Common use of Purchases and Settlements Clause in Contracts

Purchases and Settlements. Section 2.1 Transfer of Affected Assets; Intended Characterization 24 Section 2.2 Purchase Price 25 Section 2.3 Investment Procedures 25 Section 2.4 Determination of Yield and Rate Periods 26 Section 2.5 Yield, Fees and Other Costs and Expenses 28 Section 2.6 Deemed Collections 28 Section 2.7 Payments and Computations, Etc 29 Section 2.8 Reports 29 Section 2.9 Collection Account 29 Section 2.10 Sharing of Payments, Etc 29 Section 2.11 Right of Setoff 30 Section 2.12 Settlement Procedures 30 Section 2.13 Optional Reduction of Net Investment 31 Section 2.14 Application of Collections Distributable to SPV 32 Section 2.15 Collections Held in Trust 32 Section 2.16 Reduction of Facility Limit 32 Section 2.17 Increase of Facility Limit 32 ARTICLE III ADDITIONAL COMMITTED INVESTOR PROVISIONS Section 3.1 Assignment to Committed Investors 32 Section 3.2 [Reserved] 33 Section 3.3 Extension of Commitment Termination Date/Non-Renewing Committed Investors 33

Purchases and Settlements. Section 2.1 Transfer of Affected Assets; Intended Characterization 24 31 Section 2.2 Purchase Price 25 32 Section 2.3 Investment Procedures 25 33 Section 2.4 Determination of Yield and Rate Periods 26 35 Section 2.5 Yield, Fees and Other Costs and Expenses 28 36 Section 2.6 Deemed Collections 28 37 Section 2.7 Payments and Computations, Etc 29 37 Section 2.8 Reports 29 37 Section 2.9 Collection Account 29 38 Section 2.10 Sharing of Payments, Etc 29 38 Section 2.11 Right of Setoff 30 38 Section 2.12 Settlement Procedures 30 39 Section 2.13 Optional Reduction of Net Investment 31 41 Section 2.14 Application of Collections Distributable to SPV 32 41 Section 2.15 Collections Held in Trust 32 42 Section 2.16 Reduction of Facility Limit 32 42 Section 2.17 2.1 Increase of Facility Limit 32 42 ARTICLE III ADDITIONAL COMMITTED INVESTOR PROVISIONS Section 3.1 Assignment to Committed Investors 32 42 Section 3.2 [Reserved] 33 44 Section 3.3 Extension of Commitment Termination Date/Non-Renewing Committed Investors 3344

Purchases and Settlements. Section 2.1 Transfer of Affected Assets; Intended Characterization 24 23 Section 2.2 Purchase Price 25 24 Section 2.3 Investment Procedures 25 24 Section 2.4 Determination of Yield and Rate Periods 26 Section 2.5 Yield, Fees and Other Costs and Expenses 28 27 Section 2.6 Deemed Collections 28 Section 2.7 Payments and Computations, Etc 29 28 Section 2.8 Reports 29 28 Section 2.9 Collection Account 29 28 Section 2.10 Sharing of Payments, Etc 29 28 Section 2.11 Right of Setoff 30 29 Section 2.12 Settlement Procedures 30 29 Section 2.13 Optional Reduction of Net Investment 31 30 Section 2.14 Application of Collections Distributable to SPV 32 31 Section 2.15 Collections Held in Trust 32 31 Section 2.16 Reduction of Facility Limit 32 31 Section 2.17 Increase of Facility Limit 32 31 ARTICLE III ADDITIONAL COMMITTED INVESTOR PROVISIONS Section 3.1 Assignment to Committed Investors 32 31 Section 3.2 [Reserved] 33 32 Section 3.3 Extension of Commitment Termination Date/Non-Renewing Committed Investors 3332

Purchases and Settlements. Section 2.1 Transfer of Affected Assets; Intended Characterization 24 39 Section 2.2 Purchase Price 25 40 Section 2.3 Investment Procedures 25 41 Section 2.4 Determination of Yield and Rate Periods 26 43 Section 2.5 Yield, Fees and Other Costs and Expenses 28 45 Section 2.6 Deemed Collections 28 45 Section 2.7 Payments and Computations, Etc 29 46 Section 2.8 Reports 29 46 Section 2.9 Collection Account 29 46 Section 2.10 Sharing of Payments, Etc 29 47 Section 2.11 Right of Setoff 30 47 Section 2.12 Settlement Procedures 30 47 Section 2.13 Optional Reduction of Net Investment 31 50 Section 2.14 Application of Collections Distributable to SPV 32 50 Section 2.15 Collections Held in Trust 32 50 Section 2.16 Reduction of Facility Limit 32 51 Section 2.17 Increase of Facility Limit 32 51 Section 2.18 Benchmark Replacement Setting 51 ARTICLE III ADDITIONAL COMMITTED INVESTOR PROVISIONS Section 3.1 Assignment to Committed Investors 32 53 Section 3.2 [Reserved] 33 Section 3.3 Extension of Commitment Termination Date/Non-Renewing Committed Investors 3354

Purchases and Settlements. Section 2.1 Transfer of Affected Assets; Intended Characterization 24 31 Section 2.2 Purchase Price 25 32 Section 2.3 Investment Procedures 25 33 Section 2.4 Determination of Yield and Rate Periods 26 35 Section 2.5 Yield, Fees and Other Costs and Expenses 28 36 Section 2.6 Deemed Collections 28 37 Section 2.7 Payments and Computations, Etc 29 37 Section 2.8 Reports 29 38 Section 2.9 Collection Account 29 38 Section 2.10 Sharing of Payments, Etc 29 38 Section 2.11 Right of Setoff 30 39 -i- Section 2.12 Settlement Procedures 30 39 Section 2.13 Optional Reduction of Net Investment 31 41 Section 2.14 Application of Collections Distributable to SPV 32 42 Section 2.15 Collections Held in Trust 32 42 Section 2.16 Reduction of Facility Limit 32 42 Section 2.17 2.1 Increase of Facility Limit 32 42 ARTICLE III ADDITIONAL COMMITTED INVESTOR PROVISIONS Section 3.1 Assignment to Committed Investors 32 43 Section 3.2 [Reserved] 33 44 Section 3.3 Extension of Commitment Termination Date/Non-Renewing Committed Investors 3344