Repossession of Collateral. Either or both of the Ally Parties may take immediate possession of the Collateral, without demand, further notice to or consent of Dealership, and with or without legal process. Upon request by either or both of the Ally Parties, Dealership must assemble the Collateral and make it available to such Ally Party(ies) at a reasonably convenient place designated by such Ally Party(ies), including the Dealership premises. Dealership irrevocably authorizes and empowers each of the Ally Parties and their agents to enter upon the premises where the Collateral is located and remove it or render portions of it unusable (“Collateral Recovery”). Dealership irrevocably waives any bonds, surety, or security which may be required by any rule, law, or procedure in connection with Collateral Recovery.
Repossession of Collateral. Secured Party may take possession of any Collateral not already in its possession without demand and without legal process. Upon Secured Party’s demand, Debtor will assemble and make the Collateral available to Secured Party as Secured Party may direct. Debtor grants to Secured Party the right, for this purpose, to enter into or on any premises where Collateral may be located. If Secured Party takes possession of the Collateral, Secured Party shall not be responsible for any of Debtor’s or any other person’s property not covered by this Agreement and left inside the Collateral. Secured Party will hold all such property at Debtor’s sole risk and expense, including storage charges, and without liability on Secured Party’s part. If Debtor does not redeem any such property within 90 days after repossession, Secured Party may dispose of it in any manner Secured Party deems appropriate for such purposes and subject to any applicable laws. Secured Party and its agents are irrevocably appointed Debtor’s true and lawful attorneys in fact to make all necessary transfers of the Collateral upon resale after possession, in Debtor’s name and stead.
Repossession of Collateral. Each Obligor and the Lender agree that, to the extent permitted by law and in respect of any Related Document, if the Borrower is in default of this Agreement, if any Obligor removes the Collateral from the address listed in the First Schedule without the Lender’s written consent, or if the Lender reasonably believes that the Collateral is at risk, the Lender may enter into any premises where the Collateral may be stored, using such reasonable force as is necessary, and take repossession of the Collateral, at the cost of the Obligor, and the Obligor will indemnify the Lender against all costs incurred in doing so.
Repossession of Collateral. A judgment creditor of Borrower shall obtain possession of any of the Collateral by any means, including but without limitation, garnishment, levy, distraint, replevin, or self help.
Repossession of Collateral. Repossessions are not initiated by a defined trigger date. All repossessions are done on a case by case basis with account managers having the responsibility to determine when collection activities have been exhausted and repossession is the last cure. Once the account manager feels it is necessary to move against the collateral they fill out a request form which is then approved by the Collection Supervisor and the Collections Manager. This way we keep the chance of an unwarranted repossession to a minimum and give the collection management another opportunity to review collection procedures and training. Due Date Changes: Due date changes are granted on a limited case-by-case basis as deemed appropriate by our Collections Manager and Collections Supervisor. Due date changes are typically granted in situations to align a customer’s payment due date with the customer’s regularly scheduled paycheck. SCHEDULE III DEFERMENT POLICY
Repossession of Collateral. NMAC may
Repossession of Collateral. Proceed under the Uniform Commercial Code as to all or any part of the collateral, and in conjunction therewith exercise all of the rights, remedies and powers of a secured party under the applicable Uniform Commercial Code, including, without limitation, taking possession of the collateral pursuant to Section 9-503 of the Uniform Commercial Code without resort to judicial process. Upon the occurrence of any Event of Default hereunder, the Borrower shall assemble all of the collateral, and make the same available at the Property. Any notification required by Section 9-504 of the Uniform Commercial Code shall be deemed reasonably and properly given if given in the manner specified for other notices under this Agreement, at least 15 days before any sale or other disposition of the collateral. Disposition of the collateral shall be deemed commercially reasonable if made pursuant to a public offering advertised at least twice in a newspaper of general circulation in the community where the collateral is located.
Repossession of Collateral. Upon the Company's request, WOFC shall be responsible for repossessing and disposing of Collateral at any time an Account is a Defaulted Account. WOFC may engage subcontractors to provide services for such repossession and disposition of Collateral. The Company agrees to pay all reasonable expenses related to the repossession, including but not limited to, a fee of $300.00 per repossession, and agrees that WOFC may deduct such expenses from the amount received by WOFC upon disposition of the Collateral, with the balance to be paid to the Company's Account. At Company's option, upon providing 30 days written notice to WOFC, Company may elect to repossess the Collateral of any Account, in which case, the $300 fee per repossession shall not apply.
Repossession of Collateral. Upon the Company's request, WOFC shall be responsible for repossessing and disposing of collateral at any time an Account is a Defaulted Account. WOFC may engage subcontractors to provide services for such repossession and disposition at Collateral. The Company agrees to pay all reasonable expenses related to the repossession, including but not limited to, a fee of $300.00 per repossession, and agrees that WOPC may deduct such expenses from the Servicing Account. At Company's option, upon providing 30 days written notice to WOFC, Company may elect to repossess the Collateral of any Account, in which case, the $300 fee per repossession shall not apply.
Repossession of Collateral. If the Company elects to take possession of any Goods or trade-ins, it shall have the right, to the full extent allowed by law, to enter any premises occupied by or under the control of the Dealer for that purpose. The Dealer shall, when requested to do so by the Company, gather at the Dealer's principal place of business any Goods or trade-ins which are not already located there. After taking possession, the Company may at its election take any one of the following actions or a combination of (a) and (b), or of (b) and (c):
