Application to Present and Future Subsidiaries. This Agreement is being entered into by Distributing and Controlled on behalf of themselves and each Distributing Affiliate and each Controlled Affiliate, respectively. This Agreement shall constitute a direct obligation of each such affiliate and shall be deemed to have been readopted and affirmed on behalf of any corporation or other entity that becomes a Distributing Affiliate or a Controlled Affiliate in the future.
Appears in 5 contracts
Samples: Tax Sharing and Indemnification Agreement (Chaparral Steel CO), Tax Sharing and Indemnification Agreement (Chaparral Steel CO), Tax Sharing and Indemnification Agreement (Texas Industries Inc)