Liens in Force. Except upon the payment in full of a Receivable or as otherwise contemplated by this Agreement or Applicable Law, the Servicer shall not release in whole or in part any Financed Equipment from the security interest securing the related Receivable.
Appears in 11 contracts
Samples: Sale and Servicing Agreement (Daimler Trucks Retail Trust 2024-1), Sale and Servicing Agreement (Daimler Trucks Retail Trust 2024-1), Sale and Servicing Agreement (Daimler Trucks Retail Trust 2023-1)
Liens in Force. Except upon the payment in full of a Receivable or as otherwise contemplated by this Agreement or Applicable Lawapplicable law, the Servicer shall not release in whole or in part any Financed Equipment Vehicle from the security interest securing the related Receivable.
Appears in 3 contracts
Samples: Sale and Servicing Agreement (Wachovia Auto Owner Trust 2005-A), Sale and Servicing Agreement (Pooled Auto Securities Shelf LLC), Sale and Servicing Agreement (Wachovia Auto Owner Trust 2004-B)