Common use of Term of Pledge Clause in Contracts

Term of Pledge. The pledge shall be effective when upon registration with the competent industrial and commercial administrations of Party C and shall be terminated after the Principal Agreements are performed, invalidated or terminated, whichever the latest. During the term of pledge, in the event that Party B, Party C or Party C’s affiliates fail to perform any obligations under the Principal Agreements, or any of the circumstances stipulated in Article 9 occurs, Party A shall have the right to dispose the Pledged Equity Interest in accordance with the Agreement.

Term of Pledge. 3.1 The pledge Pledge shall be effective when upon registration with as of the competent industrial and commercial administrations date that the Pledge is recorded in the register of shareholders of Party C and shall be terminated after the Principal Agreements are performed, invalidated or terminated, whichever the latest. remain effective so long as this Agreement remains in effect. 3.2 During the term Term of pledgethe Pledge, Party A shall be entitled to foreclose on the Pledge in accordance with this Agreement in the event that Party B, Party C or Party C’s affiliates fail fails to perform any of its obligations under the Principal AgreementsService Agreement, or any including without limitation the payment of the circumstances stipulated in Article 9 occursConsulting Fee. 3.3 Except as otherwise provided hereunder, Party A shall have be entitled to exercise, dispose of or assign the right to dispose the Pledged Equity Interest Pledge in accordance with the this Agreement.

Term of Pledge. 3.1 The pledge Pledge shall be effective when upon registration with as of the competent industrial and commercial administrations date that the Pledge is recorded in the register of shareholders of Party C and shall be terminated after the Principal Agreements are performed, invalidated or terminated, whichever the latest. remain effective so long as this Agreement remains in effect. 3.2 During the term Term of pledgethe Pledge, Party A shall be entitled to foreclose on the Pledge in accordance with this Agreement in the event that Party B, Party C or Party C’s affiliates fail fails to perform any obligations under pay the Principal Agreements, or any of Consulting Fees in accordance with the circumstances stipulated in Article 9 occursService Agreement. 3.3 Except as otherwise provided hereunder, Party A shall have be entitled to exercise, dispose of or assign the right to dispose the Pledged Equity Interest Pledge in accordance with the this Agreement.

Term of Pledge. The pledge Pledge under this Agreement shall be effective when upon from the date of registration of the Pledge with competent Industrial and Commercial authorities to the competent industrial latest of the complete performance, expiration and commercial administrations termination of Party C and shall be terminated after all of the Principal Agreements are performed, invalidated or terminated, whichever the latestMain Agreements. During the term of pledgethe Pledge, in the event that if Party B, Party C or Party C’s affiliates the Affiliated Entities shall fail to perform any of their obligations under the Principal Main Agreements, or if any of the circumstances stipulated events provided in Article 9 occurs6.1 hereof shall occur, Party A shall have the right is entitled to dispose the Pledged Equity Interest Interests in accordance with the provisions of this Agreement.

Term of Pledge. The pledge Pledge under this Agreement shall be effective when upon from the date of registration of the Pledge with competent Industrial and Commercial authorities to the competent industrial and commercial administrations of Party C and shall be terminated after date on which the Principal Main Agreements are completely performed, invalidated or terminated, whichever terminated (the latestlater date shall prevail). During In the term of pledgePledge, in the event that if Party B, Party C or Party C’s affiliates and the Subsidiaries fail to perform any of their obligations under the Principal Main Agreements, or in case of occurrence of any of the circumstances stipulated events provided in Article 9 occurs6.1, Party A shall have the right is entitled to dispose the Pledged Equity Interest Interests in accordance with the provisions of this Agreement.