Common use of Representations and Warranties Regarding Clause in Contracts

Representations and Warranties Regarding. the Trust Depositor 17 Section 3.02. Representations and Warranties Regarding the Servicer 18 ARTICLE FOUR PERFECTION OF TRANSFER AND PROTECTION OF SECURITY INTERESTS 20 Section 4.01. Custody of Contracts 20 Section 4.02. Filing 21 Section 4.03. Name Change or Relocation 21 Section 4.04. Costs and Expenses 21 ARTICLE FIVE SERVICING OF CONTRACTS 22 Section 5.01. Responsibility for Contract Administration 22 Section 5.02. Standard of Care 22 Section 5.03. Records 22 Section 5.04. Inspection 22 Section 5.05. Trust Accounts 22 Section 5.06. Enforcement 24 Section 5.07. Trustees to Cooperate 25 Section 5.08. Costs and Expenses 25 Section 5.09. Maintenance of Security Interests in Motorcycles 26 Section 5.10. Successor Servicer/Lockbox Agreements 26 Section 5.11. Separate Entity Existence 26 ARTICLE SIX THE TRUST DEPOSITOR 26 Section 6.01. Covenants of the Trust Depositor 26

Representations and Warranties Regarding. the Trust Depositor 17 21 Section 3.02. Representations and Warranties Regarding the Servicer 18 23 ARTICLE FOUR PERFECTION OF TRANSFER AND PROTECTION OF SECURITY INTERESTS 20 24 Section 4.01. Custody of Contracts 20 24 Section 4.02. Filing 21 25 Section 4.03. Name Change or Relocation 21 25 Section 4.04. Costs and Expenses 21 26 ARTICLE FIVE SERVICING OF CONTRACTS 22 26 Section 5.01. Responsibility for Contract Administration 22 26 Section 5.02. Standard of Care 22 26 Section 5.03. Records 22 26 Section 5.04. Inspection 22 26 Section 5.05. Trust Accounts 22 27 Section 5.06. Enforcement 24 28 Section 5.07. Trustees to Cooperate 25 29 Section 5.08. Costs and Expenses 25 30 Section 5.09. Maintenance of Security Interests in Motorcycles 26 30 Section 5.10. Successor Servicer/Lockbox Agreements 26 30 Section 5.11. Separate Entity Existence 26 30 ARTICLE SIX THE TRUST DEPOSITOR 26 31 Section 6.01. Covenants of the Trust Depositor 2631

Representations and Warranties Regarding. the Trust Depositor 17 Section 3.02. Representations and Warranties Regarding the Servicer 18 19 ARTICLE FOUR PERFECTION OF TRANSFER AND PROTECTION OF SECURITY INTERESTS 20 Section 4.01. Custody of Contracts 20 Section 4.02. Filing 21 Section 4.03. Name Change or Relocation 21 Section 4.04. Costs and Expenses 21 ARTICLE FIVE SERVICING OF CONTRACTS 22 Section 5.01. Responsibility for Contract Administration 22 Section 5.02. Standard of Care 22 Section 5.03. Records 22 Section 5.04. Inspection 22 Section 5.05. Trust Accounts 22 Section 5.06. Enforcement 24 Section 5.07. Trustees to Cooperate 25 Section 5.08. Costs and Expenses 25 Section 5.09. Maintenance of Security Interests in Motorcycles 26 Section 5.10. Successor Servicer/Lockbox Agreements 26 Section 5.11. Separate Entity Existence 26 ARTICLE SIX THE TRUST DEPOSITOR 26 Section 6.01. Covenants of the Trust Depositor 26

Representations and Warranties Regarding. the Trust Depositor 17 Section 3.02. Representations and Warranties Regarding the Servicer 18 ARTICLE FOUR PERFECTION OF TRANSFER AND PROTECTION OF SECURITY INTERESTS 20 Section 4.01. Custody of Contracts 20 Section 4.02. Filing 21 Section 4.03. Name Change or Relocation 21 Section 4.04. Costs and Expenses 21 ARTICLE FIVE SERVICING OF CONTRACTS 22 21 Section 5.01. Responsibility for Contract Administration 22 21 Section 5.02. Standard of Care 22 Section 5.03. Records 22 Section 5.04. Inspection 22 Section 5.05. Trust Accounts 22 Section 5.06. Enforcement 24 Section 5.07. Trustees to Cooperate 25 Section 5.08. Costs and Expenses 25 Section 5.09. Maintenance of Security Interests in Motorcycles 26 25 Section 5.10. Successor Servicer/Lockbox Agreements 26 Section 5.11. Separate Entity Existence 26 ARTICLE SIX THE TRUST DEPOSITOR 26 Section 6.01. Covenants of the Trust Depositor 26

Representations and Warranties Regarding. the Trust Depositor 17 18 Section 3.02. Representations and Warranties Regarding the Servicer 18 19 ARTICLE FOUR PERFECTION OF TRANSFER AND PROTECTION OF SECURITY INTERESTS 20 21 Section 4.01. Custody of Contracts 20 21 Section 4.02. Filing 21 22 Section 4.03. Name Change or Relocation 21 22 Section 4.04. Costs and Expenses 21 22 ARTICLE FIVE SERVICING OF CONTRACTS 22 23 Section 5.01. Responsibility for Contract Administration 22 23 Section 5.02. Standard of Care 22 23 Section 5.03. Records 22 23 Section 5.04. Inspection 22 23 Section 5.05. Trust Accounts 22 23 Section 5.06. Enforcement 24 25 Section 5.07. Trustees to Cooperate 25 26 Section 5.08. Costs and Expenses 25 26 Section 5.09. Maintenance of Security Interests in Motorcycles 26 27 Section 5.10. Successor Servicer/Lockbox Agreements 26 27 Section 5.11. Separate Entity Existence 26 27 ARTICLE SIX THE TRUST DEPOSITOR 26 27 Section 6.01. Covenants of the Trust Depositor 2627

Representations and Warranties Regarding. the Trust Depositor 17 26 Section 3.02. Representations and Warranties Regarding the Servicer 18 28 ARTICLE FOUR PERFECTION OF TRANSFER AND PROTECTION OF SECURITY INTERESTS 20 29 Section 4.01. Custody of Contracts 20 29 Section 4.02. Filing 21 31 Section 4.03. Name Change or Relocation 21 31 Section 4.04. Costs and Expenses 21 31 ARTICLE FIVE SERVICING OF CONTRACTS 22 32 Section 5.01. Responsibility for Contract Administration 22 32 Section 5.02. Standard of Care 22 32 Section 5.03. Records 22 32 Section 5.04. Inspection 22 32 Section 5.05. Trust Accounts 22 33 Section 5.06. Enforcement 24 34 Section 5.07. Trustees to Cooperate 25 36 Section 5.08. Costs and Expenses 25 36 Section 5.09. Maintenance of Security Interests in Motorcycles 26 37 Section 5.10. Successor Servicer/Lockbox Agreements 26 37 Section 5.11. Separate Entity Existence 26 37 ARTICLE SIX THE TRUST DEPOSITOR 26 37 Section 6.01. Covenants of the Trust Depositor 2637

Representations and Warranties Regarding. the Trust Depositor 17 21 Section 3.02. Representations and Warranties Regarding the Servicer 18 23 ARTICLE FOUR PERFECTION OF TRANSFER AND PROTECTION OF SECURITY INTERESTS 20 24 Section 4.01. Custody of Contracts 20 24 Section 4.02. Filing 21 25 Section 4.03. Name Change or Relocation 21 25 Section 4.04. Costs and Expenses 21 25 ARTICLE FIVE SERVICING OF CONTRACTS 22 26 Section 5.01. Responsibility for Contract Administration 22 26 Section 5.02. Standard of Care 22 26 Section 5.03. Records 22 26 Section 5.04. Inspection 22 26 Section 5.05. Trust Accounts 22 26 Section 5.06. Enforcement 24 28 Section 5.07. Trustees to Cooperate 25 29 Section 5.08. Costs and Expenses 25 29 Section 5.09. Maintenance of Security Interests in Motorcycles 26 30 Section 5.10. Successor Servicer/Lockbox Agreements 26 30 Section 5.11. Separate Entity Existence 26 30 ARTICLE SIX THE TRUST DEPOSITOR 26 Section 6.01. Covenants of the Trust Depositor 2630

Representations and Warranties Regarding. the Trust Depositor 17 18 Section 3.02. Representations and Warranties Regarding the Servicer 18 19 ARTICLE FOUR Four PERFECTION OF TRANSFER AND PROTECTION OF SECURITY INTERESTS 20 21 Section 4.01. Custody of Contracts 20 21 Section 4.02. Filing 21 22 Section 4.03. Name Change or Relocation 21 22 Section 4.04. Costs and Expenses 21 22 ARTICLE FIVE Five SERVICING OF CONTRACTS 22 23 Section 5.01. Responsibility for Contract Administration 22 23 Section 5.02. Standard of Care 22 23 Section 5.03. Records 22 23 Section 5.04. Inspection 22 23 Section 5.05. Trust Accounts 22 23 Section 5.06. Enforcement 24 25 Section 5.07. Trustees to Cooperate 25 26 Section 5.08. Costs and Expenses 25 26 Section 5.09. Maintenance of Security Interests in Motorcycles 26 27 Section 5.10. Successor Servicer/Lockbox Agreements 26 27 Section 5.11. Separate Entity Existence 26 27 ARTICLE SIX Six THE TRUST DEPOSITOR 26 27 Section 6.01. Covenants of the Trust Depositor 2627

Representations and Warranties Regarding. the Trust Depositor 17 18 Section 3.02. Representations and Warranties Regarding the Servicer 18 19 ARTICLE FOUR PERFECTION OF TRANSFER AND PROTECTION OF SECURITY INTERESTS 20 21 Section 4.01. Custody of Contracts 20 21 Section 4.02. Filing 21 22 Section 4.03. Name Change or Relocation 21 22 Section 4.04. Costs and Expenses 21 22 ARTICLE FIVE SERVICING OF CONTRACTS 22 23 Section 5.01. Responsibility for Contract Administration 22 23 Section 5.02. Standard of Care 22 23 Section 5.03. Records 22 23 Section 5.04. Inspection 22 23 Section 5.05. Trust Accounts 22 24 Section 5.06. Enforcement 24 25 Section 5.07. Trustees to Cooperate 25 26 Section 5.08. Costs and Expenses 25 27 Section 5.09. Maintenance of Security Interests in Motorcycles 26 27 Section 5.10. Successor Servicer/Lockbox Agreements 26 27 Section 5.11. Separate Entity Existence 26 27 ARTICLE SIX THE TRUST DEPOSITOR 26 27 Section 6.01. Covenants of the Trust Depositor 2627

Representations and Warranties Regarding. the Trust Depositor 17 21 Section 3.02. Representations and Warranties Regarding the Servicer 18 23 ARTICLE FOUR PERFECTION OF TRANSFER AND PROTECTION OF SECURITY INTERESTS 20 24 Section 4.01. Custody of Contracts 20 24 Section 4.02. Filing 21 25 Section 4.03. Name Change or Relocation 21 25 Section 4.04. Costs and Expenses 21 25 ARTICLE FIVE SERVICING OF CONTRACTS 22 26 Section 5.01. Responsibility for Contract Administration 22 26 Section 5.02. Standard of Care 22 26 Section 5.03. Records 22 26 Section 5.04. Inspection 22 26 Section 5.05. Trust Accounts 22 26 Section 5.06. Enforcement 24 28 Section 5.07. Trustees to Cooperate 25 29 Section 5.08. Costs and Expenses 25 30 Section 5.09. Maintenance of Security Interests in Motorcycles 26 30 Section 5.10. Successor Servicer/Lockbox Agreements 26 30 Section 5.11. Separate Entity Existence 26 30 ARTICLE SIX THE TRUST DEPOSITOR 26 30 Section 6.01. Covenants of the Trust Depositor 2630

Representations and Warranties Regarding. the Trust Depositor 17 96 Section 3.02. Representations and Warranties Regarding the Servicer 18 104 ARTICLE FOUR Four PERFECTION OF TRANSFER AND PROTECTION OF SECURITY INTERESTS 20 109 Section 4.01. Custody of Contracts 20 109 Section 4.02. Filing 21 115 Section 4.03. Name Change or Relocation 21 116 Section 4.04. Costs and Expenses 21 118 ARTICLE FIVE Five SERVICING OF CONTRACTS 22 118 Section 5.01. Responsibility for Contract Administration 22 118 Section 5.02. Standard of Care 22 119 Section 5.03. Records 22 120 Section 5.04. Inspection 22 120 Section 5.05. Trust Accounts 22 122 Section 5.06. Enforcement 24 129 Section 5.07. Trustees to Cooperate 25 134 Section 5.08. Costs and Expenses 25 136 Section 5.09. Maintenance of Security Interests in Motorcycles 26 137 Section 5.10. Successor Servicer/Lockbox Agreements 26 138 Section 5.11. Separate Entity Existence 26 139 ARTICLE SIX Six THE TRUST DEPOSITOR 26 140 Section 6.01. Covenants of the Trust Depositor 26140

Representations and Warranties Regarding. the Trust Depositor 17 25 Section 3.02. Representations and Warranties Regarding the Servicer 18 26 ARTICLE FOUR Four PERFECTION OF TRANSFER AND PROTECTION OF SECURITY INTERESTS 20 28 Section 4.01. Custody of Contracts 20 28 Section 4.02. Filing 21 29 Section 4.03. Name Change or Relocation 21 29 Section 4.04. Costs and Expenses 21 30 ARTICLE FIVE Five SERVICING OF CONTRACTS 22 30 Section 5.01. Responsibility for Contract Administration 22 30 Section 5.02. Standard of Care 22 30 Section 5.03. Records 22 30 Section 5.04. Inspection 22 30 Section 5.05. Trust Accounts 22 31 Section 5.06. Enforcement 24 32 Section 5.07. Trustees to Cooperate 25 33 Section 5.08. Costs and Expenses 25 34 Section 5.09. Maintenance of Security Interests in Motorcycles 26 34 Section 5.10. Successor Servicer/Lockbox Agreements 26 34 Section 5.11. Separate Entity Existence 26 35 ARTICLE SIX Six THE TRUST DEPOSITOR 26 Section 6.01. Covenants of the Trust Depositor 2635

Representations and Warranties Regarding. the Trust Depositor 17 Section 3.02. Representations and Warranties Regarding the Servicer 18 ARTICLE FOUR PERFECTION OF TRANSFER AND PROTECTION OF SECURITY INTERESTS 20 19 Section 4.01. Custody of Contracts 20 19 Section 4.02. Filing 21 20 Section 4.03. Name Change or Relocation 21 20 Section 4.04. Costs and Expenses 21 20 ARTICLE FIVE SERVICING OF CONTRACTS 22 20 Section 5.01. Responsibility for Contract Administration 22 20 Section 5.02. Standard of Care 22 21 Section 5.03. Records 22 21 Section 5.04. Inspection 22 21 Section 5.05. Trust Accounts 22 21 Section 5.06. Enforcement 24 22 Section 5.07. Trustees to Cooperate 25 23 Section 5.08. Costs and Expenses 25 24 Section 5.09. Maintenance of Security Interests in Motorcycles 26 24 Section 5.10. Successor Servicer/Lockbox Agreements 26 24 Section 5.11. Separate Entity Existence 26 24 ARTICLE SIX THE TRUST DEPOSITOR 26 24 Section 6.01. Covenants of the Trust Depositor 2624

Representations and Warranties Regarding. the Trust Depositor 17 25 Section 3.02. Representations and Warranties Regarding the Servicer 18 26 ARTICLE FOUR Four PERFECTION OF TRANSFER AND PROTECTION OF SECURITY INTERESTS 20 28 Section 4.01. Custody of Contracts 20 28 Section 4.02. Filing 21 29 Section 4.03. Name Change or Relocation 21 29 Section 4.04. Costs and Expenses 21 30 ARTICLE FIVE Five SERVICING OF CONTRACTS 22 30 Section 5.01. Responsibility for Contract Administration 22 30 Section 5.02. Standard of Care 22 30 Section 5.03. Records 22 30 Section 5.04. Inspection 22 30 Section 5.05. Trust Accounts 22 31 Section 5.06. Enforcement 24 32 Section 5.07. Trustees to Cooperate 25 33 Section 5.08. Costs and Expenses 25 34 Section 5.09. Maintenance of Security Interests in Motorcycles 26 34 Section 5.10. Successor Servicer/Lockbox Agreements 26 34 Section 5.11. Separate Entity Existence 26 34 ARTICLE SIX Six THE TRUST DEPOSITOR 26 35 Section 6.01. Covenants of the Trust Depositor 2635

Representations and Warranties Regarding. the Trust Depositor 17 26 Section 3.02. Representations and Warranties Regarding the Servicer 18 28 ARTICLE FOUR PERFECTION OF TRANSFER AND PROTECTION OF SECURITY INTERESTS 20 29 Section 4.01. Custody of Contracts 20 29 Section 4.02. Filing 21 31 Section 4.03. Name Change or Relocation 21 31 Section 4.04. Costs and Expenses 21 32 ARTICLE FIVE SERVICING OF CONTRACTS 22 32 Section 5.01. Responsibility for Contract Administration 22 32 Section 5.02. Standard of Care 22 32 Section 5.03. Records 22 32 Section 5.04. Inspection 22 32 Section 5.05. Trust Accounts 22 33 Section 5.06. Enforcement 24 35 Section 5.07. Trustees to Cooperate 25 36 Section 5.08. Costs and Expenses 25 37 Section 5.09. Maintenance of Security Interests in Motorcycles 26 37 Section 5.10. Successor Servicer/Lockbox Agreements 26 37 Section 5.11. Separate Entity Existence 26 37 ARTICLE SIX THE TRUST DEPOSITOR 26 Section 6.01. Covenants of the Trust Depositor 2638

Representations and Warranties Regarding. the Trust Depositor 17 Section 3.02. Representations and Warranties Regarding the Servicer 18 ARTICLE FOUR PERFECTION OF TRANSFER AND PROTECTION OF SECURITY INTERESTS 20 Section 4.01. Custody of Contracts 20 Section 4.02. Filing 21 Section 4.03. Name Change or Relocation 21 Section 4.04. Costs and Expenses 21 ARTICLE FIVE SERVICING OF CONTRACTS 22 Section 5.01. Responsibility for Contract Administration 22 Section 5.02. Standard of Care 22 Section 5.03. Records 22 Section 5.04. Inspection 22 Section 5.05. Trust Accounts 22 Section 5.06. Enforcement 24 Section 5.07. Trustees to Cooperate 25 Section 5.08. Costs and Expenses 25 Section 5.09. Maintenance of Security Interests in Motorcycles 26 25 Section 5.10. Successor Servicer/Lockbox Agreements 26 Section 5.11. Separate Entity Existence 26 ARTICLE SIX THE TRUST DEPOSITOR 26 Section 6.01. Covenants of the Trust Depositor 26