Tag Right definition

Tag Right has the meaning specified in Section 3.04(a).
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Tag Right has the meaning given to such term in the APC/KM PSA.
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Tag Right has the meaning assigned in Section 7.5.
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Examples of Tag Right in a sentence

  • Upon receipt of the Sale Notice and in case of a sale to a Purchaser, the Tag Right Holder, shall have the right to Transfer any or all of its respective Shares, prior to the Selling Shareholder, on the terms and conditions as set out in the Sale Notice and subject to any other terms and conditions that the Sale Shares may be subject to by the Purchaser.

  • If the Tag Right Holder chooses to exercise the Tag Along Right, then it shall serve upon the Selling Shareholder a written notice in that regard within 10 (Ten) days of receipt of the Sale Notice by the Tag Right Holder.

  • With respect to the Option Closing only, each Seller shall have executed and delivered, or caused to have been executed and delivered, an amendment to the Parks JOA, and other documentation regarding the Parks JOA, in the event any Tag Right Holders who are parties to the Parks JOA did not enter into a Tag Along PSA, pursuant to the terms of Section 7.08.

  • To exercise his Tag Right, the Class B Member must provide written notice to the Class A Members at the address specified in the Transfer Notice within 10 days of the Class B Member’s receipt of such Transfer Notice.

  • The Selling Shareholders shall ensure that the Tag Notice issued to the Tag Right Holders shall contain an offer from the Selling Shareholder(s) to cause the Proposed Transferee to purchase all or such number of the Shares held by the Tag Right Holders as a Tag Right Holder elects to sell.

  • If a Tag Right Holder desires to exercise the Tag Along Right, it must give the Selling Shareholders(s) a written Notice along with the details of number of Shares it proposes to Transfer (“Tag Along Shares”) to that effect within 30 (thirty) Business Days of the receipt of Tag Notice.

  • Upon giving such Notice, the Tag Right Holder shall be deemed to have effectively exercised the Tag Along Right.

  • The Class B Member shall forfeit his Tag Right upon failure to provide timely notice in the manner set forth in the immediately preceding sentence.

  • If the Tag Right Holder exercises the respective Tag Along Right, the Transfer of the Shares by the Selling Shareholder to the Proposed Transferee shall be conditional upon such Proposed Transferee acquiring the Tag Along Shares and the Sale Shares in accordance with this Clause 8.1, on the same terms and conditions including price as set forth in the Tag Notice.

  • The Class B Member shall provide written notice (a “Transfer Notice”) to the Class B Member not less than 30 days prior to the proposed closing of any Eligible Transfer, which Transfer Notice shall state either (a) that the Class A Members are exercising their Drag Right or (b) that the Class A Members are not exercising their Drag Right, but that the Class B Member may exercise his Tag Right.


More Definitions of Tag Right

Tag Right means the right referred to in clause 12.4(c) or clause 12.7(b), as the context requires. Territory is defined in clause 1.3.
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Tag Right simultaneously with the purchase of the Promoter Sale Shares. The “Tag Securities” shall mean (i) where the Promoters propose to Transfer less than 10% (ten percent) of the Promoter Shares in aggregate either in a single or a series of transactions, all or any part of pro rata number of the Securities held by the relevant Tag Shareholder on an “as if converted” basis; and (ii) where the Promoters propose to Transfer equal to or more than 10% (ten percent) of the Promoter Shares in aggregate either in a single or a series of transactions, all of the Securities held by the relevant Tag Shareholder in the Company. To the extent that a Tag Shareholder exercise its Tag Right in accordance with the terms and conditions of this Clause 4.3, the number of Securities that the Transferring Shareholder may sell as part of the total Securities in the Transfer to a Third Party Transferee shall be correspondingly reduced.
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Tag Right has the meaning set forth in Article 7.4(a)(ii);
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Related to Tag Right

  • Tag-Along Right is defined in Section 4.7(c).

  • Drag-Along Right has the meaning set forth in Section 8.6(a).

  • Tag-Along Rights has the meaning set forth in Section 5.2.

  • First Refusal Right means the right granted to the Corporation in accordance with Article E.

  • Secondary Refusal Right means the right, but not an obligation, of each Investor to purchase up to its pro rata portion (based upon the total number of shares of Capital Stock then held by all Investors) of any Transfer Stock not purchased pursuant to the Right of First Refusal, on the terms and conditions specified in the Proposed Transfer Notice.

  • Tag or “RFID tag” means the unique identification number or Radio Frequency Identification (RFID) issued to a licensee by the agency for tracking, identifying and verifying marihuana plants, marihuana products, and packages of marihuana product in the statewide monitoring system.

  • Tag-Along Shares has the meaning ascribed to such term in Section 4.4(a).

  • Tag-Along Seller has the meaning set forth in Section 8.5(b).

  • Put Right has the meaning set forth in Section 8.05(a).

  • Call Right The right of the holder thereof (or any successor), as named in the applicable Supplement, to purchase Certificates from the Holders thereof or to purchase Underlying Securities from the Trust.

  • Tag-Along Portion means, with respect to you and your Permitted Transferees, the number of shares of Common Stock beneficially owned by you and your Permitted Transferees on the date of the Tag-Along Notice multiplied by a fraction, the numerator of which is the maximum number of shares of Common Stock which can be sold in the Tag-Along Sale and the denominator of which is the aggregate number of shares of Common Stock beneficially owned by the Participants, collectively.

  • ROFR means a right of first refusal to purchase or a right of first offer to purchase one or more of the Mortgaged Properties pursuant to a recorded instrument (or a memorandum thereof) encumbering the applicable Mortgaged Property.

  • Drag-Along Sellers shall have the meaning set forth in Section 4.2.1.

  • Tag-Along Sale has the meaning set forth in Section 3.04(a).

  • Mining Rights means all interests in the surface of any lands, the minerals in (or that may be extracted from) any lands, all royalty agreements, water rights, patented and unpatented mining and millsite claims, fee interests, mineral leases, mining licenses, profits-a-prendre, joint ventures and other leases, rights-of-way, inurements, licenses and other rights and interests used by or necessary to mining and related processing operations.

  • Put Option means an exchange traded option with respect to Securities other than Stock Index Options, Futures Contracts, and Futures Contract Options entitling the holder, upon timely exercise and tender of the specified underlying Securities, to sell such Securities to the writer thereof for the exercise price.

  • Preemptive Right has the meaning set forth in Section 5.1 hereof.

  • Drag-Along Notice has the meaning set forth in Section 3.03(b).

  • Repurchase Option has the meaning set forth in Section 1.3(a) hereto.

  • Sale Share means a Share which is sold or disposed of in accordance with this Schedule.

  • Tag-Along Notice has the meaning set forth in Section 3.04(c).

  • Drag-Along Sale has the meaning set forth in Section 3.03(a).

  • Transferring Shareholder has the meaning set forth in Section 5.2(a).

  • Remaining Shares has the meaning set forth in Section 4.1.2.

  • Repurchase Right means the right granted to the Corporation in accordance with Article D.

  • Tag-Along Offer has the meaning set forth in Section 8.5(b).