English Dictionary

drag-along right

名詞

(law) The right of a majority shareholder, when selling his/her stake, to force minority shareholders to join the deal and sell their stakes according to the same terms and conditions.

日本語の意味

多数株主が自己の株式売却時に、少数株主にも同一の条件で売却を強制できる権利

The board approved a drag-along right in the shareholders' agreement to prevent minority holders from blocking any sale authorized by the majority.

取締役会は、株主間契約に多数株主が少数株主に売却への参加を強制できる権利（ドラッグ・アロング権）を盛り込むことを承認し、少数株主が多数派の承認した売却を阻止できないようにした。

意味（1）

(law) The right of a majority shareholder, when selling his/her stake, to force minority shareholders to join the deal and sell their stakes according to the same terms and conditions.

drag-along rights （ plural ）