Common use of The Term of Pledge Clause in Contracts

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. 3.1.1 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 SHIPPING AGENCY 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 SHIPPING AGENCY CO., LTD.] fails to pay exclusive technical consulting and service fees in accordance with 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 SHIPPING ONLINE NETWORK 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 SHIPPING ONLINE NETWORK CO., LTD.] fails to pay exclusive technical consulting and service fees in accordance with Service Agreement.

The Term of Pledge. 3.1.1 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 [DALIAN XXXXXXX INTERNATIONAL LOGISTICS CO., LTD.]the Company. 3.1.2 3.2.2 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.] the Company fails to pay exclusive technical consulting and service fees in accordance with the Amended Service Agreement.

The Term of Pledge. 3.1.1 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 [DALIAN XXXXXXX INTERNATIONAL LOGISTICS CO., LTD.]Jxxxxxx Xxxxxxx. 3.1.2 3.2.2 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.] Jxxxxxx Xxxxxxx fails to pay exclusive technical consulting and service fees in accordance with the Service Agreement.