Common use of Application to Present and Future Subsidiaries Clause in Contracts

Application to Present and Future Subsidiaries. This Agreement is being entered into by the Parties on behalf of themselves and their respective Subsidiaries. This Agreement shall constitute a direct obligation of each such entity and shall be deemed to have been readopted and affirmed on behalf of any entity that becomes a Subsidiary of any Party to this Agreement in the future.

Appears in 6 contracts

Sources: Tax Matters Agreement, Tax Matters Agreement (Four Corners Property Trust, Inc.), Tax Matters Agreement (Four Corners Property Trust, Inc.)