Common use of Sale Procedures Clause in Contracts

Sale Procedures. a. In connection with any Drag-Along Sale, or Tag-Along Sale which the Participant agrees (or is deemed to agree) to accept, the Participant shall be obligated, if applicable and if permitted by law, to vote (or consent in writing, as the case may be, in respect of) all Shares held by him in favour of any Drag-Along Sale or Tag-Along Sale being effected by merger, amalgamation, consolidation, plan of arrangement, share sale, asset sale or other type of business combination requiring shareholder approval and the Participant shall in all other respects support the transaction contemplated by the Drag-Along Sale or Tag-Along Sale 112635107

Appears in 6 contracts

Samples: Restricted Share Unit Grant Agreement (Loral Space & Communications Inc.), Restricted Share Unit Grant Agreement (Loral Space & Communications Inc.), Restricted Share Unit Grant Agreement (Loral Space & Communications Inc.)

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