Glossary entry (derived from question below)
Danish term or phrase:
Medsalgsret
English translation:
tag-along (\'co-sale\') right
Added to glossary by
Paul Lambert
Mar 24, 2020 23:23
4 yrs ago
11 viewers *
Danish term
Medsalgsret
Danish to English
Bus/Financial
Law: Contract(s)
Share transfer agreement
The right of all equity share holders to sell their shares on the same terms as one other (to put it a bit simplistically).
Proposed translations
(English)
3 +1 | tag-along ('co-sale') right | Adrian MM. |
Proposed translations
+1
21 mins
Selected
tag-along ('co-sale') right
- voluntarily, as opposed to a forcible drag-along right cf. the 'translation' in the first web ref.
Example sentence:
Tag-along rights also referred to as "co-sale rights," are contractual obligations used to protect a minority shareholder, usually in a venture.
4 KudoZ points awarded for this answer.
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