Examples of Dragging Members in a sentence

Each Company Security Holder, together with the Company, is hereby obligated to consent to, and raise no objections against, such Approved Sale, and each Company Security Holder is hereby obligated to sell its Company Securities on the terms and subject to the conditions approved by such Dragging Members.
Each Drag-Along Seller hereby agrees to refrain from asserting any claim or commencing any suit (i) challenging the Approved Sale or this Agreement, (ii) alleging a breach of any duty of the Dragging Members or any Affiliate or associate thereof (including, without limitation, aiding and abetting breach of any duty) in connection with the evaluation, negotiation or entry into the Approved Sale, or the consummation of the transactions contemplated thereby or (iii) seeking to obtain any appraisal rights.

More Definitions of Dragging Members

Dragging Members shall have the meaning set forth in Section 11.1. “Effective Date” shall mean October 12, 2018.

Dragging Members has the meaning set forth in Section 10.2(a).

Dragging Members means, in connection with a Transfer of Units subject to Section 11.4, Class A Unitholders representing 67% or greater of the outstanding Class A Units, or any successor to such interests.

Dragging Members shall have the meaning given to that term in Section 17.5.

Dragging Members means (a) the Lead Investors and their respective Permitted Transferees, at all times prior to the Governance Reversion Date or (b) after the Governance Reversion Date, any one or more Members (together with their respective Permitted Transferees) holding no less than a majority of all the issued and outstanding Capital Units.

Dragging Members shall have the meaning set forth in Section 5.3(a). “Effective Date” shall have the meaning set forth in the preamble.

Dragging Members is defined in Section 10.03(a).