Benefit of this Deed. This Deed shall be binding upon the Borrowers and their respective successors in title and shall enure for the benefit of the Security Agent and its successors in title, assignees and/or replacements. The Borrowers expressly acknowledge and accept the provisions of clause 16.14 of the Loan Agreement and agree that any person who replaces the Security Agent in accordance with such clause shall be entitled to the benefit of this Deed.
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Samples: Master Swap Agreement (Quintana Shipping Ltd.), Supplemental Agreement (Quintana Shipping Ltd.), Supplemental Agreement (Quintana Shipping Ltd.)
Benefit of this Deed. This Deed shall be binding upon the Borrowers and their respective successors in title and shall enure for the benefit of the Security Agent and its successors in title, assignees title and/or replacements. The Borrowers expressly acknowledge and accept the provisions of clause 16.14 16 of the Loan Agreement and agree that any person who replaces the Security Agent in accordance with such clause shall be entitled to the benefit of this Deed.
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