Common use of PPSR Clause in Contracts

PPSR. 10.1. The Client acknowledges that title to the hire Equipment remains with the Supplier at all times. 10.2. Equipment purchased from the Supplier remains the property of the Supplier until the Client has paid all charges in full then owing from the Client to the Supplier. 10.3. The Client agrees that the hire of the Equipment may, and that the acquisition of the Equipment does, create a security interest in the Equipment to secure the full payment of all moneys payable to the Supplier and the performance by the Client of all of its other obligations to the Supplier. To the extent the Agreement constitutes a security agreement for the purposes of the PPSA and the provisions of clauses

PPSR. 10.112.1. The Client acknowledges that title to the hire Equipment supplied for rent from the Supplier to the Client, remains with the Supplier at all times. 10.212.2. Equipment purchased from the Supplier remains the property of the Supplier until the Client has paid all charges Charges in full then owing from the Client to the Supplier. 10.312.3. The Client agrees that the hire Rental of the Equipment maydoes, and that the acquisition of the Equipment does, create a security interest in the Equipment in favour of the Supplier to secure the full payment of all moneys payable to the Supplier and the performance by the Client of all of its other obligations to the Supplier. To the extent the This Agreement constitutes a security agreement for the purposes of the PPSA and the provisions of clausesclauses 12.4 to