EXECUTION OF NEW SECURITY. For the purposes of this clause 22 it is expressly agreed and acknowledged that the execution of a guarantee and/or deed of adherence by a new Subsidiary or other Obligor or proposed Obligor or any deed or instrument pursuant to a further assurance provision in this Agreement or the other Finance Documents shall not constitute an amendment or modification to, or variation of, any of the Finance Documents.
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Samples: Facilities Agreement (Texas Utilities Electric Co), Facilities Agreement (Tu Acquisitions PLC), Facilities Agreement (Texas Utilities Co /Tx/)
EXECUTION OF NEW SECURITY. For the purposes of this clause 22 it is expressly agreed and acknowledged that the execution of a guarantee and/or deed of adherence by a new Subsidiary REC Company or other Obligor or proposed Obligor or any deed or instrument pursuant to a further assurance provision in this Agreement or the other Finance Documents shall not constitute an amendment or modification to, or variation of, any of the Finance Documents.
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