TERMIUM Plus®
The Government of Canada’s terminology and linguistic data bank.
REVERSE PIGGY BACK CLAUSE [1 record]
Record 1 - internal organization data 2004-03-23
Record 1, English
Record 1, Subject field(s)
- Commercial and Other Bodies (Law)
- Stock Exchange
- Investment
Record 1, Main entry term, English
- drag-along provision
1, record 1, English, drag%2Dalong%20provision
correct
Record 1, Abbreviations, English
Record 1, Synonyms, English
- drag along provision 2, record 1, English, drag%20along%20provision
correct
- drag-along clause 3, record 1, English, drag%2Dalong%20clause
correct
- drag along clause 4, record 1, English, drag%20along%20clause
correct
- reverse piggy back clause 4, record 1, English, reverse%20piggy%20back%20clause
Record 1, Textual support, English
Record number: 1, Textual support number: 1 CONT
Drag along [provision]. This is the converse to the tag along provision and means that a majority holder or holders can insist on "dragging along" a minority shareholder in the event of a bona fide offer for the company from a third party. 5, record 1, English, - drag%2Dalong%20provision
Record 1, French
Record 1, Domaine(s)
- Organismes commerciaux ou non (Droit)
- Bourse
- Investissements et placements
Record 1, Main entry term, French
- clause d'entraînement
1, record 1, French, clause%20d%27entra%C3%AEnement
correct, feminine noun
Record 1, Abbreviations, French
Record 1, Synonyms, French
- clause de sortie simultanée 2, record 1, French, clause%20de%20sortie%20simultan%C3%A9e
feminine noun, Belgium
Record 1, Textual support, French
Record number: 1, Textual support number: 1 CONT
La clause «piggyback», parfois désignée «d'entraînement», est de mise dans les conventions entre un actionnaire majoritaire et un ou plusieurs actionnaires minoritaires. Elle prévoit la vente des actions du ou des minoritaires à un tiers acquéreur des actions du majoritaire. 3, record 1, French, - clause%20d%27entra%C3%AEnement
Record number: 1, Textual support number: 1 OBS
Advenant le cas où un tiers de bonne foi offrirait d'acheter toutes les actions de la compagnie et que les majoritaires décideraient quant à eux d'accepter cette offre, les minoritaires seront tenus de vendre eux aussi toutes leurs actions à ce tiers acquéreur, aux mêmes prix et conditions mutatis mutandis, que ceux acceptés par les minoritaires. 3, record 1, French, - clause%20d%27entra%C3%AEnement
Record 1, Key term(s)
- clause d'entraînement renversée
- clause d'entraînement inversée
- clause piggyback
- clause piggyback renversée
Record 1, Spanish
Record 1, Textual support, Spanish
Copyright notice for the TERMIUM Plus® data bank
© Public Services and Procurement Canada, 2024
TERMIUM Plus®, the Government of Canada's terminology and linguistic data bank
A product of the Translation Bureau
Features
Language Portal of Canada
Access a collection of Canadian resources on all aspects of English and French, including quizzes.
Writing tools
The Language Portal’s writing tools have a new look! Easy to consult, they give you access to a wealth of information that will help you write better in English and French.
Glossaries and vocabularies
Access Translation Bureau glossaries and vocabularies.
- Date Modified: