Common use of Creation and Designation Clause in Contracts

Creation and Designation. (a) By this Supplement, there is created an Exchange Note to be issued pursuant to the Credit and Security Agreement and this Supplement and to be known as the “2012-B Exchange Note.” (b) The terms of the 2012-B Exchange Note are as follows: (i) the Exchange Note Issuance Date is October 3, 2012; (ii) the Exchange Note Initial Principal Balance for the 2012-B Exchange Note is $859,198,969.07 (iii) the Cutoff Date for the 2012-B Reference Pool is September 1, 2012; (iv) the Exchange Note Interest Rate for the 2012-B Exchange Note is 1.51%; (v) the Final Scheduled Payment Date for 2012-B Exchange Note is March 15, 2017; and (vi) the 2012-B Exchange Note will be issued as a single class.

Creation and Designation. (a) By this Supplement, there There is hereby created an Exchange Note to be issued pursuant to the Credit and Security Agreement and this Supplement and to be known as the “20122011-B Exchange Note.” (b) The terms of the 20122011-B Exchange Note are as follows: (i) the Exchange Note Issuance Date is October 331, 20122011; (ii) the Exchange Note Initial Principal Balance for the 20122011-B Exchange Note is $859,198,969.07781,280,412.37 (iii) the Cutoff Date for the 20122011-B Reference Pool is September October 1, 20122011; (iv) the Exchange Note Interest Rate for the 20122011-B Exchange Note is 1.511.95%; (v) the Final Scheduled Payment Date for 20122011-B Exchange Note is March May 15, 20172016; and (vi) the 20122011-B Exchange Note will be issued as a single class.

Creation and Designation. (a) By this Supplement, there is created an Exchange Note to be issued pursuant to the Credit and Security Agreement and this Supplement and to be known as the “20122014-B A Exchange Note.” (b) The terms of the 20122014-B A Exchange Note are as follows: (i) the Exchange Note Issuance Date is October 3March 26, 20122014; (ii) the Exchange Note Initial Principal Balance for the 20122014-B A Exchange Note is $859,198,969.071,428,701,030.93; (iii) the Cutoff Date for the 20122014-B A Reference Pool is September March 1, 20122014; (iv) the Exchange Note Interest Rate for the 20122014-B A Exchange Note is 1.511.31%; (v) the Final Scheduled Payment Date for 2012the 2014-B A Exchange Note is March October 15, 20172018; and (vi) the 20122014-B A Exchange Note will be issued as a single class.

Creation and Designation. (a) By this Supplement, there is created an Exchange Note to be issued pursuant to the Credit and Security Agreement and this Supplement and to be known as the “2012-B A Exchange Note.” (b) The terms of the 2012-B A Exchange Note are as follows: (i) the Exchange Note Issuance Date is October 3March 5, 2012; (ii) the Exchange Note Initial Principal Balance for the 2012-B A Exchange Note is $859,198,969.071,211,597,938.14 (iii) the Cutoff Date for the 2012-B A Reference Pool is September February 1, 2012; (iv) the Exchange Note Interest Rate for the 2012-B A Exchange Note is 1.511.62%; (v) the Final Scheduled Payment Date for 2012-B A Exchange Note is March October 15, 20172016; and (vi) the 2012-B A Exchange Note will be issued as a single class.

Creation and Designation. (a) By this Supplement, there is created an Exchange Note to be issued pursuant to the Credit and Security Agreement and this Supplement and to be known as the “20122013-B Exchange Note.” (b) The terms of the 20122013-B Exchange Note are as follows: (i) the Exchange Note Issuance Date is October 330, 20122013; (ii) the Exchange Note Initial Principal Balance for the 20122013-B Exchange Note is $859,198,969.071,039,113,402.06; (iii) the Cutoff Date for the 20122013-B Reference Pool is September October 1, 20122013; (iv) the Exchange Note Interest Rate for the 20122013-B Exchange Note is 1.511.52%; (v) the Final Scheduled Payment Date for 2012the 2013-B Exchange Note is March August 15, 2017; and (vi) the 20122013-B Exchange Note will be issued as a single class.

Creation and Designation. (a) By this Supplement, there is created an Exchange Note to be issued pursuant to the Credit and Security Agreement and this Supplement and to be known as the “20122013-B A Exchange Note.” (b) The terms of the 20122013-B A Exchange Note are as follows: (i) the Exchange Note Issuance Date is October 3March 20, 20122013; (ii) the Exchange Note Initial Principal Balance for the 20122013-B A Exchange Note is $859,198,969.071,064,026,804.12 (iii) the Cutoff Date for the 20122013-B A Reference Pool is September March 1, 20122013; (iv) the Exchange Note Interest Rate for the 20122013-B A Exchange Note is 1.511.80%; (v) the Final Scheduled Payment Date for 2012the 2013-B A Exchange Note is March October 15, 2017; and (vi) the 20122013-B A Exchange Note will be issued as a single class.

Creation and Designation. (a) By this Supplement, there is created an Exchange Note to be issued pursuant to under the Credit and Security Agreement and this Supplement and to be known as the “20122015-B Exchange Note.” (b) The terms of the 20122015-B Exchange Note are as follows: (i) the Exchange Note Issuance Date is October 327, 20122015; (ii) the Exchange Note Initial Principal Balance for the 20122015-B Exchange Note is $859,198,969.071,030,927,835.05; (iii) the Cutoff Date for the 20122015-B Reference Pool is September October 1, 20122015; (iv) the Exchange Note Interest Rate for the 20122015-B Exchange Note is 1.512.45%; (v) the Final Scheduled Payment Date for 2012the 2015-B Exchange Note is March April 15, 20172020; and (vi) the 20122015-B Exchange Note will be issued as a single class.

Creation and Designation. (a) By this Supplement, there is created an Exchange Note to be issued pursuant to under the Credit and Security Agreement and this Supplement and to be known as the “20122014-B Exchange Note.” (b) The terms of the 20122014-B Exchange Note are as follows: (i) the Exchange Note Issuance Date is October 3July 29, 20122014; (ii) the Exchange Note Initial Principal Balance for the 20122014-B Exchange Note is $859,198,969.071,546,391,752.58; (iii) the Cutoff Date for the 20122014-B Reference Pool is September July 1, 20122014; (iv) the Exchange Note Interest Rate for the 20122014-B Exchange Note is 1.511.60%; (v) the Final Scheduled Payment Date for 2012the 2014-B Exchange Note is March February 15, 20172019; and (vi) the 20122014-B Exchange Note will be issued as a single class.

Creation and Designation. (a) By this Supplement, there There is hereby created an Exchange Note to be issued pursuant to the Credit and Security Agreement and this Supplement and to be known as the “20122011-B A Exchange Note.” (b) The terms of the 20122011-B A Exchange Note are as follows: (i) the Exchange Note Issuance Date is October 3July 5, 20122011; (ii) the Exchange Note Initial Principal Balance for the 20122011-B A Exchange Note is $859,198,969.071,088,903,936.04; (iii) the Cutoff Date for the 20122011-B A Reference Pool is September June 1, 20122011; (iv) the Exchange Note Interest Rate for the 20122011-B A Exchange Note is 1.511.93%; (v) the Final Scheduled Payment Date for 20122011-B A Exchange Note is March January 15, 20172016; and (vi) the 20122011-B A Exchange Note will be issued as a single class.

Creation and Designation. (a) By this Supplement, there is created an Exchange Note to be issued pursuant to under the Credit and Security Agreement and this Supplement and to be known as the “20122015-B A Exchange Note.” (b) The terms of the 20122015-B A Exchange Note are as follows: (i) the Exchange Note Issuance Date is October 3April 28, 20122015; (ii) the Exchange Note Initial Principal Balance for the 20122015-B A Exchange Note is $859,198,969.071,030,927,835.05; (iii) the Cutoff Date for the 20122015-B A Reference Pool is September April 1, 20122015; (iv) the Exchange Note Interest Rate for the 20122015-B A Exchange Note is 1.511.79%; (v) the Final Scheduled Payment Date for 2012the 2015-B A Exchange Note is March November 15, 20172019; and (vi) the 20122015-B A Exchange Note will be issued as a single class.