Document:

Exhibit 4.5

 

 

CNH
EQUIPMENT TRUST 2006-A

ADMINISTRATION
AGREEMENT

 

among

 

CNH
EQUIPMENT TRUST 2006-A,

as Issuing Entity,

 

and

 

NEW
HOLLAND CREDIT COMPANY, LLC,

as Administrator,

 

and

 

JPMORGAN
CHASE BANK, N.A.

as Indenture Trustee.

 

Dated as of March 1, 2006

 

 

 

Table of
Contents

 

	
   

  	
   

  	
  Page

  
	
   

  	
   

  	
   

  
	
  1.

  	
  DUTIES OF THE ADMINISTRATOR

  	
  2

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  (a)

  	
  Duties with Respect to the Indenture and the
  Depository Agreement

  	
  2

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  (b)

  	
  Duties with Respect to the Trust

  	
  4

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  (c)

  	
  Non-Ministerial Matters

  	
  6

  
	
   

  	
   

  	
   

  
	
  2.

  	
  RECORDS

  	
  6

  
	
   

  	
   

  	
   

  
	
  3.

  	
  COMPENSATION

  	
  6

  
	
   

  	
   

  	
   

  
	
  4.

  	
  ADDITIONAL INFORMATION TO BE
  FURNISHED TO THE ISSUING ENTITY

  	
  6

  
	
   

  	
   

  	
   

  
	
  5.

  	
  INDEPENDENCE OF THE
  ADMINISTRATOR

  	
  6

  
	
   

  	
   

  	
   

  
	
  6.

  	
  NO JOINT VENTURE

  	
  7

  
	
   

  	
   

  	
   

  
	
  7.

  	
  OTHER ACTIVITIES OF THE
  ADMINISTRATOR

  	
  7

  
	
   

  	
   

  	
   

  
	
  8.

  	
  TERM OF AGREEMENT; RESIGNATION
  AND REMOVAL OF THE ADMINISTRATOR

  	
  7

  
	
   

  	
   

  	
   

  
	
  9.

  	
  ACTION UPON TERMINATION,
  RESIGNATION OR REMOVAL

  	
  9

  
	
   

  	
   

  	
   

  
	
  10.

  	
  NOTICES

  	
  9

  
	
   

  	
   

  	
   

  
	
  11.

  	
  AMENDMENTS

  	
  10

  
	
   

  	
   

  	
   

  
	
  12.

  	
  SUCCESSORS AND ASSIGNS

  	
  11

  
	
   

  	
   

  	
   

  
	
  13.

  	
  GOVERNING LAW

  	
  11

  
	
   

  	
   

  	
   

  
	
  14.

  	
  HEADINGS

  	
  11

  
	
   

  	
   

  	
   

  
	
  15.

  	
  COUNTERPARTS

  	
  11

  
	
   

  	
   

  	
   

  
	
  16.

  	
  SEVERABILITY

  	
  11

  
	
   

  	
   

  	
   

  
	
  17.

  	
  NOT APPLICABLE TO NEW HOLLAND
  CREDIT COMPANY, LLC IN OTHER CAPACITIES

  	
  11

  
	
   

  	
   

  	
   

  
	
  18.

  	
  LIMITATION OF LIABILITY OF THE
  TRUSTEE AND THE INDENTURE TRUSTEE

  	
  11

  
	
   

  	
   

  	
   

  
	
  19.

  	
  THIRD-PARTY BENEFICIARY

  	
  12

  
	
   

  	
   

  	
   

  
	
  20.

  	
  INDEMNIFICATION

  	
  12

  
	
   

  	
   

  	
   

  
	
  21.

  	
  INFORMATION REQUESTS

  	
  12

  

 

i

 

ADMINISTRATION
AGREEMENT dated as of March 1, 2006, among CNH
EQUIPMENT TRUST 2006-A, a Delaware statutory trust (the “Issuing Entity”), NEW HOLLAND
CREDIT COMPANY, LLC, a Delaware limited liability company, as administrator
(the “Administrator”),
and JPMORGAN CHASE BANK, N.A., a national banking association, not in its
individual capacity but solely as Indenture Trustee (the “Indenture Trustee”).

 

RECITALS

 

WHEREAS,
the Issuing Entity is issuing: (a) 4.98925% Class A-1 Asset Backed Notes,
5.180% Class A-2 Asset Backed Notes, 5.200% Class A-3 Asset Backed Notes,
5.270% Class A-4 Asset Backed Notes, (collectively, the “Class A Notes”) and 5.400% Class
B Asset Backed Notes (the “Class B Notes” and, together with the Class A Notes, the “Notes”) pursuant
to the Indenture, dated as of the date hereof (as amended and supplemented from
time to time in accordance with the provisions thereof, the “Indenture”),
between the Issuing Entity and the Indenture Trustee (capitalized terms used
herein and not otherwise defined herein are defined in Appendix A to the
Indenture);

 

WHEREAS,
the Issuing Entity has entered into certain agreements in connection with the
issuance of the Notes and of certain beneficial ownership interests of the
Issuing Entity, including: (i) a Sale and Servicing Agreement, dated as of the
date hereof (as amended and supplemented from time to time, the “Sale and Servicing
Agreement”), among the Issuing Entity, New Holland Credit Company,
LLC, as servicer (the “Servicer”),
and CNH Capital Receivables LLC, a Delaware limited liability company, as
seller (the “Seller”),
(ii) a Depository Agreement, dated March [   ], 2006 (the “Depository Agreement”),
among the Issuing Entity and The Depository Trust Company, (iii) the Indenture
and (iv) a Trust Agreement, dated as of the date hereof (the “Trust Agreement”),
between the Seller and the Trustee (the Sale and Servicing Agreement, the
Depository Agreement, the Indenture and the Trust Agreement being hereinafter
referred to collectively as the “Related Agreements”);

 

WHEREAS,
pursuant to the Related Agreements, the Issuing Entity and the Trustee are
required to perform certain duties in connection with: (a) the Notes and the
collateral therefor pledged pursuant to the Indenture (the “Collateral”) and
(b) the beneficial ownership interests in the Issuing Entity (the registered
holders of such interests being referred to herein as the “Owners”);

 

WHEREAS,
the Issuing Entity and the Trustee desire to have the Administrator perform
certain of the duties of the Issuing Entity and the Trustee referred to in the
preceding clause, and to provide such additional services consistent with this
Agreement and the Related Agreements as the Issuing Entity and the Trustee may
from time to time request;

 

WHEREAS,
the Administrator has the capacity to provide the services required hereby and
is willing to perform such services for the Issuing Entity and the Trustee on
the terms set forth herein;

 

NOW, THEREFORE,
in consideration of the mutual terms and covenants contained herein, and other
good and valuable consideration, the receipt and adequacy of which are hereby
acknowledged, the parties agree as follows:

 

1

 

1.  Duties of the
Administrator.

 

(a)  Duties with Respect to the Indenture and
the Depository Agreement. The Administrator shall perform all of its duties
as Administrator and the duties of the Issuing Entity and the Trustee under the
Indenture and the Depository Agreement. In addition, the Administrator shall
consult with the Trustee regarding the duties of the Issuing Entity and the
Trustee under such documents. The Administrator shall monitor the performance
of the Issuing Entity and shall advise the Trustee when action is necessary to
comply with the Issuing Entity’s or the Trustee’s duties under such documents.
The Administrator shall prepare for execution by the Issuing Entity or shall
cause the preparation by other appropriate persons of all such documents,
reports, filings, instruments, certificates and opinions as it shall be the
duty of the Issuing Entity or the Trustee to prepare, file or deliver pursuant
to such documents. In furtherance of the foregoing, the Administrator shall
take all appropriate action that is the duty of the Issuing Entity or the
Trustee to take pursuant to such documents, including, without limitation, such
of the foregoing as are required with respect to the following matters
(references in this Section are to sections of the Indenture):

 

(i)  the duty to cause the Note Register to be
kept and to give the Indenture Trustee notice of any appointment of a new Note
Registrar and the location, or change in location, of the Note Register
(Section 2.4);

 

(ii)  the fixing or causing to be fixed of any
specified record date and the notification of the Indenture Trustee and
Noteholders with respect to special payment dates, if any (Section 2.7(c));

 

(iii)  the preparation of or obtaining of the
documents and instruments required for authentication of the Notes and delivery
of the same to the Indenture Trustee (Section 2.2);

 

(iv)  the preparation, obtaining or filing of the
instruments, opinions, certificates and other documents required for the
release of the Collateral (Section 2.9);

 

(v)  [reserved];

 

(vi)  the duty to cause newly appointed Paying
Agents, if any, to deliver to the Indenture Trustee the instrument specified in
the Indenture regarding funds held in trust (Section 3.3);

 

(vii)  the direction to the Paying Agents to deposit
moneys with the Indenture Trustee (Section 3.3);

 

(viii)  the obtaining and preservation of the Issuing
Entity’s qualification to do business in each jurisdiction in which such
qualification is or shall be necessary to protect the validity and
enforceability of the Indenture, the Notes, the Collateral and each other
instrument and agreement included in the Trust Estate (Section 3.4);

 

(ix)  the preparation of all supplements,
amendments, financing statements, continuation statements, instruments of
further assurance and other instruments, in 

 

2

 

accordance with Section
3.5 of the Indenture, necessary to protect the Trust Estate (Section 3.5);

 

(x)  the delivery of the Opinion of Counsel on the
Closing Date and the annual delivery of Opinions of Counsel, in accordance with
Section 3.6 of the Indenture, as to the Trust Estate, and the annual delivery
of the Officer’s Certificate and certain other statements, in accordance with
Section 3.9 of the Indenture, as to compliance with the Indenture (Sections 3.6
and 3.9);

 

(xi)  the identification to the Indenture Trustee
in an Officer’s Certificate of a Person with whom the Issuing Entity has
contracted to perform its duties under the Indenture (Section 3.7(b));

 

(xii)  the notification of the Indenture Trustee and
the Rating Agencies of a Servicer Default pursuant to the Sale and Servicing
Agreement and, if such Servicer Default arises from the failure of the Servicer
to perform any of its duties under the Sale and Servicing Agreement, the taking
of all reasonable steps available to remedy such failure (Section 3.7(d));

 

(xiii)  the preparation and obtaining of documents
and instruments required for the release of the Issuing Entity from its
obligations under the Indenture (Section 3.10(b));

 

(xiv)  the delivery of notice to the Indenture
Trustee and the Rating Agencies of (a) each Event of Default under the
Indenture, (b) each default by the Servicer or Seller under the Sale and
Servicing Agreement and (c) each default by CNHCA under the Purchase Agreement
(Section 3.19);

 

(xv)  the monitoring of the Issuing Entity’s
obligations as to the satisfaction and discharge of the Indenture and the
preparation of an Officer’s Certificate and the obtaining of the Opinion of
Counsel and the Independent Certificate relating thereto (Section 4.1);

 

(xvi)  the compliance with any written directive of
the Indenture Trustee with respect to the sale of the Trust Estate in a
commercially reasonable manner if an Event of Default shall have occurred and
be continuing (Section 5.4);

 

(xvii)  the furnishing to the Indenture Trustee of
the names and addresses of Noteholders during any period when the Indenture
Trustee is not the Note Registrar (Section 7.1);

 

(xviii)  the preparation, execution and filing with
the Commission and the Indenture Trustee of documents required to be filed on a
periodic basis with, and summaries thereof as may be required by rules and
regulations prescribed by, the Commission and the transmission of such
summaries, as necessary, to the Noteholders (Section 7.3);

 

3

 

(xix)  the opening of one or more accounts in the
Trust’s name, the preparation of Issuing Entity Orders, Officer’s Certificates
and Opinions of Counsel and all other actions necessary with respect to
investment and reinvestment of funds in the Trust Accounts (Sections 8.2 and
8.3);

 

(xx)  the preparation of an Issuing Entity Request
and Officer’s Certificate and the obtaining of an Opinion of Counsel and
Independent Certificates, if necessary, for the release of the Trust Estate as
defined in the Indenture (Sections 8.4 and 8.5);

 

(xxi)  the preparation of Issuing Entity Orders and
the obtaining of Opinions of Counsel with respect to the execution of
supplemental indentures and the mailing to the Noteholders of notices with
respect to such supplemental indentures (Sections 9.1, 9.2 and 9.3);

 

(xxii)  the execution and delivery of new Notes
conforming to any supplemental indenture (Section 9.6);

 

(xxiii)  the notification of Noteholders of redemption
of the Notes or the duty to cause the Indenture Trustee to provide such
notification (Section 10.2);

 

(xxiv)  the preparation of all Officer’s
Certificates, Opinions of Counsel and Independent Certificates with respect to
any requests by the Issuing Entity to the Indenture Trustee to take any action
under the Indenture (Section 11.1(a));

 

(xxv)  the preparation and delivery of Officer’s
Certificates and the obtaining of Independent Certificates, if necessary, for
the release of property from the lien of the Indenture (Section 11.1(b));

 

(xxvi)  the preparation and delivery to Noteholders
and the Indenture Trustee of any agreements with respect to alternate payment
and notice provisions (Section 11.6); and

 

(xxvii)  the recording of the Indenture, if applicable
(Section 11.15).

 

(b)  Duties with Respect to the Trust. (i)  In addition to the duties of the Administrator
set forth above, the Administrator shall perform such calculations, and shall
prepare for execution by the Issuing Entity or the Trustee or shall cause the
preparation by other appropriate persons of all such documents, reports,
filings, instruments, certificates and opinions, as it shall be the duty of the
Issuing Entity or the Trustee to perform, prepare, file or deliver pursuant to
the Related Agreements, and at the request of the Trustee shall take all
appropriate action that it is the duty of the Issuing Entity or the Trustee to
take pursuant to the Related Agreements. Subject to Section 5 of this Agreement, and
in accordance with the directions of the Trustee, the Administrator shall
administer, perform or supervise the performance of such other activities in
connection with the Collateral (including the Related Agreements) as are not
covered by any of the foregoing and as are expressly requested by the Trustee
and are reasonably within the capability of the Administrator.

 

4

 

(ii)  Notwithstanding anything in this Agreement or
the Related Agreements to the contrary, if any Certificates are held by any
Person other than the Depositor the Administrator shall be responsible for
promptly notifying the Trustee in the event that any withholding tax is imposed
on the Trust’s payments (or allocations of income) to an Owner as contemplated
in Section 5.2(c) of the Trust Agreement. Any such notice shall specify the
amount of any withholding tax required to be withheld by the Trustee pursuant
to such provision.

 

(iii)  Notwithstanding anything in this Agreement or
the Related Agreements to the contrary, the Administrator shall be responsible
for performance of the duties of the Trustee (if any) set forth in Sections
5.2(a), (b) and (c), the first sentence of Section 5.5 and Section 5.6(a) of
the Trust Agreement with respect to, among other things, accounting and reports
to Owners; provided,
however, that the Trustee shall retain responsibility for the
distribution of the Schedule K-1s necessary to enable each Owner to prepare its
federal and state income tax returns.

 

(iv)  If any Certificates are held by any Person
other than the Depositor, the Administrator shall satisfy its obligations with
respect to clauses
(ii) and (iii)
by retaining, at the expense of the Trust payable by the Servicer, a firm of
Independent certified public accountants (the “Accountants”) reasonably
acceptable to the Trustee, which Accountants shall perform the obligations of
the Administrator thereunder. In connection with clause (ii), the Accountants will
provide, on or prior to the date on which the Trustee receives its notice from
the Administrator under such clause, a letter in form and substance
satisfactory to the Trustee as to whether any tax withholding is then required
and, if required, the procedures to be followed with respect thereto to comply
with the requirements of the Code. The Accountants shall be required to update
the letter in each instance that any additional tax withholding is subsequently
required or any previously required tax withholding shall no longer be
required.

 

(v)  The Administrator shall perform the duties of
the Administrator specified in Section 10.2 of the Trust Agreement required to
be performed in connection with the resignation or removal of the Trustee, and
any other duties expressly required to be performed by the Administrator under
the Trust Agreement.

 

(vi)  In carrying out the foregoing duties or any
of its other obligations under this Agreement, the Administrator may enter into
transactions with or otherwise deal with any of its affiliates; provided, however,
that the terms of any such transactions or dealings shall be in accordance with
any directions received from the Issuing Entity and shall be, in the
Administrator’s opinion, no less favorable to the Issuing Entity than would be
available from unaffiliated parties.

 

(vii)  The Administrator hereby agrees to execute on
behalf of the Issuing Entity all such documents, reports, filings, instruments,
certificates and opinions as it shall be the duty of the Issuing Entity to
prepare, file or deliver pursuant to the Basic Documents or otherwise by law.

 

5

 

(c)  Non-Ministerial Matters. (i)  With respect to matters that in the reasonable
judgment of the Administrator are non-ministerial, the Administrator shall not
take any action unless within a reasonable time before the taking of such
action the Administrator shall have notified the Trustee of the proposed action
and the Trustee shall not have withheld consent or provided an alternative
direction. For the purpose of the preceding sentence, “non-ministerial matters”
shall include, without limitation:

 

(A)  the amendment of or any supplement to the
Indenture;

 

(B)  the initiation of any claim or lawsuit by the
Issuing Entity and the compromise of any action, claim or lawsuit brought by or
against the Issuing Entity (other than in connection with the collection of the
Receivables);

 

(C)  the amendment, change or modification of the
Related Agreements;

 

(D)  the appointment of successor Note Registrars,
successor Paying Agents and successor Trustees pursuant to the Indenture or the
appointment of successor Administrators or successor Servicers, or the consent
to the assignment by the Note Registrar, Paying Agent or Indenture Trustee of
its obligations under the Indenture; and

 

(E)  the removal of the Indenture Trustee.

 

(ii)  Notwithstanding anything to the contrary in
this Agreement, the Administrator shall not be obligated to, and shall not: (x)
make any payments to the Noteholders under the Related Agreements, (y) sell the
Trust Estate pursuant to Section 5.4 of the Indenture or (z) take any other
action that the Issuing Entity directs the Administrator not to take on its
behalf.

 

2.  Records.  The Administrator shall maintain appropriate
books of account and records relating to services performed hereunder, which
books of account and records shall be accessible for inspection by the Issuing
Entity, the Indenture Trustee and the Depositor at any time during normal
business hours.

 

3.  Compensation.  As compensation for the performance of the
Administrator’s obligations under this Agreement and as reimbursement for its
expenses related thereto, the Administrator shall be entitled to $500 per
quarter payable in arrears on each Payment Date, which payment shall be solely
an obligation of the Issuing Entity.

 

4.  Additional Information to
Be Furnished to the Issuing Entity.  The Administrator shall furnish to the
Issuing Entity from time to time such additional information regarding the
Collateral as the Issuing Entity shall reasonably request.

 

5.  Independence of the
Administrator.  For all
purposes of this Agreement, the Administrator shall be an independent
contractor and shall not be subject to the supervision of the Issuing Entity or
the Trustee with respect to the manner in which it accomplishes the performance
of its obligations hereunder. Unless expressly authorized by the Issuing
Entity, the Administrator shall have no authority to act for or represent the
Issuing Entity or the Trustee in 

 

6

 

any way (other than as
permitted hereunder) and shall not otherwise be deemed an agent of the Issuing
Entity or the Trustee.

 

6.  No Joint Venture.  Nothing contained in this Agreement:  (i) shall constitute the Administrator and
either of the Issuing Entity or the Trustee as members of any partnership,
joint venture, association, syndicate, unincorporated business or other
separate entity, (ii) shall be construed to impose any liability as such on any
of them or (iii) shall be deemed to confer on any of them any express, implied
or apparent authority to incur any obligation or liability on behalf of the
others.

 

7.  Other Activities of the
Administrator.  Nothing
herein shall prevent the Administrator or its Affiliates from engaging in other
businesses or, in their sole discretion, from acting in a similar capacity as
an administrator for any other Person even though such Person may engage in
business activities similar to those of the Issuing Entity, the Trustee or the
Indenture Trustee.

 

8.  Term of Agreement;
Resignation and Removal of the Administrator.  (a)  This Agreement shall continue in force until
the dissolution of the Issuing Entity, upon which event this Agreement shall
automatically terminate.

 

(b)  Subject to Section 8(e), the Administrator
may resign its duties hereunder by providing the Issuing Entity, the Trustee,
the Indenture Trustee and the Servicer with at least 60 days’ prior written
notice.

 

(c)  Subject to Section 8(e), the Issuing Entity
may remove the Administrator without cause by providing the Administrator, the
Trustee, the Indenture Trustee and the Servicer with at least 60 days’ prior
written notice.

 

(d)  Subject to Section 8(e), at the sole option
of the Issuing Entity, the Administrator may be removed immediately upon written
notice of termination from the Issuing Entity to the Administrator, the
Trustee, the Indenture Trustee and the Servicer if any of the following events
shall occur:

 

(i)  the Administrator shall default in the
performance of any of its duties under this Agreement and, after notice of such
default, shall not cure such default within ten days (or, if such default
cannot be cured in such time, shall not give within ten days such assurance of
cure as shall be reasonably satisfactory to the Issuing Entity);

 

(ii)  a court having jurisdiction in the premises
shall enter a decree or order for relief, and such decree or order shall not
have been vacated within 60 days, in respect of the Administrator in any
involuntary case under any applicable bankruptcy, insolvency or other similar
law now or hereafter in effect or appoint a receiver, liquidator, assignee,
custodian, trustee, sequestrator or similar official for the Administrator or
any substantial part of its property or order the winding-up or liquidation of
its affairs; or

 

(iii)  the Administrator shall commence a voluntary
case under any applicable bankruptcy, insolvency or other similar law now or
hereafter in effect, shall consent to the entry of an order for relief in an
involuntary case under any such law, or shall consent to the appointment of a
receiver, liquidator, assignee, trustee, custodian, sequestrator or 

 

7

 

similar official for the
Administrator or any substantial part of its property, shall consent to the
taking of possession by any such official of any substantial part of its
property, shall make any general assignment for the benefit of creditors or
shall fail generally to pay its debts as they become due.

 

The Administrator agrees that if any of the events
specified in clauses
(ii) or (iii)
of this subsection shall occur, it shall give written notice thereof
to the Issuing Entity, the Servicer, the Trustee and the Indenture Trustee
within seven days after the happening of such event.

 

(e)  Upon the Administrator’s receipt of notice of
termination, pursuant to Sections 8(c) or (d), or the Administrator’s resignation in accordance with
this Agreement, the predecessor Administrator shall continue to perform its
functions as Administrator under this Agreement, in the case of termination,
only until the date specified in such termination notice or, if no such date is
specified in a notice of termination, until receipt of such notice and, in the
case of resignation, until the later of: (x) the date 45 days from the delivery
to the Issuing Entity, the Trustee, the Indenture Trustee and the Servicer of
written notice of such resignation (or written confirmation of such notice) in
accordance with this Agreement and (y) the date upon which the predecessor
Administrator shall become unable to act as Administrator, as specified in the
notice of resignation and accompanying Opinion of Counsel. In the event of the
Administrator’s termination hereunder, the Issuing Entity shall appoint a
successor Administrator acceptable to the Indenture Trustee, and the successor
Administrator shall accept its appointment by a written assumption in form
acceptable to the Indenture Trustee. In the event that a successor
Administrator has not been appointed at the time when the predecessor
Administrator has ceased to act as Administrator in accordance with this
Section, the Indenture Trustee without further action shall automatically be
appointed the successor Administrator and the Indenture Trustee shall be
entitled to the compensation specified in Section 3. Notwithstanding the
above, the Indenture Trustee shall, if it shall be unable so to act, appoint or
petition a court of competent jurisdiction to appoint any established
institution having a net worth of not less than $50,000,000 and whose regular
business shall include the performance of functions similar to those of the
Administrator, as the successor to the Administrator under this Agreement.

 

(f)  Upon appointment, the successor Administrator
(including the Indenture Trustee acting as successor Administrator) shall be
the successor in all respects to the predecessor Administrator and shall be
subject to all the responsibilities, duties and liabilities arising thereafter
relating thereto placed on the predecessor Administrator and shall be entitled
to the compensation specified in Section 3 and all the rights granted to the predecessor
Administrator by the terms and provisions of this Agreement.

 

(g)  Except when and if the Indenture Trustee is
appointed successor Administrator, the Administrator may not resign unless it
is prohibited from serving as such by law as evidenced by an Opinion of Counsel
to such effect delivered to the Indenture Trustee. No resignation or removal of
the Administrator pursuant to this Section shall be effective until: (i) a
successor Administrator shall have been appointed by the Issuing Entity and
(ii) such successor Administrator shall have agreed in writing to be bound by
the terms of this Agreement in the same manner as the Administrator is bound
hereunder.

 

8

 

(h)  The appointment of any successor
Administrator shall be effective only after satisfaction of the Rating Agency
Condition with respect to the proposed appointment.

 

9.  Action upon Termination,
Resignation or Removal. 
Promptly upon the effective date of termination of this Agreement
pursuant to Section
8(a), or the resignation or removal of the Administrator pursuant to
Section 8(b) or (c),
respectively, the Administrator shall be entitled to be paid all fees and
reimbursable expenses accruing to it to the date of such termination,
resignation or removal. The Administrator shall forthwith upon such termination
pursuant to Section
8(a) deliver to the Issuing Entity all property and documents of or
relating to the Collateral then in the custody of the Administrator. In the
event of the resignation or removal of the Administrator pursuant to Section 8(b) or (c),
respectively, the Administrator shall cooperate with the Issuing Entity and the
Indenture Trustee and take all reasonable steps requested to assist the Issuing
Entity and the Indenture Trustee in making an orderly transfer of the duties of
the Administrator.

 

10.  Notices.  Any notice, report or other communication
given hereunder shall be in writing and addressed as follows:

 

(a)  if to the Issuing Entity or the Trustee, to:

 

CNH Equipment Trust 2006-A

c/o The Bank of New York

101 Barclay Street, Floor 8W

New York, New York  10286

Attention: Corporate Trust Administration - Asset Backed Finance Unit

 

(b)  if to the Administrator, to:

 

New Holland Credit Company, LLC 

33 South Railroad Avenue

New Holland, Pennsylvania  17557

Attention: Finance Manager

 

with a copy to:

 

New Holland Credit Company, LLC

100 South Saunders Road

Lake Forest, Illinois 60045

Attention: Senior Counsel

 

(c)  if to the Indenture Trustee, to:

 

9

 

JPMorgan Chase Bank, N.A.

227 West Monroe Street, 26th Floor 

Chicago, Illinois  60606

Attention: Institutional Trust Services Group – CNH Equipment Trust

2006-A

 

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.

 

11.  Amendments.  This Agreement may be amended from time to
time by a written amendment duly executed and delivered by the Issuing Entity,
the Administrator and the Indenture Trustee, with the written consent of the
Trustee, but without the consent of any of the Noteholders or the
Certificateholders, to cure any ambiguity, to correct or supplement provisions
of this Agreement or for the purpose of adding any provisions to or changing in
any manner or eliminating any of the provisions of this Agreement or of
modifying in any manner the rights of the Noteholders or the
Certificateholders; provided,
however, that such amendment shall not, as evidenced by an Opinion
of Counsel satisfactory to the Indenture Trustee, adversely affect in any
material respect the interests of any Noteholder or Certificateholder.

 

This Agreement may also be amended from time to time
by the Issuing Entity, the Administrator and the Indenture Trustee with the
written consent of (w) the Trustee, (x) Noteholders holding Notes evidencing
not less than a majority of the Note Balance and (y) the Certificateholders
holding in the aggregate more than 50% of the beneficial interest in the
Issuing Entity at the time of such amendment, for the purpose of adding any
provisions to or changing in any manner or eliminating any of the provisions of
this Agreement or of modifying in any manner the rights of the Noteholders or
the Certificateholders; provided,
however, that no such amendment shall: (i) increase or reduce in any
manner the amount of, or accelerate or delay the timing of, collections of
payments on Receivables or distributions that are required to be made for the
benefit of the Noteholders or the Certificateholders or (ii) reduce the
aforesaid percentage of the Holders of Notes and Certificates that are required
to consent to any such amendment, without the consent of the Holders of all the
outstanding Notes and Certificates. Notwithstanding the foregoing, the
Administrator may not amend this Agreement without the permission of the
Depositor, which permission shall not be unreasonably withheld.

 

Promptly after the execution of any such amendment or
consent (or, in the case of the Rating Agencies, 10 days prior thereto), the
Administrator shall furnish written notification of the substance of such
amendment or consent to each Certificateholder, the Trustee, the Indenture
Trustee and each of the Rating Agencies.

 

It shall not be necessary for the consent of the
Certificateholders or the Noteholders pursuant to this Section to approve the
particular form of any proposed amendment or consent, but it shall be
sufficient if such consent shall approve the substance thereof.

 

Notwithstanding anything herein to the contrary, any
term or provision of this Agreement may be amended by the Administrator without
the consent of the Certificateholders, the Noteholders or any other Person to
add, modify or eliminate any provisions as may be necessary 

 

10

 

or advisable in order to
comply with or obtain more favorable treatment under or with respect to any law
or regulation or any accounting rule or principle (whether now or in the future
in effect); it being a condition to any such amendment that the Rating Agency
Condition shall have been satisfied.

 

12.  Successors and Assigns.  This Agreement may not be assigned by the
Administrator unless such assignment is previously consented to in writing by
the Issuing Entity, the Indenture Trustee and the Trustee and subject to the
satisfaction of the Rating Agency Condition in respect thereof. An assignment
with such consent and satisfaction, if accepted by the assignee, shall bind the
assignee hereunder in the same manner as the Administrator is bound hereunder.  Notwithstanding the foregoing, this Agreement
may be assigned by the Administrator without the consent of the Issuing Entity
or the Trustee to a corporation or other organization that is a successor (by
merger, consolidation or purchase of assets) to the Administrator, provided
that such successor organization executes and delivers to the Issuing Entity,
the Trustee and the Indenture Trustee an agreement in which such corporation or
other organization agrees to be bound hereunder by the terms of said assignment
in the same manner as the Administrator is bound hereunder.  Subject to the foregoing, this Agreement
shall bind any successors or assigns of the parties hereto.

 

13.  Governing Law.  This Agreement shall be construed in
accordance with the laws of the State of New York, and the obligations, rights
and remedies of the parties hereunder shall be determined in accordance with
such laws.

 

14.  Headings.  The section headings hereof have been
inserted for convenience of reference only and shall not be construed to affect
the meaning, construction or effect of this Agreement.

 

15.  Counterparts.  This Agreement may be executed in
counterparts, all of which when so executed shall together constitute but one
and the same agreement.

 

16.  Severability.  Any provision of this Agreement that is
prohibited or unenforceable in any jurisdiction shall, as to such jurisdiction,
be ineffective to the extent of such prohibition or unenforceability without
invalidating the remaining provisions hereof, and any such prohibition or
unenforceability in any jurisdiction shall not invalidate or render
unenforceable such provision in any other jurisdiction.

 

17.  Not Applicable to New
Holland Credit Company, LLC in Other Capacities.  Nothing in this Agreement shall affect any
obligation New Holland Credit Company, LLC may have in any other capacity.

 

18.  Limitation of Liability of
the Trustee and the Indenture Trustee.  (a)  Notwithstanding anything contained herein to
the contrary, this instrument has been countersigned by The Bank of New York,
not in its individual capacity but solely in its capacity as Trustee of the
Issuing Entity, and in no event shall The Bank of New York, in its individual
capacity, or any beneficial owner of the Issuing Entity have any liability for
the representations, warranties, covenants, agreements or other obligations of
the Issuing Entity hereunder, as to all of which recourse shall be had solely
to the assets of the Issuing Entity. For all purposes of this Agreement, in the

 

11

 

performance of any duties
or obligations of the Issuing Entity thereunder, the Trustee shall be subject
to, and entitled to the benefits of, the terms and provisions of Articles VI,
VII and VIII of the Trust Agreement.

 

(b)  Notwithstanding anything contained herein to
the contrary, this Agreement has been countersigned by JPMorgan Chase Bank,
N.A., not in its individual capacity but solely as Indenture Trustee, and in no
event shall JPMorgan Chase Bank, N.A. have any liability for the
representations, warranties, covenants, agreements or other obligations of the
Issuing Entity hereunder or in any of the certificates, notices or agreements
delivered pursuant hereto, as to all of which recourse shall be had solely to the
assets of the Issuing Entity.

 

19.  Third-Party Beneficiary.  The Trustee is a third-party beneficiary to
this Agreement and is entitled to the rights and benefits hereunder and may
enforce the provisions hereof as if it were a party hereto.

 

20.  Indemnification.  The Administrator shall indemnify the Trustee
and the Indenture Trustee (and their officers, directors, employees and agents)
for, and hold them harmless against, any losses, liability or expense,
including attorneys’ fees reasonably incurred by them, incurred without
negligence or bad faith on their part, arising out of or in connection with:
(i) actions taken by either of them pursuant to instructions given by the
Administrator pursuant to this Agreement or (ii) the failure of the Administrator
to perform its obligations hereunder. The indemnities contained in this Section
shall survive the termination of this Agreement and the resignation or removal
of the Administrator, the Trustee or the Indenture Trustee.

 

21.  Information Requests.  The parties hereto shall provide any
information reasonably requested by the Administrator or any of its Affiliates,
at the expense of the Administrator or any of its Affiliates, as applicable, in
order to comply with or obtain more favorable treatment under any current or
future law, rule, regulation, accounting rule or principle.

 

12

 

IN WITNESS WHEREOF, the parties have caused this
Agreement to be duly executed and delivered as of the day and year first above
written.

 

	
   

  	
  CNH EQUIPMENT TRUST
  2006-A

  	
   

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  By: 

  	
  The Bank of New York,

  	
   

  
	
   

  	
   

  	
   

  	
  not in its individual capacity but solely as 

  	
   

  
	
   

  	
   

  	
   

  	
  Trustee on behalf of the Issuing Entity

  	
   

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By: 

  	
  /s/ Catherine Murray

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  Name: Catherine Murray

  	
   

  
	
   

  	
   

  	
   

  	
  Title: Assistant Vice President

  	
   

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  JPMORGAN CHASE BANK,
  N.A.,

  	
   

  
	
   

  	
   

  	
  not in its individual capacity but solely as 

  	
   

  
	
   

  	
   

  	
  Indenture Trustee

  	
   

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By: 

  	
  /s/ Keith Richardson

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  Name: Keith Richardson

  	
   

  
	
   

  	
   

  	
   

  	
  Title: Attorney-In-Fact

  	
   

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  NEW HOLLAND CREDIT
  COMPANY, LLC

  	
   

  
	
   

  	
   

  	
  as Administrator

  	
   

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By: 

  	
  /s/ Brian O’Keane

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  Name: Brian O’Keane

  	
   

  
	
   

  	
   

  	
   

  	
  Title:Treasurer

  	
   

  
	
   

  	
   

  	
   

  	
   

  
										

 

	
  Accepted and agreed:

  	
   

  
	
   

  	
   

  
	
  THE BANK OF NEW YORK,

  
	
   

  	
  not in its individual capacity but 

  
	
   

  	
  solely as Trustee under the Trust Agreement

  
	
   

  	
   

  
	
   

  	
   

  
	
  By: 

  	
  /s/ Catherine Murray

  	
   

  
	
   

  	
  Name:
  Catherine Murray

  
	
   

  	
  Title:
  Assistant Vice President

  
	
   

  	
   

  
					

 

S-1Exhibit 4.6

 

 

BACKUP SERVICING
AGREEMENT

 

among

 

 

CNH CAPITAL
RECEIVABLES LLC,

as Seller

 

NEW HOLLAND CREDIT
COMPANY, LLC,

as Servicer

 

CNH EQUIPMENT
TRUST 2006-A,

as Issuing Entity

 

and

 

SYSTEMS &
SERVICES TECHNOLOGIES, INC.

as Backup Servicer

 

Dated as of March 1,
2006

 

 

 

TABLE OF CONTENTS

 

	
   

  	
   

  	
  Page

  
	
   

  	
   

  	
   

  
	
  ARTICLE I

  	
  DEFINITIONS

  	
  1

  
	
   

  	
   

  	
   

  
	
  SECTION 1.1

  	
  Definitions

  	
  1

  
	
   

  	
   

  	
   

  
	
  SECTION 1.2

  	
  Usage of Terms

  	
  3

  
	
   

  	
   

  	
   

  
	
  SECTION 1.3

  	
  Section References

  	
  3

  
	
   

  	
   

  	
   

  
	
  ARTICLE II

  	
  ADMINISTRATION AND SERVICING OF RECEIVABLES

  	
  3

  
	
   

  	
   

  	
   

  
	
  SECTION 2.1

  	
  Duties of the Backup Servicer

  	
  3

  
	
   

  	
   

  	
   

  
	
  SECTION 2.2

  	
  Representations and Warranties of Backup Servicer

  	
  4

  
	
   

  	
   

  	
   

  
	
  SECTION 2.3

  	
  Backup Servicing Termination

  	
  5

  
	
   

  	
   

  	
   

  
	
  SECTION 2.4

  	
  Backup Servicer Fees; Payment of Expenses by Backup
  Servicer

  	
  6

  
	
   

  	
   

  	
   

  
	
  ARTICLE III

  	
  THE BACKUP SERVICER

  	
  6

  
	
   

  	
   

  	
   

  
	
  SECTION 3.1

  	
  Liability of Backup Servicer; Indemnities

  	
  6

  
	
   

  	
   

  	
   

  
	
  SECTION 3.2

  	
  Limitation on Liability

  	
  8

  
	
   

  	
   

  	
   

  
	
  SECTION 3.3

  	
  Corporate Existence

  	
  8

  
	
   

  	
   

  	
   

  
	
  SECTION 3.4

  	
  Insurance

  	
  8

  
	
   

  	
   

  	
   

  
	
  SECTION 3.5

  	
  Compliance with Laws

  	
  8

  
	
   

  	
   

  	
   

  
	
  SECTION 3.6

  	
  Backup Servicer Legal Proceedings

  	
  8

  
	
   

  	
   

  	
   

  
	
  ARTICLE IV

  	
  TERMINATION EVENTS

  	
  9

  
	
   

  	
   

  	
   

  
	
  SECTION 4.1

  	
  Termination Event

  	
  9

  
	
   

  	
   

  	
   

  
	
  SECTION 4.2

  	
  Consequences of a Termination Event

  	
  10

  
	
   

  	
   

  	
   

  
	
  ARTICLE V

  	
  MISCELLANEOUS PROVISIONS

  	
  10

  
	
   

  	
   

  	
   

  
	
  SECTION 5.1

  	
  Waiver; Amendment

  	
  10

  
	
   

  	
   

  	
   

  
	
  SECTION 5.2

  	
  Governing Law

  	
  10

  
	
   

  	
   

  	
   

  
	
  SECTION 5.3

  	
  Severability of Provisions

  	
  11

  
	
   

  	
   

  	
   

  
	
  SECTION 5.4

  	
  Assignment

  	
  11

  
	
   

  	
   

  	
   

  
	
  SECTION 5.5

  	
  Third-Party Beneficiaries

  	
  11

  
	
   

  	
   

  	
   

  
	
  SECTION 5.6

  	
  Counterparts

  	
  11

  
	
   

  	
   

  	
   

  
	
  SECTION 5.7

  	
  Notices

  	
  11

  
	
   

  	
   

  	
   

  
	
  SECTION 5.8

  	
  Nonpetition Covenants

  	
  11

  
	
   

  	
   

  	
   

  
	
  SECTION 5.9

  	
  Term

  	
  12

  
	
   

  	
   

  	
   

  
	
  SECTION 5.10

  	
  Limitation of Liability of Trustee

  	
  12

  
	
   

  	
   

  	
   

  
	
  SECTION 5.11

  	
  Miscellaneous

  	
  12

  
						

 

i

 

	
   

  	
   

  	
   

  
	
  SECTION 5.12

  	
  Confidentiality

  	
  12

  
	
   

  	
   

  	
   

  
	
  SECTION 5.13

  	
  Information Requests

  	
  12

  
	
   

  	
   

  	
   

  
	
  SECTION 5.14

  	
  Notice to Moody’s

  	
  13

  
	
   

  	
   

  	
   

  
	
  Exhibit A

  	
  Sale and Servicing Agreement

  	
   

  
	
  Schedule I

  	
  Description of Verification and
  Confirmation Duties

  	
   

  
				

 

ii

 

THIS BACKUP SERVICING AGREEMENT, dated as of March 1,
2006, (this “Agreement”) is made among NEW HOLLAND CREDIT COMPANY, LLC, a
Delaware limited liability company (the “Servicer”), CNH CAPITAL RECEIVABLES
LLC, a Delaware limited liability company (the “Seller”), CNH EQUIPMENT TRUST
2006-A, a Delaware statutory trust (the “Issuing Entity”), SYSTEMS &
SERVICES TECHNOLOGIES, INC., a Delaware corporation (the “Backup Servicer” or “SST”).

 

WITNESSETH:

 

WHEREAS, the Servicer, the Seller and the Issuing
Entity have entered into the Sale and Servicing Agreement dated as of the date
hereof (the “Sale and Servicing Agreement”) a copy of which is attached hereto
and made a part hereof as Exhibit A;

 

WHEREAS, the Issuing Entity and the Servicer desire
that the Backup Servicer perform certain backup servicing duties in accordance
with the terms and provisions of this Agreement;

 

WHEREAS, the Issuing Entity desires that the Backup
Servicer assume the role of Successor Servicer under the terms of the Sale and
Servicing Agreement in the event that the Servicer is terminated thereunder;
and

 

WHEREAS, the Backup Servicer is willing to perform the
backup servicing duties specified herein and assume the role of Successor
Servicer under the terms of the Sale and Servicing Agreement pursuant to the
conditions and for the consideration described herein;

 

NOW, THEREFORE, in consideration of the mutual
agreements herein contained, and of other good and valuable consideration, the
receipt and adequacy of which are hereby acknowledged, the parties agree as
follows:

 

ARTICLE I

DEFINITIONS

 

SECTION 1.1  Definitions.  Unless otherwise specified herein, all terms
defined in the Indenture, shall have the same meaning in this Agreement.  Whenever capitalized and used in this
Agreement, the following words and phrases, unless the context otherwise
requires, shall have the following meanings:

 

Agreement or “this Agreement”:  This Backup Servicing Agreement, all
amendments and supplements thereto and all exhibits and schedules to any of the
foregoing.

 

Backup Servicer:  Systems & Services Technologies, Inc.,
in its capacity as Backup Servicer under this Agreement, and its successors and
assigns in such capacity.

 

Backup Servicer Account:  means the account designated as such,
established and maintained pursuant to Section 5.1(a)(vii) of
the Sale and Servicing Agreement.

 

Backup Servicer Expenses:  is defined in Section 4.12
of the Sale and Servicing Agreement.

 

 

Backup Servicer Termination Event:  An event described in Section 4.1.

 

Backup Servicing Duties:  The duties defined as such in Section 2.1.

 

Backup Servicing Fee: means the
greater of (a) 1/12 of 0.02% of the Pool Balance as of the first day of
each Collection Period and (b) $4,000.

 

Business Day:  means any day other than a Saturday, a Sunday
or a day on which banking institutions or trust companies in The City of New
York, New York, the City of Racine, Wisconsin and the City of St. Joseph,
Missouri are authorized or obligated by law, regulation or executive order to
remain closed.

 

Collection Period:  means, with respect to any Payment Date, the
period from and including the end of the preceding Collection Period (or, if
for the first Payment Date, the day after the Initial Cutoff Date) to and
including the last day of the calendar month preceding the calendar month in
which the Payment Date occurs.

 

Indenture:  means the Indenture dated as of March 1,
2006 between the Issuing Entity and the Indenture Trustee, as the same may be
amended and supplemented from time to time.

 

Indenture Trustee:  means JPMorgan Chase Bank, N.A., a national
banking association, not in its individual capacity but solely as Indenture
Trustee under the Indenture, or any successor Indenture Trustee under the
Indenture.

 

Initial Collection Period:  The Collection
Period ending March 31, 2006.

 

Payment Date:  means, with respect to each Collection
Period, the fifteenth day of the calendar month following the end of that
Collection Period, or, if such day is not a Business Day, the next Business
Day, commencing on April 17, 2006.

 

Person:  Any legal person, including any individual,
corporation, partnership, joint venture, estate, association, joint stock
company, trust, unincorporated organization or government or any agency or
political subdivision thereof, or any other entity.

 

Sale and Servicing Agreement:  The Sale and Servicing Agreement attached
hereto as Exhibit A, as the same may be amended from time to time in
accordance with its terms and with the written consent of the Backup Servicer.

 

Servicing Transfer Date:  The Business Day next succeeding the
expiration of the Transfer Period.

 

Transfer Notice:  Written notice from the Indenture Trustee or
Noteholders to the Backup Servicer and the Servicer, (with a copy to the Rating
Agencies, the Noteholders (if given by the Indenture Trustee), and the Trustee
provided by the Indenture Trustee) advising the Backup Servicer of the transfer
of active servicing duties for the Contracts to the Backup Servicer.

 

2

 

Transfer Period:  A period of sixty (60) days following the
Backup Servicer’s receipt of a Transfer Notice and ending on the date the
Backup Servicer is to begin Successor Servicer duties for the Contracts and the
related Receivables.

 

Verification and Confirmation Duties:  The duties defined as such in Section 2.1(a).

 

SECTION 1.2  Usage of Terms.  With respect to all terms used in this
Agreement, the singular includes the plural and the plural the singular; words
importing any gender include the other gender; references to “writing”  include printing, typing, lithography, and
other means of reproducing words in a visible form; references to agreements
and other contractual instruments include all subsequent amendments thereto or
changes therein entered into in accordance with their respective terms and not
prohibited by this Agreement; references to Persons include their permitted
successors and assigns; and the terms “include” or “including” mean “include
without limitation” or “including without limitation.”

 

SECTION 1.3  Section References.  All references to Articles, Sections,
paragraphs, subsections, exhibits and schedules shall be to such portions of
this Agreement unless otherwise specified.

 

ARTICLE II

ADMINISTRATION AND SERVICING OF RECEIVABLES

 

SECTION 2.1  Duties of the Backup Servicer.

 

(a)           Verification and Confirmation
Duties.  The Backup Servicer agrees
to perform all of the duties of the Backup Servicer as identified on Schedule I
hereto (collectively, the “Verification and Confirmation Duties”) on behalf of
the Issuing Entity in accordance with the terms of this Agreement.

 

(b)           Active Servicing Duties.  Unless and until the Backup Servicer or
another Person is appointed as Successor Servicer, the Backup Servicer agrees
that, in the event the Servicer is terminated or otherwise ceases to function
as the Servicer pursuant to the Sale and Servicing Agreement, if the Indenture
Trustee or Noteholders representing not less than 25% of the Outstanding Amount
of Notes shall issue a Transfer Notice to the Backup Servicer and Servicer,
then prior to the expiration of the Transfer Period, Backup Servicer shall
promptly execute a counterpart to the Sale and Servicing Agreement and
thereafter shall assume the rights, obligations and duties of a Successor
Servicer as expressly set forth thereunder.

 

(c)           The Servicer covenants and agrees to
perform within three weeks after receipt of the Transfer Notice (or on such
later date as the Issuing Entity and the Backup Servicer shall agree in
writing) the following:

 

(i)            The Servicer shall provide to the
Backup Servicer all necessary servicing files and records relating to the
Contracts (as deemed necessary by the Backup Servicer at such time) and the
Servicer shall provide to the Backup Servicer access to and transfer of records
and use by the Backup Servicer of all licenses or software necessary or desirable
to collect the Contracts and the related Receivables to the extent that any of
the foregoing is not prohibited under any licensing or other agreements with
third parties.

 

3

 

(ii)           The Servicer will provide to the
Backup Servicer the servicing information necessary to prepare and distribute
the Servicer Certificate required to be delivered under the Sale and Servicing
Agreement.

 

(d)           Prior to the expiration of the
Transfer Period, the Servicer will send each Obligor written notice containing
the following information:  (i) the
Servicing Transfer Date, (ii) the address, telephone number and department
of the Backup Servicer which is able to answer questions regarding billing, (iii) notification
that the legal terms and conditions of such Obligor’s obligations will not be
affected by the servicing transfer and (iv) instructions as to how to
handle any Contract related questions. 
The Backup Servicer will consult with the Servicer concerning the form
of any such notice.  If the Servicer has
failed to send this notice within three weeks after the Servicing Transfer
Date, the Backup Servicer will send such a notice to each such Obligor on the
Backup Servicer’s or the Servicer’s stationery within four weeks of the later
of (A) the date a counterpart to the Sale and Servicing Agreement executed
by the Backup Servicer is effective and (B) the Servicing Transfer
Date.  The Servicer will provide the
Backup Servicer with its stationery in an amount sufficient to allow for the
sending of the notices described in this Section 2.1(d).  The Servicer hereby irrevocably appoints the
Backup Servicer as its attorney-in-fact for the purpose of sending such
notices.

 

(e)           Effective upon the occurrence of the
Servicing Transfer Date, the Servicer hereby irrevocably authorizes and grants
to the Backup Servicer an irrevocable power-of-attorney to take any and all
steps in the Servicer’s name and on behalf of the Servicer that are necessary
or desirable to perform its duties hereunder, including collecting amounts due
under the Receivables, endorsing the Servicer’s name on checks and other
instruments representing Collections and enforcing the Receivables.

 

SECTION 2.2  Representations and Warranties of Backup
Servicer.  The Backup Servicer
represents and warrants as of the date of execution and delivery of this
Agreement:

 

(a)           Organization and Good Standing.  The Backup Servicer has been duly organized
and is validly existing and in good standing under the laws of its jurisdiction
of organization, with power, authority and legal right to own its properties
and to conduct its business as such properties are currently owned and such
business is currently conducted, and had at all relevant times, and now has,
power, authority and legal right to enter into and perform its obligations
under this Agreement;

 

(b)           Due qualification.  The Backup Servicer is duly qualified to do
business as a foreign corporation in good standing, and has obtained all
necessary licenses and approvals, in all jurisdictions where the failure to do
so would materially and adversely affect the performance of its obligations
under this Agreement;

 

(c)           Power and Authority.  The Backup Servicer has the power and
authority to execute and deliver this Agreement and to carry out the terms
hereof; and the execution, delivery and performance of this Agreement have been
duly authorized by the Backup Servicer by all necessary corporate action;

 

4

 

(d)           Binding Obligation.  This Agreement constitutes the legal, valid
and binding obligation of the Backup Servicer enforceable in accordance with
its terms, except as enforceability may be limited by bankruptcy, insolvency,
reorganization or other similar laws affecting the enforcement of creditors
rights generally and by equitable limitations on the availability of specific
remedies, regardless of whether such enforceability is considered in a
proceeding in equity or at law;

 

(e)           No Violation.  The execution and delivery of this Agreement,
the consummation of the transactions contemplated by this Agreement, and the
fulfillment of the terms hereof, do not conflict with, result in any breach of
any of the terms and provisions of, or constitute (with or without notice or
lapse of time, or both) a default under, the certificate of incorporation or
bylaws of the Backup Servicer, or any indenture, agreement, mortgage, deed of
trust or other instrument to which the Backup Servicer is a party or by which
it is bound, or result in the creation or imposition of any lien upon any of
its properties pursuant to the terms of any such indenture, agreement,
mortgage, deed of trust or other instrument, other than this Agreement, or
violate any law, order, rule or regulation applicable to the Backup
Servicer of any court or of any federal or State regulatory body,
administrative agency or other governmental instrumentality having jurisdiction
over the Backup Servicer or any of its properties;

 

(f)            No Proceedings.  As of the date of the Underwriting Agreement,
the Prospectus Date and the Closing Date, there are no proceedings or
investigations pending or, to the Backup Servicer’s knowledge, threatened
against the Backup Servicer, before any court, regulatory body, administrative
agency or other tribunal or governmental instrumentality having jurisdiction
over the Backup Servicer or its properties (i) asserting the invalidity of
this Agreement, (ii) seeking to prevent the consummation of any of the
transactions contemplated by this Agreement, or (iii) seeking any determination
or ruling that might materially and adversely affect the performance by the
Backup Servicer of its obligations under, or the validity or enforceability of,
this Agreement or otherwise be material to the Noteholders, except as otherwise
may be disclosed on the Prospectus; and

 

(g)           No Consents.  The Backup Servicer is not required to obtain
the consent of any other party or any consent, license, approval or
authorization, or registration or declaration with, any governmental authority,
bureau or agency in connection with the execution, delivery, performance,
validity or enforceability of this Agreement.

 

SECTION 2.3  Backup Servicing Termination.

 

(a)           Prior to the time the Backup Servicer
receives a Transfer Notice, this Agreement may be terminated upon delivery of
thirty (30) days advance written notice to the Backup Servicer of such
termination.  This Agreement shall be
terminated pursuant to the previous sentence if (A) (i) the Servicer
notifies the Issuing Entity in writing that the Servicer has engaged a
replacement backup servicer or a Successor Servicer, (ii) the agreement
with such replacement backup servicer or Successor Servicer, as the case may
be, is reasonably satisfactory to the Issuing Entity in form and substance and (iii) the
identity of such replacement backup servicer or Successor Servicer, as the case
may be, is acceptable to the Issuing Entity in its sole discretion, (B) Moody’s
has advised the Issuing Entity that the termination of this Agreement 

 

5

 

will not result in a
downgrade or withdrawal of its ratings on the Notes or (C) CNH Global N.V.’s
long term unsecured debt credit rating by Moody’s rises to “Ba2” or higher.

 

(b)           Prior to the time the Backup Servicer
receives a Transfer Notice, the Backup Servicer may terminate this Agreement
for any reason in its sole judgment and discretion upon delivery of one hundred
twenty (120) days advance written notice to the Issuing Entity of such
termination.  In the event that the
Backup Servicer delivers notice pursuant to the foregoing sentence, the
Servicer agrees to cooperate with the Issuing Entity, and to take such actions
as the Issuing Entity may reasonably request, in order to appoint a replacement
backup servicer as promptly as possible.

 

SECTION 2.4  Backup Servicer Fees; Payment of Expenses
by Backup Servicer.  Unless and until
the Backup Servicer or another Person is appointed as Successor Servicer, on
the Payment Date relating to the Initial Collection Period and each Payment
Date thereafter the Backup Servicer shall be entitled to receive the Backup
Servicer Fees in accordance with the terms of the Sale and Servicing Agreement
and the Indenture.  The Backup Servicer
shall further receive all reimbursable Backup Servicer Expenses in accordance
with the terms of the Sale and Servicing Agreement and the Indenture.  The Backup Servicer shall be required to pay
all other expenses incurred by it in connection with its activities under this
Agreement (including taxes imposed on the Backup Servicer and all expenses
incurred in connection with reports to the Issuing Entity).

 

ARTICLE III

THE BACKUP SERVICER

 

SECTION 3.1  Liability of Backup Servicer; Indemnities.

 

(a)           The Backup Servicer shall be liable
hereunder only to the extent of the obligations in this Agreement specifically
undertaken by the Backup Servicer and the representations made by the Backup
Servicer.  Other than as specifically set
forth in this Backup Servicing Agreement, the Backup Servicer shall have no
obligation to supervise, verify, monitor or administer the performance of the
Servicer and shall have no liability for any action taken or omitted by the
Servicer.

 

(b)           The Backup Servicer shall indemnify,
defend and hold harmless the Servicer, the Issuing Entity and their respective
officers, directors, agents and employees from and against any and all costs,
expenses, losses, claims, damages and liabilities to the extent that such cost,
expense, loss, claim, damage or liability arose out of, or was imposed upon the
Servicer or the Issuing Entity through the Backup Servicer’s breach of this
Agreement, the negligence, willful misfeasance or bad faith of the Backup
Servicer in the performance of its duties under this Agreement or by reason of
reckless disregard of its obligations and duties under this Agreement.

 

(c)           The Servicer shall indemnify, defend
and hold harmless the Backup Servicer and its respective officers, directors,
agents and employees from and against any and all costs, expenses, losses,
claims, damages and liabilities to the extent that such cost, expense, loss,
claim, damage or liability arose out of, or was imposed upon the Backup
Servicer through the 

 

6

 

Servicer’s breach of this
Agreement, the negligence, willful misfeasance or bad faith of the Servicer in
the performance of its duties under this Agreement or by reason of reckless
disregard of its obligations and duties under this Agreement.

 

(d)           The Issuing Entity shall (solely from
amounts paid pursuant to Section 5.6(b)(x) of
the Sale and Servicing Agreement) indemnify, defend and hold harmless the
Backup Servicer and its respective officers, directors, agents and employees
from and against any and all costs, expenses, losses, claims, damages and
liabilities to the extent that such cost, expense, loss, claim, damage or
liability arose out of, or was imposed upon the Backup Servicer through the
Issuing Entity’s breach of this Agreement, the negligence, willful misfeasance
or bad faith of the Issuing Entity in the performance of its duties under this
Agreement or by reason of reckless disregard of its obligations and duties
under this Agreement.

 

(e)           The Backup Servicer may accept and
reasonably rely on all accounting and servicing records and other documentation
provided to the Backup Servicer by or at the direction of the Servicer,
including documents prepared or maintained by any Originator, or Servicer, or
any party providing services related to the Receivables (collectively “Third
Party”).  The Servicer agrees to
indemnify (subject to the limitation provided in Section 3.2
below) and hold harmless the Backup Servicer, its respective
officers, employees and agents against any and all claims, losses, penalties,
fines, forfeitures, legal fees and related costs, judgments, and any other
costs, fees and expenses that the Backup Servicer may sustain in any way
related to the negligence or misconduct of any Third Party with respect to the
Receivables.  The Backup Servicer shall
have no duty, responsibility, obligation or liability (collectively “Liability”)
for the acts or omissions of any such Third Party.  If any error, inaccuracy or omission
(collectively “Error”) exists in any information provided to the Backup
Servicer and such Errors cause or materially contribute to the Backup Servicer
making or continuing any Error (collectively “Continuing Errors”), the Backup
Servicer shall have no liability for such Continuing Errors; provided, however,
that this provision shall not protect the Backup Servicer against any liability
which would otherwise be imposed by reason of willful misconduct, bad faith or
negligence in discovering or correcting any Error or in the performance of its
duties contemplated herein.

 

In the event the Backup Servicer becomes aware of
Errors and/or Continuing Errors which, in the opinion of the Backup Servicer,
impair its ability to perform its services hereunder, the Backup Servicer shall
promptly notify the Servicer and the Indenture Trustee of such Errors and/or
Continuing Errors.  The Backup Servicer
shall discuss such Errors with the Servicer, and the Servicer and the Backup
Servicer shall use their reasonable efforts to correct such Errors.  If after such discussion such Errors are not
promptly corrected, with the prior consent of the Indenture Trustee, the Backup
Servicer may undertake to reconstruct any data or records appropriate to
correct such Errors and/or Continuing Errors and to prevent future Continuing
Errors.  The Backup Servicer shall be
entitled to recover its costs thereby expended as Backup Servicer Expenses in
accordance with the Sale and Servicing Agreement and the Indenture.

 

(f)            Indemnification under this Article shall
include, without limitation, reasonable fees and expenses of counsel (including
but not limited to counsel who may be employees of the Backup Servicer) and
expenses of litigation.  If the
indemnifying party has made any indemnity payments pursuant to this Article and
the recipient thereafter collects any of 

 

7

 

such amounts from others,
the recipient shall promptly repay such amounts collected to the indemnifying
party, together with any interest earned thereon.

 

(g)           The provisions of this Section shall survive the termination of this
Agreement.

 

SECTION 3.2  Limitation on Liability.  Neither the Backup Servicer, the Servicer,
the Issuing Entity nor any of their respective directors or officers or
employees or agents shall be under any liability to the other, or any party to
the Basic Documents except as provided in this Agreement, for any action taken
or for refraining from the taking of any action in good faith pursuant to this
Agreement; provided,  however, that this provision shall not
protect the Backup Servicer, the Servicer, the Issuing Entity or any such
Person against any liability that would otherwise be imposed by reason of a
breach of this Agreement, the inaccuracy of any of their respective
representations or warranties set forth in this Agreement or willful
misfeasance, bad faith or negligence in the performance of their respective
duties, by reason of reckless disregard of obligations and duties under this
Agreement or any violation of law by the Backup Servicer, the Servicer, the
Issuing Entity or such Person, as the case may be.  The Backup Servicer, the Servicer, the
Issuing Entity and any of their respective directors, officers, employees or
agents may rely in good faith on the advice of counsel (including but not
limited to counsel who may be employees of the Backup Servicer or the Servicer,
as the case may be) or on any document of any kind prima facie properly
executed and submitted by any Person respecting any matters arising under this
Agreement.

 

SECTION 3.3  Corporate Existence.  The Backup Servicer shall maintain its
existence and rights as a corporation under the laws of the jurisdiction of its
incorporation, and will obtain and preserve its qualification to do business as
a foreign corporation in each jurisdiction in which the failure to so qualify
would have an adverse effect on the validity or enforceability of any
Receivable or this Agreement or on the ability of the Backup Servicer to
perform its duties under this Agreement.

 

SECTION 3.4  Insurance.  The Backup Servicer shall maintain adequate
insurance in amounts and with terms customarily subscribed by companies in the
same industry performing similar functions to those of the Backup Servicer in
its role as Backup Servicer or Successor Servicer, as applicable.

 

SECTION 3.5  Compliance with Laws.  The Backup Servicer covenants with the
parties hereto that, upon the expiration of the Transfer Period, the practices
used or to be used by the Backup Servicer to monitor collections with respect
to the Contracts and repossess and dispose of the Financed Equipment related to
the contracts will be, in all material respects, legal, proper and in
conformity with the requirements of all applicable federal and State laws, rules and
regulations.  Upon the expiration of the
Transfer Period, the Backup Servicer will be in possession of all State and
local licenses (including all debt collection licenses) required for it to
perform its services hereunder, and none of such licenses shall have been
suspended, revoked or terminated.

 

SECTION 3.6  Backup Servicer Legal Proceedings.  At any time when the Backup Servicer’s
reporting obligations under Section 15(d) of the Exchange Act are not
suspended, the 

 

8

 

Backup Servicer shall
notify the Servicer within 5 Business Days of the date that the Backup Servicer
becomes aware of (a) the initiation of any legal proceedings against the
Backup Servicer, or of which any property of the Backup Servicer is subject,
that are material to the Noteholders, (b) any developments in any such
proceedings that are material to the Noteholders and (c) any such material
proceedings that are contemplated by any governmental authority against the
Backup Servicer that are material to the Noteholders; provided, however
that in each case notice need not be provided to the extent disclosure of same
would not be required pursuant to the terms of Regulation AB of the Exchange
Act.

 

ARTICLE IV

TERMINATION EVENTS

 

SECTION 4.1  Termination Event.  For purposes of this Agreement, each of the
following shall constitute a Termination Event (subsections (a) through (d) shall
further constitute a “Backup Servicer Event of Default”):

 

(a)           Failure on the part of the Backup
Servicer duly to observe or perform in any material respect any covenant or
agreement of the Backup Servicer set forth in this Agreement, which failure
continues unremedied for a period of 30 days after the date on which written
notice of such failure, requiring the same to be remedied, shall have been
given to the Backup Servicer by the Servicer; or

 

(b)           (i) The commencement of an
involuntary case under the federal bankruptcy laws, as now or hereinafter in
effect, or another present or future federal or State bankruptcy, insolvency or
similar law and such case is not dismissed within 60 days; or (ii) the
entry of a decree or order for relief by a court or regulatory authority having
jurisdiction in respect of the Backup Servicer in an involuntary case under the
federal bankruptcy laws, as now or hereafter in effect, or another present or
future, federal or State, bankruptcy, insolvency or similar law, or appointing
a receiver, liquidator, assignee, trustee, custodian, sequestrator or other
similar official of the Backup Servicer or of any substantial part of its
properties or ordering the winding up or liquidation of the affairs of the
Backup Servicer; or

 

(c)           The commencement by the Backup
Servicer of a voluntary case under the federal bankruptcy laws, as now or
hereafter in effect, or any other present or future federal or State
bankruptcy, insolvency or similar law, or the consent by the Backup Servicer to
the appointment of or taking possession by a receiver, liquidator, assignee,
trustee, custodian, sequestrator or other similar official of the Backup
Servicer or of any substantial part of its property or the making by the Backup
Servicer of an assignment for the benefit of creditors or the failure by the
Backup Servicer generally to pay its debts as such debts become due or the
taking of corporate action by the Backup Servicer in furtherance of any of the
foregoing; or

 

(d)           Any representation, warranty or
statement of the Backup Servicer made in this Agreement or any certificate,
report or other writing delivered by the Backup Servicer pursuant hereto shall
prove to be incorrect in any material respect as of the time when the same
shall have been made and, within thirty (30) days after written notice thereof
shall have been given to the Backup Servicer by the Servicer, the circumstances
or condition in respect of which 

 

9

 

such representation,
warranty or statement was incorrect shall not have been waived, eliminated or
otherwise cured; or

 

(e)           Failure on the part of the Backup
Servicer to receive Backup Servicer Fees or Backup Servicer Expenses as and
when due as set forth in the Sale and Servicing Agreement and the Indenture,
which failure shall not be cured within twenty (20) days after the date on
which written notice of such failure shall have been received by the Servicer
and the Issuing Entity; or

 

(f)            Failure on the part of the Backup
Servicer to notify the Servicer as required pursuant to Section 3.6.

 

SECTION 4.2  Consequences of a Termination Event.

 

(a)           If a Backup Servicer Event of Default
(as defined in Section 4.1 above) shall
occur and be continuing, the Servicer may, by notice given in writing to the
Backup Servicer, terminate all of the rights and obligations of the Backup
Servicer under this Agreement, except as set forth in Sections
3.1(c), (d), (e) and (f).  On or after the receipt by the Backup
Servicer of such written notice, all authority, power, obligations and
responsibilities of the Backup Servicer under this Agreement shall be
terminated.  The terminated Backup
Servicer agrees to cooperate with the Servicer in effecting the termination of
the responsibilities and rights of the terminated Backup Servicer under this
Agreement.

 

(b)           Notwithstanding any other provision
of this Agreement, in the event of a Termination Event pursuant to Section 4.1(e), this Agreement shall terminate upon
expiration of the given cure period, and the Backup Servicer shall then have no
obligations or responsibilities under this Agreement, except as set forth in Section 3.1(f).

 

ARTICLE V

MISCELLANEOUS PROVISIONS

 

SECTION 5.1  Waiver; 
Amendment.  Neither this
Agreement nor any provision hereof may be waived, amended or modified orally,
but only by an instrument in writing signed by the Servicer, the Seller, the
Backup Servicer, the Indenture Trustee and the Issuing Entity; provided
that any such amendment shall not materially and adversely affect the interests
of any Noteholder; provided, further, that any such amendment
shall be deemed not to materially and adversely affect the interests of any
Noteholder if the Rating Agency Condition is satisfied.  Notwithstanding anything herein to the
contrary, any term or provision of this Agreement may be amended by the
Servicer and the Seller without the consent of the Noteholders or any other
Person to add, modify or eliminate any provisions as may be necessary or
advisable in order to comply with or obtain more favorable treatment under or
with respect to any law or regulation or any accounting rule or principle
(whether now or in the future in effect); it being a condition to any such
amendment that the Rating Agency Condition shall have been satisfied.

 

SECTION 5.2  Governing Law.  THIS AGREEMENT SHALL BE GOVERNED BY AND
CONSTRUED IN ACCORDANCE WITH THE LAWS OF THE STATE OF NEW YORK AND THE
OBLIGATIONS, RIGHTS AND REMEDIES OF THE PARTIES UNDER THIS AGREEMENT SHALL BE
DETERMINED IN ACCORDANCE WITH SUCH LAWS.

 

10

 

SECTION 5.3  Severability of Provisions.  If any one or more of the covenants,
agreements, provisions or terms of this Agreement shall be for any reason
whatsoever held invalid, then such covenants, agreements, provisions or terms
shall be deemed severable from the remaining covenants, agreements, provisions
or terms of this Agreement and shall in no way affect the validity or
enforceability of the other provisions of this Agreement.

 

SECTION 5.4  Assignment.  Notwithstanding anything to the contrary
contained in this Agreement, this Agreement may not be assigned by the Backup
Servicer without the prior written consent of the Servicer.

 

SECTION 5.5  Third-Party Beneficiaries.  This Agreement shall inure to the benefit of
and be binding upon the parties hereto and their respective successors and
permitted assigns.  Nothing in this
Agreement, express or implied, shall give to any Person, other than the parties
hereto, their successors hereunder and the Persons entitled to be indemnified
pursuant to Section 3.1, any benefit or any
legal or equitable right, remedy or claim under this Agreement.

 

SECTION 5.6  Counterparts.  For the purpose of facilitating its execution
and for other purposes, this Agreement may be executed simultaneously in any
number of counterparts, each of which counterparts shall be deemed to be an
original, and all of which counterparts shall constitute but one and the same
instrument.

 

SECTION 5.7  Notices.  All demands, notices and communications under
this Agreement shall be in writing, personally delivered or mailed, or by
facsimile transmission: (a) in the case of the Backup Servicer, at the
following address: 4315 Pickett Road, St. Joseph, Missouri 64503 Attention:
John J. Chappell and Joseph D. Booz, Facsimile Number (816)-671-2038; (b) in
the case of the Servicer, at the following address: New Holland Credit Company,
LLC, 33 South Railroad Avenue, New Holland, Pennsylvania 17557, Attention:
Finance Manager; with a copy to: New Holland Credit Company, LLC, 100 South
Saunders Road, Lake Forest, Illinois 60045, Attention: Senior Counsel; (c) in
the case of the Issuing Entity, at the following address:  CNH Equipment Trust 2006-A, in care of The
Bank of New York, 101 Barclay Street, Floor 8W, New York, New York 10286,
Attention:  Corporate Trust
Administration-Asset Backed Finance Unit, Facsimile Number (212) 815-3923; (d) in
the case of the Seller, to CNH Capital Receivables LLC, 100 South Saunders
Road, Lake Forest, Illinois 60045, Attention of: Treasurer, Facsimile Number
(847) 955-4940; and (e) in the case of the Indenture Trustee, at its
Corporate Trust Office; or at such other address as shall be designated by any
such party in a written notice to the other parties.  All such
notices and communications shall be effective, upon receipt, or in the case of (i) notice
by mail, five days after being deposited in the United States mail, first class
postage prepaid, (ii) notice by telex, when telexed against receipt of
answer back, or (iii) notice by facsimile copy, when verbal communication
of receipt is obtained.

 

SECTION 5.8  Nonpetition Covenants.  Notwithstanding any prior termination of this
Agreement, the Backup Servicer, the Servicer and the Indenture Trustee shall
not, prior to the date that is one year and one day after the payment in full
of all securities issued by Issuing Entity or any other special purpose entity
to which Seller transfers receivables, which securities are rated at issuance
by a nationally recognized statistical rating organization, with respect to the
Issuing Entity or the Seller, acquiesce, petition or otherwise invoke or cause
the Issuing Entity or the Seller to invoke the process of any court or
governmental authority for the purpose of 

 

11

 

commencing or sustaining
a case against the Issuing Entity or the Seller under any federal or state
bankruptcy, insolvency or similar law or appointing a receiver, liquidator,
assignee, trustee, custodian, sequestrator or other similar official of the
Issuing Entity or the Seller or any substantial part of its property, or
ordering the winding up or liquidation of the affairs of the Issuing Entity or
the Seller. The foregoing shall not limit the right of the Backup Servicer, the
Servicer or the Indenture Trustee to file any claim in or otherwise take any
action with respect to any such insolvency proceeding that was instituted
against the Issuing Entity or the Seller by any Person other than the Backup
Servicer, the Servicer or the Indenture Trustee.

 

SECTION 5.9  Term. 
The provisions of this Agreement and the duties and obligations of the
Backup Servicer hereunder shall commence on the date hereof and shall continue
in full force and effect until either (i) if SST is not then the Successor
Servicer, the Notes have been repaid in their entirety or (ii) the Pool
Balance equals zero, unless earlier terminated pursuant to the terms of this
Agreement.

 

SECTION 5.10  Limitation of Liability of Trustee.  Notwithstanding anything contained herein to
the contrary, this Agreement has been countersigned by The Bank of New York,
not in its individual capacity but solely in its capacity as Owner Trustee of
the Issuing Entity, and in no event shall The Bank of New York, in its
individual capacity or, except as expressly provided in the Trust Agreement,
any beneficial owner of the Issuing Entity have any liability for the
representations, warranties, covenants, agreements or other obligations of the
Issuing Entity hereunder or in any of the certificates, notices or agreements
delivered pursuant hereto, as to all of which recourse shall be had solely to
the assets of the Issuing Entity.

 

SECTION 5.11  Miscellaneous.  In connection with its execution and
performance of this Agreement, the Issuing Entity is entitled to all rights,
privileges, benefits and indemnities provided to it under the Sale and
Servicing Agreement.

 

SECTION 5.12  Confidentiality.  SST shall maintain, and shall cause each
officer, employee and agent of itself and its affiliates to maintain, the
confidentiality of this Backup Servicing Agreement, the Basic Documents and all
other confidential proprietary information with respect to the Servicer, CNH
Capital America LLC, the Seller and CNH Global N.V. and their affiliates and
successors and each of their respective businesses obtained by SST in
connection with the structuring, negotiation and execution of the transactions
contemplated herein and in the other Basic Documents or as otherwise provided
to SST from time to time due to its role as Backup Servicer or Successor
Servicer, except for information that has become publicly available or
information disclosed (i) to legal counsel, accountants and other
professional advisors to SST, (ii) as required by law, regulation or legal
process, (iii) in connection with any legal or regulatory proceeding to
which SST or any of their affiliates is subject or (iv) any other
disclosure with the prior written consent of CNHCA.

 

SECTION 5.13  Information Requests.  The parties hereto shall provide any information
reasonably requested by the Servicer or the Seller or any of their Affiliates,
at the expense of such party, in order to comply with or obtain more favorable
treatment under any current or future law, rule, regulation, accounting rule or
principle.

 

12

 

SECTION 5.14  Notice to Moody’s.  The Servicer shall notify Moody’s upon the
termination of this Agreement pursuant to Section 2.3
or the termination of SST as Backup Servicer pursuant to Section 4.2.

 

[The
balance of this page has been intentionally left blank]

 

13

 

IN WITNESS WHEREOF, the Servicer, the Issuing Entity,
the Backup Servicer, the Seller and the Indenture Trustee have caused this
Backup Servicing Agreement to be duly executed by their respective officers as
of the day and year first above written.

 

	
   

  	
  NEW HOLLAND CREDIT COMPANY, LLC, 

  as Servicer

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
  By: 

  	
  /s/ Brian O’Keane

  	
   

  
	
   

  	
  Name:

  	
   Brian O’Keane

  
	
   

  	
  Title:

  	
   Treasurer

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
  CNH CAPITAL RECEIVABLES LLC, as
  Seller

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
  By: 

  	
  /s/ Brian O’Keane

  	
   

  
	
   

  	
  Name:

  	
   Brian O’Keane

  
	
   

  	
  Title:

  	
   Treasurer

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
  CNH EQUIPMENT TRUST 2006-A, as
  Issuing 

  Entity

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
  By: 

  	
  The Bank of New York, not in its individual

  
	
   

  	
   

  	
  capacity but solely as Trustee

  
	
   

  	
   

  	
   

  
	
   

  	
  By: 

  	
  /s/ Catherine Murray

  	
   

  
	
   

  	
  Name:

  	
   Catherine
  Murray

  
	
   

  	
  Title:

  	
   Assistant
  Vice President

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
  SYSTEMS & SERVICES
  TECHNOLOGIES, 

  INC., as Backup Servicer

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Kimberly K. Costa

  	
   

  
	
   

  	
  Name:

  	
   Kimberly K.
  Costa

  
	
   

  	
  Title:

  	
   Vice
  President

  
												

 

S-1

 

	
  ACKNOWLEDGED AND AGREED:

  
	
   

  
	
   

  
	
  JPMORGAN CHASE BANK, N.A., not in its

  
	
  individual capacity but solely as Indenture Trustee

  
	
   

  
	
  By: 

  	
  /s/ Keith Richardson

  	
   

  
	
  Name:

  	
   Keith Richardson

  
	
  Title:

  	
   Attorney-In-Fact

  
				

 

S-2

 

SCHEDULE I

 

DESCRIPTION OF
VERIFICATION AND CONFIRMATION DUTIES

(BACKUP SERVICING)

 

The Backup Servicer shall provide the following
services related to backup servicing in connection with the Contracts.

 

(i)            The
Backup Servicer will work with the Servicer’s personnel to obtain the necessary
systems and data information from the servicing systems in use by the Servicer
(the “Initial Data File Data Layouts and Definitions” as set forth in Appendix
A).  Using this information, the Backup
Servicer will create a set of conversion routines and database mapping
programs, as necessary, that will enable the Backup Servicer to receive data
from the Servicer on a monthly basis (at the time and in the manner specified in
Section 2.1(a) of the Backup
Servicing Agreement) and to ensure that the data is readable.

 

(ii)           On
a monthly basis, commencing with the Initial Collection Period, the Backup
Servicer shall (x) verify receipt of the Monthly Data Files, as set forth in
Appendix B, required to be delivered by the Servicer (at the time and in the
manner specified in Section 2.1(a) of
the Backup Servicing Agreement) and (y) verify that the records and data
contained in the monthly data files are in a readable format.

 

(iii)          On
the 10th Business Day after receipt of the Monthly Data Files and the Servicer’s
Certificate from the Servicer, the Backup Servicer shall notify the Servicer
that (i) the Backup Servicer has reviewed the Monthly Data Files for the
related Collection Period, (ii) a review of the information concerning
delinquency aging, defaults and ending Contract Value reflected on the Servicer’s
Certificate has been made and (iii) to the best of SST’s knowledge using
its best reasonable efforts, the data in such Monthly Data Files ties to such
items on the Servicer’s Certificate, resulting in no discrepancies between
them.  If the preceding statement cannot
be made in the affirmative, SST shall notify the Servicer of the nature of any
and all discrepancies.  The Backup Servicer
and the Servicer shall attempt to reconcile all discrepancies with respect to
such Servicer’s Certificate. The effect, if any, of such reconciliation shall
be reflected in the next succeeding Servicer’s Certificate.

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