Common use of SpinCo Subsidiaries Clause in Contracts

SpinCo Subsidiaries. If, at any time, either Carrier or Otis acquires or creates one or more subsidiaries that are includable in the Carrier Group or the Otis Group, respectively, they shall be subject to this Agreement and all references to the Carrier Group or the Otis Group, as applicable, herein shall thereafter include a reference to such subsidiaries.

Appears in 7 contracts

Samples: Tax Matters Agreement (Otis Worldwide Corp), Tax Matters Agreement (Carrier Global Corp), Tax Matters Agreement (Raytheon Technologies Corp)

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