Common use of Equity Pledge Clause in Contracts

Equity Pledge. In order for proper performance of the obligations hereunder, the Lender and the Borrower enter into an Equity Pledge Agreement after completed the shareholder registration in Industrial and Commercial Bureau , whereby the Borrower places in pledge the stock equity it holds in Tianjin Jinhu and all other rights associated with the shareholding.

Equity Pledge. In order for proper performance of the obligations hereunder, the Lender and the Borrower enter into an Equity Pledge Agreement after completed the shareholder registration in Industrial and Commercial Bureau Agreement, whereby the Borrower places in pledge the stock equity it holds in Tianjin Jinhu ▇▇ ▇▇ Jia Xun and all other rights associated with the shareholding.