Assignment of City-Supplied Motor Vehicles Sample Clauses

Assignment of City-Supplied Motor Vehicles. The Chief of Police shall maintain a policy for the assignment of City-supplied motor vehicles, which shall provide:
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Related to Assignment of City-Supplied Motor Vehicles

  • Maintenance of Security Interests in Financed Vehicles The Servicer shall, in accordance with its customary servicing procedures, take such steps as are necessary to maintain perfection of the security interest created by each Receivable in the related Financed Vehicle. The Servicer is hereby authorized to take such steps as are necessary to re-perfect such security interest on behalf of the Issuing Entity and the Indenture Trustee in the event of the relocation of a Financed Vehicle or for any other reason.

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