CARMAX AUTO FUNDING LLC, as Depositor, and U.S. BANK TRUST NATIONAL ASSOCIATION, as Owner Trustee AMENDED AND RESTATED TRUST AGREEMENT Dated as of July 1, 2023Trust Agreement • July 19th, 2023 • CarMax Auto Owner Trust 2023-3 • Asset-backed securities • Delaware
AMENDED AND RESTATED TRUST AGREEMENT, dated as of July 1, 2023 (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 2023-3, as Issuer, CARMAX BUSINESS SERVICES, LLC, as Administrator, and WILMINGTON TRUST, NATIONAL ASSOCIATION, as Indenture Trustee ADMINISTRATION AGREEMENT Dated as of July 1, 2023Administration Agreement • July 19th, 2023 • CarMax Auto Owner Trust 2023-3 • Asset-backed securities • New York
CARMAX AUTO OWNER TRUST 2023-3, as Issuer, CARMAX AUTO FUNDING LLC, as Depositor, and CARMAX BUSINESS SERVICES, LLC, as Servicer SALE AND SERVICING AGREEMENT Dated as of July 1, 2023Sale and Servicing Agreement • July 19th, 2023 • CarMax Auto Owner Trust 2023-3 • Asset-backed securities • New York
SALE AND SERVICING AGREEMENT, dated as of July 1, 2023 (as amended, supplemented or otherwise modified and in effect from time to time, this “Agreement”), among CARMAX AUTO OWNER TRUST 2023-3, a Delaware statutory trust (the “Trust” or the “Issuer”), 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”).
CARMAX BUSINESS SERVICES, LLC, as Seller, and CARMAX AUTO FUNDING LLC, as Purchaser RECEIVABLES PURCHASE AGREEMENT Dated as of July 1, 2023Receivables Purchase Agreement • July 19th, 2023 • CarMax Auto Owner Trust 2023-3 • Asset-backed securities • New York
This Receivables Purchase Agreement, dated as of July 1, 2023, 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”).
ASSET REPRESENTATIONS REVIEW AGREEMENT CARMAX AUTO OWNER TRUST 2023-3, as Issuer, and CARMAX BUSINESS SERVICES, LLC, as Servicer, and CLAYTON FIXED INCOME SERVICES LLC, as Asset Representations Reviewer Dated as of July 1, 2023Asset Representations Review Agreement • July 19th, 2023 • CarMax Auto Owner Trust 2023-3 • Asset-backed securities • New York
This ASSET REPRESENTATIONS REVIEW AGREEMENT (this “Agreement”), entered into as of July 1, 2023, by and among CARMAX AUTO OWNER TRUST 2023-3, 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 2023-3, as Issuer, and WILMINGTON TRUST, NATIONAL ASSOCIATION, as Indenture Trustee INDENTURE Dated as of July 1, 2023 $305,000,000 5.631% Class A-1 Asset-backed Notes $350,900,000 5.72% Class A-2a Asset-backed Notes...Indenture • July 19th, 2023 • CarMax Auto Owner Trust 2023-3 • Asset-backed securities • New York
INDENTURE, dated as of July 1, 2023 (as amended, supplemented or otherwise modified and in effect from time to time, this “Indenture”), between CARMAX AUTO OWNER TRUST 2023-3, a Delaware statutory trust (the “Issuer”), and WILMINGTON TRUST, NATIONAL ASSOCIATION, a national banking association, not in its individual capacity but solely as indenture trustee (in such capacity, the “Indenture Trustee”).
