SEC Contract Filing

Filing Date: 2021-08-25

Document Content:
<DOCUMENT>
<TYPE>EX-10.3
<SEQUENCE>8
<FILENAME>exhibit10-3.htm
<DESCRIPTION>CONTRIBUTION AGREEMENT
<TEXT>
<html>
 <head>
 <title></title>
 <!-- Licensed to: Morgan Lewis
 Document created using EDGARfilings PROfile 7.5.1.0
 Copyright 1995 - 2021 Broadridge -->
 </head>
<body style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; text-align: left; color: #000000;" bgcolor="#ffffff">
 <div style="text-align: right;"><font style="font-weight: bold;">Exhibit 10.3</font><br>
 </div>
 <div style="text-align: right;"><font style="font-weight: bold; font-style: italic;">EXECUTION VERSION</font><font style="font-weight: bold;"><br>
 </font></div>
 <div><br>
 </div>
 <div>
 <div style="margin-bottom: 12pt;"><br>
 </div>
 <div style="margin-bottom: 12pt;"><br>
 </div>
 <div style="margin-bottom: 12pt;"><br>
 </div>
 <div style="text-align: center; margin-bottom: 12pt; font-family: 'Times New Roman'; font-weight: bold;">CONTRIBUTION AGREEMENT</div>
 <div style="margin-bottom: 12pt;"><br>
 </div>
 <div style="text-align: center; margin-bottom: 12pt; font-family: 'Times New Roman'; font-weight: bold;">between</div>
 <div style="margin-bottom: 12pt;"><br>
 </div>
 <div style="text-align: center; margin-bottom: 12pt; font-family: 'Times New Roman'; font-weight: bold;">EXETER HOLDINGS TRUST 2021-3<br>
 Transferee</div>
 <div style="margin-bottom: 12pt;"><br>
 </div>
 <div style="text-align: center; margin-bottom: 12pt; font-family: 'Times New Roman'; font-weight: bold;">and</div>
 <div style="margin-bottom: 12pt;"><br>
 </div>
 <div style="text-align: center; margin-bottom: 12pt; font-family: 'Times New Roman'; font-weight: bold;">EXETER AUTOMOBILE RECEIVABLES TRUST 2021-3<br>
 Transferor</div>
 <div style="margin-bottom: 12pt;"><br>
 </div>
 <div style="margin-bottom: 12pt;"><br>
 </div>
 <div style="margin-bottom: 12pt;"><br>
 </div>
 <div style="margin-bottom: 12pt;"><br>
 </div>
 <div style="margin-bottom: 12pt;"><br>
 </div>
 <div style="text-align: center; margin-bottom: 12pt; font-family: 'Times New Roman'; font-weight: bold;">Dated as of July 31, 2021</div>
 <div><br>
 </div>
 <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" id="DSPFPageBreakArea">
 <div style="page-break-after:always;" id="DSPFPageBreak">
 <hr style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;" noshade="noshade"></div>
 </div>
 <!--PROfilePageNumberReset%LCR%1%%%-->
 <div style="text-align: center; margin-bottom: 12pt; color: #000000; font-family: 'Times New Roman'; font-weight: bold;">TABLE OF CONTENTS</div>
 <div style="text-align: right; margin-bottom: 12pt; color: #000000; font-family: 'Times New Roman';"><u>Page</u></div>
 <table style="font-family: 'Times New Roman',Times,serif; font-size: 10pt; width: 100%; border-collapse: collapse; text-align: left; color: rgb(0, 0, 0);" id="za2b2a2b02fcd48fab92939c0beb78381" border="0" cellpadding="0" cellspacing="0">

 <tr>
 <td style="width: 20%; vertical-align: top;">
 <div style="font-family: 'Times New Roman'; font-weight: bold;">ARTICLE I</div>
 </td>
 <td style="width: 75%; vertical-align: top;">
 <div style="font-family: 'Times New Roman'; font-weight: bold;">DEFINITIONS</div>
 </td>
 <td style="width: 5%; vertical-align: top;">
 <div style="text-align: right; font-family: 'Times New Roman'; font-weight: bold;">1</div>
 </td>
 </tr>
 <tr>
 <td style="width: 20%; vertical-align: top;">
 <div style="margin-left: 36pt; font-family: 'Times New Roman';">SECTION 1.1</div>
 </td>
 <td style="width: 75%; vertical-align: top;">
 <div style="margin-left: 36pt; font-family: 'Times New Roman';">General</div>
 </td>
 <td style="width: 5%; vertical-align: top;">
 <div style="text-align: right; font-family: 'Times New Roman';">1</div>
 </td>
 </tr>
 <tr>
 <td style="width: 20%; vertical-align: top;">
 <div style="margin-left: 36pt; font-family: 'Times New Roman';">SECTION 1.2</div>
 </td>
 <td style="width: 75%; vertical-align: top;">
 <div style="margin-left: 36pt; font-family: 'Times New Roman';">Specific Terms</div>
 </td>
 <td style="width: 5%; vertical-align: top;">
 <div style="text-align: right; font-family: 'Times New Roman';">1</div>
 </td>
 </tr>
 <tr>
 <td style="width: 20%; vertical-align: top;">
 <div style="margin-left: 36pt; font-family: 'Times New Roman';">SECTION 1.3</div>
 </td>
 <td style="width: 75%; vertical-align: top;">
 <div style="margin-left: 36pt; font-family: 'Times New Roman';">Usage of Terms</div>
 </td>
 <td style="width: 5%; vertical-align: top;">
 <div style="text-align: right; font-family: 'Times New Roman';">2</div>
 </td>
 </tr>
 <tr>
 <td style="width: 20%; vertical-align: top;">
 <div style="margin-left: 36pt; font-family: 'Times New Roman';">SECTION 1.4</div>
 </td>
 <td style="width: 75%; vertical-align: top;">
 <div style="margin-left: 36pt; font-family: 'Times New Roman';">[Reserved]</div>
 </td>
 <td style="width: 5%; vertical-align: top;">
 <div style="text-align: right; font-family: 'Times New Roman';">2</div>
 </td>
 </tr>
 <tr>
 <td style="width: 20%; vertical-align: top;">
 <div style="margin-left: 36pt; font-family: 'Times New Roman';">SECTION 1.5</div>
 </td>
 <td style="width: 75%; vertical-align: top;">
 <div style="margin-left: 36pt; font-family: 'Times New Roman';">No Recourse</div>
 </td>
 <td style="width: 5%; vertical-align: top;">
 <div style="text-align: right; font-family: 'Times New Roman';">2</div>
 </td>
 </tr>
 <tr>
 <td style="width: 20%; vertical-align: top;">
 <div style="margin-left: 36pt; font-family: 'Times New Roman';">SECTION 1.6</div>
 </td>
 <td style="width: 75%; vertical-align: top;">
 <div style="margin-left: 36pt; font-family: 'Times New Roman';">Action by or Consent of Noteholders and Certificateholders</div>
 </td>
 <td style="width: 5%; vertical-align: top;">
 <div style="text-align: right; font-family: 'Times New Roman';">3</div>
 </td>
 </tr>
 <tr>
 <td style="width: 20%; vertical-align: top;">
 <div style="fo