CarMax Select Receivables Trust 2026-B Sample Contracts
CARMAX SELECT RECEIVABLES TRUST 2026-B, as Issuer, CARMAX SELECT RECEIVABLES GRANTOR TRUST 2026-B, as Grantor Trust, CARMAX AUTO FUNDING LLC, as Depositor, and CARMAX BUSINESS SERVICES, LLC, as Servicer SALE AND SERVICING AGREEMENT Dated as of June 1,...Sale and Servicing Agreement • June 11th, 2026 • CarMax Select Receivables Trust 2026-B • Asset-backed securities • New York
SALE AND SERVICING AGREEMENT, dated as of June 1, 2026 (as amended, supplemented or otherwise modified and in effect from time to time, this “Agreement”), among CARMAX SELECT RECEIVABLES TRUST 2026-B, a Delaware statutory trust (the “Trust” or the “Issuer”), CARMAX SELECT RECEIVABLES GRANTOR TRUST 2026-B, a Delaware statutory trust (the “Grantor 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”).
CARMAX BUSINESS SERVICES, LLC, as Seller, and CARMAX AUTO FUNDING LLC, as Purchaser RECEIVABLES PURCHASE AGREEMENT Dated as of June 1, 2026Receivables Purchase Agreement • June 16th, 2026 • CarMax Select Receivables Trust 2026-B • Asset-backed securities • New York
This Receivables Purchase Agreement, dated as of June 1, 2026, 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 SELECT RECEIVABLES TRUST 2026-B, as Grantor Trust Seller, and WILMINGTON TRUST, NATIONAL ASSOCIATION as Grantor Trust Trustee AMENDED AND RESTATED GRANTOR TRUST AGREEMENT Dated as of June 1, 2026Grantor Trust Agreement • June 11th, 2026 • CarMax Select Receivables Trust 2026-B • Asset-backed securities • Delaware
AMENDED AND RESTATED GRANTOR TRUST AGREEMENT, dated as of June 1, 2026 (as amended, supplemented or otherwise modified and in effect from time to time, this “Agreement” or this “Grantor Trust Agreement”), between CARMAX SELECT RECEIVABLES TRUST 2026-B, a Delaware statutory trust, as the Grantor Trust Seller (the “Grantor Trust Seller”), and WILMINGTON TRUST, NATIONAL ASSOCIATION, a national banking association, as grantor trust trustee and not in its individual capacity (in such capacity, the “Grantor Trust Trustee”).
CARMAX SELECT RECEIVABLES TRUST 2026-B, as Issuer, CARMAX SELECT RECEIVABLES GRANTOR TRUST 2026-B, as Grantor Trust, CARMAX AUTO FUNDING LLC, as Depositor, and CARMAX BUSINESS SERVICES, LLC, as Servicer SALE AND SERVICING AGREEMENT Dated as of June 1,...Sale and Servicing Agreement • June 16th, 2026 • CarMax Select Receivables Trust 2026-B • Asset-backed securities • New York
SALE AND SERVICING AGREEMENT, dated as of June 1, 2026 (as amended, supplemented or otherwise modified and in effect from time to time, this “Agreement”), among CARMAX SELECT RECEIVABLES TRUST 2026-B, a Delaware statutory trust (the “Trust” or the “Issuer”), CARMAX SELECT RECEIVABLES GRANTOR TRUST 2026-B, a Delaware statutory trust (the “Grantor 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”).
CARMAX BUSINESS SERVICES, LLC, as Seller, and CARMAX AUTO FUNDING LLC, as Purchaser RECEIVABLES PURCHASE AGREEMENT Dated as of June 1, 2026Receivables Purchase Agreement • June 11th, 2026 • CarMax Select Receivables Trust 2026-B • Asset-backed securities • New York
This Receivables Purchase Agreement, dated as of June 1, 2026, 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 SELECT RECEIVABLES TRUST 2026-B, as Grantor Trust Seller, and WILMINGTON TRUST, NATIONAL ASSOCIATION as Grantor Trust Trustee AMENDED AND RESTATED GRANTOR TRUST AGREEMENT Dated as of June 1, 2026Grantor Trust Agreement • June 16th, 2026 • CarMax Select Receivables Trust 2026-B • Asset-backed securities • Delaware
AMENDED AND RESTATED GRANTOR TRUST AGREEMENT, dated as of June 1, 2026 (as amended, supplemented or otherwise modified and in effect from time to time, this “Agreement” or this “Grantor Trust Agreement”), between CARMAX SELECT RECEIVABLES TRUST 2026-B, a Delaware statutory trust, as the Grantor Trust Seller (the “Grantor Trust Seller”), and WILMINGTON TRUST, NATIONAL ASSOCIATION, a national banking association, as grantor trust trustee and not in its individual capacity (in such capacity, the “Grantor Trust Trustee”).
SECURITIES ACCOUNT CONTROL AGREEMENT among CARMAX SELECT RECEIVABLES TRUST 2026-B, as Issuer, CARMAX BUSINESS SERVICES, LLC, as Servicer, U.S. BANK TRUST COMPANY, NATIONAL ASSOCIATION, in its capacity as Indenture Trustee and as Secured Party AND U.S....Securities Account Control Agreement • June 16th, 2026 • CarMax Select Receivables Trust 2026-B • Asset-backed securities • New York
THIS SECURITIES ACCOUNT CONTROL AGREEMENT (this “Agreement”), dated as of June 1, 2026, among CARMAX SELECT RECEIVABLES TRUST 2026-B, as Issuer (the “Issuer”), CARMAX BUSINESS SERVICES, LLC, as Servicer (the “Servicer”), 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”).
CARMAX SELECT RECEIVABLES TRUST 2026-B, AS ISSUER, AND CARMAX SELECT RECEIVABLES GRANTOR TRUST 2026-B, AS GRANTOR TRUST RECEIVABLES CONTRIBUTION AGREEMENT DATED AS OF JUNE 1, 2026Receivables Contribution Agreement • June 11th, 2026 • CarMax Select Receivables Trust 2026-B • Asset-backed securities • New York
This Receivables Contribution Agreement, dated as of June 1, 2026, is between CarMax Select Receivables Trust 2026-B, a Delaware statutory trust (the “Issuer”), and CarMax Select Receivables Grantor Trust 2026-B, a Delaware statutory trust (the “Grantor Trust”).
CARMAX SELECT RECEIVABLES TRUST 2026-B, as Issuer, CARMAX SELECT RECEIVABLES GRANTOR TRUST 2026-B, as Grantor Trust, CARMAX BUSINESS SERVICES, LLC, as Administrator, and as Indenture Trustee ADMINISTRATION AGREEMENT Dated as of June 1, 2026Administration Agreement • June 11th, 2026 • CarMax Select Receivables Trust 2026-B • Asset-backed securities • New York
ADMINISTRATION AGREEMENT, dated as of June 1, 2026 (as amended, supplemented or otherwise modified and in effect from time to time, this “Agreement”), by and among CARMAX SELECT RECEIVABLES TRUST 2026-B, a Delaware statutory trust (the “Issuer”), CARMAX SELECT RECEIVABLES GRANTOR TRUST 2026-B, a Delaware statutory trust (the “Grantor Trust”), CARMAX BUSINESS SERVICES, LLC, a Delaware limited liability company, as administrator (in such capacity, the “Administrator”), and U.S. BANK TRUST COMPANY, NATIONAL ASSOCIATION, a national banking association, not in its individual capacity but solely as indenture trustee (in such capacity, the “Indenture Trustee”).
CARMAX SELECT RECEIVABLES TRUST 2026-B, AS ISSUER, AND CARMAX SELECT RECEIVABLES GRANTOR TRUST 2026-B, AS GRANTOR TRUST RECEIVABLES CONTRIBUTION AGREEMENT DATED AS OF JUNE 1, 2026Receivables Contribution Agreement • June 16th, 2026 • CarMax Select Receivables Trust 2026-B • Asset-backed securities • New York
This Receivables Contribution Agreement, dated as of June 1, 2026, is between CarMax Select Receivables Trust 2026-B, a Delaware statutory trust (the “Issuer”), and CarMax Select Receivables Grantor Trust 2026-B, a Delaware statutory trust (the “Grantor Trust”).
CARMAX AUTO FUNDING LLC, as Depositor, and WILMINGTON TRUST, NATIONAL ASSOCIATION, as Owner Trustee AMENDED AND RESTATED TRUST AGREEMENT Dated as of June 1, 2026Trust Agreement • June 16th, 2026 • CarMax Select Receivables Trust 2026-B • Asset-backed securities • Delaware
AMENDED AND RESTATED TRUST AGREEMENT, dated as of June 1, 2026 (as amended, supplemented or otherwise modified and in effect from time to time, this “Trust Agreement”), between CARMAX AUTO FUNDING LLC, a Delaware limited liability company, as depositor (the “Depositor”), and WILMINGTON TRUST, NATIONAL ASSOCIATION, a national banking association, as owner trustee and not in its individual capacity (in such capacity, the “Owner Trustee”).
SECURITIES ACCOUNT CONTROL AGREEMENT among CARMAX SELECT RECEIVABLES TRUST 2026-B, as Issuer, CARMAX BUSINESS SERVICES, LLC, as Servicer, U.S. BANK TRUST COMPANY, NATIONAL ASSOCIATION, in its capacity as Indenture Trustee and as Secured Party AND U.S....Securities Account Control Agreement • June 11th, 2026 • CarMax Select Receivables Trust 2026-B • Asset-backed securities • New York
THIS SECURITIES ACCOUNT CONTROL AGREEMENT (this “Agreement”), dated as of June 1, 2026, among CARMAX SELECT RECEIVABLES TRUST 2026-B, as Issuer (the “Issuer”), CARMAX BUSINESS SERVICES, LLC, as Servicer (the “Servicer”), 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”).
CARMAX AUTO FUNDING LLC, as Depositor, and WILMINGTON TRUST, NATIONAL ASSOCIATION, as Owner Trustee AMENDED AND RESTATED TRUST AGREEMENT Dated as of June 1, 2026Trust Agreement • June 11th, 2026 • CarMax Select Receivables Trust 2026-B • Asset-backed securities • Delaware
AMENDED AND RESTATED TRUST AGREEMENT, dated as of June 1, 2026 (as amended, supplemented or otherwise modified and in effect from time to time, this “Trust Agreement”), between CARMAX AUTO FUNDING LLC, a Delaware limited liability company, as depositor (the “Depositor”), and WILMINGTON TRUST, NATIONAL ASSOCIATION, a national banking association, as owner trustee and not in its individual capacity (in such capacity, the “Owner Trustee”).
CARMAX SELECT RECEIVABLES TRUST 2026-B, as Issuer, CARMAX SELECT RECEIVABLES GRANTOR TRUST 2026-B, as Grantor Trust, CARMAX BUSINESS SERVICES, LLC, as Administrator, and as Indenture Trustee ADMINISTRATION AGREEMENT Dated as of June 1, 2026Administration Agreement • June 16th, 2026 • CarMax Select Receivables Trust 2026-B • Asset-backed securities • New York
ADMINISTRATION AGREEMENT, dated as of June 1, 2026 (as amended, supplemented or otherwise modified and in effect from time to time, this “Agreement”), by and among CARMAX SELECT RECEIVABLES TRUST 2026-B, a Delaware statutory trust (the “Issuer”), CARMAX SELECT RECEIVABLES GRANTOR TRUST 2026-B, a Delaware statutory trust (the “Grantor Trust”), CARMAX BUSINESS SERVICES, LLC, a Delaware limited liability company, as administrator (in such capacity, the “Administrator”), and U.S. BANK TRUST COMPANY, NATIONAL ASSOCIATION, a national banking association, not in its individual capacity but solely as indenture trustee (in such capacity, the “Indenture Trustee”).