Common use of Release of Pledge Clause in Contracts

Release of Pledge. 3.1 After the Pledgors and the Company fully and completely perform all of the Contractual Obligations and discharge all of the Secured Liabilities, the Pledgee shall, upon the Pledgors’ request, release the Equity Pledge under this Agreement and cooperate with the Pledgors to cancel the registration of the Equity Pledge on the Company’s register of shareholders and with the administration of industry and commerce in charge of the Company. The Pledgee shall assume the reasonable expenses arising out of the release of the Equity Pledge.

Release of Pledge. 3.1 After the Pledgors and the Company fully and completely perform all of the Contractual Obligations and discharge repay all of the Secured LiabilitiesDebts, the Pledgee shall, upon at the request of the Pledgors’ request, release the Pledge of Equity Pledge under this Agreement Interest hereunder, and cooperate with the Pledgors to cancel the registration of the Pledge of Equity Pledge Interest on the Company’s register of shareholders of the Company and with the administration of industry competent industrial and commerce in charge of the Companycommercial administration. The Pledgee shall assume the reasonable expenses arising out of cost for the release of the Pledge of Equity PledgeInterest shall be borne by the Pledgee.

Release of Pledge. 3.1 After full and complete performance of all the Contractual Obligations and full repayment of all the Secured Indebtedness by the Pledgors and the Company fully and completely perform all of the Contractual Obligations and discharge all of the Secured LiabilitiesCompany, the Pledgee shall, upon at the request of the Pledgors’ request, release the Equity Pledge equity pledge under this Agreement and cooperate with the Pledgors to cancel deregister the registration of equity pledge recorded in the Equity Pledge on the Company’s register of shareholders and to deregister the pledge with the administration of industry competent industrial and commerce in charge of commercial authority. Reasonable costs thereby incurred shall be borne by the Company. The Pledgee shall assume the reasonable expenses arising out of the release of the Equity PledgePledgee.

Release of Pledge. 3.1 1. After full and complete fulfillment of all the Contractual Obligations of the Pledgors and the Company fully and completely perform all of the Contractual Obligations and discharge all of the Secured LiabilitiesDomestic Affiliates, the Pledgee shall, upon in accordance with the requirements of the Pledgors’ request, release the Equity Pledge under this Agreement pledge and cooperate with the Pledgors to cancel the Equity Pledge registration on the register of shareholders of the Lishui Mengxiang and the Equity Pledge registration of the Equity Pledge on the Company’s register of shareholders industrial and with the administration of industry and commerce in charge of the Companycommercial registration authority. The Pledgee shall assume the reasonable expenses arising out of from the release of pledge shall be borne by the Equity PledgePledgors.

Release of Pledge. 3.1 After Upon full and complete performance by the Pledgors Pledgor and the Company fully and completely perform of all of the their Contractual Obligations and discharge all of the Secured LiabilitiesObligations, the Pledgee shall, upon at the Pledgors’ requestrequest of the Pledgor, release the Equity Pledge under this Agreement hereunder and cooperate with the Pledgors Pledgor in relation to cancel both the registration deregistration of the Equity Pledge on in the Company’s shareholders’ register of shareholders the Company and the deregistration of the Equity Pledge with the administration of relevant industry and commerce in charge of the Company. The Pledgee shall assume the administration; reasonable expenses costs arising out of the such release of Equity Pledge shall be borne by the Equity PledgePledgee.

Release of Pledge. 3.1 After the Pledgors and the Company fully and completely perform all of the Contractual Obligations and discharge all of the Secured Liabilities, the Pledgee shall, upon the Pledgors’ request, release the Equity Pledge under this Agreement and cooperate with the Pledgors to cancel the registration of deregister the Equity Pledge on the Company’s register of shareholders and with the administration of industry and commerce in charge of the Company. The Pledgee shall assume the reasonable expenses arising out of the release of the Equity Pledge.

Release of Pledge. 3.1 After the Pledgors and the Company have fully and completely perform performed all of the Contractual Obligations and discharge discharged all of the Secured Liabilities, the Pledgee shall, upon the Pledgors’ request, release the Equity Pledge under this Agreement and cooperate with the Pledgors to go through the formalities to cancel the registration of the Equity Pledge on the Company’s register of shareholders and with the administration of industry and commerce in charge of the Company. The Pledgee reasonable fees incurred in connection with such release shall assume be borne by the reasonable expenses arising out of the release of the Equity PledgePledgee.

Release of Pledge. 3.1 After Upon full and complete performance of all the Contract Obligations and upon the full repayment of all the Guaranteed Liabilities by the Pledgors and the Company fully and completely perform all of the Contractual Obligations and discharge all of the Secured LiabilitiesCompany, the Pledgee shall, upon at the request of the Pledgors’ request, release the Equity Pledge equity pledge under this Agreement Agreement, and shall cooperate with the Pledgors to go through the formalities to cancel the registration of the Equity Pledge on the Company’s register of shareholders and with the administration of industry and commerce in charge of the CompanyPledge. The Pledgee reasonable fees incurred in connection with such release shall assume the reasonable expenses arising out of the release of the Equity Pledgebe borne by Pledgee.

Release of Pledge. 3.1 After The Pledgee shall, at the request of the Pledgors and subsequent to the full and complete performance of the Contract Obligations by the Pledgors and the Company fully and completely perform all of the Contractual Obligations and discharge all of the Secured Liabilities, the Pledgee shall, upon the Pledgors’ requestCompany, release the Equity Collateral from the Pledge under this Agreement and cooperate with the Pledgors to cancel handle the registration deregistration of the Equity Pledge on in respect of the Company’s register of shareholders and with the administration of industry and commerce in charge of the Companyshareholders’ roster. The Pledgee Pledgors shall assume the bear all reasonable expenses arising out of associated with the release of the Equity Pledge.

Release of Pledge. 3.1 After Upon full and complete performance of all Contractual Obligations and repayment of all Secured Indebtedness by the Pledgors and the Company fully and completely perform all of the Contractual Obligations and discharge all of the Secured LiabilitiesCompany, the Pledgee shall, upon at the request of the Pledgors’ request, release the Equity Interests Pledge under this Agreement hereunder as soon as reasonably practical, and shall cooperate with the Pledgors to cancel deregister the registration Equity Interests Pledge in the shareholder register of the Equity Pledge on Company and deregister the Company’s register of shareholders and pledge with the relevant administration of industry and commerce in charge of the Company. The Pledgee shall assume the commerce; reasonable expenses arising out of the incurred in connection with such release of the Equity PledgeInterests Pledge shall be assumed by the Pledgee.

Release of Pledge. 3.1 1. After full and complete fulfillment of all the Contractual Obligations of the Pledgors and the Company fully and completely perform all of the Contractual Obligations and discharge all of the Secured LiabilitiesDomestic Affiliates, the Pledgee shall, upon in accordance with the requirements of the Pledgors’ request, release the Equity Pledge under this Agreement pledge and cooperate with the Pledgors to cancel the Equity Pledge registration on the register of shareholders of the Meten Education and the Equity Pledge on registration of to the Company’s register of shareholders industrial and with the administration of industry and commerce in charge of the Companycommercial registration authority. The Pledgee shall assume the reasonable expenses arising out of from the release of pledge shall be borne by the Equity PledgePledgors.

Release of Pledge. 3.1 1. After full and complete fulfillment of all the Contractual Obligations of the Pledgors and the Company fully and completely perform all of the Contractual Obligations and discharge all of the Secured LiabilitiesDomestic Affiliates, the Pledgee shall, upon in accordance with the requirements of the Pledgors’ request, release the Equity Pledge under this Agreement pledge and cooperate with the Pledgors to cancel the Equity Pledge registration on the register of shareholders of the Likeshuo Education and the Equity Pledge on registration of to the Company’s register of shareholders industrial and with the administration of industry and commerce in charge of the Companycommercial registration authority. The Pledgee shall assume the reasonable expenses arising out of from the release of pledge shall be borne by the Equity PledgePledgors.

Release of Pledge. 3.1 After Upon full and complete performance of all the Contractual Obligations and full and complete repayment of all the Guaranteed Liabilities by the Pledgors and the Company fully and completely perform all of the Contractual Obligations and discharge all of the Secured LiabilitiesCompany, the Pledgee shall, upon at the request of the Pledgors’ request, release the Equity Pledge under this Agreement hereunder and shall cooperate with the Pledgors to go through the formalities to cancel the registration record of the Equity Pledge on in the Company’s shareholders’ register of shareholders the Company and with at the industrial and commercial administration of industry and commerce in charge of governing the Company. The Pledgee reasonable fees incurred in connection with such release shall assume be borne by the reasonable expenses arising out of the release of the Equity PledgePledgee.

Release of Pledge. 3.1 After Upon full and complete performance of all the Contract Obligations and upon the full repayment of all the Guaranteed Liabilities by the Pledgors and the Company fully and completely perform all Company, or upon termination or invalidation of the Contractual Transaction Agreements, or upon termination of Contract Obligations and discharge all of the Secured Liabilitiesdue to legal reasons, the Pledgee shall, upon at the request of the Pledgors’ request, release the Equity Pledge under this Agreement the Agreement, and shall cooperate with the Pledgors to go through the formalities to cancel the registration of the Equity Pledge on the Company’s register of shareholders and with at the administration of for industry and commerce in charge of the Companycommerce. The Pledgee reasonable fees incurred in connection with such release shall assume the reasonable expenses arising out of the release of the Equity Pledgebe borne by Pledgee.

Release of Pledge. 3.1 After the Pledgors Upon full and complete performance by Pledgor and the Company fully and completely perform of all of the Contractual Obligations and discharge cleared all of the Secured Guaranteed Liabilities, the Pledgee shall, upon at the Pledgors’ requestrequest of Pledgor, release the Equity Pledge under this Agreement pledge hereunder, and shall cooperate with Pledgor to handle the Pledgors formalities to cancel the registration record of the Equity Pledge on in the Company’s shareholder register of shareholders and with the administration of industry and commerce in charge of the Company. The Pledgee shall assume , with the reasonable expenses arising out of fees to be incurred in connection with the release of the Equity Pledgepledge to be borne by Pledgee.

Release of Pledge. 3.1 After the Pledgors Pledgers and the Company have fully and completely perform performed all of the Contractual Obligations and discharge discharged all of the Secured LiabilitiesDebts, the Pledgee shall, upon the PledgorsPledgers’ request, release the Equity Pledge under this Agreement and cooperate with the Pledgors Pledgers to cancel the registration of the Equity Pledge on the Company’s register of shareholders and with the administration of industry and commerce in charge of the Companyshareholders. The Pledgee shall assume the reasonable expenses arising out of the release of the Equity Pledge.

Release of Pledge. 3.1 After Upon full and complete performance by the Pledgors and the Company fully and completely perform of all of the their Contractual Obligations and discharge full satisfaction of all of the Secured LiabilitiesIndebtedness, the Pledgee shall, upon at the request of the Pledgors’ request, release the Equity Pledge under this Agreement hereunder and cooperate with the Pledgors in relation to cancel both the registration deregistration of the Equity Pledge on in the Company’s shareholders’ register of shareholders the Company and the deregistration of the Equity Pledge with the administration of relevant industry and commerce in charge of the Company. The Pledgee shall assume the administration; reasonable expenses costs arising out of the from such release of Equity Pledge shall be borne by the Equity PledgePledgee.

Release of Pledge. 3.1 After the Pledgors Pledgor and the Company have fully and completely perform performed all of the Contractual Obligations and discharge repaid all of the Secured Guaranteed Liabilities, the Pledgee shall, upon at the Pledgors’ requestrequest of the Pledgor, release the Equity Pledge under this Agreement hereunder, and shall cooperate with the Pledgors Pledgor to cancel the registration record of the Equity Pledge on in the Company’s register of shareholders members of the Company and the registration thereof with the administration of industry industrial and commerce in charge of commercial registration authority to which the CompanyCompany relates. The Pledgee shall assume the All reasonable expenses arising out of costs incurred by the release of the Equity Pledgepledge shall be borne by the Pledgor.

Release of Pledge. 3.1 After Upon sufficient and complete performance of all Contractual Obligations and payment of all Secured Indebtedness by the Pledgors and the Company fully and completely perform all of the Contractual Obligations and discharge all of the Secured LiabilitiesCompany, the Pledgee shall, upon at the request of the Pledgors’ request, release the Pledged Equity Pledge under this Agreement Interest and cooperate with provide support for the Pledgors to cancel re-register the registration of Pledge in the Equity Pledge on the Company’s shareholder register of shareholders and with the administration of industry and commerce in charge of the Company. The Pledgee costs and expenses reasonably incurred in connection with such release shall assume be paid by the reasonable expenses arising out of the release of the Equity PledgePledgor.

Release of Pledge. 3.1 After the Pledgors and the Company have fully and completely perform performed all of the Contractual Obligations and discharge discharged all of the Secured Liabilities, the Pledgee shall, upon the Pledgors’ request, release the Equity Pledge under this Agreement and cooperate with the Pledgors to cancel the registration of the Equity Pledge on the Company’s register of shareholders and with the administration of industry and commerce in charge of the Company. The Pledgee shall assume the reasonable expenses arising out of the release of the Equity Pledge.

Release of Pledge. 3.1 After the Pledgors Pledgor and the Company has fully and completely perform completed performed all of the Contractual Obligations and discharge repaid all of the Secured Guaranteed Liabilities, the Pledgee shall, upon at request of the Pledgors’ requestPledgor, release the Equity Pledge under this Agreement pledge hereunder and cooperate with the Pledgors Pledgor to cancel remove the registration record of the Equity Pledge on in the Company’s shareholder register of shareholders and with the administration of industry and commerce in charge of the Company. The Pledgee shall assume the reasonable expenses Reasonable fees arising out of the release of the Equity Pledgepledge shall be borne by the Pledgee.

Release of Pledge. 3.1 After full and complete performance of all the Contractual Obligations and full repayment of all the Secured Indebtedness by the Pledgors and the Company fully and completely perform Company, or all of the Transaction Agreements have been terminated or invalidated, or the Contractual Obligations and discharge all of the Secured Liabilitieshave been terminated due to legal requirements, the Pledgee shall, upon at the request of the Pledgors’ request, release the Equity Pledge equity pledge under this Agreement and cooperate with the Pledgors to cancel deregister the registration of the Equity Pledge on the Company’s register of shareholders and equity pledge with the administration of industry competent industrial and commerce in charge of the Company. The Pledgee shall assume the reasonable expenses arising out of the release of the Equity Pledgecommercial authority.

Release of Pledge. 3.1 After the Pledgors Upon full and the Company fully and completely perform complete performance of all of the Contractual Obligations and discharge repayment of all of the Secured LiabilitiesGuaranteed Liabilities by the Pledgor and the Company, the Pledgee shall, upon according to the Pledgors’ requestrequirements of the Pledgor, release the Equity Interest Pledge under this Agreement hereunder, and cooperate with the Pledgors to cancel Pledgor in handling the registration cancellation of the Equity Interest Pledge on record in the register of shareholders of the Company and at the Company’s register of shareholders competent industrial and with the administration of industry and commerce commercial registration authority. Reasonable fees incurred in charge of the Company. The Pledgee shall assume the reasonable expenses arising out of the release of the Equity PledgeInterest Pledge shall be borne by the Pledgee.

Release of Pledge. 3.1 After full and complete performance of all the Contractual Obligations and full repayment of all the Secured Indebtedness by the Pledgors and the Company fully and completely perform Company, or all of the Transaction Agreements have been terminated or invalid, or the Contractual Obligations and discharge all of the Secured Liabilitieshave been terminated due to legal requirements, the Pledgee shall, upon at the request of the Pledgors’ request, release the Equity Pledge equity pledge under this Agreement and cooperate with the Pledgors to cancel deregister the registration of the Equity Pledge on the Company’s register of shareholders equity pledge with competent industrial and with the administration of industry and commerce in charge of the Company. The Pledgee shall assume the reasonable expenses arising out of the release of the Equity Pledgecommercial authority.

Release of Pledge. 3.1 After the Pledgors Pledgers and the Company have fully and completely perform performed all of the Contractual Obligations and discharge all of the Secured LiabilitiesObligations, the Pledgee shall, upon the PledgorsPledgers’ request, release the Equity Pledge under this Agreement and cooperate with the Pledgors Pledgers to cancel the registration of the Equity Pledge on the Company’s register of shareholders and with the administration of industry and commerce in charge of the Companyshareholders. The Pledgee shall assume the reasonable expenses arising out of the release of the Equity Pledge.

Release of Pledge. 3.1 After the Pledgors Upon full and the Company fully and completely perform complete performance by Pledgor of all of the Contractual Obligations and discharge all of the Secured LiabilitiesObligations, the Pledgee shall, upon at the Pledgors’ requestrequest of Pledgor, release the Equity Pledge under this Agreement pledge hereunder, and shall cooperate with Pledgor to handle the Pledgors formalities to cancel the registration record of the Equity Pledge on in the Company’s shareholder register of shareholders and Jiucheng Advertising, with the administration of industry and commerce reasonable fees to be incurred in charge of the Company. The Pledgee shall assume the reasonable expenses arising out of connection with the release of the Equity Pledgepledge to be borne by Pledgor.

Release of Pledge. 3.1 After Upon full and complete performance by the Pledgors Pledgor and the Company fully and completely perform of all of the their Contractual Obligations and discharge full satisfaction of all of the Secured LiabilitiesIndebtedness, the Pledgee shall, upon at the Pledgors’ requestrequest of the Pledgor, release the Equity Pledge under this Agreement hereunder and cooperate with the Pledgors Pledgor in relation to cancel both the registration deregistration of the Equity Pledge on in the Company’s shareholders’ register of shareholders the Company and the deregistration of the Equity Pledge with the administration of relevant industry and commerce in charge of the Company. The Pledgee shall assume the administration; reasonable expenses costs arising out of the from such release of Equity Pledge shall be borne by the Equity PledgePledgee.

Release of Pledge. 3.1 After 3.1. Upon full and complete performance by the Pledgors and the Company fully and completely perform of all of the their Contractual Obligations and discharge all of the Secured LiabilitiesObligations, the Pledgee shall, upon at the request of the Pledgors’ request, release the Equity Pledge under this Agreement hereunder and cooperate with the Pledgors in relation to cancel both the registration deregistration of the Equity Pledge on in the Company’s shareholders’ register of shareholders the Company and the deregistration of the Equity Pledge with the administration of relevant industry and commerce in charge of the Company. The Pledgee shall assume the administration; reasonable expenses costs arising out of the such release of Equity Pledge shall be borne by the Equity PledgePledgee.

Release of Pledge. 3.1 After full and complete performance of all the Contractual Obligations and full repayment of all the Secured Indebtedness by the Pledgors and the Company fully and completely perform Company, or all of the Transaction Agreements have been terminated or invalidated, or the Contractual Obligations and discharge all of the Secured Liabilitieshave been terminated due to legal requirements, the Pledgee shall, upon at the request of the Pledgors’ request, release the Equity Pledge equity pledge under this Agreement and cooperate with the Pledgors to cancel deregister the registration of the Equity Pledge on the Company’s register of shareholders equity pledge with competent industrial and with the administration of industry and commerce in charge of the Company. The Pledgee shall assume the reasonable expenses arising out of the release of the Equity Pledgecommercial authority.

Release of Pledge. 3.1 After the Pledgors Upon full and complete performance by Pledgor and the Company fully and completely perform of all of the their Contractual Obligations and discharge their satisfaction of all of the Secured LiabilitiesIndebtedness, the Pledgee shall, upon at the Pledgors’ requestrequest of Pledgor, release the Equity Pledge under this Agreement pledge hereunder and cooperate with Pledgor in relation to the Pledgors to cancel the registration deregistration of the Equity Pledge on in the Company’s shareholders’ register of shareholders and with the administration of industry and commerce in charge of the Company. The Pledgee shall assume the ; reasonable expenses costs arising out of the such release of the Equity Pledgepledge shall be borne by Pledgee.

Release of Pledge. 3.1 After the Pledgors full and the Company fully and completely perform complete performance of all of the Contractual Obligations and discharge full repayment of all of the Secured LiabilitiesIndebtedness by the Pledgor and the Company, the Pledgee shall, upon at the Pledgors’ requestrequest of the Pledgor, release the Equity Pledge under this Agreement and cooperate with the Pledgors Pledgor to cancel the registration of deregister the Equity Pledge on recorded in the Company’s register of shareholders and to deregister the pledge with the administration of industry competent industrial and commerce in charge of commercial authority. Reasonable costs thereby incurred shall be borne by the Company. The Pledgee shall assume the reasonable expenses arising out of the release of the Equity PledgePledgee.

Release of Pledge. 3.1 1. After the Pledgors Pledgers and the Company Domestic Affiliates have fully and completely perform performed all of the their Contractual Obligations and discharge all of the Secured LiabilitiesObligations, the Pledgee shall, upon at the Pledgors’ requestrequest of the Pledgers, release this pledge, and shall cooperate with the Pledgers in canceling the Equity Pledge’s registration in the register of shareholders of Long-Spring Education Holding and the Equity Pledge under this Agreement and cooperate registration with the Pledgors to cancel the competent industrial and commercial registration of the Equity Pledge on the Company’s register of shareholders authority, and with the administration of industry and commerce in charge of the Company. The Pledgee shall assume the reasonable expenses arising out of incurred thereby shall be assumed by the release of the Equity PledgePledgers.

Release of Pledge. 3.1 After Upon full and complete performance of all Contractual Obligations (whether based on the Pledgors obligations arising from contracts; whether based on the obligations arising from any existing contract or any contract to be executed by Pledgor, the Company and Pledgee) by Pledgor and the Company fully and completely perform all of the Contractual Obligations and discharge all of the Secured LiabilitiesCompany, the Pledgee shall, upon according to the Pledgors’ requestrequirements of Pledgor, release the Equity Pledge under this Agreement pledge hereunder, and cooperate with Pledgor in handling the Pledgors to cancel the registration cancellation of the Equity Pledge on record in the Company’s shareholders register of shareholders and with the administration of industry and commerce in charge of the Company. The Pledgee shall assume the reasonable expenses arising out of Reasonable fees incurred in the release of the Equity Pledgepledge shall be borne by Pledgee.

Release of Pledge. 3.1 After Upon the Pledgors adequate and full performance of all the Contract Obligations and the Company fully full repayment of all Secured Indebtedness by the Pledgor and completely perform all of the Contractual Obligations and discharge all of the Secured LiabilitiesCompany, the Pledgee shall, upon the Pledgors’ request, shall release the Equity Pledge under this Agreement upon Pledgors’ request, and cooperate with shall assist the Pledgors to cancel the registration of de-register the Equity Pledge on from the Company’s shareholders’ register of shareholders the Company and with the administration AIC of industry and commerce in charge of competent jurisdiction over the Company. The Pledgee shall assume the , with all reasonable expenses arising out of the incurred from such release of pledge to be borne by the Equity PledgePledgee.

Release of Pledge. 3.1 After the Upon full and complete performance of all Contractual Obligations by Pledgors and the Company fully and completely perform all of the Contractual Obligations and discharge all of the Secured LiabilitiesCompany, the Pledgee shall, upon the request of Pledgors’ request, release the Equity Pledge under this Agreement pledge hereunder, and cooperate with Pledgors in handling the Pledgors to cancel cancellation of the registration record of the Equity Pledge on in the Company’s shareholders register of shareholders and with the administration of industry and commerce in charge of the Company. The Pledgee shall assume the reasonable expenses arising out of Reasonable fees incurred in the release of the Equity Pledgepledge shall be borne by Pledgee.

Release of Pledge. 3.1 After the Upon full and complete performance by relevant Pledgors and the Company fully and completely perform of all of their Contract Obligations or the Contractual Obligations full discharge and discharge all satisfaction of the Secured LiabilitiesDebts, the Pledgee shall, upon at the request of the Pledgors’ request, release the Equity Pledge under this Agreement pledge, and shall cooperate with relevant Pledgors to go through the Pledgors formalities to cancel the registration record of the Equity Pledge on in the Company’s shareholder register of shareholders Domestic Company, and all expenses reasonably incurred in connection with such release shall be borne by the administration of industry and commerce in charge of the Company. The Pledgee shall assume the reasonable expenses arising out of the release of the Equity PledgePledgors.

Release of Pledge. 3.1 After the Pledgors Pledgor and the Company has fully and completely perform completed performed all of the Contractual Obligations and discharge repaid all of the Secured Guaranteed Liabilities, the Pledgee shall, upon at request of the Pledgors’ requestPledgor, release the Equity Pledge under this Agreement pledge hereunder and cooperate with the Pledgors Pledgor to cancel remove the registration record of the Equity Pledge on in the Company’s shareholder register of shareholders and with the administration of industry and commerce in charge of the Company. The Pledgee shall assume the reasonable expenses Reasonable fees arising out of the release of the Equity Pledgepledge shall be borne by the Pledgee.

Release of Pledge. 3.1 After the Pledgors Pledgor and the Company have fully and completely perform performed all of the Contractual Obligations and discharge repaid all of the Secured Guaranteed Liabilities, the Pledgee shall, upon at the Pledgors’ requestrequest of the Pledgor, release the Equity Pledge under this Agreement hereunder, and shall cooperate with the Pledgors Pledgor to cancel the registration record of the Equity Pledge on in the Company’s register of shareholders members of the Company and the registration thereof with the administration of industry industrial and commerce in charge of commercial registration authority to which the CompanyCompany relates. The Pledgee shall assume the All reasonable expenses arising out of costs incurred by the release of the Equity Pledgepledge shall be borne by the Pledgee.

Release of Pledge. 3.1 After the Pledgors and the Company have fully and completely perform performed all of the Contractual Obligations and discharge repaid all of the Secured LiabilitiesDebts, the Pledgee shall, upon at the request of the Pledgors’ request, release the Pledge of Equity Pledge under this Agreement Interest hereunder, and cooperate with the Pledgors to cancel the registration of the Pledge of Equity Pledge Interest on the Company’s register of shareholders of the Company and with the administration of industry and commerce in charge of the Companycompetent market regulation authority. The Pledgee shall assume the reasonable expenses arising out of cost for the release of the Pledge of Equity PledgeInterest shall be borne by the Pledgee.

Release of Pledge. 3.1 After Upon the Pledgors adequate and full performance of all the Contract Obligations and the Company fully full repayment of all Secured Indebtedness by the Pledgor and completely perform all of the Contractual Obligations and discharge all of the Secured LiabilitiesCompany, the Pledgee shall, upon the Pledgors’ request, shall release the Equity Pledge under this Agreement upon Pledgor’s request, and cooperate with shall assist the Pledgors Pledgor to cancel the registration of de-register the Equity Pledge on from the Company’s shareholders’ register of shareholders the Company and with the administration AIC of industry and commerce in charge of competent jurisdiction over the Company. The Pledgee shall assume the , with all reasonable expenses arising out of the incurred from such release of pledge to be borne by the Equity PledgePledgee.

Release of Pledge. 3.1 After the Pledgors Pledgor and the Company have fully and completely perform performed all of the Contractual Obligations contractual obligations and discharge discharged all of the Secured Liabilitiessecured debts, the Pledgee shall, upon request of the Pledgors’ requestPledgor, release the Equity Pledge under this Agreement equity pledge hereunder and cooperate with the Pledgors to cancel Pledgor in deregistering the registration of the Equity Pledge on the Company’s register of shareholders and equity pledge, with the administration of industry and commerce in charge of the Company. The Pledgee shall assume the reasonable expenses arising out of incurred in the release of course borne by the Equity PledgePledgee.

Release of Pledge. 3.1 After the Upon full and complete performance by Pledgors and the Company fully and completely perform of all of the Contractual Obligations and discharge all of the Secured LiabilitiesObligations, the Pledgee shall, upon at the request of Pledgors’ request, release the Equity Pledge pledge under this Agreement Agreement, and shall cooperate with Pledgors to handle the Pledgors formalities to cancel the registration record of the Equity Pledge on in the Company’s shareholder register of shareholders and with the administration of industry and commerce in charge of the Company. The Pledgee shall assume , with the reasonable expenses arising out of fees to be incurred in connection with the release of the Equity Pledgepledge to be borne by Pledgee.

Release of Pledge. 3.1 After full and complete performance of all the Contractual Obligations and full repayment of all the Secured Indebtedness by the Pledgors and the Company fully and completely perform all of the Contractual Obligations and discharge all of the Secured LiabilitiesCompany, the Pledgee shall, upon at the request of the Pledgors’ request, release the Equity Pledge under this Agreement and cooperate with the Pledgors to cancel the registration of deregister the Equity Pledge on recorded in the Company’s register of shareholders and to deregister the pledge with the administration of industry competent industrial and commerce in charge of commercial authority. Reasonable costs thereby incurred shall be borne by the Company. The Pledgee shall assume the reasonable expenses arising out of the release of the Equity PledgePledgee.

Release of Pledge. 3.1 After the Pledgors and the Company have fully and completely perform performed all of the Contractual Obligations and discharge repaid all of the Secured Guaranteed Liabilities, the Pledgee shall, upon at the request of the Pledgors’ request, release the Equity Pledge under this Agreement hereunder, and shall cooperate with the Pledgors to cancel the registration record of the Equity Pledge on in the Company’s register of shareholders members of the Company and the registration thereof with the administration of industry industrial and commerce in charge of commercial registration authority to which the CompanyCompany relates. The Pledgee shall assume the All reasonable expenses arising out of costs incurred by the release of the Equity Pledgepledge shall be borne by the Pledgors.