SEC Contract Filing

Filing Date: 2024-08-13

Document Content:
<DOCUMENT>
<TYPE>EX-10.5
<SEQUENCE>8
<FILENAME>tm2418985d7_ex10-5.htm
<DESCRIPTION>EXHIBIT 10.5
<TEXT>
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right"><B>Exhibit&nbsp;10.5</B></P>

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

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

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

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">HONDA AUTO RECEIVABLES 2024-3 OWNER TRUST,</P>

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

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

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

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">CLAYTON FIXED INCOME SERVICES LLC,</P>

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">Dated as of August&nbsp;21, 2024</P>

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

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

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 <TD COLSPAN="3" STYLE="text-align: center"><FONT STYLE="text-transform: uppercase"><B>Table of Contents</B></FONT></TD></TR>
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 <TD COLSPAN="3" STYLE="text-align: center">&nbsp;</TD></TR>
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 <TD STYLE="text-align: right; width: 6%"><FONT STYLE="font-size: 10pt"><B><U>Page</U></B></FONT></TD></TR>
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 <TD STYLE="text-align: center">&nbsp;</TD>
 <TD>&nbsp;</TD>
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 <TD COLSPAN="2"><FONT STYLE="font-size: 10pt; text-transform: uppercase">Article I</FONT> USAGE AND DEFINITIONS</TD>
 <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt; text-transform: uppercase">1</FONT></TD></TR>
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 <TD STYLE="text-align: center">&nbsp;</TD>
 <TD>&nbsp;</TD>
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 <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">Section 1.1.</FONT></TD>
 <TD><FONT STYLE="font-size: 10pt">Usage and Definitions</FONT></TD>
 <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">1</FONT></TD></TR>
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 <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">Section 1.2.</FONT></TD>
 <TD><FONT STYLE="font-size: 10pt">Additional Definitions</FONT></TD>
 <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">2</FONT></TD></TR>
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 <TD STYLE="text-align: center">&nbsp;</TD>
 <TD>&nbsp;</TD>
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 <TD COLSPAN="2"><FONT STYLE="font-size: 10pt; text-transform: uppercase">Article II</FONT> ENGAGEMENT
 OF ASSET REPRESENTATIONS REVIEWER</TD>
 <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt; text-transform: uppercase">2</FONT></TD></TR>
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 <TD STYLE="text-align: center">&nbsp;</TD>
 <TD>&nbsp;</TD>
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 <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">Section 2.1.</FONT></TD>
 <TD><FONT STYLE="font-size: 10pt">Engagement; Acceptance</FONT></TD>
 <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">2</FONT></TD></TR>
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 <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">Section 2.2.</FONT></TD>
 <TD><FONT STYLE="font-size: 10pt">Confirmation of Scope</FONT></TD>
 <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">2</FONT></TD></TR>
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 <TD STYLE="text-align: center">&nbsp;</TD>
 <TD>&nbsp;</TD>
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 <TD COLSPAN="2"><FONT STYLE="font-size: 10pt; text-transform: uppercase">Article III ASSET REPRESENTATIONS
 REVIEW PROCESS</FONT></TD>
 <TD STYLE="text-align: right">3</TD></TR>
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