Common use of Pledge Term Clause in Contracts

Pledge Term. 3.1 This Pledge becomes effective immediately after the equity interests pledged hereunder is recorded on the share register of the Domestic Company, and remains valid until the Pledgor and Domestic Company fully performed their obligations under this Agreement and the Main Agreements, or the Beneficiary realize all of its right of pledge provided under this Agreement (the “ Term ”).

Appears in 4 contracts

Samples: Equity Interest Pledge Agreement (JOYY Inc.), Equity Interest Pledge Agreement (JOYY Inc.), Equity Interest Pledge Agreement (JOYY Inc.)

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Pledge Term. 3.1 This Pledge becomes effective immediately after the equity interests pledged hereunder is recorded on the share register of the Domestic Company, and remains valid until the Pledgor and Domestic Company fully performed their obligations under this Agreement and the Main Agreements, or the Beneficiary realize all of its right of pledge provided under this Agreement (the “ Term “Term”).

Appears in 1 contract

Samples: Equity Interest Pledge Agreement (YY Inc.)

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