How to create nodes at intersection of two objects in MapInfo Pro

Product Feature: Object Editing/Spatial Manipulation
The 'Overlay Nodes' function adds nodes to the target objects, at all points where the target objects intersect the currently selected objects. 

To use it, follow the steps outlined below...
  1. Select one or more objects in any layer of the active Map Window. Make the respective layer editable in the Layer Control then set the target object by going to Objects > Set Target... and clicking on an intersecting target object from the other layer 
  2. Go to Objects > Overlay Nodes and this will create nodes at the point of intersection between the chosen objects.
UPDATED:  July 19, 2017