Common use of Credit Risk Retention Clause in Contracts

Credit Risk Retention. On the Closing Date, Toyota Auto Finance Receivables LLC retained $ of the Class A-1 Notes, $ of the Class A-2a Notes, $ of the Class A-2b Notes, $ of the Class A-3 Notes, $ of the Class A-4 Notes, $ of the Class B Notes and 100% of the Certificate. Servicer’s Certificate for the Collection Period [x] through [x] for Payment Date of [x] Toyota Auto Receivables 2023-D Owner Trust Toyota Auto Finance Receivables, LLC SELLER Toyota Motor Credit Corporation SERVICER I hereby certify to the best of my knowledge that the report provided is true and correct. ___________________________________________ Name: Title: EXHIBIT B FORM OF ANNUAL CERTIFICATION Re: The Sale and Servicing Agreement, dated as of November 14, 2023 (the “Agreement”), among Toyota Auto Receivables 2023-D Owner Trust (the “Issuer”), Toyota Auto Finance Receivables LLC (“TAFR LLC” or the “Depositor”) and Toyota Motor Credit Corporation (the “Servicer”). I, ________________________________, the _______________________ [NAME OF COMPANY] (the “Company”), certify to the Issuer and the Depositor, and their officers, with the knowledge and intent that they will rely upon this certification, that:

Credit Risk Retention. On the Closing Date, Toyota Auto Finance Receivables LLC retained $ of the Class A-1 Notes, $ of the Class A-2a Notes, $ of the Class A-2b Notes, $ of the Class A-3 Notes, $ of the Class A-4 Notes, $ of the Class B Notes and 100% of the Certificate. Servicer’s Certificate for the Collection Period [x] through [x] for Payment Date of [x] Toyota Auto Receivables 2023-D C Owner Trust Toyota Auto Finance Receivables, LLC SELLER Toyota Motor Credit Corporation SERVICER I hereby certify to the best of my knowledge that the report provided is true and correct. ___________________________________________ Name: Title: EXHIBIT B FORM OF ANNUAL CERTIFICATION Re: The Sale and Servicing Agreement, dated as of November 14August 15, 2023 (the “Agreement”), among Toyota Auto Receivables 2023-D C Owner Trust (the “Issuer”), Toyota Auto Finance Receivables LLC (“TAFR LLC” or the “Depositor”) and Toyota Motor Credit Corporation (the “Servicer”). I, ________________________________, the _______________________ [NAME OF COMPANY] (the “Company”), certify to the Issuer and the Depositor, and their officers, with the knowledge and intent that they will rely upon this certification, that:

Credit Risk Retention. On the Closing Date, Toyota Auto Finance Receivables LLC retained $ of the Class A-1 Notes, $ of the Class A-2a Notes, $ of the Class A-2b Notes, $ of the Class A-3 Notes, $ of the Class A-4 Notes, $ of the Class B Notes and 100% of the Certificate. Servicer’s 's Certificate for the Collection Period [x] through [x] for Payment Date of [x] Toyota Auto Receivables 20232019-D C Owner Trust Toyota Auto Finance Receivables, LLC SELLER Toyota Motor Credit Corporation SERVICER I hereby certify to the best of my knowledge that the report provided is true and correct. ____________________________________________________ Name: Title: EXHIBIT B FORM OF ANNUAL CERTIFICATION Re: The Sale and Servicing Agreement, dated as of November August 14, 2023 2019 (the “Agreement”), among Toyota Auto Receivables 20232019-D C Owner Trust (the “Issuer”), Toyota Auto Finance Receivables LLC (“TAFR LLC” or the “Depositor”) and Toyota Motor Credit Corporation (the “Servicer”). I, ________________________________, the _______________________ [NAME OF COMPANY] (the “Company”), certify to the Issuer and the Depositor, and their officers, with the knowledge and intent that they will rely upon this certification, that:

Credit Risk Retention. On the Closing Date, Toyota Auto Finance Receivables LLC retained $ of the Class A-1 Notes, $ of the Class A-2a Notes, $ of the Class A-2b Notes, $ of the Class A-3 Notes, $ of the Class A-4 Notes, $ of the Class B Notes and 100% of the Certificate. Servicer’s 's Certificate for the Collection Period [x] through [x] for Payment Date of [x] Toyota Auto Receivables 20232019-D B Owner Trust Toyota Auto Finance Receivables, LLC SELLER Toyota Motor Credit Corporation SERVICER I hereby certify to the best of my knowledge that the report provided is true and correct. ____________________________________________________ Name: Title: EXHIBIT B FORM OF ANNUAL CERTIFICATION Re: The Sale and Servicing Agreement, dated as of November 14May 8, 2023 2019 (the “Agreement”), among Toyota Auto Receivables 20232019-D B Owner Trust (the “Issuer”), Toyota Auto Finance Receivables LLC (“TAFR LLC” or the “DepositorSeller”) and Toyota Motor Credit Corporation (the “Servicer”). I, ________________________________, the _______________________ [NAME OF COMPANY] (the “Company”), certify to the Issuer and the Depositor, and their officers, with the knowledge and intent that they will rely upon this certification, that:

Credit Risk Retention. On the Closing Date, Toyota Auto Finance Receivables LLC retained $ of the Class A-1 Notes, $ of the Class A-2a Notes, $ of the Class A-2b A-2 Notes, $ of the Class A-3 Notes, $ of the Class A-4 Notes, $ of the Class B Notes and 100% of the Certificate. .] Servicer’s 's Certificate for the Collection Period [x] through [x] for Payment Date of [x] Toyota Auto Receivables 20232020-D Owner Trust Toyota Auto Finance Receivables, LLC SELLER Toyota Motor Credit Corporation SERVICER I hereby certify to the best of my knowledge that the report provided is true and correct. ___________________________________________ Name: Title: EXHIBIT B FORM OF ANNUAL CERTIFICATION Re: The Sale and Servicing Agreement, dated as of November 14October 13, 2023 2020 (the “Agreement”), among Toyota Auto Receivables 20232020-D Owner Trust (the “Issuer”), Toyota Auto Finance Receivables LLC (“TAFR LLC” or the “Depositor”) and Toyota Motor Credit Corporation (the “Servicer”). I, ________________________________, the _______________________ [NAME OF COMPANY] (the “Company”), certify to the Issuer and the Depositor, and their officers, with the knowledge and intent that they will rely upon this certification, that:

Credit Risk Retention. On the Closing Date, Toyota Auto Finance Receivables LLC retained $ of the Class A-1 Notes, $ of the Class A-2a Notes, $ of the Class A-2b Notes, $ of the Class A-3 Notes, $ of the Class A-4 Notes, $ of the Class B Notes and 100% of the Certificate. Servicer’s Certificate for the Collection Period [x] through [x] for Payment Date of [x] Toyota Auto Receivables 20232024-D A Owner Trust Toyota Auto Finance Receivables, LLC SELLER Toyota Motor Credit Corporation SERVICER I hereby certify to the best of my knowledge that the report provided is true and correct. ___________________________________________ Name: Title: EXHIBIT B FORM OF ANNUAL CERTIFICATION Re: The Sale and Servicing Agreement, dated as of November 14January 30, 2023 2024 (the “Agreement”), among Toyota Auto Receivables 20232024-D A Owner Trust (the “Issuer”), Toyota Auto Finance Receivables LLC (“TAFR LLC” or the “Depositor”) and Toyota Motor Credit Corporation (the “Servicer”). I, ________________________________, the _______________________ [NAME OF COMPANY] (the “Company”), certify to the Issuer and the Depositor, and their officers, with the knowledge and intent that they will rely upon this certification, that:

Credit Risk Retention. On the Closing Date, Toyota Auto Finance Receivables LLC retained $ of the Class A-1 Notes, $ of the Class A-2a Notes, $ of the Class A-2b Notes, $ of the Class A-3 Notes, $ of the Class A-4 Notes, $ of the Class B Notes and 100% of the Certificate. Servicer’s Certificate for the Collection Period [x] through [x] for Payment Date of [x] Toyota Auto Receivables 20232024-D B Owner Trust Toyota Auto Finance Receivables, LLC SELLER Toyota Motor Credit Corporation SERVICER I hereby certify to the best of my knowledge that the report provided is true and correct. ___________________________________________ Name: Title: EXHIBIT B FORM OF ANNUAL CERTIFICATION Re: The Sale and Servicing Agreement, dated as of November 14April 30, 2023 2024 (the “Agreement”), among Toyota Auto Receivables 20232024-D B Owner Trust (the “Issuer”), Toyota Auto Finance Receivables LLC (“TAFR LLC” or the “Depositor”) and Toyota Motor Credit Corporation (the “Servicer”). I, ________________________________, the _______________________ [NAME OF COMPANY] (the “Company”), certify to the Issuer and the Depositor, and their officers, with the knowledge and intent that they will rely upon this certification, that:

Credit Risk Retention. On the Closing Date, Toyota Auto Finance Receivables LLC retained $ of the Class A-1 Notes, $ of the Class A-2a Notes, $ of the Class A-2b A-2 Notes, $ of the Class A-3 Notes, $ of the Class A-4 Notes, $ of the Class B Notes and 100% of the Certificate. .] Servicer’s 's Certificate for the Collection Period [x] through [x] for Payment Date of [x] Toyota Auto Receivables 20232020-D A Owner Trust Toyota Auto Finance Receivables, LLC SELLER Toyota Motor Credit Corporation SERVICER I hereby certify to the best of my knowledge that the report provided is true and correct. ____________________________________________________ Name: Title: EXHIBIT B FORM OF ANNUAL CERTIFICATION Re: The Sale and Servicing Agreement, dated as of November 14February 12, 2023 2020 (the “Agreement”), among Toyota Auto Receivables 20232020-D A Owner Trust (the “Issuer”), Toyota Auto Finance Receivables LLC (“TAFR LLC” or the “Depositor”) and Toyota Motor Credit Corporation (the “Servicer”). I, ________________________________, the _______________________ [NAME OF COMPANY] (the “Company”), certify to the Issuer and the Depositor, and their officers, with the knowledge and intent that they will rely upon this certification, that: