PPSA definition

PPSA means the Personal Property Security Act (Ontario) (or any successor statute) or similar legislation (including the Civil Code of Quebec) of any other Canadian jurisdiction the laws of which are required by such legislation to be applied in connection with the issue, perfection, effect of perfection, enforcement, enforceability, opposability, validity or effect of security interests or other applicable lien.

Examples of PPSA in a sentence

  • The Client agrees that these terms constitute a security interest for the purpose of PPSA and creates a security interest in all Goods that have been supplied and that will be supplied in the future by the Cabinet Maker to the Client.

  • The Client consents to the Cabinet Maker perfecting any security interest that it considers this document provides for by registration under the PPSA.

  • The Company waives its right under s 157 of the PPSA to receive notice of any verification of the registration.

  • PPSA means the Professional Property Security Act 2009 (Cth) and any regulation made at any time under the PPSA as amended from time to time.

  • To the maximum extent permitted by law, the Company and the Supplier agree that the following provisions of the PPSA do not apply to the enforcement by the Supplier of its security interest in the Goods: sections 95, 118, 121(4), 125, 130, 132(3) (d), 132(4), 135, 142 and 143.


More Definitions of PPSA

PPSA means the Personal Property Security Act (Ontario).
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 (Ontario) as amended from time to time and any Act substituted therefor and amendments thereto;
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), including the regulations thereto, provided that if perfection or the effect of perfection or non-perfection or the priority of any Lien created hereunder or under any other Loan Document on the Collateral is governed by the personal property security legislation or other applicable legislation with respect to personal property security in effect in a jurisdiction in Canada other than the Province of Ontario, “PPSA” means the Personal Property Security Act or such other applicable legislation (including the Civil Code (Quebec)) in effect from time to time in such other jurisdiction in Canada 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.