Underwriting Agreement Dryrock Issuance Trust $300,000,000 Class A Series 2012-2 Fixed Rate Asset Backed Notes November 9, 2012Underwriting Agreement • November 16th, 2012 • Dryrock Issuance Trust • Asset-backed securities • New York
The undersigned, Dryrock Funding LLC (the “Transferor”), proposes to cause Dryrock Issuance Trust (the “Issuer” or the “Trust”) to issue $300,000,000 (stated principal amount) Class A Series 2012-2 Fixed Rate Asset Backed Notes (the “Class A Notes”) and $65,854,000 (stated principal amount) Class B Series 2012-2 Fixed Rate Asset Backed Notes (the “Class B Notes” and, together with the Class A Notes, the “Notes”). The Class A Notes are referred to herein as the “Underwritten Notes.” The Class B Notes are referred to herein as the “Retained Notes” and will be retained by the Transferor (referred to herein as the “Retained Note Transaction”). Barclays Capital Inc., as a representative of the Underwriters (as defined below), may be referred to herein as a “Representative.” The Issuer is a Delaware statutory trust created pursuant to (a) a Trust Agreement, dated as of June 8, 2012, as amended and restated on August 1, 2012 (as further amended, restated or otherwise modified from time to tim
DRYROCK ISSUANCE TRUST as Issuer and U.S. BANK NATIONAL ASSOCIATION as Indenture Trustee and as Securities Intermediary SERIES 2012-2 INDENTURE SUPPLEMENT dated as of November 16, 2012 to INDENTURE dated as of August 1, 2012Indenture Supplement • November 16th, 2012 • Dryrock Issuance Trust • Asset-backed securities • New York
SERIES 2012-2 INDENTURE SUPPLEMENT, dated as of November 16, 2012 (this “Indenture Supplement”), by and between DRYROCK ISSUANCE TRUST, a statutory trust organized under the laws of the State of Delaware (the “Issuer”), having its principal office at Rodney Square North, 1100 North Market St., Wilmington, DE 19890, and U.S. BANK NATIONAL ASSOCIATION, a national banking association, in its capacity as Indenture Trustee (the “Indenture Trustee”) and as the initial Securities Intermediary.
