Common use of Exercise of the Pledge Clause in Contracts

Exercise of the Pledge. 8.1 The Pledgee shall issue a written Notice of Default to the Pledgor when it exercises the Pledge. 8.2 Subject to the provisions of Section 7.3, the Pledgee may exercise the right to enforce the Pledge at any time after the issuance of the Notice of Default in accordance with Section 8.1.

Appears in 4 contracts

Sources: Equity Interest Pledge Agreement (NIO Inc.), Equity Interest Pledge Agreement (NIO Inc.), Equity Interest Pledge Agreement (NIO Inc.)

Exercise of the Pledge. 8.1 The In the event of occurrence of the Event of Default described in Article 8, the Pledgee shall issue give a written Notice of Default to the Pledgor when it exercises exercising the PledgePledge Right. 8.2 Subject to the provisions of Section Article 7.3, the Pledgee may exercise the right to enforce dispose of the right of Pledge at any time after when the issuance Pledgee give notice of the Notice of Default default in accordance with Section 8.1.Article 7.3

Appears in 4 contracts

Sources: Equity Pledge Agreement (Wowo LTD), Equity Pledge Agreement (Wowo LTD), Equity Pledge Agreement (Wowo LTD)