Examples of Tag-Along Seller in a sentence
If the Tag- Along Transferee fails to purchase such Participating Securities (as applicable) from any Tag- Along Seller as to which such Tag-Along Seller has exercised its rights under this Section 10(c) and the Tag-Along Sponsor fails to purchase such Participating Securities (as applicable) from such Tag-Along Seller, the Tag-Along Sponsor shall not be permitted to validly consummate such proposed Transfer.
Each Tag-Along Seller may elect to participate in the contemplated Tag-Along Sale by delivering a written notice (an "Election Notice") to the Tag- Along Sponsor within 20 days after delivery of the Tag-Along Notice.
If a Tag-Along Seller elects to participate in such Tag- Along Sale pursuant to Section 10(b), the Tag-Along Sponsor shall use all commercially reasonable efforts to obtain the agreement of any Tag-Along Transferee to the participation of the Tag-Along Seller in any contemplated Tag-Along Sale.
If any such Tag-Along Seller elects to participate in the contemplated Tag-Along Sale, such Tag-Along Seller shall be entitled to sell its Participating Securities in such Tag-Along Sale for an aggregate price equal to the Pecuniary Value of such Securities, and, save as otherwise set out on the terms of Section 10 or otherwise in this Deed, on terms no more or less favourable to the Tag-Along Sellers than those agreed between the Tag Along Sponsor and the Tag-Along Transferee.
In the event of such a proposed Transfer, the Tag-Along Seller shall provide each Eligible Securityholder written notice of the terms and conditions of such proposed transfer (“Tag-Along Notice”) and offer each Eligible Securityholder the opportunity to participate in such sale.