SALE AND SERVICING AGREEMENT by and among SANTANDER DRIVE AUTO RECEIVABLES TRUST 2012-3, as Issuer SANTANDER DRIVE AUTO RECEIVABLES LLC, as Seller SANTANDER CONSUMER USA INC., as Servicer and as Indenture Trustee Dated as of May 16, 2012Sale and Servicing Agreement • May 9th, 2012 • Santander Drive Auto Receivables Trust 2012-3 • Asset-backed securities • New York
SALE AND SERVICING AGREEMENT, dated as of May 16, 2012 (as amended, supplemented or otherwise modified and in effect from time to time, this “Agreement”), by and among SANTANDER DRIVE AUTO RECEIVABLES TRUST 2012-3, 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 U.S. BANK NATIONAL ASSOCIATION, a national banking association, as indenture trustee (the “Indenture Trustee”).
ADMINISTRATION AGREEMENT between SANTANDER DRIVE AUTO RECEIVABLES TRUST 2012-3, as Issuer, SANTANDER CONSUMER USA INC., as Administrator and as Indenture Trustee Dated as of May 16, 2012Administration Agreement • May 9th, 2012 • Santander Drive Auto Receivables Trust 2012-3 • 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 16, 2012, is between SANTANDER DRIVE AUTO RECEIVABLES TRUST 2012-3, a Delaware statutory trust (the “Issuer”), SANTANDER CONSUMER USA INC., an Illinois corporation, as administrator (“Santander Consumer” or the “Administrator”), and U.S. BANK NATIONAL ASSOCIATION, a national banking association, 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 16, 2012 (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 16, 2012 between SANTANDER CONSUMER USA INC., as Seller and SANTANDER DRIVE AUTO RECEIVABLES LLC, as PurchaserPurchase Agreement • May 9th, 2012 • Santander Drive Auto Receivables Trust 2012-3 • Asset-backed securities • New York
THIS PURCHASE AGREEMENT is made and entered into as of May 16, 2012 (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”).
SANTANDER DRIVE AUTO RECEIVABLES TRUST 2012-3 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 16, 2012Trust Agreement • May 9th, 2012 • Santander Drive Auto Receivables Trust 2012-3 • Asset-backed securities • Delaware
This AMENDED AND RESTATED TRUST AGREEMENT is made as of May 16, 2012 (as amended, supplemented or otherwise modified and in effect from time to time, this “Agreement” or this “Trust Agreement”) between SANTANDER DRIVE AUTO RECEIVABLES LLC, a Delaware limited liability company, as the Seller (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”).
