No.9n0l7 Csp. 14:35 Movest-s PnopERTy Sncurury lrurrRssrs pmtion of the purchase price of the asset orotber credit exterded to enable a debtor to acquire it to the sxtent the credit is used for that purpose; "attachment tgimpovable property" means atangible asset that,despite being physically affixed to immovable property, is treated as movable pmperty by virtue of no having lost its separate identity, including an instatlarion definsd in section 19(2) of the Hire purchase Actfchapier l4:0gl; "certificated securities" means securities eviderced by a certificate that(a) provides that the person entitled to ths securities is the person in possession of the certificate; 0r (b) identifies the person entitled to tbe securities; "competing claimantno means a creditor of a &btor or other person with rights in the collateral that may be in competition with the rights of a secured creditor in the same collateral, including- (a) another secured creditor of ttre debtor who has a security interest in the same collateral; (b) (c) another creditor of the debtor who has a right in the same collateral ; the insolvency rep'resentative in insolvency proceedings in respect oftbe debtor; or (d) a buyer or other transfaee,lessee or licensee of the collateral; 'tonsumer goods" ureans goods primarily used orintended to be used by the debtor for personal, family or household purposes; "equipment" means a tangible asset ftat i$ trimarily used or intended to be used by $e debtor in the o'peration of his or her business, otbr than invento,ry or consumer goods; "notification of a security interpst in a receivable" rcans a notice by the debtor or the secured creditor informing the obligor of the receivable that a secwity interest has been crpated in the receivable; "obligor of the receivable" means a person that owes payment of a receivable, including a guarantor or other person secondarily liable for payment of the receivable; "uncertificated securities" rrcans securities not evidenced by a certificate. PARTII specrer Pnousrows ls ro cnsATlor.f elo TneNsrm. op sssnnv hrrmesrs Right to prcceeds 2. (1) Subject to paragraph 6 ('Speial provisions to secure rights to proceeds") of the First Schedule, a security intcrcst in an asset includes its identifiable procceds. (2) Where proceeds in the forrr of firnds credited are commingled with other assets of the same kind- (a) O) o a depoait accqmt the security interest includes thecommingled assets,despite the proceeds ceasing to be identifiable; and the security interest in the commingled assets is timited to the value the proceeds immediately before they were commingled; and (c) or nroney of if at any time after the cornningling, the amount of the balance credited to the deposit account or of the commingled money is less than the amount of the proceeds immediately before they were commingled, the obligation secured by the security interest that is enforceable against the T&