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 Company’s shareholder list and deliver such list affixed with the seal of the Company as well as the original of shareholder capital contribution certificate of the Pledgor to the Pledgee or any third party designated by the Pledgee for keeping. During the term of this Agreement, if there are any changes to the Company’s shareholder list or the registered capital contribution certificate which receive the prior consent from the Pledgee, the Pledgee shall return the shareholder list and registered capital contribution certificate to the Company for modification, and the Company shall complete the modification and deliver such modified shareholder list and registered capital contribution certificate to Pledgee.

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 Company’s shareholder shareholders list and deliver such list affixed with the seal of the Company as well as the original of shareholder capital contribution certificate of the Pledgor Pledgors to the Pledgee or any third party designated by the Pledgee for keeping. During the term of this Agreement, if there are any changes to the Company’s shareholder shareholders list or the registered capital contribution certificate which receive the prior consent from the Pledgee, the Pledgee shall return the shareholder shareholders list and registered capital contribution certificate to the Company for modification, and the Company shall complete the modification and deliver such modified shareholder shareholders list and registered capital contribution certificate to Pledgee.