Nature of the Pledge Sample Clauses

Nature of the Pledge. It is expressly acknowledged by the Buyers that, notwithstanding any right or authority granted to the Buyers herein or in any other agreement or instrument to deal with the Collateral, it is the intention of the Buyers and the Secured Party that: (i) effective as of the date hereof, the Pledge will operate and be construed as a fixed and specific charge of all Collateral in respect of which the Buyers currently have rights, and as a fixed and specific charge of all after-acquired Collateral which will attach forthwith upon the Buyers acquiring rights therein, and (ii) the Pledge will neither operate nor be construed as a floating charge.
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Nature of the Pledge. 4.1 The illegality or invalidity of the whole or part of the Loan Agreement and Service Agreement, and all other guarantees for them shall not affect the validity of this Agreement and/or the obligations and responsibilities of Pledgors of this Agreement.
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Nature of the Pledge. 8.1 质押应不受质押权人持有的义务上的任何其他质押或担保权益的影响， 并且不影响其他质押和担保权益的效力。 This Pledge shall not be affected by any other pledge or security interest of the obligation held by the Pledgee, and shall not affect the effectiveness and validity of any other pledge and security interest.
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Related to Nature of the Pledge

  • Term of the Pledge shall refer to the term set forth in Section 3 of this Agreement.

  • The Pledge As collateral security for the timely and complete payment and performance when due (whether at stated maturity, by acceleration or otherwise) of any or all of the payments due by Party C, including without limitation the consulting and services fees payable to the Pledgee under the Business Cooperation Agreement, Pledgor hereby pledges to Pledgee a first security interest in all of Pledgor’s right, title and interest, whether now owned or hereafter acquired by Pledgor, in the Equity Interest of Party C.

  • Exercise of the Pledge 8.1 The Pledgee shall issue a written Notice of Default to the Pledgor when it exercises the Pledge.

  • UNDERTAKINGS OF THE PLEDGOR Unless otherwise permitted by the Principal Finance Documents, during the term of this Agreement, the Pledgor undertakes to the Pledgee:

  • Method of Realizing Upon the Pledged Property Other Remedies. Upon the occurrence of an Event of Default, in addition to any rights and remedies available at law or in equity, the following provisions shall govern the Secured Party's right to realize upon the Pledged Property:

  • Delivery of the Pledged Collateral Each Pledgor hereby agrees that:

  • Voting Rights in Respect of the Pledged Collateral (i) So long as no Event of Default shall have occurred and be continuing, to the extent permitted by law, each Pledgor may exercise any and all voting and other consensual rights pertaining to the Pledged Collateral of such Pledgor or any part thereof for any purpose not inconsistent with the terms of this Pledge Agreement or the Credit Agreement; and

  • TRANSFER BY THE PLEDGORS No Pledgor will sell or otherwise dispose of, grant any option with respect to, or mortgage, pledge or otherwise encumber any of the Collateral or any interest therein (except as may be permitted in accordance with the terms of the Credit Agreement).

  • NO STRIKE PLEDGE The Union agrees that during the life of this Agreement, its agents, or its members shall not authorize, instigate, aid, or engage in any work stoppage, slowdown, sick-out, refusal to work, picketing, or strike against the District. If, during the life of this Agreement, the employees, for whatever reason engage in the aforementioned provisions, the Union shall immediately publicly order the striking employees to discontinue such action through the local media. Failure of the Union to take such action shall be subject to enforcement by the ordinary process of law.

  • Nature of the Grant In signing this Agreement, the Participant acknowledges that:

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