Agreementual Obligations definition
Examples of Agreementual Obligations in a sentence
The term of the Pledge (the “Term of Pledge”) shall terminate until the Agreementual Obligations and the Secured Indebtedness, for which the Pledge provides security, have been fully performed or repaid.
The Pledge shall remain effective until full discharge of all Agreementual Obligations.
Pledgor hereby agree to pledge to Pledgee the Pledged Shares, which they legally own and have the right to dispose of, as security for the performance of the Agreementual Obligations and repayment of the Secured Indebtedness pursuant to this Agreement.
Upon full and complete performance of all Agreementual Obligations under the Transaction Documents by Pledgor and Party C, Pledgee shall, upon request of Pledgor, release the Pledge of the Pledged Shares hereunder as soon as reasonably practicable and cooperate with Pledgor to deregister the Pledge from the shareholders’ register of Party C and file the deregistration of the Pledge with the relevant registration authority.
Dividends received by P▇▇▇▇▇▇▇ on account of the Pledged Shares after deduction of individual income tax paid by Pledgors shall be, as requested by P▇▇▇▇▇▇, (1) deposited into an account designated and supervised by Pledgee and used to secure the Agreementual Obligations, or (2) unconditionally donated to Pledgee or any other person designated by Pledgee in any manner permitted by PRC law, to the extent not prohibited by PRC laws.