Drag Seller definition

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

  • The powers granted herein shall be deemed to be coupled with an interest, shall be irrevocable and shall survive death, incompetency or dissolution of any such Participating Drag Seller.

  • For example, if the Drag Sellers are selling Company Securities that represent 70% of the Company Securities held by such Drag Seller (determined on an as-converted or as-exercised basis), then each Other Holder shall be required to sell Company Securities that represent 70% of the Company Securities held by such Other Holder (on an as-converted or as-exercised basis).

  • The closing of a Transfer to which Section 6.06(e) or Section 6.06(g) applies shall take place at such time and place as the Board or the Tag-Along Seller or the Drag-Along Seller, as applicable, shall specify by notice to each Tagging Investor or Participating Drag Seller, as applicable.

  • 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.

  • No Seller or Drag Seller shall be entitled to any dividends or other distributions with respect to the Base Earnout Shares prior to their vesting, and each hereby agrees to forfeit to the Company any such dividends or distributions.

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 out in Section 6.1; and

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

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

  • 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 a holder of 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 person who in good faith makes a purchase without notice of any outstanding rights of others.

  • 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 Xxxxxxx X. Xxx and Xxxxxxx X. Xxxxxxx.