Common use of Offered Notes Clause in Contracts

Offered Notes. The notes described below in this Section 1 are the “Offered Notes” for the purpose of this Terms Agreement and for purposes of the above-referenced Underwriting Agreement (the “Underwriting Agreement”). The Underwriting Agreement is incorporated herein and made a part hereof. The Offered Notes are the Series 2012-3 Notes that will be issued by GE Dealer Floorplan Master Note Trust. Class Principal Amount Interest Rate Final Maturity Date A $ 600,000,000 One month LIBOR plus 0.49% per year June 20, 2017 B $ 12,632,000 One month LIBOR plus 0.90% per year June 20, 2017

Offered Notes. The notes described below in this Section 1 are the “Offered Notes” for the purpose of this Terms Agreement and for purposes of the above-referenced Underwriting Agreement (the “Underwriting Agreement”). The Underwriting Agreement is incorporated herein and made a part hereof. The Offered Notes are the Series 2012-3 4 Notes that will be issued by GE Dealer Floorplan Master Note Trust. Class Principal Amount Interest Rate Final Maturity Date A $ 600,000,000 One month LIBOR plus 0.490.44% per year June October 20, 2017 B $ 12,632,000 One month LIBOR plus 0.900.70% per year June October 20, 2017

Offered Notes. The notes described below in this Section 1 are the “Offered Notes” for the purpose of this Terms Agreement and for purposes of the above-referenced Underwriting Agreement (the “Underwriting Agreement”). The Underwriting Agreement is incorporated herein and made a part hereof. The Offered Notes are the Series 20122006-3 Notes that will be issued by GE Dealer Floorplan Master Note Trust. Principal Final Class Principal Amount Interest Rate Final Maturity Date A $ 600,000,000 955,000,000 One month LIBOR July 20, 2011 plus 0.490.01% per year June 20, 2017 B $ 12,632,000 35,000,000 One month LIBOR July 20, 2011 plus 0.900.17% per year June C $ 10,000,000 One month LIBOR July 20, 20172011 plus 0.35% per year

Offered Notes. The notes described below in this Section 1 are the “Offered Notes” for the purpose of this Terms Agreement and for purposes of the above-referenced Underwriting Agreement (the “Underwriting Agreement”). The Underwriting Agreement is incorporated herein and made a part hereof. The Offered Notes Note are the Series 20122006-3 2 Notes that will be issued by GE Dealer Floorplan Master Note Trust. Final Class Principal Amount Interest Rate Final Maturity Date A $ 600,000,000 One 477,500,000 One-month LIBOR plus 0.490.07% per year June 20April 22, 2017 2013 B $ 12,632,000 One 17,500,000 One-month LIBOR plus 0.900.24% per year June 20April 22, 20172013 C $ 5,000,000 One-month LIBOR plus 0.43% per year April 22, 2013

Offered Notes. The notes described below in this Section 1 are the “Offered Notes” for the purpose of this Terms Agreement and for purposes of the above-referenced Underwriting Agreement (the “Underwriting Agreement”). The Underwriting Agreement is incorporated herein and made a part hereof. The Offered Notes are the Series 20122006-3 1 Notes that will be issued by GE Dealer Floorplan Master Note Trust. Final Class Principal Amount Interest Rate Final Maturity Date A $ 600,000,000 One 1,432,500,000 One-month LIBOR plus 0.490.01% per year June April 20, 2017 2011 B $ 12,632,000 One 52,500,000 One-month LIBOR plus 0.900.17% per year June April 20, 20172011 C $ 15,000,000 One-month LIBOR plus 0.37% per year April 20, 2011

Offered Notes. The notes described below in this Section 1 are the “Offered Notes” for the purpose of this Terms Agreement and for purposes of the above-referenced Underwriting Agreement (the “Underwriting Agreement”). The Underwriting Agreement is incorporated herein and made a part hereof. The Offered Notes are the Series 20122007-3 1 Notes that will be issued by GE Dealer Floorplan Master Note Trust. Class Principal Amount Interest Rate Final Maturity Date A $ 600,000,000 962,500,000 One month LIBOR plus 0.490.04% per year June 20April 21, 2017 2014 B $ 12,632,000 27,500,000 One month LIBOR plus 0.900.20% per year June 20April 21, 20172014 C $ 10,000,000 One month LIBOR plus 0.40% per year April 21, 2014

Offered Notes. The notes described below in this Section 1 are the “Offered Notes” for the purpose of this Terms Agreement and for purposes of the above-referenced Underwriting Agreement (the “Underwriting Agreement”). The Underwriting Agreement is incorporated herein and made a part hereof. The Offered Notes are the Series 20122006-3 4 Notes that will be issued by GE Dealer Floorplan Master Note Trust. Principal Final Class Principal Amount Interest Rate Final Maturity Date A $ 600,000,000 1,193,750,000 One month LIBOR plus 0.490.01% per year June October 20, 2017 2011 B $ 12,632,000 43,750,000 One month LIBOR plus 0.900.12% per year June October 20, 20172011 C $ 12,500,000 One month LIBOR plus 0.35% per year October 20, 2011 2006-4 Terms Agreement

Offered Notes. The notes described below in this Section 1 are the “Offered Notes” for the purpose of this Terms Agreement and for purposes of the above-referenced Underwriting Agreement (the “Underwriting Agreement”). The Underwriting Agreement is incorporated herein and made a part hereof. The Offered Notes are the Series 20122007-3 2 Notes that will be issued by GE Dealer Floorplan Master Note Trust. Class Principal Amount Interest Rate Final Maturity Date A $ 600,000,000 970,000,000 One month LIBOR plus 0.490.01% per year June July 20, 2017 2012 B $ 12,632,000 20,000,000 One month LIBOR plus 0.900.40 % per year June July 20, 20172012 C $ 10,000,000 One month LIBOR plus 0.80 % per year July 20, 2012 2007-2 Terms Agreement