Common use of Covenants of Party B Clause in Contracts

Covenants of Party B. 2.2.1 Without the prior written consent of Party A or Recon-JN, Party B shall not sell, transfer, mortgage or dispose of any rights or interest relating to the Equity Interest, or allow any creation of other security interests on the Equity Interest (excluding the Security Interest under this Agreement and the Equity Interest Pledge Agreement). 2.2.2 Party B shall use its best efforts to prevent the shareholders of Party C from approving resolutions relating to the sale, transfer, mortgage, or disposal of any rights or interests relating to the Equity Interest, or allowing any creation of any security interest or other encumbrance on the Equity Interest (excluding the Security Interest created pursuant to this Agreement and the Equity Interest Pledge Agreement). 2.2.3 Party B shall use its best efforts to prevent the other shareholders of Party C from approving resolutions relating to Party C’s merger with, combination with, purchase of, or investment in any other entity. 2.2.4 Party B shall inform Party A of any actual or potential litigation, arbitration, or administrative procedure in relation to the Equity Interest. 2.2.5 Party B shall ensure that the other shareholders of Party C approve the transfer of the Equity Interest as set out in this Agreement. 2.2.6 In order to keep ownership of the Equity Interest, Party B shall cause Party C to execute all necessary or proper documents, take all necessary or proper actions, substitute all necessary or proper claims, and make all necessary or proper answer to all compensation claims. 2.2.7 At the request of Party A or Recon-JN from time to time, Party B shall immediately transfer to Party A or the Specified Person the Equity Interest unconditionally at any time. 2.2.8 Party B shall strictly comply with this Agreement and any other agreements which may be entered into by and among Party B, Party C and Party A collectively or separately, and shall perform its obligations under such agreements, and shall not take or fail to take any actions which actions or inactions will affect the validity and enforceability of such agreements.

Covenants of Party B. 2.2.1 Without the prior written consent of Party A or Recon-JNA, Party B shall not sell, transfer, mortgage or dispose of any rights or interest relating to the Equity Interest, or allow any creation of other security interests or encumbrances on the Equity Interest (excluding the Security Interest under this Agreement and the Equity Interest Pledge Agreement). 2.2.2 Party B shall use its best efforts to prevent the other shareholders of Party C from approving resolutions relating to the sale, transfer, mortgage, or disposal of any rights or interests relating to the Equity Interest, or allowing any creation of any security interest or other encumbrance on the Equity Interest (excluding the Security Interest created pursuant to this Agreement and the Equity Interest Pledge Agreement). 2.2.3 Party B shall use its best efforts to prevent the other shareholders of Party C from approving resolutions relating to Party C’s merger with, combination with, purchase of, or investment in any other entity. 2.2.4 Party B shall inform Party A of any actual or potential litigation, arbitration, or administrative procedure in relation to the Equity Interest. 2.2.5 Party B shall ensure that the other shareholders of Party C approve the transfer of the Equity Interest as set out in this Agreement. 2.2.6 In order to keep ownership of the Equity Interest, Party B shall cause Party C to execute all necessary or proper documents, take all necessary or proper actions, substitute all necessary or proper claims, and make all necessary or proper answer to all compensation claims. 2.2.7 At the request of Party A or Recon-JN from time to time, Party B shall immediately transfer to Party A or the Specified Person Person(s) the Equity Interest unconditionally at any timepursuant to this Agreement. 2.2.8 Party B shall strictly comply with this Agreement and any other agreements which may be entered into by and among Party B, Party C and Party A collectively or separately, and shall perform its obligations under such agreements, and shall not take or fail to take any actions which actions or inactions will affect the validity and enforceability of such agreements.

Covenants of Party B. 2.2.1 Without the prior written consent of Party A or Recon-JNA, Party B shall not sell, transfer, mortgage or dispose of any rights or interest relating to the Equity Interest, or allow any creation of other security interests or encumbrances on the Equity Interest (excluding the Security Interest under this Agreement and the Equity Interest Pledge Agreement). 2.2.2 Party B shall use its best efforts to prevent the shareholders of Party C from approving resolutions relating to the sale, transfer, mortgage, or disposal of any rights or interests relating to the Equity Interest, or allowing any creation of any security interest or other encumbrance on the Equity Interest (excluding the Security Interest created pursuant to this Agreement and the Equity Interest Pledge Agreement). 2.2.3 Party B shall use its best efforts to prevent the other shareholders of Party C from approving resolutions relating to Party C’s merger with, combination with, purchase of, or investment in any other entity. 2.2.4 Party B shall inform Party A of any actual or potential litigation, arbitration, or administrative procedure in relation to the Equity Interest. 2.2.5 Party B shall ensure that the other shareholders of Party C approve the transfer of the Equity Interest as set out in this Agreement. 2.2.6 In order to keep ownership of the Equity Interest, Party B shall cause Party C to execute all necessary or proper documents, take all necessary or proper actions, substitute all necessary or proper claims, and make all necessary or proper answer to all compensation claims. 2.2.7 At the request of Party A or Recon-JN from time to time, Party B shall immediately transfer to Party A or the Specified Person the Equity Interest unconditionally at any time. 2.2.8 Party B shall strictly comply with this Agreement and any other agreements which may be entered into by and among Party B, Party C and Party A collectively or separately, and shall perform its obligations under such agreements, and shall not take or fail to take any actions which actions or inactions will affect the validity and enforceability of such agreements.