Common use of Disposal of the Pledged Equity Clause in Contracts

Disposal of the Pledged Equity. 4.1 The Parties hereby agree that, in case of any Breaching Event, the Pledgee shall have the right to exercise, upon giving a written notice to the Pledgors, all of the remedial rights and powers enjoyable by it under PRC Law, Transaction Agreements and the terms hereof, including (but not limited to) being repaid in priority with proceeds from auctions or sale-offs of the Pledged Equity. The Pledgee shall not be liable for any loss as the result of its reasonable exercise of such rights and powers.

Disposal of the Pledged Equity. 4.1 The Parties hereby agree that, in case of any Breaching EventEvent of Default, the Pledgee shall have the right to exercise, upon giving a written notice to the Pledgors, all of the remedial rights and powers enjoyable enjoyed by it under PRC Law, Transaction Agreements and the terms hereof, including (but not limited to) being repaid in priority with proceeds from auctions or sale-offs realisation of the Pledged Equity. The Pledgee shall not be liable for any loss as the result of resulting from its legal and reasonable exercise of such rights and powers.

Disposal of the Pledged Equity. 4.1 The Parties hereby agree that, in case of any Breaching EventEvent of Default, the Pledgee shall have the right to exercise, upon giving a written notice to the PledgorsPledgor, all of the remedial rights and powers enjoyable enjoyed by it under PRC Law, Transaction Agreements and the terms hereof, including (but not limited to) being repaid in priority with proceeds from auctions or sale-offs realisation of the Pledged Equity. The Pledgee shall not be liable for any loss as the result of resulting from its legal and reasonable exercise of such rights and powers.

Disposal of the Pledged Equity. 4.1 The Parties hereby agree that, that in case of any Breaching EventEvent of Default, the Pledgee shall have the right be entitled to exercise, upon giving a written notice to the PledgorsPledgor, all of the remedial its rights and powers enjoyable by it arising under default remedies under the PRC Law, Laws and the terms of the Transaction Agreements and the terms hereofthis Agreement, including (but not limited to) being repaid repayment in priority with proceeds from auctions or sale-offs of the Pledged Equity. The Pledgee shall not be held liable for any loss as the result of resulting from its reasonable exercise of such rights and powers.

Disposal of the Pledged Equity. 4.1 The Parties Pledgors and the Pledgee hereby agree that, in case upon the occurrence of any Breaching Event, the Pledgee shall have the right to exercise, upon giving a written notice to the Pledgors, all of the remedial rights and powers enjoyable enjoyed by it them under PRC Law, the Transaction Agreements and the terms hereof, including (but not limited to) to being repaid in priority with proceeds from auctions or sale-offs the sale of the Pledged Equity. The Pledgee shall not be liable for any loss as the result of its their reasonable exercise of such rights and powers.

Disposal of the Pledged Equity. 4.1 3.1 The Parties hereby agree that, in case of that if any Breaching Event, Event occurs the Pledgee shall have has the right to exerciseexercise all remedial rights and powers it enjoys under the PRC Laws, upon the Transaction Agreements and this Agreement after giving a written notice to the Pledgors, all of the remedial rights and powers enjoyable by it under PRC Law, Transaction Agreements and the terms hereof, including (but not limited to) being repaid in priority with proceeds from auctions to auctioning or sale-offs of selling the Pledged EquityEquity and receiving payment from the proceeds in the first place. The Pledgee shall not be liable for any loss as the result of caused by its reasonable exercise of such rights and powers.