A tag right generally benefits a minority shareholder operating (typically other than where a transferor has exercised a drag along right) on any proposed transfer of a certain percentage of shares so that the minority holders have tag along rights
to sell all/the same proportion of their interests to the purchaser.
Requirements for the status to be valid The employer has an obligation to provide a written statement to the individual setting out the full details of the loss of his employment rights, the shares and the rights attached to them including whether the shares are subject to any drag or tag along rights
tag along rights
granted to minority shareholders beyond what is required by law;
The Noteholders will be granted certain registration, listing and tag along rights
This first article of this edition is a text by Richard Saito and Alexandre Di Miceli da Silveira entitled The Relevance of Tag along Rights
and Identity of Controlling Shareholders for the Price Spreads between Dual-Class Shares: the Brazilian Case.
Furthermore, the Addendum refers to the parties' rights offirst refusal, Tag Along rights
, Buy-Me-Buy-You rights, Nomination ofDirectors, Nomination of Managers and Advisors, voting rights on certainmanners as well as additional provisions in the instance of sellingcontrolling shares in the Company.
Furthermore, the Addendum refers to the parties' rights of first refusal, Tag Along rights
, Buy-Me-Buy-You rights, Nomination of Directors, Nomination of Managers and Advisors, voting rights on certain manners as well as additional provisions in the instance of selling controlling shares in the Company.
Some, called tag along rights
, protect minority shareholders by ensuring they can sell their shares at the same price as the majority shareholders in a takeover.
SkyTerra may acquire additional interests in MSV on the same terms and conditions as offered to Motient if other MSV owners exercise their tag along rights
or if it negotiates and enters into exchange transactions with MSV option holders.
Tag Along rights
will be offered for the remaining shareholders of Pro-Cardiaco.
457, enacted in May 1997, amended the previous corporate law, abolishing tag along rights
Each of Blue Square and the existing shareholders would agree to grant first refusal rights and tag along rights
in connection with any proposed transfer of Eden shares in the future.