Common use of BENEFIT OF ASSIGNMENT Clause in Contracts

BENEFIT OF ASSIGNMENT. (1) This Assignment shall be binding upon and enure to the benefit of the Mortgagor and the Mortgagee and the successors in title of the Mortgagor and the Mortgagee and assigns of the Mortgagee. All undertakings, agreements, representations and warranties given, made or entered into by the Mortgagor under this Assignment shall survive the making of any assignments hereunder.