Drag Purchaser definition

Drag Purchaser means the Ord-Led Drag Purchaser or the Pref-Led Drag Purchaser, as the context requires; "Drawn Facility Amount" has the meaning ascribed to such term in the NPA;
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Drag Purchaser shall have the meaning ascribed to it in Clause 17.1 of this Agreement;
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Drag Purchaser shall have the meaning ascribed to the term under Clause 6.3(a); “Drag Terms” shall have the meaning ascribed to such term under Clause 6.3 (g);
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Examples of Drag Purchaser in a sentence

  • The Company's receipt of the Drag Consideration shall be a good discharge to the Drag Purchaser.

  • Upon delivery of the Drag Notice, the Dragged Shareholder(s) shall be irrevocably bound and obligated to sell to the Drag Purchaser (along with the Securities held by Mold-Tech) all of the Dragged Securities, at the Drag Price.

  • Upon delivery of the Drag Notice, SAHPL shall be irrevocably bound and obligated to sell to the Drag Purchaser (along with the Equity Securities held by the Investor) all of the Dragged Securities, at the Drag Price, provided that, the Investor may (at its discretion) at any time in writing, withdraw the Drag Notice and release SAHPL from the obligation to sell the Dragged Securities.

  • No Drag Along Notice or Sale Agreement may require a Called Shareholder to agree to any terms except those specifically provided for in this Article and, save to the extent otherwise specifically provided for in this Article, the transfer of each Called Share shall be on terms no less favourable to the Called Shareholders than those agreed between the Selling Shareholders and the Drag Purchaser.

  • After the expiry of 72 (seventy two) months from the Closing Date, any Individual Dragging Shareholder shall be entitled to issue a notice and require all the Dragged Shareholders to sell all but not less than all their Shares to the Drag Purchaser.

  • Further, where the Investor has agreed any caps in respect of its indemnity obligations towards the Drag Purchaser, the indemnity obligations of SAHPL towards the Drag Purchaser will also be capped proportionately, i.e., on the basis of the same proportion that the Investor’s indemnity cap (for the same or similar obligation) bears to the total consideration being received by the Investor in such Drag Sale.

  • Within 15 (fifteen) days from the date of the Exit Notice, a committee shall be formed to identify a potential Drag Purchaser (“Drag Committee”).

  • Provided that, if such sale by Mold-Tech and/or its Affiliate results in a Change in Control, Mold-Tech shall have the right to exercise the Drag Right to require the Dragged Shareholders to sell all Minority Equity Interests (calculated on a Fully Diluted Basis) as the Dragged Securities to the Drag Purchaser in the Drag Sale.

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  • In addition, SAHPL will be required to provide the same representations, warranties, indemnities and undertakings to the Drag Purchaser in relation to the Dragged Securities as are being provided by the Investor in relation to the sale of the EquitySecurities held by it in the Drag Sale, including undertaking any non-compete or non-solicit restrictions as may be agreed to between the Investor and the Drag Purchaser in connection with such Drag Sale.


More Definitions of Drag Purchaser

Drag Purchaser has the meaning ascribed thereto in Article 8.2.1;
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Drag Purchaser has the meaning set forth in Section 4.1.
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Drag Purchaser has the meaning set forth in Section 2.14(b)(iii).
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Drag Purchaser has the meaning given to it in clause 24.1; "Dragging Shareholders" has the meaning given to it in clause 24.1;
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Related to Drag Purchaser

  • Purchaser means the organization purchasing the goods.

  • Bona fide purchaser means a person who in good faith makes a purchase without notice of any outstanding rights of others.

  • Selling Shareholder has the meaning set forth in Section 3.04(a).

  • The Purchaser means the organization purchasing the Goods, as named in SCC.

  • Investor means the Buyer, any transferee or assignee thereof to whom a Buyer assigns its rights under this Agreement in accordance with Section 9 and who agrees to become bound by the provisions of this Agreement, and any transferee or assignee thereof to whom a transferee or assignee assigns its rights under this Agreement in accordance with Section 9 and who agrees to become bound by the provisions of this Agreement.

  • Third Party Purchaser has the meaning set forth in Section 3.3.

  • Original Purchaser means the original purchaser of the Bonds designated by the Fiscal Officer in the Certificate of Award.

  • Selling Stockholder means any Stockholder owning Registrable Shares included in a Registration Statement.

  • Selling Shareholders has the meaning given to such term in the Preamble to this Agreement;

  • BIDDER/Seller which expression shall mean and include, unless the context otherwise requires, his successors and permitted assigns) of the second part.

  • First purchaser means the first buyer of a manufactured item that contains ferrous or nonferrous metal in a retail or business-to-business transaction. A person that purchases scrap metal, or other property described in section 10, in violation of this act, or an automotive recycler, pawnshop, scrap metal recycler, or scrap processor is not considered a first purchaser.

  • Selling Member has the meaning set forth in Section 10.5(a).

  • Other Selling Stockholders means persons other than Holders who, by virtue of agreements with the Company, are entitled to include their Other Shares in certain registrations hereunder.

  • U.S. Purchaser means any purchaser of the Offered Securities that is, or is acting for the account or benefit of, a person in the United States, or any person offered the Offered Securities in the United States.

  • Additional Purchased Securities Securities provided by Seller to Buyer pursuant to Paragraph 4(a) hereof;

  • Ultimate purchaser means, with respect to any new motor vehicle or new motor vehicle engine, the first person who in good faith purchases a new motor vehicle or new motor vehicle engine for purposes other than resale.

  • Substitute Purchaser is defined in Section 21.

  • Seller Shares means all shares of Common Stock of the Company owned as of the date hereof or hereafter acquired by a Common Holder, as adjusted for any stock splits, stock dividends, combinations, subdivisions, recapitalizations and the like.

  • Selling Stockholders means Purchaser and any other purchaser of Units in the Offering, and their respective successors and assigns.

  • Anchor Investor means a Qualified Institutional Buyer applying under the Anchor Investor Portion in accordance with the requirements specified in the SEBI ICDR Regulations and the RHP and who has Bid for an amount of at least ₹ 100 million and the term “Anchor Investors” shall be construed accordingly.

  • Controlling Shareholder means any shareholder owning more than fifty

  • Purchaser/ User means ultimate recipient of goods and services

  • Prospective Purchaser has the meaning set forth in Section 2.3(b)(i) hereof.

  • Third Party Buyer means any Person other than (i) the Company or any of its Subsidiaries, (ii) any employee benefit plan of the Company or any of its Subsidiaries, (iii) the Investors or (iv) any Affiliates of any of the foregoing.

  • Power Purchaser means the entity that is purchasing the capacity and energy to be transmitted under the Tariff.

  • Proposed Purchaser shall have the meaning set forth in Section 5.7(a).