Event of Breach. 7.1 The following circumstances shall be deemed Event of Default:
7.1.1 Pledgor’s any breach to any obligations under the Transaction Documents and/or this Agreement.
7.1.2 Party C’s any breach to any obligations under the Transaction Documents and/or this Agreement.
7.2 Upon notice or discovery of the occurrence of any circumstances or event that may lead to the aforementioned circumstances described in Section 7.1, Pledgor and Party C shall immediately notify Pledgee in writing accordingly.
7.3 Unless an Event of Default set forth in this Section 7.1 has been successfully resolved to Pledgee’s satisfaction within twenty (20) days after the Pledgee and /or Party C delivers a notice to the Pledgor requesting ratification of such Event of Default, Pledgee may issue a Notice of Default to Pledgor in writing at any time thereafter, demanding the Pledgor to immediately exercise the Pledge in accordance with the provisions of Section 8 of this Agreement.
Event of Breach. 7.1 The following circumstances shall be deemed Event of Default:
7.1.1 The Pledgers and/or Party B breach any obligations under the Transaction Documents and/or this Agreement;
7.1.2 The Pledgers have serious misstatement or mistake in any statement or warranty made in Section 5 of this Agreement and/or the Pledgers violate any warranty in Section 5 of this Agreement;
7.1.3 The Pledgers and Party C fail to complete the registration of equity pledge with the registration authority in accordance with Section 3.1.
7.1.4 The Pledgers and Party C violate any provision of this Agreement;
7.1.5 Except otherwise clearly stipulated in Section 6.1.1, the Pledgers transfer or intend to transfer or surrender the Equity Interest or assign the Equity Interest without the Pledgee’s written consent;
7.1.6 The Pledgers (i) are required to repay or perform in advance or (ii) fails to repay or perform upon maturity any debt obligations owed to any third party such as loan, guarantee, indemnification and promise;
7.1.7 Any government approval, license, permit or authorization that renders this Agreement enforceable, lawful and valid is withdrawn, terminated, invalid or substantially changed;
7.1.8 The enactment of governing laws renders this Agreement unlawful or makes the Pledgers unable to continue performing its obligations hereunder;
7.1.9 The Pledgers’ assets experience negative change to the extent that affects the Pledgers’ ability to perform its obligations hereunder;
7.1.10 Party B’s heirs or custodians only partially perform or refuse to perform their payment obligations under the Transaction Documents;
7.1.11 Any other circumstance where the Pledgers cannot or possibly cannot exercise its rights over the Pledge.
7.2 Upon notice or discovery of the occurrence of any circumstances or event that may lead to the aforementioned circumstances described in Section 7.1, the Pledgers shall immediately notify the Pledgee in writing accordingly.
7.3 Unless an Event of Default set forth in this Section 7.1 has been successfully resolved to the Pledgee’s satisfaction, the Pledgee may issue a Notice of Default to the Pledgers upon the occurrence of the Event of Default or at any time thereafter, demanding the Pledgers and/or Party C to immediately perform their due obligations under the Transaction Documents and/or dispose of the Pledge in accordance with Section 8 of this Agreement.
Event of Breach. 7.1 下列事项均被视为违约事件: The following circumstances shall be deemed Event of Default:
7.1.1 丙方未能按期、完整履行任何业务合作协议项下的责任,包括但不限于丙方未能按期足额支付业务合作协议项下的应付的咨询服务费等费用或有违反该协议其他义务的行为; Party C fails to fully and timely fulfill any liabilities under the Business Cooperation Agreement, including without limitation failure to pay in full any of the consulting and service fees payable under the Business Cooperation Agreement or breaches any other obligations of Party C thereunder;
7.1.2 出质人或丙方实质违反本协议的任何条款; Pledgor or Party C has committed a material breach of any provisions of this Agreement;
Event of Breach. 7.1 下列事项均被视为违约事件: The following circumstances shall be deemed Event of Default:
7.1.1 出质人对其在交易文件及/或本协议项下的任何义务的违反; Pledgor’s any breach to any obligations under the Transaction Documents and/or this Agreement.
7.1.2 丙方对其在交易文件及/或本协议项下的任何义务的违反。 Party C’s any breach to any obligations under the Transaction Documents and/or this Agreement.
Event of Breach. 7.1 The following circumstances shall be deemed Event of Default:
7.1.1 Party C fails to fully and timely fulfill any liabilities under the Business Cooperation Agreement, including without limitation failure to pay in full any of the consulting and service fees payable under the Business Cooperation Agreement or breaches any other obligations of Party C thereunder;
7.1.2 Pledgor or Party C has committed a material breach of any provisions of this Agreement;
7.1.3 Except as expressly stipulated in Section 6.1.1, Pledgor transfers or purports to transfer or abandons the Equity Interest pledged or assigns the Equity Interest pledged without the written consent of Pledgee; and
7.1.4 The successor or custodian of Party C is capable of only partially perform or refuses to perform the payment obligations under the Business Cooperation Agreement.
7.2 Upon notice or discovery of the occurrence of any circumstances or event that may lead to the aforementioned circumstances described in Section 7.1, Pledgor shall immediately notify Pledgee in writing accordingly.
7.3 Unless an Event of Default set forth in this Section 7.1 has been successfully resolved to Pledgee’s satisfaction within twenty (20) days after the Pledgee delivers a notice to the Pledgor requesting ratification of such Event of Default, Pledgee may issue a Notice of Default to Pledgor in writing at any time thereafter, demanding the Pledgor to immediately dispose of the Pledge in accordance with the provisions of Article 8 of this Agreement.
Event of Breach. 下列事项均被视为违约事件: The following circumstances shall be deemed Event of Default:
Event of Breach. 7.1 下列事项均被视为违约事件: The following circumstances shall be deemed Event of Default:
7.1.1 丙方未能按期、完整履行控制协议项下任何责任,包括但不限于丙方未能按期足额支付控制协议项下的应付的咨询服务费等费用或有违反该协议其他义务的行为; Party C fails to fully and timely fulfill any liabilities under the Control Agreements, including without limitation failure to pay in full any of the consulting and service fees payable under the Control Agreements or breaches any other obligations of Party C thereunder;
7.1.2 出质人或丙方实质违反本合同的任何条款; Pledger or Party C has committed a material breach of any provisions of this Agreement;
7.1.3 除履行股权处分合同外,出质人舍弃出质的股权或未获得质权人书面同意而擅自转让或意图转让出质的股权; Except for the performance of the Equity Option Agreement, Pledger transfers or purports to transfer or abandons the Equity Interest pledged or assigns the Equity Interest pledged without the written consent of Pledgee; and
7.1.4 丙方的继承人或代管人只能履行部分或拒绝履行控制协议项下的支付责任; The successor or custodian of Party C is capable of only partially performing or refusing to perform the payment obligations under the Control Agreements.
7.1.5 出质人因其所拥有的财产出现不利变化,致使质权人认为出质人履行本合同项下的义务的能力已受到影响; The occurrence of any adverse change to the assets or property of the Pledger, which in Pledgee’s determination, may impact the ability of the Pledger to perform its obligations hereunder.
Event of Breach. 7.1 The following circumstances shall be deemed Event of Default:
7.1.1 Pledgor’s any breach to any obligations under the Transaction Documents and/or this Agreement;
7.1.2 Party C’s any breach to any obligations under the Transaction Documents and/or this Agreement.
7.2 Upon notice or discovery of the occurrence of any circumstances or event that may lead to the aforementioned circumstances described in Section 7.1, Pledgor shall immediately notify Pledgee in writing accordingly.
7.3 Unless an Event of Default set forth in this Section 7.1 has been successfully resolved to Pledgee’s satisfaction within twenty (20) days after the Pledgee and/or Party C delivers a notice to the Pledgor requesting rectification of such Event of Default, Pledgee may issue a Notice of Default to Pledgor in writing upon the occurrence of the Event of Default or at any time thereafter and demand that Pledgor immediately pay all outstanding payments due under the Exclusive Business Cooperation Agreement and all other payments due to Pledgee, and/or dispose of the Pledge in accordance with the provisions of Article 8 of this Agreement.
Event of Breach. 7.1 The following circumstances shall be deemed Event of Default:
Event of Breach. REMEDIES