Common use of PLEDGE RIGHTS Clause in Contracts

PLEDGE RIGHTS. 2.1 Pledgors hereby pledge to Pledgee all of their Share Equity in Fuhua to secure the Secured Indebtedness of Fuhua. Pledge Rights shall mean Pledgee's priority right in receiving compensation from the sale or auction proceeds of the Pledged Property (including the dividends generated by the Share Equity during the term of this Agreement).

Appears in 4 contracts

Samples: Share Pledge Agreement (China Finance Online Co. LTD), Share Pledge Agreement (China Finance Online Co. LTD), Share Pledge Agreement (China Finance Online Co. LTD)

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