitation, amendments to this Agreement and to any Loan Documents as Bank shall deem necessary to effect the foregoing (provided that the substantive terms of this Agreement and Loan Documents are not changed). In addition, at the request of Bank and any such Assignee, Borrower shall issue one or more new promissory notes, as applicable, to any such Assignee and, if Bank has retained any of its rights and obligations hereunder following such assignment, to Bank, which new promissory notes shall be issued in replacement of, but not in discharge of, the liability evidenced by the promissory note held by Bank prior to such assignment and shall reflect the amount of the respective commitments and loans held by such Assignee and Bank after giving effect to such assignment. Upon the execution and delivery of appropriate assignment documentation, amendments and any other documentation required by Bank in connection with such assignment, and the payment by Assignee of the purchase price agreed to by Bank and such Assignee, such Assignee shall be a party to this Agreement and shall have all of the rights and obligations of Bank hereunder (and under any and all other guaranties, documents, instruments and agreements executed in connection herewith) to the extent that such rights and obligations have been assigned by Bank pursuant to the assignment documentation between Bank and such Assignee, and Bank shall be released (provided that the Assignee has capital of not less than that of the Bank) from its obligations hereunder and thereunder to a corresponding extent. This Agreement and the Loan Documents shall be binding upon and inure to the benefit of the Bank and the Borrower, their successors, assigns, heirs and personal representatives; provided, however, the rights and obligations of the Borrower are not assignable, delegable or transferable without the consent of the Bank. Bank may at any time pledge all or any portion of its rights under this Agreement and the Loan Documents, including, but not limited to, any portion of any Note to any of the t...
Assignment and Pledge. The Operator assigns and pledges the CDs, and any renewals thereof, to the Commonwealth as collateral, to guarantee the Operator’s legal obligations as provided in the Collateral Bond.
Assignment and Pledge. Pledgor hereby pledges and grants a security interest in, and assigns, delivers and grants to Lender all of Pledgor's right, title and interest in and to the collateral (collectively, the "COLLATERAL") described in EXHIBIT B, attached hereto. This assignment is made as collateral security for the full payment and performance by Pledgor of all of its obligations under all documents evidencing and securing the Loan (collectively, the "LOAN DOCUMENTS").
Assignment and Pledge. 2.1 Party C hereby agrees to assign all of its pledge over the 80% equity interest in Lei Ting Company under the Original Pledge Agreement to Party A and Party A hereby agrees to accept the pledge aforesaid. Party B also agrees to assign the pledge over the same which was originally pledged to Party C, to Party A (namely, Party B agrees to pledge all its equity interest in Lei Ting Company to Party A) as a security for Party A's collecting technical and consulting service fees under the Service Agreement.
2.2 Pledge under this Agreement refers to the rights owned by Party A who shall be entitled to have priority in receiving payment by the evaluation or proceeds from the auction or sale of the equity interests pledged by Party B to Party A.
Assignment and Pledge. 2.1 The Pledgor agrees to pledge all his equity interest in Lei Ting Company to the Pledgee. Pledge under this Agreement refers to the rights owned by the Pledgee who shall be entitled to have priority in receiving payment by the evaluation or proceeds from the auction or sale of the share pledged by the Pledgor to the Pledgee.
