Common use of Security and Guaranty Clause in Contracts

Security and Guaranty. (a) All obligations of the Borrower and the Guarantors under this Agreement, the Notes, the Guaranty, and all other Loan Documents, and the obligations of the Borrower to Reference Bank in respect of any Swap Contracts or cash management arrangements, shall be secured in accordance with the Collateral Documents. (b) All obligations of the Borrower under this Agreement, the Notes, and all other Loan Documents, and the obligations of the Borrower to Reference Bank in respect of any Swap Contracts or cash management arrangements, shall be unconditionally guaranteed by each Guarantor pursuant to the Guaranty.