Common use of Disposal of the Pledged Property Clause in Contracts

Disposal of the Pledged Property. 4.1 Pledgors, Target Companies and Pledgee hereby agree that, in case of any Breaching Event, Pledgee shall have the right to exercise, upon giving written notice to Pledgors, all of the remedial rights and powers enjoyable by them under PRC Law, including but not limited to being repayment in priority with proceeds from auctions or sale-offs of the Pledged Property. Pledgee shall not be liable for any loss as the result of their reasonable exercise of such rights and powers.

Appears in 6 contracts

Samples: Equity Pledge Agreement (Asia Times Holdings LTD), Equity Pledge Agreement (Asia Times Holdings LTD), Equity Pledge Agreement (Asia Times Holdings LTD)

AutoNDA by SimpleDocs

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

Appears in 2 contracts

Samples: Equity Pledge Agreement (ChinaEdu CORP), Equity Pledge Agreement (ChinaEdu CORP)

Disposal of the Pledged Property. 4.1 Pledgors, Target Companies and Pledgee Pledgees hereby agree that, in case of any Breaching Event, Pledgee Pledgees shall have the right to exercise, upon giving written notice to Pledgors, all of the remedial rights and powers enjoyable by them under PRC Law, Transaction Agreements and the terms hereof, including but not limited to being repayment in priority with proceeds from auctions or sale-offs of the Pledged Property. Pledgee Pledgees shall not be liable for any loss as the result of their reasonable exercise of such rights and powers.. Equity Pledge Agreement050408

Appears in 2 contracts

Samples: Equity Pledge Agreement (Focus Media Holding LTD), Equity Pledge Agreement (Focus Media Holding LTD)

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

Appears in 2 contracts

Samples: Equity Pledge Agreement (Focus Media Holding LTD), Equity Pledge Agreement (Focus Media Holding LTD)

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

Appears in 1 contract

Samples: Equity Pledge Agreement (ChinaEdu CORP)

Disposal of the Pledged Property. 4.1 PledgorsPledgor, Target Companies HEZL and Pledgee hereby agree that, in case of any Breaching Event, Pledgee shall have the right to exercise, upon giving written notice to PledgorsPledgor, all of the remedial rights and powers enjoyable by them under PRC Lawlaws of China, including but not limited to being repayment in priority with proceeds from auctions or sale-offs of the Pledged Property. Pledgee shall not be liable for any loss as the result of their reasonable exercise of such rights and powers.

Appears in 1 contract

Samples: Equity Pledge Agreement (Ezagoo LTD)

AutoNDA by SimpleDocs

Disposal of the Pledged Property. 4.1 4.1. The Pledgors, Target Companies Company and Pledgee hereby agree that, in case of any Breaching Eventan Event 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 by them available to it under the PRC Law, the Transaction Agreements and the terms hereof, including but not limited to being repayment in priority with proceeds from auctions without limitation, auctioning or sale-offs of selling off the Pledged PropertyProperty so as to be repaid with first priority. The Pledgee shall not be liable for any loss incurred as the a result of their its reasonable exercise of such rights and powers.

Appears in 1 contract

Samples: Equity Interest Pledge Agreement (Solar Power, Inc.)

Disposal of the Pledged Property. 4.1 The Pledgors, the Target Companies and the Pledgee hereby agree that, in case of any Breaching Event, the Pledgee shall have the right to exercise, upon giving written notice to the Pledgors, all of the remedial rights and powers enjoyable by them under the PRC Law, including but not limited to being repayment in priority with proceeds from auctions or sale-offs of the Pledged Property. The Pledgee shall not be liable for any loss as the result of their reasonable exercise of such rights and powers.

Appears in 1 contract

Samples: Equity Pledge Agreement (SN Strategies Corp.)

Disposal of the Pledged Property. 4.1 PledgorsPledgor, Target Companies DSBT and Pledgee hereby agree that, in case of any Breaching Event, Pledgee shall have the right to exercise, upon giving written notice to PledgorsPledgor, all of the remedial rights and powers enjoyable by them under PRC Lawlaws of Malaysia, including but not limited to being repayment in priority with proceeds from auctions or sale-offs of the Pledged Property. Pledgee shall not be liable for any loss as the result of their reasonable exercise of such rights and powers.

Appears in 1 contract

Samples: Equity Pledge Agreement (DSwiss Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.