Common use of The Majority Clause in Contracts

The Majority. Shareholders after receiving the Tag-Along Notice, shall not transfer the Transfer Shares to the third party purchaser unless the third party purchaser is willing to simultaneously purchase the Tag-Along Shares and pay to the Minority Shareholders the Tag-Along Price per Tag-Along Shares. It is expressly clarified and agreed between the Parties that if, for any reason whatsoever, the proposed third party purchaser is unable to acquire the Tag-Along Shares on the terms set forth in this Clause, the proposed third party purchaser shall not acquire any of the Transfer Shares.