The Account Holder. (a) waives its right to receive a copy of any verification statement under the PPSA;
(b) must not grant any other security interest in the Products without NPD’s prior written consent;
(c) must promptly execute all documents and do all things reasonably requested by NPD to ensure that NPD’s security interest created under this clause 8 constitutes a perfected security interest in the Products and their proceeds which will take priority over all other security interests in such Products and proceeds;
(d) waives, contracts out of and agrees that nothing in sections 114(1)(a), 116, 120(2), 121, 125, 127, 129, 131, 133, 134 and 148 of the PPSA apply to this Agreement; and
(e) must pay all costs, expenses and other charges incurred by NPD in relation to the filing of any financial statement and/or financing change statement
