SEC Contract Filing

Filing Date: 2018-08-29

Document Content:
<DOCUMENT>
<TYPE>EX-10.3
<SEQUENCE>5
<FILENAME>tv501943_ex10-3.htm
<DESCRIPTION>ADMINISTRATION AGREEMENT
<TEXT>
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<P STYLE="margin: 0">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right"><B>EXHIBIT 10.3</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right"><B>EXECUTION COPY</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">HONDA AUTO RECEIVABLES 2018-3 OWNER TRUST,<BR>
as Issuer,</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">AMERICAN HONDA FINANCE CORPORATION,<BR>
as Sponsor and Administrator,</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">AMERICAN HONDA RECEIVABLES LLC,<BR>
as Depositor,</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="text-transform: uppercase">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="text-transform: uppercase">U.S.
Bank National ASSOCIATION</FONT><BR>
as Indenture Trustee</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">ADMINISTRATION AGREEMENT</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">Dated August 28, 2018</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 5.75pt; text-align: center"><FONT STYLE="text-transform: uppercase">Table
of Contents</FONT></P>

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<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
 <TD STYLE="width: 15%; text-align: left">&nbsp;</TD>
 <TD STYLE="width: 75%; text-align: left">&nbsp;</TD>
 <TD STYLE="width: 10%; border-bottom: Black 1pt solid; text-align: center"><B>Page</B></TD></TR>
<TR STYLE="vertical-align: top">
 <TD STYLE="text-align: left">&nbsp;</TD>
 <TD STYLE="text-align: left">&nbsp;</TD>
 <TD STYLE="text-align: right">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
 <TD STYLE="padding-left: 9pt; text-indent: 0in">Section 1.01</TD>
 <TD STYLE="text-indent: 0in">Capitalized Terms; Interpretive Provisions</TD>
 <TD STYLE="text-align: right; text-indent: 0in">2</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
 <TD STYLE="padding-left: 9pt; text-indent: 0in">Section 1.02</TD>
 <TD STYLE="text-indent: 0in">Duties of the Administrator</TD>
 <TD STYLE="text-align: right; text-indent: 0in">2</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
 <TD STYLE="padding-left: 9pt; text-indent: 0in">Section 1.03</TD>
 <TD STYLE="text-indent: 0in">Records</TD>
 <TD STYLE="text-align: right; text-indent: 0in">8</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
 <TD STYLE="padding-left: 9pt; text-indent: 0in">Section 1.04</TD>
 <TD STYLE="text-indent: 0in">Compensation</TD>
 <TD STYLE="text-align: right; text-indent: 0in">9</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
 <TD STYLE="padding-left: 9pt; text-indent: 0in">Section 1.05</TD>
 <TD STYLE="text-indent: 0in">Additional Information to be Furnished to the Issuer</TD>
 <TD STYLE="text-align: right; text-indent: 0in">9</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
 <TD STYLE="padding-left: 9pt; text-indent: 0in">Section 1.06</TD>
 <TD STYLE="text-indent: 0in">Independence of the Administrator</TD>
 <TD STYLE="text-align: right; text-indent: 0in">9</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
 <TD STYLE="padding-left: 9pt; text-indent: 0in">Section 1.07</TD>
 <TD STYLE="text-indent: 0in">No Joint Venture</TD>
 <TD STYLE="text-align: right; text-indent: 0in">9</TD></TR>
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 <TD STYLE="padding-left: 9pt; text-indent: 0in">Section 1.08</TD>
 <TD STYLE="text-indent: 0in">Other Activities of Administrator</TD>
 <TD STYLE="text-align: right; text-indent: 0in">9</TD></TR>
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 <TD STYLE="padding-left: 9pt; text-indent: 0in">Section 1.09</TD>
 <TD STYLE="text-indent: 0in">Term of Agreement; Resignation and Removal of Administrator</TD>
 <TD STYLE="text-align: right; text-indent: 0in">9</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
 <TD STYLE="padding-left: 9pt; text-indent: 0in">Section 1.10</TD>
 <