Tag Along Right of the Investor Sample Clauses

Tag Along Right of the Investor. (a) In addition to ROFR provided above, the Investor shall be entitled to participate in any transfer of the Shares of the Company by to any third party (“Third Party”) subject to the Lock-In restrictions on , (the "Tag Along Rights") under which such Third Party shall be required to purchase Investor Shares, in proportion to that transferred by and on the same terms and conditions provided that where as a result of such sale by _ , the shareholding of _ in the Company would fall below 51%, in such an event the Investor shall have a right to sell upto all the Shares then held by the Investor in the Company to such Third Party under its Tag Along Rights. shall be under an obligation to inform the Third Party of the Tag Along Rights of the Investor;
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Tag Along Right of the Investor. 9.6.1 After the Completion, if the Company is unable to cause the Listing on or before the Listing Due Date, without prejudice to the other rights that the Investor has under this Agreement, the Investor shall have a right but not an obligation (“Tag-Along Right”) to participate in the Transfer of its Equity Securities to a Third Party Purchaser (as defined below) along with the Promoter if the Promoter proposes to Transfer all or part of its Equity Securities.
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Related to Tag Along Right of the Investor

  • Right of Refusal Vendor has the right not to sell to a TIPS Member under the awarded agreement at Vendor’s discretion unless otherwise required by law.

  • Right of First Refusal Unless it shall have first delivered to the Buyer, at least seventy two (72) hours prior to the closing of such Future Offering (as defined herein), written notice describing the proposed Future Offering, including the terms and conditions thereof, and providing the Buyer an option during the seventy two (72) hour period following delivery of such notice to purchase the securities being offered in the Future Offering on the same terms as contemplated by such Future Offering (the limitations referred to in this sentence and the preceding sentence are collectively referred to as the “Right of First Refusal”) (and subject to the exceptions described below), the Company will not conduct any equity financing (including debt with an equity component) (“Future Offerings”) during the period beginning on the Closing Date and ending twelve (12) months following the Closing Date. In the event the terms and conditions of a proposed Future Offering are amended in any respect after delivery of the notice to the Buyer concerning the proposed Future Offering, the Company shall deliver a new notice to the Buyer describing the amended terms and conditions of the proposed Future Offering and the Buyer thereafter shall have an option during the seventy two (72) hour period following delivery of such new notice to purchase its pro rata share of the securities being offered on the same terms as contemplated by such proposed Future Offering, as amended. The foregoing sentence shall apply to successive amendments to the terms and conditions of any proposed Future Offering. The Right of First Refusal shall not apply to any transaction involving (i) issuances of securities in a firm commitment underwritten public offering (excluding a continuous offering pursuant to Rule 415 under the 1933 Act), (ii) issuances to employees, officers, directors, contractors, consultants or other advisors approved by the Board, (iii) issuances to strategic partners or other parties in connection with a commercial relationship, or providing the Company with equipment leases, real property leases or similar transactions approved by the Board (iv) issuances of securities as consideration for a merger, consolidation or purchase of assets, or in connection with any strategic partnership or joint venture (the primary purpose of which is not to raise equity capital), or in connection with the disposition or acquisition of a business, product or license by the Company. The Right of First Refusal also shall not apply to the issuance of securities upon exercise or conversion of the Company’s options, warrants or other convertible securities outstanding as of the date hereof or to the grant of additional options or warrants, or the issuance of additional securities, under any Company stock option or restricted stock plan approved by the shareholders of the Company.

  • Recall Rights 12.1 The parties agree that Local boards will increase the length of time contained in their local collective agreements providing rights to recall by an additional two (2) years.

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