Personal Property Security Interest. (a) This Mortgage shall cover, and Mortgagor hereby grants to Mortgagee a security interest in, all property now or hereafter affixed or attached or incorporated upon the Mortgaged Property including without limitation all furnaces, heating equipment, air conditioners, fans, water heaters, pipes, ducts, wiring and electrical fixtures, conduits, plumbing, sinks, partitions, restroom fixtures, light fixtures, windows and window coverings, and floor, ceiling and wall coverings, and all replacements thereof and substitutions therefor, which, to the fullest extent permitted by law shall be deemed fixtures and a part of the real property. In addition, this Mortgage shall cover, and Mortgagor hereby grants to Mortgagee a security interest in: (i) all building materials, fixtures, equipment and other personal property to be incorporated into any improvements constructed on the Premises; (ii) all interest of Mortgagor in all goods, materials, supplies, fixtures, equipment, machinery, furniture and furnishing and other personal property which are now or hereafter affixed to, placed upon or used in connection with, the Premises, and all replacements thereof, and substitutions therefor; (iii) all interest of Mortgagor in all rents, issues and profits, as well as the fees, charges, accounts, or other payments for the use or occupancy of rooms and other public facilities, and insurance policies, insurance and condemnation awards and proceeds, tradenames, trademarks and service marks, arising from or related to the Premises and any other business conducted on the Premises; (iv) all of Mortgagor’s interest in and rights pursuant to any franchise or licensing agreement or other similar agreement with respect to the Premises but only to the extent such grant does not violate any such agreement; and (v) all books, records and files relating to, any of the foregoing. The security interests hereby granted are first and prior liens on the property described. To the extent any property covered by this Mortgage consists of rights in action or personal property covered by the Uniform Commercial Code, this Mortgage constitutes a Security Agreement and is intended to create a security interest in such property in favor of Mortgagee. This Mortgage shall be self-operative with respect to such property, but Mortgagor agrees to execute and deliver on demand such security agreements, financing statements and other instruments as Mortgagee may request in order to manifest or perfect the l...
Personal Property Security Interest. (a) Fencemakers may register its security interest over Fencemakers’ property which is in the possession of the Customer on the Personal Property Security Register and the Customer shall indemnify Fencemakers for the costs of registering those interests.
Personal Property Security Interest. The Borrower hereby grants to Lender a security interest in all of the Borrower's personal property of every kind and nature, whether now existing or hereafter created, acquired or arising and all products and proceeds thereof, all as more fully set forth in the Security Agreement.
Personal Property Security Interest. 6.1 You grant a security interest in the Goods and the proceeds (as defined in the Personal Property Securities Act 2009 (‘PPSA’)) to secure the obligation to pay the purchase price of the goods and other of your obligations to us under this agreement (together the “Indebtedness”). You warrant that the Goods are not purchased for personal, domestic or household purposes.
Personal Property Security Interest. As further security for the payment of principal, accrued interest and all other Obligations under this Agreement, Borrower hereby grants to the ICM a security interest in all of its personal property that makes up any part of the Collateral. Borrower shall not (and nothing in this Article 6 shall constitute or be deemed to constitute a grant of authority to Borrower to) sell, lease, or otherwise dispose of or encumber the Collateral, or any part of the Collateral, without the prior written consent of ICM, except in the ordinary course of business or as otherwise provided herein.
Personal Property Security Interest. (a) This Deed of Trust shall cover and encumber the Collateral. All of the Collateral, to the fullest extent permitted by law, shall be deemed fixtures and a part of real property, but, whether or not such property is deemed a fixture and a part of real property, it shall be fully subject to this Deed of Trust. This Deed of Trust shall constitute a security agreement within the meaning of Article 9 of the Uniform Commercial Code of the State of Arizona ("UCC") as to the property described in this paragraph 1.14(a) and as to any other property covered and encumbered by this Deed of Trust as to which the provisions of such Article 9 of the UCC may apply, and is intended to create a security interest in such property in favor of Beneficiary. This Deed of Trust shall be self-operative with respect to such property, but Trustor agrees to execute and deliver on demand such security agreements, financing statements and other instruments as Beneficiary may request in order to impose or perfect the lien hereof more specifically upon any of such property. If the lien of this Deed of Trust on any property is now, or shall hereafter be, subject to a prior security interest covering such property, by reason of a purchase money security interest or otherwise, then all the right, title and interest of Trustor in and to any and all deposits thereon is hereby assigned to Beneficiary, together with the benefit of any payments now or hereafter made thereon. The foregoing sentence shall not operate as the Beneficiary's consent to any such security interest.
Personal Property Security Interest. The Subsidiaries hereby grant to Lender a security interest in all of the Subsidiaries' personal property of every kind and nature, whether now existing or hereafter created, acquired or arising and all products and proceeds thereof, all as more fully set forth in the Security Agreement.
Personal Property Security Interest. 16.1 You acknowledge that these Terms may be deemed to be a PPS Lease under the Personal Property Security Act 2009 (Cth) (“PPSA”) and that we may register a security interest on the Personal Property Security Register against you to protect our interest under this agreement between you and us.
Personal Property Security Interest a) The Hiree may register any actual or impending security interest in relation to any security interest contemplated or constituted by this Hire Agreement in the Equipment and the proceeds arising in respect of any dealing in the Equipment.
Personal Property Security Interest. 5A.1 You grant us a Security Interest in the goods supplied as Commercial Property and/or Consumer Property, and their Proceeds to secure your obligation to pay the Price of the goods and your obligations to us under this Agreement (together the “Indebtedness”) and, where the goods and/or Proceeds are not readily identifiable and/or traceable or their recoverable value is insufficient to pay the Indebtedness, the security interest shall also extend to all your present and after acquired goods, of which the goods form part, to the extent required to secure the Indebtedness.
