Common use of Binding Instructions Clause in Contracts

Binding Instructions. Any binding instructions relating to Envestra Shares between Envestra and a Scheme Shareholder who receives APA Securities (including, without limitation, any instructions relating to communications from Envestra) will from the Implementation Date be deemed, by reason of this Scheme, to be a similarly binding instruction to and accepted by APA in respect of APA Securities until that instruction is revoked or amended in writing addressed to APA at its share registry (unless such an instruction would not be recognised under Australian law, the APT Constitution or the APTIT Constitution).