Change of Pledgee or Mortgagee. The change of the pledgee under the Equity Pledge Agreements or the mortgagee under the Onshore Mortgages shall be subject to the prior consent of the Company, which shall not be unreasonably withheld, delayed or conditioned. Notwithstanding the foregoing, as long as the beneficiary of the Onshore Mortgages is Shanghai Shengye, the change of the mortgagee shall not be subject to the prior consent of the Company.
Appears in 4 contracts
Samples: Convertible Note and Warrant Purchase Agreement, Convertible Note and Warrant Purchase Agreement, Convertible Note and Warrant Purchase Agreement (The9 LTD)
