Common use of Target Equity Interests Clause in Contracts

Target Equity Interests. (a) Except for any Encumbrance created under the Original Control Agreement, the Transferor is the sole registered and beneficial owner of the Target Equity Interests, free and clear of any other Encumbrance. The Transferor has the exclusive right to dispose of the Target Equity Interests. (b) The Target Equity Interests represents % of all the existing registered capital of the Company.

Target Equity Interests. (a) Except for any Encumbrance created under the Original Control AgreementAgreements, the Transferor is the sole registered and beneficial owner of the Target Equity Interests, free and clear of any other Encumbrance. The Transferor has the exclusive right to dispose of the Target Equity Interests. (b) The Target Equity Interests represents % [•]% of all the total existing registered capital of the Company.