Common use of Termination of Pledge Clause in Contracts

Termination of Pledge. 6.1 The pledge shall be terminated automatically upon termination of Technology Service Agreement and full discharge of the Secured Debt. In such case, as requested by Pledgors, Pledgee shall sign a written document to terminate the equity pledge created hereunder and submit such document to Pledgors, or assist Pledgors in handling other procedures for terminating the equity pledge hereunder. 6.2 Subject to the provisions in the preceding paragraph, the equity pledge hereunder shall not be terminated without Pledgee’s prior written consent.

Termination of Pledge. 6.1 The pledge shall be terminated automatically upon termination of Technology Service Exclusive Cooperation Agreement and full discharge of the Secured Debt. In such case, as requested by PledgorsPledgor, Pledgee shall sign a written document to terminate the equity pledge created hereunder and submit such document documentation to PledgorsPledgor, or assist Pledgors Pledgor in handling other procedures for terminating the equity pledge hereunder. 6.2 Subject to the provisions in the preceding paragraph, the equity pledge hereunder shall not be terminated without Pledgee’s prior written consent.

Termination of Pledge. 6.1 The pledge shall be terminated automatically upon termination of Technology Service Agreement and full discharge of the Secured Debt. In such case, as requested by PledgorsPledgor, Pledgee shall sign a written document to terminate the equity pledge created hereunder and submit such document documentation to PledgorsPledgor, or assist Pledgors Pledgor in handling other procedures for terminating the equity pledge hereunder. 6.2 Subject to the provisions in the preceding paragraph, the equity pledge hereunder shall not be terminated without Pledgee’s prior written consent.

Termination of Pledge. 6.1 The pledge shall be terminated automatically upon termination of the Technology Service Agreement and full discharge of the Secured Debt. In such case, as requested by PledgorsXxxxxxxx, Pledgee shall sign a written document to terminate the equity pledge created hereunder and submit such document to Pledgors, or assist Pledgors Xxxxxxxx in handling other procedures for terminating the equity pledge hereunder. 6.2 Subject to the provisions in the preceding paragraph, the equity pledge hereunder shall not be terminated without PledgeeXxxxxxx’s prior written consent.

Termination of Pledge. 6.1 The pledge shall be terminated automatically upon termination of Technology Service Agreement and full discharge of the Secured Debt. In such case, as requested by PledgorsXxxxxxxx, Pledgee shall sign a written document to terminate the equity pledge created hereunder and submit such document to Pledgors, or assist Pledgors Xxxxxxxx in handling other procedures for terminating the equity pledge hereunder. 6.2 Subject to the provisions in the preceding paragraph, the equity pledge hereunder shall not be terminated without PledgeeXxxxxxx’s prior written consent.

Termination of Pledge. 6.1 The pledge shall be terminated automatically upon termination of Amended and Restated Technology Service Agreement and full discharge of the Secured Debt. In such case, as requested by PledgorsXxxxxxxx, Pledgee shall sign a written document to terminate the equity pledge created hereunder and submit such document to Pledgors, or assist Pledgors Xxxxxxxx in handling other procedures for terminating the equity pledge hereunder. 6.2 Subject to the provisions in the preceding paragraph, the equity pledge hereunder shall not be terminated without PledgeeXxxxxxx’s prior written consent.