Dragging Party definition

Dragging Party has the meaning set forth in Section 2.5(a).
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Dragging Party shall have the meaning ascribed to it in Section 5.1(a).
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Dragging Party has the meaning set forth in Section 4.4(a).
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Examples of Dragging Party in a sentence

  • During the Drag Along Notice Period, the Drag Along Parties in receipt of such notice may not Transfer any Shares subject to such Dragging Party’s drag along rights under this Section 5.1(a) to any Person other than such Dragging Party.

  • The Dragging Party shall provide the Dragged Party with written notice (the "DRAG NOTICE") of a Drag Along Sale at least fifteen (15) days prior to the date of consummation of such sale (the "DRAG ALONG SALE DATE").

  • Prior to commencing any Drag Along Sale, the Dragging Party shall convert all Convertible Notes held by such Dragging Party to shares of Common Stock.

  • Upon receipt of the proceeds of the Drag Along Sale, the Dragging Party shall promptly remit to the Dragged Party that portion of such proceeds to which such Dragged Party is entitled by reason of such Dragged Party's participation in such Drag Along Sale.

  • Accordingly, fully diluted per share amounts were not presented in the Company's consolidated statements of operations.

  • To exercise a drag along right pursuant to this Section 5.1(a), such Dragging Party shall give written notice delivered in accordance with Section 6.10 to the Drag Along Parties at least fifteen (15) business days prior to the Drag Sale.

  • Subject to Section 6.3, if either Thayxx xx GVI (the "DRAGGING PARTY") in its sole discretion determines to accept an offer from a third party that is not an Affiliate of such Dragging Party to purchase all of the shares of Common Stock then held by the Dragging Party, then the other party (the "DRAGGED PARTY") shall be required to sell all the shares of Common Stock either held or receivable upon conversion of any Convertible Notes held by such party pursuant to such offer (the "DRAG ALONG SALE").

  • During the Drag-Along Notice Period, the Drag-Along Parties in receipt of such notice may not Transfer any Executive Securities subject to such Dragging Party's drag-along rights under this Section 3(a) to any Person other than such Dragging Party.

  • To exercise a drag along right pursuant to this SECTION 5.1(a), such Dragging Party shall give written notice delivered in accordance with SECTION 6.10 to the Drag Along Parties at least fifteen (15) business days prior to the Drag Sale.

  • If the Transfer referred to in the Drag-Along Notice is not consummated within 120 days from the date of the Drag-Along Notice, the Dragging Party must deliver another Drag-Along Notice in order to exercise its rights under this Section 2.5 with respect to such Transfer or any other Transfer.


More Definitions of Dragging Party

Dragging Party means the Board, if the Board initiated an Approved Exit. “Effective Date” has the meaning set forth in the preamble hereto. “Election Notice” has the meaning set forth in Section 9.3(c).
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Related to Dragging Party

  • Managing Party shall have the meaning set forth in Section 7.2(a).

  • Transferring Stockholder has the meaning assigned to such term in Section 3.4(a).

  • Selling Member has the meaning set forth in Section 10.5(a).

  • Investor Party has the meaning set forth in Section 4.7.

  • Selling Party has the meaning set forth in the definition of “Net Sales.”

  • Third Party Purchaser has the meaning set forth in Section 3.1(a).

  • Transferring Party has the meaning given such term in Section 5.2(b).

  • Performing Party As defined in Section 11.12.

  • Transferring Shareholder has the meaning set forth in Section 5.2(a).

  • Initiating Party shall have the meaning set forth in Article 13.

  • Consenting Party means a Party who agrees to participate in and pay its share of the cost of an Exclusive Operation.

  • Disposing Member is defined in Section 4.1.

  • Selling Partner has the meaning set forth in Section 8.5.

  • Transferring Member has the meaning set forth in Section 9.4.

  • Exchanging Partner has the meaning set forth in Section 2.1 hereof.

  • Tendering Party has the meaning provided in Section 8.5(a) hereof.

  • Charging party means any person alleging an unfair employment practice under this chapter by filing a complaint with the office of civil rights.

  • Representing Party A Person that has transferred Mortgage Loans, directly or through one or more intermediaries, to the Trustee pursuant to an agreement for the sale of Mortgage Loans pursuant to which a Representing Party has made representations and warranties with respect to certain Mortgage Loans, and under which the Trustee, its successors and assigns has recourse against such Representing Party for any breach thereunder with respect to such Mortgage Loans.

  • Anchor Investor means a Qualified Institutional Buyer, applying under the Anchor Investor Portion in accordance with the requirements specified in the SEBI ICDR Regulations and the Red Xxxxxxx Prospectus and who has Bid for an amount of at least ₹100 million.

  • Initiating Member shall have the meaning provided in Section 15.2(a).

  • Purchasing Party means CIG Media LLC, NBC Universal, Inc. and their respective Affiliates.

  • Participating Stockholder means a “Participating Stockholder” under the HBB Stockholders’ Agreement, HY Stockholders’ Agreement and NACCO Stockholders’ Agreement, to the extent the Partnership owns HBB Class B Shares, HY Class B Shares or NACCO Class B Shares. A Partner shall cease to be a Participating Stockholder under this Agreement and shall be deemed to be a Former Partner immediately prior to any event or lapse of time that causes such Partner to no longer be a “Participating Stockholder” under such applicable stockholders’ agreements.

  • Investor Member means a member that has made a contribution to a limited cooperative association and:

  • Lender Recipient Party means collectively, the Lenders, the Swing Line Lender and the L/C Issuers.

  • Redeeming Partner has the meaning set forth in Section 8.6.A.

  • Qualifying Party means (a) a Limited Partner, (b) an Assignee or (c) a Person, including a lending institution as the pledgee of a Pledge, who is the transferee of a Limited Partner Interest in a Permitted Transfer; provided, however, that a Qualifying Party shall not include the Special Limited Partner.