Authorized Action by Secured Party. The Pledgors hereby irrevocably appoint Pledgee the attorney-in-fact of the Pledgors for the purpose of carrying out the security provisions of this Agreement and taking any action and executing any instrument that the Pledgee may deem necessary or advisable to accomplish the purposes of this Agreement. If an event of default occurs, or is continuing, Pledgee shall have the right to exercise the following rights and powers:
Appears in 26 contracts
Samples: Equity Pledge Agreement (TK Star Design, Inc.), Equity Pledge Agreement (China Energy Recovery, Inc.), Share Pledge Agreement (General Red International, Inc.)
Authorized Action by Secured Party. The Pledgors hereby irrevocably appoint Pledgee the attorney-in-fact of the Pledgors for the purpose of carrying out the security provisions of this Agreement and taking any action and executing any instrument that the Pledgee may deem necessary or advisable to accomplish the purposes of this Agreement. If an event Event of default Default occurs, or is continuing, Pledgee shall have the right to exercise the following rights and powers:
Appears in 3 contracts
Samples: Equity Pledge Agreement (Neologic Animation Inc), Equity Pledge Agreement (Amico Games Corp.), Equity Pledge Agreement (China Chemical Holding Co)
Authorized Action by Secured Party. The Pledgors hereby irrevocably appoint Pledgee the attorney-in-fact of the Pledgors for the purpose of carrying out the security provisions of this Agreement and taking any action and executing any instrument that the Pledgee may deem necessary or advisable to accomplish the purposes of this AgreementAgreement in accordance with applicable law. If an event of default occurs, or is continuing, Pledgee shall have the right to exercise the following rights and powers:
Appears in 2 contracts
Samples: Equity Pledge Agreement (Kinglake Resources Inc.), Equity Pledge Agreement (Kinglake Resources Inc.)
Authorized Action by Secured Party. The Pledgors hereby irrevocably appoint Pledgee the attorney-in-fact of the Pledgors Pledgor for the purpose of carrying out the security provisions of this Agreement and taking any action and executing any instrument that the Pledgee may deem necessary or advisable to accomplish the purposes of this Agreement. If an event of default occurs, or is continuing, Pledgee shall have the right to exercise the following rights and powers:
Appears in 1 contract
Authorized Action by Secured Party. The Pledgors Pledgor hereby irrevocably appoint appoints the Pledgee the attorney-in-fact of the Pledgors Pledgor for the purpose of carrying out the security provisions of this Agreement and taking any action and executing any instrument that the Pledgee may deem necessary or advisable to accomplish the purposes of this Agreement. If an event of default occurs, or is continuing, the Pledgee shall have the right to exercise the following rights and powers:
Appears in 1 contract
Samples: Equity Pledge Agreement (China Polypeptide Group, Inc.)