Canadian PPSA definition
Canadian PPSA means the Personal Property Security Act (Ontario) or any other applicable personal property security act or laws of any applicable province or territory of Canada.
Canadian PPSA means the Personal Property Security Act, as amended, of the applicable province of Canada.
Canadian PPSA means the Personal Property Security Act (Ontario) and the Regulations thereunder, as from time to time in effect, provided, however, if the validity, perfection (or opposability), effect of perfection or of non-perfection or priority of Lender’s security interest in any Collateral are governed by the personal property security laws or laws relating to movable property of any jurisdiction other than Ontario, Canadian PPSA shall mean those personal property security laws or laws relating to movable property in such other jurisdiction for the purpose of the provisions hereof relating to such validity, perfection (or opposability), effect of perfection or of non-perfection or priority and for the definitions related to such provisions.
Examples of Canadian PPSA in a sentence
If, after the Closing Date, any Loan Party becomes a Canadian PPSA Loan Party or a Quebec Loan Party, it shall execute as promptly as practicable but in no event later than 30 days (or such later date as may be agreed upon by the Required Lenders) after it becomes a Canadian PPSA Loan Party or a Quebec Loan Party all relevant Canadian Security Documents and make or cause to be made all applicable PPSA and/or RPMRR filings and registrations.
Holdings agrees not to effect or permit any change referred to in the preceding sentence unless all filings have been made under the Uniform Commercial Code, Canadian PPSA or otherwise that are required in order for Collateral Agent to continue at all times following such change to have a valid, legal and perfected security interest in all the Collateral as contemplated in the Collateral Documents.
More Definitions of Canadian PPSA
Canadian PPSA means the Personal Property Security Act (or similar legislation) applicable in each Province or territory in Canada (other than Quebec) and, in the case of the Province of Quebec, the Civil Code of Quebec.
Canadian PPSA means the Personal Property Security Act (Ontario) and the Regulations thereunder, as from time to time in effect, provided, however, if the validity, perfection (or opposability), effect of perfection or of non-perfection or priority of Agent’s security interest in any Collateral are governed by the personal property security laws or laws relating to movable property of any jurisdiction other than Ontario, Canadian PPSA shall mean those personal property security laws or laws relating to movable property in such other jurisdiction for the purpose of the provisions hereof relating to such validity, perfection (or
Canadian PPSA means the Personal Property Security Act (British Columbia) or the Securities Transfer Act, 2007 (British Columbia). 2 ▇▇▇▇▇▇▇ Pass – Affiliate Suport,Share Retention and Subordinatiom Agreement
Canadian PPSA means the Personal Property Security Act, as amended, of the applicable province of Canada. “Capital Expenditures” means, with respect to any Person for any period, the sum of the aggregate of all
Canadian PPSA means the Personal Property Security Act (Ontario) or any other applicable personal property security act or laws of any applicable province or territory of Canada. “Canadian Security Documents” shall mean the Canadian Borrower Pledge Agreement and all other security documents hereafter delivered to the Administrative Agent granting a Lien on the stock of the Canadian Borrowers or any other Canadian Subsidiary to secure the obligations and liabilities of the Canadian Borrowers hereunder and under any of the other Basic Documents. “Capital Expenditures” shall mean capital expenditures by the Parent or any of its Subsidiaries during the relevant period determined in accordance with GAAP. “Capital Lease Obligations” shall mean, as to any Person, the obligations of such Person to pay rent or other amounts under a lease of (or other agreement conveying the right to use) real and/or personal property, which obligations are required to be classified and accounted for as a
Canadian PPSA has the meaning specified in the definition of “PPSA.”