Common use of Personal Property Securities Act Clause in Contracts

Personal Property Securities Act. (a) To the extent a hire under this agreement creates a PPS lease, as defined in the Personal Property Securities Xxx 0000 (Cth) (“PPS Act”), we have a security interest in the Equipment as well as its proceeds for the purposes of the PPS Act. For the purposes of the PPS Act the collateral is described as containers and related equipment and the collateral may be further described in a Quote. (b) You warrant that any Equipment or materials hired from us are not hired predominantly for personal, domestic or household purposes. (c) You acknowledge that we may do anything reasonably necessary, including but not limited to registering any security interest which we have over the Equipment and/or any property inside the Equipment on the Personal Property Securities Register in order to perfect the security interest as a first priority security interest and comply with the requirements of the PPS Act. You agree without charge to provide all information and do all things reasonably necessary to assist us to undertake the matters set out above. You waive pursuant to s.157(3)(b) of the PPS Act the right to receive notice of a verification statement in relation to any registration. (d) You agree not to disclose information of the kind that can be requested under section 275(1) of the PPS Act.

Personal Property Securities Act. (a) 14.1 To the extent a hire lease under this agreement Agreement creates a PPS lease, as defined in the Personal Property Securities Xxx 0000 (Cth) (“PPS Act”), we have Premier Box has a security interest in the Equipment Containers as well as its proceeds for the purposes of the PPS Act. For the purposes of the PPS Act the collateral is described as containers the Containers and related equipment and the collateral may be further described in a Quoteequipment. (b) 14.2 You warrant that any Equipment or materials the Containers hired from us Premier Box are not hired predominantly for personal, domestic or household purposes. (c) 14.3 You acknowledge that we Premier Box may do anything reasonably necessary, including but not limited to registering any security interest which we have Premier Box has over the Equipment Containers and/or any property inside the Equipment Containers including Your Goods on the Personal Property Securities Register in order to perfect the security interest as a first priority security interest and comply with the requirements of the PPS Act. You agree without charge to provide all information and do all things reasonably necessary to assist us Premier Box to undertake the matters set out above. You waive pursuant to s.157(3)(bs 157(3)(b) of the PPS Act the right to receive notice of a verification statement in relation to any registrationregistration on the register. (d) 14.4 You agree not to disclose information of the kind that can be requested under section 275(1s275(1) of the PPS Act.

Personal Property Securities Act. (a) To the extent a hire under this agreement creates a PPS lease, as defined in the Personal Property Securities Xxx 0000 (Cth) (“PPS Act”), we have a security interest in the Equipment as well as its proceeds for the purposes of the PPS Act. For the purposes of the PPS Act the collateral is described as containers and related equipment and the collateral may be further described in a Quote. (b) You warrant that any Equipment or materials hired from us are not hired predominantly for personal, domestic or household purposes. (c) You acknowledge that we may do anything reasonably necessary, including but not limited to registering any security interest which we have over the Equipment and/or any property inside the Equipment on the Personal Property Securities Register in order to perfect the security interest as a first priority security interest and comply with the requirements of the PPS Act. You agree without charge to provide all information and do all things reasonably necessary to assist us to undertake the matters set out above. You waive pursuant to s.157(3)(b) of the PPS Act the right to receive notice of a verification statement in relation to any registrationregistration on the register. (d) You agree not to disclose information of the kind that can be requested under section 275(1) of the PPS Act.