Common use of Letter of Credit Expiration Date Clause in Contracts

Letter of Credit Expiration Date. If prior to the date which is sixteen (16) Business Days prior to the then scheduled Series 2009-1 Letter of Credit Expiration Date with respect to any Series 2009-1 Letter of Credit, excluding the amount available to be drawn under such Series 2009-1 Letter of Credit but taking into account each substitute Series 2009-1 Letter of Credit which has been obtained from a Series 2009-1 Eligible Letter of Credit Provider and is in full force and effect on such date, (i) the Series 2009-1 Adjusted Enhancement Amount would be equal to or greater than the Series 2009-1 Required Enhancement Amount, (ii) the Series 2009-1 Adjusted Liquidity Amount would be equal to or greater than the Series 2009-1 Required Liquidity Amount, or (iii) the Series 2009-1 Letter of Credit Liquidity Amount would be equal to or greater than the Series 2009-1 Demand Note Payment Amount, then the Administrator shall notify the Trustee and the Administrative Agent in writing no later than fifteen (15) Business Days prior to such Series 2009-1 Letter of Credit Expiration Date of such determination. If prior to the date which is sixteen (16) Business Days prior to the then scheduled Series 2009-1 Letter of Credit Expiration Date with respect to any Series 2009-1 Letter of Credit, excluding such Series 2009-1 Letter of Credit but taking into account any substitute Series 2009-1 Letter of Credit which has been obtained from a Series 2009-1 Eligible Letter of Credit Provider and is in full force and effect on such date, (i) the Series 2009-1 Adjusted Enhancement Amount would be less than the Series 2009-1 Required Enhancement Amount, (ii) the Series 2009-1 Adjusted Liquidity Amount would be less than the Series 2009-1 Required Liquidity Amount, or (iii) the Series 2009-1 Letter of Credit Liquidity Amount would be less than the Series 2009-1 Demand Note Payment Amount, then the Administrator shall notify the Trustee and the Administrative Agent in writing no later than fifteen (15) Business Days prior to such Series 2009-1 Letter of Credit Expiration Date of (x) the greatest of (A) the excess, if any, of the Series 2009-1 Required Enhancement Amount over the Series 2009-1 Adjusted Enhancement Amount, excluding such Series 2009-1 Letter of Credit but taking into account any substitute Series 2009-1 Letter of Credit which has been obtained from a Series 2009-1 Eligible Letter of Credit Provider and is in full force and effect on such date, (B) the excess, if any, of the Series 2009-1 Required Liquidity Amount over the Series 2009-1 Adjusted Liquidity Amount, excluding such Series 2009-1 Letter of Credit but taking into account each substitute Series 2009-1 Letter of Credit which has been obtained from a Series 2009-1 Eligible Letter of Credit Provider and is in full force and effect on such date, and (C) the excess, if any, of the Series 2009-1 Demand Note Payment Amount over the Series 2009-1 Letter of Credit Liquidity Amount, excluding such Series 2009-1 Letter of Credit but taking into account each substitute Series 2009-1 Letter of Credit which has been obtained from a Series 2009-1 Eligible Letter of Credit Provider and is in full force and effect on such date, and (y) the amount available to be drawn on such expiring Series 2009-1 Letter of Credit on such date. Upon receipt of such notice by the Trustee on or prior to 10:30 a.m. (New York City time) on any Business Day, the Trustee shall, by 12:00 p.m. (New York City time) on such Business Day (or, in the case of any notice given to the Trustee after 10:30 a.m. (New York City time), by 12:00 p.m. (New York City time) on the next following Business Day), draw the lesser of the amounts set forth in clauses (x) and (y) above on such Series 2009-1 Letter of Credit by presenting a draft accompanied by a Series 2009-1 Certificate of Termination Demand and shall cause the Series 2009-1 LOC Termination Disbursements to be deposited in the Series 2009-1 Cash Collateral Account. If the Trustee does not receive the notice from the Administrator described above on or prior to the date that is fifteen (15) Business Days prior to each Series 2009-1 Letter of Credit Expiration Date, the Trustee shall, by 12:00 p.m. (New York City time) on such Business Day draw the full amount of such Series 2009-1 Letter of Credit by presenting a draft accompanied by a Series 2009-1 Certificate of Termination Demand and shall cause the Series 2009-1 LOC Termination Disbursements to be deposited in the applicable Series 2009-1 Cash Collateral Account.

Letter of Credit Expiration Date. If prior to the date which is sixteen (16) Business Days prior to the then scheduled Series 20092010-1 Letter of Credit Expiration Date with respect to any Series 20092010-1 Letter of Credit, excluding the amount available to be drawn under such Series 20092010-1 Letter of Credit but taking into account each substitute Series 20092010-1 Letter of Credit which has been obtained from a Series 20092010-1 Eligible Letter of Credit Provider and is in full force and effect on such date, (i) the Series 20092010-1 Adjusted Enhancement Amount would be equal to or greater than the Series 20092010-1 Required Enhancement Amount, (ii) the Series 20092010-1 Adjusted Liquidity Amount would be equal to or greater than the Series 20092010-1 Required Liquidity Amount, or (iii) the Series 20092010-1 Letter of Credit Liquidity Amount would be equal to or greater than the Series 20092010-1 Demand Note Payment Amount, then the Administrator shall notify the Trustee and the Administrative Agent in writing no later than fifteen (15) Business Days prior to such Series 20092010-1 Letter of Credit Expiration Date of such determination. If prior to the date which is sixteen (16) Business Days prior to the then scheduled Series 20092010-1 Letter of Credit Expiration Date with respect to any Series 20092010-1 Letter of Credit, excluding such Series 20092010-1 Letter of Credit but taking into account any substitute Series 20092010-1 Letter of Credit which has been obtained from a Series 20092010-1 Eligible Letter of Credit Provider and is in full force and effect on such date, (i) the Series 20092010-1 Adjusted Enhancement Amount would be less than the Series 20092010-1 Required Enhancement Amount, (ii) the Series 20092010-1 Adjusted Liquidity Amount would be less than the Series 20092010-1 Required Liquidity Amount, or (iii) the Series 20092010-1 Letter of Credit Liquidity Amount would be less than the Series 20092010-1 Demand Note Payment Amount, then the Administrator shall notify the Trustee and the Administrative Agent in writing no later than fifteen (15) Business Days prior to such Series 20092010-1 Letter of Credit Expiration Date of (x) the greatest of (A) the excess, if any, of the Series 20092010-1 Required Enhancement Amount over the Series 20092010-1 Adjusted Enhancement Amount, excluding such Series 20092010-1 Letter of Credit but taking into account any substitute Series 20092010-1 Letter of Credit which has been obtained from a Series 20092010-1 Eligible Letter of Credit Provider and is in full force and effect on such date, (B) the excess, if any, of the Series 20092010-1 Required Liquidity Amount over the Series 20092010-1 Adjusted Liquidity Amount, excluding such Series 20092010-1 Letter of Credit but taking into account each substitute Series 20092010-1 Letter of Credit which has been obtained from a Series 20092010-1 Eligible Letter of Credit Provider and is in full force and effect on such date, and (C) the excess, if any, of the Series 20092010-1 Demand Note Payment Amount over the Series 20092010-1 Letter of Credit Liquidity Amount, excluding such Series 20092010-1 Letter of Credit but taking into account each substitute Series 20092010-1 Letter of Credit which has been obtained from a Series 20092010-1 Eligible Letter of Credit Provider and is in full force and effect on such date, and (y) the amount available to be drawn on such expiring Series 20092010-1 Letter of Credit on such date. Upon receipt of such notice by the Trustee on or prior to 10:30 a.m. (New York City time) on any Business Day, the Trustee shall, by 12:00 p.m. (New York City time) on such Business Day (or, in the case of any notice given to the Trustee after 10:30 a.m. (New York City time), by 12:00 p.m. (New York City time) on the next following Business Day), draw the lesser of the amounts set forth in clauses (x) and (y) above on such Series 20092010-1 Letter of Credit by presenting a draft accompanied by a Series 20092010-1 Certificate of Termination Demand and shall cause the Series 20092010-1 LOC Termination Disbursements to be deposited in the Series 20092010-1 Cash Collateral Account. If the Trustee does not receive the notice from the Administrator described above on or prior to the date that is fifteen (15) Business Days prior to each Series 20092010-1 Letter of Credit Expiration Date, the Trustee shall, by 12:00 p.m. (New York City time) on such Business Day draw the full amount of such Series 20092010-1 Letter of Credit by presenting a draft accompanied by a Series 20092010-1 Certificate of Termination Demand and shall cause the Series 20092010-1 LOC Termination Disbursements to be deposited in the applicable Series 20092010-1 Cash Collateral Account.

Letter of Credit Expiration Date. If prior to the date which is sixteen (16) Business Days prior to the then scheduled Series 20092004-1 Letter of Credit Expiration Date with respect to any Series 20092004-1 Letter of Credit, excluding the amount available to be drawn under such Series 20092004-1 Letter of Credit but taking into account each substitute Series 20092004-1 Letter of Credit which has been obtained from a Series 20092004-1 Eligible Letter of Credit Provider Provider, and is in full force and effect on such date, (i) the Series 20092004-1 Adjusted Enhancement Amount would be equal to or greater than the Series 20092004-1 Required Enhancement Amount, (ii) the Series 20092004-1 Adjusted Liquidity Amount would be equal to or greater than the Series 20092004-1 Required Liquidity Amount, or and (iii) if the expiring Series 2004-1 Letter of Credit is a Series 2004-1 Non-Ford Letter of Credit, the Series 20092004-1 Non-Ford Letter of Credit Liquidity Amount would be equal to or greater than the Series 20092004-1 Demand Note Payment Amount, then the Administrator shall notify the Trustee and the Administrative Agent Insurer in writing no later than fifteen (15) Business Days prior to such Series 20092004-1 Letter of Credit Expiration Date of such determination. If prior to the date which is sixteen (16) Business Days prior to the then scheduled Series 20092004-1 Letter of Credit Expiration Date with respect to any Series 20092004-1 Letter of Credit, excluding such Series 20092004-1 Letter of Credit but taking into account any substitute Series 20092004-1 Letter of Credit which has been obtained from a Series 20092004-1 Eligible Letter of Credit Provider and is in full force and effect on such date, (i) the Series 20092004-1 Adjusted Enhancement Amount would be less than the Series 20092004-1 Required Enhancement Amount, (ii) the Series 20092004-1 Adjusted Liquidity Amount would be less than the Series 20092004-1 Required Liquidity Amount, Amount or (iii) if the expiring Series 2004-1 Letter of Credit is a Series 2004-1 Non-Ford Letter of Credit, the Series 20092004-1 Non-Ford Letter of Credit Liquidity Amount would be less than the Series 20092004-1 Demand Note Payment Amount, then the Administrator shall notify the Trustee and the Administrative Agent Insurer in writing no later than fifteen (15) Business Days prior to such Series 20092004-1 Letter of Credit Expiration Date of (x) the greatest of (A) the excess, if any, of the Series 20092004-1 Required Enhancement Amount over the Series 20092004-1 Adjusted Enhancement Amount, excluding such Series 20092004-1 Letter of Credit but taking into account any substitute Series 20092004-1 Letter of Credit which has been obtained from a Series 20092004-1 Eligible Letter of Credit Provider Provider, and is in full force and effect on such date, (B) the excess, if any, of the Series 20092004-1 Required Liquidity Amount over the Series 20092004-1 Adjusted Liquidity Amount, excluding such Series 20092004-1 Letter of Credit but taking into account each substitute Series 20092004-1 Letter of Credit which has been obtained from a Series 20092004-1 Eligible Letter of Credit Provider Provider, as applicable, and is in full force and effect on such date, date and (C) if the expiring Series 2004-1 Letter of Credit is a Series 2004-1 Non-Ford Letter of Credit, the excess, if any, of the Series 20092004-1 Demand Note Payment Amount over the Series 20092004-1 Non-Ford Letter of Credit Liquidity Amount, excluding such Series 20092004-1 Non-Ford Letter of Credit but taking into account each substitute Series 20092004-1 Non-Ford Letter of Credit which has been obtained from a Series 20092004-1 Eligible Letter of Credit Provider and is in full force and effect on such date, and (y) the amount available to be drawn on such expiring Series 20092004-1 Letter of Credit on such date. Upon receipt of such notice by the Trustee on or prior to 10:30 10:00 a.m. (New York City time) on any Business Day, the Trustee shall, by 12:00 1:00 p.m. (New York City time) on such Business Day (or, in the case of any notice given to the Trustee after 10:30 10:00 a.m. (New York City time), by 12:00 1:00 p.m. (New York City time) on the next following Business Day), draw the lesser of the amounts set forth in clauses (x) and (y) above on such Series 20092004-1 Letter of Credit by presenting a draft accompanied by a Series 2009-1 Certificate of Termination Demand and shall cause the Series 2009-1 LOC Termination Disbursements Disbursement to be deposited in the Series 20092004-1 Non-Ford Cash Collateral Account, in the case of a LOC Termination Disbursement under a Series 2004-1 Non-Ford Letter of Credit, and the Series 2004-1 Ford Cash Collateral Account, in the case of a LOC Termination Disbursement under a Series 2004-1 Ford Letter of Credit. If the Trustee does not receive the notice from the Administrator described above on or prior to the date that is fifteen (15) Business Days prior to each Series 20092004-1 Letter of Credit Expiration Date, the Trustee shall, by 12:00 1:00 p.m. (New York City time) on such Business Day draw the full amount of such Series 20092004-1 Letter of Credit by presenting a draft accompanied by a Series 2009-1 Certificate of Termination Demand and shall cause the Series 2009-1 LOC Termination Disbursements to be deposited in the applicable Series 20092004-1 Cash Collateral Account.

Letter of Credit Expiration Date. If prior to the date which is sixteen (16) Business Days prior to the then then-scheduled Series 20092010-1 Letter of Credit Expiration Date with respect to any Series 20092010-1 Letter of Credit, excluding the amount available to be drawn under such Series 20092010-1 Letter of Credit but taking into account each substitute Series 20092010-1 Letter of Credit which has been obtained from a Series 20092010-1 Eligible Letter of Credit Provider Provider, and is in full force and effect on such date, (i) the Series 20092010-1 Adjusted Enhancement Amount would be equal to or greater than the Series 20092010-1 Required Enhancement Amount, Amount and (ii) the Series 20092010-1 Adjusted Liquidity Amount would be equal to or greater than the Series 20092010-1 Required Liquidity Amount, or (iii) the Series 2009-1 Letter of Credit Liquidity Amount would be equal to or greater than the Series 2009-1 Demand Note Payment Amount, then the Administrator shall notify the Trustee and the Administrative Agent in writing no later than fifteen (15) Business Days prior to such Series 20092010-1 Letter of Credit Expiration Date of such determination. If prior to the date which is sixteen (16) Business Days prior to the then then-scheduled Series 20092010-1 Letter of Credit Expiration Date with respect to any Series 20092010-1 Letter of Credit, excluding such Series 20092010-1 Letter of Credit but taking into account any substitute Series 20092010-1 Letter of Credit which has been obtained from a Series 20092010-1 Eligible Letter of Credit Provider Provider, and is in full force and effect on such date, (i) the Series 20092010-1 Adjusted Enhancement Amount would be less than the Series 20092010-1 Required Enhancement Amount, Amount or (ii) the Series 20092010-1 Adjusted Liquidity Amount would be less than the Series 20092010-1 Required Liquidity Amount, or (iii) the Series 2009-1 Letter of Credit Liquidity Amount would be less than the Series 2009-1 Demand Note Payment Amount, then the Administrator shall notify the Trustee and the Administrative Agent in writing no later than fifteen (15) Business Days prior to such Series 20092010-1 Letter of Credit Expiration Date of (x) the greatest greater of (A) the excess, if any, of the Series 20092010-1 Required Enhancement Amount over the Series 20092010-1 Adjusted Enhancement Amount, excluding such Series 20092010-1 Letter of Credit but taking into account any substitute Series 20092010-1 Letter of Credit which has been obtained from a Series 20092010-1 Eligible Letter of Credit Provider Provider, and is in full force and effect on such date, date and (B) the excess, if any, of the Series 20092010-1 Required Liquidity Amount over the Series 20092010-1 Adjusted Liquidity Amount, excluding such Series 20092010-1 Letter of Credit but taking into account each substitute Series 20092010-1 Letter of Credit which has been obtained from a Series 20092010-1 Eligible Letter of Credit Provider and is in full force and effect on such dateProvider, and (C) the excess, if any, of the Series 2009-1 Demand Note Payment Amount over the Series 2009-1 Letter of Credit Liquidity Amount, excluding such Series 2009-1 Letter of Credit but taking into account each substitute Series 2009-1 Letter of Credit which has been obtained from a Series 2009-1 Eligible Letter of Credit Provider and is in full force and effect on such date, and (y) the amount available to be drawn on such expiring Series 20092010-1 Letter of Credit on such date. Upon receipt of such notice by the Trustee on or prior to 10:30 a.m. (New York City time) on any Business Day, the Trustee shall, by 12:00 p.m. (New York City time) on such Business Day (or, in the case of any notice given to the Trustee after 10:30 a.m. (New York City time), by 12:00 p.m. (New York City time) on the next following Business Day), draw the lesser of the amounts set forth in clauses (x) and (y) above on such Series 20092010-1 Letter of Credit by presenting a draft accompanied by a Series 20092010-1 Certificate of Termination Demand and shall cause the Series 20092010-1 LOC Termination Disbursements to be deposited in the applicable Series 20092010-1 Cash Collateral Account. If the Trustee does not receive the notice from the Administrator described above on or prior to the date that is fifteen (15) Business Days prior to each Series 20092010-1 Letter of Credit Expiration Date, the Trustee shall, by 12:00 p.m. (New York City time) on such Business Day draw the full amount of such Series 20092010-1 Letter of Credit by presenting a draft accompanied by a Series 20092010-1 Certificate of Termination Demand and shall cause the Series 20092010-1 LOC Termination Disbursements to be deposited in the applicable Series 20092010-1 Cash Collateral Account.

Letter of Credit Expiration Date. If prior to the date which is sixteen ten (1610) Business Days days prior to the then scheduled then‑scheduled Series 20092019-1 2 Letter of Credit Expiration Date with respect to any Series 20092019-1 2 Letter of Credit, excluding the amount available to be drawn under such Series 20092019-1 2 Letter of Credit but taking into account each substitute Series 20092019-1 2 Letter of Credit which has been obtained from a Series 20092019-1 2 Eligible Letter of Credit Provider and is in full force and effect on such date, (i) the Series 20092019-1 Adjusted 2 Enhancement Amount would be equal to or greater more than the Series 20092019-1 2 Required Enhancement Amount, (ii) Amount and the Series 20092019-1 Adjusted 2 Liquidity Amount would be equal to or greater than the Series 20092019-1 2 Required Liquidity Amount, or (iii) the Series 2009-1 Letter of Credit Liquidity Amount would be equal to or greater than the Series 2009-1 Demand Note Payment Amount, then the Administrator shall notify the Trustee and the Administrative Agent in writing no later than fifteen two (152) Business Days prior to such Series 20092019-1 2 Letter of Credit Expiration Date of such determination. If prior to the date which is sixteen ten (1610) Business Days days prior to the then scheduled then‑scheduled Series 20092019-1 2 Letter of Credit Expiration Date with respect to any Series 20092019-1 2 Letter of Credit, excluding the amount available to be drawn under such Series 20092019-1 2 Letter of Credit but taking into account any a substitute Series 20092019-1 2 Letter of Credit which has been obtained from a Series 20092019-1 2 Eligible Letter of Credit Provider and is in full force and effect on such date, (i) the Series 20092019-1 Adjusted 2 Enhancement Amount would be less than the Series 20092019-1 2 Required Enhancement Amount, (ii) Amount or the Series 20092019-1 Adjusted 2 Liquidity Amount would be less than the Series 20092019-1 2 Required Liquidity Amount, or (iii) the Series 2009-1 Letter of Credit Liquidity Amount would be less than the Series 2009-1 Demand Note Payment Amount, then the Administrator shall notify the Trustee and the Administrative Agent in writing no later than fifteen two (152) Business Days prior to such Series 20092019-1 2 Letter of Credit Expiration Date of (x) the greatest greater of (A) the excess, if any, of the Series 20092019-1 2 Required Enhancement Amount over the Series 20092019-1 Adjusted 2 Enhancement Amount, excluding the available amount under such expiring Series 20092019-1 2 Letter of Credit but taking into account any substitute Series 20092019-1 2 Letter of Credit which has been obtained from a Series 20092019-1 2 Eligible Letter of Credit Provider and is in full force and effect effect, on such date, and (B) the excess, if any, of the Series 20092019-1 2 Required Liquidity Amount over the Series 20092019-1 Adjusted 2 Liquidity Amount, excluding the available amount under such expiring Series 20092019-1 2 Letter of Credit but taking into account each any substitute Series 20092019-1 2 Letter of Credit which has been obtained from a Series 20092019-1 2 Eligible Letter of Credit Provider and is in full force and effect on such dateeffect, and (C) the excess, if any, of the Series 2009-1 Demand Note Payment Amount over the Series 2009-1 Letter of Credit Liquidity Amount, excluding such Series 2009-1 Letter of Credit but taking into account each substitute Series 2009-1 Letter of Credit which has been obtained from a Series 2009-1 Eligible Letter of Credit Provider and is in full force and effect on such date, and (y) the amount available to be drawn on such expiring Series 20092019-1 2 Letter of Credit on such date. Upon receipt of such notice by the Trustee on or prior to 10:30 10:00 a.m. (New York City time) on any Business Day, the Trustee shall, by 12:00 p.m. noon (New York City time) on such Business Day (or, in the case of any notice given to the Trustee after 10:30 10:00 a.m. (New York City time), by 12:00 p.m. noon (New York City time) on the next following Business Day), draw the lesser of the amounts set forth in clauses (x) and (y) above on such expiring Series 20092019-1 2 Letter of Credit by presenting a draft accompanied by a Series 2009-1 Certificate of Termination Demand and shall cause the Series 2009-1 LOC Termination Disbursements Disbursement to be deposited in the Series 20092019-1 2 Cash Collateral Account. If the Trustee does not receive the notice from the Administrator described above in the first paragraph of this Section 2.8(b) on or prior to the date that is fifteen two (152) Business Days prior to each Series 20092019-1 2 Letter of Credit Expiration Date, the Trustee shall, by 12:00 p.m. noon (New York City time) on such Business Day draw the full amount of such Series 20092019-1 2 Letter of Credit by presenting a draft accompanied by a Series 2009-1 Certificate of Termination Demand and shall cause the Series 2009-1 LOC Termination Disbursements Disbursement to be deposited in the applicable Series 20092019-1 2 Cash Collateral Account.

Letter of Credit Expiration Date. If prior to the date which is sixteen ten (1610) Business Days days prior to the then scheduled then‑scheduled Series 20092017-1 2 Letter of Credit Expiration Date with respect to any Series 20092017-1 2 Letter of Credit, excluding the amount available to be drawn under such Series 20092017-1 2 Letter of Credit but taking into account each substitute Series 20092017-1 2 Letter of Credit which has been obtained from a Series 20092017-1 2 Eligible Letter of Credit Provider and is in full force and effect on such date, (i) the Series 20092017-1 Adjusted 2 Enhancement Amount would be equal to or greater more than the Series 20092017-1 2 Required Enhancement Amount, (ii) Amount and the Series 20092017-1 Adjusted 2 Liquidity Amount would be equal to or greater than the Series 20092017-1 2 Required Liquidity Amount, or (iii) the Series 2009-1 Letter of Credit Liquidity Amount would be equal to or greater than the Series 2009-1 Demand Note Payment Amount, then the Administrator shall notify the Trustee and the Administrative Agent in writing no later than fifteen two (152) Business Days prior to such Series 20092017-1 2 Letter of Credit Expiration Date of such determination. If prior to the date which is sixteen ten (1610) Business Days days prior to the then scheduled then‑scheduled Series 20092017-1 2 Letter of Credit Expiration Date with respect to any Series 20092017-1 2 Letter of Credit, excluding the amount available to be drawn under such Series 20092017-1 2 Letter of Credit but taking into account any a substitute Series 20092017-1 2 Letter of Credit which has been obtained from a Series 20092017-1 2 Eligible Letter of Credit Provider and is in full force and effect on such date, (i) the Series 20092017-1 Adjusted 2 Enhancement Amount would be less than the Series 20092017-1 2 Required Enhancement Amount, (ii) Amount or the Series 20092017-1 Adjusted 2 Liquidity Amount would be less than the Series 20092017-1 2 Required Liquidity Amount, or (iii) the Series 2009-1 Letter of Credit Liquidity Amount would be less than the Series 2009-1 Demand Note Payment Amount, then the Administrator shall notify the Trustee and the Administrative Agent in writing no later than fifteen two (152) Business Days prior to such Series 20092017-1 2 Letter of Credit Expiration Date of (x) the greatest greater of (A) the excess, if any, of the Series 20092017-1 2 Required Enhancement Amount over the Series 20092017-1 Adjusted 2 Enhancement Amount, excluding the available amount under such expiring Series 20092017-1 2 Letter of Credit but taking into account any substitute Series 20092017-1 2 Letter of Credit which has been obtained from a Series 20092017-1 2 Eligible Letter of Credit Provider and is in full force and effect effect, on such date, and (B) the excess, if any, of the Series 20092017-1 2 Required Liquidity Amount over the Series 20092017-1 Adjusted 2 Liquidity Amount, excluding the available amount under such expiring Series 20092017-1 2 Letter of Credit but taking into account each any substitute Series 20092017-1 2 Letter of Credit which has been obtained from a Series 20092017-1 2 Eligible Letter of Credit Provider and is in full force and effect on such dateeffect, and (C) the excess, if any, of the Series 2009-1 Demand Note Payment Amount over the Series 2009-1 Letter of Credit Liquidity Amount, excluding such Series 2009-1 Letter of Credit but taking into account each substitute Series 2009-1 Letter of Credit which has been obtained from a Series 2009-1 Eligible Letter of Credit Provider and is in full force and effect on such date, and (y) the amount available to be drawn on such expiring Series 20092017-1 2 Letter of Credit on such date. Upon receipt of such notice by the Trustee on or prior to 10:30 10:00 a.m. (New York City AMERICAS 93983148 (2K) 44 time) on any Business Day, the Trustee shall, by 12:00 p.m. noon (New York City time) on such Business Day (or, in the case of any notice given to the Trustee after 10:30 10:00 a.m. (New York City time), by 12:00 p.m. noon (New York City time) on the next following Business Day), draw the lesser of the amounts set forth in clauses (x) and (y) above on such expiring Series 20092017-1 2 Letter of Credit by presenting a draft accompanied by a Series 2009-1 Certificate of Termination Demand and shall cause the Series 2009-1 LOC Termination Disbursements Disbursement to be deposited in the Series 20092017-1 2 Cash Collateral Account. If the Trustee does not receive the notice from the Administrator described above in the first paragraph of this Section 2.8(b) on or prior to the date that is fifteen two (152) Business Days prior to each Series 20092017-1 2 Letter of Credit Expiration Date, the Trustee shall, by 12:00 p.m. noon (New York City time) on such Business Day draw the full amount of such Series 20092017-1 2 Letter of Credit by presenting a draft accompanied by a Series 2009-1 Certificate of Termination Demand and shall cause the Series 2009-1 LOC Termination Disbursements Disbursement to be deposited in the applicable Series 20092017-1 2 Cash Collateral Account.

Letter of Credit Expiration Date. If prior to the date which is sixteen ten (1610) Business Days days prior to the then scheduled then‑scheduled Series 20092017-1 Letter of Credit Expiration Date with respect to any Series 20092017-1 Letter of Credit, excluding the amount available to be drawn under such Series 20092017-1 Letter of Credit but taking into account each substitute Series 20092017-1 Letter of Credit which has been obtained from a Series 20092017-1 Eligible Letter of Credit Provider and is in full force and effect on such date, (i) the Series 20092017-1 Adjusted Enhancement Amount would be equal to or greater more than the Series 20092017-1 Required Enhancement Amount, (ii) Amount and the Series 20092017-1 Adjusted Liquidity Amount would be equal to or greater than the Series 20092017-1 Required Liquidity Amount, or (iii) the Series 2009-1 Letter of Credit Liquidity Amount would be equal to or greater than the Series 2009-1 Demand Note Payment Amount, then the Administrator shall notify the Trustee and the Administrative Agent in writing no later than fifteen two (152) Business Days prior to such Series 20092017-1 Letter of Credit Expiration Date of such determination. If prior to the date which is sixteen ten (1610) Business Days days prior to the then scheduled then‑scheduled Series 20092017-1 Letter of Credit Expiration Date with respect to any Series 20092017-1 Letter of Credit, excluding the amount available to be drawn under such Series 20092017-1 Letter of Credit but taking into account any a substitute Series 20092017-1 Letter of Credit which has been obtained from a Series 20092017-1 Eligible Letter of Credit Provider and is in full force and effect on such date, (i) the Series 20092017-1 Adjusted Enhancement Amount would be less than the Series 20092017-1 Required Enhancement Amount, (ii) Amount or the Series 20092017-1 Adjusted Liquidity Amount would be less than the Series 20092017-1 Required Liquidity Amount, or (iii) the Series 2009-1 Letter of Credit Liquidity Amount would be less than the Series 2009-1 Demand Note Payment Amount, then the Administrator shall notify the Trustee and the Administrative Agent in writing no later than fifteen two (152) Business Days prior to such Series 20092017-1 Letter of Credit Expiration Date of (x) the greatest greater of (A) the excess, if any, of the Series 20092017-1 Required Enhancement Amount over the Series 20092017-1 Adjusted Enhancement Amount, excluding the available amount under such expiring Series 20092017-1 Letter of Credit but taking into account any substitute Series 20092017-1 Letter of Credit which has been obtained from a Series 20092017-1 Eligible Letter of Credit Provider and is in full force and effect effect, on such date, and (B) the excess, if any, of the Series 20092017-1 Required Liquidity Amount over the Series 20092017-1 Adjusted Liquidity Amount, excluding the available amount under such expiring Series 20092017-1 Letter of Credit but taking into account each any substitute Series 20092017-1 Letter of Credit which has been obtained from a Series 20092017-1 Eligible Letter of Credit Provider and is in full force and effect on such dateeffect, and (C) the excess, if any, of the Series 2009-1 Demand Note Payment Amount over the Series 2009-1 Letter of Credit Liquidity Amount, excluding such Series 2009-1 Letter of Credit but taking into account each substitute Series 2009-1 Letter of Credit which has been obtained from a Series 2009-1 Eligible Letter of Credit Provider and is in full force and effect on such date, and (y) the amount available to be drawn on such expiring Series 20092017-1 Letter of Credit on such date. Upon receipt of such notice by the Trustee on or prior to 10:30 10:00 a.m. (New York City time) on any Business Day, the Trustee shall, by 12:00 p.m. noon (New York City time) on such Business Day (or, in the case of any notice given to the Trustee after 10:30 10:00 a.m. (New York City time), by 12:00 p.m. noon (New York City time) on the next following Business Day), draw the lesser of the amounts set forth in clauses (x) and (y) above on such expiring Series 20092017-1 Letter of Credit by presenting a draft accompanied by a Series 2009-1 Certificate of Termination Demand and shall cause the Series 2009-1 LOC Termination Disbursements Disbursement to be deposited in the Series 20092017-1 Cash Collateral Account. If the Trustee does not receive the notice from the Administrator described above in the first paragraph of this Section 2.8(b) on or prior to the date that is fifteen two (152) Business Days prior to each Series 20092017-1 Letter of Credit Expiration Date, the Trustee shall, by 12:00 p.m. noon (New York City time) on such Business Day draw the full amount of such Series 20092017-1 Letter of Credit by presenting a draft accompanied by a Series 2009-1 Certificate of Termination Demand and shall cause the Series 2009-1 LOC Termination Disbursements Disbursement to be deposited in the applicable Series 20092017-1 Cash Collateral Account.

Letter of Credit Expiration Date. If prior to the date which is sixteen ten (1610) Business Days days prior to the then scheduled Series 20092015-1 3 Letter of Credit Expiration Date with respect to any Series 20092015-1 3 Letter of Credit, excluding the amount available to be drawn under such Series 20092015-1 3 Letter of Credit but taking into account each substitute Series 20092015-1 3 Letter of Credit which has been obtained from a Series 20092015-1 3 Eligible Letter of Credit Provider and is in full force and effect on such date, (i) the Series 20092015-1 Adjusted 3 Enhancement Amount would be equal to or greater more than the Series 20092015-1 3 Required Enhancement Amount, (ii) Amount and the Series 20092015-1 Adjusted 3 Liquidity Amount would be equal to or greater than the Series 20092015-1 3 Required Liquidity Amount, or (iii) the Series 2009-1 Letter of Credit Liquidity Amount would be equal to or greater than the Series 2009-1 Demand Note Payment Amount, then the Administrator shall notify the Trustee and the Administrative Agent in writing no later than fifteen (15) two Business Days prior to such Series 20092015-1 3 Letter of Credit Expiration Date of such determination. If prior to the date which is sixteen ten (1610) Business Days days prior to the then scheduled Series 20092015-1 3 Letter of Credit Expiration Date with respect to any Series 20092015-1 3 Letter of Credit, excluding the amount available to be drawn under such Series 20092015-1 3 Letter of 77 Credit but taking into account any each substitute Series 20092015-1 3 Letter of Credit which has been obtained from a Series 20092015-1 3 Eligible Letter of Credit Provider and is in full force and effect on such date, (i) the Series 20092015-1 Adjusted 3 Enhancement Amount would be less than the Series 20092015-1 3 Required Enhancement Amount, (ii) Amount or the Series 20092015-1 Adjusted 3 Liquidity Amount would be less than the Series 20092015-1 3 Required Liquidity Amount, or (iii) the Series 2009-1 Letter of Credit Liquidity Amount would be less than the Series 2009-1 Demand Note Payment Amount, then the Administrator shall notify the Trustee and the Administrative Agent in writing no later than fifteen (15) two Business Days prior to such Series 20092015-1 3 Letter of Credit Expiration Date of (x) the greatest greater of (A) the excess, if any, of the Series 20092015-1 3 Required Enhancement Amount over the Series 20092015-1 Adjusted 3 Enhancement Amount, excluding the available amount under such expiring Series 20092015-1 3 Letter of Credit but taking into account any substitute Series 20092015-1 3 Letter of Credit which has been obtained from a Series 20092015-1 3 Eligible Letter of Credit Provider and is in full force and effect effect, on such date, and (B) the excess, if any, of the Series 20092015-1 3 Required Liquidity Amount over the Series 20092015-1 Adjusted 3 Liquidity Amount, excluding the available amount under such expiring Series 20092015-1 3 Letter of Credit but taking into account each any substitute Series 20092015-1 3 Letter of Credit which has been obtained from a Series 20092015-1 3 Eligible Letter of Credit Provider and is in full force and effect on such dateeffect, and (C) the excess, if any, of the Series 2009-1 Demand Note Payment Amount over the Series 2009-1 Letter of Credit Liquidity Amount, excluding such Series 2009-1 Letter of Credit but taking into account each substitute Series 2009-1 Letter of Credit which has been obtained from a Series 2009-1 Eligible Letter of Credit Provider and is in full force and effect on such date, and (y) the amount available to be drawn on such expiring Series 20092015-1 3 Letter of Credit on such date. Upon receipt of such notice by the Trustee on or prior to 10:30 10:00 a.m. (New York City time) on any Business Day, the Trustee shall, by 12:00 p.m. noon (New York City time) on such Business Day (or, in the case of any notice given to the Trustee after 10:30 10:00 a.m. (New York City time), by 12:00 p.m. noon (New York City time) on the next following Business Day), draw the lesser of the amounts set forth in clauses (x) and (y) above on such expiring Series 20092015-1 3 Letter of Credit by presenting a draft accompanied by a Series 2009-1 Certificate of Termination Demand and shall cause the Series 2009-1 LOC Termination Disbursements Disbursement to be deposited in the Series 20092015-1 3 Cash Collateral Account. If the Trustee does not receive the notice from the Administrator described above in the first paragraph of this Section 3.8(b) on or prior to the date that is fifteen (15) two Business Days prior to each Series 20092015-1 3 Letter of Credit Expiration Date, the Trustee shall, by 12:00 p.m. noon (New York City time) on such Business Day draw the full amount of such Series 20092015-1 3 Letter of Credit by presenting a draft accompanied by a Series 2009-1 Certificate of Termination Demand and shall cause the Series 2009-1 LOC Termination Disbursements Disbursement to be deposited in the applicable Series 20092015-1 3 Cash Collateral Account.

Letter of Credit Expiration Date. If prior to the date which is sixteen (16) Business Days prior to the then scheduled Series 20092010-1 2 Letter of Credit Expiration Date with respect to any Series 20092010-1 2 Letter of Credit, excluding the amount available to be drawn under such Series 20092010-1 2 Letter of Credit but taking into account each substitute Series 20092010-1 2 Letter of Credit which has been obtained from a Series 20092010-1 2 Eligible Letter of Credit Provider and is in full force and effect on such date, (i) the Series 20092010-1 2 Adjusted Enhancement Amount would be equal to or greater than the Series 20092010-1 2 Required Enhancement Amount, (ii) the Series 20092010-1 2 Adjusted Liquidity Amount would be equal to or greater than the Series 20092010-1 2 Required Liquidity Amount, or (iii) the Series 20092010-1 2 Letter of Credit Liquidity Amount would be equal to or greater than the Series 20092010-1 2 Demand Note Payment Amount, then the Series 2010-2 Administrator shall notify the Trustee and the Administrative Agent in writing no later than fifteen (15) Business Days prior to such Series 20092010-1 2 Letter of Credit Expiration Date of such determination. If prior to the date which is sixteen (16) Business Days prior to the then scheduled Series 20092010-1 2 Letter of Credit Expiration Date with respect to any Series 20092010-1 2 Letter of Credit, excluding such Series 20092010-1 2 Letter of Credit but taking into account any substitute Series 20092010-1 2 Letter of Credit which has been obtained from a Series 20092010-1 2 Eligible Letter of Credit Provider and is in full force and effect on such date, (i) the Series 20092010-1 Adjusted Enhancement 2 Aggregate Asset Amount would be less than the Series 20092010-1 2 Required Enhancement AmountXxxxx 000 Xxxxxx, (iixx) the Series 20092010-1 2 Adjusted Liquidity Amount would be less than the Series 20092010-1 2 Required Liquidity Amount, or (iii) the Series 20092010-1 2 Letter of Credit Liquidity Amount would be less than the Series 20092010-1 2 Demand Note Payment Amount, then the Series 2010-2 Administrator shall notify the Trustee and the Administrative Agent in writing no later than fifteen (15) Business Days prior to such Series 20092010-1 2 Letter of Credit Expiration Date of (x) the greatest of (A) the excess, if any, of the Series 20092010-1 2 Required Enhancement Asset Amount over the Series 20090000-1 Adjusted Enhancement 0 Xxxxxxxxx Asset Amount, excluding such Series 20092010-1 2 Letter of Credit but taking into account any substitute Series 20092010-1 2 Letter of Credit which has been obtained from a Series 20092010-1 2 Eligible Letter of Credit Provider and is in full force and effect on such date, (B) the excess, if any, of the Series 20092010-1 2 Required Liquidity Amount over the Series 20092010-1 2 Adjusted Liquidity Amount, excluding such Series 20092010-1 2 Letter of Credit but taking into account each substitute Series 20092010-1 2 Letter of Credit which has been obtained from a Series 20092010-1 2 Eligible Letter of Credit Provider and is in full force and effect on such date, and (C) the excess, if any, of the Series 20092010-1 2 Demand Note Payment Amount over the Series 20092010-1 2 Letter of Credit Liquidity Amount, excluding such Series 20092010-1 2 Letter of Credit but taking into account each substitute Series 20092010-1 2 Letter of Credit which has been obtained from a Series 20092010-1 2 Eligible Letter of Credit Provider and is in full force and effect on such date, and (y) the amount available to be drawn on such expiring Series 20092010-1 2 Letter of Credit on such date. Upon receipt of such notice by the Trustee on or prior to 10:30 a.m. (New York City time) on any Business Day, the Trustee shall, by 12:00 p.m. (New York City time) on such Business Day (or, in the case of any notice given to the Trustee after 10:30 a.m. (New York City time), by 12:00 p.m. (New York City time) on the next following Business Day), draw the lesser of the amounts set forth in clauses (x) and (y) above on such Series 20092010-1 2 Letter of Credit by presenting a draft accompanied by a Series 20092010-1 2 Certificate of Termination Demand and shall cause the Series 20092010-1 2 LOC Termination Disbursements to be deposited in the Series 20092010-1 2 Cash Collateral Account. If the Trustee does not receive the notice from the Series 2010-2 Administrator described above on or prior to the date that is fifteen (15) Business Days prior to each Series 20092010-1 2 Letter of Credit Expiration Date, the Trustee shall, by 12:00 p.m. (New York City time) on such Business Day draw the full amount of such Series 20092010-1 2 Letter of Credit by presenting a draft accompanied by a Series 20092010-1 2 Certificate of Termination Demand and shall cause the Series 20092010-1 2 LOC Termination Disbursements to be deposited in the applicable Series 20092010-1 2 Cash Collateral Account.

Letter of Credit Expiration Date. If prior to the date which is sixteen ten (1610) Business Days days prior to the then scheduled then‑scheduled Series 20092015-1 Letter of Credit Expiration Date with respect to any Series 20092015-1 Letter of Credit, excluding the amount available to be drawn under such Series 20092015-1 Letter of Credit but taking into account each substitute Series 20092015-1 Letter of Credit which has been obtained from a Series 20092015-1 Eligible Letter of Credit Provider and is in full force and effect on such date, (i) the Series 20092015-1 Adjusted Enhancement Amount would be equal to or greater more than the Series 20092015-1 Required Enhancement Amount, (ii) Amount and the Series 20092015-1 Adjusted Liquidity Amount would be equal to or greater than the Series 20092015-1 Required Liquidity Amount, or (iii) the Series 2009-1 Letter of Credit Liquidity Amount would be equal to or greater than the Series 2009-1 Demand Note Payment Amount, then the Administrator shall notify the Trustee and the Administrative Agent in writing no later than fifteen two (152) Business Days prior to such Series 20092015-1 Letter of Credit Expiration Date of such determination. If prior to the date which is sixteen ten (1610) Business Days days prior to the then scheduled then‑scheduled Series 20092015-1 Letter of Credit Expiration Date with respect to any Series 20092015-1 Letter of Credit, excluding the amount available to be drawn under such Series 20092015-1 Letter of Credit but taking into account any a substitute Series 20092015-1 Letter of Credit which has been obtained from a Series 20092015-1 Eligible Letter of Credit Provider and is in full force and effect on such date, (i) the Series 20092015-1 Adjusted Enhancement Amount would be less than the Series 20092015-1 Required Enhancement Amount, (ii) Amount or the Series 20092015-1 Adjusted Liquidity Amount would be less than the Series 20092015-1 Required Liquidity Amount, or (iii) the Series 2009-1 Letter of Credit Liquidity Amount would be less than the Series 2009-1 Demand Note Payment Amount, then the Administrator shall notify the Trustee and the Administrative Agent in writing no later than fifteen two (152) Business Days prior to such Series 20092015-1 Letter of Credit Expiration Date of (x) the greatest greater of (A) the excess, if any, of the Series 20092015-1 Required Enhancement Amount over the Series 20092015-1 Adjusted Enhancement Amount, excluding the available amount under such expiring Series 20092015-1 Letter of Credit but taking into account any substitute Series 20092015-1 Letter of Credit which has been obtained from a Series 20092015-1 Eligible Letter of Credit Provider and is in full force and effect effect, on such date, and (B) the excess, if any, of the Series 20092015-1 Required Liquidity Amount over the Series 20092015-1 Adjusted Liquidity Amount, excluding the available amount under such expiring Series 20092015-1 Letter of Credit but taking into account each any substitute Series 20092015-1 Letter of Credit which has been obtained from a Series 20092015-1 Eligible Letter of Credit Provider and is in full force and effect on such dateeffect, and (C) the excess, if any, of the Series 2009-1 Demand Note Payment Amount over the Series 2009-1 Letter of Credit Liquidity Amount, excluding such Series 2009-1 Letter of Credit but taking into account each substitute Series 2009-1 Letter of Credit which has been obtained from a Series 2009-1 Eligible Letter of Credit Provider and is in full force and effect on such date, and (y) the amount available to be drawn on such expiring Series 20092015-1 Letter of Credit on such date. Upon receipt of such notice by the Trustee on or prior to 10:30 10:00 a.m. (New York City time) on any Business Day, the Trustee shall, by 12:00 p.m. noon (New York City time) on such Business Day (or, in the case of any notice given to the Trustee after 10:30 10:00 a.m. (New York City time), by 12:00 p.m. noon (New York City time) on the next following Business Day), draw the lesser of the amounts set forth in clauses (x) and (y) above on such expiring Series 20092015-1 Letter of Credit by presenting a draft accompanied by a Series 2009-1 Certificate of Termination Demand and shall cause the Series 2009-1 LOC Termination Disbursements Disbursement to be deposited in the Series 20092015-1 Cash Collateral Account. If the Trustee does not receive the notice from the Administrator described above in the first paragraph of this Section 2.8(b) on or prior to the date that is fifteen two (152) Business Days prior to each Series 20092015-1 Letter of Credit Expiration Date, the Trustee shall, by 12:00 p.m. noon (New York City time) on such Business Day draw the full amount of such Series 20092015-1 Letter of Credit by presenting a draft accompanied by a Series 2009-1 Certificate of Termination Demand and shall cause the Series 2009-1 LOC Termination Disbursements Disbursement to be deposited in the applicable Series 20092015-1 Cash Collateral Account.

Letter of Credit Expiration Date. If prior to the date which is sixteen ten (1610) Business Days days prior to the then scheduled Series 20091998-1 Letter of Credit Expiration Date with respect to any Series 20091998-1 Letter of Credit, excluding the amount available to be drawn under such Series 20091998-1 Letter of Credit but taking into account each substitute Series 20091998-1 Letter of Credit which has been obtained from a Series 20091998-1 Eligible Letter of Credit Provider and is in full force and effect on such date, (i) the Series 20091998-1 Adjusted Enhancement Amount would be equal to or greater more than the Series 20091998-1 Required Enhancement Amount, (ii) Amount and the Series 20091998-1 Adjusted Liquidity Amount would be equal to or greater than the Series 20091998-1 Required Liquidity Amount, or (iii) the Series 2009-1 Letter of Credit Liquidity Amount would be equal to or greater than the Series 2009-1 Demand Note Payment Amount, then the Administrator shall notify the Trustee and the Administrative Agent Surety Provider (with the Surety Provider to be provided supporting calculations in reasonable detail) in writing no later than fifteen (15) two Business Days prior to such Series 20091998-1 Letter of Credit Expiration Date of such determination. If prior to the date which is sixteen ten (1610) Business Days days prior to the then scheduled Series 20091998-1 Letter of Credit Expiration Date with respect to any Series 20091998-1 Letter of Credit, excluding the amount available to be drawn under such Series 20091998-1 Letter of Credit but taking into account any a substitute Series 20091998-1 Letter of Credit which has been obtained from a Series 20091998-1 Eligible Letter of Credit Provider and is in full force and effect on such date, (i) the Series 20091998-1 Adjusted Enhancement Amount would be less than the Series 20091998-1 Required Enhancement Amount, (ii) Amount or the Series 20091998-1 Adjusted Liquidity Amount would be less than the Series 20091998-1 Required Liquidity Amount, or (iii) the Series 2009-1 Letter of Credit Liquidity Amount would be less than the Series 2009-1 Demand Note Payment Amount, then the Administrator shall notify the Trustee and the Administrative Agent Surety Provider (with the Surety Provider to be provided supporting calculations in reasonable detail) in writing no later than fifteen (15) two Business Days prior to such Series 20091998-1 Letter of Credit Expiration Date of (x) the greatest greater of (A) the excess, if any, of the Series 20091998-1 Required Enhancement Amount over the Series 20091998-1 Adjusted Enhancement Amount, excluding the available amount under such expiring Series 20091998-1 Letter of Credit but taking into account any substitute Series 2009-1 Letter of Credit which has been obtained from a Series 2009-1 Eligible Letter of Credit Provider and is in full force and effect Credit, on such date, and (B) the excess, if any, of the Series 20091998-1 Required Liquidity Amount over the Series 20091998-1 Adjusted Liquidity Amount, excluding the available amount under such expiring Series 20091998-1 Letter of Credit but taking into account each substitute Series 2009-1 Letter of Credit which has been obtained from a Series 2009-1 Eligible Letter of Credit Provider and is in full force and effect on such dateCredit, and (C) the excess, if any, of the Series 2009-1 Demand Note Payment Amount over the Series 2009-1 Letter of Credit Liquidity Amount, excluding such Series 2009-1 Letter of Credit but taking into account each substitute Series 2009-1 Letter of Credit which has been obtained from a Series 2009-1 Eligible Letter of Credit Provider and is in full force and effect on such date, and (y) the amount available to be drawn on such expiring Series 20091998-1 Letter of Credit on such date. Upon receipt of such notice by the Trustee on or prior to 10:30 10:00 a.m. (New York City time) on any Business Day, the Trustee shall, by 12:00 p.m. (New York City time) on such Business Day (or, in the case of any notice given to the Trustee after 10:30 10:00 a.m. (New York City time), by 12:00 p.m. (New York City time) on the next following Business Day), draw the lesser of the amounts set forth in clauses (x) and (y) above on such Series 20091998-1 Letter of Credit by presenting a draft (with a copy to the Surety Provider) accompanied by a Series 2009-1 Certificate of Termination Demand and shall cause the Series 2009-1 LOC Termination Disbursements Disbursement to be deposited in the Series 20091998-1 Cash Collateral Account. If the Trustee does not receive the notice from the Administrator described above in the first paragraph of this SECTION 2.8(b) on or prior to the date that is fifteen (15) two Business Days prior to each Series 20091998-1 Letter of Credit Expiration Date, the Trustee shall, by 12:00 p.m. (New York City time) on such Business Day draw the full amount of such Series 20091998-1 Letter of Credit by presenting a draft accompanied by a Series 2009-1 Certificate of Termination Demand and shall cause the Series 2009-1 LOC Termination Disbursements Disbursement to be deposited in the applicable Series 20091998-1 Cash Collateral Account.

Letter of Credit Expiration Date. If prior Prior to the date which is sixteen ten (1610) Business Days days prior to the then scheduled Series 20092005-1 2 Letter of Credit Expiration Date with respect to any Series 20092005-1 2 Letter of Credit, the Servicer shall (i) determine whether, excluding the amount available to be drawn under such Series 20092005-1 2 Letter of Credit but taking into account each substitute Series 20092005-1 2 Letter of Credit which has been obtained from a Series 20092005-1 2 Eligible Letter of Credit Provider and is in full force and effect on such date, (i) the Series 2009-1 Adjusted Enhancement Amount date there would be equal to any Series 2005-2 Enhancement Deficiency or greater than the any Series 20092005-1 Required Enhancement Amount2 Liquidity Deficiency, (ii) the Series 2009-1 Adjusted Liquidity Amount would be equal to or greater than the Series 2009-1 Required Liquidity Amount, or (iii) the Series 2009-1 Letter of Credit Liquidity Amount would be equal to or greater than the Series 2009-1 Demand Note Payment Amount, then the Administrator shall notify the Trustee and the Administrative Agent in writing no later than fifteen (15) two Business Days prior to such Series 20092005-1 2 Letter of Credit Expiration Date of such determination. If prior determination and (iii) direct the Trustee to the date which is sixteen (16) Business Days prior to the then scheduled draw on such expiring Series 20092005-1 2 Letter of Credit Expiration Date with respect in an amount equal to any Series 2009-1 Letter of Credit, excluding such Series 2009-1 Letter of Credit but taking into account any substitute Series 2009-1 Letter of Credit which has been obtained from a Series 2009-1 Eligible Letter of Credit Provider and is in full force and effect on such date, (i) the Series 2009-1 Adjusted Enhancement Amount would be less than the Series 2009-1 Required Enhancement Amount, (ii) the Series 2009-1 Adjusted Liquidity Amount would be less than the Series 2009-1 Required Liquidity Amount, or (iii) the Series 2009-1 Letter of Credit Liquidity Amount would be less than the Series 2009-1 Demand Note Payment Amount, then the Administrator shall notify the Trustee and the Administrative Agent in writing no later than fifteen (15) Business Days prior to such Series 2009-1 Letter of Credit Expiration Date lesser of (x) the greatest greater of (A1) the excess, if any, of the Series 20092005-1 2 Required Enhancement Amount over the Series 20092005-1 Adjusted 2 Enhancement Amount, excluding the available amount under such expiring Series 20092005-1 2 Letter of Credit but taking into account any substitute Series 2009-1 Letter of Credit which has been obtained from a Series 2009-1 Eligible Letter of Credit Provider and is in full force and effect Credit, on such date, date and (B2) the excess, if any, of the Series 20092005-1 2 Required Liquidity Amount over the Series 20092005-1 Adjusted 2 Liquidity Amount, excluding the available amount under such expiring Series 20092005-1 2 Letter of Credit but taking into account each substitute Series 2009-1 Letter of Credit which has been obtained from a Series 2009-1 Eligible Letter of Credit Provider and is in full force and effect Credit, on such date, and (C) the excess, if any, of the Series 2009-1 Demand Note Payment Amount over the Series 2009-1 Letter of Credit Liquidity Amount, excluding such Series 2009-1 Letter of Credit but taking into account each substitute Series 2009-1 Letter of Credit which has been obtained from a Series 2009-1 Eligible Letter of Credit Provider and is in full force and effect on such date, date and (y) the amount available to be drawn on such expiring Series 20092005-1 2 Letter of Credit Credit, on such date. Upon receipt of such notice by the Trustee on or prior to 10:30 10:00 a.m. (New York City time) on any Business Day, the Trustee shall, by 12:00 p.m. (New York City time) on such Business Day (or, in the case of any notice given to the Trustee after 10:30 10:00 a.m. (New York City time), by 12:00 p.m. (New York City time) on the next following Business Day), draw the lesser of the amounts set forth in clauses (x) and (y) above on such Series 20092005-1 2 Letter of Credit by presenting a draft accompanied by a Series 2009-1 Certificate of Termination Demand and shall cause the Series 2009-1 LOC Termination Disbursements Disbursement to be deposited in the Series 20092005-1 2 Cash Collateral Account. If the Trustee does not receive the notice from the Administrator Servicer described above in the first paragraph of this Section 2.8(b) on or prior to the date that is fifteen (15) two Business Days prior to each Series 20092005-1 2 Letter of Credit Expiration Date, the Trustee shall, by 12:00 p.m. (New York City time) on such Business Day draw the full amount of such Series 20092005-1 2 Letter of Credit by presenting a draft accompanied by a Series 2009-1 Certificate of Termination Demand and shall cause the Series 2009-1 LOC Termination Disbursements Disbursement to be deposited in the applicable Series 20092005-1 2 Cash Collateral Account.

Letter of Credit Expiration Date. If prior to the date which is sixteen ten (1610) Business Days days prior to the then scheduled then‑scheduled Series 20092014-1 Letter of Credit Expiration Date with respect to any Series 20092014-1 Letter of Credit, excluding the amount available to be drawn under such Series 20092014-1 Letter of Credit but taking into account each substitute Series 20092014-1 Letter of Credit which has been obtained from a Series 20092014-1 Eligible Letter of Credit Provider and is in full force and effect on such date, (i) the Series 20092014-1 Adjusted Enhancement Amount would be equal to or greater more than the Series 20092014-1 Required Enhancement Amount, (ii) Amount and the Series 20092014-1 Adjusted Liquidity Amount would be equal to or greater than the Series 20092014-1 Required Liquidity Amount, or (iii) the Series 2009-1 Letter of Credit Liquidity Amount would be equal to or greater than the Series 2009-1 Demand Note Payment Amount, then the Administrator shall notify the Trustee and the Administrative Agent in writing no later than fifteen two (152) Business Days prior to such Series 20092014-1 Letter of Credit Expiration Date of such determination. If prior to the date which is sixteen ten (1610) Business Days days prior to the then scheduled then‑scheduled Series 20092014-1 Letter of Credit Expiration Date with respect to any Series 20092014-1 Letter of Credit, excluding the amount available to be drawn under such Series 20092014-1 Letter of Credit but taking into account any a substitute Series 20092014-1 Letter of Credit which has been obtained from a Series 20092014-1 Eligible Letter of Credit Provider and is in full force and effect on such date, (i) the Series 20092014-1 Adjusted Enhancement Amount would be less than the Series 20092014-1 Required Enhancement Amount, (ii) Amount or the Series 20092014-1 Adjusted Liquidity Amount would be less than the Series 20092014-1 Required Liquidity Amount, or (iii) the Series 2009-1 Letter of Credit Liquidity Amount would be less than the Series 2009-1 Demand Note Payment Amount, then the Administrator shall notify the Trustee and the Administrative Agent in writing no later than fifteen two (152) Business Days prior to such Series 20092014-1 Letter of Credit Expiration Date of (x) the greatest greater of (A) the excess, if any, of the Series 20092014-1 Required Enhancement Amount over the Series 20092014-1 Adjusted Enhancement Amount, excluding the available amount under such expiring Series 20092014-1 Letter of Credit but taking into account any substitute Series 20092014-1 Letter of Credit which has been obtained from a Series 20092014-1 Eligible Letter of Credit Provider and is in full force and effect effect, on such date, and (B) the excess, if any, of the Series 20092014-1 Required Liquidity Amount over the Series 20092014-1 Adjusted Liquidity Amount, excluding the available amount under such expiring Series 20092014-1 Letter of Credit but taking into account each any substitute Series 20092014-1 Letter of Credit which has been obtained from a Series 20092014-1 Eligible Letter of Credit Provider and is in full force and effect on such dateeffect, and (C) the excess, if any, of the Series 2009-1 Demand Note Payment Amount over the Series 2009-1 Letter of Credit Liquidity Amount, excluding such Series 2009-1 Letter of Credit but taking into account each substitute Series 2009-1 Letter of Credit which has been obtained from a Series 2009-1 Eligible Letter of Credit Provider and is in full force and effect on such date, and (y) the amount available to be drawn on such expiring Series 20092014-1 Letter of Credit on such date. Upon receipt of such notice by the Trustee on or prior to 10:30 10:00 a.m. (New York City time) on any Business Day, the Trustee shall, by 12:00 p.m. noon (New York City time) on such Business Day (or, in the case of any notice given to the Trustee after 10:30 10:00 a.m. (New York City time), by 12:00 p.m. noon (New York City time) on the next following Business Day), draw the lesser of the amounts set forth in clauses (x) and (y) above on such expiring Series 20092014-1 Letter of Credit by presenting a draft accompanied by a Series 2009-1 Certificate of Termination Demand and shall cause the Series 2009-1 LOC Termination Disbursements Disbursement to be deposited in the Series 20092014-1 Cash Collateral Account. If the Trustee does not receive the notice from the Administrator described above in the first paragraph of this Section 2.8(b) on or prior to the date that is fifteen two (152) Business Days prior to each Series 20092014-1 Letter of Credit Expiration Date, the Trustee shall, by 12:00 p.m. noon (New York City time) on such Business Day draw the full amount of such Series 20092014-1 Letter of Credit by presenting a draft accompanied by a Series 2009-1 Certificate of Termination Demand and shall cause the Series 2009-1 LOC Termination Disbursements Disbursement to be deposited in the applicable Series 20092014-1 Cash Collateral Account.

Letter of Credit Expiration Date. If prior to the date which is sixteen (16) Business Days prior to the then scheduled Series 2009-1 Letter of Credit Expiration Date with respect to any Series 2009-1 Letter of Credit, excluding the amount available to be drawn under such Series 2009-1 Letter of Credit but taking into account each substitute Series 2009-1 Letter of Credit which has been obtained from a Series 2009-1 Eligible Letter of Credit Provider and is in full force and effect on such date, (i) the Series 2009-1 Adjusted Enhancement Amount would be equal to or greater than the Series 2009-1 Required Enhancement Amount, (ii) the Series 2009-1 Adjusted Liquidity Amount would be equal to or greater than the Series 2009-1 Required Liquidity Amount, or (iii) the Series 2009-1 Letter of Credit Liquidity Amount would be equal to or 61 greater than the Series 2009-1 Demand Note Payment Amount, then the Administrator shall notify the Trustee and the Administrative Agent in writing no later than fifteen (15) Business Days prior to such Series 2009-1 Letter of Credit Expiration Date of such determination. If prior to the date which is sixteen (16) Business Days prior to the then scheduled Series 2009-1 Letter of Credit Expiration Date with respect to any Series 2009-1 Letter of Credit, excluding such Series 2009-1 Letter of Credit but taking into account any substitute Series 2009-1 Letter of Credit which has been obtained from a Series 2009-1 Eligible Letter of Credit Provider and is in full force and effect on such date, (i) the Series 2009-1 Adjusted Enhancement Amount would be less than the Series 2009-1 Required Enhancement Amount, (ii) the Series 2009-1 Adjusted Liquidity Amount would be less than the Series 2009-1 Required Liquidity Amount, or (iii) the Series 2009-1 Letter of Credit Liquidity Amount would be less than the Series 2009-1 Demand Note Payment Amount, then the Administrator shall notify the Trustee and the Administrative Agent in writing no later than fifteen (15) Business Days prior to such Series 2009-1 Letter of Credit Expiration Date of (x) the greatest of (A) the excess, if any, of the Series 2009-1 Required Enhancement Amount over the Series 2009-1 Adjusted Enhancement Amount, excluding such Series 2009-1 Letter of Credit but taking into account any substitute Series 2009-1 Letter of Credit which has been obtained from a Series 2009-1 Eligible Letter of Credit Provider and is in full force and effect on such date, (B) the excess, if any, of the Series 2009-1 Required Liquidity Amount over the Series 2009-1 Adjusted Liquidity Amount, excluding such Series 2009-1 Letter of Credit but taking into account each substitute Series 2009-1 Letter of Credit which has been obtained from a Series 2009-1 Eligible Letter of Credit Provider and is in full force and effect on such date, and (C) the excess, if any, of the Series 2009-1 Demand Note Payment Amount over the Series 2009-1 Letter of Credit Liquidity Amount, excluding such Series 2009-1 Letter of Credit but taking into account each substitute Series 2009-1 Letter of Credit which has been obtained from a Series 2009-1 Eligible Letter of Credit Provider and is in full force and effect on such date, and (y) the amount available to be drawn on such expiring Series 2009-1 Letter of Credit on such date. Upon receipt of such notice by the Trustee on or prior to 10:30 a.m. (New York City time) on any Business Day, the Trustee shall, by 12:00 p.m. (New York City time) on such Business Day (or, in the case of any notice given to the Trustee after 10:30 a.m. (New York City time), by 12:00 p.m. (New York City time) on the next following Business Day), draw the lesser of the amounts set forth in clauses (x) and (y) above on such Series 2009-1 Letter of Credit by presenting a draft accompanied by a Series 2009-1 Certificate of Termination Demand and shall cause the Series 2009-1 LOC Termination Disbursements to be deposited in the Series 2009-1 Cash Collateral Account. If the Trustee does not receive the notice from the Administrator described above on or prior to the date that is fifteen (15) Business Days prior to each Series 2009-1 Letter of Credit Expiration Date, the Trustee shall, by 12:00 p.m. (New York City time) on such Business Day draw the full amount of such Series 2009-1 Letter of Credit by presenting a draft accompanied by a Series 2009-1 Certificate of Termination Demand and shall cause the Series 2009-1 LOC Termination Disbursements to be deposited in the applicable Series 2009-1 Cash Collateral Account.

Letter of Credit Expiration Date. If prior to the date which is sixteen ten (1610) Business Days days prior to the then scheduled Series 2009-1 3 Letter of Credit Expiration Date with respect to any Series 2009-1 3 Letter of Credit, excluding the amount available to be drawn under such Series 2009-1 3 Letter of Credit but taking into account each substitute Series 2009-1 3 Letter of Credit which has been obtained from a Series 2009-1 3 Eligible Letter of Credit Provider and is in full force and effect on such date, (i) the Series 2009-1 Adjusted 3 Enhancement Amount would be equal to or greater more than the Series 2009-1 3 Required Enhancement Amount, (ii) Amount and the Series 2009-1 Adjusted 3 Liquidity Amount would be equal to or greater than the Series 2009-1 3 Required Liquidity Amount, or (iii) the Series 2009-1 Letter of Credit Liquidity Amount would be equal to or greater than the Series 2009-1 Demand Note Payment Amount, then the Administrator shall notify the Trustee and the Administrative Agent in writing no later than fifteen (15) two Business Days prior to such Series 2009-1 3 Letter of Credit Expiration Date of such determination. If prior to the date which is sixteen ten (1610) Business Days days prior to the then scheduled Series 2009-1 3 Letter of Credit Expiration Date with respect to any Series 2009-1 3 Letter of Credit, excluding the amount available to be drawn under such Series 2009-1 3 Letter of Credit but taking into account any each substitute Series 2009-1 3 Letter of Credit which has been obtained from a Series 2009-1 3 Eligible Letter of Credit Provider and is in full force and effect on such date, (i) the Series 2009-1 Adjusted 3 Enhancement Amount would be less than the Series 2009-1 3 Required Enhancement Amount, (ii) Amount or the Series 2009-1 Adjusted 3 Liquidity Amount would be less than the Series 2009-1 3 Required Liquidity Amount, or (iii) the Series 2009-1 Letter of Credit Liquidity Amount would be less than the Series 2009-1 Demand Note Payment Amount, then the Administrator shall notify the Trustee and the Administrative Agent in writing no later than fifteen (15) two Business Days prior to such Series 2009-1 3 Letter of Credit Expiration Date of (x) the greatest greater of (A) the excess, if any, of the Series 2009-1 3 Required Enhancement Amount over the Series 2009-1 Adjusted 3 Enhancement AmountXxxxxx, excluding the available amount under such expiring Series 2009-1 3 Letter of Credit but taking into account any substitute Series 2009-1 3 Letter of Credit which has been obtained from a Series 2009-1 3 Eligible Letter of Credit Provider and is in full force and effect effect, on such date, and (B) the excess, if any, of the Series 2009-1 3 Required Liquidity Amount over the Series 2009-1 Adjusted 3 Liquidity Amount, excluding the available amount under such expiring Series 2009-1 3 Letter of Credit but taking into account each any substitute Series 2009-1 3 Letter of Credit which has been obtained from a Series 2009-1 3 Eligible Letter of Credit Provider and is in full force and effect on such dateeffect, and (C) the excess, if any, of the Series 2009-1 Demand Note Payment Amount over the Series 2009-1 Letter of Credit Liquidity Amount, excluding such Series 2009-1 Letter of Credit but taking into account each substitute Series 2009-1 Letter of Credit which has been obtained from a Series 2009-1 Eligible Letter of Credit Provider and is in full force and effect on such date, and (y) the amount available to be drawn on such expiring Series 2009-1 3 Letter of Credit on such date. Upon receipt of such notice by the Trustee on or prior to 10:30 10:00 a.m. (New York City time) on any Business Day, the Trustee shall, by 12:00 p.m. noon (New York City time) on such Business Day (or, in the case of any notice given to the Trustee after 10:30 10:00 a.m. (New York City time), by 12:00 p.m. noon (New York City time) on the next following Business Day), draw the lesser of the amounts set forth in clauses (x) and (y) above on such expiring Series 2009-1 3 Letter of Credit by presenting a draft accompanied by a Series 2009-1 Certificate of Termination Demand and shall cause the Series 2009-1 LOC Termination Disbursements Disbursement to be deposited in the Series 2009-1 3 Cash Collateral Account. If the Trustee does not receive the notice from the Administrator described above in the first paragraph of this Section 3.8(b) on or prior to the date that is fifteen (15) two Business Days prior to each Series 2009-1 3 Letter of Credit Expiration Date, the Trustee shall, by 12:00 p.m. noon (New York City time) on such Business Day draw the full amount of such Series 2009-1 3 Letter of Credit by presenting a draft accompanied by a Series 2009-1 Certificate of Termination Demand and shall cause the Series 2009-1 LOC Termination Disbursements Disbursement to be deposited in the applicable Series 2009-1 3 Cash Collateral Account.

Letter of Credit Expiration Date. If prior to the date which is sixteen ten (1610) Business Days days prior to the then - scheduled Series 20092006-1 Letter of Credit Expiration Date with respect to any Series 20092006-1 Letter of Credit, excluding the amount available to be drawn under such Series 20092006-1 Letter of Credit but taking into account each substitute Series 20092006-1 Letter of Credit which has been obtained from a Series 20092006-1 Eligible Letter of Credit Provider and is in full force and effect on such date, (i) the Series 20092006-1 Adjusted Enhancement Amount would be equal to or greater more than the Series 20092006-1 Required Enhancement Amount, (ii) Amount and the Series 20092006-1 Adjusted Liquidity Amount would be equal to or greater than the Series 20092006-1 Required Liquidity Amount, or (iii) the Series 2009-1 Letter of Credit Liquidity Amount would be equal to or greater than the Series 2009-1 Demand Note Payment Amount, then the Administrator shall notify the Trustee and the Administrative Agent Surety Provider (with the Surety Provider to be provided supporting calculations in reasonable detail) in writing no later than fifteen two (152) Business Days prior to such Series 20092006-1 Letter of Credit Expiration Date of such determination. If prior to the date which is sixteen ten (1610) Business Days days prior to the then then-scheduled Series 20092006-1 Letter of Credit Expiration Date with respect to any Series 20092006-1 Letter of Credit, excluding the amount available to be drawn under such Series 20092006-1 Letter of Credit but taking into account any a substitute Series 20092006-1 Letter of Credit which has been obtained from a Series 20092006-1 Eligible Letter of Credit Provider and is in full force and effect on such date, (i) the Series 20092006-1 Adjusted Enhancement Amount would be less than the Series 20092006-1 Required Enhancement Amount, (ii) Amount or the Series 20092006-1 Adjusted Liquidity Amount would be less than the Series 20092006-1 Required Liquidity Amount, or (iii) the Series 2009-1 Letter of Credit Liquidity Amount would be less than the Series 2009-1 Demand Note Payment Amount, then the Administrator shall notify the Trustee and the Administrative Agent Surety Provider (with the Surety Provider to be provided supporting calculations in reasonable detail) in writing no later than fifteen two (152) Business Days prior to such Series 20092006-1 Letter of Credit Expiration Date of (x) the greatest greater of (A) the excess, if any, of the Series 20092006-1 Required Enhancement Amount over the Series 20092006-1 Adjusted Enhancement Amount, excluding the available amount under such expiring Series 20092006-1 Letter of Credit but taking into account any substitute Series 20092006-1 Letter of Credit which has been obtained from a Series 20092006-1 Eligible Letter of Credit Provider and is in full force and effect effect, on such date, and (B) the excess, if any, of the Series 20092006-1 Required Liquidity Amount over the Series 20092006-1 Adjusted Liquidity Amount, excluding the available amount under such expiring Series 20092006-1 Letter of Credit but taking into account each any substitute Series 20092006-1 Letter of Credit which has been obtained from a Series 20092006-1 Eligible Letter of Credit Provider and is in full force and effect on such dateeffect, and (C) the excess, if any, of the Series 2009-1 Demand Note Payment Amount over the Series 2009-1 Letter of Credit Liquidity Amount, excluding such Series 2009-1 Letter of Credit but taking into account each substitute Series 2009-1 Letter of Credit which has been obtained from a Series 2009-1 Eligible Letter of Credit Provider and is in full force and effect on such date, and (y) the amount available to be drawn on such expiring Series 20092006-1 Letter of Credit on such date. Upon receipt of such notice by the Trustee on or prior to 10:30 10:00 a.m. (New York City time) on any Business Day, the Trustee shall, by 12:00 p.m. noon (New York City time) on such Business Day (or, in the case of any notice given to the Trustee after 10:30 10:00 a.m. (New York City time), by 12:00 p.m. noon (New York City time) on the next following Business Day), draw the lesser of the amounts set forth in clauses (x) and (y) above on such expiring Series 20092006-1 Letter of Credit by presenting a draft (with a copy to the Surety Provider) accompanied by a Series 2009-1 Certificate of Termination Demand and shall cause the Series 2009-1 LOC Termination Disbursements Disbursement to be deposited in the Series 20092006-1 Cash Collateral Account. If the Trustee does not receive the notice from the fromthe Administrator described above in the first paragraph of this Section 2.8(b) on or prior to the date that is fifteen two (152) Business Days prior to each Series 20092006-1 Letter of Credit Expiration Date, the Trustee shall, by 12:00 p.m. noon (New York City time) on such Business Day draw the full amount of such Series 20092006-1 Letter of Credit by presenting a draft accompanied by a Series 2009-1 Certificate of Termination Demand and shall cause the Series 2009-1 LOC Termination Disbursements Disbursement to be deposited in the applicable Series 20092006-1 Cash Collateral Account.

Letter of Credit Expiration Date. If prior to the date which is sixteen (16) Business Days prior to the then scheduled Series 20092008-1 Letter of Credit Expiration Date with respect to any Series 20092008-1 Letter of Credit, excluding the amount available to be drawn under such Series 20092008-1 Letter of Credit but taking into account each substitute Series 20092008-1 Letter of Credit which has been obtained from a Series 20092008-1 Eligible Letter of Credit Provider and is in full force and effect on such date, (i) the Series 20092008-1 Adjusted Enhancement Amount would be equal to or greater than the Series 20092008-1 Required Enhancement Amount, (ii) the Series 20092008-1 Adjusted Liquidity Amount would be equal to or greater than the Series 20092008-1 Required Liquidity Amount, or (iii) the Series 20092008-1 Letter of Credit Liquidity Amount would be equal to or greater than the Series 20092008-1 Demand Note Payment Amount, then the Administrator shall notify the Trustee and the Administrative Agent in writing no later than fifteen (15) Business Days prior to such Series 20092008-1 Letter of Credit Expiration Date of such determination. If prior to the date which is sixteen (16) Business Days prior to the then scheduled Series 20092008-1 Letter of Credit Expiration Date with respect to any Series 20092008-1 Letter of Credit, excluding such Series 20092008-1 Letter of Credit but taking into account any substitute Series 20092008-1 Letter of Credit which has been obtained from a Series 20092008-1 Eligible Letter of Credit Provider and is in full force and effect on such date, (i) the Series 20092008-1 Adjusted Enhancement Amount would be less than the Series 20092008-1 Required Enhancement Amount, (ii) the Series 20092008-1 Adjusted Liquidity Amount would be less than the Series 20092008-1 Required Liquidity Amount, or (iii) the Series 20092008-1 Letter of Credit Liquidity Amount would be less than the Series 20092008-1 Demand Note Payment Amount, then the Administrator shall notify the Trustee and the Administrative Agent in writing no later than fifteen (15) Business Days prior to such Series 20092008-1 Letter of Credit Expiration Date of (x) the greatest of (A) the excess, if any, of the Series 20092008-1 Required Enhancement Amount over the Series 20092008-1 Adjusted Enhancement Amount, excluding such Series 20092008-1 Letter of Credit but taking into account any substitute Series 20092008-1 Letter of Credit which has been obtained from a Series 20092008-1 Eligible Letter of Credit Provider and is in full force and effect on such date, (B) the excess, if any, of the Series 20092008-1 Required Liquidity Amount over the Series 20092008-1 Adjusted Liquidity Amount, excluding such Series 20092008-1 Letter of Credit but taking into account each substitute Series 20092008-1 Letter of Credit which has been obtained from a Series 20092008-1 Eligible Letter of Credit Provider and is in full force and effect on such date, and (C) the excess, if any, of the Series 20092008-1 Demand Note Payment Amount over the Series 20092008-1 Letter of Credit Liquidity Amount, excluding such Series 20092008-1 Letter of Credit but taking into account each substitute Series 20092008-1 Letter of Credit which has been obtained from a Series 20092008-1 Eligible Letter of Credit Provider and is in full force and effect on such date, and (y) the amount available to be drawn on such expiring Series 20092008-1 Letter of Credit on such date. Upon receipt of such notice by the Trustee on or prior to 10:30 a.m. (New York City time) on any Business Day, the Trustee shall, by 12:00 p.m. (New York City time) on such Business Day (or, in the case of any notice given to the Trustee after 10:30 a.m. (New York City time), by 12:00 p.m. (New York City time) on the next following Business Day), draw the lesser of the amounts set forth in clauses (x) and (y) above on such Series 20092008-1 Letter of Credit by presenting a draft accompanied by a Series 20092008-1 Certificate of Termination Demand and shall cause the Series 20092008-1 LOC Termination Disbursements to be deposited in the Series 20092008-1 Cash Collateral Account. If the Trustee does not receive the notice from the Administrator described above on or prior to the date that is fifteen (15) Business Days prior to each Series 20092008-1 Letter of Credit Expiration Date, the Trustee shall, by 12:00 p.m. (New York City time) on such Business Day draw the full amount of such Series 20092008-1 Letter of Credit by presenting a draft accompanied by a Series 20092008-1 Certificate of Termination Demand and shall cause the Series 20092008-1 LOC Termination Disbursements to be deposited in the applicable Series 20092008-1 Cash Collateral Account.

Letter of Credit Expiration Date. If prior to the date which is sixteen ten (1610) Business Days days prior to the then - scheduled Series 20092013-1 Letter of Credit Expiration Date with respect to any Series 20092013-1 Letter of Credit, excluding the amount available to be drawn under such Series 20092013-1 Letter of Credit but taking into account each substitute Series 20092013-1 Letter of Credit which has been obtained from a Series 20092013-1 Eligible Letter of Credit Provider and is in full force and effect on such date, (i) the Series 20092013-1 Adjusted Enhancement Amount would be equal to or greater more than the Series 20092013-1 Required Enhancement Amount, (ii) Amount and the Series 20092013-1 Adjusted Liquidity Amount would be equal to or greater than the Series 20092013-1 Required Liquidity Amount, or (iii) the Series 2009-1 Letter of Credit Liquidity Amount would be equal to or greater than the Series 2009-1 Demand Note Payment Amount, then the Administrator shall notify the Trustee and the Administrative Agent in writing no later than fifteen two (152) Business Days prior to such Series 20092013-1 Letter of Credit Expiration Date of such determination. If prior to the date which is sixteen ten (1610) Business Days days prior to the then then-scheduled Series 20092013-1 Letter of Credit Expiration Date with respect to any Series 20092013-1 Letter of Credit, excluding the amount available to be drawn under such Series 20092013-1 Letter of Credit but taking into account any a substitute Series 20092013-1 Letter of Credit which has been obtained from a Series 20092013-1 Eligible Letter of Credit Provider and is in full force and effect on such date, (i) the Series 20092013-1 Adjusted Enhancement Amount would be less than the Series 20092013-1 Required Enhancement Amount, (ii) Amount or the Series 20092013-1 Adjusted Liquidity Amount would be less than the Series 20092013-1 Required Liquidity Amount, or (iii) the Series 2009-1 Letter of Credit Liquidity Amount would be less than the Series 2009-1 Demand Note Payment Amount, then the Administrator shall notify the Trustee and the Administrative Agent in writing no later than fifteen two (152) Business Days prior to such Series 20092013-1 Letter of Credit Expiration Date of (x) the greatest greater of (A) the excess, if any, of the Series 20092013-1 Required Enhancement Amount over the Series 20092013-1 Adjusted Enhancement Amount, excluding the available amount under such expiring Series 20092013-1 Letter of Credit but taking into account any substitute Series 20092013-1 Letter of Credit which has been obtained from a Series 20092013-1 Eligible Letter of Credit Provider and is in full force and effect effect, on such date, and (B) the excess, if any, of the Series 20092013-1 Required Liquidity Amount over the Series 20092013-1 Adjusted Liquidity Amount, excluding the available amount under such expiring Series 20092013-1 Letter of Credit but taking into account each any substitute Series 20092013-1 Letter of Credit which has been obtained from a Series 20092013-1 Eligible Letter of Credit Provider and is in full force and effect on such dateeffect, and (C) the excess, if any, of the Series 2009-1 Demand Note Payment Amount over the Series 2009-1 Letter of Credit Liquidity Amount, excluding such Series 2009-1 Letter of Credit but taking into account each substitute Series 2009-1 Letter of Credit which has been obtained from a Series 2009-1 Eligible Letter of Credit Provider and is in full force and effect on such date, and (y) the amount available to be drawn on such expiring Series 20092013-1 Letter of Credit on such date. Upon receipt of such notice by the Trustee on or prior to 10:30 10:00 a.m. (New York City time) on any Business Day, the Trustee shall, by 12:00 p.m. noon (New York City time) on such Business Day (or, in the case of any notice given to the Trustee after 10:30 10:00 a.m. (New York City time), by 12:00 p.m. noon (New York City time) on the next following Business Day), draw the lesser of the amounts set forth in clauses (x) and (y) above on such expiring Series 20092013-1 Letter of Credit by presenting a draft accompanied by a Series 2009-1 Certificate of Termination Demand and shall cause the Series 2009-1 LOC Termination Disbursements Disbursement to be deposited in the Series 20092013-1 Cash Collateral Account. If the Trustee does not receive the notice from the Administrator described above in the first paragraph of this Section 2.8(b) on or prior to the date that is fifteen two (152) Business Days prior to each Series 20092013-1 Letter of Credit Expiration Date, the Trustee shall, by 12:00 p.m. noon (New York City time) on such Business Day draw the full amount of such Series 20092013-1 Letter of Credit by presenting a draft accompanied by a Series 2009-1 Certificate of Termination Demand and shall cause the Series 2009-1 LOC Termination Disbursements Disbursement to be deposited in the applicable Series 20092013-1 Cash Collateral Account.

Letter of Credit Expiration Date. If prior Prior to the date which is sixteen ten (1610) Business Days days prior to the then scheduled Series 20092005-1 Letter of Credit Expiration Date with respect to any Series 20092005-1 Letter of Credit, the Servicer shall (i) determine whether, excluding the amount available to be drawn under such Series 20092005-1 Letter of Credit but taking into account each substitute Series 20092005-1 Letter of Credit which has been obtained from a Series 20092005-1 Eligible Letter of Credit Provider and is in full force and effect on such date, (i) the date there would be any Series 20092005-1 Adjusted Enhancement Amount would be equal to Deficiency or greater than the any Series 20092005-1 Required Enhancement AmountLiquidity Deficiency, (ii) the Series 2009-1 Adjusted Liquidity Amount would be equal to or greater than the Series 2009-1 Required Liquidity Amount, or (iii) the Series 2009-1 Letter of Credit Liquidity Amount would be equal to or greater than the Series 2009-1 Demand Note Payment Amount, then the Administrator shall notify the Trustee and the Administrative Agent in writing no later than fifteen (15) two Business Days prior to such Series 20092005-1 Letter of Credit Expiration Date of such determination. If prior determination and (iii) direct the Trustee to the date which is sixteen (16) Business Days prior to the then scheduled draw on such expiring Series 20092005-1 Letter of Credit Expiration Date with respect in an amount equal to any Series 2009-1 Letter of Credit, excluding such Series 2009-1 Letter of Credit but taking into account any substitute Series 2009-1 Letter of Credit which has been obtained from a Series 2009-1 Eligible Letter of Credit Provider and is in full force and effect on such date, (i) the Series 2009-1 Adjusted Enhancement Amount would be less than the Series 2009-1 Required Enhancement Amount, (ii) the Series 2009-1 Adjusted Liquidity Amount would be less than the Series 2009-1 Required Liquidity Amount, or (iii) the Series 2009-1 Letter of Credit Liquidity Amount would be less than the Series 2009-1 Demand Note Payment Amount, then the Administrator shall notify the Trustee and the Administrative Agent in writing no later than fifteen (15) Business Days prior to such Series 2009-1 Letter of Credit Expiration Date lesser of (x) the greatest greater of (A1) the excess, if any, of the Series 20092005-1 Required Enhancement Amount over the Series 20092005-1 Adjusted Enhancement Amount, excluding the available amount under such expiring Series 20092005-1 Letter of Credit but taking into account any substitute Series 2009-1 Letter of Credit which has been obtained from a Series 2009-1 Eligible Letter of Credit Provider and is in full force and effect Credit, on such date, date and (B2) the excess, if any, of the Series 20092005-1 Required Liquidity Amount over the Series 20092005-1 Adjusted Liquidity Amount, excluding the available amount under such expiring Series 20092005-1 Letter of Credit but taking into account each substitute Series 2009-1 Letter of Credit which has been obtained from a Series 2009-1 Eligible Letter of Credit Provider and is in full force and effect Credit, on such date, and (C) the excess, if any, of the Series 2009-1 Demand Note Payment Amount over the Series 2009-1 Letter of Credit Liquidity Amount, excluding such Series 2009-1 Letter of Credit but taking into account each substitute Series 2009-1 Letter of Credit which has been obtained from a Series 2009-1 Eligible Letter of Credit Provider and is in full force and effect on such date, date and (y) the amount available to be drawn on such expiring Series 20092005-1 Letter of Credit Credit, on such date. Upon receipt of such notice by the Trustee on or prior to 10:30 10:00 a.m. (New York City time) on any Business Day, the Trustee shall, by 12:00 p.m. (New York City time) on such Business Day (or, in the case of any notice given to the Trustee after 10:30 10:00 a.m. (New York City time), by 12:00 p.m. (New York City time) on the next following Business Day), draw the lesser of the amounts set forth in clauses (x) and (y) above on such Series 20092005-1 Letter of Credit by presenting a draft accompanied by a Series 2009-1 Certificate of Termination Demand and shall cause the Series 2009-1 LOC Termination Disbursements Disbursement to be deposited in the Series 20092005-1 Cash Collateral Account. If the Trustee does not receive the notice from the Administrator Servicer described above in the first paragraph of this Section 2.8(b) on or prior to the date that is fifteen (15) two Business Days prior to each Series 20092005-1 Letter of Credit Expiration Date, the Trustee shall, by 12:00 p.m. (New York City time) on such Business Day draw the full amount of such Series 20092005-1 Letter of Credit by presenting a draft accompanied by a Series 2009-1 Certificate of Termination Demand and shall cause the Series 2009-1 LOC Termination Disbursements Disbursement to be deposited in the applicable Series 20092005-1 Cash Collateral Account.

Letter of Credit Expiration Date. If prior to the date which is sixteen ten (1610) Business Days days prior to the then ‑ scheduled Series 20092013-1 2 Letter of Credit Expiration Date with respect to any Series 20092013-1 2 Letter of Credit, excluding the amount available to be drawn under such Series 20092013-1 2 Letter of Credit but taking into account each substitute Series 20092013-1 2 Letter of Credit which has been obtained from a Series 20092013-1 2 Eligible Letter of Credit Provider and is in full force and effect on such date, (i) the Series 20092013-1 Adjusted 2 Enhancement Amount would be equal to or greater more than the Series 20092013-1 2 Required Enhancement Amount, (ii) Amount and the Series 20092013-1 Adjusted 2 Liquidity Amount would be equal to or greater than the Series 20092013-1 2 Required Liquidity Amount, or (iii) the Series 2009-1 Letter of Credit Liquidity Amount would be equal to or greater than the Series 2009-1 Demand Note Payment Amount, then the Administrator shall notify the Trustee and the Administrative Agent in writing no later than fifteen two (152) Business Days prior to such Series 20092013-1 2 Letter of Credit Expiration Date of such determination. If prior to the date which is sixteen ten (1610) Business Days days prior to the then scheduled then‑scheduled Series 20092013-1 2 Letter of Credit Expiration Date with respect to any Series 20092013-1 2 Letter of Credit, excluding the amount available to be drawn under such Series 20092013-1 2 Letter of Credit but taking into account any a substitute Series 20092013-1 2 Letter of Credit which has been obtained from a Series 20092013-1 2 Eligible Letter of Credit Provider and is in full force and effect on such date, (i) the Series 20092013-1 Adjusted 2 Enhancement Amount would be less than the Series 20092013-1 2 Required Enhancement Amount, (ii) Amount or the Series 20092013-1 Adjusted 2 Liquidity Amount would be less than the Series 20092013-1 2 Required Liquidity Amount, or (iii) the Series 2009-1 Letter of Credit Liquidity Amount would be less than the Series 2009-1 Demand Note Payment Amount, then the Administrator shall notify the Trustee and the Administrative Agent in writing no later than fifteen two (152) Business Days prior to such Series 20092013-1 2 Letter of Credit Expiration Date of (x) the greatest greater of (A) the excess, if any, of the Series 20092013-1 2 Required Enhancement Amount over the Series 20092013-1 Adjusted 2 Enhancement Amount, excluding the available amount under such expiring Series 20092013-1 2 Letter of Credit but taking into account any substitute Series 20092013-1 2 Letter of Credit which has been obtained from a Series 20092013-1 2 Eligible Letter of Credit Provider and is in full force and effect effect, on such date, and (B) the excess, if any, of the Series 20092013-1 2 Required Liquidity Amount over the Series 20092013-1 Adjusted 2 Liquidity Amount, excluding the available amount under such expiring Series 20092013-1 2 Letter of Credit but taking into account each any substitute Series 20092013-1 2 Letter of Credit which has been obtained from a Series 20092013-1 2 Eligible Letter of Credit Provider and is in full force and effect on such dateeffect, and (C) the excess, if any, of the Series 2009-1 Demand Note Payment Amount over the Series 2009-1 Letter of Credit Liquidity Amount, excluding such Series 2009-1 Letter of Credit but taking into account each substitute Series 2009-1 Letter of Credit which has been obtained from a Series 2009-1 Eligible Letter of Credit Provider and is in full force and effect on such date, and (y) the amount available to be drawn on such expiring Series 20092013-1 2 Letter of Credit on such date. Upon receipt of such notice by the Trustee on or prior to 10:30 10:00 a.m. (New York City time) on any Business Day, the Trustee shall, by 12:00 p.m. noon (New York City time) on such Business Day (or, in the case of any notice given to the Trustee after 10:30 10:00 a.m. (New York City time), by 12:00 p.m. noon (New York City time) on the next following Business Day), draw the lesser of the amounts set forth in clauses (x) and (y) above on such expiring Series 20092013-1 2 Letter of Credit by presenting a draft accompanied by a Series 2009-1 Certificate of Termination Demand and shall cause the Series 2009-1 LOC Termination Disbursements Disbursement to be deposited in the Series 20092013-1 2 Cash Collateral Account. If the Trustee does not receive the notice from the Administrator described above in the first paragraph of this Section 2.8(b) on or prior to the date that is fifteen two (152) Business Days prior to each Series 20092013-1 2 Letter of Credit Expiration Date, the Trustee shall, by 12:00 p.m. noon (New York City time) on such Business Day draw the full amount of such Series 20092013-1 2 Letter of Credit by presenting a draft accompanied by a Series 2009-1 Certificate of Termination Demand and shall cause the Series 2009-1 LOC Termination Disbursements Disbursement to be deposited in the applicable Series 20092013-1 2 Cash Collateral Account.

Letter of Credit Expiration Date. If prior to the date which is sixteen ten (1610) Business Days days prior to the then scheduled then‑scheduled Series 20092015-1 2 Letter of Credit Expiration Date with respect to any Series 20092015-1 2 Letter of Credit, excluding the amount available to be drawn under such Series 20092015-1 2 Letter of Credit but taking into account each substitute Series 20092015-1 2 Letter of Credit which has been obtained from a Series 20092015-1 2 Eligible Letter of Credit Provider and is in full force and effect on such date, (i) the Series 20092015-1 Adjusted 2 Enhancement Amount would be equal to or greater more than the Series 20092015-1 2 Required Enhancement Amount, (ii) Amount and the Series 20092015-1 Adjusted 2 Liquidity Amount would be equal to or greater than the Series 20092015-1 2 Required Liquidity Amount, or (iii) the Series 2009-1 Letter of Credit Liquidity Amount would be equal to or greater than the Series 2009-1 Demand Note Payment Amount, then the Administrator shall notify the Trustee and the Administrative Agent in writing no later than fifteen two (152) Business Days prior to such Series 20092015-1 2 Letter of Credit Expiration Date of such determination. If prior to the date which is sixteen ten (1610) Business Days days prior to the then scheduled then‑scheduled Series 20092015-1 2 Letter of Credit Expiration Date with respect to any Series 20092015-1 2 Letter of Credit, excluding the amount available to be drawn under such Series 20092015-1 2 Letter of Credit but taking into account any a substitute Series 20092015-1 2 Letter of Credit which has been obtained from a Series 20092015-1 2 Eligible Letter of Credit Provider and is in full force and effect on such date, (i) the Series 20092015-1 Adjusted 2 Enhancement Amount would be less than the Series 20092015-1 2 Required Enhancement Amount, (ii) Amount or the Series 20092015-1 Adjusted 2 Liquidity Amount would be less than the Series 20092015-1 2 Required Liquidity Amount, or (iii) the Series 2009-1 Letter of Credit Liquidity Amount would be less than the Series 2009-1 Demand Note Payment Amount, then the Administrator shall notify the Trustee and the Administrative Agent in writing no later than fifteen two (152) Business Days prior to such Series 20092015-1 2 Letter of Credit Expiration Date of (x) the greatest greater of (A) the excess, if any, of the Series 20092015-1 2 Required Enhancement Amount over the Series 20092015-1 Adjusted 2 Enhancement Amount, excluding the available amount under such expiring Series 20092015-1 2 Letter of Credit but taking into account any substitute Series 20092015-1 2 Letter of Credit which has been obtained from a Series 20092015-1 2 Eligible Letter of Credit Provider and is in full force and effect effect, on such date, and (B) the excess, if any, of the Series 20092015-1 2 Required Liquidity Amount over the Series 20092015-1 Adjusted 2 Liquidity Amount, excluding the available amount under such expiring Series 20092015-1 2 Letter of Credit but taking into account each any substitute Series 20092015-1 2 Letter of Credit which has been obtained from a Series 20092015-1 2 Eligible Letter of Credit Provider and is in full force and effect on such dateeffect, and (C) the excess, if any, of the Series 2009-1 Demand Note Payment Amount over the Series 2009-1 Letter of Credit Liquidity Amount, excluding such Series 2009-1 Letter of Credit but taking into account each substitute Series 2009-1 Letter of Credit which has been obtained from a Series 2009-1 Eligible Letter of Credit Provider and is in full force and effect on such date, and (y) the amount available to be drawn on such expiring Series 20092015-1 2 Letter of Credit on such date. Upon receipt of such notice by the Trustee on or prior to 10:30 10:00 a.m. (New York City time) on any Business Day, the Trustee shall, by 12:00 p.m. noon (New York City time) on such Business Day (or, in the case of any notice given to the Trustee after 10:30 10:00 a.m. (New York City time), by 12:00 p.m. noon (New York City time) on the next following Business Day), draw the lesser of the amounts set forth in clauses (x) and (y) above on such expiring Series 20092015-1 2 Letter of Credit by presenting a draft accompanied by a Series 2009-1 Certificate of Termination Demand and shall cause the Series 2009-1 LOC Termination Disbursements Disbursement to be deposited in the Series 20092015-1 2 Cash Collateral Account. If the Trustee does not receive the notice from the Administrator described above in the first paragraph of this Section 2.8(b) on or prior to the date that is fifteen two (152) Business Days prior to each Series 20092015-1 2 Letter of Credit Expiration Date, the Trustee shall, by 12:00 p.m. noon (New York City time) on such Business Day draw the full amount of such Series 20092015-1 2 Letter of Credit by presenting a draft accompanied by a Series 2009-1 Certificate of Termination Demand and shall cause the Series 2009-1 LOC Termination Disbursements Disbursement to be deposited in the applicable Series 20092015-1 2 Cash Collateral Account.

Letter of Credit Expiration Date. If prior to the date which is sixteen ten (1610) Business Days days prior to the then scheduled Series 20092015-1 3 Letter of Credit Expiration Date with respect to any Series 20092015-1 3 Letter of Credit, excluding the amount available to be drawn under such Series 20092015-1 3 Letter of Credit but taking into account each substitute Series 20092015-1 3 Letter of Credit which has been obtained from a Series 20092015-1 3 Eligible Letter of Credit Provider and is in full force and effect on such date, (i) the Series 20092015-1 Adjusted 3 Enhancement Amount would be equal to or greater more than the Series 20092015-1 3 Required Enhancement Amount, (ii) Amount and the Series 20092015-1 Adjusted 3 Liquidity Amount would be equal to or greater than the Series 20092015-1 3 Required Liquidity Amount, or (iii) the Series 2009-1 Letter of Credit Liquidity Amount would be equal to or greater than the Series 2009-1 Demand Note Payment Amount, then the Administrator shall notify the Trustee and the Administrative Agent in writing no later than fifteen (15) two Business Days prior to such Series 20092015-1 3 Letter of Credit Expiration Date of such determination. If prior to the date which is sixteen ten (1610) Business Days days prior to the then scheduled Series 20092015-1 3 Letter of Credit Expiration Date with respect to any Series 20092015-1 3 Letter of Credit, excluding the amount available to be drawn under such Series 20092015-1 3 Letter of Americas 90884077 (2K) 71 Credit but taking into account any each substitute Series 20092015-1 3 Letter of Credit which has been obtained from a Series 20092015-1 3 Eligible Letter of Credit Provider and is in full force and effect on such date, (i) the Series 20092015-1 Adjusted 3 Enhancement Amount would be less than the Series 20092015-1 3 Required Enhancement Amount, (ii) Amount or the Series 20092015-1 Adjusted 3 Liquidity Amount would be less than the Series 20092015-1 3 Required Liquidity Amount, or (iii) the Series 2009-1 Letter of Credit Liquidity Amount would be less than the Series 2009-1 Demand Note Payment Amount, then the Administrator shall notify the Trustee and the Administrative Agent in writing no later than fifteen (15) two Business Days prior to such Series 20092015-1 3 Letter of Credit Expiration Date of (x) the greatest greater of (A) the excess, if any, of the Series 20092015-1 3 Required Enhancement Amount over the Series 20092015-1 Adjusted 3 Enhancement Amount, excluding the available amount under such expiring Series 20092015-1 3 Letter of Credit but taking into account any substitute Series 20092015-1 3 Letter of Credit which has been obtained from a Series 20092015-1 3 Eligible Letter of Credit Provider and is in full force and effect effect, on such date, and (B) the excess, if any, of the Series 20092015-1 3 Required Liquidity Amount over the Series 20092015-1 Adjusted 3 Liquidity Amount, excluding the available amount under such expiring Series 20092015-1 3 Letter of Credit but taking into account each any substitute Series 20092015-1 3 Letter of Credit which has been obtained from a Series 20092015-1 3 Eligible Letter of Credit Provider and is in full force and effect on such dateeffect, and (C) the excess, if any, of the Series 2009-1 Demand Note Payment Amount over the Series 2009-1 Letter of Credit Liquidity Amount, excluding such Series 2009-1 Letter of Credit but taking into account each substitute Series 2009-1 Letter of Credit which has been obtained from a Series 2009-1 Eligible Letter of Credit Provider and is in full force and effect on such date, and (y) the amount available to be drawn on such expiring Series 20092015-1 3 Letter of Credit on such date. Upon receipt of such notice by the Trustee on or prior to 10:30 10:00 a.m. (New York City time) on any Business Day, the Trustee shall, by 12:00 p.m. noon (New York City time) on such Business Day (or, in the case of any notice given to the Trustee after 10:30 10:00 a.m. (New York City time), by 12:00 p.m. noon (New York City time) on the next following Business Day), draw the lesser of the amounts set forth in clauses (x) and (y) above on such expiring Series 20092015-1 3 Letter of Credit by presenting a draft accompanied by a Series 2009-1 Certificate of Termination Demand and shall cause the Series 2009-1 LOC Termination Disbursements Disbursement to be deposited in the Series 20092015-1 3 Cash Collateral Account. If the Trustee does not receive the notice from the Administrator described above in the first paragraph of this Section 3.8(b) on or prior to the date that is fifteen (15) two Business Days prior to each Series 20092015-1 3 Letter of Credit Expiration Date, the Trustee shall, by 12:00 p.m. noon (New York City time) on such Business Day draw the full amount of such Series 20092015-1 3 Letter of Credit by presenting a draft accompanied by a Series 2009-1 Certificate of Termination Demand and shall cause the Series 2009-1 LOC Termination Disbursements Disbursement to be deposited in the applicable Series 20092015-1 3 Cash Collateral Account.

Letter of Credit Expiration Date. If prior to the date which is sixteen ten (1610) Business Days days prior to the then - scheduled Series 2009-1 Letter of Credit Expiration Date with respect to any Series 2009-1 Letter of Credit, excluding the amount available to be drawn under such Series 2009-1 Letter of Credit but taking into account each substitute Series 2009-1 Letter of Credit which has been obtained from a Series 2009-1 Eligible Letter of Credit Provider and is in full force and effect on such date, (i) the Series 2009-1 Adjusted Enhancement Amount would be equal to or greater more than the Series 2009-1 Required Enhancement Amount, (ii) Amount and the Series 2009-1 Adjusted Liquidity Amount would be equal to or greater than the Series 2009-1 Required Liquidity Amount, or (iii) the Series 2009-1 Letter of Credit Liquidity Amount would be equal to or greater than the Series 2009-1 Demand Note Payment Amount, then the Administrator shall notify the Trustee and the Administrative Agent in writing no later than fifteen two (152) Business Days prior to such Series 2009-1 Letter of Credit Expiration Date of such determination. If prior to the date which is sixteen ten (1610) Business Days days prior to the then then-scheduled Series 2009-1 Letter of Credit Expiration Date with respect to any Series 2009-1 Letter of Credit, excluding the amount available to be drawn under such Series 2009-1 Letter of Credit but taking into account a substitute Series 2009-1 Letter of Credit which has been obtained from a Series 2009-1 Eligible Letter of Credit Provider and is in full force and effect on such date, the Series 2009-1 Enhancement Amount would be less than the Series 2009-1 Required Enhancement Amount or the Series 2009-1 Liquidity Amount would be less than the Series 2009-1 Required Liquidity Amount, then the Administrator shall notify the Trustee in writing no later than two (2) Business Days prior to such Series 2009-1 Letter of Credit Expiration Date of (x) the greater of (A) the excess, if any, of the Series 2009-1 Required Enhancement Amount over the Series 2009-1 Enhancement Amount, excluding the available amount under such expiring Series 2009-1 Letter of Credit but taking into account any substitute Series 2009-1 Letter of Credit which has been obtained from a Series 2009-1 Eligible Letter of Credit Provider and is in full force and effect effect, on such date, and (i) the Series 2009-1 Adjusted Enhancement Amount would be less than the Series 2009-1 Required Enhancement Amount, (ii) the Series 2009-1 Adjusted Liquidity Amount would be less than the Series 2009-1 Required Liquidity Amount, or (iii) the Series 2009-1 Letter of Credit Liquidity Amount would be less than the Series 2009-1 Demand Note Payment Amount, then the Administrator shall notify the Trustee and the Administrative Agent in writing no later than fifteen (15) Business Days prior to such Series 2009-1 Letter of Credit Expiration Date of (x) the greatest of (AB) the excess, if any, of the Series 2009-1 Required Enhancement Liquidity Amount over the Series 2009-1 Adjusted Enhancement Liquidity Amount, excluding the available amount under such expiring Series 2009-1 Letter of Credit but taking into account any substitute Series 2009-1 Letter of Credit which has been obtained from a Series 2009-1 Eligible Letter of Credit Provider and is in full force and effect on such dateeffect, (B) the excess, if any, of the Series 2009-1 Required Liquidity Amount over the Series 2009-1 Adjusted Liquidity Amount, excluding such Series 2009-1 Letter of Credit but taking into account each substitute Series 2009-1 Letter of Credit which has been obtained from a Series 2009-1 Eligible Letter of Credit Provider and is in full force and effect on such date, and (C) the excess, if any, of the Series 2009-1 Demand Note Payment Amount over the Series 2009-1 Letter of Credit Liquidity Amount, excluding such Series 2009-1 Letter of Credit but taking into account each substitute Series 2009-1 Letter of Credit which has been obtained from a Series 2009-1 Eligible Letter of Credit Provider and is in full force and effect on such date, and (y) the amount available to be drawn on such expiring Series 2009-1 Letter of Credit on such date. Upon receipt of such notice by the Trustee on or prior to 10:30 10:00 a.m. (New York City time) on any Business Day, the Trustee shall, by 12:00 p.m. noon (New York City time) on such Business Day (or, in the case of any notice given to the Trustee after 10:30 10:00 a.m. (New York City time), by 12:00 p.m. noon (New York City time) on the next following Business Day), draw the lesser of the amounts set forth in clauses (x) and (y) above on such expiring Series 2009-1 Letter of Credit by presenting a draft accompanied by a Series 2009-1 Certificate of Termination Demand and shall cause the Series 2009-1 LOC Termination Disbursements Disbursement to be deposited in the Series 2009-1 Cash Collateral Account. If the Trustee does not receive the notice from the Administrator described above in the first paragraph of this Section 2.8(b) on or prior to the date that is fifteen two (152) Business Days prior to each Series 2009-1 Letter of Credit Expiration Date, the Trustee shall, by 12:00 p.m. noon (New York City time) on such Business Day draw the full amount of such Series 2009-1 Letter of Credit by presenting a draft accompanied by a Series 2009-1 Certificate of Termination Demand and shall cause the Series 2009-1 LOC Termination Disbursements Disbursement to be deposited in the applicable Series 2009-1 Cash Collateral Account.

Letter of Credit Expiration Date. If prior to the date which is sixteen ten (1610) Business Days days prior to the then scheduled then‑scheduled Series 20092019-1 3 Letter of Credit Expiration Date with respect to any Series 20092019-1 3 Letter of Credit, excluding the amount available to be drawn under such Series 20092019-1 3 Letter of Credit but taking into account each substitute Series 20092019-1 3 Letter of Credit which has been obtained from a Series 20092019-1 3 Eligible Letter of Credit Provider and is in full force and effect on such date, (i) the Series 20092019-1 Adjusted 3 Enhancement Amount would be equal to or greater more than the Series 20092019-1 3 Required Enhancement Amount, (ii) Amount and the Series 20092019-1 Adjusted 3 Liquidity Amount would be equal to or greater than the Series 20092019-1 3 Required Liquidity Amount, or (iii) the Series 2009-1 Letter of Credit Liquidity Amount would be equal to or greater than the Series 2009-1 Demand Note Payment Amount, then the Administrator shall notify the Trustee and the Administrative Agent in writing no later than fifteen two (152) Business Days prior to such Series 20092019-1 3 Letter of Credit Expiration Date of such determination. If prior to the date which is sixteen ten (1610) Business Days days prior to the then scheduled then‑scheduled Series 20092019-1 3 Letter of Credit Expiration Date with respect to any Series 20092019-1 3 Letter of Credit, excluding the amount available to be drawn under such Series 20092019-1 3 Letter of Credit but taking into account any a substitute Series 20092019-1 3 Letter of Credit which has been obtained from a Series 20092019-1 3 Eligible Letter of Credit Provider and is in full force and effect on such date, (i) the Series 20092019-1 Adjusted 3 Enhancement Amount would be less than the Series 20092019-1 3 Required Enhancement Amount, (ii) Amount or the Series 20092019-1 Adjusted 3 Liquidity Amount would be less than the Series 20092019-1 3 Required Liquidity Amount, or (iii) the Series 2009-1 Letter of Credit Liquidity Amount would be less than the Series 2009-1 Demand Note Payment Amount, then the Administrator shall notify the Trustee and the Administrative Agent in writing no later than fifteen two (152) Business Days prior to such Series 20092019-1 3 Letter of Credit Expiration Date of (x) the greatest greater of (A) the excess, if any, of the Series 20092019-1 3 Required Enhancement Amount over the Series 20092019-1 Adjusted 3 Enhancement Amount, excluding the available amount under such expiring Series 20092019-1 3 Letter of Credit but taking into account any substitute Series 20092019-1 3 Letter of Credit which has been obtained from a Series 20092019-1 3 Eligible Letter of Credit Provider and is in full force and effect effect, on such date, and (B) the excess, if any, of the Series 20092019-1 3 Required Liquidity Amount over the Series 20092019-1 Adjusted 3 Liquidity Amount, excluding the available amount under such expiring Series 20092019-1 3 Letter of Credit but taking into account each any substitute Series 20092019-1 3 Letter of Credit which has been obtained from a Series 20092019-1 3 Eligible Letter of Credit Provider and is in full force and effect on such dateeffect, and (C) the excess, if any, of the Series 2009-1 Demand Note Payment Amount over the Series 2009-1 Letter of Credit Liquidity Amount, excluding such Series 2009-1 Letter of Credit but taking into account each substitute Series 2009-1 Letter of Credit which has been obtained from a Series 2009-1 Eligible Letter of Credit Provider and is in full force and effect on such date, and (y) the amount available to be drawn on such expiring Series 20092019-1 3 Letter of Credit on such date. Upon receipt of such notice by the Trustee on or prior to 10:30 10:00 a.m. (New York City time) on any Business Day, the Trustee shall, by 12:00 p.m. noon (New York City time) on such Business Day (or, in the case of any notice given to the Trustee after 10:30 10:00 a.m. (New York City time), by 12:00 p.m. noon (New York City time) on the next following Business Day), draw the lesser of the amounts set forth in clauses (x) and (y) above on such expiring Series 20092019-1 3 Letter of Credit by presenting a draft accompanied by a Series 2009-1 Certificate of Termination Demand and shall cause the Series 2009-1 LOC Termination Disbursements Disbursement to be deposited in the Series 20092019-1 3 Cash Collateral Account. If the Trustee does not receive the notice from the Administrator described above in the first paragraph of this Section 2.8(b) on or prior to the date that is fifteen two (152) Business Days prior to each Series 20092019-1 3 Letter of Credit Expiration Date, the Trustee shall, by 12:00 p.m. noon (New York City time) on such Business Day draw the full amount of such Series 20092019-1 3 Letter of Credit by presenting a draft accompanied by a Series 2009-1 Certificate of Termination Demand and shall cause the Series 2009-1 LOC Termination Disbursements Disbursement to be deposited in the applicable Series 20092019-1 3 Cash Collateral Account.

Letter of Credit Expiration Date. If prior to the date which is sixteen ten (1610) Business Days days prior to the then then-scheduled Series 20092020-1 Letter of Credit Expiration Date with respect to any Series 20092020-1 Letter of Credit, excluding the amount available to be drawn under such Series 20092020-1 Letter of Credit but taking into account each substitute Series 20092020-1 Letter of Credit which has been obtained from a Series 20092020-1 Eligible Letter of Credit Provider and is in full force and effect on such date, (i) the Series 20092020-1 Adjusted Enhancement Amount would be equal to or greater more than the Series 20092020-1 Required Enhancement Amount, (ii) Amount and the Series 20092020-1 Adjusted Liquidity Amount would be equal to or greater than the Series 20092020-1 Required Liquidity Amount, or (iii) the Series 2009-1 Letter of Credit Liquidity Amount would be equal to or greater than the Series 2009-1 Demand Note Payment Amount, then the Administrator shall notify the Trustee and the Administrative Agent in writing no later than fifteen two (152) Business Days prior to such Series 20092020-1 Letter of Credit Expiration Date of such determination. If prior to the date which is sixteen ten (1610) Business Days days prior to the then then-scheduled Series 20092020-1 Letter of Credit Expiration Date with respect to any Series 20092020-1 Letter of Credit, excluding the amount available to be drawn under such Series 20092020-1 Letter of Credit but taking into account any a substitute Series 20092020-1 Letter of Credit which has been obtained from a Series 20092020-1 Eligible Letter of Credit Provider and is in full force and effect on such date, (i) the Series 20092020-1 Adjusted Enhancement Amount would be less than the Series 20092020-1 Required Enhancement Amount, (ii) Amount or the Series 20092020-1 Adjusted Liquidity Amount would be less than the Series 20092020-1 Required Liquidity Amount, or (iii) the Series 2009-1 Letter of Credit Liquidity Amount would be less than the Series 2009-1 Demand Note Payment Amount, then the Administrator shall notify the Trustee and the Administrative Agent in writing no later than fifteen two (152) Business Days prior to such Series 20092020-1 Letter of Credit Expiration Date of (x) the greatest greater of (A) the excess, if any, of the Series 20092020-1 Required Enhancement Amount over the Series 20092020-1 Adjusted Enhancement Amount, excluding the available amount under such expiring Series 20092020-1 Letter of Credit but taking into account any substitute Series 20092020-1 Letter of Credit which has been obtained from a Series 20092020-1 Eligible Letter of Credit Provider and is in full force and effect effect, on such date, and (B) the excess, if any, of the Series 20092020-1 Required Liquidity Amount over the Series 20092020-1 Adjusted Liquidity Amount, excluding the available amount under such expiring Series 20092020-1 Letter of Credit but taking into account each any substitute Series 20092020-1 Letter of Credit which has been obtained from a Series 20092020-1 Eligible Letter of Credit Provider and is in full force and effect on such dateeffect, and (C) the excess, if any, of the Series 2009-1 Demand Note Payment Amount over the Series 2009-1 Letter of Credit Liquidity Amount, excluding such Series 2009-1 Letter of Credit but taking into account each substitute Series 2009-1 Letter of Credit which has been obtained from a Series 2009-1 Eligible Letter of Credit Provider and is in full force and effect on such date, and (y) the amount available to be drawn on such expiring Series 20092020-1 Letter of Credit on such date. Upon receipt of such notice by the Trustee on or prior to 10:30 10:00 a.m. (New York City time) on any Business Day, the Trustee shall, by 12:00 p.m. noon (New York City time) on such Business Day (or, in the case of any notice given to the Trustee after 10:30 10:00 a.m. (New York City time), by 12:00 p.m. noon (New York City time) on the next following Business Day), draw the lesser of the amounts set forth in clauses (x) and (y) above on such expiring Series 20092020-1 Letter of Credit by presenting a draft accompanied by a Series 2009-1 Certificate of Termination Demand and shall cause the Series 2009-1 LOC Termination Disbursements Disbursement to be deposited in the Series 20092020-1 Cash Collateral Account. If the Trustee does not receive the notice from the Administrator described above in the first paragraph of this Section 2.8(b) on or prior to the date that is fifteen two (152) Business Days prior to each Series 20092020-1 Letter of Credit Expiration Date, the Trustee shall, by 12:00 p.m. noon (New York City time) on such Business Day draw the full amount of such Series 20092020-1 Letter of Credit by presenting a draft accompanied by a Series 2009-1 Certificate of Termination Demand and shall cause the Series 2009-1 LOC Termination Disbursements Disbursement to be deposited in the applicable Series 20092020-1 Cash Collateral Account.

Letter of Credit Expiration Date. If prior to the date which is sixteen ten (1610) Business Days days prior to the then - scheduled Series 20092010-1 3 Letter of Credit Expiration Date with respect to any Series 20092010-1 3 Letter of Credit, excluding the amount available to be drawn under such Series 20092010-1 3 Letter of Credit but taking into account each substitute Series 20092010-1 3 Letter of Credit which has been obtained from a Series 20092010-1 3 Eligible Letter of Credit Provider and is in full force and effect on such date, (i) the Series 20092010-1 Adjusted 3 Enhancement Amount would be equal to or greater more than the Series 20092010-1 3 Required Enhancement Amount, (ii) Amount and the Series 20092010-1 Adjusted 3 Liquidity Amount would be equal to or greater than the Series 20092010-1 3 Required Liquidity Amount, or (iii) the Series 2009-1 Letter of Credit Liquidity Amount would be equal to or greater than the Series 2009-1 Demand Note Payment Amount, then the Administrator shall notify the Trustee and the Administrative Agent in writing no later than fifteen two (152) Business Days prior to such Series 20092010-1 3 Letter of Credit Expiration Date of such determination. If prior to the date which is sixteen ten (1610) Business Days days prior to the then then-scheduled Series 20092010-1 3 Letter of Credit Expiration Date with respect to any Series 20092010-1 3 Letter of Credit, excluding the amount available to be drawn under such Series 20092010-1 3 Letter of Credit but taking into account any a substitute Series 20092010-1 3 Letter of Credit which has been obtained from a Series 20092010-1 3 Eligible Letter of Credit Provider and is in full force and effect on such date, (i) the Series 20092010-1 Adjusted 3 Enhancement Amount would be less than the Series 20092010-1 3 Required Enhancement Amount, (ii) Amount or the Series 20092010-1 Adjusted 3 Liquidity Amount would be less than the Series 20092010-1 3 Required Liquidity Amount, or (iii) the Series 2009-1 Letter of Credit Liquidity Amount would be less than the Series 2009-1 Demand Note Payment Amount, then the Administrator shall notify the Trustee and the Administrative Agent in writing no later than fifteen two (152) Business Days prior to such Series 20092010-1 3 Letter of Credit Expiration Date of (x) the greatest greater of (A) the excess, if any, of the Series 20092010-1 3 Required Enhancement Amount over the Series 20092010-1 Adjusted 3 Enhancement Amount, excluding the available amount under such expiring Series 20092010-1 3 Letter of Credit but taking into account any substitute Series 20092010-1 3 Letter of Credit which has been obtained from a Series 20092010-1 3 Eligible Letter of Credit Provider and is in full force and effect effect, on such date, and (B) the excess, if any, of the Series 20092010-1 3 Required Liquidity Amount over the Series 20092010-1 Adjusted 3 Liquidity Amount, excluding the available amount under such expiring Series 20092010-1 3 Letter of Credit but taking into account each any substitute Series 20092010-1 3 Letter of Credit which has been obtained from a Series 20092010-1 3 Eligible Letter of Credit Provider and is in full force and effect on such dateeffect, and (C) the excess, if any, of the Series 2009-1 Demand Note Payment Amount over the Series 2009-1 Letter of Credit Liquidity Amount, excluding such Series 2009-1 Letter of Credit but taking into account each substitute Series 2009-1 Letter of Credit which has been obtained from a Series 2009-1 Eligible Letter of Credit Provider and is in full force and effect on such date, and (y) the amount available to be drawn on such expiring Series 20092010-1 3 Letter of Credit on such date. Upon receipt of such notice by the Trustee on or prior to 10:30 10:00 a.m. (New York City time) on any Business Day, the Trustee shall, by 12:00 p.m. noon (New York City time) on such Business Day (or, in the case of any notice given to the Trustee after 10:30 10:00 a.m. (New York City time), by 12:00 p.m. noon (New York City time) on the next following Business Day), draw the lesser of the amounts set forth in clauses (x) and (y) above on such expiring Series 20092010-1 3 Letter of Credit by presenting a draft accompanied by a Series 2009-1 Certificate of Termination Demand and shall cause the Series 2009-1 LOC Termination Disbursements Disbursement to be deposited in the Series 20092010-1 3 Cash Collateral Account. If the Trustee does not receive the notice from the Administrator described above in the first paragraph of this Section 2.8(b) on or prior to the date that is fifteen two (152) Business Days prior to each Series 20092010-1 3 Letter of Credit Expiration Date, the Trustee shall, by 12:00 p.m. noon (New York City time) on such Business Day draw the full amount of such Series 20092010-1 3 Letter of Credit by presenting a draft accompanied by a Series 2009-1 Certificate of Termination Demand and shall cause the Series 2009-1 LOC Termination Disbursements Disbursement to be deposited in the applicable Series 20092010-1 3 Cash Collateral Account.

Letter of Credit Expiration Date. If prior to the date which is sixteen ten (1610) Business Days days prior to the then scheduled then‑scheduled Series 20092019-1 Letter of Credit Expiration Date with respect to any Series 20092019-1 Letter of Credit, excluding the amount available to be drawn under such Series 20092019-1 Letter of Credit but taking into account each substitute Series 20092019-1 Letter of Credit which has been obtained from a Series 20092019-1 Eligible Letter of Credit Provider and is in full force and effect on such date, (i) the Series 20092019-1 Adjusted Enhancement Amount would be equal to or greater more than the Series 20092019-1 Required Enhancement Amount, (ii) Amount and the Series 20092019-1 Adjusted Liquidity Amount would be equal to or greater than the Series 20092019-1 Required Liquidity Amount, or (iii) the Series 2009-1 Letter of Credit Liquidity Amount would be equal to or greater than the Series 2009-1 Demand Note Payment Amount, then the Administrator shall notify the Trustee and the Administrative Agent in writing no later than fifteen two (152) Business Days prior to such Series 20092019-1 Letter of Credit Expiration Date of such determination. If prior to the date which is sixteen ten (1610) Business Days days prior to the then scheduled then‑scheduled Series 20092019-1 Letter of Credit Expiration Date with respect to any Series 20092019-1 Letter of Credit, excluding the amount available to be drawn under such Series 20092019-1 Letter of Credit but taking into account any a substitute Series 20092019-1 Letter of Credit which has been obtained from a Series 20092019-1 Eligible Letter of Credit Provider and is in full force and effect on such date, (i) the Series 20092019-1 Adjusted Enhancement Amount would be less than the Series 20092019-1 Required Enhancement Amount, (ii) Amount or the Series 20092019-1 Adjusted Liquidity Amount would be less than the Series 20092019-1 Required Liquidity Amount, or (iii) the Series 2009-1 Letter of Credit Liquidity Amount would be less than the Series 2009-1 Demand Note Payment Amount, then the Administrator shall notify the Trustee and the Administrative Agent in writing no later than fifteen two (152) Business Days prior to such Series 20092019-1 Letter of Credit Expiration Date of (x) the greatest greater of (A) the excess, if any, of the Series 20092019-1 Required Enhancement Amount over the Series 20092019-1 Adjusted Enhancement Amount, excluding the available amount under such expiring Series 20092019-1 Letter of Credit but taking into account any substitute Series 20092019-1 Letter of Credit which has been obtained from a Series 20092019-1 Eligible Letter of Credit Provider and is in full force and effect effect, on such date, and (B) the excess, if any, of the Series 20092019-1 Required Liquidity Amount over the Series 20092019-1 Adjusted Liquidity Amount, excluding the available amount under such expiring Series 20092019-1 Letter of Credit but taking into account each any substitute Series 20092019-1 Letter of Credit which has been obtained from a Series 20092019-1 Eligible Letter of Credit Provider and is in full force and effect on such dateeffect, and (C) the excess, if any, of the Series 2009-1 Demand Note Payment Amount over the Series 2009-1 Letter of Credit Liquidity Amount, excluding such Series 2009-1 Letter of Credit but taking into account each substitute Series 2009-1 Letter of Credit which has been obtained from a Series 2009-1 Eligible Letter of Credit Provider and is in full force and effect on such date, and (y) the amount available to be drawn on such expiring Series 20092019-1 Letter of Credit on such date. Upon receipt of such notice by the Trustee on or prior to 10:30 10:00 a.m. (New York City time) on any Business Day, the Trustee shall, by 12:00 p.m. noon (New York City time) on such Business Day (or, in the case of any notice given to the Trustee after 10:30 10:00 a.m. (New York City time), by 12:00 p.m. noon (New York City time) on the next following Business Day), draw the lesser of the amounts set forth in clauses (x) and (y) above on such expiring Series 20092019-1 Letter of Credit by presenting a draft accompanied by a Series 2009-1 Certificate of Termination Demand and shall cause the Series 2009-1 LOC Termination Disbursements Disbursement to be deposited in the Series 20092019-1 Cash Collateral Account. If the Trustee does not receive the notice from the Administrator described above in the first paragraph of this Section 2.8(b) on or prior to the date that is fifteen two (152) Business Days prior to each Series 20092019-1 Letter of Credit Expiration Date, the Trustee shall, by 12:00 p.m. noon (New York City time) on such Business Day draw the full amount of such Series 20092019-1 Letter of Credit by presenting a draft accompanied by a Series 2009-1 Certificate of Termination Demand and shall cause the Series 2009-1 LOC Termination Disbursements Disbursement to be deposited in the applicable Series 20092019-1 Cash Collateral Account.

Letter of Credit Expiration Date. If prior to the date which is sixteen ten (1610) Business Days days prior to the then scheduled Series 20092008-1 Letter of Credit Expiration Date with respect to any Series 20092008-1 Letter of Credit, excluding the amount available to be drawn under such Series 20092008-1 Letter of Credit but taking into account each substitute Series 20092008-1 Letter of Credit which has been obtained from a Series 20092008-1 Eligible Letter of Credit Provider and is in full force and effect on such date, (i) the Series 20092008-1 Adjusted Enhancement Amount would be equal to or greater more than the Series 20092008-1 Required Enhancement Amount, (ii) Amount and the Series 20092008-1 Adjusted Liquidity Amount would be equal to or greater than the Series 20092008-1 Required Liquidity Amount, or (iii) the Series 2009-1 Letter of Credit Liquidity Amount would be equal to or greater than the Series 2009-1 Demand Note Payment Amount, then the Administrator shall notify the Trustee and the Administrative Agent in writing no later than fifteen (15) two Business Days prior to such Series 20092008-1 Letter of Credit Expiration Date of such determination. If prior to the date which is sixteen ten (1610) Business Days days prior to the then scheduled Series 20092008-1 Letter of Credit Expiration Date with respect to any Series 20092008-1 Letter of Credit, excluding the amount available to be drawn under such Series 20092008-1 Letter of Credit but taking into account any each substitute Series 20092008-1 Letter of Credit which has been obtained from a Series 20092008-1 Eligible Letter of Credit Provider and is in full force and effect on such date, (i) the Series 20092008-1 Adjusted Enhancement Amount would be less than the Series 20092008-1 Required Enhancement Amount, (ii) Amount or the Series 20092008-1 Adjusted Liquidity Amount would be less than the Series 20092008-1 Required Liquidity Amount, or (iii) the Series 2009-1 Letter of Credit Liquidity Amount would be less than the Series 2009-1 Demand Note Payment Amount, then the Administrator shall notify the Trustee and the Administrative Agent in writing no later than fifteen (15) two Business Days prior to such Series 20092008-1 Letter of Credit Expiration Date of (x) the greatest greater of (A) the excess, if any, of the Series 20092008-1 Required Enhancement Amount over the Series 20092008-1 Adjusted Enhancement Amount, excluding the available amount under such expiring Series 20092008-1 Letter of Credit but taking into account any substitute Series 20092008-1 Letter of Credit which has been obtained from a Series 20092008-1 Eligible Letter of Credit Provider and is in full force and effect effect, on such date, and (B) the excess, if any, of the Series 20092008-1 Required Liquidity Amount over the Series 20092008-1 Adjusted Liquidity Amount, excluding the available amount under such expiring Series 20092008-1 Letter of Credit but taking into account each any substitute Series 20092008-1 Letter of Credit which has been obtained from a Series 20092008-1 Eligible Letter of Credit Provider and is in full force and effect on such dateeffect, and (C) the excess, if any, of the Series 2009-1 Demand Note Payment Amount over the Series 2009-1 Letter of Credit Liquidity Amount, excluding such Series 2009-1 Letter of Credit but taking into account each substitute Series 2009-1 Letter of Credit which has been obtained from a Series 2009-1 Eligible Letter of Credit Provider and is in full force and effect on such date, and (y) the amount available to be drawn on such expiring Series 20092008-1 Letter of Credit on such date. Upon receipt of such notice by the Trustee on or prior to 10:30 10:00 a.m. (New York City time) on any Business Day, the Trustee shall, by 12:00 p.m. noon (New York City time) on such Business Day (or, in the case of any notice given to the Trustee after 10:30 10:00 a.m. (New York City time), by 12:00 p.m. noon (New York City time) on the next following Business Day), draw the lesser of the amounts set forth in clauses (x) and (y) above on such expiring Series 20092008-1 Letter of Credit by presenting a draft accompanied by a Series 2009-1 Certificate of Termination Demand and shall cause the Series 2009-1 LOC Termination Disbursements Disbursement to be deposited in the Series 20092008-1 Cash Collateral Account. If the Trustee does not receive the notice from the Administrator described above in the first paragraph of this Section 3.8(b) on or prior to the date that is fifteen (15) two Business Days prior to each Series 20092008-1 Letter of Credit Expiration Date, the Trustee shall, by 12:00 p.m. noon (New York City time) on such Business Day draw the full amount of such Series 20092008-1 Letter of Credit by presenting a draft accompanied by a Series 2009-1 Certificate of Termination Demand and shall cause the Series 2009-1 LOC Termination Disbursements Disbursement to be deposited in the applicable Series 20092008-1 Cash Collateral Account.