Common use of Rights of the Pledgee Clause in Contracts

Rights of the Pledgee. 4.1 When a Secured Party does not perform any of its obligations under the Master Contract, the Pledgee shall have the right of priority to claim for any money converted from Guanli’s Equity Interest pledged by the Pledgor, or any proceeds from the auction or sale of such Equity Interest. 4.2 The Pledgee shall be entitled to receive any dividends (including bonuses) and other property distributions arising from the Equity Interest that is pledged.

Rights of the Pledgee. 4.1 When a Secured Party does not perform any of its obligations under the Master Contract, the Pledgee shall have the right of priority to claim for any money converted from GuanliZhongguan’s Equity Interest pledged by the Pledgor, or any proceeds from the auction or sale of such Equity Interest. 4.2 The Pledgee shall be entitled to receive any dividends (including bonuses) and other property distributions arising from the Equity Interest that is pledged.

Rights of the Pledgee. 4.1 When a Secured Party does not perform any of its obligations under the Master Contract, the Pledgee shall have the right of priority to claim for any money converted from GuanliP3A’s Equity Interest pledged by the Pledgor, or any proceeds from the auction or sale of such Equity Interest. 4.2 The Pledgee shall be entitled to receive any dividends (including bonuses) and other property distributions arising from the Equity Interest that is pledged.

Rights of the Pledgee. 4.1 When a Secured Party does not perform any of its obligations under the Master Contract, the Pledgee shall have the right of priority to claim for any money converted from Guanli’s PGW Seeds’ Equity Interest pledged by the Pledgor, or any proceeds from the auction or sale of such Equity Interest. 4.2 The Pledgee shall be entitled to receive any dividends (including bonuses) and other property distributions arising from the Equity Interest that is pledged.