Common use of Private Notes Clause in Contracts

Private Notes. Class A-1 Notes Barclays Capital Inc. Citigroup Global Markets Inc. Credit Agricole Securities (USA) Inc. Commerz Markets LLC UniCredit Capital Markets LLC Pricing Date: July 22, 2014 Time of Sale: 4:35 P.M. (EDT), July 22, 2014 Closing Date: July 29, 2014 The ratings on each Class of Publicly Registered Notes from the NRSROs specified in the Time of Sale Information. Class A-2a Notes $ 200,000,000 0.51% 99.79257 % 0.200 % March 15, 2017 Class A-2b Notes $ 367,000,000 one-month LIBOR + 0.16% 99.80000 % 0.200 % March 15, 2017 Class A-3 Notes $ 376,000,000 0.89% 99.74373 % 0.250 % September 15, 2017 Class A-4 Notes $ 130,000,000 1.10% 99.68566 % 0.300 % November 15, 2017 Class B Notes $ 76,050,000 1.35% 99.63535 % 0.350 % December 15, 2017 Barclays Capital Inc. $ 60,000,000 $ 110,100,000 $ 112,800,000 Citigroup Global Markets Inc. 60,000,000 110,100,000 112,800,000 Credit Agricole Securities (USA) Inc. 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 $ 200,000,000 $ 367,000,000 $ 376,000,000 Barclays Capital Inc. $ 39,000,000 $ 25,350,000 Citigroup Global Markets Inc. 39,000,000 25,350,000 Credit Agricole Securities (USA) Inc. 39,000,000 25,350,000 Commerz Markets LLC 6,500,000 — UniCredit Capital Markets LLC 6,500,000 — Total $ 130,000,000 $ 76,050,000 Trust: Ford Credit Auto Lease Trust 2014-B. Owner Trustee: U.S. Bank Trust National Association.

Private Notes. Class A-1 Notes Barclays Capital Inc. BNP Paribas Securities Corp. Citigroup Global Markets Inc. Credit Agricole HSBC Securities (USA) Inc. Commerz Markets LLC UniCredit Capital Markets LLC Pricing Date: July 22, 2014 Time of Sale: 4:35 P.M. (EDT), July 22, 2014 Closing Date: July 29, 2014 The ratings on each Class of Publicly Registered Notes from the NRSROs specified in the Time of Sale Information. Class A-2a Notes $ 200,000,000 0.51% 99.79257 % 0.200 % March 15, 2017 Class A-2b Notes $ 367,000,000 one-month LIBOR + 0.16% 99.80000 % 0.200 % March 15, 2017 Class A-3 Notes $ 376,000,000 0.89% 99.74373 % 0.250 % September 15, 2017 Class A-4 Notes $ 130,000,000 1.10% 99.68566 % 0.300 % November 15, 2017 Class B Notes $ 76,050,000 1.35% 99.63535 % 0.350 % December 15, 2017 Barclays Capital Inc. $ 60,000,000 $ 110,100,000 $ 112,800,000 Citigroup Global Markets Inc. 60,000,000 110,100,000 112,800,000 Credit Agricole Calyon Securities (USA) Inc. 60,000,000 110,100,000 112,800,000 Commerz Markets LLC 10,000,000 18,350,000 18,800,000 UniCredit RBC Capital Markets LLC 10,000,000 18,350,000 18,800,000 Total $ 200,000,000 $ 367,000,000 $ 376,000,000 Corporation Scotia Capital (USA) Inc. Pricing Date: June 2, 2009 Time of Sale: 12:00 PM (EST), June 2, 2009 Closing Date: June 9, 2009 Class A-2 Notes AAA AAA Class A-3 Notes AAA AAA Class A-4 Notes AAA AAA Class A-2 Notes $341,000,000 2.10% 99.74240% November 15, 2011 Class A-3 Notes $747,000,000 2.79% 99.66781% August 15, 2013 Class A-4 Notes $287,300,000 4.50% 99.53903% July 15, 2014 Barclays Capital Inc. $ 39,000,000 48,716,000 $ 25,350,000 106,716,000 $ 41,045,000 BNP Paribas Securities Corp. 48,716,000 106,716,000 41,045,000 Citigroup Global Markets Inc. 39,000,000 25,350,000 Credit Agricole 48,716,000 106,716,000 41,045,000 HSBC Securities (USA) Inc. 39,000,000 25,350,000 Commerz Markets LLC 6,500,000 — UniCredit 48,716,000 106,716,000 41,045,000 Calyon Securities (USA) Inc.. 48,712,000 106,712,000 41,040,000 RBC Capital Markets LLC 6,500,000 — Corporation. 48,712,000 106,712,000 41,040,000 Scotia Capital (USA) Inc.. 48,712,000 106,712,000 41,040,000 Total $ 130,000,000 341,000,000 $ 76,050,000 747,000,000 $ 287,300,000 Trust: Ford Credit Auto Lease Owner Trust 20142009-B. Owner Trustee: U.S. Bank Trust National Association. Indenture Trustee: The Bank of New York Mellon.

Private Notes. Class A-1 Notes Barclays Capital Inc. Citigroup Global Markets Deutsche Bank Securities Inc. Credit Agricole RBS Securities (USA) Inc. Commerz Markets LLC UniCredit Capital Markets LLC BB Securities Limited Lloyds Securities Inc. Pricing Date: July 22March 18, 2014 Time of Sale: 4:35 P.M. 1:20 PM (EDT), July 22March 18, 2014 Closing Date: July 29March 26, 2014 The ratings on each Class of Publicly Registered Notes from the NRSROs specified in the Time of Sale Information. Class A-2a Notes $ 200,000,000 0.51132,000,000 0.50% 99.79257 99.79833 % 0.200 % March October 15, 2017 2016 Class A-2b Notes $ 367,000,000 393,000,000 one-month LIBOR + 0.160.18% 99.80000 % 0.200 % March October 15, 2017 2016 Class A-3 Notes $ 376,000,000 0.89375,000,000 0.68% 99.74373 99.73543 % 0.250 % September April 15, 2017 Class A-4 Notes $ 130,000,000 1.10120,000,000 0.90% 99.68566 99.69716 % 0.300 % November June 15, 2017 Class B Notes $ 76,050,000 1.3570,290,000 1.16% 99.63535 99.63574 % 0.350 % December August 15, 2017 Barclays Capital Inc. $ 60,000,000 39,600,000 $ 110,100,000 117,900,000 $ 112,800,000 Citigroup Global Markets 112,500,000 Deutsche Bank Securities Inc. 60,000,000 110,100,000 112,800,000 Credit Agricole 39,600,000 117,900,000 112,500,000 RBS Securities (USA) Inc. 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 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 $ 200,000,000 132,000,000 $ 367,000,000 393,000,000 $ 376,000,000 375,000,000 Barclays Capital Inc. $ 39,000,000 36,000,000 $ 25,350,000 Citigroup Global Markets 23,430,000 Deutsche Bank Securities Inc. 39,000,000 25,350,000 Credit Agricole 36,000,000 $ 23,430,000 RBS Securities (USA) Inc. 39,000,000 25,350,000 Commerz Markets LLC 6,500,000 36,000,000 $ 23,430,000 BB Securities Limited 6,000,000 — UniCredit Capital Markets LLC 6,500,000 Lloyds Securities Inc. 6,000,000 — Total $ 130,000,000 120,000,000 $ 76,050,000 70,290,000 Trust: Ford Credit Auto Lease Trust 2014-B. A. Owner Trustee: U.S. Bank Trust National Association.

Private Notes. Class A-1 Notes Barclays Capital Inc. Citigroup Global Markets Inc. Credit Agricole Suisse Securities (USA) LLC Deutsche Bank Securities Inc. ▇▇▇▇▇▇▇ Lynch, Pierce, ▇▇▇▇▇▇ & ▇▇▇▇▇ Incorporated CIBC World Markets Corp. Commerz Markets LLC UniCredit Capital Markets LLC Pricing Date: July 22November 14, 2014 2012 Time of Sale: 4:35 P.M. 11:05 a.m. (EDTEST), July 22November 14, 2014 2012 Closing Date: July 29November 21, 2014 2012 The ratings on each Class of Publicly Registered Notes from the NRSROs specified in the Time of Sale Information. Class A-2a A-2 Notes $ 200,000,000 0.51342,700,000 0.40 % 99.79257 99.82617 % 0.200 0.170 % March September 15, 2017 Class A-2b Notes $ 367,000,000 one-month LIBOR + 0.16% 99.80000 % 0.200 % March 15, 2017 2015 Class A-3 Notes $ 376,000,000 0.89326,200,000 0.51 % 99.74373 99.77229 % 0.250 0.220 % September April 15, 2017 Class A-4 Notes $ 130,000,000 1.1095,610,000 0.67 % 99.68566 99.71976 % 0.300 0.270 % November March 15, 2017 2018 Class B Notes $ 76,050,000 1.3531,560,000 1.01 % 99.63535 99.66560 % 0.300 % May 15, 2018 Class C Notes $ 21,040,000 1.23 % 99.65090 % 0.330 % August 15, 2018 Class D Notes $ 21,040,000 1.97 % 99.61170 % 0.350 % December May 15, 2017 Barclays Capital Inc. 2019 ▇▇▇▇▇▇▇ Lynch, Pierce, ▇▇▇▇▇▇ & ▇▇▇▇▇ Incorporated $ 60,000,000 102,810,000 $ 110,100,000 97,860,000 $ 112,800,000 Citigroup Global Markets Inc. 60,000,000 110,100,000 112,800,000 28,684,000 Credit Agricole Suisse Securities (USA) LLC 102,810,000 97,860,000 28,682,000 Deutsche Bank Securities Inc. 60,000,000 110,100,000 112,800,000 102,810,000 97,860,000 28,682,000 CIBC World Markets Corp. 17,135,000 16,310,000 4,781,000 Commerz Markets LLC 10,000,000 18,350,000 18,800,000 UniCredit Capital Markets LLC 10,000,000 18,350,000 18,800,000 17,135,000 16,310,000 4,781,000 Total $ 200,000,000 342,700,000 $ 367,000,000 326,200,000 $ 376,000,000 Barclays Capital Inc. 95,610,000 ▇▇▇▇▇▇▇ Lynch, Pierce, ▇▇▇▇▇▇ & ▇▇▇▇▇ Incorporated $ 39,000,000 10,520,000 $ 25,350,000 Citigroup Global Markets Inc. 39,000,000 25,350,000 7,014,000 $ 7,014,000 Credit Agricole Suisse Securities (USA) LLC 10,520,000 7,013,000 7,013,000 Deutsche Bank Securities Inc. 39,000,000 25,350,000 Commerz Markets LLC 6,500,000 — UniCredit Capital Markets LLC 6,500,000 — 10,520,000 7,013,000 7,013,000 Total $ 130,000,000 31,560,000 $ 76,050,000 21,040,000 $ 21,040,000 Trust: Ford Credit Auto Lease Owner Trust 20142012-B. D. Owner Trustee: U.S. Bank Trust National Association. Indenture Trustee: The Bank of New York Mellon.

Private Notes. Class A-1 Notes Barclays Capital Inc. Citigroup Global Markets Inc. ▇▇▇▇▇▇▇ Lynch, Pierce, ▇▇▇▇▇▇ & ▇▇▇▇▇ Incorporated Credit Agricole Suisse Securities (USA) LLC RBC Capital Markets, LLC Banco Bradesco BBI S.A. Lloyds Securities Inc. Commerz Markets LLC UniCredit Capital Markets LLC Pricing Date: July 22May 14, 2014 2013 Time of Sale: 4:35 P.M. 12:22 p.m. (EDTEST), July 22May 14, 2014 2013 Closing Date: July 29May 21, 2014 2013 The ratings on each Class of Publicly Registered Notes from the NRSROs specified in the Time of Sale Information. Class A-2a A-2 Notes $ 200,000,000 0.51434,800,000 0.38 % 99.79257 99.82195 % 0.200 0.170 % March February 15, 2017 Class A-2b Notes $ 367,000,000 one-month LIBOR + 0.16% 99.80000 % 0.200 % March 15, 2017 2016 Class A-3 Notes $ 376,000,000 0.89406,400,000 0.57 % 99.74373 99.77482 % 0.250 0.220 % September October 15, 2017 Class A-4 Notes $ 130,000,000 1.10116,330,000 0.76 % 99.68566 99.71410 % 0.270 % August 15, 2018 Class B Notes $ 39,460,000 1.11 % 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 % November 15, 2017 Class B Notes 2019 ▇▇▇▇▇▇▇ Lynch, Pierce, ▇▇▇▇▇▇ & ▇▇▇▇▇ Incorporated $ 76,050,000 1.35% 99.63535 % 0.350 % December 15, 2017 Barclays Capital Inc. 130,440,000 $ 60,000,000 121,920,000 $ 110,100,000 $ 112,800,000 Citigroup Global Markets Inc. 60,000,000 110,100,000 112,800,000 34,899,000 Credit Agricole 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. 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 21,740,000 20,320,000 5,816,000 Total $ 200,000,000 434,800,000 $ 367,000,000 406,400,000 $ 376,000,000 Barclays Capital Inc. 116,330,000 ▇▇▇▇▇▇▇ Lynch, Pierce, ▇▇▇▇▇▇ & ▇▇▇▇▇ Incorporated $ 39,000,000 13,153,000 $ 25,350,000 Citigroup Global Markets Inc. 39,000,000 25,350,000 8,770,000 $ 8,770,000 Credit Agricole Suisse Securities (USA) Inc. 39,000,000 25,350,000 Commerz Markets LLC 6,500,000 — UniCredit 13,153,000 8,770,000 8,770,000 RBC Capital Markets Markets, LLC 6,500,000 — 13,154,000 8,770,000 8,770,000 Total $ 130,000,000 39,460,000 $ 76,050,000 26,310,000 $ 26,310,000 Trust: Ford Credit Auto Lease Owner Trust 20142013-B. Owner Trustee: U.S. Bank Trust National Association. Indenture Trustee: The Bank of New York Mellon.

Private Notes. Class A-1 Notes Barclays Capital Inc. Citigroup Global Markets Inc. Credit Agricole Securities (USA) Inc. Commerz Markets ▇▇▇▇▇▇▇, Sachs & Co. ▇.▇. ▇▇▇▇▇▇ Securities LLC UniCredit Capital Markets ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ & Co. LLC Pricing Date: July 22March 12, 2014 2013 Time of Sale: 4:35 P.M. 3:49 PM (EDT), July 22March 12, 2014 2013 Closing Date: July 29March 20, 2014 2013 The ratings on each Class of Publicly Registered Notes from the NRSROs specified in the Time of Sale Information. Class A-2a A-2 Notes $ 200,000,000 0.51344,000,000 0.46 % 99.79257 99.79189 % 0.200 % May 15, 2015 Class A-3 Notes $ 344,000,000 0.60 % 99.74018 % 0.250 % March 15, 2017 Class A-2b Notes $ 367,000,000 one-month LIBOR + 0.16% 99.80000 % 0.200 % March 15, 2017 Class A-3 Notes $ 376,000,000 0.89% 99.74373 % 0.250 % September 15, 2017 2016 Class A-4 Notes $ 130,000,000 1.1069,470,000 0.78 % 99.68566 99.69588 % 0.300 % November April 15, 2017 2016 Class B Notes $ 76,050,000 1.3544,680,000 1.01 % 99.63535 99.62538 % 0.350 % December May 15, 2016 Class C Notes $ 44,680,000 1.28 % 99.59077 % 0.400 % June 15, 2016 Class D Notes $ 31,276,000 1.79 % 99.54920 % 0.450 % October 15, 2017 Barclays Capital Inc. $ 60,000,000 $ 110,100,000 $ 112,800,000 Citigroup Global Markets Inc. 60,000,000 110,100,000 112,800,000 Credit Agricole Securities (USA) Inc. 60,000,000 110,100,000 112,800,000 Commerz Markets $ 86,000,000 $ 86,000,000 $ 17,368,000 ▇▇▇▇▇▇▇, Sachs & Co. 86,000,000 86,000,000 17,367,000 ▇.▇. ▇▇▇▇▇▇ Securities LLC 10,000,000 18,350,000 18,800,000 UniCredit Capital Markets 86,000,000 86,000,000 17,368,000 ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ & Co. LLC 10,000,000 18,350,000 18,800,000 86,000,000 86,000,000 17,367,000 Total $ 200,000,000 344,000,000 $ 367,000,000 344,000,000 $ 376,000,000 Barclays Capital Inc. $ 39,000,000 $ 25,350,000 Citigroup Global Markets Inc. 39,000,000 25,350,000 69,470,000 Credit Agricole Securities (USA) Inc. 39,000,000 25,350,000 Commerz Markets $ 11,170,000 $ 11,170,000 $ 7,819,000 ▇▇▇▇▇▇▇, Sachs & Co. 11,170,000 11,170,000 7,819,000 ▇.▇. ▇▇▇▇▇▇ Securities LLC 6,500,000 — UniCredit Capital Markets 11,170,000 11,170,000 7,819,000 ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ & Co. LLC 6,500,000 — 11,170,000 11,170,000 7,819,000 Total $ 130,000,000 44,680,000 $ 76,050,000 44,680,000 $ 31,276,000 Trust: Ford Credit Auto Lease Trust 20142013-B. A. Owner Trustee: U.S. Bank Trust National Association.