Common use of Release of Equity Pledge Clause in Contracts

Release of Equity Pledge. The Pledgee shall remove the share pledge under this Agreement according to the requests of the relevant Pledgor after the Pledgor and the Company sufficiently and fully execute all Contract Obligations and pay off all Secured Indebtedness. And the Pledgee shall assist the relevant Pledgee to manage the deregister of the share pledge in the Company’s shareholder name list and the remove of the share pledge. The reasonable expenses arising from removing the share pledge shall be borne by the Pledgee.

Appears in 4 contracts

Samples: Equity Interest Pledge Agreement (MOGU Inc.), Equity Interest Pledge Agreement (MOGU Inc.), Equity Interest Pledge Agreement (Meili Inc.)

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