Common use of Selection and Continuation of Rate Tranche Periods Clause in Contracts

Selection and Continuation of Rate Tranche Periods. (a) With consultation from (and approval by) Agent, the applicable Financial Institution and, if applicable, the Purchaser Agent in such Financial Institution’s Purchaser Group, Seller shall from time to time, only for purposes of computing the Financial Institution Yield with respect to such Financial Institution, request Rate Tranche Periods to account for the portion of the Asset Portfolio funded or maintained by such Financial Institution, provided that, if at any time any of the Financial Institutions shall have any Capital outstanding, Seller shall always request Rate Tranche Periods such that at least one Rate Tranche Period shall end on the date specified in clause (A) of the definition of Settlement Date. (b) Seller or the applicable Financial Institution, upon notice to and consent by the other received at least three (3) Business Days prior to the end of a Rate Tranche Period (a “Terminating Rate Tranche”) for any portion of the Asset Portfolio funded or maintained by such Financial Institution, may, effective on the last day of the Terminating Rate Tranche: (i) divide any such Financial Institution’s Capital into multiple portions by subdividing such Capital into smaller amounts of Capital, (ii) combine any such portion of such Financial Institution’s Capital with one or more other portions of such Financial Institution’s Capital that have a Terminating Rate Tranche ending on the same day as such Terminating Rate Tranche by combining the associated Capital of such Financial Institution or (iii) combine any such Financial Institution’s existing Capital with additional Capital being paid to Seller as Cash Purchase Price in respect of a new Purchase made on the day such Terminating Rate Tranche ends by combining the associated Capital in respect of such new Purchase with the existing Capital of such Financial Institution, provided, that in no event may the Capital of any Purchaser be combined with the Capital of any other Purchaser.

Selection and Continuation of Rate Tranche Periods. (a) With consultation from (and approval by) Agent, Agent and the applicable Financial Institution and, if applicable, the Purchaser Agent in such Financial Institution’s Purchaser GroupPurchaser, Seller shall from time to time, only for purposes of computing the Financial Institution Purchaser Yield with respect to such Financial InstitutionPurchaser, request Rate Tranche Periods to account for the portion of the Asset Portfolio funded or maintained by such Financial InstitutionPurchaser, provided that, if at any time any of the Financial Institutions Purchasers shall have any Capital outstanding, Seller shall always request Rate Tranche Periods such that at least one Rate Tranche Period shall end on the date specified in clause (A) 19th day of the definition of Settlement Dateeach calendar month. (b) Seller or the applicable Financial InstitutionPurchaser, upon notice to and consent by the other received at least three (3) Business Days prior to the end of a Rate Tranche Period (a “Terminating Rate Tranche”) for any portion of the Asset Portfolio funded or maintained by such Financial InstitutionPurchaser, may, effective on the last day of the Terminating Rate Tranche: (i) divide any such Financial InstitutionPurchaser’s Capital into multiple portions by subdividing such Capital into smaller amounts of Capital, (ii) combine any such portion of such Financial InstitutionPurchaser’s Capital with one or more other portions of such Financial InstitutionPurchaser’s Capital that have a Terminating Rate Tranche ending on the same day as such Terminating Rate Tranche by combining the associated Capital of such Financial Institution Purchaser or (iii) combine any such Financial InstitutionPurchaser’s existing Capital with additional Capital being paid to Seller as Cash Purchase Price in respect of a new Purchase made on the day such Terminating Rate Tranche ends by combining the associated Capital in respect of such new Purchase with the existing Capital of such Financial InstitutionPurchaser, provided, that in no event may the Capital of any Purchaser be combined with the Capital of any other Purchaser.

Selection and Continuation of Rate Tranche Periods. (a) With consultation from (and approval by) Agent, the applicable Financial Institution and, if applicable, the Purchaser Agent in such Financial Institution’s Purchaser Group, Seller shall from time to time, only for purposes of computing the Financial Institution Yield with respect to such Financial Institution, request Rate Tranche Periods to account for the portion of the Asset Portfolio funded or maintained by such Financial Institution, provided that, if at any time any of the Financial Institutions shall have any Capital outstanding, Seller shall always request Rate Tranche Periods such that at least one Rate Tranche Period shall end on the date specified in clause (A) of the definition of Settlement Date. (b) Seller or the applicable Financial Institution, upon notice to and consent by the other received at least three (3) Business Days prior to the end of a Rate Tranche Period (a “Terminating Rate Tranche”) for any portion of the Asset Portfolio funded or maintained by such Financial Institution, may, effective on the last day of the Terminating Rate Tranche: (i) divide any such Financial Institution’s Capital into multiple portions by subdividing such Capital into smaller amounts of Capital, (ii) combine any such portion of such Financial Institution’s Capital with one or more other portions of such Financial Institution’s Capital that have a Terminating Rate Tranche ending on the same day as such Terminating Rate Tranche by combining the associated Capital of such Financial Institution or (iii) combine any such Financial Institution’s existing Capital with additional Capital being paid to Seller as Cash Purchase Price in respect of a new Purchase made on the day such Terminating Rate Tranche ends by combining 737768156 10446458 the associated Capital in respect of such new Purchase with the existing Capital of such Financial Institution, provided, that in no event may the Capital of any Purchaser be combined with the Capital of any other Purchaser.

Selection and Continuation of Rate Tranche Periods. (a) With consultation from (and approval by) Agent, Agent and the applicable Financial Institution and, if applicable, the Purchaser Agent in such Financial Institution’s Purchaser GroupPurchaser, Seller shall from time to time, only for purposes of computing the Financial Institution Purchaser Yield with respect to such Financial InstitutionPurchaser, request Rate Tranche Periods to account for the portion of the Asset Portfolio funded or maintained by such Financial InstitutionPurchaser, provided that, if at any time any of the Financial Institutions Purchasers shall have any Capital outstanding, Seller shall always request Rate Tranche Periods such that at least one Rate Tranche Period shall end on the date specified in clause (A) 19th day of the definition of Settlement Dateeach calendar month. (b) Seller or the applicable Financial InstitutionPurchaser, upon notice to and consent by the other received at least three (3) Business Days prior to the end of a Rate Tranche Period (a “Terminating Rate Tranche”) for any portion of the Asset Portfolio funded or maintained by such Financial InstitutionPurchaser, may, effective on the last day of the Terminating Rate Tranche: (i) divide any such Financial InstitutionPurchaser’s Capital into multiple portions by subdividing such Capital into smaller amounts of Capital, (ii) combine any such portion of such Financial InstitutionPurchaser’s Capital with one or more other portions of such Financial InstitutionPurchaser’s Capital that have a Terminating Rate Tranche ending on the same day as such Terminating Rate Tranche by combining the associated Capital of such Financial Institution Purchaser or (iii) combine any such Financial InstitutionPurchaser’s existing Capital with additional Capital being paid to Seller as Cash Purchase Price in respect of a new Purchase made on the day such Terminating Rate Tranche ends by combining the associated Capital in respect of such new Purchase with the 737579529 11089703 10 12794124v1 existing Capital of such Financial InstitutionPurchaser, provided, that in no event may the Capital of any Purchaser be combined with the Capital of any other Purchaser.

Selection and Continuation of Rate Tranche Periods. (a) With consultation from (and approval by) Agent, Agent and the applicable Financial Institution and, if applicable, the Purchaser Agent in such Financial Institution’s Purchaser GroupPurchaser, Seller shall from time to time, only for purposes of computing the Financial Institution Purchaser Yield with respect to such Financial InstitutionPurchaser, request Rate Tranche Periods to account for the portion of the Asset Portfolio funded or maintained by such Financial InstitutionPurchaser, provided that, if at any time any of the Financial Institutions Purchasers shall have any Capital outstanding, Seller shall always request Rate Tranche Periods such that at least one Rate Tranche Period shall end on the date specified in clause (A) 19th day of the definition of Settlement Date.each calendar month. 10 (b) Seller or the applicable Financial InstitutionPurchaser, upon notice to and consent by the other received at least three (3) Business Days prior to the end of a Rate Tranche Period (a “Terminating Rate Tranche”) for any portion of the Asset Portfolio funded or maintained by such Financial InstitutionPurchaser, may, effective on the last day of the Terminating Rate Tranche: (i) divide any such Financial InstitutionPurchaser’s Capital into multiple portions by subdividing such Capital into smaller amounts of Capital, (ii) combine any such portion of such Financial InstitutionPurchaser’s Capital with one or more other portions of such Financial InstitutionPurchaser’s Capital that have a Terminating Rate Tranche ending on the same day as such Terminating Rate Tranche by combining the associated Capital of such Financial Institution Purchaser or (iii) combine any such Financial InstitutionPurchaser’s existing Capital with additional Capital being paid to Seller as Cash Purchase Price in respect of a new Purchase made on the day such Terminating Rate Tranche ends by combining the associated Capital in respect of such new Purchase with the existing Capital of such Financial InstitutionPurchaser, provided, that in no event may the Capital of any Purchaser be combined with the Capital of any other Purchaser.

Selection and Continuation of Rate Tranche Periods. (a) With consultation from (and approval by) Agent, Agent and the applicable Financial Institution and, if applicable, the Purchaser Agent in such Financial Institution’s Purchaser GroupPurchaser, Seller shall from time to time, only for purposes of computing the Financial Institution Purchaser Yield with respect to such Financial InstitutionPurchaser, request Rate Tranche Periods to account for the portion of the Asset Portfolio funded or maintained by such Financial InstitutionPurchaser, provided that, if at any time any of the Financial Institutions Purchasers shall have any Capital outstanding, Seller shall always request Rate Tranche Periods such that at least one Rate Tranche Period shall end on the date specified in clause (A) 19th day of the definition of Settlement Dateeach calendar month. (b) Seller or the applicable Financial InstitutionPurchaser, upon notice to and consent by the other received at least three (3) Business Days prior to the end of a Rate Tranche Period (a “Terminating Rate Tranche”) for any portion of the Asset Portfolio funded or maintained by such Financial InstitutionPurchaser, may, effective on the last day of the Terminating Rate Tranche: (i) divide any such Financial InstitutionPurchaser’s Capital into multiple portions by subdividing such Capital into smaller amounts of Capital, (ii) combine any such portion of such Financial InstitutionPurchaser’s Capital with one or more other portions of such Financial InstitutionPurchaser’s Capital that have a Terminating Rate Tranche ending on the same day as such Terminating Rate Tranche by combining the associated Capital of such Financial Institution Purchaser or (iii) combine any such Financial InstitutionPurchaser’s existing Capital with additional Capital being paid to Seller as Cash Purchase Price in respect of a new Purchase made on the day such Terminating Rate Tranche ends by combining the associated Capital in respect of such new Purchase with the 742081002 11089703 10 existing Capital of such Financial InstitutionPurchaser, provided, that in no event may the Capital of any Purchaser be combined with the Capital of any other Purchaser.

Selection and Continuation of Rate Tranche Periods. (a) With consultation from (and approval by) Agent, the applicable Financial Institution and, if applicable, the Purchaser Agent in such Financial Institution’s Purchaser Group, Seller shall from time to time, only for purposes of computing 742515825 10446458 the Financial Institution Yield with respect to such Financial Institution, request Rate Tranche Periods to account for the portion of the Asset Portfolio funded or maintained by such Financial Institution, provided that, if at any time any of the Financial Institutions shall have any Capital outstanding, Seller shall always request Rate Tranche Periods such that at least one Rate Tranche Period shall end on the date specified in clause (A) of the definition of Settlement Date. (b) Seller or the applicable Financial Institution, upon notice to and consent by the other received at least three (3) Business Days prior to the end of a Rate Tranche Period (a “Terminating Rate Tranche”) for any portion of the Asset Portfolio funded or maintained by such Financial Institution, may, effective on the last day of the Terminating Rate Tranche: (i) divide any such Financial Institution’s Capital into multiple portions by subdividing such Capital into smaller amounts of Capital, (ii) combine any such portion of such Financial Institution’s Capital with one or more other portions of such Financial Institution’s Capital that have a Terminating Rate Tranche ending on the same day as such Terminating Rate Tranche by combining the associated Capital of such Financial Institution or (iii) combine any such Financial Institution’s existing Capital with additional Capital being paid to Seller as Cash Purchase Price in respect of a new Purchase made on the day such Terminating Rate Tranche ends by combining the associated Capital in respect of such new Purchase with the existing Capital of such Financial Institution, provided, that in no event may the Capital of any Purchaser be combined with the Capital of any other Purchaser.

Selection and Continuation of Rate Tranche Periods. (a) With consultation from (and approval by) Agent, the applicable Financial Institution and, if applicable, the Purchaser Agent in such Financial Institution’s Purchaser Group, Seller shall from time to time, only for purposes of computing the Financial Institution Yield with respect to such Financial Institution, request Rate Tranche Periods to account for the portion of the Asset Portfolio funded or maintained by such Financial Institution, provided that, if at any time any of the Financial Institutions shall have any Capital outstanding, Seller shall always request Rate Tranche Periods such that at least one Rate Tranche Period shall end on the date specified in clause (A) of the definition of Settlement Date. (b) Seller or the applicable Financial Institution, upon notice to and consent by the other received at least three (3) Business Days prior to the end of a Rate Tranche Period (a “Terminating Rate Tranche”“) for any portion of the Asset Portfolio funded or maintained by such Financial Institution, may, effective on the last day of the Terminating Rate Tranche: (i) divide any such Financial Institution’s Capital into multiple portions by subdividing such Capital into smaller amounts of Capital, (ii) combine any such portion of such Financial Institution’s Capital with one or more other portions of such Financial Institution’s Capital that have a Terminating Rate Tranche ending on the same day as such Terminating Rate Tranche by combining the associated Capital of such Financial Institution or (iii) combine any such Financial Institution’s existing Capital with additional Capital being paid to Seller as Cash Purchase Price in respect of a new Purchase made on the day such Terminating Rate Tranche ends by combining the associated Capital in respect of such new Purchase with the existing Capital of such Financial Institution, provided, that in no event may the Capital of any Purchaser be combined with the Capital of any other Purchaser.