ADMINISTRATION AGREEMENTAdministration Agreement • April 9th, 2007 • Santander Drive Auto Receivables Trust 2007-1 • Asset-backed securities • New York
Contract Type FiledApril 9th, 2007 Company Industry JurisdictionTHIS ADMINISTRATION AGREEMENT (this “Agreement”) dated as of April 4, 2007, is between SANTANDER DRIVE AUTO RECEIVABLES TRUST 2007-1, a Delaware statutory trust (the “Issuer”), U.S. BANK TRUST NATIONAL ASSOCIATION, a national banking association, not in its individual capacity, but solely as Owner Trustee of the Issuer (the “Owner Trustee”), SANTANDER CONSUMER USA INC., an Illinois corporation, as administrator (“Santander Consumer” or the “Administrator”), and Wells Fargo Bank, National Association, a national banking association organized under the laws of the United States, 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 April 4, 2007 (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, as indenture
ADMINISTRATION AGREEMENT between DRIVE AUTO RECEIVABLES TRUST 20[ ]-[ ], as Issuer, DRIVE CONSUMER USA INC., as Administrator and as Indenture Trustee Dated as of [ ], 20[ ]Administration Agreement • December 22nd, 2006 • Drive Auto Receivables LLC • New York
Contract Type FiledDecember 22nd, 2006 Company JurisdictionTHIS ADMINISTRATION AGREEMENT (this “Agreement”) dated as of [___], 20[ ], is between DRIVE AUTO RECEIVABLES TRUST 20[ ]-[ ], a Delaware statutory trust (the “Issuer”), DRIVE CONSUMER USA INC., a Delaware limited partnership, as administrator (“DRIVE CONSUMER” or the “Administrator”), and [___], a [ ] organized under the laws of the United States, 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 [___], 20[ ] (the “Sale and Servicing Agreement”) by and between Drive Auto Receivables LLC, as seller, the Issuer, the Administrator, as servicer, and the Indenture Trustee.