Common use of Change of Parties Clause in Contracts

Change of Parties. In the event that Party B no longer possesses any shares of Party C, Party B shall be deemed no longer as a party of this Agreement. In the event that any third party becomes a shareholder of Party C, Party A and Party C shall take effort to cause such third party executing relevant legal documents and becoming one of Party B of this Agreement.

Appears in 7 contracts

Samples: Equity Interest Pledge Agreement (Daojia LTD), Equity Interest Pledge Agreement (Daojia LTD), Equity Interest Pledge Agreement (Daojia LTD)

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Change of Parties. In the event that Party B no longer possesses any shares of Party C, Party B shall be deemed no longer as a party of this Agreement. In the event that any third party becomes a shareholder of Party C, Party A B and Party C shall take effort to cause such third party executing relevant legal documents and becoming one of Party B of this Agreement.

Appears in 4 contracts

Samples: Equity Interest Pledge Agreement (17 Education & Technology Group Inc.), Equity Interest Pledge Agreement (17 Education & Technology Group Inc.), Equity Interest Pledge Agreement (17 Education & Technology Group Inc.)

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Change of Parties. In the event that Party B no longer possesses any shares of Party C, Party B shall no longer be deemed no longer as a party of this Agreement. In the event that any third party becomes a shareholder of Party C, Party A and Party C shall take make effort to cause such third party executing relevant legal documents and becoming one of Party B of this Agreement.

Appears in 3 contracts

Samples: Equity Interest Pledge Agreement, Equity Interest Pledge Agreement (Bright Scholar Education Holdings LTD), Equity Interest Pledge Agreement (Bright Scholar Education Holdings LTD)

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