ALLY MASTER OWNER TRUST SERIES 2014-2 $900,000,000 Class A Floating Rate Asset Backed Notes, Series 2014-2 ALLY WHOLESALE ENTERPRISES LLC (DEPOSITOR) ALLY BANK (SPONSOR) UNDERWRITING AGREEMENT March 11, 2014Underwriting Agreement • March 13th, 2014 • Ally Wholesale Enterprises LLC • Asset-backed securities • New York
Ally Wholesale Enterprises LLC, a Delaware limited liability company (the “Depositor”), proposes to sell to the several underwriters named in Schedule 1 hereto (the “Underwriters”), for whom you (the “Representatives”) are acting as representatives, $900,000,000 aggregate principal balance of Class A Floating Rate Asset Backed Notes, Series 2014-2 (the “Class A Notes,” or the “Offered Notes”) of the Ally Master Owner Trust (the “Trust”). The Trust will also issue to the Depositor, (a) $66,443,000 aggregate principal balance of Class B Fixed Rate Asset Backed Notes, Series 2014-2 (the “Class B Notes”), (b) $48,322,000 aggregate principal balance of Class C Fixed Rate Asset Backed Notes, Series 2014-2 (the “Class C Notes”), (c) $36,242,000 aggregate principal balance of Class D Fixed Rate Asset Backed Notes, Series 2014-2 (the “Class D Notes”), and (d) $157,046,691 aggregate principal balance of Class E Asset Backed Equity Notes, Series 2014-2 (the “Class E Notes” and, together with the
