Scope; Additional Parties Clause Samples
The "Scope; Additional Parties" clause defines the boundaries of the agreement and identifies which parties are covered by its terms. It typically outlines what activities, products, or services the contract applies to, and specifies whether third parties, affiliates, or subsidiaries are included or may be added in the future. This clause ensures all parties understand who is bound by the agreement and what is covered, thereby preventing disputes over applicability and clarifying the extent of contractual obligations.
Scope; Additional Parties. GM will use reasonable best efforts to cause each Designated GM Domestic Entity that becomes a party to any Specified Integrated Agreement after the Effective Date to agree to be bound by this Agreement by entering into an Opt In letter in the form attached hereto as Exhibit B. Upon the execution of such Opt In letter, such Designated GM Domestic Entity will become a party to this Agreement. Until such time as a particular Designated GM Domestic Entity becomes a party to this Agreement, GM will use reasonable best efforts to cause such Designated GM Domestic Entity to honor and perform the obligations set forth in this Agreement, as if it were a party to this Agreement. Nothing in this Agreement creates any promise by GM or GMAC, respectively, to be responsible for the payment or performance of any obligation owed by their respective Subsidiaries, unless expressly provided in this Agreement.