Common use of Security; Guaranties Clause in Contracts

Security; Guaranties. The Loans (both for principal and interest) shall be secured by the property described in a Security Agreement from the Customer and each of the Customer's subsidiaries and from certain other parties and by various mortgages and deeds of trust executed by the Customer and each of its subsidiaries (all of such documents, as the same may be amended, supplemented or restated from time to time being hereinafter referred to as the "Collateral Documents"). In addition, the Loans may also be secured by collateral which secures other indebtedness which the Customer may have outstanding from the Bank at the present time or in the future. The Bank shall have the right to call for additional security satisfactory to the Bank should the value of the collateral decline or be deemed by the Bank inadequate or unsatisfactory. The Loans shall at all times be guarantied by each subsidiary of the Customer and by various other entities pursuant to various guaranties satisfactory to the Bank.