The ParseChildrenAttribute class allows you to specify parsing logic for a custom server control by marking the server control with the ParseChildrenAttribute metadata attribute.
Marking your server control with the metadata attribute ParseChildren(true) instructs the parser to interpret the elements that are contained within the server control's tags as properties. In this scenario, the ChildrenAsProperties property is true.
Marking your server control with the metadata attribute ParseChildren(true,"<Default Property>") sets the DefaultProperty property to the name of the property that is passed into the attribute.
Marking your server control with the metadata attribute ParseChildren(false), the default value, instructs the parser to interpret the elements that are contained within the server control's tags as content that will be parsed with an associated ControlBuilder that is, as controls. In this scenario, the ChildrenAsProperties property is false.
For information about using attributes, see Extending Metadata Using Attributes.