SALE AND SERVICING AGREEMENT by and among DRIVE AUTO RECEIVABLES TRUST 2021-3, as Issuer SANTANDER DRIVE AUTO RECEIVABLES LLC, as Seller SANTANDER CONSUMER USA INC., as Servicer and WILMINGTON TRUST, NATIONAL ASSOCIATION, as Indenture Trustee Dated as...Sale and Servicing Agreement • November 17th, 2021 • Drive Auto Receivables Trust 2021-3 • Asset-backed securities • New York
SALE AND SERVICING AGREEMENT, dated as of November 17, 2021 (as amended, supplemented or otherwise modified and in effect from time to time, this “Agreement”), by and among DRIVE AUTO RECEIVABLES TRUST 2021-3, 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 WILMINGTON TRUST, NATIONAL ASSOCIATION, a national banking association, as indenture trustee (the “Indenture Trustee”).
ADMINISTRATION AGREEMENT between DRIVE AUTO RECEIVABLES TRUST 2021-3, as Issuer, SANTANDER CONSUMER USA INC., as Administrator and WILMINGTON TRUST, NATIONAL ASSOCIATION, as Indenture Trustee Dated as of November 17, 2021Administration Agreement • November 17th, 2021 • Drive Auto Receivables Trust 2021-3 • 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 November 17, 2021, is between DRIVE AUTO RECEIVABLES TRUST 2021-3, a Delaware statutory trust (the “Issuer”), SANTANDER CONSUMER USA INC., an Illinois corporation, as administrator (“Santander Consumer” or the “Administrator”), and WILMINGTON TRUST, 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 November 17, 2021 (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.
DRIVE AUTO RECEIVABLES TRUST 2021-3 AMENDED AND RESTATED TRUST AGREEMENT between SANTANDER DRIVE AUTO RECEIVABLES LLC, as the Seller and WELLS FARGO DELAWARE TRUST COMPANY, N.A., as the Owner Trustee Dated as of November 17, 2021Trust Agreement • November 17th, 2021 • Drive Auto Receivables Trust 2021-3 • Asset-backed securities • Delaware
This AMENDED AND RESTATED TRUST AGREEMENT is made as of November 17, 2021 (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 WELLS FARGO DELAWARE TRUST COMPANY, N.A., a national banking association (“Wells Fargo”), as the owner trustee (in such capacity and not in its individual capacity, the “Owner Trustee”).
PURCHASE AGREEMENT dated as of November 17, 2021 between SANTANDER CONSUMER USA INC., as Seller and SANTANDER DRIVE AUTO RECEIVABLES LLC, as PurchaserPurchase Agreement • November 17th, 2021 • Drive Auto Receivables Trust 2021-3 • Asset-backed securities • New York
THIS PURCHASE AGREEMENT is made and entered into as of November 17, 2021 (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 DRIVE AUTO RECEIVABLES TRUST 2021-3, as Issuer and SANTANDER CONSUMER USA INC., as Sponsor and Servicer and CLAYTON FIXED INCOME SERVICES LLC, as Asset Representations Reviewer Dated as of November 17, 2021Asset Representations Review Agreement • November 17th, 2021 • Drive Auto Receivables Trust 2021-3 • Asset-backed securities • New York
This ASSET REPRESENTATIONS REVIEW AGREEMENT is made and entered into as of November 17, 2021 (this “Agreement”), by and between Drive Auto Receivables Trust 2021-3, 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”).
DRIVE AUTO RECEIVABLES TRUST 2021-3 SANTANDER DRIVE AUTO RECEIVABLES LLC Depositor SANTANDER CONSUMER USA INC. Sponsor and Servicer $391,700,000 0.52% Class A-2 Asset Backed Notes $161,670,000 0.79% Class A-3 Asset Backed Notes $152,470,000 1.11%...Underwriting Agreement • November 12th, 2021 • Drive Auto Receivables Trust 2021-3 • Asset-backed securities • New York
