JOHN DEERE OWNER TRUST 2024-B, as Issuer, JOHN DEERE CAPITAL CORPORATION, as Administrator, and U.S. BANK TRUST COMPANY, NATIONAL ASSOCIATION, as Indenture Trustee ADMINISTRATION AGREEMENT Dated as of June 18, 2024
Exhibit 99.3
JOHN DEERE OWNER TRUST 2024-B,
as Issuer,
XXXX DEERE CAPITAL CORPORATION,
as Administrator,
and
U.S. BANK TRUST COMPANY, NATIONAL ASSOCIATION,
as Indenture Trustee
ADMINISTRATION AGREEMENT
Dated as of June 18, 2024
ADMINISTRATION AGREEMENT, dated as of June 18, 2024, among JOHN DEERE OWNER TRUST 2024-B, a Delaware statutory trust (the “Issuing Entity”), XXXX DEERE CAPITAL CORPORATION, a Delaware corporation, as administrator (the “Administrator”), and U.S. Bank Trust Company, National Association, a national banking association, not in its individual capacity but solely as indenture trustee (the “Indenture Trustee”).
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The Administrator agrees that if any of the events specified in clause (ii) or (iii) of this Section shall occur, it shall give written notice thereof to the Issuing Entity and the Indenture Trustee within seven days after the happening of such event.
John Deere Owner Trust 2024-B
c/o Computershare Delaware Trust Company
000 Xxxxx Xxxxxx Xxxxxx, Xxxxx 0000
Wilmington, Delaware 19801
Attention: Corporate Trust Services
Xxxx Deere Capital Corporation
P.O. Box 5328
Madison, Wisconsin 53705-0328
Attention: Manager
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and in each case, with a copy to
Deere & Company
Xxx Xxxx Xxxxx Xxxxx
Xxxxxx, XX 00000
Attention: Treasury Department, Assistant Treasurer
U.S. Bank Trust Company, National Association
000 Xxxxx XxXxxxx Xxxxxx, 0xx Floor
Mail Code MK-IL-SL7R
Chicago, IL 60603
Attention: JDOT 2024-B
or to such other address as any party shall have provided to the other parties in writing. Any notice required to be in writing hereunder shall be deemed given if such notice is mailed by certified mail, postage prepaid, sent by facsimile or hand-delivered to the address of such party as provided above, except that notices to the Issuing Entity, the Owner Trustee or the Indenture Trustee are effective only upon receipt.
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Prior to the execution of any amendment to this Agreement, the Owner Trustee shall be entitled to receive and rely upon an Opinion of Counsel stating that the execution of such amendment is authorized or permitted by this Agreement and that all conditions precedent to the execution of such amendment have been satisfied. The Owner Trustee may, but shall not be obligated to, enter into any such amendment which affects the Owner Trustee’s own rights, duties or immunities under this Agreement or otherwise.
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By: Computershare DELAWARE TRUST COMPANY, not in its individual capacity but solely as Owner Trustee
By: /s/ Xxxxx X. XxXxxx
Name: Xxxxx X. XxXxxx
Title: Vice President
U.S. BANK TRUST COMPANY, NATIONAL ASSOCIATION, not in its individual capacity but solely as Indenture Trustee
By: /s/ Xxxx X. Xxxxxxxxx
Name: Xxxx X. Xxxxxxxxx
Title: Vice President
XXXX XXXXX CAPITAL CORPORATION, as Administrator
By: /s/ Xxxxx X. Xxxx
Name: Xxxxx X. Xxxx
Title: Assistant Secretary and Assistant Treasurer