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 With the prior written consent of the Pledgee, the Pledgors may make additional capital contributions to Party C. The additional contribution amounts in Party C’s registered capital due to the capital increase made by the Pledgors to Party C are also subject to the Pledged Equities. The Pledgors undertake to, within ten (10) working days from the capital increase, record the equity pledge with respect to the additional capital under this Article 2.3 in the register of shareholders of Party C, and apply for registration with the registration authority (as defined below). 2.4 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.

Right of Pledge. 2.1 As the security a repayment guarantee for repaying the Secured LiabilitiesDebt, the Pledgors each Pledgor hereby pledge pledges all of the Pledged Equities Equity held by it in Party C to the Pledgee, and . Party C hereby consents to agreed that the Pledgors for pledging Pledgor shall pledge the Pledged Equities Equity to the Pledgee in accordance with the provisions of this Agreementhereof. 2.2 The Pledgors undertake that, they shall be responsible for recording to record the equity pledge arrangement under this Agreement in the Party C’s register of shareholders of Party C.shareholders. 2.3 With the prior written consent of the Pledgee, the Pledgors may make additional increase their capital contributions to in Party C. The amount of additional contribution amounts in Party C’s registered capital due to the capital increase made by the Pledgors to in the registered capital of Party C are due to capital increase shall also subject to fall under the Pledged EquitiesEquity. The Pledgors undertake to, within ten (10) working days from the capital increase, to record the equity pledge with respect to of the additional newly added capital under this Article 2.3 in the Party C's register of shareholders of Party C, and apply for registration with the registration authority Registration Authority (as defined below)) within ten (10) business days after the capital increase. 2.4 During the Term of Pledge, the Pledgee has shall have the right to receive incomes the returns (including but not limited to any dividends and profits) arising from the Pledged EquitiesEquity. With the prior written consent of the Pledgee, the Pledgors may get obtain dividends or capital bonuses with respect to bonus from the Pledged EquitiesEquity. The dividends Dividends or capital bonuses attributable to bonus obtained by the Pledgors on from the Pledged Equities Equity shall be deposited in an account designated by the Pledgee's designated account, subject to the supervision of supervised by the Pledgee, and used first to repay settle the Secured LiabilitiesDebt first.

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 With the prior written consent of the Pledgee, the Pledgors may make additional capital contributions to Party C. The additional contribution amounts in Party C’s registered capital due to the capital increase made by the Pledgors to Party C are also subject to the Pledged Equities. The Pledgors undertake to, within ten (10) working days from the capital increase, record the equity pledge with respect to the additional capital under this Article 2.3 in the register of shareholders of Party C, and apply for registration with the registration authority (as defined below).. ​ 2.4 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.. ​