Common use of Pledge Period Clause in Contracts

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 equity pledge under this Agreement shall be established from the date when it is registered in of its registration with the administrative industrial and commercial administration department for industry and commerce of Party C, and shall be terminated when terminate upon the completion, lapse or termination of all the master main contracts have been fulfilled, expired or terminated (whichever is later). Within After the termination, Party B shall cancel the registration of the equity pledge and the equity pledge of the industrial and commercial registration authority. During the pledge period, if Party B, Party C or Party C, and/or their legal assignees or successors 's subsidiaries fail to fulfill any of their obligations under any master principal contract, or any event of default under Article 8.1 6.1 of this Agreement occursAgreement, Party A shall have has the right to dispose disposal of the pledge equity according to of shares in accordance with the provisions of this Agreement.

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 exercise 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.