Delivery of Opinion of Counsel. On the Closing Date, the Seller will obtain and deliver to the Purchaser an Opinion of Counsel to the effect that all of the Receivables originated in the State of California are enforceable under California law and applicable federal laws, subject to customary exceptions.
Appears in 4 contracts
Samples: Receivables Purchase Agreement (Toyota Motor Credit Receivables Corp), Receivables Purchase Agreement (Toyota Motor Credit Receivables Corp), Receivables Purchase Agreement (Toyota Motor Credit Corp)