Common use of Lien Enforcement Clause in Contracts

Lien Enforcement. Each Receivable provides for enforcement of the lien or the clear legal right of repossession, as applicable, on the Financed Vehicle securing such Receivable.

Appears in 96 contracts

Sources: Purchase Agreement (Vroom, Inc.), Sale and Servicing Agreement (Vroom, Inc.), Sale and Servicing Agreement (Vroom, Inc.)

Lien Enforcement. Each Receivable provides for enforcement of the lien or the clear legal right of repossession, as applicable, on the Financed Vehicle securing securiing such Receivable.

Appears in 2 contracts

Sources: Sale and Servicing Agreement (Americredit Automobile Receivables Trust 2003-B-X), Sale and Servicing Agreement (Americredit Automobile Receivables Trust 2003-a-M)

Lien Enforcement. Each Receivable provides for enforcement of the lien or the clear legal right of repossession, as applicable, on the Financed Vehicle securing such Receivable.. Table of Contents

Appears in 1 contract

Sources: Sale and Servicing Agreement (Americredit Automobile Receivables Trust 2011-4)