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The World Law Dictionary Project

English may be the common language of the world, but the Common Law is not the common law of the world

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e.g. principle, consideration, jurisdiction
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tag along rights noun


a contract term providing that if a majority shareholder sells its stake in a company then the minority shareholder has the right to join the sale and sell its minority stake
When a shareholder seeks to sell its interest to a third party, tag-along rights enable another shareholder to co-sell its stake in the company under the same conditions as the selling shareholder.

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jurisdiction consideration principal

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