Tag Interest definition
Tag Interest has the meaning set forth in Section 3.11(a).
Tag Interest has the meaning given in Clause 18.5.1; "Tag Notice" has the meaning given in Clause 18.5.1; "Tag Shares" has the meaning given in Clause 18.5.1;
Tag Interest has the meaning set out in clause 3.14.
Examples of Tag Interest in a sentence
If a Holdco Seller receives a Holdco Tag Along Notice, the Holdco Seller shall not sell the relevant Holdco Sale Interest to a third party unless the Holdco Seller procures that third party to purchase the Tag Interest owned by the Holdco Tag Along Party, at a price and on terms no less favourable in the aggregate, taken as a whole, to the Holdco Tag Along Party, than those contained in the Holdco Sale Notice.
More Definitions of Tag Interest
Tag Interest has the meaning set forth in Section 3.10(a). “Tax Advances” has the meaning set forth in Section 5.01(d). “Tax Proceeding” has the meaning set forth in Section 8.03. “Tax Year” has the meaning set forth in Section 2.06. “Total Amount in Default” means, as of any time, with respect to a Non-Funding Member, an amount equal to (a) the outstanding Post-Conversion Default that the Non-Funding Member has failed to pay pursuant to the terms of this Agreement, plus (b) Collection Costs applicable thereto, plus (c) interest accrued on the amounts set forth in clause (a) and clause (b) at an annual interest rate equal to the prime rate (as published on the applicable date of determination in the “Money Rates” table of The Wall Street Journal, Eastern Edition) plus an additional 10 percentage points (or, if such rate is contrary to any applicable law, the maximum rate permitted by such applicable law) compounded quarterly from the incurrence thereof until payment in full. “Transfer”, “Transferred” or “Transferring” means with respect to a Person, a direct disposition, sale, assignment, transfer, gift, surrender for cancellation, exchange, or the direct grant or transfer of any economic interest, voting power, or any other direct transfer of beneficial interest, whether voluntary or involuntary, by operation of law or judicial decree (and including the direct disposition, sale, assignment, transfer, gift, surrender for cancellation, exchange, or the direct grant -17- or transfer of any economic interest, voting interest or any other direct transfer of beneficial interest in such Person by a Controlling Person). “Treasury Regulations” means temporary and final Treasury Regulations promulgated under the Code, as amended from time to time. “Units” means the Interests of the Company and includes the Series A-2 Preferred Units, the Series B Preferred Units, the Series C Preferred Units, the Common Units and any other class or series of units or other equity securities of the Company issued after the date hereof. “U.S. GAAP” has the meaning set forth in Section 7.02(a). 1.02