Exercise of Tag-Along Right. (i) The Selling Member and each Tag-along Class A Member timely electing to participate in the Tag-along Sale pursuant to Section 10.5(d)(ii) shall have the right to Transfer in the Tag-along Sale the number of Units (and applicable Unit Equivalents, if any) equal to the product of (x) the aggregate number of Units (and applicable Unit Equivalents) that the Proposed Transferee proposes to buy as stated in the Sale Notice and (y) a fraction (A) the numerator of which is equal to the number of Units on a Fully Diluted Basis then held by the Selling Member or Tag-along Class A Member, as applicable, and (B) the denominator of which is equal to the number of Units on a Fully Diluted Basis then held by the Selling Member and all of the Tag-along Class A Members (such amount the “Tag-along Portion”).
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Samples: Limited Liability Company Agreement, Limited Liability Company Agreement, Limited Liability Company Agreement
Exercise of Tag-Along Right. (i) The Selling Member and each Tag-along Class A Member timely electing to participate in the Tag-along Sale pursuant to Section 10.5(d)(ii10.05(d)(ii) shall have the right to Transfer in the Tag-along Sale the number of Common Units (and applicable Unit Equivalents, if any) ), equal to the product of (x) the aggregate number of Common Units (and applicable Unit Equivalents) that the Proposed Transferee proposes to buy as stated in the Sale Notice and (y) a fraction (A) the numerator of which is equal to the number of Common Units on a Fully Diluted Basis then held by the Selling Member or Tag-along Class A applicable Member, as applicable, and (B) the denominator of which is equal to the number of Common Units on a Fully Diluted Basis then held by the Selling Member and all of the Tag-along Class A Members timely electing to participate in the Tag-along Sale pursuant to Section 10.05(d)(ii) (such amount the “Tag-along Tagalong Portion”).
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Samples: Limited Liability Company Agreement (Liquid Holdings Group LLC)
Exercise of Tag-Along Right. (i) The i)The Selling Member and each Tag-along Class A Along Member timely electing to participate in the Tag-along Along Sale pursuant to Section 10.5(d)(ii10.05(d)(ii) shall have the right to Transfer in the Tag-along Along Sale the number of Units (and applicable Unit Equivalents, if any) equal to the product of (xA) the aggregate number of Units (and applicable Unit Equivalents) that the Proposed Transferee proposes to buy as stated in the Sale Notice and (yB) a fraction (Ax) the numerator of which is equal to the number of Units on a Fully Diluted Basis an as-converted basis then held by the Selling Member or such applicable Tag-along Class A Member, as applicable, Along Member and (By) the denominator of which is equal to the number of Units on a Fully Diluted Basis Common Units Deemed Outstanding basis then held by the Selling Member and all of the Tag-along Class A Along Members timely electing to participate in the Tag-Along Sale pursuant to Section 10.05(d)(ii) (such amount the “Tag-along Along Portion”).
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Samples: Limited Liability Company Agreement (Capstone Green Energy Holdings, Inc.)