Bring Along definition
Examples of Bring Along in a sentence
Holders of at least 100% of the Company Shares, including Non-Consenting Shareholders which are deemed Shareholders pursuant to Section 1.1(c)(vi) shall have signed this Agreement, or are bound by this Agreement in accordance with the Bring Along procedure under Section 1.1(c).
The limitations on disposition of Ordinary Shares set forth herein shall not apply to the Bring Along Rights set forth in Article 21.
The Shareholders hereby give their consent to the Bring Along provision set forth in Article 70 of the Company’s Amended Articles attached as Exhibit 6.1.1(a) of the Series B Share Purchase Agreement.
Each Selling Shareholder and Bring Along Shareholder shall sell in the transaction contemplated by the Bring Along Notice that number of Shares equal to the product of (i) the number of Shares to be sold to the Third Party Buyer multiplied by (ii) a percentage calculated by dividing (x) the number of Shares owned by such Selling Shareholder or Bring Along Shareholder, as the case may be, by (y) the total number of Shares owned by all Selling Shareholders and Bring Along Shareholders.
One set of these responsibilities was the Bring Along rights through which the Carlyle Group could facilitate an exit, which included the obligations on stockholders arising in case of a Company Sale.
Additionally, the Right of First Refusal shall not apply in an event of Bring Along as set forth in Article 26 above.
When considering the extent to which the court should defer to the agency’s interpretation, it is important to keep in mind the background principle that “tax laws are strictly construed against the state and in favor of the taxpayer.” 3A Norman J.
The results suggest that the government of the home country will have stronger incentives to discriminate against products similar in quality to the ones produced by the domestic firm.
On or prior to November 1, 1997, Anthxxx Xxxxx xxxll become a party to that certain Amended and Restated Shareholders Agreement of BackWeb Parent dated as of December 9, 1996, as a Shareholder thereunder, and as such shall be subject to the provisions of Section 2 (Bring Along Rights) thereof.
Employee agrees that upon receipt of the Bring Along Notice, Employee shall be obligated to sell all Warrants and Warrant Shares held by him to the third party offeror upon the terms and conditions (including, without limitation, purchase price) of the third party offeror (and otherwise take all necessary action to cause the Corporation to consummate the proposed transaction).