Drag Transaction definition

Drag Transaction has the meaning set forth in Section 5.6(a).

Drag Transaction has the meaning set forth in Section 3.4(b).

Drag Transaction shall have the meaning ascribed to such term in the Sale Participation Agreement.

Examples of Drag Transaction in a sentence

• The Drag Along Notice shall set forth the consideration to be paid by the purchaser for the Shares, the identity of the purchaser and the material terms of the Drag Transaction.

• The Drag Along Notice shall set forth the consideration to be paid by the purchaser for the securities, the identity of the purchaser and the material terms of the Drag Transaction.

• In the event that a Selling Stockholder should fail to deliver the Equity Securities, the Company shall cause the books and records of the Company to show that such Equity Securities are bound by the provisions of this Section 3.5 and that such securities may only be Transferred to the purchaser in such Drag Transaction.

• The Drag Along Notice shall set forth the consideration to be paid by the purchaser for the securities and the material terms of the Drag Transaction.

• The Drag-Along Notice shall specify whether the Transferring Holders wish to exercise their drag-along rights pursuant to this Section 2.07 and set forth the identity of the proposed third party Transferee, the number of Spotify Securities to be Transferred, the price per Spotify Security and the other terms and conditions for the Drag Transaction.

More Definitions of Drag Transaction

Drag Transaction has the meaning set forth in Section 4A.

Drag Transaction has the meaning set forth in Section 8.02(a) of this Agreement.

Drag Transaction means, whether in a single transaction or a series of related transactions, (i) any merger, tender offer or other business combination in which the stockholders owning the voting securities of the corporation prior to such transaction do not own a majority of the voting securities of the surviving entity, (ii) a voluntary sale of voting securities by the stockholders of the corporation to any person or entity (excluding an Affiliate of the General Atlantic LLC) in which the stockholders owning the voting securities of the corporation prior to such sale do not own a majority of the voting power of the surviving entity (including, without limitation, the ultimate parent company), or (iii) the sale, transfer or other disposition of all or substantially all of the assets of the corporation.

Drag Transaction the meaning specified in the Stockholders Agreement.

Drag Transaction has the meaning given in Section 12.05(a).

Drag Transaction has the meaning ascribed to such term in Section 4.7(a) of this Agreement.

Drag Transaction has the meaning ascribed to such term in Section 5.6(i). “Effective Date” has the meaning ascribed to such term in the Preamble.