ADMINISTRATION AGREEMENT among VOLKSWAGEN AUTO LOAN ENHANCED TRUST 2020-1, as Issuer VW CREDIT, INC., as Administrator and DEUTSCHE BANK TRUST COMPANY AMERICAS, as Indenture Trustee Dated as of May 19, 2020Administration Agreement • May 19th, 2020 • Volkswagen Auto Lease/Loan Underwritten Funding, LLC • Asset-backed securities • New York
Contract Type FiledMay 19th, 2020 Company Industry JurisdictionTHIS ADMINISTRATION AGREEMENT (this “Agreement”) dated as of May 19, 2020, is between VOLKSWAGEN AUTO LOAN ENHANCED TRUST 2020-1, a Delaware statutory trust (the “Issuer”), VW CREDIT, INC., a Delaware corporation, as administrator (“VCI” or in its capacity as administrator, the “Administrator”), and Deutsche Bank Trust Company Americas, a New York banking corporation, 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 among Volkswagen Auto Lease/Loan Underwritten Funding, LLC, as seller, the Issuer, VCI, as servicer, and the Indenture Trustee.
ADMINISTRATION AGREEMENT among VOLKSWAGEN AUTO LOAN ENHANCED TRUST 2020-1, as Issuer VW CREDIT, INC., as Administrator and DEUTSCHE BANK TRUST COMPANY AMERICAS, as Indenture Trustee Dated as of May 19, 2020Administration Agreement • May 14th, 2020 • Volkswagen Auto Lease/Loan Underwritten Funding, LLC • Asset-backed securities • New York
Contract Type FiledMay 14th, 2020 Company Industry JurisdictionTHIS ADMINISTRATION AGREEMENT (this “Agreement”) dated as of May 19, 2020, is between VOLKSWAGEN AUTO LOAN ENHANCED TRUST 2020-1, a Delaware statutory trust (the “Issuer”), VW CREDIT, INC., a Delaware corporation, as administrator (“VCI” or in its capacity as administrator, the “Administrator”), and Deutsche Bank Trust Company Americas, a New York banking corporation, 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 among Volkswagen Auto Lease/Loan Underwritten Funding, LLC, as seller, the Issuer, VCI, as servicer, and the Indenture Trustee.