Common use of Guaranty and Security Principles Clause in Contracts

Guaranty and Security Principles. (a) The guarantees and security to be provided under the Loan Documents will be given in accordance with the security principles set out in this Schedule (the “Guaranty and Security Principles”). This Schedule identifies the Guaranty and Security Principles and addresses the manner in which the Guaranty and Security Principles will impact on and determine the extent and terms of the guarantees and security proposed to be provided in relation to the facilities made available under this Agreement.