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Security
CUSTOMER
RECEIVABLES
Customer receivables deposited to segregated bank account with complete oversight from SLC.
OVERSIGHT
Oversight of Bill of Materials purchasing and manufacturing progress according to PO timelines.
REGISTERED SECURITY INTEREST
Registered security interest in completed equipment package.
DEFAULT PROTECTION
In the event of a customer default, the manufacturer is responsible for repayment and/or the receivable is replaced with another receivable of equal or greater value.
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