Tag Right definition

Tag Right has the meaning specified in Section 3.04(a).
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Tag Right has the meaning given to such term in the APC/KM PSA.
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Tag Right has the meaning assigned in Section 7.5.
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Examples of Tag Right in a sentence

  • For illustration purposes, if 320 acres are planted, Limoneira’s Tag Right is 125 acre-feet, and if exercised, it is precluded from using any of the Total Water Allowance on 80 acres, unless other water is deemed available by Cadiz through the implementation of its Project and an agreement is reached between Cadiz and Limoneira as to the source and cost of such new water supply.

  • Limoneira shall have sixty (60) days to exercise its Tag Right by providing written notice to Cadiz.

  • See Exhibit A attached hereto and incorporated herein for an illustration of the Tag Right.

  • Neither the ROFO Right nor the Tag Right shall apply to any such Transfer to a Permitted Transferee.

  • During the Initial Offer Period, the Rights Party also may notify the Selling Party of its wish to exercise its Tag Right in accordance with Section 3.04, or its wish to pursue a joint sales process, as the Shareholders may otherwise agree.

  • Limoneira agrees that if it exercises its Tag Right pursuant to this Section 13, it shall curtail use of any of the Total Water Allowance on one-fourth (1/4th) of the acres planted.

  • For the avoidance of doubt, the Recipient cannot exercise its Last Right if it has already exercised its Tag Right.

  • Upon receipt of the Sale Notice and in case of a sale to a Purchaser, the Tag Right Holder, shall have the right to Transfer any or all of its respective Shares, prior to the Selling Shareholder, on the terms and conditions as set out in the Sale Notice and subject to any other terms and conditions that the Sale Shares may be subject to by the Purchaser.

  • If the Tag Right Holder chooses to exercise the Tag Along Right, then it shall serve upon the Selling Shareholder a written notice in that regard within 10 (Ten) days of receipt of the Sale Notice by the Tag Right Holder.

  • With respect to the Option Closing only, each Seller shall have executed and delivered, or caused to have been executed and delivered, an amendment to the Parks JOA, and other documentation regarding the Parks JOA, in the event any Tag Right Holders who are parties to the Parks JOA did not enter into a Tag Along PSA, pursuant to the terms of Section 7.08.


More Definitions of Tag Right

Tag Right means the right referred to in clause 12.4(c) or clause 12.7(b), as the context requires. Territory is defined in clause 1.3.
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Tag Right has the meaning set forth in Article 7.4(a)(ii);
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Tag Right simultaneously with the purchase of the Promoter Sale Shares. The “Tag Securities” shall mean (i) where the Promoters propose to Transfer less than 10% (ten percent) of the Promoter Shares in aggregate either in a single or a series of transactions, all or any part of pro rata number of the Securities held by the relevant Tag Shareholder on an “as if converted” basis; and (ii) where the Promoters propose to Transfer equal to or more than 10% (ten percent) of the Promoter Shares in aggregate either in a single or a series of transactions, all of the Securities held by the relevant Tag Shareholder in the Company. To the extent that a Tag Shareholder exercise its Tag Right in accordance with the terms and conditions of this Clause 4.3, the number of Securities that the Transferring Shareholder may sell as part of the total Securities in the Transfer to a Third Party Transferee shall be correspondingly reduced.
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Related to Tag Right

  • Tag-Along Right shall have the meaning set forth in Section 4.2.

  • Drag-Along Right has the meaning set forth in Section 8.6(a).

  • Tag-Along Rights has the meaning set forth in Section 5.2.

  • First Refusal Right means the right granted to the Corporation in accordance with Article E.

  • Secondary Refusal Right means the right, but not an obligation, of each Investor to purchase up to its pro rata portion (based upon the total number of shares of Capital Stock then held by all Investors) of any Transfer Stock not purchased pursuant to the Right of First Refusal, on the terms and conditions specified in the Proposed Transfer Notice.

  • Tag or “RFID tag” means the unique identification number or Radio Frequency Identification (RFID) issued to a licensee by the agency for tracking, identifying and verifying marihuana plants, marihuana products, and packages of marihuana product in the statewide monitoring system.

  • Tag-Along Shares has the meaning ascribed to such term in Section 4.4(a).

  • Tag-Along Seller has the meaning set forth in Section 8.5(b).

  • Put Right has the meaning set forth in Section 8.05(a).

  • Call Right The right of the holder thereof (or any successor), as named in the applicable Supplement, to purchase Certificates from the Holders thereof or to purchase Underlying Securities from the Trust.

  • Tag-Along Portion means, with respect to you and your Permitted Transferees, the number of shares of Common Stock beneficially owned by you and your Permitted Transferees on the date of the Tag-Along Notice multiplied by a fraction, the numerator of which is the maximum number of shares of Common Stock which can be sold in the Tag-Along Sale and the denominator of which is the aggregate number of shares of Common Stock beneficially owned by the Participants, collectively.

  • ROFR means a right of first refusal to purchase or a right of first offer to purchase one or more of the Mortgaged Properties pursuant to a recorded instrument (or a memorandum thereof) encumbering the applicable Mortgaged Property.

  • Drag-Along Sellers shall have the meaning set forth in Section 4.2.1.

  • Tag-Along Sale has the meaning set forth in Section 3.04(a).

  • Mining Rights means, without limitation, freehold title, fee title, leases, concessions, patented mining claims and millsites, unpatented mining claims and millsites, prospecting and exploration rights, mining and mineral rights, in respect of the Material Properties, or other conventional property or proprietary interests or rights, recognized in the jurisdiction in which the Material Properties are located.

  • Put Option means an exchange traded option with respect to Securities other than Stock Index Options, Futures Contracts, and Futures Contract Options entitling the holder, upon timely exercise and tender of the specified underlying Securities, to sell such Securities to the writer thereof for the exercise price.

  • Preemptive Right has the meaning set forth in Section 9.6(a).

  • Drag-Along Notice has the meaning set forth in Section 3.03(b).

  • Repurchase Option has the meaning set forth in Section 1.3(a) hereto.

  • Tag-Along Notice has the meaning set forth in Section 4.04(b).

  • Drag-Along Sale has the meaning set forth in Section 3.03(a).

  • Transferring Shareholder has the meaning set out in Section 6.1; and

  • Remaining Shares has the meaning set forth in Section 4.1.2.

  • Repurchase Right means the right granted to the Corporation in accordance with Article D.

  • Tag-Along Offer has the meaning set forth in Section 8.5(b).

  • Limited Right means the right to receive an amount of cash based upon the terms set forth in Section 9.