Common use of No Adverse Selection Clause in Contracts

No Adverse Selection. No selection procedures adverse to the Securityholders shall have been utilized in selecting the Receivables from those new and used car, crossover utility vehicles, light-duty truck and sport utility vehicle receivables of TMCC that met the selection criteria set forth in this Agreement.

Appears in 55 contracts

Samples: Sale and Servicing Agreement (Toyota Auto Receivables 2024-D Owner Trust), Sale and Servicing Agreement (Toyota Auto Receivables 2024-D Owner Trust), Sale and Servicing Agreement (Toyota Auto Receivables 2024-C Owner Trust)

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No Adverse Selection. No selection procedures adverse to the Securityholders shall have been utilized in selecting the Receivables from those new and used passenger car, crossover utility vehiclesminivan, light-duty truck and sport utility vehicle receivables of TMCC that met the selection criteria set forth in this Agreement.

Appears in 47 contracts

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

No Adverse Selection. No selection procedures adverse to the Securityholders shall have been utilized in selecting the Receivables from those new and used car, crossover utility vehiclesminivan, light-duty truck and sport utility vehicle receivables of TMCC that met the selection criteria set forth in this Agreement.

Appears in 39 contracts

Samples: Sale and Servicing Agreement (Toyota Auto Receivables 2021-a Owner Trust), Receivables Purchase Agreement (Toyota Auto Receivables 2021-a Owner Trust), Receivables Purchase Agreement (Toyota Auto Receivables 2021-a Owner Trust)

No Adverse Selection. No selection procedures adverse to the Securityholders shall have been utilized in selecting the Receivables from those new and used passenger car, crossover utility vehiclesminivan, light-duty truck and sport utility vehicle receivables of TMCC that met the selection criteria set forth in this Agreement.. (x)

Appears in 2 contracts

Samples: Receivables Purchase Agreement, Receivables Purchase Agreement

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No Adverse Selection. No selection procedures adverse to the Securityholders shall have been utilized in selecting the Receivables from those new and used [car, crossover utility vehicles, light-duty truck and sport utility vehicle vehicle] receivables of TMCC that met the selection criteria set forth in this Agreement.

Appears in 2 contracts

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

No Adverse Selection. No selection procedures adverse to the Securityholders shall have been utilized in selecting the Receivables from those new and used car, crossover utility vehiclesminivan, light-duty truck and sport utility vehicle receivables of TMCC that met the selection criteria set forth in this Agreement.. (x)

Appears in 1 contract

Samples: Receivables Purchase Agreement

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