Liens in Force. The Financed Vehicle securing each Receivable shall not be released in whole or in part from the security interest granted by the Receivable, except upon payment in full of the Receivable or as otherwise contemplated herein.
Appears in 4 contracts
Samples: Sale and Servicing Agreement (Americredit Corp), Sale and Servicing Agreement (Bay View Capital Corp), Sale and Servicing Agreement (Bay View Capital Corp)
Liens in Force. The Financed Vehicle securing each Receivable shall not be released by the related Seller in whole or in part from the security interest granted by under the related Receivable, except upon payment in full of the Receivable or as otherwise contemplated hereinherein or the Transaction Documents and the related Seller shall not take or permit any action inconsistent with the foregoing.
Appears in 4 contracts
Samples: Master Receivables Purchase Agreement, Master Receivables Purchase Agreement (Americredit Corp), Master Receivables Purchase Agreement (Americredit Corp)
Liens in Force. The Financed Vehicle securing each Receivable shall not be released by the Seller in whole or in part from the security interest granted by under the Receivable, except upon payment in full of the Receivable or as otherwise contemplated herein.herein and the Seller shall not take or permit any action inconsistent with the foregoing;
Appears in 3 contracts
Samples: Asset Purchase Agreement (Firstplus Financial Group Inc), Sale and Servicing Agreement (Americredit Corp), Sale and Servicing Agreement (Americredit Corp)
Liens in Force. The Financed Vehicle securing each Receivable shall not be released in whole or in part from the security interest granted by the Receivable, except upon payment in full of the Receivable or, in the event that more than one Financed Vehicle was originally pledged to secure such Receivable, upon the payment of an allowable portion of such Receivable, one or more such Financed Vehicles may be so released or as otherwise contemplated herein.;
Appears in 2 contracts
Samples: Pooling and Servicing Agreement (Painewebber Asset Acceptance Corp), Pooling and Servicing Agreement (Securitized Asset Backed Receivables LLC)
Liens in Force. The Financed Vehicle securing each -------------- Receivable shall not be released by the related Seller in whole or in part from the security interest granted by under the related Receivable, except upon payment in full of the Receivable or as otherwise contemplated hereinherein or the Transaction Documents and the related Seller shall not take or permit any action inconsistent with the foregoing.
Appears in 2 contracts
Samples: Master Receivables Purchase Agreement (Americredit Corp), Master Receivables Purchase Agreement (Americredit Corp)
Liens in Force. The Financed Vehicle securing each Receivable -------------- shall not be released by the related Seller in whole or in part from the security interest granted by under the Receivable, except upon payment in full of the Receivable or as otherwise contemplated hereinherein or the Related Documents and the related Seller shall not take or permit any action inconsistent with the foregoing.
Appears in 1 contract
Samples: Master Receivables Purchase Agreement (Americredit Financial Services of Canada LTD)
Liens in Force. The Financed Vehicle securing each Receivable shall not be released by such Contributing Subsidiary in whole or in part from the security interest granted by under the related Receivable, except upon payment in full of the Receivable or as otherwise contemplated hereinherein or the Transaction Documents and such Contributing Subsidiary shall not take or permit any action inconsistent with the foregoing.
Appears in 1 contract
Liens in Force. The Financed Vehicle securing each Receivable -------------- shall not be released by such Seller in whole or in part from the security interest granted by under the Receivable, except upon payment in full of the Receivable or as otherwise contemplated herein.herein and such Seller shall not take or permit any action inconsistent with the foregoing;
Appears in 1 contract
Liens in Force. The Financed Vehicle securing each Receivable shall not be released in whole or in part from the security interest granted by the Receivablerelated Contract, except upon payment in full of the Receivable or as otherwise contemplated herein.herein or by the other Transaction Documents;
Appears in 1 contract
Samples: Servicing and Custodian Agreement (Americredit Corp)