0000950137-03-003702 Sample Contracts

SALE AND SERVICING AGREEMENT by and among VOLKSWAGEN AUTO LOAN ENHANCED TRUST 2003-1, as Issuer VOLKSWAGEN PUBLIC AUTO LOAN SECURITIZATION, LLC, as Seller VW CREDIT, INC., as Servicer and THE BANK OF NEW YORK, as Indenture Trustee Dated as of June 27,...
Sale and Servicing Agreement • July 3rd, 2003 • Volkswagen Auto Loan Enhanced Trust 2003-1 • Asset-backed securities • New York

SALE AND SERVICING AGREEMENT, dated as of June 27, 2003 (as from time to time amended, supplemented or otherwise modified and in effect, this “Agreement”), by and among VOLKSWAGEN AUTO LOAN ENHANCED TRUST 2003-1 (the “Issuer”), a Delaware statutory trust, VOLKSWAGEN PUBLIC AUTO LOAN SECURITIZATION, LLC, a Delaware limited liability company, as seller (the “Seller”), VW CREDIT, INC., a Delaware corporation (“VCI”), as servicer (in such capacity, the “Servicer”), and THE BANK OF NEW YORK, a New York banking corporation, as indenture trustee (the “Indenture Trustee”).

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VOLKSWAGEN AUTO LOAN ENHANCED TRUST 2003-1 AMENDED AND RESTATED TRUST AGREEMENT between VOLKSWAGEN PUBLIC AUTO LOAN SECURITIZATION, LLC, as the Depositor and DEUTSCHE BANK TRUST COMPANY DELAWARE, as the Owner Trustee Dated as of June 27, 2003
Trust Agreement • July 3rd, 2003 • Volkswagen Auto Loan Enhanced Trust 2003-1 • Asset-backed securities • Delaware

This AMENDED AND RESTATED TRUST AGREEMENT is made as of June 27, 2003 (as from time to time amended, supplemented or otherwise modified and in effect, this “Agreement”) between VOLKSWAGEN PUBLIC AUTO LOAN SECURITIZATION, LLC, a Delaware limited liability company, as the Depositor (the “Seller”), and DEUTSCHE BANK TRUST COMPANY DELAWARE, a Delaware banking corporation (“Deutsche Bank”), as the owner trustee (in such capacity, the “Owner Trustee”).

PURCHASE AGREEMENT dated as of June 27, 2003 between VW CREDIT, INC. and VOLKSWAGEN PUBLIC AUTO LOAN SECURITIZATION, LLC
Purchase Agreement • July 3rd, 2003 • Volkswagen Auto Loan Enhanced Trust 2003-1 • Asset-backed securities • New York

THIS PURCHASE AGREEMENT is made and entered into as of June 27, 2003 (as amended from time to time, this “Agreement”) by VW CREDIT, INC., a Delaware corporation (“VCI”), and VOLKSWAGEN PUBLIC AUTO LOAN SECURITIZATION, LLC, a Delaware limited liability company (the “Purchaser”).

ADMINISTRATION AGREEMENT among VOLKSWAGEN AUTO LOAN ENHANCED TRUST 2003-1, as Issuer VW CREDIT, INC., as Administrator and THE BANK OF NEW YORK, as Indenture Trustee Dated as of June 27, 2003
Administration Agreement • July 3rd, 2003 • Volkswagen Auto Loan Enhanced Trust 2003-1 • Asset-backed securities • New York

THIS ADMINISTRATION AGREEMENT (this “Agreement”) dated as of June 27, 2003, is between VOLKSWAGEN AUTO LOAN ENHANCED TRUST 2003-1, a Delaware statutory trust (the “Issuer”), VW CREDIT, INC., a Delaware corporation, as administrator (“VCI” or in its capacity as administrator, the “Administrator”), and THE BANK OF NEW YORK, 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 June 27, 2003 (the “Sale and Servicing Agreement”) by and among Volkswagen Public Auto Loan Securitization, LLC, as seller, the Issuer, VCI, as servicer, and the Indenture Trustee.

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