UNDERWRITING AGREEMENT

Underwriting Agreement

You are currently viewing:

This Underwriting Agreement involves

CAPITAL ONE AUTO FINANCE, INC. | CAPITAL ONE AUTO RECEIVABLES, LLC | Barclays Capital Inc. | J.P. Morgan Securities Inc. | ABN AMRO Incorporated | Credit Suisse Securities (USA) LLC | Deutsche Bank Securities Inc. | Morgan Stanley & Co. Incorporated | RBC Capital Markets Corporation

. RealDealDocs™ contains millions of easily searchable legal documents and clauses from top law firms. Search for free - click here.

Title: UNDERWRITING AGREEMENT
Date: 2/21/2007

UNDERWRITING AGREEMENT, Parties: capital one auto finance inc. , capital one auto receivables llc , barclays capital inc. , j.p. morgan securities inc. , abn amro incorporated , credit suisse securities (usa) llc , deutsche bank securities inc. , morgan stanley & co. incorporated , rbc capital markets corporation

E XHIBIT 1.2

CAPITAL ONE AUTO FINANCE TRUST 2007-A

ASSET BACKED NOTES

TERMS AGREEMENT

Dated: February 6, 2007

To:	CAPITAL ONE AUTO FINANCE, INC.

CAPITAL ONE AUTO RECEIVABLES, LLC

Re:	Underwriting Agreement, dated February 2, 2007

1. Terms of the Notes


Class	Initial Note Balance		Interest Rate		Final Scheduled Payment Date
A-1	$	289,000,000	5.32120	%	February 2008
A-2	$	430,000,000	5.33	%	May 2010
A-3-A	$	167,000,000	5.25	%	August 2011
A-3-B	$	167,000,000	LIBOR		August 2011
A-4	$	447,000,000	LIBOR + 0.02	%	November 2013

2. Underwriters

The Underwriters named below are the “Underwriters” for the purpose of this Agreement and for the purposes of the above-referenced Underwriting Agreement as such Underwriting Agreement is incorporated herein and made a part hereof.

Barclays Capital Inc.

J.P. Morgan Securities Inc.

ABN AMRO Incorporated

Credit Suisse Securities (USA) LLC

Deutsche Bank Securities Inc.

Morgan Stanley & Co. Incorporated

RBC Capital Markets Corporation

3. Ratings


Class	Standard & Poor’s	Moody’s	Fitch
A-1	A-1+	Prime - 1	F1+
A-2	AAA	Aaa	AAA
A-3-A	AAA	Aaa	AAA
A-3-B	AAA	Aaa	AAA
A-4	AAA	Aaa	AAA

4. Underwriting Liability


Underwriting Liability	Class A-1		Class A-2		Class A-3-A		Class A-3-B		Class A-4
Barclays Capital Inc.	$	42,000,000	$	62,500,000	$	24,750,000	$	24,750,000	$	64,750,000
J.P. Morgan Securities Inc.	$	42,000,000	$	62,500,000	$	24,750,000	$	24,750,000	$	64,750,000
ABN AMRO Incorporated	$	41,000,000	$	61,000,000	$	23,500,000	$	23,500,000	$	63,500,000

SITE SEARCH

AGREEMENTS / CONTRACTS

CLAUSES

Search Contract Clauses >>

Browse Contract Clause Library>>

Get Email Updates