Rate of Pledge Sample Clauses

The 'Rate of Pledge' clause defines the specific percentage or amount of an asset that must be pledged as collateral under an agreement. In practice, this clause sets out the exact ratio or value—such as 50% of the total loan amount or a fixed number of shares—that the pledgor is required to provide to secure the obligations. By clearly establishing the required level of collateral, this clause ensures both parties understand the extent of security involved, thereby reducing ambiguity and managing the risk exposure for the secured party.
Rate of Pledge refers to the ratio between the value of the pledge under this Agreement and the technical consulting fees under the Service Agreement.
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Rate of Pledge. And Term Of Pledge
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Rate of Pledge. 3.1.1 The Rate of Pledge shall be 100%.
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Rate of Pledge. And Term Of Pledge 3.1 The rate of Pledge 3.1.1 The rate of pledge shall be 100% 3.2 The term of Pledge 3.2.1 Pledge Contract shall take effect as of the date when the equity interests under this Agreement are recorded in the Register of Shareholder of Shanghai Mtone and registered with the competent Administration for Industry and Commerce. The term of the Pledge is the same with the term of Service Agreement. 3.2.2 During the Pledge, the Pledgor shall be entitled to dispose the Pledge in accordance with this Agreement in the event that Shanghai Mtone fails to pay exclusive technical Consulting and service fee in accordance with the Service Agreement.
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Related to Rate of Pledge

  • Rate of Pay on Promotion 44.3.1 When an employee is appointed by the Council to a higher classification level in the same group, he shall be paid at the nearest rate in the new classification level which gives the employee a salary increase not less than the minimum increment of the higher classification level to which he is being appointed by the Council. If there is no such rate the employee shall be paid the maximum rate in his new scale. 44.3.2 Where an employee who is being paid Acting Pay is promoted to the position for which the employee is receiving Acting Pay, he shall be paid in that position at the rate at which the employee was being paid Acting Pay and the employee's first pay increment in that position shall become due on the date on which it would have become due as if the employee had been promoted to that position on the date on which he was most recently authorized to receive Acting Pay in that position.

  • Rate of Payment Community service leave for voluntary community service is granted with pay for the first three days leave in a twelve month period to all employees except casual employees.

  • Rate of Pay a. An Employee who is employed as a TTOC shall be paid 1/189 of their category classification and experience, to a maximum of the rate at Category 5 Step 8, for each full day worked.

  • Rate of Exchange upon request by the Issuer, inform the Issuer of the spot rate of exchange quoted by it for the purchase of the currency in which the relevant Notes are denominated against payment of euro (or such other currency specified by the Issuer) on the date on which the Relevant Agreement (as defined in the Dealer Agreement) in respect of such Notes was made; and

  • Federal Funds Effective Rate For any day, the rate per annum equal to the weighted average of the rates on overnight Federal funds transactions with members of the Federal Reserve System arranged by Federal funds brokers, as published for such day (or, if such day is not a Business Day, for the next preceding Business Day) by the Federal Reserve Bank of New York, or, if such rate is not so published for any day that is a Business Day, the average of the quotations for such day on such transactions received by the Agent from three Federal funds brokers of recognized standing selected by the Agent.