CARMAX AUTO FUNDING LLC, as Depositor, and U.S. BANK TRUST NATIONAL ASSOCIATION, as Owner Trustee AMENDED AND RESTATED TRUST AGREEMENT Dated as of February 1, 2016Trust Agreement • January 28th, 2016 • CarMax Auto Owner Trust 2016-1 • Asset-backed securities • Delaware
AMENDED AND RESTATED TRUST AGREEMENT, dated as of February 1, 2016 (as amended, supplemented or otherwise modified and in effect from time to time, this “Agreement”), between CARMAX AUTO FUNDING LLC, a Delaware limited liability company, as depositor (the “Depositor”), and U.S. BANK TRUST NATIONAL ASSOCIATION, a national banking association, as owner trustee and not in its individual capacity (in such capacity, the “Owner Trustee”).
CARMAX AUTO OWNER TRUST 2016-1, as Issuer, CARMAX BUSINESS SERVICES, LLC, as Administrator, and WELLS FARGO BANK, NATIONAL ASSOCIATION, as Indenture Trustee ADMINISTRATION AGREEMENT Dated as of February 1, 2016Administration Agreement • January 28th, 2016 • CarMax Auto Owner Trust 2016-1 • Asset-backed securities • New York
ADMINISTRATION AGREEMENT, dated as of February 1, 2016 (as amended, supplemented or otherwise modified and in effect from time to time, this “Agreement”), by and among CARMAX AUTO OWNER TRUST 2016-1, a Delaware statutory trust (the “Issuer”), CARMAX BUSINESS SERVICES, LLC, a Delaware limited liability company, as administrator (in such capacity, the “Administrator”), and WELLS FARGO BANK, NATIONAL ASSOCIATION, a national banking association, not in its individual capacity but solely as indenture trustee (in such capacity, the “Indenture Trustee”).
CARMAX BUSINESS SERVICES, LLC, as Seller, and CARMAX AUTO FUNDING LLC, as Purchaser RECEIVABLES PURCHASE AGREEMENT Dated as of February 1, 2016Receivables Purchase Agreement • January 28th, 2016 • CarMax Auto Owner Trust 2016-1 • Asset-backed securities • New York
This Receivables Purchase Agreement, dated as of February 1, 2016, is between CarMax Business Services, LLC, a Delaware limited liability company (“CarMax”), as seller (the “Seller”), and CarMax Auto Funding LLC, a Delaware limited liability company (“CarMax Funding”), as purchaser (the “Purchaser”).
CARMAX AUTO OWNER TRUST 2016-1, as Issuer, and WELLS FARGO BANK, NATIONAL ASSOCIATION, as Indenture Trustee INDENTURE Dated as of February 1, 2016 $213,000,000 0.67000% Class A-1 Asset-backed Notes $201,000,000 1.30% Class A-2a Asset-backed Notes...Indenture • January 28th, 2016 • CarMax Auto Owner Trust 2016-1 • Asset-backed securities • New York
INDENTURE, dated as of February 1, 2016 (as amended, supplemented or otherwise modified and in effect from time to time, this “Indenture”), between CARMAX AUTO OWNER TRUST 2016-1, a Delaware statutory trust (the “Issuer”), and WELLS FARGO BANK, NATIONAL ASSOCIATION, a national banking association, not in its individual capacity but solely as indenture trustee (in such capacity, the “Indenture Trustee”).
ASSET REPRESENTATIONS REVIEW AGREEMENT CARMAX AUTO OWNER TRUST 2016-1, as Issuer, and CARMAX BUSINESS SERVICES, LLC, as Servicer, and CLAYTON FIXED INCOME SERVICES LLC, as Asset Representations Reviewer Dated as of February 1, 2016Asset Representations Review Agreement • January 28th, 2016 • CarMax Auto Owner Trust 2016-1 • Asset-backed securities • New York
This ASSET REPRESENTATIONS REVIEW AGREEMENT (this “Agreement”), entered into as of the 1st day of February, 2016, by and among CARMAX AUTO OWNER TRUST 2016-1, a Delaware statutory trust (the “Issuer”), CARMAX BUSINESS SERVICES, LLC, a Delaware limited liability company (the “Servicer”), and CLAYTON FIXED INCOME SERVICES LLC, a Delaware limited liability company (the “Asset Representations Reviewer”).
CARMAX AUTO OWNER TRUST 2016-1, as Issuer, CARMAX AUTO FUNDING LLC, as Depositor, and CARMAX BUSINESS SERVICES, LLC, as Servicer SALE AND SERVICING AGREEMENT Dated as of February 1, 2016Sale and Servicing Agreement • January 28th, 2016 • CarMax Auto Owner Trust 2016-1 • Asset-backed securities • New York
SALE AND SERVICING AGREEMENT, dated as of February 1, 2016 (as amended, supplemented or otherwise modified and in effect from time to time, this “Agreement”), among CARMAX AUTO OWNER TRUST 2016-1, a Delaware statutory trust (the “Trust”), CARMAX AUTO FUNDING LLC, a Delaware limited liability company (the “Depositor”), and CARMAX BUSINESS SERVICES, LLC, a Delaware limited liability company (“CarMax”), as servicer (in such capacity, the “Servicer”).
