Personal Properties Security Act 1999 Clause Samples

Personal Properties Security Act 1999. 12.1 Fastcom retains title in any items provided to you until payment in full is received for that item.
Personal Properties Security Act 1999. 12.1 The Customer acknowledges that the Agreement creates a security interest (as defined in the PPSA) in the Equipment and the proceeds of such Equipment together with any equipment owned by the Customer which is identical in description to any of the Equipment. The Customer will, at the Company’s request, promptly execute any documents, provide all necessary information and do anything else required to ensure that the security interest is perfected in accordance with the PPSA with such priority as the Company requires. 12.2 The Customer shall not grant any other security interest or lien over the Equipment. 12.3 The Customer waives any rights the Customer may have under sections 114(1)(a), 116, 120(2), 121, 125, 129, 131, 133, and 148 of the PPSA. 12.4 The Customer waives its right to receive a copy of any verification statement or financing change statement and will give the Company prior written notice of a proposed change of Customer’s name or address. 12.5 The Customer irrevocably appoints the Company and each director of the Company as the Customer’s true and lawful attorney/s to perform all necessary acts to give effect to the provisions of clause 12.1including, but not limited to, signing any document on the Customer’s behalf.
Personal Properties Security Act 1999. 8.1 The Purchaser acknowledges and agrees that by entering into a contract of sale under these Terms, the Purchaser grants a Security Interest to Kenso NZ in the goods and any proceeds of sale in respect to those goods and also consent to Kenso NZ registering any one or more Financing Statements or Financing Change Statements in respect to any such Security Interest created by or contemplated by these Terms. 8.2 The Purchaser and Kenso NZ agree for the purposes of satisfying Part 3, Section 36 of the PPSA, that the description of goods as shown on any invoice from Kenso NZ is the subject of each and any Security Interest created under these terms and every invoice is incorporated into these terms. 8.3 The Purchaser agrees that they are the Debtor and ▇▇▇▇▇ NZ is the holder of a Purchase Money Security Interest (PMSI) by virtue of these terms or the PPSA. 8.4 To the extent permitted by law, both parties agree that nothing in section 114(1)(a), 120(1), 122, 133, or 134 of the PPSA applies. The Purchaser waives their rights under sections 116, 120(2), 121, 125, 126, 127, 129 and 131 of the PPSA. 8.5 The Purchaser waives pursuant to section 148 of the PPSA the right to receive notice of a Financing Statement, Financing Change Statement or a Verification Statement in relation to any registration of the PPSR. 8.6 Solely to preserve their confidentiality, to the extent allowed under section 177 of the PPSA, the Purchaser, and ▇▇▇▇▇ NZ agree that neither will disclose information if requested by a third party under section 177(1) of the PPSA. 8.7 The Purchaser agrees with Kenso NZ that they will not enter into any agreement or arrangement which permits any other person to register any Security Interest in respect to unpaid goods, proceeds of sale of unpaid goods or any accounts owed in respect of the unpaid goods without Kenso NZ’s consent. 8.8 The Purchaser agrees to give ▇▇▇▇▇ NZ at least 14 days written notice before changing any of the corporate details such as name, ABN, ACN or principle place of business. 8.9 The Purchaser agrees to reimburse Kenso NZ for all costs and / or expenses incurred or payable by Kenso NZ in relation to registering, maintaining or releasing any Financing Statement, or Financing Change Statement under these terms. 8.10 The Purchaser agrees that any rights of Kenso NZ under this document are in addition to and not in substitution for its rights under the PPSA.

Related to Personal Properties Security Act 1999

  • Personal Property Securities Act The Customer acknowledges that under the Contract the Customer grants a Security Interest(s) to the Company, including but not limited to, the lien in Clause 6. The Customer acknowledges that the Contract constitutes a Security Agreement for the purposes of the PPS Act. The Guarantor acknowledges that under the Guarantee the Guarantor grants a Security Interest(s) to the Company, including (without limitation) a charge over all its property. The Guarantor acknowledges that the Guarantee constitutes a Security Agreement for the purposes of the PPS Act. If there is a Security Interest in favour of the Customer or the Guarantor and the Customer or the Guarantor proposes to register the Security Interest under the PPS Act, the Customer or the Guarantor (as applicable) must give the Company written notice prior to the registration that the Customer or the Guarantor (as applicable) proposes to register the Security Interest. The Customer and the Guarantor will do anything reasonably required by the Company to enable the Company to register its Security Interests, with the priority the Company requires, and to maintain the registration. The Security Interests arising under the Contract or the Guarantee attach to the Collateral in accordance with section 19(2) of the PPS Act and the parties confirm that they have not agreed that any Security Interest arising under the Contract or the Guarantee attaches at any later time. The Customer and the Guarantor each acknowledge that the Company may perfect its Security Interests by lodging a Financing Statement on the Personal Property Securities Register. To the extent that any of the enforcement provisions of Chapter 4 of the PPS Act apply to the Security Interests created under or referred to in the Contract or the Guarantee, the following provisions of the PPS Act will not apply: (i) section 95 (notice of removal of accession), to the extent that it requires the secured party to give a notice to the grantor; (ii) subsection 121(4) (enforcement of liquid assets – notice to grantor); (iii) section 130 (notice of disposal), to the extent that it requires the secured party to give the grantor a notice; (iv) paragraph 132(3)(d) (contents of statement of account after disposal); (v) subsection 132(4) (statement of account if no disposal); (vi) section 135 (notice of retention); (vii) section 142 (redemption of collateral); and (viii) section 143 (reinstatement of security agreement). The Company does not need to give the Customer or the Guarantor any notice under the PPS Act (including a notice of a Verification Statement) unless the notice is required by the PPS Act and that requirement cannot be excluded. The parties agree that neither party will disclose to an “interested person” (as defined in section 275(9) of the PPS Act) or any other person, any information of the kind described in section 275(1) of the PPS Act. The Customer and the Guarantor will not authorise the disclosure of any information of the kind described in section 275(1) of the PPS Act.

  • Contracts (Rights of Third Parties) Act 1999 27.1 No person who is not a party to this Agreement shall have any rights under the Contracts (Rights of Third Parties) Act 1999 to enforce any term of this Agreement but this does not affect any right or remedy of a third party which exists or is available apart from that Act.

  • PERSONAL DATA PROTECTION ACT 7.1. PAH is committed to protecting the privacy, confidentiality and security of all personal data to which it is entrusted. It has been our policy to ensure your personal information are protected. With the introduction of the Malaysian Personal Data Protection Act 2010 ("PDPA"), we are even committed to ensure the privacy and confidentiality and security of all personal data are protected in line with the PDPA. We process personal data which you have provided to us voluntarily through our website upon your registration and this includes personal data such as your name, address, NRIC and contact details. In this regards, you have expressly consent to our processing of your personal data. If you give us personal data or information about another person, you must first confirm that he/she has appointed you to act for him/her, to consent to the processing of his/her personal data and to receive on his/her behalf any data protection notices. We may request your assistance to procure the consent of such persons whose personal data is provided by you to us and you agree to do so. You shall indemnify us in the event we suffer loss and damage as a result of your failure to comply with the same. We will only retain your personal data for as long as necessary for the fulfilment of the specified purposes or as legislated 7.2. E-Bidders shall be responsible for the confidentiality and use of password and not to reveal the password to anyone at any time and under any circumstances whether intentionally or unintentionally. 7.3. E-Bidders agree to comply with all the security measures related to safety of the password or generally in respect of the use of the service. In the event that the password is compromised, the E-Bidders shall immediately notify PAH.

  • School Code, Section 10-20.21 - Contracts (Sheet is unprotected and can be re-formatted as needed, but must be used for submission)

  • Trust Indenture Legislation (1) If and to the extent that any provision of this Indenture limits, qualifies or conflicts with a mandatory requirement of Applicable Legislation, such mandatory requirement shall prevail. (2) The Corporation and the Warrant Agent agree that each will, at all times in relation to this Indenture and any action to be taken hereunder, observe and comply with and be entitled to the benefits of Applicable Legislation.