Equity Tag-Along Interest definition

Equity Tag-Along Interest means, with respect to Carrizo or Investor LLC, as applicable, such Party’s interest in the Properties (expressed as a percentage of all of such Party’s interest in the Properties) that is equal to the product of (x) such Party’s Participation Interest in all of the Properties and (y) the Indirect Beneficial Ownership Interest in the other Party that is subject to the Proposed Equity Tag-Along Sale.