Common use of The Receivables Clause in Contracts

The Receivables. SECTION 3.01 Representations and Warranties of the Seller with Respect to the Receivables 23 SECTION 3.02 Remedies 27 SECTION 3.03 Duties of Servicer as Custodian 27 SECTION 3.04 Instructions; Authority To Act 28 SECTION 3.05 Custodian’s Indemnification 28 SECTION 3.06 Effective Period and Termination 28 ARTICLE IV ADMINISTRATION AND SERVICING OF RECEIVABLES SECTION 4.01 Duties of Servicer 29 SECTION 4.02 Collection and Allocation of Receivable Payments 30 SECTION 4.03 [Reserved] 31 SECTION 4.04 Realization upon Receivables 31 SECTION 4.05 Physical Damage Insurance 31 SECTION 4.06 Maintenance of Security Interests in Financed Vehicles 31 SECTION 4.07 Covenants of Servicer 32 SECTION 4.08 Remedies 32 SECTION 4.09 Servicing Fee and Expenses 33 SECTION 4.10 Servicer’s Certificate 33 SECTION 4.11 Annual Statement as to Compliance; Notice of Default 33 SECTION 4.12 Assessment of Compliance and Accountants’ Attestation 34 SECTION 4.13 Access to Certain Documentation and Information Regarding Receivables 35 SECTION 4.14 Appointment of Subservicer 35 SECTION 4.15 Amendments to Schedule of Receivables 36 SECTION 4.16 Reports to Securityholders and Rating Agencies 36 SECTION 4.17 Information to be Provided by the Servicer 36 SECTION 4.18 Remedies 37

Appears in 3 contracts

Samples: Sale and Servicing Agreement (Toyota Auto Receivables 2012-B Owner Trust), Sale and Servicing Agreement (Toyota Auto Receivables 2012-a Owner Trust), Sale and Servicing Agreement (Toyota Auto Receivables 2012-a Owner Trust)

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The Receivables. SECTION 3.01 Representations and Warranties of the Seller with Respect to the Receivables 23 SECTION 3.02 Remedies 27 26 SECTION 3.03 Duties of Servicer as Custodian 27 SECTION 3.04 Instructions; Authority To Act 28 SECTION 3.05 Custodian’s Indemnification 28 SECTION 3.06 Effective Period and Termination 28 ARTICLE IV ADMINISTRATION AND SERVICING OF RECEIVABLES SECTION 4.01 Duties of Servicer 29 SECTION 4.02 Collection and Allocation of Receivable Payments 30 SECTION 4.03 [Reserved] 31 SECTION 4.04 Realization upon Receivables 31 SECTION 4.05 Physical Damage Insurance 31 SECTION 4.06 Maintenance of Security Interests in Financed Vehicles 31 SECTION 4.07 Covenants of Servicer 32 SECTION 4.08 Remedies 32 SECTION 4.09 Servicing Fee and Expenses 33 SECTION 4.10 Servicer’s Certificate 33 SECTION 4.11 Annual Statement as to Compliance; Notice of Default 33 SECTION 4.12 Assessment of Compliance and Accountants’ Attestation 34 SECTION 4.13 Access to Certain Documentation and Information Regarding Receivables 35 SECTION 4.14 Appointment of Subservicer 35 SECTION 4.15 Amendments to Schedule of Receivables 36 SECTION 4.16 Reports to Securityholders and Rating Agencies 36 SECTION 4.17 Information to be Provided by the Servicer 36 SECTION 4.18 Remedies 37

Appears in 2 contracts

Samples: Sale and Servicing Agreement (Toyota Auto Receivables 2011-a Owner Trust), Sale and Servicing Agreement (Toyota Auto Receivables 2011-a Owner Trust)

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The Receivables. SECTION Section 3.01 Representations and Warranties of the Seller with Respect to 18 Section 3.02 Representations and Warranties of the Receivables 23 SECTION 3.02 Remedies 27 SECTION Depositor 19 Section 3.03 Duties of Servicer as Custodian 27 SECTION 3.04 Instructions; Authority To Act 28 SECTION 3.05 Custodian’s Indemnification 28 SECTION 3.06 Effective Period and Termination 28 ARTICLE IV Repurchase Upon Breach 19 ADMINISTRATION AND SERVICING OF RECEIVABLES SECTION Section 4.01 Duties of Servicer 29 SECTION 20 Section 4.02 Collection and Allocation of Receivable Payments 30 SECTION Payments; Modifications of Receivables 21 Section 4.03 [Reserved] 31 SECTION 4.04 Realization upon Receivables 31 SECTION 4.05 21 Section 4.04 Physical Damage Insurance 31 SECTION 4.06 22 Section 4.05 Maintenance of Security Interests in Financed Vehicles 31 SECTION 4.07 22 Section 4.06 Covenants of Servicer 32 SECTION 22 Section 4.07 Purchase of Receivables Upon Breach 23 Section 4.08 Remedies 32 SECTION 4.09 Servicing Fee and Expenses 33 SECTION 4.10 23 Section 4.09 Servicer’s Certificate 33 SECTION 4.11 23 Section 4.10 Annual Statement as to Compliance; , Notice of Default 33 SECTION Servicer Termination Event 24 Section 4.11 [Reserved] 24 Section 4.12 Assessment of Compliance and Accountants’ Attestation 34 SECTION 4.13 Access to Certain Documentation and Information Regarding Receivables 35 SECTION 24 Section 4.13 Term of Servicer 24 Section 4.14 Appointment of Subservicer 35 SECTION Annual Independent Accountants’ Report 24 Section 4.15 Amendments to Schedule of Receivables 36 SECTION 4.16 Reports to Securityholders and Rating Agencies 36 SECTION 4.17 Information to be Provided by the Servicer 36 SECTION 4.18 Remedies 37Commission 25 Section 4.16 Compensation of Indenture Trustee 25 ARTICLE V. DISTRIBUTIONS; STATEMENTS TO SECURITYHOLDERS Section 5.01 Post Office Box 26 Section 5.02 Accounts 26 Section 5.03 Application of Collections 27 Section 5.04 Purchase Amounts 28 i

Appears in 1 contract

Samples: Sale and Servicing Agreement (Hyundai Abs Funding Corp)

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