Common use of Event of Breach Clause in Contracts

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.

Appears in 44 contracts

Samples: Equity Interest Pledge Agreement (EShallGo Inc.), Equity Interest Pledge Agreement (China Online Education Group), Equity Interest Pledge Agreement (EShallGo Inc.)

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Event of Breach. 7.1 The following circumstances shall be deemed an Event of Default: 7.1.1 The 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, the Pledgor and Party C 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 within twenty (20) days after the Pledgee and /or Party C delivers a notice to the Pledgor requesting ratification of such Event of Default, the Pledgee may issue a Notice of Default to the 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.

Appears in 28 contracts

Samples: Equity Interest Pledge Agreement (Hello Group Inc.), Equity Interest Pledge Agreement (Hello Group Inc.), Equity Interest Pledge Agreement (Hello Group Inc.)

Event of Breach. 7.1 The following circumstances shall be deemed an Event of Default: 7.1.1 The 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, the Pledgor and Party C 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 within twenty (20) days after the Pledgee and /or and/or Party C delivers a notice to the Pledgor requesting ratification of such Event of Default, the Pledgee may issue a Notice of Default to the 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.

Appears in 19 contracts

Samples: Equity Interest Pledge Agreement (Hello Group Inc.), Equity Interest Pledge Agreement (Hello Group Inc.), Equity Interest Pledge Agreement (Luboa Group, Inc.)

Event of Breach. 7.1 The following circumstances shall be deemed as Event of Default: 7.1.1 The Pledgor’s any breach to any obligations under the Transaction Documents and/or this Agreement. 7.1.2 Party CThe Company’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, the Pledgor and Party C the Company 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 within twenty (20) days after the Pledgee and /or Party C delivers a notice to the Pledgor and/or the Company requesting ratification rectification of such Event of Default, the Pledgee may issue a Notice of Default to the 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.

Appears in 9 contracts

Samples: Equity Interest Pledge Agreement (Aesthetic Medical International Holdings Group LTD), Equity Interest Pledge Agreement (Aesthetic Medical International Holdings Group LTD), Equity Interest Pledge Agreement (Aesthetic Medical International Holdings Group LTD)

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 Article 8 of this Agreement.

Appears in 6 contracts

Samples: Equity Interest Pledge Agreement (58.com Inc.), Equity Interest Pledge Agreement (58.com Inc.), Equity Interest Pledge Agreement (58.com Inc.)

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 and/or Party C 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.

Appears in 6 contracts

Samples: Equity Interest Pledge Agreement (E-Home Household Service Holdings LTD), Equity Interest Pledge Agreement (E-Home Household Service Holdings LTD), Equity Interest Pledge Agreement (E-Home Household Service Holdings LTD)

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 and/or Party C requesting ratification rectification 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.

Appears in 5 contracts

Samples: Equity Interest Pledge Agreement (KE Holdings Inc.), Equity Interest Pledge Agreement (KE Holdings Inc.), Equity Interest Pledge Agreement (China Online Education Group)

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 C’sany 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 and/or Party C 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.

Appears in 4 contracts

Samples: Equity Interest Pledge Agreement (Baijiayun Group LTD), Equity Interest Pledge Agreement (Baijiayun Group LTD), Equity Interest Pledge Agreement (Baijiayun Group LTD)

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 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 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.

Appears in 4 contracts

Samples: Equity Interest Pledge Agreement (Spark Education LTD), Equity Interest Pledge Agreement (Spark Education LTD), Equity Interest Pledge Agreement (Spark Education LTD)

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 '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 Article 8 of this Agreement.

Appears in 4 contracts

Samples: Equity Interest Pledge Agreement (58.com Inc.), Equity Interest Pledge Agreement (58.com Inc.), Equity Interest Pledge Agreement (58.com Inc.)

Event of Breach. 7.1 The following circumstances shall be deemed Event of Default: 7.1.1 The Pledgor’s any breach to of any obligations under the Transaction Documents and/or this Agreement. 7.1.2 Party C’s any breach to of any obligations under the Transaction Documents and/or this Agreement. 7.2 Upon notice acknowledgement or discovery of the occurrence of any circumstances or event that may lead to the aforementioned circumstances described in Section 7.1, Pledgor the Pledgors and Party C 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 in accordance with the Pledgee’s satisfaction requirements within twenty (20) days after the Pledgee and /or Party C delivers a notice to the Pledgor Pledgors and/or Party C requesting ratification rectification of such Event of Default, the Pledgee may issue a Notice of Default to Pledgor the Pledgors 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.

Appears in 3 contracts

Samples: Equity Interest Pledge Agreement (36Kr Holdings Inc.), Equity Pledge Agreement (36Kr Holdings Inc.), Equity Pledge Agreement (36Kr Holdings Inc.)

Event of Breach. 7.1 The following circumstances shall be deemed an Event of Default: 7.1.1 The Pledgor’s any breach to of any obligations under the Transaction Documents and/or this Agreement. 7.1.2 Party C’s any breach to of 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, the Pledgor and Party C 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 within twenty (20) days after the Pledgee and /or Party C delivers a notice to the Pledgor requesting ratification of such Event of Default, the Pledgee may issue a Notice of Default to the 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.

Appears in 3 contracts

Samples: Equity Interest Pledge Agreement (iDreamSky Technology LTD), Equity Interest Pledge Agreement (iDreamSky Technology LTD), Equity Interest Pledge Agreement (iDreamSky Technology LTD)

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 may, subject to the provisions of Section 8.1, 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 Article 8 of this Agreement.

Appears in 2 contracts

Samples: Equity Interest Pledge Agreement (Uxin LTD), Equity Interest Pledge Agreement (Uxin LTD)

Event of Breach. 7.1 The following circumstances shall be deemed an 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 CThe Company’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 events that may lead to the aforementioned circumstances described in Section 7.1, Pledgor and Party C the Company 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 the Company 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.

Appears in 2 contracts

Samples: Equity Interest Pledge Agreement (Secoo Holding LTD), Equity Interest Pledge Agreement (Secoo Holding LTD)

Event of Breach. 7.1 The following circumstances shall be deemed Event of Default: 7.1.1 Pledgor’s any breach to any obligations in any material aspect 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.

Appears in 2 contracts

Samples: Equity Interest Pledge Agreement (Cango Inc.), Equity Interest Pledge Agreement (Cango Inc.)

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 accordinglyrespectively. 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 and/or Party C requesting ratification of such Event of Default, Pledgee may may, subject to the provisions of Section 8.1, 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.

Appears in 2 contracts

Samples: Equity Interest Pledge Agreement (Uxin LTD), Equity Interest Pledge Agreement (Uxin LTD)

Event of Breach. 7.1 The following circumstances shall be deemed Event of Default:: Strictly Confidential 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.

Appears in 2 contracts

Samples: Equity Interest Pledge Agreement (Chukong Holdings LTD), Equity Interest Pledge Agreement (Chukong Holdings LTD)

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 accordinglyrespectively. 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 may, subject to the provisions of Section 8.1, 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 Article 8 of this Agreement.

Appears in 2 contracts

Samples: Equity Interest Pledge Agreement (Uxin LTD), Equity Interest Pledge Agreement (Uxin LTD)

Event of Breach. 7.1 The following circumstances shall be deemed an Event of Default: 7.1.1 The 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 Article 7.1, the Pledgor and Party C shall immediately notify the Pledgee in writing accordingly. 7.3 Unless an Event of Default set forth in this Section Article 7.1 has been successfully resolved to the Pledgee’s satisfaction within twenty (20) days after the Pledgee and /or Party C delivers a notice to the Pledgor and/or Party C requesting ratification of such Event of Default, the Pledgee may issue a Notice of Default to the Pledgor in writing at any time thereafter, demanding the Pledgor to immediately exercise the Pledge in accordance with the provisions of Section Article 8 of this Agreement.

Appears in 2 contracts

Samples: Equity Pledge Agreement (NIO Inc.), Equity Pledge Agreement (NIO Inc.)

Event of Breach. 7.1 The following circumstances shall be deemed an Event of Default: 7.1.1 Pledgor’s The Xxxxxxx’x 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, the Pledgor and Party C 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 within twenty (20) days after the Pledgee and /or and/or Party C delivers a notice to the Pledgor requesting ratification of such Event of Default, the Pledgee may issue a Notice of Default to the 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.

Appears in 2 contracts

Samples: Equity Interest Pledge Agreement (So-Young International Inc.), Equity Interest Pledge Agreement (So-Young International Inc.)

Event of Breach. 7.1 7.1. The following circumstances shall be deemed Event of Default: 7.1.1 7.1.1. Pledgor’s any breach to any failure or partial performance of its obligations under the Transaction Documents and/or this Agreement.Agreement or any breach of any Contract Obligations; 7.1.2 7.1.2. Party C’s any breach to any failure or partial performance of its obligations under the Transaction Documents and/or this AgreementAgreement or any breach of any Contract Obligations. 7.2 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 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 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.

Appears in 2 contracts

Samples: Equity Pledge Agreement (Zhangmen Education Inc.), Equity Pledge Agreement (Zhangmen Education Inc.)

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 and/or Party C requesting ratification rectification 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.. ​

Appears in 1 contract

Samples: Equity Interest Pledge Agreement (KE Holdings Inc.)

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.

Appears in 1 contract

Samples: Assignment and Assumption Agreement (Hexindai Inc.)

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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 ofthe occurrence of any circumstances or event that may lead to the aforementioned circumstances described in describedin Section 7.1, Pledgor and Party C shall immediately notify Pledgee in writing accordingly. 7.3 Unless an Unlessan Event of Default set forth setforth in this Section 7.1 has been successfully resolved to Pledgee’s satisfaction within twenty (20) days after daysafter the Pledgee and /or 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.

Appears in 1 contract

Samples: Equity Pledge Agreement (Venus Acquisition Corp)

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 '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.

Appears in 1 contract

Samples: Equity Interest Pledge Agreement (58.com Inc.)

Event of Breach. 7.1 The following circumstances shall be deemed an 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 and/or Party C 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.

Appears in 1 contract

Samples: Equity Interest Pledge Agreement (Hello Group Inc.)

Event of Breach. 7.1 The following circumstances shall be deemed Event of Default: 7.1.1 PledgorParty B’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 Party B 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 Party B requesting ratification of such Event of Default, Pledgee may issue a Notice of Default to Pledgor Party B 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.

Appears in 1 contract

Samples: Equity Interest Pledge Agreement (Momo Inc.)

Event of Breach. 7.1 The following circumstances shall be deemed an Event of Default: 7.1.1 (1) The Pledgor’s any breach to any obligations under the Transaction Documents and/or or this Agreement. 7.1.2 (2) Party C’s any breach to any obligations under the Transaction Documents and/or 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, the Pledgor and Party C 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 within twenty (20) days after the Pledgee and /or Party C delivers a notice to the Pledgor or Party C requesting ratification of such Event of Default, the Pledgee may issue a Notice of Default to the Pledgor in writing at any time thereafter, demanding the Pledgor to immediately exercise enforce the Pledge in accordance with the provisions of Section 8 of this Agreement8.

Appears in 1 contract

Samples: Equity Pledge Agreement (AiHuiShou International Co. Ltd.)

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, 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, Default Pledgee may issue a Notice of Default to Pledgor in writing at any time thereafter, thereafter demanding the Pledgor to immediately exercise the Pledge in accordance with the provisions of Section 8 of this Agreement.

Appears in 1 contract

Samples: Equity Interest Pledge Agreement (Bitauto Holdings LTD)

Event of Breach. 7.1 The following circumstances shall be deemed an Event of Default: 7.1.1 Pledgor’s The Pledgors’ 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 Pledgors and Party C 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 within twenty (20) days after the Pledgee and /or Party C delivers a notice to the Pledgor Pledgors requesting ratification of such Event of Default, the Pledgee may issue a Notice of Default to Pledgor Pledgors in writing at any time thereafter, demanding the Pledgor Pledgors to immediately exercise the Pledge in accordance with the provisions of Section 8 of this Agreement.

Appears in 1 contract

Samples: Equity Interest Pledge Agreement (Cheche Group Inc.)

Event of Breach. 7.1 The following circumstances shall be deemed as 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 CCompany’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, the Pledgor and Party C the Company 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 within twenty (20) days after the Pledgee and /or Party C delivers a notice to the Pledgor and/or the Company requesting ratification rectification of such Event of Default, the Pledgee may issue a Notice of Default to the 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.

Appears in 1 contract

Samples: Equity Interest Pledge Agreement (Aesthetic Medical International Holdings Group LTD)

Event of Breach. 7.1 The following circumstances shall be deemed Event of Default: 7.1.1 Pledgor’s Pledgors any breach to any obligations in any material aspect under the Transaction Documents and/or this Agreement. 7.1.2 Party C’s Cs 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 Pledgors 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 Pledgees satisfaction within twenty (20) days after the Pledgee and /or Party C delivers a notice to the Pledgor Pledgors requesting ratification of such Event of Default, Pledgee may issue a Notice of Default to Pledgor Pledgors in writing at any time thereafter, demanding the Pledgor Pledgors to immediately exercise the Pledge in accordance with the provisions of Section 8 of this Agreement.

Appears in 1 contract

Samples: Equity Interest Pledge Agreement (FLJ Group LTD)

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.. ​

Appears in 1 contract

Samples: Equity Interest Pledge Agreement (Yiren Digital Ltd.)

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.. 秘密文件 Strictly Confidential 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 Article 8 of this Agreement.

Appears in 1 contract

Samples: Equity Interest Pledge Agreement (58.com Inc.)

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.

Appears in 1 contract

Samples: Equity Interest Pledge Agreement (China Online Education Group)

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.

Appears in 1 contract

Samples: Equity Interest Pledge Agreement (China Online Education Group)

Event of Breach. 7.1 The following circumstances shall be deemed Event of Default: 7.1.1 Pledgor’s Pledgors any breach to any obligations in any material aspect 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 Pledgors 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 Pledgees satisfaction within twenty (20) days after the Pledgee and /or Party C delivers a notice to the Pledgor Pledgors requesting ratification of such Event of Default, Pledgee may issue a Notice of Default to Pledgor Pledgors in writing at any time thereafter, demanding the Pledgor Pledgors to immediately exercise the Pledge in accordance with the provisions of Section 8 of this Agreement.

Appears in 1 contract

Samples: Equity Interest Pledge Agreement (FLJ Group LTD)

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 and/or Party C requesting ratification rectification 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.

Appears in 1 contract

Samples: Equity Interest Pledge Agreement (ICZOOM Group Inc.)

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