Common use of Subsidiary Public Offering Clause in Contracts

Subsidiary Public Offering. If, after an initial public offering of the equity securities of a Subsidiary of the LLC, the LLC distributes securities of such Subsidiary to members of the LLC, then the rights and obligations of the Company pursuant to this Agreement shall apply, mutatis mutandis, to such Subsidiary, and the LLC or the Company, as applicable, shall cause such Subsidiary to comply with such Subsidiary's obligations under this Agreement.

Appears in 5 contracts

Sources: Registration Rights Agreement (Prestige Brands International, Inc.), Registration Agreement (Appliance Warehouse of America Inc), Registration Agreement (Coinmach Corp)

Subsidiary Public Offering. If, after an initial public offering of the equity securities of a Subsidiary of the LLC, the LLC distributes securities of such Subsidiary to members of the LLC, then the rights and obligations of the Company pursuant to this Agreement shall apply, mutatis mutandis, to such Subsidiary, and the LLC or the Company, as applicable, shall cause such Subsidiary to comply with such Subsidiary's ’s obligations under this Agreement.

Appears in 1 contract

Sources: Registration Rights Agreement (Solera Holdings LLC)