Dragged Seller has the meaning given to it in paragraph 1.1 of Part B of Schedule 2; "Effective Time" means the date of this Agreement;
Dragged Seller has the meaning set forth in Section 9.1.1.
Dragged Seller means any Seller (other than an Executing Shareholder) required pursuant to the Drag Along Notice to sell his Shares to Buyer in accordance with the Articles and to execute and deliver the Drag Documents.
Examples of Dragged Seller in a sentence
Any such indemnification and/or assumption of liabilities shall be several and not joint and several in nature with respect to a Dragged Seller.
Thereafter, the Company shall release the aggregate Drag Price due to each Dragged Seller under this Section 6.8 (less the amount of costs to be borne pursuant to Section 6.8(c)) in respect of its Drag Shares following delivery to the Company by such Dragged Seller of the documents required under this Section 6.8.
On, but not before, such surrender or provision, the Defaulting Dragged Seller shall be entitled to the aggregate Drag Price for its Drag Shares transferred on its behalf without interest.