Establishment of Pledge Sample Clauses
POPULAR SAMPLE Copied 1 times
Establishment of Pledge. As security for the respective performance by the Domestic Co and the Pledgors of the Obligations, the Pledgors voluntarily pledge to the Pledgee 100% of the Equity Interest (the “Pledged Equity Interest”), each Pledgor to the extent of its portion of the Equity Interest. The Pledgee hereby accepts from each of the Pledgors such pledge. The obligations and liabilities of the Pledgors hereunder are several and not joint.
Establishment of Pledge. 3.1 The Pledgor undertakes that it shall be responsible for recording any equity interest pledge arrangements (“Equity Interest Pledge”) under this Agreement in the register of shareholders of Fangdd on the date of signing of this Agreement.
3.2 The Parties further agree that the Equity Interest Pledge shall be recorded in the register of shareholders of Fangdd in the form as set out in Annex I hereto in accordance with the terms and conditions of this Agreement and that the register of shareholders containing the Equity Interest Pledge shall be delivered to the Pledgee for custody.
3.3 The Pledgor undertakes that the establishment of the pledge shall be registered with the administrative department for industry and commerce in the place of registration of Fangdd, and Fangdd undertakes that it shall use its best efforts to cooperate with the Pledgor in completing the business registration of the Equity Interest Pledge as set out in this clause.
Establishment of Pledge. The Pledgor hereby pledges to the Pledgees by way of first priority registered pledge (the “Pledge”, deungrok-jilkwon in Korean), all of its right, title and interest in the Subject Shares, and the Pledgees hereby accept such Pledge of the Subject Shares, as collateral security for the due and punctual performance and discharge in full of the Secured Obligations. For the avoidance of doubt, subject to the provisions of this Pledge Agreement, the Pledge shall cover and apply to any and all right or property arising out of the Subject Shares after the execution of this Pledge Agreement, including, without limitation, (i) any shares of the Company resulting from the subdivision, consolidation or reclassification of the Subject Shares, (ii) any dividend or other property distributed from the Subject Shares and (iii) any rights or payments in respect of the Subject Shares arising from the dissolution or liquidation of the Company.
Establishment of Pledge. The Parties hereby agree that the Pledgor shall establish a pledge, pursuant to the terms and on the conditions of this Agreement, on the Pledged Assets for the benefit of the Pledgeholder and as security for the Secured Obligations.
Establishment of Pledge. The Pledgor undertakes that it shall be responsible for recording any equity interest pledge arrangements (“Equity Interest Pledge”) under this Agreement in the register of shareholders of Fangdd on the date of signing of this Agreement.
Establishment of Pledge. Guarantor, concurrently with his execution of this Agreement, shall deliver to Lender all of the certificates or other documents evidencing the Stock, accompanied by duly executed Stock Assignment Separate From Certificate transferring in blank to the Lender the stock evidenced by said certificates (if necessary).
Establishment of Pledge. (1) The Pledgor and Obligor shall grant the first-priority-pledge on the Shares in favor of the Pledgee to secure the Secured Obligation.
(2) The Pledgor and Obligor shall, at the same time as the establishment of the Pledge, request the Issuing Company to list or record the establishment of the Pledge on the shareholder registry and deliver a copy thereof to the Pledgee.
Establishment of Pledge. (1) The Pledgor, in order to secure liabilities for installment redemption and damages and all other debts (hereinafter referred to as the “Original Debt”) that the Pledgor owes to the Pledgees under the Agreement for Entrustment of Payment and Repayment of Debt (hereinafter referred to as the “Payment Entrustment Agreement”) specified in (1) of the Schedule attached hereto, established today a first priority pledge (hereinafter referred as the “Pledge”) on the right to claim refund of the security deposit specified in (3) of the Schedule (hereinafter referred to as the “Pledged Receivable”) that was held by the Pledgor against the garnishee specified in (2) of the Schedule (hereinafter referred to as the “Garnishee”) in accordance with the provisions hereinafter, and, simultaneously with the execution of this Agreement, delivered to the Pledgee [Manager] the certificate of deposit of the Pledged Receivable issued by the Garnishee and other deeds relating to the Pledged Receivable. Upon the receipt by the Pledgee [Manager] thereof, it shall be deemed to that such delivery from the Pledgor to the Pledgees has been completed.
(2) Each of the Pledgees shall jointly own the Pledge ratably according to the shares (hereinafter referred to as the “Shares”) set forth in (4) of the Schedule hereto.
Establishment of Pledge. The Customer shall not establish the pledge (shichiken) on the investment trust beneficiary right except when the Bank approves it.
Establishment of Pledge. 1.1 Pledgor, as the legal and beneficial owner of the Bank Account, hereby establishes a first priority kun-pledge ("il-sun-wi-kun-jil-kwon") in favor of Pledgee, on its right to claim the Contract Deposit in the Bank Account and interest accrued thereon from the Bank (the "Deposit Claim Right", and such pledge being the "Pledge"), and Pledgee hereby accepts such Pledge, as collateral security for the due and punctual payment, performance and discharge of the Secured Obligation.
1.2 Pledgor shall, on the Effective Date and immediately following its receipt of the Contract Deposit from Pledgee, (a) send the Notification and Acceptance of Establishment of Pledge in the form and substance set forth in Attachment 1.2 to the Bank, (b) procure from the Bank an acceptance of the Notification and Acceptance of Establishment of Pledge with a fixed date seal affixed thereon, and (c) deliver an original thereof to Pledgee.