Santander Drive Auto Receivables Trust 2020-2 Sample Contracts

SALE AND SERVICING AGREEMENT by and among SANTANDER DRIVE AUTO RECEIVABLES TRUST 2020-2, as Issuer SANTANDER DRIVE AUTO RECEIVABLES LLC, as Seller SANTANDER CONSUMER USA INC., as Servicer and WELLS FARGO BANK, NATIONAL ASSOCIATION, as Indenture...
Sale and Servicing Agreement • July 23rd, 2020 • Santander Drive Auto Receivables Trust 2020-2 • Asset-backed securities • New York

SALE AND SERVICING AGREEMENT, dated as of July 22, 2020 (as amended, supplemented or otherwise modified and in effect from time to time, this “Agreement”), by and among SANTANDER DRIVE AUTO RECEIVABLES TRUST 2020-2, a Delaware statutory trust (the “Issuer”), SANTANDER DRIVE AUTO RECEIVABLES LLC, a Delaware limited liability company, as seller (the “Seller”), SANTANDER CONSUMER USA INC., an Illinois corporation (“Santander Consumer”), as servicer (in such capacity, the “Servicer”), and WELLS FARGO BANK, NATIONAL ASSOCIATION, a national banking association, as indenture trustee (the “Indenture Trustee”).

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ADMINISTRATION AGREEMENT between SANTANDER DRIVE AUTO RECEIVABLES TRUST 2020-2, as Issuer, SANTANDER CONSUMER USA INC., as Administrator and WELLS FARGO BANK, NATIONAL ASSOCIATION, as Indenture Trustee Dated as of July 22, 2020
Administration Agreement • July 23rd, 2020 • Santander Drive Auto Receivables Trust 2020-2 • Asset-backed securities • New York

THIS ADMINISTRATION AGREEMENT (as amended, supplemented or otherwise modified and in effect from time to time, this “Agreement”) dated as of July 22, 2020, is between SANTANDER DRIVE AUTO RECEIVABLES TRUST 2020-2, a Delaware statutory trust (the “Issuer”), SANTANDER CONSUMER USA INC., an Illinois corporation, as administrator (“Santander Consumer” or the “Administrator”), and WELLS FARGO BANK, NATIONAL ASSOCIATION, a national banking association, as indenture trustee (the “Indenture Trustee”). Capitalized terms used herein and not otherwise defined herein shall have the meanings assigned such terms in Appendix A to the Sale and Servicing Agreement dated as of July 22, 2020 (the “Sale and Servicing Agreement”) by and between Santander Drive Auto Receivables LLC, as seller, the Issuer, the Administrator, as servicer, and the Indenture Trustee.

SANTANDER DRIVE AUTO RECEIVABLES TRUST 2020-2 AMENDED AND RESTATED TRUST AGREEMENT between SANTANDER DRIVE AUTO RECEIVABLES LLC, as the Seller and WILMINGTON TRUST, NATIONAL ASSOCIATION, as the Owner Trustee Dated as of July 22, 2020
Trust Agreement • July 23rd, 2020 • Santander Drive Auto Receivables Trust 2020-2 • Asset-backed securities • Delaware

This AMENDED AND RESTATED TRUST AGREEMENT is made as of July 22, 2020 (as amended, supplemented or otherwise modified and in effect from time to time, this “Agreement” or this “Trust Agreement”) between SANTANDER DRIVE AUTO RECEIVABLES LLC, a Delaware limited liability company, as the Seller (the “Seller”), and WILMINGTON TRUST, NATIONAL ASSOCIATION, a national banking association, as the owner trustee (“Wilmington Trust” and in such capacity the “Owner Trustee”).

PURCHASE AGREEMENT dated as of July 22, 2020 between SANTANDER CONSUMER USA INC., as Seller and SANTANDER DRIVE AUTO RECEIVABLES LLC, as Purchaser
Purchase Agreement • July 23rd, 2020 • Santander Drive Auto Receivables Trust 2020-2 • Asset-backed securities • New York

THIS PURCHASE AGREEMENT is made and entered into as of July 22, 2020 (as amended, supplemented or otherwise modified and in effect from time to time, this “Agreement”) by SANTANDER CONSUMER USA INC., an Illinois corporation (“Santander Consumer”), and SANTANDER DRIVE AUTO RECEIVABLES LLC, a Delaware limited liability company (the “Purchaser”).

ASSET REPRESENTATIONS REVIEW AGREEMENT SANTANDER DRIVE AUTO RECEIVABLES TRUST 2020-2,
Asset Representations Review Agreement • July 23rd, 2020 • Santander Drive Auto Receivables Trust 2020-2 • Asset-backed securities • New York

This ASSET REPRESENTATIONS REVIEW AGREEMENT is made and entered into as of July 22, 2020 (this “Agreement”), by and between Santander Drive Auto Receivables Trust 2020-2, a Delaware statutory trust (the “Issuer”), Santander Consumer USA Inc., an Illinois corporation (“SC”, and in its capacity as sponsor, the “Sponsor”, and in its capacity as servicer, the “Servicer”), and Clayton Fixed Income Services LLC, a Delaware limited liability company (“Clayton”, and in its capacity as asset representations reviewer, the “Asset Representations Reviewer”).

FIRST AMENDMENT TO SALE AND SERVICING AGREEMENT
Sale and Servicing Agreement • August 18th, 2021 • Santander Drive Auto Receivables Trust 2020-2 • Asset-backed securities

This First Amendment to Sale and Servicing Agreement, dated as of August 16, 2021 (this “Amendment”), is by and among Santander Drive Auto Receivables LLC, as seller (the “Seller”), and Santander Consumer USA Inc. (“SC”), as servicer (in such capacity, the “Servicer”).

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