Common use of Designation Clause in Contracts

Designation. There is hereby created a Series of Notes to be issued pursuant to the Base Indenture and this Supplement, and such Series of Notes shall be designated generally as the “Series 2019-1 Rental Car Asset Backed Notes”. The Series 2019-1 Notes shall be issued in up to five Classes, the first of which shall be known as the “Class A Notes”, the second of which shall be known as the “Class B Notes”, the third of which shall be known as the “Class C Notes”, the fourth of which shall be known as the “Class R Notes” and the fifth of which, if issued, shall be known as the “Class D Notes”. On the Series 2019-1 Closing Date, ABRCF shall issue (i) one tranche of Class A Notes, which shall be designated as the “Series 2019-1 3.45% Rental Car Asset Backed Notes, Class A”, (ii) one tranche of Class B Notes, which shall be designated as the “Series 2019-1 3.70% Rental Car Asset Backed Notes, Class B”, (iii) one tranche of Class C Notes, which shall be designated as the “Series 2019-1 4.53% Rental Car Asset Backed Notes, Class C” and (iv) one tranche of Class R Notes, which shall be designated the “Series 2019-1 6.192% Rental Car Asset Backed Notes, Class R”. Subsequent to the Series 2019-1 Closing Date, ABRCF may on any date during the Series 2019-1 Revolving Period offer and sell additional Series 2019-1 Notes subject to the conditions set forth in Section 5.15. Such additional Series 2019-1 Notes, if issued, shall be designated as the “Series 2019-1 Rental Car Asset Backed Notes, Class D” and shall be referred to herein as the “Class D Notes”. The Class A Notes, Class B Notes, Class C Notes, Class D Notes, if issued, and Class R Notes collectively, constitute the Series 2019-1 Notes. The Class B Notes shall be subordinated in right of payment to the Class A Notes, to the extent set forth herein. The Class C Notes shall be subordinated in right of payment to the Class A Notes and Class B Notes, to the extent set forth herein. The Class D Notes, if issued, shall be subordinated in right of payment to the Class A Notes, Class B Notes and Class C Notes, to the extent set forth herein. The Class R Notes shall be subordinated to the Class A Notes, the Class B Notes, the Class C Notes and (if issued) the Class D Notes. The proceeds from the sale of the Class A Notes, Class B Notes, Class C Notes and Class R Notes shall be deposited in the Collection Account and shall be deemed to be Principal Collections. The Series 2019-1 Notes are a non‑Segregated Series of Notes (as more fully described in the Base Indenture). Accordingly, all references in this Supplement to “all” Series of Notes (and all references in this Supplement to terms defined in the Base Indenture that contain references to “all” Series of Notes) shall refer to all Series of Notes other than Segregated Series of Notes.

Designation. There is hereby was created a Series of Notes to be issued pursuant to the Base Indenture and this the Prior Supplement, and such Series of Notes shall be was designated generally as the “Series 2019-1 3 Rental Car Asset Backed Notes”. The Series 2019-1 3 Notes shall were permitted to be issued in up to five Classes, the first of which shall be is known as the “Class A Notes”, the second of which shall be is known as the “Class B Notes”, the third of which shall be is known as the “Class C Notes”, the fourth of which shall be is known as the “Class R Notes” and the fifth of which, if issued, which shall be known as the “Class D Notes”. On the Series 2019-1 Class A/B/C Notes Closing Date, ABRCF shall issue issued (i) one tranche of Class A Notes, which shall be Notes designated as the “Series 2019-1 3.453 2.36% Rental Car Asset Backed Notes, Class A”, (ii) one tranche of Class B Notes, which shall be Notes designated as the “Series 2019-1 3.703 2.65% Rental Car Asset Backed Notes, Class B”, (iii) one tranche of Class C Notes, which shall be Notes designated as the “Series 2019-1 4.533 3.15% Rental Car Asset Backed Notes, Class C” and (iv) one tranche of Class R Notes, which shall be Notes designated the “Series 2019-1 6.1923 4.874% Rental Car Asset Backed Notes, Class R”. Subsequent to On the Series 2019-1 Class D Notes Closing Date, ABRCF may on any date during the Series 2019-1 Revolving Period offer and sell additional Series 2019-1 shall issue (i) one tranche of Class D Notes subject to the conditions set forth in Section 5.15. Such additional Series 2019-1 Notes, if issued, shall be designated as the “Series 2019-1 3 5.43% Rental Car Asset Backed Notes, Class D” and shall be referred to herein as (ii) the “Additional Class D R Notes”. The Class A Notes, Class B Notes, Class C Notes, Class D Notes, if issued, Notes and Class R Notes collectively, constitute the Series 2019-1 3 Notes. The Class B Notes shall be subordinated in right of payment to the Class A Notes, to the extent set forth herein. The Class C Notes shall be subordinated in right of payment to the Class A Notes and Class B Notes, to the extent set forth herein. The Class D Notes, if issued, Notes shall be subordinated in right of payment to the Class A Notes, Class B Notes and Class C Notes, to the extent set forth herein. The Class R Notes shall be subordinated to the Class A Notes, the Class B Notes, the Class C Notes and (if issued) the Class D Notes. The proceeds from the sale of the Class A Notes, Class B Notes, Class C Notes and Class R Notes were deposited in the Collection Account and were deemed to be Principal Collections, and the proceeds from the sale of the Class D Notes and the Additional Class R Notes shall be deposited in the Collection Account and shall be deemed to be Principal Collections. The Series 2019-1 3 Notes are a non‑Segregated non-Segregated Series of Notes (as more fully described in the Base Indenture). Accordingly, all references in this Supplement to “all” Series of Notes (and all references in this Supplement to terms defined in the Base Indenture that contain references to “all” Series of Notes) shall refer to all Series of Notes other than Segregated Series of Notes.

Designation. There is hereby created a Series of Notes to be issued pursuant to the Base Indenture and this Supplement, and such Series of Notes shall be designated generally as the “Series 20192014-1 2 Rental Car Asset Backed Notes”. The Series 20192014-1 2 Notes shall be issued in up to five three Classes, the first of which shall be known as the “Class A Notes”, the second of which shall be known as the “Class B Notes”, the third of which shall be known as the “Class C Notes”, the fourth of which shall be known as the “Class R Notes” and the fifth third of which, if issued, shall be known as the “Class D C Notes”. On the Series 20192014-1 2 Closing Date, ABRCF shall issue (i) one tranche of Class A Notes, which shall be designated as the “Series 20192014-1 3.452 2.50% Rental Car Asset Backed Notes, Class A”, ” and (ii) one tranche of Class B Notes, which shall be designated as the “Series 20192014-1 3.702 3.29% Rental Car Asset Backed Notes, Class B”, (iii) one tranche of Class C Notes, which shall be designated as the “Series 2019-1 4.53% Rental Car Asset Backed Notes, Class C” and (iv) one tranche of Class R Notes, which shall be designated the “Series 2019-1 6.192% Rental Car Asset Backed Notes, Class R”. Subsequent to the Series 20192014-1 2 Closing Date, ABRCF may on any date during the Series 20192014-1 2 Revolving Period offer and sell additional Series 20192014-1 2 Notes subject to the conditions set forth in Section 5.15. Such additional Series 20192014-1 2 Notes, if issued, shall be designated as the “Series 20192014-1 2 Fixed Rate Rental Car Asset Backed Notes, Class D” C”, and shall be referred to herein as the “Class D C Notes”. The Class A Notes, Class B Notes, Notes and Class C Notes, Class D Notes, if issued, and Class R Notes collectivelytogether, constitute the Series 20192014-1 2 Notes. The Class B Notes shall be subordinated in right of payment to the Class A Notes, to the extent set forth herein. The Class C Notes Notes, if issued, shall be subordinated in right of payment to the Class A Notes and Class B Notes, to the extent set forth herein. The Class D Notes, if issued, shall be subordinated in right of payment to the Class A Notes, Class B Notes and Class C Notes, to the extent set forth herein. The Class R Notes shall be subordinated to the Class A Notes, the Class B Notes, the Class C Notes and (if issued) the Class D Notes. The proceeds from the sale of the Class A Notes, Class B Notes, Class C Notes and Class R B Notes shall be deposited in the Collection Account and shall be deemed to be Principal Collections. The Series 20192014-1 2 Notes are a non‑Segregated Series of Notes (as more fully described in the Base Indenture). Accordingly, all references in this Supplement to “all” Series of Notes (and all references in this Supplement to terms defined in the Base Indenture that contain references to “all” Series of Notes) shall refer to all Series of Notes other than Segregated Series of Notes.

Designation. There is hereby was created a Series of Notes to be issued pursuant to the Base Indenture and this the Prior Supplement, and such Series of Notes shall be was designated generally as the “Series 20192011-1 5 Rental Car Asset Backed Notes”. The Series 20192011-1 5 Notes shall were permitted to be issued in up to five three Classes, the first of which shall be known as the “Class A Notes”, the second of which shall be known as the “Class B Notes”, ” and the third of which shall be known as the “Class C Notes”, the fourth of which shall be known as the “Class R Notes” and the fifth of which, if issued, shall be known as the “Class D Notes”. On the Series 20192011-1 5 Closing Date, ABRCF shall issue issued (i) one tranche of Class A Notes, which shall be was designated as the “Series 20192011-1 3.455 3.27% Rental Car Asset Backed Notes, Class A”, A and (ii) one tranche of Class B Notes, which shall be was designated as the “Series 20192011-1 3.705 4.72% Rental Car Asset Backed Notes, Class B”B. On the Class C Notes Closing Date, (iii) ABRCF shall issue one tranche of Class C Notes, which shall be designated as the “Series 20192011-1 4.535 3.78% Rental Car Asset Backed Notes, Class C” and (iv) one tranche of Class R Notes, which shall be designated the “Series 2019-1 6.192% Rental Car Asset Backed Notes, Class R”. Subsequent to the Series 2019-1 Closing Date, ABRCF may on any date during the Series 2019-1 Revolving Period offer and sell additional Series 2019-1 Notes subject to the conditions set forth in Section 5.15. Such additional Series 2019-1 Notes, if issued, shall be designated as the “Series 2019-1 Rental Car Asset Backed Notes, Class D” and shall be referred to herein as the “Class D Notes”. C. The Class A Notes, Class B Notes, Notes and Class C Notes, Class D Notes, if issued, and Class R Notes collectivelytogether, constitute the Series 20192011-1 5 Notes. The Class B Notes shall be subordinated in right of payment to the Class A Notes, to the extent set forth herein. The Class C Notes shall be subordinated in right of payment to the Class A Notes and Class B Notes, to the extent set forth herein. The Class D Notes, if issued, shall be subordinated in right of payment to the Class A Notes, Class B Notes and Class C Notes, to the extent set forth herein. The Class R Notes shall be subordinated to the Class A Notes, the Class B Notes, the Class C Notes and (if issued) the Class D Notes. The proceeds from the sale of the Class A Notes, Class B Notes, Class C Notes and Class R B Notes were deposited in the Collection Account and were deemed to be Principal Collections, and the proceeds of the Class C Notes shall be deposited in the Collection Account and shall be deemed to be Principal Collections. The Series 20192011-1 5 Notes are a non‑Segregated Series of Notes (as more fully described in the Base Indenture). Accordingly, all references in this Supplement to “all” Series of Notes (and all references in this Supplement to terms defined in the Base Indenture that contain references to “all” Series of Notes) shall refer to all Series of Notes other than Segregated Series of Notes.

Designation. There is hereby created a Series of Notes to be issued pursuant to the Base Indenture and this Supplement, and such Series of Notes shall be designated generally as the “Series 20192023-1 7 Rental Car Asset Backed Notes”. The Series 20192023-1 7 Notes shall be issued in up to five Classes, the first of which shall be known as the “Class A Notes”, the second of which shall be known as the “Class B Notes”, the third of which shall be known as the “Class C Notes”, the fourth of which shall be known as the “Class R Notes” and the fifth of which, if issued, shall be known as the “Class D Notes”. On the Series 20192023-1 7 Closing Date, ABRCF shall issue (i) one tranche of Class A Notes, which shall be designated as the “Series 20192023-1 3.457 5.90% Rental Car Asset Backed Notes, Class A”, (ii) one tranche of Class B Notes, which shall be designated as the “Series 20192023-1 3.707 6.44% Rental Car Asset Backed Notes, Class B”, (iii) one tranche of Class C Notes, which shall be designated as the “Series 20192023-1 4.537 7.41% Rental Car Asset Backed Notes, Class C” and (iv) one tranche of Class R Notes, which shall be designated the “Series 20192023-1 6.1927 9.321% Rental Car Asset Backed Notes, Class R”. Subsequent to the Series 20192023-1 7 Closing Date, ABRCF may on any date during the Series 20192023-1 7 Revolving Period offer and sell additional Series 20192023-1 7 Notes subject to the conditions set forth in Section 5.15. Such additional Series 20192023-1 7 Notes, if issued, shall be designated as the “Series 20192023-1 7 Rental Car Asset Backed Notes, Class D” and shall be referred to herein as the “Class D Notes”. The Class A Notes, Class B Notes, Class C Notes, Class D Notes, if issued, and Class R Notes collectively, constitute the Series 20192023-1 7 Notes. The Class B Notes shall be subordinated in right of payment to the Class A Notes, to the extent set forth herein. The Class C Notes shall be subordinated in right of payment to the Class A Notes and Class B Notes, to the extent set forth herein. The Class D Notes, if issued, shall be subordinated in right of payment to the Class A Notes, Class B Notes and Class C Notes, to the extent set forth herein. The Class R Notes shall be subordinated to the Class A Notes, the Class B Notes, the Class C Notes and (if issued) the Class D Notes. The proceeds from the sale of the Class A Notes, Class B Notes, Class C Notes and Class R Notes shall be deposited in the Collection Account and shall be deemed to be Principal Collections. The Series 20192023-1 7 Notes are a non‑Segregated non-Segregated Series of Notes (as more fully described in the Base Indenture). Accordingly, all references in this Supplement to “all” Series of Notes (and all references in this Supplement to terms defined in the Base Indenture that contain references to “all” Series of Notes) shall refer to all Series of Notes other than Segregated Series of Notes.

Designation. There is hereby created a Series of Notes to be issued pursuant to the Base Indenture and this Supplement, and such Series of Notes shall be designated generally as the “Series 20192011-1 Rental Car Asset Backed Notes”. The Series 20192011-1 Notes shall be issued in up to five three Classes, the first of which shall be known as the “Class A Notes”, the second of which shall be known as the “Class B Notes”, the third of which shall be known as the “Class C Notes”, the fourth of which shall be known as the “Class R Notes” and the fifth third of which, if issued, shall be known as the “Class D C Notes”. On the Series 20192011-1 Closing Date, ABRCF shall issue (i) one tranche of Class A Notes, which shall be designated as the “Series 20192011-1 3.451.85% Rental Car Asset Backed Notes, Class A”, A and (ii) one tranche of Class B Notes, which shall be designated as the “Series 20192011-1 3.702.98% Rental Car Asset Backed Notes, Class B”, (iii) one tranche of Class C Notes, which shall be designated as the “Series 2019-1 4.53% Rental Car Asset Backed Notes, Class C” and (iv) one tranche of Class R Notes, which shall be designated the “Series 2019-1 6.192% Rental Car Asset Backed Notes, Class R”. B. Subsequent to the Series 20192011-1 Closing Date, ABRCF may on any date during the Series 20192011-1 Revolving Period offer and sell additional Series 20192011-1 Notes subject to the conditions set forth in Section 5.15. Such additional Series 20192011-1 Notes, if issued, shall be designated as the “Series 20192011-1 Fixed Rate Rental Car Asset Backed Notes, Class D” C, and shall be referred to herein as the “Class D C Notes”. The Class A Notes, Class B Notes, Notes and Class C Notes, Class D Notes, if issued, and Class R Notes collectivelytogether, constitute the Series 20192011-1 Notes. The Class B Notes shall be subordinated in right of payment to the Class A Notes, to the extent set forth herein. The Class C Notes Notes, if issued, shall be subordinated in right of payment to the Class A Notes and Class B Notes, to the extent set forth herein. The Class D Notes, if issued, shall be subordinated in right of payment to the Class A Notes, Class B Notes and Class C Notes, to the extent set forth herein. The Class R Notes shall be subordinated to the Class A Notes, the Class B Notes, the Class C Notes and (if issued) the Class D Notes. The proceeds from the sale of the Class A Notes, Class B Notes, Class C Notes and Class R B Notes shall be deposited in the Collection Account and shall be deemed to be Principal Collections. The Series 20192011-1 Notes are a non‑Segregated non-Segregated Series of Notes (as more fully described in the Base Indenture). Accordingly, all references in this Supplement to “all” Series of Notes (and all references in this Supplement to terms defined in the Base Indenture that contain references to “all” Series of Notes) shall refer to all Series of Notes other than Segregated Series of Notes.

Designation. There is hereby created a Series of Notes to be issued pursuant to the Base Indenture and this Supplement, and such Series of Notes shall be designated generally as the “Series 20192023-1 Rental Car Asset Backed Notes”. The Series 20192023-1 Notes shall be issued in up to five Classes, the first of which shall be known as the “Class A Notes”, the second of which shall be known as the “Class B Notes”, the third of which shall be known as the “Class C Notes”, the fourth of which shall be known as the “Class R Notes” and the fifth of which, if issued, shall be known as the “Class D Notes”. On the Series 20192023-1 Closing Date, ABRCF shall issue (i) one tranche of Class A Notes, which shall be designated as the “Series 20192023-1 3.455.25% Rental Car Asset Backed Notes, Class A”, (ii) one tranche of Class B Notes, which shall be designated as the “Series 20192023-1 3.706.08% Rental Car Asset Backed Notes, Class B”, (iii) one tranche of Class C Notes, which shall be designated as the “Series 20192023-1 4.538.70% Rental Car Asset Backed Notes, Class C” and (iv) one tranche of Class R Notes, which shall be designated the “Series 20192023-1 6.19210.623% Rental Car Asset Backed Notes, Class R”. Subsequent to the Series 20192023-1 Closing Date, ABRCF may on any date during the Series 20192023-1 Revolving Period offer and sell additional Series 20192023-1 Notes subject to the conditions set forth in Section 5.15. Such additional Series 20192023-1 Notes, if issued, shall be designated as the “Series 20192023-1 Rental Car Asset Backed Notes, Class D” and shall be referred to herein as the “Class D Notes”. The Class A Notes, Class B Notes, Class C Notes, Class D Notes, if issued, and Class R Notes collectively, constitute the Series 20192023-1 Notes. The Class B Notes shall be subordinated in right of payment to the Class A Notes, to the extent set forth herein. The Class C Notes shall be subordinated in right of payment to the Class A Notes and Class B Notes, to the extent set forth herein. The Class D Notes, if issued, shall be subordinated in right of payment to the Class A Notes, Class B Notes and Class C Notes, to the extent set forth herein. The Class R Notes shall be subordinated to the Class A Notes, the Class B Notes, the Class C Notes and (if issued) the Class D Notes. The proceeds from the sale of the Class A Notes, Class B Notes, Class C Notes and Class R Notes shall be deposited in the Collection Account and shall be deemed to be Principal Collections. The Series 20192023-1 Notes are a non‑Segregated non-Segregated Series of Notes (as more fully described in the Base Indenture). Accordingly, all references in this Supplement to “all” Series of Notes (and all references in this Supplement to terms defined in the Base Indenture that contain references to “all” Series of Notes) shall refer to all Series of Notes other than Segregated Series of Notes.

Designation. There is hereby created a Group IV Series of Notes to be issued pursuant to the Base Indenture and this Supplement, Series Supplement and such Group IV Series of Notes shall be designated generally as the “Series 2019-1 "Rental Car Asset Backed Notes”, Series 2002-2". The Series 20192002-1 2 Notes shall be issued in up to five Classes, the first of which shall be known as the “Class A Notes”, the second of which shall be known as the “Class B Notes”, the third of which shall be known as the “Class C Notes”, the fourth of which shall be known as the “Class R Notes” and the fifth of which, if issued, shall be known as the “Class D Notes”. On the Series 2019-1 Closing Date, ABRCF shall issue four classes: (i) one tranche of Class A Notes, which shall be designated as the “Series 20192002-1 3.45% 2 Rental Car Asset Backed Notes, Class A”, (ii) one tranche of Class B Notes, which shall be designated generally as the “"Class A Notes", (ii) Series 20192002-1 3.70% 2 Rental Car Asset Backed Notes, Class B”, (iii) one tranche of Class C Notes, which shall be designated generally as the “"Class B Notes", (iii) Series 20192002-1 4.53% 2 Rental Car Asset Backed Notes, Class C” and (iv) one tranche of Class R Notes, which shall be designated generally as the “"Class C Notes" and (iv) Series 20192002-1 6.192% 2 Rental Car Asset Backed NotesNotes Class D, Class R”. Subsequent to the Series 2019-1 Closing Date, ABRCF may on any date during the Series 2019-1 Revolving Period offer and sell additional Series 2019-1 Notes subject to the conditions set forth in Section 5.15. Such additional Series 2019-1 Notes, if issued, which shall be designated generally as the “Series 2019-1 Rental Car Asset Backed Notes, Class D” and shall be referred to herein as the “"Class D Notes”. The " (and, together with the Class A Notes, the Class B Notes, Notes and the Class C Notes, Class D Notes, if issued, the "SERIES 2002-2 NOTES"). The Series 2002-2 Notes shall be issued in minimum denominations of $200,000 and Class R Notes collectively, constitute the Series 2019-1 Notesintegral multiples of $1,000 in excess thereof. The Class B Notes shall be are subordinated in right of payment to the Class A Notes, to the extent set forth herein. The Class C Notes shall be are subordinated in right of payment to the Class A Notes and the Class B Notes, to the extent set forth herein. The Class D Notes, if issued, shall be Notes are subordinated in right of payment to the Class A Notes, the Class B Notes and the Class C Notes, to the extent set forth herein. The Class R Notes shall be subordinated to the Class A Notes, the Class B Notes, the Class C Notes and (if issued) the Class D Notes. The proceeds from the sale of the Class A Notes, Class B Notes, Class C Notes and Class R Series 2002-2 Notes shall be deposited in the Group IV Collection Account and shall be deemed used to be Principal Collectionsfund increases in the principal amounts of the Group IV Leasing Company Notes and/or to reduce the principal amount of other Series of Notes. The Series 20192002-1 2 Notes are a non‑Segregated Segregated Series of Notes (as more fully described in the Base Indenture)) sharing in the Group IV Collateral and excluding any other Group-Specific Collateral that is not Group IV Collateral under the Base Indenture. Accordingly, all references in this Series Supplement to “"all” " Series of Notes (and all references in this Series Supplement to terms defined in the Base Indenture that contain references to “"all” " Series of Notes) shall refer to all Series of Notes sharing in the Group IV Collateral and shall exclude each other Series of Notes (whether a Segregated Series secured by collateral other than the Group IV Collateral or a non-Segregated Series of Notes).

Designation. There is hereby created a Series of Notes to be issued pursuant to the Base Indenture and this Supplement, and such Series of Notes shall be designated generally as the “Series 20192012-1 3 Rental Car Asset Backed Notes”. The Series 20192012-1 3 Notes shall be issued in up to five three Classes, the first of which shall be known as the “Class A Notes”, the second of which shall be known as the “Class B Notes”, the third of which shall be known as the “Class C Notes”, the fourth of which shall be known as the “Class R Notes” and the fifth third of which, if issued, shall be known as the “Class D C Notes”. On the Series 20192012-1 3 Closing Date, ABRCF shall issue (i) one tranche of Class A Notes, which shall be designated as the “Series 20192012-1 3.453 2.10% Rental Car Asset Backed Notes, Class A”, ” and (ii) one tranche of Class B Notes, which shall be designated as the “Series 20192012-1 3.703 3.04% Rental Car Asset Backed Notes, Class B”, (iii) one tranche of Class C Notes, which shall be designated as the “Series 2019-1 4.53% Rental Car Asset Backed Notes, Class C” and (iv) one tranche of Class R Notes, which shall be designated the “Series 2019-1 6.192% Rental Car Asset Backed Notes, Class R”. Subsequent to the Series 20192012-1 3 Closing Date, ABRCF may on any date during the Series 20192012-1 3 Revolving Period offer and sell additional Series 20192012-1 3 Notes subject to the conditions set forth in Section 5.15. Such additional Series 20192012-1 3 Notes, if issued, shall be designated as the “Series 20192012-1 3 Fixed Rate Rental Car Asset Backed Notes, Class D” C”, and shall be referred to herein as the “Class D C Notes”. The Class A Notes, Class B Notes, Notes and Class C Notes, Class D Notes, if issued, and Class R Notes collectivelytogether, constitute the Series 20192012-1 3 Notes. The Class B Notes shall be subordinated in right of payment to the Class A Notes, to the extent set forth herein. The Class C Notes Notes, if issued, shall be subordinated in right of payment to the Class A Notes and Class B Notes, to the extent set forth herein. The Class D Notes, if issued, shall be subordinated in right of payment to the Class A Notes, Class B Notes and Class C Notes, to the extent set forth herein. The Class R Notes shall be subordinated to the Class A Notes, the Class B Notes, the Class C Notes and (if issued) the Class D Notes. The proceeds from the sale of the Class A Notes, Class B Notes, Class C Notes and Class R B Notes shall be deposited in the Collection Account and shall be deemed to be Principal Collections. The Series 20192012-1 3 Notes are a non‑Segregated non-Segregated Series of Notes (as more fully described in the Base Indenture). Accordingly, all references in this Supplement to “all” Series of Notes (and all references in this Supplement to terms defined in the Base Indenture that contain references to “all” Series of Notes) shall refer to all Series of Notes other than Segregated Series of Notes.

Designation. There is hereby was created a Series of Notes to be issued pursuant to the Base Indenture and this the Prior Supplement, and such Series of Notes shall be was designated generally as the “Series 20192012-1 2 Rental Car Asset Backed Notes”. The Series 20192012-1 2 Notes shall were permitted to be issued in up to five three Classes, the first of which shall be known as the “Class A Notes”, the second of which shall be known as the “Class B Notes”, ” and the third of which shall be known as the “Class C Notes”, the fourth of which shall be known as the “. NEWYORK 8960490 (2K)A&R Series 2012-2 Supplement (Class R Notes” and the fifth of which, if issued, shall be known as the “Class D Notes”. C Note issuance) 1 On the Series 20192012-1 2 Closing Date, ABRCF shall issue issued (i) one tranche of Class A Notes, which shall be was designated as the “Series 20192012-1 3.452 2.802% Rental Car Asset Backed Notes, Class A”, A and (ii) one tranche of Class B Notes, which shall be was designated as the “Series 20192012-1 3.702 3.887% Rental Car Asset Backed Notes, Class B”B. On the Class C Notes Closing Date, (iii) ABRCF shall issue one tranche of Class C Notes, which shall be designated as the “Series 20192012-1 4.532 4.00% Rental Car Asset Backed Notes, Class C” and (iv) one tranche of Class R Notes, which shall be designated the “Series 2019-1 6.192% Rental Car Asset Backed Notes, Class R”. Subsequent to the Series 2019-1 Closing Date, ABRCF may on any date during the Series 2019-1 Revolving Period offer and sell additional Series 2019-1 Notes subject to the conditions set forth in Section 5.15. Such additional Series 2019-1 Notes, if issued, shall be designated as the “Series 2019-1 Rental Car Asset Backed Notes, Class D” and shall be referred to herein as the “Class D Notes”. C. The Class A Notes, Class B Notes, Notes and Class C Notes, Class D Notes, if issued, and Class R Notes collectivelytogether, constitute the Series 20192012-1 2 Notes. The Class B Notes shall be subordinated in right of payment to the Class A Notes, to the extent set forth herein. The Class C Notes shall be subordinated in right of payment to the Class A Notes and Class B Notes, to the extent set forth herein. The Class D Notes, if issued, shall be subordinated in right of payment to the Class A Notes, Class B Notes and Class C Notes, to the extent set forth herein. The Class R Notes shall be subordinated to the Class A Notes, the Class B Notes, the Class C Notes and (if issued) the Class D Notes. The proceeds from the sale of the Class A Notes, Class B Notes, Class C Notes and Class R B Notes were deposited in the Collection Account and were deemed to be Principal Collections, and the proceeds of the Class C Notes shall be deposited in the Collection Account and shall be deemed to be Principal Collections. The Series 20192012-1 2 Notes are a non‑Segregated Series of Notes (as more fully described in the Base Indenture). Accordingly, all references in this Supplement to “all” Series of Notes (and all references in this Supplement to terms defined in the Base Indenture that contain references to “all” Series of Notes) shall refer to all Series of Notes other than Segregated Series of Notes.

Designation. There is hereby created a Series of Notes to be issued pursuant to the Base Indenture and this Supplement, and such Series of Notes shall be designated generally as the “Series 20192021-1 2 Rental Car Asset Backed Notes”. The Series 20192021-1 2 Notes shall be issued in up to five six Classes, the first of which shall be known as the “Class A Notes”, the second of which shall be known as the “Class B Notes”, the third of which shall be known as the “Class C Notes”, the fourth of which shall be known as the “Class D Notes”, the fifth of which shall be known as the “Class R Notes” and the fifth sixth of which, if issued, shall be known as the “Class D E Notes”. On the Series 20192021-1 2 Closing Date, ABRCF shall issue (i) one tranche of Class A Notes, which shall be designated as the “Series 20192021-1 3.452 1.66% Rental Car Asset Backed Notes, Class A”, (ii) one tranche of Class B Notes, which shall be designated as the “Series 20192021-1 3.702 1.90% Rental Car Asset Backed Notes, Class B”, (iii) one tranche of Class C Notes, which shall be designated as the “Series 20192021-1 4.532 2.35% Rental Car Asset Backed Notes, Class C”, (iv) one tranche of Class D Notes, which shall be designated the “Series 2021-2 4.08% Rental Car Asset Backed Notes, Class D” and (ivv) one tranche of Class R Notes, which shall be designated the “Series 20192021-1 6.1922 7.032% Rental Car Asset Backed Notes, Class R”. Subsequent to the Series 20192021-1 2 Closing Date, ABRCF may on any date during the Series 20192021-1 2 Revolving Period offer and sell additional Series 20192021-1 2 Notes subject to the conditions set forth in Section 5.15. Such additional Series 20192021-1 2 Notes, if issued, shall be designated as the “Series 20192021-1 2 Rental Car Asset Backed Notes, Class DE” and shall be referred to herein as the “Class D E Notes”. The Class A Notes, Class B Notes, Class C Notes, Class D Notes, Class E Notes, if issued, and Class R Notes collectively, constitute the Series 20192021-1 2 Notes. The Class B Notes shall be subordinated in right of payment to the Class A Notes, to the extent set forth herein. The Class C Notes shall be subordinated in right of payment to the Class A Notes and Class B Notes, to the extent set forth herein. The Class D Notes, if issued, Notes shall be subordinated in right of payment to the Class A Notes, Class B Notes and Class C Notes, to the extent set forth herein. The Class E Notes, if issued, shall be subordinated in right of payment to the Class A Notes, Class B Notes, Class C Notes and Class D Notes, to the extent set forth herein. The Class R Notes shall be subordinated to the Class A Notes, the Class B Notes, the Class C Notes, the Class D Notes and (if issued) the Class D E Notes. The proceeds from the sale of the Class A Notes, Class B Notes, Class C Notes, Class D Notes and Class R Notes shall be deposited in the Collection Account and shall be deemed to be Principal Collections. The Series 20192021-1 2 Notes are a non‑Segregated non-Segregated Series of Notes (as more fully described in the Base Indenture). Accordingly, all references in this Supplement to “all” Series of Notes (and all references in this Supplement to terms defined in the Base Indenture that contain references to “all” Series of Notes) shall refer to all Series of Notes other than Segregated Series of Notes.

Designation. There is hereby created a Series of Notes to be issued pursuant to the Base Indenture and this Supplement, and such Series of Notes shall be designated generally as the “Series 20192015-1 Rental Car Asset Backed Notes”. The Series 20192015-1 Notes shall be issued in up to five three Classes, the first of which shall be known as the “Class A Notes”, the second of which shall be known as the “Class B Notes”, ” and the third of which shall be known as the “Class C Notes”, the fourth of which shall be known as the “Class R Notes” and the fifth of which, if issued, shall be known as the “Class D Notes”. On the Series 20192015-1 Closing Date, ABRCF shall issue (i) one tranche of Class A Notes, which shall be designated as the “Series 20192015-1 3.452.50% Rental Car Asset Backed Notes, Class A”, (ii) one tranche of Class B Notes, which shall be designated as the “Series 20192015-1 3.703.22% Rental Car Asset Backed Notes, Class B”, ” and (iii) one tranche of Class C Notes, which shall be designated as the “Series 20192015-1 4.533.96% Rental Car Asset Backed Notes, Class C” and (iv) one tranche of Class R Notes, which shall be designated the “Series 2019-1 6.192% Rental Car Asset Backed Notes, Class R”. Subsequent to the Series 2019-1 Closing Date, ABRCF may on any date during the Series 2019-1 Revolving Period offer and sell additional Series 2019-1 Notes subject to the conditions set forth in Section 5.15. Such additional Series 2019-1 Notes, if issued, shall be designated as the “Series 2019-1 Rental Car Asset Backed Notes, Class D” and shall be referred to herein as the “Class D Notes”. The Class A Notes, Class B Notes, Notes and Class C Notes, Class D Notes, if issued, and Class R Notes collectivelytogether, constitute the Series 20192015-1 Notes. The Class B Notes shall be subordinated in right of payment to the Class A Notes, to the extent set forth herein. The Class C Notes shall be subordinated in right of payment to the Class A Notes and Class B Notes, to the extent set forth herein. The Class D Notes, if issued, shall be subordinated in right of payment to the Class A Notes, Class B Notes and Class C Notes, to the extent set forth herein. The Class R Notes shall be subordinated to the Class A Notes, the Class B Notes, the Class C Notes and (if issued) the Class D Notes. The proceeds from the sale of the Class A Notes, Class B Notes, Class C Notes and Class R Series 2015-1 Notes shall be deposited in the Collection Account and shall be deemed to be Principal Collections. The Series 20192015-1 Notes are a non‑Segregated Series of Notes (as more fully described in the Base Indenture). Accordingly, all references in this Supplement to “all” Series of Notes (and all references in this Supplement to terms defined in the Base Indenture that contain references to “all” Series of Notes) shall refer to all Series of Notes other than Segregated Series of Notes.

Designation. There is hereby created a Series of Notes to be issued pursuant to the Base Indenture and this Supplement, and such Series of Notes shall be designated generally as the “Series 20192020-1 Rental Car Asset Backed Notes”. The Series 20192020-1 Notes shall be issued in up to five Classes, the first of which shall be known as the “Class A Notes”, the second of which shall be known as the “Class B Notes”, the third of which shall be known as the “Class C Notes”, the fourth of which shall be known as the “Class R Notes” and the fifth of which, if issued, shall be known as the “Class D Notes”. On the Series 20192020-1 Closing Date, ABRCF shall issue (i) one tranche of Class A Notes, which shall be designated as the “Series 20192020-1 3.452.33% Rental Car Asset Backed Notes, Class A”, (ii) one tranche of Class B Notes, which shall be designated as the “Series 20192020-1 3.702.68% Rental Car Asset Backed Notes, Class B”, (iii) one tranche of Class C Notes, which shall be designated as the “Series 20192020-1 4.533.02% Rental Car Asset Backed Notes, Class C” and (iv) one tranche of Class R Notes, which shall be designated the “Series 20192020-1 6.1924.753% Rental Car Asset Backed Notes, Class R”. Subsequent to the Series 20192020-1 Closing Date, ABRCF may on any date during the Series 20192020-1 Revolving Period offer and sell additional Series 20192020-1 Notes subject to the conditions set forth in Section 5.15. Such additional Series 20192020-1 Notes, if issued, shall be designated as the “Series 20192020-1 Rental Car Asset Backed Notes, Class D” and shall be referred to herein as the “Class D Notes”. The Class A Notes, Class B Notes, Class C Notes, Class D Notes, if issued, and Class R Notes collectively, constitute the Series 20192020-1 Notes. The Class B Notes shall be subordinated in right of payment to the Class A Notes, to the extent set forth herein. The Class C Notes shall be subordinated in right of payment to the Class A Notes and Class B Notes, to the extent set forth herein. The Class D Notes, if issued, shall be subordinated in right of payment to the Class A Notes, Class B Notes and Class C Notes, to the extent set forth herein. The Class R Notes shall be subordinated to the Class A Notes, the Class B Notes, the Class C Notes and (if issued) the Class D Notes. The proceeds from the sale of the Class A Notes, Class B Notes, Class C Notes and Class R Notes shall be deposited in the Collection Account and shall be deemed to be Principal Collections. The Series 20192020-1 Notes are a non‑Segregated non-Segregated Series of Notes (as more fully described in the Base Indenture). Accordingly, all references in this Supplement to “all” Series of Notes (and all references in this Supplement to terms defined in the Base Indenture that contain references to “all” Series of Notes) shall refer to all Series of Notes other than Segregated Series of Notes.

Designation. There is hereby was created a Series of Notes to be issued pursuant to the Base Indenture and this the Prior Supplement, and such Series of Notes shall be was designated generally as the “Series 20192018-1 Rental Car Asset Backed Notes”. The Series 20192018-1 Notes shall were permitted to be issued in up to five Classes, the first of which shall be is known as the “Class A Notes”, the second of which shall be is known as the “Class B Notes”, the third of which shall be is known as the “Class C Notes”, the fourth of which shall be is known as the “Class R Notes” and the fifth of which, if issued, which shall be known as the “Class D Notes”. On the Series 2019-1 Class A/B/C Notes Closing Date, ABRCF shall issue issued (i) one tranche of Class A Notes, which shall be Notes designated as the “Series 20192018-1 3.453.70% Rental Car Asset Backed Notes, Class A”, (ii) one tranche of Class B Notes, which shall be Notes designated as the “Series 20192018-1 3.704.00% Rental Car Asset Backed Notes, Class B”, (iii) one tranche of Class C Notes, which shall be Notes designated as the “Series 20192018-1 4.534.73% Rental Car Asset Backed Notes, Class C” and (iv) one tranche of Class R Notes, which shall be Notes designated the “Series 20192018-1 6.1926.354% Rental Car Asset Backed Notes, Class R”. Subsequent to On the Series 2019-1 Class D Notes Closing Date, ABRCF may on any date during the Series 2019-1 Revolving Period offer and sell additional Series 2019-1 shall issue (i) one tranche of Class D Notes subject to the conditions set forth in Section 5.15. Such additional Series 2019-1 Notes, if issued, shall be designated as the “Series 20192018-1 5.25% Rental Car Asset Backed Notes, Class D” and shall be referred to herein as (ii) the “Additional Class D R Notes”. The Class A Notes, Class B Notes, Class C Notes, Class D Notes, if issued, Notes and Class R Notes collectively, constitute the Series 20192018-1 Notes. The Class B Notes shall be subordinated in right of payment to the Class A Notes, to the extent set forth herein. The Class C Notes shall be subordinated in right of payment to the Class A Notes and Class B Notes, to the extent set forth herein. The Class D Notes, if issued, Notes shall be subordinated in right of payment to the Class A Notes, Class B Notes and Class C Notes, to the extent set forth herein. The Class R Notes shall be subordinated to the Class A Notes, the Class B Notes, the Class C Notes and (if issued) the Class D Notes. The proceeds from the sale of the Class A Notes, Class B Notes, Class C Notes and Class R Notes were deposited in the Collection Account and were deemed to be Principal Collections, and the proceeds from the sale of the Class D Notes and the Additional Class R Notes shall be deposited in the Collection Account and shall be deemed to be Principal Collections. The Series 20192018-1 Notes are a non‑Segregated non-Segregated Series of Notes (as more fully described in the Base Indenture). Accordingly, all references in this Supplement to “all” Series of Notes (and all references in this Supplement to terms defined in the Base Indenture that contain references to “all” Series of Notes) shall refer to all Series of Notes other than Segregated Series of Notes.

Designation. There is hereby created a Series of Notes to be issued pursuant to the Base Indenture and this Supplement, Series Supplement and such Series of Notes shall be designated generally as the “Series 2019-1 Rental Car Asset Backed Notes”, Series 2005-2. The On the Series 20192005-1 2 Closing Date, six classes of Series 2005-2 Notes shall be issued in up to five Classes, issued: the first of which shall be known designated as the “Series 2005-2 Floating Rate Rental Car Asset Backed Notes, Class A A-1, and referred to herein as the Class A-1 Notes”, the second of which shall be known as the “Class B Notes”, the third of which shall be known as the “Class C Notes”, the fourth of which shall be known as the “Class R Notes” and the fifth of which, if issued, shall be known as the “Class D Notes”. On the Series 2019-1 Closing Date, ABRCF shall issue (i) one tranche of Class A Notes, which shall be designated as the “Series 20192005-1 3.452 4.93% Rental Car Asset Backed Notes, Class A”A-2, (ii) one tranche of and referred to herein as the Class B A-2 Notes, the third of which shall be designated as the “Series 20192005-1 3.702 Floating Rate Rental Car Asset Backed Notes, Class A-3, and referred to herein as the Class A-3 Notes, the fourth of which shall be designated as the Series 2005-2 5.01% Rental Car Asset Backed Notes, Class B”A-4, (iii) one tranche of and referred to herein as the Class C A-4 Notes, the fifth of which shall be designated as the “Series 20192005-1 4.532 Floating Rate Rental Car Asset Backed Notes, Class A-5, and referred to herein as the Class A-5 Notes and the last of which shall be designated as the Series 2005-2 5.08% Rental Car Asset Backed Notes, Class C” A-6, and (iv) one tranche referred to herein as the Class A-6 Notes. The Class A-1 Notes, the Class A-2 Notes, the Class A-3 Notes, the Class A-4 Notes, the Class A-5 Notes and the Class A-6 Notes are referred to herein collectively as the “Class A Notes”. At any time prior to the Expected Final Payment Date for the Class of Class R NotesB Notes being issued, additional Series 2005-2 Notes may be issued in up to six classes: the first of which shall be designated as the “Series 20192005-1 6.192% 2 Floating Rate Rental Car Asset Backed Notes, Class R”. Subsequent to the Series 2019-1 Closing Date, ABRCF may on any date during the Series 2019-1 Revolving Period offer and sell additional Series 2019-1 Notes subject to the conditions set forth in Section 5.15. Such additional Series 2019-1 Notes, if issued, shall be designated as the “Series 2019-1 Rental Car Asset Backed Notes, Class D” and shall be referred to herein as the “Class D Notes”. The Class A Notes, Class B Notes, Class C Notes, Class D Notes, if issued, and Class R Notes collectively, constitute the Series 2019-1 Notes. The Class B Notes shall be subordinated in right of payment to the Class A Notes, to the extent set forth herein. The Class C Notes shall be subordinated in right of payment to the Class A Notes and Class B Notes, to the extent set forth herein. The Class D Notes, if issued, shall be subordinated in right of payment to the Class A Notes, Class B Notes and Class C Notes, to the extent set forth herein. The Class R Notes shall be subordinated to the Class A Notes, the Class B Notes, the Class C Notes and (if issued) the Class D Notes. The proceeds from the sale of the Class A Notes, Class B Notes, Class C Notes and Class R Notes shall be deposited in the Collection Account and shall be deemed to be Principal Collections. The Series 2019-1 Notes are a non‑Segregated Series of Notes (as more fully described in the Base Indenture). Accordingly, all references in this Supplement to “all” Series of Notes (and all references in this Supplement to terms defined in the Base Indenture that contain references to “all” Series of Notes) shall refer to all Series of Notes other than Segregated Series of Notes.B-1,

Designation. There is hereby created a Series of Notes to be issued pursuant to the Base Indenture and this Supplement, and such Series of Notes shall be designated generally as the “Series 20192024-1 2 Rental Car Asset Backed Notes”. The Series 20192024-1 2 Notes shall be issued in up to five Classes, the first of which shall be known as the “Class A Notes”, the second of which shall be known as the “Class B Notes”, the third of which shall be known as the “Class C Notes”, the fourth of which shall be known as the “Class R Notes” and the fifth of which, if issued, shall be known as the “Class D Notes”. On the Series 20192024-1 2 Closing Date, ABRCF shall issue (i) one tranche of Class A Notes, which shall be designated as the “Series 20192024-1 3.452 5.13% Rental Car Asset Backed Notes, Class A”, (ii) one tranche of Class B Notes, which shall be designated as the “Series 20192024-1 3.702 5.57% Rental Car Asset Backed Notes, Class B”, (iii) one tranche of Class C Notes, which shall be designated as the “Series 20192024-1 4.532 6.01% Rental Car Asset Backed Notes, Class C” and (iv) one tranche of Class R Notes, which shall be designated the “Series 20192024-1 6.1922 7.942% Rental Car Asset Backed Notes, Class R”. Subsequent to the Series 20192024-1 2 Closing Date, ABRCF may on any date during the Series 20192024-1 2 Revolving Period offer and sell additional Series 20192024-1 2 Notes subject to the conditions set forth in Section 5.15. Such additional Series 20192024-1 2 Notes, if issued, shall be designated as the “Series 20192024-1 2 Rental Car Asset Backed Notes, Class D” and shall be referred to herein as the “Class D Notes”. The Class A Notes, Class B Notes, Class C Notes, Class D Notes, if issued, and Class R Notes collectively, constitute the Series 20192024-1 2 Notes. The Class B Notes shall be subordinated in right of payment to the Class A Notes, to the extent set forth herein. The Class C Notes shall be subordinated in right of payment to the Class A Notes and Class B Notes, to the extent set forth herein. The Class D Notes, if issued, shall be subordinated in right of payment to the Class A Notes, Class B Notes and Class C Notes, to the extent set forth herein. The Class R Notes shall be subordinated to the Class A Notes, the Class B Notes, the Class C Notes and (if issued) the Class D Notes. The proceeds from the sale of the Class A Notes, Class B Notes, Class C Notes and Class R Notes shall be deposited in the Collection Account and shall be deemed to be Principal Collections. The Series 20192024-1 2 Notes are a non‑Segregated non-Segregated Series of Notes (as more fully described in the Base Indenture). Accordingly, all references in this Supplement to “all” Series of Notes (and all references in this Supplement to terms defined in the Base Indenture that contain references to “all” Series of Notes) shall refer to all Series of Notes other than Segregated Series of Notes.

Designation. There is hereby was created a Series of Notes to be issued pursuant to the Base Indenture and this the Prior Supplement, and such Series of Notes shall be was designated generally as the “Series 20192017-1 2 Rental Car Asset Backed Notes”. The Series 20192017-1 2 Notes shall were permitted to be issued in up to five Classes, the first of which shall be is known as the “Class A Notes”, the second of which shall be is known as the “Class B Notes”, the third of which shall be is known as the “Class C Notes”, the fourth of which shall be is known as the “Class R Notes” and the fifth of which, if issued, which shall be known as the “Class D Notes”. On the Series 2019-1 Class A/B/C Notes Closing Date, ABRCF shall issue issued (i) one tranche of Class A Notes, which shall be Notes designated as the “Series 20192017-1 3.452 2.97% Rental Car Asset Backed Notes, Class A”, (ii) one tranche of Class B Notes, which shall be Notes designated as the “Series 20192017-1 3.702 3.33% Rental Car Asset Backed Notes, Class B”, (iii) one tranche of Class C Notes, which shall be Notes designated as the “Series 20192017-1 4.532 4.17% Rental Car Asset Backed Notes, Class C” and (iv) one tranche of Class R Notes, which shall be Notes designated the “Series 20192017-1 6.1922 6.50% Rental Car Asset Backed Notes, Class R”. Subsequent to On the Series 2019-1 Class D Notes Closing Date, ABRCF may on any date during the Series 2019-1 Revolving Period offer and sell additional Series 2019-1 shall issue (i) one tranche of Class D Notes subject to the conditions set forth in Section 5.15. Such additional Series 2019-1 Notes, if issued, shall be designated as the “Series 20192017-1 2 4.56% Rental Car Asset Backed Notes, Class D” and shall be referred to herein as (ii) the “Additional Class D R Notes”. The Class A Notes, Class B Notes, Class C Notes, Class D Notes, if issued, Notes and Class R Notes collectively, constitute the Series 20192017-1 2 Notes. The Class B Notes shall be subordinated in right of payment to the Class A Notes, to the extent set forth herein. The Class C Notes shall be subordinated in right of payment to the Class A Notes and Class B Notes, to the extent set forth herein. The Class D Notes, if issued, Notes shall be subordinated in right of payment to the Class A Notes, Class B Notes and Class C Notes, to the extent set forth herein. The Class R Notes shall be subordinated to the Class A Notes, the Class B Notes, the Class C Notes and (if issued) the Class D Notes. The proceeds from the sale of the Class A Notes, Class B Notes, Class C Notes and Class R Notes were deposited in the Collection Account and were deemed to be Principal Collections, and the proceeds from the sale of the Class D Notes and the Additional Class R Notes shall be deposited in the Collection Account and shall be deemed to be Principal Collections. The Series 20192017-1 2 Notes are a non‑Segregated non-Segregated Series of Notes (as more fully described in the Base Indenture). Accordingly, all references in this Supplement to “all” Series of Notes (and all references in this Supplement to terms defined in the Base Indenture that contain references to “all” Series of Notes) shall refer to all Series of Notes other than Segregated Series of Notes.

Designation. There is hereby created a Series of Notes to be issued pursuant to the Base Indenture and this Supplement, and such Series of Notes shall be designated generally as the “Series 20192011-1 5 Rental Car Asset Backed Notes”. The Series 20192011-1 5 Notes shall be issued in up to five three Classes, the first of which shall be known as the “Class A Notes”, the second of which shall be known as the “Class B Notes”, the third of which shall be known as the “Class C Notes”, the fourth of which shall be known as the “Class R Notes” and the fifth third of which, if issued, shall be known as the “Class D C Notes”. On the Series 20192011-1 5 Closing Date, ABRCF shall issue (i) one tranche of Class A Notes, which shall be designated as the “Series 20192011-1 3.455 3.27% Rental Car Asset Backed Notes, Class A”, A and (ii) one tranche of Class B Notes, which shall be designated as the “Series 20192011-1 3.705 4.72% Rental Car Asset Backed Notes, Class B”, (iii) one tranche of Class C Notes, which shall be designated as the “Series 2019-1 4.53% Rental Car Asset Backed Notes, Class C” and (iv) one tranche of Class R Notes, which shall be designated the “Series 2019-1 6.192% Rental Car Asset Backed Notes, Class R”. B. Subsequent to the Series 20192011-1 5 Closing Date, ABRCF may on any date during the Series 20192011-1 5 Revolving Period offer and sell additional Series 20192011-1 5 Notes subject to the conditions set forth in Section 5.15. Such additional Series 20192011-1 5 Notes, if issued, shall be designated as the “Series 20192011-1 5 Fixed Rate Rental Car Asset Backed Notes, Class D” C, and shall be referred to herein as the “Class D C Notes”. The Class A Notes, Class B Notes, Notes and Class C Notes, Class D Notes, if issued, and Class R Notes collectivelytogether, constitute the Series 20192011-1 5 Notes. The Class B Notes shall be subordinated in right of payment to the Class A Notes, to the extent set forth herein. The Class C Notes Notes, if issued, shall be subordinated in right of payment to the Class A Notes and Class B Notes, to the extent set forth herein. The Class D Notes, if issued, shall be subordinated in right of payment to the Class A Notes, Class B Notes and Class C Notes, to the extent set forth herein. The Class R Notes shall be subordinated to the Class A Notes, the Class B Notes, the Class C Notes and (if issued) the Class D Notes. The proceeds from the sale of the Class A Notes, Class B Notes, Class C Notes and Class R B Notes shall be deposited in the Collection Account and shall be deemed to be Principal Collections. The Series 20192011-1 5 Notes are a non‑Segregated non-Segregated Series of Notes (as more fully described in the Base Indenture). Accordingly, all references in this Supplement to “all” Series of Notes (and all references in this Supplement to terms defined in the Base Indenture that contain references to “all” Series of Notes) shall refer to all Series of Notes other than Segregated Series of Notes.

Designation. There is hereby created a Series of Notes to be issued pursuant to the Base Indenture and this Supplement, and such Series of Notes shall be designated generally as the “Series 20192022-1 5 Rental Car Asset Backed Notes”. The Series 20192022-1 5 Notes shall be issued in up to five Classes, the first of which shall be known as the “Class A Notes”, the second of which shall be known as the “Class B Notes”, the third of which shall be known as the “Class C Notes”, the fourth of which shall be known as the “Class R Notes” and the fifth of which, if issued, shall be known as the “Class D Notes”. On the Series 20192022-1 5 Closing Date, ABRCF shall issue (i) one tranche of Class A Notes, which shall be designated as the “Series 20192022-1 3.455 6.12% Rental Car Asset Backed Notes, Class A”, (ii) one tranche of Class B Notes, which shall be designated as the “Series 20192022-1 3.705 7.09% Rental Car Asset Backed Notes, Class B”, (iii) one tranche of Class C Notes, which shall be designated as the “Series 20192022-1 4.535 9.27% Rental Car Asset Backed Notes, Class C” and (iv) one tranche of Class R Notes, which shall be designated the “Series 20192022-1 6.1925 11.162% Rental Car Asset Backed Notes, Class R”. Subsequent to the Series 20192022-1 5 Closing Date, ABRCF may on any date during the Series 20192022-1 5 Revolving Period offer and sell additional Series 20192022-1 5 Notes subject to the conditions set forth in Section 5.15. Such additional Series 20192022-1 5 Notes, if issued, shall be designated as the “Series 20192022-1 5 Rental Car Asset Backed Notes, Class D” and shall be referred to herein as the “Class D Notes”. The Class A Notes, Class B Notes, Class C Notes, Class D Notes, if issued, and Class R Notes collectively, constitute the Series 20192022-1 5 Notes. The Class B Notes shall be subordinated in right of payment to the Class A Notes, to the extent set forth herein. The Class C Notes shall be subordinated in right of payment to the Class A Notes and Class B Notes, to the extent set forth herein. The Class D Notes, if issued, shall be subordinated in right of payment to the Class A Notes, Class B Notes and Class C Notes, to the extent set forth herein. The Class R Notes shall be subordinated to the Class A Notes, the Class B Notes, the Class C Notes and (if issued) the Class D Notes. The proceeds from the sale of the Class A Notes, Class B Notes, Class C Notes and Class R Notes shall be deposited in the Collection Account and shall be deemed to be Principal Collections. The Series 20192022-1 5 Notes are a non‑Segregated non-Segregated Series of Notes (as more fully described in the Base Indenture). Accordingly, all references in this Supplement to “all” Series of Notes (and all references in this Supplement to terms defined in the Base Indenture that contain references to “all” Series of Notes) shall refer to all Series of Notes other than Segregated Series of Notes.

Designation. There is hereby created a Series of Notes to be issued pursuant to the Base Indenture and this Supplement, and such Series of Notes shall be designated generally as the “Series 20192012-1 Rental Car Asset Backed Notes”. The Series 20192012-1 Notes shall be issued in up to five three Classes, the first of which shall be known as the “Class A Notes”, the second of which shall be known as the “Class B Notes”, the third of which shall be known as the “Class C Notes”, the fourth of which shall be known as the “Class R Notes” and the fifth third of which, if issued, shall be known as the “Class D C Notes”. On the Series 20192012-1 Closing Date, ABRCF shall issue (i) one tranche of Class A Notes, which shall be designated as the “Series 20192012-1 3.452.054% Rental Car Asset Backed Notes, Class A”, ” and (ii) one tranche of Class B Notes, which shall be designated as the “Series 20192012-1 3.703.241% Rental Car Asset Backed Notes, Class B”, (iii) one tranche of Class C Notes, which shall be designated as the “Series 2019-1 4.53% Rental Car Asset Backed Notes, Class C” and (iv) one tranche of Class R Notes, which shall be designated the “Series 2019-1 6.192% Rental Car Asset Backed Notes, Class R”. Subsequent to the Series 20192012-1 Closing Date, ABRCF may on any date during the Series 20192012-1 Revolving Period offer and sell additional Series 20192012-1 Notes subject to the conditions set forth in Section 5.15. Such additional Series 20192012-1 Notes, if issued, shall be designated as the “Series 20192012-1 Fixed Rate Rental Car Asset Backed Notes, Class D” C”, and shall be referred to herein as the “Class D C Notes”. The Class A Notes, Class B Notes, Notes and Class C Notes, Class D Notes, if issued, and Class R Notes collectivelytogether, constitute the Series 20192012-1 Notes. The Class B Notes shall be subordinated in right of payment to the Class A Notes, to the extent set forth herein. The Class C Notes Notes, if issued, shall be subordinated in right of payment to the Class A Notes and Class B Notes, to the extent set forth herein. The Class D Notes, if issued, shall be subordinated in right of payment to the Class A Notes, Class B Notes and Class C Notes, to the extent set forth herein. The Class R Notes shall be subordinated to the Class A Notes, the Class B Notes, the Class C Notes and (if issued) the Class D Notes. The proceeds from the sale of the Class A Notes, Class B Notes, Class C Notes and Class R B Notes shall be deposited in the Collection Account and shall be deemed to be Principal Collections. The Series 20192012-1 Notes are a non‑Segregated non-Segregated Series of Notes (as more fully described in the Base Indenture). Accordingly, all references in this Supplement to “all” Series of Notes (and all references in this Supplement to terms defined in the Base Indenture that contain references to “all” Series of Notes) shall refer to all Series of Notes other than Segregated Series of Notes.

Designation. There is hereby was created a Series of Notes to be issued pursuant to the Base Indenture and this the Prior Supplement, and such Series of Notes shall be was designated generally as the “Series 20192011-1 3 Rental Car Asset Backed Notes”. The Series 20192011-1 3 Notes shall were permitted to be issued in up to five three Classes, the first of which shall be known as the “Class A Notes”, the second of which shall be known as the “Class B Notes”, ” and the third of which shall be known as the “Class C Notes”, the fourth of which shall be known as the “Class R Notes” and the fifth of which, if issued, shall be known as the “Class D Notes”. On the Series 20192011-1 3 Closing Date, ABRCF shall issue issued (i) one tranche of Class A Notes, which shall be was designated as the “Series 20192011-1 3.453 3.41% Rental Car Asset Backed Notes, Class A”, A and (ii) one tranche of Class B Notes, which shall be was designated as the “Series 20192011-1 3.703 4.74% Rental Car Asset Backed Notes, Class B”B. On the Class C Notes Closing Date, (iii) ABRCF shall issue one tranche of Class C Notes, which shall be designated as the “Series 20192011-1 4.533 3.68% Rental Car Asset Backed Notes, Class C” and (iv) one tranche of Class R Notes, which shall be designated the “Series 2019-1 6.192% Rental Car Asset Backed Notes, Class R”. Subsequent to the Series 2019-1 Closing Date, ABRCF may on any date during the Series 2019-1 Revolving Period offer and sell additional Series 2019-1 Notes subject to the conditions set forth in Section 5.15. Such additional Series 2019-1 Notes, if issued, shall be designated as the “Series 2019-1 Rental Car Asset Backed Notes, Class D” and shall be referred to herein as the “Class D Notes”. C. The Class A Notes, Class B Notes, Notes and Class C Notes, Class D Notes, if issued, and Class R Notes collectivelytogether, constitute the Series 20192011-1 3 Notes. The Class B Notes shall be subordinated in right of payment to the Class A Notes, to the extent set forth herein. The Class C Notes shall be subordinated in right of payment to the Class A Notes and Class B Notes, to the extent set forth herein. The Class D Notes, if issued, shall be subordinated in right of payment to the Class A Notes, Class B Notes and Class C Notes, to the extent set forth herein. The Class R Notes shall be subordinated to the Class A Notes, the Class B Notes, the Class C Notes and (if issued) the Class D Notes. The proceeds from the sale of the Class A Notes, Class B Notes, Class C Notes and Class R B Notes were deposited in the Collection Account and were deemed to be Principal Collections, and the proceeds of the Class C Notes shall be deposited in the Collection Account and shall be deemed to be Principal Collections. The Series 20192011-1 3 Notes are a non‑Segregated Series of Notes (as more fully described in the Base Indenture). Accordingly, all references in this Supplement to “all” Series of Notes (and all references in this Supplement to terms defined in the Base Indenture that contain references to “all” Series of Notes) shall refer to all Series of Notes other than Segregated Series of Notes.

Designation. There is hereby created a Series of Notes to be issued pursuant to the Base Indenture and this Supplement, and such Series of Notes shall be designated generally as the “Series 20192013-1 2 Rental Car Asset Backed Notes”. The Series 20192013-1 2 Notes shall be issued in up to five three Classes, the first of which shall be known as the “Class A Notes”, the second of which shall be known as the “Class B Notes”, the third of which shall be known as the “Class C Notes”, the fourth of which shall be known as the “Class R Notes” and the fifth third of which, if issued, shall be known as the “Class D C Notes”. On the Series 20192013-1 2 Closing Date, ABRCF shall issue (i) one tranche of Class A Notes, which shall be designated as the “Series 20192013-1 3.452 2.97% Rental Car Asset Backed Notes, Class A”, ” and (ii) one tranche of Class B Notes, which shall be designated as the “Series 20192013-1 3.702 3.66% Rental Car Asset Backed Notes, Class B”, (iii) one tranche of Class C Notes, which shall be designated as the “Series 2019-1 4.53% Rental Car Asset Backed Notes, Class C” and (iv) one tranche of Class R Notes, which shall be designated the “Series 2019-1 6.192% Rental Car Asset Backed Notes, Class R”. Subsequent to the Series 20192013-1 2 Closing Date, ABRCF may on any date during the Series 20192013-1 2 Revolving Period offer and sell additional Series 20192013-1 2 Notes subject to the conditions set forth in Section 5.15. Such additional Series 20192013-1 2 Notes, if issued, shall be designated as the “Series 20192013-1 2 Fixed Rate Rental Car Asset Backed Notes, Class D” C”, and shall be referred to herein as the “Class D C Notes”. The Class A Notes, Class B Notes, Notes and Class C Notes, Class D Notes, if issued, and Class R Notes collectivelytogether, constitute the Series 20192013-1 2 Notes. The Class B Notes shall be subordinated in right of payment to the Class A Notes, to the extent set forth herein. The Class C Notes Notes, if issued, shall be subordinated in right of payment to the Class A Notes and Class B Notes, to the extent set forth herein. The Class D Notes, if issued, shall be subordinated in right of payment to the Class A Notes, Class B Notes and Class C Notes, to the extent set forth herein. The Class R Notes shall be subordinated to the Class A Notes, the Class B Notes, the Class C Notes and (if issued) the Class D Notes. The proceeds from the sale of the Class A Notes, Class B Notes, Class C Notes and Class R B Notes shall be deposited in the Collection Account and shall be deemed to be Principal Collections. The Series 20192013-1 2 Notes are a non‑Segregated Series of Notes (as more fully described in the Base Indenture). Accordingly, all references in this Supplement to “all” Series of Notes (and all references in this Supplement to terms defined in the Base Indenture that contain references to “all” Series of Notes) shall refer to all Series of Notes other than Segregated Series of Notes.

Designation. There is hereby was created a Series of Notes to be issued pursuant to the Base Indenture and this the Prior Supplement, and such Series of Notes shall be was designated generally as the “Series 20192013-1 2 Rental Car Asset Backed Notes”. .” The Series 20192013-1 2 Notes shall were permitted to be issued in up to five three Classes, the first of which shall be known as the “Class A Notes”, the second of which shall be known as the “Class B Notes”, ” and the third of which shall be known as the “Class C Notes”, the fourth of which shall be known as the “Class R Notes” and the fifth of which, if issued, shall be known as the “Class D Notes”. On the Series 20192013-1 2 Closing Date, ABRCF shall issue issued (i) one tranche of Class A Notes, which shall be was designated as the “Series 20192013-1 3.452 2.97% Rental Car Asset Backed Notes, Class A”, ” and (ii) one tranche of Class B Notes, which shall be was designated as the “Series 20192013-1 3.702 3.66% Rental Car Asset Backed Notes, Class B”. On the Class C Notes Closing Date, (iii) ABRCF shall issue one tranche of Class C Notes, which shall be designated as the “Series 20192013-1 4.532 3.52% Rental Car Asset Backed Notes, Class C” and (iv) one tranche of Class R Notes, which shall be designated the “Series 2019-1 6.192% Rental Car Asset Backed Notes, Class R”. Subsequent to the Series 2019-1 Closing Date, ABRCF may on any date during the Series 2019-1 Revolving Period offer and sell additional Series 2019-1 Notes subject to the conditions set forth in Section 5.15. Such additional Series 2019-1 Notes, if issued, shall be designated as the “Series 2019-1 Rental Car Asset Backed Notes, Class D” and shall be referred to herein as the “Class D Notes”. The Class A Notes, Class B Notes, Notes and Class C Notes, Class D Notes, if issued, and Class R Notes collectivelytogether, constitute the Series 20192013-1 2 Notes. The Class B Notes shall be subordinated in right of payment to the Class A Notes, to the extent set forth herein. The Class C Notes shall be subordinated in right of payment to the Class A Notes and Class B Notes, to the extent set forth herein. The Class D Notes, if issued, shall be subordinated in right of payment to the Class A Notes, Class B Notes and Class C Notes, to the extent set forth herein. The Class R Notes shall be subordinated to the Class A Notes, the Class B Notes, the Class C Notes and (if issued) the Class D Notes. The proceeds from the sale of the Class A Notes, Class B Notes, Class C Notes and Class R B Notes were deposited in the Collection Account and were deemed to be Principal Collections, and the proceeds of the Class C Notes shall be deposited in the Collection Account and shall be deemed to be Principal Collections. The Series 20192013-1 2 Notes are a non‑Segregated Series of Notes (as more fully described in the Base Indenture). Accordingly, all references in this Supplement to “all” Series of Notes (and all references in this Supplement to terms defined in the Base Indenture that contain references to “all” Series of Notes) shall refer to all Series of Notes other than Segregated Series of Notes.

Designation. There is hereby was created a Series of Notes to be issued pursuant to the Base Indenture and this the Prior Supplement, and such Series of Notes shall be was designated generally as the “Series 20192018-1 2 Rental Car Asset Backed Notes”. The Series 20192018-1 2 Notes shall were permitted to be issued in up to five Classes, the first of which shall be is known as the “Class A Notes”, the second of which shall be is known as the “Class B Notes”, the third of which shall be is known as the “Class C Notes”, the fourth of which shall be is known as the “Class R Notes” and the fifth of which, if issued, which shall be known as the “Class D Notes”. On the Series 2019-1 Class A/B/C Notes Closing Date, ABRCF shall issue issued (i) one tranche of Class A Notes, which shall be Notes designated as the “Series 20192018-1 3.452 4.00% Rental Car Asset Backed Notes, Class A”, (ii) one tranche of Class B Notes, which shall be Notes designated as the “Series 20192018-1 3.702 4.27% Rental Car Asset Backed Notes, Class B”, (iii) one tranche of Class C Notes, which shall be Notes designated as the “Series 20192018-1 4.532 4.95% Rental Car Asset Backed Notes, Class C” and (iv) one tranche of Class R Notes, which shall be Notes designated the “Series 20192018-1 6.1922 6.326% Rental Car Asset Backed Notes, Class R”. Subsequent to On the Series 2019-1 Class D Notes Closing Date, ABRCF may on any date during the Series 2019-1 Revolving Period offer and sell additional Series 2019-1 shall issue (i) one tranche of Class D Notes subject to the conditions set forth in Section 5.15. Such additional Series 2019-1 Notes, if issued, shall be designated as the “Series 20192018-1 2 Rental Car Asset Backed Notes, Class D” and shall be referred to herein as the “(ii) Additional Class D R Notes”. The Class A Notes, Class B Notes, Class C Notes, Class D Notes, if issued, Notes and Class R Notes collectively, constitute the Series 20192018-1 2 Notes. The Class B Notes shall be subordinated in right of payment to the Class A Notes, to the extent set forth herein. The Class C Notes shall be subordinated in right of payment to the Class A Notes and Class B Notes, to the extent set forth herein. The Class D Notes, if issued, Notes shall be subordinated in right of payment to the Class A Notes, Class B Notes and Class C Notes, to the extent set forth herein. The Class R Notes shall be subordinated to the Class A Notes, the Class B Notes, the Class C Notes and (if issued) the Class D Notes. The proceeds from the sale of the Class A Notes, Class B Notes, Class C Notes and Class R Notes were deposited in the Collection Account and were deemed to be Principal Collections, and the proceeds from the sale of the Class D Notes and Additional Class R Notes shall be deposited in the Collection Account and shall be deemed to be Principal Collections. The Series 20192018-1 2 Notes are a non‑Segregated non-Segregated Series of Notes (as more fully described in the Base Indenture). Accordingly, all references in this Supplement to “all” Series of Notes (and all references in this Supplement to terms defined in the Base Indenture that contain references to “all” Series of Notes) shall refer to all Series of Notes other than Segregated Series of Notes.

Designation. There is hereby created a Series of Notes to be issued pursuant to the Base Indenture and this Supplement, and such Series of Notes shall be designated generally as the “Series 20192013-1 Rental Car Asset Backed Notes”. The Series 20192013-1 Notes shall be issued in up to five three Classes, the first of which shall be known as the “Class A Notes”, the second of which shall be known as the “Class B Notes”, the third of which shall be known as the “Class C Notes”, the fourth of which shall be known as the “Class R Notes” and the fifth third of which, if issued, shall be known as the “Class D C Notes”. On the Series 20192013-1 Closing Date, ABRCF shall issue (i) one tranche of Class A Notes, which shall be designated as the “Series 20192013-1 3.451.92% Rental Car Asset Backed Notes, Class A”, ” and (ii) one tranche of Class B Notes, which shall be designated as the “Series 20192013-1 3.702.62% Rental Car Asset Backed Notes, Class B”, (iii) one tranche of Class C Notes, which shall be designated as the “Series 2019-1 4.53% Rental Car Asset Backed Notes, Class C” and (iv) one tranche of Class R Notes, which shall be designated the “Series 2019-1 6.192% Rental Car Asset Backed Notes, Class R”. Subsequent to the Series 20192013-1 Closing Date, ABRCF may on any date during the Series 20192013-1 Revolving Period offer and sell additional Series 20192013-1 Notes subject to the conditions set forth in Section 5.15. Such additional Series 20192013-1 Notes, if issued, shall be designated as the “Series 20192013-1 Fixed Rate Rental Car Asset Backed Notes, Class D” C”, and shall be referred to herein as the “Class D C Notes”. The Class A Notes, Class B Notes, Notes and Class C Notes, Class D Notes, if issued, and Class R Notes collectivelytogether, constitute the Series 20192013-1 Notes. The Class B Notes shall be subordinated in right of payment to the Class A Notes, to the extent set forth herein. The Class C Notes Notes, if issued, shall be subordinated in right of payment to the Class A Notes and Class B Notes, to the extent set forth herein. The Class D Notes, if issued, shall be subordinated in right of payment to the Class A Notes, Class B Notes and Class C Notes, to the extent set forth herein. The Class R Notes shall be subordinated to the Class A Notes, the Class B Notes, the Class C Notes and (if issued) the Class D Notes. The proceeds from the sale of the Class A Notes, Class B Notes, Class C Notes and Class R B Notes shall be deposited in the Collection Account and shall be deemed to be Principal Collections. The Series 20192013-1 Notes are a non‑Segregated non-Segregated Series of Notes (as more fully described in the Base Indenture). Accordingly, all references in this Supplement to “all” Series of Notes (and all references in this Supplement to terms defined in the Base Indenture that contain references to “all” Series of Notes) shall refer to all Series of Notes other than Segregated Series of Notes.

Designation. There is hereby created a Series of Notes to be issued pursuant to the Base Indenture and this Supplement, and such Series of Notes shall be designated generally as the “Series 20192011-1 3 Rental Car Asset Backed Notes”. The Series 20192011-1 3 Notes shall be issued in up to five three Classes, the first of which shall be known as the “Class A Notes”, the second of which shall be known as the “Class B Notes”, the third of which shall be known as the “Class C Notes”, the fourth of which shall be known as the “Class R Notes” and the fifth third of which, if issued, shall be known as the “Class D C Notes”. On the Series 20192011-1 3 Closing Date, ABRCF shall issue (i) one tranche of Class A Notes, which shall be designated as the “Series 20192011-1 3.453 3.41% Rental Car Asset Backed Notes, Class A”, A and (ii) one tranche of Class B Notes, which shall be designated as the “Series 20192011-1 3.703 4.74% Rental Car Asset Backed Notes, Class B”, (iii) one tranche of Class C Notes, which shall be designated as the “Series 2019-1 4.53% Rental Car Asset Backed Notes, Class C” and (iv) one tranche of Class R Notes, which shall be designated the “Series 2019-1 6.192% Rental Car Asset Backed Notes, Class R”. B. Subsequent to the Series 20192011-1 3 Closing Date, ABRCF may on any date during the Series 20192011-1 3 Revolving Period offer and sell additional Series 20192011-1 3 Notes subject to the conditions set forth in Section 5.15. Such additional Series 20192011-1 3 Notes, if issued, shall be designated as the “Series 20192011-1 3 Fixed Rate Rental Car Asset Backed Notes, Class D” C, and shall be referred to herein as the “Class D C Notes”. The Class A Notes, Class B Notes, Notes and Class C Notes, Class D Notes, if issued, and Class R Notes collectivelytogether, constitute the Series 20192011-1 3 Notes. The Class B Notes shall be subordinated in right of payment to the Class A Notes, to the extent set forth herein. The Class C Notes Notes, if issued, shall be subordinated in right of payment to the Class A Notes and Class B Notes, to the extent set forth herein. The Class D Notes, if issued, shall be subordinated in right of payment to the Class A Notes, Class B Notes and Class C Notes, to the extent set forth herein. The Class R Notes shall be subordinated to the Class A Notes, the Class B Notes, the Class C Notes and (if issued) the Class D Notes. The proceeds from the sale of the Class A Notes, Class B Notes, Class C Notes and Class R B Notes shall be deposited in the Collection Account and shall be deemed to be Principal Collections. The Series 20192011-1 3 Notes are a non‑Segregated non-Segregated Series of Notes (as more fully described in the Base Indenture). Accordingly, all references in this Supplement to “all” Series of Notes (and all references in this Supplement to terms defined in the Base Indenture that contain references to “all” Series of Notes) shall refer to all Series of Notes other than Segregated Series of Notes.

Designation. There is hereby created a Series of Notes to be issued pursuant to the Base Indenture and this Supplement, and such Series of Notes shall be designated generally as the “Series 20192023-1 4 Rental Car Asset Backed Notes”. The Series 20192023-1 4 Notes shall be issued in up to five Classes, the first of which shall be known as the “Class A Notes”, the second of which shall be known as the “Class B Notes”, the third of which shall be known as the “Class C Notes”, the fourth of which shall be known as the “Class R Notes” and the fifth of which, if issued, shall be known as the “Class D Notes”. On the Series 20192023-1 4 Closing Date, ABRCF shall issue (i) one tranche of Class A Notes, which shall be designated as the “Series 20192023-1 3.454 5.49% Rental Car Asset Backed Notes, Class A”, (ii) one tranche of Class B Notes, which shall be designated as the “Series 20192023-1 3.704 6.32% Rental Car Asset Backed Notes, Class B”, (iii) one tranche of Class C Notes, which shall be designated as the “Series 20192023-1 4.534 7.24% Rental Car Asset Backed Notes, Class C” and (iv) one tranche of Class R Notes, which shall be designated the “Series 20192023-1 6.1924 9.170% Rental Car Asset Backed Notes, Class R”. Subsequent to the Series 20192023-1 4 Closing Date, ABRCF may on any date during the Series 20192023-1 4 Revolving Period offer and sell additional Series 20192023-1 4 Notes subject to the conditions set forth in Section 5.15. Such additional Series 20192023-1 4 Notes, if issued, shall be designated as the “Series 20192023-1 4 Rental Car Asset Backed Notes, Class D” and shall be referred to herein as the “Class D Notes”. The Class A Notes, Class B Notes, Class C Notes, Class D Notes, if issued, and Class R Notes collectively, constitute the Series 20192023-1 4 Notes. The Class B Notes shall be subordinated in right of payment to the Class A Notes, to the extent set forth herein. The Class C Notes shall be subordinated in right of payment to the Class A Notes and Class B Notes, to the extent set forth herein. The Class D Notes, if issued, shall be subordinated in right of payment to the Class A Notes, Class B Notes and Class C Notes, to the extent set forth herein. The Class R Notes shall be subordinated to the Class A Notes, the Class B Notes, the Class C Notes and (if issued) the Class D Notes. The proceeds from the sale of the Class A Notes, Class B Notes, Class C Notes and Class R Notes shall be deposited in the Collection Account and shall be deemed to be Principal Collections. The Series 20192023-1 4 Notes are a non‑Segregated non-Segregated Series of Notes (as more fully described in the Base Indenture). Accordingly, all references in this Supplement to “all” Series of Notes (and all references in this Supplement to terms defined in the Base Indenture that contain references to “all” Series of Notes) shall refer to all Series of Notes other than Segregated Series of Notes.

Designation. There is hereby created a Series of Group I Notes to be issued pursuant to the Base Indenture Group I Supplement and this Series 2016-2 Supplement, and such Series of Group I Notes shall be is hereby designated generally as the “Series 20192016-1 2 Rental Car Asset Backed Notes”. The On the Series 20192016-1 2 Closing Date, four classes of Series 2016-2 Rental Car Asset Backed Notes shall be issued in up to five Classes, issued: the first of which shall be known designated as the Series 2016-2 2.95% Rental Car Asset Backed Notes, Class A, and referred to herein as the “Class A Notes”, the second of which shall be known designated as the Series 2016-2 3.94% Rental Car Asset Backed Notes, Class B, and referred to herein as the “Class B Notes”, the third of which shall be known as the “Class C Notes”, the fourth of which shall be known as the “Class R Notes” and the fifth of which, if issued, shall be known as the “Class D Notes”. On the Series 2019-1 Closing Date, ABRCF shall issue (i) one tranche of Class A Notes, which shall be designated as the “Series 20192016-1 3.45% Rental Car Asset Backed Notes, Class A”, (ii) one tranche of Class B Notes, which shall be designated as the “Series 2019-1 3.70% Rental Car Asset Backed Notes, Class B”, (iii) one tranche of Class C Notes, which shall be designated as the “Series 2019-1 4.532 4.99% Rental Car Asset Backed Notes, Class C” , and (iv) one tranche referred to herein as the “Class C Notes”, and the fourth of Class R Notes, which shall be designated as the “Series 20192016-1 6.1922 5.97% Rental Car Asset Backed Notes, Class R”. Subsequent to the Series 2019-1 Closing DateD, ABRCF may on any date during the Series 2019-1 Revolving Period offer and sell additional Series 2019-1 Notes subject to the conditions set forth in Section 5.15. Such additional Series 2019-1 Notes, if issued, shall be designated as the “Series 2019-1 Rental Car Asset Backed Notes, Class D” and shall be referred to herein as the “Class D Notes”. The Class A Notes, Class B Notes, Class C Notes, Class D Notes, if issued, and Class R Notes collectively, constitute Subsequent to the Series 20192016-1 Notes. The Class B 2 Closing Date, HVF II may on any date during the Series 2016-2 Revolving Period offer and sell additional Series 2016-2 Notes shall be subordinated in right a single class, subject to satisfaction of payment to the Class A Notes, to the extent conditions set forth herein. The Class C Notes shall be subordinated in right Section 9.18 of payment to the Class A Notes and Class B Notesthis Series 2016-2 Supplement, to the extent set forth herein. The Class D Noteswhich, if issued, shall be subordinated in right of payment to designated as the Class A Series 2016-2 Fixed Rate Rental Car Asset Backed Notes, Class B Notes E, and referred to herein as the “Class C E Notes, to the extent set forth herein. The Class R Notes shall be subordinated to the Class A Notes, the Class B Notes, the Class C Notes and (if issued) the Class D Notes. The proceeds from the sale of the Class A Notes, Class B Notes, Class C Notes and Class R Notes shall be deposited in the Collection Account and shall be deemed to be Principal Collections. The Series 2019-1 Notes are a non‑Segregated Series of Notes (as more fully described in the Base Indenture). Accordingly, all references in this Supplement to “all” Series of Notes (and all references in this Supplement to terms defined in the Base Indenture that contain references to “all” Series of Notes) shall refer to all Series of Notes other than Segregated Series of Notes”.

Designation. There is hereby created a Series of Notes to be issued pursuant to the Base Indenture and this Supplement, Series Supplement and such Series of Notes shall be designated generally as the “Series 20192004-1 Rental Car Asset Backed Auction Rate Notes”. The Series 20192004-1 Notes (as defined herein) shall be issued in seven classes: (i) the first of which shall be designated as the Series 2004-1 Rental Car Asset Backed Auction Rate Notes, Class A-1, and referred to herein as the “Class A-1 Notes”, (ii) the second of which shall be designated as the Series 2004-1 Rental Car Asset Backed Auction Rate Notes, Class A-2, and referred to herein as the “Class A-2 Notes”, (iii) the third of which shall be designated as the Series 2004-1 Rental Car Asset Backed Auction Rate Notes, Class A-3, and referred to herein as the “Class A-3 Notes”, (iv) the fourth of which shall be designated as the Series 2004-1 Rental Car Asset Backed Auction Rate Notes, Class A-4, and referred to herein as the “Class A-4 Notes”, (v) the fifth of which shall be designated as the Series 2004-1 Rental Car Asset Backed Auction Rate Notes, Class A-5, and referred to herein as the “Class A-5 Notes”, (vi) the sixth of which shall be designated as the Series 2004-1 Rental Car Asset Backed Auction Rate Notes, Class A-6, and referred to herein as the “Class A-6 Notes”, and (vii) the seventh of which shall be designated as the Series 2004-1 Rental Car Asset Backed Auction Rate Notes, Class A-7, and referred to herein as the “Class A-7 Notes”. The Class A-1 Notes, the Class A-2 Notes, the Class A-3 Notes, the Class A-4 Notes, the Class A-5 Notes, the Class A-6 Notes and the Class A-7 Notes are collectively referred to herein as the “Series 2004-1 Notes”. The Series 2004-1 Notes shall be issued in up to five Classes, the first minimum denominations of which shall be known as the “Class A Notes”, the second $50,000 and integral multiples of which shall be known as the “Class B Notes”, the third of which shall be known as the “Class C Notes”, the fourth of which shall be known as the “Class R Notes” and the fifth of which, if issued, shall be known as the “Class D Notes”. On the Series 2019-1 Closing Date, ABRCF shall issue (i) one tranche of Class A Notes, which shall be designated as the “Series 2019-1 3.45% Rental Car Asset Backed Notes, Class A”, (ii) one tranche of Class B Notes, which shall be designated as the “Series 2019-1 3.70% Rental Car Asset Backed Notes, Class B”, (iii) one tranche of Class C Notes, which shall be designated as the “Series 2019-1 4.53% Rental Car Asset Backed Notes, Class C” and (iv) one tranche of Class R Notes, which shall be designated the “Series 2019-1 6.192% Rental Car Asset Backed Notes, Class R”. Subsequent to the Series 2019-1 Closing Date, ABRCF may on any date during the Series 2019-1 Revolving Period offer and sell additional Series 2019-1 Notes subject to the conditions set forth $50,000 in Section 5.15. Such additional Series 2019-1 Notes, if issued, shall be designated as the “Series 2019-1 Rental Car Asset Backed Notes, Class D” and shall be referred to herein as the “Class D Notes”excess thereof. The Class A Notes, Class B Notes, Class C Notes, Class D Notes, if issued, and Class R Notes collectively, constitute the Series 2019-1 Notes. The Class B Notes shall be subordinated in right of payment to the Class A Notes, to the extent set forth herein. The Class C Notes shall be subordinated in right of payment to the Class A Notes and Class B Notes, to the extent set forth herein. The Class D Notes, if issued, shall be subordinated in right of payment to the Class A Notes, Class B Notes and Class C Notes, to the extent set forth herein. The Class R Notes shall be subordinated to the Class A Notes, the Class B Notes, the Class C Notes and (if issued) the Class D Notes. The net proceeds from the sale of the Class A Notes, Class B Notes, Class C Series 2004-1 Notes and Class R Notes the net proceeds from any Increase (as defined herein) shall be deposited in the Collection Account and shall be deemed used to be Principal Collectionsfund increases in the principal amounts of the Leasing Company Notes and/or to reduce the principal amount of other Series of Notes. The Series 20192004-1 Notes are a non‑Segregated non-Segregated Series of Notes (as more fully described in the Base Indenture)) sharing in the Collateral. Accordingly, all references in this Series Supplement to “all” Series of Notes (and all references in this Series Supplement to terms defined in the Base Indenture that contain references to “all” Series of Notes) shall refer to all Series of Notes other than Segregated Series of Notes. In addition, the Series 2004-1 Notes are hereby designated as a Series of Group I Notes and this Series Supplement is hereby designated as a Group I Supplement. The Series 2004-1 Notes do not have any rights in any collateral granted to the Trustee other than the Collateral.

Designation. There is hereby created a Series of Group I Notes to be issued pursuant to the Base Indenture Group I Supplement and this Series 2018-1 Supplement, and such Series of Group I Notes shall be is hereby designated generally as the “Series 20192018-1 Rental Car Asset Backed Notes”. The On the Series 20192018-1 Closing Date, five classes of Series 2018-1 Rental Car Asset Backed Notes shall be issued in up to five Classes, issued: the first of which shall be known designated as the Series 2018-1 3.29% Rental Car Asset Backed Notes, Class A, and referred to herein as the “Class A Notes”, the second of which shall be known designated as the Series 2018-1 3.60% Rental Car Asset Backed Notes, Class B, and referred to herein as the “Class B Notes”, the third of which shall be known designated as the Series 2018-1 4.39% Rental Car Asset Backed Notes, Class C, and referred to herein as the “Class C Notes”, the fourth of which shall be known as the “Class R Notes” and the fifth of which, if issued, shall be known as the “Class D Notes”. On the Series 2019-1 Closing Date, ABRCF shall issue (i) one tranche of Class A Notes, which shall be designated as the “Series 20192018-1 3.455.86% Rental Car Asset Backed Notes, Class A”D, (ii) one tranche of Class B Notes, which shall be designated as the “Series 2019-1 3.70% Rental Car Asset Backed Notes, Class B”, (iii) one tranche of Class C Notes, which shall be designated as the “Series 2019-1 4.53% Rental Car Asset Backed Notes, Class C” and (iv) one tranche of Class R Notes, which shall be designated the “Series 2019-1 6.192% Rental Car Asset Backed Notes, Class R”. Subsequent to the Series 2019-1 Closing Date, ABRCF may on any date during the Series 2019-1 Revolving Period offer and sell additional Series 2019-1 Notes subject to the conditions set forth in Section 5.15. Such additional Series 2019-1 Notes, if issued, shall be designated as the “Series 2019-1 Rental Car Asset Backed Notes, Class D” and shall be referred to herein as the “Class D Notes”, and the fifth of which shall be designated as the Series 2018-1 7.32% Rental Car Asset Backed Notes, Class RR, and referred to herein as the “Class RR Notes”. Subsequent to the Series 2018-1 Closing Date, HVF II may on any date during the Series 2018-1 Revolving Period offer and sell additional Series 2018-1 Notes in a single class, subject to satisfaction of the conditions set forth in Section 9.18 of this Series 2018-1 Supplement, which, if issued, shall be designated as the Series 2018-1 Fixed Rate Rental Car Asset Backed Notes, Class E, and referred to herein as the “Class E Notes”. The Class A Notes, the Class B Notes, the Class C Notes, the Class D Notes, if issued, and Class R Notes collectively, constitute the Series 2019-1 Notes. The Class B Notes shall be subordinated in right of payment to the Class A RR Notes, to the extent set forth herein. The Class C Notes shall be subordinated in right of payment to the Class A Notes and Class B Notes, to the extent set forth herein. The Class D Notesand, if issued, shall be subordinated in right of payment to the Class A E Notes, Class B Notes and Class C are referred to herein collectively as the “Series 2018-1 Notes, to the extent set forth herein”. The Class R Notes shall be subordinated to the Class A Notes, the Class B Notes, the Class C Notes and (if issued) the Class D Notes are referred to herein collectively as the “Class A/B/C/D Notes”. The proceeds from the sale of the Class A Notes, Class B Notes, Class A/B/C Notes and Class R Notes shall be deposited issued in minimum denominations of $100,000 and integral multiples of $1,000 in excess thereof. The Class D Notes and the Collection Account and Class RR Notes shall be deemed to be Principal Collections. The Series 2019-1 Notes are a non‑Segregated Series issued in minimum denominations of Notes (as more fully described $5,000,000 and integral multiples of $1,000 in the Base Indenture). Accordingly, all references in this Supplement to “all” Series of Notes (and all references in this Supplement to terms defined in the Base Indenture that contain references to “all” Series of Notes) shall refer to all Series of Notes other than Segregated Series of Notesexcess thereof.

Designation. There is hereby created a Series of Notes to be issued pursuant to the Base Indenture and this Supplement, Series Supplement and such Series of Notes shall be designated generally as the “Series 20192009-1 2 Rental Car Asset Backed Notes”. The On the Series 20192009-1 2 Closing Date, two classes of Series 2009-2 Notes shall be issued in up to five Classes, issued: the first of which shall be known as the “Class A Notes”, the second of which shall be known as the “Class B Notes”, the third of which shall be known as the “Class C Notes”, the fourth of which shall be known as the “Class R Notes” and the fifth of which, if issued, shall be known as the “Class D Notes”. On the Series 2019-1 Closing Date, ABRCF shall issue (i) one tranche of Class A Notes, which shall be designated as the “Series 20192009-1 3.452 4.26% Rental Car Asset Backed Notes, Class A”A-1, (ii) one tranche of and referred to herein as the Class B A-1 Notes, and the second of which shall be designated as the “Series 20192009-1 3.702 5.29% Rental Car Asset Backed Notes, Class B”, (iii) one tranche of Class C Notes, which shall be designated A-2 and referred to herein as the “Series 2019-1 4.53% Rental Car Asset Backed Class A-2 Notes, . The Class C” A-1 Notes and (iv) one tranche of the Class R A-2 Notes are referred to herein collectively as the Class A Notes, which shall be designated the “Series 2019-1 6.192% Rental Car Asset Backed Notes, Class R”. Subsequent to the Series 20192009-1 2 Closing Date, ABRCF HVF may on any date during the Series 20192009-1 2 Revolving Period offer and sell additional Series 20192009-1 2 Notes in up to two classes, subject to the satisfaction of the conditions set forth in Section 5.15. Such additional 6.19 of this Series 2019-1 NotesSupplement: the first of which, if issued, shall be designated as the “Series 20192009-1 2 Fixed Rate Rental Car Asset Backed Notes, Class D” B-1, and shall be referred to herein as the “Class D B-1 Notes” and the second of which, if issued, shall be designated as the Series 2009-2 Fixed Rate Rental Car Asset Backed Notes, Class B-2, and referred to herein as the “Class B-2 Notes”. The Class B-1 Notes and the Class B-2 Notes are referred to herein collectively as the “Class B Notes”. The Class A Notes, Notes together with the Class B Notes, Class C Notes, Class D Notes, if issued, and Class R Notes collectively, constitute are referred to herein collectively as the Series 20192009-1 2 Notes. The Class B Series 2009-2 Notes shall be subordinated issued in right minimum denominations of payment to the Class A Notes, to the extent set forth herein$100,000 and integral multiples of $1,000 in excess thereof. The Class C Notes shall be subordinated in right of payment to the Class A Notes and Class B Notes, to the extent set forth herein. The Class D Notes, if issued, shall be subordinated in right of payment to the Class A Notes, Class B Notes and Class C Notes, to the extent set forth herein. The Class R Notes shall be subordinated to the Class A Notes, the Class B Notes, the Class C Notes and (if issued) the Class D Notes. The net proceeds from the sale of the Class A Notes, Class B Notes, Class C Notes and Class R Notes shall be deposited in the Series 2009-2 Excess Collection Account and shall be deemed to be Principal Collections. The applied in accordance with this Series 2019-1 Notes are a non‑Segregated Series of Notes (as more fully described in the Base Indenture). Accordingly, all references in this Supplement to “all” Series of Notes (and all references in this Supplement to terms defined in the Base Indenture that contain references to “all” Series of Notes) shall refer to all Series of Notes other than Segregated Series of NotesSupplement.

Designation. There is hereby created a Series of Notes to be issued pursuant to the Base Indenture and this Supplement, and such Series of Notes shall be designated generally as the “Series 20192023-1 2 Rental Car Asset Backed Notes”. The Series 20192023-1 2 Notes shall be issued in up to five Classes, the first of which shall be known as the “Class A Notes”, the second of which shall be known as the “Class B Notes”, the third of which shall be known as the “Class C Notes”, the fourth of which shall be known as the “Class R Notes” and the fifth of which, if issued, shall be known as the “Class D Notes”. On the Series 20192023-1 2 Closing Date, ABRCF shall issue (i) one tranche of Class A Notes, which shall be designated as the “Series 20192023-1 3.452 5.20% Rental Car Asset Backed Notes, Class A”, (ii) one tranche of Class B Notes, which shall be designated as the “Series 20192023-1 3.702 6.03% Rental Car Asset Backed Notes, Class B”, (iii) one tranche of Class C Notes, which shall be designated as the “Series 20192023-1 4.532 8.55% Rental Car Asset Backed Notes, Class C” and (iv) one tranche of Class R Notes, which shall be designated the “Series 20192023-1 6.1922 10.476% Rental Car Asset Backed Notes, Class R”. Subsequent to the Series 20192023-1 2 Closing Date, ABRCF may on any date during the Series 20192023-1 2 Revolving Period offer and sell additional Series 20192023-1 2 Notes subject to the conditions set forth in Section 5.15. Such additional Series 20192023-1 2 Notes, if issued, shall be designated as the “Series 20192023-1 2 Rental Car Asset Backed Notes, Class D” and shall be referred to herein as the “Class D Notes”. The Class A Notes, Class B Notes, Class C Notes, Class D Notes, if issued, and Class R Notes collectively, constitute the Series 20192023-1 2 Notes. The Class B Notes shall be subordinated in right of payment to the Class A Notes, to the extent set forth herein. The Class C Notes shall be subordinated in right of payment to the Class A Notes and Class B Notes, to the extent set forth herein. The Class D Notes, if issued, shall be subordinated in right of payment to the Class A Notes, Class B Notes and Class C Notes, to the extent set forth herein. The Class R Notes shall be subordinated to the Class A Notes, the Class B Notes, the Class C Notes and (if issued) the Class D Notes. The proceeds from the sale of the Class A Notes, Class B Notes, Class C Notes and Class R Notes shall be deposited in the Collection Account and shall be deemed to be Principal Collections. The Series 20192023-1 2 Notes are a non‑Segregated non-Segregated Series of Notes (as more fully described in the Base Indenture). Accordingly, all references in this Supplement to “all” Series of Notes (and all references in this Supplement to terms defined in the Base Indenture that contain references to “all” Series of Notes) shall refer to all Series of Notes other than Segregated Series of Notes.

Designation. There is hereby created a Series of Notes to be issued pursuant to the Base Indenture and this Supplement, and such Series of Notes shall be designated generally as the “Series 20192023-1 5 Rental Car Asset Backed Notes”. The Series 20192023-1 5 Notes shall be issued in up to five Classes, the first of which shall be known as the “Class A Notes”, the second of which shall be known as the “Class B Notes”, the third of which shall be known as the “Class C Notes”, the fourth of which shall be known as the “Class R Notes” and the fifth of which, if issued, shall be known as the “Class D Notes”. On the Series 20192023-1 5 Closing Date, ABRCF shall issue (i) one tranche of Class A Notes, which shall be designated as the “Series 20192023-1 3.455 5.78% Rental Car Asset Backed Notes, Class A”, (ii) one tranche of Class B Notes, which shall be designated as the “Series 20192023-1 3.705 6.12% Rental Car Asset Backed Notes, Class B”, (iii) one tranche of Class C Notes, which shall be designated as the “Series 20192023-1 4.535 6.85% Rental Car Asset Backed Notes, Class C” and (iv) one tranche of Class R Notes, which shall be designated the “Series 20192023-1 6.1925 8.768% Rental Car Asset Backed Notes, Class R”. Subsequent to the Series 20192023-1 5 Closing Date, ABRCF may on any date during the Series 20192023-1 5 Revolving Period offer and sell additional Series 20192023-1 5 Notes subject to the conditions set forth in Section 5.15. Such additional Series 20192023-1 5 Notes, if issued, shall be designated as the “Series 20192023-1 5 Rental Car Asset Backed Notes, Class D” and shall be referred to herein as the “Class D Notes”. The Class A Notes, Class B Notes, Class C Notes, Class D Notes, if issued, and Class R Notes collectively, constitute the Series 20192023-1 5 Notes. The Class B Notes shall be subordinated in right of payment to the Class A Notes, to the extent set forth herein. The Class C Notes shall be subordinated in right of payment to the Class A Notes and Class B Notes, to the extent set forth herein. The Class D Notes, if issued, shall be subordinated in right of payment to the Class A Notes, Class B Notes and Class C Notes, to the extent set forth herein. The Class R Notes shall be subordinated to the Class A Notes, the Class B Notes, the Class C Notes and (if issued) the Class D Notes. The proceeds from the sale of the Class A Notes, Class B Notes, Class C Notes and Class R Notes shall be deposited in the Collection Account and shall be deemed to be Principal Collections. The Series 20192023-1 5 Notes are a non‑Segregated non-Segregated Series of Notes (as more fully described in the Base Indenture). Accordingly, all references in this Supplement to “all” Series of Notes (and all references in this Supplement to terms defined in the Base Indenture that contain references to “all” Series of Notes) shall refer to all Series of Notes other than Segregated Series of Notes.

Designation. There is hereby created a Series of Notes to be issued pursuant to the Base Indenture and this Supplement, and such Series of Notes shall be designated generally as the “Series 2019-1 2 Rental Car Asset Backed Notes”. The Series 2019-1 2 Notes shall be issued in up to five Classes, the first of which shall be known as the “Class A Notes”, the second of which shall be known as the “Class B Notes”, the third of which shall be known as the “Class C Notes”, the fourth of which shall be known as the “Class R Notes” and the fifth of which, if issued, shall be known as the “Class D Notes”. On the Series 2019-1 2 Closing Date, ABRCF shall issue (i) one tranche of Class A Notes, which shall be designated as the “Series 2019-1 3.452 3.35% Rental Car Asset Backed Notes, Class A”, (ii) one tranche of Class B Notes, which shall be designated as the “Series 2019-1 3.702 3.55% Rental Car Asset Backed Notes, Class B”, (iii) one tranche of Class C Notes, which shall be designated as the “Series 2019-1 4.532 4.24% Rental Car Asset Backed Notes, Class C” and (iv) one tranche of Class R Notes, which shall be designated the “Series 2019-1 6.1922 5.926% Rental Car Asset Backed Notes, Class R”. Subsequent to the Series 2019-1 2 Closing Date, ABRCF may on any date during the Series 2019-1 2 Revolving Period offer and sell additional Series 2019-1 2 Notes subject to the conditions set forth in Section 5.15. Such additional Series 2019-1 2 Notes, if issued, shall be designated as the “Series 2019-1 2 Rental Car Asset Backed Notes, Class D” and shall be referred to herein as the “Class D Notes”. The Class A Notes, Class B Notes, Class C Notes, Class D Notes, if issued, and Class R Notes collectively, constitute the Series 2019-1 2 Notes. The Class B Notes shall be subordinated in right of payment to the Class A Notes, to the extent set forth herein. The Class C Notes shall be subordinated in right of payment to the Class A Notes and Class B Notes, to the extent set forth herein. The Class D Notes, if issued, shall be subordinated in right of payment to the Class A Notes, Class B Notes and Class C Notes, to the extent set forth herein. The Class R Notes shall be subordinated to the Class A Notes, the Class B Notes, the Class C Notes and (if issued) the Class D Notes. The proceeds from the sale of the Class A Notes, Class B Notes, Class C Notes and Class R Notes shall be deposited in the Collection Account and shall be deemed to be Principal Collections. The Series 2019-1 2 Notes are a non‑Segregated Series of Notes (as more fully described in the Base Indenture). Accordingly, all references in this Supplement to “all” Series of Notes (and all references in this Supplement to terms defined in the Base Indenture that contain references to “all” Series of Notes) shall refer to all Series of Notes other than Segregated Series of Notes.

Designation. There is hereby was created a Series of Notes to be issued pursuant to the Base Indenture and this the Prior Supplement, and such Series of Notes shall be was designated generally as the “Series 20192013-1 Rental Car Asset Backed Notes”. .” The Series 20192013-1 Notes shall were permitted to be issued in up to five three Classes, the first of which shall be known as the “Class A Notes”, the second of which shall be known as the “Class B Notes”, ” and the third of which shall be known as the “Class C Notes”, the fourth of which shall be known as the “. NEWYORK 8960494 (2K)A&R Series 2013-1 Supplement (Class R Notes” and the fifth of which, if issued, shall be known as the “Class D Notes”. C Note issuance) 1 On the Series 20192013-1 Closing Date, ABRCF shall issue issued (i) one tranche of Class A Notes, which shall be was designated as the “Series 20192013-1 3.451.92% Rental Car Asset Backed Notes, Class A”, ” and (ii) one tranche of Class B Notes, which shall be was designated as the “Series 20192013-1 3.702.62% Rental Car Asset Backed Notes, Class B”. On the Class C Notes Closing Date, (iii) ABRCF shall issue one tranche of Class C Notes, which shall be designated as the “Series 20192013-1 4.534.42% Rental Car Asset Backed Notes, Class C” and (iv) one tranche of Class R Notes, which shall be designated the “Series 2019-1 6.192% Rental Car Asset Backed Notes, Class R”. Subsequent to the Series 2019-1 Closing Date, ABRCF may on any date during the Series 2019-1 Revolving Period offer and sell additional Series 2019-1 Notes subject to the conditions set forth in Section 5.15. Such additional Series 2019-1 Notes, if issued, shall be designated as the “Series 2019-1 Rental Car Asset Backed Notes, Class D” and shall be referred to herein as the “Class D Notes”. The Class A Notes, Class B Notes, Notes and Class C Notes, Class D Notes, if issued, and Class R Notes collectivelytogether, constitute the Series 20192013-1 Notes. The Class B Notes shall be subordinated in right of payment to the Class A Notes, to the extent set forth herein. The Class C Notes shall be subordinated in right of payment to the Class A Notes and Class B Notes, to the extent set forth herein. The Class D Notes, if issued, shall be subordinated in right of payment to the Class A Notes, Class B Notes and Class C Notes, to the extent set forth herein. The Class R Notes shall be subordinated to the Class A Notes, the Class B Notes, the Class C Notes and (if issued) the Class D Notes. The proceeds from the sale of the Class A Notes, Class B Notes, Class C Notes and Class R B Notes were deposited in the Collection Account and were deemed to be Principal Collections, and the proceeds of the Class C Notes shall be deposited in the Collection Account and shall be deemed to be Principal Collections. The Series 20192013-1 Notes are a non‑Segregated Series of Notes (as more fully described in the Base Indenture). Accordingly, all references in this Supplement to “all” Series of Notes (and all references in this Supplement to terms defined in the Base Indenture that contain references to “all” Series of Notes) shall refer to all Series of Notes other than Segregated Series of Notes.

Designation. There is hereby created a Series of Notes to be issued pursuant to the Base Indenture and this Supplement, Series Supplement and such Series of Notes shall be designated generally as the “Series 20192005-1 Rental Car Asset Backed Notes”. The Series 20192005-1 Notes (as defined herein) shall be issued in up to five Classes, six classes: (i) the first of which shall be known as the “Class A Notes”, the second of which shall be known as the “Class B Notes”, the third of which shall be known as the “Class C Notes”, the fourth of which shall be known as the “Class R Notes” and the fifth of which, if issued, shall be known as the “Class D Notes”. On the Series 2019-1 Closing Date, ABRCF shall issue (i) one tranche of Class A Notes, which shall be designated as the “Series 20192005-1 3.454.02% Rental Car Asset Backed Notes, Class AA-1, and referred to herein as the “Class A-1 Notes”, (ii) one tranche the second of Class B Notes, which shall be designated as the “Series 20192005-1 3.70Floating Rate Rental Car Asset Backed Notes, Class A-2, and referred to herein as the “Class A-2 Notes”, (iii) the third of which shall be designated as the Series 2005-1 4.29% Rental Car Asset Backed Notes, Class B”A-3, and referred to herein as the “Class A-3 Notes” and (iiiiv) one tranche the fourth of Class C Notes, which shall be designated as the “Series 20192005-1 4.53% Floating Rate Rental Car Asset Backed Notes, Class C” A-4, and (iv) one tranche of Class R Notes, which shall be designated the “Series 2019-1 6.192% Rental Car Asset Backed Notes, Class R”. Subsequent to the Series 2019-1 Closing Date, ABRCF may on any date during the Series 2019-1 Revolving Period offer and sell additional Series 2019-1 Notes subject to the conditions set forth in Section 5.15. Such additional Series 2019-1 Notes, if issued, shall be designated as the “Series 2019-1 Rental Car Asset Backed Notes, Class D” and shall be referred to herein as the “Class D A-4 Notes”. The Class A Notes, Class B Notes, Class C Notes, Class D Notes, if issued, and Class R Notes collectively, constitute the Series 2019-1 Notes. The Class B Notes shall be subordinated in right of payment to the Class A Notes, to the extent set forth herein. The Class C Notes shall be subordinated in right of payment to the Class A Notes and Class B Notes, to the extent set forth herein. The Class D Notes, if issued, shall be subordinated in right of payment to the Class A Notes, Class B Notes and Class C Notes, to the extent set forth herein. The Class R Notes shall be subordinated to the Class A A-1 Notes, the Class B A-2 Notes, the Class C A-3 Notes and (if issued) the Class D A-4 Notes are collectively referred to herein as the “Series 2005-1 Notes”. The Series 2005-1 Notes shall be issued in minimum denominations of $200,000 and integral multiples of $1,000 in excess thereof. The net proceeds from the sale of the Class A Notes, Class B Notes, Class C Notes and Class R Series 2005-1 Notes shall be deposited in the Series 2005-1 Collection Account and shall be deemed used to be Principal Collectionsfund increases in the principal amounts of the Leasing Company Notes to the extent that the Leasing Companies have requested funding thereunder and to make payments in reduction of the Invested Amount of other Series of Group I Notes from time to time. The Series 20192005-1 Notes are a non‑Segregated non-Segregated Series of Notes (as more fully described in the Base Indenture)) sharing in the Collateral. Accordingly, all references in this Series Supplement to “all” Series of Notes (and all references in this Series Supplement to terms defined in the Base Indenture that contain references to “all” Series of Notes) shall refer to all Series of Notes other than Segregated Series of Notes. In addition, the Series 2005-1 Notes are hereby designated as a Series of Group I Notes and this Series Supplement is hereby designated as a Group I Supplement. The Series 2005-1 Notes do not have any rights in any collateral granted to the Trustee other than the Collateral.

Designation. There is hereby created a Series of Notes to be issued pursuant to the Base Indenture and this Supplement, and such Series of Notes shall be designated generally as the “Series 20192018-1 2 Rental Car Asset Backed Notes”. The Series 20192018-1 2 Notes shall be issued in up to five Classes, the first of which shall be known as the “Class A Notes”, the second of which shall be known as the “Class B Notes”, the third of which shall be known as the “Class C Notes”, the fourth of which shall be known as the “Class R Notes” and the fifth of which, if issued, shall be known as the “Class D Notes”. On the Series 20192018-1 2 Closing Date, ABRCF shall issue (i) one tranche of Class A Notes, which shall be designated as the “Series 20192018-1 3.452 4.00% Rental Car Asset Backed Notes, Class A”, (ii) one tranche of Class B Notes, which shall be designated as the “Series 20192018-1 3.702 4.27% Rental Car Asset Backed Notes, Class B”, (iii) one tranche of Class C Notes, which shall be designated as the “Series 20192018-1 4.532 4.95% Rental Car Asset Backed Notes, Class C” and (iv) one tranche of Class R Notes, which shall be designated the “Series 20192018-1 6.1922 6.326% Rental Car Asset Backed Notes, Class R”. Subsequent to the Series 20192018-1 2 Closing Date, ABRCF may on any date during the Series 20192018-1 2 Revolving Period offer and sell additional Series 20192018-1 2 Notes subject to the conditions set forth in Section 5.15. Such additional Series 20192018-1 2 Notes, if issued, shall be designated as the “Series 20192018-1 2 Rental Car Asset Backed Notes, Class D” and shall be referred to herein as the “Class D Notes”. The Class A Notes, Class B Notes, Class C Notes, Class D Notes, if issued, and Class R Notes collectively, constitute the Series 20192018-1 2 Notes. The Class B Notes shall be subordinated AMERICAS 96004183 1 in right of payment to the Class A Notes, to the extent set forth herein. The Class C Notes shall be subordinated in right of payment to the Class A Notes and Class B Notes, to the extent set forth herein. The Class D Notes, if issued, shall be subordinated in right of payment to the Class A Notes, Class B Notes and Class C Notes, to the extent set forth herein. The Class R Notes shall be subordinated to the Class A Notes, the Class B Notes, the Class C Notes and (if issued) the Class D Notes. The proceeds from the sale of the Class A Notes, Class B Notes, Class C Notes and Class R Notes shall be deposited in the Collection Account and shall be deemed to be Principal Collections. The Series 20192018-1 2 Notes are a non‑Segregated Series of Notes (as more fully described in the Base Indenture). Accordingly, all references in this Supplement to “all” Series of Notes (and all references in this Supplement to terms defined in the Base Indenture that contain references to “all” Series of Notes) shall refer to all Series of Notes other than Segregated Series of Notes.

Designation. There is hereby created a Series of Notes to be issued pursuant to the Base Indenture and this Supplement, and such Series of Notes shall be designated generally as the “Series 20192023-1 3 Rental Car Asset Backed Notes”. The Series 20192023-1 3 Notes shall be issued in up to five Classes, the first of which shall be known as the “Class A Notes”, the second of which shall be known as the “Class B Notes”, the third of which shall be known as the “Class C Notes”, the fourth of which shall be known as the “Class R Notes” and the fifth of which, if issued, shall be known as the “Class D Notes”. On the Series 20192023-1 3 Closing Date, ABRCF shall issue (i) one tranche of Class A Notes, which shall be designated as the “Series 20192023-1 3.453 5.44% Rental Car Asset Backed Notes, Class A”, (ii) one tranche of Class B Notes, which shall be designated as the “Series 20192023-1 3.703 6.12% Rental Car Asset Backed Notes, Class B”, (iii) one tranche of Class C Notes, which shall be designated as the “Series 20192023-1 4.533 7.05% Rental Car Asset Backed Notes, Class C” and (iv) one tranche of Class R Notes, which shall be designated the “Series 20192023-1 6.1923 8.964% Rental Car Asset Backed Notes, Class R”. Subsequent to the Series 20192023-1 3 Closing Date, ABRCF may on any date during the Series 20192023-1 3 Revolving Period offer and sell additional Series 20192023-1 3 Notes subject to the conditions set forth in Section 5.15. Such additional Series 20192023-1 3 Notes, if issued, shall be designated as the “Series 20192023-1 3 Rental Car Asset Backed Notes, Class D” and shall be referred to herein as the “Class D Notes”. The Class A Notes, Class B Notes, Class C Notes, Class D Notes, if issued, and Class R Notes collectively, constitute the Series 20192023-1 3 Notes. The Class B Notes shall be subordinated in right of payment to the Class A Notes, to the extent set forth herein. The Class C Notes shall be subordinated in right of payment to the Class A Notes and Class B Notes, to the extent set forth herein. The Class D Notes, if issued, shall be subordinated in right of payment to the Class A Notes, Class B Notes and Class C Notes, to the extent set forth herein. The Class R Notes shall be subordinated to the Class A Notes, the Class B Notes, the Class C Notes and (if issued) the Class D Notes. The proceeds from the sale of the Class A Notes, Class B Notes, Class C Notes and Class R Notes shall be deposited in the Collection Account and shall be deemed to be Principal Collections. The Series 20192023-1 3 Notes are a non‑Segregated non-Segregated Series of Notes (as more fully described in the Base Indenture). Accordingly, all references in this Supplement to “all” Series of Notes (and all references in this Supplement to terms defined in the Base Indenture that contain references to “all” Series of Notes) shall refer to all Series of Notes other than Segregated Series of Notes.

Designation. There is hereby created a Series of Notes to be issued pursuant to the Base Indenture and this Supplement, and such Series of Notes shall be designated generally as the “Series 20192014-1 Rental Car Asset Backed Notes”. The Series 20192014-1 Notes shall be issued in up to five three Classes, the first of which shall be known as the “Class A Notes”, the second of which shall be known as the “Class B Notes”, ” and the third of which shall be known as the “Class C Notes”, the fourth of which shall be known as the “Class R Notes” and the fifth of which, if issued, shall be known as the “Class D Notes”. On the Series 20192014-1 Closing Date, ABRCF shall issue (i) one tranche of Class A Notes, which shall be designated as the “Series 20192014-1 3.452.46% Rental Car Asset Backed Notes, Class A”, (ii) one tranche of Class B Notes, which shall be designated as the “Series 20192014-1 3.702.96% Rental Car Asset Backed Notes, Class B”, ” and (iii) one tranche of Class C Notes, which shall be designated as the “Series 20192014-1 4.533.75% Rental Car Asset Backed Notes, Class C” and (iv) one tranche of Class R Notes, which shall be designated the “Series 2019-1 6.192% Rental Car Asset Backed Notes, Class R”. Subsequent to the Series 2019-1 Closing Date, ABRCF may on any date during the Series 2019-1 Revolving Period offer and sell additional Series 2019-1 Notes subject to the conditions set forth in Section 5.15. Such additional Series 2019-1 Notes, if issued, shall be designated as the “Series 2019-1 Rental Car Asset Backed Notes, Class D” and shall be referred to herein as the “Class D Notes”. The Class A Notes, Class B Notes, Notes and Class C Notes, Class D Notes, if issued, and Class R Notes collectivelytogether, constitute the Series 20192014-1 Notes. The Class B Notes shall be subordinated in right of payment to the Class A Notes, to the extent set forth herein. The Class C Notes shall be subordinated in right of payment to the Class A Notes and Class B Notes, to the extent set forth herein. The Class D Notes, if issued, shall be subordinated in right of payment to the Class A Notes, Class B Notes and Class C Notes, to the extent set forth herein. The Class R Notes shall be subordinated to the Class A Notes, the Class B Notes, the Class C Notes and (if issued) the Class D Notes. The proceeds from the sale of the Class A Notes, Class B Notes, Class C Notes and Class R Series 2014-1 Notes shall be deposited in the Collection Account and shall be deemed to be Principal Collections. The Series 20192014-1 Notes are a non‑Segregated Series of Notes (as more fully described in the Base Indenture). Accordingly, all references in this Supplement to “all” Series of Notes (and all references in this Supplement to terms defined in the Base Indenture that contain references to “all” Series of Notes) shall refer to all Series of Notes other than Segregated Series of Notes.

Designation. There is hereby created a Series of Notes to be issued pursuant to the Base Indenture and this Supplement, and such Series of Notes shall be designated generally as the “Series 20192022-1 Rental Car Asset Backed Notes”. The Series 20192022-1 Notes shall be issued in up to five six Classes, the first of which shall be known as the “Class A Notes”, the second of which shall be known as the “Class B Notes”, the third of which shall be known as the “Class C Notes”, the fourth of which shall be known as the “Class D Notes”, the fifth of which shall be known as the “Class R Notes” and the fifth sixth of which, if issued, shall be known as the “Class D E Notes”. On the Series 20192022-1 Closing Date, ABRCF shall issue (i) one tranche of Class A Notes, which shall be designated as the “Series 20192022-1 3.453.83% Rental Car Asset Backed Notes, Class A”, (ii) one tranche of Class B Notes, which shall be designated as the “Series 20192022-1 3.704.30% Rental Car Asset Backed Notes, Class B”, (iii) one tranche of Class C Notes, which shall be designated as the “Series 20192022-1 4.534.84% Rental Car Asset Backed Notes, Class C”, (iv) one tranche of Class D Notes, which shall be designated the “Series 2022-1 6.79% Rental Car Asset Backed Notes, Class D” and (ivv) one tranche of Class R Notes, which shall be designated the “Series 20192022-1 6.1927.767% Rental Car Asset Backed Notes, Class R”. Subsequent to the Series 20192022-1 Closing Date, ABRCF may on any date during the Series 20192022-1 Revolving Period offer and sell additional Series 20192022-1 Notes subject to the conditions set forth in Section 5.15. Such additional Series 20192022-1 Notes, if issued, shall be designated as the “Series 20192022-1 Rental Car Asset Backed Notes, Class DE” and shall be referred to herein as the “Class D E Notes”. The Class A Notes, Class B Notes, Class C Notes, Class D Notes, if issued, and Class R Notes collectively, constitute the Series 2019-1 Notes. The Class B Notes shall be subordinated in right of payment to the Class A Notes, to the extent set forth herein. The Class C Notes shall be subordinated in right of payment to the Class A Notes and Class B Notes, to the extent set forth herein. The Class D Notes, if issued, shall be subordinated in right of payment to the Class A Notes, Class B Notes and Class C Notes, to the extent set forth herein. The Class R Notes shall be subordinated to the Class A Notes, the Class B Notes, the Class C Notes and (if issued) the Class D Notes. The proceeds from the sale of the Class A Notes, Class B Notes, Class C Notes and Class R Notes shall be deposited in the Collection Account and shall be deemed to be Principal Collections. The Series 2019-1 Notes are a non‑Segregated Series of Notes (as more fully described in the Base Indenture). Accordingly, all references in this Supplement to “all” Series of Notes (and all references in this Supplement to terms defined in the Base Indenture that contain references to “all” Series of Notes) shall refer to all Series of Notes other than Segregated Series of Notes.

Designation. There is hereby created a Series of Notes to be issued pursuant to the Base Indenture and this Supplement, and such Series of Notes shall be designated generally as the “Series 20192023-1 6 Rental Car Asset Backed Notes”. The Series 20192023-1 6 Notes shall be issued in up to five Classes, the first of which shall be known as the “Class A Notes”, the second of which shall be known as the “Class B Notes”, the third of which shall be known as the “Class C Notes”, the fourth of which shall be known as the “Class R Notes” and the fifth of which, if issued, shall be known as the “Class D Notes”. On the Series 20192023-1 6 Closing Date, ABRCF shall issue (i) one tranche of Class A Notes, which shall be designated as the “Series 20192023-1 3.456 5.81% Rental Car Asset Backed Notes, Class A”, (ii) one tranche of Class B Notes, which shall be designated as the “Series 20192023-1 3.706 6.40% Rental Car Asset Backed Notes, Class B”, (iii) one tranche of Class C Notes, which shall be designated as the “Series 20192023-1 4.536 7.03% Rental Car Asset Backed Notes, Class C” and (iv) one tranche of Class R Notes, which shall be designated the “Series 20192023-1 6.1926 8.969% Rental Car Asset Backed Notes, Class R”. Subsequent to the Series 20192023-1 6 Closing Date, ABRCF may on any date during the Series 20192023-1 6 Revolving Period offer and sell additional Series 20192023-1 6 Notes subject to the conditions set forth in Section 5.15. Such additional Series 20192023-1 6 Notes, if issued, shall be designated as the “Series 20192023-1 6 Rental Car Asset Backed Notes, Class D” and shall be referred to herein as the “Class D Notes”. The Class A Notes, Class B Notes, Class C Notes, Class D Notes, if issued, and Class R Notes collectively, constitute the Series 20192023-1 6 Notes. The Class B Notes shall be subordinated in right of payment to the Class A Notes, to the extent set forth herein. The Class C Notes shall be subordinated in right of payment to the Class A Notes and Class B Notes, to the extent set forth herein. The Class D Notes, if issued, shall be subordinated in right of payment to the Class A Notes, Class B Notes and Class C Notes, to the extent set forth herein. The Class R Notes shall be subordinated to the Class A Notes, the Class B Notes, the Class C Notes and (if issued) the Class D Notes. The proceeds from the sale of the Class A Notes, Class B Notes, Class C Notes and Class R Notes shall be deposited in the Collection Account and shall be deemed to be Principal Collections. The Series 20192023-1 6 Notes are a non‑Segregated non-Segregated Series of Notes (as more fully described in the Base Indenture). Accordingly, all references in this Supplement to “all” Series of Notes (and all references in this Supplement to terms defined in the Base Indenture that contain references to “all” Series of Notes) shall refer to all Series of Notes other than Segregated Series of Notes.

Designation. There is hereby created a Series of Notes to be issued pursuant to the Base Indenture and this Supplement, and such Series of Notes shall be designated generally as the “Series 20192021-1 Rental Car Asset Backed Notes”. The Series 20192021-1 Notes shall be issued in up to five six Classes, the first of which shall be known as the “Class A Notes”, the second of which shall be known as the “Class B Notes”, the third of which shall be known as the “Class C Notes”, the fourth of which shall be known as the “Class D Notes”, the fifth of which shall be known as the “Class R Notes” and the fifth sixth of which, if issued, shall be known as the “Class D E Notes”. On the Series 20192021-1 Closing Date, ABRCF shall issue (i) one tranche of Class A Notes, which shall be designated as the “Series 20192021-1 3.451.38% Rental Car Asset Backed Notes, Class A”, (ii) one tranche of Class B Notes, which shall be designated as the “Series 20192021-1 3.701.63% Rental Car Asset Backed Notes, Class B”, (iii) one tranche of Class C Notes, which shall be designated as the “Series 20192021-1 4.532.13% Rental Car Asset Backed Notes, Class C”, (iv) one tranche of Class D Notes, which shall be designated the “Series 2021-1 3.71% Rental Car Asset Backed Notes, Class D” and (ivv) one tranche of Class R Notes, which shall be designated the “Series 20192021-1 6.1925.715% Rental Car Asset Backed Notes, Class R”. Subsequent to the Series 20192021-1 Closing Date, ABRCF may on any date during the Series 20192021-1 Revolving Period offer and sell additional Series 20192021-1 Notes subject to the conditions set forth in Section 5.15. Such additional Series 20192021-1 Notes, if issued, shall be designated as the “Series 20192021-1 Rental Car Asset Backed Notes, Class DE” and shall be referred to herein as the “Class D E Notes”. The Class A Notes, Class B Notes, Class C Notes, Class D Notes, if issued, and Class R Notes collectively, constitute the Series 2019-1 Notes. The Class B Notes shall be subordinated in right of payment to the Class A Notes, to the extent set forth herein. The Class C Notes shall be subordinated in right of payment to the Class A Notes and Class B Notes, to the extent set forth herein. The Class D Notes, if issued, shall be subordinated in right of payment to the Class A Notes, Class B Notes and Class C Notes, to the extent set forth herein. The Class R Notes shall be subordinated to the Class A Notes, the Class B Notes, the Class C Notes and (if issued) the Class D Notes. The proceeds from the sale of the Class A Notes, Class B Notes, Class C Notes and Class R Notes shall be deposited in the Collection Account and shall be deemed to be Principal Collections. The Series 2019-1 Notes are a non‑Segregated Series of Notes (as more fully described in the Base Indenture). Accordingly, all references in this Supplement to “all” Series of Notes (and all references in this Supplement to terms defined in the Base Indenture that contain references to “all” Series of Notes) shall refer to all Series of Notes other than Segregated Series of Notes.

Designation. There is hereby created a Series of Notes to be issued pursuant to the Base Indenture and this Supplement, and such Series of Notes shall be designated generally as the “Series 20192016-1 Rental Car Asset Backed Notes”. The Series 20192016-1 Notes shall be issued in up to five four Classes, the first of which shall be known as the “Class A Notes”, the second of which shall be known as the “Class B Notes”, the third of which shall be known as the “Class C Notes”, the fourth of which shall be known as the “Class R Notes” and the fifth fourth of which, if issued, shall be known as the “Class D Notes”. On the Series 20192016-1 Closing Date, ABRCF shall issue (i) one tranche of Class A Notes, which shall be designated as the “Series 20192016-1 3.452.99% Rental Car Asset Backed Notes, Class A”, (ii) one tranche of Class B Notes, which shall be designated as the “Series 20192016-1 3.703.78% Rental Car Asset Backed Notes, Class B”, ” and (iii) one tranche of Class C Notes, which shall be designated as the “Series 20192016-1 4.534.94% Rental Car Asset Backed Notes, Class C” and (iv) one tranche of Class R Notes, which shall be designated the “Series 2019-1 6.192% Rental Car Asset Backed Notes, Class R”. Subsequent to the Series 20192016-1 Closing Date, ABRCF may on any date during the Series 20192016-1 Revolving Period offer and sell additional Series 20192016-1 Notes subject to the conditions set forth in Section 5.15. Such additional Series 20192016-1 Notes, if issued, shall be designated as the “Series 20192016-1 Rental Car Asset Backed Notes, Class D” and shall be referred to herein as the “Class D Notes”. The Class A Notes, Class B Notes, Class C Notes, Notes and Class D Notes, if issued, and Class R Notes collectively, constitute the Series 20192016-1 Notes. The Class B Notes shall be subordinated in right of payment to the Class A Notes, to the extent set forth herein. The Class C Notes shall be subordinated in right of payment to the Class A Notes and Class B Notes, to the extent set forth herein. The Class D Notes, if issued, shall be subordinated in right of payment to the Class A Notes, Class B Notes and Class C Notes, to the extent set forth herein. The Class R Notes shall be subordinated to the Class A Notes, the Class B Notes, the Class C Notes and (if issued) the Class D Notes. The proceeds from the sale of the Class A Notes, Class B Notes, Class C Notes and Class R Notes shall be deposited in the Collection Account and shall be deemed to be Principal Collections. The Series 2019-1 Notes are a non‑Segregated Series of Notes (as more fully described in the Base Indenture). Accordingly, all references in this Supplement to “all” Series of Notes (and all references in this Supplement to terms defined in the Base Indenture that contain references to “all” Series of Notes) shall refer to all Series of Notes other than Segregated Series of Notes.forth

Designation. There is hereby created a Series of Notes to be issued pursuant to the Base Indenture and this Supplement, and such Series of Notes shall be designated generally as the “Series 20192017-1 Rental Car Asset Backed Notes”. The Series 20192017-1 Notes shall be issued in up to five Classes, the first of which shall be known as the “Class A Notes”, the second of which shall be known as the “Class B Notes”, the third of which shall be known as the “Class C Notes”, the fourth of which shall be known as the “Class R Notes” and the fifth of which, if issued, shall be known as the “Class D Notes”. On the Series 20192017-1 Closing Date, ABRCF shall issue (i) one tranche of Class A Notes, which shall be designated as the “Series 20192017-1 3.453.07% Rental Car Asset Backed Notes, Class A”, (ii) one tranche of Class B Notes, which shall be designated as the “Series 20192017-1 3.703.41% Rental Car Asset Backed Notes, Class B”, (iii) one tranche of Class C Notes, which shall be designated as the “Series 20192017-1 4.534.15% Rental Car Asset Backed Notes, Class C” and (iv) one tranche of Class R Notes, which shall be designated the “Series 2019-1 6.1922017 6.75% Rental Car Asset Backed Notes, Class R”. Subsequent to the Series 20192017-1 Closing Date, ABRCF may on any date during the Series 20192017-1 Revolving Period offer and sell additional Series 20192017-1 Notes subject to the conditions set forth in Section 5.15. Such additional Series 20192017-1 Notes, if issued, shall be designated as the “Series 20192017-1 Rental Car Asset Backed Notes, Class D” and shall be referred to herein as the “Class D Notes”. The Class A Notes, Class B Notes, Class C Notes, Class D Notes, if issued, and Class R Notes collectively, constitute the Series 20192017-1 Notes. The Class B Notes shall be subordinated in right of payment to the Class A Notes, to the extent set forth herein. The Class C Notes shall be subordinated in right of payment to the Class A Notes and Class B Notes, to the extent set forth herein. The Class D Notes, if issued, shall be subordinated in right of payment to the Class A Notes, Class B Notes and Class C Notes, to the extent set forth herein. The Class R Notes shall be subordinated to the Class A Notes, the Class B Notes, the Class C Notes and (if issued) the Class D Notes. The proceeds from the sale of the Class A Notes, Class B Notes, Class C Notes and Class R Notes shall be deposited in the Collection Account and shall be deemed to be Principal Collections. The Series 20192017-1 Notes are a non‑Segregated Series of Notes (as more fully described in the Base Indenture). Accordingly, all references in this Supplement to “all” Series of Notes (and all references in this Supplement to terms defined in the Base Indenture that contain references to “all” Series of Notes) shall refer to all Series of Notes other than Segregated Series of Notes.

Designation. There is hereby created a Series of Notes to be issued pursuant to the Base Indenture and this Supplement, and such Series of Notes shall be designated generally as the “Series 20192012-1 2 Rental Car Asset Backed Notes”. The Series 20192012-1 2 Notes shall be issued in up to five three Classes, the first of which shall be known as the “Class A Notes”, the second of which shall be known as the “Class B Notes”, the third of which shall be known as the “Class C Notes”, the fourth of which shall be known as the “Class R Notes” and the fifth third of which, if issued, shall be known as the “Class D C Notes”. On the Series 20192012-1 2 Closing Date, ABRCF shall issue (i) one tranche of Class A Notes, which shall be designated as the “Series 20192012-1 3.452 2.802% Rental Car Asset Backed Notes, Class A”, ” and (ii) one tranche of Class B Notes, which shall be designated as the “Series 20192012-1 3.702 3.877% Rental Car Asset Backed Notes, Class B”, (iii) one tranche of Class C Notes, which shall be designated as the “Series 2019-1 4.53% Rental Car Asset Backed Notes, Class C” and (iv) one tranche of Class R Notes, which shall be designated the “Series 2019-1 6.192% Rental Car Asset Backed Notes, Class R”. Subsequent to the Series 20192012-1 2 Closing Date, ABRCF may on any date during the Series 20192012-1 2 Revolving Period offer and sell additional Series 20192012-1 2 Notes subject to the conditions set forth in Section 5.15. Such additional Series 20192012-1 2 Notes, if issued, shall be designated as the “Series 20192012-1 2 Fixed Rate Rental Car Asset Backed Notes, Class D” C”, and shall be referred to herein as the “Class D C Notes”. The Class A Notes, Class B Notes, Notes and Class C Notes, Class D Notes, if issued, and Class R Notes collectivelytogether, constitute the Series 20192012-1 2 Notes. The Class B Notes shall be subordinated in right of payment to the Class A Notes, to the extent set forth herein. The Class C Notes Notes, if issued, shall be subordinated in right of payment to the Class A Notes and Class B Notes, to the extent set forth herein. The Class D Notes, if issued, shall be subordinated in right of payment to the Class A Notes, Class B Notes and Class C Notes, to the extent set forth herein. The Class R Notes shall be subordinated to the Class A Notes, the Class B Notes, the Class C Notes and (if issued) the Class D Notes. The proceeds from the sale of the Class A Notes, Class B Notes, Class C Notes and Class R B Notes shall be deposited in the Collection Account and shall be deemed to be Principal Collections. The Series 20192012-1 2 Notes are a non‑Segregated non-Segregated Series of Notes (as more fully described in the Base Indenture). Accordingly, all references in this Supplement to “all” Series of Notes (and all references in this Supplement to terms defined in the Base Indenture that contain references to “all” Series of Notes) shall refer to all Series of Notes other than Segregated Series of Notes.

Designation. There is hereby created a Series of Notes to be issued pursuant to the Base Indenture and this Supplement, and such Series of Notes shall be designated generally as the “Series 20192016-1 2 Rental Car Asset Backed Notes”. The Series 20192016-1 2 Notes shall be issued in up to five four Classes, the first of which shall be known as the “Class A Notes”, the second of which shall be known as the “Class B Notes”, the third of which shall be known as the “Class C Notes”, the fourth of which shall be known as the “Class R Notes” and the fifth fourth of which, if issued, shall be known as the “Class D Notes”. On the Series 20192016-1 2 Closing Date, ABRCF shall issue (i) one tranche of Class A Notes, which shall be designated as the “Series 20192016-1 3.452 2.72% Rental Car Asset Backed Notes, Class A”, (ii) one tranche of Class B Notes, which shall be designated as the “Series 20192016-1 3.702 3.36% Rental Car Asset Backed Notes, Class B”, ” and (iii) one tranche of Class C Notes, which shall be designated as the “Series 20192016-1 4.532 4.83% Rental Car Asset Backed Notes, Class C” and (iv) one tranche of Class R Notes, which shall be designated the “Series 2019-1 6.192% Rental Car Asset Backed Notes, Class R”. Subsequent to the Series 20192016-1 2 Closing Date, ABRCF may on any date during the Series 20192016-1 2 Revolving Period offer and sell additional Series 20192016-1 2 Notes subject to the conditions set forth in Section 5.15. Such additional Series 20192016-1 2 Notes, if issued, shall be designated as the “Series 20192016-1 2 Rental Car Asset Backed Notes, Class D” and shall be referred to herein as the “Class D Notes”. The Class A Notes, Class B Notes, Class C Notes, Notes and Class D Notes, if issued, and Class R Notes collectively, constitute the Series 20192016-1 2 Notes. The Class B Notes shall be subordinated in right of payment to the Class A Notes, to the extent set forth herein. The Class C Notes shall be subordinated in right of payment to the Class A Notes and Class B Notes, to the extent set forth herein. The Class D Notes, if issued, shall be subordinated in right of payment to the Class A Notes, Class B Notes and Class C Notes, to the extent set forth herein. The Class R Notes shall be subordinated to the Class A Notes, the Class B Notes, the Class C Notes and (if issued) the Class D Notes. The proceeds from the sale of the Class A Notes, Class B Notes, Class C Notes and Class R Notes shall be deposited in the Collection Account and shall be deemed to be Principal Collections. The Series 2019-1 Notes are a non‑Segregated Series of Notes (as more fully described in the Base Indenture). Accordingly, all references in this Supplement to “all” Series of Notes (and all references in this Supplement to terms defined in the Base Indenture that contain references to “all” Series of Notes) shall refer to all Series of Notes other than Segregated Series of Notes.forth

Designation. There is hereby created a Series of Notes to be issued pursuant to the Base Indenture and this Supplement, and such Series of Notes shall be designated generally as the “Series 20192023-1 8 Rental Car Asset Backed Notes”. The Series 20192023-1 8 Notes shall be issued in up to five Classes, the first of which shall be known as the “Class A Notes”, the second of which shall be known as the “Class B Notes”, the third of which shall be known as the “Class C Notes”, the fourth of which shall be known as the “Class R Notes” and the fifth of which, if issued, shall be known as the “Class D Notes”. On the Series 20192023-1 8 Closing Date, ABRCF shall issue (i) one tranche of Class A Notes, which shall be designated as the “Series 20192023-1 3.458 6.02% Rental Car Asset Backed Notes, Class A”, (ii) one tranche of Class B Notes, which shall be designated as the “Series 20192023-1 3.708 6.66% Rental Car Asset Backed Notes, Class B”, (iii) one tranche of Class C Notes, which shall be designated as the “Series 20192023-1 4.538 7.34% Rental Car Asset Backed Notes, Class C” and (iv) one tranche of Class R Notes, which shall be designated the “Series 20192023-1 6.1928 9.268% Rental Car Asset Backed Notes, Class R”. Subsequent to the Series 20192023-1 8 Closing Date, ABRCF may on any date during the Series 20192023-1 8 Revolving Period offer and sell additional Series 20192023-1 8 Notes subject to the conditions set forth in Section 5.15. Such additional Series 20192023-1 8 Notes, if issued, shall be designated as the “Series 20192023-1 8 Rental Car Asset Backed Notes, Class D” and shall be referred to herein as the “Class D Notes”. The Class A Notes, Class B Notes, Class C Notes, Class D Notes, if issued, and Class R Notes collectively, constitute the Series 20192023-1 8 Notes. The Class B Notes shall be subordinated in right of payment to the Class A Notes, to the extent set forth herein. The Class C Notes shall be subordinated in right of payment to the Class A Notes and Class B Notes, to the extent set forth herein. The Class D Notes, if issued, shall be subordinated in right of payment to the Class A Notes, Class B Notes and Class C Notes, to the extent set forth herein. The Class R Notes shall be subordinated to the Class A Notes, the Class B Notes, the Class C Notes and (if issued) the Class D Notes. The proceeds from the sale of the Class A Notes, Class B Notes, Class C Notes and Class R Notes shall be deposited in the Collection Account and shall be deemed to be Principal Collections. The Series 20192023-1 8 Notes are a non‑Segregated non-Segregated Series of Notes (as more fully described in the Base Indenture). Accordingly, all references in this Supplement to “all” Series of Notes (and all references in this Supplement to terms defined in the Base Indenture that contain references to “all” Series of Notes) shall refer to all Series of Notes other than Segregated Series of Notes.

Designation. There is hereby created a Series of Notes to be issued pursuant to the Base Indenture and this Supplement, and such Series of Notes shall be designated generally as the “Series 20192020-1 2 Rental Car Asset Backed Notes”. The Series 20192020-1 2 Notes shall be issued in up to five Classes, the first of which shall be known as the “Class A Notes”, the second of which shall be known as the “Class B Notes”, the third of which shall be known as the “Class C Notes”, the fourth of which shall be known as the “Class R Notes” and the fifth of which, if issued, shall be known as the “Class D Notes”. On the Series 20192020-1 2 Closing Date, ABRCF shall issue (i) one tranche of Class A Notes, which shall be designated as the “Series 20192020-1 3.452 2.02% Rental Car Asset Backed Notes, Class A”, (ii) one tranche of Class B Notes, which shall be designated as the “Series 20192020-1 3.702 2.96% Rental Car Asset Backed Notes, Class B”, (iii) one tranche of Class C Notes, which shall be designated as the “Series 20192020-1 4.532 4.25% Rental Car Asset Backed Notes, Class C” and (iv) one tranche of Class R Notes, which shall be designated the “Series 20192020-1 6.1922 6.40% Rental Car Asset Backed Notes, Class R”. Subsequent to the Series 20192020-1 2 Closing Date, ABRCF may on any date during the Series 20192020-1 2 Revolving Period offer and sell additional Series 20192020-1 2 Notes subject to the conditions set forth in Section 5.15. Such additional Series 20192020-1 2 Notes, if issued, shall be designated as the “Series 20192020-1 2 Rental Car Asset Backed Notes, Class D” and shall be referred to herein as the “Class D Notes”. The Class A Notes, Class B Notes, Class C Notes, Class D Notes, if issued, and Class R Notes collectively, constitute the Series 2019-1 Notes. The Class B Notes shall be subordinated in right of payment to the Class A Notes, to the extent set forth herein. The Class C Notes shall be subordinated in right of payment to the Class A Notes and Class B Notes, to the extent set forth herein. The Class D Notes, if issued, shall be subordinated in right of payment to the Class A Notes, Class B Notes and Class C Notes, to the extent set forth herein. The Class R Notes shall be subordinated to the Class A Notes, the Class B Notes, the Class C Notes and (if issued) the Class D Notes. The proceeds from the sale of the Class A Notes, Class B Notes, Class C Notes and Class R Notes shall be deposited in the Collection Account and shall be deemed to be Principal Collections. The Series 2019-1 Notes are a non‑Segregated Series of Notes (as more fully described in the Base Indenture). Accordingly, all references in this Supplement to “all” Series of Notes (and all references in this Supplement to terms defined in the Base Indenture that contain references to “all” Series of Notes) shall refer to all Series of Notes other than Segregated Series of Notes.

Designation. There is hereby was created a Series of Notes to be issued pursuant to the Base Indenture and this the Prior Supplement, and such Series of Notes shall be was designated generally as the “Series 20192020-1 Rental Car Asset Backed Notes”. The Series 20192020-1 Notes shall were permitted to be issued in up to five Classes, the first of which shall be is known as the “Class A Notes”, the second of which shall be is known as the “Class B Notes”, the third of which shall be is known as the “Class C Notes”, the fourth of which shall be is known as the “Class R Notes” and the fifth of which, if issued, which shall be known as the “Class D Notes”. On the Series 2019-1 Class A/B/C Notes Closing Date, ABRCF shall issue issued (i) one tranche of Class A Notes, which shall be Notes designated as the “Series 20192020-1 3.452.33% Rental Car Asset Backed Notes, Class A”, (ii) one tranche of Class B Notes, which shall be Notes designated as the “Series 20192020-1 3.702.68% Rental Car Asset Backed Notes, Class B”, (iii) one tranche of Class C Notes, which shall be Notes designated as the “Series 20192020-1 4.533.02% Rental Car Asset Backed Notes, Class C” and (iv) one tranche of Class R Notes, which shall be Notes designated the “Series 20192020-1 6.1924.753% Rental Car Asset Backed Notes, Class R”. Subsequent to On the Series 2019-1 Class D Notes Closing Date, ABRCF may on any date during the Series 2019-1 Revolving Period offer and sell additional Series 2019-1 shall issue (i) one tranche of Class D Notes subject to the conditions set forth in Section 5.15. Such additional Series 2019-1 Notes, if issued, shall be designated as the “Series 20192020-1 Rental Car Asset Backed Notes, Class D” and shall be referred to herein as the “(ii) Additional Class D R Notes”. The Class A Notes, Class B Notes, Class C Notes, Class D Notes, if issued, Notes and Class R Notes collectively, constitute the Series 20192020-1 Notes. The Class B Notes shall be subordinated in right of payment to the Class A Notes, to the extent set forth herein. The Class C Notes shall be subordinated in right of payment to the Class A Notes and Class B Notes, to the extent set forth herein. The Class D Notes, if issued, Notes shall be subordinated in right of payment to the Class A Notes, Class B Notes and Class C Notes, to the extent set forth herein. The Class R Notes shall be subordinated to the Class A Notes, the Class B Notes, the Class C Notes and (if issued) the Class D Notes. The proceeds from the sale of the Class A Notes, Class B Notes, Class C Notes and Class R Notes were deposited in the Collection Account and were deemed to be Principal Collections, and the proceeds from the sale of the Class D Notes and Additional Class R Notes shall be deposited in the Collection Account and shall be deemed to be Principal Collections. The Series 20192020-1 Notes are a non‑Segregated non-Segregated Series of Notes (as more fully described in the Base Indenture). Accordingly, all references in this Supplement to “all” Series of Notes (and all references in this Supplement to terms defined in the Base Indenture that contain references to “all” Series of Notes) shall refer to all Series of Notes other than Segregated Series of Notes.

Designation. There is hereby created a Series of Notes to be issued pursuant to the Base Indenture and this Supplement, and such Series of Notes shall be designated generally as the “Series 20192011-1 2 Rental Car Asset Backed Notes”. The Series 20192011-1 2 Notes shall be issued in up to five three Classes, the first of which shall be known as the “Class A Notes”, the second of which shall be known as the “Class B Notes”, the third of which shall be known as the “Class C Notes”, the fourth of which shall be known as the “Class R Notes” and the fifth third of which, if issued, shall be known as the “Class D C Notes”. On the Series 20192011-1 2 Closing Date, ABRCF shall issue (i) one tranche of Class A Notes, which shall be designated as the “Series 20192011-1 3.452 2.37% Rental Car Asset Backed Notes, Class A”, A and (ii) one tranche of Class B Notes, which shall be designated as the “Series 20192011-1 3.702 3.65% Rental Car Asset Backed Notes, Class B”, (iii) one tranche of Class C Notes, which shall be designated as the “Series 2019-1 4.53% Rental Car Asset Backed Notes, Class C” and (iv) one tranche of Class R Notes, which shall be designated the “Series 2019-1 6.192% Rental Car Asset Backed Notes, Class R”. B. Subsequent to the Series 20192011-1 2 Closing Date, ABRCF may on any date during the Series 20192011-1 2 Revolving Period offer and sell additional Series 20192011-1 2 Notes subject to the conditions set forth in Section 5.15. Such additional Series 20192011-1 2 Notes, if issued, shall be designated as the “Series 20192011-1 2 Fixed Rate Rental Car Asset Backed Notes, Class D” C, and shall be referred to herein as the “Class D C Notes”. The Class A Notes, Class B Notes, Notes and Class C Notes, Class D Notes, if issued, and Class R Notes collectivelytogether, constitute the Series 20192011-1 2 Notes. The Class B Notes shall be subordinated in right of payment to the Class A Notes, to the extent set forth herein. The Class C Notes Notes, if issued, shall be subordinated in right of payment to the Class A Notes and Class B Notes, to the extent set forth herein. The Class D Notes, if issued, shall be subordinated in right of payment to the Class A Notes, Class B Notes and Class C Notes, to the extent set forth herein. The Class R Notes shall be subordinated to the Class A Notes, the Class B Notes, the Class C Notes and (if issued) the Class D Notes. The proceeds from the sale of the Class A Notes, Class B Notes, Class C Notes and Class R B Notes shall be deposited in the Collection Account and shall be deemed to be Principal Collections. The Series 20192011-1 2 Notes are a non‑Segregated non-Segregated Series of Notes (as more fully described in the Base Indenture). Accordingly, all references in this Supplement to “all” Series of Notes (and all references in this Supplement to terms defined in the Base Indenture that contain references to “all” Series of Notes) shall refer to all Series of Notes other than Segregated Series of Notes.

Designation. There is hereby created a Series of Notes to be issued pursuant to the Base Indenture and this Supplement, Supplement and such Series of Notes shall be designated generally as the “Series 2019-1 Rental Car Asset Backed Notes”. The Series 2019-1 Notes shall be issued in up to five Classes, the first of which shall be known as the “Class A Notes”, the second of which shall be known as the “Class B Notes”, the third of which shall be known as the “Class C Notes”, the fourth of which shall be known as the “Class R Notes” and the fifth of which, if issued, shall be known as the “Class D Notes”. On the Series 2019-1 Closing Date, ABRCF shall issue (i) one tranche of Class A Notes, which shall be designated as the “Series 2019-1 3.45% Rental Car Asset Backed Notes, Series 1996-1. The Series 1996-1 Notes (as defined below) shall be issued in four classes of Class A”A Notes, (ii) one tranche the Class A-1 Notes, the Class A-2 Notes, the Class A-3 Notes and the Class A-4 Notes, and three classes of Class B Notes, which shall be designated as the “Series 2019-1 3.70% Class B-1 Notes, the Class B-2 Notes and the Class B-3 Notes. The Class A-1 Rental Car Asset Backed Notes, the Class B”, (iii) one tranche of Class C Notes, which shall be designated as the “Series 2019-1 4.53% A-2 Rental Car Asset Backed Notes, the Class C” A-3 Rental Car Asset Backed Notes and (iv) one tranche of the Class R A-4 Rental Car Asset Backed Notes are designated generally herein as the "Class A Notes, which shall be designated " and the “Series 2019-1 6.192% Class B-1 Rental Car Asset Backed Notes, the Class R”. Subsequent to the Series 2019-1 Closing Date, ABRCF may on any date during the Series 2019-1 Revolving Period offer and sell additional Series 2019-1 Notes subject to the conditions set forth in Section 5.15. Such additional Series 2019-1 Notes, if issued, shall be designated as the “Series 2019-1 B-2 Rental Car Asset Backed Notes, Notes and the Class D” and shall be referred to B-3 Rental Car Asset Backed Notes are designated generally herein as the “"Class D B Notes”". The Class A Notes, Notes and the Class B Notes, Class C Notes, Class D Notes, if issued, and Class R Notes collectively, constitute are referred to collectively as the "Series 20191996-1 Notes". The Class B Notes shall be subordinated in right of payment to the Class A Notes, to the extent set forth herein. The Class C Notes shall be are subordinated in right of payment to the Class A Notes and Class B Notes, to the extent set forth herein. The Class D Notes, if issued, shall be subordinated in right of payment to the Class A Notes, Class B Notes and Class C Notes, to the extent set forth herein. The Class R Notes shall be subordinated to the Class A Notes, the Class B Notes, the Class C Notes and (if issued) the Class D Notes. The proceeds from the sale of the Class A Notes, Class B Notes, Class C Notes and Class R Series 1996-1 Notes shall be deposited in the Collection Account (and allocated to the Series 1996-1 Excess Funding Account) and shall be deemed to be Principal Collections. The used (i) on the Series 20191996-1 Notes are a non‑Segregated Closing Date, to refinance the Refinanced Vehicles, (ii) from the Series of Notes (as more fully described in 1996-1 Closing Date to the Base Indenture). Accordingly, all references in this Supplement to “all” Series of Notes (and all references in this Supplement to terms defined in the Base Indenture that contain references to “all” Series of Notes) shall refer to all Series of Notes other than Segregated Series of Notes.90th

Designation. There is hereby created a Series of Notes to be issued pursuant to the Base Indenture and this Supplement, and such Series of Notes shall be designated generally as the “Series 20192015-1 2 Rental Car Asset Backed Notes”. The Series 20192015-1 2 Notes shall be issued in up to five four Classes, the first of which shall be known as the “Class A Notes”, the second of which shall be known as the “Class B Notes”, the third of which shall be known as the “Class C Notes”, the fourth of which shall be known as the “Class R Notes” and the fifth fourth of which, if issued, shall be known as the “Class D Notes”. On the Series 20192015-1 2 Closing Date, ABRCF shall issue (i) one tranche of Class A Notes, which shall be designated as the “Series 20192015-1 3.452 2.63% Rental Car Asset Backed Notes, Class A”, (ii) one tranche of Class B Notes, which shall be designated as the “Series 20192015-1 3.702 3.42% Rental Car Asset Backed Notes, Class B”, ” and (iii) one tranche of Class C Notes, which shall be designated as the “Series 20192015-1 4.532 3.93% Rental Car Asset Backed Notes, Class C” and (iv) one tranche of Class R Notes, which shall be designated the “Series 2019-1 6.192% Rental Car Asset Backed Notes, Class R”. Subsequent to the Series 20192015-1 2 Closing Date, ABRCF may on any date during the Series 20192015-1 2 Revolving Period offer and sell additional Series 20192015-1 2 Notes subject to the conditions set forth in Section 5.15. Such additional Series 20192015-1 2 Notes, if issued, shall be designated as the “Series 20192015-1 2 Fixed Rate Rental Car Asset Backed Notes, Class D” and shall be referred to herein as the “Class D Notes”. The Class A Notes, Class B Notes, Class C Notes, Notes and Class D Notes, if issued, and Class R Notes collectively, constitute the Series 20192015-1 2 Notes. The Class B Notes shall be subordinated in right of payment to the Class A Notes, to the extent set forth herein. The Class C Notes shall be subordinated in right of payment to the Class A Notes and Class B Notes, to the extent set forth herein. The Class D Notes, if issued, shall be subordinated in right of payment to the Class A Notes, Class B Notes and Class C Notes, to the extent set forth herein. The Class R Notes shall be subordinated to the Class A Notes, the Class B Notes, the Class C Notes and (if issued) the Class D Notes. The proceeds from the sale of the Class A Notes, Class B Notes, Class C Notes and Class R C Notes shall be deposited in the Collection Account and shall be deemed to be Principal Collections. The Series 20192015-1 2 Notes are a non‑Segregated Series of Notes (as more fully described in the Base Indenture). Accordingly, all references in this Supplement to “all” Series of Notes (and all references in this Supplement to terms defined in the Base Indenture that contain references to “all” Series of Notes) shall refer to all Series of Notes other than Segregated Series of Notes.

Designation. There is hereby created a Series of Notes to be issued pursuant to the Base Indenture and this Supplement, and such Series of Notes shall be designated generally as the “Series 20192024-1 3 Rental Car Asset Backed Notes”. The Series 20192024-1 3 Notes shall be issued in up to five Classes, the first of which shall be known as the “Class A Notes”, the second of which shall be known as the “Class B Notes”, the third of which shall be known as the “Class C Notes”, the fourth of which shall be known as the “Class R Notes” and the fifth of which, if issued, shall be known as the “Class D Notes”. On the Series 20192024-1 3 Closing Date, ABRCF shall issue (i) one tranche of Class A Notes, which shall be designated as the “Series 20192024-1 3.453 5.23% Rental Car Asset Backed Notes, Class A”, (ii) one tranche of Class B Notes, which shall be designated as the “Series 20192024-1 3.703 5.58% Rental Car Asset Backed Notes, Class B”, (iii) one tranche of Class C Notes, which shall be designated as the “Series 20192024-1 4.533 6.11% Rental Car Asset Backed Notes, Class C” and (iv) one tranche of Class R Notes, which shall be designated the “Series 20192024-1 6.1923 8.062% Rental Car Asset Backed Notes, Class R”. Subsequent to the Series 20192024-1 3 Closing Date, ABRCF may on any date during the Series 20192024-1 3 Revolving Period offer and sell additional Series 20192024-1 3 Notes subject to the conditions set forth in Section 5.15. Such additional Series 20192024-1 3 Notes, if issued, shall be designated as the “Series 20192024-1 3 Rental Car Asset Backed Notes, Class D” and shall be referred to herein as the “Class D Notes”. The Class A Notes, Class B Notes, Class C Notes, Class D Notes, if issued, and Class R Notes collectively, constitute the Series 20192024-1 3 Notes. The Class B Notes shall be subordinated in right of payment to the Class A Notes, to the extent set forth herein. The Class C Notes shall be subordinated in right of payment to the Class A Notes and Class B Notes, to the extent set forth herein. The Class D Notes, if issued, shall be subordinated in right of payment to the Class A Notes, Class B Notes and Class C Notes, to the extent set forth herein. The Class R Notes shall be subordinated to the Class A Notes, the Class B Notes, the Class C Notes and (if issued) the Class D Notes. The proceeds from the sale of the Class A Notes, Class B Notes, Class C Notes and Class R Notes shall be deposited in the Collection Account and shall be deemed to be Principal Collections. The Series 20192024-1 3 Notes are a non‑Segregated non-Segregated Series of Notes (as more fully described in the Base Indenture). Accordingly, all references in this Supplement to “all” Series of Notes (and all references in this Supplement to terms defined in the Base Indenture that contain references to “all” Series of Notes) shall refer to all Series of Notes other than Segregated Series of Notes.

Designation. There is hereby created a Series of Notes to be issued pursuant to the Base Indenture and this Supplement, and such Series of Notes shall be designated generally as the “Series 20192017-1 2 Rental Car Asset Backed Notes”. The Series 20192017-1 2 Notes shall be issued in up to five Classes, the first of which shall be known as the “Class A Notes”, the second of which shall be known as the “Class B Notes”, the third of which shall be known as the “Class C Notes”, the fourth of which shall be known as the “Class R Notes” and the fifth of which, if issued, shall be known as the “Class D Notes”. On the Series 20192017-1 2 Closing Date, ABRCF shall issue (i) one tranche of Class A Notes, which shall be designated as the “Series 20192017-1 3.452 2.97% Rental Car Asset Backed Notes, Class A”, (ii) one tranche of Class B Notes, which shall be designated as the “Series 20192017-1 3.702 3.33% Rental Car Asset Backed Notes, Class B”, (iii) one tranche of Class C Notes, which shall be designated as the “Series 20192017-1 4.532 4.17% Rental Car Asset Backed Notes, Class C” and (iv) one tranche of Class R Notes, which shall be designated the “Series 2019-1 6.1922017 6.50% Rental Car Asset Backed Notes, Class R”. Subsequent to the Series 20192017-1 2 Closing Date, ABRCF may on any date during the Series 20192017-1 2 Revolving Period offer and sell additional Series 20192017-1 2 Notes subject to the conditions set forth in Section 5.15. Such additional Series 20192017-1 2 Notes, if issued, shall be designated as the “Series 20192017-1 2 Rental Car Asset Backed Notes, Class D” and shall be referred to herein as the “Class D Notes”. The Class A Notes, Class B Notes, Class C Notes, Class D Notes, if issued, and Class R Notes collectively, constitute the Series 20192017-1 2 Notes. The Class B Notes shall be subordinated AMERICAS 93983148 (2K) 1 in right of payment to the Class A Notes, to the extent set forth herein. The Class C Notes shall be subordinated in right of payment to the Class A Notes and Class B Notes, to the extent set forth herein. The Class D Notes, if issued, shall be subordinated in right of payment to the Class A Notes, Class B Notes and Class C Notes, to the extent set forth herein. The Class R Notes shall be subordinated to the Class A Notes, the Class B Notes, the Class C Notes and (if issued) the Class D Notes. The proceeds from the sale of the Class A Notes, Class B Notes, Class C Notes and Class R Notes shall be deposited in the Collection Account and shall be deemed to be Principal Collections. The Series 20192017-1 2 Notes are a non‑Segregated Series of Notes (as more fully described in the Base Indenture). Accordingly, all references in this Supplement to “all” Series of Notes (and all references in this Supplement to terms defined in the Base Indenture that contain references to “all” Series of Notes) shall refer to all Series of Notes other than Segregated Series of Notes.

Designation. There is hereby created a Series of Notes to be issued pursuant to the Base Indenture and this Supplement, and such Series of Notes shall be designated generally as the “Series 20192018-1 Rental Car Asset Backed Notes”. The Series 20192018-1 Notes shall be issued in up to five Classes, the first of which shall be known as the “Class A Notes”, the second of which shall be known as the “Class B Notes”, the third of which shall be known as the “Class C Notes”, the fourth of which shall be known as the “Class R Notes” and the fifth of which, if issued, shall be known as the “Class D Notes”. On the Series 20192018-1 Closing Date, ABRCF shall issue (i) one tranche of Class A Notes, which shall be designated as the “Series 20192018-1 3.453.70% Rental Car Asset Backed Notes, Class A”, (ii) one tranche of Class B Notes, which shall be designated as the “Series 20192018-1 3.704.00% Rental Car Asset Backed Notes, Class B”, (iii) one tranche of Class C Notes, which shall be designated as the “Series 20192018-1 4.534.73% Rental Car Asset Backed Notes, Class C” and (iv) one tranche of Class R Notes, which shall be designated the “Series 20192018-1 6.1926.354% Rental Car Asset Backed Notes, Class R”. Subsequent to the Series 20192018-1 Closing Date, ABRCF may on any date during the Series 20192018-1 Revolving Period offer and sell additional Series 20192018-1 Notes subject to the conditions set forth in Section 5.15. Such additional Series 20192018-1 Notes, if issued, shall be designated as the “Series 20192018-1 Rental Car Asset Backed Notes, Class D” and shall be referred to herein as the “Class D Notes”. The Class A Notes, Class B Notes, Class C Notes, Class D Notes, if issued, and Class R Notes collectively, constitute the Series 20192018-1 Notes. The Class B Notes shall be subordinated in right of payment to the Class A Notes, to the extent set forth herein. The Class C Notes shall be subordinated in right of payment to the Class A Notes and Class B Notes, to the extent set forth herein. The Class D Notes, if issued, shall be subordinated in right of payment to the Class A Notes, Class B Notes and Class C Notes, to the extent set forth herein. The Class R Notes shall be subordinated to the Class A Notes, the Class B Notes, the Class C Notes and (if issued) the Class D Notes. The proceeds from the sale of the Class A Notes, Class B Notes, Class C Notes and Class R Notes shall be deposited in the Collection Account and shall be deemed to be Principal Collections. The Series 20192018-1 Notes are a non‑Segregated Series of Notes (as more fully described in the Base Indenture). Accordingly, all references in this Supplement to “all” Series of Notes (and all references in this Supplement to terms defined in the Base Indenture that contain references to “all” Series of Notes) shall refer to all Series of Notes other than Segregated Series of Notes.

Designation. There is hereby created a Series of Notes to be issued pursuant to the Base Indenture and this Supplement, and such Series of Notes shall be designated generally as the “Series 20192010-1 4 Rental Car Asset Backed Notes”. The Series 20192010-1 4 Notes shall be issued in up to five three Classes, the first of which shall be known as the “Class A Notes”, the second of which shall be known as the “Class B Notes”, ” and the third of which shall be known as the “Class C Notes”, the fourth of which shall be known as the “Class R Notes” and the fifth of which, if issued, shall be known as the “Class D Notes”. On the Series 2019-1 Closing Date, ABRCF shall issue (i) one tranche of Class A Notes, which shall be designated as the “Series 20192010-1 3.454 2.09% Rental Car Asset Backed Notes, Class A”, (ii) one tranche of Class B Notes, which shall be designated as the “Series 20192010-1 3.704 4.02% Rental Car Asset Backed Notes, Class B”, B and (iii) one tranche of Class C Notes, which shall be designated as the “Series 20192010-1 4.534 5.34% Rental Car Asset Backed Notes, Class C” and (iv) one tranche of Class R Notes, which shall be designated the “Series 2019-1 6.192% Rental Car Asset Backed Notes, Class R”. Subsequent to the Series 2019-1 Closing Date, ABRCF may on any date during the Series 2019-1 Revolving Period offer and sell additional Series 2019-1 Notes subject to the conditions set forth in Section 5.15. Such additional Series 2019-1 Notes, if issued, shall be designated as the “Series 2019-1 Rental Car Asset Backed Notes, Class D” and shall be referred to herein as the “Class D Notes”. C. The Class A Notes, Class B Notes, Notes and Class C Notes, Class D Notes, if issued, and Class R Notes collectivelytogether, constitute the Series 20192010-1 4 Notes. The Class B Notes shall be subordinated in right of payment to the Class A Notes, to the extent set forth herein. The Class C Notes shall be subordinated in right of payment to the Class A Notes and Class B Notes, to the extent set forth herein. The Class D Notes, if issued, shall be subordinated in right of payment to the Class A Notes, Class B Notes and Class C Notes, to the extent set forth herein. The Class R Notes shall be subordinated to the Class A Notes, the Class B Notes, the Class C Notes and (if issued) the Class D Notes. The proceeds from the sale of the Class A Notes, Class B Notes, Class C Notes and Class R Series 2010-4 Notes shall be deposited in the Collection Account and shall be deemed to be Principal Collections. The Series 20192010-1 4 Notes are a non‑Segregated non-Segregated Series of Notes (as more fully described in the Base Indenture). Accordingly, all references in this Supplement to “all” Series of Notes (and all references in this Supplement to terms defined in the Base Indenture that contain references to “all” Series of Notes) shall refer to all Series of Notes other than Segregated Series of Notes.

Designation. There is hereby created a Series of Notes to be issued pursuant to the Base Indenture and this Supplement, and such Series of Notes shall be designated generally as the “Series 20192024-1 Rental Car Asset Backed Notes”. The Series 20192024-1 Notes shall be issued in up to five Classes, the first of which shall be known as the “Class A Notes”, the second of which shall be known as the “Class B Notes”, the third of which shall be known as the “Class C Notes”, the fourth of which shall be known as the “Class R Notes” and the fifth of which, if issued, shall be known as the “Class D Notes”. On the Series 20192024-1 Closing Date, ABRCF shall issue (i) one tranche of Class A Notes, which shall be designated as the “Series 20192024-1 3.455.36% Rental Car Asset Backed Notes, Class A”, (ii) one tranche of Class B Notes, which shall be designated as the “Series 20192024-1 3.705.85% Rental Car Asset Backed Notes, Class B”, (iii) one tranche of Class C Notes, which shall be designated as the “Series 20192024-1 4.536.48% Rental Car Asset Backed Notes, Class C” and (iv) one tranche of Class R Notes, which shall be designated the “Series 20192024-1 6.1928.427% Rental Car Asset Backed Notes, Class R”. Subsequent to the Series 20192024-1 Closing Date, ABRCF may on any date during the Series 20192024-1 Revolving Period offer and sell additional Series 20192024-1 Notes subject to the conditions set forth in Section 5.15. Such additional Series 20192024-1 Notes, if issued, shall be designated as the “Series 20192024-1 Rental Car Asset Backed Notes, Class D” and shall be referred to herein as the “Class D Notes”. The Class A Notes, Class B Notes, Class C Notes, Class D Notes, if issued, and Class R Notes collectively, constitute the Series 20192024-1 Notes. The Class B Notes shall be subordinated in right of payment to the Class A Notes, to the extent set forth herein. The Class C Notes shall be subordinated in right of payment to the Class A Notes and Class B Notes, to the extent set forth herein. The Class D Notes, if issued, shall be subordinated in right of payment to the Class A Notes, Class B Notes and Class C Notes, to the extent set forth herein. The Class R Notes shall be subordinated to the Class A Notes, the Class B Notes, the Class C Notes and (if issued) the Class D Notes. The proceeds from the sale of the Class A Notes, Class B Notes, Class C Notes and Class R Notes shall be deposited in the Collection Account and shall be deemed to be Principal Collections. The Series 20192024-1 Notes are a non‑Segregated non-Segregated Series of Notes (as more fully described in the Base Indenture). Accordingly, all references in this Supplement to “all” Series of Notes (and all references in this Supplement to terms defined in the Base Indenture that contain references to “all” Series of Notes) shall refer to all Series of Notes other than Segregated Series of Notes.

Designation. There is hereby created a Series of Notes to be issued pursuant to the Base Indenture and this Supplement, and such Series of Notes shall be designated generally as the “Series 2019-1 3 Rental Car Asset Backed Notes”. The Series 2019-1 3 Notes shall be issued in up to five Classes, the first of which shall be known as the “Class A Notes”, the second of which shall be known as the “Class B Notes”, the third of which shall be known as the “Class C Notes”, the fourth of which shall be known as the “Class R Notes” and the fifth of which, if issued, shall be known as the “Class D Notes”. On the Series 2019-1 3 Closing Date, ABRCF shall issue (i) one tranche of Class A Notes, which shall be designated as the “Series 2019-1 3.453 2.36% Rental Car Asset Backed Notes, Class A”, (ii) one tranche of Class B Notes, which shall be designated as the “Series 2019-1 3.703 2.65% Rental Car Asset Backed Notes, Class B”, (iii) one tranche of Class C Notes, which shall be designated as the “Series 2019-1 4.533 3.15% Rental Car Asset Backed Notes, Class C” and (iv) one tranche of Class R Notes, which shall be designated the “Series 2019-1 6.1923 4.874% Rental Car Asset Backed Notes, Class R”. Subsequent to the Series 2019-1 3 Closing Date, ABRCF may on any date during the Series 2019-1 3 Revolving Period offer and sell additional Series 2019-1 3 Notes subject to the conditions set forth in Section 5.15. Such additional Series 2019-1 3 Notes, if issued, shall be designated as the “Series 2019-1 3 Rental Car Asset Backed Notes, Class D” and shall be referred to herein as the “Class D Notes”. The Class A Notes, Class B Notes, Class C Notes, Class D Notes, if issued, and Class R Notes collectively, constitute the Series 2019-1 3 Notes. The Class B Notes shall be subordinated in right of payment to the Class A Notes, to the extent set forth herein. The Class C Notes shall be subordinated in right of payment to the Class A Notes and Class B Notes, to the extent set forth herein. The Class D Notes, if issued, shall be subordinated in right of payment to the Class A Notes, Class B Notes and Class C Notes, to the extent set forth herein. The Class R Notes shall be subordinated to the Class A Notes, the Class B Notes, the Class C Notes and (if issued) the Class D Notes. The proceeds from the sale of the Class A Notes, Class B Notes, Class C Notes and Class R Notes shall be deposited in the Collection Account and shall be deemed to be Principal Collections. The Series 2019-1 3 Notes are a non‑Segregated Series of Notes (as more fully described in the Base Indenture). Accordingly, all references in this Supplement to “all” Series of Notes (and all references in this Supplement to terms defined in the Base Indenture that contain references to “all” Series of Notes) shall refer to all Series of Notes other than Segregated Series of Notes.

Designation. There is hereby created a Series of Notes to be issued pursuant to the Base Indenture and this Supplement, and such Series of Notes shall be designated generally as the “Series 20192010-1 5 Rental Car Asset Backed Notes”. The Series 20192010-1 5 Notes shall be issued in up to five three Classes, the first of which shall be known as the “Class A Notes”, the second of which shall be known as the “Class B Notes”, ” and the third of which shall be known as the “Class C Notes”, the fourth of which shall be known as the “Class R Notes” and the fifth of which, if issued, shall be known as the “Class D Notes”. On the Series 2019-1 Closing Date, ABRCF shall issue (i) one tranche of Class A Notes, which shall be designated as the “Series 20192010-1 3.455 3.15% Rental Car Asset Backed Notes, Class A”, (ii) one tranche of Class B Notes, which shall be designated as the “Series 20192010-1 3.705 5.11% Rental Car Asset Backed Notes, Class B”, B and (iii) one tranche of Class C Notes, which shall be designated as the “Series 20192010-1 4.535 5.94% Rental Car Asset Backed Notes, Class C” and (iv) one tranche of Class R Notes, which shall be designated the “Series 2019-1 6.192% Rental Car Asset Backed Notes, Class R”. Subsequent to the Series 2019-1 Closing Date, ABRCF may on any date during the Series 2019-1 Revolving Period offer and sell additional Series 2019-1 Notes subject to the conditions set forth in Section 5.15. Such additional Series 2019-1 Notes, if issued, shall be designated as the “Series 2019-1 Rental Car Asset Backed Notes, Class D” and shall be referred to herein as the “Class D Notes”. C. The Class A Notes, Class B Notes, Notes and Class C Notes, Class D Notes, if issued, and Class R Notes collectivelytogether, constitute the Series 20192010-1 5 Notes. The Class B Notes shall be subordinated in right of payment to the Class A Notes, to the extent set forth herein. The Class C Notes shall be subordinated in right of payment to the Class A Notes and Class B Notes, to the extent set forth herein. The Class D Notes, if issued, shall be subordinated in right of payment to the Class A Notes, Class B Notes and Class C Notes, to the extent set forth herein. The Class R Notes shall be subordinated to the Class A Notes, the Class B Notes, the Class C Notes and (if issued) the Class D Notes. The proceeds from the sale of the Class A Notes, Class B Notes, Class C Notes and Class R Series 2010-5 Notes shall be deposited in the Collection Account and shall be deemed to be Principal Collections. The Series 20192010-1 5 Notes are a non‑Segregated non-Segregated Series of Notes (as more fully described in the Base Indenture). Accordingly, all references in this Supplement to “all” Series of Notes (and all references in this Supplement to terms defined in the Base Indenture that contain references to “all” Series of Notes) shall refer to all Series of Notes other than Segregated Series of Notes.

Designation. There is hereby was created a Series of Notes to be issued pursuant to the Base Indenture and this the Prior Supplement, and such Series of Notes shall be was designated generally as the “Series 20192012-1 3 Rental Car Asset Backed Notes”. .” The Series 20192012-1 3 Notes shall were permitted to be issued in up to five three Classes, the first of which shall be known as the “Class A Notes”, the second of which shall be known as the “Class B Notes”, ” and the third of which shall be known as the “Class C Notes”, the fourth of which shall be known as the “. NEWYORK 8960493 (2K)A&R Series 2012-3 Supplement (Class R Notes” and the fifth of which, if issued, shall be known as the “Class D Notes”. C Note issuance) 1 On the Series 20192012-1 3 Closing Date, ABRCF shall issue issued (i) one tranche of Class A Notes, which shall be was designated as the “Series 20192012-1 3.453 2.10% Rental Car Asset Backed Notes, Class A”, ” and (ii) one tranche of Class B Notes, which shall be was designated as the “Series 20192012-1 3.703 3.04% Rental Car Asset Backed Notes, Class B”. On the Class C Notes Closing Date, (iii) ABRCF shall issue one tranche of Class C Notes, which shall be designated as the “Series 20192012-1 4.533 4.23% Rental Car Asset Backed Notes, Class C” and (iv) one tranche of Class R Notes, which shall be designated the “Series 2019-1 6.192% Rental Car Asset Backed Notes, Class R”. Subsequent to the Series 2019-1 Closing Date, ABRCF may on any date during the Series 2019-1 Revolving Period offer and sell additional Series 2019-1 Notes subject to the conditions set forth in Section 5.15. Such additional Series 2019-1 Notes, if issued, shall be designated as the “Series 2019-1 Rental Car Asset Backed Notes, Class D” and shall be referred to herein as the “Class D Notes”. The Class A Notes, Class B Notes, Notes and Class C Notes, Class D Notes, if issued, and Class R Notes collectivelytogether, constitute the Series 20192012-1 3 Notes. The Class B Notes shall be subordinated in right of payment to the Class A Notes, to the extent set forth herein. The Class C Notes shall be subordinated in right of payment to the Class A Notes and Class B Notes, to the extent set forth herein. The Class D Notes, if issued, shall be subordinated in right of payment to the Class A Notes, Class B Notes and Class C Notes, to the extent set forth herein. The Class R Notes shall be subordinated to the Class A Notes, the Class B Notes, the Class C Notes and (if issued) the Class D Notes. The proceeds from the sale of the Class A Notes, Class B Notes, Class C Notes and Class R B Notes were deposited in the Collection Account and were deemed to be Principal Collections, and the proceeds of the Class C Notes shall be deposited in the Collection Account and shall be deemed to be Principal Collections. The Series 20192012-1 3 Notes are a non‑Segregated Series of Notes (as more fully described in the Base Indenture). Accordingly, all references in this Supplement to “all” Series of Notes (and all references in this Supplement to terms defined in the Base Indenture that contain references to “all” Series of Notes) shall refer to all Series of Notes other than Segregated Series of Notes.

Designation. There is hereby was created a Series of Notes to be issued pursuant to the Base Indenture and this the Prior Supplement, and such Series of Notes shall be was designated generally as the “Series 2019-1 2 Rental Car Asset Backed Notes”. The Series 2019-1 2 Notes shall were permitted to be issued in up to five Classes, the first of which shall be is known as the “Class A Notes”, the second of which shall be is known as the “Class B Notes”, the third of which shall be is known as the “Class C Notes”, the fourth of which shall be is known as the “Class R Notes” and the fifth of which, if issued, which shall be known as the “Class D Notes”. On the Series 2019-1 Class A/B/C Notes Closing Date, ABRCF shall issue issued (i) one tranche of Class A Notes, which shall be Notes designated as the “Series 2019-1 3.452 3.35% Rental Car Asset Backed Notes, Class A”, (ii) one tranche of Class B Notes, which shall be Notes designated as the “Series 2019-1 3.702 3.55% Rental Car Asset Backed Notes, Class B”, (iii) one tranche of Class C Notes, which shall be Notes designated as the “Series 2019-1 4.532 4.24% Rental Car Asset Backed Notes, Class C” and (iv) one tranche of Class R Notes, which shall be Notes designated the “Series 2019-1 6.1922 5.926% Rental Car Asset Backed Notes, Class R”. Subsequent to On the Series 2019-1 Class D Notes Closing Date, ABRCF may on any date during the Series 2019-1 Revolving Period offer and sell additional Series 2019-1 shall issue (i) one tranche of Class D Notes subject to the conditions set forth in Section 5.15. Such additional Series 2019-1 Notes, if issued, shall be designated as the “Series 2019-1 2 Rental Car Asset Backed Notes, Class D” and shall be referred to herein as the “(ii) Additional Class D R Notes”. The Class A Notes, Class B Notes, Class C Notes, Class D Notes, if issued, Notes and Class R Notes collectively, constitute the Series 2019-1 2 Notes. The Class B Notes shall be subordinated in right of payment to the Class A Notes, to the extent set forth herein. The Class C Notes shall be subordinated in right of payment to the Class A Notes and Class B Notes, to the extent set forth herein. The Class D Notes, if issued, Notes shall be subordinated in right of payment to the Class A Notes, Class B Notes and Class C Notes, to the extent set forth herein. The Class R Notes shall be subordinated to the Class A Notes, the Class B Notes, the Class C Notes and (if issued) the Class D Notes. The proceeds from the sale of the Class A Notes, Class B Notes, Class C Notes and Class R Notes were deposited in the Collection Account and were deemed to be Principal Collections, and the proceeds from the sale of the Class D Notes and Additional Class R Notes shall be deposited in the Collection Account and shall be deemed to be Principal Collections. The Series 2019-1 2 Notes are a non‑Segregated non-Segregated Series of Notes (as more fully described in the Base Indenture). Accordingly, all references in this Supplement to “all” Series of Notes (and all references in this Supplement to terms defined in the Base Indenture that contain references to “all” Series of Notes) shall refer to all Series of Notes other than Segregated Series of Notes.