Common use of Additional Representations and Warranties Clause in Contracts

Additional Representations and Warranties. (A) Each Receivable is being serviced by TMCC as of the Closing Date; (B) each Receivable is secured by a new or used passenger car, minivan, light-duty truck or sport utility vehicle; (C) no Receivable was more than 29 days past due as of the Cutoff Date; and (D) as of the Cutoff Date, no Receivable was noted in the records of TMCC or the Servicer as being the subject of a bankruptcy proceeding or insolvency proceeding.

Appears in 46 contracts

Samples: Sale and Servicing Agreement (Toyota Auto Finance Receivables LLC), Receivables Purchase Agreement (Toyota Auto Receivables 2016-a Owner Trust), Form of Receivables Purchase Agreement (Toyota Auto Receivables 2017-a Owner Trust)

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Additional Representations and Warranties. (A) Each Receivable is being serviced by TMCC as of the Closing Date; (B) as of the Cutoff Date, each Receivable is secured by a new or used passenger car, minivancrossover utility vehicles, light-duty truck or sport utility vehicle; (C) no Receivable was more than 29 days past due as of the Cutoff Date; and (D) as of the Cutoff Date, no Receivable was noted in the records of TMCC or the Servicer as being the subject of a bankruptcy proceeding or insolvency proceeding.

Appears in 44 contracts

Samples: Receivables Purchase Agreement (Toyota Auto Receivables 2021-C Owner Trust), Receivables Purchase Agreement (Toyota Auto Receivables 2022-C Owner Trust), Receivables Purchase Agreement (Toyota Auto Receivables 2023-B Owner Trust)

Additional Representations and Warranties. (A) Each Receivable is being serviced by TMCC as of the Closing Date; (B) as of the Cutoff Date, each Receivable is secured by a new or used passenger car, minivan, light-duty truck or sport utility vehicle; (C) no Receivable was more than 29 days past due as of the Cutoff Date; and (D) as of the Cutoff Date, no Receivable was noted in the records of TMCC or the Servicer as being the subject of a bankruptcy proceeding or insolvency proceeding.

Appears in 20 contracts

Samples: Form of Sale and Servicing Agreement (Toyota Auto Receivables 2020-D Owner Trust), Form of Receivables Purchase Agreement (Toyota Auto Receivables 2020-C Owner Trust), Receivables Purchase Agreement (Toyota Auto Receivables 2020-D Owner Trust)

Additional Representations and Warranties. (A) Each Receivable is being serviced by TMCC as of the Closing Date; (B) each Receivable is secured by a new or used passenger car, minivan, light-duty truck or sport utility vehicle; (C) no Receivable was more than 29 days past due as of the Cutoff Date; and (D) as of the Cutoff Date, no Receivable was noted in the records of TMCC or the Servicer as being the subject of a bankruptcy proceeding or insolvency proceeding.

Appears in 19 contracts

Samples: Execution Version Sale and Servicing Agreement (Toyota Auto Receivables 2019-a Owner Trust), Receivables Purchase Agreement (Toyota Auto Receivables 2019-B Owner Trust), Sale and Servicing Agreement (Toyota Auto Receivables 2019-B Owner Trust)

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Additional Representations and Warranties. (A) Each Receivable is being serviced by TMCC as of the Closing Date; (B) as of the Cutoff Date, each Receivable is secured by a new or used passenger car, minivancrossover utility vehicles, light-duty truck or sport utility vehicle; (C) no Receivable was more than 29 [_] days past due as of the Cutoff Date; and (D) as of the Cutoff Date, no Receivable was noted in the records of TMCC or the Servicer as being the subject of a bankruptcy proceeding or insolvency proceeding.

Appears in 1 contract

Samples: Form of Receivables Purchase Agreement (Toyota Auto Finance Receivables LLC)

Additional Representations and Warranties. (A) Each Receivable is being serviced by TMCC as of the Closing Date; (B) each Receivable is secured by a new or used passenger car, minivan, light-duty truck or sport utility vehicle; (C) no Receivable was more than 29 [__] days past due as of the Cutoff Date; and (D) as of the Cutoff Date, no Receivable was noted in the records of TMCC or the Servicer as being the subject of a bankruptcy proceeding or insolvency proceeding.

Appears in 1 contract

Samples: Receivables Purchase Agreement (Toyota Auto Finance Receivables LLC)

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