Exercise of the Pledge Right. 9.1 The Pledgor shall not transfer or assign the Pledged Equity without the written approval from the Pledgee until all the obligations under the Main Agreements are fully performed.
9.2 In case an event of default listed in Article 8 does occur, the Pledgee shall give a notice of default to the Pledgor when exercising its right of pledge; the Pledgee may exercise the right of pledge at the same time when the notice of default is sent pursuant to Article 8.3 or at any time thereafter.
9.3 The Pledgee is entitled to sell in accordance with the legal procedures or otherwise dispose of the Pledged Equity hereunder. If the Pledgee decides to exercise its Pledge Rights, the Pledgor promises to transfer all of its shareholder’s right to the Pledgee. In addition, the Pledgee has the right to convert the value of all or part of equity interests hereunder into money in compliance with legal procedures, or has the priority to be compensated by the proceeds generated from auction or sale of such equity interests.
9.4 The Pledgor shall not hinder the Pledgee from exercising the Pledge Right in accordance with this Agreement and shall give necessary assistance so that the Pledgee can realize its Pledge Right.
Exercise of the Pledge Right. 8.1 Subject to the requirement in Article 6.1.1 hereof, the Pledgor shall not transfer the pledged Equity Interest before the obligations of the Secured Party under the Master Contract have not been fully performed and without the written consent of the Pledgee.
8.2 The Pledgee shall serve Notice of Default to the Pledgor when exercising its Pledge Right.
8.3 Subject to the requirement in Article 7.3 hereof, the Pledgee may exercise the right to dispose of the Pledge Right at the time when the Notice of Default is given pursuant to Article 7.3 or at any time after such notice is given.
8.4 The Pledgee shall have the right of priority to claim for any money converted from all or part of the Equity Interest hereunder, or any proceeds from the auction or sale of such Equity Interest according to statutory procedures until the outstanding debts and all other payables of the Secured Party under the Master Contract are repaid.
8.5 When the Pledgee disposes of the Pledge Right in accordance with this Contract, the Pledgor shall not pose any obstacles, and shall offer necessary assistance in this regard so that the Pledgee can realize its Pledge Right.
Exercise of the Pledge Right. 8.1 During the Pledge Period herein, without the Pledgee’s written consent, the Pledgor shall not transfer its obligations under the Master Agreements and this Agreement and the shares held by it in Jiayin Finance.
8.2 The Pledgee shall serve a Notice of Default to the Pledgor when exercising its Pledge Right.
8.3 Subject to the provisions in Article 7.3 hereof, the Pledgee may exercise the Pledge Right at the time when the Notice of Default is given pursuant to Article 7.3 or at any time after such notice is given. When the Pledgee decides to exercise the Pledge Right, the Pledgor shall no longer have any rights and interests with respect to the shares.
8.4 The Pledgee shall be entitled to priority in receiving payment in the form of all or part of the shares hereunder based on the conversion value thereof, or any proceeds from the auction or sale of such shares in accordance with statutory procedures until all Obligations under the Master Agreements are performed. The Pledgee shall not be liable for any loss arising from its reasonable exercise of rights.
8.5 The Pledgor shall not hinder the Pledgee from exercising the Pledge Right in accordance with this Agreement and shall offer necessary assistance in this regard so that the Pledgee can fully exercise its Pledge Right.
8.6 If the Pledgor is in default, to the extent as permitted by law and pursuant to relevant laws, the Pledgee shall have the right to dispose of the Pledged Shares in accordance with statutory procedures and the Pledgee has no obligation to give the Pledgor any proceeds from such disposal; the Pledgor hereby waives any right which it may have to claim from the Pledgee any proceeds of the disposal of the Pledged Shares. Meanwhile, if the Pledgee could not be fully paid with respect to the service fee under the Master Agreements after such disposal of the Pledged Shares, the Pledgor will not assume any further obligation.
8.7 During the Pledge Period, if the Pledgor subscribes for the newly increased registered capital of Party C or receives the shares of Party C transferred from other pledgors (the “New Shares”), such New Shares shall be automatically become the Pledged Shares hereunder, and the Pledgor shall complete relevant formalities as required for the pledge created over such New Shares within ten (10) business days after the receipt of such New Shares. If the Pledgor fails to complete relevant formalities in accordance with the preceding provision, the Pledgee shall have the rig...
Exercise of the Pledge Right. 8.1 Before the fees and obligations under Relevant Agreements are fully paid or performed and without Party A’s written consent, the Pledgor shall not transfer its Equity.
8.2 Party A shall issue the Notice of Default to the Pledgor according to Article 7.3 herein when exercising its Pledge Right.
8.3 Subject to Article 7.3 herein, Party A may exercise its Pledge Right at any time after issuing the Notice of Default according to Article 7.3.
8.4 Party A is entitled to have a priority to get compensation from the proceeds yield from converting all or part of the Equity into money, or from the auction or sales of all or part of Equity, till all the unpaid service fees and other payables under Relevant Agreements are paid off and till “Equity Disposition Agreement” and the “Business Operation Agreement” are completely performed.
8.5 Where Party A exercises its Pledge Right according to this Agreement, the Pledgor shall not pose any obstacles and shall provide necessary assistance Party A to help realizing the Pledge Right.
Exercise of the Pledge Right. 8.1 Without the written consent of the Pledgee, the Pledgor may not transfer the equities before the expenses and obligations under the Agreements are performed completely.
8.2 When exercising the pledge right, the Pledgee shall send a default notice to the Pledgor.
8.3 Subject to Clause 7.3, the Pledgee may exercise the right to dispose of the pledge right when or at any time after issuing a default notice in accordance with Clause 7.3.
8.4 The Pledgee has the priority to obtain compensation paid with the proceeds from discounting, auctioning or selling the equities hereunder in whole or in part in accordance with the legal procedures, until the Agreements are performed completely (including but not limited to the compensation for all the arrears and other payables under the Agreements)
8.5 When the Pledgee disposes of the pledge right in accordance with the Agreement, the Pledgor shall not set up any barrier, and shall give necessary assistance so that the Pledgee can exercise its pledge right.
Exercise of the Pledge Right. 8.1 The Pledgor shall not transfer or assign the Pledged Equity without written approval from the Pledgee until all the obligations under the Principal Agreements have been fully performed.
8.2 In case an event of default listed in Article 7 does occur, the Pledgee shall give a notice of default to the Pledgor when exercising its Pledge Right.
Exercise of the Pledge Right. 9.1 The Pledgee shall be entitled to exercise the right to dispose of the Pledged Equity according to laws.
9.2 The Pledgee shall have the right to dispose of all or part of the Pledged Equity hereunder according to statutory procedures (including without limitation, the conversion of any money from the Pledged Equity pursuant to this Agreement, or sale of the Pledged Equity through auction or realization of the Pledged Equity), and shall have the right of priority to claim for any proceeds from the disposal until all Secured Liabilities are repaid.
9.3 When the Pledgee disposes of the Pledge Equity in accordance with this Agreement, the Pledgor shall not impose any obstacles, and shall offer necessary assistance in this regard so that the Pledgee can realize its pledge right.
Exercise of the Pledge Right. 8.1 Before the complete performance of the fees and obligations under the Agreements, without the written consent of Party A, the Pledgor shall not transfer the equity.
8.2 Party A shall send a notice of default to the Pledgor in accordance with the provisions of Article 7.3 while exercising the pledge right.
8.3 Subject to the provisions of Article 7.3, Party A may exercise the pledge right at any time after sending the notice of default.
8.4 Party A shall be entitled to enjoy the priority of compensation with the cost of discount of all or part of the equity under this Agreement or the cost of auction and disposal of the equity based on the statutory procedures, until outstanding service charges under the Agreements and all other payables are completely compensated, and the Equity Disposal Agreement and the Business Management Agreement are all fulfilled.
8.5 Party A shall not pose obstacles while exercising the right of pledge under this Agreement, but shall give necessary assistance to enable Party A to achieve its pledge right.
Exercise of the Pledge Right. 8.1 The Pledgor shall not transfer the Pledged Equity without the written consent of the Pledgee before the obligations of the Pledgor and Shanghai Zhiyan Yunwei Technology Co., Ltd. under the Master Agreements have been fully performed.
8.2 The Pledgee shall give a Notice of Default to the Pledgor when exercising the Pledge Right.
8.3 Subject to the provisions of Article 7.3, the Pledgee may exercise the Pledge Right at the same time as the Notice of Default is given in accordance with Article 7.3 or at any time after the Notice of Default is given.
8.4 The Pledgee shall have the right to evaluate all or part of the Pledged Equity under this Agreement in terms of money in accordance with legal procedures, or to be reimbursed in priority with the proceeds from the auction or sale of the Pledged Equity, until all the amounts payable but not paid under the Master Agreements have been reimbursed.
8.5 When the Pledgee exercises the Pledge Right in accordance with this Agreement, the Pledgor shall not set up obstacles and shall provide necessary assistance to enable the Pledgee to realize its Pledge Right.
Exercise of the Pledge Right. 8.1 Before the fees and obligations under Relevant Agreements are fully paid or performed and without Party A’s written consent, the Pledgor shall not transfer its Equity.
8.2 Party A shall issue the Notice of Default to the Pledgor according to Article 7.3 herein when exercising its Pledge Right.
