Enforcement of Pledge. 5.1 Pledgor shall immediately notify the Beneficiary in writing upon their discovery of any Event of Default. The Beneficiary may deliver a written notice of default (“Notice of Default”) to Pledgor upon the occurrence of the Event of Default or at anytime thereafter. The Notice of Default may demand that Pledgor immediately pay all outstanding payments due under the Loan Agreement and the other Principal Agreements and all other payments due to the Beneficiary.
Appears in 7 contracts
Samples: Equity Pledge Agreement (Mecox Lane LTD), Equity Pledge Agreement (Mecox Lane LTD), Equity Pledge Agreement (Mecox Lane LTD)
