Common use of Continuity and No Waiver Clause in Contracts

Continuity and No Waiver. The Equity Interest Pledge hereunder is a continuous guarantee, and shall remain valid until the full performance of the Contractual Obligations or the full repayment of the Guaranteed Liabilities. No exemption or grace period granted by the Pledgee to the Pledgor concerning any breach by the Pledgor or delay by the Pledgee in its exercise of any of its rights hereunder, shall affect the rights of the Pledgee to demand at any time hereafter the strict performance of this Agreement by the Pledgor or the rights entitled to the Pledgee arising from subsequent breach by the Pledgor of this Agreement pursuant to this Agreement and relevant PRC Law.

Continuity and No Waiver. The Equity Interest Pledge hereunder is a continuous guarantee, and shall remain valid until the full performance of the Contractual Obligations or the full repayment of the Guaranteed Liabilities. No exemption or grace period granted by the Pledgee to the Pledgor Pledgors concerning any breach by the Pledgor Pledgors or delay by the Pledgee in its exercise of any of its rights hereunder, shall affect the rights of the Pledgee to demand at any time hereafter the strict performance of this Agreement by the Pledgor Pledgors or the rights entitled to the Pledgee arising from subsequent breach by the Pledgor Pledgors of this Agreement pursuant to this Agreement and relevant PRC Law.