Notices from Administration Agreement
THIS ADMINISTRATION AGREEMENT (this Agreement) dated as of October 18, 2007, is between SANTANDER DRIVE AUTO RECEIVABLES TRUST 2007-3, a Delaware statutory trust (the Issuer), U.S. BANK TRUST NATIONAL ASSOCIATION, a national banking association, not in its individual capacity, but solely as Owner Trustee of the Issuer (the Owner Trustee), SANTANDER CONSUMER USA INC., an Illinois corporation, as administrator (Santander Consumer or the Administrator), and Wells Fargo Bank, National Association, a national banking association organized under the laws of the United States, 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 the date hereof (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, as indenture trustee.
Notices. Any notice, report or other communication given hereunder shall be in writing and addressed as follows: (a) if to the Administrator, to: Santander Consumer USA Inc. 8585 North Stemmons Freeway Suite 1100-N Dallas, Texas 75247 Attention: Jim W. Moore Telephone: (214) 634-1110 Facsimile: (214) 237-3570 (b) if to the Issuer, to: Santander Drive Auto Receivables Trust 2007-3 U.S. Bank Trust National Association 300 Delaware Avenue, 9th Floor Wilmington, DE 19801 Attention: Mildred F. Smith Telephone: (302) 576-3703 Facsimile: (302) 576-3717 (c) if to the Owner Trustee, to: U.S. Bank Trust National Association 300 Delaware Avenue, 9th Floor Wilmington, DE 19801 Attention: Mildred F. Smith Telephone: (302) 576-3703 Facsimile: (302) 576-3717 (d) if to the Indenture Trustee, to: Wells Fargo Bank, National Association MAC N9311-161 Sixth Street and Marquette Avenue Minneapolis, MN 55479 Attention: Corporate Trust Services Asset-Backed Administration/Santander Drive Auto 2007-3 Telephone: (612) 667-8058 Facsimile: (612) 667-3464 (e) if to the Insurer, to: Financial Guaranty Insurance Company 125 Park Avenue New York, NY 10017 Attention: Structured Finance Surveillance Santander Drive Auto Receivables Trust 2007-3 Telephone: (800) 352-0001 Facsimile: (212) 312-3220 Confirmation: (800) 352-0001 Email: [email protected] or to such other address as any party shall have provided to the other parties in writing. Any notice required to be in writing hereunder shall be deemed given if such notice is mailed by certified mail, postage prepaid or hand-delivered to the address of such party as provided above.