Examples of Tag Rights in a sentence
The LIH Tag Rights shall not apply to any shares of EQY Common Stock pledged by any member of the Gazit Group as security for a bona fide loan from a Qualified Lender (any such currently or future pledged shares, the “Pledged Shares”) that are foreclosed upon or sold by the Qualified Lender.
Subject to Sections 2.8 and 7.1 of this Agreement, if Liberty Group acquires Additional Shares, such Additional Shares will be subject to (or benefit from) the LIH Tag Rights, Gazit ROFOs, LIH Voting Obligation and Section 2.8. In addition, as provided in Section 2.8, Liberty Group may only acquire Additional Shares, directly or indirectly, through a U.S. controlled entity.
Any Subject Shares not sold to the Proposed Gazit Transferee within 120 days of the termination of the Offer Period shall again be subject to the LIH Tag Rights pursuant to this Article 5.
Each Party acknowledges that the Drag Rights, Co-Sale Rights and the Tag Rights may result in a transfer of Shares or other Relevant Securities held by it and agrees and approves the application of the Drag Rights, Co-Sale Rights and Tag Rights in accordance with their terms.
Tag Rights In case of a proposed sale of such number of shares / compulsorily convertible instruments constituting more than 50% of the shareholding of any AssetCo in which Investor then holds an equity interest on a fully diluted basis (whether through a single or series of transactions), the Investor shall have tag along rights.
As a material obligation of Purchaser hereunder, Purchaser agrees to purchase all interests of any holder of such tag along rights (each, a “Tag Rights Seller”) if (i) Seller complies with the provisions of Section 6.11(b) and (ii) such Tag Rights Seller timely and properly exercise such tag along rights in compliance with its Tag Rights Agreement.
Tag Rights Prior to an IPO, each Holder of 5% or more of the issued and outstanding Common Shares shall have customary tag rights on a transfer by one or more Holders of collectively 20% or more of the total issued and outstanding Common Shares, in one or more transactions.
As a material obligation of Buyer hereunder, Buyer agrees to purchase all interests of the holders that may timely and properly exercise such tag along rights in and to the Leases and Xxxxx and associated property in compliance with applicable Tag Rights Agreements.
Purchaser acknowledges and agrees that in addition to its purchase of the Assets under, and pursuant to, this Agreement, it may also be purchasing from each Tag Rights Seller working interest in oil and gas properties (and associated assets) that are related to the Assets.
Drag and Tag Rights: All shareholders have tag-along rights on transfers of more than 20% of the outstanding shares, save for reorganization between affiliated parties within the same shareholder group.