Common use of Tag Along Clause in Contracts

Tag Along. If one or more holders of Investor Shares (each such holder, a “Prospective Selling Investor”) proposes to Sell any such Shares to any Prospective Purchaser in a transaction (a) not constituting a Transfer pursuant to the terms of Sections 3.1 or 3.2(a)(iii) and (b) in connection with which the Majority Investors have not elected to exercise their “drag along” rights under Section 4.2:

Appears in 3 contracts

Samples: Stockholders Agreement (Panther Expedited Services, Inc.), Stockholders Agreement (Panther Expedited Services, Inc.), Stockholders Agreement (Panther Expedited Services, Inc.)

AutoNDA by SimpleDocs

Tag Along. If one or more holders of Investor Shares (each such holder, a “Prospective Selling Investor”) proposes to Sell Transfer any such Shares to any Prospective Purchaser Buyer in a transaction (a) not constituting a Transfer pursuant subject to the terms of Sections 3.1 or 3.2(a)(iii) and (b) in connection with which the Majority Investors have not elected to exercise their “drag along” rights under Section 4.2:3.2(a)(i), then as required by Section 3.2(a)(i):

Appears in 3 contracts

Samples: Stockholders Agreement (Burlington Coat Factory Investments Holdings, Inc.), Stockholders Agreement (Transcultural Health Develpment, Inc.), Stockholders Agreement (Burlington Coat Factory Investments Holdings, Inc.)

AutoNDA by SimpleDocs

Tag Along. If one or more holders of Investor Shares (each such holder, a “Prospective Selling Investor”) proposes to Sell Transfer any such Shares to any Prospective Purchaser Buyer in a transaction (a) not constituting that would constitute a Transfer pursuant to the terms of Sections 3.1 or 3.2(a)(iii) and (b) in connection with which the Majority Investors have not elected to exercise their “drag along” rights under Tag-Along Sale, then as required by Section 4.2:3.2(a):

Appears in 1 contract

Samples: Stockholders Agreement (Music123, Inc.)

Time is Money Join Law Insider Premium to draft better contracts faster.