Assignment and Pledge. 2.1 The Pledgor agrees to pledge all its equity interest in Shanghai Mtone to the Pledgee. Pledge under this Agreement refers to the rights owned by the Pledgee who shall be entitled to have priority in receiving payment by the evaluation or proceeds from the auction or sale of the equity interests pledged by the Pledgor to the Pledgee.
Appears in 2 contracts
Sources: Equity Interests Pledge Agreement (Mtone Wireless Corp), Equity Interests Pledge Agreement (Mtone Wireless Corp)
Assignment and Pledge. 2.1 The Pledgor agrees to pledge all its equity interest in Shanghai Mtone Unlink to the Pledgee. .
2.2 Pledge under this Agreement refers to the rights owned by the Pledgee who shall be entitled to have priority in receiving payment by the evaluation or proceeds from the auction or sale of the equity interests pledged by the Pledgor to the Pledgee.
Appears in 2 contracts
Sources: Equity Interests Pledge Agreement (Linktone LTD), Equity Interests Pledge Agreement (Linktone LTD)