Common use of Optional Termination Clause in Contracts

Optional Termination. (a) On any Payment Date on which the Outstanding Amount is equal to or less than 5% of the Initial Note Balance, after giving effect to all principal payments on such Payment Date, the Servicer will have the option to purchase the 2019-A Exchange Note in whole but not in part. To exercise such option, the Servicer will (i) notify the Borrower, the Collateral Agent, the Administrative Agent and the Indenture Trustee of such election not fewer than ten and not more than 30 days prior to the related Payment Date and (ii) deposit in the 2019-A Exchange Note Collection Account an amount equal to the 2019-A Exchange Note Purchase Price. The 2019-A ABS Notes shall be redeemed in accordance with Section 10.01 of the Indenture. (b) Upon purchase of the 2019-A Exchange Note by the Servicer pursuant to this Section and upon redemption of the Notes and the payment of all Issuer Obligations in full, pursuant to Section 4.06 of the Basic Collateral Agency Agreement, the Borrower shall cancel the 2019-A Exchange Note and the 2019-A Leases and 2019-A Vehicles shall be reallocated to the Revolving Facility Pool.

Optional Termination. (a) On any Payment Date on which the Outstanding Amount is equal to or less than 5% of the Initial Note Balance, after giving effect to all principal payments on such Payment Date, the Servicer will have the option to purchase the 20192016-A B Exchange Note in whole but not in part. To exercise such option, the Servicer will (i) notify the Borrower, the Collateral Agent, the Administrative Agent and the Indenture Trustee of such election not fewer than ten and not more than 30 days prior to the related Payment Date and (ii) deposit in the 20192016-A B Exchange Note Collection Account an amount equal to the 20192016-A B Exchange Note Purchase Price. The 20192016-A B ABS Notes shall be redeemed in accordance with Section 10.01 of the Indenture. (b) Upon purchase of the 20192016-A B Exchange Note by the Servicer pursuant to this Section and upon redemption of the Notes and the payment of all Issuer Obligations in full, pursuant to Section 4.06 of the Basic Collateral Agency Agreement, the Borrower shall cancel the 20192016-A B Exchange Note and the 20192016-A B Leases and 20192016-A B Vehicles shall be reallocated to the Revolving Facility Pool.

Optional Termination. (a) On any Payment Date on which the Outstanding Amount is equal to or less than 5% of the Initial Note Balance, after giving effect to all principal payments on such Payment Date, the Servicer will have the option to purchase the 20192018-A Exchange Note in whole but not in part. To exercise such option, the Servicer will (i) notify the Borrower, the Collateral Agent, the Administrative Agent and the Indenture Trustee of such election not fewer than ten and not more than 30 days prior to the related Payment Date and (ii) deposit in the 20192018-A Exchange Note Collection Account an amount equal to the 20192018-A Exchange Note Purchase Price. The 20192018-A ABS Notes shall be redeemed in accordance with Section 10.01 of the Indenture. (b) Upon purchase of the 20192018-A Exchange Note by the Servicer pursuant to this Section and upon redemption of the Notes and the payment of all Issuer Obligations in full, pursuant to Section 4.06 of the Basic Collateral Agency Agreement, the Borrower shall cancel the 20192018-A Exchange Note and the 20192018-A Leases and 20192018-A Vehicles shall be reallocated to the Revolving Facility Pool.

Optional Termination. (a) On any Payment Date on which the Outstanding Amount is equal to or less than 5% of the Initial Note Balance, after giving effect to all principal payments on such Payment Date, the Servicer will have the option to purchase the 20192021-A Exchange Note in whole but not in part. To exercise such option, the Servicer will (i) notify the Borrower, the Collateral Agent, the Administrative Agent and the Indenture Trustee of such election not fewer than ten and not more than 30 days prior to the related Payment Date and (ii) deposit in the 20192021-A Exchange Note Collection Account an amount equal to the 20192021-A Exchange Note Purchase Price. The 20192021-A ABS Notes shall be redeemed in accordance with Section 10.01 of the Indenture. (b) Upon purchase of the 20192021-A Exchange Note by the Servicer pursuant to this Section and upon redemption of the Notes and the payment of all Issuer Obligations in full, pursuant to Section 4.06 of the Basic Collateral Agency Agreement, the Borrower shall cancel the 20192021-A Exchange Note and the 20192021-A Leases and 20192021-A Vehicles shall be reallocated to the Revolving Facility Pool.

Optional Termination. (a) On any Payment Date on which the Outstanding Amount is equal to or less than 5% of the Initial Note Balance, after giving effect to all principal payments on such Payment Date, the Servicer will have the option to purchase the 20192020-A B Exchange Note in whole but not in part. To exercise such option, the Servicer will (i) notify the Borrower, the Collateral Agent, the Administrative Agent and the Indenture Trustee of such election not fewer than ten and not more than 30 days prior to the related Payment Date and (ii) deposit in the 20192020-A B Exchange Note Collection Account an amount equal to the 20192020-A B Exchange Note Purchase Price. The 20192020-A B ABS Notes shall be redeemed in accordance with Section 10.01 of the Indenture. (b) Upon purchase of the 20192020-A B Exchange Note by the Servicer pursuant to this Section and upon redemption of the Notes and the payment of all Issuer Obligations in full, pursuant to Section 4.06 of the Basic Collateral Agency Agreement, the Borrower shall cancel the 20192020-A B Exchange Note and the 20192020-A B Leases and 20192020-A B Vehicles shall be reallocated to the Revolving Facility Pool.

Optional Termination. (a) On any Payment Date on which the Outstanding Amount is equal to or less than 5% of the Initial Note Balance, after giving effect to all principal payments on such Payment Date, the Servicer will have the option to purchase the 20192024-A B Exchange Note in whole but not in part. To exercise such option, the Servicer will (i) notify the Borrower, the Collateral Agent, the Administrative Agent and the Indenture Trustee of such election not fewer than ten and not more than 30 days prior to the related Payment Date and (ii) deposit in the 20192024-A B Exchange Note Collection Account an amount equal to the 20192024-A B Exchange Note Purchase Price. The 20192024-A B ABS Notes shall be redeemed in accordance with Section 10.01 of the Indenture. (b) Upon purchase of the 20192024-A B Exchange Note by the Servicer pursuant to this Section and upon redemption of the Notes and the payment of all Issuer Obligations in full, pursuant to Section 4.06 of the Basic Collateral Agency Agreement, the Borrower shall cancel the 20192024-A B Exchange Note and the 20192024-A B Leases and 20192024-A B Vehicles shall be reallocated to the Revolving Facility Pool.

Optional Termination. (a) On any Payment Date on which the Outstanding Amount is equal to or less than 5% of the Initial Note Balance, after giving effect to all principal payments on such Payment Date, the Servicer will have the option to purchase the 20192025-A Exchange Note in whole but not in part. To exercise such option, the Servicer will (i) notify the Borrower, the Collateral Agent, the Administrative Agent and the Indenture Trustee of such election not fewer than ten and not more than 30 days prior to the related Payment Date and (ii) deposit in the 20192025-A Exchange Note Collection Account an amount equal to the 20192025-A Exchange Note Purchase Price. The 20192025-A ABS Notes shall be redeemed in accordance with Section 10.01 of the Indenture. (b) Upon purchase of the 20192025-A Exchange Note by the Servicer pursuant to this Section and upon redemption of the Notes and the payment of all Issuer Obligations in full, pursuant to Section 4.06 of the Basic Collateral Agency Agreement, the Borrower shall cancel the 20192025-A Exchange Note and the 20192025-A Leases and 20192025-A Vehicles shall be reallocated to the Revolving Facility Pool.

Optional Termination. (a) On any Payment Date on which the Outstanding Amount is equal to or less than 5% of the Initial Note Balance, after giving effect to all principal payments on such Payment Date, the Servicer will have the option to purchase the 20192016-A Exchange Note in whole but not in part. To exercise such option, the Servicer will (i) notify the Borrower, the Collateral Agent, the Administrative Agent and the Indenture Trustee of such election not fewer than ten and not more than 30 days prior to the related Payment Date and (ii) deposit in the 20192016-A Exchange Note Collection Account an amount equal to the 20192016-A Exchange Note Purchase Price. The 20192016-A ABS Notes shall be redeemed in accordance with Section 10.01 of the Indenture. (b) Upon purchase of the 20192016-A Exchange Note by the Servicer pursuant to this Section and upon redemption of the Notes and the payment of all Issuer Obligations in full, pursuant to Section 4.06 of the Basic Collateral Agency Agreement, the Borrower shall cancel the 20192016-A Exchange Note and the 20192016-A Leases and 20192016-A Vehicles shall be reallocated to the Revolving Facility Pool.

Optional Termination. (a) On any Payment Date on which the Outstanding Amount is equal to or less than 510% of the Initial Note Balance, after giving effect to all principal payments on such Payment Date, the Servicer will have the option to purchase the 20192012-A Exchange Note in whole but not in part. To exercise such option, the Servicer will (i) notify the Borrower, the Collateral Agent, the Administrative Agent and the Indenture Trustee of such election not fewer than ten and not more than 30 days prior to the related Payment Date and (ii) deposit in the 20192012-A Exchange Note Collection Account an amount equal to the 20192012-A Exchange Note Purchase Price. The 20192012-A ABS Notes shall be redeemed in accordance with Section 10.01 of the Indenture. (b) Upon purchase of the 20192012-A Exchange Note by the Servicer pursuant to this Section and upon redemption of the Notes and the payment of all Issuer Obligations in full, pursuant to Section 4.06 of the Basic Collateral Agency Agreement, the Borrower shall cancel the 20192012-A Exchange Note and the 20192012-A Leases and 20192012-A Vehicles shall be reallocated to the Revolving Facility Pool.

Optional Termination. (a) On any Payment Date on which the Outstanding Amount is equal to or less than 5% of the Initial Note Balance, after giving effect to all principal payments on such Payment Date, the Servicer will have the option to purchase the 20192018-A B Exchange Note in whole but not in part. To exercise such option, the Servicer will (i) notify the Borrower, the Collateral Agent, the Administrative Agent and the Indenture Trustee of such election not fewer than ten and not more than 30 days prior to the related Payment Date and (ii) deposit in the 20192018-A B Exchange Note Collection Account an amount equal to the 20192018-A B Exchange Note Purchase Price. The 20192018-A B ABS Notes shall be redeemed in accordance with Section 10.01 of the Indenture. (b) Upon purchase of the 20192018-A B Exchange Note by the Servicer pursuant to this Section and upon redemption of the Notes and the payment of all Issuer Obligations in full, pursuant to Section 4.06 of the Basic Collateral Agency Agreement, the Borrower shall cancel the 20192018-A B Exchange Note and the 20192018-A B Leases and 20192018-A B Vehicles shall be reallocated to the Revolving Facility Pool.

Optional Termination. (a) On any Payment Date on which the Outstanding Amount is equal to or less than 5% of the Initial Note Balance, after giving effect to all principal payments on such Payment Date, the Servicer will have the option to purchase the 2019-A B Exchange Note in whole but not in part. To exercise such option, the Servicer will (i) notify the Borrower, the Collateral Agent, the Administrative Agent and the Indenture Trustee of such election not fewer than ten and not more than 30 days prior to the related Payment Date and (ii) deposit in the 2019-A B Exchange Note Collection Account an amount equal to the 2019-A B Exchange Note Purchase Price. The 2019-A B ABS Notes shall be redeemed in accordance with Section 10.01 of the Indenture. (b) Upon purchase of the 2019-A B Exchange Note by the Servicer pursuant to this Section and upon redemption of the Notes and the payment of all Issuer Obligations in full, pursuant to Section 4.06 of the Basic Collateral Agency Agreement, the Borrower shall cancel the 2019-A B Exchange Note and the 2019-A B Leases and 2019-A B Vehicles shall be reallocated to the Revolving Facility Pool.

Optional Termination. (a) On any Payment Date on which the Outstanding Amount is equal to or less than 5% of the Initial Note Balance, after giving effect to all principal payments on such Payment Date, the Servicer will have the option to purchase the 20192017-A Exchange Note in whole but not in part. To exercise such option, the Servicer will (i) notify the Borrower, the Collateral Agent, the Administrative Agent and the Indenture Trustee of such election not fewer than ten and not more than 30 days prior to the related Payment Date and (ii) deposit in the 20192017-A Exchange Note Collection Account an amount equal to the 20192017-A Exchange Note Purchase Price. The 20192017-A ABS Notes shall be redeemed in accordance with Section 10.01 of the Indenture. (b) Upon purchase of the 20192017-A Exchange Note by the Servicer pursuant to this Section and upon redemption of the Notes and the payment of all Issuer Obligations in full, pursuant to Section 4.06 of the Basic Collateral Agency Agreement, the Borrower shall cancel the 20192017-A Exchange Note and the 20192017-A Leases and 20192017-A Vehicles shall be reallocated to the Revolving Facility Pool.

Optional Termination. (a) On any Payment Date on which the Outstanding Amount is equal to or less than 5% of the Initial Note Balance, after giving effect to all principal payments on such Payment Date, the Servicer will have the option to purchase the 20192021-A B Exchange Note in whole but not in part. To exercise such option, the Servicer will (i) notify the Borrower, the Collateral Agent, the Administrative Agent and the Indenture Trustee of such election not fewer than ten and not more than 30 days prior to the related Payment Date and (ii) deposit in the 20192021-A B Exchange Note Collection Account an amount equal to the 20192021-A B Exchange Note Purchase Price. The 20192021-A B ABS Notes shall be redeemed in accordance with Section 10.01 of the Indenture. (b) Upon purchase of the 20192021-A B Exchange Note by the Servicer pursuant to this Section and upon redemption of the Notes and the payment of all Issuer Obligations in full, pursuant to Section 4.06 of the Basic Collateral Agency Agreement, the Borrower shall cancel the 20192021-A B Exchange Note and the 20192021-A B Leases and 20192021-A B Vehicles shall be reallocated to the Revolving Facility Pool.

Optional Termination. (a) On any Payment Date on which the Outstanding Amount is equal to or less than 5% of the Initial Note Balance, after giving effect to all principal payments on such Payment Date, the Servicer will have the option to purchase the 20192026-A Exchange Note in whole but not in part. To exercise such option, the Servicer will (i) notify the Borrower, the Collateral Agent, the Administrative Agent and the Indenture Trustee of such election not fewer than ten and not more than 30 days prior to the related Payment Date and (ii) deposit in the 20192026-A Exchange Note Collection Account an amount equal to the 20192026-A Exchange Note Purchase Price. The 20192026-A ABS Notes shall be redeemed in accordance with Section 10.01 of the Indenture. (b) Upon purchase of the 20192026-A Exchange Note by the Servicer pursuant to this Section and upon redemption of the Notes and the payment of all Issuer Obligations in full, pursuant to Section 4.06 of the Basic Collateral Agency Agreement, the Borrower shall cancel the 20192026-A Exchange Note and the 20192026-A Leases and 20192026-A Vehicles shall be reallocated to the Revolving Facility Pool.

Optional Termination. (a) On any Payment Date on which the Outstanding Amount is equal to or less than 5% of the Initial Note Balance, after giving effect to all principal payments on such Payment Date, the Servicer will have the option to purchase the 20192025-A B Exchange Note in whole but not in part. To exercise such option, the Servicer will (i) notify the Borrower, the Collateral Agent, the Administrative Agent and the Indenture Trustee of such election not fewer than ten and not more than 30 days prior to the related Payment Date and (ii) deposit in the 20192025-A B Exchange Note Collection Account an amount equal to the 20192025-A B Exchange Note Purchase Price. The 20192025-A B ABS Notes shall be redeemed in accordance with Section 10.01 of the Indenture. (b) Upon purchase of the 20192025-A B Exchange Note by the Servicer pursuant to this Section and upon redemption of the Notes and the payment of all Issuer Obligations in full, pursuant to Section 4.06 of the Basic Collateral Agency Agreement, the Borrower shall cancel the 20192025-A B Exchange Note and the 20192025-A B Leases and 20192025-A B Vehicles shall be reallocated to the Revolving Facility Pool.

Optional Termination. (a) On any Payment Date on which the Outstanding Amount is equal to or less than 5% of the Initial Note Balance, after giving effect to all principal payments on such Payment Date, the Servicer will have the option to purchase the 20192024-A Exchange Note in whole but not in part. To exercise such option, the Servicer will (i) notify the Borrower, the Collateral Agent, the Administrative Agent and the Indenture Trustee of such election not fewer than ten and not more than 30 days prior to the related Payment Date and (ii) deposit in the 20192024-A Exchange Note Collection Account an amount equal to the 20192024-A Exchange Note Purchase Price. The 20192024-A ABS Notes shall be redeemed in accordance with Section 10.01 of the Indenture. (b) Upon purchase of the 20192024-A Exchange Note by the Servicer pursuant to this Section and upon redemption of the Notes and the payment of all Issuer Obligations in full, pursuant to Section 4.06 of the Basic Collateral Agency Agreement, the Borrower shall cancel the 20192024-A Exchange Note and the 20192024-A Leases and 20192024-A Vehicles shall be reallocated to the Revolving Facility Pool.

Optional Termination. (a) On any Payment Date on which the Outstanding Amount is equal to or less than 5% of the Initial Note Balance, after giving effect to all principal payments on such Payment Date, the Servicer will have the option to purchase the 20192020-A Exchange Note in whole but not in part. To exercise such option, the Servicer will (i) notify the Borrower, the Collateral Agent, the Administrative Agent and the Indenture Trustee of such election not fewer than ten and not more than 30 days prior to the related Payment Date and (ii) deposit in the 20192020-A Exchange Note Collection Account an amount equal to the 20192020-A Exchange Note Purchase Price. The 20192020-A ABS Notes shall be redeemed in accordance with Section 10.01 of the Indenture. (b) Upon purchase of the 20192020-A Exchange Note by the Servicer pursuant to this Section and upon redemption of the Notes and the payment of all Issuer Obligations in full, pursuant to Section 4.06 of the Basic Collateral Agency Agreement, the Borrower shall cancel the 20192020-A Exchange Note and the 20192020-A Leases and 20192020-A Vehicles shall be reallocated to the Revolving Facility Pool.

Optional Termination. (a) On any Payment Date on which the Outstanding Amount is equal to or less than 5% of the Initial Note Balance, after giving effect to all principal payments on such Payment Date, the Servicer will have the option to purchase the 20192023-A Exchange Note in whole but not in part. To exercise such option, the Servicer will (i) notify the Borrower, the Collateral Agent, the Administrative Agent and the Indenture Trustee of such election not fewer than ten and not more than 30 days prior to the related Payment Date and (ii) deposit in the 20192023-A Exchange Note Collection Account an amount equal to the 20192023-A Exchange Note Purchase Price. The 20192023-A ABS Notes shall be redeemed in accordance with Section 10.01 of the Indenture. (b) Upon purchase of the 20192023-A Exchange Note by the Servicer pursuant to this Section and upon redemption of the Notes and the payment of all Issuer Obligations in full, pursuant to Section 4.06 of the Basic Collateral Agency Agreement, the Borrower shall cancel the 20192023-A Exchange Note and the 20192023-A Leases and 20192023-A Vehicles shall be reallocated to the Revolving Facility Pool.

Optional Termination. (a) On any Payment Date on which the Outstanding Amount is equal to or less than 5% of the Initial Note Balance, after giving effect to all principal payments on such Payment Date, the Servicer will have the option to purchase the 20192015-A B Exchange Note in whole but not in part. To exercise such option, the Servicer will (i) notify the Borrower, the Collateral Agent, the Administrative Agent and the Indenture Trustee of such election not fewer than ten and not more than 30 days prior to the related Payment Date and (ii) deposit in the 20192015-A B Exchange Note Collection Account an amount equal to the 20192015-A B Exchange Note Purchase Price. The 20192015-A B ABS Notes shall be redeemed in accordance with Section 10.01 of the Indenture. (b) Upon purchase of the 20192015-A B Exchange Note by the Servicer pursuant to this Section and upon redemption of the Notes and the payment of all Issuer Obligations in full, pursuant to Section 4.06 of the Basic Collateral Agency Agreement, the Borrower shall cancel the 20192015-A B Exchange Note Note, and the 20192015-A B Leases and 20192015-A B Vehicles shall be reallocated to the Revolving Facility Pool.

Optional Termination. (a) On any Payment Date on which the Outstanding Amount is equal to or less than 510% of the Initial Note Balance, after giving effect to all principal payments on such Payment Date, the Servicer will have the option to purchase the 20192013-A Exchange Note in whole but not in part. To exercise such option, the Servicer will (i) notify the Borrower, the Collateral Agent, the Administrative Agent and the Indenture Trustee of such election not fewer than ten and not more than 30 days prior to the related Payment Date and (ii) deposit in the 20192013-A Exchange Note Collection Account an amount equal to the 20192013-A Exchange Note Purchase Price. The 20192013-A ABS Notes shall be redeemed in accordance with Section 10.01 of the Indenture. (b) Upon purchase of the 20192013-A Exchange Note by the Servicer pursuant to this Section and upon redemption of the Notes and the payment of all Issuer Obligations in full, pursuant to Section 4.06 of the Basic Collateral Agency Agreement, the Borrower shall cancel the 20192013-A Exchange Note Note, and the 20192013-A Leases and 20192013-A Vehicles shall be reallocated to the Revolving Facility Pool.

Optional Termination. (a) On any Payment Date on which the Outstanding Amount is equal to or less than 510% of the Initial Note Balance, after giving effect to all principal payments on such Payment Date, the Servicer will have the option to purchase the 20192015-A Exchange Note in whole but not in part. To exercise such option, the Servicer will (i) notify the Borrower, the Collateral Agent, the Administrative Agent and the Indenture Trustee of such election not fewer than ten and not more than 30 days prior to the related Payment Date and (ii) deposit in the 20192015-A Exchange Note Collection Account an amount equal to the 20192015-A Exchange Note Purchase Price. The 20192015-A ABS Notes shall be redeemed in accordance with Section 10.01 of the Indenture. (b) Upon purchase of the 20192015-A Exchange Note by the Servicer pursuant to this Section and upon redemption of the Notes and the payment of all Issuer Obligations in full, pursuant to Section 4.06 of the Basic Collateral Agency Agreement, the Borrower shall cancel the 20192015-A Exchange Note Note, and the 20192015-A Leases and 20192015-A Vehicles shall be reallocated to the Revolving Facility Pool.

Optional Termination. (a) On any Payment Date on which the Outstanding Amount is equal to or less than 510% of the Initial Note Balance, after giving effect to all principal payments on such Payment Date, the Servicer will have the option to purchase the 20192014-A Exchange Note in whole but not in part. To exercise such option, the Servicer will (i) notify the Borrower, the Collateral Agent, the Administrative Agent and the Indenture Trustee of such election not fewer than ten and not more than 30 days prior to the related Payment Date and (ii) deposit in the 20192014-A Exchange Note Collection Account an amount equal to the 20192014-A Exchange Note Purchase Price. The 20192014-A ABS Notes shall be redeemed in accordance with Section 10.01 of the Indenture. (b) Upon purchase of the 20192014-A Exchange Note by the Servicer pursuant to this Section and upon redemption of the Notes and the payment of all Issuer Obligations in full, pursuant to Section 4.06 of the Basic Collateral Agency Agreement, the Borrower shall cancel the 20192014-A Exchange Note Note, and the 20192014-A Leases and 20192014-A Vehicles shall be reallocated to the Revolving Facility Pool.

Optional Termination. (a) On any Payment Date on which the Outstanding Amount is equal to or less than 510% of the Initial Note Balance, after giving effect to all principal payments on such Payment Date, the Servicer will have the option to purchase the 20192013-A B Exchange Note in whole but not in part. To exercise such option, the Servicer will (i) notify the Borrower, the Collateral Agent, the Administrative Agent and the Indenture Trustee of such election not fewer than ten and not more than 30 days prior to the related Payment Date and (ii) deposit in the 20192013-A B Exchange Note Collection Account an amount equal to the 20192013-A B Exchange Note Purchase Price. The 20192013-A B ABS Notes shall be redeemed in accordance with Section 10.01 of the Indenture. (b) Upon purchase of the 20192013-A B Exchange Note by the Servicer pursuant to this Section and upon redemption of the Notes and the payment of all Issuer Obligations in full, pursuant to Section 4.06 of the Basic Collateral Agency Agreement, the Borrower shall cancel the 20192013-A B Exchange Note Note, and the 20192013-A B Leases and 20192013-A B Vehicles shall be reallocated to the Revolving Facility Pool.

Optional Termination. (a) On any Payment Date on which the Outstanding Amount is equal to or less than 5% of the Initial Note Balance, after giving effect to all principal payments on such Payment Date, the Servicer will have the option to purchase the 20192026-A B Exchange Note in whole but not in part. To exercise such option, the Servicer will (i) notify the Borrower, the Collateral Agent, the Administrative Agent and the Indenture Trustee of such election not fewer than ten and not more than 30 days prior to the related Payment Date and (ii) deposit in the 20192026-A B Exchange Note Collection Account an amount equal to the 20192026-A B Exchange Note Purchase Price. The 20192026-A B ABS Notes shall be redeemed in accordance with Section 10.01 of the Indenture. (b) Upon purchase of the 20192026-A B Exchange Note by the Servicer pursuant to this Section and upon redemption of the Notes and the payment of all Issuer Obligations in full, pursuant to Section 4.06 of the Basic Collateral Agency Agreement, the Borrower shall cancel the 20192026-A B Exchange Note and the 20192026-A B Leases and 20192026-A B Vehicles shall be reallocated to the Revolving Facility Pool.