Application of Collections. On each Payment Date, all collections for the related Collection Period shall be applied by the Servicer as follows:
Appears in 235 contracts
Samples: Sale and Servicing Agreement (Toyota Auto Receivables 2024-B Owner Trust), Sale and Servicing Agreement (Honda Auto Receivables 2024-1 Owner Trust), Sale and Servicing Agreement (Honda Auto Receivables 2024-1 Owner Trust)