Common use of Custody of Records for Equity Interest subject to Pledge Clause in Contracts

Custody of Records for Equity Interest subject to Pledge. 4.1 During the Term of Pledge set forth in this Agreement, each of the Pledgors and Party C shall deliver to Pledgee’s custody the capital contribution certificate for the Equity Interest and the shareholders’ register containing the Pledge within one week from the execution of this Agreement. Pledgee shall have custody of such items during the entire Term of Pledge set forth in this Agreement. 4.2 Pledgee shall have the right to collect dividends generated by the Equity Interest during the Term of Pledge.

Appears in 4 contracts

Samples: Share Pledge Agreement (SAMOYED HOLDING LTD), Share Pledge Agreement (SAMOYED HOLDING LTD), Share Pledge Agreement (SAMOYED HOLDING LTD)

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Custody of Records for Equity Interest subject to Pledge. 4.1 During the Term of Pledge set forth in this Agreement, each of the Pledgors Pledgor and Party C shall deliver to Pledgee’s custody the capital contribution certificate for the Equity Interest and the shareholders’ register containing the Pledge within one week from the execution of this Agreement. Pledgee shall have custody of such items during the entire Term of Pledge set forth in this Agreement. 4.2 Pledgee shall have the right to collect dividends generated by the Equity Interest during the Term of Pledge.

Appears in 1 contract

Samples: Share Pledge Agreement (SAMOYED HOLDING LTD)

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