Dragged Shareholders definition

Dragged Shareholders has the meaning set forth in Section 5.4.

Dragged Shareholders has the meaning set forth in Section 7.1(b).

Dragged Shareholders has the meaning given to that term in clause 26.1.

Examples of Dragged Shareholders in a sentence

• Prior to making any Drag-Along Sale in which the Drag-Along Shareholders wish to exercise their rights under this Section 5, the Drag-Along Shareholders shall provide the Company and the Dragged Shareholders with written notice (the “Drag-Along Notice”) not less than thirty (30) days prior to the proposed date of closing of the Drag-Along Sale (the “Drag-Along Sale Date”).

• Each of the Drag-Along Shareholders and the Dragged Shareholders further undertakes to pay its pro rata share of costs and expenses arising out of or in connection with the Drag-Along Sale.

• In such event, the Drag Sellers may require the Company to give notice of the terms of the proposed sale (Drag Notice) to the remaining Shareholders who have not agreed to sell the whole of their Shares to such Drag Buyer (Dragged Shareholders).

• If no legally binding agreement is reached between the Drag Buyer and the Dragged Shareholders within such period, then on that day which is 30 days after the date the Drag Notice is given, the Dragged Shareholders must sell all of their Shares to the Drag Buyer free from all encumbrances.

• The Drag Notice will require each of the Dragged Shareholders to accept such offer in the Drag Notice within 21 days after the date that the Drag Notice is given.

More Definitions of Dragged Shareholders

Dragged Shareholders has the meaning given in Clause 11.1; “Drag Shares” has the meaning given in Clause 11.1;

Dragged Shareholders has the meaning given in clause 14.4.3.

Dragged Shareholders means (in the case of a Series C-2 Approved Sale) all Shareholders other than the Series C-2 Drag-Along Shareholders, (in the case of a Series C-1 Approved Sale) all Shareholders other than the Series C-1 Drag-Along Shareholder, (in the case of a Series C Approved Sale) all Shareholders other than the Series C Drag-Along Shareholder or (in the case of a Series B Approved Sale) all Shareholders other than the Series B Drag-Along Shareholder.

Dragged Shareholders means (in the case of a Series C-2 Approved Sale) all Shareholders other than the Series C-2 Drag-Along Shareholders, (in the case of a Series C-1 Approved Sale) all Shareholders other than the Series C-1 Drag-Along Shareholder, (in the case of a Series C Approved Sale) all Shareholders other than the Series C Drag-Along Shareholder or (in the case of a Series B Approved Sale) all Shareholders other than the Series B Drag-Along Shareholders.

Dragged Shareholders means the GPC Dragged Shareholders or the Other Shareholders’ Drag Shareholders, as the case may be.

Dragged Shareholders has the meaning ascribed to it in Section 9.2(a) of this Agreement.

Dragged Shareholders shall have the meaning ascribed to the term under Clause 6.3(a);