Common use of The Indenture Trustee Clause in Contracts

The Indenture Trustee. SECTION 6.1 Certain Duties and Responsibilities.............................................52 SECTION 6.2 Certain Rights of the Indenture Trustee.........................................53 SECTION 6.3 Not Responsible for Recitals, Validity of the Notes or Application of the Proceeds.....................................................55 SECTION 6.4 May Hold Notes; Collections, Etc................................................55 SECTION 6.5 Funds Held By Indenture Trustee.................................................55 SECTION 6.6 Compensation; Reimbursement; Indemnification....................................55 SECTION 6.7 Corporate Trustee Required; Eligibility.........................................56 SECTION 6.8 Resignation and Removal; Appointment of Successor Trustee.......................57 SECTION 6.9 Acceptance of Appointment by Successor Trustee..................................59 SECTION 6.10 Merger, Conversion, Consolidation or Succession to Business of Indenture Trustee............................................................60 SECTION 6.11 Limitations on Rights of Indenture Trustee as Creditor..........................61

The Indenture Trustee. 49 SECTION 6.1 7.1. Certain Duties and Responsibilities.............................................52 Duties.................................................................................................. 49 SECTION 6.2 7.2. Notice of Events of Default.................................................................................. 50 SECTION 7.3. Certain Rights of Matters Affecting the Indenture Trustee.........................................53 .......................................................... 50 SECTION 6.3 7.4. Indenture Trustee Not Responsible Liable for Recitals, Validity of the Notes or Application of the Proceeds.....................................................55 Timeshare Loans.................................... 5152 SECTION 6.4 7.5.Indenture Trustee May Hold Own Notes; Collections, Etc................................................55 ........................................................................ 52 SECTION 6.5 Funds Held By 7.6. Indenture Trustee.................................................55 ’s Fees and Expenses.................................................................... 52 SECTION 6.6 Compensation; Reimbursement; Indemnification....................................55 7.7. Eligibility Requirements for Indenture Trustee...................................................... 5253 SECTION 6.7 Corporate Trustee Required; Eligibility.........................................56 SECTION 6.8 Resignation and Removal; Appointment of Successor Trustee.......................57 SECTION 6.9 Acceptance of Appointment by Successor Trustee..................................59 SECTION 6.10 Merger, Conversion, Consolidation 7.8.Resignation or Succession to Business Removal of Indenture Trustee............................................................60 ...................................................... 5253 SECTION 6.11 Limitations on Rights 7.9.Successor Indenture Trustee.......................................................................... 5354 SECTION 7.10.Merger or Consolidation of Indenture Trustee.................................................... 5455 SECTION 7.11.Appointment of Co-Indenture Trustee as Creditor..........................61or Separate Indenture Trustee.............................. 55 SECTION 7.12. Paying Agent and Note Registrar Rights.......................................................... 5657 SECTION 7.13.Authorization.......................................................................................... 5657 SECTION 7.14.Maintenance of Office or Agency........................................................................ 57 4

The Indenture Trustee. SECTION 6.1 Certain 37 Section 6.01 Duties and Responsibilities.............................................52 SECTION 6.2 Certain Rights of the Indenture Trustee.........................................53 SECTION 6.3 Not Responsible for Recitals, Validity of the Notes or Application of the Proceeds.....................................................55 SECTION 6.4 May Hold Notes; Collections, Etc................................................55 SECTION 6.5 Funds Held By Indenture Trustee.................................................55 SECTION 6.6 Compensation; Reimbursement; Indemnification....................................55 SECTION 6.7 Corporate Trustee Required; Eligibility.........................................56 SECTION 6.8 Resignation and Removal; Appointment of Successor Trustee.......................57 SECTION 6.9 Acceptance of Appointment by Successor Trustee..................................59 SECTION 6.10 Merger, Conversion, Consolidation or Succession to Business of Indenture Trustee............................................................60 SECTION 6.11 Limitations on .......................................................... 37 Section 6.02 Rights of Indenture Trustee.......................................................... 38 Section 6.03 Individual Rights of Indenture Trustee............................................... 38 Section 6.04 Indenture Trustee's Disclaimer....................................................... 38 Section 6.05 Notice of Event of Default........................................................... 38 Section 6.06 Reports by Indenture Trustee as Creditor..........................61to Holders.............................................. 39 Section 6.07 Compensation and Indemnity........................................................... 39 Section 6.08 Replacement of Indenture Trustee..................................................... 39 Section 6.09 Successor Indenture Trustee by Merger................................................ 40 Section 6.10 Appointment of Co-Indenture Trustee or Separate Indenture Trustee.................... 41 Section 6.11 Eligibility; Disqualification........................................................ 42 Section 6.12 Preferential Collection of Claims Against Issuer..................................... 42 Section 6.13 Representation and Warranty.......................................................... 42 Section 6.14 Directions to Indenture Trustee...................................................... 43 Section 6.15 Indenture Trustee May Own Securities................................................. 43

The Indenture Trustee. SECTION 6.1 Certain Section 6.01. Duties and Responsibilities.............................................52 SECTION 6.2 Certain Rights of the Indenture Trustee.........................................53 SECTION 6.3 ...................................................47 Section 6.02. Notice of Early Redemption Event, Reinvestment Event or Event of Default..........49 Section 6.03. Certain Matters Affecting the Indenture Trustee...................................50 Section 6.04. Not Responsible for Recitals, Validity Recitals or Issuance of the Notes or Application of the Proceeds.....................................................55 SECTION 6.4 Notes.................................51 Section 6.05. Indenture Trustee May Hold Notes; Collections..................................................51 Section 6.06. Money Held in Trust...............................................................51 Section 6.07. Compensation, Etc................................................55 SECTION 6.5 Funds Held By Indenture Trustee.................................................55 SECTION 6.6 Compensation; Reimbursement; Reimbursement and Indemnification....................................55 SECTION 6.7 Corporate Trustee Required; Eligibility.........................................56 SECTION 6.8 Resignation and Removal; Appointment of Successor Trustee.......................57 SECTION 6.9 Acceptance of Appointment by Successor Trustee..................................59 SECTION 6.10 Merger, Conversion, Consolidation or Succession to Business ...................................52 Section 6.08. Replacement of Indenture Trustee............................................................60 SECTION 6.11 Limitations on Rights of ..................................................52 Section 6.09. Successor Indenture Trustee as Creditor..........................61by Merger.............................................54 Section 6.10. Appointment of Co-Indenture Trustee or Separate Indenture Trustee.................54 Section 6.11. Eligibility; Disqualification.....................................................56 Section 6.12. Representations and Warranties of the Indenture Trustee...........................56 Section 6.13. Preferential Collection of Claims Against Issuer..................................56 Section 6.14. Tax Returns.......................................................................56 Section 6.15. Custody of the Trust Estate.......................................................57

The Indenture Trustee. SECTION 6.1 Certain Section 6.01. Duties and Responsibilities.............................................52 SECTION 6.2 Certain Rights of the Of Indenture Trustee.........................................53 SECTION 6.3 .......................................................................50 Section 6.02. Notice Of Default.................................................................................52 Section 6.03. Rights Of Indenture Trustee.......................................................................52 Section 6.04. Not Responsible for Recitals, Validity of the Notes or Application of the Proceeds.....................................................55 SECTION 6.4 For Recitals Or Issuance Of Notes.................................................52 Section 6.05. May Hold Notes; Collections....................................................................................53 Section 6.06. Money Held In Trust...............................................................................53 Section 6.07. Eligibility, Etc................................................55 SECTION 6.5 Funds Held By Disqualification.....................................................................53 Section 6.08. Indenture Trustee.................................................55 SECTION 6.6 Compensation; Reimbursement; Indemnification....................................55 SECTION 6.7 Corporate Trustee Required; Eligibility.........................................56 SECTION 6.8 's Capital And Surplus...........................................................53 Section 6.09. Resignation and And Removal; Appointment of Successor Trustee.......................57 SECTION 6.9 Of Successor.................................................53 Section 6.10. Acceptance of Of Appointment by Successor Trustee..................................59 SECTION 6.10 By Successor............................................................55 Section 6.11. Merger, Conversion, Consolidation or Or Succession to To Business of Of Indenture Trustee............................................................60 SECTION 6.11 Limitations on Rights of ..................55 Section 6.12. Preferential Collection Of Claims Against Issuer..................................................56 Section 6.13. Co-Indenture Trustees And Separate Indenture Trustees.............................................56 Section 6.14. Authenticating Agents.............................................................................57 Section 6.15. [Reserved]........................................................................................58 Section 6.16. Indenture Trustee as Creditor..........................61Fees And Expenses...............................................................58

The Indenture Trustee. SECTION 6.1 Certain 83 Section 7.01 Duties and Responsibilities.............................................52 SECTION 6.2 Certain of the Indenture Trustee ............................................. 83 Section 7.02 Notice of Event of Insolvency or Event of Default ........................... 85 Section 7.03 Rights of the Indenture Trustee.........................................53 SECTION 6.3 Trustee ............................................. 85 Section 7.04 Not Responsible for Recitals, Validity Issuance of the Notes or Application of the Proceeds.....................................................55 SECTION 6.4 Moneys as Directed .................................................................... 86 Section 7.05 May Hold NotesNotes .............................................................. 86 Section 7.06 Money Held in Trust ......................................................... 86 Section 7.07 Compensation and Indemnity .................................................. 87 Section 7.08 Eligibility; Collections, Etc................................................55 SECTION 6.5 Funds Held By Indenture Trustee.................................................55 SECTION 6.6 Compensation; Reimbursement; Indemnification....................................55 SECTION 6.7 Corporate Trustee Required; Eligibility.........................................56 SECTION 6.8 Disqualification ............................................... 88 Section 7.09 [Reserved] .................................................................. 89 Section 7.10 Resignation and Removal; Appointment of Successor Trustee.......................57 SECTION 6.9 ........................... 89 Section 7.11 Acceptance of Appointment by Successor Trustee..................................59 SECTION 6.10 ...................................... 90 Section 7.12 Merger, Conversion, Consolidation or Succession to Business of Indenture Trustee............................................................60 SECTION 6.11 Limitations on Rights of the Indenture Trustee as Creditor..........................61..................................................................... 91 Section 7.13 Co-trustees and Separate Trustees ........................................... 91

The Indenture Trustee. SECTION 6.1 Certain 38 Section 6.1. Duties and Responsibilities.............................................52 SECTION 6.2 Certain Rights of the Indenture Trustee.........................................53 SECTION 6.3 ................................................. 38 Section 6.2. Notice of Pay Out Event or Event of Default..................................... 40 Section 6.3. Rights of Indenture Trustee..................................................... 41 Section 6.4. Not Responsible for RecitalsRecitals or Issuance of Notes............................... 42 Section 6.5. Restrictions on Holding Notes................................................... 42 Section 6.6. Money Held in Trust............................................................. 42 Section 6.7. Compensation, Validity of the Notes or Application of the Proceeds.....................................................55 SECTION 6.4 May Hold Notes; Collections, Etc................................................55 SECTION 6.5 Funds Held By Indenture Trustee.................................................55 SECTION 6.6 Compensation; Reimbursement; Reimbursement and Indemnification....................................55 SECTION 6.7 Corporate Trustee Required; Eligibility.........................................56 SECTION 6.8 Resignation and Removal; Appointment of Successor Trustee.......................57 SECTION 6.9 Acceptance of Appointment by Successor Trustee..................................59 SECTION 6.10 Merger, Conversion, Consolidation or Succession to Business ................................. 42 Section 6.8. Replacement of Indenture Trustee............................................................60 SECTION 6.11 Limitations on Rights of ................................................ 43 Section 6.9. Successor Indenture Trustee as Creditor..........................61by Merger........................................... 45 Section 6.10. Appointment of Co-Indenture Trustee or Separate Indenture Trustee............... 45 Section 6.11. Eligibility; Disqualification................................................... 46 Section 6.12. Preferential Collection of Claims Against....................................... 47 Section 6.13. Representations and Covenants of the Indenture Trustee.......................... 47 Section 6.14. Custody of the Collateral....................................................... 47

The Indenture Trustee. SECTION 6.1 Certain 52 Section 6.01. Duties and Responsibilities.............................................52 SECTION 6.2 Certain Rights of the Indenture Trustee.........................................53 SECTION 6.3 ...................................................52 Section 6.02. Notice of Amortization Event or Event of Default..................................54 Section 6.03. Rights of Indenture Trustee.......................................................54 Section 6.04. Not Responsible for Recitals, Validity Recitals or Issuance of the Notes or Application of the Proceeds.....................................................Notes.................................55 SECTION 6.4 Section 6.05. May Hold Notes; Collections....................................................................56 Section 6.06. Money Held in Trust...............................................................56 Section 6.07. Compensation, Etc................................................55 SECTION 6.5 Funds Held By Indenture Trustee.................................................55 SECTION 6.6 Compensation; Reimbursement; Reimbursement and Indemnification....................................55 SECTION 6.7 Corporate Trustee Required; Eligibility............................................................................56 SECTION 6.8 Resignation and Removal; Appointment of Successor Trustee.......................57 SECTION 6.9 Acceptance of Appointment by Successor Trustee..................................59 SECTION 6.10 Merger, Conversion, Consolidation or Succession to Business Section 6.08. Replacement of Indenture Trustee............................................................60 SECTION 6.11 Limitations on Rights of ..................................................57 Section 6.09. Successor Indenture Trustee as Creditor..........................61by Merger.............................................58 Section 6.10. Appointment of Co-Indenture Trustee or Separate Indenture Trustee.................58 Section 6.11. Eligibility; Disqualification.....................................................59 Section 6.12. Preferential Collection of Claims Against.........................................60 Section 6.13. Tax Returns.......................................................................60 Section 6.14. Representations and Covenants of the Indenture Trustee............................60 Section 6.15. Custody of the Collateral.........................................................60

The Indenture Trustee. SECTION 6.1 Certain 35 Section 6.01. Duties and Responsibilities.............................................52 SECTION 6.2 Certain Rights of the Indenture Trustee.........................................53 SECTION 6.3 Not Responsible for Recitals, Validity of the Notes or Application of the Proceeds.....................................................55 SECTION 6.4 May Hold Notes; Collections, Etc................................................55 SECTION 6.5 Funds Held By Indenture Trustee.................................................55 SECTION 6.6 Compensation; Reimbursement; Indemnification....................................55 SECTION 6.7 Corporate Trustee Required; Eligibility.........................................56 SECTION 6.8 Resignation and Removal; Appointment of Successor Trustee.......................57 SECTION 6.9 Acceptance of Appointment by Successor Trustee..................................59 SECTION 6.10 Merger, Conversion, Consolidation or Succession to Business of Indenture Trustee............................................................60 SECTION 6.11 Limitations on ......................................35 Section 6.02. Rights of Indenture Trustee......................................36 Section 6.03. Individual Rights of Indenture Trustee...........................36 Section 6.04. Indenture Trustee's Disclaimer...................................37 Section 6.05. Notice of Event of Default.......................................37 Section 6.06. Reports by Indenture Trustee as Creditorto Holders..........................6137 Section 6.07. Compensation and Indemnity.......................................37 Section 6.08. Replacement of Indenture Trustee.................................37 Section 6.09. Successor Indenture Trustee by Merger............................38 Section 6.10. Appointment of Xx-Xxxenture Trustee or Separate Indenture Trustee..........................................................39 Section 6.11. Eligibility; Disqualification....................................40 Section 6.12. Preferential Collection of Claims Against Issuer.................40 Section 6.13. Representations and Warranties...................................40 Section 6.14. Directions to Indenture Trustee..................................41 Section 6.15. Indenture Trustee May Own Securities.............................41 ARTICLE VII NOTEHOLDERS' LISTS AND REPORTS...........................................41 Section 7.01. Issuer to Furnish Indenture Trustee Names and Addresses of Noteholders......................................................41 Section 7.02. Preservation of Information; Communications to Noteholders.......41 Section 7.03. Reports by Issuer................................................42 Section 7.04. Reports by Indenture Trustee.....................................42 Section 7.05. Exchange Act Reporting...........................................42 ARTICLE VIII ACCOUNTS, DISBURSEMENTS AND RELEASES.....................................43 Section 8.01. Collection of Money..............................................43 Section 8.02. Trust Accounts...................................................43 Section 8.03. Officer's Certificate............................................44 Section 8.04. Termination Upon Payment to Noteholders..........................44 Section 8.05. Release of Trust Estate..........................................44 Section 8.06. Surrender of Notes Upon Final Payment............................44

The Indenture Trustee. SECTION 6.1 Certain 34 Section 6.01. Duties and Responsibilities.............................................52 SECTION 6.2 Certain of Indenture Trustee......................................................34 Section 6.02. Rights of the Indenture Trustee.........................................53 SECTION 6.3 Not Responsible for Recitals, Validity ......................................................35 Section 6.03. Individual Rights of the Notes or Application Indenture Trustee...........................................36 Section 6.04. Indenture Trustee's Disclaimer...................................................36 Section 6.05. Notice of the Proceeds.....................................................55 SECTION 6.4 May Hold Notes; Collections, Etc................................................55 SECTION 6.5 Funds Held By Event of Default.......................................................36 Section 6.06. Reports by Indenture Trustee to Holders..........................................36 Section 6.07. Compensation and Indemnity.......................................................36 Section 6.08. Replacement of Indenture Trustee.................................................55 SECTION 6.6 Compensation; Reimbursement; Indemnification....................................55 SECTION 6.7 Corporate 36 Section 6.09. Successor Indenture Trustee Required; Eligibility.........................................56 SECTION 6.8 Resignation and Removal; by Merger............................................37 Section 6.10. Appointment of Successor Trustee.......................57 SECTION 6.9 Acceptance of Appointment by Successor Trustee..................................59 SECTION 6.10 Merger, Conversion, Consolidation Co-Indenture Trustee or Succession to Business of Separate Indenture Trustee............................................................60 SECTION 6.11 Limitations on Rights ................38 Section 6.11. Eligibility; Disqualification....................................................39 Section 6.12. Preferential Collection of Claims Against Issuer.................................40 Section 6.13. Representations and Warranties...................................................40 Section 6.14. Directions to Indenture Trustee..................................................40 Section 6.15. Indenture Trustee as Creditor..........................61May Own Securities.............................................41 ARTICLE VII NOTEHOLDERS' LISTS AND REPORTS............................................................41 Section 7.01. Issuer to Furnish Indenture Trustee Names and Addresses of Noteholders...........41 Section 7.02. Preservation of Information; Communications to Noteholders.......................41 Section 7.03. Reports by Issuer................................................................41 Section 7.04. Reports by Indenture Trustee.....................................................42 Section 7.05. Exchange Act Reporting...........................................................42 ARTICLE VIII ACCOUNTS, DISBURSEMENTS AND RELEASES......................................................42 Section 8.01. Collection of Money..............................................................42 Section 8.02. Trust Accounts...................................................................43 Section 8.03. Officer's Certificate............................................................43 Section 8.04. Termination Upon Payment to Noteholders..........................................43 Section 8.05. Release of Trust Estate..........................................................43 Section 8.06. Surrender of Notes Upon Final Payment............................................44

The Indenture Trustee. SECTION 6.1 Certain .................................................................35 Section 6.1. Duties and Responsibilities.............................................52 SECTION 6.2 Certain Rights of the Indenture Trustee.........................................53 SECTION 6.3 Not Responsible for Recitals, Validity of the Notes or Application of the Proceeds.....................................................55 SECTION 6.4 May Hold Notes; Collections, Etc................................................55 SECTION 6.5 Funds Held By Indenture Trustee.................................................55 SECTION 6.6 Compensation; Reimbursement; Indemnification....................................55 SECTION 6.7 Corporate Trustee Required; Eligibility.........................................56 SECTION 6.8 Resignation and Removal; Appointment of Successor Trustee.......................57 SECTION 6.9 Acceptance of Appointment by Successor Trustee..................................59 SECTION 6.10 Merger, Conversion, Consolidation or Succession to Business of Indenture Trustee............................................................60 SECTION 6.11 Limitations on ..........................................................35 Section 6.2. Rights of Indenture Trustee..........................................................37 Section 6.3. Individual Rights of Indenture Trustee...............................................38 Section 6.4. Indenture Trustee's Disclaimer.......................................................39 Section 6.5. Notice of Defaults...................................................................39 Section 6.6. Reports by Indenture Trustee as Creditor..........................61to Holders..............................................39 Section 6.7. Reserved.............................................................................39 Section 6.8. Replacement of Indenture Trustee.....................................................39 Section 6.9. Successor Indenture Trustee by Merger................................................40 Section 6.10. Appointment of Co-Indenture Trustee or Separate Indenture Trustee....................40 Section 6.11. Eligibility; Disqualification........................................................41 Section 6.12. Preferential Collection of Claims Against Issuer.....................................42 Section 6.13. Representations and Warranties.......................................................42 Section 6.14. Directions to Indenture Trustee......................................................42

The Indenture Trustee. SECTION 6.1 Certain 89 Section 7.01 Duties and Responsibilities.............................................52 SECTION 6.2 Certain of the Indenture Trustee .............................................. 89 Section 7.02 Notice of Event of Insolvency or Event of Default ............................ 92 Section 7.03 Rights of the Indenture Trustee.........................................53 SECTION 6.3 Trustee .............................................. 92 Section 7.04 Not Responsible for Recitals, Validity Issuance of the Notes or Application of the Proceeds.....................................................55 SECTION 6.4 Moneys as Directed ..................................................................... 92 Section 7.05 May Hold NotesNotes ............................................................... 93 Section 7.06 Money Held in Trust .......................................................... 93 Section 7.07 Compensation and Indemnity ................................................... 93 Section 7.08 Eligibility; Collections, Etc................................................55 SECTION 6.5 Funds Held By Indenture Trustee.................................................55 SECTION 6.6 Compensation; Reimbursement; Indemnification....................................55 SECTION 6.7 Corporate Trustee Required; Eligibility.........................................56 SECTION 6.8 Disqualification ................................................ 95 Section 7.09 [Reserved] ................................................................... 95 Section 7.10 Resignation and Removal; Appointment of Successor Trustee.......................57 SECTION 6.9 ............................ 96 Section 7.11 Acceptance of Appointment by Successor Trustee..................................59 SECTION 6.10 ....................................... 97 Section 7.12 Merger, Conversion, Consolidation or Succession to Business of Indenture Trustee............................................................60 SECTION 6.11 Limitations on Rights of the Indenture Trustee as Creditor..........................61...................................................................... 97 Section 7.13 Co-trustees and Separate Trustees ............................................ 98

The Indenture Trustee. SECTION 6.1 Certain 91 Section 7.01 Duties and Responsibilities.............................................52 SECTION 6.2 Certain of the Indenture Trustee......................................91 Section 7.02 Notice of Event of Insolvency or Event of Default....................93 Section 7.03 Rights of the Indenture Trustee.........................................53 SECTION 6.3 ......................................93 Section 7.04 Not Responsible for Recitals, Validity Issuance of the Notes or Application of the Proceeds.....................................................55 SECTION 6.4 Moneys as Directed....................................94 Section 7.05 May Hold Notes.......................................................94 Section 7.06 Money Held in Trust..................................................94 Section 7.07 Compensation and Indemnity...........................................94 Section 7.08 Eligibility; Collections, Etc................................................55 SECTION 6.5 Funds Held By Indenture Trustee.................................................55 SECTION 6.6 Compensation; Reimbursement; Indemnification....................................55 SECTION 6.7 Corporate Trustee Required; Eligibility.........................................56 SECTION 6.8 Disqualification........................................96 Section 7.09 [Reserved]...........................................................97 Section 7.10 Resignation and Removal; Appointment of Successor Trustee.......................57 SECTION 6.9 Successor....................97 Section 7.11 Acceptance of Appointment by Successor Trustee..................................59 SECTION 6.10 Successor...............................98 Section 7.12 Merger, Conversion, Consolidation or Succession to Business of the Indenture Trustee............................................................60 SECTION 6.11 Limitations on Rights of Indenture Trustee as Creditor..........................61....................................98 Section 7.13 Co-trustees and Separate Trustees....................................99

The Indenture Trustee. SECTION 6.1 Certain 34 Section 6.01. Duties and Responsibilities.............................................52 SECTION 6.2 Certain Rights of the Indenture Trustee.........................................53 SECTION 6.3 Not Responsible for Recitals, Validity of the Notes or Application of the Proceeds.....................................................55 SECTION 6.4 May Hold Notes; Collections, Etc................................................55 SECTION 6.5 Funds Held By Indenture Trustee.................................................55 SECTION 6.6 Compensation; Reimbursement; Indemnification....................................55 SECTION 6.7 Corporate Trustee Required; Eligibility.........................................56 SECTION 6.8 Resignation and Removal; Appointment of Successor Trustee.......................57 SECTION 6.9 Acceptance of Appointment by Successor Trustee..................................59 SECTION 6.10 Merger, Conversion, Consolidation or Succession to Business of Indenture Trustee............................................................60 SECTION 6.11 Limitations on ......................................34 Section 6.02. Rights of Indenture Trustee......................................35 Section 6.03. Individual Rights of Indenture Trustee...........................36 Section 6.04. Indenture Trustee's Disclaimer...................................36 Section 6.05. Notice of Event of Default.......................................36 Section 6.06. Reports by Indenture Trustee as Creditorto Holders..........................6136 Section 6.07. Compensation and Indemnity.......................................36 Section 6.08. Replacement of Indenture Trustee.................................36 Section 6.09. Successor Indenture Trustee by Merger............................30 Section 6.10. Appointment of Co-Indenture Trustee or Separate Indenture Trustee..........................................................38 Section 6.11. Eligibility; Disqualification....................................39 Section 6.12. Preferential Collection of Claims Against Issuer.................40 Section 6.13. Representations and Warranties...................................40 Section 6.14. Directions to Indenture Trustee..................................40 Section 6.15. Indenture Trustee May Own Securities.............................41 ARTICLE VII NOTEHOLDERS' LISTS AND REPORTS...........................................41 Section 7.01. Issuer to Furnish Indenture Trustee Names and Addresses of Noteholders......................................................41 Section 7.02. Preservation of Information; Communications to Noteholders.......41 Section 7.03. Reports by Issuer................................................41 Section 7.04. Reports by Indenture Trustee.....................................42 Section 7.05. Exchange Act Reporting...........................................42 ARTICLE VIII ACCOUNTS, DISBURSEMENTS AND RELEASES.....................................42 Section 8.01. Collection of Money..............................................42 Section 8.02. Trust Accounts...................................................43 Section 8.03. Officer's Certificate............................................43 Section 8.04. Termination Upon Payment to Noteholders..........................43 Section 8.05. Release of Trust Estate..........................................43 Section 8.06. Surrender of Notes Upon Final Payment............................44

The Indenture Trustee. SECTION 6.1 Certain 34 Section 6.01. Duties and Responsibilities.............................................52 SECTION 6.2 Certain Rights of the Indenture Trustee.........................................53 SECTION 6.3 Not Responsible for Recitals, Validity of the Notes or Application of the Proceeds.....................................................55 SECTION 6.4 May Hold Notes; Collections, Etc................................................55 SECTION 6.5 Funds Held By Indenture Trustee.................................................55 SECTION 6.6 Compensation; Reimbursement; Indemnification....................................55 SECTION 6.7 Corporate Trustee Required; Eligibility.........................................56 SECTION 6.8 Resignation and Removal; Appointment of Successor Trustee.......................57 SECTION 6.9 Acceptance of Appointment by Successor Trustee..................................59 SECTION 6.10 Merger, Conversion, Consolidation or Succession to Business of Indenture Trustee............................................................60 SECTION 6.11 Limitations on ......................................34 Section 6.02. Rights of Indenture Trustee......................................35 Section 6.03. Individual Rights of Indenture Trustee...........................35 Section 6.04. Indenture Trustee's Disclaimer...................................36 Section 6.05. Notice of Event of Default.......................................36 Section 6.06. Reports by Indenture Trustee as Creditorto Holders..........................6136 Section 6.07. Compensation and Indemnity.......................................36 Section 6.08. Replacement of Indenture Trustee.................................36 Section 6.09. Successor Indenture Trustee by Merger............................37 Section 6.10. Appointment of Co-Xxxxxture Trustee or Separate Indenture Trustee..........................................................37 Section 6.11. Eligibility; Disqualification....................................39 Section 6.12. Preferential Collection of Claims Against Issuer.................39 Section 6.13. Representations and Warranties...................................39 Section 6.14. Directions to Indenture Trustee..................................40 Section 6.15. Indenture Trustee May Own Securities.............................40 ARTICLE VII NOTEHOLDERS' LISTS AND REPORTS...........................................41 Section 7.01. Issuer to Furnish Indenture Trustee Names and Addresses of Noteholders......................................................41 Section 7.02. Preservation of Information; Communications to Noteholders.......41 Section 7.03. Reports by Issuer................................................41 Section 7.04. Reports by Indenture Trustee.....................................42 Section 7.05. Exchange Act Reporting...........................................42 ARTICLE VIII ACCOUNTS, DISBURSEMENTS AND RELEASES.....................................42 Section 8.01. Collection of Money..............................................42 Section 8.02. Trust Accounts...................................................42 Section 8.03. Officer's Certificate............................................43 Section 8.04. Termination Upon Payment to Noteholders..........................43 Section 8.05. Release of Trust Estate..........................................43 Section 8.06. Surrender of Notes Upon Final Payment............................44

The Indenture Trustee. SECTION 6.1 Certain 53 Section 6.01. Duties and Responsibilities.............................................52 SECTION 6.2 Certain of Indenture Trustee......................................................53 Section 6.02. Notice of Default................................................................54 Section 6.03. Rights of the Indenture Trustee.........................................53 SECTION 6.3 ......................................................55 Section 6.04. Not Responsible for Recitals, Validity Recitals or Issuance of the Notes or Application of the Proceeds.....................................................Notes................................55 SECTION 6.4 Section 6.05. May Hold Notes; Collections...................................................................55 Section 6.06. Money Held in Trust..............................................................55 Section 6.07. Eligibility, Etc................................................55 SECTION 6.5 Funds Held By Disqualification....................................................56 Section 6.08. Indenture Trustee.................................................55 SECTION 6.6 Compensation; Reimbursement; Indemnification....................................55 SECTION 6.7 Corporate Trustee Required; Eligibility.........................................'s Capital and Surplus..........................................56 SECTION 6.8 Section 6.09. Resignation and Removal; Appointment of Successor Trustee.......................57 SECTION 6.9 Successor................................56 Section 6.10. Acceptance of Appointment by Successor Trustee..................................59 SECTION 6.10 Successor...........................................57 Section 6.11. Merger, Conversion, Consolidation or Succession to Business of Indenture Trustee..........................................................................58 Section 6.12. Preferential Collection of Claims Against Issuer.................................58 Section 6.13. Co-Indenture Trustees and Separate Indenture Trustees............................58 Section 6.14. Authenticating Agents............................................................60 SECTION 6.11 Limitations on Section 6.15. Review of Mortgage Files.........................................................61 Section 6.16. Indenture Trustee Fees and Expenses..............................................62 Section 6.17. Tax Reporting....................................................................63 ARTICLE VII NOTEHOLDERS' LISTS AND REPORTS............................................................63 Section 7.01. Issuer to Furnish Indenture Trustee Names and Addresses of Noteholders...........63 Section 7.02. Preservation of Information; Communications to Noteholders.......................63 Section 7.03. Reports by Indenture Trustee.....................................................64 Section 7.04. Reports by Issuer................................................................64 Section 7.05 Exchange Act Reporting...........................................................64 ARTICLE VIII ACCOUNTS, PAYMENTS OF INTEREST AND PRINCIPAL, AND RELEASES................................64 Section 8.01. Collection of Moneys.............................................................64 Section 8.02. Note Account; Distributions......................................................65 Section 8.03. Claims Upon the Insurance Policy; Insurance Policy Payments Account..............67 Section 8.04. General Provisions Regarding the Note Accounts and Mortgage Loans................69 Section 8.05. Releases of Defective Mortgage Loans.............................................70 Section 8.06. Reports by Indenture Trustee to Noteholders; Access to Certain Information.......70 Section 8.07. Trust Estate Mortgage Files......................................................71 Section 8.08. Amendment to Servicing Agreement.................................................71 Section 8.09. Delivery of the Mortgage Files Pursuant to Servicing Agreement...................71 Section 8.10. Servicer as Agent................................................................72 Section 8.11. Termination of Servicer..........................................................72 Section 8.12. Opinion of Counsel...............................................................72 Section 8.13. Appointment of Custodians........................................................72 Section 8.14. Rights of Indenture Trustee as Creditor..........................61the Note Insurer to Exercise Rights of Noteholders.....................73 Section 8.15. Trust Estate and Accounts Held for Benefit of the Note Insurer...................73 Section 8.16. [Reserved.]......................................................................74

The Indenture Trustee. SECTION 31 Section 6.1 Certain Duties and Responsibilities.............................................52 SECTION of Indenture Trustee........................................................31 Section 6.2 Certain Rights of the Indenture Trustee........................................................32 Section 6.3 Individual Rights of Indenture Trustee.............................................33 Section 6.4 Indenture Trustee's Disclaimer.....................................................33 Section 6.5 Notice of Defaults.................................................................33 Section 6.6 Reports by Indenture Trustee to Holders............................................33 Section 6.7 Compensation and Indemnity.........................................................34 Section 6.8 Replacement of Indenture Trustee...................................................34 Section 6.9 Successor Indenture Trustee by Merger..............................................35 Section 6.10 Appointment of Co-Indenture Trustee or Separate Indenture Trustee..................35 Section 6.11 Eligibility; Disqualification......................................................36 Section 6.12 Preferential Collection of Claims Against Issuer...................................37 Section 6.13 Pennsylvania Motor Vehicle Sales Finance Act Licenses..............................37 ARTICLE VII - NOTEHOLDERS' LISTS; REPORTING......................................................................39 Section 7.1 Issuer To Furnish Indenture Trustee Names and Addresses of Noteholders.............39 Section 7.2 Preservation of Information; Communications to Noteholders.........................39 Section 7.3 Reporting by Issuer................................................................40 Section 7.4 Reporting and Notices by Indenture Trustee.........................................53 SECTION 6.3 Not Responsible for Recitals40 ARTICLE VIII - ACCOUNTS, Validity DISBURSEMENTS AND RELEASES..............................................................40 Section 8.1 Collection of the Notes or Application Money................................................................40 Section 8.2 Trust Accounts.....................................................................40 Section 8.3 General Provisions Regarding Accounts..............................................41 Section 8.4 Release of the Proceeds.....................................................55 SECTION 6.4 May Hold Notes; Collections, Etc................................................55 SECTION 6.5 Funds Held By Indenture Trustee.................................................55 SECTION 6.6 Compensation; Reimbursement; Indemnification....................................55 SECTION 6.7 Corporate Trustee Required; Eligibility.........................................56 SECTION 6.8 Resignation and Removal; Appointment Trust Estate............................................................42 Section 8.5 Opinion of Successor Trustee.......................57 SECTION 6.9 Acceptance of Appointment by Successor Trustee..................................59 SECTION 6.10 Merger, Conversion, Consolidation or Succession to Business of Indenture Trustee............................................................60 SECTION 6.11 Limitations on Rights of Indenture Trustee as Creditor..........................61Counsel.................................................................42

The Indenture Trustee. SECTION 6.1 49 Section 8.01 Certain Duties and Responsibilities.............................................52 SECTION 6.2 ...................................................49 Section 8.02 Notice of Defaults....................................................................50 iii Section 8.03 Certain Rights of the Indenture Trustee.........................................53 SECTION 6.3 ...................................................50 Section 8.04 Not Responsible for Recitals, Validity Recitals or Issuance of the Notes or Application of the Proceeds.....................................................55 SECTION 6.4 Notes.....................................51 Section 8.05 May Hold Notes........................................................................51 Section 8.06 Money Held in Trust...................................................................51 Section 8.07 Compensation and Reimbursement, Limit on Compensation, Reimbursement and Indemnity....52 Section 8.08 Disqualification; Collections, Etc................................................55 SECTION 6.5 Funds Held By Conflicting Interests...............................................52 Section 8.09 Corporate Indenture Trustee.................................................55 SECTION 6.6 Compensation; Reimbursement; Indemnification....................................55 SECTION 6.7 Corporate Trustee Required; Eligibility.........................................56 SECTION 6.8 .....................................52 Section 8.10 Resignation and Removal; Appointment of Successor Trustee.......................57 SECTION 6.9 Successor.....................................53 Section 8.11 Acceptance of Appointment by Successor Trustee..................................59 SECTION 6.10 Successor................................................54 Section 8.12 Merger, Conversion, Consolidation or Succession to Business Business...........................55 Section 8.13 Preferential Collection of Claims Against Issuer......................................55 Section 8.14 Appointment of Authenticating Agent...................................................55 Section 8.15 Tax Returns...........................................................................56 Section 8.16 Representations and Covenants of the Indenture Trustee............................................................60 SECTION 6.11 Limitations on Rights ................................57 Section 8.17 Custody of the Collateral.............................................................57 Section 8.18 Appointment of Co-Indenture Trustee as Creditor..........................61or Separate Indenture Trustee.....................58

The Indenture Trustee. SECTION 6.1 Certain 52 Section 6.01 Duties and Responsibilities.............................................52 SECTION 6.2 Certain Rights of the Indenture Trustee.........................................53 SECTION 6.3 Not Responsible for Recitals, Validity of the Notes or Application of the Proceeds.....................................................55 SECTION 6.4 May Hold Notes; Collections, Etc................................................55 SECTION 6.5 Funds Held By Indenture Trustee.................................................55 SECTION 6.6 Compensation; Reimbursement; Indemnification....................................55 SECTION 6.7 Corporate Trustee Required; Eligibility.........................................56 SECTION 6.8 Resignation and Removal; Appointment of Successor Trustee.......................57 SECTION 6.9 Acceptance of Appointment by Successor Trustee..................................59 SECTION 6.10 Merger, Conversion, Consolidation or Succession to Business of Indenture Trustee............................................................60 SECTION 6.11 Limitations on ...................................................... 52 Section 6.02 Rights of Indenture Trustee...................................................... 53 Section 6.03 Individual Rights of Indenture Trustee........................................... 54 Section 6.04 Indenture Trustee's Disclaimer................................................... 54 Section 6.05 Notice of Event of Default....................................................... 54 Section 6.06 Reports by Indenture Trustee as Creditor..........................61to Holders.......................................... 55 Section 6.07 Compensation and Indemnity....................................................... 55 Section 6.08 Replacement of Indenture Trustee................................................. 55 Section 6.09 Successor Indenture Trustee by Merger............................................ 57 Section 6.10 Appointment of Co-Indenture Trustee or Separate Indenture Trustee................ 57 Section 6.11 Eligibility; Disqualification.................................................... 58 Section 6.12 [Reserved]....................................................................... 59 Section 6.13 Representations, Warranties and Covenants of Indenture Trustee................... 59 Section 6.14 Directions to Indenture Trustee.................................................. 60 Section 6.15 Conflicts........................................................................ 60

The Indenture Trustee. SECTION 6.1 Certain Section 6.01. Duties and Responsibilities.............................................52 SECTION 6.2 Certain Rights of the Indenture Trustee.........................................53 SECTION 6.3 ...............................................47 Section 6.02. Notice of Early Redemption Event, Reinvestment Event or Event of Default......49 Section 6.03. Certain Matters Affecting the Indenture Trustee...............................50 Section 6.04. Not Responsible for Recitals, Validity Recitals or Issuance of the Notes or Application of the Proceeds.....................................................55 SECTION 6.4 Notes.............................51 Section 6.05. Indenture Trustee May Hold Notes; Collections..............................................51 Section 6.06. Money Held in Trust...........................................................51 Section 6.07. Compensation, Etc................................................55 SECTION 6.5 Funds Held By Indenture Trustee.................................................55 SECTION 6.6 Compensation; Reimbursement; Reimbursement and Indemnification....................................55 SECTION 6.7 Corporate Trustee Required; Eligibility.........................................56 SECTION 6.8 Resignation and Removal; Appointment of Successor Trustee.......................57 SECTION 6.9 Acceptance of Appointment by Successor Trustee..................................59 SECTION 6.10 Merger, Conversion, Consolidation or Succession to Business ...............................52 Section 6.08. Replacement of Indenture Trustee............................................................60 SECTION 6.11 Limitations on Rights of ..............................................52 Section 6.09. Successor Indenture Trustee as Creditor..........................61by Merger.........................................54 Section 6.10. Appointment of Co-Indenture Trustee or Separate Indenture Trustee.............54 Section 6.11. Eligibility; Disqualification.................................................56 Section 6.12. Representations and Warranties of the Indenture Trustee.......................56 Section 6.13. Preferential Collection of Claims Against Issuer..............................56 Section 6.14. Tax Returns...................................................................56 Section 6.15. Custody of the Trust Estate...................................................57

The Indenture Trustee. 52 SECTION 6.1 Certain Duties and Responsibilities.............................................of Indenture Trustee......................................................52 SECTION 6.2 Certain Rights of the Indenture Trustee...............................................................................................53 SECTION 6.3 Not Responsible for Recitals, Validity Individual Rights of the Notes or Application of the Proceeds.....................................................Indenture Trustee..........................................................................55 SECTION 6.4 May Hold Notes; Collections, Etc................................................Indenture Trustee's Disclaimer...................................................55 SECTION 6.5 Funds Held By Notice of Defaults; Insolvency or Dissolution of Depositor or General Partner..................................................................55 SECTION 6.6 Reports by Indenture Trustee to Noteholders......................................................................56 SECTION 6.7 Compensation and Indemnity.......................................................56 SECTION 6.8 Replacement of Indenture Trustee.................................................55 SECTION 6.6 Compensation; Reimbursement; Indemnification....................................55 SECTION 6.7 Corporate Trustee Required; Eligibility.........................................56 SECTION 6.8 Resignation and Removal; Appointment of Successor Trustee.......................57 SECTION 6.9 Acceptance of Appointment Successor Indenture Trustee by Successor Trustee..................................Merger...........................................................................59 SECTION 6.10 Merger, Conversion, Consolidation Appointment of Co-Indenture Trustee or Succession to Business of Separate Indenture Trustee................................................................................................................60 SECTION 6.11 Limitations on Rights of Eligibility; Disqualification....................................................61 ARTICLE VII NOTEHOLDERS' LISTS AND REPORTS...........................................64 SECTION 7.1 Issuer To Furnish Indenture Trustee as Creditor..........................61Names and Addresses of Noteholders...............................................64 SECTION 7.2 Preservation of Information; Communications to Noteholders....................................................64 SECTION 7.3 Reports by Issuer................................................................65 SECTION 7.4 Reports by Indenture Trustee.....................................................65 ARTICLE VIII ACCOUNTS, DISBURSEMENTS AND RELEASES.........................................67

The Indenture Trustee. 59 SECTION 6.1 7.01. Certain Duties and Responsibilities.............................................52 .............................................. 59 SECTION 6.2 7.02. Notice of Defaults or Events of Default....................................................... 60 SECTION 7.03. Certain Rights of the Indenture Trustee.........................................53 ....................................................... 61 SECTION 6.3 7.04. Not Responsible for RecitalsRecitals or Issuance of Notes............................................. 62 SECTION 7.05. Money Held in Trust............................................... 62 SECTION 7.06. Compensation, Validity of the Notes or Application of the Proceeds.....................................................55 Reimbursement, etc.................................. 62 SECTION 6.4 May Hold Notes; Collections, Etc................................................55 SECTION 6.5 Funds Held By 7.07. Corporate Indenture Trustee.................................................55 SECTION 6.6 Compensation; Reimbursement; Indemnification....................................55 SECTION 6.7 Corporate Trustee Required; Eligibility.........................................56 ......................................... 63 SECTION 6.8 7.08. Resignation and Removal; Appointment of Successor Trustee.......................57 Successor...................................... 63 SECTION 6.9 7.09. Acceptance of Appointment by Successor Trustee..................................59 Successor..................................................... 64 SECTION 6.10 7.10. Merger, Conversion, Consolidation or Succession to Business of Business..................................... 65 SECTION 7.11. Co-trustees and Separate Indenture Trustee............................................................60 Trustees...................................................... 65 SECTION 6.11 Limitations on Rights of 7.12. Indenture Trustee as Creditor..........................61to Hold Contracts..................................................... 67 SECTION 7.13. Request for Opinion of Counsel.................................... 67 SECTION 7.14.

The Indenture Trustee. SECTION 6.1 Certain 34 Section 6.01. Duties and Responsibilities.............................................52 SECTION 6.2 Certain Rights of the Indenture Trustee.........................................53 SECTION 6.3 Not Responsible for Recitals, Validity of the Notes or Application of the Proceeds.....................................................55 SECTION 6.4 May Hold Notes; Collections, Etc................................................55 SECTION 6.5 Funds Held By Indenture Trustee.................................................55 SECTION 6.6 Compensation; Reimbursement; Indemnification....................................55 SECTION 6.7 Corporate Trustee Required; Eligibility.........................................56 SECTION 6.8 Resignation and Removal; Appointment of Successor Trustee.......................57 SECTION 6.9 Acceptance of Appointment by Successor Trustee..................................59 SECTION 6.10 Merger, Conversion, Consolidation or Succession to Business of Indenture Trustee............................................................60 SECTION 6.11 Limitations on ......................................34 Section 6.02. Rights of Indenture Trustee......................................35 Section 6.03. Individual Rights of Indenture Trustee...........................35 Section 6.04. Indenture Trustee's Disclaimer...................................36 Section 6.05. Notice of Event of Default.......................................36 Section 6.06. Reports by Indenture Trustee as Creditorto Holders..........................6136 Section 6.07. Compensation and Indemnity.......................................36 Section 6.08. Replacement of Indenture Trustee.................................36 Section 6.09. Successor Indenture Trustee by Merger............................00 Section 6.10. Appointment of Co-Indenture Trustee or Separate Indenture Trustee..........................................................37 Section 6.11. Eligibility; Disqualification....................................39 Section 6.12. Preferential Collection of Claims Against Issuer.................39 Section 6.13. Representations and Warranties...................................39 Section 6.14. Directions to Indenture Trustee..................................40 Section 6.15. Indenture Trustee May Own Securities.............................40 ARTICLE VII NOTEHOLDERS' LISTS AND REPORTS...........................................41 Section 7.01. Issuer to Furnish Indenture Trustee Names and Addresses of Noteholders......................................................41 Section 7.02. Preservation of Information; Communications to Noteholders.......41 Section 7.03. Reports by Issuer................................................41 Section 7.04. Reports by Indenture Trustee.....................................42 Section 7.05. Exchange Act Reporting...........................................42 ARTICLE VIII ACCOUNTS, DISBURSEMENTS AND RELEASES.....................................42 Section 8.01. Collection of Money..............................................42 Section 8.02. Trust Accounts...................................................42 Section 8.03. Officer's Certificate............................................43 Section 8.04. Termination Upon Payment to Noteholders..........................43 Section 8.05. Release of Trust Estate..........................................43 Section 8.06. Surrender of Notes Upon Final Payment............................44

The Indenture Trustee. SECTION 6.1 Certain 34 Section 6.01. Duties and Responsibilities.............................................52 SECTION 6.2 Certain Rights of the Indenture Trustee.........................................53 SECTION 6.3 Not Responsible for Recitals, Validity of the Notes or Application of the Proceeds.....................................................55 SECTION 6.4 May Hold Notes; Collections, Etc................................................55 SECTION 6.5 Funds Held By Indenture Trustee.................................................55 SECTION 6.6 Compensation; Reimbursement; Indemnification....................................55 SECTION 6.7 Corporate Trustee Required; Eligibility.........................................56 SECTION 6.8 Resignation and Removal; Appointment of Successor Trustee.......................57 SECTION 6.9 Acceptance of Appointment by Successor Trustee..................................59 SECTION 6.10 Merger, Conversion, Consolidation or Succession to Business of Indenture Trustee............................................................60 SECTION 6.11 Limitations on ......................................34 Section 6.02. Rights of Indenture Trustee......................................35 Section 6.03. Individual Rights of Indenture Trustee...........................35 Section 6.04. Indenture Trustee's Disclaimer...................................36 Section 6.05. Notice of Event of Default.......................................36 Section 6.06. Reports by Indenture Trustee as Creditorto Holders..........................6136 Section 6.07. Compensation and Indemnity.......................................36 Section 6.08. Replacement of Indenture Trustee.................................36 Section 6.09. Successor Indenture Trustee by Merger............................37 Section 6.10. Appointment of Cx-Xxxxnture Trustee or Separate Indenture Trustee..........................................................37 Section 6.11. Eligibility; Disqualification....................................39 Section 6.12. Preferential Collection of Claims Against Issuer.................39 Section 6.13. Representations and Warranties...................................39 Section 6.14. Directions to Indenture Trustee..................................40 Section 6.15. Indenture Trustee May Own Securities.............................40 ARTICLE VII NOTEHOLDERS' LISTS AND REPORTS...........................................41 Section 7.01. Issuer to Furnish Indenture Trustee Names and Addresses of Noteholders......................................................41 Section 7.02. Preservation of Information; Communications to Noteholders.......41 Section 7.03. Reports by Issuer................................................41 Section 7.04. Reports by Indenture Trustee.....................................42 Section 7.05. Exchange Act Reporting...........................................42 ARTICLE VIII ACCOUNTS, DISBURSEMENTS AND RELEASES.....................................42 Section 8.01. Collection of Money..............................................42 Section 8.02. Trust Accounts...................................................42 Section 8.03. Officer's Certificate............................................43 Section 8.04. Termination Upon Payment to Noteholders..........................43 Section 8.05. Release of Trust Estate..........................................43 Section 8.06. Surrender of Notes Upon Final Payment............................44

The Indenture Trustee. SECTION 6.1 Certain Duties 101 Section 6.01 Acceptance of Trusts and Responsibilities.............................................52 SECTION 6.2 Certain Rights Duties............................................... 101 Section 6.02 Absence of the Duties..................................................................... 101 Section 6.03 Representations or Warranties.................................................. 101 Section 6.04 Reliance; Agents; Advice of Counsel......................................... 102 Section 6.05 Not Acting in Individual Capacity................................................ 105 Section 6.06 No Compensation from Holders................................................ 105 Section 6.07 Notice of Defaults; Communications During Continuance of Event of Default................................................................................... 105 Section 6.08 Indenture Trustee.........................................53 SECTION 6.3 Not Responsible for Recitals, Validity of the Notes or Application of the Proceeds.....................................................55 SECTION 6.4 Trustee May Hold Notes; Collections, Etc................................................55 SECTION 6.5 Funds Held By Indenture Trustee.................................................55 SECTION 6.6 Compensation; Reimbursement; Indemnification....................................55 SECTION 6.7 Securities..................................... 105 Section 6.09 Corporate Trustee Required; Eligibility.........................................56 SECTION 6.8 ...................................... 106 Section 6.10 Reports by the Issuer................................................................. 106 Section 6.11 Compensation........................................................................… 106 Section 6.12 Certain Rights of the Requisite Majority..................................... 106 Section 6.13 Lessee Contact.......................................................................... 106 ARTICLE 7 SUCCESSOR TRUSTEES........................................................................... 107 Section 7.01 Resignation and Removal; Appointment of Successor Trustee.......................57 SECTION 6.9 Acceptance of Appointment by Successor Trustee..................................59 SECTION 6.10 Merger, Conversion, Consolidation or Succession to Business Removal of Indenture Trustee............................................................60 SECTION 6.11 Limitations on Rights ........................ 107 Section 7.02 Appointment of Indenture Trustee as Creditor..........................61Successor......................................................... 107 ARTICLE 8 INDEMNITY.................................................................................................. 108 Section 8.01 Indemnity................................................................................... 108 Section 8.02 Holders’ Indemnity..................................................................... 109 Section 8.03 Survival...................................................................................... 109 TABLE OF CONTENTS (continued) Page

The Indenture Trustee. SECTION 31 Section 6.1 Certain Duties and Responsibilities.............................................52 SECTION of Indenture Trustee........................................................31 Section 6.2 Certain Rights of the Indenture Trustee........................................................32 Section 6.3 Individual Rights of Indenture Trustee.............................................33 Section 6.4 Indenture Trustee's Disclaimer.....................................................33 Section 6.5 Notice of Defaults.................................................................33 Section 6.6 Reports by Indenture Trustee to Holders............................................34 Section 6.7 Compensation and Indemnity.........................................................34 Section 6.8 Replacement of Indenture Trustee...................................................34 Section 6.9 Successor Indenture Trustee by Merger..............................................35 Section 6.10 Appointment of Co-Indenture Trustee or Separate Indenture Trustee..................35 Section 6.11 Eligibility; Disqualification......................................................36 Section 6.12 Preferential Collection of Claims Against Issuer...................................37 Section 6.13 Pennsylvania Motor Vehicle Sales Finance Act Licenses..............................37 Section 6.14 Interest Rate Swap Provisions......................................................37 ARTICLE VII - NOTEHOLDERS' LISTS; REPORTING......................................................................39 Section 7.1 Issuer To Furnish Indenture Trustee Names and Addresses of Noteholders.............39 Section 7.2 Preservation of Information; Communications to Noteholders.........................39 Section 7.3 Reporting by Issuer................................................................40 Section 7.4 Reporting and Notices by Indenture Trustee.........................................53 SECTION 6.3 Not Responsible for Recitals40 ARTICLE VIII - ACCOUNTS, Validity DISBURSEMENTS AND RELEASES..............................................................40 Section 8.1 Collection of the Notes or Application Money................................................................40 Section 8.2 Trust Accounts.....................................................................41 Section 8.3 General Provisions Regarding Accounts..............................................41 Section 8.4 Release of the Proceeds.....................................................55 SECTION 6.4 May Hold Notes; Collections, Etc................................................55 SECTION 6.5 Funds Held By Indenture Trustee.................................................55 SECTION 6.6 Compensation; Reimbursement; Indemnification....................................55 SECTION 6.7 Corporate Trustee Required; Eligibility.........................................56 SECTION 6.8 Resignation and Removal; Appointment Trust Estate............................................................42 Section 8.5 Opinion of Successor Trustee.......................57 SECTION 6.9 Acceptance of Appointment by Successor Trustee..................................59 SECTION 6.10 Merger, Conversion, Consolidation or Succession to Business of Indenture Trustee............................................................60 SECTION 6.11 Limitations on Rights of Indenture Trustee as Creditor..........................61Counsel.................................................................42