Common use of Obligations of the Borrowers Clause in Contracts

Obligations of the Borrowers. 4.1 The Borrowers will repay the Loan according to the provisions of this Agreement and requirements from the Lender. 4.2 The Borrowers will enter into an Equity Pledge Agreement (the “Equity Pledge Agreement”) with the Lender and the Borrower Company, whereby the Borrowers agree to pledge all of their equity interests in the Borrower Company to the Lender. 4.3 The Borrowers will enter into an Exclusive Purchase Option Agreement (the “Exclusive Purchase Option Agreement”) with the Lender and the Borrower Company, whereby the Borrowers will to the extent permitted by the PRC laws grant an irrevocable and exclusive purchase option for the Lender to purchase all or any part of the equity interest in the Borrower Company from the Borrowers. 4.4 The Borrowers will perform their obligations under this Agreement, the Equity Pledge Agreement and the Exclusive Purchase Option Agreement, and provide support for the Lender to complete all filings, approvals, authorizations, registration and other government procedures necessary to perform such agreements. 4.5 The Borrowers will sign an irrevocable power of attorney authorizing a person designated by the Lender to exercise on its behalf all of its rights as the shareholder of the Borrower Company.

Appears in 10 contracts

Samples: Loan Agreement (JD.com, Inc.), Loan Agreement (JD.com, Inc.), Loan Agreement (JD.com, Inc.)

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Obligations of the Borrowers. 4.1 The Borrowers will repay the Loan according to the provisions of this Agreement and requirements from the Lender. 4.2 The Borrowers will enter into an Amended and Restated Equity Pledge Agreement (the “Equity Pledge Agreement”) with the Lender and the Borrower Company, whereby the Borrowers agree to pledge all of their its equity interests in the Borrower Company to the Lender. 4.3 The Borrowers will enter into an Amended and Restated Exclusive Purchase Option Agreement (the “Exclusive Purchase Option Agreement”) with the Lender and the Borrower Company, whereby the Borrowers will to the extent permitted by the PRC laws grant an irrevocable and exclusive purchase option for the Lender to purchase all or any part of the equity interest in the Borrower Company from the Borrowers. 4.4 The Borrowers will perform their its obligations under this Agreement, the Equity Pledge Agreement and the Exclusive Purchase Option Agreement, and provide support for the Lender to complete all filings, approvals, authorizations, registration and other government procedures necessary to perform such agreements. 4.5 The Borrowers will sign an irrevocable power of attorney authorizing a person designated by the Lender to exercise on its their behalf all of its their rights as the shareholder shareholders of the Borrower Company.

Appears in 4 contracts

Samples: Loan Agreement (JD.com, Inc.), Loan Agreement (JD.com, Inc.), Loan Agreement (JD.com, Inc.)

Obligations of the Borrowers. 4.1 The Borrowers will repay the Loan according to the provisions of this Agreement and requirements from the Lender. 4.2 The Borrowers will enter into an Amended and Restated Equity Pledge Agreement (the “Equity Pledge Agreement”) with the Lender and the Borrower Company, whereby the Borrowers agree to pledge all of their equity interests in the Borrower Company to the Lender. 4.3 The Borrowers will enter into an Amended and Restated Exclusive Purchase Option Agreement (the “Exclusive Purchase Option Agreement”) with the Lender and the Borrower Company, whereby the Borrowers will to the extent permitted by the PRC laws grant an irrevocable and exclusive purchase option for the Lender to purchase all or any part of the equity interest in the Borrower Company from the Borrowers. 4.4 The Borrowers will perform their obligations under this Agreement, the Equity Pledge Agreement and the Exclusive Purchase Option Agreement, and provide support for the Lender to complete all filings, approvals, authorizations, registration and other government procedures necessary to perform such agreements. 4.5 The Borrowers will sign an irrevocable power of attorney authorizing a person designated by the Lender to exercise on its behalf all of its rights as the shareholder of the Borrower Company.

Appears in 2 contracts

Samples: Loan Agreement (JD.com, Inc.), Loan Agreement (JD.com, Inc.)

Obligations of the Borrowers. 4.1 The Borrowers will shall repay the Loan according to the provisions of this Agreement and requirements from the Lender. 4.2 The Borrowers will shall enter into an Equity Interest Pledge Agreement (the “Equity Interest Pledge Agreement”) with the Lender and the Borrower Company, whereby the Borrowers agree to pledge all of their equity interests in the Borrower Company to the Lender. 4.3 The Borrowers will shall enter into an Exclusive Purchase Option Agreement (the “Exclusive Purchase Option Agreement”) with the Lender and the Borrower Company, whereby the Borrowers will shall, to the extent permitted by the PRC laws laws, grant an irrevocable and exclusive purchase option for the Lender to purchase all or any part of the equity interest in the Borrower Company from the Borrowers. 4.4 The Borrowers will shall perform their obligations under this Agreement, the Equity Interest Pledge Agreement and the Exclusive Purchase Option Agreement, and provide support for the Lender to complete all filings, approvals, authorizations, registration and other government procedures necessary to perform such agreements. 4.5 The Borrowers will shall sign an Shareholder Voting Rights Entrustment Agreement (the “Shareholder Voting Rights Entrustment Agreement”) and an irrevocable power of attorney authorizing a person designated by the Lender to exercise on its behalf all of its his or her rights as the shareholder of the Borrower Company.

Appears in 2 contracts

Samples: Loan Agreement (JD.com, Inc.), Loan Agreement (JD.com, Inc.)

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Obligations of the Borrowers. 4.1 The Borrowers will repay the Loan according to the provisions of this Agreement and requirements from the Lender. 4.2 The Borrowers will enter into an Equity Pledge Agreement (the “Equity Pledge Agreement”) with the Lender and the Borrower Company, whereby the Borrowers agree to pledge all of their its equity interests in the Borrower Company to the Lender. 4.3 The Borrowers will enter into an Exclusive Purchase Option Agreement (the “Exclusive Purchase Option Agreement”) with the Lender and the Borrower Company, whereby the Borrowers will to the extent permitted by the PRC laws grant an irrevocable and exclusive purchase option for the Lender to purchase all or any part of the equity interest in the Borrower Company from the Borrowers. 4.4 The Borrowers will perform their its obligations under this Agreement, the Equity Pledge Agreement and the Exclusive Purchase Option Agreement, and provide support for the Lender to complete all filings, approvals, authorizations, registration and other government procedures necessary to perform such agreements. 4.5 The Borrowers will sign an irrevocable power of attorney authorizing a person designated by the Lender to exercise on its their behalf all of its their rights as the shareholder shareholders of the Borrower Company.

Appears in 1 contract

Samples: Loan Agreement (JD.com, Inc.)

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