Common use of Effect and Term Clause in Contracts

Effect and Term. 12.1 This Agreement shall be effective after it is duly executed by the Parties. The Pledgors shall reflect the Pledge under this Agreement in the shareholders register of the Company and provide to the Pledgee a registration evidencing such reflection in a form acceptable to the Pledgee. 12.2 The term of this Agreement will not end until all Contractual Obligations are fully performed or Secured Indebtedness are fully paid.

Appears in 2 contracts

Sources: Equity Pledge Agreement (ZTO Express (Cayman) Inc.), Equity Pledge Agreement (ZTO Express (Cayman) Inc.)