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In regard to this same issue they replied back with the following comments below.
[Omitted] is the parent company of 24 wholly owned subsidiaries, one of which is [Other corporation’s name and has been omitted]. Each subsidiary is a separate corporation, and each has their own federal ID number. Since all the subsidiaries are wholly owned and roll up under one parent company, for federal income tax purposes we file one consolidated tax return.
I understand the confusion this sometimes causes. With many of our vendors, including Red Cross and APSP, we have one agreement covering [Omitted] and it's subsidiaries. Could we amend the current agreement we have with you to accomplish this same thing? END OF THEIR COMMENT
This identical issue came up in regard to only one company they said they had a relationship with prior to the agreement being signed, and we told them then they would need a separate agreement and fee to be paid with the other company. The current agreement has no assignment provision in it.
Do we have the right to require that each wholly owned subsidiary obtain a separate agreement with us if they want the same right as their Parent company?
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