Common use of Right of Pledge Clause in Contracts

Right of Pledge. ​ 2.1 As the security for repaying the Secured Liabilities, the Pledgors hereby pledge all the Pledged Equities to the Pledgee, and Party C hereby consents to the Pledgors for pledging the Pledged Equities to the Pledgee in accordance with the provisions of this Agreement. 2.2 The Pledgors undertake that, they shall be responsible for recording the equity pledge arrangement under this Agreement in the register of shareholders of Party C. 2.3 During the Term of Pledge, the Pledgee has the right to receive incomes (including but not limited to any dividends and profits) arising from the Pledged Equities. With the prior written consent of the Pledgee, the Pledgors may get dividends or capital bonuses with respect to the Pledged Equities. The dividends or capital bonuses attributable to the Pledgors on the Pledged Equities shall be deposited in an account designated by the Pledgee, subject to the supervision of the Pledgee, and used first to repay the Secured Liabilities.

Appears in 1 contract

Samples: Equity Pledge Agreement (Pintec Technology Holdings LTD)

AutoNDA by SimpleDocs

Right of Pledge. 2.1 As the security for repaying the Secured Liabilities, the Pledgors hereby pledge all the Pledged Equities to the Pledgee, and Party C hereby consents to the Pledgors for pledging the Pledged Equities to the Pledgee in accordance with the provisions of this Agreement. 2.2 The Pledgors undertake that, they shall be responsible for recording the equity pledge arrangement under this Agreement in the register of shareholders of Party C. 2.3 During the Term of Pledge, the Pledgee has the right to receive incomes (including but not limited to any dividends and profits) arising from the Pledged Equities. With the prior written consent of the Pledgee, the Pledgors may get dividends or capital bonuses with respect to the Pledged Equities. The dividends or capital bonuses attributable to the Pledgors on the Pledged Equities shall be deposited in an account designated by the Pledgee, subject to the supervision of the Pledgee, and used first to repay the Secured Liabilities.

Appears in 1 contract

Samples: Equity Pledge Agreement (Pintec Technology Holdings LTD)

Right of Pledge. ​ 2.1 As the security for repaying the Secured Liabilities, the Pledgors hereby pledge all the ​ ​ Pledged Equities to the Pledgee, and Party C hereby consents to the Pledgors for pledging the Pledged Equities to the Pledgee in accordance with the provisions of this Agreement.. ​ 2.2 The Pledgors undertake that, they shall be responsible for recording the equity pledge arrangement under this Agreement in the register of shareholders of Party C. 2.3 During the Term of Pledge, the Pledgee has the right to receive incomes (including but not limited to any dividends and profits) arising from the Pledged Equities. With the prior written consent of the Pledgee, the Pledgors may get dividends or capital bonuses with respect to the Pledged Equities. The dividends or capital bonuses attributable to the Pledgors on the Pledged Equities shall be deposited in an account designated by the Pledgee, subject to the supervision of the Pledgee, and used first to repay the Secured Liabilities.. ​

Appears in 1 contract

Samples: Equity Pledge Agreement (Pintec Technology Holdings LTD)

Right of Pledge. 2.1 As the security for repaying the Secured Liabilities, the Pledgors hereby pledge all the Pledged Equities Shares to the Pledgee, and Party C hereby consents to the Pledgors for pledging the Pledged Equities Shares to the Pledgee in accordance with the provisions of this Agreement. 2.2 The Pledgors undertake that, they shall be responsible for recording the equity pledge Equity Pledge arrangement under this Agreement in the register of shareholders of Party C. 2.3 During the Term of Pledge, the Pledgee has the right to receive incomes (including but not limited to any dividends and profits) arising from the Pledged EquitiesShares. With the prior written consent of the Pledgee, the Pledgors may get dividends or capital bonuses with respect to the Pledged EquitiesShares. The dividends or capital bonuses attributable to the Pledgors on the Pledged Equities Shares shall be deposited in an account designated by the Pledgee, subject to the supervision of the Pledgee, and used first to repay the Secured Liabilities.

Appears in 1 contract

Samples: Equity Pledge Agreement (Pintec Technology Holdings LTD)

AutoNDA by SimpleDocs

Right of Pledge. 2.1 As the security for repaying the Secured Liabilities, the Pledgors hereby pledge all the Pledged Equities Shares to the Pledgee, and Party C hereby consents to the Pledgors for pledging the Pledged Equities Shares to the Pledgee in accordance with the provisions of this Agreement. 2.2 The Pledgors undertake that, they shall be responsible for recording the equity share pledge arrangement under this Agreement in the register of shareholders of Party C. 2.3 During the Term of Pledge, the Pledgee has the right to receive incomes (including but not limited to any dividends and profits) arising from the Pledged EquitiesShares. With the prior written consent of the Pledgee, the Pledgors may get dividends or capital bonuses with respect to the Pledged EquitiesShares. The dividends or capital bonuses attributable to the Pledgors on the Pledged Equities Shares shall be deposited in an account designated by the Pledgee, subject to the supervision of the Pledgee, and used first to repay the Secured Liabilities.

Appears in 1 contract

Samples: Share Pledge Agreement (Pintec Technology Holdings LTD)

Right of Pledge. ​ 2.1 As the security for repaying the Secured Liabilities, the Pledgors hereby pledge all the Pledged Equities to the Pledgee, and Party C hereby consents to the Pledgors for pledging the Pledged Equities to the Pledgee in accordance with the provisions of this Agreement.. ​ 2.2 The Pledgors undertake that, they shall be responsible for recording the equity pledge arrangement under this Agreement in the register of shareholders of Party C. 2.3 During the Term of Pledge, the Pledgee has the right to receive incomes (including but not limited to any dividends and profits) arising from the Pledged Equities. With the prior written consent of the Pledgee, the Pledgors may get dividends or capital bonuses with respect to the Pledged Equities. The dividends or capital bonuses attributable to the Pledgors on the Pledged Equities shall be deposited in an account designated by the Pledgee, subject to the supervision of the Pledgee, and used first to repay the Secured Liabilities.. ​

Appears in 1 contract

Samples: Equity Pledge Agreement (Pintec Technology Holdings LTD)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!