Examples of Tagging Shareholders in a sentence
The Tagging Shareholders must, if requested by the Proposed Seller, represent and warrant to the Proposed Purchaser on completion of the Transfer of the Tagging Securities that they are the legal owners of the Tagging Securities and have full power and authority to Transfer the Tagging Securities free of any Encumbrances but will not be required to provide any other representations or warranties.
In selling their Tag Securities pursuant to their co-sale right hereunder, the Tagging Shareholders shall not be required to give any representations or warranties with respect to their Tag Securities except to confirm that they have not transferred or encumbered such Tag Securities.
For the avoidance of doubt, the Tagging Shareholders shall not be obligated to pay any fees or deal expenses of the Selling Shareholder(s) or of any other Person in connection with the exercise of its rights under this Article 6.3.4.
Each of the Tagging Shareholders desiring to accept the Tag-Along Offer shall, within sixty (60) days after the date the Tag-Along Notice is received by such Tagging Shareholder (the “Tag-Along Notice Period”), deliver a written notice to Toshiba US (the “Tag-Along Exercise Notice”).
If Toshiba US receives a bona fide offer to Transfer from a third party (a “Tag-Along Offer”), in one transaction or in a series of related transactions, a majority of the Shares held by it as of the Closing Date which it desires to accept, Toshiba US shall then cause the Tag-Along Offer to be reduced to writing and shall provide written notice (the “Tag-Along Notice”) of such Tag-Along Offer to the Tagging Shareholders in the manner set forth in this Section 7.05.
The Tagging Shareholder shall have thirty (30) calendar days from the date the Tag Notice is given to notify the Purchasing Shareholder in writing of such Tagging Shareholder's irrevocable election to buy the Tag Shares (the "Tag Acceptance").
In the event such third party purchaser shall modify the Tag-Along Offer in any way, Toshiba UK shall send an amended Tag-Along Notice to the Tagging Shareholders reflecting such modifications and each Tagging Shareholder shall have until the later of thirty (30) days after the date such amended Tag-Along Notice is received by the it or the end of the original Tag-Along Notice Period, to deliver an amended Tag-Along Exercise Notice.
Each of the Tagging Shareholders desiring to accept the Tag-Along Offer shall, within sixty (60) days after the date the Tag-Along Notice is received by such Tagging Shareholder (the “Tag-Along Notice Period”), deliver a written notice to Toshiba UK (the “Tag-Along Exercise Notice”).
If, within 120 calendar days after delivery of the Tag-Along Response Notice, the Selling Shareholder(s) have not completed the transfer or sale of its Shares on the same terms and conditions set forth in the Tag Offer Notice, the Selling Shareholder(s) shall return to each Tagging Shareholder any documents in the possession of the Selling Shareholder(s) executed by the Tagging Shareholders in connection with the proposed Tag Sale.
However, the Tagging Shareholders shall not be required to make any representation or warranties to the Competitor, other than as to good title to the Tagged Shares, absence of liens with respect to the Tagged Shares, customary representations and warranties concerning the Tagging Shareholders’ power and authority to undertake the proposed Transfer, and the validity and enforceability of the Tagging Shareholders obligations in connection with the proposed Transfer.