Common use of Pledged Items Clause in Contracts

Pledged Items. Article 8 Party A will provide guarantee by pledging his property. The name, type, quantity, quality and location of such pledged property are listed in the Attachment. Article 9 The appraisal or listed value of the pledged property in the Attachment is for reference only; its final value will be based on the net proceeds at the disposition of such property to realize the pledgee right. Article 10 Party B may request Party A to provide all the valid documents and certificates regarding the pledged property to Party B for safekeeping.