Pledge and Guaranteed Scope. 1.1 The Pledgor agree to pledge their equity interest in Domestic Company to the Pledgee as a security Pledgor and Domestic Company’s performance of obligation under the Main Agreement. Pledge hereunder refers to the rights owned by the Pledgee, who shall be entitled to a priority in receiving payment by the evaluation or proceeds from the auction or sale of the equity interest pledged by the Pledgor to the Pledgee.
Appears in 18 contracts
Samples: Equity Interest Pledge Agreement (Toda International Holdings Inc.), Equity Interest Pledge Agreement (Toda International Holdings Inc.), Equity Interest Pledge Agreement (Toda International Holdings Inc.)
Pledge and Guaranteed Scope. 1.1 The Pledgor Pledgors agree to pledge their equity interest in Domestic Company to the Pledgee as a security Pledgor Pledgors and Domestic Company’s performance of obligation under the Main Agreement. Pledge hereunder refers to the rights owned by the Pledgee, who shall be entitled to a priority in receiving payment by the evaluation or proceeds from the auction or sale of the equity interest pledged by the Pledgor Pledgors to the Pledgee.
Appears in 1 contract
Samples: Equity Interest Pledge Agreement (Ionix Technology, Inc.)
