Survival and Notice of Breach. The representations and warranties set forth in this Section 2.02 shall survive the sale of the Receivables by the Seller to the Purchaser pursuant to this Agreement and the sale of the Receivables by the Purchaser to the Issuer pursuant to the Sale and Servicing Agreement and the pledge thereof to the Indenture Trustee pursuant to the Indenture. Upon discovery by the Seller or the Purchaser of a breach of any of the foregoing representations and warranties, the party discovering such breach shall give prompt written notice to the other party.
Appears in 88 contracts
Samples: Receivables Purchase Agreement (Toyota Auto Receivables 2024-B Owner Trust), Form of Receivables Purchase Agreement (Toyota Auto Receivables 2024-B Owner Trust), Receivables Purchase Agreement (Toyota Auto Receivables 2024-a Owner Trust)
