0000950123-10-053501 Sample Contracts

SALE AND SERVICING AGREEMENT by and among SANTANDER DRIVE AUTO RECEIVABLES TRUST 2010-1, as Issuer SANTANDER DRIVE AUTO RECEIVABLES LLC, as Seller SANTANDER CONSUMER USA INC., as Servicer and WELLS FARGO BANK, NATIONAL ASSOCIATION, as Indenture...
Sale and Servicing Agreement • May 27th, 2010 • Santander Drive Auto Receivables Trust 2010-1 • Asset-backed securities • New York

SALE AND SERVICING AGREEMENT, dated as of May 26, 2010 (as amended, supplemented or otherwise modified and in effect from time to time, this “Agreement”), by and among SANTANDER DRIVE AUTO RECEIVABLES TRUST 2010-1, 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 WELLS FARGO BANK, NATIONAL ASSOCIATION, a national banking association, as indenture trustee (the “Indenture Trustee”).

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PURCHASE AGREEMENT dated as of May 26, 2010 between SANTANDER CONSUMER USA INC. and SANTANDER DRIVE AUTO RECEIVABLES LLC, as Purchaser
Purchase Agreement • May 27th, 2010 • Santander Drive Auto Receivables Trust 2010-1 • Asset-backed securities • New York

THIS PURCHASE AGREEMENT is made and entered into as of May 26, 2010 (as amended, 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”).

ADMINISTRATION AGREEMENT between SANTANDER DRIVE AUTO RECEIVABLES TRUST 2010-1, as Issuer, SANTANDER CONSUMER USA INC., as Administrator and WELLS FARGO BANK, NATIONAL ASSOCIATION, as Indenture Trustee Dated as of May 26, 2010
Administration Agreement • May 27th, 2010 • Santander Drive Auto Receivables Trust 2010-1 • Asset-backed securities • New York

THIS ADMINISTRATION AGREEMENT (as amended, supplemented or otherwise modified and in effect from time to time, this “Agreement”) dated as of May 26, 2010, is between SANTANDER DRIVE AUTO RECEIVABLES TRUST 2010-1, a Delaware statutory trust (the “Issuer”), SANTANDER CONSUMER USA INC., an Illinois corporation, as administrator (“Santander Consumer” or the “Administrator”), and WELLS FARGO BANK, 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 May 26, 2010 (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 2010-1 AMENDED AND RESTATED TRUST AGREEMENT between SANTANDER DRIVE AUTO RECEIVABLES LLC, as the Depositor and DEUTSCHE BANK TRUST COMPANY DELAWARE, as the Owner Trustee Dated as of May 26, 2010
Trust Agreement • May 27th, 2010 • Santander Drive Auto Receivables Trust 2010-1 • Asset-backed securities • Delaware

This AMENDED AND RESTATED TRUST AGREEMENT is made as of May 26, 2010 (as amended, supplemented or otherwise modified and in effect from time to time, this “Agreement”) between SANTANDER DRIVE AUTO RECEIVABLES LLC, a Delaware limited liability company, as the depositor (the “Seller”), and DEUTSCHE BANK TRUST COMPANY DELAWARE, a Delaware banking corporation, as the owner trustee (the “Owner Trustee”).

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