Common use of Right of Pledge Clause in Contracts

Right of Pledge. 2.1 The Xxxxxxx pledges all Equity in N-S Digital TV, amounting to RMB12,396,900, to the Pledgee as security for the interests held by the Pledgee under the abovementioned Agreements. The amount of the secured debts is RMB12,396,900. The pledge hereunder is to secure the performance by N-S Digital TV and/or the Xxxxxxx of the Agreements, including but not limited to the payment of all fees (including legal fees) and expenses that should be made, and losses, interest, penalties, damages and expenses for realizing creditor’s rights that should be borne by the Xxxxxxx, to the Pledgee under the Agreements, the amount of the secured debts, and the liabilities that should be borne by N-S Digital TV and the Xxxxxxx to the Pledgee in the case of invalidity of all or any part of the Agreements for any reason.

Appears in 1 contract

Samples: Share Pledge Agreement (China Digital TV Holding Co., Ltd.)

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Right of Pledge. 2.1 The Xxxxxxx pledges all Equity in N-S Digital TV, amounting to RMB12,396,900RMB47,479,380, to the Pledgee as security for the interests held by the Pledgee under the abovementioned Agreements. The amount of the secured debts is RMB12,396,900RMB47,479,380. The pledge hereunder is to secure the performance by N-S Digital TV and/or the Xxxxxxx of the Agreements, including but not limited to the payment of all fees (including legal fees) and expenses that should be made, and losses, interest, penalties, damages and expenses for realizing creditor’s rights that should be borne by the Xxxxxxx, to the Pledgee under the Agreements, the amount of the secured debts, and the liabilities that should be borne by N-S Digital TV and the Xxxxxxx to the Pledgee in the case of invalidity of all or any part of the Agreements for any reason.

Appears in 1 contract

Samples: Share Pledge Agreement (China Digital TV Holding Co., Ltd.)

Right of Pledge. 2.1 The Xxxxxxx pledges all Equity in N-S Digital TV, amounting to RMB12,396,900RMB46,855,328, to the Pledgee as security for the interests held by the Pledgee under the abovementioned Agreements. The amount of the secured debts is RMB12,396,900RMB46,855,328. The pledge hereunder is to secure the performance by N-S Digital TV and/or the Xxxxxxx of the Agreements, including but not limited to the payment of all fees (including legal fees) and expenses that should be made, and losses, interest, penalties, damages and expenses for realizing creditor’s rights that should be borne by the Xxxxxxx, to the Pledgee under the Agreements, the amount of the secured debts, and the liabilities that should be borne by N-S Digital TV and the Xxxxxxx to the Pledgee in the case of invalidity of all or any part of the Agreements for any reason.

Appears in 1 contract

Samples: Share Pledge Agreement (China Digital TV Holding Co., Ltd.)

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Right of Pledge. 2.1 The Xxxxxxx pledges all Equity in N-S Digital TV, amounting to RMB12,396,900RMB43,268,392, to the Pledgee as security for the interests held by the Pledgee under the abovementioned Agreements. The amount of the secured debts is RMB12,396,900RMB43,268,392. The pledge hereunder is to secure the performance by N-S Digital TV and/or the Xxxxxxx of the Agreements, including but not limited to the payment of all fees (including legal fees) and expenses that should be made, and losses, interest, penalties, damages and expenses for realizing creditor’s rights that should be borne by the Xxxxxxx, to the Pledgee under the Agreements, the amount of the secured debts, and the liabilities that should be borne by N-S Digital TV and the Xxxxxxx to the Pledgee in the case of invalidity of all or any part of the Agreements for any reason.

Appears in 1 contract

Samples: Share Pledge Agreement (China Digital TV Holding Co., Ltd.)

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