Common use of Monthly Noteholders’ Statement Clause in Contracts

Monthly Noteholders’ Statement. (a) On each Payment Date, the Trustee shall forward to each Noteholder of record of all outstanding Series, the Paying Agent (if other than the Trustee), any Note Owner, upon provision of evidence satisfactory to the Trustee as to its ownership interest, and any Enhancement Provider, and the Servicer, upon a single submission by a Note Owner of evidence satisfactory to the Servicer as to such Note Owner's ownership interest, shall forward to such Note Owner on each Payment Date thereafter until otherwise instructed or until such Person ceases to be a Note Owner, a statement substantially in the form of Exhibit D (each, a "Monthly Noteholders' Statement") prepared by the Servicer, delivered to the Trustee and the Rating Agencies and setting forth the following information (which, in the case of clauses (iii), (iv) and (v) below, shall be expressed as a dollar amount per $1,000 of the original principal amount of the Notes of such Series and, in the case of clause (viii) shall be stated on an aggregate basis and on the basis of a dollar amount per $1,000 of the original principal amount of the Notes of such Series): (i) the aggregate amount of Interest Collections processed since the prior Payment Date, the aggregate amount of Principal Collections processed during the -42- 50 Related Month and the aggregate amount of Collections processed during such periods; (ii) the Invested Percentage with respect to Interest Collections and Principal Collections for such Series on the last day of the Related Month; (iii) the total amount to be distributed to Noteholders of such Series on the next succeeding Payment Date; (iv) the amount of such distribution allocable to principal on the Notes of such Series; (v) the amount of such distribution allocable to interest on the Notes of such Series; (vi) the amount of any drawing under any Enhancement, if any, for such Series for such Payment Date; (vii) the amount of the Monthly Servicing Fee for such Series for such Payment Date; (viii) the amount available under the applicable Enhancement, if any, for such Series as of the close of business on such Payment Date after giving effect to any drawings on the applicable Enhancement and payments to the applicable Enhancement Provider on such Payment Date; (ix) the ratio of the amount available under the applicable Enhancement, if any, to the Invested Amount for such Series as of the close of business on such Payment Date after giving effect to any drawings on the applicable Enhancement and payments to the applicable Enhancement Provider on such Payment Date; (x) the Pool Factor, if any, for such Series as of the end of the Record Date with respect to such Payment Date; (xi) whether, to the knowledge of the Servicer, any Liens exist with respect to any of the Collateral which are not permitted under the Related Documents; (xii) the Aggregate Asset Amount and the amount of any Asset Amount Deficiency; (xiii) the Controlled Distribution Amount and the Carryover Controlled Amortization Amount (as defined for any -43- 51 Series or class of Notes in the applicable Supplement) for such Payment Date; (xiv) the Net Book Value of Program Vehicles and the Net Book Value of Non-Program Vehicles from each Manufacturer as of the last day of the Related Month; (xv) the ratios of the Non-Program Vehicles and the Program Vehicles, respectively, to all Vehicles; (xvi) the number of Vehicles of each Manufacturer as of the last date of the Related Month; (xvii) the average age of all Program Vehicles and average age of all Non-Program Vehicles as of the last day of the Related Month; (xviii) the average total monthly Depreciation Charges per Program Vehicle and per Non-Program Vehicle during the Related Month; and (xix) with respect to any Series, the information specified in the related Supplement.

Monthly Noteholders’ Statement. (a) On each Payment DateThe Master Servicer shall, the Trustee shall forward to each Noteholder with cooperation of record of all outstanding Series, the Paying Agent (if other than the Trustee), any Note Owner, upon provision of evidence satisfactory to the Trustee as to its ownership interest, and any Enhancement Provider, and the Servicer, upon prepare a single submission by a Note Owner of evidence satisfactory to the Servicer as to such Note Owner's ownership interest, shall forward to such Note Owner on each Payment Date thereafter until otherwise instructed or until such Person ceases to be a Note Owner, a monthly statement substantially in the form of Exhibit D of the Series Supplement for the Series 2011-1 Notes (each, a "“Monthly Noteholders' ’ Statement") prepared by the Servicer, delivered ”). The Master Servicer shall deliver to the Trustee and each Rating Agency each such Monthly Noteholders’ Statement with respect to the Rating Agencies and Series 2011-1 Notes on or before the fourth Business Day before each Payment Date (unless otherwise agreed to by the Trustee), in a Microsoft Excel electronic file (or similar electronic file), setting forth forth, inter alia, the following information (which, in the case of clauses (iiiiv), (ivv) and (vvi) below, shall be expressed as a dollar amount per $1,000 of the original principal amount Principal Amount of the Series 2011-1 Notes of such Series and, in the case of clause (viiiix) shall be stated on an aggregate basis and on the basis of a dollar amount per $1,000 of the original principal amount Principal Amount of the Notes of such SeriesSeries 2011-1 Notes): (i) the aggregate amount of Series 2011-1 Interest Collections processed since the prior Payment Date, the aggregate amount of Principal Collections processed during the -42- 50 Related Month and, if applicable, during the related Series 2011-1 Amortization Principal Collection Period, and the aggregate amount of Collections processed during such periods; (ii) the Class A Accrued Interest Amount, Class B Accrued Interest Amount and the Series 2011-1 Interest Amount for the next Payment Date; (iii) the Series 2011-1 Invested Percentage with respect to Series 2011-1 Interest Collections and Principal Collections for such Series on the last day of Class A Notes and the Related MonthClass B Notes; (iiiiv) the total amount to be distributed to Noteholders of such Series the Class A Notes and the Class B Notes on the next succeeding Payment Date; (ivv) the amount of such the distribution allocable to principal on the Class A Notes of such Seriesand the Class B Notes on the next Payment Date; (vvi) the amount of such the distribution allocable to interest on the Class A Notes of such Seriesand the Class B Notes on the next Payment Date; (vivii) the amount of any drawing under any Enhancement, if any, for such Series 2011-1 Notes for such Payment Date; (vii) the amount of the Monthly Servicing Fee for such Series for such next Payment Date; (viii) the amount of the Series 2011-1 Monthly Servicing Fee, the Series 2011-1 Monthly Supplemental Servicing Fee, the Group VIII Monthly Servicing Fee and the Group VIII Supplemental Servicing Fee for the next Payment Date; (ix) the Series 2011-1 Enhancement Amount, the Series 2011-1 Enhancement Deficiency, if any, the Series 2011-1 Minimum Enhancement Amount, the Series 2011-1 Required Enhancement Percentage, the Series 2011-1 DBRS Required Enhancement Percentage, the Series 2011-1 Moody’s Required Enhancement Percentage, the Series 2011-1 Liquidity Amount, the Series 2011-1 Minimum Liquidity Amount, the Series 2011-1 Cash Liquidity Amount, the Series 2011-1 Letter of Credit Amount, if any, the Series 2011-1 Letter of Credit Liquidity Amount, if any, the Series 2011-1 Minimum Letter of Credit Amount, the Series 2011-1 Available Subordinated Amount, the Series 2011-1 Minimum Subordinated Amount and the Series 2011-1 Cash Collateral Account Surplus, in each case, as of the last day of the Related Month after giving effect to any expected drawings on any applicable Enhancement and payments to the applicable Enhancement Provider on the next Payment Date; (x) the ratio of the amount available under the applicable Enhancement, if any, for such to the Series 2011-1 Invested Amount as of the close of business on such next Payment Date after giving effect to any expected drawings on the applicable Enhancement and payments to the applicable Enhancement Provider on such the next Payment Date; (ixxi) the ratio amount of any LOC Disbursements expected to be made with respect to the amount available under next Payment Date; (xii) the applicable EnhancementClass A Monthly Interest Shortfall, if any, and the Class B Monthly Interest Shortfall, if any, with respect to the next Payment Date; (xiii) the Class A Invested Amount, the Class B Invested Amount, the Series 2011-1 Invested Percentage and the Group VIII Aggregate Invested Amount for such with respect to the next Payment Date; (xiv) the Retained Interest Amount, if any, and the Retained Interest Percentage with respect to all outstanding Group VIII Series of Notes as of the close of business on such Payment Date after giving effect to any drawings on the applicable Enhancement and payments to last day of the applicable Enhancement Provider on such Payment DateRelated Month; (xxv) the Pool Factor, if any, for such Series as total amount of Vehicle Disposition Losses during the end of the Record Date with respect to such Payment DateRelated Month; (xixvi) the total amount of Vehicle Disposition Recoveries during the Related Month; (xvii) whether, to the knowledge of the Master Servicer, any Liens exist with respect to any of the Collateral which are not permitted under the Related Documents; (xiixviii) whether, to the knowledge of the Master Servicer, any Lease Event of Default or Servicer Default has occurred; (xix) whether, to the knowledge of the Master Servicer, any Amortization Event or Potential Amortization Event with respect to the Series 2011-1 Notes has occurred; (xx) the Required Asset Amount, the Aggregate Asset Amount and Amount, the amount of any Asset Amount DeficiencyDeficiency and the Exchange Agreement Group VIII Rights Value, in each case, as of the last day of the Related Month; (xiii) the Controlled Distribution Amount and the Carryover Controlled Amortization Amount (as defined for any -43- 51 Series or class of Notes in the applicable Supplement) for such Payment Date; (xivxxi) the Net Book Value of Program Vehicles and the Net Book Value of Non-Program Vehicles from each Manufacturer, the rating of each such Manufacturer and the name of any Bankrupt Manufacturer, in each case, as of the last day of the Related Month; (xvxxii) the ratios of the Non-Program Vehicles and the Program Vehicles, respectively, to all Group VIII Vehicles, and the Program Vehicle Percentage, in each case, as of the last day of the Related Month; (xvixxiii) the number of Group VIII Vehicles of each Manufacturer as of the last date day of the Related Month; (xviixxiv) the average age of all Program Vehicles and average age of all Non-Program Vehicles as of the last day of the Related Month; (xviiixxv) the average total monthly Depreciation Charges per Program Vehicle and per Non-Program Vehicle during the Related Month; (xxvi) (x) the Market Value Adjustment Percentage as of the related Determination Date, (y) the Measurement Month Average and the aggregate Market Value of Non-Program Vehicles as of the last day of the Related Month and (z) the Measurement Month Average used to determine the Market Value Adjustment Percentage as of the related Determination Date if different than the Measurement Month Average as of the last day of the Related Month; (xxvii) beginning with the Monthly Noteholders’ Statement to be delivered in September, 2011, the aggregate Capitalized Cost for all Group VIII Vehicles (other than Group VIII Vehicles subject to any Vehicle Disposition Program at the time of purchase thereof) as of the last day of the Related Month, as a percentage of the aggregate MSRP (Manufacturer Suggested Retail Price) of all such Group VIII Vehicles (determined as of the time of purchase thereof by RCFC); (xxviii) with respect to each Manufacturer of Group VIII Vehicles, the percentage concentration of Group VIII Vehicles of such Manufacturer (i.e., the aggregate Net Book Value of Group VIII Vehicles of such Manufacturer as a percentage of the aggregate Net Book Value of all Group VIII Vehicles) compared to the percentage concentration of all Vehicles of such Manufacturer in RCFC’s fleet (i.e., the aggregate Net Book Value of Vehicles of such Manufacturer owned by RCFC as a percentage of the aggregate Net Book Value of all Vehicles owned by RCFC); and (xixxxix) with respect any other information required to any Series, be included in the information Monthly Noteholders’ Statement pursuant to the terms of Series Supplement for the Series 2011-1 Notes. On each Payment Date for the Series 2011-1 Notes or at such other times as are specified in the related SupplementSeries Supplement for the Series 2011-1 Notes, the Trustee shall forward to each Noteholder of record of Series 2011-1 Notes, the Paying Agent (if other than the Trustee), any other Note Owner of Series 2011-1 Notes requesting the same and upon provision of evidence satisfactory to the Trustee as to its ownership interest, the Monthly Noteholders’ Statement for the Series 2011-1 Notes prepared by the Master Servicer.

Monthly Noteholders’ Statement. (a) On each Payment DateThe Master Servicer shall, the Trustee shall forward to each Noteholder with cooperation of record of all outstanding Series, the Paying Agent (if other than the Trustee), any Note Owner, upon provision of evidence satisfactory to the Trustee as to its ownership interest, and any Enhancement Provider, and the Servicer, upon prepare a single submission by a Note Owner of evidence satisfactory to the Servicer as to such Note Owner's ownership interest, shall forward to such Note Owner on each Payment Date thereafter until otherwise instructed or until such Person ceases to be a Note Owner, a monthly statement substantially in the form of Exhibit D of the Series Supplement for the Series 2011-2 Notes (each, a "“Monthly Noteholders' ’ Statement") prepared by the Servicer, delivered ”). The Master Servicer shall deliver to the Trustee and each such Monthly Noteholders’ Statement with respect to the Rating Agencies and Series 2011-2 Notes on or before the fourth Business Day before each Payment Date (unless otherwise agreed to by the Trustee), in a Microsoft Excel electronic file (or similar electronic file), setting forth forth, inter alia, the following information (which, in the case of clauses (iiiiv), (ivv) and (vvi) below, shall be expressed as a dollar amount per $1,000 of the original principal amount Principal Amount of the Series 2011-2 Notes of such Series and, in the case of clause (viiiix) shall be stated on an aggregate basis and on the basis of a dollar amount per $1,000 of the original principal amount Principal Amount of the Notes of such SeriesSeries 2011-2 Notes): (i) the aggregate amount of Series 2011-2 Interest Collections processed since the prior Payment Date, the aggregate amount of Principal Collections processed during the -42- 50 Related Month and, if applicable, during the related Series 2011-2 Amortization Principal Collection Period, and the aggregate amount of Collections processed during such periods; (ii) the Series 2011-2 Accrued Interest Amount and the Series 2011-2 Interest Amount for the next Payment Date; (iii) the Series 2011-2 Invested Percentage with respect to Series 2011-2 Interest Collections and Principal Collections for such the Series on the last day of the Related Month2011-2 Notes; (iiiiv) the total amount to be distributed to Noteholders of such Series 2011-2 Notes on the next succeeding Payment Date; (ivv) the amount of such the distribution allocable to principal on the Series 2011-2 Notes of such Serieson the next Payment Date; (vvi) the amount of such the distribution allocable to interest on the Series 2011-2 Notes of such Serieson the next Payment Date; (vivii) the amount of any drawing under any Enhancement, if any, for such Series 2011-2 Notes for such Payment Date; (vii) the amount of the Monthly Servicing Fee for such Series for such next Payment Date; (viii) the amount of the Series 2011-2 Monthly Servicing Fee, the Series 2011-2 Monthly Supplemental Servicing Fee, the Group VIII Monthly Servicing Fee and the Group VIII Supplemental Servicing Fee for the next Payment Date; (ix) the Series 2011-2 Enhancement Amount, the Series 2011-2 Enhancement Deficiency, if any, the Series 2011-2 Minimum Enhancement Amount, the Series 2011-2 Required Enhancement Percentage, the Series 2011-2 DBRS Required Enhancement Percentage, the Series 2011-2 Xxxxx’x Required Enhancement Percentage, the Series 2011-2 Liquidity Amount, the Series 2011-2 Minimum Liquidity Amount, the Series 2011-2 Cash Liquidity Amount, the Series 2011-2 Letter of Credit Amount, if any, the Series 2011-2 Letter of Credit Liquidity Amount, if any, the Series 2011-2 Minimum Letter of Credit Amount, the Series 2011-2 Available Subordinated Amount, the Series 2011-2 Minimum Subordinated Amount and the Series 2011-2 Cash Collateral Account Surplus, in each case, as of the last day of the Related Month after giving effect to any expected drawings on any applicable Enhancement and payments to the applicable Enhancement Provider on the next Payment Date; (x) the ratio of the amount available under the applicable Enhancement, if any, for such to the Series 2011-2 Invested Amount as of the close of business on such next Payment Date after giving effect to any expected drawings on the applicable Enhancement and payments to the applicable Enhancement Provider on such the next Payment Date; (ixxi) the ratio amount of any LOC Disbursements expected to be made with respect to the amount available under next Payment Date; (xii) the applicable EnhancementSeries 2011-2 Monthly Interest Shortfall, if any, with respect to the next Payment Date; (xiii) the Series 2011-2 Invested Amount, the Series 2011-2 Invested Percentage and the Group VIII Aggregate Invested Amount for such with respect to the next Payment Date; (xiv) the Retained Interest Amount, if any, and the Retained Interest Percentage with respect to all outstanding Group VIII Series of Notes as of the close of business on such Payment Date after giving effect to any drawings on the applicable Enhancement and payments to last day of the applicable Enhancement Provider on such Payment DateRelated Month; (xxv) the Pool Factor, if any, for such Series as total amount of Vehicle Disposition Losses during the end of the Record Date with respect to such Payment DateRelated Month; (xixvi) the total amount of Vehicle Disposition Recoveries during the Related Month; (xvii) whether, to the knowledge of the Master Servicer, any Liens exist with respect to any of the Collateral which are not permitted under the Related Documents; (xiixviii) whether, to the knowledge of the Master Servicer, any Lease Event of Default or Servicer Default has occurred; (xix) whether, to the knowledge of the Master Servicer, any Amortization Event or Potential Amortization Event with respect to the Series 2011-2 Notes has occurred; (xx) the Required Asset Amount, the Aggregate Asset Amount and Amount, the amount of any Asset Amount DeficiencyDeficiency and the Exchange Agreement Group VIII Rights Value, in each case, as of the last day of the Related Month; (xiii) the Controlled Distribution Amount and the Carryover Controlled Amortization Amount (as defined for any -43- 51 Series or class of Notes in the applicable Supplement) for such Payment Date; (xivxxi) the Net Book Value of Program Vehicles and the Net Book Value of Non-Program Vehicles from each Manufacturer, the rating of each such Manufacturer and the name of any Bankrupt Manufacturer, in each case, as of the last day of the Related Month; (xvxxii) the ratios of the Non-Program Vehicles and the Program Vehicles, respectively, to all Group VIII Vehicles, and the Program Vehicle Percentage, in each case, as of the last day of the Related Month; (xvixxiii) the number of Group VIII Vehicles of each Manufacturer as of the last date day of the Related Month; (xviixxiv) the average age of all Program Vehicles and average age of all Non-Program Vehicles as of the last day of the Related Month; (xviiixxv) the average total monthly Depreciation Charges per Program Vehicle and per Non-Program Vehicle during the Related Month; (xxvi) (x) the Market Value Adjustment Percentage as of the related Determination Date, (y) the Measurement Month Average and the aggregate Market Value of Non-Program Vehicles as of the last day of the Related Month and (z) the Measurement Month Average used to determine the Market Value Adjustment Percentage as of the related Determination Date if different than the Measurement Month Average as of the last day of the Related Month; (xxvii) the Third-Party Market Value Adjustment Percentage, if any, as of the immediately preceding Third-Party Market Value Determination Date (and, if such date is a Third-Party Market Value Determination Date, such date); (xxviii) the aggregate Capitalized Cost for all Group VIII Vehicles (other than Group VIII Vehicles subject to any Vehicle Disposition Program at the time of purchase thereof) as of the last day of the Related Month, as a percentage of the aggregate MSRP (Manufacturer Suggested Retail Price) of all such Group VIII Vehicles (determined as of the time of purchase thereof by RCFC); (xxix) with respect to each Manufacturer of Group VIII Vehicles, the percentage concentration of Group VIII Vehicles of such Manufacturer (i.e., the aggregate Net Book Value of Group VIII Vehicles of such Manufacturer as a percentage of the aggregate Net Book Value of all Group VIII Vehicles) compared to the percentage concentration of all Vehicles of such Manufacturer in RCFC’s fleet (i.e., the aggregate Net Book Value of Vehicles of such Manufacturer owned by RCFC as a percentage of the aggregate Net Book Value of all Vehicles owned by RCFC); (xxx) (i) prior to a Permitted Change in Control Transaction, in each case, to the extent relevant to a financial covenant then applicable pursuant to the definition of “Servicer Financial Covenant Event of Default”, (A) the Leverage Ratio of the Master Servicer and its Subsidiaries as of the related Determination Date, (B) as of the date used for purposes of the determination of such Leverage Ratio, the amount of Corporate Debt and Corporate EBITDA, (C) the Interest Coverage Ratio of the Master Servicer and its Subsidiaries for the most recent period of four consecutive Fiscal Quarters ending prior to the related Determination Date (D) for purposes of the determination of such Interest Coverage Ratio, the amount of Corporate EBITDA and Corporate Interest Expense for the applicable period and (E) such other information as is reasonably relevant to a financial covenant then applicable pursuant to the definition of “Servicer Financial Covenant Event of Default”; and (ii) after a Permitted Change in Control Transaction, such information relative to Permitted Change in Control Counterparty Financial Covenants as agreed pursuant to this Supplement (it being understood that such information shall be agreed by the Issuer and the Controlling Noteholder in connection with the determination of any such Specified Change in Control Counterparty Financial Covenants pursuant to Section 8.12 hereof); and (xixxxxi) with respect any other information required to any Series, be included in the information Monthly Noteholders’ Statement pursuant to the terms of Series Supplement for the Series 2011-2 Notes. On each Payment Date for the Series 2011-2 Notes or at such other times as are specified in the related SupplementSeries Supplement for the Series 2011-2 Notes, the Trustee shall forward to each Noteholder of record of Series 2011-2 Notes and the Paying Agent (if other than the Trustee), the Monthly Noteholders’ Statement for the Series 2011-2 Notes prepared by the Master Servicer.

Monthly Noteholders’ Statement. (a) On each Payment DateThe Master Servicer shall, the Trustee shall forward to each Noteholder with cooperation of record of all outstanding Series, the Paying Agent (if other than the Trustee), any Note Owner, upon provision of evidence satisfactory to the Trustee as to its ownership interest, and any Enhancement Provider, and the Servicer, upon prepare a single submission by a Note Owner of evidence satisfactory to the Servicer as to such Note Owner's ownership interest, shall forward to such Note Owner on each Payment Date thereafter until otherwise instructed or until such Person ceases to be a Note Owner, a monthly statement substantially in the form of Exhibit D of the Series Supplement for the Series 2010-3 Notes (each, a "“Monthly Noteholders' ’ Statement") prepared ”). The Master Servicer shall deliver to the Trustee, each Rating Agency rating the Series 2010-3 Notes each such Monthly Noteholders’ Statement with respect to the Series 2010-3 Notes on or before the fourth Business Day before each Payment Date (unless otherwise agreed to by the ServicerTrustee), delivered to the Trustee and the Rating Agencies and in a Microsoft Excel electronic file (or similar electronic file), setting forth forth, inter alia, the following information (which, in the case of clauses (iiiiv), (ivv) and (vvi) below, shall be expressed as a dollar amount per $1,000 of the original principal amount Principal Amount of the Series 2010-3 Notes of such Series and, in the case of clause (viiiix) shall be stated on an aggregate basis and on the basis of a dollar amount per $1,000 of the original principal amount Principal Amount of the Notes of such SeriesSeries 2010-3 Notes): (i) the aggregate amount of Series 2010-3 Interest Collections processed since the prior Payment Date, the aggregate amount of Principal Collections processed during the -42- 50 Related Month and the aggregate amount of Collections processed during such periods; (ii) the Series 2010-3 Accrued Interest Amount, the Series 2010-3 Interest Amount and the Series 2010-3 Interest Rate Cap Proceeds for the next Payment Date; (iii) the Series 2010-3 Invested Percentage with respect to Series 2010-3 Interest Collections and Principal Collections for such the Series on the last day of the Related Month2010-3 Notes; (iiiiv) the total amount to be distributed to Noteholders of such Series 2010-3 Notes on the next succeeding Payment Date; (ivv) the amount of such the distribution allocable to principal on the Series 2010-3 Notes of such Serieson the next Payment Date; (vvi) the amount of such the distribution allocable to interest on the Series 2010-3 Notes of such Serieson the next Payment Date; (vivii) the amount of any drawing under any Enhancement, if any, for such Series 2010-3 Notes for such Payment Date; (vii) the amount of the Monthly Servicing Fee for such Series for such next Payment Date; (viii) the amount of the Series 2010-3 Monthly Servicing Fee, the Series 2010-3 Monthly Supplemental Servicing Fee, the Group VII Monthly Servicing Fee and the Group VII Supplemental Servicing Fee for the next Payment Date; (ix) the Series 2010-3 Enhancement Amount, the Series 2010-3 Enhancement Deficiency, if any, the Series 2010-3 Minimum Enhancement Amount, the Series 2010-3 Required Enhancement Percentage, the Series 2010-3 Liquidity Amount, the Series 2010-3 Minimum Liquidity Amount, the Series 2010-3 Cash Liquidity Amount, the Series 2010-3 Letter of Credit Amount, if any, the Series 2010-3 Letter of Credit Liquidity Amount, if any, the Series 2010-3 Minimum Letter of Credit Amount, the Series 2010-3 Available Subordinated Amount, the Series 2010-3 Minimum Subordinated Amount and the Series 2010-3 Cash Collateral Account Surplus, in each case, as of the last day of the Related Month after giving effect to any expected drawings on any applicable Enhancement and payments to the applicable Enhancement Provider on the next Payment Date; (x) the ratio of the amount available under the applicable Enhancement, if any, for such to the Series 2010-3 Invested Amount as of the close of business on such next Payment Date after giving effect to any expected drawings on the applicable Enhancement and payments to the applicable Enhancement Provider on such the next Payment Date; (ixxi) the ratio amount of any LOC Disbursements expected to be made with respect to the amount available under next Payment Date; (xii) the applicable EnhancementSeries 2010-3 Monthly Interest Shortfall, if any, with respect to the next Payment Date; (xiii) the Series 2010-3 Invested Amount, the Series 2010-3 Invested Percentage, the Series 2010-3 Maximum Invested Amount for such and the Group VII Aggregate Invested Amount with respect to the next Payment Date; (xiv) the Retained Interest Amount, if any, and the Retained Interest Percentage with respect to all outstanding Group VII Series of Notes as of the close of business on such Payment Date after giving effect to any drawings on the applicable Enhancement and payments to last day of the applicable Enhancement Provider on such Payment DateRelated Month; (xxv) the Pool Factor, if any, for such Series as total amount of Losses during the end of the Record Date with respect to such Payment DateRelated Month; (xixvi) the total amount of Recoveries during the Related Month; (xvii) whether, to the knowledge of the Master Servicer, any Liens exist with respect to any of the Collateral which are not permitted under the Related Documents; (xiixviii) whether, to the knowledge of the Master Servicer, any Lease Event of Default or Servicer Default has occurred; (xix) whether, to the knowledge of the Master Servicer, any Amortization Event or Potential Amortization Event with respect to the Series 2010-3 Notes has occurred; (xx) the Required Asset Amount, the Aggregate Asset Amount and Amount, the amount of any Asset Amount DeficiencyDeficiency and the Exchange Agreement Group VII Rights Value, in each case, as of the last day of the Related Month; (xiii) the Controlled Distribution Amount and the Carryover Controlled Amortization Amount (as defined for any -43- 51 Series or class of Notes in the applicable Supplement) for such Payment Date; (xivxxi) the Net Book Value of Program Vehicles and the Net Book Value of Non-Program Vehicles from each Manufacturer, the rating of each such Manufacturer and the name of any Bankrupt Manufacturer, in each case, as of the last day of the Related Month; (xvxxii) the ratios of the Non-Program Vehicles and the Program Vehicles, respectively, to all Group VII Vehicles, and the Program Vehicle Percentage, in each case, as of the last day of the Related Month; (xvixxiii) the number of Group VII Vehicles of each Manufacturer as of the last date day of the Related Month; (xviixxiv) the average age of all Program Vehicles and average age of all Non-Program Vehicles as of the last day of the Related Month; (xviiixxv) the average total monthly Depreciation Charges per Program Vehicle and per Non-Program Vehicle during the Related Month; (xxvi) (x) the Market Value Adjustment Percentage as of the related Determination Date, (y) the Measurement Month Average and the aggregate Market Value of Non-Program Vehicles as of the last day of the Related Month and (z) the Measurement Month Average used to determine the Market Value Adjustment Percentage as of the related Determination Date if different than the Measurement Month Average as of the last day of the Related Month; (xxvii) (i) prior to a Specified Change in Control Transaction, (x) the Tangible Net Worth of the Master Servicer and its Subsidiaries as of the related Determination Date, (y) as of the date used for purposes of the determination of such Tangible Net Worth, the amount of Unrestricted Cash and Cash Equivalent Investments and (z) a certification as to whether or not a Servicer Unrestricted Cash Event of Default has occurred since the immediately preceding Determination Date, and (ii) after a Specified Change in Control Transaction, such information relative to Specified Change in Control Counterparty Financial Covenants as agreed pursuant to this Supplement (it being understood that such information shall be agreed by the Issuer and the Series 2010-3 Majority Noteholders in connection with the determination of any such Specified Change in Control Counterparty Financial Covenants pursuant to Section 8.11 hereof); and (xixxxviii) with respect any other information required to any Series, be included in the information Monthly Noteholders’ Statement pursuant to the terms of Series Supplement for the Series 2010-3 Notes. On each Payment Date for the Series 2010-3 Notes or at such other times as are specified in the related SupplementSeries Supplement for the Series 2010-3 Notes, the Trustee shall forward to each Noteholder of record of Series 2010-3 Notes, the Paying Agent (if other than the Trustee), any other Note Owner of Series 2010-3 Notes, the Monthly Noteholders’ Statement for the Series 2010-3 Notes prepared by the Master Servicer.

Monthly Noteholders’ Statement. (a) On each Payment DateThe Master Servicer shall, the Trustee shall forward to each Noteholder with cooperation of record of all outstanding Series, the Paying Agent (if other than the Trustee), any Note Owner, upon provision of evidence satisfactory to the Trustee as to its ownership interest, and any Enhancement Provider, and the Servicer, upon prepare a single submission by a Note Owner of evidence satisfactory to the Servicer as to such Note Owner's ownership interest, shall forward to such Note Owner on each Payment Date thereafter until otherwise instructed or until such Person ceases to be a Note Owner, a monthly statement substantially in the form of Exhibit D E of the Series Supplement for the Series 2010-1 Notes (each, a "“Monthly Noteholders' ’ Statement") prepared by the Servicer, delivered ”). The Master Servicer shall deliver to the Trustee and each Rating Agency rating the Rating Agencies and Series 2010-1 Notes each such Monthly Noteholders’ Statement with respect to the Series 2010-1 Notes on or before the fourth Business Day before each Payment Date (unless otherwise agreed to by the Trustee), a Monthly Noteholders’ Statement with respect to the Series 2010-1 Notes, in a Microsoft Excel electronic file (or similar electronic file), setting forth forth, inter alia, the following information (which, in the case of clauses (iiiiv), (ivv) and (vvi) below, shall be expressed as a dollar amount per $1,000 of the original principal amount Principal Amount of the Series 2010-1 Notes of such Series and, in the case of clause (viiiix) shall be stated on an aggregate basis and on the basis of a dollar amount per $1,000 of the original principal amount Principal Amount of the Notes of such SeriesSeries 2010-1 Notes): (i) the aggregate amount of Series 2010-1 Interest Collections processed since the prior Payment Date, the aggregate amount of Principal Collections processed during the -42- 50 Related Month and the aggregate amount of Collections processed during such periods; (ii) the Series 2010-1 Interest Amount and the Series 2010-1 Interest Rate Cap Proceeds for the next Payment Date; (iii) the Series 2010-1 Invested Percentage with respect to Series 2010-1 Interest Collections and Principal Collections for such the Series 2010-1 Notes on the last day of the Related Month; (iiiiv) the total amount to be distributed to Noteholders of such Series 2010-1 Notes on the next succeeding Payment Date; (ivv) the amount of such the distribution allocable to principal on the Series 2010-1 Notes of such Serieson the next Payment Date; (vvi) the amount of such the distribution allocable to interest on the Series 2010-1 Notes of such Serieson the next Payment Date; (vivii) the amount of any drawing under any Enhancement, if any, for such Series 2010-1 Notes for such Payment Date; (vii) the amount of the Monthly Servicing Fee for such Series for such next Payment Date; (viii) the amount available under of the applicable EnhancementSeries 2010-1 Monthly Servicing Fee, Series 2010-1 Monthly Supplemental Servicing Fee for the Series 2010-1, the Group V Monthly Servicing Fee and the Group V Supplemental Servicing Fee for the next Payment Date; (ix) the Series 2010-1 Enhancement Amount, the Series 2010-1 Enhancement Deficiency, if any, for such the Series 2010-1 Minimum Enhancement Amount, the Series 2010-1 Required Enhancement Percentage, the Series 2010-1 Letter of Credit Amount, if any, the Series 2010-1 Letter of Credit Liquidity Amount, if any, the Series 2010-1 Minimum Letter of Credit Amount, the Series 2010-1 Available Subordinated Amount, the Series 2010-1 Minimum Subordinated Amount and the Series 2010-1 Cash Collateral Account Surplus, in each case, as of the close of business on such next Payment Date after giving effect to any expected drawings on any applicable Enhancement and payments to the applicable Enhancement Provider on the next Payment Date; (x) the ratio of the amount available under the applicable Enhancement, to the Series 2010-1 Invested Amount as of the next Payment Date after giving effect to any expected drawings on the applicable Enhancement and payments to the applicable Enhancement Provider on such the next Payment Date; (ixxi) the ratio amount of any LOC Disbursements expected to be made with respect to the amount available under next Payment Date; (xii) the applicable EnhancementSeries 2010-1 Monthly Interest Shortfall, if any, with respect to the next Payment Date; (xiii) the Series 2010-1 Invested Amount, the Series 2010-1 Invested Percentage, the Series 2010-1 Maximum Invested Amount for such and the Group V Aggregate Invested Amount with respect to the next Payment Date; (xiv) the Retained Interest Amount, if any, and the Retained Interest Percentage with respect to all outstanding Group V Series of Notes as of the close of business on the last day of the Related Month; (xv) the Pool Factor for such Payment Date after giving effect to any drawings on the applicable Enhancement and payments Series as of such date with respect to the applicable Enhancement Provider on such next Payment Date; (x) the Pool Factor, if any, for such Series as of the end of the Record Date with respect to such Payment Date; (xixvi) whether, to the knowledge of the Master Servicer, any Liens exist with respect to any of the Collateral which are not permitted under the Related Documents; (xiixvii) whether, to the knowledge of the Master Servicer, any Lease Event of Default or Servicer Default has occurred; (xviii) whether, to the knowledge of the Master Servicer, any Amortization Event or Potential Amortization Event with respect to the Series 2010-1 Notes has occurred; (xix) the Required Asset Amount, the Aggregate Asset Amount and Amount, the amount of any Asset Amount Deficiency; (xiii) the Controlled Distribution Amount Deficiency and the Carryover Controlled Amortization Amount (Exchange Agreement Group V Rights Value, in each case, as defined for any -43- 51 Series or class of Notes in the applicable Supplement) for such Payment Determination Date; (xivxx) the Net Book Value of Program Vehicles and the Net Book Value of Non-Program Vehicles from each Manufacturer, the rating of each such Manufacturer and the name of any Bankrupt Manufacturer, in each case, as of the last day of the Related Month; (xvxxi) the ratios of the Non-Program Vehicles and the Program Vehicles, respectively, to all Vehicles; (xvixxii) the number of Vehicles of each Manufacturer as of the last date day of the Related Month; (xviixxiii) the Top Two Manufacturers and the Top Three Manufacturers as of the last day of the Related Month; (xxiv) the average age of all Program Vehicles and average age of all Non-Program Vehicles as of the last day of the Related Month; (xviiixxv) the average total monthly Depreciation Charges per Program Vehicle and per Non-Program Vehicle during the Related Month; (xxvi) the Market Value Adjustment Percentage, the Measurement Month Average and the Program Vehicle Percentage as of the last day of the Related Month; and (xixxxvii) with respect any other information required to any Series, be included in the information Monthly Noteholders’ Statement pursuant to the terms of Series Supplement for the Series 2010-1 Notes. On each Payment Date for the Series 2010-1 Notes or at such other times as are specified in the related SupplementSeries Supplement for the Series 2010-1 Notes, the Trustee shall forward to each Noteholder of record of Series 2010-1 Notes, the Paying Agent (if other than the Trustee), any other Note Owner of Series 2010-1 Notes, the Monthly Noteholders’ Statement for the Series 2010-1 Notes prepared by the Master Servicer.

Monthly Noteholders’ Statement. (a) On or before each Payment Date, the Trustee shall forward make available via its Website, initially located at www.jpmorgan.com/sfr to each Noteholder of record of all outstanding SeriesNoteholder, the Paying Agent (if other than the Trustee), any Note Owner, upon provision of evidence satisfactory with respect to the Trustee as each Notehxxxxx'x xxxxxxxx xxx to its ownership interest, and any Enhancement Provider, and the Servicer, upon a single submission by a Note Owner of evidence satisfactory to the Servicer as to such Note Owner's ownership interest, shall forward to such Note Owner on each Payment Date thereafter until otherwise instructed or until such Person ceases to be a Note Owner, Rating Agency a statement substantially in the form of Exhibit D (each, a "Monthly Noteholders' Statement") E to this Series Supplement prepared by the Servicer, Servicer and delivered to the Trustee and on the Rating Agencies preceding Determination Date and setting forth forth, among other things, the following information (which, in the case of clauses subclauses (iiii), (ivii) and (viii) below, shall be expressed as a dollar amount per $1,000 stated on the basis of the an original principal amount of the Notes of such Series $1,000 per Note and, in the case of clause subclauses (viiiix), (x) and (xi) shall be stated on an aggregate basis and on the basis of a dollar amount per $1,000 of the an original principal amount of the Notes of such Series$1,000 per Note): (i) the aggregate total amount distributed to holders of Interest Collections processed since the prior Payment Date, the aggregate amount of Principal Collections processed during the -42- 50 Related Month and the aggregate amount of Collections processed during such periodsNotes; (ii) the Invested Percentage with respect amount of such distribution allocable to Interest Collections Class A Monthly Principal, Class B Monthly Principal, Class C Monthly Principal and Principal Collections for such Series on the last day of the Related MonthClass D Monthly Principal, respectively; (iii) the total amount to be distributed to Noteholders of such Series on the next succeeding Payment Datedistribution allocable to Class A Monthly Interest, Class A Deficiency Amounts, Class A Additional Interest, Class B Monthly Interest, Class B Deficiency Amounts, Class B Additional Interest, Class C Monthly Interest, Class C Deficiency Amounts, Class C Additional Interest and Class D Monthly Interest, respectively; (iv) the amount of such distribution allocable to principal on Collections of Principal Receivables received during the related Monthly Period and allocated in respect of the Class A Notes, Class B Notes, Class C Notes of such Seriesand Class D Notes, respectively; (v) the amount of such distribution allocable to interest on Collections of Finance Charge Receivables received during the related Monthly Period and allocated in respect of the Class A Notes, Class B Notes. Class C Notes of such Seriesand Class D Notes, respectively; (vi) the aggregate amount of any drawing under any EnhancementPrincipal Receivables, if anythe Investor Interest, for such Series for such Payment Datethe Adjusted Investor Interest, the Class A Investor Interest, the Class A Adjusted Investor Interest, the Class B Investor Interest, the Class B Adjusted Investor Interest, the Class C Investor Interest, the Class C Adjusted Investor Interest, the Class D Investor Interest, the Floating Investor Percentage, the Class A Floating Allocation, the Class B Floating Allocation, the Class C Floating Allocation, the Class D Floating Allocation and the Fixed Investor Percentage with respect to the Principal Receivables in the Trust as of the end of the preceding Monthly Period; (vii) the amount aggregate outstanding balance of Receivables which were 1-30 days, 31-60 days, 61-90 days, 91-120 days, 121-150 days and more than 150 days delinquent, respectively, following cancellation of the related insurance policies in accordance with the Servicer's then existing Guidelines as of the end of the preceding Monthly Servicing Fee for Period (or, if cancellation was delayed, whether due to a stay by reason of an Insured's bankruptcy or other reason, after the date the policy would have been cancelled in the absence of such Series for such Payment Datedelay); (viii) the amount available under the applicable Enhancement, if any, for such Series Aggregate Investor Default Amount as of the close end of business on such Payment Date after giving effect to any drawings on the applicable Enhancement preceding Monthly Period and payments to the applicable Enhancement Provider on such Payment Class A Investor Default Amount, the Class B Investor Default Amount, the Class C Investor Default Amount and the Class D Investor Default Amount for the related Transfer Date; (ix) the ratio aggregate amount of Class A Investor Charge-Offs, Class B Investor Charge-Offs, Class C Investor Charge-Offs, Class D Investor Charge-Offs and other reductions in the amount available under absence of principal distributions in the applicable Enhancement, if any, to the Invested Amount Investor Interests for such Series as of the close of business on such Payment Date after giving effect to any drawings on the applicable Enhancement and payments to the applicable Enhancement Provider on such Payment Transfer Date; (x) the Pool Factoraggregate amount of Class A Investor Charge-Offs, if anyClass B Investor Charge-Offs, for Class C Investor Charge-Offs, Class D Investor Charge-Offs and other reductions in the absence of principal distributions in the Investor Interests deemed to have been reimbursed on such Series Transfer Date; (xi) outstanding principal balance of the Class A Notes, the Class B Notes, the Class C Notes and the Class D Notes, respectively, as of the end of the Record Date day on the Payment Date; (xii) [Reserved]; (xiii) the amount of the Class A Servicing Fee, the Class B Servicing Fee, the Class C Servicing Fee and the Class D Servicing Fee for such Transfer Date; (xiv) the amount of Reallocated Class D Principal Collections, Reallocated Class C Principal Collections and Reallocated Class B Principal Collections with respect to such Payment Date; (xixv) whether, to LIBOR for the knowledge of Interest Period ending on the Servicer, any Liens exist with respect to any of the Collateral which are not permitted under the Related Documents; (xii) the Aggregate Asset Amount and the amount of any Asset Amount Deficiency; (xiii) the Controlled Distribution Amount and the Carryover Controlled Amortization Amount (as defined for any -43- 51 Series or class of Notes in the applicable Supplement) for day before such Payment Date; (xivxvi) the Net Book Value of Program Vehicles and the Net Book Value of Non-Program Vehicles from each Manufacturer Pool Factor as of the last day end of the Related Month; (xv) the ratios of the Non-Program Vehicles and the Program Vehicles, respectively, to all Vehicles; (xvi) the number of Vehicles of each Manufacturer as of the last date of the Related Monthimmediately preceding Monthly Period; (xvii) the average age Available Accumulation Reserve Account Amount and the amount, if any, of all Program Vehicles and average age of all Non-Program Vehicles as of funds required to be withdrawn from the last day of the Related MonthAccumulation Reserve Account for such Transfer Date; (xviii) [Reserved]; (xix) the average total monthly Depreciation Charges per Program Vehicle Class C Reserve Account Amount and per Non-Program Vehicle during the Related MonthAnnualized Excess Spread Amount; (xx) the amount of Class A Available Funds, Class B Available Funds, Class C Available Funds and Class D Available Funds on deposit in the Finance Charge Account on the related Transfer Date; (xxi) the date on which the Controlled Accumulation Period and/or the Rapid Amortization Period commenced; (xxii) [Reserved]; (xxiii) the amount of Class A Prior Period Interest, Class B Prior Period Interest, Class C Prior Period Interest and Class D Prior Period Interest accrued on the Notes; (xxiv) the aggregate outstanding principal amount of Deferred Payment Obligations as of the end of the prior Monthly Period, expressed in dollars and as a percentage of the outstanding principal amount of Receivables in the Trust Estate; (xxv) the aggregate outstanding principal amount of Receivables that have not been funded as of the end of the prior Monthly Period; and (xixxxvi) such other items as are set forth in Exhibit F to this Series Supplement. (b) Annual Noteholders' Tax Statement. On or before January 31 of each calendar year, beginning with respect calendar year 2005, the Trustee shall distribute to each Person who at any time during the preceding calendar year was a Noteholder, a statement prepared by the Trustee containing the information required to be contained in the regular monthly report to Noteholders, as set forth in subclauses (i), (ii) and (iii) above, aggregated for such calendar year or the applicable portion thereof during which such Person was a Noteholder, together with such other customary information (consistent with the treatment of the Notes as debt) as the Trustee deems necessary or desirable to enable the Noteholders to prepare their tax returns. Such obligations of the Trustee shall be deemed to have been satisfied to the extent that substantially comparable information shall be provided by the Trustee pursuant to any Series, requirements of the information specified Code as from time to time in the related Supplementeffect.

Monthly Noteholders’ Statement. (a) On each Payment DateThe Master Servicer shall, the Trustee shall forward to each Noteholder with cooperation of record of all outstanding Series, the Paying Agent (if other than the Trustee), any Note Owner, upon provision of evidence satisfactory to the Trustee as to its ownership interest, and any Enhancement Provider, and the Servicer, upon prepare a single submission by a Note Owner of evidence satisfactory to the Servicer as to such Note Owner's ownership interest, shall forward to such Note Owner on each Payment Date thereafter until otherwise instructed or until such Person ceases to be a Note Owner, a monthly statement substantially in the form of Exhibit D of the Series Supplement for the Series 2010-2 Notes (each, a "“Monthly Noteholders' ’ Statement") prepared by the Servicer, delivered ”). The Master Servicer shall deliver to the Trustee and the Rating Agencies and Series 2010-2 Interest Rate Cap Counterparty each such Monthly Noteholders’ Statement with respect to the Series 2010-2 Notes on or before the fourth Business Day before each Payment Date (unless otherwise agreed to by the Trustee), in a Microsoft Excel electronic file (or similar electronic file), setting forth forth, inter alia, the following information (which, in the case of clauses (iiiiv), (ivv) and (vvi) below, shall be expressed as a dollar amount per $1,000 of the original principal amount Principal Amount of the Series 2010-2 Notes of such Series and, in the case of clause (viiiix) shall be stated on an aggregate basis and on the basis of a dollar amount per $1,000 of the original principal amount Principal Amount of the Notes of such SeriesSeries 2010-2 Notes): (i) the aggregate amount of Series 2010-2 Interest Collections processed since the prior Payment Date, the aggregate amount of Principal Collections processed during the -42- 50 Related Month and the aggregate amount of Collections processed during such periods; (ii) the Series 2010-2 Accrued Interest Amount, the Series 2010-2 Interest Amount and the Series 2010-2 Interest Rate Cap Proceeds for the next Payment Date; (iii) the Series 2010-2 Invested Percentage with respect to Series 2010-2 Interest Collections and Principal Collections for such the Series 2010-2 Notes on the last day of the Related Month; (iiiiv) the total amount to be distributed to Noteholders of such Series 2010-2 Notes on the next succeeding Payment Date; (ivv) the amount of such the distribution allocable to principal on the Series 2010-2 Notes of such Serieson the next Payment Date; (vvi) the amount of such the distribution allocable to interest on the Series 2010-2 Notes of such Serieson the next Payment Date; (vivii) the amount of any drawing under any Enhancement, if any, for such Series 2010-2 Notes for such Payment Date; (vii) the amount of the Monthly Servicing Fee for such Series for such next Payment Date; (viii) the amount of the Series 2010-2 Monthly Servicing Fee, the Series 2010-2 Monthly Supplemental Servicing Fee, the Group VI Monthly Servicing Fee and the Group VI Supplemental Servicing Fee for the next Payment Date; (ix) the Series 2010-2 Enhancement Amount, the Series 2010-2 Enhancement Deficiency, if any, the Series 2010-2 Minimum Enhancement Amount, the Series 2010-2 Required Enhancement Percentage, the Series 2010-2 Liquidity Amount, the Series 2010-2 Minimum Liquidity Amount, the Series 2010-2 Cash Liquidity Amount, the Series 2010-2 Letter of Credit Amount, if any, the Series 2010-2 Letter of Credit Liquidity Amount, if any, the Series 2010-2 Minimum Letter of Credit Amount, the Series 2010-2 Available Subordinated Amount, the Series 2010-2 Minimum Subordinated Amount and the Series 2010-2 Cash Collateral Account Surplus, in each case, as of the last day of the Related Month after giving effect to any expected drawings on any applicable Enhancement and payments to the applicable Enhancement Provider on the next Payment Date; (x) the ratio of the amount available under the applicable Enhancement, if any, for such Enhancement to the Series 2010-2 Invested Amount as of the close of business on such next Payment Date after giving effect to any expected drawings on the applicable Enhancement and payments to the applicable Enhancement Provider on such the next Payment Date; (ixxi) the ratio amount of any LOC Disbursements expected to be made with respect to the amount available under next Payment Date; (xii) the applicable EnhancementSeries 2010-2 Monthly Interest Shortfall, if any, with respect to the next Payment Date; (xiii) the Series 2010-2 Invested Amount, the Series 2010-2 Invested Percentage, the Series 2010-2 Maximum Invested Amount for such and the Group VI Aggregate Invested Amount with respect to the next Payment Date; (xiv) the Retained Interest Amount, if any, and the Retained Interest Percentage with respect to all outstanding Group VI Series of Notes as of the close of business on such Payment Date after giving effect to any drawings on the applicable Enhancement and payments to last day of the applicable Enhancement Provider on such Payment DateRelated Month; (x) the Pool Factor, if any, for such Series as of the end of the Record Date with respect to such Payment Date; (xixv) whether, to the knowledge of the Master Servicer, any Liens exist with respect to any of the Collateral which are not permitted under the Related Documents; (xiixvi) whether, to the knowledge of the Master Servicer, any Lease Event of Default or Servicer Default has occurred; (xvii) whether, to the knowledge of the Master Servicer, any Amortization Event or Potential Amortization Event with respect to the Series 2010-2 Notes has occurred; (xviii) the Required Asset Amount, the Aggregate Asset Amount and Amount, the amount of any Asset Amount DeficiencyDeficiency and the Exchange Agreement Group VI Rights Value, in each case, as of the last day of the Related Month; (xiii) the Controlled Distribution Amount and the Carryover Controlled Amortization Amount (as defined for any -43- 51 Series or class of Notes in the applicable Supplement) for such Payment Date; (xivxix) the Net Book Value of Program Vehicles from each Manufacturer and the Net Book Value rating of Non-Program each such Manufacturer; (xx) the number of Group VI Vehicles from of each Manufacturer as of the last day of the Related Month; (xv) the ratios of the Non-Program Vehicles and the Program Vehicles, respectively, to all Vehicles; (xvi) the number of Vehicles of each Manufacturer as of the last date of the Related Month; (xviixxi) the average age of all Program Vehicles and average age of all Non-Program Vehicles as of the last day of the Related Month; (xviiixxii) the average total monthly Depreciation Charges per Program Vehicle and per Non-Program Vehicle during the Related Month; (xxiii) (x) the Market Value Adjustment Percentage as of the related Determination Date, (y) the Measurement Month Average and the aggregate Market Value of Non-Program Vehicles as of the last day of the Related Month and (z) the Measurement Month Average used to determine the Market Value Adjustment Percentage as of the related Determination Date if different than the Measurement Month Average as of the last day of the Related Month; (xxiv) the Third-Party Market Value Adjustment Percentage, if any, as of the immediately preceding Third-Party Market Value Determination Date (and, if such date is a Third-Party Market Value Determination Date, such date); and (xixxxv) with respect any other information required to any Seriesbe included in the Monthly Noteholders’ Statement pursuant to the terms of Series Supplement for the Series 2010-2 Notes. On each Payment Date for the Series 2010-2 Notes, the information specified in Trustee shall forward to each Noteholder of record of Series 2010-2 Notes and to the related SupplementPaying Agent (if other than the Trustee) the Monthly Noteholders’ Statement for the Series 2010-2 Notes prepared by the Master Servicer.

Monthly Noteholders’ Statement. (a) On The Required Persons may at any Date after the Series 2007-A Closing Date, by giving prior notice of at least sixty (60) days, request that on or before each Payment Date, the Trustee shall forward to each Noteholder of record of all outstanding SeriesNoteholder, the Paying Agent (if other than the Trustee), any Note Owner, upon provision of evidence satisfactory with respect to the Trustee as to its ownership each Noteholder’s interest, and any Enhancement Provider, to each Rating Agency and the Servicer, upon a single submission by a Note Owner of evidence satisfactory to the Servicer as to such Note Owner's ownership interest, shall forward to such Note Owner on each Payment Date thereafter until otherwise instructed or until such Person ceases to be a Note OwnerNotice Person, a statement substantially in the form of Exhibit D (each, a "Monthly Noteholders' Statement") prepared by the Servicer, Servicer and delivered to the Trustee and on the Rating Agencies preceding Determination Date and setting forth forth, among other things, the following information (which, in the case of clauses (iii), (iv) and (v) below, shall be expressed as a dollar amount per $1,000 of the original principal amount of the Notes of such Series and, in the case of clause (viii) shall be stated on an aggregate basis and on the basis of a dollar amount per $1,000 of the original principal amount of the Notes of such Series):information: (i) the aggregate total amount distributed to Holders of Interest Collections processed since the prior Payment Date, the aggregate amount of Principal Collections processed during the -42- 50 Related Month and the aggregate amount of Collections processed during such periodsNotes; (ii) the Invested Percentage with respect amount of such distribution allocable to Interest Collections and Principal Collections for such Series on the last day of the Related MonthMonthly Principal; (iii) the total amount to be distributed to Noteholders of such distribution allocable to Trustee Fees and Expenses, the Series on 2007-A Servicing Fee and Servicer’s expenses, Monthly Interest, Deficiency Amounts, Additional Interest and the next succeeding Payment DateFee Amount, respectively; (iv) the amount of such distribution allocable to principal on Series 2007-A Collections, received during the Notes of such Seriesrelated Settlement Period; (v) the amount aggregate Unpaid Principal Balance of such distribution allocable to interest on the Notes Loans of such Seriesthe Series 2007-A Asset Pool, as of the end of the preceding Settlement Period; (vi) the amount aggregate Unpaid Principal Balance of any drawing under any EnhancementLoans of the Series 2007-A Asset Pool which were 1-30 days, if any31-60 days, for such Series for such Payment Date61-90 days, 91-120 days, 121-180 days and more than 180 days delinquent, respectively, following cancellation of the related insurance policies in accordance with the Servicer’s then existing Credit and Collection Policy as of the end of the preceding Settlement Period; (vii) the amount Delinquency Rate, the Series 2007-A Investor Default Amount, as of the Monthly Servicing Fee for such Series for such Payment Dateend of the preceding Settlement Period; (viii) the amount available under Unpaid Principal Balance of the applicable EnhancementNotes, if any, for such Series as of the close end of business on such Payment Date after giving effect to any drawings the day on the applicable Enhancement and payments to the applicable Enhancement Provider on such Payment Date; (ix) Increases and Decreases in the ratio Notes during the related Interest Period, and the average daily balance of the amount available under Notes for the applicable Enhancement, if any, to the Invested Amount for such Series as of the close of business on such Payment Date after giving effect to any drawings on the applicable Enhancement and payments to the applicable Enhancement Provider on such Payment Daterelated Interest Period; (x) the Pool Factor, if any, Note Rate for such Series as of the end of Interest Period ending on the Record Date with respect to day before such Payment Date; (xi) whether, to the knowledge of date on which the Servicer, any Liens exist with respect to any of the Collateral which are not permitted under the Related Documents;Rapid Amortization Period commenced; and (xii) the Aggregate Asset Amount Minimum Issuer Interest and the amount of any Available Issuer Interest for the Series 2007-A Asset Amount Deficiency; (xiii) the Controlled Distribution Amount and the Carryover Controlled Amortization Amount (as defined for any -43- 51 Series or class of Notes in the applicable Supplement) for such Payment Date; (xiv) the Net Book Value of Program Vehicles and the Net Book Value of Non-Program Vehicles from each Manufacturer Pool, as of the last day end of the Related Month;preceding Settlement Period. (xvb) Annual Noteholders’ Tax Statement. On or before January 31 of each calendar year, beginning with the ratios calendar year 2008, the Trustee shall distribute to each Person who at any time during the preceding calendar year was a Noteholder, a statement prepared by the Servicer and delivered to the Trustee containing the information required to be contained in the regular monthly report to Noteholders, as set forth in subclauses (i), (ii) and (iii) above, aggregated for such calendar year or the applicable portion thereof during which such Person was a Noteholder, together with such other customary or necessary information (consistent with the treatment of the Non-Program Vehicles and Notes as debt) as requested by the Program Vehicles, respectively, Required Persons to all Vehicles; (xvi) enable the number of Vehicles of each Manufacturer as Noteholders to prepare their tax returns. Such obligations of the last date Servicer shall be deemed to have been satisfied to the extent that substantially comparable information shall be provided by the Servicer pursuant to any requirements of the Related Month; (xvii) the average age of all Program Vehicles and average age of all Non-Program Vehicles Code as of the last day of the Related Month; (xviii) the average total monthly Depreciation Charges per Program Vehicle and per Non-Program Vehicle during the Related Month; and (xix) with respect in effect from time to any Series, the information specified in the related Supplementtime.

Monthly Noteholders’ Statement. (a) On each Payment DateThe Master Servicer shall, the Trustee shall forward to each Noteholder with cooperation of record of all outstanding Series, the Paying Agent (if other than the Trustee), any Note Owner, upon provision of evidence satisfactory to the Trustee as to its ownership interest, and any Enhancement Provider, and the Servicer, upon prepare a single submission by a Note Owner of evidence satisfactory to the Servicer as to such Note Owner's ownership interest, shall forward to such Note Owner on each Payment Date thereafter until otherwise instructed or until such Person ceases to be a Note Owner, a monthly statement substantially in the form of Exhibit D C or in such form as may be specified in the Series Supplement for a Series of Notes (each, a "“Monthly Noteholders' ’ Statement") prepared by the Servicer, delivered ”). The Master Servicer shall deliver to the Trustee and each Rating Agency rating a Series of Notes each such Monthly Noteholders’ Statement with respect to such Series of Notes on each Payment Date for such Series or on such dates as are specified in the Rating Agencies and Series Supplement for a Series of Notes setting forth the following information (which, in the case of clauses (iii), (iv) and (v) below, shall be expressed as a dollar amount per $1,000 of the original principal amount Principal Amount of the Notes of such Series and, in the case of clause (viii) shall be stated on an aggregate basis and on the basis of a dollar amount per $1,000 of the original principal amount Principal Amount of the Notes of such Series):) or setting forth such information as may be required by the Series Supplement for a Series of Notes: (i) the aggregate amount of Interest Collections processed since the prior Payment Date, the aggregate amount of Principal Collections processed during the -42- 50 Related Month and the aggregate amount of Collections processed during such periods; (ii) the Invested Percentage with respect to Interest Collections and Principal Collections for such Series on the last day of the Related Month; (iii) the total amount to be distributed to Noteholders of such Series on the next succeeding Payment Date; (iv) the amount of such distribution allocable to principal on the Notes of such Series; (v) the amount of such distribution allocable to interest on the Notes of such Series; (vi) the amount of any drawing under any Enhancement, if any, for such Series for such Payment Date; (vii) the amount of the Monthly Servicing Fee for such Series for such Payment Date; (viii) the amount available under the applicable Enhancement, if any, for such Series as of the close of business on such Payment Date after giving effect to any drawings on the applicable Enhancement and payments to the applicable Enhancement Provider on such Payment Date; (ix) the ratio of the amount available under the applicable Enhancement, if any, to the Invested Amount for such Series as of the close of business on such Payment Date after giving effect to any drawings on the applicable Enhancement and payments to the applicable Enhancement Provider on such Payment Date; (x) the Pool Factor, if any, for such Series as of the end of the Record Date with respect to such Payment Date; (xi) whether, to the knowledge of the Master Servicer, any Liens exist with respect to any of the Collateral which are not permitted under the Related Documents; (xii) the Aggregate Asset Amount and the amount of any Asset Amount Deficiency; (xiii) the Controlled Distribution Amount and the Carryover Controlled Amortization Amount (as defined for any -43- 51 Series or class of Notes in the applicable Series Supplement) for such Payment Date; (xiv) the Net Book Value of Program Vehicles and the Net Book Value of Non-Program Vehicles from each Manufacturer as of the last day of the Related Month; (xv) the ratios of the Non-Program Vehicles and the Program Vehicles, respectively, to all Vehicles; (xvi) the number of Vehicles of each Manufacturer as of the last date of the Related Month; (xvii) the average age of all Program Vehicles and average age of all Non-Program Vehicles as of the last day of the Related Month; (xviii) the average total monthly Depreciation Charges per Program Vehicle and per Non-Program Vehicle during the Related Month; and (xix) with respect to any Series, the information specified in the related Series Supplement. On each Payment Date for a Series of Notes or at such other times as are specified in the Series Supplement for a Series of Notes, the Trustee shall forward to each Noteholder of record of all Outstanding Series, the Paying Agent (if other than the Trustee), any Note Owner, upon provision of evidence satisfactory to the Trustee as to its ownership interest, and any Enhancement Provider, and the Master Servicer, the Monthly Noteholders’ Statement applicable to each such Noteholders’ Series of Notes prepared by the Master Servicer.

Monthly Noteholders’ Statement. (a) On each Payment DateThe Master Servicer shall, the Trustee shall forward to each Noteholder with cooperation of record of all outstanding Series, the Paying Agent (if other than the Trustee), any Note Owner, upon provision of evidence satisfactory to the Trustee as to its ownership interest, and any Enhancement Provider, and the Servicer, upon prepare a single submission by a Note Owner of evidence satisfactory to the Servicer as to such Note Owner's ownership interest, shall forward to such Note Owner on each Payment Date thereafter until otherwise instructed or until such Person ceases to be a Note Owner, a monthly statement substantially in the form of Exhibit D of the Series Supplement for the Series 2010-3 Notes (each, a "“Monthly Noteholders' ’ Statement") prepared ”). The Master Servicer shall deliver to the Trustee, each Rating Agency rating the Series 2010-3 Notes each such Monthly Noteholders’ Statement with respect to the Series 2010-3 Notes on or before the fourth Business Day before each Payment Date (unless otherwise agreed to by the ServicerTrustee), delivered to the Trustee and the Rating Agencies and in a Microsoft Excel electronic file (or similar electronic file), setting forth forth, inter alia, the following information (which, in the case of clauses (iiiiv), (ivv) and (vvi) below, shall be expressed as a dollar amount per $1,000 of the original principal amount Principal Amount of the Series 2010-3 Notes of such Series and, in the case of clause (viiiix) shall be stated on an aggregate basis and on the basis of a dollar amount per $1,000 of the original principal amount Principal Amount of the Notes of such SeriesSeries 2010-3 Notes): (i) the aggregate amount of Series 2010-3 Interest Collections processed since the prior Payment Date, the aggregate amount of Principal Collections processed during the -42- 50 Related Month and, if applicable, during the related Series 2010-3 Amortization Principal Collection Period and the aggregate amount of Collections processed during such periods; (ii) the Series 2010-3 Accrued Interest Amount, the Series 2010-3 Interest Amount and the Series 2010-3 Interest Rate Cap Proceeds for the next Payment Date; (iii) the Series 2010-3 Invested Percentage with respect to Series 2010-3 Interest Collections and Principal Collections for such the Series on the last day of the Related Month2010-3 Notes; (iiiiv) the total amount to be distributed to Noteholders of such Series 2010-3 Notes on the next succeeding Payment Date; (ivv) the amount of such the distribution allocable to principal on the Series 2010-3 Notes of such Serieson the next Payment Date; (vvi) the amount of such the distribution allocable to interest on the Series 2010-3 Notes of such Serieson the next Payment Date; (vivii) the amount of any drawing under any Enhancement, if any, for such Series 2010-3 Notes for such Payment Date; (vii) the amount of the Monthly Servicing Fee for such Series for such next Payment Date; (viii) the amount of the Series 2010-3 Monthly Servicing Fee, the Series 2010-3 Monthly Supplemental Servicing Fee, the Group VII Monthly Servicing Fee and the Group VII Supplemental Servicing Fee for the next Payment Date; (ix) the Series 2010-3 Enhancement Amount, the Series 2010-3 Enhancement Deficiency, if any, the Series 2010-3 Minimum Enhancement Amount, the Series 2010-3 Required Enhancement Percentage, the Series 2010-3 Liquidity Amount, the Series 2010-3 Minimum Liquidity Amount, the Series 2010-3 Cash Liquidity Amount, the Series 2010-3 Letter of Credit Amount, if any, the Series 2010-3 Letter of Credit Liquidity Amount, if any, the Series 2010-3 Minimum Letter of Credit Amount, the Series 2010-3 Available Subordinated Amount, the Series 2010-3 Minimum Subordinated Amount and the Series 2010-3 Cash Collateral Account Surplus, in each case, as of the last day of the Related Month after giving effect to any expected drawings on any applicable Enhancement and payments to the applicable Enhancement Provider on the next Payment Date; (x) the ratio of the amount available under the applicable Enhancement, if any, for such to the Series 2010-3 Invested Amount as of the close of business on such next Payment Date after giving effect to any expected drawings on the applicable Enhancement and payments to the applicable Enhancement Provider on such the next Payment Date; (ixxi) the ratio amount of any LOC Disbursements expected to be made with respect to the amount available under next Payment Date; (xii) the applicable EnhancementSeries 2010-3 Monthly Interest Shortfall, if any, with respect to the next Payment Date; (xiii) the Series 2010-3 Invested Amount, the Series 2010-3 Invested Percentage, the Series 2010-3 Maximum Invested Amount for such and the Group VII Aggregate Invested Amount with respect to the next Payment Date; (xiv) the Retained Interest Amount, if any, and the Retained Interest Percentage with respect to all outstanding Group VII Series of Notes as of the close of business on such Payment Date after giving effect to any drawings on the applicable Enhancement and payments to last day of the applicable Enhancement Provider on such Payment DateRelated Month; (xxv) the Pool Factor, if any, for such Series as total amount of Vehicle Disposition Losses during the end of the Record Date with respect to such Payment DateRelated Month; (xixvi) the total amount of Vehicle Disposition Recoveries during the Related Month; (xvii) whether, to the knowledge of the Master Servicer, any Liens exist with respect to any of the Collateral which are not permitted under the Related Documents; (xiixviii) whether, to the knowledge of the Master Servicer, any Lease Event of Default or Servicer Default has occurred; (xix) whether, to the knowledge of the Master Servicer, any Amortization Event or Potential Amortization Event with respect to the Series 2010-3 Notes has occurred; (xx) the Required Asset Amount, the Aggregate Asset Amount and Amount, the amount of any Asset Amount DeficiencyDeficiency and the Exchange Agreement Group VII Rights Value, in each case, as of the last day of the Related Month; (xiii) the Controlled Distribution Amount and the Carryover Controlled Amortization Amount (as defined for any -43- 51 Series or class of Notes in the applicable Supplement) for such Payment Date; (xivxxi) the Net Book Value of Program Vehicles and the Net Book Value of Non-Program Vehicles from each Manufacturer, the rating of each such Manufacturer and the name of any Bankrupt Manufacturer, in each case, as of the last day of the Related Month; (xvxxii) the ratios of the Non-Program Vehicles and the Program Vehicles, respectively, to all Group VII Vehicles, and the Program Vehicle Percentage, in each case, as of the last day of the Related Month; (xvixxiii) the number of Group VII Vehicles of each Manufacturer as of the last date day of the Related Month; (xviixxiv) the average age of all Program Vehicles and average age of all Non-Program Vehicles as of the last day of the Related Month; (xviiixxv) the average total monthly Depreciation Charges per Program Vehicle and per Non-Program Vehicle during the Related Month; (xxvi) (x) the Market Value Adjustment Percentage as of the related Determination Date, (y) the Measurement Month Average and the aggregate Market Value of Non-Program Vehicles as of the last day of the Related Month and (z) the Measurement Month Average used to determine the Market Value Adjustment Percentage as of the related Determination Date if different than the Measurement Month Average as of the last day of the Related Month; (xxvii) (i) prior to a Specified Change in Control Transaction, (w) in each case, to the extent relevant to a financial covenant then applicable pursuant to the definition of “Servicer Financial Covenant Event of Default”, (A) the Leverage Ratio of the Master Servicer and its Subsidiaries as of the related Determination Date, (B) as of the date used for purposes of the determination of such Leverage Ratio, the amount of Corporate Debt and Corporate EBITDA, (C) the Interest Coverage Ratio of the Master Servicer and its Subsidiaries for the most recent period of four consecutive Fiscal Quarters ending prior to the related Determination Date (D) for purposes of the determination of such Interest Coverage Ratio, the amount of Corporate EBITDA and Corporate Interest Expense for the applicable period and (E) such other information as is reasonably relevant to a financial covenant then applicable pursuant to the definition of “Servicer Financial Covenant Event of Default”; and (ii) after a Specified Change in Control Transaction, such information relative to Specified Change in Control Counterparty Financial Covenants as agreed pursuant to this Supplement (it being understood that such information shall be agreed by the Issuer and the Series 2010-3 Majority Noteholders in connection with the determination of any such Specified Change in Control Counterparty Financial Covenants pursuant to Section 8.11 hereof); (xxviii) the weighted average monthly Depreciation Charges accruing with respect to all Non-Program Vehicles during the Related Month expressed as a percentage of the average Capitalized Cost of all Non-Program Vehicles during the Related Month; and (xixxxix) with respect any other information required to any Series, be included in the information Monthly Noteholders’ Statement pursuant to the terms of Series Supplement for the Series 2010-3 Notes. On each Payment Date for the Series 2010-3 Notes or at such other times as are specified in the related SupplementSeries Supplement for the Series 2010-3 Notes, the Trustee shall forward to each Noteholder of record of Series 2010-3 Notes, the Paying Agent (if other than the Trustee), any other Note Owner of Series 2010-3 Notes requesting the same and upon provision of evidence satisfactory to the Trustee as to its ownership interest, the Monthly Noteholders’ Statement for the Series 2010-3 Notes prepared by the Master Servicer.

Monthly Noteholders’ Statement. (a) On each Payment Distribution Date, the Trustee shall forward to each Noteholder of record of all outstanding Series, the Rating Agencies, the Paying Agent (if other than the Trustee), any Note Owner, upon provision of evidence satisfactory to the Trustee as to its ownership interest, ) and any Enhancement Provider, and the Servicer, upon a single submission by a Note Owner of evidence satisfactory to the Servicer as to such Note Owner's ownership interest, shall forward to such Note Owner on each Payment Date thereafter until otherwise instructed or until such Person ceases to be a Note Owner, Provider a statement substantially in the form of Exhibit D (each, a "Monthly Noteholders' Statement") prepared by the Servicer, delivered to the Trustee and the Rating Agencies and Servicer setting forth the following information (which, in the case of clauses (iii), (iv) and (v) below, shall be expressed as a dollar amount per $1,000 of the original principal amount of the Notes of such Series and, in the case of clause (viii) below shall be stated on an aggregate basis and on the basis of a dollar amount per $1,000 of the original principal amount of the Notes of such Series): (i) the aggregate amount of Interest Collections processed since the prior Payment Distribution Date, the aggregate amount of Principal Collections processed during the -42- 50 Related Month and the aggregate amount of Collections processed during such periods; (ii) the Invested Percentage with respect to Interest Collections and Principal Collections for such Series on the last day of the Related Month; (iii) the total amount to be distributed to Noteholders of such Series on the next succeeding Payment Distribution Date; (iv) the amount of such distribution allocable to principal on each Class of the Notes of such Series; (v) the amount of such distribution allocable to interest on each Class of the Notes of such Series; (vi) the amount of any drawing under any Enhancement, if any, for such Series for such Payment Distribution Date; (vii) the amount of the Monthly Servicing Fee for such Series for such Payment Distribution Date; (viii) the amount available under the applicable Enhancement, if any, for such Series as of the close of business on such Payment Distribution Date after giving effect to any drawings on the applicable Enhancement and payments to the applicable Enhancement Provider on such Payment Distribution Date; (ix) the ratio of the amount available under the applicable Enhancement, if any, to the Invested Amount for such Series as of the close of business on such Payment Distribution Date after giving effect to any drawings on the applicable Enhancement and payments to the applicable Enhancement Provider on such Payment Distribution Date; (x) the Pool Factor, if any, for such Series as of the end of the Record Date with respect to such Payment Distribution Date; (xi) whether, to the knowledge of the Servicer, any Liens exist with respect to any of the Collateral which are not permitted under the Related Documents; (xii) the Aggregate Asset Amount, the Aggregate Non-Repurchase Asset Amount, the Aggregate Segregated Asset Amount and the amount of any Asset Amount Deficiency; (xiii) the Carryover Controlled Distribution Amortization Amount and the Carryover Controlled Amortization Amount (as such terms are defined for any -43- 51 Series or class of Notes in the applicable related Placement Supplement) for such Payment Distribution Date; (xiv) the Net Book Value of Program Repurchase Vehicles (including the Net Book Value of Segregated Repurchase Vehicles for each Segregated Series of Notes) and the Net Book Value and Non-Repurchase Vehicle Value of Non-Program Repurchase Vehicles from each Manufacturer as of the last day of the Related Month; (xv) the ratios of the Net Book Value of Non-Program Repurchase Vehicles and the Program Repurchase Vehicles, respectively, to the Net Book Value of all Vehicles; (xvi) the number Net Book Value of Vehicles of each Manufacturer as of the last date of the Related Month; (xvii) the average age of all Program Repurchase Vehicles and average age of all Non-Program Repurchase Vehicles as of the last day of the Related Month; (xviii) the average total monthly Depreciation Charges per Program Repurchase Vehicle and per Non-Program Non- Repurchase Vehicle during the Related Month; (xix) the Net Book Value of any Vehicles identified as stolen or a Casualty during the Related Month; (xx) the Net Book Value of any Vehicles manufactured by Mazda; and (xixxxi) with respect to any Series, the such additional information specified in the related Supplement.

Monthly Noteholders’ Statement. (a) On each Payment DateThe Master Servicer shall, the Trustee shall forward to each Noteholder with cooperation of record of all outstanding Series, the Paying Agent (if other than the Trustee), any Note Owner, upon provision of evidence satisfactory to the Trustee as to its ownership interest, and any Enhancement Provider, and the Servicer, upon prepare a single submission by a Note Owner of evidence satisfactory to the Servicer as to such Note Owner's ownership interest, shall forward to such Note Owner on each Payment Date thereafter until otherwise instructed or until such Person ceases to be a Note Owner, a monthly statement substantially in the form of Exhibit D of the Series Supplement for the Series 2010-1 Notes (each, a "“Monthly Noteholders' ’ Statement") prepared by the Servicer, delivered ”). The Master Servicer shall deliver to the Trustee and each Rating Agency rating the Rating Agencies and Series 2010-1 Notes each such Monthly Noteholders’ Statement with respect to the Series 2010-1 Notes on or before the fourth Business Day before each Payment Date (unless otherwise agreed to by the Trustee), in a Microsoft Excel electronic file (or similar electronic file), setting forth forth, inter alia, the following information (which, in the case of clauses (iiiiv), (ivv) and (vvi) below, shall be expressed as a dollar amount per $1,000 of the original principal amount Principal Amount of the Series 2010-1 Notes of such Series and, in the case of clause (viiiix) shall be stated on an aggregate basis and on the basis of a dollar amount per $1,000 of the original principal amount Principal Amount of the Notes of such SeriesSeries 2010-1 Notes): (i) the aggregate amount of Series 2010-1 Interest Collections processed since the prior Payment Date, the aggregate amount of Principal Collections processed during the -42- 50 Related Month and the aggregate amount of Collections processed during such periods; (ii) the Series 2010-1 Interest Amount and the Series 2010-1 Interest Rate Cap Proceeds for the next Payment Date; (iii) the Series 2010-1 Invested Percentage with respect to Series 2010-1 Interest Collections and Principal Collections for such the Series 2010-1 Notes on the last day of the Related Month; (iiiiv) the total amount to be distributed to Noteholders of such Series 2010-1 Notes on the next succeeding Payment Date; (ivv) the amount of such the distribution allocable to principal on the Series 2010-1 Notes of such Serieson the next Payment Date; (vvi) the amount of such the distribution allocable to interest on the Series 2010-1 Notes of such Serieson the next Payment Date; (vivii) the amount of any drawing under any Enhancement, if any, for such Series 2010-1 Notes for such Payment Date; (vii) the amount of the Monthly Servicing Fee for such Series for such next Payment Date; (viii) the amount of the Series 2010-1 Monthly Servicing Fee, the Series 2010-1 Monthly Supplemental Servicing Fee, the Group V Monthly Servicing Fee and the Group V Supplemental Servicing Fee for the next Payment Date; (ix) the Series 2010-1 Enhancement Amount, the Series 2010-1 Enhancement Deficiency, if any, the Series 2010-1 Minimum Enhancement Amount, the Series 2010-1 Required Enhancement Percentage, the Series 2010-1 Liquidity Amount, the Series 2010-1 Minimum Liquidity Amount, the Series 2010-1 Cash Liquidity Amount, the Series 2010-1 Letter of Credit Amount, if any, the Series 2010-1 Letter of Credit Liquidity Amount, if any, the Series 2010-1 Minimum Letter of Credit Amount, the Series 2010-1 Available Subordinated Amount, the Series 2010-1 Minimum Subordinated Amount and the Series 2010-1 Cash Collateral Account Surplus, in each case, as of the last day of the Related Month after giving effect to any expected drawings on any applicable Enhancement and payments to the applicable Enhancement Provider on the next Payment Date; (x) the ratio of the amount available under the applicable Enhancement, if any, for such to the Series 2010-1 Invested Amount as of the close of business on such next Payment Date after giving effect to any expected drawings on the applicable Enhancement and payments to the applicable Enhancement Provider on such the next Payment Date; (ixxi) the ratio amount of any LOC Disbursements expected to be made with respect to the amount available under next Payment Date; (xii) the applicable EnhancementSeries 2010-1 Monthly Interest Shortfall, if any, with respect to the next Payment Date; (xiii) the Series 2010-1 Invested Amount, the Series 2010-1 Invested Percentage, the Series 2010-1 Maximum Invested Amount for such and the Group V Aggregate Invested Amount with respect to the next Payment Date; (xiv) the Retained Interest Amount, if any, and the Retained Interest Percentage with respect to all outstanding Group V Series of Notes as of the close of business on such Payment Date after giving effect to any drawings on the applicable Enhancement and payments to last day of the applicable Enhancement Provider on such Payment DateRelated Month; (xxv) the Pool Factor, if any, Factor for such Series as of the end of the Record Date with respect to such the next Payment Date; (xixvi) whether, to the knowledge of the Master Servicer, any Liens exist with respect to any of the Collateral which are not permitted under the Related Documents; (xiixvii) whether, to the knowledge of the Master Servicer, any Lease Event of Default or Servicer Default has occurred; (xviii) whether, to the knowledge of the Master Servicer, any Amortization Event or Potential Amortization Event with respect to the Series 2010-1 Notes has occurred; (xix) the Required Asset Amount, the Aggregate Asset Amount and Amount, the amount of any Asset Amount DeficiencyDeficiency and the Exchange Agreement Group V Rights Value, in each case, as of the last day of the Related Month; (xiii) the Controlled Distribution Amount and the Carryover Controlled Amortization Amount (as defined for any -43- 51 Series or class of Notes in the applicable Supplement) for such Payment Date; (xivxx) the Net Book Value of Program Vehicles and the Net Book Value of Non-Program Vehicles from each Manufacturer, the rating of each such Manufacturer and the name of any Bankrupt Manufacturer, in each case, as of the last day of the Related Month; (xvxxi) the ratios of the Non-Program Vehicles and the Program Vehicles, respectively, to all Group V Vehicles, and the Program Vehicle Percentage, in each case, as of the last day of the Related Month; (xvixxii) the number of Group V Vehicles of each Manufacturer as of the last date day of the Related Month; (xviixxiii) the Top Two Manufacturers and the Top Three Manufacturers as of the last day of the Related Month; (xxiv) the average age of all Program Vehicles and average age of all Non-Program Vehicles as of the last day of the Related Month; (xviiixxv) the average total monthly Depreciation Charges per Program Vehicle and per Non-Program Vehicle during the Related Month; (xxvi) (x) the Market Value Adjustment Percentage as of the related Determination Date, (y) the Measurement Month Average and the aggregate Market Value of Non-Program Vehicles as of the last day of the Related Month and (z) the Measurement Month Average used to determine the Market Value Adjustment Percentage as of the related Determination Date if different than the Measurement Month Average as of the last day of the Related Month; and (xixxxvii) with respect any other information required to any Series, be included in the information Monthly Noteholders’ Statement pursuant to the terms of Series Supplement for the Series 2010-1 Notes. On each Payment Date for the Series 2010-1 Notes or at such other times as are specified in the related SupplementSeries Supplement for the Series 2010-1 Notes, the Trustee shall forward to each Noteholder of record of Series 2010-1 Notes, the Paying Agent (if other than the Trustee), any other Note Owner of Series 2010-1 Notes, the Monthly Noteholders’ Statement for the Series 2010-1 Notes prepared by the Master Servicer.