Common use of upon subsequent Transfer Clause in Contracts

upon subsequent Transfer. The election (or failure to elect) by any Tag Along Rights Holder to sell or not to sell all or any portion of such Tag Along Rights Holder’s Membership Interests or Equity Securities in any Tag Along Sale shall not adversely affect such Tag Along Rights Holder’s right to participate in any future Tag Along Sale.

Appears in 2 contracts

Sources: Limited Liability Company Agreement, Limited Liability Company Agreement