Common use of Exercise of the Pledge Clause in Contracts

Exercise of the Pledge. 8.1 The Pledgor shall not transfer or assign the Equity Interest without prior written approval from the Pledgee prior to the full performance of his/her obligations under the Principal Agreements. 8.2 The Pledgee shall give a notice of default to the Pledgor when the Pledgee exercises the Pledge. 8.3 Subject to Article 7.3, the Pledgee may exercise the Pledge when the Pledgee gives a notice of default in accordance with Article 7.3 or at anytime thereafter. 8.4 The Pledgee is entitled to priority in receiving payment in the form of all or part of the Equity Interest based on the conversion value thereof, or from the proceeds from the auction or sale of all or part of the Equity Interest in accordance with legal procedure, until the outstanding debt and all other payables of the Pledgor under Loan Agreement and any other Principal Agreement are repaid. 8.5 The Pledgor shall not hinder the Pledgee from exercising the Pledge in accordance with this Agreement and shall give necessary assistance so that the Pledgee can fully exercise its Pledge.

Exercise of the Pledge. 8.1 The Pledgor shall not transfer or assign the Equity Interest without prior written approval from the Pledgee prior to the full performance of his/her his obligations under the Principal AgreementsLoan Agreement and full payment of all Service Fees under the Services Agreement, whichever is later. 8.2 The Pledgee shall give a notice of default to the Pledgor when the Pledgee exercises the Pledge. 8.3 Subject to Article 7.3, the Pledgee may exercise the Pledge when the Pledgee gives a notice of default in accordance with Article 7.3 or at anytime thereafter. 8.4 The Pledgee is entitled to priority in receiving payment in the form of all or part of the Equity Interest based on the conversion value thereof, or from the proceeds from the auction or sale of all or part of the Equity Interest in accordance with legal procedure, until the outstanding debt and all other payables of the Pledgor under Loan Agreement and any other Principal Services Agreement are repaid. 8.5 The Pledgor shall not hinder the Pledgee from exercising the Pledge in accordance with this Agreement and shall give necessary assistance so that the Pledgee can could fully exercise its Pledge.

Exercise of the Pledge. 8.1 The Pledgor shall not transfer or assign the Equity Interest without prior written approval from the Pledgee prior to the full performance of his/her his obligations under the Principal AgreementsLoan Agreement. 8.2 The Pledgee shall give a notice of default to the Pledgor when the Pledgee exercises the Pledge. 8.3 Subject to Article 7.3, the Pledgee may exercise the Pledge when the Pledgee gives a notice of default in accordance with Article 7.3 or at anytime thereafter. 8.4 The Pledgee is entitled to priority in receiving payment in the form of all or part of the Equity Interest based on the conversion value thereof, or from the proceeds from the auction or sale of all or part of the Equity Interest in accordance with legal procedure, until the outstanding debt and all other payables of the Pledgor under Loan Agreement and any other Principal Agreement are repaid. 8.5 The Pledgor shall not hinder the Pledgee from exercising the Pledge in accordance with this Agreement and shall give necessary assistance so that the Pledgee can could fully exercise its Pledge.

Exercise of the Pledge. 8.1 The Pledgor shall not transfer or assign the Equity Interest without prior written approval from the Pledgee prior to the full repayment of the Fees under the Service Agreement or full performance of his/her obligations under the Principal AgreementsLoan Agreement, whichever is later. 8.2 The Pledgee shall give a notice of default to the Pledgor when the Pledgee exercises the Pledge. 8.3 Subject to Article 7.3, the Pledgee may exercise the Pledge when the Pledgee gives a notice of default in accordance with Article 7.3 or at anytime thereafter. 8.4 The Pledgee is entitled to priority in receiving payment in the form of all or part of the Equity Interest based on the conversion value thereof, or from the proceeds from the auction or sale of all or part of the Equity Interest in accordance with legal procedure, until the outstanding debt and all other payables of the Pledgor under Loan Agreement and any other Principal Service Agreement are repaid. 8.5 The Pledgor shall not hinder the Pledgee from exercising the Pledge in accordance with this Agreement and shall give necessary assistance so that the Pledgee can could fully exercise its Pledge.

Exercise of the Pledge. 8.1 The Pledgor shall not transfer or assign the Equity Interest without prior written approval from consent of the Pledgee prior to the full performance repayment of his/her obligations the Loan or the Fees under the Principal AgreementsService Agreement (whichever date last occurs). 8.2 The Pledgee shall give a notice Notice of default Default to the Pledgor when the Pledgee exercises the Pledgeright of pledge. 8.3 Subject to Article Section 7.3, the Pledgee may exercise the Pledge right of pledge at any time when the Pledgee gives a notice Notice of default Default in accordance with Article Section 7.3 or at anytime thereafter. 8.4 The Pledgee is entitled to a priority in receiving payment in by the form of all evaluation or part of the Equity Interest based on the conversion value thereof, or from the proceeds from the auction or sale of all whole or part of the Equity Interest pledged herein in accordance with legal procedureprocedure until the unpaid Fees under the Service Agreement, until the outstanding debt and all other payables of the Pledgor under Loan Agreement and any other Principal Agreement Arrangement are repaid. 8.5 The Pledgor shall not hinder the Pledgee from exercising the Pledge right of pledge in accordance with this Agreement and shall give necessary assistance so that the Pledgee can fully exercise its realize the Pledge.

Exercise of the Pledge. 8.1 The Pledgor shall not transfer or assign the Equity Interest without prior written approval from the Pledgee prior to the full performance of his/her obligations under the Principal AgreementsLoan Agreement. 8.2 The Pledgee shall give a notice of default to the Pledgor when the Pledgee exercises the Pledge. 8.3 Subject to Article 7.3, the Pledgee may exercise the Pledge when the Pledgee gives a notice of default in accordance with Article 7.3 or at anytime thereafter. 8.4 The Pledgee is entitled to priority in receiving payment in the form of all or part of the Equity Interest based on the conversion value thereof, or from the proceeds from the auction or sale of all or part of the Equity Interest in accordance with legal procedure, until the outstanding debt and all other payables of the Pledgor under Loan Agreement and any other Principal Agreement are repaid. 8.5 The Pledgor shall not hinder the Pledgee from exercising the Pledge in accordance with this Agreement and shall give necessary assistance so that the Pledgee can could fully exercise its Pledge.

Exercise of the Pledge. 8.1 The Pledgor shall not transfer or assign the Equity Interest without prior written approval from the Pledgee prior to the full performance of his/her his obligations under the Principal AgreementsLoan Agreement and the Services Agreement. 8.2 The Pledgee shall give a notice of default to the Pledgor when the Pledgee exercises the Pledge. 8.3 Subject to Article 7.3, the Pledgee may exercise the Pledge when the Pledgee gives a notice of default in accordance with Article 7.3 or at anytime thereafter. 8.4 The Pledgee is entitled to priority in receiving payment in the form of all or part of the Equity Interest based on the conversion value thereof, or from the proceeds from the auction or sale of all or part of the Equity Interest in accordance with legal procedure, until the outstanding debt and all other payables of the Pledgor under Loan Agreement and any other Principal Services Agreement are repaid. 8.5 The Pledgor shall not hinder the Pledgee from exercising the Pledge in accordance with this Agreement and shall give necessary assistance so that the Pledgee can could fully exercise its Pledge.

Exercise of the Pledge. 8.1 The Pledgor shall not transfer or assign the Equity Interest without prior written approval from consent of the Pledgee prior to the full performance repayment of his/her obligations the Loan or the Fees under the Principal AgreementsService Agreement (whichever is later). 8.2 The Pledgee shall give a notice Notice of default Default to the Pledgor when the Pledgee exercises the Pledgeright of pledge. 8.3 Subject to Article Section 7.3, the Pledgee may exercise the Pledge right of pledge at any time when the Pledgee gives a notice Notice of default Default in accordance with Article Section 7.3 or at anytime thereafter. 8.4 The Pledgee is entitled to a priority in receiving payment in by the form of all evaluation or part of the Equity Interest based on the conversion value thereof, or from the proceeds from the auction or sale of all whole or part of the Equity Interest pledged herein in accordance with legal procedureprocedure until the unpaid Fees under the Service Agreement, until the outstanding debt and all other payables of the Pledgor under Loan Agreement and any other Principal Agreement Arrangement are repaid. 8.5 The Pledgor shall not hinder the Pledgee from exercising the Pledge right of pledge in accordance with this Agreement and shall give necessary assistance so that the Pledgee can fully exercise its realize the Pledge.

Exercise of the Pledge. 8.1 The Pledgor shall not transfer or assign the Equity Interest without prior written approval from the Pledgee prior to the full performance of his/her obligations under the Principal AgreementsLoan Agreement. 8.2 The Pledgee shall give a notice of default to the Pledgor when the Pledgee exercises the Pledge. 8.3 Subject to Article 7.3, the Pledgee may exercise the Pledge when the Pledgee gives a notice of default in accordance with Article 7.3 or at anytime thereafter. 8.4 The Pledgee is entitled to priority in receiving payment in the form of all or part of the Equity Interest based on the conversion value thereof, or from the proceeds from the auction or sale of all or part of the Equity Interest in accordance with legal procedure, until the outstanding debt and all other payables of the Pledgor under Loan Agreement and any other Principal Agreement are repaid. 8.5 The Pledgor shall not hinder the Pledgee from exercising the Pledge in accordance with this Agreement and shall give necessary assistance so that the Pledgee can could fully exercise its Pledge.