Pledge Period Sample Clauses

Pledge Period. The equity pledge under this Agreement shall be established from the date when it is registered in the administrative department for industry and commerce of Party C, and shall be terminated when all the master contracts have been fulfilled, expired or terminated (whichever is later). Within the pledge period, if Party B, Party C, and/or their legal assignees or successors fail to fulfill any of their obligations under any master contract, or any event of default under Article 8.1 of this Agreement occurs, Party A shall have the right to dispose of the pledge equity according to the provisions of this Agreement.

Pledge Period. The pledge right shall be established from the date when the pledge of the Pledged Equity under the Agreement is registered with the corresponding industrial and commercial administrative authority, and shall be in existence until the Guaranteed Debts have been fully paid off and the Contractual Obligations have been fully performed.

Pledge Period. 3.1 The Pledge Period commences on the execution of this Contract and ends when all obligations of Party C and the Pledgors under the Transaction Documents are fully performed. During the Pledge Period, if Party C and the Pledgors fail to perform or to fully perform their obligations under the Transaction Documents, the Pledgee shall have the right (but not obligation) to dispose of the Equity according to the provisions hereof. 3.2 The Pledge shall be created when it is registered with the administration for industry and commerce at the place of Party C (“Registration Authority”). The Parties agree that the Pledgors and the Pledgee shall submit the registration application for creation of equity pledge with the Registration Authority according to the Measures for the Registration of Equity Pledge at Administrative Departments for Industry and Commerce within seven (7) working days as of execution hereof or any longer period consented by the Pledgee in writing. The Pledgors and the Pledgee shall use their best efforts to complete the registration of the Pledge over the entire Equity of Party C hereunder with the Registration Authority, receive the registration notice from the Registration Authority, and ensure the Registration Authority record the equity pledge completely and accurately in the equity pledge register.

Pledge Period. 3.1 The Pledge Rights shall take effect from the date when the equity pledge hereunder is registered with the competent administration for market regulation, and shall remain effective until (1) all Contractual Obligations have been fulfilled and all Guaranteed Debts have been repaid; or (2) subject to Chinese Laws, the Pledgee and/or its designated person decide to purchase all equity of Party C held by the ▇▇▇▇▇▇▇ in accordance with the Exclusive Option Agreement, the equity of Party C has been lawfully transferred to the Pledgee and/or its designated person, and the Pledgee and its designated person can lawfully engage in Party C’s business. The ▇▇▇▇▇▇▇ and Party C shall: (1) register the Pledge Rights hereunder on the register of shareholders of Party C within 3 working days from the date of this Agreement; and (2) apply for registration of the Pledge Rights hereunder with the competent administration for market regulation within 30 working days from the date of this Agreement. The Parties agree that, in order to handle the procedures for the registration of the equity pledge, the Parties and other shareholders of Party C shall submit this Agreement, or an equity pledge contract executed in the form required by the administration for market regulation of the place where Party C is located which truthfully reflects the pledge information hereunder (the “Pledge Contract for Registration Purpose”), to the competent administration for market regulation. In case of any matter not mentioned in the Pledge Contract for Registration Purpose, this Agreement shall apply. The ▇▇▇▇▇▇▇ and Party C shall submit all necessary documents and complete all necessary procedures in accordance with Chinese Laws and regulations and the requirements of competent administration for market regulation, to ensure that the Pledge Rights are registered as soon as possible after submitting the application. From the effective date of this Agreement, the Original Agreement shall immediately become null and no longer have any effect. 3.2 During the Pledge Period, if the ▇▇▇▇▇▇▇ and/or Party C fail to fulfill their Contractual Obligations or repay the Guaranteed Debts, the Pledgee shall be entitled (but not obligated) to exercise the Pledge Rights in accordance with the provisions of this Agreement.

Pledge Period. 3.1 The share pledge under this Agreement shall be created from the date when it is entered in the shareholder register and registered with the industrial and commercial administrative department, and remain valid until (1) all the Master Agreements are fully performed and terminated; (2) the amount owned by Jiayin Finance to the Pledgee is fully paid; and (3) any and all losses caused to the Pledgee by the Pledgor or Jiayin Finance by violating the obligations under the Master Agreements are fully settled. It is agreed, as of the date hereof, the Pledgor and Jiayin Finance shall enter the Pledge Right hereunder in the shareholder register of Jiayin Finance, and as of the date required by the Pledgee, apply to the relevant industrial and commercial administrative department for registration of the Pledge Right under this Agreement; the Pledgor and Jiayin Finance shall submit all necessary documents and go through all necessary formalities in accordance with the requirements of PRC laws and regulations and the relevant industrial and commercial administrative department. 3.2 Within the Pledge Period, if Jiayin Finance or the Pledgor fails to perform their obligations under the Master Agreements, the Pledgee shall have the right (but not the obligation) to dispose of the Pledge Right in accordance with this Agreement and relevant PRC laws and regulations.

Pledge Period. 1. The validity period of the pledge under this Agreement (hereinafter referred to as the “Pledge Period”) shall be two years from the expiration of the period for the performance of all debts under the Agreements. 2. Within the Pledge Period, if Party B and Party C fail to fulfill their obligations under the Agreements, Party A shall be entitled to dispose of the pledge in accordance with the provisions of Article IX below.

Pledge Period. 3.1.1 The equity pledge hereunder shall come into force as of the date when it is recorded in the register of members of Dingyuan Company and registered at the administration for industry and commerce concerned (if necessary), and the validity period of pledge shall be the same as the longest validity period of the Agreements (including those after the extension). 3.1.2 In the validity period of pledge, if the Pledgor and/or Dingyuan Company fail(s) to perform the obligations under the Agreements, the Pledgee is entitled to exercise the pledge right in accordance with the Agreement after issuing a reasonable notice. 3.1.3 In the period of equity pledge, if the Pledgor subscribes for the additional registered capital of Dingyuan Company or accepts the transferred equities of Dingyuan Company held by other pledgors ("additional equities"),the additional equities will automatically become the pledged equities hereunder, and the Pledgor shall complete the formalities necessary for the pledge of the additional equities with the Pledgee within ten working days upon acquisition of the additional equities. In case of failure to complete the relevant formalities in accordance with the foregoing provisions, which is attributed to the Pledgor, the Pledgee has the right to exercise the pledge right immediately in accordance with the Agreement.

Pledge Period. 3.1 The Pledge Period commences on the execution of this Contract and ends when all obligations of Party C and the Pledgors under the Transaction Documents are fully performed. During the Pledge Period, if Party C and the Pledgors fail to perform or to fully perform their obligations under the Transaction Documents, the Pledgee shall have the right (but not obligation) to dispose of the Equity according to the provisions hereof. 3.2 The Pledge shall be created when it is registered with the administration for industry and commerce at the place of Party C (“Registration Authority”).

Pledge Period. 4.1 The Pledge continues to be valid and the Pledge Period terminates on the earliest of the following three dates: (1) the date on which the outstanding secured debt has been fully paid or is to be repaid by other applicable manners; (2) the date on which the Pledgee exercises the pledge rights according to the terms and conditions of this Agreement to fully realize its rights for secured debt and Pledge Shares; or (3) the date on which the Pledgor transfers all its shares to the Pledgee or a third party (natural or legal person) designated by the Pledgee according to the Exclusive Option Agreement and no longer holds the shares of the Company. 4.2 During the Pledge Period, if the Pledgor or the Company or its subsidiary fails to perform their respective obligations under Main Agreements, the Pledgee is entitled to dispose of the Pledged Shares in accordance with the provisions of this Agreement. 4.3 The Pledgee is entitled to receive any or all dividends or other distributable interests arising from the Pledged Shares and to determine the distribution or disposal of such dividends or interests at its discretion.