Lien in Force. The Servicer shall not release or assign any Lien in favor of the Trustee on any item of Equipment related to any Contract in whole or in part, except as expressly permitted hereunder.
Appears in 4 contracts
Samples: Master Facility Agreement (Advanta Leasing Receivables Corp Ix), Master Business Receivables Asset Backed Financing Facility Agreement (Advanta Business Services Corp), Master Facility Agreement (Advanta Leasing Receivables Corp Ix)
Lien in Force. The Servicer shall not release or assign any Lien in favor of the Trustee on any Contract, item of Equipment or other Related Security related to any Contract in whole or in part, except as expressly permitted hereunder.
Appears in 2 contracts
Samples: Master Lease Receivables Asset Backed Financing Facility Agreement (Marlin Business Services Inc), Master Lease Receivables Asset Backed Financing Facility Agreement (Marlin Business Services Inc)
Lien in Force. The Servicer shall not release or assign any Lien in favor of the Trustee on any item of Equipment related to any Contract Lease in whole or in part, except as expressly permitted hereunderprovided herein. The Servicer shall use its best efforts to remove, or to cause the related User to remove, any Liens on the Trust Estate other than the Lien created hereby.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Prudential Securities Secured Financing Corp)
Lien in Force. The Servicer shall not release or assign any Lien in favor of the Trustee on any item of Equipment related to any Contract Lease in whole or in part, except as expressly permitted hereunderprovided herein. The Servicer shall use its best efforts to remove, or to cause the related Lessee to remove, any Liens on the Trust Estate other than the Lien created hereby.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (First Sierra Receivables Ii Inc)
