PPSA Terms Clause Samples

PPSA Terms. Terms defined in the PPSA and used in this clause 6 have the meanings given to those terms in the PPSA.

PPSA Terms. Words included in clauses 7 and 8 which are defined in the PPSA have the meaning given to them by the PPSA.

PPSA Terms. All terms used herein and defined in the PPSA (in respect of Collateral located in Canada) shall have the meaning given therein unless otherwise defined herein. Without limiting the foregoing, the terms “accounts”, “chattel paper”, “goods”, “instruments”, “intangibles”, “proceeds”, “securities”, “investment property”, “document of title”, “inventory”, “equipment” and “fixtures”, as and when used in the description of Collateral located in Canada shall have the meanings given to such terms in the PPSA. To the extent the definition of any category or type of collateral is expanded by any amendment, modification or revision to the PPSA, such expanded definition will apply automatically as of the date of such amendment, modification or revision. In this Agreement, (i) any term defined in this Agreement by reference to the “Uniform Commercial Code” shall also have any extended, alternative or analogous meaning given to such term in applicable Canadian personal property security and other laws (including, without limitation, the PPSA, the Bills of Exchange Act (Canada) and the Depository Bills and Notes Act (Canada)), in all cases for the extension, preservation or betterment of the security and rights of the Agent, (ii) all references in this Agreement to “Article 8 of the Code” or “

PPSA Terms. All terms used herein and defined in the PPSA shall have the meaning given therein unless otherwise defined herein. Without limiting the foregoing, the terms “accounts”, “chattel paper”, “goods”, “instruments”, “intangibles”, “proceeds”, “securities”, “investment property”, “document of title”, “inventory”, “equipment” and “fixtures”, as and when used in the description of Collateral located in Canada shall have the meanings given to such terms in the PPSA. To the extent the definition of any category or type of collateral is expanded by any amendment, modification or revision to the PPSA, such expanded definition will apply automatically as of the date of such amendment, modification or revision. In this Agreement, (i) any term defined in this Agreement by reference to the “Uniform Commercial Code”

PPSA Terms. All terms used herein and defined in the PPSA from time to time shall have the meaning given therein unless otherwise defined herein. Without limiting the foregoing, the terms “accounts”, “chattel paper”, “instruments”, “intangibles”, “goods”, “proceeds”, “supporting obligations”, “securities”, “investment property”, “documents”, “deposit accounts”, “letter of credit rights”, “inventory”, “equipment” and “fixtures”, as and when used in the description of Collateral shall have the meanings given to such terms in the PPSA. To the extent the definition of any category or type of collateral is expanded by any amendment, modification or revision to the PPSA, such expanded definition will apply automatically as of the date of such amendment, modification or revision.

PPSA Terms. Unless the context otherwise requires, all terms used herein which are defined in the PPSA (Ontario) and are not specifically defined herein shall have the meanings ascribed to them respectively in the PPSA (Ontario).

PPSA Terms. For the purposes of subsections 3.1(u) and 3.2(u), (i) certain terms used but not defined herein that are defined in the Personal Property Security Act (Ontario) (the “PPSA”) (by way of example, and not limitation, “chattel paper”, “security interest”, “purchase money security interest”, “equipment”, “inventory”, “proceeds”), and all such other terms used but not defined herein and having a definition in the PPSA shall have the meanings ascribed thereto under the PPSA and (ii) all references to the PPSA or any provisions thereof shall mean the PPSA or such cited provision thereof as adopted and in effect, including any predecessor or successor formulation thereof, at the time and in the jurisdiction relevant to the representation in which such term, or cited provisions thereof, is used or referred.

PPSA Terms. 15 1.4 INTERPRETATION................................................................................ 15 1.5 REFERENCES.................................................................................... 15 1.6

PPSA Terms. 20 1.9 Currency............................................................................ 20 1.10 Deed................................................................................ 20 1.11