Common use of Terms Defined in the PPSA Clause in Contracts

Terms Defined in the PPSA. Terms defined in the PPSA and used herein shall, unless otherwise defined herein, have the same meaning as ascribed to such term in the PPSA, including “Accessions”, “Account”, “Chattel Paper”, “Document of Title”, “Goods”, “Intangible”, “Instruments”, “Money”, “Security”, “financing statement” and “financing change statement”. However, the term “Goods” when used herein shall not include “consumer goods” as that term is defined in the PPSA.

Terms Defined in the PPSA. Terms defined in the PPSA and used herein shall, unless otherwise defined herein, have the same meaning as ascribed to such term in the PPSA, including “"Accessions”", “Account”, “"Chattel Paper”", “"Document of Title”", “"Goods”", “"Intangible”", “"Instruments”", “"Money”", “"Security”", “"financing statement” " and “"financing change statement”. However, the term “Goods” when used herein shall not include “consumer goods” as that term is defined in the PPSA".