DISCHARGE OF THE PLEDGE Sample Clauses

DISCHARGE OF THE PLEDGE. 9.1 This Pledge shall be discharged by, and only by, the express release thereof granted by the Pledgee.
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DISCHARGE OF THE PLEDGE. 3.1 After the Pledgors and the Company have completely and satisfactorily performed all the Contractual Obligations, the Pledgee shall, upon a request made by the Pledgors, discharge the Equity Pledge and facilitate the cancellation of the Equity Pledge in the Shareholders Register and the registration with the relevant administration for industry and commerce that governs the Company’s affairs. Any reasonable expenses arising from the cancellation of the Equity Pledge shall be borne by the Pledgee.
DISCHARGE OF THE PLEDGE. 11.1 The Pledgee shall grant an express release of the Pledge, as soon as is reasonably practicable upon demand of the Pledgor, as soon as all Secured Obligations have been unconditionally and irrevocably performed and discharged in full and there is no possibility of any further Secured Obligations coming into existence.
DISCHARGE OF THE PLEDGE. 7.1 The Pledge shall be discharged by, and only by, the express release thereof granted by the Pledgees. The Pledgees shall grant such express discharge as soon as practical after all the Secured Liabilities pursuant to the Loan Agreement have irrevocably been fulfilled in accordance with its terms and conditions.
DISCHARGE OF THE PLEDGE. 13.1 At the end of the Period of Effectiveness, the First Italian Pledge over Quota shall lose its effectiveness. When such event occurs, the Pledgor will be re-entitled to the full and exclusive ownership of the Quota and the Collateral Agent shall sign a deed of consent to the discharge of the First Italian Pledge over Quota and shall (i) allow the discharge of the object of the First Italian Pledge over Quota, (ii) prepare and deliver to the Pledgor the documents that the Pledgor may reasonably request, at Pledgor’s own expenses, in order to obtain the evidence of such discharge and (iii) perform any and all action deemed necessary or useful in order to return to the Pledgor the Quota, at Pledgor’s own expenses.
DISCHARGE OF THE PLEDGE. 13.1 The Secured Creditor will proceed with release of the Subject of the Pledge at the date of full repayment of the Guaranteed Obligations, provided that each of said Secured Credits has been correctly and fully accomplished in accordance with the provisions of the Loan Agreement.
DISCHARGE OF THE PLEDGE. 8.1 The Pledge will be fully discharged automatically:
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DISCHARGE OF THE PLEDGE. The Noteholders’ Representative shall have to release the pledge set up under this agreement, upon request and at the expenses of the Pledgor, on the date on which all of the obligations and liabilities of Gentium to the Noteholders under the Subscription Agreements, the Notes and other relating agreements have been discharged in full. Subject to the above, the pledge constituted pursuant to this agreement shall cease to be effective and the Pledged Assets shall return to the Pledgor, and the Noteholders’ Representative (i) shall release in favour of the Pledgor such part of the Pledged Assets not sold or otherwise assigned pursuant to this agreement, (ii) shall execute and deliver to the Pledgor those documents that the latter may reasonably request to give evidence of such release and (iii) shall take all actions that may be necessary or useful to return the Pledged Assets to the Pledgor.
DISCHARGE OF THE PLEDGE. 8.1 The Pledge will be discharged by, and only by, the express release thereof granted by the Beneficiary, in accordance with the provisions of the Stock Purchase Agreement or by means of final court decision or arbitral award, which can no longer be appealed, ordering the release of the Pledge.
DISCHARGE OF THE PLEDGE. 6.1 受限于本第6条的规定,质权应通过持续担保的方式保持完全有效,不应以任何方式受到任何临时结算(无论任何受担保债务是否在该等结算后仍未清偿)或其他事项或事情的影响。 Subject to this Section 6, the Pledge shall remain in full force and effect by way of continuing security and shall not be affected in any way by any interim settlement of account (whether or not any Secured Obligations remain outstanding thereafter) or other matter or thing whatsoever.
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