Common Contracts

2 similar Deposit Account Control Agreement contracts by HSBC Auto Receivables Corp, HSBC Automotive Trust (USA) 2006-3

DEPOSIT ACCOUNT CONTROL AGREEMENT
Deposit Account Control Agreement • November 8th, 2006 • HSBC Automotive Trust (USA) 2006-3 • Asset-backed securities • New York

This Deposit Account Control Agreement (this “Agreement”) dated as of November 1, 2006, is made by and among HSBC Automotive Trust (USA) 2006-3, as issuer (the “Issuer”), The Bank of New York Trust Company, N.A., not in its individual capacity but solely as indenture trustee (the “Indenture Trustee”) under the Indenture referred to below, and HSBC Bank USA, National Association, as administrator and as bank (“HSBC” and, in its capacity as Administrator, the “Administrator”, and in its capacity as bank, the “Bank”). Capitalized terms used but not defined herein shall have the meaning assigned (including by reference therein) in the Indenture dated as of November 1, 2006 (the “Indenture”) among the Issuer, HSBC, as administrator, and the Indenture Trustee. All references herein to the “UCC” shall mean the Uniform Commercial Code as in effect in the State of New York.

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DEPOSIT ACCOUNT CONTROL AGREEMENT
Deposit Account Control Agreement • July 31st, 2006 • HSBC Auto Receivables Corp • Asset-backed securities • New York

This Deposit Account Control Agreement (this “Agreement”) dated as of July 26, 2006, is made by and among HSBC Automotive Trust (USA) 2006-2, as issuer (the “Issuer”), The Bank of New York, as indenture trustee (the “Indenture Trustee”) under the Indenture referred to below, and HSBC Bank USA, National Association, as administrator and as bank (“HSBC” and, in its capacity as Administrator, the “Administrator”, and in its capacity as bank, the “Bank”). Capitalized terms used but not defined herein shall have the meaning assigned (including by reference therein) in the Indenture dated as of July 26, 2006 (the “Indenture”) among the Issuer, HSBC, as administrator, and the Indenture Trustee. All references herein to the “UCC” shall mean the Uniform Commercial Code as in effect in the State of New York.

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