Common use of Custody of Pledge Certificate Clause in Contracts

Custody of Pledge Certificate. 4.1 The Pledgor shall deliver to the custody of the Pledgee the certificate of its capital contribution to Ctrip Commerce and the shareholder register of Ctrip Commerce within one (1) week after the pledge is recorded at Ctrip Commerce’s shareholder register as required in Article 3; the Pledgee shall have the duty to well keep the pledge documents so received. 4.2 If the pledge hereunder is released pursuant to this Agreement, the Pledgee shall return the pledge registration certificate to the Pledgor within five (5) working days after the pledge is released, and provide necessary assistance to the Pledgor over the course of pledge release registration formalities. 4.3 The Pledgee shall have the right to collect all interests or beneficial rights, including dividends, accrued on the Pledged Equity.

Appears in 5 contracts

Samples: Equity Pledge Agreement (Trip.com Group LTD), Equity Pledge Agreement (Trip.com Group LTD), Equity Pledge Agreement (Ctrip Com International LTD)

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