Application to Subsidiaries Sample Clauses
The "Application to Subsidiaries" clause extends the rights, obligations, or protections outlined in an agreement to include the subsidiaries of one or both parties. In practice, this means that any provisions—such as confidentiality, indemnification, or service delivery—apply not only to the main contracting entities but also to their controlled affiliate companies. This clause ensures that the agreement's terms are consistently enforced across a broader corporate group, preventing loopholes where subsidiaries might otherwise be excluded from compliance or benefit.
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Application to Subsidiaries. The promises and covenants made by the Employee to the Company in this Agreement shall apply with the same force and effect and shall inure to the benefit of any Subsidiary or joint venture of the Company, whether such Subsidiary or joint venture exists as of the date hereof or shall exist at any date for which a promise or covenant made by the Employee pursuant to this Agreement shall be in effect. "Subsidiary" shall mean any corporation of which the Company owns securities having a majority of the ordinary voting power in electing the board of directors directly or through one or more subsidiaries.
Application to Subsidiaries. The Agreement is entered into by PKS and KMC on behalf of themselves and each member of the PKS Group and the KMC Group, respectively. This Agreement constitutes a direct obligation of each such member.
Application to Subsidiaries. The Shareholders agree that the provisions of Clauses 6.1 to 6.13, 11.1, 12, 13.2 and 14.3 shall apply mutatis mutandis to each subsidiary of the Company and shall, where required, cast their votes in favour of any resolutions of the Company for the purposes of the foregoing. In connection with the foregoing, references in such Clauses to:
Application to Subsidiaries. The Borrower will ensure that each of its Subsidiaries complies with sections 1.11, 1.12 and 1.13 of this Schedule, as if the references to the Borrower therein were references to each such Subsidiary.
Application to Subsidiaries. For purposes of this Section 3 and of Section 2 hereof, the term "Employer" shall include Employer and any and all of Employer's subsidiaries or ventures, or any affiliates of Employer (as such term is defined under the Securities Act of 1933), whether currently existing or hereafter formed. The affiliates of Employer are not intended to be construed as meaning other controlled affiliates of First Reserve Corporation.
Application to Subsidiaries. This Agreement is entered into by Level 3 and Kiewit on behalf of themselves and each member of the Level 3 Group and the Kiewit Group, respectively. This Agreement constitutes a direct obligation of each such member.
Application to Subsidiaries. TiVo intends for this Agreement to extend to all of its Subsidiaries with respect to the applicable licenses granted by TiVo and its Subsidiaries to Arris and its Subsidiaries under this Agreement (except as provided in Section 8.2). TiVo agrees that, to the extent they are not already bound, TiVo shall ensure that all such Subsidiaries are bound by the terms of this Agreement.
Application to Subsidiaries. The obligations of either party hereunder shall be applicable to subsidiaries of each such party. "Subsidiary" shall mean any entity owned fifty percent (50%) or more by a party.
Application to Subsidiaries. For purposes of this Section 3 and of Section 2 hereof, the term “Employer” shall include Employer and any and all of Employer’s subsidiaries or ventures, or any affiliates’ of Employer (as such term is defined under the Securities Act of 1933), whether currently existing or hereafter formed; provided, however, that in no event will this Section 3.6 permit re-assignment of Employee to a similar position at Employer’s subsidiaries or ventures or affiliates in replacement of Employee’s position at Employer.
Application to Subsidiaries. This Article 3, except for section 3.6, shall apply MUTATIS MUTANDIS to the conduct of the affairs and business of each Subsidiary of the Corporation.