Common use of Private Notes Clause in Contracts

Private Notes. Class A-1 Notes Underwriters Barclays Capital Inc. Deutsche Bank Securities Inc. RBS Securities Inc. BB Securities Limited Lloyds Securities Inc. Terms of the Publicly Registered Notes Pricing Date: March 18, 2014 Time of Sale: 1:20 PM (EDT), March 18, 2014 Closing Date: March 26, 2014 Required Ratings as of the Closing Date The ratings on each Class of Publicly Registered Notes from the NRSROs specified in the Time of Sale Information. Pricing Information Notes Aggregate Principal Amount Interest Rate Purchase Price (as a % of the aggregate principal amount) Underwriting Discount Final Scheduled Payment Date Class A-2a Notes $ 132,000,000 0.50% 99.79833 % 0.200 % October 15, 2016 Class A-2b Notes $ 393,000,000 one-month LIBOR + 0.18% 99.80000 % 0.200 % October 15, 2016 Class A-3 Notes $ 375,000,000 0.68% 99.73543 % 0.250 % April 15, 2017 Class A-4 Notes $ 120,000,000 0.90% 99.69716 % 0.300 % June 15, 2017 Class B Notes $ 70,290,000 1.16% 99.63574 % 0.350 % August 15, 2017 Underwriters and Allotments Underwriters Initial Principal Amount of Class A-2a Notes Initial Principal Amount of Class A-2b Notes Initial Principal Amount of Class A-3 Notes Barclays Capital Inc. $ 39,600,000 $ 117,900,000 $ 112,500,000 Deutsche Bank Securities Inc. 39,600,000 117,900,000 112,500,000 RBS Securities Inc. 39,600,000 117,900,000 112,500,000 BB Securities Limited 6,600,000 19,650,000 18,750,000 Lloyds Securities Inc. 6,600,000 19,650,000 18,750,000 Total $ 132,000,000 $ 393,000,000 $ 375,000,000 Underwriters Initial Principal Amount of Class A-4 Notes Initial Principal Amount of Class B Notes Barclays Capital Inc. $ 36,000,000 $ 23,430,000 Deutsche Bank Securities Inc. 36,000,000 $ 23,430,000 RBS Securities Inc. 36,000,000 $ 23,430,000 BB Securities Limited 6,000,000 — Lloyds Securities Inc. 6,000,000 — Total $ 120,000,000 $ 70,290,000 Parties Trust: Ford Credit Auto Lease Trust 2014-A. Owner Trustee: U.S. Bank Trust National Association.

Private Notes. Class A-1 Notes Underwriters Barclays Capital Inc. Deutsche Bank Citigroup Global Markets Inc. Credit Agricole Securities (USA) Inc. RBS Securities Inc. BB Securities Limited Lloyds Securities Inc. Commerz Markets LLC UniCredit Capital Markets LLC Terms of the Publicly Registered Notes Pricing Date: March 18July 22, 2014 Time of Sale: 1:20 PM 4:35 P.M. (EDT), March 18July 22, 2014 Closing Date: March 26July 29, 2014 Required Ratings as of the Closing Date The ratings on each Class of Publicly Registered Notes from the NRSROs specified in the Time of Sale Information. Pricing Information Notes Aggregate Principal Amount Interest Rate Purchase Price (as a % of the aggregate principal amount) Underwriting Discount Final Scheduled Payment Date Class A-2a Notes $ 132,000,000 0.50200,000,000 0.51% 99.79833 99.79257 % 0.200 % October March 15, 2016 2017 Class A-2b Notes $ 393,000,000 367,000,000 one-month LIBOR + 0.180.16% 99.80000 % 0.200 % October March 15, 2016 2017 Class A-3 Notes $ 375,000,000 0.68376,000,000 0.89% 99.73543 99.74373 % 0.250 % April September 15, 2017 Class A-4 Notes $ 120,000,000 0.90130,000,000 1.10% 99.69716 99.68566 % 0.300 % June November 15, 2017 Class B Notes $ 70,290,000 1.1676,050,000 1.35% 99.63574 99.63535 % 0.350 % August December 15, 2017 Underwriters and Allotments Underwriters Initial Principal Amount of Class A-2a Notes Initial Principal Amount of Class A-2b Notes Initial Principal Amount of Class A-3 Notes Barclays Capital Inc. $ 39,600,000 60,000,000 $ 117,900,000 110,100,000 $ 112,500,000 Deutsche Bank 112,800,000 Citigroup Global Markets Inc. 60,000,000 110,100,000 112,800,000 Credit Agricole Securities (USA) Inc. 39,600,000 117,900,000 112,500,000 RBS Securities Inc. 39,600,000 117,900,000 112,500,000 BB Securities Limited 6,600,000 19,650,000 18,750,000 Lloyds Securities Inc. 6,600,000 19,650,000 18,750,000 60,000,000 110,100,000 112,800,000 Commerz Markets LLC 10,000,000 18,350,000 18,800,000 UniCredit Capital Markets LLC 10,000,000 18,350,000 18,800,000 Total $ 132,000,000 200,000,000 $ 393,000,000 367,000,000 $ 375,000,000 376,000,000 Underwriters Initial Principal Amount of Class A-4 Notes Initial Principal Amount of Class B Notes Barclays Capital Inc. $ 36,000,000 39,000,000 $ 23,430,000 Deutsche Bank 25,350,000 Citigroup Global Markets Inc. 39,000,000 25,350,000 Credit Agricole Securities (USA) Inc. 36,000,000 $ 23,430,000 RBS Securities Inc. 36,000,000 $ 23,430,000 BB Securities Limited 6,000,000 39,000,000 25,350,000 Commerz Markets LLC 6,500,000 — Lloyds Securities Inc. 6,000,000 UniCredit Capital Markets LLC 6,500,000 — Total $ 120,000,000 130,000,000 $ 70,290,000 76,050,000 Parties Trust: Ford Credit Auto Lease Trust 2014-A. B. Owner Trustee: U.S. Bank Trust National Association.

Private Notes. Class A-1 Notes Class B Notes Class C Notes Class D Notes Underwriters Barclays Capital Inc. Deutsche Bank X.X. Xxxxxx Securities Inc. RBS Xxxxxx Xxxxxxx & Co. Incorporated Credit Suisse Securities Inc. BB (USA) LLC HSBC Securities Limited Lloyds Securities Inc. (USA) LLC Terms of the Publicly Registered Notes Pricing Date: March November 18, 2014 2009 Time of Sale: 1:20 1:58 PM (EDTEST), March November 18, 2014 2009 Closing Date: March 26November 30, 2014 2009 Required Ratings as of the Closing Date The ratings on each Xxxxx'x S&P Class of Publicly Registered A-2 Notes from the NRSROs specified in the Time of Sale Information. Aaa AAA Class A-3 Notes Aaa AAA Class A-4 Notes Aaa AAA Pricing Information Notes Aggregate Principal Amount Interest Rate Purchase Price (as a % of the aggregate principal amount) Underwriting Discount Final Scheduled Payment Date Class A-2a A-2 Notes $ 132,000,000 0.50212,000,000 0.80 % 99.79833 99.74051 % 0.200 % October March 15, 2016 Class A-2b Notes $ 393,000,000 one-month LIBOR + 0.18% 99.80000 % 0.200 % October 15, 2016 2012 Class A-3 Notes $ 375,000,000 0.68391,000,000 1.51 % 99.73543 99.65703 % 0.250 % April January 15, 2017 2014 Class A-4 Notes $ 120,000,000 0.90128,600,000 2.42 % 99.69716 99.54769 % 0.300 % June November 15, 2017 Class B Notes $ 70,290,000 1.16% 99.63574 % 0.350 % August 15, 2017 2014 Underwriters and Allotments Underwriters Initial Principal Amount of Class A-2a Notes Initial Principal Amount of Class A-2b A-2 Notes Initial Principal Amount of Class A-3 Notes Barclays Capital Inc. $ 39,600,000 $ 117,900,000 $ 112,500,000 Deutsche Bank Securities Inc. 39,600,000 117,900,000 112,500,000 RBS Securities Inc. 39,600,000 117,900,000 112,500,000 BB Securities Limited 6,600,000 19,650,000 18,750,000 Lloyds Securities Inc. 6,600,000 19,650,000 18,750,000 Total $ 132,000,000 $ 393,000,000 $ 375,000,000 Underwriters Initial Principal Amount of Class A-4 Notes Initial Principal Amount of Class B Notes Barclays Capital Inc. $ 36,000,000 98,400,000 $ 23,430,000 Deutsche Bank 180,600,000 $ 59,190,000 X.X. Xxxxxx Securities Inc. 36,000,000 $ 23,430,000 RBS 98,400,000 $ 180,600,000 $ 59,190,000 Xxxxxx Xxxxxxx & Co. Incorporated. $ 98,400,000 $ 180,600,000 $ 59,190,000 Credit Suisse Securities Inc. 36,000,000 (USA) LLC. $ 23,430,000 BB 16,400,000 $ 30,100,000 $ 9,865,000 HSBC Securities Limited 6,000,000 — Lloyds Securities Inc. 6,000,000 — (USA) LLC. $ 16,400,000 $ 30,100,000 $ 9,865,000 Total $ 120,000,000 328,000,000 $ 70,290,000 602,000,000 $ 197,300,000 Parties Trust: Ford Credit Auto Lease Owner Trust 20142009-A. E. Owner Trustee: U.S. Bank Trust National Association.

Private Notes. Class A-1 Notes Underwriters Barclays Capital Inc. Deutsche Bank BNP Paribas Securities Corp. Citigroup Global Markets Inc. RBS HSBC Securities (USA) Inc. BB Calyon Securities Limited Lloyds Securities (USA) Inc. RBC Capital Markets Corporation Scotia Capital (USA) Inc. Terms of the Publicly Registered Notes Pricing Date: March 18June 2, 2014 2009 Time of Sale: 1:20 12:00 PM (EDTEST), March 18June 2, 2014 2009 Closing Date: March 26June 9, 2014 2009 Required Ratings as of the Closing Date The ratings on each S&P Fitch Class of Publicly Registered A-2 Notes from the NRSROs specified in the Time of Sale Information. AAA AAA Class A-3 Notes AAA AAA Class A-4 Notes AAA AAA Pricing Information Notes Aggregate Principal Amount Interest Rate Purchase Price (as a % of the aggregate principal amount) Underwriting Discount Final Scheduled Payment Date Class A-2a A-2 Notes $ 132,000,000 0.50$341,000,000 2.10% 99.79833 99.74240% 0.200 % October November 15, 2016 Class A-2b Notes $ 393,000,000 one-month LIBOR + 0.18% 99.80000 % 0.200 % October 15, 2016 2011 Class A-3 Notes $ 375,000,000 0.68$747,000,000 2.79% 99.73543 % 0.250 % April 15, 2017 Class A-4 Notes $ 120,000,000 0.90% 99.69716 % 0.300 % June 15, 2017 Class B Notes $ 70,290,000 1.16% 99.63574 % 0.350 99.66781% August 15, 2017 2013 Class A-4 Notes $287,300,000 4.50% 99.53903% July 15, 2014 Underwriters and Allotments Underwriters Initial Principal Amount of Class A-2a Notes Initial Principal Amount of Class A-2b A-2 Notes Initial Principal Amount of Class A-3 Notes Barclays Capital Inc. $ 39,600,000 $ 117,900,000 $ 112,500,000 Deutsche Bank Securities Inc. 39,600,000 117,900,000 112,500,000 RBS Securities Inc. 39,600,000 117,900,000 112,500,000 BB Securities Limited 6,600,000 19,650,000 18,750,000 Lloyds Securities Inc. 6,600,000 19,650,000 18,750,000 Total $ 132,000,000 $ 393,000,000 $ 375,000,000 Underwriters Initial Principal Amount of Class A-4 Notes Initial Principal Amount of Class B Notes Barclays Capital Inc. $ 36,000,000 48,716,000 $ 23,430,000 Deutsche Bank 106,716,000 $ 41,045,000 BNP Paribas Securities Corp. 48,716,000 106,716,000 41,045,000 Citigroup Global Markets Inc. 36,000,000 $ 23,430,000 RBS 48,716,000 106,716,000 41,045,000 HSBC Securities (USA) Inc. 36,000,000 $ 23,430,000 BB 48,716,000 106,716,000 41,045,000 Calyon Securities Limited 6,000,000 — Lloyds Securities Inc. 6,000,000 — (USA) Inc.. 48,712,000 106,712,000 41,040,000 RBC Capital Markets Corporation. 48,712,000 106,712,000 41,040,000 Scotia Capital (USA) Inc.. 48,712,000 106,712,000 41,040,000 Total $ 120,000,000 341,000,000 $ 70,290,000 747,000,000 $ 287,300,000 Parties Trust: Ford Credit Auto Lease Owner Trust 20142009-A. B. Owner Trustee: U.S. Bank Trust National Association. Indenture Trustee: The Bank of New York Mellon.

Private Notes. Class A-1 Notes Underwriters Barclays Xxxxxxx Lynch, Pierce, Xxxxxx & Xxxxx Incorporated Credit Suisse Securities (USA) LLC RBC Capital Inc. Deutsche Bank Securities Inc. RBS Securities Inc. BB Securities Limited Markets, LLC Banco Bradesco BBI S.A. Lloyds Securities Inc. Terms of the Publicly Registered Notes Pricing Date: March 18May 14, 2014 2013 Time of Sale: 1:20 PM 12:22 p.m. (EDTEST), March 18May 14, 2014 2013 Closing Date: March 26May 21, 2014 2013 Required Ratings as of the Closing Date The ratings on each Class of Publicly Registered Notes from the NRSROs specified in the Time of Sale Information. Pricing Information Notes Aggregate Principal Amount Interest Rate Purchase Price (as a % of the aggregate principal amount) Underwriting Discount Final Scheduled Payment Date Class A-2a A-2 Notes $ 132,000,000 0.50434,800,000 0.38 % 99.79833 99.82195 % 0.200 0.170 % October 15, 2016 Class A-2b Notes $ 393,000,000 one-month LIBOR + 0.18% 99.80000 % 0.200 % October February 15, 2016 Class A-3 Notes $ 375,000,000 0.68406,400,000 0.57 % 99.73543 99.77482 % 0.250 0.220 % April October 15, 2017 Class A-4 Notes $ 120,000,000 0.90116,330,000 0.76 % 99.69716 99.71410 % 0.300 0.270 % June August 15, 2017 2018 Class B Notes $ 70,290,000 1.1639,460,000 1.11 % 99.63574 99.69837 % 0.300 % October 15, 2018 Class C Notes $ 26,310,000 1.32 % 99.65318 % 0.330 % January 15, 2019 Class D Notes $ 26,310,000 1.82 % 99.64588 % 0.350 % August November 15, 2017 2019 Underwriters and Allotments Underwriters Initial Principal Amount of Class A-2a Notes Initial Principal Amount of Class A-2b A-2 Notes Initial Principal Amount of Class A-3 Notes Barclays Capital Inc. $ 39,600,000 $ 117,900,000 $ 112,500,000 Deutsche Bank Securities Inc. 39,600,000 117,900,000 112,500,000 RBS Securities Inc. 39,600,000 117,900,000 112,500,000 BB Securities Limited 6,600,000 19,650,000 18,750,000 Lloyds Securities Inc. 6,600,000 19,650,000 18,750,000 Total $ 132,000,000 $ 393,000,000 $ 375,000,000 Underwriters Initial Principal Amount of Class A-4 Notes Xxxxxxx Lynch, Pierce, Xxxxxx & Xxxxx Incorporated $ 130,440,000 $ 121,920,000 $ 34,899,000 Credit Suisse Securities (USA) LLC 130,440,000 121,920,000 34,899,000 RBC Capital Markets, LLC 130,440,000 121,920,000 34,900,000 Banco Bradesco BBI S.A. 21,740,000 20,320,000 5,816,000 Lloyds Securities Inc. 21,740,000 20,320,000 5,816,000 Total $ 434,800,000 $ 406,400,000 $ 116,330,000 Underwriters Initial Principal Amount of Class B Notes Barclays Initial Principal Amount of Class C Notes Initial Principal Amount of Class D Notes Xxxxxxx Lynch, Pierce, Xxxxxx & Xxxxx Incorporated $ 13,153,000 $ 8,770,000 $ 8,770,000 Credit Suisse Securities (USA) LLC 13,153,000 8,770,000 8,770,000 RBC Capital Inc. $ 36,000,000 $ 23,430,000 Deutsche Bank Securities Inc. 36,000,000 $ 23,430,000 RBS Securities Inc. 36,000,000 $ 23,430,000 BB Securities Limited 6,000,000 — Lloyds Securities Inc. 6,000,000 — Markets, LLC 13,154,000 8,770,000 8,770,000 Total $ 120,000,000 39,460,000 $ 70,290,000 26,310,000 $ 26,310,000 Parties Trust: Ford Credit Auto Lease Owner Trust 20142013-A. B. Owner Trustee: U.S. Bank Trust National Association. Indenture Trustee: The Bank of New York Mellon.

Private Notes. Class A-1 Notes Underwriters Barclays Capital Inc. Banc of America Securities LLC Deutsche Bank Securities Inc. RBS Securities Xxxxxxx, Xxxxx & Co. Greenwich Capital Markets, Inc. BB Securities Limited Lloyds X.X. Xxxxxx Securities Inc. Terms of the Publicly Registered Notes Pricing Date: March 1819, 2014 2009 Time of Sale: 1:20 4:15 PM (EDTEST), March 1819, 2014 2009 Closing Date: March 2625, 2014 2009 Required Ratings as of the Closing Date The ratings on each Date: S&P Xxxxx'x Fitch Class of Publicly Registered A-2a Notes from the NRSROs specified in the Time of Sale Information. AAA Aaa AAA Class A-2b Notes AAA Aaa AAA Class A-3a Notes AAA Aaa AAA Class A-3b Notes AAA Aaa AAA Class A-4 Notes AAA Aaa AAA Pricing Information Notes Aggregate Principal Amount Interest Rate Purchase Price (as a % of the aggregate principal amount) Underwriting Discount Final Scheduled Payment Date Class A-2a Notes $ 132,000,000 0.50100,000,000 3.24 % 99.79833 99.74236 % 0.200 % October August 15, 2016 2011 Class A-2b Notes $ 393,000,000 one508,000,000 One-month LIBOR + 0.182.00% 99.80000 99.75000 % 0.200 % October August 15, 2016 2011 Class A-3 A-3a Notes $ 375,000,000 0.68170,000,000 3.96 % 99.73543 99.65789 % 0.250 % April May 15, 2017 2013 Class A-3b Notes $ 910,000,000 One-month LIBOR + 2.50% 99.67500 % May 15, 2013 Class A-4 Notes $ 120,000,000 0.90491,100,000 6.07 % 99.69716 99.54527 % 0.300 % June May 15, 2017 Class B Notes $ 70,290,000 1.16% 99.63574 % 0.350 % August 15, 2017 2014 Underwriters and Allotments Underwriters Initial Principal Amount of Class A-2a Notes Initial Principal Amount of Class A-2b Notes Initial Principal Amount of Class A-3 A-3a Notes Barclays Capital Inc. $ 39,600,000 $ 117,900,000 $ 112,500,000 Deutsche Bank Securities Inc. 39,600,000 117,900,000 112,500,000 RBS Securities Inc. 39,600,000 117,900,000 112,500,000 BB Securities Limited 6,600,000 19,650,000 18,750,000 Lloyds Securities Inc. 6,600,000 19,650,000 18,750,000 Total $ 132,000,000 $ 393,000,000 $ 375,000,000 Underwriters Initial Principal Amount of Class A-3b Notes Initial Principal Amount of Class A-4 Notes Initial Principal Amount Banc of Class B Notes Barclays Capital Inc. America Securities LLC $ 36,000,000 20,000,000 $ 23,430,000 101,600,000 $ 34,000,000 $ 182,000,000 $ 98,220,000 Deutsche Bank Securities Inc. 36,000,000 $ 23,430,000 RBS 20,000,000 $ 101,600,000 $ 34,000,000 $ 182,000,000 $ 98,220,000 Xxxxxxx, Sachs & Co. $ 20,000,000 $ 101,600,000 $ 34,000,000 $ 182,000,000 $ 98,220,000 Greenwich Capital Markets, Inc. $ 20,000,000 $ 101,600,000 $ 34,000,000 $ 182,000,000 $ 98,220,000 X.X. Xxxxxx Securities Inc. 36,000,000 $ 23,430,000 BB Securities Limited 6,000,000 — Lloyds Securities Inc. 6,000,000 — 20,000,000 $ 101,600,000 $ 34,000,000 $ 182,000,000 $ 98,220,000 Total $ 120,000,000 100,000,000 $ 70,290,000 Parties Trust: Ford Credit Auto Lease Trust 2014-A. Owner Trustee: U.S. Bank Trust National Association.508,000,000 $ 170,000,000 $ 910,000,000 $ 491,100,000

Private Notes. Class A-1 Notes Class B Notes Class C Notes Class D Notes Underwriters Barclays Capital Banc of America Securities LLC BNP Paribas Securities Corp. Citigroup Global Markets Inc. Deutsche Bank J.X. Xxxxxx Securities Inc. RBS Securities RBC Capital Markets Corporation Scotia Capital (USA) Inc. BB Securities Limited Lloyds Securities Inc. Wxxxx Fargo Securities, LLC Terms of the Publicly Registered Notes Pricing Date: March 18September 2, 2014 2009 Time of Sale: 1:20 12:00 PM (EDTEST), March 18September 2, 2014 2009 Closing Date: March 26September 11, 2014 2009 Required Ratings as of the Closing Date The ratings on each Mxxxx'x S&P DBRS Class of Publicly Registered A-2 Notes from the NRSROs specified in the Time of Sale Information. Aaa AAA AAA Class A-3 Notes Aaa AAA AAA Class A-4 Notes Aaa AAA AAA Pricing Information Notes Aggregate Principal Amount Interest Rate Purchase Price (as a % of the aggregate principal amount) Underwriting Discount Final Scheduled Payment Date Class A-2a A-2 Notes $ 132,000,000 0.50409,000,000 1.21 % 99.79833 99.74517 % 0.200 January 15, 2012 Class A-3 Notes $ 805,000,000 2.17 % 99.66311 % October 15, 2016 Class A-2b Notes $ 393,000,000 one-month LIBOR + 0.18% 99.80000 % 0.200 % October 15, 2016 Class A-3 Notes $ 375,000,000 0.68% 99.73543 % 0.250 % April 15, 2017 2013 Class A-4 Notes $ 120,000,000 0.90219,800,000 2.98 % 99.69716 % 0.300 % June 15, 2017 Class B Notes $ 70,290,000 1.16% 99.63574 % 0.350 99.53357 % August 15, 2017 2014 Underwriters and Allotments Underwriters Initial Principal Amount of Class A-2a Notes Initial Principal Amount of Class A-2b A-2 Notes Initial Principal Amount of Class A-3 Notes Barclays Capital Inc. $ 39,600,000 $ 117,900,000 $ 112,500,000 Deutsche Bank Securities Inc. 39,600,000 117,900,000 112,500,000 RBS Securities Inc. 39,600,000 117,900,000 112,500,000 BB Securities Limited 6,600,000 19,650,000 18,750,000 Lloyds Securities Inc. 6,600,000 19,650,000 18,750,000 Total $ 132,000,000 $ 393,000,000 $ 375,000,000 Underwriters Initial Principal Amount of Class A-4 Notes Initial Principal Amount Banc of Class B Notes Barclays Capital America Securities LLC. $ 58,428,580 $ 115,000,000 $ 31,400,000 BNP Paribas Securities Corp. $ 58,428,580 $ 115,000,000 $ 31,400,000 Citigroup Global Markets Inc. $ 36,000,000 58,428,580 $ 23,430,000 Deutsche Bank 115,000,000 $ 31,400,000 J.X. Xxxxxx Securities Inc. 36,000,000 $ 23,430,000 RBS Securities 58,428,580 $ 115,000,000 $ 31,400,000 RBC Capital Markets Corporation $ 58,428,560 $ 115,000,000 $ 31,400,000 Scotia Capital (USA) Inc. 36,000,000 $ 23,430,000 BB Securities Limited 6,000,000 — Lloyds Securities Inc. 6,000,000 — 58,428,560 $ 115,000,000 $ 31,400,000 Wxxxx Fargo Securities, LLC. $ 58,428,560 $ 115,000,000 $ 31 400 000 Total $ 120,000,000 409,000,000 $ 70,290,000 805,000,000 $ 219,800,000 Parties Trust: Ford Credit Auto Lease Owner Trust 20142009-A. D. Owner Trustee: U.S. Bank Trust National Association.. Indenture Trustee: The Bank of New York Mellon. Documents Registration Statement Registration Statement Registration (No. 333-143316) filed on May 29, 2007 and amended by Amendment No. 1 filed on June 13, 2007 and effective June 14, 2007. Indenture: Indenture, to be dated as of Cutoff Date, between the Trust and the Indenture Trustee. Trust Agreement: Amended and Restated Trust Agreement, to be dated as of Cutoff Date, between the Depositor and the Owner Trustee. Purchase Agreement: Purchase Agreement, to be dated as of Cutoff Date, between Ford Credit and the Depositor. Sale and Servicing Agreement: Sale and Servicing Agreement, to be dated as of Cutoff Date, among the Depositor, the Servicer and the Trust. Administration Agreement: Administration Agreement, to be dated as of Cutoff Date, among Ford Credit, the Trust and the Indenture Trustee. Control Agreement: Account Control Agreement, to be dated as of Cutoff Date, among the Trust, as debtor, the Indenture Trustee and The Bank of New York Mellon, in its capacity as a securities intermediary. Address for Notices to the Representatives Banc of America Securities LLC Oxx Xxxxxx Xxxx, 00xx Xxxxx Xxx Xxxx, Xxx Xxxx 00000 BNP Paribas Securities Corp. The Equitable Tower 700 Xxxxxxx Xxxxxx Xxx Xxxx, Xxx Xxxx 00000 Citigroup Global Markets Inc. 300 Xxxxxxxxx Xxxxxx, 00xx Xxxxx Xxx Xxxx, Xxx Xxxx 00000 J.X. Xxxxxx Securities Inc. 200 Xxxx Xxxxxx, 00xx Xxxxx Xxx Xxxx, Xxx Xxxx 00000 Time of Sale Information Preliminary Prospectus: Preliminary Prospectus, dated August 26, 2009 Trust Free Writing Prospectuses None

Private Notes. Class A-1 Notes Class C Notes Class D Notes Underwriters Barclays Capital Banc of America Securities LLC BNP Paribas Securities Corp. Credit Agricole Securities (USA) Inc. Deutsche Bank Securities Inc. RBS Gxxxxxx, Sxxxx & Co. HSBC Securities (USA) Inc. BB Securities Limited Lloyds Securities Scotia Capital (USA) Inc. Wxxxx Fargo Securities, LLC Terms of the Publicly Registered Notes Pricing Date: March 18July 27, 2014 2010 Time of Sale: 1:20 PM 3:15 p.m. (EDTEST), March 18July 27, 2014 2010 Closing Date: March 26August 4, 2014 2010 Required Ratings as of the Closing Date The ratings on each Class of Publicly Registered Notes from the NRSROs specified in the Time of Sale Information. Pricing Information Notes Aggregate Principal Amount Interest Rate Purchase Price (as a % of the aggregate principal amount) Underwriting Discount Final Scheduled Payment Date Class A-2a A-2 Notes $ 132,000,000 0.50$273,300,000 0.65% 99.79833 99.79892% 0.200 December 15, 2012 Class A-3 Notes $473,400,000 0.98% 99.73446% October 15, 2016 2014 Class A-2b A-4 Notes $ 393,000,000 one-month LIBOR + 0.18$192,840,000 1.58% 99.80000 99.69432% 0.200 September 15, 2015 Class B Notes $40,810,000 2.54% October 99.58257% February 15, 2016 Class A-3 Notes $ 375,000,000 0.68% 99.73543 % 0.250 % April 15, 2017 Class A-4 Notes $ 120,000,000 0.90% 99.69716 % 0.300 % June 15, 2017 Class B Notes $ 70,290,000 1.16% 99.63574 % 0.350 % August 15, 2017 Underwriters and Allotments Underwriters Initial Principal Amount of Class A-2a Notes Initial Principal Amount of Class A-2b A-2 Notes Initial Principal Amount of Class A-3 Notes Barclays Capital Inc. $ 39,600,000 $ 117,900,000 $ 112,500,000 Deutsche Bank Securities Inc. 39,600,000 117,900,000 112,500,000 RBS Securities Inc. 39,600,000 117,900,000 112,500,000 BB Securities Limited 6,600,000 19,650,000 18,750,000 Lloyds Securities Inc. 6,600,000 19,650,000 18,750,000 Total $ 132,000,000 $ 393,000,000 $ 375,000,000 Underwriters Initial Principal Amount of Class A-4 Notes Banc of America Securities LLC $ 61,492,500 $ 106,515,000 $ 43,389,000 BNP Paribas Securities Corp. 61,492,500 106,515,000 43,389,000 Credit Agricole Securities (USA) Inc. 61,492,500 106,515,000 43,389,000 Deutsche Bank Securities Inc. 61,492,500 106,515,000 43,389,000 Gxxxxxx, Sxxxx & Co. 6,832,500 11,835,000 4,821,000 HSBC Securities (USA) Inc. 6,832,500 11,835,000 4,821,000 Scotia Capital (USA) Inc. 6,832,500 11,835,000 4,821,000 Wxxxx Fargo Securities, LLC 6,832,500 11,835,000 4,821,000 Total $ 273,300,000 $ 473,400,000 $ 192,840,000 Underwriters Initial Principal Amount of Class B Notes Barclays Capital Banc of America Securities LLC $ 10,202,500 BNP Paribas Securities Corp. 10,202,500 Credit Agricole Securities (USA) Inc. $ 36,000,000 $ 23,430,000 10,202,500 Deutsche Bank Securities Inc. 36,000,000 $ 23,430,000 RBS Securities Inc. 36,000,000 $ 23,430,000 BB Securities Limited 6,000,000 — Lloyds Securities Inc. 6,000,000 — 10,202,500 Total $ 120,000,000 $ 70,290,000 40,810,000 Parties Trust: Ford Credit Auto Lease Owner Trust 20142010-A. B. Owner Trustee: U.S. Bank Trust National Association.. Indenture Trustee: The Bank of New York Mellon. Documents Registration Statement Registration Statement Registration (No. 333-167489) filed on June 14, 2010 and amended by Amendment No. 1 filed on July 9, 2010 and effective July 13, 2010. Indenture: Indenture, to be dated as of Cutoff Date, between the Trust and the Indenture Trustee. Trust Agreement: Amended and Restated Trust Agreement, to be dated as of Cutoff Date, between the Depositor and the Owner Trustee. Purchase Agreement: Purchase Agreement, to be dated as of Cutoff Date, between Ford Credit and the Depositor. Sale and Servicing Agreement: Sale and Servicing Agreement, to be dated as of Cutoff Date, among the Depositor, the Servicer and the Trust. Administration Agreement: Administration Agreement, to be dated as of Cutoff Date, among Ford Credit, the Trust and the Indenture Trustee. Control Agreement: Account Control Agreement, to be dated as of Cutoff Date, among the Trust, as debtor, the Indenture Trustee and The Bank of New York Mellon, in its capacity as a securities intermediary. Address for Notices to the Representatives Banc of America Securities LLC Oxx Xxxxxx Xxxx, 00xx Xxxxx Xxx Xxxx, Xxx Xxxx 00000 BNP Paribas Securities Corp. The Equitable Tower 700 Xxxxxxx Xxxxxx, 0xx Xxxxx Xxx Xxxx, Xxx Xxxx 00000 Credit Agricole Securities (USA) Inc. 1000 Xxxxxx xx xxx Xxxxxxxx Xxx Xxxx, Xxx Xxxx 00000 Deutsche Bank Securities Inc. 60 Xxxx Xxxxxx, 00xx Xxxxx Xxx Xxxx, Xxx Xxxx 00000 Time of Sale Information Preliminary Prospectus: Preliminary Prospectus, dated July 26, 2010 Trust Free Writing Prospectus: Free Writing Prospectus, dated July 26, 2010 - (Ratings) Underwriter Free Writing Prospectus: Free Writing Prospectus, dated July 27, 2010 - (Pricing)

Private Notes. Class A-1 Notes Underwriters Barclays Capital Inc. Credit Suisse Securities (USA) LLC Deutsche Bank Securities Inc. RBS Securities Inc. BB Securities Limited Lloyds Securities Inc. Xxxxxxx Lynch, Pierce, Xxxxxx & Xxxxx Incorporated CIBC World Markets Corp. Commerz Markets LLC Terms of the Publicly Registered Notes Pricing Date: March 18November 14, 2014 2012 Time of Sale: 1:20 PM 11:05 a.m. (EDTEST), March 18November 14, 2014 2012 Closing Date: March 26November 21, 2014 2012 Required Ratings as of the Closing Date The ratings on each Class of Publicly Registered Notes from the NRSROs specified in the Time of Sale Information. Pricing Information Notes Aggregate Principal Amount Interest Rate Purchase Price (as a % of the aggregate principal amount) Underwriting Discount Final Scheduled Payment Date Class A-2a A-2 Notes $ 132,000,000 0.50342,700,000 0.40 % 99.79833 99.82617 % 0.200 0.170 % October September 15, 2016 Class A-2b Notes $ 393,000,000 one-month LIBOR + 0.18% 99.80000 % 0.200 % October 15, 2016 2015 Class A-3 Notes $ 375,000,000 0.68326,200,000 0.51 % 99.73543 99.77229 % 0.250 0.220 % April 15, 2017 Class A-4 Notes $ 120,000,000 0.9095,610,000 0.67 % 99.69716 99.71976 % 0.300 0.270 % June March 15, 2017 2018 Class B Notes $ 70,290,000 1.1631,560,000 1.01 % 99.63574 99.66560 % 0.350 0.300 % May 15, 2018 Class C Notes $ 21,040,000 1.23 % 99.65090 % 0.330 % August 15, 2017 2018 Class D Notes $ 21,040,000 1.97 % 99.61170 % 0.350 % May 15, 2019 Underwriters and Allotments Underwriters Initial Principal Amount of Class A-2a Notes Initial Principal Amount of Class A-2b A-2 Notes Initial Principal Amount of Class A-3 Notes Barclays Capital Inc. $ 39,600,000 $ 117,900,000 $ 112,500,000 Deutsche Bank Securities Inc. 39,600,000 117,900,000 112,500,000 RBS Securities Inc. 39,600,000 117,900,000 112,500,000 BB Securities Limited 6,600,000 19,650,000 18,750,000 Lloyds Securities Inc. 6,600,000 19,650,000 18,750,000 Total $ 132,000,000 $ 393,000,000 $ 375,000,000 Underwriters Initial Principal Amount of Class A-4 Notes Xxxxxxx Lynch, Pierce, Xxxxxx & Xxxxx Incorporated $ 102,810,000 $ 97,860,000 $ 28,684,000 Credit Suisse Securities (USA) LLC 102,810,000 97,860,000 28,682,000 Deutsche Bank Securities Inc. 102,810,000 97,860,000 28,682,000 CIBC World Markets Corp. 17,135,000 16,310,000 4,781,000 Commerz Markets LLC 17,135,000 16,310,000 4,781,000 Total $ 342,700,000 $ 326,200,000 $ 95,610,000 Underwriters Initial Principal Amount of Class B Notes Barclays Capital Inc. Initial Principal Amount of Class C Notes Initial Principal Amount of Class D Notes Xxxxxxx Lynch, Pierce, Xxxxxx & Xxxxx Incorporated $ 36,000,000 10,520,000 $ 23,430,000 7,014,000 $ 7,014,000 Credit Suisse Securities (USA) LLC 10,520,000 7,013,000 7,013,000 Deutsche Bank Securities Inc. 36,000,000 $ 23,430,000 RBS Securities Inc. 36,000,000 $ 23,430,000 BB Securities Limited 6,000,000 — Lloyds Securities Inc. 6,000,000 — 10,520,000 7,013,000 7,013,000 Total $ 120,000,000 31,560,000 $ 70,290,000 21,040,000 $ 21,040,000 Parties Trust: Ford Credit Auto Lease Owner Trust 20142012-A. D. Owner Trustee: U.S. Bank Trust National Association. Indenture Trustee: The Bank of New York Mellon.

Private Notes. Class A-1 Notes Underwriters Barclays Capital Credit Agricole Securities (USA) Inc. Deutsche Bank Xxxxxxx, Sachs & Co. X.X. Xxxxxx Securities Inc. RBS Securities Inc. BB Securities Limited Lloyds Securities Inc. LLC Xxxxxx Xxxxxxx & Co. LLC Terms of the Publicly Registered Notes Pricing Date: March 1812, 2014 2013 Time of Sale: 1:20 3:49 PM (EDT), March 1812, 2014 2013 Closing Date: March 2620, 2014 2013 Required Ratings as of the Closing Date The ratings on each Class of Publicly Registered Notes from the NRSROs specified in the Time of Sale Information. Pricing Information Notes Aggregate Principal Amount Interest Rate Purchase Price (as a % of the aggregate principal amount) Underwriting Discount Final Scheduled Payment Date Class A-2a A-2 Notes $ 132,000,000 0.50344,000,000 0.46 % 99.79833 99.79189 % 0.200 % October May 15, 2015 Class A-3 Notes $ 344,000,000 0.60 % 99.74018 % 0.250 % March 15, 2016 Class A-2b A-4 Notes $ 393,000,000 one-month LIBOR + 0.1869,470,000 0.78 % 99.80000 99.69588 % 0.200 0.300 % October April 15, 2016 Class A-3 B Notes $ 375,000,000 0.6844,680,000 1.01 % 99.73543 99.62538 % 0.250 0.350 % April May 15, 2017 2016 Class A-4 C Notes $ 120,000,000 0.9044,680,000 1.28 % 99.69716 99.59077 % 0.300 0.400 % June 15, 2017 2016 Class B D Notes $ 70,290,000 1.1631,276,000 1.79 % 99.63574 99.54920 % 0.350 0.450 % August October 15, 2017 Underwriters and Allotments Underwriters Initial Principal Amount of Class A-2a Notes Initial Principal Amount of Class A-2b A-2 Notes Initial Principal Amount of Class A-3 Notes Barclays Capital Inc. $ 39,600,000 $ 117,900,000 $ 112,500,000 Deutsche Bank Securities Inc. 39,600,000 117,900,000 112,500,000 RBS Securities Inc. 39,600,000 117,900,000 112,500,000 BB Securities Limited 6,600,000 19,650,000 18,750,000 Lloyds Securities Inc. 6,600,000 19,650,000 18,750,000 Total $ 132,000,000 $ 393,000,000 $ 375,000,000 Underwriters Initial Principal Amount of Class A-4 Notes Credit Agricole Securities (USA) Inc. $ 86,000,000 $ 86,000,000 $ 17,368,000 Xxxxxxx, Sachs & Co. 86,000,000 86,000,000 17,367,000 X.X. Xxxxxx Securities LLC 86,000,000 86,000,000 17,368,000 Xxxxxx Xxxxxxx & Co. LLC 86,000,000 86,000,000 17,367,000 Total $ 344,000,000 $ 344,000,000 $ 69,470,000 Underwriters Initial Principal Amount of Class B Notes Barclays Capital Initial Principal Amount of Class C Notes Initial Principal Amount of Class D Notes Credit Agricole Securities (USA) Inc. $ 36,000,000 11,170,000 $ 23,430,000 Deutsche Bank 11,170,000 $ 7,819,000 Xxxxxxx, Sachs & Co. 11,170,000 11,170,000 7,819,000 X.X. Xxxxxx Securities Inc. 36,000,000 $ 23,430,000 RBS Securities Inc. 36,000,000 $ 23,430,000 BB Securities Limited 6,000,000 — Lloyds Securities Inc. 6,000,000 — LLC 11,170,000 11,170,000 7,819,000 Xxxxxx Xxxxxxx & Co. LLC 11,170,000 11,170,000 7,819,000 Total $ 120,000,000 44,680,000 $ 70,290,000 44,680,000 $ 31,276,000 Parties Trust: Ford Credit Auto Lease Trust 20142013-A. Owner Trustee: U.S. Bank Trust National Association.