Common use of PPSA Clause in Contracts

PPSA. If we determine that this Agreement (or any transaction in connection with it) contains a Security Interest for the purposes of the PPSA, you acknowledge that we will be entitled to Perfect such Security Interest by registration on the Register. You waive any entitlements under the PPSA regarding notices. You agree, at our request, to do all acts, matters and things necessary to ensure we hold a valid and Perfected Security Interest. Non-compliance by you with this clause will constitute a breach of this Agreement. Any cost associated with the enforcement of our rights under the PPSA will be payable by you. In this clause PPSA means the Personal Property and Securities Xxx 0000 (Cth), and Security Interest, Perfected and Register have the meanings given to those terms in the PPSA.

PPSA. If we determine that this Agreement (or any transaction in connection with it) contains a Security Interest for the purposes of the PPSA, you acknowledge that we will be entitled to Perfect such Security Interest by registration on the Register. You waive any entitlements under the PPSA regarding notices. You agree, at our request, to do all acts, matters and things necessary to ensure we hold a valid and Perfected Security Interest. Non-compliance by you with this clause will constitute a breach of this Agreement. Any cost associated with the enforcement of our rights under the PPSA will be payable by you. In this clause PPSA means the Personal Property and Securities Xxx 0000 Act 2009 (Cth), and Security Interest, Perfected and Register have the meanings given to those terms in the PPSA.

PPSA. If we determine that this Agreement (or any transaction in connection with it) contains a Security Interest for the purposes of the PPSA, you acknowledge that we will be entitled to Perfect such Security Interest by registration on the Register. You waive any entitlements under the PPSA regarding notices. You agree, at our request, to do all acts, matters and things necessary to ensure we hold a valid and Perfected Security Interest. Non-compliance by you with this clause will constitute a breach of this Agreement. Any cost associated with the enforcement of our rights under the PPSA will be payable by you. In this clause PPSA means the Personal Property and Securities Xxx 0000 Act 2009 (Cth), and Security Interest, Perfected and Register have the meanings given to those terms in the PPSA.

PPSA. If we determine that this Agreement agreement (or any transaction in connection with it) contains gives rise to a Security Interest for the purposes of the PPSA, you acknowledge that we will be entitled to Perfect perfect such Security Interest by registration on the Register. You waive any entitlements under the PPSA regarding notices. You agree, at our request, to do all acts, matters and things necessary to ensure we hold a valid and Perfected Security Interest. Non-compliance by you with of this clause will constitute a breach of this AgreementContract. Any cost associated with the enforcement of our rights under the PPSA will shall be payable by you. In this clause clause: PPSA means the Personal Property and Securities Xxx 0000 Act 2009 (Cth), and ; Security Interest, Perfected and Register have the meanings given to those terms in the PPSA.