Security and Title Sample Clauses

Security and Title. 9.1 the Vendor retains legal and equitable title to any Goods supplied to the Customer until full payment is made for the Goods and all other Goods and Services supplied by the Vendor. 9.2 Notwithstanding that ownership of any Goods may remain with the Vendor; all risk in relation to any Goods supplied will pass to the Customer on delivery. 9.3 The Customer gives irrevocable authority to the Vendor to enter any premises occupied by the Customer, or any other party on which Goods and Services are situated, at any reasonable time after default by the Customer, in order to remove and repossess any Goods, and to sell those Goods if necessary to recover unpaid monies. 9.4 The Customer grants the Vendor a “security interest” for the purposes of section 37(b) of the Personal Property Securities ▇▇▇ ▇▇▇▇ (the PPSA) in all present and after acquired Goods as security for the Customer’s obligations to the Vendor. 9.5 The Customer is to execute documents and do such further acts as may be required by the company to register the “security interest” granted to the Vendor under these Terms under the PPSA.

Security and Title. 9.1 the Vendor retains legal and equitable title to any Goods supplied to the Customer until full payment is made for the Goods and all other Goods and Services supplied by the Vendor. 9.2 Notwithstanding that ownership of any Goods may remain with the Vendor; all risk in relation to any Goods supplied will pass to the Customer on delivery. 9.3 The Customer gives irrevocable authority to the Vendor to enter any premises occupied by the Customer, or any other party on which Goods and Services are situated, at any reasonable time after default by the Customer, in order to remove and repossess any Goods, and to sell those Goods if necessary to recover unpaid monies. 9.4 The Customer grants the Vendor a “security interest” for the purposes of section 37(b) of the Personal Property Securities ▇▇▇ ▇▇▇▇ (the PPSA) in all present and after acquired Goods as security for the Customer’s obligations to the Vendor. 9.5 The Customer is to execute documents and do such further acts as may be required by the Company to register the “security interest” granted to the Vendor under these Terms under the PPSA. 9.7 Until ownership of the Goods passes, the Customer waives its right under the PPSA: 9.7.1 To receive a copy of any verification statement; 9.7.2 To receive a copy of any financing charge statement; 9.7.3 To receive any notice that the Vendor intends to sell the Goods or to retain the Goods on enforcement of the “security interest” granted to the Vendor under these Terms; 9.7.4 To object to a the Vendor proposal to retain the Goods in satisfaction of any obligation owed by the Customer to the Vendor; 9.7.5 To receive a statement of account on sale of the Goods; 9.7.6 To redeem the Goods; and 9.7.7 Where any Goods become an “accession” (as defined in the PPSA), to not have any Goods damaged when the Vendor removes the accession, to receive notice of the removal of the accession and to apply to the court for an order concerning the removal of an accession.

Security and Title. 8.1 Title in any Products purchased using an NPD Card passes from NPD to the Account Holder (or such Cardholder or other person as is authorised by the Account Holder) only when the Account Holder has made payment in full for all Products and other sums due to 8.2 If any Products are attached, fixed or incorporated into any property of or by the Account Holder, any Cardholder or any third party, title in the Products remains with NPD until the Account Holder has made payment for all Products. 8.3 If any Products are mixed with other property so as to be part of or a constituent of any new products, title to the new products will be deemed to be assigned to NPD as security for the satisfaction by the Account Holder of the full amount owing between NPD and the Account Holder. 8.4 Until all sums due to NPD by the Account Holder have been paid in full, the Account Holder (or, if applicable, any other relevant Cardholder) grants to NPD a security interest in all Products (and all co-mingled products) for all amounts due by the Account Holder to NPD from time to time. 8.5 If any Cardholder resells, uses or otherwise deals with any Products before ownership 8.6 Risk of any loss, damage or deterioration of each Product passes to the Account Holder upon purchase and/or receipt by the relevant Cardholder of the Product (notwithstanding that title to the Product has not passed). 8.7 NPD may register any security interest granted to it by this Agreement at any time on the Personal Property Securities Register in accordance with the Personal Property Securities Act 1999 (the PPSA).

Security and Title. (a) The Security Agent shall not be liable or responsible to any other Finance Party for: (i) any failure in perfecting or protecting the Security created by any Transaction Security Document; or (ii) any other action taken or not taken by it in connection with a Transaction Security Document. (b) The Security Agent may accept without enquiry the title (if any) which an Obligor may have to any asset over which Security is intended to be created by any Transaction Security Document. (c) The Security Agent shall have no obligation to insure any asset or interests of the Finance Parties in any asset.

Security and Title. The Administrative Agent shall have received evidence satisfactory to it (i) that all (or less than all as determined by the Administrative Agent) of the Oil and Gas Properties acquired by the Borrower pursuant to the PSAs are subject, or will be subject to as of the date of the Closing, to first priority perfected liens in favor of the Administrative Agent and (ii) regarding title information on Oil and Gas Properties representing at least 80% of the value of the total proved reserves of the Oil and Gas Properties acquired by the Borrower pursuant to the PSAs.