Abstract: A holder blade with a leading portion and a body portion. The leading portion includes a lower jaw and an upper jaw. The upper jaw has an upper side and a clamping surface. The lower jaw and the upper jaw have a gap between them forming a cutting insert pocket. The leading portion also includes an opening extending in a generally rearward direction from the cutting insert pocket, to allow resilient displacement of the upper jaw relative to the lower jaw. The leading portion also includes a protuberance extending from the upper jaw, so that on displacing the protuberance the upper jaw is resiliently displaced and the gap between the upper and lower laws is widened.