Term of the Pledge. 3.2.1 The Pledge shall take effect as of the date when the pledge of the Equity Interest is recorded in the Register of Shareholders of Baidu Netcom and registered with the competent industrial and commercial authority, and shall remain in effect until two (2) years after all Secured Obligations under the Principal Agreement have been fulfilled.
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Samples: Equity Pledge Agreement (Baidu, Inc.), Equity Pledge Agreement (Baidu, Inc.), Equity Pledge Agreement (Baidu, Inc.)
Term of the Pledge. 3.2.1 The Pledge shall take effect as of the date when the pledge of the Equity Interest is recorded in the Register of Shareholders of Baidu Netcom and registered with the competent applicable authority of industrial and commercial authorityadministration, and shall remain in effect until two (2) years after all Secured Obligations obligations under the Principal Agreement have been fulfilled.
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Samples: Equity Pledge Agreement (Baidu, Inc.), Equity Pledge Agreement (Baidu, Inc.)
Term of the Pledge. 3.2.1 The Pledge shall take effect as of the date when the pledge of the Equity Interest is recorded in the Register of Shareholders of Baidu Netcom Perusal and when the pledge is registered with the competent industrial Administration for Industry and commercial authority, Commerce and shall remain in effect until two (2) years after all Secured Obligations the obligations under the Principal Agreement will have been fulfilled.
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