Commitment of Pledgor and Party C Sample Clauses
Commitment of Pledgor and Party C. 6.1 During the term of this Agreement, the Pledgor and Party C jointly and separately promise to the Pledgee:
6.1.1 Except for the performance of Transaction Documents, the Pledgor shall not transfer the equity pledge equity or any part thereof, nor establish or allow any guarantee or other debt burden on the equity without the prior written consent of the Pledgee;
6.1.2 The Pledgor and Party C shall abide by and implement all provisions in laws and regulations concerning pledge of rights, and shall, upon receiving the notice, instruction or suggestion issued or formulated by the relevant competent authority on pledge rights, show the above notice, instruction or suggestion to the Pledgee in five (5) working days, and at the same time comply with the above notice, instruction or suggestion, or put forward objections and statements on the above matters in accordance with the reasonable requirements of the Pledgee or with the consent of the Pledgee;
