Common use of PPSA Clause in Contracts

PPSA. 12.1 Terms used in clause 12 that are defined in the PPSA have the same meaning as in the PPSA. 12.2 Without limitation to other rights of the Company, from the time the Goods are in the possession of the Company or a Subcontractor, the Goods are subject to a continuing security interest in favour of the Company for the payment of all amounts due and owing by the Customer under the Agreement. 12.3 The Customer acknowledges and consents to the Company's registration and perfection of the Company's security interest under the Agreement for the purposes of the PPSA. 12.4 The Customer will not grant a security interest to another person, or allow any encumbrance to arise, in respect of the Goods. 12.5 To the extent permitted by law, the Customer irrevocably waives any right it may have to: (a) receive notices or statements under sections 95, 118, 121(4), 124(4), 125, 130, 132(3)(d) 132(4) and 135 of the PPSA; and (b) redeem the Goods under section 142 of the PPSA; (c) reinstate this Agreement under section 143 of the PPSA; and (d) receive a verification statement. 12.6 The Customer will do all things and execute all documents reasonably necessary to give effect to the security interest created under this Agreement or comply with any reasonable request by the Company in connection with the PPSA.

Appears in 12 contracts

Samples: Terms and Conditions, Terms of Business, Terms and Conditions

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PPSA. 12.1 Terms used in clause 12 that are defined in the PPSA have the same meaning as in the PPSA. 12.2 Without limitation to other rights of the Company, from the time the Goods are in the possession of the Company or a Subcontractor, the Goods are subject to a continuing security interest in favour of the Company for the payment of all amounts due and owing by the Customer under the Agreement. 12.3 The Customer acknowledges and consents to the Company's registration and perfection of the Company's security interest under the Agreement for the purposes of the PPSA. 12.4 The Customer will not grant a security interest to another person, or allow any encumbrance to arise, in respect of the Goods. 12.5 To the extent permitted by law, the Customer irrevocably waives any right it may have to: (a) receive notices or statements under sections 95, 118, 121(4), 124(4), 125, 130, 132(3)(d) or 132(4) and 135 of the PPSA; and (b) redeem the Goods under section 142 of the PPSA; (c) reinstate this Agreement under section 143 of the PPSA; and (d) receive a verification statement. 12.6 The Customer will do all things and execute all documents reasonably necessary to give effect to the security interest created under this Agreement or comply with any reasonable request by the Company in connection with the PPSA.

Appears in 7 contracts

Samples: Terms and Conditions, Terms and Conditions, Terms and Conditions

PPSA. 12.1 14.1 Terms used in clause 12 14 that are defined in the PPSA have the same meaning as in the PPSA. 12.2 14.2 Without limitation to other rights of the CompanyWhale, from the time the Goods are in the possession of the Company Whale or a Subcontractor, the Goods are subject to a continuing security interest in favour of the Company Whale for the payment of all amounts due and owing by the Customer under the Agreement. 12.3 14.3 The Customer acknowledges and consents to the CompanyWhale's registration and perfection of the CompanyWhale's security interest under the Agreement for the purposes of the PPSA. 12.4 14.4 The Customer will not grant a security interest to another person, or allow any encumbrance to arise, in respect of the Goods. 12.5 14.5 To the extent permitted by law, the Customer irrevocably waives any right it may have to: (a) receive notices or statements under sections 95, 118, 121(4), 124(4), 125, 130, 132(3)(d) 132(4) and 135 of the PPSA; and (b) redeem the Goods under section 142 of the PPSA; (c) reinstate this Agreement under section 143 of the PPSA; and (d) receive a verification statement. 12.6 14.6 The Customer will do all things and execute all documents reasonably necessary to give effect to the security interest created under this Agreement or comply with any reasonable request by the Company Whale in connection with the PPSA.

Appears in 3 contracts

Samples: Standard Terms and Conditions, Terms and Conditions, Standard Terms and Conditions

PPSA. 12.1 12.1. Terms used in clause 12 that are defined in the PPSA have the same meaning as in the PPSA. 12.2 12.2. Without limitation to other rights of the Company, from the time the Goods are in the possession of the Company or a Subcontractor, the Goods are subject to a continuing security interest in favour of the Company for the payment of all amounts due and owing by the Customer under the Agreement. 12.3 12.3. The Customer acknowledges and consents to the Company's registration and perfection of the Company's security interest under the Agreement for the purposes of the PPSA. 12.4 12.4. The Customer will not grant a security interest to another person, or allow any encumbrance to arise, in respect of the Goods. 12.5 12.5. To the extent permitted by law, the Customer irrevocably waives any right it may have to: (a) receive notices or statements under sections 95, 118, 121(4), 124(4), 125, 130, 132(3)(d) 132(4) and 135 of the PPSA; and (b) redeem the Goods under section 142 of the PPSA; (c) reinstate this Agreement under section 143 of the PPSA; and (d) receive a verification statement. 12.6 12.6. The Customer will do all things and execute all documents reasonably necessary to give effect to the security interest created under this Agreement or comply with any reasonable request by the Company in connection with the PPSA.

Appears in 2 contracts

Samples: Terms and Conditions, Terms and Conditions

PPSA. 12.1 Terms used in clause 12 that are defined in the PPSA have the same meaning as in the PPSA. 12.2 Without limitation to other rights of the Company, from the time the Goods are in the possession of the Company or a Subcontractor, the Goods are subject to a continuing security interest in favour of the Company for the payment of all amounts due and owing by the Customer under the Agreement. 12.3 The Customer acknowledges and consents to the Company's ’s registration and perfection of the Company's ’s security interest under the Agreement for the purposes of the PPSA. 12.4 The Customer will not grant a security interest to another person, or allow any encumbrance to arise, in respect of the Goods. 12.5 To the extent permitted by law, the Customer irrevocably waives any right it may have to: (a) receive notices or statements under sections 95, 118, 121(4), 124(4), 125, 130, 132(3)(d) 132(4) and 135 of the PPSA; and (b) redeem the Goods under section 142 of the PPSA; (c) reinstate this Agreement under section 143 of the PPSA; and (d) receive a verification statement. 12.6 The Customer will do all things and execute all documents reasonably necessary to give effect to the security interest created under this Agreement or comply with any reasonable request by the Company in connection with the PPSA.

Appears in 1 contract

Samples: Terms and Conditions

PPSA. 12.1 18.1 Terms used in this clause 12 18 that are defined in the PPSA have the same meaning as in the PPSA. 12.2 18.2 Without limitation to other rights of the CompanyCarrier, from the time the Goods are in the possession of the Company Carrier or a SubcontractorSub- contractor, the Goods are subject to a continuing security interest in favour of the Company Carrier for the payment of all amounts due and owing by the Customer under the this Agreement. 12.3 18.3 The Customer acknowledges and consents to the CompanyCarrier's registration and perfection of the CompanyCarrier's security interest under the this Agreement for the purposes of the PPSA. 12.4 18.4 The Customer will not grant a security interest to another person, or allow any encumbrance to arise, in respect of the Goods. 12.5 18.5 To the extent permitted by law, the Customer irrevocably waives any right it may have to: (a) receive notices or statements under sections 95, 118, 121(4), 124(4), 125, 130, 132(3)(d) 132(4) and 135 of the PPSA; and (b) redeem the Goods under section 142 of the PPSA; (c) reinstate this Agreement under section 143 of the PPSA; and (d) receive a verification statement. 12.6 18.6 The Customer will do all things and execute all documents reasonably necessary to give effect to the security interest created under this Agreement or comply with any reasonable request by the Company Carrier in connection with the PPSA.

Appears in 1 contract

Samples: Transport Terms and Conditions

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PPSA. 12.1 12.1. Terms used in clause 12 that are defined in the PPSA have the same meaning as in the PPSA.. SIGN HERE 12.2 12.2. Without limitation to other rights of the Company, from the time the Goods are in the possession of the Company or a Subcontractor, the Goods are subject to a continuing security interest in favour of the Company for the payment of all amounts due and owing by the Customer under the Agreement. 12.3 12.3. The Customer acknowledges and consents to the Company's ’s registration and perfection of the Company's ’s security interest under the Agreement for the purposes of the PPSA. 12.4 12.4. The Customer will not grant a security interest to another person, or allow any encumbrance to arise, in respect of the Goods. 12.5 12.5. To the extent permitted by law, the Customer irrevocably waives any right it may have to: (a) receive notices or statements under sections 95, 118, 121(4), 124(4), 125, 130, 132(3)(d) 132(4) and 135 of the PPSA; and (b) redeem the Goods under section 142 of the PPSA; (c) reinstate this Agreement under section 143 of the PPSA; and (d) receive a verification statement. 12.6 12.6. The Customer will do all things and execute all documents reasonably necessary to give effect to the security interest created under this Agreement or comply with any reasonable request by the Company in connection with the PPSA.

Appears in 1 contract

Samples: Terms and Conditions

PPSA. 12.1 Terms used in clause 12 that are defined in the PPSA have the same meaning as in the PPSA. 12.2 Without limitation to other rights of the CompanyAWS Customs, from the time the Goods are in the possession of the Company AWS Customs or a Subcontractor, the Goods are subject to a continuing security interest in favour of the Company AWS Customs for the payment of all amounts due and owing by the Customer under the Agreement. 12.3 The Customer acknowledges and consents to the Company's AWS Customs registration and perfection of the Company's AWS Customs security interest under the Agreement for the purposes of the PPSA. 12.4 The Customer will not grant a security interest to another person, or allow any encumbrance to arise, in respect of the Goods. 12.5 To the extent permitted by law, the Customer irrevocably waives any right it may have to: (a) receive notices or statements under sections 95, 118, 121(4), 124(4), 125, 130, 132(3)(d) 132(4) and 135 of the PPSA; and (b) redeem the Goods under section 142 of the PPSA; (c) reinstate this Agreement under section 143 of the PPSA; and (d) receive a verification statement. 12.6 The Customer will do all things and execute all documents reasonably necessary to give effect to the security interest created under this Agreement or comply with any reasonable request by the Company AWS Customs in connection with the PPSA.

Appears in 1 contract

Samples: Terms and Conditions

PPSA. 12.1 Terms used in clause 12 that are defined in the PPSA have the same meaning as in the PPSAthePPSA. 12.2 Without limitation to other rights of the Company, from the time the Goods are in the possession of the Company or a Subcontractor, the Goods are subject to a continuing security interest in favour of the Company for the payment of all amounts due and owing by the Customer under the AgreementtheAgreement. 12.3 The Customer acknowledges and consents to the Company's registration and perfection of the Company's security interest under the Agreement for the purposes of the PPSA. 12.4 The Customer will not grant a security interest to another person, or allow any encumbrance to arise, in respect of the Goods. 12.5 To the extent permitted by law, the Customer irrevocably waives any right it may have to: (a) receive notices or statements under sections 95, 118, 121(4), 124(4), 125, 130, 132(3)(d) or 132(4) and 135 of the PPSA; and (b) redeem the Goods under section 142 of the PPSA; (c) reinstate this Agreement under section 143 of the PPSA; and (d) receive a verification statement. 12.6 The Customer will do all things and execute all documents reasonably necessary to give effect to the security interest created under this Agreement or comply with any reasonable request by the Company in connection with the PPSA.

Appears in 1 contract

Samples: Terms and Conditions

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