Examples of Pledgee in a sentence
The Pledgee is a wholly foreign-owned enterprise legally incorporated and existing under the laws of the PRC.
The Pledgee shall not be liable for any loss or depreciation in the value of the Pledged Collateral.
When all of the Obligations have been satisfied to the Pledgee’s satisfaction, the Pledgee will re-deliver the remaining Pledged Securities to the Pledgor, if any, or the proceeds of any sale of the Pledged Securities to the extent remaining, if any, after giving effect to the satisfaction of the Obligations in full in accordance with the terms of this Agreement.
Pledgor hereby further authorizes the Pledgee to file at Pledgor’s cost and expense one or more financing or financing change statements, and amendments thereto, relative to all or any part of the Pledged Collateral without the signature of Pledgor where permitted by applicable laws.
This Agreement shall be a continuing agreement and the Pledged Collateral is in addition to and not in substitution for any other security held by the Pledgee and the taking of a judgment or judgments under any of the covenants herein contained shall not operate as a merger of such covenants or suspend the fulfillment of, or affect the rights, remedies and powers of the Pledgee in respect of the Obligations or any Pledged Collateral held by the Pledgee hereunder.