Common use of Nature of Pledge Clause in Contracts

Nature of Pledge. 5.1 The pledge hereunder shall not be affected by any other pledges or security interest on the Obligations held by the Pledgee, and shall not affect the validity of such other pledges and security interest.

Appears in 3 contracts

Samples: Equity Pledge Agreement (Arc LifeStyle Group Inc), Equity Pledge Agreement (Newegg Inc), Equity Pledge Agreement (Newegg Inc)

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Nature of Pledge. 5.1 8.1 The pledge hereunder Pledge shall not be affected by any other pledges or security interest on the Obligations held by the Pledgee, and shall not affect the validity of such other pledges and security interest.

Appears in 2 contracts

Samples: Equity Pledge Agreement (Network Cn Inc), Equity Pledge Agreement (Network Cn Inc)

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Nature of Pledge. 5.1 The pledge hereunder shall not be affected by any other pledges or security interest on the Obligations held by the Pledgee, and shall not affect the validity of such other pledges and security interest, other than as specifically contemplated under this Agreement.

Appears in 1 contract

Samples: Equity Pledge Agreement (Newegg Inc)

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