Common use of Sale of Pledged Securities Clause in Contracts

Sale of Pledged Securities. If any Event of Default shall have occurred and be continuing, the Pledgee shall have the right, for and in the name, place and stead of the Pledgors, to execute endorsements, assignments or other instruments of conveyance or transfer with respect to all or any of the Pledged Securities and the other Collateral.

Appears in 2 contracts

Samples: Pledge Agreement (Amerex Group, Inc.), Pledge Agreement (Huifeng Bio-Pharmaceutical Technology, Inc.)

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Sale of Pledged Securities. If any Event of Default shall have occurred and be continuing, the Pledgee shall have the right, for and in the name, place and stead of the PledgorsPledgor, to execute endorsements, assignments or other instruments of conveyance or transfer with respect to all or any of the Pledged Securities and the other Collateral.

Appears in 2 contracts

Samples: Pledge Agreement (Future Now Group Inc.), Pledge Agreement (Huifeng Bio-Pharmaceutical Technology, Inc.)

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