Document:

Exh101_SCUSAARLSAAmendNo1

EXECUTION VERSION

AMENDMENT NO. 1 TO 
AMENDED AND RESTATED LOAN AND SERVICING AGREEMENT
This AMENDMENT NO. 1 TO AMENDED AND RESTATED LOAN AND SERVICING AGREEMENT, dated as of February 14, 2013 (this “Amendment”), is executed by and among DT WAREHOUSE II, LLC, a Delaware limited liability company, as Borrower, DT CREDIT COMPANY, LLC, an Arizona limited liability company, as Servicer, WELLS FARGO BANK, NATIONAL ASSOCIATION, a national banking association, as Paying Agent and Securities Intermediary, and SANTANDER CONSUMER USA INC., as Lender and Backup Servicer.  Capitalized terms used, but not otherwise defined herein, shall have the meanings ascribed thereto in the “Loan and Servicing Agreement” (defined below).
WITNESSETH:
WHEREAS, the Borrower, the Servicer, the Lender, the Backup Servicer, the Securities Intermediary and the Paying Agent entered into that certain Amended and Restated Loan and Servicing Agreement dated as of December 31, 2012 (the “Loan and Servicing Agreement”); and
WHEREAS, as provided herein, the parties hereto have agreed to amend certain provisions of the Loan and Servicing Agreement as described below.
NOW, THEREFORE, in consideration of the premises and the mutual agreements hereinafter set forth, and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereto hereby agree as follows:
SECTION 1.Amendment to the Loan and Servicing Agreement.  Effective as of the date hereof, and subject to the satisfaction of the conditions precedent and subsequent set forth in Section 2 hereof, the Loan and Servicing Agreement is hereby amended as follows:
1.1    Both definitions of “Facility Limited (Term Loans)” set forth in Section 1.01 of the Loan and Servicing Agreement are hereby deleted and the following definition of “Facility Limited (Term Loans)” shall be included in Section 1.01 in its proper alphabetical order:
“Facility Limit (Term Loans)” means at any time the Commitment (Term Loans).
1.2    Effective as of the January 27, 2013 Measurement Date, the definition of “Delinquency Measurement Contract” set forth in Section 1.01 of the Loan and Servicing Agreement is hereby amended and restated as follows:
“Delinquency Measurement Contract” means, as of any date of determination, a Contract, other than a Charged-Off Contract, as to which all or any portion of any Scheduled Payment in excess of 10.00% of such Scheduled Payment is due and unpaid for more than 60 days but less than 121 days.
1.3    The definition of “Level Two Trigger Event” set forth in Section 1.01 of the Loan and Servicing Agreement is hereby amended by deleting clause (a) thereof and substituting, in lieu thereof, respectively, the following:
(a)    (i) prior to December 31, 2013, the Rolling Average Delinquency Ratio (Managed Portfolio Contracts) shall exceed 12.50% on two or more consecutive Measurement Dates, and (ii) thereafter, the Rolling Average Delinquency Ratio (Managed Portfolio Contracts) shall, on two or more consecutive Measurement Dates, exceed the greater of 8.00% and lowest of the delinquency ratios for Managed Contracts (however so defined under each Residual Warehouse Facility) under any Residual Warehouse Facility which would result in an event of Termination.
SECTION 2.    Conditions to Effectiveness.  This Amendment shall become effective as of the date hereof upon receipt by the Lender of counterparts of this Amendment executed by each of the parties hereto.
SECTION 3.    Representations, Warranties and Confirmations.  Each of the Servicer and the Borrower hereby represents and warrants that:
3.1    It has the power and is duly authorized to execute and deliver this Amendment.
3.2    The execution and delivery of this Amendment has been duly authorized by all corporate or limited liability company action necessary on its part.
3.3    This Amendment and the Loan and Servicing Agreement as amended hereby, constitute legal, valid and binding obligations of such parties and are enforceable against such parties in accordance with their terms.
3.4    Immediately prior, and after giving all effect, to this Amendment, the covenants, representations and warranties of each such party, respectively, set forth in the Loan and Servicing Agreement and as amended hereby, are true and correct in all material respects as of the date hereof (except to the extent such representations or warranties relate solely to an earlier date and then as of such date).
3.5    Immediately prior, and after giving all effect, to this Amendment, no event, condition or circumstance has occurred and is continuing which constitutes an Event of Termination or Incipient Event of Termination.
SECTION 4.    Entire Agreement.  The parties hereto hereby agree that this Amendment constitutes the entire agreement concerning the subject matter hereof and supersedes any and all written and/or oral prior agreements, negotiations, correspondence, understandings and communications.
SECTION 5.    Effectiveness of Amendment.  Except as expressly amended by the terms of this Amendment, all terms and conditions of the Loan and Servicing Agreement shall remain in full force and effect and are hereby ratified and confirmed.  This Amendment is effective only for the specific purpose for which it is given and shall not operate as a consent, waiver, amendment or other modification of any other term or condition set forth in the Loan and Servicing Agreement or any right, power or remedy of any Lender under the Loan and Servicing Agreement.  Upon the effectiveness of this Amendment, each reference in the Loan and Servicing Agreement to “this Agreement” or “this Loan and Servicing Agreement” or words of like import shall mean and be references to the Loan and Servicing Agreement as amended hereby, and each reference in any other Facility Document to the Loan and Servicing Agreement or to any terms defined in the Loan and Servicing Agreement which are modified hereby shall mean and be references to the Loan and Servicing Agreement or to such terms as modified hereby.
SECTION 6.    GOVERNING LAW.  THIS AMENDMENT SHALL BE GOVERNED BY, AND CONSTRUED AND INTERPRETED IN ACCORDANCE WITH, THE LAWS OF THE STATE OF NEW YORK.
SECTION 7.    Severability.  In case any provision in this Amendment will be invalid, illegal or unenforceable, the validity, legality and enforceability of the remaining provisions will not in any way be affected or impaired thereby.
SECTION 8.    Binding Effect.  This Amendment shall be binding upon and shall be enforceable by parties hereto and their respective successors and permitted assigns.
SECTION 9.    Headings.  The Section headings herein are for convenience only and will not affect the construction hereof.
SECTION 10.    Novation.  This Amendment does not constitute a novation or termination of the Loan and Servicing Agreement or any Facility Document and all obligations thereunder are in all respects continuing with only the terms thereof being modified as provided herein.
SECTION 11.    Counterparts.  This Amendment may be executed in any number of counterparts, each of which so executed will be deemed to be an original, but all such counterparts will together constitute but one and the same instrument.
[SIGNATURE PAGE TO FOLLOW]
IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be duly executed and delivered by their respective authorized officers as of the date first above written.
DT WAREHOUSE II, LLC
By:  /s/ Jon Ehlinger                     
Name:  Jon Ehlinger 
Title:  Secretary
DT CREDIT COMPANY, LLC
By:  /s/ Jon Ehlinger                     
Name:  Jon Ehlinger 
Title:  Secretary
WELLS FARGO BANK, NATIONAL ASSOCIATION 
as Paying Agent and Securities Intermediary
By:  /s/ Jeanine C. Casey                 
Name:  Jeanine C. Casey 
Title:  Vice President
SANTANDER CONSUMER USA INC. 
as Lender and Backup Servicer
By:  /s/ Jason A. Kulas                 
Name:  Jason A. Kulas 
Title:  Chief Financial OfficerExh102_AmendNo2_LoanandSecurityAgmnt

EXECUTION COPY

AMENDMENT NO. 2 TO 
LOAN AND SECURITY AGREEMENT
This Amendment No. 2, dated as of March 15, 2013 (this “Amendment”), is among DT Warehouse V, LLC, as borrower (the “Borrower”), DT Credit Company, LLC, as servicer (the “Servicer”), Wells Fargo Bank, National Association, as lender (the “Lender”), Wells Fargo Securities, LLC, as administrative agent (the “Administrative Agent”), and Wells Fargo Bank, National Association, as collateral custodian (in such capacity, the “Collateral Custodian”) and backup servicer (in such capacity, the “Backup Servicer”), and relates to the Loan and Security Agreement, dated as of December 23, 2011, as amended by Amendment No. 1 to Loan and Security Agreement, dated as of December 11, 2012 (the “Original Loan Agreement” and, as amended by this Amendment, the “Loan Agreement”), in each case among the Borrower, the Servicer, the Lender, the Administrative Agent, the Collateral Custodian and the Backup Servicer.
Capitalized terms used herein and not otherwise defined shall have the meanings assigned to such terms in the Original Loan Agreement.
RECITALS
WHEREAS, the parties hereto desire to amend various provisions of the Original Loan Agreement on the terms and in the manner set forth herein.
NOW THEREFORE, in consideration of the premises and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereto agree as follows:
Section 1.01  Amendments.
(a)The definition of “Certificate of Title” in Section 1.1 of the Original Loan Agreement is hereby amended by deleting such definition in its entirety and replacing it with the following:
Certificate of Title:  With respect to a Financed Vehicle, (i) the original certificate of title relating thereto, or copies of correspondence to the applicable Registrar of Titles, and all enclosures thereto, for issuance of the original certificate of title or (ii) if the applicable Registrar of Titles issues a letter or other form of evidence of lien in lieu of a certificate of title (including electronic titling), the original lien entry letter or form or copies of correspondence to such applicable Registrar of Titles, and all enclosures thereto, for issuance of the original lien entry letter or form, which, in either case, shall name the related Obligor as the owner of such Financed Vehicle and the Originator, the Borrower, GO or the Administrative Agent, as secured party.
(b)    The definition of “Concentration Limits” in Section 1.1 of the Original Loan Agreement is hereby amended by adding the following clause (v) and removing the word “and” after clause (iii) and inserting after clause (iv):  

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(v)    not more than $30,000,000.00 of the Borrowing Base consist of Pledged Contracts that are GO Contracts.
(c)    The definition of “Contract” in Section 1.1 of the Original Loan Agreement is hereby amended by deleting such definition in its entirety and replacing it with the following:  
Contract:  A (i) retail installment or conditional sale contract, with any modifications made in accordance with the Credit and Collection Policy, provided, however, that no such modification has reduced the Principal Balance or reduced the APR of such Contract, originated by any of DTCS or the Originator at any time, pursuant to which the related Obligor has (a) purchased a new or used Motor Vehicle from a DT Entity or, with the consent of the Administrative Agent, a Dealer, (b) granted a security interest in the Motor Vehicle to secure the Obligor’s payment obligations, and (c) agreed to pay the unpaid purchase price and a finance charge in periodic installments no less frequently than monthly and (ii) GO Contract.
(d)    The definition of “Dealer Agreement” in Section 1.1 of the Original Loan Agreement is hereby amended by deleting such definition in its entirety and replacing it with the following:
Dealer Agreement:  (i) An agreement between a DT Entity and the Originator or, with the prior written consent of the Administrative Agent, a Dealer and a DT Entity, regarding the terms and conditions of the acquisition by the Originator from such Dealer of Contracts, which agreement includes (a) certain representations, warranties and covenants of such Dealer acceptable to the Borrower with respect to the Contracts sold by such Dealer, (b) the agreement of such Dealer to repurchase the Contract and any related Contract with respect to which one or more of such representations and warranties has been breached and (c) the agreement by such Dealer to (x) maintain all licenses required by Applicable Law at the time of the sale by such Dealer of a Contract and (y) have had all licenses required by Applicable Law at the time of the origination by such Dealer of a Contract and (ii) a GO Dealer Agreement.
(e)    The definition of “GO” is hereby added, in its correct alphabetical order, in Section 1.1 of the Original Loan Agreement with the following:  
GO:  GFC Lending LLC.
(f)    The definition of “GO Contract” is hereby added, in its correct alphabetical order, in Section 1.1 of the Original Loan Agreement with the following:
GO Contract:  Each retail installment sales contract, containing, in substance, the material provisions set forth in the form attached hereto as Exhibit Q, relating to the sale of a Motor Vehicle which was (i) originated by a Dealer pursuant to which the related Obligor has (a) purchased a new or used Motor Vehicle from a Dealer, (b) granted a security interest in the Motor Vehicle to secured the Obligor’s payment obligations, and (c) agreed to pay the unpaid purchase price and a finance charge in periodic installments 

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no less frequently than monthly and (ii) sold to GO pursuant to the related GO Dealer Agreement.
(g)    The definition of “GO Dealer Agreement” is hereby added, in its correct alphabetical order, in Section 1.1 of the Original Loan Agreement with the following:
GO Dealer Agreement:  An agreement between GO and a Dealer, in substantially the form attached hereto as Exhibit R, regarding the terms and conditions of the acquisition by GO from such Dealer of GO Contracts, which agreement includes (i) the agreement of such Dealer to repurchase the GO Contract with respect to which one or more representations and warranties set forth therein has been breached, (ii) the agreement by such Dealer to (a) maintain all licenses required by Applicable Law at the time of the sale by such Dealer of each GO Contract and (b) have had all licenses required by Applicable Law at the time of the origination by such Dealer of each GO Contract and (iii) certain backend payments which shall be paid by GO.
(h)    The definition of “GO Origination Agreement” is hereby added, in its correct alphabetical order, in Section 1.1 of the Original Loan Agreement with the following:
GO Origination Agreement:  An agreement between GO and the Originator, which is approved by the Administrative Agent, regarding the terms and conditions of the acquisition by the Originator from GO of GO Contracts, which agreement includes (i) certain representations, warranties and covenants of GO acceptable to the Originator with respect to each GO Contract sold by GO, (ii) the agreement of GO to repurchase each GO Contract with respect to which one or more of such representations and warranties has been breached, and (iii) the agreement by GO to (a) maintain all licenses required by Applicable Law at the time of the sale by such Dealer of each GO Contract and (b) have had all licenses required by Applicable Law at the time of the origination by such Dealer of each GO Contract.
(i)    The definition of “Pledged Contract” in Section 1.1 of the Original Loan Agreement is hereby amended by deleting such definition in its entirety and replacing it with the following:
Pledged Contract:  At any date, each Contract (including any GO Contract) in which the Borrower at any time and from time to time has an interest, whether or not such Contract is an Eligible Contract, excluding any (i) Contract released from the Lien of this Agreement pursuant hereto and (ii) Terminated Contract.
(j)    Clause (xiii) of Section 11.1 of the Original Loan Agreement is hereby amended by deleting such clause in its entirety and replacing it with the following:
(xiii)    any failure by the Borrower to give reasonably equivalent value to the Originator in consideration for the transfer by the Originator to the Borrower of any of the Pledged Contracts and the related Collateral, any dispute or claim of a Dealer with 

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respect to any GO Dealer Agreement related to any Pledged Contracts including any backend payments, any dispute or claim of GO or the Originator with respect to the GO Origination Agreement, or any attempt by any Person to void or otherwise avoid any such transfer under any statutory provision or common law or equitable action, including any provision of any Insolvency Laws;
(k)    Clause (l) of Schedule A of the Original Loan Agreement is hereby amended by deleting such clause in its entirety and replacing it with the following:
(l)    that was either originated by DTCS or the Originator in a Permitted State or is a GO Contract;
(l)    Clause (q) of Schedule A of the Original Loan Agreement is hereby amended by deleting such clause in its entirety and replacing it with the following:
(q)    that, (i) if originated by DTCS, was transferred by DTCS to the Originator pursuant to the Origination Agreement, (a) at the time originated by DTCS or the Originator, satisfied the creditworthiness and other advance criteria in the Credit and Collection Policy or was otherwise approved by the Administrative Agent and (b) was originated without any fraud or misrepresentation on the part of DTCS, the Originator or any other Person and (ii) if a GO Contract, was transferred by GO to the Originator pursuant to the GO Origination Agreement, (a) at the time originated by the related Dealer, satisfied the creditworthiness and other advance criteria in the related GO Dealer Agreement or was otherwise approved by the Administrative Agent and (b) was originated without any fraud or misrepresentation on the part of such Dealer;
(m)    “Exhibit Q – Form of GO Contract” is added to the Original Loan Agreement, in substantially the form attached hereto as Annex 1
(n)    “Exhibit R – Form of GO Dealer Agreement” is added to the Original Loan Agreement, in substantially the form attached hereto as Annex 2.
Section 1.02  Representation and Warranties.
(a)    Each of the Borrower and the Servicer represents and warrants to the other parties hereto as of the date hereof that (i) each of its representations and warranties set forth in the Original Loan Agreement is true and correct in all material respects as if made on the date hereof (except to the extent any such representation and warranty expressly refers to an earlier date) and (ii) upon the effectiveness of this Amendment, no Termination Event has occurred and is continuing.
(b)    Each of the Borrower and the Servicer by executing this Amendment hereby represents and warrants that (i) the individual executing this Amendment on behalf of such party is duly authorized to do so, (ii) such party has full right and authority to enter into this Amendment and to consummate the transactions described in this Amendment and (iii) each of this Amendment, the Original Loan Agreement and the Loan Agreement constitutes the valid and 

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legally binding obligation of such party, enforceable against such party in accordance with its terms.
Section 1.03  Conditions to Effectiveness.  This Amendment shall become effective immediately when the parties hereto shall have received an executed counterpart of this Amendment, and (ii) a UCC-1 financing statement has been filed with respect to the GO Origination Agreement. 
Section 1.04  Waiver of Notice.  The parties hereto waive any notices required under the Original Loan Agreement in connection with this Amendment.
Section 1.05  Full Force and Effect.
(a)    Except as hereby modified pursuant to this Amendment, the Original Loan Agreement shall continue in full force and effect and is hereby ratified and confirmed by the Borrower in all respects.  The Original Loan Agreement and each of the other Transaction Documents, taken together, constitute and contain the entire agreement of the parties hereto and supersede any and all prior agreements, negotiations, correspondence, understandings and communications among the parties, whether written or oral, respecting the subject matter hereof and thereof.  Each of the Borrower and the Servicer understands that in the event of any subsequent litigation, controversy or dispute concerning any of the terms, conditions or provisions of this Amendment, it shall not be entitled to offer or introduce into evidence any oral promises or oral agreements between the parties relating to the subject matter of this Amendment not included or referred to herein and not reflected by a writing included or referred to herein.
(b)    The execution and delivery of this Amendment shall not, except as expressly provided herein, constitute a waiver of any provision of, or operate as a waiver of any right, power or remedy of the Lender under the Original Loan Agreement or any of the other Transaction Documents.
Section 1.06  GOVERNING LAW.  THE PROVISIONS RELATING TO GOVERNING LAW CONTAINED IN SECTION 15.6 OF THE ORIGINAL LOAN AGREEMENT SHALL APPLY TO THIS AMENDMENT.
Section 1.07  Execution in Counterparts.  This Amendment may be executed in any number of counterparts and by different parties hereto on separate counterparts, each of which counterparts, when so executed and delivered, shall be deemed to be an original and all of which counterparts, taken together, shall constitute but one and the same Amendment.

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IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be duly executed by their respective officers or managers thereunto duly authorized, as of the date first above written.
DT WAREHOUSE V, LLC, as Borrower
		
	By:
	/s/ Jon Ehlinger    

Name:  Jon Ehlinger 
Title:  Secretary
DT CREDIT COMPANY, LLC,  
as Servicer
		
	By:
	/s/ Jon Ehlinger    

Name:  Jon Ehlinger 
Title:  Secretary

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WELLS FARGO SECURITIES, LLC, as Administrative Agent
		
	By:
	  /s/ Steven J. Ellis    

Name:  Steven J. Ellis 
Title:  Managing Director
WELLS FARGO BANK, NATIONAL ASSOCIATION, as Backup Servicer and Collateral Custodian
		
	By:
	  /s/ Jeanine C. Casey    

Name:  Jeanine C. Casey 
Title:  Vice President
WELLS FARGO BANK, NATIONAL ASSOCIATION, as Lender 
		
	By:
	  /s/ Leah W. Miller    

Name:  Leah W. Miller 
Title:  Managing Director

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