Sale and Servicing Agreement definition

Sale and Servicing Agreement means the Sale and Servicing Agreement, dated as of the Closing Date, between the Seller, the Issuer, the Servicer and the Indenture Trustee, as the same may be amended, modified or supplemented from time to time.

Sale and Servicing Agreement means the Sale and Servicing Agreement, dated as of April 19, 2018, among the Trust, the Seller, GM Financial, and Xxxxx Fargo Bank, N.A., as Trust Collateral Agent, as the same may be amended and supplemented from time to time.

Sale and Servicing Agreement means the Sale and Servicing Agreement referred to in Section 1.1 hereof.

Examples of Sale and Servicing Agreement in a sentence

• All demands, notices and communications hereunder shall be in writing and shall be delivered or mailed by registered or certified first-class United States mail, postage prepaid, hand delivery, prepaid courier service, or by facsimile or by electronic transmission, and addressed in each case as specified on Schedule I to the Sale and Servicing Agreement or at such other address as shall be designated by any of the specified addressees in a written notice to the other parties hereto.

• Any Asset Review Notice is to be sent pursuant to Section [12.3(a)] of the Sale and Servicing Agreement.

• As provided in Sections 5.4 and 8.2, all payments of amounts due and payable with respect to any Notes that are to be made from amounts withdrawn from the Trust Accounts shall be made on behalf of the Issuer by the Indenture Trustee or by another Paying Agent, and no amounts so withdrawn therefrom for payments on the Notes shall be paid over to the Issuer except as provided in this Section and Section 4.4 of the Sale and Servicing Agreement.

• The Seller acknowledges that Purchaser intends, pursuant to the Sale and Servicing Agreement, to convey the Subsequent Receivables and the Subsequent Other Conveyed Property, together with its rights under this Agreement, to the Issuer on the Subsequent Transfer Date.

• The holder of this Certificate acknowledges and agrees that its rights to receive distributions in respect of this Certificate are subordinated to the rights of the Noteholders as described in the Indenture, the Sale and Servicing Agreement and the Trust Agreement, as applicable.

More Definitions of Sale and Servicing Agreement

Sale and Servicing Agreement means the Sale and Servicing Agreement, dated as of the date hereof, among the Issuer, the Trust Depositor, the Indenture Trustee and the Servicer.

Sale and Servicing Agreement means the Sale and Servicing Agreement referred to in Section 1.1.

Sale and Servicing Agreement means the Sale and Servicing Agreement, dated as of the Cutoff Date, among the Issuer, the Depositor and the Servicer.

Sale and Servicing Agreement means the Sale and Servicing Agreement, dated as of August 16, 2022, among the Trust, TAFR LLC, as seller, and TMCC, as servicer.

Sale and Servicing Agreement means the Sale and Servicing Agreement, dated as of April 1, 2020, among the Issuer, the Depositor and the Servicer.

Sale and Servicing Agreement means the Sale and Servicing Agreement, dated as of [_______], 20[__], among the Issuer, Toyota Auto Finance Receivables LLC, as Seller, and Toyota Motor Credit Corporation, as Servicer and Sponsor, and as acknowledged and accepted by the Indenture Trustee.

Sale and Servicing Agreement means the Sale and Servicing Agreement, dated as of June 1, 2005, among the Issuer, the Transferor, the Servicer, the Back-up Servicer, the Trust Collateral Agent and the Custodian, as the same may be amended or supplemented from time to time.