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Common use of No Repossession Clause in Contracts

No Repossession. No Financed Vehicle has been repossessed without reinstatement as of the Cutoff Date.

Appears in 158 contracts

Sources: Sale and Servicing Agreement (Toyota Auto Receivables 2025-D Owner Trust), Sale and Servicing Agreement (Toyota Auto Receivables 2025-D Owner Trust), Receivables Purchase Agreement (Toyota Auto Receivables 2025-C Owner Trust)

Related Clauses

  • No Repossessions
  • No Reprisals
  • Repossession
  • No Reprisal
  • No Reprisals Clause

Parent Clauses

  • Representations and Warranties of the Seller with Respect to the Receivables
  • Eligibility of Receivables
  • Miscellaneous Provisions
  • Conveyance of Receivables
  • Representations and Warranties of the Seller as to the Receivables
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