Common use of Authorized Action by Secured Party Clause in Contracts

Authorized Action by Secured Party. The Pledgors hereby irrevocably appoint Pledgee as the attorney-in-fact of the Pledgors for the purpose of carrying out the security provisions of this Agreement and to take any action and execute any instrument that the Pledgee may deem necessary or advisable to accomplish the purpose of this Agreement. Such power of attorney shall be effective, automatically and without the necessity of any action (including any transfer of any Pledged Collateral) by any person, upon the occurrence an Event of Default. Pledgee shall not have any duty to exercise any such right or to preserve the same and shall not be liable for any failure to do so or for any delay in doing so. 被担保方的受权措施。出质人不可撤销地指定质权人为自己的事实代理人,以实现本协议担保条款之目的、并采取任何质权人认为对达到本协议目的必要的或有益的行动和签署此等文书。在违约事项发生时,该代理权将自动生效,无须任何人的任何行为(包括抵押物的转移)。质权人没有义务行使或保留上述权利,也不对未行使或延迟行使上述权利负责。 If an Event of Default occurs, or is already proceeding, Pledgee shall have the right to exercise the following rights: 如果一个违约事项发生,或者正在发展,质权人有权利行使如下权利: (a) Collect by legal proceedings or otherwise, and endorse and/or receive all payments, proceeds and other sums and property now or hereafter payable on or on account of the Pledged Collateral; 基于法定程序或其它方式收取、背书、接收所有付款、价款以及现今及今后所有应收的因质押权利或基于质押权利而产生的款项和财产; (b) Enter into any extension, reorganization, deposit, merger, consolidation or other agreement pertaining to, or deposit, surrender, accept, hold or apply other property in exchange for the Pledged Collateral; 参与关于处置、放弃、接受、或拥有其它财产交换质押权利的任何延期、重组、处置、兼并、合并等安排; (c) After the delivery of written notice to the Pledgor, the Pledgee shall be entitled to all the remedy rights and powers under PRC laws and basic provisions of this Agreement, which is including but not limited to: disposing the Pledged Collateral through auction or sale. The Pledgee shall not bear any loss raised from the performance of aforesaid remedy rights and powers; 质权人有权在给与出质人书面通知后,行使其根据中国法律、本协议基本协议条款而享有的全部违约救济权利和权力,包括(但不限于)拍卖或变卖质押权利以优先受偿。质权人对其合理行使该等权利和权力造成的任何损失不负责任; (d) Make any compromise or settlement, and take any action the Pledgee deems advisable, with respect to the Pledged Collateral; 就质押权利作出质权人认为有益的妥协或和解。 (e) Notify any obligor with respect to the Pledged Collateral to make payment directly to the Pledgee; 通知任何与质押权利有关的债务人直接付款给质权人; (f) All rights of the Pledgors that they would otherwise be entitled to enjoy or exercise with respect to the Pledged Collateral, including without limitations the rights to vote and to receive distributions, shall cease without any further action by or notice, and all such rights shall thereupon become vested in the Pledgee; and 无需任何其他措施或通知,出质人应丧失原先所有对质押权利享有或行使的其他权利,包括但不限于投票权及获得分配的权利。这些权利应归属于质权人;并且 (g) The Pledgors shall execute and deliver to the Pledgee such other instruments as the Pledgee may request in order to permit the Pledgee to exercise the rights set forth herein. 出质人应按质权人要求签署和交付其他文据,以允许质权人行使本协议项下的权利。

Appears in 1 contract

Samples: Equity Pledge Agreement (Xiaotai International Investment Inc.)

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Authorized Action by Secured Party. The Pledgors hereby irrevocably appoint Pledgee as the attorney-in-fact of the Pledgors for the purpose of carrying out the security provisions of this Agreement and to take any action and execute any instrument that the Pledgee may deem necessary or advisable to accomplish the purpose of this Agreement. Such power of attorney shall be effective, automatically and without the necessity of any action (including any transfer of any Pledged Collateral) by any person, upon the occurrence an Event of Default. Equity Pledge Agreement HENAN PROVINCE PENGDINGSHAN HONGLI COAL & COKE CO. , LTD. Pledgee shall not have any duty to exercise any such right or to preserve the same and shall not be liable for any failure to do so or for any delay in doing so. 被担保方的受权措施。出质人不可撤销地指定质权人为自己的事实代理人,以实现本协议担保条款之目的、并采取任何质权人认为对达到本协议目的必要的或有益的行动和签署此等文书。在违约事项发生时,该代理权将自动生效,无须任何人的任何行为(包括抵押物的转移)。质权人没有义务行使或保留上述权利,也不对未行使或延迟行使上述权利负责。 If an Event of Default occurs, or is already proceeding, Pledgee shall have the right to exercise the following rights: 如果一个违约事项发生,或者正在发展,质权人有权利行使如下权利被担保方的受权措施。出质人不可撤销地指定质权人为自己的事实代理人,以实现本协议担保条款之目的、并采取任何质权人认为对达到本协议目的必要的或有益的行动和签署此等文书。在违约事项发生时,该代理权将自动生效,无须任何人的任何行为(包括抵押物的转移)。质权人没有义务行使或保留上述权利,也不对未行使或延迟行使上述权利负责。 如果一个违约事件发生,或者正在发展,质权人有权利行使如下权利: (a) Collect by legal proceedings or otherwise, and endorse and/or receive all payments, proceeds and other sums and property now or hereafter payable on or on account of the Pledged Collateral; 基于法定程序或其它方式收取、背书、接收所有付款、价款以及现今及今后所有应收的因质押权利或基于质押权利而产生的款项和财产代表或为了质押物,以法定程序及其它方式收取、背书、接收所有付款、价款以及现今及今后所有应收的款项和财产; (b) Enter into any extension, reorganization, deposit, merger, consolidation or other agreement pertaining to, or deposit, surrender, accept, hold or apply other property in exchange for the Pledged Collateral; 参与关于处置、放弃、接受、或拥有其它财产交换质押权利的任何延期、重组、处置、兼并、合并等安排参与关于、处置、放弃、接受、或拥有其它财产交换质押物的任何延期、重组、处置、兼并、合并等安排; (c) After the delivery of written notice to the Pledgor, the Pledgee shall be entitled to all the remedy rights and powers under PRC laws and basic provisions of this Agreement, which is including but not limited to: disposing Transfer the Pledged Collateral through auction under the Pledgee’s name or sale. The Pledgee shall not bear any loss raised from the performance of aforesaid remedy rights and powersunder an appointed nominee; 质权人有权在给与出质人书面通知后,行使其根据中国法律、本协议基本协议条款而享有的全部违约救济权利和权力,包括(但不限于)拍卖或变卖质押权利以优先受偿。质权人对其合理行使该等权利和权力造成的任何损失不负责任将质押物转到质权人或其指定人名下; (d) Make any compromise or settlement, and take any action the Pledgee deems advisable, with respect to the Pledged Collateral; 就质押权利作出质权人认为有益的妥协或和解。就质押物作出质权人认为有益的妥协或和解。 Equity Pledge Agreement HENAN PROVINCE PENGDINGSHAN HONGLI COAL & COKE CO. , LTD. (e) Notify any obligor with respect to the Pledged Collateral to make payment directly to the Pledgee; 通知任何与质押权利有关的债务人直接付款给质权人通知任何与质押物有关的债务人直接付款给质权人; (f) All rights of the Pledgors that they would otherwise be entitled to enjoy or exercise with respect to the Pledged Collateral, including without limitations the rights to vote and to receive distributions, shall cease without any further action by or notice, and all such rights shall thereupon become vested in the Pledgee; and 无需任何其他措施或通知,出质人应丧失原先所有对质押权利享有或行使的其他权利,包括但不限于投票权及获得分配的权利。这些权利应归属于质权人;并且无需任何其他措施或通知,出质人应丧失原先所有对质押物享有或行使的其他权利,包括但不限于投票权及获得分配的权利。这些权利应归属于质权人;并且 (g) The Pledgors shall execute and deliver to the Pledgee such other instruments as the Pledgee may request in order to permit the Pledgee to exercise the rights set forth herein. 出质人应按质权人要求签署和交付其他文据,以允许质权人行使本协议项下的权利。

Appears in 1 contract

Samples: Equity Pledge Agreement (Ableauctions Com Inc)

Authorized Action by Secured Party. The Pledgors hereby irrevocably appoint Pledgee as the attorney-in-fact of the Pledgors for the purpose of carrying out the security provisions of this Agreement and to take any action and execute any instrument that the Pledgee may deem necessary or advisable to accomplish the purpose of this Agreement. Such power of attorney shall be effective, automatically and without the necessity of any action (including any transfer of any Pledged Collateral) by any person, upon the occurrence an Event of Default. Pledgee shall not have any duty to exercise any such right or to preserve the same and shall not be liable for any failure to do so or for any delay in doing so. 被担保方的受权措施。出质人不可撤销地指定质权人为自己的事实代理人,以实现本协议担保条款之目的、并采取任何质权人认为对达到本协议目的必要的或有益的行动和签署此等文书。在违约事项发生时,该代理权将自动生效,无须任何人的任何行为(包括抵押物的转移)。质权人没有义务行使或保留上述权利,也不对未行使或延迟行使上述权利负责。 If an Event of Default occurs, or is already proceeding, Pledgee shall have the right to exercise the following rights: 如果一个违约事项发生,或者正在发展,质权人有权利行使如下权利被担保方的受权措施。出质人不可撤销地指定质权人为自己的事实代理人,以实现本协议担保条款之目的、并采取任何质权人认为对达到本协议目的必要的或有益的行动和签署此等文书。在违约事项发生时,该代理权将自动生效,无须任何&#2 0154;的任何行为(包括抵押物的转移)。质权人没有义务行使或保留上述权利,也不对未行使或延迟行使上述权利负责。 如果一个违约事件发生,或者正在发展,质权人有权利行使如下权利: (a) Collect by legal proceedings or otherwise, and endorse and/or receive all payments, proceeds and other sums and property now or hereafter payable on or on account of the Pledged Collateral; 基于法定程序或其它方式收取、背书、接收所有付款、价款以及现今及今后所有应收的因质押权利或基于质押权利而产生的款项和财产;代表或为了质押物,以法定程序及其它方式收取、背书、接收所有付款、价款以及现今及今后所有应收的款项和财产; Equity Pledge Agreement JINJIANG YINGLIN JINDUREN DRESS Co. , LTD. (b) Enter into any extension, reorganization, deposit, merger, consolidation or other agreement pertaining to, or deposit, surrender, accept, hold or apply other property in exchange for the Pledged Collateral; 参与关于处置、放弃、接受、或拥有其它财产交换质押权利的任何延期、重组、处置、兼并、合并等安排参与关于、处置、放弃、接受、或拥有其它财产交换质押物的任何延期、重组、处置、兼并、合并等安排; (c) After the delivery of written notice to the Pledgor, the Pledgee shall be entitled to all the remedy rights and powers under PRC laws and basic provisions of this Agreement, which is including but not limited to: disposing Transfer the Pledged Collateral through auction under the Pledgee’s name or sale. The Pledgee shall not bear any loss raised from the performance of aforesaid remedy rights and powersunder an appointed nominee; 质权人有权在给与出质人书面通知后,行使其根据中国法律、本协议基本协议条款而享有的全部违约救济权利和权力,包括(但不限于)拍卖或变卖质押权利以优先受偿。质权人对其合理行使该等权利和权力造成的任何损失不负责任将质押物转到质权人或其指定人名下; (d) Make any compromise or settlement, and take any action the Pledgee deems advisable, with respect to the Pledged Collateral; 就质押权利作出质权人认为有益的妥协或和解。 (e) Notify any obligor with respect to the Pledged Collateral to make payment directly to the Pledgee; 通知任何与质押权利有关的债务人直接付款给质权人; (f) All rights of the Pledgors that they would otherwise be entitled to enjoy or exercise with respect to the Pledged Collateral, including without limitations the rights to vote and to receive distributions, shall cease without any further action by or notice, and all such rights shall thereupon become vested in the Pledgee; and 无需任何其他措施或通知,出质人应丧失原先所有对质押权利享有或行使的其他权利,包括但不限于投票权及获得分配的权利。这些权利应归属于质权人;并且 (g) The Pledgors shall execute and deliver to the Pledgee such other instruments as the Pledgee may request in order to permit the Pledgee to exercise the rights set forth herein. 出质人应按质权人要求签署和交付其他文据,以允许质权人行使本协议项下的权利。;

Appears in 1 contract

Samples: Equity Pledge Agreement (Sino Charter Inc.)

Authorized Action by Secured Party. The Pledgors hereby irrevocably appoint Pledgee as the attorney-in-fact of the Pledgors for the purpose of carrying out the security provisions of this Agreement and to take any action and execute any instrument that the Pledgee may deem necessary or advisable to accomplish the purpose of this Agreement. Such power of attorney shall be effective, automatically and without the necessity of any action (including any transfer of any Pledged Collateral) by any person, upon the occurrence an Event of Default. Pledgee shall not have any duty to exercise any such right or to preserve the same and shall not be liable for any failure to do so or for any delay in doing so. 被担保方的受权措施。出质人不可撤销地指定质权人为自己的事实代理人,以实现本协议担保条款之目的、并采取任何质权人认为对达到本协议目的必要的或有益的行动和签署此等文书。在违约事项发生时,该代理权将自动生效,无须任何人的任何行为(包括抵押物的转移)。质权人没有义务行使或保留上述权利,也不对未行使或延迟行使上述权利负责。 If an Event of Default occurs, or is already proceeding, Pledgee shall have the right to exercise the following rights: 如果一个违约事项发生,或者正在发展,质权人有权利行使如下权利被担保方的受权措施。出质人不可撤销地指定质权人为自己的事实代理人,以实现本协议担保条款之目的、并采取任何质权人认为对达到本协议目的必要的或有益的行动和签署此等文书。在违约事项发生时,该代理权将自动生效,无须任何É 54;的任何行为(包括抵押物的转移)。质权人没有义务行使或保留上述权利,也不对未行使或延迟行使上述权利负责。 如果一个违约事件发生,或者正在发展,质权人有权利行使如下权利: (a) Collect by legal proceedings or otherwise, and endorse and/or receive all payments, proceeds and other sums and property now or hereafter payable on or on account of the Pledged Collateral; 基于法定程序或其它方式收取、背书、接收所有付款、价款以及现今及今后所有应收的因质押权利或基于质押权利而产生的款项和财产代表或为了质押物,以法定程序及其它方式收取、背书、接收所有付款、价款以及现今及今后所有应收的款项和财产; (b) Enter into any extension, reorganization, deposit, merger, consolidation or other agreement pertaining to, or deposit, surrender, accept, hold or apply other property in exchange for the Pledged Collateral; 参与关于处置、放弃、接受、或拥有其它财产交换质押权利的任何延期、重组、处置、兼并、合并等安排参与关于、处置、放弃、接受、或拥有其它财产交换质押物的任何延期、重组、处置、兼并、合并等安排; (c) After the delivery of written notice to the Pledgor, the Pledgee shall be entitled to all the remedy rights and powers under PRC laws and basic provisions of this Agreement, which is including but not limited to: disposing Transfer the Pledged Collateral through auction under the Pledgee’s name or sale. The Pledgee shall not bear any loss raised from the performance of aforesaid remedy rights and powersunder an appointed nominee; 质权人有权在给与出质人书面通知后,行使其根据中国法律、本协议基本协议条款而享有的全部违约救济权利和权力,包括(但不限于)拍卖或变卖质押权利以优先受偿。质权人对其合理行使该等权利和权力造成的任何损失不负责任将质押物转到质权人或其指定人名下; (d) Make any compromise or settlement, and take any action the Pledgee deems advisable, with respect to the Pledged Collateral; 就质押权利作出质权人认为有益的妥协或和解。 (e) Notify any obligor with respect to the Pledged Collateral to make payment directly to the Pledgee; 通知任何与质押权利有关的债务人直接付款给质权人; (f) All rights of the Pledgors that they would otherwise be entitled to enjoy or exercise with respect to the Pledged Collateral, including without limitations the rights to vote and to receive distributions, shall cease without any further action by or notice, and all such rights shall thereupon become vested in the Pledgee; and 无需任何其他措施或通知,出质人应丧失原先所有对质押权利享有或行使的其他权利,包括但不限于投票权及获得分配的权利。这些权利应归属于质权人;并且 (g) The Pledgors shall execute and deliver to the Pledgee such other instruments as the Pledgee may request in order to permit the Pledgee to exercise the rights set forth herein. 出质人应按质权人要求签署和交付其他文据,以允许质权人行使本协议项下的权利。;

Appears in 1 contract

Samples: Equity Pledge Agreement (Xtreme Link, Inc.)

Authorized Action by Secured Party. The Pledgors hereby irrevocably appoint Pledgee as the attorney-in-fact of the Pledgors for the purpose of carrying out the security provisions of this Agreement and to take any action and execute any instrument that the Pledgee may deem necessary or advisable to accomplish the purpose of this Agreement. Such power of attorney shall be effective, automatically and without the necessity of any action (including any transfer of any Pledged Collateral) by any person, upon the occurrence an Event of Default. Pledgee shall not have any duty to exercise any such right or to preserve the same and shall not be liable for any failure to do so or for any delay in doing so. 被担保方的受权措施。出质人不可撤销地指定质权人为自己的事实代理人,以实现本协议担保条款之目的、并采取任何质权人认为对达到本协议目的必要的或有益的行动和签署此等文书。在违约事项发生时,该代理权将自动生效,无须任何人的任何行为(包括抵押物的转移)。质权人没有义务行使或保留上述权利,也不对未行使或延迟行使上述权利负责。 If an Event of Default occurs, or is already proceeding, Pledgee shall have the right to exercise the following rights: 如果一个违约事项发生,或者正在发展,质权人有权利行使如下权利被担保方的受权措施。出质人不可撤销地指定质权人为自己的事实代理人,以实现本协议担保条款之目的、并采取任何质权人认为对达到本协议目的必要的或有益的行动和签署此等文书。在违约事项发生时,该代理权将自动生效,无须任何人的任何行为(包括抵押物的转移)。质权人没有义务行使或保留上述权利,也不对未行使或延迟行使上述权利负责。 如果一个违约事件发生,或者正在发展,质权人有权利行使如下权利: (a) Collect by legal proceedings or otherwise, and endorse and/or receive all payments, proceeds and other sums and property now or hereafter payable on or on account of the Pledged Collateral; 基于法定程序或其它方式收取、背书、接收所有付款、价款以及现今及今后所有应收的因质押权利或基于质押权利而产生的款项和财产代表或为了质押物,以法定程序及其它方式收取、背书、接收所有付款、价款以及现今及今后所有应收的款项和财产; (b) Enter into any extension, reorganization, deposit, merger, consolidation or other agreement pertaining to, or deposit, surrender, accept, hold or apply other property in exchange for the Pledged Collateral; 参与关于处置、放弃、接受、或拥有其它财产交换质押权利的任何延期、重组、处置、兼并、合并等安排参与关于、处置、放弃、接受、或拥有其它财产交换质押物的任何延期、重组、处置、兼并、合并等安排; (c) After the delivery of written notice to the Pledgor, the Pledgee shall be entitled to all the remedy rights and powers under PRC laws and basic provisions of this Agreement, which is including but not limited to: disposing Transfer the Pledged Collateral through auction under the Pledgee’s name or sale. The Pledgee shall not bear any loss raised from the performance of aforesaid remedy rights and powersunder an appointed nominee; 质权人有权在给与出质人书面通知后,行使其根据中国法律、本协议基本协议条款而享有的全部违约救济权利和权力,包括(但不限于)拍卖或变卖质押权利以优先受偿。质权人对其合理行使该等权利和权力造成的任何损失不负责任将质押物转到质权人或其指定人名下; (d) Make any compromise or settlement, and take any action the Pledgee deems advisable, with respect to the Pledged Collateral; 就质押权利作出质权人认为有益的妥协或和解就质押物作出质权人认为有益的妥协或和解。 (e) Notify any obligor with respect to the Pledged Collateral to make payment directly to the Pledgee; 通知任何与质押权利有关的债务人直接付款给质权人通知任何与质押物有关的债务人直接付款给质权人; (f) All rights of the Pledgors that they would otherwise be entitled to enjoy or exercise with respect to the Pledged Collateral, including without limitations the rights to vote and to receive distributions, shall cease without any further action by or notice, and all such rights shall thereupon become vested in the Pledgee; and 无需任何其他措施或通知,出质人应丧失原先所有对质押权利享有或行使的其他权利,包括但不限于投票权及获得分配的权利。这些权利应归属于质权人;并且无需任何其他措施或通知,出质人应丧失原先所有对质押物享有或行使的其他权利,包括但不限于投票权及获得分配的权利。这些权利应归属于质权人;并且 (g) The Pledgors shall execute and deliver to the Pledgee such other instruments as the Pledgee may request in order to permit the Pledgee to exercise the rights set forth herein. 出质人应按质权人要求签署和交付其他文据,以允许质权人行使本协议项下的权利。

Appears in 1 contract

Samples: Equity Pledge Agreement (Artistry Publications Inc)

Authorized Action by Secured Party. The Pledgors hereby irrevocably appoint Pledgee as the attorney-in-fact of the Pledgors for the purpose of carrying out the security provisions of this Agreement and to take any action and execute any instrument that the Pledgee may deem necessary or advisable to accomplish the purpose of this Agreement. Such power of attorney shall be effective, automatically and without the necessity of any action (including any transfer of any Pledged Collateral) by any person, upon the occurrence an Event of Default. Pledgee shall not have any duty to exercise any such right or to preserve the same and shall not be liable for any failure to do so or for any delay in doing so. 被担保方的受权措施。出质人不可撤销地指定质权人为自己的事实代理人,以实现本协议担保条款之目的、并采取任何质权人认为对达到本协议目的必要的或有益的行动和签署此等文书。在违约事项发生时,该代理权将自动生效,无须任何人的任何行为(包括抵押物的转移)。质权人没有义务行使或保留上述权利,也不对未行使或延迟行使上述权利负责。 If an Event of Default occurs, or is already proceeding, Pledgee shall have the right to exercise the following rights: 如果一个违约事项发生,或者正在发展,质权人有权利行使如下权利: (a) Collect by legal proceedings or otherwise, and endorse and/or receive all payments, proceeds and other sums and property now or hereafter payable on or on account of the Pledged Collateral; 基于法定程序或其它方式收取、背书、接收所有付款、价款以及现今及今后所有应收的因质押权利或基于质押权利而产生的款项和财产; (b) Enter into any extension, reorganization, deposit, merger, consolidation or other agreement pertaining to, or deposit, surrender, accept, hold or apply other property in exchange for the Pledged Collateral; 参与关于处置、放弃、接受、或拥有其它财产交换质押权利的任何延期、重组、处置、兼并、合并等安排; (c) After the delivery of written notice to the Pledgor, the Pledgee shall be entitled to all the remedy rights and powers under PRC laws and basic provisions of this Agreement, which is including but not limited to: disposing the Pledged Collateral through auction or sale. The Pledgee shall not bear any loss raised from the performance of aforesaid remedy rights and powers; 质权人有权在给与出质人书面通知后,行使其根据中国法律、本协议基本协议条款而享有的全部违约救济权利和权力,包括(但不限于)拍卖或变卖质押权利以优先受偿。质权人对其合理行使该等权利和权力造成的任何损失不负责任; (d) Make any compromise or settlement, and take any action the Pledgee deems advisable, with respect to the Pledged Collateral; 就质押权利作出质权人认为有益的妥协或和解。 (e) Notify any obligor with respect to the Pledged Collateral to make payment directly to the Pledgee; 通知任何与质押权利有关的债务人直接付款给质权人; (f) All rights of the Pledgors that they would otherwise be entitled to enjoy or exercise with respect to the Pledged Collateral, including without limitations the rights to vote and to receive distributions, shall cease without any further action by or notice, and all such rights shall thereupon become vested in the Pledgee; and 无需任何其他措施或通知,出质人应丧失原先所有对质押权利享有或行使的其他权利,包括但不限于投票权及获得分配的权利。这些权利应归属于质权人;并且 (g) The Pledgors shall execute and deliver to the Pledgee such other instruments as the Pledgee may request in order to permit the Pledgee to exercise the rights set forth herein. 出质人应按质权人要求签署和交付其他文据,以允许质权人行使本协议项下的权利。and

Appears in 1 contract

Samples: Equity Pledge Agreement (TMSR HOLDING Co LTD)

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Authorized Action by Secured Party. The Pledgors hereby irrevocably appoint Pledgee as the attorney-in-fact of the Pledgors for the purpose of carrying out the security provisions of this Agreement and to take any action and execute any instrument that the Pledgee may deem necessary or advisable to accomplish the purpose of this Agreement. Such power of attorney shall be effective, automatically and without the necessity of any action (including any transfer of any Pledged Collateral) by any person, upon the occurrence an Event of Default. Pledgee shall not have any duty to exercise any such right or to preserve the same and shall not be liable for any failure to do so or for any delay in doing so. 被担保方的受权措施。出质人不可撤销地指定质权人为自己的事实代理人,以实现本协议担保条款之目的、并采取任何质权人认为对达到本协议目的必要的或有益的行动和签署此等文书。在违约事项发生时,该代理权将自动生效,无须任何人的任何行为(包括抵押物的转移)。质权人没有义务行使或保留上述权利,也不对未行使或延迟行使上述权利负责。 If an Event of Default occurs, or is already proceeding, Pledgee shall have the right to exercise the following rights: 如果一个违约事项发生,或者正在发展,质权人有权利行使如下权利Equity Pledge Agreement Earth Building Group 被担保方的授权措施。出质人不可撤销地指定质权人为自己的事实代理人,以实现本协议担保条款之目的、并采取任何质权人认为对达到本协议目的必要的或有益的行动和签署此等文书。在违约事项发生时,该代理权将自动生效,无须任何人的任何行为(包括抵押物的转移)。质权人没有义务行使或保留上述权利,也不对未行使或延迟行使上述权利负责。 如果一个违约事件发生,或者正在发展,质权人有权利行使如下权利: (a) Collect by legal proceedings or otherwise, and endorse and/or receive all payments, proceeds and other sums and property now or hereafter payable on or on account of the Pledged Collateral; 基于法定程序或其它方式收取、背书、接收所有付款、价款以及现今及今后所有应收的因质押权利或基于质押权利而产生的款项和财产代表或为了质押物,以法定程序及其它方式收取、背书、接收所有付款、价款以及现今及今后所有应收的款项和财产; (b) Enter into any extension, reorganization, deposit, merger, consolidation or other agreement pertaining to, or deposit, surrender, accept, hold or apply other property in exchange for the Pledged Collateral; 参与关于处置、放弃、接受、或拥有其它财产交换质押权利的任何延期、重组、处置、兼并、合并等安排参与关于、处置、放弃、接受、或拥有其它财产交换质押物的任何延期、重组、处置、兼并、合并等安排; (c) After the delivery of written notice to the Pledgor, the Pledgee shall be entitled to all the remedy rights and powers under PRC laws and basic provisions of this Agreement, which is including but not limited to: disposing Transfer the Pledged Collateral through auction under the Pledgee’s name or sale. The Pledgee shall not bear any loss raised from the performance of aforesaid remedy rights and powersunder an appointed nominee; 质权人有权在给与出质人书面通知后,行使其根据中国法律、本协议基本协议条款而享有的全部违约救济权利和权力,包括(但不限于)拍卖或变卖质押权利以优先受偿。质权人对其合理行使该等权利和权力造成的任何损失不负责任将质押物转到质权人或其指定人名下; (d) Make any compromise or settlement, and take any action the Pledgee deems advisable, with respect to the Pledged Collateral; 就质押权利作出质权人认为有益的妥协或和解。 (e) Notify any obligor with respect to the Pledged Collateral to make payment directly to the Pledgee; 通知任何与质押权利有关的债务人直接付款给质权人; (f) All rights of the Pledgors that they would otherwise be entitled to enjoy or exercise with respect to the Pledged Collateral, including without limitations the rights to vote and to receive distributions, shall cease without any further action by or notice, and all such rights shall thereupon become vested in the Pledgee; and 无需任何其他措施或通知,出质人应丧失原先所有对质押权利享有或行使的其他权利,包括但不限于投票权及获得分配的权利。这些权利应归属于质权人;并且 (g) The Pledgors shall execute and deliver to the Pledgee such other instruments as the Pledgee may request in order to permit the Pledgee to exercise the rights set forth herein. 出质人应按质权人要求签署和交付其他文据,以允许质权人行使本协议项下的权利。;

Appears in 1 contract

Samples: Equity Pledge Agreement (Jintai Mining Group, Inc.)

Authorized Action by Secured Party. The Pledgors Pledgor hereby irrevocably appoint Pledgee as the attorney-in-fact of the Pledgors Pledgor for the purpose of carrying out the security provisions of this Agreement and to take any action and execute any instrument that the Pledgee may deem necessary or advisable to accomplish the purpose of this Agreement. Such power of attorney shall be effective, automatically and without the necessity of any action (including any transfer of any Pledged Collateral) by any person, upon the occurrence an Event of Default. Pledgee shall not have any duty to exercise any such right or to preserve the same and shall not be liable for any failure to do so or for any delay in doing so. 被担保方的受权措施。出质人不可撤销地指定质权人为自己的事实代理人,以实现本协议担保条款之目的、并采取任何质权人认为对达到本协议目的必要的或有益的行动和签署此等文书。在违约事项发生时,该代理权将自动生效,无须任何人的任何行为(包括抵押物的转移)。质权人没有义务行使或保留上述权利,也不对未行使或延迟行使上述权利负责。 If an Event of Default occurs, or is already proceeding, Pledgee shall have the right to exercise the following rights: 如果一个违约事项发生,或者正在发展,质权人有权利行使如下权利被担保方的授权措施。出质人不可撤销地指定质权人为自己的事实代理人,以实现本协议担保条款之目的、并采取任何质权人认为对达到本协议目的必要的或有益的行动和签署此等文书。在违约事项发生时,该代理权将自动生效,无须任何人的任何行为(包括抵押物的转移)。质权人没有义务行使或保留上述权利,也不对未行使或延迟行使上述权利负责。 如果一个违约事件发生,或者正在发展,质权人有权利行使如下权利: (a) Collect by legal proceedings or otherwise, and endorse and/or receive all payments, proceeds and other sums and property now or hereafter payable on or on account of the Pledged Collateral; 基于法定程序或其它方式收取、背书、接收所有付款、价款以及现今及今后所有应收的因质押权利或基于质押权利而产生的款项和财产代表或为了质押物,以法定程序及其它方式收取、背书和/或接收所有关于质押物或因质押物而产生的付款、价款以及现今及今后所有应收的款项和财产; (b) Enter into any extension, reorganization, deposit, merger, consolidation or other agreement pertaining to, or deposit, surrender, accept, hold or apply other property in exchange for the Pledged CollateralCollateral subject to the PRC laws; 参与关于处置、放弃、接受、或拥有其它财产交换质押权利的任何延期、重组、处置、兼并、合并等安排根据中国法律,参与关于、处置、放弃、接受、拥有或用其它财产交换质押物的任何延期、重组、处置、兼并、合并等安排; (c) After the delivery of written notice to the Pledgor, the Pledgee shall be entitled to all the remedy rights and powers under PRC laws and basic provisions of this Agreement, which is including but not limited to: disposing the Pledged Collateral through auction or sale. The Pledgee shall not bear any loss raised from the performance of aforesaid remedy rights and powers; 质权人有权在给与出质人书面通知后,行使其根据中国法律、本协议基本协议条款而享有的全部违约救济权利和权力,包括(但不限于)拍卖或变卖质押权利以优先受偿。质权人对其合理行使该等权利和权力造成的任何损失不负责任; (d) Make any compromise or settlement, and take any action the Pledgee deems advisable, with respect to the Pledged Collateral; 就质押权利作出质权人认为有益的妥协或和解就质押物作出质权人认为有益的妥协或和解,以及付诸任何行动。 (ed) Notify any obligor with respect to the Pledged Collateral to make payment directly to the Pledgee; 通知任何与质押权利有关的债务人直接付款给质权人通知任何与质押物有关的债务人直接付款给质权人; (fe) All rights of the Pledgors Pledgor that they would otherwise be entitled to enjoy or exercise with respect to the Pledged Collateral, including without limitations the rights to vote and to receive distributions, shall shall, subject to the PRC laws, cease without any further action by or notice, and all such rights shall thereupon become vested in the Pledgee; and 无需任何其他措施或通知,出质人应丧失原先所有对质押权利享有或行使的其他权利,包括但不限于投票权及获得分配的权利。这些权利应归属于质权人;并且无需任何其他措施或通知,出质人应根据中国法律规定丧失原先所有对质押物享有或行使的其他权利,包括但不限于获得分配的权利。这些权利应归属于质权人;并且 (gf) The Pledgors Pledgor shall execute and deliver to the Pledgee such other instruments as the Pledgee may request in order to permit the Pledgee to exercise the rights set forth herein. 出质人应按质权人要求签署和交付其他文据,以允许质权人行使本协议项下的权利。

Appears in 1 contract

Samples: Equity Pledge Agreement (Jintai Mining Group, Inc.)

Authorized Action by Secured Party. The Pledgors hereby irrevocably appoint Pledgee as the attorney-in-fact of the Pledgors for the purpose of carrying out the security provisions of this Agreement and to take any action and execute any instrument that the Pledgee may deem necessary or advisable to accomplish the purpose of this Agreement. Such power of attorney shall be effective, automatically and without the necessity of any action (including any transfer of any Pledged Collateral) by any person, upon the occurrence an Event of Default. Pledgee shall not have any duty to exercise any such right or to preserve the same and shall not be liable for any failure to do so or for any delay in doing so. 被担保方的受权措施。出质人不可撤销地指定质权人为自己的事实代理人,以实现本协议担保条款之目的、并采取任何质权人认为对达到本协议目的必要的或有益的行动和签署此等文书。在违约事项发生时,该代理权将自动生效,无须任何人的任何行为(包括抵押物的转移)。质权人没有义务行使或保留上述权利,也不对未行使或延迟行使上述权利负责。 If an Event of Default occurs, or is already proceeding, Pledgee shall have the right to exercise the following rights: 如果一个违约事项发生,或者正在发展,质权人有权利行使如下权利被担保方的受权措施。出质人不可撤销地指定质权人为自己的事实代理人,以实现本协议担保条款之目的、并采取任何质权人认为对达到本协议目的必要的或有益的行动和签署此等文书。在违约事项发生时,该代理权将自动生效,无须任何人的任何行为(包括抵押物的转移)。质权人没有义务行使或保留上述权利,也不对未行使或延迟行使上述权利负责。 如果一个违约事件发生,或者正在发展,质权人有权利行使如下权利: (a) Collect by legal proceedings or otherwise, and endorse and/or receive all payments, proceeds and other sums and property now or hereafter payable on or on account of the Pledged Collateral; 基于法定程序或其它方式收取、背书、接收所有付款、价款以及现今及今后所有应收的因质押权利或基于质押权利而产生的款项和财产代表或为了质押物,以法定程序及其它方式收取、背书、接收所有付款、价款以及现今及今后所有应收的款项和财产; (b) Enter into any extension, reorganization, deposit, merger, consolidation or other agreement pertaining to, or deposit, surrender, accept, hold or apply other property in exchange for the Pledged Collateral; 参与关于处置、放弃、接受、或拥有其它财产交换质押权利的任何延期、重组、处置、兼并、合并等安排参与关于、处置、放弃、接受、或拥有其它财产交换质押物的任何延期、重组、处置、兼并、合并等安排; (c) After the delivery of written notice to the Pledgor, the Pledgee shall be entitled to all the remedy rights and powers under PRC laws and basic provisions of this Agreement, which is including but not limited to: disposing Transfer the Pledged Collateral through auction under the Pledgee’s name or sale. The Pledgee shall not bear any loss raised from the performance of aforesaid remedy rights and powersunder an appointed nominee; 质权人有权在给与出质人书面通知后,行使其根据中国法律、本协议基本协议条款而享有的全部违约救济权利和权力,包括(但不限于)拍卖或变卖质押权利以优先受偿。质权人对其合理行使该等权利和权力造成的任何损失不负责任将质押物转到质权人或其指定人名下; (d) Make any compromise or settlement, and take any action the Pledgee deems advisable, with respect to the Pledged Collateral; 就质押权利作出质权人认为有益的妥协或和解。 (e) Notify any obligor with respect to the Pledged Collateral to make payment directly to the Pledgee; 通知任何与质押权利有关的债务人直接付款给质权人; (f) All rights of the Pledgors that they would otherwise be entitled to enjoy or exercise with respect to the Pledged Collateral, including without limitations the rights to vote and to receive distributions, shall cease without any further action by or notice, and all such rights shall thereupon become vested in the Pledgee; and 无需任何其他措施或通知,出质人应丧失原先所有对质押权利享有或行使的其他权利,包括但不限于投票权及获得分配的权利。这些权利应归属于质权人;并且 (g) The Pledgors shall execute and deliver to the Pledgee such other instruments as the Pledgee may request in order to permit the Pledgee to exercise the rights set forth herein. 出质人应按质权人要求签署和交付其他文据,以允许质权人行使本协议项下的权利。;

Appears in 1 contract

Samples: Equity Pledge Agreement (China Golf Group, Inc.)

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