Common Contracts

3 similar Limited Guaranty contracts by Santander Drive Auto Receivables Trust 2007-1, Santander Drive Auto Receivables Trust 2007-2, Santander Drive Auto Receivables Trust 2007-3

SANTANDER 2007-3 LIMITED GUARANTY
Limited Guaranty • October 24th, 2007 • Santander Drive Auto Receivables Trust 2007-3 • Asset-backed securities • New York

This Limited Guaranty (this “Guaranty”) is entered into as of October 18, 2007, by Banco Santander, S.A. (the “Guarantor”), in favor of Santander Drive Auto Receivables Trust 2007-3 (the “Issuer”), Wells Fargo Bank, National Association, as Indenture Trustee under the Indenture referred to below (in such capacity, the “Indenture Trustee”), U.S. Bank Trust National Association, as Owner Trustee under the Trust Agreement (the “Owner Trustee”) and Financial Guaranty Insurance Company (the “Note Insurer”).

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LIMITED GUARANTY
Limited Guaranty • October 18th, 2007 • Santander Drive Auto Receivables Trust 2007-1 • Asset-backed securities • New York

This Limited Guaranty (this “Guaranty”) is entered into as of October 15, 2007, by Banco Santander, S.A. (the “Guarantor”), in favor of Santander Drive Auto Receivables Trust 2007-1 (the “Issuer”), Wells Fargo Bank, National Association, as Indenture Trustee under the Indenture referred to below (in such capacity, the “Indenture Trustee”), U.S. Bank Trust National Association, as Owner Trustee under the Trust Agreement (the “Owner Trustee”) and Financial Guaranty Insurance Company (the “Note Insurer”).

LIMITED GUARANTY
Limited Guaranty • September 11th, 2007 • Santander Drive Auto Receivables Trust 2007-2 • Asset-backed securities • New York

This Limited Guaranty (this “Guaranty”) is entered into as of September 5, 2007, by Banco Santander, S.A. (the “Guarantor”), in favor of Santander Drive Auto Receivables Trust 2007-2 (the “Issuer”), Wells Fargo Bank, National Association, as Indenture Trustee under the Indenture referred to below (in such capacity, the “Indenture Trustee”), U.S. Bank Trust National Association, as Owner Trustee under the Trust Agreement (the “Owner Trustee”) and MBIA Insurance Corporation (the “Note Insurer”).

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