Common use of Registration of Pledge Clause in Contracts

Registration of Pledge. 3.1 Upon the execution of this Agreement, the Pledgor shall cause the Company to record the Right of Pledge in the register of shareholders and deliver it with the common seal of the Company as well as the original of equity contribution certificate of the Pledgor to the Pledgee for keeping. Within the term of this Agreement, Party B shall return the register of shareholders and equity contribution certificate to the Company for modification registration with AICB, and the Company shall complete the modification registration within 10 business days upon receipt of the register of shareholders and equity contribution certificate, and Party A together with the Company shall continue to deliver such modified register of shareholders and equity contribution certificate to Party B within 2 business days following the completion of the aforesaid registration. 3.2 The Parties agree that if AICB accept the registration with respect to the equity pledge, he will promptly cause the Pledged Equity under this Agreement to be recorded at AICB, and the Parties confirm that whether the Pledged Equity is recorded as above or not shall not affect the validity of this Agreement unless compulsorily required by PRC Laws. Equity Pledge Agreement 3.3 After the signing of this Agreement, the Pledgor shall in accordance with the Pledgee’s written request which may be made by the Pledgee from time to time, together with the Pledgee, notarized this agreement as well as the register of shareholders with the recorded Pledged Equity in a notary public office as designated by the Pledgee, and Party A and the Company shall give assistant with respect to the notarization following the delivery of the notice with the request of notarization by Party B.

Appears in 2 contracts

Samples: Equity Pledge Agreement (NeoStem, Inc.), Equity Pledge Agreement (NeoStem, Inc.)

AutoNDA by SimpleDocs

Registration of Pledge. 3.1 Upon the execution of this Agreement, the Pledgor Pledgors shall cause the Company to record the Right of Pledge in the register of shareholders and deliver it with the common seal of the Company as well as the original of equity contribution certificate of the Pledgor Pledgors to the Pledgee for keeping. Within the term of this Agreement, Party B shall return the register of shareholders and equity contribution certificate to the Company for modification registration with AICBABIC, and the Company shall complete the modification registration within 10 business days upon receipt of the register of shareholders and equity contribution certificate, and Party A together with the Company shall continue to deliver such modified register of shareholders and equity contribution certificate to Party B within 2 business days following the completion of the aforesaid registration. 3.2 The Parties agree that if AICB ABIC accept the registration with respect to the equity pledge, he they will promptly cause the Pledged Equity under this Agreement to be recorded at AICBABIC, and the Parties confirm that whether the Pledged Equity is recorded as above or not shall not affect the validity of this Agreement unless compulsorily required by PRC Laws. Equity Pledge Agreement. 3.3 After the signing of this Agreement, the Pledgor Pledgors shall in accordance with the Pledgee’s written request which may be made by the Pledgee from time to time, together with the Pledgee, notarized this agreement as well as the register of shareholders with the recorded Pledged Equity in a notary public office as designated by the Pledgee, and Party A and the Company shall give assistant with respect to the notarization following the delivery of the notice with the request of notarization by Party B.

Appears in 1 contract

Samples: Equity Pledge Agreement (Forme Capital Inc)

Registration of Pledge. 3.1 Upon the execution of this Agreement, the Pledgor Pledgors shall cause the Company to record the Right of Pledge in the register of shareholders and deliver it with the common seal of the Company as well as the original of equity contribution certificate of the Pledgor Pledgors to the Pledgee for keeping. Within the term of this Agreement, Party B shall return the register of shareholders and equity contribution certificate to the Company for modification registration with AICBABIC, and the Company shall complete the modification registration within 10 business days upon receipt of the register of shareholders and equity contribution certificate, and Party A together with the Company shall continue to deliver such modified register of shareholders and equity contribution certificate to Party B within 2 business days following the completion of the aforesaid registration. 3.2 The Parties agree that if AICB ABIC accept the registration with respect to the equity pledge, he they will promptly cause the Pledged Equity under this Agreement to be recorded at AICBABIC, and the Parties confirm that whether the Pledged Equity is recorded as above or not shall not affect the validity of this Agreement unless compulsorily required by PRC Laws. Equity Pledge Agreement. 3.3 After the signing of this Agreement, the Pledgor Pledgors shall in accordance with the Pledgee’s written request which may be made by the Pledgee from time to time, together with the Pledgee, notarized this agreement as well as the register of shareholders with the recorded Pledged Equity in a notary public office as designated by the Pledgee, and Party A and the Company shall give assistant with respect to the notarization following the delivery of the notice with the request of notarization by Party B.B. Equity Pledge Agreement

Appears in 1 contract

Samples: Equity Pledge Agreement (Southern Sauce Company, Inc.)

AutoNDA by SimpleDocs

Registration of Pledge. 3.1 Upon the execution of this Agreement, the Pledgor Pledgors shall cause the Company to record the Right of Pledge in the register of shareholders and deliver it with the common seal of the Company as well as the original of equity contribution certificate of the Pledgor Pledgors to the Pledgee for keepingsafekeeping. Within the term of this Agreement, Party B shall return If there is any changes to the register of shareholders and equity contribution certificate within the term of this Agreement (provided that such changes is agreed by Party C), Party C shall return such register of shareholders and equity contribution certificate to Party B and the Company for modification registration with AICB, and the Company shall complete the modification registration within 10 business days upon receipt of the registration; Upon receiving such register of shareholders and equity contribution certificate, Party B and the Company shall complete the approval and filing procedure with Wuhan Financial Bureau as soon as possible, and further complete the registration with ABIC and/or equity exchange within 10 days upon receipt of the approval from Wuhan Financial Bureau; and Party A B together with the Company shall continue to deliver such modified register of shareholders and equity contribution certificate to Party B C within 2 business days following the completion of the aforesaid registration., Party C shall ensure that such documents are in safekeeping with it during the pledge period under this Agreement; 3.2 The Parties agree that if AICB accept the registration with respect to Pledgors and the equity pledge, he will promptly Company shall cause the Pledged Equity under this Agreement to be recorded at AICBABIC or other authorities as regulated by laws and regulations or other normative documents upon execution of this Agreement (if required by ABIC or other authorities, and the initial registered term of the pledge shall be five years). The Parties confirm that whether the Pledged Equity is recorded or registered as above or not shall not affect the validity of this Agreement unless compulsorily required by PRC Laws. Equity Pledge Agreement; 3.3 After the signing of this Agreement, the Pledgor Pledgors shall in accordance with the Pledgee’s written request which may be made by the Pledgee from time to time, together with the Pledgee, notarized this agreement as well as the register of shareholders with the recorded Pledged Equity in a notary public office as designated by the Pledgee, and Party A B and the Company shall give prompt assistant with respect to the notarization following the delivery of the notice with the request of notarization by Party B.C. 3.4 The Pledgors and the Company, jointly and individually, agree not to commence any proceedings in court, arbitration or otherwise, to oppose or challenge, in whole or in part, the equity pledge and guarantee granted by this Agreement.

Appears in 1 contract

Samples: Equity Pledge Agreement (China Xiniya Fashion LTD)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!