Common use of Release of Pledge Clause in Contracts

Release of Pledge. Upon full and complete performance by the Pledgor of all of his Contract Obligations (including the full discharge and satisfaction of the Secured Debts), the Pledgee shall, at the request of the Pledgor, release the pledge, and shall cooperate with the Pledgor to go through the formalities to cancel the record of the Equity Pledge in the register of equityholders (if any) of the Domestic Company and the registration with SAIC, and all expenses reasonably incurred in connection with such release shall be borne by the Domestic Company. The Parties shall procure the Domestic Company to bear such expenses.

Appears in 15 contracts

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

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Release of Pledge. Upon full and complete performance by relevant Pledgor and the Pledgor Domestic Company of all of his Contract their Contractual Obligations (including the full discharge and satisfaction of the Secured Debts), the Pledgee shall, at the request of the Pledgor, release the pledge, and shall cooperate with the relevant Pledgor to go through the complete relevant formalities to cancel deregister the record of the Equity Pledge recorded in the register of equityholders (if any) shareholders of the Domestic Company and registered with the registration with SAICAIC, and all expenses reasonably incurred in connection with such release shall be borne by the Domestic Company. The Parties shall procure cause the Domestic Company to bear such expenses.

Appears in 3 contracts

Samples: Equity Pledge Agreement, Equity Pledge Agreement (RISE Education Cayman LTD), Equity Pledge Agreement (RISE Education Cayman LTD)

Release of Pledge. Upon full and complete performance by the Pledgor of all of his Contract Obligations (including the full discharge and satisfaction of the Secured Debts), the Pledgee shall, at the request of the Pledgor, release the pledge, and shall cooperate with the Pledgor to go through the formalities to cancel the record of the Equity Pledge in the register of equityholders (if any) of the Domestic Company and the registration with SAICSAMR, and all expenses reasonably incurred in connection with such release shall be borne by the Domestic Company. The Parties shall procure the Domestic Company to bear such expenses.

Appears in 3 contracts

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

Release of Pledge. Upon full and complete performance by the Pledgor of all of his Contract Obligations (including the full discharge and satisfaction of the Secured Debts), the Pledgee shall, at the request of the Pledgor, release the pledge, and shall cooperate with the Pledgor to go through the formalities to cancel the record of the Equity Pledge in the register of equityholders (if any) of the Domestic Company and the registration with SAICSAMR, and all expenses reasonably incurred in connection with such release shall be borne by the Domestic Company. The Parties shall procure the Domestic Company to bear such expenses.

Appears in 2 contracts

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

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Release of Pledge. Upon full and complete performance by relevant Pledgor and the Pledgor Domestic Company of all of his Contract their Contractual Obligations (including the full discharge and satisfaction of the Secured Debts), the Pledgee shall, at the request of the Pledgor, release the pledge, and shall cooperate with the relevant Pledgor to go through the complete relevant formalities to cancel deregister the record of the Equity Pledge recorded in the register of equityholders (if any) shareholders of the Domestic Company and registered with the registration with SAICSAMR, and all expenses reasonably incurred in connection with such release shall be borne by the Domestic Company. The Parties shall procure cause the Domestic Company to bear such expenses.

Appears in 1 contract

Samples: Equity Pledge Agreement (Chindata Group Holdings LTD)

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