Common use of Subsidiaries and the Parent Clause in Contracts

Subsidiaries and the Parent. (a) During the term hereof, including, for the avoidance of doubt, during any renewal term, the Company and the Parent will each use their commercially reasonable efforts to cause any of their respective subsidiaries that are formed after the date hereof to enter into an investment management agreement with the Investment Manager on substantially the same terms and conditions as set forth herein, with any such agreements to be terminable on the same date that this Agreement is terminable. (b) As the Parent (or any current or future subsidiary) acquires HPS Managed Assets, such assets will be subject to the same terms and conditions as assets of the Company are subject under the terms hereof.