If there is default by the pledgor, the pledgee has a right to sell the item.
如果出质人不履行义务, 质权人有权变卖质押财产。
Article 64 A pledgor and a pledgee shall conclude a pledge contract in writing.
第六十四条出质人和质权人应当以书面形式订立质押合同。
The relationship between pledgor and pledgee is regarded by the law as a bailment.
出质人和质权人之间的关系被认为是一种委托关系。
Pledgor hereby covenants to the Pledgee, that during the term of this Agreement, Pledgor shall.
在本协议存续期间, 出质人向质权人承诺, 出质人将。
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