Common use of Receivables in Force Clause in Contracts

Receivables in Force. No Receivable shall have been satisfied, subordinated or rescinded, nor shall any Financed Vehicle have been released in whole or in part from the lien granted by the related Receivable.

Appears in 180 contracts

Samples: Sale and Servicing Agreement (Toyota Auto Finance Receivables LLC), Receivables Purchase Agreement (Honda Auto Receivables 2015-4 Owner Trust), Receivables Purchase Agreement (Honda Auto Receivables 2015-4 Owner Trust)

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Receivables in Force. No Receivable shall have has been satisfied, subordinated or rescinded, nor shall has any Financed Vehicle have been released in whole or in part from the lien granted by the related ReceivableReceivable in whole or in part.

Appears in 132 contracts

Samples: Sale and Servicing (Consumer Portfolio Services Inc), Sale and Servicing (Consumer Portfolio Services Inc), Sale and Servicing (Consumer Portfolio Services Inc)

Receivables in Force. No Receivable shall have has been satisfied, subordinated or rescinded, nor shall has any Financed Vehicle have been released from the Lien granted by the related Receivable in whole or in part from the lien granted by the related Receivablepart.

Appears in 79 contracts

Samples: Sale and Servicing Agreement (World Omni Auto Receivables Trust 2024-B), Sale and Servicing Agreement (World Omni Auto Receivables Trust 2024-B), Sale and Servicing Agreement (World Omni Auto Receivables Trust 2024-A)

Receivables in Force. No Receivable shall have has been satisfied, subordinated or rescinded, nor shall has any Financed Vehicle have been released in whole or in part from the lien Lien granted by the related Receivable.

Appears in 71 contracts

Samples: Receivables Purchase Agreement (CarMax Auto Owner Trust 2015-4), Sale and Servicing Agreement (CarMax Auto Owner Trust 2015-4), Sale and Servicing Agreement (CarMax Auto Owner Trust 2015-3)

Receivables in Force. No Receivable shall have been satisfied, subordinated subordinated, or rescinded, nor shall any Financed Vehicle have been released in whole or in part from the lien granted by the related ReceivableReceivable in whole or in part.

Appears in 63 contracts

Samples: Purchase Agreement (Ford Credit Auto Receivables Corp), Pooling and Servicing Agreement (Chevy Chase Auto Receivables Trust 1996-2), Sale and Servicing Agreement (Chevy Chase Bank FSB)

Receivables in Force. No Receivable shall have been satisfied, subordinated or rescinded, nor shall any Financed Vehicle have been released in whole or in part from the lien Lien granted by the related Receivable.

Appears in 30 contracts

Samples: Sale and Servicing Agreement (Mercedes-Benz Auto Receivables Trust 2024-1), Sale and Servicing Agreement (Mercedes-Benz Auto Receivables Trust 2024-1), Sale and Servicing Agreement (Mercedes-Benz Auto Receivables Trust 2023-2)

Receivables in Force. No Receivable shall have has been satisfied, subordinated subordinated, or rescinded, nor shall has any Financed Vehicle have been released from the Lien granted by the related Receivable in whole or in part from the lien granted by the related Receivablepart.

Appears in 13 contracts

Samples: Sale and Servicing Agreement (USAA Auto Owner Trust 2007-1), Sale and Servicing Agreement (USAA Auto Owner Trust 2008-1), Sale and Servicing Agreement (USAA Auto Owner Trust 2007-2)

Receivables in Force. No Receivable shall have been satisfied, subordinated or rescinded, nor shall any Financed Vehicle Equipment have been released in whole or in part from the lien Lien granted by the related Receivable.

Appears in 11 contracts

Samples: Sale and Servicing Agreement (Daimler Trucks Retail Trust 2024-1), Sale and Servicing Agreement (Daimler Trucks Retail Trust 2024-1), Sale and Servicing Agreement (Daimler Trucks Retail Trust 2023-1)

Receivables in Force. No Receivable shall have has been satisfied, subordinated subordinated, or rescinded, nor shall has any Financed Vehicle have been released in whole or in part from the lien granted by the related ReceivableReceivable in whole or in part.

Appears in 8 contracts

Samples: Purchase Agreement (Ford Credit Auto Owner Trust 2004-A), Purchase Agreement (Ford Credit Auto Receivables Two LLC), Purchase Agreement (Ford Credit Auto Receivables Two LLC)

Receivables in Force. No Receivable shall have been satisfied, subordinated or rescinded, nor shall any Financed Vehicle have been released in whole or in part from the lien granted by the related ReceivableReceivable in whole or in part.

Appears in 5 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)

Receivables in Force. No Receivable shall have has been satisfied, -------------------- subordinated or rescinded, nor shall has any Financed Vehicle have been released in whole or in part from the lien granted by the related ReceivableReceivable in whole or in part.

Appears in 3 contracts

Samples: Sale and Servicing Agreement (World Omni Auto Receivables LLC), Pooling and Servicing Agreement (Asset Backed Securities Corp), Sale and Servicing Agreement (Asset Backed Securities Corp)

Receivables in Force. No Receivable shall have been satisfied, subordinated subordinated, or rescinded, nor shall any Financed Vehicle have been released from the Lien granted by the related Receivable in whole or in part part, which security interest is assignable from the lien granted by Seller to the related Receivable.Purchaser. (viii)

Appears in 2 contracts

Samples: Purchase Agreement (Mmca Auto Receivables Inc), Purchase Agreement (Mmca Auto Receivables Inc)

Receivables in Force. No Receivable shall have been satisfied, subordinated subordinated, or rescinded, nor shall any Financed Vehicle have been released from the Lien granted by the related Receivable in whole or in part from the lien granted part, which security interest shall be assignable by the related ReceivableSeller to the Purchaser.

Appears in 2 contracts

Samples: Purchase Agreement (Mmca Auto Owner Trust 2000-2), Purchase Agreement (Mmca Auto Receivables Trust)

Receivables in Force. No Receivable shall have been satisfied, subordinated subordinated, or rescinded, nor shall any Financed Vehicle have been released from the Lien granted by the related Receivable in whole or in part part, which security interest is assignable from the lien granted by Seller to the related ReceivablePurchaser.

Appears in 2 contracts

Samples: Purchase Agreement (Mmca Auto Receivables Trust), Purchase Agreement (Mmca Auto Receivables Trust)

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Receivables in Force. No Receivable shall have has been satisfied, subordinated subordinated, or rescinded, nor shall has any Financed Vehicle have been released in whole or in part by the Seller from the lien Lien granted by the related Receivable., in whole or in part;

Appears in 2 contracts

Samples: Sale and Servicing Agreement (Chase Auto Owner Trust 2005-B), Sale and Servicing Agreement (Chase Auto Owner Trust 2005-A)

Receivables in Force. No Receivable shall have been satisfied, subordinated subordinated, or rescinded, nor shall any Financed Vehicle have been released from the Lien granted by the related Receivable in whole or in part part, which security interest is assignable from the lien granted by Seller to the related Receivable.Purchaser..

Appears in 1 contract

Samples: Purchase Agreement (Mmca Auto Receivables Inc)

Receivables in Force. No Receivable shall have has been satisfied, subordinated sub ordinated, or rescinded, nor shall has any Financed Vehicle have been released from the Lien granted by the related Receivable in whole or in part from the lien granted by the related Receivablepart.

Appears in 1 contract

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

Receivables in Force. No Subsequent Receivable shall have been satisfied, subordinated or rescinded, nor shall any related Financed Vehicle have been released in whole or in part from the lien granted by the related ReceivableSubsequent Receivable in whole or in part.

Appears in 1 contract

Samples: Transfer Agreement (Fleetwood Credit Receivables Corp)

Receivables in Force. No Receivable shall have has been satisfied, -------------------- subordinated or rescinded, nor shall any Financed Vehicle have been released from the security interests granted by the related Contract in whole or in part from the lien granted by the related Receivablepart.

Appears in 1 contract

Samples: Sale and Servicing Agreement (Americredit Corp)

Receivables in Force. No Receivable shall have has been satisfied, subordinated or rescinded, nor shall has any Financed Vehicle have been released from the lien granted under the related Receivable in whole or in part from the lien granted by the related Receivablepart.

Appears in 1 contract

Samples: Receivables Purchase Agreement (Chrysler Financial Corp)

Receivables in Force. No Receivable shall have been satisfied, subordinated subordinated, or rescinded, nor shall any Financed Vehicle have been released from the Lien granted by the related Receivable in whole or in part from the lien granted by the related Receivablepart.

Appears in 1 contract

Samples: Purchase Agreement (First Investors Financial Services Group Inc)

Receivables in Force. No Standard Receivable shall have been satisfied, subordinated or rescinded, nor shall any Financed Vehicle have been released in whole or in part from the lien granted by the related ReceivableStandard Receivable in whole or in part.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (World Omni Auto Receivables LLC)

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