Common use of Effectiveness and Termination Clause in Contracts

Effectiveness and Termination. 11.1 The agreement is concluded upon its execution and takes effect on the date hereof. 11.2 To the extent practicable, the Parties shall make their best efforts to register the pledge at the administration for industry and commerce where Domestic Company is located; but the Parties confirm that the effectiveness and validity of this Agreement shall not be affected whatever the registration is done or not. 11.3 This Agreement shall terminated once the Loan under the Loan Agreement are paid and the Obligations under the Operation Agreement are performed and the Pledgor will not undertake any obligations under the Loan Agreement and Domestic Company will not undertake any obligations under the Operation Agreement any more, and the Pledgee shall cancel or terminate this Agreement within reasonable time as soon as practicable. 11.4 The release of pledge shall record accordingly at the Shareholder’s List of Domestic Company, and complete the registration for removing the record at application administration for industry and commerce where Domestic Company is located.

Effectiveness and Termination. 11.1 13.1 The agreement is concluded upon its execution and takes effect on the date hereof; Once it takes effect, the Agreement shall supersede the Original Equity Interest Pledge Agreement executed by the Parties preceding to the Agreement. 11.2 13.2 To the extent practicable, the Parties shall make their best efforts to register and put on record the pledge under the Agreement at the administration Administration for industry Industry and commerce Commerce where Domestic the Company is located; but the Parties confirm that the effectiveness and validity of this Agreement shall not be affected whatever whether the registration is done and records are completed or not. 11.3 This 13.3 The Pledgee shall cancel or terminate this Agreement shall terminated once the Loan under the Loan Agreement are paid and the Obligations under the Operation Agreement are performed and after the Pledgor will not undertake any obligations under and/or the Loan Agreement and Domestic Company will not undertake any obligations under or incurred by the Operation Agreement any more, and the Pledgee shall cancel or terminate this Agreement within reasonable time as soon as practicableMain Agreements. 11.4 13.4 The release of pledge shall record accordingly at the Shareholder’s List register of Domestic shareholders of the Company, and complete the registration for removing the record at application administration Administration for industry Industry and commerce Commerce where Domestic the Company is located.