A negotiable certificate of deposit pledged with DGT as pledgee.

设定质权人为电信总局之可转让定期存款单。

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。

The pledged accounts receivable may not be transferred, unless otherwise agreed upon by the pledgor and the pledgee through consultation.

应收账款出质后，不得转让，但经出质人与质权人协商同意的除外。

Article 68 The pledgee shall be entitled to collect the fruits derived from the pledged property.

第六十八条质权人有权收取质物所生的孳息.

Article 69 The pledgee shall have the obligation to maintain the pledged property in good condition.

第六十九条质权人负有妥善保管质物的义务.

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.

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一种委托关系.

pledgee and the quality of its people a different effect.

它对质权人和出质人具有不同的效力.