PMSI definition

PMSI means a purchase money security interest as defined in section 14 of the PPSA.

PMSI means a purchase money security interest as defined by the PPSA.

PMSI means a purchase money security interest as defined in Section 9-312 of the Uniform Commercial Code.

Examples of PMSI in a sentence

• The PMSI granted shall attach to, and be perfected in, all Goods sold to Strad hereunder and all proceeds thereof.

• Such security is a ‘purchase money security interest’ (PMSI) to the extent that it can be under section 14 of the PPSA.

• Bonding Capacity Letter from Surety/Insurance Company PMSI - Bonding Capacity Letter 2021.pdf REQUIRED IF YOU ARE PROPOSING ON PART 2 -Attach the Bonding Capacity Letter from Surety/Insurance Company.

• The dual status approach= Creating a PMSI for one aspect and then just a regular security interest for the other aspect.

• They said that the SP3 loan was an “enabling loan” so as to qualify as a PMSI (giving the debtor the ability for the acquisition of “new property rights.” But really all that is happening here is replacing one secured party with another, this is not enabling the debtor to increase its collateral pool.

More Definitions of PMSI

PMSI means a ‘purchase money security interest’ within the meaning of the PPS Act;

PMSI means a purchase money securities interest and has the meaning given in section 14 of the PPSA;

PMSI means a purchase money security interest as that term is defined in the PPSA.

PMSI means a purchase-money security interest under the Personal Property Security Act;

PMSI means purchase-money security interests or purchase-money liens;

PMSI means a purchase money security interest under section 14 of PPSA. “PPSA” means the Personal Property Securities Act 2009 and its Regulations. “Price” means the price stated in the order form.

PMSI means a “purchase money security interest”, which has the meaning ascribed to that term by section 16 of the PPS Act;