Drag-Along Value definition

Drag-Along Value means, with respect to the consideration the Drag-Along Initiator would receive in connection with the Drag-Along Transaction, the value of such consideration, which, to the extent other than cash, shall take into account, in addition to the cash value thereof, the assumptions and reasonable expectations underlying the Drag-Along Transaction, including, without limitation, any anticipated tax benefit, synergies or other projected economic benefits, as confirmed by an independent investment bank reasonably satisfactory to the Drag-Along Initiator and the Company.
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Drag-Along Value has the meaning assigned to it in Section 8(a).
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Examples of Drag-Along Value in a sentence

  • If the Company fails to either (A) complete the Qualified IPO within 120 days or (B) purchase the Drag-Along Initiator's shares at the Drag-Along Value, the Drag-Along Initiator shall have the right to compel the Shareholders to satisfy the general provisions of this Section 8 in order to consummate the Drag-Along Transaction without further delay.

Related to Drag-Along Value

  • Drag-Along Sale has the meaning set forth in Section 3.03(a).

  • Drag-Along Right has the meaning set forth in Section 8.6(a).

  • Tag-Along Sale has the meaning set forth in Section 3.04(a).

  • Tag-Along Right has the meaning set forth in Section 3.5(a).

  • Tag-Along Portion means, with respect to you and your Permitted Transferees, the number of shares of Common Stock beneficially owned by you and your Permitted Transferees on the date of the Tag-Along Notice multiplied by a fraction, the numerator of which is the maximum number of shares of Common Stock which can be sold in the Tag-Along Sale and the denominator of which is the aggregate number of shares of Common Stock beneficially owned by the Participants, collectively.