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 37 SECTION 5.02 Collections 39 SECTION 5.03 Application of Collections 39 SECTION 5.04 [Reserved] 39 SECTION 5.05 Additional Deposits 39 SECTION 5.06 Payments and Distributions 40 SECTION 5.07 Reserve Account 43 SECTION 5.08 [Reserved] 44 SECTION 5.09 Statements to Certificateholder and Noteholders 44 SECTION 5.10 Net Deposits 46 ARTICLE VI THE SELLER SECTION 6.01 Representations of Seller 46 SECTION 6.02 Company Existence 47 SECTION 6.03 Liability of Seller; Indemnities 48

Appears in 3 contracts

Samples: Sale and Servicing Agreement (Toyota Auto Receivables 2012-B Owner Trust), Sale and Servicing Agreement (Toyota Auto Receivables 2012-a Owner Trust), Sale and Servicing Agreement (Toyota Auto Receivables 2012-a Owner Trust)

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ACCOUNTS; PAYMENTS AND DISTRIBUTIONS; STATEMENTS TO SECURITYHOLDERS. SECTION 5.01 Establishment of Collection Account 37 SECTION 5.02 Collections 39 38 SECTION 5.03 Application of Collections 39 SECTION 5.04 [Reserved] 39 SECTION 5.05 Additional Deposits 39 SECTION 5.06 Payments and Distributions 40 39 SECTION 5.07 Reserve Account 43 42 SECTION 5.08 [Reserved] 44 43 SECTION 5.09 Statements to Certificateholder and Noteholders 44 43 SECTION 5.10 Net Deposits 46 45 ARTICLE VI THE SELLER SECTION 6.01 Representations of Seller 46 45 SECTION 6.02 Company Existence 47 46 SECTION 6.03 Liability of Seller; Indemnities 4847

Appears in 1 contract

Samples: Sale and Servicing Agreement (Toyota Auto Receivables 2011-B Owner Trust)

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