Examples of Personal Property Securities Act in a sentence
For the avoidance of any doubt, the security interest(s) created by this instrument in favour of the Supplier constitutes security interests pursuant to the Personal Property Securities Act 2009.
If any part of the Property is subject to a security interest to which the Personal Property Securities Act 2009 (Cth) applies, the Sheriff is not required to ensure that the Purchaser receives a release in respect of the Property.
If a licence granted under subsection (1) is transferable by the licensee, in accordance with the Personal Property Securities Act 2009 (Commonwealth) section 10 the definition of licence paragraph (d), the licence is declared not to be personal property for the purposes of that Act.
Chapter 9 (transitional provisions).Note 2: For the meaning of transitional security interest, see section 308 of the Personal Property Securities Act 2009.
The sale must be made in the ordinary course of trading on a prescribed financial market (as defined for the purposes of the Personal Property Securities Act 2009 (Cth)) and the Company must pay the costs of the sale.
For the purposes of this clause, “ PPS Law” means the Personal Property Securities Act 2009 (Cth) and Regulations and any other associated or consequential Act or Regulation, as amended.
This general condition applies if any part of the property is subject to a security interest to which the Personal Property Securities Act 2009 (Cth) applies.
Note 1: The Personal Property Securities Act 2009 applies to certain security interests in personal property.
Security Interest has the meaning given in section 12 of the Personal Property Securities Act 2009 (Cth).
The Seller represents and warrants to the Buyer and Manheim that the Item is not subject to a security interest of any kind including without limitation under the Personal Property Securities Act 2009 (Cth) (PPSA) (other than a security interest in favour of the Seller which will be released at or prior to the time title in the Item is intended to pass to the Buyer).