Under Common Control With Clause Samples

The "Under Common Control With" clause defines the relationship between entities that are controlled by the same parent company or individual. In practice, this clause clarifies that certain rights, obligations, or restrictions in an agreement extend not only to the named parties but also to their affiliates that share common ownership or control. For example, if Company A and Company B are both subsidiaries of the same parent corporation, they are considered "under common control." This clause ensures that the agreement's terms are consistently applied to all relevant entities, preventing loopholes and maintaining the intended scope of the contract.