Bring Along definition
Examples of Bring Along in a sentence
Each Selling Shareholder and Bring Along Shareholder shall sell in the transaction contemplated by the Bring Along Notice that number of Shares equal to the product of (i) the number of Shares to be sold to the Third Party Buyer multiplied by (ii) a percentage calculated by dividing (x) the number of Shares owned by such Selling Shareholder or Bring Along Shareholder, as the case may be, by (y) the total number of Shares owned by all Selling Shareholders and Bring Along Shareholders.
The Shareholders hereby give their consent to the Bring Along provision set forth in Article 70 of the Company’s Amended Articles attached as Exhibit 6.1.1(a) of the Series B Share Purchase Agreement.
Each Investor hereby agrees to be bound by, and further undertakes to comply in a timely manner and in all respects with, the terms and conditions of the Bring Along provisions set forth in Article 18.4 of the Articles.
In addition, in the event that ▇▇▇▇▇▇▇▇▇ is given a Bring Along Notice pursuant to Section 6.01 hereunder prior to exercise of the Option hereunder, the Option hereunder must be exercised by ▇▇▇▇▇▇▇▇▇ within thirty (30) days of receipt of the Bring Along Notice, otherwise the Bring Along Notice will take precedence and the Option hereunder will terminate.
Employee specifically acknowledges and agrees that the Inventive Shares shall be subject to any and all "Bring Along" or "Tag Along" arrangements which may be set in the Articles of Association of the Company to the extent imposed on all or substantially all of the shareholders of the Company.
Holders of at least 100% of the Company Shares, including Non-Consenting Shareholders which are deemed Shareholders pursuant to Section 1.1(c)(vi) shall have signed this Agreement, or are bound by this Agreement in accordance with the Bring Along procedure under Section 1.1(c).
On or prior to November 1, 1997, Anth▇▇▇ ▇▇▇▇▇ ▇▇▇ll become a party to that certain Amended and Restated Shareholders Agreement of BackWeb Parent dated as of December 9, 1996, as a Shareholder thereunder, and as such shall be subject to the provisions of Section 2 (Bring Along Rights) thereof.
Any notice so given shall be deemed to have been given upon receipt or refusal to accept delivery.
Employee agrees that upon receipt of the Bring Along Notice, Employee shall be obligated to sell all Warrants and Warrant Shares held by him to the third party offeror upon the terms and conditions (including, without limitation, purchase price) of the third party offeror (and otherwise take all necessary action to cause the Corporation to consummate the proposed transaction).
Upon the giving of a Bring-Along Notice, ▇▇▇▇▇▇▇▇▇ shall (i) either sell his shares as set forth in this Section 6.01, or (ii) exercise the option to convert his shares as set forth in Section 6.03 hereof, except that the one year time restriction shall not apply to his option under Section 6.03 in the event of a Bring- Along Notice.