EXHIBIT 10.5
HYUNDAI ABS FUNDING LLC
Exhibit 10.5
ASSET REPRESENTATIONS REVIEW AGREEMENT
among
HYUNDAI AUTO RECEIVABLES TRUST 2026-B, as Issuer,
HYUNDAI CAPITAL AMERICA, as Servicer
and
CLAYTON FIXED INCOME SERVICES LLC,
as Asset Representations Reviewer
Dated as of June 17, 2026
(2026-B Asset Representations Review Agreement)
Table of Contents
Page
ARTICLE I USAGE AND DEFINITIONS
1
Section 1.1.
Usage and Definitions
1
Section 1.2.
Additional Definitions
1
ARTICLE II ENGAGEMENT OF ASSET REPRESENTATIONS REVIEWER
2
Section 2.1.
Engagement; Acceptance
2
Section 2.2.
Confirmation of Scope
2
ARTICLE III ASSET REPRESENTATIONS REVIEW PROCESS
2
Section 3.1.
Review Notices
2
Section 3.2.
Identification of Subject Receivables
2
Section 3.3.
Review Materials
3
Section 3.4.
Performance of Reviews
3
Section 3.5.
Review Reports
4
Section 3.6.
Limitations on Review Obligations
4
Section 3.7.
…