The guarantee agreement establishes the different rights that the recipient will have in relation to the guarantee that applies in addition to all other rights that the lender may have in law, such as. B the rights of Section 9 of the Uniform Commercial Code, which has been adopted in one form or another by any state of the United States. The contract of guarantee also deals with matters such as authorized sales or other transactions involving the security in the normal course of the grantor`s business and communications that the beneficiary must give to the grantor when certain measures are taken. There are many forms that can be purchased from legal procurement and banking supply companies, in addition to software that creates a security agreement based on certain user inputs. Certain conditions must be met when listing debt securities and if the trustee acts as an intermediary between the issuer and the bondholder, this information must be included in the listing prospectus, for example: Here are some of the main reasons to use a securities trustee as part of a structure: Article 2095 E, which was introduced into the Civil Code, provides for the possibility of: “guarantee for the benefit of a trustee for the benefit of all current or future creditors or creditors or for the benefit of one or two categories of creditors”. Maltese law recognises that the sureary trustee must hold the guarantee in trust in the interest of all creditors who secure both the current and future debt to which they are entitled and to which they are entitled. In the case of financial transactions such as securitisations, it is important that the securities trustee is both an experienced professional and an independent party and that he or she has the right to access adequate and relevant asset information so that the trustee can monitor the compliance of bond issuers with the obligations set out in the fiduciary order. The role of the trustee is to reduce complications and provide added value and convenience to members. Mandaris offers the opportunity to take advantage of the use of a security trustee in commercial structures through its professional trust company Mandaris Trustees (Malta) Ltd, a fully licensed trust company recognised under the Trusts and Trustees Act. According to Maltese law, a security trust also allows for a subsequent change of lenders. .