February 1, 2008Confirmation of Back-to-Back Swap • February 7th, 2008 • Capital Auto Receivables Asset Trust 2008-1 • Asset-backed securities
Contract Type FiledFebruary 7th, 2008 Company IndustryThe purpose of this letter agreement is to confirm the terms and conditions of the Swap Transaction (the “Back-to-Back Swap”) entered into between Goldman Sachs Capital Markets, L.P. (the “Counterparty”) and GMAC LLC (“GMAC”) on the Trade Date listed below (the “Transaction”). This letter constitutes a “Confirmation” as referred to in the Back-to-Back ISDA Agreement specified below.