Common use of Collateral Quality Matrix Clause in Contracts

Collateral Quality Matrix. For any date of determination, the intersection set forth in the matrices below that has been selected by the Servicer for use in determining the scores that are required to satisfy the Diversity Score Test, the XXXX Test, the WARR Test and the Weighted Average Spread Test. The Servicer may elect from time to time to apply a different intersection in the matrices set forth below upon notice to the Administrative Agent, however the Servicer may not elect to apply an intersection in which any Collateral Quality Test is not satisfied if there exists an intersection in which all of the Collateral Quality Tests would be satisfied. In determining whether the criteria set forth in the matrices are satisfied, the Servicer may interpolate linearly between either Weighted Average Spread or Minimum Recovery Rate (but not both) while leaving the other values in the matrices constant. Collateral Quality Matrix Minimum Diversity Score Minimum 20 - 25 25 - 30 30 - 35 35 - 40 >=40 WAS Minimum Recovery Rate 50% 3.50% 3100 3500 3700 3800 3800 4.00% 3300 3600 3800 3800 3800 4.50% 3400 3800 3800 3800 3800 5.00% 3600 3800 3800 3800 3800 Minimum Diversity Score Minimum 20 - 25 25 - 30 30 - 35 35 - 40 >=40 WAS Minimum Recovery Rate 49% 3.50% 3000 3300 3500 3700 3800 4.00% 3100 3500 3700 3800 3800 4.50% 3300 3600 3800 3800 3800 5.00% 3400 3800 3800 3800 3800 Minimum Diversity Score Minimum 20 - 25 25 - 30 30 - 35 35 - 40 >=40 WAS Minimum Recovery Rate 48% 3.50% 2900 3200 3400 3600 3700 4.00% 3000 3400 3600 3700 3800 4.50% 3200 3500 3700 3800 3800 5.00% 3300 3700 3800 3800 3800 Annex E WARR and XXXX Related Definitions

Collateral Quality Matrix. For any date of determination, the intersection set forth in the matrices below that has been selected by the Servicer for use in determining the scores that are required to satisfy the Diversity Score Test, the XXXX Test, the WARR Test and the Weighted Average Spread Test. The Servicer may elect from time to time to apply a different intersection in the matrices set forth below upon notice to the Administrative Agent, however the Servicer may not elect to apply an intersection in which any Collateral Quality Test is not satisfied if there exists an intersection in which all of the Collateral Quality Tests would be satisfied. In determining whether the criteria set forth in the matrices are satisfied, the Servicer may interpolate linearly between either Weighted Average Spread or Minimum Recovery Rate (but not both) while leaving the other values in the matrices constant. Collateral Quality Matrix Minimum Diversity Score Minimum WAS 20 - 25 25 - 30 30 - 35 35 - 40 >=40 WAS Minimum Recovery Rate 50% 3.50% 3100 3500 3700 3800 3800 4.00% 3300 3600 3800 3800 3800 4.50% 3400 3800 3800 3800 3800 5.00% 3600 3800 3800 3800 3800 Minimum Diversity Score Minimum WAS 20 - 25 25 - 30 30 - 35 35 - 40 >=40 WAS Minimum Recovery Rate 49% 3.50% 3000 3300 3500 3700 3800 4.00% 3100 3500 3700 3800 3800 4.50% 3300 3600 3800 3800 3800 5.00% 3400 3800 3800 3800 3800 Minimum Diversity Score Minimum WAS 20 - 25 25 - 30 30 - 35 35 - 40 >=40 WAS Minimum Recovery Rate 48% 3.50% 2900 3200 3400 3600 3700 4.00% 3000 3400 3600 3700 3800 4.50% 3200 3500 3700 3800 3800 5.00% 3300 3700 3800 3800 3800 Annex E WARR and XXXX Related Definitions

Collateral Quality Matrix. For any date of determination, the intersection set forth in the matrices below that has been selected by the Servicer for use in determining the scores that are required to satisfy the Diversity Score Test, the XXXX Test, the WARR Test and the Weighted Average Spread Test. The Servicer may elect from time to time to apply a different intersection in the matrices set forth below upon notice to the Administrative Agent, however the Servicer may not elect to apply an intersection in which any Collateral Quality Test is not satisfied if there exists an intersection in which all of the Collateral Quality Tests would be satisfied. In determining whether the criteria set forth in the matrices are satisfied, the Servicer may interpolate linearly between either Weighted Average Spread or Minimum Recovery Rate (but not both) while leaving the other values in the matrices constant. Collateral Quality CQT Matrix Minimum Diversity Score Minimum 20 - 25 25 - 30 30 - 35 35 - 40 18-19.99 20-24.99 25-29.99 30-34.99 35-39.99 >=40 WAS Minimum Recovery Rate 50% 3.50% 2700 3100 3500 3700 3800 3800 4.00% 2900 3300 3600 3800 3800 3800 4.50% 3000 3400 3800 3800 3800 3800 5.00% 3200 3600 3800 3800 3800 3800 Minimum Diversity Score Minimum 20 - 25 25 - 30 30 - 35 35 - 40 18-19.99 20-24.99 25-29.99 30-34.99 35-39.99 >=40 WAS Minimum Recovery Rate 49% 3.50% 2600 3000 3300 3500 3700 3800 4.00% 2700 3100 3500 3700 3800 3800 4.50% 2900 3300 3600 3800 3800 3800 5.00% 3000 3400 3800 3800 3800 3800 Minimum Diversity Score Minimum 20 - 25 25 - 30 30 - 35 35 - 40 18-19.99 20-24.99 25-29.99 30-34.99 35-39.99 >=40 WAS Minimum Recovery Rate 48% 3.50% 2500 2900 3200 3400 3600 3700 4.00% 2600 3000 3400 3600 3700 3800 4.50% 2800 3200 3500 3700 3800 3800 5.00% 2900 3300 3700 3800 3800 3800 Annex E WARR and XXXX Related Definitions

Collateral Quality Matrix. For any date of determination, the intersection set forth in the matrices below that has been selected by the Servicer for use in determining the scores that are required to satisfy the Diversity Score Test, the XXXX Test, the WARR Test and the Weighted Average Spread Test. The Servicer may elect from time to time to apply a different intersection in the matrices set forth below upon notice to the Administrative Agent, however the Servicer may not elect to apply an intersection in which any Collateral Quality Test is not satisfied if there exists an intersection in which all of the Collateral Quality Tests would be satisfied. In determining whether the criteria set forth in the matrices are satisfied, the Servicer may interpolate linearly between either Weighted Average Spread or Minimum Recovery Rate (but not both) while leaving the other values in the matrices constant. Collateral Quality Matrix Minimum Diversity Score Minimum 20 - 25 25 - 30 30 - 35 35 - 40 >=40 WAS Minimum Recovery Rate 50% 3.50% 3100 3500 3700 3800 3800 4.00% 3300 3600 3800 3800 3800 4.50% 3400 3800 3800 3800 3800 5.00% 3600 3800 3800 3800 3800 5.50% 3700 3800 3800 3800 3800 6.00% 3800 3800 3800 3800 3800 Minimum Diversity Score Minimum 20 - 25 25 - 30 30 - 35 35 - 40 >=40 WAS Minimum Recovery Rate 49% 3.50% 3000 3300 3500 3700 3800 4.00% 3100 3500 3700 3800 3800 4.50% 3300 3600 3800 3800 3800 5.00% 3400 3800 3800 3800 3800 5.50% 3600 3800 3800 3800 3800 Minimum Diversity Score Minimum 20 - 25 25 - 30 30 - 35 35 - 40 >=40 WAS Minimum Recovery Rate 49% 3.50% 3000 3300 3500 3700 3800 4.00% 3100 3500 3700 3800 3800 4.50% 3300 3600 3800 3800 3800 5.006.00% 34003800 3800 3800 3800 3800 Minimum Diversity Score Minimum 20 -25 25 -30 30 -35 35 -40 >=40 WAS Minimum Recovery Rate 48% 3.50% 2900 3200 3400 3600 3700 4.00% 3000 3400 3600 3700 3800 4.50% 3200 3500 3700 3800 3800 5.00% 3300 3700 3800 3800 3800 5.50% 3500 3800 3800 3800 3800 6.00% 3700 3800 3800 3800 3800 Minimum Diversity Score Minimum 20 -25 25 -30 30 -35 35 -40 >=40 WAS Minimum Recovery Rate 47% 3.50% 2800 3100 3300 3500 3600 4.00% 2900 3300 3500 3600 3700 4.50% 3100 3400 3600 3700 3800 5.00% 3200 3600 3700 3800 3800 5.50% 3400 3700 3800 3800 3800 6.00% 3600 3800 3800 3800 3800 Minimum Diversity Score Minimum 20 -25 25 -30 30 -35 35 -40 >=40 WAS Minimum Recovery Rate 46% 3.50% 2700 3000 3200 3400 3500 4.00% 2800 3200 3400 3500 3600 4.50% 3000 3300 3500 3600 3700 5.00% 3100 3500 3600 3700 3800 5.50% 3300 3600 3700 3800 3800 6.00% 3500 3700 3800 3800 3800 Minimum Diversity Score Minimum 20 -25 25 -30 30 -35 35 -40 >=40 WAS Minimum Recovery Rate 45% 3.50% 2600 2900 3100 3300 3400 4.00% 2700 3100 3300 3400 3500 4.50% 2900 3200 3400 3500 3600 5.00% 3000 3400 3500 3600 3700 5.50% 3200 3500 3600 3700 3800 6.00% 3400 3600 3700 3800 3800 Annex E WARR and XXXX Related Definitions

Collateral Quality Matrix. For any date of determination, the intersection set forth in the matrices below that has been selected by the Servicer for use in determining the scores that are required to satisfy the Diversity Score Test, the XXXX Test, the WARR Test and the Weighted Average Spread Test. The Servicer may elect from time to time to apply a different intersection in the matrices set forth below upon notice to the Administrative Agent, however the Servicer may not elect to apply an intersection in which any Collateral Quality Test is not satisfied if there exists an intersection in which all of the Collateral Quality Tests would be satisfied. In determining whether the criteria set forth in the matrices are satisfied, the Servicer may interpolate linearly between either Weighted Average Spread or Minimum Recovery Rate (but not both) while leaving the other values in the matrices constant. Collateral Quality Matrix Minimum Diversity Score Minimum 20 - 25 25 - 30 30 - 35 35 - 40 >=40 WAS Minimum Recovery Rate 50% 3.50% 3100 3500 3700 3800 3800 4.00% 3300 3600 3800 3800 3800 4.50% 3400 3800 3800 3800 3800 5.00% 3600 3800 3800 3800 3800 5.50% 0000 0000 0000 3800 3800 6.00% 3800 3800 3800 3800 3800 Minimum Diversity Score Minimum 20 - 25 25 - 30 30 - 35 35 - 40 >=40 WAS Minimum Recovery Rate 49% 3.50% 3000 3300 3500 0000 0000 0000 3700 3800 4.00% 3100 3500 3700 3800 3800 4.50% 3300 3600 3800 3800 3800 5.00% 3400 3800 3800 3800 3800 Minimum Diversity Score Minimum 20 - 25 25 - 30 30 - 35 35 - 40 >=40 WAS Minimum Recovery Rate 485.50% 3.50% 2900 3200 3400 3600 3700 4.00% 3000 3400 3600 3700 3800 4.50% 3200 3500 3700 3800 3800 5.00% 3300 3700 3800 3800 3800 Annex E WARR and XXXX Related Definitions3800

Collateral Quality Matrix. For any date of determination, the intersection set forth in the matrices below that has been selected by the Servicer for use in determining the scores that are required to satisfy the Diversity Score Test, the XXXX Test, the WARR Test and the Weighted Average Spread Test. The Servicer may elect from time to time to apply a different intersection in the matrices set forth below upon notice to the Administrative Agent, however the Servicer may not elect to apply an intersection in which any Collateral Quality Test is not satisfied if there exists an intersection in which all of the Collateral Quality Tests would be satisfied. In determining whether the criteria set forth in the matrices are satisfied, the Servicer may interpolate linearly between either Weighted Average Spread or Minimum Recovery Rate (but not both) while leaving the other values in the matrices constant. Collateral Quality Matrix Minimum Diversity Score Minimum 20 - 25 25 - 30 30 - 35 35 - 40 >=40 WAS Minimum Recovery Rate 50% 3.50% 3100 3500 3700 3800 3800 4.00% 3300 3600 3800 3800 3800 4.50% 3400 3800 3800 3800 3800 5.00% 3600 3800 3800 3800 3800 5.50% 0000 0000 0000 3800 3800 6.00% 3800 3800 3800 3800 3800 Minimum Diversity Score Minimum 20 - 25 25 - 30 30 - 35 35 - 40 >=40 WAS Minimum Recovery Rate 49% 3.50% 3000 3300 3500 0000 0000 0000 3700 3800 4.00% 3100 3500 3700 3800 3800 4.50% 3300 3600 3800 3800 3800 5.00% 3400 3800 3800 3800 3800 5.50% 3600 3800 3800 3800 3800 6.00% 3800 3800 3800 3800 3800 Minimum Diversity Score DMSLIBRARY01\30388519.v8 Minimum 20 - 25 25 - 30 30 - 35 35 - 40 >=40 WAS Minimum Recovery Rate 48% 3.50% 2900 3200 3400 3600 3700 4.00% 3000 3400 3600 3700 3800 4.50% 3200 3500 3700 3800 3800 5.00% 3300 3700 3800 3800 3800 5.50% 3500 3800 3800 3800 3800 6.00% 0000 0000 0000 3800 3800 Minimum Diversity Score WAS Minimum Recovery Rate 47% 3.50% 2800 3100 3300 3500 3600 4.00% 2900 3300 3500 3600 3700 4.50% 3100 3400 3600 3700 3800 5.00% 3200 3600 3700 3800 3800 5.50% 3400 3700 3800 3800 3800 6.00% 3600 3800 3800 3800 3800 Minimum Diversity Score WAS Minimum Recovery Rate 46% 3.50% 2700 3000 3200 3400 3500 4.00% 2800 3200 3400 3500 3600 4.50% 0000 0000 0000 3600 3700 5.00% 3100 0000 0000 0000 0000 5.50% 3300 3600 3700 3800 3800 6.00% 3500 3700 3800 3800 3800 Minimum Diversity Score Minimum 20 - 25 25 - 30 30 - 35 35 - 40 >=40 WAS Minimum Recovery Rate 45% 3.50% 2600 2900 3100 3300 3400 4.00% 2700 3100 3300 3400 3500 4.50% 2900 3200 3400 3500 3600 5.00% 3000 3400 3500 3600 3700 5.50% 3200 0000 0000 0000 0000 6.00% 0000 0000 0000 3800 3800 DMSLIBRARY01\30388519.v8 Annex E WARR and XXXX Related Definitions