No Payment Default. Except for payment delinquencies that have been continuing for a period of not more than 29 days, no payment default under the terms of any Receivable exists as of the Cutoff Date. Test 11-1: Delinquency Observe TMCC’s Data Tape and confirm the Receivable was not more than 29 days delinquent as of the Cutoff Date.
Appears in 65 contracts
Samples: Asset Representations Review Agreement (Toyota Auto Receivables 2024-B Owner Trust), Asset Representations Review Agreement (Toyota Auto Receivables 2023-a Owner Trust), Asset Representations Review Agreement (Toyota Auto Receivables 2019-C Owner Trust)
No Payment Default. Except for payment delinquencies that have been continuing for a period of not more than 29 [__] days, no payment default under the terms of any Receivable exists as of the Cutoff Date. Test 11-1: Delinquency Observe TMCC’s Data Tape and confirm the Receivable was not more than 29 [__] days delinquent as of the Cutoff Date.
Appears in 2 contracts
Samples: Review Agreement (Toyota Auto Finance Receivables LLC), Review Agreement (Toyota Auto Finance Receivables LLC)
