Examples of Dragging Members in a sentence

Each Company Security Holder, together with the Company, is hereby obligated to consent to, and raise no objections against, such Approved Sale, and each Company Security Holder is hereby obligated to sell its Company Securities on the terms and subject to the conditions approved by such Dragging Members.
For the avoidance of doubt, the determination of whether to effect a Drag-Along Sale shall be in the sole and absolute discretion of the Dragging Members.
In connection with any Unit Drag Sale, each Dragged Member shall take such actions as may be reasonably required by the Dragging Members and shall otherwise cooperate in good faith with the Dragging Members.
If CCP approves such transfer, such Selling Shareholder shall be permitted to transfer his Sale Shares in accordance with this Article 8.
The terms to be received by the non-Dragging Members will be no less favorable than those received by the Dragging Members.

More Definitions of Dragging Members

Dragging Members means, in connection with a Transfer of Units subject to Section 11.4, Class A Unitholders representing 67% or greater of the outstanding Class A Units, or any successor to such interests.

Dragging Members shall have the meaning set forth in Section 11.1. “Effective Date” shall mean October 12, 2018.

Dragging Members has the meaning set forth in Section 10.2(a).

Dragging Members is defined in Section 10.03(a).

Dragging Members shall have the meaning given to that term in Section 17.5.

Dragging Members means (a) the Lead Investors and their respective Permitted Transferees, at all times prior to the Governance Reversion Date or (b) after the Governance Reversion Date, any one or more Members (together with their respective Permitted Transferees) holding no less than a majority of all the issued and outstanding Capital Units.

Dragging Members shall have the meaning set forth in Section 5.3(a). “Effective Date” shall have the meaning set forth in the preamble.