Effectiveness and Term of Agreement. 12.1 This Agreement shall become effective when all of the following conditions are met： (a) this Agreement has been duly executed by the parties; and (b) the pledge of equity under this Agreement has been recorded in the register of shareholders of the Company in accordance with law. 12.2 The term of this Agreement shall end when the Contractual Obligations have been fully performed or the Secured Indebtedness have been fully repaid, whichever is later.
Appears in 4 contracts
Samples: Equity Pledge Agreement (JOYY Inc.), Equity Pledge Agreement (JOYY Inc.), Equity Pledge Agreement (JOYY Inc.)
Effectiveness and Term of Agreement.
12.1 This Agreement shall become effective when all of the following conditions are met：
(a) this Agreement has been duly executed upon due execution by the parties; and
(b) the pledge of equity under this Agreement has been recorded in the register of shareholders of the Company in accordance with lawParties.
12.2 The term of this Agreement shall end when the Contractual Obligations have been fully performed or the Secured Indebtedness have been fully repaid, whichever is later.
Appears in 2 contracts
Samples: Equity Interest Pledge Agreement (Tuniu Corp), Equity Interest Pledge Agreement (Tuniu Corp)
Effectiveness and Term of Agreement.
12.1 This Agreement shall become effective when all of the following conditions are met：
(a) this Agreement has been after duly executed by the parties; and
(b) the pledge of equity under this Agreement has been recorded in the register of shareholders of the Company in accordance with law.
12.2 The term of this Agreement shall end when the Contractual Obligations have been fully performed or the Secured Indebtedness have been fully repaid, whichever is later.
Appears in 2 contracts
Samples: Partnership Interest Pledge Agreement (JOYY Inc.), Partnership Interest Pledge Agreement (JOYY Inc.)
Effectiveness and Term of Agreement.
12.1 This Agreement shall become effective when all of the following conditions are met：
(a) this Agreement has been duly executed by the parties; and
(b) the pledge of equity under this Agreement has been recorded in the register of shareholders of the Company in accordance with law. .
12.2 The term of this Agreement shall end when the Contractual Obligations have been fully performed or the Secured Indebtedness have been fully repaid, whichever is later.
Appears in 1 contract
Samples: Equity Pledge Agreement (JOYY Inc.)
Effectiveness and Term of Agreement.
12.1 This Agreement shall become effective when all of the following conditions are met：
(a) this Agreement has been after duly executed by the parties; and
(b) the pledge of equity under this Agreement has been recorded in the register of shareholders of the Company in accordance with law.
12.2 The term of this Agreement shall end when the Contractual Obligations have been fully performed or the Secured Indebtedness have been fully repaid, whichever is later.
Appears in 1 contract
Effectiveness and Term of Agreement.
12.1 This Agreement shall become effective when all of the following conditions are met：
(a) this Agreement has been duly executed upon due execution by the parties; and
(b) the pledge of equity under this Agreement has been recorded in the register of shareholders of the Company in accordance with law. Parties.
12.2 The term of this Agreement shall end when the Contractual Obligations have been fully performed or the Secured Indebtedness have been fully repaid, whichever is later.
Appears in 1 contract
Samples: Equity Pledge Agreement (Alibaba Group Holding LTD)
