Common use of Variations and replacements Clause in Contracts

Variations and replacements. 7 The Guarantor acknowledges that the Relevant Documents may be varied or replaced from time to time. The Guarantor confirms that the Guaranteed Money includes any amount payable under any Relevant Document, and the Obligations include any obligation specified in any Relevant Document, as varied or replaced. The Guarantor confirms that this applies regardless of: (a) how the Relevant Document is varied or replaced; (b) the reasons for the variation or replacement; and (c) whether the Guaranteed Money decreases or increases, or whether the obligations increase or decrease, or the Relevant Document is otherwise more onerous as a result of the variation or replacement. This clause does not limit Clause 6 (Rights of FleetCos are protected).

Variations and replacements. 7 The Guarantor acknowledges that the Relevant Documents may be varied or replaced from time to time. The Guarantor confirms that the Guaranteed Money includes any amount payable under any Relevant Document, and the Obligations include any obligation specified in any Relevant Document, as varied or replaced. The Guarantor confirms that this applies regardless of: (a) how the Relevant Document is varied or replaced; (b) the reasons for the variation or replacement; and (c) whether the Guaranteed Money decreases or increases, or whether the obligations increase or decrease, or the Relevant Document is otherwise more onerous as a result of the variation or replacement. This clause does not limit Clause 6 (Rights of FleetCos are protected).