Common use of Creation of Pledge Clause in Contracts

Creation of Pledge. 3.1 The Pledgor shall record the pledge under this Agreement at the register of members of the Company on the date this Agreement is executed.

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