Examples of Repossessed Vehicle in a sentence
The Contracts to be sold by it on such Purchase Date will not result in the Outstanding Balance of Purchased Contracts secured by Vehicles previously repossessed by or on behalf of the Seller (each, a "Repossessed Vehicle") exceeding 1% of the aggregate Outstanding Balance of all Purchased Contracts.
Collection Period Collection Period End Date Delinquency Trigger Percentage 0-00 - 00-00 - 00-00 - 00 and after and after Repossessed Vehicle Inventory vehicles * Included with Delinquencies Above Servicer's Certificate for the Collection Period [x] through [x] for Payment Date of [x] Toyota Auto Receivables 2016-D Owner Trust Toyota Auto Finance Receivables, LLC SELLER SERVICER I hereby certify to the best of my knowledge that the report provided is true and correct.
Notwithstanding Section 2.06 of the Servicing Agreement, the Servicer need not deduct from Repossessed Vehicle Proceeds, Matured Leased Vehicle Proceeds or other Liquidation Proceeds or Insurance Proceeds with respect to any particular 1999-A Leased Vehicle all related unreimbursed Repossessed Vehicle Expenses, Matured Leased Vehicle Expenses or other Liquidation Expenses or Insurance Expenses prior to transferring such funds out of its operating account.
Notwithstanding Section 2.06 of the Servicing Agreement, the Servicer need not deduct from Repossessed Vehicle Proceeds, Matured Leased Vehicle Proceeds or other Liquidation Proceeds or Insurance Proceeds with respect to any particular 1997-B Leased Vehicle all related unreimbursed Repossessed Vehicle Expenses, Matured Leased Vehicle Expenses or other Liquidation Expenses or Insurance Expenses prior to transferring such funds out of its operating account.
REPOSSESSION ACTIVITY (A) Vehicles Repossessed During Collectio 29 0.05% $407,890.5 0.06% (B) Total Accumulated Repossessed Vehicle 45 0.08% $660,172.5 0.10% XIX.
As of the last day of any month, the aggregate Outstanding Balance of Purchased Contracts secured by Vehicles previously repossessed by the Seller (each, a "Repossessed Vehicle") shall not exceed 1% of the aggregate Outstanding Balance of all Purchased Contracts then financed by the Lenders.
REPOSSESSION ACTIVITY (A) Vehicles Repossessed During Collectio 26 0.06% $354,112.29 0.08% (B) Total Accumulated Repossessed Vehicle 49 0.11% $565,532.22 0.13% XIX.
Notwithstanding Section 2.06 of the Servicing Agreement, the Servicer need not deduct from Repossessed Vehicle Proceeds, Matured Leased Vehicle Proceeds or other Liquidation Proceeds or Insurance Proceeds with respect to any particular 1997-A Leased Vehicle all related unreimbursed Repossessed Vehicle Expenses, Matured Leased Vehicle Expenses or other Liquidation Expenses or Insurance Expenses prior to transferring such funds out of its operating account.
To the extent that any Eligible Repossessed Vehicle is encumbered by a lien or encumbrance which is a Permitted Lien not securing the Obligations, the amount of the Indebtedness secured by such lien or encumbrance shall be deducted from the value determined in accordance with the immediately preceding sentence of this definition of the term "Determined Value".
Notwithstanding Section 2.06 of the Servicing Agreement, the Servicer need not deduct from Repossessed Vehicle Proceeds, Matured Leased Vehicle Proceeds or other Liquidation Proceeds or Insurance Proceeds with respect to any particular 1996-B Leased Vehicle all related unreimbursed Repossessed Vehicle Expenses, Matured Leased Vehicle Expenses or other Liquidation Expenses or Insurance Expenses prior to transferring such funds out of its operating account.