Examples of Equity Pledge Agreements in a sentence
The Warrantors shall procure that the relevant MOFCOM approval on the equity pledge contemplated under the Equity Pledge Agreements shall have been obtained within forty (40) Business Days after the Closing Date.
The change of the pledgee under the Equity Pledge Agreements or the mortgagee under the Onshore Mortgages shall be subject to the prior consent of the Company, which shall not be unreasonably withheld, delayed or conditioned.
The Warrantors shall procure that the filing and registration with the relevant administration of industry and commerce with regard to the equity pledge contemplated under the Equity Pledge Agreements shall have been completed within fifty (50) Business Days after the Closing Date.
In addition, the Domestic Company Registered Shareholders have undertaken to the WFOE, among other things, not to transfer or otherwise dispose their respective equity interests in the Domestic Company or any part thereof, and not to create or allow the creation of any security interest or encumbrance thereon (save for the pledge contemplated under the Equity Pledge Agreements) without the prior written consent of the WFOE.
The Equity Pledge Agreements comprise of Equity Pledge Agreement (Guangzhou Daide) and Equity Pledge Agreement (Target Company) which are of substantial similar terms.