Common use of FASIT Matters Clause in Contracts

FASIT Matters. An election has been made to treat the Trust Estate as a FASIT known as the RFS FASIT. December 30, 2002 was designated as the “Startup Day” of the RFS FASIT within the meaning of section 860L(d)(1) of the Code. The Ownership Interest was designated as the single class of “ownership interest” (within the meaning of section 860L(b)(2) of the Code) in the RFS FASIT. Notwithstanding any provision of the Indenture or this Indenture Supplement to the contrary, each class of Series 2006-1 Regular Interests shall mature on or before December 1, 2020.

FASIT Matters. An election has been made to treat the Trust Estate as a FASIT known as the RFS FASIT. December 30, 2002 was designated as the “Startup Day” of the RFS FASIT within the meaning of section 860L(d)(1) of the Code. The Ownership Interest was designated as the single class of “ownership interest” (within the meaning of section 860L(b)(2) of the Code) in the RFS FASIT. Notwithstanding any provision of the Indenture or this Indenture Supplement to the contrary, each class of Series 2006-1 [200 - ] Regular Interests shall mature on or before December 1, 2020.

FASIT Matters. An election has been made to treat the Trust Estate as a FASIT known as the RFS FASIT. December 30, 2002 was designated as the “Startup Day” of the RFS FASIT within the meaning of section 860L(d)(1) of the Code. The Ownership Interest was designated as the single class of “ownership interest” (within the meaning of section 860L(b)(2) of the Code) in the RFS FASIT. Notwithstanding any provision of the Indenture or this Indenture Supplement to the contrary, each class of Series 20062007-1 3 Regular Interests shall mature on or before December 1, 2020.

FASIT Matters. An election has been made to treat the Trust Estate as a FASIT known as the RFS FASIT. December 30, 2002 was designated as the “Startup Day” of the RFS FASIT within the meaning of section 860L(d)(1) of the Code. The Ownership Interest was designated as the single class of “ownership interest” (within the meaning of section 860L(b)(2) of the Code) in the RFS FASIT. Notwithstanding any provision of the Indenture or this Indenture Supplement to the contrary, each class of Series 2006[200 -1 ] Regular Interests shall mature on or before December 1, 2020.

FASIT Matters. An election has been made to treat the Trust Estate as a FASIT known as the RFS FASIT. December 30, 2002 was designated as the “Startup Day” of the RFS FASIT within the meaning of section 860L(d)(1) of the Code. The Ownership Interest was designated as the single class of “ownership interest” (within the meaning of section 860L(b)(2) of the Code) in the RFS FASIT. Notwithstanding any provision of the Indenture or this Indenture Supplement to the contrary, each class of Series 20062007-1 Regular Interests shall mature on or before December 1, 2020.

FASIT Matters. An election has been made to treat the Trust Estate as a FASIT known as the RFS FASIT. December 30, 2002 was designated as the “Startup Day” of the RFS FASIT within the meaning of section 860L(d)(1) of the Code. The Ownership Interest was designated as the single class of “ownership interest” (within the meaning of section 860L(b)(2) of the Code) in the RFS FASIT. Notwithstanding any provision of the Indenture or this Indenture Supplement to the contrary, each class of Series 20062007-1 4 Regular Interests shall mature on or before December 1, 2020.

FASIT Matters. An election has been made to treat the Trust Estate as a FASIT known as the RFS FASIT. December 30, 2002 was designated as the “Startup Day” of the RFS FASIT within the meaning of section 860L(d)(1) of the Code. The Ownership Interest was designated as the single class of “ownership interest” (within the meaning of section 860L(b)(2) of the Code) in the RFS FASIT. Notwithstanding any provision of the Indenture or this Indenture Supplement to the contrary, each class of Series 20062005-1 2 Regular Interests shall mature on or before December 1, 2020.

FASIT Matters. An election has been made to treat the Trust Estate as a FASIT known as the RFS FASIT. December 30, 2002 was designated as the “Startup Day” of the RFS FASIT within the meaning of section 860L(d)(1) of the Code. The Ownership Interest was designated as the single class of “ownership interest” (within the meaning of section 860L(b)(2) of the Code) in the RFS FASIT. Notwithstanding any provision of the Indenture or this Indenture Supplement to the contrary, each class of Series 20062005-1 3 Regular Interests shall mature on or before December 1, 2020.

FASIT Matters. An election has been made to treat the Trust Estate as a FASIT known as the RFS FASIT. December 30, 2002 was designated as the “Startup Day” of the RFS FASIT within the meaning of section 860L(d)(1) of the Code. The Ownership Interest was designated as the single class of “ownership interest” (within the meaning of section 860L(b)(2) of the Code) in the RFS FASIT. Notwithstanding any provision of the Indenture or this Indenture Supplement to the contrary, each class of Series 20062004-1 2 Regular Interests shall mature on or before December 1, 2020.

FASIT Matters. An election has been made to treat the Trust Estate as a FASIT known as the RFS FASIT. December 30, 2002 was designated as the “Startup Day” of the RFS FASIT within the meaning of section 860L(d)(1) of the Code. The Ownership Interest was designated as the single class of “ownership interest” (within the meaning of section 860L(b)(2) of the Code) in the RFS FASIT. Notwithstanding any provision of the Indenture or this Indenture Supplement to the contrary, each class of Series 20062005-1 Regular Interests shall mature on or before December 1, 2020.

FASIT Matters. An election has been made to treat the Trust Estate as a FASIT known as the RFS FASIT. December 30, 2002 was designated as the “Startup Day” of the RFS FASIT within the meaning of section 860L(d)(1) of the Code. The Ownership Interest was designated as the single class of “ownership interest” (within the meaning of section 860L(b)(2) of the Code) in the RFS FASIT. Notwithstanding any provision of the Indenture or this Indenture Supplement to the contrary, each class of Series 20062004-1 Regular Interests shall mature on or before December 1, 2020.

FASIT Matters. An election has been made to treat the Trust Estate as a FASIT known as the RFS FASIT. December 30, 2002 was designated as the “Startup Day” of the RFS FASIT within the meaning of section 860L(d)(1) of the Code. The Ownership Interest was designated as the single class of “ownership interest” (within the meaning of section 860L(b)(2) of the Code) in the RFS FASIT. Notwithstanding any provision of the Indenture or this Indenture Supplement to the contrary, each class of Series 20062007-1 2 Regular Interests shall mature on or before December 1, 2020.