Examples of Release of Pledge in a sentence
For details, please refer to the “Overseas Regulatory Announcement Announcement on the Release of Pledge and Creation of New Pledge against Shares held by the Controlling Shareholder” published by the Company on 26 March 2020.
As a result of the expiry and renewal of the relevant financing agreement, Zhongxingxin has released the aforesaid pledge and created a new pledge, the details of which are set out in the “Overseas Regulatory Announcement Announcement on the Release of Pledge and Creation of New Pledge against Shares held by the Controlling Shareholder” published by the Company on26 March 2020.
For details, please refer to the “Overseas Regulatory Announcement Announcement on the Release of Pledge and Creation of New Pledge against Shares held by the Controlling Shareholder” and “Overseas Regulatory Announcement Announcement on the Release of Pledge on Shares held by the Controlling Shareholder” published by the Company on 26 March 2020 and 15 July 2020, respectively.
The Metallurg Pledge Agreement has been terminated by the Agreement on Release of Pledge dated 13 December 2001 subject to certain conditions which have been complied with.
In addition, a further 7 shopping centres were acquired from an independent party in June 2013.
Notwithstanding the foregoing, upon delivery to the Custodian of a Notice of pledge, the custodian shall thereafter hold the Custodian's Mortgage Files that are the subject of such Notice of Pledge as bailee of, and agent for, the Pledgee identified in such Notice until (a) the Custodian receives from the Pledgee a Release of Pledge with respect to such Custodian's Mortgage Files or (b) the related Custodian's Mortgage Files are released or transferred pursuant to the provisions of this Agreement.
Upon delivery to the Custodian of a Notice of Pledge and until receipt of a Release of Pledge by the Custodian, the Lender's interest in the Pledged Mortgage Loans shall be subject and subordinate to the interest and rights of the Pledgee of such Pledged Mortgage Loans, and the Custodian shall make disposition of the related Custodian's Mortgage Files only in accordance with the terms of this Agreement or with written instructions furnished by the Pledgee.
Divestment of Subsidiaries; Release of Pledge..............................
Upon confirming that the Notice of Release of Pledge correctly reflects the information set forth in Section 4(c) and that, after giving effect to the requested release the Collateral Value would be equal to or greater than the aggregate Purchase Price of the Transactions, the Buyer shall countersign the Notice of Release of Pledge and transmit the countersigned Notice of Release of Pledge to the Trustee.
Upon confirming that the Notice of Release of Pledge correctly reflects the information set forth in Section 2.08(a) and that, after giving effect to the requested release the amount of the Borrowing Base would be equal to or greater than the unpaid principal balance of the Loans, the Lender shall countersign the Notice of Release of Pledge and transmit the countersigned Notice of Release of Pledge to the Trustee.