Common use of Disposal of the Pledged Equity Clause in Contracts

Disposal of the Pledged Equity. 4.1. The Pledgor and the Pledgee hereby agree that, upon the occurrence of any Breaching Event, the Pledgee shall have the right to exercise, upon giving written notice to the Pledgor, all of the rights and powers enjoyed by him under PRC Law, the Transaction Agreements and the terms hereof, including but not limited to being repaid in priority with proceeds from the sale of the Pledged Equity. If the Pledgee disposes of the Pledged Equity in accordance with this Agreement, the Pledgor and the Domestic Company shall provide all necessary assistance to enable the Pledgee to enforce the Equity Pledge in accordance with this Agreement.

Disposal of the Pledged Equity. 4.1. 4.1 The Pledgor Pledgors and the Pledgee hereby agree that, upon the occurrence of any Breaching Event, the Pledgee shall have the right to exercise, upon after giving a written notice to the PledgorPledgors, all of the rights and powers enjoyed by him of the Pledgors under the PRC Law, the Transaction Agreements and the terms hereof, including but not limited to being repaid in priority with the proceeds from the sale of the Pledged Equity. If the Pledgee disposes decides to dispose of the Pledged Equity in accordance with this Agreement, the Pledgor Pledgors and the Domestic Company shall provide all necessary assistance to enable secure the Pledgee to enforce the Equity Pledge in accordance with this Agreement.

Disposal of the Pledged Equity. 4.1. 4.1 The Pledgor and the Pledgee hereby agree that, upon the occurrence of any Breaching Event, the Pledgee shall have the right to exercise, upon giving written notice to the Pledgor, all of the rights and powers enjoyed by him under PRC Law, the Transaction Agreements and the terms hereof, including but not limited to being repaid in priority with proceeds from the sale of the Pledged Equity. If the Pledgee disposes of the Pledged Equity in accordance with this Agreement, the Pledgor and the Domestic Company shall provide all necessary assistance to enable the Pledgee to enforce the Equity Pledge in accordance with this Agreement.

Disposal of the Pledged Equity. 4.1. 4.1 The Pledgor and the Pledgee hereby agree that, upon the occurrence of any Breaching Event, the Pledgee shall have the right to exercise, upon giving written notice to the Pledgor, all of the rights and powers enjoyed by him under PRC Law, the Transaction Agreements and the terms hereof, including but not limited to being repaid in priority with proceeds from the sale of the Pledged Equity. If the Pledgee disposes of the Pledged Equity in accordance with this Agreement, the Pledgor and the Domestic Company shall provide all necessary assistance to enable the Pledgee to enforce the Equity Pledge in accordance with this Agreement.. ​

Disposal of the Pledged Equity. 4.1. 4.1 The Pledgor Pledgors and the Pledgee hereby agree that, upon the occurrence of any Breaching Event, the Pledgee shall have the right to exercise, upon after giving a written notice to the PledgorPledgors, all of the rights and powers enjoyed by him of the Pledgors under the PRC Law, the Transaction Agreements and the terms hereof, including but not limited to being repaid having priority in priority with receiving the proceeds from the sale disposal of the Pledged Equity. If the Pledgee disposes decides to dispose of the Pledged Equity in accordance with this Agreement, the Pledgor Pledgors and the Domestic Company shall provide all necessary assistance to enable secure the Pledgee to enforce the Equity Pledge in accordance with this Agreement.