Disposal of the Pledged Equity. 8.1 Party A and Party B hereby agree that in case of any default, Party A shall be entitled to exercise all the remedies and powers under PRC laws, transaction agreement and this Agreement upon giving a written notice to Party B, including, but not limited to, auctioning or selling the Pledged Equity and being first compensated with the proceeds from such disposal. Party A shall not be liable for any loss arising from its reasonable exercise of such rights and powers.
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Samples: Equity Pledge Agreement (Airmedia Group Inc.), Equity Pledge Agreement (Airmedia Group Inc.), Equity Pledge Agreement (Airmedia Group Inc.)
Disposal of the Pledged Equity. 8.1 7.1 Party A and Party B hereby agree that that, in case of any default, Party A shall be entitled to exercise all the remedies and powers under PRC laws, transaction agreement and this Agreement upon giving a written notice to Party B, including, but not limited to, auctioning or selling the Pledged Equity and being first compensated with the proceeds from such disposal. Party A shall not be liable for any loss arising from its reasonable exercise of such rights and powers.
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