Common use of Entry into force and term Clause in Contracts

Entry into force and term. 3.1 The Agreement shall take effect on the date when the Parties’ authorized representatives have executed the Agreement. The pledge right under the Agreement will be established on the day when the competent administration for industry and commerce applicable to the Company completes the pledge registration procedures for the Pledged Equity.

Entry into force and term. 3.1 The This Agreement shall take effect on from the date of signing by the authorized representatives of the parties. The pledge under this Agreement shall become effective as from the date when the Parties’ authorized representatives have executed the Agreement. The registration of pledge right under the Agreement will be established on the day when the competent administration for industry and commerce applicable to the Company completes the pledge registration procedures for the Pledged EquityEquity is completed by the Company’s competent industrial and commercial administration authority.