Examples of Drag Along Option in a sentence
The Selling Shareholders may exercise the Drag Along Option by giving a written notice to that effect (a “ Drag Along Notice”) to the Company which the Company shall forthwith copy to the Called Shareholders at any time before the transfer of the Sellers’ Shares to the Proposed Purchaser.
The Selling Shareholders may exercise the Drag Along Option by giving written notice to that effect to the Called Shareholders (a “Drag Along Notice”) at any time before the transfer of the Selling shareholders’ Shares to the Proposed Buyer.
Selling Shareholder(s) may exercise the Drag Along Option by giving a written notice to that effect (a “ Drag Along Notice”) to the Called Shareholders at any time before the transfer of the Sellers’ Shares to the Proposed Purchaser.
The Selling Shareholders may exercise the Drag Along Option by giving written notice to that effect (“Drag Along Notice”) at any time before the transfer of the Sellers’ Shares or the completion of the sale of the Property to the Proposed Buyer.
Notwithstanding any other clause in this Constitution, if Shareholders holding at least 65% of the Company's Shares (together, the Drag Along Shareholders) wish to transfer or dispose all of their Shares (Drag Shares) to an independent bona fide third party buyer (Third Party Buyer) the Drag Along Shareholders may require all other Shareholders (Called Shareholders) to sell and transfer all of their Shares tothe Third Party Buyer in accordance with the provisions of this Clause 26 (Drag Along Option).