The Term of Pledge. 3.2.1 The Pledge of the Equity Interest under this Agreement shall take effect as of the date that the Pledge of the Equity Interest is recorded in the register of shareholders of Baisha Fire Control.
3.2.2 During the Term of Pledge, the Pledgee shall be entitled to foreclose the Pledge in accordance with this Agreement in the event that Baisha Fire Control fails to pay exclusive technical consulting and service fees in accordance with the Service Agreement.
The Term of Pledge. 3.2.1 The Pledge of equity interests under this Agreement shall take effect as of the date when the equity interests under this Agreement are recorded in the Register of Shareholder of Beijing Cool Young Information Technology Co., Ltd. and registered with the competent Administration for Industry and Commerce. The term of the Pledge is the same as the term of Service Agreement.
3.2.2 During the term of the Pledge, the Pledgor shall be entitled to dispose of the Pledge in accordance with this Agreement in the event that Beijing Cool Young Information Technology Co., Ltd. fails to pay exclusive technical Consulting and service fee in accordance with the Service Agreement.
The Term of Pledge. 3.1.1 The Pledge of the Equity Interest under this Agreement shall take effect as of the date that the Pledge of the Equity Interest is recorded in the register of shareholders of [DALIAN XXXXXXX INTERNATIONAL LOGISTICS CO., LTD.].
3.1.2 During the Term of Pledge, the Pledgee shall be entitled to foreclose on the Pledge in accordance with this Agreement in the event that [DALIAN XXXXXXX INTERNATIONAL LOGISTICS CO., LTD.] fails to pay exclusive technical consulting and service fees in accordance with Service Agreement.
The Term of Pledge. 3.2.1 The Pledge shall be effective as of the date that the Pledge is recorded in the register of shareholders of the Company and shall remain effective so long as this Agreement remains in effect.
3.2.2 During the Term of Pledge, Party A shall be entitled to foreclose on the Pledge in accordance with this Agreement in the event that the Company fails to pay the Consulting Fees in accordance with the Service Agreement.
3.2.3 Except as otherwise provided hereunder, Party A shall be entitled to exercise, dispose of or assign the Pledge in accordance with this Agreement.
The Term of Pledge. 3.2.1 Pledge Contract shall take effect as of the date when the equity interests under this Agreement are recorded in the Register of Shareholder of Shanghai Weilan and registered with the competent Administration for Industry and Commerce. The term of the Pledge is the same with the term of Service Agreement.
The Term of Pledge. 3.2.1 The Pledge shall take effect as of the date that the Pledge is recorded in the register of shareholders of the Company and shall remain effective so long as this Agreement remains in effect.
3.2.2 During the term of Pledge, Pledgee shall be entitled to foreclose on the Pledge in accordance with this Agreement in the event that the Company fails to pay the Consulting Service Fee in accordance with the Service Agreement.
The Term of Pledge. 3.2.1 This Agreement shall take effect as of the date when the equity interests under this Agreement are recorded in the Register of Shareholder of Beijing eLong and registered with the competent Administration for Industry and Commerce. The term of the Pledge is the same with the term of Service Agreement.
3.2.2 During the period, the Pledgor shall be entitled to dispose the Pledge in accordance with this Agreement in the event that Beijing eLong fails to pay exclusive technical Consulting and service fee or software license in accordance with the Service Agreement or fails to perform the obligations of “Trademark License Agreement” “Domain name Agreement” “Business Operation Agreement” or “Cooperation Agreement”
The Term of Pledge. 3.2.1 This Agreement shall take effect as of the date when the equity interests under this Agreement are recorded in the Register of Shareholder of Asia Media and registered with the competent Administration for Industry and Commerce. The term of the Pledge is the same with the term of Service Agreement.
3.2.2 During the period, the Pledgor shall be entitled to dispose the Pledge in accordance with this Agreement in the event that Asia Media fails to pay exclusive technical Consulting and service fee or software license in accordance with the Service Agreement or fails to perform the obligations of “Trademark License Agreement” or “Business Operation Agreement”.
The Term of Pledge. The Pledge Right hereunder shall be set up from the date as of registration of Pledge with administration for industry and commerce. The term of this Agreement shall end upon the full performance of the contractual obligations or the full discharge of the Secured Liabilities.
The Term of Pledge. 4.1 The Pledge shall be continuously valid and the term of the Pledge ends at the earliest of the following three dates: (1) the date on which the unpaid secured obligation has been fully settled or otherwise repaid; (2) the date on which the Pledgee exercises the Pledge in accordance with the terms and conditions of this Agreement to fully realize its rights to the secured obligation and the Pledged Equity; or (3) the date on which the Pledgors have transferred all of its equity to a third party (natural or legal person) and no longer holds the Company’s equity in accordance with the Exclusive Option Agreement.
4.2 During the term of the Pledge, in the event the Pledgee or the Company fail to perform any of their respective obligations in accordance with the Principal Agreements, the Pledgee shall have the right to dispose of the Pledged Equity in accordance with the provisions of this Agreement.
4.3 The Pledgee shall have the right to collect any and all dividends or other distributable benefits accrued on the equity and distribute or dispose such dividends or other distributable benefits at its sole discretion.
