Common use of Granting of Time Clause in Contracts

Granting of Time. The Pledgee may at all times, without discharging or in any way affecting this Share Pledge: (i) grant to the Pledgors and/or the Company and/or to any other person any time or indulgence and/or (ii) deal with, exchange, release, modify, or abstain from perfecting or enforcing this Share Pledge, any security guarantee or other right which the Pledgee may now or hereafter have regarding the Agreement or agree to any amendment to the said document and/or any document executed or to be executed pursuant thereto.

Appears in 1 contract

Sources: Business Cooperation Agreement (VelaTel Global Communications, Inc.)

Granting of Time. The Pledgee may at all times, without discharging or in any way affecting this Share Pledge: (i) grant to the Pledgors Pledgor and/or the Company and/or to any other person any time or indulgence and/or (ii) deal with, exchange, release, modify, or abstain from perfecting or enforcing this Share Pledge, any security guarantee or other right which the Pledgee may now or hereafter have regarding the Agreement or agree to any amendment to the said document and/or any document executed or to be executed pursuant thereto.

Appears in 1 contract

Sources: Business Cooperation Agreement (VelaTel Global Communications, Inc.)