Covenants of Pledgors. 6.1 During the effective term of this Agreement, the Pledgors promise to the Pledgee for its benefit that the Pledgors shall:
Covenants of Pledgors. 7.1 For the benefit of Pledgee, Pledgors hereby make the following covenants, during the term of this Agreement:
Covenants of Pledgors. Each Pledgor covenants and agrees that (i) without the prior written consent of Secured Party, Pledgor will not sell, assign, transfer, pledge, or otherwise encumber any of its rights in or to the Collateral, or any unpaid dividends, interest or other distributions or payments with respect to the Collateral or gxxxx x Xxxx in the Collateral, unless otherwise expressly permitted by the Purchase Agreement; (ii) Pledgor will, at its expense, promptly execute, acknowledge and deliver all such instruments and take all such actions as Secured Party from time to time may request in order to ensure to Secured Party the benefits of the Liens in and to the Collateral intended to be created by this Agreement, including the filing of any necessary Code financing statements (or equivalents thereof in any foreign countries), which may be filed by Secured Party with or (to the extent permitted by law) without the signature of Pledgor, and will cooperate with Secured Party, at Pledgor’s expense, in obtaining all necessary approvals and making all necessary filings under federal, state, local or foreign law in connection with such Liens or any sale or transfer of the Collateral; (iii) Pledgor has and will defend the title to the Collateral and the Liens of Secured Party in the Collateral against the claim of any Person and will maintain and preserve such Liens; (iv) Pledgor will assist the Pledged Entities in defending Secured Party’s right, title and security interest in and to the Pledged Securities and the proceeds thereof against the claims and demands of all persons whomsoever; (v) Pledgor will have like title to and right to pledge any other property at any time hereafter pledged to Secured Party as Collateral hereunder and will likewise defend the right thereto and security interest therein of Secured Party; and (vi) Pledgor will not, with respect to any Collateral, without the prior written consent of Secured Party enter into any shareholder agreements, voting agreements, voting trusts, trust deeds, irrevocable proxies or any other similar agreements or instruments except to the extent permitted under the Purchase Agreement.
Covenants of Pledgors. Each Pledgor shall:
Covenants of Pledgors. So long as this Agreement is in effect, the Pledgors covenant and agree that they (a) shall defend the right, title and interest of Pledgees in and to the Pledged Equity Interests against the claims and demands of any Person other than Pledgees; (b) shall not create, incur, assume, or permit to exist any Lien or security interest or option in favor of, or any claim of any Person with respect to, any of the Pledged Equity Interests, whether now held or hereafter subscribed, except for the first priority security interest created herein; (c) shall not sell, transfer, assign, pledge, deliver, transfer in trust, grant, usufruct or otherwise dispose of, or grant any option with respect to, any such Pledged Equity Interests or any interest therein without the prior written consent of Pledgees; (d) shall execute and deliver to Pledgees such documents in favor of Pledgees and do such things relating to the first priority security interest created herein as Pledgees may reasonably request in order to protect and maintain the first priority security interest and to protect and preserve the Pledged Equity Interests, and pay all reasonable costs arising from or in connection therewith; (e) shall pay any and all taxes, assessments, and other charges of any nature which may be imposed, levied, or assessed against or with respect to the Pledged Equity Interests or in connection with any Distributions (other than taxes payable by Issuer in connection with such Distributions); and (f) shall cause Issuer to pay taxes payable by Issuer in connection with such Distributions.
Covenants of Pledgors. Each Pledgor hereby covenants and agrees as follows:
Covenants of Pledgors. So long as any of the Secured Obligations shall remain unpaid, each Pledgor jointly and severally covenants and agrees that it will:
Covenants of Pledgors. During the term hereof, each Pledgor covenants as follows:
Covenants of Pledgors. 6.1 During the Term, the Pledgors represent and warrant to the Pledgee for the Pledgee’s benefit that the Pledgors shall: Equity Pledge Agreement SHANDONG LONGKANG JUICE
Covenants of Pledgors. Each Pledgor hereby covenants that, until the release of the Collateral from the pledge granted hereunder pursuant to the terms of the Indemnification Agreement, he or it shall (i) defend the Operating Partnership’s and/or the Company’s, as the case may be, right, title and security interest in and to the Collateral against the claims of any Person, (ii) at any time, and from time to time, upon the written request of the Operating Partnership and/or the Company, execute and deliver such further documents and do such further acts and things as the Operating Partnership and/or the Company may reasonably request to effect the purposes of this Agreement, (iii) not grant or convey any Lien on all or any portion of the Collateral or any interest therein other than the Lien contemplated by this Agreement, (iv) not sell, assign, pledge or transfer the Collateral without the prior written consent of the Operating Partnership and the Company which the Operating Partnership and the Company may grant or withhold in their sole and absolute discretion, (v) cooperate fully with the Operating Partnership and the Company in their efforts to preserve the Collateral and to take such actions to preserve the Collateral as the Operating Partnership and the Company may in good faith direct, and (vi) deliver immediately any certificates that may be issued following the date of this Agreement representing Pledgor OP Units, Pledgor Common Shares or other Collateral, and to execute and deliver one or more transfer powers, in form and content reasonably satisfactory to the Operating Partnership or the Company (as directed) to which the Pledgors assign, in blank, such Pledgor OP Units, Pledgor Common Shares and other Collateral.
