Tag Along Sale Percentage definition

Tag Along Sale Percentage shall have the meaning set forth in Section 4.1.1(a).

Tag Along Sale Percentage means the fraction, expressed as a percentage, determined by dividing the number of shares of Common Stock or LP Units, as applicable, to be purchased from the Selling Entity by the total number of shares of Common Stock or LP Units, as applicable, owned directly by the Selling Entity.

Tag Along Sale Percentage has the meaning ascribed to such term in Section 4.4(a).

Examples of Tag Along Sale Percentage in a sentence

• The Tag Along Offer will set forth an offer to include the number of Common Shares (not in any event to exceed the Tag Along Sale Percentage of the total number of Common Shares held by such Participating Seller) which such Participating Seller desires to have included in the proposed Sale.

• In the case of Gores, its Tag Along Sale Percentage may be shared, to the extent required by the terms of the IXX, with the investors party to the IXX, but in no event shall the aggregate Tag Along Sale Percentage of Gores be higher than it would be if such investors did not elect to sell under the IXX.

• The Tag Along Sale Percentage for purposes of Section 3.1 shall be determined on the basis of Equivalent Shares.

• Within 45 days after the effectiveness of the Tag Along Notice, each Tag Along Offeror desiring to make an offer to include Shares in the proposed Sale (each a "Participating Seller") shall send a written offer (the "Tag Along Offer") to the Initiating Transferors specifying the number of Shares (not in any event to exceed the Tag Along Sale Percentage of the total number of Shares held by such Participating Seller) which such Participating Seller desires to have included in the proposed Sale.

• Within fifteen (15) days after the effectiveness of -------- the Tag Along Notice, each Tag Along Offeree desiring to accept the offer contained in the Tag Along Notice (each a "Participating Seller") shall send a written commitment to the Prospective Sponsor Sellers specifying the number of Shares (not in any event to exceed the Tag Along Sale Percentage of the total number of Shares held by such Participating Seller) which such Participating Seller desires to have included in the Sale.

More Definitions of Tag Along Sale Percentage

Tag Along Sale Percentage has the meaning given such term in Section 8.2(a).

Tag Along Sale Percentage means a number, expressed as a percentage, equal to the number of Class A Units of the Tag-Along Seller proposed to be transferred in a Tag-Along Sale divided by the total number of Class A Units held by such Tag-Along Seller as of the date of the applicable Tag-Along Notice.

Tag Along Sale Percentage has the meaning set forth in Section 3.6(a)(i).

Tag Along Sale Percentage shall be the fraction expressed as a percentage determined by dividing (x) the aggregate Per Security Percentage Interests applicable to the type and number of the Securities proposed to be Sold by a Prospective Selling Security Holder pursuant to Section 3.1 by (y) the aggregate Per Security Percentage Interests applicable to the total number of Tag Eligible Securities held by the Prospective Selling Security Holder.

Tag Along Sale Percentage. As to each Tag-Along Partner in respect of any particular Tag-Along Sale, the quotient (expressed as a percentage) obtained by dividing (i) the maximum number of Class A Units of such Tag-Along Partner specified in the Tag-Along Notice given by such Tag- Along Partner in respect of such Tag-Along Sale by (ii) the total number of then outstanding Class A Units (computed on a basis that assumes all Convertible Notes (exclusive of any accrued interest in respect thereof) have been converted into Class A Units).

Tag Along Sale Percentage. (it being understood that the Company shall reasonably cooperate with the Tag-Along Seller in respect of the determination of the Tag-Along Sale Percentage) and (iii) the consideration for which the Transfer is proposed to be made. Notwithstanding anything contained herein to the contrary, for purposes of this Section 5.01, Equity Securities of a Management Stockholder shall exclude any Incentive Securities, whether or not the options or other equity based awards for which such Incentive Securities would be issued are vested, unless the applicable options or other equity based awards are exercised prior to the end of the Tag-Along Notice Period (as defined below).

Tag Along Sale Percentage has the meaning set forth in Section 10.5(b)(i).