Coverage of Pledge as a Security. The pledge provided as a security by the Pledgors under this Agreement shall cover the Obligations, penalties, damages, the expenses for exercise of the right of pledge, and all other payments due and payable to the Pledgee (i) by the Domestic Co under the Commercial Agreement, and (ii) by the Pledgors with respect to the Indebtedness and under the Option Agreement and the Letter of Undertaking.
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Samples: Equity Pledge Agreement (Newegg Inc), Equity Pledge Agreement (Newegg Inc)
Coverage of Pledge as a Security. The pledge provided as a security by the Pledgors under this Agreement shall cover the Obligations, penalties, damages, the expenses for exercise of the right of pledge, and all other payments due and payable to the Pledgee (i) by the Domestic Co under the Commercial Agreement, and (ii) by the Pledgors with respect to the Indebtedness and under the Option Agreement and the Letter of Undertaking,.
Appears in 1 contract
Samples: Equity Pledge Agreement (Newegg Inc)
Coverage of Pledge as a Security. The pledge provided as a security by the Pledgors under this Agreement shall cover the Obligations, penalties, damages, the expenses for exercise of the right of pledge, and all other payments due and payable to the Pledgee (i) by the Domestic Co under the Commercial Agreement, and (ii) by the Pledgors with respect to the Indebtedness and under the Option Agreement and the Letter of Undertaking.
Appears in 1 contract