Common use of Consumer Goods Clause in Contracts

Consumer Goods. If the Customer acquires any consumer goods that are a type of of title in respect of any Collateral to the Secured Party, on demand. Where any Collateral comprises investment securities, negotiable instruments or chattel paper for the purposes of the PPSA, the Customer will deliver such documents to the Secured Party, and/or take such steps as required by the Secured Party, to ensure that the Secured Party has possession of that collateral for the purposes of the PPSA. the Secured Party sign a security agreement in respect of those consumer goods in favour 4. Actions not to be taken by Customer without prior consent of the of the Secured Party in the same form as this Agreement (or such other form as the Secured Party may reasonably require).

Appears in 3 contracts

Sources: Security Agreement, Security Agreement, Security Agreement