Common use of Assignment and Pledge Clause in Contracts

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 Unilink 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 Unlink to the Pledgee as guarantee for the technical consulting service fee payable to the Pledgee under the Service AgreementPledgee. 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 Unilink 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.