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.
Appears in 5 contracts
Samples: Equity Pledge Agreement (Cheetah Mobile Inc.), Equity Pledge Agreement (Kingsoft Internet Software Holdings LTD), Equity Pledge Agreement (Cheetah Mobile Inc.)
