Common use of Personal Property Security Act Clause in Contracts

Personal Property Security Act. 16.1 You consent for us to register any one or more security interest (as that term is defined in the Personal Property Securities Xxx 0000 (Cth) (‘PPSA’)) (‘Security Interest’) under the PPSA and you undertake to promptly do all things reasonably required by us to enable us to do so. You must promptly do anything required by us to ensure that any Security Interest granted to us is a perfected Security Interest and has priority over all other Security Interests in any item of plant and equipment (whether fixed or unfixed) and/or any works.

Appears in 3 contracts

Samples: Terms and Conditions, Definitions and Agreement, Definitions and Agreement

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Personal Property Security Act. 16.1 You consent for us to register any one or more security interest (as that term is defined in the Personal Property Securities Xxx 0000 Act 2009 (Cth) (‘PPSA’)) (‘Security Interest’) under the PPSA and you undertake to promptly do all things reasonably required by us to enable us to do so. You must promptly do anything required by us to ensure that any Security Interest granted to us is a perfected Security Interest and has priority over all other Security Interests in any item of plant and equipment (whether fixed or unfixed) and/or any works.

Appears in 2 contracts

Samples: Definitions and Agreement, Definitions and Agreement

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