Definition of PMSI
PMSI means a purchase money security interest as defined in Section 9-312 of the Uniform Commercial Code.
Examples of PMSI in a sentence
- Notwithstanding anything to the contrary contained in this Agreement, to the extent that Secured Party asserts a purchase money security interest in any items of Collateral (PMSI Collateral): (i) the PMSI Collateral shall secure only that portion of the Indebtedness which has been advanced by Secured Party to enable Debtor to purchase, or acquire rights in or the use of such PMSI Collateral (the PMSI Indebtedness), and (ii) no other Collateral shall secure the PMSI Indebtedness.
- Tenant: Landlord: Optimer Pharmaceuticals, Inc., a Delaware corporation PMSI Sorrento, LLC, a California limited liability company, d/b/a Pacific Sorrento Technology Park By:
- VA Cemetery Subs (Other than PMSI, Inc.) and Certain Receivables Contributed to VA NQ Subs by CFSI