Common use of Fundamental Changes of Circumstances Clause in Contracts

Fundamental Changes of Circumstances. 11.1 As a supplementary agreement and without contravening other provisions of the Transaction Agreements and this Agreement, if, at any time, in the opinion of the Pledgee, as a result of any promulgation of or amendment to any PRC Laws, regulations or rules, or of any change in the interpretation or application of such laws, regulations or rules, or of any change in relevant registration procedures, the maintaining of the validity of this Agreement and/or the disposal of the Pledged Equity in the manner prescribed hereunder becomes illegal or contravenes such laws, regulations or rules, the Pledgors and the Company shall, on the Pledgee’s written instruction and in accordance with its reasonable request, immediately take any actions and/or execute any agreements or other documents so as to:

Appears in 7 contracts

Samples: Equity Interest Pledge Agreement (Tencent Music Entertainment Group), Equity Interest Pledge Agreement (Tencent Music Entertainment Group), Equity Interest Pledge Agreement (Tencent Music Entertainment Group)

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Fundamental Changes of Circumstances. 11.1 11.1. As a supplementary agreement and without contravening other provisions of the Transaction Agreements and this Agreement, if, at any time, in the opinion of the Pledgee, as a result of any promulgation of or amendment to any PRC Laws, regulations or rules, or of any change in the interpretation or application of such laws, regulations or rules, or of any change in relevant registration procedures, the maintaining of the validity of this Agreement and/or the disposal of the Pledged Equity in the manner prescribed hereunder becomes illegal or contravenes such laws, regulations or rules, the Pledgors and the Company shall, on the Pledgee’s written instruction and in accordance with its reasonable request, immediately take any actions and/or execute any agreements or other documents so as to:

Appears in 2 contracts

Samples: Equity Pledge Agreement, Equity Pledge Agreement (Alibaba Group Holding LTD)

Fundamental Changes of Circumstances. 11.1 As a supplementary agreement and without contravening other provisions of the Transaction Agreements and this Agreement, if, at any time, in the opinion of the Pledgee, as a result of any promulgation of or amendment to any PRC Laws, regulations or rules, or of any change in the interpretation or application of such laws, regulations or rules, or of any change in relevant registration procedures, the maintaining of the validity of this Agreement and/or the disposal of the Pledged Equity in the manner prescribed hereunder becomes illegal or contravenes such laws, regulations or rules, the Pledgors Pledgor and the Company shall, on the Pledgee’s written instruction and in accordance with its reasonable request, immediately take any actions and/or execute any agreements or other documents so as to:

Appears in 2 contracts

Samples: Equity Interest Pledge Agreement (Tencent Music Entertainment Group), Equity Interest Pledge Agreement (Tencent Music Entertainment Group)

Fundamental Changes of Circumstances. 11.1 As a supplementary agreement and without contravening other provisions of the Transaction Agreements and this Agreement, if, at any time, in the opinion of the Pledgee, as a result of any promulgation of or amendment to any PRC LawsLaw, regulations regulation or rulesrule, or of any change in the interpretation or application of such laws, regulations or rules, or of any change in relevant registration procedures, the maintaining of the validity of this Agreement and/or the disposal of the Pledged Equity in the manner prescribed hereunder becomes illegal or contravenes such laws, regulations or rules, the Pledgors and the Company shall, on the Pledgee’s written instruction and in accordance with its reasonable request, immediately take any actions action and/or execute any agreements agreement or other documents so as to:

Appears in 2 contracts

Samples: Equity Interest Pledge Agreement (ForU Worldwide Inc.), Equity Interest Pledge Agreement (ForU Worldwide Inc.)

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Fundamental Changes of Circumstances. 11.1 As a supplementary agreement and without contravening other provisions of the Transaction Agreements and this Agreement, if, at any time, in the opinion of the Pledgee, as a result of any promulgation of or amendment to any PRC LawsLaw, regulations regulation or rulesrule, or of any change in the interpretation or application of such laws, regulations or rules, or of any change in relevant registration procedures, the maintaining of the validity of this Agreement and/or the disposal of the Pledged Equity in the manner prescribed hereunder becomes illegal or contravenes such laws, regulations or rules, the Pledgors Pledgor and the Company shall, on the Pledgee’s written instruction and in accordance with its reasonable request, immediately take any actions action and/or execute any agreements agreement or other documents so as to:

Appears in 1 contract

Samples: Equity Pledge Agreement (QuantaSing Group LTD)

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