Regional Development Incentives Regulations (C.R.C., c. 1386)

26 A loan guarantee agreement shall contain conditions respecting

• (a) the notification to be given to the Minister where the borrower is in default;

• (b) the terms and conditions under which the loan guarantee may be invoked;

• (c) the manner in which any assets of the borrower may be taken or seized by the lender;

• (d) the disposition or management of assets taken or seized by the lender;

• (e) the payments to the Receiver General to be made by the lender out of the disposition or management of assets taken or seized by the lender; and

• (f) such other terms and conditions as the Minister considers appropriate.