Common use of Demand Note Draw Clause in Contracts

Demand Note Draw. If the amount to be deposited in the Series 2016-1 Distribution Account in accordance with Section 2.5(a) together with any amounts to be deposited therein in accordance with Section 2.5(b) on the Series 2016-1 Final Distribution Date is less than the Series 2016-1 Invested Amount and there are any Series 2016-1 Letters of Credit on such date, then, prior to 10:00 a.m. (New York City time) on the second Business Day prior to the Series 2016-1 Final Distribution Date, the Administrator shall instruct the Trustee in writing to make a demand (a “Demand Notice”) substantially in the form attached hereto as Exhibit G on the Demand Note Issuers for payment under the Series 2016-1 Demand Notes in an amount equal to the lesser of (i) such insufficiency and (ii) the Series 2016-1 Letter of Credit Amount. The Trustee shall, prior to 12:00 noon (New York City time) on the second Business Day preceding such Series 2016-1 Final Distribution Date deliver such Demand Notice to the Demand Note Issuers; provided, however, that if an Event of Bankruptcy (or the occurrence of an event described in clause (a) of the definition thereof, without the lapse of a period of 60 consecutive days) with respect to a Demand Note Issuer shall have occurred and be continuing, the Trustee shall not be required to deliver such Demand Notice to such Demand Note Issuer. The Trustee shall cause the proceeds of any demand on the Series 2016-1 Demand Notes to be deposited into the Series 2016-1 Distribution Account.

Demand Note Draw. If the amount to be deposited in the Series 20162010-1 4 Distribution Account in accordance with Section 2.5(a) together with any amounts to be deposited therein in accordance with Section 2.5(b) on the Series 20162010-1 4 Final Distribution Date is less than the Series 20162010-1 4 Invested Amount and there are any Series 20162010-1 4 Letters of Credit on such date, then, prior to 10:00 a.m. (New York City time) on the second Business Day prior to the Series 20162010-1 4 Final Distribution Date, the Administrator shall instruct the Trustee in writing to make a demand (a “Demand Notice”) substantially in the form attached hereto as Exhibit G on the Demand Note Issuers for payment under the Series 20162010-1 4 Demand Notes in an amount equal to the lesser of (i) such insufficiency and (ii) the Series 20162010-1 4 Letter of Credit Amount. The Trustee shall, prior to 12:00 noon (New York City time) on the second Business Day preceding such Series 20162010-1 4 Final Distribution Date deliver such Demand Notice to the Demand Note Issuers; provided, however, that if an Event of Bankruptcy (or the occurrence of an event described in clause (a) of the definition thereof, without the lapse of a period of 60 consecutive days) with respect to a Demand Note Issuer shall have occurred and be continuing, the Trustee shall not be required to deliver such Demand Notice to such Demand Note Issuer. The Trustee shall cause the proceeds of any demand on the Series 20162010-1 4 Demand Notes to be deposited into the Series 20162010-1 4 Distribution Account.

Demand Note Draw. If the amount to be deposited in the Series 20162014-1 Distribution Account in accordance with Section 2.5(a) together with any amounts to be deposited therein in accordance with Section 2.5(b) on the Series 20162014-1 Final Distribution Date is less than the Series 20162014-1 Invested Amount and there are any Series 20162014-1 Letters of Credit on such date, then, prior to 10:00 a.m. (New York City time) on the second Business Day prior to the Series 20162014-1 Final Distribution Date, the Administrator shall instruct the Trustee in writing to make a demand (a “Demand Notice”) substantially in the form attached hereto as Exhibit G on the Demand Note Issuers for payment under the Series 20162014-1 Demand Notes in an amount equal to the lesser of (i) such insufficiency and (ii) the Series 20162014-1 Letter of Credit Amount. The Trustee shall, prior to 12:00 noon (New York City time) on the second Business Day preceding such Series 20162014-1 Final Distribution Date deliver such Demand Notice to the Demand Note Issuers; provided, however, that if an Event of Bankruptcy (or the occurrence of an event described in clause (a) of the definition thereof, without the lapse of a period of 60 consecutive days) with respect to a Demand Note Issuer shall have occurred and be continuing, the Trustee shall not be required to deliver such Demand Notice to such Demand Note Issuer. The Trustee shall cause the proceeds of any demand on the Series 20162014-1 Demand Notes to be deposited into the Series 20162014-1 Distribution Account.

Demand Note Draw. If the amount to be deposited in the Series 20162017-1 Distribution Account in accordance with Section 2.5(a) together with any amounts to be deposited therein in accordance with Section 2.5(b) on the Series 20162017-1 Final Distribution Date is less than the Series 20162017-1 Senior Invested Amount and there are any Series 20162017-1 Letters of Credit on such date, then, prior to 10:00 a.m. (New York City time) on the second Business Day prior to the Series 20162017-1 Final Distribution Date, the Administrator shall instruct the Trustee in writing to make a demand (a “Demand Notice”) substantially in the form attached hereto as Exhibit G H on the Demand Note Issuers for payment under the Series 20162017-1 Demand Notes in an amount equal to the lesser of (i) such insufficiency and (ii) the Series 20162017-1 Letter of Credit Amount. The Trustee shall, prior to 12:00 noon (New York City time) on the second Business Day preceding such Series 20162017-1 Final Distribution Date deliver such Demand Notice to the Demand Note Issuers; provided, however, that if an Event of Bankruptcy (or the occurrence of an event described in clause (a) of the definition thereof, without the lapse of a period of 60 consecutive days) with respect to a Demand Note Issuer shall have occurred and be continuing, the Trustee shall not be required to deliver such Demand Notice to such Demand Note Issuer. The Trustee shall cause the proceeds of any demand on the Series 20162017-1 Demand Notes to be deposited into the Series 20162017-1 Distribution Account.

Demand Note Draw. If the amount to be deposited in the Series 20162020-1 Distribution Account in accordance with Section 2.5(a) together with any amounts to be deposited therein in accordance with Section 2.5(b) on the Series 20162020-1 Final Distribution Date is less than the Series 20162020-1 Senior Invested Amount and there are any Series 20162020-1 Letters of Credit on such date, then, prior to 10:00 a.m. (New York City time) on the second Business Day prior to the Series 20162020-1 Final Distribution Date, the Administrator shall instruct the Trustee in writing to make a demand (a “Demand Notice”) substantially in the form attached hereto as Exhibit G H on the Demand Note Issuers for payment under the Series 20162020-1 Demand Notes in an amount equal to the lesser of (i) such insufficiency and (ii) the Series 20162020-1 Letter of Credit Amount. The Trustee shall, prior to 12:00 noon (New York City time) on the second Business Day preceding such Series 20162020-1 Final Distribution Date deliver such Demand Notice to the Demand Note Issuers; provided, however, that if an Event of Bankruptcy (or the occurrence of an event described in clause (a) of the definition thereof, without the lapse of a period of 60 sixty (60) consecutive days) with respect to a Demand Note Issuer shall have occurred and be continuing, the Trustee shall not be required to deliver such Demand Notice to such Demand Note Issuer. The Trustee shall cause the proceeds of any demand on the Series 20162020-1 Demand Notes to be deposited into the Series 20162020-1 Distribution Account.

Demand Note Draw. If the amount to be deposited in the Series 20162019-1 3 Distribution Account in accordance with Section 2.5(a) together with any amounts to be deposited therein in accordance with Section 2.5(b) on the Series 20162019-1 3 Final Distribution Date is less than the Series 20162019-1 3 Senior Invested Amount and there are any Series 20162019-1 3 Letters of Credit on such date, then, prior to 10:00 a.m. (New York City time) on the second Business Day prior to the Series 20162019-1 3 Final Distribution Date, the Administrator shall instruct the Trustee in writing to make a demand (a “Demand Notice”) substantially in the form attached hereto as Exhibit G H on the Demand Note Issuers for payment under the Series 20162019-1 3 Demand Notes in an amount equal to the lesser of (i) such insufficiency and (ii) the Series 20162019-1 3 Letter of Credit Amount. The Trustee shall, prior to 12:00 noon (New York City time) on the second Business Day preceding such Series 20162019-1 3 Final Distribution Date deliver such Demand Notice to the Demand Note Issuers; provided, however, that if an Event of Bankruptcy (or the occurrence of an event described in clause (a) of the definition thereof, without the lapse of a period of 60 sixty (60) consecutive days) with respect to a Demand Note Issuer shall have occurred and be continuing, the Trustee shall not be required to deliver such Demand Notice to such Demand Note Issuer. The Trustee shall cause the proceeds of any demand on the Series 20162019-1 3 Demand Notes to be deposited into the Series 20162019-1 3 Distribution Account.

Demand Note Draw. If the amount to be deposited in the Series 20162012-1 Distribution Account in accordance with Section 2.5(a5.5(a) together with any amounts to be deposited therein in accordance with Section 2.5(b5.5(c) and Section 5.5(d)(i) on the Series 20162012-1 Final Distribution Termination Date is less than the Series 20162012-1 Invested Amount Amount, and there are any Series 20162012-1 Letters of Credit or amounts on deposit in the Series 2012-1 Cash Collateral Account on such date, then, prior to 10:00 a.m. (New York City time) on the second Business Day prior to the Series 20162012-1 Final Distribution Termination Date, the Administrator shall instruct the Trustee in writing to make deliver a demand (a “Demand Notice”) substantially in the form attached hereto as Exhibit G on the Demand Note Issuers Notice to BRAC for payment under the Series 20162012-1 Demand Notes in an amount equal to the lesser of (i) such insufficiency and (ii) the Series 20162012-1 Letter of Credit Amount. The Trustee shall, prior to 12:00 noon (New York City time) on the second Business Day preceding such the Series 20162012-1 Final Distribution Date Termination Date, deliver such Demand Notice to the Demand Note IssuersABCR; provided, however, that if an Event of Bankruptcy (or the occurrence of an event described in clause (a) of the definition thereof, without the lapse of a period of 60 consecutive days) with respect to a Demand Note Issuer BRAC shall have occurred and be continuing, the Trustee shall not be required to deliver such Demand Notice to such Demand Note IssuerBRAC. The Trustee shall cause the proceeds of any demand on the Series 20162012-1 Demand Notes to be deposited into the Series 20162012-1 Distribution Account.

Demand Note Draw. If the amount to be deposited in the Series 20162011-1 3 Distribution Account in accordance with Section 2.5(a) together with any amounts to be deposited therein in accordance with Section 2.5(b) on the Series 20162011-1 3 Final Distribution Date is less than the Series 20162011-1 3 Invested Amount and there are any Series 20162011-1 3 Letters of Credit on such date, then, prior to 10:00 a.m. (New York City time) on the second Business Day prior to the Series 20162011-1 3 Final Distribution Date, the Administrator shall instruct the Trustee in writing to make a demand (a “Demand Notice”) substantially in the form attached hereto as Exhibit G on the Demand Note Issuers for payment under the Series 20162011-1 3 Demand Notes in an amount equal to the lesser of (i) such insufficiency and (ii) the Series 20162011-1 3 Letter of Credit Amount. The Trustee shall, prior to 12:00 noon (New York City time) on the second Business Day preceding such Series 20162011-1 3 Final Distribution Date deliver such Demand Notice to the Demand Note Issuers; provided, however, that if an Event of Bankruptcy (or the occurrence of an event described in clause (a) of the definition thereof, without the lapse of a period of 60 consecutive days) with respect to a Demand Note Issuer shall have occurred and be continuing, the Trustee shall not be required to deliver such Demand Notice to such Demand Note Issuer. The Trustee shall cause the proceeds of any demand on the Series 20162011-1 3 Demand Notes to be deposited into the Series 20162011-1 3 Distribution Account.

Demand Note Draw. If the amount to be deposited in the Series 20162012-1 3 Distribution Account in accordance with Section 2.5(a) together with any amounts to be deposited therein in accordance with Section 2.5(b) on the Series 20162012-1 3 Final Distribution Date is less than the Series 20162012-1 3 Invested Amount and there are any Series 20162012-1 3 Letters of Credit on such date, then, prior to 10:00 a.m. (New York City time) on the second Business Day prior to the Series 20162012-1 3 Final Distribution Date, the Administrator shall instruct the Trustee in writing to make a demand (a “Demand Notice”) substantially in the form attached hereto as Exhibit G on the Demand Note Issuers for payment under the Series 20162012-1 3 Demand Notes in an amount equal to the lesser of (i) such insufficiency and (ii) the Series 20162012-1 3 Letter of Credit Amount. The Trustee shall, prior to 12:00 noon (New York City time) on the second Business Day preceding such Series 20162012-1 3 Final Distribution Date deliver such Demand Notice to the Demand Note Issuers; provided, however, that if an Event of Bankruptcy (or the occurrence of an event described in clause (a) of the definition thereof, without the lapse of a period of 60 consecutive days) with respect to a Demand Note Issuer shall have occurred and be continuing, the Trustee shall not be required to deliver such Demand Notice to such Demand Note Issuer. The Trustee shall cause the proceeds of any demand on the Series 20162012-1 3 Demand Notes to be deposited into the Series 20162012-1 3 Distribution Account.

Demand Note Draw. If the amount to be deposited in the Series 20162010-1 Distribution Account in accordance with Section 2.5(a4.5(a) together with any amounts to be deposited therein in accordance with Section 2.5(b4.5(c) and Section 4.5(d)(i) on the Series 20162010-1 Final Distribution Termination Date is less than the Series 20162010-1 Invested Amount Amount, and there are any Series 20162010-1 Letters of Credit on such datedate or amounts on deposit in the Series 2010-1 Cash Collateral Account, then, prior to 10:00 a.m. (New York City time) on the second Business Day prior to the Series 20162010-1 Final Distribution Termination Date, the Administrator shall instruct the Trustee in writing to make deliver a demand (a “Demand Notice”) substantially in the form attached hereto as Exhibit G on Notice to the Demand Note Issuers Issuer for payment under the Series 20162010-1 Demand Notes in an amount equal to the lesser of (i) such insufficiency and (ii) the Series 20162010-1 Letter of Credit Amount. The Trustee shall, prior to 12:00 noon (New York City time) on the second Business Day preceding such the Series 20162010-1 Final Distribution Date Termination Date, deliver such Demand Notice to the Demand Note IssuersIssuer; provided, however, that if an Event of Bankruptcy (or the occurrence of an event described in clause (a) of the definition thereof, without the lapse of a period of 60 consecutive days) with respect to a the Demand Note Issuer shall have occurred and be continuing, the Trustee shall not be required to deliver such Demand Notice to such the Demand Note Issuer. The Trustee shall cause the proceeds of any demand on the Series 20162010-1 Demand Notes to be deposited into the Series 20162010-1 Distribution Account.

Demand Note Draw. If the amount to be deposited in the Series 20162013-1 Distribution Account in accordance with Section 2.5(a) together with any amounts to be deposited therein in accordance with Section 2.5(b) on the Series 20162013-1 Final Distribution Date is less than the Series 20162013-1 Invested Amount and there are any Series 20162013-1 Letters of Credit on such date, then, prior to 10:00 a.m. (New York City time) on the second Business Day prior to the Series 20162013-1 Final Distribution Date, the Administrator shall instruct the Trustee in writing to make a demand (a “Demand Notice”) substantially in the form attached hereto as Exhibit G on the Demand Note Issuers for payment under the Series 20162013-1 Demand Notes in an amount equal to the lesser of (i) such insufficiency and (ii) the Series 20162013-1 Letter of Credit Amount. The Trustee shall, prior to 12:00 noon (New York City time) on the second Business Day preceding such Series 20162013-1 Final Distribution Date deliver such Demand Notice to the Demand Note Issuers; provided, however, that if an Event of Bankruptcy (or the occurrence of an event described in clause (a) of the definition thereof, without the lapse of a period of 60 consecutive days) with respect to a Demand Note Issuer shall have occurred and be continuing, the Trustee shall not be required to deliver such Demand Notice to such Demand Note Issuer. The Trustee shall cause the proceeds of any demand on the Series 20162013-1 Demand Notes to be deposited into the Series 20162013-1 Distribution Account.

Demand Note Draw. If the amount to be deposited in the Series 20162010-1 2 Distribution Account in accordance with Section 2.5(a) together with any amounts to be deposited therein in accordance with Section 2.5(b) on the Series 20162010-1 2 Final Distribution Date is less than the Series 20162010-1 2 Invested Amount and there are any Series 20162010-1 2 Letters of Credit on such date, then, prior to 10:00 a.m. (New York City time) on the second Business Day prior to the Series 20162010-1 2 Final Distribution Date, the Administrator shall instruct the Trustee in writing to make a demand (a “Demand Notice”) substantially in the form attached hereto as Exhibit G F on the Demand Note Issuers for payment under the Series 20162010-1 2 Demand Notes in an amount equal to the lesser of (i) such insufficiency and (ii) the Series 20162010-1 2 Letter of Credit Amount. The Trustee shall, prior to 12:00 noon (New York City time) on the second Business Day preceding such Series 20162010-1 2 Final Distribution Date deliver such Demand Notice to the Demand Note Issuers; provided, however, that if an Event of Bankruptcy (or the occurrence of an event described in clause (a) of the definition thereof, without the lapse of a period of 60 consecutive days) with respect to a Demand Note Issuer shall have occurred and be continuing, the Trustee shall not be required to deliver such Demand Notice to such Demand Note Issuer. The Trustee shall cause the proceeds of any demand on the Series 20162010-1 2 Demand Notes to be deposited into the Series 20162010-1 2 Distribution Account.

Demand Note Draw. If the amount to be deposited in the Series 20162024-1 2 Distribution Account in accordance with Section 2.5(a) together with any amounts to be deposited therein in accordance with Section 2.5(b) on the Series 20162024-1 2 Final Distribution Date is less than the Series 20162024-1 2 Senior Invested Amount and there are any Multi-Series 2016-1 Letters of Credit on such date, then, prior to 10:00 a.m. (New York City time) on the second Business Day prior to the Series 20162024-1 2 Final Distribution Date, the Administrator shall instruct the Trustee in writing to make a demand (a “Demand Notice”) substantially in the form attached hereto as Exhibit G I on the Demand Note Issuers for payment under the Series 20162024-1 2 Demand Notes in an amount equal to the lesser of (ix) such insufficiency and (iiy) the Series 2016-1 sum of the Class A/B/C Letter of Credit Amount and the Class D Letter of Credit Amount. The Trustee shall, prior to 12:00 noon (New York City time) on the second Business Day preceding such Series 20162024-1 2 Final Distribution Date deliver such Demand Notice to the Demand Note Issuers; provided, however, that if an Event of Bankruptcy (or the occurrence of an event described in clause (a) of the definition 50 thereof, without the lapse of a period of 60 sixty (60) consecutive days) with respect to a Demand Note Issuer shall have occurred and be continuing, the Trustee shall not be required to deliver such Demand Notice to such Demand Note Issuer. The Trustee shall cause the proceeds of any demand on the Series 20162024-1 2 Demand Notes to be deposited into the Series 20162024-1 2 Distribution Account.

Demand Note Draw. If the amount to be deposited in the Series 20162019-1 Distribution Account in accordance with Section 2.5(a) together with any amounts to be deposited therein in accordance with Section 2.5(b) on the Series 20162019-1 Final Distribution Date is less than the Series 20162019-1 Senior Invested Amount and there are any Series 20162019-1 Letters of Credit on such date, then, prior to 10:00 a.m. (New York City time) on the second Business Day prior to the Series 20162019-1 Final Distribution Date, the Administrator shall instruct the Trustee in writing to make a demand (a “Demand Notice”) substantially in the form attached hereto as Exhibit G H on the Demand Note Issuers for payment under the Series 20162019-1 Demand Notes in an amount equal to the lesser of (i) such insufficiency and (ii) the Series 20162019-1 Letter of Credit Amount. The Trustee shall, prior to 12:00 noon (New York City time) on the second Business Day preceding such Series 20162019-1 Final Distribution Date deliver such Demand Notice to the Demand Note Issuers; provided, however, that if an Event of Bankruptcy (or the occurrence of an event described in clause (a) of the definition thereof, without the lapse of a period of 60 sixty (60) consecutive days) with respect to a Demand Note Issuer shall have occurred and be continuing, the Trustee shall not be required to deliver such Demand Notice to such Demand Note Issuer. The Trustee shall cause the proceeds of any demand on the Series 20162019-1 Demand Notes to be deposited into the Series 20162019-1 Distribution Account.

Demand Note Draw. If the amount to be deposited in the Series 20162015-1 Distribution Account in accordance with Section 2.5(a) together with any amounts to be deposited therein in accordance with Section 2.5(b) on the Series 20162015-1 Final Distribution Date is less than the Series 20162015-1 Invested Amount and there are any Series 20162015-1 Letters of Credit on such date, then, prior to 10:00 a.m. (New York City time) on the second Business Day prior to the Series 20162015-1 Final Distribution Date, the Administrator shall instruct the Trustee in writing to make a demand (a “Demand Notice”) substantially in the form attached hereto as Exhibit G on the Demand Note Issuers for payment under the Series 20162015-1 Demand Notes in an amount equal to the lesser of (i) such insufficiency and (ii) the Series 20162015-1 Letter of Credit Amount. The Trustee shall, prior to 12:00 noon (New York City time) on the second Business Day preceding such Series 20162015-1 Final Distribution Date deliver such Demand Notice to the Demand Note Issuers; provided, however, that if an Event of Bankruptcy (or the occurrence of an event described in clause (a) of the definition thereof, without the lapse of a period of 60 consecutive days) with respect to a Demand Note Issuer shall have occurred and be continuing, the Trustee shall not be required to deliver such Demand Notice to such Demand Note Issuer. The Trustee shall cause the proceeds of any demand on the Series 20162015-1 Demand Notes to be deposited into the Series 20162015-1 Distribution Account.

Demand Note Draw. If the amount to be deposited in the Series 20162011-1 Distribution Account in accordance with Section 2.5(a) together with any amounts to be deposited therein in accordance with Section 2.5(b) on the Series 20162011-1 Final Distribution Date is less than the Series 20162011-1 Invested Amount and there are any Series 20162011-1 Letters of Credit on such date, then, prior to 10:00 a.m. (New York City time) on the second Business Day prior to the Series 20162011-1 Final Distribution Date, the Administrator shall instruct the Trustee in writing to make a demand (a “Demand Notice”) substantially in the form attached hereto as Exhibit G on the Demand Note Issuers for payment under the Series 20162011-1 Demand Notes in an amount equal to the lesser of (i) such insufficiency and (ii) the Series 20162011-1 Letter of Credit Amount. The Trustee shall, prior to 12:00 noon (New York City time) on the second Business Day preceding such Series 20162011-1 Final Distribution Date deliver such Demand Notice to the Demand Note Issuers; provided, however, that if an Event of Bankruptcy (or the occurrence of an event described in clause (a) of the definition thereof, without the lapse of a period of 60 consecutive days) with respect to a Demand Note Issuer shall have occurred and be continuing, the Trustee shall not be required to deliver such Demand Notice to such Demand Note Issuer. The Trustee shall cause the proceeds of any demand on the Series 20162011-1 Demand Notes to be deposited into the Series 20162011-1 Distribution Account.

Demand Note Draw. If the amount to be deposited in the Series 20162017-1 2 Distribution Account in accordance with Section 2.5(a) together with any amounts to be deposited therein in accordance with Section 2.5(b) on the Series 20162017-1 2 Final Distribution Date is less than the Series 20162017-1 2 Senior Invested Amount and there are any Series 20162017-1 2 Letters of Credit on such date, then, prior to 10:00 a.m. (New York City time) on the second Business Day prior to the Series 20162017-1 2 Final Distribution Date, the Administrator shall instruct the Trustee in writing to make a demand (a “Demand Notice”) substantially in the form attached hereto as Exhibit G H on the Demand Note Issuers for payment under the Series 20162017-1 2 Demand Notes in an amount equal to the lesser of (i) such insufficiency and (ii) the Series 20162017-1 2 Letter of Credit Amount. The Trustee shall, prior to 12:00 noon (New York City time) on the second Business Day preceding such Series 20162017-1 2 Final Distribution Date deliver such Demand Notice to the Demand Note Issuers; provided, however, that if an Event of Bankruptcy (or the occurrence of an event described in clause (a) of the definition thereof, without the lapse of a period of 60 sixty (60) consecutive days) with respect to a Demand Note Issuer shall have occurred and be continuing, the AMERICAS 93983148 (2K) 37 Trustee shall not be required to deliver such Demand Notice to such Demand Note Issuer. The Trustee shall cause the proceeds of any demand on the Series 20162017-1 2 Demand Notes to be deposited into the Series 20162017-1 2 Distribution Account.

Demand Note Draw. If the amount to be deposited in the Series 20162012-1 Distribution Account in accordance with Section 2.5(a) together with any amounts to be deposited therein in accordance with Section 2.5(b) on the Series 20162012-1 Final Distribution Date is less than the Series 20162012-1 Invested Amount and there are any Series 20162012-1 Letters of Credit on such date, then, prior to 10:00 a.m. (New York City time) on the second Business Day prior to the Series 20162012-1 Final Distribution Date, the Administrator shall instruct the Trustee in writing to make a demand (a “Demand Notice”) substantially in the form attached hereto as Exhibit G on the Demand Note Issuers for payment under the Series 20162012-1 Demand Notes in an amount equal to the lesser of (i) such insufficiency and (ii) the Series 20162012-1 Letter of Credit Amount. The Trustee shall, prior to 12:00 noon (New York City time) on the second Business Day preceding such Series 20162012-1 Final Distribution Date deliver such Demand Notice to the Demand Note Issuers; provided, however, that if an Event of Bankruptcy (or the occurrence of an event described in clause (a) of the definition thereof, without the lapse of a period of 60 consecutive days) with respect to a Demand Note Issuer shall have occurred and be continuing, the Trustee shall not be required to deliver such Demand Notice to such Demand Note Issuer. The Trustee shall cause the proceeds of any demand on the Series 20162012-1 Demand Notes to be deposited into the Series 20162012-1 Distribution Account.

Demand Note Draw. If the amount to be deposited in the Series 20162009-1 2 Distribution Account in accordance with Section 2.5(a) together with any amounts to be deposited therein in accordance with Section 2.5(b) on the Series 20162009-1 2 Final Distribution Date Date, is less than the Series 20162009-1 2 Invested Amount and there are any Series 20162009-1 2 Letters of Credit on such date, then, prior to 10:00 a.m. (New York City time) on the second Business Day prior to the such Series 20162009-1 2 Final Distribution Date, the Administrator shall instruct the Trustee in writing to make a demand (a “Demand Notice”) substantially in the form attached hereto as Exhibit G F on the Demand Note Issuers for payment under the Series 20162009-1 2 Demand Notes in an amount equal to the lesser of (i) such insufficiency and (ii) the Series 20162009-1 2 Letter of Credit Amount. The Trustee shall, prior to 12:00 noon (New York City time) on the second Business Day preceding such Series 20162009-1 2 Final Distribution Date Date, deliver such Demand Notice to the Demand Note Issuers; provided, however, that if an Event of Bankruptcy (or the occurrence of an event described in clause (a) of the definition thereof, without the lapse of a period of 60 consecutive days) with respect to a Demand Note Issuer shall have occurred and be continuing, the Trustee shall not be required to deliver such Demand Notice to such Demand Note Issuer. The Trustee shall cause the proceeds of any demand on the Series 20162009-1 2 Demand Notes to be deposited into the Series 20162009-1 2 Distribution Account.

Demand Note Draw. If the amount to be deposited in the Series 20162010-1 6 Distribution Account in accordance with Section 2.5(a3.5(a) together with any amounts to be deposited therein in accordance with Section 2.5(b3.5(c) and Section 3.5(d)(i) on the Series 20162010-1 Final Distribution 6 Termination Date is less than the Series 20162010-1 6 Invested Amount Amount, and there are any Series 20162010-1 6 Letters of Credit on such date, then, prior to 10:00 a.m. (New York City time) on the second Business Day prior to the Series 20162010-1 Final Distribution 6 Termination Date, the Administrator shall instruct the Trustee in writing to make a demand (a “Demand Notice”) substantially in the form attached hereto as Exhibit G on the Demand Note Issuers for payment under the Series 20162010-1 6 Demand Notes in an amount equal to the lesser of (i) such insufficiency and (ii) the Series 20162010-1 6 Letter of Credit Amount. The Trustee shall, prior to 12:00 noon (New York City time) on the second Business Day preceding such the Series 20162010-1 Final Distribution Date 6 Termination Date, deliver such Demand Notice to the Demand Note Issuers; provided, however, that if an Event of Bankruptcy (or the occurrence of an event described in clause (a) of the definition thereof, without the lapse of a period of 60 consecutive days) with respect to a Demand Note Issuer shall have occurred and be continuing, the Trustee shall not be required to deliver such Demand Notice to such Demand Note Issuer. The Trustee shall cause the proceeds of any demand on the Series 20162010-1 6 Demand Notes to be deposited into the Series 20162010-1 6 Distribution Account.

Demand Note Draw. If the amount to be deposited in the Series 20162014-1 2 Distribution Account in accordance with Section 2.5(a) together with any amounts to be deposited therein in accordance with Section 2.5(b) on the Series 20162014-1 2 Final Distribution Date is less than the Series 20162014-1 2 Invested Amount and there are any Series 20162014-1 2 Letters of Credit on such date, then, prior to 10:00 a.m. (New York City time) on the second Business Day prior to the Series 20162014-1 2 Final Distribution Date, the Administrator shall instruct the Trustee in writing to make a demand (a “Demand Notice”) substantially in the form attached hereto as Exhibit G F on the Demand Note Issuers for payment under the Series 20162014-1 2 Demand Notes in an amount equal to the lesser of (i) such insufficiency and (ii) the Series 20162014-1 2 Letter of Credit Amount. The Trustee shall, prior to 12:00 noon (New York City time) on the second Business Day preceding such Series 20162014-1 2 Final Distribution Date deliver such Demand Notice to the Demand Note Issuers; provided, however, that if an Event of Bankruptcy (or the occurrence of an event described in clause (a) of the definition thereof, without the lapse of a period of 60 consecutive days) with respect to a Demand Note Issuer shall have occurred and be continuing, the Trustee shall not be required to deliver such Demand Notice to such Demand Note Issuer. The Trustee shall cause the proceeds of any demand on the Series 20162014-1 2 Demand Notes to be deposited into the Series 20162014-1 2 Distribution Account.

Demand Note Draw. If the amount to be deposited in the Series 20162011-1 5 Distribution Account in accordance with Section 2.5(a) together with any amounts to be deposited therein in accordance with Section 2.5(b) on the Series 20162011-1 5 Final Distribution Date is less than the Series 20162011-1 5 Invested Amount and there are any Series 20162011-1 5 Letters of Credit on such date, then, prior to 10:00 a.m. (New York City time) on the second Business Day prior to the Series 20162011-1 5 Final Distribution Date, the Administrator shall instruct the Trustee in writing to make a demand (a “Demand Notice”) substantially in the form attached hereto as Exhibit G on the Demand Note Issuers for payment under the Series 20162011-1 5 Demand Notes in an amount equal to the lesser of (i) such insufficiency and (ii) the Series 20162011-1 5 Letter of Credit Amount. The Trustee shall, prior to 12:00 noon (New York City time) on the second Business Day preceding such Series 20162011-1 5 Final Distribution Date deliver such Demand Notice to the Demand Note Issuers; provided, however, that if an Event of Bankruptcy (or the occurrence of an event described in clause (a) of the definition thereof, without the lapse of a period of 60 consecutive days) with respect to a Demand Note Issuer shall have occurred and be continuing, the Trustee shall not be required to deliver such Demand Notice to such Demand Note Issuer. The Trustee shall cause the proceeds of any demand on the Series 20162011-1 5 Demand Notes to be deposited into the Series 20162011-1 5 Distribution Account.

Demand Note Draw. If the amount to be deposited in the Series 20162012-1 2 Distribution Account in accordance with Section 2.5(a) together with any amounts to be deposited therein in accordance with Section 2.5(b) on the Series 20162012-1 2 Final Distribution Date is less than the Series 20162012-1 2 Invested Amount and there are any Series 20162012-1 2 Letters of Credit on such date, then, prior to 10:00 a.m. (New York City time) on the second Business Day prior to the Series 20162012-1 2 Final Distribution Date, the Administrator shall instruct the Trustee in writing to make a demand (a “Demand Notice”) substantially in the form attached hereto as Exhibit G on the Demand Note Issuers for payment under the Series 20162012-1 2 Demand Notes in an amount equal to the lesser of (i) such insufficiency and (ii) the Series 20162012-1 2 Letter of Credit Amount. The Trustee shall, prior to 12:00 noon (New York City time) on the second Business Day preceding such Series 20162012-1 2 Final Distribution Date deliver such Demand Notice to the Demand Note Issuers; provided, however, that if an Event of Bankruptcy (or the occurrence of an event described in clause (a) of the definition thereof, without the lapse of a period of 60 consecutive days) with respect to a Demand Note Issuer shall have occurred and be continuing, the Trustee shall not be required to deliver such Demand Notice to such Demand Note Issuer. The Trustee shall cause the proceeds of any demand on the Series 20162012-1 2 Demand Notes to be deposited into the Series 20162012-1 2 Distribution Account.

Demand Note Draw. If the amount to be deposited in the Series 20162024-1 2 Distribution Account in accordance with Section 2.5(a) together with any amounts to be deposited therein in accordance with Section 2.5(b) on the Series 20162024-1 2 Final Distribution Date is less than the Series 20162024-1 2 Senior Invested Amount and there are any Multi-Series 2016-1 Letters of Credit on such date, then, prior to 10:00 a.m. (New York City time) on the second Business Day prior to the Series 20162024-1 2 Final Distribution Date, the Administrator shall instruct the Trustee in writing to make a demand (a “Demand Notice”) substantially in the form attached hereto as Exhibit G I on the Demand Note Issuers for payment under the Series 20162024-1 2 Demand Notes in an amount equal to the lesser of (ix) such insufficiency and (iiy) the Series 2016-1 sum of the Class A/B/C Letter of Credit Amount and the Class D Letter of Credit Amount. The Trustee shall, prior to 12:00 noon (New York City time) on the second Business Day preceding such Series 20162024-1 2 Final Distribution Date deliver such Demand Notice to the Demand Note Issuers; provided, however, that if an Event of Bankruptcy (or the occurrence of an event described in clause (a) of the definition thereof, without the lapse of a period of 60 sixty (60) consecutive days) with respect to a Demand Note Issuer shall have occurred and be continuing, the Trustee shall not be required to deliver such Demand Notice to such Demand Note Issuer. The Trustee shall cause the proceeds of any demand on the Series 20162024-1 2 Demand Notes to be deposited into the Series 20162024-1 2 Distribution Account.

Demand Note Draw. If the amount to be deposited in the Series 20162018-1 Distribution Account in accordance with Section 2.5(a) together with any amounts to be deposited therein in accordance with Section 2.5(b) on the Series 20162018-1 Final Distribution Date is less than the Series 20162018-1 Senior Invested Amount and there are any Series 20162018-1 Letters of Credit on such date, then, prior to 10:00 a.m. (New York City time) on the second Business Day prior to the Series 20162018-1 Final Distribution Date, the Administrator shall instruct the Trustee in writing to make a demand (a “Demand Notice”) substantially in the form attached hereto as Exhibit G H on the Demand Note Issuers for payment under the Series 20162018-1 Demand Notes in an amount equal to the lesser of (i) such insufficiency and (ii) the Series 20162018-1 Letter of Credit Amount. The Trustee shall, prior to 12:00 noon (New York City time) on the second Business Day preceding such Series 20162018-1 Final Distribution Date deliver such Demand Notice to the Demand Note Issuers; provided, however, that if an Event of Bankruptcy (or the occurrence of an event described in clause (a) of the definition thereof, without the lapse of a period of 60 sixty (60) consecutive days) with respect to a Demand Note Issuer shall have occurred and be continuing, the Trustee shall not be required to deliver such Demand Notice to such Demand Note Issuer. The Trustee shall cause the proceeds of any demand on the Series 20162018-1 Demand Notes to be deposited into the Series 20162018-1 Distribution Account.

Demand Note Draw. If the amount to be deposited in the Series 2016-1 2 Distribution Account in accordance with Section 2.5(a) together with any amounts to be deposited therein in accordance with Section 2.5(b) on the Series 2016-1 2 Final Distribution Date is less than the Series 2016-1 2 Invested Amount and there are any Series 2016-1 2 Letters of Credit on such date, then, prior to 10:00 a.m. (New York City time) on the second Business Day prior to the Series 2016-1 2 Final Distribution Date, the Administrator shall instruct the Trustee in writing to make a demand (a “Demand Notice”) substantially in the form attached hereto as Exhibit G on the Demand Note Issuers for payment under the Series 2016-1 2 Demand Notes in an amount equal to the lesser of (i) such insufficiency and (ii) the Series 2016-1 2 Letter of Credit Amount. The Trustee shall, prior to 12:00 noon (New York City time) on the second Business Day preceding such Series 2016-1 2 Final Distribution Date deliver such Demand Notice to the Demand Note Issuers; provided, however, that if an Event of Bankruptcy (or the occurrence of an event described in clause (a) of the definition thereof, without the lapse of a period of 60 consecutive days) with respect to a Demand Note Issuer shall have occurred and be continuing, the Trustee shall not be required to deliver such Demand Notice to such Demand Note Issuer. The Trustee shall cause the proceeds of any demand on the Series 2016-1 2 Demand Notes to be deposited into the Series 2016-1 2 Distribution Account.

Demand Note Draw. If the amount to be deposited in the Series 20162010-1 3 Distribution Account in accordance with Section 2.5(a) together with any amounts to be deposited therein in accordance with Section 2.5(b) on the Series 20162010-1 3 Final Distribution Date is less than the Series 20162010-1 3 Invested Amount and there are any Series 20162010-1 3 Letters of Credit on such date, then, prior to 10:00 a.m. (New York City time) on the second Business Day prior to the Series 20162010-1 3 Final Distribution Date, the Administrator shall instruct the Trustee in writing to make a demand (a “Demand Notice”) substantially in the form attached hereto as Exhibit G F on the Demand Note Issuers for payment under the Series 20162010-1 3 Demand Notes in an amount equal to the lesser of (i) such insufficiency and (ii) the Series 20162010-1 3 Letter of Credit Amount. The Trustee shall, prior to 12:00 noon (New York City time) on the second Business Day preceding such Series 20162010-1 3 Final Distribution Date deliver such Demand Notice to the Demand Note Issuers; provided, however, that if an Event of Bankruptcy (or the occurrence of an event described in clause (a) of the definition thereof, without the lapse of a period of 60 consecutive days) with respect to a Demand Note Issuer shall have occurred and be continuing, the Trustee shall not be required to deliver such Demand Notice to such Demand Note Issuer. The Trustee shall cause the proceeds of any demand on the Series 20162010-1 3 Demand Notes to be deposited into the Series 20162010-1 3 Distribution Account.

Demand Note Draw. If the amount to be deposited in the Series 20162013-1 2 Distribution Account in accordance with Section 2.5(a) together with any amounts to be deposited therein in accordance with Section 2.5(b) on the Series 20162013-1 2 Final Distribution Date is less than the Series 20162013-1 2 Invested Amount and there are any Series 20162013-1 2 Letters of Credit on such date, then, prior to 10:00 a.m. (New York City time) on the second Business Day prior to the Series 20162013-1 2 Final Distribution Date, the Administrator shall instruct the Trustee in writing to make a demand (a “Demand Notice”) substantially in the form attached hereto as Exhibit G F on the Demand Note Issuers for payment under the Series 20162013-1 2 Demand Notes in an amount equal to the lesser of (i) such insufficiency and (ii) the Series 20162013-1 2 Letter of Credit Amount. The Trustee shall, prior to 12:00 noon (New York City time) on the second Business Day preceding such Series 20162013-1 2 Final Distribution Date deliver such Demand Notice to the Demand Note Issuers; provided, however, that if an Event of Bankruptcy (or the occurrence of an event described in clause (a) of the definition thereof, without the lapse of a period of 60 consecutive days) with respect to a Demand Note Issuer shall have occurred and be continuing, the Trustee shall not be required to deliver such Demand Notice to such Demand Note Issuer. The Trustee shall cause the proceeds of any demand on the Series 20162013-1 2 Demand Notes to be deposited into the Series 20162013-1 2 Distribution Account.

Demand Note Draw. If the amount to be deposited in the Series 20162010-1 5 Distribution Account in accordance with Section 2.5(a) together with any amounts to be deposited therein in accordance with Section 2.5(b) on the Series 20162010-1 5 Final Distribution Date is less than the Series 20162010-1 5 Invested Amount and there are any Series 20162010-1 5 Letters of Credit on such date, then, prior to 10:00 a.m. (New York City time) on the second Business Day prior to the Series 20162010-1 5 Final Distribution Date, the Administrator shall instruct the Trustee in writing to make a demand (a “Demand Notice”) substantially in the form attached hereto as Exhibit G on the Demand Note Issuers for payment under the Series 20162010-1 5 Demand Notes in an amount equal to the lesser of (i) such insufficiency and (ii) the Series 20162010-1 5 Letter of Credit Amount. The Trustee shall, prior to 12:00 noon (New York City time) on the second Business Day preceding such Series 20162010-1 5 Final Distribution Date deliver such Demand Notice to the Demand Note Issuers; provided, however, that if an Event of Bankruptcy (or the occurrence of an event described in clause (a) of the definition thereof, without the lapse of a period of 60 consecutive days) with respect to a Demand Note Issuer shall have occurred and be continuing, the Trustee shall not be required to deliver such Demand Notice to such Demand Note Issuer. The Trustee shall cause the proceeds of any demand on the Series 20162010-1 5 Demand Notes to be deposited into the Series 20162010-1 5 Distribution Account.

Demand Note Draw. If the amount to be deposited in the Series 20162020-1 2 Distribution Account in accordance with Section 2.5(a) together with any amounts to be deposited therein in accordance with Section 2.5(b) on the Series 20162020-1 2 Final Distribution Date is less than the Series 20162020-1 2 Senior Invested Amount and there are any Series 20162020-1 2 Letters of Credit on such date, then, prior to 10:00 a.m. (New York City time) on the second Business Day prior to the Series 20162020-1 2 Final Distribution Date, the Administrator shall instruct the Trustee in writing to make a demand (a “Demand Notice”) substantially in the form attached hereto as Exhibit G H on the Demand Note Issuers for payment under the Series 20162020-1 2 Demand Notes in an amount equal to the lesser of (i) such insufficiency and (ii) the Series 20162020-1 2 Letter of Credit Amount. The Trustee shall, prior to 12:00 noon (New York City time) on the second Business Day preceding such Series 20162020-1 2 Final Distribution Date deliver such Demand Notice to the Demand Note Issuers; provided, however, that if an Event of Bankruptcy (or the occurrence of an event described in clause (a) of the definition thereof, without the lapse of a period of 60 sixty (60) consecutive days) with respect to a Demand Note Issuer shall have occurred and be continuing, the Trustee shall not be required to deliver such Demand Notice to such Demand Note Issuer. The Trustee shall cause the proceeds of any demand on the Series 20162020-1 2 Demand Notes to be deposited into the Series 20162020-1 2 Distribution Account.

Demand Note Draw. If the amount to be deposited in the Series 20162010-1 6 Distribution Account in accordance with Section 2.5(a3.5(a) together with any amounts to be deposited therein in accordance with Section 2.5(b3.5(c) and Section 3.5(d)(i) on the Series 20162010-1 Final Distribution 6 Termination Date is less than the Series 2016-1 Class A Invested Amount Amount, and there are any Series 20162010-1 6 Letters of Credit on such date, then, prior to 10:00 a.m. (New York City time) on the second Business Day prior to the Series 20162010-1 Final Distribution 6 Termination Date, the Administrator shall instruct the Trustee in writing to make a demand (a “Demand Notice”) substantially in the form attached hereto as Exhibit G on the Demand Note Issuers for payment under the Series 20162010-1 6 Demand Notes in an amount equal to the lesser of (i) such insufficiency and (ii) the Series 20162010-1 6 Letter of Credit Amount. The Trustee shall, prior to 12:00 noon (New York City time) on the second Business Day preceding such the Series 20162010-1 Final Distribution Date 6 Termination Date, deliver such Demand Notice to the Demand Note Issuers; provided, however, that if an Event of Bankruptcy (or the occurrence of an event described in clause (a) of the definition thereof, without the lapse of a period of 60 consecutive days) with respect to a Demand Note Issuer shall have occurred and be continuing, the Trustee shall not be required to deliver such Demand Notice to such Demand Note Issuer. The Trustee shall cause the proceeds of any demand on the Series 20162010-1 6 Demand Notes to be deposited into the Series 20162010-1 6 Distribution Account.

Demand Note Draw. If the amount to be deposited in the Series 20162011-1 2 Distribution Account in accordance with Section 2.5(a) together with any amounts to be deposited therein in accordance with Section 2.5(b) on the Series 20162011-1 2 Final Distribution Date is less than the Series 20162011-1 2 Invested Amount and there are any Series 20162011-1 2 Letters of Credit on such date, then, prior to 10:00 a.m. (New York City time) on the second Business Day prior to the Series 20162011-1 2 Final Distribution Date, the Administrator shall instruct the Trustee in writing to make a demand (a “Demand Notice”) substantially in the form attached hereto as Exhibit G on the Demand Note Issuers for payment under the Series 20162011-1 2 Demand Notes in an amount equal to the lesser of (i) such insufficiency and (ii) the Series 20162011-1 2 Letter of Credit Amount. The Trustee shall, prior to 12:00 noon (New York City time) on the second Business Day preceding such Series 20162011-1 2 Final Distribution Date deliver such Demand Notice to the Demand Note Issuers; provided, however, that if an Event of Bankruptcy (or the occurrence of an event described in clause (a) of the definition thereof, without the lapse of a period of 60 consecutive days) with respect to a Demand Note Issuer shall have occurred and be continuing, the Trustee shall not be required to deliver such Demand Notice to such Demand Note Issuer. The Trustee shall cause the proceeds of any demand on the Series 20162011-1 2 Demand Notes to be deposited into the Series 20162011-1 2 Distribution Account.

Demand Note Draw. If the amount to be deposited in the Series 20162019-1 2 Distribution Account in accordance with Section 2.5(a) together with any amounts to be deposited therein in accordance with Section 2.5(b) on the Series 20162019-1 2 Final Distribution Date is less than the Series 20162019-1 2 Senior Invested Amount and there are any Series 20162019-1 2 Letters of Credit on such date, then, prior to 10:00 a.m. (New York City time) on the second Business Day prior to the Series 20162019-1 2 Final Distribution Date, the Administrator shall instruct the Trustee in writing to make a demand (a “Demand Notice”) substantially in the form attached hereto as Exhibit G H on the Demand Note Issuers for payment under the Series 20162019-1 2 Demand Notes in an amount equal to the lesser of (i) such insufficiency and (ii) the Series 20162019-1 2 Letter of Credit Amount. The Trustee shall, prior to 12:00 noon (New York City time) on the second Business Day preceding such Series 20162019-1 2 Final Distribution Date deliver such Demand Notice to the Demand Note Issuers; provided, however, that if an Event of Bankruptcy (or the occurrence of an event described in clause (a) of the definition thereof, without the lapse of a period of 60 sixty (60) consecutive days) with respect to a Demand Note Issuer shall have occurred and be continuing, the Trustee shall not be required to deliver such Demand Notice to such Demand Note Issuer. The Trustee shall cause the proceeds of any demand on the Series 20162019-1 2 Demand Notes to be deposited into the Series 20162019-1 2 Distribution Account.