Common use of Pledge Procedure and Registration Clause in Contracts

Pledge Procedure and Registration. Party A shall be responsible for, and Opco shall assist Party A in processing the registration procedures with Administration for Industry and Commerce concerning the pledged shares and shall ensure that all other approval(s) from or registration with relevant PRC authorities is granted or duly secured as soon as possible.

Appears in 3 contracts

Samples: Shares Pledge Agreement (Matches, Inc.), Shares Pledge Agreement (Birch Branch Inc), Shares Pledge Agreement (Granto, Inc.)

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Pledge Procedure and Registration. Party A shall be responsible for, and Opco shall assist Party A in processing the registration procedures with Administration for Industry and Commerce concerning the pledged shares share equity and shall ensure that all other approval(s) from or registration with relevant PRC authorities is granted or duly secured as soon as possible.

Appears in 2 contracts

Samples: Share Equity Pledge Agreement (Comjoyful International Co), Share Equity Pledge Agreement (BRS Group Inc)

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Pledge Procedure and Registration. Party A and Party B shall be responsible for, and Opco shall assist Party A and Party B in obtaining the approval from relevant commerce department and processing the registration procedures with local Administration for Industry and Commerce concerning the pledged shares and shall ensure that all other approval(s) from or registration with relevant PRC authorities is granted or duly secured as soon as possible. Party A and Party B shall process the pledge registration procedures with relevant Administration for Industry and Commerce within 7 business days as of the effective date of this agreement.

Appears in 1 contract

Samples: Shares Pledge Agreement (JINHAO MOTOR Co)

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