Registration of the Pledge. 4.1. The Parties agree that, Pledgors and the Target Company shall register the Pledge in the register of members of the Target Company as of the execution date of this Agreement and submit an application to the administrations of industry and commerce for the registration of the pledge contemplated herein within 20 business days following the execution of this Agreement; in addition, Pledgors and the Target Company shall submit all necessary documents and go through all necessary formalities in accordance with PRC laws and regulations and requirements of competent administrations of industry and commerce.
4.2. Where there is a change in the record of the Pledge and an amendment to such record is required under PRC laws, the Pledgee and Pledgors shall complete the amendment of the register of members as well as corresponding filling procedures with competent administrations of industry and commerce within 20 business days as of the date of change.
Registration of the Pledge. Immediately upon signature of this Agreement and in relation to the Pledged Account, the Pledgor shall execute in the French language a statement of pledge related to such Pledged Account (the “Statement of Pledge”) in the form of Schedule 2, transmit an executed copy of the Statement of Pledge of the Pledged Accounts to the Account Holder of the Financial Instruments Account and to the Bank Account Holder of the Bank Account and request :
(i) the Account Holder (who accepts and undertakes to comply with) to (i) record in its shareholder register (“registre de mouvements de titres”), that such Financial Instruments Account is pledged in favour of the Beneficiaries by virtue of this Statement of Pledge and (ii) issue on the same date a certificate of confirmation of pledge related to the Pledged Account (the “Confirmation of Pledge”) in the form of Schedule 3; and
(ii) the Bank Account Holder (who accepts and undertakes to comply with) to (a) record that the Bank Account is pledged in favour of the Beneficiaries by virtue of this Statement of Pledge and (b) issue on the same date a certificate of confirmation of pledge related to such Bank Account (the “Bank Account Holder Acknowledgement Letter” and together with the Confirmation of Pledge, the “Confirmations of Pledge”) in the form of Schedule 4.
Registration of the Pledge. 4.1 Within three (3) Business Days of the date of this Agreement, the Pledgors shall submit to the Archive all notices, applications and statements necessary for registering the Pledge as a first ranking priority pledge over the Shares in favour of the Security Agent and shall provide the Security Agent with evidence that this obligation has been complied with in the form of a security standard notice issued by the Archive, to be delivered within five (5) Business Days of the date of this Agreement.
4.2 Notwithstanding Article 4.1 above, the Pledgors shall ensure that, within three (3) Business Days of the date of this Agreement, the Pledge shall also be registered with the register of Shares maintained by the Subsidiary, and the Security Agent shall receive a certified copy of the relevant excerpt from such register of Shares evidencing the establishment of the Pledge, within five (5) Business Days of the date of this Agreement.
4.3 Without prejudice to any provision of the Facility Agreement on costs and expenses, the Pledgors agree to pay for, within three Business Days of demand of the Security Agent, all costs and expenses reasonably incurred by the Security Agent in connection with any registration and filing of this Agreement.
4.4 Within ten (10) Business Days of any of the Pledgors becoming the holder of any Additional Shares in the Subsidiary, the Pledgors shall execute and deliver to the Security Agent an amendment agreement in the form attached hereto as Annex C (the “Amendment Agreement”) to which shall be attached:
(i) an original excerpt from the relevant Romanian Trade Registry evidencing all of the Shares in the Subsidiary held by the Pledgors (including the Additional Shares which have most recently triggered the operation of this Article 4.4) (the “Substitute Annex A”); and
(ii) a certified copy of the excerpt from the register of Shares maintained by the Subsidiary evidencing all of the Shares in the Subsidiary held by the Pledgors (including the Additional Shares which have most recently triggered the operation of this Article 4.4) (the “Substitute Annex B”), and, upon the execution of such Amendment Agreement by the Security Agent Annex A and Annex B shall be replaced in their entirety by the Substitute Annex A and the Substitute Annex B respectively. The Pledgors further agree that:
(a) within three (3) Business Days of the Security Agent executing and delivering to the Pledgors an Amendment Agreement (the “Relevant Date”), the Pledgo...
Registration of the Pledge. Immediately upon signature of this Agreement and in relation to the Pledged Account, the Pledgor shall execute in French a statement of first ranking pledge related to such Pledged Account (the “Statement of Pledge”) (“déclaration de nantissement de compte de titres financiers”) in the form of Schedule 1, transmit an executed copy of such Statement of Pledge to the Company as Account Holder of the Financial Securities Account and to the Bank Account Holder as account holder of the Bank Account and request:
A. the Account Holder to (i) record in the Company’s shareholder register (“registre de mouvements de titres”) and the shareholders accounts registry (“comptes d’actionnaires”) that the Financial Securities Account is pledged in favour of the Beneficiaries by virtue of such Statement of Pledge and (ii) issue on the same date a certificate of confirmation of pledge related to such Financial Securities Account (the “Financial Securities Account Confirmation of Pledge”) (“attestation de nantissement de compte de titres financiers”) in the form of Schedule 2; and
B. the Bank Account Holder (which the Bank Account Holder undertakes) to (i) record that the Bank Account is pledged in favour of the Beneficiaries by virtue of such Statement of Pledge and (ii) issue on the same date a certificate of confirmation of pledge related to the Bank Account (the “Bank Account Confirmation of Pledge” (“attestation de nantissement de compte de fruits et produits”) and together with the Financial Securities Account Confirmation of Pledge, the “Confirmations of Pledge”) in the form of Schedule 3.
Registration of the Pledge. (a) After the occurrence and during the continuation of an Enforcement Event, the Pledgor shall upon first request of the Pledgee register the Pledge of all Patents and Trademarks in the relevant patent and trademark registers by filing the respective written requests to the competent authorities within 10 Business Days upon the Pledgee's request, or – if a Patent or Trademark is being granted only after the date of such request – upon such Patent or Trademark being granted, and to concurrently provide a copy of such filings to the Pledgee.
(b) The Parties hereby express their will and intention that the Pledge becomes immediately effective upon signing of this Agreement by both Parties, subject to, and to the extent of, the respective Patent or Trademark being granted by the competent authority, and that the registration of the Pledge in any patent or trademark register shall not be a condition to the effectiveness of the Pledge.
Registration of the Pledge. The Shareholders shall within fifteen (15) days after execution of this Pledge Agreement or any Amendment (as defined below) entered into in accordance with Section 6, register this Pledge Agreement or such Amendment, together with its sworn translation into the Portuguese language, with the competent Registry of Titles and Deeds (Cartorio de Registro de Titulos e Documentos) in Brazil, and deliver to the Collateral Agent evidence of such registration in form and substance reasonably satisfactory to the Collateral Agent. All expenses incurred in connection with such sworn translation and with such registrations shall be paid by the Shareholders.
Registration of the Pledge. 3.1 Upon the execution of this Agreement, the 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 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 ABIC, and the Company shall complete the modification registration within 10 days upon receipt of the register of shareholders and equity contribution certificate, and the Party A and the Company shall continue to deliver such modified register of shareholders and equity contribution certificate to Party B within 2 days following the completion of the aforesaid registration.
Registration of the Pledge. 1. The Pledgor must proceed with the registration procedures for the pledge within 5 days after this contract becomes effective and deliver all documentation to the Pledgee for safekeeping.
2. During the effective period of the pledge, the Pledgor must also process any change registration for the pledge when necessary.
3. During the effective period of the pledge, if the Pledgee transfers the pledgee’s right, the Pledgor must assist the Pledgee in completing the corresponding transfer registration procedures.
Registration of the Pledge. 5.2.1 Party C shall complete the registration of the equity pledge within 15 days of the receipt of RMB40 million by Party A from Party B as the source plasma price under the previous cooperation agreement. The equity pledge agreement signed by Party B and Party C shall be for the registration purpose only. If there is any inconsistency between the equity pledge agreement and this Agreement, this Agreement shall prevail.
5.2.2 Party B shall be entitled to terminate this Agreement by serving Party A and Party C a written notice if Party C fails to register the pledge within the agreed period and within 10 days after being notified in writing by Party B. Party A shall repay the principal and interests to Party B within 5 days of the termination of this Agreement.
5.2.3 The pledge period starts from the date when the registration of the pledge takes effect to the date when Party A repays the principal and interests in full.
Registration of the Pledge. The Pledgor agrees and undertakes to:
