SALE AND SERVICING AGREEMENT among HSBC AUTOMOTIVE TRUST (USA) 2006-3, as Issuer, HSBC AUTO RECEIVABLES CORPORATION, as Seller, HSBC FINANCE CORPORATION, as Servicer THE BANK OF NEW YORK TRUST COMPANY, N.A., as Indenture Trustee and HSBC BANK USA,...Sale and Servicing Agreement • November 8th, 2006 • HSBC Automotive Trust (USA) 2006-3 • Asset-backed securities • New York
SALE AND SERVICING AGREEMENT dated as of November 1, 2006, among HSBC AUTOMOTIVE TRUST (USA) 2006-3, a Delaware statutory trust (the “Issuer” or the “Trust”), HSBC AUTO RECEIVABLES CORPORATION, a Nevada corporation (the “Seller”), HSBC FINANCE CORPORATION, a Delaware corporation (the “Servicer”), THE BANK OF NEW YORK TRUST COMPANY, N.A., a national banking association, in its capacity as Indenture Trustee, and HSBC BANK USA, NATIONAL ASSOCIATION, a national banking association, in its capacity as Administrator.
HSBC FINANCE CORPORATION, as Servicer, HSBC AUTOMOTIVE TRUST (USA) 2006-3, as Issuer, HSBC AUTO RECEIVABLES CORPORATION, as Seller, THE BANK OF NEW YORK TRUST COMPANY, N.A., as Indenture Trustee, U.S. BANK TRUST NATIONAL ASSOCIATION, as Owner Trustee,...Series Supplement • November 8th, 2006 • HSBC Automotive Trust (USA) 2006-3 • Asset-backed securities • New York
DEPOSIT ACCOUNT CONTROL AGREEMENTDeposit 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.
AMENDED AND RESTATED TRUST AGREEMENT between HSBC AUTO RECEIVABLES CORPORATION, and U.S. BANK TRUST NATIONAL ASSOCIATION Owner Trustee Dated as of November 1, 2006Trust Agreement • November 8th, 2006 • HSBC Automotive Trust (USA) 2006-3 • Asset-backed securities • Delaware
THIS AMENDED AND RESTATED TRUST AGREEMENT, dated as of November 1, 2006, between HSBC AUTO RECEIVABLES CORPORATION, a Nevada corporation (the “Depositor”), and U.S. BANK TRUST NATIONAL ASSOCIATION, a national banking association, as Owner Trustee (the “Owner Trustee”), amends and restates in its entirety that certain Trust Agreement, dated as of October 11, 2006, between the Depositor and the Owner Trustee.
