PPSA Canada definition
PPSA Canada means the Personal Property Security Act of any applicable Canadian province or territory, including without limitation, the Civil Code of Québec, and the regulations promulgated thereunder.
Examples of PPSA Canada in a sentence
Terms (including uncapitalized terms) not otherwise defined herein and that are defined in the UCC, the PPSA (Canada) or the PPSA (Australia), as applicable, shall have the meanings therein described.
The Issuer and the Pledging Guarantors shall not effect or permit any change referred to in the preceding sentence unless all filings have been made under the Uniform Commercial Code, the PPSA (Australia), the PPSA (Canada) or equivalent filings under applicable law or otherwise that are required in order for the Collateral Agent to continue at all times following such change to have a valid, legal and perfected (or the equivalent under applicable foreign law) security interest in all the Collateral.