Common use of Benefit of Deed of Covenant Clause in Contracts

Benefit of Deed of Covenant. Any Notes issued under the Programme on or after the date of this Deed of Covenant shall have the benefit of this Deed of Covenant but shall not have the benefit of any subsequent deed of covenant relating to the Programme (unless expressly so provided in any such subsequent deed).

Benefit of Deed of Covenant. Any Notes issued in bearer form under the Programme on or after the date of this Deed of Covenant shall have the benefit of this Deed of Covenant but shall not have the benefit of any subsequent deed of covenant relating to the Programme (unless expressly so provided in any such subsequent deed).

Benefit of Deed of Covenant. Any Notes issued by Mediobanca under the Programme on or after the date of this Deed of Covenant shall have the benefit of this Deed of Covenant but shall not have the benefit of any subsequent deed of covenant relating to the Programme (unless expressly so provided in any such subsequent deed).

Benefit of Deed of Covenant. Any Notes issued under the Programme on or after the date of this Deed of Covenant, except for Notes which are issued on or after the date of this Deed of Covenant which are to be fungible with Notes issued prior to the date of this Deed of Covenant which shall have the benefit of the deed of covenant in force at the date of the issue of the original Notes, shall have the benefit of this Deed of Covenant but shall not have the benefit of any subsequent deed of covenant relating to the Programme (unless expressly so provided in any such subsequent deed).