Common use of Liens in Force Clause in Contracts

Liens in Force. Except as contemplated by this Agreement or to the extent required by law or court order, the Servicer shall not release in whole or in part any Financed Vehicle from the security interest securing the related Receivable except (a) in the event of payment in full by or on behalf of the Obligor thereunder or payment in full less a deficiency which the Servicer would not attempt to collect in accordance with its Customary Servicing Practices, (b) in connection with repossession or (c) except as may be required by an insurer in order to receive proceeds from any Insurance Policy covering such Financed Vehicle.

Liens in Force. Except as contemplated by this Agreement or to the extent required by law or court order, the The Servicer shall will not release the Financed Vehicle securing any Receivable from the security interest granted by such Receivable in whole or in part any Financed Vehicle from the security interest securing the related Receivable except (ai) in the event of payment in full by or on behalf of the Obligor thereunder or payment in full less a deficiency which the Servicer would not attempt to collect in accordance with its Customary Servicing Practicescustomary servicing practices, (bii) in connection with repossession and sale of the Financed Vehicle or (ciii) except as may be required by an insurer in order to receive proceeds from any Insurance Policy covering such Financed Vehicle.;

Liens in Force. Except as contemplated by this Agreement or to the extent required by law or court order, the Servicer shall not release in whole or in part any Financed Vehicle from the security interest securing the related Receivable except (a) in the event of payment in full by or on behalf of the Obligor thereunder or payment in full less a deficiency which the Servicer would not attempt to collect in accordance with its Customary Servicing Practicescustomary servicing procedures, (b) in connection with repossession or (c) except as may be required by an insurer in order to receive proceeds from any Insurance Policy covering such Financed Vehicle.

Liens in Force. Except as contemplated by this Agreement or to the extent required by law or court order, the The Servicer shall not release in whole or in part any Financed Vehicle from the security interest securing the related Receivable except (a) in the event of payment in full by or on behalf of the Obligor thereunder or payment in full less a deficiency amount which the Servicer would not attempt to collect in accordance with its Customary Servicing Practices, (b) the standard of care set forth in Section 3.1 or in connection with repossession repossession, or (c) except as may be required by an insurer in order to receive proceeds from any Insurance Policy covering such Financed Vehicle.