Common use of Term of the Pledge Clause in Contracts

Term of the Pledge. (1) The Pledge shall take effect on the Execution Date and shall subsist and continue to be in force until the earlier of the date upon which (i) the Closing under the Share Purchase Agreement shall have been consummated, (ii) the Share Purchase Agreement shall have been properly terminated in accordance with Article 8 of the Share Purchaser Agreement, or (iii) the Secured Obligations shall have been performed or extinguished in full.

Term of the Pledge. (1) The Pledge shall take effect on the Execution Date and shall subsist and continue to be in force until the earlier of the date upon which (i) the Closing under the Share Purchase Agreement shall have been consummated, or (ii) the Share Purchase Agreement shall have been properly terminated in accordance with Article 8 of the Share Purchaser Agreement, or (iii) the Secured Obligations shall have been performed or extinguished in full.

Term of the Pledge. (1) The Pledge shall take effect on the Execution Date and shall subsist and continue to be in force until the earlier of (i) the date upon which (i) the Closing under the Share Purchase Agreement shall have been consummated, occurred or (ii) the Share Purchase Agreement shall have been properly terminated in accordance with Article 8 of the Share Purchaser Agreement, or (iii) date upon which the Secured Obligations shall have been performed or extinguished in full.

Term of the Pledge. (1) The Pledge shall take effect on the Execution Date and shall subsist and continue to be in force until the earlier of the date upon which (i) the Closing under the Share Equity Purchase Agreement shall have been consummated, or (ii) the Share Purchase Agreement shall have been properly terminated in accordance with Article 8 of the Share Purchaser Agreement, or (iii) the Secured Obligations shall have been performed or extinguished in full.