Common use of Change of Situation Clause in Contracts

Change of Situation. 11.1 In addition to and without breaching other provisions of the Transaction Agreements and this Agreement, if the Pledgee believes that maintaining the validity of this Agreement and/or disposing the Pledged Equity Interest in the way specified in this Agreement become illegal or contradict to any laws, regulations or rules, due to the change to the interpretation or application of such laws, regulations or rules or due to the change of relevant registration procedure, the Pledgors and the Company shall immediately take any actions and/or sign any agreements or other documents pursuant to the written instruction and at the reasonable request of the Pledgee, to:

Appears in 8 contracts

Samples: Interest Pledge Agreement (Xpeng Inc.), Interest Pledge Agreement (Xpeng Inc.), Interest Pledge Agreement (Xpeng Inc.)

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