Examples of PPSA Ontario in a sentence
If the ultimate purchaser were ready to use this as consumer goods at the time of acquisition, then subsection 25(5) of the PPSA (Ontario), supra note 1, may potentially apply.
Liens in respect of operating leases entered into in the ordinary course of business to the extent constituting liens under the PPSA (Ontario) or equivalent legislation in any applicable jurisdiction.
See PPSA (Ontario), ibid, s 9, and the opening words of para 11(2)(a).
The example above demonstrates that ⊑I defines a partial order on I .
On this point, see PPSA (Alberta), ibid, s 24; PPSA (British Columbia), ibid, s 24; PPSA (New Brunswick), ibid, s 24; PPSA (Newfoundland and Labrador), ibid, s 25; PPSA (Northwest Territories), ibid, s 24; PPSA (Nova Scotia), ibid, s 25; PPSA (Nunavut); PPSA (Ontario), ibid, s 22; PPSA (Prince Edward Island), ibid, s 24(1); PPSA (Saskatchewan), ibid, s 24; PPSA (Yukon), s 22.With respect to the former, see PPSA (Manitoba), s 25.
On this point, see PPSA (Alberta), ibid, s 25; PPSA (British Columbia), ibid, s 25; PPSA (New Brunswick), ibid, s 25; PPSA (Newfoundland and Labrador), ibid, s 26; PPSA (Northwest Territories), ibid, s 25; PPSA (Nova Scotia), ibid, s 26; PPSA (Nunavut), ibid, s 25; PPSA (Ontario), ibid, s 23; PPSA (Prince Edward Island), ibid, s 25; PPSA (Saskatchewan), ibid, s 25; PPSA (Yukon), s 23.
On this point, see PPSA (Alberta), ibid, s 10(1)(d)(i); PPSA (British Columbia), ibid, s 10(1)(d)(i); PPSA (New Brunswick), ibid, s 10(1)(b)(i); PPSA (Newfoundland and Labrador), ibid, s 11(1)(b)(i); PPSA (Northwest Territories), ibid, s 10(1)(d)(i); PPSA (Nova Scotia), ibid, s 11(1)(b)(i); PPSA (Nunavut), ibid, s 10(1)(d)(i); PPSA (Ontario), ibid, s 11(2)(a)(i); PPSA (Prince Edward Island), ibid, 10(1)(b)(i); PPSA (Saskatchewan), ibid, s 10(1)(d)(i); PPSA (Yukon), ibid, ss 8(1)(d)(i)- 8(1)(d)(ii).
A court-appointed receiver is an officer of the court with fiduciary obligations to the estate ( Bennett on the PPSA (Ontario), 3rd ed.
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.
However, early recognition of the problems and attendant solutions is the key factor in achieving any such result.Foreclosure or Power of SaleWhere the franchise agreement contains a granting of a security interest in the assets of the franchised business, the franchisor can avail itself of the remedies under Part V of the PPSA (Ontario) and the equivalent provisions in companion statutes in other provinces, and the BIA.