Pledge Agreement of Accounts Receivable(Maximum Amount) (文件编号/Ref No.: CL201606008-AR)Pledge Agreement of Accounts Receivable • September 14th, 2018 • Borqs Technologies, Inc. • Services-computer integrated systems design
For the security of the well performance of the obligations under the Principal Contract (as defined hereunder) by the Debtor (as defined hereunder) and ensuring the recovery of the Pledgee’s right of credit, the Pledgor hereof agrees to set up a pledge to the Pledgee with the Accounts Receivable stipulated hereunder, and to designate the Pledgee hereunder as the first-priority pledgee.
