Exercise of the Right of Pledge. 5.1 In the event that the Pledgor fails to pay off its debts under the Loan Agreement or the Share Rights Agreement to the Pledgee on time, or Weimeng fails to perform its payment obligation or other relevant obligations to the Pledgee under the Trademark License Agreement or the Technical Services Agreement, or the Pledgor breaches its responsibilities or obligations under this Agreement, the Pledgee shall be entitled to, within a scope permitted by the applicable laws, exercise the right of pledge at any time it considers appropriate within the duration of the right of pledge and in a method it considers appropriate. Such methods shall include but not be limited to:
Exercise of the Right of Pledge. 8.1 Party B shall not transfer or assign the Equity Interest without prior written approval from Party A prior to the full repayment of the Consulting Fees under the Service Agreement.
Exercise of the Right of Pledge. 7.1. Upon the occurrence of an Event of Statutory Default, the Pledgee has, with due regard to the relevant provisions of the Existing Rights of Pledge, the right to exercise all rights and powers which the Pledgee has under the laws of Curaçao as holder of a right of pledge over the Shares and the Pledgee shall be authorized to sell the Shares or part thereof, in accordance with Section 3:248 of the CCC, without prejudice to the provision of Section 3:251 of the CCC, in order to recover the proceeds thereof.
Exercise of the Right of Pledge. 7.1 The Pledgor shall not transfer the Pledged Equity Interest before his obligations under the Loan Agreement have been fully performed and without the prior written consent of the Pledgee.
Exercise of the Right of Pledge. 8.1 Before all obligations under the Main Agreements are fulfilled, the Xxxxxxx shall not transfer the Pledged Equity without prior written consent of the Pledgee.
Exercise of the Right of Pledge. 8.1 Without the written consent of the Pledgee, no Pledgor may transfer its Equity in Party C.
Exercise of the Right of Pledge. 8.1 Until full discharge and performance of all fees and obligations under the Agreements, the Xxxxxxx may not transfer the Equity without written approval of the Pledgee.
Exercise of the Right of Pledge. 8.1 Until full repayment of the loans under the Loan Agreement (Appendix 1), the Xxxxxxx may not transfer the Equity without written approval of the Pledgee.
Exercise of the Right of Pledge. 8.1 Prior to the settlement in full of the Secured Debts and without the written consent of the Pledgee, no Pledgor may transfer its Equity in Party C or pledge the Equity to any third party.
Exercise of the Right of Pledge. 7.1. Upon the occurrence of an Event of Statutory Default, the Pledgee has, with due regard to the relevant provisions of the Existing Rights of Pledge, the right to exercise all rights and powers which the Pledgee has under the laws of the Netherlands Antilles as holder of a right of pledge over the Shares and the Pledgee shall be authorized to sell the Shares or part thereof, in accordance with Section 3:248 of the NACC, without prejudice to the provision of Section 3:251 of the NACC, in order to recover the proceeds thereof.
