Common Contracts
2 similar Letter of Credit Reimbursement Agreement contracts by Santander Drive Auto Receivables Trust 2007-1, Santander Drive Auto Receivables Trust 2007-2
LETTER OF CREDIT REIMBURSEMENT AGREEMENTLetter of Credit Reimbursement Agreement • September 11th, 2007 • Santander Drive Auto Receivables Trust 2007-2 • Asset-backed securities • New York
THIS LETTER OF CREDIT REIMBURSEMENT AGREEMENT, dated as of September 5, 2007 (this “Reimbursement Agreement”), is entered into among SANTANDER DRIVE AUTO RECEIVABLES TRUST 2007-2, a Delaware statutory trust (the “Issuer”), WELLS FARGO BANK, NATIONAL ASSOCIATION (“Wells Fargo”), as indenture trustee (in such capacity, the “Indenture Trustee”), 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 BANCO SANTANDER, S.A., ACTING THROUGH ITS NEW YORK BRANCH,(“Banco Santander”), as letter of credit issuer (in such capacity, the “Letter of Credit Issuer”).
LETTER OF CREDIT REIMBURSEMENT AGREEMENTLetter of Credit Reimbursement Agreement • April 9th, 2007 • Santander Drive Auto Receivables Trust 2007-1 • Asset-backed securities • New York
THIS LETTER OF CREDIT REIMBURSEMENT AGREEMENT, dated as of April 4, 2007 (this “Reimbursement Agreement”), is entered into among SANTANDER DRIVE AUTO RECEIVABLES TRUST 2007-1, a Delaware statutory trust (the “Issuer”), WELLS FARGO BANK, NATIONAL ASSOCIATION (“Wells Fargo”), as indenture trustee (in such capacity, the “Indenture Trustee”), 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 WACHOVIA BANK, NATIONAL ASSOCIATION, a national banking association (“Wachovia Bank”), as letter of credit issuer (in such capacity, the “Letter of Credit Issuer”).
