Toyota Auto Receivables 2025-a Owner Trust Sample Contracts

between TOYOTA AUTO RECEIVABLES 2025-A OWNER TRUST, as Issuer, and U.S. BANK NATIONAL ASSOCIATION, as Indenture Trustee and Securities Intermediary Dated as of January 29, 2025
Indenture • January 29th, 2025 • Toyota Auto Receivables 2025-a Owner Trust • Asset-backed securities • New York

INDENTURE, dated as of January 29, 2025, between TOYOTA AUTO RECEIVABLES 2025-A OWNER TRUST, a Delaware statutory trust (the “Issuer”), and U.S. BANK NATIONAL ASSOCIATION, a national banking association, as indenture trustee and not in its individual capacity (the “Indenture Trustee”) and as securities intermediary (the “Securities Intermediary”).

AMENDED AND RESTATED TRUST AGREEMENT
Trust Agreement • January 29th, 2025 • Toyota Auto Receivables 2025-a Owner Trust • Asset-backed securities • Delaware

AMENDED AND RESTATED TRUST AGREEMENT, dated as of January 29, 2025, by and between TOYOTA AUTO FINANCE RECEIVABLES LLC, a Delaware limited liability company, as depositor, and WILMINGTON TRUST, NATIONAL ASSOCIATION, a national banking association, not in its individual capacity but solely as Owner Trustee, amending and restating in its entirety the Trust Agreement dated as of September 18, 2024 (the “Original Trust Agreement”), by and between TOYOTA AUTO FINANCE RECEIVABLES LLC, a Delaware limited liability company, as depositor and WILMINGTON TRUST, NATIONAL ASSOCIATION, a national banking association, as owner trustee, and herein referred to as the “Trust Agreement” or this “Agreement.”

ADMINISTRATION AGREEMENT
Administration Agreement • January 29th, 2025 • Toyota Auto Receivables 2025-a Owner Trust • Asset-backed securities • New York

ADMINISTRATION AGREEMENT, dated as of January 29, 2025 (this “Agreement”), among TOYOTA AUTO RECEIVABLES 2025-A OWNER TRUST, a Delaware statutory trust (the “Issuer”), TOYOTA MOTOR CREDIT CORPORATION, a California corporation, as administrator (the “Administrator”), and U.S. BANK NATIONAL ASSOCIATION, a national banking association, not in its individual capacity but solely as Indenture Trustee (the “Indenture Trustee”).

SALE AND SERVICING AGREEMENT
Sale and Servicing Agreement • January 29th, 2025 • Toyota Auto Receivables 2025-a Owner Trust • Asset-backed securities • New York

SALE AND SERVICING AGREEMENT, dated as of January 29, 2025, among TOYOTA AUTO RECEIVABLES 2025-A OWNER TRUST, a Delaware statutory trust (the “Issuer”), TOYOTA AUTO FINANCE RECEIVABLES LLC, a Delaware limited liability company (“TAFR LLC” or the “Seller”), and TOYOTA MOTOR CREDIT CORPORATION, a California corporation (“TMCC,” the “Sponsor” or the “Servicer”).

SECURITIES ACCOUNT CONTROL AGREEMENT (Toyota Auto Receivables 2025-A Owner Trust Reserve Account)
Securities Account Control Agreement • January 29th, 2025 • Toyota Auto Receivables 2025-a Owner Trust • Asset-backed securities • New York

This Securities Account Control Agreement (the “Agreement”) is dated as of January 29, 2025 and entered into among Toyota Auto Finance Receivables LLC (the “Pledgor”), a Delaware limited liability company, U.S. Bank National Association, in its capacity as Indenture Trustee on behalf of the holders of the Notes referred to below (in such capacity, the “Indenture Trustee,” also referred to herein as the “Secured Party”) under the Indenture (as defined below), and U.S. Bank National Association, in its capacity as securities intermediary (in such capacity, the “Securities Intermediary”). Capitalized terms used but not defined herein shall have the meanings ascribed thereto in the Sale and Servicing Agreement dated as of January 29, 2025, among Toyota Auto Receivables 2025-A Owner Trust, a statutory trust formed pursuant to the laws of the State of Delaware (the “Issuer”), Toyota Auto Finance Receivables LLC, as seller, and Toyota Motor Credit Corporation (“TMCC”), as servicer and sponsor

RECEIVABLES PURCHASE AGREEMENT
Receivables Purchase Agreement • January 29th, 2025 • Toyota Auto Receivables 2025-a Owner Trust • Asset-backed securities • New York

RECEIVABLES PURCHASE AGREEMENT, dated as of January 29, 2025, between TOYOTA MOTOR CREDIT CORPORATION, a California corporation, as seller (the “Seller”), and TOYOTA AUTO FINANCE RECEIVABLES LLC, a Delaware limited liability company, as purchaser (the “Purchaser”).

ASSET REPRESENTATIONS REVIEW AGREEMENT among TOYOTA AUTO RECEIVABLES 2025-A OWNER TRUST, as Issuer, TOYOTA MOTOR CREDIT CORPORATION, as Servicer and Administrator, and CLAYTON FIXED INCOME SERVICES LLC, as Asset Representations Reviewer Dated as of...
Asset Representations Review Agreement • January 29th, 2025 • Toyota Auto Receivables 2025-a Owner Trust • Asset-backed securities • New York

ASSET REPRESENTATIONS REVIEW AGREEMENT, dated as of January 29, 2025 (this “Agreement”), among TOYOTA AUTO RECEIVABLES 2025-A OWNER TRUST, a Delaware statutory trust (the “Issuer”), TOYOTA MOTOR CREDIT CORPORATION, a California corporation (“TMCC”), as servicer (in such capacity, the “Servicer”) and administrator (in such capacity, the “Administrator”), and CLAYTON FIXED INCOME SERVICES LLC, a Delaware limited liability company (the “Asset Representations Reviewer”).

between TOYOTA AUTO RECEIVABLES 2025-A OWNER TRUST, as Issuer, and U.S. BANK NATIONAL ASSOCIATION, as Indenture Trustee and Securities Intermediary Dated as of January 29, 2025
Indenture Agreement • January 24th, 2025 • Toyota Auto Receivables 2025-a Owner Trust • Asset-backed securities • New York

INDENTURE, dated as of January 29, 2025, between TOYOTA AUTO RECEIVABLES 2025-A OWNER TRUST, a Delaware statutory trust (the “Issuer”), and U.S. BANK NATIONAL ASSOCIATION, a national banking association, as indenture trustee and not in its individual capacity (the “Indenture Trustee”) and as securities intermediary (the “Securities Intermediary”).

AMENDMENT NO. 1 TO SALE AND SERVICING AGREEMENT (Toyota Auto Receivables 2025-A Owner Trust)
Sale and Servicing Agreement • February 14th, 2025 • Toyota Auto Receivables 2025-a Owner Trust • Asset-backed securities • New York

This AMENDMENT NO. 1, dated February 13, 2025 (this “Amendment”), is to the SALE AND SERVICING AGREEMENT, dated as of January 29, 2025 (the “Sale and Servicing Agreement”), among TOYOTA AUTO RECEIVABLES 2025‑A OWNER TRUST, a Delaware statutory trust, as issuer (the “Issuer”), TOYOTA AUTO FINANCE RECEIVABLES LLC, a Delaware limited liability company, as seller (the “Seller”), and TOYOTA MOTOR CREDIT CORPORATION, a California corporation, as servicer (the “Servicer”) and as sponsor (the “Sponsor”).