SALE AND SERVICING AGREEMENT by and between SANTANDER DRIVE AUTO RECEIVABLES TRUST 2024-5, as Issuer SANTANDER DRIVE AUTO RECEIVABLES LLC, as Seller SANTANDER CONSUMER USA INC., as Servicer and CITIBANK, N.A., as Indenture Trustee Dated as of October...Sale and Servicing Agreement • October 18th, 2024 • Santander Drive Auto Receivables Trust 2024-5 • Asset-backed securities • New York
THIS SALE AND SERVICING AGREEMENT, dated as of October 29, 2024 (as amended, restated, supplemented or otherwise modified and in effect from time to time, this “Agreement”), is by and between SANTANDER DRIVE AUTO RECEIVABLES TRUST 2024-5, 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 CITIBANK, N.A., a national banking association, as indenture trustee (the “Indenture Trustee”).
ADMINISTRATION AGREEMENT between SANTANDER DRIVE AUTO RECEIVABLES TRUST 2024-5, as Issuer, SANTANDER CONSUMER USA INC., as Administrator and CITIBANK, N.A., as Indenture Trustee Dated as of October 29, 2024Administration Agreement • October 18th, 2024 • Santander Drive Auto Receivables Trust 2024-5 • Asset-backed securities
THIS ADMINISTRATION AGREEMENT (as amended, restated, supplemented or otherwise modified and in effect from time to time, this “Agreement”) dated as of October 29, 2024, is between SANTANDER DRIVE AUTO RECEIVABLES TRUST 2024-5, a Delaware statutory trust (the “Issuer”), SANTANDER CONSUMER USA INC., an Illinois corporation, as administrator (“Santander Consumer” or the “Administrator”), and CITIBANK, N.A., 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 the date hereof (the “Sale and Servicing Agreement”) by and between Santander Drive Auto Receivables LLC, as seller, the Issuer, Santander Consumer, as servicer, and the Indenture Trustee.
SANTANDER DRIVE AUTO RECEIVABLES TRUST 2024-5 AMENDED AND RESTATED TRUST AGREEMENT between SANTANDER DRIVE AUTO RECEIVABLES LLC, as the Depositor and WILMINGTON TRUST, NATIONAL ASSOCIATION, as the Owner Trustee Dated as of October 29, 2024Trust Agreement • October 18th, 2024 • Santander Drive Auto Receivables Trust 2024-5 • Asset-backed securities • Delaware
This AMENDED AND RESTATED TRUST AGREEMENT is made as of October 29, 2024 (as amended, restated, 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 Depositor (the “Depositor”), 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 October 29, 2024 between SANTANDER CONSUMER USA INC., as Seller and SANTANDER DRIVE AUTO RECEIVABLES LLC, as PurchaserPurchase Agreement • October 18th, 2024 • Santander Drive Auto Receivables Trust 2024-5 • Asset-backed securities
THIS PURCHASE AGREEMENT is made and entered into as of October 29, 2024 (as amended, restated, 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”).
