Common use of Authorized Action by Secured Party Clause in Contracts

Authorized Action by Secured Party. The Pledgors hereby irrevocably appoint Pledgee the attorney-in-fact of the Pledgors for the purpose of carrying out the security provisions of this Agreement and taking any action and executing any instrument that the Pledgee may deem necessary or advisable to accomplish the purposes of this Agreement. If an event of default occurs, or is continuing, Pledgee shall have the right to exercise the following rights and powers: 8.1 担保方授权措施。 出质方为了执行该协议的安全规定或采取 任何接受出质方认为必要措施或履行该协议可行的的手段指派一个不可撤消的实际 法律代理人。 如果一个违约事件发生，或者正在进行，接受出质方有权利执行如下 权利： (a) Collect by legal proceedings or otherwise and endorse and/or receive all payments, proceeds and other sums and property now or hereafter payable on or on account of the Pledged Collateral; (a) 以法定程序及其它事项，签注，接收及收据形式所收集的现今 及今后的所有费用，收益及其它金额及财产将直接支付或间接 抵押。 (b) Enter into any extension, reorganization, deposit, merger, consolidation or other agreement pertaining to, or deposit, surrender, accept, hold or apply other property in exchange for the Pledged Collateral; (b) 任何扩展，重组，保证，兼并，合并及其它允诺或保证，放 弃，接受，保持或其它财产的应用用以交换间接抵押。 EQUITY PLEDGE AGREEMENT (c) Transfer the Pledged Collateral to its own or its nominee’s name;

Authorized Action by Secured Party. The Pledgors Pledgor hereby irrevocably appoint appoints the Pledgee the attorney-in-fact of the Pledgors Pledgor for the purpose of carrying out the security provisions of this Agreement and taking any action and executing any instrument that the Pledgee may deem necessary or advisable to accomplish the purposes of this Agreement. If an event of default occurs, or is continuing, the Pledgee shall have the right to exercise the following rights and powers: 担保方授权措施。出质人在此不可撤销地指定质权人为出质人的代理人，以执行本协议的担保条款，采取质权人认为有必要或有利于完成本协议目的的行动以及签署文件。如果违约事件发生，或者正在发生，质权人有权利执行如下权利和权力: 8.1 担保方授权措施。 出质方为了执行该协议的安全规定或采取 任何接受出质方认为必要措施或履行该协议可行的的手段指派一个不可撤消的实际 法律代理人。 如果一个违约事件发生，或者正在进行，接受出质方有权利执行如下 权利： (a) Collect by legal proceedings or otherwise and endorse and/or receive all payments, proceeds and other sums and property now or hereafter payable on or on account of the Pledged Collateral; (a) 以法定程序及其它事项，签注，接收及收据形式所收集的现今 及今后的所有费用，收益及其它金额及财产将直接支付或间接 抵押以法定程序或其他方式签收、背书和/或接收现今或今后的应付或与质押担保有关的所有费用、收益及其它款项及财产。 (b) Enter into any extension, reorganization, deposit, merger, consolidation or other agreement pertaining to, or deposit, surrender, accept, hold or apply other property in exchange for the Pledged Collateral; (b) 任何扩展，重组，保证，兼并，合并及其它允诺或保证，放 弃，接受，保持或其它财产的应用用以交换间接抵押。 EQUITY PLEDGE AGREEMENT达成与质押担保有关的任何展期、重组、保证、兼并、合并或其他协议，或者保证、放弃、接受、保持或运用其它财产以替换抵押担保。 (c) Transfer the Pledged Collateral to its own or its nominee’s name;,

Authorized Action by Secured Party. The Pledgors hereby irrevocably appoint Pledgee the attorney-in-fact of the Pledgors for the purpose of carrying out the security provisions of this Agreement and taking any action and executing any instrument that the Pledgee may deem necessary or advisable to accomplish the purposes of this Agreement. If an event of default occurs, or is continuing, Pledgee shall have the right to exercise the following rights and powers: 8.1 担保方授权措施。 出质方为了执行该协议的安全规定或采取 任何接受出质方认为必要措施或履行该协议可行的的手段指派一个不可撤消的实际 法律代理人。 如果一个违约事件发生，或者正在进行，接受出质方有权利执行如下 权利出质方为了执行该协议的安全规定或采取任何接受出质方认为必要措施或履行该协议可行的的手段指派一个不可撤消的实际法律代理人。如果一个违约事件发生，或者正在进行，接受出质方有权利执行如下权利： (a) Collect by legal proceedings or otherwise and endorse and/or receive all payments, proceeds and other sums and property now or hereafter payable on or on account of the Pledged Collateral; (a) 以法定程序及其它事项，签注，接收及收据形式所收集的现今 及今后的所有费用，收益及其它金额及财产将直接支付或间接 抵押以法定程序及其它事项，签注，接收及收据形式所收集的现今及今后的所有费用，收益及其它金额及财产将直接支付或间接抵押。 (b) Enter into any extension, reorganization, deposit, merger, consolidation or other agreement pertaining to, or deposit, surrender, accept, hold or apply other property in exchange for the Pledged Collateral; (b) 任何扩展，重组，保证，兼并，合并及其它允诺或保证，放 弃，接受，保持或其它财产的应用用以交换间接抵押。 EQUITY PLEDGE AGREEMENT任何扩展，重组，保证，兼并，合并及其它允诺或保证，放弃，接受，保持或其它财产的应用用以交换间接抵押。 (c) Transfer the Pledged Collateral to its own or its nominee’s name;; EQUITY PLEDGE AGREEMENT