Drag-Along Transaction definition

Drag-Along Transaction has the meaning set forth in Section 4(d)(i) of the Stockholder Agreement.
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Drag-Along Transaction has the meaning set forth in Section 3.3(a)(i).
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Drag-Along Transaction has the meaning set out in Section 6.4(a);
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Examples of Drag-Along Transaction in a sentence

  • Each Member hereby appoints the Dragging Member(s) as such ▇▇▇▇▇▇▇ Member’s attorney-in-fact to implement the sale of such Member’s Units in the event such Member is not available or refuses to cooperate in the Drag-Along Transaction in accordance with the terms of this Agreement.

  • Notwithstanding anything in this Agreement to the contrary in no event will any Member be required to indemnify any Person in an aggregate amount in excess of the net cash proceeds actually paid to and received by such Member in any Drag-Along Transaction, except in the case of such Member’s fraud or intentional misrepresentation.

  • For purposes of this Section 12.4, expenses incurred in exercising reasonable efforts to take all necessary actions in connection with the consummation of the Drag-Along Transaction will be deemed to be for the benefit of all Members.


More Definitions of Drag-Along Transaction

Drag-Along Transaction has that meaning set forth in Section 5.1 of this Agreement.
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Drag-Along Transaction shall have the meaning specified in Section 8.1(a).
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Drag-Along Transaction has the meaning set forth in Section 4(c)(i).
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Drag-Along Transaction has the meaning ascribed to such term in Section 5.1.
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Drag-Along Transaction means a sale of all or substantially all of the consolidated business, operations and assets of the SSG Group in one transaction or a series of related transactions that (a) would result in a Change of Control and (b) is designated as a Drag-Along Transaction by the General Partner or the Board of Directors of SSG.
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Drag-Along Transaction has the meaning ascribed to such term in Section 4(d)(i).
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Drag-Along Transaction means (a) any Disposition, consolidation, merger or other business combination involving the Company in which Membership Interests are exchanged or converted into cash, securities of another corporation or business organization or other property, (b) the Disposition of all or substantially all of the assets of the Company to be followed promptly by a liquidation of the Company or a distribution to the Members of all or substantially all of the proceeds of such Disposition, or (c) the Disposition by all the Members of all their Membership Interests.
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