Common use of Equity Pledge Clause in Contracts

Equity Pledge. 2.1 Pledgor hereby pledges the Pledged Equity to Pledgee (“Pledge”) as a security for the full discharge of the Secured Debt. 2.2 Pledgor undertakes that Pledgor’s execution of this Agreement and performance of the obligations hereunder have been approved by the other shareholder of Ambow Sihua, and Pledgor will cause Ambow Sihua to record the equity pledge hereunder on the register of shareholders of Ambow Sihua. Pledgor and Ambow Sihua shall deliver the register of shareholders recording such equity pledge to Pledgee for safekeeping upon execution of this Agreement; 2.3 The Parties agree to register or cause to register the Pledge hereunder with the administrative authorities for industry and commerce in the place where Ambow Sihua is registered. The Pledge will be established at the time when the Pledge is registered with the administrative authorities for industry and commerce in the place where Ambow Sihua is registered. Pledgor, Pledgee and Ambow Sihua shall promptly register the Pledge with the administrative authorities for industry and commerce upon execution of this Agreement. The Parties also acknowledge that, upon execution of this Agreement, the Parties will not raise any question or objection to the effectiveness of this Agreement because of failure to register the Pledge with the administrative authorities for industry and commerce in the place where Ambow Sihua is registered.

Equity Pledge. 2.1 Each Pledgor hereby pledges the Pledged Equity to Pledgee (“Pledge”) as a security for the full discharge of the Secured Debt. 2.2 Pledgor undertakes Pledgors undertake to Pledgee that Pledgor’s Pledgors’ execution of this Agreement and performance of the obligations hereunder have been approved by the other shareholder shareholders of Ambow Sihua, and Pledgor they will cause Ambow Sihua to record the equity pledge hereunder on the shareholders’ register of shareholders of Ambow Sihua. Pledgor Pledgors and Ambow Sihua shall deliver the shareholders’ register of shareholders recording such the equity pledge hereunder to Pledgee for safekeeping upon execution of this Agreement; 2.3 The Parties agree to register or cause to register the Pledge hereunder with the administrative authorities for industry and commerce in the place where Ambow Sihua is registered. The Pledge will be hereunder is established at the time when the Pledge is registered with the administrative authorities for industry and commerce in the place where Ambow Sihua is registered. PledgorPledgors, Pledgee and Ambow Sihua the company shall promptly register the Pledge hereunder with the administrative authorities for industry and commerce upon execution of this Agreement. The Parties also acknowledge that, upon execution of this Agreement, the Parties will not raise any question or objection to the effectiveness of this Agreement because of failure to register the Pledge hereunder with the administrative authorities for industry and commerce in the place where Ambow Sihua is registered.

Equity Pledge. 2.1 Each Pledgor hereby pledges the Pledged Equity to Pledgee (“Pledge”) as a security for the full discharge of the Secured Debt. 2.2 Pledgor undertakes Pledgors undertake to Pledgee that Pledgor’s Pledgors’ execution of this Agreement and performance of the obligations hereunder have been approved by the other shareholder shareholders of Ambow SihuaShanghai, and Pledgor they will cause Ambow Sihua Shanghai to record the equity pledge hereunder on the shareholders’ register of shareholders of Ambow SihuaShanghai. Pledgor Pledgors and Ambow Sihua Shanghai shall deliver the shareholders’ register of shareholders recording such the equity pledge hereunder to Pledgee for safekeeping upon execution of this Agreement; 2.3 The Parties agree to register or cause to register the Pledge hereunder with the administrative authorities for industry and commerce in the place where Ambow Sihua Shanghai is registered. The Pledge will be hereunder is established at the time when the Pledge is registered with the administrative authorities for industry and commerce in the place where Ambow Sihua Shanghai is registered. PledgorPledgors, Pledgee and Ambow Sihua the company shall promptly register the Pledge hereunder with the administrative authorities for industry and commerce upon execution of this Agreement. The Parties also acknowledge that, upon execution of this Agreement, the Parties will not raise any question or objection to the effectiveness of this Agreement because of failure to register the Pledge hereunder with the administrative authorities for industry and commerce in the place where Ambow Sihua Shanghai is registered.

Equity Pledge. 2.1 Each Pledgor hereby pledges the Pledged Equity to Pledgee (“Pledge”) as a security for the full discharge of the Secured Debt. 2.2 Pledgor undertakes Pledgors undertake to Pledgee that Pledgor’s Pledgors’ execution of this Agreement and performance of the obligations hereunder have been approved by the other shareholder shareholders of Ambow SihuaZhixin, and Pledgor they will cause Ambow Sihua Zhixin to record the equity pledge hereunder on the shareholders’ register of shareholders of Ambow SihuaZhixin. Pledgor Pledgors and Ambow Sihua Zhixin shall deliver the shareholders’ register of shareholders recording such the equity pledge hereunder to Pledgee for safekeeping upon execution of this Agreement; 2.3 The Parties agree to register or cause to register the Pledge hereunder with the administrative authorities for industry and commerce in the place where Ambow Sihua Zhixin is registered. The Pledge will be hereunder is established at the time when the Pledge is registered with the administrative authorities for industry and commerce in the place where Ambow Sihua Zhixin is registered. PledgorPledgors, Pledgee and Ambow Sihua the company shall promptly register the Pledge hereunder with the administrative authorities for industry and commerce upon execution of this Agreement. The Parties also acknowledge that, upon execution of this Agreement, the Parties will not raise any question or objection to the effectiveness of this Agreement because of failure to register the Pledge hereunder with the administrative authorities for industry and commerce in the place where Ambow Sihua Zhixin is registered.

Equity Pledge. 2.1 Each Pledgor hereby pledges the Pledged Equity to Pledgee (“Pledge”) as a security for the full discharge of the Secured Debt. 2.2 Pledgor undertakes Pledgors undertake to Pledgee that Pledgor’s Pledgors’ execution of this Agreement and performance of the obligations hereunder have been approved by the other shareholder shareholders of Ambow SihuaRongye , and Pledgor they will cause Ambow Sihua Rongye to record the equity pledge hereunder on the shareholders’ register of shareholders of Ambow Sihua. Pledgor Rongye .. Pledgors and Ambow Sihua Rongye shall deliver the shareholders’ register of shareholders recording such the equity pledge hereunder to Pledgee for safekeeping upon execution of this Agreement; 2.3 The Parties agree to register or cause to register the Pledge hereunder with the administrative authorities for industry and commerce in the place where Ambow Sihua Rongye is registered. The Pledge will be hereunder is established at the time when the Pledge is registered with the administrative authorities for industry and commerce in the place where Ambow Sihua Rongye is registered. PledgorPledgors, Pledgee and Ambow Sihua the company shall promptly register the Pledge hereunder with the administrative authorities for industry and commerce upon execution of this Agreement. The Parties also acknowledge that, upon execution of this Agreement, the Parties will not raise any question or objection to the effectiveness of this Agreement because of failure to register the Pledge hereunder with the administrative authorities for industry and commerce in the place where Ambow Sihua Rongye is registered.

Equity Pledge. 2.1 Each Pledgor hereby pledges the Pledged Equity to Pledgee (“Pledge”) as a security for the full discharge of the Secured Debt. 2.2 Pledgor undertakes Pledgors undertake to Pledgee that Pledgor’s Pledgors’ execution of this Agreement and performance of the obligations hereunder have been approved by the other shareholder shareholders of Ambow SihuaShanghai Ambow, and Pledgor they will cause Shanghai Ambow Sihua to record the equity pledge hereunder on the shareholders’ register of shareholders of Shanghai Ambow. Pledgors and Shanghai Ambow Sihua. Pledgor and Ambow Sihua shall deliver the shareholders’ register of shareholders recording such the equity pledge hereunder to Pledgee for safekeeping upon execution of this Agreement; 2.3 The Parties agree to register or cause to register the Pledge hereunder with the administrative authorities for industry and commerce in the place where Shanghai Ambow Sihua is registered. The Pledge will be hereunder is established at the time when the Pledge is registered with the administrative authorities for industry and commerce in the place where Shanghai Ambow Sihua is registered. PledgorPledgors, Pledgee and Ambow Sihua the company shall promptly register the Pledge hereunder with the administrative authorities for industry and commerce upon execution of this Agreement. The Parties also acknowledge that, upon execution of this Agreement, the Parties will not raise any question or objection to the effectiveness of this Agreement because of failure to register the Pledge hereunder with the administrative authorities for industry and commerce in the place where Shanghai Ambow Sihua is registered.

Equity Pledge. 2.1 Each Pledgor hereby pledges the Pledged Equity to Pledgee (“Pledge”) as a security for the full discharge of the Secured Debt. 2.2 Pledgor undertakes Pledgors undertake to Pledgee that Pledgor’s Xxxxxxxx’ execution of this Agreement and performance of the obligations hereunder have been approved by the other shareholder shareholders of Ambow SihuaXxxxx XXXX, and Pledgor they will cause Ambow Sihua Xxxxx XXXX to record the equity pledge hereunder on the shareholders’ register of shareholders of Ambow SihuaXxxxx XXXX. Pledgor Pledgors and Ambow Sihua Xxxxx XXXX shall deliver the shareholders’ register of shareholders recording such the equity pledge hereunder to Pledgee for safekeeping upon execution of this Agreement; 2.3 The Parties agree to register or cause to register the Pledge hereunder with the administrative authorities for industry and commerce in the place where Ambow Sihua Jinan LYZX is registered. The Pledge will be hereunder is established at the time when the Pledge is registered with the administrative authorities for industry and commerce in the place where Ambow Sihua Jinan LYZX is registered. PledgorPledgors, Pledgee and Ambow Sihua Jinan LYZX shall promptly register the Pledge hereunder with the administrative authorities for industry and commerce upon execution of this Agreement. The Parties also acknowledge that, upon execution of this Agreement, the Parties will not raise any question or objection to the effectiveness of this Agreement because of failure to register the Pledge hereunder with the administrative authorities for industry and commerce in the place where Ambow Sihua Xxxxx XXXX is registered.

Equity Pledge. 2.1 Pledgor hereby pledges the Pledged Equity to Pledgee (“Pledge”) as a security for the full discharge of the Secured Debt. 2.2 Pledgor undertakes that Pledgor’s execution of this Agreement and performance of the obligations hereunder have been approved by the other shareholder of Ambow SihuaParty B, and Pledgor will cause Ambow Sihua Party B to record the equity pledge hereunder on the register of shareholders of Ambow Sihua. Party B. Pledgor and Ambow Sihua Party B shall deliver the register of shareholders recording such equity pledge to Pledgee for safekeeping upon execution of this Agreement; 2.3 The Parties agree to register or cause to register the Pledge hereunder with the administrative authorities for industry and commerce in the place where Ambow Sihua Party B is registered. The Pledge will be established at the time when the Pledge is registered with the administrative authorities for industry and commerce in the place where Ambow Sihua Party B is registered. Pledgor, Pledgee and Ambow Sihua Party B shall promptly register the Pledge with the administrative authorities for industry and commerce upon execution of this Agreement. The Parties also acknowledge that, upon execution of this Agreement, the Parties will not raise any question or objection to the effectiveness of this Agreement because of failure to register the Pledge with the administrative authorities for industry and commerce in the place where Ambow Sihua Party B is registered.

Equity Pledge. 2.1 Each Pledgor hereby pledges the Pledged Equity to Pledgee (“Pledge”) as a security for the full discharge of the Secured Debt. 2.2 Pledgor undertakes Pledgors undertake to Pledgee that Pledgor’s Pledgors’ execution of this Agreement and performance of the obligations hereunder have been approved by the other shareholder shareholders of Ambow SihuaShida, and Pledgor they will cause Ambow Sihua Shida to record the equity pledge hereunder on the shareholders’ register of shareholders of Ambow SihuaShida. Pledgor Pledgors and Ambow Sihua Shida shall deliver the shareholders’ register of shareholders recording such the equity pledge hereunder to Pledgee for safekeeping upon execution of this Agreement; 2.3 The Parties agree to register or cause to register the Pledge hereunder with the administrative authorities for industry and commerce in the place where Ambow Sihua Shida is registered. The Pledge will be hereunder is established at the time when the Pledge is registered with the administrative authorities for industry and commerce in the place where Ambow Sihua Shida is registered. PledgorPledgors, Pledgee and Ambow Sihua the company shall promptly register the Pledge hereunder with the administrative authorities for industry and commerce upon execution of this Agreement. The Parties also acknowledge that, upon execution of this Agreement, the Parties will not raise any question or objection to the effectiveness of this Agreement because of failure to register the Pledge hereunder with the administrative authorities for industry and commerce in the place where Ambow Sihua Shida is registered.

Equity Pledge. 2.1 Each Pledgor hereby pledges the Pledged Equity to Pledgee (“Pledge”) as a security for the full discharge of the Secured Debt. 2.2 Pledgor undertakes Pledgors undertake to Pledgee that Pledgor’s Pledgors’ execution of this Agreement and performance of the obligations hereunder have been approved by the other shareholder shareholders of Ambow SihuaShida Ambow, and Pledgor they will cause Shida Ambow Sihua to record the equity pledge hereunder on the shareholders’ register of shareholders of Shida Ambow. Pledgors and Shida Ambow Sihua. Pledgor and Ambow Sihua shall deliver the shareholders’ register of shareholders recording such the equity pledge hereunder to Pledgee for safekeeping upon execution of this Agreement; 2.3 The Parties agree to register or cause to register the Pledge hereunder with the administrative authorities for industry and commerce in the place where Shida Ambow Sihua is registered. The Pledge will be hereunder is established at the time when the Pledge is registered with the administrative authorities for industry and commerce in the place where Shida Ambow Sihua is registered. PledgorPledgors, Pledgee and Shida Ambow Sihua shall promptly register the Pledge hereunder with the administrative authorities for industry and commerce upon execution of this Agreement. The Parties also acknowledge that, upon execution of this Agreement, the Parties will not raise any question or objection to the effectiveness of this Agreement because of failure to register the Pledge hereunder with the administrative authorities for industry and commerce in the place where Shida Ambow Sihua is registered.