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"Tag along election notice"

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11:37 Nov 11, 2008
This question was closed without grading. Reason: Answer found elsewhere

English to Italian translations [PRO]
Bus/Financial - Law: Contract(s) / shareholders' agreement
English term or phrase: "Tag along election notice"
Each of the Non-Offering Shareholders shall have the right to also sell all of the Shares (but not less than all) they own in the Company to the Third Party. Such a right shall be exercised by written notice (the “Tag Along Election Notice”) sent to the Seller (and copied to the other Non-Offering Shareholders and the Company) by registered mail (return receipt requested) within fifteen (15) calendar days of receipt of the Tag Along Notice. The Tag Along Election Notice shall confirm the details contained in the Transfer Notice, and state the number of shares to be sold by the Non-Offering Shareholder.
Roberta Zanasi
Italy
Local time: 21:17
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Summary of answers provided
4notifica di esercitare l'opzione del diritto di seguitodariodipi


  

Answers


17 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5
"tag along election notice"
notifica di esercitare l'opzione del diritto di seguito


Explanation:
nelle vendite di private equity, i soci minori possono avere un diritto di accodarsi alle scelte della maggioranza, per cui se il pacchetto di maggioranza viene ceduto, gli altri soci possono "accodarsi" e vendere le loro azioni (to tag along è un modo di dire "attacccato ai pantaloni").

dariodipi
Italy
Local time: 21:17
Specializes in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 18
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