Common use of Creation and Designation Clause in Contracts

Creation and Designation. (a) By this Supplement, there is created an Exchange Note to be issued under the Credit and Security Agreement and this Supplement and to be known as the “2015-A Exchange Note.” (b) The terms of the 2015-A Exchange Note are as follows: (i) the Exchange Note Issuance Date is April 28, 2015; (ii) the Exchange Note Initial Principal Balance for the 2015-A Exchange Note is $1,030,927,835.05; (iii) the Cutoff Date for the 2015-A Reference Pool is April 1, 2015; (iv) the Exchange Note Interest Rate for the 2015-A Exchange Note is 1.79%; (v) the Final Scheduled Payment Date for the 2015-A Exchange Note is November 15, 2019; and (vi) the 2015-A Exchange Note will be issued as a single class.

Creation and Designation. (a) By this Supplement, there is created an Exchange Note to be issued under pursuant to the Credit and Security Agreement and this Supplement and to be known as the “20152013-A Exchange Note.” (b) The terms of the 20152013-A Exchange Note are as follows: (i) the Exchange Note Issuance Date is April 28March 20, 20152013; (ii) the Exchange Note Initial Principal Balance for the 20152013-A Exchange Note is $1,030,927,835.05;1,064,026,804.12 (iii) the Cutoff Date for the 20152013-A Reference Pool is April March 1, 20152013; (iv) the Exchange Note Interest Rate for the 20152013-A Exchange Note is 1.791.80%; (v) the Final Scheduled Payment Date for the 20152013-A Exchange Note is November October 15, 20192017; and (vi) the 20152013-A Exchange Note will be issued as a single class.

Creation and Designation. (a) By this Supplement, there There is hereby created an Exchange Note to be issued under pursuant to the Credit and Security Agreement and this Supplement and to be known as the “20152011-A Exchange Note.” (b) The terms of the 20152011-A Exchange Note are as follows: (i) the Exchange Note Issuance Date is April 28July 5, 20152011; (ii) the Exchange Note Initial Principal Balance for the 20152011-A Exchange Note is $1,030,927,835.051,088,903,936.04; (iii) the Cutoff Date for the 20152011-A Reference Pool is April June 1, 20152011; (iv) the Exchange Note Interest Rate for the 20152011-A Exchange Note is 1.791.93%; (v) the Final Scheduled Payment Date for the 20152011-A Exchange Note is November January 15, 20192016; and (vi) the 20152011-A Exchange Note will be issued as a single class.

Creation and Designation. (a) By this Supplement, there There is hereby created an Exchange Note to be issued under pursuant to the Credit and Security Agreement and this Supplement and to be known as the “20152011-A B Exchange Note.” (b) The terms of the 20152011-A B Exchange Note are as follows: (i) the Exchange Note Issuance Date is April 28October 31, 20152011; (ii) the Exchange Note Initial Principal Balance for the 20152011-A B Exchange Note is $1,030,927,835.05;781,280,412.37 (iii) the Cutoff Date for the 20152011-A B Reference Pool is April October 1, 20152011; (iv) the Exchange Note Interest Rate for the 20152011-A B Exchange Note is 1.791.95%; (v) the Final Scheduled Payment Date for the 20152011-A B Exchange Note is November May 15, 20192016; and (vi) the 20152011-A B Exchange Note will be issued as a single class.

Creation and Designation. (a) By this Supplement, there is created an Exchange Note to be issued under the Credit and Security Agreement and this Supplement and to be known as the “20152014-A B Exchange Note.” (b) The terms of the 20152014-A B Exchange Note are as follows: (i) the Exchange Note Issuance Date is April 28July 29, 20152014; (ii) the Exchange Note Initial Principal Balance for the 20152014-A B Exchange Note is $1,030,927,835.051,546,391,752.58; (iii) the Cutoff Date for the 20152014-A B Reference Pool is April July 1, 20152014; (iv) the Exchange Note Interest Rate for the 20152014-A B Exchange Note is 1.791.60%; (v) the Final Scheduled Payment Date for the 20152014-A B Exchange Note is November February 15, 2019; and (vi) the 20152014-A B Exchange Note will be issued as a single class.

Creation and Designation. (a) By this Supplement, there is created an Exchange Note to be issued under pursuant to the Credit and Security Agreement and this Supplement and to be known as the “20152012-A B Exchange Note.” (b) The terms of the 20152012-A B Exchange Note are as follows: (i) the Exchange Note Issuance Date is April 28October 3, 20152012; (ii) the Exchange Note Initial Principal Balance for the 20152012-A B Exchange Note is $1,030,927,835.05;859,198,969.07 (iii) the Cutoff Date for the 20152012-A B Reference Pool is April September 1, 20152012; (iv) the Exchange Note Interest Rate for the 20152012-A B Exchange Note is 1.791.51%; (v) the Final Scheduled Payment Date for the 20152012-A B Exchange Note is November March 15, 20192017; and (vi) the 20152012-A B Exchange Note will be issued as a single class.

Creation and Designation. (a) By this Supplement, there is created an Exchange Note to be issued under pursuant to the Credit and Security Agreement and this Supplement and to be known as the “20152014-A Exchange Note.” (b) The terms of the 20152014-A Exchange Note are as follows: (i) the Exchange Note Issuance Date is April 28March 26, 20152014; (ii) the Exchange Note Initial Principal Balance for the 20152014-A Exchange Note is $1,030,927,835.051,428,701,030.93; (iii) the Cutoff Date for the 20152014-A Reference Pool is April March 1, 20152014; (iv) the Exchange Note Interest Rate for the 20152014-A Exchange Note is 1.791.31%; (v) the Final Scheduled Payment Date for the 20152014-A Exchange Note is November October 15, 20192018; and (vi) the 20152014-A Exchange Note will be issued as a single class.

Creation and Designation. (a) By this Supplement, there is created an Exchange Note to be issued under pursuant to the Credit and Security Agreement and this Supplement and to be known as the “20152012-A Exchange Note.” (b) The terms of the 20152012-A Exchange Note are as follows: (i) the Exchange Note Issuance Date is April 28March 5, 20152012; (ii) the Exchange Note Initial Principal Balance for the 20152012-A Exchange Note is $1,030,927,835.05;1,211,597,938.14 (iii) the Cutoff Date for the 20152012-A Reference Pool is April February 1, 20152012; (iv) the Exchange Note Interest Rate for the 20152012-A Exchange Note is 1.791.62%; (v) the Final Scheduled Payment Date for the 20152012-A Exchange Note is November October 15, 20192016; and (vi) the 20152012-A Exchange Note will be issued as a single class.

Creation and Designation. (a) By this Supplement, there is created an Exchange Note to be issued under pursuant to the Credit and Security Agreement and this Supplement and to be known as the “20152013-A B Exchange Note.” (b) The terms of the 20152013-A B Exchange Note are as follows: (i) the Exchange Note Issuance Date is April 28October 30, 20152013; (ii) the Exchange Note Initial Principal Balance for the 20152013-A B Exchange Note is $1,030,927,835.051,039,113,402.06; (iii) the Cutoff Date for the 20152013-A B Reference Pool is April October 1, 20152013; (iv) the Exchange Note Interest Rate for the 20152013-A B Exchange Note is 1.791.52%; (v) the Final Scheduled Payment Date for the 20152013-A B Exchange Note is November August 15, 20192017; and (vi) the 20152013-A B Exchange Note will be issued as a single class.

Creation and Designation. (a) By this Supplement, there is created an Exchange Note to be issued under the Credit and Security Agreement and this Supplement and to be known as the “2015-A B Exchange Note.” (b) The terms of the 2015-A B Exchange Note are as follows: (i) the Exchange Note Issuance Date is April 28October 27, 2015; (ii) the Exchange Note Initial Principal Balance for the 2015-A B Exchange Note is $1,030,927,835.05; (iii) the Cutoff Date for the 2015-A B Reference Pool is April October 1, 2015; (iv) the Exchange Note Interest Rate for the 2015-A B Exchange Note is 1.792.45%; (v) the Final Scheduled Payment Date for the 2015-A B Exchange Note is November April 15, 20192020; and (vi) the 2015-A B Exchange Note will be issued as a single class.