Ownership of the Target Shares. As of the date hereof, the Selling Shareholder is the beneficial owner of the Target Shares set forth opposite its name on Schedule 3.3 attached hereto, which also indicates the record holder of such Target Shares. The Target Shares set forth opposite the Selling Shareholder’s name on Schedule 3.3 attached hereto (i) except as may, or may be deemed to, exist pursuant to the terms of the Escrow Agreement, are free and clear of any lien or encumbrance and (ii) except for the Escrow Agreement, there are no shareholder agreements, voting trusts, proxies or other agreements or understandings with respect to such Shares which will prohibit, restrict or affect the performance of the Selling Shareholder’s obligations under this Amended and Restated Agreement.
Ownership of the Target Shares. As of the date hereof, each of the Selling Shareholders is the beneficial owner of the Target Shares set forth opposite its name on Schedule 3.3 attached hereto, which also indicates the record holder of such Target Shares. The Target Shares set forth opposite the Selling Shareholder’s name on Schedule 3.3 attached hereto (i) are free and clear of any lien or encumbrance and (ii) there are no shareholder agreements, voting trusts, proxies or other agreements or understandings with respect to such Shares which will prohibit, restrict or affect the performance of the Selling Shareholder’s obligations under this Agreement.
Ownership of the Target Shares. Each Vendor shall have demonstrated ownership of that number of Target Shares owned by him or it, as registered in his or its name;
Ownership of the Target Shares. The issued and outstanding share capital of the Target will on Closing consist of 1,007,920 Target Shares, which shares on Closing shall be validly issued and outstanding as fully paid and non-assessable shares;
Ownership of the Target Shares
