Series 2023-2 Class A-1 Notes. On the terms and conditions set forth in this Agreement, the Indenture and the Series 2023-2 Supplement, and in reliance on the representations, warranties, covenants and agreements set forth herein and therein, the Issuer shall issue and shall request the Indenture Trustee to authenticate (or register in the case of Uncertificated Notes), pursuant to Section 2.01(a) of the Base Indenture and the Series 2023-2 Supplement, the Series 2023-2 Class A-1 Advance Notes , which the Issuer shall deliver (in the case of Definitive Notes) to each Funding Agent on behalf of the Investors in the related Investor Group on the Series 2023-2 Closing Date. Such Series 2023-2 Class A-1 Advance Note for each Investor Group shall be dated the Series 2023-2 Closing Date, shall be registered in the name of the related Funding Agent or its nominee, as agent for the related Investors, or in such other name or nominee as such Funding Agent may request, shall have a maximum principal amount equal to the Maximumrelated Investor Group PrincipalMaximum Commitment Amount for such Investor Group, shall have an initial outstanding principal amount equal to such Investor Group’s Commitment Percentage of the Series 2023-2 Class A-1 Initial Advance Principal Amount, if any, and (other than any Uncertificated Note) shall be duly authenticated in accordance with the provisions of Section 2.01(a) of the Base Indenture. The issuance and sale of the Series 2023-2 Class A-1 Advance Notes to the Series 2023-2 Class A-1 Noteholders shall be subject to satisfaction of the conditions set forth in Section 7.01 in addition to the conditions to the issuance of a Series of Notes set forth in Section 2.07 of the Base Indenture. The Series 2023-2 Class A-1 Notes shall be Variable Funding Notes payable in accordance with the Indenture, the Series 2023-2 Supplement and this Agreement. This Agreement shall be a Variable Funding Note Purchase Agreement for all purposes under the Indenture and the Series 2023-2 Supplement.
