Common use of Benefit of this Deed Clause in Contracts

Benefit of this Deed. This Deed shall be binding on, and enure for the benefit of, the Shareholder and the Pledgee and their respective successors and, in the case of the Pledgee, its assignees and/or replacements. The Shareholder expressly acknowledges and accepts the provisions of clause 16.14 of the Loan Agreement and agrees that any person who replaces the Pledgee in accordance with such clause shall be entitled to the benefit of this Deed.

Benefit of this Deed. This Deed shall be binding on, and enure for the benefit of, the Shareholder and the Pledgee and their respective successors and, in the case of the Pledgee, its assignees and/or replacements. The Shareholder expressly acknowledges and accepts the provisions of clause 16.14 of the Loan Agreement and agrees that any person who replaces the Pledgee in accordance with such clause shall be entitled to the benefit of this Deed.