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Personal Property Securities Act 1999 (“PPSA”)
26.1 Grant to us a purchase money security interest (“PMSI”) as defined in section 16 of the PPSA in the goods; and
26.2 Agree that any of the goods or proceeds of the sale of property of yours to which the goods are attached or fixed coming into existence after the date of these terms and conditions of trade will come into existence subject to the PMSI granted herein and the terms of these terms and conditions of sale and supply without the need for any further action or agreement by any party; and
26.3 Acknowledge that you have received valuable consideration from us and agree that it is sufficient; and
26.4 Agree that the PMSI has attached to all goods supplied now and in the future to you and that the attachment of the PMSI has in no way been deferred or postponed.
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