Common use of PPS Law Clause in Contracts

PPS Law. (a) Bunge acknowledges and agrees that the Warehouser has a purchase money security interest ("PMSI") over the Warehouser’s Grain and any proceeds of sale thereof for the purposes of the PPSA and that the Warehouser or the Warehouser's agent may register the PMSI on the Personal Property Security Register.

Appears in 3 contracts

Samples: Bunge Grower Warehousing Agreement, Bunge Grower Warehousing Agreement, Bunge Grower Warehousing Agreement

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PPS Law. (a) 1. Bunge acknowledges and agrees that the Warehouser has a purchase money security interest ("PMSI") over the Warehouser’s Grain and any proceeds of sale thereof for the purposes of the PPSA and that the Warehouser or the Warehouser's agent may register the PMSI on the Personal Property Security Register.

Appears in 2 contracts

Samples: Bunge Grower Warehousing Agreement, Bunge Grower Warehousing Agreement

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