0001193125-16-737693 Sample Contracts

SALE AND SERVICING AGREEMENT by and among SANTANDER DRIVE AUTO RECEIVABLES TRUST 2016-3, 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 • October 13th, 2016 • Santander Drive Auto Receivables LLC • Asset-backed securities • New York

SALE AND SERVICING AGREEMENT, dated as of October 12, 2016 (as amended, supplemented or otherwise modified and in effect from time to time, this “Agreement”), by and among SANTANDER DRIVE AUTO RECEIVABLES TRUST 2016-3, 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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ADMINISTRATION AGREEMENT between SANTANDER DRIVE AUTO RECEIVABLES TRUST 2016-3, as Issuer, SANTANDER CONSUMER USA INC., as Administrator and WELLS FARGO BANK, NATIONAL ASSOCIATION, as Indenture Trustee Dated as of October 12, 2016
Administration Agreement • October 13th, 2016 • Santander Drive Auto Receivables LLC • 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 October 12, 2016, is between SANTANDER DRIVE AUTO RECEIVABLES TRUST 2016-3, 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 October 12, 2016 (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 2016-3 AMENDED AND RESTATED TRUST AGREEMENT between SANTANDER DRIVE AUTO RECEIVABLES LLC, as the Seller and WILMINGTON TRUST, NATIONAL ASSOCIATION, as the Owner Trustee Dated as of October 12, 2016
Trust Agreement • October 13th, 2016 • Santander Drive Auto Receivables LLC • Asset-backed securities • Delaware

This AMENDED AND RESTATED TRUST AGREEMENT is made as of October 12, 2016 (as amended, supplemented or otherwise modified and in effect from time to time, this “Agreement” or this “Trust Agreement”) between SANTANDER DRIVE AUTO RECEIVABLES LLC, a Delaware limited liability company, as the Seller (the “Seller”), and WILMINGTON TRUST, NATIONAL ASSOCIATION, a national banking association, as the owner trustee (“Wilmington Trust” and in such capacity the “Owner Trustee”).

PURCHASE AGREEMENT dated as of October 12, 2016 between SANTANDER CONSUMER USA INC., as Seller and SANTANDER DRIVE AUTO RECEIVABLES LLC, as Purchaser
Purchase Agreement • October 13th, 2016 • Santander Drive Auto Receivables LLC • Asset-backed securities • New York

THIS PURCHASE AGREEMENT is made and entered into as of October 12, 2016 (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”).

SERVICING AGREEMENT between SANTANDER CONSUMER USA INC., as Servicer, and SANTANDER CONSUMER INTERNATIONAL PUERTO RICO LLC, as Subservicer Dated as of July 15, 2016
Servicing Agreement • October 13th, 2016 • Santander Drive Auto Receivables LLC • Asset-backed securities • New York

This SERVICING AGREEMENT (this “Agreement”) is made as of July 15, 2016 (the “Effective Date”), between SANTANDER CONSUMER USA INC., an Illinois corporation (“SC”), as servicer (in such capacity, the “Servicer”), and SANTANDER CONSUMER INTERNATIONAL PUERTO RICO LLC, a Puerto Rico limited liability company (“SCI”), as subservicer (in such capacity, the “Subservicer”).

PROGRAM PORTFOLIO SCHEDULE (SDART Publicly Registered Transactions)
Santander Drive Auto Receivables LLC • October 13th, 2016 • Asset-backed securities • New York

This Program Portfolio Schedule, dated as of July 15, 2016 (as amended, supplemented or otherwise modified from time to time, (this “Program Portfolio Schedule”), to the Servicing Agreement, dated as of July 15, 2016 (as heretofore amended, restated, supplemented or otherwise modified, the “Servicing Agreement”), is between Santander Consumer USA Inc., an Illinois corporation (“SC”), as servicer (in such capacity, the “Servicer”), and Santander Consumer International Puerto Rico LLC, a Puerto Rico limited liability company (“SCIPR”), as subservicer (in such capacity, the “Subservicer”), with respect to the Program Portfolio identified below.

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