Exhibit 99.1
Nissan Auto Receivables 2021-A Owner Trust
Servicer’s Certificate
Collection Period |
31-Jul-25 | 30/360 Days | 30 | Collection Period Start | 1-Jul-25 | |||||||||||
Distribution Date |
15-Aug-25 | Actual/360 Days | 31 | Collection Period End | 31-Jul-25 | |||||||||||
Prior Month Settlement Date | 15-Jul-25 | |||||||||||||||
Current Month Settlement Date | 15-Aug-25 |
Coupon Rate | Initial Balance | Beginning Balance | Ending Balance | Pool Factor | ||||||||||||||||
Pool Balance |
1,113,826,202.14 | 74,073,621.43 | 65,138,473.31 | 0.062533 | ||||||||||||||||
Yield Supplement Overcollaterization |
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72,159,533.65 | 1,305,016.11 | 1,168,351.75 | ||||||||||||||||
Total Adjusted Pool Balance |
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1,041,666,668.49 | 72,768,605.32 | 63,970,121.56 | ||||||||||||||||
Total Adjusted Securities |
1,041,666,668.49 | 72,768,605.32 | 63,970,121.56 | 0.061411 | ||||||||||||||||
Class A-1 Notes |
0.05908 | % | 172,000,000.00 | 0.00 | 0.00 | 0.000000 | ||||||||||||||
Class A-2a Notes |
0.16000 | % | 356,500,000.00 | 0.00 | 0.00 | 0.000000 | ||||||||||||||
Class A-2b Notes |
0.00000 | % | 0.00 | 0.00 | 0.00 | 0.000000 | ||||||||||||||
Class A-3 Notes |
0.33000 | % | 356,500,000.00 | 0.00 | 0.00 | 0.000000 | ||||||||||||||
Class A-4 Notes |
0.57000 | % | 115,000,000.00 | 31,101,936.83 | 22,303,453.07 | 0.193943 | ||||||||||||||
Certificates |
0.00000 | % | 41,666,668.49 | 41,666,668.49 | 41,666,668.49 | 1.000000 | ||||||||||||||
Principal Payment | Interest Payment | Principal per $1000 Face Amount |
Interest per $1000 Face Amount |
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Class A-1 Notes |
0.00 | 0.00 | — | — | ||||||||||||||||
Class A-2a Notes |
0.00 | 0.00 | — | — | ||||||||||||||||
Class A-2b Notes |
0.00 | 0.00 | — | — | ||||||||||||||||
Class A-3 Notes |
0.00 | 0.00 | — | — | ||||||||||||||||
Class A-4 Notes |
8,798,483.76 | 14,773.42 | 76.5085544 | 0.1284645 | ||||||||||||||||
Certificates |
0.00 | 0.00 | — | — | ||||||||||||||||
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Total Securities |
8,798,483.76 | 14,773.42 | ||||||||||||||||||
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I. COLLECTIONS |
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Interest: |
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Interest Collections |
97,306.78 | |||||||||||||||||||
Repurchased Loan Proceeds Related to Interest |
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0.00 | ||||||||||||||||||
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Total Interest Collections |
97,306.78 | |||||||||||||||||||
Principal: |
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Principal Collections |
8,960,641.11 | |||||||||||||||||||
Repurchased Loan Proceeds Related to Principal |
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0.00 | ||||||||||||||||||
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Total Principal Collections |
8,960,641.11 | |||||||||||||||||||
Recoveries of Defaulted Receivables |
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53,845.03 | ||||||||||||||||||
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Total Collections |
9,111,792.92 | |||||||||||||||||||
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II. COLLATERAL POOL BALANCE DATA |
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Number | Amount | |||||||||||||||||||
Adjusted Pool Balance - Beginning of Period |
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14,397 | 72,768,605.32 | |||||||||||||||||
Total Principal Payment |
8,798,483.76 | |||||||||||||||||||
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12,719 | 63,970,121.56 |
Nissan Auto Receivables 2021-A Owner Trust
Servicer’s Certificate
III. DISTRIBUTIONS |
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Total Collections |
9,111,792.92 | |||
Reserve Account Draw |
0.00 | |||
Total Available for Distribution |
9,111,792.92 | |||
1. Reimbursement of Advance |
0.00 | |||
2. Servicing Fee: |
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Servicing Fee Due |
61,728.02 | |||
Servicing Fee Paid |
61,728.02 | |||
Servicing Fee Shortfall |
0.00 | |||
3. Interest: |
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Class A-1 Notes Monthly Interest |
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Class A-1 Notes Interest Carryover Shortfall |
0.00 | |||
Class A-1 Notes Interest on Interest Carryover Shortfall |
0.00 | |||
Class A-1 Notes Monthly Interest Distributable Amount |
0.00 | |||
Class A-1 Notes Monthly Interest Paid |
0.00 | |||
Change in Class A-1 Notes Interest Carryover Shortfall |
0.00 | |||
Class A-2a Notes Monthly Interest |
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Class A-2a Notes Interest Carryover Shortfall |
0.00 | |||
Class A-2a Notes Interest on Interest Carryover Shortfall |
0.00 | |||
Class A-2a Notes Monthly Interest Distributable Amount |
0.00 | |||
Class A-2a Notes Monthly Interest Paid |
0.00 | |||
Change in Class A-2a Notes Interest Carryover Shortfall |
0.00 | |||
Class A-2b Notes Monthly Interest |
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Class A-2b Notes Interest Carryover Shortfall |
0.00 | |||
Class A-2b Notes Interest on Interest Carryover Shortfall |
0.00 | |||
Class A-2b Notes Monthly Interest Distributable Amount |
0.00 | |||
Class A-2b Notes Monthly Interest Paid |
0.00 | |||
Change in Class A-2b Notes Interest Carryover Shortfall |
0.00 | |||
Class A-3 Notes Monthly Interest |
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Class A-3 Notes Interest Carryover Shortfall |
0.00 | |||
Class A-3 Notes Interest on Interest Carryover Shortfall |
0.00 | |||
Class A-3 Notes Monthly Interest Distributable Amount |
0.00 | |||
Class A-3 Notes Monthly Interest Paid |
0.00 | |||
Change in Class A-3 Notes Interest Carryover Shortfall |
0.00 | |||
Class A-4 Notes Monthly Interest |
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Class A-4 Notes Interest Carryover Shortfall |
0.00 | |||
Class A-4 Notes Interest on Interest Carryover Shortfall |
0.00 | |||
Class A-4 Notes Monthly Interest Distributable Amount |
14,773.42 | |||
Class A-4 Notes Monthly Interest Paid |
14,773.42 | |||
Change in Class A-4 Notes Interest Carryover Shortfall |
0.00 |
Nissan Auto Receivables 2021-A Owner Trust
Servicer’s Certificate
Total Note Monthly Interest |
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Total Note Monthly Interest Due |
14,773.42 | |||||||
Total Note Monthly Interest Paid |
14,773.42 | |||||||
Total Note Interest Carryover Shortfall |
0.00 | |||||||
Change in Total Note Interest Carryover Shortfall |
0.00 | |||||||
Total Available for Principal Distribution |
9,035,291.48 | |||||||
4. Total Monthly Principal Paid on the Notes |
8,798,483.76 | |||||||
Total Noteholders’ Principal Carryover Shortfall |
0.00 | |||||||
Total Noteholders’ Principal Distributable Amount |
8,798,483.76 | |||||||
Change in Total Noteholders’ Principal Carryover Shortfall |
0.00 | |||||||
5. Total Monthly Principal Paid on the Certificates |
0.00 | |||||||
Total Certificateholders’ Principal Carryover Shortfall |
0.00 | |||||||
Total Certificateholders’ Principal Distributable Amount |
0.00 | |||||||
Change in Total Certificateholders’ Principal Carryover Shortfall |
0.00 | |||||||
Remaining Available Collections |
236,807.72 | |||||||
Deposit from Remaining Available Collections to fund Reserve Account |
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0.00 | ||||||
Remaining Available Collections Released to Certificateholder |
236,807.72 | |||||||
V. RESERVE ACCOUNT |
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Initial Reserve Account Amount |
2,604,166.67 | |||||||
Required Reserve Account Amount |
2,604,166.67 | |||||||
Beginning Reserve Account Balance |
2,604,166.67 | |||||||
Deposit of Remaining Available Collections |
0.00 | |||||||
Ending Reserve Account Balance |
2,604,166.67 | |||||||
Required Reserve Account Amount for Next Period |
2,604,166.67 | |||||||
VI. POOL STATISTICS |
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Weighted Average Coupon |
1.50 | % | ||||||
Weighted Average Remaining Maturity |
13.17 | |||||||
Amount | Number | |||||||
Principal on Defaulted Receivables |
(25,492.99 | ) | -3 | |||||
Principal Recoveries of Defaulted Receivables |
53,845.03 | |||||||
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Monthly Net Losses |
(79,338.02 | ) | ||||||
Pool Balance at Beginning of Collection Period |
74,073,621.43 | |||||||
Net Loss Ratio for Third Preceding Collection Period |
-0.21 | % | ||||||
Net Loss Ratio for Second Preceding Collection Period |
-0.73 | % | ||||||
Net Loss Ratio for Preceding Collection Period |
-0.66 | % | ||||||
Net Loss Ratio for Current Collection Period |
-1.29 | % | ||||||
Four-Month Average Net Loss Ratio |
-0.72 | % | ||||||
Cumulative Net Losses for all Periods |
2,521,162.09 |
Nissan Auto Receivables 2021-A Owner Trust
Servicer’s Certificate
Amount | Number | % of Receivables (EOP Balance) |
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Delinquent Receivables: |
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31-60 Days Delinquent |
1,170,005.75 | 173 | 1.80 | % | ||||||||
61-90 Days Delinquent |
185,628.20 | 27 | 0.28 | % | ||||||||
91-120 Days Delinquent |
32,110.87 | 5 | 0.05 | % | ||||||||
More than 120 Days |
0.00 | 0 | 0.00 | % | ||||||||
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Total 31+ Days Delinquent Receivables: |
1,387,744.82 | 205 | 2.13 | % | ||||||||
61+ Days Delinquencies as Percentage of Receivables (EOP): |
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Delinquency Ratio for Third Preceding Collection Period |
0.17 | % | 0.14 | % | ||||||||
Delinquency Ratio for Second Preceding Collection Period |
0.20 | % | 0.16 | % | ||||||||
Delinquency Ratio for Preceding Collection Period |
0.22 | % | 0.16 | % | ||||||||
Delinquency Ratio for Current Collection Period |
0.33 | % | 0.25 | % | ||||||||
Four-Month Average Delinquency Ratio |
0.23 | % | 0.18 | % | ||||||||
60 Day Delinquent Receivables |
230,587.63 | |||||||||||
Delinquency Percentage |
0.35 | % | ||||||||||
Delinquency Trigger |
4.90 | % | ||||||||||
Does the Delinquency Percentage exceed the Delinquency Trigger? |
No | |||||||||||
Principal Balance of Extensions |
343,208.29 | |||||||||||
Number of Extensions |
45 | |||||||||||
VII. STATEMENTS TO NOTEHOLDERS |
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1. Has there been a material change in practices with respect to charge-offs, collection and management of delinquent Receivables, and the effect of any grace period, re-aging, re-structuring, partial payments or other practices on delinquency and loss experience? |
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NO | ||||||||||
2. Have there been any material breaches of representations, warranties or covenants contained in the Receivables? |
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NO | ||||||||||
3. Has there been an issuance of notes or other securities backed by the Receivables? |
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NO | ||||||||||
4. Has there been a material change in the underwriting, origination or acquisition of Receivables? |
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NO |