Drag-Along Transaction Not Consummated. In the event that a binding and definitive agreement for the sale or transfer in a Drag-Along Transaction pursuant to this Section 7 is not entered into within one hundred and twenty (120) days after the Drag-Along Holders receive the Drag-Along Notice or the Drag-Along Transaction is not consummated following satisfaction or waiver of all applicable conditions precedent within nine (9) months after the Drag-Along Holders receive the Drag-Along Notice, upon expiration of any definitive agreement for the Drag-Along Transaction then in effect, the Drag-Along Holders shall cease to be bound by the obligations set forth in this Section 7 with regard to such transaction. Section 8.
Appears in 2 contracts
Samples: Purchase Agreement (ADT Inc.), Rights Agreement (ADT Inc.)
Drag-Along Transaction Not Consummated. In the event that a binding and definitive agreement for the sale or transfer in a Drag-Along Transaction pursuant to this Section 7 5 is not entered into within one hundred and twenty (120) days after the Drag-Along Holders receive Investor receives the Drag-Along Notice or the Drag-Along Transaction is not consummated following satisfaction or waiver of all applicable conditions precedent within nine (9) months after the Drag-Along Holders receive Investor receives the Drag-Along Notice, upon expiration of any definitive agreement for the Drag-Along Transaction then in effect, the Drag-Along Holders shall cease to be bound by the obligations set forth in this Section 7 5 with regard to such transaction. Section 8.
Appears in 2 contracts
Samples: Investor Rights Agreement (ADT Inc.), Securities Purchase Agreement (ADT Inc.)
Drag-Along Transaction Not Consummated. In the event that a binding and definitive agreement for the sale or transfer in a Drag-Along Transaction pursuant to this Section 7 3 is not entered into within one hundred and twenty ninety (12090) days after the Drag-Along Holders Investors receive the Drag-Along Notice or the Drag-Along Transaction is not consummated following satisfaction or waiver of all applicable conditions precedent within nine eight (9) 8) months after the Drag-Along Holders receive the Drag-Along Noticethereafter, upon expiration of any definitive agreement for the Drag-Along Transaction then in effect, effect the Drag-Along Holders Investors shall cease to be bound by the obligations set forth in this Section 7 3.2 with regard to such transaction. Section 8.
Appears in 2 contracts
Samples: Investor Rights Agreement (Directv Group Inc), Investor Rights Agreement (Skyterra Communications Inc)
Drag-Along Transaction Not Consummated. In the event that a binding and definitive agreement for the sale or transfer in a Drag-Along Transaction pursuant to this Section 7 5 is not entered into within one hundred and twenty (120) days after the Drag-Along Holders receive Investor receives the Drag-Along Notice or the Drag-Along Transaction is not consummated following satisfaction or waiver of all applicable conditions precedent within nine (9) months after the Drag-Along Holders receive Investor receives the Drag-Along Notice, upon expiration of any definitive agreement for the Drag-Along Transaction then in effect, the Drag-Drag- Along Holders shall cease to be bound by the obligations set forth in this Section 7 5 with regard to such transaction. Section 8.
Appears in 2 contracts
Samples: Investor Rights Agreement (ADT Inc.), Securities Purchase Agreement (ADT Inc.)