Term and Dissolution of Pledge. 3.1 The Pledge under this Agreement shall be effective from the date of registration of the Pledge with competent Industrial and Commercial authorities to the date on which the Main Agreements are completely performed, invalidated or terminated (the later date shall prevail). In the term of Pledge, if Party B, Party C fail to perform any of their obligations under the Main Agreements, or in case of occurrence of any of the events provided in Article 6.1, Party A is entitled but not obligated to dispose the Pledged Equity Interests in accordance with the provisions of this Agreement.
Appears in 6 contracts
Samples: Equity Interest Pledge Agreement (Daojia LTD), Equity Interest Pledge Agreement (Daojia LTD), Equity Interest Pledge Agreement (Daojia LTD)
Term and Dissolution of Pledge. 3.1 The Pledge under this Agreement shall be effective from the date of registration of the Pledge with competent Industrial and Commercial authorities to the date on which the Main Agreements are completely performed, invalidated or terminated (the later date shall prevail). In During the term of Pledge, if Party B, Party C and any of Party C Subsidiaries fail to perform any of their obligations under the Main Agreements, or in case of occurrence of any of the events provided in Article 6.1, Party A is entitled but not obligated to dispose the Pledged Equity Interests in accordance with the provisions of this Agreement.
Appears in 3 contracts
Samples: Equity Interest Pledge Agreement, Equity Interest Pledge Agreement (Bright Scholar Education Holdings LTD), Equity Interest Pledge Agreement (Bright Scholar Education Holdings LTD)
Term and Dissolution of Pledge. 3.1 The Pledge under this Agreement shall be effective from the date of registration of the Pledge with competent Industrial and Commercial administration for market regulation authorities to the date on which the Main Agreements are completely performed, invalidated or terminated (the later date shall prevail). In the term of Pledge, if Party B, Party C or Subsidiaries fail to perform any of their obligations under the Main Agreements, or in case of occurrence of any of the events provided in Article 6.1, Party A is entitled but not obligated to dispose the Pledged Equity Interests in accordance with the provisions of this Agreement.
Appears in 2 contracts
Samples: Equity Interest Pledge Agreement (17 Education & Technology Group Inc.), Equity Interest Pledge Agreement (17 Education & Technology Group Inc.)
Term and Dissolution of Pledge. 3.1 The Pledge under this Agreement shall be effective from the date of registration of the Pledge with competent Industrial and Commercial administration for market regulation authorities to the date on which the Main Agreements are completely performed, invalidated or terminated (the later date shall prevail). In the term of Pledge, if Party B, B or Party C fail to perform any of their obligations under the Main Agreements, or in case of occurrence of any of the events provided in Article 6.1, Party A is entitled but not obligated to dispose the Pledged Equity Interests in accordance with the provisions of this Agreement.
Appears in 1 contract
Samples: Equity Interest Pledge Agreement (17 Education & Technology Group Inc.)
Term and Dissolution of Pledge. 3.1 The Pledge under this Agreement shall be effective from the date of registration of the Pledge with competent Industrial and Commercial authorities to the date on which the Main Agreements are completely performed, invalidated or terminated (the later date shall prevail). In the term of Pledge, if Party B, B and Party C fail to perform any of their obligations under the Main Agreements, or in case of occurrence of any of the events provided in Article 6.1, Party A is entitled but not obligated to dispose the Pledged Equity Interests in accordance with the provisions of this Agreement.
Appears in 1 contract
Samples: Equity Interest Pledge Agreement (TAL Education Group)
Term and Dissolution of Pledge. 3.1 The Pledge under this Agreement shall be effective from the date of registration of the Pledge with competent Industrial and Commercial administration for market regulation authorities to the date on which the Main Agreements are completely performed, invalidated or terminated (the later date shall prevail). In the term of Pledge, if Party B, Party C fail to perform any of their obligations under the Main Agreements, or in case of occurrence of any of the events provided in Article 6.1, Party A is entitled but not obligated to dispose the Pledged Equity Interests in accordance with the provisions of this Agreement.
Appears in 1 contract
Samples: Equity Interest Pledge Agreement (17 Education & Technology Group Inc.)