Drag Seller definition

Drag Seller has the meaning set forth in Section 3.8(a).
Drag Seller shall have the meaning set forth in Section 2.4(a) of this Agreement.
Drag Seller has the meaning set forth in Section 7.04(b).

Examples of Drag Seller in a sentence

  • In addition, the Purchaser can only be the Drag Seller to drag the Assaf Shareholders in a sale to a third party subject to a minimum price of no less than the EBITDA for the last 12 months multiplied by 11.3.

  • In the event the Drag Transfer is not consummated within the prescribed time period, any Transfer by the Drag Seller of its Securities pursuant to the exercise of the Drag Along Right shall once again be subject to the provisions of Article 122.

  • The tax impact within the Study Area is estimated at $233 for a primary residence valued at$1,300,000.

  • Drag Seller has the meaning given in clause 10.1. Dragged Securities has the meaning given in clause 10.2(f).

  • The Dragged Shareholder shall exercise the Dragged Shareholder Right of Refusal by issuing a notice to the Drag Seller indicating its intention to purchase the Drag Securities in accordance with this Article 122(iii).

  • Following the issue of a ROFO Notice by the KKR Investors and either clause11.7 or clause 11.8 becoming applicable, if all of the KKR Investors (Drag Seller) wish to Dispose of all of their Equity Securities to a Third Party (Drag Buyer) in a transaction other than an IPO initiated in accordance with clause 13, then the Drag Seller may give a written notice (Drag Notice) specifying the matters listed in clause 10.2 to each other Security Holder (Dragged Security Holder) with a copy to the Company.

Related to Drag Seller

  • Drag-Along Sellers shall have the meaning set forth in Section 4.2.1.

  • Tag-Along Seller has the meaning set forth in Section 8.5(b).

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

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

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

  • Transferring Shareholder has the meaning set forth in Section 5.2(a).

  • Transferring Stockholder has the meaning assigned to such term in Section 3.4(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.

  • Selling Shareholders sections in substantially the form attached hereto as Exhibit B. The Company shall use its reasonable best efforts to have each Additional Registration Statement declared effective by the SEC as soon as practicable, but in no event later than the Additional Effectiveness Deadline. By 9:30 a.m. New York time on the Business Day following the Additional Effective Date, the Company shall file with the SEC in accordance with Rule 424 under the 1933 Act the final prospectus to be used in connection with sales pursuant to such Additional Registration Statement.

  • Third Party Purchaser has the meaning set forth in Section 3.1(a).

  • Controlling Shareholder means any shareholder owning more than fifty

  • Majority Shareholder means a holder of more than fifty percent (50%) of the outstanding stock of the Company, or if no person holds more than fifty percent (50%) of the outstanding stock of the Company, the holder of a plurality of the outstanding stock of the Company.

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

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

  • Other Shareholders means persons who, by virtue of agreements with the Company other than this Agreement, are entitled to include their securities in certain registrations hereunder.

  • 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.

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

  • Controlling Shareholders means controlling shareholders of the Company, as such term is defined in the Ordinance.

  • 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.

  • Purchaser means the organization purchasing the goods.

  • Company Shareholder means any holder of any Company Shares.

  • Principal Stockholder Transferee means any Person who acquires voting stock of the Corporation from the Principal Stockholder (other than in connection with a public offering) and who is designated in writing by the Principal Stockholder as a “Principal Stockholder Transferee.”

  • Drag-Along Right has the meaning set forth in Section 8.6(a).

  • Bona fide purchaser means a purchaser of property for value who was not knowingly a party to fraud or illegality affect- ing the interest of the spouses or other parties to the transaction, does not have notice of an adverse claim by a spouse and acted in the transaction in good faith.

  • Secondary Seller means the Seller whose Bid City selected as a back-up supplier in the event the Primary Seller is unable to provide all the Goods and/or Services required.

  • Majority Shareholders means Sxx Xxxxxx, Sxxxx Xxxxx, Mxxxxxx Xxxxx and Gxxxx XxXxxxxx.