A tag along provision also called ‘co-sale right’ is a clause that allows minor shareholders to ‘tag along’ with a larger shareholder … Definitions by the largest Idiom Dictionary. Tag along definition: If someone goes somewhere and you tag along , you go with them, especially when they have... | Meaning, pronunciation, translations and examples Learn more. Tag definition: A tag is a small piece of card or cloth which is attached to an object or person and has... | Meaning, pronunciation, translations and examples Tag-along right (TAR) is a legal concept in corporate law.. November 20, 2014 (Updated on July 30, 2018) A shareholders’ agreement is a legally binding contract between shareholders and a company, as well as between each shareholder of the company.

Drag-Along Rights: A drag-along right is a right that enables a majority shareholder to force a minority shareholder to join in the sale of a company. La validité d’une telle clause a néanmoins été admise par une jurisprudence constante et notamment par une décision du 28 janvier 2014 rendue par la Cour d’appel de Paris. tagged along phrase. tag along meaning: 1. to go somewhere with a person or group, usually when they have not asked you to go with them…. This right protects minority shareholders from being … Principal Translations: Inglés: Español: tag along vi phrasal phrasal verb, intransitive: Verb with adverb(s) or preposition(s), having special meaning and not taking direct object--for example, "make up" [=reconcile]: "After they fought, they made up. Tagalong definition is - one that persistently and often annoyingly follows the lead of another. tag along meaning, definition, what is tag along: to go somewhere with someone, especially...: Learn more. Definitions by the largest Idiom Dictionary. Tag along drag along rights explained. What are tag along and drag along rights? A person who follows around another particular group of friends (a "clique") but does not really interact with them. In particular, a majority shareholder may have access to potential buyers and may be able to negotiate better terms or pricing than the minority shareholders can. What does tag along expression mean? long (tăg′ə-lông′, -lŏng′) n. One that persistently follows another: "Technological change separates the innovators from the tag-alongs" (Thomas G. Exter). Dilution of the company's shares is sometimes good, and different scenarios need to be considered before adding tag along rights to the agreement. Under the concept, if the majority shareholder(s) of an entity sells their stake, the remaining minority shareholders have the right to join the deal and to sell their shares at the same terms and conditions as the majority shareholder(s), and the new owner must purchase those interests as well.. tag along definition: 1. to go somewhere with a person or group, usually when they have not asked you to go with them…. What does tag along expression mean? This is to explain what Tag Along and Drag Along rights are. What does tagged along expression mean? It aims to assure that if the majority shareholder sells his stake, minority holders have the option to sell their stake at the same terms and conditions as would apply to the majority shareholder.

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