Payments and Proceeds. 5.1 Before or after default under this Security Agreement, the Holder may notify all or any Account Debtors of the security constituted by this Security Agreement and may also direct such Account Debtors to make all payments on the Collateral to the Holder.
Appears in 4 contracts
Samples: Loan Agreement (Bioshaft Water Technology, Inc.), General Security Agreement (Bioshaft Water Technology, Inc.), General Security Agreement (Bioshaft Water Technology, Inc.)