Effectiveness, Amendment and Termination. 13.1 This Agreement shall become effective upon the satisfaction of the following conditions: 13.1.1 The pledgor and the Pledgee have formally executed this Agreement; 13.1.2 The pledge of the shares under this Agreement has been recorded in Weimeng’s register of shareholders. 13.2 Both parties may, after negotiations, amend this Agreement in the form of a written agreement at any time. 13.3 This Agreement shall be terminated when any of the following circumstances arises: 13.3.1 The duration of the right of pledge has elapsed; 13.3.2 Both parties rescind the pledge of the shares under this Agreement according to the clause of “Rescission of the Right of Pledge” in this Agreement; 13.3.3 The Pledgee and the Pledgor agree after negotiations to terminate this Agreement; 13. 3.4 The Pledgee unilaterally consents on terminating this Agreement in advance.
Appears in 4 contracts
Samples: Share Pledge Agreement, Share Pledge Agreement (WEIBO Corp), Share Pledge Agreement (WEIBO Corp)
Effectiveness, Amendment and Termination. 13.1 This Agreement shall become effective upon the satisfaction of the following conditions:
13.1.1 The pledgor and the Pledgee have formally executed this Agreement;
13.1.2 The pledge of the shares under this Agreement has been recorded in Weimeng[VIE]’s register of shareholders.
13.2 Both parties may, after negotiations, amend this Agreement in the form of a written agreement at any time.
13.3 This Agreement shall be terminated when any of the following circumstances arises:
13.3.1 The duration of the right of pledge has elapsed;
13.3.2 Both parties rescind the pledge of the shares under this Agreement according to the clause of “Rescission of the Right of Pledge” in this Agreement;
13.3.3 The Pledgee and the Pledgor agree after negotiations to terminate this Agreement; 13.;
3.4 13.3.4 The Pledgee unilaterally consents on terminating this Agreement in advance.
13.4 The early termination of this Agreement shall not affect either party’s rights or obligations accrued under this Agreement prior to the date when this Agreement was early terminated.
Appears in 3 contracts
Samples: Share Pledge Agreement (Sina Corp), Share Pledge Agreement (Sina Corp), Share Pledge Agreement (Sina Corp)
Effectiveness, Amendment and Termination. 13.1 This Agreement shall become effective upon the satisfaction of the following conditions:
13.1.1 The pledgor and the Pledgee have formally executed this Agreement;
13.1.2 The pledge of the shares under this Agreement has been recorded in WeimengIAD Company’s register of shareholders.
13.2 Both parties may, after negotiations, amend this Agreement in the form of a written agreement at any time.
13.3 This Agreement shall be terminated when any of the following circumstances arises:
13.3.1 The duration of the right of pledge has elapsed;
13.3.2 Both parties rescind the pledge of the shares under this Agreement according to the clause of “Rescission of the Right of Pledge” in this Agreement;
13.3.3 The Pledgee and the Pledgor agree after negotiations to terminate this Agreement; 13.;
3.4 13.3.4 The Pledgee unilaterally consents on terminating this Agreement in advance.
13.4 The early termination of this Agreement shall not affect either party’s rights or obligations accrued under this Agreement prior to the date when this Agreement was early terminated.
Appears in 2 contracts
Samples: Share Pledge Agreement (Sina Corp), Share Pledge Agreement (Sina Corp)
Effectiveness, Amendment and Termination. 13.1 This Agreement shall become effective upon the satisfaction of the following conditions:
13.1.1 The pledgor and the Pledgee have formally executed this Agreement;
13.1.2 The pledge of the shares under this Agreement has been recorded in Weimeng[VIE]’s register of shareholders.
13.2 Both parties may, after negotiations, amend this Agreement in the form of a written agreement at any time.
13.3 This Agreement shall be terminated when any of the following circumstances arises:
13.3.1 The duration of the right of pledge has elapsed;
13.3.2 Both parties rescind the pledge of the shares under this Agreement according to the clause of “Rescission of the Right of Pledge” in this Agreement;
13.3.3 The Pledgee and the Pledgor agree after negotiations to terminate this Agreement; 13.
3.4 The Pledgee unilaterally consents on terminating this Agreement in advance.
Appears in 1 contract
Samples: Share Pledge Agreement (Sina Corp)