Common use of PPSA Financing Statements Clause in Contracts

PPSA Financing Statements. Financing statements with respect to all present and after acquired personal property Collateral of O-I Canada shall have been filed in all jurisdictions deemed necessary or desirable by Collateral Agent to perfect the security interest created in such collateral pursuant to the Collateral Documents.

PPSA Financing Statements. Financing statements with respect to all present and after acquired personal property Collateral of any Loan Party other than O-I Canada shall have been filed in all jurisdictions deemed necessary or desirable advisable by Collateral Agent to perfect the security interest created in such collateral pursuant to the Collateral Documents.