SALE AND SERVICING AGREEMENT by and among SANTANDER DRIVE AUTO RECEIVABLES TRUST 2023-2, as Issuer SANTANDER DRIVE AUTO RECEIVABLES LLC, as Seller SANTANDER CONSUMER USA INC., as Servicer and WILMINGTON TRUST, NATIONAL ASSOCIATION, as Indenture...Sale and Servicing Agreement • May 11th, 2023 • Santander Drive Auto Receivables Trust 2023-2 • Asset-backed securities
THIS SALE AND SERVICING AGREEMENT, dated as of May 17, 2023 (as amended, restated, supplemented or otherwise modified and in effect from time to time, this “Agreement”), is by and among SANTANDER DRIVE AUTO RECEIVABLES TRUST 2023-2, 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 WILMINGTON TRUST, NATIONAL ASSOCIATION, a national banking association, as indenture trustee (the “Indenture Trustee”).
ADMINISTRATION AGREEMENT between SANTANDER DRIVE AUTO RECEIVABLES TRUST 2023-2, as Issuer, SANTANDER CONSUMER USA INC., as Administrator and WILMINGTON TRUST, NATIONAL ASSOCIATION, as Indenture Trustee Dated as of May 17, 2023Administration Agreement • May 11th, 2023 • Santander Drive Auto Receivables Trust 2023-2 • Asset-backed securities
THIS ADMINISTRATION AGREEMENT (as amended, restated, supplemented or otherwise modified and in effect from time to time, this “Agreement”) dated as of May 17, 2023, is between SANTANDER DRIVE AUTO RECEIVABLES TRUST 2023-2, a Delaware statutory trust (the “Issuer”), SANTANDER CONSUMER USA INC., an Illinois corporation, as administrator (“Santander Consumer” or the “Administrator”), and WILMINGTON TRUST, 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 the date hereof (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.
SANTANDER DRIVE AUTO RECEIVABLES TRUST 2023-2 SECOND AMENDED AND RESTATED TRUST AGREEMENT between SANTANDER DRIVE AUTO RECEIVABLES LLC, as the Depositor CITIBANK, N.A., as the Owner Trustee and CITICORP TRUST DELAWARE, NATIONAL ASSOCIATION, as the...Trust Agreement • May 11th, 2023 • Santander Drive Auto Receivables Trust 2023-2 • Asset-backed securities • Delaware
This SECOND AMENDED AND RESTATED TRUST AGREEMENT is made as of May 17, 2023 (as amended, restated, 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 Depositor (the “Depositor”), CITIBANK, N.A., a national banking association, as the owner trustee (“Citibank” and in such capacity the “Owner Trustee”), and CITICORP TRUST DELAWARE, NATIONAL ASSOCIATION, a national banking association, as the Delaware trustee (“Citicorp” and in such capacity, the “Delaware Trustee” and together with the Owner Trustee, the “Trustees” and each a “Trustee”).
PURCHASE AGREEMENT dated as of May 17, 2023 between SANTANDER CONSUMER USA INC., as Seller and SANTANDER DRIVE AUTO RECEIVABLES LLC, as PurchaserPurchase Agreement • May 11th, 2023 • Santander Drive Auto Receivables Trust 2023-2 • Asset-backed securities • New York
THIS PURCHASE AGREEMENT is made and entered into as of May 17, 2023 (as amended, restated, 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 2023-2 SANTANDER DRIVE AUTO RECEIVABLES LLC Depositor SANTANDER CONSUMER USA INC. Sponsor and Servicer $415,000,000 5.87% Class A-2 Asset Backed Notes $214,490,000 5.21% Class A-3 Asset Backed Notes $156,970,000...Santander Drive Auto Receivables Trust 2023-2 • May 11th, 2023 • Asset-backed securities • New York
