0000950123-11-045617 Sample Contracts

SALE AND SERVICING AGREEMENT by and among SANTANDER DRIVE AUTO RECEIVABLES TRUST 2011-1, as Issuer SANTANDER DRIVE AUTO RECEIVABLES LLC, as Seller SANTANDER CONSUMER USA INC., as Servicer and DEUTSCHE BANK TRUST COMPANY AMERICAS, as Indenture Trustee...
Sale and Servicing Agreement • May 5th, 2011 • Santander Drive Auto Receivables Trust 2011-1 • Asset-backed securities • New York

SALE AND SERVICING AGREEMENT, dated as of May 4, 2011 (as amended, supplemented or otherwise modified and in effect from time to time, this “Agreement”), by and among SANTANDER DRIVE AUTO RECEIVABLES TRUST 2011-1, a Delaware statutory trust (the “Issuer”), 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 DEUTSCHE BANK TRUST COMPANY AMERICAS, a New York banking corporation, as indenture trustee (the “Indenture Trustee”).

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SANTANDER DRIVE AUTO RECEIVABLES TRUST 2011-1 AMENDED AND RESTATED TRUST AGREEMENT between SANTANDER DRIVE AUTO RECEIVABLES LLC, as the Seller and WELLS FARGO DELAWARE TRUST COMPANY, N.A., as the Owner Trustee Dated as of May 4, 2011
Trust Agreement • May 5th, 2011 • Santander Drive Auto Receivables Trust 2011-1 • Asset-backed securities • Delaware

This AMENDED AND RESTATED TRUST AGREEMENT is made as of May 4, 2011 (as amended, supplemented or otherwise modified and in effect from time to time, this “Agreement”) between SANTANDER DRIVE AUTO RECEIVABLES LLC, a Delaware limited liability company, as the depositor (the “Seller”), and WELLS FARGO DELAWARE TRUST COMPANY, N.A., a national banking association, as the owner trustee (“Wells Fargo” and in such capacity the “Owner Trustee”).

ADMINISTRATION AGREEMENT between SANTANDER DRIVE AUTO RECEIVABLES TRUST 2011-1, as Issuer, SANTANDER CONSUMER USA INC., as Administrator and DEUTSCHE BANK TRUST COMPANY AMERICAS, as Indenture Trustee Dated as of May 4, 2011
Administration Agreement • May 5th, 2011 • Santander Drive Auto Receivables Trust 2011-1 • Asset-backed securities • New York

THIS ADMINISTRATION AGREEMENT (as amended, supplemented or otherwise modified and in effect from time to time, this “Agreement”) dated as of May 4, 2011, is between SANTANDER DRIVE AUTO RECEIVABLES TRUST 2011-1, a Delaware statutory trust (the “Issuer”), SANTANDER CONSUMER USA INC., an Illinois corporation, as administrator (“Santander Consumer” or 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 May 4, 2011 (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.

PURCHASE AGREEMENT dated as of May 4, 2011 between SANTANDER CONSUMER USA INC., as Seller and SANTANDER DRIVE AUTO RECEIVABLES LLC, as Purchaser
Purchase Agreement • May 5th, 2011 • Santander Drive Auto Receivables Trust 2011-1 • Asset-backed securities • New York

THIS PURCHASE AGREEMENT is made and entered into as of May 4, 2011 (as amended, supplemented or otherwise modified and in effect from time to time, this “Agreement”) by SANTANDER CONSUMER USA INC., an Illinois corporation (“Santander Consumer”), and SANTANDER DRIVE AUTO RECEIVABLES LLC, a Delaware limited liability company (the “Purchaser”).

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