Common use of Accumulation Period Clause in Contracts

Accumulation Period. The Accumulation Period is scheduled to commence on the Accumulation Date; provided, however, that if the Accumulation Period Length on any Determination Date (determined as described below) is less than nine months, upon notice to the Trustee, the Transferor, each Rating Agency and the Collateral Interest Holder, the Servicer, at its option, may elect to modify the date on which the Accumulation Period actually commences to the first day of the month that is a number of months prior to the month in which the Class A Expected Final Distribution Date occurs at least equal to the Accumulation Period Length (so that, as a result, the number of Monthly Periods in the Accumulation Period will at least equal the Accumulation Period Length); provided, however, that (i) the length of the Accumulation Period will not be less than one month; and (ii) notwithstanding any other provision of this Supplement to the contrary, no election to postpone the commencement of the Accumulation Period shall be made after a Pay Out Event (as defined in the related Supplement) shall have occurred and is continuing with respect to any other Series. On each Determination Date, the Servicer will determine the "Accumulation Period Length," which will mean a number of months such that the amount available for distribution of principal on the Class A Certificates on the Class A Expected Final Distribution Date and for distribution of principal on the Class B Certificates on the Class B Expected Final Distribution Date will equal or exceed the sum of the Class A Investor Amount and the Class B Investor Amount, assuming for this purpose that (1) the payment rate with respect to Collections of Principal Receivables remains constant at the lowest level of such payment rate during the twelve preceding Monthly Periods (or such lower payment rate as the Servicer may select), (2) the total amount of Principal Receivables in the Trust (and the principal amount on deposit in the Excess Funding Account, if any) remains constant at the level on such date of determination, (3) no Pay Out Event with respect to any Series will subsequently occur and (4) no additional Series (other than any Series being issued on such date of determination) will be subsequently issued. Any notice by the Servicer electing to modify the commencement of the Accumulation Period pursuant to this Section 4.13 shall specify (i) the Accumulation Period Length, (ii) the commencement date of the Accumulation Period and (iii) the Controlled Accumulation Amount with respect to each Monthly Period during the Accumulation Period.

Accumulation Period. The Accumulation Period is scheduled to commence on the Accumulation Date; provided, however, that if the Accumulation Period Length on any Determination Date (determined as described below) is less than nine months, upon notice to the Trustee, the TransferorSeller, each Rating Agency and the Collateral Interest Holder, the Servicer, at its option, may elect to modify the date on which the Accumulation Period actually commences to the first day of the month that is a number of months prior to the month in which the Class A Expected Final Distribution Date occurs at least equal to the Accumulation Period Length (so that, as a result, the number of Monthly Periods in the Accumulation Period will at least equal the Accumulation Period Length); provided, however, that (i) the length of the Accumulation Period will not be less than one month; and (ii) notwithstanding any other provision of this Supplement to the contrary, no election to postpone the commencement of the Accumulation Period shall be made after a Pay Out Event (as defined in the related Supplement) shall have occurred and is continuing with respect to any other Series. On each Determination Date, the Servicer will determine the "Accumulation Period Length," which will mean a number of months such that the amount available for distribution of principal on the Class A Certificates on the Class A Expected Final Distribution Date and for distribution of principal on the Class B Certificates on the Class B Expected Final Distribution Date will equal or exceed the sum of the Class A Investor Amount and the Class B Investor Amount, assuming for this purpose that (1) the payment rate with respect to Collections of Principal Receivables remains constant at the lowest level of such payment rate during the twelve preceding Monthly Periods (or such lower payment rate as the Servicer may select), (2) the total amount of Principal Receivables in the Trust (and the principal amount on deposit in the Excess Funding Account, if any) remains constant at the level on such date of determination, (3) no Pay Out Event with respect to any Series will subsequently occur and (4) no additional Series (other than any Series being issued on such date of determination) will be subsequently issued. Any notice by the Servicer electing to modify the commencement of the Accumulation Period pursuant to this Section 4.13 shall specify (i) the Accumulation Period Length, (ii) the commencement date of the Accumulation Period and (iii) the Controlled Accumulation Amount with respect to each Monthly Period during the Accumulation Period.

Accumulation Period. The Accumulation Period is scheduled to commence at the beginning of business on the Accumulation Date[_______], 200[_]; provided, however, provided that if the Accumulation Period Length on any Determination Date (determined as described below) on any Determination Date on or after the [______________] Determination Date is less than nine [__] months, upon notice to the Trustee, the Transferor, each Rating Agency and the Collateral Interest Holder, the Servicer, at its option, may elect to modify the date on which the Accumulation Period actually commences will be changed to the first day Business Day of the month that is a the number of whole months prior to the month in which the [Class A A/B] Expected Final Distribution Principal Payment Date occurs at least equal to the Accumulation Period Length (so that, as a resultresult of such election, the number of Monthly Periods in the Accumulation Period will at least equal the Accumulation Period Length); provided, however, provided that (i) the length of the Accumulation Period will not be less than one month; [___________] month[s], (ii) such determination of the Accumulation Period Length shall be made on each Determination Date on and after the [________, 20__] Determination Date but prior to the commencement of the Accumulation Period, and any postponement of the Accumulation Period shall be subject to the subsequent lengthening of the Accumulation Period to the Accumulation Period Length determined on any subsequent Determination Date, but the Accumulation Period shall in no event commence prior to the Controlled Accumulation Date, and (iiiii) notwithstanding any other provision of this Indenture Supplement to the contrary, no election to postpone postponement of the commencement of the Accumulation Period shall be made after a Pay Out Event (as defined in the related Supplement) shall have occurred and is be continuing with respect to any other Series. On each Determination Date, the Servicer will determine the The "Accumulation Period Length," which will mean a number of whole months such that the amount available for distribution of principal on the [Class A Certificates on the Class A Expected Final Distribution Date Notes and for distribution of principal on the Class B Certificates Notes] [the Series 200_-_ Notes] on the [Class B A/B] Expected Final Distribution Principal Payment Date will is expected to equal or exceed the sum of the Class A Investor Amount Note Principal Balance [and the] Class B Note Principal Balance [and the Class B Investor AmountC Note Principal Balance], assuming for this purpose that (1) the payment rate with respect to Principal Collections of Principal Receivables remains constant at the lowest level of such payment rate during the twelve [___] preceding Monthly Periods (or such lower payment rate as the Servicer may select), (2) the total amount of Principal Receivables in the Trust (and the principal amount on deposit in the Excess Funding Account, if any) remains constant at the level on such date of determination, (3) no Pay Out Event with respect to any Series will subsequently occur and (4) no additional Series (other than any Series being issued on such date of determination) will be subsequently issued. Servicer shall calculate the Accumulation Period Length on each Determination Date on and after the [_______] Determination Date as necessary to determine whether the Accumulation Period is postponed and to set the Reserve Account Funding Date. If the calculation results in a postponement, Servicer shall provide written notice to Indenture Trustee, Transferor, Issuer and each Rating Agency. Any notice by Servicer confirming the Servicer electing to modify the commencement postponement of the Accumulation Period pursuant to this Section 4.13 4.14 shall specify (i) the Accumulation Period Length, (ii) the commencement date of the Accumulation Period and (iii) the Controlled Accumulation Amount with respect to each Monthly Period during the Accumulation Period. The method for determining the Accumulation Period Length may be changed if the Rating Agency Condition is met.

Accumulation Period. The Accumulation Period is scheduled to commence on the Accumulation Date; provided, however, that if the Accumulation Period Length on any Determination Date (determined as described below) on any Determination Date on or after the ____________ Determination Date is less than nine 12 months, ,upon written notice to the Trustee, the Transferor, Transferor and each Rating Agency and the Collateral Interest HolderAgency, the Servicer, at its option, may elect to modify the date on which the Accumulation Period actually commences to the first day of the month that is a number of months prior to the month in which the Class A Expected Final Distribution Payment Date occurs at least equal to the Accumulation Period Length (so that, as a resultresult of such election, the number of Monthly Periods in the Accumulation Period will at least equal the Accumulation Period Length); provided, however, that (i) the length of the Accumulation Period will not be less than one month; (ii) such determination of the Accumulation Period Length shall be made on each Determination Date on and after the __________ Determination Date but prior to the commencement of the Accumulation Period, and any election to shorten the Accumulation Period shall be subject to the subsequent lengthening of the Accumulation Period to the Accumulation Period Length determined on any subsequent Determination Date, but the Accumulation Period shall in no event commence prior to the Accumulation Date, and (iiiii) notwithstanding any other provision of this the Series 2000-__ Supplement to the contrary, no election to postpone the commencement of the Accumulation Period shall be made after a Pay Out an Early Amortization Event (as defined in the related Supplement) shall have occurred and is be continuing with respect to any other Series. On each Determination Date, the Servicer will determine the The "Accumulation Period Length," which will mean a number of months such that the amount available for distribution of principal on the Class A Certificates on the Class A Expected Final Distribution Payment Date and for distribution of principal on the Class B Certificates on the Class B Expected Final Distribution Date will is expected to equal or exceed the sum of the Class A Investor Amount and the Class B Investor Invested Amount, assuming for this purpose that (1) the payment rate with respect to Collections of Principal Receivables remains constant at the lowest level of such payment rate during the twelve preceding Monthly Periods (or such lower payment rate as the Servicer may select), (2) the total amount of Principal Receivables in the Trust (and the principal amount on deposit in the Excess Special Funding Account, if any) remains constant at the level on such date of determination, (3) no Pay Out Early Amortization Event with respect to any Series will subsequently occur and (4) no additional Series (other than any Series being issued on such date of determination) will be subsequently issued. Any notice by the Servicer electing to modify the commencement of the Accumulation Period pursuant to this Section 4.13 4.12 shall specify (i) the Accumulation Period Length, (ii) the commencement date of the Accumulation Period and (iii) the Controlled Accumulation Amount with respect to each Monthly Period during the Accumulation Period.

Accumulation Period. The Accumulation Period is scheduled to commence on the Accumulation Date; provided, however, that if the Accumulation Accumu lation Period Length on any Determination Date (determined as described below) on any Determination Date on or after the October 2004 Determination Date is less than nine 12 months, upon written notice to the Trustee, the Transferor, Transferor and each Rating Agency and the Collateral Interest HolderAgency, the Servicer, at its option, may elect to modify the date on which the Accumulation Period actually commences com mences to the first day of the month that is a number of months prior to the month in which the Class A Expected Final Distribution Payment Date occurs at least equal to the Accumulation Accumula tion Period Length (so that, as a resultresult of such elec tion, the number of Monthly Periods in the Accumulation Period will at least equal the Accumulation Period Length); provided, however, that (i) the length of the Accumulation Period will not be less than one month; (ii) such determination of the Accumulation Period Length shall be made on each Determination Date on and after the October 2004 Determination Date but prior to the com mencement of the Accumulation Period, and any election to shorten the Accumulation Period shall be subject to the subsequent lengthening of the Accumulation Period to the Accumulation Period Length determined on any subsequent Determination Date, but the Accumulation Period shall in no event commence prior to the Accumulation Date, and (iiiii) notwithstanding any other provision of this the Series 2000-1 Supplement to the contrary, no election to postpone post pone the commencement of the Accumulation Period shall be made after a Pay Out Event (as defined in the related Supplement) shall have occurred and is be continuing with respect to any other Series. On each Determination Date, the Servicer will determine the The "Accumulation Period Length," which will mean a number of months such that the amount available for distribution of principal on the Class A Certificates on the Class A Expected Final Distribution Pay ment Date and for distribution of principal on the Class B Certificates on the Class B Expected Final Distribution Date will is expected to equal or exceed the sum of the Class A Investor Amount and the Class B Investor Invested Amount, assuming for this purpose that (1) the payment rate with respect to Collections of Principal Receivables remains constant at the lowest level of such payment rate during the twelve preceding Monthly Periods (or such lower payment rate as the Servicer may select), (2) the total amount of Principal Receivables in the Trust (and the principal amount on deposit in the Excess Funding Account, if any) remains constant at the level on such date of determination, (3) no Pay Out Event with respect to any Series will subsequently occur and (4) no additional Series (other than any Series being issued on such date of determination) will be subsequently issued. Any notice by the Servicer electing to modify the commencement com mencement of the Accumulation Period pursuant to this Section 4.13 4.16 shall specify (i) the Accumulation Period Length, (ii) the commencement date of the Accumulation Period and (iii) the Controlled Accumulation Amount with respect to each Monthly Period during the Accumulation Period.

Accumulation Period. The Accumulation Period is scheduled to commence at the beginning of business on the Accumulation DateMay 1, 2026; provided, however, provided that if the Accumulation Period Length on any Determination Date (determined as described below) on any Determination Date on or after the February 2026 Determination Date is less than nine twelve months, upon notice to the Trustee, the Transferor, each Rating Agency and the Collateral Interest Holder, the Servicer, at its option, may elect to modify the date on which the Accumulation Period actually commences will be changed to the first day Business Day of the month that is a the number of whole months prior to the month in which the Class A Expected Final Distribution Principal Payment Date occurs at least equal to the Accumulation Period Length (so that, as a resultresult of such election, the number of Monthly Periods in the Accumulation Period will at least equal the Accumulation Period Length); provided, however, provided that (i) the length of the Accumulation Period will not be less than one month; , (ii) such determination of the Accumulation Period Length shall be made on each Determination Date on and after the February 2026 Determination Date but prior to the commencement of the Accumulation Period, and any postponement of the Accumulation Period shall be subject to the subsequent lengthening of the Accumulation Period to the Accumulation Period Length determined on any subsequent Determination Date, but the Accumulation Period shall in no event commence prior to the Controlled Accumulation Date, and (iiiii) notwithstanding any other provision of this Indenture Supplement to the contrary, no election to postpone postponement of the commencement of the Accumulation Period shall be made after a Pay Out Event (as defined in the related Supplement) shall have occurred and is be continuing with respect to any other Series. On each Determination Date, the Servicer will determine the "The “Accumulation Period Length," which ” will mean a number of whole months such that the amount available for distribution of principal on the Class A Certificates Series 2024-1 Notes on the Class A Expected Final Distribution Principal Payment Date and for distribution of principal on the Class B Certificates on the Class B Expected Final Distribution Date will is expected to equal or exceed the sum of the Class A Investor Amount Note Principal Balance, the Class B Note Principal Balance and the Class B Investor AmountC Note Principal Balance, assuming for this purpose that (1) the payment rate with respect to Principal Collections of Principal Receivables remains constant at the lowest level of such payment rate during the twelve preceding Monthly Periods (or such lower payment rate as the Servicer may select), (2) the total amount of Principal Receivables in the Trust (and the principal amount on deposit in the Excess Funding Account, if any) remains constant at the level on such date of determination, (3) no Pay Out Event with respect to any Series will subsequently occur and (4) no additional Series (other than any Series being issued on such date of determination) will be subsequently issued. Any notice by the Servicer electing to modify the commencement of shall calculate the Accumulation Period pursuant Length on each Determination Date on and after the February 2026 Determination Date as necessary to this Section 4.13 shall specify (i) determine whether the Accumulation Period Length, (ii) is postponed and to set the commencement date of the Accumulation Period and (iii) the Controlled Accumulation Amount with respect to each Monthly Period during the Accumulation Period.Reserve

Accumulation Period. The Accumulation Period is scheduled to commence at the beginning of business on the Accumulation DateMarch 1, 2005; provided, however, provided that if the Accumulation Period Length on any Determination Date (determined as described below) on any Determination Date on or after the December 2004 Determination Date is less than nine 12 months, upon notice to the Trustee, the Transferor, each Rating Agency and the Collateral Interest Holder, the Servicer, at its option, may elect to modify the date on which the Accumulation Period actually commences will be changed to the first day Business Day of the month that is a the number of whole months prior to the month in which the Class A Expected Final Distribution Principal Payment Date occurs at least equal to the Accumulation Period Length (so that, as a resultresult of such election, the number of Monthly Periods in the Accumulation Period will at least equal the Accumulation Period Length); provided, however, provided that (i) the length of the Accumulation Period will not be less than one month; , (ii) such determination of the Accumulation Period Length shall be made on each Determination Date on and after the December 2004 Determination Date but prior to the commencement of the Accumulation Period, and any postponement of the Accumulation Period shall be subject to the subsequent lengthening of the Accumulation Period to the Accumulation Period Length determined on any subsequent Determination Date, but the Accumulation Period shall in no event commence prior to the Controlled Accumulation Date, and (iiiii) notwithstanding any other provision of this Indenture Supplement to the contrary, no election to postpone postponement of the commencement of the Accumulation Period shall be made after a Pay Out Event (as defined in the related Supplement) shall have occurred and is be continuing with respect to any other Series. On each Determination Date, the Servicer will determine the The "Accumulation Period Length," which will mean a number of whole months such that the amount available for distribution of principal on the Class A Certificates Series 2003-1 Notes on the Class A Expected Final Distribution Principal Payment Date and for distribution of principal on the Class B Certificates on the Class B Expected Final Distribution Date will is expected to equal or exceed the sum of the Class A Investor Amount Note Principal Balance, the Class B Note Principal Balance and the Class B Investor Amount, assuming for this purpose that (1) the payment rate with respect to Collections of Principal Receivables remains constant at the lowest level of such payment rate during the twelve preceding Monthly Periods (or such lower payment rate as the Servicer may select), (2) the total amount of Principal Receivables in the Trust (and the principal amount on deposit in the Excess Funding Account, if any) remains constant at the level on such date of determination, (3) no Pay Out Event with respect to any Series will subsequently occur and (4) no additional Series (other than any Series being issued on such date of determination) will be subsequently issued. Any notice by the Servicer electing to modify the commencement of the Accumulation Period pursuant to this Section 4.13 shall specify (i) the Accumulation Period Length, (ii) the commencement date of the Accumulation Period and (iii) the Controlled Accumulation Amount with respect to each Monthly Period during the Accumulation Period.C

Accumulation Period. The Accumulation Period is scheduled to commence on the Accumulation Date; providedPROVIDED, howeverHOWEVER, that if the Accumulation Period Length on any Determination Date (determined as described below) on any Determination Date on or after the June 2002 Determination Date is less than nine 12 months, ,upon written notice to the Trustee, the Transferor, Transferor and each Rating Agency and the Collateral Interest HolderAgency, the Servicer, at its option, may elect to modify the date on which the Accumulation Period actually commences to the first day of the month that is a number of months prior to the month in which the Class A Expected Final Distribution Payment Date occurs at least equal to the Accumulation Period Length (so that, as a resultresult of such election, the number of Monthly Periods in the Accumulation Period will at least equal the Accumulation Period Length); providedPROVIDED, howeverHOWEVER, that (i) the length of the Accumulation Period will not be less than one month; (ii) such determination of the Accumulation Period Length shall be made on each Determination Date on and after the March 2002 Determination Date but prior to the commencement of the Accumulation Period, and any election to shorten the Accumulation Period shall be subject to the subsequent lengthening of the Accumulation Period to the Accumulation Period Length determined on any subsequent Determination Date, but the Accumulation Period shall in no event commence prior to the Accumulation Date, and (iiiii) notwithstanding any other provision of this the Series 1998-1 Supplement to the contrary, no election to postpone the commencement of the Accumulation Period shall be made after a Pay Out an Early Amortization Event (as defined in the related Supplement) shall have occurred and is be continuing with respect to any other Series. On each Determination Date, the Servicer will determine the The "Accumulation Period Length," which will mean a number of months such that the amount available for distribution of principal on the Class A Certificates on the Class A Expected Final Distribution Payment Date and for distribution of principal on the Class B Certificates on the Class B Expected Final Distribution Date will is expected to equal or exceed the sum of the Class A Investor Amount and the Class B Investor Invested Amount, assuming for this purpose that (1) the payment rate with respect to Collections of Principal Receivables remains constant at the lowest level of such payment rate during the twelve preceding Monthly Periods (or such lower payment rate as the Servicer may select), (2) the total amount of Principal Receivables in the Trust (and the principal amount on deposit in the Excess Special Funding Account, if any) remains constant at the level on such date of determination, (3) no Pay Out Early Amortization Event with respect to any Series will subsequently occur and (4) no additional Series (other than any Series being issued on such date of determination) will be subsequently issued. Any notice by the Servicer electing to modify the commencement of the Accumulation Period pursuant to this Section 4.13 4.12 shall specify (i) the Accumulation Period Length, (ii) the commencement date of the Accumulation Period and (iii) the Controlled Accumulation Amount with respect to each Monthly Period during the Accumulation Period.

Accumulation Period. The Accumulation Period is scheduled to commence begin on the Accumulation DateFebruary 1, 2023; provided, however, that if the Accumulation Period Length on any Determination Date (determined as described below) is determined to be less than nine six months, upon notice to the Trustee, the Transferor, each Rating Agency and the Collateral Interest Holder, the Servicer, at its option, may elect to modify the date on which the Accumulation Period actually commences begins may be delayed to the first close of business on the last day of the month preceding the month that is a the number of whole months prior to the month in which the Class A Series 20__-_ Expected Final Distribution Date occurs which is at least equal to the Accumulation Period Length (so that, as a result, that the number of Monthly full Collection Periods in the Accumulation Period will at least equal the Accumulation Period Length); . On or prior to January 1, 2023 and, thereafter, on or prior to the first Business Day of each Collection Period prior to the Collection Period in which the Accumulation Period is scheduled to begin, the Issuer, acting directly or through the Administrator, may at its option, elect to delay the start of the Accumulation Period and thereby reduce the number of full Collection Periods in the Accumulation Period (the “Accumulation Period Length”), provided, however, that (i) the length Accumulation Period shall start no later than July 1, 2023; (ii) the Issuer shall have given notice of such new Accumulation Period Length to each Rating Agency at least ten days prior to the first day of the Accumulation Period will not be less than one monthin place prior to the prospective change to such new Accumulation Period Length; and (iiiii) notwithstanding any other provision prior to delaying the start of this Supplement the Accumulation Period, an Authorized Officer of the Issuer shall have delivered to the contrary, no election Indenture Trustee an Officer’s Certificate to postpone the commencement effect that delaying the start of the Accumulation Period shall be made after a Pay Out Event (as defined in the related Supplement) shall have occurred and is continuing with respect not expected to delay any other Series. On each Determination Date, the Servicer will determine the "Accumulation Period Length," which will mean a number of months such that the amount available for distribution payment of principal on to the Class A Certificates on the Class A Expected Final Distribution Date and for distribution of principal on the Class B Certificates on the Class B Expected Final Distribution Date will equal or exceed the sum of the Class A Investor Amount and the Class B Investor Amount, assuming for this purpose that (1) the payment rate with respect to Collections of Principal Receivables remains constant at the lowest level of such payment rate during the twelve preceding Monthly Periods (or such lower payment rate as the Servicer may select), (2) the total amount of Principal Receivables in the Trust (and the principal amount on deposit in the Excess Funding Account, if any) remains constant at the level on such date of determination, (3) no Pay Out Event with respect to any Series will subsequently occur and (4) no additional Series (other than any Series being issued on such date of determination) will be subsequently issued20__-_ Noteholders. Any notice by the Servicer electing to modify the commencement of Once the Accumulation Period pursuant to this Section 4.13 shall specify (i) has commenced, the Accumulation Period Length, (ii) the commencement date of the Accumulation Period and (iii) the Controlled Accumulation Amount with respect to each Monthly Period during the Accumulation PeriodLength cannot be changed.

Accumulation Period. The Accumulation Period is scheduled to commence on the Accumulation Date; provided, however, that if the Accumulation Period Length on any Determination Date (determined as described below) on any Determination Date is less than nine 12 months, upon written notice to the Trustee, the Transferor, Transferor and each Rating Agency and the Collateral Interest HolderAgency, the Servicer, at its option, may elect to modify the date on which the Accumulation Period actually commences to the first day of the month that is a number of months prior to the month in which the Class A Expected Final Distribution Payment Date occurs at least equal to the Accumulation Period Length (so that, as a resultresult of such election, the number of Monthly Periods in the Accumulation Period will at least equal the Accumulation Period Length); provided, however, that (i) the length of the Accumulation Period Length will not be less than one month; (ii) such determination of the Accumulation Period Length shall be made on the third Business Day before each Distribution Date beginning on _____________ but prior to the commencement of the Accumulation Period, and any election to shorten the Accumulation Period shall be subject to the subsequent lengthening of the Accumulation Period to the Accumulation Period Length determined on any subsequent Determination Date, but the Accumulation Period shall in no event commence prior to the Accumulation Date; and (iiiii) notwithstanding any other provision of this Supplement to the contrary, no election to postpone the commencement of the Accumulation Period shall be made after a Pay Out Event the commencement of an Early Amortization Period (as defined in the related Supplement) shall have occurred and is continuing with respect to for any other Series. On each Determination Date, the Servicer will determine the The "Accumulation Period Length," which will mean a number of months such that the amount available for distribution of principal on the Class A Certificates on the Class A Expected Final Distribution Payment Date and for distribution of principal on the Class B Certificates on the Class B Expected Final Distribution Date will is expected to equal or exceed the sum of the Class A Investor Amount and the Class B Investor Invested Amount, assuming for this purpose that (1) the payment rate with respect to Collections of Principal Receivables remains constant at the lowest level of such payment rate during the twelve 12 preceding Monthly Periods (or such lower payment rate as the Servicer may select), (2) the total amount of Principal Receivables in the Trust (and the principal amount on deposit in the Excess Special Funding Account, if any) remains constant at the level on such date of determination, (3) no Pay Out Early Amortization Event with respect to any Series will subsequently occur and (4) no additional Series (other than any Series being issued on such date of determination) will be subsequently issued. The Servicer shall determine the Accumulation Period Length on the basis of the monthly Collections of Principal Receivables expected to be allocated to all Principal Sharing Series during the Accumulation Period for Series 2003-__, and the amount of Collections of Principal Receivables expected to be distributable to Holders of other Principal Sharing Series that are expected to be in their Accumulation Period or Amortization Period during the Accumulation Period for Series 2003-__. Any notice by the Servicer electing to modify the commencement of the Accumulation Period pursuant to this Section 4.13 4.12 shall specify (i) the most recently determined Accumulation Period Length, (ii) the commencement date of the Accumulation Period and (iii) the Class A Controlled Accumulation Amount with respect to each Monthly Period during the Accumulation Period. In addition, prior to the Servicer making its initial determination of the Accumulation Period Length, the Transferor shall determine whether or not it shall utilize Shared Transferor Principal Collections to fund the Principal Funding Account. If, at its option, the Transferor elects to utilize Shared Transferor Principal Collections to fund the Principal Funding Account, such determination shall be irrevocable and the Servicer shall include Shared Transferor Principal Collections expected to be available for Series 2003-__ in its determination of the Accumulation Period Length.

Accumulation Period. The Accumulation Period is scheduled to commence on the Accumulation Date; provided, however, that if the Accumulation Period Length on any Determination Date (determined as described below) is less than nine months, upon notice to the Trustee, the TransferorSeller, each Rating Agency and the Collateral Interest Holder, the Servicer, at its option, may elect to modify the date on which the Accumulation Period actually commences to the first day of the month that is a number of months prior to the month in which the Class A Expected Final Distribution Date occurs at least equal to the Accumulation Period Length (so that, as a result, the number of Monthly Periods in the Accumulation Period will at least equal the Accumulation Period Length); provided, however, that (i) the length of the Accumulation Period will not be less than one month; and (ii) notwithstanding any other provision of this Supplement to the contrary, no election to postpone the commencement of the Accumulation Period shall be made after a Pay Out Event (as defined in the related Supplement) shall have occurred and is continuing with respect to any other Series. On each Determination Date, the Servicer will determine the "Accumulation Period Length," which will mean a number of months such that the amount available for distribution of principal on the Class A Certificates on the Class A Expected Final Distribution Date and for distribution of principal on the Class B Certificates on the Class B Expected Final Distribution Date will equal or exceed the sum of the Class A Investor Amount and the Class B Investor Amount, assuming for this purpose that (1) the payment rate with respect to Collections of Principal Receivables remains constant at the lowest level of such payment rate during the twelve preceding Monthly Periods (or such lower payment rate as the Servicer may select), (2) the total amount of Principal Receivables in the Trust (and the principal amount on deposit in the Excess Funding Account, if any) remains constant at the level on such date of determination, (3) no Pay Out Event with respect to any Series will subsequently occur and (4) no additional Series (other than any Series being issued on such date of determination) will be subsequently issued. Any notice by the Servicer electing to modify the commencement of the Accumulation Period pursuant to this Section 4.13 shall specify (i) the Accumulation Period Length, (ii) the commencement date of the Accumulation Period and (iii) the Controlled Accumulation Amount with respect to each Monthly Period during the Accumulation Period.the

Accumulation Period. The Accumulation Period is scheduled to commence on the Accumulation Date; provided, however, that if the Accumulation Period Length on any Determination Date (determined as described below) is less than nine months, upon notice to the Trustee, the Transferor, Seller and each Rating Agency and the Collateral Interest HolderAgency, the Servicer, at its option, may elect to modify the date on which the Accumulation Period actually commences to the first day of the month that is a number of months prior to the month in which the Class A Expected Final Distribution Date occurs at least equal to the Accumulation Period Length (so that, as a result, the number of Monthly Periods in the Accumulation Period will at least equal the Accumulation Period Length); provided, however, that (i) the length of the Accumulation Period will not be less than one month; and (ii) notwithstanding any other provision of this Supplement to the contrary, no election to postpone the commencement of the Accumulation Period shall be made after a Pay Out Event (as defined in the related Supplement) shall have occurred and is continuing with respect to any other Series. On each Determination Date, the Servicer will determine the "Accumulation Period Length," which will mean a number of months such that the amount available for distribution of principal on the Class A Certificates on the Class A Expected Final Distribution Date and for distribution of principal on the Class B Certificates on the Class B Expected Final Distribution Date will equal or exceed the sum of the Class A Investor Amount and the Class B Investor Amount, assuming for this purpose that (1) the payment rate with respect to Collections of Principal Receivables remains constant at the lowest level of such payment rate during the twelve preceding Monthly Periods (or such lower payment rate as the Servicer may select), (2) the total amount of Principal Receivables in the Trust (and the principal amount on deposit in the Excess Funding Account, if any) remains constant at the level on such date of determination, (3) no Pay Out Event with respect to any Series will subsequently occur and (4) no additional Series (other than any Series being issued on such date of determination) will be subsequently issued. Any notice by the Servicer electing to modify the commencement of the Accumulation Period pursuant to this Section 4.13 shall specify (i) the Accumulation Period Length, (ii) the commencement date of the Accumulation Period and (iii) the Controlled Accumulation Amount with respect to each Monthly Period during the Accumulation Period.lowest

Accumulation Period. The Accumulation Period is scheduled to commence at the beginning of business on the Accumulation DateApril 1, 2025; provided, however, provided that if the Accumulation Period Length on any Determination Date (determined as described below) on any Determination Date on or after the January 2025 Determination Date is less than nine twelve months, upon notice to the Trustee, the Transferor, each Rating Agency and the Collateral Interest Holder, the Servicer, at its option, may elect to modify the date on which the Accumulation Period actually commences will be changed to the first day Business Day of the month that is a the number of whole months prior to the month in which the Class A Expected Final Distribution Principal Payment Date occurs at least equal to the Accumulation Period Length (so that, as a resultresult of such election, the number of Monthly Periods in the Accumulation Period will at least equal the Accumulation Period Length); provided, however, provided that (i) the length of the Accumulation Period will not be less than one month; , (ii) such determination of the Accumulation Period Length shall be made on each Determination Date on and after the January 2025 Determination Date but prior to the commencement of the Accumulation Period, and any postponement of the Accumulation Period shall be subject to the subsequent lengthening of the Accumulation Period to the Accumulation Period Length determined on any subsequent Determination Date, but the Accumulation Period shall in no event commence prior to the Controlled Accumulation Date, and (iiiii) notwithstanding any other provision of this Indenture Supplement to the contrary, no election to postpone postponement of the commencement of the Accumulation Period shall be made after a Pay Out Event (as defined in the related Supplement) shall have occurred and is be continuing with respect to any other Series. On each Determination Date, the Servicer will determine the "The “Accumulation Period Length," which ” will mean a number of whole months such that the amount available for distribution of principal on the Class A Certificates Series 2023-1 Notes on the Class A Expected Final Distribution Principal Payment Date and for distribution of principal on the Class B Certificates on the Class B Expected Final Distribution Date will is expected to equal or exceed the sum of the Class A Investor Amount Note Principal Balance, the Class B Note Principal Balance and the Class B Investor AmountC Note Principal Balance, assuming for this purpose that (1) the payment rate with respect to Principal Collections of Principal Receivables remains constant at the lowest level of such payment rate during the twelve preceding Monthly Periods (or such lower payment rate as the Servicer may select), (2) the total amount of Principal Receivables in the Trust (and the principal amount on deposit in the Excess Funding Account, if any) remains constant at the level on such date of determination, (3) no Pay Out Event with respect to any Series will subsequently occur and (4) no additional Series (other than any Series being issued on such date of determination) will be subsequently issued. Servicer shall calculate the Accumulation Period Length on each Determination Date on and after the January 2025 Determination Date as necessary to determine whether the Accumulation Period is postponed and to set the Reserve Account Funding Date. If the calculation results in a postponement, Servicer shall provide notice in writing to Indenture Trustee, Transferor, Issuer and each Rating Agency. Any notice by Servicer confirming the Servicer electing to modify the commencement postponement of the Accumulation Period pursuant to this Section 4.13 shall specify (i) the Accumulation Period Length, (ii) the commencement date of the Accumulation Period and (iii) the Controlled Accumulation Amount with respect to each Monthly Period during the Accumulation Period. The method for determining the Accumulation Period Length may be changed if the Rating Agency Condition is met.

Accumulation Period. The Accumulation Period is scheduled to commence on the Accumulation Date; provided, however, that if the Accumulation Period Length on any Determination Date (determined as described below) on any Determination Date on or after the ______________ Determination Date is less than nine eight months, upon written notice to the Trustee, the Transferor, Transferor and each Rating Agency and the Collateral Interest HolderAgency, the Servicer, at its option, may elect to modify the date on which the Accumulation Period actually commences to the first day of the month that is a number of months prior to the month in which the Class A Expected Final Distribution Payment Date occurs at least equal to the Accumulation Period Length (so that, as a resultresult of such election, the number of Monthly Periods in the Accumulation Period will at least equal the Accumulation Period Length); provided, however, that (i) the length of the Accumulation Period will not be less than one month; (ii) such determination of the Accumulation Period Length shall be made on each Determination Date on and after the ______________ Determination Date but prior to the Commencement of the Accumulation Period, and any election to shorten the Accumulation Period shall be subject to the subsequent lengthening of the Accumulation Period to the Accumulation Period Length determined on any subsequent Determination Date, but the Accumulation Period shall in no event commence prior to the Accumulation Date, and (iiiii) notwithstanding any other provision of this the Series 2000-__ Supplement to the contrary, no election to postpone the commencement of the Accumulation Period shall be made after a Pay Out Event (as defined in the related Supplement) shall have occurred and is be continuing with respect to any other Series. On each Determination Date, the Servicer will determine the The "Accumulation Period Length," which will mean a number of months such that the amount available for distribution of principal on the Class A Certificates on the Class A Expected Final Distribution Payment Date and for distribution of principal on the Class B Certificates on the Class B Expected Final Distribution Date will is expected to equal or exceed the sum of the Class A Investor Amount and the Class B Investor Invested Amount, assuming for this purpose that (1) the payment rate with respect to Collections of Principal Receivables remains constant at the lowest level of such payment rate during the twelve preceding Monthly Periods (or such lower payment rate as the Servicer may select), (2) the total amount of Principal Receivables in the Trust (and the principal amount on deposit in the Excess Funding Account, if any) remains constant at the level on such date of determination, (3) no Pay Out Event with respect to any Series will subsequently occur and (4) no additional Series (other than any Series being issued on such date of determination) will be subsequently issued. Any notice by the Servicer electing to modify the commencement of the Accumulation Period pursuant to this Section 4.13 4.16 shall specify (i) the Accumulation Period Length, (ii) the commencement date of the Accumulation Period and (iii) the Controlled Accumulation Amount with respect to each Monthly Period during the Accumulation Period.

Accumulation Period. The Accumulation Period is scheduled to commence on the Accumulation Date; provided, however, that if the Accumulation Period Length on any Determination Date (determined as described below) on any Determination Date is less than nine 12 months, upon written notice to the Trustee, the Transferor, Transferor and each Rating Agency and the Collateral Interest HolderAgency, the Servicer, at its option, may elect to modify the date on which the Accumulation Period actually commences to the first day of the month that is a number of months prior to the month in which the Class A Expected Final Distribution Payment Date occurs at least equal to the Accumulation Period Length (so that, as a resultresult of such election, the number of Monthly Periods in the Accumulation Period will at least equal the Accumulation Period Length); provided, however, that (i) the length of the Accumulation Period Length will not be less than one month; (ii) such determination of the Accumulation Period Length shall be made on the third Business Day before each Distribution Date beginning in July 2009 but prior to the commencement of the Accumulation Period, and any election to shorten the Accumulation Period shall be subject to the subsequent lengthening of the Accumulation Period to the Accumulation Period Length determined on any subsequent Determination Date, but the Accumulation Period shall in no event commence prior to the Accumulation Date; and (iiiii) notwithstanding any other provision of this Series Supplement to the contrary, no election to postpone the commencement of the Accumulation Period shall be made after a Pay Out Event (as defined in the related Supplement) shall have occurred and is continuing with respect to any other Series. On each Determination Date, the Servicer will determine the "Accumulation Period Length," which will mean a number of months such that the amount available for distribution of principal on the Class A Certificates on the Class A Expected Final Distribution Date and for distribution of principal on the Class B Certificates on the Class B Expected Final Distribution Date will equal or exceed the sum of the Class A Investor Amount and the Class B Investor Amount, assuming for this purpose that (1) the payment rate with respect to Collections of Principal Receivables remains constant at the lowest level of such payment rate during the twelve preceding Monthly Periods (or such lower payment rate as the Servicer may select), (2) the total amount of Principal Receivables in the Trust (and the principal amount on deposit in the Excess Funding Account, if any) remains constant at the level on such date of determination, (3) no Pay Out Event with respect to any Series will subsequently occur and (4) no additional Series (other than any Series being issued on such date of determination) will be subsequently issued. Any notice by the Servicer electing to modify the commencement of the Accumulation Period pursuant to this Section 4.13 shall specify (i) the Accumulation Period Length, (ii) the commencement date of the Accumulation Period and (iii) the Controlled Accumulation Amount with respect to each Monthly Period during the Accumulation Period.to

Accumulation Period. The Accumulation Period is scheduled to commence on the Accumulation Date; providedPROVIDED, howeverHOWEVER, that if the Accumulation Period Length on any Determination Date (determined as described below) on any Determination Date on or after the September 2001 Determination Date is less than nine 12 months, ,upon written notice to the Trustee, the Transferor, Transferor and each Rating Agency and the Collateral Interest HolderAgency, the Servicer, at its option, may elect to modify the date on which the Accumulation Period actually commences to the first day of the month that is a number of months prior to the month in which the Class A Expected Final Distribution Payment Date occurs at least equal to the Accumulation Period Length (so that, as a resultresult of such election, the number of Monthly Periods in the Accumulation Period will at least equal the Accumulation Period Length); providedPROVIDED, howeverHOWEVER, that (i) the length of the Accumulation Period will not be less than one month; (ii) such determination of the Accumulation Period Length shall be made on each Determination Date on and after the June 2001 Determination Date but prior to the commencement of the Accumulation Period, and any election to shorten the Accumulation Period shall be subject to the subsequent lengthening of the Accumulation Period to the Accumulation Period Length determined on any subsequent Determination Date, but the Accumulation Period shall in no event commence prior to the Accumulation Date, and (iiiii) notwithstanding any other provision of this the Series 1997-1 Supplement to the contrary, no election to postpone the commencement of the Accumulation Period shall be made after a Pay Out an Early Amortization Event (as defined in the related Supplement) shall have occurred and is be continuing with respect to any other Series. On each Determination Date, the Servicer will determine the The "Accumulation Period Length," which will mean a number of months such that the amount available for distribution of principal on the Class A Certificates on the Class A Expected Final Distribution Payment Date and for distribution of principal on the Class B Certificates on the Class B Expected Final Distribution Date will is expected to equal or exceed the sum of the Class A Investor Amount and the Class B Investor Invested Amount, assuming for this purpose that (1) the payment rate with respect to Collections of Principal Receivables remains constant at the lowest level of such payment rate during the twelve preceding Monthly Periods (or such lower payment rate as the Servicer may select), (2) the total amount of Principal Receivables in the Trust (and the principal amount on deposit in the Excess Special Funding Account, if any) remains constant at the level on such date of determination, (3) no Pay Out Early Amortization Event with respect to any Series will subsequently occur and (4) no additional Series (other than any Series being issued on such date of determination) will be subsequently issued. Any notice by the Servicer electing to modify the commencement of the Accumulation Period pursuant to this Section 4.13 4.12 shall specify (i) the Accumulation Period Length, (ii) the commencement date of the Accumulation Period and (iii) the Controlled Accumulation Amount with respect to each Monthly Period during the Accumulation Period.

Accumulation Period. The Accumulation Period is scheduled to commence at the beginning of business on the Accumulation Date[_______], 200[_]; provided, however, provided that if the Accumulation Period Length on any Determination Date (determined as described below) on any Determination Date on or after the [______________] Determination Date is less than nine [__] months, upon notice to the Trustee, the Transferor, each Rating Agency and the Collateral Interest Holder, the Servicer, at its option, may elect to modify the date on which the Accumulation Period actually commences will be changed to the first day Business Day of the month that is a the number of whole months prior to the month in which the [Class A A/B] Expected Final Distribution Principal Payment Date occurs at least equal to the Accumulation Period Length (so that, as a resultresult of such election, the number of Monthly Periods in the Accumulation Period will at least equal the Accumulation Period Length); provided, however, provided that (i) the length of the Accumulation Period will not be less than one month; [___________] month[s], (ii) such determination of the Accumulation Period Length shall be made on each Determination Date on and after the [________, 20__] Determination Date but prior to the commencement of the Accumulation Period, and any postponement of the Accumulation Period shall be subject to the subsequent lengthening of the Accumulation Period to the Accumulation Period Length determined on any subsequent Determination Date, but the Accumulation Period shall in no event commence prior to the Controlled Accumulation Date, and (iiiii) notwithstanding any other provision of this Indenture Supplement to the contrary, no election to postpone postponement of the commencement of the Accumulation Period shall be made after a Pay Out Event (as defined in the related Supplement) shall have occurred and is be continuing with respect to any other Series. On each Determination Date, the Servicer will determine the The "Accumulation Period Length," which will mean a number of whole months such that the amount available for distribution of principal on the Class A Certificates on the Class A Expected Final Distribution Date and for distribution of principal on Notes [and] the Class B Certificates Notes [and the Class C Notes] on the [Class B A/B] Expected Final Distribution Principal Payment Date will is expected to equal or exceed the sum of the Class A Investor Amount Note Principal Balance [and the] Class B Note Principal Balance [and the Class B Investor AmountC Note Principal Balance], assuming for this purpose that (1) the payment rate with respect to Principal Collections of Principal Receivables remains constant at the lowest level of such payment rate during the twelve [___] preceding Monthly Periods (or such lower payment rate as the Servicer may select), (2) the total amount of Principal Receivables in the Trust (and the principal amount on deposit in the Excess Funding Account, if any) remains constant at the level on such date of determination, (3) no Pay Out Event with respect to any Series will subsequently occur and (4) no additional Series (other than any Series being issued on such date of determination) will be subsequently issued. Servicer shall calculate the Accumulation Period Length on each Determination Date on and after the [_______] Determination Date as necessary to determine whether the Accumulation Period is postponed and to set the Reserve Account Funding Date. If the calculation results in a postponement, Servicer shall provide notice to Indenture Trustee, Transferor, Issuer and each Rating Agency. Any notice by Servicer confirming the Servicer electing to modify the commencement postponement of the Accumulation Period pursuant to this Section 4.13 4.14 shall specify (i) the Accumulation Period Length, (ii) the commencement date of the Accumulation Period and (iii) the Controlled Accumulation Amount with respect to each Monthly Period during the Accumulation Period. The method for determining the Accumulation Period Length may be changed if the Rating Agency Condition is met.