Multiple Debtors. It is understood that if the Debtor is comprised of more than one Person, the charges created by the Debtor hereunder pursuant to Section 2.1 hereof shall be interpreted to be charges created by each such Person in respect of both its individually owned or acquired present and future property and the property now or hereafter held by it with one or more other such Persons as if that Person had granted such charges either alone or jointly with one or more other such Persons pursuant to Section 2.1 hereof.
Appears in 2 contracts
Sources: General Security Agreement (Search by HEADLINES.COM Corp.), General Security Agreement (Stockhouse Inc)