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 Fortive and Ralliant on behalf of themselves and the members of their respective Group. This Agreement shall constitute a direct obligation of each such Party and shall be deemed to have been readopted and affirmed on behalf of any entity that becomes a Subsidiary of Fortive or Ralliant in the future.

Appears in 3 contracts

Sources: Tax Matters Agreement (Ralliant Corp), Tax Matters Agreement (Fortive Corp), Tax Matters Agreement (Ralliant Corp)

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

Appears in 3 contracts

Sources: Tax Matters Agreement (Vontier Corp), Tax Matters Agreement (Vontier Corp), Tax Matters Agreement (Vontier Corp)

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

Appears in 2 contracts

Sources: Tax Matters Agreement, Tax Matters Agreement (Fortive Corp)