EFCAR definition
Examples of EFCAR in a sentence
THIS CERTIFIES THAT [_______] is the registered owner of a nonassessable, fully-paid, beneficial ownership interest in certain distributions of Exeter Automobile Receivables Trust 2026-1 (the “Trust”) formed by EFCAR, LLC, a Delaware limited liability company (the “Seller”).
EFCAR, LLC, as the Initial Depositor, hereby consents to the amendment of the Initial Trust Agreement by this Agreement and acknowledges and agrees that all of its rights and obligations as depositor with respect to the Holding Trust are hereby assumed by the Seller.
Capitalized terms used herein without definition shall have the respective meanings assigned to such terms in the Sale and Servicing Agreement, dated as of January 4, 2026 (the “Sale and Servicing Agreement”), by and among EFCAR, LLC, as Seller, Exeter Finance LLC, in its individual capacity and as Servicer, Exeter Holdings Trust 2026-1, as Holding Trust, Exeter Automobile Receivables Trust 2026-1, as Issuer, and Citibank, N.A., as Backup Servicer and as Indenture Trustee.
Capitalized terms used herein without definition shall have the respective meanings assigned to such terms in the Sale and Servicing Agreement, dated as of January 4, 2026 (the “Sale and Servicing Agreement”), by and among EFCAR, LLC, as seller, Exeter Finance LLC, in its individual capacity and as Servicer, Exeter Automobile Receivables Trust 2026-1, as Issuer, Exeter Holdings Trust 2026-1, as Holding Trust, and Citibank, N.A., as Backup Servicer and as Indenture Trustee.