CARMAX AUTO FUNDING LLC, as Depositor, BNY MELLON TRUST OF DELAWARE, as Delaware Trustee and THE BANK OF NEW YORK MELLON, as Owner Trustee AMENDED AND RESTATED TRUST AGREEMENT Dated as of March 1, 2011Trust Agreement • March 18th, 2011 • CarMax Auto Owner Trust 2011-1 • Asset-backed securities • Delaware
AMENDED AND RESTATED TRUST AGREEMENT, dated as of March 1, 2011 (as amended, supplemented or otherwise modified and in effect from time to time, this “Agreement”), among CARMAX AUTO FUNDING LLC, a Delaware limited liability company, as depositor (the “Depositor”), BNY MELLON TRUST OF DELAWARE, a Delaware banking corporation, as Delaware trustee and not in its individual capacity (in such capacity, the “Delaware Trustee”), and THE BANK OF NEW YORK MELLON, a New York banking corporation, as owner trustee and not in its individual capacity (in such capacity, the “Owner Trustee”).
CARMAX AUTO OWNER TRUST 2011-1, as Issuer, CARMAX BUSINESS SERVICES, LLC, as Administrator, and WELLS FARGO BANK, NATIONAL ASSOCIATION, as Indenture Trustee ADMINISTRATION AGREEMENT Dated as of March 1, 2011Administration Agreement • March 18th, 2011 • CarMax Auto Owner Trust 2011-1 • Asset-backed securities • New York
ADMINISTRATION AGREEMENT, dated as of March 1, 2011 (as amended, supplemented or otherwise modified and in effect from time to time, this “Agreement”), by and among CARMAX AUTO OWNER TRUST 2011-1, a Delaware statutory trust (the “Issuer”), CARMAX BUSINESS SERVICES, LLC, a Delaware limited liability company, as administrator (in such capacity, the “Administrator”), and WELLS FARGO BANK, NATIONAL ASSOCIATION, a national banking association, not in its individual capacity but solely as indenture trustee (in such capacity, the “Indenture Trustee”).
CARMAX AUTO OWNER TRUST 2011-1, as Issuer, CARMAX AUTO FUNDING LLC, as Depositor, CARMAX BUSINESS SERVICES, LLC, as Servicer and WELLS FARGO BANK, NATIONAL ASSOCIATION, as Backup Servicer SALE AND SERVICING AGREEMENT Dated as of March 1, 2011Sale and Servicing Agreement • March 18th, 2011 • CarMax Auto Owner Trust 2011-1 • Asset-backed securities • New York
SALE AND SERVICING AGREEMENT, dated as of March 1, 2011 (as amended, supplemented or otherwise modified and in effect from time to time, this “Agreement”), among CARMAX AUTO OWNER TRUST 2011-1, a Delaware statutory trust (the “Trust”), CARMAX AUTO FUNDING LLC, a Delaware limited liability company (the “Depositor”), CARMAX BUSINESS SERVICES, LLC, a Delaware limited liability company (“CarMax”), as servicer (in such capacity, the “Servicer”), and WELLS FARGO BANK, NATIONAL ASSOCIATION, a national banking association, as backup servicer (in such capacity, the “Backup Servicer”).
CARMAX BUSINESS SERVICES, LLC, as Seller, and CARMAX AUTO FUNDING LLC, as Purchaser RECEIVABLES PURCHASE AGREEMENT Dated as of March 1, 2011Receivables Purchase Agreement • March 18th, 2011 • CarMax Auto Owner Trust 2011-1 • Asset-backed securities • New York
This Receivables Purchase Agreement, dated as of March 1, 2011, is between CarMax Business Services, LLC, a Delaware limited liability company (“CarMax”), as seller (the “Seller”), and CarMax Auto Funding LLC, a Delaware limited liability company (“CarMax Funding”), as purchaser (the “Purchaser”).
CARMAX AUTO OWNER TRUST 2011-1 $128,000,000 0.33394% Class A-1 Asset Backed Notes $147,000,000 0.72% Class A-2 Asset Backed Notes $225,000,000 1.29% Class A-3 Asset Backed Notes $110,050,000 2.16% Class A-4 Asset Backed Notes $15,900,000 2.63% Class B...Underwriting Agreement • March 10th, 2011 • CarMax Auto Owner Trust 2011-1 • Asset-backed securities • New York
