Definition of PPSA Ontario


PPSA Ontario means the Personal Property Security Act (Ontario) and the regulations promulgated thereunder, as such legislation now exists.
Sample 1

Examples of PPSA Ontario in a sentence

Other terms used in this Agreement shall, unless the context indicates otherwise, have the meanings provided for by the UCC or the PPSA (Ontario), as the context may indicate, to the extent the same are used or defined therein.
To the extent permitted under applicable Law, in addition to the rights and remedies hereunder, upon the occurrence and continuance of an Event of Default, the Collateral Agent may, after providing the notices required by Sections 9-620 and 9-621 of the UCC or Section 65 of the PPSA (Ontario) as applicable, or otherwise complying with the requirements of applicable Law of the relevant jurisdiction, accept or retain all or any portion of the Pledged Collateral in satisfaction of the Secured Obligations.
If any amount payable under or in connection with any Receivable is evidenced by a promissory note or other instrument, as such terms are defined in the Uniform Commercial Code (or, where applicable, the PPSA (Ontario) or the PPSA (Nova Scotia)), such promissory note or instrument shall be promptly pledged, endorsed, assigned and delivered to the Agent (or the Canadian Collateral Agent, as applicable) as additional Collateral.
Pro Organics Paccar Leasing PPSA (Ontario) 872844768 Subordination --------------------------------------------------------------------------------------------------------------------------- 4.
Pro Organics East Vancity Capital Corporation PPSA (Ontario) 855608391 Discharge --------------------------------------------------------------------------------------------------------------------------- EXHIBIT "V" See the attached Articles of Continuance in respect of 4198000 Canada Ltd.