Glossary entry

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

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.

Peer comment(s):

agree Diarmuid Kennan : Also according to Gyldendal DA>EN
9 hrs
Thanks and takk. Post-retirement I'll need to stick to my trusty Bailey's DAN>ENG dictionary as well as Irish Cream.
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