Registration of the Pledge Sample Clauses

Registration of the Pledge. Immediately upon signature of this Agreement and in relation to the Pledged Account, the Pledgor shall execute in the French language a statement of pledge related to such Pledged Account (the “Statement of Pledge”) in the form of Schedule 2, transmit an executed copy of the Statement of Pledge of the Pledged Accounts to the Account Holder of the Financial Instruments Account and to the Bank Account Holder of the Bank Account and request :
AutoNDA by SimpleDocs
Registration of the Pledge. 4.1. The Parties agree that, Pledgors and the Target Company shall register the Pledge in the register of members of the Target Company as of the execution date of this Agreement and submit an application to the administrations of industry and commerce for the registration of the pledge contemplated herein within 20 business days following the execution of this Agreement; in addition, Pledgors and the Target Company shall submit all necessary documents and go through all necessary formalities in accordance with PRC laws and regulations and requirements of competent administrations of industry and commerce.
Registration of the Pledge. 4.1 Within three (3) Business Days of the date of this Agreement, the Pledgors shall submit to the Archive all notices, applications and statements necessary for registering the Pledge as a first ranking priority pledge over the Shares in favour of the Security Agent and shall provide the Security Agent with evidence that this obligation has been complied with in the form of a security standard notice issued by the Archive, to be delivered within five (5) Business Days of the date of this Agreement.
Registration of the Pledge. 1. The Pledgor must proceed with the registration procedures for the pledge within 5 days after this contract becomes effective and deliver all documentation to the Pledgee for safekeeping.
Registration of the Pledge. The Shareholders shall within fifteen (15) days after execution of this Pledge Agreement or any Amendment (as defined below) entered into in accordance with Section 6, register this Pledge Agreement or such Amendment, together with its sworn translation into the Portuguese language, with the competent Registry of Titles and Deeds (Cartorio de Registro de Titulos e Documentos) in Brazil, and deliver to the Collateral Agent evidence of such registration in form and substance reasonably satisfactory to the Collateral Agent. All expenses incurred in connection with such sworn translation and with such registrations shall be paid by the Shareholders.
Registration of the Pledge. Pursuant to Article 4 of Law No. 1447, a pledge agreement shall be entered into between the pledgor and pledge. The pledge agreement must be prepared by a Turkish Notary Public located at the same district where the commercial enterprise is registered; the assets which are within the scope of such pledge should be listed in the pledge agreement. The pledge agreement must be registered with the relevant Trade Registry where the commercial enterprise subject to pledge is registered. As per Article 5 of Law No. 1447, the commercial enterprise pledge shall be effective as of the date of registration with the Trade Registry. The address and the trade name of the pledgee are registered with the relevant Trade Registry together with the amount of the receivable and the applicable interest thereon. Following the registration of the commercial enterprise pledge with the relevant Trade Registry, such commercial enterprise pledge shall also be registered with the relevant registry offices with respect to the assets that are listed in the commercial enterprise pledge such as vehicles, trademarks, etc. More than one pledge shall be established over the commercial enterprise of a legal entity. In this case, rights of the pledgees shall be determined in accordance with the dates of their registrations of the pledges with the relevant Trade Registry. In other words, a commercial enterprise pledge with an earlier date shall rank prior to a pledge registered at a later date. A commercial enterprise pledge does not prevent the legal entity from performing its ordinary business. However, such legal entity is required to obtain thepermission of the pledgee in order to transfer, assign to a third party, change location, grant any encumbrance over or change the commercial enterprise or any of the assets that constitutes part of the pledge. In case of any change in the assets within the scope of the pledge, such change is required to be reflected and updated in the list, which again shall be made by a Turkish Notary Public. Pursuant to Law No. 1447, in the event of the transfer of the commercial enterprise subject to pledge to any third party, the pledgee can assert its rights arising from the commercial pledge agreement against the said third party who acquired the commercial enterprise after the registration of the pledge.
Registration of the Pledge. 6.1. On the date of execution of this Agreement the Pledgor shall record the Pledge created under this Agreement in the register of pledges of the Pledgor and shall provide a certified extract of such entry to the Pledgee. The Pledgor shall maintain the register of pledges during the entire Security Period, and shall be obliged to provide immediate access of the Pledgee to the original of the register of pledges for its examination by the Pledgee.
AutoNDA by SimpleDocs
Registration of the Pledge. 5.2.1 Party C shall complete the registration of the equity pledge within 15 days of the receipt of RMB40 million by Party A from Party B as the source plasma price under the previous cooperation agreement. The equity pledge agreement signed by Party B and Party C shall be for the registration purpose only. If there is any inconsistency between the equity pledge agreement and this Agreement, this Agreement shall prevail.
Registration of the Pledge. Immediately upon signature of this Agreement and in relation to the Pledged Accounts, the Pledgor shall, for each of the Pledged Accounts, execute in French a statement of first ranking pledge related to the concerned Pledged Account (each, a “Statement of Pledge” and together, the “Statements of Pledge”) (“déclarations de nantissement de compte de titres financiers”) in the form of Schedule 1, transmit an executed copy of such Statement of Pledge to the concerned Company as Account Holder of the concerned Financial Securities Account and to the Bank Accounts Holder as account holder of the concerned Bank Account and request:
Registration of the Pledge. 4.1 The Pledgor agrees and undertakes to:
Time is Money Join Law Insider Premium to draft better contracts faster.