Establishment of Pledge. As security for the respective performance by the Domestic Co and the Pledgors of the Obligations, the Pledgors voluntarily pledge to the Pledgee 100% of the Equity Interest (the “Pledged Equity Interest”), each Pledgor to the extent of its portion of the Equity Interest. The Pledgee hereby accepts from each of the Pledgors such pledge. The obligations and liabilities of the Pledgors hereunder are several and not joint.
Establishment of Pledge. 3.1 The Pledgor undertakes that it shall be responsible for recording any equity interest pledge arrangements (“Equity Interest Pledge”) under this Agreement in the register of shareholders of Fangdd on the date of signing of this Agreement.
3.2 The Parties further agree that the Equity Interest Pledge shall be recorded in the register of shareholders of Fangdd in the form as set out in Annex I hereto in accordance with the terms and conditions of this Agreement and that the register of shareholders containing the Equity Interest Pledge shall be delivered to the Pledgee for custody.
3.3 The Pledgor undertakes that the establishment of the pledge shall be registered with the administrative department for industry and commerce in the place of registration of Fangdd, and Fangdd undertakes that it shall use its best efforts to cooperate with the Pledgor in completing the business registration of the Equity Interest Pledge as set out in this clause.
Establishment of Pledge. The Pledgor hereby pledges to the Pledgees by way of first priority registered pledge (the “Pledge”, deungrok-jilkwon in Korean), all of its right, title and interest in the Subject Shares, and the Pledgees hereby accept such Pledge of the Subject Shares, as collateral security for the due and punctual performance and discharge in full of the Secured Obligations. For the avoidance of doubt, subject to the provisions of this Pledge Agreement, the Pledge shall cover and apply to any and all right or property arising out of the Subject Shares after the execution of this Pledge Agreement, including, without limitation, (i) any shares of the Company resulting from the subdivision, consolidation or reclassification of the Subject Shares, (ii) any dividend or other property distributed from the Subject Shares and (iii) any rights or payments in respect of the Subject Shares arising from the dissolution or liquidation of the Company.
Establishment of Pledge. The Parties hereby agree that the Pledgor shall establish a pledge, pursuant to the terms and on the conditions of this Agreement, on the Pledged Assets for the benefit of the Pledgeholder and as security for the Secured Obligations.
Establishment of Pledge. The Pledgor undertakes that it shall be responsible for recording any equity interest pledge arrangements (“Equity Interest Pledge”) under this Agreement in the register of shareholders of Fangdd on the date of signing of this Agreement.
Establishment of Pledge i. The Pledgors promises to be responsible for the arrangement of pledge of stock rights("Pledge of Stock Rights") under this Agreement to be recorded in the company's register of shareholders on the date of signing this Agreement.
ii. The Parties further agree to record the Pledge of Stock Rights on the register of shareholders of the Company subject to the terms and conditions of this Agreement in the form listed in Annex I to this Agreement, and to entrust the register of shareholders which records the matters of Pledge of Stock Rights to the Pledgee’s care.
iii. The Pledgors promises to register the establishment of the pledge with the Administration for Industry and Commerce of the place where the Company is registered. The Company promises to do its utmost to cooperate with the Pledgors in completing the business registration of the equity pledge subject to this section.
Establishment of Pledge. (1) The Pledgor, in order to secure liabilities for installment redemption and damages and all other debts (hereinafter referred to as the “Original Debt”) that the Pledgor owes to the Pledgees under the Agreement for Entrustment of Payment and Repayment of Debt (hereinafter referred to as the “Payment Entrustment Agreement”) specified in (1) of the Schedule attached hereto, established today a first priority pledge (hereinafter referred as the “Pledge”) on the right to claim refund of the security deposit specified in (3) of the Schedule (hereinafter referred to as the “Pledged Receivable”) that was held by the Pledgor against the garnishee specified in (2) of the Schedule (hereinafter referred to as the “Garnishee”) in accordance with the provisions hereinafter, and, simultaneously with the execution of this Agreement, delivered to the Pledgee [Manager] the certificate of deposit of the Pledged Receivable issued by the Garnishee and other deeds relating to the Pledged Receivable. Upon the receipt by the Pledgee [Manager] thereof, it shall be deemed to that such delivery from the Pledgor to the Pledgees has been completed.
(2) Each of the Pledgees shall jointly own the Pledge ratably according to the shares (hereinafter referred to as the “Shares”) set forth in (4) of the Schedule hereto.
Establishment of Pledge. The Customer shall not establish the pledge (shichiken) on the investment trust beneficiary right except when the Bank approves it.
Establishment of Pledge. The Grantor grants a hypothec in favour of the Creditor with respect to the Shares held by the Grantor in the share capital of the Corporation for an amount equal to the balance of the purchase price, the whole plus twenty-five percent (25%). Thus, concurrently with the execution hereof, the Grantor hands over the Shares duly endorsed to the Creditor who will hold them through the intermediary of the Depositary, such Shares being pledged as a guarantee of the payment to the Creditor of the sums owed to it pursuant to the Agreement.
Establishment of Pledge. For the purpose of securing the Secured Obligations under the Loan Agreement, the Pledgor pledges and grants a security interest in, assigns, transfers and delivers unto the Pledgee and assigns its interest in the intellectual property detailed in Appendix I hereto (hereinafter, the
