Specified Entities Clause Samples

The Specified Entities clause identifies particular parties, affiliates, or entities that are subject to certain rights, obligations, or conditions within an agreement. In practice, this clause is used to clarify which entities are included when referencing a party, such as subsidiaries, parent companies, or designated third parties, and may be relevant for provisions like default, termination, or representations. Its core function is to ensure clarity and precision in the application of contractual terms, reducing ambiguity about which entities are covered and thereby minimizing potential disputes.