Subsidiaries/Parent Sample Clauses
The "SUBSIDIARIES; PARENT" clause defines how the rights and obligations under the agreement extend to the parent company and its subsidiaries. Typically, this clause clarifies whether actions, liabilities, or benefits attributed to the main contracting party also apply to its parent or subsidiary entities, and may specify the conditions under which these related companies are included or excluded from the agreement’s scope. Its core function is to ensure clarity regarding which corporate entities are bound by or benefit from the contract, thereby preventing disputes over the involvement of affiliated companies.
Subsidiaries/Parent. The Borrower has no Subsidiary. EGI owns all the stock of the Borrower.
Subsidiaries/Parent. The Company has no Subsidiaries. The Company is a Subsidiary of Obsidian Enterprises, Inc.
Subsidiaries/Parent. The Company has no Subsidiaries. OCP is the sole stockholder of the Company. 0CC is the general partner of OCP.
Subsidiaries/Parent. All references in this Agreement to the Subsidiaries of a Person will be deemed to include all direct and indirect Subsidiaries of such Person unless otherwise indicated or the context otherwise requires. All references to “Parent” after the Reincorporation Merger Effective Time and prior to the Merger Effective Time will, for the avoidance of doubt, be intended to refer to the Parent Surviving Corporation, as the context so requires.