TAKE ALONG definition

TAKE ALONG. RIGHTS. Each holder of Securities hereby agrees, if requested by the ▇▇▇▇ Majority Holders, to Transfer for value (for purposes of this Section 6, a "Sale") a specified percentage (for purposes of this Section 6, the "Sale Percentage") of the Securities then owned by such holder to any Person (for purposes of this Section 6, the "Proposed Buyer") in the manner and on the terms set forth in this Section 6 in connection with the Sale by one or more holders of ▇▇▇▇ Securities (collectively, the "Proposed ▇▇▇▇ Seller") of the Sale Percentage of the total number of ▇▇▇▇ Securities held by all holders of ▇▇▇▇ Securities on a fully diluted basis to the Proposed Buyer; provided, however, that no holder of Securities shall have any obligations under this Section 6 with respect to a particular Transfer if the Sale Percentage with respect to such Transfer is less than 10%.
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TAKE ALONG. RIGHTS. Each holder of Shares hereby agrees, if requested by the holders of two-thirds of the Shares (for purposes of this Section 6 collectively, the "Proposed Sellers") to Transfer for value (for purposes of this Section 6, a "Sale") a specified percentage, but in no event less than 66 2/3% (for purposes of this Section 6, the "Sale Percentage"), of the Shares then owned by such holders to any Person not affiliated with any of the Proposed Sellers (for purposes of this Section 6, the "Proposed Buyer") in the manner and on the terms set forth in this Section 6 in connection with the Sale by Proposed Sellers of the Sale Percentage of the total number of Shares held by all holders of Shares on a fully diluted basis to the Proposed Buyer.
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TAKE ALONG. RIGHTS. Each holder of Securities hereby agrees, if requested by the Fund Majority Holders, to Transfer for value (for purposes of this Section 5, a "Sale") a specified percentage (for purposes of this Section ---- 5, the "Sale Percentage") of the Common Stock then owned by or issuable --------------- (pursuant to any Option) to such holder to any Person other than a Fund Investor or any of their respective Affiliates (for purposes of this Section 5, the "Proposed Buyer") in the manner and on the terms set forth in this Section 5 in -------------- connection with the Sale by one or more holders of Fund Securities (collectively, the "Proposed Fund Seller") of the Sale Percentage of the total -------------------- number of Fund Securities held by all holders of Fund Securities (calculated on a fully diluted basis as if all shares of Common Stock issuable upon exercise of Options held by any Fund Investor were issued and outstanding) to the Proposed Buyer; provided, however, that the Fund Investors shall not be entitled to so -------- ------- require others to participate in any Sale unless the Fund Investors propose to sell in such Sale a majority of all Common Stock then owned by the Fund Investors.
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More Definitions of TAKE ALONG

TAKE ALONG means a transaction in which a holder of securities of the Company is required to sell or vote any securities of the Company pursuant to Section 2.4 of the Stockholders Agreement.
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Related to TAKE ALONG

  • Transfer student A student who enters a participating college or university after earning college-level credit at another college or university.

  • Collocate or "collocation" means to install, mount, maintain, modify, operate, or replace wireless facilities on or adjacent to a wireless support structure or utility pole, whether existing or new.

  • Occupy “Occupation” and “Occupied” means occupation for the purposes of the Planning Permission but not including occupation by personnel engaged in the construction fitting out or decoration or occupation for marketing or display or occupation in relation to security operations

  • Store means any retail store (which may include any real property, fixtures, equipment, inventory and other property related thereto) operated, or to be operated, by any Loan Party.

  • Divest means, with respect to a Distracting Product, the sale, exclusive license or other transfer by the applicable Party and its Affiliates of all of their development and commercialization rights with respect to such Distracting Product to a Third Party without the retention or reservation of any development or commercialization obligation, interest or participation rights (other than solely an economic interest or the right to enforce customary terms contained in the relevant agreements effectuating such transaction).