Common use of Pledge Right Clause in Contracts

Pledge Right. 2.1 As the security for timely and full payment of any or all the amounts payable to the Pledgee by Party C under the Business Cooperation Agreement, including but not limited to the consultation service fees under the Business Cooperation Agreement, the Pledgors hereby pledge all their current or future-acquired equity interests in Party C to the Pledgee, regardless of whether the due payment of such fees is as a result of the arrival of the due date of payment, request of earlier payment or other reasons. 2.2 Once Party B makes additional capital contribution to Party C or further acquires any Equity Interest in Party C, which results Party B’s Equity Interest percentage exceeding its current percentage, Party B shall pledge all such exceeding part to the Pledgee, and shall assist and cooperate to execute relevant agreements and to deal with the Equity Interest pledge registration and record.

Appears in 4 contracts

Samples: Equity Pledge Agreement (iKang Healthcare Group, Inc.), Equity Pledge Agreement (iKang Healthcare Group, Inc.), Equity Pledge Agreement (iKang Guobin Healthcare Group, Inc.)

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Pledge Right. 2.1 As the security for timely and full payment of any or all the amounts payable to the Pledgee by Party C under the Business Cooperation Agreement, including but not limited to the consultation service fees under the Exclusive Business Cooperation Agreement, the Pledgors hereby pledge all their current or future-acquired equity interests in Party C to the Pledgee, regardless of whether the due payment of such fees is as a result of the arrival of the due date of payment, request of earlier payment or other reasons. 2.2 Once Party B makes additional capital contribution to Party C or further acquires any Equity Interest in Party C, which results Party B’s Equity Interest percentage exceeding its current percentage, Party B shall pledge all such exceeding part to the Pledgee, and shall assist and cooperate to execute relevant agreements and to deal with the Equity Interest pledge registration and record.

Appears in 3 contracts

Samples: Equity Pledge Agreement, Equity Pledge Agreement (iKang Healthcare Group, Inc.), Equity Pledge Agreement (iKang Guobin Healthcare Group, Inc.)

Pledge Right. 2.1 As the security for timely and full payment of any or all the amounts payable to the Pledgee by Party C under the Business Cooperation Agreement, including but not limited to the consultation service fees under the Business Cooperation Agreement, the Pledgors Pledgor hereby pledge pledges all their her current or future-acquired equity interests in Party C to the Pledgee, regardless of whether the due payment of such fees is as a result of the arrival of the due date of payment, request of earlier payment or other reasons. 2.2 Once Party B makes additional capital contribution to Party C or further acquires any Equity Interest in Party C, which results Party B’s Equity Interest percentage exceeding its current percentage, Party B shall pledge all such exceeding part to the Pledgee, and shall assist and cooperate to execute relevant agreements and to deal with the Equity Interest pledge registration and record.

Appears in 2 contracts

Samples: Equity Pledge Agreement, Equity Pledge Agreement (iKang Healthcare Group, Inc.)

Pledge Right. 2.1 As the security for timely and full payment of any or all the amounts payable to the Pledgee by Party C under the Business Cooperation Agreement, including but not limited to the consultation service fees under the Business Cooperation Agreement, the Pledgors hereby pledge all their current or future-acquired equity interests in Party C to the Pledgee, regardless of whether the due payment of such fees is as a result of the arrival of the due date of payment, request of earlier payment or other reasons. 2.2 . Once Party B makes additional capital contribution to Party C or further acquires any Equity Interest in Party C, which results Party B’s Equity Interest percentage exceeding its current percentage, Party B shall pledge all such exceeding part to the Pledgee, and shall assist and cooperate to execute relevant agreements and to deal with the Equity Interest pledge registration and record.

Appears in 2 contracts

Samples: Equity Pledge Agreement (iKang Healthcare Group, Inc.), Equity Pledge Agreement (iKang Guobin Healthcare Group, Inc.)

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Pledge Right. 2.1 As the security for timely and full payment of any or all the amounts payable to the Pledgee by Party C under the Business Cooperation Agreement, including but not limited to the consultation service fees under the Business Cooperation Agreement, the Pledgors Pledgor hereby pledge pledges all their his current or future-acquired equity interests in Party C to the Pledgee, regardless of whether the due payment of such fees is as a result of the arrival of the due date of payment, request of earlier payment or other reasons. 2.2 Once Party B makes additional capital contribution to Party C or further acquires any Equity Interest in Party C, which results Party B’s Equity Interest percentage exceeding its current percentage, Party B shall pledge all such exceeding part to the Pledgee, and shall assist and cooperate to execute relevant agreements and to deal with the Equity Interest pledge registration and record.

Appears in 1 contract

Samples: Equity Pledge Agreement (iKang Healthcare Group, Inc.)

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