Drag Along Option definition

Drag Along Option has the meaning ascribed to such term in Section 2(b)(i).

Drag Along Option has the meaning given in Clause 4.9.1.

Drag Along Option has the meaning specified in Section 9.6(a).

Examples of Drag Along Option in a sentence

• The Selling Shareholders may exercise the Drag Along Option by giving a written notice to that effect (a “ Drag Along Notice”) to the Company which the Company shall forthwith copy to the Called Shareholders at any time before the transfer of the Sellers’ Shares to the Proposed Purchaser.

• Selling Shareholder(s) may exercise the Drag Along Option by giving a written notice to that effect (a “ Drag Along Notice”) to the Called Shareholders at any time before the transfer of the Sellers’ Shares to the Proposed Purchaser.

• To the extent that the Proposed Buyer has not, on the expiration of the 10 Business Day period, put the Company in funds to pay the amounts due pursuant to Article 32.4, the Called Members shall be entitled to the return of the stock transfer forms and share certificate(s) (or suitable indemnity) for the relevant Equity Shares and the Called Members shall have no further rights or obligations under this Article 32 in respect of that Drag Along Option.

• The Selling Members may exercise the Drag Along Option by giving notice in writing to that effect (a “ Drag Along Notice”), at any time before the completion of the transfer of the Sellers’ Shares, to the Company which the Company shall forthwith copy to the Proposed Buyer and each Called Member.

• Upon the exercise of the Drag Along Option in accordance with this clause, the Minority Holders are bound to sell their Shares for the Drag Along Price on the same terms and conditions of sale as applicable to the Majority Holders and otherwise in accordance with this clause and completion of that sale must take place on the same date as the date proposed for completion of the sale of Shares by the Majority Holders.

More Definitions of Drag Along Option

Drag Along Option shall have the meaning given in Article 19.1;

Drag Along Option has the meaning given to it in clause 24.1; "Drag Completion Date" has the meaning given to it in clause 24.3(a); "Drag Consideration" has the meaning given to it in clause 24.3(a); "Drag Documents" has the meaning given to it in clause 24.3(a);

Drag Along Option has the meaning set forth in Section 2.14(b)(iii).

Drag Along Option shall have the meaning set forth in Section 7.3.

Drag Along Option has the meaning given to it in Clause 11.8; “Drag Along Interests” has the meaning given to it in Clause 11.9(a)(i);

Drag Along Option has the meaning given in clause 11.1;

Drag Along Option has the meaning ascribed to it in Section 9.2(a) of this Agreement.