Common use of Promises of the Company Clause in Contracts

Promises of the Company. The Company promises the following to the Pledgee: 9.1 If signing and performing this Agreement and its pledge require any third party’s agreement, permission, authorization or abstinence, or any government agency’s approval, permission or waiver, or any registration or administration proceeding with any government agencies, the Company will try its best to satisfy and maintain such requirements during the term of this Agreement. 9.2 Without the prior consent of the Pledgee, the Company will not assist or permit the Pledgor to create any new pledge or any other security interests on the Pledged Equity. 9.3 Without the prior written consent of the Pledgee, the Company will not assist or permit the Pledgor to transfer the Pledged Equity. 9.4 Whenever any litigation, arbitration or claim arises, and will adversely affect the Company, the Pledged Equity, or the interests of the Pledgee under this Agreement, the Company will immediately and promptly notify the Pledgee in writing, and will take all necessary actions to secure the Pledgee’s right on the pledge upon the reasonable request of the Pledgee. 9.5 The Company will, during the first calendar month of every calendar quarter, provide the financial report of the immediately preceding calendar quarter, including but not limited to balance sheet, income statement and cash flow statement. 9.6 Upon the reasonable request of the Pledgee, the Company shall take all necessary actions and sign all necessary documents (including but not limited to supplements to this Agreement) in order to ensure the exercise and realization of the Pledgee’s rights on the Pledged Equity. 9.7 If executing the pledge right gives rise to any transfer of the pledge right, the Company shall take all necessary actions to complete such transfer.

Appears in 2 contracts

Samples: Equity Interest Pledge Agreement (Changyou.com LTD), Equity Interest Pledge Agreement (Sohu Com Inc)

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Promises of the Company. The Company promises the following followings to the PledgeePledgee for its benefit: 9.1 If signing and performing this Agreement and its pledge require any third party’s agreement, permission, abstention, or authorization or abstinence, or any government agency’s approval, permission or waiverremission, or any registration or administration proceeding with any government agencies, the Company will try its best to satisfy and maintain such requirements during the term of this Agreement. 9.2 Without the prior consent of the Pledgee, the Company will not assist or permit the Pledgor to create any new pledge or any other security interests on the Pledged Equity. 9.3 Without the prior written consent of the Pledgee, the Company will not assist or permit the Pledgor to transfer the Pledged Equity. 9.4 Whenever any litigation, arbitration or claim arises, and will adversely affect the Company, the Pledged Equity, or the interests of the Pledgee under the transaction agreement and this Agreement, the Company will immediately and promptly notify the Pledgee in writing, and will take all necessary actions to secure the Pledgee’s right on the pledge upon the reasonable request of the Pledgee. 9.5 The Company will, during the first calendar month of every calendar quarter, provide the financial report of the immediately preceding calendar quarter, including but not limited to balance sheet, income statement and cash flow statement. 9.6 Upon the reasonable request of the Pledgee, the Company shall take all necessary actions and sign all necessary documents (including but not limited to supplements the supplementary agreement to this Agreement) in order to ensure the exercise and realization of the Pledgee’s rights on the Pledged Equity. 9.7 If executing the pledge right gives rise to any transfer of the pledge right, the Company shall take all necessary actions to complete such transfer.

Appears in 1 contract

Samples: Equity Interest Pledge Agreement (Sohu Com Inc)

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Promises of the Company. The Company promises the following followings to the PledgeePledgee for its benefit: 9.1 If signing and performing this Agreement and its pledge require any third party’s agreement, permission, abstention,or authorization or abstinence, or any government agency’s approval, permission or waiverremission, or any registration or administration proceeding with any government agencies, the Company will try its best to satisfy and maintain such requirements during the term of this Agreement. 9.2 Without the prior consent of the Pledgee, the Company will not assist or permit the Pledgor to create any new pledge or any other security interests on the Pledged Equity. 9.3 Without the prior written consent of the Pledgee, the Company will not assist or permit the Pledgor to transfer the Pledged Equity. 9.4 Whenever any litigation, arbitration or claim arises, and will adversely affect the Company, the Pledged Equity, or the interests of the Pledgee under the transaction agreement and this Agreement, the Company will immediately and promptly notify the Pledgee in writing, and will take all necessary actions to secure the Pledgee’s right on the pledge upon the reasonable request of the Pledgee. 9.5 The Company will, during the first calendar month of every calendar quarter, provide the financial report of the immediately preceding calendar quarter, including but not limited to balance sheet, income statement and cash flow statement. 9.6 Upon the reasonable request of the Pledgee, the Company shall take all necessary actions and sign all necessary documents (including but not limited to supplements the supplementary agreement to this Agreement) in order to ensure the exercise and realization of the Pledgee’s rights on the Pledged Equity. 9.7 If executing the pledge right gives rise to any transfer of the pledge right, the Company shall take all necessary actions to complete such transfer.

Appears in 1 contract

Samples: Equity Interest Pledge Agreement (Changyou.com LTD)

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