Common use of Designated Subsidiary Clause in Contracts

Designated Subsidiary. Anything in this Agreement to the contrary notwithstanding, the Parent agrees that the Buyer may cause one or more of its direct or indirect, wholly owned subsidiaries (including corporations or single member limited liability companies) designated by the Buyer to carry out all or part of the transactions contemplated by this Agreement; provided, however, that no such designation shall affect or diminish the liability of the Buyer under this Agreement.

Appears in 3 contracts

Samples: Acquisition Agreement (Alcoa Inc), Acquisition Agreement (Fairchild Corp), Acquisition Agreement (Fairchild Corp)

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Designated Subsidiary. Anything in this Agreement to the contrary notwithstanding, the Parent Seller agrees that the Buyer may cause one or more of its direct or indirect, wholly owned subsidiaries (including corporations or single member limited liability companies) designated by the Buyer to carry out all or part of the transactions contemplated by this Agreement; provided, however, that no such designation shall affect or diminish the liability of the Buyer under this Agreement.

Appears in 1 contract

Samples: Asset Purchase Agreement (Dexter Corp)

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Designated Subsidiary. Anything in this Agreement to the contrary notwithstanding, the Parent Seller agrees that the Buyer Purchaser may cause one or more of its direct or indirect, wholly owned subsidiaries (including corporations or single member limited liability companies) designated by the Buyer Purchaser to carry out all or part of the transactions contemplated by this Agreement; provided, however, that no such designation shall affect or diminish the liability of the Buyer Purchaser under this Agreement.

Appears in 1 contract

Samples: Asset Purchase Agreement (Fibermark Inc)

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