No Government Obligors. None of the Receivables is due from the United States or any state or local government, or from any agency, department or instrumentality of the United States or any state or local government. Test 7-1: Personal Use Review the Obligor section on the Contract and confirm the Obligor name(s) is that of a natural person. Test 7-2: No Government Obligor If the Obligor section on the Contract does not report a natural person’s name or an obvious non-governmental business, confirm internet search results show no indication of the Obligor(s) to be a government agency, department, political subdivision or instrumentality.
Appears in 68 contracts
Samples: Asset Representations Review Agreement (Toyota Auto Receivables 2024-B Owner Trust), Asset Representations Review Agreement (Toyota Auto Receivables 2024-B Owner Trust), Asset Representations Review Agreement (Toyota Auto Receivables 2024-a Owner Trust)
