Common use of The Indenture Trustee Clause in Contracts

The Indenture Trustee. Section 6.01 Duties of Indenture Trustee 35 Section 6.02 Representations and Warranties of the Indenture Trustee 37 Section 6.03 Rights of Indenture Trustee 38 Section 6.04 Individual Rights of Indenture Trustee 39 Section 6.05 Indenture Trustee’s Disclaimer 39 Section 6.06 Notice of Defaults 39 Section 6.07 Reports by Indenture Trustee to Holders 39 Section 6.08 Compensation and Indemnity 40 Section 6.09 Replacement of Indenture Trustee 40 Section 6.10 Successor Indenture Trustee by Merger 41 Section 6.11 Appointment of Co-Indenture Trustee or Separate Indenture Trustee 42 Section 6.12 Eligibility; Disqualification 43 Section 6.13 [Reserved] 43 Section 6.14 Preferential Collection of Claims Against Issuer 43 Section 6.15 Waiver of Setoffs 43 ii (2020-A Indenture) TABLE OF CONTENTS (continued) Page

The Indenture Trustee. Section 6.01 Duties of Indenture Trustee 35 36 Section 6.02 Representations and Warranties of the Indenture Trustee 37 38 Section 6.03 Rights of Indenture Trustee 38 39 Section 6.04 Individual Rights of Indenture Trustee 39 40 Section 6.05 Indenture Trustee’s Disclaimer 39 40 Section 6.06 Notice of Defaults 39 40 Section 6.07 Reports by Indenture Trustee to Holders 39 40 Section 6.08 Compensation and Indemnity 40 41 Section 6.09 Replacement of Indenture Trustee 40 41 Section 6.10 Successor Indenture Trustee by Merger 41 42 Section 6.11 Appointment of Co-Indenture Trustee or Separate Indenture Trustee 42 43 Section 6.12 Eligibility; Disqualification 43 44 Section 6.13 [Reserved] 43 44 Section 6.14 Preferential Collection of Claims Against Issuer 43 44 Section 6.15 Waiver of Setoffs 43 44 ii (20202021-A B Indenture) TABLE OF CONTENTS (continued) Page

The Indenture Trustee. Section 6.01 Duties of Indenture Trustee 35 36 Section 6.02 Representations and Warranties of the Indenture Trustee 37 38 Section 6.03 Rights of Indenture Trustee 38 39 Section 6.04 Individual Rights of Indenture Trustee 39 40 Section 6.05 Indenture Trustee’s Disclaimer 39 40 Section 6.06 Notice of Defaults 39 40 Section 6.07 Reports by Indenture Trustee to Holders 39 40 Section 6.08 Compensation and Indemnity 40 41 Section 6.09 Replacement of Indenture Trustee 40 41 Section 6.10 Successor Indenture Trustee by Merger 41 42 Section 6.11 Appointment of Co-Indenture Trustee or Separate Indenture Trustee 42 43 Section 6.12 Eligibility; Disqualification 43 Section 6.13 [Reserved] 43 44 Section 6.14 Preferential Collection of Claims Against Issuer 43 44 Section 6.15 Waiver of Setoffs 43 44 ii (2020-A C Indenture) TABLE OF CONTENTS (continued) Page

The Indenture Trustee. Section 6.01 Duties of Indenture Trustee 35 36 Section 6.02 Representations and Warranties of the Indenture Trustee 37 38 Section 6.03 Rights of Indenture Trustee 38 39 Section 6.04 Individual Rights of Indenture Trustee 39 40 Section 6.05 Indenture Trustee’s Disclaimer 39 40 Section 6.06 Notice of Defaults 39 40 Section 6.07 Reports by Indenture Trustee to Holders 39 41 Section 6.08 Compensation and Indemnity 40 41 Section 6.09 Replacement of Indenture Trustee 40 41 Section 6.10 Successor Indenture Trustee by Merger 41 42 Section 6.11 Appointment of Co-Indenture Trustee or Separate Indenture Trustee 42 43 Section 6.12 Eligibility; Disqualification 43 44 Section 6.13 [Reserved] 43 44 Section 6.14 Preferential Collection of Claims Against Issuer 43 44 Section 6.15 Waiver of Setoffs 43 44 ii (20202021-A Indenture) TABLE OF CONTENTS (continued) Page

The Indenture Trustee. Section SECTION 6.01 Duties of Indenture Trustee 35 Section SECTION 6.02 Representations and Warranties Rights of the Indenture Trustee 37 Section 36 SECTION 6.03 Individual Rights of Indenture Trustee 38 Section SECTION 6.04 Individual Rights of Indenture Trustee 39 Section 6.05 Indenture Trustee’s Disclaimer 39 Section 6.06 38 SECTION 6.05 Notice of Defaults 39 Section 6.07 SECTION 6.06 Reports by Indenture Trustee to Holders 39 Section 6.08 SECTION 6.07 Compensation and Indemnity 40 Section 6.09 39 SECTION 6.08 Replacement of Indenture Trustee 40 Section 6.10 SECTION 6.09 Successor Indenture Trustee by Merger 41 Section 6.11 SECTION 6.10 Appointment of Co-Indenture Trustee or Separate Indenture Trustee 42 Section 6.12 41 SECTION 6.11 Eligibility; Disqualification 43 Section 6.13 [Reserved] 43 Section 6.14 42 SECTION 6.12 Preferential Collection of Claims Against Issuer 43 Section 6.15 Waiver of Setoffs 43 ii (2020-A Indenture) TABLE OF CONTENTS (continued) Page42 ARTICLE VII

The Indenture Trustee. Section 6.01 Duties of Indenture Trustee 35 36 Section 6.02 Representations and Warranties of the Indenture Trustee 37 38 Section 6.03 Rights of Indenture Trustee 38 39 Section 6.04 Individual Rights of Indenture Trustee 39 40 Section 6.05 Indenture Trustee’s Disclaimer 39 40 Section 6.06 Notice of Defaults 39 40 Section 6.07 Reports by Indenture Trustee to Holders 39 40 Section 6.08 Compensation and Indemnity 40 Section 6.09 Replacement of Indenture Trustee 40 41 Section 6.10 Successor Indenture Trustee by Merger 41 42 Section 6.11 Appointment of Co-Indenture Trustee or Separate Indenture Trustee 42 Section 6.12 Eligibility; Disqualification 43 Section 6.13 [Reserved] 43 44 Section 6.14 Preferential Collection of Claims Against Issuer 43 44 Section 6.15 Waiver of Setoffs 43 44 ii (2020-A B Indenture) TABLE OF CONTENTS (continued) Page

The Indenture Trustee. Section SECTION 6.01 Duties of Indenture Trustee 35 Section 36 SECTION 6.02 Representations and Warranties Rights of the Indenture Trustee 37 Section SECTION 6.03 Individual Rights of Indenture Trustee 38 Section SECTION 6.04 Individual Rights of Indenture Trustee 39 Section 6.05 Indenture Trustee’s Disclaimer 39 Section 6.06 38 SECTION 6.05 Notice of Defaults 39 Section 6.07 SECTION 6.06 Reports by Indenture Trustee to Holders 39 Section 6.08 SECTION 6.07 Compensation and Indemnity 40 Section 6.09 SECTION 6.08 Replacement of Indenture Trustee 40 Section 6.10 SECTION 6.09 Successor Indenture Trustee by Merger 41 Section 6.11 SECTION 6.10 Appointment of Co-Indenture Trustee or Separate Indenture Trustee 42 Section 6.12 41 SECTION 6.11 Eligibility; Disqualification 43 Section 6.13 [Reserved] 43 Section 6.14 SECTION 6.12 Preferential Collection of Claims Against Issuer 43 Section 6.15 Waiver of Setoffs 43 ii (2020-A Indenture) TABLE OF CONTENTS (continued) PageSECTION 6.13 Indenture Trustee as Paying Agent, Note Registrar and Securities Intermediary 43

The Indenture Trustee. Section 6.01 Duties of Indenture Trustee 35 37 Section 6.02 Representations and Warranties of the Indenture Trustee 37 39 Section 6.03 Rights of Indenture Trustee 38 40 Section 6.04 Individual Rights of Indenture Trustee 39 41 Section 6.05 Indenture Trustee’s Disclaimer 39 41 Section 6.06 Notice of Defaults 39 41 Section 6.07 Reports by Indenture Trustee to Holders 39 42 Section 6.08 Compensation and Indemnity 40 42 Section 6.09 Replacement of Indenture Trustee 40 43 Section 6.10 Successor Indenture Trustee by Merger 41 43 Section 6.11 Appointment of Co-Indenture Trustee or Separate Indenture Trustee 42 44 Section 6.12 Eligibility; Disqualification 43 45 Section 6.13 [Reserved] 43 45 Section 6.14 Preferential Collection of Claims Against Issuer 43 45 Section 6.15 Waiver of Setoffs 43 45 ii (20202021-A C Indenture) TABLE OF CONTENTS (continued) Page

The Indenture Trustee. Section 6.01 Duties of Indenture Trustee 35 39 Section 6.02 Representations and Warranties of the Indenture Trustee 37 41 Section 6.03 Rights of Indenture Trustee 38 42 Section 6.04 Individual Rights of Indenture Trustee 39 43 Section 6.05 Indenture Trustee’s Disclaimer 39 43 Section 6.06 Notice of Defaults 39 43 Section 6.07 Reports by Indenture Trustee to Holders 39 43 Section 6.08 Compensation and Indemnity 40 44 Section 6.09 Replacement of Indenture Trustee 40 44 Section 6.10 Successor Indenture Trustee by Merger 41 45 Section 6.11 Appointment of Co-Indenture Trustee or Separate Indenture Trustee 42 46 Section 6.12 Eligibility; Disqualification 43 47 Section 6.13 [Reserved] 43 47 Section 6.14 Preferential Collection of Claims Against Issuer 43 47 Section 6.15 Waiver of Setoffs 43 ii (2020-A Indenture) 47 TABLE OF CONTENTS (continued) Page

The Indenture Trustee. Section SECTION 6.01 Duties of Indenture Trustee Trustee. 35 Section SECTION 6.02 Representations and Warranties Rights of the Indenture Trustee 37 Section SECTION 6.03 Individual Rights of Indenture Trustee 38 Section SECTION 6.04 Individual Rights of Indenture Trustee 39 Section 6.05 Indenture Trustee’s Disclaimer 39 Section 6.06 38 (Nissan [ ]-[ ] Indenture) TABLE OF CONTENTS (Continued) Page SECTION 6.05 Notice of Defaults 39 Section 6.07 SECTION 6.06 Reports by Indenture Trustee to Holders 39 Section 6.08 SECTION 6.07 Compensation and Indemnity 40 Section 6.09 39 SECTION 6.08 Replacement of Indenture Trustee 40 Section 6.10 SECTION 6.09 Successor Indenture Trustee by Merger 41 Section 6.11 40 SECTION 6.10 Appointment of Co-Indenture Trustee or Separate Indenture Trustee 42 Section 6.12 41 SECTION 6.11 Eligibility; Disqualification 43 Section 6.13 [Reserved] 43 Section 6.14 42 SECTION 6.12 Preferential Collection of Claims Against Issuer 43 Section 6.15 Waiver 42 SECTION 6.13 Acknowledgement by Indenture Trustee of Setoffs 43 ii (2020-A Indenture) TABLE OF CONTENTS (continued) Pageits Obligations Under the Sale and Servicing Agreement 42

The Indenture Trustee. Section 6.01 Duties of Indenture Trustee 35 42 Section 6.02 Representations and Warranties of the Indenture Trustee 37 44 Section 6.03 Rights of Indenture Trustee 38 45 Section 6.04 Individual Rights of Indenture Trustee 39 46 Section 6.05 Indenture Trustee’s Disclaimer 39 46 Section 6.06 Notice of Defaults 39 46 Section 6.07 Reports by Indenture Trustee to Holders 39 46 Section 6.08 Compensation and Indemnity 40 47 Section 6.09 Replacement of Indenture Trustee 40 47 Section 6.10 Successor Indenture Trustee by Merger 41 48 Section 6.11 Appointment of Co-Indenture Trustee or Separate Indenture Trustee 42 49 Section 6.12 Eligibility; Disqualification 43 50 Section 6.13 [Reserved] 43 50 Section 6.14 Preferential Collection of Claims Against Issuer 43 50 Section 6.15 Waiver of Setoffs 43 50 ii (20202014-A B Indenture) TABLE OF CONTENTS (continued) Page

The Indenture Trustee. Section 6.01 Duties of Indenture Trustee 35 39 Section 6.02 Representations and Warranties of the Indenture Trustee 37 41 Section 6.03 Rights of Indenture Trustee 38 42 Section 6.04 Individual Rights of Indenture Trustee 39 43 Section 6.05 Indenture Trustee’s Disclaimer 39 43 Section 6.06 Notice of Defaults 39 43 Section 6.07 Reports by Indenture Trustee to Holders 39 44 Section 6.08 Compensation and Indemnity 40 44 Section 6.09 Replacement of Indenture Trustee 40 44 Section 6.10 Successor Indenture Trustee by Merger 41 45 Section 6.11 Appointment of Co-Indenture Trustee or Separate Indenture Trustee 42 46 Section 6.12 Eligibility; Disqualification 43 47 Section 6.13 [Reserved] 43 47 Section 6.14 Preferential Collection of Claims Against Issuer 43 47 Section 6.15 Waiver of Setoffs 43 ii 47 -ii- (20202013-A B Indenture) TABLE OF CONTENTS (continued) PagePAGE

The Indenture Trustee. Section 6.01 Duties of Indenture Trustee 35 37 Section 6.02 Representations and Warranties of the Indenture Trustee 37 39 Section 6.03 Rights of Indenture Trustee 38 40 Section 6.04 Individual Rights of Indenture Trustee 39 41 Section 6.05 Indenture Trustee’s Disclaimer 39 41 Section 6.06 Notice of Defaults 39 41 Section 6.07 Reports by Indenture Trustee to Holders 39 41 Section 6.08 Compensation and Indemnity 40 41 Section 6.09 Replacement of Indenture Trustee 40 42 Section 6.10 Successor Indenture Trustee by Merger 41 43 Section 6.11 Appointment of Co-Indenture Trustee or Separate Indenture Trustee 42 43 Section 6.12 Eligibility; Disqualification 43 44 Section 6.13 [Reserved] 43 45 Section 6.14 Preferential Collection of Claims Against Issuer 43 45 Section 6.15 Waiver of Setoffs 43 ii (2020-A Indenture) 45 TABLE OF CONTENTS (continued) Page

The Indenture Trustee. Section 6.01 Duties of Indenture Trustee 35 39 Section 6.02 Representations and Warranties of the Indenture Trustee 37 41 Section 6.03 Rights of Indenture Trustee 38 42 Section 6.04 Individual Rights of Indenture Trustee 39 43 Section 6.05 Indenture Trustee’s Disclaimer 39 43 Section 6.06 Notice of Defaults 39 43 Section 6.07 Reports by Indenture Trustee to Holders 39 43 Section 6.08 Compensation and Indemnity 40 44 Section 6.09 Replacement of Indenture Trustee 40 44 Section 6.10 Successor Indenture Trustee by Merger 41 45 Section 6.11 Appointment of Co-Indenture Trustee or Separate Indenture Trustee 42 46 Section 6.12 Eligibility; Disqualification 43 47 Section 6.13 [Reserved] 43 47 Section 6.14 Preferential Collection of Claims Against Issuer 43 47 Section 6.15 Waiver of Setoffs 43 ii 47 -ii- (20202013-A C Indenture) TABLE OF CONTENTS (continued) PagePAGE

The Indenture Trustee. Section 6.01 6.01. Duties of Indenture Trustee 35 36 Section 6.02 Representations and Warranties 6.02. Rights of the Indenture Trustee 37 Section 6.03 6.03. Individual Rights of Indenture Trustee 38 Section 6.04 Individual Rights of Indenture Trustee 39 Section 6.05 6.04. Indenture Trustee’s Disclaimer 39 38 Section 6.06 6.05. Notice of Defaults 39 and Repurchase Requests 38 Section 6.07 6.06. Reports by Indenture Trustee to Holders 39 38 Section 6.08 6.07. Compensation and Indemnity 40 39 Section 6.09 6.08. Replacement of Indenture Trustee 40 39 Section 6.10 6.09. Successor Indenture Trustee by Merger 41 Mxxxxx 40 Section 6.11 6.10. Appointment of Co-Indenture Trustee or Separate Indenture Trustee 42 41 Section 6.12 6.11. Eligibility; Disqualification 43 42 Section 6.13 [Reserved] 43 Section 6.14 6.12. Preferential Collection of Claims Against Issuer 42 Section 6.13. Issuer as Holder of the 201_-[__] Exchange Note 42 Section 6.14. Representations and Warranties of Indenture Trustee 42 Section 6.15. Furnishing of Monthly Investor Reports and Other Documents 43 Section 6.15 Waiver of Setoffs 43 ii (2020-A Indenture) TABLE OF CONTENTS (continued) Page6.16. Encryption 44 ARTICLE SEVEN

The Indenture Trustee. Section 6.01 Duties of Indenture Trustee 35 43 Section 6.02 Representations and Warranties of the Indenture Trustee 37 45 Section 6.03 Rights of Indenture Trustee 38 46 Section 6.04 Individual Rights of Indenture Trustee 39 47 Section 6.05 Indenture Trustee’s Disclaimer 39 47 Section 6.06 Notice of Defaults 39 47 Section 6.07 Reports by Indenture Trustee to Holders 39 48 Section 6.08 Compensation and Indemnity 40 48 Section 6.09 Replacement of Indenture Trustee 40 48 Section 6.10 Successor Indenture Trustee by Merger 41 49 Section 6.11 Appointment of Co-Indenture Trustee or Separate Indenture Trustee 42 50 Section 6.12 Eligibility; Disqualification 43 51 Section 6.13 [Reserved] 43 51 Section 6.14 Preferential Collection of Claims Against Issuer 43 51 Section 6.15 Waiver of Setoffs 43 51 ii (20202015-A C Indenture) TABLE OF CONTENTS (continued) PagePAGE

The Indenture Trustee. Section 6.01 6.1 Duties of Indenture Trustee. 27 Section 6.2 Rights of Indenture Trustee. 28 Section 6.3 Individual Rights of Indenture Trustee. 29 Section 6.4 Indenture Trustee's Disclaimer. 29 Section 6.5 Notice of Defaults. 29 Section 6.6 Reports by Indenture Trustee. 29 Section 6.7 Compensation and Indemnity. 30 Section 6.8 Replacement of Indenture Trustee. 31 Section 6.9 Successor Indenture Trustee 35 by Merger. 32 Section 6.02 6.10 Appointment of Separate Indenture Trustee or Co-Indenture Trustee. 33 Section 6.11 Eligibility; Disqualification. 33 Section 6.12 Preferential Collection of Claims Against Issuer. 34 Section 6.13 Audits of the Indenture Trustee. 34 Section 6.14 Representations and Warranties of the Indenture Trustee 37 Section 6.03 Rights of Indenture Trustee 38 Section 6.04 Individual Rights of Indenture Trustee 39 Section 6.05 Indenture Trustee’s Disclaimer 39 Section 6.06 Notice of Defaults 39 Section 6.07 Reports by Indenture Trustee to Holders 39 Section 6.08 Compensation and Indemnity 40 Section 6.09 Replacement of Indenture Trustee 40 Section 6.10 Successor Indenture Trustee by Merger 41 Section 6.11 Appointment of Co-Indenture Trustee or Separate Indenture Trustee 42 Section 6.12 Eligibility; Disqualification 43 Section 6.13 [Reserved] 43 Section 6.14 Preferential Collection of Claims Against Issuer 43 35 Section 6.15 Waiver of Setoffs 43 ii (2020-A Indenture) TABLE OF CONTENTS (continued) PageDuty to Update Disclosure 36 ARTICLE VII NOTEHOLDERS' LISTS AND REPORTS

The Indenture Trustee. Section 6.01 Duties of Indenture Trustee 35 39 Section 6.02 Representations and Warranties of the Indenture Trustee 37 40 Section 6.03 Rights of Indenture Trustee 38 42 Section 6.04 Individual Rights of Indenture Trustee 39 43 Section 6.05 Indenture Trustee’s Disclaimer 39 43 Section 6.06 Notice of Defaults 39 43 Section 6.07 Reports by Indenture Trustee to Holders 39 43 Section 6.08 Compensation and Indemnity 40 43 Section 6.09 Replacement of Indenture Trustee 40 44 Section 6.10 Successor Indenture Trustee by Merger 41 45 Section 6.11 Appointment of Co-Indenture Trustee or Separate Indenture Trustee 42 45 Section 6.12 Eligibility; Disqualification 43 46 Section 6.13 [Reserved] 43 47 Section 6.14 Preferential Collection of Claims Against Issuer 43 47 Section 6.15 Waiver of Setoffs 43 ii 47 -ii- (20202012-A C Indenture) TABLE OF CONTENTS (continued) Page

The Indenture Trustee. Section 6.01 Duties of Indenture Trustee 35 42 Section 6.02 Representations and Warranties of the Indenture Trustee 37 44 Section 6.03 Rights of Indenture Trustee 38 45 Section 6.04 Individual Rights of Indenture Trustee 39 46 Section 6.05 Indenture Trustee’s Disclaimer 39 46 Section 6.06 Notice of Defaults 39 46 Section 6.07 Reports by Indenture Trustee to Holders 39 46 Section 6.08 Compensation and Indemnity 40 47 Section 6.09 Replacement of Indenture Trustee 40 47 Section 6.10 Successor Indenture Trustee by Merger 41 48 Section 6.11 Appointment of Co-Indenture Trustee or Separate Indenture Trustee 42 48 Section 6.12 Eligibility; Disqualification 43 50 Section 6.13 [Reserved] 43 50 Section 6.14 Preferential Collection of Claims Against Issuer 43 50 Section 6.15 Waiver of Setoffs 43 50 ii (20202015-A Indenture) TABLE OF CONTENTS (continued) Page

The Indenture Trustee. Section 6.01 Duties of Indenture Trustee 35 43 Section 6.02 Representations and Warranties of the Indenture Trustee 37 45 Section 6.03 Rights of Indenture Trustee 38 46 Section 6.04 Individual Rights of Indenture Trustee 39 47 Section 6.05 Indenture Trustee’s Disclaimer 39 47 Section 6.06 Notice of Defaults 39 47 Section 6.07 Reports by Indenture Trustee to Holders 39 47 Section 6.08 Compensation and Indemnity 40 47 Section 6.09 Replacement of Indenture Trustee 40 48 Section 6.10 Successor Indenture Trustee by Merger 41 49 Section 6.11 Appointment of Co-Indenture Trustee or Separate Indenture Trustee 42 49 Section 6.12 Eligibility; Disqualification 43 50 Section 6.13 [Reserved] 43 51 Section 6.14 Preferential Collection of Claims Against Issuer 43 51 Section 6.15 Waiver of Setoffs 43 51 ii (20202015-A B Indenture) TABLE OF CONTENTS (continued) Page

The Indenture Trustee. Section SECTION 6.01 Duties of Indenture Trustee 35 Section SECTION 6.02 Representations and Warranties Rights of the Indenture Trustee 37 Section 36 SECTION 6.03 Individual Rights of Indenture Trustee 38 Section SECTION 6.04 Individual Rights of Indenture Trustee 39 Section 6.05 Indenture Trustee’s Disclaimer 39 Section 6.06 38 SECTION 6.05 Notice of Defaults 39 Section 6.07 SECTION 6.06 Reports by Indenture Trustee to Holders 39 Section 6.08 SECTION 6.07 Compensation and Indemnity 40 Section 6.09 39 SECTION 6.08 Replacement of Indenture Trustee 40 Section 6.10 SECTION 6.09 Successor Indenture Trustee by Merger 41 Section 6.11 SECTION 6.10 Appointment of Co-Indenture Trustee or Separate Indenture Trustee 42 Section 6.12 41 SECTION 6.11 Eligibility; Disqualification 43 Section 6.13 [Reserved] 43 Section 6.14 42 SECTION 6.12 Preferential Collection of Claims Against Issuer 43 Section 6.15 Waiver of Setoffs 43 ii (2020-A Indenture) TABLE OF CONTENTS (continued) Page42