Common use of Security Interest to Remain in Force Clause in Contracts

Security Interest to Remain in Force. The Financed Vehicle securing each Receivable will not be released from the security interest granted by the Receivable in whole or in part, except as contemplated herein.

Appears in 35 contracts

Samples: Sale and Servicing Agreement (Mmca Auto Receivables Inc), Sale and Servicing Agreement (Mmca Auto Receivables Trust), Sale and Servicing Agreement (Mmca Auto Owner Trust 2001-3)

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Security Interest to Remain in Force. The Financed Vehicle securing each Receivable will shall not be released from the security interest granted by the Receivable in whole or in partpart except if such Financed Vehicle is substituted in whole by the manufacturer, except dealer or seller as a result of mechanical defects or a total loss of the Financed Vehicle because of accident or theft or as otherwise contemplated herein.;

Appears in 24 contracts

Samples: Sale and Servicing Agreement (JPMorgan Chase Bank, National Association), Sale and Servicing Agreement (Chase Auto Owner Trust 2006-A), Sale and Servicing Agreement (Chase Auto Owner Trust 2005-B)

Security Interest to Remain in Force. The Financed Vehicle securing each Receivable will shall not be released from the security interest granted by the Receivable in whole or in part, part except as contemplated herein.;

Appears in 5 contracts

Samples: Supplement Agreement (Usaa Acceptance LLC), Pooling and Servicing Agreement (Usaa Federal Savings Bank), Supplement Agreement (Usaa Acceptance LLC)

Security Interest to Remain in Force. The Except as contemplated by the Agreement, the Financed Vehicle securing each Receivable will shall not be released by the Servicer from the security interest granted by the Receivable in whole or in part, except as contemplated herein.

Appears in 3 contracts

Samples: Pooling and Servicing Agreement (Fleetwood Credit Receivables Corp), Pooling and Servicing Agreement (Fleetwood Credit Receivables Corp), Pooling and Servicing Agreement (Fleetwood Credit Receivables Corp)

Security Interest to Remain in Force. The Financed Vehicle securing each Receivable will not be released from the security interest granted by the Receivable in whole or in part, except as contemplated herein.. (b)

Appears in 3 contracts

Samples: Sale and Servicing Agreement (Mmca Auto Receivables Inc), Sale and Servicing Agreement (Mmca Auto Receivables Inc), Sale and Servicing Agreement (Mmca Auto Receivables Inc)

Security Interest to Remain in Force. The Financed Vehicle securing each Receivable will Contract shall not be released from the security interest granted by the Receivable Contract in whole or in part, part except as contemplated herein.;

Appears in 2 contracts

Samples: Sale and Servicing Agreement (Cit Group Securitization Corp Ii), Sale and Servicing Agreement (Cit Group Securitization Corp Ii)

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Security Interest to Remain in Force. The Financed Vehicle securing each Receivable will shall not be released from the security interest granted xxxxx xx by the Receivable in whole or in part, part except as contemplated herein.;

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Usaa Federal Savings Bank)

Security Interest to Remain in Force. The Except as contemplated by this Agreement, the Financed Vehicle securing each Receivable will shall not be released by the Servicer from the security interest granted by the Receivable in whole or in part, except as contemplated herein.

Appears in 1 contract

Samples: Sale and Servicing Agreement (Fleetwood Credit Receivables Corp)

Security Interest to Remain in Force. The ------------------------------------ Financed Vehicle securing each Receivable will not be released from the security interest granted by the Receivable in whole or in part, except in the event of payment in full by the Obligor thereunder or disposition of a repossessed Financed Vehicle or except as may be required by an insurer in order to receive proceeds from insurance covering such Financed Vehicle or as otherwise contemplated herein.

Appears in 1 contract

Samples: Sale and Servicing Agreement (First Security Bank Na)

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