PPSA Provisions. (a) PPSA means the Personal Property Securities Act 2009 (Cth). (b) You acknowledge that we will have a security interest under the PPSA in respect of the Secured Property, and you authorise us to register one or more security interests under the PPSA in respect of this document. (c) The rights and powers conferred on us by this document or the law are in addition to any rights and powers conferred by the PPSA. (d) For the avoidance of doubt, in addition to the powers under section 125 of the PPSA, we may take any action after default authorised by this document or the law, including delaying any disposal, leasing or action to retain any of the Secured Property.
Appears in 2 contracts
Samples: Secured Fixed Flexi Loan Agreement, Secured Fixed Flexi Loan Agreement
PPSA Provisions. (a) PPSA means the Personal Property Securities Act 2009 Xxx 0000 (Cth).
(b) You acknowledge that we will have a security interest under the PPSA in respect of the Secured Property, and you authorise authorize us to register one or toregister oneor more security interests under the PPSA in respect of this document.
(c) The rights and powers conferred on us by this bythis document or the law are in addition to any rights and powers conferred by the PPSA.
(d) For the avoidance of doubt, in addition to the tothe powers under section 125 of the PPSA, we may take any takeany action after default authorised by this afterdefault authorized bythis document or the law, including delaying any disposal, leasing or action to retain toretain any of the Secured Property.
Appears in 1 contract
Samples: Loan Agreement
PPSA Provisions. (a) PPSA means the Personal Property Securities Act 2009 Xxx 0000 (Cth).
(b) You acknowledge that we will have a security interest under the PPSA in respect of the Secured Property, and you authorise us to register one or more security interests under the PPSA in respect of this document.
(c) The rights and powers conferred on us by this document or the law are in addition to any rights and powers conferred by the PPSA.
(d) For the avoidance of doubt, in addition to the powers under section 125 of the PPSA, we may take any action after default authorised by this document or the law, including delaying any disposal, leasing or action to retain any of the Secured Property.
Appears in 1 contract
Samples: Loan Agreement