ADMINISTRATION AGREEMENT AMONG ALLY AUTO RECEIVABLES TRUST 2024-1, ISSUING ENTITY, ALLY BANK, ADMINISTRATOR AND INDENTURE TRUSTEE DATED AS OF MARCH 13, 2024Administration Agreement • March 7th, 2024 • Ally Auto Receivables Trust 2024-1 • Asset-backed securities • New York
ADMINISTRATION AGREEMENT, dated as of March 13, 2024, is among ALLY AUTO RECEIVABLES TRUST 2024-1, a Delaware statutory trust, as issuer (the “Issuing Entity”), ALLY BANK, a Utah chartered bank, as administrator (“Ally Bank” or the “Administrator”), and U.S. BANK TRUST COMPANY, NATIONAL ASSOCIATION, a national banking association, not in its individual capacity but solely as indenture trustee (the “Indenture Trustee”).
ALLY AUTO RECEIVABLES TRUST 2024-1 $265,960,000 Asset Backed Notes, Class A-1 $340,000,000 Asset Backed Notes, Class A-2 $390,000,000 Asset Backed Notes, Class A-3 $63,200,000 Asset Backed Notes, Class A-4 $23,560,000 Asset Backed Notes, Class B...Underwriting Agreement • March 7th, 2024 • Ally Auto Receivables Trust 2024-1 • Asset-backed securities • New York
of Class A-4 Notes, $22,380,000 aggregate principal balance of Class B Notes, $18,650,000 aggregate principal balance of Class C Notes and $13,860,000 aggregate principal balance of Class D Notes (collectively, the “Offered Notes”). The Notes will be issued pursuant to an indenture, to be dated as of the Closing Date (as defined below) (as amended and supplemented from time to time, the “Indenture”), between the Trust and U.S. Bank Trust Company, National Association, as indenture trustee (the “Indenture Trustee”).
SERVICING AGREEMENT AMONG ALLY BANK ALLY AUTO ASSETS LLC AND ALLY AUTO RECEIVABLES TRUST 2024-1 DATED AS OF MARCH 13, 2024Servicing Agreement • March 7th, 2024 • Ally Auto Receivables Trust 2024-1 • Asset-backed securities • New York
THIS SERVICING AGREEMENT, dated as of March 13, 2024, is among ALLY BANK, a Utah chartered bank (“Ally Bank” which, in its capacity as servicer under this Agreement, is referred to as the “Servicer”), ALLY AUTO ASSETS LLC, a Delaware limited liability company (the “Depositor”), and ALLY AUTO RECEIVABLES TRUST 2024-1, a Delaware statutory trust (the “Issuing Entity”).
POOLING AGREEMENT BETWEEN ALLY AUTO ASSETS LLC AND ALLY BANK DATED AS OF MARCH 13, 2024Pooling Agreement • March 7th, 2024 • Ally Auto Receivables Trust 2024-1 • Asset-backed securities • New York
THIS POOLING AGREEMENT, dated as of March 13, 2024, is between ALLY AUTO ASSETS LLC, a Delaware limited liability company (“Ally Auto”), and ALLY BANK, a Utah chartered bank (the “Seller”).
TRUST SALE AGREEMENT BETWEEN ALLY AUTO ASSETS LLC DEPOSITOR AND ALLY AUTO RECEIVABLES TRUST 2024-1 ISSUING ENTITY DATED AS OF MARCH 13, 2024Trust Sale Agreement • March 7th, 2024 • Ally Auto Receivables Trust 2024-1 • Asset-backed securities • New York
THIS TRUST SALE AGREEMENT is made as of March 13, 2024 between ALLY AUTO ASSETS LLC, a Delaware limited liability company (the “Depositor”), and ALLY AUTO RECEIVABLES TRUST 2024-1, a Delaware statutory trust (the “Issuing Entity”).
TRUST AGREEMENT BETWEEN ALLY AUTO ASSETS LLC, DEPOSITOR AND BNY MELLON TRUST OF DELAWARE, OWNER TRUSTEE and PAYING AGENT DATED AS OF MARCH 13, 2024Trust Agreement • March 7th, 2024 • Ally Auto Receivables Trust 2024-1 • Asset-backed securities • Delaware
TRUST AGREEMENT, dated as of March 13, 2024, is between ALLY AUTO ASSETS LLC, a Delaware limited liability company, in its capacity as a depositor (the “Depositor”), and BNY MELLON TRUST OF DELAWARE, a Delaware banking corporation, as trustee and not in its individual capacity (the “Owner Trustee”), and as paying agent.
ASSET REPRESENTATIONS REVIEW AGREEMENTAsset Representations Review Agreement • March 7th, 2024 • Ally Auto Receivables Trust 2024-1 • Asset-backed securities • New York
ASSET REPRESENTATIONS REVIEW AGREEMENT, dated as of March 13, 2024 (this “Agreement”), by and among CLAYTON FIXED INCOME SERVICES LLC, a Delaware limited liability company (the “Asset Representations Reviewer”), ALLY BANK, a Utah chartered bank (in its capacity as sponsor, the “Sponsor”) and ALLY AUTO RECEIVABLES TRUST 2024-1, a Delaware statutory trust (the “Trust”).
SECURITIES ACCOUNT CONTROL AGREEMENT among ALLY AUTO RECEIVABLES TRUST 2024-1, as Issuing Entity, U.S. BANK TRUST COMPANY, NATIONAL ASSOCIATION, in its capacity as Indenture Trustee and U.S. BANK NATIONAL ASSOCIATION, as Securities Intermediary Dated...Securities Account Control Agreement • March 7th, 2024 • Ally Auto Receivables Trust 2024-1 • Asset-backed securities • New York
SECURITIES ACCOUNT CONTROL AGREEMENT (this “Agreement”), dated as of March 13, 2024, among ALLY AUTO RECEIVABLES TRUST 2024-1, as the Issuing Entity (the “Issuing Entity”), U.S. BANK NATIONAL ASSOCIATION, as Securities Intermediary (the “Securities Intermediary”) and U.S. BANK TRUST COMPANY, NATIONAL ASSOCIATION, in its capacity as Indenture Trustee (the “Secured Party”).
CUSTODIAN AGREEMENT BETWEEN ALLY BANK, CUSTODIAN AND ALLY AUTO ASSETS LLC, DEPOSITOR DATED AS OF MARCH 13, 2024Custodian Agreement • March 7th, 2024 • Ally Auto Receivables Trust 2024-1 • Asset-backed securities • New York
This CUSTODIAN AGREEMENT, dated as of March 13, 2024, is made between ALLY BANK, a Utah chartered bank, as custodian (“Ally Bank” or the “Custodian”), and ALLY AUTO ASSETS LLC, a Delaware limited liability company, as depositor (the “Depositor”).
