Common use of REPURCHASES AND REPLACEMENTS Clause in Contracts

REPURCHASES AND REPLACEMENTS. Information required by Rule 15Ga-1(a) concerning the Trust: [No activity to report for reporting period.] Most recent Form ABS-15G: Form ABS-15G filed on under CIK number Beginning Invested Amount/Transferor Amount $ $ $ Beginning Adjusted Invested Amount $ $ $ Floating Allocation Percentage % % % Principal Allocation Percentage % % % Collections of Finance Charge Receivables $ $ $ Collections of Principal Receivables $ $ $ Defaulted Amount $ $ $ Ending Invested Amount/Transferor Amount $ $ $ Principal Funding Account Balance $ $ $ $ Investment Proceeds for Monthly Period $ $ $ $ Required Reserve Account Amount $ $ $ $ Reserve Account Opening Balance $ $ $ $ Reserve Account Investment Proceeds retained per Section 4.12(b) $ $ $ $ Reserve Account Deposit $ $ $ $ Reserve Draw Amount $ $ $ $ Reserve Account Surplus (after giving effect to any principal distributions on the related Distribution Date) $ $ $ $ Reserve Account Closing Balance (after giving effect to any principal distributions and Reserve Account withdrawals on the related Distribution Date) $ $ $ $ Coupon ( / / to / / ) % % % % Monthly Interest Due $ $ $ $ Outstanding Monthly Interest Due $ $ $ $ Additional Interest Due $ $ $ $ Total Interest Due $ $ $ $ Investor Default Amount $ $ $ $ Investor Monthly Fees Due $ $ $ $ Investor Additional Amounts Due $ $ $ $ Total Due $ $ $ $ Reallocated Investor Finance Charge Collections $ Interest and Principal Funding Investment Proceeds $ Interest on Reserve Account $ Series Adjusted Portfolio Yield % Base Rate % Excess Spread Percentage % Beginning Certificates Balance $ $ $ $ Distributions of Interest $ $ $ $ Deposits to the Principal Funding Account $ $ $ $ Distributions of Principal $ $ $ $ Total Distributions $ $ $ $ Ending Certificates Balance $ $ $ $

REPURCHASES AND REPLACEMENTS. Information required by Rule 15Ga-1(a) concerning the Trust: [No activity to report for reporting period.] Most recent Form ABS-15G: Form ABS-15G filed on under CIK number Beginning Invested Amount/Transferor Amount $ $ $ Beginning Adjusted Invested Amount $ $ $ Floating Allocation Percentage % % % Principal Allocation Percentage % % % Collections of Finance Charge Receivables $ $ $ Collections of Principal Receivables $ $ $ Defaulted Amount $ $ $ Ending Invested Amount/Transferor Amount $ $ $ Principal Funding Account Balance $ $ $ $ Investment Proceeds for Monthly Period $ $ $ $ Required Reserve Account Amount $ $ $ $ Reserve Account Opening Balance $ $ $ $ Reserve Account Investment Proceeds retained per Section 4.12(b) $ $ $ $ Reserve Account Deposit $ $ $ $ Reserve Draw Amount $ $ $ $ Reserve Account Surplus (after giving effect to any principal distributions on the related Distribution Date) $ $ $ $ Reserve Account Closing Balance (after giving effect to any principal distributions and Reserve Account withdrawals on the related Distribution Date) $ $ $ $ Required Reserve Account Amount $ $ $ $ Coupon ( / / to / / ) % % % % Monthly Interest Due $ $ $ $ Outstanding Monthly Interest Due $ $ $ $ Additional Interest Due $ $ $ $ Total Interest Due $ $ $ $ Investor Default Amount $ $ $ $ Investor Monthly Fees Due $ $ $ $ Investor Additional Amounts Due $ $ $ $ Total Due $ $ $ $ Reallocated Investor Finance Charge Collections $ Interest and Principal Funding Investment Proceeds $ Interest on Reserve Account $ Series Adjusted Portfolio Yield % Base Rate % Excess Spread Percentage % Beginning Certificates Balance $ $ $ $ Distributions of Interest $ $ $ $ Deposits to the Principal Funding Account $ $ $ $ Distributions of Principal $ $ $ $ Total Distributions $ $ $ $ Ending Certificates Balance $ $ $ $

REPURCHASES AND REPLACEMENTS. Information required by Rule 15Ga-1(a) concerning the Trust: [No activity to report for reporting period.] Most recent Form ABS-15G: Form ABS-15G filed on under CIK number Beginning Invested Amount/Transferor Amount $ $ $ Beginning Adjusted Invested Amount $ $ $ Floating Allocation Percentage % % % Principal Allocation Percentage % % % Collections of Finance Charge Receivables $ $ $ Collections of Principal Receivables $ $ $ Defaulted Amount $ $ $ Ending Invested Amount/Transferor Amount $ $ $ Principal Funding Account Balance $ $ $ $ Investment Proceeds for Monthly Period $ $ $ $ Required Reserve Account Amount $ $ $ $ Reserve Account Opening Balance $ $ $ $ Reserve Account Investment Proceeds retained per Section 4.12(b) $ $ $ $ Reserve Account Deposit $ $ $ $ Reserve Draw Amount $ $ $ $ Reserve Account Surplus (after giving effect to any principal distributions on the related Distribution Date) $ $ $ $ Reserve Account Closing Balance (after giving effect to any principal distributions and Reserve Account withdrawals on the related Distribution Date) $ $ $ $ Required Reserve Account Amount $ $ $ $ LIBOR Determination Date Coupon ( / / to / / ) % % % % Monthly Interest Due $ $ $ $ Outstanding Monthly Interest Due $ $ $ $ Additional Interest Due $ $ $ $ Total Interest Due $ $ $ $ Investor Default Amount $ $ $ $ Investor Monthly Fees Due $ $ $ $ Investor Additional Amounts Due $ $ $ $ Total Due $ $ $ $ Reallocated Investor Finance Charge Collections $ Interest and Principal Funding Investment Proceeds $ Interest on Reserve Account $ Series Adjusted Portfolio Yield % Base Rate % Excess Spread Percentage % Beginning Certificates Balance $ $ $ $ Distributions of Interest $ $ $ $ Deposits to the Principal Funding Account $ $ $ $ Distributions of Principal $ $ $ $ Total Distributions $ $ $ $ Ending Certificates Balance $ $ $ $

REPURCHASES AND REPLACEMENTS. Information required by Rule 15Ga-1(a) concerning the Trust: [No activity to report for reporting period.] Most recent Form ABS-15G: Form ABS-15G filed on under CIK number Beginning Invested Amount/Transferor Amount $ $ $ Beginning Adjusted Invested Amount $ $ $ Floating Allocation Percentage % % % Principal Allocation Percentage % % % Collections of Finance Charge Receivables $ $ $ Collections of Principal Receivables $ $ $ Defaulted Amount $ $ $ Ending Invested Amount/Transferor Amount $ $ $ Principal Funding Account Balance $ $ $ $ Investment Proceeds for Monthly Period $ $ $ $ Required Reserve Account Amount $ $ $ $ Reserve Account Opening Balance $ $ $ $ Reserve Account Investment Proceeds retained per Section 4.12(b) $ $ $ $ Reserve Account Deposit $ $ $ $ Reserve Draw Amount $ $ $ $ Reserve Account Surplus (after giving effect to any principal distributions on the related Distribution Date) $ $ $ $ Reserve Account Closing Balance (after giving effect to any principal distributions and Reserve Account withdrawals on the related Distribution Date) $ $ $ $ LIBOR Determination Date Coupon ( / / to / / ) % % % % Monthly Interest Due $ $ $ $ Outstanding Monthly Interest Due $ $ $ $ Additional Interest Due $ $ $ $ Total Interest Due $ $ $ $ Investor Default Amount $ $ $ $ Investor Monthly Fees Due $ $ $ $ Investor Additional Amounts Due $ $ $ $ Total Due $ $ $ $ Reallocated Investor Finance Charge Collections $ Interest and Principal Funding Investment Proceeds $ Interest on Reserve Account $ Series Adjusted Portfolio Yield % Base Rate % Excess Spread Percentage % Beginning Certificates Balance $ $ $ $ Distributions of Interest $ $ $ $ Deposits to the Principal Funding Account $ $ $ $ Distributions of Principal $ $ $ $ Total Distributions $ $ $ $ Ending Certificates Balance $ $ $ $

REPURCHASES AND REPLACEMENTS. Information required by Rule 15Ga-1(a) concerning the Trust: [No activity to report for reporting period.] Most recent Form ABS-15G: Form ABS-15G filed on under CIK number Information required by Item 1121(d)(1) of Regulation AB concerning the Trust: [No activity to report for reporting period.] Information required by Item 1121(d)(2) of Regulation AB concerning the Trust: [There has been no change to the Asset Representation Reviewer during the reporting period.] Information required by Item 1121(e) of Regulation AB concerning the Trust: [No activity to report for reporting period.] [On [ ], 20[ ], [ ] received a request from [ ] expressing an interest in communicating with other investors with regard to the possible exercise of rights under [TRANSACTIONAL AGREEMENT]. The requesting investor may be contacted at: [ADDRESS] [PHONE NUMBER] [EMAIL]] Beginning Invested Amount/Transferor Amount $ $ $ Beginning Adjusted Invested Amount $ $ $ Floating Allocation Percentage % % % Principal Allocation Percentage % % % Collections of Finance Charge Receivables $ $ $ Collections of Principal Receivables $ $ $ Defaulted Amount $ $ $ Ending Invested Amount/Transferor Amount $ $ $ Principal Funding Account Balance $ $ $ $ Investment Proceeds for Monthly Period $ $ $ $ Required Reserve Account Amount $ $ $ $ Reserve Account Opening Balance $ $ $ $ Reserve Account Investment Proceeds retained per Section 4.12(b) $ $ $ $ Reserve Account Deposit $ $ $ $ Reserve Draw Amount $ $ $ $ Reserve Account Surplus (after giving effect to any principal distributions on the related Distribution Date) $ $ $ $ Reserve Account Closing Balance (after giving effect to any principal distributions and Reserve Account withdrawals on the related Distribution Date) $ $ $ $ [LIBOR Determination Date ] Coupon ( / / to / / ) % % % % Monthly Interest Due $ $ $ $ Outstanding Monthly Interest Due $ $ $ $ Additional Interest Due $ $ $ $ Total Interest Due $ $ $ $ Investor Default Amount $ $ $ $ Investor Monthly Fees Due $ $ $ $ Investor Additional Amounts Due $ $ $ $ Total Due $ $ $ $ Reallocated Investor Finance Charge Collections $ Interest and Principal Funding Investment Proceeds $ Interest on Reserve Account $ Series Adjusted Portfolio Yield % Base Rate % Excess Spread Percentage % Beginning Certificates Balance $ $ $ $ Distributions of Interest $ $ $ $ Deposits to the Principal Funding Account $ $ $ $ Distributions of Principal $ $ $ $ Total Distributions $ $ $ $ Ending Certificates Balance $ $ $ $ D) Information regarding distributions on the Distribution Date in respect of the Class A Certificates per $1,000 original certificate principal amount. (1) The total amount of the distribution: $ (2) The amount of the distribution in respect of Class A Monthly Interest: $ (3) The amount of the distribution in respect of Class A Outstanding Monthly Interest: $ (4) The amount of the distribution in respect of Class A Additional Interest: $ (5) The amount of the distribution in respect of principal of the Class A Certificates: $ E) Class A Investor Charge-Offs and Reimbursement of Class A Investor Charge-Offs. (1) The total amount of Class A Investor Charge-Offs: $ (2) The amount of Class A Investor Charge-Offs per $1,000 original certificate principal amount: $ (3) The total amount reimbursed in respect of Class A Investor Charge-Offs: $ (4) The amount reimbursed in respect of Class A Investor Charge-Offs per $1,000 original certificate principal amount: $ (5) The amount, if any, by which the outstanding principal balance of the Class A Certificates exceeds the Class A Invested Amount after giving effect to all transactions on such Distribution Date: $ F) Information regarding distributions in respect of the Class B Certificates, per $1,000 original certificate principal amount. (1) The total amount of the distribution in respect of Class B Certificates: $ (2) The amount of the distribution in respect of Class B Monthly Interest: $ (3) The amount of the distribution in respect of Class B Outstanding Monthly Interest: $ (4) The amount of the distribution in respect of Class B Additional Interest: $ (5) The amount of the distribution in respect of principal of the Class B Certificates: $ G) Amount of reductions in Class B Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Class B Invested Amount on such Distribution Date. (1) The amount of reductions in Class B Invested Amount pursuant to clauses (c), (d) and (e) of the definition of Class B Invested Amount: $ (2) The amount of the reductions in the Class B Invested Amount per $1,000 original certificate principal amount: $ (3) The total amount reimbursed in respect of such reductions in the Class B Invested Amount: $ (4) The amount reimbursed in respect of such reductions in the Class B Invested Amount, per $1,000 original certificate principal amount: $ (5) The amount, if any, by which the outstanding principal balance of the Class B Certificates exceeds the Class B Invested Amount after giving effect to all transactions on such Distribution Date: $ H) Information regarding distributions on the Distribution Date to the Collateral Interest Holder. (1) The total amount distributed to the Collateral Interest Holder: $ (2) The amount of the distribution in respect of Collateral Senior Minimum Monthly Interest: $ (3) The amount of the distribution in respect of Collateral Senior Additional Interest: $ (4) The amount distributed to the Collateral Interest Holder in respect of principal on the Collateral Invested Amount: $ (5) The amount of the distribution to the Collateral Interest Holder in respect of remaining Excess Spread: $ I) Amount of reductions in Collateral Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Collateral Invested Amount. (1) The amount of reductions in the Collateral Invested Amount pursuant to clauses (c), (d) and (e) of the definition of Collateral Invested Amount: $ (2) The total amount reimbursed in respect of such reductions in the Collateral Invested Amount: $ 1. CLASS A AVAILABLE FUNDS $ a. Class A Monthly Interest $ b. Class A Outstanding Monthly Interest $ c. Class A Additional Interest $ d. Class A Investor Default Amount (treated as $ Available Principal Collections) $ e. Excess Spread $ 2. CLASS B AVAILABLE FUNDS $ a. Class B Monthly Interest $ b. Class B Outstanding Monthly Interest $ c. Class B Additional Interest $ d. Excess Spread $ 3. COLLATERAL AVAILABLE FUNDS $ a. Excess Spread $ 4. TOTAL EXCESS SPREAD $