Pledged Equity Interest definition

Pledged Equity Interest means an Equity Interest that is included in the Collateral at such time.

Pledged Equity Interest means all the Company Equity Interest lawfully owned by the Pledgors and to be pledged to the Pledgee in accordance with this Agreement as the security for the performance of the Contractual Obligations by the Pledgors and the Company (see Appendix 1 for the specific Pledged Equity Interest of each Pledgor), and the increased capital contribution amount and the dividend as provided in Article 2.6 and Article 2.7 of this Agreement.

Pledged Equity Interest shall refer to 30% equity interest in Party C currently held by the Pledgor, representing RMB 4.5 million of the registered capital of Party C, and all of the equity interest hereafter held by the Pledgor in Party C.

Examples of Pledged Equity Interest in a sentence

• Any pledge or other security interest created over all or any part of the Pledged Equity Interest without the prior written consent of the Pledgee shall be invalid.

• The Company hereby agrees to the Pledgors’ pledge of the Pledged Equity Interest to the Pledgee in accordance with the provisions of this Agreement.

• The increased capital contribution amount of the Pledgors in the registered capital of the Company as a result of such capital increase of the Company shall be a part of the Pledged Equity Interest.

• The Pledgors agree that during the term of pledge, the Pledgee has the right to collect any dividend or capital bonus out of the Pledged Equity Interest.

• The Pledgee may exercise its rights to auction or sell the Pledged Equity Interest under this Agreement without first exercising any other remedies for defaults.

More Definitions of Pledged Equity Interest

Pledged Equity Interest means the equity interest of Party C lawfully held by the pledgor in the amount of RMB1,970,750 and all present and future rights and interests based on such equity.

Pledged Equity Interest means all of the existing and future equity interests in Party C legitimately owned by the Pledgor and all of the existing and future rights and interests owned by the Pledgor in respect of such equity interests.

Pledged Equity Interest means 100% of the equity interests in the Target Company lawfully now held and hereafter acquired by Pledgors, and all rights and benefits in connection therewith (including without limitation to dividends from the Pledged Equity).

Pledged Equity Interest means the equity interest legally held by the Pledgors in Shanghai Yibo, of which 50% is held by Xxxx Xxxx and 50% is held by Xxxxxxxx Xxxx.

Pledged Equity Interest has the meaning set forth in the Security Agreement.

Pledged Equity Interest means an Equity Interest that is included in the Collateral at such time, which for the avoidance of doubt shall not include any Equity Interests of any Subsidiary of the Company.

Pledged Equity Interest means 50% of all equity interests in OpCo held by the Pledgor now, representing RMB 500,000 of OpCo’s registered capital, and all the future equity rights and interests in OpCo held by the Pledgor.