Common use of SECURITY AND RELATED AGREEMENTS Clause in Contracts

SECURITY AND RELATED AGREEMENTS. 3.1.1 In connection with the issue of the Notes or in respect of any Series, the Issuer may enter into swap transactions or other hedging agreements or any letters of credit, guarantees or other credit support or credit enhancement documents or other financial arrangements (each a "RELATED AGREEMENT") with one or more counterparties (each a "COUNTERPARTY"). The obligations of a Counterparty may be guaranteed by a guarantor (the "GUARANTOR").

SECURITY AND RELATED AGREEMENTS. 3.1.1 In connection with the issue of the Notes or in respect of any Series, the Issuer may enter into swap transactions or other hedging agreements or any letters of credit, guarantees or other credit support or credit enhancement documents or other financial arrangements (each a "RELATED AGREEMENTRelated Agreement") with one or more counterparties (each a "COUNTERPARTYCounterparty"). The obligations of a Counterparty may be guaranteed by a guarantor (the "GUARANTORGuarantor").