Equity Pledge. The Warrantors shall procure that the relevant MOFCOM approval on the equity pledge contemplated under the Equity Pledge Agreements shall have been obtained within forty (40) Business Days after the Closing Date. The Warrantors shall procure that the filing and registration with the relevant administration of industry and commerce with regard to the equity pledge contemplated under the Equity Pledge Agreements shall have been completed within fifty (50) Business Days after the Closing Date.
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Samples: Convertible Note and Warrant Purchase Agreement, Convertible Note and Warrant Purchase Agreement (The9 LTD), Convertible Note and Warrant Purchase Agreement (Ark Pacific Investment Management LTD)
Equity Pledge. The Warrantors shall procure that the relevant MOFCOM approval on the equity pledge contemplated under the Equity Pledge Agreements shall have been obtained within forty (40) Business Days after the Closing Date. The Warrantors shall procure that the filing and registration with the relevant administration of industry and commerce with regard to the equity pledge contemplated under the Equity Pledge Agreements shall have been completed within fifty (50) Business Days after the Closing Date.
9. LTV Adjustment, Release of Security and Change of Pledgee or Mortgagee
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