By: | /s/ Adam Scozzafava | ||||
Name: | Adam Scozzafava | ||||
Title: | Senior Vice President | ||||
ICS Global Capital Markets | |||||
Dated: | March 6, 2025 |
Transactions | Item 1122 | Applicable Activity | ||||||
Capital One Prime Auto Receivables Trust 2021-1 | (d)(2)(ii) | Company’s obligation: Disbursements made via wire transfer on behalf of an obligor or to an investor are made only by authorized personnel | ||||||
(d)(2)(iv) | Company’s obligation: The related accounts for the transaction, such as cash reserve accounts or accounts established as a form of over collateralization, are separately maintained (eg., with respect to commingling of cash) as set forth in the transaction agreements. | |||||||
(d)(2)(v) | Company’s obligation: Each custodial account is maintained at a federally insured depository institution as set forth in the transaction agreements. For purposes of this criterion, "federally insured depository institution" with respect to a foreign financial institution means a foreign financial institution that meets the requirements of Rule 13k-1(b)(1) of the Securities Exchange Act. | |||||||
(d)(3)(ii) | Company’s obligation: Amounts due to investors are allocated and remitted in accordance with time frames, distribution priority and other terms set forth in the transaction agreement | |||||||
(d)(3)(iii) | Company’s obligation: Disbursements made to an investor are posted within two business days to the Servicer's investor records, or such other number of days specified in the transaction agreements. | |||||||
(d)(3)(iv) | Company’s obligation: Amounts remitted to investors per the investor reports agree with cancelled checks, or other form of payment, or custodial bank statements. | |||||||
Capital One Prime Auto Receivables Trust 2022-1 | (d)(2)(ii) | Company’s obligation: Disbursements made via wire transfer on behalf of an obligor or to an investor are made only by authorized personnel | ||||||
(d)(2)(iv) | Company’s obligation: The related accounts for the transaction, such as cash reserve accounts or accounts established as a form of over collateralization, are separately maintained (eg., with respect to commingling of cash) as set forth in the transaction agreements. | |||||||
(d)(2)(v) | Company’s obligation: Each custodial account is maintained at a federally insured depository institution as set forth in the transaction agreements. For purposes of this criterion, "federally insured depository institution" with respect to a foreign financial institution means a foreign financial institution that meets the requirements of Rule 13k-1(b)(1) of the Securities Exchange Act. | |||||||
(d)(3)(ii) | Company’s obligation: Amounts due to investors are allocated and remitted in accordance with time frames, distribution priority and other terms set forth in the transaction agreement | |||||||
(d)(3)(iii) | Company’s obligation: Disbursements made to an investor are posted within two business days to the Servicer's investor records, or such other number of days specified in the transaction agreements. | |||||||
(d)(3)(iv) | Company’s obligation: Amounts remitted to investors per the investor reports agree with cancelled checks, or other form of payment, or custodial bank statements. |
Transactions | Item 1122 | Applicable Activity | ||||||
Capital One Prime Auto Receivables Trust 2022-2 | (d)(2)(ii) | Company’s obligation: Disbursements made via wire transfer on behalf of an obligor or to an investor are made only by authorized personnel | ||||||
(d)(2)(iv) | Company’s obligation: The related accounts for the transaction, such as cash reserve accounts or accounts established as a form of over collateralization, are separately maintained (eg., with respect to commingling of cash) as set forth in the transaction agreements. | |||||||
(d)(2)(v) | Company’s obligation: Each custodial account is maintained at a federally insured depository institution as set forth in the transaction agreements. For purposes of this criterion, "federally insured depository institution" with respect to a foreign financial institution means a foreign financial institution that meets the requirements of Rule 13k-1(b)(1) of the Securities Exchange Act. | |||||||
(d)(3)(ii) | Company’s obligation: Amounts due to investors are allocated and remitted in accordance with time frames, distribution priority and other terms set forth in the transaction agreement | |||||||
(d)(3)(iii) | Company’s obligation: Disbursements made to an investor are posted within two business days to the Servicer's investor records, or such other number of days specified in the transaction agreements. | |||||||
(d)(3)(iv) | Company’s obligation: Amounts remitted to investors per the investor reports agree with cancelled checks, or other form of payment, or custodial bank statements. | |||||||
Capital One Prime Auto Receivables Trust 2023-1 | (d)(2)(ii) | Company’s obligation: Disbursements made via wire transfer on behalf of an obligor or to an investor are made only by authorized personnel | ||||||
(d)(2)(iv) | Company’s obligation: The related accounts for the transaction, such as cash reserve accounts or accounts established as a form of over collateralization, are separately maintained (eg., with respect to commingling of cash) as set forth in the transaction agreements. | |||||||
(d)(2)(v) | Company’s obligation: Each custodial account is maintained at a federally insured depository institution as set forth in the transaction agreements. For purposes of this criterion, "federally insured depository institution" with respect to a foreign financial institution means a foreign financial institution that meets the requirements of Rule 13k-1(b)(1) of the Securities Exchange Act. | |||||||
(d)(3)(ii) | Company’s obligation: Amounts due to investors are allocated and remitted in accordance with time frames, distribution priority and other terms set forth in the transaction agreement | |||||||
(d)(3)(iii) | Company’s obligation: Disbursements made to an investor are posted within two business days to the Servicer's investor records, or such other number of days specified in the transaction agreements. | |||||||
(d)(3)(iv) | Company’s obligation: Amounts remitted to investors per the investor reports agree with cancelled checks, or other form of payment, or custodial bank statements. |
Transactions | Item 1122 | Applicable Activity | ||||||
Capital One Prime Auto Receivables Trust 2023-2 | (d)(2)(ii) | Company’s obligation: Disbursements made via wire transfer on behalf of an obligor or to an investor are made only by authorized personnel | ||||||
(d)(2)(iv) | Company’s obligation: The related accounts for the transaction, such as cash reserve accounts or accounts established as a form of over collateralization, are separately maintained (eg., with respect to commingling of cash) as set forth in the transaction agreements. | |||||||
(d)(2)(v) | Company’s obligation: Each custodial account is maintained at a federally insured depository institution as set forth in the transaction agreements. For purposes of this criterion, "federally insured depository institution" with respect to a foreign financial institution means a foreign financial institution that meets the requirements of Rule 13k-1(b)(1) of the Securities Exchange Act. | |||||||
(d)(3)(ii) | Company’s obligation: Amounts due to investors are allocated and remitted in accordance with time frames, distribution priority and other terms set forth in the transaction agreement | |||||||
(d)(3)(iii) | Company’s obligation: Disbursements made to an investor are posted within two business days to the Servicer's investor records, or such other number of days specified in the transaction agreements. | |||||||
(d)(3)(iv) | Company’s obligation: Amounts remitted to investors per the investor reports agree with cancelled checks, or other form of payment, or custodial bank statements. | |||||||
(d)(3)(iv) | Company’s obligation: Amounts remitted to investors per the investor reports agree with cancelled checks, or other form of payment, or custodial bank statements. | |||||||
Capital One Prime Auto Receivables Trust 2024-1 | (d)(2)(ii) | Company’s obligation: Disbursements made via wire transfer on behalf of an obligor or to an investor are made only by authorized personnel | ||||||
(d)(2)(iv) | Company’s obligation: The related accounts for the transaction, such as cash reserve accounts or accounts established as a form of over collateralization, are separately maintained (eg., with respect to commingling of cash) as set forth in the transaction agreements. | |||||||
(d)(2)(v) | Company’s obligation: Each custodial account is maintained at a federally insured depository institution as set forth in the transaction agreements. For purposes of this criterion, "federally insured depository institution" with respect to a foreign financial institution means a foreign financial institution that meets the requirements of Rule 13k-1(b)(1) of the Securities Exchange Act. | |||||||
(d)(3)(ii) | Company’s obligation: Amounts due to investors are allocated and remitted in accordance with time frames, distribution priority and other terms set forth in the transaction agreement | |||||||
(d)(3)(iii) | Company’s obligation: Disbursements made to an investor are posted within two business days to the Servicer's investor records, or such other number of days specified in the transaction agreements. | |||||||
(d)(3)(iv) | Company’s obligation: Amounts remitted to investors per the investor reports agree with cancelled checks, or other form of payment, or custodial bank statements. | |||||||
(d)(3)(iv) | Company’s obligation: Amounts remitted to investors per the investor reports agree with cancelled checks, or other form of payment, or custodial bank statements. |
Transactions | Item 1122 | Applicable Activity | ||||||
CarMax Auto Owner Trust 2021-1 | (d)(2)(ii) | Company's obligation: Disbursements made via wire transfer on behalf of an obligor or to an investor are made only by authorized personnel | ||||||
(d)(2)(iv) | Company's obligation: The related accounts for the transaction, such as cash reserve accounts or accounts established as a form of over collateralization, are separately maintained (eg., with respect to commingling of cash) as set forth in the transaction agreements. | |||||||
(d)(2)(v) | Company’s obligation: Each custodial account is maintained at a federally insured depository institution as set forth in the transaction agreements. For purposes of this criterion, “federally insured depository institution” with respect to a foreign financial institution means a foreign financial institution that meets the requirements of Rule 13k-1(b)(1) of the Securities Exchange Act. | |||||||
(d)(3)(ii) | Company's obligation: Amounts due to investors are allocated and remitted in accordance with time frames, distribution priority and other terms set forth in the transaction agreement | |||||||
(d)(3)(iii) | Company's obligation: Disbursements made to an investor are posted within two business days to the Servicer's investor records, or such other number of days specified in the transaction agreements | |||||||
(d)(3)(iv) | Company 's obligation: Amounts remitted to investors per the investor reports agree with cancelled checks, or other form of payment, or custodial bank statements | |||||||
CarMax Auto Owner Trust 2021-2 | (d)(2)(ii) | Company's obligation: Disbursements made via wire transfer on behalf of an obligor or to an investor are made only by authorized personnel | ||||||
(d)(2)(iv) | Company's obligation: The related accounts for the transaction, such as cash reserve accounts or accounts established as a form of over collateralization, are separately maintained (eg., with respect to commingling of cash) as set forth in the transaction agreements. | |||||||
(d)(2)(v) | Company’s obligation: Each custodial account is maintained at a federally insured depository institution as set forth in the transaction agreements. For purposes of this criterion, “federally insured depository institution” with respect to a foreign financial institution means a foreign financial institution that meets the requirements of Rule 13k-1(b)(1) of the Securities Exchange Act. | |||||||
(d)(3)(ii) | Company's obligation: Amounts due to investors are allocated and remitted in accordance with time frames, distribution priority and other terms set forth in the transaction agreement | |||||||
(d)(3)(iii) | Company's obligation: Disbursements made to an investor are posted within two business days to the Servicer's investor records, or such other number of days specified in the transaction agreements | |||||||
(d)(3)(iv) | Company 's obligation: Amounts remitted to investors per the investor reports agree with cancelled checks, or other form of payment, or custodial bank statements |
Transactions | Item 1122 | Applicable Activity | ||||||
CarMax Auto Owner Trust 2022-3 | (d)(2)(ii) | Company’s obligation: Disbursements made via wire transfer on behalf of an obligor or to an investor are made only by authorized personnel | ||||||
(d)(2)(iv) | Company’s obligation: The related accounts for the transaction, such as cash reserve accounts or accounts established as a form of over collateralization, are separately maintained (eg., with respect to commingling of cash) as set forth in the transaction agreements. | |||||||
(d)(2)(v) | Company’s obligation: Each custodial account is maintained at a federally insured depository institution as set forth in the transaction agreements. For purposes of this criterion, "federally insured depository institution" with respect to a foreign financial institution means a foreign financial institution that meets the requirements of Rule 13k-1(b)(1) of the Securities Exchange Act. | |||||||
(d)(3)(ii) | Company's obligation: Amounts due to investors are allocated and remitted in accordance with time frames, distribution priority and other terms set forth in the transaction agreement | |||||||
(d)(3)(iii) | Company's obligation: Disbursements made to an investor are posted within two business days to the Servicer's investor records, or such other number of days specified in the transaction agreements | |||||||
(d)(3)(iv) | Company 's obligation: Amounts remitted to investors per the investor reports agree with cancelled checks, or other form of payment, or custodial bank statements | |||||||
CarMax Auto Owner Trust 2022-4 | (d)(2)(ii) | Company’s obligation: Disbursements made via wire transfer on behalf of an obligor or to an investor are made only by authorized personnel | ||||||
(d)(2)(iv) | Company’s obligation: The related accounts for the transaction, such as cash reserve accounts or accounts established as a form of over collateralization, are separately maintained (eg., with respect to commingling of cash) as set forth in the transaction agreements. | |||||||
(d)(2)(v) | Company’s obligation: Each custodial account is maintained at a federally insured depository institution as set forth in the transaction agreements. For purposes of this criterion, "federally insured depository institution" with respect to a foreign financial institution means a foreign financial institution that meets the requirements of Rule 13k-1(b)(1) of the Securities Exchange Act. | |||||||
(d)(3)(ii) | Company's obligation: Amounts due to investors are allocated and remitted in accordance with time frames, distribution priority and other terms set forth in the transaction agreement | |||||||
(d)(3)(iii) | Company's obligation: Disbursements made to an investor are posted within two business days to the Servicer's investor records, or such other number of days specified in the transaction agreements | |||||||
(d)(3)(iv) | Company 's obligation: Amounts remitted to investors per the investor reports agree with cancelled checks, or other form of payment, or custodial bank statements |
Transactions | Item 1122 | Applicable Activity | ||||||
CarMax Auto Owner Trust 2023-1 | (d)(2)(ii) | Company’s obligation: Disbursements made via wire transfer on behalf of an obligor or to an investor are made only by authorized personnel | ||||||
(d)(2)(iv) | Company’s obligation: The related accounts for the transaction, such as cash reserve accounts or accounts established as a form of over collateralization, are separately maintained (eg., with respect to commingling of cash) as set forth in the transaction agreements. | |||||||
(d)(2)(v) | Company’s obligation: Each custodial account is maintained at a federally insured depository institution as set forth in the transaction agreements. For purposes of this criterion, "federally insured depository institution" with respect to a foreign financial institution means a foreign financial institution that meets the requirements of Rule 13k-1(b)(1) of the Securities Exchange Act. | |||||||
(d)(3)(ii) | Company's obligation: Amounts due to investors are allocated and remitted in accordance with time frames, distribution priority and other terms set forth in the transaction agreement | |||||||
(d)(3)(iii) | Company's obligation: Disbursements made to an investor are posted within two business days to the Servicer's investor records, or such other number of days specified in the transaction agreements | |||||||
(d)(3)(iv) | Company 's obligation: Amounts remitted to investors per the investor reports agree with cancelled checks, or other form of payment, or custodial bank statements | |||||||
CarMax Auto Owner Trust 2023-2 | (d)(2)(ii) | Company’s obligation: Disbursements made via wire transfer on behalf of an obligor or to an investor are made only by authorized personnel | ||||||
(d)(2)(iv) | Company’s obligation: The related accounts for the transaction, such as cash reserve accounts or accounts established as a form of over collateralization, are separately maintained (eg., with respect to commingling of cash) as set forth in the transaction agreements. | |||||||
(d)(2)(v) | Company’s obligation: Each custodial account is maintained at a federally insured depository institution as set forth in the transaction agreements. For purposes of this criterion, "federally insured depository institution" with respect to a foreign financial institution means a foreign financial institution that meets the requirements of Rule 13k-1(b)(1) of the Securities Exchange Act. | |||||||
(d)(3)(ii) | Company's obligation: Amounts due to investors are allocated and remitted in accordance with time frames, distribution priority and other terms set forth in the transaction agreement | |||||||
(d)(3)(iii) | Company's obligation: Disbursements made to an investor are posted within two business days to the Servicer's investor records, or such other number of days specified in the transaction agreements | |||||||
(d)(3)(iv) | Company 's obligation: Amounts remitted to investors per the investor reports agree with cancelled checks, or other form of payment, or custodial bank statements |
Transactions | Item 1122 | Applicable Activity | ||||||
CarMax Auto Owner Trust 2023-3 | (d)(2)(ii) | Company’s obligation: Disbursements made via wire transfer on behalf of an obligor or to an investor are made only by authorized personnel | ||||||
(d)(2)(iv) | Company’s obligation: The related accounts for the transaction, such as cash reserve accounts or accounts established as a form of over collateralization, are separately maintained (eg., with respect to commingling of cash) as set forth in the transaction agreements. | |||||||
(d)(2)(v) | Company’s obligation: Each custodial account is maintained at a federally insured depository institution as set forth in the transaction agreements. For purposes of this criterion, "federally insured depository institution" with respect to a foreign financial institution means a foreign financial institution that meets the requirements of Rule 13k-1(b)(1) of the Securities Exchange Act. | |||||||
(d)(3)(ii) | Company's obligation: Amounts due to investors are allocated and remitted in accordance with time frames, distribution priority and other terms set forth in the transaction agreement | |||||||
(d)(3)(iii) | Company's obligation: Disbursements made to an investor are posted within two business days to the Servicer's investor records, or such other number of days specified in the transaction agreements | |||||||
(d)(3)(iv) | Company 's obligation: Amounts remitted to investors per the investor reports agree with cancelled checks, or other form of payment, or custodial bank statements | |||||||
CarMax Auto Owner Trust 2025-1 | (d)(2)(ii) | Company’s obligation: Disbursements made via wire transfer on behalf of an obligor or to an investor are made only by authorized personnel | ||||||
(d)(2)(iv) | Company’s obligation: The related accounts for the transaction, such as cash reserve accounts or accounts established as a form of over collateralization, are separately maintained (eg., with respect to commingling of cash) as set forth in the transaction agreements. | |||||||
(d)(2)(v) | Company’s obligation: Each custodial account is maintained at a federally insured depository institution as set forth in the transaction agreements. For purposes of this criterion, "federally insured depository institution" with respect to a foreign financial institution means a foreign financial institution that meets the requirements of Rule 13k-1(b)(1) of the Securities Exchange Act. | |||||||
(d)(3)(ii) | Company's obligation: Amounts due to investors are allocated and remitted in accordance with time frames, distribution priority and other terms set forth in the transaction agreement | |||||||
(d)(3)(iii) | Company's obligation: Disbursements made to an investor are posted within two business days to the Servicer's investor records, or such other number of days specified in the transaction agreements | |||||||
(d)(3)(iv) | Company 's obligation: Amounts remitted to investors per the investor reports agree with cancelled checks, or other form of payment, or custodial bank statements |
Transactions | Item 1122 | Applicable Activity | ||||||
DRIVE Auto Receivables Trust 2021-1 | (d)(2)(ii) | Company’s obligation: Disbursements made via wire transfer on behalf of an obligor or to an investor are made only by authorized personnel | ||||||
(d)(3)(ii) | Company's obligation: Amounts due to investors are allocated and remitted in accordance with time frames, distribution priority and other terms set forth in the transaction agreement | |||||||
(d)(3)(iii) | Company's obligation: Disbursements made to an investor are posted within two business days to the Servicer's investor records, or such other number of days specified in the transaction agreements | |||||||
(d)(3)(iv) | Company 's obligation: Amounts remitted to investors per the investor reports agree with cancelled checks, or other form of payment, or custodial bank statements | |||||||
DRIVE Auto Receivables Trust 2021-2 | (d)(2)(ii) | Company’s obligation: Disbursements made via wire transfer on behalf of an obligor or to an investor are made only by authorized personnel | ||||||
(d)(3)(ii) | Company's obligation: Amounts due to investors are allocated and remitted in accordance with time frames, distribution priority and other terms set forth in the transaction agreement | |||||||
(d)(3)(iii) | Company's obligation: Disbursements made to an investor are posted within two business days to the Servicer's investor records, or such other number of days specified in the transaction agreements | |||||||
(d)(3)(iv) | Company 's obligation: Amounts remitted to investors per the investor reports agree with cancelled checks, or other form of payment, or custodial bank statements | |||||||
DRIVE Auto Receivables Trust 2021-3 | (d)(2)(ii) | Company’s obligation: Disbursements made via wire transfer on behalf of an obligor or to an investor are made only by authorized personnel | ||||||
(d)(3)(ii) | Company's obligation: Amounts due to investors are allocated and remitted in accordance with time frames, distribution priority and other terms set forth in the transaction agreement | |||||||
(d)(3)(iii) | Company's obligation: Disbursements made to an investor are posted within two business days to the Servicer's investor records, or such other number of days specified in the transaction agreements | |||||||
(d)(3)(iv) | Company 's obligation: Amounts remitted to investors per the investor reports agree with cancelled checks, or other form of payment, or custodial bank statements | |||||||
DRIVE Auto Receivables Trust 2024-1 | (d)(2)(ii) | Company’s obligation: Disbursements made via wire transfer on behalf of an obligor or to an investor are made only by authorized personnel | ||||||
(d)(3)(ii) | Company's obligation: Amounts due to investors are allocated and remitted in accordance with time frames, distribution priority and other terms set forth in the transaction agreement | |||||||
(d)(3)(iii) | Company's obligation: Disbursements made to an investor are posted within two business days to the Servicer's investor records, or such other number of days specified in the transaction agreements | |||||||
(d)(3)(iv) | Company 's obligation: Amounts remitted to investors per the investor reports agree with cancelled checks, or other form of payment, or custodial bank statements |
Transactions | Item 1122 | Applicable Activity | ||||||
Santander Drive Auto Receivables Trust 2023-2 | (d)(2)(ii) | Company’s obligation: Disbursements made via wire transfer on behalf of an obligor or to an investor are made only by authorized personnel | ||||||
(d)(3)(ii) | Company's obligation: Amounts due to investors are allocated and remitted in accordance with time frames, distribution priority and other terms set forth in the transaction agreement | |||||||
(d)(3)(iii) | Company's obligation: Disbursements made to an investor are posted within two business days to the Servicer's investor records, or such other number of days specified in the transaction agreements | |||||||
(d)(3)(iv) | Company 's obligation: Amounts remitted to investors per the investor reports agree with cancelled checks, or other form of payment, or custodial bank statements | |||||||
Santander Drive Auto Receivables Trust 2023-4 | (d)(2)(ii) | Company’s obligation: Disbursements made via wire transfer on behalf of an obligor or to an investor are made only by authorized personnel | ||||||
(d)(3)(ii) | Company's obligation: Amounts due to investors are allocated and remitted in accordance with time frames, distribution priority and other terms set forth in the transaction agreement | |||||||
(d)(3)(iii) | Company's obligation: Disbursements made to an investor are posted within two business days to the Servicer's investor records, or such other number of days specified in the transaction agreements | |||||||
(d)(3)(iv) | Company 's obligation: Amounts remitted to investors per the investor reports agree with cancelled checks, or other form of payment, or custodial bank statements | |||||||
Santander Drive Auto Receivables Trust 2023-6 | (d)(2)(ii) | Company’s obligation: Disbursements made via wire transfer on behalf of an obligor or to an investor are made only by authorized personnel | ||||||
(d)(3)(ii) | Company's obligation: Amounts due to investors are allocated and remitted in accordance with time frames, distribution priority and other terms set forth in the transaction agreement | |||||||
(d)(3)(iii) | Company's obligation: Disbursements made to an investor are posted within two business days to the Servicer's investor records, or such other number of days specified in the transaction agreements | |||||||
(d)(3)(iv) | Company 's obligation: Amounts remitted to investors per the investor reports agree with cancelled checks, or other form of payment, or custodial bank statements | |||||||
Santander Drive Auto Receivables Trust 2024-2 | (d)(2)(ii) | Company’s obligation: Disbursements made via wire transfer on behalf of an obligor or to an investor are made only by authorized personnel | ||||||
(d)(3)(ii) | Company's obligation: Amounts due to investors are allocated and remitted in accordance with time frames, distribution priority and other terms set forth in the transaction agreement | |||||||
(d)(3)(iii) | Company's obligation: Disbursements made to an investor are posted within two business days to the Servicer's investor records, or such other number of days specified in the transaction agreements | |||||||
(d)(3)(iv) | Company 's obligation: Amounts remitted to investors per the investor reports agree with cancelled checks, or other form of payment, or custodial bank statements | |||||||
Santander Drive Auto Receivables Trust 2024-4 | (d)(2)(ii) | Company’s obligation: Disbursements made via wire transfer on behalf of an obligor or to an investor are made only by authorized personnel | ||||||
(d)(3)(ii) | Company's obligation: Amounts due to investors are allocated and remitted in accordance with time frames, distribution priority and other terms set forth in the transaction agreement | |||||||
(d)(3)(iii) | Company's obligation: Disbursements made to an investor are posted within two business days to the Servicer's investor records, or such other number of days specified in the transaction agreements | |||||||
(d)(3)(iv) | Company 's obligation: Amounts remitted to investors per the investor reports agree with cancelled checks, or other form of payment, or custodial bank statements |
Transactions | Item 1122 | Applicable Activity | ||||||
Santander Drive Auto Receivables Trust 2025-1 | (d)(2)(ii) | Company’s obligation: Disbursements made via wire transfer on behalf of an obligor or to an investor are made only by authorized personnel | ||||||
(d)(3)(ii) | Company's obligation: Amounts due to investors are allocated and remitted in accordance with time frames, distribution priority and other terms set forth in the transaction agreement | |||||||
(d)(3)(iii) | Company's obligation: Disbursements made to an investor are posted within two business days to the Servicer's investor records, or such other number of days specified in the transaction agreements | |||||||
(d)(3)(iv) | Company 's obligation: Amounts remitted to investors per the investor reports agree with cancelled checks, or other form of payment, or custodial bank statements |
Transactions | Item 1122 | Applicable Activity | ||||||
World Omni Auto Owner Trust 2021-B | (d)(2)(ii) | Company’s obligation: Disbursements made via wire transfer on behalf of an obligor or to an investor are made only by authorized personnel | ||||||
(d)(2)(iv) | Company’s obligation: The related accounts for the transaction, such as cash reserve accounts or accounts established as a form of over collateralization, are separately maintained (eg., with respect to commingling of cash) as set forth in the transaction agreements. | |||||||
(d)(2)(v) | Company’s obligation: Each custodial account is maintained at a federally insured depository institution as set forth in the transaction agreements. For purposes of this criterion, "federally insured depository institution" with respect to a foreign financial institution means a foreign financial institution that meets the requirements of Rule 13k-1(b)(1) of the Securities Exchange Act. | |||||||
(d)(3)(ii) | Company’s obligation: Amounts due to investors are allocated and remitted in accordance with time frames, distribution priority and other terms set forth in the transaction agreement | |||||||
(d)(3)(iii) | Company’s obligation: Disbursements made to an investor are posted within two business days to the Servicer's investor records, or such other number of days specified in the transaction agreements. | |||||||
(d)(3)(iv) | Company’s obligation: Amounts remitted to investors per the investor reports agree with cancelled checks, or other form of payment, or custodial bank statements. | |||||||
World Omni Auto Owner Trust 2021-C | (d)(2)(ii) | Company’s obligation: Disbursements made via wire transfer on behalf of an obligor or to an investor are made only by authorized personnel | ||||||
(d)(2)(iv) | Company’s obligation: The related accounts for the transaction, such as cash reserve accounts or accounts established as a form of over collateralization, are separately maintained (eg., with respect to commingling of cash) as set forth in the transaction agreements. | |||||||
(d)(2)(v) | Company’s obligation: Each custodial account is maintained at a federally insured depository institution as set forth in the transaction agreements. For purposes of this criterion, "federally insured depository institution" with respect to a foreign financial institution means a foreign financial institution that meets the requirements of Rule 13k-1(b)(1) of the Securities Exchange Act. | |||||||
(d)(3)(ii) | Company’s obligation: Amounts due to investors are allocated and remitted in accordance with time frames, distribution priority and other terms set forth in the transaction agreement | |||||||
(d)(3)(iii) | Company’s obligation: Disbursements made to an investor are posted within two business days to the Servicer's investor records, or such other number of days specified in the transaction agreements. | |||||||
(d)(3)(iv) | Company’s obligation: Amounts remitted to investors per the investor reports agree with cancelled checks, or other form of payment, or custodial bank statements. |
Transactions | Item 1122 | Applicable Activity | ||||||
World Omni Auto Receivables Trust 2022-D | (d)(2)(ii) | Company’s obligation: Disbursements made via wire transfer on behalf of an obligor or to an investor are made only by authorized personnel | ||||||
(d)(2)(iv) | Company’s obligation: The related accounts for the transaction, such as cash reserve accounts or accounts established as a form of over collateralization, are separately maintained (eg., with respect to commingling of cash) as set forth in the transaction agreements. | |||||||
(d)(2)(v) | Company’s obligation: Each custodial account is maintained at a federally insured depository institution as set forth in the transaction agreements. For purposes of this criterion, "federally insured depository institution" with respect to a foreign financial institution means a foreign financial institution that meets the requirements of Rule 13k-1(b)(1) of the Securities Exchange Act. | |||||||
(d)(3)(ii) | Company’s obligation: Amounts due to investors are allocated and remitted in accordance with time frames, distribution priority and other terms set forth in the transaction agreement | |||||||
(d)(3)(iii) | Company’s obligation: Disbursements made to an investor are posted within two business days to the Servicer's investor records, or such other number of days specified in the transaction agreements. | |||||||
(d)(3)(iv) | Company’s obligation: Amounts remitted to investors per the investor reports agree with cancelled checks, or other form of payment, or custodial bank statements. | |||||||
World Omni Auto Receivables Trust 2024-B | (d)(2)(ii) | Company’s obligation: Disbursements made via wire transfer on behalf of an obligor or to an investor are made only by authorized personnel | ||||||
(d)(2)(iv) | Company’s obligation: The related accounts for the transaction, such as cash reserve accounts or accounts established as a form of over collateralization, are separately maintained (eg., with respect to commingling of cash) as set forth in the transaction agreements. | |||||||
(d)(2)(v) | Company’s obligation: Each custodial account is maintained at a federally insured depository institution as set forth in the transaction agreements. For purposes of this criterion, "federally insured depository institution" with respect to a foreign financial institution means a foreign financial institution that meets the requirements of Rule 13k-1(b)(1) of the Securities Exchange Act. | |||||||
(d)(3)(ii) | Company’s obligation: Amounts due to investors are allocated and remitted in accordance with time frames, distribution priority and other terms set forth in the transaction agreement | |||||||
(d)(3)(iii) | Company’s obligation: Disbursements made to an investor are posted within two business days to the Servicer's investor records, or such other number of days specified in the transaction agreements. | |||||||
(d)(3)(iv) | Company’s obligation: Amounts remitted to investors per the investor reports agree with cancelled checks, or other form of payment, or custodial bank statements. |
Transactions | Item 1122 | Applicable Activity | ||||||
World Omni Select Auto Trust 2021-A | (d)(2)(ii) | Company’s obligation: Disbursements made via wire transfer on behalf of an obligor or to an investor are made only by authorized personnel | ||||||
(d)(2)(iv) | Company’s obligation: The related accounts for the transaction, such as cash reserve accounts or accounts established as a form of over collateralization, are separately maintained (eg., with respect to commingling of cash) as set forth in the transaction agreements. | |||||||
(d)(2)(v) | Company’s obligation: Each custodial account is maintained at a federally insured depository institution as set forth in the transaction agreements. For purposes of this criterion, "federally insured depository institution" with respect to a foreign financial institution means a foreign financial institution that meets the requirements of Rule 13k-1(b)(1) of the Securities Exchange Act. | |||||||
(d)(3)(ii) | Company’s obligation: Amounts due to investors are allocated and remitted in accordance with time frames, distribution priority and other terms set forth in the transaction agreement | |||||||
(d)(3)(iii) | Company’s obligation: Disbursements made to an investor are posted within two business days to the Servicer's investor records, or such other number of days specified in the transaction agreements. | |||||||
(d)(3)(iv) | Company’s obligation: Amounts remitted to investors per the investor reports agree with cancelled checks, or other form of payment, or custodial bank statements. | |||||||
World Omni Auto Lease Securitization Trust 2023-A | (d)(2)(ii) | Company’s obligation: Disbursements made via wire transfer on behalf of an obligor or to an investor are made only by authorized personnel | ||||||
(d)(2)(iv) | Company’s obligation: The related accounts for the transaction, such as cash reserve accounts or accounts established as a form of over collateralization, are separately maintained (eg., with respect to commingling of cash) as set forth in the transaction agreements. | |||||||
(d)(2)(v) | Company’s obligation: Each custodial account is maintained at a federally insured depository institution as set forth in the transaction agreements. For purposes of this criterion, "federally insured depository institution" with respect to a foreign financial institution means a foreign financial institution that meets the requirements of Rule 13k-1(b)(1) of the Securities Exchange Act. | |||||||
(d)(3)(ii) | Company’s obligation: Amounts due to investors are allocated and remitted in accordance with time frames, distribution priority and other terms set forth in the transaction agreement | |||||||
(d)(3)(iii) | Company’s obligation: Disbursements made to an investor are posted within two business days to the Servicer's investor records, or such other number of days specified in the transaction agreements. | |||||||
(d)(3)(iv) | Company’s obligation: Amounts remitted to investors per the investor reports agree with cancelled checks, or other form of payment, or custodial bank statements. |
Transactions | Item 1122 | Applicable Activity | ||||||
World Omni Auto Lease Securitization Trust 2024-A | (d)(2)(ii) | Company’s obligation: Disbursements made via wire transfer on behalf of an obligor or to an investor are made only by authorized personnel | ||||||
(d)(2)(iv) | Company’s obligation: The related accounts for the transaction, such as cash reserve accounts or accounts established as a form of over collateralization, are separately maintained (eg., with respect to commingling of cash) as set forth in the transaction agreements. | |||||||
(d)(2)(v) | Company’s obligation: Each custodial account is maintained at a federally insured depository institution as set forth in the transaction agreements. For purposes of this criterion, "federally insured depository institution" with respect to a foreign financial institution means a foreign financial institution that meets the requirements of Rule 13k-1(b)(1) of the Securities Exchange Act. | |||||||
(d)(3)(ii) | Company’s obligation: Amounts due to investors are allocated and remitted in accordance with time frames, distribution priority and other terms set forth in the transaction agreement | |||||||
(d)(3)(iii) | Company’s obligation: Disbursements made to an investor are posted within two business days to the Servicer's investor records, or such other number of days specified in the transaction agreements. | |||||||
(d)(3)(iv) | Company’s obligation: Amounts remitted to investors per the investor reports agree with cancelled checks, or other form of payment, or custodial bank statements. | |||||||
Fifth Third Auto Trust 2023-1 | (d)(2)(ii) | Company's obligation: Disbursements made via wire transfer on behalf of an obligor or to an investor are made only by authorized personnel | ||||||
(d)(2)(iv) | Company’s obligation: The related accounts for the transaction, such as cash reserve accounts or accounts established as a form of over collateralization, are separately maintained (eg., with respect to commingling of cash) as set forth in the transaction agreements. | |||||||
(d)(2)(v) | Company’s obligation: Each custodial account is maintained at a federally insured depository institution as set forth in the transaction agreements. For purposes of this criterion, "federally insured depository institution" with respect to a foreign financial institution means a foreign financial institution that meets the requirements of Rule 13k-1(b)(1) of the Securities Exchange Act. | |||||||
(d)(3)(ii) | Company’s obligation: Amounts due to investors are allocated and remitted in accordance with time frames, distribution priority and other terms set forth in the transaction agreement | |||||||
(d)(2)(iii) | Company’s obligation: Disbursements made to an investor are posted within two business days to the Servicer's investor records, or such other number of days specified in the transaction agreements. | |||||||
(d)(3)(iv) | Company 's obligation: Amounts remitted to investors per the investor reports agree with cancelled checks, or other form of payment, or custodial bank statements. |