Common use of Pledgor’s Representations and Warranties Clause in Contracts

Pledgor’s Representations and Warranties. 5.1 The Pledgor is the sole legal owner of the Pledged Equity. 5.2 There should be no intervention from any other party at any time when the Pledgee exercises its rights as pledgee pursuant to this Agreement. 5.3 The Pledgee shall have the right to exercise or transfer the Pledge Right in any manners provided herein. 5.4 The Pledgor does not set up any other pledge or other encumbrances on the equity interest except those set up for the benefit of the Pledgee. 5.5 The pledgee shall ensure that Ctrip Commerce’s shareholders’ meeting has adopted a resolution to approve the pledge under this Agreement. 5.6 This Agreement, once effective, constitutes a lawful, effective and binding obligation for the Pledgor. 5.7 The pledge created by the Pledgor on the Pledged Equity pursuant to this Agreement will not violate the relevant stipulations of the laws, regulations of the State and government policies, nor will it violate any contracts or agreements entered into by and between the Pledgor and any third party, or any commitments made by the Pledgor to any third party. 5.8 All documents and materials in relation to this Agreement provided by the Pledgor to the Pledgee are true, accurate and complete.

Pledgor’s Representations and Warranties. 5.1 The Pledgor is the sole legal owner of the Pledged Equity. 5.2 There should be no intervention from any other party at any time when the Pledgee exercises its rights as pledgee pursuant to this Agreement. 5.3 The Pledgee shall have the right to exercise or transfer the Pledge Right in any manners provided herein. 5.4 The Pledgor does not set up any other pledge or other encumbrances on the equity interest except those set up for the benefit of the Pledgee. 5.5 The pledgee shall ensure that Ctrip Commerce’s shareholders’ meeting has adopted a resolution to approve the pledge under this Agreement. 5.6 This Agreement, once effective, constitutes a lawful, effective and binding obligation for the Pledgor. 5.7 The pledge created by the Pledgor on the Pledged Equity pursuant to this Agreement will not violate the relevant stipulations of the laws, regulations of the State and government policies, nor will it violate any contracts or agreements entered into by and between the Pledgor and any third party, or any commitments made by the Pledgor to any third party. 5.8 All documents and materials in relation to this Agreement provided by the Pledgor to the Pledgee are true, accurate and complete.