Consideration to be Received. (i) In the event that immediately prior to the consummation of any Drag-Along Transaction, Pinnacle (together with its Entity Affiliates) owns ten percent (10%) or less of the Equity Voting Power, then the consideration to be received by Pinnacle pursuant to such Drag-Along Transaction shall be solely in the form of cash, regardless of the form of consideration per Equity Security to be received by Harbinger based on the transaction value per Equity Security designated in the applicable Drag-Along Transaction.
Appears in 3 contracts
Samples: Shareholders Agreement (Pinnacle Entertainment Inc.), Shareholders Agreement (Pinnacle Entertainment Inc.), Shareholders Agreement (Pinnacle Entertainment Inc.)
Consideration to be Received. (i) In the event that immediately prior to the consummation of any Drag-Along Transaction, Pinnacle (together with its Entity Affiliates) owns ten percent (10%) % or less of the Equity Voting Power, then the consideration to be received by Pinnacle pursuant to such Drag-Along Transaction shall be solely in the form of cash, regardless of the form of consideration per Equity Security to be received by Harbinger based on the transaction value per Equity Security designated in the applicable Drag-Along Transaction.
Appears in 1 contract
Samples: Shareholders Agreement (Pinnacle Entertainment Inc.)
Consideration to be Received. (i) In the event that immediately prior to the consummation of any Drag-Along Transaction, Pinnacle (together with its Entity Affiliates) owns ten percent (10%) % or less of the outstanding voting power of Equity Voting PowerSecurities on a Fully Diluted Basis, then the consideration to be received by Pinnacle pursuant to such Drag-Along Transaction shall be solely in the form of cash, regardless of the form of consideration per Equity Security to be received by Harbinger based on the transaction value per Equity Security designated in the applicable Drag-Along Transaction.
Appears in 1 contract
Samples: Shareholders Agreement (Pinnacle Entertainment Inc.)