Common use of Pledge Right and Scope of Guaranty Clause in Contracts

Pledge Right and Scope of Guaranty. 2.1 The Pledgor agrees to pledge all the Pledged Equity Interests to the Pledgee as the guaranty for his and/or Thai Company’s performance of all the obligations under the Master Agreement and all the liabilities of indemnification to the Pledgee which may arise due to the invalidity or cancellation of the Master Agreement. Thai Company agrees with such equity pledge arrangement.

Appears in 3 contracts

Samples: Equity Pledge Agreement (IWEB, Inc.), Equity Pledge Agreement (IWEB, Inc.), Equity Pledge Agreement (IWEB, Inc.)

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Pledge Right and Scope of Guaranty. 2.1 The Pledgor agrees to pledge all the Pledged Equity Interests to the Pledgee as the guaranty for his her and/or Thai Company’s performance of all the obligations under the Master Agreement and all the liabilities of indemnification to the Pledgee which may arise due to the invalidity or cancellation of the Master Agreement. Thai Company agrees with such equity pledge arrangement.

Appears in 2 contracts

Samples: Equity Pledge Agreement (IWEB, Inc.), Equity Pledge Agreement (IWEB, Inc.)

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Pledge Right and Scope of Guaranty. 2.1 The Pledgor agrees to pledge all the Pledged Equity Interests to the Pledgee as the guaranty for his its and/or Thai Company’s performance of all the obligations under the Master Agreement and all the liabilities of indemnification to the Pledgee which may arise due to the invalidity or cancellation of the Master Agreement. Thai Company agrees with such equity pledge arrangement.

Appears in 1 contract

Samples: Equity Pledge Agreement (IWEB, Inc.)

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