Assignment by the Pledgee. The Pledgee may transfer or assign at any time any and all of its rights and obligations under this Agreement to its designated person(s) (legal or natural), in which case the assignees shall have the rights and obligations of the Pledgee under this Agreement, as if it were a party to this Agreement. If the Pledgee changes as the result of a transfer or assignment, the new parties to the Pledge shall execute a new pledge contract.
Appears in 2 contracts
Sources: Equity Pledge Agreement (China Cablecom Holdings, Ltd.), Equity Pledge Agreement (China Cablecom Holdings, Ltd.)