Common use of repay the Secured Debt to the Pledgee Clause in Contracts

repay the Secured Debt to the Pledgee. If there is any balance after deducting the above amount, the balance shall be paid to the Pledgor or the person entitled to receive such amount (without interest), and the Pledgor shall give such amount to the Pledgee or its designee unconditionally as permitted by the Laws of China. The Pledgee shall not be liable for any loss caused by its reasonable exercise of such rights and powers.

Appears in 10 contracts

Samples: Equity Interest Pledge Agreement (QUHUO LTD), Equity Interest Pledge Agreement (QUHUO LTD), Equity Interest Pledge Agreement (QUHUO LTD)

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