Common use of ACCOUNTS; PAYMENTS AND DISTRIBUTIONS; STATEMENTS TO SECURITYHOLDERS Clause in Contracts

ACCOUNTS; PAYMENTS AND DISTRIBUTIONS; STATEMENTS TO SECURITYHOLDERS. SECTION 5.01 Establishment of Collection Account. 38 SECTION 5.02 Collections 39 SECTION 5.03 Application of Collections 40 SECTION 5.04 [Reserved]. 40 SECTION 5.05 Additional Deposits 40 SECTION 5.06 Payments and Distributions. 41 SECTION 5.07 Reserve Account. 44 SECTION 5.08 Interest Rate Derivative Agreement Accounts 45 SECTION 5.09 Statements to Certificateholder, Noteholders, and Swap Counterparty. 45 SECTION 5.10 Net Deposits 47

Appears in 2 contracts

Samples: Sale and Servicing Agreement (Toyota Auto Finance Receivables LLC), Sale and Servicing Agreement (Toyota Auto Finance Receivables LLC)

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ACCOUNTS; PAYMENTS AND DISTRIBUTIONS; STATEMENTS TO SECURITYHOLDERS. SECTION 5.01 Establishment of Collection Account. 38 SECTION 5.02 Collections 39 40 SECTION 5.03 Application of Collections 40 SECTION 5.04 [Reserved]. 40 41 SECTION 5.05 Additional Deposits 40 41 SECTION 5.06 Payments and Distributions. 41 SECTION 5.07 Reserve Account. 44 SECTION 5.08 Interest Rate Derivative Agreement Accounts 45 SECTION 5.09 Statements to Certificateholder, Noteholders, and Swap Counterparty. 45 SECTION 5.10 Net Deposits 47

Appears in 1 contract

Samples: Sale and Servicing Agreement (Toyota Auto Finance Receivables LLC)

ACCOUNTS; PAYMENTS AND DISTRIBUTIONS; STATEMENTS TO SECURITYHOLDERS. SECTION 5.01 Establishment of Collection Account. 38 Account 37 SECTION 5.02 Collections 39 38 SECTION 5.03 Application of Collections 40 39 SECTION 5.04 [Reserved]. 40 ] 39 SECTION 5.05 Additional Deposits 40 39 SECTION 5.06 Payments and Distributions. 41 Distributions 39 SECTION 5.07 Reserve Account. 44 Account 42 SECTION 5.08 Interest Rate Derivative Agreement Accounts 45 [Reserved] 43 SECTION 5.09 Statements to Certificateholder, Noteholders, Certificateholder and Swap Counterparty. 45 Noteholders 43 SECTION 5.10 Net Deposits 4745

Appears in 1 contract

Samples: Sale and Servicing Agreement (Toyota Auto Receivables 2010-a Owner Trust)

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ACCOUNTS; PAYMENTS AND DISTRIBUTIONS; STATEMENTS TO SECURITYHOLDERS. SECTION 5.01 Establishment of Collection Account. 38 SECTION 5.02 Collections 39 40 <R>SECTION 5.03 Application of Collections 40 41</R> SECTION 5.04 [Reserved]. 40 41 SECTION 5.05 Additional Deposits 40 41 SECTION 5.06 Payments and Distributions. 41 SECTION 5.07 Reserve Account. 44 SECTION 5.08 Interest Rate Derivative Agreement Accounts 45 SECTION 5.09 Statements to Certificateholder, Noteholders, and Swap Counterparty. 45 SECTION 5.10 Net Deposits 47

Appears in 1 contract

Samples: Sale and Servicing Agreement (Toyota Auto Finance Receivables LLC)

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