Examples of Tag Along Holder in a sentence
Each Tag Along Holder who does not make a Tag Along Offer prior to the Tag Along Deadline shall be deemed to have waived all of such holder’s rights to participate in such Sale.
Each Tag Along Holder may elect to participate in the Transfer by delivering written notice (the “Tag Along Offer”) within five (5) Business Days after the date of delivery of the Tag Along Notice to such Holder (such date the “Tag Along Deadline”) (each Tag Along Holder so electing, a “Participating Seller”).
Notwithstanding anything to the contrary herein, after the two year anniversary of the Initial Public Offering, upon becoming eligible to sell all of his or her shares pursuant to Rule 144, a Tag Along Holder shall no longer be eligible to participate in the Tag Along rights provided by this Section 4(a).
Each Tag Along Holder who does not timely accept Waterton’s invitation will be deemed to have waived all of its rights with respect to such Tag Along Transfer, and the Waterton Group Members and the Tag Along Sellers will thereafter be free to Transfer to the Prospective Buyer, at a price per respective Unit no more than 110% of the price per applicable class of Units set forth in the Tag Along Notice, without any further obligation to such non-accepting Tag Along Holder.
In connection with a proposed Sale to which Section 4.1 applies, each Prospective Selling Shareholder agrees that it shall not enter into any agreement or take any action, the principal purpose of which is to discourage or prevent a particular Tag Along Holder from exercising such Tag Along Holder’s Tag Along rights pursuant to this Section 4.1.