Common use of Share Pledge Agreements Clause in Contracts

Share Pledge Agreements. On December 27, 2021, each Registered Shareholder entered into an amended and restated share pledge agreement with WFOE and Onshore Holdco (“Share Pledge Agreements”). Under these agreements, each Registered Shareholder pledged all their equity interest in Onshore Holdco, held from time to time, to WFOE to guarantee performance under the Contractual Arrangements by the shareholder and Onshore Holdco. The pledge period is from the agreement date until all contractual obligations are fulfilled or guaranteed debts fully paid off. To preserve the pledged interests, each Registered Shareholder undertook that, among others:

Appears in 4 contracts

Samples: Business Cooperation Agreement, Business Cooperation Agreement, Business Cooperation Agreement

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