No Repossession. No Financed Vehicle has been repossessed without reinstatement as of the Cutoff Date. Test 12-1: Repossession Inventory Observe TMCC’s receivables systems and confirm the Receivable was not held in repossession inventory as of the Cutoff Date.
Appears in 81 contracts
Sources: Asset Representations Review Agreement (Toyota Auto Receivables 2025-D Owner Trust), Asset Representations Review Agreement (Toyota Auto Receivables 2025-D Owner Trust), Asset Representations Review Agreement (Toyota Auto Receivables 2025-C Owner Trust)