PERFORMANCE GUARANTY (Series 2007-1)Performance Guaranty • February 29th, 2008 • Wyndham Worldwide Corp • Hotels & motels • New York
Contract Type FiledFebruary 29th, 2008 Company Industry JurisdictionPERFORMANCE GUARANTY (this “Guaranty”) dated as of May 23, 2007 is made by Wyndham Worldwide Corporation, a Delaware corporation (“Wyndham Worldwide”) in favor of Sierra Timeshare 2007-1 Receivables Funding, LLC, a Delaware limited liability company (the “Issuer”), Sierra Deposit Company, LLC, a Delaware limited liability company (the “Depositor”), and U.S. Bank National Association, as trustee, (the “Trustee”) and as collateral agent (the “Collateral Agent”) under the Indenture and Servicing Agreement referenced below for the benefit of holders of Notes issued pursuant to such Indenture and Servicing Agreement and the Insurer referred to in such Indenture and Servicing Agreement.
PERFORMANCE GUARANTY (Series 2007-2)Performance Guaranty • February 29th, 2008 • Wyndham Worldwide Corp • Hotels & motels • New York
Contract Type FiledFebruary 29th, 2008 Company Industry JurisdictionPERFORMANCE GUARANTY (this “Guaranty”) dated as of November 1, 2007 is made by Wyndham Worldwide Corporation, a Delaware corporation (“Wyndham Worldwide”) in favor of Sierra Timeshare 2007-2 Receivables Funding, LLC, a Delaware limited liability company (the “Issuer”), Sierra Deposit Company, LLC, a Delaware limited liability company (the “Depositor”), and U.S. Bank National Association, as trustee, (the “Trustee”) and as collateral agent (the “Collateral Agent”) under the Indenture and Servicing Agreement referenced below for the benefit of holders of Notes issued pursuant to such Indenture and Servicing Agreement and the Insurer referred to in such Indenture and Servicing Agreement.