Common use of Execution, Authentication and Delivery Clause in Contracts

Execution, Authentication and Delivery. (a) The Notes shall be executed on behalf of the Issuer by any of its Authorized Officers. The signatures of any such Authorized Officer of the Issuer on the Notes may be manual or facsimile. (b) Notes bearing the manual or facsimile signature of individuals who were at any time Authorized Officers of the Issuer shall bind the Issuer, notwithstanding whether any such individuals have ceased to hold such offices prior to the authentication and delivery of such Notes or did not hold such offices on such date of authentication or date of delivery. (c) The Indenture Trustee shall, upon Issuer Order, authenticate and deliver the Class A-1 Notes for original issue in an aggregate principal amount of $277,000,000, the Class A-2a Notes for original issue in an aggregate principal amount of $412,000,000, the Class A-2b Notes for original issue in an aggregate principal amount of $100,000,000, the Class A-3 Notes for original issue in an aggregate principal amount of $493,900,000, the Class A-4 Notes for original issue in an aggregate principal amount of $107,910,000 the Class B Notes for original issue in an aggregate principal amount of $42,170,000, the Class C Notes for original issue in an aggregate principal amount of $39,910,000 and the Class D Notes for original issue in an aggregate principal amount of $27,110,000. The aggregate principal amounts of Class A-1 Notes, Class A-2a Notes, Class A-2b Notes, Class A-3 Notes, Class A-4 Notes, Class B Notes, Class C Notes and Class D Notes outstanding at any time may not exceed those respective amounts except as provided in Section 2.6. (d) Each Note shall be dated the date of its authentication. The Notes shall be issuable as registered Notes in minimum denominations of $5,000 and in integral multiples of $1,000 in excess thereof; provided, that the minimum amounts of any Retained Notes shall be subject to the restrictions set forth in Section 2.15. (e) No Note shall be entitled to any benefit under this Indenture or be valid or obligatory for any purpose unless there appears on such Note a certificate of authentication substantially in the form provided for herein executed by the Indenture Trustee by the manual signature of one of its authorized signatories, and such certificate upon any Note shall be conclusive evidence, and the only evidence, that such Note has been duly authenticated and delivered hereunder.

Execution, Authentication and Delivery. (a) The Notes shall be executed on behalf of the Issuer by any of its Authorized Officers. The signatures signature of any such Authorized Officer of the Issuer on the Notes may be manual or facsimile. (b) . Notes bearing the manual or facsimile signature of individuals who were at any time Authorized Officers of the Issuer shall bind the Issuer, notwithstanding whether any that such individuals or any of them have ceased to hold such offices prior to the authentication and delivery of such Notes or did not hold such offices on such at the date of authentication or date of delivery. (c) such Notes. The Indenture Trustee shall, shall upon Issuer Order, Order authenticate and deliver the Class A-1 A‑1 Notes for original issue in an aggregate principal amount of $277,000,000442,010,000, the Class A-2a A‑2a Notes for original issue in an aggregate principal amount of $412,000,000546,600,000, the Class A-2b A‑2b Notes for original issue in an aggregate principal amount of $100,000,00075,000,000, the Class A-3 Notes for original issue in an aggregate principal amount of $493,900,000516,600,000, the Class A-4 Notes for original issue in an aggregate principal amount of $107,910,000 126,040,000 and the Class B Notes for original issue in an aggregate principal amount of $42,170,000, the Class C Notes for original issue in an 43,750,000. The aggregate principal amount of $39,910,000 and the Class D Notes for original issue in an aggregate principal amount of $27,110,000. The aggregate principal amounts of Class A-1 A‑1 Notes, the Class A-2a A‑2a Notes, the Class A-2b A‑2b Notes, the Class A-3 Notes, the Class A-4 Notes, Notes and the Class B Notes, Class C Notes and Class D Notes outstanding at any time may not exceed those such respective amounts except as provided in Section 2.6. (d) Each Note shall be dated the date of its authentication2.05. The Notes shall be issuable as registered Notes in minimum denominations of $5,000 1,000 and in integral multiples of $1,000 in excess thereof; provided, that the minimum amounts of any Retained Notes . Each Note shall be subject to dated the restrictions set forth in Section 2.15. (e) date of its authentication. No Note shall be entitled to any benefit under this Indenture or be valid or obligatory for any purpose purpose, unless there appears on such Note a certificate of authentication substantially in the form provided for herein included in Exhibit ▇-▇, ▇▇▇▇▇▇▇ ▇-▇ or Exhibit A-3, as applicable, executed by the Indenture Trustee by the manual or facsimile signature of one of its authorized signatories, and such certificate upon any Note shall be conclusive evidence, and the only evidence, that such Note has been duly authenticated and delivered hereunder.

Execution, Authentication and Delivery. (a) The Notes shall be executed on behalf of the Issuer by any of its Authorized Officers. The signatures signature of any such Authorized Officer of the Issuer on the Notes may be manual or facsimile. (b) . Notes bearing the manual or facsimile signature of individuals who were at any time Authorized Officers of the Issuer shall bind the Issuer, notwithstanding whether any that such individuals or any of them have ceased to hold such offices prior to the authentication and delivery of such Notes or did not hold such offices on such at the date of authentication or date of delivery. (c) such Notes. The Indenture Trustee shall, shall upon Issuer Order, Order authenticate and deliver the Class A-1 A‑1 Notes for original issue in an aggregate principal amount of $277,000,000353,000,000, the Class A-2a A‑2a Notes for original issue in an aggregate principal amount of $412,000,000372,600,000, the Class A-2b Notes for original issue in an aggregate principal amount of $100,000,000200,650,000, the Class A-3 Notes for original issue in an aggregate principal amount of $493,900,000573,250,000, the Class A-4 Notes for original issue in an aggregate principal amount of $107,910,000 158,000,000 and the Class B Notes for original issue in an aggregate principal amount of $42,170,000, the Class C Notes for original issue in an 42,500,000. The aggregate principal amount of $39,910,000 and the Class D Notes for original issue in an aggregate principal amount of $27,110,000. The aggregate principal amounts of Class A-1 A‑1 Notes, the Class A-2a A‑2a Notes, the Class A-2b Notes, the Class A-3 Notes, the Class A-4 Notes, Notes and the Class B Notes, Class C Notes and Class D Notes outstanding at any time may not exceed those such respective amounts except as provided in Section 2.6. (d) Each Note shall be dated the date of its authentication2.05. The Offered Notes shall be issuable as registered Notes in minimum denominations of $5,000 1,000 and in integral multiples of $1,000 in excess thereof; provided, that the minimum amounts of any Retained Notes . Each Note shall be subject to dated the restrictions set forth in Section 2.15. (e) date of its authentication. No Note shall be entitled to any benefit under this Indenture or be valid or obligatory for any purpose purpose, unless there appears on such Note a certificate of authentication substantially in the form provided for herein included in Exhibit ▇-▇, ▇▇▇▇▇▇▇ ▇-▇ or Exhibit A-3, as applicable, executed by the Indenture Trustee by the manual or facsimile signature of one of its authorized signatories, and such certificate upon any Note shall be conclusive evidence, and the only evidence, that such Note has been duly authenticated and delivered hereunder.

Execution, Authentication and Delivery. (a) The Notes shall be executed on behalf of the Issuer by any of its Authorized Officers. The signatures signature of any such Authorized Officer of the Issuer on the Notes may be manual or facsimile. (b) . Notes bearing the manual or facsimile signature of individuals who were at any time Authorized Officers of the Issuer shall bind the Issuer, notwithstanding whether any that such individuals or any of them have ceased to hold such offices prior to the authentication and delivery of such Notes or did not hold such offices on such at the date of authentication or date of delivery. (c) such Notes. The Indenture Trustee shall, shall upon Issuer Order, Order authenticate and deliver the Class A-1 Notes for original issue in an aggregate principal amount of $277,000,000279,000,000, the Class A-2a Notes for original issue in an aggregate principal amount of $412,000,000145,000,000, the Class A-2b Notes for original issue in an aggregate principal amount of $100,000,000293,000,000, the Class A-3 Notes for original issue in an aggregate principal amount of $493,900,000438,000,000, and the Class A-4 Notes for original issue in an aggregate principal amount of $107,910,000 the Class B Notes for original issue in an 95,000,000. The aggregate principal amount of $42,170,000, the Class C Notes for original issue in an aggregate principal amount of $39,910,000 and the Class D Notes for original issue in an aggregate principal amount of $27,110,000. The aggregate principal amounts of Class A-1 Notes, the Class A-2a A-2 Notes, Class A-2b Notes, the Class A-3 Notes, Notes and the Class A-4 Notes, Class B Notes, Class C Notes and Class D Notes outstanding at any time may not exceed those such respective amounts except as provided in Section 2.6. (d) Each Note shall be dated the date of its authentication2.05. The Notes shall be issuable as registered Notes in minimum denominations of $5,000 1,000 and in any integral multiples multiple of $1,000 in excess thereof; provided, provided that the minimum amounts of any Retained Notes shall be subject to issued as Definitive Notes and the restrictions set forth in Section 2.15. (e) holder of such Retained Notes shall be a Note Owner and a Noteholder for all purposes of this Indenture. Each Note shall be dated the date of its authentication. No Note shall be entitled to any benefit under this Indenture or be valid or obligatory for any purpose purpose, unless there appears on such Note a certificate of authentication substantially in the form provided for herein included in Exhibit A, as the case may be, executed by the Indenture Trustee by the manual or facsimile signature of one of its authorized signatories, and such certificate upon any Note shall be conclusive evidence, and the only evidence, that such Note has been duly authenticated and delivered hereunder.

Execution, Authentication and Delivery. (a) The Notes shall be executed on behalf of the Issuer by any of its Authorized Officers. The signatures signature of any such Authorized Officer of the Issuer on the Notes may be manual or facsimile. (b) . Notes bearing the manual or facsimile signature of individuals who were at any time Authorized Officers of the Issuer shall bind the Issuer, notwithstanding whether any that such individuals or any of them have ceased to hold such offices prior to the authentication and delivery of such Notes or did not hold such offices on such at the date of authentication or date of delivery. (c) such Notes. The Indenture Trustee shall, shall upon Issuer Order, Order authenticate and deliver the Class A-1 Notes for original issue in an aggregate principal amount of $277,000,000158,000,000, the Class A-2a A-2 Notes for original issue in an aggregate principal amount of $412,000,000, the Class A-2b Notes for original issue in an aggregate principal amount of $100,000,000222,000,000, the Class A-3 Notes for original issue in an aggregate principal amount of $493,900,000, 336,000,000 and the Class A-4 Notes for original issue in an aggregate principal amount of $107,910,000 the Class B Notes for original issue in an 84,000,000. The aggregate principal amount of $42,170,000, the Class C Notes for original issue in an aggregate principal amount of $39,910,000 and the Class D Notes for original issue in an aggregate principal amount of $27,110,000. The aggregate principal amounts of Class A-1 Notes, the Class A-2a A-2 Notes, Class A-2b Notes, the Class A-3 Notes, Notes and the Class A-4 Notes, Class B Notes, Class C Notes and Class D Notes outstanding at any time may not exceed those such respective amounts except as provided in Section 2.6. (d) Each Note shall be dated the date of its authentication2.05. The Notes shall be issuable as registered Notes in minimum denominations of $5,000 25,000 and in any integral multiples multiple of $1,000 in excess thereof; provided, provided that the minimum amounts of any Retained Notes shall be subject to issued as Definitive Notes and the restrictions set forth in Section 2.15. (e) holder of such Retained Notes shall be a Note Owner and a Noteholder for all purposes of this Indenture. Each Note shall be dated the date of its authentication. No Note shall be entitled to any benefit under this Indenture or be valid or obligatory for any purpose purpose, unless there appears on such Note a certificate of authentication substantially in the form provided for herein included in Exhibit A, as the case may be, executed by the Indenture Trustee by the manual or facsimile signature of one of its authorized signatories, and such certificate upon any Note shall be conclusive evidence, and the only evidence, that such Note has been duly authenticated and delivered hereunder.. 3 (Nissan 2013-C Indenture)

Execution, Authentication and Delivery. (a) The Notes shall be executed on behalf of the Issuer by any of its Authorized Officers. The signatures of any such Authorized Officer of the Issuer on the Notes may be manual or facsimile. (b) Notes bearing the manual or facsimile signature of individuals who were at any time Authorized Officers of the Issuer shall bind the Issuer, notwithstanding whether any such individuals have ceased to hold such offices prior to the authentication and delivery of such Notes or did not hold such offices on such date of authentication or date of delivery. (c) The Indenture Trustee shall, upon Issuer Order, authenticate and deliver the Class A-1 Notes for original issue in an aggregate principal amount of $277,000,000230,000,000, the Class A-2a Notes for original issue in an aggregate principal amount of $412,000,000194,000,000, the Class A-2b Notes for original issue in an aggregate principal amount of $100,000,000194,000,000, the Class A-3 Notes for original issue in an aggregate principal amount of $493,900,000365,000,000, the Class A-4 Notes for original issue in an aggregate principal amount of $107,910,000 113,900,000, the Class B Notes for original issue in an aggregate principal amount of $42,170,00028,200,000, the Class C Notes for original issue in an aggregate principal amount of $39,910,000 31,700,000 and the Class D Notes for original issue in an aggregate principal amount of $27,110,00018,200,000. The aggregate principal amounts of Class A-1 Notes, Class A-2a Notes, Class A-2b Notes, Class A-3 Notes, Class A-4 Notes, Class B Notes, Class C Notes and Class D Notes outstanding at any time may not exceed those respective amounts except as provided in Section 2.6. (d) Each Note shall be dated the date of its authentication. The Notes shall be issuable as registered Notes in minimum denominations of $5,000 and in integral multiples of $1,000 in excess thereof; provided, that the minimum amounts of any Retained Notes shall be subject to the restrictions set forth in Section 2.15. (e) No Note shall be entitled to any benefit under this Indenture or be valid or obligatory for any purpose unless there appears on such Note a certificate of authentication substantially in the form provided for herein executed by the Indenture Trustee by the manual signature of one of its authorized signatories, and such certificate upon any Note shall be conclusive evidence, and the only evidence, that such Note has been duly authenticated and delivered hereunder.

Execution, Authentication and Delivery. (a) The Notes shall be executed on behalf of the Issuer by any of its Authorized Officers. The signatures signature of any such Authorized Officer of the Issuer on the Notes may be manual or facsimile. (b) . Notes bearing the manual or facsimile signature of individuals who were at any time Authorized Officers of the Issuer shall bind the Issuer, notwithstanding whether any that such individuals or any of them have ceased to hold such offices prior to the authentication and delivery of such Notes or did not hold such offices on such the date of authentication or date of deliverysuch Notes. (cb) The Indenture Trustee shall, upon receipt of an Issuer Order, authenticate and deliver the Class A-1 Notes for original issue in an the following aggregate principal amount amounts of Notes: (i) $277,000,00065,000,000 of Class A-1 Notes, the (ii) $102,000,000 of Class A-2a Notes for original issue in an aggregate principal amount A-2 Notes, (iii) $96,000,000 of $412,000,000, the Class A-2b Notes for original issue in an aggregate principal amount of $100,000,000, the Class A-3 Notes for original issue in an aggregate principal amount Notes, (iv) $97,200,000 of $493,900,000, the Class A-4 Notes for original issue in an aggregate principal amount Notes, (v) $27,000,000 of $107,910,000 the Class B Notes for original issue in an aggregate principal amount and (vi) $12,800,000 of $42,170,000, the Class C Notes for original issue in an aggregate principal amount of $39,910,000 and the Class D Notes for original issue in an aggregate principal amount of $27,110,000Notes. The aggregate principal amounts amount of Class A-1 Notes, Class A-2a Notes, Class A-2b A-2 Notes, Class A-3 Notes, Class A-4 Notes, Class B Notes, Class C Notes and Class D Notes C Notes, as the case may be, outstanding at any time may not exceed those the respective amounts set forth above with respect to such Classes of Notes, except as otherwise provided in Section 2.62.05. (dc) Each Note shall be dated the date of its authentication. The Notes shall be issuable as registered Notes in minimum denominations of $5,000 1,000 and in integral multiples of $1,000 in excess thereof; provided, thereof (except that on the minimum amounts Closing Date one Note of any Retained Notes shall each Class may be subject to the restrictions set forth issued in Section 2.15a denomination other than an integral multiple of $1,000). (ed) No Note shall be entitled to any benefit under this Indenture or be valid or obligatory for any purpose purpose, unless there appears on such Note a certificate of authentication substantially in the form provided for herein executed by the Indenture Trustee by the manual signature of one of its authorized signatories, and such certificate upon any Note shall be conclusive evidence, and the only evidence, that such Note has been duly authenticated and delivered hereunder.

Execution, Authentication and Delivery. (a) The Notes shall be executed on behalf of the Issuer by any of its Authorized Officers. The signatures signature of any such Authorized Officer of the Issuer on the Notes may be manual or facsimile. (b) . Notes bearing the manual or facsimile signature of individuals who were at any time Authorized Officers of the Issuer shall bind the Issuer, notwithstanding whether any that such individuals or any of them have ceased to hold such offices prior to the authentication and delivery of such Notes or did not hold such offices on such at the date of authentication or date of delivery. (c) such Notes. The Indenture Trustee shall, shall upon Issuer Order, Order authenticate and deliver the Class A-1 Notes for original issue in an aggregate principal amount of $277,000,000241,670,000, the Class A-2a A-2 Notes for original issue in an aggregate principal amount of $412,000,000404,520,000, the Class A-2b Notes for original issue in an aggregate principal amount of $100,000,000, the Class A-3 Notes for original issue in an aggregate principal amount of $493,900,000374,520,000, the Class A-4 Notes for original issue in an aggregate principal amount of $107,910,000 the 75,850,000, Class B Notes for original issue in an aggregate principal amount of $42,170,00021,290,000, the and Class C Notes for original issue in an aggregate principal amount of $39,910,000 and the Class D Notes for original issue in an aggregate principal amount of $27,110,00035,490,000. The aggregate principal amounts amount of Class A-1 Notes, Class A-2a Notes, Class A-2b A-2 Notes, Class A-3 Notes, Class A-4 Notes, Class B Notes, Class C Notes and Class D C Notes outstanding at any time may not exceed those such respective amounts except as provided in Section 2.6. (d) Each Note shall be dated the date of its authentication2.06. The Notes shall be issuable as registered Notes in minimum denominations of $5,000 1,000 and in integral multiples of $1,000 in excess thereof; provided, that the minimum amounts thereof (except for one Note of any Retained Notes shall each class which may be subject to the restrictions set forth issued in Section 2.15. (e) a denomination other than an integral multiple of $1,000). No Note shall be entitled to any benefit under this Indenture or be valid or obligatory for any purpose purpose, unless there appears on such Note a certificate of authentication substantially in the form provided for herein executed by the Indenture Trustee by the manual or facsimile signature of one of its authorized signatories, and such certificate upon any Note shall be conclusive evidence, and the only evidence, that such Note has been duly authenticated and delivered hereunder.

Execution, Authentication and Delivery. (a) The Notes shall be executed on behalf of the Issuer by any of its Authorized Officers. The signatures signature of any such Authorized Officer of the Issuer on the Notes may be manual or facsimile. (b) . Notes bearing the manual or facsimile signature of individuals who were at any time Authorized Officers of the Issuer shall bind the Issuer, notwithstanding whether any that such individuals or any of them have ceased to hold such offices prior to the authentication and delivery of such Notes or did not hold such offices on such at the date of authentication or date of delivery. (c) such Notes. The Indenture Trustee shall, shall upon Issuer Order, Order authenticate and deliver the Class A-1 A‑1 Notes for original issue in an aggregate principal amount of $277,000,000440,000,000, the Class A-2a A‑2a Notes for original issue in an aggregate principal amount of $412,000,000468,680,000, the Class A-2b Notes for original issue in an aggregate principal amount of $100,000,000126,320,000, the Class A-3 Notes for original issue in an aggregate principal amount of $493,900,000518,000,000, the Class A-4 Notes for original issue in an aggregate principal amount of $107,910,000 153,250,000 and the Class B Notes for original issue in an aggregate principal amount of $42,170,000, the Class C Notes for original issue in an 43,750,000. The aggregate principal amount of $39,910,000 and the Class D Notes for original issue in an aggregate principal amount of $27,110,000. The aggregate principal amounts of Class A-1 A‑1 Notes, the Class A-2a A‑2a Notes, the Class A-2b Notes, the Class A-3 Notes, the Class A-4 Notes, Notes and the Class B Notes, Class C Notes and Class D Notes outstanding at any time may not exceed those such respective amounts except as provided in Section 2.6. (d) Each Note shall be dated the date of its authentication2.05. The Notes shall be issuable as registered Notes in minimum denominations of $5,000 1,000 and in integral multiples of $1,000 in excess thereof; provided, that the minimum amounts of any Retained Notes . Each Note shall be subject to dated the restrictions set forth in Section 2.15. (e) date of its authentication. No Note shall be entitled to any benefit under this Indenture or be valid or obligatory for any purpose purpose, unless there appears on such Note a certificate of authentication substantially in the form provided for herein included in Exhibit ▇-▇, ▇▇▇▇▇▇▇ ▇-▇ or Exhibit A-3, as applicable, executed by the Indenture Trustee by the manual or facsimile signature of one of its authorized signatories, and such certificate upon any Note shall be conclusive evidence, and the only evidence, that such Note has been duly authenticated and delivered hereunder.

Execution, Authentication and Delivery. (a) The Notes shall be executed on behalf of the Issuer by any of its Authorized Officers. The signatures signature of any such Authorized Officer of the Issuer on the Notes may be manual or facsimile. (b) . Notes bearing the manual or facsimile signature of individuals who were at any time Authorized Officers of the Issuer shall bind the Issuer, notwithstanding whether any that such individuals or any of them have ceased to hold such offices prior to the authentication and delivery of such Notes or did not hold such offices on such the date of authentication or date of deliverysuch Notes. (cb) The Indenture Trustee shall, upon receipt of an Issuer Order, authenticate and deliver the Class A-1 Notes for original issue in an the following aggregate principal amount amounts of Notes: (i) $277,000,00061,800,000 of Class A-1 Notes, the (ii) $120,000,000 of Class A-2a Notes for original issue in an aggregate principal amount A-2 Notes, (iii) $110,000,000 of $412,000,000, the Class A-2b Notes for original issue in an aggregate principal amount of $100,000,000, the Class A-3 Notes for original issue in an aggregate principal amount Notes, (iv) $109,480,000 of $493,900,000, the Class A-4 Notes for original issue in an aggregate principal amount Notes, (v) $26,400,000 of $107,910,000 the Class B Notes for original issue in an aggregate principal amount and (vi) $12,320,000 of $42,170,000, the Class C Notes for original issue in an aggregate principal amount of $39,910,000 and the Class D Notes for original issue in an aggregate principal amount of $27,110,000Notes. The aggregate principal amounts amount of Class A-1 Notes, Class A-2a Notes, Class A-2b A-2 Notes, Class A-3 Notes, Class A-4 Notes, Class B Notes, Class C Notes and Class D Notes C Notes, as the case may be, outstanding at any time may not exceed those the respective amounts set forth above with respect to such Classes of Notes, except as otherwise provided in Section 2.62.05. (dc) Each Note shall be dated the date of its authentication. The Notes shall be issuable as registered Notes in minimum denominations of $5,000 1,000 and in integral multiples of $1,000 in excess thereof; provided, thereof (except that on the minimum amounts Closing Date one Note of any Retained Notes shall each Class may be subject to the restrictions set forth issued in Section 2.15a denomination other than an integral multiple of $1,000). (ed) No Note shall be entitled to any benefit under this Indenture or be valid or obligatory for any purpose purpose, unless there appears on such Note a certificate of authentication substantially in the form provided for herein executed by the Indenture Trustee by the manual signature of one of its authorized signatories, and such certificate upon any Note shall be conclusive evidence, and the only evidence, that such Note has been duly authenticated and delivered hereunder.

Execution, Authentication and Delivery. (a) The Notes shall be executed on behalf of the Issuer by any of its Authorized Officers. The signatures signature of any such Authorized Officer of the Issuer on the Notes may be manual or facsimile. (b) . Notes bearing the manual or facsimile signature of individuals who were at any time Authorized Officers of the Issuer shall bind the Issuer, notwithstanding whether any that such individuals or any of them have ceased to hold such offices prior to the authentication and delivery of such Notes or did not hold such offices on such at the date of authentication or date of delivery. (c) such Notes. The Indenture Trustee shall, shall upon Issuer Order, Order authenticate and deliver the Class A-1 A‑1 Notes for original issue in an aggregate principal amount of $277,000,000322,000,000, the Class A-2a A‑2a Notes for original issue in an aggregate principal amount of $412,000,000264,000,000, the Class A-2b A‑2b Notes for original issue in an aggregate principal amount of $100,000,000158,000,000, the Class A-3 Notes for original issue in an aggregate principal amount of $493,900,000369,000,000, the Class A-4 Notes for original issue in an aggregate principal amount of $107,910,000 105,700,000 and the Class B Notes for original issue in an aggregate principal amount of $42,170,000, the Class C Notes for original issue in an 31,300,000. The aggregate principal amount of $39,910,000 and the Class D Notes for original issue in an aggregate principal amount of $27,110,000. The aggregate principal amounts of Class A-1 A‑1 Notes, the Class A-2a A‑2a Notes, the Class A-2b A‑2b Notes, the Class A-3 Notes, the Class A-4 Notes, Notes and the Class B Notes, Class C Notes and Class D Notes outstanding at any time may not exceed those such respective amounts except as provided in Section 2.6. (d) Each Note shall be dated the date of its authentication2.05. The Notes shall be issuable as registered Notes in minimum denominations of $5,000 1,000 and in integral multiples of $1,000 in excess thereof; provided, that the minimum amounts of any Retained Notes . Each Note shall be subject to dated the restrictions set forth in Section 2.15. (e) date of its authentication. No Note shall be entitled to any benefit under this Indenture or be valid or obligatory for any purpose purpose, unless there appears on such Note a certificate of authentication substantially in the form provided for herein included in Exhibit ▇-▇, ▇▇▇▇▇▇▇ ▇-▇ or Exhibit A-3, as applicable, executed by the Indenture Trustee by the manual or facsimile signature of one of its authorized signatories, and such certificate upon any Note shall be conclusive evidence, and the only evidence, that such Note has been duly authenticated and delivered hereunder.

Execution, Authentication and Delivery. (a) The Notes shall be executed on behalf of the Issuer by any of its Authorized Officers. The signatures signature of any such Authorized Officer of the Issuer on the Notes may be manual or facsimile. (b) . Notes bearing the manual or facsimile signature of individuals who were at any time Authorized Officers of the Issuer shall bind the Issuer, notwithstanding whether any that such individuals or any of them have ceased to hold such offices prior to the authentication and delivery of such Notes or did not hold such offices on such at the date of authentication or date of delivery. (c) such Notes. The Indenture Trustee shall, shall upon Issuer Order, Order authenticate and deliver the Class A-1 Notes for original issue in an aggregate principal amount of $277,000,000233,000,000, the Class A-2a Notes for original issue in an aggregate principal amount of $412,000,000266,000,000, the Class A-2b Notes for original issue in an aggregate principal amount of $100,000,00080,000,000, the Class A-3 Notes for original issue in an aggregate principal amount of $493,900,000332,000,000, and the Class A-4 Notes for original issue in an aggregate principal amount of $107,910,000 the Class B Notes for original issue in an 89,000,000. The aggregate principal amount of $42,170,000, the Class C Notes for original issue in an aggregate principal amount of $39,910,000 and the Class D Notes for original issue in an aggregate principal amount of $27,110,000. The aggregate principal amounts of Class A-1 Notes, the Class A-2a A-2 Notes, Class A-2b Notes, the Class A-3 Notes, Notes and the Class A-4 Notes, Class B Notes, Class C Notes and Class D Notes outstanding at any time may not exceed those such respective amounts except as provided in Section 2.6. (d) Each Note shall be dated the date of its authentication2.05. The Notes shall be issuable as registered Notes in minimum denominations of $5,000 1,000 and in any integral multiples multiple of $1,000 in excess thereof; provided, provided that the minimum amounts of any Retained Notes shall be subject to issued as Definitive Notes and the restrictions set forth in Section 2.15. (e) holder of such Retained Notes shall be a Note Owner and a Noteholder for all purposes of this Indenture. Each Note shall be dated the date of its authentication. No Note shall be entitled to any benefit under this Indenture or be valid or obligatory for any purpose purpose, unless there appears on such Note a certificate of authentication substantially in the form provided for herein included in Exhibit A, as the case may be, executed by the Indenture Trustee by the manual 3 (NAROT 2017-A Indenture) or facsimile signature of one of its authorized signatories, and such certificate upon any Note shall be conclusive evidence, and the only evidence, that such Note has been duly authenticated and delivered hereunder.

Execution, Authentication and Delivery. (a) The Notes shall be executed on behalf of the Issuer by any of its Authorized Officers. The signatures signature of any such Authorized Officer of the Issuer on the Notes may be manual or facsimile. (b) . Notes bearing the manual or facsimile signature of individuals who were at any time Authorized Officers of the Issuer shall bind the Issuer, notwithstanding whether any that such individuals or any of them have ceased to hold such offices prior to the authentication and delivery of such Notes or did not hold such offices on such at the date of authentication or date of delivery. (c) such Notes. The Indenture Trustee shall, shall upon Issuer Order, Order authenticate and deliver the Class A-1 Notes for original issue in an aggregate principal amount of $277,000,000356,800,000, the Class A-2a A-2 Notes for original issue in an aggregate principal amount of $412,000,000, the Class A-2b Notes for original issue in an aggregate principal amount of $100,000,000273,000,000, the Class A-3 Notes for original issue in an aggregate principal amount of $493,900,000263,900,000, the Class A-4 Notes for original issue in an aggregate principal amount of $107,910,000 72,922,000 and the Class B Notes for original issue in an aggregate principal amount of $42,170,000, the Class C Notes for original issue in an 34,022,000. The aggregate principal amount of $39,910,000 and the Class D Notes for original issue in an aggregate principal amount of $27,110,000. The aggregate principal amounts of Class A-1 Notes, the Class A-2a A-2 Notes, Class A-2b Notes, the Class A-3 Notes, the Class A-4 Notes, Notes and the Class B Notes, Class C Notes and Class D Notes outstanding at any time may not exceed those such respective amounts except as provided in Section 2.6. (d) Each Note shall be dated the date of its authentication2.05. The Notes shall be issuable as registered Notes in minimum denominations of $5,000 and in integral multiples of $1,000 in excess thereof; provided, that the minimum amounts of any Retained Notes 1,000. Each Note shall be subject to dated the restrictions set forth in Section 2.15. (e) date of its authentication. No Note shall be entitled to any benefit under this Indenture or be valid or obligatory for any purpose purpose, unless there appears on such Note a certificate of authentication substantially in the form provided for herein included in Exhibit ▇-▇, ▇▇▇▇▇▇▇ ▇-▇ or Exhibit A-3, as applicable, executed by the Indenture Trustee by the manual or facsimile signature of one of its authorized signatories, and such certificate upon any Note shall be conclusive evidence, and the only evidence, that such Note has been duly authenticated and delivered hereunder.

Execution, Authentication and Delivery. (a) The Notes shall be executed on behalf of the Issuer by any of its Authorized Officers. The signatures signature of any such Authorized Officer of the Issuer on the Notes may be manual or facsimile. (b) . Notes bearing the manual or facsimile signature of individuals who were at any time Authorized Officers of the Issuer shall bind the Issuer, notwithstanding whether any that such individuals or any of them have ceased to hold such offices prior to the authentication and delivery of such Notes or did not hold such offices on such at the date of authentication or date of delivery. (c) such Notes. The Indenture Trustee shall, shall upon Issuer Order, Order authenticate and deliver the Class A-1 Notes for original issue in an aggregate principal amount of $277,000,000262,400,000, the Class A-2a A-2 Notes for original issue in an aggregate principal amount of $412,000,000380,000,000, the Class A-2b Notes for original issue in an aggregate principal amount of $100,000,000, the Class A-3 Notes for original issue in an aggregate principal amount of $493,900,000380,000,000, the Class A-4 Notes for original issue in an aggregate principal amount of $107,910,000 the 76,390,000, Class B Notes for original issue in an aggregate principal amount of $42,170,00021,340,000, the and Class C Notes for original issue in an aggregate principal amount of $39,910,000 and the Class D Notes for original issue in an aggregate principal amount of $27,110,00035,560,000. The aggregate principal amounts amount of Class A-1 Notes, Class A-2a Notes, Class A-2b A-2 Notes, Class A-3 Notes, Class A-4 Notes, Class B Notes, Class C Notes and Class D C Notes outstanding at any time may not exceed those such respective amounts except as provided in Section 2.6. (d) Each Note shall be dated the date of its authentication2.06. The Notes shall be issuable as registered Notes in minimum denominations of $5,000 1,000 and in integral multiples of $1,000 in excess thereof; provided, that the minimum amounts thereof (except for one Note of any Retained Notes shall each class which may be subject to the restrictions set forth issued in Section 2.15. (e) a denomination other than an integral multiple of $1,000). No Note shall be entitled to any benefit under this Indenture or be valid or obligatory for any purpose purpose, unless there appears on such Note a certificate of authentication substantially in the form provided for herein executed by the Indenture Trustee by the manual or facsimile signature of one of its authorized signatories, and such certificate upon any Note shall be conclusive evidence, and the only evidence, that such Note has been duly authenticated and delivered hereunder.

Execution, Authentication and Delivery. (a) The Notes shall be executed on behalf of the Issuer by any of its Authorized Officers. The signatures signature of any such Authorized Officer of the Issuer on the Notes may be manual or facsimile. (b) . Notes bearing the manual or facsimile signature of individuals who were at any time Authorized Officers of the Issuer shall bind the Issuer, notwithstanding whether any that such individuals or any of them have ceased to hold such offices prior to the authentication and delivery of such Notes or did not hold such offices on such at the date of authentication or date of delivery. (c) such Notes. The Indenture Trustee shall, shall upon Issuer Order, Order authenticate and deliver the Class A-1 Notes for original issue in an aggregate principal amount of $277,000,000448,000,000, the Class A-2a A-2-A Notes for original issue in an aggregate principal amount of $412,000,000436,800,000, the Class A-2b A-2-B Notes for original issue in an aggregate principal amount of $100,000,000250,000,000, the Class A-3 Notes for original issue in an aggregate principal amount of $493,900,000653,200,000, the Class A-4 Notes for original issue in an aggregate principal amount of $107,910,000 the 134,660,000, Class B Notes for original issue in an aggregate principal amount of $42,170,00037,340,000, the and Class C Notes for original issue in an aggregate principal amount of $39,910,000 and the Class D Notes for original issue in an aggregate principal amount of $27,110,00062,230,000. The aggregate principal amounts amount of Class A-1 Notes, Class A-2a A-2-A Notes, Class A-2b A-2-B Notes, Class A-3 Notes, Class A-4 Notes, Class B Notes, Class C Notes and Class D C Notes outstanding at any time may not exceed those such respective amounts except as provided in Section 2.6. (d) Each Note shall be dated the date of its authentication2.06. The Notes shall be issuable as registered Notes in minimum denominations of $5,000 1,000 and in integral multiples of $1,000 in excess thereof; provided, that the minimum amounts thereof (except for one Note of any Retained Notes shall each class which may be subject to the restrictions set forth issued in Section 2.15. (e) a denomination other than an integral multiple of $1,000). No Note shall be entitled to any benefit under this Indenture or be valid or obligatory for any purpose purpose, unless there appears on such Note a certificate of authentication substantially in the form provided for herein executed by the Indenture Trustee by the manual or facsimile signature of one of its authorized signatories, and such certificate upon any Note shall be conclusive evidence, and the only evidence, that such Note has been duly authenticated and delivered hereunder.

Execution, Authentication and Delivery. (a) The Notes shall be executed on behalf of the Issuer by any of its Authorized Officers. The signatures signature of any such Authorized Officer of the Issuer on the Notes may be manual or facsimile. (b) . Notes bearing the manual or facsimile signature of individuals who were at any time Authorized Officers of the Issuer shall bind the Issuer, notwithstanding whether any that such individuals or any of them have ceased to hold such offices prior to the authentication and delivery of such Notes or did not hold such offices on such at the date of authentication or date of delivery. (c) such Notes. The Indenture Trustee shall, shall upon Issuer Order, Order authenticate and deliver the Class A-1 Notes for original issue the Notes in an the following aggregate principal amount amounts: (i) $157,000,000 of Class A-1 Notes, (ii) $277,000,000420,000,000 of Class A-2 Notes, the Class A-2a Notes for original issue in an aggregate principal amount (iii) $345,000,000 of $412,000,000, the Class A-2b Notes for original issue in an aggregate principal amount of $100,000,000, the Class A-3 Notes for original issue in an aggregate principal amount and (iv) $88,120,000 of $493,900,000, the Class A-4 Notes for original issue in an aggregate principal amount of $107,910,000 the Class B Notes for original issue in an aggregate principal amount of $42,170,000, the Class C Notes for original issue in an aggregate principal amount of $39,910,000 and the Class D Notes for original issue in an aggregate principal amount of $27,110,000Notes. The aggregate principal amounts amount of Class A-1 Notes, Class A-2a Notes, Class A-2b A-2 Notes, Class A-3 Notes, Class A-4 Notes, Class B Notes, Class C Notes and Class D A-4 Notes outstanding at any time may not exceed those such respective amounts except as provided in Section 2.6. (d) 2.06. Each Note shall be dated the date of its authentication. The Notes shall be issuable as registered Notes notes in book-entry form in minimum denominations of $5,000 1,000 and in integral multiples of $1,000 in excess thereof; provided, however, that on the minimum amounts 2020-B Closing Date, one Class A-1 Note, one Class A-2 Note, one Class A-3 Note and one Class A-4 Note may be issued in a denomination that includes any remaining portion of any Retained Notes shall be subject to the restrictions set forth in Section 2.15. (e) Initial Class A-1 Note Balance, the Initial Class A-2 Note Balance, the Initial A-3 Note Balance and the Initial Class A-4 Note Balance, respectively. No Note shall be entitled to any benefit under this Indenture or be valid or obligatory for any purpose purpose, unless there appears on such Note a certificate of authentication substantially in the form provided for herein executed by the Indenture Trustee by the manual signature of one of its authorized signatories, and such certificate upon any Note shall be conclusive evidence, and the only evidence, that such Note has been duly authenticated and delivered hereunder.

Execution, Authentication and Delivery. (a) The Notes shall be executed on behalf of the Issuer by any of its Authorized Officers. The signatures signature of any such Authorized Officer of the Issuer on the Notes may be manual or facsimile. (b) . Notes bearing the manual or facsimile signature of individuals who were at any time Authorized Officers of the Issuer shall bind the Issuer, notwithstanding whether any that such individuals or any of them have ceased to hold such offices prior to the authentication and delivery of such Notes or did not hold such offices on such at the date of authentication or date of delivery. (c) such Notes. The Indenture Trustee shall, shall upon Issuer Order, Order authenticate and deliver the Class A-1 A‑1 Notes for original issue in an aggregate principal amount of $277,000,000456,000,000, the Class A-2a A‑2a Notes for original issue in an aggregate principal amount of $412,000,000328,000,000, the Class A-2b Notes for original issue in an aggregate principal amount of $100,000,000268,000,000, the Class A-3 Notes for original issue in an aggregate principal amount of $493,900,000522,000,000, the Class A-4 Notes for original issue in an aggregate principal amount of $107,910,000 132,260,000 and the Class B Notes for original issue in an aggregate principal amount of $42,170,000, the Class C Notes for original issue in an 43,740,000. The aggregate principal amount of $39,910,000 and the Class D Notes for original issue in an aggregate principal amount of $27,110,000. The aggregate principal amounts of Class A-1 A‑1 Notes, the Class A-2a A‑2a Notes, the Class A-2b Notes, the Class A-3 Notes, the Class A-4 Notes, Notes and the Class B Notes, Class C Notes and Class D Notes outstanding at any time may not exceed those such respective amounts except as provided in Section 2.6. (d) Each Note shall be dated the date of its authentication2.05. The Notes shall be issuable as registered Notes in minimum denominations of $5,000 1,000 and in integral multiples of $1,000 in excess thereof; provided, that the minimum amounts of any Retained Notes . Each Note shall be subject to dated the restrictions set forth in Section 2.15. (e) date of its authentication. No Note shall be entitled to any benefit under this Indenture or be valid or obligatory for any purpose purpose, unless there appears on such Note a certificate of authentication substantially in the form provided for herein included in Exhibit ▇-▇, ▇▇▇▇▇▇▇ ▇-▇ or Exhibit A-3, as applicable, executed by the Indenture Trustee by the manual or facsimile signature of one of its authorized signatories, and such certificate upon any Note shall be conclusive evidence, and the only evidence, that such Note has been duly authenticated and delivered hereunder.

Execution, Authentication and Delivery. (a) The Notes shall be executed on behalf of the Issuer by any of its Authorized Officers. The signatures of any such Authorized Officer of the Issuer on the Notes may be manual or facsimile. (b) Notes bearing the manual or facsimile signature of individuals who were at any time Authorized Officers of the Issuer shall bind the Issuer, notwithstanding whether any such individuals have ceased to hold such offices prior to the authentication and delivery of such Notes or did not hold such offices on such date of authentication or date of delivery. (c) The Indenture Trustee shall, upon Issuer Order, authenticate and deliver the Class A-1 Notes for original issue in an aggregate principal amount of $277,000,000281,000,000, the Class A-2a Notes for original issue in an aggregate principal amount of $412,000,000359,500,000, the Class A-2b Notes for original issue in an aggregate principal amount of $100,000,000, the Class A-3 Notes for original issue in an aggregate principal amount of $493,900,000429,120,000, the Class A-4 Notes for original issue in an aggregate principal amount of $107,910,000 101,640,000 the Class B Notes for original issue in an aggregate principal amount of $42,170,00038,320,000, the Class C Notes for original issue in an aggregate principal amount of $39,910,000 32,160,000 and the Class D Notes for original issue in an aggregate principal amount of $27,110,00023,260,000. The aggregate principal amounts of Class A-1 Notes, Class A-2a Notes, Class A-2b Notes, Class A-3 Notes, Class A-4 Notes, Class B Notes, Class C Notes and Class D Notes outstanding at any time may not exceed those respective amounts except as provided in Section 2.6. (d) Each Note shall be dated the date of its authentication. The Notes shall be issuable as registered Notes in minimum denominations of $5,000 and in integral multiples of $1,000 in excess thereof; provided, that the minimum amounts of any Retained Notes shall be subject to the restrictions set forth in Section 2.15. (e) No Note shall be entitled to any benefit under this Indenture or be valid or obligatory for any purpose unless there appears on such Note a certificate of authentication substantially in the form provided for herein executed by the Indenture Trustee by the manual signature of one of its authorized signatories, and such certificate upon any Note shall be conclusive evidence, and the only evidence, that such Note has been duly authenticated and delivered hereunder.

Execution, Authentication and Delivery. (a) The Notes shall be executed on behalf of the Issuer by any of its Authorized Officers. The signatures signature of any such Authorized Officer of the Issuer on the Notes may be manual or facsimile. (b) . Notes bearing the manual or facsimile signature of individuals who were at any time Authorized Officers of the Issuer shall bind the Issuer, notwithstanding whether any that such individuals or any of them have ceased to hold such offices prior to the authentication and delivery of such Notes or did not hold such offices on such at the date of authentication or date of delivery. (c) such Notes. The Indenture Trustee shall, shall upon Issuer Order, Order authenticate and deliver the Class A-1 Notes for original issue in an aggregate principal amount of $277,000,000275,000,000, the Class A-2a Notes for original issue in an aggregate principal amount of $412,000,000371,250,000, the Class A-2b Notes for original issue in an aggregate principal amount of $100,000,00060,000,000, the Class A-3 Notes for original issue in an aggregate principal amount of $493,900,000431,250,000, and the Class A-4 Notes for original issue in an aggregate principal amount of $107,910,000 the Class B Notes for original issue in an 112,500,000. The aggregate principal amount of $42,170,000, the Class C Notes for original issue in an aggregate principal amount of $39,910,000 and the Class D Notes for original issue in an aggregate principal amount of $27,110,000. The aggregate principal amounts of Class A-1 Notes, the Class A-2a A-2 Notes, Class A-2b Notes, the Class A-3 Notes, Notes and the Class A-4 Notes, Class B Notes, Class C Notes and Class D Notes outstanding at any time may not exceed those such respective amounts except as provided in Section 2.6. (d) Each Note shall be dated the date of its authentication2.05. The Notes shall be issuable as registered Notes in minimum denominations of $5,000 1,000 and in any integral multiples multiple of $1,000 in excess thereof; provided, provided that the minimum amounts of any Retained Notes shall be subject to issued as Definitive Notes and the restrictions set forth in Section 2.15. (e) holder of such Retained Notes shall be a Note Owner and a Noteholder for all purposes of this Indenture. Each Note shall be dated the date of its authentication. No Note shall be entitled to any benefit under this Indenture or be valid or obligatory for any purpose purpose, unless there appears on such Note a certificate of authentication substantially in the form provided for herein included in Exhibit A, as the case may be, executed by the Indenture Trustee by the manual or facsimile signature of one of its authorized signatories, and such certificate upon any Note shall be conclusive evidence, and the only evidence, that such Note has been duly authenticated and delivered hereunder.. 3 (NAROT 2019-C Indenture)

Execution, Authentication and Delivery. (a) The Notes shall be executed on behalf of the Issuer by any of its Authorized Officers. The signatures signature of any such Authorized Officer of the Issuer on the Notes may be manual or facsimile. (b) . Notes bearing the manual or facsimile signature of individuals who were at any time Authorized Officers of the Issuer shall bind the Issuer, notwithstanding whether any that such individuals or any of them have ceased to hold such offices prior to the authentication and delivery of such Notes or did not hold such offices on such at the date of authentication or date of delivery. (c) such Notes. The Indenture Trustee shall, shall upon Issuer Order, Order authenticate and deliver the Class A-1 Notes for original issue in an aggregate principal amount of $277,000,000340,240,000, the Class A-2a A-2-A Notes for original issue in an aggregate principal amount of $412,000,000318,815,000, the Class A-2b A-2-B Notes for original issue in an aggregate principal amount of $100,000,000318,815,000, the Class A-3 Notes for original issue in an aggregate principal amount of $493,900,000571,440,000, the Class A-4 Notes for original issue in an aggregate principal amount of $107,910,000 the 88,610,000, Class B Notes for original issue in an aggregate principal amount of $42,170,00031,800,000, the and Class C Notes for original issue in an aggregate principal amount of $39,910,000 and the Class D Notes for original issue in an aggregate principal amount of $27,110,00053,010,000. The aggregate principal amounts amount of Class A-1 Notes, Class A-2a A-2-A Notes, Class A-2b A-2-B Notes, Class A-3 Notes, Class A-4 Notes, Class B Notes, Class C Notes and Class D C Notes outstanding at any time may not exceed those such respective amounts except as provided in Section 2.6. (d) Each Note shall be dated the date of its authentication2.06. The Notes shall be issuable as registered Notes in minimum denominations of $5,000 1,000 and in integral multiples of $1,000 in excess thereof; provided, that the minimum amounts thereof (except for one Note of any Retained Notes shall each class which may be subject to the restrictions set forth issued in Section 2.15. (e) a denomination other than an integral multiple of $1,000). No Note shall be entitled to any benefit under this Indenture or be valid or obligatory for any purpose purpose, unless there appears on such Note a certificate of authentication substantially in the form provided for herein executed by the Indenture Trustee by the manual or facsimile signature of one of its authorized signatories, and such certificate upon any Note shall be conclusive evidence, and the only evidence, that such Note has been duly authenticated and delivered hereunder.

Execution, Authentication and Delivery. (a) The Notes shall be executed on behalf of the Issuer by any of its Authorized Officers. The signatures of any such Authorized Officer of the Issuer on the Notes may be manual or facsimile. (b) Notes bearing the manual or facsimile signature of individuals who were at any time Authorized Officers of the Issuer shall bind the Issuer, notwithstanding whether any such individuals have ceased to hold such offices prior to the authentication and delivery of such Notes or did not hold such offices on such date of authentication or date of delivery. (c) The Indenture Trustee shall, upon Issuer Order, authenticate and deliver the Class A-1 Notes for original issue in an aggregate principal amount of $277,000,000251,000,000, the Class A-2a A-2 Notes for original issue in an aggregate principal amount of $412,000,000, the Class A-2b Notes for original issue in an aggregate principal amount of $100,000,000430,000,000, the Class A-3 Notes for original issue in an aggregate principal amount of $493,900,000430,000,000, the Class A-4 Notes for original issue in an aggregate principal amount of $107,910,000 117,800,000, the Class B Notes for original issue in an aggregate principal amount of $42,170,00024,800,000, the Class C Notes for original issue in an aggregate principal amount of $39,910,000 26,200,000 and the Class D Notes for original issue in an aggregate principal amount of $27,110,00030,200,000. The aggregate principal amounts of Class A-1 Notes, Class A-2a Notes, Class A-2b A-2 Notes, Class A-3 Notes, Class A-4 Notes, Class B Notes, Class C Notes and Class D Notes outstanding at any time may not exceed those respective amounts except as provided in Section 2.6. (d) Each Note shall be dated the date of its authentication. The Notes shall be issuable as registered Notes in minimum denominations of $5,000 and in integral multiples of $1,000 in excess thereof; provided, that the minimum amounts of any Retained Notes shall be subject to the restrictions set forth in Section 2.15. (e) No Note shall be entitled to any benefit under this Indenture or be valid or obligatory for any purpose unless there appears on such Note a certificate of authentication substantially in the form provided for herein executed by the Indenture Trustee by the manual signature of one of its authorized signatories, and such certificate upon any Note shall be conclusive evidence, and the only evidence, that such Note has been duly authenticated and delivered hereunder.

Execution, Authentication and Delivery. (a) The Notes shall be executed on behalf of the Issuer by any of its Authorized Officers. The signatures signature of any such Authorized Officer of the Issuer on the Notes may be manual or facsimile. (b) . Notes bearing the manual or facsimile signature of individuals who were at any time Authorized Officers of the Issuer shall bind the Issuer, notwithstanding whether any that such individuals or any of them have ceased to hold such offices prior to the authentication and delivery of such Notes or did not hold such offices on such at the date of authentication or date of delivery. (c) such Notes. The Indenture Trustee shall, shall upon Issuer Order, Order authenticate and deliver the Class A-1 Notes for original issue in an aggregate principal amount of $277,000,000200,000,000, the Class A-2a Notes for original issue in an aggregate principal amount of $412,000,000295,000,000, the Class A-2b Notes for original issue in an aggregate principal amount of $100,000,00075,000,000, the Class A-3 Notes for original issue in an aggregate principal amount of $493,900,000300,000,000, and the Class A-4 Notes for original issue in an aggregate principal amount of $107,910,000 the Class B Notes for original issue in an 130,000,000. The aggregate principal amount of $42,170,000, the Class C Notes for original issue in an aggregate principal amount of $39,910,000 and the Class D Notes for original issue in an aggregate principal amount of $27,110,000. The aggregate principal amounts of Class A-1 Notes, the Class A-2a A-2 Notes, Class A-2b Notes, the Class A-3 Notes, Notes and the Class A-4 Notes, Class B Notes, Class C Notes and Class D Notes outstanding at any time may not exceed those such respective amounts except as provided in Section 2.6. (d) Each Note shall be dated the date of its authentication2.05. The Notes shall be issuable as registered Notes in minimum denominations of $5,000 1,000 and in any integral multiples multiple of $1,000 in excess thereof; provided, provided that the minimum amounts of any Retained Notes shall be subject to issued as Definitive Notes and the restrictions set forth in Section 2.15. (e) holder of such Retained Notes shall be a Note Owner and a Noteholder for all purposes of this Indenture. Each Note shall be dated the date of its authentication. No Note shall be entitled to any benefit under this Indenture or be valid or obligatory for any purpose purpose, unless there appears on such Note a certificate of authentication substantially in the form provided for herein included in Exhibit A, as the case may be, executed by the Indenture Trustee by the manual or facsimile signature of one of its authorized signatories, and such certificate upon any Note shall be conclusive evidence, and the only evidence, that such Note has been duly authenticated and delivered hereunder.

Execution, Authentication and Delivery. (a) The Notes shall be executed on behalf of the Issuer by any of its Authorized Officers. The signatures signature of any such Authorized Officer of the Issuer on the Notes may be manual or facsimile. (b) . Notes bearing the manual or facsimile signature of individuals who were at any time Authorized Officers of the Issuer shall bind the Issuer, notwithstanding whether any that such individuals or any of them have ceased to hold such offices prior to the authentication and delivery of such Notes or did not hold such offices on such at the date of authentication or date of delivery. (c) such Notes. The Indenture Trustee shall, shall upon Issuer Order, Order authenticate and deliver the Class A-1 Notes for original issue in an aggregate principal amount of $277,000,000268,000,000, the Class A-2a A-2 Notes for original issue in an aggregate principal amount of $412,000,000, the Class A-2b Notes for original issue in an aggregate principal amount of $100,000,000438,000,000, the Class A-3 Notes for original issue in an aggregate principal amount of $493,900,000438,000,000, and the Class A-4 Notes for original issue in an aggregate principal amount of $107,910,000 the Class B Notes for original issue in an 106,000,000. The aggregate principal amount of $42,170,000, the Class C Notes for original issue in an aggregate principal amount of $39,910,000 and the Class D Notes for original issue in an aggregate principal amount of $27,110,000. The aggregate principal amounts of Class A-1 Notes, the Class A-2a A-2 Notes, Class A-2b Notes, the Class A-3 Notes, Notes and the Class A-4 Notes, Class B Notes, Class C Notes and Class D Notes outstanding at any time may not exceed those such respective amounts except as provided in Section 2.6. (d) Each Note shall be dated the date of its authentication2.05. The Notes shall be issuable as registered Notes in minimum denominations of $5,000 1,000 and in any integral multiples multiple of $1,000 in excess thereof; provided, provided that the minimum amounts of any Retained Notes shall be subject to issued as Definitive Notes and the restrictions set forth in Section 2.15. (e) holder of such Retained Notes shall be a Note Owner and a Noteholder for all purposes of this Indenture. Each Note shall be dated the date of its authentication. No Note shall be entitled to any benefit under this Indenture or be valid or obligatory for any purpose purpose, unless there appears on such Note a certificate of authentication substantially in the form provided for herein included in Exhibit A, as the case may be, executed by the Indenture Trustee by the manual or facsimile signature of one of its authorized signatories, and such certificate upon any Note shall be conclusive evidence, and the only evidence, that such Note has been duly authenticated and delivered hereunder.. 3 (NAROT 2019-B Indenture)

Execution, Authentication and Delivery. (a) The Notes shall be executed on behalf of the Issuer by any of its Authorized Officers. The signatures signature of any such Authorized Officer of the Issuer on the Notes may be manual or facsimile. (b) . Notes bearing the manual or facsimile signature of individuals who were at any time Authorized Officers of the Issuer shall bind the Issuer, notwithstanding whether any that such individuals or any of them have ceased to hold such offices prior to the authentication and delivery of such Notes or did not hold such offices on such at the date of authentication or date of delivery. (c) such Notes. The Indenture Trustee shall, shall upon Issuer Order, Order authenticate and deliver the Class A-1 Notes for original issue in an aggregate principal amount of $277,000,000296,000,000, the Class A-2a Notes for original issue in an aggregate principal amount of $412,000,000330,000,000, the Class A-2b Notes for original issue in an aggregate principal amount of $100,000,000, the Class A-3 Notes for original issue in an aggregate principal amount of $493,900,000428,000,000, and the Class A-4 Notes for original issue in an aggregate principal amount of $107,910,000 the Class B Notes for original issue in an 96,000,000. The aggregate principal amount of $42,170,000, the Class C Notes for original issue in an aggregate principal amount of $39,910,000 and the Class D Notes for original issue in an aggregate principal amount of $27,110,000. The aggregate principal amounts of Class A-1 Notes, the Class A-2a A-2 Notes, Class A-2b Notes, the Class A-3 Notes, Notes and the Class A-4 Notes, Class B Notes, Class C Notes and Class D Notes outstanding at any time may not exceed those such respective amounts except as provided in Section 2.6. (d) Each Note shall be dated the date of its authentication2.05. The Notes shall be issuable as registered Notes in minimum denominations of $5,000 1,000 and in any integral multiples multiple of $1,000 in excess thereof; provided, provided that the minimum amounts of any Retained Notes shall be subject to issued as Definitive Notes and the restrictions set forth in Section 2.15. (e) holder of such Retained Notes shall be a Note Owner and a Noteholder for all purposes of this Indenture. Each Note shall be dated the date of its authentication. No Note shall be entitled to any benefit under this Indenture or be valid or obligatory for any purpose purpose, unless there appears on such Note a certificate of authentication substantially in the form provided for herein included in Exhibit A, as the case may be, executed by the Indenture Trustee by the manual or facsimile signature of one of its authorized signatories, and such certificate upon any Note shall be conclusive evidence, and the only evidence, that such Note has been duly authenticated and delivered hereunder.. 3 (NAROT 2016-C Indenture)

Execution, Authentication and Delivery. (a) The Notes shall be executed on behalf of the Issuer Issuing Entity by any of its Authorized Officers. The signatures signature of any such Authorized Officer of the Issuer on the Notes may be manual or facsimile. (b) . Notes bearing the manual or facsimile signature of individuals who were at any time Authorized Officers of the Issuer Issuing Entity shall bind the IssuerIssuing Entity, notwithstanding whether any that such individuals or any of them have ceased to hold such offices prior to the authentication and delivery of such Notes or did not hold such offices on such at the date of authentication or date of delivery. (c) such Notes. The Indenture Trustee shall, shall upon Issuer Order, receipt of an Issuing Entity Order authenticate and deliver the Class A-1 Notes for original issue in an aggregate principal amount of $277,000,000118,000,000, the Class A-2a Notes for original issue in an aggregate principal amount of $412,000,000125,000,000, the Class A-2b Notes for original issue in an aggregate principal amount of $100,000,000125,000,000, the Class A-3 Notes for original issue in an aggregate principal amount of $493,900,000229,000,000, the Class A-4 Notes for original issue in an aggregate principal amount of $107,910,000 the 52,030,000 and Class B Notes for original issue in an aggregate principal amount of $42,170,000, the Class C Notes for original issue in an aggregate principal amount of $39,910,000 and the Class D Notes for original issue in an aggregate principal amount of $27,110,00011,650,000. The aggregate principal amounts amount of Class A-1 Notes, Class A-2a Notes, Class A-2b Notes, Class A-3 Notes, Class A-4 Notes, Class B Notes, Class C Notes and Class D B Notes outstanding at any time may not exceed those such respective amounts except as provided in Section 2.6. (d) 2.06. Each Note shall be dated the date of its authentication. The Notes shall be issuable as registered Notes in the minimum denominations denomination of $5,000 1,000 and in integral multiples of $1,000 in excess thereof; provided, that the minimum amounts of any Retained Notes shall be subject to the restrictions set forth in Section 2.15. (e) 2.04. No Note shall be entitled to any benefit under this Indenture or be valid or obligatory for any purpose unless there appears on such Note a certificate of authentication substantially in the form provided for herein executed by the Indenture Trustee by the manual signature of one of its authorized signatories, and such certificate upon any Note shall be conclusive evidence, and the only evidence, that such Note has been duly authenticated and delivered hereunder.

Execution, Authentication and Delivery. (a) The Notes shall be executed on behalf of the Issuer by any of its Authorized Officers. The signatures signature of any such Authorized Officer of the Issuer on the Notes may be manual or facsimile. (b) . Notes bearing the manual or facsimile signature of individuals who were at any time Authorized Officers of the Issuer shall bind the Issuer, notwithstanding whether any that such individuals or any of them have ceased to hold such offices prior to the authentication and delivery of such Notes or did not hold such offices on such at the date of authentication or date of delivery. (c) such Notes. The Indenture Trustee shall, shall upon Issuer Order, Order authenticate and deliver the Class A-1 A‑1 Notes for original issue in an aggregate principal amount of $277,000,000383,000,000, the Class A-2a A‑2a Notes for original issue in an aggregate principal amount of $412,000,000358,000,000, the Class A-2b Notes for original issue in an aggregate principal amount of $100,000,000258,000,000, the Class A-3 Notes for original issue in an aggregate principal amount of $493,900,000616,000,000, the Class A-4 Notes for original issue in an aggregate principal amount of $107,910,000 91,250,000 and the Class B Notes for original issue in an aggregate principal amount of $42,170,000, the Class C Notes for original issue in an 43,750,000. The aggregate principal amount of $39,910,000 and the Class D Notes for original issue in an aggregate principal amount of $27,110,000. The aggregate principal amounts of Class A-1 A‑1 Notes, the Class A-2a Notes, the Class A-2b A‑2b Notes, the Class A-3 Notes, the Class A-4 Notes, Notes and the Class B Notes, Class C Notes and Class D Notes outstanding at any time may not exceed those such respective amounts except as provided in Section 2.6. (d) Each Note shall be dated the date of its authentication2.05. The Class A Notes shall be issuable as registered Notes in minimum denominations of $5,000 1,000 and in integral multiples of $1,000 in excess thereof; provided, that the minimum amounts of any Retained Notes . Each Note shall be subject to dated the restrictions set forth in Section 2.15. (e) date of its authentication. No Note shall be entitled to any benefit under this Indenture or be valid or obligatory for any purpose purpose, unless there appears on such Note a certificate of authentication substantially in the form provided for herein included in Exhibit A-1, Exhibit A-2 or Exhibit A-3, as applicable, executed by the Indenture Trustee by the manual or facsimile signature of one of its authorized signatories, and such certificate upon any Note shall be conclusive evidence, and the only evidence, that such Note has been duly authenticated and delivered hereunder.

Execution, Authentication and Delivery. (a) The Notes shall be executed on behalf of the Issuer by any of its Authorized Officers. The signatures signature of any such Authorized Officer of the Issuer on the Notes may be manual or facsimile. (b) . Notes bearing the manual or facsimile signature of individuals who were at any time Authorized Officers of the Issuer shall bind the Issuer, notwithstanding whether any that such individuals or any of them have ceased to hold such offices prior to the authentication and delivery of such Notes or did not hold such offices on such at the date of authentication or date of delivery. (c) such Notes. The Indenture Trustee shall, shall upon Issuer Order, Order authenticate and deliver the Class A-1 Notes for original issue in an aggregate principal amount of $277,000,000342,800,000, the Class A-2a Notes for original issue in an aggregate principal amount of $412,000,000339,600,000, the Class A-2b Notes for original issue in an aggregate principal amount of $100,000,000185,000,000, the Class A-3 Notes for original issue in an aggregate principal amount of $493,900,000524,500,000, the Class A-4 Notes for original issue in an aggregate principal amount of $107,910,000 85,000,000 and the Class B Notes for original issue use in an aggregate principal amount of $42,170,000, the Class C Notes for original issue in an 23,100,000. The aggregate principal amount of $39,910,000 and the Class D Notes for original issue in an aggregate principal amount of $27,110,000. The aggregate principal amounts of Class A-1 Notes, the Class A-2a A-2 Notes, Class A-2b Notes, the Class A-3 Notes, the Class A-4 Notes, Notes and the Class B Notes, Class C Notes and Class D Notes outstanding at any time may not exceed those such respective amounts except as provided in Section 2.6. (d) Each Note shall be dated the date of its authentication2.05. The Notes shall be issuable as registered Notes in minimum denominations of $5,000 1,000 and in any integral multiples multiple of $1,000 in excess thereof; provided, provided that the minimum amounts of any Retained Notes shall be subject to issued as Definitive Notes and the restrictions set forth in Section 2.15. (e) holder of such Retained Notes shall be a Note Owner and a Noteholder for all purposes of this Indenture. Each Note shall be dated the date of its authentication. No Note shall be entitled to any benefit under this Indenture or be valid or obligatory for any purpose purpose, unless there appears on such Note a certificate of authentication substantially in the form provided for herein included in Exhibit A, as the case may be, executed by the Indenture Trustee by the manual or facsimile signature of one of its authorized signatories, and such certificate upon any Note shall be conclusive evidence, and the only evidence, that such Note has been duly authenticated and delivered hereunder.. 3 (NAROT 2025-A Indenture)

Execution, Authentication and Delivery. (a) The Notes shall be executed on behalf of the Issuer by any of its Authorized Officers. The signatures signature of any such Authorized Officer of the Issuer on the Notes may be manual or facsimile. (b) . Notes bearing the manual or facsimile signature of individuals who were at any time Authorized Officers of the Issuer shall bind the Issuer, notwithstanding whether any that such individuals or any of them have ceased to hold such offices prior to the authentication and delivery of such Notes or did not hold such offices on such at the date of authentication or date of delivery. (c) such Notes. The Indenture Trustee shall, shall upon Issuer Order, Order authenticate and deliver the Class A-1 Notes for original issue the Notes in an the following aggregate principal amount amounts: (i) $265,000,000 of Class A-1 Notes, (ii) $277,000,000479,000,000 of Class A-2 Notes, the Class A-2a Notes for original issue in an aggregate principal amount (iii) $479,000,000 of $412,000,000, the Class A-2b Notes for original issue in an aggregate principal amount of $100,000,000, the Class A-3 Notes for original issue in an aggregate principal amount and (iv) $94,110,000 of $493,900,000, the Class A-4 Notes for original issue in an aggregate principal amount of $107,910,000 the Class B Notes for original issue in an aggregate principal amount of $42,170,000, the Class C Notes for original issue in an aggregate principal amount of $39,910,000 and the Class D Notes for original issue in an aggregate principal amount of $27,110,000Notes. The aggregate principal amounts amount of Class A-1 Notes, Class A-2a Notes, Class A-2b A-2 Notes, Class A-3 Notes, Class A-4 Notes, Class B Notes, Class C Notes and Class D A-4 Notes outstanding at any time may not exceed those such respective amounts except as provided in Section 2.6. (d) 2.06. Each Note shall be dated the date of its authentication. The Notes shall be issuable as registered Notes notes in book-entry form in minimum denominations of $5,000 1,000 and in integral multiples of $1,000 in excess thereof; provided, however, that on the minimum amounts 2019-A Closing Date, one Class A-1 Note, one Class A-2 Note, one Class A-3 Note and one Class A-4 Note may be issued in a denomination that includes any remaining portion of any Retained Notes shall be subject to the restrictions set forth in Section 2.15. (e) Initial Class A-1 Note Balance, the Initial Class A-2 Note Balance, the Initial A-3 Note Balance and the Initial Class A-4 Note Balance, respectively. No Note shall be entitled to any benefit under this Indenture or be valid or obligatory for any purpose purpose, unless there appears on such Note a certificate of authentication substantially in the form provided for herein executed by the Indenture Trustee by the manual signature of one of its authorized signatories, and such certificate upon any Note shall be conclusive evidence, and the only evidence, that such Note has been duly authenticated and delivered hereunder.

Execution, Authentication and Delivery. (a) The Notes shall be executed on behalf of the Issuer by any of its Authorized Officers. The signatures signature of any such Authorized Officer of the Issuer on the Notes may be manual or facsimile. (b) . Notes bearing the manual or facsimile signature of individuals who were at any time Authorized Officers of the Issuer shall bind the Issuer, notwithstanding whether any that such individuals or any of them have ceased to hold such offices prior to the authentication and delivery of such Notes or did not hold such offices on such at the date of authentication or date of delivery. (c) such Notes. The Indenture Trustee shall, shall upon Issuer Order, Order authenticate and deliver the Class A-1 A‑1 Notes for original issue in an aggregate principal amount of $277,000,000326,000,000, the Class A-2a A‑2a Notes for original issue in an aggregate principal amount of $412,000,000298,000,000, the Class A-2b Notes for original issue in an aggregate principal amount of $100,000,000298,000,000, the Class A-3 Notes for original issue in an aggregate principal amount of $493,900,000534,000,000, the Class A-4 Notes for original issue in an aggregate principal amount of $107,910,000 104,000,000 and the Class B Notes for original issue in an aggregate principal amount of $42,170,000, the Class C Notes for original issue in an 40,000,000. The aggregate principal amount of $39,910,000 and the Class D Notes for original issue in an aggregate principal amount of $27,110,000. The aggregate principal amounts of Class A-1 A‑1 Notes, the Class A-2a A‑2a Notes, the Class A-2b Notes, the Class A-3 Notes, the Class A-4 Notes, Notes and the Class B Notes, Class C Notes and Class D Notes outstanding at any time may not exceed those such respective amounts except as provided in Section 2.6. (d) Each Note shall be dated the date of its authentication2.05. The Class A Notes shall be issuable as registered Notes in minimum denominations of $5,000 1,000 and in integral multiples of $1,000 in excess thereof; provided, that the minimum amounts of any Retained Notes . Each Note shall be subject to dated the restrictions set forth in Section 2.15. (e) date of its authentication. No Note shall be entitled to any benefit under this Indenture or be valid or obligatory for any purpose purpose, unless there appears on such Note a certificate of authentication substantially in the form provided for herein included in Exhibit ▇-▇, ▇▇▇▇▇▇▇ ▇-▇ or Exhibit A-3, as applicable, executed by the Indenture Trustee by the manual or facsimile signature of one of its authorized signatories, and such certificate upon any Note shall be conclusive evidence, and the only evidence, that such Note has been duly authenticated and delivered hereunder.

Execution, Authentication and Delivery. (a) The Notes shall be executed on behalf of the Issuer by any of its Authorized Officers. The signatures signature of any such Authorized Officer of the Issuer on the Notes may be manual or facsimile. (b) . Notes bearing the manual or facsimile signature of individuals who were at any time Authorized Officers of the Issuer shall bind the Issuer, notwithstanding whether any that such individuals or any of them have ceased to hold such offices prior to the authentication and delivery of such Notes or did not hold such offices on such at the date of authentication or date of delivery. (c) such Notes. The Indenture Trustee shall, shall upon Issuer Order, Order authenticate and deliver the Class A-1 A‑1 Notes for original issue in an aggregate principal amount of $277,000,000341,000,000, the Class A-2a A‑2a Notes for original issue in an aggregate principal amount of $412,000,000320,800,000, the Class A-2b Notes for original issue in an aggregate principal amount of $100,000,000111,200,000, the Class A-3 Notes for original issue in an aggregate principal amount of $493,900,000334,000,000, the Class A-4 Notes for original issue in an aggregate principal amount of $107,910,000 111,750,000 and the Class B Notes for original issue in an aggregate principal amount of $42,170,000, the Class C Notes for original issue in an 31,250,000. The aggregate principal amount of $39,910,000 and the Class D Notes for original issue in an aggregate principal amount of $27,110,000. The aggregate principal amounts of Class A-1 A‑1 Notes, the Class A-2a A‑2a Notes, the Class A-2b Notes, the Class A-3 Notes, the Class A-4 Notes, Notes and the Class B Notes, Class C Notes and Class D Notes outstanding at any time may not exceed those such respective amounts except as provided in Section 2.6. (d) Each Note shall be dated the date of its authentication2.05. The Notes shall be issuable as registered Notes in minimum denominations of $5,000 1,000 and in integral multiples of $1,000 in excess thereof; provided, that the minimum amounts of any Retained Notes . Each Note shall be subject to dated the restrictions set forth in Section 2.15. (e) date of its authentication. No Note shall be entitled to any benefit under this Indenture or be valid or obligatory for any purpose purpose, unless there appears on such Note a certificate of authentication substantially in the form provided for herein included in Exhibit ▇-▇, ▇▇▇▇▇▇▇ ▇-▇ or Exhibit A-3, as applicable, executed by the Indenture Trustee by the manual or facsimile signature of one of its authorized signatories, and such certificate upon any Note shall be conclusive evidence, and the only evidence, that such Note has been duly authenticated and delivered hereunder.

Execution, Authentication and Delivery. (a) The Notes shall be executed on behalf of the Issuer by any of its Authorized Officers. The signatures signature of any such Authorized Officer of the Issuer on the Notes may be manual or facsimile. (b) . Notes bearing the manual or facsimile signature of individuals who were at any time Authorized Officers of the Issuer shall bind the Issuer, notwithstanding whether any that such individuals or any of them have ceased to hold such offices prior to the authentication and delivery of such Notes or did not hold such offices on such at the date of authentication or date of delivery. (c) such Notes. The Indenture Trustee shall, shall upon Issuer Order, Order authenticate and deliver the Class A-1 A‑1 Notes for original issue in an aggregate principal amount of $277,000,000349,000,000, the Class A-2a A‑2a Notes for original issue in an aggregate principal amount of $412,000,000265,000,000, the Class A-2b Notes for original issue in an aggregate principal amount of $100,000,000397,500,000, the Class A-3 Notes for original issue in an aggregate principal amount of $493,900,000597,500,000, the Class A-4 Notes for original issue in an aggregate principal amount of $107,910,000 97,250,000 and the Class B Notes for original issue in an aggregate principal amount of $42,170,000, the Class C Notes for original issue in an 43,750,000. The aggregate principal amount of $39,910,000 and the Class D Notes for original issue in an aggregate principal amount of $27,110,000. The aggregate principal amounts of Class A-1 A‑1 Notes, the Class A-2a Notes, the Class A-2b A‑2b Notes, the Class A-3 Notes, the Class A-4 Notes, Notes and the Class B Notes, Class C Notes and Class D Notes outstanding at any time may not exceed those such respective amounts except as provided in Section 2.6. (d) Each Note shall be dated the date of its authentication2.05. The Class A Notes shall be issuable as registered Notes in minimum denominations of $5,000 1,000 and in integral multiples of $1,000 in excess thereof; provided, that the minimum amounts of any Retained Notes . Each Note shall be subject to dated the restrictions set forth in Section 2.15. (e) date of its authentication. No Note shall be entitled to any benefit under this Indenture or be valid or obligatory for any purpose purpose, unless there appears on such Note a certificate of authentication substantially in the form provided for herein included in Exhibit A-1, Exhibit A-2 or Exhibit A-3, as applicable, executed by the Indenture Trustee by the manual or facsimile signature of one of its authorized signatories, and such certificate upon any Note shall be conclusive evidence, and the only evidence, that such Note has been duly authenticated and delivered hereunder.

Execution, Authentication and Delivery. (a) The Notes shall be executed on behalf of the Issuer by any of its Authorized Officers. The signatures signature of any such Authorized Officer of the Issuer on the Notes may be manual or facsimile. (b) . Notes bearing the manual or facsimile signature of individuals who were at any time Authorized Officers of the Issuer shall bind the Issuer, notwithstanding whether any that such individuals or any of them have ceased to hold such offices prior to the authentication and delivery of such Notes or did not hold such offices on such at the date of authentication or date of delivery. (c) such Notes. The Indenture Trustee shall, shall upon Issuer Order, Order authenticate and deliver the Class A-1 A‑1 Notes for original issue in an aggregate principal amount of $277,000,000444,000,000, the Class A-2a A‑2a Notes for original issue in an aggregate principal amount of $412,000,000420,000,000, the Class A-2b Notes for original issue in an aggregate principal amount of $100,000,000210,000,000, the Class A-3 Notes for original issue in an aggregate principal amount of $493,900,000484,000,000, the Class A-4 Notes for original issue in an aggregate principal amount of $107,910,000 148,240,000 and the Class B Notes for original issue in an aggregate principal amount of $42,170,000, the Class C Notes for original issue in an 43,760,000. The aggregate principal amount of $39,910,000 and the Class D Notes for original issue in an aggregate principal amount of $27,110,000. The aggregate principal amounts of Class A-1 A‑1 Notes, the Class A-2a A‑2a Notes, the Class A-2b Notes, the Class A-3 Notes, the Class A-4 Notes, Notes and the Class B Notes, Class C Notes and Class D Notes outstanding at any time may not exceed those such respective amounts except as provided in Section 2.6. (d) Each Note shall be dated the date of its authentication2.05. The Notes shall be issuable as registered Notes in minimum denominations of $5,000 1,000 and in integral multiples of $1,000 in excess thereof; provided, that the minimum amounts of any Retained Notes . Each Note shall be subject to dated the restrictions set forth in Section 2.15. (e) date of its authentication. No Note shall be entitled to any benefit under this Indenture or be valid or obligatory for any purpose purpose, unless there appears on such Note a certificate of authentication substantially in the form provided for herein included in Exhibit ▇-▇, ▇▇▇▇▇▇▇ ▇-▇ or Exhibit A-3, as applicable, executed by the Indenture Trustee by the manual or facsimile signature of one of its authorized signatories, and such certificate upon any Note shall be conclusive evidence, and the only evidence, that such Note has been duly authenticated and delivered hereunder.

Execution, Authentication and Delivery. (a) The Notes shall be executed on behalf of the Issuer by any of its Authorized Officers. The signatures of any such Authorized Officer of the Issuer on the Notes may be manual or facsimile. (b) Notes bearing the manual or facsimile signature of individuals who were at any time Authorized Officers of the Issuer shall bind the Issuer, notwithstanding whether any such individuals have ceased to hold such offices prior to the authentication and delivery of such Notes or did not hold such offices on such date of authentication or date of delivery. (c) The Indenture Trustee shall, upon Issuer Order, authenticate and deliver the Class A-1 Notes for original issue in an aggregate principal amount of $277,000,000287,170,000, the Class A-2a Notes for original issue in an aggregate principal amount of $412,000,000385,133,000, the Class A-2b Notes for original issue in an aggregate principal amount of $100,000,000120,000,000, the Class A-3 Notes for original issue in an aggregate principal amount of $493,900,000505,133,000, the Class A-4 Notes for original issue in an aggregate principal amount of $107,910,000 92,800,000, the Class B Notes for original issue in an aggregate principal amount of $42,170,00030,606,000, the Class C Notes for original issue in an aggregate principal amount of $39,910,000 14,579,000, and the Class D Notes for original issue in an aggregate principal amount of $27,110,00014,579,000. The aggregate principal amounts of Class A-1 Notes, Class A-2a Notes, Class A-2b Notes, Class A-3 Notes, Class A-4 Notes, Class B Notes, Class C Notes and Class D Notes outstanding at any time may not exceed those respective amounts except as provided in Section 2.6. (d) Each Note shall be dated the date of its authentication. The Notes shall be issuable as registered Notes in minimum denominations of $5,000 and in integral multiples of $1,000 in excess thereof; provided, that the minimum amounts of any Retained Notes shall be subject to the restrictions set forth in Section 2.15. (e) No Note shall be entitled to any benefit under this Indenture or be valid or obligatory for any purpose unless there appears on such Note a certificate of authentication substantially in the form provided for herein executed by the Indenture Trustee by the manual signature of one of its authorized signatories, and such certificate upon any Note shall be conclusive evidence, and the only evidence, that such Note has been duly authenticated and delivered hereunder.

Execution, Authentication and Delivery. (a) The Notes shall be executed on behalf of the Issuer by any of its Authorized Officers. The signatures signature of any such Authorized Officer of the Issuer on the Notes may be manual or facsimile. (b) . Notes bearing the manual or facsimile signature of individuals who were at any time Authorized Officers of the Issuer shall bind the Issuer, notwithstanding whether any that such individuals or any of them have ceased to hold such offices prior to the authentication and delivery of such Notes or did not hold such offices on such at the date of authentication or date of delivery. (c) such Notes. The Indenture Trustee shall, shall upon Issuer Order, Order authenticate and deliver the Class A-1 Notes for original issue in an aggregate principal amount of $277,000,000495,000,000, the Class A-2a A-2 Notes for original issue in an aggregate principal amount of $412,000,000, the Class A-2b Notes for original issue in an aggregate principal amount of $100,000,000307,700,000, the Class A-3 Notes for original issue in an aggregate principal amount of $493,900,000347,100,000, the Class A-4 Notes for original issue in an aggregate principal amount of $107,910,000 100,200,000 and the Class B Notes for original issue in an aggregate principal amount of $42,170,000, the Class C Notes for original issue in an 44,400,000. The aggregate principal amount of $39,910,000 and the Class D Notes for original issue in an aggregate principal amount of $27,110,000. The aggregate principal amounts of Class A-1 Notes, the Class A-2a A-2 Notes, Class A-2b Notes, the Class A-3 Notes, the Class A-4 Notes, Notes and the Class B Notes, Class C Notes and Class D Notes outstanding at any time may not exceed those such respective amounts except as provided in Section 2.6. (d) Each Note shall be dated the date of its authentication2.05. The Notes shall be issuable as registered Notes in minimum denominations of $5,000 and in integral multiples of $1,000 in excess thereof; provided, that the minimum amounts of any Retained Notes 1,000. Each Note shall be subject to dated the restrictions set forth in Section 2.15. (e) date of its authentication. No Note shall be entitled to any benefit under this Indenture or be valid or obligatory for any purpose purpose, unless there appears on such Note a certificate of authentication substantially in the form provided for herein included in Exhibit ▇-▇, ▇▇▇▇▇▇▇ ▇-▇ or Exhibit A-3, as applicable, executed by the Indenture Trustee by the manual or facsimile signature of one of its authorized signatories, and such certificate upon any Note shall be conclusive evidence, and the only evidence, that such Note has been duly authenticated and delivered hereunder.

Execution, Authentication and Delivery. (a) The Notes shall be executed on behalf of the Issuer by any of its Authorized Officers. The signatures signature of any such Authorized Officer of the Issuer on the Notes may be manual or facsimile. (b) . Notes bearing the manual or facsimile signature of individuals who were at any time Authorized Officers of the Issuer shall bind the Issuer, notwithstanding whether any that such individuals or any of them have ceased to hold such offices prior to the authentication and delivery of such Notes or did not hold such offices on such at the date of authentication or date of delivery. (c) such Notes. The Indenture Trustee shall, shall upon Issuer Order, Order authenticate and deliver the Class A-1 A‑1 Notes for original issue in an aggregate principal amount of $277,000,000383,000,000, the Class A-2a A‑2a Notes for original issue in an aggregate principal amount of $412,000,000470,000,000, the Class A-2b Notes for original issue in an aggregate principal amount of $100,000,000202,800,000, the Class A-3 Notes for original issue in an aggregate principal amount of $493,900,000672,800,000, the Class A-4 Notes for original issue in an aggregate principal amount of $107,910,000 123,900,000 and the Class B Notes for original issue in an aggregate principal amount of $42,170,000, the Class C Notes for original issue in an 47,500,000. The aggregate principal amount of $39,910,000 and the Class D Notes for original issue in an aggregate principal amount of $27,110,000. The aggregate principal amounts of Class A-1 A‑1 Notes, the Class A-2a Notes, the Class A-2b A‑2b Notes, the Class A-3 Notes, the Class A-4 Notes, Notes and the Class B Notes, Class C Notes and Class D Notes outstanding at any time may not exceed those such respective amounts except as provided in Section 2.6. (d) Each Note shall be dated the date of its authentication2.05. The Class A Notes shall be issuable as registered Notes in minimum denominations of $5,000 1,000 and in integral multiples of $1,000 in excess thereof; provided, that the minimum amounts of any Retained Notes . Each Note shall be subject to dated the restrictions set forth in Section 2.15. (e) date of its authentication. No Note shall be entitled to any benefit under this Indenture or be valid or obligatory for any purpose purpose, unless there appears on such Note a certificate of authentication substantially in the form provided for herein included in Exhibit A-1, Exhibit A-2 or Exhibit A-3, as applicable, executed by the Indenture Trustee by the manual or facsimile signature of one of its authorized signatories, and such certificate upon any Note shall be conclusive evidence, and the only evidence, that such Note has been duly authenticated and delivered hereunder.

Execution, Authentication and Delivery. (a) The Notes shall be executed on behalf of the Issuer by any of its Authorized Officers. The signatures signature of any such Authorized Officer of the Issuer on the Notes may be manual or facsimile. (b) . Notes bearing the manual or facsimile signature of individuals who were at any time Authorized Officers of the Issuer shall bind the Issuer, notwithstanding whether any that such individuals or any of them have ceased to hold such offices prior to the authentication and delivery of such Notes or did not hold such offices on such at the date of authentication or date of delivery. (c) such Notes. The Indenture Trustee shall, shall upon Issuer Order, Order authenticate and deliver the Class A-1 Notes for original issue in an aggregate principal amount of $277,000,000[ ], the Class A-2a A-2[-A] Notes for original issue in an aggregate principal amount of $412,000,000[ ], the [Class A-2b A-2-B Notes for original issue in an aggregate principal amount of $100,000,000, the [____________],] Class A-3 Notes for original issue in an aggregate principal amount of $493,900,000[ ], the Class A-4 Notes for original issue in an aggregate principal amount of $107,910,000 the [ ], Class B Notes for original issue in an aggregate principal amount of $42,170,000[ ], the Class C Notes for original issue in an aggregate principal amount of $39,910,000 [ ], and the Class D Notes for original issue in an aggregate principal amount of $27,110,000[ ]. The aggregate principal amounts amount of Class A-1 Notes, Class A-2a A-2[-A] Notes, [Class A-2b A-2-B Notes, ,] Class A-3 Notes, Class A-4 Notes, Class B Notes, Class C Notes and Class D Notes outstanding at any time may not exceed those such respective amounts except as provided in Section 2.6. (d) Each Note shall be dated the date of its authentication2.06. The Notes shall be issuable as registered Notes in minimum denominations of $5,000 [1,000] and in integral multiples of $1,000 [1,000] in excess thereof; provided, that the minimum amounts thereof (except for one Note of any Retained Notes shall each class which may be subject to the restrictions set forth issued in Section 2.15. (e) a denomination other than an integral multiple of $[1,000]). No Note shall be entitled to any benefit under this Indenture or be valid or obligatory for any purpose purpose, unless there appears on such Note a certificate of authentication substantially in the form provided for herein executed by the Indenture Trustee by the manual signature of one of its authorized signatories, and such certificate upon any Note shall be conclusive evidence, and the only evidence, that such Note has been duly authenticated and delivered hereunder.

Execution, Authentication and Delivery. (a) The Notes shall be executed on behalf of the Issuer Issuing Entity by any of its Authorized Officers. The signatures signature of any such Authorized Officer of the Issuer on the Notes may be manual or facsimile. (b) . Notes bearing the manual or facsimile signature of individuals who were at any time Authorized Officers of the Issuer Issuing Entity shall bind the IssuerIssuing Entity, notwithstanding whether any that such individuals or any of them have ceased to hold such offices prior to the authentication and delivery of such Notes or did not hold such offices on such at the date of authentication or date of delivery. (c) such Notes. The Indenture Trustee shall, shall upon Issuer Order, receipt of an Issuing Entity Order authenticate and deliver the Class A-1 Notes for original issue in an aggregate principal amount of $277,000,000245,000,000, the Class A-2a A-2 Notes for original issue in an aggregate principal amount of $412,000,000275,000,000, the Class A-2b Notes for original issue in an aggregate principal amount of $100,000,000, the Class A-3 Notes for original issue in an aggregate principal amount of $493,900,000270,000,000, the Class A-4 Notes for original issue in an aggregate principal amount of $107,910,000 the 94,934,000 and Class B Notes for original issue in an aggregate principal amount of $42,170,000, the Class C Notes for original issue in an aggregate principal amount of $39,910,000 and the Class D Notes for original issue in an aggregate principal amount of $27,110,00018,957,000. The aggregate principal amounts amount of Class A-1 Notes, Class A-2a Notes, Class A-2b A-2 Notes, Class A-3 Notes, Class A-4 Notes, Class B Notes, Class C Notes and Class D B Notes outstanding at any time may not exceed those such respective amounts except as provided in Section 2.6. (d) 2.06. Each Note shall be dated the date of its authentication. The Notes shall be issuable as registered Notes in the minimum denominations denomination of $5,000 1,000 and in integral multiples of $1,000 in excess thereof; provided, that the minimum amounts of any Retained Notes shall be subject to the restrictions set forth in Section 2.15. (e) 2.04. No Note shall be entitled to any benefit under this Indenture or be valid or obligatory for any purpose unless there appears on such Note a certificate of authentication substantially in the form provided for herein executed by the Indenture Trustee by the manual signature of one of its authorized signatories, and such certificate upon any Note shall be conclusive evidence, and the only evidence, that such Note has been duly authenticated and delivered hereunder.

Execution, Authentication and Delivery. (a) The Notes shall be executed on behalf of the Issuer by any of its Authorized Officers. The signatures signature of any such Authorized Officer of the Issuer on the Notes may be manual or facsimile. (b) . Notes bearing the manual or facsimile signature of individuals who were at any time Authorized Officers of the Issuer shall bind the Issuer, notwithstanding whether any that such individuals or any of them have ceased to hold such offices prior to the authentication and delivery of such Notes or did not hold such offices on such at the date of authentication or date of delivery. (c) such Notes. The Indenture Trustee shall, shall upon Issuer Order, Order authenticate and deliver the Class A-1 A‑1 Notes for original issue in an aggregate principal amount of $277,000,000446,000,000, the Class A-2a A‑2a Notes for original issue in an aggregate principal amount of $412,000,000361,000,000, the Class A-2b Notes for original issue in an aggregate principal amount of $100,000,000, 129,000,000 the Class A-3 Notes for original issue in an aggregate principal amount of $493,900,000490,000,000, the Class A-4 Notes for original issue in an aggregate principal amount of $107,910,000 134,000,000 and the Class B Notes for original issue in an aggregate principal amount of $42,170,000, the Class C Notes for original issue in an 40,000,000. The aggregate principal amount of $39,910,000 and the Class D Notes for original issue in an aggregate principal amount of $27,110,000. The aggregate principal amounts of Class A-1 A‑1 Notes, the Class A-2a A‑2a Notes, the Class A-2b Notes, the Class A-3 Notes, the Class A-4 Notes, Notes and the Class B Notes, Class C Notes and Class D Notes outstanding at any time may not exceed those such respective amounts except as provided in Section 2.6. (d) Each Note shall be dated the date of its authentication2.05. The Notes shall be issuable as registered Notes in minimum denominations of $5,000 1,000 and in integral multiples of $1,000 in excess thereof; provided, that the minimum amounts of any Retained Notes . Each Note shall be subject to dated the restrictions set forth in Section 2.15. (e) date of its authentication. No Note shall be entitled to any benefit under this Indenture or be valid or obligatory for any purpose purpose, unless there appears on such Note a certificate of authentication substantially in the form provided for herein included in Exhibit ▇-▇, ▇▇▇▇▇▇▇ ▇-▇ or Exhibit A-3, as applicable, executed by the Indenture Trustee by the manual or facsimile signature of one of its authorized signatories, and such certificate upon any Note shall be conclusive evidence, and the only evidence, that such Note has been duly authenticated and delivered hereunder.

Execution, Authentication and Delivery. (a) The Notes shall be executed on behalf of the Issuer by any of its Authorized Officers. The signatures signature of any such Authorized Officer of the Issuer on the Notes may be manual or facsimile. (b) . Notes bearing the manual or facsimile signature of individuals who were at any time Authorized Officers of the Issuer shall bind the Issuer, notwithstanding whether any that such individuals or any of them have ceased to hold such offices prior to the authentication and delivery of such Notes or did not hold such offices on such at the date of authentication or date of delivery. (c) such Notes. The Indenture Trustee shall, shall upon Issuer Order, Order authenticate and deliver the Class A-1 Notes for original issue in an aggregate principal amount of $277,000,000209,000,000, the Class A-2a A-2-A Notes for original issue in an aggregate principal amount of $412,000,000210,500,000, the Class A-2b A-2-B Notes for original issue in an aggregate principal amount of $100,000,000139,500,000, the Class A-3 Notes for original issue in an aggregate principal amount of $493,900,000275,000,000, the Class A-4 Notes for original issue in an aggregate principal amount of $107,910,000 the 73,780,000, Class B Notes for original issue in an aggregate principal amount of $42,170,00017,620,000, the and Class C Notes for original issue in an aggregate principal amount of $39,910,000 and the Class D Notes for original issue in an aggregate principal amount of $27,110,00029,380,000. The aggregate principal amounts amount of Class A-1 Notes, Class A-2a A-2-A Notes, Class A-2b A-2-B Notes, Class A-3 Notes, Class A-4 Notes, Class B Notes, Class C Notes and Class D C Notes outstanding at any time may not exceed those such respective amounts except as provided in Section 2.6. (d) Each Note shall be dated the date of its authentication2.06. The Notes shall be issuable as registered Notes in minimum denominations of $5,000 1,000 and in integral multiples of $1,000 in excess thereof; provided, that the minimum amounts thereof (except for one Note of any Retained Notes shall each class which may be subject to the restrictions set forth issued in Section 2.15. (e) a denomination other than an integral multiple of $1,000). No Note shall be entitled to any benefit under this Indenture or be valid or obligatory for any purpose purpose, unless there appears on such Note a certificate of authentication substantially in the form provided for herein executed by the Indenture Trustee by the manual signature of one of its authorized signatories, and such certificate upon any Note shall be conclusive evidence, and the only evidence, that such Note has been duly authenticated and delivered hereunder.

Execution, Authentication and Delivery. (a) The Notes shall be executed on behalf of the Issuer by any of its Authorized Officers. The signatures of any such Authorized Officer of the Issuer on the Notes may be manual or facsimile. (b) Notes bearing the manual or facsimile signature of individuals who were at any time Authorized Officers of the Issuer shall bind the Issuer, notwithstanding whether any such individuals have ceased to hold such offices prior to the authentication and delivery of such Notes or did not hold such offices on such date of authentication or date of delivery. (c) The Indenture Trustee shall, upon Issuer Order, authenticate and deliver the Class A-1 Notes for original issue in an aggregate principal amount of $277,000,000213,000,000, the Class A-2a Notes for original issue in an aggregate principal amount of $412,000,000201,000,000, the Class A-2b Notes for original issue in an aggregate principal amount of $100,000,000201,000,000, the Class A-3 Notes for original issue in an aggregate principal amount of $493,900,000345,000,000, the Class A-4 Notes for original issue in an aggregate principal amount of $107,910,000 104,200,000, the Class B Notes for original issue in an aggregate principal amount of $42,170,00020,000,000, the Class C Notes for original issue in an aggregate principal amount of $39,910,000 23,900,000 and the Class D Notes for original issue in an aggregate principal amount of $27,110,00031,900,000. The aggregate principal amounts of Class A-1 Notes, Class A-2a Notes, Class A-2b Notes, Class A-3 Notes, Class A-4 Notes, Class B Notes, Class C Notes and Class D Notes outstanding at any time may not exceed those respective amounts except as provided in Section 2.6. (d) Each Note shall be dated the date of its authentication. The Notes shall be issuable as registered Notes in minimum denominations of $5,000 and in integral multiples of $1,000 in excess thereof; provided, that the minimum amounts of any Retained Notes shall be subject to the restrictions set forth in Section 2.15. (e) No Note shall be entitled to any benefit under this Indenture or be valid or obligatory for any purpose unless there appears on such Note a certificate of authentication substantially in the form provided for herein executed by the Indenture Trustee by the manual signature of one of its authorized signatories, and such certificate upon any Note shall be conclusive evidence, and the only evidence, that such Note has been duly authenticated and delivered hereunder.

Execution, Authentication and Delivery. (a) The Notes shall be executed on behalf of the Issuer by any of its Authorized Officers. The signatures signature of any such Authorized Officer of the Issuer on the Notes may be manual or facsimile. (b) . Notes bearing the manual or facsimile signature of individuals who were at any time Authorized Officers of the Issuer shall bind the Issuer, notwithstanding whether any that such individuals or any of them have ceased to hold such offices prior to the authentication and delivery of such Notes or did not hold such offices on such at the date of authentication or date of delivery. (c) such Notes. The Indenture Trustee shall, shall upon Issuer Order, Order authenticate and deliver the Class A-1 Notes for original issue in an aggregate principal amount of $277,000,000300,000,000, the Class A-2a Notes for original issue in an aggregate principal amount of $412,000,000227,500,000, the Class A-2b Notes for original issue in an aggregate principal amount of $100,000,000225,000,000, the Class A-3 Notes for original issue in an aggregate principal amount of $493,900,000402,500,000, and the Class A-4 Notes for original issue in an aggregate principal amount of $107,910,000 the Class B Notes for original issue in an 95,000,000. The aggregate principal amount of $42,170,000, the Class C Notes for original issue in an aggregate principal amount of $39,910,000 and the Class D Notes for original issue in an aggregate principal amount of $27,110,000. The aggregate principal amounts of Class A-1 Notes, the Class A-2a A-2 Notes, Class A-2b Notes, the Class A-3 Notes, Notes and the Class A-4 Notes, Class B Notes, Class C Notes and Class D Notes outstanding at any time may not exceed those such respective amounts except as provided in Section 2.6. (d) Each Note shall be dated the date of its authentication2.05. The Notes shall be issuable as registered Notes in minimum denominations of $5,000 1,000 and in any integral multiples multiple of $1,000 in excess thereof; provided, provided that the minimum amounts of any Retained Notes shall be subject to issued as Definitive Notes and the restrictions set forth in Section 2.15. (e) holder of such Retained Notes shall be a Note Owner and a Noteholder for all purposes of this Indenture. Each Note shall be dated the date of its authentication. No Note shall be entitled to any benefit under this Indenture or be valid or obligatory for any purpose purpose, unless there appears on such Note a certificate of authentication substantially in the form provided for herein included in Exhibit A, as the case may be, executed by the Indenture Trustee by the manual or facsimile signature of one of its authorized signatories, and such certificate upon any Note shall be conclusive evidence, and the only evidence, that such Note has been duly authenticated and delivered hereunder.

Execution, Authentication and Delivery. (a) The Notes shall be executed on behalf of the Issuer by any of its Authorized Officers. The signatures signature of any such Authorized Officer of the Issuer on the Notes may be manual or facsimile. (b) . Notes bearing the manual or facsimile signature of individuals who were at any time Authorized Officers of the Issuer shall bind the Issuer, notwithstanding whether any that such individuals or any of them have ceased to hold such offices prior to the authentication and delivery of such Notes or did not hold such offices on such at the date of authentication or date of delivery. (c) such Notes. The Indenture Trustee shall, shall upon Issuer Order, Order authenticate and deliver the Class A-1 Notes for original issue in an aggregate principal amount of $277,000,000330,000,000, the Class A-2a Notes for original issue in an aggregate principal amount of $412,000,000350,000,000, the Class A-2b Notes for original issue in an aggregate principal amount of $100,000,000189,000,000, the Class A-3 Notes for original issue in an aggregate principal amount of $493,900,000389,000,000, and the Class A-4 Notes for original issue in an aggregate principal amount of $107,910,000 the Class B Notes for original issue in an 124,620,000. The aggregate principal amount of $42,170,000, the Class C Notes for original issue in an aggregate principal amount of $39,910,000 and the Class D Notes for original issue in an aggregate principal amount of $27,110,000. The aggregate principal amounts of Class A-1 Notes, the Class A-2a A-2 Notes, Class A-2b Notes, the Class A-3 Notes, Notes and the Class A-4 Notes, Class B Notes, Class C Notes and Class D Notes outstanding at any time may not exceed those such respective amounts except as provided in Section 2.6. (d) Each Note shall be dated the date of its authentication2.05. The Notes shall be issuable as registered Notes in minimum denominations of $5,000 1,000 and in any integral multiples multiple of $1,000 in excess thereof; provided, provided that the minimum amounts of any Retained Notes shall be subject to issued as Definitive Notes and the restrictions set forth in Section 2.15. (e) holder of such Retained Notes shall be a Note Owner and a Noteholder for all purposes of this Indenture. Each Note shall be dated the date of its authentication. No Note shall be entitled to any benefit under this Indenture or be valid or obligatory for any purpose purpose, unless there appears on such Note a certificate of authentication substantially in the form provided for herein included in Exhibit A, as the case may be, executed by the Indenture Trustee by the manual 3 (NAROT 2017-B Indenture) or facsimile signature of one of its authorized signatories, and such certificate upon any Note shall be conclusive evidence, and the only evidence, that such Note has been duly authenticated and delivered hereunder.

Execution, Authentication and Delivery. (a) The Notes shall be executed on behalf of the Issuer by any of its Authorized Officers. The signatures of any such Authorized Officer of the Issuer on the Notes may be manual or facsimile. (b) Notes bearing the manual or facsimile signature of individuals who were at any time Authorized Officers of the Issuer shall bind the Issuer, notwithstanding whether any such individuals have ceased to hold such offices prior to the authentication and delivery of such Notes or did not hold such offices on such date of authentication or date of delivery. (c) The Indenture Trustee shall, upon Issuer Order, authenticate and deliver the Class A-1 Notes for original issue in an aggregate principal amount of $277,000,000208,170,000, the Class A-2a Notes for original issue in an aggregate principal amount of $412,000,000443,680,000, the Class A-2b Notes for original issue in an aggregate principal amount of $100,000,00050,000,000, the Class A-3 Notes for original issue in an aggregate principal amount of $493,900,000493,680,000, the Class A-4 Notes for original issue in an aggregate principal amount of $107,910,000 130,080,000, the Class B Notes for original issue in an aggregate principal amount of $42,170,00023,860,000, the Class C Notes for original issue in an aggregate principal amount of $39,910,000 32,980,000 and the Class D Notes for original issue in an aggregate principal amount of $27,110,00017,550,000. The aggregate principal amounts of Class A-1 Notes, Class A-2a Notes, Class A-2b Notes, Class A-3 Notes, Class A-4 Notes, Class B Notes, Class C Notes and Class D Notes outstanding at any time may not exceed those respective amounts except as provided in Section 2.6.. Table of Contents (d) Each Note shall be dated the date of its authentication. The Notes shall be issuable as registered Notes in minimum denominations of $5,000 and in integral multiples of $1,000 in excess thereof; provided, that the minimum amounts of any Retained Notes shall be subject to the restrictions set forth in Section 2.15. (e) No Note shall be entitled to any benefit under this Indenture or be valid or obligatory for any purpose unless there appears on such Note a certificate of authentication substantially in the form provided for herein executed by the Indenture Trustee by the manual signature of one of its authorized signatories, and such certificate upon any Note shall be conclusive evidence, and the only evidence, that such Note has been duly authenticated and delivered hereunder.

Execution, Authentication and Delivery. (a) The Notes shall be executed on behalf of the Issuer by any of its Authorized Officers. The signatures signature of any such Authorized Officer of the Issuer on the Notes may be manual or facsimile. (b) . Notes bearing the manual or facsimile signature of individuals who were at any time Authorized Officers of the Issuer shall bind the Issuer, notwithstanding whether any that such individuals or any of them have ceased to hold such offices prior to the authentication and delivery of such Notes or did not hold such offices on such at the date of authentication or date of delivery. (c) such Notes. The Indenture Trustee shall, shall upon Issuer Order, Order authenticate and deliver the Class A-1 Notes for original issue in an aggregate principal amount of $277,000,000286,000,000, the Class A-2a A-2-A Notes for original issue in an aggregate principal amount of $412,000,000355,000,000, the Class A-2b A-2-B Notes for original issue in an aggregate principal amount of $100,000,000118,400,000, the Class A-3 Notes for original issue in an aggregate principal amount of $493,900,000429,100,000, the Class A-4 Notes for original issue in an aggregate principal amount of $107,910,000 the 103,700,000, Class B Notes for original issue in an aggregate principal amount of $42,170,00025,100,000, the and Class C Notes for original issue in an aggregate principal amount of $39,910,000 and the Class D Notes for original issue in an aggregate principal amount of $27,110,00041,800,000. The aggregate principal amounts amount of Class A-1 Notes, Class A-2a A-2-A Notes, Class A-2b A-2-B Notes, Class A-3 Notes, Class A-4 Notes, Class B Notes, Class C Notes and Class D C Notes outstanding at any time may not exceed those such respective amounts except as provided in Section 2.6. (d) Each Note shall be dated the date of its authentication2.06. The Notes shall be issuable as registered Notes in minimum denominations of $5,000 1,000 and in integral multiples of $1,000 in excess thereof; provided, that the minimum amounts thereof (except for one Note of any Retained Notes shall each class which may be subject to the restrictions set forth issued in Section 2.15. (e) a denomination other than an integral multiple of $1,000). No Note shall be entitled to any benefit under this Indenture or be valid or obligatory for any purpose purpose, unless there appears on such Note a certificate of authentication substantially in the form provided for herein executed by the Indenture Trustee by the manual or facsimile signature of one of its authorized signatories, and such certificate upon any Note shall be conclusive evidence, and the only evidence, that such Note has been duly authenticated and delivered hereunder.

Execution, Authentication and Delivery. (a) The Notes shall be executed on behalf of the Issuer by any of its Authorized Officers. The signatures signature of any such Authorized Officer of the Issuer on the Notes may be manual or facsimile. (b) . Notes bearing the manual or facsimile signature of individuals who were at any time Authorized Officers of the Issuer shall bind the Issuer, notwithstanding whether any that such individuals or any of them have ceased to hold such offices prior to the authentication and delivery of such Notes or did not hold such offices on such at the date of authentication or date of delivery. (c) such Notes. The Indenture Trustee shall, shall upon Issuer Order, Order authenticate and deliver the Class A-1 Notes for original issue in an aggregate principal amount of $277,000,000252,100,000, the Class A-2a A-2 Notes for original issue in an aggregate principal amount of $412,000,000, the Class A-2b Notes for original issue in an aggregate principal amount of $100,000,000382,100,000, the Class A-3 Notes for original issue in an aggregate principal amount of $493,900,000304,000,000, and the Class A-4 Notes for original issue in an aggregate principal amount of $107,910,000 the Class B Notes for original issue in an 261,890,000. The aggregate principal amount of $42,170,000, the Class C Notes for original issue in an aggregate principal amount of $39,910,000 and the Class D Notes for original issue in an aggregate principal amount of $27,110,000. The aggregate principal amounts of Class A-1 Notes, the Class A-2a A-2 Notes, Class A-2b Notes, the Class A-3 Notes, Notes and the Class A-4 Notes, Class B Notes, Class C Notes and Class D Notes outstanding at any time may not exceed those such respective amounts except as provided in Section 2.6. (d) Each Note shall be dated the date of its authentication2.05. The Notes shall be issuable as registered Notes in minimum denominations of $5,000 25,000 and in any integral multiples multiple of $1,000 in excess thereof; provided, provided that any Retained Notes retained by NARC II or NMAC or conveyed to an Affiliate of NARC II or NMAC shall be issued as Definitive Notes and the minimum amounts holder of any such Retained Notes shall be subject to a Note Owner and a Noteholder for all purposes of this Indenture. Each Note shall be dated the restrictions set forth in Section 2.15. (e) date of its authentication. No Note shall be entitled to any benefit under this Indenture or be valid or obligatory for any purpose purpose, unless there appears on such Note a certificate of authentication substantially in the form provided for herein included in Exhibit A, as the case may be, executed by the Indenture Trustee by the manual or facsimile signature of one of its authorized signatories, and such certificate upon any Note shall be conclusive evidence, and the only evidence, that such Note has been duly authenticated and delivered hereunder.

Execution, Authentication and Delivery. (a) The Notes shall be executed on behalf of the Issuer by any of its Authorized Officers. The signatures signature of any such Authorized Officer of the Issuer on the Notes may be manual or facsimile. (b) . Notes bearing the manual or facsimile signature of individuals who were at any time Authorized Officers of the Issuer shall bind the Issuer, notwithstanding whether any that such individuals or any of them have ceased to hold such offices prior to the authentication and delivery of such Notes or did not hold such offices on such at the date of authentication or date of delivery. (c) such Notes. The Indenture Trustee shall, shall upon Issuer Order, Order authenticate and deliver the Class A-1 Notes for original issue in an aggregate principal amount of $277,000,000220,000,000, the Class A-2a Notes for original issue in an aggregate principal amount of $412,000,000210,000,000, the Class A-2b Notes for original issue in an aggregate principal amount of $100,000,000175,000,000, the Class A-3 Notes for original issue in an aggregate principal amount of $493,900,000305,000,000, and the Class A-4 Notes for original issue in an aggregate principal amount of $107,910,000 the Class B Notes for original issue in an 90,000,000. The aggregate principal amount of $42,170,000, the Class C Notes for original issue in an aggregate principal amount of $39,910,000 and the Class D Notes for original issue in an aggregate principal amount of $27,110,000. The aggregate principal amounts of Class A-1 Notes, the Class A-2a A-2 Notes, Class A-2b Notes, the Class A-3 Notes, Notes and the Class A-4 Notes, Class B Notes, Class C Notes and Class D Notes outstanding at any time may not exceed those such respective amounts except as provided in Section 2.6. (d) Each Note shall be dated the date of its authentication2.05. The Notes shall be issuable as registered Notes in minimum denominations of $5,000 25,000 and in any integral multiples multiple of $1,000 in excess thereof; provided, provided that the minimum amounts of any Retained Notes shall be subject to issued as Definitive Notes and the restrictions set forth in Section 2.15. (e) holder of such Retained Notes shall be a Note Owner and a Noteholder for all purposes of this Indenture. Each Note shall be dated the date of its authentication. No Note shall be entitled to any benefit under this Indenture or be valid or obligatory for any purpose purpose, unless there appears on such Note a certificate of authentication substantially in the form provided for herein included in Exhibit A, as the case may be, executed by the Indenture Trustee by the manual or facsimile signature of one of its authorized signatories, and such certificate upon any Note shall be conclusive evidence, and the only evidence, that such Note has been duly authenticated and delivered hereunder.. 3 (NAROT 2016-A Indenture)

Execution, Authentication and Delivery. (a) The Notes shall be executed on behalf of the Issuer by any of its Authorized Officers. The signatures signature of any such Authorized Officer of the Issuer on the Notes may be manual or facsimile. (b) . Notes bearing the manual or facsimile signature of individuals who were at any time Authorized Officers of the Issuer shall bind the Issuer, notwithstanding whether any that such individuals or any of them have ceased to hold such offices prior to the authentication and delivery of such Notes or did not hold such offices on such at the date of authentication or date of delivery. (c) such Notes. The Indenture Trustee shall, shall upon Issuer Order, Order authenticate and deliver the Class A-1 Notes for original issue in an aggregate principal amount of $277,000,000305,000,000, the Class A-2a Notes for original issue in an aggregate principal amount of $412,000,000135,000,000, the Class A-2b Notes for original issue in an aggregate principal amount of $100,000,000315,000,000, the Class A-3 Notes for original issue in an aggregate principal amount of $493,900,000, 400,000,000 and the Class A-4 Notes for original issue in an aggregate principal amount of $107,910,000 the Class B Notes for original issue in an 95,000,000. The aggregate principal amount of $42,170,000, the Class C Notes for original issue in an aggregate principal amount of $39,910,000 and the Class D Notes for original issue in an aggregate principal amount of $27,110,000. The aggregate principal amounts of Class A-1 Notes, the Class A-2a A-2 Notes, Class A-2b Notes, the Class A-3 Notes, Notes and the Class A-4 Notes, Class B Notes, Class C Notes and Class D Notes outstanding at any time may not exceed those such respective amounts except as provided in Section 2.6. (d) Each Note shall be dated the date of its authentication2.05. The Notes shall be issuable as registered Notes in minimum denominations of $5,000 1,000 and in any integral multiples multiple of $1,000 in excess thereof; provided, provided that the minimum amounts of any Retained Notes shall be subject to issued as Definitive Notes and the restrictions set forth in Section 2.15. (e) holder of such Retained Notes shall be a Note Owner and a Noteholder for all purposes of this Indenture. Each Note shall be dated the date of its authentication. No Note shall be entitled to any benefit under this Indenture or be valid or obligatory for any purpose purpose, unless there appears on such Note a certificate of authentication substantially in the form provided for herein included in Exhibit A, as the case may be, executed by the Indenture Trustee by the manual or facsimile signature of one of its authorized signatories, and such certificate upon any Note shall be conclusive evidence, and the only evidence, that such Note has been duly authenticated and delivered hereunder.

Execution, Authentication and Delivery. (a) The Notes shall be executed on behalf of the Issuer by any of its Authorized Officers. The signatures signature of any such Authorized Officer of the Issuer on the Notes may be manual or facsimile. (b) . Notes bearing the manual or facsimile signature of individuals who were at any time Authorized Officers of the Issuer shall bind the Issuer, notwithstanding whether any that such individuals or any of them have ceased to hold such offices prior to the authentication and delivery of such Notes or did not hold such offices on such at the date of authentication or date of delivery. (c) such Notes. The Indenture Trustee shall, shall upon Issuer Order, Order authenticate and deliver the Class A-1 Notes for original issue the Notes in an the following aggregate principal amount amounts: (i) $355,000,000 of Class A-1 Notes, (ii) $277,000,000493,000,000 of Class A-2 Notes, the Class A-2a Notes for original issue in an aggregate principal amount (iii) $463,100,000 of $412,000,000, the Class A-2b Notes for original issue in an aggregate principal amount of $100,000,000, the Class A-3 Notes for original issue in an aggregate principal amount and (iv) $77,900,000 of $493,900,000, the Class A-4 Notes for original issue in an aggregate principal amount of $107,910,000 the Class B Notes for original issue in an aggregate principal amount of $42,170,000, the Class C Notes for original issue in an aggregate principal amount of $39,910,000 and the Class D Notes for original issue in an aggregate principal amount of $27,110,000Notes. The aggregate principal amounts amount of Class A-1 Notes, Class A-2a Notes, Class A-2b A-2 Notes, Class A-3 Notes, Class A-4 Notes, Class B Notes, Class C Notes and Class D A-4 Notes outstanding at any time may not exceed those such respective amounts except as provided in Section 2.6. (d) 2.06. Each Note shall be dated the date of its authentication. The Notes shall be issuable as registered Notes notes in book-entry form in minimum denominations of $5,000 1,000 and in integral multiples of $1,000 in excess thereof; provided, however, that on the minimum amounts 2023-A Closing Date, one Class A-1 Note, one Class A-2 Note, one Class A-3 Note and one Class A-4 Note may be issued in a denomination that includes any remaining portion of any Retained Notes shall be subject to the restrictions set forth in Section 2.15. (e) Initial Class A-1 Note Balance, the Initial Class A-2 Note Balance, the Initial A-3 Note Balance and the Initial Class A-4 Note Balance, respectively. No Note shall be entitled to any benefit under this Indenture or be valid or obligatory for any purpose purpose, unless there appears on such Note a certificate of authentication substantially in the form provided for herein executed by the Indenture Trustee by the manual signature of one of its authorized signatories, and such certificate upon any Note shall be conclusive evidence, and the only evidence, that such Note has been duly authenticated and delivered hereunder.

Execution, Authentication and Delivery. (a) The Notes shall be executed on behalf of the Issuer Issuing Entity by any of its Authorized Officers. The signatures signature of any such Authorized Officer of the Issuer on the Notes may be manual or facsimile. (b) . Notes bearing the manual or facsimile signature of individuals who were at any time Authorized Officers of the Issuer Issuing Entity shall bind the IssuerIssuing Entity, notwithstanding whether any that such individuals or any of them have ceased to hold such offices prior to the authentication and delivery of such Notes or did not hold such offices on such at the date of authentication or date of delivery. (c) such Notes. The Indenture Trustee shall, shall upon Issuer Order, receipt of an Issuing Entity Order authenticate and deliver the Class A-1 Notes for original issue in an aggregate principal amount of $277,000,000266,500,000, the Class A-2a Notes for original issue in an aggregate principal amount of $412,000,000291,000,000, the Class A-2b Notes for original issue in an aggregate principal amount of $100,000,000125,000,000, the Class A-3 Notes for original issue in an aggregate principal amount of $493,900,000416,000,000, the Class A-4 Notes for original issue in an aggregate principal amount of $107,910,000 the 82,710,000, Class B Notes for original issue in an aggregate principal amount of $42,170,000, the 37,110,000 and Class C Notes for original issue in an aggregate principal amount of $39,910,000 and the Class D Notes for original issue in an aggregate principal amount of $27,110,00018,550,000. The aggregate principal amounts amount of Class A-1 Notes, Class A-2a Notes, Class A-2b Notes, Class A-3 Notes, Class A-4 Notes, Class B Notes, Class C Notes and Class D C Notes outstanding at any time may not exceed those such respective amounts except as provided in Section 2.6. (d) 2.06. Each Note shall be dated the date of its authentication. The Notes shall be issuable as registered Notes in the minimum denominations denomination of $5,000 1,000 and in integral multiples of $1,000 in excess thereof; provided, that the minimum amounts of any Retained Notes shall be subject to the restrictions set forth in Section 2.15. (e) . No Note shall be entitled to any benefit under this Indenture or be valid or obligatory for any purpose unless there appears on such Note a certificate of authentication substantially in the form provided for herein executed by the Indenture Trustee by the manual or electronic signature of one of its authorized signatories, and such certificate upon any Note shall be conclusive evidence, and the only evidence, that such Note has been duly authenticated and delivered hereunder.

Execution, Authentication and Delivery. (a) The Notes shall be executed on behalf of the Issuer Issuing Entity by any of its Authorized Officers. The signatures signature of any such Authorized Officer of the Issuer on the Notes may be manual or facsimile. (b) . Notes bearing the manual or facsimile signature of individuals who were at any time Authorized Officers of the Issuer Issuing Entity shall bind the IssuerIssuing Entity, notwithstanding whether any that such individuals or any of them have ceased to hold such offices prior to the authentication and delivery of such Notes or did not hold such offices on such at the date of authentication or date of delivery. (c) such Notes. The Indenture Trustee shall, Securities Administrator shall upon Issuer Order, Request authenticate and deliver the each Class A-1 of Notes for original issue in an aggregate initial principal amount equal to the Initial Note Principal Balance or Initial Notional Amount, as applicable, for such Class of $277,000,000, Notes. Each of the Class A-2a Notes for original issue in an aggregate principal amount of $412,000,000, the Class A-2b Notes for original issue in an aggregate principal amount of $100,000,000, the Class A-3 Notes for original issue in an aggregate principal amount of $493,900,000, the Class A-4 Notes for original issue in an aggregate principal amount of $107,910,000 the Class B Notes for original issue in an aggregate principal amount of $42,170,000, the Class C Notes for original issue in an aggregate principal amount of $39,910,000 and the Class D Notes for original issue in an aggregate principal amount of $27,110,000. The aggregate principal amounts of Class A-1 Notes, Class A-2a Notes, Class A-2b Notes, Class A-3 Notes, Class A-4 Notes, Class B Notes, Class C Notes and Class D Notes outstanding at any time may not exceed those respective amounts except as provided in Section 2.6. (d) Each Note shall be dated the date of its authentication. The Class A-1, Class A-2, Class A-3 and Class A-4 Notes shall be issuable as registered Notes in book-entry form and the Notes shall be issuable in the minimum denominations initial Note Principal Balances of $5,000 100,000 and in integral multiples of $1,000 1 in excess thereof; provided, that the minimum amounts of any Retained . The Class X Notes shall be subject to issuable as registered Notes in physical form and the restrictions set forth Notes shall be issuable in Section 2.15. (e) the minimum initial Notional Amount of $100,000 and in integral multiples of $1 in excess thereof. The Class B-1, Class B-2, Class B-3, Class B-4, Class B-5 and Class B-6 Notes shall be issuable as registered Notes in physical form and the Notes shall be issuable in the minimum initial Note Principal Balances or Notional Amounts, as applicable, of $100,000 and in integral multiples of $1 in excess thereof. No Note shall be entitled to any benefit under this Indenture or be valid or obligatory for any purpose purpose, unless there appears on such Note a certificate of authentication substantially in the form provided for herein executed by the Indenture Trustee Securities Administrator by the manual signature of one of its authorized signatories, and such certificate upon any Note shall be conclusive evidence, and the only evidence, that such Note has been duly authenticated and delivered hereunder.

Execution, Authentication and Delivery. (a) The Notes shall be executed on behalf of the Issuer by any of its Authorized Officers. The signatures signature of any such Authorized Officer of the Issuer on the Notes may be manual or facsimile. (b) . Notes bearing the manual or facsimile signature of individuals who were at any time Authorized Officers of the Issuer shall bind the Issuer, notwithstanding whether any that such individuals or any of them have ceased to hold such offices prior to the authentication and delivery of such Notes or did not hold such offices on such at the date of authentication or date of delivery. (c) such Notes. The Indenture Trustee shall, shall upon Issuer Order, Order authenticate and deliver the Class A-1 A‑1 Notes for original issue in an aggregate principal amount of $277,000,000390,000,000, the Class A-2a A‑2a Notes for original issue in an aggregate principal amount of $412,000,000367,000,000, the Class A-2b Notes for original issue in an aggregate principal amount of $100,000,000220,634,000, the Class A-3 Notes for original issue in an aggregate principal amount of $493,900,000454,000,000, the Class A-4 Notes for original issue in an aggregate principal amount of $107,910,000 128,366,000 and the Class B Notes for original issue in an aggregate principal amount of $42,170,000, the Class C Notes for original issue in an 40,000,000. The aggregate principal amount of $39,910,000 and the Class D Notes for original issue in an aggregate principal amount of $27,110,000. The aggregate principal amounts of Class A-1 A‑1 Notes, the Class A-2a A‑2a Notes, the Class A-2b Notes, the Class A-3 Notes, the Class A-4 Notes, Notes and the Class B Notes, Class C Notes and Class D Notes outstanding at any time may not exceed those such respective amounts except as provided in Section 2.6. (d) Each Note shall be dated the date of its authentication2.05. The Notes shall be issuable as registered Notes in minimum denominations of $5,000 1,000 and in integral multiples of $1,000 in excess thereof; provided, that the minimum amounts of any Retained Notes . Each Note shall be subject to dated the restrictions set forth in Section 2.15. (e) date of its authentication. No Note shall be entitled to any benefit under this Indenture or be valid or obligatory for any purpose purpose, unless there appears on such Note a certificate of authentication substantially in the form provided for herein included in Exhibit ▇-▇, ▇▇▇▇▇▇▇ ▇-▇ or Exhibit A-3, as applicable, executed by the Indenture Trustee by the manual or facsimile signature of one of its authorized signatories, and such certificate upon any Note shall be conclusive evidence, and the only evidence, that such Note has been duly authenticated and delivered hereunder.

Execution, Authentication and Delivery. (a) The Notes shall be executed on behalf of the Issuer by any of its Authorized Officers. The signatures signature of any such Authorized Officer of the Issuer on the Notes may be manual or facsimile. (b) . Notes bearing the manual or facsimile signature of individuals who were at any time Authorized Officers of the Issuer shall bind the Issuer, notwithstanding whether any that such individuals or any of them have ceased to hold such offices prior to the authentication and delivery of such Notes or did not hold such offices on such at the date of authentication or date of delivery. (c) such Notes. The Indenture Trustee shall, shall upon Issuer Order, Order authenticate and deliver the Class A-1 Notes for original issue in an aggregate principal amount of $277,000,000265,000,000, the Class A-2a A-2 Notes for original issue in an aggregate principal amount of $412,000,000437,000,000, the Class A-2b Notes for original issue in an aggregate principal amount of $100,000,000, the Class A-3 Notes for original issue in an aggregate principal amount of $493,900,000437,000,000, the Class A-4 Notes for original issue in an aggregate principal amount of $107,910,000 the 133,100,000, Class B Notes for original issue in an aggregate principal amount of $42,170,00024,700,000, the and Class C Notes for original issue in an aggregate principal amount of $39,910,000 and the Class D Notes for original issue in an aggregate principal amount of $27,110,00041,170,000. The aggregate principal amounts amount of Class A-1 Notes, Class A-2a Notes, Class A-2b A-2 Notes, Class A-3 Notes, Class A-4 Notes, Class B Notes, Class C Notes and Class D C Notes outstanding at any time may not exceed those such respective amounts except as provided in Section 2.6. (d) Each Note shall be dated the date of its authentication2.06. The Notes shall be issuable as registered Notes in minimum denominations of $5,000 1,000 and in integral multiples of $1,000 in excess thereof; provided, that the minimum amounts thereof (except for one Note of any Retained Notes shall each class which may be subject to the restrictions set forth issued in Section 2.15. (e) a denomination other than an integral multiple of $1,000). No Note shall be entitled to any benefit under this Indenture or be valid or obligatory for any purpose purpose, unless there appears on such Note a certificate of authentication substantially in the form provided for herein executed by the Indenture Trustee by the manual or facsimile signature of one of its authorized signatories, and such certificate upon any Note shall be conclusive evidence, and the only evidence, that such Note has been duly authenticated and delivered hereunder.

Execution, Authentication and Delivery. (a) The Notes shall be executed on behalf of the Issuer Issuing Entity by any of its Authorized Officers. The signatures signature of any such Authorized Officer of the Issuer on the Notes may be manual or facsimile. (b) . Notes bearing the manual or facsimile signature of individuals who were at any time Authorized Officers of the Issuer Issuing Entity shall bind the IssuerIssuing Entity, notwithstanding whether any that such individuals or any of them have ceased to hold such offices prior to the authentication and delivery of such Notes or did not hold such offices on such at the date of authentication or date of delivery. (c) such Notes. The Indenture Trustee shall, shall upon Issuer Order, receipt of an Issuing Entity Order authenticate and deliver the Class A-1 Notes for original issue in an aggregate principal amount of $277,000,000161,000,000, the Class A-2a A-2 Notes for original issue in an aggregate principal amount of $412,000,000272,800,000, the Class A-2b Notes for original issue in an aggregate principal amount of $100,000,000, the Class A-3 Notes for original issue in an aggregate principal amount of $493,900,000272,800,000, the Class A-4 Notes for original issue in an aggregate principal amount of $107,910,000 the 71,720,000 and Class B Notes for original issue in an aggregate principal amount of $42,170,000, the Class C Notes for original issue in an aggregate principal amount of $39,910,000 and the Class D Notes for original issue in an aggregate principal amount of $27,110,00024,520,000. The aggregate principal amounts amount of Class A-1 Notes, Class A-2a Notes, Class A-2b A-2 Notes, Class A-3 Notes, Class A-4 Notes, Class B Notes, Class C Notes and Class D B Notes outstanding at any time may not exceed those such respective amounts except as provided in Section 2.6. (d) 2.06. Each Note shall be dated the date of its authentication. The Notes shall be issuable as registered Notes in the minimum denominations denomination of $5,000 1,000 and in integral multiples of $1,000 in excess thereof; provided, that the minimum amounts of any Retained Notes shall be subject to the restrictions set forth in Section 2.15. (e) 2.04. No Note shall be entitled to any benefit under this Indenture or be valid or obligatory for any purpose unless there appears on such Note a certificate of authentication substantially in the form provided for herein executed by the Indenture Trustee by the manual signature of one of its authorized signatories, and such certificate upon any Note shall be conclusive evidence, and the only evidence, that such Note has been duly authenticated and delivered hereunder.

Execution, Authentication and Delivery. (a) The Notes shall be executed on behalf of the Issuer by any of its Authorized Officers. The signatures signature of any such Authorized Officer of the Issuer on the Notes may be manual or facsimile. (b) . Notes bearing the manual or facsimile signature of individuals who were at any time Authorized Officers of the Issuer shall bind the Issuer, notwithstanding whether any that such individuals or any of them have ceased to hold such offices prior to the authentication and delivery of such Notes or did not hold such offices on such at the date of authentication or date of delivery. (c) such Notes. The Indenture Trustee shall, shall upon Issuer Order, Order authenticate and deliver the Class A-1 Notes for original issue the Notes in an the following aggregate principal amount amounts: (i) $220,000,000 of Class A-1 Notes, (ii) $277,000,000407,000,000 of Class A-2 Notes, the Class A-2a Notes for original issue in an aggregate principal amount (iii) $315,000,000 of $412,000,000, the Class A-2b Notes for original issue in an aggregate principal amount of $100,000,000, the Class A-3 Notes for original issue in an aggregate principal amount and (iv) $95,160,000 of $493,900,000, the Class A-4 Notes for original issue in an aggregate principal amount of $107,910,000 the Class B Notes for original issue in an aggregate principal amount of $42,170,000, the Class C Notes for original issue in an aggregate principal amount of $39,910,000 and the Class D Notes for original issue in an aggregate principal amount of $27,110,000Notes. The aggregate principal amounts amount of Class A-1 Notes, Class A-2a Notes, Class A-2b A-2 Notes, Class A-3 Notes, Class A-4 Notes, Class B Notes, Class C Notes and Class D A-4 Notes outstanding at any time may not exceed those such respective amounts except as provided in Section 2.6. (d) 2.06. Each Note shall be dated the date of its authentication. The Notes shall be issuable as registered Notes notes in book-entry form in minimum denominations of $5,000 1,000 and in integral multiples of $1,000 in excess thereof; provided, however, that on the minimum amounts 2016-B Closing Date, one Class A-1 Note, one Class A-2 Note, one Class A-3 Note and one Class A-4 Note may be issued in a denomination that includes any remaining portion of any Retained Notes shall be subject to the restrictions set forth in Section 2.15. (e) Initial Class A-1 Note Balance, the Initial Class A-2 Note Balance, the Initial A-3 Note Balance and the Initial Class A-4 Note Balance, respectively. No Note shall be entitled to any benefit under this Indenture or be valid or obligatory for any purpose purpose, unless there appears on such Note a certificate of authentication substantially in the form provided for herein executed by the Indenture Trustee by the manual signature of one of its authorized signatories, and such certificate upon any Note shall be conclusive evidence, and the only evidence, that such Note has been duly authenticated and delivered hereunder.

Execution, Authentication and Delivery. (a) The Notes shall be executed on behalf of the Issuer by any of its Authorized Officers. The signatures signature of any such Authorized Officer of the Issuer on the Notes may be manual or facsimile. (b) . Notes bearing the manual or facsimile signature of individuals who were at any time Authorized Officers of the Issuer shall bind the Issuer, notwithstanding whether any that such individuals or any of them have ceased to hold such offices prior to the authentication and delivery of such Notes or did not hold such offices on such at the date of authentication or date of delivery. (c) such Notes. The Indenture Trustee shall, shall upon Issuer Order, Order authenticate and deliver the Class A-1 Notes for original issue the Notes in an the following aggregate principal amount amounts: (i) $234,000,000 of Class A-1 Notes, (ii) $277,000,000345,000,000 of Class A-2 Notes, the Class A-2a Notes for original issue in an aggregate principal amount (iii) $365,000,000 of $412,000,000, the Class A-2b Notes for original issue in an aggregate principal amount of $100,000,000, the Class A-3 Notes for original issue in an aggregate principal amount and (iv) $90,020,000 of $493,900,000, the Class A-4 Notes for original issue in an aggregate principal amount of $107,910,000 the Class B Notes for original issue in an aggregate principal amount of $42,170,000, the Class C Notes for original issue in an aggregate principal amount of $39,910,000 and the Class D Notes for original issue in an aggregate principal amount of $27,110,000Notes. The aggregate principal amounts amount of Class A-1 Notes, Class A-2a Notes, Class A-2b A-2 Notes, Class A-3 Notes, Class A-4 Notes, Class B Notes, Class C Notes and Class D A-4 Notes outstanding at any time may not exceed those such respective amounts except as provided in Section 2.6. (d) 2.06. Each Note shall be dated the date of its authentication. The Notes shall be issuable as registered Notes notes in book-entry form in minimum denominations of $5,000 1,000 and in integral multiples of $1,000 in excess thereof; provided, however, that on the minimum amounts 2018-B Closing Date, one Class A-1 Note, one Class A-2 Note, one Class A-3 Note and one Class A-4 Note may be issued in a denomination that includes any remaining portion of any Retained Notes shall be subject to the restrictions set forth in Section 2.15. (e) Initial Class A-1 Note Balance, the Initial Class A-2 Note Balance, the Initial A-3 Note Balance and the Initial Class A-4 Note Balance, respectively. No Note shall be entitled to any benefit under this Indenture or be valid or obligatory for any purpose purpose, unless there appears on such Note a certificate of authentication substantially in the form provided for herein executed by the Indenture Trustee by the manual signature of one of its authorized signatories, and such certificate upon any Note shall be conclusive evidence, and the only evidence, that such Note has been duly authenticated and delivered hereunder.

Execution, Authentication and Delivery. (a) The Notes shall be executed on behalf of the Issuer by any of its Authorized Officers. The signatures of any such Authorized Officer of the Issuer on the Notes may be manual or facsimile. (b) Notes bearing the manual or facsimile signature of individuals who were at any time Authorized Officers of the Issuer shall bind the Issuer, notwithstanding whether any such individuals have ceased to hold such offices prior to the authentication and delivery of such Notes or did not hold such offices on such date of authentication or date of delivery. (c) The Indenture Trustee shall, upon Issuer Order, authenticate and deliver the Class A-1 Notes for original issue in an aggregate principal amount of $277,000,000231,000,000, the Class A-2a A-2 Notes for original issue in an aggregate principal amount of $412,000,000, the Class A-2b Notes for original issue in an aggregate principal amount of $100,000,000548,000,000, the Class A-3 Notes for original issue in an aggregate principal amount of $493,900,000485,000,000, the Class A-4 Notes for original issue in an aggregate principal amount of $107,910,000 125,310,000, the Class B Notes for original issue in an aggregate principal amount of $42,170,00048,190,000, the Class C Notes for original issue in an aggregate principal amount of $39,910,000 38,400,000 and the Class D Notes for original issue in an aggregate principal amount of $27,110,00024,100,000. The aggregate principal amounts of Class A-1 Notes, Class A-2a Notes, Class A-2b A-2 Notes, Class A-3 Notes, Class A-4 Notes, Class B Notes, Class C Notes and Class D Notes outstanding at any time may not exceed those respective amounts except as provided in Section 2.6. (d) Each Note shall be dated the date of its authentication. The Notes shall be issuable as registered Notes in minimum denominations of $5,000 and in integral multiples of $1,000 in excess thereof; provided, that the minimum amounts of any Retained Notes shall be subject to the restrictions set forth in Section 2.15. (e) No Note shall be entitled to any benefit under this Indenture or be valid or obligatory for any purpose unless there appears on such Note a certificate of authentication substantially in the form provided for herein executed by the Indenture Trustee by the manual signature of one of its authorized signatories, and such certificate upon any Note shall be conclusive evidence, and the only evidence, that such Note has been duly authenticated and delivered hereunder.

Execution, Authentication and Delivery. (a) The Notes shall be executed on behalf of the Issuer by any of its Authorized Officers. The signatures signature of any such Authorized Officer of the Issuer on the Notes may be manual or facsimile. (b) . Notes bearing the manual or facsimile signature of individuals who were at any time Authorized Officers of the Issuer shall bind the Issuer, notwithstanding whether any that such individuals or any of them have ceased to hold such offices prior to the authentication and delivery of such Notes or did not hold such offices on such at the date of authentication or date of delivery. (c) such Notes. The Indenture Trustee shall, shall upon Issuer Order, Request authenticate and deliver the Class A-1 A Notes, the Mezzanine Notes, the Class B-1 Notes and the Class B-2 Notes for original issue in an aggregate initial principal amount of $277,000,000173,000,000. The Class A-1 Notes shall be issued in an aggregate initial Note Balance of $49,000,000, the Class A-2a A-2 Notes for original issue shall be issued in an aggregate principal amount initial Note Balance of $412,000,000, the Class A-2b Notes for original issue in an aggregate principal amount of $100,000,00042,300,000, the Class A-3 Notes for original issue shall be issued in an aggregate principal amount initial Note Balance of $493,900,00016,100,000, the Class A-4 Notes for original issue shall be issued in an aggregate principal amount initial Note Balance of $107,910,000 21,600,000, the Class B M-1 Notes for original issue shall be issued in an aggregate principal amount initial Note Balance of $42,170,00019,000,000, the Class C M-2 Notes for original issue shall be issued in an aggregate principal amount initial Note Balance of $39,910,000 11,000,000, the Class B-1 Notes shall be issued in an aggregate initial Note Balance of $10,000,000, and the Class D B-2 Notes for original issue shall be issued in an aggregate principal amount initial Note Balance of $27,110,0004,000,000. The aggregate principal amounts Each of Class A-1 Notes, Class A-2a Notes, Class A-2b Notes, Class A-3 Notes, Class A-4 Notes, Class B Notes, Class C the Notes and Class D Notes outstanding at any time may not exceed those respective amounts except as provided in Section 2.6. (d) Each Note shall be dated the date of its authentication. The Notes shall be issuable as registered Notes and the Notes shall be issuable in the minimum denominations initial Note Balances of $5,000 25,000 and in integral multiples of $1,000 1 in excess thereof; provided, that the minimum amounts of any Retained Notes shall be subject to the restrictions set forth in Section 2.15. (e) . No Note shall be entitled to any benefit under this Indenture or be valid or obligatory for any purpose purpose, unless there appears on such Note a certificate of authentication substantially in the form provided for herein executed by the Indenture Trustee by the manual signature of one of its authorized signatories, and such certificate upon any Note shall be conclusive evidence, and the only evidence, that such Note has been duly authenticated and delivered hereunder.

Execution, Authentication and Delivery. (a) The Notes shall be executed on behalf of the Issuer by any of its Authorized Officers. The signatures signature of any such Authorized Officer of the Issuer on the Notes may be manual or facsimile. (b) . Notes bearing the manual or facsimile signature of individuals who were at any time Authorized Officers of the Issuer shall bind the Issuer, notwithstanding whether any that such individuals or any of them have ceased to hold such offices prior to the authentication and delivery of such Notes or did not hold such offices on such at the date of authentication or date of delivery. (c) such Notes. The Indenture Trustee shall, shall upon Issuer Order, Order authenticate and deliver the Class A-1 A‑1 Notes for original issue in an aggregate principal amount of $277,000,000354,000,000, the Class A-2a A‑2a Notes for original issue in an aggregate principal amount of $412,000,000261,000,000, the Class A-2b Notes for original issue in an aggregate principal amount of $100,000,000111,000,000, the Class A-3 Notes for original issue in an aggregate principal amount of $493,900,000396,000,000, the Class A-4 Notes for original issue in an aggregate principal amount of $107,910,000 96,750,000 and the Class B Notes for original issue in an aggregate principal amount of $42,170,000, the Class C Notes for original issue in an 31,250,000. The aggregate principal amount of $39,910,000 and the Class D Notes for original issue in an aggregate principal amount of $27,110,000. The aggregate principal amounts of Class A-1 A‑1 Notes, the Class A-2a A‑2a Notes, the Class A-2b Notes, the Class A-3 Notes, the Class A-4 Notes, Notes and the Class B Notes, Class C Notes and Class D Notes outstanding at any time may not exceed those such respective amounts except as provided in Section 2.6. (d) Each Note shall be dated the date of its authentication2.05. The Notes shall be issuable as registered Notes in minimum denominations of $5,000 1,000 and in integral multiples of $1,000 in excess thereof; provided, that the minimum amounts of any Retained Notes . Each Note shall be subject to dated the restrictions set forth in Section 2.15. (e) date of its authentication. No Note shall be entitled to any benefit under this Indenture or be valid or obligatory for any purpose purpose, unless there appears on such Note a certificate of authentication substantially in the form provided for herein included in Exhibit ▇-▇, ▇▇▇▇▇▇▇ ▇-▇ or Exhibit A-3, as applicable, executed by the Indenture Trustee by the manual or facsimile signature of one of its authorized signatories, and such certificate upon any Note shall be conclusive evidence, and the only evidence, that such Note has been duly authenticated and delivered hereunder.

Execution, Authentication and Delivery. (a) The Notes shall be executed on behalf of the Issuer by any of its Authorized Officers. The signatures of any such Authorized Officer of the Issuer on the Notes may be manual or facsimile. (b) Notes bearing the manual or facsimile signature of individuals who were at any time Authorized Officers of the Issuer shall bind the Issuer, notwithstanding whether any such individuals have ceased to hold such offices prior to the authentication and delivery of such Notes or did not hold such offices on such date of authentication or date of delivery. (c) The Indenture Trustee shall, upon Issuer Order, authenticate and deliver the Class A-1 Notes for original issue in an aggregate principal amount of $277,000,000169,000,000, the Class A-2a A-2 Notes for original issue in an aggregate principal amount of $412,000,000, the Class A-2b Notes for original issue in an aggregate principal amount of $100,000,000338,000,000, the Class A-3 Notes for original issue in an aggregate principal amount of $493,900,000337,000,000, the Class A-4 Notes for original issue in an aggregate principal amount of $107,910,000 90,000,000, the Class B Notes for original issue in an aggregate principal amount of $42,170,00025,000,000, the Class C Notes for original issue in an aggregate principal amount of $39,910,000 24,000,000 and the Class D Notes for original issue in an aggregate principal amount of $27,110,00017,000,000. The aggregate principal amounts of Class A-1 Notes, Class A-2a Notes, Class A-2b A-2 Notes, Class A-3 Notes, Class A-4 Notes, Class B Notes, Class C Notes and Class D Notes outstanding at any time may not exceed those respective amounts except as provided in Section 2.6. (d) Each Note shall be dated the date of its authentication. The Notes shall be issuable as registered Notes in minimum denominations of $5,000 and in integral multiples of $1,000 in excess thereof; provided, that the minimum amounts of any Retained Notes shall be subject to the restrictions set forth in Section 2.15. (e) No Note shall be entitled to any benefit under this Indenture or be valid or obligatory for any purpose unless there appears on such Note a certificate of authentication substantially in the form provided for herein executed by the Indenture Trustee by the manual signature of one of its authorized signatories, and such certificate upon any Note shall be conclusive evidence, and the only evidence, that such Note has been duly authenticated and delivered hereunder.

Execution, Authentication and Delivery. (a) The Notes shall be executed on behalf of the Issuer by any of its Authorized Officers. The signatures of any such Authorized Officer of the Issuer on the Notes may be manual or facsimile. (b) Notes bearing the manual or facsimile signature of individuals who were at any time Authorized Officers of the Issuer shall bind the Issuer, notwithstanding whether any such individuals have ceased to hold such offices prior to the authentication and delivery of such Notes or did not hold such offices on such date of authentication or date of delivery. (c) The Indenture Trustee shall, upon Issuer Order, authenticate and deliver the Class A-1 Notes for original issue in an aggregate principal amount of $277,000,000255,700,000, the Class A-2a Notes for original issue in an aggregate principal amount of $412,000,000395,750,000, the Class A-2b Notes for original issue in an aggregate principal amount of $100,000,00075,000,000, the Class A-3 Notes for original issue in an aggregate principal amount of $493,900,000470,750,000, the Class A-4 Notes for original issue in an aggregate principal amount of $107,910,000 129,000,000, the Class B Notes for original issue in an aggregate principal amount of $42,170,00022,300,000, the Class C Notes for original issue in an aggregate principal amount of $39,910,000 32,200,000 and the Class D Notes for original issue in an aggregate principal amount of $27,110,00017,900,000. The aggregate principal amounts of Class A-1 Notes, Class A-2a Notes, Class A-2b Notes, Class A-3 Notes, Class A-4 Notes, Class B Notes, Class C Notes and Class D Notes outstanding at any time may not exceed those respective amounts except as provided in Section 2.6. (d) Each Note shall be dated the date of its authentication. The Notes shall be issuable as registered Notes in minimum denominations of $5,000 and in integral multiples of $1,000 in excess thereof; provided, that the minimum amounts of any Retained Notes shall be subject to the restrictions set forth in Section 2.15. (e) No Note shall be entitled to any benefit under this Indenture or be valid or obligatory for any purpose unless there appears on such Note a certificate of authentication substantially in the form provided for herein executed by the Indenture Trustee by the manual signature of one of its authorized signatories, and such certificate upon any Note shall be conclusive evidence, and the only evidence, that such Note has been duly authenticated and delivered hereunder.

Execution, Authentication and Delivery. (a) The Notes shall be executed on behalf of the Issuer by any of its Authorized Officers. The signatures signature of any such Authorized Officer of the Issuer on the Notes may be manual or facsimile. (b) . Notes bearing the manual or facsimile signature of individuals who were at any time Authorized Officers of the Issuer shall bind the Issuer, notwithstanding whether any that such individuals or any of them have ceased to hold such offices prior to the authentication and delivery of such Notes or did not hold such offices on such at the date of authentication or date of delivery. (c) such Notes. The Indenture Trustee shall, shall upon Issuer Order, Order authenticate and deliver the Class A-1 A‑1 Notes for original issue in an aggregate principal amount of $277,000,000305,000,000, the Class A-2a A‑2a Notes for original issue in an aggregate principal amount of $412,000,000405,026,000, the Class A-2b Notes for original issue in an aggregate principal amount of $100,000,000189,474,000, the Class A-3 Notes for original issue in an aggregate principal amount of $493,900,000527,500,000, the Class A-4 Notes for original issue in an aggregate principal amount of $107,910,000 133,000,000 and the Class B Notes for original issue in an aggregate principal amount of $42,170,000, the Class C Notes for original issue in an 40,000,000. The aggregate principal amount of $39,910,000 and the Class D Notes for original issue in an aggregate principal amount of $27,110,000. The aggregate principal amounts of Class A-1 A‑1 Notes, the Class A-2a Notes, the Class A-2b A‑2b Notes, the Class A-3 Notes, the Class A-4 Notes, Notes and the Class B Notes, Class C Notes and Class D Notes outstanding at any time may not exceed those such respective amounts except as provided in Section 2.6. (d) Each Note shall be dated the date of its authentication2.05. The Class A Notes shall be issuable as registered Notes in minimum denominations of $5,000 1,000 and in integral multiples of $1,000 in excess thereof; provided, that the minimum amounts of any Retained Notes . Each Note shall be subject to dated the restrictions set forth in Section 2.15. (e) date of its authentication. No Note shall be entitled to any benefit under this Indenture or be valid or obligatory for any purpose purpose, unless there appears on such Note a certificate of authentication substantially in the form provided for herein included in Exhibit A-1, Exhibit A-2 or Exhibit A-3, as applicable, executed by the Indenture Trustee by the manual or facsimile signature of one of its authorized signatories, and such certificate upon any Note shall be conclusive evidence, and the only evidence, that such Note has been duly authenticated and delivered hereunder.

Execution, Authentication and Delivery. (a) The Notes shall be executed on behalf of the Issuer by any of its Authorized Officers. The signatures signature of any such Authorized Officer of the Issuer on the Notes may be manual or facsimile. (b) . Notes bearing the manual or facsimile signature of individuals who were at any time Authorized Officers of the Issuer shall bind the Issuer, notwithstanding whether any that such individuals or any of them have ceased to hold such offices prior to the authentication and delivery of such Notes or did not hold such offices on such at the date of authentication or date of delivery. (c) such Notes. The Indenture Trustee shall, shall upon Issuer Order, Order authenticate and deliver the Class A-1 A‑1 Notes for original issue in an aggregate principal amount of $277,000,000352,000,000, the Class A-2a A‑2 Notes for original issue in an aggregate principal amount of $412,000,000, the Class A-2b Notes for original issue in an aggregate principal amount of $100,000,000528,000,000, the Class A-3 Notes for original issue in an aggregate principal amount of $493,900,000528,000,000, the Class A-4 Notes for original issue in an aggregate principal amount of $107,910,000 152,000,000 and the Class B Notes for original issue in an aggregate principal amount of $42,170,000, the Class C Notes for original issue in an 40,000,000. The aggregate principal amount of $39,910,000 and the Class D Notes for original issue in an aggregate principal amount of $27,110,000. The aggregate principal amounts of Class A-1 A‑1 Notes, the Class A-2a A‑2 Notes, Class A-2b Notes, the Class A-3 Notes, the Class A-4 Notes, Notes and the Class B Notes, Class C Notes and Class D Notes outstanding at any time may not exceed those such respective amounts except as provided in Section 2.6. (d) Each Note shall be dated the date of its authentication2.05. The Class A Notes shall be issuable as registered Notes in minimum denominations of $5,000 1,000 and in integral multiples of $1,000 in excess thereof; provided, that the minimum amounts of any Retained Notes . Each Note shall be subject to dated the restrictions set forth in Section 2.15. (e) date of its authentication. No Note shall be entitled to any benefit under this Indenture or be valid or obligatory for any purpose purpose, unless there appears on such Note a certificate of authentication substantially in the form provided for herein included in Exhibit ▇-▇, ▇▇▇▇▇▇▇ ▇-▇ or Exhibit A-3, as applicable, executed by the Indenture Trustee by the manual or facsimile signature of one of its authorized signatories, and such certificate upon any Note shall be conclusive evidence, and the only evidence, that such Note has been duly authenticated and delivered hereunder.

Execution, Authentication and Delivery. (a) The Notes shall be executed on behalf of the Issuer Issuing Entity by any of its Authorized Officers. The signatures signature of any such Authorized Officer of the Issuer on the Notes may be manual or facsimile. (b) . Notes bearing the manual or facsimile signature of individuals who were at any time Authorized Officers of the Issuer Issuing Entity shall bind the IssuerIssuing Entity, notwithstanding whether any that such individuals or any of them have ceased to hold such offices prior to the authentication and delivery of such Notes or did not hold such offices on such at the date of authentication or date of delivery. (c) such Notes. The Indenture Trustee shall, shall upon Issuer Order, receipt of an Issuing Entity Order authenticate and deliver the Class A-1 Notes for original issue in an aggregate principal amount of $277,000,000208,000,000, the Class A-2a A-2 Notes for original issue in an aggregate principal amount of $412,000,000340,000,000, the Class A-2b Notes for original issue in an aggregate principal amount of $100,000,000, the Class A-3 Notes for original issue in an aggregate principal amount of $493,900,000340,000,000, the Class A-4 Notes for original issue in an aggregate principal amount of $107,910,000 the 83,100,000 and Class B Notes for original issue in an aggregate principal amount of $42,170,000, the Class C Notes for original issue in an aggregate principal amount of $39,910,000 and the Class D Notes for original issue in an aggregate principal amount of $27,110,00030,580,000. The aggregate principal amounts amount of Class A-1 Notes, Class A-2a Notes, Class A-2b A-2 Notes, Class A-3 Notes, Class A-4 Notes, Class B Notes, Class C Notes and Class D B Notes outstanding at any time may not exceed those such respective amounts except as provided in Section 2.6. (d) 2.06. Each Note shall be dated the date of its authentication. The Notes shall be issuable as registered Notes in the minimum denominations denomination of $5,000 1,000 and in integral multiples of $1,000 in excess thereof; provided, that the minimum amounts of any Retained Notes shall be subject to the restrictions set forth in Section 2.15. (e) 2.04. No Note shall be entitled to any benefit under this Indenture or be valid or obligatory for any purpose unless there appears on such Note a certificate of authentication substantially in the form provided for herein executed by the Indenture Trustee by the manual signature of one of its authorized signatories, and such certificate upon any Note shall be conclusive evidence, and the only evidence, that such Note has been duly authenticated and delivered hereunder.

Execution, Authentication and Delivery. (a) The Notes shall be executed on behalf of the Issuer by any of its Authorized Officers. The signatures signature of any such Authorized Officer of the Issuer on the Notes may be manual or facsimile. (b) . Notes bearing the manual or facsimile signature of individuals who were at any time Authorized Officers of the Issuer shall bind the Issuer, notwithstanding whether any that such individuals or any of them have ceased to hold such offices prior to the authentication and delivery of such Notes or did not hold such offices on such at the date of authentication or date of delivery. (c) such Notes. The Indenture Trustee shall, shall upon Issuer Order, Order authenticate and deliver the Class A-1 Notes for original issue in an aggregate principal amount of $277,000,000200,000,000, the Class A-2a Notes for original issue in an aggregate principal amount of $412,000,000310,000,000, the Class A-2b Notes for original issue in an aggregate principal amount of $100,000,00050,000,000, the Class A-3 Notes for original issue in an aggregate principal amount of $493,900,000360,000,000, and the Class A-4 Notes for original issue in an aggregate principal amount of $107,910,000 the Class B Notes for original issue in an 80,000,000. The aggregate principal amount of $42,170,000, the Class C Notes for original issue in an aggregate principal amount of $39,910,000 and the Class D Notes for original issue in an aggregate principal amount of $27,110,000. The aggregate principal amounts of Class A-1 Notes, the Class A-2a A-2 Notes, Class A-2b Notes, the Class A-3 Notes, Notes and the Class A-4 Notes, Class B Notes, Class C Notes and Class D Notes outstanding at any time may not exceed those such respective amounts except as provided in Section 2.6. (d) Each Note shall be dated the date of its authentication2.05. The Notes shall be issuable as registered Notes in minimum denominations of $5,000 1,000 and in any integral multiples multiple of $1,000 in excess thereof; provided, provided that the minimum amounts of any Retained Notes shall be subject to issued as Definitive Notes and the restrictions set forth in Section 2.15. (e) holder of such Retained Notes shall be a Note Owner and a Noteholder for all purposes of this Indenture. Each Note shall be dated the date of its authentication. No Note shall be entitled to any benefit under this Indenture or be valid or obligatory for any purpose purpose, unless there appears on such Note a certificate of authentication substantially in the form provided for herein included in Exhibit A, as the case may be, executed by the Indenture Trustee by the manual or facsimile signature of one of its authorized signatories, and such certificate upon any Note shall be conclusive evidence, and the only evidence, that such Note has been duly authenticated and delivered hereunder.. 3 (NAROT 2018-C Indenture)

Execution, Authentication and Delivery. (a) The Notes shall be executed on behalf of the Issuer by any of its Authorized Officers. The signatures signature of any such Authorized Officer of the Issuer on the Notes may be manual or facsimile. (b) . Notes bearing the manual or facsimile signature of individuals who were at any time Authorized Officers of the Issuer shall bind the Issuer, notwithstanding whether any that such individuals or any of them have ceased to hold such offices prior to the authentication and delivery of such Notes or did not hold such offices on such at the date of authentication or date of delivery. (c) such Notes. The Indenture Trustee shall, shall upon Issuer Order, Order authenticate and deliver the Class A-1 Notes for original issue in an aggregate principal amount of $277,000,000439,980,000, the Class A-2a A-2-A Notes for original issue in an aggregate principal amount of $412,000,000473,990,000, the Class A-2b A-2-B Notes for original issue in an aggregate principal amount of $100,000,000300,000,000, the Class A-3 Notes for original issue in an aggregate principal amount of $493,900,000773,990,000, the Class A-4 Notes for original issue in an aggregate principal amount of $107,910,000 the 103,440,000, Class B Notes for original issue in an aggregate principal amount of $42,170,00040,610,000, the and Class C Notes for original issue in an aggregate principal amount of $39,910,000 and the Class D Notes for original issue in an aggregate principal amount of $27,110,00067,690,000. The aggregate principal amounts amount of Class A-1 Notes, Class A-2a A-2-A Notes, Class A-2b A-2-B Notes, Class A-3 Notes, Class A-4 Notes, Class B Notes, Class C Notes and Class D C Notes outstanding at any time may not exceed those such respective amounts except as provided in Section 2.6. (d) Each Note shall be dated the date of its authentication2.06. The Notes shall be issuable as registered Notes in minimum denominations of $5,000 1,000 and in integral multiples of $1,000 in excess thereof; provided, that the minimum amounts thereof (except for one Note of any Retained Notes shall each class which may be subject to the restrictions set forth issued in Section 2.15. (e) a denomination other than an integral multiple of $1,000). No Note shall be entitled to any benefit under this Indenture or be valid or obligatory for any purpose purpose, unless there appears on such Note a certificate of authentication substantially in the form provided for herein executed by the Indenture Trustee by the manual or facsimile signature of one of its authorized signatories, and such certificate upon any Note shall be conclusive evidence, and the only evidence, that such Note has been duly authenticated and delivered hereunder.

Execution, Authentication and Delivery. (a) The Notes shall be executed on behalf of the Issuer by any of its Authorized Officers. The signatures signature of any such Authorized Officer of the Issuer on the Notes may be manual or facsimile. (b) . Notes bearing the manual or facsimile signature of individuals who were at any time Authorized Officers of the Issuer shall bind the Issuer, notwithstanding whether any that such individuals or any of them have ceased to hold such offices prior to the authentication and delivery of such Notes or did not hold such offices on such at the date of authentication or date of delivery. (c) such Notes. The Indenture Trustee shall, shall upon Issuer Order, Order authenticate and deliver the Class A-1 A‑1 Notes for original issue in an aggregate principal amount of $277,000,000310,000,000, the Class A-2a A‑2a Notes for original issue in an aggregate principal amount of $412,000,000312,300,000, the Class A-2b Notes for original issue in an aggregate principal amount of $100,000,000312,300,000, the Class A-3 Notes for original issue in an aggregate principal amount of $493,900,000554,400,000, the Class A-4 Notes for original issue in an aggregate principal amount of $107,910,000 71,000,000 and the Class B Notes for original issue in an aggregate principal amount of $42,170,000, the Class C Notes for original issue in an 40,000,000. The aggregate principal amount of $39,910,000 and the Class D Notes for original issue in an aggregate principal amount of $27,110,000. The aggregate principal amounts of Class A-1 A‑1 Notes, the Class A-2a Notes, the Class A-2b A‑2b Notes, the Class A-3 Notes, the Class A-4 Notes, Notes and the Class B Notes, Class C Notes and Class D Notes outstanding at any time may not exceed those such respective amounts except as provided in Section 2.6. (d) Each Note shall be dated the date of its authentication2.05. The Class A Notes shall be issuable as registered Notes in minimum denominations of $5,000 1,000 and in integral multiples of $1,000 in excess thereof; provided, that the minimum amounts of any Retained Notes . Each Note shall be subject to dated the restrictions set forth in Section 2.15. (e) date of its authentication. No Note shall be entitled to any benefit under this Indenture or be valid or obligatory for any purpose purpose, unless there appears on such Note a certificate of authentication substantially in the form provided for herein included in Exhibit A-1, Exhibit A-2 or Exhibit A-3, as applicable, executed by the Indenture Trustee by the manual or facsimile signature of one of its authorized signatories, and such certificate upon any Note shall be conclusive evidence, and the only evidence, that such Note has been duly authenticated and delivered hereunder.

Execution, Authentication and Delivery. (a) The Notes shall be executed on behalf of the Issuer by any of its Authorized Officers. The signatures signature of any such Authorized Officer of the Issuer on the Notes may be manual or facsimile. (b) . Notes bearing the manual or facsimile signature of individuals who were at any time Authorized Officers of the Issuer shall bind the Issuer, notwithstanding whether any that such individuals or any of them have ceased to hold such offices prior to the authentication and delivery of such Notes or did not hold such offices on such at the date of authentication or date of delivery. (c) such Notes. The Indenture Trustee shall, shall upon Issuer Order, Order authenticate and deliver the Class A-1 Notes for original issue in an aggregate principal amount of $277,000,000293,000,000, the Class A-2a A-2-A Notes for original issue in an aggregate principal amount of $412,000,000352,420,000, the Class A-2b A-2-B Notes for original issue in an aggregate principal amount of $100,000,000275,000,000, the Class A-3 Notes for original issue in an aggregate principal amount of $493,900,000552,420,000, the Class A-4 Notes for original issue in an aggregate principal amount of $107,910,000 the 75,000,000, Class B Notes for original issue in an aggregate principal amount of $42,170,00030,060,000, the and Class C Notes for original issue in an aggregate principal amount of $39,910,000 and the Class D Notes for original issue in an aggregate principal amount of $27,110,00050,100,000. The aggregate principal amounts amount of Class A-1 Notes, Class A-2a A-2-A Notes, Class A-2b A-2-B Notes, Class A-3 Notes, Class A-4 Notes, Class B Notes, Class C Notes and Class D C Notes outstanding at any time may not exceed those such respective amounts except as provided in Section 2.6. (d) Each Note shall be dated the date of its authentication2.06. The Notes shall be issuable as registered Notes in minimum denominations of $5,000 1,000 and in integral multiples of $1,000 in excess thereof; provided, that the minimum amounts thereof (except for one Note of any Retained Notes shall each class which may be subject to the restrictions set forth issued in Section 2.15. (e) a denomination other than an integral multiple of $1,000). No Note shall be entitled to any benefit under this Indenture or be valid or obligatory for any purpose purpose, unless there appears on such Note a certificate of authentication substantially in the form provided for herein executed by the Indenture Trustee by the manual or facsimile signature of one of its authorized signatories, and such certificate upon any Note shall be conclusive evidence, and the only evidence, that such Note has been duly authenticated and delivered hereunder.

Execution, Authentication and Delivery. (a) The Notes shall be executed on behalf of the Issuer by any of its Authorized Officers. The signatures of any such Authorized Officer of the Issuer on the Notes may be manual or facsimile. (b) Notes bearing the manual or facsimile signature of individuals who were at any time Authorized Officers of the Issuer shall bind the Issuer, notwithstanding whether any such individuals have ceased to hold such offices prior to the authentication and delivery of such Notes or did not hold such offices on such date of authentication or date of delivery. (c) The Indenture Trustee shall, upon Issuer Order, authenticate and deliver the Class A-1 Notes for original issue in an aggregate principal amount of $277,000,000280,000,000, the Class A-2a Notes for original issue in an aggregate principal amount of $412,000,000375,000,000, the Class A-2b Notes for original issue in an aggregate principal amount of $100,000,00075,000,000, the Class A-3 Notes for original issue in an aggregate principal amount of $493,900,000427,000,000, the Class A-4 Notes for original issue in an aggregate principal amount of $107,910,000 117,000,000, the Class B Notes for original issue in an aggregate principal amount of $42,170,00039,000,000, the Class C Notes for original issue in an aggregate principal amount of $39,910,000 41,000,000 and the Class D Notes for original issue in an aggregate principal amount of $27,110,00021,000,000. The aggregate principal amounts of Class A-1 Notes, Class A-2a Notes, Class A-2b Notes, Class A-3 Notes, Class A-4 Notes, Class B Notes, Class C Notes and Class D Notes outstanding at any time may not exceed those respective amounts except as provided in Section 2.6. (d) Each Note shall be dated the date of its authentication. The Notes shall be issuable as registered Notes in minimum denominations of $5,000 and in integral multiples of $1,000 in excess thereof; provided, that the minimum amounts of any Retained Notes shall be subject to the restrictions set forth in Section 2.15. (e) No Note shall be entitled to any benefit under this Indenture or be valid or obligatory for any purpose unless there appears on such Note a certificate of authentication substantially in the form provided for herein executed by the Indenture Trustee by the manual signature of one of its authorized signatories, and such certificate upon any Note shall be conclusive evidence, and the only evidence, that such Note has been duly authenticated and delivered hereunder.

Execution, Authentication and Delivery. (a) The Notes shall be executed on behalf of the Issuer by any of its Authorized Officers. The signatures signature of any such Authorized Officer of the Issuer on the Notes may be manual or facsimile. (b) . Notes bearing the manual or facsimile signature of individuals who were at any time Authorized Officers of the Issuer shall bind the Issuer, notwithstanding whether any that such individuals or any of them have ceased to hold such offices prior to the authentication and delivery of such Notes or did not hold such offices on such at the date of authentication or date of delivery. (c) such Notes. The Indenture Trustee shall, shall upon Issuer Order, Order authenticate and deliver the Class A-1 Notes for original issue in an aggregate principal amount of $277,000,000257,000,000, the Class A-2a A-2 Notes for original issue in an aggregate principal amount of $412,000,000421,100,000, the Class A-2b Notes for original issue in an aggregate principal amount of $100,000,000, the Class A-3 Notes for original issue in an aggregate principal amount of $493,900,000421,100,000, the Class A-4 Notes for original issue in an aggregate principal amount of $107,910,000 the 125,090,000, Class B Notes for original issue in an aggregate principal amount of $42,170,00023,780,000, the and Class C Notes for original issue in an aggregate principal amount of $39,910,000 and the Class D Notes for original issue in an aggregate principal amount of $27,110,00039,620,000. The aggregate principal amounts amount of Class A-1 Notes, Class A-2a Notes, Class A-2b A-2 Notes, Class A-3 Notes, Class A-4 Notes, Class B Notes, Class C Notes and Class D C Notes outstanding at any time may not exceed those such respective amounts except as provided in Section 2.6. (d) Each Note shall be dated the date of its authentication2.06. The Notes shall be issuable as registered Notes in minimum denominations of $5,000 1,000 and in integral multiples of $1,000 in excess thereof; provided, that the minimum amounts thereof (except for one Note of any Retained Notes shall each class which may be subject to the restrictions set forth issued in Section 2.15. (e) a denomination other than an integral multiple of $1,000). No Note shall be entitled to any benefit under this Indenture or be valid or obligatory for any purpose purpose, unless there appears on such Note a certificate of authentication substantially in the form provided for herein executed by the Indenture Trustee by the manual or facsimile signature of one of its authorized signatories, and such certificate upon any Note shall be conclusive evidence, and the only evidence, that such Note has been duly authenticated and delivered hereunder.

Execution, Authentication and Delivery. (a) The Notes shall be executed on behalf of the Issuer Issuing Entity by any of its Authorized Officers. The signatures signature of any such Authorized Officer of the Issuer on the Notes may be manual or facsimile. (b) . Notes bearing the manual or facsimile signature of individuals who were at any time Authorized Officers of the Issuer Issuing Entity shall bind the IssuerIssuing Entity, notwithstanding whether any that such individuals or any of them have ceased to hold such offices prior to the authentication and delivery of such Notes or did not hold such offices on such at the date of authentication or date of delivery. (c) such Notes. The Indenture Trustee shall, shall upon Issuer Order, receipt of an Issuing Entity Order authenticate and deliver the Class A-1 Notes for original issue in an aggregate principal amount of $277,000,000130,000,000, the Class A-2a A-2 Notes for original issue in an aggregate principal amount of $412,000,000342,800,000, the Class A-2b Notes for original issue in an aggregate principal amount of $100,000,000, the Class A-3 Notes for original issue in an aggregate principal amount of $493,900,000157,600,000, the Class A-4 Notes for original issue in an aggregate principal amount of $107,910,000 the Class B Notes for original issue in an aggregate principal amount of $42,170,00069,260,000, the Class C Notes for original issue in an aggregate principal amount of $39,910,000 and the 44,170,000, Class D Notes for original issue in an aggregate principal amount of $27,110,00037,660,000 and Class E Notes for original issue in an aggregate principal amount of $19,480,000. The aggregate principal amounts amount of Class A-1 Notes, Class A-2a Notes, Class A-2b A-2 Notes, Class A-3 Notes, Class A-4 B Notes, Class C Notes, Class D Notes and Class E Notes outstanding at any time may not exceed such respective amounts except as provided in Section 2.06. Each Note shall be dated the date of its authentication. The Class A-1 Notes, Class A-2 Notes, Class A-3 Notes, Class B Notes, Class C Notes and Class D Notes outstanding at any time may not exceed those respective amounts except as provided in Section 2.6. (d) Each Note shall be dated the date of its authentication. The Notes shall be issuable as registered Notes in the minimum denomination of $1,000 and integral multiples of $1,000, and the Class E Notes shall be issuable in the minimum denominations of $5,000 250,000 and in integral multiples of $1,000 in excess thereof1,000; provided, that the minimum amounts of any Retained Notes shall be subject to the restrictions set forth in Section 2.15. (e) 2.04. No Note shall be entitled to any benefit under this Indenture or be valid or obligatory for any purpose unless there appears on such Note a certificate of authentication substantially in the form provided for herein executed by the Indenture Trustee by the manual signature of one of its authorized signatories, and such certificate upon any Note shall be conclusive evidence, and the only evidence, that such Note has been duly authenticated and delivered hereunder.

Execution, Authentication and Delivery. (a) The Notes shall be executed on behalf of the Issuer by any of its Authorized Officers. The signatures signature of any such Authorized Officer of the Issuer on the Notes may be manual or facsimile. (b) . Notes bearing the manual or facsimile signature of individuals who were at any time Authorized Officers of the Issuer shall bind the Issuer, notwithstanding whether any that such individuals or any of them have ceased to hold such offices prior to the authentication and delivery of such Notes or did not hold such offices on such at the date of authentication or date of delivery. (c) such Notes. The Indenture Trustee shall, shall upon Issuer Order, Order authenticate and deliver the Class A-1 Notes for original issue the Notes in an the following aggregate principal amount amounts: (i) $200,000,000 of Class A-1 Notes, (ii) $277,000,000530,000,000 of Class A-2 Notes, the Class A-2a Notes for original issue in an aggregate principal amount (iii) $440,000,000 of $412,000,000, the Class A-2b Notes for original issue in an aggregate principal amount of $100,000,000, the Class A-3 Notes for original issue in an aggregate principal amount and (iv) $109,960,000 of $493,900,000, the Class A-4 Notes for original issue in an aggregate principal amount of $107,910,000 the Class B Notes for original issue in an aggregate principal amount of $42,170,000, the Class C Notes for original issue in an aggregate principal amount of $39,910,000 and the Class D Notes for original issue in an aggregate principal amount of $27,110,000Notes. The aggregate principal amounts amount of Class A-1 Notes, Class A-2a Notes, Class A-2b A-2 Notes, Class A-3 Notes, Class A-4 Notes, Class B Notes, Class C Notes and Class D A-4 Notes outstanding at any time may not exceed those such respective amounts except as provided in Section 2.6. (d) 2.06. Each Note shall be dated the date of its authentication. The Notes shall be issuable as registered Notes notes in book-entry form in minimum denominations of $5,000 1,000 and in integral multiples of $1,000 in excess thereof; provided, however, that on the minimum amounts 2019-B Closing Date, one Class A-1 Note, one Class A-2 Note, one Class A-3 Note and one Class A-4 Note may be issued in a denomination that includes any remaining portion of any Retained Notes shall be subject to the restrictions set forth in Section 2.15. (e) Initial Class A-1 Note Balance, the Initial Class A-2 Note Balance, the Initial A-3 Note Balance and the Initial Class A-4 Note Balance, respectively. No Note shall be entitled to any benefit under this Indenture or be valid or obligatory for any purpose purpose, unless there appears on such Note a certificate of authentication substantially in the form provided for herein executed by the Indenture Trustee by the manual signature of one of its authorized signatories, and such certificate upon any Note shall be conclusive evidence, and the only evidence, that such Note has been duly authenticated and delivered hereunder.

Execution, Authentication and Delivery. (a) The Notes shall be executed on behalf of the Issuer by any of its Authorized Officers. The signatures of any such Authorized Officer of the Issuer on the Notes may be manual or facsimile. (b) Notes bearing the manual or facsimile signature of individuals who were at any time Authorized Officers of the Issuer shall bind the Issuer, notwithstanding whether any such individuals have ceased to hold such offices prior to the authentication and delivery of such Notes or did not hold such offices on such date of authentication or date of delivery. (c) The Indenture Trustee shall, upon Issuer Order, authenticate and deliver the Class A-1 Notes for original issue in an aggregate principal amount of $277,000,000255,000,000, the Class A-2a Notes for original issue in an aggregate principal amount of $412,000,000441,500,000, the Class A-2b Notes for original issue in an aggregate principal amount of $100,000,00050,000,000, the Class A-3 Notes for original issue in an aggregate principal amount of $493,900,000522,500,000, the Class A-4 Notes for original issue in an aggregate principal amount of $107,910,000 136,950,000, the Class B Notes for original issue in an aggregate principal amount of $42,170,00045,100,000, the Class C Notes for original issue in an aggregate principal amount of $39,910,000 28,600,000 and the Class D Notes for original issue in an aggregate principal amount of $27,110,00020,350,000. The aggregate principal amounts of Class A-1 Notes, Class A-2a Notes, Class A-2b Notes, Class A-3 Notes, Class A-4 Notes, Class B Notes, Class C Notes and Class D Notes outstanding at any time may not exceed those respective amounts except as provided in Section 2.6. (d) Each Note shall be dated the date of its authentication. The Notes shall be issuable as registered Notes in minimum denominations of $5,000 and in integral multiples of $1,000 in excess thereof; provided, that the minimum amounts of any Retained Notes shall be subject to the restrictions set forth in Section 2.15. (e) No Note shall be entitled to any benefit under this Indenture or be valid or obligatory for any purpose unless there appears on such Note a certificate of authentication substantially in the form provided for herein executed by the Indenture Trustee by the manual signature of one of its authorized signatories, and such certificate upon any Note shall be conclusive evidence, and the only evidence, that such Note has been duly authenticated and delivered hereunder.

Execution, Authentication and Delivery. (a) The Notes shall be executed on behalf of the Issuer Issuing Entity by any of its Authorized Officers. The signatures signature of any such Authorized Officer of the Issuer on the Notes may be manual or facsimile. (b) . Notes bearing the manual or facsimile signature of individuals who were at any time Authorized Officers of the Issuer Issuing Entity shall bind the IssuerIssuing Entity, notwithstanding whether any that such individuals or any of them have ceased to hold such offices prior to the authentication and delivery of such Notes or did not hold such offices on such at the date of authentication or date of delivery. (c) such Notes. The Indenture Trustee shall, shall upon Issuer Order, receipt of an Issuing Entity Order authenticate and deliver the Class A-1 Notes for original issue in an aggregate principal amount of $277,000,000186,000,000, the Class A-2a Notes for original issue in an aggregate principal amount of $412,000,000160,000,000, the Class A-2b Notes for original issue in an aggregate principal amount of $100,000,000160,000,000, the Class A-3 Notes for original issue in an aggregate principal amount of $493,900,000354,000,000, the Class A-4 Notes for original issue in an aggregate principal amount of $107,910,000 the 107,600,000 and Class B Notes for original issue in an aggregate principal amount of $42,170,000, the Class C Notes for original issue in an aggregate principal amount of $39,910,000 and the Class D Notes for original issue in an aggregate principal amount of $27,110,00020,730,000. The aggregate principal amounts amount of Class A-1 Notes, Class A-2a Notes, Class A-2b Notes, Class A-3 Notes, Class A-4 Notes, Class B Notes, Class C Notes and Class D B Notes outstanding at any time may not exceed those such respective amounts except as provided in Section 2.6. (d) 2.06. Each Note shall be dated the date of its authentication. The Notes shall be issuable as registered Notes in the minimum denominations denomination of $5,000 1,000 and in integral multiples of $1,000 in excess thereof; provided, that the minimum amounts of any Retained Notes shall be subject to the restrictions set forth in Section 2.15. (e) 2.04. No Note shall be entitled to any benefit under this Indenture or be valid or obligatory for any purpose unless there appears on such Note a certificate of authentication substantially in the form provided for herein executed by the Indenture Trustee by the manual signature of one of its authorized signatories, and such certificate upon any Note shall be conclusive evidence, and the only evidence, that such Note has been duly authenticated and delivered hereunder.

Execution, Authentication and Delivery. (a) The Notes shall be executed on behalf of the Issuer by any of its Authorized Officers. The signatures signature of any such Authorized Officer of the Issuer on the Notes may be manual or facsimile. (b) . Notes bearing the manual or facsimile signature of individuals who were at any time Authorized Officers of the Issuer shall bind the Issuer, notwithstanding whether any that such individuals or any of them have ceased to hold such offices prior to the authentication and delivery of such Notes or did not hold such offices on such at the date of authentication or date of delivery. (c) such Notes. The Indenture Trustee shall, shall upon Issuer Order, Order authenticate and deliver the Class A-1 Notes for original issue in an aggregate principal amount of $277,000,000355,000,000, the Class A-2a Notes for original issue in an aggregate principal amount of $412,000,000120,000,000, the Class A-2b Notes for original issue in an aggregate principal amount of $100,000,000280,000,000, the Class A-3 Notes for original issue in an aggregate principal amount of $493,900,000360,000,000, the Class A-4 Notes for original issue in an aggregate principal amount of $107,910,000 103,750,000 and the Class B Notes for original issue in an aggregate principal amount of $42,170,000, the Class C Notes for original issue in an 31,250,000. The aggregate principal amount of $39,910,000 and the Class D Notes for original issue in an aggregate principal amount of $27,110,000. The aggregate principal amounts of Class A-1 Notes, the Class A-2a Notes, the Class A-2b Notes, the Class A-3 Notes, the Class A-4 Notes, Notes and the Class B Notes, Class C Notes and Class D Notes outstanding at any time may not exceed those such respective amounts except as provided in Section 2.6. (d) Each Note shall be dated the date of its authentication2.05. The Notes shall be issuable as registered Notes in minimum denominations of $5,000 1,000 and in integral multiples of $1,000 in excess thereof; provided, that the minimum amounts of any Retained Notes . Each Note shall be subject to dated the restrictions set forth in Section 2.15. (e) date of its authentication. No Note shall be entitled to any benefit under this Indenture or be valid or obligatory for any purpose purpose, unless there appears on such Note a certificate of authentication substantially in the form provided for herein included in Exhibit ▇-▇, ▇▇▇▇▇▇▇ ▇-▇ or Exhibit A-3, as applicable, executed by the Indenture Trustee by the manual or facsimile signature of one of its authorized signatories, and such certificate upon any Note shall be conclusive evidence, and the only evidence, that such Note has been duly authenticated and delivered hereunder.

Execution, Authentication and Delivery. (a) The Notes shall be executed on behalf of the Issuer by any of its Authorized Officers. The signatures signature of any such Authorized Officer of the Issuer on the Notes may be manual or facsimile. (b) . Notes bearing the manual or facsimile signature of individuals who were at any time Authorized Officers of the Issuer shall bind the Issuer, notwithstanding whether any that such individuals or any of them have ceased to hold such offices prior to the authentication and delivery of such Notes or did not hold such offices on such at the date of authentication or date of delivery. (c) such Notes. The Indenture Trustee shall, shall upon Issuer Order, Order authenticate and deliver the Class A-1 A‑1 Notes for original issue in an aggregate principal amount of $277,000,000303,000,000, the Class A-2a A‑2 Notes for original issue in an aggregate principal amount of $412,000,000, the Class A-2b Notes for original issue in an aggregate principal amount of $100,000,000450,000,000, the Class A-3 Notes for original issue in an aggregate principal amount of $493,900,000360,000,000, the Class A-4 Notes for original issue in an aggregate principal amount of $107,910,000 105,800,000 and the Class B Notes for original issue in an aggregate principal amount of $42,170,000, the Class C Notes for original issue in an 31,200,000. The aggregate principal amount of $39,910,000 and the Class D Notes for original issue in an aggregate principal amount of $27,110,000. The aggregate principal amounts of Class A-1 A‑1 Notes, the Class A-2a A‑2 Notes, Class A-2b Notes, the Class A-3 Notes, the Class A-4 Notes, Notes and the Class B Notes, Class C Notes and Class D Notes outstanding at any time may not exceed those such respective amounts except as provided in Section 2.6. (d) Each Note shall be dated the date of its authentication2.05. The Notes shall be issuable as registered Notes in minimum denominations of $5,000 1,000 and in integral multiples of $1,000 in excess thereof; provided, that the minimum amounts of any Retained Notes . Each Note shall be subject to dated the restrictions set forth in Section 2.15. (e) date of its authentication. No Note shall be entitled to any benefit under this Indenture or be valid or obligatory for any purpose purpose, unless there appears on such Note a certificate of authentication substantially in the form provided for herein included in Exhibit ▇-▇, ▇▇▇▇▇▇▇ ▇-▇ or Exhibit A-3, as applicable, executed by the Indenture Trustee by the manual or facsimile signature of one of its authorized signatories, and such certificate upon any Note shall be conclusive evidence, and the only evidence, that such Note has been duly authenticated and delivered hereunder.

Execution, Authentication and Delivery. (a) The Notes shall be executed on behalf of the Issuer by any of its Authorized Officers. The signatures signature of any such Authorized Officer of the Issuer on the Notes may be manual or facsimile. (b) . Notes bearing the manual or facsimile signature of individuals who were at any time Authorized Officers of the Issuer shall bind the Issuer, notwithstanding whether any that such individuals or any of them have ceased to hold such offices prior to the authentication and delivery of such Notes or did not hold such offices on such at the date of authentication or date of delivery. (c) such Notes. The Indenture Trustee shall, shall upon Issuer Order, Order authenticate and deliver the Class A-1 A‑1 Notes for original issue in an aggregate principal amount of $277,000,000323,000,000, the Class A-2a A‑2a Notes for original issue in an aggregate principal amount of $412,000,000365,400,000, the Class A-2b Notes for original issue in an aggregate principal amount of $100,000,000156,600,000, the Class A-3 Notes for original issue in an aggregate principal amount of $493,900,000490,000,000, the Class A-4 Notes for original issue in an aggregate principal amount of $107,910,000 127,500,000 and the Class B Notes for original issue in an aggregate principal amount of $42,170,000, the Class C Notes for original issue in an 37,500,000. The aggregate principal amount of $39,910,000 and the Class D Notes for original issue in an aggregate principal amount of $27,110,000. The aggregate principal amounts of Class A-1 A‑1 Notes, the Class A-2a A‑2a Notes, the Class A-2b Notes, the Class A-3 Notes, the Class A-4 Notes, Notes and the Class B Notes, Class C Notes and Class D Notes outstanding at any time may not exceed those such respective amounts except as provided in Section 2.6. (d) Each Note shall be dated the date of its authentication2.05. The Class A Notes shall be issuable as registered Notes in minimum denominations of $5,000 1,000 and in integral multiples of $1,000 in excess thereof; provided, that the minimum amounts of any Retained Notes . Each Note shall be subject to dated the restrictions set forth in Section 2.15. (e) date of its authentication. No Note shall be entitled to any benefit under this Indenture or be valid or obligatory for any purpose purpose, unless there appears on such Note a certificate of authentication substantially in the form provided for herein included in Exhibit ▇-▇, ▇▇▇▇▇▇▇ ▇-▇ or Exhibit A-3, as applicable, executed by the Indenture Trustee by the manual or facsimile signature of one of its authorized signatories, and such certificate upon any Note shall be conclusive evidence, and the only evidence, that such Note has been duly authenticated and delivered hereunder.

Execution, Authentication and Delivery. (a) The Notes shall be executed on behalf of the Issuer by any of its Authorized Officers. The signatures signature of any such Authorized Officer of the Issuer on the Notes may be manual or facsimile. (b) . Notes bearing the manual or facsimile signature of individuals who were at any time Authorized Officers of the Issuer shall bind the Issuer, notwithstanding whether any that such individuals or any of them have ceased to hold such offices prior to the authentication and delivery of such Notes or did not hold such offices on such at the date of authentication or date of delivery. (c) such Notes. The Indenture Trustee shall, shall upon Issuer Order, Order authenticate and deliver the Class A-1 Notes for original issue in an the following aggregate principal amount amounts: (i) $300,000,000 of Class A-1 Notes, (ii) $277,000,000160,000,000 of Class A-2A Notes, the (iii) $315,000,000 of Class A-2a Notes for original issue in an aggregate principal amount A-2B Notes, (iv) $475,000,000 of $412,000,000, the Class A-2b Notes for original issue in an aggregate principal amount of $100,000,000, the Class A-3 Notes for original issue in an aggregate principal amount and (v) $77,500,000 of $493,900,000, the Class A-4 Notes for original issue in an aggregate principal amount of $107,910,000 the Class B Notes for original issue in an aggregate principal amount of $42,170,000, the Class C Notes for original issue in an aggregate principal amount of $39,910,000 and the Class D Notes for original issue in an aggregate principal amount of $27,110,000Notes. The aggregate principal amounts amount of Class A-1 Notes, Class A-2a A-2A Notes, Class A-2b A-2B Notes, Class A-3 Notes, Class A-4 Notes, Class B Notes, Class C Notes and Class D A-4 Notes outstanding at any time may not exceed those such respective amounts except as provided in Section 2.6. (d) 2.06. Each Note shall be dated the date of its authentication. The Notes shall be issuable as registered Notes notes in book-entry form in minimum denominations of $5,000 1,000 and in integral multiples of $1,000 in excess thereof; provided, however, that on the minimum amounts 2025-B Closing Date, one Class A-1 Note, one Class A-2A Note, one Class A-2B Note, one Class A-3 Note and one Class A-4 Note may be issued in a denomination that includes any remaining portion of any Retained Notes shall be subject to the restrictions set forth in Section 2.15. (e) Initial Class A-1 Note Balance, the Initial Class A-2A Note Balance, the Initial Class A-2B Note Balance, the Initial A-3 Note Balance and the Initial Class A-4 Note Balance, respectively. No Note shall be entitled to any benefit under this Indenture or be valid or obligatory for any purpose purpose, unless there appears on such Note a certificate of authentication substantially in the form provided for herein executed by the Indenture Trustee by the manual signature of one of its authorized signatories, and such certificate upon any Note shall be conclusive evidence, and the only evidence, that such Note has been duly authenticated and delivered hereunder.

Execution, Authentication and Delivery. (a) The Notes shall be executed on behalf of the Issuer by any of its Authorized Officers. The signatures signature of any such Authorized Officer of the Issuer on the Notes may be manual or facsimile. (b) . Notes bearing the manual or facsimile signature of individuals who were at any time Authorized Officers of the Issuer shall bind the Issuer, notwithstanding whether any that such individuals or any of them have ceased to hold such offices prior to the authentication and delivery of such Notes or did not hold such offices on such at the date of authentication or date of delivery. (c) such Notes. The Indenture Trustee shall, shall upon Issuer Order, Order authenticate and deliver the Class A-1 Notes for original issue in an aggregate principal amount of $277,000,000179,000,000, the Class A-2a A-2 Notes for original issue in an aggregate principal amount of $412,000,000, the Class A-2b Notes for original issue in an aggregate principal amount of $100,000,000243,000,000, the Class A-3 Notes for original issue in an aggregate principal amount of $493,900,000, 343,000,000 and the Class A-4 Notes for original issue in an aggregate principal amount of $107,910,000 the Class B Notes for original issue in an 85,000,000. The aggregate principal amount of $42,170,000, the Class C Notes for original issue in an aggregate principal amount of $39,910,000 and the Class D Notes for original issue in an aggregate principal amount of $27,110,000. The aggregate principal amounts of Class A-1 Notes, the Class A-2a A-2 Notes, Class A-2b Notes, the Class A-3 Notes, Notes and the Class A-4 Notes, Class B Notes, Class C Notes and Class D Notes outstanding at any time may not exceed those such respective amounts except as provided in Section 2.6. (d) Each Note shall be dated the date of its authentication2.05. The Notes shall be issuable as registered Notes in minimum denominations of $5,000 25,000 and in any integral multiples multiple of $1,000 in excess thereof; provided, provided that the minimum amounts of any Retained Notes shall be subject to issued as Definitive Notes and the restrictions set forth in Section 2.15. (e) holder of such Retained Notes shall be a Note Owner and a Noteholder for all purposes of this Indenture. Each Note shall be dated the date of its authentication. No Note shall be entitled to any benefit under this Indenture or be valid or obligatory for any purpose purpose, unless there appears on such Note a certificate of authentication substantially in the form provided for herein included in Exhibit A, as the case may be, executed by the Indenture Trustee by the manual or facsimile signature of one of its authorized signatories, and such certificate upon any Note shall be conclusive evidence, and the only evidence, that such Note has been duly authenticated and delivered hereunder.. 3 (Nissan 2014-B Indenture)

Execution, Authentication and Delivery. (a) The Notes shall be executed on behalf of the Issuer by any of its Authorized Officers. The signatures signature of any such Authorized Officer of the Issuer on the Notes may be manual or facsimile. (b) . Notes bearing the manual or facsimile signature of individuals who were at any time Authorized Officers of the Issuer shall bind the Issuer, notwithstanding whether any that such individuals or any of them have ceased to hold such offices prior to the authentication and delivery of such Notes or did not hold such offices on such at the date of authentication or date of delivery. (c) such Notes. The Indenture Trustee shall, shall upon Issuer Order, Order authenticate and deliver the Class A-1 Notes for original issue the Notes in an the following aggregate principal amount amounts: (i) $264,600,000 of Class A-1 Notes, (ii) $277,000,000452,600,000 of Class A-2 Notes, the Class A-2a Notes for original issue in an aggregate principal amount (iii) $452,600,000 of $412,000,000, the Class A-2b Notes for original issue in an aggregate principal amount of $100,000,000, the Class A-3 Notes for original issue in an aggregate principal amount and (iv) $120,120,000 of $493,900,000, the Class A-4 Notes for original issue in an aggregate principal amount of $107,910,000 the Class B Notes for original issue in an aggregate principal amount of $42,170,000, the Class C Notes for original issue in an aggregate principal amount of $39,910,000 and the Class D Notes for original issue in an aggregate principal amount of $27,110,000Notes. The aggregate principal amounts amount of Class A-1 Notes, Class A-2a Notes, Class A-2b A-2 Notes, Class A-3 Notes, Class A-4 Notes, Class B Notes, Class C Notes and Class D A-4 Notes outstanding at any time may not exceed those such respective amounts except as provided in Section 2.6. (d) 2.06. Each Note shall be dated the date of its authentication. The Notes shall be issuable as registered Notes notes in book-entry form in minimum denominations of $5,000 1,000 and in integral multiples of $1,000 in excess thereof; provided, however, that on the minimum amounts 2021-B Closing Date, one Class A-1 Note, one Class A-2 Note, one Class A-3 Note and one Class A-4 Note may be issued in a denomination that includes any remaining portion of any Retained Notes shall be subject to the restrictions set forth in Section 2.15. (e) Initial Class A-1 Note Balance, the Initial Class A-2 Note Balance, the Initial A-3 Note Balance and the Initial Class A-4 Note Balance, respectively. No Note shall be entitled to any benefit under this Indenture or be valid or obligatory for any purpose purpose, unless there appears on such Note a certificate of authentication substantially in the form provided for herein executed by the Indenture Trustee by the manual signature of one of its authorized signatories, and such certificate upon any Note shall be conclusive evidence, and the only evidence, that such Note has been duly authenticated and delivered hereunder.

Execution, Authentication and Delivery. (a) The Notes shall be executed on behalf of the Issuer by any of its Authorized Officers. The signatures signature of any such Authorized Officer of the Issuer on the Notes may be manual or facsimile. (b) . Notes bearing the manual or facsimile signature of individuals who were at any time Authorized Officers of the Issuer shall bind the Issuer, notwithstanding whether any that such individuals or any of them have ceased to hold such offices prior to the authentication and delivery of such Notes or did not hold such offices on such at the date of authentication or date of delivery. (c) such Notes. The Indenture Trustee shall, shall upon Issuer Order, Order authenticate and deliver the Class A-1 Notes for original issue in an aggregate principal amount of $277,000,000501,000,000, the Class A-2a A-2 Notes for original issue in an aggregate principal amount of $412,000,000, the Class A-2b Notes for original issue in an aggregate principal amount of $100,000,000560,000,000, the Class A-3 Notes for original issue in an aggregate principal amount of $493,900,000480,000,000, the Class A-4 Notes for original issue in an aggregate principal amount of $107,910,000 165,250,000 and the Class B Notes for original issue in an aggregate principal amount of $42,170,000, the Class C Notes for original issue in an 43,750,000. The aggregate principal amount of $39,910,000 and the Class D Notes for original issue in an aggregate principal amount of $27,110,000. The aggregate principal amounts of Class A-1 Notes, the Class A-2a A-2 Notes, Class A-2b Notes, the Class A-3 Notes, the Class A-4 Notes, Notes and the Class B Notes, Class C Notes and Class D Notes outstanding at any time may not exceed those such respective amounts except as provided in Section 2.6. (d) Each Note shall be dated the date of its authentication2.05. The Notes shall be issuable as registered Notes in minimum denominations of $5,000 1,000 and in integral multiples of $1,000 in excess thereof; provided, that the minimum amounts of any Retained Notes . Each Note shall be subject to dated the restrictions set forth in Section 2.15. (e) date of its authentication. No Note shall be entitled to any benefit under this Indenture or be valid or obligatory for any purpose purpose, unless there appears on such Note a certificate of authentication substantially in the form provided for herein included in Exhibit ▇-▇, ▇▇▇▇▇▇▇ ▇-▇ or Exhibit A-3, as applicable, executed by the Indenture Trustee by the manual or facsimile signature of one of its authorized signatories, and such certificate upon any Note shall be conclusive evidence, and the only evidence, that such Note has been duly authenticated and delivered hereunder.

Execution, Authentication and Delivery. (a) The Notes shall be executed on behalf of the Issuer by any of its Authorized Officers. The signatures signature of any such Authorized Officer of the Issuer on the Notes may be manual or facsimile. (b) . Notes bearing the manual or facsimile signature of individuals who were at any time Authorized Officers of the Issuer shall bind the Issuer, notwithstanding whether any that such individuals or any of them have ceased to hold such offices prior to the authentication and delivery of such Notes or did not hold such offices on such at the date of authentication or date of delivery. (c) such Notes. The Indenture Trustee shall, shall upon Issuer Order, Order authenticate and deliver the Class A-1 A‑1 Notes for original issue in an aggregate principal amount of $277,000,000443,000,000, the Class A-2a A‑2a Notes for original issue in an aggregate principal amount of $412,000,000460,000,000, the Class A-2b Notes for original issue in an aggregate principal amount of $100,000,000240,000,000, the Class A-3 Notes for original issue in an aggregate principal amount of $493,900,000420,000,000, the Class A-4 Notes for original issue in an aggregate principal amount of $107,910,000 143,250,000 and the Class B Notes for original issue in an aggregate principal amount of $42,170,000, the Class C Notes for original issue in an 43,750,000. The aggregate principal amount of $39,910,000 and the Class D Notes for original issue in an aggregate principal amount of $27,110,000. The aggregate principal amounts of Class A-1 A‑1 Notes, the Class A-2a A‑2a Notes, the Class A-2b Notes, the Class A-3 Notes, the Class A-4 Notes, Notes and the Class B Notes, Class C Notes and Class D Notes outstanding at any time may not exceed those such respective amounts except as provided in Section 2.6. (d) Each Note shall be dated the date of its authentication2.05. The Notes shall be issuable as registered Notes in minimum denominations of $5,000 1,000 and in integral multiples of $1,000 in excess thereof; provided, that the minimum amounts of any Retained Notes . Each Note shall be subject to dated the restrictions set forth in Section 2.15. (e) date of its authentication. No Note shall be entitled to any benefit under this Indenture or be valid or obligatory for any purpose purpose, unless there appears on such Note a certificate of authentication substantially in the form provided for herein included in Exhibit ▇-▇, ▇▇▇▇▇▇▇ ▇-▇ or Exhibit A-3, as applicable, executed by the Indenture Trustee by the manual or facsimile signature of one of its authorized signatories, and such certificate upon any Note shall be conclusive evidence, and the only evidence, that such Note has been duly authenticated and delivered hereunder.

Execution, Authentication and Delivery. (a) The Notes shall be executed on behalf of the Issuer Issuing Entity by any of its Authorized Officers. The signatures signature of any such Authorized Officer of the Issuer on the Notes may be manual or facsimile. (b) . Notes bearing the manual or facsimile signature of individuals who were at any time Authorized Officers of the Issuer Issuing Entity shall bind the IssuerIssuing Entity, notwithstanding whether any that such individuals or any of them have ceased to hold such offices prior to the authentication and delivery of such Notes or did not hold such offices on such at the date of authentication or date of delivery. (c) such Notes. The Indenture Trustee shall, shall upon Issuer Order, receipt of an Issuing Entity Order authenticate and deliver the Class A-1 Notes for original issue in an aggregate principal amount of $277,000,000149,000,000, the Class A-2a A-2 Notes for original issue in an aggregate principal amount of $412,000,000235,000,000, the Class A-2b Notes for original issue in an aggregate principal amount of $100,000,000, the Class A-3 Notes for original issue in an aggregate principal amount of $493,900,000235,000,000, the Class A-4 Notes for original issue in an aggregate principal amount of $107,910,000 the 109,676,000 and Class B Notes for original issue in an aggregate principal amount of $42,170,000, the Class C Notes for original issue in an aggregate principal amount of $39,910,000 and the Class D Notes for original issue in an aggregate principal amount of $27,110,00015,609,000. The aggregate principal amounts amount of Class A-1 Notes, Class A-2a Notes, Class A-2b A-2 Notes, Class A-3 Notes, Class A-4 Notes, Class B Notes, Class C Notes and Class D B Notes outstanding at any time may not exceed those such respective amounts except as provided in Section 2.6. (d) 2.06. Each Note shall be dated the date of its authentication. The Notes shall be issuable as registered Notes in the minimum denominations denomination of $5,000 1,000 and in integral multiples of $1,000 in excess thereof; provided, that the minimum amounts of any Retained Notes shall be subject to the restrictions set forth in Section 2.15. (e) 2.04. No Note shall be entitled to any benefit under this Indenture or be valid or obligatory for any purpose unless there appears on such Note a certificate of authentication substantially in the form provided for herein executed by the Indenture Trustee by the manual signature of one of its authorized signatories, and such certificate upon any Note shall be conclusive evidence, and the only evidence, that such Note has been duly authenticated and delivered hereunder.

Execution, Authentication and Delivery. (a) The Notes shall be executed on behalf of the Issuer by any of its Authorized Officers. The signatures signature of any such Authorized Officer of the Issuer on the Notes may be manual or facsimile. (b) . Notes bearing the manual or facsimile signature of individuals who were at any time Authorized Officers of the Issuer shall bind the Issuer, notwithstanding whether any that such individuals or any of them have ceased to hold such offices prior to the authentication and delivery of such Notes or did not hold such offices on such at the date of authentication or date of delivery. (c) such Notes. The Indenture Trustee shall, shall upon Issuer Order, Order authenticate and deliver the Class A-1 Notes for original issue the Notes in an the following aggregate principal amount amounts: (i) $393,000,000 of Class A-1 Notes, (ii) $277,000,000405,000,000 of Class A-2-A Notes, the (iii) $405,000,000 of Class A-2a Notes for original issue in an aggregate principal amount A-2-B Notes, (iv) $564,290,000 of $412,000,000, the Class A-2b Notes for original issue in an aggregate principal amount of $100,000,000, the Class A-3 Notes for original issue in an aggregate principal amount and (v) $220,000,000 of $493,900,000, the Class A-4 Notes for original issue in an aggregate principal amount of $107,910,000 the Class B Notes for original issue in an aggregate principal amount of $42,170,000, the Class C Notes for original issue in an aggregate principal amount of $39,910,000 and the Class D Notes for original issue in an aggregate principal amount of $27,110,000Notes. The aggregate principal amounts amount of Class A-1 Notes, Class A-2a A-2-A Notes, Class A-2b A-2-B Notes, Class A-3 Notes, Class A-4 Notes, Class B Notes, Class C Notes and Class D A-4 Notes outstanding at any time may not exceed those such respective amounts except as provided in Section 2.6. (d) 2.06. Each Note shall be dated the date of its authentication. The Notes shall be issuable as registered Notes notes in book-entry form in minimum denominations of $5,000 1,000 and in integral multiples of $1,000 in excess thereof; provided, however, that on the minimum amounts 2014-A Closing Date, one Class A-1 Note, one Class A-2-A Note, one Class A-2-B Note, one Class A-3 Note and one Class A-4 Note may be issued in a denomination that includes any remaining portion of any Retained Notes shall be subject to the restrictions set forth in Section 2.15. (e) Initial Class A-1 Note Balance, the Initial Class A-2-A Note Balance, the Initial Class A-2-B Note Balance, the Initial A-3 Note Balance and the Initial Class A-4 Note Balance, respectively. No Note shall be entitled to any benefit under this Indenture or be valid or obligatory for any purpose purpose, unless there appears on such Note a certificate of authentication substantially in the form provided for herein executed by the Indenture Trustee by the manual signature of one of its authorized signatories, and such certificate upon any Note shall be conclusive evidence, and the only evidence, that such Note has been duly authenticated and delivered hereunder.

Execution, Authentication and Delivery. (a) The Notes shall be executed on behalf of the Issuer by any of its Authorized Officers. The signatures signature of any such Authorized Officer of the Issuer on the Notes may be manual or facsimile. (b) . Notes bearing the manual or facsimile signature of individuals who were at any time Authorized Officers of the Issuer shall bind the Issuer, notwithstanding whether any that such individuals or any of them have ceased to hold such offices prior to the authentication and delivery of such Notes or did not hold such offices on such at the date of authentication or date of delivery. (c) such Notes. The Indenture Trustee shall, shall upon Issuer Order, Order authenticate and deliver the Class A-1 A‑1 Notes for original issue in an aggregate principal amount of $277,000,000345,000,000, the Class A-2a A‑2a Notes for original issue in an aggregate principal amount of $412,000,000157,500,000, the Class A-2b Notes for original issue in an aggregate principal amount of $100,000,000472,500,000, the Class A-3 Notes for original issue in an aggregate principal amount of $493,900,000630,000,000, the Class A-4 Notes for original issue in an aggregate principal amount of $107,910,000 101,250,000 and the Class B Notes for original issue in an aggregate principal amount of $42,170,000, the Class C Notes for original issue in an 43,750,000. The aggregate principal amount of $39,910,000 and the Class D Notes for original issue in an aggregate principal amount of $27,110,000. The aggregate principal amounts of Class A-1 A‑1 Notes, the Class A-2a Notes, the Class A-2b A‑2b Notes, the Class A-3 Notes, the Class A-4 Notes, Notes and the Class B Notes, Class C Notes and Class D Notes outstanding at any time may not exceed those such respective amounts except as provided in Section 2.6. (d) Each Note shall be dated the date of its authentication2.05. The Class A Notes shall be issuable as registered Notes in minimum denominations of $5,000 1,000 and in integral multiples of $1,000 in excess thereof; provided, that the minimum amounts of any Retained Notes . Each Note shall be subject to dated the restrictions set forth in Section 2.15. (e) date of its authentication. No Note shall be entitled to any benefit under this Indenture or be valid or obligatory for any purpose purpose, unless there appears on such Note a certificate of authentication substantially in the form provided for herein included in Exhibit A-1, Exhibit A-2 or Exhibit A-3, as applicable, executed by the Indenture Trustee by the manual or facsimile signature of one of its authorized signatories, and such certificate upon any Note shall be conclusive evidence, and the only evidence, that such Note has been duly authenticated and delivered hereunder.

Execution, Authentication and Delivery. (a) The Notes shall be executed on behalf of the Issuer Issuing Entity by any of its Authorized Officers. The signatures signature of any such Authorized Officer of the Issuer on the Notes may be manual or facsimile. (b) . Notes bearing the manual or facsimile signature of individuals who were at any time Authorized Officers of the Issuer Issuing Entity shall bind the IssuerIssuing Entity, notwithstanding whether any that such individuals or any of them have ceased to hold such offices prior to the authentication and delivery of such Notes or did not hold such offices on such at the date of authentication or date of delivery. (c) such Notes. The Indenture Trustee shall, shall upon Issuer Order, receipt of an Issuing Entity Order authenticate and deliver the Class A-1 Notes for original issue in an aggregate principal amount of $277,000,000225,000,000, the Class A-2a Notes for original issue in an aggregate principal amount of $412,000,000346,500,000, the Class A-2b Notes for original issue in an aggregate principal amount of $100,000,000129,500,000, the Class A-3 Notes for original issue in an aggregate principal amount of $493,900,000426,000,000, the Class A-4 Notes for original issue in an aggregate principal amount of $107,910,000 the 94,750,000 and Class B Notes for original issue in an aggregate principal amount of $42,170,000, the Class C Notes for original issue in an aggregate principal amount of $39,910,000 and the Class D Notes for original issue in an aggregate principal amount of $27,110,00034,700,000. The aggregate principal amounts amount of Class A-1 Notes, Class A-2a Notes, Class A-2b Notes, Class A-3 Notes, Class A-4 Notes, Class B Notes, Class C Notes and Class D B Notes outstanding at any time may not exceed those such respective amounts except as provided in Section 2.6. (d) 2.06. Each Note shall be dated the date of its authentication. The Notes shall be issuable as registered Notes in the minimum denominations denomination of $5,000 1,000 and in integral multiples of $1,000 in excess thereof; provided, that the minimum amounts of any Retained Notes shall be subject to the restrictions set forth in Section 2.15. (e) 2.04. No Note shall be entitled to any benefit under this Indenture or be valid or obligatory for any purpose unless there appears on such Note a certificate of authentication substantially in the form provided for herein executed by the Indenture Trustee by the manual signature of one of its authorized signatories, and such certificate upon any Note shall be conclusive evidence, and the only evidence, that such Note has been duly authenticated and delivered hereunder.

Execution, Authentication and Delivery. (a) The Notes shall be executed on behalf of the Issuer by any of its Authorized Officers. The signatures signature of any such Authorized Officer of the Issuer on the Notes may be manual or facsimile. (b) . Notes bearing the manual or facsimile signature of individuals who were at any time Authorized Officers of the Issuer shall bind the Issuer, notwithstanding whether any that such individuals or any of them have ceased to hold such offices prior to the authentication and delivery of such Notes or did not hold such offices on such at the date of authentication or date of delivery. (c) such Notes. The Indenture Trustee shall, shall upon Issuer Order, Order authenticate and deliver the Class A-1 A‑1 Notes for original issue in an aggregate principal amount of $277,000,000351,000,000, the Class A-2a A‑2a Notes for original issue in an aggregate principal amount of $412,000,000179,500,000, the Class A-2b Notes for original issue in an aggregate principal amount of $100,000,000179,500,000, the Class A-3 Notes for original issue in an aggregate principal amount of $493,900,000401,000,000, the Class A-4 Notes for original issue in an aggregate principal amount of $107,910,000 107,750,000 and the Class B Notes for original issue in an aggregate principal amount of $42,170,000, the Class C Notes for original issue in an 31,250,000. The aggregate principal amount of $39,910,000 and the Class D Notes for original issue in an aggregate principal amount of $27,110,000. The aggregate principal amounts of Class A-1 A‑1 Notes, the Class A-2a A‑2a Notes, the Class A-2b Notes, the Class A-3 Notes, the Class A-4 Notes, Notes and the Class B Notes, Class C Notes and Class D Notes outstanding at any time may not exceed those such respective amounts except as provided in Section 2.6. (d) Each Note shall be dated the date of its authentication2.05. The Notes shall be issuable as registered Notes in minimum denominations of $5,000 1,000 and in integral multiples of $1,000 in excess thereof; provided, that the minimum amounts of any Retained Notes . Each Note shall be subject to dated the restrictions set forth in Section 2.15. (e) date of its authentication. No Note shall be entitled to any benefit under this Indenture or be valid or obligatory for any purpose purpose, unless there appears on such Note a certificate of authentication substantially in the form provided for herein included in Exhibit ▇-▇, ▇▇▇▇▇▇▇ ▇-▇ or Exhibit A-3, as applicable, executed by the Indenture Trustee by the manual or facsimile signature of one of its authorized signatories, and such certificate upon any Note shall be conclusive evidence, and the only evidence, that such Note has been duly authenticated and delivered hereunder.

Execution, Authentication and Delivery. (a) The Notes shall be executed on behalf of the Issuer by any of its Authorized Officers. The signatures signature of any such Authorized Officer of the Issuer on the Notes may be manual or facsimile. (b) . Notes bearing the manual or facsimile signature of individuals who were at any time Authorized Officers of the Issuer shall bind the Issuer, notwithstanding whether any that such individuals or any of them have ceased to hold such offices prior to the authentication and delivery of such Notes or did not hold such offices on such at the date of authentication or date of delivery. (c) such Notes. The Indenture Trustee shall, shall upon Issuer Order, Order authenticate and deliver the Class A-1 Notes for original issue in an aggregate principal amount of $277,000,000253,700,000, the Class A-2a A-2 Notes for original issue in an aggregate principal amount of $412,000,000420,000,000, the Class A-2b Notes for original issue in an aggregate principal amount of $100,000,000, the Class A-3 Notes for original issue in an aggregate principal amount of $493,900,000420,000,000, the Class A-4 Notes for original issue in an aggregate principal amount of $107,910,000 the 99,870,000, Class B Notes for original issue in an aggregate principal amount of $42,170,00023,180,000, the and Class C Notes for original issue in an aggregate principal amount of $39,910,000 and the Class D Notes for original issue in an aggregate principal amount of $27,110,00038,630,000. The aggregate principal amounts amount of Class A-1 Notes, Class A-2a Notes, Class A-2b A-2 Notes, Class A-3 Notes, Class A-4 Notes, Class B Notes, Class C Notes and Class D C Notes outstanding at any time may not exceed those such respective amounts except as provided in Section 2.6. (d) Each Note shall be dated the date of its authentication2.06. The Notes shall be issuable as registered Notes in minimum denominations of $5,000 1,000 and in integral multiples of $1,000 in excess thereof; provided, that the minimum amounts thereof (except for one Note of any Retained Notes shall each class which may be subject to the restrictions set forth issued in Section 2.15. (e) a denomination other than an integral multiple of $1,000). No Note shall be entitled to any benefit under this Indenture or be valid or obligatory for any purpose purpose, unless there appears on such Note a certificate of authentication substantially in the form provided for herein executed by the Indenture Trustee by the manual or facsimile signature of one of its authorized signatories, and such certificate upon any Note shall be conclusive evidence, and the only evidence, that such Note has been duly authenticated and delivered hereunder.

Execution, Authentication and Delivery. (a) The Notes shall be executed on behalf of the Issuer by any of its Authorized Officers. The signatures signature of any such Authorized Officer of the Issuer on the Notes may be manual or facsimile. (b) . Notes bearing the manual or facsimile signature of individuals who were at any time Authorized Officers of the Issuer shall bind the Issuer, notwithstanding whether any that such individuals or any of them have ceased to hold such offices prior to the authentication and delivery of such Notes or did not hold such offices on such the date of authentication or date of deliverysuch Notes. (cb) The Indenture Trustee shall, upon receipt of an Issuer Order, authenticate and deliver the Class A-1 Notes for original issue in an the following aggregate principal amount amounts of Notes: (i) $277,000,00069,300,000 of Class A-1 Notes, the (ii) $110,000,000 of Class A-2a Notes for original issue in an aggregate principal amount A-2 Notes, (iii) $100,000,000 of $412,000,000, the Class A-2b Notes for original issue in an aggregate principal amount of $100,000,000, the Class A-3 Notes for original issue in an aggregate principal amount Notes, (iv) $93,963,000 of $493,900,000, the Class A-4 Notes for original issue in an aggregate principal amount Notes, (v) $29,684,000 of $107,910,000 the Class B Notes for original issue in an aggregate principal amount and (vi) $16,842,000 of $42,170,000, the Class C Notes for original issue in an aggregate principal amount of $39,910,000 and the Class D Notes for original issue in an aggregate principal amount of $27,110,000Notes. The aggregate principal amounts amount of Class A-1 Notes, Class A-2a Notes, Class A-2b A-2 Notes, Class A-3 Notes, Class A-4 Notes, Class B Notes, Class C Notes and Class D Notes C Notes, as the case may be, outstanding at any time may not exceed those the respective amounts set forth above with respect to such Classes of Notes, except as otherwise provided in Section 2.62.05. (dc) Each Note shall be dated the date of its authentication. The Notes shall be issuable as registered Notes in minimum denominations of $5,000 1,000 and in integral multiples of $1,000 in excess thereof; provided, thereof (except that on the minimum amounts Closing Date one Note of any Retained Notes shall each Class may be subject to the restrictions set forth issued in Section 2.15a denomination other than an integral multiple of $1,000). (ed) No Note shall be entitled to any benefit under this Indenture or be valid or obligatory for any purpose purpose, unless there appears on such Note a certificate of authentication substantially in the form provided for herein executed by the Indenture Trustee by the manual signature of one of its authorized signatories, and such certificate upon any Note shall be conclusive evidence, and the only evidence, that such Note has been duly authenticated and delivered hereunder.

Execution, Authentication and Delivery. (a) The Notes shall be executed on behalf of the Issuer by any of its Authorized Officers. The signatures signature of any such Authorized Officer of the Issuer on the Notes may be manual or facsimile. (b) . Notes bearing the manual or facsimile signature of individuals who were at any time Authorized Officers of the Issuer shall bind the Issuer, notwithstanding whether any that such individuals or any of them have ceased to hold such offices prior to the authentication and delivery of such Notes or did not hold such offices on such at the date of authentication or date of delivery. (c) such Notes. The Indenture Trustee shall, upon receipt of an Issuer Order, authenticate and deliver the for original issue (i) Class A-1 Notes for original issue in an aggregate principal amount of $277,000,000_____________, the (ii) Class A-2a A-2 Notes for original issue in an aggregate principal amount of $412,000,000_____________, the (iii) Class A-2b A-3 Notes for original issue in an aggregate principal amount of $100,000,000__________, the (iv) Class A-3 A-4 Notes for original issue in an aggregate principal amount of $493,900,000_____________, the (v) Class A-4 A-5 Notes for original issue in an aggregate principal amount of $107,910,000 the _________, (vi) Class B Notes for original issue in an aggregate principal amount of $42,170,000_____________, the (vii) Class C Notes for original issue in an aggregate principal amount of $39,910,000 _________, and the (viii) Class D Notes for original issue in an aggregate principal amount of $27,110,000_________. The aggregate principal amounts amount of Class A-1 Notes, Class A-2a Notes, Class A-2b Notes, Class A-3 Notes, Class A-4 Notes, Class B Notes, Class C such Classes of Notes and Class D Notes outstanding Outstanding at any time may not exceed those such respective amounts amounts, except as otherwise provided in Section 2.6. (d) 2.05. Each Note shall be dated the date of its authentication. The Notes shall be issuable as registered Notes in the minimum denominations denomination of $5,000 1,000 and in integral multiples of $1,000 in excess thereof; provided, that the minimum amounts of any Retained Notes thereof or in such other denomination as shall be subject to the restrictions set forth in Section 2.15. (e) necessary. No Note shall be entitled to any benefit under this Indenture or be valid or obligatory for any purpose purpose, unless there appears on such Note a certificate of authentication substantially in the form provided for herein executed by the Indenture Trustee by the manual signature of one of its authorized signatories, and such certificate upon any Note shall be conclusive evidence, and the only evidence, that such Note has been duly authenticated and delivered hereunder.

Execution, Authentication and Delivery. (a) The Notes shall be executed on behalf of the Issuer by any of its Authorized Officers. The signatures signature of any such Authorized Officer of the Issuer on the Notes may be manual or facsimile. (b) . Notes bearing the manual or facsimile signature of individuals who were at any time Authorized Officers of the Issuer shall bind the Issuer, notwithstanding whether any that such individuals or any of them have ceased to hold such offices prior to the authentication and delivery of such Notes or did not hold such offices on such at the date of authentication or date of delivery. (c) such Notes. The Indenture Trustee shall, shall upon Issuer Order, Order authenticate and deliver the Class A-1 Notes for original issue in an aggregate principal amount of $277,000,000, the Class A-2a A‑1 Notes for original issue in an aggregate principal amount of $412,000,000, the Class A‑2a Notes for original issue in an aggregate principal amount of $378,950,000, the Class A-2b Notes for original issue in an aggregate principal amount of $100,000,000273,450,000, the Class A-3 Notes for original issue in an aggregate principal amount of $493,900,000656,100,000, the Class A-4 Notes for original issue in an aggregate principal amount of $107,910,000 132,000,000 and the Class B Notes for original issue in an aggregate principal amount of $42,170,000, the Class C Notes for original issue in an 47,500,000. The aggregate principal amount of $39,910,000 and the Class D Notes for original issue in an aggregate principal amount of $27,110,000. The aggregate principal amounts of Class A-1 A‑1 Notes, the Class A-2a Notes, the Class A-2b A‑2b Notes, the Class A-3 Notes, the Class A-4 Notes, Notes and the Class B Notes, Class C Notes and Class D Notes outstanding at any time may not exceed those such respective amounts except as provided in Section 2.6. (d) Each Note shall be dated the date of its authentication2.05. The Class A Notes shall be issuable as registered Notes in minimum denominations of $5,000 1,000 and in integral multiples of $1,000 in excess thereof; provided, that the minimum amounts of any Retained Notes . Each Note shall be subject to dated the restrictions set forth in Section 2.15. (e) date of its authentication. No Note shall be entitled to any benefit under this Indenture or be valid or obligatory for any purpose purpose, unless there appears on such Note a certificate of authentication substantially in the form provided for herein included in Exhibit A-1, Exhibit A-2 or Exhibit A-3, as applicable, executed by the Indenture Trustee by the manual or facsimile signature of one of its authorized signatories, and such certificate upon any Note shall be conclusive evidence, and the only evidence, that such Note has been duly authenticated and delivered hereunder.

Execution, Authentication and Delivery. (a) The Notes shall be executed on behalf of the Issuer by any of its Authorized Officers. The signatures signature of any such Authorized Officer of the Issuer on the Notes may be manual or facsimile. (b) . Notes bearing the manual or facsimile signature of individuals who were at any time Authorized Officers of the Issuer shall bind the Issuer, notwithstanding whether any that such individuals or any of them have ceased to hold such offices prior to the authentication and delivery of such Notes or did not hold such offices on such at the date of authentication or date of delivery. (c) such Notes. The Indenture Trustee shall, shall upon Issuer Order, Request authenticate and deliver the Class A-1 Term Notes for original issue in an aggregate initial principal amount of $277,000,000, the Class A-2a 540,206,000 and Variable Pay Revolving Notes for original issue in an aggregate initial principal amount of $412,000,0002,714,603. The Class A-1 Notes, the Class A-2b A-2 Notes for original issue in and the Class A-3 Notes shall have an aggregate initial principal amount of $100,000,000210,000,000, the Class A-3 Notes for original issue in an aggregate principal amount of $493,900,000158,000,000 and $172,206,000, the Class A-4 Notes for original issue in an aggregate principal amount of $107,910,000 the Class B Notes for original issue in an aggregate principal amount of $42,170,000, the Class C Notes for original issue in an aggregate principal amount of $39,910,000 and the Class D Notes for original issue in an aggregate principal amount of $27,110,000respectively. The aggregate principal amounts of Class A-1 Notes, Class A-2a Notes, Class A-2b Notes, Class A-3 Notes, Class A-4 Notes, Class B Notes, Class C Notes and Class D Notes outstanding at any time may not exceed those respective amounts except as provided in Section 2.6. (d) Each Note shall be dated the date of its authentication. The Term Notes shall be issuable as registered Book-Entry Notes and the Variable Pay Revolving Notes shall be issued as Definitive Notes, and each of the Notes shall be issuable in minimum denominations of $5,000 25,000 and in integral multiples of $1,000 in excess thereof; provided, that . Each Class of the minimum amounts of any Retained Variable Pay Revolving Notes shall be subject issued as a single note. Each Class of Variable Pay Revolving Note issued pursuant to Section 2.03 shall be issued with an initial Note Balance equal to the restrictions set forth in Section 2.15. (e) outstanding Note Balance of the related Class of Term Notes as of the related Targeted Final Payment Date. No Note shall be entitled to any benefit under this Indenture or be valid or obligatory for any purpose purpose, unless there appears on such Note a certificate of authentication substantially in the form provided for herein executed by the Indenture Trustee by the manual signature of one of its authorized signatories, and such certificate upon any Note shall be conclusive evidence, and the only evidence, that such Note has been duly authenticated and delivered hereunder.

Execution, Authentication and Delivery. (a) The Notes shall be executed on behalf of the Issuer by any of its Authorized Officers. The signatures signature of any such Authorized Officer of the Issuer on the Notes may be manual or facsimile. (b) . Notes bearing the manual or facsimile signature of individuals who were at any time Authorized Officers of the Issuer shall bind the Issuer, notwithstanding whether any that such individuals or any of them have ceased to hold such offices prior to the authentication and delivery of such Notes or did not hold such offices on such at the date of authentication or date of delivery. (c) such Notes. The Indenture Trustee shall, shall upon Issuer Order, Order authenticate and deliver the Class A-1 Notes for original issue the Notes in an the following aggregate principal amount amounts: (i) $345,000,000 of Class A-1 Notes, (ii) $277,000,000495,000,000 of Class A-2 Notes, the Class A-2a Notes for original issue in an aggregate principal amount (iii) $489,000,000 of $412,000,000, the Class A-2b Notes for original issue in an aggregate principal amount of $100,000,000, the Class A-3 Notes for original issue in an aggregate principal amount and (iv) $101,264,000 of $493,900,000, the Class A-4 Notes for original issue in an aggregate principal amount of $107,910,000 the Class B Notes for original issue in an aggregate principal amount of $42,170,000, the Class C Notes for original issue in an aggregate principal amount of $39,910,000 and the Class D Notes for original issue in an aggregate principal amount of $27,110,000Notes. The aggregate principal amounts amount of Class A-1 Notes, Class A-2a Notes, Class A-2b A-2 Notes, Class A-3 Notes, Class A-4 Notes, Class B Notes, Class C Notes and Class D A-4 Notes outstanding at any time may not exceed those such respective amounts except as provided in Section 2.6. (d) 2.06. Each Note shall be dated the date of its authentication. The Notes shall be issuable as registered Notes notes in book-entry form in minimum denominations of $5,000 1,000 and in integral multiples of $1,000 in excess thereof; provided, however, that on the minimum amounts 2012-A Closing Date, one Class A-1 Note, one Class A-2 Note, one Class A-3 Note and one Class A-4 Note may be issued in a denomination that includes any remaining portion of any Retained Notes shall be subject to the restrictions set forth in Section 2.15. (e) Initial Class A-1 Note Balance, the Initial Class A-2 Note Balance, the Initial A-3 Note Balance and the Initial Class A-4 Note Balance, respectively. No Note shall be entitled to any benefit under this Indenture or be valid or obligatory for any purpose purpose, unless there appears on such Note a certificate of authentication substantially in the form provided for herein executed by the Indenture Trustee by the manual signature of one of its authorized signatories, and such certificate upon any Note shall be conclusive evidence, and the only evidence, that such Note has been duly authenticated and delivered hereunder.

Execution, Authentication and Delivery. (a) The Notes shall be executed on behalf of the Issuer by any of its Authorized Officers. The signatures signature of any such Authorized Officer of the Issuer on the Notes may be manual or facsimile. (b) . Notes bearing the manual or facsimile signature of individuals who were at any time Authorized Officers of the Issuer shall bind the Issuer, notwithstanding whether any that such individuals or any of them have ceased to hold such offices prior to the authentication and delivery of such Notes or did not hold such offices on such at the date of authentication or date of delivery. (c) such Notes. The Indenture Trustee shall, shall upon Issuer Order, Order authenticate and deliver the Class A-1 Notes for original issue in an aggregate principal amount of $277,000,000279,000,000, the Class A-2a Notes for original issue in an aggregate principal amount of $412,000,000280,000,000, the Class A-2b Notes for original issue in an aggregate principal amount of $100,000,000120,000,000, the Class A-3 Notes for original issue in an aggregate principal amount of $493,900,000462,000,000, the Class A-4 Notes for original issue in an aggregate principal amount of $107,910,000 87,900,000 and the Class B Notes for original issue use in an aggregate principal amount of $42,170,000, the Class C Notes for original issue in an 21,100,000. The aggregate principal amount of $39,910,000 and the Class D Notes for original issue in an aggregate principal amount of $27,110,000. The aggregate principal amounts of Class A-1 Notes, the Class A-2a Notes, the Class A-2b Notes, the Class A-3 Notes, the Class A-4 Notes, Notes and the Class B Notes, Class C Notes and Class D Notes outstanding at any time may not exceed those such respective amounts except as provided in Section 2.6. (d) Each Note shall be dated the date of its authentication2.05. The Notes shall be issuable as registered Notes in minimum denominations of $5,000 1,000 and in any integral multiples multiple of $1,000 in excess thereof; providedprovided that any Retained Notes, that if any, may, at the minimum amounts request of any the Depositor, be issued as Definitive Notes and the holder of such Retained Notes shall be subject a Note Owner and a Noteholder for all purposes of this Indenture. Each Note shall be dated the date of its authentication. No Note may be sold, pledged or otherwise transferred to the restrictions set forth any Person except in accordance with Section 2.15. (e) 2.04 and any attempted sale, pledge or transfer in violation of such Section shall be null and void. No Note shall be entitled to any benefit under this Indenture or be valid or obligatory for any purpose purpose, unless there appears on such Note a certificate of authentication substantially in the form provided for herein included in Exhibit A-1 or Exhibit A-2 hereto, as applicable, as the case may be, executed by the Indenture Trustee by the manual or facsimile signature of one of its authorized signatories, and such certificate upon any Note shall be conclusive evidence, and the only evidence, that such Note has been duly authenticated and delivered hereunder.

Execution, Authentication and Delivery. (a) The Notes shall be executed on behalf of the Issuer by any of its Authorized Officers. The signatures signature of any such Authorized Officer of the Issuer on the Notes may be manual or facsimile. (b) . Notes bearing the manual or facsimile signature of individuals who were at any time Authorized Officers of the Issuer shall bind the Issuer, notwithstanding whether any that such individuals or any of them have ceased to hold such offices prior to the authentication and delivery of such Notes or did not hold such offices on such at the date of authentication or date of delivery. (c) such Notes. The Indenture Trustee shall, shall upon Issuer Order, Order authenticate and deliver the Class A-1 A‑1 Notes for original issue in an aggregate principal amount of $277,000,000454,000,000, the Class A-2a A‑2a Notes for original issue in an aggregate principal amount of $412,000,000654,000,000, the Class A-2b Notes for original issue in an aggregate principal amount of $100,000,000106,000,000, the Class A-3 Notes for original issue in an aggregate principal amount of $493,900,000486,400,000, the Class A-4 Notes for original issue in an aggregate principal amount of $107,910,000 152,100,000 and the Class B Notes for original issue in an aggregate principal amount of $42,170,000, the Class C Notes for original issue in an 47,500,000. The aggregate principal amount of $39,910,000 and the Class D Notes for original issue in an aggregate principal amount of $27,110,000. The aggregate principal amounts of Class A-1 A‑1 Notes, the Class A-2a A‑2a Notes, the Class A-2b Notes, the Class A-3 Notes, the Class A-4 Notes, Notes and the Class B Notes, Class C Notes and Class D Notes outstanding at any time may not exceed those such respective amounts except as provided in Section 2.6. (d) Each Note shall be dated the date of its authentication2.05. The Notes shall be issuable as registered Notes in minimum denominations of $5,000 1,000 and in integral multiples of $1,000 in excess thereof; provided, that the minimum amounts of any Retained Notes . Each Note shall be subject to dated the restrictions set forth in Section 2.15. (e) date of its authentication. No Note shall be entitled to any benefit under this Indenture or be valid or obligatory for any purpose purpose, unless there appears on such Note a certificate of authentication substantially in the form provided for herein included in Exhibit ▇-▇, ▇▇▇▇▇▇▇ ▇-▇ or Exhibit A-3, as applicable, executed by the Indenture Trustee by the manual or facsimile signature of one of its authorized signatories, and such certificate upon any Note shall be conclusive evidence, and the only evidence, that such Note has been duly authenticated and delivered hereunder.

Execution, Authentication and Delivery. (a) The Notes shall be executed on behalf of the Issuer by any of its Authorized Officers. The signatures signature of any such Authorized Officer of the Issuer on the Notes may be manual or facsimile. (b) . Notes bearing the manual or facsimile signature of individuals who were at any time Authorized Officers of the Issuer shall bind the Issuer, notwithstanding whether any that such individuals or any of them have ceased to hold such offices prior to the authentication and delivery of such Notes or did not hold such offices on such at the date of authentication or date of delivery. (c) such Notes. The Indenture Trustee shall, shall upon Issuer Order, Order authenticate and deliver the Class A-1 Notes for original issue in an aggregate principal amount of $277,000,000270,000,000, the Class A-2a Notes for original issue in an aggregate principal amount of $412,000,000200,000,000, the Class A-2b Notes for original issue in an aggregate principal amount of $100,000,000290,000,000, the Class A-3 Notes for original issue in an aggregate principal amount of $493,900,000, 410,000,000 and the Class A-4 Notes for original issue in an aggregate principal amount of $107,910,000 the Class B Notes for original issue in an 132,710,000. The aggregate principal amount of $42,170,000, the Class C Notes for original issue in an aggregate principal amount of $39,910,000 and the Class D Notes for original issue in an aggregate principal amount of $27,110,000. The aggregate principal amounts of Class A-1 Notes, the Class A-2a A-2 Notes, Class A-2b Notes, the Class A-3 Notes, Notes and the Class A-4 Notes, Class B Notes, Class C Notes and Class D Notes outstanding at any time may not exceed those such respective amounts except as provided in Section 2.6. (d) Each Note shall be dated the date of its authentication2.05. The Notes shall be issuable as registered Notes in minimum denominations of $5,000 25,000 and in any integral multiples multiple of $1,000 in excess thereof; provided, provided that the minimum amounts of any Retained Notes shall be subject to issued as Definitive Notes and the restrictions set forth in Section 2.15. (e) holder of such Retained Notes shall be a Note Owner and a Noteholder for all purposes of this Indenture. Each Note shall be dated the date of its authentication. No Note shall be entitled to any benefit under this Indenture or be valid or obligatory for any purpose purpose, unless there appears on such Note a certificate of authentication substantially in the form provided for herein included in Exhibit A, as the case may be, executed by the Indenture Trustee by the manual 3 (Nissan 2015-B Indenture) or facsimile signature of one of its authorized signatories, and such certificate upon any Note shall be conclusive evidence, and the only evidence, that such Note has been duly authenticated and delivered hereunder.

Execution, Authentication and Delivery. (a) The Notes shall be executed on behalf of the Issuer by any of its Authorized Officers. The signatures signature of any such Authorized Officer of the Issuer on the Notes may be manual or facsimile. (b) . Notes bearing the manual or facsimile signature of individuals who were at any time Authorized Officers of the Issuer shall bind the Issuer, notwithstanding whether any that such individuals or any of them have ceased to hold such offices prior to the authentication and delivery of such Notes or did not hold such offices on such at the date of authentication or date of delivery. (c) such Notes. The Indenture Trustee shall, shall upon Issuer Order, Order authenticate and deliver the Class A-1 Notes for original issue in an aggregate principal amount of $277,000,000352,000,000, the Class A-2a Notes for original issue in an aggregate principal amount of $412,000,000219,500,000, the Class A-2b Notes for original issue in an aggregate principal amount of $100,000,000219,500,000, the Class A-3 Notes for original issue in an aggregate principal amount of $493,900,000376,000,000, and the Class A-4 Notes for original issue in an aggregate principal amount of $107,910,000 the Class B Notes for original issue in an 83,000,000. The aggregate principal amount of $42,170,000, the Class C Notes for original issue in an aggregate principal amount of $39,910,000 and the Class D Notes for original issue in an aggregate principal amount of $27,110,000. The aggregate principal amounts of Class A-1 Notes, the Class A-2a A-2 Notes, Class A-2b Notes, the Class A-3 Notes, Notes and the Class A-4 Notes, Class B Notes, Class C Notes and Class D Notes outstanding at any time may not exceed those such respective amounts except as provided in Section 2.6. (d) Each Note shall be dated the date of its authentication2.05. The Notes shall be issuable as registered Notes in minimum denominations of $5,000 1,000 and in any integral multiples multiple of $1,000 in excess thereof; provided, provided that the minimum amounts of any Retained Notes shall be subject to issued as Definitive Notes and the restrictions set forth in Section 2.15. (e) holder of such Retained Notes shall be a Note Owner and a Noteholder for all purposes of this Indenture. Each Note shall be dated the date of its authentication. No Note shall be entitled to any benefit under this Indenture or be valid or obligatory for any purpose purpose, unless there appears on such Note a certificate of authentication substantially in the form provided for herein included in Exhibit A, as the case may be, executed by the Indenture Trustee by the manual or facsimile signature of one of its authorized signatories, and such certificate upon any Note shall be conclusive evidence, and the only evidence, that such Note has been duly authenticated and delivered hereunder.. 3 (NAROT 2023-B Indenture)

Execution, Authentication and Delivery. (a) The Notes shall be executed on behalf of the Issuer by any of its Authorized Officers. The signatures signature of any such Authorized Officer of the Issuer on the Notes may be manual or facsimile. (b) . Notes bearing the manual or facsimile signature of individuals who were at any time Authorized Officers of the Issuer shall bind the Issuer, notwithstanding whether any that such individuals or any of them have ceased to hold such offices prior to the authentication and delivery of such Notes or did not hold such offices on such at the date of authentication or date of delivery. (c) such Notes. The Indenture Trustee shall, shall upon Issuer Order, Order authenticate and deliver the Class A-1 Notes for original issue in an aggregate principal amount of $277,000,000219,000,000, the Class A-2a A-2 Notes for original issue in an aggregate principal amount of $412,000,000, the Class A-2b Notes for original issue in an aggregate principal amount of $100,000,000330,000,000, the Class A-3 Notes for original issue in an aggregate principal amount of $493,900,000, 351,000,000 and the Class A-4 Notes for original issue in an aggregate principal amount of $107,910,000 the Class B Notes for original issue in an 100,000,000. The aggregate principal amount of $42,170,000, the Class C Notes for original issue in an aggregate principal amount of $39,910,000 and the Class D Notes for original issue in an aggregate principal amount of $27,110,000. The aggregate principal amounts of Class A-1 Notes, the Class A-2a A-2 Notes, Class A-2b Notes, the Class A-3 Notes, Notes and the Class A-4 Notes, Class B Notes, Class C Notes and Class D Notes outstanding at any time may not exceed those such respective amounts except as provided in Section 2.6. (d) Each Note shall be dated the date of its authentication2.05. The Notes shall be issuable as registered Notes in minimum denominations of $5,000 25,000 and in any integral multiples multiple of $1,000 in excess thereof; provided, provided that the minimum amounts of any Retained Notes shall be subject to issued as Definitive Notes and the restrictions set forth in Section 2.15. (e) holder of such Retained Notes shall be a Note Owner and a Noteholder for all purposes of this Indenture. Each Note shall be dated the date of its authentication. No Note shall be entitled to any benefit under this Indenture or be valid or obligatory for any purpose purpose, unless there appears on such Note a certificate of authentication substantially in the form provided for herein included in Exhibit A, as the case may be, executed by the Indenture Trustee by the manual or facsimile signature of one of its authorized signatories, and such certificate upon any Note shall be conclusive evidence, and the only evidence, that such Note has been duly authenticated and delivered hereunder.. 3 (Nissan 2014-A Indenture)

Execution, Authentication and Delivery. (a) The Notes shall be executed on behalf of the Issuer by any of its Authorized Officers. The signatures signature of any such Authorized Officer of the Issuer on the Notes may be manual or facsimile. (b) . Notes bearing the manual or facsimile signature of individuals who were at any time Authorized Officers of the Issuer shall bind the Issuer, notwithstanding whether any that such individuals or any of them have ceased to hold such offices prior to the authentication and delivery of such Notes or did not hold such offices on such at the date of authentication or date of delivery. (c) such Notes. The Indenture Trustee shall, shall upon an Issuer Order, Order authenticate and deliver the Class A-1 Notes for original issue in (i) an aggregate principal amount of $277,000,000162,400,000 with respect to the Class A-1 Notes, $82,000,000 with respect to the Class A-2 Notes, $113,000,000 with respect to the Class A-3 Notes, $105,000,000 with respect to the Class A-4 Notes, $94,000,000 with respect to the Class A-5 Notes, $30,200,000 with respect to the Class B Notes, and $31,400,000 with respect to the Class C Notes, and (ii) an aggregate Notional Amount of $94,000,000 with respect to the Class A-IO Notes. As of any date of determination, the Notional Amount of the Class A-2a A-IO Notes for original issue in an shall equal the aggregate principal amount of $412,000,000the Class A-5 Notes; provided, however after March 25, 2010, the Class A-2b Notes for original issue in an aggregate principal amount Notional Amount of $100,000,000, the Class A-3 A-IO Notes for original issue in an aggregate principal amount of shall equal $493,900,000, the Class A-4 Notes for original issue in an aggregate principal amount of $107,910,000 the Class B Notes for original issue in an aggregate principal amount of $42,170,000, the Class C Notes for original issue in an aggregate principal amount of $39,910,000 and the Class D Notes for original issue in an aggregate principal amount of $27,110,0000. The aggregate principal amounts of Class A-1 Notes, Class A-2a Notes, Class A-2b Notes, Class A-3 Notes, Class A-4 Notes, Class B Notes, Class C Notes and Class D Notes outstanding at any time may not exceed those respective amounts except as provided in Section 2.6. (d) Each Note shall be dated the date of its authentication. The Notes shall be issuable as registered Notes in minimum denominations (or in the case of the Class A-IO Notes, minimum Notional Amounts) of $5,000 50,000 and in integral multiples of $1,000 1 in excess thereof; provided, that the minimum amounts of any Retained Notes shall be subject to the restrictions set forth in Section 2.15. (e) . No Note shall be entitled to any benefit under this Indenture or be valid or obligatory for any purpose purpose, unless there appears on such Note a certificate of authentication substantially in the form provided for herein executed by the Indenture Trustee by the manual signature of one of its authorized signatories, and such certificate upon any Note shall be conclusive evidence, and the only evidence, that such Note has been duly authenticated and delivered hereunder.

Execution, Authentication and Delivery. (a) The Notes shall be executed on behalf of the Issuer by any of its Authorized Officers. The signatures of any such Authorized Officer of the Issuer on the Notes may be manual or facsimile. (b) Notes bearing the manual or facsimile signature of individuals who were at any time Authorized Officers of the Issuer shall bind the Issuer, notwithstanding whether any such individuals have ceased to hold such offices prior to the authentication and delivery of such Notes or did not hold such offices on such date of authentication or date of delivery. (c) The Indenture Trustee shall, upon Issuer Order, authenticate and deliver the Class A-1 Notes for original issue in an aggregate principal amount of $277,000,000297,000,000, the Class A-2a Notes for original issue in an aggregate principal amount of $412,000,000453,000,000, the Class A-2b Notes for original issue in an aggregate principal amount of $100,000,00070,000,000, the Class A-3 Notes for original issue in an aggregate principal amount of $493,900,000468,000,000, the Class A-4 Notes for original issue in an aggregate principal amount of $107,910,000 104,970,000, the Class B Notes for original issue in an aggregate principal amount of $42,170,00042,210,000, the Class C Notes for original issue in an aggregate principal amount of $39,910,000 35,430,000 and the Class D Notes for original issue in an aggregate principal amount of $27,110,00029,390,000. The aggregate principal amounts of Class A-1 Notes, Class A-2a Notes, Class A-2b Notes, Class A-3 Notes, Class A-4 Notes, Class B Notes, Class C Notes and Class D Notes outstanding at any time may not exceed those respective amounts except as provided in Section 2.6. (d) Each Note shall be dated the date of its authentication. The Notes shall be issuable as registered Notes in minimum denominations of $5,000 and in integral multiples of $1,000 in excess thereof; provided, that the minimum amounts of any Retained Notes shall be subject to the restrictions set forth in Section 2.15. (e) No Note shall be entitled to any benefit under this Indenture or be valid or obligatory for any purpose unless there appears on such Note a certificate of authentication substantially in the form provided for herein executed by the Indenture Trustee by the manual signature of one of its authorized signatories, and such certificate upon any Note shall be conclusive evidence, and the only evidence, that such Note has been duly authenticated and delivered hereunder.

Execution, Authentication and Delivery. (a) The Notes shall be executed on behalf of the Issuer by any of its Authorized Officers. The signatures signature of any such Authorized Officer of the Issuer on the Notes may be manual or facsimile. (b) . Notes bearing the manual or facsimile signature of individuals who were at any time Authorized Officers of the Issuer shall bind the Issuer, notwithstanding whether any that such individuals or any of them have ceased to hold such offices prior to the authentication and delivery of such Notes or did not hold such offices on such at the date of authentication or date of delivery. (c) such Notes. The Indenture Trustee shall, shall upon Issuer Order, Order authenticate and deliver the Class A-1 Notes for original issue in an aggregate principal amount of $277,000,000290,000,000, the Class A-2a A-2-A Notes for original issue in an aggregate principal amount of $412,000,000399,500,000, the Class A-2b A-2-B Notes for original issue in an aggregate principal amount of $100,000,000, the Class A-3 Notes for original issue in an aggregate principal amount of $493,900,000494,500,000, the Class A-4 Notes for original issue in an aggregate principal amount of $107,910,000 the 139,230,000, Class B Notes for original issue in an aggregate principal amount of $42,170,00027,640,000, the and Class C Notes for original issue in an aggregate principal amount of $39,910,000 and the Class D Notes for original issue in an aggregate principal amount of $27,110,00046,060,000. The aggregate principal amounts amount of Class A-1 Notes, Class A-2a A-2-A Notes, Class A-2b A-2-B Notes, Class A-3 Notes, Class A-4 Notes, Class B Notes, Class C Notes and Class D C Notes outstanding at any time may not exceed those such respective amounts except as provided in Section 2.6. (d) Each Note shall be dated the date of its authentication2.06. The Notes shall be issuable as registered Notes in minimum denominations of $5,000 1,000 and in integral multiples of $1,000 in excess thereof; provided, that the minimum amounts thereof (except for one Note of any Retained Notes shall each class which may be subject to the restrictions set forth issued in Section 2.15. (e) a denomination other than an integral multiple of $1,000). No Note shall be entitled to any benefit under this Indenture or be valid or obligatory for any purpose purpose, unless there appears on such Note a certificate of authentication substantially in the form provided for herein executed by the Indenture Trustee by the manual or facsimile signature of one of its authorized signatories, and such certificate upon any Note shall be conclusive evidence, and the only evidence, that such Note has been duly authenticated and delivered hereunder.