Common use of Creation of Pledge Clause in Contracts

Creation of Pledge. 3.1 The Pledgor undertakes that it shall be responsible for recording the pledge under this Agreement at the register of members of the Company on the date this Agreement is executed (hereinafter referred to as “Equity Pledged”).

Creation of Pledge. 3.1 The Pledgor undertakes that it shall be responsible for recording record the pledge under this Agreement at the register of members of the Company on the date this Agreement is executed (hereinafter referred to as “Equity Pledged”)executed.