Common use of Right of Pledge Clause in Contracts

Right of Pledge. The Pledgor pledges all of his Pledged Equity Interest in Shenzhen Xinbao to the Pledgee as a guarantee for all of his liabilities under the Loan Agreement. The “Right of Pledge” refers to the right owned by the Pledgee to be first compensated from the money converted from, or the proceeds from the auction or sale of, such equity interest pledged by the Pledgor to the Pledgee.

Appears in 3 contracts

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

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Right of Pledge. The Pledgor pledges all of his Pledged Equity Interest in Shenzhen Xinbao to the Pledgee as a guarantee for all of his liabilities under the Loan Agreement. The “Right of Pledge” refers to the right owned by the Pledgee to be first compensated from the money converted from, or the proceeds from the auction or sale of, such equity interest the Equity Interest pledged by the Pledgor to the Pledgee.

Appears in 2 contracts

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

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Right of Pledge. The Pledgor pledges all of his Pledged Equity Interest in Shenzhen Xinbao Dianliang to the Pledgee as a guarantee for all of his liabilities under the Loan Agreement. The “Right of Pledge” refers to the right owned by the Pledgee to be first compensated from the money converted from, or the proceeds from the auction or sale of, such equity interest pledged by the Pledgor to the Pledgee.

Appears in 1 contract

Samples: Equity Pledge Agreement (Cninsure Inc.)

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