Common use of Designation and Principal Terms Clause in Contracts

Designation and Principal Terms. (a) There has been created a Series of Notes to be issued in one Class pursuant to the Indenture and this Supplement to be known respectively as “TAL Advantage III LLC Series 2009-1 Floating Rate Secured Notes”. On the Restatement Effective Date, the Series 2009-1 Notes will have a maximum principal balance of Four Hundred Million Dollars ($400,000,000). The Series 2009-1 Notes will not have priority over any Series, except to the extent set forth in the Indenture or in the Supplement for such other Series. The Series 2009-1 Notes are designated as a Series of Warehouse Notes.

Designation and Principal Terms. (a) There has been is hereby created a Series of Notes to be issued in one Class pursuant to the Indenture and this Supplement to be known respectively as “TAL Advantage III LLC Series 20092011-1 Floating Rate Secured Notes”. On the Restatement Effective Date, the The Series 20092011-1 Notes will have a initially be issued in the initial aggregate maximum principal balance of Four Hundred up to Fifty Million Dollars ($400,000,00050,000,000). The Series 20092011-1 Notes will not have priority over any Series, except to the extent set forth in the Indenture or in the Supplement for such other Series. The Series 20092011-1 Notes are designated as a Series of Warehouse Notes.

Designation and Principal Terms. (a) (a) There has been is hereby created a Series of Notes to be issued in one Class pursuant to the Indenture and this Supplement to be known respectively as “TAL Advantage III LLC Series 2009-1 Floating Rate Secured Notes”. On the Restatement Effective Date, the The Series 2009-1 Notes will have a initially be issued in the initial aggregate maximum principal balance of Four Hundred up to Seventy-Five Million Dollars ($400,000,00075,000,000). The Series 2009-1 Notes will not have priority over any Series, except to the extent set forth in the Indenture or in the Supplement for such other Series. The Series 2009-1 Notes are designated as a Series of Warehouse Notes.

Designation and Principal Terms. (a) There has been is hereby created a Series of Notes to be issued in one Class pursuant to the Indenture and this Supplement to be known respectively as “TAL Advantage III II LLC Series 20092008-1 Floating Rate Secured Notes”. On the Restatement Effective Date, the The Series 20092008-1 Notes will have a be issued in the initial aggregate maximum principal balance of Four up to Two Hundred Fifty Million Dollars ($400,000,000250,000,000). The Series 20092008-1 Notes will not have priority over any Series, except to the extent set forth in the Indenture or in the Supplement for such other Series. The Series 20092008-1 Notes are designated as a Series of Warehouse Notes.