Common use of DISPOSAL OF THE PLEDGED EQUITY INTERESTS Clause in Contracts

DISPOSAL OF THE PLEDGED EQUITY INTERESTS. 4.1 The Parties hereby agree that, upon occurrence of any Event of Default and with the written notice to the Plegors, the Pledgee shall be entitled to exercise all remedial rights and power available to it under the PRC Laws, the Transaction Documents and the terms of this Agreement, including without limitation to sell by auction or otherwise disposal of the Pledged Equity Interests so as to be compensated in priority. The Pledgee shall not be liable for any loss arising from its reasonable exercise of such rights or power.

DISPOSAL OF THE PLEDGED EQUITY INTERESTS. 4.1 The Parties hereby agree that, upon occurrence of any Event of Default and with the written notice to the Plegors, the Pledgee shall be entitled to exercise all remedial rights and power available to it under the PRC Laws, the Transaction Documents and the terms of this Agreement, including without limitation to transfer, sell by auction or otherwise disposal of the Pledged Equity Interests agreed by both the Pledgee and the Pledgor so as to be compensated in priority. The Pledgee shall not be liable for any loss arising from its reasonable exercise of such rights or power.

DISPOSAL OF THE PLEDGED EQUITY INTERESTS. 4.1 The Parties hereby agree that, upon occurrence of any Event of Default and with the written notice to the PlegorsPledgors, the Pledgee shall be entitled to exercise all remedial rights and power available to it under the PRC Laws, the Transaction Documents and the terms of this Agreement, including without limitation to transfer, sell by auction or otherwise disposal of the Pledged Equity Interests by means as agreed upon the Pledgors and the Pledgee so as to be compensated in priority. The Pledgee shall not be liable for any loss arising from its reasonable exercise of such rights or power.