Red Hat NETWORK 3.4 - PROVISIONING Reference Manual page 46

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A key may specify any number of child channels. For each child channel, subscription is attempted.
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If the child channel matches the system's base channel, subscription succeeds. If it does not, the
subscription fails silently. Refer to Section 4.6 Channels for more information.
Keys created by an Organization Administrator are available for modification and use by other
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Organization Administrators within the organization. These permissions are set through the Users
tab of the RHN website. Refer to Section 4.8 Users for details.
Systems registered by activation keys are tied to the organization or overall account in which the
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key was created, not the key itself. After registration, a key can be safely deleted without any effect
on the systems it was used to register.
Chapter 2. Red Hat Update Agent