Tag-Along definition

Tag-Along. AND “DRAG ALONG” RIGHTS.

Tag-Along. The Senior Managers shall have the right to tag along in the event of a private sale by the Investor Members to a third party in the same proportion as the Investor Member's Shares are sold. The tag along rights shall be on substantially the same terms as the tag along rights relating to the A Units under the LLC Agreement and the Management Members Agreement.

Tag-Along and “Drag Along” Rights.

Examples of Tag-Along in a sentence

• The Shares shall be subject to the Tag-Along Rights as, and to the extent, set forth in Section 4.1 of the Stockholders Agreement (whether or not the Participant is a signatory thereof), the provisions of such Section 4.1 of the Stockholders Agreement to apply mutatis mutandis to this Agreement.

• Any Membership Units acquired pursuant to the exercise of the Options shall be subject to certain Tag-Along and Drag-Along rights in accordance with Article VI of the LLC Agreement.

• The Tag-Along Notice shall describe in reasonable detail the Proposed Transfer including, without limitation, the class and number of Shares to be sold, the price and terms thereof and the identity of the Prospective Transferee and attach a copy of the Tag-Along Offer.

• Sums that the Council become legally liable to pay as a result of an employee using their own cycle during the course of their work are likely to be covered by the Authority’s Liability Policy.

• Shares issued in settlement of the Units shall be subject to the Tag-Along Rights as, and to the extent, set forth in Section 4.1 of the Stockholders Agreement (whether or not the Participant is a signatory thereof), the provisions of such Section 4.1 of the Stockholders Agreement to apply mutatis mutandis to this Agreement.

More Definitions of Tag-Along

Tag-Along. Right With Respect to Private Sales by KKR Holders. (i) Private Sales of Shares by KKR Holders. Subject to the last sentence of Section 3(a), with respect to any proposed Private Sale of any KKR Shares by a KKR Holder or KKR Holders (collectively, for purposes of this Section 2, the "KKR Holder") during the term of this Agreement to a Person (a "Proposed Purchaser"), other than pursuant to an Exempt Transaction (as defined in Section 2(c)), the Oaktree Investors shall have the right and option, but not the obligation, to participate in such sale, on the same terms and subject to the same conditions as the sale by the KKR Holder, for the number of Oaktree Shares owned by the Oaktree Investors equalling the number derived by multiplying the total number of KKR Shares which the KKR Holder proposes to sell (the "Proposed Number of Shares") by a fraction, the numerator of which is the total number of Oaktree Shares and the denominator of which is the sum of (A) the total number of Oaktree Shares, (B) the total number of KKR Shares, and (C) the total number of shares of Common Stock (determined on a fully diluted basis) owned by Persons entitled to the benefits of any other "tag-along" rights arising as a result of such sale.

Tag-Along. Rights. In connection with any Sale by a Sponsor of any Shares of Stock to any Person (other than a Public Sale, a Permitted Vornado transfer, or any Sale between or among the Sponsors, their Affiliates, or any employee of the Company or any of its Subsidiaries):

Tag-Along. AND “DRAG ALONG”

Tag-Along has the meaning set out in Clause ‎22.4.1(vi);

Tag-Along. RIGHT WITH RESPECT TO PUBLIC SALES BY KKR HOLDERS. (i) PUBLIC SALES OF SHARES BY KKR HOLDERS. Subject to the last sentence of Section 3(a), with respect to any proposed sale of any KKR Shares by a KKR Holder during the term of this Agreement made in a public distribution pursuant to an effective registration statement under the Securities Act, other than sales described in clause (iv) of the definition of Exempt Transaction, the Oaktree Investors shall have the right and option, but not the obligation, to participate in such public distribution on the same terms and subject to the same conditions as the sale by the KKR Holder for a number of Oaktree Shares owned by the Oaktree Investors as determined pursuant to Section 2(b)(iii) below.

Tag-Along means the right or option of any Person under any Contract, Lease, or other instrument binding on a Seller, any Affiliate of a Seller, or the Assets to require and cause Seller or Purchaser to purchase, acquire, and receive an assignment of any interest in any Wells, Leases, Units, or other Assets.

Tag-Along has the meaning set out in Clause 23.3.1(vi);