BANCO SANTANDER CENTRAL HISPANO, S. A., London Branch as Bank, as amended pursuant to an amendment agreement dated 16 July 2004.
BANCO SANTANDER CENTRAL HISPANO, S. A., LONDON BRANCH
BANCO SANTANDER CENTRAL HISPANO, S. A. SANTANDER DRIVE AUTO RECEIVABLES TRUST 2007-1
BANCO SANTANDER CENTRAL HISPANO, S. A. By: ------------------------------------------- Name: Title: By: ------------------------------------------- Name: Title: COMERICA BANK By: ------------------------------------------- Name: Title: FIRST UNION NATIONAL BANK By: ------------------------------------------- Name: Title: NATIONAL WESTMINSTER BANK PLC By: ------------------------------------------- Name: Title: STATE STREET BANK AND TRUST COMPANY By: ------------------------------------------- Name: Title: AMENDMENT NO. 2 TO LETTER OF CREDIT AND REIMBURSEMENT AGREEMENT 11
BANCO SANTANDER CENTRAL HISPANO, S. A., LONDON BRANCH, as collateral agent under the Syndicated Facility Agreement (as defined below) (the “Collateral Agent”);
BANCO SANTANDER CENTRAL HISPANO, S. A.of Edificio Exxxxxx-Xxxxxx xxxx, Xxxxxxxx xxx Xxxxx, 00000, Xxxxxx, Xxxxx;
BANCO SANTANDER CENTRAL HISPANO, S. A. or any of their respective Representatives), procure that such party adheres to the terms and conditions of this Agreement as if it were a party thereto, while the disclosing Party shall be jointly and severally liable with such third party for any breach of such third party of this Agreement; and
BANCO SANTANDER CENTRAL HISPANO, S. A. or any of their respective Representatives, the relevant member of the Consortium will be liable for any breach by such party or its Representatives of the terms of its confidentiality agreement with ABN AMRO referred to in Clause 1.3 sub (c).
BANCO SANTANDER CENTRAL HISPANO, S. A. is duly represented by Xx. Xxxxxxx Xxxxxxxx Surribas. Compania de Cartera e Inversiones S.A. is duly represented by Mr. Pastor Xxxxxxxx Lago. Deya S.A. is duly represented by Xx. Xxxxxxx Xxxxx Xxxxx.
BANCO SANTANDER CENTRAL HISPANO, S. A., New York Branch shall not be responsible for the payment of any premium or other amounts payable hereunder. The Insurer shall notify Banco Santander Central Hispano, S.A., New York Branch in writing at least thirty (30) days in advance of any reduction, cancellation or termination of this policy due to lack of payment and at least ten (10) days before any payment deadline in the event of lack of payment of the corresponding premium. With respect to Section 2 - Civil Liability hereunder, it is noted that the insurance is primary, without right to contribution of any other insurance or auto-insurance of the contractor of this policy or Banco Santander Central Hispano, S.A., New York Branch as Offshore Collateral Agent and/or Offshore Depositary Bank and all Secured Parties. All payments of claims of losses hereunder in favor of the loss payee shall be made pursuant to the provisions of this endorsement and shall only be addressed and made to the loss payee under this policy, until the time Banco Santander Central Hispano, S.A., New York Branch notifies the Insurer in writing that all amounts payable to the loss payee for or in connection with the insured (including all financial documents and agreements) have been satisfied and irrevocably paid in full. Upon the Insurer having received such notice, it shall receive instructions in writing from the insured in order to address all payments of claims of losses to, and in name of, CFE.
