PPSA definition

PPSA means the Personal Property Security Act of Ontario (or any successor statute) or similar legislation of any other Canadian jurisdiction, including, without limitation, the Civil Code of Quebec, the laws of which are required by such legislation to be applied in connection with the issue, perfection, enforcement, opposability, validity or effect of security interests.

Examples of PPSA in a sentence

  • All notices or documents required to be given to KATANA FOUNDATIONS for the purposes of the PPSA must be given in accordance with the PPSA.

  • The Consortium Members shall have undivided participation in the rights and obligations arising from the Contractors in the Production Sharing Agreement, according to the proportions set forth below, hereinafter referred to as Proportional Interests or Proportional Interest: PPSA 0% _____________________________ _________% Contractors may agree distinct percentages in the event of operations with Exclusive Risks.


More Definitions of PPSA

PPSA means the Personal Property Security Act or such other applicable legislation in effect from time to time in such other jurisdiction for purposes of the provisions hereof relating to such perfection, effect of perfection or non-perfection or priority.
PPSA means the Personal Property Security Act as in effect in the Province of Ontario, the Civil Code of Quebec as in effect in the Province of Quebec or any other Canadian Federal or Provincial statute pertaining to the granting, perfecting, priority or ranking of security interests, liens, hypothecs on personal property, and any successor statutes, together with any regulations thereunder, in each case as in effect from time to time. References to sections of the PPSA shall be construed to also refer to any successor sections.
PPSA means the Personal Property Security Act (Ontario) and the Regulations thereunder, as from time to time in effect, provided, however, if attachment, perfection or priority of Agent's security interests in any Collateral are governed by the personal property security laws of any jurisdiction other than Ontario, PPSA shall mean those personal property security laws in such other jurisdiction for the purposes of the provisions hereof relating to such attachment, perfection or priority and for the definitions related to such provisions.
PPSA means the Personal Property Security Act (Ontario);