Examples of Dragged Shares in a sentence
Each Dragged Shareholder must sign all such documents necessary to sell its Dragged Shares to the Third Party Buyer in accordance with the terms of the Drag Along Notice.
Upon receipt of the Drag Notice, the Dragged Shareholders shall be obligated to sell the Dragged Shares subject to and in accordance with the terms of this Section 4.8 and shall have the right to sell certain of the remaining Company Shares held by such Dragged Shareholders pursuant to and in accordance with the terms of Section 4.3.
The meeting bought together academics, Government and industry scientists, representatives of funding bodies and learned societies, scientific publishers, scientific journalists, Government policy makers and other interested individuals to discuss these issues.
The terms and conditions applying to the sale of the Dragged Shares must be no less favourable to the Dragged Shareholders than the terms and conditions applicable to the sale of the Offered Shares, including in respect of price per Share, the extent of any warranties and indemnities and the liability limitations to apply.
However, the Dragged Members shall not be required to make any representation or warranty to the Buyer, other than as to good title to any Dragged Shares, absence of liens with respect to such Dragged Shares, the Dragged Member’s power and authority to undertake the proposed sale, and the validity and enforceability of the Dragged Member’s obligations in connection with it.
The delivery by the Offeror of an irrevocable Drag-Along Offer shall bind the Declining Offeree to sell the Dragged Shares.
The delivery by the Controlling Shareholders of a Drag Along Notice shall bind the undersigned to sell or transfer the Dragged Shares.
Such written notice (the “Drag-Along Notice”) shall specify: name of the Proposed Dragged Purchaser; address and registration number thereof; price per one Share and aggregate price for all Shares, including Dragged Shares; detailed terms and conditions, including but not limited to the price and other additional payments, terms of payment of the price, conditions precedent, other relevant terms.
If any or all Dragged Shareholders are required to provide any indemnity under the Sale Agreement, each Dragged Shareholder’s liability under such indemnity shall be several only and limited in amount to the proportion of its Dragged Shares that bears to the total number of Dragged Shares that are the subject of the Sale Agreement.
A Drag Notice shall specify that the Dragged Shareholders are required to transfer all their New Ordinary Shares (the "Dragged Shares") pursuant to article 6.2(b) to the Transferee, the price at which the Dragged Shares are to be transferred, the proposed date of transfer and the identity of the Transferee.