Common use of Interest Accrual Clause in Contracts

Interest Accrual. Each Class of Series 2016-5 Notes will accrue interest on its Note Balance for each Interest Period until the Note Balance has been paid in full at a rate per annum equal to its Note Interest Rate for that Interest Period. Interest on the Notes (other than the Floating Rate Notes) will be calculated for each Interest Period on the basis of a 360-day year consisting of twelve 30-day months. Interest on the Floating Rate Notes for each Interest Period will be calculated on the basis of the actual number of days in the Interest Period and a 360-day year. Interest on each Note for each Interest Period will be due and payable on the related Payment Date.

Interest Accrual. Each Class of Series 20162020-5 1 Notes will accrue interest on its Note Balance for each Interest Period until the Note Balance has been paid in full at a rate per annum equal to its Note Interest Rate for that Interest Period. Interest on the Notes (other than the Floating Rate Notes) will be calculated for each Interest Period on the basis of a 360-day year consisting of twelve 30-day months. Interest on the Floating Rate Notes for each Interest Period will be calculated on the basis of the actual number of days in the Interest Period and a 360-day year. Interest on each Note for each Interest Period will be due and payable on the related Payment Date.

Interest Accrual. Each Class of Series 20162017-5 2 Notes will accrue interest on its Note Balance for each Interest Period until the Note Balance has been paid in full at a rate per annum equal to its Note Interest Rate for that Interest Period. Interest on the Notes (other than the Floating Rate Notes) will be calculated for each Interest Period on the basis of a 360-day year consisting of twelve 30-day months. Interest on the Floating Rate Notes for each Interest Period will be calculated on the basis of the actual number of days in the Interest Period and a 360-day year. Interest on each Note for each Interest Period will be due and payable on the related Payment Date.

Interest Accrual. Each Class of Series 2016-5 4 Notes will accrue interest on its Note Balance for each Interest Period until the Note Balance has been paid in full at a rate per annum equal to its Note Interest Rate for that Interest Period. Interest on the Notes (other than the Floating Rate Notes) will be calculated for each Interest Period on the basis of a 360-day year consisting of twelve 30-day months. Interest on the Floating Rate Notes for each Interest Period will be calculated on the basis of the actual number of days in the Interest Period and a 360-day year. Interest on each Note for each Interest Period will be due and payable on the related Payment Date.

Interest Accrual. Each Class of Series 2016-5 1 Notes will accrue interest on its Note Balance for each Interest Period until the Note Balance has been paid in full at a rate per annum equal to its Note Interest Rate for that Interest Period. Interest on the Notes (other than the Floating Rate Notes) will be calculated for each Interest Period on the basis of a 360-day year consisting of twelve 30-day months. Interest on the Floating Rate Notes for each Interest Period will be calculated on the basis of the actual number of days in the Interest Period and a 360-day year. Interest on each Note for each Interest Period will be due and payable on the related Payment Date.

Interest Accrual. Each Class of Series 20162018-5 1 Notes will accrue interest on its Note Balance for each Interest Period until the Note Balance has been paid in full at a rate per annum equal to its Note Interest Rate for that Interest Period. Interest on the Notes (other than the Floating Rate Notes) will be calculated for each Interest Period on the basis of a 360-day year consisting of twelve 30-day months. Interest on the Floating Rate Notes for each Interest Period will be calculated on the basis of the actual number of days in the Interest Period and a 360-day year. Interest on each Note for each Interest Period will be due and payable on the related Payment Date.

Interest Accrual. Each Class of Series 20162019-5 3 Notes will accrue interest on its Note Balance for each Interest Period until the Note Balance has been paid in full at a rate per annum equal to its Note Interest Rate for that Interest Period. Interest on the Notes (other than the Floating Rate Notes) will be calculated for each Interest Period on the basis of a 360-day year consisting of twelve 30-day months. Interest on the Floating Rate Notes for each Interest Period will be calculated on the basis of the actual number of days in the Interest Period and a 360-day year. Interest on each Note for each Interest Period will be due and payable on the related Payment Date.

Interest Accrual. Each Class of Series 20162017-5 1 Notes will accrue interest on its Note Balance for each Interest Period until the Note Balance has been paid in full at a rate per annum equal to its Note Interest Rate for that Interest Period. Interest on the Notes (other than the Floating Rate Notes) will be calculated for each Interest Period on the basis of a 360-day year consisting of twelve 30-day months. Interest on the Floating Rate Notes for each Interest Period will be calculated on the basis of the actual number of days in the Interest Period and a 360-day year. Interest on each Note for each Interest Period will be due and payable on the related Payment Date.

Interest Accrual. Each Class of Series 2016-5 3 Notes will accrue interest on its Note Balance for each Interest Period until the Note Balance has been paid in full at a rate per annum equal to its Note Interest Rate for that Interest Period. Interest on the Notes (other than the Floating Rate Notes) will be calculated for each Interest Period on the basis of a 360-day year consisting of twelve 30-day months. Interest on the Floating Rate Notes for each Interest Period will be calculated on the basis of the actual number of days in the Interest Period and a 360-day year. Interest on each Note for each Interest Period will be due and payable on the related Payment Date.

Interest Accrual. Each Class of Series 20162018-5 3 Notes will accrue interest on its Note Balance for each Interest Period until the Note Balance has been paid in full at a rate per annum equal to its Note Interest Rate for that Interest Period. Interest on the Notes (other than the Floating Rate Notes) will be calculated for each Interest Period on the basis of a 360-day year consisting of twelve 30-day months. Interest on the Floating Rate Notes for each Interest Period will be calculated on the basis of the actual number of days in the Interest Period and a 360-day year. Interest on each Note for each Interest Period will be due and payable on the related Payment Date.