Common use of Termination of the Pledge Clause in Contracts

Termination of the Pledge. 3.1 After the Pledgor and the Company fully and completely fulfil all their Contract Obligations, the Pledgee shall terminate the Equity Pledge as required by the Pledgor and help the Pledgor with deregistration of the Equity Pledge in the Company’s shareholders’ register and that with the Company’s industrial and commercial registration authority.

Appears in 2 contracts

Sources: Equity Pledge Agreement (Kingsoft Cloud Holdings LTD), Equity Pledge Agreement (Kingsoft Cloud Holdings LTD)