Common use of Termination and Term Clause in Contracts

Termination and Term. 10.1 Upon full and complete performance of all Agreementual Obligations under the Transaction Documents by Pledgor and Party C, Pledgee shall, upon request of Pledgor, release the Pledge of the Pledged Shares hereunder as soon as reasonably practicable and cooperate with Pledgor to deregister the Pledge from the shareholders’ register of Party C and file the deregistration of the Pledge with the relevant registration authority. 10.2 In case the operation term of a Party expires during the term of this Agreement, that Party is obligated to timely apply for the extension of the operation term to the competent authorities, and ensure that the extended business license is obtained prior to the expiration of the operation term. Pledgee may terminate this Agreement unilaterally upon thirty (30) days prior notice. Unless otherwise required by applicable laws, Pledgor and Party C shall not have the right to terminate or dissolve this Agreement in any event. 10.3 The term of this Agreement shall continue until the full performance of the Agreementual Obligations or the full service of the Secured Indebtedness. 10.4 This Article 10.4 and Articles 12, 13 and 14 of this Agreement shall survive the termination of this Agreement.