Common use of The Target Clause in Contracts

The Target. (i) will be the sole legal and beneficial owner of the shares of the members of the Target Group upon completion of the reorganisation of the Target Group; and (ii) will have the right to exercise all voting and other rights over such shares upon completion of the reorganisation of the Target Group.

The Target. (i) will be the sole legal and beneficial owner of the shares of the members of the Target Group upon completion of the reorganisation of the Target GroupGroup (and in any event prior to the time of Completion); and (ii) will have the right to exercise all voting and other rights over such shares upon completion of the reorganisation of the Target GroupGroup (and in any event prior to the time of Completion).