Common use of Event of defaults; Remedies Clause in Contracts

Event of defaults; Remedies. Upon the occurrence of an event of default, Pledgee may, without notice to or demand on the Pledgors and in addition to all rights and remedies available to Pledgee, at law, in equity or otherwise, do any of the following: (a) Require the Pledgors to immediately pay all outstanding unpaid amounts due under the Consulting Services Agreement; (b) Foreclose or otherwise enforce Pledgee’s security interest in any manner permitted by law or provided for in this Agreement; (c) Terminate this Agreement pursuant to Section 11; (d) Exercise any and all rights as beneficial and legal owner of the Pledged Collateral, including, without limitation, perfecting assignment of and exercising any and all voting, consensual and other rights and powers with respect to any Pledged Collateral; and (e) Exercise any and all the rights and remedies of a secured party upon default under applicable law.

Appears in 7 contracts

Samples: Equity Pledge Agreement (International Packaging & Logistics Group Inc.), Share Exchange Agreement (China Forestry Inc), Equity Pledge Agreement (Rodobo International Inc)

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Event of defaults; Remedies. Upon the occurrence of an event of default, Pledgee may, without notice to or demand on the Pledgors and in addition to all rights and remedies available to Pledgee, at law, law or in equity or otherwiseequity, do any of the following: (a) Require require the Pledgors to immediately pay all outstanding unpaid amounts due under the Consulting Services Service Agreement; (b) Foreclose foreclose or otherwise enforce Pledgee’s security interest in any manner permitted by law or provided for in this Agreement; (c) Terminate terminate this Agreement pursuant to Section 11; (d) Exercise exercise any and all rights as beneficial and legal owner of the Pledged Collateral, including, without limitation, perfecting assignment of and exercising any and all voting, consensual and other rights and powers with respect to any Pledged Collateral; and (e) Exercise exercise any and all the rights and remedies of a secured party upon default under applicable law.

Appears in 1 contract

Samples: Equity Pledge Agreement (Sino Assurance Inc.)

Event of defaults; Remedies. Upon the occurrence of an event of default, Pledgee may, without notice to or demand on the Pledgors and in addition to all rights and remedies available to Pledgee, at law, in equity or otherwise, do any of the following: (a) Require the Pledgors to immediately pay all outstanding unpaid amounts due under the Consulting Services Agreement; (b) Foreclose or otherwise enforce Pledgee’s 's security interest in any manner permitted by law or provided for in this Agreement; (c) Terminate this Agreement pursuant to Section 11; (d) Exercise any and all rights as beneficial and legal owner of the Pledged Collateral, including, without limitation, perfecting assignment of and exercising any and all voting, consensual and other rights and powers with respect to any Pledged Collateral; and (e) Exercise any and all the rights and remedies of a secured party upon default under applicable law.

Appears in 1 contract

Samples: Equity Pledge Agreement (China 3C Group)

Event of defaults; Remedies. Upon the occurrence of an event of default, Pledgee may, without notice to or demand on the Pledgors Pledgor and in addition to all rights and remedies available to Pledgee, at law, in equity law or otherwise, do any of the following: (a) Require the Pledgors Pledgor to immediately pay all outstanding unpaid amounts due under the Consulting Services Agreement; (b) Foreclose or otherwise enforce Pledgee’s 's security interest in any manner permitted by law or provided for in this Agreement; (c) Terminate this Agreement pursuant to Section 11; (d) Exercise any and all rights as beneficial and legal owner of the Pledged Collateral, including, without limitation, perfecting assignment of and exercising any and all voting, consensual and other rights and powers with respect to any Pledged Collateral; and (e) Exercise any and all the rights and remedies of a secured party upon default under applicable law.

Appears in 1 contract

Samples: Equity Pledge Agreement (China Polypeptide Group, Inc.)

Event of defaults; Remedies. Upon the occurrence of an event of default, Pledgee may, without notice to or demand on the Pledgors and in addition to all rights and remedies available to Pledgee, at law, in equity or otherwise, do any of the following: : (a) Require the Pledgors to immediately pay all outstanding unpaid amounts due under the Consulting Services Agreement; ; (b) Foreclose or otherwise enforce Pledgee’s security interest in any manner permitted by law or provided for in this Agreement; ; (c) Terminate this Agreement pursuant to Section 11; ; (d) Exercise any and all rights as beneficial and legal owner of the Pledged Collateral, including, without limitation, perfecting assignment of and exercising any and all voting, consensual and other rights and powers with respect to any Pledged Collateral; and and (e) Exercise any and all the rights and remedies of a secured party upon default under applicable law.

Appears in 1 contract

Samples: Equity Pledge Agreement (China Properties Developments Inc)

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Event of defaults; Remedies. Upon the occurrence of an event of default, Pledgee may, without notice to or demand on the Pledgors and in addition to all rights and remedies available to Pledgee, at law, in equity or otherwise, do any of the following: (a) Require the Pledgors to immediately pay all outstanding unpaid amounts due under the Consulting Services Service Agreement; (b) Foreclose or otherwise enforce Pledgee’s security interest in any manner permitted by law or provided for in this Agreement; (c) Terminate this Agreement pursuant to Section 11; (d) Exercise any and all rights as beneficial and legal owner of the Pledged Collateral, including, without limitation, perfecting assignment of and exercising any and all voting, consensual and other rights and powers with respect to any Pledged Collateral; and (e) Exercise any and all the rights and remedies of a secured party upon default under applicable law.

Appears in 1 contract

Samples: Equity Pledge Agreement (CHINA SHOUGUAN MINING Corp)

Event of defaults; Remedies. Upon the occurrence of an event of default, Pledgee may, without notice to or demand on the Pledgors and in addition to all rights and remedies available to Pledgee, at law, in equity or otherwise, do any of the following: (a) Require the Pledgors to immediately pay all outstanding unpaid amounts due under the Consulting Services Agreement; (b) Foreclose or otherwise enforce Pledgee’s security interest in any manner permitted by law or provided for in this Agreement; (c) Terminate this Agreement pursuant to Section 11;. (d) Exercise any and all rights as beneficial and legal owner of the Pledged Collateral, including, without limitation, perfecting assignment of and exercising any and all voting, consensual and other rights and powers with respect to any Pledged Collateral; and (e) Exercise any and all All the rights and remedies of a secured party upon default under applicable law.

Appears in 1 contract

Samples: Equity Pledge Agreement (Argenta Systems Inc)

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