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Common use of The Drag Clause in Contracts

The Drag. Along Sellers shall deliver to each Drag-Along Shareholder written notice (the “Drag-Along Notice”) of any Transfer proposed to be made pursuant to Clause 4.6.1 not later than the twentieth day prior to the proposed Drag-Along Sale, which notice shall set out: (a) the type and amount of consideration to be paid by the Purchaser for each Share; (b) the person who has expressed an interest in acquiring the Shares; (c) the number of Drag-Along Securities that each such Drag-Along Shareholder may be required to Transfer (as determined pursuant to Clause 4.5.1); and (d) all other material terms and conditions, if any, of such transaction.

Appears in 5 contracts

Samples: Shareholders Agreement, Shareholders' Agreement, Shareholders Agreement (Central European Distribution Corp)

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The Drag. Along Sellers shall deliver to each Drag-Along Shareholder written notice (the “Drag-Along Notice”) of any Transfer proposed to be made pursuant to Clause 4.6.1 5.6.1 not later than the twentieth tenth day prior to the proposed Drag-Along Sale, which notice shall set out: (a) the type and amount of consideration to be paid by the Purchaser for each ShareShare and CPEC; (b) the person who has expressed an interest in acquiring the Shares; (c) if applicable, the number of the Drag-Along Securities that each such Drag-Along Shareholder may be required to Transfer (as determined pursuant to Clause 4.5.15.5.1); and (d) all other material terms and conditions, if any, of such transaction.

Appears in 1 contract

Samples: Shareholders Agreement (Central European Distribution Corp)

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