<SEC-DOCUMENT>0001193125-21-197313.txt : 20210623
<SEC-HEADER>0001193125-21-197313.hdr.sgml : 20210623
<ACCEPTANCE-DATETIME>20210623163106
ACCESSION NUMBER:		0001193125-21-197313
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		17
CONFORMED PERIOD OF REPORT:	20210618
ITEM INFORMATION:		Entry into a Material Definitive Agreement
ITEM INFORMATION:		Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20210623
DATE AS OF CHANGE:		20210623

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			AVIS BUDGET GROUP, INC.
		CENTRAL INDEX KEY:			0000723612
		STANDARD INDUSTRIAL CLASSIFICATION:	SERVICES-AUTO RENTAL & LEASING (NO DRIVERS) [7510]
		IRS NUMBER:				060918165
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-10308
		FILM NUMBER:		211039020

	BUSINESS ADDRESS:	
		STREET 1:		6 SYLVAN WAY
		CITY:			PARSIPPANY
		STATE:			NJ
		ZIP:			07054
		BUSINESS PHONE:		973-496-4700

	MAIL ADDRESS:	
		STREET 1:		6 SYLVAN WAY
		CITY:			PARSIPPANY
		STATE:			NJ
		ZIP:			07054

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	CENDANT CORP
		DATE OF NAME CHANGE:	19971218

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	CUC INTERNATIONAL INC /DE/
		DATE OF NAME CHANGE:	19920703

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	COMP U CARD INTERNATIONAL INC
		DATE OF NAME CHANGE:	19870914
</SEC-HEADER>
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<td style="width:5%;vertical-align:top"><ix:nonNumeric name="dei:WrittenCommunications" contextRef="duration_2021-06-18_to_2021-06-18" format="ixt-sec:boolballotbox">&#9744;</ix:nonNumeric></td>
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;text-align:left">Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)</p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="width:4%">&#160;</td>
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<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;text-align:left">Soliciting material pursuant to Rule <span style="white-space:nowrap">14a-12</span> under the Exchange Act (17 CFR <span style="white-space:nowrap">240.14a-12)</span></p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="width:4%">&#160;</td>
<td style="width:5%;vertical-align:top"><ix:nonNumeric name="dei:PreCommencementTenderOffer" contextRef="duration_2021-06-18_to_2021-06-18" format="ixt-sec:boolballotbox">&#9744;</ix:nonNumeric></td>
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;text-align:left"><span style="white-space:nowrap">Pre-commencement</span> communications pursuant to Rule <span style="white-space:nowrap">14d-2(b)</span> under the Exchange Act (17 CFR <span style="white-space:nowrap">240.14d-2(b))</span></p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="width:5%;vertical-align:top"><ix:nonNumeric name="dei:PreCommencementIssuerTenderOffer" contextRef="duration_2021-06-18_to_2021-06-18" format="ixt-sec:boolballotbox">&#9744;</ix:nonNumeric></td>
<td style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;text-align:left"><span style="white-space:nowrap">Pre-commencement</span> communications pursuant to Rule <span style="white-space:nowrap">13e-4(c)</span> under the Exchange Act (17 CFR <span style="white-space:nowrap">240.13e-4(c))</span></p></td></tr></table> <p style="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Securities registered pursuant to Section&#160;12(b) of the Act:</p> <p style="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style=" text-align: center;margin:auto; border-bottom:1.00pt solid #000000;vertical-align:bottom;white-space:nowrap"> <p style="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:Times New Roman;font-weight:bold;text-align:center">Title Of Each Class</p></td>
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<td style=" text-align: center;margin:auto; border-bottom:1.00pt solid #000000;vertical-align:bottom"> <p style="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:Times New Roman;font-weight:bold;text-align:center">Trading</p> <p style="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:Times New Roman;font-weight:bold;text-align:center">Symbol(s)</p></td>
<td style="vertical-align:bottom">&#160;</td>
<td style=" text-align: center;margin:auto; border-bottom:1.00pt solid #000000;vertical-align:bottom"> <p style="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:Times New Roman;font-weight:bold;text-align:center">Name Of Each Exchange</p> <p style="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:Times New Roman;font-weight:bold;text-align:center">On Which Registered</p></td></tr>
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<td style="vertical-align:bottom">&#160;</td>
<td style=" text-align: center;margin:auto; vertical-align:top"><span style="font-weight:bold"><ix:nonNumeric name="dei:TradingSymbol" contextRef="duration_2021-06-18_to_2021-06-18">CAR</ix:nonNumeric></span></td>
<td style="vertical-align:bottom">&#160;</td>
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<td style="width:11%;vertical-align:top" align="left"><span style="font-weight:bold">Item&#160;1.01</span></td>
<td align="left" style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold;text-align:left">Entry into Material Definitive Agreements. </p></td></tr></table> <p style="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">On June&#160;18, 2021, our Avis Budget Rental Car Funding (AESOP) LLC subsidiary (&#8220;ABRCF&#8221;) issued $304&#160;million of asset-backed securities comprised of: </p> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="width:4%">&#160;</td>
<td style="width:5%;vertical-align:top" align="left">1)</td>
<td align="left" style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;text-align:left">$96&#160;million aggregate principal amount of Series <span style="white-space:nowrap">2018-2</span> 3.04% Class&#160;D notes, with a legal final maturity of March 2025, which were issued under the Amended and Restated Series <span style="white-space:nowrap">2018-2</span> Supplement, dated as of June&#160;18, 2021, between Avis Budget Rental Car Funding (AESOP) LLC and The Bank of New York Mellon Trust Company, N.A., as trustee and Series <span style="white-space:nowrap">2018-2</span> Agent, to the Second Amended and Restated Base Indenture, dated as of June&#160;3, 2004, as amended (the &#8220;Base Indenture&#8221;); </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="width:4%">&#160;</td>
<td style="width:5%;vertical-align:top" align="left">2)</td>
<td align="left" style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;text-align:left">$105&#160;million aggregate principal amount of Series <span style="white-space:nowrap">2019-2</span> 3.04% Class&#160;D notes, with a legal final maturity of September 2025, which were issued under the Amended and Restated Series <span style="white-space:nowrap">2019-2</span> Supplement, dated as of June&#160;18, 2021, between Avis Budget Rental Car Funding (AESOP) LLC and The Bank of New York Mellon Trust Company, N.A., as trustee and Series <span style="white-space:nowrap">2019-2</span> Agent, to the Base Indenture; and </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="width:4%">&#160;</td>
<td style="width:5%;vertical-align:top" align="left">3)</td>
<td align="left" style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;text-align:left">$103&#160;million aggregate principal amount of Series <span style="white-space:nowrap">2020-1</span> 3.34% Class&#160;D notes, with a legal final maturity of August 2026, which were issued under the Amended and Restated Series <span style="white-space:nowrap">2020-1</span> Supplement, dated as of June&#160;18, 2021, between Avis Budget Rental Car Funding (AESOP) LLC and The Bank of New York Mellon Trust Company, N.A., as trustee and Series <span style="white-space:nowrap">2020-1</span> Agent, to the Base Indenture. </p></td></tr></table> <p style="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">On June&#160;18, 2021, ABRCF completed an amendment and renewal of its asset-backed variable-funding financing facilities, which provide a portion of the financing for our car rental fleet in the United States.&#160;This financing is comprised of two facilities, known as the Series <span style="white-space:nowrap">2010-6</span> Notes and the Series <span style="white-space:nowrap">2015-3</span> Notes, with a maximum available amount of $2.25&#160;billion and $500&#160;million, respectively. The Series <span style="white-space:nowrap">2010-6</span> Notes and the Series <span style="white-space:nowrap">2015-3</span> Notes are each a <span style="white-space:nowrap">two-year</span> facility with a maturity date of March&#160;31, 2023. The Series <span style="white-space:nowrap">2010-6</span> Notes are issued under the Fourth Amended and Restated Series <span style="white-space:nowrap">2010-6</span> Supplement, dated June&#160;18, 2021, among ABRCF, Avis Budget Car Rental, LLC, as Administrator, JPMorgan Chase Bank, N.A., as Administrative Agent, the <span style="white-space:nowrap">Non-Conduit</span> Purchasers, the CP Conduit Purchasers, the Committed Note Purchasers, the APA Banks and the Funding Agents named therein, and The Bank of New York Mellon Trust Company, N.A., as Trustee and as Series <span style="white-space:nowrap">2010-6</span> Agent, to the Base Indenture. The Series <span style="white-space:nowrap">2015-3</span> Notes are issued under the Second Amended and Restated Series <span style="white-space:nowrap">2015-3</span> Supplement, dated June&#160;18, 2021, among ABRCF, Avis Budget Car Rental, LLC, as Administrator, JPMorgan Chase Bank, N.A., as Administrative Agent, the <span style="white-space:nowrap">Non-Conduit</span> Purchasers, the CP Conduit Purchasers, the Committed Note Purchasers, the APA Banks and the Funding Agents named therein, and The Bank of New York Mellon Trust Company, N.A., as Trustee and as Series <span style="white-space:nowrap">2015-3</span> Agent, to the Base Indenture. </p> <p style="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">The notes are secured under the Base Indenture primarily by vehicles in our domestic fleet and other related assets. The foregoing summary of the notes is qualified in its entirety by reference to the full text of the Amended and Restated <span style="white-space:nowrap">Series&#160;2018-2&#160;Supplement,</span> a copy of which is attached hereto as Exhibit 10.1, the Amended and Restated Series <span style="white-space:nowrap">2019-2</span> Supplement, a copy of which is attached hereto as Exhibit 10.2, the Amended and Restated Series <span style="white-space:nowrap">2020-1</span> Supplement, a copy of which is attached hereto as Exhibit 10.3, the Fourth Amended and Restated Series <span style="white-space:nowrap">2010-6</span> Supplement, a copy of which is attached hereto as Exhibit 10.4, and the Second Amended and Restated Series 2015-3 Supplement, a copy of which is attached hereto as Exhibit 10.5, respectively, and, in each case, which is incorporated by reference herein. </p>
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 <p style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Certain purchasers of the notes, the trustee and their respective affiliates have performed, and may in the future perform, various commercial banking, investment banking and other financial advisory services for us and our subsidiaries for which they have received, and will receive, customary fees and expenses. </p> <p style="font-size:18pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="width:11%;vertical-align:top" align="left"><span style="font-weight:bold">Item&#160;2.03</span></td>
<td align="left" style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold;text-align:left">Creation of a Direct Financial Obligation or an Obligation under an <span style="white-space:nowrap">Off-Balance</span> Sheet Arrangement of a Registrant. </p></td></tr></table> <p style="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">The information described above under Item 1.01 of this report is incorporated into this Item 2.03 by reference. </p> <p style="font-size:18pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td style="width:11%;vertical-align:top" align="left"><span style="font-weight:bold">Item&#160;9.01</span></td>
<td align="left" style="vertical-align:top"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold;text-align:left">Financial Statements and Exhibits. </p></td></tr></table> <p style="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">The following exhibits are filed as part of this report: </p> <p style="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
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<td align="center" style="border-bottom:1.00pt solid #000000;vertical-align:bottom;white-space:nowrap"><span style="font-weight:bold">Exhibit<br />No.</span></td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:bottom;white-space:nowrap"> <p style=" margin-top:0pt ; margin-bottom:0pt; border-bottom:1.00pt solid #000000; display:table-cell; font-size:8pt; font-family:Times New Roman;font-weight:bold">Description</p></td></tr>


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<td style="vertical-align:top;white-space:nowrap">10.1</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:top"><a href="d168700dex101.htm">Amended and Restated Series <span style="white-space:nowrap">2018-2</span> Supplement, dated as of June&#160;18, 2021, between Avis Budget Rental Car Funding (AESOP) LLC and The Bank of New York Mellon Trust Company, N.A., as trustee and Series <span style="white-space:nowrap">2018-2</span> Agent. </a></td></tr>
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<td style="height:6pt" colspan="2"></td></tr>
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<td style="vertical-align:top;white-space:nowrap">10.2</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:top"><a href="d168700dex102.htm">Amended and Restated Series <span style="white-space:nowrap">2019-2</span> Supplement, dated as of June&#160;18, 2021, between Avis Budget Rental Car Funding (AESOP) LLC and The Bank of New York Mellon Trust Company, N.A., as trustee and Series <span style="white-space:nowrap">2019-2</span> Agent. </a></td></tr>
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<td style="height:6pt"></td>
<td style="height:6pt" colspan="2"></td></tr>
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<td style="vertical-align:top;white-space:nowrap">10.3</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:top"><a href="d168700dex103.htm">Amended and Restated Series <span style="white-space:nowrap">2020-1</span> Supplement, dated as of June&#160;18, 2021, between Avis Budget Rental Car Funding (AESOP) LLC and The Bank of New York Mellon Trust Company, N.A., as trustee and Series <span style="white-space:nowrap">2020-1</span> Agent. </a></td></tr>
<tr style="font-size:1pt">
<td style="height:6pt"></td>
<td style="height:6pt" colspan="2"></td></tr>
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<td style="vertical-align:top;white-space:nowrap">10.4</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:top"><a href="d168700dex104.htm">Fourth Amended and Restated Series <span style="white-space:nowrap">2010-6</span> Supplement, dated as of June&#160;18, 2021, by and among Avis Budget Rental Car Funding (AESOP) LLC, as Issuer, Avis Budget Car Rental, LLC, as Administrator, JPMorgan Chase Bank, N.A., as Administrative Agent, the <span style="white-space:nowrap">Non-Conduit</span> Purchasers, the CP Conduit Purchasers, the Committed Note Purchasers, the APA Banks and the Funding Agents named therein and The Bank of New York Mellon Trust Company, N.A., as Trustee and as Series <span style="white-space:nowrap">2010-6</span> Agent. </a></td></tr>
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<td style="height:6pt" colspan="2"></td></tr>
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<td style="vertical-align:top;white-space:nowrap">10.5</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:top"><a href="d168700dex105.htm">Second Amended and Restated Series <span style="white-space:nowrap">2015-3</span> Supplement, dated as of June&#160;18, 2021, by and among Avis Budget Rental Car Funding (AESOP) LLC, as Issuer, Avis Budget Car Rental, LLC, as Administrator, JPMorgan Chase Bank, N.A., as Administrative Agent, the <span style="white-space:nowrap">Non-Conduit</span> Purchasers, the CP Conduit Purchasers, the Committed Note Purchasers, the APA Banks and the Funding Agents named therein and The Bank of New York Mellon Trust Company, N.A., as Trustee and as Series <span style="white-space:nowrap">2015-3</span> Agent. </a></td></tr>
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<td style="vertical-align:top;white-space:nowrap">104</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:top">The cover page from this Current Report on Form <span style="white-space:nowrap">8-K</span> formatted in Inline XBRL (included as Exhibit 101).</td></tr>
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 <p style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold;text-align:center">SIGNATURE </p> <p style="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereto duly authorized. </p> <p style="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&#160;</p><div>
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<td style="vertical-align:top" colspan="3"><span style="font-weight:bold">AVIS BUDGET GROUP, INC.</span></td></tr>
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<td style="vertical-align:top">By:</td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:top"> <p style="margin-top:0pt; margin-bottom:1pt; border-bottom:1px solid #000000; font-size:10pt; font-family:Times New Roman">/s/ Jean Sera</p></td></tr>
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<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:top">Jean Sera</td></tr>
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<td style="vertical-align:top"></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:top">Senior Vice President, General Counsel, Chief Compliance Officer and Corporate Secretary</td></tr>
</table></div> <p style="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Date: June&#160;23, 2021 </p>
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<DOCUMENT>
<TYPE>EX-10.1
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<FILENAME>d168700dex101.htm
<DESCRIPTION>EX-10.1
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<TITLE>EX-10.1</TITLE>
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<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="right"><B>Exhibit 10.1 </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="right">EXECUTION VERSION </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">AVIS BUDGET
RENTAL CAR FUNDING (AESOP) LLC, </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">as Issuer </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">and </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">THE BANK OF NEW YORK MELLON
TRUST COMPANY, N.A., </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">as Trustee and Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Agent </P>
<P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><center> <P STYLE="line-height:6.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1.00pt solid #000000;width:21%">&nbsp;</P></center>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">AMENDED AND RESTATED SERIES <FONT STYLE="white-space:nowrap">2018-2</FONT> SUPPLEMENT </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">dated as of </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">June&nbsp;18, 2021
</P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">to </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">SECOND AMENDED AND
RESTATED BASE INDENTURE </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">dated as of June&nbsp;3, 2004 </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><center>
<P STYLE="line-height:6.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1.00pt solid #000000;width:21%">&nbsp;</P></center> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">Series <FONT
STYLE="white-space:nowrap">2018-2</FONT> 4.00% Rental Car Asset Backed Notes, Class&nbsp;A </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">Series
<FONT STYLE="white-space:nowrap">2018-2</FONT> 4.27% Rental Car Asset Backed Notes, Class&nbsp;B </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">Series
<FONT STYLE="white-space:nowrap">2018-2</FONT> 4.95% Rental Car Asset Backed Notes, Class&nbsp;C </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">Series
<FONT STYLE="white-space:nowrap">2018-2</FONT> 3.04% Rental Car Asset Backed Notes, Class&nbsp;D </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">Series
<FONT STYLE="white-space:nowrap">2018-2</FONT> 6.326% Rental Car Asset Backed Notes, Class&nbsp;R </P>
</DIV></Center>


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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">AMENDED AND RESTATED SERIES <FONT STYLE="white-space:nowrap">2018-2</FONT> SUPPLEMENT, dated
as of June&nbsp;18, 2021 (this &#147;<U>Supplement</U>&#148;), among AVIS BUDGET RENTAL CAR FUNDING (AESOP) LLC, a special purpose limited liability company established under the laws of Delaware (&#147;<U>ABRCF</U>&#148;), THE BANK OF NEW YORK
MELLON TRUST COMPANY, N.A. (formerly known as The Bank of New York), a limited purpose national banking association with trust powers, as trustee (in such capacity, and together with its successors in trust thereunder as provided in the Base
Indenture referred to below, the &#147;<U>Trustee</U>&#148;), and THE BANK OF NEW YORK MELLON TRUST COMPANY, N.A. (formerly known as The Bank of New York), as agent (in such capacity, the &#147;<U>Series
<FONT STYLE="white-space:nowrap">2018-2</FONT> Agent</U>&#148;) for the benefit of the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Noteholders, to the Second Amended and Restated Base Indenture, dated as of June&nbsp;3, 2004, between ABRCF
and the Trustee (as amended, modified or supplemented from time to time, exclusive of Supplements creating a new Series of Notes, the &#147;<U>Base Indenture</U>&#148;). </P>
<P STYLE="margin-top:24pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>PRELIMINARY STATEMENT </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">WHEREAS, Sections 2.2 and 12.1 of the Base Indenture provide, among other things, that ABRCF and the Trustee may at any time and from time to
time enter into a supplement to the Base Indenture for the purpose of authorizing the issuance of one or more Series of Notes; </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">WHEREAS,
ABRCF and the Trustee entered into the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Supplement, dated October&nbsp;25, 2018 (the &#147;<U>Prior Supplement</U>&#148;); </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">WHEREAS, on October&nbsp;25, 2018, ABRCF issued its Series <FONT STYLE="white-space:nowrap">2018-2</FONT> 4.00% Rental Car Asset Backed Notes,
Class&nbsp;A, its Series <FONT STYLE="white-space:nowrap">2018-2</FONT> 4.27% Rental Car Asset Backed Notes, Class&nbsp;B, its Series <FONT STYLE="white-space:nowrap">2018-2</FONT> 4.95% Rental Car Asset Backed Notes, Class&nbsp;C, and its Series <FONT
STYLE="white-space:nowrap">2018-2</FONT> 6.326% Rental Car Asset Backed Notes, Class&nbsp;R under the Prior Supplement; </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">WHEREAS,
Section&nbsp;5.15 of the Prior Supplement permits ABRCF to issue Class&nbsp;D Notes and Additional Class&nbsp;R Notes and to make certain amendments to the Prior Supplement in connection with such issuance, subject, in each case, to certain
conditions set forth therein; </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">WHEREAS, ABRCF desires to issue Class&nbsp;D Notes and additional Class&nbsp;R Notes (the
&#147;<U>Additional Class</U><U></U><U>&nbsp;R Notes</U>&#148;) on the Class&nbsp;D Notes Closing Date; and </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">WHEREAS, in connection with
the issuance of the Class&nbsp;D Notes and Additional Class&nbsp;R Notes and in accordance with Section&nbsp;5.15 of the Prior Supplement, the Prior Supplement is amended and restated on the Class&nbsp;D Notes Closing Date in its entirety as set
forth herein; </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">NOW, THEREFORE, the parties hereto agree as follows: </P>
<P STYLE="margin-top:24pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>DESIGNATION </B></P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">There was
created a Series of Notes issued pursuant to the Base Indenture and the Prior Supplement, and such Series of Notes was designated generally as the &#147;Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Rental Car Asset Backed Notes&#148;. The
Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Notes were permitted to be issued in up to five Classes, the first of which is known as the &#147;Class&nbsp;A Notes&#148;, the second of which is known as the &#147;Class&nbsp;B Notes&#148;, the
third of which is known as the &#147;Class&nbsp;C Notes&#148;, the fourth of which is known as the &#147;Class&nbsp;R Notes&#148; and the fifth of which shall be known as the &#147;Class&nbsp;D Notes&#148;. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">1 </P>

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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">On the Class&nbsp;A/B/C Notes Closing Date, ABRCF issued (i)&nbsp;one tranche of
Class&nbsp;A Notes designated as the &#147;Series <FONT STYLE="white-space:nowrap">2018-2</FONT> 4.00% Rental Car Asset Backed Notes, Class&nbsp;A&#148;, (ii) one tranche of Class&nbsp;B Notes designated as the &#147;Series <FONT
STYLE="white-space:nowrap">2018-2</FONT> 4.27% Rental Car Asset Backed Notes, Class&nbsp;B&#148;, (iii) one tranche of Class&nbsp;C Notes designated as the &#147;Series <FONT STYLE="white-space:nowrap">2018-2</FONT> 4.95% Rental Car Asset Backed
Notes, Class&nbsp;C&#148; and (iv)&nbsp;one tranche of Class&nbsp;R Notes designated the &#147;Series <FONT STYLE="white-space:nowrap">2018-2</FONT> 6.326% Rental Car Asset Backed Notes, Class&nbsp;R&#148;. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">On the Class&nbsp;D Notes Closing Date, ABRCF shall issue (i)&nbsp;one tranche of Class&nbsp;D Notes designated as the &#147;Series <FONT
STYLE="white-space:nowrap">2018-2</FONT> Rental Car Asset Backed Notes, Class&nbsp;D&#148; and (ii)&nbsp;Additional Class&nbsp;R Notes. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">The Class&nbsp;A Notes, Class&nbsp;B Notes, Class&nbsp;C Notes, Class&nbsp;D Notes and Class&nbsp;R Notes collectively, constitute the Series <FONT
STYLE="white-space:nowrap">2018-2</FONT> Notes. The Class&nbsp;B Notes shall be subordinated in right of payment to the Class&nbsp;A Notes, to the extent set forth herein. The Class&nbsp;C Notes shall be subordinated in right of payment to the
Class&nbsp;A Notes and Class&nbsp;B Notes, to the extent set forth herein. The Class&nbsp;D Notes shall be subordinated in right of payment to the Class&nbsp;A Notes, Class&nbsp;B Notes and Class&nbsp;C Notes, to the extent set forth herein. The
Class&nbsp;R Notes shall be subordinated to the Class&nbsp;A Notes, the Class&nbsp;B Notes, the Class&nbsp;C Notes and the Class&nbsp;D Notes. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">The proceeds from the sale of the Class&nbsp;A Notes, Class&nbsp;B Notes, Class&nbsp;C Notes and Class&nbsp;R Notes were deposited in the
Collection Account and were deemed to be Principal Collections, and the proceeds from the sale of the Class&nbsp;D Notes and Additional Class&nbsp;R Notes shall be deposited in the Collection Account and shall be deemed to be Principal Collections.
</P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">The Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Notes are a <FONT STYLE="white-space:nowrap">non-Segregated</FONT> Series of
Notes (as more fully described in the Base Indenture). Accordingly, all references in this Supplement to &#147;all&#148; Series of Notes (and all references in this Supplement to terms defined in the Base Indenture that contain references to
&#147;all&#148; Series of Notes) shall refer to all Series of Notes other than Segregated Series of Notes. </P> <P STYLE="margin-top:24pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>ARTICLE I </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>DEFINITIONS </B></P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(a) All
capitalized terms not otherwise defined herein are defined in the Definitions List attached to the Base Indenture as Schedule I thereto. All Article, Section, Subsection or Exhibit references herein shall refer to Articles, Sections, Subsections or
Exhibits of this Supplement, except as otherwise provided herein. Unless otherwise stated herein, as the context otherwise requires or if such term is otherwise defined in the Base Indenture, each capitalized term used or defined herein shall relate
only to the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Notes and not to any other Series of Notes issued by ABRCF. In the event that a term used herein shall be defined both herein and in the Base Indenture, the definition of such term
herein shall govern. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(b) The following words and phrases shall have the following meanings with respect to the Series <FONT
STYLE="white-space:nowrap">2018-2</FONT> Notes and the definitions of such terms are applicable to the singular as well as the plural form of such terms and to the masculine as well as the feminine and neuter genders of such terms: </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>ABCR</U>&#148; means Avis Budget Car Rental, LLC. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">2 </P>

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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Additional Class</U><U></U><U>&nbsp;R Notes</U>&#148; is defined in the preamble
hereto. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Adjusted Net Book Value</U>&#148; means, as of any date of determination, with respect to each Adjusted Program Vehicle
as of such date, the product of 0.965 and the Net Book Value of such Adjusted Program Vehicle as of such date. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Applicable
Distribution Date</U>&#148; means each Distribution Date occurring after the later of (i)&nbsp;the Optional Repurchase Distribution Date and (ii)&nbsp;the first Distribution Date occurring during the Series
<FONT STYLE="white-space:nowrap">2018-2</FONT> Controlled Amortization Period. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Business Day</U>&#148; means any day other than
(a)&nbsp;a Saturday or a Sunday or (b)&nbsp;a day on which banking institutions in New York City or in the city in which the corporate trust office of the Trustee is located are authorized or obligated by law or executive order to close. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Certificate of Lease Deficit Demand</U>&#148; means a certificate substantially in the form of <U>Annex A</U> to the Series <FONT
STYLE="white-space:nowrap">2018-2</FONT> Letters of Credit. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Certificate of Termination Date Demand</U>&#148; means a certificate
substantially in the form of <U>Annex D</U> to the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Letters of Credit. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Certificate of Termination Demand</U>&#148; means a certificate substantially in the form of <U>Annex C</U> to the Series <FONT
STYLE="white-space:nowrap">2018-2</FONT> Letters of Credit. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Certificate of Unpaid Demand Note Demand</U>&#148; means a
certificate substantially in the form of <U>Annex B</U> to the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Letters of Credit. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U>&#148; means a class of the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Notes, which may be the Class&nbsp;A
Notes, the Class&nbsp;B Notes, the Class&nbsp;C Notes, the Class&nbsp;D Notes or the Class&nbsp;R Notes. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;A Carryover Controlled Amortization Amount</U>&#148; means, with respect to any Related Month during the
Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Controlled Amortization Period, the amount, if any, by which the portion of the Monthly Total Principal Allocation paid to the Class&nbsp;A Noteholders pursuant to Section&nbsp;2.5(f)(i) for the
previous Related Month was less than the Class&nbsp;A Controlled Distribution Amount for the previous Related Month; <U>provided</U>, <U>however</U>, that for the first Related Month in the Series <FONT STYLE="white-space:nowrap">2018-2</FONT>
Controlled Amortization Period, the Class&nbsp;A Carryover Controlled Amortization Amount shall be zero. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;A Controlled Amortization Amount</U>&#148; means, (i)&nbsp;with respect to any Related Month during the
Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Controlled Amortization Period other than the Related Month immediately preceding the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Expected Final Distribution Date, $75,166,666.67 and
(ii)&nbsp;with respect to the Related Month immediately preceding the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Expected Final Distribution Date, $75,166,666.65. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;A Controlled Distribution Amount</U>&#148; means, with respect to any Related Month during the Series <FONT
STYLE="white-space:nowrap">2018-2</FONT> Controlled Amortization Period, an amount equal to the sum of the Class&nbsp;A Controlled Amortization Amount and any Class&nbsp;A Carryover Controlled Amortization Amount for such Related Month. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">3 </P>

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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;A Initial Invested Amount</U>&#148; means the aggregate
initial principal amount of the Class&nbsp;A Notes, which is $451,000,000. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;A Invested Amount</U>&#148;
means, when used with respect to any date, an amount equal to (a)&nbsp;the Class&nbsp;A Initial Invested Amount <U>minus</U> (b)&nbsp;the amount of principal payments made to Class&nbsp;A Noteholders on or prior to such date. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;A Monthly Interest</U>&#148; means, with respect to (i)&nbsp;the initial Series <FONT
STYLE="white-space:nowrap">2018-2</FONT> Interest Period, an amount equal to $1,252,777.78 and (ii)&nbsp;any other Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Interest Period, an amount equal to the product of <FONT
STYLE="white-space:nowrap">(A)&nbsp;one-twelfth</FONT> of the Class&nbsp;A Note Rate and (B)&nbsp;the Class&nbsp;A Invested Amount on the first day of such Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Interest Period, after giving effect to
any principal payments made on such date. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;A Note</U>&#148; means any one of the Series <FONT
STYLE="white-space:nowrap">2018-2</FONT> 4.00% Rental Car Asset Backed Notes, Class&nbsp;A, executed by ABRCF and authenticated by or on behalf of the Trustee, substantially in the form of <U>Exhibit
A</U><U><FONT STYLE="white-space:nowrap">-1</FONT></U>, <U>Exhibit <FONT STYLE="white-space:nowrap">A-2</FONT></U> or <U>Exhibit <FONT STYLE="white-space:nowrap">A-3</FONT></U>. Definitive Class&nbsp;A Notes shall have such insertions and deletions
as are necessary to give effect to the provisions of Section&nbsp;2.18 of the Base Indenture. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;A Note
Rate</U>&#148; means 4.00% per annum. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;A Noteholder</U>&#148; means the Person in whose name a
Class&nbsp;A Note is registered in the Note Register. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;A Shortfall</U>&#148; has the meaning set forth
in Section&nbsp;2.3(g)(i). </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;A/B/C Available Cash Collateral Account Amount</U>&#148; means, as of any
date of determination, the amount on deposit in the Class&nbsp;A/B/C Cash Collateral Account (after giving effect to any deposits thereto and withdrawals and releases therefrom on such date). </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;A/B/C Available Reserve Account Amount</U>&#148; means, as of any date of determination, the amount on
deposit in the Class&nbsp;A/B/C Reserve Account (after giving effect to any deposits thereto and withdrawals and releases therefrom on such date). </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;A/B/C Cash Collateral Account</U>&#148; is defined in Section&nbsp;2.8(h). </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;A/B/C Cash Collateral Account Collateral</U>&#148; is defined in Section&nbsp;2.8(a). </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;A/B/C Cash Collateral Account Surplus</U>&#148; means, with respect to any Distribution Date, the lesser of
(a)&nbsp;the Class&nbsp;A/B/C Available Cash Collateral Account Amount and (b)&nbsp;the least of (A)&nbsp;the excess, if any, of the Class&nbsp;A/B/C Liquidity Amount (after giving effect to any withdrawal from the Class&nbsp;A/B/C Reserve Account
on such Distribution Date) over the Class&nbsp;A/B/C Required Liquidity Amount on such Distribution Date, (B)&nbsp;the excess, if any, of the Class&nbsp;A/B/C Enhancement Amount (after giving effect to any withdrawal from the Class&nbsp;A/B/C
Reserve Account on such Distribution Date) over the Class&nbsp;A/B/C Required Enhancement Amount </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">4 </P>

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on such Distribution Date and (C)&nbsp;the excess, if any, of the Class&nbsp;D Enhancement Amount (after giving effect to any withdrawal from the Series
<FONT STYLE="white-space:nowrap">2018-2</FONT> Reserve Accounts on such Distribution Date) over the Class&nbsp;D Required Enhancement Amount on such Distribution Date; <U>provided</U>, <U>however</U>, that, on any date after the Series <FONT
STYLE="white-space:nowrap">2018-2</FONT> Letter of Credit Termination Date, the Class&nbsp;A/B/C Cash Collateral Account Surplus shall mean the excess, if any, of (x)&nbsp;the Class&nbsp;A/B/C Available Cash Collateral Account Amount over
(y)&nbsp;the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Demand Note Payment Amount <U>minus</U><I> </I>the <FONT STYLE="white-space:nowrap">Pre-Preference</FONT> Period Demand Note Payments as of such date. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;A/B/C Cash Collateral Percentage</U>&#148; means, as of any date of determination, the percentage equivalent
of a fraction, the numerator of which is the Class&nbsp;A/B/C Available Cash Collateral Account Amount as of such date and the denominator of which is the Class&nbsp;A/B/C Letter of Credit Liquidity Amount as of such date. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;A/B/C Enhancement Amount</U>&#148; means, as of any date of determination, the sum of (a)&nbsp;the
Class&nbsp;A/B/C Overcollateralization Amount as of such date, plus (b)&nbsp;the Class&nbsp;A/B/C Letter of Credit Amount as of such date, plus (c)&nbsp;the Class&nbsp;A/B/C Available Reserve Account Amount as of such date, plus (d)&nbsp;the amount
of cash and Permitted Investments on deposit in the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Collection Account (not including amounts allocable to the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Accrued Interest Account) and
the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Excess Collection Account as of such date. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;A/B/C Enhancement Deficiency</U>&#148; means, on any date of determination, the amount by which the
Class&nbsp;A/B/C Enhancement Amount is less than the Class&nbsp;A/B/C Required Enhancement Amount as of such date. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;A/B/C Invested Amount</U>&#148; means, as of any date of determination, the sum of the Class&nbsp;A Invested
Amount as of such date, the Class&nbsp;B Invested Amount as of such date and the Class&nbsp;C Invested Amount as of such date. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;A/B/C Letter of Credit</U>&#148; means an irrevocable letter of credit, if any, substantially in the form of
<U>Exhibit G</U> issued by a Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Eligible Letter of Credit Provider in favor of the Trustee for the benefit of the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Noteholders. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;A/B/C Letter of Credit Amount</U>&#148; means, as of any date of determination, the lesser of (a)&nbsp;the
sum of (i)&nbsp;the aggregate amount available to be drawn on such date under each Class&nbsp;A/B/C Letter of Credit (other than any Class&nbsp;A/B/C Letter of Credit on which a draw has been made pursuant to Section&nbsp;2.8(e)), as specified
therein, and (ii)&nbsp;if the Class&nbsp;A/B/C Cash Collateral Account has been established and funded pursuant to Section&nbsp;2.8, the Class&nbsp;A/B/C Available Cash Collateral Account Amount on such date and (b)&nbsp;the aggregate outstanding
principal amount of the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Demand Notes on such date. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;A/B/C Letter of Credit Expiration Date</U>&#148; means, with respect to any Class&nbsp;A/B/C Letter of
Credit, the expiration date set forth in such Class&nbsp;A/B/C Letter of Credit, as such date may be extended in accordance with the terms of such Class&nbsp;A/B/C Letter of Credit. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;A/B/C Letter of Credit Liquidity Amount</U>&#148; means, as of any date of determination, the sum of
(a)&nbsp;the aggregate amount available to be drawn on such date under each Class&nbsp;A/B/C Letter of Credit (other than any Class&nbsp;A/B/C Letter of Credit on which a draw has </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">5 </P>

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been made pursuant to Section&nbsp;2.8(e)), as specified therein, and (b)&nbsp;if the Class&nbsp;A/B/C Cash Collateral Account has been established and funded pursuant to Section&nbsp;2.8, the
Class&nbsp;A/B/C Available Cash Collateral Account Amount on such date. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;A/B/C Liquidity
Amount</U>&#148; means, as of any date of determination, the sum of (a)&nbsp;the Class&nbsp;A/B/C Letter of Credit Liquidity Amount on such date and (b)&nbsp;the Class&nbsp;A/B/C Available Reserve Account Amount on such date. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;A/B/C Notes Closing Date</U>&#148; means October&nbsp;25, 2018. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;A/B/C Overcollateralization Amount</U>&#148; means, the excess, if any of (x)&nbsp;the Series <FONT
STYLE="white-space:nowrap">2018-2</FONT> AESOP I Operating Lease Loan Agreement Borrowing Base as of such date over (y)&nbsp;the sum of the Class&nbsp;A Invested Amount, the Class&nbsp;B Invested Amount and the Class&nbsp;C Invested Amount, in each
case, as of such date. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;A/B/C Percentage</U>&#148; means, (i)&nbsp;as of any date of determination on
which the Class&nbsp;A Notes, Class&nbsp;B Notes or Class&nbsp;D Notes remain outstanding, the lesser of (x) 100% and (y)&nbsp;the percentage equivalent of a fraction, the numerator of which is the sum of the Class&nbsp;A/B/C Invested Amount and the
Class&nbsp;A/B/C Required Overcollateralization Amount and the denominator of which is the sum of the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Invested Amount and the Class&nbsp;D Required Overcollateralization Amount and (ii)&nbsp;as
of any other date of determination, 0%. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;A/B/C Principal Deficit Amount</U>&#148; means, as of any date
of determination, the excess, if any, of (i)&nbsp;the Class&nbsp;A/B/C Invested Amount on such date (after giving effect to the distribution of the Monthly Total Principal Allocation for the Related Month if such date is a Distribution Date) over
(ii)&nbsp;the product of the Class&nbsp;A/B/C Percentage and the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> AESOP I Operating Lease Loan Agreement Borrowing Base on such date; <U>provided</U>, <U>however</U>, that the Class&nbsp;A/B/C
Principal Deficit Amount on any date occurring during the period commencing on and including the date of the filing by any of the Lessees of a petition for relief under Chapter 11 of the Bankruptcy Code to but excluding the date on which each of the
Lessees shall have resumed making all payments of the portion of Monthly Base Rent relating to interest payable on the Notes, will mean the excess, if any, of (x)&nbsp;the Class&nbsp;A/B/C Invested Amount on such date (after giving effect to the
distribution of Monthly Total Principal Allocation for the Related Month if such date is a Distribution Date) over (y)&nbsp;the sum of (1)&nbsp;the product of the Class&nbsp;A/B/C Percentage and the Series
<FONT STYLE="white-space:nowrap">2018-2</FONT> AESOP I Operating Lease Loan Agreement Borrowing Base on such date and (2)&nbsp;the lesser of (a)&nbsp;the Class&nbsp;A/B/C Liquidity Amount on such date and (b)&nbsp;the Class&nbsp;A/B/C Required
Liquidity Amount on such date. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;A/B/C Pro Rata Share</U>&#148; means, with respect to any Series <FONT
STYLE="white-space:nowrap">2018-2</FONT> Letter of Credit Provider as of any date, the fraction (expressed as a percentage) obtained by dividing (A)&nbsp;the available amount under such Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Letter of
Credit Provider&#146;s Class&nbsp;A/B/C Letter of Credit as of such date by (B)&nbsp;an amount equal to the aggregate available amount under all Class&nbsp;A/B/C Letters of Credit as of such date; <U>provided</U>, <U>however</U>, that only for
purposes of calculating the Class&nbsp;A/B/C Pro Rata Share with respect to any Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Letter of Credit Provider as of any date, if such Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Letter of
Credit Provider has not complied with its obligation to pay the Trustee the amount of any draw under its Class&nbsp;A/B/C Letter of Credit made prior to such date, the available amount under such Series <FONT STYLE="white-space:nowrap">2018-2</FONT>
Letter of Credit Provider&#146;s Class&nbsp;A/B/C Letter </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">6 </P>

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of Credit as of such date shall be treated as reduced (for calculation purposes only) by the amount of such unpaid demand and shall not be reinstated for purposes of such calculation unless and
until the date as of which such Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Letter of Credit Provider has paid such amount to the Trustee and been reimbursed by the Lessee or the applicable Demand Note Issuer, as the case may be, for such
amount (<U>provided</U>, <U>however</U>, that the foregoing calculation shall not in any manner reduce the undersigned&#146;s actual liability in respect of any failure to pay any demand under its Series
<FONT STYLE="white-space:nowrap">2018-2</FONT> Letter of Credit). </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;A/B/C Required Enhancement
Amount</U>&#148; means, as of any date of determination, the sum of (i)&nbsp;the greater of (A)&nbsp;the applicable Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Moody&#146;s Required Enhancement Amount as of such date and (B)&nbsp;the
Series <FONT STYLE="white-space:nowrap">2018-2</FONT> DBRS Required Enhancement Amount as of such date, (ii)&nbsp;the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> AESOP I Operating Lease Vehicle Percentage as of the immediately preceding
Business Day of the excess, if any, of the <FONT STYLE="white-space:nowrap">Non-Program</FONT> Vehicle Amount as of such date over the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Maximum <FONT STYLE="white-space:nowrap">Non-Program</FONT>
Vehicle Amount as of such date, (iii)&nbsp;the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> AESOP I Operating Lease Vehicle Percentage as of the immediately preceding Business Day of the excess, if any, of the aggregate Net Book Value of
all Vehicles manufactured by Mitsubishi and leased under the Leases as of such date over the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Maximum Mitsubishi Amount as of such date, (iv)&nbsp;the Series
<FONT STYLE="white-space:nowrap">2018-2</FONT> AESOP I Operating Lease Vehicle Percentage as of the immediately preceding Business Day of the excess, if any, of the aggregate Net Book Value of all Vehicles manufactured by Isuzu or Subaru,
individually, and leased under the Leases as of such date over the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Maximum Individual Isuzu/Subaru Amount as of such date, (v)&nbsp;the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> AESOP
I Operating Lease Vehicle Percentage as of the immediately preceding Business Day of the excess, if any, of the aggregate Net Book Value of all Vehicles manufactured by Hyundai and leased under the Leases as of such date over the Series <FONT
STYLE="white-space:nowrap">2018-2</FONT> Maximum Hyundai Amount as of such date, (vi)&nbsp;the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> AESOP I Operating Lease Vehicle Percentage as of the immediately preceding Business Day of the
excess, if any, of the aggregate Net Book Value of all Vehicles manufactured by Kia and leased under the Leases as of such date over the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Maximum Kia Amount as of such date, (vii)&nbsp;the Series <FONT
STYLE="white-space:nowrap">2018-2</FONT> AESOP I Operating Lease Vehicle Percentage as of the immediately preceding Business Day of the excess, if any, of the aggregate Net Book Value of all Vehicles manufactured by Suzuki and leased under the
Leases as of such date over the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Maximum Suzuki Amount as of such date, (viii)&nbsp;the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> AESOP I Operating Lease Vehicle Percentage as of the
immediately preceding Business Day of the excess, if any, of the Specified States Amount as of such date over the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Maximum Specified States Amount as of such date, (ix)&nbsp;the Series <FONT
STYLE="white-space:nowrap">2018-2</FONT> AESOP I Operating Lease Vehicle Percentage as of the immediately preceding Business Day of the excess, if any, of the <FONT STYLE="white-space:nowrap">Non-Eligible</FONT> Manufacturer Amount as of such date
over the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Maximum <FONT STYLE="white-space:nowrap">Non-Eligible</FONT> Manufacturer Amount as of such date and (x)&nbsp;the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> AESOP I Operating
Lease Vehicle Percentage as of the immediately preceding Business Day of the excess, if any, of the Net Book Value of all Vehicles leased under the Leases as of such date that were used vehicles at the time of acquisition over the Series <FONT
STYLE="white-space:nowrap">2018-2</FONT> Maximum Used Vehicle Amount as of such date. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;A/B/C Required
Liquidity Amount</U>&#148; means, as of any date of determination, an amount equal to the product of 2.75% and the Class&nbsp;A/B/C Senior Invested Amount as of such date. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">7 </P>

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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;A/B/C Required Overcollateralization Amount</U>&#148;
means, as of any date of determination, the excess, if any, of the Class&nbsp;A/B/C Required Enhancement Amount over the sum of (i)&nbsp;the Class&nbsp;A/B/C Letter of Credit Amount as of such date, (ii)&nbsp;the Class&nbsp;A/B/C Available Reserve
Account Amount on such date and (iii)&nbsp;the amount of cash and Permitted Investments on deposit in the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Collection Account (not including amounts allocable to the Series <FONT
STYLE="white-space:nowrap">2018-2</FONT> Accrued Interest Account) and the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Excess Collection Account on such date. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;A/B/C Required Reserve Account Amount</U>&#148; means, for any date of determination, an amount equal to the
greatest of (a)&nbsp;the excess, if any, of the Class&nbsp;A/B/C Required Liquidity Amount as of such date over the Class&nbsp;A/B/C Letter of Credit Liquidity Amount as of such date, (b)&nbsp;the excess, if any, of the Class&nbsp;A/B/C Required
Enhancement Amount as of such date over the Class&nbsp;A/B/C Enhancement Amount (excluding therefrom the Class&nbsp;A/B/C Available Reserve Account Amount and calculated after giving effect to any payments of principal to be made on the Series <FONT
STYLE="white-space:nowrap">2018-2</FONT> Notes) as of such date and (c)&nbsp;the excess, if any, of the Class&nbsp;D Required Enhancement Amount over the Class&nbsp;D Enhancement Amount (excluding therefrom the Class&nbsp;A/B/C Available Reserve
Account Amount and calculated after giving effect to any payments of principal to be made on the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Notes) as of such date. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;A/B/C Reserve Account</U>&#148; is defined in Section&nbsp;2.7(a). </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;A/B/C Reserve Account Collateral</U>&#148; is defined in Section&nbsp;2.7(d). </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;A/B/C Reserve Account Surplus</U>&#148; means, with respect to any Distribution Date, the excess, if any, of
the Class&nbsp;A/B/C Available Reserve Account Amount over the Class&nbsp;A/B/C Required Reserve Account Amount on such Distribution Date. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;B Carryover Controlled Amortization Amount</U>&#148; means, with respect to any Related Month during the
Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Controlled Amortization Period, the amount, if any, by which the portion of the Monthly Total Principal Allocation paid to the Class&nbsp;B Noteholders pursuant to Section&nbsp;2.5(f)(ii) for the
previous Related Month was less than the Class&nbsp;B Controlled Distribution Amount for the previous Related Month; <U>provided</U>, <U>however</U>, that for the first Related Month in the Series <FONT STYLE="white-space:nowrap">2018-2</FONT>
Controlled Amortization Period, the Class&nbsp;B Carryover Controlled Amortization Amount shall be zero. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;B Controlled </U><U>Amortization Amount</U>&#148; means, with respect to any Related Month during the Series
<FONT STYLE="white-space:nowrap">2018-2</FONT> Controlled Amortization Period, $8,937,500.00. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;B
Controlled Distribution Amount</U>&#148; means, with respect to any Related Month during the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Controlled Amortization Period, an amount equal to the sum of the Class&nbsp;B Controlled Amortization
Amount and any Class&nbsp;B Carryover Controlled Amortization Amount for such Related Month. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;B Initial
Invested Amount</U>&#148; means the aggregate initial principal amount of the Class&nbsp;B Notes, which is $53,625,000. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;B Invested Amount</U>&#148; means, when used with respect to any date, an amount equal to (a)&nbsp;the
Class&nbsp;B Initial Invested Amount <U>minus</U> (b)&nbsp;the amount of principal payments made to Class&nbsp;B Noteholders on or prior to such date. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">8 </P>

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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;B Monthly Interest</U>&#148; means, with respect to
(i)&nbsp;the initial Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Interest Period, an amount equal to $159,013.02 and (ii)&nbsp;any other Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Interest Period, an amount equal to the product
of <FONT STYLE="white-space:nowrap">(A)&nbsp;one-twelfth</FONT> of the Class&nbsp;B Note Rate and (B)&nbsp;the Class&nbsp;B Invested Amount on the first day of such Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Interest Period, after giving
effect to any principal payments made on such date. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;B Note</U>&#148; means any one of the Series <FONT
STYLE="white-space:nowrap">2018-2</FONT> 4.27% Rental Car Asset Backed Notes, Class&nbsp;B, executed by ABRCF and authenticated by or on behalf of the Trustee, substantially in the form of <U>Exhibit
B</U><U><FONT STYLE="white-space:nowrap">-1</FONT></U>, <U>Exhibit B</U><U><FONT STYLE="white-space:nowrap">-2</FONT></U> or <U>Exhibit B</U><U><FONT STYLE="white-space:nowrap">-3</FONT></U>. Definitive Class&nbsp;B Notes shall have such insertions
and deletions as are necessary to give effect to the provisions of Section&nbsp;2.18 of the Base Indenture. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;B Note Rate</U>&#148; means 4.27% per annum. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;B Noteholder</U>&#148; means the Person in whose name a Class&nbsp;B Note is registered in the Note
Register. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;B Shortfall</U>&#148; has the meaning set forth in Section&nbsp;2.3(g)(ii). </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;C Carryover Controlled Amortization Amount</U>&#148; means, with respect to any Related Month during the
Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Controlled Amortization Period, the amount, if any, by which the portion of the Monthly Total Principal Allocation paid to the Class&nbsp;C Noteholders pursuant to Section&nbsp;2.5(f)(iii) for
the previous Related Month was less than the Class&nbsp;C Controlled Distribution Amount for the previous Related Month; <U>provided</U>, <U>however</U>, that for the first Related Month in the Series <FONT STYLE="white-space:nowrap">2018-2</FONT>
Controlled Amortization Period, the Class&nbsp;C Carryover Controlled Amortization Amount shall be zero. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;C Controlled Amortization Amount</U>&#148; means, with respect to any Related Month during the Series <FONT
STYLE="white-space:nowrap">2018-2</FONT> Controlled Amortization Period, $7,562,500.00. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;C Controlled
Distribution Amount</U>&#148; means, with respect to any Related Month during the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Controlled Amortization Period, an amount equal to the sum of the Class&nbsp;C Controlled Amortization Amount and
any Class&nbsp;C Carryover Controlled Amortization Amount for such Related Month. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;C Initial Invested
Amount</U>&#148; means the aggregate initial principal amount of the Class&nbsp;C Notes, which is $45,375,000. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;C Invested Amount</U>&#148; means, when used with respect to any date, an amount equal to (a)&nbsp;the
Class&nbsp;C Initial Invested Amount <U>minus</U> (b)&nbsp;the amount of principal payments made to Class&nbsp;C Noteholders on or prior to such date. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;C Monthly Interest</U>&#148; means, with respect to (i)&nbsp;the initial Series <FONT
STYLE="white-space:nowrap">2018-2</FONT> Interest Period, an amount equal to $155,976.56 and (ii)&nbsp;any other Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Interest Period, an amount equal to the product of
<FONT STYLE="white-space:nowrap">(A)&nbsp;one-twelfth</FONT> of the Class&nbsp;C Note Rate and (B)&nbsp;the Class&nbsp;C Invested Amount on the first day of such Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Interest Period, after giving
effect to any principal payments made on such date. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">9 </P>

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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;C Note</U>&#148; means any one of the Series <FONT
STYLE="white-space:nowrap">2018-2</FONT> 4.95% Rental Car Asset Backed Notes, Class&nbsp;C, executed by ABRCF and authenticated by or on behalf of the Trustee, substantially in the form of <U>Exhibit
C</U><U><FONT STYLE="white-space:nowrap">-1</FONT></U>, <U>Exhibit C</U><U><FONT STYLE="white-space:nowrap">-2</FONT></U> or <U>Exhibit C</U><U><FONT STYLE="white-space:nowrap">-3</FONT></U>. Definitive Class&nbsp;C Notes shall have such insertions
and deletions as are necessary to give effect to the provisions of Section&nbsp;2.18 of the Base Indenture. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;C Note Rate</U>&#148; means 4.95% per annum. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;C Noteholder</U>&#148; means the Person in whose name a Class&nbsp;C Note is registered in the Note
Register. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;C Shortfall</U>&#148; has the meaning set forth in Section&nbsp;2.3(g)(iii). </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;D Available Cash Collateral Account Amount</U>&#148; means, as of any date of determination, the amount on
deposit in the Class&nbsp;D Cash Collateral Account (after giving effect to any deposits thereto and withdrawals and releases therefrom on such date). </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;D Available Reserve Account Amount</U>&#148; means, as of any date of determination, the amount on deposit
in the Class&nbsp;D Reserve Account (after giving effect to any deposits thereto and withdrawals and releases therefrom on such date). </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;D Carryover Controlled Amortization Amount</U>&#148; means, with respect to any Related Month during the
Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Controlled Amortization Period, the amount, if any, by which the portion of the Monthly Total Principal Allocation paid to the Class&nbsp;D Noteholders pursuant to Section&nbsp;2.5(f)(iv) for the
previous Related Month was less than the Class&nbsp;D Controlled Distribution Amount for the previous Related Month; <U>provided</U>, <U>however</U>, that for the first Related Month in the Series <FONT STYLE="white-space:nowrap">2018-2</FONT>
Controlled Amortization Period, the Class&nbsp;D Carryover Controlled Amortization Amount shall be zero. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;D Cash Collateral</U>&#148; is defined in Section&nbsp;2.8(d). </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;D Cash Collateral Account</U>&#148; is defined in Section&nbsp;2.8(j). </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;D Cash Collateral Account Surplus</U>&#148; means, with respect to any Distribution Date, the lesser of
(a)&nbsp;the Class&nbsp;D Available Cash Collateral Account Amount and (b)&nbsp;the lesser of (A)&nbsp;the excess, if any, of the Class&nbsp;D Liquidity Amount (after giving effect to any withdrawal from the Class&nbsp;D Reserve Account on such
Distribution Date) over the Class&nbsp;D Required Liquidity Amount on such Distribution Date and (B)&nbsp;the excess, if any, of the Class&nbsp;D Enhancement Amount (after giving effect to any withdrawal from the Class&nbsp;A/B/C Reserve Account and
the Class&nbsp;D Reserve Account and any draws on the Class&nbsp;A/B/C Letters of Credit (or withdrawals from the Class&nbsp;A/B/C Cash Collateral Account) on such Distribution Date) over the Class&nbsp;D Required Enhancement Amount on such
Distribution Date; <U>provided</U>, <U>however</U> that, on any date after the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Letter of Credit Termination Date, the Class&nbsp;D Cash Collateral Account Surplus shall mean the excess, if any,
of (x)&nbsp;the Class&nbsp;D Available Cash Collateral Account Amount over (y)&nbsp;the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Demand Note Payment Amount <U>minus</U><I> </I>the <FONT STYLE="white-space:nowrap">Pre-Preference</FONT>
Period Demand Note Payments as of such date <U>minus</U> the Class&nbsp;A/B/C Cash Collateral Account Amount. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">10 </P>

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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;D Cash Collateral Percentage</U>&#148; means, as of any
date of determination, the percentage equivalent of a fraction, the numerator of which is the Class&nbsp;D Available Cash Collateral Amount as of such date and the denominator of which is the Class&nbsp;D Letter of Credit Liquidity Amount as of such
date. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;D Controlled Amortization Amount</U>&#148; means, with respect to any Related Month during the
Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Controlled Amortization Period, $16,000,000. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;D
Controlled Distribution Amount</U>&#148; means, with respect to any Related Month during the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Controlled Amortization Period, an amount equal to the sum of the Class&nbsp;D Controlled Amortization
Amount and any Class&nbsp;D Carryover Controlled Amortization Amount for such Related Month. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;D
Enhancement Amount</U>&#148; means, as of any date of determination, an amount equal to (a)&nbsp;the Class&nbsp;D Overcollateralization Amount as of such date, plus (b)&nbsp;the Class&nbsp;D Letter of Credit Amount as of such date, plus (c)&nbsp;the
Class&nbsp;D Available Reserve Account Amount as of such date, plus (d)&nbsp;the Class&nbsp;A/B/C Letter of Credit Amount as of such date, plus (e)&nbsp;the Class&nbsp;A/B/C Available Reserve Account Amount as of such date, plus (f)&nbsp;the amount
of cash and Permitted Investments on deposit in the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Collection Account (not including amounts allocable to the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Accrued Interest Account) and
the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Excess Collection Account as of such date. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;D
Enhancement Deficiency</U>&#148; means, on any date of determination, the amount by which the Class&nbsp;D Enhancement Amount is less than the Class&nbsp;D Required Enhancement Amount as of such date. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;D Initial Invested Amount</U>&#148; means the aggregate initial principal amount of the Class&nbsp;D Notes,
which is $96,000,000. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;D Invested Amount</U>&#148; means, when used with respect to any date, an amount
equal to (a)&nbsp;the Class&nbsp;D Initial Invested Amount <U>minus</U> (b)&nbsp;the amount of principal payments made to Class&nbsp;D Noteholders on or prior to such date. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;D Letter of Credit</U>&#148; means an irrevocable letter of credit, if any, substantially in the form of
<U>Exhibit G</U> issued by a Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Eligible Letter of Credit Provider in favor of the Trustee for the benefit of the Class&nbsp;D Noteholders. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;D Letter of Credit Amount</U>&#148; means, as of any date of determination, the lesser of (a)&nbsp;the sum
of (i)&nbsp;the aggregate amount available to be drawn on such date under each Class&nbsp;D Letter of Credit (other than any Class&nbsp;D Letter of Credit on which any draw has been made pursuant to Section&nbsp;2.8(e)), as specified therein, and
(ii)&nbsp;if the Class&nbsp;D Cash Collateral Account has been established and funded pursuant to Section&nbsp;2.8, the Class&nbsp;D Available Cash Collateral Account Amount on such date and (b)&nbsp;the aggregate outstanding principal amount of the
Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Demand Notes on such date. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">11 </P>

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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;D Letter of Credit Expiration Date</U>&#148; means, with
respect to any Class&nbsp;D Letter of Credit, the expiration date set forth in such Class&nbsp;D Letter of Credit, as such date may be extended in accordance with the terms of such Class&nbsp;D Letter of Credit. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;D Letter of Credit Liquidity Amount</U>&#148; means, as of any date of determination, the sum of
(a)&nbsp;the aggregate amount available to be drawn on such date under each Class&nbsp;D Letter of Credit (other than any Class&nbsp;D Letter of Credit on which any draw has been made pursuant to Section&nbsp;2.8(e)), as specified therein, and
(b)&nbsp;if the Class&nbsp;D Cash Collateral Account has been established and funded pursuant to Section&nbsp;2.8, the Class&nbsp;D Available Cash Collateral Account Amount on such date. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;D Liquidity Amount</U>&#148; means, as of any date of determination, the sum of (a)&nbsp;the Class&nbsp;D
Letter of Credit Liquidity Amount on such date and (b)&nbsp;the Class&nbsp;D Available Reserve Account Amount on such date. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;D Monthly Interest</U>&#148; means, with respect to (i)&nbsp;the initial Series <FONT
STYLE="white-space:nowrap">2018-2</FONT> Interest Period for the Class&nbsp;D Notes, an amount equal to $243,200 and (ii)&nbsp;any other Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Interest Period, an amount equal to the product of <FONT
STYLE="white-space:nowrap">(A)&nbsp;one-twelfth</FONT> of the Class&nbsp;D Note Rate and (B)&nbsp;the Class&nbsp;D Invested Amount on the first day of such Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Interest Period, after giving effect to
any principal payments made on such date. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;D Note</U>&#148; means any one of the Series <FONT
STYLE="white-space:nowrap">2018-2</FONT> 3.04% Rental Car Asset Backed Notes, Class&nbsp;D, executed by ABRCF and authenticated by or on behalf of the Trustee, substantially in the form of <U>Exhibit
D</U><U><FONT STYLE="white-space:nowrap">-1</FONT></U>, <U>Exhibit D</U><U><FONT STYLE="white-space:nowrap">-2</FONT></U> or <U>Exhibit D</U><U><FONT STYLE="white-space:nowrap">-3</FONT></U>. Definitive Class&nbsp;D Notes shall have such insertions
and deletions as are necessary to give effect to the provisions of Section&nbsp;2.18 of the Base Indenture. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;D Note Rate</U>&#148; means 3.04% per annum. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;D Noteholder</U>&#148; means the Person in whose name a Class&nbsp;D Note is registered in the Note
Register. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;D Notes Closing Date</U>&#148; means June&nbsp;18, 2021. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;D Overcollateralization Amount</U>&#148; means, the excess, if any of (x)&nbsp;the Series <FONT
STYLE="white-space:nowrap">2018-2</FONT> AESOP I Operating Lease Loan Agreement Borrowing Base as of such date over (y)&nbsp;the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Invested Amount as of such date. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;D Percentage</U>&#148; means, as of any date of determination, a percentage equal to the excess, if any, of
(x) 100% over (y)&nbsp;the Class&nbsp;A/B/C Percentage as of such date. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;D Principal Deficit
Amount</U>&#148; means, as of any date of determination, the excess, if any, of (i)&nbsp;the Class&nbsp;D Invested Amount on such date (after giving effect to the distribution of the Monthly Total Principal Allocation for the Related Month if such
date is a Distribution Date) over (ii)&nbsp;the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> AESOP I Operating Lease Loan Agreement Borrowing Base on such date; <U>provided</U>, <U>however</U>, that the Class&nbsp;D Principal Deficit Amount
on any date occurring during the period commencing on and including the date of the filing by any of the Lessees of a petition for relief under Chapter 11 of the Bankruptcy Code to but excluding the </P>

 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">12 </P>

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date on which each of the Lessees shall have resumed making all payments of the portion of Monthly Base Rent relating to Loan Interest required to be made under the AESOP I Operating Lease, shall
mean the excess, if any, of (x)&nbsp;the Class&nbsp;D Invested Amount on such date (after giving effect to the distribution of Monthly Total Principal Allocation for the Related Month if such date is a Distribution Date) over (y)&nbsp;the sum of
(1)&nbsp;the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> AESOP I Operating Lease Loan Agreement Borrowing Base on such date and (2)&nbsp;the lesser of (a)&nbsp;the Class&nbsp;D Liquidity Amount on such date and (b)&nbsp;the Class&nbsp;D
Required Liquidity Amount on such date. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;D Pro Rata Share</U>&#148; means, with respect to any Series <FONT
STYLE="white-space:nowrap">2018-2</FONT> Letter of Credit Provider as of any date, the fraction (expressed as a percentage) obtained by dividing (A)&nbsp;the available amount under such Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Letter of
Credit Provider&#146;s Class&nbsp;D Letter of Credit as of such date by (B)&nbsp;an amount equal to the aggregate available amount under all Class&nbsp;D Letters of Credit as of such date; <U>provided</U>, <U>however</U>, that only for purposes of
calculating the Class&nbsp;D Pro Rata Share with respect to any Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Letter of Credit Provider as of any date, if such Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Letter of Credit Provider
has not complied with its obligation to pay the Trustee the amount of any draw under its Class&nbsp;D Letter of Credit made prior to such date, the available amount under such Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Letter of Credit
Provider&#146;s Class&nbsp;D Letter of Credit as of such date shall be treated as reduced (for calculation purposes only) by the amount of such unpaid demand and shall not be reinstated for purposes of such calculation unless and until the date as
of which such Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Letter of Credit Provider has paid such amount to the Trustee and been reimbursed by the Lessee or the applicable Demand Note Issuer, as the case may be, for such amount
(<U>provided</U>, <U>however</U>, that the foregoing calculation shall not in any manner reduce the undersigned&#146;s actual liability in respect of any failure to pay any demand under its Series <FONT STYLE="white-space:nowrap">2018-2</FONT>
Letter of Credit). </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;D Required Enhancement Amount</U>&#148; means equal, as of any date of
determination, the sum of (i)&nbsp;the applicable Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Moody&#146;s Required Enhancement Amount as of such date, (ii)&nbsp;the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> AESOP I Operating
Lease Vehicle Percentage as of the immediately preceding Business Day of the excess, if any, of the aggregate Net Book Value of all Vehicles manufactured by Mitsubishi and leased under the Leases as of such date over the Series <FONT
STYLE="white-space:nowrap">2018-2</FONT> Maximum Mitsubishi Amount as of such date, (iii)&nbsp;the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> AESOP I Operating Lease Vehicle Percentage as of the immediately preceding Business Day of the
excess, if any, of the aggregate Net Book Value of all Vehicles manufactured by Isuzu or Subaru, individually, and leased under the Leases as of such date over the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Maximum Individual Isuzu/Subaru
Amount as of such date, (iv)&nbsp;the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> AESOP I Operating Lease Vehicle Percentage as of the immediately preceding Business Day of the excess, if any, of the aggregate Net Book Value of all
Vehicles manufactured by Hyundai and leased under the Leases as of such date over the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Maximum Hyundai Amount as of such date, (v)&nbsp;the Series <FONT STYLE="white-space:nowrap">2018-2</FONT>
AESOP I Operating Lease Vehicle Percentage as of the immediately preceding Business Day of the excess, if any, of the aggregate Net Book Value of all Vehicles manufactured by Kia and leased under the Leases as of such date over the Series <FONT
STYLE="white-space:nowrap">2018-2</FONT> Maximum Kia Amount as of such date, (vi)&nbsp;the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> AESOP I Operating Lease Vehicle Percentage as of the immediately preceding Business Day of the excess,
if any, of the aggregate Net Book Value of all Vehicles manufactured by Suzuki and leased under the Leases as of such date over the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Maximum Suzuki Amount as of such date, (vii)&nbsp;the Series <FONT
STYLE="white-space:nowrap">2018-2</FONT> AESOP I Operating Lease Vehicle Percentage as of the immediately preceding Business Day of the excess, if any, of the Specified States Amount as of such date over the Series
<FONT STYLE="white-space:nowrap">2018-2</FONT> Maximum Specified States Amount as of such date, (viii)&nbsp;the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> AESOP I Operating Lease Vehicle Percentage as
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of the immediately preceding Business Day of the excess, if any, of the <FONT STYLE="white-space:nowrap">Non-Eligible</FONT> Manufacturer Amount as of such date over the Series <FONT
STYLE="white-space:nowrap">2018-2</FONT> Maximum <FONT STYLE="white-space:nowrap">Non-Eligible</FONT> Manufacturer Amount as of such date and (ix)&nbsp;the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> AESOP I Operating Lease Vehicle
Percentage as of the immediately preceding Business Day of the excess, if any, of the Net Book Value of all Vehicles leased under the Leases as of such date that were used vehicles at the time of acquisition over the Series <FONT
STYLE="white-space:nowrap">2018-2</FONT> Maximum Used Vehicle Amount as of such date. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;D Required
Liquidity Amount</U>&#148; means an amount equal to the product of 2.50% and the Class&nbsp;D Invested Amount as of such date. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;D Required Overcollateralization Amount</U>&#148; means, as of any date of determination, the excess, if
any, of the Class&nbsp;D Required Enhancement Amount over the sum of (i)&nbsp;the Class&nbsp;A/B/C Letter of Credit Amount as of such date, (ii)&nbsp;the Class&nbsp;D Letter of Credit Amount as of such date, (iii)&nbsp;the Class&nbsp;A/B/C Available
Reserve Account Amount on such date, (iv)&nbsp;the Class&nbsp;D Available Reserve Account Amount on such date and (v)&nbsp;the amount of cash and Permitted Investments on deposit in the Series <FONT STYLE="white-space:nowrap">2018-2</FONT>
Collection Account (not including amounts allocable to the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Accrued Interest Account) and the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Excess Collection Account on such date. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;D Required Reserve Account Amount</U>&#148; means, for any date of determination, an amount equal to the
greater of (a)&nbsp;the excess, if any, of the Class&nbsp;D Required Liquidity Amount as of such date over the Class&nbsp;D Letter of Credit Liquidity Amount as of such date and (b)&nbsp;the excess, if any, of the Class&nbsp;D Required Enhancement
Amount as of such date over the Class&nbsp;D Enhancement Amount (excluding therefrom the Class&nbsp;D Available Reserve Account Amount and calculated after giving effect to any payments of principal to be made on the Series <FONT
STYLE="white-space:nowrap">2018-2</FONT> Notes) as of such date. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;D Reserve Account</U>&#148; is defined
in Section&nbsp;2.7(g). </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;D Reserve Account Collateral</U>&#148; is defined in Section&nbsp;2.7(j). </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;D Reserve Account Surplus</U>&#148; means, with respect to any Distribution Date, the excess, if any, of the
Class&nbsp;D Available Reserve Account Amount over the Class&nbsp;D Required Reserve Account Amount on such Distribution Date. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;D Shortfall</U>&#148; has the meaning set forth in Section&nbsp;2.3(g)(iv). </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;R Controlled Amortization Amount</U>&#148; means, (i)&nbsp;with respect to any Related Month during the
Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Controlled Amortization Period other than the Related Month immediately preceding the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Expected Final Distribution Date, $0 and (ii)&nbsp;with
respect to the Related Month immediately preceding the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Expected Final Distribution Date, $35,500,000. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;R Initial Invested Amount</U>&#148; means the aggregate initial principal amount of the Class&nbsp;R Notes,
which is $35,500,000. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;R Invested Amount</U>&#148; means, when used with respect to any date, an amount
equal to (a)&nbsp;the Class&nbsp;R Initial Invested Amount plus (b)&nbsp;the aggregate principal amount of any Additional Class&nbsp;R Notes issued on or prior to such date <U>minus</U> (c)&nbsp;the amount of principal payments made to Class&nbsp;R
Noteholders on or prior to such date. </P>
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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;R Monthly Interest</U>&#148; means, with respect to
(i)&nbsp;the initial Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Interest Period, an amount equal to $132,889.93 and (ii)&nbsp;any other Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Interest Period, an amount equal to the product
of <FONT STYLE="white-space:nowrap">(A)&nbsp;one-twelfth</FONT> of the Class&nbsp;R Note Rate and (B)&nbsp;the Class&nbsp;R Invested Amount on the first day of such Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Interest Period, after giving
effect to any principal payments made on such date. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;R Note</U>&#148; means any one of the Series <FONT
STYLE="white-space:nowrap">2018-2</FONT> 6.326% Rental Car Asset Backed Notes, Class&nbsp;R, executed by ABRCF and authenticated by or on behalf of the Trustee, substantially in the form of <U>Exhibit
E</U><U><FONT STYLE="white-space:nowrap">-1</FONT></U>, <U>Exhibit E</U><U><FONT STYLE="white-space:nowrap">-2</FONT></U> or <U>Exhibit E</U><U><FONT STYLE="white-space:nowrap">-3</FONT></U>. Definitive Class&nbsp;R Notes shall have such insertions
and deletions as are necessary to give effect to the provisions of Section&nbsp;2.18 of the Base Indenture. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;R Note Rate</U>&#148; means 6.326% per annum </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;R Noteholder</U>&#148; means the Person in whose name a Class&nbsp;R Note is registered in the Note
Register. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;R Shortfall</U>&#148; has the meaning set forth in Section&nbsp;2.3(g)(v). </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U><FONT STYLE="white-space:nowrap">Clean-up</FONT> Repurchase</U>&#148; means any optional repurchase pursuant to Section&nbsp;5.1(a).
</P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U><FONT STYLE="white-space:nowrap">Clean-up</FONT> Repurchase Distribution Date</U>&#148; has the meaning set forth in
Section&nbsp;5.1(a). </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Confirmation Condition</U>&#148; means, with respect to any Bankrupt Manufacturer which is a debtor in
Chapter 11 Proceedings, a condition that shall be satisfied upon the bankruptcy court having competent jurisdiction over such Chapter 11 Proceedings issuing an order that remains in effect approving (i)&nbsp;the assumption of such Bankrupt
Manufacturer&#146;s Manufacturer Program (and the related Assignment Agreements) by such Bankrupt Manufacturer or the trustee in bankruptcy of such Bankrupt Manufacturer under Section&nbsp;365 of the Bankruptcy Code and at the time of such
assumption, the payment of all amounts due and payable by such Bankrupt Manufacturer under such Manufacturer Program and the curing of all other defaults by the Bankrupt Manufacturer thereunder or (ii)&nbsp;the execution, delivery and performance by
such Bankrupt Manufacturer of a new <FONT STYLE="white-space:nowrap">post-petition</FONT> Manufacturer Program (and the related Assignment Agreements) on the same terms and covering the same Vehicles as such Bankrupt Manufacturer&#146;s Manufacturer
Program (and the related Assignment Agreements) in effect on the date such Bankrupt Manufacturer became subject to such Chapter 11 Proceedings and, at the time of the execution and delivery of such new
<FONT STYLE="white-space:nowrap">post-petition</FONT> Manufacturer Program, the payment of all amounts due and payable by such Bankrupt Manufacturer under such Manufacturer Program and the curing of all other defaults by the Bankrupt Manufacturer
thereunder; <U>provided</U>, <U>however</U>, that notwithstanding the foregoing, the Confirmation Condition shall be deemed satisfied until the 90<SUP STYLE="font-size:85%; vertical-align:top">th</SUP> calendar day following the initial filing in
respect of such Chapter&nbsp;11 Proceedings. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>DBRS</U>&#148; means DBRS, Inc. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">15 </P>

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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>DBRS Equivalent Rating</U>&#148; means, with respect to any Person not rated by
DBRS, (i)&nbsp;if such Person is rated by all three of Moody&#146;s, Standard&nbsp;&amp; Poor&#146;s and Fitch (together, the &#147;<U>Equivalent Rating Agencies</U>&#148;), either (A)&nbsp;if at least two Equivalent Rating Agencies have provided
equivalent ratings with respect to such Person, the DBRS equivalent of such equivalent ratings (regardless of any rating from another Equivalent Rating Agency) or (B)&nbsp;otherwise, the median of the DBRS equivalents of the ratings for such Person
provided by each of the three Equivalent Rating Agencies, (ii)&nbsp;if such Person is rated by any two of the Equivalent Rating Agencies, the DBRS equivalent of the lower of the ratings for such Person provided by the relevant Equivalent Rating
Agencies or (iii)&nbsp;if such Person is rated by only one of the Equivalent Rating Agencies, the DBRS equivalent of the rating for such Person provided by such Equivalent Rating Agency. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>DBRS Excluded Manufacturer Amount</U>&#148; means, as of any date of determination, an amount equal to the excess, if any, of
(x)&nbsp;the sum of the following amounts with respect to each DBRS <FONT STYLE="white-space:nowrap">Non-Investment</FONT> Grade Manufacturer as of such date: the product of (i)&nbsp;to the extent such amounts are included in the calculation of
AESOP I Operating Lease Loan Agreement Borrowing Base as of such date, all amounts receivable as of such date by AESOP Leasing or the Intermediary from such DBRS <FONT STYLE="white-space:nowrap">Non-Investment</FONT> Grade Manufacturer and
(ii)&nbsp;the DBRS Excluded Manufacturer Receivable Specified Percentage for such DBRS <FONT STYLE="white-space:nowrap">Non-Investment</FONT> Grade Manufacturer as of such date over (y)&nbsp;the sum of the following amounts with respect to each DBRS
<FONT STYLE="white-space:nowrap">Non-Investment</FONT> Grade Manufacturer as of such date: the product of (i)&nbsp;the aggregate Net Book Value of any Vehicles subject to a Manufacturer Program from such Manufacturer that have had a Turnback Date
but for which (A)&nbsp;AESOP Leasing or its Permitted Nominee continues to be named as the owner of the Vehicle on the Certificate of Title for such Vehicle and (B)&nbsp;AESOP Leasing or its agent continues to hold the Certificate of Title for such
Vehicle and (ii)&nbsp;the DBRS Turnback Vehicle Specified Percentage for such DBRS <FONT STYLE="white-space:nowrap">Non-Investment</FONT> Grade Manufacturer as of such date. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>DBRS Excluded Manufacturer Receivable Specified Percentage</U>&#148; means, as of any date of determination, with respect to each
DBRS <FONT STYLE="white-space:nowrap">Non-Investment</FONT> Grade Manufacturer as of such date, the percentage (not to exceed 100%) most recently specified in writing by DBRS to ABRCF and the Trustee and consented to by the Requisite Series <FONT
STYLE="white-space:nowrap">2018-2</FONT> Noteholders with respect to such DBRS <FONT STYLE="white-space:nowrap">Non-Investment</FONT> Grade Manufacturer; <U>provided</U>, <U>however</U>, that as of the Class&nbsp;A/B/C Closing Date the DBRS Excluded
Manufacturer Receivable Specified Percentage for each DBRS <FONT STYLE="white-space:nowrap">Non-Investment</FONT> Grade Manufacturer shall be 100%; <U>provided</U>, <U>further</U>, that the initial DBRS Excluded Manufacturer Receivable Specified
Percentage with respect to any Manufacturer that becomes a DBRS <FONT STYLE="white-space:nowrap">Non-Investment</FONT> Grade Manufacturer after the Class&nbsp;A/B/C Closing Date shall be 100%. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>DBRS <FONT STYLE="white-space:nowrap">Non-Investment</FONT> Grade Manufacturer</U>&#148; means, as of any date of determination, any
Manufacturer that (i)&nbsp;is not a Bankrupt Manufacturer and (ii)&nbsp;does not have a long-term senior unsecured debt rating from DBRS (or, if such Manufacturer is not rated by DBRS, a DBRS Equivalent Rating) of at least &#147;BBB (low)&#148;;
<U>provided</U>, <U>however</U>, that any Manufacturer whose long-term senior unsecured debt rating from DBRS (or, if such Manufacturer is not rated by DBRS, its DBRS Equivalent Rating) is downgraded from at least &#147;BBB (low)&#148; to below
&#147;BBB (low)&#148; after the Class&nbsp;A/B/C Closing Date shall not be deemed a DBRS <FONT STYLE="white-space:nowrap">Non-Investment</FONT> Grade Manufacturer until the thirtieth (30<SUP STYLE="font-size:85%; vertical-align:top">th</SUP>)
calendar day following such downgrade. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">16 </P>

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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>DBRS Turnback Vehicle Specified Percentage</U>&#148; means, as of any date of
determination: (i)&nbsp;with respect to each Manufacturer that has a long-term senior unsecured debt rating from DBRS (or, if such Manufacturer is not rated by DBRS, a DBRS Equivalent Rating) on such date of determination of at least &#147;BB
(low)&#148; but less than &#147;BBB (low)&#148;, 65%; (ii) with respect to each Manufacturer that has a long-term senior unsecured debt rating from DBRS (or, if such Manufacturer is not rated by DBRS, a DBRS Equivalent Rating) on such date of
determination of at least &#147;B (low)&#148; but less than &#147;BB (low)&#148;, 25%; and (iii)&nbsp;with respect to each Manufacturer that has a long-term senior unsecured debt rating from DBRS (or, if such Manufacturer is not rated by DBRS, a
DBRS Equivalent Rating) on such date of determination of &#147;CCC&#148; or below (or is not rated by DBRS or any Equivalent Rating Agency on such date of determination), 0%; <U>provided</U>, <U>however</U>, that any Manufacturer whose long-term
senior unsecured debt rating from DBRS is downgraded after the Class&nbsp;A/B/C Closing Date (or, if such Manufacturer is not rated by DBRS, its DBRS Equivalent Rating is lowered as a result of such Manufacturer being downgraded by an Equivalent
Rating Agency after the Class&nbsp;A/B/C Closing Date) shall be deemed to retain its long-term senior unsecured debt rating from DBRS (or, if such Manufacturer is not rated by DBRS, its DBRS Equivalent Rating) in effect immediately prior to such
downgrade until the thirtieth (30<SUP STYLE="font-size:85%; vertical-align:top">th</SUP>) calendar day following such downgrade. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Demand Note Issuer</U>&#148; means each issuer of a Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Demand Note. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Disbursement</U>&#148; means any Lease Deficit Disbursement, any Unpaid Demand Note Disbursement, any Termination Date Disbursement
or any Termination Disbursement under a Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Letter of Credit, or any combination thereof, as the context may require. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Discounted Value</U>&#148; means, for each Remaining Distribution Amount, the amount obtained by discounting such Remaining
Distribution Amount from the applicable Distribution Date to the Optional Repurchase Distribution Date in accordance with accepted financial practice and at a discount factor equal to the Reinvestment Yield with respect to such Remaining
Distribution Amount. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Excluded Manufacturer Amount</U>&#148; means, as of any date of determination, the greater of the
Moody&#146;s Excluded Manufacturer Amount and the DBRS Excluded Manufacturer Amount as of such date. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Finance Guide</U>&#148;
means the Black Book Official Finance/Lease Guide. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Fitch</U>&#148; means Fitch Ratings, Inc. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Lease Deficit Disbursement</U>&#148; means an amount drawn under a Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Letter of
Credit pursuant to a Certificate of Lease Deficit Demand. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Make Whole Payment</U>&#148; means, with respect to any Series <FONT
STYLE="white-space:nowrap">2018-2</FONT> Note on any Optional Repurchase Distribution Date, the <I>pro rata </I>share with respect to such Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Note of the excess, if any, of (x)&nbsp;the sum of the
Discounted Values for each Remaining Distribution Amount with respect to each Applicable Distribution Date over (y)&nbsp;the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Invested Amount as of such Optional Repurchase Distribution Date
(determined after giving effect to any payments made pursuant to Section&nbsp;2.5(a) on such Distribution Date). </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">17 </P>

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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Market Value Average</U>&#148; means, as of any day, the percentage equivalent of a
fraction, the numerator of which is the average of the Selected Fleet Market Value as of the preceding Determination Date and the two Determination Dates precedent thereto and the denominator of which is the sum of (a)&nbsp;the average of the
aggregate Net Book Value of all <FONT STYLE="white-space:nowrap">Non-Program</FONT> Vehicles (excluding (i)&nbsp;any Unaccepted Program Vehicles, (ii)&nbsp;any Excluded Redesignated Vehicles and (iii)&nbsp;any other
<FONT STYLE="white-space:nowrap">Non-Program</FONT> Vehicles that are subject to a Manufacturer Program with an Eligible <FONT STYLE="white-space:nowrap">Non-Program</FONT> Manufacturer with respect to which no Manufacturer Event of Default has
occurred and is continuing) and (b)&nbsp;the average of the aggregate Adjusted Net Book Value of all Adjusted Program Vehicles, in the case of each of clause (a)&nbsp;and (b) leased under the AESOP I Operating Lease and the Finance Lease as of the
preceding Determination Date and the two Determination Dates precedent thereto. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Monthly Total Principal Allocation</U>&#148;
means for any Related Month the sum of all Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Principal Allocations with respect to such Related Month. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Moody&#146;s Excluded Manufacturer Amount</U>&#148; means, as of any date of determination, an amount equal to the excess, if any, of
(x)&nbsp;the sum of the following amounts with respect to each Moody&#146;s <FONT STYLE="white-space:nowrap">Non-Investment</FONT> Grade Manufacturer as of such date: the product of (i)&nbsp;to the extent such amounts are included in the calculation
of AESOP I Operating Lease Loan Agreement Borrowing Base as of such date, all amounts receivable as of such date by AESOP Leasing or the Intermediary from such Moody&#146;s <FONT STYLE="white-space:nowrap">Non-Investment</FONT> Grade Manufacturer
and (ii)&nbsp;the Moody&#146;s Excluded Manufacturer Receivable Specified Percentage for such Moody&#146;s <FONT STYLE="white-space:nowrap">Non-Investment</FONT> Grade Manufacturer as of such date over (y)&nbsp;the sum of the following amounts with
respect to each Moody&#146;s <FONT STYLE="white-space:nowrap">Non-Investment</FONT> Grade Manufacturer as of such date: the product of (i)&nbsp;the aggregate Net Book Value of any Vehicles subject to a Manufacturer Program from such Manufacturer
that have had a Turnback Date but for which (A)&nbsp;AESOP Leasing or its Permitted Nominee continues to be named as the owner of the Vehicle on the Certificate of Title for such Vehicle and (B)&nbsp;AESOP Leasing or its agent continues to hold the
Certificate of Title for such Vehicle and (ii)&nbsp;the Moody&#146;s Turnback Vehicle Specified Percentage for such Moody&#146;s <FONT STYLE="white-space:nowrap">Non-Investment</FONT> Grade Manufacturer as of such date. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Moody&#146;s Excluded Manufacturer Receivable Specified Percentage</U>&#148; means, as of any date of determination, with respect to
each Moody&#146;s <FONT STYLE="white-space:nowrap">Non-Investment</FONT> Grade Manufacturer as of such date, the percentage (not to exceed 100%) most recently specified in writing by Moody&#146;s to ABRCF and the Trustee and consented to by the
Requisite Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Noteholders with respect to such Moody&#146;s <FONT STYLE="white-space:nowrap">Non-Investment</FONT> Grade Manufacturer; <U>provided</U>, <U>however</U>, that as of the Class&nbsp;A/B/C
Closing Date the Moody&#146;s Excluded Manufacturer Receivable Specified Percentage for each Moody&#146;s <FONT STYLE="white-space:nowrap">Non-Investment</FONT> Grade Manufacturer shall be 100%; <U>provided</U>, <U>further</U>, that the initial
Moody&#146;s Excluded Manufacturer Receivable Specified Percentage with respect to any Manufacturer that becomes a Moody&#146;s <FONT STYLE="white-space:nowrap">Non-Investment</FONT> Grade Manufacturer after the Class&nbsp;A/B/C Closing Date shall
be 100%. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Moody&#146;s Non</U><U><FONT STYLE="white-space:nowrap">-Investment</FONT> Grade Manufacturer</U>&#148; means, as of
any date of determination, any Manufacturer that (i)&nbsp;is not a Bankrupt Manufacturer and (ii)&nbsp;does not have either (A)&nbsp;a long-term corporate family rating of at least &#147;Baa3&#148; from Moody&#146;s or (B)&nbsp;if such Manufacturer
does not have a long-term corporate family rating from Moody&#146;s as of such date, a long-term senior unsecured debt rating of at least &#147;Ba1&#148; from Moody&#146;s; <U>provided</U>, <U>however</U>, that
</P>
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 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">
any Manufacturer whose long-term corporate family rating is downgraded from at least &#147;Baa3&#148; to below &#147;Baa3&#148; by Moody&#146;s or whose long-term senior unsecured debt rating is
downgraded from at least &#147;Ba1&#148; to below &#147;Ba1&#148; by Moody&#146;s, as applicable, after the Class&nbsp;A/B/C Closing Date shall not be deemed a Moody&#146;s <FONT STYLE="white-space:nowrap">Non-Investment</FONT> Grade Manufacturer
until the thirtieth (30th) calendar day following such downgrade. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Moody&#146;s Turnback Vehicle Specified Percentage</U>&#148;
means, as of any date of determination: (i)&nbsp;with respect to each Moody&#146;s <FONT STYLE="white-space:nowrap">Non-Investment</FONT> Grade Manufacturer that has a long-term corporate family rating from Moody&#146;s on such date of determination
of at least &#147;Ba3&#148; (or, if such Moody&#146;s <FONT STYLE="white-space:nowrap">Non-Investment</FONT> Grade Manufacturer does not have a long-term corporate family rating from Moody&#146;s as of such date, a long-term senior unsecured debt
rating of at least &#147;B1&#148;), 65%; (ii) with respect to each Moody&#146;s <FONT STYLE="white-space:nowrap">Non-Investment</FONT> Grade Manufacturer that has a long-term corporate family rating from Moody&#146;s on such date of determination of
at least &#147;B3&#148; but less than &#147;Ba3&#148; (or, if such Moody&#146;s <FONT STYLE="white-space:nowrap">Non-Investment</FONT> Grade Manufacturer does not have a long-term corporate family rating from Moody&#146;s as of such date, a
long-term senior unsecured debt rating of at least &#147;Caa1&#148; but less than &#147;B1&#148;), 25%; and (iii)&nbsp;with respect to any other Moody&#146;s <FONT STYLE="white-space:nowrap">Non-Investment</FONT> Grade Manufacturer, 0%;
<U>provided</U>, <U>however</U>, that any Manufacturer whose long-term corporate family rating or long-term senior unsecured debt rating from Moody&#146;s is downgraded after the Class&nbsp;A/B/C Closing Date shall be deemed to retain its long-term
corporate family rating or long-term senior unsecured debt rating, as applicable, from Moody&#146;s in effect immediately prior to such downgrade until the thirtieth (30<SUP STYLE="font-size:85%; vertical-align:top">th</SUP>) calendar day following
such downgrade. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Optional Repurchase</U>&#148; is defined in Section&nbsp;5.1(b). </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Optional Repurchase Distribution Date</U>&#148; is defined in Section&nbsp;5.1(b). </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Past Due Rent Payment</U>&#148; is defined in Section&nbsp;2.2(g). </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Permanent Global Class</U><U></U><U>&nbsp;A Note</U>&#148; is defined in Section&nbsp;4.2. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Permanent Global Class</U><U></U><U>&nbsp;B Note</U>&#148; is defined in Section&nbsp;4.2. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Permanent Global Class</U><U></U><U>&nbsp;C Note</U>&#148; is defined in Section&nbsp;4.2. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Permanent Global Class</U><U></U><U>&nbsp;D Note</U>&#148; is defined in Section&nbsp;4.2. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Permanent Global Class</U><U></U><U>&nbsp;R Note</U>&#148; is defined in Section&nbsp;4.2. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Permanent Global Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Notes</U>&#148; is defined in Section&nbsp;4.2. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Pre</U><U><FONT STYLE="white-space:nowrap">-Preference</FONT> Period Demand Note Payments</U>&#148; means, as of any date of
determination, the aggregate amount of all proceeds of demands made on the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Demand Notes included in the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Demand Note Payment Amount as of the
Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Letter of Credit Termination Date that were paid by the Demand Note Issuers more than one year before such date of determination; <U>provided</U>, <U>however</U>,<I> </I>that if an Event of
Bankruptcy (or the occurrence of an event described in clause (a)&nbsp;of the definition thereof, without the lapse of a period of sixty (60)&nbsp;consecutive days) with respect to a Demand Note Issuer occurs during such
</P>
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<FONT STYLE="white-space:nowrap">one-year</FONT> period, (x)&nbsp;the <FONT STYLE="white-space:nowrap">Pre-Preference</FONT> Period Demand Note Payments as of any date during the period from and
including the date of the occurrence of such Event of Bankruptcy to and including the conclusion or dismissal of the proceedings giving rise to such Event of Bankruptcy without continuing jurisdiction by the court in such proceedings shall equal the
<FONT STYLE="white-space:nowrap">Pre-Preference</FONT> Period Demand Note Payments as of the date of such occurrence for all Demand Note Issuers and (y)&nbsp;the <FONT STYLE="white-space:nowrap">Pre-Preference</FONT> Period Demand Note Payments as
of any date after the conclusion or dismissal of such proceedings shall equal the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Demand Note Payment Amount as of the date of the conclusion or dismissal of such proceedings. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Prior Supplement</U>&#148; is defined in the preable hereto. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Proposed Class</U><U></U><U>&nbsp;D Notes</U>&#148; has the meaning set forth in Section&nbsp;5.15. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Reinvestment Yield</U>&#148; means, with respect to any Remaining Distribution Amount, the sum of (i) 0.25% and (ii)&nbsp;the greater
of (x) 0% and (y)&nbsp;the U.S. Treasury Rate with respect to such Remaining Distribution Amount. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Remaining Distribution
Amount</U>&#148; means, with respect to each Applicable Distribution Date, the sum of (i)&nbsp;the sum of (x)&nbsp;an amount equal to the Class&nbsp;A Controlled Amortization Amount with respect to the Related Month immediately preceding such
Applicable Distribution Date (or, if the Optional Repurchase Distribution Date occurs after the October 2023 Distribution Date, the Class&nbsp;A Controlled Distribution Amount with respect to the Related Month preceding the first such Applicable
Distribution Date) and (y)&nbsp;the interest that will accrue on such amount from the Optional Repurchase Distribution Date to such Applicable Distribution Date at the Class&nbsp;A Note Rate, (ii)&nbsp;the sum of (x)&nbsp;an amount equal to the
Class&nbsp;B Controlled Amortization Amount with respect to the Related Month immediately preceding such Applicable Distribution Date (or, if the Optional Repurchase Distribution Date occurs after the October 2023 Distribution Date, the Class&nbsp;B
Controlled Distribution Amount with respect to the Related Month preceding the first such Applicable Distribution Date) and (y)&nbsp;the interest that will accrue on such amount from the Optional Repurchase Distribution Date to such Applicable
Distribution Date at the Class&nbsp;B Note Rate, (iii)&nbsp;the sum of (x)&nbsp;an amount equal to the Class&nbsp;C Controlled Amortization Amount with respect to the Related Month immediately preceding such Applicable Distribution Date (or, if the
Optional Repurchase Distribution Date occurs after the October 2023 Distribution Date, the Class&nbsp;C Controlled Distribution Amount with respect to the Related Month preceding the first such Applicable Distribution Date) and (y)&nbsp;the interest
that will accrue on such amount from the Optional Repurchase Distribution Date to such Applicable Distribution Date at the Class&nbsp;C Note Rate and (iv)&nbsp;the sum of (x)&nbsp;an amount equal to the Class&nbsp;R Controlled Amortization Amount
with respect to the Related Month immediately preceding such Applicable Distribution Date (or, if the Optional Repurchase Distribution Date occurs after the October 2023 Distribution Date, the Class&nbsp;R Controlled Amortization Amount with respect
to the Related Month preceding the first such Applicable Distribution Date) and (y)&nbsp;the interest that will accrue on such amount from the Optional Repurchase Distribution Date to such Applicable Distribution Date at the Class&nbsp;R Note Rate.
</P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Required Controlling Class</U><U></U><U>&nbsp;Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Noteholders</U>&#148; means
(i)&nbsp;for so long as any Class&nbsp;A Notes are outstanding, Class&nbsp;A Noteholders holding more than 50% of the Class&nbsp;A Invested Amount, (ii)&nbsp;if no Class&nbsp;A Notes are outstanding and for so long as any Class&nbsp;B Notes
</P>
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are outstanding, Class&nbsp;B Noteholders holding more than 50% of the Class&nbsp;B Invested Amount, (iii)&nbsp;if no Class&nbsp;A Notes or Class&nbsp;B Notes are outstanding, Class&nbsp;C
Noteholders holding more than 50% of the Class&nbsp;C Invested Amount, (iv)&nbsp;if no Class&nbsp;A Notes, Class&nbsp;B Notes or Class&nbsp;C Notes are outstanding, Class&nbsp;D Noteholders holding more than 50% of the Class&nbsp;D Invested Amount
(excluding, for the purpose of making any of the foregoing calculations, any Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Notes held by ABCR or any Affiliate of ABCR unless ABCR or such Affiliate is the sole Series <FONT
STYLE="white-space:nowrap">2018-2</FONT> Noteholder) and (v)&nbsp;if no Class&nbsp;A Notes, Class&nbsp;B Notes, Class&nbsp;C Notes or Class&nbsp;D Notes are outstanding, Class&nbsp;R Noteholders holding more than 50% Class&nbsp;R Invested Amount
(excluding, for the purpose of making any of the foregoing calculations, any Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Notes held by ABCR or any Affiliate of ABCR unless ABCR or such Affiliate is the sole Series <FONT
STYLE="white-space:nowrap">2018-2</FONT> Noteholder). </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Requisite Series <FONT STYLE="white-space:nowrap">2018-2</FONT>
Noteholders</U>&#148; means Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Noteholders holding, in the aggregate, more than 50% of the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Invested Amount (excluding, for the purpose of making
the foregoing calculation (x)&nbsp;for all purposes, any Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Notes held by ABCR or any Affiliate of ABCR unless ABCR is the sole Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Noteholder and
(y)&nbsp;for so long as any Class&nbsp;A Notes, the Class&nbsp;B Notes, or the Class&nbsp;C Notes are outstanding, any Class&nbsp;D Notes). </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Restricted Global Class</U><U></U><U>&nbsp;A Note</U>&#148; is defined in Section&nbsp;4.1. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Restricted Global Class</U><U></U><U>&nbsp;B Note</U>&#148; is defined in Section&nbsp;4.1. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Restricted Global Class</U><U></U><U>&nbsp;C Note</U>&#148; is defined in Section&nbsp;4.1. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Restricted Global Class</U><U></U><U>&nbsp;D Note</U>&#148; is defined in Section&nbsp;4.1. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Restricted Global Class</U><U></U><U>&nbsp;R Note</U>&#148; is defined in Section&nbsp;4.1. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Selected Fleet Market Value</U>&#148; means, with respect to all Adjusted Program Vehicles and all
<FONT STYLE="white-space:nowrap">Non-Program</FONT> Vehicles (excluding (i)&nbsp;any Unaccepted Program Vehicles, (ii)&nbsp;any Excluded Redesignated Vehicles and (iii)&nbsp;any other <FONT STYLE="white-space:nowrap">Non-Program</FONT> Vehicles that
are subject to a Manufacturer Program with an Eligible <FONT STYLE="white-space:nowrap">Non-Program</FONT> Manufacturer with respect to which no Manufacturer Event of Default has occurred and is continuing) as of any date of determination, the sum
of the respective Market Values of each such Adjusted Program Vehicle and each such <FONT STYLE="white-space:nowrap">Non-Program</FONT> Vehicle, in each case subject to the AESOP I Operating Lease or the Finance Lease as of such date. For purposes
of computing the Selected Fleet Market Value, the &#147;Market Value&#148; of an Adjusted Program Vehicle or a <FONT STYLE="white-space:nowrap">Non-Program</FONT> Vehicle means the market value of such Vehicle as specified in the most recently
published NADA Guide for the model class and model year of such Vehicle based on the average equipment and the average mileage of each Vehicle of such model class and model year then leased under the AESOP I Operating Lease and the Finance Lease;
<U>provided</U>, <U>however</U>, that if the NADA Guide is not being published or the NADA Guide is being published but such Vehicle is not included therein, the Market Value of such Vehicle shall be based on the market value specified in the most
recently published Finance Guide for the model class and model year of such Vehicle based on the average equipment and the average mileage of each Vehicle of such model class and model year then leased under the AESOP I Operating Lease or the
Finance Lease; <U>provided</U>, <U>further</U>, that if the Finance Guide is being published but such Vehicle is not included therein, the Market Value of such Vehicle shall mean (x)&nbsp;in the case of an
</P>
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Adjusted Program Vehicle, the Adjusted Net Book Value of such Adjusted Program Vehicle and (y)&nbsp;in the case of a <FONT STYLE="white-space:nowrap">Non-Program</FONT> Vehicle, the Net Book
Value of such <FONT STYLE="white-space:nowrap">Non-Program</FONT> Vehicle <U>provided</U>, <U>further</U>, that if the Finance Guide is not being published, the Market Value of such Vehicle shall be based on an independent <FONT
STYLE="white-space:nowrap">third-party</FONT> data source selected by the Administrator and approved by each Rating Agency that is rating any Series of Notes at the request of ABRCF based on the average equipment and average mileage of each Vehicle
of such model class and model year then leased under the AESOP I Operating Lease or the Finance Lease; <U>provided</U>, <U>further</U>, that if no such <FONT STYLE="white-space:nowrap">third-party</FONT> data source or methodology shall have been so
approved or any such <FONT STYLE="white-space:nowrap">third-party</FONT> data source or methodology is not available, the Market Value of such Vehicle shall be equal to a reasonable estimate of the wholesale market value of such Vehicle as
determined by the Administrator, based on the Net Book Value of such Vehicle and any other factors deemed relevant by the Administrator. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Notes</U>&#148; means the Series of Notes designated as the Series <FONT
STYLE="white-space:nowrap">2010-6</FONT> Notes. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2011-4</FONT> Notes</U>&#148; means the
Series of Notes designated as the Series <FONT STYLE="white-space:nowrap">2011-4</FONT> Notes. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT
STYLE="white-space:nowrap">2015-3</FONT> Notes</U>&#148; means the Series of Notes designated as the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Notes. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2016-1</FONT> Notes</U>&#148; means the Series of Notes designated as the Series <FONT
STYLE="white-space:nowrap">2016-1</FONT> Notes. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2016-2</FONT> Notes</U>&#148; means the
Series of Notes designated as the Series <FONT STYLE="white-space:nowrap">2016-2</FONT> Notes. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT
STYLE="white-space:nowrap">2017-1</FONT> Notes</U>&#148; means the Series of Notes designated as the Series <FONT STYLE="white-space:nowrap">2017-1</FONT> Notes. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2017-2</FONT> Notes</U>&#148; means the Series of Notes designated as the Series <FONT
STYLE="white-space:nowrap">2017-2</FONT> Notes. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2018-1</FONT> Notes</U>&#148; means the
Series of Notes designated as the Series <FONT STYLE="white-space:nowrap">2018-1</FONT> Notes. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT
STYLE="white-space:nowrap">2019-1</FONT> Notes</U>&#148; means the Series of Notes designated as the Series <FONT STYLE="white-space:nowrap">2019-1</FONT> Notes. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Notes</U>&#148; means the Series of Notes designated as the Series <FONT
STYLE="white-space:nowrap">2019-2</FONT> Notes. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2019-3</FONT> Notes</U>&#148; means the
Series of Notes designated as the Series <FONT STYLE="white-space:nowrap">2019-3</FONT> Notes. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT
STYLE="white-space:nowrap">2020-1</FONT> Notes</U>&#148; means the Series of Notes designated as the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Notes. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">22 </P>

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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2020-2</FONT> Notes</U>&#148; means the
Series of Notes designated as the Series <FONT STYLE="white-space:nowrap">2020-2</FONT> Notes. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT
STYLE="white-space:nowrap">2021-1</FONT> Notes</U>&#148; means the Series of Notes designated as the Series <FONT STYLE="white-space:nowrap">2021-1</FONT> Notes. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Accounts</U>&#148; means each of the Series
<FONT STYLE="white-space:nowrap">2018-2</FONT> Distribution Account, the Class&nbsp;A/B/C Reserve Account, the Class&nbsp;D Reserve Account, the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Collection Account, the Series <FONT
STYLE="white-space:nowrap">2018-2</FONT> Excess Collection Account and the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Accrued Interest Account. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Accrued Interest Account</U>&#148; is defined in Section&nbsp;2.1(b). </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2018-2</FONT> AESOP I Operating Lease Loan Agreement Borrowing Base</U>&#148; means, as of
any date of determination, the product of (a)&nbsp;the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> AESOP I Operating Lease Vehicle Percentage as of such date and (b)&nbsp;the excess of (i)&nbsp;the AESOP I Operating Lease Loan Agreement
Borrowing Base as of such date <U>over</U> (ii)&nbsp;the Excluded Manufacturer Amount as of such date. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT
STYLE="white-space:nowrap">2018-2</FONT> AESOP I Operating Lease Vehicle Percentage</U>&#148; means, as of any date of determination, a fraction, expressed as a percentage (which percentage shall never exceed 100%), the numerator of which is the
Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Required AESOP I Operating Lease Vehicle Amount as of such date and the denominator of which is the sum of the Required AESOP I Operating Lease Vehicle Amounts for all Series of Notes as of such
date. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Agent</U>&#148; is defined in the recitals hereto. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Allocated Cash Amount</U>&#148; means, as of any date of determination, an
amount equal to (x)&nbsp;all cash on deposit in the Collection Account as of such date times (y)&nbsp;the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Invested Percentage (calculated with respect to Principal Collections) as of such date.
</P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Cash Collateral Accounts</U>&#148; means, together, the Class&nbsp;A/B/C
Cash Collateral Account and the Class&nbsp;D Cash Collateral Account. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2018-2</FONT>
Collateral</U>&#148; means the Collateral, each Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Letter of Credit, each Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Demand Note, the Series <FONT STYLE="white-space:nowrap">2018-2</FONT>
Distribution Account Collateral, the Class&nbsp;A/B/C Cash Collateral Account, the Class&nbsp;D Cash Collateral Account Collateral, the Class&nbsp;A/B/C Reserve Account Collateral and the Class&nbsp;D Reserve Account Collateral. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Collection Account</U>&#148; is defined in Section&nbsp;2.1(b). </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Controlled Amortization Period</U>&#148; means the period commencing upon the
close of business on August&nbsp;31, 2023 (or, if such day is not a Business Day, the Business Day immediately preceding such day) and continuing to the earliest of (i)&nbsp;the commencement of the Series
<FONT STYLE="white-space:nowrap">2018-2</FONT> Rapid Amortization Period, (ii)&nbsp;the date on which the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Notes are fully paid and (iii)&nbsp;the termination of the Indenture. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">23 </P>

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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2018-2</FONT> DBRS Highest Enhanced Vehicle
Percentage</U>&#148; means, as of any date of determination, a fraction, expressed as a percentage, (a)&nbsp;the numerator of which is the aggregate Net Book Value of all Vehicles leased under the AESOP I Operating Lease that were manufactured by a
Manufacturer that does not have a long-term senior unsecured debt rating from DBRS (or, if such Manufacturer is not rated by DBRS, a DBRS Equivalent Rating) of at least &#147;BBB (low)&#148; as of such date and (b)&nbsp;the denominator of which is
the aggregate Net Book Value of all Vehicles leased under the AESOP I Operating Lease as of such date. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT
STYLE="white-space:nowrap">2018-2</FONT> DBRS Highest Enhancement Rate</U>&#148; means, as of any date of determination, the sum of (a) 27.00% and (b)&nbsp;the highest, for any calendar month within the preceding twelve (12)&nbsp;calendar months, of
the greater of (x)&nbsp;an amount (not less than zero) equal to 100% <U>minus</U> the Measurement Month Average for the immediately preceding Measurement Month and (y)&nbsp;an amount (not less than zero) equal to 100% <U>minus</U> the Market Value
Average as of the Determination Date within such calendar month (excluding the Market Value Average for any Determination Date which has not yet occurred). </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2018-2</FONT> DBRS Intermediate Enhanced Vehicle Percentage</U>&#148; means, as of any date
of determination, 100% minus the sum of (a)&nbsp;the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> DBRS Lowest Enhanced Vehicle Percentage and (b)&nbsp;the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> DBRS Highest Enhanced Vehicle
Percentage. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2018-2</FONT> DBRS Intermediate Enhancement Rate</U>&#148; means, as of any
date of determination, the sum of (a) 21.00% and (b)&nbsp;the highest, for any calendar month within the preceding twelve (12)&nbsp;calendar months, of the greater of (x)&nbsp;an amount (not less than zero) equal to 100% <U>minus</U> the Measurement
Month Average for the immediately preceding Measurement Month and (y)&nbsp;an amount (not less than zero) equal to 100% <U>minus</U> the Market Value Average as of the Determination Date within such calendar month (excluding the Market Value Average
for any Determination Date which has not yet occurred). </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2018-2</FONT> DBRS Lowest
Enhanced Vehicle Percentage</U>&#148; means, as of any date of determination, a fraction, expressed as a percentage, (a)&nbsp;the numerator of which is the sum, without duplication, of (1)&nbsp;the aggregate Net Book Value of all Program Vehicles
leased under the AESOP I Operating Lease that are manufactured by Eligible Program Manufacturers having long-term senior unsecured debt ratings from DBRS (or, with respect to any Manufacturer that is not rated by DBRS, a DBRS Equivalent Rating) of
&#147;BBB (low)&#148; or higher as of such date, and (2)&nbsp;so long as any Eligible <FONT STYLE="white-space:nowrap">Non-Program</FONT> Manufacturer has a long-term senior unsecured debt rating from DBRS (or, if any such Manufacturer is not rated
by DBRS, a DBRS Equivalent Rating) of &#147;BBB (low)&#148; or higher and no Manufacturer Event of Default has occurred and is continuing with respect to such Eligible <FONT STYLE="white-space:nowrap">Non-Program</FONT> Manufacturer, the aggregate
Net Book Value of all <FONT STYLE="white-space:nowrap">Non-Program</FONT> Vehicles leased under the AESOP I Operating Lease manufactured by each such Eligible <FONT STYLE="white-space:nowrap">Non-Program</FONT> Manufacturer that are subject to a
Manufacturer Program and remain eligible for repurchase thereunder as of such date and (b)&nbsp;the denominator of which is the aggregate Net Book Value of all Vehicles leased under the AESOP I Operating Lease as of such date. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2018-2</FONT> DBRS Lowest Enhancement Rate</U>&#148; means, as of any date of determination,
10.00%. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">24 </P>

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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2018-2</FONT> DBRS Required Enhancement
Amount</U>&#148; means, as of any date of determination, the product of (i)&nbsp;the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> DBRS Required Enhancement Percentage as of such date and (ii)&nbsp;the Class&nbsp;A/B/C Invested Amount as of
such date. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2018-2</FONT> DBRS Required Enhancement Percentage</U>&#148; means, as of any
date of determination, the sum of (i)&nbsp;the product of (A)&nbsp;the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> DBRS Lowest Enhancement Rate as of such date and (B)&nbsp;the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> DBRS
Lowest Enhanced Vehicle Percentage as of such date, (ii)&nbsp;the product of (A)&nbsp;the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> DBRS Intermediate Enhancement Rate as of such date and (B)&nbsp;the Series
<FONT STYLE="white-space:nowrap">2018-2</FONT> DBRS Intermediate Enhanced Vehicle Percentage as of such date, and (iii)&nbsp;the product of (A)&nbsp;the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> DBRS Highest Enhancement Rate as of such
date and (B)&nbsp;the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> DBRS Highest Enhanced Vehicle Percentage as of such date. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Demand Note</U>&#148; means each demand note made by a Demand Note Issuer,
substantially in the form of <U>Exhibit F</U>, as amended, modified or restated from time to time. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT
STYLE="white-space:nowrap">2018-2</FONT> Demand Note Payment Amount</U>&#148; means, as of the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Letter of Credit Termination Date, the aggregate amount of all proceeds of demands made on the
Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Demand Notes pursuant to Section&nbsp;2.5(c)(i), (d)(i) or (e)(i) that were deposited into the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Distribution Account and paid to the Series <FONT
STYLE="white-space:nowrap">2018-2</FONT> Noteholders during the one year period ending on the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Letter of Credit Termination Date; <U>provided</U>, <U>however</U>, that if an Event of Bankruptcy
(or the occurrence of an event described in clause (a)&nbsp;of the definition thereof, without the lapse of a period of sixty (60)&nbsp;consecutive days) with respect to a Demand Note Issuer shall have occurred during such one year period, the
Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Demand Note Payment Amount as of the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Letter of Credit Termination Date shall equal the Series <FONT STYLE="white-space:nowrap">2018-2</FONT>
Demand Note Payment Amount as if it were calculated as of the date of such occurrence. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series
<FONT STYLE="white-space:nowrap">2018-2</FONT> Deposit Date</U>&#148; is defined in Section&nbsp;2.2. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT
STYLE="white-space:nowrap">2018-2</FONT> Distribution Account</U>&#148; is defined in Section&nbsp;2.9(a). </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT
STYLE="white-space:nowrap">2018-2</FONT> Distribution Account Collateral</U>&#148; is defined in Section&nbsp;2.9(d). </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT
STYLE="white-space:nowrap">2018-2</FONT> Eligible Letter of Credit Provider</U>&#148; means a Person satisfactory to ABCR and the Demand Note Issuers and having, at the time of the issuance of the related Series
<FONT STYLE="white-space:nowrap">2018-2</FONT> Letter of Credit, a <FONT STYLE="white-space:nowrap">long-term</FONT> senior unsecured debt rating (or the equivalent thereof) of at least &#147;A1&#148; from Moody&#146;s, at least &#147;A (high)&#148;
from DBRS and at least &#147;A+&#148; from Fitch and a short term senior unsecured debt rating of at least <FONT STYLE="white-space:nowrap">&#147;P-1&#148;</FONT> from Moody&#146;s, at least <FONT STYLE="white-space:nowrap">&#147;R-1&#148;</FONT>
from DBRS and at least &#147;F1&#148; from Fitch that is (a)&nbsp;a commercial bank having total assets in excess of $500,000,000, (b) a finance company, insurance company or other financial institution that in the ordinary course of business issues
letters of credit and has total assets in excess of $200,000,000 or (c)&nbsp;any other financial institution; <U>provided</U>, <U>however</U>, that if a Person is not a Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Letter of Credit Provider
(or a letter of credit provider under the Supplement for any other Series of Notes), then such Person shall not be a Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Eligible Letter of Credit Provider until ABRCF has provided ten
(10)&nbsp;days&#146; prior notice to the Rating Agencies that such Person has been proposed as a Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Letter of Credit Provider. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">25 </P>

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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Enhancement</U>&#148; means
the Class&nbsp;A/B/C Cash Collateral Account Collateral, the Class&nbsp;D Cash Collateral Account Collateral, the Class&nbsp;A/B/C Letters of Credit, the Class&nbsp;D Letters of Credit, the Series <FONT STYLE="white-space:nowrap">2018-2</FONT>
Demand Notes, the Class&nbsp;D Overcollateralization Amount and the Class&nbsp;A/B/C Required Reserve Account Amount. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT
STYLE="white-space:nowrap">2018-2</FONT> Enhancement Deficiency</U>&#148; means a Class&nbsp;A/B/C Enhancement Deficiency or a Class&nbsp;D Enhancement Deficiency. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Excess Collection Account</U>&#148; is defined in Section&nbsp;2.1(b). </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Expected Final Distribution Date</U>&#148; means the March 2024 Distribution
Date. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Final Distribution Date</U>&#148; means the March 2025 Distribution
Date. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Interest Period</U>&#148; means a period commencing on and including
a Distribution Date and ending on and including the day preceding the next succeeding Distribution Date; <U>provided</U>, <U>however</U>, that (x)&nbsp;the initial Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Interest Period with respect to
the Class&nbsp;A Notes, the Class&nbsp;B Notes and the Class&nbsp;C Notes commenced on and included the Class&nbsp;A/B/C Closing Date and ended on and included November&nbsp;19, 2018 and (y)&nbsp;the initial Series
<FONT STYLE="white-space:nowrap">2018-2</FONT> Interest Period with respect to the Class&nbsp;D Notes shall commence on and include the Class&nbsp;D Closing Date and shall end on and include July&nbsp;19, 2021. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Invested Amount</U>&#148; means, as of any date of determination, the sum of
the Class&nbsp;A Invested Amount as of such date, the Class&nbsp;B Invested Amount as of such date, the Class&nbsp;C Invested Amount as of such date, the Class&nbsp;D Invested Amount as of such date and the Class&nbsp;R Invested Amount as of such
date. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Invested Percentage</U>&#148; means, as of any date of
determination: </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(a) when used with respect to Principal Collections, the percentage equivalent (which percentage shall never exceed 100%)
of a fraction, the numerator of which shall be equal to the greater of (x)&nbsp;the sum of the Class&nbsp;A/B/C Invested Amount and the Class&nbsp;A/B/C Overcollateralization Amount and (y)&nbsp;the Series
<FONT STYLE="white-space:nowrap">2018-2</FONT> Invested Amount and the Class&nbsp;D Overcollateralization Amount, determined during the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Revolving Period as of the end of the Related Month (or,
until the end of the Related Month during which the Class&nbsp;D Notes Closing Date occurs, on the Class&nbsp;D Notes Closing Date), or, during the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Controlled Amortization Period and the Series <FONT
STYLE="white-space:nowrap">2018-2</FONT> Rapid Amortization Period, as of the end of the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Revolving Period, and the denominator of which shall be the greater of (I)&nbsp;the Aggregate Asset Amount
as of the end of the Related Month or, until the end of the initial Related Month, as of the Class&nbsp;A/B/C Closing Date, and (II)&nbsp;as of the same date as in clause (I), the sum of the numerators used to determine the invested percentages for
allocations with respect to Principal Collections (for all Series of Notes and all classes of such Series of Notes); and </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(b) when used
with respect to Interest Collections, the percentage equivalent (which percentage shall never exceed 100%) of a fraction, the numerator of which shall be the Accrued Amounts with respect to the Series <FONT STYLE="white-space:nowrap">2018-2</FONT>
Notes on such date of determination, and the denominator of which shall be the aggregate Accrued Amounts with respect to all Series of Notes on such date of determination. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">26 </P>

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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Lease Interest Payment
Deficit</U>&#148; means, on any Distribution Date, an amount equal to the excess, if any, of (1)&nbsp;the excess, if any, of (a)&nbsp;the aggregate amount of Interest Collections which pursuant to Section&nbsp;2.2(a), (b), (c) or (d)&nbsp;would have
been allocated to the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Accrued Interest Account if all payments of Monthly Base Rent required to have been made under the Leases from and excluding the preceding Distribution Date to and including
such Distribution Date were made in full over (b)&nbsp;the aggregate amount of Interest Collections which pursuant to Section&nbsp;2.2(a), (b), (c) or (d)&nbsp;have been allocated to the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Accrued
Interest Account (excluding any amounts paid into the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Accrued Interest Account pursuant to the proviso in Sections 2.2(c)(ii) and/or 2.2(d)(ii)) from and excluding the preceding Distribution Date
to and including the Business Day immediately preceding such Distribution Date over (2)&nbsp;the Class&nbsp;R Monthly Interest with respect to the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Interest Period ended on the day preceding such
Distribution Date. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Lease Payment Deficit</U>&#148; means either a Series <FONT
STYLE="white-space:nowrap">2018-2</FONT> Lease Interest Payment Deficit or a Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Lease Principal Payment Deficit. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Lease Principal Payment Carryover Deficit</U>&#148; means (a)&nbsp;for the
initial Distribution Date, zero and (b)&nbsp;for any other Distribution Date, the excess of (x)&nbsp;the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Lease Principal Payment Deficit, if any, on the preceding Distribution Date <U>over</U>
(y)&nbsp;the amount deposited in the Distribution Account on such preceding Distribution Date pursuant to Section&nbsp;2.5(b) on account of such Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Lease Principal Payment Deficit. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Lease Principal Payment Deficit</U>&#148; means on any Distribution Date, the
sum of (a)&nbsp;the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Monthly Lease Principal Payment Deficit for such Distribution Date and (b)&nbsp;the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Lease Principal Payment Carryover
Deficit for such Distribution Date. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Letter of Credit</U>&#148; means a
Class&nbsp;A/B/C Letter of Credit or a Class&nbsp;D Letter of Credit, as the context may require. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT
STYLE="white-space:nowrap">2018-2</FONT> Letter of Credit Liquidity Amount</U>&#148; means, as of any date of determination, the sum of (a)&nbsp;the Class&nbsp;A/B/C Letter of Credit Liquidity Amount on such date and (b)&nbsp;the Class&nbsp;D Letter
of Credit Liquidity Amount on such date. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Letter of Credit
Provider</U>&#148; means the issuer of a Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Letter of Credit. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT
STYLE="white-space:nowrap">2018-2</FONT> Letter of Credit Termination Date</U>&#148; means the first to occur of (a)&nbsp;the date on which the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Notes are fully paid and (b)&nbsp;the Series <FONT
STYLE="white-space:nowrap">2018-2</FONT> Termination Date. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Limited
Liquidation Event of Default</U>&#148; means, so long as such event or condition continues, any event or condition of the type specified in clauses (a)&nbsp;through (g) of Article III; <U>provided</U>, <U>however</U>, that any event or condition of
the type specified in clauses (a)&nbsp;through (g) of Article III shall not constitute a Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Limited Liquidation Event of Default if the Trustee shall have received the written consent of the
Requisite Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Noteholders </P>
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waiving the occurrence of such Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Limited Liquidation Event of Default. The Trustee shall promptly (but in any event within two (2)&nbsp;days)
provide the Rating Agencies with written notice of such waiver. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Maximum
Hyundai Amount</U>&#148; means, as of any day, an amount equal to 20% of the aggregate Net Book Value of all Vehicles leased under the Leases on such day. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Maximum Individual Isuzu/Subaru Amount</U>&#148; means, as of any day, with
respect to Isuzu or Subaru individually, an amount equal to 5% of the aggregate Net Book Value of all Vehicles leased under the Leases on such day. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Maximum Kia Amount</U>&#148; means, as of any day, an amount equal to 10% of
the aggregate Net Book Value of all Vehicles leased under the Leases on such day. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series
<FONT STYLE="white-space:nowrap">2018-2</FONT> Maximum Mitsubishi Amount</U>&#148; means, as of any day, an amount equal to 10% of the aggregate Net Book Value of all Vehicles leased under the Leases on such day. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Maximum <FONT STYLE="white-space:nowrap">Non-Eligible</FONT> Manufacturer
Amount</U>&#148; means, as of any day, an amount equal to 3% of the aggregate Net Book Value of all Vehicles leased under the Leases on such day. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Maximum <FONT STYLE="white-space:nowrap">Non-Program</FONT> Vehicle
Amount</U>&#148; means, as of any day, an amount equal to the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Maximum <FONT STYLE="white-space:nowrap">Non-Program</FONT> Vehicle Percentage of the aggregate Net Book Value of all Vehicles leased
under the Leases on such day. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Maximum
<FONT STYLE="white-space:nowrap">Non-Program</FONT> Vehicle Percentage</U>&#148; means, as of any date of determination, the sum of (a) 85% and (b)&nbsp;a fraction, expressed as a percentage, the numerator of which is the aggregate Net Book Value of
all Redesignated Vehicles manufactured by a Bankrupt Manufacturer or a Manufacturer with respect to which a Manufacturer Event of Default has occurred, and in each case leased under the AESOP I Operating Lease or the Finance Lease as of such date,
and the denominator of which is the aggregate Net Book Value of all Vehicles leased under the Leases as of such date. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT
STYLE="white-space:nowrap">2018-2</FONT> Maximum Specified States Amount</U>&#148; means, as of any day, an amount equal to 7.5% of the aggregate Net Book Value of all Vehicles leased under the Leases on such day. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Maximum Suzuki Amount</U>&#148; means, as of any day, an amount equal to 7.5%
of the aggregate Net Book Value of all Vehicles leased under the Leases on such day. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series
<FONT STYLE="white-space:nowrap">2018-2</FONT> Maximum Used Vehicle Amount</U>&#148; means, as of any day, an amount equal to 25% of the aggregate Net Book Value of all Vehicles leased under the Leases on such day. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Monthly Lease Principal Payment Deficit</U>&#148; means, on any Distribution
Date, an amount equal to the excess, if any, of (1)&nbsp;the excess, if any, of (a)&nbsp;the </P>
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aggregate amount of Principal Collections which pursuant to Section&nbsp;2.2(a), (b), (c) or (d)&nbsp;would have been allocated to the Series <FONT STYLE="white-space:nowrap">2018-2</FONT>
Collection Account if all payments required to have been made under the Leases from and excluding the preceding Distribution Date to and including such Distribution Date were made in full over (b)&nbsp;the aggregate amount of Principal Collections
which pursuant to Section&nbsp;2.2(a), (b), (c) or (d)&nbsp;have been allocated to the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Collection Account (without giving effect to any amounts paid into the Series
<FONT STYLE="white-space:nowrap">2018-2</FONT> Accrued Interest Account pursuant to the proviso in Sections 2.2(c)(ii) and/or 2.2(d)(ii)) from and excluding the preceding Distribution Date to and including the Business Day immediately preceding such
Distribution Date over (2)&nbsp;the principal due and payable with respect to the Class&nbsp;R Notes on such Distribution Date. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Moody&#146;s Highest Enhanced Vehicle Percentage</U>&#148;<I> </I>means, as of
any date of determination, a fraction, expressed as a percentage, (a)&nbsp;the numerator of which is the aggregate Net Book Value of all Vehicles leased under the AESOP I Operating Lease that are either not subject to a Manufacturer Program or not
eligible for repurchase under a Manufacturer Program as of such date and (b)&nbsp;the denominator of which is the aggregate Net Book Value of all Vehicles leased under the AESOP I Operating Lease as of such date. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Moody&#146;s Highest Enhancement Rate</U>&#148; means, as of any date of
determination, the sum of (a) 12.60% (with respect to calculating the Class&nbsp;D Required Enhancement Amount) or 22.15% (with respect to calculating the Class&nbsp;A/B/C Required Enhancement Amount), (b) the greater of (x)&nbsp;the highest for any
calendar month within the preceding 12 calendar months, an amount (not less than zero) equal to 100% <U>minus</U> the Measurement Month Average for the immediately preceding Measurement Month and (y)&nbsp;(i) with respect to calculating the
Class&nbsp;A/B/C Required Enhancement Amount, the highest for any calendar month within the preceding 12 calendar months and (ii)&nbsp;with respect to calculating the Class&nbsp;D Required Enhancement Amount, the highest for any calendar month
within the preceding 3 calendar months, of an amount (not less than zero) equal to 100% <U>minus</U> the Market Value Average as of the Determination Date within such calendar month (excluding the Market Value Average for any Determination Date
which has not yet occurred) and (c)&nbsp;with respect to calculating the Class&nbsp;D Required Enhancement Amount only, if the <FONT STYLE="white-space:nowrap">Non-Program</FONT> Vehicle Amount exceeds the Series
<FONT STYLE="white-space:nowrap">2018-2</FONT> Maximum <FONT STYLE="white-space:nowrap">Non-Program</FONT> Vehicle Amount as of such date of determination, 1.00%. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Moody&#146;s Intermediate Enhanced Vehicle Percentage</U>&#148; means, as of
any date of determination, 100% <U>minus</U> the sum of (a)&nbsp;the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Moody&#146;s Lowest Enhanced Vehicle Percentage and (b)&nbsp;the Series <FONT STYLE="white-space:nowrap">2018-2</FONT>
Moody&#146;s Highest Enhanced Vehicle Percentage. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Moody&#146;s
Intermediate Enhancement Rate</U>&#148; means, as of any date of determination, 8.50% (with respect to calculating the Class&nbsp;D Required Enhancement Amount) or 16.25% (with respect to calculating the Class&nbsp;A/B/C Required Enhancement
Amount). </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Moody&#146;s Lowest Enhanced Vehicle Percentage</U>&#148; means,
as of any date of determination, a fraction, expressed as a percentage, (a)&nbsp;the numerator of which is the sum, without duplication, of (1)&nbsp;the aggregate Net Book Value of all Program Vehicles leased under the AESOP I Operating Lease that
are manufactured by Eligible Program Manufacturers having a </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">29 </P>

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<FONT STYLE="white-space:nowrap">long-term</FONT> corporate family rating of &#147;Baa3&#148; or higher from Moody&#146;s as of such date (or, if any Eligible Program Manufacturer does not have a
long-term corporate family rating from Moody&#146;s as of such date, a long-term senior unsecured debt rating of at least &#147;Ba1&#148; from Moody&#146;s as of such date), and (2)&nbsp;so long as any Eligible
<FONT STYLE="white-space:nowrap">Non-Program</FONT> Manufacturer has a <FONT STYLE="white-space:nowrap">long-term</FONT> corporate family rating of &#147;Baa3&#148; or higher from Moody&#146;s as of such date (or, if any Eligible <FONT
STYLE="white-space:nowrap">Non-Program</FONT> Manufacturer does not have a long-term corporate family rating from Moody&#146;s as of such date, a long-term senior unsecured debt rating of at least &#147;Ba1&#148; from Moody&#146;s as of such date)
and no Manufacturer Event of Default has occurred and is continuing with respect to such Eligible <FONT STYLE="white-space:nowrap">Non-Program</FONT> Manufacturer, the aggregate Net Book Value of all
<FONT STYLE="white-space:nowrap">Non-Program</FONT> Vehicles leased under the AESOP I Operating Lease manufactured by each such Eligible <FONT STYLE="white-space:nowrap">Non-Program</FONT> Manufacturer that are subject to a Manufacturer Program and
remain eligible for repurchase thereunder as of such date and (b)&nbsp;the denominator of which is the aggregate Net Book Value of all Vehicles leased under the AESOP I Operating Lease as of such date. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Moody&#146;s Lowest Enhancement Rate</U>&#148; means, as of any date of
determination, 5.00% (with respect to calculating the Class&nbsp;D Required Enhancement Amount) or 13.00% (with respect to calculating the Class&nbsp;A/B/C Required Enhancement Amount). </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Moody&#146;s Required Enhancement Amount</U>&#148; means, as of any date of
determination, the product of (i)&nbsp;the applicable Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Moody&#146;s Required Enhancement Percentage as of such date and (ii)&nbsp;an amount equal to (x)&nbsp;with respect to calculating the
Class&nbsp;A/B/C Required Enhancement Amount, the sum of (1)&nbsp;the Class&nbsp;A Invested Amount, (2)&nbsp;the Class&nbsp;B Invested Amount and (3)&nbsp;the Class&nbsp;C Invested Amount, in each case, as of such date and (y)&nbsp;with respect to
calculating the Class&nbsp;D Required Enhancement Amount, the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Senior Invested Amount minus the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Allocated Cash Amount. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Moody&#146;s Required Enhancement Percentage</U>&#148; means, as of any date of
determination, the sum of (i)&nbsp;the product of (A)&nbsp;the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Moody&#146;s Lowest Enhancement Rate as of such date and (B)&nbsp;the Series <FONT STYLE="white-space:nowrap">2018-2</FONT>
Moody&#146;s Lowest Enhanced Vehicle Percentage as of such date, (ii)&nbsp;the product of (A)&nbsp;the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Moody&#146;s Intermediate Enhancement Rate as of such date and (B)&nbsp;the Series <FONT
STYLE="white-space:nowrap">2018-2</FONT> Moody&#146;s Intermediate Enhanced Vehicle Percentage as of such date, and (iii)&nbsp;the product of (A)&nbsp;the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Moody&#146;s Highest Enhancement Rate as
of such date and (B)&nbsp;the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Moody&#146;s Highest Enhanced Vehicle Percentage as of such date. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Note Owner</U>&#148; means each beneficial owner of a Series <FONT
STYLE="white-space:nowrap">2018-2</FONT> Note. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Noteholder</U>&#148; means
any Class&nbsp;A Noteholder, any Class&nbsp;B Noteholder, any Class&nbsp;C Noteholder, any Class&nbsp;D Noteholder or any Class&nbsp;R Noteholder. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Notes</U>&#148; means, collectively, the Class&nbsp;A Notes, the Class&nbsp;B
Notes, the Class&nbsp;C Notes, the Class&nbsp;D Notes, and the Class&nbsp;R Notes. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series
<FONT STYLE="white-space:nowrap">2018-2</FONT> Past Due Rent Payment</U>&#148; is defined in Section&nbsp;2.2(g). </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">30 </P>

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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Percentage</U>&#148; means,
as of any date of determination, a fraction, expressed as a percentage, the numerator of which is the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Invested Amount as of such date and the denominator of which is the Aggregate Invested Amount
as of such date. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Principal Allocation</U>&#148; is defined in
Section&nbsp;2.2(a)(ii). </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Post-Twenty Four Month Measurement
Month</U>&#148; means, with respect to any date, collectively, each of the three periods most closely preceding such date, each of which periods shall consist of one calendar month, or the smallest number of consecutive calendar months, in which
(a)&nbsp;at least 250 <FONT STYLE="white-space:nowrap">Non-Program</FONT> Vehicles that are in months 25 through 48 of their lease at the time of such sale and were sold at auction or otherwise or (b)&nbsp;at least
<FONT STYLE="white-space:nowrap">one-twelfth</FONT> of the aggregate Net Book Value of all of the <FONT STYLE="white-space:nowrap">Non-Program</FONT> Vehicles that are in months 25 through 48 of their lease at the time of such sale and are leased
under the AESOP I Operating Lease and the Finance Lease as of the last day of each such period were sold at auction or otherwise; <U>provided</U>, <U>however</U>, that no calendar month included in a Series
<FONT STYLE="white-space:nowrap">2018-2</FONT> Post-Twenty Four Month Measurement Month shall be included in any other Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Post-Twenty Four Month Measurement Month; <U>provided</U>, <U>further</U>,
that Unaccepted Program Vehicles shall be excluded for purposes of the foregoing determination. The Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Post-Twenty Four Month Measurement Month shall be a &#147;Post-Twenty Four Month Measurement
Month&#148; for purposes of the Depreciation Schedule. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Post-Twenty Four
Month Measurement Month Average</U>&#148; means, with respect to any Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Post-Twenty-Four Month Measurement Month, the percentage equivalent of a fraction, the numerator of which is the aggregate
amount of disposition proceeds of all <FONT STYLE="white-space:nowrap">Non-Program</FONT> Vehicles that are in months 25 through 48 of their lease at the time of such sale and are sold at auction or otherwise during such Series <FONT
STYLE="white-space:nowrap">2018-2</FONT> Post-Twenty Four Month Measurement Month (excluding any Unaccepted Program Vehicles) and the denominator of which is the aggregate Net Book Value of such Vehicles on the dates of their respective sales. The
Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Post-Twenty Four Month Measurement Month Average shall be a &#147;Post-Twenty Four Month Measurement Month Average&#148; for purposes of the Depreciation Schedule. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Rapid Amortization Period</U>&#148; means the period beginning at the close of
business on the Business Day immediately preceding the day on which an Amortization Event is deemed to have occurred with respect to the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Notes and ending upon the earliest to occur of
(i)&nbsp;the date on which the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Notes are fully paid, (ii)&nbsp;the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Final Distribution Date and (iii)&nbsp;the termination of the Indenture.
</P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Reimbursement Agreement</U>&#148; means any and each agreement providing
for the reimbursement of a Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Letter of Credit Provider for draws under its Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Letter of Credit as the same may be amended, supplemented, restated
or otherwise modified from time to time. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Repurchase Amount</U>&#148; is
defined in Section&nbsp;5.1(a). </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Required AESOP I Operating Lease Vehicle
Amount</U>&#148; means, as of any date of determination, the sum of (i)&nbsp;the Class&nbsp;A/B/C Invested Amount as of such date and (ii)&nbsp;the greater of (x)&nbsp;the Class&nbsp;A/B/C Required Overcollateralization Amount as of such date and
(y)&nbsp;the sum of (A)&nbsp;the Class&nbsp;D Invested Amount as of such date and (B)&nbsp;the Class&nbsp;D Required Overcollateralization Amount as of such date. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">31 </P>

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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Reserve Accounts</U>&#148;
means, together, the Class&nbsp;A/B/C Reserve Account and the Class&nbsp;D Reserve Account. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT
STYLE="white-space:nowrap">2018-2</FONT> Revolving Period</U>&#148; means the period from and including the Class&nbsp;A/B/C Closing Date to the earlier of (i)&nbsp;the commencement of the Series <FONT STYLE="white-space:nowrap">2018-2</FONT>
Controlled Amortization Period and (ii)&nbsp;the commencement of the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Rapid Amortization Period. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Senior Invested Amount</U>&#148; means, on any date, the sum of the
Class&nbsp;A Invested Amount on such date, the Class&nbsp;B Invested Amount on such date, the Class&nbsp;C Invested Amount on such date and the Class&nbsp;D Invested Amount on such date. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Senior Monthly Interest</U>&#148; means, with respect to any Distribution Date,
the sum of the Class&nbsp;A Monthly Interest, the Class&nbsp;B Monthly Interest, the Class&nbsp;C Monthly Interest and the Class&nbsp;D Monthly Interest, in each case with respect to the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Interest
Period ended on the day preceding such Distribution Date. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Senior
Notes</U>&#148; means, collectively, the Class&nbsp;A Notes, the Class&nbsp;B Notes, the Class&nbsp;C Notes and the Class&nbsp;D Notes. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Shortfall</U>&#148; means, on any Distribution Date, the sum of the
Class&nbsp;A Shortfall, the Class&nbsp;B Shortfall, the Class&nbsp;C Shortfall and the Class&nbsp;D Shortfall on such Distribution Date. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Termination Date</U>&#148; means the March 2025 Distribution Date. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Trustee&#146;s Fees</U>&#148; means, for any Distribution Date during the
Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Rapid Amortization Period on which there exists a Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Lease Interest Payment Deficit, a portion of the fees payable to the Trustee in an amount
equal to the product of (i)&nbsp;the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Percentage as of the beginning of the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Interest Period ending on the day preceding such Distribution Date
and (ii)&nbsp;the fees owing to the Trustee under the Base Indenture; <U>provided</U>, <U>however</U>, that the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Trustee&#146;s Fees in the aggregate for all Distribution Dates shall not exceed
1.1% of the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Required AESOP I Operating Lease Vehicle Amount as of the last day of the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Revolving Period. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Supplement</U>&#148; is defined in the preamble hereto. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Temporary Global Class</U><U></U><U>&nbsp;A Note</U>&#148; is defined in Section&nbsp;4.2. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Temporary Global Class</U><U></U><U>&nbsp;B Note</U>&#148; is defined in Section&nbsp;4.2. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Temporary Global Class</U><U></U><U>&nbsp;C Note</U>&#148; is defined in Section&nbsp;4.2. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Temporary Global Class</U><U></U><U>&nbsp;D Note</U>&#148; is defined in Section&nbsp;4.2. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Temporary Global Class</U><U></U><U>&nbsp;R Note</U>&#148; is defined in Section&nbsp;4.2. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">32 </P>

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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Temporary Global Series <FONT STYLE="white-space:nowrap">2018-2</FONT>
Notes</U>&#148; is defined in Section&nbsp;4.2. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Termination Date Disbursement</U>&#148; means an amount drawn under a Series <FONT
STYLE="white-space:nowrap">2018-2</FONT> Letter of Credit pursuant to a Certificate of Termination Date Demand. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Termination
Disbursement</U>&#148; means an amount drawn under a Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Letter of Credit pursuant to a Certificate of Termination Demand. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Transferee</U>&#148; has the meaning set forth in Section&nbsp;5.23(c). </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Trustee</U>&#148; is defined in the recitals hereto. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Unpaid Demand Note Disbursement</U>&#148; means an amount drawn under a Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Letter
of Credit pursuant to a Certificate of Unpaid Demand Note Demand. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>U.S. Risk Retention Rules</U>&#148; means the federal
interagency credit risk retention rules, codified at 17 C.F.R. Part 246. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>U.S. Treasury Rate</U>&#148; means, with respect to any
Remaining Distribution Amount, a rate determined one Business Day prior to the Optional Repurchase Distribution Date that is equal to the U.S. Treasury rate on such date (determined by reference to Bloomberg Financial Markets Commodities News) with
a maturity equal to the period from such Optional Repurchase Distribution Date to the Applicable Distribution Date with respect to such Remaining Distribution Amount (or, if such maturity is unavailable, such rate shall be determined by linear
interpolation using the U.S. Treasury rates with the two closest maturities to such period). </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(c) Any amounts calculated by reference to
the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Invested Amount (or any component thereof) on any date shall, unless otherwise stated, be calculated after giving effect to any payment of principal made to the applicable Series <FONT
STYLE="white-space:nowrap">2018-2</FONT> Noteholders on such date. </P> <P STYLE="margin-top:24pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>ARTICLE II </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>SERIES <FONT STYLE="white-space:nowrap">2018-2</FONT> ALLOCATIONS </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">With respect to the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Notes, the following shall apply: </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;2.1. <U>Establishment of Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Collection Account, Series <FONT
STYLE="white-space:nowrap">2018-2</FONT> Excess Collection Account and Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Accrued Interest Account</U>. (a)&nbsp;All Collections allocable to the Series
<FONT STYLE="white-space:nowrap">2018-2</FONT> Notes shall be allocated to the Collection Account. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(b) The Trustee has created three
administrative subaccounts within the Collection Account for the benefit of the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Noteholders: the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Collection Account (such <FONT
STYLE="white-space:nowrap">sub-account,</FONT> the &#147;<U>Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Collection Account</U>&#148;), the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Excess Collection Account (such <FONT
STYLE="white-space:nowrap">sub-account,</FONT> the &#147;<U>Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Excess Collection Account</U>&#148;) and the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Accrued Interest Account (such <FONT
STYLE="white-space:nowrap">sub-account,</FONT> the &#147;<U>Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Accrued Interest Account</U>&#148;). </P>
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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;2.2. <U>Allocations with Respect to the Series
<FONT STYLE="white-space:nowrap">2018-2</FONT> Notes</U>. The net proceeds from the initial sale of the Class&nbsp;A Notes, Class&nbsp;B Notes, Class&nbsp;C Notes and Class&nbsp;R Notes were deposited into the Collection Account on the
Class&nbsp;A/B/C Closing Date and the net proceeds from the issuance of Class&nbsp;D Notes and Additional Class&nbsp;R Notes shall be deposited into the Collection Account on the Class&nbsp;D Notes Closing Date. On each Business Day on which
Collections are deposited into the Collection Account (each such date, a &#147;Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Deposit Date&#148;), the Administrator will direct the Trustee in writing pursuant to the Administration Agreement
to allocate all amounts deposited into the Collection Account in accordance with the provisions of this Section&nbsp;2.2. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(a)
<U>Allocations of Collections During the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Revolving Period</U>. During the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Revolving Period, the Administrator will direct the Trustee in
writing pursuant to the Administration Agreement to allocate, prior to 11:00&nbsp;a.m. (New York City time) on each Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Deposit Date, all amounts deposited into the Collection Account as set forth
below: </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:9%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(i) allocate to the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Collection Account an amount equal to the
Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Invested Percentage (as of such day) of the aggregate amount of Interest Collections on such day. All such amounts allocated to the Series <FONT STYLE="white-space:nowrap">2018-2</FONT>
Collection Account shall be further allocated to the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Accrued Interest Account; and </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:9%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(ii) allocate to the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Excess Collection Account an amount equal to the
Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Invested Percentage (as of such day) of the aggregate amount of Principal Collections on such day (for any such day, the &#147;<U>Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Principal
Allocation</U>&#148;). </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(b) <U>Allocations of Collections During the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Controlled
Amortization Period</U>. With respect to the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Controlled Amortization Period, the Administrator will direct the Trustee in writing pursuant to the Administration Agreement to allocate, prior to
11:00 a.m. (New York City time) on any Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Deposit Date, all amounts deposited into the Collection Account as set forth below: </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:9%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(i) allocate to the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Collection Account an amount determined as set forth
in Section&nbsp;2.2(a)(i) above for such day, which amount shall be further allocated to the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Accrued Interest Account; and </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:9%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(ii) allocate to the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Collection Account an amount equal to the Series <FONT
STYLE="white-space:nowrap">2018-2</FONT> Principal Allocation for such day, which amount shall be used to make principal payments in respect of the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Notes in accordance with Section&nbsp;2.5, (A)
first, in respect of the Class&nbsp;A Notes in an amount equal to the Class&nbsp;A Controlled Distribution Amount, (B)&nbsp;second, in respect of the Class&nbsp;B Notes in an amount equal to the Class&nbsp;B Controlled Distribution Amount,
(C)&nbsp;third, in respect of the Class&nbsp;C Notes in an amount equal to the Class&nbsp;C Controlled Distribution Amount, (D)&nbsp;fourth, in respect of the Class&nbsp;D Notes in an amount equal to the Class&nbsp;D Controlled Distribution Amount
and (E)&nbsp;fifth, in respect of the Class&nbsp;R Notes in an amount equal to the Class&nbsp;R Controlled Amortization Amount, in each case with respect to the Related Month; <U>provided</U>, <U>however</U>, that if the Monthly Total Principal
Allocation exceeds the sum of the Class&nbsp;A Controlled </P>
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Distribution Amount, the Class&nbsp;B Controlled Distribution Amount, the Class&nbsp;C Controlled Distribution Amount, the Class&nbsp;D Controlled Distribution Amount and the Class&nbsp;R
Controlled Amortization Amount, in each case with respect to the Related Month, then the amount of such excess shall be allocated to the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Excess Collection Account. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(c) <U>Allocations of Collections During the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Rapid Amortization Period</U>. With respect
to the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Rapid Amortization Period, other than after the occurrence of an Event of Bankruptcy with respect to ABCR, any other Lessee or any Permitted Sublessee, the Administrator will direct the
Trustee in writing pursuant to the Administration Agreement to allocate, prior to 11:00 a.m. (New&nbsp;York City time) on any Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Deposit Date, all amounts deposited into the Collection Account as
set forth below: </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:9%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(i) allocate to the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Collection Account an amount
determined as set forth in Section&nbsp;2.2(a)(i) above for such day, which amount shall be further allocated to the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Accrued Interest Account; and </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(ii) allocate to the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Collection Account an amount equal to the Series <FONT
STYLE="white-space:nowrap">2018-2</FONT> Principal Allocation for such day, which amount shall be used in accordance with <U>Section</U><U></U><U>&nbsp;2.5</U> to make principal payments in respect of the Class&nbsp;A Notes until the Class&nbsp;A
Notes have been paid in full, and, after the Class&nbsp;A Notes have been paid in full, shall be used to make principal payments in respect of the Class&nbsp;B Notes until the Class&nbsp;B Notes have been paid in full, and, after the Class&nbsp;A
Notes and Class&nbsp;B Notes have been paid in full, shall be used to make principal payments in respect of the Class&nbsp;C Notes until the Class&nbsp;C Notes have been paid in full, and<I>,</I> after the Class&nbsp;A Notes, the Class&nbsp;B Notes,
and the Class&nbsp;C Notes have been paid in full, shall be used to make principal payments in respect of the Class&nbsp;D Notes until the Class&nbsp;D Notes have been paid in full and, after the Class&nbsp;A Notes, the Class&nbsp;B Notes, the
Class&nbsp;C Notes and the Class&nbsp;D Notes have been paid in full (including interest thereon), shall be used to make principal payments in respect of the Class&nbsp;R Notes until the Class&nbsp;R Notes have been paid in full; <U>provided</U>,
<U>however</U>, that if on any Determination Date (A)&nbsp;the Administrator determines that the amount anticipated to be available from Interest Collections allocable to the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Notes and other
amounts available pursuant to Section&nbsp;2.3 to pay the sum of (x)&nbsp;the Class&nbsp;A Monthly Interest, the Class&nbsp;B Monthly Interest and the Class&nbsp;C Monthly Interest on the related Distribution Date, and (y)&nbsp;any unpaid
Class&nbsp;A Shortfall, Class&nbsp;B Shortfall and Class&nbsp;C Shortfall on such Distribution Date (together with interest on such Class&nbsp;A Shortfall, Class&nbsp;B Shortfall and Class&nbsp;C Shortfall), will be less than the sum of (I)&nbsp;the
Class&nbsp;A Monthly Interest for such Distribution Date, (II)&nbsp;the Class&nbsp;B Monthly Interest for such Distribution Date, (III)&nbsp;the Class&nbsp;C Monthly Interest for such Distribution Date and (IV)&nbsp;such Class&nbsp;A Shortfall,
Class&nbsp;B Shortfall and Class&nbsp;C Shortfall (together with interest thereon) and (B)&nbsp;the Class&nbsp;A/B/C Enhancement Amount is greater than zero, then the Administrator shall direct the Trustee in writing to reallocate a portion of the
Principal Collections allocated to the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Notes during the Related Month equal to the lesser of such insufficiency and the Class&nbsp;A/B/C Enhancement Amount to the Series <FONT
STYLE="white-space:nowrap">2018-2</FONT> Accrued Interest Account to be treated as Interest Collections on such Distribution Date; <U>provided</U>, <U>further</U>, <U>however</U>, that if on any Determination Date with respect to a Distribution Date
on which the Class&nbsp;A Notes, the Class&nbsp;B Notes and the Class&nbsp;C Notes will no longer be outstanding (after giving effect to all anticipated reductions in the Class&nbsp;A Invested Amount, the Class&nbsp;B Invested
</P>
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Amount and the Class&nbsp;C Invested Amount on such Distribution Date)&nbsp;(A) the Administrator determines that the amount anticipated to be available from Interest Collections allocable to the
Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Notes and other amounts available pursuant to Section&nbsp;2.3 to pay the sum of (x)&nbsp;the Class&nbsp;D Monthly Interest on the related Distribution Date and (y)&nbsp;any Class&nbsp;D
Shortfall on such Distribution Date (together with interest thereon), will be less than the sum of (I)&nbsp;the Class&nbsp;D Monthly Interest for such Distribution Date and (II)&nbsp;such Class&nbsp;D Shortfall (together with interest thereon) and
(B)&nbsp;the Class&nbsp;D Enhancement Amount is greater than zero, then the Administrator shall direct the Trustee in writing to reallocate a portion of the Principal Collections allocated to the Series <FONT STYLE="white-space:nowrap">2018-2</FONT>
Notes during the Related Month equal to the lesser of such insufficiency and the Class&nbsp;D Enhancement Amount to the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Accrued Interest Account to be treated as Interest Collections on such
Distribution Date. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(d) <U>Allocations of Collections after the Occurrence of an Event of Bankruptcy</U>. After the occurrence of an Event
of Bankruptcy with respect to ABCR, any other Lessee or any Permitted Sublessee, the Administrator will direct the Trustee in writing pursuant to the Administration Agreement to allocate, prior to 11:00 a.m. (New&nbsp;York City time) on any Series <FONT
STYLE="white-space:nowrap">2018-2</FONT> Deposit Date, all amounts attributable to the AESOP I Operating Lease Loan Agreement deposited into the Collection Account as set forth below: </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:9%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(i) allocate to the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Collection Account an amount equal to the Series <FONT
STYLE="white-space:nowrap">2018-2</FONT> AESOP I Operating Lease Vehicle Percentage as of the date of the occurrence of such Event of Bankruptcy of the aggregate amount of Interest Collections made under the AESOP I Operating Lease Loan Agreement
for such day. All such amounts allocated to the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Collection Account shall be further allocated to the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Accrued Interest Account; and </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:9%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(ii) allocate to the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Collection Account an amount equal to the Series <FONT
STYLE="white-space:nowrap">2018-2</FONT> AESOP I Operating Lease Vehicle Percentage as of the date of the occurrence of such Event of Bankruptcy of the aggregate amount of Principal Collections made under the AESOP I Operating Lease Loan Agreement,
which amount shall be used in accordance with <U>Section</U><U></U><U>&nbsp;2.5</U>, to make principal payments in respect of the Class&nbsp;A Notes until the Class&nbsp;A Notes have been paid in full, and after the Class&nbsp;A Notes have been paid
in full shall be used to make principal payments in respect of the Class&nbsp;B Notes until the Class&nbsp;B Notes have been paid in full, and after the Class&nbsp;A Notes and the Class&nbsp;B Notes have been paid in full shall be used to make
principal payments in respect of the Class&nbsp;C Notes until the Class&nbsp;C Notes have been paid in full and after the Class&nbsp;A Notes, the Class&nbsp;B Notes and the Class&nbsp;C Notes have been paid in full, shall be used to make principal
payments in respect of the Class&nbsp;D Notes until the Class&nbsp;D Notes have been paid in full and, after the Class&nbsp;A Notes, the Class&nbsp;B Notes, the Class&nbsp;C Notes and the Class&nbsp;D Notes have been paid in full, shall be used to
make principal payments in respect of the Class&nbsp;R Notes until the Class&nbsp;R Notes have been paid in full; <U>provided</U>, <U>however</U>, that if on any Determination Date (A)&nbsp;the Administrator determines that the amount anticipated to
be available from Interest Collections allocable to the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Notes and other amounts available pursuant to <U>Section</U><U></U><U>&nbsp;2.3</U> to pay the sum of (x)&nbsp;the Class&nbsp;A Monthly
Interest, the Class&nbsp;B Monthly Interest and the Class&nbsp;C Monthly Interest on the related Distribution Date, and (y)&nbsp;any unpaid Class&nbsp;A Shortfall, Class&nbsp;B Shortfall and Class&nbsp;C Shortfall on such
</P>
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Distribution Date (together with interest on such Class&nbsp;A Shortfall, Class&nbsp;B Shortfall and Class&nbsp;C Shortfall), will be less than the sum of (I)&nbsp;the Class&nbsp;A Monthly
Interest for such Distribution Date, (II)&nbsp;the Class&nbsp;B Monthly Interest for such Distribution Date, (III)&nbsp;the Class&nbsp;C Monthly Interest for such Distribution Date and (IV)&nbsp;such Class&nbsp;A Shortfall, Class&nbsp;B Shortfall
and Class&nbsp;C Shortfall (together with interest thereon) and (B)&nbsp;the Class&nbsp;A/B/C Enhancement Amount is greater than zero, then the Administrator shall direct the Trustee in writing to reallocate a portion of the Principal Collections
allocated to the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Notes during the Related Month equal to the lesser of such insufficiency and the Class&nbsp;A/B/C Enhancement Amount to the Series <FONT STYLE="white-space:nowrap">2018-2</FONT>
Accrued Interest Account to be treated as Interest Collections on such Distribution Date; <U>provided</U>, <U>further</U>, <U>however</U>, that if on any Determination Date with respect to a Distribution Date on which the Class&nbsp;A Notes, the
Class&nbsp;B Notes and the Class&nbsp;C Notes will no longer be outstanding (after giving effect to all anticipated reductions in the Class&nbsp;A Invested Amount, the Class&nbsp;B Invested Amount and the Class&nbsp;C Invested Amount on such
Distribution Date)&nbsp;(A) the Administrator determines that, after giving effect to the preceding proviso, the amount anticipated to be available from Interest Collections allocable to the Series <FONT STYLE="white-space:nowrap">2018-2</FONT>
Notes and other amounts available pursuant to <U>Section</U><U></U><U>&nbsp;2.3</U> to pay the sum of (x)&nbsp;the Class&nbsp;D Monthly Interest on the related Distribution Date, and (y)&nbsp;any Class&nbsp;D Shortfall on such Distribution Date
(together with interest thereon), will be less than the sum of (I)&nbsp;the Class&nbsp;D Monthly Interest for such Distribution Date and (II)&nbsp;such Class&nbsp;D Shortfall (together with interest thereon) and (B)&nbsp;the Class&nbsp;D Enhancement
Amount is greater than zero, then the Administrator shall direct the Trustee in writing to reallocate a portion of the Principal Collections allocated to the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Notes during the Related Month equal
to the lesser of such insufficiency and the Class&nbsp;D Enhancement Amount to the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Accrued Interest Account to be treated as Interest Collections on such Distribution Date. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(e) <U>Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Excess Collection Account</U>. Amounts allocated to the Series <FONT
STYLE="white-space:nowrap">2018-2</FONT> Excess Collection Account on any Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Deposit Date will be (v)&nbsp;first, deposited in the Class&nbsp;A/B/C Reserve Account in an amount up to the excess, if
any, of the Class&nbsp;A/B/C Required Reserve Account Amount for such date over the Class&nbsp;A/B/C Available Reserve Account Amount for such date, (w)&nbsp;second, deposited in the Class&nbsp;D Reserve Account in an amount up to the excess, if
any, of the Class&nbsp;D Required Reserve Account Amount for such date over the Class&nbsp;D Available Reserve Account Amount for such date, (x)&nbsp;third, used to pay the principal amount of other Series of Notes that are then in amortization,
(y)&nbsp;fourth, released to AESOP Leasing in an amount equal to the product of (A)&nbsp;the Loan Agreement&#146;s Share with respect to the AESOP I Operating Lease Loan Agreement as of such date and (B) 100% <U>minus</U> the Loan Payment Allocation
Percentage with respect to the AESOP I Operating Lease Loan Agreement as of such date and (C)&nbsp;the amount of any remaining funds and (z)&nbsp;fifth, paid to ABRCF for any use permitted by the Related Documents including to make Loans under the
Loan Agreements to the extent the Borrowers have requested Loans thereunder and Eligible Vehicles are available for financing thereunder; <U>provided</U>, <U>however</U>, that in the case of clauses (x), (y) and (z), that no Amortization Event,
Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Enhancement Deficiency or AESOP I Operating Lease Vehicle Deficiency would result therefrom or exist immediately thereafter. Upon the occurrence of an Amortization Event and once a Trust Officer
has actual knowledge of the Amortization Event, funds on deposit in the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Excess Collection Account will be withdrawn by the Trustee, deposited in the Series
<FONT STYLE="white-space:nowrap">2018-2</FONT> Collection Account and allocated as Principal Collections to reduce the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Invested Amount on the immediately succeeding Distribution Date. </P>
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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(f) <U>Allocations From Other Series</U>. Amounts allocated to other Series of Notes that
have been reallocated by ABRCF to the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Notes (i)&nbsp;during the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Revolving Period shall be allocated to the Series <FONT
STYLE="white-space:nowrap">2018-2</FONT> Excess Collection Account and applied in accordance with Section&nbsp;2.2(e) and (ii)&nbsp;during the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Controlled Amortization Period or the Series <FONT
STYLE="white-space:nowrap">2018-2</FONT> Rapid Amortization Period shall be allocated to the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Collection Account and applied in accordance with Section&nbsp;2.2(b) or 2.2(c), as applicable, to
make principal payments in respect of the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Notes. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(g) <U>Past Due Rent Payments</U>.
Notwithstanding the foregoing, if in the case of Section&nbsp;2.2(a) or (b), after the occurrence of a Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Lease Payment Deficit, the Lessees shall make payments of Monthly Base Rent or other amounts
payable by the Lessees under the Leases on or prior to the fifth Business Day after the occurrence of such Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Lease Payment Deficit (a &#147;<U>Past Due Rent Payment</U>&#148;), the Administrator
shall direct the Trustee in writing pursuant to the Administration Agreement to allocate to the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Collection Account an amount equal to the Series <FONT STYLE="white-space:nowrap">2018-2</FONT>
Invested Percentage as of the date of the occurrence of such Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Lease Payment Deficit of the Collections attributable to such Past Due Rent Payment (the &#147;<U>Series <FONT
STYLE="white-space:nowrap">2018-2</FONT> Past Due Rent Payment</U>&#148;). The Administrator shall instruct the Trustee in writing pursuant to the Administration Agreement to withdraw from the Series <FONT STYLE="white-space:nowrap">2018-2</FONT>
Collection Account and apply the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Past Due Rent Payment in the following order: </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:9%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(i) if the occurrence of such Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Lease Payment Deficit resulted in one or
more Lease Deficit Disbursements being made under the Class&nbsp;A/B/C Letters of Credit, pay to each Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Letter of Credit Provider who made such a Lease Deficit Disbursement under a Class&nbsp;A/B/C
Letter of Credit for application in accordance with the provisions of the applicable Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Reimbursement Agreement an amount equal to the lesser of (x)&nbsp;the unreimbursed amount of such Series <FONT
STYLE="white-space:nowrap">2018-2</FONT> Letter of Credit Provider&#146;s Lease Deficit Disbursement under a Class&nbsp;A/B/C Letter of Credit and (y)&nbsp;such Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Letter of Credit Provider&#146;s
Class&nbsp;A/B/C Pro Rata Share of the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Past Due Rent Payment; </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:9%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(ii)
if the occurrence of such Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Lease Payment Deficit resulted in a withdrawal being made from the Class&nbsp;A/B/C Cash Collateral Account, deposit in the Class&nbsp;A/B/C Cash Collateral Account an
amount equal to the lesser of (x)&nbsp;the amount of the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Past Due Rent Payment remaining after any payment pursuant to clause (i)&nbsp;above and (y)&nbsp;the amount withdrawn from the
Class&nbsp;A/B/C Cash Collateral Account on account of such Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Lease Payment Deficit; </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:9%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(iii) if the occurrence of such Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Lease Payment Deficit resulted in a
withdrawal being made from the Class&nbsp;A/B/C Reserve Account pursuant to Section&nbsp;2.3(d), deposit in the Class&nbsp;A/B/C Reserve Account an amount equal to the lesser of (x)&nbsp;the amount of the Series
<FONT STYLE="white-space:nowrap">2018-2</FONT> Past Due Rent Payment remaining after any payments pursuant to clauses (i)&nbsp;and (ii) above and (y)&nbsp;the excess, if any, of the Class&nbsp;A/B/C Required Reserve Account Amount over the
Class&nbsp;A/B/C Available Reserve Account Amount on such day; </P>
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 <P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:9%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(iv) if the occurrence of such Series
<FONT STYLE="white-space:nowrap">2018-2</FONT> Lease Payment Deficit resulted in one or more Lease Deficit Disbursements being made under the Class&nbsp;D Letters of Credit, pay to each Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Letter of
Credit Provider who made such a Lease Deficit Disbursement under a Class&nbsp;D Letter of Credit for application in accordance with the provisions of the applicable Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Reimbursement Agreement an
amount equal to the lesser of (x)&nbsp;the unreimbursed amount of such Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Letter of Credit Provider&#146;s Lease Deficit Disbursement under a Class&nbsp;D Letter of Credit and (y)&nbsp;such Series <FONT
STYLE="white-space:nowrap">2018-2</FONT> Letter of Credit Provider&#146;s Class&nbsp;D Pro Rata Share of the amount of the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Past Due Rent Payment remaining after any payment pursuant to clauses
(i)&nbsp;through (iii) above </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:9%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(v) if the occurrence of such Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Lease
Payment Deficit resulted in a withdrawal being made from the Class&nbsp;D Cash Collateral Account, deposit in the Class&nbsp;D Cash Collateral Account an amount equal to the lesser of (x)&nbsp;the amount of the Series
<FONT STYLE="white-space:nowrap">2018-2</FONT> Past Due Rent Payment remaining after any payment pursuant to clause (i)&nbsp;through (iv) above and (y)&nbsp;the amount withdrawn from the Class&nbsp;D Cash Collateral Account on account of such Series
<FONT STYLE="white-space:nowrap">2018-2</FONT> Lease Payment Deficit; </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:9%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(vi) if the occurrence of such Series <FONT
STYLE="white-space:nowrap">2018-2</FONT> Lease Payment Deficit resulted in a withdrawal being made from the Class&nbsp;D Reserve Account pursuant to Section&nbsp;2.3(d), deposit in the Class&nbsp;D Reserve Account an amount equal to the lesser of
(x)&nbsp;the amount of the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Past Due Rent Payment remaining after any payments pursuant to clauses (i)&nbsp;through (v) above and (y)&nbsp;the excess, if any, of the Class&nbsp;D Required Reserve
Account Amount over the Class&nbsp;D Available Reserve Account Amount on such day; </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:9%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(vii) allocate to the Series <FONT
STYLE="white-space:nowrap">2018-2</FONT> Accrued Interest Account the amount, if any, by which the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Lease Interest Payment Deficit, if any, relating to such Series
<FONT STYLE="white-space:nowrap">2018-2</FONT> Lease Payment Deficit exceeds the amount of the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Past Due Rent Payment applied pursuant to clauses (i)&nbsp;(vi) above; and </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:9%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(viii) treat the remaining amount of the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Past Due Rent Payment as
Principal Collections allocated to the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Notes in accordance with Section&nbsp;2.2(a)(ii) or 2.2(b)(ii), as the case may be. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;2.3. <U>Payments to Noteholders</U>. On each Determination Date, as provided below, the Administrator shall instruct the Paying
Agent in writing pursuant to the Administration Agreement to withdraw, and on the following Distribution Date the Paying Agent, acting in accordance with such instructions, shall withdraw the amounts required to be withdrawn from the Collection
Account pursuant to Section&nbsp;2.3(a) below in respect of all funds available from Interest Collections processed since the preceding Distribution Date and allocated to the holders of the Series <FONT STYLE="white-space:nowrap">2018-2</FONT>
Notes. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(a) <U>Note Interest with Respect to the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Notes</U>. On each Determination
Date, the Administrator shall instruct the Trustee and the Paying Agent in writing pursuant to the Administration Agreement as to the amount to be withdrawn and paid pursuant to Section&nbsp;2.4 from the Series
<FONT STYLE="white-space:nowrap">2018-2</FONT> Accrued Interest Account to the extent funds are anticipated to </P>
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be available from Interest Collections allocable to the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Notes processed from but not including the preceding Distribution Date through the
succeeding Distribution Date in respect of (i)&nbsp;an amount equal to the Class&nbsp;A Monthly Interest for the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Interest Period ending on the day preceding the related Distribution Date,
(ii)&nbsp;an amount equal to the amount of any unpaid Class&nbsp;A Shortfall as of the preceding Distribution Date (together with any accrued interest on such Class&nbsp;A Shortfall), (iii) an amount equal to the Class&nbsp;B Monthly Interest for
the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Interest Period ending on the day preceding the related Distribution Date, (iv)&nbsp;an amount equal to the amount of any unpaid Class&nbsp;B Shortfall as of the preceding Distribution Date
(together with any accrued interest on such Class&nbsp;B Shortfall), (v) an amount equal to the Class&nbsp;C Monthly Interest for the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Interest Period ending on the day preceding the related
Distribution Date, (vi)&nbsp;an amount equal to the amount of any unpaid Class&nbsp;C Shortfall as of the preceding Distribution Date (together with any accrued interest on such Class&nbsp;C Shortfall), (vii) an amount equal to the Class&nbsp;D
Monthly Interest for the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Interest Period ending on the day preceding the related Distribution Date, (viii)&nbsp;an amount equal to the amount of any unpaid Class&nbsp;D Shortfall as of the
preceding Distribution Date (together with any accrued interest on such Class&nbsp;D Shortfall), (ix) an amount equal to the Class&nbsp;R Monthly Interest for the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Interest Period ending on the
day preceding the related Distribution Date and (x)&nbsp;an amount equal to the amount of any unpaid Class&nbsp;R Shortfall as of the preceding Distribution Date (together with any accrued interest on such Class&nbsp;R Shortfall). On the following
Distribution Date, the Trustee shall withdraw the amounts described in the first sentence of this Section&nbsp;2.3(a) from the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Accrued Interest Account and deposit such amounts in the Series <FONT
STYLE="white-space:nowrap">2018-2</FONT> Distribution Account. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(b) <U>Lease Payment Deficit Notice</U>. On or before 3:00 p.m. (New York
City time) on the Business Day immediately preceding each Distribution Date, the Administrator shall notify the Trustee of the amount of any Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Lease Payment Deficit, such notification to be in the
form of <U>Exhibit H</U> (each a &#147;<U>Lease Payment Deficit Notice</U>&#148;). </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(c) <U>Draws on Series
<FONT STYLE="white-space:nowrap">2018-2</FONT> Letters of Credit For Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Lease Interest Payment Deficits</U>. If the Administrator determines on the Business Day immediately preceding any
Distribution Date that on such Distribution Date there will exist a Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Lease Interest Payment Deficit, the Administrator shall: </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:9%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(i) on or prior to 3:00 p.m. (New York City time) on such Business Day, instruct the Trustee in writing to draw on the
Class&nbsp;A/B/C Letters of Credit, if any, and, the Trustee shall, by 5:00 p.m. (New York City time) on such Business Day draw an amount as set forth in such notice equal to (I)&nbsp;so long as any Class&nbsp;A Notes, any Class&nbsp;B Notes or any
Class&nbsp;C Notes remain outstanding, the least of (x)&nbsp;the excess, if any, of such Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Lease Interest Payment Deficit over the sum of (1)&nbsp;the amounts described in clauses (vii)&nbsp;and
(viii) of Section&nbsp;2.3(a) above and (2)&nbsp;during the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Rapid Amortization Period, the product of the Class&nbsp;D Percentage and the Series <FONT STYLE="white-space:nowrap">2018-2</FONT>
Trustee&#146;s Fees for such Distribution Date, (y)&nbsp;the excess, if any, of (A)&nbsp;the sum of (1)&nbsp;the amounts described in clauses (i)&nbsp;through (vi) of Section&nbsp;2.3(a) above for such Distribution Date and (2)&nbsp;during the
Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Rapid Amortization Period, the product of the Class&nbsp;A/B/C Percentage and the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Trustee&#146;s Fees for such Distribution Date, over
(B)&nbsp;the amounts available from the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Accrued Interest Account and (z)&nbsp;the Class&nbsp;A/B/C Letter of Credit Liquidity Amount or (II)&nbsp;if no Class&nbsp;A Notes, Class&nbsp;B Notes or
Class&nbsp;C Notes remain outstanding, the least of (x)&nbsp;such Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Lease Interest </P>
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Payment Deficit, (y)&nbsp;the excess, if any, of (A)&nbsp;the sum of (1)&nbsp;the amounts described in clauses (i)&nbsp;through (viii) of Section&nbsp;2.3(a) above for such Distribution Date and
(2)&nbsp;during the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Rapid Amortization Period, the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Trustee&#146;s Fees for such Distribution Date, over (B)&nbsp;the amounts available from
the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Accrued Interest Account and (z)&nbsp;the Class&nbsp;A/B/C Letter of Credit Liquidity Amount, in either case, on the Class&nbsp;A/B/C Letter of Credit by presenting to each Series <FONT
STYLE="white-space:nowrap">2018-2</FONT> Letter of Credit Provider with respect to a Class&nbsp;A/B/C Letter of Credit a draft accompanied by a Certificate of Lease Deficit Demand and shall cause the Lease Deficit Disbursements to be deposited in
the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Distribution Account on such date; <U>provided</U>, <U>however</U>, that if the Class&nbsp;A/B/C Cash Collateral Account has been established and funded, the Trustee shall withdraw from the
Class&nbsp;A/B/C Cash Collateral Account and deposit in the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Distribution Account an amount equal to the lesser of (x)&nbsp;the Class&nbsp;A/B/C Cash Collateral Percentage on such date of the
least of the amounts described in clauses (I)(x), (y) and (z)&nbsp;above or clauses (II)(x), (y) and (z)&nbsp;above, as applicable, and (y)&nbsp;the Class&nbsp;A/B/C Available Cash Collateral Account Amount on such date and draw an amount equal to
the remainder of such amount on the Class&nbsp;A/B/C Letters of Credit; and </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:9%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(ii) on or prior to 3:00 p.m. (New York City
time) on such Business Day, instruct the Trustee in writing to draw on the Class&nbsp;D Letters of Credit, if any, and, the Trustee shall, by 5:00 p.m. (New York City time) on such Business Day draw an amount as set forth in such notice equal to the
least of (x)&nbsp;such Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Lease Interest Payment Deficit, (y)&nbsp;the excess, if any, of (A)&nbsp;the sum of (1)&nbsp;the amounts described in clauses (vii)&nbsp;and (viii) of Section&nbsp;2.3(a)
above for such Distribution Date and (2)&nbsp;during the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Rapid Amortization Period, the product of the Class&nbsp;D Percentage and the Series <FONT STYLE="white-space:nowrap">2018-2</FONT>
Trustee&#146;s Fees for such Distribution Date, over (B)&nbsp;the excess of (1)&nbsp;the sum of (X)&nbsp;the amounts available from the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Accrued Interest Account and (Y)&nbsp;the amount drawn on
the Class&nbsp;A/B/C Letters of Credit (and/or withdrawn from the Class&nbsp;A/B/C Cash Collateral Account) pursuant to Section&nbsp;2.3(c)(i) above over (2)&nbsp;the sum of (X)&nbsp;the amounts described in clauses (i)&nbsp;through (vi) of
Section&nbsp;2.3(a) above for such Distribution Date and (Y)&nbsp;during the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Rapid Amortization Period, the product of the Class&nbsp;A/B/C Percentage and the Series <FONT
STYLE="white-space:nowrap">2018-2</FONT> Trustee&#146;s Fees for such Distribution Date and (z)&nbsp;the Class&nbsp;D Letter of Credit Liquidity Amount on the Class&nbsp;D Letters of Credit by presenting to each Series
<FONT STYLE="white-space:nowrap">2018-2</FONT> Letter of Credit Provider with respect to a Class&nbsp;D Letter of Credit a draft accompanied by a Certificate of Lease Deficit Demand and shall cause the Lease Deficit Disbursements to be deposited in
the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Distribution Account on such date; <U>provided</U>, <U>however</U>, that if the Class&nbsp;D Cash Collateral Account has been established and funded, the Trustee shall withdraw from the
Class&nbsp;D Cash Collateral Account and deposit in the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Distribution Account an amount equal to the lesser of (x)&nbsp;the Class&nbsp;D Cash Collateral Percentage on such date of the least of the
amounts described in clauses (x), (y) and (z)&nbsp;above and (y)&nbsp;the Class&nbsp;D Available Cash Collateral Account Amount on such date and draw an amount equal to the remainder of such amount on the Class&nbsp;D Letters of Credit. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(d) <U>Withdrawals from Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Reserve Accounts</U>. If the Administrator determines on any
Distribution Date that the amounts available from the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Accrued Interest Account <U>plus</U> the amount, if any, to be drawn under the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Letters
of Credit and/or withdrawn from the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Cash Collateral Accounts pursuant to Section&nbsp;2.3(c) are </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">41 </P>

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insufficient to pay the sum of (A)&nbsp;the amounts described in clauses (i)&nbsp;through (viii) of Section&nbsp;2.3(a) above on such Distribution Date and (B)&nbsp;during the Series <FONT
STYLE="white-space:nowrap">2018-2</FONT> Rapid Amortization Period, the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Trustee&#146;s Fees for such Distribution Date, the Administrator shall: </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:9%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(i) instruct the Trustee in writing to withdraw from the Class&nbsp;A/B/C Reserve Account and deposit in the Series <FONT
STYLE="white-space:nowrap">2018-2</FONT> Distribution Account on such Distribution Date an amount equal to the lesser of (x)&nbsp;the Class&nbsp;A/B/C Available Reserve Account Amount and (y)&nbsp;the excess of (A)&nbsp;either (I) so long as any
Class&nbsp;A Notes, any Class&nbsp;B or any Class&nbsp;C Notes remain outstanding, the sum of (1)&nbsp;the amounts described in clauses (i)&nbsp;through (vi) of Section&nbsp;2.3(a) above with respect to such Distribution Date and (2)&nbsp;during the
Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Rapid Amortization Period, the product of the Class&nbsp;A/B/C Percentage and the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Trustee&#146;s Fees for such Distribution Date or
(II)&nbsp;if no Class&nbsp;A Notes, Class&nbsp;B Notes or Class&nbsp;C Notes remain outstanding, the sum of (1)&nbsp;the amounts described in clauses (i)&nbsp;through (viii) of Section&nbsp;2.3(a) above with respect to such Distribution Date and
(2)&nbsp;during the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Rapid Amortization Period, the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Trustee&#146;s Fees for such Distribution Date over (B)&nbsp;the sum of (1)&nbsp;the
amounts available from the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Accrued Interest Account and (2)&nbsp;the amount drawn on the Class&nbsp;A/B/C Letters of Credit and/or withdrawn from the Class&nbsp;A/B/C Cash Collateral Account with
respect to such Distribution Date in accordance with Section&nbsp;2.3(c)(i) above. The Trustee shall withdraw such amount from the Class&nbsp;A/B/C Reserve Account and deposit such amount in the Series <FONT STYLE="white-space:nowrap">2018-2</FONT>
Distribution Account; and </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:9%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(ii) instruct the Trustee in writing to withdraw from the Class&nbsp;D Reserve Account and
deposit in the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Distribution Account on such Distribution Date an amount equal to the lesser of (x)&nbsp;the Class&nbsp;D Available Reserve Account Amount and (y)&nbsp;the excess of (A)&nbsp;the
sum of (1)&nbsp;the amounts described in clauses (vii)&nbsp;and (viii) of Section&nbsp;2.3(a) above with respect to such Distribution Date and (2)&nbsp;during the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Rapid Amortization Period, the
product of the Class&nbsp;D Percentage and the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Trustee&#146;s Fees for such Distribution Date over (B)&nbsp;the excess with respect to such Distribution Date of (1)&nbsp;the sum of (W)&nbsp;the
amounts available from the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Accrued Interest Account, (X)&nbsp;the amount drawn on the Class&nbsp;A/B/C Letters of Credit (and/or withdrawn from the Class&nbsp;A/B/C Cash Collateral Account) in
accordance with Section&nbsp;2.3(c)(i) above, (Y)&nbsp;the amount drawn on the Class&nbsp;D Letters of Credit (and/or withdrawn from the Class&nbsp;D Cash Collateral Account) in accordance with Section&nbsp;2.3(c)(ii) above and (Z)&nbsp;the amount
withdrawn from the Class&nbsp;A/B/C Reserve Account in accordance with Section&nbsp;2.3(d)(i) over (2)&nbsp;the sum of (X)&nbsp;the amounts described in clauses (i)&nbsp;through (vi) of Section&nbsp;2.3(a) above for such Distribution Date and
(Y)&nbsp;during the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Rapid Amortization Period, the product of the Class&nbsp;A/B/C Percentage and the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Trustee&#146;s Fees for such
Distribution Date. The Trustee shall withdraw such amount from the Class&nbsp;D Reserve Account and deposit such amount in the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Distribution Account. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(e) [RESERVED] </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(f)
<U>Balance</U>. On or prior to the second Business Day preceding each Distribution Date, the Administrator shall instruct the Trustee and the Paying Agent in writing </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">42 </P>

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pursuant to the Administration Agreement to pay the balance (after making the payments required in Section&nbsp;2.4), if any, of the amounts available from the Series <FONT
STYLE="white-space:nowrap">2018-2</FONT> Accrued Interest Account and the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Distribution Account, <U>plus</U> the amount, if any, drawn under the Series
<FONT STYLE="white-space:nowrap">2018-2</FONT> Letters of Credit and/or withdrawn from the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Cash Collateral Accounts pursuant to Section&nbsp;2.3(c) <U>plus</U> the amount, if any, withdrawn from
the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Reserve Accounts pursuant to Section&nbsp;2.3(d) as follows: </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:9%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(i)
on each Distribution Date during the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Revolving Period or the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Controlled Amortization Period, (1)&nbsp;first, to the Administrator, an amount
equal to the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Percentage as of the beginning of the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Interest Period ending on the day preceding such Distribution Date of the portion of the
Monthly Administration Fee payable by ABRCF (as specified in clause (iii)&nbsp;of the definition thereof) for such Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Interest Period, (2)&nbsp;second, to the Trustee, an amount equal to the Series <FONT
STYLE="white-space:nowrap">2018-2</FONT> Percentage as of the beginning of such Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Interest Period of the fees owing to the Trustee under the Base Indenture for such Series <FONT
STYLE="white-space:nowrap">2018-2</FONT> Interest Period, (3)&nbsp;third to pay any Carrying Charges (other than Carrying Charges provided for above) to the Persons to whom such amounts are owed, an amount equal to the Series <FONT
STYLE="white-space:nowrap">2018-2</FONT> Percentage as of the beginning of such Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Interest Period of such Carrying Charges (other than Carrying Charges provided for above) for such Series <FONT
STYLE="white-space:nowrap">2018-2</FONT> Interest Period and (4)&nbsp;fourth, the balance, if any, shall be withdrawn by the Paying Agent from the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Collection Account and deposited in the Series <FONT
STYLE="white-space:nowrap">2018-2</FONT> Excess Collection Account; and </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:9%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(ii) on each Distribution Date during the Series <FONT
STYLE="white-space:nowrap">2018-2</FONT> Rapid Amortization Period, (1)&nbsp;first, to the Trustee, an amount equal to the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Percentage as of the beginning of such Series <FONT
STYLE="white-space:nowrap">2018-2</FONT> Interest Period ending on the day preceding such Distribution Date of the fees owing to the Trustee under the Base Indenture for such Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Interest Period,
(2)&nbsp;second, to the Administrator, an amount equal to the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Percentage as of the beginning of such Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Interest Period of the portion of the
Monthly Administration Fee (as specified in clause (iii)&nbsp;of the definition thereof) payable by ABRCF for such Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Interest Period, (3)&nbsp;third, to pay any Carrying Charges (other than
Carrying Charges provided for above) to the Persons to whom such amounts are owed, an amount equal to the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Percentage as of the beginning of such Series
<FONT STYLE="white-space:nowrap">2018-2</FONT> Interest Period of such Carrying Charges (other than Carrying Charges provided for above) for such Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Interest Period and (4)&nbsp;fourth, so long as
the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Invested Amount is greater than the Monthly Total Principal Allocations for the Related Month, an amount equal to the excess of the Series <FONT STYLE="white-space:nowrap">2018-2</FONT>
Invested Amount over the Monthly Total Principal Allocations for the Related Month shall be treated as Principal Collections. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(g)
<U>Shortfalls</U>. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:9%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(i) If the amounts described in Section&nbsp;2.3 are insufficient to pay the Class&nbsp;A Monthly
Interest on any Distribution Date, payments of interest to the Class&nbsp;A Noteholders will be reduced on a <U>pro</U> <U>rata</U> basis by the amount of such deficiency. The aggregate amount, if any, of such deficiency on any Distribution Date,
together with the aggregate unpaid amount of any such deficiencies with respect to all prior Distribution Dates, shall be referred to as the &#147;<U>Class</U><U></U><U>&nbsp;A Shortfall</U>&#148;. Interest shall accrue on the Class&nbsp;A Shortfall
at the Class&nbsp;A Note Rate. </P>
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 <P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:9%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(ii) If the amounts described in Section&nbsp;2.3 are insufficient to pay
the amounts described in clauses (i)&nbsp;and (ii) of Section&nbsp;2.3(a) and the Class&nbsp;B Monthly Interest on any Distribution Date, payments of interest to the Class&nbsp;B Noteholders will be reduced on a <U>pro</U> <U>rata</U> basis by the
amount of such deficiency. The aggregate amount, if any, of such deficiency on any Distribution Date (which deficiency on any Distribution Date shall not exceed the Class&nbsp;B Monthly Interest for the Series
<FONT STYLE="white-space:nowrap">2018-2</FONT> Interest Period ended on the day preceding such Distribution Date), together with the aggregate unpaid amount of any such deficiencies with respect to all prior Distribution Dates, shall be referred to
as the &#147;<U>Class</U><U></U><U>&nbsp;B Shortfall</U>&#148;. Interest shall accrue on the Class&nbsp;B Shortfall at the Class&nbsp;B Note Rate. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:9%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(iii) If the amounts described in Section&nbsp;2.3 are insufficient to pay the amounts described in clauses (i)&nbsp;through
(iv) of Section&nbsp;2.3(a) and the Class&nbsp;C Monthly Interest on any Distribution Date, payments of interest to the Class&nbsp;C Noteholders will be reduced on a <U>pro</U> <U>rata</U> basis by the amount of such deficiency. The aggregate
amount, if any, of such deficiency on any Distribution Date (which deficiency on any Distribution Date shall not exceed the Class&nbsp;C Monthly Interest for the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Interest Period ended on the day
preceding such Distribution Date), together with the aggregate unpaid amount of any such deficiencies with respect to all prior Distribution Dates, shall be referred to as the &#147;<U>Class</U><U></U><U>&nbsp;C Shortfall</U>&#148;. Interest shall
accrue on the Class&nbsp;C Shortfall at the Class&nbsp;C Note Rate. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:9%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(iv) If the amounts described in Section&nbsp;2.3 are
insufficient to pay the amounts described in clauses (i)&nbsp;through (iv) of Section&nbsp;2.3(a) and the Class&nbsp;D Monthly Interest on any Distribution Date, payments of interest to the Class&nbsp;D Noteholders will be reduced on a <U>pro</U>
<U>rata</U> basis by the amount of such deficiency. The aggregate amount, if any, of such deficiency on any Distribution Date (which deficiency on any Distribution Date shall not exceed the Class&nbsp;D Monthly Interest for the Series <FONT
STYLE="white-space:nowrap">2018-2</FONT> Interest Period ended on the day preceding such Distribution Date), together with the aggregate unpaid amount of any such deficiencies with respect to all prior Distribution Dates, shall be referred to as the
&#147;<U>Class</U><U></U><U>&nbsp;D Shortfall</U>&#148;. Interest shall accrue on the Class&nbsp;D Shortfall at the Class&nbsp;D Note Rate. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:9%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(v) If the amounts described in Section&nbsp;2.3 are insufficient to pay the amounts described in clauses (i)&nbsp;through (vi)
of Section&nbsp;2.3(a) and the Class&nbsp;R Monthly Interest on any Distribution Date, payments of interest to the Class&nbsp;R Noteholders will be reduced on a <U>pro</U> <U>rata</U> basis by the amount of such deficiency. The aggregate amount, if
any, of such deficiency on any Distribution Date (which deficiency on any Distribution Date shall not exceed the Class&nbsp;R Monthly Interest for the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Interest Period ended on the day preceding
such Distribution Date), together with the aggregate unpaid amount of any such deficiencies with respect to all prior Distribution Dates, shall be referred to as the &#147;<U>Class</U><U></U><U>&nbsp;R Shortfall</U>&#148;. Interest shall accrue on
the Class&nbsp;R Shortfall at the Class&nbsp;R Note Rate. </P>
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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;2.4. <U>Payment of Note Interest</U>. (a)&nbsp;On each Distribution Date,
subject to Section&nbsp;9.8 of the Base Indenture, the Paying Agent shall, in accordance with Section&nbsp;6.1 of the Base Indenture, pay the following amounts in the following order of priority from amounts deposited into the Series <FONT
STYLE="white-space:nowrap">2018-2</FONT> Distribution Account pursuant to Section&nbsp;2.3: </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:9%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(i) <U>first</U>, to the
Class&nbsp;A Noteholders, the amounts due to the Class&nbsp;A Noteholders described in Sections 2.3(a)(i) and (ii); </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:9%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(ii)
<U>second</U>, to the Class&nbsp;B Noteholders, the amounts due to the Class&nbsp;B Noteholders described in Sections 2.3(a)(iii) and (iv); </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:9%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(iii) <U>third</U>, to the Class&nbsp;C Noteholders, the amounts due to the Class&nbsp;C Noteholders described in Sections
2.3(a)(v) and (vi); </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:9%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(iv) <U>fourth</U>, to the Class&nbsp;D Noteholders, the amounts due to the Class&nbsp;D Noteholders
described in Sections 2.3(a)(vii) and (viii); and </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:9%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(v) <U>fifth</U>, to the Class&nbsp;R Noteholders, the amounts due to
the Class&nbsp;R Noteholders described in Sections 2.3(a)(ix) and&nbsp;(x). </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;2.5. <U>Payment of Note Principal</U>.
(a)<U>&nbsp;Monthly Payments During Controlled Amortization Period or Rapid Amortization Period</U>. On each Determination Date, commencing on the second Determination Date during the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Controlled
Amortization Period or the first Determination Date after the commencement of the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Rapid Amortization Period, the Administrator shall instruct the Trustee and the Paying Agent in writing pursuant
to the Administration Agreement and in accordance with this Section&nbsp;2.5 as to (1)&nbsp;the amount allocated to the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Notes during the Related Month pursuant to Section&nbsp;2.2(b)(ii), (c)(ii)
or (d)(ii), as the case may be, (2)&nbsp;any amounts to be drawn on the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Demand Notes and/or on the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Letters of Credit (or withdrawn from the
Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Cash Collateral Accounts) pursuant to this Section&nbsp;2.5 and (3)&nbsp;any amounts to be withdrawn from the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Reserve Accounts pursuant to
this Section&nbsp;2.5 and deposited into the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Distribution Account. On the Distribution Date following each such Determination Date, the Trustee shall withdraw the amount allocated to the Series <FONT
STYLE="white-space:nowrap">2018-2</FONT> Notes during the Related Month pursuant to Section&nbsp;2.2(b)(ii), (c)(ii) or (d)(ii), as the case may be, from the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Collection Account and deposit such
amount in the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Distribution Account, to be paid to the holders of the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Notes. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(b) <U>Principal Draws on Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Letters of Credit</U>. If the Administrator determines on the
Business Day immediately preceding any Distribution Date during the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Rapid Amortization Period that on such Distribution Date there will exist a Series
<FONT STYLE="white-space:nowrap">2018-2</FONT> Lease Principal Payment Deficit, the Administrator shall instruct the Trustee in writing to: </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(i) so long as any Class&nbsp;A Notes, any Class&nbsp;B Notes or any Class&nbsp;C Notes remain outstanding, draw on the
Class&nbsp;A/B/C Letters of Credit, if any, as provided in this clause (i). Upon receipt of a notice by the Trustee from the Administrator in respect of a Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Lease Principal Payment Deficit on or
prior to 3:00 p.m. (New York City time) on the Business Day immediately preceding a Distribution Date, the Trustee shall, </P>
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by 5:00 p.m. (New York City time) on such Business Day draw an amount as set forth in such notice equal to the least of (i)&nbsp;such Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Lease
Principal Payment Deficit, (ii)&nbsp;the Class&nbsp;A/B/C Principal Deficit Amount for such Distribution Date and (iii)&nbsp;the Class&nbsp;A/B/C Letter of Credit Liquidity Amount on the Class&nbsp;A/B/C Letters of Credit by presenting to each
Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Letter of Credit Provider with respect to a Class&nbsp;A/B/C Letter of Credit a draft accompanied by a Certificate of Lease Deficit Demand and shall cause the Lease Deficit Disbursements to be
deposited in the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Distribution Account on such date; <U>provided</U>, <U>however</U>, that if the Class&nbsp;A/B/C Cash Collateral Account has been established and funded, the Trustee shall
withdraw from the Class&nbsp;A/B/C Cash Collateral Account and deposit in the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Distribution Account an amount equal to the lesser of (x)&nbsp;the Class&nbsp;A/B/C Cash Collateral Percentage for
such date of the lesser of the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Lease Principal Payment Deficit and the Class&nbsp;A/B/C Principal Deficit Amount for such Distribution Date and (y)&nbsp;the Class&nbsp;A/B/C Available Cash
Collateral Account Amount on such date and draw an amount equal to the remainder of such amount on the Class&nbsp;A/B/C Letters of Credit. Notwithstanding any of the preceding to the contrary, during the period after the date of the filing by any of
the Lessees of a petition for relief under Chapter 11 of the Bankruptcy Code until the date on which each of the Lessees shall have resumed making all payments of the portion of Monthly Base Rent relating to Loan Interest required to be made under
the AESOP I Operating Lease, the Administrator shall only instruct the Trustee to draw on the Class&nbsp;A/B/C Letters of Credit (or withdraw from the Class&nbsp;A/B/C Cash Collateral Account, if applicable) pursuant to this Section&nbsp;2.5(b)(i),
and if such instruction from the Administrator references this Section&nbsp;2.5(b)(i), the Trustee shall only draw (or withdraw), an amount equal to the lesser of (x)&nbsp;the amount determined as provided in the preceding sentence and (y)&nbsp;the
excess, if any, of (A)&nbsp;the Class&nbsp;A/B/C Liquidity Amount on such date over (B)&nbsp;the Class&nbsp;A/B/C Required Liquidity Amount on such date; </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(ii) if, after giving effect to any payments to be made on such Distribution Date, the Class&nbsp;A Notes, the Class&nbsp;B
Notes and the Class&nbsp;C Notes will have been paid in full, draw on the Class&nbsp;A/B/C Letters of Credit, if any, as provided in this clause (ii). Upon receipt of a notice by the Trustee from the Administrator in respect of a Series <FONT
STYLE="white-space:nowrap">2018-2</FONT> Lease Principal Payment Deficit on or prior to 3:00 p.m. (New York City time) on the Business Day immediately preceding a Distribution Date, the Trustee shall, by 5:00 p.m. (New York City time) on such
Business Day draw an amount as set forth in such notice equal to the least of (x)&nbsp;the excess of (A)&nbsp;such Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Lease Principal Payment Deficit over (B)&nbsp;the amount, if any, to be drawn on
the Class&nbsp;A/B/C Letters of Credit and/or withdrawn from the Class&nbsp;A/B/C Cash Collateral Account on such Distribution Date in accordance with Section&nbsp;2.5(b)(i), (y) the Class&nbsp;D Principal Deficit Amount for such Distribution Date
and (z)&nbsp;the Class&nbsp;A/B/C Letter of Credit Liquidity Amount (after giving effect to any draws the Class&nbsp;A/B/C Letters of Credit and/or withdrawals from the Class&nbsp;A/B/C Cash Collateral Account on such Distribution Date in accordance
with Section&nbsp;2.5(b)(i)) on the Class&nbsp;A/B/C Letters of Credit by presenting to each Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Letter of Credit Provider with respect to a Class&nbsp;A/B/C Letter of Credit a draft accompanied by a
Certificate of Lease Deficit Demand and shall cause the Lease Deficit Disbursements to be deposited in the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Distribution Account on such date; <U>provided</U>, <U>however</U>, that if the
Class&nbsp;A/B/C Cash Collateral Account has been established and funded, the Trustee </P>
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shall withdraw from the Class&nbsp;A/B/C Cash Collateral Account and deposit in the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Distribution Account an amount equal to the lesser of
(x)&nbsp;the Class&nbsp;A/B/C Cash Collateral Percentage for such date of the lesser of (A)&nbsp;the excess of (1)&nbsp;the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Lease Principal Payment Deficit over (2)&nbsp;the amount, if any, to be
drawn on the Class&nbsp;A/B/C Letters of Credit and/or withdrawn from the Class&nbsp;A/B/C Cash Collateral Account on such Distribution Date in accordance with Section&nbsp;2.5(b)(i) and (B)&nbsp;the Class&nbsp;D Principal Deficit Amount for such
Distribution Date and (y)&nbsp;the Class&nbsp;A/B/C Available Cash Collateral Account Amount on such date (after giving effect to any withdrawals from the Class&nbsp;A/B/C Cash Collateral Account on such Distribution Date in accordance with
Section&nbsp;2.5(b)(i)) and draw an amount equal to the remainder of such amount on the Class&nbsp;A/B/C Letters of Credit; </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(iii) if, after giving effect to any payments to be made on such Distribution Date, the Class&nbsp;A Notes, the Class&nbsp;B
Notes and the Class&nbsp;C Notes will have been paid in full, draw on the Class&nbsp;D Letters of Credit, if any, as provided in this clause (iii). Upon receipt of a notice by the Trustee from the Administrator in respect of a Series <FONT
STYLE="white-space:nowrap">2018-2</FONT> Lease Principal Payment Deficit on or prior to 3:00 p.m. (New York City time) on the Business Day immediately preceding a Distribution Date, the Trustee shall, by 5:00 p.m. (New York City time) on such
Business Day draw an amount as set forth in such notice equal to the least of (x)&nbsp;the excess of (A)&nbsp;such Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Lease Principal Payment Deficit over (B)&nbsp;the amount, if any, to be drawn on
the Class&nbsp;A/B/C Letters of Credit and/or withdrawn from the Class&nbsp;A/B/C Cash Collateral Account on such Distribution Date in accordance with Section&nbsp;2.5(b)(i) and/or (ii), (y) the Class&nbsp;D Principal Deficit Amount for such
Distribution Date and (z)&nbsp;the Class&nbsp;D Letter of Credit Liquidity Amount on the Class&nbsp;D Letters of Credit by presenting to each Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Letter of Credit Provider with respect to a
Class&nbsp;D Letter of Credit a draft accompanied by a Certificate of Lease Deficit Demand and shall cause the Lease Deficit Disbursements to be deposited in the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Distribution Account on such
date; <U>provided</U>, <U>however</U>, that if the Class&nbsp;D Cash Collateral Account has been established and funded, the Trustee shall withdraw from the Class&nbsp;D Cash Collateral Account and deposit in the Series <FONT
STYLE="white-space:nowrap">2018-2</FONT> Distribution Account an amount equal to the lesser of (x)&nbsp;the Class&nbsp;D Cash Collateral Percentage for such date of the lesser of (A)&nbsp;the excess of (1)&nbsp;the Series <FONT
STYLE="white-space:nowrap">2018-2</FONT> Lease Principal Payment Deficit over (2)&nbsp;the amount, if any, to be drawn on the Class&nbsp;A/B/C Letters of Credit and/or withdrawn from the Class&nbsp;A/B/C Cash Collateral Account on such Distribution
Date in accordance with Section&nbsp;2.5(b)(i) and/or (ii)&nbsp;and (B) the Class&nbsp;D Principal Deficit Amount for such Distribution Date and (y)&nbsp;the Class&nbsp;D Available Cash Collateral Account Amount on such date and draw an amount equal
to the remainder of such amount on the Class&nbsp;D Letters of Credit. Notwithstanding any of the preceding to the contrary, during the period after the date of the filing by any of the Lessees of a petition for relief under Chapter 11 of the
Bankruptcy Code until the date on which each of the Lessees shall have resumed making all payments of the portion of Monthly Base Rent relating to Loan Interest required to be made under the AESOP I Operating Lease, the Administrator shall only
instruct the Trustee to draw on the Class&nbsp;D Letters of Credit (or withdraw from the Class&nbsp;D Cash Collateral Account, if applicable) pursuant to this Section&nbsp;2.5(b)(iii), and if such instruction from the Administrator references this
Section&nbsp;2.5(b)(iii), the Trustee shall only draw (or withdraw), an amount equal to the lesser of (x)&nbsp;the amount determined as provided in the preceding sentence and (y)&nbsp;the excess, if any, of (A)&nbsp;the Class&nbsp;D Liquidity Amount
on such date over (B)&nbsp;the Class&nbsp;D Required Liquidity Amount on such date. </P>
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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(c) <U>Final Distribution Date</U>. Each of the entire Class&nbsp;A Invested Amount, the
entire Class&nbsp;B Invested Amount, the entire Class&nbsp;C Invested Amount, the entire Class&nbsp;D Invested Amount and the entire Class&nbsp;R Invested Amount shall be due and payable on the Series <FONT STYLE="white-space:nowrap">2018-2</FONT>
Final Distribution Date. In connection therewith: </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:9%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(i) <U>Demand Note Draw</U>. If the amount to be deposited in the Series
<FONT STYLE="white-space:nowrap">2018-2</FONT> Distribution Account in accordance with Section&nbsp;2.5(a) together with any amounts to be deposited therein in accordance with Section&nbsp;2.5(b) on the Series
<FONT STYLE="white-space:nowrap">2018-2</FONT> Final Distribution Date is less than the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Senior Invested Amount and there are any Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Letters of
Credit on such date, then, prior to 10:00 a.m. (New York City time) on the second Business Day prior to the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Final Distribution Date, the Administrator shall instruct the Trustee in writing to
make a demand (a &#147;<U>Demand Notice</U>&#148;) substantially in the form attached hereto as <U>Exhibit I</U> on the Demand Note Issuers for payment under the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Demand Notes in an amount equal
to the lesser of (x)&nbsp;such insufficiency and (y)&nbsp;the sum of the Class&nbsp;A/B/C Letter of Credit Amount and the Class&nbsp;D Letter of Credit Amount. The Trustee shall, prior to 12:00 noon (New York City time) on the second Business Day
preceding such Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Final Distribution Date deliver such Demand Notice to the Demand Note Issuers; <U>provided</U>, <U>however</U>, that if an Event of Bankruptcy (or the occurrence of an event
described in clause (a)&nbsp;of the definition thereof, without the lapse of a period of sixty (60)&nbsp;consecutive days) with respect to a Demand Note Issuer shall have occurred and be continuing, the Trustee shall not be required to deliver such
Demand Notice to such Demand Note Issuer. The Trustee shall cause the proceeds of any demand on the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Demand Notes to be deposited into the Series <FONT STYLE="white-space:nowrap">2018-2</FONT>
Distribution Account. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:9%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(ii) <U>Letter of Credit Draw</U>. In the event that either (x)&nbsp;on or prior to 10:00 a.m. (New
York City time) on the Business Day immediately preceding the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Final Distribution Date a Demand Notice has been transmitted by the Trustee to the Demand Note Issuers pursuant to clause (i)&nbsp;of
this Section&nbsp;2.5(c) and any Demand Note Issuer shall have failed to pay to the Trustee or deposit into the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Distribution Account the amount specified in such Demand Notice in whole or in part
or (y)&nbsp;due to the occurrence of an Event of Bankruptcy (or the occurrence of an event described in clause (a)&nbsp;of the definition thereof, without the lapse of a period of sixty (60)&nbsp;consecutive days) with respect to one or more of the
Demand Note Issuers, the Trustee shall not have delivered such Demand Notice to any Demand Note Issuer on the second Business Day preceding the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Final Distribution Date, then, in the case of
(x)&nbsp;or (y) the Trustee shall: </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:13%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(1) draw on the Class&nbsp;A/B/C Letters of Credit by 12:00 noon (New York City time)
on such Business Day an amount equal to the lesser of (a)&nbsp;the amount that the Demand Note Issuers so failed to pay under the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Demand Notes (or, the amount that the Trustee failed to demand
for payment thereunder) and (b)&nbsp;the Class&nbsp;A/B/C Letter of Credit Amount on such Business Day by presenting to each Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Letter of Credit </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">48 </P>

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Provider of a Class&nbsp;A/B/C Letter of Credit a draft accompanied by a Certificate of Unpaid Demand Note Demand; <U>provided</U>, <U>however</U>, that if the Class&nbsp;A/B/C Cash Collateral
Account has been established and funded, the Trustee shall withdraw from the Class&nbsp;A/B/C Cash Collateral Account and deposit in the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Distribution Account an amount equal to the lesser of
(x)&nbsp;the Class&nbsp;A/B/C Cash Collateral Percentage on such Business Day of the amount that the Demand Note Issuers so failed to pay under the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Demand Notes (or, the amount that the Trustee
failed to demand for payment thereunder) and (y)&nbsp;the Class&nbsp;A/B/C Available Cash Collateral Account Amount on such Business Day and draw an amount equal to the remainder of the amount that the Demand Note Issuers failed to pay under the
Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Demand Notes (or, the amount that the Trustee failed to demand for payment thereunder) on the Class&nbsp;A/B/C Letters of Credit. The Trustee shall deposit, or cause the deposit of, the proceeds
of any draw on the Class&nbsp;A/B/C Letters of Credit and the proceeds of any withdrawal from the Class&nbsp;A/B/C Cash Collateral Account to be deposited in the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Distribution Account; and </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:13%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(2) draw on the Class&nbsp;D Letters of Credit by 12:00 noon (New York City time) on such Business Day an amount equal to the
lesser of (a)&nbsp;the excess of (x)&nbsp;the amount that the Demand Note Issuers so failed to pay under the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Demand Notes (or, the amount that the Trustee failed to demand for payment thereunder)
over (y)&nbsp;the amount drawn on the Class&nbsp;A/B/C Letters of Credit and/or withdrawn from the Class&nbsp;A/B/C Cash Collateral Account on such Business Day in accordance with Section&nbsp;2.5(c)(ii)(1) and (b)&nbsp;the Class&nbsp;D Letter of
Credit Amount on such Business Day by presenting to each Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Letter of Credit Provider of a Class&nbsp;D Letter of Credit a draft accompanied by a Certificate of Unpaid Demand Note Demand;
<U>provided</U>, <U>however</U>, that if the Class&nbsp;D Cash Collateral Account has been established and funded, the Trustee shall withdraw from the Class&nbsp;D Cash Collateral Account and deposit in the Series
<FONT STYLE="white-space:nowrap">2018-2</FONT> Distribution Account an amount equal to the lesser of (x)&nbsp;the Class&nbsp;D Cash Collateral Percentage on such Business Day of the excess of (A)&nbsp;the amount that the Demand Note Issuers so
failed to pay under the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Demand Notes (or, the amount that the Trustee failed to demand for payment thereunder) over (B)&nbsp;the amount drawn on the Class&nbsp;A/B/C Letters of Credit and/or
withdrawn from the Class&nbsp;A/B/C Cash Collateral Account on such Business Day in accordance with Section&nbsp;2.5(c)(ii)(1) and (y)&nbsp;the Class&nbsp;D Available Cash Collateral Account Amount on such Business Day and draw an amount equal to
the remainder of the excess of (A)&nbsp;the amount that the Demand Note Issuers so failed to pay under the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Demand Notes (or, the amount that the Trustee failed to demand for payment thereunder)
over (B)&nbsp;the amount drawn on the Class&nbsp;A/B/C Letters of Credit and/or withdrawn from the Class&nbsp;A/B/C Cash Collateral Account on such Business Day in accordance with Section&nbsp;2.5(c)(ii)(1) on the Class&nbsp;D Letters of Credit. The
Trustee shall deposit, or cause the deposit of, the </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">49 </P>

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proceeds of any draw on the Class&nbsp;D Letters of Credit and the proceeds of any withdrawal from the Class&nbsp;D Cash Collateral Account to be deposited in the Series <FONT
STYLE="white-space:nowrap">2018-2</FONT> Distribution Account. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:9%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(iii) <U>Reserve Account Withdrawal</U>. If, after giving
effect to the deposit into the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Distribution Account of the amount to be deposited in accordance with Section&nbsp;2.5(a) and the amounts described in clauses (i)&nbsp;and (ii) of this
Section&nbsp;2.5(c), the amount to be deposited in the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Distribution Account with respect to the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Final Distribution Date is or will be less
than the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Senior Invested Amount, then, prior to 12:00 noon (New York City time) on the second Business Day prior to such Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Final Distribution
Date, the Administrator shall instruct the Trustee in writing to withdraw (x)&nbsp;first, from the Class&nbsp;A/B/C Reserve Account, an amount equal to the lesser of the Class&nbsp;A/B/C Available Reserve Account Amount and such remaining
insufficiency and (y)&nbsp;second, from the Class&nbsp;D Reserve Account, an amount equal to the lesser of the Class&nbsp;D Available Reserve Account Amount and such remaining insufficiency (after giving effect to any withdrawal from the
Class&nbsp;A/B/C Reserve Account) and, in each case, deposit it in the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Distribution Account on such Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Final Distribution Date. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(d) <U>Class A/B/C Principal Deficit Amount</U>. On each Distribution Date, other than the Series
<FONT STYLE="white-space:nowrap">2018-2</FONT> Final Distribution Date, on which the Class&nbsp;A/B/C Principal Deficit Amount is greater than zero, amounts shall be transferred to the Series <FONT STYLE="white-space:nowrap">2018-2</FONT>
Distribution Account as follows: </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:9%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(i) <U>Demand Note Draw</U>. If on any Determination Date, the Administrator determines
that the Class&nbsp;A/B/C Principal Deficit Amount with respect to the next succeeding Distribution Date will be greater than zero and there are any Class&nbsp;A/B/C Letters of Credit on such date, prior to 10:00 a.m. (New York City time) on the
second Business Day prior to such Distribution Date, the Administrator shall instruct the Trustee in writing to deliver a Demand Notice to the Demand Note Issuers demanding payment of an amount equal to the lesser of (A)&nbsp;the Class&nbsp;A/B/C
Principal Deficit Amount and (B)&nbsp;the Class&nbsp;A/B/C Letter of Credit Amount. The Trustee shall, prior to 12:00 noon (New York City time) on the second Business Day preceding such Distribution Date, deliver such Demand Notice to the Demand
Note Issuers; <U>provided</U>, <U>however</U>, that if an Event of Bankruptcy (or the occurrence of an event described in clause (a)&nbsp;of the definition thereof, without the lapse of a period of sixty (60)&nbsp;consecutive days) with respect to a
Demand Note Issuer shall have occurred and be continuing, the Trustee shall not be required to deliver such Demand Notice to such Demand Note Issuer. The Trustee shall cause the proceeds of any demand on the Series
<FONT STYLE="white-space:nowrap">2018-2</FONT> Demand Note to be deposited into the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Distribution Account. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:9%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(ii) <U>Class A/B/C Letter of Credit Draw</U>. In the event that either (x)&nbsp;on or prior to 10:00 a.m. (New York City time)
on the Business Day prior to such Distribution Date, any Demand Note Issuer shall have failed to pay to the Trustee or deposit into the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Distribution Account the amount specified in such Demand
Notice delivered pursuant to Section&nbsp;2.5(d)(i) in whole or in part or (y)&nbsp;due to the occurrence of an Event of Bankruptcy (or the occurrence of an event described in clause (a)&nbsp;of the definition thereof,
</P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">50 </P>

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without the lapse of a period of sixty (60)&nbsp;consecutive days) with respect to any Demand Note Issuer, the Trustee shall not have delivered such Demand Notice to any Demand Note Issuer on the
second Business Day preceding such Distribution Date, then, in the case of (x)&nbsp;or (y) the Trustee shall on such Business Day draw on the Class&nbsp;A/B/C Letters of Credit an amount equal to the lesser of (i)&nbsp;Class&nbsp;A/B/C Letter of
Credit Amount and (ii)&nbsp;the aggregate amount that the Demand Note Issuers so failed to pay under the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Demand Notes (or, the amount that the Trustee failed to demand for payment thereunder) by
presenting to each Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Letter of Credit Provider of a Class&nbsp;A/B/C Letter of Credit a draft accompanied by a Certificate of Unpaid Demand Note Demand; <U>provided</U>, <U>however</U>, that if the
Class&nbsp;A/B/C Cash Collateral Account has been established and funded, the Trustee shall withdraw from the Class&nbsp;A/B/C Cash Collateral Account and deposit in the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Distribution Account an
amount equal to the lesser of (x)&nbsp;the Class&nbsp;A/B/C Cash Collateral Percentage on such Business Day of the aggregate amount that the Demand Note Issuers so failed to pay under the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Demand
Notes (or, the amount that the Trustee failed to demand for payment thereunder) and (y)&nbsp;the Class&nbsp;A/B/C Available Cash Collateral Account Amount on such Business Day and draw an amount equal to the remainder of the aggregate amount that
the Demand Note Issuers so failed to pay under the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Demand Notes (or, the amount that the Trustee failed to demand for payment thereunder) on the Class&nbsp;A/B/C Letters of Credit. The Trustee
shall deposit into, or cause the deposit of, the proceeds of any draw on the Class&nbsp;A/B/C Letters of Credit and the proceeds of any withdrawal from the Class&nbsp;A/B/C Cash Collateral Account to be deposited in the Series <FONT
STYLE="white-space:nowrap">2018-2</FONT> Distribution Account. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:9%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(iii) <U>Class A/B/C Reserve Account Withdrawal</U>. If the
Class&nbsp;A/B/C Letter of Credit Amount will be less than the Class&nbsp;A/B/C Principal Deficit Amount on any Distribution Date, then, prior to 12:00 noon (New York City time) on the second Business Day prior to such Distribution Date, the
Administrator shall instruct the Trustee in writing to withdraw from the Class&nbsp;A/B/C Reserve Account, an amount equal to the lesser of (x)&nbsp;the Class&nbsp;A/B/C Available Reserve Account Amount and (y)&nbsp;the amount by which the
Class&nbsp;A/B/C Principal Deficit Amount exceeds the amounts to be deposited in the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Distribution Account in accordance with clauses (i)&nbsp;and (ii) of this Section&nbsp;2.5(d) and deposit it
in the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Distribution Account on such Distribution Date. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(e) <U>Class D Principal
Deficit Amount</U>. On each Distribution Date, other than the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Final Distribution Date, on which the Class&nbsp;A Notes, Class&nbsp;B Notes and Class&nbsp;C Notes will have been paid in full and
the Class&nbsp;D Principal Deficit Amount is greater than zero, amounts shall be transferred to the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Distribution Account as follows: </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(i) <U>Demand Note Draw</U>. If on the Determination Date with respect to any such Distribution Date, the Administrator
determines that the Class&nbsp;D Principal Deficit Amount with respect to the next succeeding Distribution Date will be greater than zero and there are any Class&nbsp;A/B/C Letters of Credit or Class&nbsp;D Letters of Credit on such date, prior to
10:00 a.m. (New York City time) on the second Business Day prior to such Distribution Date, the Administrator shall instruct the Trustee in writing to deliver a Demand Notice to the Demand Note Issuers demanding payment of an amount equal to the
lesser of (A)&nbsp;the Class&nbsp;D Principal Deficit Amount and (B)&nbsp;the sum of (x)&nbsp;the Class&nbsp;A/B/C Letter of Credit Amount and (y)&nbsp;the Class&nbsp;D Letter of Credit Amount. The Trustee shall, prior to 12:00
</P>
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noon (New York City time) on the second Business Day preceding such Distribution Date, deliver such Demand Notice to the Demand Note Issuers; <U>provided</U>, <U>however</U>, that if an Event of
Bankruptcy (or the occurrence of an event described in clause (a)&nbsp;of the definition thereof, without the lapse of a period of 60 consecutive days) with respect to a Demand Note Issuer shall have occurred and be continuing, the Trustee shall not
be required to deliver such Demand Notice to such Demand Note Issuer. The Trustee shall cause the proceeds of any demand on the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Demand Note to be deposited into the Series <FONT
STYLE="white-space:nowrap">2018-2</FONT> Distribution Account. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(ii) <U>Class A/B/C Letter of Credit Draw</U>. In the event
that either (x)&nbsp;on or prior to 10:00 a.m. (New York City time) on the Business Day prior to such Distribution Date, any Demand Note Issuer shall have failed to pay to the Trustee or deposit into the Series
<FONT STYLE="white-space:nowrap">2018-2</FONT> Distribution Account the amount specified in such Demand Notice delivered pursuant to Section&nbsp;2.5(e)(i) in whole or in part or (y)&nbsp;due to the occurrence of an Event of Bankruptcy (or the
occurrence of an event described in clause (a)&nbsp;of the definition thereof, without the lapse of a period of 60 consecutive days) with respect to any Demand Note Issuer, the Trustee shall not have delivered such Demand Notice to any Demand Note
Issuer on the second Business Day preceding such Distribution Date, then, in the case of (x)&nbsp;or (y) the Trustee shall on such Business Day draw on the Class&nbsp;A/B/C Letters of Credit, if any, an amount equal to the lesser of (i)&nbsp;Class
A/B/C Letter of Credit Amount and (ii)&nbsp;the aggregate amount that the Demand Note Issuers so failed to pay under the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Demand Notes (or, the amount that the Trustee failed to demand for payment
thereunder) by presenting to each Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Letter of Credit Provider of a Class&nbsp;A/B/C Letter of Credit a draft accompanied by a Certificate of Unpaid Demand Note Demand; <U>provided</U>,
<U>however</U>, that if the Class&nbsp;A/B/C Cash Collateral Account has been established and funded, the Trustee shall withdraw from the Class&nbsp;A/B/C Cash Collateral Account and deposit in the Series
<FONT STYLE="white-space:nowrap">2018-2</FONT> Distribution Account an amount equal to the lesser of (x)&nbsp;the Class&nbsp;A/B/C Cash Collateral Percentage on such Business Day of the aggregate amount that the Demand Note Issuers so failed to pay
under the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Demand Notes (or, the amount that the Trustee failed to demand for payment thereunder) and (y)&nbsp;the Class&nbsp;A/B/C Available Cash Collateral Account Amount on such Business Day
and draw an amount equal to the remainder of the aggregate amount that the Demand Note Issuers so failed to pay under the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Demand Notes (or, the amount that the Trustee failed to demand for
payment thereunder) on the Class&nbsp;A/B/C Letters of Credit. The Trustee shall deposit into, or cause the deposit of, the proceeds of any draw on the Class&nbsp;A/B/C Letters of Credit and the proceeds of any withdrawal from the Class&nbsp;A/B/C
Cash Collateral Account to be deposited in the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Distribution Account. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(iii) <U>Class A/B/C Reserve Account Withdrawal</U>. If the amounts to be deposited in the Series <FONT
STYLE="white-space:nowrap">2018-2</FONT> Distribution Account in accordance with Section&nbsp;2.5(c)(i) and (ii)&nbsp;will be less than the Class&nbsp;D Principal Deficit Amount on any Distribution Date, then, prior to 12:00 noon (New York City
time) on the second Business Day prior to such Distribution Date, the Administrator shall instruct the Trustee in writing to withdraw from the Class&nbsp;A/B/C Reserve Account, an amount equal to the lesser of (x)&nbsp;the Class&nbsp;A/B/C Available
Reserve Account Amount and (y)&nbsp;the amount by which the Class&nbsp;D Principal Deficit Amount exceeds the amounts to be deposited in the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Distribution Account in accordance with clauses
(i)&nbsp;and (ii) of this Section&nbsp;2.5(e) and deposit it in the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Distribution Account on such Distribution Date. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">52 </P>

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 <P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(iv) <U>Class D Letter of Credit Draw</U>. In the event that either
(x)&nbsp;on or prior to 10:00 a.m. (New York City time) on the Business Day prior to such Distribution Date, any Demand Note Issuer shall have failed to pay to the Trustee or deposit into the Series <FONT STYLE="white-space:nowrap">2018-2</FONT>
Distribution Account the amount specified in such Demand Notice in whole or in part or (y)&nbsp;due to the occurrence of an Event of Bankruptcy (or the occurrence of an event described in clause (a)&nbsp;of the definition thereof, without the lapse
of a period of 60 consecutive days) with respect to any Demand Note Issuer, the Trustee shall not have delivered such Demand Notice to any Demand Note Issuer on the second Business Day preceding such Distribution Date, then, in the case of
(x)&nbsp;or (y) the Trustee shall on such Business Day draw on the Class&nbsp;D Letters of Credit, if any, an amount equal to the lesser of (i)&nbsp;Class D Letter of Credit Amount and (ii)&nbsp;the excess of (A)&nbsp;the aggregate amount that the
Demand Note Issuers so failed to pay under the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Demand Notes (or, the amount that the Trustee failed to demand for payment thereunder) over (B)&nbsp;the amount deposited into the Series <FONT
STYLE="white-space:nowrap">2018-2</FONT> Distribution Account in accordance with Section&nbsp;2.5(e)(ii) and (iii)&nbsp;above, by presenting to each Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Letter of Credit Provider of a Class&nbsp;D
Letter of Credit a draft accompanied by a Certificate of Unpaid Demand Note Demand; <U>provided</U>, <U>however</U>, that if the Class&nbsp;D Cash Collateral Account has been established and funded, the Trustee shall withdraw from the Class&nbsp;D
Cash Collateral Account and deposit in the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Distribution Account an amount equal to the lesser of (x)&nbsp;the Class&nbsp;D Cash Collateral Percentage on such Business Day of the excess of
(A)&nbsp;the aggregate amount that the Demand Note Issuers so failed to pay under the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Demand Notes (or, the amount that the Trustee failed to demand for payment thereunder) over (B)&nbsp;the
amount deposited into the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Distribution Account in accordance with Section&nbsp;2.5(e)(ii) and (iii)&nbsp;above and (y)&nbsp;the Class&nbsp;D Available Cash Collateral Account Amount on such
Business Day and draw an amount equal to the remainder of such excess on the Class&nbsp;D Letters of Credit. The Trustee shall deposit into, or cause the deposit of, the proceeds of any draw on the Class&nbsp;D Letters of Credit and the proceeds of
any withdrawal from the Class&nbsp;D Cash Collateral Account to be deposited in the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Distribution Account. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:9%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(v) <U>Class D Reserve Account Withdrawal</U>. If the amounts to be deposited in the Series
<FONT STYLE="white-space:nowrap">2018-2</FONT> Distribution Account in accordance with Section&nbsp;2.5(e)(i) through (iv)&nbsp;will be less than the Class&nbsp;D Principal Deficit Amount on any Distribution Date, then, prior to 12:00 noon (New York
City time) on the second Business Day prior to such Distribution Date, the Administrator shall instruct the Trustee in writing to withdraw from the Class&nbsp;D Reserve Account, an amount equal to the lesser of (x)&nbsp;the Class&nbsp;D Available
Reserve Account Amount and (y)&nbsp;the amount by which the Class&nbsp;D Principal Deficit Amount exceeds the amounts to be deposited in the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Distribution Account in accordance with clauses
(i)&nbsp;through (iv) of this Section&nbsp;2.5(e) and deposit it in the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Distribution Account on such Distribution Date. </P>
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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(f) <U>Distributions</U>. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:9%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(i) <U>Class A Notes</U>. On each Distribution Date occurring on or after the date a withdrawal is made from the Series <FONT
STYLE="white-space:nowrap">2018-2</FONT> Collection Account pursuant to Section&nbsp;2.5(a) or amounts are deposited in the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Distribution Account pursuant to Section&nbsp;2.5(b), (c) or
(d)&nbsp;the Paying Agent shall, in accordance with Section&nbsp;6.1 of the Base Indenture, pay <U>pro</U> <U>rata</U> to each Class&nbsp;A Noteholder from the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Distribution Account the amount
deposited therein pursuant to Section&nbsp;2.5(a), (b), (c) or (d), to the extent necessary to pay the Class&nbsp;A Controlled Distribution Amount during the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Controlled Amortization Period or to
the extent necessary to pay the Class&nbsp;A Invested Amount during the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Rapid Amortization Period. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:9%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(ii) <U>Class B Notes</U>. On each Distribution Date occurring on or after the date a withdrawal is made from the Series <FONT
STYLE="white-space:nowrap">2018-2</FONT> Collection Account pursuant to Section&nbsp;2.5(a) or amounts are deposited in the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Distribution Account pursuant to Section&nbsp;2.5(b), (c) or
(d)&nbsp;the Paying Agent shall, in accordance with Section&nbsp;6.1 of the Base Indenture, pay <U>pro</U> <U>rata</U> to each Class&nbsp;B Noteholder from the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Distribution Account the amount
deposited therein pursuant to Section&nbsp;2.5(a), (b), (c) or (d)&nbsp;less the aggregate amount applied to make the payments required pursuant to Section&nbsp;2.5(f)(i), to the extent necessary to pay the Class&nbsp;B Controlled Distribution
Amount during the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Controlled Amortization Period or to the extent necessary to pay the Class&nbsp;B Invested Amount during the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Rapid
Amortization Period. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:9%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(iii) <U>Class C Notes</U>. On each Distribution Date occurring on or after the date a withdrawal is
made from the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Collection Account pursuant to Section&nbsp;2.5(a) or amounts are deposited in the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Distribution Account pursuant to
Section&nbsp;2.5(b), (c) or (d)&nbsp;the Paying Agent shall, in accordance with Section&nbsp;6.1 of the Base Indenture, pay <U>pro</U> <U>rata</U> to each Class&nbsp;C Noteholder from the Series <FONT STYLE="white-space:nowrap">2018-2</FONT>
Distribution Account the amount deposited therein pursuant to Section&nbsp;2.5(a), (b), (c) or (d)&nbsp;less the aggregate amount applied to make the payments required pursuant to Section&nbsp;2.5(f)(i) and Section&nbsp;2.5(f)(ii), to the extent
necessary to pay the Class&nbsp;C Controlled Distribution Amount during the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Controlled Amortization Period or to the extent necessary to pay the Class&nbsp;C Invested Amount during the Series <FONT
STYLE="white-space:nowrap">2018-2</FONT> Rapid Amortization Period. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:9%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(iv) <U>Class D Notes</U>. On each Distribution Date
occurring on or after the date a withdrawal is made from the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Collection Account pursuant to Section&nbsp;2.5(a) or amounts are deposited in the Series
<FONT STYLE="white-space:nowrap">2018-2</FONT> Distribution Account pursuant to Section&nbsp;2.5(b), (c), (d) or (e)&nbsp;the Paying Agent shall, in accordance with Section&nbsp;6.1 of the Base Indenture, pay <U>pro</U> <U>rata</U> to each
Class&nbsp;D Noteholder from the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Distribution Account the amount deposited therein pursuant to Section&nbsp;2.5(a), (b), (c), (d) or (e)&nbsp;less the aggregate amount applied to make the
payments required pursuant to Section&nbsp;2.5(f)(i), Section&nbsp;2.5(f)(ii) and Section&nbsp;2.5(f)(iii), to the extent necessary to pay the Class&nbsp;D Controlled Distribution Amount during the Series
<FONT STYLE="white-space:nowrap">2018-2</FONT> Controlled Amortization Period or to the extent necessary to pay the Class&nbsp;D Invested Amount during the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Rapid Amortization Period. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:9%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(v) <U>Class R Notes</U>. On each Distribution Date occurring on or after the date a withdrawal is made from the Series <FONT
STYLE="white-space:nowrap">2018-2</FONT> Collection Account pursuant to Section </P>
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2.5(a) the Paying Agent shall, in accordance with Section&nbsp;6.1 of the Base Indenture, pay <U>pro</U> <U>rata</U> to each Class&nbsp;R Noteholder from the Series
<FONT STYLE="white-space:nowrap">2018-2</FONT> Distribution Account the amount deposited therein pursuant to Section&nbsp;2.5(a) less the aggregate amount applied to make the payments required pursuant to Section&nbsp;2.5(f)(i),
Section&nbsp;2.5(f)(ii), Section&nbsp;2.5(f)(iii) and Section&nbsp;2.5(f)(iv), to the extent necessary to pay the Class&nbsp;R Controlled Amortization Amount during the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Controlled Amortization
Period or to the extent necessary to pay the Class&nbsp;R Invested Amount during the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Rapid Amortization Period. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;2.6. <U>Administrator</U><U>&#146;</U><U>s Failure to Instruct the Trustee to Make a Deposit or Payment</U>. If the Administrator
fails to give notice or instructions to make any payment from or deposit into the Collection Account required to be given by the Administrator, at the time specified in the Administration Agreement or any other Related Document (including applicable
grace periods), the Trustee shall make such payment or deposit into or from the Collection Account without such notice or instruction from the Administrator; <U>provided</U>, <U>however</U>, that the Administrator, upon request of the Trustee,
promptly provides the Trustee with all information necessary to allow the Trustee to make such a payment or deposit. When any payment or deposit hereunder or under any other Related Document is required to be made by the Trustee or the Paying Agent
at or prior to a specified time, the Administrator shall deliver any applicable written instructions with respect thereto reasonably in advance of such specified time. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;2.7. <U>Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Reserve Account</U><U>s</U>. (a)<U>&nbsp;Establishment of
Class</U><U></U><U>&nbsp;A/B/C Reserve Account</U>. ABRCF has established and shall maintain in the name of the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Agent for the benefit of the Class&nbsp;A Noteholders, the Class&nbsp;B
Noteholders, the Class&nbsp;C Noteholders and the Class&nbsp;D Noteholders, or cause to be established and maintained, an account (the &#147;<U>Class</U><U></U><U>&nbsp;A/B/C Reserve Account</U>&#148;), bearing a designation clearly indicating that
the funds deposited therein are held for the benefit of the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Noteholders. The Class&nbsp;A/B/C Reserve Account shall be maintained (i)&nbsp;with a Qualified Institution, or (ii)&nbsp;as a
segregated trust account with the corporate trust department of a depository institution or trust company having corporate trust powers and acting as trustee for funds deposited in the Class&nbsp;A/B/C Reserve Account; <U>provided</U>,
<U>however</U>, that, if at any time such Qualified Institution is no longer a Qualified Institution or the credit rating of any securities issued by such depositary institution or trust company shall be reduced to below &#147;BBB (low)&#148; by
DBRS, &#147;Baa3&#148; by Moody&#146;s or <FONT STYLE="white-space:nowrap">&#147;BBB-&#148;</FONT> by Fitch, then ABRCF shall, within thirty (30)&nbsp;days of such reduction, establish a new Class&nbsp;A/B/C Reserve Account with a new Qualified
Institution. If the Class&nbsp;A/B/C Reserve Account is not maintained in accordance with the previous sentence, ABRCF shall establish a new Class&nbsp;A/B/C Reserve Account, within ten (10)&nbsp;Business Days after obtaining knowledge of such fact,
which complies with such sentence, and shall instruct the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Agent in writing to transfer all cash and investments from the <FONT STYLE="white-space:nowrap">non-qualifying</FONT> Class&nbsp;A/B/C
Reserve Account into the new Class&nbsp;A/B/C Reserve Account. The Class&nbsp;A/B/C Reserve Account has initially been established with The Bank of New York Mellon Trust Company, N.A. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(b) <U>Administration of the Class</U><U></U><U>&nbsp;A/B/C Reserve Account</U>. The Administrator may instruct the institution maintaining
the Class&nbsp;A/B/C Reserve Account to invest funds on deposit in the Class&nbsp;A/B/C Reserve Account from time to time in Permitted Investments; <U>provided</U>, <U>however</U>, that any such investment shall mature not later than the Business
Day prior to the Distribution Date following the date on which such funds were received, unless any Permitted </P>
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Investment held in the Class&nbsp;A/B/C Reserve Account is held with the Paying Agent, then such investment may mature on such Distribution Date and such funds shall be available for withdrawal
on or prior to such Distribution Date; <U>provided</U>, <U>further</U>, that in the case of Permitted Investments held in the Class&nbsp;A/B/C Reserve Account and so long as any Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Note is rated by
Fitch (x)&nbsp;any Permitted Investment set forth in clauses (ii), (iii), (vi) and (vii)&nbsp;of the definition thereof will have a rating of <FONT STYLE="white-space:nowrap">&#147;AA-&#148;</FONT> or &#147;F1+&#148; by Fitch and (y)&nbsp;any
Permitted Investment set forth in clause (v)&nbsp;of the definition thereof will either have a rating of &#147;AAAmmf&#148; by Fitch or, if such fund is not rated by Fitch, the then highest rating from two nationally recognized investment rating
agencies (other than Fitch). All such Permitted Investments will be credited to the Class&nbsp;A/B/C Reserve Account and any such Permitted Investments that constitute (i)&nbsp;physical property (and that is not either a United States security
entitlement or a security entitlement) shall be physically delivered to the Trustee; (ii)&nbsp;United States security entitlements or security entitlements shall be controlled (as defined in <FONT STYLE="white-space:nowrap">Section&nbsp;8-106</FONT>
of the New&nbsp;York UCC) by the Trustee pending maturity or disposition, and (iii)&nbsp;uncertificated securities (and not United States security entitlements) shall be delivered to the Trustee by causing the Trustee to become the registered holder
of such securities. The Trustee shall, at the expense of ABRCF, take such action as is required to maintain the Trustee&#146;s security interest in the Permitted Investments credited to the Class&nbsp;A/B/C Reserve Account. ABRCF shall not direct
the Trustee to dispose of (or permit the disposal of) any Permitted Investment prior to the maturity thereof to the extent such disposal would result in a loss of the purchase price of such Permitted Investment. In the absence of written investment
instructions hereunder, funds on deposit in the Class&nbsp;A/B/C Reserve Account shall remain uninvested. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(c)<U> Earnings from
Class</U><U></U><U>&nbsp;A/B/C Reserve Account</U>. All interest and earnings (net of losses and investment expenses) paid on funds on deposit in the Class&nbsp;A/B/C Reserve Account shall be deemed to be on deposit therein and available for
distribution. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(d)<U> Class A/B/C Reserve Account Constitutes Additional Collateral for Series
<FONT STYLE="white-space:nowrap">2018-2</FONT> Senior Notes</U>. In order to secure and provide for the repayment and payment of the ABRCF Obligations with respect to the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Senior Notes, ABRCF
hereby grants a security interest in and assigns, pledges, grants, transfers and sets over to the Trustee, for the benefit of the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Noteholders, all of ABRCF&#146;s right, title and interest in and
to the following (whether now or hereafter existing or acquired): (i) the Class&nbsp;A/B/C Reserve Account, including any security entitlement thereto; (ii)&nbsp;all funds on deposit therein from time to time; (iii)&nbsp;all certificates and
instruments, if any, representing or evidencing any or all of the Class&nbsp;A/B/C Reserve Account or the funds on deposit therein from time to time; (iv)&nbsp;all investments made at any time and from time to time with monies in the
Class&nbsp;A/B/C Reserve Account, whether constituting securities, instruments, general intangibles, investment property, financial assets or other property; (v)&nbsp;all interest, dividends, cash, instruments and other property from time to time
received, receivable or otherwise distributed in respect of or in exchange for the Class&nbsp;A/B/C Reserve Account, the funds on deposit therein from time to time or the investments made with such funds; and (vi)&nbsp;all proceeds of any and all of
the foregoing, including, without limitation, cash (the items in the foregoing clauses (i)&nbsp;through (vi)&nbsp;are referred to, collectively, as the &#147;<U>Class</U><U></U><U>&nbsp;A/B/C Reserve Account Collateral</U>&#148;). The Trustee shall
possess all right, title and interest in and to all funds on deposit from time to time in the Class&nbsp;A/B/C Reserve Account and in all proceeds thereof, and shall be the only person authorized to originate entitlement orders in respect of the
Class&nbsp;A/B/C Reserve Account. The Class&nbsp;A/B/C Reserve Account Collateral shall be under the sole dominion and </P>
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control of the Trustee for the benefit of the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Noteholders. The Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Agent hereby agrees
(i)&nbsp;to act as the securities intermediary (as defined in <FONT STYLE="white-space:nowrap">Section&nbsp;8-102(a)(14)</FONT> of the New&nbsp;York UCC) with respect to the Class&nbsp;A/B/C Reserve Account; (ii)&nbsp;that its jurisdiction as
securities intermediary is New&nbsp;York; (iii)&nbsp;that each item of property (whether investment property, financial asset, security, instrument or cash) credited to the Class&nbsp;A/B/C Reserve Account shall be treated as a financial asset (as
defined in <FONT STYLE="white-space:nowrap">Section&nbsp;8-102(a)(9)</FONT> of the New&nbsp;York UCC) and (iv)&nbsp;to comply with any entitlement order (as defined in <FONT STYLE="white-space:nowrap">Section&nbsp;8-102(a)(8)</FONT> of the
New&nbsp;York UCC) issued by the Trustee. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(e) <U>Class A/B/C Reserve Account Surplus</U>. In the event that the Class&nbsp;A/B/C Reserve
Account Surplus on any Distribution Date, after giving effect to all withdrawals from the Class&nbsp;A/B/C Reserve Account, is greater than zero, if no Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Enhancement Deficiency or AESOP I Operating
Lease Vehicle Deficiency would result therefrom or exist thereafter, the Trustee, acting in accordance with the written instructions of the Administrator pursuant to the Administration Agreement, shall withdraw from the Class&nbsp;A/B/C Reserve
Account an amount equal to the Class&nbsp;A/B/C Reserve Account Surplus and shall (i)&nbsp;transfer an amount equal to the excess, if any, of the Class&nbsp;D Required Liquidity Amount as of such date over the Class&nbsp;D Liquidity Amount as of
such date to the Class&nbsp;D Reserve Account and (ii)&nbsp;pay any remaining Class&nbsp;A/B/C Reserve Account Surplus to ABRCF. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(f)
<U>Termination of Class</U><U></U><U>&nbsp;A/B/C Reserve Account</U>. Upon the termination of the Indenture pursuant to Section&nbsp;11.1 of the Base Indenture, the Trustee, acting in accordance with the written instructions of the Administrator,
after the prior payment of all amounts owing to the Holders of the Class&nbsp;A Notes, Class&nbsp;B Notes or Class&nbsp;C Notes and payable from the Class&nbsp;A/B/C Reserve Account as provided herein, shall withdraw from the Class&nbsp;A/B/C
Reserve Account all amounts on deposit therein for payment to ABRCF. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(g) <U>Establishment of Class</U><U></U><U>&nbsp;D Reserve
Account</U>. ABRCF shall establish and maintain in the name of the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Agent for the benefit of the Class&nbsp;D Noteholders, or cause to be established and maintained, an account (the
&#147;<U>Class</U><U></U><U>&nbsp;D Reserve Account</U>&#148;), bearing a designation clearly indicating that the funds deposited therein are held for the benefit of the Class&nbsp;D Noteholders. The Class&nbsp;D Reserve Account shall be maintained
(i)&nbsp;with a Qualified Institution, or (ii)&nbsp;as a segregated trust account with the corporate trust department of a depository institution or trust company having corporate trust powers and acting as trustee for funds deposited in the
Class&nbsp;D Reserve Account; <U>provided</U> that, if at any time such Qualified Institution is no longer a Qualified Institution or the credit rating of any securities issued by such depositary institution or trust company shall be reduced to
below &#147;BBB (low)&#148; by DBRS or &#147;Baa3&#148; by Moody&#146;s, then ABRCF shall, within thirty (30)&nbsp;days of such reduction, establish a new Class&nbsp;D Reserve Account with a new Qualified Institution. If the Class&nbsp;D Reserve
Account is not maintained in accordance with the previous sentence, ABRCF shall establish a new Class&nbsp;D Reserve Account, within ten (10)&nbsp;Business Days after obtaining knowledge of such fact, which complies with such sentence, and shall
instruct the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Agent in writing to transfer all cash and investments from the <FONT STYLE="white-space:nowrap">non-qualifying</FONT> Class&nbsp;D Reserve Account into the new Class&nbsp;D Reserve
Account. Initially, the Class&nbsp;D Reserve Account will be established with The Bank of New York Mellon Trust Company, N.A. </P>
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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(h) <U>Administration of the Class</U><U></U><U>&nbsp;D Reserve Account</U>. The
Administrator may instruct the institution maintaining the Class&nbsp;D Reserve Account to invest funds on deposit in the Class&nbsp;D Reserve Account from time to time in Permitted Investments; <U>provided</U>, <U>however</U>, that any such
investment shall mature not later than the Business Day prior to the Distribution Date following the date on which such funds were received, unless any Permitted Investment held in the Class&nbsp;D Reserve Account is held with the Paying Agent, then
such investment may mature on such Distribution Date and such funds shall be available for withdrawal on or prior to such Distribution Date. All such Permitted Investments will be credited to the Class&nbsp;D Reserve Account and any such Permitted
Investments that constitute (i)&nbsp;physical property (and that is not either a United States security entitlement or a security entitlement) shall be physically delivered to the Trustee; (ii)&nbsp;United States security entitlements or security
entitlements shall be controlled (as defined in <FONT STYLE="white-space:nowrap">Section&nbsp;8-106</FONT> of the New&nbsp;York UCC) by the Trustee pending maturity or disposition, and (iii)&nbsp;uncertificated securities (and not United States
security entitlements) shall be delivered to the Trustee by causing the Trustee to become the registered holder of such securities. The Trustee shall, at the expense of ABRCF, take such action as is required to maintain the Trustee&#146;s security
interest in the Permitted Investments credited to the Class&nbsp;D Reserve Account. ABRCF shall not direct the Trustee to dispose of (or permit the disposal of) any Permitted Investments prior to the maturity thereof to the extent such disposal
would result in a loss of the purchase price of such Permitted Investments. In the absence of written investment instructions hereunder, funds on deposit in the Class&nbsp;D Reserve Account shall remain uninvested. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(i) <U>Earnings from Class</U><U></U><U>&nbsp;D Reserve Account</U>. All interest and earnings (net of losses and investment expenses) paid on
funds on deposit in the Class&nbsp;D Reserve Account shall be deemed to be on deposit therein and available for distribution. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(j)
<U>Class D Reserve Account Constitutes Additional Collateral for Class</U><U></U><U>&nbsp;D Notes</U>. In order to secure and provide for the repayment and payment of the ABRCF Obligations with respect to the Class&nbsp;D Notes, ABRCF hereby grants
a security interest in and assigns, pledges, grants, transfers and sets over to the Trustee, for the benefit of the Class&nbsp;D Noteholders, all of ABRCF&#146;s right, title and interest in and to the following (whether now or hereafter existing or
acquired): (i) the Class&nbsp;D Reserve Account, including any security entitlement thereto; (ii)&nbsp;all funds on deposit therein from time to time; (iii)&nbsp;all certificates and instruments, if any, representing or evidencing any or all of the
Class&nbsp;D Reserve Account or the funds on deposit therein from time to time; (iv)&nbsp;all investments made at any time and from time to time with monies in the Class&nbsp;D Reserve Account, whether constituting securities, instruments, general
intangibles, investment property, financial assets or other property; (v)&nbsp;all interest, dividends, cash, instruments and other property from time to time received, receivable or otherwise distributed in respect of or in exchange for the
Class&nbsp;D Reserve Account, the funds on deposit therein from time to time or the investments made with such funds; and (vi)&nbsp;all proceeds of any and all of the foregoing, including, without limitation, cash (the items in the foregoing clauses
(i)&nbsp;through (vi)&nbsp;are referred to, collectively, as the &#147;<U>Class</U><U></U><U>&nbsp;D Reserve Account Collateral</U>&#148;). The Trustee shall possess all right, title and interest in and to all funds on deposit from time to time in
the Class&nbsp;D Reserve Account and in all proceeds thereof, and shall be the only person authorized to originate entitlement orders in respect of the Class&nbsp;D Reserve Account. The Class&nbsp;D Reserve Account Collateral shall be under the sole
dominion and control of the Trustee for the benefit of the Class&nbsp;D Noteholders. The Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Agent hereby agrees (i)&nbsp;to act as the securities intermediary (as defined in <FONT
STYLE="white-space:nowrap">Section&nbsp;8-102(a)(14)</FONT> of the New&nbsp;York UCC) with respect to the Class&nbsp;D Reserve Account; (ii)&nbsp;that its </P>
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jurisdiction as securities intermediary is New&nbsp;York; (iii)&nbsp;that each item of property (whether investment property, financial asset, security, instrument or cash) credited to the
Class&nbsp;D Reserve Account shall be treated as a financial asset (as defined in <FONT STYLE="white-space:nowrap">Section&nbsp;8-102(a)(9)</FONT> of the New&nbsp;York UCC) and (iv)&nbsp;to comply with any entitlement order (as defined in <FONT
STYLE="white-space:nowrap">Section&nbsp;8-102(a)(8)</FONT> of the New&nbsp;York UCC) issued by the Trustee. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(k) <U>Class D Reserve
Account Surplus</U>. In the event that the Class&nbsp;D Reserve Account Surplus on any Distribution Date, after giving effect to all withdrawals from the Class&nbsp;D Reserve Account, is greater than zero, if no Series
<FONT STYLE="white-space:nowrap">2018-2</FONT> Enhancement Deficiency or AESOP I Operating Lease Vehicle Deficiency would result therefrom or exist thereafter, the Trustee, acting in accordance with the written instructions of the Administrator
pursuant to the Administration Agreement, shall withdraw from the Class&nbsp;D Reserve Account an amount equal to the Class&nbsp;D Reserve Account Surplus and shall pay such amount to ABRCF. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(l) <U>Termination of Class</U><U></U><U>&nbsp;D Reserve Account</U>. Upon the termination of the Indenture pursuant to Section&nbsp;11.1 of
the Base Indenture, the Trustee, acting in accordance with the written instructions of the Administrator, after the prior payment of all amounts owing to the Class&nbsp;D Noteholders and payable from the Class&nbsp;D Reserve Account as provided
herein, shall withdraw from the Class&nbsp;D Reserve Account all amounts on deposit therein for payment to ABRCF. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;2.8.
<U>Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Letters of Credit and <FONT STYLE="white-space:nowrap">2018-2</FONT> Cash Collateral Accounts</U>. (a)<U>&nbsp;Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Letters of Credit and
Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Cash Collateral Account Constitute Additional Collateral for Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Senior Notes</U>. In order to secure and provide for the repayment and payment
of the ABRCF Obligations with respect to the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Senior Notes, ABRCF hereby grants a security interest in and assigns, pledges, grants, transfers and sets over to the Trustee, for the benefit of the
Class&nbsp;A Noteholders, the Class&nbsp;B Noteholders and the Class&nbsp;C Noteholders, all of ABRCF&#146;s right, title and interest in and to the following (whether now or hereafter existing or acquired): (i)&nbsp;each Class&nbsp;A/B/C Letter of
Credit; (ii)&nbsp;the Class&nbsp;A/B/C Cash Collateral Account, including any security entitlement thereto; (iii)&nbsp;all funds on deposit in the Class&nbsp;A/B/C Cash Collateral Account from time to time; (iv)&nbsp;all certificates and
instruments, if any, representing or evidencing any or all of the Class&nbsp;A/B/C Cash Collateral Account or the funds on deposit therein from time to time; (v)&nbsp;all investments made at any time and from time to time with monies in the
Class&nbsp;A/B/C Cash Collateral Account, whether constituting securities, instruments, general intangibles, investment property, financial assets or other property; (vi)&nbsp;all interest, dividends, cash, instruments and other property from time
to time received, receivable or otherwise distributed in respect of or in exchange for the Class&nbsp;A/B/C Cash Collateral Account, the funds on deposit therein from time to time or the investments made with such funds; and (vii)&nbsp;all proceeds
of any and all of the foregoing, including, without limitation, cash (the items in the foregoing clauses (ii)&nbsp;through (vii)&nbsp;are referred to, collectively, as the &#147;<U>Class</U><U></U><U>&nbsp;A/B/C Cash Collateral Account
Collateral</U>&#148;). The Trustee shall, for the benefit of the Class&nbsp;A Noteholders, the Class&nbsp;B Noteholders and the Class&nbsp;C Noteholders, possess all right, title and interest in all funds on deposit from time to time in the
Class&nbsp;A/B/C Cash Collateral Account and in all proceeds thereof, and shall be the only person authorized to originate entitlement orders in respect of the Class&nbsp;A/B/C Cash Collateral Account. The Class&nbsp;A/B/C Cash Collateral Account
shall be under the sole dominion and control of the Trustee for the benefit of the Class&nbsp;A Noteholders, the Class&nbsp;B Noteholders and the Class&nbsp;C Noteholders. The Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Agent hereby agrees
(i)&nbsp;to act as the securities </P>
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intermediary (as defined in <FONT STYLE="white-space:nowrap">Section&nbsp;8-102(a)(14)</FONT> of the New&nbsp;York UCC) with respect to the Class&nbsp;A/B/C Cash Collateral Account;
(ii)&nbsp;that its jurisdiction as a securities intermediary is New York, (iii)&nbsp;that each item of property (whether investment property, financial asset, security, instrument or cash) credited to the Class&nbsp;A/B/C Cash Collateral Account
shall be treated as a financial asset (as defined in <FONT STYLE="white-space:nowrap">Section&nbsp;8-102(a)(9)</FONT> of the New&nbsp;York UCC) and (iv)&nbsp;to comply with any entitlement order (as defined in
<FONT STYLE="white-space:nowrap">Section&nbsp;8-102(a)(8)</FONT> of the New&nbsp;York UCC) issued by the Trustee. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(b) <U>Class D Letters
of Credit and Class</U><U></U><U>&nbsp;D Cash Collateral Account Constitute Additional Collateral for Class</U><U></U><U>&nbsp;D Notes</U>. In order to secure and provide for the repayment and payment of the ABRCF Obligations with respect to the
Class&nbsp;D Notes, ABRCF hereby grants a security interest in and assigns, pledges, grants, transfers and sets over to the Trustee, for the benefit of the Class&nbsp;D Noteholders, all of ABRCF&#146;s right, title and interest in and to the
following (whether now or hereafter existing or acquired): (i)&nbsp;each Class&nbsp;D Letter of Credit; (ii)&nbsp;the Class&nbsp;D Cash Collateral Account, including any security entitlement thereto; (iii)&nbsp;all funds on deposit in the
Class&nbsp;D Cash Collateral Account from time to time; (iv)&nbsp;all certificates and instruments, if any, representing or evidencing any or all of the Class&nbsp;D Cash Collateral Account or the funds on deposit therein from time to time;
(v)&nbsp;all investments made at any time and from time to time with monies in the Class&nbsp;D Cash Collateral Account, whether constituting securities, instruments, general intangibles, investment property, financial assets or other property;
(vi)&nbsp;all interest, dividends, cash, instruments and other property from time to time received, receivable or otherwise distributed in respect of or in exchange for the Class&nbsp;D Cash Collateral Account, the funds on deposit therein from time
to time or the investments made with such funds; and (vii)&nbsp;all proceeds of any and all of the foregoing, including, without limitation, cash (the items in the foregoing clauses (ii)&nbsp;through (vii)&nbsp;are referred to, collectively, as the
&#147;<U>Class</U><U></U><U>&nbsp;D Cash Collateral Account Collateral</U>&#148;). The Trustee shall, for the benefit of the Class&nbsp;D Noteholders, possess all right, title and interest in all funds on deposit from time to time in the
Class&nbsp;D Cash Collateral Account and in all proceeds thereof, and shall be the only person authorized to originate entitlement orders in respect of the Class&nbsp;D Cash Collateral Account. The Class&nbsp;D Cash Collateral Account shall be under
the sole dominion and control of the Trustee for the benefit of the Class&nbsp;D Noteholders. The Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Agent hereby agrees (i)&nbsp;to act as the securities intermediary (as defined in <FONT
STYLE="white-space:nowrap">Section&nbsp;8-102(a)(14)</FONT> of the New&nbsp;York UCC) with respect to the Class&nbsp;D Cash Collateral Account; (ii)&nbsp;that its jurisdiction as a securities intermediary is New York, (iii)&nbsp;that each item of
property (whether investment property, financial asset, security, instrument or cash) credited to the Class&nbsp;D Cash Collateral Account shall be treated as a financial asset (as defined in
<FONT STYLE="white-space:nowrap">Section&nbsp;8-102(a)(9)</FONT> of the New&nbsp;York UCC) and (iv)&nbsp;to comply with any entitlement order (as defined in <FONT STYLE="white-space:nowrap">Section&nbsp;8-102(a)(8)</FONT> of the New&nbsp;York UCC)
issued by the Trustee. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(c) <U>Class A/B/C Letter of Credit Expiration Date</U>. If prior to the date which is ten (10)&nbsp;days prior to
the <FONT STYLE="white-space:nowrap">then-scheduled</FONT> Class&nbsp;A/B/C Letter of Credit Expiration Date with respect to any Class&nbsp;A/B/C Letter of Credit, excluding the amount available to be drawn under such Class&nbsp;A/B/C Letter of
Credit but taking into account each substitute Class&nbsp;A/B/C Letter of Credit which has been obtained from a Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Eligible Letter of Credit Provider and is in full force and effect on such date,
the Class&nbsp;A/B/C Enhancement Amount would be equal to or more than the Class&nbsp;A/B/C Required Enhancement Amount and the Class&nbsp;A/B/C Liquidity Amount would be equal to or greater than the Class&nbsp;A/B/C Required Liquidity Amount, then
the Administrator shall notify the Trustee in writing no later than two (2)&nbsp;Business Days prior to such Class&nbsp;A/B/C Letter of Credit Expiration Date of such determination. If prior to the date which is ten (10)&nbsp;days prior
</P>
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to the <FONT STYLE="white-space:nowrap">then-scheduled</FONT> Class&nbsp;A/B/C Letter of Credit Expiration Date with respect to any Class&nbsp;A/B/C Letter of Credit, excluding the amount
available to be drawn under such Class&nbsp;A/B/C Letter of Credit but taking into account a substitute Class&nbsp;A/B/C Letter of Credit which has been obtained from a Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Eligible Letter of Credit
Provider and is in full force and effect on such date, the Class&nbsp;A/B/C Enhancement Amount would be less than the Class&nbsp;A/B/C Required Enhancement Amount or the Class&nbsp;A/B/C Liquidity Amount would be less than the Class&nbsp;A/B/C
Required Liquidity Amount, then the Administrator shall notify the Trustee in writing no later than two (2)&nbsp;Business Days prior to such Class&nbsp;A/B/C Letter of Credit Expiration Date of (x)&nbsp;the greater of (A)&nbsp;the excess, if any, of
the Class&nbsp;A/B/C Required Enhancement Amount over the Class&nbsp;A/B/C Enhancement Amount, excluding the available amount under such expiring Class&nbsp;A/B/C Letter of Credit but taking into account any substitute Class&nbsp;A/B/C Letter of
Credit which has been obtained from a Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Eligible Letter of Credit Provider and is in full force and effect, on such date, and (B)&nbsp;the excess, if any, of the Class&nbsp;A/B/C Required Liquidity
Amount over the Class&nbsp;A/B/C Liquidity Amount, excluding the available amount under such expiring Class&nbsp;A/B/C Letter of Credit but taking into account any substitute Class&nbsp;A/B/C Letter of Credit which has been obtained from a Series <FONT
STYLE="white-space:nowrap">2018-2</FONT> Eligible Letter of Credit Provider and is in full force and effect, on such date, and (y)&nbsp;the amount available to be drawn on such expiring Class&nbsp;A/B/C Letter of Credit on such date. Upon receipt of
such notice by the Trustee on or prior to 10:00 a.m. (New York City time) on any Business Day, the Trustee shall, by 12:00 noon (New York City time) on such Business Day (or, in the case of any notice given to the Trustee after 10:00 a.m. (New York
City time), by 12:00 noon (New York City time) on the next following Business Day), draw the lesser of the amounts set forth in clauses (x)&nbsp;and (y) above on such expiring Class&nbsp;A/B/C Letter of Credit by presenting a draft accompanied by a
Certificate of Termination Demand and shall cause the Termination Disbursement to be deposited in the Class&nbsp;A/B/C Cash Collateral Account. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">If the Trustee does not receive the notice from the Administrator described in the first paragraph of this Section&nbsp;2.8(c) on or prior to
the date that is two (2)&nbsp;Business Days prior to each Class&nbsp;A/B/C Letter of Credit Expiration Date, the Trustee shall, by 12:00 noon (New York City time) on such Business Day draw the full amount of such Class&nbsp;A/B/C Letter of Credit by
presenting a draft accompanied by a Certificate of Termination Demand and shall cause the Termination Disbursement to be deposited in the Class&nbsp;A/B/C Cash Collateral Account. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(d) <U>Class D Letter of Credit Expiration Date</U>. If prior to the date which is ten (10)&nbsp;days prior to the <FONT
STYLE="white-space:nowrap">then-scheduled</FONT> Class&nbsp;D Letter of Credit Expiration Date with respect to any Class&nbsp;D Letter of Credit, excluding the amount available to be drawn under such Class&nbsp;D Letter of Credit but taking into
account each substitute Class&nbsp;D Letter of Credit which has been obtained from a Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Eligible Letter of Credit Provider and is in full force and effect on such date, the Class&nbsp;D Enhancement
Amount would be equal to or more than the Class&nbsp;D Required Enhancement Amount and the Class&nbsp;D Liquidity Amount would be equal to or greater than the Class&nbsp;D Required Liquidity Amount, then the Administrator shall notify the Trustee in
writing no later than two (2)&nbsp;Business Days prior to such Class&nbsp;D Letter of Credit Expiration Date of such determination. If prior to the date which is ten (10)&nbsp;days prior to the <FONT STYLE="white-space:nowrap">then-scheduled</FONT>
Class&nbsp;D Letter of Credit Expiration Date with respect to any Class&nbsp;D Letter of Credit, excluding the amount available to be drawn under such Class&nbsp;D Letter of Credit but taking into account a substitute Class&nbsp;D Letter of Credit
which has been obtained from a Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Eligible Letter of Credit Provider and is in full force and effect on such date, the Class&nbsp;D Enhancement Amount would be less than the Class&nbsp;D Required
Enhancement Amount or the Class&nbsp;D Liquidity Amount would be less than </P>
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the Class&nbsp;D Required Liquidity Amount, then the Administrator shall notify the Trustee in writing no later than two (2)&nbsp;Business Days prior to such Class&nbsp;D Letter of Credit
Expiration Date of (x)&nbsp;the greater of (A)&nbsp;the excess, if any, of the Class&nbsp;D Required Enhancement Amount over the Class&nbsp;D Enhancement Amount, excluding the available amount under such expiring Class&nbsp;D Letter of Credit but
taking into account any substitute Class&nbsp;D Letter of Credit which has been obtained from a Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Eligible Letter of Credit Provider and is in full force and effect, on such date, and (B)&nbsp;the
excess, if any, of the Class&nbsp;D Required Liquidity Amount over the Class&nbsp;D Liquidity Amount, excluding the available amount under such expiring Class&nbsp;D Letter of Credit but taking into account any substitute Class&nbsp;D Letter of
Credit which has been obtained from a Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Eligible Letter of Credit Provider and is in full force and effect, on such date, and (y)&nbsp;the amount available to be drawn on such expiring Class&nbsp;D
Letter of Credit on such date. Upon receipt of such notice by the Trustee on or prior to 10:00 a.m. (New York City time) on any Business Day, the Trustee shall, by 12:00 noon (New York City time) on such Business Day (or, in the case of any notice
given to the Trustee after 10:00 a.m. (New York City time), by 12:00 noon (New York City time) on the next following Business Day), draw the lesser of the amounts set forth in clauses (x)&nbsp;and (y) above on such expiring Class&nbsp;D Letter of
Credit by presenting a draft accompanied by a Certificate of Termination Demand and shall cause the Termination Disbursement to be deposited in the Class&nbsp;D Cash Collateral Account. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">If the Trustee does not receive the notice from the Administrator described in the first paragraph of this Section&nbsp;2.8(d) on or prior to
the date that is two (2)&nbsp;Business Days prior to each Class&nbsp;D Letter of Credit Expiration Date, the Trustee shall, by 12:00 noon (New York City time) on such Business Day draw the full amount of such Class&nbsp;D Letter of Credit by
presenting a draft accompanied by a Certificate of Termination Demand and shall cause the Termination Disbursement to be deposited in the Class&nbsp;D Cash Collateral Account. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(e) <U>Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Letter of Credit Providers</U>. The Administrator shall notify the Trustee in
writing within one (1)&nbsp;Business Day of becoming aware that (i)&nbsp;the <FONT STYLE="white-space:nowrap">long-term</FONT> senior unsecured debt credit rating of any Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Letter of Credit Provider
has fallen below &#147;A (high)&#148; as determined by DBRS or &#147;A1&#148; as determined by Moody&#146;s or &#147;A+&#148; as determined by Fitch or (ii)&nbsp;the <FONT STYLE="white-space:nowrap">short-term</FONT> senior unsecured debt credit
rating of any Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Letter of Credit Provider has fallen below <FONT STYLE="white-space:nowrap">&#147;R-1&#148;</FONT> as determined by DBRS or <FONT STYLE="white-space:nowrap">&#147;P-1&#148;</FONT>
as determined by Moody&#146;s or &#147;F1&#148; as determined by Fitch. At such time the Administrator shall also notify the Trustee of (I)(i) if such Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Letter of Credit Provider has issued a
Class&nbsp;A/B/C Letter of Credit, the greater of (A)&nbsp;the excess, if any, of the Class&nbsp;A/B/C Required Enhancement Amount over the Class&nbsp;A/B/C Enhancement Amount, excluding the available amount under the Class&nbsp;A/B/C Letter of
Credit issued by such Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Letter of Credit Provider, on such date, and (B)&nbsp;the excess, if any, of the Class&nbsp;A/B/C Required Liquidity Amount over the Class&nbsp;A/B/C Liquidity Amount,
excluding the available amount under such Class&nbsp;A/B/C Letter of Credit, on such date, and (ii)&nbsp;the amount available to be drawn on such Class&nbsp;A/B/C Letter of Credit on such date and/or (II)(i) if such Series <FONT
STYLE="white-space:nowrap">2018-2</FONT> Letter of Credit Provider has issued a Class&nbsp;D Letter of Credit, the greater of (A)&nbsp;the excess, if any, of the Class&nbsp;D Required Enhancement Amount over the Class&nbsp;D Enhancement Amount,
excluding the available amount under such Class&nbsp;D Letter of Credit issued by such Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Letter of Credit Provider, on such date, and (B)&nbsp;the excess, if any, of the Class&nbsp;D Required
Liquidity Amount over the Class&nbsp;D Liquidity Amount, excluding the available amount under such Class&nbsp;D Letter of Credit, on such date, and (ii)&nbsp;the amount available to be drawn on such Class&nbsp;D Letter of Credit on such date. Upon
receipt of such notice by the Trustee on or </P>
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prior to 10:00 a.m. (New York City time) on any Business Day, the Trustee shall, by 12:00 noon (New York City time) on such Business Day (or, in the case of any notice given to the Trustee after
10:00 a.m. (New York City time), by 12:00 noon (New York City time) on the next following Business Day), draw on each such Class&nbsp;A/B/C Letter of Credit in an amount equal to the lesser of the amounts in clause (I)(i) and clause (I)&nbsp;of the
immediately preceding sentence and to draw on each such Class&nbsp;D Letter of Credit in an amount equal to the lesser of the amounts in clause (II)(ii) and clause (II)(ii) of the immediately preceding sentence, in each case, on such Business Day by
presenting a draft accompanied by a Certificate of Termination Demand and shall cause the Termination Disbursement with respect to the Class&nbsp;A/B/C Letter of Credit to be deposited in the Class&nbsp;A/B/C Cash Collateral Account and the
Termination Disbursement with respect to the Class&nbsp;D Letter of Credit to be deposited in the Class&nbsp;D Cash Collateral Account. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(f) <U>Termination Date Demands on the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Letters of Credit</U>. Prior to 10:00 a.m. (New
York City time) on the Business Day immediately succeeding the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Letter of Credit Termination Date, the Administrator shall determine the Series <FONT STYLE="white-space:nowrap">2018-2</FONT>
Demand Note Payment Amount, if any, as of the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Letter of Credit Termination Date and, if the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Demand Note Payment Amount is greater than zero,
instruct the Trustee in writing to draw on the Class&nbsp;A/B/C Letters of Credit and/or the Class&nbsp;D Letters of Credit, as described herein. Upon receipt of any such notice by the Trustee on or prior to 11:00 a.m. (New York City time) on a
Business Day, the Trustee shall, by 12:00 noon (New York City time) on such Business Day draw an amount (I)&nbsp;on each such Class&nbsp;A/B/C Letter of Credit equal to the lesser of (i)&nbsp;the Series <FONT STYLE="white-space:nowrap">2018-2</FONT>
Demand Note Payment Amount and (ii)&nbsp;the Class&nbsp;A/B/C Letter of Credit Liquidity Amount on the Class&nbsp;A/B/C Letters of Credit by presenting to each relevant Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Letter of Credit Provider
a draft for each such Class&nbsp;A/B/C Letter of Credit accompanied by a Certificate of Termination Date Demand and shall cause the Termination Date Disbursement on a Class&nbsp;A/B/C Letter of Credit to be deposited in the Class&nbsp;A/B/C Cash
Collateral Account; <U>provided</U>, <U>however</U>, that if the Class&nbsp;A/B/C Cash Collateral Account has been established and funded, the Trustee shall draw an amount equal to the product of (a)&nbsp;100% <U>minus</U> the Class&nbsp;A/B/C Cash
Collateral Percentage and (b)&nbsp;the lesser of the amounts referred to in clause (i)&nbsp;and (ii) on such Business Day on the Class&nbsp;A/B/C Letters of Credit, as calculated by the Administrator and provided in writing to the Trustee and
(II)&nbsp;on each such Class&nbsp;D Letter of Credit equal to the lesser of (i)&nbsp;the excess of (x)&nbsp;the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Demand Note Payment Amount over (y)&nbsp;the amounts drawn on the Class&nbsp;A/B/C
Letter of Credit pursuant to this Section&nbsp;2.8(f) and (ii)&nbsp;the Class&nbsp;D Letter of Credit Liquidity Amount on the Class&nbsp;D Letters of Credit by presenting to each relevant Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Letter
of Credit Provider a draft for each such Class&nbsp;D Letter of Credit accompanied by a Certificate of Termination Date Demand and shall cause the Termination Date Disbursement on a Class&nbsp;D Letter of Credit to be deposited in the Class&nbsp;D
Cash Collateral Account; <U>provided</U>, <U>however</U>, that if the Class&nbsp;D Cash Collateral Account has been established and funded, the Trustee shall draw an amount equal to the product of (a)&nbsp;100% <U>minus</U> the Class&nbsp;D Cash
Collateral Percentage and (b)&nbsp;the lesser of the amounts referred to in clause (i)&nbsp;and (ii) on such Business Day on the Class&nbsp;D Letters of Credit, as calculated by the Administrator and provided in writing to the Trustee. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(g) <U>Draws on the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Letters of Credit</U>. If there is more than one Class&nbsp;A/B/C
Letter of Credit on the date of any draw on the Class&nbsp;A/B/C Letters of Credit pursuant to the terms of this Supplement, the Administrator shall instruct the Trustee, in writing, to draw on each Class&nbsp;A/B/C Letter of Credit in an amount
equal to the Class&nbsp;A/B/C Pro Rata Share of the </P>
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Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Letter of Credit Provider issuing such Class&nbsp;A/B/C Letter of Credit of the amount of such draw on the Class&nbsp;A/B/C Letters of
Credit. If there is more than one Class&nbsp;D Letter of Credit on the date of any draw on the Class&nbsp;D Letters of Credit pursuant to the terms of this Supplement, the Administrator shall instruct the Trustee, in writing, to draw on each
Class&nbsp;D Letter of Credit in an amount equal to the Class&nbsp;D Pro Rata Share of the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Letter of Credit Provider issuing such Class&nbsp;D Letter of Credit of the amount of such draw on the
Class&nbsp;D Letters of Credit. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(h) <U>Establishment of Class</U><U></U><U>&nbsp;A/B/C Cash Collateral Account</U>. On or prior to the
date of any drawing under a Class&nbsp;A/B/C Letter of Credit pursuant to Section&nbsp;2.8(c), (e) or (f)&nbsp;above, ABRCF shall establish and maintain in the name of the Trustee for the benefit of the Class&nbsp;A Noteholders, the Class&nbsp;B
Noteholders and the Class&nbsp;C Noteholders, or cause to be established and maintained, an account (the &#147;<U>Class</U><U></U><U>&nbsp;A/B/C Cash Collateral Account</U>&#148;), bearing a designation clearly indicating that the funds deposited
therein are held for the benefit of the Class&nbsp;A Noteholders, the Class&nbsp;B Noteholders and the Class&nbsp;C Noteholders. The Class&nbsp;A/B/C Cash Collateral Account shall be maintained (i)&nbsp;with a Qualified Institution, or (ii)&nbsp;as
a segregated trust account with the corporate trust department of a depository institution or trust company having corporate trust powers and acting as trustee for funds deposited in the Class&nbsp;A/B/C Cash Collateral Account; <U>provided</U>,
<U>however</U>, that if at any time such Qualified Institution is no longer a Qualified Institution or the credit rating of any securities issued by such depository institution or trust company shall be reduced to below &#147;BBB (low)&#148; by
DBRS, &#147;Baa3&#148; by Moody&#146;s or <FONT STYLE="white-space:nowrap">&#147;BBB-&#148;</FONT> by Fitch, then ABRCF shall, within thirty (30)&nbsp;days of such reduction, establish a new Class&nbsp;A/B/C Cash Collateral Account with a new
Qualified Institution or a new segregated trust account with the corporate trust department of a depository institution or trust company having corporate trust powers and acting as trustee for funds deposited in the Class&nbsp;A/B/C Cash Collateral
Account. If a new Class&nbsp;A/B/C Cash Collateral Account is established, ABRCF shall instruct the Trustee in writing to transfer all cash and investments from the <FONT STYLE="white-space:nowrap">non-qualifying</FONT> Class&nbsp;A/B/C Cash
Collateral Account into the new Class&nbsp;A/B/C Cash Collateral Account. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(i) <U>Administration of the Class</U><U></U><U>&nbsp;A/B/C
Cash Collateral Account</U>. ABRCF may instruct (by standing instructions or otherwise) the institution maintaining the Class&nbsp;A/B/C Cash Collateral Account to invest funds on deposit in the Class&nbsp;A/B/C Cash Collateral Account from time to
time in Permitted Investments; <U>provided</U>, <U>however</U>, that any such investment shall mature not later than the Business Day prior to the Distribution Date following the date on which such funds were received, unless any Permitted
Investment held in the Class&nbsp;A/B/C Cash Collateral Account is held with the Paying Agent, in which case such investment may mature on such Distribution Date so long as such funds shall be available for withdrawal on or prior to such
Distribution Date; <U>provided</U> <U>further</U>, that in the case of Permitted Investments held in the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Cash Collateral Account and so long as any Series
<FONT STYLE="white-space:nowrap">2018-2</FONT> Note is rated by Fitch (x)&nbsp;any Permitted Investment set forth in clauses (ii), (iii), (vi) and (vii)&nbsp;of the definition thereof will have a rating of
<FONT STYLE="white-space:nowrap">&#147;AA-&#148;</FONT> or &#147;F1+&#148; by Fitch and (y)&nbsp;any Permitted Investment set forth in clause (v)&nbsp;of the definition thereof will either have a rating of &#147;AAAmmf&#148; by Fitch or, if such
fund is not rated by Fitch, the then highest rating from two nationally recognized investment rating agencies (other than Fitch). All such Permitted Investments will be credited to the Class&nbsp;A/B/C Cash Collateral Account and any such Permitted
Investments that constitute (i)&nbsp;physical property (and that is not either a United States security entitlement or a security entitlement) shall be physically delivered to the Trustee; (ii)&nbsp;United States security entitlements or security
entitlements shall be controlled </P>
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(as defined in <FONT STYLE="white-space:nowrap">Section&nbsp;8-106</FONT> of the New York UCC) by the Trustee pending maturity or disposition, and (iii)&nbsp;uncertificated securities (and not
United States security entitlements) shall be delivered to the Trustee by causing the Trustee to become the registered holder of such securities. The Trustee shall, at the expense of ABRCF, take such action as is required to maintain the
Trustee&#146;s security interest in the Permitted Investments credited to the Class&nbsp;A/B/C Cash Collateral Account. ABRCF shall not direct the Trustee to dispose of (or permit the disposal of) any Permitted Investments prior to the maturity
thereof to the extent such disposal would result in a loss of the purchase price of such Permitted Investments. In the absence of written investment instructions hereunder, funds on deposit in the Class&nbsp;A/B/C Cash Collateral Account shall
remain uninvested. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(j) <U>Establishment of Class</U><U></U><U>&nbsp;D Cash Collateral Account</U>. On or prior to the date of any drawing
under a Class&nbsp;D Letter of Credit pursuant to Section&nbsp;2.8(d), (e) or (f)&nbsp;above, ABRCF shall establish and maintain in the name of the Trustee for the benefit of the Class&nbsp;D Noteholders, or cause to be established and maintained,
an account (the &#147;<U>Class</U><U></U><U>&nbsp;D Cash Collateral Account</U>&#148;), bearing a designation clearly indicating that the funds deposited therein are held for the benefit of the Class&nbsp;D Noteholders. The Class&nbsp;D Cash
Collateral Account shall be maintained (i)&nbsp;with a Qualified Institution, or (ii)&nbsp;as a segregated trust account with the corporate trust department of a depository institution or trust company having corporate trust powers and acting as
trustee for funds deposited in the Class&nbsp;D Cash Collateral Account; <U>provided</U>, <U>however</U>, that if at any time such Qualified Institution is no longer a Qualified Institution or the credit rating of any securities issued by such
depository institution or trust company shall be reduced to below &#147;BBB (low)&#148; by DBRS or &#147;Baa3&#148; by Moody&#146;s, then ABRCF shall, within thirty (30)&nbsp;days of such reduction, establish a new Class&nbsp;D Cash Collateral
Account with a new Qualified Institution or a new segregated trust account with the corporate trust department of a depository institution or trust company having corporate trust powers and acting as trustee for funds deposited in the Class&nbsp;D
Cash Collateral Account. If a new Class&nbsp;D Cash Collateral Account is established, ABRCF shall instruct the Trustee in writing to transfer all cash and investments from the <FONT STYLE="white-space:nowrap">non-qualifying</FONT> Class&nbsp;D Cash
Collateral Account into the new Class&nbsp;D Cash Collateral Account. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(k) <U>Administration of the Class</U><U></U><U>&nbsp;D Cash
Collateral Account</U>. ABRCF may instruct (by standing instructions or otherwise) the institution maintaining the Class&nbsp;D Cash Collateral Account to invest funds on deposit in the Class&nbsp;D Cash Collateral Account from time to time in
Permitted Investments; <U>provided</U>, <U>however</U>, that any such investment shall mature not later than the Business Day prior to the Distribution Date following the date on which such funds were received, unless any Permitted Investment held
in the Class&nbsp;D Cash Collateral Account is held with the Paying Agent, in which case such investment may mature on such Distribution Date so long as such funds shall be available for withdrawal on or prior to such Distribution Date. All such
Permitted Investments will be credited to the Class&nbsp;D Cash Collateral Account and any such Permitted Investments that constitute (i)&nbsp;physical property (and that is not either a United States security entitlement or a security entitlement)
shall be physically delivered to the Trustee; (ii)&nbsp;United States security entitlements or security entitlements shall be controlled (as defined in <FONT STYLE="white-space:nowrap">Section&nbsp;8-106</FONT> of the New York UCC) by the Trustee
pending maturity or disposition, and (iii)&nbsp;uncertificated securities (and not United States security entitlements) shall be delivered to the Trustee by causing the Trustee to become the registered holder of such securities. The Trustee shall,
at the expense of ABRCF, take such action as is required to maintain the Trustee&#146;s security interest in the Permitted Investments credited to the Class&nbsp;D Cash Collateral Account. ABRCF shall not direct the Trustee to dispose of (or permit
the disposal of) any Permitted Investments </P>
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prior to the maturity thereof to the extent such disposal would result in a loss of the purchase price of such Permitted Investments. In the absence of written investment instructions hereunder,
funds on deposit in the Class&nbsp;D Cash Collateral Account shall remain uninvested. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(l) <U>Earnings from Series <FONT
STYLE="white-space:nowrap">2018-2</FONT> Cash Collateral Accounts</U>. All interest and earnings (net of losses and investment expenses) paid on funds on deposit in the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Cash Collateral Accounts
shall be deemed to be on deposit therein and available for distribution. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(m) <U>Series <FONT STYLE="white-space:nowrap">2018-2</FONT>
Cash Collateral Account Surplus</U>. In the event that the Class&nbsp;A/B/C Cash Collateral Account Surplus on any Distribution Date (or, after the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Letter of Credit Termination Date, on any date)
is greater than zero, the Trustee, acting in accordance with the written instructions of the Administrator, shall withdraw from the Class&nbsp;A/B/C Cash Collateral Account an amount equal to the Class&nbsp;A/B/C Cash Collateral Account Surplus and
shall pay such amount: <U>first</U>, to the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Letter of Credit Providers to the extent of any unreimbursed drawings with respect to any Class&nbsp;A/B/C Letters of Credit under the related Series <FONT
STYLE="white-space:nowrap">2018-2</FONT> Reimbursement Agreement, for application in accordance with the provisions of the related Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Reimbursement Agreement, and, <U>second</U>, to ABRCF any
remaining amount. In the event that the Class&nbsp;D Cash Collateral Account Surplus on any Distribution Date (or, after the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Letter of Credit Termination Date, on any date) is greater than zero,
the Trustee, acting in accordance with the written instructions of the Administrator, shall withdraw from the Class&nbsp;D Cash Collateral Account an amount equal to the Class&nbsp;D Cash Collateral Account Surplus and shall pay such amount:
<U>first</U>, to the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Letter of Credit Providers to the extent of any unreimbursed drawings with respect to any Class&nbsp;D Letters of Credit under the related Series <FONT
STYLE="white-space:nowrap">2018-2</FONT> Reimbursement Agreement, for application in accordance with the provisions of the related Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Reimbursement Agreement, and, <U>second</U>, to ABRCF any
remaining amount. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(n) <U>Termination of Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Cash Collateral Account</U>. Upon the
termination of this Supplement in accordance with its terms, the Trustee, acting in accordance with the written instructions of the Administrator, after the prior payment of all amounts owing to the Series
<FONT STYLE="white-space:nowrap">2018-2</FONT> Noteholders and payable from any Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Cash Collateral Account as provided herein, shall (i)&nbsp;withdraw from the Class&nbsp;A/B/C Cash Collateral
Account all amounts on deposit therein (to the extent not withdrawn pursuant to Section&nbsp;2.8(m) above) and shall pay such amounts: <U>first</U>, to the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Letter of Credit Providers to the
extent of any unreimbursed drawings with respect to any Class&nbsp;A/B/C Letters of Credit under the related Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Reimbursement Agreement, for application in accordance with the provisions of the
related Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Reimbursement Agreement, and, <U>second</U>, to ABRCF any remaining amount and (ii)&nbsp;withdraw from the Class&nbsp;D Cash Collateral Account all amounts on deposit therein (to the
extent not withdrawn pursuant to Section&nbsp;2.8(m) above) and shall pay such amounts: <U>first</U>, to the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Letter of Credit Providers to the extent of any unreimbursed drawings with respect to
any Class&nbsp;D Letters of Credit under the related Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Reimbursement Agreement, for application in accordance with the provisions of the related Series
<FONT STYLE="white-space:nowrap">2018-2</FONT> Reimbursement Agreement, and, <U>second</U>, to ABRCF any remaining amount. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;2.9. <U>Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Distribution Account</U>. (a)<U>&nbsp;Establishment of Series <FONT
STYLE="white-space:nowrap">2018-2</FONT> Distribution Account</U>. ABRCF has established and shall maintain in the name of the Trustee for the benefit of the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Noteholders, or cause to be
established and maintained, an account (the &#147;<U>Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Distribution Account</U>&#148;), bearing a designation clearly indicating </P>
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that the funds deposited therein are held for the benefit of the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Noteholders. The Series <FONT STYLE="white-space:nowrap">2018-2</FONT>
Distribution Account shall be maintained (i)&nbsp;with a Qualified Institution, or (ii)&nbsp;as a segregated trust account with the corporate trust department of a depository institution or trust company having corporate trust powers and acting as
trustee for funds deposited in the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Distribution Account; <U>provided</U>, <U>however</U>, that if at any time such Qualified Institution is no longer a Qualified Institution or the credit rating
of any securities issued by such depositary institution or trust company shall be reduced to below &#147;BBB (low)&#148; by DBRS or &#147;Baa3&#148; by Moody&#146;s, then ABRCF shall, within thirty (30)&nbsp;days of such reduction, establish a new
Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Distribution Account with a new Qualified Institution. If the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Distribution Account is not maintained in accordance with the previous
sentence, ABRCF shall establish a new Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Distribution Account, within ten (10)&nbsp;Business Days after obtaining knowledge of such fact, which complies with such sentence, and shall instruct the
Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Agent in writing to transfer all cash and investments from the <FONT STYLE="white-space:nowrap">non-qualifying</FONT> Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Distribution Account
into the new Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Distribution Account. The Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Distribution Account has initially been established with The Bank of New York Mellon Trust Company,
N.A. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(b) <U>Administration of the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Distribution Account</U>. The Administrator may
instruct the institution maintaining the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Distribution Account to invest funds on deposit in the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Distribution Account from time to time in
Permitted Investments; <U>provided</U>, <U>however</U>, that any such investment shall mature not later than the Business Day prior to the Distribution Date following the date on which such funds were received, unless any Permitted Investment held
in the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Distribution Account is held with the Paying Agent, then such investment may mature on such Distribution Date and such funds shall be available for withdrawal on or prior to such
Distribution Date. All such Permitted Investments will be credited to the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Distribution Account and any such Permitted Investments that constitute (i)&nbsp;physical property (and that is not
either a United States security entitlement or a security entitlement) shall be physically delivered to the Trustee; (ii)&nbsp;United States security entitlements or security entitlements shall be controlled (as defined in <FONT
STYLE="white-space:nowrap">Section&nbsp;8-106</FONT> of the New&nbsp;York UCC) by the Trustee pending maturity or disposition, and (iii)&nbsp;uncertificated securities (and not United States security entitlements) shall be delivered to the Trustee
by causing the Trustee to become the registered holder of such securities. The Trustee shall, at the expense of ABRCF, take such action as is required to maintain the Trustee&#146;s security interest in the Permitted Investments credited to the
Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Distribution Account. ABRCF shall not direct the Trustee to dispose of (or permit the disposal of) any Permitted Investment prior to the maturity thereof to the extent such disposal would result
in a loss of the purchase price of such Permitted Investment. In the absence of written investment instructions hereunder, funds on deposit in the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Distribution Account shall remain uninvested.
</P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(c) <U>Earnings from Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Distribution Account</U>. All interest and earnings (net of
losses and investment expenses) paid on funds on deposit in the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Distribution Account shall be deemed to be on deposit and available for distribution. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(d) <U>Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Distribution Account Constitutes Additional Collateral for Series <FONT
STYLE="white-space:nowrap">2018-2</FONT> Notes</U>. In order to secure and provide for the repayment and payment of the ABRCF Obligations with respect to the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Notes, ABRCF hereby grants a security
interest in and assigns, pledges, grants, transfers and sets over to the Trustee, for the benefit of the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Noteholders, all of ABRCF&#146;s right, title and interest in and to the following
(whether now </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">67 </P>

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or hereafter existing or acquired): (i) the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Distribution Account, including any security entitlement thereto; (ii)&nbsp;all funds on deposit
therein from time to time; (iii)&nbsp;all certificates and instruments, if any, representing or evidencing any or all of the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Distribution Account or the funds on deposit therein from time to
time; (iv)&nbsp;all investments made at any time and from time to time with monies in the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Distribution Account, whether constituting securities, instruments, general intangibles, investment
property, financial assets or other property; (v)&nbsp;all interest, dividends, cash, instruments and other property from time to time received, receivable or otherwise distributed in respect of or in exchange for the Series <FONT
STYLE="white-space:nowrap">2018-2</FONT> Distribution Account, the funds on deposit therein from time to time or the investments made with such funds; and (vi)&nbsp;all proceeds of any and all of the foregoing, including, without limitation, cash
(the items in the foregoing clauses (i)&nbsp;through (vi) are referred to, collectively, as the &#147;<U>Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Distribution Account Collateral</U>&#148;). The Trustee shall possess all right, title and
interest in all funds on deposit from time to time in the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Distribution Account and in and to all proceeds thereof, and shall be the only person authorized to originate entitlement orders in
respect of the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Distribution Account. The Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Distribution Account Collateral shall be under the sole dominion and control of the Trustee for the
benefit of the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Noteholders. The Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Agent hereby agrees (i)&nbsp;to act as the securities intermediary (as defined in <FONT
STYLE="white-space:nowrap">Section&nbsp;8-102(a)(14)</FONT> of the New&nbsp;York UCC) with respect to the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Distribution Account; (ii)&nbsp;that its jurisdiction as securities intermediary is New
York, (iii)&nbsp;that each item of property (whether investment property, financial asset, security, instrument or cash) credited to the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Distribution Account shall be treated as a financial asset
(as defined in <FONT STYLE="white-space:nowrap">Section&nbsp;8-102(a)(9)</FONT> of the New&nbsp;York UCC) and (iv)&nbsp;to comply with any entitlement order (as defined in <FONT STYLE="white-space:nowrap">Section&nbsp;8-102(a)(8)</FONT> of the
New&nbsp;York UCC) issued by the Trustee. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;2.10. <U>Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Accounts Permitted
Investments</U>. ABRCF shall not, and shall not permit, funds on deposit in the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Accounts to be invested in: </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:9%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(i) Permitted Investments that do not mature at least one (1)&nbsp;Business Day before the next Distribution Date; </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:9%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(ii) demand deposits, time deposits or certificates of deposit with a maturity in excess of 360 days; </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:9%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(iii) commercial paper which is not rated <FONT STYLE="white-space:nowrap">&#147;P-1&#148;</FONT> by Moody&#146;s; </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:9%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(iv) money market funds or eurodollar time deposits which are not rated at least
<FONT STYLE="white-space:nowrap">&#147;P-1&#148;</FONT> by Moody&#146;s; </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:9%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(v) eurodollar deposits that are not rated <FONT
STYLE="white-space:nowrap">&#147;P-1&#148;</FONT> by Moody&#146;s or that are with financial institutions not organized under the laws of a <FONT STYLE="white-space:nowrap">G-7</FONT> nation; or </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:9%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(vi) any investment, instrument or security not otherwise listed in clause (i)&nbsp;through (vi)&nbsp;of the definition of
&#147;Permitted Investments&#148; in the Base Indenture. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;2.11. <U>Series <FONT STYLE="white-space:nowrap">2018-2</FONT>
Demand Notes Constitute Additional Collateral for Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Senior Notes</U>. In order to secure and provide for the repayment and payment of the ABRCF Obligations with respect to the Series <FONT
STYLE="white-space:nowrap">2018-2</FONT> Senior Notes, ABRCF hereby grants a </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">68 </P>

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security interest in and assigns, pledges, grants, transfers and sets over to the Trustee, for the benefit of the Class&nbsp;A Noteholders, the Class&nbsp;B Noteholders, the Class&nbsp;C
Noteholders and the Class&nbsp;D Noteholders, all of ABRCF&#146;s right, title and interest in and to the following (whether now or hereafter existing or acquired): (i)&nbsp;the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Demand Notes;
(ii)&nbsp;all certificates and instruments, if any, representing or evidencing the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Demand Notes; and (iii)&nbsp;all proceeds of any and all of the foregoing, including, without limitation, cash.
On the date hereof, ABRCF shall deliver to the Trustee, for the benefit of the Class&nbsp;A Noteholders, the Class&nbsp;B Noteholders, the Class&nbsp;C Noteholders and the Class&nbsp;D Noteholders, each Series
<FONT STYLE="white-space:nowrap">2018-2</FONT> Demand Note, endorsed in blank. The Trustee, for the benefit of the Class&nbsp;A Noteholders, the Class&nbsp;B Noteholders, the Class&nbsp;C Noteholders and the Class&nbsp;D Noteholders, shall be the
only Person authorized to make a demand for payments on the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Demand Notes. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;2.12. <U>Subordination of the Class</U><U></U><U>&nbsp;B Notes, Class</U><U></U><U>&nbsp;C Notes, Class</U><U></U><U>&nbsp;D
Notes</U><U> and the Class</U><U></U><U>&nbsp;R Notes</U>. (a)&nbsp;Notwithstanding anything to the contrary contained in this Supplement, the Base Indenture or in any other Related Document, the Class&nbsp;B Notes will be subordinate in all
respects to the Class&nbsp;A Notes as and to the extent set forth in this Section&nbsp;2.12(a). No payments on account of principal shall be made with respect to the Class&nbsp;B Notes on any Distribution Date during the Series <FONT
STYLE="white-space:nowrap">2018-2</FONT> Controlled Amortization Period unless an amount equal to the Class&nbsp;A Controlled Distribution Amount for the Related Month shall have been paid to the Class&nbsp;A Noteholders and no payments on account
of principal shall be made with respect to the Class&nbsp;B Notes during the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Rapid Amortization Period or on the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Final Distribution Date
until the Class&nbsp;A Notes have been paid in full. No payments on account of interest shall be made with respect to the Class&nbsp;B Notes on any Distribution Date until all payments of interest then due and payable with respect to the
Class&nbsp;A Notes (including, without limitation, all accrued interest, all Class&nbsp;A Shortfall and all interest accrued on such Class&nbsp;A Shortfall) have been paid in full. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(b) Notwithstanding anything to the contrary contained in this Supplement, the Base Indenture or in any other Related Document, the
Class&nbsp;C Notes will be subordinate in all respects to the Class&nbsp;A Notes and the Class&nbsp;B Notes as and to the extent set forth in this Section&nbsp;2.12(b). No payments on account of principal shall be made with respect to the
Class&nbsp;C Notes on any Distribution Date during the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Controlled Amortization Period unless an amount equal to the Class&nbsp;A Controlled Distribution Amount for the Related Month shall have
been paid to the Class&nbsp;A Noteholders and an amount equal to the Class&nbsp;B Controlled Distribution Amount for the Related Month shall have been paid to the Class&nbsp;B Noteholders. No payments on account of principal shall be made with
respect to the Class&nbsp;C Notes during the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Rapid Amortization Period or on the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Final Distribution Date until the Class&nbsp;A Notes and the
Class&nbsp;B Notes have been paid in full. No payments on account of interest shall be made with respect to the Class&nbsp;C Notes on any Distribution Date until all payments of interest then due and payable with respect to the Class&nbsp;A Notes
and Class&nbsp;B Notes (including, without limitation, all accrued interest, all Class&nbsp;A Shortfall, all interest accrued on such Class&nbsp;A Shortfall, all Class&nbsp;B Shortfall and all interest accrued on such Class&nbsp;B Shortfall) have
been paid in full. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(c) Notwithstanding anything to the contrary contained in this Supplement, the Base Indenture or in any other Related
Document, the Class&nbsp;D Notes will be subordinate in all respects to the Class&nbsp;A Notes, the Class&nbsp;B Notes and the Class&nbsp;C Notes as and to the extent set forth in this Section&nbsp;2.12(c). No payments on account of principal shall
be made with respect to </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">69 </P>

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the Class&nbsp;D Notes on any Distribution Date during the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Controlled Amortization Period unless an amount equal to the Class&nbsp;A
Controlled Distribution Amount for the Related Month shall have been paid to the Class&nbsp;A Noteholders, an amount equal to the Class&nbsp;B Controlled Distribution Amount for the Related Month shall have been paid to the Class&nbsp;B Noteholders
and an amount equal to the Class&nbsp;C Controlled Distribution Amount for the Related Month shall have been paid to the Class&nbsp;C Noteholders. No payments on account of principal shall be made with respect to the Class&nbsp;D Notes during the
Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Rapid Amortization Period or on the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Final Distribution Date until the Class&nbsp;A Notes, the Class&nbsp;B Notes and the Class&nbsp;C Notes
have been paid in full. No payments on account of interest shall be made with respect to the Class&nbsp;D Notes on any Distribution Date until all payments of interest then due and payable with respect to the Class&nbsp;A Notes, Class&nbsp;B Notes
and Class&nbsp;C Notes (including, without limitation, all accrued interest, all Class&nbsp;A Shortfall, all interest accrued on such Class&nbsp;A Shortfall, all Class&nbsp;B Shortfall, all interest accrued on such Class&nbsp;B Shortfall, all
Class&nbsp;C Shortfall and all interest accrued on such Class&nbsp;C Shortfall) have been paid in full. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(d) Notwithstanding anything to
the contrary contained in this Supplement, the Base Indenture or in any other Related Document, the Class&nbsp;R Notes will be subordinate in all respects to the Class&nbsp;A Notes, the Class&nbsp;B Notes, the Class&nbsp;C Notes and the Class&nbsp;D
Notes, as and to the extent set forth in this Section&nbsp;2.12(d). No payments on account of principal shall be made with respect to the Class&nbsp;R Notes during the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Controlled Amortization
Period or the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Rapid Amortization Period or on the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Final Distribution Date until the Class&nbsp;A Notes, the Class&nbsp;B Notes, the
Class&nbsp;C Notes and the Class&nbsp;D Notes have been paid in full. No payments on account of interest shall be made with respect to the Class&nbsp;R Notes on any Distribution Date until all payments of interest and principal due and payable on
such Distribution Date with respect to the Class&nbsp;A Notes, the Class&nbsp;B Notes, the Class&nbsp;C Notes and the Class&nbsp;D Notes (including, without limitation, all accrued interest, all Class&nbsp;A Shortfall, all interest accrued on such
Class&nbsp;A Shortfall, all Class&nbsp;B Shortfall, all interest accrued on such Class&nbsp;B Shortfall, all Class&nbsp;C Shortfall, all interest accrued on such Class&nbsp;C Shortfall, all due and unpaid interest on the Class&nbsp;D Notes and all
interest accrued on such unpaid amounts) have been paid in full. </P> <P STYLE="margin-top:24pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>ARTICLE III </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>AMORTIZATION EVENTS </B></P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">In
addition to the Amortization Events set forth in Section&nbsp;9.1 of the Base Indenture, any of the following shall be an Amortization Event with respect to the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Notes and collectively shall
constitute the Amortization Events set forth in Section&nbsp;9.1(n) of the Base Indenture with respect to the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Notes (without notice or other action on the part of the Trustee or any holders of
the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Notes): </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(a) a Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Enhancement
Deficiency shall occur and continue for at least two (2)&nbsp;Business Days; <U>provided</U>, <U>however</U>, that such event or condition shall not be an Amortization Event if during such two (2)&nbsp;Business Day period such Series <FONT
STYLE="white-space:nowrap">2018-2</FONT> Enhancement Deficiency shall have been cured in accordance with the terms and conditions of the Indenture and the Related Documents; </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">70 </P>

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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(b) either (i)&nbsp;the Class&nbsp;A/B/C Liquidity Amount shall be less than the
Class&nbsp;A/B/C Required Liquidity Amount for at least two Business Days or (ii)&nbsp;the Class&nbsp;D Liquidity Amount shall be less than the Class&nbsp;D Required Liquidity Amount for at least two Business Days; <U>provided</U>, <U>however</U>,
that, in either case, such event or condition shall not be an Amortization Event if during such two Business Day period such insufficiency shall have been cured in accordance with the terms and conditions of the Indenture and the Related Documents;
</P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(c) the Collection Account, the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Collection Account, the Series <FONT
STYLE="white-space:nowrap">2018-2</FONT> Excess Collection Account, the Class&nbsp;A/B/C Reserve Account or the Class&nbsp;D Reserve Account shall be subject to an injunction, estoppel or other stay or a lien (other than liens permitted under the
Related Documents); </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(d) all principal of and interest on any Class&nbsp;of the Series <FONT STYLE="white-space:nowrap">2018-2</FONT>
Notes is not paid in full on or before the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Expected Final Distribution Date; </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(e)
any Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Letter of Credit shall not be in full force and effect for at least two Business Days and either (x)&nbsp;a Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Enhancement Deficiency would
result from excluding such Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Letter of Credit from the Class&nbsp;A/B/C Enhancement Amount or the Class&nbsp;D Enhancement Amount or (y)&nbsp;the Class&nbsp;A/B/C Liquidity Amount or the
Class&nbsp;D Liquidity Amount excluding therefrom the available amount under such Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Letter of Credit, would be less than the Class&nbsp;A/B/C Required Liquidity Amount or the Class&nbsp;D Required
Liquidity Amount, respectively; </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(f) from and after the funding of any Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Cash
Collateral Account, such Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Cash Collateral Account shall be subject to an injunction, estoppel or other stay or a lien (other than Liens permitted under the Related Documents) for at least two
Business Days and either (x)&nbsp;a Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Enhancement Deficiency would result from excluding the Class&nbsp;A/B/C Available Cash Collateral Account Amount or the Class&nbsp;D Available Cash Collateral
Account Amount from the Class&nbsp;A/B/C Enhancement Amount or the Class&nbsp;D Enhancement Amount, respectively, (y)&nbsp;the Class&nbsp;A/B/C Liquidity Amount, excluding therefrom the Class&nbsp;A/B/C Available Cash Collateral Account Amount,
would be less than the Class&nbsp;A/B/C Required Liquidity Amount or (z)&nbsp;the Class&nbsp;D Liquidity Amount, excluding therefrom the Class&nbsp;D Available Cash Collateral Account Amount, would be less than the Class&nbsp;D Required Liquidity
Amount; and </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(g) an Event of Bankruptcy shall have occurred with respect to any Series <FONT STYLE="white-space:nowrap">2018-2</FONT>
Letter of Credit Provider or any Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Letter of Credit Provider repudiates its Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Letter of Credit or refuses to honor a proper draw thereon and
either (x)&nbsp;a Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Enhancement Deficiency would result from excluding such Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Letter of Credit from the Class&nbsp;A/B/C Enhancement Amount or
the Class&nbsp;D Enhancement Amount or (y)&nbsp;the Class&nbsp;A/B/C Liquidity Amount or Class&nbsp;C Liquidity Amount, excluding therefrom the available amount under such Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Letter of Credit, would
be less than the Class&nbsp;A/B/C Required Liquidity Amount or the Class&nbsp;D Required Liquidity Amount, respectively. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">71 </P>

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 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>ARTICLE IV </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>FORM OF SERIES <FONT STYLE="white-space:nowrap">2018-2</FONT> NOTES </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;4.1. <U>Restricted Global Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Notes</U>. Each Class&nbsp;of the Series <FONT
STYLE="white-space:nowrap">2018-2</FONT> Notes to be issued in the United States will be issued in <FONT STYLE="white-space:nowrap">book-entry</FONT> form and represented by one or more permanent global Notes in fully registered form without
interest coupons (each, a &#147;<U>Restricted Global Class</U><U></U><U>&nbsp;A Note</U>&#148;, a &#147;<U>Restricted Global Class</U><U></U><U>&nbsp;B Note</U>&#148;, a &#147;<U>Restricted Global Class</U><U></U><U>&nbsp;C Note</U>&#148;, a
&#147;<U>Restricted Global Class</U><U></U><U>&nbsp;D Note</U>&#148; or a &#147;<U>Restricted Global Class</U><U></U><U>&nbsp;R Note</U>&#148;, as the case may be), substantially in the form set forth in <U>Exhibits A</U><U><FONT
STYLE="white-space:nowrap">-1</FONT></U>, <U><FONT STYLE="white-space:nowrap">B-1</FONT></U>, <U>C</U><U><FONT STYLE="white-space:nowrap">-1</FONT></U>, <U><FONT STYLE="white-space:nowrap">D-1</FONT></U> and
<U><FONT STYLE="white-space:nowrap">E-1</FONT></U>, with such legends as may be applicable thereto as set forth in the Base Indenture, and will be sold only in the United States (1)&nbsp;initially to institutional accredited investors within the
meaning of Regulation D under the Securities Act in reliance on an exemption from the registration requirements of the Securities Act and (2)&nbsp;thereafter to qualified institutional buyers within the meaning of, and in reliance on, Rule 144A
under the Securities Act and shall be deposited on behalf of the purchasers of such Class&nbsp;of the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Notes represented thereby, with the Trustee as custodian for DTC, and registered in the name
of Cede as DTC&#146;s nominee, duly executed by ABRCF and authenticated by the Trustee in the manner set forth in Section&nbsp;2.4 of the Base Indenture. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;4.2. <U>Temporary Global Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Notes; Permanent Global Series <FONT
STYLE="white-space:nowrap">2018-2</FONT> Notes</U>. Each Class&nbsp;of the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Notes to be issued outside the United States will be issued and sold in transactions outside the United States in
reliance on Regulation S under the Securities Act, as provided in the applicable note purchase agreement, and shall initially be issued in the form of one or more temporary notes in registered form without interest coupons (each, a
&#147;<U>Temporary Global Class</U><U></U><U>&nbsp;A Note</U>&#148;, a &#147;<U>Temporary Global Class</U><U></U><U>&nbsp;B Note</U>&#148;, a &#147;<U>Temporary Global Class</U><U></U><U>&nbsp;C Note</U>&#148;, a &#147;<U>Temporary Global
Class</U><U></U><U>&nbsp;D Note</U>&#148; or a &#147;<U>Temporary Global Class</U><U></U><U>&nbsp;R Note</U>&#148;, as the case may be, and collectively the &#147;<U>Temporary Global Series <FONT STYLE="white-space:nowrap">2018-2</FONT>
Notes</U>&#148;), substantially in the form set forth in <U>Exhibits A</U><U><FONT STYLE="white-space:nowrap">-2</FONT></U>, <U><FONT STYLE="white-space:nowrap">B-2</FONT></U>, <U>C</U><U><FONT STYLE="white-space:nowrap">-2</FONT></U>, <U><FONT
STYLE="white-space:nowrap">D-2</FONT></U> and <U><FONT STYLE="white-space:nowrap">E-2</FONT></U> which shall be deposited on behalf of the purchasers of such Class&nbsp;of the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Notes represented
thereby with a custodian for, and registered in the name of a nominee of DTC, for the account of Euroclear Bank S.A./N.V., as operator of the Euroclear System, or for Clearstream Banking, soci&eacute;t&eacute; anonyme, duly executed by ABRCF and
authenticated by the Trustee in the manner set forth in Section&nbsp;2.4 of the Base Indenture. Interests in each Temporary Global Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Note will be exchangeable, in whole or in part, for interests in
one or more permanent global notes in registered form without interest coupons (each, a &#147;<U>Permanent Global Class</U><U></U><U>&nbsp;A Note</U>&#148;, a &#147;<U>Permanent Global Class</U><U></U><U>&nbsp;B Note</U>&#148;, a &#147;<U>Permanent
Global Class</U><U></U><U>&nbsp;C Note</U>&#148;, a &#147;<U>Permanent Global Class</U><U></U><U>&nbsp;D Note</U>&#148; or a &#147;<U>Permanent Global Class</U><U></U><U>&nbsp;R Note</U>&#148;, as the case may be, and collectively the
&#147;<U>Permanent Global Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Notes</U>&#148;), substantially in the form of <U>Exhibits A</U><U><FONT STYLE="white-space:nowrap">-3</FONT></U>, <U><FONT STYLE="white-space:nowrap">B-3</FONT></U>,
<U>C</U><U><FONT STYLE="white-space:nowrap">-3</FONT></U>, <U><FONT STYLE="white-space:nowrap">D-3</FONT></U> and <U><FONT STYLE="white-space:nowrap">E-3</FONT></U> in accordance with the provisions of such Temporary Global Series <FONT
STYLE="white-space:nowrap">2018-2</FONT> Note and the Base Indenture (as modified by this Supplement). Interests in a Permanent Global Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Note will be exchangeable for a definitive Series <FONT
STYLE="white-space:nowrap">2018-2</FONT> Note in accordance with the provisions of such Permanent Global Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Note and the Base Indenture (as modified by this Supplement). </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">72 </P>

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 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>ARTICLE V </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>GENERAL </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;5.1. <U>Optional Repurchase</U>. (a)&nbsp;The Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Notes shall be subject to
repurchase by ABRCF at its option in accordance with Section&nbsp;6.3 of the Base Indenture on any Distribution Date (any such Distribution Date, a &#147;<U><FONT STYLE="white-space:nowrap">Clean-up</FONT> Repurchase Distribution Date</U>&#148;)
after the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Invested Amount is reduced to an amount less than or equal to 10% of the sum of the Class&nbsp;A Initial Invested Amount, the Class&nbsp;B Initial Invested Amount, the Class&nbsp;C
Initial Invested Amount, the Class&nbsp;D Notes Initial Invested Amount, the Class&nbsp;R Initial Invested Amount and the aggregate principal amount of any Additional Class&nbsp;R Notes (the &#147;<U>Series
<FONT STYLE="white-space:nowrap">2018-2</FONT> Repurchase Amount</U>&#148;). The repurchase price for any Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Note subject to a <FONT STYLE="white-space:nowrap">Clean-up</FONT> Repurchase shall equal
the aggregate outstanding principal balance of such Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Note (determined after giving effect to any payments of principal and interest on such Distribution Date), <U>plus</U> accrued and unpaid
interest on such outstanding principal balance. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(a) The Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Notes shall also be subject
to repurchase at the election of the ABRCF in accordance with Section&nbsp;6.3 of the Base Indenture, in whole but not in part, on any Distribution Date (any such Distribution Date, an &#147;<U>Optional Repurchase Distribution Date</U>&#148;) that
occurs prior to the earlier to occur of (x)&nbsp;the commencement of the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Rapid Amortization Period and (y)&nbsp;the <FONT STYLE="white-space:nowrap">Clean-up</FONT> Repurchase Distribution Date
(any such repurchase, an &#147;<U>Optional Repurchase</U>&#148;). The repurchase price for any Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Note subject to an Optional Repurchase shall equal (1)&nbsp;the aggregate outstanding principal
balance of such Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Note (determined after giving effect to any payments made pursuant to Section&nbsp;2.5(a) on such Distribution Date), <U>plus</U> (2)&nbsp;accrued and unpaid interest on such
outstanding principal balance (determined after giving effect to any payments made pursuant to Section&nbsp;2.4 on such Distribution Date) <U>plus</U> (3)&nbsp;the Make Whole Payment with respect to such Series
<FONT STYLE="white-space:nowrap">2018-2</FONT> Note. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;5.2. <U>Information</U>. The Trustee shall provide to the Series <FONT
STYLE="white-space:nowrap">2018-2</FONT> Noteholders, or their designated agent, copies of all information furnished to the Trustee or ABRCF pursuant to the Related Documents, as such information relates to the Series
<FONT STYLE="white-space:nowrap">2018-2</FONT> Notes or the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Collateral. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;5.3. <U>Exhibits</U>. The following exhibits attached hereto supplement the exhibits included in the Base Indenture. </P>
<P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="80%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" ALIGN="center">


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<TD WIDTH="84%"></TD></TR>


<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"><U>Exhibit <FONT STYLE="white-space:nowrap">A-1</FONT></U>:</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Form of Restricted Global Class&nbsp;A Note</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"><U>Exhibit <FONT STYLE="white-space:nowrap">A-2</FONT></U>:</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Form of Temporary Global Class&nbsp;A Note</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"><U>Exhibit <FONT STYLE="white-space:nowrap">A-3</FONT></U>:</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Form of Permanent Global Class&nbsp;A Note</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"><U>Exhibit <FONT STYLE="white-space:nowrap">B-1</FONT></U>:</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Form of Restricted Global Class&nbsp;B Note</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"><U>Exhibit <FONT STYLE="white-space:nowrap">B-2</FONT></U>:</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Form of Temporary Global Class&nbsp;B Note</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"><U>Exhibit <FONT STYLE="white-space:nowrap">B-3</FONT></U>:</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Form of Permanent Global Class&nbsp;B Note</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"><U>Exhibit <FONT STYLE="white-space:nowrap">C-1</FONT></U>:</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Form of Restricted Global Class&nbsp;C Note</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"><U>Exhibit <FONT STYLE="white-space:nowrap">C-2</FONT></U>:</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Form of Temporary Global Class&nbsp;C Note</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"><U>Exhibit <FONT STYLE="white-space:nowrap">C-3</FONT></U>:</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Form of Permanent Global Class&nbsp;C Note</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"><U>Exhibit <FONT STYLE="white-space:nowrap">D-1</FONT></U>:</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Form of Restricted Global Class&nbsp;D Note</TD></TR></TABLE>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">73 </P>

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<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="80%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" ALIGN="center">


<TR>

<TD WIDTH="14%"></TD>

<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="84%"></TD></TR>

<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"><U>Exhibit <FONT STYLE="white-space:nowrap">D-2</FONT></U>:</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Form of Temporary Global Class&nbsp;D Note</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"><U>Exhibit <FONT STYLE="white-space:nowrap">D-3</FONT></U>:</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Form of Permanent Global Class&nbsp;D Note</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"><U>Exhibit <FONT STYLE="white-space:nowrap">E-1</FONT></U>:</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Form of Restricted Global Class&nbsp;R Note</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"><U>Exhibit <FONT STYLE="white-space:nowrap">E-2</FONT></U>:</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Form of Temporary Global Class&nbsp;R Note</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"><U>Exhibit <FONT STYLE="white-space:nowrap">E-3</FONT></U>:</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Form of Permanent Global Class&nbsp;R Note</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"><U>Exhibit F</U>:</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Form of Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Demand Note</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"><U>Exhibit G</U>:</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Form of Letter of Credit</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"><U>Exhibit H</U>:</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Form of Lease Payment Deficit Notice</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"><U>Exhibit I</U>:</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Form of Demand Notice</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"><U>Exhibit <FONT STYLE="white-space:nowrap">J-1</FONT></U>:</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Class&nbsp;A/B/C Form of Supplemental Indenture No.&nbsp;4 to the Base Indenture</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"><U>Exhibit <FONT STYLE="white-space:nowrap">J-2</FONT></U>:</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Class&nbsp;D Form of Supplemental Indenture No.&nbsp;4 to the Base Indenture</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"><U>Exhibit <FONT STYLE="white-space:nowrap">K-1</FONT></U>:</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Class&nbsp;A/B/C Form of Amendment to the AESOP I Operating Lease</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"><U>Exhibit <FONT STYLE="white-space:nowrap">K-2</FONT></U>:</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Class&nbsp;D Form of Amendment to the AESOP I Operating Lease</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"><U>Exhibit <FONT STYLE="white-space:nowrap">L-1</FONT></U>:</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Class&nbsp;A/B/C Form of Amendment to the Finance Lease</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"><U>Exhibit <FONT STYLE="white-space:nowrap">L-2</FONT></U>:</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Class&nbsp;D Form of Amendment to the Finance Lease</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"><U>Exhibit <FONT STYLE="white-space:nowrap">M-1</FONT></U>:</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Class&nbsp;A/B/C Form of Amendment to the AESOP I Operating Lease Loan Agreement</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"><U>Exhibit <FONT STYLE="white-space:nowrap">M-2</FONT></U>:</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Class&nbsp;D Form of Amendment to the AESOP I Operating Lease Loan Agreement</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"><U>Exhibit <FONT STYLE="white-space:nowrap">N-1</FONT></U>:</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Class&nbsp;A/B/C Form of Amendment to the AESOP I Finance Lease Loan Agreement</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"><U>Exhibit <FONT STYLE="white-space:nowrap">N-2</FONT></U>:</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Class&nbsp;D Form of Amendment to the AESOP I Finance Lease Loan Agreement</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"><U>Exhibit O</U>:</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Form of Amendment to the Escrow Agreement</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"><U>Exhibit P</U>:</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Form of Amendment to the Administration Agreement</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"><U>Exhibit Q</U>:</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Form of Transfer Certificate for Class&nbsp;D Notes</TD></TR>
</TABLE> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;5.4. <U>Ratification of Base Indenture</U>. As supplemented by this Supplement, the Base
Indenture is in all respects ratified and confirmed and the Base Indenture as so supplemented by this Supplement shall be read, taken, and construed as one and the same instrument. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;5.5. <U>Counterparts</U>. This Supplement may be executed in any number of counterparts, each of which so executed shall be
deemed to be an original, but all of such counterparts shall together constitute but one and the same instrument. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;5.6.
<U>Governing Law</U>. This Supplement shall be construed in accordance with the law of the State of New York, and the obligations, rights and remedies of the parties hereto shall be determined in accordance with such law. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">74 </P>

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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;5.7. <U>Amendments</U>. This Supplement may be modified or amended from time to
time in accordance with the terms of the Base Indenture; <U>provided</U>, <U>however</U>, that if, pursuant to the terms of the Base Indenture or this Supplement, the consent of the Required Noteholders is required for an amendment or modification
of this Supplement or any other Related Document, such requirement shall be satisfied if such amendment or modification is consented to by the Requisite Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Noteholders; <U>provided</U>,
<U>further</U>, that, so long as (i)&nbsp;no Amortization Event has occurred and is continuing and (ii)&nbsp;the Rating Agency Consent Condition is met with respect to the outstanding Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Notes,
ABRCF shall be able to (x)&nbsp;increase the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Maximum Hyundai Amount up to an amount not to exceed 30% of the aggregate Net Book Value of all Vehicles leased under the Leases and/or
(y)&nbsp;increase the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Maximum Kia Amount up to an amount not to exceed 15% of the aggregate Net Book Value of all Vehicles leased under the Leases at any time without the consent of the Series <FONT
STYLE="white-space:nowrap">2018-2</FONT> Noteholders by giving written notice of such increase to the Trustee along with an Officer&#146;s Certificate certifying that no Amortization Event has occurred and is continuing. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;5.8. <U>Discharge of Base Indenture</U>. Notwithstanding anything to the contrary contained in the Base Indenture, no discharge
of the Indenture pursuant to Section&nbsp;11.1(b) of the Base Indenture will be effective as to the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Notes without the consent of the Requisite Series
<FONT STYLE="white-space:nowrap">2018-2</FONT> Noteholders. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;5.9. <U>Notice to Rating Agencies</U>. The Trustee shall provide
to each Rating Agency a copy of each notice, opinion of counsel, certificate or other item delivered to, or required to be provided by, the Trustee pursuant to this Supplement or any other Related Document. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;5.10. <U>Capitalization of ABRCF</U>. ABRCF agrees that on the Class&nbsp;D Notes Closing Date it will have capitalization in an
amount equal to or greater than 3% of the sum of (x)&nbsp;the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Invested Amount and (y)&nbsp;the invested amount of the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Notes, the Series <FONT
STYLE="white-space:nowrap">2011-4</FONT> Notes, the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Notes, the Series <FONT STYLE="white-space:nowrap">2016-1</FONT> Notes, the Series <FONT STYLE="white-space:nowrap">2016-2</FONT> Notes, the <FONT
STYLE="white-space:nowrap">2017-1</FONT> Notes, the <FONT STYLE="white-space:nowrap">2017-2</FONT> Notes, the Series <FONT STYLE="white-space:nowrap">2018-1</FONT> Notes, the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Notes, the Series <FONT
STYLE="white-space:nowrap">2019-1</FONT> Notes, the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Notes, the Series <FONT STYLE="white-space:nowrap">2019-3</FONT> Notes, the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Notes, the
Series <FONT STYLE="white-space:nowrap">2020-2</FONT> Notes and the Series <FONT STYLE="white-space:nowrap">2021-1</FONT> Notes. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;5.11. <U>Required Noteholders</U>. Subject to Section&nbsp;5.7 above, any action pursuant to Section&nbsp;5.6, Section&nbsp;8.13
or Article 9 of the Base Indenture that requires the consent of, or is permissible at the direction of, the Required Noteholders with respect to the Series 2018-2 Notes pursuant to the Base Indenture shall only be allowed with the consent of, or at
the direction of, the Required Controlling Class&nbsp;Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Noteholders. Any other action pursuant to any Related Document which requires the consent or approval of, or the waiver by, the Required
Noteholders with respect to the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Notes shall require the consent or approval of, or waiver by, the Requisite Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Noteholders. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;5.12. <U>Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Demand Notes</U>. Other than pursuant to a demand thereon pursuant
to Section&nbsp;2.5, ABRCF shall not reduce the amount of the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Demand Notes or forgive amounts payable thereunder so that the outstanding principal amount of the Series <FONT
STYLE="white-space:nowrap">2018-2</FONT> Demand Notes after such reduction or forgiveness is less than the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Letter of Credit Liquidity Amount. ABRCF shall not agree to any amendment of the Series <FONT
STYLE="white-space:nowrap">2018-2</FONT> Demand Notes without first satisfying the Rating Agency Confirmation Condition and the Rating Agency Consent Condition. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">75 </P>

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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;5.13. <U>Termination of Supplement</U>. This Supplement shall cease to be of
further effect when all outstanding Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Notes theretofore authenticated and issued have been delivered (other than destroyed, lost, or stolen Series <FONT STYLE="white-space:nowrap">2018-2</FONT>
Notes which have been replaced or paid) to the Trustee for cancellation, ABRCF has paid all sums payable hereunder, and, if the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Demand Note Payment Amount on the Series <FONT
STYLE="white-space:nowrap">2018-2</FONT> Letter of Credit Termination Date was greater than zero, all amounts have been withdrawn from the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Cash Collateral Accounts in accordance with
Section&nbsp;2.8(m). </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;5.14. <U>Noteholder Consent to Certain Amendments</U>. (a)&nbsp;Each Series <FONT
STYLE="white-space:nowrap">2018-2</FONT> Noteholder, upon any acquisition of a Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Note, will be deemed to agree and consent to (i)&nbsp;the execution by ABRCF of a Supplemental Indenture to the Base
Indenture substantially in the form of <U>Exhibit <FONT STYLE="white-space:nowrap">J-1</FONT></U> hereto, (ii)&nbsp;the execution of an amendment to the AESOP I Operating Lease substantially in the form of <U>Exhibit
<FONT STYLE="white-space:nowrap">K-1</FONT></U> hereto, (iii)&nbsp;the execution of an amendment to the Finance Lease substantially in the form of <U>Exhibit <FONT STYLE="white-space:nowrap">L-1</FONT></U> hereto, (iv)&nbsp;the execution of an
amendment to the AESOP I Operating Lease Loan Agreement substantially in the form of <U>Exhibit <FONT STYLE="white-space:nowrap">M-1</FONT></U> hereto and (v)&nbsp;the execution of an amendment to the AESOP I Finance Lease Loan Agreement
substantially in the form of <U>Exhibit <FONT STYLE="white-space:nowrap">N-1</FONT></U> hereto. Such deemed consent will apply to each proposed amendment set forth in <U>Exhibits <FONT STYLE="white-space:nowrap">J-1</FONT></U>, <U><FONT
STYLE="white-space:nowrap">K-1</FONT></U>, <U><FONT STYLE="white-space:nowrap">L-1</FONT></U>, <U><FONT STYLE="white-space:nowrap">M-1</FONT></U> and <U><FONT STYLE="white-space:nowrap">N-1</FONT></U> individually, and the failure to adopt any of
the amendments set forth therein will not revoke the consent with respect to any other amendment. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(b) Each Class&nbsp;D Noteholder, upon
any acquisition of a Class&nbsp;D Note, will be deemed to agree and consent to (i)&nbsp;the execution by ABRCF of a Supplemental Indenture to the Base Indenture substantially in the form of <U>Exhibit <FONT STYLE="white-space:nowrap">J-2</FONT></U>
hereto, (ii)&nbsp;the execution of an amendment to the AESOP I Operating Lease substantially in the form of <U>Exhibit <FONT STYLE="white-space:nowrap">K-2</FONT></U> hereto, (iii)&nbsp;the execution of an amendment to the Finance Lease
substantially in the form of <U>Exhibit <FONT STYLE="white-space:nowrap">L-2</FONT></U> hereto, (iv)&nbsp;the execution of an amendment to the AESOP I Operating Lease Loan Agreement substantially in the form of <U>Exhibit <FONT
STYLE="white-space:nowrap">M-2</FONT></U> hereto, (v)&nbsp;the execution of an amendment to the AESOP I Finance Lease Loan Agreement substantially in the form of <U>Exhibit <FONT STYLE="white-space:nowrap">N-2</FONT></U> hereto, (vi)&nbsp;the
execution of an amendment to the Escrow Agreement substantially in the form of <U>Exhibit O</U> hereto and (vii)&nbsp;the execution of an amendment to the Administration Agreement substantially in the form of <U>Exhibit P</U> hereto. Such deemed
consent will apply to each proposed amendment set forth in <U>Exhibits <FONT STYLE="white-space:nowrap">J-2</FONT></U>, <U><FONT STYLE="white-space:nowrap">K-2</FONT></U>, <U><FONT STYLE="white-space:nowrap">L-2</FONT></U>, <U><FONT
STYLE="white-space:nowrap">M-2</FONT></U>, <U><FONT STYLE="white-space:nowrap">N-2</FONT></U>, <U>O</U> and <U>P</U> individually, and the failure to adopt any of the amendments set forth therein will not revoke the consent with respect to any other
amendment. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;5.15. <U>[Reserved]</U>. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;5.16. <U>Confidential Information</U>. (a)&nbsp;The Trustee and each Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Note
Owner agrees, by its acceptance and holding of a beneficial interest in a Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Note, to maintain the confidentiality of all Confidential Information in accordance with procedures adopted by the
Trustee or such Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Note Owner in good faith to protect confidential information of third parties delivered to such Person; <U>provided</U>, <U>however</U>, that such Person may deliver or disclose
Confidential Information to: (i)&nbsp;such Person&#146;s directors, trustees, officers, employees, agents, attorneys, independent or internal auditors and affiliates who agree to hold confidential the Confidential Information substantially in
accordance with the terms of this Section </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">76 </P>

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5.16; (ii) such Person&#146;s financial advisors and other professional advisors who agree to hold confidential the Confidential Information substantially in accordance with the terms of this
Section&nbsp;5.16; (iii) any other Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Note Owner; (iv)&nbsp;any Person of the type that would be, to such Person&#146;s knowledge, permitted to acquire an interest in the Series <FONT
STYLE="white-space:nowrap">2018-2</FONT> Notes in accordance with the requirements of the Indenture to which such Person sells or offers to sell any such Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Note or any part thereof and that agrees
to hold confidential the Confidential Information substantially in accordance with this Section&nbsp;5.16 (or in accordance with such other confidentiality procedures as are acceptable to ABRCF); (v) any federal or state or other regulatory,
governmental or judicial authority having jurisdiction over such Person; (vi)&nbsp;the National Association of Insurance Commissioners or any similar organization, or any nationally recognized rating agency that requires access to information about
the investment portfolio of such Person, (vii)&nbsp;any reinsurers or liquidity or credit providers that agree to hold confidential the Confidential Information substantially in accordance with this Section&nbsp;5.16 (or in accordance with such
other confidentiality procedures as are acceptable to ABRCF); (viii) any other Person with the consent of ABRCF; or (ix)&nbsp;any other Person to which such delivery or disclosure may be necessary or appropriate (A)&nbsp;to effect compliance with
any law, rule, regulation, statute or order applicable to such Person, (B)&nbsp;in response to any subpoena or other legal process upon prior notice to ABRCF (unless prohibited by applicable law, rule, order or decree or other requirement having the
force of law), (C) in connection with any litigation to which such Person is a party upon prior notice to ABRCF (unless prohibited by applicable law, rule, order or decree or other requirement having the force of law) or (D)&nbsp;if an Amortization
Event with respect to the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Notes has occurred and is continuing, to the extent such Person may reasonably determine such delivery and disclosure to be necessary or appropriate in the enforcement
or for the protection of the rights and remedies under the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Notes, the Indenture or any other Related Document; <U>provided</U>, <U>further</U>, that delivery to any Series <FONT
STYLE="white-space:nowrap">2018-2</FONT> Note Owner of any report or information required by the terms of the Indenture to be provided to such Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Note Owner shall not be a violation of this
Section&nbsp;5.16. Each Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Note Owner agrees, by acceptance of a beneficial interest in a Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Note, except as set forth in clauses (v), (vi) and
(ix)&nbsp;above, that it shall use the Confidential Information for the sole purpose of making an investment in the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Notes or administering its investment in the Series <FONT
STYLE="white-space:nowrap">2018-2</FONT> Notes. In the event of any required disclosure of the Confidential Information by such Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Note Owner, such Series
<FONT STYLE="white-space:nowrap">2018-2</FONT> Note Owner agrees to use reasonable efforts to protect the confidentiality of the Confidential Information. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(b) For the purposes of this Section&nbsp;5.16, &#147;<U>Confidential Information</U>&#148; means information delivered to the Trustee or any
Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Note Owner by or on behalf of ABRCF in connection with and relating to the transactions contemplated by or otherwise pursuant to the Indenture and the Related Documents; <U>provided</U>,
<U>however</U>, that such term does not include information that: (i)&nbsp;was publicly known or otherwise known to the Trustee or such Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Note Owner prior to the time of such disclosure;
(ii)&nbsp;subsequently becomes publicly known through no act or omission by the Trustee, any Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Note Owner or any person acting on behalf of the Trustee or any Series
<FONT STYLE="white-space:nowrap">2018-2</FONT> Note Owner; (iii)&nbsp;otherwise is known or becomes known to the Trustee or any Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Note Owner other than (x)&nbsp;through disclosure by ABRCF or
(y)&nbsp;as a result of the breach of a fiduciary duty to ABRCF or a contractual duty to ABRCF; or (iv)&nbsp;is allowed to be treated as <FONT STYLE="white-space:nowrap">non-confidential</FONT> by consent of ABRCF. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">77 </P>

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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;5.17. <U>Capitalized Cost Covenant</U>. ABRCF hereby agrees that it shall not
permit the aggregate Capitalized Cost for all Vehicles purchased in any model year that are not subject to a Manufacturer Program to exceed 85% of the aggregate MSRP (Manufacturer Suggested Retail Price) of all such Vehicles; <U>provided</U>,
<U>however</U>, that ABRCF shall not&nbsp;modify the customary buying patterns or purchasing criteria used by the Administrator and its Affiliates with respect to the Vehicles if the primary purpose of such&nbsp;modification is&nbsp;to comply with
this covenant. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;5.18. <U>Further Limitation of Liability</U>. Notwithstanding anything in this Supplement to the contrary, in
no event shall the Trustee or its directors, officers, agents or employees be liable under this Supplement for special, indirect, punitive or consequential loss or damage of any kind whatsoever (including, but not limited to, lost profits), even if
the Trustee or its directors, officers, agents or employees have been advised of the likelihood of such loss or damage and regardless of the form of action. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;5.19. <U>Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Agent</U>. The Series
<FONT STYLE="white-space:nowrap">2018-2</FONT> Agent shall be entitled to the same rights, benefits, protections, indemnities and immunities hereunder as are granted to the Trustee under the Base Indenture as if set forth fully herein. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;5.20. <U>Force Majeure</U>. In no event shall the Trustee be liable for any failure or delay in the performance of its
obligations under this Supplement because of circumstances beyond the Trustee&#146;s control, including, but not limited to, a failure, termination, suspension of a clearing house, securities depositary, settlement system or central payment system
in any applicable part of the world or acts of God, flood, war (whether declared or undeclared), civil or military disturbances or hostilities, nuclear or natural catastrophes, political unrest, explosion, severe weather or accident, earthquake,
terrorism, fire, riot, labor disturbances, strikes or work stoppages for any reason, embargo, government action, including any laws, ordinances, regulations or the like (whether domestic, federal, state, county or municipal or foreign) which delay,
restrict or prohibit the providing of the services contemplated by this Supplement, or the unavailability of communications or computer facilities, the failure of equipment or interruption of communications or computer facilities, or the
unavailability of the Federal Reserve Bank wire or telex or other wire or communication facility, or any other causes beyond the Trustee&#146;s control whether or not of the same class or kind as specified above. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;5.21. <U>Waiver of Jury Trial, </U><U>etc</U>. EACH OF THE PARTIES HERETO HEREBY KNOWINGLY, VOLUNTARILY AND INTENTIONALLY WAIVES
(TO THE EXTENT PERMITTED BY APPLICABLE LAW) ANY RIGHTS IT MAY HAVE TO A TRIAL BY JURY IN RESPECT OF ANY LITIGATION BASED HEREON, OR ARISING OUT OF, UNDER, OR IN CONNECTION WITH, THIS SUPPLEMENT, THE SERIES
<FONT STYLE="white-space:nowrap">2018-2</FONT> NOTES, THE SERIES <FONT STYLE="white-space:nowrap">2018-2</FONT> DEMAND NOTES, THE SERIES <FONT STYLE="white-space:nowrap">2018-2</FONT> LETTER OF CREDIT AND ANY OTHER RELATED DOCUMENTS EXECUTED IN
CONNECTION WITH THE ISSUANCE OF THE SERIES <FONT STYLE="white-space:nowrap">2018-2</FONT> NOTES, OR ANY COURSE OF CONDUCT, COURSE OF DEALING, STATEMENTS (WHETHER ORAL OR WRITTEN), OR ACTIONS OF THE PARTIES HERETO. THIS PROVISION IS A MATERIAL
INDUCEMENT FOR THE PARTIES HERETO TO ENTER INTO THIS SUPPLEMENT. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;5.22. <U>Submission to Jurisdiction</U>. EACH OF THE
PARTIES HERETO HEREBY IRREVOCABLY SUBMITS (TO THE FULLEST EXTENT PERMITTED BY </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">78 </P>

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APPLICABLE LAW) TO THE <FONT STYLE="white-space:nowrap">NON-EXCLUSIVE</FONT> JURISDICTION OF ANY NEW YORK STATE OR FEDERAL COURT SITTING IN THE BOROUGH OF MANHATTAN, NEW YORK CITY, STATE OF NEW
YORK, OVER ANY ACTION OR PROCEEDING ARISING OUT OF OR RELATING TO THIS SUPPLEMENT, THE SERIES <FONT STYLE="white-space:nowrap">2018-2</FONT> NOTES, THE SERIES <FONT STYLE="white-space:nowrap">2018-2</FONT> DEMAND NOTES, THE SERIES <FONT
STYLE="white-space:nowrap">2018-2</FONT> LETTER OF CREDIT AND ANY OTHER RELATED DOCUMENTS EXECUTED IN CONNECTION WITH THE ISSUANCE OF THE SERIES <FONT STYLE="white-space:nowrap">2018-2</FONT> NOTES AND EACH OF THE PARTIES HERETO HEREBY IRREVOCABLY
AGREES THAT ALL CLAIMS IN RESPECT OF SUCH ACTION OR PROCEEDING MAY BE HEARD AND DETERMINED IN SUCH NEW YORK STATE OR FEDERAL COURT. EACH OF THE PARTIES HERETO EACH HEREBY IRREVOCABLY WAIVES, TO THE FULLEST EXTENT PERMITTED BY LAW, ANY OBJECTION EACH
MAY NOW OR HEREAFTER HAVE, TO THE LAYING OF VENUE IN ANY SUCH ACTION OR PROCEEDING IN ANY SUCH COURT AS WELL AS ANY RIGHT EACH MAY NOW OR HEREAFTER HAVE, TO REMOVE ANY SUCH ACTION OR PROCEEDING, ONCE COMMENCED, TO ANOTHER COURT ON THE GROUNDS OF
<U>FORUM</U> <U>NON</U> <U>CONVENIENS</U> OR OTHERWISE. NOTHING CONTAINED HEREIN SHALL PRECLUDE ANY PARTY HERETO FROM BRINGING AN ACTION OR PROCEEDING ARISING OUT OF OR RELATING TO THIS SUPPLEMENT, THE SERIES
<FONT STYLE="white-space:nowrap">2018-2</FONT> NOTES, THE SERIES <FONT STYLE="white-space:nowrap">2018-2</FONT> DEMAND NOTES, THE SERIES <FONT STYLE="white-space:nowrap">2018-2</FONT> LETTER OF CREDIT AND ANY OTHER RELATED DOCUMENTS EXECUTED IN
CONNECTION WITH THE ISSUANCE OF THE SERIES <FONT STYLE="white-space:nowrap">2018-2</FONT> NOTES IN ANY OTHER COUNTRY, STATE OR PLACE HAVING JURISDICTION OVER SUCH ACTION OR PROCEEDING. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;5.23. <U>Additional Terms of the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Notes</U><U> </U>. (a) Solely with respect
to this Supplement and the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Notes: (a)&nbsp;The Opinion of Counsel set forth in <U>Section</U><U></U><U>&nbsp;2.2(f)(</U><U>i</U><U>)(x)</U> of the Base Indenture shall not be required with
respect to the Class&nbsp;R Notes. The Opinion of Counsel set forth in <U>Section</U><U></U><U>&nbsp;2.2(f)(</U><U>i</U><U>)(y)</U> of the Base Indenture shall not be required with respect to the Class&nbsp;R Notes for any Series issued after the
date hereof. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(b) The terms Rating Agency Confirmation Condition and Rating Agency Consent Condition shall be deemed to be satisfied with
respect to Fitch if ABRCF notifies Fitch of the applicable action at least ten (10)&nbsp;calendar days prior to such action (or, if Fitch agrees to less than ten (10)&nbsp;calendar days&#146; notice, such lesser period) and Fitch has not notified
ABRCF and the Trustee in writing that such action will result in a reduction or withdrawal of the rating given to the Class&nbsp;A Notes, the Class&nbsp;B Notes or the Class&nbsp;C Notes by Fitch within such ten (10)&nbsp;calendar day (or lesser)
period. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(c) The transfer by a purchaser or transferee (other than an initial purchaser of Class&nbsp;D Notes) holding a beneficial
interest in a Global Class&nbsp;D Note to a subsequent transferee (a &#147;<U>Transferee</U>&#148;) who wishes to take delivery thereof in the form of a beneficial interest in such Global Class&nbsp;D Note will be made upon receipt by the Trustee,
at the office of the Trustee, of a certificate in substantially the form set forth in <U>Exhibit Q</U> hereto. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">79 </P>

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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;5.24. <U>Class D Notes Conditions Precedent</U><U> </U>. ABRCF may only issue
Class&nbsp;D Notes upon the satisfaction of the conditions precedent set forth in Section&nbsp;5.15 of the Prior Supplement. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">80 </P>

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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">IN WITNESS WHEREOF, ABRCF and the Trustee have caused this Supplement to be duly executed by
their respective officers thereunto duly authorized as of the day and year first above written. </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><DIV ALIGN="right">
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<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" COLSPAN="5"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">AVIS BUDGET RENTAL CAR FUNDING (AESOP) LLC</P></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">By:</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top" COLSPAN="3"> <P STYLE="margin-top:0pt; margin-bottom:1pt; border-bottom:1px solid #000000; font-size:10pt; font-family:Times New Roman">/s/ David Calabria</P></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"><U></U>Name:</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">David Calabria</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">Title:</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">Senior Vice President and Treasurer</TD></TR>
</TABLE></DIV>
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<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" COLSPAN="5"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">THE BANK OF NEW YORK MELLON TRUST COMPANY, N.A., as Trustee</P></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">By:</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top" COLSPAN="3"> <P STYLE="margin-top:0pt; margin-bottom:1pt; border-bottom:1px solid #000000; font-size:10pt; font-family:Times New Roman">/s/ Mitchell L. Brumwell</P></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"><U></U>Name:</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">Mitchell L. Brumwell</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">Title:</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">Vice President</TD></TR>
</TABLE></DIV> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><DIV ALIGN="right">
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<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" COLSPAN="5"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">THE BANK OF NEW YORK MELLON TRUST COMPANY, N.A., as Series <FONT
STYLE="white-space:nowrap">2018-2</FONT> Agent</P></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">By:</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top" COLSPAN="3"> <P STYLE="margin-top:0pt; margin-bottom:1pt; border-bottom:1px solid #000000; font-size:10pt; font-family:Times New Roman">/s/ Mitchell L. Brumwell</P></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"><U></U>Name:</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">Mitchell L. Brumwell</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">Title:</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">Vice President</TD></TR>
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 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><U>TABLE OF CONTENTS </U></P>
<P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
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<TD WIDTH="10%"></TD>

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<TD WIDTH="86%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
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<TD COLSPAN="3" VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000">Page</TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


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<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" COLSPAN="3">ARTICLE I DEFINITIONS</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">2</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="16" COLSPAN="3"></TD>
<TD HEIGHT="16" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" COLSPAN="3">ARTICLE II SERIES 2018-2 ALLOCATIONS</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">33</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">&nbsp;&nbsp;&nbsp;&nbsp;Section&nbsp;2.1.</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Establishment of Series 2018-2 Collection Account, Series 2018-2 Excess Collection Account and
Series 2018-2 Accrued Interest Account</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">33</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">&nbsp;&nbsp;&nbsp;&nbsp;Section 2.2.</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Allocations with Respect to the Series 2018-2 Notes</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">34</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">&nbsp;&nbsp;&nbsp;&nbsp;Section 2.3.</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Payments to Noteholders</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">39</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">&nbsp;&nbsp;&nbsp;&nbsp;Section 2.4.</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Payment of Note Interest</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">45</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">&nbsp;&nbsp;&nbsp;&nbsp;Section 2.5.</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Payment of Note Principal</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">45</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">&nbsp;&nbsp;&nbsp;&nbsp;Section 2.6.</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Administrator&#146;s Failure to Instruct the Trustee to Make a Deposit or Payment</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">55</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">&nbsp;&nbsp;&nbsp;&nbsp;Section 2.7.</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Series 2018-2 Reserve Accounts</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">55</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">&nbsp;&nbsp;&nbsp;&nbsp;Section 2.8.</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Series 2018-2 Letters of Credit and 2018-2 Cash Collateral Accounts</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">59</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">&nbsp;&nbsp;&nbsp;&nbsp;Section 2.9.</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Series 2018-2 Distribution Account</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">66</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">&nbsp;&nbsp;&nbsp;&nbsp;Section&nbsp;2.10.</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Series 2018-2 Accounts Permitted Investments</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">68</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">&nbsp;&nbsp;&nbsp;&nbsp;Section 2.11.</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Series 2018-2 Demand Notes Constitute Additional Collateral for Series 2018-2 Senior
Notes</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">68</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">&nbsp;&nbsp;&nbsp;&nbsp;Section 2.12.</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Subordination of the Class B Notes, Class C Notes, Class D Notes and the Class R Notes</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">69</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="16" COLSPAN="3"></TD>
<TD HEIGHT="16" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" COLSPAN="3">ARTICLE III AMORTIZATION EVENTS</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">70</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="16" COLSPAN="3"></TD>
<TD HEIGHT="16" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" COLSPAN="3">ARTICLE IV FORM OF SERIES 2018-2 NOTES</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">72</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">&nbsp;&nbsp;&nbsp;&nbsp;Section 4.1.</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Restricted Global Series 2018-2 Notes</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">72</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">&nbsp;&nbsp;&nbsp;&nbsp;Section 4.2.</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Temporary Global Series 2018-2 Notes; Permanent Global Series 2018-2 Notes</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">72</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="16" COLSPAN="3"></TD>
<TD HEIGHT="16" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" COLSPAN="3">ARTICLE V GENERAL</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">73</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">&nbsp;&nbsp;&nbsp;&nbsp;Section 5.1.</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Optional Repurchase</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">73</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">&nbsp;&nbsp;&nbsp;&nbsp;Section 5.2.</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Information</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">73</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">&nbsp;&nbsp;&nbsp;&nbsp;Section 5.3.</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Exhibits</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">73</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">&nbsp;&nbsp;&nbsp;&nbsp;Section 5.4.</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Ratification of Base Indenture</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">74</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">&nbsp;&nbsp;&nbsp;&nbsp;Section 5.5.</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Counterparts</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">74</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">&nbsp;&nbsp;&nbsp;&nbsp;Section 5.6.</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Governing Law</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">74</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">&nbsp;&nbsp;&nbsp;&nbsp;Section 5.7.</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Amendments</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">75</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">&nbsp;&nbsp;&nbsp;&nbsp;Section 5.8.</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Discharge of Base Indenture</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">75</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">&nbsp;&nbsp;&nbsp;&nbsp;Section 5.9.</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Notice to Rating Agencies</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">75</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">&nbsp;&nbsp;&nbsp;&nbsp;Section 5.10.</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Capitalization of ABRCF</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">75</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">&nbsp;&nbsp;&nbsp;&nbsp;Section 5.11.</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Required Noteholders</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">75</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">&nbsp;&nbsp;&nbsp;&nbsp;Section 5.12.</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Series 2018-2 Demand Notes</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">75</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">&nbsp;&nbsp;&nbsp;&nbsp;Section 5.13.</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Termination of Supplement</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">76</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">&nbsp;&nbsp;&nbsp;&nbsp;Section 5.14.</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Noteholder Consent to Certain Amendments</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">76</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">&nbsp;&nbsp;&nbsp;&nbsp;Section 5.15.</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">[Reserved]</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">76</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">&nbsp;&nbsp;&nbsp;&nbsp;Section 5.16.</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Confidential Information</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">76</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">&nbsp;&nbsp;&nbsp;&nbsp;Section 5.17.</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Capitalized Cost Covenant</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">78</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR></TABLE>
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<TD VALIGN="top">&nbsp;&nbsp;&nbsp;&nbsp;Section&nbsp;5.18.</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Further Limitation of Liability</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">78</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">&nbsp;&nbsp;&nbsp;&nbsp;Section&nbsp;5.19.</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Series 2018-2 Agent</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">78</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">&nbsp;&nbsp;&nbsp;&nbsp;Section&nbsp;5.20.</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Force Majeure</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">78</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">&nbsp;&nbsp;&nbsp;&nbsp;Section&nbsp;5.21.</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Waiver of Jury Trial, etc</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">78</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">&nbsp;&nbsp;&nbsp;&nbsp;Section&nbsp;5.22.</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Submission to Jurisdiction</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">78</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">&nbsp;&nbsp;&nbsp;&nbsp;Section&nbsp;5.23.</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Additional Terms of the Series 2018-2 Notes</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">79</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">&nbsp;&nbsp;&nbsp;&nbsp;Section&nbsp;5.24.</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Class D Notes Conditions Precedent</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">80</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
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 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="right"><B>Exhibit 10.2 </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="right">EXECUTION VERSION </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">AVIS BUDGET
RENTAL CAR FUNDING (AESOP) LLC, </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">as Issuer </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">and </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">THE BANK OF NEW YORK MELLON
TRUST COMPANY, N.A., </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">as Trustee and Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Agent </P>
<P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><center> <P STYLE="line-height:6.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1.00pt solid #000000;width:21%">&nbsp;</P></center>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">AMENDED AND RESTATED SERIES <FONT STYLE="white-space:nowrap">2019-2</FONT> SUPPLEMENT </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">dated as of </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">June&nbsp;18, 2021
</P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">to </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">SECOND AMENDED AND
RESTATED BASE INDENTURE </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">dated as of June&nbsp;3, 2004 </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><center>
<P STYLE="line-height:6.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1.00pt solid #000000;width:21%">&nbsp;</P></center> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">Series <FONT
STYLE="white-space:nowrap">2019-2</FONT> 3.35% Rental Car Asset Backed Notes, Class&nbsp;A </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">Series
<FONT STYLE="white-space:nowrap">2019-2</FONT> 3.55% Rental Car Asset Backed Notes, Class&nbsp;B </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">Series
<FONT STYLE="white-space:nowrap">2019-2</FONT> 4.24% Rental Car Asset Backed Notes, Class&nbsp;C </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">Series
<FONT STYLE="white-space:nowrap">2019-2</FONT> 3.04% Rental Car Asset Backed Notes, Class&nbsp;D </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">Series
<FONT STYLE="white-space:nowrap">2019-2</FONT> 5.926% Rental Car Asset Backed Notes, Class&nbsp;R </P>
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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">AMENDED AND RESTATED SERIES <FONT STYLE="white-space:nowrap">2019-2</FONT> SUPPLEMENT, dated
as of June&nbsp;18, 2021 (this &#147;<U>Supplement</U>&#148;), among AVIS BUDGET RENTAL CAR FUNDING (AESOP) LLC, a special purpose limited liability company established under the laws of Delaware (&#147;<U>ABRCF</U>&#148;), THE BANK OF NEW YORK
MELLON TRUST COMPANY, N.A. (formerly known as The Bank of New York), a limited purpose national banking association with trust powers, as trustee (in such capacity, and together with its successors in trust thereunder as provided in the Base
Indenture referred to below, the &#147;<U>Trustee</U>&#148;), and THE BANK OF NEW YORK MELLON TRUST COMPANY, N.A. (formerly known as The Bank of New York), as agent (in such capacity, the &#147;<U>Series
<FONT STYLE="white-space:nowrap">2019-2</FONT> Agent</U>&#148;) for the benefit of the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Noteholders, to the Second Amended and Restated Base Indenture, dated as of June&nbsp;3, 2004, between ABRCF
and the Trustee (as amended, modified or supplemented from time to time, exclusive of Supplements creating a new Series of Notes, the &#147;<U>Base Indenture</U>&#148;). </P>
<P STYLE="margin-top:24pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>PRELIMINARY STATEMENT </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">WHEREAS, Sections 2.2 and 12.1 of the Base Indenture provide, among other things, that ABRCF and the Trustee may at any time and from time to
time enter into a supplement to the Base Indenture for the purpose of authorizing the issuance of one or more Series of Notes; </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">WHEREAS,
ABRCF and the Trustee entered into the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Supplement, dated April&nbsp;23, 2019 (the &#147;<U>Prior Supplement</U>&#148;); </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">WHEREAS, on April&nbsp;23, 2019, ABRCF issued its Series <FONT STYLE="white-space:nowrap">2019-2</FONT> 3.35% Rental Car Asset Backed Notes,
Class&nbsp;A, its Series <FONT STYLE="white-space:nowrap">2019-2</FONT> 3.55% Rental Car Asset Backed Notes, Class&nbsp;B, its Series <FONT STYLE="white-space:nowrap">2019-2</FONT> 4.24% Rental Car Asset Backed Notes, Class&nbsp;C, and its Series <FONT
STYLE="white-space:nowrap">2019-2</FONT> 5.926% Rental Car Asset Backed Notes, Class&nbsp;R under the Prior Supplement; </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">WHEREAS,
Section&nbsp;5.15 of the Prior Supplement permits ABRCF to issue Class&nbsp;D Notes and Additional Class&nbsp;R Notes and to make certain amendments to the Prior Supplement in connection with such issuance, subject, in each case, to certain
conditions set forth therein; </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">WHEREAS, ABRCF desires to issue Class&nbsp;D Notes and additional Class&nbsp;R Notes (the
&#147;<U>Additional Class</U><U></U><U>&nbsp;R Notes</U>&#148;) on the Class&nbsp;D Notes Closing Date; and </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">WHEREAS, in connection with
the issuance of the Class&nbsp;D Notes and Additional Class&nbsp;R Notes and in accordance with Section&nbsp;5.15 of the Prior Supplement, the Prior Supplement is amended and restated on the Class&nbsp;D Notes Closing Date in its entirety as set
forth herein; </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">NOW, THEREFORE, the parties hereto agree as follows: </P>
<P STYLE="margin-top:24pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>DESIGNATION </B></P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">There was
created a Series of Notes issued pursuant to the Base Indenture and the Prior Supplement, and such Series of Notes was designated generally as the &#147;Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Rental Car Asset Backed Notes&#148;. The
Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Notes were permitted to be issued in up to five Classes, the first of which is known as the &#147;Class&nbsp;A Notes&#148;, the second of which is known as the &#147;Class&nbsp;B Notes&#148;, the
third of which is known as the &#147;Class&nbsp;C Notes&#148;, the fourth of which is known as the &#147;Class&nbsp;R Notes&#148; and the fifth of which shall be known as the &#147;Class&nbsp;D Notes&#148;. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">1 </P>

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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">On the Class&nbsp;A/B/C Notes Closing Date, ABRCF issued (i)&nbsp;one tranche of
Class&nbsp;A Notes designated as the &#147;Series <FONT STYLE="white-space:nowrap">2019-2</FONT> 3.35% Rental Car Asset Backed Notes, Class&nbsp;A&#148;, (ii) one tranche of Class&nbsp;B Notes designated as the &#147;Series <FONT
STYLE="white-space:nowrap">2019-2</FONT> 3.55% Rental Car Asset Backed Notes, Class&nbsp;B&#148;, (iii) one tranche of Class&nbsp;C Notes designated as the &#147;Series <FONT STYLE="white-space:nowrap">2019-2</FONT> 4.24% Rental Car Asset Backed
Notes, Class&nbsp;C&#148; and (iv)&nbsp;one tranche of Class&nbsp;R Notes designated the &#147;Series <FONT STYLE="white-space:nowrap">2019-2</FONT> 5.926% Rental Car Asset Backed Notes, Class&nbsp;R&#148;. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">On the Class&nbsp;D Notes Closing Date, ABRCF shall issue (i)&nbsp;one tranche of Class&nbsp;D Notes designated as the &#147;Series <FONT
STYLE="white-space:nowrap">2019-2</FONT> Rental Car Asset Backed Notes, Class&nbsp;D&#148; and (ii)&nbsp;Additional Class&nbsp;R Notes. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">The Class&nbsp;A Notes, Class&nbsp;B Notes, Class&nbsp;C Notes, Class&nbsp;D Notes and Class&nbsp;R Notes collectively, constitute the Series <FONT
STYLE="white-space:nowrap">2019-2</FONT> Notes. The Class&nbsp;B Notes shall be subordinated in right of payment to the Class&nbsp;A Notes, to the extent set forth herein. The Class&nbsp;C Notes shall be subordinated in right of payment to the
Class&nbsp;A Notes and Class&nbsp;B Notes, to the extent set forth herein. The Class&nbsp;D Notes shall be subordinated in right of payment to the Class&nbsp;A Notes, Class&nbsp;B Notes and Class&nbsp;C Notes, to the extent set forth herein. The
Class&nbsp;R Notes shall be subordinated to the Class&nbsp;A Notes, the Class&nbsp;B Notes, the Class&nbsp;C Notes and the Class&nbsp;D Notes. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">The proceeds from the sale of the Class&nbsp;A Notes, Class&nbsp;B Notes, Class&nbsp;C Notes and Class&nbsp;R Notes were deposited in the
Collection Account and were deemed to be Principal Collections, and the proceeds from the sale of the Class&nbsp;D Notes and Additional Class&nbsp;R Notes shall be deposited in the Collection Account and shall be deemed to be Principal Collections.
</P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">The Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Notes are a <FONT STYLE="white-space:nowrap">non-Segregated</FONT> Series of
Notes (as more fully described in the Base Indenture). Accordingly, all references in this Supplement to &#147;all&#148; Series of Notes (and all references in this Supplement to terms defined in the Base Indenture that contain references to
&#147;all&#148; Series of Notes) shall refer to all Series of Notes other than Segregated Series of Notes. </P> <P STYLE="margin-top:24pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>ARTICLE I </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>DEFINITIONS </B></P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(a) All
capitalized terms not otherwise defined herein are defined in the Definitions List attached to the Base Indenture as Schedule I thereto. All Article, Section, Subsection or Exhibit references herein shall refer to Articles, Sections, Subsections or
Exhibits of this Supplement, except as otherwise provided herein. Unless otherwise stated herein, as the context otherwise requires or if such term is otherwise defined in the Base Indenture, each capitalized term used or defined herein shall relate
only to the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Notes and not to any other Series of Notes issued by ABRCF. In the event that a term used herein shall be defined both herein and in the Base Indenture, the definition of such term
herein shall govern. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(b) The following words and phrases shall have the following meanings with respect to the Series <FONT
STYLE="white-space:nowrap">2019-2</FONT> Notes and the definitions of such terms are applicable to the singular as well as the plural form of such terms and to the masculine as well as the feminine and neuter genders of such terms: </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">2 </P>

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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>ABCR</U>&#148; means Avis Budget Car Rental, LLC. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Additional Class</U><U></U><U>&nbsp;R Notes</U>&#148; is defined in the preamble hereto. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Adjusted Net Book Value</U>&#148; means, as of any date of determination, with respect to each Adjusted Program Vehicle as of such
date, the product of 0.965 and the Net Book Value of such Adjusted Program Vehicle as of such date. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Applicable Distribution
Date</U>&#148; means each Distribution Date occurring after the later of (i)&nbsp;the Optional Repurchase Distribution Date and (ii)&nbsp;the first Distribution Date occurring during the Series <FONT STYLE="white-space:nowrap">2019-2</FONT>
Controlled Amortization Period. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Business Day</U>&#148; means any day other than (a)&nbsp;a Saturday or a Sunday or (b)&nbsp;a
day on which banking institutions in New York City or in the city in which the corporate trust office of the Trustee is located are authorized or obligated by law or executive order to close. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Certificate of Lease Deficit Demand</U>&#148; means a certificate substantially in the form of <U>Annex A</U> to the Series <FONT
STYLE="white-space:nowrap">2019-2</FONT> Letters of Credit. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Certificate of Termination Date Demand</U>&#148; means a certificate
substantially in the form of <U>Annex D</U> to the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Letters of Credit. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Certificate of Termination Demand</U>&#148; means a certificate substantially in the form of <U>Annex C</U> to the Series <FONT
STYLE="white-space:nowrap">2019-2</FONT> Letters of Credit. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Certificate of Unpaid Demand Note Demand</U>&#148; means a
certificate substantially in the form of <U>Annex B</U> to the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Letters of Credit. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U>&#148; means a class of the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Notes, which may be the Class&nbsp;A
Notes, the Class&nbsp;B Notes, the Class&nbsp;C Notes, the Class&nbsp;D Notes or the Class&nbsp;R Notes. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;A Carryover Controlled Amortization Amount</U>&#148; means, with respect to any Related Month during the
Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Controlled Amortization Period, the amount, if any, by which the portion of the Monthly Total Principal Allocation paid to the Class&nbsp;A Noteholders pursuant to Section&nbsp;2.5(f)(i) for the
previous Related Month was less than the Class&nbsp;A Controlled Distribution Amount for the previous Related Month; <U>provided</U>, <U>however</U>, that for the first Related Month in the Series <FONT STYLE="white-space:nowrap">2019-2</FONT>
Controlled Amortization Period, the Class&nbsp;A Carryover Controlled Amortization Amount shall be zero. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;A Controlled Amortization Amount</U>&#148; means, (i)&nbsp;with respect to any Related Month during the
Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Controlled Amortization Period other than the Related Month immediately preceding the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Expected Final Distribution Date, $89,266,666.67 and
(ii)&nbsp;with respect to the Related Month immediately preceding the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Expected Final Distribution Date, $89,266,666.65. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;A Controlled Distribution Amount</U>&#148; means, with respect to any Related Month during the Series <FONT
STYLE="white-space:nowrap">2019-2</FONT> Controlled Amortization Period, an amount equal to the sum of the Class&nbsp;A Controlled Amortization Amount and any Class&nbsp;A Carryover Controlled Amortization Amount for such Related Month. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">3 </P>

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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;A Initial Invested Amount</U>&#148; means the aggregate
initial principal amount of the Class&nbsp;A Notes, which is $535,600,000. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;A Invested Amount</U>&#148;
means, when used with respect to any date, an amount equal to (a)&nbsp;the Class&nbsp;A Initial Invested Amount <U>minus</U> (b)&nbsp;the amount of principal payments made to Class&nbsp;A Noteholders on or prior to such date. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;A Monthly Interest</U>&#148; means, with respect to (i)&nbsp;the initial Series <FONT
STYLE="white-space:nowrap">2019-2</FONT> Interest Period, an amount equal to $1,345,695 and (ii)&nbsp;any other Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Interest Period, an amount equal to the product of
<FONT STYLE="white-space:nowrap">(A)&nbsp;one-twelfth</FONT> of the Class&nbsp;A Note Rate and (B)&nbsp;the Class&nbsp;A Invested Amount on the first day of such Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Interest Period, after giving
effect to any principal payments made on such date. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;A Note</U>&#148; means any one of the Series <FONT
STYLE="white-space:nowrap">2019-2</FONT> 3.35% Rental Car Asset Backed Notes, Class&nbsp;A, executed by ABRCF and authenticated by or on behalf of the Trustee, substantially in the form of <U>Exhibit
A</U><U><FONT STYLE="white-space:nowrap">-1</FONT></U>, <U>Exhibit <FONT STYLE="white-space:nowrap">A-2</FONT></U> or <U>Exhibit <FONT STYLE="white-space:nowrap">A-3</FONT></U>. Definitive Class&nbsp;A Notes shall have such insertions and deletions
as are necessary to give effect to the provisions of Section&nbsp;2.18 of the Base Indenture. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;A Note
Rate</U>&#148; means 3.35% per annum. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;A Noteholder</U>&#148; means the Person in whose name a
Class&nbsp;A Note is registered in the Note Register. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;A Shortfall</U>&#148; has the meaning set forth
in Section&nbsp;2.3(g)(i). </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;A/B/C Available Cash Collateral Account Amount</U>&#148; means, as of any
date of determination, the amount on deposit in the Class&nbsp;A/B/C Cash Collateral Account (after giving effect to any deposits thereto and withdrawals and releases therefrom on such date). </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;A/B/C Available Reserve Account Amount</U>&#148; means, as of any date of determination, the amount on
deposit in the Class&nbsp;A/B/C Reserve Account (after giving effect to any deposits thereto and withdrawals and releases therefrom on such date). </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;A/B/C Cash Collateral Account</U>&#148; is defined in Section&nbsp;2.8(h). </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;A/B/C Cash Collateral Account Collateral</U>&#148; is defined in Section&nbsp;2.8(a). </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;A/B/C Cash Collateral Account Surplus</U>&#148; means, with respect to any Distribution Date, the lesser of
(a)&nbsp;the Class&nbsp;A/B/C Available Cash Collateral Account Amount and (b)&nbsp;the least of (A)&nbsp;the excess, if any, of the Class&nbsp;A/B/C Liquidity Amount (after giving effect to any withdrawal from the Class&nbsp;A/B/C Reserve Account
on such Distribution Date) over the Class&nbsp;A/B/C Required Liquidity Amount on such Distribution Date, (B)&nbsp;the excess, if any, of the Class&nbsp;A/B/C Enhancement Amount (after giving effect to any withdrawal from the Class&nbsp;A/B/C
Reserve Account on such Distribution Date) over the Class&nbsp;A/B/C Required Enhancement Amount </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">4 </P>

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on such Distribution Date and (C)&nbsp;the excess, if any, of the Class&nbsp;D Enhancement Amount (after giving effect to any withdrawal from the Series
<FONT STYLE="white-space:nowrap">2019-2</FONT> Reserve Accounts on such Distribution Date) over the Class&nbsp;D Required Enhancement Amount on such Distribution Date; <U>provided</U>, <U>however</U>, that, on any date after the Series <FONT
STYLE="white-space:nowrap">2019-2</FONT> Letter of Credit Termination Date, the Class&nbsp;A/B/C Cash Collateral Account Surplus shall mean the excess, if any, of (x)&nbsp;the Class&nbsp;A/B/C Available Cash Collateral Account Amount over
(y)&nbsp;the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Demand Note Payment Amount <U>minus</U><I> </I>the <FONT STYLE="white-space:nowrap">Pre-Preference</FONT> Period Demand Note Payments as of such date. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;A/B/C Cash Collateral Percentage</U>&#148; means, as of any date of determination, the percentage equivalent
of a fraction, the numerator of which is the Class&nbsp;A/B/C Available Cash Collateral Account Amount as of such date and the denominator of which is the Class&nbsp;A/B/C Letter of Credit Liquidity Amount as of such date. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;A/B/C Enhancement Amount</U>&#148; means, as of any date of determination, the sum of (a)&nbsp;the
Class&nbsp;A/B/C Overcollateralization Amount as of such date, plus (b)&nbsp;the Class&nbsp;A/B/C Letter of Credit Amount as of such date, plus (c)&nbsp;the Class&nbsp;A/B/C Available Reserve Account Amount as of such date, plus (d)&nbsp;the amount
of cash and Permitted Investments on deposit in the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Collection Account (not including amounts allocable to the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Accrued Interest Account) and
the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Excess Collection Account as of such date. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;A/B/C Enhancement Deficiency</U>&#148; means, on any date of determination, the amount by which the
Class&nbsp;A/B/C Enhancement Amount is less than the Class&nbsp;A/B/C Required Enhancement Amount as of such date. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;A/B/C Invested Amount</U>&#148; means, as of any date of determination, the sum of the Class&nbsp;A Invested
Amount as of such date, the Class&nbsp;B Invested Amount as of such date and the Class&nbsp;C Invested Amount as of such date. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;A/B/C Letter of Credit</U>&#148; means an irrevocable letter of credit, if any, substantially in the form of
<U>Exhibit G</U> issued by a Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Eligible Letter of Credit Provider in favor of the Trustee for the benefit of the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Noteholders. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;A/B/C Letter of Credit Amount</U>&#148; means, as of any date of determination, the lesser of (a)&nbsp;the
sum of (i)&nbsp;the aggregate amount available to be drawn on such date under each Class&nbsp;A/B/C Letter of Credit (other than any Class&nbsp;A/B/C Letter of Credit on which a draw has been made pursuant to Section&nbsp;2.8(e)), as specified
therein, and (ii)&nbsp;if the Class&nbsp;A/B/C Cash Collateral Account has been established and funded pursuant to Section&nbsp;2.8, the Class&nbsp;A/B/C Available Cash Collateral Account Amount on such date and (b)&nbsp;the aggregate outstanding
principal amount of the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Demand Notes on such date. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;A/B/C Letter of Credit Expiration Date</U>&#148; means, with respect to any Class&nbsp;A/B/C Letter of
Credit, the expiration date set forth in such Class&nbsp;A/B/C Letter of Credit, as such date may be extended in accordance with the terms of such Class&nbsp;A/B/C Letter of Credit. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;A/B/C Letter of Credit Liquidity Amount</U>&#148; means, as of any date of determination, the sum of
(a)&nbsp;the aggregate amount available to be drawn on such date under each Class&nbsp;A/B/C Letter of Credit (other than any Class&nbsp;A/B/C Letter of Credit on which a draw has </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">5 </P>

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been made pursuant to Section&nbsp;2.8(e)), as specified therein, and (b)&nbsp;if the Class&nbsp;A/B/C Cash Collateral Account has been established and funded pursuant to Section&nbsp;2.8, the
Class&nbsp;A/B/C Available Cash Collateral Account Amount on such date. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;A/B/C Liquidity
Amount</U>&#148; means, as of any date of determination, the sum of (a)&nbsp;the Class&nbsp;A/B/C Letter of Credit Liquidity Amount on such date and (b)&nbsp;the Class&nbsp;A/B/C Available Reserve Account Amount on such date. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;A/B/C Notes Closing Date</U>&#148; means April&nbsp;23, 2019. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;A/B/C Overcollateralization Amount</U>&#148; means, the excess, if any of (x)&nbsp;the Series <FONT
STYLE="white-space:nowrap">2019-2</FONT> AESOP I Operating Lease Loan Agreement Borrowing Base as of such date over (y)&nbsp;the sum of the Class&nbsp;A Invested Amount, the Class&nbsp;B Invested Amount and the Class&nbsp;C Invested Amount, in each
case, as of such date. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;A/B/C Percentage</U>&#148; means, (i)&nbsp;as of any date of determination on
which the Class&nbsp;A Notes, Class&nbsp;B Notes or Class&nbsp;D Notes remain outstanding, the lesser of (x) 100% and (y)&nbsp;the percentage equivalent of a fraction, the numerator of which is the sum of the Class&nbsp;A/B/C Invested Amount and the
Class&nbsp;A/B/C Required Overcollateralization Amount and the denominator of which is the sum of the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Invested Amount and the Class&nbsp;D Required Overcollateralization Amount and (ii)&nbsp;as
of any other date of determination, 0%. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;A/B/C Principal Deficit Amount</U>&#148; means, as of any date
of determination, the excess, if any, of (i)&nbsp;the Class&nbsp;A/B/C Invested Amount on such date (after giving effect to the distribution of the Monthly Total Principal Allocation for the Related Month if such date is a Distribution Date) over
(ii)&nbsp;the product of the Class&nbsp;A/B/C Percentage and the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> AESOP I Operating Lease Loan Agreement Borrowing Base on such date; <U>provided</U>, <U>however</U>, that the Class&nbsp;A/B/C
Principal Deficit Amount on any date occurring during the period commencing on and including the date of the filing by any of the Lessees of a petition for relief under Chapter 11 of the Bankruptcy Code to but excluding the date on which each of the
Lessees shall have resumed making all payments of the portion of Monthly Base Rent relating to interest payable on the Notes, will mean the excess, if any, of (x)&nbsp;the Class&nbsp;A/B/C Invested Amount on such date (after giving effect to the
distribution of Monthly Total Principal Allocation for the Related Month if such date is a Distribution Date) over (y)&nbsp;the sum of (1)&nbsp;the product of the Class&nbsp;A/B/C Percentage and the Series
<FONT STYLE="white-space:nowrap">2019-2</FONT> AESOP I Operating Lease Loan Agreement Borrowing Base on such date and (2)&nbsp;the lesser of (a)&nbsp;the Class&nbsp;A/B/C Liquidity Amount on such date and (b)&nbsp;the Class&nbsp;A/B/C Required
Liquidity Amount on such date. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;A/B/C Pro Rata Share</U>&#148; means, with respect to any Series <FONT
STYLE="white-space:nowrap">2019-2</FONT> Letter of Credit Provider as of any date, the fraction (expressed as a percentage) obtained by dividing (A)&nbsp;the available amount under such Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Letter of
Credit Provider&#146;s Class&nbsp;A/B/C Letter of Credit as of such date by (B)&nbsp;an amount equal to the aggregate available amount under all Class&nbsp;A/B/C Letters of Credit as of such date; <U>provided</U>, <U>however</U>, that only for
purposes of calculating the Class&nbsp;A/B/C Pro Rata Share with respect to any Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Letter of Credit Provider as of any date, if such Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Letter of
Credit Provider has not complied with its obligation to pay the Trustee the amount of any draw under its Class&nbsp;A/B/C Letter of Credit made prior to such date, the available amount under such Series <FONT STYLE="white-space:nowrap">2019-2</FONT>
Letter of Credit Provider&#146;s Class&nbsp;A/B/C Letter </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">6 </P>

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of Credit as of such date shall be treated as reduced (for calculation purposes only) by the amount of such unpaid demand and shall not be reinstated for purposes of such calculation unless and
until the date as of which such Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Letter of Credit Provider has paid such amount to the Trustee and been reimbursed by the Lessee or the applicable Demand Note Issuer, as the case may be, for such
amount (<U>provided</U>, <U>however</U>, that the foregoing calculation shall not in any manner reduce the undersigned&#146;s actual liability in respect of any failure to pay any demand under its Series
<FONT STYLE="white-space:nowrap">2019-2</FONT> Letter of Credit). </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;A/B/C Required Enhancement
Amount</U>&#148; means, as of any date of determination, the sum of (i)&nbsp;the greater of (A)&nbsp;the applicable Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Moody&#146;s Required Enhancement Amount as of such date and (B)&nbsp;the
Series <FONT STYLE="white-space:nowrap">2019-2</FONT> DBRS Required Enhancement Amount as of such date, (ii)&nbsp;the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> AESOP I Operating Lease Vehicle Percentage as of the immediately preceding
Business Day of the excess, if any, of the <FONT STYLE="white-space:nowrap">Non-Program</FONT> Vehicle Amount as of such date over the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Maximum <FONT STYLE="white-space:nowrap">Non-Program</FONT>
Vehicle Amount as of such date, (iii)&nbsp;the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> AESOP I Operating Lease Vehicle Percentage as of the immediately preceding Business Day of the excess, if any, of the aggregate Net Book Value of
all Vehicles manufactured by Mitsubishi and leased under the Leases as of such date over the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Maximum Mitsubishi Amount as of such date, (iv)&nbsp;the Series
<FONT STYLE="white-space:nowrap">2019-2</FONT> AESOP I Operating Lease Vehicle Percentage as of the immediately preceding Business Day of the excess, if any, of the aggregate Net Book Value of all Vehicles manufactured by Isuzu or Subaru,
individually, and leased under the Leases as of such date over the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Maximum Individual Isuzu/Subaru Amount as of such date, (v)&nbsp;the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> AESOP
I Operating Lease Vehicle Percentage as of the immediately preceding Business Day of the excess, if any, of the aggregate Net Book Value of all Vehicles manufactured by Hyundai and leased under the Leases as of such date over the Series <FONT
STYLE="white-space:nowrap">2019-2</FONT> Maximum Hyundai Amount as of such date, (vi)&nbsp;the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> AESOP I Operating Lease Vehicle Percentage as of the immediately preceding Business Day of the
excess, if any, of the aggregate Net Book Value of all Vehicles manufactured by Kia and leased under the Leases as of such date over the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Maximum Kia Amount as of such date, (vii)&nbsp;the Series <FONT
STYLE="white-space:nowrap">2019-2</FONT> AESOP I Operating Lease Vehicle Percentage as of the immediately preceding Business Day of the excess, if any, of the aggregate Net Book Value of all Vehicles manufactured by Suzuki and leased under the
Leases as of such date over the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Maximum Suzuki Amount as of such date, (viii)&nbsp;the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> AESOP I Operating Lease Vehicle Percentage as of the
immediately preceding Business Day of the excess, if any, of the Specified States Amount as of such date over the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Maximum Specified States Amount as of such date, (ix)&nbsp;the Series <FONT
STYLE="white-space:nowrap">2019-2</FONT> AESOP I Operating Lease Vehicle Percentage as of the immediately preceding Business Day of the excess, if any, of the <FONT STYLE="white-space:nowrap">Non-Eligible</FONT> Manufacturer Amount as of such date
over the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Maximum <FONT STYLE="white-space:nowrap">Non-Eligible</FONT> Manufacturer Amount as of such date and (x)&nbsp;the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> AESOP I Operating
Lease Vehicle Percentage as of the immediately preceding Business Day of the excess, if any, of the Net Book Value of all Vehicles leased under the Leases as of such date that were used vehicles at the time of acquisition over the Series <FONT
STYLE="white-space:nowrap">2019-2</FONT> Maximum Used Vehicle Amount as of such date. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;A/B/C Required
Liquidity Amount</U>&#148; means, as of any date of determination, an amount equal to the product of 2.25% and the Class&nbsp;A/B/C Senior Invested Amount as of such date. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">7 </P>

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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;A/B/C Required Overcollateralization Amount</U>&#148;
means, as of any date of determination, the excess, if any, of the Class&nbsp;A/B/C Required Enhancement Amount over the sum of (i)&nbsp;the Class&nbsp;A/B/C Letter of Credit Amount as of such date, (ii)&nbsp;the Class&nbsp;A/B/C Available Reserve
Account Amount on such date and (iii)&nbsp;the amount of cash and Permitted Investments on deposit in the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Collection Account (not including amounts allocable to the Series <FONT
STYLE="white-space:nowrap">2019-2</FONT> Accrued Interest Account) and the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Excess Collection Account on such date. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;A/B/C Required Reserve Account Amount</U>&#148; means, for any date of determination, an amount equal to the
greatest of (a)&nbsp;the excess, if any, of the Class&nbsp;A/B/C Required Liquidity Amount as of such date over the Class&nbsp;A/B/C Letter of Credit Liquidity Amount as of such date, (b)&nbsp;the excess, if any, of the Class&nbsp;A/B/C Required
Enhancement Amount as of such date over the Class&nbsp;A/B/C Enhancement Amount (excluding therefrom the Class&nbsp;A/B/C Available Reserve Account Amount and calculated after giving effect to any payments of principal to be made on the Series <FONT
STYLE="white-space:nowrap">2019-2</FONT> Notes) as of such date and (c)&nbsp;the excess, if any, of the Class&nbsp;D Required Enhancement Amount over the Class&nbsp;D Enhancement Amount (excluding therefrom the Class&nbsp;A/B/C Available Reserve
Account Amount and calculated after giving effect to any payments of principal to be made on the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Notes) as of such date. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;A/B/C Reserve Account</U>&#148; is defined in Section&nbsp;2.7(a). </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;A/B/C Reserve Account Collateral</U>&#148; is defined in Section&nbsp;2.7(d). </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;A/B/C Reserve Account Surplus</U>&#148; means, with respect to any Distribution Date, the excess, if any, of
the Class&nbsp;A/B/C Available Reserve Account Amount over the Class&nbsp;A/B/C Required Reserve Account Amount on such Distribution Date. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;B Carryover Controlled Amortization Amount</U>&#148; means, with respect to any Related Month during the
Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Controlled Amortization Period, the amount, if any, by which the portion of the Monthly Total Principal Allocation paid to the Class&nbsp;B Noteholders pursuant to Section&nbsp;2.5(f)(ii) for the
previous Related Month was less than the Class&nbsp;B Controlled Distribution Amount for the previous Related Month; <U>provided</U>, <U>however</U>, that for the first Related Month in the Series <FONT STYLE="white-space:nowrap">2019-2</FONT>
Controlled Amortization Period, the Class&nbsp;B Carryover Controlled Amortization Amount shall be zero. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;B Controlled Amortization Amount</U>&#148; means, with respect to any Related Month during the Series <FONT
STYLE="white-space:nowrap">2019-2</FONT> Controlled Amortization Period, $10,400,000. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;B Controlled
Distribution Amount</U>&#148; means, with respect to any Related Month during the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Controlled Amortization Period, an amount equal to the sum of the Class&nbsp;B Controlled Amortization Amount and
any Class&nbsp;B Carryover Controlled Amortization Amount for such Related Month. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;B Initial Invested
Amount</U>&#148; means the aggregate initial principal amount of the Class&nbsp;B Notes, which is $62,400,000. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;B Invested Amount</U>&#148; means, when used with respect to any date, an amount equal to (a)&nbsp;the
Class&nbsp;B Initial Invested Amount <U>minus</U> (b)&nbsp;the amount of principal payments made to Class&nbsp;B Noteholders on or prior to such date. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">8 </P>

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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;B Monthly Interest</U>&#148; means, with respect to
(i)&nbsp;the initial Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Interest Period, an amount equal to $166,140 and (ii)&nbsp;any other Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Interest Period, an amount equal to the product of <FONT
STYLE="white-space:nowrap">(A)&nbsp;one-twelfth</FONT> of the Class&nbsp;B Note Rate and (B)&nbsp;the Class&nbsp;B Invested Amount on the first day of such Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Interest Period, after giving effect to
any principal payments made on such date. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;B Note</U>&#148; means any one of the Series <FONT
STYLE="white-space:nowrap">2019-2</FONT> 3.55% Rental Car Asset Backed Notes, Class&nbsp;B, executed by ABRCF and authenticated by or on behalf of the Trustee, substantially in the form of <U>Exhibit
B</U><U><FONT STYLE="white-space:nowrap">-1</FONT></U>, <U>Exhibit B</U><U><FONT STYLE="white-space:nowrap">-2</FONT></U> or <U>Exhibit B</U><U><FONT STYLE="white-space:nowrap">-3</FONT></U>. Definitive Class&nbsp;B Notes shall have such insertions
and deletions as are necessary to give effect to the provisions of Section&nbsp;2.18 of the Base Indenture. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;B Note Rate</U>&#148; means 3.55% per annum. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;B Noteholder</U>&#148; means the Person in whose name a Class&nbsp;B Note is registered in the Note
Register. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;B Shortfall</U>&#148; has the meaning set forth in Section&nbsp;2.3(g)(ii). </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;C Carryover Controlled Amortization Amount</U>&#148; means, with respect to any Related Month during the
Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Controlled Amortization Period, the amount, if any, by which the portion of the Monthly Total Principal Allocation paid to the Class&nbsp;C Noteholders pursuant to Section&nbsp;2.5(f)(iii) for
the previous Related Month was less than the Class&nbsp;C Controlled Distribution Amount for the previous Related Month; <U>provided</U>, <U>however</U>, that for the first Related Month in the Series <FONT STYLE="white-space:nowrap">2019-2</FONT>
Controlled Amortization Period, the Class&nbsp;C Carryover Controlled Amortization Amount shall be zero. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;C Controlled Amortization Amount</U>&#148; means, (i)&nbsp;with respect to any Related Month during the
Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Controlled Amortization Period other than the Related Month immediately preceding the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Expected Final Distribution Date, $8,666,666.67 and
(ii)&nbsp;with respect to the Related Month immediately preceding the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Expected Final Distribution Date, $8,666,666.65. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;C Controlled Distribution Amount</U>&#148; means, with respect to any Related Month during the Series <FONT
STYLE="white-space:nowrap">2019-2</FONT> Controlled Amortization Period, an amount equal to the sum of the Class&nbsp;C Controlled Amortization Amount and any Class&nbsp;C Carryover Controlled Amortization Amount for such Related Month. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;C Initial Invested Amount</U>&#148; means the aggregate initial principal amount of the Class&nbsp;C Notes,
which is $52,000,000. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;C Invested Amount</U>&#148; means, when used with respect to any date, an amount
equal to (a)&nbsp;the Class&nbsp;C Initial Invested Amount <U>minus</U> (b)&nbsp;the amount of principal payments made to Class&nbsp;C Noteholders on or prior to such date. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;C Monthly Interest</U>&#148; means, with respect to (i)&nbsp;the initial Series <FONT
STYLE="white-space:nowrap">2019-2</FONT> Interest Period, an amount equal to $165,360 and (ii)&nbsp;any other Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Interest Period, an amount equal to the product of
<FONT STYLE="white-space:nowrap">(A)&nbsp;one-twelfth</FONT> of the Class&nbsp;C Note Rate and (B)&nbsp;the Class&nbsp;C Invested Amount on the first day of such Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Interest Period, after giving
effect to any principal payments made on such date. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">9 </P>

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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;C Note</U>&#148; means any one of the Series <FONT
STYLE="white-space:nowrap">2019-2</FONT> 4.24% Rental Car Asset Backed Notes, Class&nbsp;C, executed by ABRCF and authenticated by or on behalf of the Trustee, substantially in the form of <U>Exhibit
C</U><U><FONT STYLE="white-space:nowrap">-1</FONT></U>, <U>Exhibit C</U><U><FONT STYLE="white-space:nowrap">-2</FONT></U> or <U>Exhibit C</U><U><FONT STYLE="white-space:nowrap">-3</FONT></U>. Definitive Class&nbsp;C Notes shall have such insertions
and deletions as are necessary to give effect to the provisions of Section&nbsp;2.18 of the Base Indenture. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;C Note Rate</U>&#148; means 4.24% per annum. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;C Noteholder</U>&#148; means the Person in whose name a Class&nbsp;C Note is registered in the Note
Register. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;C Shortfall</U>&#148; has the meaning set forth in Section&nbsp;2.3(g)(iii). </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;D Available Cash Collateral Account Amount</U>&#148; means, as of any date of determination, the amount on
deposit in the Class&nbsp;D Cash Collateral Account (after giving effect to any deposits thereto and withdrawals and releases therefrom on such date). </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;D Available Reserve Account Amount</U>&#148; means, as of any date of determination, the amount on deposit
in the Class&nbsp;D Reserve Account (after giving effect to any deposits thereto and withdrawals and releases therefrom on such date). </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;D Carryover Controlled Amortization Amount</U>&#148; means, with respect to any Related Month during the
Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Controlled Amortization Period, the amount, if any, by which the portion of the Monthly Total Principal Allocation paid to the Class&nbsp;D Noteholders pursuant to Section&nbsp;2.5(f)(iv) for the
previous Related Month was less than the Class&nbsp;D Controlled Distribution Amount for the previous Related Month; <U>provided</U>, <U>however</U>, that for the first Related Month in the Series <FONT STYLE="white-space:nowrap">2019-2</FONT>
Controlled Amortization Period, the Class&nbsp;D Carryover Controlled Amortization Amount shall be zero. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;D Cash Collateral</U>&#148; is defined in Section&nbsp;2.8(j). </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;D Cash Collateral Account&#148;</U> is defined in Section&nbsp;2.8(d). </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;D Cash Collateral Account Surplus</U>&#148; means, with respect to any Distribution Date, the lesser of
(a)&nbsp;the Class&nbsp;D Available Cash Collateral Account Amount and (b)&nbsp;the lesser of (A)&nbsp;the excess, if any, of the Class&nbsp;D Liquidity Amount (after giving effect to any withdrawal from the Class&nbsp;D Reserve Account on such
Distribution Date) over the Class&nbsp;D Required Liquidity Amount on such Distribution Date and (B)&nbsp;the excess, if any, of the Class&nbsp;D Enhancement Amount (after giving effect to any withdrawal from the Class&nbsp;A/B/C Reserve Account and
the Class&nbsp;D Reserve Account and any draws on the Class&nbsp;A/B/C Letters of Credit (or withdrawals from the Class&nbsp;A/B/C Cash Collateral Account) on such Distribution Date) over the Class&nbsp;D Required Enhancement Amount on such
Distribution Date; <U>provided</U>, <U>however</U> that, on any date after the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Letter of Credit Termination Date, the Class&nbsp;D Cash Collateral Account Surplus shall mean the excess, if any,
of (x)&nbsp;the Class&nbsp;D Available Cash Collateral Account Amount over (y)&nbsp;the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Demand Note Payment Amount <U>minus</U><I> </I>the <FONT STYLE="white-space:nowrap">Pre-Preference</FONT>
Period Demand Note Payments as of such date <U>minus</U> the Class&nbsp;A/B/C Cash Collateral Account Amount. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">10 </P>

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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;D Cash Collateral Percentage</U>&#148; means, as of any
date of determination, the percentage equivalent of a fraction, the numerator of which is the Class&nbsp;D Available Cash Collateral Amount as of such date and the denominator of which is the Class&nbsp;D Letter of Credit Liquidity Amount as of such
date. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;D Controlled Amortization Amount</U>&#148; means, with respect to any Related Month during the
Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Controlled Amortization Period, $17,500,000. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;D
Controlled Distribution Amount</U>&#148; means, with respect to any Related Month during the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Controlled Amortization Period, an amount equal to the sum of the Class&nbsp;D Controlled Amortization
Amount and any Class&nbsp;D Carryover Controlled Amortization Amount for such Related Month. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;D
Enhancement Amount</U>&#148; means, as of any date of determination, an amount equal to (a)&nbsp;the Class&nbsp;D Overcollateralization Amount as of such date, plus (b)&nbsp;the Class&nbsp;D Letter of Credit Amount as of such date, plus (c)&nbsp;the
Class&nbsp;D Available Reserve Account Amount as of such date, plus (d)&nbsp;the Class&nbsp;A/B/C Letter of Credit Amount as of such date, plus (e)&nbsp;the Class&nbsp;A/B/C Available Reserve Account Amount as of such date, plus (f)&nbsp;the amount
of cash and Permitted Investments on deposit in the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Collection Account (not including amounts allocable to the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Accrued Interest Account) and
the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Excess Collection Account as of such date. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;D
Enhancement Deficiency</U>&#148; means, on any date of determination, the amount by which the Class&nbsp;D Enhancement Amount is less than the Class&nbsp;D Required Enhancement Amount as of such date. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;D Initial Invested Amount</U>&#148; means the aggregate initial principal amount of the Class&nbsp;D Notes,
which is $105,000,000. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;D Invested Amount</U>&#148; means, when used with respect to any date, an amount
equal to (a)&nbsp;the Class&nbsp;D Initial Invested Amount <U>minus</U> (b)&nbsp;the amount of principal payments made to Class&nbsp;D Noteholders on or prior to such date. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;D Letter of Credit</U>&#148; means an irrevocable letter of credit, if any, substantially in the form of
<U>Exhibit G</U> issued by a Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Eligible Letter of Credit Provider in favor of the Trustee for the benefit of the Class&nbsp;D Noteholders. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;D Letter of Credit Amount</U>&#148; means, as of any date of determination, the lesser of (a)&nbsp;the sum
of (i)&nbsp;the aggregate amount available to be drawn on such date under each Class&nbsp;D Letter of Credit (other than any Class&nbsp;D Letter of Credit on which any draw has been made pursuant to Section&nbsp;2.8(e)), as specified therein, and
(ii)&nbsp;if the Class&nbsp;D Cash Collateral Account has been established and funded pursuant to Section&nbsp;2.8, the Class&nbsp;D Available Cash Collateral Account Amount on such date and (b)&nbsp;the aggregate outstanding principal amount of the
Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Demand Notes on such date. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">11 </P>

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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;D Letter of Credit Expiration Date</U>&#148; means, with
respect to any Class&nbsp;D Letter of Credit, the expiration date set forth in such Class&nbsp;D Letter of Credit, as such date may be extended in accordance with the terms of such Class&nbsp;D Letter of Credit. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;D Letter of Credit Liquidity Amount</U>&#148; means, as of any date of determination, the sum of
(a)&nbsp;the aggregate amount available to be drawn on such date under each Class&nbsp;D Letter of Credit (other than any Class&nbsp;D Letter of Credit on which any draw has been made pursuant to Section&nbsp;2.8(e)), as specified therein, and
(b)&nbsp;if the Class&nbsp;D Cash Collateral Account has been established and funded pursuant to Section&nbsp;2.8, the Class&nbsp;D Available Cash Collateral Account Amount on such date. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;D Liquidity Amount</U>&#148; means, as of any date of determination, the sum of (a)&nbsp;the Class&nbsp;D
Letter of Credit Liquidity Amount on such date and (b)&nbsp;the Class&nbsp;D Available Reserve Account Amount on such date. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;D Monthly Interest</U>&#148; means, with respect to (i)&nbsp;the initial Series <FONT
STYLE="white-space:nowrap">2019-2</FONT> Interest Period for the Class&nbsp;D Notes, an amount equal to $210,773 and (ii)&nbsp;any other Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Interest Period, an amount equal to the product of <FONT
STYLE="white-space:nowrap">(A)&nbsp;one-twelfth</FONT> of the Class&nbsp;D Note Rate and (B)&nbsp;the Class&nbsp;D Invested Amount on the first day of such Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Interest Period, after giving effect to
any principal payments made on such date. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;D Note</U>&#148; means any one of the Series <FONT
STYLE="white-space:nowrap">2019-2</FONT> 3.04% Rental Car Asset Backed Notes, Class&nbsp;D, executed by ABRCF and authenticated by or on behalf of the Trustee, substantially in the form of <U>Exhibit
D</U><U><FONT STYLE="white-space:nowrap">-1</FONT></U>, <U>Exhibit D</U><U><FONT STYLE="white-space:nowrap">-2</FONT></U> or <U>Exhibit D</U><U><FONT STYLE="white-space:nowrap">-3</FONT></U>. Definitive Class&nbsp;D Notes shall have such insertions
and deletions as are necessary to give effect to the provisions of Section&nbsp;2.18 of the Base Indenture. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;D Note Rate</U>&#148; means 3.04% per annum. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;D Noteholder</U>&#148; means the Person in whose name a Class&nbsp;D Note is registered in the Note
Register. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;D Notes Closing Date</U>&#148; means June&nbsp;18, 2021. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;D Overcollateralization Amount</U>&#148; means, the excess, if any of (x)&nbsp;the Series <FONT
STYLE="white-space:nowrap">2019-2</FONT> AESOP I Operating Lease Loan Agreement Borrowing Base as of such date over (y)&nbsp;the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Invested Amount as of such date. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;D Percentage&#148;</U> means, as of any date of determination, a percentage equal to the excess, if any, of
(x) 100% over (y)&nbsp;the Class&nbsp;A/B/C Percentage as of such date. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;D Principal Deficit
Amount</U>&#148; means, as of any date of determination, the excess, if any, of (i)&nbsp;the Class&nbsp;D Invested Amount on such date (after giving effect to the distribution of the Monthly Total Principal Allocation for the Related Month if such
date is a Distribution Date) over (ii)&nbsp;the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> AESOP I Operating Lease Loan Agreement Borrowing Base on such date; <U>provided</U>, <U>however</U> that the Class&nbsp;D Principal Deficit Amount
on any date occurring during the period commencing on and including the date of the filing by any of the Lessees of a petition for relief under Chapter 11 of the Bankruptcy Code to but excluding the </P>

 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">12 </P>

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date on which each of the Lessees shall have resumed making all payments of the portion of Monthly Base Rent relating to Loan Interest required to be made under the AESOP I Operating Lease, shall
mean the excess, if any, of (x)&nbsp;the Class&nbsp;D Invested Amount on such date (after giving effect to the distribution of Monthly Total Principal Allocation for the Related Month if such date is a Distribution Date) over (y)&nbsp;the sum of
(1)&nbsp;the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> AESOP I Operating Lease Loan Agreement Borrowing Base on such date and (2)&nbsp;the lesser of (a)&nbsp;the Class&nbsp;D Liquidity Amount on such date and (b)&nbsp;the Class&nbsp;D
Required Liquidity Amount on such date. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;D Pro Rata Share</U>&#148; means, with respect to any Series <FONT
STYLE="white-space:nowrap">2019-2</FONT> Letter of Credit Provider as of any date, the fraction (expressed as a percentage) obtained by dividing (A)&nbsp;the available amount under such Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Letter of
Credit Provider&#146;s Class&nbsp;D Letter of Credit as of such date by (B)&nbsp;an amount equal to the aggregate available amount under all Class&nbsp;D Letters of Credit as of such date; <U>provided</U>, <U>however</U>, that only for purposes of
calculating the Class&nbsp;D Pro Rata Share with respect to any Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Letter of Credit Provider as of any date, if such Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Letter of Credit Provider
has not complied with its obligation to pay the Trustee the amount of any draw under its Class&nbsp;D Letter of Credit made prior to such date, the available amount under such Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Letter of Credit
Provider&#146;s Class&nbsp;D Letter of Credit as of such date shall be treated as reduced (for calculation purposes only) by the amount of such unpaid demand and shall not be reinstated for purposes of such calculation unless and until the date as
of which such Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Letter of Credit Provider has paid such amount to the Trustee and been reimbursed by the Lessee or the applicable Demand Note Issuer, as the case may be, for such amount
(<U>provided</U>, <U>however</U>, that the foregoing calculation shall not in any manner reduce the undersigned&#146;s actual liability in respect of any failure to pay any demand under its Series <FONT STYLE="white-space:nowrap">2019-2</FONT>
Letter of Credit). </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;D Required Enhancement Amount</U>&#148; means equal, as of any date of
determination, the sum of (i)&nbsp;the applicable Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Moody&#146;s Required Enhancement Amount as of such date, (ii)&nbsp;the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> AESOP I Operating
Lease Vehicle Percentage as of the immediately preceding Business Day of the excess, if any, of the aggregate Net Book Value of all Vehicles manufactured by Mitsubishi and leased under the Leases as of such date over the Series <FONT
STYLE="white-space:nowrap">2019-2</FONT> Maximum Mitsubishi Amount as of such date, (iii)&nbsp;the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> AESOP I Operating Lease Vehicle Percentage as of the immediately preceding Business Day of the
excess, if any, of the aggregate Net Book Value of all Vehicles manufactured by Isuzu or Subaru, individually, and leased under the Leases as of such date over the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Maximum Individual Isuzu/Subaru
Amount as of such date, (iv)&nbsp;the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> AESOP I Operating Lease Vehicle Percentage as of the immediately preceding Business Day of the excess, if any, of the aggregate Net Book Value of all
Vehicles manufactured by Hyundai and leased under the Leases as of such date over the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Maximum Hyundai Amount as of such date, (v)&nbsp;the Series <FONT STYLE="white-space:nowrap">2019-2</FONT>
AESOP I Operating Lease Vehicle Percentage as of the immediately preceding Business Day of the excess, if any, of the aggregate Net Book Value of all Vehicles manufactured by Kia and leased under the Leases as of such date over the Series <FONT
STYLE="white-space:nowrap">2019-2</FONT> Maximum Kia Amount as of such date, (vi)&nbsp;the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> AESOP I Operating Lease Vehicle Percentage as of the immediately preceding Business Day of the excess,
if any, of the aggregate Net Book Value of all Vehicles manufactured by Suzuki and leased under the Leases as of such date over the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Maximum Suzuki Amount as of such date, (vii)&nbsp;the Series <FONT
STYLE="white-space:nowrap">2019-2</FONT> AESOP I Operating Lease Vehicle Percentage as of the immediately preceding Business Day of the excess, if any, of the Specified States Amount as of such date over the Series
<FONT STYLE="white-space:nowrap">2019-2</FONT> Maximum Specified States Amount as of such date, (viii)&nbsp;the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> AESOP I Operating Lease Vehicle Percentage as
</P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">13 </P>

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of the immediately preceding Business Day of the excess, if any, of the <FONT STYLE="white-space:nowrap">Non-Eligible</FONT> Manufacturer Amount as of such date over the Series <FONT
STYLE="white-space:nowrap">2019-2</FONT> Maximum <FONT STYLE="white-space:nowrap">Non-Eligible</FONT> Manufacturer Amount as of such date and (ix)&nbsp;the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> AESOP I Operating Lease Vehicle
Percentage as of the immediately preceding Business Day of the excess, if any, of the Net Book Value of all Vehicles leased under the Leases as of such date that were used vehicles at the time of acquisition over the Series <FONT
STYLE="white-space:nowrap">2019-2</FONT> Maximum Used Vehicle Amount as of such date. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;D Required
Liquidity Amount</U>&#148; means an amount equal to the product of 2.25% and the Class&nbsp;D Invested Amount as of such date. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;D Required Overcollateralization Amount</U>&#148; means, as of any date of determination, the excess, if
any, of the Class&nbsp;D Required Enhancement Amount over the sum of (i)&nbsp;the Class&nbsp;A/B/C Letter of Credit Amount as of such date, (ii)&nbsp;the Class&nbsp;D Letter of Credit Amount as of such date, (iii)&nbsp;the Class&nbsp;A/B/C Available
Reserve Account Amount on such date, (iv)&nbsp;the Class&nbsp;D Available Reserve Account Amount on such date and (v)&nbsp;the amount of cash and Permitted Investments on deposit in the Series <FONT STYLE="white-space:nowrap">2019-2</FONT>
Collection Account (not including amounts allocable to the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Accrued Interest Account) and the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Excess Collection Account on such date. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;D Required Reserve Account Amount</U>&#148; means, for any date of determination, an amount equal to the
greater of (a)&nbsp;the excess, if any, of the Class&nbsp;D Required Liquidity Amount as of such date over the Class&nbsp;D Letter of Credit Liquidity Amount as of such date and (b)&nbsp;the excess, if any, of the Class&nbsp;D Required Enhancement
Amount as of such date over the Class&nbsp;D Enhancement Amount (excluding therefrom the Class&nbsp;D Available Reserve Account Amount and calculated after giving effect to any payments of principal to be made on the Series <FONT
STYLE="white-space:nowrap">2019-2</FONT> Notes) as of such date. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;D Reserve Account</U>&#148; is defined
in Section&nbsp;2.7(g). </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;D Reserve Account Collateral</U>&#148; is defined in Section&nbsp;2.7(j). </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;D Reserve Account Surplus</U>&#148; means, with respect to any Distribution Date, the excess, if any, of the
Class&nbsp;D Available Reserve Account Amount over the Class&nbsp;D Required Reserve Account Amount on such Distribution Date. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;D Shortfall</U>&#148; has the meaning set forth in Section&nbsp;2.3(g)(iv). </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;R Controlled Amortization Amount</U>&#148; means, (i)&nbsp;with respect to any Related Month during the
Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Controlled Amortization Period other than the Related Month immediately preceding the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Expected Final Distribution Date, $0 and (ii)&nbsp;with
respect to the Related Month immediately preceding the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Expected Final Distribution Date, $41,500,000. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;R Initial Invested Amount</U>&#148; means the aggregate initial principal amount of the Class&nbsp;R Notes,
which is $41,500,000. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;R Invested Amount</U>&#148; means, when used with respect to any date, an amount
equal to (a)&nbsp;the Class&nbsp;R Initial Invested Amount plus (b)&nbsp;the aggregate principal amount of any Additional Class&nbsp;R Notes issued on or prior to such date <U>minus</U> (c)&nbsp;the amount of principal payments made to Class&nbsp;R
Noteholders on or prior to such date. </P>
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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;R Monthly Interest</U>&#148; means, with respect to
(i)&nbsp;the initial Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Interest Period, an amount equal to $158,891 and (ii)&nbsp;any other Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Interest Period, an amount equal to the product of <FONT
STYLE="white-space:nowrap">(A)&nbsp;one-twelfth</FONT> of the Class&nbsp;R Note Rate and (B)&nbsp;the Class&nbsp;R Invested Amount on the first day of such Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Interest Period, after giving effect to
any principal payments made on such date. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;R Note</U>&#148; means any one of the Series <FONT
STYLE="white-space:nowrap">2019-2</FONT> 5.926% Rental Car Asset Backed Notes, Class&nbsp;R, executed by ABRCF and authenticated by or on behalf of the Trustee, substantially in the form of <U>Exhibit
E</U><U><FONT STYLE="white-space:nowrap">-1</FONT></U>, <U>Exhibit E</U><U><FONT STYLE="white-space:nowrap">-2</FONT></U> or <U>Exhibit E</U><U><FONT STYLE="white-space:nowrap">-3</FONT></U>. Definitive Class&nbsp;R Notes shall have such insertions
and deletions as are necessary to give effect to the provisions of Section&nbsp;2.18 of the Base Indenture. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;R Note Rate</U>&#148; means 5.926% per annum. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;R Noteholder</U>&#148; means the Person in whose name a Class&nbsp;R Note is registered in the Note
Register. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;R Shortfall</U>&#148; has the meaning set forth in Section&nbsp;2.3(g)(v). </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U><FONT STYLE="white-space:nowrap">Clean-up</FONT> Repurchase</U>&#148; means any optional repurchase pursuant to Section&nbsp;5.1(a).
</P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U><FONT STYLE="white-space:nowrap">Clean-up</FONT> Repurchase Distribution Date</U>&#148; has the meaning set forth in
Section&nbsp;5.1(a). </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Confirmation Condition</U>&#148; means, with respect to any Bankrupt Manufacturer which is a debtor in
Chapter 11 Proceedings, a condition that shall be satisfied upon the bankruptcy court having competent jurisdiction over such Chapter 11 Proceedings issuing an order that remains in effect approving (i)&nbsp;the assumption of such Bankrupt
Manufacturer&#146;s Manufacturer Program (and the related Assignment Agreements) by such Bankrupt Manufacturer or the trustee in bankruptcy of such Bankrupt Manufacturer under Section&nbsp;365 of the Bankruptcy Code and at the time of such
assumption, the payment of all amounts due and payable by such Bankrupt Manufacturer under such Manufacturer Program and the curing of all other defaults by the Bankrupt Manufacturer thereunder or (ii)&nbsp;the execution, delivery and performance by
such Bankrupt Manufacturer of a new <FONT STYLE="white-space:nowrap">post-petition</FONT> Manufacturer Program (and the related Assignment Agreements) on the same terms and covering the same Vehicles as such Bankrupt Manufacturer&#146;s Manufacturer
Program (and the related Assignment Agreements) in effect on the date such Bankrupt Manufacturer became subject to such Chapter 11 Proceedings and, at the time of the execution and delivery of such new
<FONT STYLE="white-space:nowrap">post-petition</FONT> Manufacturer Program, the payment of all amounts due and payable by such Bankrupt Manufacturer under such Manufacturer Program and the curing of all other defaults by the Bankrupt Manufacturer
thereunder; <U>provided</U>, <U>however</U>, that notwithstanding the foregoing, the Confirmation Condition shall be deemed satisfied until the 90<SUP STYLE="font-size:85%; vertical-align:top">th</SUP> calendar day following the initial filing in
respect of such Chapter&nbsp;11 Proceedings. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>DBRS</U>&#148; means DBRS, Inc. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">15 </P>

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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>DBRS Equivalent Rating</U>&#148; means, with respect to any Person not rated by
DBRS, (i)&nbsp;if such Person is rated by all three of Moody&#146;s, Standard&nbsp;&amp; Poor&#146;s and Fitch (together, the &#147;<U>Equivalent Rating Agencies</U>&#148;), either (A)&nbsp;if at least two Equivalent Rating Agencies have provided
equivalent ratings with respect to such Person, the DBRS equivalent of such equivalent ratings (regardless of any rating from another Equivalent Rating Agency) or (B)&nbsp;otherwise, the median of the DBRS equivalents of the ratings for such Person
provided by each of the three Equivalent Rating Agencies, (ii)&nbsp;if such Person is rated by any two of the Equivalent Rating Agencies, the DBRS equivalent of the lower of the ratings for such Person provided by the relevant Equivalent Rating
Agencies or (iii)&nbsp;if such Person is rated by only one of the Equivalent Rating Agencies, the DBRS equivalent of the rating for such Person provided by such Equivalent Rating Agency. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>DBRS Excluded Manufacturer Amount</U>&#148; means, as of any date of determination, an amount equal to the excess, if any, of
(x)&nbsp;the sum of the following amounts with respect to each DBRS <FONT STYLE="white-space:nowrap">Non-Investment</FONT> Grade Manufacturer as of such date: the product of (i)&nbsp;to the extent such amounts are included in the calculation of
AESOP I Operating Lease Loan Agreement Borrowing Base as of such date, all amounts receivable as of such date by AESOP Leasing or the Intermediary from such DBRS <FONT STYLE="white-space:nowrap">Non-Investment</FONT> Grade Manufacturer and
(ii)&nbsp;the DBRS Excluded Manufacturer Receivable Specified Percentage for such DBRS <FONT STYLE="white-space:nowrap">Non-Investment</FONT> Grade Manufacturer as of such date over (y)&nbsp;the sum of the following amounts with respect to each DBRS
<FONT STYLE="white-space:nowrap">Non-Investment</FONT> Grade Manufacturer as of such date: the product of (i)&nbsp;the aggregate Net Book Value of any Vehicles subject to a Manufacturer Program from such Manufacturer that have had a Turnback Date
but for which (A)&nbsp;AESOP Leasing or its Permitted Nominee continues to be named as the owner of the Vehicle on the Certificate of Title for such Vehicle and (B)&nbsp;AESOP Leasing or its agent continues to hold the Certificate of Title for such
Vehicle and (ii)&nbsp;the DBRS Turnback Vehicle Specified Percentage for such DBRS <FONT STYLE="white-space:nowrap">Non-Investment</FONT> Grade Manufacturer as of such date. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>DBRS Excluded Manufacturer Receivable Specified Percentage</U>&#148; means, as of any date of determination, with respect to each
DBRS <FONT STYLE="white-space:nowrap">Non-Investment</FONT> Grade Manufacturer as of such date, the percentage (not to exceed 100%) most recently specified in writing by DBRS to ABRCF and the Trustee and consented to by the Requisite Series <FONT
STYLE="white-space:nowrap">2019-2</FONT> Noteholders with respect to such DBRS <FONT STYLE="white-space:nowrap">Non-Investment</FONT> Grade Manufacturer; <U>provided</U>, <U>however</U>, that as of the Class&nbsp;A/B/C Closing Date the DBRS Excluded
Manufacturer Receivable Specified Percentage for each DBRS <FONT STYLE="white-space:nowrap">Non-Investment</FONT> Grade Manufacturer shall be 100%; <U>provided</U>, <U>further</U>, that the initial DBRS Excluded Manufacturer Receivable Specified
Percentage with respect to any Manufacturer that becomes a DBRS <FONT STYLE="white-space:nowrap">Non-Investment</FONT> Grade Manufacturer after the Class&nbsp;A/B/C Closing Date shall be 100%. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>DBRS <FONT STYLE="white-space:nowrap">Non-Investment</FONT> Grade Manufacturer</U>&#148; means, as of any date of determination, any
Manufacturer that (i)&nbsp;is not a Bankrupt Manufacturer and (ii)&nbsp;does not have a long-term senior unsecured debt rating from DBRS (or, if such Manufacturer is not rated by DBRS, a DBRS Equivalent Rating) of at least &#147;BBB (low)&#148;;
<U>provided</U>, <U>however</U>, that any Manufacturer whose long-term senior unsecured debt rating from DBRS (or, if such Manufacturer is not rated by DBRS, its DBRS Equivalent Rating) is downgraded from at least &#147;BBB (low)&#148; to below
&#147;BBB (low)&#148; after the Class&nbsp;A/B/C Closing Date shall not be deemed a DBRS <FONT STYLE="white-space:nowrap">Non-Investment</FONT> Grade Manufacturer until the thirtieth (30<SUP STYLE="font-size:85%; vertical-align:top">th</SUP>)
calendar day following such downgrade. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">16 </P>

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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>DBRS Turnback Vehicle Specified Percentage</U>&#148; means, as of any date of
determination: (i)&nbsp;with respect to each Manufacturer that has a long-term senior unsecured debt rating from DBRS (or, if such Manufacturer is not rated by DBRS, a DBRS Equivalent Rating) on such date of determination of at least &#147;BB
(low)&#148; but less than &#147;BBB (low)&#148;, 65%; (ii) with respect to each Manufacturer that has a long-term senior unsecured debt rating from DBRS (or, if such Manufacturer is not rated by DBRS, a DBRS Equivalent Rating) on such date of
determination of at least &#147;B (low)&#148; but less than &#147;BB (low)&#148;, 25%; and (iii)&nbsp;with respect to each Manufacturer that has a long-term senior unsecured debt rating from DBRS (or, if such Manufacturer is not rated by DBRS, a
DBRS Equivalent Rating) on such date of determination of &#147;CCC&#148; or below (or is not rated by DBRS or any Equivalent Rating Agency on such date of determination), 0%; <U>provided</U>, <U>however</U>, that any Manufacturer whose long-term
senior unsecured debt rating from DBRS is downgraded after the Class&nbsp;A/B/C Closing Date (or, if such Manufacturer is not rated by DBRS, its DBRS Equivalent Rating is lowered as a result of such Manufacturer being downgraded by an Equivalent
Rating Agency after the Class&nbsp;A/B/C Closing Date) shall be deemed to retain its long-term senior unsecured debt rating from DBRS (or, if such Manufacturer is not rated by DBRS, its DBRS Equivalent Rating) in effect immediately prior to such
downgrade until the thirtieth (30<SUP STYLE="font-size:85%; vertical-align:top">th</SUP>) calendar day following such downgrade. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Demand Note Issuer</U>&#148; means each issuer of a Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Demand Note. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Disbursement</U>&#148; means any Lease Deficit Disbursement, any Unpaid Demand Note Disbursement, any Termination Date Disbursement
or any Termination Disbursement under a Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Letter of Credit, or any combination thereof, as the context may require. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Discounted Value</U>&#148; means, for each Remaining Distribution Amount, the amount obtained by discounting such Remaining
Distribution Amount from the applicable Distribution Date to the Optional Repurchase Distribution Date in accordance with accepted financial practice and at a discount factor equal to the Reinvestment Yield with respect to such Remaining
Distribution Amount. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Excluded Manufacturer Amount</U>&#148; means, as of any date of determination, the greater of the
Moody&#146;s Excluded Manufacturer Amount and the DBRS Excluded Manufacturer Amount as of such date. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Finance Guide</U>&#148;
means the Black Book Official Finance/Lease Guide. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Fitch</U>&#148; means Fitch Ratings, Inc. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Lease Deficit Disbursement</U>&#148; means an amount drawn under a Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Letter of
Credit pursuant to a Certificate of Lease Deficit Demand. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Make Whole Payment</U>&#148; means, with respect to any Series <FONT
STYLE="white-space:nowrap">2019-2</FONT> Note on any Optional Repurchase Distribution Date, the <I>pro rata </I>share with respect to such Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Note of the excess, if any, of (x)&nbsp;the sum of the
Discounted Values for each Remaining Distribution Amount with respect to each Applicable Distribution Date over (y)&nbsp;the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Invested Amount as of such Optional Repurchase Distribution Date
(determined after giving effect to any payments made pursuant to Section&nbsp;2.5(a) on such Distribution Date). </P>
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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Market Value Average</U>&#148; means, as of any day, the percentage equivalent of a
fraction, the numerator of which is the average of the Selected Fleet Market Value as of the preceding Determination Date and the two Determination Dates precedent thereto and the denominator of which is the sum of (a)&nbsp;the average of the
aggregate Net Book Value of all <FONT STYLE="white-space:nowrap">Non-Program</FONT> Vehicles (excluding (i)&nbsp;any Unaccepted Program Vehicles, (ii)&nbsp;any Excluded Redesignated Vehicles and (iii)&nbsp;any other
<FONT STYLE="white-space:nowrap">Non-Program</FONT> Vehicles that are subject to a Manufacturer Program with an Eligible <FONT STYLE="white-space:nowrap">Non-Program</FONT> Manufacturer with respect to which no Manufacturer Event of Default has
occurred and is continuing) and (b)&nbsp;the average of the aggregate Adjusted Net Book Value of all Adjusted Program Vehicles, in the case of each of clause (a)&nbsp;and (b) leased under the AESOP I Operating Lease and the Finance Lease as of the
preceding Determination Date and the two Determination Dates precedent thereto. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Monthly Total Principal Allocation</U>&#148;
means for any Related Month the sum of all Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Principal Allocations with respect to such Related Month. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Moody&#146;s Excluded Manufacturer Amount</U>&#148; means, as of any date of determination, an amount equal to the excess, if any, of
(x)&nbsp;the sum of the following amounts with respect to each Moody&#146;s <FONT STYLE="white-space:nowrap">Non-Investment</FONT> Grade Manufacturer as of such date: the product of (i)&nbsp;to the extent such amounts are included in the calculation
of AESOP I Operating Lease Loan Agreement Borrowing Base as of such date, all amounts receivable as of such date by AESOP Leasing or the Intermediary from such Moody&#146;s <FONT STYLE="white-space:nowrap">Non-Investment</FONT> Grade Manufacturer
and (ii)&nbsp;the Moody&#146;s Excluded Manufacturer Receivable Specified Percentage for such Moody&#146;s <FONT STYLE="white-space:nowrap">Non-Investment</FONT> Grade Manufacturer as of such date over (y)&nbsp;the sum of the following amounts with
respect to each Moody&#146;s <FONT STYLE="white-space:nowrap">Non-Investment</FONT> Grade Manufacturer as of such date: the product of (i)&nbsp;the aggregate Net Book Value of any Vehicles subject to a Manufacturer Program from such Manufacturer
that have had a Turnback Date but for which (A)&nbsp;AESOP Leasing or its Permitted Nominee continues to be named as the owner of the Vehicle on the Certificate of Title for such Vehicle and (B)&nbsp;AESOP Leasing or its agent continues to hold the
Certificate of Title for such Vehicle and (ii)&nbsp;the Moody&#146;s Turnback Vehicle Specified Percentage for such Moody&#146;s <FONT STYLE="white-space:nowrap">Non-Investment</FONT> Grade Manufacturer as of such date. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Moody&#146;s Excluded Manufacturer Receivable Specified Percentage</U>&#148; means, as of any date of determination, with respect to
each Moody&#146;s <FONT STYLE="white-space:nowrap">Non-Investment</FONT> Grade Manufacturer as of such date, the percentage (not to exceed 100%) most recently specified in writing by Moody&#146;s to ABRCF and the Trustee and consented to by the
Requisite Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Noteholders with respect to such Moody&#146;s <FONT STYLE="white-space:nowrap">Non-Investment</FONT> Grade Manufacturer; <U>provided</U>, <U>however</U>, that as of the Class&nbsp;A/B/C
Closing Date the Moody&#146;s Excluded Manufacturer Receivable Specified Percentage for each Moody&#146;s <FONT STYLE="white-space:nowrap">Non-Investment</FONT> Grade Manufacturer shall be 100%; <U>provided</U>, <U>further</U>, that the initial
Moody&#146;s Excluded Manufacturer Receivable Specified Percentage with respect to any Manufacturer that becomes a Moody&#146;s <FONT STYLE="white-space:nowrap">Non-Investment</FONT> Grade Manufacturer after the Class&nbsp;A/B/C Closing Date shall
be 100%. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Moody&#146;s Non</U><U><FONT STYLE="white-space:nowrap">-Investment</FONT> Grade Manufacturer</U>&#148; means, as of
any date of determination, any Manufacturer that (i)&nbsp;is not a Bankrupt Manufacturer and (ii)&nbsp;does not have either (A)&nbsp;a long-term corporate family rating of at least &#147;Baa3&#148; from Moody&#146;s or (B)&nbsp;if such Manufacturer
does not have a long-term corporate family rating from Moody&#146;s as of such date, a long-term senior unsecured debt rating of at least &#147;Ba1&#148; from Moody&#146;s; <U>provided</U>, <U>however</U>, that
</P>
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any Manufacturer whose long-term corporate family rating is downgraded from at least &#147;Baa3&#148; to below &#147;Baa3&#148; by Moody&#146;s or whose long-term senior unsecured debt rating is
downgraded from at least &#147;Ba1&#148; to below &#147;Ba1&#148; by Moody&#146;s, as applicable, after the Class&nbsp;A/B/C Closing Date shall not be deemed a Moody&#146;s <FONT STYLE="white-space:nowrap">Non-Investment</FONT> Grade Manufacturer
until the thirtieth (30th) calendar day following such downgrade. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Moody&#146;s Turnback Vehicle Specified Percentage</U>&#148;
means, as of any date of determination: (i)&nbsp;with respect to each Moody&#146;s <FONT STYLE="white-space:nowrap">Non-Investment</FONT> Grade Manufacturer that has a long-term corporate family rating from Moody&#146;s on such date of determination
of at least &#147;Ba3&#148; (or, if such Moody&#146;s <FONT STYLE="white-space:nowrap">Non-Investment</FONT> Grade Manufacturer does not have a long-term corporate family rating from Moody&#146;s as of such date, a long-term senior unsecured debt
rating of at least &#147;B1&#148;), 65%; (ii) with respect to each Moody&#146;s <FONT STYLE="white-space:nowrap">Non-Investment</FONT> Grade Manufacturer that has a long-term corporate family rating from Moody&#146;s on such date of determination of
at least &#147;B3&#148; but less than &#147;Ba3&#148; (or, if such Moody&#146;s <FONT STYLE="white-space:nowrap">Non-Investment</FONT> Grade Manufacturer does not have a long-term corporate family rating from Moody&#146;s as of such date, a
long-term senior unsecured debt rating of at least &#147;Caa1&#148; but less than &#147;B1&#148;), 25%; and (iii)&nbsp;with respect to any other Moody&#146;s <FONT STYLE="white-space:nowrap">Non-Investment</FONT> Grade Manufacturer, 0%;
<U>provided</U>, <U>however</U>, that any Manufacturer whose long-term corporate family rating or long-term senior unsecured debt rating from Moody&#146;s is downgraded after the Class&nbsp;A/B/C Closing Date shall be deemed to retain its long-term
corporate family rating or long-term senior unsecured debt rating, as applicable, from Moody&#146;s in effect immediately prior to such downgrade until the thirtieth (30<SUP STYLE="font-size:85%; vertical-align:top">th</SUP>) calendar day following
such downgrade. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Optional Repurchase</U>&#148; is defined in Section&nbsp;5.1(b). </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Optional Repurchase Distribution Date</U>&#148; is defined in Section&nbsp;5.1(b). </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Past Due Rent Payment</U>&#148; is defined in Section&nbsp;2.2(g). </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Permanent Global Class</U><U></U><U>&nbsp;A Note</U>&#148; is defined in Section&nbsp;4.2. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Permanent Global Class</U><U></U><U>&nbsp;B Note</U>&#148; is defined in Section&nbsp;4.2. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Permanent Global Class</U><U></U><U>&nbsp;C Note</U>&#148; is defined in Section&nbsp;4.2. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Permanent Global Class</U><U></U><U>&nbsp;D Note</U>&#148; is defined in Section&nbsp;4.2. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Permanent Global Class</U><U></U><U>&nbsp;R Note</U>&#148; is defined in Section&nbsp;4.2. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Permanent Global Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Notes</U>&#148; is defined in Section&nbsp;4.2. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Pre</U><U><FONT STYLE="white-space:nowrap">-Preference</FONT> Period Demand Note Payments</U>&#148; means, as of any date of
determination, the aggregate amount of all proceeds of demands made on the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Demand Notes included in the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Demand Note Payment Amount as of the
Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Letter of Credit Termination Date that were paid by the Demand Note Issuers more than one year before such date of determination; <U>provided</U>, <U>however</U>,<I> </I>that if an Event of
Bankruptcy (or the occurrence of an event described in clause (a)&nbsp;of the definition thereof, without the lapse of a period of sixty (60)&nbsp;consecutive days) with respect to a Demand Note Issuer occurs during such
</P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">19 </P>

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<FONT STYLE="white-space:nowrap">one-year</FONT> period, (x)&nbsp;the <FONT STYLE="white-space:nowrap">Pre-Preference</FONT> Period Demand Note Payments as of any date during the period from and
including the date of the occurrence of such Event of Bankruptcy to and including the conclusion or dismissal of the proceedings giving rise to such Event of Bankruptcy without continuing jurisdiction by the court in such proceedings shall equal the
<FONT STYLE="white-space:nowrap">Pre-Preference</FONT> Period Demand Note Payments as of the date of such occurrence for all Demand Note Issuers and (y)&nbsp;the <FONT STYLE="white-space:nowrap">Pre-Preference</FONT> Period Demand Note Payments as
of any date after the conclusion or dismissal of such proceedings shall equal the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Demand Note Payment Amount as of the date of the conclusion or dismissal of such proceedings. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Prior Supplement</U>&#148; is defined in the preable hereto. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Proposed Class</U><U></U><U>&nbsp;D Notes</U>&#148; has the meaning set forth in Section&nbsp;5.15. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Reinvestment Yield</U>&#148; means, with respect to any Remaining Distribution Amount, the sum of (i) 0.25% and (ii)&nbsp;the greater
of (x) 0% and (y)&nbsp;the U.S. Treasury Rate with respect to such Remaining Distribution Amount. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Remaining Distribution
Amount</U>&#148; means, with respect to each Applicable Distribution Date, the sum of (i)&nbsp;the sum of (x)&nbsp;an amount equal to the Class&nbsp;A Controlled Amortization Amount with respect to the Related Month immediately preceding such
Applicable Distribution Date (or, if the Optional Repurchase Distribution Date occurs after the April 2024 Distribution Date, the Class&nbsp;A Controlled Distribution Amount with respect to the Related Month preceding the first such Applicable
Distribution Date) and (y)&nbsp;the interest that will accrue on such amount from the Optional Repurchase Distribution Date to such Applicable Distribution Date at the Class&nbsp;A Note Rate, (ii)&nbsp;the sum of (x)&nbsp;an amount equal to the
Class&nbsp;B Controlled Amortization Amount with respect to the Related Month immediately preceding such Applicable Distribution Date (or, if the Optional Repurchase Distribution Date occurs after the April 2024 Distribution Date, the Class&nbsp;B
Controlled Distribution Amount with respect to the Related Month preceding the first such Applicable Distribution Date) and (y)&nbsp;the interest that will accrue on such amount from the Optional Repurchase Distribution Date to such Applicable
Distribution Date at the Class&nbsp;B Note Rate, (iii)&nbsp;the sum of (x)&nbsp;an amount equal to the Class&nbsp;C Controlled Amortization Amount with respect to the Related Month immediately preceding such Applicable Distribution Date (or, if the
Optional Repurchase Distribution Date occurs after the April 2024 Distribution Date, the Class&nbsp;C Controlled Distribution Amount with respect to the Related Month preceding the first such Applicable Distribution Date) and (y)&nbsp;the interest
that will accrue on such amount from the Optional Repurchase Distribution Date to such Applicable Distribution Date at the Class&nbsp;C Note Rate and (iv)&nbsp;the sum of (x)&nbsp;an amount equal to the Class&nbsp;R Controlled Amortization Amount
with respect to the Related Month immediately preceding such Applicable Distribution Date (or, if the Optional Repurchase Distribution Date occurs after the April 2024 Distribution Date, the Class&nbsp;R Controlled Amortization Amount with respect
to the Related Month preceding the first such Applicable Distribution Date) and (y)&nbsp;the interest that will accrue on such amount from the Optional Repurchase Distribution Date to such Applicable Distribution Date at the Class&nbsp;R Note Rate.
</P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Required Controlling Class</U><U></U><U>&nbsp;Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Noteholders</U>&#148; means
(i)&nbsp;for so long as any Class&nbsp;A Notes are outstanding, Class&nbsp;A Noteholders holding more than 50% of the Class&nbsp;A Invested Amount, (ii)&nbsp;if no Class&nbsp;A Notes are outstanding and for so long as any Class&nbsp;B Notes
</P>
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are outstanding, Class&nbsp;B Noteholders holding more than 50% of the Class&nbsp;B Invested Amount, (iii)&nbsp;if no Class&nbsp;A Notes or Class&nbsp;B Notes are outstanding, Class&nbsp;C
Noteholders holding more than 50% of the Class&nbsp;C Invested Amount, (iv)&nbsp;if no Class&nbsp;A Notes, Class&nbsp;B Notes or Class&nbsp;C Notes are outstanding, Class&nbsp;D Noteholders holding more than 50% of the Class&nbsp;D Invested Amount
(excluding, for the purpose of making any of the foregoing calculations, any Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Notes held by ABCR or any Affiliate of ABCR unless ABCR or such Affiliate is the sole Series <FONT
STYLE="white-space:nowrap">2019-2</FONT> Noteholder) and (v)&nbsp;if no Class&nbsp;A Notes, Class&nbsp;B Notes, Class&nbsp;C Notes or Class&nbsp;D Notes are outstanding, Class&nbsp;R Noteholders holding more than 50% Class&nbsp;R Invested Amount
(excluding, for the purpose of making any of the foregoing calculations, any Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Notes held by ABCR or any Affiliate of ABCR unless ABCR or such Affiliate is the sole Series <FONT
STYLE="white-space:nowrap">2019-2</FONT> Noteholder). </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Requisite Series <FONT STYLE="white-space:nowrap">2019-2</FONT>
Noteholders</U>&#148; means Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Noteholders holding, in the aggregate, more than 50% of the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Invested Amount (excluding, for the purpose of making
the foregoing calculation (x)&nbsp;for all purposes, any Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Notes held by ABCR or any Affiliate of ABCR unless ABCR is the sole Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Noteholder and
(y)&nbsp;for so long as any Class&nbsp;A Notes, the Class&nbsp;B Notes, or the Class&nbsp;C Notes are outstanding, any Class&nbsp;D Notes). </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Restricted Global Class</U><U></U><U>&nbsp;A Note</U>&#148; is defined in Section&nbsp;4.1. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Restricted Global Class</U><U></U><U>&nbsp;B Note</U>&#148; is defined in Section&nbsp;4.1. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Restricted Global Class</U><U></U><U>&nbsp;C Note</U>&#148; is defined in Section&nbsp;4.1. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Restricted Global Class</U><U></U><U>&nbsp;D Note</U>&#148; is defined in Section&nbsp;4.1. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Restricted Global Class</U><U></U><U>&nbsp;R Note</U>&#148; is defined in Section&nbsp;4.1. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Selected Fleet Market Value</U>&#148; means, with respect to all Adjusted Program Vehicles and all
<FONT STYLE="white-space:nowrap">Non-Program</FONT> Vehicles (excluding (i)&nbsp;any Unaccepted Program Vehicles, (ii)&nbsp;any Excluded Redesignated Vehicles and (iii)&nbsp;any other <FONT STYLE="white-space:nowrap">Non-Program</FONT> Vehicles that
are subject to a Manufacturer Program with an Eligible <FONT STYLE="white-space:nowrap">Non-Program</FONT> Manufacturer with respect to which no Manufacturer Event of Default has occurred and is continuing) as of any date of determination, the sum
of the respective Market Values of each such Adjusted Program Vehicle and each such <FONT STYLE="white-space:nowrap">Non-Program</FONT> Vehicle, in each case subject to the AESOP I Operating Lease or the Finance Lease as of such date. For purposes
of computing the Selected Fleet Market Value, the &#147;Market Value&#148; of an Adjusted Program Vehicle or a <FONT STYLE="white-space:nowrap">Non-Program</FONT> Vehicle means the market value of such Vehicle as specified in the most recently
published NADA Guide for the model class and model year of such Vehicle based on the average equipment and the average mileage of each Vehicle of such model class and model year then leased under the AESOP I Operating Lease and the Finance Lease;
<U>provided</U>, <U>however</U>, that if the NADA Guide is not being published or the NADA Guide is being published but such Vehicle is not included therein, the Market Value of such Vehicle shall be based on the market value specified in the most
recently published Finance Guide for the model class and model year of such Vehicle based on the average equipment and the average mileage of each Vehicle of such model class and model year then leased under the AESOP I Operating Lease or the
Finance Lease; <U>provided</U>, <U>further</U>, that if the Finance Guide is being published but such Vehicle is not included therein, the Market Value of such Vehicle shall mean (x)&nbsp;in the case of an
</P>
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Adjusted Program Vehicle, the Adjusted Net Book Value of such Adjusted Program Vehicle and (y)&nbsp;in the case of a <FONT STYLE="white-space:nowrap">Non-Program</FONT> Vehicle, the Net Book
Value of such <FONT STYLE="white-space:nowrap">Non-Program</FONT> Vehicle <U>provided</U>, <U>further</U>, that if the Finance Guide is not being published, the Market Value of such Vehicle shall be based on an independent <FONT
STYLE="white-space:nowrap">third-party</FONT> data source selected by the Administrator and approved by each Rating Agency that is rating any Series of Notes at the request of ABRCF based on the average equipment and average mileage of each Vehicle
of such model class and model year then leased under the AESOP I Operating Lease or the Finance Lease; <U>provided</U>, <U>further</U>, that if no such <FONT STYLE="white-space:nowrap">third-party</FONT> data source or methodology shall have been so
approved or any such <FONT STYLE="white-space:nowrap">third-party</FONT> data source or methodology is not available, the Market Value of such Vehicle shall be equal to a reasonable estimate of the wholesale market value of such Vehicle as
determined by the Administrator, based on the Net Book Value of such Vehicle and any other factors deemed relevant by the Administrator. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Notes</U>&#148; means the Series of Notes designated as the Series <FONT
STYLE="white-space:nowrap">2010-6</FONT> Notes. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2011-4</FONT> Notes</U>&#148; means the
Series of Notes designated as the Series <FONT STYLE="white-space:nowrap">2011-4</FONT> Notes. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT
STYLE="white-space:nowrap">2015-3</FONT> Notes</U>&#148; means the Series of Notes designated as the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Notes. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2016-1</FONT> Notes</U>&#148; means the Series of Notes designated as the Series <FONT
STYLE="white-space:nowrap">2016-1</FONT> Notes. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2016-2</FONT> Notes</U>&#148; means the
Series of Notes designated as the Series <FONT STYLE="white-space:nowrap">2016-2</FONT> Notes. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT
STYLE="white-space:nowrap">2017-1</FONT> Notes</U>&#148; means the Series of Notes designated as the Series <FONT STYLE="white-space:nowrap">2017-1</FONT> Notes. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2017-2</FONT> Notes</U>&#148; means the Series of Notes designated as the Series <FONT
STYLE="white-space:nowrap">2017-2</FONT> Notes. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2018-1</FONT> Notes</U>&#148; means the
Series of Notes designated as the Series <FONT STYLE="white-space:nowrap">2018-1</FONT> Notes. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT
STYLE="white-space:nowrap">2018-2</FONT> Notes</U>&#148; means the Series of Notes designated as the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Notes. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2019-1</FONT> Notes</U>&#148; means the Series of Notes designated as the Series <FONT
STYLE="white-space:nowrap">2019-1</FONT> Notes. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2019-3</FONT> Notes</U>&#148; means the
Series of Notes designated as the Series <FONT STYLE="white-space:nowrap">2019-3</FONT> Notes. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT
STYLE="white-space:nowrap">2020-1</FONT> Notes</U>&#148; means the Series of Notes designated as the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Notes. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">22 </P>

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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2020-2</FONT> Notes</U>&#148; means the
Series of Notes designated as the Series <FONT STYLE="white-space:nowrap">2020-2</FONT> Notes. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT
STYLE="white-space:nowrap">2021-1</FONT> Notes</U>&#148; means the Series of Notes designated as the Series <FONT STYLE="white-space:nowrap">2021-1</FONT> Notes. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Accounts</U>&#148; means each of the Series
<FONT STYLE="white-space:nowrap">2019-2</FONT> Distribution Account, the Class&nbsp;A/B/C Reserve Account, the Class&nbsp;D Reserve Account, the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Collection Account, the Series <FONT
STYLE="white-space:nowrap">2019-2</FONT> Excess Collection Account and the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Accrued Interest Account. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Accrued Interest Account</U>&#148; is defined in Section&nbsp;2.1(b). </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2019-2</FONT> AESOP I Operating Lease Loan Agreement Borrowing Base</U>&#148; means, as of
any date of determination, the product of (a)&nbsp;the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> AESOP I Operating Lease Vehicle Percentage as of such date and (b)&nbsp;the excess of (i)&nbsp;the AESOP I Operating Lease Loan Agreement
Borrowing Base as of such date <U>over</U> (ii)&nbsp;the Excluded Manufacturer Amount as of such date. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT
STYLE="white-space:nowrap">2019-2</FONT> AESOP I Operating Lease Vehicle Percentage</U>&#148; means, as of any date of determination, a fraction, expressed as a percentage (which percentage shall never exceed 100%), the numerator of which is the
Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Required AESOP I Operating Lease Vehicle Amount as of such date and the denominator of which is the sum of the Required AESOP I Operating Lease Vehicle Amounts for all Series of Notes as of such
date. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Agent</U>&#148; is defined in the recitals hereto. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Allocated Cash Amount</U>&#148; means, as of any date of determination, an
amount equal to (x)&nbsp;all cash on deposit in the Collection Account as of such date times (y)&nbsp;the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Invested Percentage (calculated with respect to Principal Collections) as of such date.
</P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Cash Collateral Accounts</U>&#148; means, together, the Class&nbsp;A/B/C
Cash Collateral Account and the Class&nbsp;D Cash Collateral Account. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2019-2</FONT>
Collateral</U>&#148; means the Collateral, each Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Letter of Credit, each Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Demand Note, the Series <FONT STYLE="white-space:nowrap">2019-2</FONT>
Distribution Account Collateral, the Class&nbsp;A/B/C Cash Collateral Account, the Class&nbsp;D Cash Collateral Account Collateral, the Class&nbsp;A/B/C Reserve Account Collateral and the Class&nbsp;D Reserve Account Collateral. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Collection Account</U>&#148; is defined in Section&nbsp;2.1(b). </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Controlled Amortization Period</U>&#148; means the period commencing upon the
close of business on February&nbsp;29, 2024 (or, if such day is not a Business Day, the Business Day immediately preceding such day) and continuing to the earliest of (i)&nbsp;the commencement of the Series
<FONT STYLE="white-space:nowrap">2019-2</FONT> Rapid Amortization Period, (ii)&nbsp;the date on which the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Notes are fully paid and (iii)&nbsp;the termination of the Indenture. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">23 </P>

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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2019-2</FONT> DBRS Highest Enhanced Vehicle
Percentage</U>&#148; means, as of any date of determination, a fraction, expressed as a percentage, (a)&nbsp;the numerator of which is the aggregate Net Book Value of all Vehicles leased under the AESOP I Operating Lease that were manufactured by a
Manufacturer that does not have a long-term senior unsecured debt rating from DBRS (or, if such Manufacturer is not rated by DBRS, a DBRS Equivalent Rating) of at least &#147;BBB (low)&#148; as of such date and (b)&nbsp;the denominator of which is
the aggregate Net Book Value of all Vehicles leased under the AESOP I Operating Lease as of such date. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT
STYLE="white-space:nowrap">2019-2</FONT> DBRS Highest Enhancement Rate</U>&#148; means, as of any date of determination, the sum of (a) 26.85% and (b)&nbsp;the highest, for any calendar month within the preceding twelve (12)&nbsp;calendar months, of
the greater of (x)&nbsp;an amount (not less than zero) equal to 100% <U>minus</U> the Measurement Month Average for the immediately preceding Measurement Month and (y)&nbsp;an amount (not less than zero) equal to 100% <U>minus</U> the Market Value
Average as of the Determination Date within such calendar month (excluding the Market Value Average for any Determination Date which has not yet occurred). </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2019-2</FONT> DBRS Intermediate Enhanced Vehicle Percentage</U>&#148; means, as of any date
of determination, 100% minus the sum of (a)&nbsp;the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> DBRS Lowest Enhanced Vehicle Percentage and (b)&nbsp;the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> DBRS Highest Enhanced Vehicle
Percentage. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2019-2</FONT> DBRS Intermediate Enhancement Rate</U>&#148; means, as of any
date of determination, the sum of (a) 20.85% and (b)&nbsp;the highest, for any calendar month within the preceding twelve (12)&nbsp;calendar months, of the greater of (x)&nbsp;an amount (not less than zero) equal to 100% <U>minus</U> the Measurement
Month Average for the immediately preceding Measurement Month and (y)&nbsp;an amount (not less than zero) equal to 100% <U>minus</U> the Market Value Average as of the Determination Date within such calendar month (excluding the Market Value Average
for any Determination Date which has not yet occurred). </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2019-2</FONT> DBRS Lowest
Enhanced Vehicle Percentage</U>&#148; means, as of any date of determination, a fraction, expressed as a percentage, (a)&nbsp;the numerator of which is the sum, without duplication, of (1)&nbsp;the aggregate Net Book Value of all Program Vehicles
leased under the AESOP I Operating Lease that are manufactured by Eligible Program Manufacturers having long-term senior unsecured debt ratings from DBRS (or, with respect to any Manufacturer that is not rated by DBRS, a DBRS Equivalent Rating) of
&#147;BBB (low)&#148; or higher as of such date, and (2)&nbsp;so long as any Eligible <FONT STYLE="white-space:nowrap">Non-Program</FONT> Manufacturer has a long-term senior unsecured debt rating from DBRS (or, if any such Manufacturer is not rated
by DBRS, a DBRS Equivalent Rating) of &#147;BBB (low)&#148; or higher and no Manufacturer Event of Default has occurred and is continuing with respect to such Eligible <FONT STYLE="white-space:nowrap">Non-Program</FONT> Manufacturer, the aggregate
Net Book Value of all <FONT STYLE="white-space:nowrap">Non-Program</FONT> Vehicles leased under the AESOP I Operating Lease manufactured by each such Eligible <FONT STYLE="white-space:nowrap">Non-Program</FONT> Manufacturer that are subject to a
Manufacturer Program and remain eligible for repurchase thereunder as of such date and (b)&nbsp;the denominator of which is the aggregate Net Book Value of all Vehicles leased under the AESOP I Operating Lease as of such date. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2019-2</FONT> DBRS Lowest Enhancement Rate</U>&#148; means, as of any date of determination,
9.85%. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">24 </P>

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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2019-2</FONT> DBRS Required Enhancement
Amount</U>&#148; means, as of any date of determination, the product of (i)&nbsp;the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> DBRS Required Enhancement Percentage as of such date and (ii)&nbsp;the Class&nbsp;A/B/C Invested Amount as of
such date. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2019-2</FONT> DBRS Required Enhancement Percentage</U>&#148; means, as of any
date of determination, the sum of (i)&nbsp;the product of (A)&nbsp;the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> DBRS Lowest Enhancement Rate as of such date and (B)&nbsp;the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> DBRS
Lowest Enhanced Vehicle Percentage as of such date, (ii)&nbsp;the product of (A)&nbsp;the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> DBRS Intermediate Enhancement Rate as of such date and (B)&nbsp;the Series
<FONT STYLE="white-space:nowrap">2019-2</FONT> DBRS Intermediate Enhanced Vehicle Percentage as of such date, and (iii)&nbsp;the product of (A)&nbsp;the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> DBRS Highest Enhancement Rate as of such
date and (B)&nbsp;the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> DBRS Highest Enhanced Vehicle Percentage as of such date. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Demand Note</U>&#148; means each demand note made by a Demand Note Issuer,
substantially in the form of <U>Exhibit F</U>, as amended, modified or restated from time to time. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT
STYLE="white-space:nowrap">2019-2</FONT> Demand Note Payment Amount</U>&#148; means, as of the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Letter of Credit Termination Date, the aggregate amount of all proceeds of demands made on the
Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Demand Notes pursuant to Section&nbsp;2.5(c)(i), (d)(i) or (e)(i) that were deposited into the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Distribution Account and paid to the Series <FONT
STYLE="white-space:nowrap">2019-2</FONT> Noteholders during the one year period ending on the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Letter of Credit Termination Date; <U>provided</U>, <U>however</U>, that if an Event of Bankruptcy
(or the occurrence of an event described in clause (a)&nbsp;of the definition thereof, without the lapse of a period of sixty (60)&nbsp;consecutive days) with respect to a Demand Note Issuer shall have occurred during such one year period, the
Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Demand Note Payment Amount as of the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Letter of Credit Termination Date shall equal the Series <FONT STYLE="white-space:nowrap">2019-2</FONT>
Demand Note Payment Amount as if it were calculated as of the date of such occurrence. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series
<FONT STYLE="white-space:nowrap">2019-2</FONT> Deposit Date</U>&#148; is defined in Section&nbsp;2.2. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT
STYLE="white-space:nowrap">2019-2</FONT> Distribution Account</U>&#148; is defined in Section&nbsp;2.9(a). </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT
STYLE="white-space:nowrap">2019-2</FONT> Distribution Account Collateral</U>&#148; is defined in Section&nbsp;2.9(d). </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT
STYLE="white-space:nowrap">2019-2</FONT> Eligible Letter of Credit Provider</U>&#148; means a Person satisfactory to ABCR and the Demand Note Issuers and having, at the time of the issuance of the related Series
<FONT STYLE="white-space:nowrap">2019-2</FONT> Letter of Credit, a <FONT STYLE="white-space:nowrap">long-term</FONT> senior unsecured debt rating (or the equivalent thereof) of at least &#147;A1&#148; from Moody&#146;s, at least &#147;A (high)&#148;
from DBRS and at least &#147;A+&#148; from Fitch and a short term senior unsecured debt rating of at least <FONT STYLE="white-space:nowrap">&#147;P-1&#148;</FONT> from Moody&#146;s, at least <FONT STYLE="white-space:nowrap">&#147;R-1&#148;</FONT>
from DBRS and at least &#147;F1&#148; from Fitch that is (a)&nbsp;a commercial bank having total assets in excess of $500,000,000, (b) a finance company, insurance company or other financial institution that in the ordinary course of business issues
letters of credit and has total assets in excess of $200,000,000 or (c)&nbsp;any other financial institution; <U>provided</U>, <U>however</U>, that if a Person is not a Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Letter of Credit Provider
(or a letter of credit provider under the Supplement for any other Series of Notes), then such Person shall not be a Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Eligible Letter of Credit Provider until ABRCF has provided ten
(10)&nbsp;days&#146; prior notice to the Rating Agencies that such Person has been proposed as a Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Letter of Credit Provider. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">25 </P>

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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Enhancement</U>&#148; means
the Class&nbsp;A/B/C Cash Collateral Account Collateral, the Class&nbsp;D Cash Collateral Account Collateral, the Class&nbsp;A/B/C Letters of Credit, the Class&nbsp;D Letters of Credit, the Series <FONT STYLE="white-space:nowrap">2019-2</FONT>
Demand Notes, the Class&nbsp;D Overcollateralization Amount and the Class&nbsp;A/B/C Required Reserve Account Amount. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT
STYLE="white-space:nowrap">2019-2</FONT> Enhancement Deficiency</U>&#148; means a Class&nbsp;A/B/C Enhancement Deficiency or a Class&nbsp;D Enhancement Deficiency. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Excess Collection Account</U>&#148; is defined in Section&nbsp;2.1(b). </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Expected Final Distribution Date</U>&#148; means the September 2024
Distribution Date. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Final Distribution Date</U>&#148; means the September
2025 Distribution Date. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Interest Period</U>&#148; means a period
commencing on and including a Distribution Date and ending on and including the day preceding the next succeeding Distribution Date; <U>provided</U>, <U>however</U>, that (x)&nbsp;the initial Series <FONT STYLE="white-space:nowrap">2019-2</FONT>
Interest Period with respect to the Class&nbsp;A Notes, the Class&nbsp;B Notes and the Class&nbsp;C Notes commenced on and included the Class&nbsp;A/B/C Closing Date and ended on and included May&nbsp;19, 2019 and (y)&nbsp;the initial Series <FONT
STYLE="white-space:nowrap">2019-2</FONT> Interest Period with respect to the Class&nbsp;D Notes shall commence on and include the Class&nbsp;D Closing Date and shall end on and include July&nbsp;19, 2021. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Invested Amount</U>&#148; means, as of any date of determination, the sum of
the Class&nbsp;A Invested Amount as of such date, the Class&nbsp;B Invested Amount as of such date, the Class&nbsp;C Invested Amount as of such date, the Class&nbsp;D Invested Amount as of such date and the Class&nbsp;R Invested Amount as of such
date. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Invested Percentage</U>&#148; means, as of any date of
determination: </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(a) when used with respect to Principal Collections, the percentage equivalent (which percentage shall never exceed 100%)
of a fraction, the numerator of which shall be equal to the greater of (x)&nbsp;the sum of the Class&nbsp;A/B/C Invested Amount and the Class&nbsp;A/B/C Overcollateralization Amount and (y)&nbsp;the Series
<FONT STYLE="white-space:nowrap">2019-2</FONT> Invested Amount and the Class&nbsp;D Overcollateralization Amount, determined during the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Revolving Period as of the end of the Related Month (or,
until the end of the Related Month during which the Class&nbsp;D Notes Closing Date occurs, on the Class&nbsp;D Notes Closing Date), or, during the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Controlled Amortization Period and the Series <FONT
STYLE="white-space:nowrap">2019-2</FONT> Rapid Amortization Period, as of the end of the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Revolving Period, and the denominator of which shall be the greater of (I)&nbsp;the Aggregate Asset Amount
as of the end of the Related Month or, until the end of the initial Related Month, as of the Class&nbsp;A/B/C Closing Date, and (II)&nbsp;as of the same date as in clause (I), the sum of the numerators used to determine the invested percentages for
allocations with respect to Principal Collections (for all Series of Notes and all classes of such Series of Notes); and </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(b) when used
with respect to Interest Collections, the percentage equivalent (which percentage shall never exceed 100%) of a fraction, the numerator of which shall be the Accrued Amounts with respect to the Series <FONT STYLE="white-space:nowrap">2019-2</FONT>
Notes on such date of determination, and the denominator of which shall be the aggregate Accrued Amounts with respect to all Series of Notes on such date of determination. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">26 </P>

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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Lease Interest Payment
Deficit</U>&#148; means, on any Distribution Date, an amount equal to the excess, if any, of (1)&nbsp;the excess, if any, of (a)&nbsp;the aggregate amount of Interest Collections which pursuant to Section&nbsp;2.2(a), (b), (c) or (d)&nbsp;would have
been allocated to the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Accrued Interest Account if all payments of Monthly Base Rent required to have been made under the Leases from and excluding the preceding Distribution Date to and including
such Distribution Date were made in full over (b)&nbsp;the aggregate amount of Interest Collections which pursuant to Section&nbsp;2.2(a), (b), (c) or (d)&nbsp;have been allocated to the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Accrued
Interest Account (excluding any amounts paid into the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Accrued Interest Account pursuant to the proviso in Sections 2.2(c)(ii) and/or 2.2(d)(ii)) from and excluding the preceding Distribution Date
to and including the Business Day immediately preceding such Distribution Date over (2)&nbsp;the Class&nbsp;R Monthly Interest with respect to the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Interest Period ended on the day preceding such
Distribution Date. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Lease Payment Deficit</U>&#148; means either a Series <FONT
STYLE="white-space:nowrap">2019-2</FONT> Lease Interest Payment Deficit or a Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Lease Principal Payment Deficit. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Lease Principal Payment Carryover Deficit</U>&#148; means (a)&nbsp;for the
initial Distribution Date, zero and (b)&nbsp;for any other Distribution Date, the excess of (x)&nbsp;the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Lease Principal Payment Deficit, if any, on the preceding Distribution Date <U>over</U>
(y)&nbsp;the amount deposited in the Distribution Account on such preceding Distribution Date pursuant to Section&nbsp;2.5(b) on account of such Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Lease Principal Payment Deficit. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Lease Principal Payment Deficit</U>&#148; means on any Distribution Date, the
sum of (a)&nbsp;the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Monthly Lease Principal Payment Deficit for such Distribution Date and (b)&nbsp;the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Lease Principal Payment Carryover
Deficit for such Distribution Date. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Letter of Credit</U>&#148; means a
Class&nbsp;A/B/C Letter of Credit or a Class&nbsp;D Letter of Credit, as the context may require. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT
STYLE="white-space:nowrap">2019-2</FONT> Letter of Credit Liquidity Amount</U>&#148; means, as of any date of determination, the sum of (a)&nbsp;the Class&nbsp;A/B/C Letter of Credit Liquidity Amount on such date and (b)&nbsp;the Class&nbsp;D Letter
of Credit Liquidity Amount on such date. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Letter of Credit
Provider</U>&#148; means the issuer of a Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Letter of Credit. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT
STYLE="white-space:nowrap">2019-2</FONT> Letter of Credit Termination Date</U>&#148; means the first to occur of (a)&nbsp;the date on which the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Notes are fully paid and (b)&nbsp;the Series <FONT
STYLE="white-space:nowrap">2019-2</FONT> Termination Date. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Limited
Liquidation Event of Default</U>&#148; means, so long as such event or condition continues, any event or condition of the type specified in clauses (a)&nbsp;through (g) of Article III; <U>provided</U>, <U>however</U>, that any event or condition of
the type specified in clauses (a)&nbsp;through (g) of Article III shall not constitute a Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Limited Liquidation Event of Default if the Trustee shall have received the written consent of the
Requisite Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Noteholders </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">27 </P>

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waiving the occurrence of such Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Limited Liquidation Event of Default. The Trustee shall promptly (but in any event within two (2)&nbsp;days)
provide the Rating Agencies with written notice of such waiver. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Maximum
Hyundai Amount</U>&#148; means, as of any day, an amount equal to 20% of the aggregate Net Book Value of all Vehicles leased under the Leases on such day. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Maximum Individual Isuzu/Subaru Amount</U>&#148; means, as of any day, with
respect to Isuzu or Subaru individually, an amount equal to 5% of the aggregate Net Book Value of all Vehicles leased under the Leases on such day. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Maximum Kia Amount</U>&#148; means, as of any day, an amount equal to 10% of
the aggregate Net Book Value of all Vehicles leased under the Leases on such day. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series
<FONT STYLE="white-space:nowrap">2019-2</FONT> Maximum Mitsubishi Amount</U>&#148; means, as of any day, an amount equal to 10% of the aggregate Net Book Value of all Vehicles leased under the Leases on such day. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Maximum <FONT STYLE="white-space:nowrap">Non-Eligible</FONT> Manufacturer
Amount</U>&#148; means, as of any day, an amount equal to 3% of the aggregate Net Book Value of all Vehicles leased under the Leases on such day. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Maximum <FONT STYLE="white-space:nowrap">Non-Program</FONT> Vehicle
Amount</U>&#148; means, as of any day, an amount equal to the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Maximum <FONT STYLE="white-space:nowrap">Non-Program</FONT> Vehicle Percentage of the aggregate Net Book Value of all Vehicles leased
under the Leases on such day. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Maximum
<FONT STYLE="white-space:nowrap">Non-Program</FONT> Vehicle Percentage</U>&#148; means, as of any date of determination, the sum of (a) 85% and (b)&nbsp;a fraction, expressed as a percentage, the numerator of which is the aggregate Net Book Value of
all Redesignated Vehicles manufactured by a Bankrupt Manufacturer or a Manufacturer with respect to which a Manufacturer Event of Default has occurred, and in each case leased under the AESOP I Operating Lease or the Finance Lease as of such date,
and the denominator of which is the aggregate Net Book Value of all Vehicles leased under the Leases as of such date. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT
STYLE="white-space:nowrap">2019-2</FONT> Maximum Specified States Amount</U>&#148; means, as of any day, an amount equal to 7.5% of the aggregate Net Book Value of all Vehicles leased under the Leases on such day. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Maximum Suzuki Amount</U>&#148; means, as of any day, an amount equal to 7.5%
of the aggregate Net Book Value of all Vehicles leased under the Leases on such day. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series
<FONT STYLE="white-space:nowrap">2019-2</FONT> Maximum Used Vehicle Amount</U>&#148; means, as of any day, an amount equal to 25% of the aggregate Net Book Value of all Vehicles leased under the Leases on such day. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Monthly Lease Principal Payment Deficit</U>&#148; means, on any Distribution
Date, an amount equal to the excess, if any, of (1)&nbsp;the excess, if any, of (a)&nbsp;the </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">28 </P>

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aggregate amount of Principal Collections which pursuant to Section&nbsp;2.2(a), (b), (c) or (d)&nbsp;would have been allocated to the Series <FONT STYLE="white-space:nowrap">2019-2</FONT>
Collection Account if all payments required to have been made under the Leases from and excluding the preceding Distribution Date to and including such Distribution Date were made in full over (b)&nbsp;the aggregate amount of Principal Collections
which pursuant to Section&nbsp;2.2(a), (b), (c) or (d)&nbsp;have been allocated to the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Collection Account (without giving effect to any amounts paid into the Series
<FONT STYLE="white-space:nowrap">2019-2</FONT> Accrued Interest Account pursuant to the proviso in Sections 2.2(c)(ii) and/or 2.2(d)(ii)) from and excluding the preceding Distribution Date to and including the Business Day immediately preceding such
Distribution Date over (2)&nbsp;the principal due and payable with respect to the Class&nbsp;R Notes on such Distribution Date. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Moody&#146;s Highest Enhanced Vehicle Percentage</U>&#148;<I> </I>means, as of
any date of determination, a fraction, expressed as a percentage, (a)&nbsp;the numerator of which is the aggregate Net Book Value of all Vehicles leased under the AESOP I Operating Lease that are either not subject to a Manufacturer Program or not
eligible for repurchase under a Manufacturer Program as of such date and (b)&nbsp;the denominator of which is the aggregate Net Book Value of all Vehicles leased under the AESOP I Operating Lease as of such date. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Moody&#146;s Highest Enhancement Rate</U>&#148; means, as of any date of
determination, the sum of (a) 12.60% (with respect to calculating the Class&nbsp;D Required Enhancement Amount) or 22.45% (with respect to calculating the Class&nbsp;A/B/C Required Enhancement Amount), (b) the greater of (x)&nbsp;the highest for any
calendar month within the preceding 12 calendar months, an amount (not less than zero) equal to 100% <U>minus</U> the Measurement Month Average for the immediately preceding Measurement Month and (y)&nbsp;(i) with respect to calculating the
Class&nbsp;A/B/C Required Enhancement Amount, the highest for any calendar month within the preceding 12 calendar months and (ii)&nbsp;with respect to calculating the Class&nbsp;D Required Enhancement Amount, the highest for any calendar month
within the preceding 3 calendar months, of an amount (not less than zero) equal to 100% <U>minus</U> the Market Value Average as of the Determination Date within such calendar month (excluding the Market Value Average for any Determination Date
which has not yet occurred) and (c)&nbsp;with respect to calculating the Class&nbsp;D Required Enhancement Amount only, if the <FONT STYLE="white-space:nowrap">Non-Program</FONT> Vehicle Amount exceeds the Series
<FONT STYLE="white-space:nowrap">2019-2</FONT> Maximum <FONT STYLE="white-space:nowrap">Non-Program</FONT> Vehicle Amount as of such date of determination, 1.00%. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Moody&#146;s Intermediate Enhanced Vehicle Percentage</U>&#148; means, as of
any date of determination, 100% <U>minus</U> the sum of (a)&nbsp;the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Moody&#146;s Lowest Enhanced Vehicle Percentage and (b)&nbsp;the Series <FONT STYLE="white-space:nowrap">2019-2</FONT>
Moody&#146;s Highest Enhanced Vehicle Percentage. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Moody&#146;s
Intermediate Enhancement Rate</U>&#148; means, as of any date of determination, 8.50% (with respect to calculating the Class&nbsp;D Required Enhancement Amount) or 16.25% (with respect to calculating the Class&nbsp;A/B/C Required Enhancement
Amount). </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Moody&#146;s Lowest Enhanced Vehicle Percentage</U>&#148; means,
as of any date of determination, a fraction, expressed as a percentage, (a)&nbsp;the numerator of which is the sum, without duplication, of (1)&nbsp;the aggregate Net Book Value of all Program Vehicles leased under the AESOP I Operating Lease that
are manufactured by Eligible Program Manufacturers having a </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">29 </P>

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<FONT STYLE="white-space:nowrap">long-term</FONT> corporate family rating of &#147;Baa3&#148; or higher from Moody&#146;s as of such date (or, if any Eligible Program Manufacturer does not have a
long-term corporate family rating from Moody&#146;s as of such date, a long-term senior unsecured debt rating of at least &#147;Ba1&#148; from Moody&#146;s as of such date), and (2)&nbsp;so long as any Eligible
<FONT STYLE="white-space:nowrap">Non-Program</FONT> Manufacturer has a <FONT STYLE="white-space:nowrap">long-term</FONT> corporate family rating of &#147;Baa3&#148; or higher from Moody&#146;s as of such date (or, if any Eligible <FONT
STYLE="white-space:nowrap">Non-Program</FONT> Manufacturer does not have a long-term corporate family rating from Moody&#146;s as of such date, a long-term senior unsecured debt rating of at least &#147;Ba1&#148; from Moody&#146;s as of such date)
and no Manufacturer Event of Default has occurred and is continuing with respect to such Eligible <FONT STYLE="white-space:nowrap">Non-Program</FONT> Manufacturer, the aggregate Net Book Value of all
<FONT STYLE="white-space:nowrap">Non-Program</FONT> Vehicles leased under the AESOP I Operating Lease manufactured by each such Eligible <FONT STYLE="white-space:nowrap">Non-Program</FONT> Manufacturer that are subject to a Manufacturer Program and
remain eligible for repurchase thereunder as of such date and (b)&nbsp;the denominator of which is the aggregate Net Book Value of all Vehicles leased under the AESOP I Operating Lease as of such date. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Moody&#146;s Lowest Enhancement Rate</U>&#148; means, as of any date of
determination, 5.00% (with respect to calculating the Class&nbsp;D Required Enhancement Amount) or 12.75% (with respect to calculating the Class&nbsp;A/B/C Required Enhancement Amount). </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Moody&#146;s Required Enhancement Amount</U>&#148; means, as of any date of
determination, the product of (i)&nbsp;the applicable Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Moody&#146;s Required Enhancement Percentage as of such date and (ii)&nbsp;an amount equal to (x)&nbsp;with respect to calculating the
Class&nbsp;A/B/C Required Enhancement Amount, the sum of (1)&nbsp;the Class&nbsp;A Invested Amount, (2)&nbsp;the Class&nbsp;B Invested Amount and (3)&nbsp;the Class&nbsp;C Invested Amount, in each case as of such date and (y)&nbsp;with respect to
calculating the Class&nbsp;D Required Enhancement Amount, the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Senior Invested Amount minus the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Allocated Cash Amount. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Moody&#146;s Required Enhancement Percentage</U>&#148; means, as of any date of
determination, the sum of (i)&nbsp;the product of (A)&nbsp;the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Moody&#146;s Lowest Enhancement Rate as of such date and (B)&nbsp;the Series <FONT STYLE="white-space:nowrap">2019-2</FONT>
Moody&#146;s Lowest Enhanced Vehicle Percentage as of such date, (ii)&nbsp;the product of (A)&nbsp;the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Moody&#146;s Intermediate Enhancement Rate as of such date and (B)&nbsp;the Series <FONT
STYLE="white-space:nowrap">2019-2</FONT> Moody&#146;s Intermediate Enhanced Vehicle Percentage as of such date, and (iii)&nbsp;the product of (A)&nbsp;the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Moody&#146;s Highest Enhancement Rate as
of such date and (B)&nbsp;the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Moody&#146;s Highest Enhanced Vehicle Percentage as of such date. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Note Owner</U>&#148; means each beneficial owner of a Series <FONT
STYLE="white-space:nowrap">2019-2</FONT> Note. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Noteholder</U>&#148; means
any Class&nbsp;A Noteholder, any Class&nbsp;B Noteholder, any Class&nbsp;C Noteholder, any Class&nbsp;D Noteholder or any Class&nbsp;R Noteholder. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Notes</U>&#148; means, collectively, the Class&nbsp;A Notes, the Class&nbsp;B
Notes, the Class&nbsp;C Notes, the Class&nbsp;D Notes, and the Class&nbsp;R Notes. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series
<FONT STYLE="white-space:nowrap">2019-2</FONT> Past Due Rent Payment</U>&#148; is defined in Section&nbsp;2.2(g). </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">30 </P>

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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Percentage</U>&#148; means,
as of any date of determination, a fraction, expressed as a percentage, the numerator of which is the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Invested Amount as of such date and the denominator of which is the Aggregate Invested Amount
as of such date. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Principal Allocation</U>&#148; is defined in
Section&nbsp;2.2(a)(ii). </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Post-Twenty Four Month Measurement
Month</U>&#148; means, with respect to any date, collectively, each of the three periods most closely preceding such date, each of which periods shall consist of one calendar month, or the smallest number of consecutive calendar months, in which
(a)&nbsp;at least 250 <FONT STYLE="white-space:nowrap">Non-Program</FONT> Vehicles that are in months 25 through 48 of their lease at the time of such sale and were sold at auction or otherwise or (b)&nbsp;at least
<FONT STYLE="white-space:nowrap">one-twelfth</FONT> of the aggregate Net Book Value of all of the <FONT STYLE="white-space:nowrap">Non-Program</FONT> Vehicles that are in months 25 through 48 of their lease at the time of such sale and are leased
under the AESOP I Operating Lease and the Finance Lease as of the last day of each such period were sold at auction or otherwise; <U>provided</U>, <U>however</U>, that no calendar month included in a Series
<FONT STYLE="white-space:nowrap">2019-2</FONT> Post-Twenty Four Month Measurement Month shall be included in any other Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Post-Twenty Four Month Measurement Month; <U>provided</U>, <U>further</U>,
that Unaccepted Program Vehicles shall be excluded for purposes of the foregoing determination. The Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Post-Twenty Four Month Measurement Month shall be a &#147;Post-Twenty Four Month Measurement
Month&#148; for purposes of the Depreciation Schedule. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Post-Twenty Four
Month Measurement Month Average</U>&#148; means, with respect to any Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Post-Twenty-Four Month Measurement Month, the percentage equivalent of a fraction, the numerator of which is the aggregate
amount of disposition proceeds of all <FONT STYLE="white-space:nowrap">Non-Program</FONT> Vehicles that are in months 25 through 48 of their lease at the time of such sale and are sold at auction or otherwise during such Series <FONT
STYLE="white-space:nowrap">2019-2</FONT> Post-Twenty Four Month Measurement Month (excluding any Unaccepted Program Vehicles) and the denominator of which is the aggregate Net Book Value of such Vehicles on the dates of their respective sales. The
Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Post-Twenty Four Month Measurement Month Average shall be a &#147;Post-Twenty Four Month Measurement Month Average&#148; for purposes of the Depreciation Schedule. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Rapid Amortization Period</U>&#148; means the period beginning at the close of
business on the Business Day immediately preceding the day on which an Amortization Event is deemed to have occurred with respect to the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Notes and ending upon the earliest to occur of
(i)&nbsp;the date on which the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Notes are fully paid, (ii)&nbsp;the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Final Distribution Date and (iii)&nbsp;the termination of the Indenture.
</P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Reimbursement Agreement</U>&#148; means any and each agreement providing
for the reimbursement of a Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Letter of Credit Provider for draws under its Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Letter of Credit as the same may be amended, supplemented, restated
or otherwise modified from time to time. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Repurchase Amount</U>&#148; is
defined in Section&nbsp;5.1(a). </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Required AESOP I Operating Lease Vehicle
Amount</U>&#148; means, as of any date of determination, the sum of (i)&nbsp;the Class&nbsp;A/B/C Invested Amount as of such date and (ii)&nbsp;the greater of (x)&nbsp;the Class&nbsp;A/B/C Required Overcollateralization Amount as of such date and
(y)&nbsp;the sum of (A)&nbsp;the Class&nbsp;D Invested Amount as of such date and (B)&nbsp;the Class&nbsp;D Required Overcollateralization Amount as of such date. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">31 </P>

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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Reserve Accounts</U>&#148;
means, together, the Class&nbsp;A/B/C Reserve Account and the Class&nbsp;D Reserve Account. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT
STYLE="white-space:nowrap">2019-2</FONT> Revolving Period</U>&#148; means the period from and including the Class&nbsp;A/B/C Closing Date to the earlier of (i)&nbsp;the commencement of the Series <FONT STYLE="white-space:nowrap">2019-2</FONT>
Controlled Amortization Period and (ii)&nbsp;the commencement of the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Rapid Amortization Period. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Senior Invested Amount</U>&#148; means, on any date, the sum of the
Class&nbsp;A Invested Amount on such date, the Class&nbsp;B Invested Amount on such date, the Class&nbsp;C Invested Amount on such date and the Class&nbsp;D Invested Amount on such date. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Senior Monthly Interest</U>&#148; means, with respect to any Distribution Date,
the sum of the Class&nbsp;A Monthly Interest, the Class&nbsp;B Monthly Interest, the Class&nbsp;C Monthly Interest and the Class&nbsp;D Monthly Interest, in each case with respect to the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Interest
Period ended on the day preceding such Distribution Date. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Senior
Notes</U>&#148; means, collectively, the Class&nbsp;A Notes, the Class&nbsp;B Notes, the Class&nbsp;C Notes and the Class&nbsp;D Notes. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Shortfall</U>&#148; means, on any Distribution Date, the sum of the
Class&nbsp;A Shortfall, the Class&nbsp;B Shortfall, the Class&nbsp;C Shortfall and the Class&nbsp;D Shortfall on such Distribution Date. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Termination Date</U>&#148; means the September 2025 Distribution Date. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Trustee&#146;s Fees</U>&#148; means, for any Distribution Date during the
Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Rapid Amortization Period on which there exists a Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Lease Interest Payment Deficit, a portion of the fees payable to the Trustee in an amount
equal to the product of (i)&nbsp;the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Percentage as of the beginning of the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Interest Period ending on the day preceding such Distribution Date
and (ii)&nbsp;the fees owing to the Trustee under the Base Indenture; <U>provided</U>, <U>however</U>, that the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Trustee&#146;s Fees in the aggregate for all Distribution Dates shall not exceed
1.1% of the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Required AESOP I Operating Lease Vehicle Amount as of the last day of the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Revolving Period. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Supplement</U>&#148; is defined in the preamble hereto. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Temporary Global Class</U><U></U><U>&nbsp;A Note</U>&#148; is defined in Section&nbsp;4.2. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Temporary Global Class</U><U></U><U>&nbsp;B Note</U>&#148; is defined in Section&nbsp;4.2. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Temporary Global Class</U><U></U><U>&nbsp;C Note</U>&#148; is defined in Section&nbsp;4.2. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Temporary Global Class</U><U></U><U>&nbsp;D Note</U>&#148; is defined in Section&nbsp;4.2. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Temporary Global Class</U><U></U><U>&nbsp;R Note</U>&#148; is defined in Section&nbsp;4.2. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">32 </P>

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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Temporary Global Series <FONT STYLE="white-space:nowrap">2019-2</FONT>
Notes</U>&#148; is defined in Section&nbsp;4.2. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Termination Date Disbursement</U>&#148; means an amount drawn under a Series <FONT
STYLE="white-space:nowrap">2019-2</FONT> Letter of Credit pursuant to a Certificate of Termination Date Demand. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Termination
Disbursement</U>&#148; means an amount drawn under a Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Letter of Credit pursuant to a Certificate of Termination Demand. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Transferee</U>&#148; has the meaning set forth in Section&nbsp;5.23(c). </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Trustee</U>&#148; is defined in the recitals hereto. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Unpaid Demand Note Disbursement</U>&#148; means an amount drawn under a Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Letter
of Credit pursuant to a Certificate of Unpaid Demand Note Demand. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>U.S. Risk Retention Rules</U>&#148; means the federal
interagency credit risk retention rules, codified at 17 C.F.R. Part 246. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>U.S. Treasury Rate</U>&#148; means, with respect to any
Remaining Distribution Amount, a rate determined one Business Day prior to the Optional Repurchase Distribution Date that is equal to the U.S. Treasury rate on such date (determined by reference to Bloomberg Financial Markets Commodities News) with
a maturity equal to the period from such Optional Repurchase Distribution Date to the Applicable Distribution Date with respect to such Remaining Distribution Amount (or, if such maturity is unavailable, such rate shall be determined by linear
interpolation using the U.S. Treasury rates with the two closest maturities to such period). </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(c) Any amounts calculated by reference to
the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Invested Amount (or any component thereof) on any date shall, unless otherwise stated, be calculated after giving effect to any payment of principal made to the applicable Series <FONT
STYLE="white-space:nowrap">2019-2</FONT> Noteholders on such date. </P> <P STYLE="margin-top:24pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>ARTICLE II </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>SERIES <FONT STYLE="white-space:nowrap">2019-2</FONT> ALLOCATIONS </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">With respect to the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Notes, the following shall apply: </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;2.1. <U>Establishment of Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Collection Account, Series <FONT
STYLE="white-space:nowrap">2019-2</FONT> Excess Collection Account and Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Accrued Interest Account</U>. (a)&nbsp;All Collections allocable to the Series
<FONT STYLE="white-space:nowrap">2019-2</FONT> Notes shall be allocated to the Collection Account. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(b) The Trustee has created three
administrative subaccounts within the Collection Account for the benefit of the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Noteholders: the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Collection Account (such <FONT
STYLE="white-space:nowrap">sub-account,</FONT> the &#147;<U>Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Collection Account</U>&#148;), the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Excess Collection Account (such <FONT
STYLE="white-space:nowrap">sub-account,</FONT> the &#147;<U>Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Excess Collection Account</U>&#148;) and the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Accrued Interest Account (such <FONT
STYLE="white-space:nowrap">sub-account,</FONT> the &#147;<U>Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Accrued Interest Account</U>&#148;). </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">33 </P>

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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;2.2. <U>Allocations with Respect to the Series
<FONT STYLE="white-space:nowrap">2019-2</FONT> Notes</U>. The net proceeds from the initial sale of the Class&nbsp;A Notes, Class&nbsp;B Notes, Class&nbsp;C Notes and Class&nbsp;R Notes were deposited into the Collection Account on the
Class&nbsp;A/B/C Closing Date and the net proceeds from the issuance of Class&nbsp;D Notes and Additional Class&nbsp;R Notes shall be deposited into the Collection Account on the Class&nbsp;D Notes Closing Date. On each Business Day on which
Collections are deposited into the Collection Account (each such date, a &#147;Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Deposit Date&#148;), the Administrator will direct the Trustee in writing pursuant to the Administration Agreement
to allocate all amounts deposited into the Collection Account in accordance with the provisions of this Section&nbsp;2.2. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(a)
<U>Allocations of Collections During the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Revolving Period</U>. During the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Revolving Period, the Administrator will direct the Trustee in
writing pursuant to the Administration Agreement to allocate, prior to 11:00&nbsp;a.m. (New York City time) on each Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Deposit Date, all amounts deposited into the Collection Account as set forth
below: </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:9%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(i) allocate to the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Collection Account an amount equal to the
Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Invested Percentage (as of such day) of the aggregate amount of Interest Collections on such day. All such amounts allocated to the Series <FONT STYLE="white-space:nowrap">2019-2</FONT>
Collection Account shall be further allocated to the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Accrued Interest Account; and </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:9%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(ii) allocate to the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Excess Collection Account an amount equal to the
Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Invested Percentage (as of such day) of the aggregate amount of Principal Collections on such day (for any such day, the &#147;<U>Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Principal
Allocation</U>&#148;). </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(b) <U>Allocations of Collections During the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Controlled
Amortization Period</U>. With respect to the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Controlled Amortization Period, the Administrator will direct the Trustee in writing pursuant to the Administration Agreement to allocate, prior to
11:00 a.m. (New York City time) on any Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Deposit Date, all amounts deposited into the Collection Account as set forth below: </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:9%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(i) allocate to the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Collection Account an amount determined as set forth
in Section&nbsp;2.2(a)(i) above for such day, which amount shall be further allocated to the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Accrued Interest Account; and </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:9%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(ii) allocate to the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Collection Account an amount equal to the Series <FONT
STYLE="white-space:nowrap">2019-2</FONT> Principal Allocation for such day, which amount shall be used to make principal payments in respect of the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Notes in accordance with Section&nbsp;2.5, (A)
first, in respect of the Class&nbsp;A Notes in an amount equal to the Class&nbsp;A Controlled Distribution Amount, (B)&nbsp;second, in respect of the Class&nbsp;B Notes in an amount equal to the Class&nbsp;B Controlled Distribution Amount,
(C)&nbsp;third, in respect of the Class&nbsp;C Notes in an amount equal to the Class&nbsp;C Controlled Distribution Amount, (D)&nbsp;fourth, in respect of the Class&nbsp;D Notes in an amount equal to the Class&nbsp;D Controlled Distribution Amount
and (E)&nbsp;fifth, in respect of the Class&nbsp;R Notes in an amount equal to the Class&nbsp;R Controlled Amortization Amount, in each case with respect to the Related Month; <U>provided</U>, <U>however</U>, that if the Monthly Total Principal
Allocation exceeds the sum of the Class&nbsp;A Controlled </P>
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 <P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:9%; font-size:10pt; font-family:Times New Roman">
Distribution Amount, the Class&nbsp;B Controlled Distribution Amount, the Class&nbsp;C Controlled Distribution Amount, the Class&nbsp;D Controlled Distribution Amount and the Class&nbsp;R
Controlled Amortization Amount, in each case with respect to the Related Month, then the amount of such excess shall be allocated to the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Excess Collection Account. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(c) <U>Allocations of Collections During the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Rapid Amortization Period</U>. With respect
to the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Rapid Amortization Period, other than after the occurrence of an Event of Bankruptcy with respect to ABCR, any other Lessee or any Permitted Sublessee, the Administrator will direct the
Trustee in writing pursuant to the Administration Agreement to allocate, prior to 11:00 a.m. (New&nbsp;York City time) on any Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Deposit Date, all amounts deposited into the Collection Account as
set forth below: </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:9%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(i) allocate to the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Collection Account an amount
determined as set forth in Section&nbsp;2.2(a)(i) above for such day, which amount shall be further allocated to the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Accrued Interest Account; and </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:9%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(ii) allocate to the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Collection Account an amount equal to the Series <FONT
STYLE="white-space:nowrap">2019-2</FONT> Principal Allocation for such day, which amount shall be used in accordance with <U>Section</U><U></U><U>&nbsp;2.5</U> to make principal payments in respect of the Class&nbsp;A Notes until the Class&nbsp;A
Notes have been paid in full, and, after the Class&nbsp;A Notes have been paid in full, shall be used to make principal payments in respect of the Class&nbsp;B Notes until the Class&nbsp;B Notes have been paid in full, and, after the Class&nbsp;A
Notes and Class&nbsp;B Notes have been paid in full, shall be used to make principal payments in respect of the Class&nbsp;C Notes until the Class&nbsp;C Notes have been paid in full, and<I>,</I> after the Class&nbsp;A Notes, the Class&nbsp;B Notes,
and the Class&nbsp;C Notes have been paid in full, shall be used to make principal payments in respect of the Class&nbsp;D Notes until the Class&nbsp;D Notes have been paid in full and, after the Class&nbsp;A Notes, the Class&nbsp;B Notes, the
Class&nbsp;C Notes and the Class&nbsp;D Notes have been paid in full (including interest thereon), shall be used to make principal payments in respect of the Class&nbsp;R Notes until the Class&nbsp;R Notes have been paid in full; <U>provided</U>,
<U>however</U>, that if on any Determination Date (A)&nbsp;the Administrator determines that the amount anticipated to be available from Interest Collections allocable to the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Notes and other
amounts available pursuant to Section&nbsp;2.3 to pay the sum of (x)&nbsp;the Class&nbsp;A Monthly Interest, the Class&nbsp;B Monthly Interest and the Class&nbsp;C Monthly Interest on the related Distribution Date, and (y)&nbsp;any unpaid
Class&nbsp;A Shortfall, Class&nbsp;B Shortfall and Class&nbsp;C Shortfall on such Distribution Date (together with interest on such Class&nbsp;A Shortfall, Class&nbsp;B Shortfall and Class&nbsp;C Shortfall), will be less than the sum of (I)&nbsp;the
Class&nbsp;A Monthly Interest for such Distribution Date, (II)&nbsp;the Class&nbsp;B Monthly Interest for such Distribution Date, (III)&nbsp;the Class&nbsp;C Monthly Interest for such Distribution Date and (IV)&nbsp;such Class&nbsp;A Shortfall,
Class&nbsp;B Shortfall and Class&nbsp;C Shortfall (together with interest thereon) and (B)&nbsp;the Class&nbsp;A/B/C Enhancement Amount is greater than zero, then the Administrator shall direct the Trustee in writing to reallocate a portion of the
Principal Collections allocated to the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Notes during the Related Month equal to the lesser of such insufficiency and the Class&nbsp;A/B/C Enhancement Amount to the Series <FONT
STYLE="white-space:nowrap">2019-2</FONT> Accrued Interest Account to be treated as Interest Collections on such Distribution Date; <U>provided</U>, <U>further</U>, <U>however</U>, that if on any Determination Date with respect to a Distribution Date
on which the Class&nbsp;A Notes, the Class&nbsp;B Notes and the Class&nbsp;C Notes will no longer be outstanding (after giving effect to all anticipated reductions in the Class&nbsp;A Invested Amount, the Class&nbsp;B Invested
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Amount and the Class&nbsp;C Invested Amount on such Distribution Date)&nbsp;(A) the Administrator determines that the amount anticipated to be available from Interest Collections allocable to the
Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Notes and other amounts available pursuant to Section&nbsp;2.3 to pay the sum of (x)&nbsp;the Class&nbsp;D Monthly Interest on the related Distribution Date, and (y)&nbsp;any Class&nbsp;D
Shortfall on such Distribution Date (together with interest thereon), will be less than the sum of (I)&nbsp;the Class&nbsp;D Monthly Interest for such Distribution Date and (II)&nbsp;such Class&nbsp;D Shortfall (together with interest thereon) and
(B)&nbsp;the Class&nbsp;D Enhancement Amount is greater than zero, then the Administrator shall direct the Trustee in writing to reallocate a portion of the Principal Collections allocated to the Series <FONT STYLE="white-space:nowrap">2019-2</FONT>
Notes during the Related Month equal to the lesser of such insufficiency and the Class&nbsp;D Enhancement Amount to the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Accrued Interest Account to be treated as Interest Collections on such
Distribution Date. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(d) <U>Allocations of Collections after the Occurrence of an Event of Bankruptcy</U>. After the occurrence of an Event
of Bankruptcy with respect to ABCR, any other Lessee or any Permitted Sublessee, the Administrator will direct the Trustee in writing pursuant to the Administration Agreement to allocate, prior to 11:00 a.m. (New&nbsp;York City time) on any Series <FONT
STYLE="white-space:nowrap">2019-2</FONT> Deposit Date, all amounts attributable to the AESOP I Operating Lease Loan Agreement deposited into the Collection Account as set forth below: </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:9%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(i) allocate to the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Collection Account an amount equal to the Series <FONT
STYLE="white-space:nowrap">2019-2</FONT> AESOP I Operating Lease Vehicle Percentage as of the date of the occurrence of such Event of Bankruptcy of the aggregate amount of Interest Collections made under the AESOP I Operating Lease Loan Agreement
for such day. All such amounts allocated to the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Collection Account shall be further allocated to the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Accrued Interest Account; and </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:9%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(ii) allocate to the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Collection Account an amount equal to the Series <FONT
STYLE="white-space:nowrap">2019-2</FONT> AESOP I Operating Lease Vehicle Percentage as of the date of the occurrence of such Event of Bankruptcy of the aggregate amount of Principal Collections made under the AESOP I Operating Lease Loan Agreement,
which amount shall be used in accordance with <U>Section</U><U></U><U>&nbsp;2.5</U>, to make principal payments in respect of the Class&nbsp;A Notes until the Class&nbsp;A Notes have been paid in full, and after the Class&nbsp;A Notes have been paid
in full shall be used to make principal payments in respect of the Class&nbsp;B Notes until the Class&nbsp;B Notes have been paid in full, and after the Class&nbsp;A Notes and the Class&nbsp;B Notes have been paid in full shall be used to make
principal payments in respect of the Class&nbsp;C Notes until the Class&nbsp;C Notes have been paid in full and after the Class&nbsp;A Notes, the Class&nbsp;B Notes and the Class&nbsp;C Notes have been paid in full, shall be used to make principal
payments in respect of the Class&nbsp;D Notes until the Class&nbsp;D Notes have been paid in full and, after the Class&nbsp;A Notes, the Class&nbsp;B Notes, the Class&nbsp;C Notes and the Class&nbsp;D Notes have been paid in full, shall be used to
make principal payments in respect of the Class&nbsp;R Notes until the Class&nbsp;R Notes have been paid in full; <U>provided</U>, <U>however</U>, that if on any Determination Date (A)&nbsp;the Administrator determines that the amount anticipated to
be available from Interest Collections allocable to the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Notes and other amounts available pursuant to <U>Section</U><U></U><U>&nbsp;2.3</U> to pay the sum of (x)&nbsp;the Class&nbsp;A Monthly
Interest, the Class&nbsp;B Monthly Interest and the Class&nbsp;C Monthly Interest on the related Distribution Date, and (y)&nbsp;any unpaid Class&nbsp;A Shortfall, Class&nbsp;B Shortfall and Class&nbsp;C Shortfall on such
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Distribution Date (together with interest on such Class&nbsp;A Shortfall, Class&nbsp;B Shortfall and Class&nbsp;C Shortfall), will be less than the sum of (I)&nbsp;the Class&nbsp;A Monthly
Interest for such Distribution Date, (II)&nbsp;the Class&nbsp;B Monthly Interest for such Distribution Date, (III)&nbsp;the Class&nbsp;C Monthly Interest for such Distribution Date and (IV)&nbsp;Class&nbsp;A Shortfall, Class&nbsp;B Shortfall and
Class&nbsp;C Shortfall (together with interest thereon) and (B)&nbsp;the Class&nbsp;A/B/C Enhancement Amount is greater than zero, then the Administrator shall direct the Trustee in writing to reallocate a portion of the Principal Collections
allocated to the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Notes during the Related Month equal to the lesser of such insufficiency and the Class&nbsp;A/B/C Enhancement Amount to the Series <FONT STYLE="white-space:nowrap">2019-2</FONT>
Accrued Interest Account to be treated as Interest Collections on such Distribution Date; <U>provided</U>, <U>further</U>, <U>however</U>, that if on any Determination Date with respect to a Distribution Date on which the Class&nbsp;A Notes, the
Class&nbsp;B Notes and the Class&nbsp;C Notes will no longer be outstanding (after giving effect to all anticipated reductions in the Class&nbsp;A Invested Amount, the Class&nbsp;B Invested Amount and the Class&nbsp;C Invested Amount on such
Distribution Date)&nbsp;(A) the Administrator determines that, after giving effect to the preceding proviso, the amount anticipated to be available from Interest Collections allocable to the Series <FONT STYLE="white-space:nowrap">2019-2</FONT>
Notes and other amounts available pursuant to <U>Section</U><U></U><U>&nbsp;2.3</U> to pay the sum of (x)&nbsp;the Class&nbsp;D Monthly Interest on the related Distribution Date, and (y)&nbsp;any Class&nbsp;D Shortfall on such Distribution Date
(together with interest thereon), will be less than the sum of (I)&nbsp;the Class&nbsp;D Monthly Interest for such Distribution Date and (II)&nbsp;such Class&nbsp;D Shortfall (together with interest thereon) and (B)&nbsp;the Class&nbsp;D Enhancement
Amount is greater than zero, then the Administrator shall direct the Trustee in writing to reallocate a portion of the Principal Collections allocated to the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Notes during the Related Month equal
to the lesser of such insufficiency and the Class&nbsp;D Enhancement Amount to the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Accrued Interest Account to be treated as Interest Collections on such Distribution Date. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(e) <U>Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Excess Collection Account</U>. Amounts allocated to the Series <FONT
STYLE="white-space:nowrap">2019-2</FONT> Excess Collection Account on any Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Deposit Date will be (v)&nbsp;first, deposited in the Class&nbsp;A/B/C Reserve Account in an amount up to the excess, if
any, of the Class&nbsp;A/B/C Required Reserve Account Amount for such date over the Class&nbsp;A/B/C Available Reserve Account Amount for such date, (w)&nbsp;second, deposited in the Class&nbsp;D Reserve Account in an amount up to the excess, if
any, of the Class&nbsp;D Required Reserve Account Amount for such date over the Class&nbsp;D Available Reserve Account Amount for such date, (x)&nbsp;third, used to pay the principal amount of other Series of Notes that are then in amortization,
(y)&nbsp;fourth, released to AESOP Leasing in an amount equal to the product of (A)&nbsp;the Loan Agreement&#146;s Share with respect to the AESOP I Operating Lease Loan Agreement as of such date and (B) 100% <U>minus</U> the Loan Payment Allocation
Percentage with respect to the AESOP I Operating Lease Loan Agreement as of such date and (C)&nbsp;the amount of any remaining funds and (z)&nbsp;fifth, paid to ABRCF for any use permitted by the Related Documents including to make Loans under the
Loan Agreements to the extent the Borrowers have requested Loans thereunder and Eligible Vehicles are available for financing thereunder; <U>provided</U>, <U>however</U>, that in the case of clauses (x), (y) and (z), that no Amortization Event,
Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Enhancement Deficiency or AESOP I Operating Lease Vehicle Deficiency would result therefrom or exist immediately thereafter. Upon the occurrence of an Amortization Event and once a Trust Officer
has actual knowledge of the Amortization Event, funds on deposit in the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Excess Collection Account will be withdrawn by the Trustee, deposited in the Series
<FONT STYLE="white-space:nowrap">2019-2</FONT> Collection Account and allocated as Principal Collections to reduce the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Invested Amount on the immediately succeeding Distribution Date. </P>
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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(f) <U>Allocations From Other Series</U>. Amounts allocated to other Series of Notes that
have been reallocated by ABRCF to the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Notes (i)&nbsp;during the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Revolving Period shall be allocated to the Series <FONT
STYLE="white-space:nowrap">2019-2</FONT> Excess Collection Account and applied in accordance with Section&nbsp;2.2(e) and (ii)&nbsp;during the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Controlled Amortization Period or the Series <FONT
STYLE="white-space:nowrap">2019-2</FONT> Rapid Amortization Period shall be allocated to the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Collection Account and applied in accordance with Section&nbsp;2.2(b) or 2.2(c), as applicable, to
make principal payments in respect of the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Notes. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(g) <U>Past Due Rent Payments</U>.
Notwithstanding the foregoing, if in the case of Section&nbsp;2.2(a) or (b), after the occurrence of a Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Lease Payment Deficit, the Lessees shall make payments of Monthly Base Rent or other amounts
payable by the Lessees under the Leases on or prior to the fifth Business Day after the occurrence of such Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Lease Payment Deficit (a &#147;<U>Past Due Rent Payment</U>&#148;), the Administrator
shall direct the Trustee in writing pursuant to the Administration Agreement to allocate to the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Collection Account an amount equal to the Series <FONT STYLE="white-space:nowrap">2019-2</FONT>
Invested Percentage as of the date of the occurrence of such Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Lease Payment Deficit of the Collections attributable to such Past Due Rent Payment (the &#147;<U>Series <FONT
STYLE="white-space:nowrap">2019-2</FONT> Past Due Rent Payment</U>&#148;). The Administrator shall instruct the Trustee in writing pursuant to the Administration Agreement to withdraw from the Series <FONT STYLE="white-space:nowrap">2019-2</FONT>
Collection Account and apply the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Past Due Rent Payment in the following order: </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:9%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(i) if the occurrence of such Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Lease Payment Deficit resulted in one or
more Lease Deficit Disbursements being made under the Class&nbsp;A/B/C Letters of Credit, pay to each Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Letter of Credit Provider who made such a Lease Deficit Disbursement under a Class&nbsp;A/B/C
Letter of Credit for application in accordance with the provisions of the applicable Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Reimbursement Agreement an amount equal to the lesser of (x)&nbsp;the unreimbursed amount of such Series <FONT
STYLE="white-space:nowrap">2019-2</FONT> Letter of Credit Provider&#146;s Lease Deficit Disbursement under a Class&nbsp;A/B/C Letter of Credit and (y)&nbsp;such Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Letter of Credit Provider&#146;s
Class&nbsp;A/B/C Pro Rata Share of the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Past Due Rent Payment; </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:9%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(ii)
if the occurrence of such Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Lease Payment Deficit resulted in a withdrawal being made from the Class&nbsp;A/B/C Cash Collateral Account, deposit in the Class&nbsp;A/B/C Cash Collateral Account an
amount equal to the lesser of (x)&nbsp;the amount of the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Past Due Rent Payment remaining after any payment pursuant to clause (i)&nbsp;above and (y)&nbsp;the amount withdrawn from the
Class&nbsp;A/B/C Cash Collateral Account on account of such Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Lease Payment Deficit; </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:9%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(iii) if the occurrence of such Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Lease Payment Deficit resulted in a
withdrawal being made from the Class&nbsp;A/B/C Reserve Account pursuant to Section&nbsp;2.3(d), deposit in the Class&nbsp;A/B/C Reserve Account an amount equal to the lesser of (x)&nbsp;the amount of the Series
<FONT STYLE="white-space:nowrap">2019-2</FONT> Past Due Rent Payment remaining after any payments pursuant to clauses (i)&nbsp;and (ii) above and (y)&nbsp;the excess, if any, of the Class&nbsp;A/B/C Required Reserve Account Amount over the
Class&nbsp;A/B/C Available Reserve Account Amount on such day; </P>
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 <P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:9%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(iv) if the occurrence of such Series
<FONT STYLE="white-space:nowrap">2019-2</FONT> Lease Payment Deficit resulted in one or more Lease Deficit Disbursements being made under the Class&nbsp;D Letters of Credit, pay to each Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Letter of
Credit Provider who made such a Lease Deficit Disbursement under a Class&nbsp;D Letter of Credit for application in accordance with the provisions of the applicable Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Reimbursement Agreement an
amount equal to the lesser of (x)&nbsp;the unreimbursed amount of such Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Letter of Credit Provider&#146;s Lease Deficit Disbursement under a Class&nbsp;D Letter of Credit and (y)&nbsp;such Series <FONT
STYLE="white-space:nowrap">2019-2</FONT> Letter of Credit Provider&#146;s Class&nbsp;D Pro Rata Share of the amount of the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Past Due Rent Payment remaining after any payment pursuant to clauses
(i)&nbsp;through (iii) above </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:9%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(v) if the occurrence of such Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Lease
Payment Deficit resulted in a withdrawal being made from the Class&nbsp;D Cash Collateral Account, deposit in the Class&nbsp;D Cash Collateral Account an amount equal to the lesser of (x)&nbsp;the amount of the Series
<FONT STYLE="white-space:nowrap">2019-2</FONT> Past Due Rent Payment remaining after any payment pursuant to clause (i)&nbsp;through (iv) above and (y)&nbsp;the amount withdrawn from the Class&nbsp;D Cash Collateral Account on account of such Series
<FONT STYLE="white-space:nowrap">2019-2</FONT> Lease Payment Deficit; </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:9%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(vi) if the occurrence of such Series <FONT
STYLE="white-space:nowrap">2019-2</FONT> Lease Payment Deficit resulted in a withdrawal being made from the Class&nbsp;D Reserve Account pursuant to Section&nbsp;2.3(d), deposit in the Class&nbsp;D Reserve Account an amount equal to the lesser of
(x)&nbsp;the amount of the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Past Due Rent Payment remaining after any payments pursuant to clauses (i)&nbsp;through (v) above and (y)&nbsp;the excess, if any, of the Class&nbsp;D Required Reserve
Account Amount over the Class&nbsp;D Available Reserve Account Amount on such day; </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:9%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(vii) allocate to the Series <FONT
STYLE="white-space:nowrap">2019-2</FONT> Accrued Interest Account the amount, if any, by which the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Lease Interest Payment Deficit, if any, relating to such Series
<FONT STYLE="white-space:nowrap">2019-2</FONT> Lease Payment Deficit exceeds the amount of the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Past Due Rent Payment applied pursuant to clauses (i)&nbsp;(vi) above; and </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:9%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(viii) treat the remaining amount of the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Past Due Rent Payment as
Principal Collections allocated to the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Notes in accordance with Section&nbsp;2.2(a)(ii) or 2.2(b)(ii), as the case may be. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;2.3. <U>Payments to Noteholders</U>. On each Determination Date, as provided below, the Administrator shall instruct the Paying
Agent in writing pursuant to the Administration Agreement to withdraw, and on the following Distribution Date the Paying Agent, acting in accordance with such instructions, shall withdraw the amounts required to be withdrawn from the Collection
Account pursuant to Section&nbsp;2.3(a) below in respect of all funds available from Interest Collections processed since the preceding Distribution Date and allocated to the holders of the Series <FONT STYLE="white-space:nowrap">2019-2</FONT>
Notes. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(a) <U>Note Interest with Respect to the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Notes</U>. On each Determination
Date, the Administrator shall instruct the Trustee and the Paying Agent in writing pursuant to the Administration Agreement as to the amount to be withdrawn and paid pursuant to Section&nbsp;2.4 from the Series
<FONT STYLE="white-space:nowrap">2019-2</FONT> Accrued Interest Account to the extent funds are anticipated to </P>
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be available from Interest Collections allocable to the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Notes processed from but not including the preceding Distribution Date through the
succeeding Distribution Date in respect of (i)&nbsp;an amount equal to the Class&nbsp;A Monthly Interest for the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Interest Period ending on the day preceding the related Distribution Date,
(ii)&nbsp;an amount equal to the amount of any unpaid Class&nbsp;A Shortfall as of the preceding Distribution Date (together with any accrued interest on such Class&nbsp;A Shortfall), (iii) an amount equal to the Class&nbsp;B Monthly Interest for
the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Interest Period ending on the day preceding the related Distribution Date, (iv)&nbsp;an amount equal to the amount of any unpaid Class&nbsp;B Shortfall as of the preceding Distribution Date
(together with any accrued interest on such Class&nbsp;B Shortfall), (v) an amount equal to the Class&nbsp;C Monthly Interest for the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Interest Period ending on the day preceding the related
Distribution Date, (vi)&nbsp;an amount equal to the amount of any unpaid Class&nbsp;C Shortfall as of the preceding Distribution Date (together with any accrued interest on such Class&nbsp;C Shortfall), (vii) an amount equal to the Class&nbsp;D
Monthly Interest for the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Interest Period ending on the day preceding the related Distribution Date, (viii)&nbsp;an amount equal to the amount of any unpaid Class&nbsp;D Shortfall as of the
preceding Distribution Date (together with any accrued interest on such Class&nbsp;D Shortfall), (ix) an amount equal to the Class&nbsp;R Monthly Interest for the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Interest Period ending on the
day preceding the related Distribution Date and (x)&nbsp;an amount equal to the amount of any unpaid Class&nbsp;R Shortfall as of the preceding Distribution Date (together with any accrued interest on such Class&nbsp;R Shortfall). On the following
Distribution Date, the Trustee shall withdraw the amounts described in the first sentence of this Section&nbsp;2.3(a) from the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Accrued Interest Account and deposit such amounts in the Series <FONT
STYLE="white-space:nowrap">2019-2</FONT> Distribution Account. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(b) <U>Lease Payment Deficit Notice</U>. On or before 3:00 p.m. (New York
City time) on the Business Day immediately preceding each Distribution Date, the Administrator shall notify the Trustee of the amount of any Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Lease Payment Deficit, such notification to be in the
form of <U>Exhibit H</U> (each a &#147;<U>Lease Payment Deficit Notice</U>&#148;). </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(c) <U>Draws on Series
<FONT STYLE="white-space:nowrap">2019-2</FONT> Letters of Credit For Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Lease Interest Payment Deficits</U>. If the Administrator determines on the Business Day immediately preceding any
Distribution Date that on such Distribution Date there will exist a Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Lease Interest Payment Deficit, the Administrator shall: </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:9%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(i) on or prior to 3:00 p.m. (New York City time) on such Business Day, instruct the Trustee in writing to draw on the
Class&nbsp;A/B/C Letters of Credit, if any, and, the Trustee shall, by 5:00 p.m. (New York City time) on such Business Day draw an amount as set forth in such notice equal to (I)&nbsp;so long as any Class&nbsp;A Notes, any Class&nbsp;B Notes or any
Class&nbsp;C Notes remain outstanding, the least of (x)&nbsp;the excess, if any, of such Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Lease Interest Payment Deficit over the sum of (1)&nbsp;the amounts described in clauses (vii)&nbsp;and
(viii) of Section&nbsp;2.3(a) above and (2)&nbsp;during the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Rapid Amortization Period, the product of the Class&nbsp;D Percentage and the Series <FONT STYLE="white-space:nowrap">2019-2</FONT>
Trustee&#146;s Fees for such Distribution Date, (y)&nbsp;the excess, if any, of (A)&nbsp;the sum of (1)&nbsp;the amounts described in clauses (i)&nbsp;through (vi) of Section&nbsp;2.3(a) above for such Distribution Date and (2)&nbsp;during the
Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Rapid Amortization Period, the product of the Class&nbsp;A/B/C Percentage and the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Trustee&#146;s Fees for such Distribution Date, over
(B)&nbsp;the amounts available from the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Accrued Interest Account and (z)&nbsp;the Class&nbsp;A/B/C Letter of Credit Liquidity Amount or (II)&nbsp;if no Class&nbsp;A Notes, Class&nbsp;B Notes or
Class&nbsp;C Notes remain outstanding, the least of (x)&nbsp;such Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Lease Interest </P>
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Payment Deficit, (y)&nbsp;the excess, if any, of (A)&nbsp;the sum of (1)&nbsp;the amounts described in clauses (i)&nbsp;through (viii) of Section&nbsp;2.3(a) above for such Distribution Date and
(2)&nbsp;during the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Rapid Amortization Period, the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Trustee&#146;s Fees for such Distribution Date, over (B)&nbsp;the amounts available from
the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Accrued Interest Account and (z)&nbsp;the Class&nbsp;A/B/C Letter of Credit Liquidity Amount, in either case, on the Class&nbsp;A/B/C Letter of Credit by presenting to each Series <FONT
STYLE="white-space:nowrap">2019-2</FONT> Letter of Credit Provider with respect to a Class&nbsp;A/B/C Letter of Credit a draft accompanied by a Certificate of Lease Deficit Demand and shall cause the Lease Deficit Disbursements to be deposited in
the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Distribution Account on such date; <U>provided</U>, <U>however</U>, that if the Class&nbsp;A/B/C Cash Collateral Account has been established and funded, the Trustee shall withdraw from the
Class&nbsp;A/B/C Cash Collateral Account and deposit in the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Distribution Account an amount equal to the lesser of (x)&nbsp;the Class&nbsp;A/B/C Cash Collateral Percentage on such date of the
least of the amounts described in clauses (I)(x), (y) and (z)&nbsp;above or clauses (II)(x), (y) and (z)&nbsp;above, as applicable, and (y)&nbsp;the Class&nbsp;A/B/C Available Cash Collateral Account Amount on such date and draw an amount equal to
the remainder of such amount on the Class&nbsp;A/B/C Letters of Credit; and </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:9%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(ii) on or prior to 3:00 p.m. (New York City
time) on such Business Day, instruct the Trustee in writing to draw on the Class&nbsp;D Letters of Credit, if any, and, the Trustee shall, by 5:00 p.m. (New York City time) on such Business Day draw an amount as set forth in such notice equal to the
least of (x)&nbsp;such Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Lease Interest Payment Deficit, (y)&nbsp;the excess, if any, of (A)&nbsp;the sum of (1)&nbsp;the amounts described in clauses (vii)&nbsp;and (viii) of Section&nbsp;2.3(a)
above for such Distribution Date and (2)&nbsp;during the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Rapid Amortization Period, the product of the Class&nbsp;D Percentage and the Series <FONT STYLE="white-space:nowrap">2019-2</FONT>
Trustee&#146;s Fees for such Distribution Date, over (B)&nbsp;the excess of (1)&nbsp;the sum of (X)&nbsp;the amounts available from the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Accrued Interest Account and (Y)&nbsp;the amount drawn on
the Class&nbsp;A/B/C Letters of Credit (and/or withdrawn from the Class&nbsp;A/B/C Cash Collateral Account) pursuant to Section&nbsp;2.3(c)(i) above over (2)&nbsp;the sum of (X)&nbsp;the amounts described in clauses (i)&nbsp;through (vi) of
Section&nbsp;2.3(a) above for such Distribution Date and (Y)&nbsp;during the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Rapid Amortization Period, the product of the Class&nbsp;A/B/C Percentage and the Series <FONT
STYLE="white-space:nowrap">2019-2</FONT> Trustee&#146;s Fees for such Distribution Date and (z)&nbsp;the Class&nbsp;D Letter of Credit Liquidity Amount on the Class&nbsp;D Letters of Credit by presenting to each Series
<FONT STYLE="white-space:nowrap">2019-2</FONT> Letter of Credit Provider with respect to a Class&nbsp;D Letter of Credit a draft accompanied by a Certificate of Lease Deficit Demand and shall cause the Lease Deficit Disbursements to be deposited in
the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Distribution Account on such date; <U>provided</U>, <U>however</U>, that if the Class&nbsp;D Cash Collateral Account has been established and funded, the Trustee shall withdraw from the
Class&nbsp;D Cash Collateral Account and deposit in the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Distribution Account an amount equal to the lesser of (x)&nbsp;the Class&nbsp;D Cash Collateral Percentage on such date of the least of the
amounts described in clauses (x), (y) and (z)&nbsp;above and (y)&nbsp;the Class&nbsp;D Available Cash Collateral Account Amount on such date and draw an amount equal to the remainder of such amount on the Class&nbsp;D Letters of Credit. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(d) <U>Withdrawals from Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Reserve Accounts</U>. If the Administrator determines on any
Distribution Date that the amounts available from the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Accrued Interest Account <U>plus</U> the amount, if any, to be drawn under the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Letters
of Credit and/or withdrawn from the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Cash Collateral Accounts pursuant to Section&nbsp;2.3(c) are </P>
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insufficient to pay the sum of (A)&nbsp;the amounts described in clauses (i)&nbsp;through (viii) of Section&nbsp;2.3(a) above on such Distribution Date and (B)&nbsp;during the Series <FONT
STYLE="white-space:nowrap">2019-2</FONT> Rapid Amortization Period, the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Trustee&#146;s Fees for such Distribution Date, the Administrator shall: </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:9%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(i) instruct the Trustee in writing to withdraw from the Class&nbsp;A/B/C Reserve Account and deposit in the Series <FONT
STYLE="white-space:nowrap">2019-2</FONT> Distribution Account on such Distribution Date an amount equal to the lesser of (x)&nbsp;the Class&nbsp;A/B/C Available Reserve Account Amount and (y)&nbsp;the excess of (A)&nbsp;either (I) so long as any
Class&nbsp;A Notes, any Class&nbsp;B or any Class&nbsp;C Notes remain outstanding, the sum of (1)&nbsp;the amounts described in clauses (i)&nbsp;through (vi) of Section&nbsp;2.3(a) above with respect to such Distribution Date and (2)&nbsp;during the
Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Rapid Amortization Period, the product of the Class&nbsp;A/B/C Percentage and the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Trustee&#146;s Fees for such Distribution Date or
(II)&nbsp;if no Class&nbsp;A Notes, Class&nbsp;B Notes or Class&nbsp;C Notes remain outstanding, the sum of (1)&nbsp;the amounts described in clauses (i)&nbsp;through (viii) of Section&nbsp;2.3(a) above with respect to such Distribution Date and
(2)&nbsp;during the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Rapid Amortization Period, the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Trustee&#146;s Fees for such Distribution Date over (B)&nbsp;the sum of (1)&nbsp;the
amounts available from the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Accrued Interest Account and (2)&nbsp;the amount drawn on the Class&nbsp;A/B/C Letters of Credit and/or withdrawn from the Class&nbsp;A/B/C Cash Collateral Account with
respect to such Distribution Date in accordance with Section&nbsp;2.3(c)(i) above. The Trustee shall withdraw such amount from the Class&nbsp;A/B/C Reserve Account and deposit such amount in the Series <FONT STYLE="white-space:nowrap">2019-2</FONT>
Distribution Account; and </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:9%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(ii) instruct the Trustee in writing to withdraw from the Class&nbsp;D Reserve Account and
deposit in the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Distribution Account on such Distribution Date an amount equal to the lesser of (x)&nbsp;the Class&nbsp;D Available Reserve Account Amount and (y)&nbsp;the excess of (A)&nbsp;the
sum of (1)&nbsp;the amounts described in clauses (vii)&nbsp;and (viii) of Section&nbsp;2.3(a) above with respect to such Distribution Date and (2)&nbsp;during the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Rapid Amortization Period, the
product of the Class&nbsp;D Percentage and the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Trustee&#146;s Fees for such Distribution Date over (B)&nbsp;the excess with respect to such Distribution Date of (1)&nbsp;the sum of (W)&nbsp;the
amounts available from the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Accrued Interest Account, (X)&nbsp;the amount drawn on the Class&nbsp;A/B/C Letters of Credit (and/or withdrawn from the Class&nbsp;A/B/C Cash Collateral Account) in
accordance with Section&nbsp;2.3(c)(i) above, (Y)&nbsp;the amount drawn on the Class&nbsp;D Letters of Credit (and/or withdrawn from the Class&nbsp;D Cash Collateral Account) in accordance with Section&nbsp;2.3(c)(ii) above and (Z)&nbsp;the amount
withdrawn from the Class&nbsp;A/B/C Reserve Account in accordance with Section&nbsp;2.3(d)(i) over (2)&nbsp;the sum of (X)&nbsp;the amounts described in clauses (i)&nbsp;through (vi) of Section&nbsp;2.3(a) above for such Distribution Date and
(Y)&nbsp;during the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Rapid Amortization Period, the product of the Class&nbsp;A/B/C Percentage and the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Trustee&#146;s Fees for such
Distribution Date. The Trustee shall withdraw such amount from the Class&nbsp;D Reserve Account and deposit such amount in the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Distribution Account. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(e) [RESERVED]. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(f)
<U>Balance</U>. On or prior to the second Business Day preceding each Distribution Date, the Administrator shall instruct the Trustee and the Paying Agent in writing </P>
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pursuant to the Administration Agreement to pay the balance (after making the payments required in Section&nbsp;2.4), if any, of the amounts available from the Series <FONT
STYLE="white-space:nowrap">2019-2</FONT> Accrued Interest Account and the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Distribution Account, <U>plus</U> the amount, if any, drawn under the Series
<FONT STYLE="white-space:nowrap">2019-2</FONT> Letters of Credit and/or withdrawn from the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Cash Collateral Accounts pursuant to Section&nbsp;2.3(c) <U>plus</U> the amount, if any, withdrawn from
the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Reserve Accounts pursuant to Section&nbsp;2.3(d) as follows: </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:9%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(i)
on each Distribution Date during the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Revolving Period or the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Controlled Amortization Period, (1)&nbsp;first, to the Administrator, an amount
equal to the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Percentage as of the beginning of the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Interest Period ending on the day preceding such Distribution Date of the portion of the
Monthly Administration Fee payable by ABRCF (as specified in clause (iii)&nbsp;of the definition thereof) for such Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Interest Period, (2)&nbsp;second, to the Trustee, an amount equal to the Series <FONT
STYLE="white-space:nowrap">2019-2</FONT> Percentage as of the beginning of such Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Interest Period of the fees owing to the Trustee under the Base Indenture for such Series <FONT
STYLE="white-space:nowrap">2019-2</FONT> Interest Period, (3)&nbsp;third to pay any Carrying Charges (other than Carrying Charges provided for above) to the Persons to whom such amounts are owed, an amount equal to the Series <FONT
STYLE="white-space:nowrap">2019-2</FONT> Percentage as of the beginning of such Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Interest Period of such Carrying Charges (other than Carrying Charges provided for above) for such Series <FONT
STYLE="white-space:nowrap">2019-2</FONT> Interest Period and (4)&nbsp;fourth, the balance, if any, shall be withdrawn by the Paying Agent from the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Collection Account and deposited in the Series <FONT
STYLE="white-space:nowrap">2019-2</FONT> Excess Collection Account; and </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:9%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(ii) on each Distribution Date during the Series <FONT
STYLE="white-space:nowrap">2019-2</FONT> Rapid Amortization Period, (1)&nbsp;first, to the Trustee, an amount equal to the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Percentage as of the beginning of such Series <FONT
STYLE="white-space:nowrap">2019-2</FONT> Interest Period ending on the day preceding such Distribution Date of the fees owing to the Trustee under the Base Indenture for such Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Interest Period,
(2)&nbsp;second, to the Administrator, an amount equal to the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Percentage as of the beginning of such Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Interest Period of the portion of the
Monthly Administration Fee (as specified in clause (iii)&nbsp;of the definition thereof) payable by ABRCF for such Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Interest Period, (3)&nbsp;third, to pay any Carrying Charges (other than
Carrying Charges provided for above) to the Persons to whom such amounts are owed, an amount equal to the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Percentage as of the beginning of such Series
<FONT STYLE="white-space:nowrap">2019-2</FONT> Interest Period of such Carrying Charges (other than Carrying Charges provided for above) for such Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Interest Period and (4)&nbsp;fourth, so long as
the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Invested Amount is greater than the Monthly Total Principal Allocations for the Related Month, an amount equal to the excess of the Series <FONT STYLE="white-space:nowrap">2019-2</FONT>
Invested Amount over the Monthly Total Principal Allocations for the Related Month shall be treated as Principal Collections. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(g)
<U>Shortfalls</U>. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:9%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(i) If the amounts described in Section&nbsp;2.3 are insufficient to pay the Class&nbsp;A Monthly
Interest on any Distribution Date, payments of interest to the Class&nbsp;A Noteholders will be reduced on a <U>pro</U> <U>rata</U> basis by the amount of such deficiency. The aggregate amount, if any, of such deficiency on any Distribution Date,
together with the aggregate unpaid amount of any such deficiencies with respect to all prior Distribution Dates, shall be referred to as the &#147;<U>Class</U><U></U><U>&nbsp;A Shortfall</U>&#148;. Interest shall accrue on the Class&nbsp;A Shortfall
at the Class&nbsp;A Note Rate. </P>
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 <P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:9%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(ii) If the amounts described in Section&nbsp;2.3 are insufficient to pay
the amounts described in clauses (i)&nbsp;and (ii) of Section&nbsp;2.3(a) and the Class&nbsp;B Monthly Interest on any Distribution Date, payments of interest to the Class&nbsp;B Noteholders will be reduced on a <U>pro</U> <U>rata</U> basis by the
amount of such deficiency. The aggregate amount, if any, of such deficiency on any Distribution Date (which deficiency on any Distribution Date shall not exceed the Class&nbsp;B Monthly Interest for the Series
<FONT STYLE="white-space:nowrap">2019-2</FONT> Interest Period ended on the day preceding such Distribution Date), together with the aggregate unpaid amount of any such deficiencies with respect to all prior Distribution Dates, shall be referred to
as the &#147;<U>Class</U><U></U><U>&nbsp;B Shortfall</U>&#148;. Interest shall accrue on the Class&nbsp;B Shortfall at the Class&nbsp;B Note Rate. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:9%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(iii) If the amounts described in Section&nbsp;2.3 are insufficient to pay the amounts described in clauses (i)&nbsp;through
(iv) of Section&nbsp;2.3(a) and the Class&nbsp;C Monthly Interest on any Distribution Date, payments of interest to the Class&nbsp;C Noteholders will be reduced on a <U>pro</U> <U>rata</U> basis by the amount of such deficiency. The aggregate
amount, if any, of such deficiency on any Distribution Date (which deficiency on any Distribution Date shall not exceed the Class&nbsp;C Monthly Interest for the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Interest Period ended on the day
preceding such Distribution Date), together with the aggregate unpaid amount of any such deficiencies with respect to all prior Distribution Dates, shall be referred to as the &#147;<U>Class</U><U></U><U>&nbsp;C Shortfall</U>&#148;. Interest shall
accrue on the Class&nbsp;C Shortfall at the Class&nbsp;C Note Rate. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:9%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(iv) If the amounts described in Section&nbsp;2.3 are
insufficient to pay the amounts described in clauses (i)&nbsp;through (iv) of Section&nbsp;2.3(a) and the Class&nbsp;D Monthly Interest on any Distribution Date, payments of interest to the Class&nbsp;D Noteholders will be reduced on a <U>pro</U>
<U>rata</U> basis by the amount of such deficiency. The aggregate amount, if any, of such deficiency on any Distribution Date (which deficiency on any Distribution Date shall not exceed the Class&nbsp;D Monthly Interest for the Series <FONT
STYLE="white-space:nowrap">2019-2</FONT> Interest Period ended on the day preceding such Distribution Date), together with the aggregate unpaid amount of any such deficiencies with respect to all prior Distribution Dates, shall be referred to as the
&#147;<U>Class</U><U></U><U>&nbsp;D Shortfall</U>&#148;. Interest shall accrue on the Class&nbsp;D Shortfall at the Class&nbsp;D Note Rate. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:9%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(v) If the amounts described in Section&nbsp;2.3 are insufficient to pay the amounts described in clauses (i)&nbsp;through (vi)
of Section&nbsp;2.3(a) and the Class&nbsp;R Monthly Interest on any Distribution Date, payments of interest to the Class&nbsp;R Noteholders will be reduced on a <U>pro</U> <U>rata</U> basis by the amount of such deficiency. The aggregate amount, if
any, of such deficiency on any Distribution Date (which deficiency on any Distribution Date shall not exceed the Class&nbsp;R Monthly Interest for the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Interest Period ended on the day preceding
such Distribution Date), together with the aggregate unpaid amount of any such deficiencies with respect to all prior Distribution Dates, shall be referred to as the &#147;<U>Class</U><U></U><U>&nbsp;R Shortfall</U>&#148;. Interest shall accrue on
the Class&nbsp;R Shortfall at the Class&nbsp;R Note Rate. </P>
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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;2.4. <U>Payment of Note Interest</U>. (a)&nbsp;On each Distribution Date,
subject to Section&nbsp;9.8 of the Base Indenture, the Paying Agent shall, in accordance with Section&nbsp;6.1 of the Base Indenture, pay the following amounts in the following order of priority from amounts deposited into the Series <FONT
STYLE="white-space:nowrap">2019-2</FONT> Distribution Account pursuant to Section&nbsp;2.3: </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:9%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(i) <U>first</U>, to the
Class&nbsp;A Noteholders, the amounts due to the Class&nbsp;A Noteholders described in Sections 2.3(a)(i) and (ii); </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:9%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(ii)
<U>second</U>, to the Class&nbsp;B Noteholders, the amounts due to the Class&nbsp;B Noteholders described in Sections 2.3(a)(iii) and (iv); </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:9%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(iii) <U>third</U>, to the Class&nbsp;C Noteholders, the amounts due to the Class&nbsp;C Noteholders described in Sections
2.3(a)(v) and (vi); </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:9%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(iv) <U>fourth</U>, to the Class&nbsp;D Noteholders, the amounts due to the Class&nbsp;D Noteholders
described in Sections 2.3(a)(vii) and (viii); and </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:9%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(v) <U>fifth</U>, to the Class&nbsp;R Noteholders, the amounts due to
the Class&nbsp;R Noteholders described in Sections 2.3(a)(ix) and (x). </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;2.5. <U>Payment of Note Principal</U>.
(a)<U>&nbsp;Monthly Payments During Controlled Amortization Period or Rapid Amortization Period</U>. On each Determination Date, commencing on the second Determination Date during the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Controlled
Amortization Period or the first Determination Date after the commencement of the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Rapid Amortization Period, the Administrator shall instruct the Trustee and the Paying Agent in writing pursuant
to the Administration Agreement and in accordance with this Section&nbsp;2.5 as to (1)&nbsp;the amount allocated to the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Notes during the Related Month pursuant to Section&nbsp;2.2(b)(ii), (c)(ii)
or (d)(ii), as the case may be, (2)&nbsp;any amounts to be drawn on the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Demand Notes and/or on the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Letters of Credit (or withdrawn from the
Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Cash Collateral Accounts) pursuant to this Section&nbsp;2.5 and (3)&nbsp;any amounts to be withdrawn from the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Reserve Accounts pursuant to
this Section&nbsp;2.5 and deposited into the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Distribution Account. On the Distribution Date following each such Determination Date, the Trustee shall withdraw the amount allocated to the Series <FONT
STYLE="white-space:nowrap">2019-2</FONT> Notes during the Related Month pursuant to Section&nbsp;2.2(b)(ii), (c)(ii) or (d)(ii), as the case may be, from the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Collection Account and deposit such
amount in the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Distribution Account, to be paid to the holders of the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Notes. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(b) <U>Principal Draws on Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Letters of Credit</U>. If the Administrator determines on the
Business Day immediately preceding any Distribution Date during the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Rapid Amortization Period that on such Distribution Date there will exist a Series
<FONT STYLE="white-space:nowrap">2019-2</FONT> Lease Principal Payment Deficit, the Administrator shall instruct the Trustee in writing to: </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(i) so long as any Class&nbsp;A Notes, any Class&nbsp;B Notes or any Class&nbsp;C Notes remain outstanding, draw on the
Class&nbsp;A/B/C Letters of Credit, if any, as provided in this clause (i). Upon receipt of a notice by the Trustee from the Administrator in respect of a Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Lease Principal Payment Deficit on or
prior to 3:00 p.m. (New York City time) on the Business Day immediately preceding a Distribution Date, the Trustee shall, </P>
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by 5:00 p.m. (New York City time) on such Business Day draw an amount as set forth in such notice equal to the least of (i)&nbsp;such Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Lease
Principal Payment Deficit, (ii)&nbsp;the Class&nbsp;A/B/C Principal Deficit Amount for such Distribution Date and (iii)&nbsp;the Class&nbsp;A/B/C Letter of Credit Liquidity Amount on the Class&nbsp;A/B/C Letters of Credit by presenting to each
Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Letter of Credit Provider with respect to a Class&nbsp;A/B/C Letter of Credit a draft accompanied by a Certificate of Lease Deficit Demand and shall cause the Lease Deficit Disbursements to be
deposited in the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Distribution Account on such date; <U>provided</U>, <U>however</U>, that if the Class&nbsp;A/B/C Cash Collateral Account has been established and funded, the Trustee shall
withdraw from the Class&nbsp;A/B/C Cash Collateral Account and deposit in the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Distribution Account an amount equal to the lesser of (x)&nbsp;the Class&nbsp;A/B/C Cash Collateral Percentage for
such date of the lesser of the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Lease Principal Payment Deficit and the Class&nbsp;A/B/C Principal Deficit Amount for such Distribution Date and (y)&nbsp;the Class&nbsp;A/B/C Available Cash
Collateral Account Amount on such date and draw an amount equal to the remainder of such amount on the Class&nbsp;A/B/C Letters of Credit. Notwithstanding any of the preceding to the contrary, during the period after the date of the filing by any of
the Lessees of a petition for relief under Chapter 11 of the Bankruptcy Code until the date on which each of the Lessees shall have resumed making all payments of the portion of Monthly Base Rent relating to Loan Interest required to be made under
the AESOP I Operating Lease, the Administrator shall only instruct the Trustee to draw on the Class&nbsp;A/B/C Letters of Credit (or withdraw from the Class&nbsp;A/B/C Cash Collateral Account, if applicable) pursuant to this Section&nbsp;2.5(b)(i),
and if such instruction from the Administrator references this Section&nbsp;2.5(b)(i), the Trustee shall only draw (or withdraw), an amount equal to the lesser of (x)&nbsp;the amount determined as provided in the preceding sentence and (y)&nbsp;the
excess, if any, of (A)&nbsp;the Class&nbsp;A/B/C Liquidity Amount on such date over (B)&nbsp;the Class&nbsp;A/B/C Required Liquidity Amount on such date; </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(ii) if, after giving effect to any payments to be made on such Distribution Date, the Class&nbsp;A Notes, the Class&nbsp;B
Notes and the Class&nbsp;C Notes will have been paid in full, draw on the Class&nbsp;A/B/C Letters of Credit, if any, as provided in this clause (ii). Upon receipt of a notice by the Trustee from the Administrator in respect of a Series <FONT
STYLE="white-space:nowrap">2019-2</FONT> Lease Principal Payment Deficit on or prior to 3:00 p.m. (New York City time) on the Business Day immediately preceding a Distribution Date, the Trustee shall, by 5:00 p.m. (New York City time) on such
Business Day draw an amount as set forth in such notice equal to the least of (x)&nbsp;the excess of (A)&nbsp;such Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Lease Principal Payment Deficit over (B)&nbsp;the amount, if any, to be drawn on
the Class&nbsp;A/B/C Letters of Credit and/or withdrawn from the Class&nbsp;A/B/C Cash Collateral Account on such Distribution Date in accordance with Section&nbsp;2.5(b)(i), (y) the Class&nbsp;D Principal Deficit Amount for such Distribution Date
and (z)&nbsp;the Class&nbsp;A/B/C Letter of Credit Liquidity Amount (after giving effect to any draws the Class&nbsp;A/B/C Letters of Credit and/or withdrawals from the Class&nbsp;A/B/C Cash Collateral Account on such Distribution Date in accordance
with Section&nbsp;2.5(b)(i)) on the Class&nbsp;A/B/C Letters of Credit by presenting to each Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Letter of Credit Provider with respect to a Class&nbsp;A/B/C Letter of Credit a draft accompanied by a
Certificate of Lease Deficit Demand and shall cause the Lease Deficit Disbursements to be deposited in the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Distribution Account on such date; <U>provided</U>, <U>however</U>, that if the
Class&nbsp;A/B/C Cash Collateral Account has been established and funded, the Trustee </P>
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shall withdraw from the Class&nbsp;A/B/C Cash Collateral Account and deposit in the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Distribution Account an amount equal to the lesser of
(x)&nbsp;the Class&nbsp;A/B/C Cash Collateral Percentage for such date of the lesser of (A)&nbsp;the excess of (1)&nbsp;the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Lease Principal Payment Deficit over (2)&nbsp;the amount, if any, to be
drawn on the Class&nbsp;A/B/C Letters of Credit and/or withdrawn from the Class&nbsp;A/B/C Cash Collateral Account on such Distribution Date in accordance with Section&nbsp;2.5(b)(i) and (B)&nbsp;the Class&nbsp;D Principal Deficit Amount for such
Distribution Date and (y)&nbsp;the Class&nbsp;A/B/C Available Cash Collateral Account Amount on such date (after giving effect to any withdrawals from the Class&nbsp;A/B/C Cash Collateral Account on such Distribution Date in accordance with
Section&nbsp;2.5(b)(i)) and draw an amount equal to the remainder of such amount on the Class&nbsp;A/B/C Letters of Credit; </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(iii) if, after giving effect to any payments to be made on such Distribution Date, the Class&nbsp;A Notes, the Class&nbsp;B
Notes and the Class&nbsp;C Notes will have been paid in full, draw on the Class&nbsp;D Letters of Credit, if any, as provided in this clause (iii). Upon receipt of a notice by the Trustee from the Administrator in respect of a Series <FONT
STYLE="white-space:nowrap">2019-2</FONT> Lease Principal Payment Deficit on or prior to 3:00 p.m. (New York City time) on the Business Day immediately preceding a Distribution Date, the Trustee shall, by 5:00 p.m. (New York City time) on such
Business Day draw an amount as set forth in such notice equal to the least of (x)&nbsp;the excess of (A)&nbsp;such Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Lease Principal Payment Deficit over (B)&nbsp;the amount, if any, to be drawn on
the Class&nbsp;A/B/C Letters of Credit and/or withdrawn from the Class&nbsp;A/B/C Cash Collateral Account on such Distribution Date in accordance with Section&nbsp;2.5(b)(i) and/or (ii), (y) the Class&nbsp;D Principal Deficit Amount for such
Distribution Date and (z)&nbsp;the Class&nbsp;D Letter of Credit Liquidity Amount on the Class&nbsp;D Letters of Credit by presenting to each Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Letter of Credit Provider with respect to a
Class&nbsp;D Letter of Credit a draft accompanied by a Certificate of Lease Deficit Demand and shall cause the Lease Deficit Disbursements to be deposited in the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Distribution Account on such
date; <U>provided</U>, <U>however</U>, that if the Class&nbsp;D Cash Collateral Account has been established and funded, the Trustee shall withdraw from the Class&nbsp;D Cash Collateral Account and deposit in the Series <FONT
STYLE="white-space:nowrap">2019-2</FONT> Distribution Account an amount equal to the lesser of (x)&nbsp;the Class&nbsp;D Cash Collateral Percentage for such date of the lesser of (A)&nbsp;the excess of (1)&nbsp;the Series <FONT
STYLE="white-space:nowrap">2019-2</FONT> Lease Principal Payment Deficit over (2)&nbsp;the amount, if any, to be drawn on the Class&nbsp;A/B/C Letters of Credit and/or withdrawn from the Class&nbsp;A/B/C Cash Collateral Account on such Distribution
Date in accordance with Section&nbsp;2.5(b)(i) and/or (ii)&nbsp;and (B) the Class&nbsp;D Principal Deficit Amount for such Distribution Date and (y)&nbsp;the Class&nbsp;D Available Cash Collateral Account Amount on such date and draw an amount equal
to the remainder of such amount on the Class&nbsp;D Letters of Credit. Notwithstanding any of the preceding to the contrary, during the period after the date of the filing by any of the Lessees of a petition for relief under Chapter 11 of the
Bankruptcy Code until the date on which each of the Lessees shall have resumed making all payments of the portion of Monthly Base Rent relating to Loan Interest required to be made under the AESOP I Operating Lease, the Administrator shall only
instruct the Trustee to draw on the Class&nbsp;D Letters of Credit (or withdraw from the Class&nbsp;D Cash Collateral Account, if applicable) pursuant to this Section&nbsp;2.5(b)(iii), and if such instruction from the Administrator references this
Section&nbsp;2.5(b)(iii), the Trustee shall only draw (or withdraw), an amount equal to the lesser of (x)&nbsp;the amount determined as provided in the preceding sentence and (y)&nbsp;the excess, if any, of (A)&nbsp;the Class&nbsp;D Liquidity Amount
on such date over (B)&nbsp;the Class&nbsp;D Required Liquidity Amount on such date. </P>
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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(c) <U>Final Distribution Date</U>. Each of the entire Class&nbsp;A Invested Amount, the
entire Class&nbsp;B Invested Amount, the entire Class&nbsp;C Invested Amount, the entire Class&nbsp;D Invested Amount and the entire Class&nbsp;R Invested Amount shall be due and payable on the Series <FONT STYLE="white-space:nowrap">2019-2</FONT>
Final Distribution Date. In connection therewith: </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:9%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(i) <U>Demand Note Draw</U>. If the amount to be deposited in the Series
<FONT STYLE="white-space:nowrap">2019-2</FONT> Distribution Account in accordance with Section&nbsp;2.5(a) together with any amounts to be deposited therein in accordance with Section&nbsp;2.5(b) on the Series
<FONT STYLE="white-space:nowrap">2019-2</FONT> Final Distribution Date is less than the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Senior Invested Amount and there are any Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Letters of
Credit on such date, then, prior to 10:00 a.m. (New York City time) on the second Business Day prior to the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Final Distribution Date, the Administrator shall instruct the Trustee in writing to
make a demand (a &#147;<U>Demand Notice</U>&#148;) substantially in the form attached hereto as <U>Exhibit I</U> on the Demand Note Issuers for payment under the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Demand Notes in an amount equal
to the lesser of (x)&nbsp;such insufficiency and (y)&nbsp;the sum of the Class&nbsp;A/B/C Letter of Credit Amount and the Class&nbsp;D Letter of Credit Amount. The Trustee shall, prior to 12:00 noon (New York City time) on the second Business Day
preceding such Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Final Distribution Date deliver such Demand Notice to the Demand Note Issuers; <U>provided</U>, <U>however</U>, that if an Event of Bankruptcy (or the occurrence of an event
described in clause (a)&nbsp;of the definition thereof, without the lapse of a period of sixty (60)&nbsp;consecutive days) with respect to a Demand Note Issuer shall have occurred and be continuing, the Trustee shall not be required to deliver such
Demand Notice to such Demand Note Issuer. The Trustee shall cause the proceeds of any demand on the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Demand Notes to be deposited into the Series <FONT STYLE="white-space:nowrap">2019-2</FONT>
Distribution Account. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:9%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(ii) <U>Letter of Credit Draw</U>. In the event that either (x)&nbsp;on or prior to 10:00 a.m. (New
York City time) on the Business Day immediately preceding the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Final Distribution Date a Demand Notice has been transmitted by the Trustee to the Demand Note Issuers pursuant to clause (i)&nbsp;of
this Section&nbsp;2.5(c) and any Demand Note Issuer shall have failed to pay to the Trustee or deposit into the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Distribution Account the amount specified in such Demand Notice in whole or in part
or (y)&nbsp;due to the occurrence of an Event of Bankruptcy (or the occurrence of an event described in clause (a)&nbsp;of the definition thereof, without the lapse of a period of sixty (60)&nbsp;consecutive days) with respect to one or more of the
Demand Note Issuers, the Trustee shall not have delivered such Demand Notice to any Demand Note Issuer on the second Business Day preceding the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Final Distribution Date, then, in the case of
(x)&nbsp;or (y) the Trustee shall: </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:13%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(1) draw on the Class&nbsp;A/B/C Letters of Credit by 12:00 noon (New York City time)
on such Business Day an amount equal to the lesser of (a)&nbsp;the amount that the Demand Note Issuers so failed to pay under the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Demand Notes (or, the amount that the Trustee failed to demand
for payment thereunder) and (b)&nbsp;the Class&nbsp;A/B/C Letter of Credit Amount on such Business Day by presenting to each Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Letter of Credit </P>
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Provider of a Class&nbsp;A/B/C Letter of Credit a draft accompanied by a Certificate of Unpaid Demand Note Demand; <U>provided</U>, <U>however</U>, that if the Class&nbsp;A/B/C Cash Collateral
Account has been established and funded, the Trustee shall withdraw from the Class&nbsp;A/B/C Cash Collateral Account and deposit in the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Distribution Account an amount equal to the lesser of
(x)&nbsp;the Class&nbsp;A/B/C Cash Collateral Percentage on such Business Day of the amount that the Demand Note Issuers so failed to pay under the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Demand Notes (or, the amount that the Trustee
failed to demand for payment thereunder) and (y)&nbsp;the Class&nbsp;A/B/C Available Cash Collateral Account Amount on such Business Day and draw an amount equal to the remainder of the amount that the Demand Note Issuers failed to pay under the
Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Demand Notes (or, the amount that the Trustee failed to demand for payment thereunder) on the Class&nbsp;A/B/C Letters of Credit. The Trustee shall deposit, or cause the deposit of, the proceeds
of any draw on the Class&nbsp;A/B/C Letters of Credit and the proceeds of any withdrawal from the Class&nbsp;A/B/C Cash Collateral Account to be deposited in the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Distribution Account; and </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:13%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(2) draw on the Class&nbsp;D Letters of Credit by 12:00 noon (New York City time) on such Business Day an amount equal to the
lesser of (a)&nbsp;the excess of (x)&nbsp;the amount that the Demand Note Issuers so failed to pay under the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Demand Notes (or, the amount that the Trustee failed to demand for payment thereunder)
over (y)&nbsp;the amount drawn on the Class&nbsp;A/B/C Letters of Credit and/or withdrawn from the Class&nbsp;A/B/C Cash Collateral Account on such Business Day in accordance with Section&nbsp;2.5(c)(ii)(1) and (b)&nbsp;the Class&nbsp;D Letter of
Credit Amount on such Business Day by presenting to each Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Letter of Credit Provider of a Class&nbsp;D Letter of Credit a draft accompanied by a Certificate of Unpaid Demand Note Demand;
<U>provided</U>, <U>however</U>, that if the Class&nbsp;D Cash Collateral Account has been established and funded, the Trustee shall withdraw from the Class&nbsp;D Cash Collateral Account and deposit in the Series
<FONT STYLE="white-space:nowrap">2019-2</FONT> Distribution Account an amount equal to the lesser of (x)&nbsp;the Class&nbsp;D Cash Collateral Percentage on such Business Day of the excess of (A)&nbsp;the amount that the Demand Note Issuers so
failed to pay under the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Demand Notes (or, the amount that the Trustee failed to demand for payment thereunder) over (B)&nbsp;the amount drawn on the Class&nbsp;A/B/C Letters of Credit and/or
withdrawn from the Class&nbsp;A/B/C Cash Collateral Account on such Business Day in accordance with Section&nbsp;2.5(c)(ii)(1) and (y)&nbsp;the Class&nbsp;D Available Cash Collateral Account Amount on such Business Day and draw an amount equal to
the remainder of the excess of (A)&nbsp;the amount that the Demand Note Issuers so failed to pay under the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Demand Notes (or, the amount that the Trustee failed to demand for payment thereunder)
over (B)&nbsp;the amount drawn on the Class&nbsp;A/B/C Letters of Credit and/or withdrawn from the Class&nbsp;A/B/C Cash Collateral Account on such Business Day in accordance with Section&nbsp;2.5(c)(ii)(1) on the Class&nbsp;D Letters of Credit. The
Trustee shall deposit, or cause the deposit of, the </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">49 </P>

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proceeds of any draw on the Class&nbsp;D Letters of Credit and the proceeds of any withdrawal from the Class&nbsp;D Cash Collateral Account to be deposited in the Series <FONT
STYLE="white-space:nowrap">2019-2</FONT> Distribution Account. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:9%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(iii) <U>Reserve Account Withdrawal</U>. If, after giving
effect to the deposit into the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Distribution Account of the amount to be deposited in accordance with Section&nbsp;2.5(a) and the amounts described in clauses (i)&nbsp;and (ii) of this
Section&nbsp;2.5(c), the amount to be deposited in the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Distribution Account with respect to the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Final Distribution Date is or will be less
than the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Senior Invested Amount, then, prior to 12:00 noon (New York City time) on the second Business Day prior to such Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Final Distribution
Date, the Administrator shall instruct the Trustee in writing to withdraw (x)&nbsp;first, from the Class&nbsp;A/B/C Reserve Account, an amount equal to the lesser of the Class&nbsp;A/B/C Available Reserve Account Amount and such remaining
insufficiency and (y)&nbsp;second, from the Class&nbsp;D Reserve Account, an amount equal to the lesser of the Class&nbsp;D Available Reserve Account Amount and such remaining insufficiency (after giving effect to any withdrawal from the
Class&nbsp;A/B/C Reserve Account) and, in each case, deposit it in the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Distribution Account on such Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Final Distribution Date. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(d) <U>Class A/B/C Principal Deficit Amount</U>. On each Distribution Date, other than the Series
<FONT STYLE="white-space:nowrap">2019-2</FONT> Final Distribution Date, on which the Class&nbsp;A/B/C Principal Deficit Amount is greater than zero, amounts shall be transferred to the Series <FONT STYLE="white-space:nowrap">2019-2</FONT>
Distribution Account as follows: </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:9%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(i) <U>Demand Note Draw</U>. If on any Determination Date, the Administrator determines
that the Class&nbsp;A/B/C Principal Deficit Amount with respect to the next succeeding Distribution Date will be greater than zero and there are any Class&nbsp;A/B/C Letters of Credit on such date, prior to 10:00 a.m. (New York City time) on the
second Business Day prior to such Distribution Date, the Administrator shall instruct the Trustee in writing to deliver a Demand Notice to the Demand Note Issuers demanding payment of an amount equal to the lesser of (A)&nbsp;the Class&nbsp;A/B/C
Principal Deficit Amount and (B)&nbsp;the Class&nbsp;A/B/C Letter of Credit Amount. The Trustee shall, prior to 12:00 noon (New York City time) on the second Business Day preceding such Distribution Date, deliver such Demand Notice to the Demand
Note Issuers; <U>provided</U>, <U>however</U>, that if an Event of Bankruptcy (or the occurrence of an event described in clause (a)&nbsp;of the definition thereof, without the lapse of a period of sixty (60)&nbsp;consecutive days) with respect to a
Demand Note Issuer shall have occurred and be continuing, the Trustee shall not be required to deliver such Demand Notice to such Demand Note Issuer. The Trustee shall cause the proceeds of any demand on the Series
<FONT STYLE="white-space:nowrap">2019-2</FONT> Demand Note to be deposited into the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Distribution Account. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:9%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(ii) <U>Class A/B/C Letter of Credit Draw</U>. In the event that either (x)&nbsp;on or prior to 10:00 a.m. (New York City time)
on the Business Day prior to such Distribution Date, any Demand Note Issuer shall have failed to pay to the Trustee or deposit into the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Distribution Account the amount specified in such Demand
Notice delivered pursuant to Section&nbsp;2.5(d)(i) in whole or in part or (y)&nbsp;due to the occurrence of an Event of Bankruptcy (or the occurrence of an event described in clause (a)&nbsp;of the definition thereof,
</P>
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without the lapse of a period of sixty (60)&nbsp;consecutive days) with respect to any Demand Note Issuer, the Trustee shall not have delivered such Demand Notice to any Demand Note Issuer on the
second Business Day preceding such Distribution Date, then, in the case of (x)&nbsp;or (y) the Trustee shall on such Business Day draw on the Class&nbsp;A/B/C Letters of Credit an amount equal to the lesser of (i)&nbsp;Class&nbsp;A/B/C Letter of
Credit Amount and (ii)&nbsp;the aggregate amount that the Demand Note Issuers so failed to pay under the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Demand Notes (or, the amount that the Trustee failed to demand for payment thereunder) by
presenting to each Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Letter of Credit Provider of a Class&nbsp;A/B/C Letter of Credit a draft accompanied by a Certificate of Unpaid Demand Note Demand; <U>provided</U>, <U>however</U>, that if the
Class&nbsp;A/B/C Cash Collateral Account has been established and funded, the Trustee shall withdraw from the Class&nbsp;A/B/C Cash Collateral Account and deposit in the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Distribution Account an
amount equal to the lesser of (x)&nbsp;the Class&nbsp;A/B/C Cash Collateral Percentage on such Business Day of the aggregate amount that the Demand Note Issuers so failed to pay under the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Demand
Notes (or, the amount that the Trustee failed to demand for payment thereunder) and (y)&nbsp;the Class&nbsp;A/B/C Available Cash Collateral Account Amount on such Business Day and draw an amount equal to the remainder of the aggregate amount that
the Demand Note Issuers so failed to pay under the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Demand Notes (or, the amount that the Trustee failed to demand for payment thereunder) on the Class&nbsp;A/B/C Letters of Credit. The Trustee
shall deposit into, or cause the deposit of, the proceeds of any draw on the Class&nbsp;A/B/C Letters of Credit and the proceeds of any withdrawal from the Class&nbsp;A/B/C Cash Collateral Account to be deposited in the Series <FONT
STYLE="white-space:nowrap">2019-2</FONT> Distribution Account. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:9%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(iii) <U>Class A/B/C Reserve Account Withdrawal</U>. If the
Class&nbsp;A/B/C Letter of Credit Amount will be less than the Class&nbsp;A/B/C Principal Deficit Amount on any Distribution Date, then, prior to 12:00 noon (New York City time) on the second Business Day prior to such Distribution Date, the
Administrator shall instruct the Trustee in writing to withdraw from the Class&nbsp;A/B/C Reserve Account, an amount equal to the lesser of (x)&nbsp;the Class&nbsp;A/B/C Available Reserve Account Amount and (y)&nbsp;the amount by which the
Class&nbsp;A/B/C Principal Deficit Amount exceeds the amounts to be deposited in the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Distribution Account in accordance with clauses (i)&nbsp;and (ii) of this Section&nbsp;2.5(d) and deposit it
in the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Distribution Account on such Distribution Date. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(e) <U>Class D Principal
Deficit Amount</U>. On each Distribution Date, other than the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Final Distribution Date, on which the Class&nbsp;A Notes, Class&nbsp;B Notes and Class&nbsp;C Notes will have been paid in full and
the Class&nbsp;D Principal Deficit Amount is greater than zero, amounts shall be transferred to the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Distribution Account as follows: </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:9%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(i) <U>Demand Note Draw</U>. If on the Determination Date with respect to any such Distribution Date, the Administrator
determines that the Class&nbsp;D Principal Deficit Amount with respect to the next succeeding Distribution Date will be greater than zero and there are any Class&nbsp;A/B/C Letters of Credit or Class&nbsp;D Letters of Credit on such date, prior to
10:00 a.m. (New York City time) on the second Business Day prior to such Distribution Date, the Administrator shall instruct the Trustee in writing to deliver a Demand Notice to the Demand Note Issuers demanding payment of an amount equal to the
lesser of (A)&nbsp;the Class&nbsp;D Principal Deficit Amount and (B)&nbsp;the sum of (x)&nbsp;the Class&nbsp;A/B/C Letter of Credit Amount and (y)&nbsp;the Class&nbsp;D Letter of Credit Amount. The Trustee shall, prior to 12:00
</P>
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noon (New York City time) on the second Business Day preceding such Distribution Date, deliver such Demand Notice to the Demand Note Issuers; <U>provided</U>, <U>however</U>, that if an Event of
Bankruptcy (or the occurrence of an event described in clause (a)&nbsp;of the definition thereof, without the lapse of a period of 60 consecutive days) with respect to a Demand Note Issuer shall have occurred and be continuing, the Trustee shall not
be required to deliver such Demand Notice to such Demand Note Issuer. The Trustee shall cause the proceeds of any demand on the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Demand Note to be deposited into the Series <FONT
STYLE="white-space:nowrap">2019-2</FONT> Distribution Account. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:9%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(ii) <U>Class A/B/C Letter of Credit Draw</U>. In the event
that either (x)&nbsp;on or prior to 10:00 a.m. (New York City time) on the Business Day prior to such Distribution Date, any Demand Note Issuer shall have failed to pay to the Trustee or deposit into the Series
<FONT STYLE="white-space:nowrap">2019-2</FONT> Distribution Account the amount specified in such Demand Notice delivered pursuant to Section&nbsp;2.5(e)(i) in whole or in part or (y)&nbsp;due to the occurrence of an Event of Bankruptcy (or the
occurrence of an event described in clause (a)&nbsp;of the definition thereof, without the lapse of a period of 60 consecutive days) with respect to any Demand Note Issuer, the Trustee shall not have delivered such Demand Notice to any Demand Note
Issuer on the second Business Day preceding such Distribution Date, then, in the case of (x)&nbsp;or (y) the Trustee shall on such Business Day draw on the Class&nbsp;A/B/C Letters of Credit, if any, an amount equal to the lesser of (i)&nbsp;Class
A/B/C Letter of Credit Amount and (ii)&nbsp;the aggregate amount that the Demand Note Issuers so failed to pay under the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Demand Notes (or, the amount that the Trustee failed to demand for payment
thereunder) by presenting to each Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Letter of Credit Provider of a Class&nbsp;A/B/C Letter of Credit a draft accompanied by a Certificate of Unpaid Demand Note Demand; <U>provided</U>,
<U>however</U>, that if the Class&nbsp;A/B/C Cash Collateral Account has been established and funded, the Trustee shall withdraw from the Class&nbsp;A/B/C Cash Collateral Account and deposit in the Series
<FONT STYLE="white-space:nowrap">2019-2</FONT> Distribution Account an amount equal to the lesser of (x)&nbsp;the Class&nbsp;A/B/C Cash Collateral Percentage on such Business Day of the aggregate amount that the Demand Note Issuers so failed to pay
under the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Demand Notes (or, the amount that the Trustee failed to demand for payment thereunder) and (y)&nbsp;the Class&nbsp;A/B/C Available Cash Collateral Account Amount on such Business Day
and draw an amount equal to the remainder of the aggregate amount that the Demand Note Issuers so failed to pay under the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Demand Notes (or, the amount that the Trustee failed to demand for
payment thereunder) on the Class&nbsp;A/B/C Letters of Credit. The Trustee shall deposit into, or cause the deposit of, the proceeds of any draw on the Class&nbsp;A/B/C Letters of Credit and the proceeds of any withdrawal from the Class&nbsp;A/B/C
Cash Collateral Account to be deposited in the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Distribution Account. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:9%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(iii) <U>Class A/B/C Reserve Account Withdrawal</U>. If the amounts to be deposited in the Series <FONT
STYLE="white-space:nowrap">2019-2</FONT> Distribution Account in accordance with Section&nbsp;2.5(c)(i) and (ii)&nbsp;will be less than the Class&nbsp;D Principal Deficit Amount on any Distribution Date, then, prior to 12:00 noon (New York City
time) on the second Business Day prior to such Distribution Date, the Administrator shall instruct the Trustee in writing to withdraw from the Class&nbsp;A/B/C Reserve Account, an amount equal to the lesser of (x)&nbsp;the Class&nbsp;A/B/C Available
Reserve Account Amount and (y)&nbsp;the amount by which the Class&nbsp;D Principal Deficit Amount exceeds the amounts to be deposited in the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Distribution Account in accordance with clauses
(i)&nbsp;and (ii) of this Section&nbsp;2.5(e) and deposit it in the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Distribution Account on such Distribution Date. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">52 </P>

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 <P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:9%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(iv) <U>Class D Letter of Credit Draw</U>. In the event that either
(x)&nbsp;on or prior to 10:00 a.m. (New York City time) on the Business Day prior to such Distribution Date, any Demand Note Issuer shall have failed to pay to the Trustee or deposit into the Series <FONT STYLE="white-space:nowrap">2019-2</FONT>
Distribution Account the amount specified in such Demand Notice in whole or in part or (y)&nbsp;due to the occurrence of an Event of Bankruptcy (or the occurrence of an event described in clause (a)&nbsp;of the definition thereof, without the lapse
of a period of 60 consecutive days) with respect to any Demand Note Issuer, the Trustee shall not have delivered such Demand Notice to any Demand Note Issuer on the second Business Day preceding such Distribution Date, then, in the case of
(x)&nbsp;or (y) the Trustee shall on such Business Day draw on the Class&nbsp;D Letters of Credit, if any, an amount equal to the lesser of (i)&nbsp;Class D Letter of Credit Amount and (ii)&nbsp;the excess of (A)&nbsp;the aggregate amount that the
Demand Note Issuers so failed to pay under the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Demand Notes (or, the amount that the Trustee failed to demand for payment thereunder) over (B)&nbsp;the amount deposited into the Series <FONT
STYLE="white-space:nowrap">2019-2</FONT> Distribution Account in accordance with Section&nbsp;2.5(e)(ii) and (iii)&nbsp;above, by presenting to each Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Letter of Credit Provider of a Class&nbsp;D
Letter of Credit a draft accompanied by a Certificate of Unpaid Demand Note Demand; <U>provided</U>, <U>however</U>, that if the Class&nbsp;D Cash Collateral Account has been established and funded, the Trustee shall withdraw from the Class&nbsp;D
Cash Collateral Account and deposit in the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Distribution Account an amount equal to the lesser of (x)&nbsp;the Class&nbsp;D Cash Collateral Percentage on such Business Day of the excess of
(A)&nbsp;the aggregate amount that the Demand Note Issuers so failed to pay under the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Demand Notes (or, the amount that the Trustee failed to demand for payment thereunder) over (B)&nbsp;the
amount deposited into the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Distribution Account in accordance with Section&nbsp;2.5(e)(ii) and (iii)&nbsp;above and (y)&nbsp;the Class&nbsp;D Available Cash Collateral Account Amount on such
Business Day and draw an amount equal to the remainder of such excess on the Class&nbsp;D Letters of Credit. The Trustee shall deposit into, or cause the deposit of, the proceeds of any draw on the Class&nbsp;D Letters of Credit and the proceeds of
any withdrawal from the Class&nbsp;D Cash Collateral Account to be deposited in the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Distribution Account. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:9%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(v) <U>Class D Reserve Account Withdrawal</U>. If the amounts to be deposited in the Series
<FONT STYLE="white-space:nowrap">2019-2</FONT> Distribution Account in accordance with Section&nbsp;2.5(e)(i) through (iv)&nbsp;will be less than the Class&nbsp;D Principal Deficit Amount on any Distribution Date, then, prior to 12:00 noon (New York
City time) on the second Business Day prior to such Distribution Date, the Administrator shall instruct the Trustee in writing to withdraw from the Class&nbsp;D Reserve Account, an amount equal to the lesser of (x)&nbsp;the Class&nbsp;D Available
Reserve Account Amount and (y)&nbsp;the amount by which the Class&nbsp;D Principal Deficit Amount exceeds the amounts to be deposited in the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Distribution Account in accordance with clauses
(i)&nbsp;through (iv) of this Section&nbsp;2.5(e) and deposit it in the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Distribution Account on such Distribution Date. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(f) <U>Distributions</U>. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">53 </P>

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 <P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:9%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(i) <U>Class A Notes</U>. On each Distribution Date occurring on or after
the date a withdrawal is made from the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Collection Account pursuant to Section&nbsp;2.5(a) or amounts are deposited in the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Distribution
Account pursuant to Section&nbsp;2.5(b), (c) or (d)&nbsp;the Paying Agent shall, in accordance with Section&nbsp;6.1 of the Base Indenture, pay <U>pro</U> <U>rata</U> to each Class&nbsp;A Noteholder from the Series
<FONT STYLE="white-space:nowrap">2019-2</FONT> Distribution Account the amount deposited therein pursuant to Section&nbsp;2.5(a), (b), (c) or (d), to the extent necessary to pay the Class&nbsp;A Controlled Distribution Amount during the Series <FONT
STYLE="white-space:nowrap">2019-2</FONT> Controlled Amortization Period or to the extent necessary to pay the Class&nbsp;A Invested Amount during the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Rapid Amortization Period. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:9%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(ii) <U>Class B Notes</U>. On each Distribution Date occurring on or after the date a withdrawal is made from the Series <FONT
STYLE="white-space:nowrap">2019-2</FONT> Collection Account pursuant to Section&nbsp;2.5(a) or amounts are deposited in the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Distribution Account pursuant to Section&nbsp;2.5(b), (c) or
(d)&nbsp;the Paying Agent shall, in accordance with Section&nbsp;6.1 of the Base Indenture, pay <U>pro</U> <U>rata</U> to each Class&nbsp;B Noteholder from the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Distribution Account the amount
deposited therein pursuant to Section&nbsp;2.5(a), (b), (c) or (d)&nbsp;less the aggregate amount applied to make the payments required pursuant to Section&nbsp;2.5(f)(i), to the extent necessary to pay the Class&nbsp;B Controlled Distribution
Amount during the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Controlled Amortization Period or to the extent necessary to pay the Class&nbsp;B Invested Amount during the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Rapid
Amortization Period. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:9%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(iii) <U>Class C Notes</U>. On each Distribution Date occurring on or after the date a withdrawal is
made from the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Collection Account pursuant to Section&nbsp;2.5(a) or amounts are deposited in the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Distribution Account pursuant to
Section&nbsp;2.5(b), (c) or (d)&nbsp;the Paying Agent shall, in accordance with Section&nbsp;6.1 of the Base Indenture, pay <U>pro</U> <U>rata</U> to each Class&nbsp;C Noteholder from the Series <FONT STYLE="white-space:nowrap">2019-2</FONT>
Distribution Account the amount deposited therein pursuant to Section&nbsp;2.5(a), (b), (c) or (d)&nbsp;less the aggregate amount applied to make the payments required pursuant to Section&nbsp;2.5(f)(i) and Section&nbsp;2.5(f)(ii), to the extent
necessary to pay the Class&nbsp;C Controlled Distribution Amount during the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Controlled Amortization Period or to the extent necessary to pay the Class&nbsp;C Invested Amount during the Series <FONT
STYLE="white-space:nowrap">2019-2</FONT> Rapid Amortization Period. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:9%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(iv) <U>Class D Notes</U>. On each Distribution Date
occurring on or after the date a withdrawal is made from the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Collection Account pursuant to Section&nbsp;2.5(a) or amounts are deposited in the Series
<FONT STYLE="white-space:nowrap">2019-2</FONT> Distribution Account pursuant to Section&nbsp;2.5(b), (c), (d) or (e)&nbsp;the Paying Agent shall, in accordance with Section&nbsp;6.1 of the Base Indenture, pay <U>pro</U> <U>rata</U> to each
Class&nbsp;D Noteholder from the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Distribution Account the amount deposited therein pursuant to Section&nbsp;2.5(a), (b), (c), (d) or (e)&nbsp;less the aggregate amount applied to make the
payments required pursuant to Section&nbsp;2.5(f)(i), Section&nbsp;2.5(f)(ii) and Section&nbsp;2.5(f)(iii), to the extent necessary to pay the Class&nbsp;D Controlled Distribution Amount during the Series
<FONT STYLE="white-space:nowrap">2019-2</FONT> Controlled Amortization Period or to the extent necessary to pay the Class&nbsp;D Invested Amount during the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Rapid Amortization Period. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:9%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(v) <U>Class R Notes</U>. On each Distribution Date occurring on or after the date a withdrawal is made from the Series <FONT
STYLE="white-space:nowrap">2019-2</FONT> Collection Account pursuant to Section 2.5(a) </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">54 </P>

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the Paying Agent shall, in accordance with Section&nbsp;6.1 of the Base Indenture, pay <U>pro</U> <U>rata</U> to each Class&nbsp;R Noteholder from the Series
<FONT STYLE="white-space:nowrap">2019-2</FONT> Distribution Account the amount deposited therein pursuant to Section&nbsp;2.5(a) less the aggregate amount applied to make the payments required pursuant to Section&nbsp;2.5(f)(i),
Section&nbsp;2.5(f)(ii), Section&nbsp;2.5(f)(iii) and Section&nbsp;2.5(f)(iv), to the extent necessary to pay the Class&nbsp;R Controlled Amortization Amount during the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Controlled Amortization
Period or to the extent necessary to pay the Class&nbsp;R Invested Amount during the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Rapid Amortization Period. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;2.6. <U>Administrator</U><U>&#146;</U><U>s Failure to Instruct the Trustee to Make a Deposit or Payment</U>. If the Administrator
fails to give notice or instructions to make any payment from or deposit into the Collection Account required to be given by the Administrator, at the time specified in the Administration Agreement or any other Related Document (including applicable
grace periods), the Trustee shall make such payment or deposit into or from the Collection Account without such notice or instruction from the Administrator; <U>provided</U>, <U>however</U>, that the Administrator, upon request of the Trustee,
promptly provides the Trustee with all information necessary to allow the Trustee to make such a payment or deposit. When any payment or deposit hereunder or under any other Related Document is required to be made by the Trustee or the Paying Agent
at or prior to a specified time, the Administrator shall deliver any applicable written instructions with respect thereto reasonably in advance of such specified time. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;2.7. <U>Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Reserve Account</U><U>s</U>. (a)<U>&nbsp;Establishment of
Class</U><U></U><U>&nbsp;A/B/C Reserve Account</U>. ABRCF has established and shall maintain in the name of the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Agent for the benefit of the Class&nbsp;A Noteholders, the Class&nbsp;B
Noteholders, the Class&nbsp;C Noteholders and the Class&nbsp;D Noteholders, or cause to be established and maintained, an account (the &#147;<U>Class</U><U></U><U>&nbsp;A/B/C Reserve Account</U>&#148;), bearing a designation clearly indicating that
the funds deposited therein are held for the benefit of the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Noteholders. The Class&nbsp;A/B/C Reserve Account shall be maintained (i)&nbsp;with a Qualified Institution, or (ii)&nbsp;as a
segregated trust account with the corporate trust department of a depository institution or trust company having corporate trust powers and acting as trustee for funds deposited in the Class&nbsp;A/B/C Reserve Account; <U>provided</U>,
<U>however</U>, that, if at any time such Qualified Institution is no longer a Qualified Institution or the credit rating of any securities issued by such depositary institution or trust company shall be reduced to below &#147;BBB (low)&#148; by
DBRS, &#147;Baa3&#148; by Moody&#146;s or <FONT STYLE="white-space:nowrap">&#147;BBB-&#148;</FONT> by Fitch, then ABRCF shall, within thirty (30)&nbsp;days of such reduction, establish a new Class&nbsp;A/B/C Reserve Account with a new Qualified
Institution. If the Class&nbsp;A/B/C Reserve Account is not maintained in accordance with the previous sentence, ABRCF shall establish a new Class&nbsp;A/B/C Reserve Account, within ten (10)&nbsp;Business Days after obtaining knowledge of such fact,
which complies with such sentence, and shall instruct the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Agent in writing to transfer all cash and investments from the <FONT STYLE="white-space:nowrap">non-qualifying</FONT> Class&nbsp;A/B/C
Reserve Account into the new Class&nbsp;A/B/C Reserve Account. The Class&nbsp;A/B/C Reserve Account has initially been established with The Bank of New York Mellon Trust Company, N.A. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(b) <U>Administration of the Class</U><U></U><U>&nbsp;A/B/C Reserve Account</U>. The Administrator may instruct the institution maintaining
the Class&nbsp;A/B/C Reserve Account to invest funds on deposit in the Class&nbsp;A/B/C Reserve Account from time to time in Permitted Investments; <U>provided</U>, <U>however</U>, that any such investment shall mature not later than the Business
Day prior to the Distribution Date following the date on which such funds were received, unless any Permitted </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">55 </P>

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Investment held in the Class&nbsp;A/B/C Reserve Account is held with the Paying Agent, then such investment may mature on such Distribution Date and such funds shall be available for withdrawal
on or prior to such Distribution Date; <U>provided</U>, <U>further</U>, that in the case of Permitted Investments held in the Class&nbsp;A/B/C Reserve Account and so long as any Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Note is rated by
Fitch (x)&nbsp;any Permitted Investment set forth in clauses (ii), (iii), (vi) and (vii)&nbsp;of the definition thereof will have a rating of <FONT STYLE="white-space:nowrap">&#147;AA-&#148;</FONT> or &#147;F1+&#148; by Fitch and (y)&nbsp;any
Permitted Investment set forth in clause (v)&nbsp;of the definition thereof will either have a rating of &#147;AAAmmf&#148; by Fitch or, if such fund is not rated by Fitch, the then highest rating from two nationally recognized investment rating
agencies (other than Fitch). All such Permitted Investments will be credited to the Class&nbsp;A/B/C Reserve Account and any such Permitted Investments that constitute (i)&nbsp;physical property (and that is not either a United States security
entitlement or a security entitlement) shall be physically delivered to the Trustee; (ii)&nbsp;United States security entitlements or security entitlements shall be controlled (as defined in <FONT STYLE="white-space:nowrap">Section&nbsp;8-106</FONT>
of the New&nbsp;York UCC) by the Trustee pending maturity or disposition, and (iii)&nbsp;uncertificated securities (and not United States security entitlements) shall be delivered to the Trustee by causing the Trustee to become the registered holder
of such securities. The Trustee shall, at the expense of ABRCF, take such action as is required to maintain the Trustee&#146;s security interest in the Permitted Investments credited to the Class&nbsp;A/B/C Reserve Account. ABRCF shall not direct
the Trustee to dispose of (or permit the disposal of) any Permitted Investment prior to the maturity thereof to the extent such disposal would result in a loss of the purchase price of such Permitted Investment. In the absence of written investment
instructions hereunder, funds on deposit in the Class&nbsp;A/B/C Reserve Account shall remain uninvested. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(c) <U>Earnings from
Class</U><U></U><U>&nbsp;A/B/C Reserve Account</U>. All interest and earnings (net of losses and investment expenses) paid on funds on deposit in the Class&nbsp;A/B/C Reserve Account shall be deemed to be on deposit therein and available for
distribution. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(d) <U>Class A/B/C Reserve Account Constitutes Additional Collateral for Series
<FONT STYLE="white-space:nowrap">2019-2</FONT> Senior Notes</U>. In order to secure and provide for the repayment and payment of the ABRCF Obligations with respect to the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Senior Notes, ABRCF
hereby grants a security interest in and assigns, pledges, grants, transfers and sets over to the Trustee, for the benefit of the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Noteholders, all of ABRCF&#146;s right, title and interest in and
to the following (whether now or hereafter existing or acquired): (i) the Class&nbsp;A/B/C Reserve Account, including any security entitlement thereto; (ii)&nbsp;all funds on deposit therein from time to time; (iii)&nbsp;all certificates and
instruments, if any, representing or evidencing any or all of the Class&nbsp;A/B/C Reserve Account or the funds on deposit therein from time to time; (iv)&nbsp;all investments made at any time and from time to time with monies in the
Class&nbsp;A/B/C Reserve Account, whether constituting securities, instruments, general intangibles, investment property, financial assets or other property; (v)&nbsp;all interest, dividends, cash, instruments and other property from time to time
received, receivable or otherwise distributed in respect of or in exchange for the Class&nbsp;A/B/C Reserve Account, the funds on deposit therein from time to time or the investments made with such funds; and (vi)&nbsp;all proceeds of any and all of
the foregoing, including, without limitation, cash (the items in the foregoing clauses (i)&nbsp;through (vi)&nbsp;are referred to, collectively, as the &#147;<U>Class</U><U></U><U>&nbsp;A/B/C Reserve Account Collateral</U>&#148;). The Trustee shall
possess all right, title and interest in and to all funds on deposit from time to time in the Class&nbsp;A/B/C Reserve Account and in all proceeds thereof, and shall be the only person authorized to originate entitlement orders in respect of the
Class&nbsp;A/B/C Reserve Account. The Class&nbsp;A/B/C Reserve Account Collateral shall be under the sole dominion and </P>
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control of the Trustee for the benefit of the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Noteholders. The Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Agent hereby agrees
(i)&nbsp;to act as the securities intermediary (as defined in <FONT STYLE="white-space:nowrap">Section&nbsp;8-102(a)(14)</FONT> of the New&nbsp;York UCC) with respect to the Class&nbsp;A/B/C Reserve Account; (ii)&nbsp;that its jurisdiction as
securities intermediary is New&nbsp;York; (iii)&nbsp;that each item of property (whether investment property, financial asset, security, instrument or cash) credited to the Class&nbsp;A/B/C Reserve Account shall be treated as a financial asset (as
defined in <FONT STYLE="white-space:nowrap">Section&nbsp;8-102(a)(9)</FONT> of the New&nbsp;York UCC) and (iv)&nbsp;to comply with any entitlement order (as defined in <FONT STYLE="white-space:nowrap">Section&nbsp;8-102(a)(8)</FONT> of the
New&nbsp;York UCC) issued by the Trustee. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(e) <U>Class A/B/C Reserve Account Surplus</U>. In the event that the Class&nbsp;A/B/C Reserve
Account Surplus on any Distribution Date, after giving effect to all withdrawals from the Class&nbsp;A/B/C Reserve Account, is greater than zero, if no Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Enhancement Deficiency or AESOP I Operating
Lease Vehicle Deficiency would result therefrom or exist thereafter, the Trustee, acting in accordance with the written instructions of the Administrator pursuant to the Administration Agreement, shall withdraw from the Class&nbsp;A/B/C Reserve
Account an amount equal to the Class&nbsp;A/B/C Reserve Account Surplus and shall (i)&nbsp;transfer an amount equal to the excess, if any, of the Class&nbsp;D Required Liquidity Amount as of such date over the Class&nbsp;D Liquidity Amount as of
such date to the Class&nbsp;D Reserve Account and (ii)&nbsp;pay any remaining Class&nbsp;A/B/C Reserve Account Surplus to ABRCF. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(f)
<U>Termination of Class</U><U></U><U>&nbsp;A/B/C Reserve Account</U>. Upon the termination of the Indenture pursuant to Section&nbsp;11.1 of the Base Indenture, the Trustee, acting in accordance with the written instructions of the Administrator,
after the prior payment of all amounts owing to the Holders of the Class&nbsp;A Notes, Class&nbsp;B Notes or Class&nbsp;C Notes and payable from the Class&nbsp;A/B/C Reserve Account as provided herein, shall withdraw from the Class&nbsp;A/B/C
Reserve Account all amounts on deposit therein for payment to ABRCF. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(g) <U>Establishment of Class</U><U></U><U>&nbsp;D Reserve
Account</U>. ABRCF shall establish and maintain in the name of the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Agent for the benefit of the Class&nbsp;D Noteholders, or cause to be established and maintained, an account (the
&#147;<U>Class</U><U></U><U>&nbsp;D Reserve Account</U>&#148;), bearing a designation clearly indicating that the funds deposited therein are held for the benefit of the Class&nbsp;D Noteholders. The Class&nbsp;D Reserve Account shall be maintained
(i)&nbsp;with a Qualified Institution, or (ii)&nbsp;as a segregated trust account with the corporate trust department of a depository institution or trust company having corporate trust powers and acting as trustee for funds deposited in the
Class&nbsp;D Reserve Account; <U>provided</U> that, if at any time such Qualified Institution is no longer a Qualified Institution or the credit rating of any securities issued by such depositary institution or trust company shall be reduced to
below &#147;BBB (low)&#148; by DBRS or &#147;Baa3&#148; by Moody&#146;s, then ABRCF shall, within thirty (30)&nbsp;days of such reduction, establish a new Class&nbsp;D Reserve Account with a new Qualified Institution. If the Class&nbsp;D Reserve
Account is not maintained in accordance with the previous sentence, ABRCF shall establish a new Class&nbsp;D Reserve Account, within ten (10)&nbsp;Business Days after obtaining knowledge of such fact, which complies with such sentence, and shall
instruct the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Agent in writing to transfer all cash and investments from the <FONT STYLE="white-space:nowrap">non-qualifying</FONT> Class&nbsp;D Reserve Account into the new Class&nbsp;D Reserve
Account. Initially, the Class&nbsp;D Reserve Account will be established with The Bank of New York Mellon Trust Company, N.A. </P>
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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(h) <U>Administration of the Class</U><U></U><U>&nbsp;D Reserve Account</U>. The
Administrator may instruct the institution maintaining the Class&nbsp;D Reserve Account to invest funds on deposit in the Class&nbsp;D Reserve Account from time to time in Permitted Investments; <U>provided</U>, <U>however</U>, that any such
investment shall mature not later than the Business Day prior to the Distribution Date following the date on which such funds were received, unless any Permitted Investment held in the Class&nbsp;D Reserve Account is held with the Paying Agent, then
such investment may mature on such Distribution Date and such funds shall be available for withdrawal on or prior to such Distribution Date. All such Permitted Investments will be credited to the Class&nbsp;D Reserve Account and any such Permitted
Investments that constitute (i)&nbsp;physical property (and that is not either a United States security entitlement or a security entitlement) shall be physically delivered to the Trustee; (ii)&nbsp;United States security entitlements or security
entitlements shall be controlled (as defined in <FONT STYLE="white-space:nowrap">Section&nbsp;8-106</FONT> of the New&nbsp;York UCC) by the Trustee pending maturity or disposition, and (iii)&nbsp;uncertificated securities (and not United States
security entitlements) shall be delivered to the Trustee by causing the Trustee to become the registered holder of such securities. The Trustee shall, at the expense of ABRCF, take such action as is required to maintain the Trustee&#146;s security
interest in the Permitted Investments credited to the Class&nbsp;D Reserve Account. ABRCF shall not direct the Trustee to dispose of (or permit the disposal of) any Permitted Investments prior to the maturity thereof to the extent such disposal
would result in a loss of the purchase price of such Permitted Investments. In the absence of written investment instructions hereunder, funds on deposit in the Class&nbsp;D Reserve Account shall remain uninvested. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(i) <U>Earnings from Class</U><U></U><U>&nbsp;D Reserve Account</U>. All interest and earnings (net of losses and investment expenses) paid on
funds on deposit in the Class&nbsp;D Reserve Account shall be deemed to be on deposit therein and available for distribution. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(j)
<U>Class D Reserve Account Constitutes Additional Collateral for Class</U><U></U><U>&nbsp;D Notes</U>. In order to secure and provide for the repayment and payment of the ABRCF Obligations with respect to the Class&nbsp;D Notes, ABRCF hereby grants
a security interest in and assigns, pledges, grants, transfers and sets over to the Trustee, for the benefit of the Class&nbsp;D Noteholders, all of ABRCF&#146;s right, title and interest in and to the following (whether now or hereafter existing or
acquired): (i) the Class&nbsp;D Reserve Account, including any security entitlement thereto; (ii)&nbsp;all funds on deposit therein from time to time; (iii)&nbsp;all certificates and instruments, if any, representing or evidencing any or all of the
Class&nbsp;D Reserve Account or the funds on deposit therein from time to time; (iv)&nbsp;all investments made at any time and from time to time with monies in the Class&nbsp;D Reserve Account, whether constituting securities, instruments, general
intangibles, investment property, financial assets or other property; (v)&nbsp;all interest, dividends, cash, instruments and other property from time to time received, receivable or otherwise distributed in respect of or in exchange for the
Class&nbsp;D Reserve Account, the funds on deposit therein from time to time or the investments made with such funds; and (vi)&nbsp;all proceeds of any and all of the foregoing, including, without limitation, cash (the items in the foregoing clauses
(i)&nbsp;through (vi)&nbsp;are referred to, collectively, as the &#147;<U>Class</U><U></U><U>&nbsp;D Reserve Account Collateral</U>&#148;). The Trustee shall possess all right, title and interest in and to all funds on deposit from time to time in
the Class&nbsp;D Reserve Account and in all proceeds thereof, and shall be the only person authorized to originate entitlement orders in respect of the Class&nbsp;D Reserve Account. The Class&nbsp;D Reserve Account Collateral shall be under the sole
dominion and control of the Trustee for the benefit of the Class&nbsp;D Noteholders. The Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Agent hereby agrees (i)&nbsp;to act as the securities intermediary (as defined in <FONT
STYLE="white-space:nowrap">Section&nbsp;8-102(a)(14)</FONT> of the New&nbsp;York UCC) with respect to the Class&nbsp;D Reserve Account; (ii)&nbsp;that its </P>
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jurisdiction as securities intermediary is New&nbsp;York; (iii)&nbsp;that each item of property (whether investment property, financial asset, security, instrument or cash) credited to the
Class&nbsp;D Reserve Account shall be treated as a financial asset (as defined in <FONT STYLE="white-space:nowrap">Section&nbsp;8-102(a)(9)</FONT> of the New&nbsp;York UCC) and (iv)&nbsp;to comply with any entitlement order (as defined in <FONT
STYLE="white-space:nowrap">Section&nbsp;8-102(a)(8)</FONT> of the New&nbsp;York UCC) issued by the Trustee. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(k) <U>Class D Reserve
Account Surplus</U>. In the event that the Class&nbsp;D Reserve Account Surplus on any Distribution Date, after giving effect to all withdrawals from the Class&nbsp;D Reserve Account, is greater than zero, if no Series
<FONT STYLE="white-space:nowrap">2019-2</FONT> Enhancement Deficiency or AESOP I Operating Lease Vehicle Deficiency would result therefrom or exist thereafter, the Trustee, acting in accordance with the written instructions of the Administrator
pursuant to the Administration Agreement, shall withdraw from the Class&nbsp;D Reserve Account an amount equal to the Class&nbsp;D Reserve Account Surplus and shall pay such amount to ABRCF. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(l) <U>Termination of Class</U><U></U><U>&nbsp;D Reserve Account</U>. Upon the termination of the Indenture pursuant to Section&nbsp;11.1 of
the Base Indenture, the Trustee, acting in accordance with the written instructions of the Administrator, after the prior payment of all amounts owing to the Class&nbsp;D Noteholders and payable from the Class&nbsp;D Reserve Account as provided
herein, shall withdraw from the Class&nbsp;D Reserve Account all amounts on deposit therein for payment to ABRCF. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;2.8.
<U>Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Letters of Credit and <FONT STYLE="white-space:nowrap">2019-2</FONT> Cash Collateral Accounts</U>. (a)<U>&nbsp;Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Letters of Credit and
Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Cash Collateral Account Constitute Additional Collateral for Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Senior Notes</U>. In order to secure and provide for the repayment and payment
of the ABRCF Obligations with respect to the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Senior Notes, ABRCF hereby grants a security interest in and assigns, pledges, grants, transfers and sets over to the Trustee, for the benefit of the
Class&nbsp;A Noteholders, the Class&nbsp;B Noteholders and the Class&nbsp;C Noteholders, all of ABRCF&#146;s right, title and interest in and to the following (whether now or hereafter existing or acquired): (i)&nbsp;each Class&nbsp;A/B/C Letter of
Credit; (ii)&nbsp;the Class&nbsp;A/B/C Cash Collateral Account, including any security entitlement thereto; (iii)&nbsp;all funds on deposit in the Class&nbsp;A/B/C Cash Collateral Account from time to time; (iv)&nbsp;all certificates and
instruments, if any, representing or evidencing any or all of the Class&nbsp;A/B/C Cash Collateral Account or the funds on deposit therein from time to time; (v)&nbsp;all investments made at any time and from time to time with monies in the
Class&nbsp;A/B/C Cash Collateral Account, whether constituting securities, instruments, general intangibles, investment property, financial assets or other property; (vi)&nbsp;all interest, dividends, cash, instruments and other property from time
to time received, receivable or otherwise distributed in respect of or in exchange for the Class&nbsp;A/B/C Cash Collateral Account, the funds on deposit therein from time to time or the investments made with such funds; and (vii)&nbsp;all proceeds
of any and all of the foregoing, including, without limitation, cash (the items in the foregoing clauses (ii)&nbsp;through (vii)&nbsp;are referred to, collectively, as the &#147;<U>Class</U><U></U><U>&nbsp;A/B/C Cash Collateral Account
Collateral</U>&#148;). The Trustee shall, for the benefit of the Class&nbsp;A Noteholders, the Class&nbsp;B Noteholders and the Class&nbsp;C Noteholders, possess all right, title and interest in all funds on deposit from time to time in the
Class&nbsp;A/B/C Cash Collateral Account and in all proceeds thereof, and shall be the only person authorized to originate entitlement orders in respect of the Class&nbsp;A/B/C Cash Collateral Account. The Class&nbsp;A/B/C Cash Collateral Account
shall be under the sole dominion and control of the Trustee for the benefit of the Class&nbsp;A Noteholders, the Class&nbsp;B Noteholders and the Class&nbsp;C Noteholders. The Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Agent hereby agrees
(i)&nbsp;to act as the securities </P>
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intermediary (as defined in <FONT STYLE="white-space:nowrap">Section&nbsp;8-102(a)(14)</FONT> of the New&nbsp;York UCC) with respect to the Class&nbsp;A/B/C Cash Collateral Account;
(ii)&nbsp;that its jurisdiction as a securities intermediary is New York, (iii)&nbsp;that each item of property (whether investment property, financial asset, security, instrument or cash) credited to the Class&nbsp;A/B/C Cash Collateral Account
shall be treated as a financial asset (as defined in <FONT STYLE="white-space:nowrap">Section&nbsp;8-102(a)(9)</FONT> of the New&nbsp;York UCC) and (iv)&nbsp;to comply with any entitlement order (as defined in
<FONT STYLE="white-space:nowrap">Section&nbsp;8-102(a)(8)</FONT> of the New&nbsp;York UCC) issued by the Trustee. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(b) <U>Class D Letters
of Credit and Class</U><U></U><U>&nbsp;D Cash Collateral Account Constitute Additional Collateral for Class</U><U></U><U>&nbsp;D Notes</U>. In order to secure and provide for the repayment and payment of the ABRCF Obligations with respect to the
Class&nbsp;D Notes, ABRCF hereby grants a security interest in and assigns, pledges, grants, transfers and sets over to the Trustee, for the benefit of the Class&nbsp;D Noteholders, all of ABRCF&#146;s right, title and interest in and to the
following (whether now or hereafter existing or acquired): (i)&nbsp;each Class&nbsp;D Letter of Credit; (ii)&nbsp;the Class&nbsp;D Cash Collateral Account, including any security entitlement thereto; (iii)&nbsp;all funds on deposit in the
Class&nbsp;D Cash Collateral Account from time to time; (iv)&nbsp;all certificates and instruments, if any, representing or evidencing any or all of the Class&nbsp;D Cash Collateral Account or the funds on deposit therein from time to time;
(v)&nbsp;all investments made at any time and from time to time with monies in the Class&nbsp;D Cash Collateral Account, whether constituting securities, instruments, general intangibles, investment property, financial assets or other property;
(vi)&nbsp;all interest, dividends, cash, instruments and other property from time to time received, receivable or otherwise distributed in respect of or in exchange for the Class&nbsp;D Cash Collateral Account, the funds on deposit therein from time
to time or the investments made with such funds; and (vii)&nbsp;all proceeds of any and all of the foregoing, including, without limitation, cash (the items in the foregoing clauses (ii)&nbsp;through (vii)&nbsp;are referred to, collectively, as the
&#147;<U>Class</U><U></U><U>&nbsp;D Cash Collateral Account Collateral</U>&#148;). The Trustee shall, for the benefit of the Class&nbsp;D Noteholders, possess all right, title and interest in all funds on deposit from time to time in the
Class&nbsp;D Cash Collateral Account and in all proceeds thereof, and shall be the only person authorized to originate entitlement orders in respect of the Class&nbsp;D Cash Collateral Account. The Class&nbsp;D Cash Collateral Account shall be under
the sole dominion and control of the Trustee for the benefit of the Class&nbsp;D Noteholders. The Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Agent hereby agrees (i)&nbsp;to act as the securities intermediary (as defined in <FONT
STYLE="white-space:nowrap">Section&nbsp;8-102(a)(14)</FONT> of the New&nbsp;York UCC) with respect to the Class&nbsp;D Cash Collateral Account; (ii)&nbsp;that its jurisdiction as a securities intermediary is New York, (iii)&nbsp;that each item of
property (whether investment property, financial asset, security, instrument or cash) credited to the Class&nbsp;D Cash Collateral Account shall be treated as a financial asset (as defined in
<FONT STYLE="white-space:nowrap">Section&nbsp;8-102(a)(9)</FONT> of the New&nbsp;York UCC) and (iv)&nbsp;to comply with any entitlement order (as defined in <FONT STYLE="white-space:nowrap">Section&nbsp;8-102(a)(8)</FONT> of the New&nbsp;York UCC)
issued by the Trustee. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(c) <U>Class A/B/C Letter of Credit Expiration Date</U>. If prior to the date which is ten (10)&nbsp;days prior to
the <FONT STYLE="white-space:nowrap">then-scheduled</FONT> Class&nbsp;A/B/C Letter of Credit Expiration Date with respect to any Class&nbsp;A/B/C Letter of Credit, excluding the amount available to be drawn under such Class&nbsp;A/B/C Letter of
Credit but taking into account each substitute Class&nbsp;A/B/C Letter of Credit which has been obtained from a Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Eligible Letter of Credit Provider and is in full force and effect on such date,
the Class&nbsp;A/B/C Enhancement Amount would be equal to or more than the Class&nbsp;A/B/C Required Enhancement Amount and the Class&nbsp;A/B/C Liquidity Amount would be equal to or greater than the Class&nbsp;A/B/C Required Liquidity Amount, then
the Administrator shall notify the Trustee in writing no later than two (2)&nbsp;Business Days prior to such Class&nbsp;A/B/C Letter of Credit Expiration Date of such determination. If prior to the date which is ten (10)&nbsp;days prior
</P>
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to the <FONT STYLE="white-space:nowrap">then-scheduled</FONT> Class&nbsp;A/B/C Letter of Credit Expiration Date with respect to any Class&nbsp;A/B/C Letter of Credit, excluding the amount
available to be drawn under such Class&nbsp;A/B/C Letter of Credit but taking into account a substitute Class&nbsp;A/B/C Letter of Credit which has been obtained from a Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Eligible Letter of Credit
Provider and is in full force and effect on such date, the Class&nbsp;A/B/C Enhancement Amount would be less than the Class&nbsp;A/B/C Required Enhancement Amount or the Class&nbsp;A/B/C Liquidity Amount would be less than the Class&nbsp;A/B/C
Required Liquidity Amount, then the Administrator shall notify the Trustee in writing no later than two (2)&nbsp;Business Days prior to such Class&nbsp;A/B/C Letter of Credit Expiration Date of (x)&nbsp;the greater of (A)&nbsp;the excess, if any, of
the Class&nbsp;A/B/C Required Enhancement Amount over the Class&nbsp;A/B/C Enhancement Amount, excluding the available amount under such expiring Class&nbsp;A/B/C Letter of Credit but taking into account any substitute Class&nbsp;A/B/C Letter of
Credit which has been obtained from a Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Eligible Letter of Credit Provider and is in full force and effect, on such date, and (B)&nbsp;the excess, if any, of the Class&nbsp;A/B/C Required Liquidity
Amount over the Class&nbsp;A/B/C Liquidity Amount, excluding the available amount under such expiring Class&nbsp;A/B/C Letter of Credit but taking into account any substitute Class&nbsp;A/B/C Letter of Credit which has been obtained from a Series <FONT
STYLE="white-space:nowrap">2019-2</FONT> Eligible Letter of Credit Provider and is in full force and effect, on such date, and (y)&nbsp;the amount available to be drawn on such expiring Class&nbsp;A/B/C Letter of Credit on such date. Upon receipt of
such notice by the Trustee on or prior to 10:00 a.m. (New York City time) on any Business Day, the Trustee shall, by 12:00 noon (New York City time) on such Business Day (or, in the case of any notice given to the Trustee after 10:00 a.m. (New York
City time), by 12:00 noon (New York City time) on the next following Business Day), draw the lesser of the amounts set forth in clauses (x)&nbsp;and (y) above on such expiring Class&nbsp;A/B/C Letter of Credit by presenting a draft accompanied by a
Certificate of Termination Demand and shall cause the Termination Disbursement to be deposited in the Class&nbsp;A/B/C Cash Collateral Account. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">If the Trustee does not receive the notice from the Administrator described in the first paragraph of this Section&nbsp;2.8(c) on or prior to
the date that is two (2)&nbsp;Business Days prior to each Class&nbsp;A/B/C Letter of Credit Expiration Date, the Trustee shall, by 12:00 noon (New York City time) on such Business Day draw the full amount of such Class&nbsp;A/B/C Letter of Credit by
presenting a draft accompanied by a Certificate of Termination Demand and shall cause the Termination Disbursement to be deposited in the Class&nbsp;A/B/C Cash Collateral Account. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(d) <U>Class D Letter of Credit Expiration Date</U>. If prior to the date which is ten (10)&nbsp;days prior to the <FONT
STYLE="white-space:nowrap">then-scheduled</FONT> Class&nbsp;D Letter of Credit Expiration Date with respect to any Class&nbsp;D Letter of Credit, excluding the amount available to be drawn under such Class&nbsp;D Letter of Credit but taking into
account each substitute Class&nbsp;D Letter of Credit which has been obtained from a Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Eligible Letter of Credit Provider and is in full force and effect on such date, the Class&nbsp;D Enhancement
Amount would be equal to or more than the Class&nbsp;D Required Enhancement Amount and the Class&nbsp;D Liquidity Amount would be equal to or greater than the Class&nbsp;D Required Liquidity Amount, then the Administrator shall notify the Trustee in
writing no later than two (2)&nbsp;Business Days prior to such Class&nbsp;D Letter of Credit Expiration Date of such determination. If prior to the date which is ten (10)&nbsp;days prior to the <FONT STYLE="white-space:nowrap">then-scheduled</FONT>
Class&nbsp;D Letter of Credit Expiration Date with respect to any Class&nbsp;D Letter of Credit, excluding the amount available to be drawn under such Class&nbsp;D Letter of Credit but taking into account a substitute Class&nbsp;D Letter of Credit
which has been obtained from a Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Eligible Letter of Credit Provider and is in full force and effect on such date, the Class&nbsp;D Enhancement Amount would be less than the Class&nbsp;D Required
Enhancement Amount or the Class&nbsp;D Liquidity Amount would be less than </P>
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the Class&nbsp;D Required Liquidity Amount, then the Administrator shall notify the Trustee in writing no later than two (2)&nbsp;Business Days prior to such Class&nbsp;D Letter of Credit
Expiration Date of (x)&nbsp;the greater of (A)&nbsp;the excess, if any, of the Class&nbsp;D Required Enhancement Amount over the Class&nbsp;D Enhancement Amount, excluding the available amount under such expiring Class&nbsp;D Letter of Credit but
taking into account any substitute Class&nbsp;D Letter of Credit which has been obtained from a Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Eligible Letter of Credit Provider and is in full force and effect, on such date, and (B)&nbsp;the
excess, if any, of the Class&nbsp;D Required Liquidity Amount over the Class&nbsp;D Liquidity Amount, excluding the available amount under such expiring Class&nbsp;D Letter of Credit but taking into account any substitute Class&nbsp;D Letter of
Credit which has been obtained from a Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Eligible Letter of Credit Provider and is in full force and effect, on such date, and (y)&nbsp;the amount available to be drawn on such expiring Class&nbsp;D
Letter of Credit on such date. Upon receipt of such notice by the Trustee on or prior to 10:00 a.m. (New York City time) on any Business Day, the Trustee shall, by 12:00 noon (New York City time) on such Business Day (or, in the case of any notice
given to the Trustee after 10:00 a.m. (New York City time), by 12:00 noon (New York City time) on the next following Business Day), draw the lesser of the amounts set forth in clauses (x)&nbsp;and (y) above on such expiring Class&nbsp;D Letter of
Credit by presenting a draft accompanied by a Certificate of Termination Demand and shall cause the Termination Disbursement to be deposited in the Class&nbsp;D Cash Collateral Account. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">If the Trustee does not receive the notice from the Administrator described in the first paragraph of this Section&nbsp;2.8(d) on or prior to
the date that is two (2)&nbsp;Business Days prior to each Class&nbsp;D Letter of Credit Expiration Date, the Trustee shall, by 12:00 noon (New York City time) on such Business Day draw the full amount of such Class&nbsp;D Letter of Credit by
presenting a draft accompanied by a Certificate of Termination Demand and shall cause the Termination Disbursement to be deposited in the Class&nbsp;D Cash Collateral Account. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(e) <U>Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Letter of Credit Providers</U>. The Administrator shall notify the Trustee in
writing within one (1)&nbsp;Business Day of becoming aware that (i)&nbsp;the <FONT STYLE="white-space:nowrap">long-term</FONT> senior unsecured debt credit rating of any Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Letter of Credit Provider
has fallen below &#147;A (high)&#148; as determined by DBRS or &#147;A1&#148; as determined by Moody&#146;s or &#147;A+&#148; as determined by Fitch or (ii)&nbsp;the <FONT STYLE="white-space:nowrap">short-term</FONT> senior unsecured debt credit
rating of any Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Letter of Credit Provider has fallen below <FONT STYLE="white-space:nowrap">&#147;R-1&#148;</FONT> as determined by DBRS or <FONT STYLE="white-space:nowrap">&#147;P-1&#148;</FONT>
as determined by Moody&#146;s or &#147;F1&#148; as determined by Fitch. At such time the Administrator shall also notify the Trustee of (I)(i) if such Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Letter of Credit Provider has issued a
Class&nbsp;A/B/C Letter of Credit, the greater of (A)&nbsp;the excess, if any, of the Class&nbsp;A/B/C Required Enhancement Amount over the Class&nbsp;A/B/C Enhancement Amount, excluding the available amount under the Class&nbsp;A/B/C Letter of
Credit issued by such Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Letter of Credit Provider, on such date, and (B)&nbsp;the excess, if any, of the Class&nbsp;A/B/C Required Liquidity Amount over the Class&nbsp;A/B/C Liquidity Amount,
excluding the available amount under such Class&nbsp;A/B/C Letter of Credit, on such date, and (ii)&nbsp;the amount available to be drawn on such Class&nbsp;A/B/C Letter of Credit on such date and/or (II)(i) if such Series <FONT
STYLE="white-space:nowrap">2019-2</FONT> Letter of Credit Provider has issued a Class&nbsp;D Letter of Credit, the greater of (A)&nbsp;the excess, if any, of the Class&nbsp;D Required Enhancement Amount over the Class&nbsp;D Enhancement Amount,
excluding the available amount under such Class&nbsp;D Letter of Credit issued by such Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Letter of Credit Provider, on such date, and (B)&nbsp;the excess, if any, of the Class&nbsp;D Required
Liquidity Amount over the Class&nbsp;D Liquidity Amount, excluding the available amount under such Class&nbsp;D Letter of Credit, on such date, and (ii)&nbsp;the amount available to be drawn on such Class&nbsp;D Letter of Credit on such date. Upon
receipt of such notice by the Trustee on or </P>
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prior to 10:00 a.m. (New York City time) on any Business Day, the Trustee shall, by 12:00 noon (New York City time) on such Business Day (or, in the case of any notice given to the Trustee after
10:00 a.m. (New York City time), by 12:00 noon (New York City time) on the next following Business Day), draw on each such Class&nbsp;A/B/C Letter of Credit in an amount equal to the lesser of the amounts in clause (I)(i) and clause (I)&nbsp;of the
immediately preceding sentence and to draw on each such Class&nbsp;D Letter of Credit in an amount equal to the lesser of the amounts in clause (II)(ii) and clause (II)(ii) of the immediately preceding sentence, in each case, on such Business Day by
presenting a draft accompanied by a Certificate of Termination Demand and shall cause the Termination Disbursement with respect to the Class&nbsp;A/B/C Letter of Credit to be deposited in the Class&nbsp;A/B/C Cash Collateral Account and the
Termination Disbursement with respect to the Class&nbsp;D Letter of Credit to be deposited in the Class&nbsp;D Cash Collateral Account. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(f) <U>Termination Date Demands on the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Letters of Credit</U>. Prior to 10:00 a.m. (New
York City time) on the Business Day immediately succeeding the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Letter of Credit Termination Date, the Administrator shall determine the Series <FONT STYLE="white-space:nowrap">2019-2</FONT>
Demand Note Payment Amount, if any, as of the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Letter of Credit Termination Date and, if the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Demand Note Payment Amount is greater than zero,
instruct the Trustee in writing to draw on the Class&nbsp;A/B/C Letters of Credit and/or the Class&nbsp;D Letters of Credit, as described herein. Upon receipt of any such notice by the Trustee on or prior to 11:00 a.m. (New York City time) on a
Business Day, the Trustee shall, by 12:00 noon (New York City time) on such Business Day draw an amount (I)&nbsp;on each such Class&nbsp;A/B/C Letter of Credit equal to the lesser of (i)&nbsp;the Series <FONT STYLE="white-space:nowrap">2019-2</FONT>
Demand Note Payment Amount and (ii)&nbsp;the Class&nbsp;A/B/C Letter of Credit Liquidity Amount on the Class&nbsp;A/B/C Letters of Credit by presenting to each relevant Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Letter of Credit Provider
a draft for each such Class&nbsp;A/B/C Letter of Credit accompanied by a Certificate of Termination Date Demand and shall cause the Termination Date Disbursement on a Class&nbsp;A/B/C Letter of Credit to be deposited in the Class&nbsp;A/B/C Cash
Collateral Account; <U>provided</U>, <U>however</U>, that if the Class&nbsp;A/B/C Cash Collateral Account has been established and funded, the Trustee shall draw an amount equal to the product of (a)&nbsp;100% <U>minus</U> the Class&nbsp;A/B/C Cash
Collateral Percentage and (b)&nbsp;the lesser of the amounts referred to in clause (i)&nbsp;and (ii) on such Business Day on the Class&nbsp;A/B/C Letters of Credit, as calculated by the Administrator and provided in writing to the Trustee and
(II)&nbsp;on each such Class&nbsp;D Letter of Credit equal to the lesser of (i)&nbsp;the excess of (x)&nbsp;the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Demand Note Payment Amount over (y)&nbsp;the amounts drawn on the Class&nbsp;A/B/C
Letter of Credit pursuant to this Section&nbsp;2.8(f) and (ii)&nbsp;the Class&nbsp;D Letter of Credit Liquidity Amount on the Class&nbsp;D Letters of Credit by presenting to each relevant Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Letter
of Credit Provider a draft for each such Class&nbsp;D Letter of Credit accompanied by a Certificate of Termination Date Demand and shall cause the Termination Date Disbursement on a Class&nbsp;D Letter of Credit to be deposited in the Class&nbsp;D
Cash Collateral Account; <U>provided</U>, <U>however</U>, that if the Class&nbsp;D Cash Collateral Account has been established and funded, the Trustee shall draw an amount equal to the product of (a)&nbsp;100% <U>minus</U> the Class&nbsp;D Cash
Collateral Percentage and (b)&nbsp;the lesser of the amounts referred to in clause (i)&nbsp;and (ii) on such Business Day on the Class&nbsp;D Letters of Credit, as calculated by the Administrator and provided in writing to the Trustee. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(g) <U>Draws on the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Letters of Credit</U>. If there is more than one Class&nbsp;A/B/C
Letter of Credit on the date of any draw on the Class&nbsp;A/B/C Letters of Credit pursuant to the terms of this Supplement, the Administrator shall instruct the Trustee, in writing, to draw on each Class&nbsp;A/B/C Letter of Credit in an amount
equal to the Class&nbsp;A/B/C Pro Rata Share of the </P>
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Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Letter of Credit Provider issuing such Class&nbsp;A/B/C Letter of Credit of the amount of such draw on the Class&nbsp;A/B/C Letters of
Credit. If there is more than one Class&nbsp;D Letter of Credit on the date of any draw on the Class&nbsp;D Letters of Credit pursuant to the terms of this Supplement, the Administrator shall instruct the Trustee, in writing, to draw on each
Class&nbsp;D Letter of Credit in an amount equal to the Class&nbsp;D Pro Rata Share of the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Letter of Credit Provider issuing such Class&nbsp;D Letter of Credit of the amount of such draw on the
Class&nbsp;D Letters of Credit. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(h) <U>Establishment of Class</U><U></U><U>&nbsp;A/B/C Cash Collateral Account</U>. On or prior to the
date of any drawing under a Class&nbsp;A/B/C Letter of Credit pursuant to Section&nbsp;2.8(c), (e) or (f)&nbsp;above, ABRCF shall establish and maintain in the name of the Trustee for the benefit of the Class&nbsp;A Noteholders, the Class&nbsp;B
Noteholders and the Class&nbsp;C Noteholders, or cause to be established and maintained, an account (the &#147;<U>Class</U><U></U><U>&nbsp;A/B/C Cash Collateral Account</U>&#148;), bearing a designation clearly indicating that the funds deposited
therein are held for the benefit of the Class&nbsp;A Noteholders, the Class&nbsp;B Noteholders and the Class&nbsp;C Noteholders. The Class&nbsp;A/B/C Cash Collateral Account shall be maintained (i)&nbsp;with a Qualified Institution, or (ii)&nbsp;as
a segregated trust account with the corporate trust department of a depository institution or trust company having corporate trust powers and acting as trustee for funds deposited in the Class&nbsp;A/B/C Cash Collateral Account; <U>provided</U>,
<U>however</U>, that if at any time such Qualified Institution is no longer a Qualified Institution or the credit rating of any securities issued by such depository institution or trust company shall be reduced to below &#147;BBB (low)&#148; by
DBRS, &#147;Baa3&#148; by Moody&#146;s, or <FONT STYLE="white-space:nowrap">&#147;BBB-&#148;</FONT> by Fitch, then ABRCF shall, within thirty (30)&nbsp;days of such reduction, establish a new Class&nbsp;A/B/C Cash Collateral Account with a new
Qualified Institution or a new segregated trust account with the corporate trust department of a depository institution or trust company having corporate trust powers and acting as trustee for funds deposited in the Class&nbsp;A/B/C Cash Collateral
Account. If a new Class&nbsp;A/B/C Cash Collateral Account is established, ABRCF shall instruct the Trustee in writing to transfer all cash and investments from the <FONT STYLE="white-space:nowrap">non-qualifying</FONT> Class&nbsp;A/B/C Cash
Collateral Account into the new Class&nbsp;A/B/C Cash Collateral Account. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(i) <U>Administration of the Class</U><U></U><U>&nbsp;A/B/C
Cash Collateral Account</U>. ABRCF may instruct (by standing instructions or otherwise) the institution maintaining the Class&nbsp;A/B/C Cash Collateral Account to invest funds on deposit in the Class&nbsp;A/B/C Cash Collateral Account from time to
time in Permitted Investments; <U>provided</U>, <U>however</U>, that any such investment shall mature not later than the Business Day prior to the Distribution Date following the date on which such funds were received, unless any Permitted
Investment held in the Class&nbsp;A/B/C Cash Collateral Account is held with the Paying Agent, in which case such investment may mature on such Distribution Date so long as such funds shall be available for withdrawal on or prior to such
Distribution Date; <U>provided</U>, <U>further</U>, that in the case of Permitted Investments held in the Class&nbsp;A/B/C Reserve Account and so long as any Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Note is rated by Fitch (x)&nbsp;any
Permitted Investment set forth in clauses (ii), (iii), (vi) and (vii)&nbsp;of the definition thereof will have a rating of <FONT STYLE="white-space:nowrap">&#147;AA-&#148;</FONT> or &#147;F1+&#148; by Fitch and (y)&nbsp;any Permitted Investment set
forth in clause (v)&nbsp;of the definition thereof will either have a rating of &#147;AAAmmf&#148; by Fitch or, if such fund is not rated by Fitch, the then highest rating from two nationally recognized investment rating agencies (other than Fitch).
All such Permitted Investments will be credited to the Class&nbsp;A/B/C Cash Collateral Account and any such Permitted Investments that constitute (i)&nbsp;physical property (and that is not either a United States security entitlement or a security
entitlement) shall be physically delivered to the Trustee; (ii)&nbsp;United States security entitlements or security entitlements shall be controlled (as defined in </P>
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<FONT STYLE="white-space:nowrap">Section&nbsp;8-106</FONT> of the New York UCC) by the Trustee pending maturity or disposition, and (iii)&nbsp;uncertificated securities (and not United States
security entitlements) shall be delivered to the Trustee by causing the Trustee to become the registered holder of such securities. The Trustee shall, at the expense of ABRCF, take such action as is required to maintain the Trustee&#146;s security
interest in the Permitted Investments credited to the Class&nbsp;A/B/C Cash Collateral Account. ABRCF shall not direct the Trustee to dispose of (or permit the disposal of) any Permitted Investments prior to the maturity thereof to the extent such
disposal would result in a loss of the purchase price of such Permitted Investments. In the absence of written investment instructions hereunder, funds on deposit in the Class&nbsp;A/B/C Cash Collateral Account shall remain uninvested. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(j) <U>Establishment of Class</U><U></U><U>&nbsp;D Cash Collateral Account</U>. On or prior to the date of any drawing under a Class&nbsp;D
Letter of Credit pursuant to Section&nbsp;2.8(d), (e) or (f)&nbsp;above, ABRCF shall establish and maintain in the name of the Trustee for the benefit of the Class&nbsp;D Noteholders, or cause to be established and maintained, an account (the
&#147;<U>Class</U><U></U><U>&nbsp;D Cash Collateral Account</U>&#148;), bearing a designation clearly indicating that the funds deposited therein are held for the benefit of the Class&nbsp;D Noteholders. The Class&nbsp;D Cash Collateral Account
shall be maintained (i)&nbsp;with a Qualified Institution, or (ii)&nbsp;as a segregated trust account with the corporate trust department of a depository institution or trust company having corporate trust powers and acting as trustee for funds
deposited in the Class&nbsp;D Cash Collateral Account; <U>provided</U>, <U>however</U>, that if at any time such Qualified Institution is no longer a Qualified Institution or the credit rating of any securities issued by such depository institution
or trust company shall be reduced to below &#147;BBB (low)&#148; by DBRS or &#147;Baa3&#148; by Moody&#146;s, then ABRCF shall, within thirty (30)&nbsp;days of such reduction, establish a new Class&nbsp;D Cash Collateral Account with a new Qualified
Institution or a new segregated trust account with the corporate trust department of a depository institution or trust company having corporate trust powers and acting as trustee for funds deposited in the Class&nbsp;D Cash Collateral Account. If a
new Class&nbsp;D Cash Collateral Account is established, ABRCF shall instruct the Trustee in writing to transfer all cash and investments from the <FONT STYLE="white-space:nowrap">non-qualifying</FONT> Class&nbsp;D Cash Collateral Account into the
new Class&nbsp;D Cash Collateral Account. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(k) <U>Administration of the Class</U><U></U><U>&nbsp;D Cash Collateral Account</U>. ABRCF may
instruct (by standing instructions or otherwise) the institution maintaining the Class&nbsp;D Cash Collateral Account to invest funds on deposit in the Class&nbsp;D Cash Collateral Account from time to time in Permitted Investments; <U>provided</U>,
<U>however</U>, that any such investment shall mature not later than the Business Day prior to the Distribution Date following the date on which such funds were received, unless any Permitted Investment held in the Class&nbsp;D Cash Collateral
Account is held with the Paying Agent, in which case such investment may mature on such Distribution Date so long as such funds shall be available for withdrawal on or prior to such Distribution Date. All such Permitted Investments will be credited
to the Class&nbsp;D Cash Collateral Account and any such Permitted Investments that constitute (i)&nbsp;physical property (and that is not either a United States security entitlement or a security entitlement) shall be physically delivered to the
Trustee; (ii)&nbsp;United States security entitlements or security entitlements shall be controlled (as defined in <FONT STYLE="white-space:nowrap">Section&nbsp;8-106</FONT> of the New York UCC) by the Trustee pending maturity or disposition, and
(iii)&nbsp;uncertificated securities (and not United States security entitlements) shall be delivered to the Trustee by causing the Trustee to become the registered holder of such securities. The Trustee shall, at the expense of ABRCF, take such
action as is required to maintain the Trustee&#146;s security interest in the Permitted Investments credited to the Class&nbsp;D Cash Collateral Account. ABRCF shall not direct the Trustee to dispose of (or permit the disposal of) any Permitted
Investments </P>
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prior to the maturity thereof to the extent such disposal would result in a loss of the purchase price of such Permitted Investments. In the absence of written investment instructions hereunder,
funds on deposit in the Class&nbsp;D Cash Collateral Account shall remain uninvested. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(l) <U>Earnings from Series <FONT
STYLE="white-space:nowrap">2019-2</FONT> Cash Collateral Accounts</U>. All interest and earnings (net of losses and investment expenses) paid on funds on deposit in the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Cash Collateral Accounts
shall be deemed to be on deposit therein and available for distribution. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(m) <U>Series <FONT STYLE="white-space:nowrap">2019-2</FONT>
Cash Collateral Account Surplus</U>. In the event that the Class&nbsp;A/B/C Cash Collateral Account Surplus on any Distribution Date (or, after the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Letter of Credit Termination Date, on any date)
is greater than zero, the Trustee, acting in accordance with the written instructions of the Administrator, shall withdraw from the Class&nbsp;A/B/C Cash Collateral Account an amount equal to the Class&nbsp;A/B/C Cash Collateral Account Surplus and
shall pay such amount: <U>first</U>, to the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Letter of Credit Providers to the extent of any unreimbursed drawings with respect to any Class&nbsp;A/B/C Letters of Credit under the related Series <FONT
STYLE="white-space:nowrap">2019-2</FONT> Reimbursement Agreement, for application in accordance with the provisions of the related Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Reimbursement Agreement, and, <U>second</U>, to ABRCF any
remaining amount. In the event that the Class&nbsp;D Cash Collateral Account Surplus on any Distribution Date (or, after the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Letter of Credit Termination Date, on any date) is greater than zero,
the Trustee, acting in accordance with the written instructions of the Administrator, shall withdraw from the Class&nbsp;D Cash Collateral Account an amount equal to the Class&nbsp;D Cash Collateral Account Surplus and shall pay such amount:
<U>first</U>, to the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Letter of Credit Providers to the extent of any unreimbursed drawings with respect to any Class&nbsp;D Letters of Credit under the related Series <FONT
STYLE="white-space:nowrap">2019-2</FONT> Reimbursement Agreement, for application in accordance with the provisions of the related Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Reimbursement Agreement, and, <U>second</U>, to ABRCF any
remaining amount. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(n) <U>Termination of Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Cash Collateral Account</U>. Upon the
termination of this Supplement in accordance with its terms, the Trustee, acting in accordance with the written instructions of the Administrator, after the prior payment of all amounts owing to the Series
<FONT STYLE="white-space:nowrap">2019-2</FONT> Noteholders and payable from any Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Cash Collateral Account as provided herein, shall (i)&nbsp;withdraw from the Class&nbsp;A/B/C Cash Collateral
Account all amounts on deposit therein (to the extent not withdrawn pursuant to Section&nbsp;2.8(m) above) and shall pay such amounts: <U>first</U>, to the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Letter of Credit Providers to the
extent of any unreimbursed drawings with respect to any Class&nbsp;A/B/C Letters of Credit under the related Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Reimbursement Agreement, for application in accordance with the provisions of the
related Series <FONT STYLE="white-space:nowrap">2019-12</FONT> Reimbursement Agreement, and, <U>second</U>, to ABRCF any remaining amount and (ii)&nbsp;withdraw from the Class&nbsp;D Cash Collateral Account all amounts on deposit therein (to the
extent not withdrawn pursuant to Section&nbsp;2.8(m) above) and shall pay such amounts: <U>first</U>, to the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Letter of Credit Providers to the extent of any unreimbursed drawings with respect to
any Class&nbsp;D Letters of Credit under the related Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Reimbursement Agreement, for application in accordance with the provisions of the related Series
<FONT STYLE="white-space:nowrap">2019-2</FONT> Reimbursement Agreement, and, <U>second</U>, to ABRCF any remaining amount. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;2.9. <U>Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Distribution Account</U>. (a)<U>&nbsp;Establishment of Series <FONT
STYLE="white-space:nowrap">2019-2</FONT> Distribution Account</U>. ABRCF has established and shall maintain in the name of the Trustee for the benefit of the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Noteholders, or cause to be
established and maintained, an account (the &#147;Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Distribution Account&#148;), bearing a designation clearly indicating </P>
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that the funds deposited therein are held for the benefit of the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Noteholders. The Series <FONT STYLE="white-space:nowrap">2019-2</FONT>
Distribution Account shall be maintained (i)&nbsp;with a Qualified Institution, or (ii)&nbsp;as a segregated trust account with the corporate trust department of a depository institution or trust company having corporate trust powers and acting as
trustee for funds deposited in the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Distribution Account; <U>provided</U>, <U>however</U>, that if at any time such Qualified Institution is no longer a Qualified Institution or the credit rating
of any securities issued by such depositary institution or trust company shall be reduced to below &#147;BBB (low)&#148; by DBRS or &#147;Baa3&#148; by Moody&#146;s, then ABRCF shall, within thirty (30)&nbsp;days of such reduction, establish a new
Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Distribution Account with a new Qualified Institution. If the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Distribution Account is not maintained in accordance with the previous
sentence, ABRCF shall establish a new Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Distribution Account, within ten (10)&nbsp;Business Days after obtaining knowledge of such fact, which complies with such sentence, and shall instruct the
Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Agent in writing to transfer all cash and investments from the <FONT STYLE="white-space:nowrap">non-qualifying</FONT> Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Distribution Account
into the new Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Distribution Account. The Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Distribution Account has initially been established with The Bank of New York Mellon Trust Company,
N.A. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(b) <U>Administration of the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Distribution Account</U>. The Administrator may
instruct the institution maintaining the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Distribution Account to invest funds on deposit in the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Distribution Account from time to time in
Permitted Investments; <U>provided</U>, <U>however</U>, that any such investment shall mature not later than the Business Day prior to the Distribution Date following the date on which such funds were received, unless any Permitted Investment held
in the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Distribution Account is held with the Paying Agent, then such investment may mature on such Distribution Date and such funds shall be available for withdrawal on or prior to such
Distribution Date. All such Permitted Investments will be credited to the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Distribution Account and any such Permitted Investments that constitute (i)&nbsp;physical property (and that is not
either a United States security entitlement or a security entitlement) shall be physically delivered to the Trustee; (ii)&nbsp;United States security entitlements or security entitlements shall be controlled (as defined in <FONT
STYLE="white-space:nowrap">Section&nbsp;8-106</FONT> of the New&nbsp;York UCC) by the Trustee pending maturity or disposition, and (iii)&nbsp;uncertificated securities (and not United States security entitlements) shall be delivered to the Trustee
by causing the Trustee to become the registered holder of such securities. The Trustee shall, at the expense of ABRCF, take such action as is required to maintain the Trustee&#146;s security interest in the Permitted Investments credited to the
Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Distribution Account. ABRCF shall not direct the Trustee to dispose of (or permit the disposal of) any Permitted Investment prior to the maturity thereof to the extent such disposal would result
in a loss of the purchase price of such Permitted Investment. In the absence of written investment instructions hereunder, funds on deposit in the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Distribution Account shall remain uninvested.
</P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(c) <U>Earnings from Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Distribution Account</U>. All interest and earnings (net of
losses and investment expenses) paid on funds on deposit in the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Distribution Account shall be deemed to be on deposit and available for distribution. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(d) <U>Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Distribution Account Constitutes Additional Collateral for Series <FONT
STYLE="white-space:nowrap">2019-2</FONT> Notes</U>. In order to secure and provide for the repayment and payment of the ABRCF Obligations with respect to the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Notes, ABRCF hereby grants a security
interest in and assigns, pledges, grants, transfers and sets over to the Trustee, for the benefit of the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Noteholders, all of ABRCF&#146;s right, title and interest in and to the following
(whether now </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">67 </P>

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or hereafter existing or acquired): (i) the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Distribution Account, including any security entitlement thereto; (ii)&nbsp;all funds on deposit
therein from time to time; (iii)&nbsp;all certificates and instruments, if any, representing or evidencing any or all of the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Distribution Account or the funds on deposit therein from time to
time; (iv)&nbsp;all investments made at any time and from time to time with monies in the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Distribution Account, whether constituting securities, instruments, general intangibles, investment
property, financial assets or other property; (v)&nbsp;all interest, dividends, cash, instruments and other property from time to time received, receivable or otherwise distributed in respect of or in exchange for the Series <FONT
STYLE="white-space:nowrap">2019-2</FONT> Distribution Account, the funds on deposit therein from time to time or the investments made with such funds; and (vi)&nbsp;all proceeds of any and all of the foregoing, including, without limitation, cash
(the items in the foregoing clauses (i)&nbsp;through (vi) are referred to, collectively, as the &#147;<U>Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Distribution Account Collateral</U>&#148;). The Trustee shall possess all right, title and
interest in all funds on deposit from time to time in the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Distribution Account and in and to all proceeds thereof, and shall be the only person authorized to originate entitlement orders in
respect of the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Distribution Account. The Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Distribution Account Collateral shall be under the sole dominion and control of the Trustee for the
benefit of the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Noteholders. The Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Agent hereby agrees (i)&nbsp;to act as the securities intermediary (as defined in <FONT
STYLE="white-space:nowrap">Section&nbsp;8-102(a)(14)</FONT> of the New&nbsp;York UCC) with respect to the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Distribution Account; (ii)&nbsp;that its jurisdiction as securities intermediary is New
York, (iii)&nbsp;that each item of property (whether investment property, financial asset, security, instrument or cash) credited to the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Distribution Account shall be treated as a financial asset
(as defined in <FONT STYLE="white-space:nowrap">Section&nbsp;8-102(a)(9)</FONT> of the New&nbsp;York UCC) and (iv)&nbsp;to comply with any entitlement order (as defined in <FONT STYLE="white-space:nowrap">Section&nbsp;8-102(a)(8)</FONT> of the
New&nbsp;York UCC) issued by the Trustee. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;2.10. <U>Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Accounts Permitted
Investments</U>. ABRCF shall not, and shall not permit, funds on deposit in the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Accounts to be invested in: </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:9%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(i) Permitted Investments that do not mature at least one (1)&nbsp;Business Day before the next Distribution Date; </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:9%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(ii) demand deposits, time deposits or certificates of deposit with a maturity in excess of 360 days; </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:9%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(iii) commercial paper which is not rated <FONT STYLE="white-space:nowrap">&#147;P-1&#148;</FONT> by Moody&#146;s; </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:9%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(iv) money market funds or eurodollar time deposits which are not rated at least
<FONT STYLE="white-space:nowrap">&#147;P-1&#148;</FONT> by Moody&#146;s; </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:9%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(v) eurodollar deposits that are not rated <FONT
STYLE="white-space:nowrap">&#147;P-1&#148;</FONT> by Moody&#146;s or that are with financial institutions not organized under the laws of a <FONT STYLE="white-space:nowrap">G-7</FONT> nation; or </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:9%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(vi) any investment, instrument or security not otherwise listed in clause (i)&nbsp;through (vi)&nbsp;of the definition of
&#147;Permitted Investments&#148; in the Base Indenture. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;2.11. <U>Series <FONT STYLE="white-space:nowrap">2019-2</FONT>
Demand Notes Constitute Additional Collateral for Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Senior Notes</U>. In order to secure and provide for the repayment and payment of the ABRCF Obligations with respect to the Series <FONT
STYLE="white-space:nowrap">2019-2</FONT> Senior Notes, ABRCF hereby grants a </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">68 </P>

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security interest in and assigns, pledges, grants, transfers and sets over to the Trustee, for the benefit of the Class&nbsp;A Noteholders, the Class&nbsp;B Noteholders, the Class&nbsp;C
Noteholders and the Class&nbsp;D Noteholders, all of ABRCF&#146;s right, title and interest in and to the following (whether now or hereafter existing or acquired): (i)&nbsp;the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Demand Notes;
(ii)&nbsp;all certificates and instruments, if any, representing or evidencing the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Demand Notes; and (iii)&nbsp;all proceeds of any and all of the foregoing, including, without limitation, cash.
On the date hereof, ABRCF shall deliver to the Trustee, for the benefit of the Class&nbsp;A Noteholders, the Class&nbsp;B Noteholders, the Class&nbsp;C Noteholders and the Class&nbsp;D Noteholders, each Series
<FONT STYLE="white-space:nowrap">2019-2</FONT> Demand Note, endorsed in blank. The Trustee, for the benefit of the Class&nbsp;A Noteholders, the Class&nbsp;B Noteholders, the Class&nbsp;C Noteholders and the Class&nbsp;D Noteholders shall be the
only Person authorized to make a demand for payments on the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Demand Notes. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;2.12. <U>Subordination of the Class</U><U></U><U>&nbsp;B Notes, Class</U><U></U><U>&nbsp;C Notes, Class</U><U></U><U>&nbsp;D
Notes</U><U> and the Class</U><U></U><U>&nbsp;R Notes</U>. (a)&nbsp;Notwithstanding anything to the contrary contained in this Supplement, the Base Indenture or in any other Related Document, the Class&nbsp;B Notes will be subordinate in all
respects to the Class&nbsp;A Notes as and to the extent set forth in this Section&nbsp;2.12(a). No payments on account of principal shall be made with respect to the Class&nbsp;B Notes on any Distribution Date during the Series <FONT
STYLE="white-space:nowrap">2019-2</FONT> Controlled Amortization Period unless an amount equal to the Class&nbsp;A Controlled Distribution Amount for the Related Month shall have been paid to the Class&nbsp;A Noteholders and no payments on account
of principal shall be made with respect to the Class&nbsp;B Notes during the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Rapid Amortization Period or on the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Final Distribution Date
until the Class&nbsp;A Notes have been paid in full. No payments on account of interest shall be made with respect to the Class&nbsp;B Notes on any Distribution Date until all payments of interest then due and payable with respect to the
Class&nbsp;A Notes (including, without limitation, all accrued interest, all Class&nbsp;A Shortfall and all interest accrued on such Class&nbsp;A Shortfall) have been paid in full. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(b) Notwithstanding anything to the contrary contained in this Supplement, the Base Indenture or in any other Related Document, the
Class&nbsp;C Notes will be subordinate in all respects to the Class&nbsp;A Notes and the Class&nbsp;B Notes as and to the extent set forth in this Section&nbsp;2.12(b). No payments on account of principal shall be made with respect to the
Class&nbsp;C Notes on any Distribution Date during the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Controlled Amortization Period unless an amount equal to the Class&nbsp;A Controlled Distribution Amount for the Related Month shall have
been paid to the Class&nbsp;A Noteholders and an amount equal to the Class&nbsp;B Controlled Distribution Amount for the Related Month shall have been paid to the Class&nbsp;B Noteholders. No payments on account of principal shall be made with
respect to the Class&nbsp;C Notes during the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Rapid Amortization Period or on the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Final Distribution Date until the Class&nbsp;A Notes and the
Class&nbsp;B Notes have been paid in full. No payments on account of interest shall be made with respect to the Class&nbsp;C Notes on any Distribution Date until all payments of interest then due and payable with respect to the Class&nbsp;A Notes
and Class&nbsp;B Notes (including, without limitation, all accrued interest, all Class&nbsp;A Shortfall, all interest accrued on such Class&nbsp;A Shortfall, all Class&nbsp;B Shortfall and all interest accrued on such Class&nbsp;B Shortfall) have
been paid in full. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(c) Notwithstanding anything to the contrary contained in this Supplement, the Base Indenture or in any other Related
Document, the Class&nbsp;D Notes will be subordinate in all respects to the Class&nbsp;A Notes, the Class&nbsp;B Notes and the Class&nbsp;C Notes as and to the extent set forth in this Section&nbsp;2.12(c). No payments on account of principal shall
be made with respect to </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">69 </P>

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the Class&nbsp;D Notes on any Distribution Date during the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Controlled Amortization Period unless an amount equal to the Class&nbsp;A
Controlled Distribution Amount for the Related Month shall have been paid to the Class&nbsp;A Noteholders, an amount equal to the Class&nbsp;B Controlled Distribution Amount for the Related Month shall have been paid to the Class&nbsp;B Noteholders
and an amount equal to the Class&nbsp;C Controlled Distribution Amount for the Related Month shall have been paid to the Class&nbsp;C Noteholders. No payments on account of principal shall be made with respect to the Class&nbsp;D Notes during the
Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Rapid Amortization Period or on the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Final Distribution Date until the Class&nbsp;A Notes, the Class&nbsp;B Notes and the Class&nbsp;C Notes
have been paid in full. No payments on account of interest shall be made with respect to the Class&nbsp;D Notes on any Distribution Date until all payments of interest then due and payable with respect to the Class&nbsp;A Notes, Class&nbsp;B Notes
and Class&nbsp;C Notes (including, without limitation, all accrued interest, all Class&nbsp;A Shortfall, all interest accrued on such Class&nbsp;A Shortfall, all Class&nbsp;B Shortfall, all interest accrued on such Class&nbsp;B Shortfall, all
Class&nbsp;C Shortfall and all interest accrued on such Class&nbsp;C Shortfall) have been paid in full. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(d) Notwithstanding anything to
the contrary contained in this Supplement, the Base Indenture or in any other Related Document, the Class&nbsp;R Notes will be subordinate in all respects to the Class&nbsp;A Notes, the Class&nbsp;B Notes, the Class&nbsp;C Notes and the Class&nbsp;D
Notes, as and to the extent set forth in this Section&nbsp;2.12(d). No payments on account of principal shall be made with respect to the Class&nbsp;R Notes during the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Controlled Amortization
Period or the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Rapid Amortization Period or on the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Final Distribution Date until the Class&nbsp;A Notes, the Class&nbsp;B Notes, the
Class&nbsp;C Notes and the Class&nbsp;D Notes have been paid in full. No payments on account of interest shall be made with respect to the Class&nbsp;R Notes on any Distribution Date until all payments of interest and principal due and payable on
such Distribution Date with respect to the Class&nbsp;A Notes, the Class&nbsp;B Notes, the Class&nbsp;C Notes and the Class&nbsp;D Notes (including, without limitation, all accrued interest, all Class&nbsp;A Shortfall, all interest accrued on such
Class&nbsp;A Shortfall, all Class&nbsp;B Shortfall, all interest accrued on such Class&nbsp;B Shortfall, all Class&nbsp;C Shortfall, all interest accrued on such Class&nbsp;C Shortfall, all due and unpaid interest on the Class&nbsp;D Notes and all
interest accrued on such unpaid amounts) have been paid in full. </P> <P STYLE="margin-top:24pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>ARTICLE III </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>AMORTIZATION EVENTS </B></P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">In
addition to the Amortization Events set forth in Section&nbsp;9.1 of the Base Indenture, any of the following shall be an Amortization Event with respect to the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Notes and collectively shall
constitute the Amortization Events set forth in Section&nbsp;9.1(n) of the Base Indenture with respect to the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Notes (without notice or other action on the part of the Trustee or any holders of
the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Notes): </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(a) a Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Enhancement
Deficiency shall occur and continue for at least two (2)&nbsp;Business Days; <U>provided</U>, <U>however</U>, that such event or condition shall not be an Amortization Event if during such two (2)&nbsp;Business Day period such Series <FONT
STYLE="white-space:nowrap">2019-2</FONT> Enhancement Deficiency shall have been cured in accordance with the terms and conditions of the Indenture and the Related Documents; </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">70 </P>

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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(b) either (i)&nbsp;the Class&nbsp;A/B/C Liquidity Amount shall be less than the
Class&nbsp;A/B/C Required Liquidity Amount for at least two Business Days or (ii)&nbsp;the Class&nbsp;D Liquidity Amount shall be less than the Class&nbsp;D Required Liquidity Amount for at least two Business Days; <U>provided</U>, <U>however</U>,
that, in either case, such event or condition shall not be an Amortization Event if during such two Business Day period such insufficiency shall have been cured in accordance with the terms and conditions of the Indenture and the Related Documents;
</P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(c) the Collection Account, the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Collection Account, the Series <FONT
STYLE="white-space:nowrap">2019-2</FONT> Excess Collection Account, the Class&nbsp;A/B/C Reserve Account or the Class&nbsp;D Reserve Account shall be subject to an injunction, estoppel or other stay or a lien (other than liens permitted under the
Related Documents); </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(d) all principal of and interest on any Class&nbsp;of the Series <FONT STYLE="white-space:nowrap">2019-2</FONT>
Notes is not paid in full on or before the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Expected Final Distribution Date; </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(e)
any Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Letter of Credit shall not be in full force and effect for at least two Business Days and either (x)&nbsp;a Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Enhancement Deficiency would
result from excluding such Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Letter of Credit from the Class&nbsp;A/B/C Enhancement Amount or the Class&nbsp;D Enhancement Amount or (y)&nbsp;the Class&nbsp;A/B/C Liquidity Amount or the
Class&nbsp;D Liquidity Amount excluding therefrom the available amount under such Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Letter of Credit, would be less than the Class&nbsp;A/B/C Required Liquidity Amount or the Class&nbsp;D Required
Liquidity Amount, respectively; </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(f) from and after the funding of any Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Cash
Collateral Account, such Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Cash Collateral Account shall be subject to an injunction, estoppel or other stay or a lien (other than Liens permitted under the Related Documents) for at least two
Business Days and either (x)&nbsp;a Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Enhancement Deficiency would result from excluding the Class&nbsp;A/B/C Available Cash Collateral Account Amount or the Class&nbsp;D Available Cash Collateral
Account Amount from the Class&nbsp;A/B/C Enhancement Amount or the Class&nbsp;D Enhancement Amount, respectively, (y)&nbsp;the Class&nbsp;A/B/C Liquidity Amount, excluding therefrom the Class&nbsp;A/B/C Available Cash Collateral Account Amount,
would be less than the Class&nbsp;A/B/C Required Liquidity Amount or (z)&nbsp;the Class&nbsp;D Liquidity Amount, excluding therefrom the Class&nbsp;D Available Cash Collateral Account Amount, would be less than the Class&nbsp;D Required Liquidity
Amount; and </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(g) an Event of Bankruptcy shall have occurred with respect to any Series <FONT STYLE="white-space:nowrap">2019-2</FONT>
Letter of Credit Provider or any Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Letter of Credit Provider repudiates its Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Letter of Credit or refuses to honor a proper draw thereon and
either (x)&nbsp;a Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Enhancement Deficiency would result from excluding such Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Letter of Credit from the Class&nbsp;A/B/C Enhancement Amount or
the Class&nbsp;D Enhancement Amount or (y)&nbsp;the Class&nbsp;A/B/C Liquidity Amount or Class&nbsp;C Liquidity Amount, excluding therefrom the available amount under such Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Letter of Credit, would
be less than the Class&nbsp;A/B/C Required Liquidity Amount or the Class&nbsp;D Required Liquidity Amount, respectively. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">71 </P>

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 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>ARTICLE IV </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>FORM OF SERIES <FONT STYLE="white-space:nowrap">2019-2</FONT> NOTES </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;4.1. <U>Restricted Global Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Notes</U>. Each Class&nbsp;of the Series <FONT
STYLE="white-space:nowrap">2019-2</FONT> Notes to be issued in the United States will be issued in <FONT STYLE="white-space:nowrap">book-entry</FONT> form and represented by one or more permanent global Notes in fully registered form without
interest coupons (each, a &#147;<U>Restricted Global Class</U><U></U><U>&nbsp;A Note</U>&#148;, a &#147;<U>Restricted Global Class</U><U></U><U>&nbsp;B Note</U>&#148;, a &#147;<U>Restricted Global Class</U><U></U><U>&nbsp;C Note</U>&#148;, a
&#147;<U>Restricted Global Class</U><U></U><U>&nbsp;D Note</U>&#148; or a &#147;<U>Restricted Global Class</U><U></U><U>&nbsp;R Note</U>&#148;, as the case may be), substantially in the form set forth in <U>Exhibits A</U><U><FONT
STYLE="white-space:nowrap">-1</FONT></U>, <U><FONT STYLE="white-space:nowrap">B-1</FONT></U>, <U>C</U><U><FONT STYLE="white-space:nowrap">-1</FONT></U>, <U><FONT STYLE="white-space:nowrap">D-1</FONT></U> and
<U><FONT STYLE="white-space:nowrap">E-1</FONT></U>, with such legends as may be applicable thereto as set forth in the Base Indenture, and will be sold only in the United States (1)&nbsp;initially to institutional accredited investors within the
meaning of Regulation D under the Securities Act in reliance on an exemption from the registration requirements of the Securities Act and (2)&nbsp;thereafter to qualified institutional buyers within the meaning of, and in reliance on, Rule 144A
under the Securities Act and shall be deposited on behalf of the purchasers of such Class&nbsp;of the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Notes represented thereby, with the Trustee as custodian for DTC, and registered in the name
of Cede as DTC&#146;s nominee, duly executed by ABRCF and authenticated by the Trustee in the manner set forth in Section&nbsp;2.4 of the Base Indenture. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;4.2. <U>Temporary Global Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Notes; Permanent Global Series <FONT
STYLE="white-space:nowrap">2019-2</FONT> Notes</U>. Each Class&nbsp;of the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Notes to be issued outside the United States will be issued and sold in transactions outside the United States in
reliance on Regulation S under the Securities Act, as provided in the applicable note purchase agreement, and shall initially be issued in the form of one or more temporary notes in registered form without interest coupons (each, a
&#147;<U>Temporary Global Class</U><U></U><U>&nbsp;A Note</U>&#148;, a &#147;<U>Temporary Global Class</U><U></U><U>&nbsp;B Note</U>&#148;, a &#147;<U>Temporary Global Class</U><U></U><U>&nbsp;C Note</U>&#148;, a &#147;<U>Temporary Global
Class</U><U></U><U>&nbsp;D Note</U>&#148; or a &#147;<U>Temporary Global Class</U><U></U><U>&nbsp;R Note</U>&#148;, as the case may be, and collectively the &#147;<U>Temporary Global Series <FONT STYLE="white-space:nowrap">2019-2</FONT>
Notes</U>&#148;), substantially in the form set forth in <U>Exhibits A</U><U><FONT STYLE="white-space:nowrap">-2</FONT></U>, <U><FONT STYLE="white-space:nowrap">B-2</FONT></U>, <U>C</U><U><FONT STYLE="white-space:nowrap">-2</FONT></U>, <U><FONT
STYLE="white-space:nowrap">D-2</FONT></U> and <U><FONT STYLE="white-space:nowrap">E-2</FONT></U> which shall be deposited on behalf of the purchasers of such Class&nbsp;of the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Notes represented
thereby with a custodian for, and registered in the name of a nominee of DTC, for the account of Euroclear Bank S.A./N.V., as operator of the Euroclear System, or for Clearstream Banking, soci&eacute;t&eacute; anonyme, duly executed by ABRCF and
authenticated by the Trustee in the manner set forth in Section&nbsp;2.4 of the Base Indenture. Interests in each Temporary Global Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Note will be exchangeable, in whole or in part, for interests in
one or more permanent global notes in registered form without interest coupons (each, a &#147;<U>Permanent Global Class</U><U></U><U>&nbsp;A Note</U>&#148;, a &#147;<U>Permanent Global Class</U><U></U><U>&nbsp;B Note</U>&#148;, a &#147;<U>Permanent
Global Class</U><U></U><U>&nbsp;C Note</U>&#148;, a &#147;<U>Permanent Global Class</U><U></U><U>&nbsp;D Note</U>&#148; or a &#147;<U>Permanent Global Class</U><U></U><U>&nbsp;R Note</U>&#148;, as the case may be, and collectively the
&#147;<U>Permanent Global Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Notes</U>&#148;), substantially in the form of <U>Exhibits A</U><U><FONT STYLE="white-space:nowrap">-3</FONT></U>, <U><FONT STYLE="white-space:nowrap">B-3</FONT></U>,
<U>C</U><U><FONT STYLE="white-space:nowrap">-3</FONT></U>, <U><FONT STYLE="white-space:nowrap">D-3</FONT></U> and <U><FONT STYLE="white-space:nowrap">E-3</FONT></U> in accordance with the provisions of such Temporary Global Series <FONT
STYLE="white-space:nowrap">2019-2</FONT> Note and the Base Indenture (as modified by this Supplement). Interests in a Permanent Global Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Note will be exchangeable for a definitive Series <FONT
STYLE="white-space:nowrap">2019-2</FONT> Note in accordance with the provisions of such Permanent Global Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Note and the Base Indenture (as modified by this Supplement). </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">72 </P>

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 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>ARTICLE V </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>GENERAL </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;5.1. <U>Optional Repurchase</U>. (a)&nbsp;The Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Notes shall be subject to
repurchase by ABRCF at its option in accordance with Section&nbsp;6.3 of the Base Indenture on any Distribution Date (any such Distribution Date, a &#147;<U><FONT STYLE="white-space:nowrap">Clean-up</FONT> Repurchase Distribution Date</U>&#148;)
after the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Invested Amount is reduced to an amount less than or equal to 10% of the sum of the Class&nbsp;A Initial Invested Amount, the Class&nbsp;B Initial Invested Amount, the Class&nbsp;C
Initial Invested Amount, the Class&nbsp;D Notes Initial Invested Amount, the Class&nbsp;R Initial Invested Amount and the aggregate principal amount of any Additional Class&nbsp;R Notes (the &#147;<U>Series
<FONT STYLE="white-space:nowrap">2019-2</FONT> Repurchase Amount</U>&#148;). The repurchase price for any Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Note subject to a <FONT STYLE="white-space:nowrap">Clean-up</FONT> Repurchase shall equal
the aggregate outstanding principal balance of such Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Note (determined after giving effect to any payments of principal and interest on such Distribution Date), <U>plus</U> accrued and unpaid
interest on such outstanding principal balance. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(a) The Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Notes shall also be subject
to repurchase at the election of the ABRCF in accordance with Section&nbsp;6.3 of the Base Indenture, in whole but not in part, on any Distribution Date (any such Distribution Date, an &#147;<U>Optional Repurchase Distribution Date</U>&#148;) that
occurs prior to the earlier to occur of (x)&nbsp;the commencement of the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Rapid Amortization Period and (y)&nbsp;the <FONT STYLE="white-space:nowrap">Clean-up</FONT> Repurchase Distribution Date
(any such repurchase, an &#147;<U>Optional Repurchase</U>&#148;). The repurchase price for any Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Note subject to an Optional Repurchase shall equal (1)&nbsp;the aggregate outstanding principal
balance of such Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Note (determined after giving effect to any payments made pursuant to Section&nbsp;2.5(a) on such Distribution Date), <U>plus</U> (2)&nbsp;accrued and unpaid interest on such
outstanding principal balance (determined after giving effect to any payments made pursuant to Section&nbsp;2.4 on such Distribution Date) <U>plus</U> (3)&nbsp;the Make Whole Payment with respect to such Series
<FONT STYLE="white-space:nowrap">2019-2</FONT> Note. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;5.2. <U>Information</U>. The Trustee shall provide to the Series <FONT
STYLE="white-space:nowrap">2019-2</FONT> Noteholders, or their designated agent, copies of all information furnished to the Trustee or ABRCF pursuant to the Related Documents, as such information relates to the Series
<FONT STYLE="white-space:nowrap">2019-2</FONT> Notes or the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Collateral. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;5.3. <U>Exhibits</U>. The following exhibits attached hereto supplement the exhibits included in the Base Indenture. </P>
<P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="80%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" ALIGN="center">


<TR>

<TD WIDTH="10%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="89%"></TD></TR>


<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"><U><FONT STYLE="white-space:nowrap">Exhibit&nbsp;A-1:</FONT></U></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Form of Restricted Global Class&nbsp;A Note</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"><U><FONT STYLE="white-space:nowrap">Exhibit&nbsp;A-2:</FONT></U></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Form of Temporary Global Class&nbsp;A Note</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"><U><FONT STYLE="white-space:nowrap">Exhibit&nbsp;A-3:</FONT></U></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Form of Permanent Global Class&nbsp;A Note</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"><U>Exhibit <FONT STYLE="white-space:nowrap">B-1:</FONT></U></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Form of Restricted Global Class&nbsp;B Note</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"><U>Exhibit <FONT STYLE="white-space:nowrap">B-2:</FONT></U></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Form of Temporary Global Class&nbsp;B Note</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"><U>Exhibit <FONT STYLE="white-space:nowrap">B-3:</FONT></U></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Form of Permanent Global Class&nbsp;B Note</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"><U>Exhibit <FONT STYLE="white-space:nowrap">C-1:</FONT></U></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Form of Restricted Global Class&nbsp;C Note</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"><U>Exhibit <FONT STYLE="white-space:nowrap">C-2:</FONT></U></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Form of Temporary Global Class&nbsp;C Note</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"><U>Exhibit <FONT STYLE="white-space:nowrap">C-3:</FONT></U></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Form of Permanent Global Class&nbsp;C Note</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"><U><FONT STYLE="white-space:nowrap">Exhibit&nbsp;D-1:</FONT></U></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Form of Restricted Global Class&nbsp;D Note</TD></TR></TABLE>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">73 </P>

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<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="80%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" ALIGN="center">


<TR>

<TD WIDTH="10%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="89%"></TD></TR>

<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="bottom"><U><FONT STYLE="white-space:nowrap">Exhibit&nbsp;D-2:</FONT></U></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Form of Temporary Global Class&nbsp;D Note</P></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="bottom"><U><FONT STYLE="white-space:nowrap">Exhibit&nbsp;D-3:</FONT></U></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Form of Permanent Global Class&nbsp;D Note</P></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"><U>Exhibit <FONT STYLE="white-space:nowrap">E-1:</FONT></U></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Form of Restricted Global Class&nbsp;R Note</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"><U>Exhibit <FONT STYLE="white-space:nowrap">E-2:</FONT></U></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Form of Temporary Global Class&nbsp;R Note</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"><U>Exhibit <FONT STYLE="white-space:nowrap">E-3:</FONT></U></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Form of Permanent Global Class&nbsp;R Note</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"><U>Exhibit F:</U></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Form of Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Demand Note</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"><U>Exhibit G:</U></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Form of Letter of Credit</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"><U>Exhibit H:</U></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Form of Lease Payment Deficit Notice</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"><U>Exhibit I:</U></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Form of Demand Notice</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"><U>Exhibit <FONT STYLE="white-space:nowrap">J-1:</FONT></U></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Class&nbsp;A/B/C Form of Supplemental Indenture No.&nbsp;4 to the Base Indenture</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"><U>Exhibit <FONT STYLE="white-space:nowrap">J-2:</FONT></U></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Class&nbsp;D Form of Supplemental Indenture No.&nbsp;4 to the Base Indenture</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"><U><FONT STYLE="white-space:nowrap">Exhibit&nbsp;K-1:</FONT></U></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Class&nbsp;A/B/C Form of Amendment to the AESOP I Operating Lease</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"><U>Exhibit <FONT STYLE="white-space:nowrap">K-2:</FONT></U></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Class&nbsp;D Form of Amendment to the AESOP I Operating Lease</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"><U><FONT STYLE="white-space:nowrap">Exhibit&nbsp;L-1:</FONT></U></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Class&nbsp;A/B/C Form of Amendment to the Finance Lease</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"><U>Exhibit <FONT STYLE="white-space:nowrap">L-2:</FONT></U></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Class&nbsp;D Form of Amendment to the Finance Lease</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"><U><FONT STYLE="white-space:nowrap">Exhibit&nbsp;M-1:</FONT></U></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Class&nbsp;A/B/C Form of Amendment to the AESOP I Operating Lease Loan Agreement</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"><U><FONT STYLE="white-space:nowrap">Exhibit&nbsp;M-2:</FONT></U></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Class&nbsp;D Form of Amendment to the AESOP I Operating Lease Loan Agreement</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"><U>Exhibit <FONT STYLE="white-space:nowrap">N-1:</FONT></U></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Class&nbsp;A/B/C Form of Amendment to the AESOP I Finance Lease Loan Agreement</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"><U>Exhibit <FONT STYLE="white-space:nowrap">N-2:</FONT></U></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Class&nbsp;D Form of Amendment to the AESOP I Finance Lease Loan Agreement</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"><U>Exhibit O:</U></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Form of Amendment to the Escrow Agreement</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"><U>Exhibit P:</U></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Form of Amendment to the Administration Agreement</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"><U>Exhibit Q:</U></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Form of Transfer Certificate for Class&nbsp;D Notes</TD></TR>
</TABLE> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;5.4. <U>Ratification of Base Indenture</U>. As supplemented by this Supplement, the Base
Indenture is in all respects ratified and confirmed and the Base Indenture as so supplemented by this Supplement shall be read, taken, and construed as one and the same instrument. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;5.5. <U>Counterparts</U>. This Supplement may be executed in any number of counterparts, each of which so executed shall be
deemed to be an original, but all of such counterparts shall together constitute but one and the same instrument. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;5.6.
<U>Governing Law</U>. This Supplement shall be construed in accordance with the law of the State of New York, and the obligations, rights and remedies of the parties hereto shall be determined in accordance with such law. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;5.7. <U>Amendments</U>. This Supplement may be modified or amended from time to time in accordance with the terms of the Base
Indenture; <U>provided</U>, <U>however</U>, that if, </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">74 </P>

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 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">
pursuant to the terms of the Base Indenture or this Supplement, the consent of the Required Noteholders is required for an amendment or modification of this Supplement or any other Related
Document, such requirement shall be satisfied if such amendment or modification is consented to by the Requisite Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Noteholders; <U>provided</U>, <U>further</U>, that, so long as (i)&nbsp;no
Amortization Event has occurred and is continuing and (ii)&nbsp;the Rating Agency Consent Condition is met with respect to the outstanding Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Notes, ABRCF shall be able to (x)&nbsp;increase the
Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Maximum Hyundai Amount up to an amount not to exceed 30% of the aggregate Net Book Value of all Vehicles leased under the Leases and/or (y)&nbsp;increase the Series
<FONT STYLE="white-space:nowrap">2019-2</FONT> Maximum Kia Amount up to an amount not to exceed 15% of the aggregate Net Book Value of all Vehicles leased under the Leases at any time without the consent of the Series
<FONT STYLE="white-space:nowrap">2019-2</FONT> Noteholders by giving written notice of such increase to the Trustee along with an Officer&#146;s Certificate certifying that no Amortization Event has occurred and is continuing. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;5.8. <U>Discharge of Base Indenture</U>. Notwithstanding anything to the contrary contained in the Base Indenture, no discharge
of the Indenture pursuant to Section&nbsp;11.1(b) of the Base Indenture will be effective as to the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Notes without the consent of the Requisite Series
<FONT STYLE="white-space:nowrap">2019-2</FONT> Noteholders. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;5.9. <U>Notice to Rating Agencies</U>. The Trustee shall provide
to each Rating Agency a copy of each notice, opinion of counsel, certificate or other item delivered to, or required to be provided by, the Trustee pursuant to this Supplement or any other Related Document. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;5.10. <U>Capitalization of ABRCF</U>. ABRCF agrees that on the Class&nbsp;D Notes Closing Date it will have capitalization in an
amount equal to or greater than 3% of the sum of (x)&nbsp;the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Invested Amount and (y)&nbsp;the invested amount of the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Notes, the Series <FONT
STYLE="white-space:nowrap">2011-4</FONT> Notes, the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Notes, the Series <FONT STYLE="white-space:nowrap">2016-1</FONT> Notes, the Series <FONT STYLE="white-space:nowrap">2016-2</FONT> Notes, the <FONT
STYLE="white-space:nowrap">2017-1</FONT> Notes, the <FONT STYLE="white-space:nowrap">2017-2</FONT> Notes, the Series <FONT STYLE="white-space:nowrap">2018-1</FONT> Notes, the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Notes, the Series <FONT
STYLE="white-space:nowrap">2019-1</FONT> Notes, the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Notes, the Series <FONT STYLE="white-space:nowrap">2019-3</FONT> Notes, the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Notes, the
Series <FONT STYLE="white-space:nowrap">2020-2</FONT> Notes and the Series <FONT STYLE="white-space:nowrap">2021-1</FONT> Notes. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;5.11. <U>Required Noteholders</U>. Subject to Section&nbsp;5.7 above, any action pursuant to Section&nbsp;5.6, Section&nbsp;8.13
or Article 9 of the Base Indenture that requires the consent of, or is permissible at the direction of, the Required Noteholders with respect to the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Notes pursuant to the Base Indenture shall
only be allowed with the consent of, or at the direction of, the Required Controlling Class&nbsp;Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Noteholders. Any other action pursuant to any Related Document which requires the consent or
approval of, or the waiver by, the Required Noteholders with respect to the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Notes shall require the consent or approval of, or waiver by, the Requisite Series
<FONT STYLE="white-space:nowrap">2019-2</FONT> Noteholders. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;5.12. <U>Series <FONT STYLE="white-space:nowrap">2019-2</FONT>
Demand Notes</U>. Other than pursuant to a demand thereon pursuant to Section&nbsp;2.5, ABRCF shall not reduce the amount of the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Demand Notes or forgive amounts payable thereunder so that the
outstanding principal amount of the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Demand Notes after such reduction or forgiveness is less than the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Letter of Credit Liquidity Amount.
ABRCF shall not agree to any amendment of the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Demand Notes without first satisfying the Rating Agency Confirmation Condition and the Rating Agency Consent Condition. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">75 </P>

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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;5.13. <U>Termination of Supplement</U>. This Supplement shall cease to be of
further effect when all outstanding Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Notes theretofore authenticated and issued have been delivered (other than destroyed, lost, or stolen Series <FONT STYLE="white-space:nowrap">2019-2</FONT>
Notes which have been replaced or paid) to the Trustee for cancellation, ABRCF has paid all sums payable hereunder, and, if the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Demand Note Payment Amount on the Series <FONT
STYLE="white-space:nowrap">2019-2</FONT> Letter of Credit Termination Date was greater than zero, all amounts have been withdrawn from the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Cash Collateral Accounts in accordance with
Section&nbsp;2.8(m). </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;5.14. <U>Noteholder Consent to Certain Amendments</U>. (a)&nbsp;Each Series <FONT
STYLE="white-space:nowrap">2019-2</FONT> Noteholder, upon any acquisition of a Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Note, will be deemed to agree and consent to (i)&nbsp;the execution by ABRCF of a Supplemental Indenture to the Base
Indenture substantially in the form of <U>Exhibit <FONT STYLE="white-space:nowrap">J-1</FONT></U> hereto, (ii)&nbsp;the execution of an amendment to the AESOP I Operating Lease substantially in the form of <U>Exhibit
<FONT STYLE="white-space:nowrap">K-1</FONT></U> hereto, (iii)&nbsp;the execution of an amendment to the Finance Lease substantially in the form of <U>Exhibit <FONT STYLE="white-space:nowrap">L-1</FONT></U> hereto, (iv)&nbsp;the execution of an
amendment to the AESOP I Operating Lease Loan Agreement substantially in the form of <U>Exhibit <FONT STYLE="white-space:nowrap">M-1</FONT></U> hereto and (v)&nbsp;the execution of an amendment to the AESOP I Finance Lease Loan Agreement
substantially in the form of <U>Exhibit <FONT STYLE="white-space:nowrap">N-1</FONT></U> hereto. Such deemed consent will apply to each proposed amendment set forth in <U>Exhibits <FONT STYLE="white-space:nowrap">J-1</FONT></U>, <U><FONT
STYLE="white-space:nowrap">K-1</FONT></U>, <U><FONT STYLE="white-space:nowrap">L-1</FONT></U>, <U><FONT STYLE="white-space:nowrap">M-1</FONT></U> and <U><FONT STYLE="white-space:nowrap">N-1</FONT></U> individually, and the failure to adopt any of
the amendments set forth therein will not revoke the consent with respect to any other amendment. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(b) Each Class&nbsp;D Noteholder, upon
any acquisition of a Class&nbsp;D Note, will be deemed to agree and consent to (i)&nbsp;the execution by ABRCF of a Supplemental Indenture to the Base Indenture substantially in the form of <U>Exhibit <FONT STYLE="white-space:nowrap">J-2</FONT></U>
hereto, (ii)&nbsp;the execution of an amendment to the AESOP I Operating Lease substantially in the form of <U>Exhibit <FONT STYLE="white-space:nowrap">K-2</FONT></U> hereto, (iii)&nbsp;the execution of an amendment to the Finance Lease
substantially in the form of <U>Exhibit <FONT STYLE="white-space:nowrap">L-2</FONT></U> hereto, (iv)&nbsp;the execution of an amendment to the AESOP I Operating Lease Loan Agreement substantially in the form of <U>Exhibit <FONT
STYLE="white-space:nowrap">M-2</FONT></U> hereto, (v)&nbsp;the execution of an amendment to the AESOP I Finance Lease Loan Agreement substantially in the form of <U>Exhibit <FONT STYLE="white-space:nowrap">N-2</FONT></U> hereto, (vi)&nbsp;the
execution of an amendment to the Escrow Agreement substantially in the form of <U>Exhibit O</U> hereto and (vii)&nbsp;the execution of an amendment to the Administration Agreement substantially in the form of <U>Exhibit P</U> hereto. Such deemed
consent will apply to each proposed amendment set forth in <U>Exhibits <FONT STYLE="white-space:nowrap">J-2</FONT></U>, <U><FONT STYLE="white-space:nowrap">K-2</FONT></U>, <U><FONT STYLE="white-space:nowrap">L-2</FONT></U>, <U><FONT
STYLE="white-space:nowrap">M-2</FONT></U>, <U><FONT STYLE="white-space:nowrap">N-2</FONT></U>, <U>O</U> and <U>P</U> individually, and the failure to adopt any of the amendments set forth therein will not revoke the consent with respect to any other
amendment. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;5.15. <U>[Reserved]</U>. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;5.16. <U>Confidential Information</U>. (a)&nbsp;The Trustee and each Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Note
Owner agrees, by its acceptance and holding of a beneficial interest in a Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Note, to maintain the confidentiality of all Confidential Information in accordance with procedures adopted by the
Trustee or such Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Note Owner in good faith to protect confidential information of third parties delivered to such Person; <U>provided</U>, <U>however</U>, that such Person may deliver or disclose
Confidential Information to: (i)&nbsp;such Person&#146;s directors, trustees, officers, employees, agents, attorneys, independent or internal auditors and affiliates who agree to hold confidential the Confidential Information substantially in
accordance with the terms of this Section&nbsp;5.16; (ii) such Person&#146;s financial advisors and other professional advisors who agree to hold confidential the Confidential Information substantially in accordance with the terms of this
Section&nbsp;5.16; (iii) any other Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Note Owner; (iv)&nbsp;any Person of the type that would be, to such </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">76 </P>

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Person&#146;s knowledge, permitted to acquire an interest in the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Notes in accordance with the requirements of the Indenture to which such
Person sells or offers to sell any such Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Note or any part thereof and that agrees to hold confidential the Confidential Information substantially in accordance with this Section&nbsp;5.16 (or in
accordance with such other confidentiality procedures as are acceptable to ABRCF); (v) any federal or state or other regulatory, governmental or judicial authority having jurisdiction over such Person; (vi)&nbsp;the National Association of Insurance
Commissioners or any similar organization, or any nationally recognized rating agency that requires access to information about the investment portfolio of such Person, (vii)&nbsp;any reinsurers or liquidity or credit providers that agree to hold
confidential the Confidential Information substantially in accordance with this Section&nbsp;5.16 (or in accordance with such other confidentiality procedures as are acceptable to ABRCF); (viii) any other Person with the consent of ABRCF; or
(ix)&nbsp;any other Person to which such delivery or disclosure may be necessary or appropriate (A)&nbsp;to effect compliance with any law, rule, regulation, statute or order applicable to such Person, (B)&nbsp;in response to any subpoena or other
legal process upon prior notice to ABRCF (unless prohibited by applicable law, rule, order or decree or other requirement having the force of law), (C) in connection with any litigation to which such Person is a party upon prior notice to ABRCF
(unless prohibited by applicable law, rule, order or decree or other requirement having the force of law) or (D)&nbsp;if an Amortization Event with respect to the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Notes has occurred and is
continuing, to the extent such Person may reasonably determine such delivery and disclosure to be necessary or appropriate in the enforcement or for the protection of the rights and remedies under the Series
<FONT STYLE="white-space:nowrap">2019-2</FONT> Notes, the Indenture or any other Related Document; <U>provided</U>, <U>further</U>, that delivery to any Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Note Owner of any report or information
required by the terms of the Indenture to be provided to such Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Note Owner shall not be a violation of this Section&nbsp;5.16. Each Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Note Owner
agrees, by acceptance of a beneficial interest in a Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Note, except as set forth in clauses (v), (vi) and (ix)&nbsp;above, that it shall use the Confidential Information for the sole purpose of
making an investment in the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Notes or administering its investment in the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Notes. In the event of any required disclosure of the Confidential
Information by such Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Note Owner, such Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Note Owner agrees to use reasonable efforts to protect the confidentiality of the Confidential
Information. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(b) For the purposes of this Section&nbsp;5.16, &#147;<U>Confidential Information</U>&#148; means information delivered to
the Trustee or any Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Note Owner by or on behalf of ABRCF in connection with and relating to the transactions contemplated by or otherwise pursuant to the Indenture and the Related Documents;
<U>provided</U>, <U>however</U>, that such term does not include information that: (i)&nbsp;was publicly known or otherwise known to the Trustee or such Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Note Owner prior to the time of such
disclosure; (ii)&nbsp;subsequently becomes publicly known through no act or omission by the Trustee, any Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Note Owner or any person acting on behalf of the Trustee or any Series <FONT
STYLE="white-space:nowrap">2019-2</FONT> Note Owner; (iii)&nbsp;otherwise is known or becomes known to the Trustee or any Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Note Owner other than (x)&nbsp;through disclosure by ABRCF or (y)&nbsp;as
a result of the breach of a fiduciary duty to ABRCF or a contractual duty to ABRCF; or (iv)&nbsp;is allowed to be treated as <FONT STYLE="white-space:nowrap">non-confidential</FONT> by consent of ABRCF. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;5.17. <U>Capitalized Cost Covenant</U>. ABRCF hereby agrees that it shall not permit the aggregate Capitalized Cost for all
Vehicles purchased in any model year that are not subject to a Manufacturer Program to exceed 85% of the aggregate MSRP (Manufacturer Suggested Retail Price) of all such Vehicles; <U>provided</U>, <U>however</U>, that ABRCF shall not&nbsp;modify the
customary buying patterns or purchasing criteria used by the Administrator and its Affiliates with respect to the Vehicles if the primary purpose of such&nbsp;modification is&nbsp;to comply with this covenant. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">77 </P>

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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;5.18. <U>Further Limitation of Liability</U>. Notwithstanding anything in this
Supplement to the contrary, in no event shall the Trustee or its directors, officers, agents or employees be liable under this Supplement for special, indirect, punitive or consequential loss or damage of any kind whatsoever (including, but not
limited to, lost profits), even if the Trustee or its directors, officers, agents or employees have been advised of the likelihood of such loss or damage and regardless of the form of action. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;5.19. <U>Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Agent</U>. The Series
<FONT STYLE="white-space:nowrap">2019-2</FONT> Agent shall be entitled to the same rights, benefits, protections, indemnities and immunities hereunder as are granted to the Trustee under the Base Indenture as if set forth fully herein. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;5.20. <U>Force Majeure</U>. In no event shall the Trustee be liable for any failure or delay in the performance of its
obligations under this Supplement because of circumstances beyond the Trustee&#146;s control, including, but not limited to, a failure, termination, suspension of a clearing house, securities depositary, settlement system or central payment system
in any applicable part of the world or acts of God, flood, war (whether declared or undeclared), civil or military disturbances or hostilities, nuclear or natural catastrophes, political unrest, explosion, severe weather or accident, earthquake,
terrorism, fire, riot, labor disturbances, strikes or work stoppages for any reason, embargo, government action, including any laws, ordinances, regulations or the like (whether domestic, federal, state, county or municipal or foreign) which delay,
restrict or prohibit the providing of the services contemplated by this Supplement, or the unavailability of communications or computer facilities, the failure of equipment or interruption of communications or computer facilities, or the
unavailability of the Federal Reserve Bank wire or telex or other wire or communication facility, or any other causes beyond the Trustee&#146;s control whether or not of the same class or kind as specified above. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;5.21. <U>Waiver of Jury Trial, etc</U>. EACH OF THE PARTIES HERETO HEREBY KNOWINGLY, VOLUNTARILY AND INTENTIONALLY WAIVES (TO THE
EXTENT PERMITTED BY APPLICABLE LAW) ANY RIGHTS IT MAY HAVE TO A TRIAL BY JURY IN RESPECT OF ANY LITIGATION BASED HEREON, OR ARISING OUT OF, UNDER, OR IN CONNECTION WITH, THIS SUPPLEMENT, THE SERIES <FONT STYLE="white-space:nowrap">2019-2</FONT>
NOTES, THE SERIES <FONT STYLE="white-space:nowrap">2019-2</FONT> DEMAND NOTES, THE SERIES <FONT STYLE="white-space:nowrap">2019-2</FONT> LETTER OF CREDIT AND ANY OTHER RELATED DOCUMENTS EXECUTED IN CONNECTION WITH THE ISSUANCE OF THE SERIES <FONT
STYLE="white-space:nowrap">2019-2</FONT> NOTES, OR ANY COURSE OF CONDUCT, COURSE OF DEALING, STATEMENTS (WHETHER ORAL OR WRITTEN), OR ACTIONS OF THE PARTIES HERETO. THIS PROVISION IS A MATERIAL INDUCEMENT FOR THE PARTIES HERETO TO ENTER INTO THIS
SUPPLEMENT. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;5.22. <U>Submission to Jurisdiction</U>. EACH OF THE PARTIES HERETO HEREBY IRREVOCABLY SUBMITS (TO THE FULLEST
EXTENT PERMITTED BY APPLICABLE LAW) TO THE <FONT STYLE="white-space:nowrap">NON-EXCLUSIVE</FONT> JURISDICTION OF ANY NEW YORK STATE OR FEDERAL COURT SITTING IN THE BOROUGH OF MANHATTAN, NEW YORK CITY, STATE OF NEW YORK, OVER ANY ACTION OR PROCEEDING
ARISING OUT OF OR RELATING TO THIS SUPPLEMENT, THE SERIES <FONT STYLE="white-space:nowrap">2019-2</FONT> NOTES, THE </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">78 </P>

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SERIES <FONT STYLE="white-space:nowrap">2019-2</FONT> DEMAND NOTES, THE SERIES <FONT STYLE="white-space:nowrap">2019-2</FONT> LETTER OF CREDIT AND ANY OTHER RELATED DOCUMENTS EXECUTED IN
CONNECTION WITH THE ISSUANCE OF THE SERIES <FONT STYLE="white-space:nowrap">2019-2</FONT> NOTES AND EACH OF THE PARTIES HERETO HEREBY IRREVOCABLY AGREES THAT ALL CLAIMS IN RESPECT OF SUCH ACTION OR PROCEEDING MAY BE HEARD AND DETERMINED IN SUCH NEW
YORK STATE OR FEDERAL COURT. EACH OF THE PARTIES HERETO EACH HEREBY IRREVOCABLY WAIVES, TO THE FULLEST EXTENT PERMITTED BY LAW, ANY OBJECTION EACH MAY NOW OR HEREAFTER HAVE, TO THE LAYING OF VENUE IN ANY SUCH ACTION OR PROCEEDING IN ANY SUCH COURT
AS WELL AS ANY RIGHT EACH MAY NOW OR HEREAFTER HAVE, TO REMOVE ANY SUCH ACTION OR PROCEEDING, ONCE COMMENCED, TO ANOTHER COURT ON THE GROUNDS OF <U>FORUM</U> <U>NON</U> <U>CONVENIENS</U> OR OTHERWISE. NOTHING CONTAINED HEREIN SHALL PRECLUDE ANY
PARTY HERETO FROM BRINGING AN ACTION OR PROCEEDING ARISING OUT OF OR RELATING TO THIS SUPPLEMENT, THE SERIES <FONT STYLE="white-space:nowrap">2019-2</FONT> NOTES, THE SERIES <FONT STYLE="white-space:nowrap">2019-2</FONT> DEMAND NOTES, THE SERIES <FONT
STYLE="white-space:nowrap">2019-2</FONT> LETTER OF CREDIT AND ANY OTHER RELATED DOCUMENTS EXECUTED IN CONNECTION WITH THE ISSUANCE OF THE SERIES <FONT STYLE="white-space:nowrap">2019-2</FONT> NOTES IN ANY OTHER COUNTRY, STATE OR PLACE HAVING
JURISDICTION OVER SUCH ACTION OR PROCEEDING. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;5.23. <U>Additional Terms of the Series
<FONT STYLE="white-space:nowrap">2019-2</FONT> Notes</U><U> </U>. (a) Solely with respect to this Supplement and the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Notes: (a)&nbsp;The Opinion of Counsel set forth in
<U>Section</U><U></U><U>&nbsp;2.2(f)(i)(x)</U> of the Base Indenture shall not be required with respect to the Class&nbsp;R Notes. The Opinion of Counsel set forth in <U>Section</U><U></U><U>&nbsp;2.2(f)(i)(y)</U> of the Base Indenture shall not be
required with respect to the Class&nbsp;R Notes for any Series issued after the date hereof. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(b) The terms Rating Agency Confirmation
Condition and Rating Agency Consent Condition shall be deemed to be satisfied with respect to Fitch if ABRCF notifies Fitch of the applicable action at least ten (10)&nbsp;calendar days prior to such action (or, if Fitch agrees to less than ten
(10)&nbsp;calendar days&#146; notice, such lesser period) and Fitch has not notified ABRCF and the Trustee in writing that such action will result in a reduction or withdrawal of the rating given to the Class&nbsp;A Notes, the Class&nbsp;B Notes or
the Class&nbsp;C Notes by Fitch within such ten (10)&nbsp;calendar day (or lesser) period. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(c) The transfer by a purchaser or transferee
(other than an initial purchaser of Class&nbsp;D Notes) holding a beneficial interest in a Global Class&nbsp;D Note to a subsequent transferee (a &#147;<U>Transferee</U>&#148;) who wishes to take delivery thereof in the form of a beneficial interest
in such Global Class&nbsp;D Note will be made upon receipt by the Trustee, at the office of the Trustee, of a certificate in substantially the form set forth in <U>Exhibit Q</U> hereto. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;5.24. <U>Class D Notes Conditions Precedent</U><U> </U>. ABRCF may only issue Class&nbsp;D Notes upon the satisfaction of the
conditions precedent set forth in Section&nbsp;5.15 of the Prior Supplement. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">79 </P>

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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">IN WITNESS WHEREOF, ABRCF and the Trustee have caused this Supplement to be duly executed by
their respective officers thereunto duly authorized as of the day and year first above written. </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><DIV ALIGN="right">
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="40%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt">


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<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" COLSPAN="5">AVIS BUDGET RENTAL CAR FUNDING (AESOP) LLC</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">By:</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top" COLSPAN="3"> <P STYLE="margin-top:0pt; margin-bottom:1pt; border-bottom:1px solid #000000; font-size:10pt; font-family:Times New Roman">/s/ David Calabria</P></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">Name:</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">David Calabria</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">Title:</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">Senior Vice President and Treasurer</TD></TR>
</TABLE></DIV>
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 <DIV ALIGN="right">
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<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" COLSPAN="5">THE BANK OF NEW YORK MELLON TRUST COMPANY, N.A., as Trustee</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">By:</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top" COLSPAN="3"> <P STYLE="margin-top:0pt; margin-bottom:1pt; border-bottom:1px solid #000000; font-size:10pt; font-family:Times New Roman">/s/ Mitchell L. Brumwell</P></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">Name:</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">Mitchell L. Brumwell</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">Title:</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">Vice President</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="16" COLSPAN="5"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" COLSPAN="5">THE BANK OF NEW YORK MELLON TRUST COMPANY, N.A., as Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Agent</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">By:</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top" COLSPAN="3"> <P STYLE="margin-top:0pt; margin-bottom:1pt; border-bottom:1px solid #000000; font-size:10pt; font-family:Times New Roman">/s/ Mitchell L. Brumwell</P></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">Name:</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"><U></U>Mitchell L. Brumwell</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">Title:</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">Vice President</TD></TR>
</TABLE></DIV>
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 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><U>TABLE OF CONTENTS </U></P>
<P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
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<TD WIDTH="10%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="86%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:8pt">
<TD COLSPAN="3" VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000">Page</TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR STYLE="font-size:1pt">
<TD HEIGHT="8" COLSPAN="3"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" COLSPAN="3"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">ARTICLE I DEFINITIONS</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">2</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="8" COLSPAN="3"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" COLSPAN="3"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">ARTICLE II SERIES <FONT STYLE="white-space:nowrap">2019-2</FONT> ALLOCATIONS</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">33</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;2.1.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">Establishment of Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Collection Account, Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Excess Collection Account and Series <FONT STYLE="white-space:nowrap">2019-2</FONT>
Accrued Interest Account</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">33</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;2.2.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP>Allocations with Respect to the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Notes</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">34</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;2.3.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP>Payments to Noteholders</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">39</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;2.4.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP>Payment of Note Interest</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">45</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;2.5.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP>Payment of Note Principal</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">45</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;2.6.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP>Administrator&#146;s Failure to Instruct the Trustee to Make a Deposit or Payment</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">55</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;2.7.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP>Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Reserve Accounts</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">55</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;2.8.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP>Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Letters of Credit and <FONT STYLE="white-space:nowrap">2019-2</FONT> Cash Collateral Accounts</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">59</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;2.9.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP>Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Distribution Account</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">66</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;2.10.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP>Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Accounts Permitted Investments</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">68</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;2.11.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP>Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Demand Notes Constitute Additional Collateral for Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Senior Notes</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">68</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;2.12.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP>Subordination of the Class&nbsp;B Notes, Class&nbsp;C Notes, Class&nbsp;D Notes and the Class&nbsp;R Notes</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">69</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="8" COLSPAN="3"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" COLSPAN="3"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">ARTICLE III AMORTIZATION EVENTS</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">70</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="8" COLSPAN="3"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" COLSPAN="3"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">ARTICLE IV FORM OF SERIES <FONT STYLE="white-space:nowrap">2019-2</FONT>
NOTES</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">72</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;4.1.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP>Restricted Global Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Notes</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">72</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;4.2.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP>Temporary Global Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Notes; Permanent Global Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Notes</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">72</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="8" COLSPAN="3"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" COLSPAN="3"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">ARTICLE V GENERAL</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">73</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;5.1.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP>Optional Repurchase</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">73</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;5.2.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP>Information</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">73</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;5.3.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP>Exhibits</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">73</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;5.4.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP>Ratification of Base Indenture</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">74</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;5.5.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP>Counterparts</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">74</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;5.6.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP>Governing Law</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">74</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;5.7.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP>Amendments</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">74</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;5.8.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP>Discharge of Base Indenture</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">75</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;5.9.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP>Notice to Rating Agencies</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">75</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;5.10.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP>Capitalization of ABRCF</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">75</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;5.11.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP>Required Noteholders</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">75</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;5.12.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP>Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Demand Notes</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">75</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;5.13.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP>Termination of Supplement</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">76</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;5.14.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP>Noteholder Consent to Certain Amendments</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">76</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;5.15.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP>[Reserved]</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">76</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;5.16.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP>Confidential Information</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">76</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;5.17.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP>Capitalized Cost Covenant</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">77</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR></TABLE>
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<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="86%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
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<TD></TD>
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<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:8pt">
<TD COLSPAN="3" VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000">Page</TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;5.18.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP>Further Limitation of Liability</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">78</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;5.19.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP>Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Agent</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">78</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;5.20.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP>Force Majeure</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">78</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;5.21.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP>Waiver of Jury Trial, etc.</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">78</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;5.22.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP>Submission to Jurisdiction</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">78</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;5.23.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP>Additional Terms of the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Notes</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">79</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;5.24.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP>Class&nbsp;D Notes Conditions Precedent</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">79</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
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<DOCUMENT>
<TYPE>EX-10.3
<SEQUENCE>4
<FILENAME>d168700dex103.htm
<DESCRIPTION>EX-10.3
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<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="right"><B>Exhibit 10.3 </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="right">EXECUTION VERSION </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">AVIS BUDGET
RENTAL CAR FUNDING (AESOP) LLC, </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">as Issuer </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">and </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">THE BANK OF NEW YORK MELLON
TRUST COMPANY, N.A., </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">as Trustee and Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Agent </P>
<P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><center> <P STYLE="line-height:6.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1.00pt solid #000000;width:21%">&nbsp;</P></center>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">AMENDED AND RESTATED SERIES <FONT STYLE="white-space:nowrap">2020-1</FONT> SUPPLEMENT </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">dated as of </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">June&nbsp;18, 2021
</P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">to </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">SECOND AMENDED AND
RESTATED BASE INDENTURE </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">dated as of June&nbsp;3, 2004 </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><center>
<P STYLE="line-height:6.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1.00pt solid #000000;width:21%">&nbsp;</P></center> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">Series <FONT
STYLE="white-space:nowrap">2020-1</FONT> 2.33% Rental Car Asset Backed Notes, Class&nbsp;A </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">Series
<FONT STYLE="white-space:nowrap">2020-1</FONT> 2.68% Rental Car Asset Backed Notes, Class&nbsp;B </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">Series
<FONT STYLE="white-space:nowrap">2020-1</FONT> 3.02% Rental Car Asset Backed Notes, Class&nbsp;C </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">Series
<FONT STYLE="white-space:nowrap">2020-1</FONT> 3.34% Rental Car Asset Backed Notes, Class&nbsp;D </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">Series
<FONT STYLE="white-space:nowrap">2020-1</FONT> 4.753% Rental Car Asset Backed Notes, Class&nbsp;R </P>
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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">AMENDED AND RESTATED SERIES <FONT STYLE="white-space:nowrap">2020-1</FONT> SUPPLEMENT, dated
as of June&nbsp;18, 2021 (this &#147;<U>Supplement</U>&#148;), among AVIS BUDGET RENTAL CAR FUNDING (AESOP) LLC, a special purpose limited liability company established under the laws of Delaware (&#147;<U>ABRCF</U>&#148;), THE BANK OF NEW YORK
MELLON TRUST COMPANY, N.A. (formerly known as The Bank of New York), a limited purpose national banking association with trust powers, as trustee (in such capacity, and together with its successors in trust thereunder as provided in the Base
Indenture referred to below, the &#147;<U>Trustee</U>&#148;), and THE BANK OF NEW YORK MELLON TRUST COMPANY, N.A. (formerly known as The Bank of New York), as agent (in such capacity, the &#147;<U>Series
<FONT STYLE="white-space:nowrap">2020-1</FONT> Agent</U>&#148;) for the benefit of the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Noteholders, to the Second Amended and Restated Base Indenture, dated as of June&nbsp;3, 2004, between ABRCF
and the Trustee (as amended, modified or supplemented from time to time, exclusive of Supplements creating a new Series of Notes, the &#147;<U>Base Indenture</U>&#148;). </P>
<P STYLE="margin-top:24pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>PRELIMINARY STATEMENT </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">WHEREAS, Sections 2.2 and 12.1 of the Base Indenture provide, among other things, that ABRCF and the Trustee may at any time and from time to
time enter into a supplement to the Base Indenture for the purpose of authorizing the issuance of one or more Series of Notes; </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">WHEREAS,
ABRCF and the Trustee entered into the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Supplement, dated January&nbsp;22, 2020 (the &#147;<U>Prior Supplement</U>&#148;); </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">WHEREAS, on January, 2020, ABRCF issued its Series <FONT STYLE="white-space:nowrap">2020-1</FONT> 2.33% Rental Car Asset Backed Notes,
Class&nbsp;A, its Series <FONT STYLE="white-space:nowrap">2020-1</FONT> 2.68% Rental Car Asset Backed Notes, Class&nbsp;B, its Series <FONT STYLE="white-space:nowrap">2020-1</FONT> 3.02% Rental Car Asset Backed Notes, Class&nbsp;C, and its Series <FONT
STYLE="white-space:nowrap">2020-1</FONT> 4.753% Rental Car Asset Backed Notes, Class&nbsp;R under the Prior Supplement; </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">WHEREAS,
Section&nbsp;5.15 of the Prior Supplement permits ABRCF to issue Class&nbsp;D Notes and Additional Class&nbsp;R Notes and to make certain amendments to the Prior Supplement in connection with such issuance, subject, in each case, to certain
conditions set forth therein; </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">WHEREAS, ABRCF desires to issue Class&nbsp;D Notes and additional Class&nbsp;R Notes (the
&#147;<U>Additional Class</U><U></U><U>&nbsp;R Notes</U>&#148;) on the Class&nbsp;D Notes Closing Date; and </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">WHEREAS, in connection with
the issuance of the Class&nbsp;D Notes and Additional Class&nbsp;R Notes and in accordance with Section&nbsp;5.15 of the Prior Supplement, the Prior Supplement is amended and restated on the Class&nbsp;D Notes Closing Date in its entirety as set
forth herein; </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">NOW, THEREFORE, the parties hereto agree as follows: </P>
<P STYLE="margin-top:24pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>DESIGNATION </B></P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">There was
created a Series of Notes issued pursuant to the Base Indenture and the Prior Supplement, and such Series of Notes was designated generally as the &#147;Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Rental Car Asset Backed Notes&#148;. The
Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Notes were permitted to be issued in up to five Classes, the first of which is known as the &#147;Class&nbsp;A Notes&#148;, the second of which is known as the &#147;Class&nbsp;B Notes&#148;, the
third of which is known as the &#147;Class&nbsp;C Notes&#148;, the fourth of which is known as the &#147;Class&nbsp;R Notes&#148; and the fifth of which shall be known as the &#147;Class&nbsp;D Notes&#148;. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">1 </P>

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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">On the Class&nbsp;A/B/C Notes Closing Date, ABRCF issued (i)&nbsp;one tranche of
Class&nbsp;A Notes designated as the &#147;Series <FONT STYLE="white-space:nowrap">2020-1</FONT> 2.33% Rental Car Asset Backed Notes, Class&nbsp;A&#148;, (ii) one tranche of Class&nbsp;B Notes designated as the &#147;Series <FONT
STYLE="white-space:nowrap">2020-1</FONT> 2.68% Rental Car Asset Backed Notes, Class&nbsp;B&#148;, (iii) one tranche of Class&nbsp;C Notes designated as the &#147;Series <FONT STYLE="white-space:nowrap">2020-1</FONT> 3.02% Rental Car Asset Backed
Notes, Class&nbsp;C&#148; and (iv)&nbsp;one tranche of Class&nbsp;R Notes designated the &#147;Series <FONT STYLE="white-space:nowrap">2020-1</FONT> 4.753% Rental Car Asset Backed Notes, Class&nbsp;R&#148;. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">On the Class&nbsp;D Notes Closing Date, ABRCF shall issue (i)&nbsp;one tranche of Class&nbsp;D Notes designated as the &#147;Series <FONT
STYLE="white-space:nowrap">2020-1</FONT> Rental Car Asset Backed Notes, Class&nbsp;D&#148; and (ii)&nbsp;Additional Class&nbsp;R Notes. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">The Class&nbsp;A Notes, Class&nbsp;B Notes, Class&nbsp;C Notes, Class&nbsp;D Notes and Class&nbsp;R Notes collectively, constitute the Series <FONT
STYLE="white-space:nowrap">2020-1</FONT> Notes. The Class&nbsp;B Notes shall be subordinated in right of payment to the Class&nbsp;A Notes, to the extent set forth herein. The Class&nbsp;C Notes shall be subordinated in right of payment to the
Class&nbsp;A Notes and Class&nbsp;B Notes, to the extent set forth herein. The Class&nbsp;D Notes shall be subordinated in right of payment to the Class&nbsp;A Notes, Class&nbsp;B Notes and Class&nbsp;C Notes, to the extent set forth herein. The
Class&nbsp;R Notes shall be subordinated to the Class&nbsp;A Notes, the Class&nbsp;B Notes, the Class&nbsp;C Notes and the Class&nbsp;D Notes. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">The proceeds from the sale of the Class&nbsp;A Notes, Class&nbsp;B Notes, Class&nbsp;C Notes and Class&nbsp;R Notes were deposited in the
Collection Account and were deemed to be Principal Collections, and the proceeds from the sale of the Class&nbsp;D Notes and Additional Class&nbsp;R Notes shall be deposited in the Collection Account and shall be deemed to be Principal Collections.
</P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">The Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Notes are a <FONT STYLE="white-space:nowrap">non-Segregated</FONT> Series of
Notes (as more fully described in the Base Indenture). Accordingly, all references in this Supplement to &#147;all&#148; Series of Notes (and all references in this Supplement to terms defined in the Base Indenture that contain references to
&#147;all&#148; Series of Notes) shall refer to all Series of Notes other than Segregated Series of Notes. </P> <P STYLE="margin-top:24pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>ARTICLE I </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>DEFINITIONS </B></P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(a) All
capitalized terms not otherwise defined herein are defined in the Definitions List attached to the Base Indenture as Schedule I thereto. All Article, Section, Subsection or Exhibit references herein shall refer to Articles, Sections, Subsections or
Exhibits of this Supplement, except as otherwise provided herein. Unless otherwise stated herein, as the context otherwise requires or if such term is otherwise defined in the Base Indenture, each capitalized term used or defined herein shall relate
only to the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Notes and not to any other Series of Notes issued by ABRCF. In the event that a term used herein shall be defined both herein and in the Base Indenture, the definition of such term
herein shall govern. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(b) The following words and phrases shall have the following meanings with respect to the Series <FONT
STYLE="white-space:nowrap">2020-1</FONT> Notes and the definitions of such terms are applicable to the singular as well as the plural form of such terms and to the masculine as well as the feminine and neuter genders of such terms: </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">2 </P>

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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>ABCR</U>&#148; means Avis Budget Car Rental, LLC. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Additional Class</U><U></U><U>&nbsp;R Notes</U>&#148; is defined in the preamble hereto. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Adjusted Net Book Value</U>&#148; means, as of any date of determination, with respect to each Adjusted Program Vehicle as of such
date, the product of 0.965 and the Net Book Value of such Adjusted Program Vehicle as of such date. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Applicable Distribution
Date</U>&#148; means each Distribution Date occurring after the later of (i)&nbsp;the Optional Repurchase Distribution Date and (ii)&nbsp;the first Distribution Date occurring during the Series <FONT STYLE="white-space:nowrap">2020-1</FONT>
Controlled Amortization Period. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Business Day</U>&#148; means any day other than (a)&nbsp;a Saturday or a Sunday or (b)&nbsp;a
day on which banking institutions in New York City or in the city in which the corporate trust office of the Trustee is located are authorized or obligated by law or executive order to close. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Certificate of Lease Deficit Demand</U>&#148; means a certificate substantially in the form of <U>Annex A</U> to the Series <FONT
STYLE="white-space:nowrap">2020-1</FONT> Letters of Credit. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Certificate of Termination Date Demand</U>&#148; means a certificate
substantially in the form of <U>Annex D</U> to the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Letters of Credit. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Certificate of Termination Demand</U>&#148; means a certificate substantially in the form of <U>Annex C</U> to the Series <FONT
STYLE="white-space:nowrap">2020-1</FONT> Letters of Credit. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Certificate of Unpaid Demand Note Demand</U>&#148; means a
certificate substantially in the form of <U>Annex B</U> to the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Letters of Credit. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U>&#148; means a class of the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Notes, which may be the Class&nbsp;A
Notes, the Class&nbsp;B Notes, the Class&nbsp;C Notes, the Class&nbsp;D Notes or the Class&nbsp;R Notes. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;A Carryover Controlled Amortization Amount</U>&#148; means, with respect to any Related Month during the
Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Controlled Amortization Period, the amount, if any, by which the portion of the Monthly Total Principal Allocation paid to the Class&nbsp;A Noteholders pursuant to Section&nbsp;2.5(f)(i) for the
previous Related Month was less than the Class&nbsp;A Controlled Distribution Amount for the previous Related Month; <U>provided</U>, <U>however</U>, that for the first Related Month in the Series <FONT STYLE="white-space:nowrap">2020-1</FONT>
Controlled Amortization Period, the Class&nbsp;A Carryover Controlled Amortization Amount shall be zero. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;A Controlled Amortization Amount</U>&#148; means, (i)&nbsp;with respect to any Related Month during the
Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Controlled Amortization Period other than the Related Month immediately preceding the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Expected Final Distribution Date, $96,133,333.33 and
(ii)&nbsp;with respect to the Related Month immediately preceding the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Expected Final Distribution Date, $96,133,333.35. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;A Controlled Distribution Amount</U>&#148; means, with respect to any Related Month during the Series <FONT
STYLE="white-space:nowrap">2020-1</FONT> Controlled Amortization Period, an amount equal to the sum of the Class&nbsp;A Controlled Amortization Amount and any Class&nbsp;A Carryover Controlled Amortization Amount for such Related Month. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">3 </P>

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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;A Initial Invested Amount</U>&#148; means the aggregate
initial principal amount of the Class&nbsp;A Notes, which is $576,800,000. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;A Invested Amount</U>&#148;
means, when used with respect to any date, an amount equal to (a)&nbsp;the Class&nbsp;A Initial Invested Amount <U>minus</U> (b)&nbsp;the amount of principal payments made to Class&nbsp;A Noteholders on or prior to such date. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;A Monthly Interest</U>&#148; means, with respect to (i)&nbsp;the initial Series <FONT
STYLE="white-space:nowrap">2020-1</FONT> Interest Period, an amount equal to $783,967.33 and (ii)&nbsp;any other Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Interest Period, an amount equal to the product of
<FONT STYLE="white-space:nowrap">(A)&nbsp;one-twelfth</FONT> of the Class&nbsp;A Note Rate and (B)&nbsp;the Class&nbsp;A Invested Amount on the first day of such Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Interest Period, after giving
effect to any principal payments made on such date. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;A Note</U>&#148; means any one of the Series <FONT
STYLE="white-space:nowrap">2020-1</FONT> 2.33% Rental Car Asset Backed Notes, Class&nbsp;A, executed by ABRCF and authenticated by or on behalf of the Trustee, substantially in the form of <U>Exhibit
A</U><U><FONT STYLE="white-space:nowrap">-1</FONT></U>, <U>Exhibit <FONT STYLE="white-space:nowrap">A-2</FONT></U> or <U>Exhibit <FONT STYLE="white-space:nowrap">A-3</FONT></U>. Definitive Class&nbsp;A Notes shall have such insertions and deletions
as are necessary to give effect to the provisions of Section&nbsp;2.18 of the Base Indenture. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;A Note
Rate</U>&#148; means 2.33% per annum. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;A Noteholder</U>&#148; means the Person in whose name a
Class&nbsp;A Note is registered in the Note Register. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;A Shortfall</U>&#148; has the meaning set forth
in Section&nbsp;2.3(g)(i). </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;A/B/C Available Cash Collateral Account Amount</U>&#148; means, as of any
date of determination, the amount on deposit in the Class&nbsp;A/B/C Cash Collateral Account (after giving effect to any deposits thereto and withdrawals and releases therefrom on such date). </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;A/B/C Available Reserve Account Amount</U>&#148; means, as of any date of determination, the amount on
deposit in the Class&nbsp;A/B/C Reserve Account (after giving effect to any deposits thereto and withdrawals and releases therefrom on such date). </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;A/B/C Cash Collateral Account</U>&#148; is defined in Section&nbsp;2.8(h). </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;A/B/C Cash Collateral Account Collateral</U>&#148; is defined in Section&nbsp;2.8(a). </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;A/B/C Cash Collateral Account Surplus</U>&#148; means, with respect to any Distribution Date, the lesser of
(a)&nbsp;the Class&nbsp;A/B/C Available Cash Collateral Account Amount and (b)&nbsp;the least of (A)&nbsp;the excess, if any, of the Class&nbsp;A/B/C Liquidity Amount (after giving effect to any withdrawal from the Class&nbsp;A/B/C Reserve Account
on such Distribution Date) over the Class&nbsp;A/B/C Required Liquidity Amount on such Distribution Date, (B)&nbsp;the excess, if any, of the Class&nbsp;A/B/C Enhancement Amount (after giving effect to any withdrawal from the Class&nbsp;A/B/C
Reserve Account on such Distribution Date) over the Class&nbsp;A/B/C Required Enhancement Amount </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">4 </P>

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on such Distribution Date and (C)&nbsp;the excess, if any, of the Class&nbsp;D Enhancement Amount (after giving effect to any withdrawal from the Series
<FONT STYLE="white-space:nowrap">2020-1</FONT> Reserve Accounts on such Distribution Date) over the Class&nbsp;D Required Enhancement Amount on such Distribution Date; <U>provided</U>, <U>however</U>, that, on any date after the Series <FONT
STYLE="white-space:nowrap">2020-1</FONT> Letter of Credit Termination Date, the Class&nbsp;A/B/C Cash Collateral Account Surplus shall mean the excess, if any, of (x)&nbsp;the Class&nbsp;A/B/C Available Cash Collateral Account Amount over
(y)&nbsp;the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Demand Note Payment Amount <U>minus</U><I> </I>the <FONT STYLE="white-space:nowrap">Pre-Preference</FONT> Period Demand Note Payments as of such date. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;A/B/C Cash Collateral Percentage</U>&#148; means, as of any date of determination, the percentage equivalent
of a fraction, the numerator of which is the Class&nbsp;A/B/C Available Cash Collateral Account Amount as of such date and the denominator of which is the Class&nbsp;A/B/C Letter of Credit Liquidity Amount as of such date. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;A/B/C Enhancement Amount</U>&#148; means, as of any date of determination, the sum of (a)&nbsp;the
Class&nbsp;A/B/C Overcollateralization Amount as of such date, plus (b)&nbsp;the Class&nbsp;A/B/C Letter of Credit Amount as of such date, plus (c)&nbsp;the Class&nbsp;A/B/C Available Reserve Account Amount as of such date, plus (d)&nbsp;the amount
of cash and Permitted Investments on deposit in the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Collection Account (not including amounts allocable to the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Accrued Interest Account) and
the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Excess Collection Account as of such date. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;A/B/C Enhancement Deficiency</U>&#148; means, on any date of determination, the amount by which the
Class&nbsp;A/B/C Enhancement Amount is less than the Class&nbsp;A/B/C Required Enhancement Amount as of such date. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;A/B/C Invested Amount</U>&#148; means, as of any date of determination, the sum of the Class&nbsp;A Invested
Amount as of such date, the Class&nbsp;B Invested Amount as of such date and the Class&nbsp;C Invested Amount as of such date. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;A/B/C Letter of Credit</U>&#148; means an irrevocable letter of credit, if any, substantially in the form of
<U>Exhibit G</U> issued by a Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Eligible Letter of Credit Provider in favor of the Trustee for the benefit of the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Noteholders. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;A/B/C Letter of Credit Amount</U>&#148; means, as of any date of determination, the lesser of (a)&nbsp;the
sum of (i)&nbsp;the aggregate amount available to be drawn on such date under each Class&nbsp;A/B/C Letter of Credit (other than any Class&nbsp;A/B/C Letter of Credit on which a draw has been made pursuant to Section&nbsp;2.8(e)), as specified
therein, and (ii)&nbsp;if the Class&nbsp;A/B/C Cash Collateral Account has been established and funded pursuant to Section&nbsp;2.8, the Class&nbsp;A/B/C Available Cash Collateral Account Amount on such date and (b)&nbsp;the aggregate outstanding
principal amount of the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Demand Notes on such date. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;A/B/C Letter of Credit Expiration Date</U>&#148; means, with respect to any Class&nbsp;A/B/C Letter of
Credit, the expiration date set forth in such Class&nbsp;A/B/C Letter of Credit, as such date may be extended in accordance with the terms of such Class&nbsp;A/B/C Letter of Credit. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;A/B/C Letter of Credit Liquidity Amount</U>&#148; means, as of any date of determination, the sum of
(a)&nbsp;the aggregate amount available to be drawn on such date under each Class&nbsp;A/B/C Letter of Credit (other than any Class&nbsp;A/B/C Letter of Credit on which a draw has </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">5 </P>

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been made pursuant to Section&nbsp;2.8(e)), as specified therein, and (b)&nbsp;if the Class&nbsp;A/B/C Cash Collateral Account has been established and funded pursuant to Section&nbsp;2.8, the
Class&nbsp;A/B/C Availble Cash Collateral Account Amount on such date. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;A/B/C Liquidity Amount</U>&#148;
means, as of any date of determination, the sum of (a)&nbsp;the Class&nbsp;A/B/C Letter of Credit Liquidity Amount on such date and (b)&nbsp;the Class&nbsp;A/B/C Available Reserve Account Amount on such date. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;A/B/C Notes Closing Date</U>&#148; means January&nbsp;22, 2020. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;A/B/C Overcollateralization Amount</U>&#148; means, the excess, if any of (x)&nbsp;the Series <FONT
STYLE="white-space:nowrap">2020-1</FONT> AESOP I Operating Lease Loan Agreement Borrowing Base as of such date over (y)&nbsp;the sum of the Class&nbsp;A Invested Amount, the Class&nbsp;B Invested Amount and the Class&nbsp;C Invested Amount, in each
case, as of such date. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;A/B/C Percentage</U>&#148; means, (i)&nbsp;as of any date of determination on
which the Class&nbsp;A Notes, Class&nbsp;B Notes or Class&nbsp;D Notes remain outstanding, the lesser of (x) 100% and (y)&nbsp;the percentage equivalent of a fraction, the numerator of which is the sum of the Class&nbsp;A/B/C Invested Amount and the
Class&nbsp;A/B/C Required Overcollateralization Amount and the denominator of which is the sum of the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Invested Amount and the Class&nbsp;D Required Overcollateralization Amount and (ii)&nbsp;as
of any other date of determination, 0%. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;A/B/C Principal Deficit Amount</U>&#148; means, as of any date
of determination, the excess, if any, of (i)&nbsp;the Class&nbsp;A/B/C Invested Amount on such date (after giving effect to the distribution of the Monthly Total Principal Allocation for the Related Month if such date is a Distribution Date) over
(ii)&nbsp;the product of the Class&nbsp;A/B/C Percentage and the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> AESOP I Operating Lease Loan Agreement Borrowing Base on such date; <U>provided</U>, <U>however</U>, that the Class&nbsp;A/B/C
Principal Deficit Amount on any date occurring during the period commencing on and including the date of the filing by any of the Lessees of a petition for relief under Chapter 11 of the Bankruptcy Code to but excluding the date on which each of the
Lessees shall have resumed making all payments of the portion of Monthly Base Rent relating to interest payable on the Notes, will mean the excess, if any, of (x)&nbsp;the Class&nbsp;A/B/C Invested Amount on such date (after giving effect to the
distribution of Monthly Total Principal Allocation for the Related Month if such date is a Distribution Date) over (y)&nbsp;the sum of (1)&nbsp;the product of the Class&nbsp;A/B/C Percentage and the Series
<FONT STYLE="white-space:nowrap">2020-1</FONT> AESOP I Operating Lease Loan Agreement Borrowing Base on such date and (2)&nbsp;the lesser of (a)&nbsp;the Class&nbsp;A/B/C Liquidity Amount on such date and (b)&nbsp;the Class&nbsp;A/B/C Required
Liquidity Amount on such date. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;A/B/C Pro Rata Share</U>&#148; means, with respect to any Series <FONT
STYLE="white-space:nowrap">2020-1</FONT> Letter of Credit Provider as of any date, the fraction (expressed as a percentage) obtained by dividing (A)&nbsp;the available amount under such Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Letter of
Credit Provider&#146;s Class&nbsp;A/B/C Letter of Credit as of such date by (B)&nbsp;an amount equal to the aggregate available amount under all Class&nbsp;A/B/C Letters of Credit as of such date; <U>provided</U>, <U>however</U>, that only for
purposes of calculating the Class&nbsp;A/B/C Pro Rata Share with respect to any Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Letter of Credit Provider as of any date, if such Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Letter of
Credit Provider has not complied with its obligation to pay the Trustee the amount of any draw under its Class&nbsp;A/B/C Letter of Credit made prior to such date, the available amount under such Series <FONT STYLE="white-space:nowrap">2020-1</FONT>
Letter of Credit Provider&#146;s Class&nbsp;A/B/C Letter </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">6 </P>

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of Credit as of such date shall be treated as reduced (for calculation purposes only) by the amount of such unpaid demand and shall not be reinstated for purposes of such calculation unless and
until the date as of which such Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Letter of Credit Provider has paid such amount to the Trustee and been reimbursed by the Lessee or the applicable Demand Note Issuer, as the case may be, for such
amount (<U>provided</U>, <U>however</U>, that the foregoing calculation shall not in any manner reduce the undersigned&#146;s actual liability in respect of any failure to pay any demand under its Series
<FONT STYLE="white-space:nowrap">2020-1</FONT> Letter of Credit). </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;A/B/C Required Enhancement
Amount</U>&#148; means, as of any date of determination, the sum of (i)&nbsp;the greater of (A)&nbsp;the applicable Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Moody&#146;s Required Enhancement Amount as of such date and (B)&nbsp;the
Series <FONT STYLE="white-space:nowrap">2020-1</FONT> DBRS Required Enhancement Amount as of such date, (ii)&nbsp;the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> AESOP I Operating Lease Vehicle Percentage as of the immediately preceding
Business Day of the excess, if any, of the <FONT STYLE="white-space:nowrap">Non-Program</FONT> Vehicle Amount as of such date over the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Maximum <FONT STYLE="white-space:nowrap">Non-Program</FONT>
Vehicle Amount as of such date, (iii)&nbsp;the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> AESOP I Operating Lease Vehicle Percentage as of the immediately preceding Business Day of the excess, if any, of the aggregate Net Book Value of
all Vehicles manufactured by Mitsubishi and leased under the Leases as of such date over the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Maximum Mitsubishi Amount as of such date, (iv)&nbsp;the Series
<FONT STYLE="white-space:nowrap">2020-1</FONT> AESOP I Operating Lease Vehicle Percentage as of the immediately preceding Business Day of the excess, if any, of the aggregate Net Book Value of all Vehicles manufactured by Isuzu or Subaru,
individually, and leased under the Leases as of such date over the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Maximum Individual Isuzu/Subaru Amount as of such date, (v)&nbsp;the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> AESOP
I Operating Lease Vehicle Percentage as of the immediately preceding Business Day of the excess, if any, of the aggregate Net Book Value of all Vehicles manufactured by Hyundai and leased under the Leases as of such date over the Series <FONT
STYLE="white-space:nowrap">2020-1</FONT> Maximum Hyundai Amount as of such date, (vi)&nbsp;the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> AESOP I Operating Lease Vehicle Percentage as of the immediately preceding Business Day of the
excess, if any, of the aggregate Net Book Value of all Vehicles manufactured by Kia and leased under the Leases as of such date over the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Maximum Kia Amount as of such date, (vii)&nbsp;the Series <FONT
STYLE="white-space:nowrap">2020-1</FONT> AESOP I Operating Lease Vehicle Percentage as of the immediately preceding Business Day of the excess, if any, of the aggregate Net Book Value of all Vehicles manufactured by Suzuki and leased under the
Leases as of such date over the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Maximum Suzuki Amount as of such date, (viii)&nbsp;the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> AESOP I Operating Lease Vehicle Percentage as of the
immediately preceding Business Day of the excess, if any, of the Specified States Amount as of such date over the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Maximum Specified States Amount as of such date, (ix)&nbsp;the Series <FONT
STYLE="white-space:nowrap">2020-1</FONT> AESOP I Operating Lease Vehicle Percentage as of the immediately preceding Business Day of the excess, if any, of the <FONT STYLE="white-space:nowrap">Non-Eligible</FONT> Manufacturer Amount as of such date
over the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Maximum <FONT STYLE="white-space:nowrap">Non-Eligible</FONT> Manufacturer Amount as of such date and (x)&nbsp;the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> AESOP I Operating
Lease Vehicle Percentage as of the immediately preceding Business Day of the excess, if any, of the Net Book Value of all Vehicles leased under the Leases as of such date that were used vehicles at the time of acquisition over the Series <FONT
STYLE="white-space:nowrap">2020-1</FONT> Maximum Used Vehicle Amount as of such date. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;A/B/C Required
Liquidity Amount</U>&#148; means, as of any date of determination, an amount equal to the product of 2.00% and the Class&nbsp;A/B/C Senior Invested Amount as of such date. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">7 </P>

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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;A/B/C Required Overcollateralization Amount</U>&#148;
means, as of any date of determination, the excess, if any, of the Class&nbsp;A/B/C Required Enhancement Amount over the sum of (i)&nbsp;the Class&nbsp;A/B/C Letter of Credit Amount as of such date, (ii)&nbsp;the Class&nbsp;A/B/C Available Reserve
Account Amount on such date and (iii)&nbsp;the amount of cash and Permitted Investments on deposit in the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Collection Account (not including amounts allocable to the Series <FONT
STYLE="white-space:nowrap">2020-1</FONT> Accrued Interest Account) and the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Excess Collection Account on such date. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;A/B/C Required Reserve Account Amount</U>&#148; means, for any date of determination, an amount equal to the
greatest of (a)&nbsp;the excess, if any, of the Class&nbsp;A/B/C Required Liquidity Amount as of such date over the Class&nbsp;A/B/C Letter of Credit Liquidity Amount as of such date, (b)&nbsp;the excess, if any, of the Class&nbsp;A/B/C Required
Enhancement Amount as of such date over the Class&nbsp;A/B/C Enhancement Amount (excluding therefrom the Class&nbsp;A/B/C Available Reserve Account Amount and calculated after giving effect to any payments of principal to be made on the Series <FONT
STYLE="white-space:nowrap">2020-1</FONT> Notes) as of such date and (c)&nbsp;the excess, if any, of the Class&nbsp;D Required Enhancement Amount over the Class&nbsp;D Enhancement Amount (excluding therefrom the Class&nbsp;A/B/C Available Reserve
Account Amount and calculated after giving effect to any payments of principal to be made on the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Notes) as of such date. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;A/B/C Reserve Account</U>&#148; is defined in Section&nbsp;2.7(a). </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;A/B/C Reserve Account Collateral</U>&#148; is defined in Section&nbsp;2.7(d). </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;A/B/C Reserve Account Surplus</U>&#148; means, with respect to any Distribution Date, the excess, if any, of
the Class&nbsp;A/B/C Available Reserve Account Amount over the Class&nbsp;A/B/C Required Reserve Account Amount on such Distribution Date. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;B Carryover Controlled Amortization Amount</U>&#148; means, with respect to any Related Month during the
Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Controlled Amortization Period, the amount, if any, by which the portion of the Monthly Total Principal Allocation paid to the Class&nbsp;B Noteholders pursuant to Section&nbsp;2.5(f)(ii) for the
previous Related Month was less than the Class&nbsp;B Controlled Distribution Amount for the previous Related Month; <U>provided</U>, <U>however</U>, that for the first Related Month in the Series <FONT STYLE="white-space:nowrap">2020-1</FONT>
Controlled Amortization Period, the Class&nbsp;B Carryover Controlled Amortization Amount shall be zero. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;B Controlled Amortization Amount</U>&#148; means, (i)&nbsp;with respect to any Related Month during the
Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Controlled Amortization Period, $11,083,333.33 and (ii)&nbsp;with respect to the Related Month immediately preceding the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Expected Final
Distribution Date, $11,083,333.35. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;B Controlled Distribution Amount</U>&#148; means, with respect to
any Related Month during the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Controlled Amortization Period, an amount equal to the sum of the Class&nbsp;B Controlled Amortization Amount and any Class&nbsp;B Carryover Controlled Amortization
Amount for such Related Month. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;B Initial Invested Amount</U>&#148; means the aggregate initial
principal amount of the Class&nbsp;B Notes, which is $66,500,000. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">8 </P>

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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;B Invested Amount</U>&#148; means, when used with respect
to any date, an amount equal to (a)&nbsp;the Class&nbsp;B Initial Invested Amount <U>minus</U> (b)&nbsp;the amount of principal payments made to Class&nbsp;B Noteholders on or prior to such date. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;B Monthly Interest</U>&#148; means, with respect to (i)&nbsp;the initial Series <FONT
STYLE="white-space:nowrap">2020-1</FONT> Interest Period, an amount equal to $103,961.67 and (ii)&nbsp;any other Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Interest Period, an amount equal to the product of
<FONT STYLE="white-space:nowrap">(A)&nbsp;one-twelfth</FONT> of the Class&nbsp;B Note Rate and (B)&nbsp;the Class&nbsp;B Invested Amount on the first day of such Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Interest Period, after giving
effect to any principal payments made on such date. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;B Note</U>&#148; means any one of the Series <FONT
STYLE="white-space:nowrap">2020-1</FONT> 2.68% Rental Car Asset Backed Notes, Class&nbsp;B, executed by ABRCF and authenticated by or on behalf of the Trustee, substantially in the form of <U>Exhibit
B</U><U><FONT STYLE="white-space:nowrap">-1</FONT></U>, <U>Exhibit B</U><U><FONT STYLE="white-space:nowrap">-2</FONT></U> or <U>Exhibit B</U><U><FONT STYLE="white-space:nowrap">-3</FONT></U>. Definitive Class&nbsp;B Notes shall have such insertions
and deletions as are necessary to give effect to the provisions of Section&nbsp;2.18 of the Base Indenture. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;B Note Rate</U>&#148; means 2.68% per annum. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;B Noteholder</U>&#148; means the Person in whose name a Class&nbsp;B Note is registered in the Note
Register. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;B Shortfall</U>&#148; has the meaning set forth in Section&nbsp;2.3(g)(ii). </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;C Carryover Controlled Amortization Amount</U>&#148; means, with respect to any Related Month during the
Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Controlled Amortization Period, the amount, if any, by which the portion of the Monthly Total Principal Allocation paid to the Class&nbsp;C Noteholders pursuant to Section&nbsp;2.5(f)(iii) for
the previous Related Month was less than the Class&nbsp;C Controlled Distribution Amount for the previous Related Month; <U>provided</U>, <U>however</U>, that for the first Related Month in the Series <FONT STYLE="white-space:nowrap">2020-1</FONT>
Controlled Amortization Period, the Class&nbsp;C Carryover Controlled Amortization Amount shall be zero. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;C Controlled Amortization Amount</U>&#148; means, with respect to any Related Month during the Series <FONT
STYLE="white-space:nowrap">2020-1</FONT> Controlled Amortization Period, $9,450,000. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;C Controlled
Distribution Amount</U>&#148; means, with respect to any Related Month during the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Controlled Amortization Period, an amount equal to the sum of the Class&nbsp;C Controlled Amortization Amount and
any Class&nbsp;C Carryover Controlled Amortization Amount for such Related Month. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;C Initial Invested
Amount</U>&#148; means the aggregate initial principal amount of the Class&nbsp;C Notes, which is $56,700,000. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;C Invested Amount</U>&#148; means, when used with respect to any date, an amount equal to (a)&nbsp;the
Class&nbsp;C Initial Invested Amount <U>minus</U> (b)&nbsp;the amount of principal payments made to Class&nbsp;C Noteholders on or prior to such date. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;C Monthly Interest</U>&#148; means, with respect to (i)&nbsp;the initial Series <FONT
STYLE="white-space:nowrap">2020-1</FONT> Interest Period, an amount equal to $99,886.50 and (ii)&nbsp;any other Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Interest Period, an </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">9 </P>

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amount equal to the product of <FONT STYLE="white-space:nowrap">(A)&nbsp;one-twelfth</FONT> of the Class&nbsp;C Note Rate and (B)&nbsp;the Class&nbsp;C Invested Amount on the first day of such
Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Interest Period, after giving effect to any principal payments made on such date. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;C Note</U>&#148; means any one of the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> 3.02% Rental Car
Asset Backed Notes, Class&nbsp;C, executed by ABRCF and authenticated by or on behalf of the Trustee, substantially in the form of <U>Exhibit C</U><U><FONT STYLE="white-space:nowrap">-1</FONT></U>, <U>Exhibit
C</U><U><FONT STYLE="white-space:nowrap">-2</FONT></U> or <U>Exhibit C</U><U><FONT STYLE="white-space:nowrap">-3</FONT></U>. Definitive Class&nbsp;C Notes shall have such insertions and deletions as are necessary to give effect to the provisions of
Section&nbsp;2.18 of the Base Indenture. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;C Note Rate</U>&#148; means 3.02% per annum. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;C Noteholder</U>&#148; means the Person in whose name a Class&nbsp;C Note is registered in the Note
Register. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;C Shortfall</U>&#148; has the meaning set forth in Section&nbsp;2.3(g)(iii). </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;D Available Cash Collateral Account Amount</U>&#148; means, as of any date of determination, the amount on
deposit in the Class&nbsp;D Cash Collateral Account (after giving effect to any deposits thereto and withdrawals and releases therefrom on such date). </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;D Available Reserve Account Amount</U>&#148; means, as of any date of determination, the amount on deposit
in the Class&nbsp;D Reserve Account (after giving effect to any deposits thereto and withdrawals and releases therefrom on such date). </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;D Carryover Controlled Amortization Amount</U>&#148; means, with respect to any Related Month during the
Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Controlled Amortization Period, the amount, if any, by which the portion of the Monthly Total Principal Allocation paid to the Class&nbsp;D Noteholders pursuant to Section&nbsp;2.5(f)(iv) for the
previous Related Month was less than the Class&nbsp;D Controlled Distribution Amount for the previous Related Month; <U>provided</U>, <U>however</U>, that for the first Related Month in the Series <FONT STYLE="white-space:nowrap">2020-1</FONT>
Controlled Amortization Period, the Class&nbsp;D Carryover Controlled Amortization Amount shall be zero. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;D Cash Collateral</U>&#148; is defined in Section&nbsp;2.8(d). </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;D Cash Collateral Account</U>&#148; is defined in Section&nbsp;2.8(j). </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;D Cash Collateral Account Surplus</U>&#148; means, with respect to any Distribution Date, the lesser of
(a)&nbsp;the Class&nbsp;D Available Cash Collateral Account Amount and (b)&nbsp;the lesser of (A)&nbsp;the excess, if any, of the Class&nbsp;D Liquidity Amount (after giving effect to any withdrawal from the Class&nbsp;D Reserve Account on such
Distribution Date) over the Class&nbsp;D Required Liquidity Amount on such Distribution Date and (B)&nbsp;the excess, if any, of the Class&nbsp;D Enhancement Amount (after giving effect to any withdrawal from the Class&nbsp;A/B/C Reserve Account and
the Class&nbsp;D Reserve Account and any draws on the Class&nbsp;A/B/C Letters of Credit (or withdrawals from the Class&nbsp;A/B/C Cash Collateral Account) on such Distribution Date) over the Class&nbsp;D Required Enhancement Amount on such
Distribution Date; <U>provided</U>, <U>however</U> that, on any date after the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Letter of Credit Termination Date, the Class&nbsp;D Cash Collateral Account Surplus shall mean the excess, if any,
of (x)&nbsp;the Class&nbsp;D Available Cash Collateral Account Amount over (y)&nbsp;the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Demand Note Payment Amount <U>minus</U><I> </I>the <FONT STYLE="white-space:nowrap">Pre-Preference</FONT>
Period Demand Note Payments as of such date <U>minus</U> the Class&nbsp;A/B/C Cash Collateral Account Amount. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">10 </P>

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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;D Cash Collateral Percentage</U>&#148; means, as of any
date of determination, the percentage equivalent of a fraction, the numerator of which is the Class&nbsp;D Available Cash Collateral Amount as of such date and the denominator of which is the Class&nbsp;D Letter of Credit Liquidity Amount as of such
date. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;D Controlled Amortization Amount</U>&#148; means, (i)&nbsp;with respect to any Related Month
during the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Controlled Amortization Period other than the Related Month immediately preceding the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Expected Final Distribution Date,
$17,166,666.67 and (ii)&nbsp;with respect to the Related Month immediately preceding the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Expected Final Distribution Date, $17,166,666.67. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;D Controlled Distribution Amount</U>&#148; means, with respect to any Related Month during the Series <FONT
STYLE="white-space:nowrap">2020-1</FONT> Controlled Amortization Period, an amount equal to the sum of the Class&nbsp;D Controlled Amortization Amount and any Class&nbsp;D Carryover Controlled Amortization Amount for such Related Month. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;D Enhancement Amount</U>&#148; means, as of any date of determination, an amount equal to (a)&nbsp;the
Class&nbsp;D Overcollateralization Amount as of such date, plus (b)&nbsp;the Class&nbsp;D Letter of Credit Amount as of such date, plus (c)&nbsp;the Class&nbsp;D Available Reserve Account Amount as of such date, plus (d)&nbsp;the Class&nbsp;A/B/C
Letter of Credit Amount as of such date, plus (e)&nbsp;the Class&nbsp;A/B/C Available Reserve Account Amount as of such date, plus (f)&nbsp;the amount of cash and Permitted Investments on deposit in the Series
<FONT STYLE="white-space:nowrap">2020-1</FONT> Collection Account (not including amounts allocable to the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Accrued Interest Account) and the Series <FONT STYLE="white-space:nowrap">2020-1</FONT>
Excess Collection Account as of such date. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;D Enhancement Deficiency</U>&#148; means, on any date of
determination, the amount by which the Class&nbsp;D Enhancement Amount is less than the Class&nbsp;D Required Enhancement Amount as of such date. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;D Initial Invested Amount</U>&#148; means the aggregate initial principal amount of the Class&nbsp;D Notes,
which is $103,000,000. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;D Invested Amount</U>&#148; means, when used with respect to any date, an amount
equal to (a)&nbsp;the Class&nbsp;D Initial Invested Amount <U>minus</U> (b)&nbsp;the amount of principal payments made to Class&nbsp;D Noteholders on or prior to such date. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;D Letter of Credit</U>&#148; means an irrevocable letter of credit, if any, substantially in the form of
<U>Exhibit G</U> issued by a Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Eligible Letter of Credit Provider in favor of the Trustee for the benefit of the Class&nbsp;D Noteholders. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;D Letter of Credit Amount</U>&#148; means, as of any date of determination, the lesser of (a)&nbsp;the sum
of (i)&nbsp;the aggregate amount available to be drawn on such date under each Class&nbsp;D Letter of Credit (other than any Class&nbsp;D Letter of Credit on which any draw has been made pursuant to Section&nbsp;2.8(e)), as specified therein, and
(ii)&nbsp;if the Class&nbsp;D Cash Collateral Account has been established and funded pursuant to Section&nbsp;2.8, the Class&nbsp;D Available Cash Collateral Account Amount on such date and (b)&nbsp;the aggregate outstanding principal amount of the
Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Demand Notes on such date. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">11 </P>

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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;D Letter of Credit Expiration Date</U>&#148; means, with
respect to any Class&nbsp;D Letter of Credit, the expiration date set forth in such Class&nbsp;D Letter of Credit, as such date may be extended in accordance with the terms of such Class&nbsp;D Letter of Credit. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;D Letter of Credit Liquidity Amount</U>&#148; means, as of any date of determination, the sum of
(a)&nbsp;the aggregate amount available to be drawn on such date under each Class&nbsp;D Letter of Credit (other than any Class&nbsp;D Letter of Credit on which any draw has been made pursuant to Section&nbsp;2.8(e)), as specified therein, and
(b)&nbsp;if the Class&nbsp;D Cash Collateral Account has been established and funded pursuant to Section&nbsp;2.8, the Class&nbsp;D Available Cash Collateral Account Amount on such date. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;D Liquidity Amount</U>&#148; means, as of any date of determination, the sum of (a)&nbsp;the Class&nbsp;D
Letter of Credit Liquidity Amount on such date and (b)&nbsp;the Class&nbsp;D Available Reserve Account Amount on such date. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;D Monthly Interest</U>&#148; means, with respect to (i)&nbsp;the initial Series <FONT
STYLE="white-space:nowrap">2020-1</FONT> Interest Period for the Class&nbsp;D Notes, an amount equal to $286,683.33 and (ii)&nbsp;any other Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Interest Period, an amount equal to the product of <FONT
STYLE="white-space:nowrap">(A)&nbsp;one-twelfth</FONT> of the Class&nbsp;D Note Rate and (B)&nbsp;the Class&nbsp;D Invested Amount on the first day of such Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Interest Period, after giving effect to
any principal payments made on such date. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;D Note</U>&#148; means any one of the Series <FONT
STYLE="white-space:nowrap">2020-1</FONT> 3.34% Rental Car Asset Backed Notes, Class&nbsp;D, executed by ABRCF and authenticated by or on behalf of the Trustee, substantially in the form of <U>Exhibit
D</U><U><FONT STYLE="white-space:nowrap">-1</FONT></U>, <U>Exhibit D</U><U><FONT STYLE="white-space:nowrap">-2</FONT></U> or <U>Exhibit D</U><U><FONT STYLE="white-space:nowrap">-3</FONT></U>. Definitive Class&nbsp;D Notes shall have such insertions
and deletions as are necessary to give effect to the provisions of Section&nbsp;2.18 of the Base Indenture. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;D Note Rate</U>&#148; means 3.34% per annum. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;D Noteholder</U>&#148; means the Person in whose name a Class&nbsp;D Note is registered in the Note
Register. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;D Notes Closing Date</U>&#148; means June&nbsp;18, 2021. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;D Overcollateralization Amount</U>&#148; means, the excess, if any of (x)&nbsp;the Series <FONT
STYLE="white-space:nowrap">2020-1</FONT> AESOP I Operating Lease Loan Agreement Borrowing Base as of such date over (y)&nbsp;the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Invested Amount as of such date. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;D Percentage</U>&#148; means, as of any date of determination, a percentage equal to the excess, if any, of
(x) 100% over (y)&nbsp;the Class&nbsp;A/B/C Percentage as of such date. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;D Principal Deficit
Amount</U>&#148; means, as of any date of determination, the excess, if any, of (i)&nbsp;the Class&nbsp;D Invested Amount on such date (after giving effect to the distribution of the Monthly Total Principal Allocation for the Related Month if such
date is a Distribution Date) over (ii)&nbsp;the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> AESOP I Operating Lease Loan Agreement </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">12 </P>

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Borrowing Base on such date; <U>provided</U>, <U>however</U>, that the Class&nbsp;D Principal Deficit Amount on any date occurring during the period commencing on and including the date of the
filing by any of the Lessees of a petition for relief under Chapter 11 of the Bankruptcy Code to but excluding the date on which each of the Lessees shall have resumed making all payments of the portion of Monthly Base Rent relating to Loan Interest
required to be made under the AESOP I Operating Lease, shall mean the excess, if any, of (x)&nbsp;the Class&nbsp;D Invested Amount on such date (after giving effect to the distribution of Monthly Total Principal Allocation for the Related Month if
such date is a Distribution Date) over (y)&nbsp;the sum of (1)&nbsp;the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> AESOP I Operating Lease Loan Agreement Borrowing Base on such date and (2)&nbsp;the lesser of (a)&nbsp;the Class&nbsp;D
Liquidity Amount on such date and (b)&nbsp;the Class&nbsp;D Required Liquidity Amount on such date. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;D
Pro Rata Share</U>&#148; means, with respect to any Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Letter of Credit Provider as of any date, the fraction (expressed as a percentage) obtained by dividing (A)&nbsp;the available amount under
such Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Letter of Credit Provider&#146;s Class&nbsp;D Letter of Credit as of such date by (B)&nbsp;an amount equal to the aggregate available amount under all Class&nbsp;D Letters of Credit as of
such date; <U>provided</U>, <U>however</U>, that only for purposes of calculating the Class&nbsp;D Pro Rata Share with respect to any Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Letter of Credit Provider as of any date, if such Series <FONT
STYLE="white-space:nowrap">2020-1</FONT> Letter of Credit Provider has not complied with its obligation to pay the Trustee the amount of any draw under its Class&nbsp;D Letter of Credit made prior to such date, the available amount under such Series
<FONT STYLE="white-space:nowrap">2020-1</FONT> Letter of Credit Provider&#146;s Class&nbsp;D Letter of Credit as of such date shall be treated as reduced (for calculation purposes only) by the amount of such unpaid demand and shall not be reinstated
for purposes of such calculation unless and until the date as of which such Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Letter of Credit Provider has paid such amount to the Trustee and been reimbursed by the Lessee or the applicable
Demand Note Issuer, as the case may be, for such amount (<U>provided</U>, <U>however</U>, that the foregoing calculation shall not in any manner reduce the undersigned&#146;s actual liability in respect of any failure to pay any demand under its
Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Letter of Credit). </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;D Required Enhancement
Amount</U>&#148; means equal, as of any date of determination, the sum of (i)&nbsp;the applicable Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Moody&#146;s Required Enhancement Amount as of such date, (ii)&nbsp;the Series <FONT
STYLE="white-space:nowrap">2020-1</FONT> AESOP I Operating Lease Vehicle Percentage as of the immediately preceding Business Day of the excess, if any, of the aggregate Net Book Value of all Vehicles manufactured by Mitsubishi and leased under the
Leases as of such date over the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Maximum Mitsubishi Amount as of such date, (iii)&nbsp;the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> AESOP I Operating Lease Vehicle Percentage as of
the immediately preceding Business Day of the excess, if any, of the aggregate Net Book Value of all Vehicles manufactured by Isuzu or Subaru, individually, and leased under the Leases as of such date over the Series
<FONT STYLE="white-space:nowrap">2020-1</FONT> Maximum Individual Isuzu/Subaru Amount as of such date, (iv)&nbsp;the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> AESOP I Operating Lease Vehicle Percentage as of the immediately preceding
Business Day of the excess, if any, of the aggregate Net Book Value of all Vehicles manufactured by Hyundai and leased under the Leases as of such date over the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Maximum Hyundai Amount as of such
date, (v)&nbsp;the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> AESOP I Operating Lease Vehicle Percentage as of the immediately preceding Business Day of the excess, if any, of the aggregate Net Book Value of all Vehicles manufactured by
Kia and leased under the Leases as of such date over the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Maximum Kia Amount as of such date, (vi)&nbsp;the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> AESOP I Operating Lease Vehicle
Percentage as of the immediately preceding Business Day of the excess, if any, of the aggregate Net Book Value of all Vehicles manufactured by Suzuki and leased under the Leases as of such date over the Series
<FONT STYLE="white-space:nowrap">2020-1</FONT> Maximum Suzuki Amount as of such date, (vii)&nbsp;the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> AESOP I Operating Lease </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">13 </P>

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Vehicle Percentage as of the immediately preceding Business Day of the excess, if any, of the Specified States Amount as of such date over the Series
<FONT STYLE="white-space:nowrap">2020-1</FONT> Maximum Specified States Amount as of such date, (viii)&nbsp;the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> AESOP I Operating Lease Vehicle Percentage as of the immediately preceding Business
Day of the excess, if any, of the <FONT STYLE="white-space:nowrap">Non-Eligible</FONT> Manufacturer Amount as of such date over the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Maximum <FONT STYLE="white-space:nowrap">Non-Eligible</FONT>
Manufacturer Amount as of such date and (ix)&nbsp;the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> AESOP I Operating Lease Vehicle Percentage as of the immediately preceding Business Day of the excess, if any, of the Net Book Value of all
Vehicles leased under the Leases as of such date that were used vehicles at the time of acquisition over the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Maximum Used Vehicle Amount as of such date. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;D Required Liquidity Amount</U>&#148; means an amount equal to the product of 2.00% and the Class&nbsp;D
Invested Amount as of such date. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;D Required Overcollateralization Amount</U>&#148; means, as of any
date of determination, the excess, if any, of the Class&nbsp;D Required Enhancement Amount over the sum of (i)&nbsp;the Class&nbsp;A/B/C Letter of Credit Amount as of such date, (ii)&nbsp;the Class&nbsp;D Letter of Credit Amount as of such date,
(iii)&nbsp;the Class&nbsp;A/B/C Available Reserve Account Amount on such date, (iv)&nbsp;the Class&nbsp;D Available Reserve Account Amount on such date and (v)&nbsp;the amount of cash and Permitted Investments on deposit in the Series <FONT
STYLE="white-space:nowrap">2020-1</FONT> Collection Account (not including amounts allocable to the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Accrued Interest Account) and the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Excess
Collection Account on such date. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;D Required Reserve Account Amount</U>&#148; means, for any date of
determination, an amount equal to the greater of (a)&nbsp;the excess, if any, of the Class&nbsp;D Required Liquidity Amount as of such date over the Class&nbsp;D Letter of Credit Liquidity Amount as of such date and (b)&nbsp;the excess, if any, of
the Class&nbsp;D Required Enhancement Amount as of such date over the Class&nbsp;D Enhancement Amount (excluding therefrom the Class&nbsp;D Available Reserve Account Amount and calculated after giving effect to any payments of principal to be made
on the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Notes) as of such date. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;D Reserve
Account</U>&#148; is defined in Section&nbsp;2.7(g). </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;D Reserve Account Collateral</U>&#148; is defined
in Section&nbsp;2.7(j). </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;D Reserve Account Surplus</U>&#148; means, with respect to any Distribution
Date, the excess, if any, of the Class&nbsp;D Available Reserve Account Amount over the Class&nbsp;D Required Reserve Account Amount on such Distribution Date. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;D Shortfall</U>&#148; has the meaning set forth in Section&nbsp;2.3(g)(iv). </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;R Controlled Amortization Amount</U>&#148; means, (i)&nbsp;with respect to any Related Month during the
Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Controlled Amortization Period other than the Related Month immediately preceding the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Expected Final Distribution Date, $0 and (ii)&nbsp;with
respect to the Related Month immediately preceding the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Expected Final Distribution Date, $44,250,000. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;R Initial Invested Amount</U>&#148; means the aggregate initial principal amount of the Class&nbsp;R Notes,
which is $44,250,000. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">14 </P>

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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;R Invested Amount</U>&#148; means, when used with respect
to any date, an amount equal to (a)&nbsp;the Class&nbsp;R Initial Invested Amount plus (b)&nbsp;the aggregate principal amount of any Additional Class&nbsp;R Notes issued on or prior to such date <U>minus</U> (c)&nbsp;the amount of principal
payments made to Class&nbsp;R Noteholders on or prior to such date. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;R Monthly Interest</U>&#148; means,
with respect to (i)&nbsp;the initial Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Interest Period, an amount equal to $106,744.46 and (ii)&nbsp;any other Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Interest Period, an amount equal
to the product of <FONT STYLE="white-space:nowrap">(A)&nbsp;one-twelfth</FONT> of the Class&nbsp;R Note Rate and (B)&nbsp;the Class&nbsp;R Invested Amount on the first day of such Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Interest
Period, after giving effect to any principal payments made on such date. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;R Note</U>&#148; means any one
of the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> 4.753% Rental Car Asset Backed Notes, Class&nbsp;R, executed by ABRCF and authenticated by or on behalf of the Trustee, substantially in the form of <U>Exhibit E</U><U><FONT
STYLE="white-space:nowrap">-1</FONT></U>, <U>Exhibit E</U><U><FONT STYLE="white-space:nowrap">-2</FONT></U> or <U>Exhibit E</U><U><FONT STYLE="white-space:nowrap">-3</FONT></U>. Definitive Class&nbsp;R Notes shall have such insertions and deletions
as are necessary to give effect to the provisions of Section&nbsp;2.18 of the Base Indenture. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;R Note
Rate</U>&#148; means 4.753% per annum </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;R Noteholder</U>&#148; means the Person in whose name a
Class&nbsp;R Note is registered in the Note Register. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;R Shortfall</U>&#148; has the meaning set forth
in Section&nbsp;2.3(g)(v). </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U><FONT STYLE="white-space:nowrap">Clean-up</FONT> Repurchase</U>&#148; means any optional repurchase
pursuant to Section&nbsp;5.1(a). </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U><FONT STYLE="white-space:nowrap">Clean-up</FONT> Repurchase Distribution Date</U>&#148; has the
meaning set forth in Section&nbsp;5.1(a). </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Confirmation Condition</U>&#148; means, with respect to any Bankrupt Manufacturer
which is a debtor in Chapter 11 Proceedings, a condition that shall be satisfied upon the bankruptcy court having competent jurisdiction over such Chapter 11 Proceedings issuing an order that remains in effect approving (i)&nbsp;the assumption of
such Bankrupt Manufacturer&#146;s Manufacturer Program (and the related Assignment Agreements) by such Bankrupt Manufacturer or the trustee in bankruptcy of such Bankrupt Manufacturer under Section&nbsp;365 of the Bankruptcy Code and at the time of
such assumption, the payment of all amounts due and payable by such Bankrupt Manufacturer under such Manufacturer Program and the curing of all other defaults by the Bankrupt Manufacturer thereunder or (ii)&nbsp;the execution, delivery and
performance by such Bankrupt Manufacturer of a new <FONT STYLE="white-space:nowrap">post-petition</FONT> Manufacturer Program (and the related Assignment Agreements) on the same terms and covering the same Vehicles as such Bankrupt
Manufacturer&#146;s Manufacturer Program (and the related Assignment Agreements) in effect on the date such Bankrupt Manufacturer became subject to such Chapter 11 Proceedings and, at the time of the execution and delivery of such new <FONT
STYLE="white-space:nowrap">post-petition</FONT> Manufacturer Program, the payment of all amounts due and payable by such Bankrupt Manufacturer under such Manufacturer Program and the curing of all other defaults by the Bankrupt Manufacturer
thereunder; <U>provided</U>, <U>however</U>, that notwithstanding the foregoing, the Confirmation Condition shall be deemed satisfied until the 90<SUP STYLE="font-size:85%; vertical-align:top">th</SUP> calendar day following the initial filing in
respect of such Chapter&nbsp;11 Proceedings. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">15 </P>

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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>DBRS</U>&#148; means DBRS, Inc. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>DBRS Equivalent Rating</U>&#148; means, with respect to any Person not rated by DBRS, (i)&nbsp;if such Person is rated by all three
of Moody&#146;s, Standard&nbsp;&amp; Poor&#146;s and Fitch (together, the &#147;<U>Equivalent Rating Agencies</U>&#148;), either (A)&nbsp;if at least two Equivalent Rating Agencies have provided equivalent ratings with respect to such Person, the
DBRS equivalent of such equivalent ratings (regardless of any rating from another Equivalent Rating Agency) or (B)&nbsp;otherwise, the median of the DBRS equivalents of the ratings for such Person provided by each of the three Equivalent Rating
Agencies, (ii)&nbsp;if such Person is rated by any two of the Equivalent Rating Agencies, the DBRS equivalent of the lower of the ratings for such Person provided by the relevant Equivalent Rating Agencies or (iii)&nbsp;if such Person is rated by
only one of the Equivalent Rating Agencies, the DBRS equivalent of the rating for such Person provided by such Equivalent Rating Agency. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>DBRS Excluded Manufacturer Amount</U>&#148; means, as of any date of determination, an amount equal to the excess, if any, of
(x)&nbsp;the sum of the following amounts with respect to each DBRS <FONT STYLE="white-space:nowrap">Non-Investment</FONT> Grade Manufacturer as of such date: the product of (i)&nbsp;to the extent such amounts are included in the calculation of
AESOP I Operating Lease Loan Agreement Borrowing Base as of such date, all amounts receivable as of such date by AESOP Leasing or the Intermediary from such DBRS <FONT STYLE="white-space:nowrap">Non-Investment</FONT> Grade Manufacturer and
(ii)&nbsp;the DBRS Excluded Manufacturer Receivable Specified Percentage for such DBRS <FONT STYLE="white-space:nowrap">Non-Investment</FONT> Grade Manufacturer as of such date over (y)&nbsp;the sum of the following amounts with respect to each DBRS
<FONT STYLE="white-space:nowrap">Non-Investment</FONT> Grade Manufacturer as of such date: the product of (i)&nbsp;the aggregate Net Book Value of any Vehicles subject to a Manufacturer Program from such Manufacturer that have had a Turnback Date
but for which (A)&nbsp;AESOP Leasing or its Permitted Nominee continues to be named as the owner of the Vehicle on the Certificate of Title for such Vehicle and (B)&nbsp;AESOP Leasing or its agent continues to hold the Certificate of Title for such
Vehicle and (ii)&nbsp;the DBRS Turnback Vehicle Specified Percentage for such DBRS <FONT STYLE="white-space:nowrap">Non-Investment</FONT> Grade Manufacturer as of such date. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>DBRS Excluded Manufacturer Receivable Specified Percentage</U>&#148; means, as of any date of determination, with respect to each
DBRS <FONT STYLE="white-space:nowrap">Non-Investment</FONT> Grade Manufacturer as of such date, the percentage (not to exceed 100%) most recently specified in writing by DBRS to ABRCF and the Trustee and consented to by the Requisite Series <FONT
STYLE="white-space:nowrap">2020-1</FONT> Noteholders with respect to such DBRS <FONT STYLE="white-space:nowrap">Non-Investment</FONT> Grade Manufacturer; <U>provided</U>, <U>however</U>, that as of the Class&nbsp;A/B/C Closing Date the DBRS Excluded
Manufacturer Receivable Specified Percentage for each DBRS <FONT STYLE="white-space:nowrap">Non-Investment</FONT> Grade Manufacturer shall be 100%; <U>provided</U>, <U>further</U>, that the initial DBRS Excluded Manufacturer Receivable Specified
Percentage with respect to any Manufacturer that becomes a DBRS <FONT STYLE="white-space:nowrap">Non-Investment</FONT> Grade Manufacturer after the Class&nbsp;A/B/C Closing Date shall be 100%. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>DBRS <FONT STYLE="white-space:nowrap">Non-Investment</FONT> Grade Manufacturer</U>&#148; means, as of any date of determination, any
Manufacturer that (i)&nbsp;is not a Bankrupt Manufacturer and (ii)&nbsp;does not have a long-term senior unsecured debt rating from DBRS (or, if such Manufacturer is not rated by DBRS, a DBRS Equivalent Rating) of at least &#147;BBB (low)&#148;;
<U>provided</U>, <U>however</U>, that any Manufacturer whose long-term senior unsecured debt rating from DBRS (or, if such Manufacturer is not rated by DBRS, its DBRS Equivalent Rating) is downgraded from at least &#147;BBB (low)&#148; to below
&#147;BBB (low)&#148; after the Class&nbsp;A/B/C Closing Date shall not be deemed a DBRS <FONT STYLE="white-space:nowrap">Non-Investment</FONT> Grade Manufacturer until the thirtieth (30<SUP STYLE="font-size:85%; vertical-align:top">th</SUP>)
calendar day following such downgrade. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">16 </P>

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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>DBRS Turnback Vehicle Specified Percentage</U>&#148; means, as of any date of
determination: (i)&nbsp;with respect to each Manufacturer that has a long-term senior unsecured debt rating from DBRS (or, if such Manufacturer is not rated by DBRS, a DBRS Equivalent Rating) on such date of determination of at least &#147;BB
(low)&#148; but less than &#147;BBB (low)&#148;, 65%; (ii) with respect to each Manufacturer that has a long-term senior unsecured debt rating from DBRS (or, if such Manufacturer is not rated by DBRS, a DBRS Equivalent Rating) on such date of
determination of at least &#147;B (low)&#148; but less than &#147;BB (low)&#148;, 25%; and (iii)&nbsp;with respect to each Manufacturer that has a long-term senior unsecured debt rating from DBRS (or, if such Manufacturer is not rated by DBRS, a
DBRS Equivalent Rating) on such date of determination of &#147;CCC&#148; or below (or is not rated by DBRS or any Equivalent Rating Agency on such date of determination), 0%; <U>provided</U>, <U>however</U>, that any Manufacturer whose long-term
senior unsecured debt rating from DBRS is downgraded after the Class&nbsp;A/B/C Closing Date (or, if such Manufacturer is not rated by DBRS, its DBRS Equivalent Rating is lowered as a result of such Manufacturer being downgraded by an Equivalent
Rating Agency after the Class&nbsp;A/B/C Closing Date) shall be deemed to retain its long-term senior unsecured debt rating from DBRS (or, if such Manufacturer is not rated by DBRS, its DBRS Equivalent Rating) in effect immediately prior to such
downgrade until the thirtieth (30<SUP STYLE="font-size:85%; vertical-align:top">th</SUP>) calendar day following such downgrade. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Demand Note Issuer</U>&#148; means each issuer of a Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Demand Note. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Disbursement</U>&#148; means any Lease Deficit Disbursement, any Unpaid Demand Note Disbursement, any Termination Date Disbursement
or any Termination Disbursement under a Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Letter of Credit, or any combination thereof, as the context may require. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Discounted Value</U>&#148; means, for each Remaining Distribution Amount, the amount obtained by discounting such Remaining
Distribution Amount from the applicable Distribution Date to the Optional Repurchase Distribution Date in accordance with accepted financial practice and at a discount factor equal to the Reinvestment Yield with respect to such Remaining
Distribution Amount. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Excluded Manufacturer Amount</U>&#148; means, as of any date of determination, the greater of the
Moody&#146;s Excluded Manufacturer Amount and the DBRS Excluded Manufacturer Amount as of such date. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Finance Guide</U>&#148;
means the Black Book Official Finance/Lease Guide. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Fitch</U>&#148; means Fitch Ratings, Inc. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Lease Deficit Disbursement</U>&#148; means an amount drawn under a Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Letter of
Credit pursuant to a Certificate of Lease Deficit Demand. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Make Whole Payment</U>&#148; means, with respect to any Series <FONT
STYLE="white-space:nowrap">2020-1</FONT> Note on any Optional Repurchase Distribution Date, the <I>pro rata </I>share with respect to such Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Note of the excess, if any, of (x)&nbsp;the sum of the
Discounted Values for each Remaining Distribution Amount with respect to each Applicable Distribution Date over (y)&nbsp;the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Invested Amount as of such Optional Repurchase Distribution Date
(determined after giving effect to any payments made pursuant to Section&nbsp;2.5(a) on such Distribution Date). </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">17 </P>

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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Market Value Average</U>&#148; means, as of any day, the percentage equivalent of a
fraction, the numerator of which is the average of the Selected Fleet Market Value as of the preceding Determination Date and the two Determination Dates precedent thereto and the denominator of which is the sum of (a)&nbsp;the average of the
aggregate Net Book Value of all <FONT STYLE="white-space:nowrap">Non-Program</FONT> Vehicles (excluding (i)&nbsp;any Unaccepted Program Vehicles, (ii)&nbsp;any Excluded Redesignated Vehicles and (iii)&nbsp;any other
<FONT STYLE="white-space:nowrap">Non-Program</FONT> Vehicles that are subject to a Manufacturer Program with an Eligible <FONT STYLE="white-space:nowrap">Non-Program</FONT> Manufacturer with respect to which no Manufacturer Event of Default has
occurred and is continuing) and (b)&nbsp;the average of the aggregate Adjusted Net Book Value of all Adjusted Program Vehicles, in the case of each of clause (a)&nbsp;and (b) leased under the AESOP I Operating Lease and the Finance Lease as of the
preceding Determination Date and the two Determination Dates precedent thereto. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Monthly Total Principal Allocation</U>&#148;
means for any Related Month the sum of all Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Principal Allocations with respect to such Related Month. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Moody&#146;s Excluded Manufacturer Amount</U>&#148; means, as of any date of determination, an amount equal to the excess, if any, of
(x)&nbsp;the sum of the following amounts with respect to each Moody&#146;s <FONT STYLE="white-space:nowrap">Non-Investment</FONT> Grade Manufacturer as of such date: the product of (i)&nbsp;to the extent such amounts are included in the calculation
of AESOP I Operating Lease Loan Agreement Borrowing Base as of such date, all amounts receivable as of such date by AESOP Leasing or the Intermediary from such Moody&#146;s <FONT STYLE="white-space:nowrap">Non-Investment</FONT> Grade Manufacturer
and (ii)&nbsp;the Moody&#146;s Excluded Manufacturer Receivable Specified Percentage for such Moody&#146;s <FONT STYLE="white-space:nowrap">Non-Investment</FONT> Grade Manufacturer as of such date over (y)&nbsp;the sum of the following amounts with
respect to each Moody&#146;s <FONT STYLE="white-space:nowrap">Non-Investment</FONT> Grade Manufacturer as of such date: the product of (i)&nbsp;the aggregate Net Book Value of any Vehicles subject to a Manufacturer Program from such Manufacturer
that have had a Turnback Date but for which (A)&nbsp;AESOP Leasing or its Permitted Nominee continues to be named as the owner of the Vehicle on the Certificate of Title for such Vehicle and (B)&nbsp;AESOP Leasing or its agent continues to hold the
Certificate of Title for such Vehicle and (ii)&nbsp;the Moody&#146;s Turnback Vehicle Specified Percentage for such Moody&#146;s <FONT STYLE="white-space:nowrap">Non-Investment</FONT> Grade Manufacturer as of such date. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Moody&#146;s Excluded Manufacturer Receivable Specified Percentage</U>&#148; means, as of any date of determination, with respect to
each Moody&#146;s <FONT STYLE="white-space:nowrap">Non-Investment</FONT> Grade Manufacturer as of such date, the percentage (not to exceed 100%) most recently specified in writing by Moody&#146;s to ABRCF and the Trustee and consented to by the
Requisite Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Noteholders with respect to such Moody&#146;s <FONT STYLE="white-space:nowrap">Non-Investment</FONT> Grade Manufacturer; <U>provided</U>, <U>however</U>, that as of the Class&nbsp;A/B/C
Closing Date the Moody&#146;s Excluded Manufacturer Receivable Specified Percentage for each Moody&#146;s <FONT STYLE="white-space:nowrap">Non-Investment</FONT> Grade Manufacturer shall be 100%; <U>provided</U>, <U>further</U>, that the initial
Moody&#146;s Excluded Manufacturer Receivable Specified Percentage with respect to any Manufacturer that becomes a Moody&#146;s <FONT STYLE="white-space:nowrap">Non-Investment</FONT> Grade Manufacturer after the Class&nbsp;A/B/C Closing Date shall
be 100%. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Moody&#146;s Non</U><U><FONT STYLE="white-space:nowrap">-Investment</FONT> Grade Manufacturer</U>&#148; means, as of
any date of determination, any Manufacturer that (i)&nbsp;is not a Bankrupt Manufacturer and (ii)&nbsp;does not have </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">18 </P>

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either (A)&nbsp;a long-term corporate family rating of at least &#147;Baa3&#148; from Moody&#146;s or (B)&nbsp;if such Manufacturer does not have a long-term corporate family rating from
Moody&#146;s as of such date, a long-term senior unsecured debt rating of at least &#147;Ba1&#148; from Moody&#146;s; <U>provided</U>, <U>however</U>, that any Manufacturer whose long-term corporate family rating is downgraded from at least
&#147;Baa3&#148; to below &#147;Baa3&#148; by Moody&#146;s or whose long-term senior unsecured debt rating is downgraded from at least &#147;Ba1&#148; to below &#147;Ba1&#148; by Moody&#146;s, as applicable, after the Class&nbsp;A/B/C Closing Date
shall not be deemed a Moody&#146;s <FONT STYLE="white-space:nowrap">Non-Investment</FONT> Grade Manufacturer until the thirtieth (30th) calendar day following such downgrade. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Moody&#146;s Turnback Vehicle Specified Percentage</U>&#148; means, as of any date of determination: (i)&nbsp;with respect to each
Moody&#146;s <FONT STYLE="white-space:nowrap">Non-Investment</FONT> Grade Manufacturer that has a long-term corporate family rating from Moody&#146;s on such date of determination of at least &#147;Ba3&#148; (or, if such Moody&#146;s <FONT
STYLE="white-space:nowrap">Non-Investment</FONT> Grade Manufacturer does not have a long-term corporate family rating from Moody&#146;s as of such date, a long-term senior unsecured debt rating of at least &#147;B1&#148;), 65%; (ii) with respect to
each Moody&#146;s <FONT STYLE="white-space:nowrap">Non-Investment</FONT> Grade Manufacturer that has a long-term corporate family rating from Moody&#146;s on such date of determination of at least &#147;B3&#148; but less than &#147;Ba3&#148; (or, if
such Moody&#146;s <FONT STYLE="white-space:nowrap">Non-Investment</FONT> Grade Manufacturer does not have a long-term corporate family rating from Moody&#146;s as of such date, a long-term senior unsecured debt rating of at least &#147;Caa1&#148;
but less than &#147;B1&#148;), 25%; and (iii)&nbsp;with respect to any other Moody&#146;s <FONT STYLE="white-space:nowrap">Non-Investment</FONT> Grade Manufacturer, 0%; <U>provided</U>, <U>however</U>, that any Manufacturer whose long-term corporate
family rating or long-term senior unsecured debt rating from Moody&#146;s is downgraded after the Class&nbsp;A/B/C Closing Date shall be deemed to retain its long-term corporate family rating or long-term senior unsecured debt rating, as applicable,
from Moody&#146;s in effect immediately prior to such downgrade until the thirtieth (30<SUP STYLE="font-size:85%; vertical-align:top">th</SUP>) calendar day following such downgrade. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Optional Repurchase</U>&#148; is defined in Section&nbsp;5.1(b). </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Optional Repurchase Distribution Date</U>&#148; is defined in Section&nbsp;5.1(b). </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Past Due Rent Payment</U>&#148; is defined in Section&nbsp;2.2(g). </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Permanent Global Class</U><U></U><U>&nbsp;A Note</U>&#148; is defined in Section&nbsp;4.2. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Permanent Global Class</U><U></U><U>&nbsp;B Note</U>&#148; is defined in Section&nbsp;4.2. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Permanent Global Class</U><U></U><U>&nbsp;C Note</U>&#148; is defined in Section&nbsp;4.2. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Permanent Global Class</U><U></U><U>&nbsp;D Note</U>&#148; is defined in Section&nbsp;4.2. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Permanent Global Class</U><U></U><U>&nbsp;R Note</U>&#148; is defined in Section&nbsp;4.2. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Permanent Global Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Notes</U>&#148; is defined in Section&nbsp;4.2. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Pre</U><U><FONT STYLE="white-space:nowrap">-Preference</FONT> Period Demand Note Payments</U>&#148; means, as of any date of
determination, the aggregate amount of all proceeds of demands made on the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Demand Notes included in the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Demand Note Payment Amount as of the
Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Letter of Credit Termination Date that were paid by the Demand Note Issuers more than </P>
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one year before such date of determination; <U>provided</U>, <U>however</U>,<I> </I>that if an Event of Bankruptcy (or the occurrence of an event described in clause (a)&nbsp;of the definition
thereof, without the lapse of a period of sixty (60)&nbsp;consecutive days) with respect to a Demand Note Issuer occurs during such <FONT STYLE="white-space:nowrap">one-year</FONT> period, (x)&nbsp;the
<FONT STYLE="white-space:nowrap">Pre-Preference</FONT> Period Demand Note Payments as of any date during the period from and including the date of the occurrence of such Event of Bankruptcy to and including the conclusion or dismissal of the
proceedings giving rise to such Event of Bankruptcy without continuing jurisdiction by the court in such proceedings shall equal the <FONT STYLE="white-space:nowrap">Pre-Preference</FONT> Period Demand Note Payments as of the date of such occurrence
for all Demand Note Issuers and (y)&nbsp;the <FONT STYLE="white-space:nowrap">Pre-Preference</FONT> Period Demand Note Payments as of any date after the conclusion or dismissal of such proceedings shall equal the Series <FONT
STYLE="white-space:nowrap">2020-1</FONT> Demand Note Payment Amount as of the date of the conclusion or dismissal of such proceedings. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Prior Supplement</U>&#148; is defined in the preable hereto. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Proposed Class</U><U></U><U>&nbsp;D Notes</U>&#148; has the meaning set forth in Section&nbsp;5.15. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Reinvestment Yield</U>&#148; means, with respect to any Remaining Distribution Amount, the sum of (i) 0.25% and (ii)&nbsp;the greater
of (x) 0% and (y)&nbsp;the U.S. Treasury Rate with respect to such Remaining Distribution Amount. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Remaining Distribution
Amount</U>&#148; means, with respect to each Applicable Distribution Date, the sum of (i)&nbsp;the sum of (x)&nbsp;an amount equal to the Class&nbsp;A Controlled Amortization Amount with respect to the Related Month immediately preceding such
Applicable Distribution Date (or, if the Optional Repurchase Distribution Date occurs after the March 2025 Distribution Date, the Class&nbsp;A Controlled Distribution Amount with respect to the Related Month preceding the first such Applicable
Distribution Date) and (y)&nbsp;the interest that will accrue on such amount from the Optional Repurchase Distribution Date to such Applicable Distribution Date at the Class&nbsp;A Note Rate, (ii)&nbsp;the sum of (x)&nbsp;an amount equal to the
Class&nbsp;B Controlled Amortization Amount with respect to the Related Month immediately preceding such Applicable Distribution Date (or, if the Optional Repurchase Distribution Date occurs after the March 2025 Distribution Date, the Class&nbsp;B
Controlled Distribution Amount with respect to the Related Month preceding the first such Applicable Distribution Date) and (y)&nbsp;the interest that will accrue on such amount from the Optional Repurchase Distribution Date to such Applicable
Distribution Date at the Class&nbsp;B Note Rate, (iii)&nbsp;the sum of (x)&nbsp;an amount equal to the Class&nbsp;C Controlled Amortization Amount with respect to the Related Month immediately preceding such Applicable Distribution Date (or, if the
Optional Repurchase Distribution Date occurs after the March 2025 Distribution Date, the Class&nbsp;C Controlled Distribution Amount with respect to the Related Month preceding the first such Applicable Distribution Date) and (y)&nbsp;the interest
that will accrue on such amount from the Optional Repurchase Distribution Date to such Applicable Distribution Date at the Class&nbsp;C Note Rate and (iv)&nbsp;the sum of (x)&nbsp;an amount equal to the Class&nbsp;R Controlled Amortization Amount
with respect to the Related Month immediately preceding such Applicable Distribution Date (or, if the Optional Repurchase Distribution Date occurs after the March 2025 Distribution Date, the Class&nbsp;R Controlled Amortization Amount with respect
to the Related Month preceding the first such Applicable Distribution Date) and (y)&nbsp;the interest that will accrue on such amount from the Optional Repurchase Distribution Date to such Applicable Distribution Date at the Class&nbsp;R Note Rate.
</P>
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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Required Controlling Class</U><U></U><U>&nbsp;Series
<FONT STYLE="white-space:nowrap">2020-1</FONT> Noteholders</U>&#148; means (i)&nbsp;for so long as any Class&nbsp;A Notes are outstanding, Class&nbsp;A Noteholders holding more than 50% of the Class&nbsp;A Invested Amount, (ii)&nbsp;if no
Class&nbsp;A Notes are outstanding and for so long as any Class&nbsp;B Notes are outstanding, Class&nbsp;B Noteholders holding more than 50% of the Class&nbsp;B Invested Amount, (iii)&nbsp;if no Class&nbsp;A Notes or Class&nbsp;B Notes are
outstanding, Class&nbsp;C Noteholders holding more than 50% of the Class&nbsp;C Invested Amount, (iv)&nbsp;if no Class&nbsp;A Notes, Class&nbsp;B Notes or Class&nbsp;C Notes are outstanding, Class&nbsp;D Noteholders holding more than 50% of the
Class&nbsp;D Invested Amount (excluding, for the purpose of making any of the foregoing calculations, any Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Notes held by ABCR or any Affiliate of ABCR unless ABCR or such Affiliate is the sole
Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Noteholder) and (v)&nbsp;if no Class&nbsp;A Notes, Class&nbsp;B Notes, Class&nbsp;C Notes or Class&nbsp;D Notes are outstanding, Class&nbsp;R Noteholders holding more than 50% Class&nbsp;R
Invested Amount (excluding, for the purpose of making any of the foregoing calculations, any Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Notes held by ABCR or any Affiliate of ABCR unless ABCR or such Affiliate is the sole Series <FONT
STYLE="white-space:nowrap">2020-1</FONT> Noteholder). </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Requisite Series <FONT STYLE="white-space:nowrap">2020-1</FONT>
Noteholders</U>&#148; means Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Noteholders holding, in the aggregate, more than 50% of the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Invested Amount (excluding, for the purpose of making
the foregoing calculation (x)&nbsp;for all purposes, any Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Notes held by ABCR or any Affiliate of ABCR unless ABCR is the sole Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Noteholder and
(y)&nbsp;for so long as any Class&nbsp;A Notes, the Class&nbsp;B Notes, or the Class&nbsp;C Notes are outstanding, any Class&nbsp;D Notes). </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Restricted Global Class</U><U></U><U>&nbsp;A Note</U>&#148; is defined in Section&nbsp;4.1. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Restricted Global Class</U><U></U><U>&nbsp;B Note</U>&#148; is defined in Section&nbsp;4.1. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Restricted Global Class</U><U></U><U>&nbsp;C Note</U>&#148; is defined in Section&nbsp;4.1. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Restricted Global Class</U><U></U><U>&nbsp;D Note</U>&#148; is defined in Section&nbsp;4.1. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Restricted Global Class</U><U></U><U>&nbsp;R Note</U>&#148; is defined in Section&nbsp;4.1. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Selected Fleet Market Value</U>&#148; means, with respect to all Adjusted Program Vehicles and all
<FONT STYLE="white-space:nowrap">Non-Program</FONT> Vehicles (excluding (i)&nbsp;any Unaccepted Program Vehicles, (ii)&nbsp;any Excluded Redesignated Vehicles and (iii)&nbsp;any other <FONT STYLE="white-space:nowrap">Non-Program</FONT> Vehicles that
are subject to a Manufacturer Program with an Eligible <FONT STYLE="white-space:nowrap">Non-Program</FONT> Manufacturer with respect to which no Manufacturer Event of Default has occurred and is continuing) as of any date of determination, the sum
of the respective Market Values of each such Adjusted Program Vehicle and each such <FONT STYLE="white-space:nowrap">Non-Program</FONT> Vehicle, in each case subject to the AESOP I Operating Lease or the Finance Lease as of such date. For purposes
of computing the Selected Fleet Market Value, the &#147;Market Value&#148; of an Adjusted Program Vehicle or a <FONT STYLE="white-space:nowrap">Non-Program</FONT> Vehicle means the market value of such Vehicle as specified in the most recently
published NADA Guide for the model class and model year of such Vehicle based on the average equipment and the average mileage of </P>
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each Vehicle of such model class and model year then leased under the AESOP I Operating Lease and the Finance Lease; <U>provided</U>, <U>however</U>, that if the NADA Guide is not being published
or the NADA Guide is being published but such Vehicle is not included therein, the Market Value of such Vehicle shall be based on the market value specified in the most recently published Finance Guide for the model class and model year of such
Vehicle based on the average equipment and the average mileage of each Vehicle of such model class and model year then leased under the AESOP I Operating Lease or the Finance Lease; <U>provided</U>, <U>further</U>, that if the Finance Guide is being
published but such Vehicle is not included therein, the Market Value of such Vehicle shall mean (x)&nbsp;in the case of an Adjusted Program Vehicle, the Adjusted Net Book Value of such Adjusted Program Vehicle and (y)&nbsp;in the case of a <FONT
STYLE="white-space:nowrap">Non-Program</FONT> Vehicle, the Net Book Value of such <FONT STYLE="white-space:nowrap">Non-Program</FONT> Vehicle <U>provided</U>, <U>further</U>, that if the Finance Guide is not being published, the Market Value of such
Vehicle shall be based on an independent <FONT STYLE="white-space:nowrap">third-party</FONT> data source selected by the Administrator and approved by each Rating Agency that is rating any Series of Notes at the request of ABRCF based on the average
equipment and average mileage of each Vehicle of such model class and model year then leased under the AESOP I Operating Lease or the Finance Lease; <U>provided</U>, <U>further</U>, that if no such <FONT STYLE="white-space:nowrap">third-party</FONT>
data source or methodology shall have been so approved or any such <FONT STYLE="white-space:nowrap">third-party</FONT> data source or methodology is not available, the Market Value of such Vehicle shall be equal to a reasonable estimate of the
wholesale market value of such Vehicle as determined by the Administrator, based on the Net Book Value of such Vehicle and any other factors deemed relevant by the Administrator. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Notes</U>&#148; means the Series of Notes designated as the Series <FONT
STYLE="white-space:nowrap">2010-6</FONT> Notes. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2011-4</FONT> Notes</U>&#148; means the
Series of Notes designated as the Series <FONT STYLE="white-space:nowrap">2011-4</FONT> Notes. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT
STYLE="white-space:nowrap">2015-3</FONT> Notes</U>&#148; means the Series of Notes designated as the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Notes. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2016-1</FONT> Notes</U>&#148; means the Series of Notes designated as the Series <FONT
STYLE="white-space:nowrap">2016-1</FONT> Notes. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2016-2</FONT> Notes</U>&#148; means the
Series of Notes designated as the Series <FONT STYLE="white-space:nowrap">2016-2</FONT> Notes. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT
STYLE="white-space:nowrap">2017-1</FONT> Notes</U>&#148; means the Series of Notes designated as the Series <FONT STYLE="white-space:nowrap">2017-1</FONT> Notes. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2017-2</FONT> Notes</U>&#148; means the Series of Notes designated as the Series <FONT
STYLE="white-space:nowrap">2017-2</FONT> Notes. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Notes</U>&#148; means the
Series of Notes designated as the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Notes. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT
STYLE="white-space:nowrap">2019-1</FONT> Notes</U>&#148; means the Series of Notes designated as the Series <FONT STYLE="white-space:nowrap">2019-1</FONT> Notes. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Notes</U>&#148; means the Series of Notes designated as the Series <FONT
STYLE="white-space:nowrap">2019-2</FONT> Notes. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2019-3</FONT> Notes</U>&#148; means the
Series of Notes designated as the Series <FONT STYLE="white-space:nowrap">2019-3</FONT> Notes. </P>
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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Notes</U>&#148; means the
Series of Notes designated as the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Notes. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT
STYLE="white-space:nowrap">2020-2</FONT> Notes</U>&#148; means the Series of Notes designated as the Series <FONT STYLE="white-space:nowrap">2020-2</FONT> Notes. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2021-1</FONT> Notes</U>&#148; means the Series of Notes designated as the Series <FONT
STYLE="white-space:nowrap">2021-1</FONT> Notes. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Accounts</U>&#148; means
each of the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Distribution Account, the Class&nbsp;A/B/C Reserve Account, the Class&nbsp;D Reserve Account, the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Collection Account, the Series <FONT
STYLE="white-space:nowrap">2020-1</FONT> Excess Collection Account and the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Accrued Interest Account. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Accrued Interest Account</U>&#148; is defined in Section&nbsp;2.1(b). </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2020-1</FONT> AESOP I Operating Lease Loan Agreement Borrowing Base</U>&#148; means, as of
any date of determination, the product of (a)&nbsp;the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> AESOP I Operating Lease Vehicle Percentage as of such date and (b)&nbsp;the excess of (i)&nbsp;the AESOP I Operating Lease Loan Agreement
Borrowing Base as of such date <U>over</U> (ii)&nbsp;the Excluded Manufacturer Amount as of such date. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT
STYLE="white-space:nowrap">2020-1</FONT> AESOP I Operating Lease Vehicle Percentage</U>&#148; means, as of any date of determination, a fraction, expressed as a percentage (which percentage shall never exceed 100%), the numerator of which is the
Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Required AESOP I Operating Lease Vehicle Amount as of such date and the denominator of which is the sum of the Required AESOP I Operating Lease Vehicle Amounts for all Series of Notes as of such
date. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Agent</U>&#148; is defined in the recitals hereto. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Allocated Cash Amount</U>&#148; means, as of any date of determination, an
amount equal to (x)&nbsp;all cash on deposit in the Collection Account as of such date times (y)&nbsp;the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Invested Percentage (calculated with respect to Principal Collections) as of such date.
</P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Cash Collateral Accounts</U>&#148; means, together, the Class&nbsp;A/B/C
Cash Collateral Account and the Class&nbsp;D Cash Collateral Account. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2020-1</FONT>
Collateral</U>&#148; means the Collateral, each Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Letter of Credit, each Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Demand Note, the Series <FONT STYLE="white-space:nowrap">2020-1</FONT>
Distribution Account Collateral, the Class&nbsp;A/B/C Cash Collateral Account, the Class&nbsp;D Cash Collateral Account Collateral, the Class&nbsp;A/B/C Reserve Account Collateral and the Class&nbsp;D Reserve Account Collateral. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Collection Account</U>&#148; is defined in Section&nbsp;2.1(b). </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Controlled Amortization Period</U>&#148; means the period commencing upon the
close of business on January&nbsp;31, 2025 (or, if such day is not a Business Day, the Business Day immediately preceding such day) and continuing to the earliest of (i)&nbsp;the commencement of the Series
<FONT STYLE="white-space:nowrap">2020-1</FONT> Rapid Amortization Period, (ii)&nbsp;the date on which the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Notes are fully paid and (iii)&nbsp;the termination of the Indenture. </P>
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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2020-1</FONT> DBRS Highest Enhanced Vehicle
Percentage</U>&#148; means, as of any date of determination, a fraction, expressed as a percentage, (a)&nbsp;the numerator of which is the aggregate Net Book Value of all Vehicles leased under the AESOP I Operating Lease that were manufactured by a
Manufacturer that does not have a long-term senior unsecured debt rating from DBRS (or, if such Manufacturer is not rated by DBRS, a DBRS Equivalent Rating) of at least &#147;BBB (low)&#148; as of such date and (b)&nbsp;the denominator of which is
the aggregate Net Book Value of all Vehicles leased under the AESOP I Operating Lease as of such date. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT
STYLE="white-space:nowrap">2020-1</FONT> DBRS Highest Enhancement Rate</U>&#148; means, as of any date of determination, the sum of (a) 26.85% and (b)&nbsp;the highest, for any calendar month within the preceding twelve (12)&nbsp;calendar months, of
the greater of (x)&nbsp;an amount (not less than zero) equal to 100% <U>minus</U> the Measurement Month Average for the immediately preceding Measurement Month and (y)&nbsp;an amount (not less than zero) equal to 100% <U>minus</U> the Market Value
Average as of the Determination Date within such calendar month (excluding the Market Value Average for any Determination Date which has not yet occurred). </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2020-1</FONT> DBRS Intermediate Enhanced Vehicle Percentage</U>&#148; means, as of any date
of determination, 100% minus the sum of (a)&nbsp;the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> DBRS Lowest Enhanced Vehicle Percentage and (b)&nbsp;the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> DBRS Highest Enhanced Vehicle
Percentage. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2020-1</FONT> DBRS Intermediate Enhancement Rate</U>&#148; means, as of any
date of determination, the sum of (a) 20.85% and (b)&nbsp;the highest, for any calendar month within the preceding twelve (12)&nbsp;calendar months, of the greater of (x)&nbsp;an amount (not less than zero) equal to 100% <U>minus</U> the Measurement
Month Average for the immediately preceding Measurement Month and (y)&nbsp;an amount (not less than zero) equal to 100% <U>minus</U> the Market Value Average as of the Determination Date within such calendar month (excluding the Market Value Average
for any Determination Date which has not yet occurred). </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2020-1</FONT> DBRS Lowest
Enhanced Vehicle Percentage</U>&#148; means, as of any date of determination, a fraction, expressed as a percentage, (a)&nbsp;the numerator of which is the sum, without duplication, of (1)&nbsp;the aggregate Net Book Value of all Program Vehicles
leased under the AESOP I Operating Lease that are manufactured by Eligible Program Manufacturers having long-term senior unsecured debt ratings from DBRS (or, with respect to any Manufacturer that is not rated by DBRS, a DBRS Equivalent Rating) of
&#147;BBB (low)&#148; or higher as of such date, and (2)&nbsp;so long as any Eligible <FONT STYLE="white-space:nowrap">Non-Program</FONT> Manufacturer has a long-term senior unsecured debt rating from DBRS (or, if any such Manufacturer is not rated
by DBRS, a DBRS Equivalent Rating) of &#147;BBB (low)&#148; or higher and no Manufacturer Event of Default has occurred and is continuing with respect to such Eligible <FONT STYLE="white-space:nowrap">Non-Program</FONT> Manufacturer, the aggregate
Net Book Value of all <FONT STYLE="white-space:nowrap">Non-Program</FONT> Vehicles leased under the AESOP I Operating Lease manufactured by each such Eligible <FONT STYLE="white-space:nowrap">Non-Program</FONT> Manufacturer that are subject to a
Manufacturer Program and remain eligible for repurchase thereunder as of such date and (b)&nbsp;the denominator of which is the aggregate Net Book Value of all Vehicles leased under the AESOP I Operating Lease as of such date. </P>
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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2020-1</FONT> DBRS Lowest Enhancement
Rate</U>&#148; means, as of any date of determination, 9.85%. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2020-1</FONT> DBRS
Required Enhancement Amount</U>&#148; means, as of any date of determination, the product of (i)&nbsp;the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> DBRS Required Enhancement Percentage as of such date and (ii)&nbsp;the Class&nbsp;A/B/C
Invested Amount as of such date. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2020-1</FONT> DBRS Required Enhancement
Percentage</U>&#148; means, as of any date of determination, the sum of (i)&nbsp;the product of (A)&nbsp;the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> DBRS Lowest Enhancement Rate as of such date and (B)&nbsp;the Series <FONT
STYLE="white-space:nowrap">2020-1</FONT> DBRS Lowest Enhanced Vehicle Percentage as of such date, (ii)&nbsp;the product of (A)&nbsp;the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> DBRS Intermediate Enhancement Rate as of such date and
(B)&nbsp;the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> DBRS Intermediate Enhanced Vehicle Percentage as of such date, and (iii)&nbsp;the product of (A)&nbsp;the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> DBRS Highest
Enhancement Rate as of such date and (B)&nbsp;the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> DBRS Highest Enhanced Vehicle Percentage as of such date. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Demand Note</U>&#148; means each demand note made by a Demand Note Issuer,
substantially in the form of <U>Exhibit F</U>, as amended, modified or restated from time to time. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT
STYLE="white-space:nowrap">2020-1</FONT> Demand Note Payment Amount</U>&#148; means, as of the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Letter of Credit Termination Date, the aggregate amount of all proceeds of demands made on the
Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Demand Notes pursuant to Section&nbsp;2.5(c)(i), (d)(i) or (e)(i) that were deposited into the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Distribution Account and paid to the Series <FONT
STYLE="white-space:nowrap">2020-1</FONT> Noteholders during the one year period ending on the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Letter of Credit Termination Date; <U>provided</U>, <U>however</U>, that if an Event of Bankruptcy
(or the occurrence of an event described in clause (a)&nbsp;of the definition thereof, without the lapse of a period of sixty (60)&nbsp;consecutive days) with respect to a Demand Note Issuer shall have occurred during such one year period, the
Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Demand Note Payment Amount as of the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Letter of Credit Termination Date shall equal the Series <FONT STYLE="white-space:nowrap">2020-1</FONT>
Demand Note Payment Amount as if it were calculated as of the date of such occurrence. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series
<FONT STYLE="white-space:nowrap">2020-1</FONT> Deposit Date</U>&#148; is defined in Section&nbsp;2.2. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT
STYLE="white-space:nowrap">2020-1</FONT> Distribution Account</U>&#148; is defined in Section&nbsp;2.9(a). </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT
STYLE="white-space:nowrap">2020-1</FONT> Distribution Account Collateral</U>&#148; is defined in Section&nbsp;2.9(d). </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT
STYLE="white-space:nowrap">2020-1</FONT> Eligible Letter of Credit Provider</U>&#148; means a Person satisfactory to ABCR and the Demand Note Issuers and having, at the time of the issuance of the related Series
<FONT STYLE="white-space:nowrap">2020-1</FONT> Letter of Credit, a <FONT STYLE="white-space:nowrap">long-term</FONT> senior unsecured debt rating (or the equivalent thereof) of at least &#147;A1&#148; from Moody&#146;s, at least &#147;A (high)&#148;
from DBRS and at least &#147;A+&#148; from Fitch and a short term senior unsecured debt rating of at least <FONT STYLE="white-space:nowrap">&#147;P-1&#148;</FONT> from Moody&#146;s, at least <FONT STYLE="white-space:nowrap">&#147;R-1&#148;</FONT>
from DBRS and at least &#147;F1&#148; from Fitch that is (a)&nbsp;a commercial bank having total assets in excess of $500,000,000, (b) a finance company, insurance company or other financial institution that in the ordinary course of business issues
letters of credit and has total assets in excess of $200,000,000 or (c)&nbsp;any other financial institution; <U>provided</U>, <U>however</U>, that if a Person is not a Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Letter of Credit Provider
(or a letter of credit provider under the Supplement for any other Series of Notes), then such Person shall not be a Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Eligible Letter of Credit Provider until ABRCF has provided ten
(10)&nbsp;days&#146; prior notice to the Rating Agencies that such Person has been proposed as a Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Letter of Credit Provider. </P>
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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Enhancement</U>&#148; means
the Class&nbsp;A/B/C Cash Collateral Account Collateral, the Class&nbsp;D Cash Collateral Account Collateral, the Class&nbsp;A/B/C Letters of Credit, the Class&nbsp;D Letters of Credit, the Series <FONT STYLE="white-space:nowrap">2020-1</FONT>
Demand Notes, the Class&nbsp;D Overcollateralization Amount and the Class&nbsp;A/B/C Required Reserve Account Amount. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT
STYLE="white-space:nowrap">2020-1</FONT> Enhancement Deficiency</U>&#148; means a Class&nbsp;A/B/C Enhancement Deficiency or a Class&nbsp;D Enhancement Deficiency. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Excess Collection Account</U>&#148; is defined in Section&nbsp;2.1(b). </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Expected Final Distribution Date</U>&#148; means the August 2025 Distribution
Date. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Final Distribution Date</U>&#148; means the August 2026 Distribution
Date. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Interest Period</U>&#148; means a period commencing on and including
a Distribution Date and ending on and including the day preceding the next succeeding Distribution Date; <U>provided</U>, <U>however</U>, that (x)&nbsp;the initial Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Interest Period with respect to
the Class&nbsp;A Notes, the Class&nbsp;B Notes and the Class&nbsp;C Notes commenced on and included the Class&nbsp;A/B/C Closing Date and ended on and included February&nbsp;19, 2020 and (y)&nbsp;the initial Series
<FONT STYLE="white-space:nowrap">2020-1</FONT> Interest Period with respect to the Class&nbsp;D Notes shall commence on and include the Class&nbsp;D Closing Date and shall end on and include July&nbsp;19, 2021. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Invested Amount</U>&#148; means, as of any date of determination, the sum of
the Class&nbsp;A Invested Amount as of such date, the Class&nbsp;B Invested Amount as of such date, the Class&nbsp;C Invested Amount as of such date, the Class&nbsp;D Invested Amount as of such date and the Class&nbsp;R Invested Amount as of such
date. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Invested Percentage</U>&#148; means, as of any date of
determination: </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(a) when used with respect to Principal Collections, the percentage equivalent (which percentage shall never exceed 100%)
of a fraction, the numerator of which shall be equal to the greater of (x)&nbsp;the sum of the Class&nbsp;A/B/C Invested Amount and the Class&nbsp;A/B/C Overcollateralization Amount and (y)&nbsp;the Series
<FONT STYLE="white-space:nowrap">2020-1</FONT> Invested Amount and the Class&nbsp;D Overcollateralization Amount, determined during the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Revolving Period as of the end of the Related Month (or,
until the end of the Related Month during which the Class&nbsp;D Notes Closing Date occurs, on the Class&nbsp;D Notes Closing Date), or, during the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Controlled Amortization Period and the Series <FONT
STYLE="white-space:nowrap">2020-1</FONT> Rapid Amortization Period, as of the end of the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Revolving Period, and the denominator of which shall be the greater of (I)&nbsp;the Aggregate Asset Amount
as of the end of the Related Month or, until the end of the initial Related Month, as of the Class&nbsp;A/B/C Closing Date, and (II)&nbsp;as of the same date as in clause (I), the sum of the numerators used to determine the invested percentages for
allocations with respect to Principal Collections (for all Series of Notes and all classes of such Series of Notes); and </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">26 </P>

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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(b) when used with respect to Interest Collections, the percentage equivalent (which
percentage shall never exceed 100%) of a fraction, the numerator of which shall be the Accrued Amounts with respect to the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Notes on such date of determination, and the denominator of which shall
be the aggregate Accrued Amounts with respect to all Series of Notes on such date of determination. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT
STYLE="white-space:nowrap">2020-1</FONT> Lease Interest Payment Deficit</U>&#148; means, on any Distribution Date, an amount equal to the excess, if any, of (1)&nbsp;the excess, if any, of (a)&nbsp;the aggregate amount of Interest Collections which
pursuant to Section&nbsp;2.2(a), (b), (c) or (d)&nbsp;would have been allocated to the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Accrued Interest Account if all payments of Monthly Base Rent required to have been made under the Leases
from and excluding the preceding Distribution Date to and including such Distribution Date were made in full over (b)&nbsp;the aggregate amount of Interest Collections which pursuant to Section&nbsp;2.2(a), (b), (c) or (d)&nbsp;have been allocated
to the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Accrued Interest Account (excluding any amounts paid into the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Accrued Interest Account pursuant to the proviso in Sections 2.2(c)(ii)
and/or 2.2(d)(ii)) from and excluding the preceding Distribution Date to and including the Business Day immediately preceding such Distribution Date over (2)&nbsp;the Class&nbsp;R Monthly Interest with respect to the Series <FONT
STYLE="white-space:nowrap">2020-1</FONT> Interest Period ended on the day preceding such Distribution Date. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT
STYLE="white-space:nowrap">2020-1</FONT> Lease Payment Deficit</U>&#148; means either a Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Lease Interest Payment Deficit or a Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Lease Principal
Payment Deficit. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Lease Principal Payment Carryover Deficit</U>&#148; means
(a)&nbsp;for the initial Distribution Date, zero and (b)&nbsp;for any other Distribution Date, the excess of (x)&nbsp;the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Lease Principal Payment Deficit, if any, on the preceding Distribution
Date <U>over</U> (y)&nbsp;the amount deposited in the Distribution Account on such preceding Distribution Date pursuant to Section&nbsp;2.5(b) on account of such Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Lease Principal Payment Deficit.
</P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Lease Principal Payment Deficit</U>&#148; means on any Distribution Date,
the sum of (a)&nbsp;the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Monthly Lease Principal Payment Deficit for such Distribution Date and (b)&nbsp;the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Lease Principal Payment Carryover
Deficit for such Distribution Date. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Letter of Credit</U>&#148; means a
Class&nbsp;A/B/C Letter of Credit or a Class&nbsp;D Letter of Credit, as the context may require. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT
STYLE="white-space:nowrap">2020-1</FONT> Letter of Credit Liquidity Amount</U>&#148; means, as of any date of determination, the sum of (a)&nbsp;the Class&nbsp;A/B/C Letter of Credit Liquidity Amount on such date and (b)&nbsp;the Class&nbsp;D Letter
of Credit Liquidity Amount on such date. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Letter of Credit
Provider</U>&#148; means the issuer of a Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Letter of Credit. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT
STYLE="white-space:nowrap">2020-1</FONT> Letter of Credit Termination Date</U>&#148; means the first to occur of (a)&nbsp;the date on which the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Notes are fully paid and (b)&nbsp;the Series <FONT
STYLE="white-space:nowrap">2020-1</FONT> Termination Date. </P>
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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Limited Liquidation Event of
Default</U>&#148; means, so long as such event or condition continues, any event or condition of the type specified in clauses (a)&nbsp;through (g) of Article III; <U>provided</U>, <U>however</U>, that any event or condition of the type specified in
clauses (a)&nbsp;through (g) of Article III shall not constitute a Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Limited Liquidation Event of Default if the Trustee shall have received the written consent of the Requisite Series <FONT
STYLE="white-space:nowrap">2020-1</FONT> Noteholders waiving the occurrence of such Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Limited Liquidation Event of Default. The Trustee shall promptly (but in any event within two (2)&nbsp;days)
provide the Rating Agencies with written notice of such waiver. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Maximum
Hyundai Amount</U>&#148; means, as of any day, an amount equal to 20% of the aggregate Net Book Value of all Vehicles leased under the Leases on such day. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Maximum Individual Isuzu/Subaru Amount</U>&#148; means, as of any day, with
respect to Isuzu or Subaru individually, an amount equal to 5% of the aggregate Net Book Value of all Vehicles leased under the Leases on such day. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Maximum Kia Amount</U>&#148; means, as of any day, an amount equal to 10% of
the aggregate Net Book Value of all Vehicles leased under the Leases on such day. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series
<FONT STYLE="white-space:nowrap">2020-1</FONT> Maximum Mitsubishi Amount</U>&#148; means, as of any day, an amount equal to 10% of the aggregate Net Book Value of all Vehicles leased under the Leases on such day. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Maximum <FONT STYLE="white-space:nowrap">Non-Eligible</FONT> Manufacturer
Amount</U>&#148; means, as of any day, an amount equal to 3% of the aggregate Net Book Value of all Vehicles leased under the Leases on such day. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Maximum <FONT STYLE="white-space:nowrap">Non-Program</FONT> Vehicle
Amount</U>&#148; means, as of any day, an amount equal to the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Maximum <FONT STYLE="white-space:nowrap">Non-Program</FONT> Vehicle Percentage of the aggregate Net Book Value of all Vehicles leased
under the Leases on such day. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Maximum
<FONT STYLE="white-space:nowrap">Non-Program</FONT> Vehicle Percentage</U>&#148; means, as of any date of determination, the sum of (a) 85% and (b)&nbsp;a fraction, expressed as a percentage, the numerator of which is the aggregate Net Book Value of
all Redesignated Vehicles manufactured by a Bankrupt Manufacturer or a Manufacturer with respect to which a Manufacturer Event of Default has occurred, and in each case leased under the AESOP I Operating Lease or the Finance Lease as of such date,
and the denominator of which is the aggregate Net Book Value of all Vehicles leased under the Leases as of such date. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT
STYLE="white-space:nowrap">2020-1</FONT> Maximum Specified States Amount</U>&#148; means, as of any day, an amount equal to 7.5% of the aggregate Net Book Value of all Vehicles leased under the Leases on such day. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Maximum Suzuki Amount</U>&#148; means, as of any day, an amount equal to 7.5%
of the aggregate Net Book Value of all Vehicles leased under the Leases on such day. </P>
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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Maximum Used Vehicle
Amount</U>&#148; means, as of any day, an amount equal to 25% of the aggregate Net Book Value of all Vehicles leased under the Leases on such day. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Monthly Lease Principal Payment Deficit</U>&#148; means, on any Distribution
Date, an amount equal to the excess, if any, of (1)&nbsp;the excess, if any, of (a)&nbsp;the aggregate amount of Principal Collections which pursuant to Section&nbsp;2.2(a), (b), (c) or (d)&nbsp;would have been allocated to the Series <FONT
STYLE="white-space:nowrap">2020-1</FONT> Collection Account if all payments required to have been made under the Leases from and excluding the preceding Distribution Date to and including such Distribution Date were made in full over (b)&nbsp;the
aggregate amount of Principal Collections which pursuant to Section&nbsp;2.2(a), (b), (c) or (d)&nbsp;have been allocated to the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Collection Account (without giving effect to any amounts paid into
the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Accrued Interest Account pursuant to the proviso in Sections 2.2(c)(ii) and/or 2.2(d)(ii)) from and excluding the preceding Distribution Date to and including the Business Day immediately
preceding such Distribution Date over (2)&nbsp;the principal due and payable with respect to the Class&nbsp;R Notes on such Distribution Date. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Moody&#146;s Highest Enhanced Vehicle Percentage</U>&#148;<I> </I>means, as of
any date of determination, a fraction, expressed as a percentage, (a)&nbsp;the numerator of which is the aggregate Net Book Value of all Vehicles leased under the AESOP I Operating Lease that are either not subject to a Manufacturer Program or not
eligible for repurchase under a Manufacturer Program as of such date and (b)&nbsp;the denominator of which is the aggregate Net Book Value of all Vehicles leased under the AESOP I Operating Lease as of such date. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Moody&#146;s Highest Enhancement Rate</U>&#148; means, as of any date of
determination, the sum of (a) 12.60% (with respect to calculating the Class&nbsp;D Required Enhancement Amount) or 20.80% (with respect to calculating the Class&nbsp;A/B/C Required Enhancement Amount), (b) the greater of (x)&nbsp;the highest for any
calendar month within the preceding 12 calendar months, an amount (not less than zero) equal to 100% <U>minus</U> the Measurement Month Average for the immediately preceding Measurement Month and (y)&nbsp;(i) with respect to calculating the
Class&nbsp;A/B/C Required Enhancement Amount, the highest for any calendar month within the preceding 12 calendar months and (ii)&nbsp;with respect to calculating the Class&nbsp;D Required Enhancement Amount, the highest for any calendar month
within the preceding 3 calendar months, of an amount (not less than zero) equal to 100% <U>minus</U> the Market Value Average as of the Determination Date within such calendar month (excluding the Market Value Average for any Determination Date
which has not yet occurred) and (c)&nbsp;with respect to calculating the Class&nbsp;D Required Enhancement Amount only, if the <FONT STYLE="white-space:nowrap">Non-Program</FONT> Vehicle Amount exceeds the Series
<FONT STYLE="white-space:nowrap">2020-1</FONT> Maximum <FONT STYLE="white-space:nowrap">Non-Program</FONT> Vehicle Amount as of such date of determination, 1.00%. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Moody&#146;s Intermediate Enhanced Vehicle Percentage</U>&#148; means, as of
any date of determination, 100% <U>minus</U> the sum of (a)&nbsp;the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Moody&#146;s Lowest Enhanced Vehicle Percentage and (b)&nbsp;the Series <FONT STYLE="white-space:nowrap">2020-1</FONT>
Moody&#146;s Highest Enhanced Vehicle Percentage. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">29 </P>

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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Moody&#146;s Intermediate
Enhancement Rate</U>&#148; means, as of any date of determination, 8.50% (with respect to calculating the Class&nbsp;D Required Enhancement Amount) or 16.25% (with respect to calculating the Class&nbsp;A/B/C Required Enhancement Amount). </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Moody&#146;s Lowest Enhanced Vehicle Percentage</U>&#148; means, as of any date
of determination, a fraction, expressed as a percentage, (a)&nbsp;the numerator of which is the sum, without duplication, of (1)&nbsp;the aggregate Net Book Value of all Program Vehicles leased under the AESOP I Operating Lease that are manufactured
by Eligible Program Manufacturers having a <FONT STYLE="white-space:nowrap">long-term</FONT> corporate family rating of &#147;Baa3&#148; or higher from Moody&#146;s as of such date (or, if any Eligible Program Manufacturer does not have a long-term
corporate family rating from Moody&#146;s as of such date, a long-term senior unsecured debt rating of at least &#147;Ba1&#148; from Moody&#146;s as of such date), and (2)&nbsp;so long as any Eligible
<FONT STYLE="white-space:nowrap">Non-Program</FONT> Manufacturer has a <FONT STYLE="white-space:nowrap">long-term</FONT> corporate family rating of &#147;Baa3&#148; or higher from Moody&#146;s as of such date (or, if any Eligible <FONT
STYLE="white-space:nowrap">Non-Program</FONT> Manufacturer does not have a long-term corporate family rating from Moody&#146;s as of such date, a long-term senior unsecured debt rating of at least &#147;Ba1&#148; from Moody&#146;s as of such date)
and no Manufacturer Event of Default has occurred and is continuing with respect to such Eligible <FONT STYLE="white-space:nowrap">Non-Program</FONT> Manufacturer, the aggregate Net Book Value of all
<FONT STYLE="white-space:nowrap">Non-Program</FONT> Vehicles leased under the AESOP I Operating Lease manufactured by each such Eligible <FONT STYLE="white-space:nowrap">Non-Program</FONT> Manufacturer that are subject to a Manufacturer Program and
remain eligible for repurchase thereunder as of such date and (b)&nbsp;the denominator of which is the aggregate Net Book Value of all Vehicles leased under the AESOP I Operating Lease as of such date. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Moody&#146;s Lowest Enhancement Rate</U>&#148; means, as of any date of
determination, 5.00% (with respect to calculating the Class&nbsp;D Required Enhancement Amount) or 12.75% (with respect to calculating the Class&nbsp;A/B/C Required Enhancement Amount). </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Moody&#146;s Required Enhancement Amount</U>&#148; means, as of any date of
determination, the product of (i)&nbsp;the applicable Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Moody&#146;s Required Enhancement Percentage as of such date and (ii)&nbsp;an amount equal to (x)&nbsp;with respect to calculating the
Class&nbsp;A/B/C Required Enhancement Amount, the sum of (1)&nbsp;the Class&nbsp;A Invested Amount, (2)&nbsp;the Class&nbsp;B Invested Amount and (3)&nbsp;the Class&nbsp;C Invested Amount, in each case as of such date and (y)&nbsp;with respect to
calculating the Class&nbsp;D Required Enhancement Amount, the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Senior Invested Amount minus the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Allocated Cash Amount. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Moody&#146;s Required Enhancement Percentage</U>&#148; means, as of any date of
determination, the sum of (i)&nbsp;the product of (A)&nbsp;the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Moody&#146;s Lowest Enhancement Rate as of such date and (B)&nbsp;the Series <FONT STYLE="white-space:nowrap">2020-1</FONT>
Moody&#146;s Lowest Enhanced Vehicle Percentage as of such date, (ii)&nbsp;the product of (A)&nbsp;the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Moody&#146;s Intermediate Enhancement Rate as of such date and (B)&nbsp;the Series <FONT
STYLE="white-space:nowrap">2020-1</FONT> Moody&#146;s Intermediate Enhanced Vehicle Percentage as of such date, and (iii)&nbsp;the product of (A)&nbsp;the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Moody&#146;s Highest Enhancement Rate as
of such date and (B)&nbsp;the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Moody&#146;s Highest Enhanced Vehicle Percentage as of such date. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Note Owner</U>&#148; means each beneficial owner of a Series <FONT
STYLE="white-space:nowrap">2020-1</FONT> Note. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Noteholder</U>&#148; means
any Class&nbsp;A Noteholder, any Class&nbsp;B Noteholder, any Class&nbsp;C Noteholder, any Class&nbsp;D Noteholder or any Class&nbsp;R Noteholder. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">30 </P>

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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Notes</U>&#148; means,
collectively, the Class&nbsp;A Notes, the Class&nbsp;B Notes, the Class&nbsp;C Notes, the Class&nbsp;D Notes, and the Class&nbsp;R Notes. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Past Due Rent Payment</U>&#148; is defined in Section&nbsp;2.2(g). </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Percentage</U>&#148; means, as of any date of determination, a fraction,
expressed as a percentage, the numerator of which is the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Invested Amount as of such date and the denominator of which is the Aggregate Invested Amount as of such date. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Principal Allocation</U>&#148; is defined in Section&nbsp;2.2(a)(ii). </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Post-Twenty Four Month Measurement Month</U>&#148; means, with respect to any
date, collectively, each of the three periods most closely preceding such date, each of which periods shall consist of one calendar month, or the smallest number of consecutive calendar months, in which (a)&nbsp;at least 250 <FONT
STYLE="white-space:nowrap">Non-Program</FONT> Vehicles that are in months 25 through 48 of their lease at the time of such sale and were sold at auction or otherwise or (b)&nbsp;at least <FONT STYLE="white-space:nowrap">one-twelfth</FONT> of the
aggregate Net Book Value of all of the <FONT STYLE="white-space:nowrap">Non-Program</FONT> Vehicles that are in months 25 through 48 of their lease at the time of such sale and are leased under the AESOP I Operating Lease and the Finance Lease as of
the last day of each such period were sold at auction or otherwise; <U>provided</U>, <U>however</U>, that no calendar month included in a Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Post-Twenty Four Month Measurement Month shall be
included in any other Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Post-Twenty Four Month Measurement Month; <U>provided</U>, <U>further</U>, that Unaccepted Program Vehicles shall be excluded for purposes of the foregoing determination.
The Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Post-Twenty Four Month Measurement Month shall be a &#147;Post-Twenty Four Month Measurement Month&#148; for purposes of the Depreciation Schedule. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Post-Twenty Four Month Measurement Month Average</U>&#148; means, with respect
to any Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Post-Twenty-Four Month Measurement Month, the percentage equivalent of a fraction, the numerator of which is the aggregate amount of disposition proceeds of all <FONT
STYLE="white-space:nowrap">Non-Program</FONT> Vehicles that are in months 25 through 48 of their lease at the time of such sale and are sold at auction or otherwise during such Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Post-Twenty Four
Month Measurement Month (excluding any Unaccepted Program Vehicles) and the denominator of which is the aggregate Net Book Value of such Vehicles on the dates of their respective sales. The Series <FONT STYLE="white-space:nowrap">2020-1</FONT>
Post-Twenty Four Month Measurement Month Average shall be a &#147;Post-Twenty Four Month Measurement Month Average&#148; for purposes of the Depreciation Schedule. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Rapid Amortization Period</U>&#148; means the period beginning at the close of
business on the Business Day immediately preceding the day on which an Amortization Event is deemed to have occurred with respect to the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Notes and ending upon the earliest to occur of
(i)&nbsp;the date on which the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Notes are fully paid, (ii)&nbsp;the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Final Distribution Date and (iii)&nbsp;the termination of the Indenture.
</P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Reimbursement Agreement</U>&#148; means any and each agreement providing
for the reimbursement of a Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Letter of Credit Provider for draws under its Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Letter of Credit as the same may be amended, supplemented, restated
or otherwise modified from time to time. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">31 </P>

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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Repurchase Amount</U>&#148;
is defined in Section&nbsp;5.1(a). </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Required AESOP I Operating Lease
Vehicle Amount</U>&#148; means, as of any date of determination, the sum of (i)&nbsp;the Class&nbsp;A/B/C Invested Amount as of such date and (ii)&nbsp;the greater of (x)&nbsp;the Class&nbsp;A/B/C Required Overcollateralization Amount as of such
date and (y)&nbsp;the sum of (A)&nbsp;the Class&nbsp;D Invested Amount as of such date and (B)&nbsp;the Class&nbsp;D Required Overcollateralization Amount as of such date. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Reserve Accounts</U>&#148; means, together, the Class&nbsp;A/B/C Reserve
Account and the Class&nbsp;D Reserve Account. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Revolving Period</U>&#148;
means the period from and including the Class&nbsp;A/B/C Closing Date to the earlier of (i)&nbsp;the commencement of the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Controlled Amortization Period and (ii)&nbsp;the commencement of the
Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Rapid Amortization Period. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series
<FONT STYLE="white-space:nowrap">2020-1</FONT> Senior Invested Amount</U>&#148; means, on any date, the sum of the Class&nbsp;A Invested Amount on such date, the Class&nbsp;B Invested Amount on such date, the Class&nbsp;C Invested Amount on such
date and the Class&nbsp;D Invested Amount on such date. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Senior Monthly
Interest</U>&#148; means, with respect to any Distribution Date, the sum of the Class&nbsp;A Monthly Interest, the Class&nbsp;B Monthly Interest, the Class&nbsp;C Monthly Interest and the Class&nbsp;D Monthly Interest, in each case with respect to
the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Interest Period ended on the day preceding such Distribution Date. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Senior Notes</U>&#148; means, collectively, the Class&nbsp;A Notes, the
Class&nbsp;B Notes, the Class&nbsp;C Notes and the Class&nbsp;D Notes. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2020-1</FONT>
Shortfall</U>&#148; means, on any Distribution Date, the sum of the Class&nbsp;A Shortfall, the Class&nbsp;B Shortfall, the Class&nbsp;C Shortfall and the Class&nbsp;D Shortfall on such Distribution Date. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Termination Date</U>&#148; means the August 2026 Distribution Date. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Trustee&#146;s Fees</U>&#148; means, for any Distribution Date during the
Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Rapid Amortization Period on which there exists a Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Lease Interest Payment Deficit, a portion of the fees payable to the Trustee in an amount
equal to the product of (i)&nbsp;the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Percentage as of the beginning of the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Interest Period ending on the day preceding such Distribution Date
and (ii)&nbsp;the fees owing to the Trustee under the Base Indenture; <U>provided</U>, <U>however</U>, that the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Trustee&#146;s Fees in the aggregate for all Distribution Dates shall not exceed
1.1% of the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Required AESOP I Operating Lease Vehicle Amount as of the last day of the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Revolving Period. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Supplement</U>&#148; is defined in the preamble hereto. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Temporary Global Class</U><U></U><U>&nbsp;A Note</U>&#148; is defined in Section&nbsp;4.2. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Temporary Global Class</U><U></U><U>&nbsp;B Note</U>&#148; is defined in Section&nbsp;4.2. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">32 </P>

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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Temporary Global Class</U><U></U><U>&nbsp;C Note</U>&#148; is defined in
Section&nbsp;4.2. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Temporary Global Class</U><U></U><U>&nbsp;D Note</U>&#148; is defined in Section&nbsp;4.2. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Temporary Global Class</U><U></U><U>&nbsp;R Note</U>&#148; is defined in Section&nbsp;4.2. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Temporary Global Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Notes</U>&#148; is defined in Section&nbsp;4.2. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Termination Date Disbursement</U>&#148; means an amount drawn under a Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Letter of
Credit pursuant to a Certificate of Termination Date Demand. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Termination Disbursement</U>&#148; means an amount drawn under a
Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Letter of Credit pursuant to a Certificate of Termination Demand. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Transferee</U>&#148; has the meaning set forth in Section&nbsp;5.23(c). </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Trustee</U>&#148; is defined in the recitals hereto. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Unpaid Demand Note Disbursement</U>&#148; means an amount drawn under a Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Letter
of Credit pursuant to a Certificate of Unpaid Demand Note Demand. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>U.S. Risk Retention Rules</U>&#148; means the federal
interagency credit risk retention rules, codified at 17 C.F.R. Part 246. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>U.S. Treasury Rate</U>&#148; means, with respect to any
Remaining Distribution Amount, a rate determined one Business Day prior to the Optional Repurchase Distribution Date that is equal to the U.S. Treasury rate on such date (determined by reference to Bloomberg Financial Markets Commodities News) with
a maturity equal to the period from such Optional Repurchase Distribution Date to the Applicable Distribution Date with respect to such Remaining Distribution Amount (or, if such maturity is unavailable, such rate shall be determined by linear
interpolation using the U.S. Treasury rates with the two closest maturities to such period). </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(c) Any amounts calculated by reference to
the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Invested Amount (or any component thereof) on any date shall, unless otherwise stated, be calculated after giving effect to any payment of principal made to the applicable Series <FONT
STYLE="white-space:nowrap">2020-1</FONT> Noteholders on such date. </P> <P STYLE="margin-top:24pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>ARTICLE II </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>SERIES <FONT STYLE="white-space:nowrap">2020-1</FONT> ALLOCATIONS </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">With respect to the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Notes, the following shall apply: </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;2.1. <U>Establishment of Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Collection Account, Series <FONT
STYLE="white-space:nowrap">2020-1</FONT> Excess Collection Account and Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Accrued Interest Account</U>. (a)&nbsp;All Collections allocable to the Series
<FONT STYLE="white-space:nowrap">2020-1</FONT> Notes shall be allocated to the Collection Account. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(b) The Trustee has created three
administrative subaccounts within the Collection Account for the benefit of the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Noteholders: the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Collection
</P>
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Account (such <FONT STYLE="white-space:nowrap">sub-account,</FONT> the &#147;<U>Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Collection Account</U>&#148;), the Series <FONT
STYLE="white-space:nowrap">2020-1</FONT> Excess Collection Account (such <FONT STYLE="white-space:nowrap">sub-account,</FONT> the &#147;<U>Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Excess Collection Account</U>&#148;) and the Series <FONT
STYLE="white-space:nowrap">2020-1</FONT> Accrued Interest Account (such <FONT STYLE="white-space:nowrap">sub-account,</FONT> the &#147;<U>Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Accrued Interest Account</U>&#148;). </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;2.2. <U>Allocations with Respect to the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Notes</U>. The net proceeds from
the initial sale of the Class&nbsp;A Notes, Class&nbsp;B Notes, Class&nbsp;C Notes and Class&nbsp;R Notes were deposited into the Collection Account on the Class&nbsp;A/B/C Closing Date and the net proceeds from the issuance of Class&nbsp;D Notes
and Additional Class&nbsp;R Notes shall be deposited into the Collection Account on the Class&nbsp;D Notes Closing Date. On each Business Day on which Collections are deposited into the Collection Account (each such date, a &#147;Series <FONT
STYLE="white-space:nowrap">2020-1</FONT> Deposit Date&#148;), the Administrator will direct the Trustee in writing pursuant to the Administration Agreement to allocate all amounts deposited into the Collection Account in accordance with the
provisions of this Section&nbsp;2.2. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(a) <U>Allocations of Collections During the Series <FONT STYLE="white-space:nowrap">2020-1</FONT>
Revolving Period</U>. During the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Revolving Period, the Administrator will direct the Trustee in writing pursuant to the Administration Agreement to allocate, prior to 11:00&nbsp;a.m. (New York
City time) on each Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Deposit Date, all amounts deposited into the Collection Account as set forth below: </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:9%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(i) allocate to the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Collection Account an amount equal to the Series <FONT
STYLE="white-space:nowrap">2020-1</FONT> Invested Percentage (as of such day) of the aggregate amount of Interest Collections on such day. All such amounts allocated to the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Collection Account
shall be further allocated to the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Accrued Interest Account; and </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:9%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(ii)
allocate to the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Excess Collection Account an amount equal to the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Invested Percentage (as of such day) of the aggregate amount of Principal
Collections on such day (for any such day, the &#147;<U>Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Principal Allocation</U>&#148;). </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(b) <U>Allocations of Collections During the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Controlled Amortization Period</U>. With
respect to the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Controlled Amortization Period, the Administrator will direct the Trustee in writing pursuant to the Administration Agreement to allocate, prior to 11:00 a.m. (New York City time)
on any Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Deposit Date, all amounts deposited into the Collection Account as set forth below: </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:9%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(i) allocate to the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Collection Account an amount determined as set forth
in Section&nbsp;2.2(a)(i) above for such day, which amount shall be further allocated to the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Accrued Interest Account; and </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:9%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(ii) allocate to the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Collection Account an amount equal to the Series <FONT
STYLE="white-space:nowrap">2020-1</FONT> Principal Allocation for such day, which amount shall be used to make principal payments in respect of the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Notes in accordance with Section&nbsp;2.5, (A)
first, in respect of the Class&nbsp;A Notes in an amount equal to the Class&nbsp;A Controlled Distribution Amount, (B)&nbsp;second, in respect of the Class&nbsp;B Notes in an amount equal to the Class&nbsp;B Controlled Distribution Amount,
(C)&nbsp;third, in respect of the Class&nbsp;C Notes in an </P>
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amount equal to the Class&nbsp;C Controlled Distribution Amount, (D)&nbsp;fourth, in respect of the Class&nbsp;D Notes in an amount equal to the Class&nbsp;D Controlled Distribution Amount and
(E)&nbsp;fifth, in respect of the Class&nbsp;R Notes in an amount equal to the Class&nbsp;R Controlled Amortization Amount, in each case with respect to the Related Month; <U>provided</U>, <U>however</U>, that if the Monthly Total Principal
Allocation exceeds the sum of the Class&nbsp;A Controlled Distribution Amount, the Class&nbsp;B Controlled Distribution Amount, the Class&nbsp;C Controlled Distribution Amount, the Class&nbsp;D Controlled Distribution Amount and the Class&nbsp;R
Controlled Amortization Amount, in each case with respect to the Related Month, then the amount of such excess shall be allocated to the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Excess Collection Account. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(c) <U>Allocations of Collections During the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Rapid Amortization Period</U>. With respect
to the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Rapid Amortization Period, other than after the occurrence of an Event of Bankruptcy with respect to ABCR, any other Lessee or any Permitted Sublessee, the Administrator will direct the
Trustee in writing pursuant to the Administration Agreement to allocate, prior to 11:00 a.m. (New&nbsp;York City time) on any Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Deposit Date, all amounts deposited into the Collection Account as
set forth below: </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:9%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(i) allocate to the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Collection Account an amount
determined as set forth in Section&nbsp;2.2(a)(i) above for such day, which amount shall be further allocated to the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Accrued Interest Account; and </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(ii) allocate to the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Collection Account an amount equal to the Series <FONT
STYLE="white-space:nowrap">2020-1</FONT> Principal Allocation for such day, which amount shall be used in accordance with <U>Section</U><U></U><U>&nbsp;2.5</U> to make principal payments in respect of the Class&nbsp;A Notes until the Class&nbsp;A
Notes have been paid in full, and, after the Class&nbsp;A Notes have been paid in full, shall be used to make principal payments in respect of the Class&nbsp;B Notes until the Class&nbsp;B Notes have been paid in full, and, after the Class&nbsp;A
Notes and Class&nbsp;B Notes have been paid in full, shall be used to make principal payments in respect of the Class&nbsp;C Notes until the Class&nbsp;C Notes have been paid in full, and<I>,</I> after the Class&nbsp;A Notes, the Class&nbsp;B Notes,
and the Class&nbsp;C Notes have been paid in full, shall be used to make principal payments in respect of the Class&nbsp;D Notes until the Class&nbsp;D Notes have been paid in full and, after the Class&nbsp;A Notes, the Class&nbsp;B Notes, the
Class&nbsp;C Notes and the Class&nbsp;D Notes have been paid in full (including interest thereon), shall be used to make principal payments in respect of the Class&nbsp;R Notes until the Class&nbsp;R Notes have been paid in full; <U>provided</U>,
<U>however</U>, that if on any Determination Date (A)&nbsp;the Administrator determines that the amount anticipated to be available from Interest Collections allocable to the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Notes and other
amounts available pursuant to Section&nbsp;2.3 to pay the sum of (x)&nbsp;the Class&nbsp;A Monthly Interest, the Class&nbsp;B Monthly Interest and the Class&nbsp;C Monthly Interest on the related Distribution Date, and (y)&nbsp;any unpaid
Class&nbsp;A Shortfall, Class&nbsp;B Shortfall and Class&nbsp;C Shortfall on such Distribution Date (together with interest on such Class&nbsp;A Shortfall, Class&nbsp;B Shortfall and Class&nbsp;C Shortfall), will be less than the sum of (I)&nbsp;the
Class&nbsp;A Monthly Interest for such Distribution Date, (II)&nbsp;the Class&nbsp;B Monthly Interest for such Distribution Date, (III)&nbsp;the Class&nbsp;C Monthly Interest for such Distribution Date and (IV)&nbsp;such Class&nbsp;A Shortfall,
Class&nbsp;B Shortfall and Class&nbsp;C Shortfall (together with interest thereon) and (B)&nbsp;the Class&nbsp;A/B/C Enhancement Amount is greater than zero, then the Administrator shall direct the Trustee in writing to reallocate a portion of the
Principal Collections allocated to the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Notes during the Related Month equal to the lesser of such insufficiency </P>
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and the Class&nbsp;A/B/C Enhancement Amount to the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Accrued Interest Account to be treated as Interest Collections on such Distribution Date;
<U>provided</U>, <U>further</U>, <U>however</U>, that if on any Determination Date with respect to a Distribution Date on which the Class&nbsp;A Notes, the Class&nbsp;B Notes and the Class&nbsp;C Notes will no longer be outstanding (after giving
effect to all anticipated reductions in the Class&nbsp;A Invested Amount, the Class&nbsp;B Invested Amount and the Class&nbsp;C Invested Amount on such Distribution Date)&nbsp;(A) the Administrator determines that the amount anticipated to be
available from Interest Collections allocable to the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Notes and other amounts available pursuant to Section&nbsp;2.3 to pay the sum of (x)&nbsp;the Class&nbsp;D Monthly Interest on the related
Distribution Date and (y)&nbsp;any Class&nbsp;D Shortfall on such Distribution Date (together with interest thereon), will be less than the sum of (I)&nbsp;the Class&nbsp;D Monthly Interest for such Distribution Date and (II)&nbsp;such Class&nbsp;D
Shortfall (together with interest thereon) and (B)&nbsp;the Class&nbsp;D Enhancement Amount is greater than zero, then the Administrator shall direct the Trustee in writing to reallocate a portion of the Principal Collections allocated to the Series
<FONT STYLE="white-space:nowrap">2020-1</FONT> Notes during the Related Month equal to the lesser of such insufficiency and the Class&nbsp;D Enhancement Amount to the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Accrued Interest Account to
be treated as Interest Collections on such Distribution Date. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(d) <U>Allocations of Collections after the Occurrence of an Event of
Bankruptcy</U>. After the occurrence of an Event of Bankruptcy with respect to ABCR, any other Lessee or any Permitted Sublessee, the Administrator will direct the Trustee in writing pursuant to the Administration Agreement to allocate, prior to
11:00 a.m. (New&nbsp;York City time) on any Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Deposit Date, all amounts attributable to the AESOP I Operating Lease Loan Agreement deposited into the Collection Account as set forth below: </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:9%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(i) allocate to the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Collection Account an amount equal to the Series <FONT
STYLE="white-space:nowrap">2020-1</FONT> AESOP I Operating Lease Vehicle Percentage as of the date of the occurrence of such Event of Bankruptcy of the aggregate amount of Interest Collections made under the AESOP I Operating Lease Loan Agreement
for such day. All such amounts allocated to the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Collection Account shall be further allocated to the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Accrued Interest Account; and </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:9%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(ii) allocate to the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Collection Account an amount equal to the Series <FONT
STYLE="white-space:nowrap">2020-1</FONT> AESOP I Operating Lease Vehicle Percentage as of the date of the occurrence of such Event of Bankruptcy of the aggregate amount of Principal Collections made under the AESOP I Operating Lease Loan Agreement,
which amount shall be used in accordance with <U>Section</U><U></U><U>&nbsp;2.5</U>, to make principal payments in respect of the Class&nbsp;A Notes until the Class&nbsp;A Notes have been paid in full, and after the Class&nbsp;A Notes have been paid
in full shall be used to make principal payments in respect of the Class&nbsp;B Notes until the Class&nbsp;B Notes have been paid in full, and after the Class&nbsp;A Notes and the Class&nbsp;B Notes have been paid in full shall be used to make
principal payments in respect of the Class&nbsp;C Notes until the Class&nbsp;C Notes have been paid in full and after the Class&nbsp;A Notes, the Class&nbsp;B Notes and the Class&nbsp;C Notes have been paid in full, shall be used to make principal
payments in respect of the Class&nbsp;D Notes until the Class&nbsp;D Notes have been paid in full and, after the Class&nbsp;A Notes, the Class&nbsp;B Notes, the Class&nbsp;C Notes and the Class&nbsp;D Notes have been paid in full, shall be used to
make principal payments in respect of the Class&nbsp;R Notes until the Class&nbsp;R Notes have been paid in full; <U>provided</U>, <U>however</U>, </P>
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that if on any Determination Date (A)&nbsp;the Administrator determines that the amount anticipated to be available from Interest Collections allocable to the Series <FONT
STYLE="white-space:nowrap">2020-1</FONT> Notes and other amounts available pursuant to <U>Section</U><U></U><U>&nbsp;2.3</U> to pay the sum of (x)&nbsp;the Class&nbsp;A Monthly Interest, the Class&nbsp;B Monthly Interest and the Class&nbsp;C Monthly
Interest on the related Distribution Date, and (y)&nbsp;any unpaid Class&nbsp;A Shortfall, Class&nbsp;B Shortfall and Class&nbsp;C Shortfall on such Distribution Date (together with interest on such Class&nbsp;A Shortfall, Class&nbsp;B Shortfall and
Class&nbsp;C Shortfall), will be less than the sum of (I)&nbsp;the Class&nbsp;A Monthly Interest for such Distribution Date, (II)&nbsp;the Class&nbsp;B Monthly Interest for such Distribution Date, (III)&nbsp;the Class&nbsp;C Monthly Interest for
such Distribution Date and (IV)&nbsp;such Class&nbsp;A Shortfall, Class&nbsp;B Shortfall and Class&nbsp;C Shortfall (together with interest thereon) and (B)&nbsp;the Class&nbsp;A/B/C Enhancement Amount is greater than zero, then the Administrator
shall direct the Trustee in writing to reallocate a portion of the Principal Collections allocated to the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Notes during the Related Month equal to the lesser of such insufficiency and the
Class&nbsp;A/B/C Enhancement Amount to the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Accrued Interest Account to be treated as Interest Collections on such Distribution Date; <U>provided</U>, <U>further</U>, <U>however</U>, that if on
any Determination Date with respect to a Distribution Date on which the Class&nbsp;A Notes, the Class&nbsp;B Notes and the Class&nbsp;C Notes will no longer be outstanding (after giving effect to all anticipated reductions in the Class&nbsp;A
Invested Amount, the Class&nbsp;B Invested Amount and the Class&nbsp;C Invested Amount on such Distribution Date)&nbsp;(A) the Administrator determines that, after giving effect to the preceding proviso, the amount anticipated to be available from
Interest Collections allocable to the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Notes and other amounts available pursuant to <U>Section</U><U></U><U>&nbsp;2.3</U> to pay the sum of (x)&nbsp;the Class&nbsp;D Monthly Interest on the
related Distribution Date, and (y)&nbsp;any Class&nbsp;D Shortfall on such Distribution Date (together with interest thereon), will be less than the sum of (I)&nbsp;the Class&nbsp;D Monthly Interest for such Distribution Date and (II)&nbsp;such
Class&nbsp;D Shortfall (together with interest thereon) and (B)&nbsp;the Class&nbsp;D Enhancement Amount is greater than zero, then the Administrator shall direct the Trustee in writing to reallocate a portion of the Principal Collections allocated
to the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Notes during the Related Month equal to the lesser of such insufficiency and the Class&nbsp;D Enhancement Amount to the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Accrued
Interest Account to be treated as Interest Collections on such Distribution Date. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(e) <U>Series
<FONT STYLE="white-space:nowrap">2020-1</FONT> Excess Collection Account</U>. Amounts allocated to the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Excess Collection Account on any Series <FONT STYLE="white-space:nowrap">2020-1</FONT>
Deposit Date will be (v)&nbsp;first, deposited in the Class&nbsp;A/B/C Reserve Account in an amount up to the excess, if any, of the Class&nbsp;A/B/C Required Reserve Account Amount for such date over the Class&nbsp;A/B/C Available Reserve Account
Amount for such date, (w)&nbsp;second, deposited in the Class&nbsp;D Reserve Account in an amount up to the excess, if any, of the Class&nbsp;D Required Reserve Account Amount for such date over the Class&nbsp;D Available Reserve Account Amount for
such date, (x)&nbsp;third, used to pay the principal amount of other Series of Notes that are then in amortization, (y)&nbsp;fourth, released to AESOP Leasing in an amount equal to the product of (A)&nbsp;the Loan Agreement&#146;s Share with respect
to the AESOP I Operating Lease Loan Agreement as of such date and (B) 100% <U>minus</U> the Loan Payment Allocation Percentage with respect to the AESOP I Operating Lease Loan Agreement as of such date and (C)&nbsp;the amount of any remaining funds
and (z)&nbsp;fifth, paid to ABRCF for any use permitted by the Related Documents including to make Loans under the Loan Agreements to the extent the Borrowers have requested Loans thereunder and Eligible Vehicles are available for financing
thereunder; <U>provided</U>, <U>however</U>, that in the case of clauses (x), (y) and (z), that no Amortization </P>
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Event, Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Enhancement Deficiency or AESOP I Operating Lease Vehicle Deficiency would result therefrom or exist immediately thereafter. Upon the
occurrence of an Amortization Event and once a Trust Officer has actual knowledge of the Amortization Event, funds on deposit in the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Excess Collection Account will be withdrawn by the Trustee,
deposited in the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Collection Account and allocated as Principal Collections to reduce the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Invested Amount on the immediately succeeding
Distribution Date. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(f) <U>Allocations From Other Series</U>. Amounts allocated to other Series of Notes that have been reallocated by
ABRCF to the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Notes (i)&nbsp;during the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Revolving Period shall be allocated to the Series <FONT STYLE="white-space:nowrap">2020-1</FONT>
Excess Collection Account and applied in accordance with Section&nbsp;2.2(e) and (ii)&nbsp;during the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Controlled Amortization Period or the Series <FONT STYLE="white-space:nowrap">2020-1</FONT>
Rapid Amortization Period shall be allocated to the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Collection Account and applied in accordance with Section&nbsp;2.2(b) or 2.2(c), as applicable, to make principal payments in respect of the
Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Notes. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(g) <U>Past Due Rent Payments</U>. Notwithstanding the foregoing, if in the
case of Section&nbsp;2.2(a) or (b), after the occurrence of a Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Lease Payment Deficit, the Lessees shall make payments of Monthly Base Rent or other amounts payable by the Lessees under the Leases
on or prior to the fifth Business Day after the occurrence of such Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Lease Payment Deficit (a &#147;<U>Past Due Rent Payment</U>&#148;), the Administrator shall direct the Trustee in writing
pursuant to the Administration Agreement to allocate to the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Collection Account an amount equal to the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Invested Percentage as of the date of
the occurrence of such Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Lease Payment Deficit of the Collections attributable to such Past Due Rent Payment (the &#147;<U>Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Past Due Rent
Payment</U>&#148;). The Administrator shall instruct the Trustee in writing pursuant to the Administration Agreement to withdraw from the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Collection Account and apply the Series <FONT
STYLE="white-space:nowrap">2020-1</FONT> Past Due Rent Payment in the following order: </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:9%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(i) if the occurrence of such
Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Lease Payment Deficit resulted in one or more Lease Deficit Disbursements being made under the Class&nbsp;A/B/C Letters of Credit, pay to each Series
<FONT STYLE="white-space:nowrap">2020-1</FONT> Letter of Credit Provider who made such a Lease Deficit Disbursement under a Class&nbsp;A/B/C Letter of Credit for application in accordance with the provisions of the applicable Series <FONT
STYLE="white-space:nowrap">2020-1</FONT> Reimbursement Agreement an amount equal to the lesser of (x)&nbsp;the unreimbursed amount of such Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Letter of Credit Provider&#146;s Lease Deficit
Disbursement under a Class&nbsp;A/B/C Letter of Credit and (y)&nbsp;such Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Letter of Credit Provider&#146;s Class&nbsp;A/B/C Pro Rata Share of the Series
<FONT STYLE="white-space:nowrap">2020-1</FONT> Past Due Rent Payment; </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:9%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(ii) if the occurrence of such Series <FONT
STYLE="white-space:nowrap">2020-1</FONT> Lease Payment Deficit resulted in a withdrawal being made from the Class&nbsp;A/B/C Cash Collateral Account, deposit in the Class&nbsp;A/B/C Cash Collateral Account an amount equal to the lesser of
(x)&nbsp;the amount of the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Past Due Rent Payment remaining after any payment pursuant to clause (i)&nbsp;above and (y)&nbsp;the amount withdrawn from the Class&nbsp;A/B/C Cash Collateral Account
on account of such Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Lease Payment Deficit; </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:9%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(iii) if the occurrence of
such Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Lease Payment Deficit resulted in a withdrawal being made from the Class&nbsp;A/B/C Reserve Account pursuant to Section&nbsp;2.3(d), deposit in the Class&nbsp;A/B/C Reserve Account an amount
equal to the lesser </P>
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 <P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:9%; font-size:10pt; font-family:Times New Roman">
of (x)&nbsp;the amount of the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Past Due Rent Payment remaining after any payments pursuant to clauses (i)&nbsp;and (ii) above and (y)&nbsp;the
excess, if any, of the Class&nbsp;A/B/C Required Reserve Account Amount over the Class&nbsp;A/B/C Available Reserve Account Amount on such day; </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:9%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(iv) if the occurrence of such Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Lease Payment Deficit resulted in one or
more Lease Deficit Disbursements being made under the Class&nbsp;D Letters of Credit, pay to each Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Letter of Credit Provider who made such a Lease Deficit Disbursement under a Class&nbsp;D Letter
of Credit for application in accordance with the provisions of the applicable Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Reimbursement Agreement an amount equal to the lesser of (x)&nbsp;the unreimbursed amount of such Series <FONT
STYLE="white-space:nowrap">2020-1</FONT> Letter of Credit Provider&#146;s Lease Deficit Disbursement under a Class&nbsp;D Letter of Credit and (y)&nbsp;such Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Letter of Credit Provider&#146;s
Class&nbsp;D Pro Rata Share of the amount of the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Past Due Rent Payment remaining after any payment pursuant to clauses (i)&nbsp;through (iii) above </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:9%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(v) if the occurrence of such Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Lease Payment Deficit resulted in a
withdrawal being made from the Class&nbsp;D Cash Collateral Account, deposit in the Class&nbsp;D Cash Collateral Account an amount equal to the lesser of (x)&nbsp;the amount of the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Past Due Rent
Payment remaining after any payment pursuant to clause (i)&nbsp;through (iv) above and (y)&nbsp;the amount withdrawn from the Class&nbsp;D Cash Collateral Account on account of such Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Lease Payment
Deficit; </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:9%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(vi) if the occurrence of such Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Lease Payment Deficit
resulted in a withdrawal being made from the Class&nbsp;D Reserve Account pursuant to Section&nbsp;2.3(d), deposit in the Class&nbsp;D Reserve Account an amount equal to the lesser of (x)&nbsp;the amount of the Series
<FONT STYLE="white-space:nowrap">2020-1</FONT> Past Due Rent Payment remaining after any payments pursuant to clauses (i)&nbsp;through (v) above and (y)&nbsp;the excess, if any, of the Class&nbsp;D Required Reserve Account Amount over the
Class&nbsp;D Available Reserve Account Amount on such day; </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:9%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(vii) allocate to the Series
<FONT STYLE="white-space:nowrap">2020-1</FONT> Accrued Interest Account the amount, if any, by which the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Lease Interest Payment Deficit, if any, relating to such Series <FONT
STYLE="white-space:nowrap">2020-1</FONT> Lease Payment Deficit exceeds the amount of the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Past Due Rent Payment applied pursuant to clauses (i)&nbsp;(vi) above; and </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:9%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(viii) treat the remaining amount of the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Past Due Rent Payment as
Principal Collections allocated to the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Notes in accordance with Section&nbsp;2.2(a)(ii) or 2.2(b)(ii), as the case may be. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;2.3. <U>Payments to Noteholders</U>. On each Determination Date, as provided below, the Administrator shall instruct the Paying
Agent in writing pursuant to the Administration Agreement to withdraw, and on the following Distribution Date the Paying Agent, acting in accordance with such instructions, shall withdraw the amounts required to be withdrawn from the Collection
Account pursuant to Section&nbsp;2.3(a) below in respect of all funds available from Interest Collections processed since the preceding Distribution Date and allocated to the holders of the Series <FONT STYLE="white-space:nowrap">2020-1</FONT>
Notes. </P>
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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(a) <U>Note Interest with Respect to the Series
<FONT STYLE="white-space:nowrap">2020-1</FONT> Notes</U>. On each Determination Date, the Administrator shall instruct the Trustee and the Paying Agent in writing pursuant to the Administration Agreement as to the amount to be withdrawn and paid
pursuant to Section&nbsp;2.4 from the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Accrued Interest Account to the extent funds are anticipated to be available from Interest Collections allocable to the Series
<FONT STYLE="white-space:nowrap">2020-1</FONT> Notes processed from but not including the preceding Distribution Date through the succeeding Distribution Date in respect of (i)&nbsp;an amount equal to the Class&nbsp;A Monthly Interest for the Series
<FONT STYLE="white-space:nowrap">2020-1</FONT> Interest Period ending on the day preceding the related Distribution Date, (ii)&nbsp;an amount equal to the amount of any unpaid Class&nbsp;A Shortfall as of the preceding Distribution Date (together
with any accrued interest on such Class&nbsp;A Shortfall), (iii) an amount equal to the Class&nbsp;B Monthly Interest for the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Interest Period ending on the day preceding the related Distribution
Date, (iv)&nbsp;an amount equal to the amount of any unpaid Class&nbsp;B Shortfall as of the preceding Distribution Date (together with any accrued interest on such Class&nbsp;B Shortfall), (v) an amount equal to the Class&nbsp;C Monthly Interest
for the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Interest Period ending on the day preceding the related Distribution Date, (vi)&nbsp;an amount equal to the amount of any unpaid Class&nbsp;C Shortfall as of the preceding Distribution
Date (together with any accrued interest on such Class&nbsp;C Shortfall), (vii) an amount equal to the Class&nbsp;D Monthly Interest for the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Interest Period ending on the day preceding the
related Distribution Date, (viii)&nbsp;an amount equal to the amount of any unpaid Class&nbsp;D Shortfall as of the preceding Distribution Date (together with any accrued interest on such Class&nbsp;D Shortfall), (ix) an amount equal to the
Class&nbsp;R Monthly Interest for the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Interest Period ending on the day preceding the related Distribution Date and (x)&nbsp;an amount equal to the amount of any unpaid Class&nbsp;R Shortfall as
of the preceding Distribution Date (together with any accrued interest on such Class&nbsp;R Shortfall). On the following Distribution Date, the Trustee shall withdraw the amounts described in the first sentence of this Section&nbsp;2.3(a) from the
Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Accrued Interest Account and deposit such amounts in the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Distribution Account. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(b) <U>Lease Payment Deficit Notice</U>. On or before 3:00 p.m. (New York City time) on the Business Day immediately preceding each
Distribution Date, the Administrator shall notify the Trustee of the amount of any Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Lease Payment Deficit, such notification to be in the form of <U>Exhibit H</U> (each a &#147;<U>Lease Payment
Deficit Notice</U>&#148;). </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(c) <U>Draws on Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Letters of Credit For Series <FONT
STYLE="white-space:nowrap">2020-1</FONT> Lease Interest Payment Deficits</U>. If the Administrator determines on the Business Day immediately preceding any Distribution Date that on such Distribution Date there will exist a Series <FONT
STYLE="white-space:nowrap">2020-1</FONT> Lease Interest Payment Deficit, the Administrator shall: </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:9%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(i) on or prior to 3:00
p.m. (New York City time) on such Business Day, instruct the Trustee in writing to draw on the Class&nbsp;A/B/C Letters of Credit, if any, and, the Trustee shall, by 5:00 p.m. (New York City time) on such Business Day draw an amount as set forth in
such notice equal to (I)&nbsp;so long as any Class&nbsp;A Notes, any Class&nbsp;B Notes or any Class&nbsp;C Notes remain outstanding, the least of (x)&nbsp;the excess, if any, of such Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Lease
Interest Payment Deficit over the sum of (1)&nbsp;the amounts described in clauses (vii)&nbsp;and (viii) of Section&nbsp;2.3(a) above and (2)&nbsp;during the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Rapid Amortization Period, the
product of the Class&nbsp;D Percentage and the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Trustee&#146;s Fees for such Distribution Date, (y)&nbsp;the excess, if any, of (A)&nbsp;the sum of (1)&nbsp;the amounts described in clauses
(i)&nbsp;through (vi) of Section&nbsp;2.3(a) above for such Distribution Date and (2)&nbsp;during the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Rapid Amortization Period, the product of the Class&nbsp;A/B/C
</P>
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 <P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:9%; font-size:10pt; font-family:Times New Roman">
Percentage and the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Trustee&#146;s Fees for such Distribution Date, over (B)&nbsp;the amounts available from the Series <FONT
STYLE="white-space:nowrap">2020-1</FONT> Accrued Interest Account and (z)&nbsp;the Class&nbsp;A/B/C Letter of Credit Liquidity Amount or (II)&nbsp;if no Class&nbsp;A Notes, Class&nbsp;B Notes or Class&nbsp;C Notes remain outstanding, the least of
(x)&nbsp;such Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Lease Interest Payment Deficit, (y)&nbsp;the excess, if any, of (A)&nbsp;the sum of (1)&nbsp;the amounts described in clauses (i)&nbsp;through (viii) of Section&nbsp;2.3(a) above
for such Distribution Date and (2)&nbsp;during the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Rapid Amortization Period, the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Trustee&#146;s Fees for such Distribution Date, over
(B)&nbsp;the amounts available from the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Accrued Interest Account and (z)&nbsp;the Class&nbsp;A/B/C Letter of Credit Liquidity Amount, in either case, on the Class&nbsp;A/B/C Letter of Credit by
presenting to each Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Letter of Credit Provider with respect to a Class&nbsp;A/B/C Letter of Credit a draft accompanied by a Certificate of Lease Deficit Demand and shall cause the Lease Deficit
Disbursements to be deposited in the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Distribution Account on such date; <U>provided</U>, <U>however</U>, that if the Class&nbsp;A/B/C Cash Collateral Account has been established and funded, the
Trustee shall withdraw from the Class&nbsp;A/B/C Cash Collateral Account and deposit in the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Distribution Account an amount equal to the lesser of (x)&nbsp;the Class&nbsp;A/B/C Cash Collateral
Percentage on such date of the least of the amounts described in clauses (I)(x), (y) and (z)&nbsp;above or clauses (II)(x), (y) and (z)&nbsp;above, as applicable, and (y)&nbsp;the Class&nbsp;A/B/C Available Cash Collateral Account Amount on such
date and draw an amount equal to the remainder of such amount on the Class&nbsp;A/B/C Letters of Credit; and </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:9%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(ii) on or
prior to 3:00 p.m. (New York City time) on such Business Day, instruct the Trustee in writing to draw on the Class&nbsp;D Letters of Credit, if any, and, the Trustee shall, by 5:00 p.m. (New York City time) on such Business Day draw an amount as set
forth in such notice equal to the least of (x)&nbsp;such Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Lease Interest Payment Deficit, (y)&nbsp;the excess, if any, of (A)&nbsp;the sum of (1)&nbsp;the amounts described in clauses
(vii)&nbsp;and (viii) of Section&nbsp;2.3(a) above for such Distribution Date and (2)&nbsp;during the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Rapid Amortization Period, the product of the Class&nbsp;D Percentage and the Series <FONT
STYLE="white-space:nowrap">2020-1</FONT> Trustee&#146;s Fees for such Distribution Date, over (B)&nbsp;the excess of (1)&nbsp;the sum of (X)&nbsp;the amounts available from the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Accrued Interest
Account and (Y)&nbsp;the amount drawn on the Class&nbsp;A/B/C Letters of Credit (and/or withdrawn from the Class&nbsp;A/B/C Cash Collateral Account) pursuant to Section&nbsp;2.3(c)(i) above over (2)&nbsp;the sum of (X)&nbsp;the amounts described in
clauses (i)&nbsp;through (vi) of Section&nbsp;2.3(a) above for such Distribution Date and (Y)&nbsp;during the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Rapid Amortization Period, the product of the Class&nbsp;A/B/C Percentage and the
Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Trustee&#146;s Fees for such Distribution Date and (z)&nbsp;the Class&nbsp;D Letter of Credit Liquidity Amount on the Class&nbsp;D Letters of Credit by presenting to each Series <FONT
STYLE="white-space:nowrap">2020-1</FONT> Letter of Credit Provider with respect to a Class&nbsp;D Letter of Credit a draft accompanied by a Certificate of Lease Deficit Demand and shall cause the Lease Deficit Disbursements to be deposited in the
Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Distribution Account on such date; <U>provided</U>, <U>however</U>, that if the Class&nbsp;D Cash Collateral Account has been established and funded, the Trustee shall withdraw from the
Class&nbsp;D Cash Collateral Account and deposit in the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Distribution Account an amount equal to the lesser of (x)&nbsp;the Class&nbsp;D Cash Collateral Percentage on such date of the least of the
amounts described in clauses (x), (y) and (z)&nbsp;above and (y)&nbsp;the Class&nbsp;D Available Cash Collateral Account Amount on such date and draw an amount equal to the remainder of such amount on the Class&nbsp;D Letters of Credit. </P>
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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(d) <U>Withdrawals from Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Reserve
Accounts</U>. If the Administrator determines on any Distribution Date that the amounts available from the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Accrued Interest Account <U>plus</U> the amount, if any, to be drawn under the Series <FONT
STYLE="white-space:nowrap">2020-1</FONT> Letters of Credit and/or withdrawn from the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Cash Collateral Accounts pursuant to Section&nbsp;2.3(c) are insufficient to pay the sum of (A)&nbsp;the
amounts described in clauses (i)&nbsp;through (viii) of Section&nbsp;2.3(a) above on such Distribution Date and (B)&nbsp;during the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Rapid Amortization Period, the Series <FONT
STYLE="white-space:nowrap">2020-1</FONT> Trustee&#146;s Fees for such Distribution Date, the Administrator shall: </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:9%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(i)
instruct the Trustee in writing to withdraw from the Class&nbsp;A/B/C Reserve Account and deposit in the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Distribution Account on such Distribution Date an amount equal to the lesser of
(x)&nbsp;the Class&nbsp;A/B/C Available Reserve Account Amount and (y)&nbsp;the excess of (A)&nbsp;either (I) so long as any Class&nbsp;A Notes, any Class&nbsp;B or any Class&nbsp;C Notes remain outstanding, the sum of (1)&nbsp;the amounts described
in clauses (i)&nbsp;through (vi) of Section&nbsp;2.3(a) above with respect to such Distribution Date and (2)&nbsp;during the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Rapid Amortization Period, the product of the Class&nbsp;A/B/C
Percentage and the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Trustee&#146;s Fees for such Distribution Date or (II)&nbsp;if no Class&nbsp;A Notes, Class&nbsp;B Notes or Class&nbsp;C Notes remain outstanding, the sum of (1)&nbsp;the
amounts described in clauses (i)&nbsp;through (viii) of Section&nbsp;2.3(a) above with respect to such Distribution Date and (2)&nbsp;during the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Rapid Amortization Period, the Series <FONT
STYLE="white-space:nowrap">2020-1</FONT> Trustee&#146;s Fees for such Distribution Date over (B)&nbsp;the sum of (1)&nbsp;the amounts available from the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Accrued Interest Account and (2)&nbsp;the
amount drawn on the Class&nbsp;A/B/C Letters of Credit and/or withdrawn from the Class&nbsp;A/B/C Cash Collateral Account with respect to such Distribution Date in accordance with Section&nbsp;2.3(c)(i) above. The Trustee shall withdraw such amount
from the Class&nbsp;A/B/C Reserve Account and deposit such amount in the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Distribution Account; and </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:9%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(ii) instruct the Trustee in writing to withdraw from the Class&nbsp;D Reserve Account and deposit in the Series <FONT
STYLE="white-space:nowrap">2020-1</FONT> Distribution Account on such Distribution Date an amount equal to the lesser of (x)&nbsp;the Class&nbsp;D Available Reserve Account Amount and (y)&nbsp;the excess of (A)&nbsp;the sum of (1)&nbsp;the amounts
described in clauses (vii)&nbsp;and (viii) of Section&nbsp;2.3(a) above with respect to such Distribution Date and (2)&nbsp;during the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Rapid Amortization Period, the product of the Class&nbsp;D
Percentage and the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Trustee&#146;s Fees for such Distribution Date over (B)&nbsp;the excess with respect to such Distribution Date of (1)&nbsp;the sum of (W)&nbsp;the amounts available from the
Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Accrued Interest Account, (X)&nbsp;the amount drawn on the Class&nbsp;A/B/C Letters of Credit (and/or withdrawn from the Class&nbsp;A/B/C Cash Collateral Account) in accordance with
Section&nbsp;2.3(c)(i) above, (Y)&nbsp;the amount drawn on the Class&nbsp;D Letters of Credit (and/or withdrawn from the Class&nbsp;D Cash Collateral Account) in accordance with Section&nbsp;2.3(c)(ii) above and (Z)&nbsp;the amount withdrawn from
the Class&nbsp;A/B/C Reserve Account in accordance with Section&nbsp;2.3(d)(i) over (2)&nbsp;the sum of (X)&nbsp;the amounts described in clauses (i)&nbsp;through (vi) of Section&nbsp;2.3(a) above for such Distribution Date and (Y)&nbsp;during the
Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Rapid Amortization Period, the product of the Class&nbsp;A/B/C Percentage and the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Trustee&#146;s Fees for such Distribution Date. The Trustee
shall withdraw such amount from the Class&nbsp;D Reserve Account and deposit such amount in the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Distribution Account. </P>
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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(e) [RESERVED] </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(f) <U>Balance</U>. On or prior to the second Business Day preceding each Distribution Date, the Administrator shall instruct the Trustee and
the Paying Agent in writing pursuant to the Administration Agreement to pay the balance (after making the payments required in Section&nbsp;2.4), if any, of the amounts available from the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Accrued
Interest Account and the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Distribution Account, <U>plus</U> the amount, if any, drawn under the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Letters of Credit and/or withdrawn from the
Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Cash Collateral Accounts pursuant to Section&nbsp;2.3(c) <U>plus</U> the amount, if any, withdrawn from the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Reserve Accounts pursuant to
Section&nbsp;2.3(d) as follows: </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:9%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(i) on each Distribution Date during the Series
<FONT STYLE="white-space:nowrap">2020-1</FONT> Revolving Period or the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Controlled Amortization Period, (1)&nbsp;first, to the Administrator, an amount equal to the Series <FONT
STYLE="white-space:nowrap">2020-1</FONT> Percentage as of the beginning of the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Interest Period ending on the day preceding such Distribution Date of the portion of the Monthly Administration Fee
payable by ABRCF (as specified in clause (iii)&nbsp;of the definition thereof) for such Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Interest Period, (2)&nbsp;second, to the Trustee, an amount equal to the Series <FONT
STYLE="white-space:nowrap">2020-1</FONT> Percentage as of the beginning of such Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Interest Period of the fees owing to the Trustee under the Base Indenture for such Series <FONT
STYLE="white-space:nowrap">2020-1</FONT> Interest Period, (3)&nbsp;third to pay any Carrying Charges (other than Carrying Charges provided for above) to the Persons to whom such amounts are owed, an amount equal to the Series <FONT
STYLE="white-space:nowrap">2020-1</FONT> Percentage as of the beginning of such Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Interest Period of such Carrying Charges (other than Carrying Charges provided for above) for such Series <FONT
STYLE="white-space:nowrap">2020-1</FONT> Interest Period and (4)&nbsp;fourth, the balance, if any, shall be withdrawn by the Paying Agent from the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Collection Account and deposited in the Series <FONT
STYLE="white-space:nowrap">2020-1</FONT> Excess Collection Account; and </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:9%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(ii) on each Distribution Date during the Series <FONT
STYLE="white-space:nowrap">2020-1</FONT> Rapid Amortization Period, (1)&nbsp;first, to the Trustee, an amount equal to the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Percentage as of the beginning of such Series <FONT
STYLE="white-space:nowrap">2020-1</FONT> Interest Period ending on the day preceding such Distribution Date of the fees owing to the Trustee under the Base Indenture for such Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Interest Period,
(2)&nbsp;second, to the Administrator, an amount equal to the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Percentage as of the beginning of such Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Interest Period of the portion of the
Monthly Administration Fee (as specified in clause (iii)&nbsp;of the definition thereof) payable by ABRCF for such Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Interest Period, (3)&nbsp;third, to pay any Carrying Charges (other than
Carrying Charges provided for above) to the Persons to whom such amounts are owed, an amount equal to the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Percentage as of the beginning of such Series
<FONT STYLE="white-space:nowrap">2020-1</FONT> Interest Period of such Carrying Charges (other than Carrying Charges provided for above) for such Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Interest Period and (4)&nbsp;fourth, so long as
the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Invested Amount is greater than the Monthly Total Principal Allocations for the Related Month, an amount equal to the excess of the Series <FONT STYLE="white-space:nowrap">2020-1</FONT>
Invested Amount over the Monthly Total Principal Allocations for the Related Month shall be treated as Principal Collections. </P>
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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(g) <U>Shortfalls</U>. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:9%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(i) If the amounts described in Section&nbsp;2.3 are insufficient to pay the Class&nbsp;A Monthly Interest on any Distribution
Date, payments of interest to the Class&nbsp;A Noteholders will be reduced on a <U>pro</U> <U>rata</U> basis by the amount of such deficiency. The aggregate amount, if any, of such deficiency on any Distribution Date, together with the aggregate
unpaid amount of any such deficiencies with respect to all prior Distribution Dates, shall be referred to as the &#147;<U>Class</U><U></U><U>&nbsp;A Shortfall</U>&#148;. Interest shall accrue on the Class&nbsp;A Shortfall at the Class&nbsp;A Note
Rate. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:9%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(ii) If the amounts described in Section&nbsp;2.3 are insufficient to pay the amounts described in clauses
(i)&nbsp;and (ii) of Section&nbsp;2.3(a) and the Class&nbsp;B Monthly Interest on any Distribution Date, payments of interest to the Class&nbsp;B Noteholders will be reduced on a <U>pro</U> <U>rata</U> basis by the amount of such deficiency. The
aggregate amount, if any, of such deficiency on any Distribution Date (which deficiency on any Distribution Date shall not exceed the Class&nbsp;B Monthly Interest for the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Interest Period ended
on the day preceding such Distribution Date), together with the aggregate unpaid amount of any such deficiencies with respect to all prior Distribution Dates, shall be referred to as the &#147;<U>Class</U><U></U><U>&nbsp;B Shortfall</U>&#148;.
Interest shall accrue on the Class&nbsp;B Shortfall at the Class&nbsp;B Note Rate. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:9%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(iii) If the amounts described in
Section&nbsp;2.3 are insufficient to pay the amounts described in clauses (i)&nbsp;through (iv) of Section&nbsp;2.3(a) and the Class&nbsp;C Monthly Interest on any Distribution Date, payments of interest to the Class&nbsp;C Noteholders will be
reduced on a <U>pro</U> <U>rata</U> basis by the amount of such deficiency. The aggregate amount, if any, of such deficiency on any Distribution Date (which deficiency on any Distribution Date shall not exceed the Class&nbsp;C Monthly Interest for
the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Interest Period ended on the day preceding such Distribution Date), together with the aggregate unpaid amount of any such deficiencies with respect to all prior Distribution Dates, shall be
referred to as the &#147;<U>Class</U><U></U><U>&nbsp;C Shortfall</U>&#148;. Interest shall accrue on the Class&nbsp;C Shortfall at the Class&nbsp;C Note Rate. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:9%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(iv) If the amounts described in Section&nbsp;2.3 are insufficient to pay the amounts described in clauses (i)&nbsp;through
(iv) of Section&nbsp;2.3(a) and the Class&nbsp;D Monthly Interest on any Distribution Date, payments of interest to the Class&nbsp;D Noteholders will be reduced on a <U>pro</U> <U>rata</U> basis by the amount of such deficiency. The aggregate
amount, if any, of such deficiency on any Distribution Date (which deficiency on any Distribution Date shall not exceed the Class&nbsp;D Monthly Interest for the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Interest Period ended on the day
preceding such Distribution Date), together with the aggregate unpaid amount of any such deficiencies with respect to all prior Distribution Dates, shall be referred to as the &#147;<U>Class</U><U></U><U>&nbsp;D Shortfall</U>&#148;. Interest shall
accrue on the Class&nbsp;D Shortfall at the Class&nbsp;D Note Rate. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:9%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(v) If the amounts described in Section&nbsp;2.3 are
insufficient to pay the amounts described in clauses (i)&nbsp;through (vi) of Section&nbsp;2.3(a) and the Class&nbsp;R Monthly Interest on any Distribution Date, payments of interest to the Class&nbsp;R Noteholders will be reduced on a <U>pro</U>
<U>rata</U> basis by the amount of such deficiency. The aggregate amount, if any, of such deficiency on any Distribution Date (which deficiency on any Distribution Date shall not exceed the Class&nbsp;R Monthly Interest for the Series <FONT
STYLE="white-space:nowrap">2020-1</FONT> Interest Period ended on the day preceding such Distribution Date), together with the aggregate unpaid </P>
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amount of any such deficiencies with respect to all prior Distribution Dates, shall be referred to as the &#147;<U>Class</U><U></U><U>&nbsp;R Shortfall</U>&#148;. Interest shall accrue on the
Class&nbsp;R Shortfall at the Class&nbsp;R Note Rate. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;2.4. <U>Payment of Note Interest</U>. (a)&nbsp;On each Distribution
Date, subject to Section&nbsp;9.8 of the Base Indenture, the Paying Agent shall, in accordance with Section&nbsp;6.1 of the Base Indenture, pay the following amounts in the following order of priority from amounts deposited into the Series <FONT
STYLE="white-space:nowrap">2020-1</FONT> Distribution Account pursuant to Section&nbsp;2.3: </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:9%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(i) <U>first</U>, to the
Class&nbsp;A Noteholders, the amounts due to the Class&nbsp;A Noteholders described in Sections 2.3(a)(i) and (ii); </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:9%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(ii)
<U>second</U>, to the Class&nbsp;B Noteholders, the amounts due to the Class&nbsp;B Noteholders described in Sections 2.3(a)(iii) and (iv); </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:9%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(iii) <U>third</U>, to the Class&nbsp;C Noteholders, the amounts due to the Class&nbsp;C Noteholders described in Sections
2.3(a)(v) and (vi); </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:9%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(iv) <U>fourth</U>, to the Class&nbsp;D Noteholders, the amounts due to the Class&nbsp;D Noteholders
described in Sections 2.3(a)(vii) and (viii); and </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:9%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(v) <U>fifth</U>, to the Class&nbsp;R Noteholders, the amounts due to
the Class&nbsp;R Noteholders described in Sections 2.3(a)(ix) and (x). </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;2.5. <U>Payment of Note Principal</U>. (a) <U>Monthly
Payments During Controlled Amortization Period or Rapid Amortization Period</U>. On each Determination Date, commencing on the second Determination Date during the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Controlled Amortization Period
or the first Determination Date after the commencement of the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Rapid Amortization Period, the Administrator shall instruct the Trustee and the Paying Agent in writing pursuant to the
Administration Agreement and in accordance with this Section&nbsp;2.5 as to (1)&nbsp;the amount allocated to the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Notes during the Related Month pursuant to Section&nbsp;2.2(b)(ii), (c)(ii) or
(d)(ii), as the case may be, (2)&nbsp;any amounts to be drawn on the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Demand Notes and/or on the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Letters of Credit (or withdrawn from the
Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Cash Collateral Accounts) pursuant to this Section&nbsp;2.5 and (3)&nbsp;any amounts to be withdrawn from the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Reserve Accounts pursuant to
this Section&nbsp;2.5 and deposited into the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Distribution Account. On the Distribution Date following each such Determination Date, the Trustee shall withdraw the amount allocated to the Series <FONT
STYLE="white-space:nowrap">2020-1</FONT> Notes during the Related Month pursuant to Section&nbsp;2.2(b)(ii), (c)(ii) or (d)(ii), as the case may be, from the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Collection Account and deposit such
amount in the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Distribution Account, to be paid to the holders of the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Notes. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(b) <U>Principal Draws on Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Letters of Credit</U>. If the Administrator determines on the
Business Day immediately preceding any Distribution Date during the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Rapid Amortization Period that on such Distribution Date there will exist a Series
<FONT STYLE="white-space:nowrap">2020-1</FONT> Lease Principal Payment Deficit, the Administrator shall instruct the Trustee in writing to: </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:9%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(i) so long as any Class&nbsp;A Notes, any Class&nbsp;B Notes or any Class&nbsp;C Notes remain outstanding, draw on the
Class&nbsp;A/B/C Letters of Credit, if any, as provided in this </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">45 </P>

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clause (i). Upon receipt of a notice by the Trustee from the Administrator in respect of a Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Lease Principal Payment Deficit on or prior to
3:00 p.m. (New York City time) on the Business Day immediately preceding a Distribution Date, the Trustee shall, by 5:00 p.m. (New York City time) on such Business Day draw an amount as set forth in such notice equal to the least of (i)&nbsp;such
Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Lease Principal Payment Deficit, (ii)&nbsp;the Class&nbsp;A/B/C Principal Deficit Amount for such Distribution Date and (iii)&nbsp;the Class&nbsp;A/B/C Letter of Credit Liquidity Amount on the
Class&nbsp;A/B/C Letters of Credit by presenting to each Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Letter of Credit Provider with respect to a Class&nbsp;A/B/C Letter of Credit a draft accompanied by a Certificate of Lease Deficit Demand
and shall cause the Lease Deficit Disbursements to be deposited in the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Distribution Account on such date; <U>provided</U>, <U>however</U>, that if the Class&nbsp;A/B/C Cash Collateral Account has
been established and funded, the Trustee shall withdraw from the Class&nbsp;A/B/C Cash Collateral Account and deposit in the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Distribution Account an amount equal to the lesser of (x)&nbsp;the
Class&nbsp;A/B/C Cash Collateral Percentage for such date of the lesser of the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Lease Principal Payment Deficit and the Class&nbsp;A/B/C Principal Deficit Amount for such Distribution Date and
(y)&nbsp;the Class&nbsp;A/B/C Available Cash Collateral Account Amount on such date and draw an amount equal to the remainder of such amount on the Class&nbsp;A/B/C Letters of Credit. Notwithstanding any of the preceding to the contrary, during the
period after the date of the filing by any of the Lessees of a petition for relief under Chapter 11 of the Bankruptcy Code until the date on which each of the Lessees shall have resumed making all payments of the portion of Monthly Base Rent
relating to Loan Interest required to be made under the AESOP I Operating Lease, the Administrator shall only instruct the Trustee to draw on the Class&nbsp;A/B/C Letters of Credit (or withdraw from the Class&nbsp;A/B/C Cash Collateral Account, if
applicable) pursuant to this Section&nbsp;2.5(b)(i), and if such instruction from the Administrator references this Section&nbsp;2.5(b)(i), the Trustee shall only draw (or withdraw), an amount equal to the lesser of (x)&nbsp;the amount determined as
provided in the preceding sentence and (y)&nbsp;the excess, if any, of (A)&nbsp;the Class&nbsp;A/B/C Liquidity Amount on such date over (B)&nbsp;the Class&nbsp;A/B/C Required Liquidity Amount on such date; </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:9%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(ii) if, after giving effect to any payments to be made on such Distribution Date, the Class&nbsp;A Notes, the Class&nbsp;B
Notes and the Class&nbsp;C Notes will have been paid in full, draw on the Class&nbsp;A/B/C Letters of Credit, if any, as provided in this clause (ii). Upon receipt of a notice by the Trustee from the Administrator in respect of a Series <FONT
STYLE="white-space:nowrap">2020-1</FONT> Lease Principal Payment Deficit on or prior to 3:00 p.m. (New York City time) on the Business Day immediately preceding a Distribution Date, the Trustee shall, by 5:00 p.m. (New York City time) on such
Business Day draw an amount as set forth in such notice equal to the least of (x)&nbsp;the excess of (A)&nbsp;such Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Lease Principal Payment Deficit over (B)&nbsp;the amount, if any, to be drawn on
the Class&nbsp;A/B/C Letters of Credit and/or withdrawn from the Class&nbsp;A/B/C Cash Collateral Account on such Distribution Date in accordance with Section&nbsp;2.5(b)(i), (y) the Class&nbsp;D Principal Deficit Amount for such Distribution Date
and (z)&nbsp;the Class&nbsp;A/B/C Letter of Credit Liquidity Amount (after giving effect to any draws the Class&nbsp;A/B/C Letters of Credit and/or withdrawals from the Class&nbsp;A/B/C Cash Collateral Account on such Distribution Date in accordance
with Section&nbsp;2.5(b)(i)) on the Class&nbsp;A/B/C Letters of Credit by presenting to each Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Letter of Credit Provider with respect to a Class&nbsp;A/B/C Letter of Credit a draft accompanied by a
</P>
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Certificate of Lease Deficit Demand and shall cause the Lease Deficit Disbursements to be deposited in the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Distribution Account on such date;
<U>provided</U>, <U>however</U>, that if the Class&nbsp;A/B/C Cash Collateral Account has been established and funded, the Trustee shall withdraw from the Class&nbsp;A/B/C Cash Collateral Account and deposit in the Series <FONT
STYLE="white-space:nowrap">2020-1</FONT> Distribution Account an amount equal to the lesser of (x)&nbsp;the Class&nbsp;A/B/C Cash Collateral Percentage for such date of the lesser of (A)&nbsp;the excess of (1)&nbsp;the Series <FONT
STYLE="white-space:nowrap">2020-1</FONT> Lease Principal Payment Deficit over (2)&nbsp;the amount, if any, to be drawn on the Class&nbsp;A/B/C Letters of Credit and/or withdrawn from the Class&nbsp;A/B/C Cash Collateral Account on such Distribution
Date in accordance with Section&nbsp;2.5(b)(i) and (B)&nbsp;the Class&nbsp;D Principal Deficit Amount for such Distribution Date and (y)&nbsp;the Class&nbsp;A/B/C Available Cash Collateral Account Amount on such date (after giving effect to any
withdrawals from the Class&nbsp;A/B/C Cash Collateral Account on such Distribution Date in accordance with Section&nbsp;2.5(b)(i)) and draw an amount equal to the remainder of such amount on the Class&nbsp;A/B/C Letters of Credit; </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:9%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(iii) if, after giving effect to any payments to be made on such Distribution Date, the Class&nbsp;A Notes, the Class&nbsp;B
Notes and the Class&nbsp;C Notes will have been paid in full, draw on the Class&nbsp;D Letters of Credit, if any, as provided in this clause (iii). Upon receipt of a notice by the Trustee from the Administrator in respect of a Series <FONT
STYLE="white-space:nowrap">2020-1</FONT> Lease Principal Payment Deficit on or prior to 3:00 p.m. (New York City time) on the Business Day immediately preceding a Distribution Date, the Trustee shall, by 5:00 p.m. (New York City time) on such
Business Day draw an amount as set forth in such notice equal to the least of (x)&nbsp;the excess of (A)&nbsp;such Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Lease Principal Payment Deficit over (B)&nbsp;the amount, if any, to be drawn on
the Class&nbsp;A/B/C Letters of Credit and/or withdrawn from the Class&nbsp;A/B/C Cash Collateral Account on such Distribution Date in accordance with Section&nbsp;2.5(b)(i) and/or (ii), (y) the Class&nbsp;D Principal Deficit Amount for such
Distribution Date and (z)&nbsp;the Class&nbsp;D Letter of Credit Liquidity Amount on the Class&nbsp;D Letters of Credit by presenting to each Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Letter of Credit Provider with respect to a
Class&nbsp;D Letter of Credit a draft accompanied by a Certificate of Lease Deficit Demand and shall cause the Lease Deficit Disbursements to be deposited in the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Distribution Account on such
date; <U>provided</U>, <U>however</U>, that if the Class&nbsp;D Cash Collateral Account has been established and funded, the Trustee shall withdraw from the Class&nbsp;D Cash Collateral Account and deposit in the Series <FONT
STYLE="white-space:nowrap">2020-1</FONT> Distribution Account an amount equal to the lesser of (x)&nbsp;the Class&nbsp;D Cash Collateral Percentage for such date of the lesser of (A)&nbsp;the excess of (1)&nbsp;the Series <FONT
STYLE="white-space:nowrap">2020-1</FONT> Lease Principal Payment Deficit over (2)&nbsp;the amount, if any, to be drawn on the Class&nbsp;A/B/C Letters of Credit and/or withdrawn from the Class&nbsp;A/B/C Cash Collateral Account on such Distribution
Date in accordance with Section&nbsp;2.5(b)(i) and/or (ii)&nbsp;and (B) the Class&nbsp;D Principal Deficit Amount for such Distribution Date and (y)&nbsp;the Class&nbsp;D Available Cash Collateral Account Amount on such date and draw an amount equal
to the remainder of such amount on the Class&nbsp;D Letters of Credit. Notwithstanding any of the preceding to the contrary, during the period after the date of the filing by any of the Lessees of a petition for relief under Chapter 11 of the
Bankruptcy Code until the date on which each of the Lessees shall have resumed making all payments of the portion of Monthly Base Rent relating to Loan Interest required to be made under the AESOP I Operating Lease, the Administrator shall only
instruct the Trustee to draw on the Class&nbsp;D Letters of Credit (or withdraw from the Class&nbsp;D Cash Collateral </P>
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Account, if applicable) pursuant to this Section&nbsp;2.5(b)(iii), and if such instruction from the Administrator references this Section&nbsp;2.5(b)(iii), the Trustee shall only draw (or
withdraw), an amount equal to the lesser of (x)&nbsp;the amount determined as provided in the preceding sentence and (y)&nbsp;the excess, if any, of (A)&nbsp;the Class&nbsp;D Liquidity Amount on such date over (B)&nbsp;the Class&nbsp;D Required
Liquidity Amount on such date. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(c) <U>Final Distribution Date</U>. Each of the entire Class&nbsp;A Invested Amount, the entire
Class&nbsp;B Invested Amount, the entire Class&nbsp;C Invested Amount, the entire Class&nbsp;D Invested Amount and the entire Class&nbsp;R Invested Amount shall be due and payable on the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Final
Distribution Date. In connection therewith: </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:9%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(i) <U>Demand Note Draw</U>. If the amount to be deposited in the Series <FONT
STYLE="white-space:nowrap">2020-1</FONT> Distribution Account in accordance with Section&nbsp;2.5(a) together with any amounts to be deposited therein in accordance with Section&nbsp;2.5(b) on the Series
<FONT STYLE="white-space:nowrap">2020-1</FONT> Final Distribution Date is less than the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Senior Invested Amount and there are any Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Letters of
Credit on such date, then, prior to 10:00 a.m. (New York City time) on the second Business Day prior to the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Final Distribution Date, the Administrator shall instruct the Trustee in writing to
make a demand (a &#147;<U>Demand Notice</U>&#148;) substantially in the form attached hereto as <U>Exhibit I</U> on the Demand Note Issuers for payment under the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Demand Notes in an amount equal
to the lesser of (x)&nbsp;such insufficiency and (y)&nbsp;the sum of the Class&nbsp;A/B/C Letter of Credit Amount and the Class&nbsp;D Letter of Credit Amount. The Trustee shall, prior to 12:00 noon (New York City time) on the second Business Day
preceding such Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Final Distribution Date deliver such Demand Notice to the Demand Note Issuers; <U>provided</U>, <U>however</U>, that if an Event of Bankruptcy (or the occurrence of an event
described in clause (a)&nbsp;of the definition thereof, without the lapse of a period of sixty (60)&nbsp;consecutive days) with respect to a Demand Note Issuer shall have occurred and be continuing, the Trustee shall not be required to deliver such
Demand Notice to such Demand Note Issuer. The Trustee shall cause the proceeds of any demand on the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Demand Notes to be deposited into the Series <FONT STYLE="white-space:nowrap">2020-1</FONT>
Distribution Account. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:9%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(ii) <U>Letter of Credit Draw</U>. In the event that either (x)&nbsp;on or prior to 10:00 a.m. (New
York City time) on the Business Day immediately preceding the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Final Distribution Date a Demand Notice has been transmitted by the Trustee to the Demand Note Issuers pursuant to clause (i)&nbsp;of
this Section&nbsp;2.5(c) and any Demand Note Issuer shall have failed to pay to the Trustee or deposit into the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Distribution Account the amount specified in such Demand Notice in whole or in part
or (y)&nbsp;due to the occurrence of an Event of Bankruptcy (or the occurrence of an event described in clause (a)&nbsp;of the definition thereof, without the lapse of a period of sixty (60)&nbsp;consecutive days) with respect to one or more of the
Demand Note Issuers, the Trustee shall not have delivered such Demand Notice to any Demand Note Issuer on the second Business Day preceding the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Final Distribution Date, then, in the case of
(x)&nbsp;or (y) the Trustee shall: </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:13%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(1) draw on the Class&nbsp;A/B/C Letters of Credit by 12:00 noon (New York City time)
on such Business Day an amount equal to the lesser of (a)&nbsp;the amount that the Demand Note Issuers so failed to pay under the Series </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">48 </P>

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<FONT STYLE="white-space:nowrap">2020-1</FONT> Demand Notes (or, the amount that the Trustee failed to demand for payment thereunder) and (b)&nbsp;the Class&nbsp;A/B/C Letter of Credit Amount on
such Business Day by presenting to each Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Letter of Credit Provider of a Class&nbsp;A/B/C Letter of Credit a draft accompanied by a Certificate of Unpaid Demand Note Demand; <U>provided</U>,
<U>however</U>, that if the Class&nbsp;A/B/C Cash Collateral Account has been established and funded, the Trustee shall withdraw from the Class&nbsp;A/B/C Cash Collateral Account and deposit in the Series
<FONT STYLE="white-space:nowrap">2020-1</FONT> Distribution Account an amount equal to the lesser of (x)&nbsp;the Class&nbsp;A/B/C Cash Collateral Percentage on such Business Day of the amount that the Demand Note Issuers so failed to pay under the
Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Demand Notes (or, the amount that the Trustee failed to demand for payment thereunder) and (y)&nbsp;the Class&nbsp;A/B/C Available Cash Collateral Account Amount on such Business Day and draw an
amount equal to the remainder of the amount that the Demand Note Issuers failed to pay under the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Demand Notes (or, the amount that the Trustee failed to demand for payment thereunder) on the
Class&nbsp;A/B/C Letters of Credit. The Trustee shall deposit, or cause the deposit of, the proceeds of any draw on the Class&nbsp;A/B/C Letters of Credit and the proceeds of any withdrawal from the Class&nbsp;A/B/C Cash Collateral Account to be
deposited in the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Distribution Account; and </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:13%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(2) draw on the
Class&nbsp;D Letters of Credit by 12:00 noon (New York City time) on such Business Day an amount equal to the lesser of (a)&nbsp;the excess of (x)&nbsp;the amount that the Demand Note Issuers so failed to pay under the Series <FONT
STYLE="white-space:nowrap">2020-1</FONT> Demand Notes (or, the amount that the Trustee failed to demand for payment thereunder) over (y)&nbsp;the amount drawn on the Class&nbsp;A/B/C Letters of Credit and/or withdrawn from the Class&nbsp;A/B/C Cash
Collateral Account on such Business Day in accordance with Section&nbsp;2.5(c)(ii)(1) and (b)&nbsp;the Class&nbsp;D Letter of Credit Amount on such Business Day by presenting to each Series <FONT STYLE="white-space:nowrap">2020-2</FONT> Letter of
Credit Provider of a Class&nbsp;D Letter of Credit a draft accompanied by a Certificate of Unpaid Demand Note Demand; <U>provided</U>, <U>however</U>, that if the Class&nbsp;D Cash Collateral Account has been established and funded, the Trustee
shall withdraw from the Class&nbsp;D Cash Collateral Account and deposit in the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Distribution Account an amount equal to the lesser of (x)&nbsp;the Class&nbsp;D Cash Collateral Percentage on such
Business Day of the excess of (A)&nbsp;the amount that the Demand Note Issuers so failed to pay under the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Demand Notes (or, the amount that the Trustee failed to demand for payment thereunder)
over (B)&nbsp;the amount drawn on the Class&nbsp;A/B/C Letters of Credit and/or withdrawn from the Class&nbsp;A/B/C Cash Collateral Account on such Business Day in accordance with Section&nbsp;2.5(c)(ii)(1) and (y)&nbsp;the Class&nbsp;D Available
Cash Collateral Account Amount on such Business Day and draw an amount equal to the remainder of the excess of (A)&nbsp;the amount that the Demand Note Issuers so failed to pay under the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Demand
Notes (or, the amount that the Trustee failed to demand for payment thereunder) over (B)&nbsp;the amount drawn on the Class&nbsp;A/B/C Letters </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">49 </P>

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 <P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:13%; font-size:10pt; font-family:Times New Roman">
of Credit and/or withdrawn from the Class&nbsp;A/B/C Cash Collateral Account on such Business Day in accordance with Section&nbsp;2.5(c)(ii)(1) on the Class&nbsp;D Letters of Credit. The Trustee
shall deposit, or cause the deposit of, the proceeds of any draw on the Class&nbsp;D Letters of Credit and the proceeds of any withdrawal from the Class&nbsp;D Cash Collateral Account to be deposited in the Series
<FONT STYLE="white-space:nowrap">2020-1</FONT> Distribution Account. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:9%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(iii) <U>Reserve Account Withdrawal</U>. If, after
giving effect to the deposit into the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Distribution Account of the amount to be deposited in accordance with Section&nbsp;2.5(a) and the amounts described in clauses (i)&nbsp;and (ii) of this
Section&nbsp;2.5(c), the amount to be deposited in the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Distribution Account with respect to the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Final Distribution Date is or will be less
than the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Senior Invested Amount, then, prior to 12:00 noon (New York City time) on the second Business Day prior to such Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Final Distribution
Date, the Administrator shall instruct the Trustee in writing to withdraw (x)&nbsp;first, from the Class&nbsp;A/B/C Reserve Account, an amount equal to the lesser of the Class&nbsp;A/B/C Available Reserve Account Amount and such remaining
insufficiency and (y)&nbsp;second, from the Class&nbsp;D Reserve Account, an amount equal to the lesser of the Class&nbsp;D Available Reserve Account Amount and such remaining insufficiency (after giving effect to any withdrawal from the
Class&nbsp;A/B/C Reserve Account) and, in each case, deposit it in the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Distribution Account on such Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Final Distribution Date. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(d) <U>Class A/B/C Principal Deficit Amount</U>. On each Distribution Date, other than the Series
<FONT STYLE="white-space:nowrap">2020-1</FONT> Final Distribution Date, on which the Class&nbsp;A/B/C Principal Deficit Amount is greater than zero, amounts shall be transferred to the Series <FONT STYLE="white-space:nowrap">2020-1</FONT>
Distribution Account as follows: </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:9%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(i) <U>Demand Note Draw</U>. If on any Determination Date, the Administrator determines
that the Class&nbsp;A/B/C Principal Deficit Amount with respect to the next succeeding Distribution Date will be greater than zero and there are any Class&nbsp;A/B/C Letters of Credit on such date, prior to 10:00 a.m. (New York City time) on the
second Business Day prior to such Distribution Date, the Administrator shall instruct the Trustee in writing to deliver a Demand Notice to the Demand Note Issuers demanding payment of an amount equal to the lesser of (A)&nbsp;the Class&nbsp;A/B/C
Principal Deficit Amount and (B)&nbsp;the Class&nbsp;A/B/C Letter of Credit Amount. The Trustee shall, prior to 12:00 noon (New York City time) on the second Business Day preceding such Distribution Date, deliver such Demand Notice to the Demand
Note Issuers; <U>provided</U>, <U>however</U>, that if an Event of Bankruptcy (or the occurrence of an event described in clause (a)&nbsp;of the definition thereof, without the lapse of a period of sixty (60)&nbsp;consecutive days) with respect to a
Demand Note Issuer shall have occurred and be continuing, the Trustee shall not be required to deliver such Demand Notice to such Demand Note Issuer. The Trustee shall cause the proceeds of any demand on the Series
<FONT STYLE="white-space:nowrap">2020-1</FONT> Demand Note to be deposited into the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Distribution Account. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:9%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(ii) <U>Class A/B/C Letter of Credit Draw</U>. In the event that either (x)&nbsp;on or prior to 10:00 a.m. (New York City time)
on the Business Day prior to such Distribution Date, any Demand Note Issuer shall have failed to pay to the Trustee or deposit into the </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">50 </P>

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 <P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:9%; font-size:10pt; font-family:Times New Roman">
Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Distribution Account the amount specified in such Demand Notice delivered pursuant to Section&nbsp;2.5(d)(i) in whole or in part or
(y)&nbsp;due to the occurrence of an Event of Bankruptcy (or the occurrence of an event described in clause (a)&nbsp;of the definition thereof, without the lapse of a period of sixty (60)&nbsp;consecutive days) with respect to any Demand Note
Issuer, the Trustee shall not have delivered such Demand Notice to any Demand Note Issuer on the second Business Day preceding such Distribution Date, then, in the case of (x)&nbsp;or (y) the Trustee shall on such Business Day draw on the
Class&nbsp;A/B/C Letters of Credit an amount equal to the lesser of (i)&nbsp;Class&nbsp;A/B/C Letter of Credit Amount and (ii)&nbsp;the aggregate amount that the Demand Note Issuers so failed to pay under the Series
<FONT STYLE="white-space:nowrap">2020-1</FONT> Demand Notes (or, the amount that the Trustee failed to demand for payment thereunder) by presenting to each Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Letter of Credit Provider of a
Class&nbsp;A/B/C Letter of Credit a draft accompanied by a Certificate of Unpaid Demand Note Demand; <U>provided</U>, <U>however</U>, that if the Class&nbsp;A/B/C Cash Collateral Account has been established and funded, the Trustee shall withdraw
from the Class&nbsp;A/B/C Cash Collateral Account and deposit in the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Distribution Account an amount equal to the lesser of (x)&nbsp;the Class&nbsp;A/B/C Cash Collateral Percentage on such
Business Day of the aggregate amount that the Demand Note Issuers so failed to pay under the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Demand Notes (or, the amount that the Trustee failed to demand for payment thereunder) and
(y)&nbsp;the Class&nbsp;A/B/C Available Cash Collateral Account Amount on such Business Day and draw an amount equal to the remainder of the aggregate amount that the Demand Note Issuers so failed to pay under the Series <FONT
STYLE="white-space:nowrap">2020-1</FONT> Demand Notes (or, the amount that the Trustee failed to demand for payment thereunder) on the Class&nbsp;A/B/C Letters of Credit. The Trustee shall deposit into, or cause the deposit of, the proceeds of any
draw on the Class&nbsp;A/B/C Letters of Credit and the proceeds of any withdrawal from the Class&nbsp;A/B/C Cash Collateral Account to be deposited in the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Distribution Account. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:9%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(iii) <U>Class A/B/C Reserve Account Withdrawal</U>. If the Class&nbsp;A/B/C Letter of Credit Amount will be less than the
Class&nbsp;A/B/C Principal Deficit Amount on any Distribution Date, then, prior to 12:00 noon (New York City time) on the second Business Day prior to such Distribution Date, the Administrator shall instruct the Trustee in writing to withdraw from
the Class&nbsp;A/B/C Reserve Account, an amount equal to the lesser of (x)&nbsp;the Class&nbsp;A/B/C Available Reserve Account Amount and (y)&nbsp;the amount by which the Class&nbsp;A/B/C Principal Deficit Amount exceeds the amounts to be deposited
in the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Distribution Account in accordance with clauses (i)&nbsp;and (ii) of this Section&nbsp;2.5(d) and deposit it in the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Distribution
Account on such Distribution Date. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(e) <U>Class D Principal Deficit Amount</U>. On each Distribution Date, other than the Series <FONT
STYLE="white-space:nowrap">2020-1</FONT> Final Distribution Date, on which the Class&nbsp;A Notes, Class&nbsp;B Notes and Class&nbsp;C Notes will have been paid in full and the Class&nbsp;D Principal Deficit Amount is greater than zero, amounts
shall be transferred to the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Distribution Account as follows: </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:9%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(i)
<U>Demand Note Draw</U>. If on the Determination Date with respect to any such Distribution Date, the Administrator determines that the Class&nbsp;D Principal Deficit Amount with respect to the next succeeding Distribution Date will be greater than
zero and there are any Class&nbsp;A/B/C Letters of Credit or Class&nbsp;D Letters of Credit on such date, prior to 10:00 a.m. (New York City time) on the second Business Day prior to such Distribution Date, the Administrator shall instruct the
Trustee in writing to deliver a Demand Notice to </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">51 </P>

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 <P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:9%; font-size:10pt; font-family:Times New Roman">
the Demand Note Issuers demanding payment of an amount equal to the lesser of (A)&nbsp;the Class&nbsp;D Principal Deficit Amount and (B)&nbsp;the sum of (x)&nbsp;the Class&nbsp;A/B/C Letter of
Credit Amount and (y)&nbsp;the Class&nbsp;D Letter of Credit Amount. The Trustee shall, prior to 12:00 noon (New York City time) on the second Business Day preceding such Distribution Date, deliver such Demand Notice to the Demand Note Issuers;
<U>provided</U>, <U>however</U>, that if an Event of Bankruptcy (or the occurrence of an event described in clause (a)&nbsp;of the definition thereof, without the lapse of a period of 60 consecutive days) with respect to a Demand Note Issuer shall
have occurred and be continuing, the Trustee shall not be required to deliver such Demand Notice to such Demand Note Issuer. The Trustee shall cause the proceeds of any demand on the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Demand Note
to be deposited into the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Distribution Account. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:9%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(ii) <U>Class A/B/C
Letter of Credit Draw</U>. In the event that either (x)&nbsp;on or prior to 10:00 a.m. (New York City time) on the Business Day prior to such Distribution Date, any Demand Note Issuer shall have failed to pay to the Trustee or deposit into the
Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Distribution Account the amount specified in such Demand Notice delivered pursuant to Section&nbsp;2.5(e)(i) in whole or in part or (y)&nbsp;due to the occurrence of an Event of Bankruptcy (or
the occurrence of an event described in clause (a)&nbsp;of the definition thereof, without the lapse of a period of 60 consecutive days) with respect to any Demand Note Issuer, the Trustee shall not have delivered such Demand Notice to any Demand
Note Issuer on the second Business Day preceding such Distribution Date, then, in the case of (x)&nbsp;or (y) the Trustee shall on such Business Day draw on the Class&nbsp;A/B/C Letters of Credit, if any, an amount equal to the lesser of
(i)&nbsp;Class A/B/C Letter of Credit Amount and (ii)&nbsp;the aggregate amount that the Demand Note Issuers so failed to pay under the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Demand Notes (or, the amount that the Trustee failed to
demand for payment thereunder) by presenting to each Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Letter of Credit Provider of a Class&nbsp;A/B/C Letter of Credit a draft accompanied by a Certificate of Unpaid Demand Note Demand;
<U>provided</U>, <U>however</U>, that if the Class&nbsp;A/B/C Cash Collateral Account has been established and funded, the Trustee shall withdraw from the Class&nbsp;A/B/C Cash Collateral Account and deposit in the Series <FONT
STYLE="white-space:nowrap">2020-1</FONT> Distribution Account an amount equal to the lesser of (x)&nbsp;the Class&nbsp;A/B/C Cash Collateral Percentage on such Business Day of the aggregate amount that the Demand Note Issuers so failed to pay under
the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Demand Notes (or, the amount that the Trustee failed to demand for payment thereunder) and (y)&nbsp;the Class&nbsp;A/B/C Available Cash Collateral Account Amount on such Business Day and draw
an amount equal to the remainder of the aggregate amount that the Demand Note Issuers so failed to pay under the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Demand Notes (or, the amount that the Trustee failed to demand for payment
thereunder) on the Class&nbsp;A/B/C Letters of Credit. The Trustee shall deposit into, or cause the deposit of, the proceeds of any draw on the Class&nbsp;A/B/C Letters of Credit and the proceeds of any withdrawal from the Class&nbsp;A/B/C Cash
Collateral Account to be deposited in the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Distribution Account. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:9%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(iii) <U>Class A/B/C Reserve Account Withdrawal</U>. If the amounts to be deposited in the Series <FONT
STYLE="white-space:nowrap">2020-1</FONT> Distribution Account in accordance with Section&nbsp;2.5(c)(i) and (ii)&nbsp;will be less than the Class&nbsp;D Principal Deficit Amount on any Distribution Date, then, prior to 12:00 noon (New York City
time) on the second Business Day prior to such Distribution Date, the Administrator shall instruct the Trustee in writing to withdraw from the Class&nbsp;A/B/C Reserve Account, an amount equal to the lesser of (x)&nbsp;the Class&nbsp;A/B/C Available
</P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">52 </P>

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Reserve Account Amount and (y)&nbsp;the amount by which the Class&nbsp;D Principal Deficit Amount exceeds the amounts to be deposited in the Series <FONT STYLE="white-space:nowrap">2020-1</FONT>
Distribution Account in accordance with clauses (i)&nbsp;and (ii) of this Section&nbsp;2.5(e) and deposit it in the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Distribution Account on such Distribution Date. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:9%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(iv) <U>Class D Letter of Credit Draw</U>. In the event that either (x)&nbsp;on or prior to 10:00 a.m. (New York City time) on
the Business Day prior to such Distribution Date, any Demand Note Issuer shall have failed to pay to the Trustee or deposit into the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Distribution Account the amount specified in such Demand
Notice in whole or in part or (y)&nbsp;due to the occurrence of an Event of Bankruptcy (or the occurrence of an event described in clause (a)&nbsp;of the definition thereof, without the lapse of a period of 60 consecutive days) with respect to any
Demand Note Issuer, the Trustee shall not have delivered such Demand Notice to any Demand Note Issuer on the second Business Day preceding such Distribution Date, then, in the case of (x)&nbsp;or (y) the Trustee shall on such Business Day draw on
the Class&nbsp;D Letters of Credit, if any, an amount equal to the lesser of (i)&nbsp;Class D Letter of Credit Amount and (ii)&nbsp;the excess of (A)&nbsp;the aggregate amount that the Demand Note Issuers so failed to pay under the Series <FONT
STYLE="white-space:nowrap">2020-1</FONT> Demand Notes (or, the amount that the Trustee failed to demand for payment thereunder) over (B)&nbsp;the amount deposited into the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Distribution Account in
accordance with Section&nbsp;2.5(e)(ii) and (iii)&nbsp;above, by presenting to each Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Letter of Credit Provider of a Class&nbsp;D Letter of Credit a draft accompanied by a Certificate of Unpaid
Demand Note Demand; <U>provided</U>, <U>however</U>, that if the Class&nbsp;D Cash Collateral Account has been established and funded, the Trustee shall withdraw from the Class&nbsp;D Cash Collateral Account and deposit in the Series <FONT
STYLE="white-space:nowrap">2020-1</FONT> Distribution Account an amount equal to the lesser of (x)&nbsp;the Class&nbsp;D Cash Collateral Percentage on such Business Day of the excess of (A)&nbsp;the aggregate amount that the Demand Note Issuers so
failed to pay under the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Demand Notes (or, the amount that the Trustee failed to demand for payment thereunder) over (B)&nbsp;the amount deposited into the Series
<FONT STYLE="white-space:nowrap">2020-1</FONT> Distribution Account in accordance with Section&nbsp;2.5(e)(ii) and (iii)&nbsp;above and (y)&nbsp;the Class&nbsp;D Available Cash Collateral Account Amount on such Business Day and draw an amount equal
to the remainder of such excess on the Class&nbsp;D Letters of Credit. The Trustee shall deposit into, or cause the deposit of, the proceeds of any draw on the Class&nbsp;D Letters of Credit and the proceeds of any withdrawal from the Class&nbsp;D
Cash Collateral Account to be deposited in the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Distribution Account. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:9%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(v) <U>Class D Reserve Account Withdrawal</U>. If the amounts to be deposited in the Series
<FONT STYLE="white-space:nowrap">2020-1</FONT> Distribution Account in accordance with Section&nbsp;2.5(e)(i) through (iv)&nbsp;will be less than the Class&nbsp;D Principal Deficit Amount on any Distribution Date, then, prior to 12:00 noon (New York
City time) on the second Business Day prior to such Distribution Date, the Administrator shall instruct the Trustee in writing to withdraw from the Class&nbsp;D Reserve Account, an amount equal to the lesser of (x)&nbsp;the Class&nbsp;D Available
Reserve Account Amount and (y)&nbsp;the amount by which the Class&nbsp;D Principal Deficit Amount exceeds the amounts to be deposited in the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Distribution Account in accordance with clauses
(i)&nbsp;through (iv) of this Section&nbsp;2.5(e) and deposit it in the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Distribution Account on such Distribution Date. </P>
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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(f) <U>Distributions</U>. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:9%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(i) <U>Class A Notes</U>. On each Distribution Date occurring on or after the date a withdrawal is made from the Series <FONT
STYLE="white-space:nowrap">2020-1</FONT> Collection Account pursuant to Section&nbsp;2.5(a) or amounts are deposited in the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Distribution Account pursuant to Section&nbsp;2.5(b), (c) or
(d)&nbsp;the Paying Agent shall, in accordance with Section&nbsp;6.1 of the Base Indenture, pay <U>pro</U> <U>rata</U> to each Class&nbsp;A Noteholder from the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Distribution Account the amount
deposited therein pursuant to Section&nbsp;2.5(a), (b), (c) or (d), to the extent necessary to pay the Class&nbsp;A Controlled Distribution Amount during the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Controlled Amortization Period or to
the extent necessary to pay the Class&nbsp;A Invested Amount during the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Rapid Amortization Period. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:9%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(ii) <U>Class B Notes</U>. On each Distribution Date occurring on or after the date a withdrawal is made from the Series <FONT
STYLE="white-space:nowrap">2020-1</FONT> Collection Account pursuant to Section&nbsp;2.5(a) or amounts are deposited in the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Distribution Account pursuant to Section&nbsp;2.5(b), (c) or
(d)&nbsp;the Paying Agent shall, in accordance with Section&nbsp;6.1 of the Base Indenture, pay <U>pro</U> <U>rata</U> to each Class&nbsp;B Noteholder from the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Distribution Account the amount
deposited therein pursuant to Section&nbsp;2.5(a), (b), (c) or (d)&nbsp;less the aggregate amount applied to make the payments required pursuant to Section&nbsp;2.5(f)(i), to the extent necessary to pay the Class&nbsp;B Controlled Distribution
Amount during the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Controlled Amortization Period or to the extent necessary to pay the Class&nbsp;B Invested Amount during the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Rapid
Amortization Period. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:9%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(iii) <U>Class C Notes</U>. On each Distribution Date occurring on or after the date a withdrawal is
made from the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Collection Account pursuant to Section&nbsp;2.5(a) or amounts are deposited in the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Distribution Account pursuant to
Section&nbsp;2.5(b), (c) or (d)&nbsp;the Paying Agent shall, in accordance with Section&nbsp;6.1 of the Base Indenture, pay <U>pro</U> <U>rata</U> to each Class&nbsp;C Noteholder from the Series <FONT STYLE="white-space:nowrap">2020-1</FONT>
Distribution Account the amount deposited therein pursuant to Section&nbsp;2.5(a), (b), (c) or (d)&nbsp;less the aggregate amount applied to make the payments required pursuant to Section&nbsp;2.5(f)(i) and Section&nbsp;2.5(f)(ii), to the extent
necessary to pay the Class&nbsp;C Controlled Distribution Amount during the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Controlled Amortization Period or to the extent necessary to pay the Class&nbsp;C Invested Amount during the Series <FONT
STYLE="white-space:nowrap">2020-1</FONT> Rapid Amortization Period. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:9%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(iv) <U>Class D Notes</U>. On each Distribution Date
occurring on or after the date a withdrawal is made from the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Collection Account pursuant to Section&nbsp;2.5(a) or amounts are deposited in the Series
<FONT STYLE="white-space:nowrap">2020-1</FONT> Distribution Account pursuant to Section&nbsp;2.5(b), (c), (d) or (e)&nbsp;the Paying Agent shall, in accordance with Section&nbsp;6.1 of the Base Indenture, pay <U>pro</U> <U>rata</U> to each
Class&nbsp;D Noteholder from the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Distribution Account the amount deposited therein pursuant to Section&nbsp;2.5(a), (b), (c), (d) or (e)&nbsp;less the aggregate amount applied to make the
payments required pursuant to Section&nbsp;2.5(f)(i), Section&nbsp;2.5(f)(ii) and Section&nbsp;2.5(f)(iii), to the extent necessary to pay the Class&nbsp;D Controlled Distribution Amount during the Series
<FONT STYLE="white-space:nowrap">2020-1</FONT> Controlled Amortization Period or to the extent necessary to pay the Class&nbsp;D Invested Amount during the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Rapid Amortization Period. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:9%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(v) <U>Class R Notes</U>. On each Distribution Date occurring on or after the date a withdrawal is made from the Series <FONT
STYLE="white-space:nowrap">2020-1</FONT> Collection Account pursuant to </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">54 </P>

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Section 2.5(a) the Paying Agent shall, in accordance with Section&nbsp;6.1 of the Base Indenture, pay <U>pro</U> <U>rata</U> to each Class&nbsp;R Noteholder from the Series <FONT
STYLE="white-space:nowrap">2020-1</FONT> Distribution Account the amount deposited therein pursuant to Section&nbsp;2.5(a) less the aggregate amount applied to make the payments required pursuant to Section&nbsp;2.5(f)(i), Section&nbsp;2.5(f)(ii),
Section&nbsp;2.5(f)(iii) and Section&nbsp;2.5(f)(iv), to the extent necessary to pay the Class&nbsp;R Controlled Amortization Amount during the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Controlled Amortization Period or to the extent
necessary to pay the Class&nbsp;R Invested Amount during the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Rapid Amortization Period. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;2.6. <U>Administrator</U><U>&#146;</U><U>s Failure to Instruct the Trustee to Make a Deposit or Payment</U>. If the Administrator
fails to give notice or instructions to make any payment from or deposit into the Collection Account required to be given by the Administrator, at the time specified in the Administration Agreement or any other Related Document (including applicable
grace periods), the Trustee shall make such payment or deposit into or from the Collection Account without such notice or instruction from the Administrator; <U>provided</U>, <U>however</U>, that the Administrator, upon request of the Trustee,
promptly provides the Trustee with all information necessary to allow the Trustee to make such a payment or deposit. When any payment or deposit hereunder or under any other Related Document is required to be made by the Trustee or the Paying Agent
at or prior to a specified time, the Administrator shall deliver any applicable written instructions with respect thereto reasonably in advance of such specified time. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;2.7. <U>Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Reserve Account</U><U>s</U>. (a) <U>Establishment of
Class&nbsp;A/B/C Reserve Account</U>. ABRCF has established and shall maintain in the name of the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Agent for the benefit of the Class&nbsp;A Noteholders, the Class&nbsp;B Noteholders, the
Class&nbsp;C Noteholders and the Class&nbsp;D Noteholders, or cause to be established and maintained, an account (the &#147;<U>Class</U><U></U><U>&nbsp;A/B/C Reserve Account</U>&#148;), bearing a designation clearly indicating that the funds
deposited therein are held for the benefit of the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Noteholders. The Class&nbsp;A/B/C Reserve Account shall be maintained (i)&nbsp;with a Qualified Institution, or (ii)&nbsp;as a segregated trust
account with the corporate trust department of a depository institution or trust company having corporate trust powers and acting as trustee for funds deposited in the Class&nbsp;A/B/C Reserve Account; <U>provided</U>, <U>however</U>, that, if at
any time such Qualified Institution is no longer a Qualified Institution or the credit rating of any securities issued by such depositary institution or trust company shall be reduced to below &#147;BBB (low)&#148; by DBRS, &#147;Baa3&#148; by
Moody&#146;s or <FONT STYLE="white-space:nowrap">&#147;BBB-&#148;</FONT> by Fitch, then ABRCF shall, within thirty (30)&nbsp;days of such reduction, establish a new Class&nbsp;A/B/C Reserve Account with a new Qualified Institution. If the
Class&nbsp;A/B/C Reserve Account is not maintained in accordance with the previous sentence, ABRCF shall establish a new Class&nbsp;A/B/C Reserve Account, within ten (10)&nbsp;Business Days after obtaining knowledge of such fact, which complies with
such sentence, and shall instruct the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Agent in writing to transfer all cash and investments from the <FONT STYLE="white-space:nowrap">non-qualifying</FONT> Class&nbsp;A/B/C Reserve Account into
the new Class&nbsp;A/B/C Reserve Account. The Class&nbsp;A/B/C Reserve Account has initially been established with The Bank of New York Mellon Trust Company, N.A. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(b) <U>Administration of the Class</U><U></U><U>&nbsp;A/B/C Reserve Account</U>. The Administrator may instruct the institution maintaining
the Class&nbsp;A/B/C Reserve Account to invest funds on deposit in the Class&nbsp;A/B/C Reserve Account from time to time in Permitted Investments; <U>provided</U>, <U>however</U>, that any such investment shall mature not later than the Business
Day prior to the Distribution Date following the date on which such funds were received, unless any Permitted </P>
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Investment held in the Class&nbsp;A/B/C Reserve Account is held with the Paying Agent, then such investment may mature on such Distribution Date and such funds shall be available for withdrawal
on or prior to such Distribution Date; <U>provided</U>, <U>further</U>, that in the case of Permitted Investments held in the Class&nbsp;A/B/C Reserve Account and so long as any Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Note is rated by
Fitch (x)&nbsp;any Permitted Investment set forth in clauses (ii), (iii), (vi) and (vii)&nbsp;of the definition thereof will have a rating of <FONT STYLE="white-space:nowrap">&#147;AA-&#148;</FONT> or &#147;F1+&#148; by Fitch and (y)&nbsp;any
Permitted Investment set forth in clause (v)&nbsp;of the definition thereof will either have a rating of &#147;AAAmmf&#148; by Fitch or, if such fund is not rated by Fitch, the then highest rating from two nationally recognized investment rating
agencies (other than Fitch). All such Permitted Investments will be credited to the Class&nbsp;A/B/C Reserve Account and any such Permitted Investments that constitute (i)&nbsp;physical property (and that is not either a United States security
entitlement or a security entitlement) shall be physically delivered to the Trustee; (ii)&nbsp;United States security entitlements or security entitlements shall be controlled (as defined in <FONT STYLE="white-space:nowrap">Section&nbsp;8-106</FONT>
of the New&nbsp;York UCC) by the Trustee pending maturity or disposition, and (iii)&nbsp;uncertificated securities (and not United States security entitlements) shall be delivered to the Trustee by causing the Trustee to become the registered holder
of such securities. The Trustee shall, at the expense of ABRCF, take such action as is required to maintain the Trustee&#146;s security interest in the Permitted Investments credited to the Class&nbsp;A/B/C Reserve Account. ABRCF shall not direct
the Trustee to dispose of (or permit the disposal of) any Permitted Investment prior to the maturity thereof to the extent such disposal would result in a loss of the purchase price of such Permitted Investment. In the absence of written investment
instructions hereunder, funds on deposit in the Class&nbsp;A/B/C Reserve Account shall remain uninvested. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(c) <U>Earnings from
Class</U><U></U><U>&nbsp;A/B/C Reserve Account</U>. All interest and earnings (net of losses and investment expenses) paid on funds on deposit in the Class&nbsp;A/B/C Reserve Account shall be deemed to be on deposit therein and available for
distribution. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(d) <U>Class A/B/C Reserve Account Constitutes Additional Collateral for Series
<FONT STYLE="white-space:nowrap">2020-1</FONT> Senior Notes</U>. In order to secure and provide for the repayment and payment of the ABRCF Obligations with respect to the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Senior Notes, ABRCF
hereby grants a security interest in and assigns, pledges, grants, transfers and sets over to the Trustee, for the benefit of the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Noteholders, all of ABRCF&#146;s right, title and interest in and
to the following (whether now or hereafter existing or acquired): (i) the Class&nbsp;A/B/C Reserve Account, including any security entitlement thereto; (ii)&nbsp;all funds on deposit therein from time to time; (iii)&nbsp;all certificates and
instruments, if any, representing or evidencing any or all of the Class&nbsp;A/B/C Reserve Account or the funds on deposit therein from time to time; (iv)&nbsp;all investments made at any time and from time to time with monies in the
Class&nbsp;A/B/C Reserve Account, whether constituting securities, instruments, general intangibles, investment property, financial assets or other property; (v)&nbsp;all interest, dividends, cash, instruments and other property from time to time
received, receivable or otherwise distributed in respect of or in exchange for the Class&nbsp;A/B/C Reserve Account, the funds on deposit therein from time to time or the investments made with such funds; and (vi)&nbsp;all proceeds of any and all of
the foregoing, including, without limitation, cash (the items in the foregoing clauses (i)&nbsp;through (vi)&nbsp;are referred to, collectively, as the &#147;<U>Class</U><U></U><U>&nbsp;A/B/C Reserve Account Collateral</U>&#148;). The Trustee shall
possess all right, title and interest in and to all funds on deposit from time to time in the Class&nbsp;A/B/C Reserve Account and in all proceeds thereof, and shall be the only person authorized to originate entitlement orders in respect of the
Class&nbsp;A/B/C Reserve Account. The Class&nbsp;A/B/C Reserve Account Collateral shall be under the sole dominion and </P>
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control of the Trustee for the benefit of the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Noteholders. The Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Agent hereby agrees
(i)&nbsp;to act as the securities intermediary (as defined in <FONT STYLE="white-space:nowrap">Section&nbsp;8-102(a)(14)</FONT> of the New&nbsp;York UCC) with respect to the Class&nbsp;A/B/C Reserve Account; (ii)&nbsp;that its jurisdiction as
securities intermediary is New&nbsp;York; (iii)&nbsp;that each item of property (whether investment property, financial asset, security, instrument or cash) credited to the Class&nbsp;A/B/C Reserve Account shall be treated as a financial asset (as
defined in <FONT STYLE="white-space:nowrap">Section&nbsp;8-102(a)(9)</FONT> of the New&nbsp;York UCC) and (iv)&nbsp;to comply with any entitlement order (as defined in <FONT STYLE="white-space:nowrap">Section&nbsp;8-102(a)(8)</FONT> of the
New&nbsp;York UCC) issued by the Trustee. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(e) <U>Class A/B/C Reserve Account Surplus</U>. In the event that the Class&nbsp;A/B/C Reserve
Account Surplus on any Distribution Date, after giving effect to all withdrawals from the Class&nbsp;A/B/C Reserve Account, is greater than zero, if no Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Enhancement Deficiency or AESOP I Operating
Lease Vehicle Deficiency would result therefrom or exist thereafter, the Trustee, acting in accordance with the written instructions of the Administrator pursuant to the Administration Agreement, shall withdraw from the Class&nbsp;A/B/C Reserve
Account an amount equal to the Class&nbsp;A/B/C Reserve Account Surplus and shall (i)&nbsp;transfer an amount equal to the excess, if any, of the Class&nbsp;D Required Liquidity Amount as of such date over the Class&nbsp;D Liquidity Amount as of
such date to the Class&nbsp;D Reserve Account and (ii)&nbsp;pay any remaining Class&nbsp;A/B/C Reserve Account Surplus to ABRCF. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(f)
<U>Termination of Class</U><U></U><U>&nbsp;A/B/C Reserve Account</U>. Upon the termination of the Indenture pursuant to Section&nbsp;11.1 of the Base Indenture, the Trustee, acting in accordance with the written instructions of the Administrator,
after the prior payment of all amounts owing to the Holders of the Class&nbsp;A Notes, Class&nbsp;B Notes or Class&nbsp;C Notes and payable from the Class&nbsp;A/B/C Reserve Account as provided herein, shall withdraw from the Class&nbsp;A/B/C
Reserve Account all amounts on deposit therein for payment to ABRCF. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(g) <U>Establishment of Class</U><U></U><U>&nbsp;D Reserve
Account</U>. ABRCF shall establish and maintain in the name of the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Agent for the benefit of the Class&nbsp;D Noteholders, or cause to be established and maintained, an account (the
&#147;<U>Class</U><U></U><U>&nbsp;D Reserve Account</U>&#148;), bearing a designation clearly indicating that the funds deposited therein are held for the benefit of the Class&nbsp;D Noteholders. The Class&nbsp;D Reserve Account shall be maintained
(i)&nbsp;with a Qualified Institution, or (ii)&nbsp;as a segregated trust account with the corporate trust department of a depository institution or trust company having corporate trust powers and acting as trustee for funds deposited in the
Class&nbsp;D Reserve Account; <U>provided</U> that, if at any time such Qualified Institution is no longer a Qualified Institution or the credit rating of any securities issued by such depositary institution or trust company shall be reduced to
below &#147;BBB (low)&#148; by DBRS or &#147;Baa3&#148; by Moody&#146;s, then ABRCF shall, within thirty (30)&nbsp;days of such reduction, establish a new Class&nbsp;D Reserve Account with a new Qualified Institution. If the Class&nbsp;D Reserve
Account is not maintained in accordance with the previous sentence, ABRCF shall establish a new Class&nbsp;D Reserve Account, within ten (10)&nbsp;Business Days after obtaining knowledge of such fact, which complies with such sentence, and shall
instruct the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Agent in writing to transfer all cash and investments from the <FONT STYLE="white-space:nowrap">non-qualifying</FONT> Class&nbsp;D Reserve Account into the new Class&nbsp;D Reserve
Account. Initially, the Class&nbsp;D Reserve Account will be established with The Bank of New York Mellon Trust Company, N.A. </P>
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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(h) <U>Administration of the Class</U><U></U><U>&nbsp;D Reserve Account</U>. The
Administrator may instruct the institution maintaining the Class&nbsp;D Reserve Account to invest funds on deposit in the Class&nbsp;D Reserve Account from time to time in Permitted Investments; <U>provided</U>, <U>however</U>, that any such
investment shall mature not later than the Business Day prior to the Distribution Date following the date on which such funds were received, unless any Permitted Investment held in the Class&nbsp;D Reserve Account is held with the Paying Agent, then
such investment may mature on such Distribution Date and such funds shall be available for withdrawal on or prior to such Distribution Date. All such Permitted Investments will be credited to the Class&nbsp;D Reserve Account and any such Permitted
Investments that constitute (i)&nbsp;physical property (and that is not either a United States security entitlement or a security entitlement) shall be physically delivered to the Trustee; (ii)&nbsp;United States security entitlements or security
entitlements shall be controlled (as defined in <FONT STYLE="white-space:nowrap">Section&nbsp;8-106</FONT> of the New&nbsp;York UCC) by the Trustee pending maturity or disposition, and (iii)&nbsp;uncertificated securities (and not United States
security entitlements) shall be delivered to the Trustee by causing the Trustee to become the registered holder of such securities. The Trustee shall, at the expense of ABRCF, take such action as is required to maintain the Trustee&#146;s security
interest in the Permitted Investments credited to the Class&nbsp;D Reserve Account. ABRCF shall not direct the Trustee to dispose of (or permit the disposal of) any Permitted Investments prior to the maturity thereof to the extent such disposal
would result in a loss of the purchase price of such Permitted Investments. In the absence of written investment instructions hereunder, funds on deposit in the Class&nbsp;D Reserve Account shall remain uninvested. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(i) <U>Earnings from Class</U><U></U><U>&nbsp;D Reserve Account</U>. All interest and earnings (net of losses and investment expenses) paid on
funds on deposit in the Class&nbsp;D Reserve Account shall be deemed to be on deposit therein and available for distribution. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(j)
<U>Class D Reserve Account Constitutes Additional Collateral for Class</U><U></U><U>&nbsp;D Notes</U>. In order to secure and provide for the repayment and payment of the ABRCF Obligations with respect to the Class&nbsp;D Notes, ABRCF hereby grants
a security interest in and assigns, pledges, grants, transfers and sets over to the Trustee, for the benefit of the Class&nbsp;D Noteholders, all of ABRCF&#146;s right, title and interest in and to the following (whether now or hereafter existing or
acquired): (i) the Class&nbsp;D Reserve Account, including any security entitlement thereto; (ii)&nbsp;all funds on deposit therein from time to time; (iii)&nbsp;all certificates and instruments, if any, representing or evidencing any or all of the
Class&nbsp;D Reserve Account or the funds on deposit therein from time to time; (iv)&nbsp;all investments made at any time and from time to time with monies in the Class&nbsp;D Reserve Account, whether constituting securities, instruments, general
intangibles, investment property, financial assets or other property; (v)&nbsp;all interest, dividends, cash, instruments and other property from time to time received, receivable or otherwise distributed in respect of or in exchange for the
Class&nbsp;D Reserve Account, the funds on deposit therein from time to time or the investments made with such funds; and (vi)&nbsp;all proceeds of any and all of the foregoing, including, without limitation, cash (the items in the foregoing clauses
(i)&nbsp;through (vi)&nbsp;are referred to, collectively, as the &#147;<U>Class</U><U></U><U>&nbsp;D Reserve Account Collateral</U>&#148;). The Trustee shall possess all right, title and interest in and to all funds on deposit from time to time in
the Class&nbsp;D Reserve Account and in all proceeds thereof, and shall be the only person authorized to originate entitlement orders in respect of the Class&nbsp;D Reserve Account. The Class&nbsp;D Reserve Account Collateral shall be under the sole
dominion and control of the Trustee for the benefit of the Class&nbsp;D Noteholders. The Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Agent hereby agrees (i)&nbsp;to act as the securities intermediary (as defined in <FONT
STYLE="white-space:nowrap">Section&nbsp;8-102(a)(14)</FONT> of the New&nbsp;York UCC) with respect to the Class&nbsp;D Reserve Account; (ii)&nbsp;that its </P>
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jurisdiction as securities intermediary is New&nbsp;York; (iii)&nbsp;that each item of property (whether investment property, financial asset, security, instrument or cash) credited to the
Class&nbsp;D Reserve Account shall be treated as a financial asset (as defined in <FONT STYLE="white-space:nowrap">Section&nbsp;8-102(a)(9)</FONT> of the New&nbsp;York UCC) and (iv)&nbsp;to comply with any entitlement order (as defined in <FONT
STYLE="white-space:nowrap">Section&nbsp;8-102(a)(8)</FONT> of the New&nbsp;York UCC) issued by the Trustee. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(k) <U>Class D Reserve
Account Surplus</U>. In the event that the Class&nbsp;D Reserve Account Surplus on any Distribution Date, after giving effect to all withdrawals from the Class&nbsp;D Reserve Account, is greater than zero, if no Series
<FONT STYLE="white-space:nowrap">2020-1</FONT> Enhancement Deficiency or AESOP I Operating Lease Vehicle Deficiency would result therefrom or exist thereafter, the Trustee, acting in accordance with the written instructions of the Administrator
pursuant to the Administration Agreement, shall withdraw from the Class&nbsp;D Reserve Account an amount equal to the Class&nbsp;D Reserve Account Surplus and shall pay such amount to ABRCF. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(l) <U>Termination of Class</U><U></U><U>&nbsp;D Reserve Account</U>. Upon the termination of the Indenture pursuant to Section&nbsp;11.1 of
the Base Indenture, the Trustee, acting in accordance with the written instructions of the Administrator, after the prior payment of all amounts owing to the Class&nbsp;D Noteholders and payable from the Class&nbsp;D Reserve Account as provided
herein, shall withdraw from the Class&nbsp;D Reserve Account all amounts on deposit therein for payment to ABRCF. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;2.8.
<U>Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Letters of Credit and <FONT STYLE="white-space:nowrap">2020-1</FONT> Cash Collateral Accounts</U>. (a)<U>&nbsp;Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Letters of Credit and
Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Cash Collateral Account Constitute Additional Collateral for Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Senior Notes</U>. In order to secure and provide for the repayment and payment
of the ABRCF Obligations with respect to the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Senior Notes, ABRCF hereby grants a security interest in and assigns, pledges, grants, transfers and sets over to the Trustee, for the benefit of the
Class&nbsp;A Noteholders, the Series Class&nbsp;B Noteholders and the Class&nbsp;C Noteholders, all of ABRCF&#146;s right, title and interest in and to the following (whether now or hereafter existing or acquired): (i)&nbsp;each Class&nbsp;A/B/C
Letter of Credit; (ii)&nbsp;the Class&nbsp;A/B/C Cash Collateral Account, including any security entitlement thereto; (iii)&nbsp;all funds on deposit in the Class&nbsp;A/B/C Cash Collateral Account from time to time; (iv)&nbsp;all certificates and
instruments, if any, representing or evidencing any or all of the Class&nbsp;A/B/C Cash Collateral Account or the funds on deposit therein from time to time; (v)&nbsp;all investments made at any time and from time to time with monies in the
Class&nbsp;A/B/C Cash Collateral Account, whether constituting securities, instruments, general intangibles, investment property, financial assets or other property; (vi)&nbsp;all interest, dividends, cash, instruments and other property from time
to time received, receivable or otherwise distributed in respect of or in exchange for the Class&nbsp;A/B/C Cash Collateral Account, the funds on deposit therein from time to time or the investments made with such funds; and (vii)&nbsp;all proceeds
of any and all of the foregoing, including, without limitation, cash (the items in the foregoing clauses (ii)&nbsp;through (vii)&nbsp;are referred to, collectively, as the &#147;<U>Class</U><U></U><U>&nbsp;A/B/C Cash Collateral Account
Collateral</U>&#148;). The Trustee shall, for the benefit of the Class&nbsp;A Noteholders, the Class&nbsp;B Noteholders and the Class&nbsp;C Noteholders, possess all right, title and interest in all funds on deposit from time to time in the
Class&nbsp;A/B/C Cash Collateral Account and in all proceeds thereof, and shall be the only person authorized to originate entitlement orders in respect of the Class&nbsp;A/B/C Cash Collateral Account. The Class&nbsp;A/B/C Cash Collateral Account
shall be under the sole dominion and control of the Trustee for the benefit of the Class&nbsp;A Noteholders, the Class&nbsp;B Noteholders and the Class&nbsp;C Noteholders. The Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Agent hereby agrees
(i)&nbsp;to act as </P>
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the securities intermediary (as defined in <FONT STYLE="white-space:nowrap">Section&nbsp;8-102(a)(14)</FONT> of the New&nbsp;York UCC) with respect to the Class&nbsp;A/B/C Cash Collateral
Account; (ii)&nbsp;that its jurisdiction as a securities intermediary is New York, (iii)&nbsp;that each item of property (whether investment property, financial asset, security, instrument or cash) credited to the Class&nbsp;A/B/C Cash Collateral
Account shall be treated as a financial asset (as defined in <FONT STYLE="white-space:nowrap">Section&nbsp;8-102(a)(9)</FONT> of the New&nbsp;York UCC) and (iv)&nbsp;to comply with any entitlement order (as defined in
<FONT STYLE="white-space:nowrap">Section&nbsp;8-102(a)(8)</FONT> of the New&nbsp;York UCC) issued by the Trustee. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(b) <U>Class D Letters
of Credit and Class</U><U></U><U>&nbsp;D Cash Collateral Account Constitute Additional Collateral for Class</U><U></U><U>&nbsp;D Notes</U>. In order to secure and provide for the repayment and payment of the ABRCF Obligations with respect to the
Class&nbsp;D Notes, ABRCF hereby grants a security interest in and assigns, pledges, grants, transfers and sets over to the Trustee, for the benefit of the Class&nbsp;D Noteholders, all of ABRCF&#146;s right, title and interest in and to the
following (whether now or hereafter existing or acquired): (i)&nbsp;each Class&nbsp;D Letter of Credit; (ii)&nbsp;the Class&nbsp;D Cash Collateral Account, including any security entitlement thereto; (iii)&nbsp;all funds on deposit in the
Class&nbsp;D Cash Collateral Account from time to time; (iv)&nbsp;all certificates and instruments, if any, representing or evidencing any or all of the Class&nbsp;D Cash Collateral Account or the funds on deposit therein from time to time;
(v)&nbsp;all investments made at any time and from time to time with monies in the Class&nbsp;D Cash Collateral Account, whether constituting securities, instruments, general intangibles, investment property, financial assets or other property;
(vi)&nbsp;all interest, dividends, cash, instruments and other property from time to time received, receivable or otherwise distributed in respect of or in exchange for the Class&nbsp;D Cash Collateral Account, the funds on deposit therein from time
to time or the investments made with such funds; and (vii)&nbsp;all proceeds of any and all of the foregoing, including, without limitation, cash (the items in the foregoing clauses (ii)&nbsp;through (vii)&nbsp;are referred to, collectively, as the
&#147;<U>Class</U><U></U><U>&nbsp;D Cash Collateral Account Collateral</U>&#148;). The Trustee shall, for the benefit of the Class&nbsp;D Noteholders, possess all right, title and interest in all funds on deposit from time to time in the
Class&nbsp;D Cash Collateral Account and in all proceeds thereof, and shall be the only person authorized to originate entitlement orders in respect of the Class&nbsp;D Cash Collateral Account. The Class&nbsp;D Cash Collateral Account shall be under
the sole dominion and control of the Trustee for the benefit of the Class&nbsp;D Noteholders. The Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Agent hereby agrees (i)&nbsp;to act as the securities intermediary (as defined in <FONT
STYLE="white-space:nowrap">Section&nbsp;8-102(a)(14)</FONT> of the New&nbsp;York UCC) with respect to the Class&nbsp;D Cash Collateral Account; (ii)&nbsp;that its jurisdiction as a securities intermediary is New York, (iii)&nbsp;that each item of
property (whether investment property, financial asset, security, instrument or cash) credited to the Class&nbsp;D Cash Collateral Account shall be treated as a financial asset (as defined in
<FONT STYLE="white-space:nowrap">Section&nbsp;8-102(a)(9)</FONT> of the New&nbsp;York UCC) and (iv)&nbsp;to comply with any entitlement order (as defined in <FONT STYLE="white-space:nowrap">Section&nbsp;8-102(a)(8)</FONT> of the New&nbsp;York UCC)
issued by the Trustee. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(c) <U>Class A/B/C Letter of Credit Expiration Date</U>. If prior to the date which is ten (10)&nbsp;days prior to
the <FONT STYLE="white-space:nowrap">then-scheduled</FONT> Class&nbsp;A/B/C Letter of Credit Expiration Date with respect to any Class&nbsp;A/B/C Letter of Credit, excluding the amount available to be drawn under such Class&nbsp;A/B/C Letter of
Credit but taking into account each substitute Class&nbsp;A/B/C Letter of Credit which has been obtained from a Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Eligible Letter of Credit Provider and is in full force and effect on such date,
the Class&nbsp;A/B/C Enhancement Amount would be equal to or more than the Class&nbsp;A/B/C Required Enhancement Amount and the Class&nbsp;A/B/C Liquidity Amount would be equal to or greater than the Class&nbsp;A/B/C Required Liquidity Amount, then
the Administrator shall notify the Trustee in writing no later than two (2)&nbsp;Business Days prior to such Class&nbsp;A/B/C Letter </P>
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of Credit Expiration Date of such determination. If prior to the date which is ten (10)&nbsp;days prior to the <FONT STYLE="white-space:nowrap">then-scheduled</FONT> Class&nbsp;A/B/C Letter of
Credit Expiration Date with respect to any Class&nbsp;A/B/C Letter of Credit, excluding the amount available to be drawn under such Class&nbsp;A/B/C Letter of Credit but taking into account a substitute Class&nbsp;A/B/C Letter of Credit which has
been obtained from a Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Eligible Letter of Credit Provider and is in full force and effect on such date, the Class&nbsp;A/B/C Enhancement Amount would be less than the Class&nbsp;A/B/C Required
Enhancement Amount or the Class&nbsp;A/B/C Liquidity Amount would be less than the Class&nbsp;A/B/C Required Liquidity Amount, then the Administrator shall notify the Trustee in writing no later than two (2)&nbsp;Business Days prior to such
Class&nbsp;A/B/C Letter of Credit Expiration Date of (x)&nbsp;the greater of (A)&nbsp;the excess, if any, of the Class&nbsp;A/B/C Required Enhancement Amount over the Class&nbsp;A/B/C Enhancement Amount, excluding the available amount under such
expiring Class&nbsp;A/B/C Letter of Credit but taking into account any substitute Class&nbsp;A/B/C Letter of Credit which has been obtained from a Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Eligible Letter of Credit Provider and is in
full force and effect, on such date, and (B)&nbsp;the excess, if any, of the Class&nbsp;A/B/C Required Liquidity Amount over the Class&nbsp;A/B/C Liquidity Amount, excluding the available amount under such expiring Class&nbsp;A/B/C Letter of Credit
but taking into account any substitute Class&nbsp;A/B/C Letter of Credit which has been obtained from a Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Eligible Letter of Credit Provider and is in full force and effect, on such date, and
(y)&nbsp;the amount available to be drawn on such expiring Class&nbsp;A/B/C Letter of Credit on such date. Upon receipt of such notice by the Trustee on or prior to 10:00 a.m. (New York City time) on any Business Day, the Trustee shall, by 12:00
noon (New York City time) on such Business Day (or, in the case of any notice given to the Trustee after 10:00 a.m. (New York City time), by 12:00 noon (New York City time) on the next following Business Day), draw the lesser of the amounts set
forth in clauses (x)&nbsp;and (y) above on such expiring Class&nbsp;A/B/C Letter of Credit by presenting a draft accompanied by a Certificate of Termination Demand and shall cause the Termination Disbursement to be deposited in the Class&nbsp;A/B/C
Cash Collateral Account. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">If the Trustee does not receive the notice from the Administrator described in the first paragraph of this
Section&nbsp;2.8(c) on or prior to the date that is two (2)&nbsp;Business Days prior to each Class&nbsp;A/B/C Letter of Credit Expiration Date, the Trustee shall, by 12:00 noon (New York City time) on such Business Day draw the full amount of such
Class&nbsp;A/B/C Letter of Credit by presenting a draft accompanied by a Certificate of Termination Demand and shall cause the Termination Disbursement to be deposited in the Class&nbsp;A/B/C Cash Collateral Account. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(d) <U>Class D Letter of Credit Expiration Date</U>. If prior to the date which is ten (10)&nbsp;days prior to the <FONT
STYLE="white-space:nowrap">then-scheduled</FONT> Class&nbsp;D Letter of Credit Expiration Date with respect to any Class&nbsp;D Letter of Credit, excluding the amount available to be drawn under such Class&nbsp;D Letter of Credit but taking into
account each substitute Class&nbsp;D Letter of Credit which has been obtained from a Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Eligible Letter of Credit Provider and is in full force and effect on such date, the Class&nbsp;D Enhancement
Amount would be equal to or more than the Class&nbsp;D Required Enhancement Amount and the Class&nbsp;D Liquidity Amount would be equal to or greater than the Class&nbsp;D Required Liquidity Amount, then the Administrator shall notify the Trustee in
writing no later than two (2)&nbsp;Business Days prior to such Class&nbsp;D Letter of Credit Expiration Date of such determination. If prior to the date which is ten (10)&nbsp;days prior to the <FONT STYLE="white-space:nowrap">then-scheduled</FONT>
Class&nbsp;D Letter of Credit Expiration Date with respect to any Class&nbsp;D Letter of Credit, excluding the amount available to be drawn under such Class&nbsp;D Letter of Credit but taking into account a substitute Class&nbsp;D Letter of Credit
which has been obtained from a Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Eligible Letter of Credit Provider and is in full force and effect on such date, the Class&nbsp;D Enhancement Amount would be less than
</P>
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the Class&nbsp;D Required Enhancement Amount or the Class&nbsp;D Liquidity Amount would be less than the Class&nbsp;D Required Liquidity Amount, then the Administrator shall notify the Trustee in
writing no later than two (2)&nbsp;Business Days prior to such Class&nbsp;D Letter of Credit Expiration Date of (x)&nbsp;the greater of (A)&nbsp;the excess, if any, of the Class&nbsp;D Required Enhancement Amount over the Class&nbsp;D Enhancement
Amount, excluding the available amount under such expiring Class&nbsp;D Letter of Credit but taking into account any substitute Class&nbsp;D Letter of Credit which has been obtained from a Series <FONT STYLE="white-space:nowrap">2020-1</FONT>
Eligible Letter of Credit Provider and is in full force and effect, on such date, and (B)&nbsp;the excess, if any, of the Class&nbsp;D Required Liquidity Amount over the Class&nbsp;D Liquidity Amount, excluding the available amount under such
expiring Class&nbsp;D Letter of Credit but taking into account any substitute Class&nbsp;D Letter of Credit which has been obtained from a Series 2020-1 Eligible Letter of Credit Provider and is in full force and effect, on such date, and
(y)&nbsp;the amount available to be drawn on such expiring Class&nbsp;D Letter of Credit on such date. Upon receipt of such notice by the Trustee on or prior to 10:00 a.m. (New York City time) on any Business Day, the Trustee shall, by 12:00 noon
(New York City time) on such Business Day (or, in the case of any notice given to the Trustee after 10:00 a.m. (New York City time), by 12:00 noon (New York City time) on the next following Business Day), draw the lesser of the amounts set forth in
clauses (x)&nbsp;and (y) above on such expiring Class&nbsp;D Letter of Credit by presenting a draft accompanied by a Certificate of Termination Demand and shall cause the Termination Disbursement to be deposited in the Class&nbsp;D Cash Collateral
Account. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">If the Trustee does not receive the notice from the Administrator described in the first paragraph of this Section&nbsp;2.8(d)
on or prior to the date that is two (2)&nbsp;Business Days prior to each Class&nbsp;D Letter of Credit Expiration Date, the Trustee shall, by 12:00 noon (New York City time) on such Business Day draw the full amount of such Class&nbsp;D Letter of
Credit by presenting a draft accompanied by a Certificate of Termination Demand and shall cause the Termination Disbursement to be deposited in the Class&nbsp;D Cash Collateral Account. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(e) <U>Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Letter of Credit Providers</U>. The Administrator shall notify the Trustee in
writing within one (1)&nbsp;Business Day of becoming aware that (i)&nbsp;the <FONT STYLE="white-space:nowrap">long-term</FONT> senior unsecured debt credit rating of any Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Letter of Credit Provider
has fallen below &#147;A (high)&#148; as determined by DBRS or &#147;A1&#148; as determined by Moody&#146;s or &#147;A+&#148; as determined by Fitch or (ii)&nbsp;the <FONT STYLE="white-space:nowrap">short-term</FONT> senior unsecured debt credit
rating of any Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Letter of Credit Provider has fallen below <FONT STYLE="white-space:nowrap">&#147;R-1&#148;</FONT> as determined by DBRS or <FONT STYLE="white-space:nowrap">&#147;P-1&#148;</FONT>
as determined by Moody&#146;s or &#147;F1&#148; as determined by Fitch. At such time the Administrator shall also notify the Trustee of (I)(i) if such Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Letter of Credit Provider has issued a
Class&nbsp;A/B/C Letter of Credit, the greater of (A)&nbsp;the excess, if any, of the Class&nbsp;A/B/C Required Enhancement Amount over the Class&nbsp;A/B/C Enhancement Amount, excluding the available amount under the Class&nbsp;A/B/C Letter of
Credit issued by such Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Letter of Credit Provider, on such date, and (B)&nbsp;the excess, if any, of the Class&nbsp;A/B/C Required Liquidity Amount over the Class&nbsp;A/B/C Liquidity Amount,
excluding the available amount under such Class&nbsp;A/B/C Letter of Credit, on such date, and (ii)&nbsp;the amount available to be drawn on such Class&nbsp;A/B/C Letter of Credit on such date and/or (II)(i) if such Series <FONT
STYLE="white-space:nowrap">2020-1</FONT> Letter of Credit Provider has issued a Class&nbsp;D Letter of Credit, the greater of (A)&nbsp;the excess, if any, of the Class&nbsp;D Required Enhancement Amount over the Class&nbsp;D Enhancement Amount,
excluding the available amount under such Class&nbsp;D Letter of Credit issued by such Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Letter of Credit Provider, on such date, and (B)&nbsp;the excess, if any, of the Class&nbsp;D Required
Liquidity Amount over the Class&nbsp;D Liquidity Amount, excluding the available amount under such Class&nbsp;D Letter of Credit, on such date, and (ii)&nbsp;the amount available to be drawn </P>
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on such Class&nbsp;D Letter of Credit on such date. Upon receipt of such notice by the Trustee on or prior to 10:00 a.m. (New York City time) on any Business Day, the Trustee shall, by 12:00 noon
(New York City time) on such Business Day (or, in the case of any notice given to the Trustee after 10:00 a.m. (New York City time), by 12:00 noon (New York City time) on the next following Business Day), draw on each such Class&nbsp;A/B/C Letter of
Credit in an amount equal to the lesser of the amounts in clause (I)(i) and clause (I)&nbsp;of the immediately preceding sentence and to draw on each such Class&nbsp;D Letter of Credit in an amount equal to the lesser of the amounts in clause
(II)(ii) and clause (II)(ii) of the immediately preceding sentence, in each case, on such Business Day by presenting a draft accompanied by a Certificate of Termination Demand and shall cause the Termination Disbursement with respect to the
Class&nbsp;A/B/C Letter of Credit to be deposited in the Class&nbsp;A/B/C Cash Collateral Account and the Termination Disbursement with respect to the Class&nbsp;D Letter of Credit to be deposited in the Class&nbsp;D Cash Collateral Account. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(f) <U>Termination Date Demands on the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Letters of Credit</U>. Prior to 10:00 a.m. (New
York City time) on the Business Day immediately succeeding the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Letter of Credit Termination Date, the Administrator shall determine the Series <FONT STYLE="white-space:nowrap">2020-1</FONT>
Demand Note Payment Amount, if any, as of the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Letter of Credit Termination Date and, if the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Demand Note Payment Amount is greater than zero,
instruct the Trustee in writing to draw on the Class&nbsp;A/B/C Letters of Credit and/or the Class&nbsp;D Letters of Credit, as described herein. Upon receipt of any such notice by the Trustee on or prior to 11:00 a.m. (New York City time) on a
Business Day, the Trustee shall, by 12:00 noon (New York City time) on such Business Day draw an amount (I)&nbsp;on each such Class&nbsp;A/B/C Letter of Credit equal to the lesser of (i)&nbsp;the Series <FONT STYLE="white-space:nowrap">2020-1</FONT>
Demand Note Payment Amount and (ii)&nbsp;the Class&nbsp;A/B/C Letter of Credit Liquidity Amount on the Class&nbsp;A/B/C Letters of Credit by presenting to each relevant Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Letter of Credit Provider
a draft for each such Class&nbsp;A/B/C Letter of Credit accompanied by a Certificate of Termination Date Demand and shall cause the Termination Date Disbursement on a Class&nbsp;A/B/C Letter of Credit to be deposited in the Class&nbsp;A/B/C Cash
Collateral Account; <U>provided</U>, <U>however</U>, that if the Class&nbsp;A/B/C Cash Collateral Account has been established and funded, the Trustee shall draw an amount equal to the product of (a)&nbsp;100% <U>minus</U> the Class&nbsp;A/B/C Cash
Collateral Percentage and (b)&nbsp;the lesser of the amounts referred to in clause (i)&nbsp;and (ii) on such Business Day on the Class&nbsp;A/B/C Letters of Credit, as calculated by the Administrator and provided in writing to the Trustee and
(II)&nbsp;on each such Class&nbsp;D Letter of Credit equal to the lesser of (i)&nbsp;the excess of (x)&nbsp;the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Demand Note Payment Amount over (y)&nbsp;the amounts drawn on the Class&nbsp;A/B/C
Letter of Credit pursuant to this Section&nbsp;2.8(f) and (ii)&nbsp;the Class&nbsp;D Letter of Credit Liquidity Amount on the Class&nbsp;D Letters of Credit by presenting to each relevant Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Letter
of Credit Provider a draft for each such Class&nbsp;D Letter of Credit accompanied by a Certificate of Termination Date Demand and shall cause the Termination Date Disbursement on a Class&nbsp;D Letter of Credit to be deposited in the Class&nbsp;D
Cash Collateral Account; <U>provided</U>, <U>however</U>, that if the Class&nbsp;D Cash Collateral Account has been established and funded, the Trustee shall draw an amount equal to the product of (a)&nbsp;100% <U>minus</U> the Class&nbsp;D Cash
Collateral Percentage and (b)&nbsp;the lesser of the amounts referred to in clause (i)&nbsp;and (ii) on such Business Day on the Class&nbsp;D Letters of Credit, as calculated by the Administrator and provided in writing to the Trustee. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(g) <U>Draws on the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Letters of Credit</U>. If there is more than one Class&nbsp;A/B/C
Letter of Credit on the date of any draw on the Class&nbsp;A/B/C Letters of Credit pursuant to the terms of this Supplement, the Administrator shall instruct the Trustee, in writing, to draw on </P>
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each Class&nbsp;A/B/C Letter of Credit in an amount equal to the Class&nbsp;A/B/C Pro Rata Share of the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Letter of Credit Provider issuing
such Class&nbsp;A/B/C Letter of Credit of the amount of such draw on the Class&nbsp;A/B/C Letters of Credit. If there is more than one Class&nbsp;D Letter of Credit on the date of any draw on the Class&nbsp;D Letters of Credit pursuant to the terms
of this Supplement, the Administrator shall instruct the Trustee, in writing, to draw on each Class&nbsp;D Letter of Credit in an amount equal to the Class&nbsp;D Pro Rata Share of the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Letter of
Credit Provider issuing such Class&nbsp;D Letter of Credit of the amount of such draw on the Class&nbsp;D Letters of Credit. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(h)
<U>Establishment of Class</U><U></U><U>&nbsp;A/B/C Cash Collateral Account</U>. On or prior to the date of any drawing under a Class&nbsp;A/B/C Letter of Credit pursuant to Section&nbsp;2.8(c), (e) or (f)&nbsp;above, ABRCF shall establish and
maintain in the name of the Trustee for the benefit of the Class&nbsp;A Noteholders, the Class&nbsp;B Noteholders and the Class&nbsp;C Noteholders, or cause to be established and maintained, an account (the &#147;<U>Class</U><U></U><U>&nbsp;A/B/C
Cash Collateral Account</U>&#148;), bearing a designation clearly indicating that the funds deposited therein are held for the benefit of the Class&nbsp;A Noteholders, the Class&nbsp;B Noteholders and the Class&nbsp;C Noteholders. The
Class&nbsp;A/B/C Cash Collateral Account shall be maintained (i)&nbsp;with a Qualified Institution, or (ii)&nbsp;as a segregated trust account with the corporate trust department of a depository institution or trust company having corporate trust
powers and acting as trustee for funds deposited in the Class&nbsp;A/B/C Cash Collateral Account; <U>provided</U>, <U>however</U>, that if at any time such Qualified Institution is no longer a Qualified Institution or the credit rating of any
securities issued by such depository institution or trust company shall be reduced to below &#147;BBB (low)&#148; by DBRS, &#147;Baa3&#148; by Moody&#146;s or <FONT STYLE="white-space:nowrap">&#147;BBB-&#148;</FONT> by Fitch, then ABRCF shall,
within thirty (30)&nbsp;days of such reduction, establish a new Class&nbsp;A/B/C Cash Collateral Account with a new Qualified Institution or a new segregated trust account with the corporate trust department of a depository institution or trust
company having corporate trust powers and acting as trustee for funds deposited in the Class&nbsp;A/B/C Cash Collateral Account. If a new Class&nbsp;A/B/C Cash Collateral Account is established, ABRCF shall instruct the Trustee in writing to
transfer all cash and investments from the <FONT STYLE="white-space:nowrap">non-qualifying</FONT> Class&nbsp;A/B/C Cash Collateral Account into the new Class&nbsp;A/B/C Cash Collateral Account. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(i) <U>Administration of the Class</U><U></U><U>&nbsp;A/B/C Cash Collateral Account</U>. ABRCF may instruct (by standing instructions or
otherwise) the institution maintaining the Class&nbsp;A/B/C Cash Collateral Account to invest funds on deposit in the Class&nbsp;A/B/C Cash Collateral Account from time to time in Permitted Investments; <U>provided</U>, <U>however</U>, that any such
investment shall mature not later than the Business Day prior to the Distribution Date following the date on which such funds were received, unless any Permitted Investment held in the Class&nbsp;A/B/C Cash Collateral Account is held with the Paying
Agent, in which case such investment may mature on such Distribution Date so long as such funds shall be available for withdrawal on or prior to such Distribution Date; <U>provided</U> <U>further</U>, that in the case of Permitted Investments held
in the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Cash Collateral Account and so long as any Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Note is rated by Fitch (x)&nbsp;any Permitted Investment set forth in clauses (ii), (iii),
(vi) and (vii)&nbsp;of the definition thereof will have a rating of <FONT STYLE="white-space:nowrap">&#147;AA-&#148;</FONT> or &#147;F1+&#148; by Fitch and (y)&nbsp;any Permitted Investment set forth in clause (v)&nbsp;of the definition thereof will
either have a rating of &#147;AAAmmf&#148; by Fitch or, if such fund is not rated by Fitch, the then highest rating from two nationally recognized investment rating agencies (other than Fitch). All such Permitted Investments will be credited to the
Class&nbsp;A/B/C Cash Collateral Account and any such Permitted Investments that constitute (i)&nbsp;physical property (and that is not either a United States security entitlement or a security entitlement) shall be physically delivered
</P>
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to the Trustee; (ii)&nbsp;United States security entitlements or security entitlements shall be controlled (as defined in <FONT STYLE="white-space:nowrap">Section&nbsp;8-106</FONT> of the New
York UCC) by the Trustee pending maturity or disposition, and (iii)&nbsp;uncertificated securities (and not United States security entitlements) shall be delivered to the Trustee by causing the Trustee to become the registered holder of such
securities. The Trustee shall, at the expense of ABRCF, take such action as is required to maintain the Trustee&#146;s security interest in the Permitted Investments credited to the Class&nbsp;A/B/C Cash Collateral Account. ABRCF shall not direct
the Trustee to dispose of (or permit the disposal of) any Permitted Investments prior to the maturity thereof to the extent such disposal would result in a loss of the purchase price of such Permitted Investments. In the absence of written
investment instructions hereunder, funds on deposit in the Class&nbsp;A/B/C Cash Collateral Account shall remain uninvested. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(j)
<U>Establishment of Class</U><U></U><U>&nbsp;D Cash Collateral Account</U>. On or prior to the date of any drawing under a Class&nbsp;D Letter of Credit pursuant to Section&nbsp;2.8(d), (e) or (f)&nbsp;above, ABRCF shall establish and maintain in
the name of the Trustee for the benefit of the Class&nbsp;D Noteholders, or cause to be established and maintained, an account (the &#147;<U>Class</U><U></U><U>&nbsp;D Cash Collateral Account</U>&#148;), bearing a designation clearly indicating that
the funds deposited therein are held for the benefit of the Class&nbsp;D Noteholders. The Class&nbsp;D Cash Collateral Account shall be maintained (i)&nbsp;with a Qualified Institution, or (ii)&nbsp;as a segregated trust account with the corporate
trust department of a depository institution or trust company having corporate trust powers and acting as trustee for funds deposited in the Class&nbsp;D Cash Collateral Account; <U>provided</U>, <U>however</U>, that if at any time such Qualified
Institution is no longer a Qualified Institution or the credit rating of any securities issued by such depository institution or trust company shall be reduced to below &#147;BBB (low)&#148; by DBRS or &#147;Baa3&#148; by Moody&#146;s, then ABRCF
shall, within thirty (30)&nbsp;days of such reduction, establish a new Class&nbsp;D Cash Collateral Account with a new Qualified Institution or a new segregated trust account with the corporate trust department of a depository institution or trust
company having corporate trust powers and acting as trustee for funds deposited in the Class&nbsp;D Cash Collateral Account. If a new Class&nbsp;D Cash Collateral Account is established, ABRCF shall instruct the Trustee in writing to transfer all
cash and investments from the <FONT STYLE="white-space:nowrap">non-qualifying</FONT> Class&nbsp;D Cash Collateral Account into the new Class&nbsp;D Cash Collateral Account. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(k) <U>Administration of the Class</U><U></U><U>&nbsp;D Cash Collateral Account</U>. ABRCF may instruct (by standing instructions or
otherwise) the institution maintaining the Class&nbsp;D Cash Collateral Account to invest funds on deposit in the Class&nbsp;D Cash Collateral Account from time to time in Permitted Investments; <U>provided</U>, <U>however</U>, that any such
investment shall mature not later than the Business Day prior to the Distribution Date following the date on which such funds were received, unless any Permitted Investment held in the Class&nbsp;D Cash Collateral Account is held with the Paying
Agent, in which case such investment may mature on such Distribution Date so long as such funds shall be available for withdrawal on or prior to such Distribution Date. All such Permitted Investments will be credited to the Class&nbsp;D Cash
Collateral Account and any such Permitted Investments that constitute (i)&nbsp;physical property (and that is not either a United States security entitlement or a security entitlement) shall be physically delivered to the Trustee; (ii)&nbsp;United
States security entitlements or security entitlements shall be controlled (as defined in <FONT STYLE="white-space:nowrap">Section&nbsp;8-106</FONT> of the New York UCC) by the Trustee pending maturity or disposition, and (iii)&nbsp;uncertificated
securities (and not United States security entitlements) shall be delivered to the Trustee by causing the Trustee to become the registered holder of such securities. The Trustee shall, at the expense of ABRCF, take such action as is required to
maintain the Trustee&#146;s security interest in the Permitted Investments credited to the Class&nbsp;D Cash Collateral Account. ABRCF </P>
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shall not direct the Trustee to dispose of (or permit the disposal of) any Permitted Investments prior to the maturity thereof to the extent such disposal would result in a loss of the purchase
price of such Permitted Investments. In the absence of written investment instructions hereunder, funds on deposit in the Class&nbsp;D Cash Collateral Account shall remain uninvested. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(l) <U>Earnings from Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Cash Collateral Accounts</U>. All interest and earnings (net of
losses and investment expenses) paid on funds on deposit in the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Cash Collateral Accounts shall be deemed to be on deposit therein and available for distribution. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(m) <U>Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Cash Collateral Account Surplus</U>. In the event that the Class&nbsp;A/B/C Cash
Collateral Account Surplus on any Distribution Date (or, after the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Letter of Credit Termination Date, on any date) is greater than zero, the Trustee, acting in accordance with the written
instructions of the Administrator, shall withdraw from the Class&nbsp;A/B/C Cash Collateral Account an amount equal to the Class&nbsp;A/B/C Cash Collateral Account Surplus and shall pay such amount: <U>first</U>, to the Series <FONT
STYLE="white-space:nowrap">2020-1</FONT> Letter of Credit Providers to the extent of any unreimbursed drawings with respect to any Class&nbsp;A/B/C Letters of Credit under the related Series <FONT STYLE="white-space:nowrap">2020-1</FONT>
Reimbursement Agreement, for application in accordance with the provisions of the related Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Reimbursement Agreement, and, <U>second</U>, to ABRCF any remaining amount. In the event that the
Class&nbsp;D Cash Collateral Account Surplus on any Distribution Date (or, after the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Letter of Credit Termination Date, on any date) is greater than zero, the Trustee, acting in accordance with
the written instructions of the Administrator, shall withdraw from the Class&nbsp;D Cash Collateral Account an amount equal to the Class&nbsp;D Cash Collateral Account Surplus and shall pay such amount: <U>first</U>, to the Series <FONT
STYLE="white-space:nowrap">2020-1</FONT> Letter of Credit Providers to the extent of any unreimbursed drawings with respect to any Class&nbsp;D Letters of Credit under the related Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Reimbursement
Agreement, for application in accordance with the provisions of the related Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Reimbursement Agreement, and, <U>second</U>, to ABRCF any remaining amount. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(n) <U>Termination of Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Cash Collateral Account</U>. Upon the termination of this
Supplement in accordance with its terms, the Trustee, acting in accordance with the written instructions of the Administrator, after the prior payment of all amounts owing to the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Noteholders and
payable from any Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Cash Collateral Account as provided herein, shall (i)&nbsp;withdraw from the Class&nbsp;A/B/C Cash Collateral Account all amounts on deposit therein (to the extent not withdrawn
pursuant to Section&nbsp;2.8(m) above) and shall pay such amounts: <U>first</U>, to the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Letter of Credit Providers to the extent of any unreimbursed drawings with respect to any Class&nbsp;A/B/C
Letters of Credit under the related Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Reimbursement Agreement, for application in accordance with the provisions of the related Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Reimbursement
Agreement, and, <U>second</U>, to ABRCF any remaining amount and (ii)&nbsp;withdraw from the Class&nbsp;D Cash Collateral Account all amounts on deposit therein (to the extent not withdrawn pursuant to Section&nbsp;2.8(m) above) and shall pay such
amounts: <U>first</U>, to the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Letter of Credit Providers to the extent of any unreimbursed drawings with respect to any Class&nbsp;D Letters of Credit under the related Series <FONT
STYLE="white-space:nowrap">2020-1</FONT> Reimbursement Agreement, for application in accordance with the provisions of the related Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Reimbursement Agreement, and, <U>second</U>, to ABRCF any
remaining amount. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;2.9. <U>Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Distribution Account</U>.
(a)&nbsp;<U>Establishment of Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Distribution Account</U>. ABRCF has established and shall maintain in the name of the Trustee for the benefit of the Series
<FONT STYLE="white-space:nowrap">2020-1</FONT> Noteholders, or cause to be established and maintained, </P>
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an account (the &#147;<U>Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Distribution Account</U>&#148;), bearing a designation clearly indicating that the funds deposited therein are held
for the benefit of the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Noteholders. The Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Distribution Account shall be maintained (i)&nbsp;with a Qualified Institution, or (ii)&nbsp;as a
segregated trust account with the corporate trust department of a depository institution or trust company having corporate trust powers and acting as trustee for funds deposited in the Series <FONT STYLE="white-space:nowrap">2020-1</FONT>
Distribution Account; <U>provided</U>, <U>however</U>, that if at any time such Qualified Institution is no longer a Qualified Institution or the credit rating of any securities issued by such depositary institution or trust company shall be reduced
to below &#147;BBB (low)&#148; by DBRS or &#147;Baa3&#148; by Moody&#146;s, then ABRCF shall, within thirty (30)&nbsp;days of such reduction, establish a new Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Distribution Account with a new
Qualified Institution. If the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Distribution Account is not maintained in accordance with the previous sentence, ABRCF shall establish a new Series <FONT STYLE="white-space:nowrap">2020-1</FONT>
Distribution Account, within ten (10)&nbsp;Business Days after obtaining knowledge of such fact, which complies with such sentence, and shall instruct the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Agent in writing to transfer all cash
and investments from the <FONT STYLE="white-space:nowrap">non-qualifying</FONT> Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Distribution Account into the new Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Distribution Account. The
Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Distribution Account has initially been established with The Bank of New York Mellon Trust Company, N.A. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(b) <U>Administration of the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Distribution Account</U>. The Administrator may instruct
the institution maintaining the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Distribution Account to invest funds on deposit in the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Distribution Account from time to time in Permitted
Investments; <U>provided</U>, <U>however</U>, that any such investment shall mature not later than the Business Day prior to the Distribution Date following the date on which such funds were received, unless any Permitted Investment held in the
Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Distribution Account is held with the Paying Agent, then such investment may mature on such Distribution Date and such funds shall be available for withdrawal on or prior to such Distribution
Date. All such Permitted Investments will be credited to the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Distribution Account and any such Permitted Investments that constitute (i)&nbsp;physical property (and that is not either a United
States security entitlement or a security entitlement) shall be physically delivered to the Trustee; (ii)&nbsp;United States security entitlements or security entitlements shall be controlled (as defined in
<FONT STYLE="white-space:nowrap">Section&nbsp;8-106</FONT> of the New&nbsp;York UCC) by the Trustee pending maturity or disposition, and (iii)&nbsp;uncertificated securities (and not United States security entitlements) shall be delivered to the
Trustee by causing the Trustee to become the registered holder of such securities. The Trustee shall, at the expense of ABRCF, take such action as is required to maintain the Trustee&#146;s security interest in the Permitted Investments credited to
the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Distribution Account. ABRCF shall not direct the Trustee to dispose of (or permit the disposal of) any Permitted Investment prior to the maturity thereof to the extent such disposal would
result in a loss of the purchase price of such Permitted Investment. In the absence of written investment instructions hereunder, funds on deposit in the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Distribution Account shall remain
uninvested. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(c) <U>Earnings from Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Distribution Account</U>. All interest and
earnings (net of losses and investment expenses) paid on funds on deposit in the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Distribution Account shall be deemed to be on deposit and available for distribution. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(d) <U>Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Distribution Account Constitutes Additional Collateral for Series <FONT
STYLE="white-space:nowrap">2020-1</FONT> Notes</U>. In order to secure and provide for the repayment and payment of the ABRCF Obligations with respect to the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Notes, ABRCF hereby grants a security
interest in and assigns, pledges, grants, transfers and sets over to the Trustee, for the benefit of the </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">67 </P>

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Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Noteholders, all of ABRCF&#146;s right, title and interest in and to the following (whether now or hereafter existing or acquired): (i) the
Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Distribution Account, including any security entitlement thereto; (ii)&nbsp;all funds on deposit therein from time to time; (iii)&nbsp;all certificates and instruments, if any, representing or
evidencing any or all of the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Distribution Account or the funds on deposit therein from time to time; (iv)&nbsp;all investments made at any time and from time to time with monies in the Series <FONT
STYLE="white-space:nowrap">2020-1</FONT> Distribution Account, whether constituting securities, instruments, general intangibles, investment property, financial assets or other property; (v)&nbsp;all interest, dividends, cash, instruments and other
property from time to time received, receivable or otherwise distributed in respect of or in exchange for the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Distribution Account, the funds on deposit therein from time to time or the
investments made with such funds; and (vi)&nbsp;all proceeds of any and all of the foregoing, including, without limitation, cash (the items in the foregoing clauses (i)&nbsp;through (vi) are referred to, collectively, as the &#147;<U>Series <FONT
STYLE="white-space:nowrap">2020-1</FONT> Distribution Account Collateral</U>&#148;). The Trustee shall possess all right, title and interest in all funds on deposit from time to time in the Series <FONT STYLE="white-space:nowrap">2020-1</FONT>
Distribution Account and in and to all proceeds thereof, and shall be the only person authorized to originate entitlement orders in respect of the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Distribution Account. The Series <FONT
STYLE="white-space:nowrap">2020-1</FONT> Distribution Account Collateral shall be under the sole dominion and control of the Trustee for the benefit of the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Noteholders. The Series <FONT
STYLE="white-space:nowrap">2020-1</FONT> Agent hereby agrees (i)&nbsp;to act as the securities intermediary (as defined in <FONT STYLE="white-space:nowrap">Section&nbsp;8-102(a)(14)</FONT> of the New&nbsp;York UCC) with respect to the Series <FONT
STYLE="white-space:nowrap">2020-1</FONT> Distribution Account; (ii)&nbsp;that its jurisdiction as securities intermediary is New York, (iii)&nbsp;that each item of property (whether investment property, financial asset, security, instrument or cash)
credited to the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Distribution Account shall be treated as a financial asset (as defined in <FONT STYLE="white-space:nowrap">Section&nbsp;8-102(a)(9)</FONT> of the New&nbsp;York UCC) and
(iv)&nbsp;to comply with any entitlement order (as defined in <FONT STYLE="white-space:nowrap">Section&nbsp;8-102(a)(8)</FONT> of the New&nbsp;York UCC) issued by the Trustee. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;2.10. <U>Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Accounts Permitted Investments</U>. ABRCF shall not, and shall not
permit, funds on deposit in the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Accounts to be invested in: </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:9%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(i)
Permitted Investments that do not mature at least one (1)&nbsp;Business Day before the next Distribution Date; </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:9%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(ii) demand
deposits, time deposits or certificates of deposit with a maturity in excess of 360 days; </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:9%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(iii) commercial paper which is
not rated <FONT STYLE="white-space:nowrap">&#147;P-1&#148;</FONT> by Moody&#146;s; </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:9%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(iv) money market funds or eurodollar
time deposits which are not rated at least <FONT STYLE="white-space:nowrap">&#147;P-1&#148;</FONT> by Moody&#146;s; </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:9%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(v)
eurodollar deposits that are not rated <FONT STYLE="white-space:nowrap">&#147;P-1&#148;</FONT> by Moody&#146;s or that are with financial institutions not organized under the laws of a <FONT STYLE="white-space:nowrap">G-7</FONT> nation; or </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:9%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(vi) any investment, instrument or security not otherwise listed in clause (i)&nbsp;through (vi)&nbsp;of the definition of
&#147;Permitted Investments&#148; in the Base Indenture. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;2.11. <U>Series <FONT STYLE="white-space:nowrap">2020-1</FONT>
Demand Notes Constitute Additional Collateral for Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Senior Notes</U>. In order to secure and provide for the repayment and payment of the </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">68 </P>

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ABRCF Obligations with respect to the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Senior Notes, ABRCF hereby grants a security interest in and assigns, pledges, grants, transfers and
sets over to the Trustee, for the benefit of the Class&nbsp;A Noteholders, the Class&nbsp;B Noteholders, the Class&nbsp;C Noteholders and the Class&nbsp;D Noteholders, all of ABRCF&#146;s right, title and interest in and to the following (whether
now or hereafter existing or acquired): (i)&nbsp;the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Demand Notes; (ii)&nbsp;all certificates and instruments, if any, representing or evidencing the Series
<FONT STYLE="white-space:nowrap">2020-1</FONT> Demand Notes; and (iii)&nbsp;all proceeds of any and all of the foregoing, including, without limitation, cash. On the date hereof, ABRCF shall deliver to the Trustee, for the benefit of the
Class&nbsp;A Noteholders, the Class&nbsp;B Noteholders, the Class&nbsp;C Noteholders and the Class&nbsp;D Noteholders, each Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Demand Note, endorsed in blank. The Trustee, for the benefit of the
Class&nbsp;A Noteholders, the Class&nbsp;B Noteholders, the Class&nbsp;C Noteholders and the Class&nbsp;D Noteholders, shall be the only Person authorized to make a demand for payments on the Series <FONT STYLE="white-space:nowrap">2020-1</FONT>
Demand Notes. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;2.12. <U>Subordination of the Class</U><U></U><U>&nbsp;B Notes, Class</U><U></U><U>&nbsp;C Notes,
Class</U><U></U><U>&nbsp;D Notes</U><U> and the Class</U><U></U><U>&nbsp;R Notes</U>. (a)&nbsp;Notwithstanding anything to the contrary contained in this Supplement, the Base Indenture or in any other Related Document, the Class&nbsp;B Notes will be
subordinate in all respects to the Class&nbsp;A Notes as and to the extent set forth in this Section&nbsp;2.12(a). No payments on account of principal shall be made with respect to the Class&nbsp;B Notes on any Distribution Date during the Series <FONT
STYLE="white-space:nowrap">2020-1</FONT> Controlled Amortization Period unless an amount equal to the Class&nbsp;A Controlled Distribution Amount for the Related Month shall have been paid to the Class&nbsp;A Noteholders and no payments on account
of principal shall be made with respect to the Class&nbsp;B Notes during the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Rapid Amortization Period or on the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Final Distribution Date
until the Class&nbsp;A Notes have been paid in full. No payments on account of interest shall be made with respect to the Class&nbsp;B Notes on any Distribution Date until all payments of interest then due and payable with respect to the
Class&nbsp;A Notes (including, without limitation, all accrued interest, all Class&nbsp;A Shortfall and all interest accrued on such Class&nbsp;A Shortfall) have been paid in full. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(b) Notwithstanding anything to the contrary contained in this Supplement, the Base Indenture or in any other Related Document, the
Class&nbsp;C Notes will be subordinate in all respects to the Class&nbsp;A Notes and the Class&nbsp;B Notes as and to the extent set forth in this Section&nbsp;2.12(b). No payments on account of principal shall be made with respect to the
Class&nbsp;C Notes on any Distribution Date during the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Controlled Amortization Period unless an amount equal to the Class&nbsp;A Controlled Distribution Amount for the Related Month shall have
been paid to the Class&nbsp;A Noteholders and an amount equal to the Class&nbsp;B Controlled Distribution Amount for the Related Month shall have been paid to the Class&nbsp;B Noteholders. No payments on account of principal shall be made with
respect to the Class&nbsp;C Notes during the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Rapid Amortization Period or on the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Final Distribution Date until the Class&nbsp;A Notes and the
Class&nbsp;B Notes have been paid in full. No payments on account of interest shall be made with respect to the Class&nbsp;C Notes on any Distribution Date until all payments of interest then due and payable with respect to the Class&nbsp;A Notes
and Class&nbsp;B Notes (including, without limitation, all accrued interest, all Class&nbsp;A Shortfall, all interest accrued on such Class&nbsp;A Shortfall, all Class&nbsp;B Shortfall and all interest accrued on such Class&nbsp;B Shortfall) have
been paid in full. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(c) Notwithstanding anything to the contrary contained in this Supplement, the Base Indenture or in any other Related
Document, the Class&nbsp;D Notes will be subordinate in all respects to the Class&nbsp;A Notes, the Class&nbsp;B Notes and the Class&nbsp;C Notes as and to the extent set </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">69 </P>

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forth in this Section&nbsp;2.12(c). No payments on account of principal shall be made with respect to the Class&nbsp;D Notes on any Distribution Date during the Series <FONT
STYLE="white-space:nowrap">2020-1</FONT> Controlled Amortization Period unless an amount equal to the Class&nbsp;A Controlled Distribution Amount for the Related Month shall have been paid to the Class&nbsp;A Noteholders, an amount equal to the
Class&nbsp;B Controlled Distribution Amount for the Related Month shall have been paid to the Class&nbsp;B Noteholders and an amount equal to the Class&nbsp;C Controlled Distribution Amount for the Related Month shall have been paid to the
Class&nbsp;C Noteholders. No payments on account of principal shall be made with respect to the Class&nbsp;D Notes during the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Rapid Amortization Period or on the Series <FONT
STYLE="white-space:nowrap">2020-1</FONT> Final Distribution Date until the Class&nbsp;A Notes, the Class&nbsp;B Notes and the Class&nbsp;C Notes have been paid in full. No payments on account of interest shall be made with respect to the
Class&nbsp;D Notes on any Distribution Date until all payments of interest then due and payable with respect to the Class&nbsp;A Notes, Class&nbsp;B Notes and Class&nbsp;C Notes (including, without limitation, all accrued interest, all Class&nbsp;A
Shortfall, all interest accrued on such Class&nbsp;A Shortfall, all Class&nbsp;B Shortfall, all interest accrued on such Class&nbsp;B Shortfall, all Class&nbsp;C Shortfall and all interest accrued on such Class&nbsp;C Shortfall) have been paid in
full. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(d) Notwithstanding anything to the contrary contained in this Supplement, the Base Indenture or in any other Related Document, the
Class&nbsp;R Notes will be subordinate in all respects to the Class&nbsp;A Notes, the Class&nbsp;B Notes, the Class&nbsp;C Notes and the Class&nbsp;D Notes, as and to the extent set forth in this Section&nbsp;2.12(d). No payments on account of
principal shall be made with respect to the Class&nbsp;R Notes during the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Controlled Amortization Period or the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Rapid Amortization Period or
on the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Final Distribution Date until the Class&nbsp;A Notes, the Class&nbsp;B Notes, the Class&nbsp;C Notes and the Class&nbsp;D Notes have been paid in full. No payments on account of interest
shall be made with respect to the Class&nbsp;R Notes on any Distribution Date until all payments of interest and principal due and payable on such Distribution Date with respect to the Class&nbsp;A Notes, the Class&nbsp;B Notes, the Class&nbsp;C
Notes and the Class&nbsp;D Notes (including, without limitation, all accrued interest, all Class&nbsp;A Shortfall, all interest accrued on such Class&nbsp;A Shortfall, all Class&nbsp;B Shortfall, all interest accrued on such Class&nbsp;B Shortfall,
all Class&nbsp;C Shortfall, all interest accrued on such Class&nbsp;C Shortfall, all due and unpaid interest on the Class&nbsp;D Notes and all interest accrued on such unpaid amounts) have been paid in full. </P>
<P STYLE="margin-top:24pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>ARTICLE III </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>AMORTIZATION EVENTS </B></P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">In
addition to the Amortization Events set forth in Section&nbsp;9.1 of the Base Indenture, any of the following shall be an Amortization Event with respect to the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Notes and collectively shall
constitute the Amortization Events set forth in Section&nbsp;9.1(n) of the Base Indenture with respect to the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Notes (without notice or other action on the part of the Trustee or any holders of
the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Notes): </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(a) a Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Enhancement
Deficiency shall occur and continue for at least two (2)&nbsp;Business Days; <U>provided</U>, <U>however</U>, that such event or condition shall not be an Amortization Event if during such two (2)&nbsp;Business Day period such Series <FONT
STYLE="white-space:nowrap">2020-1</FONT> Enhancement Deficiency shall have been cured in accordance with the terms and conditions of the Indenture and the Related Documents; </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">70 </P>

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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(b) either (i)&nbsp;the Class&nbsp;A/B/C Liquidity Amount shall be less than the
Class&nbsp;A/B/C Required Liquidity Amount for at least two Business Days or (ii)&nbsp;the Class&nbsp;D Liquidity Amount shall be less than the Class&nbsp;D Required Liquidity Amount for at least two Business Days; <U>provided</U>, <U>however</U>,
that, in either case, such event or condition shall not be an Amortization Event if during such two Business Day period such insufficiency shall have been cured in accordance with the terms and conditions of the Indenture and the Related Documents;
</P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(c) the Collection Account, the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Collection Account, the Series <FONT
STYLE="white-space:nowrap">2020-1</FONT> Excess Collection Account, the Class&nbsp;A/B/C Reserve Account or the Class&nbsp;D Reserve Account shall be subject to an injunction, estoppel or other stay or a lien (other than liens permitted under the
Related Documents); </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(d) all principal of and interest on any Class&nbsp;of the Series <FONT STYLE="white-space:nowrap">2020-1</FONT>
Notes is not paid in full on or before the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Expected Final Distribution Date; </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(e)
any Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Letter of Credit shall not be in full force and effect for at least two Business Days and either (x)&nbsp;a Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Enhancement Deficiency would
result from excluding such Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Letter of Credit from the Class&nbsp;A/B/C Enhancement Amount or the Class&nbsp;D Enhancement Amount or (y)&nbsp;the Class&nbsp;A/B/C Liquidity Amount or the
Class&nbsp;D Liquidity Amount excluding therefrom the available amount under such Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Letter of Credit, would be less than the Class&nbsp;A/B/C Required Liquidity Amount or the Class&nbsp;D Required
Liquidity Amount, respectively; </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(f) from and after the funding of any Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Cash
Collateral Account, such Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Cash Collateral Account shall be subject to an injunction, estoppel or other stay or a lien (other than Liens permitted under the Related Documents) for at least two
Business Days and either (x)&nbsp;a Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Enhancement Deficiency would result from excluding the Class&nbsp;A/B/C Available Cash Collateral Account Amount or the Class&nbsp;D Available Cash Collateral
Account Amount from the Class&nbsp;A/B/C Enhancement Amount or the Class&nbsp;D Enhancement Amount, respectively, (y)&nbsp;the Class&nbsp;A/B/C Liquidity Amount, excluding therefrom the Class&nbsp;A/B/C Available Cash Collateral Account Amount,
would be less than the Class&nbsp;A/B/C Required Liquidity Amount or (z)&nbsp;the Class&nbsp;D Liquidity Amount, excluding therefrom the Class&nbsp;D Available Cash Collateral Account Amount, would be less than the Class&nbsp;D Required Liquidity
Amount; and </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(g) an Event of Bankruptcy shall have occurred with respect to any Series <FONT STYLE="white-space:nowrap">2020-1</FONT>
Letter of Credit Provider or any Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Letter of Credit Provider repudiates its Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Letter of Credit or refuses to honor a proper draw thereon and
either (x)&nbsp;a Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Enhancement Deficiency would result from excluding such Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Letter of Credit from the Class&nbsp;A/B/C Enhancement Amount or
the Class&nbsp;D Enhancement Amount or (y)&nbsp;the Class&nbsp;A/B/C Liquidity Amount or Class&nbsp;C Liquidity Amount, excluding therefrom the available amount under such Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Letter of Credit, would
be less than the Class&nbsp;A/B/C Required Liquidity Amount or the Class&nbsp;D Required Liquidity Amount, respectively. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">71 </P>

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 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>ARTICLE IV </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>FORM OF SERIES <FONT STYLE="white-space:nowrap">2020-1</FONT> NOTES </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;4.1. <U>Restricted Global Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Notes</U>. Each Class&nbsp;of the Series <FONT
STYLE="white-space:nowrap">2020-1</FONT> Notes to be issued in the United States will be issued in <FONT STYLE="white-space:nowrap">book-entry</FONT> form and represented by one or more permanent global Notes in fully registered form without
interest coupons (each, a &#147;<U>Restricted Global Class</U><U></U><U>&nbsp;A Note</U>&#148;, a &#147;<U>Restricted Global Class</U><U></U><U>&nbsp;B Note</U>&#148;, a &#147;<U>Restricted Global Class</U><U></U><U>&nbsp;C Note</U>&#148;, a
&#147;<U>Restricted Global Class</U><U></U><U>&nbsp;D Note</U>&#148; or a &#147;<U>Restricted Global Class</U><U></U><U>&nbsp;R Note</U>&#148;, as the case may be), substantially in the form set forth in <U>Exhibits A</U><U><FONT
STYLE="white-space:nowrap">-1</FONT></U>, <U><FONT STYLE="white-space:nowrap">B-1</FONT></U>, <U>C</U><U><FONT STYLE="white-space:nowrap">-1</FONT></U>, <U><FONT STYLE="white-space:nowrap">D-1</FONT></U> and
<U><FONT STYLE="white-space:nowrap">E-1</FONT></U>, with such legends as may be applicable thereto as set forth in the Base Indenture, and will be sold only in the United States (1)&nbsp;initially to institutional accredited investors within the
meaning of Regulation D under the Securities Act in reliance on an exemption from the registration requirements of the Securities Act and (2)&nbsp;thereafter to qualified institutional buyers within the meaning of, and in reliance on, Rule 144A
under the Securities Act and shall be deposited on behalf of the purchasers of such Class&nbsp;of the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Notes represented thereby, with the Trustee as custodian for DTC, and registered in the name
of Cede as DTC&#146;s nominee, duly executed by ABRCF and authenticated by the Trustee in the manner set forth in Section&nbsp;2.4 of the Base Indenture. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;4.2. <U>Temporary Global Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Notes; Permanent Global Series <FONT
STYLE="white-space:nowrap">2020-1</FONT> Notes</U>. Each Class&nbsp;of the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Notes to be issued outside the United States will be issued and sold in transactions outside the United States in
reliance on Regulation S under the Securities Act, as provided in the applicable note purchase agreement, and shall initially be issued in the form of one or more temporary notes in registered form without interest coupons (each, a
&#147;<U>Temporary Global Class</U><U></U><U>&nbsp;A Note</U>&#148;, a &#147;<U>Temporary Global Class</U><U></U><U>&nbsp;B Note</U>&#148;, a &#147;<U>Temporary Global Class</U><U></U><U>&nbsp;C Note</U>&#148;, a &#147;<U>Temporary Global
Class</U><U></U><U>&nbsp;D Note</U>&#148; or a &#147;<U>Temporary Global Class</U><U></U><U>&nbsp;R Note</U>&#148;, as the case may be, and collectively the &#147;<U>Temporary Global Series <FONT STYLE="white-space:nowrap">2020-1</FONT>
Notes</U>&#148;), substantially in the form set forth in <U>Exhibits A</U><U><FONT STYLE="white-space:nowrap">-2</FONT></U>, <U><FONT STYLE="white-space:nowrap">B-2</FONT></U>, <U>C</U><U><FONT STYLE="white-space:nowrap">-2</FONT></U>, <U><FONT
STYLE="white-space:nowrap">D-2</FONT></U> and <U><FONT STYLE="white-space:nowrap">E-2</FONT></U> which shall be deposited on behalf of the purchasers of such Class&nbsp;of the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Notes represented
thereby with a custodian for, and registered in the name of a nominee of DTC, for the account of Euroclear Bank S.A./N.V., as operator of the Euroclear System, or for Clearstream Banking, soci&eacute;t&eacute; anonyme, duly executed by ABRCF and
authenticated by the Trustee in the manner set forth in Section&nbsp;2.4 of the Base Indenture. Interests in each Temporary Global Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Note will be exchangeable, in whole or in part, for interests in
one or more permanent global notes in registered form without interest coupons (each, a &#147;<U>Permanent Global Class</U><U></U><U>&nbsp;A Note</U>&#148;, a &#147;<U>Permanent Global Class</U><U></U><U>&nbsp;B Note</U>&#148;, a &#147;<U>Permanent
Global Class</U><U></U><U>&nbsp;C Note</U>&#148;, a &#147;<U>Permanent Global Class</U><U></U><U>&nbsp;D Note</U>&#148; or a &#147;<U>Permanent Global Class</U><U></U><U>&nbsp;R Note</U>&#148;, as the case may be, and collectively the
&#147;<U>Permanent Global Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Notes</U>&#148;), substantially in the form of <U>Exhibits A</U><U><FONT STYLE="white-space:nowrap">-3</FONT></U>, <U><FONT STYLE="white-space:nowrap">B-3</FONT></U>,
<U>C</U><U><FONT STYLE="white-space:nowrap">-3</FONT></U>, <U><FONT STYLE="white-space:nowrap">D-3</FONT></U> and <U><FONT STYLE="white-space:nowrap">E-3</FONT></U> in accordance with the provisions of such Temporary Global Series <FONT
STYLE="white-space:nowrap">2020-1</FONT> Note and the Base Indenture (as modified by this Supplement). Interests in a Permanent Global Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Note will be exchangeable for a definitive Series <FONT
STYLE="white-space:nowrap">2020-1</FONT> Note in accordance with the provisions of such Permanent Global Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Note and the Base Indenture (as modified by this Supplement). </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">72 </P>

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 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>ARTICLE V </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>GENERAL </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;5.1. <U>Optional Repurchase</U>. (a)&nbsp;The Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Notes shall be subject to
repurchase by ABRCF at its option in accordance with Section&nbsp;6.3 of the Base Indenture on any Distribution Date (any such Distribution Date, a &#147;<U><FONT STYLE="white-space:nowrap">Clean-up</FONT> Repurchase Distribution Date</U>&#148;)
after the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Invested Amount is reduced to an amount less than or equal to 10% of the sum of the Class&nbsp;A Initial Invested Amount, the Class&nbsp;B Initial Invested Amount, the Class&nbsp;C
Initial Invested Amount, the Class&nbsp;D Notes Initial Invested Amount, the Class&nbsp;R Initial Invested Amount and the aggregate principal amount of any Additional Class&nbsp;R Notes (the &#147;<U>Series
<FONT STYLE="white-space:nowrap">2020-1</FONT> Repurchase Amount</U>&#148;). The repurchase price for any Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Note subject to a <FONT STYLE="white-space:nowrap">Clean-up</FONT> Repurchase shall equal
the aggregate outstanding principal balance of such Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Note (determined after giving effect to any payments of principal and interest on such Distribution Date), <U>plus</U> accrued and unpaid
interest on such outstanding principal balance. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(a) The Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Notes shall also be subject
to repurchase at the election of the ABRCF in accordance with Section&nbsp;6.3 of the Base Indenture, in whole but not in part, on any Distribution Date (any such Distribution Date, an &#147;<U>Optional Repurchase Distribution Date</U>&#148;) that
occurs prior to the earlier to occur of (x)&nbsp;the commencement of the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Rapid Amortization Period and (y)&nbsp;the <FONT STYLE="white-space:nowrap">Clean-up</FONT> Repurchase Distribution Date
(any such repurchase, an &#147;<U>Optional Repurchase</U>&#148;). The repurchase price for any Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Note subject to an Optional Repurchase shall equal (1)&nbsp;the aggregate outstanding principal
balance of such Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Note (determined after giving effect to any payments made pursuant to Section&nbsp;2.5(a) on such Distribution Date), <U>plus</U> (2)&nbsp;accrued and unpaid interest on such
outstanding principal balance (determined after giving effect to any payments made pursuant to Section&nbsp;2.4 on such Distribution Date) <U>plus</U> (3)&nbsp;the Make Whole Payment with respect to such Series
<FONT STYLE="white-space:nowrap">2020-1</FONT> Note. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;5.2. <U>Information</U>. The Trustee shall provide to the Series <FONT
STYLE="white-space:nowrap">2020-1</FONT> Noteholders, or their designated agent, copies of all information furnished to the Trustee or ABRCF pursuant to the Related Documents, as such information relates to the Series
<FONT STYLE="white-space:nowrap">2020-1</FONT> Notes or the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Collateral. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;5.3. <U>Exhibits</U>. The following exhibits attached hereto supplement the exhibits included in the Base Indenture. </P>
<P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="80%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" ALIGN="center">


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<TD WIDTH="82%"></TD></TR>


<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"><U>Exhibit <FONT STYLE="white-space:nowrap">A-1:</FONT></U></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Form of Restricted Global Class&nbsp;A Note</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"><U>Exhibit <FONT STYLE="white-space:nowrap">A-2:</FONT></U></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Form of Temporary Global Class&nbsp;A Note</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"><U>Exhibit <FONT STYLE="white-space:nowrap">A-3:</FONT></U></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Form of Permanent Global Class&nbsp;A Note</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"><U>Exhibit <FONT STYLE="white-space:nowrap">B-1:</FONT></U></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Form of Restricted Global Class&nbsp;B Note</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"><U>Exhibit <FONT STYLE="white-space:nowrap">B-2:</FONT></U></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Form of Temporary Global Class&nbsp;B Note</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"><U>Exhibit <FONT STYLE="white-space:nowrap">B-3:</FONT></U></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Form of Permanent Global Class&nbsp;B Note</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"><U>Exhibit <FONT STYLE="white-space:nowrap">C-1:</FONT></U></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Form of Restricted Global Class&nbsp;C Note</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"><U>Exhibit <FONT STYLE="white-space:nowrap">C-2:</FONT></U></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Form of Temporary Global Class&nbsp;C Note</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"><U>Exhibit <FONT STYLE="white-space:nowrap">C-3:</FONT></U></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Form of Permanent Global Class&nbsp;C Note</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"><U>Exhibit <FONT STYLE="white-space:nowrap">D-1:</FONT></U></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Form of Restricted Global Class&nbsp;D Note</TD></TR></TABLE>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">73 </P>

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<TR>

<TD WIDTH="16%"></TD>

<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="82%"></TD></TR>

<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="bottom"><U>Exhibit <FONT STYLE="white-space:nowrap">D-2:</FONT></U></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Form of Temporary Global Class&nbsp;D Note</P></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="bottom"><U>Exhibit <FONT STYLE="white-space:nowrap">D-3:</FONT></U></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Form of Permanent Global Class&nbsp;D Note</P></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="bottom"><U>Exhibit <FONT STYLE="white-space:nowrap">E-1:</FONT></U></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Form of Restricted Global Class&nbsp;R Note</P></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="bottom"><U>Exhibit <FONT STYLE="white-space:nowrap">E-2:</FONT></U></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Form of Temporary Global Class&nbsp;R Note</P></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="bottom"><U>Exhibit <FONT STYLE="white-space:nowrap">E-3:</FONT></U></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Form of Permanent Global Class&nbsp;R Note</P></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="bottom"><U>Exhibit F:</U></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Form of Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Demand Note</P></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="bottom"><U>Exhibit G:</U></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Form of Letter of Credit</P></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="bottom"><U>Exhibit H:</U></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Form of Lease Payment Deficit Notice</P></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="bottom"><U>Exhibit I:</U></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Form of Demand Notice</P></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="bottom"><U>Exhibit <FONT STYLE="white-space:nowrap">J-1:</FONT></U></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Class&nbsp;A/B/C Form of Supplemental Indenture No.&nbsp;4 to the Base Indenture</P></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="bottom"><U>Exhibit <FONT STYLE="white-space:nowrap">J-2:</FONT></U></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Class&nbsp;D Form of Supplemental Indenture No.&nbsp;4 to the Base Indenture</P></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="bottom"><U>Exhibit <FONT STYLE="white-space:nowrap">K-1:</FONT></U></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Class&nbsp;A/B/C Form of Amendment to the AESOP I Operating Lease</P></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="bottom"><U>Exhibit <FONT STYLE="white-space:nowrap">K-2:</FONT></U></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Class&nbsp;D Form of Amendment to the AESOP I Operating Lease</P></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="bottom"><U>Exhibit <FONT STYLE="white-space:nowrap">L-1:</FONT></U></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Class&nbsp;A/B/C Form of Amendment to the Finance Lease</P></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="bottom"><U>Exhibit <FONT STYLE="white-space:nowrap">L-2:</FONT></U></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Class&nbsp;D Form of Amendment to the Finance Lease</P></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="bottom"><U>Exhibit <FONT STYLE="white-space:nowrap">M-1:</FONT></U></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Class&nbsp;A/B/C Form of Amendment to the AESOP I Operating Lease Loan Agreement</P></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="bottom"><U>Exhibit <FONT STYLE="white-space:nowrap">M-2:</FONT></U></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Class&nbsp;D Form of Amendment to the AESOP I Operating Lease Loan Agreement</P></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="bottom"><U>Exhibit <FONT STYLE="white-space:nowrap">N-1:</FONT></U></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Class&nbsp;A/B/C Form of Amendment to the AESOP I Finance Lease Loan Agreement</P></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="bottom"><U>Exhibit <FONT STYLE="white-space:nowrap">N-2:</FONT></U></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Class&nbsp;D Form of Amendment to the AESOP I Finance Lease Loan Agreement</P></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="bottom"><U>Exhibit O:</U></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Form of Amendment to the Escrow Agreement</P></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="bottom"><U>Exhibit P:</U></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Form of Amendment to the Administration Agreement</P></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="bottom"><U>Exhibit Q:</U></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Form of Transfer Certificate for Class&nbsp;D Notes</P></TD></TR>
</TABLE> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;5.4. <U>Ratification of Base Indenture</U>. As supplemented by this Supplement, the Base
Indenture is in all respects ratified and confirmed and the Base Indenture as so supplemented by this Supplement shall be read, taken, and construed as one and the same instrument. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;5.5. <U>Counterparts</U>. This Supplement may be executed in any number of counterparts, each of which so executed shall be
deemed to be an original, but all of such counterparts shall together constitute but one and the same instrument. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;5.6.
<U>Governing Law</U>. This Supplement shall be construed in accordance with the law of the State of New York, and the obligations, rights and remedies of the parties hereto shall be determined in accordance with such law. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;5.7. <U>Amendments</U>. This Supplement may be modified or amended from time to time in accordance with the terms of the Base
Indenture; <U>provided</U>, <U>however</U>, that if, </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">74 </P>

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<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">
pursuant to the terms of the Base Indenture or this Supplement, the consent of the Required Noteholders is required for an amendment or modification of this Supplement or any other Related
Document, such requirement shall be satisfied if such amendment or modification is consented to by the Requisite Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Noteholders; <U>provided</U>, <U>further</U>, that, so long as (i)&nbsp;no
Amortization Event has occurred and is continuing and (ii)&nbsp;the Rating Agency Consent Condition is met with respect to the outstanding Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Notes, ABRCF shall be able to (x)&nbsp;increase the
Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Maximum Hyundai Amount up to an amount not to exceed 30% of the aggregate Net Book Value of all Vehicles leased under the Leases and/or (y)&nbsp;increase the Series
<FONT STYLE="white-space:nowrap">2020-1</FONT> Maximum Kia Amount up to an amount not to exceed 15% of the aggregate Net Book Value of all Vehicles leased under the Leases at any time without the consent of the Series
<FONT STYLE="white-space:nowrap">2020-1</FONT> Noteholders by giving written notice of such increase to the Trustee along with an Officer&#146;s Certificate certifying that no Amortization Event has occurred and is continuing. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;5.8. <U>Discharge of Base Indenture</U>. Notwithstanding anything to the contrary contained in the Base Indenture, no discharge
of the Indenture pursuant to Section&nbsp;11.1(b) of the Base Indenture will be effective as to the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Notes without the consent of the Requisite Series
<FONT STYLE="white-space:nowrap">2020-1</FONT> Noteholders. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;5.9. <U>Notice to Rating Agencies</U>. The Trustee shall provide
to each Rating Agency a copy of each notice, opinion of counsel, certificate or other item delivered to, or required to be provided by, the Trustee pursuant to this Supplement or any other Related Document. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;5.10. <U>Capitalization of ABRCF</U>. ABRCF agrees that on the Class&nbsp;D Notes Closing Date it will have capitalization in an
amount equal to or greater than 3% of the sum of (x)&nbsp;the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Invested Amount and (y)&nbsp;the invested amount of the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Notes, the Series <FONT
STYLE="white-space:nowrap">2011-4</FONT> Notes, the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Notes, the Series <FONT STYLE="white-space:nowrap">2016-1</FONT> Notes, the Series <FONT STYLE="white-space:nowrap">2016-2</FONT> Notes, the <FONT
STYLE="white-space:nowrap">2017-1</FONT> Notes, the <FONT STYLE="white-space:nowrap">2017-2</FONT> Notes, the Series <FONT STYLE="white-space:nowrap">2018-1</FONT> Notes, the Series <FONT STYLE="white-space:nowrap">2018-2</FONT> Notes, the Series <FONT
STYLE="white-space:nowrap">2019-1</FONT> Notes, the Series <FONT STYLE="white-space:nowrap">2019-2</FONT> Notes, the Series <FONT STYLE="white-space:nowrap">2019-3</FONT> Notes, the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Notes, the
Series <FONT STYLE="white-space:nowrap">2020-2</FONT> Notes and the Series <FONT STYLE="white-space:nowrap">2021-1</FONT> Notes. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;5.11. <U>Required Noteholders</U>. Subject to Section&nbsp;5.7 above, any action pursuant to Section&nbsp;5.6, Section&nbsp;8.13
or Article 9 of the Base Indenture that requires the consent of, or is permissible at the direction of, the Required Noteholders with respect to the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Notes pursuant to the Base Indenture shall
only be allowed with the consent of, or at the direction of, the Required Controlling Class&nbsp;Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Noteholders. Any other action pursuant to any Related Document which requires the consent or
approval of, or the waiver by, the Required Noteholders with respect to the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Notes shall require the consent or approval of, or waiver by, the Requisite Series
<FONT STYLE="white-space:nowrap">2020-1</FONT> Noteholders. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;5.12. <U>Series <FONT STYLE="white-space:nowrap">2020-1</FONT>
Demand Notes</U>. Other than pursuant to a demand thereon pursuant to Section&nbsp;2.5, ABRCF shall not reduce the amount of the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Demand Notes or forgive amounts payable thereunder so that the
outstanding principal amount of the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Demand Notes after such reduction or forgiveness is less than the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Letter of Credit Liquidity Amount.
ABRCF shall not agree to any amendment of the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Demand Notes without first satisfying the Rating Agency Confirmation Condition and the Rating Agency Consent Condition. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">75 </P>

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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;5.13. <U>Termination of Supplement</U>. This Supplement shall cease to be of
further effect when all outstanding Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Notes theretofore authenticated and issued have been delivered (other than destroyed, lost, or stolen Series <FONT STYLE="white-space:nowrap">2020-1</FONT>
Notes which have been replaced or paid) to the Trustee for cancellation, ABRCF has paid all sums payable hereunder, and, if the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Demand Note Payment Amount on the Series <FONT
STYLE="white-space:nowrap">2020-1</FONT> Letter of Credit Termination Date was greater than zero, all amounts have been withdrawn from the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Cash Collateral Accounts in accordance with
Section&nbsp;2.8(m). </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;5.14. <U>Noteholder Consent to Certain Amendments</U>. (a)&nbsp;Each Series <FONT
STYLE="white-space:nowrap">2020-1</FONT> Noteholder, upon any acquisition of a Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Note, will be deemed to agree and consent to (i)&nbsp;the execution by ABRCF of a Supplemental Indenture to the Base
Indenture substantially in the form of <U>Exhibit <FONT STYLE="white-space:nowrap">J-1</FONT></U> hereto, (ii)&nbsp;the execution of an amendment to the AESOP I Operating Lease substantially in the form of <U>Exhibit
<FONT STYLE="white-space:nowrap">K-1</FONT></U> hereto, (iii)&nbsp;the execution of an amendment to the Finance Lease substantially in the form of <U>Exhibit <FONT STYLE="white-space:nowrap">L-1</FONT></U> hereto, (iv)&nbsp;the execution of an
amendment to the AESOP I Operating Lease Loan Agreement substantially in the form of <U>Exhibit <FONT STYLE="white-space:nowrap">M-1</FONT></U> hereto and (v)&nbsp;the execution of an amendment to the AESOP I Finance Lease Loan Agreement
substantially in the form of <U>Exhibit <FONT STYLE="white-space:nowrap">N-1</FONT></U> hereto. Such deemed consent will apply to each proposed amendment set forth in <U>Exhibits <FONT STYLE="white-space:nowrap">J-1</FONT></U>, <U><FONT
STYLE="white-space:nowrap">K-1</FONT></U>, <U><FONT STYLE="white-space:nowrap">L-1</FONT></U>, <U><FONT STYLE="white-space:nowrap">M-1</FONT></U> and <U><FONT STYLE="white-space:nowrap">N-1</FONT></U> individually, and the failure to adopt any of
the amendments set forth therein will not revoke the consent with respect to any other amendment. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(b) Each Class&nbsp;D Noteholder, upon
any acquisition of a Class&nbsp;D Note, will be deemed to agree and consent to (i)&nbsp;the execution by ABRCF of a Supplemental Indenture to the Base Indenture substantially in the form of <U>Exhibit <FONT STYLE="white-space:nowrap">J-2</FONT></U>
hereto, (ii)&nbsp;the execution of an amendment to the AESOP I Operating Lease substantially in the form of <U>Exhibit <FONT STYLE="white-space:nowrap">K-2</FONT></U> hereto, (iii)&nbsp;the execution of an amendment to the Finance Lease
substantially in the form of <U>Exhibit <FONT STYLE="white-space:nowrap">L-2</FONT></U> hereto, (iv)&nbsp;the execution of an amendment to the AESOP I Operating Lease Loan Agreement substantially in the form of <U>Exhibit <FONT
STYLE="white-space:nowrap">M-2</FONT></U> hereto, (v)&nbsp;the execution of an amendment to the AESOP I Finance Lease Loan Agreement substantially in the form of <U>Exhibit <FONT STYLE="white-space:nowrap">N-2</FONT></U> hereto, (vi)&nbsp;the
execution of an amendment to the Escrow Agreement substantially in the form of <U>Exhibit O</U> hereto and (vii)&nbsp;the execution of an amendment to the Administration Agreement substantially in the form of <U>Exhibit P</U> hereto. Such deemed
consent will apply to each proposed amendment set forth in <U>Exhibits <FONT STYLE="white-space:nowrap">J-2</FONT></U>, <U><FONT STYLE="white-space:nowrap">K-2</FONT></U>, <U><FONT STYLE="white-space:nowrap">L-2</FONT></U>, <U><FONT
STYLE="white-space:nowrap">M-2</FONT></U>, <U><FONT STYLE="white-space:nowrap">N-2</FONT></U>, <U>O</U> and <U>P</U> individually, and the failure to adopt any of the amendments set forth therein will not revoke the consent with respect to any other
amendment. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;5.15. <U>[Reserved]</U>. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;5.16. <U>Confidential Information</U>. (a)&nbsp;The Trustee and each Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Note
Owner agrees, by its acceptance and holding of a beneficial interest in a Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Note, to maintain the confidentiality of all Confidential Information in accordance with procedures adopted by the
Trustee or such Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Note Owner in good faith to protect confidential information of third parties delivered to such Person; <U>provided</U>, <U>however</U>, that such Person may deliver or disclose
Confidential Information to: (i)&nbsp;such Person&#146;s directors, trustees, officers, employees, agents, attorneys, independent or internal auditors and affiliates who agree to hold confidential the Confidential Information substantially in
accordance with the terms of this Section&nbsp;5.16; (ii) such Person&#146;s financial advisors and other professional advisors who agree to hold confidential the Confidential Information substantially in accordance with the terms of this
Section&nbsp;5.16; (iii) any other Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Note Owner; (iv)&nbsp;any Person of the type that would be, to such </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">76 </P>

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Person&#146;s knowledge, permitted to acquire an interest in the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Notes in accordance with the requirements of the Indenture to which such
Person sells or offers to sell any such Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Note or any part thereof and that agrees to hold confidential the Confidential Information substantially in accordance with this Section&nbsp;5.16 (or in
accordance with such other confidentiality procedures as are acceptable to ABRCF); (v) any federal or state or other regulatory, governmental or judicial authority having jurisdiction over such Person; (vi)&nbsp;the National Association of Insurance
Commissioners or any similar organization, or any nationally recognized rating agency that requires access to information about the investment portfolio of such Person, (vii)&nbsp;any reinsurers or liquidity or credit providers that agree to hold
confidential the Confidential Information substantially in accordance with this Section&nbsp;5.16 (or in accordance with such other confidentiality procedures as are acceptable to ABRCF); (viii) any other Person with the consent of ABRCF; or
(ix)&nbsp;any other Person to which such delivery or disclosure may be necessary or appropriate (A)&nbsp;to effect compliance with any law, rule, regulation, statute or order applicable to such Person, (B)&nbsp;in response to any subpoena or other
legal process upon prior notice to ABRCF (unless prohibited by applicable law, rule, order or decree or other requirement having the force of law), (C) in connection with any litigation to which such Person is a party upon prior notice to ABRCF
(unless prohibited by applicable law, rule, order or decree or other requirement having the force of law) or (D)&nbsp;if an Amortization Event with respect to the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Notes has occurred and is
continuing, to the extent such Person may reasonably determine such delivery and disclosure to be necessary or appropriate in the enforcement or for the protection of the rights and remedies under the Series
<FONT STYLE="white-space:nowrap">2020-1</FONT> Notes, the Indenture or any other Related Document; <U>provided</U>, <U>further</U>, that delivery to any Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Note Owner of any report or information
required by the terms of the Indenture to be provided to such Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Note Owner shall not be a violation of this Section&nbsp;5.16. Each Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Note Owner
agrees, by acceptance of a beneficial interest in a Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Note, except as set forth in clauses (v), (vi) and (ix)&nbsp;above, that it shall use the Confidential Information for the sole purpose of
making an investment in the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Notes or administering its investment in the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Notes. In the event of any required disclosure of the Confidential
Information by such Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Note Owner, such Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Note Owner agrees to use reasonable efforts to protect the confidentiality of the Confidential
Information. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(b) For the purposes of this Section&nbsp;5.16, &#147;<U>Confidential Information</U>&#148; means information delivered to
the Trustee or any Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Note Owner by or on behalf of ABRCF in connection with and relating to the transactions contemplated by or otherwise pursuant to the Indenture and the Related Documents;
<U>provided</U>, <U>however</U>, that such term does not include information that: (i)&nbsp;was publicly known or otherwise known to the Trustee or such Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Note Owner prior to the time of such
disclosure; (ii)&nbsp;subsequently becomes publicly known through no act or omission by the Trustee, any Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Note Owner or any person acting on behalf of the Trustee or any Series <FONT
STYLE="white-space:nowrap">2020-1</FONT> Note Owner; (iii)&nbsp;otherwise is known or becomes known to the Trustee or any Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Note Owner other than (x)&nbsp;through disclosure by ABRCF or (y)&nbsp;as
a result of the breach of a fiduciary duty to ABRCF or a contractual duty to ABRCF; or (iv)&nbsp;is allowed to be treated as <FONT STYLE="white-space:nowrap">non-confidential</FONT> by consent of ABRCF. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;5.17. <U>Capitalized Cost Covenant</U>. ABRCF hereby agrees that it shall not permit the aggregate Capitalized Cost for all
Vehicles purchased in any model year that are not subject to a Manufacturer Program to exceed 85% of the aggregate MSRP (Manufacturer Suggested Retail Price) of all such Vehicles; <U>provided</U>, <U>however</U>, that ABRCF shall not&nbsp;modify the
customary buying patterns or purchasing criteria used by the Administrator and its Affiliates with respect to the Vehicles if the primary purpose of such&nbsp;modification is&nbsp;to comply with this covenant. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">77 </P>

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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;5.18. <U>Further Limitation of Liability</U>. Notwithstanding anything in this
Supplement to the contrary, in no event shall the Trustee or its directors, officers, agents or employees be liable under this Supplement for special, indirect, punitive or consequential loss or damage of any kind whatsoever (including, but not
limited to, lost profits), even if the Trustee or its directors, officers, agents or employees have been advised of the likelihood of such loss or damage and regardless of the form of action. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;5.19. <U>Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Agent</U>. The Series
<FONT STYLE="white-space:nowrap">2020-1</FONT> Agent shall be entitled to the same rights, benefits, protections, indemnities and immunities hereunder as are granted to the Trustee under the Base Indenture as if set forth fully herein. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;5.20. <U>Force Majeure</U>. In no event shall the Trustee be liable for any failure or delay in the performance of its
obligations under this Supplement because of circumstances beyond the Trustee&#146;s control, including, but not limited to, a failure, termination, suspension of a clearing house, securities depositary, settlement system or central payment system
in any applicable part of the world or acts of God, flood, war (whether declared or undeclared), civil or military disturbances or hostilities, nuclear or natural catastrophes, political unrest, explosion, severe weather or accident, earthquake,
terrorism, fire, riot, labor disturbances, strikes or work stoppages for any reason, embargo, government action, including any laws, ordinances, regulations or the like (whether domestic, federal, state, county or municipal or foreign) which delay,
restrict or prohibit the providing of the services contemplated by this Supplement, or the unavailability of communications or computer facilities, the failure of equipment or interruption of communications or computer facilities, or the
unavailability of the Federal Reserve Bank wire or telex or other wire or communication facility, or any other causes beyond the Trustee&#146;s control whether or not of the same class or kind as specified above. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;5.21. <U>Waiver of Jury Trial, </U><U>etc</U>. EACH OF THE PARTIES HERETO HEREBY KNOWINGLY, VOLUNTARILY AND INTENTIONALLY WAIVES
(TO THE EXTENT PERMITTED BY APPLICABLE LAW) ANY RIGHTS IT MAY HAVE TO A TRIAL BY JURY IN RESPECT OF ANY LITIGATION BASED HEREON, OR ARISING OUT OF, UNDER, OR IN CONNECTION WITH, THIS SUPPLEMENT, THE SERIES
<FONT STYLE="white-space:nowrap">2020-1</FONT> NOTES, THE SERIES <FONT STYLE="white-space:nowrap">2020-1</FONT> DEMAND NOTES, THE SERIES <FONT STYLE="white-space:nowrap">2020-1</FONT> LETTER OF CREDIT AND ANY OTHER RELATED DOCUMENTS EXECUTED IN
CONNECTION WITH THE ISSUANCE OF THE SERIES <FONT STYLE="white-space:nowrap">2020-1</FONT> NOTES, OR ANY COURSE OF CONDUCT, COURSE OF DEALING, STATEMENTS (WHETHER ORAL OR WRITTEN), OR ACTIONS OF THE PARTIES HERETO. THIS PROVISION IS A MATERIAL
INDUCEMENT FOR THE PARTIES HERETO TO ENTER INTO THIS SUPPLEMENT. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;5.22. <U>Submission to Jurisdiction</U>. EACH OF THE
PARTIES HERETO HEREBY IRREVOCABLY SUBMITS (TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW) TO THE <FONT STYLE="white-space:nowrap">NON-EXCLUSIVE</FONT> JURISDICTION OF ANY NEW YORK STATE OR FEDERAL COURT SITTING IN THE BOROUGH OF MANHATTAN, NEW
YORK CITY, STATE OF NEW YORK, OVER ANY ACTION OR PROCEEDING ARISING OUT OF OR RELATING TO THIS SUPPLEMENT, THE SERIES <FONT STYLE="white-space:nowrap">2020-1</FONT> NOTES, THE </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">78 </P>

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 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">
SERIES <FONT STYLE="white-space:nowrap">2020-1</FONT> DEMAND NOTES, THE SERIES <FONT STYLE="white-space:nowrap">2020-1</FONT> LETTER OF CREDIT AND ANY OTHER RELATED DOCUMENTS EXECUTED IN
CONNECTION WITH THE ISSUANCE OF THE SERIES <FONT STYLE="white-space:nowrap">2020-1</FONT> NOTES AND EACH OF THE PARTIES HERETO HEREBY IRREVOCABLY AGREES THAT ALL CLAIMS IN RESPECT OF SUCH ACTION OR PROCEEDING MAY BE HEARD AND DETERMINED IN SUCH NEW
YORK STATE OR FEDERAL COURT. EACH OF THE PARTIES HERETO EACH HEREBY IRREVOCABLY WAIVES, TO THE FULLEST EXTENT PERMITTED BY LAW, ANY OBJECTION EACH MAY NOW OR HEREAFTER HAVE, TO THE LAYING OF VENUE IN ANY SUCH ACTION OR PROCEEDING IN ANY SUCH COURT
AS WELL AS ANY RIGHT EACH MAY NOW OR HEREAFTER HAVE, TO REMOVE ANY SUCH ACTION OR PROCEEDING, ONCE COMMENCED, TO ANOTHER COURT ON THE GROUNDS OF <U>FORUM</U> <U>NON</U> <U>CONVENIENS</U> OR OTHERWISE. NOTHING CONTAINED HEREIN SHALL PRECLUDE ANY
PARTY HERETO FROM BRINGING AN ACTION OR PROCEEDING ARISING OUT OF OR RELATING TO THIS SUPPLEMENT, THE SERIES <FONT STYLE="white-space:nowrap">2020-1</FONT> NOTES, THE SERIES <FONT STYLE="white-space:nowrap">2020-1</FONT> DEMAND NOTES, THE SERIES <FONT
STYLE="white-space:nowrap">2020-1</FONT> LETTER OF CREDIT AND ANY OTHER RELATED DOCUMENTS EXECUTED IN CONNECTION WITH THE ISSUANCE OF THE SERIES <FONT STYLE="white-space:nowrap">2020-1</FONT> NOTES IN ANY OTHER COUNTRY, STATE OR PLACE HAVING
JURISDICTION OVER SUCH ACTION OR PROCEEDING. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;5.23. <U>Additional Terms of the Series
<FONT STYLE="white-space:nowrap">2020-1</FONT> Notes</U><U> </U>. (a) Solely with respect to this Supplement and the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Notes: (a)&nbsp;The Opinion of Counsel set forth in
<U>Section</U><U></U><U>&nbsp;2.2(f)(</U><U>i</U><U>)(x)</U> of the Base Indenture shall not be required with respect to the Class&nbsp;R Notes. The Opinion of Counsel set forth in <U>Section</U><U></U><U>&nbsp;2.2(f)(</U><U>i</U><U>)(y)</U> of the
Base Indenture shall not be required with respect to the Class&nbsp;R Notes for any Series issued after the date hereof. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(b) The terms
Rating Agency Confirmation Condition and Rating Agency Consent Condition shall be deemed to be satisfied with respect to Fitch if ABRCF notifies Fitch of the applicable action at least ten (10)&nbsp;calendar days prior to such action (or, if Fitch
agrees to less than ten (10)&nbsp;calendar days&#146; notice, such lesser period) and Fitch has not notified ABRCF and the Trustee in writing that such action will result in a reduction or withdrawal of the rating given to the Class&nbsp;A Notes,
the Class&nbsp;B Notes or the Class&nbsp;C Notes by Fitch within such ten (10)&nbsp;calendar day (or lesser) period. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(c) The transfer by
a purchaser or transferee (other than an initial purchaser of Class&nbsp;D Notes) holding a beneficial interest in a Global Class&nbsp;D Note to a subsequent transferee (a &#147;<U>Transferee</U>&#148;) who wishes to take delivery thereof in the
form of a beneficial interest in such Global Class&nbsp;D Note will be made upon receipt by the Trustee, at the office of the Trustee, of a certificate in substantially the form set forth in <U>Exhibit Q</U> hereto. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;5.24. <U>Class D Notes Conditions Precedent</U><U></U>. ABRCF may only issue Class&nbsp;D Notes upon the satisfaction of the
conditions precedent set forth in Section&nbsp;5.15 of the Prior Supplement. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">79 </P>

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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">IN WITNESS WHEREOF, ABRCF and the Trustee have caused this Supplement to be duly executed by
their respective officers thereunto duly authorized as of the day and year first above written. </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><DIV ALIGN="right">
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<TD WIDTH="12%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="79%"></TD></TR>


<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" COLSPAN="5"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">AVIS BUDGET RENTAL CAR FUNDING (AESOP) LLC</P></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">By:</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top" COLSPAN="3"> <P STYLE="margin-top:0pt; margin-bottom:1pt; border-bottom:1px solid #000000; font-size:10pt; font-family:Times New Roman">/s/ David Calabria</P></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">Name:</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">David Calabria</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">Title:</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">Senior Vice President and Treasurer</TD></TR>
</TABLE></DIV>
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<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" COLSPAN="5"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">THE BANK OF NEW YORK MELLON TRUST COMPANY, N.A., as Trustee</P></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">By:</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top" COLSPAN="3"> <P STYLE="margin-top:0pt; margin-bottom:1pt; border-bottom:1px solid #000000; font-size:10pt; font-family:Times New Roman">/s/ Mitchell L. Brumwell</P></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">Name:</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">Mitchell L. Brumwell</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">Title:</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">Vice President</TD></TR>
</TABLE></DIV> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><DIV ALIGN="right">
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="40%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt">


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<TD WIDTH="7%"></TD>

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<TD WIDTH="12%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="79%"></TD></TR>


<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" COLSPAN="5"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">THE BANK OF NEW YORK MELLON TRUST COMPANY, N.A., as Series <FONT
STYLE="white-space:nowrap">2020-1</FONT> Agent</P></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">By:</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top" COLSPAN="3"> <P STYLE="margin-top:0pt; margin-bottom:1pt; border-bottom:1px solid #000000; font-size:10pt; font-family:Times New Roman">/s/ Mitchell L. Brumwell</P></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">Name:</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">Mitchell L. Brumwell</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">Title:</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">Vice President</TD></TR>
</TABLE></DIV>
</DIV></Center>


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<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><U>TABLE OF CONTENTS </U></P>
<P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" ALIGN="center">


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<TD WIDTH="10%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="86%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:8pt">
<TD COLSPAN="3" VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000">Page</TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR STYLE="font-size:1pt">
<TD HEIGHT="16" COLSPAN="3"></TD>
<TD HEIGHT="16" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" COLSPAN="3">ARTICLE I DEFINITIONS</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">2</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="16" COLSPAN="3"></TD>
<TD HEIGHT="16" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" COLSPAN="3">ARTICLE II SERIES <FONT STYLE="white-space:nowrap">2020-1</FONT> ALLOCATIONS</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">33</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Section&nbsp;2.1.</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Establishment of Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Collection Account, Series <FONT
STYLE="white-space:nowrap">2020-1</FONT> Excess Collection Account and Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Accrued Interest Account</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">33</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Section&nbsp;2.2.</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Allocations with Respect to the Series <FONT STYLE="white-space:nowrap">2020-1</FONT>
Notes</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">34</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Section&nbsp;2.3.</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Payments to Noteholders</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">39</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Section&nbsp;2.4.</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Payment of Note Interest</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">45</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Section&nbsp;2.5.</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Payment of Note Principal</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">45</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Section&nbsp;2.6.</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Administrator&#146;s Failure to Instruct the Trustee to Make a Deposit or Payment</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">55</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Section&nbsp;2.7.</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Reserve Accounts</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">55</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Section&nbsp;2.8.</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Letters of Credit and <FONT
STYLE="white-space:nowrap">2020-1</FONT> Cash Collateral Accounts</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">59</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Section&nbsp;2.9.</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Distribution Account</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">66</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Section&nbsp;2.10.</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Accounts Permitted Investments</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">68</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Section&nbsp;2.11.</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Demand Notes Constitute Additional
Collateral for Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Senior Notes</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">68</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Section&nbsp;2.12.</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Subordination of the Class&nbsp;B Notes, Class&nbsp;C Notes, Class&nbsp;D Notes and the
Class&nbsp;R Notes</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">69</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="16" COLSPAN="3"></TD>
<TD HEIGHT="16" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" COLSPAN="3">ARTICLE III AMORTIZATION EVENTS</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">70</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="16" COLSPAN="3"></TD>
<TD HEIGHT="16" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" COLSPAN="3">ARTICLE IV FORM OF SERIES <FONT STYLE="white-space:nowrap">2020-1</FONT> NOTES</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">72</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Section&nbsp;4.1.</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Restricted Global Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Notes</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">72</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Section&nbsp;4.2.</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Temporary Global Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Notes; Permanent Global
Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Notes</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">72</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="16" COLSPAN="3"></TD>
<TD HEIGHT="16" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" COLSPAN="3">ARTICLE V GENERAL</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">73</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Section&nbsp;5.1.</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Optional Repurchase</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">73</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Section&nbsp;5.2.</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Information</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">73</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Section&nbsp;5.3.</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Exhibits</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">73</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Section&nbsp;5.4.</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Ratification of Base Indenture</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">74</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Section&nbsp;5.5.</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Counterparts</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">74</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Section&nbsp;5.6.</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Governing Law</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">74</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Section&nbsp;5.7.</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Amendments</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">74</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Section&nbsp;5.8.</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Discharge of Base Indenture</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">75</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Section&nbsp;5.9.</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Notice to Rating Agencies</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">75</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Section&nbsp;5.10.</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Capitalization of ABRCF</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">75</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Section&nbsp;5.11.</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Required Noteholders</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">75</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Section&nbsp;5.12.</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Demand Notes</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">75</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Section&nbsp;5.13.</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Termination of Supplement</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">76</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Section&nbsp;5.14.</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Noteholder Consent to Certain Amendments</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">76</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Section&nbsp;5.15.</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">[Reserved]</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">76</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Section&nbsp;5.16.</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Confidential Information</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">76</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Section&nbsp;5.17.</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Capitalized Cost Covenant</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">77</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR></TABLE>
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<TD COLSPAN="3" VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000">Page</TD>
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<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;5.18.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Further Limitation of Liability</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">78</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
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<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;5.19.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Agent</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">78</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
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<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;5.20.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Force Majeure</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">78</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
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<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;5.21.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Waiver of Jury Trial, etc</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">78</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
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<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;5.22.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Submission to Jurisdiction</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">78</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;5.23.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Additional Terms of the Series <FONT STYLE="white-space:nowrap">2020-1</FONT> Notes</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">79</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;5.24.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Class&nbsp;D Notes Conditions Precedent</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">79</TD>
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<DESCRIPTION>EX-10.4
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<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="right"><B>Exhibit 10.4 </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="right">EXECUTION VERSION </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">AVIS BUDGET
RENTAL CAR FUNDING (AESOP) LLC, </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">as Issuer </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">AVIS BUDGET CAR RENTAL, LLC, </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">as
Administrator </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">JPMORGAN CHASE BANK, N.A., </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">as Administrative Agent </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">CERTAIN <FONT
STYLE="white-space:nowrap">NON-CONDUIT</FONT> PURCHASERS, </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">CERTAIN CP CONDUIT PURCHASERS, </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">CERTAIN COMMITTED NOTE PURCHASERS, </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">CERTAIN FUNDING AGENTS, </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">CERTAIN
APA BANKS </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">and </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">THE BANK OF
NEW YORK MELLON TRUST COMPANY, N.A., </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">as Trustee and Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Agent </P>
<P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><center> <P STYLE="line-height:6.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1.00pt solid #000000;width:21%">&nbsp;</P></center>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">FOURTH AMENDED AND RESTATED SERIES <FONT STYLE="white-space:nowrap">2010-6</FONT> SUPPLEMENT </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">dated as of June&nbsp;18, 2021 </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">to
</P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">SECOND AMENDED AND RESTATED BASE INDENTURE </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">dated as of June&nbsp;3, 2004 </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><center>
<P STYLE="line-height:6.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1.00pt solid #000000;width:21%">&nbsp;</P></center>
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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">FOURTH AMENDED AND RESTATED SERIES <FONT STYLE="white-space:nowrap">2010-6</FONT>
SUPPLEMENT, dated as of June&nbsp;18, 2021 (this &#147;<U>Supplement</U>&#148;), among AVIS BUDGET RENTAL CAR FUNDING (AESOP) LLC, a special purpose limited liability company established under the laws of Delaware (&#147;<U>ABRCF</U>&#148;), AVIS
BUDGET CAR RENTAL, LLC, a limited liability company established under the laws of Delaware (&#147;<U>ABCR</U>&#148;), as administrator (the &#147;<U>Administrator</U>&#148;), JPMORGAN CHASE BANK, N.A. (&#147;<U>JPMorgan Chase</U>&#148;), in its
capacity as administrative agent for the Purchaser Groups (the &#147;<U>Administrative Agent</U>&#148;), the <FONT STYLE="white-space:nowrap">NON-CONDUIT</FONT> PURCHASERS from time to time party hereto, the COMMITTED NOTE PURCHASERS from time to
time party hereto, the CP CONDUIT PURCHASER GROUPS from time to time party hereto, the FUNDING AGENTS for the CP Conduit Purchaser Groups from time to time party hereto and THE BANK OF NEW YORK MELLON TRUST COMPANY, N.A. (as successor in interest to
The Bank of New York), a national banking association, as trustee (in such capacity, the &#147;<U>Trustee</U>&#148;) and as agent for the benefit of the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Noteholders (in such capacity, the
&#147;<U>Series</U><U></U><U><FONT STYLE="white-space:nowrap">&nbsp;2010-6</FONT> Agent</U>&#148;), to the Second Amended and Restated Base Indenture, dated as of June&nbsp;3, 2004, between ABRCF and the Trustee (as amended, modified or supplemented
from time to time, exclusive of Supplements creating a new Series of Notes, the &#147;<U>Base Indenture</U>&#148;).<SUP STYLE="font-size:85%; vertical-align:top"> </SUP> </P>
<P STYLE="margin-top:24pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>PRELIMINARY STATEMENT </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">WHEREAS, ABRCF, the Administrator, the Administrative Agent, certain CP Conduit Purchasers, APA Banks, Funding Agents and <FONT
STYLE="white-space:nowrap">Non-Conduit</FONT> Purchasers, the Trustee and the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Agent entered into the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Supplement, dated as of October&nbsp;22,
2010 (the &#147;<U>Original Series 2010</U><U><FONT STYLE="white-space:nowrap">-6</FONT> Supplement</U>&#148;), pursuant to which the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Notes were issued; </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">WHEREAS, ABRCF, the Administrator, the Administrative Agent, certain CP Conduit Purchasers, APA Banks, Funding Agents and <FONT
STYLE="white-space:nowrap">Non-Conduit</FONT> Purchasers, the Trustee and the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Agent entered into the Amended and Restated Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Supplement, dated
as of October&nbsp;14, 2011 (as amended, the &#147;<U>First A&amp;R Series 2010</U><U><FONT STYLE="white-space:nowrap">-6</FONT> Supplement</U>&#148;), pursuant to which ABRCF amended and restated the Original Series
<FONT STYLE="white-space:nowrap">2010-6</FONT> Supplement in its entirety, with the consent of the Requisite Noteholders; </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">WHEREAS, ABRCF,
the Administrator, the Administrative Agent, certain CP Conduit Purchasers, APA Banks, Funding Agents and <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchasers, the Trustee and the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Agent
entered into the Second Amended and Restated Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Supplement, dated as of November&nbsp;5, 2013 (as amended, the &#147;<U>Second A&amp;R Series 2010</U><U><FONT STYLE="white-space:nowrap">-6</FONT>
Supplement</U>&#148;), pursuant to which ABRCF amended and restated the First A&amp;R Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Supplement in its entirety, with the consent of the Requisite Noteholders; </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">WHEREAS, ABRCF, the Administrator, the Administrative Agent, certain CP Conduit Purchasers, certain Committed Note Purchasers, APA Banks,
Funding Agents and <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchasers, the Trustee and the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Agent entered into the Third Amended and Restated Series
<FONT STYLE="white-space:nowrap">2010-6</FONT> Supplement, dated as of August&nbsp;16, 2018 (as amended, the &#147;<U>Third A&amp;R Series 2010</U><U><FONT STYLE="white-space:nowrap">-6</FONT> Supplement</U>&#148;), pursuant to which ABRCF amended
and restated the Second A&amp;R Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Supplement in its entirety, with the consent of the Requisite Noteholders; </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">1 </P>

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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">WHEREAS, pursuant to Section&nbsp;12.2 of the Base Indenture, any Supplement may be amended
with the consent of ABRCF, the Trustee, any applicable Enhancement Provider and the Required Noteholders of a Series of Notes; </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">WHEREAS,
pursuant to Section&nbsp;11.11 of the Third A&amp;R Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Supplement, the requirement contained in Section&nbsp;12.2 of the Base Indenture shall be satisfied upon attaining the consent of the Requisite
Noteholders; and </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">WHEREAS, ABRCF desires to amend and restate the Third A&amp;R Series <FONT STYLE="white-space:nowrap">2010-6</FONT>
Supplement. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">NOW, THEREFORE, the parties hereto agree as follows: </P>
<P STYLE="margin-top:24pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>DESIGNATION </B></P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">A Series of
Notes was created and issued pursuant to the Base Indenture and the Original Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Supplement and such Series of Notes was designated generally as &#147;Variable Funding Rental Car Asset Backed Notes,
Series <FONT STYLE="white-space:nowrap">2010-6.&#148;</FONT> The Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Notes were issued in two Classes, the first of which is known as the &#147;Class&nbsp;A Notes&#148; and the second of which is
known as the &#147;Class&nbsp;R Notes.&#148; </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">As of the date hereof, ABRCF has issued (i)&nbsp;one tranche of Class&nbsp;A Notes, which
was designated as the &#147;Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Variable Funding Rental Car Asset Backed Notes, Class&nbsp;A&#148; and (ii)&nbsp;one tranche of Class&nbsp;R Notes, which was designated as the &#147;Series <FONT
STYLE="white-space:nowrap">2010-6</FONT> Variable Funding Rental Car Asset Backed Notes, Class&nbsp;R.&#148; The Class&nbsp;A Notes and the Class&nbsp;R Notes constitute the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Notes. The
Class&nbsp;R Notes shall be subordinated in right of payment to the Class&nbsp;A Notes, to the extent set forth herein. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">The proceeds from
the initial sale of the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Notes were deposited in the Collection Account and were paid to ABRCF and used to make Loans under the Loan Agreements to the extent that the Borrowers had requested Loans
thereunder and Eligible Vehicles were available for acquisition or refinancing thereunder on the date of the Original Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Supplement. Any such portion of proceeds not so used to make Loans shall be
deemed to be Principal Collections. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">The Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Notes are a
<FONT STYLE="white-space:nowrap">non-Segregated</FONT> Series of Notes (as more fully described in the Base Indenture). Accordingly, all references in this Supplement to &#147;all&#148; Series of Notes (and all references in this Supplement to terms
defined in the Base Indenture that contain references to &#147;all&#148; Series of Notes) shall refer to all Series of Notes other than Segregated Series of Notes. </P>
<P STYLE="margin-top:24pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>ARTICLE I </B></P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>DEFINITIONS
</B></P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(a) All capitalized terms not otherwise defined herein are defined in the Definitions List attached to the Base Indenture as Schedule
I thereto. All Article, Section, Subsection, Exhibit or Schedule references herein shall refer to Articles, Sections, Subsections, </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">2 </P>

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 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">
Exhibits or Schedules of this Supplement, except as otherwise provided herein. Unless otherwise stated herein, as the context otherwise requires or if such term is otherwise defined in the Base
Indenture, each capitalized term used or defined herein shall relate only to the <FONT STYLE="white-space:nowrap">Series&nbsp;2010-6</FONT> Notes and not to any other Series of Notes issued by ABRCF. In the event that a term used herein shall be
defined both herein and in the Base Indenture, the definition of such term herein shall govern. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(b) The following words and phrases shall
have the following meanings with respect to the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Notes and the definitions of such terms are applicable to the singular as well as the plural form of such terms and to the masculine as well as the
feminine and neuter genders of such terms: </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>A&amp;R Documents</U>&#148; is defined in Section&nbsp;6.2. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>A&amp;R Effective Date</U>&#148; is defined in Section&nbsp;6.2. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>ABCR</U>&#148; is defined in the recitals hereto. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>ABG</U>&#148; means Avis Budget Group, Inc. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>ABRCF</U>&#148; is defined in the recitals hereto. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Accounts</U>&#148; means the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Accrued Interest Account, the Series <FONT
STYLE="white-space:nowrap">2010-6</FONT> Cash Collateral Account, the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Collection Account, the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Distribution Account, the Series <FONT
STYLE="white-space:nowrap">2010-6</FONT> Excess Collection Account and the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Reserve Account. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Acquiring APA Bank</U>&#148; is defined in Section&nbsp;11.1(c). </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Acquiring Purchaser Group</U>&#148; is defined in Section&nbsp;11.1(e). </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Additional CP Conduit Purchaser</U>&#148; is defined in Section&nbsp;2.6(e). </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Additional Funding Agent</U>&#148; is defined in Section&nbsp;2.6(e). </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Additional <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser</U>&#148; is defined in Section&nbsp;2.6(e). </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Adjusted LIBO Rate</U>&#148; means, with respect to each day during each Eurodollar Period, pertaining to a portion of the Purchaser
Group Invested Amount with respect to any CP Conduit Purchaser Group allocated to a Eurodollar Tranche, an interest rate <I>per annum</I> (rounded upwards, if necessary, to the nearest 1/16<SUP STYLE="font-size:85%; vertical-align:top">th</SUP> of
1%) equal to the LIBO Rate for such Eurodollar Period multiplied by the Statutory Reserve Rate. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Adjusted Net Book
Value</U>&#148; means, as of any date of determination, with respect to each Adjusted Program Vehicle as of such date, the product of 0.965 and the Net Book Value of such Adjusted Program Vehicle as of such date. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Administrative Agent</U>&#148; is defined in the recitals hereto. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Administrator</U>&#148; is defined in the recitals hereto. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">3 </P>

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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>AESOP II DBRS Excluded Manufacturer Amount</U>&#148; means, as of any date of
determination, an amount equal to the excess, if any, of (x)&nbsp;the sum of the following amounts with respect to each DBRS <FONT STYLE="white-space:nowrap">Non-Investment</FONT> Grade Manufacturer as of such date: the product of (1)&nbsp;to the
extent such amounts are included in the calculation of the AESOP II Loan Agreement Borrowing Base as of such date, all amounts receivable, as of such date, by AESOP Leasing II from such DBRS <FONT STYLE="white-space:nowrap">Non-Investment</FONT>
Grade Manufacturer and (2)&nbsp;the DBRS Excluded Manufacturer Receivable Specified Percentage for such DBRS <FONT STYLE="white-space:nowrap">Non-Investment</FONT> Grade Manufacturer as of such date over (y)&nbsp;the sum of the following amounts
with respect to each DBRS <FONT STYLE="white-space:nowrap">Non-Investment</FONT> Grade Manufacturer as of such date: the product of (i)&nbsp;the aggregate Net Book Value of any Vehicles subject to a Manufacturer Program from such Manufacturer that
have had a Turnback Date but for which (A)&nbsp;AESOP Leasing II or its Permitted Nominee continues to be named as the owner of the Vehicle on the Certificate of Title for such Vehicle and (B)&nbsp;AESOP Leasing II or its agent continues to hold the
Certificate of Title for such Vehicle and (ii)&nbsp;the DBRS Turnback Vehicle Specified Percentage for such DBRS <FONT STYLE="white-space:nowrap">Non-Investment</FONT> Grade Manufacturer as of such date. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Affected Financial Institution</U>&#148; means (a)&nbsp;any EEA Financial Institution or (b)&nbsp;any UK Financial Institution. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Affected Party</U>&#148; means any <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser, CP Conduit Purchaser and any
Program Support Provider with respect to any CP Conduit Purchaser. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Alternate Base Rate</U>&#148; means, for any day, a rate per
annum equal to the greatest of (a)&nbsp;the Prime Rate in effect on such day, (b)&nbsp;the Federal Funds Rate in effect on such day plus <SUP STYLE="vertical-align:top">1</SUP>&#8260;<SUB STYLE="vertical-align:bottom">2</SUB> of 1% and (c)&nbsp;the
LIBO Rate in effect on such date plus 1%. Any change in the Alternate Base Rate due to a change in the Prime Rate, the Federal Funds Effective Rate or the LIBO Rate shall be effective from and including the effective day of such change in the Prime
Rate, the Federal Funds Effective Rate or the LIBO Rate, respectively. If the Alternate Base Rate is being used as an alternate rate of interest to the LIBO Rate (for the avoidance of doubt, only until the Benchmark Replacement has been determined
pursuant to Section&nbsp;7.4(b)), then the Alternate Base Rate shall be the greater of clauses (a)&nbsp;and (b) above and shall be determined without reference to clause (c)&nbsp;above. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Anti-Corruption Laws</U>&#148; means all laws, rules, and regulations of any jurisdiction applicable to ABCR or its Affiliates from
time to time concerning or relating to bribery or corruption. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>APA Bank</U>&#148; means, with respect to a CP Conduit Purchaser,
each bank or other Person set forth opposite the name of such CP Conduit Purchaser on Schedule I or in the Purchaser Group Supplement pursuant to which such CP Conduit Purchaser became a party to this Supplement and any assignee thereof, to the
extent such assignee has assumed all or a portion of the Commitments of an APA Bank pursuant to a Transfer Supplement entered into in accordance with <U>Section</U><U></U><U>&nbsp;11.1(c)</U>. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>APA Bank Funded Amount</U>&#148; means, with respect to any CP Conduit Purchaser Group for any day, the excess, if any, of the
Purchaser Group Invested Amount with respect to such CP Conduit Purchaser Group over the CP Conduit Funded Amount with respect to such CP Conduit Purchaser Group for such day. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">4 </P>

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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>APA Bank Participants</U>&#148; is defined in Section&nbsp;11.1(d). </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>APA Bank Percentage</U>&#148; means, with respect to any APA Bank, the percentage set forth opposite the name of such APA Bank on
Schedule I or the Transfer Supplement or the Purchaser Group Supplement pursuant to which such APA Bank became a party to this Supplement. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Applicable Margin</U>&#148; is defined in the Fee Letter. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>ARAC</U>&#148; means Avis Rent A Car System, LLC. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Article VII Costs</U>&#148; means any amounts due pursuant to Article VII and any interest accrued on such amounts pursuant to
Section&nbsp;3.4. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Asset Purchase Agreement</U>&#148; means, with respect to any CP Conduit Purchaser, the asset purchase
agreement, liquidity agreement or other agreement among such CP Conduit Purchaser, the Funding Agent with respect to such CP Conduit Purchaser and the APA Bank with respect to such CP Conduit Purchaser, as amended, modified or supplemented from time
to time. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Available APA Bank Funding Amount</U>&#148; means, with respect to any CP Conduit Purchaser Group for any Business Day,
the sum of (i)&nbsp;the portion of such CP Conduit Purchaser Group&#146;s Commitment Percentage of the Class&nbsp;A Initial Invested Amount not to be funded by such CP Conduit Purchaser Group by issuing Commercial Paper if such Business Day is the
Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Closing Date, (ii)&nbsp;the portion of the APA Bank Funded Amount with respect to such CP Conduit Purchaser Group not allocated to a Eurodollar Tranche on such Business Day, (iii)&nbsp;the
portion of the APA Bank Funded Amount with respect to such CP Conduit Purchaser Group allocated to any Eurodollar Tranche the Eurodollar Period in respect of which expires on such Business Day and (iv)&nbsp;the portion of such CP Conduit Purchaser
Group&#146;s Purchaser Group Increase Amount for such Business Day not to be funded by such CP Conduit Purchaser Group by issuing Commercial Paper. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Available CP Funding Amount</U>&#148; means, with respect to any CP Conduit Purchaser Group for any Business Day, the sum of
(i)&nbsp;the portion of such CP Conduit Purchaser Group&#146;s Commitment Percentage of the Class&nbsp;A Initial Invested Amount to be funded by such CP Conduit Purchaser Group by issuing Commercial Paper if such Business Day is the Series <FONT
STYLE="white-space:nowrap">2010-6</FONT> Closing Date, (ii)&nbsp;the portion of the CP Conduit Funded Amount with respect to such CP Conduit Purchaser Group allocated to any CP Tranche, the CP Rate Period in respect of which expires on such Business
Day and (iii)&nbsp;the portion of such CP Conduit Purchaser Group&#146;s Purchaser Group Increase Amount for such Business Day to be funded by such CP Conduit Purchaser Group by issuing Commercial Paper. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Available Tenor</U>&#148; means, as of any date of determination and with respect to the then-current Benchmark, as applicable, any
tenor for such Benchmark (or component thereof) or payment period for interest calculated with reference to such Benchmark (or component thereof), </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">5 </P>

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as applicable, that is or may be used for determining the length of an Interest Period for any term rate or otherwise, or for determining any frequency of making payments of interest calculated
pursuant to this Supplement as of such date and not including, for the avoidance of doubt, any tenor for such Benchmark that is then-removed from the definition of &#147;Interest Period&#148; pursuant to Section&nbsp;7.4(f). </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U><FONT STYLE="white-space:nowrap">Bail-In</FONT> Action</U>&#148; means the exercise of any Write-Down and Conversion Powers by the
applicable Resolution Authority in respect of any liability of an Affected Financial Institution. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U><FONT STYLE="white-space:nowrap">Bail-In</FONT> Legislation</U>&#148; means (a)&nbsp;with respect to any EEA Member Country
implementing Article 55 of Directive 2014/59/EU of the European Parliament and of the Council of the European Union, the implementing law, regulation, rule or requirement for such EEA Member Country from time to time which is described in the EU <FONT
STYLE="white-space:nowrap">Bail-In</FONT> Legislation Schedule and (b)&nbsp;with respect to the United Kingdom, Part I of the United Kingdom Banking Act 2009 (as amended from time to time) and any other law, regulation or rule applicable in the
United Kingdom relating to the resolution of unsound or failing banks, investment firms or other financial institutions or their affiliates (other than through liquidation, administration or other insolvency proceedings). </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Bank Accounts</U>&#148; is defined in Section&nbsp;11.16(f). </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Basel II</U>&#148; means the revised Basel Accord prepared by the Basel Committee on Banking Supervision as set out in the
publication entitled &#147;International Convergence of Capital Measurements and Capital Standards: a Revised Framework,&#148; as updated from time to time, and any rules, regulations, guidance, requests, interpretations or directives from any
Official Body relating thereto (whether or not having the force of law). </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Basel III</U>&#148; means the revised Basel Accord
prepared by the Basel Committee on Banking Supervision as set out in the publication entitled &#147;A Global Regulatory Framework for More Resilient Banks and Banking Systems,&#148; as updated from time to time, and any rules, regulations, guidance,
requests, interpretations or directives from any Official Body relating thereto (whether or not having the force of law). </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Benchmark</U>&#148; means, initially, the LIBO Rate; <U>provided</U> that if a Benchmark Transition Event, a Term SOFR Transition
Event or an Early <FONT STYLE="white-space:nowrap">Opt-in</FONT> Election, as applicable, and its related Benchmark Replacement Date have occurred with respect to the LIBO Rate or the then-current Benchmark, then &#147;Benchmark&#148; means the
applicable Benchmark Replacement to the extent that such Benchmark Replacement has replaced such prior benchmark rate pursuant to Section&nbsp;7.4(b) or Section&nbsp;7.4(c). </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Benchmark Replacement</U>&#148; means, for any Available Tenor, the first alternative set forth in the order below that can be
determined by the Administrative Agent for the applicable Benchmark Replacement Date: </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(1) the sum of: (a)&nbsp;Term SOFR and (b)&nbsp;the
related Benchmark Replacement Adjustment; </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">6 </P>

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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(2) the sum of: (a)&nbsp;Daily Simple SOFR and (b)&nbsp;the related Benchmark Replacement
Adjustment; </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(3) the sum of: (a)&nbsp;the alternate benchmark rate that has been selected by the Administrative Agent and ABRCF as the
replacement for the then-current Benchmark for the applicable Corresponding Tenor giving due consideration to (i)&nbsp;any selection or recommendation of a replacement benchmark rate or the mechanism for determining such a rate by the Relevant
Governmental Body or (ii)&nbsp;any evolving or then-prevailing market convention for determining a benchmark rate as a replacement for the then-current Benchmark for U.S. dollar-denominated syndicated credit facilities at such time and (b)&nbsp;the
related Benchmark Replacement Adjustment; </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><U>provided</U> that, in the case of clause (1), such Unadjusted Benchmark Replacement is displayed on a screen
or other information service that publishes such rate from time to time as selected by the Administrative Agent in its reasonable discretion; <U>provided</U>, <U>further</U>, that, notwithstanding anything to the contrary in this Supplement or in
any other Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Document, upon the occurrence of a Term SOFR Transition Event, and the delivery of a Term SOFR Notice, on the applicable Benchmark Replacement Date the &#147;Benchmark Replacement&#148;
shall revert to and shall be deemed to be the sum of (a)&nbsp;Term SOFR and (b)&nbsp;the related Benchmark Replacement Adjustment, as set forth in clause (1)&nbsp;of this definition (subject to the first proviso above). </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">If the Benchmark Replacement as determined pursuant to clause (1), (2) or (3)&nbsp;above would be less than the Floor, the Benchmark
Replacement will be deemed to be the Floor for the purposes of this Supplement and the other Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Documents. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Benchmark Replacement Adjustment</U>&#148; means, with respect to any replacement of the then-current Benchmark with an Unadjusted
Benchmark Replacement for any applicable Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Interest Period or Eurodollar Period and Available Tenor for any setting of such Unadjusted Benchmark Replacement: </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(1) for purposes of clauses (1)&nbsp;and (2) of the definition of &#147;Benchmark Replacement,&#148; the first alternative set forth in the
order below that can be determined by the Administrative Agent: </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:9%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(a) the spread adjustment, or method for calculating or
determining such spread adjustment, (which may be a positive or negative value or zero) as of the Reference Time such Benchmark Replacement is first set for such Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Interest Period or Eurodollar
Period that has been selected or recommended by the Relevant Governmental Body for the replacement of such Benchmark with the applicable Unadjusted Benchmark Replacement for the applicable Corresponding Tenor; </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:9%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(b) the spread adjustment (which may be a positive or negative value or zero) as of the Reference Time such Benchmark
Replacement is first set for such Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Interest Period or Eurodollar Period that would apply to the fallback rate for a derivative transaction referencing the ISDA Definitions to be effective upon an
index cessation event with respect to such Benchmark for the applicable Corresponding Tenor; and </P>
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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(2) for purposes of clause (3)&nbsp;of the definition of &#147;Benchmark Replacement,&#148;
the spread adjustment, or method for calculating or determining such spread adjustment (which may be a positive or negative value or zero) that has been selected by the Administrative Agent and ABRCF for the applicable Corresponding Tenor giving due
consideration to (i)&nbsp;any selection or recommendation of a spread adjustment, or method for calculating or determining such spread adjustment, for the replacement of such Benchmark with the applicable Unadjusted Benchmark Replacement by the
Relevant Governmental Body on the applicable Benchmark Replacement Date and/or (ii)&nbsp;any evolving or then-prevailing market convention for determining a spread adjustment, or method for calculating or determining such spread adjustment, for the
replacement of such Benchmark with the applicable Unadjusted Benchmark Replacement for U.S. dollar-denominated syndicated credit facilities at such time; </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><U>provided</U> that, in the case of clause (1)&nbsp;above, such adjustment is displayed on a screen or other information service that publishes such
Benchmark Replacement Adjustment from time to time as selected by the Administrative Agent in its reasonable discretion. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Benchmark Replacement Conforming Changes</U>&#148; means, with respect to any Benchmark Replacement, any technical, administrative or
operational changes (including changes to the definitions of &#147;Alternate Base Rate,&#148; &#147;LIBO Rate,&#148; &#147;Adjusted LIBO Rate,&#148; &#147;LIBO Screen Rate,&#148; &#147;Business Day,&#148; &#147;Series
<FONT STYLE="white-space:nowrap">2010-6</FONT> Interest Period,&#148; and &#147;Eurodollar Period,&#148; timing and frequency of determining rates and making payments of interest and other technical, administrative or operational matters) that the
Administrative Agent decides may be appropriate to reflect the adoption and implementation of such Benchmark Replacement and to permit the administration thereof by the Administrative Agent in a manner substantially consistent with market practice
(or, if the Administrative Agent decides that adoption of any portion of such market practice is not administratively feasible or if the Administrative Agent determines that no market practice for the administration of such Benchmark Replacement
exists, in such other manner of administration as the Administrative Agent decides is reasonably necessary in connection with the administration of this Supplement and the other Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Documents). </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Benchmark Replacement Date</U>&#148; means the earliest to occur of the following events with respect to the then-current Benchmark:
</P> <P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(1) in the case of clause (1)&nbsp;or (2) of the definition of &#147;Benchmark Transition Event,&#148; the later of (a)&nbsp;the date of
the public statement or publication of information referenced therein and (b)&nbsp;the date on which the administrator of such Benchmark (or the published component used in the calculation thereof) permanently or indefinitely ceases to provide all
Available Tenors of such Benchmark (or such component thereof); </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(2) in the case of clause (3)&nbsp;of the definition of &#147;Benchmark
Transition Event,&#148; the first date on which such Benchmark (or the published component used in the calculation thereof) has been determined and announced by the regulatory supervisor for the administrator of such Benchmark (or component thereof)
to be no longer representative; provided that such <FONT STYLE="white-space:nowrap">non-representativeness</FONT> will be determined by reference to the most recent statement or publication referenced in such clause (3)&nbsp;and even if any
Available Tenor of such Benchmark (or component thereof) continues to be provided on such date; </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">8 </P>

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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(3) in the case of a Term SOFR Transition Event, the date that is thirty (30)&nbsp;days
after the date a Term SOFR Notice is provided to ABRCF, the Trustee and each Purchaser Group pursuant to Section&nbsp;7.4(c); or </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(4) in
the case of an Early <FONT STYLE="white-space:nowrap">Opt-in</FONT> Election, the sixth (6<SUP STYLE="font-size:85%; vertical-align:top">th</SUP>) Business Day after the date notice of such Early <FONT STYLE="white-space:nowrap">Opt-in</FONT>
Election is provided to ABRCF, the Trustee and each Purchaser Group, so long as the Administrative Agent has not received, by 5:00 p.m. (New York City time) on the fifth (5<SUP STYLE="font-size:85%; vertical-align:top">th</SUP>) Business Day after
the date notice of such Early <FONT STYLE="white-space:nowrap">Opt-in</FONT> Election is provided to ABRCF, the Trustee and each Purchaser Group, written notice of objection to such Early <FONT STYLE="white-space:nowrap">Opt-in</FONT> Election from
the Requisite Noteholders. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">For the avoidance of doubt, (i)&nbsp;if the event giving rise to the Benchmark Replacement Date occurs on the same day as, but
earlier than, the Reference Time in respect of any determination, the Benchmark Replacement Date will be deemed to have occurred prior to the Reference Time for such determination and (ii)&nbsp;the &#147;Benchmark Replacement Date&#148; will be
deemed to have occurred in the case of clause (1)&nbsp;or (2) with respect to any Benchmark upon the occurrence of the applicable event or events set forth therein with respect to all then-current Available Tenors of such Benchmark (or the published
component used in the calculation thereof). </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Benchmark Transition Event</U>&#148; means the occurrence of one or more of the
following events with respect to the then-current Benchmark: </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(1) a public statement or publication of information by or on behalf of the
administrator of such Benchmark (or the published component used in the calculation thereof) announcing that such administrator has ceased or will cease to provide all Available Tenors of such Benchmark (or such component thereof), permanently or
indefinitely, <U>provided</U> that, at the time of such statement or publication, there is no successor administrator that will continue to provide any Available Tenor of such Benchmark (or such component thereof); </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(2) a public statement or publication of information by the regulatory supervisor for the administrator of such Benchmark (or the published
component used in the calculation thereof), the Board, the NYFRB, an insolvency official with jurisdiction over the administrator for such Benchmark (or such component), a resolution authority with jurisdiction over the administrator for such
Benchmark (or such component) or a court or an entity with similar insolvency or resolution authority over the administrator for such Benchmark (or such component), which states that the administrator of such Benchmark (or such component) has ceased
or will cease to provide all Available Tenors of such Benchmark (or such component thereof) permanently or indefinitely, <U>provided</U> that, at the time of such statement or publication, there is no successor administrator that will continue to
provide any Available Tenor of such Benchmark (or such component thereof); or </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(3) a public statement or publication of information by the
regulatory supervisor for the administrator of such Benchmark (or the published component used in the calculation thereof) announcing that all Available Tenors of such Benchmark (or such component thereof) are no longer, or as a specified future
date will no longer be, representative. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">9 </P>

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 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">For the avoidance of doubt, a &#147;Benchmark Transition Event&#148; will be deemed to have occurred with
respect to any Benchmark if a public statement or publication of information set forth above has occurred with respect to each then-current Available Tenor of such Benchmark (or the published component used in the calculation thereof). </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Benchmark Unavailability Period</U>&#148; means, the period (if any)&nbsp;(x) beginning at the time that a Benchmark Replacement Date
pursuant to clauses (1)&nbsp;or (2) of that definition has occurred if, at such time, no Benchmark Replacement has replaced the then-current Benchmark for all purposes hereunder and under any Series <FONT STYLE="white-space:nowrap">2010-6</FONT>
Document in accordance with Section&nbsp;7.4 and (y)&nbsp;ending at the time that a Benchmark Replacement has replaced the then-current Benchmark for all purposes hereunder and under any Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Document
in accordance with Section&nbsp;7.4. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Beneficial Ownership Certification</U>&#148; means a certification regarding beneficial
ownership as required by the Beneficial Ownership Rule. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Beneficial Ownership Rule</U>&#148; means 31 C.F.R. &#167;1010.230. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Benefited Purchaser Group</U>&#148; is defined in Section&nbsp;11.3(a). </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Board</U>&#148; means the Board of Governors of the Federal Reserve System or any successor thereto. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>BRAC</U>&#148; means Budget Rent A Car System, Inc. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Business Day</U>&#148; means any day other than (a)&nbsp;a Saturday or a Sunday or (b)&nbsp;a day on which banking institutions in
New&nbsp;York, New&nbsp;York, Charlotte, North Carolina, Chicago, Illinois or the city in which the corporate trust office of the Trustee is located are authorized or obligated by law or executive order to close. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Certificate of Lease Deficit Demand</U>&#148; means a certificate substantially in the form of <U>Annex A</U> to any Multi-Series
Letter of Credit. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Certificate of Termination Date Demand</U>&#148; means a certificate substantially in the form of <U>Annex
D</U> to any Multi-Series Letter of Credit. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Certificate of Termination Demand</U>&#148; means a certificate substantially in the
form of <U>Annex C</U> to any Multi-Series Letter of Credit. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Certificate of Unpaid Demand Note Demand</U>&#148; means a
certificate substantially in the form of <U>Annex B</U> to any Multi-Series Letter of Credit. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Change in Control</U>&#148; means
(a)&nbsp;ABG shall at any time cease to own or control, directly or indirectly, greater than 50% of the Voting Stock of ABCR, ARAC or BRAC or (b)&nbsp;either ABRCF or AESOP Leasing is no longer indirectly wholly-owned by ABCR. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Change in Law</U>&#148; means (a)&nbsp;any law, rule or regulation or any change therein or in the interpretation or application
thereof (whether or not having the force of law), in each case, </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">10 </P>

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adopted, issued or occurring after February&nbsp;15, 2008, (b) any request, guideline or directive (whether or not having the force of law) from any government or political subdivision or agency,
authority, bureau, central bank, commission, department or instrumentality thereof, or any court, tribunal, grand jury or arbitrator, or any accounting board or authority (whether or not part of government) which is responsible for the establishment
or interpretation of national or international accounting principles, in each case, whether foreign or domestic (each an &#147;<U>Official Body</U>&#148;) charged with the administration, interpretation or application thereof, or the compliance with
any request or directive of any Official Body (whether or not having the force of law) made, issued or occurring after the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Closing Date or (c)&nbsp;the compliance with, or application or
implementation of, any of the foregoing or Basel II and/or Basel III by an Affected Party after the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Closing Date. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Claim</U>&#148; is defined in Section&nbsp;2.8. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U>&#148; means a class of the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Notes, which may be the Class&nbsp;A Notes
or the Class&nbsp;R Notes. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;A Controlled Distribution Amount</U>&#148; means, with respect to any
Related Month during the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Controlled Amortization Period, an amount equal to the excess of <FONT STYLE="white-space:nowrap">(x)&nbsp;one-third</FONT> of the Class&nbsp;A Invested Amount on the
Scheduled Expiry Date (after giving effect to any Increase or Decrease on the Scheduled Expiry Date) over (y)&nbsp;the aggregate amount of any Decreases made during such Related Month pursuant to Section&nbsp;2.5. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;A Initial Invested Amount</U>&#148; has the meaning specified in Section&nbsp;2.3(a)(iii). </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;A Invested Amount</U>&#148; means, on any date of determination, the sum of the Purchaser Group Invested
Amounts with respect to each of the Purchaser Groups on such date. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;A Maximum Invested Amount</U>&#148;
means, on any date of determination, the sum of the Maximum Purchaser Group Invested Amounts with respect to each of the Purchaser Groups on such date. The Class&nbsp;A Maximum Invested Amount shall be reduced by the Maximum Purchaser Group Invested
Amount of each <FONT STYLE="white-space:nowrap">Non-Extending</FONT> Purchaser Group on the Scheduled Expiry Date with respect to such Purchaser Group. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;A Note</U>&#148; means any one of the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Variable Funding
Rental Car Asset Backed Notes, Class&nbsp;A, executed by ABCRF and authenticated by or on behalf of the Trustee, substantially in the form of <U>Exhibit <FONT STYLE="white-space:nowrap">A-1</FONT></U>. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;A Noteholder</U>&#148; means a Person in whose name a Class&nbsp;A Note is registered in the Note Register.
</P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;A Senior Monthly Interest</U>&#148; means, with respect to any Series
<FONT STYLE="white-space:nowrap">2010-6</FONT> Interest Period, an amount equal to the product of (a)&nbsp;the average daily Class&nbsp;A Invested Amount during such Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Interest Period, (b)&nbsp;the
Class&nbsp;A Senior Note Rate for such Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Interest Period and (c)&nbsp;the number of days in such Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Interest Rate Period divided by 360. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">11 </P>

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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;A Senior Monthly Interest Shortfall</U>&#148; has the
meaning specified in Section&nbsp;3.3(f). </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;A Senior Note Rate</U>&#148; means for any Series <FONT
STYLE="white-space:nowrap">2010-6</FONT> Interest Period, the interest rate equal to the product of (a)&nbsp;the percentage equivalent of a fraction, the numerator of which is equal to the sum of the Senior Monthly Funding Costs with respect to each
Purchaser Group for such Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Interest Period and the denominator of which is equal to the average daily Class&nbsp;A Invested Amount during such Series <FONT STYLE="white-space:nowrap">2010-6</FONT>
Interest Period and (b)&nbsp;a fraction, the numerator of which is 360 and the denominator of which is the number of days in such Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Interest Period; <U>provided</U>, <U>however</U>, that the
Class&nbsp;A Senior Note Rate will in no event be higher than the maximum rate permitted by applicable law. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;R Controlled Distribution Amount</U>&#148; means, with respect to any Related Month during the Series <FONT
STYLE="white-space:nowrap">2010-6</FONT> Controlled Amortization Period, an amount equal to (1)&nbsp;if the Class&nbsp;A Invested Amount is greater than $0 as of the Distribution Date with respect to such Related Month, $0 and (2)&nbsp;if the
Class&nbsp;A Invested Amount has been reduced to $0 as of the Distribution Date with respect to such Related Month, the Class&nbsp;R Invested Amount as of the last day of such Related Month. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;R Initial Invested Amount</U>&#148; has the meaning specified in Section&nbsp;2.3(a)(ii). </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;R Invested Amount</U>&#148; means, as of any date of determination, (a)&nbsp;when used with respect to the
A&amp;R Effective Date, the Class&nbsp;R Initial Invested Amount and (b)&nbsp;when used with respect to any other date, an amount equal to (i)&nbsp;the Class&nbsp;R Invested Amount on the immediately preceding Business Day plus (ii)&nbsp;the
Increase Amount with respect to the Class&nbsp;R Notes on such date minus (iii)&nbsp;the amount of principal payments made on the Class&nbsp;R Notes pursuant to Section&nbsp;3.5(e)(ii) or Section&nbsp;3.5(f) on such date. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;R Maximum Invested Amount</U>&#148; means, with respect to any Committed Note Purchaser, the amount set
forth opposite the name of such Committed Note Purchaser on Schedule I or in the Class&nbsp;R Supplement pursuant to which such Committed Note Purchaser became a party to this Supplement, as such amount may be increased from time to time as provided
in Section&nbsp;2.6. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;R Monthly Interest</U>&#148; means, with respect to any Series <FONT
STYLE="white-space:nowrap">2010-6</FONT> Interest Period, an amount equal to the product of (a)&nbsp;the average daily Class&nbsp;R Invested Amount during such Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Interest Period, (b)&nbsp;the
Class&nbsp;R Note Rate for such Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Interest Period and (c)&nbsp;the number of days in such Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Interest Rate Period (assuming a <FONT
STYLE="white-space:nowrap">360-day</FONT> year consisting of twelve <FONT STYLE="white-space:nowrap">30-day</FONT> months) divided by 360. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;R Monthly Interest Shortfall</U>&#148; is defined in Section&nbsp;3.3(j). </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;R Note</U>&#148; means any one of the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Variable Funding
Rental Car Asset Backed Notes, Class&nbsp;R, executed by ABRCF and authenticated by or on behalf of the Trustee, substantially in the form of <U>Exhibit <FONT STYLE="white-space:nowrap">A-2</FONT></U>. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;R Note Rate</U>&#148; means 5.85%. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">12 </P>

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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;R Noteholder</U>&#148; means a Person in whose name a
Class&nbsp;R Note is registered in the Note Register. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;R Supplement</U>&#148; is defined in
Section&nbsp;11.1(a). </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Commercial Paper</U>&#148; means, with respect to any CP Conduit Purchaser, the promissory notes issued
by, or for the benefit of, such CP Conduit Purchaser in the commercial paper market. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Committed Note Purchasers</U>&#148; means
each entity listed as such on Schedule I or in the Class&nbsp;R Supplement pursuant to which such entity became a party to this Supplement. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Commitment</U>&#148; means, with respect to (a)&nbsp;the APA Banks included in any CP Conduit Purchaser Group, the obligation of such
APA Banks to purchase a Class&nbsp;A Note on the A&amp;R Effective Date and, thereafter, to maintain and, subject to certain conditions, increase the Purchaser Group Invested Amount with respect to such CP Conduit Purchaser Group, in each case, in
an amount up to the Maximum Purchaser Group Invested Amount with respect to such CP Conduit Purchaser Group, (b)&nbsp;any <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser Group, the obligation of the Related <FONT
STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser to purchase a Class&nbsp;A Note on the A&amp;R Effective Date and, thereafter, to maintain and, subject to certain conditions, increase the Purchaser Group Invested Amount with respect to such <FONT
STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser Group, in each case, in an amount up to the Maximum Purchaser Group Invested Amount with respect to such <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser Group or (c)&nbsp;any
Committed Note Purchaser, the obligation of the Committed Note Purchaser to purchase a Class&nbsp;R Note on the A&amp;R Effective Date in an amount equal to $93,775,000 and, thereafter, to maintain and, subject to certain conditions, increase the
Class&nbsp;R Invested Amount with respect to such Committed Note Purchaser, in each case, in an amount that satisfies the Retention Test on the applicable Increase Date, up to the Class&nbsp;R Maximum Invested Amount with respect to such Committed
Note Purchaser. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Commitment Amount</U>&#148; means, (A)&nbsp;with respect to the APA Banks included in any CP Conduit Purchaser
Group, an amount equal to 102% of the Maximum Purchaser Group Invested Amount with respect to such CP Conduit Purchaser Group or (B)&nbsp;with respect to any <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser, an amount equal to the
Maximum Purchaser Group Invested Amount with respect to such <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Commitment Fee</U>&#148; is defined in Section&nbsp;2.7(e). </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Commitment Fee Rate</U>&#148; is defined in the Fee Letter. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Commitment Percentage</U>&#148; means, on any date of determination, with respect to any Purchaser Group, the ratio, expressed as a
percentage, which such Purchaser Group&#146;s Maximum Purchaser Group Invested Amount bears to the Class&nbsp;A Maximum Invested Amount on such date. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Company indemnified person</U>&#148; is defined in Section&nbsp;2.8. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Conduit Assignee</U>&#148; means, with respect to any CP Conduit Purchaser, any commercial paper conduit administered by the Funding
Agent with respect to such CP Conduit Purchaser and designated by such Funding Agent to accept an assignment from such CP Conduit Purchaser of the Purchaser Group Invested Amount or a portion thereof with respect to such CP Conduit Purchaser
pursuant to Section&nbsp;11.1(b). </P>
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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Confirmation Condition</U>&#148; means, with respect to any Bankrupt Manufacturer
which is a debtor in Chapter 11 Proceedings, a condition that shall be satisfied upon the bankruptcy court having competent jurisdiction over such Chapter 11 Proceedings issuing an order that remains in effect approving (i)&nbsp;the assumption of
such Bankrupt Manufacturer&#146;s Manufacturer Program (and the related Assignment Agreements) by such Bankrupt Manufacturer or the trustee in bankruptcy of such Bankrupt Manufacturer under Section&nbsp;365 of the Bankruptcy Code and at the time of
such assumption, the payment of all amounts due and payable by such Bankrupt Manufacturer under such Manufacturer Program and the curing of all other defaults by the Bankrupt Manufacturer thereunder or (ii)&nbsp;the execution, delivery and
performance by such Bankrupt Manufacturer of a new post-petition Manufacturer Program (and the related assignment agreements) on the same terms and covering the same Vehicles as such Bankrupt Manufacturer&#146;s Manufacturer Program (and the related
Assignment Agreements) in effect on the date such Bankrupt Manufacturer became subject to such Chapter 11 Proceedings and, at the time of the execution and delivery of such new post-petition Manufacturer Program, the payment of all amounts due and
payable by such Bankrupt Manufacturer under such Manufacturer Program and the curing of all other defaults by the Bankrupt Manufacturer thereunder; <U>provided</U> that notwithstanding the foregoing, the Confirmation Condition shall be deemed
satisfied until the 90<SUP STYLE="font-size:85%; vertical-align:top">th</SUP> calendar day following the initial filing in respect of such Chapter&nbsp;11 Proceedings. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Consent</U>&#148; is defined in Article V. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Consent Period Expiration Date</U>&#148; is defined in Article V. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Contingent Monthly Funding Costs</U>&#148; means, with respect to each Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Interest
Period and any Purchaser Group, the excess, if any, of (i)&nbsp;the Monthly Funding Costs of such Purchaser Group for such Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Interest Period over (ii)&nbsp;an amount equal to the sum for each day
during such Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Interest Period of the product of (x)&nbsp;the Purchaser Group Invested Amount with respect to such Purchaser Group on such day and (y)&nbsp;the sum of the Applicable Margin with
respect to the Floating Tranche on any date that an Amortization Event shall have occurred and be continuing and the LIBO Screen Rate for a term of thirty (30)&nbsp;days at approximately 11:00 a.m. (London time) on such day, or if such day is not a
London Banking Day, the immediately preceding London Banking Day, divided by 360. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Contingent Monthly Funding Costs
Shortfall</U>&#148; is defined in Section&nbsp;3.3(h). </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Corresponding Tenor</U>&#148; with respect to any Available Tenor means,
as applicable, either a tenor (including overnight) or an interest payment period having approximately the same length (disregarding business day adjustment) as such Available Tenor. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>CP Conduit Funded Amount</U>&#148; means, with respect to any CP Conduit Purchaser Group for any day, the portion of the Purchaser
Group Invested Amount with respect to such CP Conduit Purchaser Group funded by such CP Conduit Purchaser Group through the issuance of Commercial Paper outstanding on such day. </P>
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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>CP Conduit Purchaser</U>&#148; means each commercial paper conduit listed on
Schedule I or party to a Purchaser Group Supplement pursuant to which such commercial paper conduit became a party to this Supplement </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>CP Conduit Purchaser Group</U>&#148; means, collectively, a CP Conduit Purchaser or CP Conduit Purchasers, as the case may be, and
the APA Banks with respect to such CP Conduit Purchaser or CP Conduit Purchasers. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>CP Rate Period</U>&#148; means, with respect
to any CP Tranche, a period of days not to exceed 270 days commencing on a Business Day selected in accordance with Section&nbsp;2.7(b); <U>provided</U> that (x)&nbsp;if a CP Rate Period would end on a day that is not a Business Day, such CP Rate
Period shall end on the next succeeding Business Day and (y)&nbsp;during the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Controlled Amortization Period and the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Rapid Amortization
Period, each CP Rate Period shall end on or prior to the next succeeding Distribution Date. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>CP Tranche</U>&#148; means, with
respect to a Match Funding CP Conduit Purchaser, a portion of the CP Conduit Funded Amount with respect to such Match Funding CP Conduit Purchaser for which the Monthly Funding Costs with respect to such Match Funding CP Conduit Purchaser is
calculated by reference to a particular Discount and a particular CP Rate Period. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Credit Agreement</U>&#148; means the Fifth
Amended and Restated Credit Agreement, dated as of February&nbsp;13, 2018, among Avis Budget Holdings, LLC, as Borrower, ABCR, as Borrower, the subsidiary borrowers referred to therein, the several lenders referred to therein, JPMorgan Chase, as
Administrative Agent, Deutsche Bank Securities Inc., as Syndication Agent, each of Citibank, N.A., Bank of America, N.A., Barclays Bank PLC and Credit Agricole Corporate and Investment Bank, as
<FONT STYLE="white-space:nowrap">Co-Documentation</FONT> Agents, as amended, restated, modified, supplemented or waived from time to time in accordance with its terms. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Daily Simple SOFR</U>&#148; means, for any day, SOFR, with the conventions for this rate (which may include a lookback) being
established by the Administrative Agent in accordance with the conventions for this rate selected or recommended by the Relevant Governmental Body for determining &#147;Daily Simple SOFR&#148; for business loans; <U>provided</U>, that if the
Administrative Agent decides that any such convention is not administratively feasible for the Administrative Agent, then the Administrative Agent may establish another convention in its reasonable discretion. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>DBRS</U>&#148; means DBRS, Inc. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>DBRS Equivalent Rating</U>&#148; means, with respect to any Person not rated by DBRS, (i)&nbsp;if such Person is rated by all three
of Moody&#146;s, Standard&nbsp;&amp; Poor&#146;s and Fitch Ratings, Ltd. (together, the &#147;<U>Equivalent Rating Agencies</U>&#148;), either (A)&nbsp;if at least two Equivalent Rating Agencies have provided equivalent long-term
</P>
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senior unsecured debt ratings with respect to such Person, the DBRS equivalent of such equivalent ratings (regardless of any rating from the other Equivalent Rating Agency) or (B)&nbsp;otherwise,
the median of the DBRS equivalents of the long-term senior unsecured debt ratings for such Person provided by each of the three Equivalent Rating Agencies, (ii)&nbsp;if such Person is rated by any two of the Equivalent Rating Agencies, the DBRS
equivalent of the lower of the long-term senior unsecured debt ratings for such Person provided by the relevant Equivalent Rating Agencies or (iii)&nbsp;if such Person is rated by only one of the Equivalent Rating Agencies,&nbsp;the DBRS equivalent
of the long-term senior unsecured debt rating for such Person provided by such Equivalent Rating Agency. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>DBRS Excluded
Manufacturer Amount</U>&#148; means, as of any date of determination, an amount equal to the excess, if any, of (x)&nbsp;the sum of the following amounts with respect to each DBRS <FONT STYLE="white-space:nowrap">Non-Investment</FONT> Grade
Manufacturer as of such date: the product of (i)&nbsp;to the extent such amounts are included in the calculation of AESOP I Operating Lease Loan Agreement Borrowing Base as of such date, all amounts receivable as of such date by AESOP Leasing or the
Intermediary from such DBRS <FONT STYLE="white-space:nowrap">Non-Investment</FONT> Grade Manufacturer and (ii)&nbsp;the DBRS Excluded Manufacturer Receivable Specified Percentage for such DBRS <FONT STYLE="white-space:nowrap">Non-Investment</FONT>
Grade Manufacturer as of such date over (y)&nbsp;the sum of the following amounts with respect to each DBRS <FONT STYLE="white-space:nowrap">Non-Investment</FONT> Grade Manufacturer as of such date: the product of (i)&nbsp;the aggregate Net Book
Value of any Vehicles subject to a Manufacturer Program from such Manufacturer that have had a Turnback Date but for which (A)&nbsp;AESOP Leasing or its Permitted Nominee continues to be named as the owner of the Vehicle on the Certificate of Title
for such Vehicle and (B)&nbsp;AESOP Leasing or its agent continues to hold the Certificate of Title for such Vehicle and (ii)&nbsp;the DBRS Turnback Vehicle Specified Percentage for such DBRS <FONT STYLE="white-space:nowrap">Non-Investment</FONT>
Grade Manufacturer as of such date. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>DBRS Excluded Manufacturer Receivable Specified Percentage</U>&#148; means, as of any date
of determination, with respect to each DBRS <FONT STYLE="white-space:nowrap">Non-Investment</FONT> Grade Manufacturer as of such date, the percentage (not to exceed 100%) most recently specified in writing by DBRS to ABRCF and the Trustee and
consented to by the Requisite Noteholders with respect to such DBRS <FONT STYLE="white-space:nowrap">Non-Investment</FONT> Grade Manufacturer; <U>provided</U>, <U>however</U>, that as of the A&amp;R Effective Date the DBRS Excluded Manufacturer
Receivable Specified Percentage for each DBRS <FONT STYLE="white-space:nowrap">Non-Investment</FONT> Grade Manufacturer shall be 100%; <U>provided</U>, <U>further</U>, that the initial DBRS Excluded Manufacturer Receivable Specified Percentage with
respect to any Manufacturer that becomes a DBRS <FONT STYLE="white-space:nowrap">Non-Investment</FONT> Grade Manufacturer after the A&amp;R Effective Date shall be 100%. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>DBRS <FONT STYLE="white-space:nowrap">Non-Investment</FONT> Grade Manufacturer</U>&#148; means, as of any date of determination, any
Manufacturer that (i)&nbsp;is not a Bankrupt Manufacturer and (ii)&nbsp;does not have a long-term senior unsecured debt rating from DBRS (or, if such Manufacturer is not rated by DBRS, a DBRS Equivalent Rating) of at least &#147;BBB (low)&#148;;
<U>provided</U> that any Manufacturer whose long-term senior unsecured debt rating from DBRS (or, if such Manufacturer is not rated by DBRS, its DBRS Equivalent Rating) is downgraded from at least &#147;BBB (low)&#148; to below &#147;BBB (low)&#148;
after the A&amp;R Effective Date shall not be deemed a DBRS <FONT STYLE="white-space:nowrap">Non-Investment</FONT> Grade Manufacturer until the thirtieth (30<SUP STYLE="font-size:85%; vertical-align:top">th</SUP>) calendar day following such
downgrade. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>DBRS Turnback Vehicle Specified Percentage</U>&#148; means, as of any date of determination: (i) with respect to each
Manufacturer that has a long-term senior unsecured debt rating from DBRS (or, if such Manufacturer is not rated by DBRS, a DBRS Equivalent Rating) on such date of determination of at least &#147;BB (low)&#148; but less than &#147;BBB (low)&#148;,
65%; (ii) with respect to each Manufacturer that has a long-term senior unsecured debt rating from DBRS (or, if </P>
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such Manufacturer is not rated by DBRS, a DBRS Equivalent Rating) on such date of determination of at least &#147;B (low)&#148; but less than &#147;BB (low)&#148;, 25%; and (iii)&nbsp;with
respect to each Manufacturer that has a long-term senior unsecured debt rating from DBRS (or, if such Manufacturer is not rated by DBRS, a DBRS Equivalent Rating) on such date of determination of &#147;CCC (high)&#148; or below (or is not rated by
DBRS or any Equivalent Rating Agency on such date of determination), 0%; <U>provided</U> that any Manufacturer whose long-term senior unsecured debt rating from DBRS is downgraded after the A&amp;R Effective Date (or, if such Manufacturer is not
rated by DBRS, its DBRS Equivalent Rating is lowered as a result of such Manufacturer being downgraded by an Equivalent Rating Agency after the A&amp;R Effective Date) shall be deemed to retain its long-term senior unsecured debt rating from DBRS
(or, if such Manufacturer is not rated by DBRS, its DBRS Equivalent Rating) in effect immediately prior to such downgrade until the thirtieth (30<SUP STYLE="font-size:85%; vertical-align:top">th</SUP>) calendar day following such downgrade. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Decrease</U>&#148; is defined in Section&nbsp;2.5(a). </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Deferrable Increase Notice</U>&#148; means a notice of Increase that provides that a Delayed Funding Notice may be provided by any
Purchaser Group with respect to such Increase in accordance with Section&nbsp;2.3(e). </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Delayed Amount</U>&#148; is defined in
Section&nbsp;2.3(e). </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Delayed Funding Date</U>&#148; is defined in Section&nbsp;2.3(e). </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Delayed Funding Notice</U>&#148; is defined in Section&nbsp;2.3(e). </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Delayed Funding Purchaser Group</U>&#148; is defined in Section&nbsp;2.3(e). </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Delayed Funding Reimbursement Amount</U>&#148; means, with respect to any Delayed Amount of a Delayed Funding Purchaser Group funded
by <FONT STYLE="white-space:nowrap">Non-Delayed</FONT> Funding Purchaser Groups on an Increase Date, an amount equal to the excess, if any, of (a)&nbsp;such Delayed Amount over (b)&nbsp;the amount, if any, by which the portion of any principal
payment made by ABRCF to such <FONT STYLE="white-space:nowrap">Non-Delayed</FONT> Funding Purchaser Group pursuant to Section&nbsp;2.5, Section&nbsp;2.6 or Section&nbsp;3.5 on any date during the period from and including such Increase Date to but
excluding the Delayed Funding Date for such Delayed Amount, was greater than what it would have been had such Delayed Amount been funded by such Delayed Funding Purchaser Group on such Increase Date. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Demand Note Issuer</U>&#148; means each issuer of a Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Demand Note. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Demand Note Preference Payment Amount</U>&#148; means, as of any day, (i)&nbsp;the aggregate amount of all proceeds of demands made
on the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Demand Notes pursuant to Section&nbsp;3.5(c)(iii) or 3.5(d)(ii) that were deposited into the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Distribution Account and paid to the
Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Noteholders during the <FONT STYLE="white-space:nowrap">one-year</FONT> period ending on such day; <U>provided</U>, <U>however</U>, that if an Event of Bankruptcy (or the occurrence of an event
described in clause (a)&nbsp;of the definition thereof, without the lapse of a period of 60 consecutive days) with respect to a Demand Note Issuer shall have occurred during such <FONT STYLE="white-space:nowrap">one-year</FONT> period, the Demand
Note Preference Payment Amount as of such day shall equal the Demand Note Preference Payment Amount as if it were calculated as of the date of such occurrence <U>minus</U> (ii)&nbsp;the aggregate amount withdrawn from the Series <FONT
STYLE="white-space:nowrap">2010-6</FONT> Reserve Account or the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Cash Collateral Account and paid to a Funding Agent pursuant to Section&nbsp;3.7(e) on account of a Preference Amount. </P>
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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Designated Amounts</U>&#148; is defined in Article V. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Disbursement</U>&#148; means any Lease Deficit Disbursement, any Unpaid Demand Note Disbursement, any Termination Date Disbursement
or any Termination Disbursement under a Multi-Series Letter of Credit, or any combination thereof, as the context may require. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Discount</U>&#148; means as of any day, (a)&nbsp;with respect to any Match Funding CP Conduit Purchaser, the interest or discount
component of the Commercial Paper issued by, or for the benefit of, such Match Funding CP Conduit Purchaser to fund or maintain the CP Conduit Funded Amount with respect to such Match Funding CP Conduit Purchaser, including an amount equal to the
portion of the face amount of the outstanding Commercial Paper issued to fund or maintain the CP Conduit Funded Amount with respect to such CP Conduit Purchaser that corresponds to the portion of the proceeds of such Commercial Paper that was used
to pay the interest or discount component of maturing Commercial Paper issued to fund or maintain such CP Conduit Funded Amount, to the extent that such CP Conduit Purchaser has not received payments of interest in respect of such interest component
prior to the maturity date of such maturing Commercial Paper, and including the portion of such interest or discount component constituting dealer or placement agent commissions and (b)&nbsp;with respect to any Pooled Funding CP Conduit Purchaser,
the amount of interest or discount to accrue on or in respect of the Commercial Paper issued by, or for the benefit of, such Pooled Funding CP Conduit Purchaser allocated, in whole or in part, by the Funding Agent with respect to such Pooled Funding
CP Conduit Purchaser, to fund the purchase or maintenance of the CP Conduit Funded Amount with respect to such Pooled Funding CP Conduit Purchaser (including, without limitation, any interest attributable to the commissions of placement agents and
dealers in respect of such Commercial Paper and any costs associated with funding small or <FONT STYLE="white-space:nowrap">odd-lot</FONT> amounts, to the extent that such commissions or costs are allocated, in whole or in part, to such Commercial
Paper by such Funding Agent); <U>provided</U> that with respect to any CP Conduit Purchaser with respect to which JPMorgan Chase Bank, N.A. acts as the related APA Bank, &#147;Discount&#148; shall mean the amount of interest or discount to accrue on
or in respect of the Commercial Paper issued by, or for the benefit of, such CP Conduit Purchaser allocated, in whole or in part, by the Funding Agent with respect to such CP Conduit Purchaser, to fund the purchase or maintenance of the CP Conduit
Funded Amount with respect to such CP Conduit Purchaser at the per annum rate calculated to yield the &#147;weighted average cost&#148; (as defined below) for such day in respect to Commercial Paper issued by such CP Conduit Purchaser on or after
March&nbsp;1, 2019; <U>provided</U>, <U>however</U>, that if any component of such rate is a discount rate, in calculating the Discount for such day, the rate resulting from converting such discount rate to an interest bearing equivalent rate per
annum shall be used in calculating such component. As used in this definition, &#147;weighted average cost&#148; for any day means the sum (without duplication) of (i)&nbsp;the actual interest accrued during such day on outstanding Commercial Paper
issued by such CP Conduit Purchaser on or after March&nbsp;1, 2019 (excluding any Commercial Paper issued to and held by the related Funding Agent or any affiliate thereof, other than such Commercial Paper held as part of the market making
activities of such CP Conduit Purchaser&#146;s Commercial Paper dealer), (ii) the commissions of placement agents and dealers in respect of such Commercial Paper, (iii)&nbsp;any note issuance costs attributable
</P>
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to such Commercial Paper not constituting dealer fees or commissions, expressed as an annualized percentage of the aggregate principal component thereof, (iv)&nbsp;the actual interest accrued
during such day on other borrowings by such CP Conduit Purchaser (as determined by its Funding Agent), including to fund small or odd dollar amounts that are not easily accommodated in the commercial paper market, which may include loans from CP
Conduit Purchaser&#146;s Funding Agent or its affiliates (such interest rate not to exceed, on any day, the Federal Funds Effective Rate in effect on such day plus 0.50%), and (v)&nbsp;incremental carrying costs incurred with respect to Commercial
Paper maturing on dates other than those on which corresponding funds are received by such CP Conduit Purchaser, minus any accrual of income net of expenses received from investment of collections received under all receivable purchase facilities
funded substantially with Commercial Paper. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Early <FONT STYLE="white-space:nowrap">Opt-in</FONT> Election</U>&#148; means, if
the then-current Benchmark is the LIBO Rate, the occurrence of: </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(1) a notification by the Administrative Agent or ABRCF that it has
determined at least five currently outstanding U.S. dollar-denominated syndicated credit facilities at such time contain (as a result of amendment or as originally executed) a SOFR-based rate (including SOFR, a term SOFR or any other rate based upon
SOFR) as a benchmark rate (and such syndicated credit facilities are identified in such notice and are publicly available for review), and </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(2) the joint election by the Administrative Agent and ABRCF to trigger a fallback from the LIBO Rate and the provision by the Administrative
Agent of written notice of such election to the Trustee and the Purchaser Groups. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>EEA Financial Institution</U>&#148; means
(a)&nbsp;any credit institution or financial institution established in any EEA Member Country which is subject to the supervision of an EEA Resolution Authority, (b)&nbsp;any entity established in an EEA Member Country which is a parent of an
institution described in clause (a)&nbsp;of this definition, or (c)&nbsp;any financial institution established in an EEA Member Country which is a subsidiary of an institution described in clauses (a)&nbsp;or (b) of this definition and is subject to
consolidated supervision with its parent. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>EEA Member Country</U>&#148; means any of the member states of the European Union,
Iceland, Liechtenstein, and Norway. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>EEA Resolution Authority</U>&#148; means any public administrative authority or any Person
entrusted with public administrative authority of any EEA Member Country (including any delegee) having responsibility for the resolution of any EEA Financial Institution.. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Effective Date</U>&#148; is defined in <U>Section</U><U></U><U>&nbsp;6.1</U>. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Eligible Assignee</U>&#148; means a financial institution having short-term debt ratings of at least
<FONT STYLE="white-space:nowrap">&#147;A-1&#148;</FONT> from Standard&nbsp;&amp; Poor&#146;s and <FONT STYLE="white-space:nowrap">&#147;P-1&#148;</FONT> from Moody&#146;s. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">19 </P>

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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>EU <FONT STYLE="white-space:nowrap">Bail-In</FONT> Legislation Schedule</U>&#148;
means the EU <FONT STYLE="white-space:nowrap">Bail-In</FONT> Legislation Schedule published by the Loan Market Association (or any successor Person), as in effect from time to time </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>EU Securitisation Regulation</U>&#148; means Regulation (EU) 2017/2402 of the European Parliament and of the Council and any related
guidelines, guidance and regulatory technical standards or implementing technical standards (including any such guidelines or standards which are applicable pursuant to any transitional provisions of the Securitisation Regulation), each as amended,
modified or supplemented from time to time as they apply to the transactions contemplated hereby. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Eurodollar Period</U>&#148;
means, with respect to any Eurodollar Tranche and any CP Conduit Purchaser Group: </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:5%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(a) initially, the period commencing on
the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Closing Date, the Increase Date or a conversion date, as the case may be, with respect to such Eurodollar Tranche and ending one month thereafter (or such other period which is acceptable to
the Funding Agent with respect to such CP Conduit Purchaser Group and which in no event will be less than 7 days); and </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:5%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(b)
thereafter, each period commencing on the last day of the immediately preceding Eurodollar Period applicable to such Eurodollar Tranche and ending one month thereafter (or such other period which is acceptable to the Funding Agent with respect to
such CP Conduit Purchaser Group and which in no event will be less than 7 days); </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:5%; font-size:10pt; font-family:Times New Roman"><U>provided</U> that all Eurodollar Periods must end on
the next Distribution Date and all of the foregoing provisions relating to Eurodollar Periods are subject to the following: </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:9%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(i) if any Eurodollar Period would otherwise end on a day that is not a Business Day, such Eurodollar Period shall be extended
to the next succeeding Business Day unless the result of such extension would be to carry such Eurodollar Period into another calendar month, in which event such Eurodollar Period shall end on the immediately preceding Business Day; and </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:9%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(ii) any Eurodollar Period that begins on the last Business Day of a calendar month (or on a day for which there is no
numerically corresponding day in the calendar month at the end of such Eurodollar Period) shall end on the last Business Day of the calendar month at the end of such Eurodollar Period. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Eurodollar Tranche</U>&#148; means, with respect to any CP Conduit Purchaser Group, a portion of the APA Bank Funded Amount with
respect to such CP Conduit Purchaser Group allocated to a particular Eurodollar Period and an Adjusted LIBO Rate determined by reference thereto. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Excess Collections</U>&#148; is defined in Section&nbsp;3.3(e)(i). </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">20 </P>

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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Excluded Taxes</U>&#148; means, with respect to the Administrative Agent, any <FONT
STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser, any CP Conduit Purchaser, any Committed Note Purchaser, any APA Bank, any Funding Agent, any Program Support Provider or any other recipient of any payment to be made by or on account of any
obligation of ABRCF hereunder, (a)&nbsp;income or franchise taxes imposed on (or measured by) its net income by the United States of America or by any other Governmental Authority, in each case, as a result of a present or former connection between
the United States of America or the jurisdiction of such Governmental Authority imposing such tax, as the case may be, and the Administrative Agent, such <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser, such CP Conduit Purchaser, such
Committed Note Purchaser, such APA Bank, such Funding Agent, such Program Support Provider or any other such recipient (except a connection arising solely from the Administrative Agent&#146;s, such <FONT STYLE="white-space:nowrap">Non-Conduit</FONT>
Purchaser&#146;s, such CP Conduit Purchaser&#146;s, such Committed Note Purchaser&#146;s, such APA Bank&#146;s, such Program Support Provider&#146;s or such recipient&#146;s having executed, delivered or performed its obligations hereunder,
receiving a payment hereunder or enforcing the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Notes) and (b)&nbsp;any branch profits tax imposed by the United States of America or any similar tax imposed by any other jurisdiction in which
ABRCF is located (except any such branch profits or similar tax imposed as a result of a connection with the United States of America or other jurisdiction as a result of a connection arising solely from the Administrative Agent&#146;s, such <FONT
STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser&#146;s, such CP Conduit Purchaser&#146;s, such Committed Note Purchaser&#146;s, such APA Bank&#146;s, such Program Support Provider&#146;s or such recipient&#146;s having executed, delivered or
performed its obligations hereunder, receiving a payment hereunder or enforcing the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Notes). </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Expiry Date</U>&#148; means, with respect to any Purchaser Group, the earlier of (a)&nbsp;the Scheduled Expiry Date with respect to
such Purchaser Group and (b)&nbsp;the date on which an Amortization Event with respect to the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Notes shall have been declared or automatically occurred. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Extending Purchaser Group</U>&#148; means a Purchaser Group other than a <FONT STYLE="white-space:nowrap">Non-Extending</FONT>
Purchaser Group. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>FATCA</U>&#148; shall mean The Foreign Account Tax Compliance Act as contained in Sections 1471 through 1474 of
the Code, as amended, along with any regulations or official interpretations thereof and any agreement (including any intergovernmental agreement or any law implementing such intergovernmental agreement) entered into in connection therewith. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Federal Funds Effective Rate</U>&#148; means, for any day, the weighted average (rounded upwards, if necessary, to the next 1/100 of
1%) of the rates on the overnight Federal funds transactions with members of the Federal Reserve System arranged by Federal funds brokers, as published on the next succeeding Business Day by the NYFRB, or, if such rate is not so published for any
day that is a Business Day, the average (rounded upwards, if necessary, to the next 1/100 of 1%) of the quotations for such day for such transactions received by the Administrative Agent from three Federal funds brokers of recognized standing
selected by it. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Fee Letter</U>&#148; means the letter dated the A&amp;R Effective Date, from ABRCF addressed to the
Administrative Agent, each <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser and each of the CP Conduit Purchasers, the Funding Agents and the APA Banks, setting forth certain fees payable from time to time to the Purchaser Groups, as
such letter may be amended or replaced from time to time. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">21 </P>

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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Finance Guide</U>&#148; means the Black Book Official Finance/Lease Guide. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Fitch</U>&#148; means Fitch Ratings, Inc. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Floating Tranche</U>&#148; means, with respect to any CP Conduit Purchaser Group, the portion of the APA Bank Funded Amount with
respect to such CP Conduit Purchaser Group not allocated to a Eurodollar Tranche. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Floor</U>&#148; means the benchmark rate
floor, if any, provided in this Supplement initially (as of the A&amp;R Effective Date, the modification, amendment or renewal of this Supplement or otherwise) with respect to LIBO Rate. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Funding Agent</U>&#148; means, with respect to each CP Conduit Purchaser and its CP Conduit Purchaser Group, the agent bank set forth
opposite the name of such CP Conduit Purchaser on Schedule I or in the Purchaser Group Supplement pursuant to which such CP Conduit Purchaser became a party to this Supplement. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Inclusion Date</U>&#148; means, with respect to any Vehicle, the date that is three months after the earlier of (i)&nbsp;the date
such Vehicle became a Redesignated Vehicle and (ii)&nbsp;if the Manufacturer of such Vehicle is a Bankrupt Manufacturer, the date upon which the Event of Bankruptcy which caused such Manufacturer to become a Bankrupt Manufacturer first occurred.
</P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Increase</U>&#148; is defined in Section&nbsp;2.3(a). </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Increase Amount</U>&#148; is defined in Section&nbsp;2.3(a). </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Increase Date</U>&#148; is defined in Section&nbsp;2.3(a). </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Indemnified Taxes</U>&#148; means Taxes other than Excluded Taxes. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Interest Rate Cap Counterparty</U>&#148; means ABRCF&#146;s counterparty under a
<FONT STYLE="white-space:nowrap">Series&nbsp;2010-6</FONT> Interest Rate Cap. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Interpolated Rate</U>&#148; means, at any time,
for any Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Interest Period or Euordollar Period, the rate <I>per annum</I> (rounded to the same number of decimal places as the LIBO Screen Rate) determined by the Administrative Agent (which
determination shall be conclusive and binding absent manifest error) to be equal to the rate that results from interpolating on a linear basis between: (a)&nbsp;the LIBO Screen Rate for the longest period (for which the LIBO Screen Rate is
available) that is shorter than the Impacted Interest Period; and (b)&nbsp;the LIBO Screen Rate for the shortest period (for which that LIBO Screen Rate is available) that exceeds the Impacted Interest Period, in each case, at such time. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">22 </P>

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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>ISDA Definitions</U>&#148; means the 2006 ISDA Definitions published by the
International Swaps and Derivatives Association, Inc. or any successor thereto, as amended or supplemented from time to time, or any successor definitional booklet for interest rate derivatives published from time to time by the International Swaps
and Derivatives Association, Inc. or such successor thereto. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>JPMorgan Chase</U>&#148; is defined in the recitals hereto. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Lease Deficit Disbursement</U>&#148; means an amount drawn under a Multi-Series Letter of Credit pursuant to a Certificate of Lease
Deficit Demand. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>LIBO Rate</U>&#148; means, (i)&nbsp;the greater of 0% and (ii)&nbsp;(a) with respect to each day during each
Eurodollar Period pertaining to a Eurodollar Tranche, the LIBO Screen Rate at approximately 11:00 a.m., London time, on the second London Banking Days prior to the commencement of such Eurodollar Period, as the rate for dollar deposits with a
maturity comparable to the Eurodollar Period applicable to such Eurodollar Tranche, (b)&nbsp;other than with respect to a LIBOR Funding CP Conduit Purchaser, with respect to each day during a Series <FONT STYLE="white-space:nowrap">2010-6</FONT>
Interest Period the LIBO Screen Rate for a term of thirty (30)&nbsp;days at approximately 11:00 a.m. (London time) on such day, or if such day is not a London Banking Day, the immediately preceding London Banking Day or (c)&nbsp;with respect to a
LIBOR Funding CP Conduit Purchaser and each day during a Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Interest Period the LIBO Screen Rate for a term of three months at approximately 11:00 a.m. (London time) on such day, or if such day is
not a London Banking Day, the immediately preceding London Banking Day; provided, however, that a <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser may in its sole discretion, but only to the extent it is in accordance with its customary
practices, determine the daily LIBO Rate for a period not to exceed seven days on the first day of such period (or, if such day is not a London Banking Day, the immediately preceding London Banking Day) in accordance with the procedure set forth
above; provided further that, subject to the following proviso, if a Funding Agent with respect to a LIBOR Funding CP Conduit Purchaser is for any reason unable to determine the LIBO Rate in the foregoing manner, the LIBO Rate for such day shall be
the Alternate Base Rate for such day; <U>provided</U> that, in each case, if the LIBO Screen Rate shall not be available at such time for the applicable period (an &#147;<U>Impacted Interest Period</U>&#148;) then the LIBO Rate shall be the
Interpolated Rate. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>LIBOR Funding CP Conduit Purchaser</U>&#148; means each CP Conduit Purchaser that is designated as such on
Schedule I or in the Purchaser Group Supplement pursuant to which such CP Conduit Purchaser became a party to this Supplement. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>LIBO Screen Rate</U>&#148; means, for any day and time, the rate appearing on Reuters Screen LIBOR01 Page (or on any successor or
substitute page of such service, providing rate quotations comparable to those currently provided on such page of such service, as determined by the Administrative Agent from time to time in accordance with its customary practices for purposes of
providing quotations of interest rates applicable to dollar deposits in the London interbank market) for the applicable period. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>LOC Pro Rata Share</U>&#148; means, with respect to any Multi-Series Letter of Credit Provider as of any date, the fraction
(expressed as a percentage) obtained by dividing (A) the </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">23 </P>

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available amount allocated to the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Notes under such Multi-Series Letter of Credit Provider&#146;s Multi-Series Letter of Credit as of such
date by (B)&nbsp;an amount equal to the aggregate available amount allocated to the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Notes under all Multi-Series Letters of Credit as of such date; <U>provided</U> that only for purposes of
calculating the LOC Pro Rata Share with respect to any Multi-Series Letter of Credit Provider as of any date, if such Multi-Series Letter of Credit Provider has not complied with its obligation to pay the Trustee the amount of any draw under the
Multi-Series Letter of Credit made prior to such date, the available amount under such Multi-Series Letter of Credit as of such date shall be treated as reduced (for calculation purposes only) by the amount of such unpaid demand and shall not be
reinstated for purposes of such calculation unless and until the date as of which such Multi-Series Letter of Credit Provider has paid such amount to the Trustee and been reimbursed by the Lessee or the applicable Demand Note Issuer, as the case may
be, for such amount (<U>provided</U> that the foregoing calculation shall not in any manner reduce the undersigned&#146;s actual liability in respect of any failure to pay any demand under the Multi-Series Letter of Credit). </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>London Banking Day</U>&#148; means any business day on which dealings in deposits in United States dollars are transacted in the
London interbank market. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Market Value Average</U>&#148; means, as of any day, the percentage equivalent of a fraction, the
numerator of which is the average of the Selected Fleet Market Value as of the preceding Determination Date and the two Determination Dates precedent thereto and the denominator of which is the sum of (a)&nbsp;the average of the aggregate Net Book
Value of all <FONT STYLE="white-space:nowrap">Non-Program</FONT> Vehicles (excluding (i)&nbsp;any Unaccepted Program Vehicles, (ii)&nbsp;any Excluded Redesignated Vehicles and (iii)&nbsp;any other <FONT STYLE="white-space:nowrap">Non-Program</FONT>
Vehicles that are subject to a Manufacturer Program with an Eligible <FONT STYLE="white-space:nowrap">Non-Program</FONT> Manufacturer with respect to which no Manufacturer Event of Default has occurred and is continuing) and (b)&nbsp;the average of
the aggregate Adjusted Net Book Value of all Adjusted Program Vehicles, in the case of each of clause (a)&nbsp;and (b) leased under the AESOP I Operating Lease and the Finance Lease as of the preceding Determination Date and the two Determination
Dates precedent thereto. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Match Funding CP Conduit Purchaser</U>&#148; means each CP Conduit Purchaser that is designated as such
on Schedule I (or in the Purchaser Group Supplement pursuant to which such CP Conduit Purchaser became a party to this Supplement) or that, after the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Closing Date, notifies ABRCF and the
Administrative Agent in accordance with Section&nbsp;2.7(d) in writing that it is funding its CP Conduit Funded Amount with Commercial Paper issued by it, or for its benefit, in specified CP Tranches selected in accordance with Sections 2.7(b) and
(c)&nbsp;and that, in each case, has not subsequently notified ABRCF and the Administrative Agent in writing that ABRCF will no longer be permitted to select CP Tranches in accordance with Sections 2.7(b) and (c)&nbsp;in respect of the CP Conduit
Funded Amount with respect to such CP Conduit Purchaser. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Maximum Purchaser Group Invested Amount</U>&#148; means, with respect
to (a) any CP Conduit Purchaser Group, the amount set forth opposite the name of the CP Conduit Purchaser or CP Conduit Purchasers, as applicable, included in such CP Conduit Purchaser Group on Schedule&nbsp;I or in the Purchaser Group Supplement
pursuant to which such CP Conduit Purchaser Group became a party to this Supplement or (b) any Non-Conduit Purchaser Group, the amount set forth opposite the name of such Non-Conduit Purchaser Group on Schedule I or in the
</P>
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 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">
Purchaser Group Supplement pursuant to which such <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser Group became a party to this Supplement, in each case, as such amount may be
increased or reduced from time to time as provided in Section&nbsp;2.6. The Maximum Purchaser Group Invested Amount with respect to each <FONT STYLE="white-space:nowrap">Non-Extending</FONT> Purchaser Group shall be reduced to zero on the Scheduled
Expiry Date with respect to such Purchaser Group. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Monthly Funding Costs</U>&#148; means, with respect to each Series <FONT
STYLE="white-space:nowrap">2010-6</FONT> Interest Period and: </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(a) any CP Conduit Purchaser Group, the sum of: </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:9%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(i) for each day during such Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Interest Period, (A)&nbsp;with respect to a
Match Funding CP Conduit Purchaser, the aggregate amount of Discount accruing on all outstanding Commercial Paper issued by, or for the benefit of, such Match Funding CP Conduit Purchaser to fund the CP Conduit Funded Amount with respect to such
Match Funding CP Conduit Purchaser on such day, (B)&nbsp;with respect to a Pooled Funding CP Conduit Purchaser, the aggregate amount of Discount accruing on or otherwise in respect of the Commercial Paper issued by, or for the benefit of, such
Pooled Funding CP Conduit Purchaser allocated, in whole or in part, by the Funding Agent with respect to such Pooled Funding CP Conduit Purchaser, to fund the purchase or maintenance of the CP Conduit Funded Amount with respect to such Pooled
Funding CP Conduit Purchaser or (C)&nbsp;with respect to a LIBOR Funding CP Conduit Purchaser, the product of (x)&nbsp;the CP Conduit Funded Amount with respect to such CP Conduit Purchaser Group on such day <I>times </I>(y)&nbsp;the Benchmark for
such day, <I>divided</I> by (z) 360; <I>plus</I> </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:9%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(ii) for each day during such Series
<FONT STYLE="white-space:nowrap">2010-6</FONT> Interest Period, the sum of: </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:13%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(A) the product of (I)&nbsp;the portion of
the APA Bank Funded Amount with respect to such CP Conduit Purchaser Group allocated to the Floating Tranche with respect to such CP Conduit Purchaser Group on such day <I>times </I>(II)&nbsp;the Alternate Base Rate <I>plus </I>the Applicable Margin
on such day, <I>divided </I>by (III) 365 (or 366, as the case may be) <I>plus</I> </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:13%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(B) the product of (I)&nbsp;the portion
of the APA Bank Funded Amount with respect to such CP Conduit Purchaser Group allocated to Eurodollar Tranches with respect to such CP Conduit Purchaser Group on such day <I>times </I>(II)&nbsp;the weighted average Adjusted LIBO Rate with respect to
such Eurodollar Tranches <I>plus </I>the Applicable Margin on such day in effect with respect thereto <I>divided </I>by (III) 360; <I>plus</I> </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:9%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(iii) for each day during such Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Interest Period, the product of
(A)&nbsp;the CP Conduit Funded Amount with respect to such CP Conduit Purchaser Group on such day <I>times </I>(B)&nbsp;the Program Fee Rate on such day <I>divided </I>by (C) 360; or </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(b) any <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser Group, the sum for each day during such Series <FONT
STYLE="white-space:nowrap">2010-6</FONT> Interest Period of the product of (i)&nbsp;the Purchaser Group Invested Amount with respect to such <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser Group on such day <I>times </I>(ii)&nbsp;the
sum of (A)&nbsp;the </P>
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Benchmark with respect to such day and (B)&nbsp;either (1) the Program Fee Rate on such day or (2)&nbsp;in accordance with the terms of Section&nbsp;2.7(h), the Applicable Margin with respect to
any Eurodollar Tranche on such day, as applicable, <I>divided </I>by (iii) 360; <U>provided</U>, <U>however</U>, that if (x)&nbsp;any Change in Law shall make it unlawful for any <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser Group to
fund its Purchaser Group Invested Amount at the Benchmark, (y)&nbsp;the Administrative Agent or any <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser determines (which determination shall be conclusive absent manifest error) that
adequate and reasonable means do not exist for ascertaining the Benchmark or (z)&nbsp;any <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser determines that the Benchmark will not adequately and fairly reflect the cost to such <FONT
STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser of funding the Purchaser Group Invested Amount with respect to its Related Purchaser Group, and in each such case such <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser Group shall
have notified the Administrative Agent in writing thereof (and not subsequently notified the Administrative Agent such circumstances no longer exist), the amount of Monthly Funding Costs for each day with respect to such <FONT
STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser Group will be calculated using the sum of (1)&nbsp;the Alternate Base Rate (or, if a Benchmark Replacement has been implemented in accordance with Section&nbsp;7.4, such Benchmark Replacement)
and (2)&nbsp;the Program Fee Rate or, if the Applicable Margin with respect to any Eurodollar Tranche would otherwise be used in clause (ii)&nbsp;above in this clause (b), the Applicable Margin with respect to any Floating Tranche, on such day in
such clause (ii) (rather than the sum of (1)&nbsp;the Benchmark and (2)&nbsp;the Program Fee Rate or the Applicable Margin with respect to any Eurodollar Tranche, as applicable); <U>provided</U>, <U>further</U>, that, notwithstanding anything herein
to the contrary, on any day on which an Amortization Event shall have occurred and be continuing, the amount of Monthly Funding Costs for such day with respect to such <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser will be calculated
using the sum of (1)&nbsp;the Alternate Base Rate for such day and (2)&nbsp;the Applicable Margin with respect to any Floating Tranche on such day (rather than the sum of (1)&nbsp;the Benchmark and (2)&nbsp;the Program Fee Rate or the Applicable
Margin with respect to any Eurodollar Tranche, as applicable). </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Monthly Total Principal Allocation</U>&#148; means for any
Related Month the sum of all Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Principal Allocations with respect to such Related Month. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Moody&#146;s</U>&#148; means Moody&#146;s Investors Service, Inc. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Multi-Series Letter of Credit</U>&#148; means an irrevocable letter of credit, if any, substantially in the form of <U>Exhibit G</U>
issued by a Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Eligible Letter of Credit Provider in favor of the Trustee for the benefit, in whole or in part, of the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Noteholders
(<U>provided</U> that a Multi-Series Letter of Credit may also benefit Noteholders of certain other Series). </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Multi-Series Letter
of Credit Expiration Date</U>&#148; means, with respect to any Multi-Series Letter of Credit, the expiration date set forth in such Multi-Series Letter of Credit, as such date may be extended in accordance with the terms of such Multi-Series Letter
of Credit. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Multi-Series Letter of Credit Provider</U>&#148; means any issuer of any Multi-Series Letter of Credit. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Multi-Series Letter of Credit Termination Date</U>&#148; means the first to occur of (a)&nbsp;the date on which the Series <FONT
STYLE="white-space:nowrap">2010-6</FONT> Notes are fully paid and (b)&nbsp;the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Termination Date. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">26 </P>

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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U><FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser</U>&#148; means each
financial institution or other entity (other than a commercial paper conduit, APA Bank or Funding Agent) listed on Schedule I or party to a Purchaser Group Supplement pursuant to which such financial institution or entity became a party to this
Supplement. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U><FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser Group</U>&#148; means a
<FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U><FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser
Participants</U>&#148; is defined in Section&nbsp;11.1(f). </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U><FONT STYLE="white-space:nowrap">Non-Deferrable</FONT> Draw
Amount</U>&#148; means, with respect to any Purchaser Group as of any Increase Date, an amount equal to the lesser of (i)&nbsp;the excess, if any, of (x) 10% of the Maximum Purchaser Group Invested Amount with respect to such Purchaser Group over
(y)&nbsp;the portion of any Increase Amounts funded by such Purchaser Group during the preceding thirty-five (35)&nbsp;days pursuant to a <FONT STYLE="white-space:nowrap">Non-Deferrable</FONT> Increase Notice or, to the extent of any decrease
pursuant to Section&nbsp;2.3(e) in the Delayed Amount set forth in a Delayed Funding Notice delivered by such Purchaser Group, a Deferrable Increase Notice and (ii)&nbsp;the excess, if any, of (x)&nbsp;the Maximum Purchaser Group Invested Amount
with respect to such Purchaser Group over (y)&nbsp;the sum of (1)&nbsp;the Purchaser Group Invested Amount with respect to such Purchaser Group and (2)&nbsp;any unfunded Delayed Amounts with respect to such Purchaser Group, in each case as of such
Increase Date. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U><FONT STYLE="white-space:nowrap">Non-Deferrable</FONT> Increase Notice</U>&#148; means a notice of Increase that
provides that a Delayed Funding Notice may not be provided by any Purchaser Group with respect to such Increase in accordance with Section&nbsp;2.3(e). </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U><FONT STYLE="white-space:nowrap">Non-Delayed</FONT> Funding Purchaser Group</U>&#148; is defined in Section&nbsp;2.3(f). </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U><FONT STYLE="white-space:nowrap">Non-Extending</FONT> Purchaser Group</U>&#148; means any Purchaser Group who shall not have agreed
to an extension of its Scheduled Expiry Date pursuant to Section&nbsp;2.6(b). </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>NYFRB</U>&#148; means the Federal Reserve Bank of
New York. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>NYFRB&#146;s Website</U>&#148; means the website of the NYFRB at http://www.newyorkfed.org, or any successor source.
</P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Optional Termination Date</U>&#148; is defined in Section&nbsp;2.5(b). </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Optional Termination Notice</U>&#148; is defined in Section&nbsp;2.5(b). </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Other Taxes</U>&#148; means any and all current or future stamp or documentary taxes or other excise or property taxes, charges or
similar levies arising from any payment made under this Supplement, the Base Indenture, or any Related Documents or from the execution, delivery or enforcement of, or otherwise with respect to, this Supplement, the Base Indenture or any Related
Document. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Outstanding</U>&#148; means, with respect to the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Notes, the
Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Invested Amount shall not have been reduced to zero and all accrued interest and other amounts owing on the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Notes and to the Administrative
Agent, the Funding Agents, the CP Conduit Purchasers, the Committed Note Purchasers, the APA Banks and the <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchasers hereunder shall not have been paid in full. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">27 </P>

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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Past Due Rent Payment</U>&#148; is defined in Section&nbsp;3.2(g). </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Patriot Act</U>&#148; is defined in Section&nbsp;11.26. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Payment</U>&#148; is defined in Section&nbsp;9.10(a). </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Payment Notice</U>&#148; is defined in Section&nbsp;9.10(b). </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Permitted Investments</U>&#148; means negotiable instruments or securities maturing on or before the Distribution Date next occurring
after the investment therein, payable in Dollars, issued by an entity organized under the laws of the United States of America and represented by instruments in bearer or registered or in book-entry form which evidence (i)&nbsp;obligations the full
and timely payment of which are to be made by or is fully guaranteed by the United States of America other than financial contracts whose value depends on the values or indices of asset values; (ii)&nbsp;demand deposits of, time deposits in, or
certificates of deposit issued by, any depositary institution or trust company incorporated under the laws of the United States of America or any state thereof whose short-term debt is rated <FONT STYLE="white-space:nowrap">&#147;P-1&#148;</FONT> by
Moody&#146;s and <FONT STYLE="white-space:nowrap">&#147;A-1&#148;</FONT> or higher by Standard&nbsp;&amp; Poor&#146;s and subject to supervision and examination by Federal or state banking or depositary institution authorities; <U>provided</U>,
<U>however</U>, that at the earlier of (x)&nbsp;the time of the investment and (y)&nbsp;the time of the contractual commitment to invest therein, the certificates of deposit or short-term deposits, if any, or long-term unsecured debt obligations
(other than such obligation whose rating is based on collateral or on the credit of a Person other than such institution or trust company) of such depositary institution or trust company shall have a credit rating from Standard&nbsp;&amp;
Poor&#146;s of <FONT STYLE="white-space:nowrap">&#147;A-1+&#148;,</FONT> in the case of certificates of deposit or short-term deposits, or a rating from Standard&nbsp;&amp; Poor&#146;s not lower than &#147;AA&#148;, in the case of long-term
unsecured debt obligations; (iii)&nbsp;commercial paper having, at the earlier of (x)&nbsp;the time of the investment and (y)&nbsp;the time of the contractual commitment to invest therein, a rating from Standard&nbsp;&amp; Poor&#146;s of <FONT
STYLE="white-space:nowrap">&#147;A-1+&#148;</FONT> and a rating from Moody&#146;s of <FONT STYLE="white-space:nowrap">&#147;P-1&#148;;</FONT> (iv) bankers&#146; acceptances issued by any depositary institution or trust company described in
<U>clause&nbsp;(ii)</U>&nbsp;above; (v) investments in money market funds (x)&nbsp;rated &#147;AAm&#148; by Standard&nbsp;&amp; Poor&#146;s or otherwise approved in writing by Standard&nbsp;&amp; Poor&#146;s and (y)&nbsp;rated &#147;Aaa&#148; by
Moody&#146;s or otherwise approved in writing by Moody&#146;s; (vi)&nbsp;Eurodollar time deposits having a credit rating from Standard&nbsp;&amp; Poor&#146;s of <FONT STYLE="white-space:nowrap">&#147;A-1+&#148;</FONT> and a credit rating from
Moody&#146;s of at least &#147;A3&#148; or <FONT STYLE="white-space:nowrap">&#147;P-1&#148;;</FONT> (vii) repurchase agreements involving any of the Permitted Investments described in <U>clauses&nbsp;(i)</U>&nbsp;and (<U>vi)</U> above and the
certificates of deposit described in <U>clause&nbsp;(ii</U>)&nbsp;above which are entered into with a depository institution or trust company, having a commercial paper or short-term certificate of deposit rating of
<FONT STYLE="white-space:nowrap">&#147;A-1+&#148;</FONT> by Standard&nbsp;&amp; Poor&#146;s and <FONT STYLE="white-space:nowrap">&#147;P-1&#148;</FONT> by Moody&#146;s or which otherwise is approved as to collateralization by the Rating Agencies;
and (viii)&nbsp;any other instruments or securities, if the Rating Agencies confirm in writing that the investment in such instruments or securities will not adversely affect any rating with respect to the Series
<FONT STYLE="white-space:nowrap">2010-6</FONT> Notes and, so long as Standard&nbsp;&amp; Poor&#146;s and/or Moody&#146;s rates the Commercial Paper issued by any CP Conduit Purchaser, Standard&nbsp;&amp; Poor&#146;s and/or Moody&#146;s, as
applicable, confirms in writing that the investment in such instruments or securities will not adversely affect any rating of the Commercial Paper issued by any CP Conduit Purchaser whose Commercial Paper is rated by Standard&nbsp;&amp; Poor&#146;s
or Moody&#146;s, as applicable, at such time. </P>
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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Pooled Funding CP Conduit Purchaser</U>&#148; means each CP Conduit Purchaser that
is not (x)&nbsp;a Match Funding CP Conduit Purchaser (or that was a Match Funding Conduit Purchaser and that, after the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Closing Date, notifies ABRCF and the Administrative Agent in accordance
with Section&nbsp;2.7(d) in writing that ABRCF may no longer be permitted to select CP Tranches in respect to the CP Conduit Funded Amount with respect to such CP Conduit Purchaser) or (y)&nbsp;a LIBOR Funding CP Conduit Purchaser. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Preference Amount</U>&#148; means any amount previously distributed to a member or members of a Purchaser Group on or relating to a
Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Note that is recoverable or that has been recovered as a voidable preference by the trustee in a bankruptcy proceeding of a Demand Note Issuer pursuant to the Bankruptcy Code in accordance with a
final nonappealable order of a court having competent jurisdiction. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U><FONT STYLE="white-space:nowrap">Pre-Preference</FONT>
Period Demand Note Payments</U>&#148; means, as of any date of determination, the aggregate amount of all proceeds of demands made on the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Demand Notes included in the Series <FONT
STYLE="white-space:nowrap">2010-6</FONT> Demand Note Payment Amount as of the Multi-Series Letter of Credit Termination Date that were paid by the Demand Note Issuers more than one year before such date of determination; <U>provided</U>,
<U>however</U>,<I> </I>that if an Event of Bankruptcy (or the occurrence of an event described in clause (a)&nbsp;of the definition thereof, without the lapse of a period of 60 consecutive days) with respect to a Demand Note Issuer occurs during
such <FONT STYLE="white-space:nowrap">one-year</FONT> period, (x)&nbsp;the <FONT STYLE="white-space:nowrap">Pre-Preference</FONT> Period Demand Note Payments as of any date during the period from and including the date of the occurrence of such
Event of Bankruptcy to and including the conclusion or dismissal of the proceedings giving rise to such Event of Bankruptcy without continuing jurisdiction by the court in<B> </B>such proceedings shall equal the
<FONT STYLE="white-space:nowrap">Pre-Preference</FONT> Period Demand Note Payments as of the date of such occurrence and (y)&nbsp;the <FONT STYLE="white-space:nowrap">Pre-Preference</FONT> Period Demand Note Payments as of any date after the
conclusion or dismissal of such proceedings shall equal the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Demand Note Payment Amount as of the date of the conclusion or dismissal of such proceedings. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Pricing Increase Notice</U>&#148; is defined in Section&nbsp;2.7(h). </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Pricing Increase Rescission</U>&#148; is defined in Section&nbsp;2.7(h). </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Prime Rate</U>&#148; means the rate of interest per annum publicly announced from time to time by JPMorgan Chase as its prime rate in
effect at its principal office in New York City. Each change in the Prime Rate shall be effective from and including the date such change is publicly announced as being effective. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Principal Deficit Amount</U>&#148; means, on any date of determination, the excess, if any, of (i)&nbsp;the Class&nbsp;A Invested
Amount on such date (after giving effect to the distribution of the Monthly Total Principal Allocation for the Related Month if such date is a Distribution Date) over (ii)&nbsp;the sum of (a)&nbsp;the Series
<FONT STYLE="white-space:nowrap">2010-6</FONT> AESOP I Operating Lease Loan Agreement Borrowing Base and (b)&nbsp;the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> VFN Percentage of the excess, if any, of (1)&nbsp;the AESOP II Loan Agreement
Borrowing Base over (2)&nbsp;the AESOP II DBRS Excluded Manufacturer Amount on such date. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">29 </P>

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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Pro Rata Share</U>&#148; means, with respect to any Purchaser Group, on any date,
the ratio, expressed as a percentage, which the Purchaser Group Invested Amount with respect to such Purchaser Group bears to the Class&nbsp;A Invested Amount on such date. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Program Fee Rate</U>&#148; is defined in the Fee Letter. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Program Support Provider</U>&#148; means, with respect to any CP Conduit Purchaser, the APA Bank with respect to such CP Conduit
Purchaser and any other or additional Person now or hereafter extending credit, or having a commitment to extend credit to or for the account of, or to make purchases from, such CP Conduit Purchaser or issuing a letter of credit, surety bond or
other instrument to support any obligations arising under or in connection with such CP Conduit Purchaser&#146;s securitization program. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Purchase Effective Date</U>&#148; is defined in Section&nbsp;2.6(d). </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Purchaser Group</U>&#148; means a CP Conduit Purchaser Group or a <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser
Group. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Purchaser Group Addition Date</U>&#148; is defined in Section&nbsp;2.6(e). </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Purchaser Group Increase Amount</U>&#148; means, with respect to any Purchaser Group, for any Business Day, such Purchaser
Group&#146;s Commitment Percentage of the Increase Amount with respect to the Class&nbsp;A Notes, if any, on such Business Day. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Purchaser Group Invested Amount</U>&#148; means, with respect to any Purchaser Group, (a)&nbsp;when used with respect to the A&amp;R
Effective Date, such Purchaser Group&#146;s Commitment Percentage of the Class&nbsp;A Initial Invested Amount and (b)&nbsp;when used with respect to any other date, an amount equal to (i)&nbsp;the Purchaser Group Invested Amount with respect to such
Purchaser Group on the immediately preceding Business Day <U>plus</U> (ii)&nbsp;the Purchaser Group Increase Amount with respect to such Purchaser Group on such date <U>minus</U> (iii)&nbsp;the amount of principal payments made to such Purchaser
Group pursuant to Section&nbsp;3.5(f) on such date <U>plus</U> (iv)&nbsp;the amount of principal payments recovered from such Purchaser Group by a trustee as a preference payment in a bankruptcy proceeding of a Demand Note Issuer or otherwise. For
the avoidance of doubt, (x)&nbsp;so long as any Purchaser Group has failed to fund any portion of its Purchaser Group Increase Amount with respect to any Increase Date (including any Delayed Amount), such unfunded amount shall not be included in the
Purchaser Group Invested Amount for such Purchaser Group unless and until such amount has been funded (including by Funding any Delayed Funding Reimbursement Amount, if applicable) and (y)&nbsp;any Delayed Amounts funded on an Increase Date by a <FONT
STYLE="white-space:nowrap">Non-Delayed</FONT> Funding Purchaser Group shall be included in the Purchaser Group Invested Amount for such <FONT STYLE="white-space:nowrap">Non-Delayed</FONT> Funding Purchaser Group until the related Delayed Funding
Reimbursement Amount has been funded. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Purchaser Group Supplement</U>&#148; is defined in Section&nbsp;11.1(e). </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">30 </P>

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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Qualified Interest Rate Cap Counterparty</U>&#148; means a counterparty to a Series
<FONT STYLE="white-space:nowrap">2010-6</FONT> Interest Rate Cap that is a bank, other financial institution or Person which has, or has all of its obligations under its Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Interest Rate Cap
guaranteed by a Person that has a long-term senior, unsecured debt, deposit, claims paying or credit (as the case may be) rating of at least &#147;BBB&#148; from DBRS, a long-term senior unsecured debt, deposit, claims paying or credit (as the case
may be) rating of at least &#147;Baa2&#148; from Moody&#146;s or a long-term senior unsecured debt, deposit, claims paying or credit (as the case may be) rating of at least &#147;BBB&#148; from Standard&nbsp;&amp; Poor&#146;s. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Record Date</U>&#148; means, with respect to each Distribution Date, the immediately preceding Business Day. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Reference Banks</U>&#148; means four major banks in the London interbank market selected by the Administrative Agent. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Reference Time</U>&#148; with respect to any setting of the then-current Benchmark means (1)&nbsp;if such Benchmark is the LIBO Rate,
the time set forth in the definition thereof, and (2)&nbsp;if such Benchmark is not the LIBO Rate, the time determined by the Administrative Agent in its reasonable discretion. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Related Additional APA Banks</U>&#148; is defined in Section&nbsp;2.6(e). </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Related <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser</U>&#148; means, with respect to any <FONT
STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser Group, the <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser that constitutes such <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser Group. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Related Purchaser Group</U>&#148; means, with respect to (a)&nbsp;any Funding Agent, each CP Conduit Purchaser identified next to
such Funding Agent on Schedule I and each APA Bank identified on Schedule I next to such CP Conduit Purchaser or CP Conduit Purchasers, as applicable, or the CP Conduit Purchaser or CP Conduit Purchasers and APA Bank party to the Purchaser Group
Supplement pursuant to which such Funding Agent became a party to this Supplement, (b)&nbsp;any CP Conduit Purchaser, the CP Conduit Purchaser Group of which such CP Conduit Purchaser is a member and (c)&nbsp;any
<FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser, the <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser Group that such <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser constitutes. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Relevant Governmental Body</U>&#148; means the Board and/or the NYFRB, or a committee officially endorsed or convened by the Board
and/or the NYFRB, or, in each case, any successor thereto. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Replacement Credit Agreement</U>&#148; means any credit agreement or
similar facility entered into by Avis Budget Holdings, LLC, ABCR and/or any affiliate of either entity, that refinances or replaces the Credit Agreement, as such Replacement Credit Agreement may be amended, restated, modified, supplemented or waived
from time to time in accordance with its terms. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Requisite Noteholders</U>&#148; means Purchaser Groups having Commitment
Percentages aggregating more than 50% (or if all Commitments have terminated, Purchaser Groups whose aggregate Purchaser Group Invested Amounts exceed 50% of the Series <FONT STYLE="white-space:nowrap">2010-6</FONT>
</P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">31 </P>

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Invested Amount); <U>provided</U>, <U>however</U>, that on any date on which there are fewer than three Purchaser Groups (solely for the purposes of this proviso, Purchaser Groups members of
which are Affiliates of members of another Purchaser Group shall be deemed to be one Purchaser Group), &#147;Requisite Noteholders&#148; shall mean all Purchaser Groups, collectively. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Resolution Authority</U>&#148; means an EEA Resolution Authority or, with respect to any UK Financial Institution, a UK Resolution
Authority. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Retained Interest</U>&#148; means a material net economic interest in the form of the retention of the first loss
tranche (within the meaning of paragraph 3(d) of Article 6 of the Securitisation Regulations) by way of holding Class&nbsp;R Notes with a Class&nbsp;R Invested Amount of not less than 5% of the Retention Basis Amount. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Retention Basis Amount</U>&#148; means the nominal value of the Collateral that will be secured under the Indenture as a result of
the Issuer&#146;s use of the proceeds from the issuance of the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Notes. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Retention Test</U>&#148; means a test that will be satisfied if as of (x)&nbsp;the A&amp;R Effective Date, the Class&nbsp;R Initial
Invested Amount equals or exceeds 5.21% of the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Invested Amount (after giving effect to the funding of the Class&nbsp;A Notes and the Class&nbsp;R Notes on the Series <FONT
STYLE="white-space:nowrap">2010-6</FONT> Closing Date) and (y)&nbsp;any Increase Date, the Class&nbsp;R Invested Amount equals or exceeds the higher of (1) 5.21% of the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Invested Amount (after
giving effect to the funding of Class&nbsp;A Notes and Class&nbsp;R Notes on such Increase Date) and (2)&nbsp;the amount determined by the Administrator that is required to maintain compliance with the U.S. Risk Retention Rules. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Sanctions</U>&#148; means all economic or financial sanctions or trade embargoes imposed, administered or enforced from time to time
by (a)&nbsp;the U.S. government, including those administered by the Office of Foreign Assets Control of the U.S. Department of the Treasury or the U.S. Department of State, or (b)&nbsp;the United Nations Security Council, the European Union, any
European Union member state, Her Majesty&#146;s Treasury of the United Kingdom or other relevant sanctions authority. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Sanctioned
Country</U>&#148; means at any time, a country, region or territory which is itself the subject or target of any Sanctions (including Cuba, Iran, North Korea, Syria, Venezuela and the Crimea region of Ukraine). </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Sanctioned Person</U>&#148; means at any time, (a)&nbsp;any Person listed in any Sanctions-related list of designated Persons
maintained by the Office of Foreign Assets Control of the U.S. Department of the Treasury, the U.S. Department of State, or by the United Nations Security Council, the European Union, any European Union member state, Her Majesty&#146;s Treasury of
the United Kingdom or other relevant sanctions authority, (b)&nbsp;any Person operating, organized or resident in a Sanctioned Country or (c)&nbsp;any Person owned or controlled by any such Person or Persons described in the foregoing clauses
(a)&nbsp;or (b). </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Scheduled Expiry Date</U>&#148; means, with respect to any Purchaser Group, March&nbsp;31, 2023, as such date
may be extended in accordance with Section&nbsp;2.6(b). </P>
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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Securitisation Regulations</U>&#148; means the EU Securitisation Regulation and the
U.K. Securitisation Regulation. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Selected Fleet Market Value</U>&#148; means, with respect to all Adjusted Program Vehicles and
all <FONT STYLE="white-space:nowrap">Non-Program</FONT> Vehicles (excluding (i)&nbsp;any Unaccepted Program Vehicles, (ii)&nbsp;any Excluded Redesignated Vehicles and (iii)&nbsp;any other <FONT STYLE="white-space:nowrap">Non-Program</FONT> Vehicles
that are subject to a Manufacturer Program with an Eligible <FONT STYLE="white-space:nowrap">Non-Program</FONT> Manufacturer with respect to which no Manufacturer Event of Default has occurred and is continuing) as of any date of determination, the
sum of the respective Market Values of each such Adjusted Program Vehicle and each such <FONT STYLE="white-space:nowrap">Non-Program</FONT> Vehicle, in each case subject to the AESOP I Operating Lease or the Finance Lease as of such date. For
purposes of computing the Selected Fleet Market Value, the &#147;Market Value&#148; of an Adjusted Program Vehicle or a <FONT STYLE="white-space:nowrap">Non-Program</FONT> Vehicle means the market value of such Vehicle as specified in the most
recently published NADA Guide for the model class and model year of such Vehicle based on the average equipment and the average mileage of each Vehicle of such model class and model year then leased under the AESOP I Operating Lease and the Finance
Lease; <U>provided</U>, that if the NADA Guide is not being published or the NADA Guide is being published but such Vehicle is not included therein, the Market Value of such Vehicle shall be based on the market value specified in the most recently
published Finance Guide for the model class and model year of such Vehicle based on the average equipment and the average mileage of each Vehicle of such model class and model year then leased under the AESOP I Operating Lease or the Finance Lease;
<U>provided</U>, <U>further</U>, that if the Finance Guide is being published but such Vehicle is not included therein, the Market Value of such Vehicle shall mean (x)&nbsp;in the case of an Adjusted Program Vehicle, the Adjusted Net Book Value of
such Adjusted Program Vehicle and (y)&nbsp;in the case of a <FONT STYLE="white-space:nowrap">Non-Program</FONT> Vehicle, the Net Book Value of such <FONT STYLE="white-space:nowrap">Non-Program</FONT> Vehicle <U>provided</U>, <U>further</U>, that if
the Finance Guide is not being published, the Market Value of such Vehicle shall be based on an independent third-party data source selected by the Administrator and approved by each Rating Agency that is rating any Series of Notes at the request of
ABRCF based on the average equipment and average mileage of each Vehicle of such model class and model year then leased under the AESOP I Operating Lease or the Finance Lease; <U>provided</U>, <U>further</U>, that if no such third-party data source
or methodology shall have been so approved or any such third-party data source or methodology is not available, the Market Value of such Vehicle shall be equal to a reasonable estimate of the wholesale market value of such Vehicle as determined by
the Administrator, based on the Net Book Value of such Vehicle and any other factors deemed relevant by the Administrator. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Senior Monthly Funding Costs</U>&#148; means, with respect to each Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Interest
Period and any Purchaser Group, the excess of (a)&nbsp;the Monthly Funding Costs over (b)&nbsp;the Contingent Monthly Funding Costs, in each case, with respect to such Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Interest Period and such
Purchaser Group. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Accrued Interest Account</U>&#148; is defined in
Section&nbsp;3.1(b). </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2010-6</FONT> AESOP I Operating Lease Loan Agreement Borrowing
Base</U>&#148; means, as of any date of determination, the product of (a)&nbsp;the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> AESOP I Operating Lease Vehicle Percentage as of such date and (b)&nbsp;the excess of (i)&nbsp;the AESOP I
Operating Lease Loan Agreement Borrowing Base as of such date <U>over</U> (ii)&nbsp;the DBRS Excluded Manufacturer Amount as of such date. </P>
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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2010-6</FONT> AESOP I Operating Lease
Vehicle Percentage</U>&#148; means, as of any date of determination, a fraction, expressed as a percentage (which percentage shall never exceed 100%), the numerator of which is the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Required AESOP
I Operating Lease Vehicle Amount as of such date and the denominator of which is the sum of the Required AESOP I Operating Lease Vehicle Amounts for all Series of Notes as of such date. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Agent</U>&#148; is defined in the recitals hereto. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Allocated Cash Amount</U>&#148; means, as of any date of determination, an
amount equal to (x)&nbsp;all cash on deposit in the Collection Account as of such date <I>times</I> (y)&nbsp;the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Invested Percentage (calculated with respect to Principal Collections) as of such
date. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Allocated Multi-Series Letter of Credit Amount</U>&#148; means, as
of any date of determination, the lesser of (a)&nbsp;the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Allocated Multi-Series Letter of Credit Liquidity Amount on such date and (b)&nbsp;the aggregate outstanding principal amount of the
Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Demand Notes on such date. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series
<FONT STYLE="white-space:nowrap">2010-6</FONT> Allocated Multi-Series Letter of Credit Liquidity Amount</U>&#148; means, as of any date of determination, the sum of (a)&nbsp;the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Applicable
Multi-Series L/C Amount as of such date under each Multi-Series Letters of Credit on which no draw has been made pursuant to Section&nbsp;3.8(c), and (b)&nbsp;if the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Cash Collateral Account has
been established and funded pursuant to Section&nbsp;3.8, the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Available Cash Collateral Account Amount on such date. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Applicable Multi-Series L/C Amount</U>&#148; means, as of any date of
determination, an amount equal to the sum, for each Multi-Series Letter of Credit, of (1)&nbsp;the aggregate amount available to be drawn on such date under such Multi-Series Letter of Credit <I>times</I> (2)&nbsp;an amount (expressed as a
percentage) equal to the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Required Liquidity Amount divided by &#147;Required Liquidity Amount&#148; for each applicable Series for which such Multi-Series Letter of Credit is providing credit
enhancement. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Available Cash Collateral Account Amount</U>&#148; means, as
of any date of determination, the amount on deposit in the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Cash Collateral Account (after giving effect to any deposits thereto and withdrawals and releases therefrom on such date). </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Available Reserve Account Amount</U>&#148; means, as of any date of
determination, the amount on deposit in the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Reserve Account (after giving effect to any deposits thereto and withdrawals and releases therefrom on such date). </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Cash Collateral Account</U>&#148; is defined in Section&nbsp;3.8(e). </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Cash Collateral Account Collateral</U>&#148; is defined in Section&nbsp;3.8(a).
</P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Cash Collateral Account Surplus</U>&#148; means, with respect to any
Distribution Date, the lesser of (a)&nbsp;the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Available Cash Collateral Account Amount and (b)&nbsp;the lesser of (A)&nbsp;the excess, if any, of the Series
<FONT STYLE="white-space:nowrap">2010-6</FONT> Liquidity Amount (after giving effect to any withdrawal from the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Reserve Account on such Distribution Date)
</P>
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over the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Required Liquidity Amount on such Distribution Date and (B)&nbsp;the excess, if any, of the Series
<FONT STYLE="white-space:nowrap">2010-6</FONT> Enhancement Amount (after giving effect to any withdrawal from the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Reserve Account on such Distribution Date) over the Series <FONT
STYLE="white-space:nowrap">2010-6</FONT> Required Enhancement Amount on such Distribution Date; <U>provided</U>, <U>however</U>, that, on any date after the Multi-Series Letter of Credit Termination Date, the Series
<FONT STYLE="white-space:nowrap">2010-6</FONT> Cash Collateral Account Surplus shall mean the excess, if any, of (x)&nbsp;the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Available Cash Collateral Account Amount over (y)&nbsp;the Series <FONT
STYLE="white-space:nowrap">2010-6</FONT> Demand Note Payment Amount <U>minus</U><I> </I>the <FONT STYLE="white-space:nowrap">Pre-Preference</FONT> Period Demand Note Payments as of such date. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Cash Collateral Percentage</U>&#148; means, as of any date of determination,
the percentage equivalent of a fraction, the numerator of which is the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Available Cash Collateral Amount as of such date and the denominator of which is the Series
<FONT STYLE="white-space:nowrap">2010-6</FONT> Allocated Multi-Series Letter of Credit Liquidity Amount as of such date. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT
STYLE="white-space:nowrap">2010-6</FONT> Closing Date</U>&#148; means October&nbsp;22, 2010. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT
STYLE="white-space:nowrap">2010-6</FONT> Collateral</U>&#148; means the Collateral, each Multi-Series Letter of Credit, each Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Demand Note, the Series <FONT STYLE="white-space:nowrap">2010-6</FONT>
Interest Rate Cap Collateral, the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Distribution Account Collateral, the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Cash Collateral Account Collateral and the Series <FONT
STYLE="white-space:nowrap">2010-6</FONT> Reserve Account Collateral. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2010-6</FONT>
Collection Account</U>&#148; is defined in Section&nbsp;3.1(b). </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Controlled
Amortization Period</U>&#148; means the period commencing at the close of business on the Business Day immediately preceding the date on which the Scheduled Expiry Date with respect to each Purchaser Group shall have occurred and continuing to the
earliest of (i)&nbsp;the commencement of the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Rapid Amortization Period, (ii)&nbsp;the date on which the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Notes are fully paid and
(iii)&nbsp;the termination of the Indenture. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Controlled Distribution
Amount</U>&#148; means, with respect to any Related Month during the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Controlled Amortization Period, the sum of the Class&nbsp;A Controlled Distribution Amount and the Class&nbsp;R Controlled
Distribution Amount with respect to such Related Month. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2010-6</FONT> DBRS Below
Investment Grade <FONT STYLE="white-space:nowrap">Non-Program</FONT> Enhancement Rate</U>&#148; means, as of any date of determination, the sum of (a) 36.25%, (b) the greater of (x)&nbsp;the highest, for any calendar month within the preceding
twelve calendar months, of an amount (not less than zero) equal to 100% <U>minus</U> the Measurement Month Average for the immediately preceding Measurement Month and (y)&nbsp;the highest, for any calendar month within the preceding three calendar
months, of an amount (not less than zero) equal to 100% <U>minus</U> the Market Value Average as of the Determination Date within such calendar month (excluding the Market Value Average for any Determination Date which has not yet occurred) and
(c)&nbsp;if the <FONT STYLE="white-space:nowrap">Non-Program</FONT> Vehicle Amount exceeds the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Maximum <FONT STYLE="white-space:nowrap">Non-Program</FONT> Vehicle Amount as of such date of
determination, 1.00%. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2010-6</FONT> DBRS Below Investment Grade <FONT
STYLE="white-space:nowrap">Non-Program</FONT> Vehicle Percentage</U>&#148; means as of any date of determination, a fraction, expressed as a percentage, (a)&nbsp;the numerator of which is the excess of (x)&nbsp;the aggregate Net Book Value of all <FONT
STYLE="white-space:nowrap">Non-Program</FONT> </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">35 </P>

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Vehicles leased under the AESOP I Operating Lease or the AESOP II Operating Lease that were manufactured by a Manufacturer that does not have a <FONT STYLE="white-space:nowrap">long-term</FONT>
senior unsecured debt rating from DBRS (or, if such Manufacturer is not rated by DBRS, a DBRS Equivalent Rating) of at least &#147;BBB (low)&#148; over (y)&nbsp;the aggregate Net Book Value of all the
<FONT STYLE="white-space:nowrap">Non-Program</FONT> Vehicles included in the numerator of the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> DBRS Below Investment Grade Program Vehicle Percentage as of such date of determination (b)&nbsp;the
denominator of which is the aggregate Net Book Value of all Vehicles leased under the AESOP I Operating Lease or the AESOP II Operating Lease as of such date. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2010-6</FONT> DBRS Below Investment Grade Program Enhancement Rate</U>&#148; means, as of any
date of determination, 36.25%. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2010-6</FONT> DBRS Below Investment Grade Program Vehicle
Percentage</U>&#148; means, as of any date of determination, a fraction, expressed as a percentage, (a)&nbsp;the numerator of which is the sum, without duplication, of (1)&nbsp;the aggregate Net Book Value of all Program Vehicles leased under the
AESOP I Operating Lease or the AESOP II Operating Lease that were manufactured by an Eligible Program Manufacturer that does not have a <FONT STYLE="white-space:nowrap">long-term</FONT> senior unsecured debt rating from DBRS (or, if such
Manufacturer is not rated by DBRS, a DBRS Equivalent Rating) of at least &#147;BBB (low)&#148; and (2)&nbsp;so long as no Manufacturer Event of Default has occurred and is continuing with respect to such Eligible
<FONT STYLE="white-space:nowrap">Non-Program</FONT> Manufacturer, the aggregate Net Book Value of all <FONT STYLE="white-space:nowrap">Non-Program</FONT> Vehicles leased under the AESOP I Operating Lease or the AESOP II Operating Lease that
(i)&nbsp;were manufactured by an Eligible <FONT STYLE="white-space:nowrap">Non-Program</FONT> Manufacturer that does not have a long-term senior unsecured debt rating from DBRS (or, if such Manufacturer is not rated by DBRS, a DBRS Equivalent
Rating) of at least &#147;BBB (low)&#148; and (ii)&nbsp;are subject to a Manufacturer Program and remain eligible for repurchase thereunder as of such date and (b)&nbsp;the denominator of which is the aggregate Net Book Value of all Vehicles leased
under the AESOP I Operating Lease or the AESOP II Operating Lease as of such date. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series
<FONT STYLE="white-space:nowrap">2010-6</FONT> DBRS Investment Grade <FONT STYLE="white-space:nowrap">Non-Program</FONT> Enhancement Rate</U>&#148; means, as of any date of determination, the sum of (a) 27.25%, (b) the greater of (x)&nbsp;the
highest, for any calendar month within the preceding twelve calendar months, of an amount (not less than zero) equal to 100% <U>minus</U> the Measurement Month Average for the immediately preceding Measurement Month and (y)&nbsp;the highest, for any
calendar month within the preceding three calendar months, of an amount (not less than zero) equal to 100% <U>minus</U> the Market Value Average as of the Determination Date within such calendar month (excluding the Market Value Average for any
Determination Date which has not yet occurred) and (c)&nbsp;if the <FONT STYLE="white-space:nowrap">Non-Program</FONT> Vehicle Amount exceeds the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Maximum
<FONT STYLE="white-space:nowrap">Non-Program</FONT> Vehicle Amount as of such date of determination, 1.00%. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT
STYLE="white-space:nowrap">2010-6</FONT> DBRS Investment Grade <FONT STYLE="white-space:nowrap">Non-Program</FONT> Vehicle Percentage</U>&#148; means as of any date of determination, a fraction, expressed as a percentage, (a)&nbsp;the numerator of
which is the excess of (x)&nbsp;the aggregate Net Book Value of all <FONT STYLE="white-space:nowrap">Non-Program</FONT> Vehicles leased under the AESOP I Operating Lease or the AESOP II Operating Lease that were manufactured by a Manufacturer that
has a <FONT STYLE="white-space:nowrap">long-term</FONT> senior unsecured debt rating from DBRS (or, if such Manufacturer is not rated by DBRS, a DBRS Equivalent Rating) of &#147;BBB (low)&#148; or higher over (y)&nbsp;the aggregate Net Book Value of
all the <FONT STYLE="white-space:nowrap">Non-Program</FONT> Vehicles included in the numerator of the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> DBRS Investment Grade Program Vehicle Percentage as of such date of determination and
(b)&nbsp;the denominator of which is the aggregate Net Book Value of all Vehicles leased under the AESOP I Operating Lease or the AESOP II Operating Lease as of such date. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">36 </P>

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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2010-6</FONT> DBRS Investment Grade Program
Enhancement Rate</U>&#148; means, as of any date of determination, 13.25%. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2010-6</FONT>
DBRS Investment Grade Program Vehicle Percentage</U>&#148; means, as of any date of determination, a fraction, expressed as a percentage, (a)&nbsp;the numerator of which is the sum, without duplication, of (1)&nbsp;the aggregate Net Book Value of
all Program Vehicles leased under the AESOP I Operating Lease or the AESOP II Operating Lease that were manufactured by an Eligible Program Manufacturer that has a <FONT STYLE="white-space:nowrap">long-term</FONT> senior unsecured debt rating from
DBRS (or, if such Manufacturer is not rated by DBRS, a DBRS Equivalent Rating) of &#147;BBB (low)&#148; or higher and (2)&nbsp;so long as no Manufacturer Event of Default has occurred and is continuing with respect to such Eligible <FONT
STYLE="white-space:nowrap">Non-Program</FONT> Manufacturer, the aggregate Net Book Value of all <FONT STYLE="white-space:nowrap">Non-Program</FONT> Vehicles leased under the AESOP I Operating Lease or the AESOP II Operating Lease that (i)&nbsp;were
manufactured by an Eligible <FONT STYLE="white-space:nowrap">Non-Program</FONT> Manufacturer that has a long-term senior unsecured debt rating from DBRS (or, if such Manufacturer is not rated by DBRS, a DBRS Equivalent Rating) of &#147;BBB
(low)&#148; or higher and (ii)&nbsp;are subject to a Manufacturer Program and remain eligible for repurchase thereunder as of such date and (b)&nbsp;the denominator of which is the aggregate Net Book Value of all Vehicles leased under the AESOP I
Operating Lease or the AESOP II Operating Lease as of such date. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2010-6</FONT> DBRS
Required Enhancement Percentage</U>&#148; means, as of any date of determination, the sum of (i)&nbsp;the product of (A)&nbsp;the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> DBRS Investment Grade Program Enhancement Rate as of such date
and (B)&nbsp;the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> DBRS Investment Grade Program Vehicle Percentage as of such date, (ii)&nbsp;the product of (A)&nbsp;the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> DBRS Investment
Grade <FONT STYLE="white-space:nowrap">Non-Program</FONT> Enhancement Rate as of such date and (B)&nbsp;the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> DBRS Investment Grade <FONT STYLE="white-space:nowrap">Non-Program</FONT> Vehicle
Percentage as of such date, (iii)&nbsp;the product of (A)&nbsp;the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> DBRS Below Investment Grade Program Enhancement Rate as of such date and (B)&nbsp;the Series
<FONT STYLE="white-space:nowrap">2010-6</FONT> Below Investment Grade Program Vehicle Percentage as of such date, and (iv)&nbsp;the product of (A)&nbsp;the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> DBRS Below Investment Grade <FONT
STYLE="white-space:nowrap">Non-Program</FONT> Enhancement Rate as of such date and (B)&nbsp;the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> DBRS Below Investment Grade <FONT STYLE="white-space:nowrap">Non-Program</FONT> Vehicle Percentage
as of such date. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Demand Note</U>&#148; means each demand note made by a
Demand Note Issuer, substantially in the form of <U>Exhibit D</U> as amended, modified or restated from time to time. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT
STYLE="white-space:nowrap">2010-6</FONT> Demand Note Payment Amount</U>&#148; means, as of the Multi-Series Letter of Credit Termination Date, the aggregate amount of all proceeds of demands made on the Series
<FONT STYLE="white-space:nowrap">2010-6</FONT> Demand Notes pursuant to Section&nbsp;3.5(c)(iii) or 3.5(d)(ii) that were deposited into the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Distribution Account and paid to the Series <FONT
STYLE="white-space:nowrap">2010-6</FONT> Noteholders during the <FONT STYLE="white-space:nowrap">one-year</FONT> period ending on the Multi-Series Letter of Credit Termination Date; <U>provided</U>, <U>however</U>, that if an Event of Bankruptcy (or
the occurrence of an event described in clause (a)&nbsp;of the definition thereof, without the lapse of a period of 60 consecutive days) with respect to a Demand Note Issuer shall have occurred during such
<FONT STYLE="white-space:nowrap">one-year</FONT> period, the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Demand Note Payment Amount as of the Multi-Series Letter of Credit Termination Date shall equal the Series <FONT
STYLE="white-space:nowrap">2010-6</FONT> Demand Note Payment Amount as if it were calculated as of the date of such occurrence. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">37 </P>

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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Deposit Date</U>&#148; is
defined in Section&nbsp;3.2. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Distribution Account</U>&#148; is defined in
Section&nbsp;3.9(a). </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Distribution Account Collateral</U>&#148; is defined
in Section&nbsp;3.9(d). </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Documents</U>&#148; means each of this Supplement,
the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Notes, the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Interest Rate Cap, the Fee Letter, the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Demand Notes, the Multi-Series
Letters of Credit and any other related documents executed in connection with an issuance of the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Notes or activities related thereto. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Eligible Letter of Credit Provider</U>&#148; means a Person satisfactory to
ABCR and the Demand Note Issuers and having, at the time of the issuance of the related Multi-Series Letter of Credit, a long-term senior unsecured debt, deposit, claims paying or credit (as the case may be) rating of at least &#147;BBB&#148; from
DBRS, a long-term senior unsecured debt, deposit, claims paying or credit (as the case may be) rating of at least &#147;Baa2&#148; from Moody&#146;s or a long-term senior unsecured debt, deposit, claims paying or credit (as the case may be) rating
of at least &#147;BBB&#148; from Standard&nbsp;&amp; Poor&#146;s; <U>provided</U> that if a Person is not a Multi-Series Letter of Credit Provider (or a letter of credit provider under the Supplement for any other Series of Notes), then such Person
shall not be a Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Eligible Letter of Credit Provider until ABCR has provided 10 days&#146; prior notice to the Rating Agencies, Standard&nbsp;&amp; Poor&#146;s, Moody&#146;s and the Administrative
Agent that such a Person has been proposed as a Multi-Series Letter of Credit Provider. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series
<FONT STYLE="white-space:nowrap">2010-6</FONT> Enhancement</U>&#148; means the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Cash Collateral Account Collateral, the Multi-Series Letters of Credit, the Series
<FONT STYLE="white-space:nowrap">2010-6</FONT> Demand Notes, the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Overcollateralization Amount and the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Reserve Account Amount. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Enhancement Amount</U>&#148; means, as of any date of determination, the sum of
(i)&nbsp;the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Overcollateralization Amount as of such date, (ii)&nbsp;the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Allocated Multi-Series Letter of Credit Amount as of such date,
(iii)&nbsp;the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Available Reserve Account Amount as of such date and (iv)&nbsp;the amount of cash and Permitted Investments on deposit in the Series <FONT STYLE="white-space:nowrap">2010-6</FONT>
Collection Account (not including amounts allocable to the <FONT STYLE="white-space:nowrap">Series&nbsp;2010-6</FONT> Accrued Interest Account) and the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Excess Collection Account as of such date.
</P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Enhancement Deficiency</U>&#148; means, on any date of determination, the
amount by which the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Enhancement Amount is less than the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Required Enhancement Amount as of such date. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Excess Collection Account</U>&#148; is defined in Section&nbsp;3.1(b). </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Expected Final Distribution Date</U>&#148; means the Distribution Date falling
in the fourth calendar month after the calendar month in which the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Revolving Period ends. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">38 </P>

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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Incremental Enhancement
Amount</U>&#148; means, as of any date of determination, the sum of: </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:5%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(i) the greater of (x)&nbsp;the Series <FONT
STYLE="white-space:nowrap">2010-6</FONT> Percentage of the excess, if any, of the aggregate Net Book Value of all Vehicles manufactured by Mitsubishi and leased under the Leases as of the immediately preceding Business Day over the Series <FONT
STYLE="white-space:nowrap">2010-6</FONT> Maximum Mitsubishi Amount as of the immediately preceding Business Day and (y)&nbsp;the excess, if any, of (A)&nbsp;the sum of (1)&nbsp;the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> VFN Percentage
of the aggregate Net Book Value of all Vehicles manufactured by Mitsubishi and leased under the AESOP II Operating Lease as of the immediately preceding Business Day and (2)&nbsp;the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> AESOP I
Operating Lease Vehicle Percentage of the Net Book Value of all Vehicles manufactured by Mitsubishi and leased under the AESOP I Operating Lease as of the immediately preceding Business Day over (B) 10% of&nbsp;the sum of (1)&nbsp;the Series <FONT
STYLE="white-space:nowrap">2010-6</FONT> VFN Percentage of the Net Book Value of all Vehicles leased under the AESOP II Operating Lease as of the immediately preceding Business Day and (2)&nbsp;the Series
<FONT STYLE="white-space:nowrap">2010-6</FONT> AESOP I Operating Lease Vehicle Percentage of the Net Book Value of all Vehicles leased under the AESOP I Operating Lease as of the immediately preceding Business Day; </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:5%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(ii) the greater of (x)&nbsp;the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Percentage of the excess, if any, of the
aggregate Net Book Value of all Vehicles manufactured by Isuzu or Subaru, individually, and leased under the Leases as of the immediately preceding Business Day over the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Maximum Individual
Isuzu/Subaru Amount as of the immediately preceding Business Day and (y)&nbsp;the excess, if any, of (A)&nbsp;the sum of (1)&nbsp;the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> VFN Percentage of the aggregate Net Book Value of all
Vehicles manufactured by Isuzu or Subaru, individually, and leased under the AESOP II Operating Lease as of the immediately preceding Business Day and (2)&nbsp;the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> AESOP I Operating Lease Vehicle
Percentage of the Net Book Value of all Vehicles manufactured by Isuzu or Subaru, individually, and leased under the AESOP I Operating Lease as of the immediately preceding Business Day over (B) 5% of the sum of (1)&nbsp;the Series <FONT
STYLE="white-space:nowrap">2010-6</FONT> VFN Percentage of the Net Book Value of all Vehicles leased under the AESOP II Operating Lease as of the immediately preceding Business Day and (2)&nbsp;the Series
<FONT STYLE="white-space:nowrap">2010-6</FONT> AESOP I Operating Lease Vehicle Percentage of the Net Book Value of all Vehicles leased under the AESOP I Operating Lease as of the immediately preceding Business Day; </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:5%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(iii) the greater of (x)&nbsp;the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Percentage of the excess, if any, of
the aggregate Net Book Value of all Vehicles manufactured by Hyundai and leased under the Leases as of the immediately preceding Business Day over the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Maximum Hyundai Amount as of the immediately
preceding Business Day and (y)&nbsp;the excess, if any, of (A)&nbsp;the sum of (1)&nbsp;the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> VFN Percentage of the aggregate Net Book Value of all Vehicles manufactured by Hyundai and leased under
the AESOP II Operating Lease as of the immediately preceding Business Day and (2)&nbsp;the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> AESOP I Operating Lease Vehicle Percentage of the Net Book Value of all Vehicles manufactured by Hyundai
and leased under the AESOP I Operating Lease as of the immediately preceding Business Day over (B) 20% of the sum of (1)&nbsp;the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> VFN Percentage of the Net Book Value of all Vehicles leased under
the AESOP II Operating Lease as of the immediately preceding Business Day and (2)&nbsp;the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> AESOP I Operating Lease Vehicle Percentage of the Net Book Value of all Vehicles leased under the AESOP
I Operating Lease as of the immediately preceding Business Day; </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">39 </P>

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 <P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:5%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(iv) the greater of (x)&nbsp;the Series
<FONT STYLE="white-space:nowrap">2010-6</FONT> Percentage of the excess, if any, of the aggregate Net Book Value of all Vehicles manufactured by Suzuki and leased under the Leases as of the immediately preceding Business Day over the Series <FONT
STYLE="white-space:nowrap">2010-6</FONT> Maximum Suzuki Amount as of the immediately preceding Business Day and (y)&nbsp;the excess, if any, of (A)&nbsp;the sum of (1)&nbsp;the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> VFN Percentage of
the aggregate Net Book Value of all Vehicles manufactured by Suzuki and leased under the AESOP II Operating Lease as of the immediately preceding Business Day and (2)&nbsp;the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> AESOP I Operating
Lease Vehicle Percentage of the Net Book Value of all Vehicles manufactured by Suzuki and leased under the AESOP I Operating Lease as of the immediately preceding Business Day over (B) 7.5% of the sum of (1)&nbsp;the Series <FONT
STYLE="white-space:nowrap">2010-6</FONT> VFN Percentage of the Net Book Value of all Vehicles leased under the AESOP II Operating Lease as of the immediately preceding Business Day and (2)&nbsp;the Series
<FONT STYLE="white-space:nowrap">2010-6</FONT> AESOP I Operating Lease Vehicle Percentage of the Net Book Value of all Vehicles leased under the AESOP I Operating Lease as of the immediately preceding Business Day; </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:5%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(v) the greater of (x)&nbsp;the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Percentage of the excess, if any, of the
aggregate Net Book Value of all Vehicles manufactured by Kia and leased under the Leases as of the immediately preceding Business Day over the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Maximum Kia Amount as of the immediately preceding
Business Day and (y)&nbsp;the excess, if any, of (A)&nbsp;the sum of (1)&nbsp;the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> VFN Percentage of the aggregate Net Book Value of all Vehicles manufactured by Kia and leased under the AESOP II
Operating Lease as of the immediately preceding Business Day and (2)&nbsp;the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> AESOP I Operating Lease Vehicle Percentage of the Net Book Value of all Vehicles manufactured by Kia and leased under
the AESOP I Operating Lease as of the immediately preceding Business Day over (B) 10% of the sum of (1)&nbsp;the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> VFN Percentage of the Net Book Value of all Vehicles leased under the AESOP II
Operating Lease as of the immediately preceding Business Day and (2)&nbsp;the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> AESOP I Operating Lease Vehicle Percentage of the Net Book Value of all Vehicles leased under the AESOP I Operating
Lease as of the immediately preceding Business Day; </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:5%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(vi) the greater of (x)&nbsp;the Series
<FONT STYLE="white-space:nowrap">2010-6</FONT> Percentage of the excess, if any, of the Specified States Amount as of the immediately preceding Business Day over the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Maximum Specified States
Amount as of the immediately preceding Business Day and (y)&nbsp;the excess, if any, of (A)&nbsp;the sum of (1)&nbsp;the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> VFN Percentage of the Net Book Value of all Vehicles titled in the States
of Ohio, Oklahoma, and Nebraska and leased under the AESOP II Operating Lease as of the immediately preceding Business Day and (2)&nbsp;the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> AESOP I Operating Lease Vehicle
</P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">40 </P>

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 <P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:5%; font-size:10pt; font-family:Times New Roman">
Percentage of the Net Book Value of all Vehicles titled in the States of Ohio, Oklahoma and Nebraska and leased under the AESOP I Operating Lease as of the immediately preceding Business Day over
(B) 7.5% of the sum of (1)&nbsp;the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> VFN Percentage of the Net Book Value of all Vehicles leased under the AESOP II Operating Lease as of the immediately preceding Business Day and (2)&nbsp;the
Series <FONT STYLE="white-space:nowrap">2010-6</FONT> AESOP I Operating Lease Vehicle Percentage of the Net Book Value of all Vehicles leased under the AESOP I Operating Lease as of the immediately preceding Business Day; </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:5%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(vii) the greater of (x)&nbsp;the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Percentage of the excess, if any, of
the <FONT STYLE="white-space:nowrap">Non-Eligible</FONT> Manufacturer Amount as of the immediately preceding Business Day over the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Maximum <FONT STYLE="white-space:nowrap">Non-Eligible</FONT>
Manufacturer Amount as of the immediately preceding Business Day and (y)&nbsp;the excess, if any, of (A)&nbsp;the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> AESOP I Operating Lease Vehicle Percentage of the Net Book Value of all Vehicles
manufactured by Manufacturers other than Eligible <FONT STYLE="white-space:nowrap">Non-Program</FONT> Manufacturers and leased under the AESOP I Operating Lease as of the immediately preceding Business Day over (B) 3% of the sum of (1)&nbsp;the
Series <FONT STYLE="white-space:nowrap">2010-6</FONT> VFN Percentage of the Net Book Value of all Vehicles leased under the AESOP II Operating Lease as of the immediately preceding Business Day and (2)&nbsp;the Series
<FONT STYLE="white-space:nowrap">2010-6</FONT> AESOP I Operating Lease Vehicle Percentage of the Net Book Value of all Vehicles leased under the AESOP I Operating Lease as of the immediately preceding Business Day; and </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:5%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(viii) the greater of (x)&nbsp;the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Percentage of the excess, if any, of
the aggregate Net Book Value of all Vehicles leased under the Leases as of the immediately preceding Business Day that were used vehicles at the time of their acquisition over the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Maximum Used
Vehicle Amount as of the immediately preceding Business Day and (y)&nbsp;the excess, if any, of (A)&nbsp;the sum of (1)&nbsp;the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> VFN Percentage of the aggregate Net Book Value of all Vehicles
leased under the AESOP II Operating Lease as of the immediately preceding Business Day that were used vehicles at the time of their acquisition and (2)&nbsp;the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> AESOP I Operating Lease Vehicle
Percentage of the Net Book Value of all Vehicles leased under the AESOP I Operating Lease as of the immediately preceding Business Day that were used vehicles at the time of their acquisition over (B) 5% of the sum of (1)&nbsp;the Series <FONT
STYLE="white-space:nowrap">2010-6</FONT> VFN Percentage of the Net Book Value of all Vehicles leased under the AESOP II Operating Lease as of the immediately preceding Business Day and (2)&nbsp;the Series
<FONT STYLE="white-space:nowrap">2010-6</FONT> AESOP I Operating Lease Vehicle Percentage of the Net Book Value of all Vehicles leased under the AESOP I Operating Lease as of the immediately preceding Business Day; </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Interest Period</U>&#148; means a period commencing on and including a
Distribution Date and ending on and including the day preceding the next succeeding Distribution Date; <U>provided</U>, <U>however</U>, that (x)&nbsp;the initial Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Interest Period shall commence on
and include the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Closing Date and end on and include November&nbsp;21, 2010 and (y)&nbsp;the initial Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Interest Period with respect to the
Class&nbsp;R Notes shall commence on and include the A&amp;R Effective Date and end on and include September&nbsp;20, 2018. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Interest Rate Cap</U>&#148; has the meaning specified in Section&nbsp;3.11(a).
</P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Interest Rate Cap Collateral</U>&#148; has the meaning specified in
Section&nbsp;3.11(c). </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">41 </P>

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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Interest Rate Cap
Proceeds</U>&#148; means the amounts received by the Trustee from an Interest Rate Cap Counterparty from time to time in respect of a Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Interest Rate Cap (including amounts received from a
guarantor or from collateral). </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Invested Amount</U>&#148; means, on any
date of determination, the sum of (i)&nbsp;the Class&nbsp;A Invested Amount and (ii)&nbsp;the Class&nbsp;R Invested Amount on such date. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Invested Percentage</U>&#148; means as of any date of determination: </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:5%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(a) when used with respect to Principal Collections, the percentage equivalent (which percentage shall never exceed 100%) of a
fraction the numerator of which shall be equal to the sum of the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Invested Amount and the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Overcollateralization Amount, determined during the
Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Revolving Period as of the end of the immediately preceding Business Day, or, during the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Rapid Amortization Period or the Series <FONT
STYLE="white-space:nowrap">2010-6</FONT> Controlled Amortization Period, as of the end of the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Revolving Period and the denominator of which shall be the greater as of the end of the immediately
preceding Business Day of (I)&nbsp;the Aggregate Asset Amount and (II)&nbsp;the sum of the numerators used to determine the invested percentages for allocations with respect to Principal Collections (for all Series of Notes and all classes of such
Series of Notes); and </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:5%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(b) when used with respect to Interest Collections, the percentage equivalent (which percentage
shall never exceed 100%) of a fraction the numerator of which shall be the Accrued Amounts with respect to the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Notes on such date of determination, and the denominator of which shall be the
aggregate Accrued Amounts with respect to all Series of Notes on such date of determination </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT
STYLE="white-space:nowrap">2010-6</FONT> Lease Interest Payment Deficit</U>&#148; means on any Distribution Date an amount equal to the excess, if any of (1)&nbsp;the excess, if any, of (a)&nbsp;the aggregate amount of Interest Collections which
pursuant to Section&nbsp;3.2(a), (b), (c) or (d)&nbsp;would have been allocated to the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Accrued Interest Account if all payments of Monthly Base Rent required to have been made under the Leases
from and excluding the preceding Distribution Date to and including such Distribution Date were made in full over (b)&nbsp;the aggregate amount of Interest Collections which pursuant to Section&nbsp;3.2(a), (b), (c) or (d)&nbsp;have been allocated
to the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Accrued Interest Account (excluding any amounts paid into the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Accrued Interest Account pursuant to the proviso in Sections 3.2(c)(ii)
and 3.2(d)(ii)) from and excluding the preceding Distribution Date to and including such Distribution Date over (2)&nbsp;the Class&nbsp;R Monthly Interest with respect to the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Interest Period
ended on the day preceding such Distribution Date. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Lease Payment
Deficit</U>&#148; means either a Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Lease Interest Payment Deficit or a Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Lease Principal Payment Deficit. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Lease Principal Payment Carryover Deficit</U>&#148; means (a)&nbsp;for the
initial Distribution Date, zero and (b)&nbsp;for any other Distribution Date, the excess of (x)&nbsp;the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Lease Principal Payment Deficit, if any, on the preceding Distribution Date <U>over</U>
(y)&nbsp;the amount deposited in the Distribution Account on such preceding Distribution Date pursuant to Section&nbsp;3.5(c) on account of such Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Lease Principal Payment Deficit. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">42 </P>

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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Lease Principal Payment
Deficit</U>&#148; means on any Distribution Date the sum of (a)&nbsp;the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Monthly Lease Principal Payment Deficit for such Distribution Date and (b)&nbsp;the Series
<FONT STYLE="white-space:nowrap">2010-6</FONT> Lease Principal Payment Carryover Deficit for such Distribution Date. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT
STYLE="white-space:nowrap">2010-6</FONT> Limited Liquidation Event of Default</U>&#148; means, so long as such event or condition continues, any event or condition of the type specified in clauses (a)&nbsp;through (i) of Article IV; <U>provided</U>,
<U>however</U>, that any event or condition of the type specified in clauses (a)&nbsp;through (i) of Article IV shall not constitute a Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Limited Liquidation Event of Default if the Trustee shall
have received the written consent of each of the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Noteholders waiving the occurrence of such Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Limited Liquidation Event of Default. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Liquidity Amount</U>&#148; means, as of any date of determination, the sum of
(a)&nbsp;the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Allocated Multi-Series Letter of Credit Liquidity Amount on such date and (b)&nbsp;the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Available Reserve Account Amount on such
date. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Maximum Amount</U>&#148; means any of the Series <FONT
STYLE="white-space:nowrap">2010-6</FONT> Maximum Manufacturer Amounts, the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Maximum <FONT STYLE="white-space:nowrap">Non-Eligible</FONT> Manufacturer Amount, the Series <FONT
STYLE="white-space:nowrap">2010-6</FONT> Maximum <FONT STYLE="white-space:nowrap">Non-Program</FONT> Vehicle Amount, the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Maximum Specified States Amount or the Series <FONT
STYLE="white-space:nowrap">2010-6</FONT> Maximum Used Vehicle Amount. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2010-6</FONT>
Maximum Hyundai Amount</U>&#148; means, as of any day, an amount equal to 20% of the aggregate Net Book Value of all Vehicles leased under the Leases on such day. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Maximum Individual Isuzu/Subaru Amount</U>&#148; means, as of any day, with
respect to Isuzu or Subaru individually, an amount equal to 5% of the aggregate Net Book Value of all Vehicles leased under the Leases on such day. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Maximum Invested Amount</U>&#148; means, on any date of determination, the sum
of (i)&nbsp;the Class&nbsp;A Maximum Purchaser Group Invested Amount and (ii)&nbsp;the Class&nbsp;R Maximum Invested Amount on such date. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Maximum Kia Amount</U>&#148; means, as of any day, an amount equal to 10% of
the aggregate Net Book Value of all Vehicles leased under the Leases on such day. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series
<FONT STYLE="white-space:nowrap">2010-6</FONT> Maximum Manufacturer Amount</U>&#148; means, as of any day, any of the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Maximum Mitsubishi Amount, the Series
<FONT STYLE="white-space:nowrap">2010-6</FONT> Maximum Individual Isuzu/Subaru Amount, the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Maximum Hyundai Amount, the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Maximum Kia Amount or
the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Maximum Suzuki Amount. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series
<FONT STYLE="white-space:nowrap">2010-6</FONT> Maximum Mitsubishi Amount</U>&#148; means, as of any day, an amount equal to 10% of the aggregate Net Book Value of all Vehicles leased under the Leases on such day. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">43 </P>

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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Maximum <FONT
STYLE="white-space:nowrap">Non-Eligible</FONT> Manufacturer Amount</U>&#148; means, as of any day, an amount equal to 3% of the aggregate Net Book Value of all Vehicles leased under the Leases on such day. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Maximum <FONT STYLE="white-space:nowrap">Non-Program</FONT> Vehicle
Amount</U>&#148; means, as of any day, an amount equal to the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Maximum <FONT STYLE="white-space:nowrap">Non-Program</FONT> Vehicle Percentage of the aggregate Net Book Value of all Vehicles leased
under the Leases on such day. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Maximum
<FONT STYLE="white-space:nowrap">Non-Program</FONT> Vehicle Percentage</U>&#148; means, as of any date of determination, the sum of (a) 85% and (b)&nbsp;a fraction, expressed as a percentage, the numerator of which is the aggregate Net Book Value of
all Redesignated Vehicles manufactured by a Bankrupt Manufacturer or a Manufacturer with respect to which a Manufacturer Event of Default has occurred, and in each case leased under the AESOP I Operating Lease or the Finance Lease as of such date,
and the denominator of which is the aggregate Net Book Value of all Vehicles leased under the Leases as of such date. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT
STYLE="white-space:nowrap">2010-6</FONT> Maximum Specified States Amount</U>&#148; means, as of any day, an amount equal to 7.5% of the aggregate Net Book Value of all Vehicles leased under the Leases on such day. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Maximum Suzuki Amount</U>&#148; means, as of any day, an amount equal to 7.5%
of the aggregate Net Book Value of all Vehicles leased under the Leases on such day. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series
<FONT STYLE="white-space:nowrap">2010-6</FONT> Maximum Used Vehicle Amount</U>&#148; means, as of any day, an amount equal to 25% of the aggregate Net Book Value of all Vehicles leased under the Leases on such day. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Monthly Lease Principal Payment Deficit</U>&#148; means on any Distribution
Date an amount equal to the excess, if any, of (1)&nbsp;the excess, if any, of (a)&nbsp;the aggregate amount of Principal Collections which pursuant to Section&nbsp;3.2(a), (b) or (c)&nbsp;would have been allocated to the Series <FONT
STYLE="white-space:nowrap">2010-6</FONT> Collection Account if all payments required to have been made under the Leases from and excluding the preceding Distribution Date to and including such Distribution Date were made in full over (b)&nbsp;the
aggregate amount of Principal Collections which pursuant to Section&nbsp;3.2(a), (b) or (c)&nbsp;have been allocated to the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Collection Account (without giving effect to any amounts paid into the
Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Accrued Interest Account pursuant to the proviso in Sections 3.2(b)(ii) and/or 3.2(c)(ii)) from and excluding the preceding Distribution Date to and including such Distribution Date over
(2)&nbsp;the principal due and payable with respect to the Class&nbsp;R Notes on such Distribution Date. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT
STYLE="white-space:nowrap">2010-6</FONT> Noteholder</U>&#148; means any Class&nbsp;A Noteholder or any Class&nbsp;R Noteholder. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Notes</U>&#148; means, collectively, the Class&nbsp;A Notes and the
Class&nbsp;R Notes. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Overcollateralization Amount</U>&#148; means the
excess, if any, of (x)&nbsp;the sum of (a)&nbsp;the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> AESOP I Operating Lease Loan Agreement Borrowing Base as of such date and (b)&nbsp;the Series <FONT STYLE="white-space:nowrap">2010-6</FONT>
VFN Percentage of the excess, if any, of (1)&nbsp;the AESOP II Loan Agreement Borrowing Base over (2)&nbsp;the AESOP II DBRS Excluded Manufacturer Amount as of such date over (y)&nbsp;the Series <FONT STYLE="white-space:nowrap">2010-6</FONT>
Invested Amount as of such date. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">44 </P>

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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Past Due Rent
Payment</U>&#148; is defined in Section&nbsp;3.2(g). </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Percentage</U>&#148;
means, as of any date of determination, a fraction, expressed as a percentage, the numerator of which is the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Invested Amount as of such date and the denominator of which is the sum of the
Invested Amount of each Series of Notes outstanding as of such date. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2010-6</FONT>
Principal Allocation</U>&#148; is defined in Section&nbsp;3.2(a)(ii). </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2010-6</FONT>
Post-Twenty Four Month Measurement Month</U>&#148; means, with respect to any date, collectively, each of the three periods most closely preceding such date, each of which periods shall consist of one calendar month, or the smallest number of
consecutive calendar months, in which (a)&nbsp;at least 250 <FONT STYLE="white-space:nowrap">Non-Program</FONT> Vehicles that are in months 25 through 48 of their lease at the time of such sale and were sold at auction or otherwise or (b)&nbsp;at
least <FONT STYLE="white-space:nowrap">one-twelfth</FONT> of the aggregate Net Book Value of all of the <FONT STYLE="white-space:nowrap">Non-Program</FONT> Vehicles that are in months 25 through 48 of their lease at the time of such sale and are
leased under the AESOP I Operating Lease and the Finance Lease as of the last day of each such period were sold at auction or otherwise; <U>provided</U>, <U>however</U>, that no calendar month included in a Series
<FONT STYLE="white-space:nowrap">2010-6</FONT> Post-Twenty Four Month Measurement Month shall be included in any other Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Post-Twenty Four Month Measurement Month; <U>provided</U>, <U>further</U>,
that Unaccepted Program Vehicles shall be excluded for purposes of the foregoing determination. The Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Post-Twenty Four Month Measurement Month shall be a &#147;Post-Twenty Four Month Measurement
Month&#148; for purposes of the Depreciation Schedule. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Post-Twenty Four
Month Measurement Month Average</U>&#148; means, with respect to any Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Post-Twenty-Four Month Measurement Month, the percentage equivalent of a fraction, the numerator of which is the aggregate
amount of disposition proceeds of all <FONT STYLE="white-space:nowrap">Non-Program</FONT> Vehicles that are in months 25 through 48 of their lease at the time of such sale and are sold at auction or otherwise during such Series <FONT
STYLE="white-space:nowrap">2010-6</FONT> Post-Twenty Four Month Measurement Month (excluding any Unaccepted Program Vehicles) and the denominator of which is the aggregate Net Book Value of such Vehicles on the dates of their respective sales. The
Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Post-Twenty Four Month Measurement Month Average shall be a &#147;Post-Twenty Four Month Measurement Month Average&#148; for purposes of the Depreciation Schedule. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Rapid Amortization Period</U>&#148; means the period beginning at the earlier
to occur of (a)&nbsp;the close of business on the Business Day immediately preceding the day on which an Amortization Event is deemed to have occurred with respect to the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Notes and (b)&nbsp;the
close of business on the Optional Termination Date and ending upon the earliest to occur of (i)&nbsp;the date on which the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Notes are fully paid, (ii)&nbsp;the Series <FONT
STYLE="white-space:nowrap">2010-6</FONT> Termination Date and (iii)&nbsp;termination of the Indenture. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT
STYLE="white-space:nowrap">2010-6</FONT> Reimbursement Agreement</U>&#148; means any and each agreement providing for the reimbursement of a Multi-Series Letter of Credit Provider for draws under the Multi-Series Letter of Credit as the same may be
amended, supplemented, restated or otherwise modified from time to time. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">45 </P>

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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Required AESOP I Operating
Lease Vehicle Amount</U>&#148; means, as of any date of determination, the sum of (A)&nbsp;the excess, if any, of (x)&nbsp;the sum of the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Required Overcollateralization Amount and the Series <FONT
STYLE="white-space:nowrap">2010-6</FONT> Invested Amount as of such date over (y)&nbsp;the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> VFN Percentage of the excess, if any, of (i)&nbsp;the AESOP II Loan Agreement Borrowing Base as of such
date over (ii)&nbsp;the AESOP II DBRS Excluded Manufacturer Amount as of such date and (B)&nbsp;if an Event of Bankruptcy with respect to ABCR, any other Lessee or any Permitted Sublessee (other than a third-party Permitted Sublessee) has occurred
on or prior to such date, the Contingent Monthly Funding Costs Shortfall as of the immediately preceding Distribution Date. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Required Enhancement Amount</U>&#148; means, as of any date of determination,
the sum of (i)&nbsp;the product of (x)&nbsp;the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> DBRS Required Enhancement Percentage as of such date and (y)&nbsp;the excess, if any, of (1)&nbsp;the Class&nbsp;A Invested Amount as of such date
over (2)&nbsp;the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Allocated Cash Amount , and (ii)&nbsp;the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Incremental Enhancement Amount as of such date. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Required Liquidity Amount</U>&#148; means, with respect to any Distribution
Date, an amount equal to 2.00% of the Class&nbsp;A Invested Amount on such Distribution Date (after giving effect to any payments of principal to be made on the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Notes on such Distribution Date).
</P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Required Overcollateralization Amount</U>&#148; means, as of any date of
determination, the excess, if any, of the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Required Enhancement Amount over the sum of (i)&nbsp;the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Allocated Multi-Series Letter of Credit
Amount as of such date, (ii)&nbsp;the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Available Reserve Account Amount on such date and (iii)&nbsp;the amount of cash and Permitted Investments on deposit in the Series <FONT
STYLE="white-space:nowrap">2010-6</FONT> Collection Account (not including amounts allocable to the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Accrued Interest Account) and the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Excess
Collection Account on such date. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Required Reserve Account Amount</U>&#148;
means, with respect to any Distribution Date, an amount equal to the sum of (a)&nbsp;the greater of (i)&nbsp;the excess, if any, of the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Required Liquidity Amount on such Distribution Date over
the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Allocated Multi-Series Letter of Credit Liquidity Amount on such Distribution Date (after giving effect to any payments of principal to be made on the Series
<FONT STYLE="white-space:nowrap">2010-6</FONT> Notes on such Distribution Date) and (ii)&nbsp;the excess, if any, of the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Required Enhancement Amount over the Series
<FONT STYLE="white-space:nowrap">2010-6</FONT> Enhancement Amount (excluding therefrom the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Available Reserve Account Amount and calculated after giving effect to any payments of principal to be
made on the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Notes) on such Distribution Date and (b)&nbsp;the Demand Note Preference Payment Amount. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Reserve Account</U>&#148; is defined in Section&nbsp;3.7(a). </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Reserve Account Collateral</U>&#148; is defined in Section&nbsp;3.7(d). </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">46 </P>

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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Reserve Account
Surplus</U>&#148; means, with respect to any Distribution Date, the excess, if any, of the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Available Reserve Account Amount over the sum of (x)&nbsp;the Series
<FONT STYLE="white-space:nowrap">2010-6</FONT> Required Reserve Account Amount on such Distribution Date and (y)&nbsp;the sum of (i)&nbsp;the aggregate Contingent Monthly Funding Costs with respect to all Purchaser Groups for the Series <FONT
STYLE="white-space:nowrap">2010-6</FONT> Interest Period ending on such date and (ii)&nbsp;any Contingent Monthly Funding Costs Shortfall as of such date (together with accrued interest thereon). </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Revolving Period</U>&#148; means the period from and including, the Series <FONT
STYLE="white-space:nowrap">2010-6</FONT> Closing Date to the earlier to occur of (x)&nbsp;the commencement of the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Controlled Amortization Period and (y)&nbsp;the commencement of the Series <FONT
STYLE="white-space:nowrap">2010-6</FONT> Rapid Amortization Period. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2010-6</FONT>
Termination Date</U>&#148; means the Distribution Date falling in the tenth calendar month after the calendar month in which the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Revolving Period ends. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Unpaid Demand Amount</U>&#148; means, with respect to any single draw pursuant
to Section&nbsp;3.5(c) or (d)&nbsp;on the Multi-Series Letters of Credit, the aggregate amount drawn by the Trustee on all Multi-Series Letters of Credit. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2010-6</FONT> VFN Percentage</U>&#148; means, as of any date, the percentage equivalent of a
fraction the numerator of which is the sum of the Class&nbsp;A Invested Amount and the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Overcollateralization Amount as of such date and the denominator of which is the sum of the Class&nbsp;A
Invested Amount, the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Overcollateralization Amount, the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Class&nbsp;A Invested Amount and the Series
<FONT STYLE="white-space:nowrap">2015-3</FONT> Overcollateralization Amount as of such date. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT
STYLE="white-space:nowrap">2015-3</FONT> Class</U><U></U><U>&nbsp;A Invested Amount</U>&#148; means the &#147;Class&nbsp;A Invested Amount&#148; as defined in the <FONT STYLE="white-space:nowrap">Series&nbsp;2015-3</FONT> Supplement. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Notes</U>&#148; has the meaning assigned thereto in the Series <FONT
STYLE="white-space:nowrap">2015-3</FONT> Supplement. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Overcollateralization
Amount</U>&#148; has the meaning assigned thereto in the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Supplement. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Supplement</U>&#148; means the Second Amended and Restated Series <FONT
STYLE="white-space:nowrap">2015-3</FONT> Supplement, dated as of June&nbsp;18, 2021, among ABRCF, the Administrator, the Administrative Agent, the <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchasers, CP Conduit Purchasers, APA Banks,
Funding Agents and the Committed Note Purchasers party thereto, the Trustee and The Bank of New York Mellon Trust Company, N.A., as Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Agent, as amended, restated, modified or supplemented from time
to time in accordance with its terms. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>SOFR</U>&#148; means, with respect to any Business Day, a rate per annum equal to the
secured overnight financing rate for such Business Day published by the SOFR Administrator on the SOFR Administrator&#146;s Website on the immediately succeeding Business Day. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>SOFR Administrator</U>&#148; means the NYFRB (or a successor administrator of the secured overnight financing rate). </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">47 </P>

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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>SOFR Administrator&#146;s Website</U>&#148; means the NYFRB&#146;s Website, or any
successor source for the secured overnight financing rate identified as such by the SOFR Administrator from time to time. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Standard</U><U></U><U>&nbsp;&amp; Poor&#146;s</U>&#148; means Standard&nbsp;&amp; Poor&#146;s Ratings Services, a division of The
McGraw-Hill Companies, Inc. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Statutory Reserve Rate</U>&#148; means a fraction (expressed as a decimal), the numerator of which
is the number one and the denominator of which is the number one minus the aggregate of the maximum reserve percentages (including any marginal, special, emergency or supplemental reserves) expressed as a decimal (rounded up to the nearest 1/100th
of 1%) established by the Board to which the Administrative Agent is subject with respect to the Adjusted LIBO Rate, for eurocurrency funding (currently referred to as &#147;Eurocurrency Liabilities&#148; in Regulation D of the Board). Such reserve
percentages shall include those imposed pursuant to Regulation D. Eurodollar Tranches shall be deemed to constitute eurocurrency funding and to be subject to such reserve requirements without benefit of or credit for proration, exemptions or offsets
that may be available from time to time under such Regulation D or comparable regulation. The Statutory Reserve Rate shall be adjusted automatically on and as of the effective date of any change in the reserve percentage. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Supplement</U>&#148; is defined in the recitals hereto. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Taxes</U>&#148; means any and all present or future taxes, levies, imposts, duties, deductions, charges or withholdings imposed by
any Governmental Authority. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Term SOFR</U>&#148; means, for the applicable Corresponding Tenor as of the applicable Reference
Time, the forward-looking term rate based on SOFR that has been selected or recommended by the Relevant Governmental Body. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Term
SOFR Notice</U>&#148; means a notification by the Administrative Agent to the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Noteholders and ABRCF of the occurrence of a Term SOFR Transition Event. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Term SOFR Transition Event</U>&#148; means the determination by the Administrative Agent that (a)&nbsp;Term SOFR has been recommended
for use by the Relevant Governmental Body, (b)&nbsp;the administration of Term SOFR is administratively feasible for the Administrative Agent and (c)&nbsp;a Benchmark Transition Event or an Early <FONT STYLE="white-space:nowrap">Opt-in</FONT>
Election, as applicable, has previously occurred resulting in a Benchmark Replacement in accordance with Section&nbsp;7.4 that is not Term SOFR. For the avoidance of doubt, the Administrative Agent shall not be required to deliver a Term SOFR Notice
after a Term SOFR Transition Event and may do so in its sole discretion. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Termination Date Disbursement</U>&#148; means an amount
drawn under a Multi-Series Letter of Credit pursuant to a Certificate of Termination Date Demand. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Termination
Disbursement</U>&#148; means an amount drawn under a Multi-Series Letter of Credit pursuant to a Certificate of Termination Demand. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Transfer Supplement</U>&#148; is defined in <U>Section</U><U></U><U>&nbsp;11.1(c)</U>. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">48 </P>

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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Transferee</U>&#148; is defined in <U>Section</U><U></U><U>&nbsp;11.1(g)</U>. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Trustee</U>&#148; is defined in the recitals hereto. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>UK Financial Institution</U>&#148; means any BRRD Undertaking (as such term is defined under the PRA Rulebook (as amended from time
to time) promulgated by the United Kingdom Prudential Regulation Authority) or any person falling within IFPRU 11.6 of the FCA Handbook (as amended from time to time) promulgated by the United Kingdom Financial Conduct Authority, which includes
certain credit institutions and investment firms, and certain affiliates of such credit institutions or investment firms. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>UK
Resolution Authority</U>&#148; means the Bank of England or any other public administrative authority having responsibility for the resolution of any UK Financial Institution. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>U.K. Securitisation Regulation</U>&#148; means the EU Securitisation Regulation enacted as retained direct EU law in the U.K. by
virtue of the operation of the European Union (Withdrawal) Act 2018, as amended by the Securitisation (Amendment) (EU Exit) Regulations 2019 (SI 2019/660) (including any implementing regulation, secondary legislation, technical and official guidance
relating thereto (in each case, as amended, varied or substituted from time to time)). </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>U.S. Risk Retention Rules</U>&#148; means
the federal interagency credit risk retention rules, codified at 17 C.F.R. Part 246. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Unadjusted Benchmark Replacement</U>&#148;
means the applicable Benchmark Replacement excluding the related Benchmark Replacement Adjustment. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Unpaid Demand Note
Disbursement</U>&#148; means an amount drawn under a Multi-Series Letter of Credit pursuant to a Certificate of Unpaid Demand Note Demand. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Volcker Rule</U>&#148; means Section&nbsp;13 of the U.S. Bank Holding Company Act of 1956, as amended, and the applicable rules and
regulations thereunder. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Voting Stock</U>&#148; means, with respect to any Person, the common stock or membership interests of
such Person and any other security of, or ownership interest in, such Person having ordinary voting power to elect a majority of the board of directors or a majority of the managers (or other Persons serving similar functions) of such Person. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Waiver Event</U>&#148; means the occurrence of the delivery of a Waiver Request and the subsequent waiver of any Series <FONT
STYLE="white-space:nowrap">2010-6</FONT> Maximum Amount. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Waiver Request</U>&#148; is defined in <U>Article V</U>. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Write-Down and Conversion Powers</U>&#148; means, (a)&nbsp;with respect to any EEA Resolution Authority, the write-down and
conversion powers of such EEA Resolution Authority from time to time under the <FONT STYLE="white-space:nowrap">Bail-In</FONT> Legislation for the applicable EEA Member Country, which write-down and conversion powers are described in the EU <FONT
STYLE="white-space:nowrap">Bail-In</FONT> Legislation Schedule and (b)&nbsp;with respect to the United Kingdom, any powers of the applicable Resolution Authority under the </P>
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<FONT STYLE="white-space:nowrap">Bail-In</FONT> Legislation to cancel, reduce, modify or change the form of a liability of any UK Financial Institution or any contract or instrument under which
that liability arises, to convert all or part of that liability into shares, securities or obligations of that person or any other person, to provide that any such contract or instrument is to have effect as if a right had been exercised under it or
to suspend any obligation in respect of that liability or any of the powers under that <FONT STYLE="white-space:nowrap">Bail-In</FONT> Legislation that are related to or ancillary to any of those powers. </P>
<P STYLE="margin-top:24pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>ARTICLE II </B></P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>PURCHASE
AND SALE OF SERIES <FONT STYLE="white-space:nowrap">2010-6</FONT> NOTES; </B></P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>INCREASES AND DECREASES OF SERIES <FONT
STYLE="white-space:nowrap">2010-6</FONT> INVESTED AMOUNT </B></P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;2.1. Purchases of the Series
<FONT STYLE="white-space:nowrap">2010-6</FONT> Notes. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(a) <U>Initial Purchases</U>. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:5%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(i) Subject to the terms and conditions of this Supplement, including delivery of notice in accordance with Section&nbsp;2.3,
(i) each <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser shall purchase, and each CP Conduit Purchaser may, in its sole discretion, purchase a Class&nbsp;A Note in an amount equal to all or a portion of its Commitment Percentage of the
Class&nbsp;A Initial Invested Amount on any Business Day during the period from the A&amp;R Effective Date to and including the Expiry Date with respect to its Related Purchaser Group, and if each such CP Conduit Purchaser in a Related Purchaser
Group shall have notified the Administrative Agent and the Funding Agent with respect to such Purchaser Group that it has elected not to fund a Class&nbsp;A Note in an amount equal to its Commitment Percentage of the Class&nbsp;A Initial Invested
Amount on the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Closing Date, each APA Bank with respect to such CP Conduit Purchasers shall fund on the A&amp;R Effective Date its APA Bank Percentage of that portion of such Class&nbsp;A Note not
to be funded by such CP Conduit Purchasers and (ii)&nbsp;thereafter, (A) each <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser shall maintain its Class&nbsp;A Note, subject to increase or decrease during the period from the A&amp;R
Effective Date to and including the Expiry Date with respect to its Related Purchaser Group, in accordance with the provisions of this Supplement, (B)&nbsp;each CP Conduit Purchaser may, in its sole discretion, maintain all or any portion of the
Class&nbsp;A Note with respect to the Related Purchaser Group, subject to increase or decrease during the period from the A&amp;R Effective Date to and including the Expiry Date with respect to its Related Purchaser Group, in accordance with the
provisions of this Supplement and (C)&nbsp;the APA Banks shall maintain their respective APA Bank Percentages of the Class&nbsp;A Note with respect to its Related Purchaser Group, subject to increase or decrease during the period from the A&amp;R
Effective Date to and including the Expiry Date with respect to such Purchaser Group, in accordance with the provisions of this Supplement. Each Purchaser Group as of the A&amp;R Effective Date shall be deemed to have satisfied its obligation to
purchase a Class&nbsp;A Note under this Section&nbsp;2.1(a) on such date by exchanging the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Note held by it and outstanding on the day immediately preceding the A&amp;R Effective Date for a
Class&nbsp;A Note issued on the A&amp;R Effective Date in accordance with Section&nbsp;2.1(a)(iii). </P>
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 <P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(ii) Subject to the terms and conditions of this Supplement, including
delivery of notice in accordance with Section&nbsp;2.3, (i)&nbsp;each Committed Note Purchaser shall purchase a Class&nbsp;R Note in an amount equal to $93,775,000 (the &#147;<U>Class</U><U></U><U>&nbsp;R Initial Invested Amount</U>&#148;) on the
Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Closing Date and (ii)&nbsp;thereafter, each Committed Note Purchaser shall maintain its Class&nbsp;R Note, subject to increase or, prior to the Series
<FONT STYLE="white-space:nowrap">2010-6</FONT> Controlled Amortization Period, decrease during the period from the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Closing Date to and including the Expiry Date, in accordance with the provisions
of this Supplement. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(iii) Subject to the terms and conditions of this Supplement, including delivery of notice in
accordance with Section&nbsp;2.3, each <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser and CP Conduit Purchaser shall deliver its Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Note on the A&amp;R Effective Date to the Trustee
for cancellation in accordance with Section&nbsp;2.14 of the Base Indenture. In exchange for such Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Note, the Trustee shall deliver to each such <FONT STYLE="white-space:nowrap">Non-Conduit</FONT>
Purchaser and CP Conduit Purchaser, a Class&nbsp;A Note in an amount equal to the outstanding principal amount of the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Note delivered by such <FONT STYLE="white-space:nowrap">Non-Conduit</FONT>
Purchaser or CP Conduit Purchaser, as applicable, in accordance with the terms and conditions of this Supplement. The aggregate outstanding principal amount of such Class&nbsp;A Notes on the A&amp;R Effective Date shall be the
&#147;<U>Class</U><U></U><U>&nbsp;A Initial Invested Amount</U>&#148;. The parties hereto agree that any amounts accrued and unpaid as of the A&amp;R Effective Date with respect to the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Notes
under the Third A&amp;R Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Supplement shall be deemed to have accrued with respect to the Class&nbsp;A Notes and shall be payable in accordance with the provisions hereof. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(b) <U>Maximum Purchaser Group Invested Amounts</U>. Notwithstanding anything to the contrary contained in this Supplement, at no time shall a
Purchaser Group be required to make the initial purchase of a Class&nbsp;A Note or increase its Purchaser Group Invested Amount if the sum of (x)&nbsp;Purchaser Group Invested Amount with respect to such Purchaser Group, after giving effect to such
purchase or increase and (y)&nbsp;the sum of any unfunded Delayed Amounts with respect to such Purchaser Group, would exceed the Maximum Purchaser Group Invested Amount with respect to such Purchaser Group at such time. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(c) <U>Class R Maximum Invested Amounts</U>. Notwithstanding anything to the contrary contained in this Supplement, at no time shall a
Committed Note Purchaser be required to make the initial purchase of a Class&nbsp;R Note or increase its Class&nbsp;R Invested Amount if the Class&nbsp;R Invested Amount with respect to such Committed Note Purchaser, after giving effect to such
purchase or increase would exceed the Class&nbsp;R Maximum Invested Amount with respect to such Committed Note Purchaser at such time. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(d) <U>Form of Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Notes</U>. The Series <FONT STYLE="white-space:nowrap">2010-6</FONT>
Notes shall be issued in fully registered form without interest coupons, substantially in the form set forth in <U>Exhibit A</U>. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;2.2. Delivery. (a)&nbsp;On the A&amp;R Effective Date (or on any later date that any Purchaser Group becomes a party to this
Supplement), ABRCF shall sign and shall direct the Trustee in writing pursuant to Section&nbsp;2.2 of the Base Indenture to duly authenticate, and the Trustee, upon receiving such direction, shall so authenticate a Class&nbsp;A Note (i)&nbsp;in the
case of a CP Conduit Purchaser Group, in the name of the Funding Agent with respect to such CP Conduit Purchaser Group (or as otherwise requested by such </P>
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CP Conduit Purchaser Group and agreed to by ABRCF) in an amount equal to the Maximum Purchaser Group Invested Amount with respect to such CP Conduit Purchaser Group and deliver such Class&nbsp;A
Note to such Funding Agent in accordance with such written directions, or (ii)&nbsp;in the case of a <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser Group, in the name of the Related <FONT STYLE="white-space:nowrap">Non-Conduit</FONT>
Purchaser in an amount equal to the Maximum Purchaser Group Invested Amount with respect to such Related <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser Group and deliver such Class&nbsp;A Note to such Related <FONT
STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser in accordance with such written directions. On the A&amp;R Effective Date (or on any later date that any Committed Note Purchaser becomes a party to this Supplement), ABRCF shall sign and shall
direct the Trustee in writing pursuant to Section&nbsp;2.2 of the Base Indenture to duly authenticate, and the Trustee, upon receiving such direction, shall so authenticate a Class&nbsp;R Note in an amount equal to the Class&nbsp;R Maximum Invested
Amount with respect to such Committed Note Purchaser and deliver such Class&nbsp;R Note to such Committed Note Purchaser in accordance with such written directions. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(b) The Administrative Agent shall maintain a record of (i)&nbsp;the actual Purchaser Group Invested Amount outstanding with respect to each
Purchaser Group, (ii)&nbsp;the Class&nbsp;R Invested Amount outstanding with respect to each Committed Note Purchaser and (iii)&nbsp;the actual Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Invested Amount outstanding on any date of
determination, which, absent manifest error, shall constitute <U>prima</U> <U>facie</U> evidence of the outstanding Class&nbsp;A Invested Amounts, the outstanding Class&nbsp;R Invested Amount and the outstanding Series
<FONT STYLE="white-space:nowrap">2010-6</FONT> Invested Amount from time to time. Upon a written request from the Trustee, the Administrative Agent shall provide in writing the identity of the Purchaser Groups, the related Funding Agents for each CP
Conduit Purchaser Group, the Purchaser Group Invested Amount for each Purchaser Group, the identity of the Committed Note Purchasers, the Class&nbsp;R Invested Amount for each Committed Note Purchaser, and the Commitment Percentage with respect to
any Purchaser Group, to the Trustee. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;2.3. Procedure for Initial Issuance and for Increasing the Series <FONT
STYLE="white-space:nowrap">2010-6</FONT> Invested Amount. (a)&nbsp;Subject to <U>Section</U><U></U><U>&nbsp;2.3(c)</U>, (i)&nbsp;on the A&amp;R Effective Date, (A)&nbsp;each <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser shall
purchase, and each CP Conduit Purchaser and/or APA Bank agree to purchase, a Class&nbsp;A Note in accordance with Section&nbsp;2.1 and (B)&nbsp;each Committed Note Purchaser shall purchase a Class&nbsp;R Note in accordance with Section&nbsp;2.1 and
(ii)&nbsp;on any Business Day during the period from the A&amp;R Effective Date to and including the Expiry Date (A)&nbsp;with respect to a Purchaser Group, in the case of a <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser Group, the
Related <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser hereby agrees, or in the case of a CP Conduit Purchaser Group, each CP Conduit Purchaser in such CP Conduit Purchaser Group may agree, in its sole discretion, and each APA Bank
with respect to such CP Conduit Purchaser hereby agrees that the Purchaser Group Invested Amount with respect to each such Purchaser Group may be increased by an amount equal to its APA Bank Percentage of the Commitment Percentage with respect to
such Purchaser Group of the Increase Amount (an &#147;<U>Increase</U>&#148;), upon the request of ABRCF (each date on which an increase in the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Invested Amount occurs hereunder being herein
referred to as the &#147;<U>Increase Date</U>&#148; applicable to such Increase) and (B)&nbsp;as a result of such Increase with respect to the Class&nbsp;A Notes as requested by ABRCF, each Committed Note Purchaser hereby agrees that the
Class&nbsp;R Invested Amount with respect to such Committed Note Purchaser shall be increased by the minimum amount necessary to cause the Retention Test to be satisfied; <U>provided</U>, <U>however</U>, that ABRCF shall have given the
Administrative Agent and each </P>
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Committed Note Purchaser (with a copy to the Trustee) irrevocable (other than as specified in Section&nbsp;2.3(e)) written notice (effective upon receipt), by telecopy (receipt confirmed),
substantially in the form of <U>Exhibit B </U>together with a calculation (including of the components thereof) in a form reasonably acceptable to the Administrative Agent of the sum of (i)&nbsp;the Series
<FONT STYLE="white-space:nowrap">2010-6</FONT> AESOP I Operating Loan Agreement Borrowing Base and (ii)&nbsp;the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> VFN Percentage of the excess, if any, of (x)&nbsp;the AESOP II Loan Agreement
Borrowing Base over (y)&nbsp;the AESOP II DBRS Excluded Manufacturer Amount on the date of such notice, of such request no later than 3:00 p.m. (New&nbsp;York City time) on (A)&nbsp;with respect to a Deferrable Increase Notice, the third Business
Day prior to such Increase Date or (B)&nbsp;with respect to a <FONT STYLE="white-space:nowrap">Non-Deferrable</FONT> Increase Notice, the second Business Day prior to such Increase Date, as the case may be. Such notice shall state (x)&nbsp;the
Increase Date, (y)&nbsp;the proposed amount of the increase in the Class&nbsp;A Invested Amount and the Class&nbsp;R Invested Amount, as applicable (in each case, an &#147;<U>Increase Amount</U>&#148;), as the case may be, and (z)&nbsp;whether a
Delayed Funding Notice may be delivered in connection with such Increase pursuant to Section&nbsp;2.3(e). The Commitment Percentage with respect to any Purchaser Group of the Increase Amount with respect to the Class&nbsp;A Notes set forth in any <FONT
STYLE="white-space:nowrap">Non-Deferrable</FONT> Increase Notice shall not exceed such Purchaser Group&#146;s <FONT STYLE="white-space:nowrap">Non-Deferrable</FONT> Draw Amount as of the related Increase Date. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(b) If the CP Conduit Purchasers in a CP Conduit Purchaser Group elect not to fund the full amount of the related Purchaser Group Increase
Amount, such CP Conduit Purchaser shall notify the Administrative Agent and the Funding Agent with respect to such CP Conduit Purchaser, and each APA Bank with respect to such CP Conduit Purchasers shall fund its APA Bank Percentage of the portion
of the Commitment Percentage with respect to such Related Purchaser Group of such Increase, as the case may be, not funded by such CP Conduit Purchasers. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(c) No Purchaser Group shall be required to increase its Purchaser Group Invested Amount on any Increase Date hereunder unless: </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:5%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(i) such Purchaser Group&#146;s Purchaser Group Increase Amount is equal to (A) $1,000,000 or an integral multiple of $100,000
in excess thereof or (B)&nbsp;if less, the excess of the Maximum Purchaser Group Invested Amount with respect to such Purchaser Group over the Purchaser Group Invested Amount with respect to such Purchaser Group; </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:5%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(ii) after giving effect to such Increase Amount, the sum of the (x)&nbsp;the Purchaser Group Invested Amount and (y)&nbsp;any
unfunded Delayed Amounts with respect to such Purchaser Group would not exceed the Maximum Purchaser Group Invested Amount with respect to such Purchaser Group; </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:5%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(iii) after giving effect to such Increase Amount, no AESOP I Operating Lease Vehicle Deficiency would occur and be continuing;
</P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:5%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(iv) no Amortization Event or Potential Amortization Event (in each case, other than an Amortization Event or Potential
Amortization Event in respect of another Series of Notes solely resulting from a Surety Default (as such term is defined in the Supplement pursuant to which such other Series of Notes was issued)) has occurred and is continuing on the Series <FONT
STYLE="white-space:nowrap">2010-6</FONT> Closing Date or such Increase Date, as applicable, or would occur and be continuing after giving effect to such Increase; </P>
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 <P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:5%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(v) not more than two Increases have occurred in the four Business Days
immediately preceding the date of such Increase; </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:5%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(vi) all of the representations and warranties made by each of ABRCF, the
Lessees, the Lessors and the Administrator in the Base Indenture, this Supplement and the Related Documents to which each is a party are true and correct in all material respects on and as of such Increase Date, as if made on and as of such date
(except to the extent such representations and warranties are expressly made as of another date); and </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:5%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(vii) all conditions
precedent to the making of any Loan under the applicable Loan Agreements would be satisfied. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">ABRCF&#146;s acceptance of funds in connection with each
Increase occurring on any Increase Date shall constitute a representation and warranty by ABRCF to the Purchaser Groups as of such Increase Date (except to the extent such representations and warranties are expressly made as of another date) that
all of the conditions contained in this Section&nbsp;2.3(c) have been satisfied. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(d) Upon receipt of any notice required by
Section&nbsp;2.3(a) or permitted by Section&nbsp;2.3(e) from ABRCF, the Administrative Agent shall forward (by telecopy or electronic messaging system) a copy of such notice to each <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser and
the Funding Agent with respect to each CP Conduit Purchaser Group (or, with respect to any notice pursuant to Section&nbsp;2.3(e) requiring a Delayed Funding Purchaser Group to decrease its Delayed Amount, the applicable <FONT
STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser or Funding Agent), no later than 5:00 p.m. (New York City time) on the day received. After receipt by any Funding Agent with respect to a CP Conduit Purchaser Group of such notice from the
Administrative Agent, such Funding Agent shall, so long as the conditions set forth in Sections 2.3(a) and (c)&nbsp;are satisfied, promptly provide telephonic notice to the related CP Conduit Purchasers and the related APA Banks, of the Increase
Date and of such CP Conduit Purchaser Group&#146;s Purchaser Group Increase Amount. Subject to Section&nbsp;2.3(e), if such CP Conduit Purchasers elects to fund all or a portion of the related Purchaser Group Increase Amount, each such CP Conduit
Purchaser shall pay in immediately available funds its Commitment Percentage (or any portion thereof) of the applicable portion of the amount of such Increase with respect to the Class&nbsp;A Notes on the related Increase Date to the Funding Agent
with respect to such CP Conduit Purchaser Group for remittance to the Trustee for deposit into the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Collection Account. Subject to Section&nbsp;2.3(e), if such CP Conduit Purchasers do not fund
the full amount of such CP Conduit Purchaser Group&#146;s Purchaser Group Increase Amount and the related APA Banks are required to fund the portion thereof not funded by the CP Conduit Purchasers, each such APA Bank shall pay in immediately
available funds its APA Bank Percentage of such portion on the related Increase Date to the Funding Agent with respect to such CP Conduit Purchaser Group for deposit in the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Collection Account.
Each Funding Agent shall remit the amounts received by it from its CP Conduit Purchasers or the related APA Banks pursuant to this Section&nbsp;2.3(d) to the Trustee for deposit into the Series <FONT STYLE="white-space:nowrap">2010-6</FONT>
Collection Account. Subject to Section&nbsp;2.3(e), so long as the conditions set forth in Sections 2.3(a) and (c)&nbsp;are satisfied, each <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser shall pay in immediately available funds such <FONT
STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser&#146;s Purchaser </P>
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Group Increase Amount on the related Increase Date to the Trustee for deposit into the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Collection Account. So long as the conditions set
forth in Sections 2.3(a) and (c)&nbsp;are satisfied, each Committed Note Purchaser shall pay in immediately available funds the Class&nbsp;R Initial Invested Amount on the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Closing Date or the
amount of such Increase Amount with respect to the Class&nbsp;R Notes on the related Increase Date to the Trustee for deposit into the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Collection Account. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(e) Notwithstanding any of the foregoing, any APA Bank or <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser who shall have
previously notified ABRCF in writing that it or any related Program Support Provider has incurred charges under, or in anticipation of, Basel III (which may include external charges incurred by the APA Bank,
<FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser or Program Support Provider or internal charges incurred by any of their businesses) in respect of its Commitment hereunder or any agreement to support such Commitment, or in respect of
its interest in the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Notes, based on its &#147;liquidity coverage ratio&#148; calculated under Basel III, may, upon receipt of any Deferrable Increase Notice pursuant to Section&nbsp;2.3(a),
notify ABRCF in writing (a &#147;<U>Delayed Funding Notice</U>&#148;) on or prior to 12:00 noon (New York City time) on the second Business Day preceding the related Increase Date, of its intent to fund an amount up to its APA Bank Percentage or its
Commitment Percentage, as applicable, of the related Increase Amount with respect to the Class&nbsp;A Notes (such amount, subject to any adjustment described below, the &#147;<U>Delayed Amount</U>&#148;) on a Business Day that is on or before the
thirty-fifth (35<SUP STYLE="font-size:85%; vertical-align:top">th</SUP>) day following the Increase Date specified in such Deferrable Increase Notice (the &#147;<U>Delayed Funding Date</U>&#148;) rather than on such Increase Date. If any APA Bank or
<FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser provides a Delayed Funding Notice to ABRCF following ABRCF&#146;s delivery of a notice of an Increase pursuant to Section&nbsp;2.3(a), ABRCF may with written notice to the Administrative
Agent delivered prior to 3:00 pm on the second Business Day preceding such Increase Date, (x)&nbsp;decrease the Increase Amount with respect to the Class&nbsp;A Notes with respect to such Deferrable Increase Notice (or revoke such Deferrable
Increase Notice by decreasing the Increase Amount to zero) and/or (y)&nbsp;require any APA Bank or <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser who has provided a Delayed Funding Notice to reduce the Delayed Amount with respect to
such Increase by an amount no greater than the <FONT STYLE="white-space:nowrap">Non-Deferrable</FONT> Draw Amount with respect to such Purchaser Group as of the related Increase Date. In the event that the Increase Amount with respect to such
Deferrable Increase Notice is reduced, but not to zero, then any Delayed Amount with respect to any Purchaser Group shall be reduced on a <U>pro</U> <U>rata</U> basis unless otherwise specified by ABRCF pursuant to clause (y)&nbsp;above. No
Purchaser Group that has provided a Delayed Funding Notice in respect of an Increase (each a &#147;<U>Delayed Funding Purchaser Group</U>&#148;) shall be considered to be in default of its obligation to fund its Delayed Amount pursuant to this
Section&nbsp;2.3 unless and until it has failed to fund the Delayed Amount (and/or the Delayed Funding Reimbursement Amount with respect to such Delayed Amount) on or before the Delayed Funding Date. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(f) If (i)&nbsp;one or more Delayed Funding Purchaser Groups provides a Delayed Funding Notice to ABRCF in respect of any Increase Date and
(ii)&nbsp;ABRCF shall not have decreased the related Increase Amount to zero or required each such Delayed Funding Purchaser Group to reduce the Delayed Amount with respect to such Increase to zero, in each case, pursuant to Section&nbsp;2.3(e), the
Administrative Agent shall, by no later than 12:00 noon (New York City time) on the Business Day preceding such Increase Date, direct each Purchaser Group that is not a Delayed Funding Purchaser Group with respect to such Increase Date (each a
&#147;<U><FONT STYLE="white-space:nowrap">Non-Delayed</FONT> Funding Purchaser Group</U>&#148;) to fund an additional portion of such Increase Amount with </P>
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respect to the Class&nbsp;A Notes on such Increase Date equal to such <FONT STYLE="white-space:nowrap">Non-Delayed</FONT> Funding Purchaser Group&#146;s proportionate share (based upon the
Maximum Purchaser Group Invested Amount with respect to such <FONT STYLE="white-space:nowrap">Non-Delayed</FONT> Funding Purchaser Group relative to the sum of the Maximum Purchaser Group Invested Amounts with respect to all <FONT
STYLE="white-space:nowrap">Non-Delayed</FONT> Funding Purchaser Groups) of the aggregate Delayed Amounts with respect to such Increase Date; <U>provided</U> that no <FONT STYLE="white-space:nowrap">Non-Delayed</FONT> Funding Purchaser Group shall be
required to fund any portion of the aggregate Delayed Amounts that would cause its Purchaser Group Invested Amount to exceed its Maximum Purchaser Group Invested Amount. Subject to Section&nbsp;2.3(a), in the case of a
<FONT STYLE="white-space:nowrap">Non-Delayed</FONT> Funding Purchaser Group that is a <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser, such <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser hereby agrees, or, in the case of
a <FONT STYLE="white-space:nowrap">Non-Delayed</FONT> Funding Purchaser Group that is a CP Conduit Purchaser Group, the CP Conduit in such CP Conduit Purchaser Group may agree, in its sole discretion, and the APA Banks in such CP Conduit Purchaser
Group hereby agree, to fund such portion of the Increase Amount with respect to the Class&nbsp;A Notes on such Increase Date. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(g) After
the <FONT STYLE="white-space:nowrap">Non-Delayed</FONT> Funding Purchaser Groups fund a Delayed Amount on any Increase Date in accordance with Section&nbsp;2.3(f), the Delayed Funding Purchaser Group in respect of such Delayed Amount will be
obligated to fund the Delayed Funding Reimbursement Amount with respect to such Delayed Amount on or before its Delayed Funding Date, irrespective of whether the Scheduled Expiry Date with respect to such Delayed Funding Purchaser Group shall have
occurred on or prior to such Delayed Funding Date or ABRCF would be able to satisfy the conditions set forth in Section&nbsp;2.3(a) to an Increase with respect to the Class&nbsp;A Notes in an amount equal to such Delayed Funding Reimbursement Amount
on such Delayed Funding Date. Such Delayed Funding Purchaser Group shall fund such Delayed Funding Reimbursement Amount on such Delayed Funding Date by paying such amount to the Administrative Agent in immediately available funds, and the
Administrative Agent shall distribute such funds to each such <FONT STYLE="white-space:nowrap">Non-Delayed</FONT> Funding Purchaser Group, <U>pro</U> <U>rata</U> based on the relative amount of such Delayed Amount funded by such <FONT
STYLE="white-space:nowrap">Non-Delayed</FONT> Funding Purchaser Group on such Increase Date pursuant to Section&nbsp;2.3(f). </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;2.4. Sales by CP Conduit Purchasers of Class&nbsp;A Notes to APA Banks. Notwithstanding any limitation to the contrary contained
herein, each CP Conduit Purchaser may, in its own discretion, at any time, sell or assign all or any portion of its interest in its Class&nbsp;A Note to any Conduit Assignee or to the APA Banks with respect to such CP Conduit Purchaser pursuant to,
and subject to the terms and conditions of, the Asset Purchase Agreement with respect to such CP Conduit Purchaser. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;2.5.
Procedure for Decreasing the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Invested Amount; Optional Termination. (a)&nbsp;Subject to the following sentence, on any Business Day prior to the occurrence of an Amortization Event, upon the
written request of ABRCF or the Administrator on behalf of ABRCF, the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Invested Amount or during the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Controlled Amortization Period the
Class&nbsp;A Invested Amount only, may be reduced (a &#147;<U>Decrease</U>&#148;) by the Trustee&#146;s withdrawing (as set forth in such request)&nbsp;(x) funds on deposit in the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Excess
Collection Account on such Business Day in an amount not to exceed the amount of such funds on deposit therein on such Business Day (after giving effect to any application pursuant to clauses (i), (ii) and (iii)&nbsp;of Section&nbsp;3.2(f)) and/or
(y)&nbsp;if such Business Day is during the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Controlled Amortization Period, funds on deposit in the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Collection Account on such Business Day
in an amount not to exceed the amount of such </P>
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funds on deposit therein on such Business Day that were allocated to the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Notes pursuant to Section&nbsp;3.2(b)(ii) on or prior to such
Business Day which have not previously been withdrawn therefrom pursuant to either this clause (y)&nbsp;to make a Decrease or pursuant to Section&nbsp;3.5(a) to be paid to the holders of the Series <FONT STYLE="white-space:nowrap">2010-6</FONT>
Notes, and, in each case, depositing such funds into the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Distribution Account and distributing such funds to the Administrative Agent on such Business Day in accordance with Section&nbsp;3.5(b);
<U>provided</U> that ABRCF shall have given the Administrative Agent and each Committed Note Purchaser (with a copy to the Trustee) irrevocable written notice (effective upon receipt) of the amount of such Decrease prior to 9:30 a.m. (New&nbsp;York
City time) on the second Business Day prior to such Decrease; <U>provided</U>, <U>further</U>, that any such Decrease shall be in an amount equal to $10,000,000 and integral multiples of $500,000 in excess thereof (or if such Decrease will be used
to reduce one or more <FONT STYLE="white-space:nowrap">Non-Extending</FONT> Purchaser Group&#146;s Purchaser Group Invested Amounts, such Decrease may be in such amount as is necessary to reduce the Purchaser Group Invested Amounts of all such <FONT
STYLE="white-space:nowrap">Non-Extending</FONT> Purchaser Groups to zero). Notwithstanding the previous sentence, the Class&nbsp;R Notes shall not be subject to a Decrease during the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Controlled
Amortization Period. Upon each Decrease, the Administrative Agent shall indicate in its records such Decrease, the Purchaser Group Invested Amount outstanding with respect to each Purchaser Group after giving effect to such Decrease and the
Class&nbsp;R Invested Amount outstanding with respect to each Committed Note Purchaser after giving effect to such Decrease. Upon receipt of any notice required by Section&nbsp;2.5(a) from ABRCF, the Administrative Agent shall forward (by telecopy
or electronic messaging system) a copy of such notice to each <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser and the Funding Agent with respect to each CP Conduit Purchaser Group, no later than 1:00 p.m. (New&nbsp;York City time) on
the Business Day received. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(b) On any Business Day, ABRCF shall have the right to deliver an irrevocable written notice (an
&#147;<U>Optional Termination Notice</U>&#148;) to the Administrative Agent, each Committed Note Purchaser, the Trustee, the Administrator, Standard&nbsp;&amp; Poor&#146;s, Moody&#146;s and the Rating Agencies in which ABRCF declares that the
Commitments shall terminate on the date (the &#147;<U>Optional Termination Date</U>&#148;) set forth in such notice (which date, in any event, shall be a Distribution Date not less than twenty Business Days from the date on which such notice is
delivered). Upon receipt of any Optional Termination Notice from ABRCF, the Administrative Agent shall promptly notify each <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser and the Funding Agent with respect to each CP Conduit Purchaser
Group thereof. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(c) From and after the Optional Termination Date, the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Rapid
Amortization Period shall commence for all purposes under this Supplement, the Base Indenture and the Related Documents. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(d) If there are
Principal Collections on deposit in the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Excess Collection Account on any Business Day on which the Purchaser Group Invested Amount with respect to any
<FONT STYLE="white-space:nowrap">Non-Extending</FONT> Purchaser Group shall not have been reduced to zero and ABRCF would be permitted under the terms of Section&nbsp;2.5(a) to effect a Decrease with such funds, ABRCF shall request such a Decrease
in accordance with Section&nbsp;2.5(a) on the earliest possible date. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;2.6. Increases and Reductions of the Commitments;
Extensions of the Commitments; Replacement of Purchaser Groups. (a)&nbsp;ABRCF may from time to time </P>
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request that any Purchaser Group agree to increase its Maximum Purchaser Group Invested Amount. An increase in such amount shall be effective hereunder if such Purchaser Group shall have agreed
in its sole discretion to such increase. If any such Purchaser Group agrees to ABRCF&#146;s proposed increase, the Class&nbsp;R Maximum Invested Amount for each Committed Note Purchaser shall be automatically increased in an amount so that it
maintains its proportional share of the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Maximum Invested Amount immediately prior to such increase. In addition to an increase to the Class&nbsp;R Maximum Invested Amount pursuant to the previous
sentence, the Class&nbsp;R Maximum Invested Amount may be increased at any time with or without a corresponding increase to the Maximum Purchaser Group Invested Amount upon notice from ABRCF to the Committed Note Purchasers. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(b) If ABRCF desires to extend the Scheduled Expiry Date with respect to the Purchaser Groups, ABRCF shall notify the Administrative Agent and
each Committed Note Purchaser at least 60 days prior to such Scheduled Expiry Date of its desire to extend the Scheduled Expiry Date with respect to the Purchaser Groups, whereupon the Administrative Agent shall notify each <FONT
STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser and the Funding Agent with respect to each CP Conduit Purchaser Group of ABRCF&#146;s desire to so extend the Scheduled Expiry Date. Each <FONT STYLE="white-space:nowrap">Non-Conduit</FONT>
Purchaser and each Funding Agent, on behalf of its CP Conduit Purchaser Group, shall notify the Administrative Agent and ABRCF in writing of whether its Related Purchaser Group agrees to an extension of the Scheduled Expiry Date with respect to such
Purchaser Group; <U>provided</U> that failure by a <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser or a Funding Agent to respond to such request shall not be construed as a consent by such Purchaser Group to such extension. The
decision to extend or not extend shall be made by each Purchaser Group in its sole discretion. In the event that any Purchaser Group desires to extend its Scheduled Expiry Date for an amount that is less than its Maximum Purchaser Group Invested
Amount prior to ABRCF&#146;s request for an extension, ABRCF, in its sole discretion, may accept such extension; <U>provided</U>, <U>however</U>, that such Purchaser Group (x)&nbsp;shall be deemed to be a
<FONT STYLE="white-space:nowrap">Non-Extending</FONT> Purchaser Group for purposes of Section&nbsp;3.5 having a Purchaser Group Invested Amount equal to the excess of its Purchaser Group Invested Amount over a percentage of its Maximum Purchaser
Group Invested Amount that will be available after the extension of its Scheduled Expiry Date equal to the percentage equivalent of a fraction, the numerator of which is the sum of the Purchaser Group Invested Amounts with respect to all Extending
Purchaser Groups, other than such Purchaser Group and any other Purchaser Group reducing its Maximum Purchaser Group Invested Amount, and the denominator of which is the sum of the Maximum Purchaser Group Invested Amounts of all Extending Purchaser
Groups, other than such Purchaser Group and any other Purchaser Group reducing its Maximum Purchaser Group Invested Amount and (y)&nbsp;shall be deemed to be&nbsp;an Extending Purchaser Group with a Maximum Purchaser Group Invested Amount equal to
the portion of its Maximum Purchaser Group Invested Amount that will be available after the extension of its Scheduled Expiry Date. In connection with any request by ABRCF to extend the Scheduled Expiry Date pursuant to this Section&nbsp;2.6(b),
ABRCF shall provide (i)&nbsp;to the Administrative Agent, who shall provide to each Purchaser Group, on or prior to the effective date of any such extension, a certificate of the principal financial officer of ABRCF to the effect set forth in
Schedule 8.3(d) of the Base Indenture and (ii)&nbsp;notice to the Rating Agencies, Standard&nbsp;&amp; Poor&#146;s and Moody&#146;s of its request to extend the Scheduled Expiry Date. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(c) On any Business Day during the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Revolving Period, ABRCF may, upon two
(2)&nbsp;Business Days&#146; prior written notice to the Administrative Agent (effective </P>
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upon receipt) (with copies to the Administrator and the Trustee) reduce the Class&nbsp;A Maximum Invested Amount in an amount equal to $10,000,000 or a whole multiple of $1,000,000 in excess
thereof; <U>provided</U> that no such termination or reduction shall be permitted if, after giving effect thereto and to any reduction in the Class&nbsp;A Invested Amount on such date, the Purchaser Group Invested Amount with respect to any
Purchaser Group would exceed the Maximum Purchaser Group Invested Amount with respect to such Purchaser Group then in effect. Any reduction in the Class&nbsp;A Maximum Invested Amount shall be made on a <U>pro rata</U> basis to the Maximum Purchaser
Group Invested Amounts with respect to the Purchaser Groups, based on the Maximum Purchaser Group Invested Amount with respect to each Purchaser Group. Once reduced, the Maximum Purchaser Group Invested Amounts may not be subsequently reinstated
without each such Purchaser Group&#146;s prior written consent, which consent shall be granted or not in the sole discretion of such Purchaser Group. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(d) If, (w)&nbsp;after receiving a request for extension of its Scheduled Expiry Date from ABRCF pursuant to Section&nbsp;2.6(b), a <FONT
STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser Group or the Funding Agent with respect to a CP Conduit Purchaser Group notifies ABRCF in writing of its decision not to extend its Scheduled Expiry Date as requested or fails to respond to
ABRCF&#146;s request within 30 days of its receipt of such request, (x)&nbsp;any <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser Group or any CP Conduit Purchaser Group (or the Funding Agent with respect thereto, on behalf of such CP
Conduit Purchaser Group) (a &#147;<U><FONT STYLE="white-space:nowrap">Non-Consenting</FONT> Purchaser Group</U>&#148;) fails to give its consent for any amendment or waiver requiring the consent of 100% of the Series
<FONT STYLE="white-space:nowrap">2010-6</FONT> Noteholders (or Purchaser Groups having Commitment Percentages aggregating 100%) or the consent of all affected Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Noteholders or Purchaser Groups (and
such Purchaser Group is affected) and for which Holders of Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Notes representing at least a majority of the required voting percentage have consented, (y)&nbsp;after receiving a notice of Increase
in accordance with Section&nbsp;2.3(a), any Purchaser Group fails to fund the full amount of its Commitment Percentage of the related Increase Amount on the Increase Date (a &#147;<U><FONT STYLE="white-space:nowrap">Non-Funding</FONT> Purchaser
Group</U>&#148;) or (z)&nbsp;any Affected Party with respect to any <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser Group or any CP Conduit Purchaser Group (together with any <FONT STYLE="white-space:nowrap">Non-Extending</FONT>
Purchaser Group, <FONT STYLE="white-space:nowrap">Non-Consenting</FONT> Purchaser Group or <FONT STYLE="white-space:nowrap">Non-Funding</FONT> Purchaser Group, &#147;<U>Removed Purchaser Groups</U>&#148;) requests payment for any Article VII Costs
payable under Section&nbsp;7.1(e), at the request of ABRCF such <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser Group or such CP Conduit Purchaser Group shall on a Distribution Date thereafter selected by ABRCF (or such other date as
may be agreed by ABRCF, the Administrative Agent and such <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser or the Funding Agent with respect to such CP Conduit Purchaser Group) assign all or any portion of their respective rights and
obligations under this Supplement and the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Notes pursuant to Section&nbsp;11.1 to a replacement Purchaser Group selected by ABRCF upon payment by the replacement Purchaser Group (or upon payment
by ABRCF as agreed to by ABRCF, the assignor and the assignee) of an amount equal to the sum of (i)&nbsp;the Purchaser Group Invested Amount with respect to such Removed Purchaser Group, and (ii)(A) if such Purchaser Group includes a Match Funding
CP Conduit Purchaser, the sum of (x)&nbsp;all accrued and unpaid Discount on all outstanding Commercial Paper issued by, or for the benefit of, such Match Funding CP Conduit Purchaser to fund the CP Conduit Funded Amount with respect to such Match
Funding CP Conduit Purchaser from the issuance date(s) thereof to but excluding the date (the &#147;<U>Purchase Effective Date</U>&#148;) of the assignment to the replacement Purchaser Group and (y)&nbsp;the aggregate Discount to accrue on all
outstanding Commercial Paper issued by, or for the benefit of, such Match Funding CP Conduit Purchaser to fund the CP Conduit Funded Amount with respect to such Match Funding CP </P>
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Conduit Purchaser from and including the Purchase Effective Date to and excluding the maturity date of each CP Tranche with respect to such Match Funding CP Conduit Purchaser or (B)&nbsp;if such
Removed Purchaser Group includes a Pooled Funding CP Conduit Purchaser, the sum of (x)&nbsp;the aggregate amount of accrued and unpaid Discount on or in respect of the Commercial Paper issued by, or for the benefit of, such Pooled Funding CP Conduit
Purchaser allocated, in whole or in part, by the Funding Agent with respect to such Pooled Funding CP Conduit Purchaser, to fund the purchase or maintenance of the CP Conduit Funded Amount with respect to such Pooled Funding CP Conduit Purchaser as
of the Purchase Effective Date and (y)&nbsp;the aggregate amount of Discount to accrue on or in respect of the Commercial Paper issued by, or for the benefit of, such Pooled Funding CP Conduit Purchaser allocated, in whole or in part, by the Funding
Agent with respect to such Pooled Funding CP Conduit Purchaser, to fund the purchase or maintenance of the CP Conduit Funded Amount with respect to such Pooled Funding CP Conduit Purchaser from and including the Purchase Effective Date to and
excluding the maturity dates of such Commercial Paper, and (iii)&nbsp;(A) if such Removed Purchaser Group is a <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser Group, all accrued and unpaid interest on the Purchaser Group Invested
Amount for such <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser Group, calculated as the sum for each day from but excluding the last day of the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Interest Period immediately
preceding the Purchase Effective Date to but excluding the Purchase Effective Date of the product of (1)&nbsp;the Purchaser Group Invested Amount with respect to such <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser on such day, times
(2)&nbsp;the sum of the LIBO Rate with respect to each such day and the Program Fee Rate with respect to such <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser Group divided by (3) 360, or (B)&nbsp;if such Removed Purchaser Group is a CP
Conduit Purchaser Group, the sum of (1)&nbsp;all accrued and unpaid interest on the APA Bank Funded Amount with respect to such Purchaser Group, calculated at the Alternate Base Rate or the applicable Adjusted LIBO Rate plus the Applicable Margin as
of the Purchase Effective Date and (2)&nbsp;if such CP Conduit Purchaser Group includes a LIBOR Funding CP Conduit Purchaser, all accrued and unpaid interest on the CP Conduit Funded Amount for such LIBOR Funding CP Conduit Purchaser, calculated as
the sum for each day from but excluding the last day of the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Interest Period immediately preceding the Purchase Effective Date to but excluding the Purchase Effective Date of the product of
(x)&nbsp;the CP Conduit Funded Amount with respect to such LIBOR Funding CP Conduit Purchaser on each such day, times (y)&nbsp;the LIBO Rate with respect to each such day with respect to such CP Conduit Purchaser Group divided by (z) 360, and
(iv)&nbsp;if such Removed Group is a CP Conduit Purchaser Group, for each day from but excluding the last day of the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Interest Period immediately preceding the Purchase Effective Date to but
excluding the Purchase Effective Date, an amount equal to (x)&nbsp;the CP Conduit Funded Amount with respect to such Removed Purchaser Group on such day times (y)&nbsp;the Program Fee Rate divided by (z) 360, and (v)&nbsp;for each day from but
excluding the last day of the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Interest Period immediately preceding the Purchase Effective Date to but excluding the Purchase Effective Date, an amount equal to (x)&nbsp;the excess, if any, of
the Commitment Amount with respect to such Removed Purchaser Group over the Purchaser Group Invested Amount with respect to such Purchaser Group on such day times (y)&nbsp;the Commitment Fee Rate as of such date divided by (z) 360, and (vi)&nbsp;all
Article VII Costs then due and payable to such Removed Purchaser Group and (vii)&nbsp;without duplication, any other amounts then due and payable to such Removed Purchaser Group pursuant to this Supplement. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(e) ABRCF may at any time add as a Class&nbsp;A Noteholder (A)&nbsp;one or more multi-seller commercial paper conduits as additional CP
Conduit Purchasers (each an &#147;<U>Additional CP Conduit Purchaser</U>&#148;) and one or more banks providing support to the Additional </P>
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CP Conduit Purchaser as APA Banks with respect to the Additional CP Conduit Purchaser (the &#147;<U>Related Additional APA Banks</U>&#148;) or (B)&nbsp;a financial institution or other entity
(other than a commercial paper conduit) as an additional <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser (an &#147;<U>Additional <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser</U>&#148;), in each case with the prior
written consent of the Administrative Agent (which consent shall not be unreasonably withheld), by providing at least ten Business Days written notice of (i)&nbsp;(A) the names of the Additional CP Conduit Purchasers, the Related Additional APA
Banks and the funding agent with respect to the Additional CP Conduit Purchasers and the Related Additional APA Banks (the &#147;<U>Additional Funding Agent</U>&#148;) or (B)&nbsp;the name of the Additional
<FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser, as applicable, (ii)&nbsp;the date on which ABRCF desires to effect such addition (the &#147;<U>Purchaser Group Addition Date</U>&#148;), (iii) the proposed Maximum Purchaser Group
Invested Amount with respect to the Additional CP Conduit Purchasers and the Related Additional APA Banks or the Additional <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser, as applicable, and (iv)&nbsp;the Commitment Percentage of each
Purchaser Group on the Purchaser Group Addition Date, after giving effect to the addition of the Additional CP Conduit Purchasers and the Related Additional APA Banks or the Additional <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser,
as applicable. On the Purchaser Group Addition Date, each Purchaser Group shall make an assignment and assumption to the Additional CP Conduit Purchasers, the Related Additional APA Banks and the Additional Funding Agent or the Additional <FONT
STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser, as applicable, pursuant to Section&nbsp;11.1, as directed by the Administrative Agent, with the result that after giving effect thereto, the Purchaser Group Invested Amount with respect to
each such Purchaser Group shall equal the product of (x)&nbsp;the Class&nbsp;A Invested Amount on the Purchaser Group Addition Date and (y)&nbsp;the Commitment Percentage of such Purchaser Group on the Purchaser Group Addition Date, after giving
effect to the addition of the Additional CP Conduit Purchasers and the Related Additional APA Banks or the Additional <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser, as applicable. No Purchaser Group shall be required to make any
assignment unless such assigning Purchaser Group shall receive in cash an amount equal to the reduction in its Class&nbsp;A Invested Amount. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;2.7. Interest; Fees. (a)&nbsp;Interest shall be payable on the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Notes on
each Distribution Date pursuant to Section&nbsp;3.3. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(b) On any Business Day, ABRCF may, subject to Section&nbsp;2.7(c), elect to
allocate all or any portion of the Available CP Funding Amount with respect to any Match Funding CP Conduit Purchaser, to one or more CP Tranches with CP Rate Periods commencing on such Business Day by giving the Administrative Agent and the Funding
Agent with respect to such Match Funding CP Conduit Purchaser irrevocable written or telephonic (confirmed in writing) notice thereof, which notice must be received by such Funding Agent prior to 3:00 p.m. (New&nbsp;York City time) on the second
Business Day prior to such Business Day. Such notice shall specify (i)&nbsp;the applicable Business Day, (ii)&nbsp;the CP Rate Period for each CP Tranche to which a portion of the Available CP Funding Amount with respect to such CP Conduit Purchaser
Group is to be allocated and (iii)&nbsp;the portion of such Available CP Funding Amount being allocated to each such CP Tranche. On any Business Day, ABRCF may, subject to Sections 2.7(c) and 7.4, elect to allocate all or any portion of the
Available APA Bank Funding Amount with respect to any CP Conduit Purchaser Group to one or more Eurodollar Tranches with Eurodollar Periods commencing on such Business Day by giving the Administrative Agent and the Funding Agent with respect to such
CP Conduit Purchaser Group irrevocable written or telephonic (confirmed in writing) notice thereof, which notice must be received by such Funding Agent prior to 1:00 p.m. (New&nbsp;York City time) three Business Days prior to such Business Day. Such
notice shall specify </P>
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(i) the applicable Business Day, (ii)&nbsp;the Eurodollar Period for each Eurodollar Tranche to which a portion of the Available APA Bank Funding Amount with respect to such CP Conduit Purchaser
Group is to be allocated and (iii)&nbsp;the portion of such Available APA Bank Funding Amount being allocated to each such Eurodollar Tranche. Upon receipt of any such notice, the Funding Agent with respect to a CP Conduit Purchaser Group shall
notify the CP Conduit Purchaser and the APA Bank with respect to such CP Conduit Purchaser Group of the contents of such notice promptly upon receipt thereof. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(c) Notwithstanding anything to the contrary contained in this Section&nbsp;2.7, (i)&nbsp;(A) each Match Funding CP Conduit Purchaser shall
approve the length of each CP Rate Period and the portion of the Available CP Funding Amount with respect to such Match Funding CP Conduit Purchaser allocated to such CP Rate Period, (B)&nbsp;such Match Funding CP Conduit Purchaser may select, in
its sole discretion, any new CP Rate Period if (x)&nbsp;ABRCF does not provide notice of a new CP Rate Period on a timely basis or (y)&nbsp;the Funding Agent with respect to such Match Funding CP Conduit Purchaser, on behalf of such Match Funding CP
Conduit Purchaser, determines, in its sole discretion, that the CP Rate Period requested by ABRCF is unavailable or for any reason commercially undesirable and (C)&nbsp;the portion of the Available CP Funding Amount with respect to such Match
Funding CP Conduit Purchaser allocable to each CP Tranche must be in an amount equal to $1,000,000 or an integral multiple of $100,000 in excess thereof and (ii)&nbsp;(A) the portion of the Available APA Bank Funding Amount with respect to any CP
Conduit Purchaser Group allocable to each Eurodollar Tranche must be in an amount equal to $100,000 or an integral multiple of $100,000 in excess thereof, (B)&nbsp;no more than 7 Eurodollar Tranches with respect to such CP Conduit Purchaser Group
shall be outstanding at any one time, (C)&nbsp;after the occurrence and during the continuance of any Amortization Event or Potential Amortization Event, ABRCF may not elect to allocate any portion of the Available APA Bank Funding Amount with
respect to any CP Conduit Purchaser Group to a Eurodollar Tranche and (D)&nbsp;during the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Controlled Amortization Period or the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Rapid
Amortization Period, ABRCF may not select any Eurodollar Period that does not end on or prior to the next succeeding Distribution Date. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(d) On any Business Day, a Match Funding CP Conduit Purchaser may elect that ABRCF no longer be permitted to select CP Tranches in accordance
with Sections 2.7(b) and (c)&nbsp;in respect of the CP Conduit Funded Amount with respect to such CP Conduit Purchaser by giving ABRCF and the Administrative Agent irrevocable written notice thereof, which notice must be received by ABRCF and the
Administrative Agent at least one Business Day prior to such Business Day. On any Business Day, a Pooled Funding CP Conduit Purchaser may with the prior written consent of the Administrator (which consent shall not be unreasonably withheld) elect
thereafter to allow ABRCF to select CP Tranches in accordance with Sections 2.7(b) and (c)&nbsp;in respect of the CP Conduit Funded Amount with respect to such CP Conduit Purchaser by giving ABRCF and the Administrative Agent irrevocable written
notice thereof, which notice and consent must be received by ABRCF and the Administrative Agent at least one Business Day prior to such election. Any CP Conduit Purchaser making an election to change the manner in which its funding costs in respect
of its Class&nbsp;A Note are allocated in accordance with this Section&nbsp;2.7(d) will be both a Match Funding CP Conduit Purchaser and a Pooled Funding CP Conduit Purchaser during the period that its Class&nbsp;A Note is funded on both a
&#147;pooled&#148; and &#147;match funded&#148; basis and its Monthly Funding Costs during that period will be calculated accordingly. </P>
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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(e) ABRCF shall pay with funds available pursuant to Section&nbsp;3.3(a) to the
Administrative Agent, for the account of each Purchaser Group, on each Distribution Date, a commitment fee with respect to the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Interest Period ending on the day preceding such Distribution Date
(the &#147;<U>Commitment Fee</U>&#148;) during the period from the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Closing Date to and including the Expiry Date with respect to such Purchaser Group equal to the product of (x)&nbsp;the
Commitment Fee Rate with respect to such Purchaser Group as of the last day of such Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Interest Period and (y)&nbsp;the excess of (i)&nbsp;the average daily Commitment Amount with respect to such
Purchaser Group during such Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Interest Period over (ii)&nbsp;the average daily Purchaser Group Invested Amount with respect to such Purchaser Group during such Series
<FONT STYLE="white-space:nowrap">2010-6</FONT> Interest Period. The Commitment Fees shall be payable monthly in arrears on each Distribution Date and shall be considered interest on the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Notes for
purposes of calculating the Accrued Amounts with respect to the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Notes. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(f) ABRCF
shall pay with funds available pursuant to Section&nbsp;3.3(g) to the Administrative Agent, for the account of each Purchaser Group, on each Distribution Date, the Contingent Monthly Funding Costs with respect to each Purchaser Group for the related
Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Interest Period. The Contingent Monthly Funding Costs shall be payable monthly in arrears on each Distribution Date. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(g) With respect to the Class&nbsp;A Notes, calculations of per annum rates under this Supplement shall be made on the basis of a <FONT
STYLE="white-space:nowrap">360-</FONT> (or <FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">365-/366-</FONT></FONT> in the case of interest on the Floating Tranche based on the Prime Rate) day year. With respect to the Class&nbsp;R
Notes, calculations of per annum rates under this Supplement shall be made on the basis of a <FONT STYLE="white-space:nowrap">360-day</FONT> year consisting of twelve <FONT STYLE="white-space:nowrap">30-day</FONT> months. Calculations of Commitment
Fees shall be made on the basis of a <FONT STYLE="white-space:nowrap">360-day</FONT> year. Each determination of the Adjusted LIBO Rate or LIBO Rate by the Administrative Agent or by any <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser
shall be conclusive and binding upon each of the parties hereto in the absence of manifest error. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(h) On any date prior to the occurrence
of an Amortization Event on which more than 50% of the Class&nbsp;A Invested Amount as of such date is funded by one or more APA Banks, each <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser may elect, in its sole discretion, by
delivering written notice to ABRCF, the Administrator and the Administrative Agent (a &#147;<U>Pricing Increase Notice</U>&#148;), to have the Monthly Funding Costs with respect to such <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser
calculated for each day of a Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Interest Period that more than 50% of the Class&nbsp;A Invested Amount is funded by one or more APA Banks at a rate per annum equal to the sum of (A)&nbsp;the LIBO
Rate with respect to such day and (B)&nbsp;the Applicable Margin with respect to any Eurodollar Tranche on such day (rather than the LIBO Rate with respect to such day and the Program Fee Rate on such day). At any time following delivery of a
Pricing Increase Notice by a <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser, such <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser may, in its sole discretion, rescind such election by delivering written notice thereof to
ABRCF and the Administrative Agent (a &#147;<U>Pricing Increase Rescission</U>&#148;). </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;2.8. Indemnification by ABRCF. ABRCF
agrees to indemnify and hold harmless the Trustee, the Administrative Agent, each Funding Agent, each CP Conduit Purchaser, each APA Bank, each <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser and each of their respective officers,
directors, agents and employees (each, a &#147;<U>Company indemnified person</U>&#148;) from and against any loss, liability, expense, damage or injury suffered or sustained by (a &#147;<U>Claim</U>&#148;) such Company
</P>
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indemnified person by reason of (i)&nbsp;any acts, omissions or alleged acts or omissions arising out of, or relating to, activities of ABRCF pursuant to the Indenture or the other Related
Documents to which it is a party, (ii)&nbsp;a breach of any representation or warranty made or deemed made by ABRCF (or any of its officers) in the Indenture or other Related Document or (iii)&nbsp;a failure by ABRCF to comply with any applicable
law or regulation or to perform its covenants, agreements, duties or obligations required to be performed or observed by it in accordance with the provisions of the Indenture or the other Related Documents, including, but not limited to, any
judgment, award, settlement, reasonable attorneys&#146; fees and other reasonable costs or expenses incurred in connection with the defense of any actual or threatened action, proceeding or claim, except to the extent such loss, liability, expense,
damage or injury resulted from the gross negligence, bad faith or willful misconduct of such Company indemnified person or its officers, directors, agents, principals, employees or employers or includes any Excluded Taxes; <U>provided</U> that any
payments made by ABRCF pursuant to this Section&nbsp;2.8 shall be made solely from funds available pursuant to Section&nbsp;3.3(e), shall be <FONT STYLE="white-space:nowrap">non-recourse</FONT> other than with respect to such funds, and shall not
constitute a claim against ABRCF to the extent that such funds are insufficient to make such payment. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;2.9. Funding Agents.
(a)&nbsp;The Funding Agent with respect to each CP Conduit Purchaser Group is hereby authorized to record on each Business Day the CP Conduit Funded Amount with respect to such CP Conduit Purchaser Group and the aggregate amount of Discount accruing
with respect thereto on such Business Day and the APA Bank Funded Amount with respect to such CP Conduit Purchaser Group and the amount of interest accruing with respect thereto on such Business Day and, based on such recordations, to determine the
Monthly Funding Costs with respect to each Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Interest Period and such CP Conduit Purchaser Group. Any such recordation by a Funding Agent, absent manifest error, shall constitute prima facie
evidence of the accuracy of the information so recorded. Furthermore, the Funding Agent with respect to each CP Conduit Purchaser Group will maintain records sufficient to identify the percentage interest of the related CP Conduit Purchasers and
each APA Bank with respect to such CP Conduit Purchaser Group holding an interest in the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Note registered in the name of such Funding Agent and any amounts owing thereunder. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(b) Upon receipt of funds from the Administrative Agent on each Distribution Date and the date of any Decrease, each Funding Agent shall pay
such funds to the related CP Conduit Purchasers and/or the related APA Bank owed such funds in accordance with the recordations maintained by it in accordance with Section&nbsp;2.9(a) and the Asset Purchase Agreement with respect to such CP Conduit
Purchaser. If a Funding Agent shall have paid to any CP Conduit Purchaser or APA Bank any funds that (i)&nbsp;must be returned for any reason (including bankruptcy) or (ii)&nbsp;exceeds that which such CP Conduit Purchaser or APA Bank was entitled
to receive, such amount shall be promptly repaid to such Funding Agent by such CP Conduit Purchaser or APA Bank. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(c) Each Funding Agent
hereby notifies ABRCF that: (i)&nbsp;such Funding Agent and/or its affiliates may from time to time purchase, hold or sell, as principal and/or agent, Commercial Paper issued by the CP Conduit Purchasers for which it acts as Funding Agent;
(ii)&nbsp;such Funding Agent and/or its affiliates act as administrative agent for the related CP Conduit Purchasers, and as administrative agent such Funding Agent manages such CP Conduit Purchasers&#146; issuance of Commercial Paper, including the
selection of amount and tenor of </P>
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Commercial Paper issuance, and the discount or interest rate applicable thereto; (iii)&nbsp;such Funding Agent and/or its affiliates act as a Commercial Paper dealer for such CP Conduit
Purchasers; and (iv)&nbsp;such Funding Agent&#146;s activities as administrative agent and Commercial Paper dealer for such CP Conduit Purchasers, and as a purchaser or seller of Commercial Paper, impact the interest or discount rate applicable to
the Commercial Paper issued by such CP Conduit Purchasers, which impact the Monthly Funding Costs paid by ABRCF hereunder. ABRCF hereby (x)&nbsp;acknowledges the foregoing and agrees that each such Funding Agent does not warrant or accept any
responsibility for, and shall not have any liability with respect to, the interest or discount rate paid by the CP Conduit Purchasers for which it acts as Funding Agent in connection with its Commercial Paper issuance; (y)&nbsp;acknowledges that the
discount or interest rate at which such Funding Agent and/or its affiliates purchase or sell Commercial Paper will be determined by such Funding Agent and/or its affiliates in their sole discretion and may differ from the discount or interest rate
applicable to comparable transactions entered into by such Funding Agent and/or its affiliates on the relevant date; and (z)&nbsp;waives any conflict of interest arising by reason of such Funding Agent and/or its affiliates acting as administrative
agent and Commercial Paper dealer for the applicable CP Conduit Purchasers while acting as purchaser or seller of Commercial Paper. </P>
<P STYLE="margin-top:24pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>ARTICLE III </B></P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>SERIES <FONT
STYLE="white-space:nowrap">2010-6</FONT> ALLOCATIONS </B></P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">With respect to the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Notes,
the following shall apply: </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;3.1. Establishment of Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Collection Account,
Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Excess Collection Account and Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Accrued Interest Account. (a) All Collections allocable to the Series
<FONT STYLE="white-space:nowrap">2010-6</FONT> Notes shall be allocated to the Collection Account. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(b) The Trustee will create three
administrative subaccounts within the Collection Account for the benefit of the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Noteholders: the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Collection Account (such <FONT
STYLE="white-space:nowrap">sub-account,</FONT> the &#147;<U>Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Collection Account</U>&#148;), the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Excess Collection Account (such <FONT
STYLE="white-space:nowrap">sub-account,</FONT> the &#147;<U>Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Excess Collection Account</U>&#148;) and the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Accrued Interest Account (such <FONT
STYLE="white-space:nowrap">sub-account,</FONT> the &#147;<U>Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Accrued Interest Account</U>&#148;). </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(c) With respect to all Accounts created pursuant to this Supplement, the Trustee represents on the date hereof that it has an office in the
United States which is not intended to be merely temporary and meets the description set forth in the second sentence of Article 4(1) of the Hague Convention on the Law Applicable to Certain Rights in Respect of Securities Held with an Intermediary,
concluded 5&nbsp;July 2006. The Law in force in the State of New York is applicable to all issues specified in Article 2(1) of the Hague Convention on the Law Applicable to Certain Rights in Respect of Securities Held with an Intermediary, concluded
5&nbsp;July 2006. </P>
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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;3.2. Allocations with Respect to the Series
<FONT STYLE="white-space:nowrap">2010-6</FONT> Notes. The net proceeds from the initial sale of the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Notes and any Increase will be deposited into the Collection Account. On each Business Day on
which Collections are deposited into the Collection Account (each such date, a &#147;<U>Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Deposit Date</U>&#148;), the Administrator will direct the Trustee in writing pursuant to the
Administration Agreement to allocate all amounts deposited into the Collection Account in accordance with the provisions of this Section&nbsp;3.2: </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:5%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(a) <U>Allocations of Collections During the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Revolving Period</U>. During
the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Revolving Period, the Administrator will direct the Trustee in writing pursuant to the Administration Agreement to allocate on each day, prior to 11:00 a.m. (New&nbsp;York City time) on each
Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Deposit Date, all amounts deposited into the Collection Account as set forth below: </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:9%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(i) allocate to the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Collection Account an amount equal to the sum of
(A)&nbsp;the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Invested Percentage (as of such day) of the aggregate amount of Interest Collections on such day and (B)&nbsp;any Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Interest Rate
Cap Proceeds received by the Trustee on such day. All such amounts allocated to the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Collection Account shall be further allocated to the Series <FONT STYLE="white-space:nowrap">2010-6</FONT>
Accrued Interest Account; and </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:9%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(ii) allocate to the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Excess Collection
Account the sum of (A)&nbsp;the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Invested Percentage (as of such day) of the aggregate amount of Principal Collections on such day (for any such day, the &#147;<U>Series <FONT
STYLE="white-space:nowrap">2010-6</FONT> Principal Allocation</U>&#148;) and (B)&nbsp;the proceeds from the initial issuance of the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Notes and from any Increase; <U>provided</U>, <U>however</U>,
if a Waiver Event shall have occurred, then such allocation shall be modified as provided in Article V. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:5%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(b) <U>Allocations
of Collections During the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Controlled Amortization Period.</U> With respect to the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Controlled Amortization Period, the Administrator will
direct the Trustee in writing pursuant to the Administration Agreement to allocate, prior to 11:00 a.m. (New York City time) on any Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Deposit Date, all amounts deposited into the Collection Account
as set forth below: </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:9%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(i) allocate to the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Collection Account an amount
determined as set forth in Section&nbsp;3.2(a)(i) above for such day, which amount shall be further allocated to the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Accrued Interest Account; and </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:9%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(ii) allocate to the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Collection Account an amount equal to the Series <FONT
STYLE="white-space:nowrap">2010-6</FONT> Principal Allocation for such day, which amount shall be used to make principal payments in respect of the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Notes (A)&nbsp;in accordance with
Section&nbsp;3.5, (1) first, in respect of the Class&nbsp;A Notes in an amount equal to the Class&nbsp;A Controlled Distribution Amount with respect to the Related Month and (2)&nbsp;second, in respect of the Class&nbsp;R Notes, in an amount equal
to the Class&nbsp;R Controlled Distribution Amount with respect to the Related Month or (B)&nbsp;to make a Decrease; <U>provided</U>, <U>however</U>, that if the Monthly Total Principal Allocation for any Related Month exceeds the Series <FONT
STYLE="white-space:nowrap">2010-6</FONT> Controlled Distribution Amount with respect to the Related Month, then the amount of such excess shall be allocated to the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Excess Collection Account; and
<U>provided</U>, <U>further</U>, that if a Waiver Event shall have occurred, then such allocation shall be modified as provided in Article&nbsp;V. </P>
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 <P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:5%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(c) <U>Allocations of Collections During the Series <FONT
STYLE="white-space:nowrap">2010-6</FONT> Rapid Amortization Period</U>. With respect to the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Rapid Amortization Period, other than after the occurrence of an Event of Bankruptcy with respect to
ABCR, any other Lessee or any Permitted Sublessee (other than a third-party Permitted Sublessee), the Administrator will direct the Trustee in writing pursuant to the Administration Agreement to allocate, prior to 11:00 a.m. (New York City time) on
any Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Deposit Date, all amounts deposited into the Collection Account as set forth below: </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:9%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(i) allocate to the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Collection Account an amount determined as set forth
in Section&nbsp;3.2(a)(i) above for such day, which amount shall be further allocated to the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Accrued Interest Account; and </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:9%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(ii) allocate to the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Collection Account an amount equal to the Series <FONT
STYLE="white-space:nowrap">2010-6</FONT> Principal Allocation for such day, which amount shall be used to make principal payments in respect of the Class&nbsp;A Notes until the Class&nbsp;A Invested Amount is paid in full, and then to make principal
payments in respect of the Class&nbsp;R Notes until the Class&nbsp;R Invested Amount is paid in full; <U>provided</U> that if on any Determination Date (A)&nbsp;the Administrator determines that the amount anticipated to be available from Interest
Collections allocable to the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Notes, Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Interest Rate Cap Proceeds and other amounts available pursuant to Section&nbsp;3.3 to pay Class&nbsp;A
Senior Monthly Interest and the Commitment Fees on the next succeeding Distribution Date will be less than the Class&nbsp;A Senior Monthly Interest and Commitment Fees for the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Interest Period
ending on the day preceding such Distribution Date and (B)&nbsp;the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Enhancement Amount is greater than zero, then the Administrator shall direct the Trustee in writing to reallocate a portion of
the Principal Collections allocated to the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Notes during the Related Month equal to the lesser of such insufficiency and the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Enhancement
Amount to the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Accrued Interest Account to be treated as Interest Collections on such Distribution Date; <U>provided</U> <U>further</U> that if, after giving effect to any allocation on such
Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Deposit Date, the Monthly Total Principal Allocation for the Related Month would exceed the sum of (x)&nbsp;the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Invested Amount on such date
and (y)&nbsp;any insufficiency described in the preceding proviso, then such excess shall be allocated to the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Reserve Account. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:5%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(d) <U>Allocations of Collections after the Occurrence of an Event of Bankruptcy</U>. After the occurrence of an Event of
Bankruptcy with respect to ABCR, any other Lessee or any Permitted Sublessee (other than a third-party Permitted Sublessee), the Administrator will direct the Trustee in writing pursuant to the Administration Agreement to allocate, prior to 11:00
a.m. (New York City time) on any Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Deposit Date, all amounts deposited into the Collection Account as set forth below: </P>
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 <P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:9%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(i) allocate to the Series <FONT STYLE="white-space:nowrap">2010-6</FONT>
Collection Account an amount equal to the sum of (A)&nbsp;the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> AESOP I Operating Lease Vehicle Percentage as of the date of the occurrence of such Event of Bankruptcy of the aggregate amount of
Interest Collections made under the AESOP I Operating Lease Loan Agreement, (B)&nbsp;the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> VFN Percentage of the aggregate amount of Interest Collections made under the AESOP II Loan Agreement and
(C)&nbsp;any Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Interest Rate Cap Proceeds received by the Trustee on such day. All such amounts allocated to the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Collection Account shall be
further allocated to the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Accrued Interest Account; and </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:9%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(ii) allocate
to the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Collection Account an amount equal to the sum of (A)&nbsp;the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> AESOP I Operating Lease Vehicle Percentage as of the date of the
occurrence of such Event of Bankruptcy of the aggregate amount of Principal Collections made under the AESOP I Operating Lease Loan Agreement and (B)&nbsp;the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> VFN Percentage of the aggregate
amount of Principal Collections made under the AESOP II Loan Agreement, which amount shall be used to make principal payments in respect of the Class&nbsp;A Notes until the Class&nbsp;A Invested Amount is paid in full, and after the Class&nbsp;A
Notes have been paid in full shall be used to make principal payments in respect of the Class&nbsp;R Notes until the Class&nbsp;R Invested Amount is paid in full; <U>provided</U> that if on any Determination Date (A)&nbsp;the Administrator
determines that the amount anticipated to be available from Interest Collections allocable to the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Notes, Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Interest Rate Cap Proceeds and other
amounts available pursuant to Section&nbsp;3.3 to pay Class&nbsp;A Senior Monthly Interest and the Commitment Fees on the next succeeding Distribution Date will be less than the Class&nbsp;A Senior Monthly Interest and Commitment Fees for the Series
<FONT STYLE="white-space:nowrap">2010-6</FONT> Interest Period ending on the day preceding such Distribution Date and (B)&nbsp;the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Enhancement Amount is greater than zero, then the Administrator
shall direct the Trustee in writing to reallocate a portion of the Principal Collections allocated to the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Notes during the Related Month equal to the lesser of such insufficiency and the Series <FONT
STYLE="white-space:nowrap">2010-6</FONT> Enhancement Amount to the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Accrued Interest Account to be treated as Interest Collections on such Distribution Date; <U>provided</U> <U>further</U> that
if, after giving effect to any allocation on such Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Deposit Date, the Monthly Total Principal Allocation for the Related Month would exceed the sum of (x)&nbsp;the Series <FONT
STYLE="white-space:nowrap">2010-6</FONT> Invested Amount on such date and (y)&nbsp;any insufficiency described in the preceding proviso, then such excess shall be allocated to the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Reserve
Account. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:5%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(e) <U>Allocations From Other Series</U>. Amounts allocated to other Series of Notes that have been reallocated
by ABRCF to the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Notes (i)&nbsp;during the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Revolving Period shall be allocated to the Series <FONT STYLE="white-space:nowrap">2010-6</FONT>
Excess Collection Account and applied in accordance with Section&nbsp;3.2(e) and (ii)&nbsp;during the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Controlled Amortization Period or the Series <FONT STYLE="white-space:nowrap">2010-6</FONT>
Rapid Amortization Period shall be allocated to the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Collection Account and applied in accordance with Section&nbsp;3.2(b)(ii), 3.2(c)(ii) or 3.2(d)(ii), as the case may be, to make principal
payments in respect of the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Notes or to be allocated to the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Reserve Account. </P>
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 <P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:5%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(f) <U>Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Excess
Collection Account</U>. Amounts allocated to the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Excess Collection Account on any Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Deposit Date will be (i)&nbsp;first, used to reduce the
Purchaser Group Invested Amount with respect to any <FONT STYLE="white-space:nowrap">Non-Extending</FONT> Purchaser Group to the extent required pursuant to Section&nbsp;2.5(d), (ii) second, deposited in the Series
<FONT STYLE="white-space:nowrap">2010-6</FONT> Reserve Account in an amount up to the excess, if any, of the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Required Reserve Account Amount for such date, after giving effect to any Increase or
Decrease on such date, over the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Available Reserve Account Amount for such date, (iii)&nbsp;third, to the extent directed by ABRCF used to pay the principal amount of other Series of Notes that
are then required to be paid, (iv)&nbsp;fourth, to the extent directed in writing by the Administrator, used to make a voluntary Decrease in the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Invested Amount, (v)&nbsp;fifth, to the extent
directed in writing by the Administrator used to make a voluntary decrease in the Invested Amount of any other Series of Notes that may be reduced in accordance with the Indenture, (vi)&nbsp;sixth, released to AESOP Leasing in an amount equal to
(A)&nbsp;the Loan Agreement&#146;s Share with respect to the AESOP I Operating Lease Loan Agreement as of such date times (B) 100% minus the Loan Payment Allocation Percentage with respect to the AESOP I Operating Lease Loan Agreement as of such
date times (C)&nbsp;the amount of any remaining funds and (vii)&nbsp;seventh, paid to ABRCF for any use permitted under the Related Documents, including to make Loans under the Loan Agreements to the extent the Borrowers have requested Loans
thereunder and Eligible Vehicles are available for financing thereunder; <U>provided</U>, in the case of clauses (v), (vi) and (vii), that no AESOP I Operating Lease Vehicle Deficiency would result therefrom or exist immediately thereafter. Upon the
occurrence of an Amortization Event, funds on deposit in the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Excess Collection Account will be withdrawn by the Trustee, deposited in the Series <FONT STYLE="white-space:nowrap">2010-6</FONT>
Collection Account and allocated as Principal Collections to reduce the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Invested Amount on the immediately succeeding Distribution Date or to be allocated to the Series <FONT
STYLE="white-space:nowrap">2010-6</FONT> Reserve Account. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:5%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(g) <U>Past Due Rental Payments</U>. Notwithstanding
Section&nbsp;3.2(a), if after the occurrence of a Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Lease Payment Deficit, the Lessees shall make payments of Monthly Base Rent or other amounts payable by the Lessees under the Leases on or prior
to the fifth Business Day after the occurrence of such Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Lease Payment Deficit (a &#147;<U>Past Due Rent Payment</U>&#148;), the Administrator shall direct the Trustee in writing pursuant to the
Administration Agreement to allocate to the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Collection Account an amount equal to the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Invested Percentage as of the date of the occurrence of
such Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Lease Payment Deficit of the Collections attributable to such Past Due Rent Payment (the &#147;<U>Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Past Due Rent Payment</U>&#148;). The
Administrator shall instruct the Trustee in writing pursuant to the Administration Agreement to withdraw from the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Collection Account and apply the Series
<FONT STYLE="white-space:nowrap">2010-6</FONT> Past Due Rent Payment in the following order: </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:9%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(i) if the occurrence of such
Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Lease Payment Deficit resulted in a withdrawal being made from the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Reserve Account pursuant to Section&nbsp;3.3(b), deposit in the Series <FONT
STYLE="white-space:nowrap">2010-6</FONT> Reserve Account an amount equal to the lesser of (x)&nbsp;the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Past Due Rent Payment and (y)&nbsp;the excess, if any, of the Series <FONT
STYLE="white-space:nowrap">2010-6</FONT> Required Reserve Account Amount over the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Available Reserve Account Amount on such day; </P>
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 <P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:9%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(ii) if the occurrence of the related Series
<FONT STYLE="white-space:nowrap">2010-6</FONT> Lease Payment Deficit resulted in one or more Lease Deficit Disbursements being made under the Multi-Series Letters of Credit, pay to each Multi-Series Letter of Credit Provider who made such a Lease
Deficit Disbursement for application in accordance with the provisions of the applicable Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Reimbursement Agreement an amount equal to the lesser of (x)&nbsp;the unreimbursed amount of such
Multi-Series Letter of Credit Provider&#146;s Lease Deficit Disbursement and (y)&nbsp;such Multi-Series Letter of Credit Provider&#146;s pro rata share, calculated on the basis of the unreimbursed amount of each Multi-Series Letter of Credit
Provider&#146;s Lease Deficit Disbursement, of the amount of the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Past Due Rent Payment remaining after payment pursuant to clause (i)&nbsp;above; </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:9%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(iii) if the occurrence of such Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Lease Payment Deficit resulted in a
withdrawal being made from the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Cash Collateral Account, deposit in the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Cash Collateral Account an amount equal to the lesser of (x)&nbsp;the
amount of the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Past Due Rent Payment remaining after any payment pursuant to clauses (i)&nbsp;and (ii) above and (y)&nbsp;the amount withdrawn from the Series
<FONT STYLE="white-space:nowrap">2010-6</FONT> Cash Collateral Account on account of such Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Lease Payment Deficit; </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:9%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(iv) allocate to the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Accrued Interest Account the amount, if any, by
which the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Lease Interest Payment Deficit, if any, relating to such Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Lease Payment Deficit exceeds the amount of the Series <FONT
STYLE="white-space:nowrap">2010-6</FONT> Past Due Rent Payment applied pursuant to clauses (i), (ii) and (iii)&nbsp;above; and </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:9%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(v) treat the remaining amount of the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Past Due Rent Payment as Principal
Collections allocated to the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Notes in accordance with Section&nbsp;3.2(a)(ii), 3.2(b)(ii) or 3.2(c)(ii), as the case may be. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;3.3. Payments to Noteholders. The Funding Agent with respect to each CP Conduit Purchaser Group and each <FONT
STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser shall provide written notice to the Administrative Agent (x)&nbsp;no later than two Business Days prior to each Determination Date, setting forth the Monthly Funding Costs with respect to its
Related Purchaser Group with respect to the portion of the current Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Interest Period ending on such Business Day and a reasonable estimation of the Monthly Funding Costs with respect to such
Purchaser Group for the remainder of such Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Interest Period and (y)&nbsp;within three Business Days after the end of each calendar month, setting forth the Monthly Funding Costs (calculated as if
such calendar month was a Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Interest Period) with respect to such Purchaser Group for such calendar month. The Administrative Agent shall, within two Business Days following its receipt of such
information from each Funding Agent and each <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser, compile the information provided in such written notice pursuant to (x)&nbsp;or (y) above, as applicable, into one written notice for all
Purchaser Groups and forward such notice to the Administrator. The Administrator shall determine the Senior Monthly Funding Costs, the Contingent Monthly Funding Costs and the Class&nbsp;A Senior Note Rate based on the information provided by the
Funding Agents and the <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchasers. If the actual amount of the Monthly Funding Costs with respect to any Purchaser Group for a Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Interest Period
is less than or </P>
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greater than the amount thereof estimated by the Funding Agent or the <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser with respect to its Related Purchaser Group on a Determination
Date, such Funding Agent or <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser shall notify the Administrator and the Administrative Agent thereof on the next succeeding Determination Date and the Administrator will reduce or increase the
Monthly Funding Costs with respect to such Purchaser Group for the next succeeding Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Interest Period accordingly. The Administrator shall determine the Senior Monthly Funding Costs, the Contingent
Monthly Funding Costs and the Class&nbsp;A Senior Note Rate for the last Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Interest Period on the Determination Date immediately preceding the final Distribution Date based on the information
provided by the Funding Agents and the <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchasers. If a Funding Agent or <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser determines that the actual Monthly Funding Costs with respect
to its Related Purchaser Group for the last Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Interest Period will be more or less than the estimate thereof provided to the Administrator and informs the Administrator of such variance prior to
the Distribution Date for such Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Interest Period, the Administrator will recalculate the Senior Monthly Funding Costs, the Contingent Monthly Funding Costs and the Class&nbsp;A Senior Note Rate
with respect to such Purchaser Group for such Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Interest Period. On each Determination Date, as provided below, the Administrator shall instruct the Paying Agent in writing pursuant to the
Administration Agreement to withdraw, and on the following Distribution Date the Paying Agent, acting in accordance with such instructions, shall withdraw the amounts required to be withdrawn from the Collection Account pursuant to
Section&nbsp;3.3(a) below in respect of all funds available from Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Interest Rate Cap Proceeds and Interest Collections processed since the preceding Distribution Date and allocated to the holders
of the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Notes. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:5%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(a) <U>Class A Senior Note Interest and Commitment
Fees with respect to the Class</U><U></U><U>&nbsp;A Notes</U>. On each Determination Date, the Administrator shall instruct the Trustee and the Paying Agent in writing pursuant to the Administration Agreement as to the amount to be withdrawn and
paid pursuant to Section&nbsp;3.4 from the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Accrued Interest Account to the extent funds are anticipated to be available from Interest Collections allocable to the Series <FONT
STYLE="white-space:nowrap">2010-6</FONT> Notes and the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Interest Rate Cap Proceeds processed from, but not including, the preceding Distribution Date through the succeeding Distribution Date in
respect of (x)&nbsp;first, an amount equal to the Class&nbsp;A Senior Monthly Interest for the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Interest Period ending on the day preceding the related Distribution Date, (y)&nbsp;second, an
amount equal to the Commitment Fees for each Purchaser Group for the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Interest Period ending on the day preceding the related Distribution Date, and (z)&nbsp;third, an amount equal to the amount
of any unpaid Class&nbsp;A Senior Monthly Interest Shortfall as of the preceding Distribution Date (together with any accrued interest on such Class&nbsp;A Senior Monthly Interest Shortfall). On the following Distribution Date, the Trustee shall
withdraw the amounts described in the first sentence of this Section&nbsp;3.3(a)&nbsp;from the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Accrued Interest Account and deposit such amounts in the Series
<FONT STYLE="white-space:nowrap">2010-6</FONT> Distribution Account. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:5%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(b) <U>Withdrawals from Series <FONT
STYLE="white-space:nowrap">2010-6</FONT> Reserve Account</U>. If the Administrator determines on any Distribution Date that the amounts available from the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Accrued Interest Account are
insufficient to pay the sum of the amounts described in clauses (x), (y) and (z)&nbsp;of Section&nbsp;3.3(a) above on such Distribution Date, the Administrator shall instruct the Trustee in writing to withdraw from the Series <FONT
STYLE="white-space:nowrap">2010-6</FONT> Reserve Account and deposit in the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Distribution Account on such Distribution Date an amount equal to the lesser of the Series <FONT
STYLE="white-space:nowrap">2010-6</FONT> Available Reserve Account Amount and such insufficiency. The Trustee shall withdraw such amount from the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Reserve Account and deposit such amount in the
Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Distribution Account. </P>
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 <P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:5%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(c) <U>Lease Payment Deficit Notice</U>. On or before 10:00 a.m.
(New&nbsp;York City time) on each Distribution Date, the Administrator shall notify the Trustee of the amount of any Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Lease Payment Deficit, such notification to be in the form of <U>Exhibit F</U>
(each a &#147;<U>Lease Payment Deficit Notice</U>&#148;). </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:5%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(d) <U>Draws on Multi-Series Letters of Credit For Series <FONT
STYLE="white-space:nowrap">2010-6</FONT> Lease Interest Payment Deficits</U>. If the Administrator determines on the Business Day immediately preceding any Distribution Date that on such Distribution Date there will exist a Series <FONT
STYLE="white-space:nowrap">2010-6</FONT> Lease Interest Payment Deficit, the Administrator shall, on or prior to 3:00 p.m. (New York City time) on such Business Day, instruct the Trustee in writing to draw on the Multi-Series Letters of Credit, if
any, and, the Trustee shall, by 5:00 p.m. (New&nbsp;York City time) on such Business Day draw an amount (identified by the Administrator) equal to the least of (i)&nbsp;such Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Lease Interest
Payment Deficit, (ii)&nbsp;the excess, if any, of the sum of the amounts described in clauses (x), (y) and (z)&nbsp;of Section&nbsp;3.3(a) above for such Distribution Date over the amounts available from the Series
<FONT STYLE="white-space:nowrap">2010-6</FONT> Accrued Interest Account on such Distribution Date plus the amount withdrawn from the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Reserve Account pursuant to Section&nbsp;3.3(b) and
(iii)&nbsp;the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Allocated Multi-Series Letter of Credit Liquidity Amount on the Multi-Series Letters of Credit by presenting to each Multi-Series Letter of Credit Provider a Certificate of Lease
Deficit Demand and shall cause the Lease Deficit Disbursements to be deposited in the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Distribution Account on such Distribution Date for distribution in accordance with Section&nbsp;3.4;
<U>provided</U>, <U>however</U>, that if the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Cash Collateral Account has been established and funded, the Trustee shall withdraw from the Series <FONT STYLE="white-space:nowrap">2010-6</FONT>
Cash Collateral Account and deposit in the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Distribution Account an amount equal to the lesser of (x)&nbsp;the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Cash Collateral Percentage on
such date of the least of the amounts described in clauses (i), (ii) and (iii)&nbsp;above and (y)&nbsp;the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Available Cash Collateral Account Amount on such date and draw an amount equal to the
remainder of such amount on the Multi-Series Letters of Credit. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:5%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(e) <U>Balance</U>. On or prior to the second Business Day
preceding each Distribution Date, the Administrator shall instruct the Trustee and the Paying Agent in writing pursuant to the Administration Agreement to pay the balance (after making the payments required in Section&nbsp;3.3(a)), if any, of the
amounts available from the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Accrued Interest Account as follows: </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:9%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(i)
on each Distribution Date during the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Revolving Period or the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Controlled Amortization Period, (1)&nbsp;first, to the Series <FONT
STYLE="white-space:nowrap">2010-6</FONT> Reserve Account, an amount equal to the sum of (x)&nbsp;the aggregate Contingent Monthly Funding Costs with respect to all Purchaser Groups for the Series <FONT STYLE="white-space:nowrap">2010-6</FONT>
Interest Period ended on the day preceding such Distribution Date and (y)&nbsp;any Contingent Monthly Funding Costs Shortfall as of the immediately preceding Distribution Date (together with accrued interest thereon), (2) second,
</P>
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to the Administrator, an amount equal to the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Percentage as of the beginning of such Series <FONT STYLE="white-space:nowrap">2010-6</FONT>
Interest Period of the portion of the Monthly Administration Fee payable by ABRCF (as specified in clause (iii)&nbsp;of the definition thereof) for such Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Interest Period, (3)&nbsp;third, to the
Trustee, an amount equal to the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Percentage as of the beginning of such Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Interest Period of the Trustee&#146;s fees for such Series <FONT
STYLE="white-space:nowrap">2010-6</FONT> Interest Period, (4)&nbsp;fourth, to the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Distribution Account to pay any Article VII Costs, (5)&nbsp;fifth, to pay any Carrying Charges (other than
Carrying Charges provided for above) to the Persons to whom such amounts are owed, an amount equal to the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Percentage as of the beginning of such Series
<FONT STYLE="white-space:nowrap">2010-6</FONT> Interest Period of such Carrying Charges (other than Carrying Charges provided for above) for such Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Interest Period, (6)&nbsp;sixth, to the Series <FONT
STYLE="white-space:nowrap">2010-6</FONT> Reserve Account, an amount equal to the sum of (x)&nbsp;the Class&nbsp;R Monthly Interest with respect to the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Interest Period ended on the day preceding
such Distribution Date and (y)&nbsp;the Class&nbsp;R Monthly Interest Shortfall as of the immediately preceding Distribution Date, and (7)&nbsp;seventh, the balance, if any (&#147;<U>Excess Collections</U>&#148;), shall be withdrawn by the Paying
Agent from the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Collection Account and deposited in the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Excess Collection Account; and </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:9%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(ii) on each Distribution Date during the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Rapid Amortization Period,
(1)&nbsp;first, to the Trustee, an amount equal to the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Percentage as of the beginning of such Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Interest Period of the Trustee&#146;s fees for
such Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Interest Period, (2)&nbsp;second, to the Administrator, an amount equal to the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Percentage as of the beginning of such Series <FONT
STYLE="white-space:nowrap">2010-6</FONT> Interest Period of the portion of the Monthly Administration Fee (as specified in clause (iii)&nbsp;of the definition thereof) payable by ABRCF for such Series <FONT STYLE="white-space:nowrap">2010-6</FONT>
Interest Period, (3)&nbsp;third, to the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Distribution Account to pay any Article VII Costs, (4)&nbsp;fourth, to pay any Carrying Charges (other than Carrying Charges provided for above) to the
Persons to whom such amounts are owed, an amount equal to the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Percentage as of the beginning of such Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Interest Period of such Carrying Charges
(other than Carrying Charges provided for above) for such Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Interest Period, (5)&nbsp;fifth, to the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Reserve Account, an amount equal to the sum
of (x)&nbsp;the Class&nbsp;R Monthly Interest with respect to the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Interest Period ended on the day preceding such Distribution Date and (y)&nbsp;the Class&nbsp;R Monthly Interest Shortfall as of
the immediately preceding Distribution Date, and (6)&nbsp;sixth, the balance, if any, shall be treated as Principal Collections. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:5%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(f) <U>Class A Senior Note Interest and Commitment Fee Shortfalls</U>. If the amounts described in Section&nbsp;3.3(a), (b) and
(d)&nbsp;are insufficient to pay the Class&nbsp;A Senior Monthly Interest and the Commitment Fees of the Purchaser Groups on any Distribution Date, payments of Class&nbsp;A Senior Monthly Interest to the Class&nbsp;A Noteholders and payments of
Commitment Fees to the Purchaser Groups will be reduced on a <U>pro</U> <U>rata</U> basis by the amount of such deficiency. The aggregate amount, if any, of such deficiency on any Distribution Date, together with the aggregate unpaid amount of any
such deficiencies with respect to all prior Distribution Dates, shall be referred to as the &#147;<U>Class</U><U></U><U>&nbsp;A Senior Monthly Interest Shortfall</U>.&#148; Interest shall accrue on the Class&nbsp;A Senior Monthly Interest Shortfall
at the Alternate Base Rate plus 2% per annum. </P>
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 <P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:5%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(g) <U>Contingent Monthly Funding Costs</U>. On each Determination Date, the
Administrator shall instruct the Trustee and the Paying Agent in writing pursuant to the Administration Agreement as to the amount to be withdrawn and paid pursuant to Section&nbsp;3.4 from the Series <FONT STYLE="white-space:nowrap">2010-6</FONT>
Reserve Account in respect of (x)&nbsp;first, an amount equal to the aggregate Contingent Monthly Funding Costs with respect to all Purchaser Groups for the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Interest Period ending on the day
preceding the related Distribution Date and (y)&nbsp;second, the amount of any unpaid Contingent Monthly Funding Costs Shortfall as of the preceding Distribution Date (together with any accrued interest on such Contingent Monthly Funding Costs
Shortfall). On the following Distribution Date, the Trustee shall withdraw the lesser of (x)&nbsp;the amounts described in the first sentence of this Section&nbsp;3.3(g) and (y)&nbsp;the excess of the Series
<FONT STYLE="white-space:nowrap">2010-6</FONT> Available Reserve Account Amount (after giving effect to any withdrawals from the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Reserve Account pursuant to Section&nbsp;3.3(b), 3.5(c)(i) and/or
3.5(d)(i) with respect to such Distribution Date) over the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Required Reserve Account Amount on such Distribution Date, from the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Reserve
Account and deposit such amount in the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Distribution Account. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:5%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(h)
<U>Contingent Monthly Funding Costs Shortfalls</U>. If the amounts withdrawn from the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Reserve Account pursuant to Section&nbsp;3.3 (g) are insufficient to pay the aggregate Contingent Monthly
Funding Costs with respect to the Purchaser Groups on any Distribution Date, payments of Contingent Monthly Funding Costs to the Purchaser Groups will be reduced on a <U>pro</U> <U>rata</U> basis by the amount of such deficiency. The aggregate
amount, if any, of such deficiency as of any Distribution Date, together with the aggregate unpaid amount of any such deficiencies with respect to all prior Distribution Dates, shall be referred to as the &#147;<U>Contingent Monthly Funding Costs
Shortfall</U>.&#148; Interest shall accrue on the Contingent Monthly Funding Costs Shortfall at the Alternate Base Rate plus 2% per annum. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:5%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(i) <U>Class R Monthly Interest</U>. On each Determination Date, the Administrator shall instruct the Trustee and the Paying
Agent in writing pursuant to the Administration Agreement as to the amount to be withdrawn and paid pursuant to Section&nbsp;3.4 from the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Reserve Account in respect of (x)&nbsp;first, an amount
equal to the aggregate Class&nbsp;R Monthly Interest for the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Interest Period ending on the day preceding the related Distribution Date and (y)&nbsp;second, the amount of any unpaid Class&nbsp;R
Monthly Interest Shortfall as of the preceding Distribution Date. On the following Distribution Date, the Trustee shall withdraw the lesser of (x)&nbsp;the amounts described in the first sentence of this Section&nbsp;3.3(i)&nbsp;and (y)&nbsp;the
excess of the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Available Reserve Account Amount (after giving effect to any withdrawals from the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Reserve Account pursuant to
Section&nbsp;3.3(b), 3.3(h), 3.5(c)(i) and/or 3.5(d)(i) with respect to such Distribution Date) over the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Required Reserve Account Amount on such Distribution Date, from the Series <FONT
STYLE="white-space:nowrap">2010-6</FONT> Reserve Account and deposit such amount in the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Distribution Account. </P>
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 <P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:5%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(j) <U>Class R Monthly Interest Shortfalls</U>. If the amounts withdrawn
from the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Reserve Account pursuant to Section&nbsp;3.3(i) are insufficient to pay the Class&nbsp;R Monthly Interest on any Distribution Date, payments of Class&nbsp;R Monthly Interest will be
reduced on a <U>pro</U> <U>rata</U> basis by the amount of such deficiency. The aggregate amount, if any, of such deficiency as of any Distribution Date, together with the aggregate unpaid amount of any such deficiencies with respect to all prior
Distribution Dates, shall be referred to as the &#147;<U>Class</U><U></U><U>&nbsp;R Monthly Interest Shortfall</U>.&#148; No interest shall accrue on the Class&nbsp;R Monthly Interest Shortfall. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;3.4. Payment of Class&nbsp;A Senior Note Interest, Commitment Fees, Contingent Monthly Funding Costs and Class&nbsp;R Monthly
Note Interest. On each Distribution Date, subject to Section&nbsp;9.8 of the Base Indenture, the Paying Agent shall, in accordance with Section&nbsp;6.1 of the Base Indenture, pay from the Series <FONT STYLE="white-space:nowrap">2010-6</FONT>
Distribution Account the following amounts in the following order of priority from amounts deposited in the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Distribution Account pursuant to Section&nbsp;3.3: </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:5%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(i) first, to the Administrative Agent for the accounts of the Purchaser Groups the Class&nbsp;A Senior Monthly Interest with
respect to the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Interest Period ended on the day preceding such Distribution Date, along with any Class&nbsp;A Senior Monthly Interest Shortfall as of the preceding Distribution Date (together
with any accrued interest on such Class&nbsp;A Senior Monthly Interest Shortfall); </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:5%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(ii) second, to the Administrative
Agent for the accounts of the Purchaser Groups any accrued and unpaid Commitment Fees; </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:5%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(iii) third, to the Administrative
Agent for the accounts of the Purchaser Groups the Contingent Monthly Funding Costs with respect to the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Interest Period ended on the day preceding such Distribution Date, along with any
Contingent Monthly Funding Cost Shortfall as of the preceding Distribution Date (together with any accrued interest on such Contingent Monthly Funding Costs Shortfall); and </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:5%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(iv) fourth, to the Class&nbsp;R Noteholders, the Class&nbsp;R Monthly Interest with respect to the Series <FONT
STYLE="white-space:nowrap">2010-6</FONT> Interest Period ended on the day preceding such Distribution Date, along with any Class&nbsp;R Monthly Interest Shortfall as of the preceding Distribution Date. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Upon the receipt of funds from the Paying Agent on each Distribution Date on account of Class&nbsp;A Senior Monthly Interest, the Administrative Agent shall
pay to each <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser and each Funding Agent with respect to a CP Conduit Purchaser Group an amount equal to the Senior Monthly Funding Costs with respect to its Related Purchaser Group with
respect to the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Interest Period ending on the day preceding such Distribution Date <U>plus</U> the amount of any unpaid Class&nbsp;A Senior Monthly Interest Shortfalls relating to unpaid
Class&nbsp;A Senior Monthly Interest payable to such Purchaser Group as of the preceding Distribution Date, together with any interest thereon at the Alternate Base Rate plus 2% per annum. If the amount paid to the Administrative Agent on any
Distribution Date pursuant to this Section&nbsp;3.4 on account of Class&nbsp;A Senior Monthly Interest for the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Interest Period ending on the day preceding such Distribution Date is less than such
Class&nbsp;A Senior Monthly Interest, the </P>
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Administrative Agent shall pay the amount available to the <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchasers and the Funding Agents, on behalf of the CP Conduit Purchaser Groups, on
a <U>pro</U> <U>rata</U> basis, based on the Senior Monthly Funding Costs with respect to each Related Purchaser Group with respect to such Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Interest Period. Upon the receipt of funds from the
Paying Agent on each Distribution Date on account of Commitment Fees, the Administrative Agent shall pay to each <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser and each Funding Agent with respect to a CP Conduit Purchaser Group an
amount equal to the Commitment Fee payable to its Related Purchaser Group with respect to the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Interest Period ending on the day preceding such Distribution Date <U>plus</U> the amount of any
unpaid Class&nbsp;A Senior Monthly Interest Shortfalls relating to unpaid Commitment Fees payable to such Purchaser Group as of the preceding Distribution Date, together with any interest thereon at the Alternate Base Rate plus 2% per annum. If the
amount paid to the Administrative Agent on any Distribution Date pursuant to this Section&nbsp;3.4 on account of Commitment Fees is less than the Commitment Fees payable on such Distribution Date, the Administrative Agent shall pay the amount
available to the <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchasers and the Funding Agents, on behalf of the CP Conduit Purchaser Groups, on a <U>pro</U> <U>rata</U> basis, based on the Commitment Fee payable to each Purchaser Group on
such Distribution Date. Upon the receipt of funds from the Paying Agent on each Distribution Date on account of Contingent Monthly Funding Costs, the Administrative Agent shall pay to each <FONT STYLE="white-space:nowrap">Non-Conduit</FONT>
Purchaser and each Funding Agent with respect to a CP Conduit Purchaser Group an amount equal to the Contingent Monthly Funding Costs with respect to its Related Purchaser Group with respect to the Series
<FONT STYLE="white-space:nowrap">2010-6</FONT> Interest Period ending on the day preceding such Distribution Date <U>plus</U> the amount of any unpaid Contingent Monthly Funding Costs Shortfalls payable to such Purchaser Group as of the preceding
Distribution Date, together with any interest thereon at the Alternate Base Rate plus 2% per annum. If the amount paid to the Administrative Agent on any Distribution Date pursuant to this Section&nbsp;3.4 on account of Contingent Monthly Funding
Costs for the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Interest Period ending on the day preceding such Distribution Date is less than the aggregate Contingent Monthly Funding Costs with respect to the Purchaser Groups for such Series <FONT
STYLE="white-space:nowrap">2010-6</FONT> Interest Period, the Administrative Agent shall pay the amount available to the <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchasers and the Funding Agents, on behalf of the CP Conduit Purchaser
Groups, on a <U>pro</U> <U>rata</U> basis, based on the Contingent Monthly Funding Costs with respect to each Related Purchaser Group with respect to such Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Interest Period. Upon the receipt of
funds from the Trustee or the Paying Agent on any Distribution Date on account of Article VII Costs, the Administrative Agent shall pay such amounts to the <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser owed such amounts and/or the
Funding Agent with respect to the CP Conduit Purchaser or the APA Bank owed such amounts. If the amounts paid to the Administrative Agent on any Distribution Date pursuant to Section&nbsp;3.3(e) on account of Article VII Costs are less than the
Article VII Costs due and payable on such Distribution Date, the Administrative Agent shall pay the amounts available to the <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchasers owed such amounts and/or the Funding Agents with respect to
the CP Conduit Purchasers and APA Banks owed such amounts, on a <U>pro</U> <U>rata</U> basis, based on the Article VII Costs owing to such <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchasers, CP Conduit Purchasers and APA Banks. Due and
unpaid Article VII Costs owing to a Purchaser Group shall accrue interest at the Alternate Base Rate <U>plus</U> 2%; <U>provided</U> that Article VII Costs shall not be considered due until the first Distribution Date following five days&#146;
notice to ABRCF and the Administrator of such Article VII Costs. </P>
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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;3.5. Payment of Note Principal. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(a) <U>Monthly Payments During Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Controlled Amortization Period or Series <FONT
STYLE="white-space:nowrap">2010-6</FONT> Rapid Amortization Period</U>. Commencing on the second Determination Date during the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Controlled Amortization Period or the first Determination Date after
the commencement of the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Rapid Amortization Period, the Administrator shall instruct the Trustee and the Paying Agent in writing pursuant to the Administration Agreement and in accordance with
this Section&nbsp;3.5 as to (i)&nbsp;the amount allocated to the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Notes during the Related Month pursuant to Section&nbsp;3.2(b)(ii), (c)(ii) or (d)(ii), as the case may be, and the portion of
such amount, if any, that has been previously applied to make a Decrease pursuant to Section&nbsp;2.5 during the Related Month, (ii)&nbsp;any amounts to be withdrawn from the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Reserve Account and
deposited into the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Distribution Account or (iii)&nbsp;any amounts to be drawn on the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Demand Notes and/or on the Multi-Series Letters of
Credit (or withdrawn from the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Cash Collateral Account). On the Distribution Date following each such Determination Date, the Trustee shall withdraw the amount allocated to the Series <FONT
STYLE="white-space:nowrap">2010-6</FONT> Notes during the Related Month pursuant to Section&nbsp;3.2(b)(ii), (c)(ii) or (d)(ii), as the case may be, less the portion of such amount, if any, that has been previously applied to make a Decrease
pursuant to Section&nbsp;2.5 during the Related Month, from the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Collection Account and deposit such amount in the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Distribution Account, to be
paid to the holders of the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Notes in accordance with Section&nbsp;3.5(e). </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(b)
<U>Decreases</U>. On any Business Day (x)&nbsp;during the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Revolving Period on which a Decrease is to be made pursuant to Section&nbsp;2.5, the Trustee shall withdraw from the Series <FONT
STYLE="white-space:nowrap">2010-6</FONT> Excess Collection Account, or (y)&nbsp;during the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Controlled Amortization Period on which a Decrease is to be made pursuant to Section&nbsp;2.5, the
Trustee shall withdraw from the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Excess Collection Account and/or the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Collection Account, in each case, in accordance with the written
instructions of the Administrator, an amount equal to the lesser of (i)&nbsp;the amounts specified in clauses (x)&nbsp;and (y) of the first sentence of Section&nbsp;2.5(a) and (ii)&nbsp;the amount of such Decrease, and deposit such amount in the
Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Distribution Account, to be paid to the Administrative Agent for distribution in accordance with Section&nbsp;3.5(f). </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(c) <U>Principal Deficit Amount</U>. On each Distribution Date on which the Principal Deficit Amount is greater than zero, amounts shall be
transferred to the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Distribution Account as follows: </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:5%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(i) <U>Reserve
Account Withdrawal</U>. The Administrator shall instruct the Trustee in writing, prior to 12:00 noon (New&nbsp;York City time) on such Distribution Date, in the case of a Principal Deficit Amount resulting from a Series <FONT
STYLE="white-space:nowrap">2010-6</FONT> Lease Payment Deficit, or prior to 12:00 noon (New York City time) on the second Business Day prior to such Distribution Date, in the case of any other Principal Deficit Amount, to withdraw from the Series <FONT
STYLE="white-space:nowrap">2010-6</FONT> Reserve Account, an amount equal to the lesser of (x)&nbsp;the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Available Reserve Account Amount and (y)&nbsp;such Principal Deficit Amount and deposit it
in the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Distribution Account on such Distribution Date. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:5%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(ii)
<U>Principal Draws on Multi-Series Letters of Credit</U>. If the Administrator determines on the Business Day immediately preceding any Distribution Date during the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Rapid Amortization Period that
on such Distribution Date there will exist a Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Lease Principal Payment Deficit, the Administrator shall instruct the </P>
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Trustee in writing to draw on the Multi-Series Letters of Credit, if any, as provided below. Upon receipt of a notice by the Trustee from the Administrator in respect of a Series <FONT
STYLE="white-space:nowrap">2010-6</FONT> Lease Principal Payment Deficit on or prior to 3:00 p.m. (New&nbsp;York City time) on the Business Day immediately preceding a Distribution Date, the Trustee shall, by 5:00 p.m. (New&nbsp;York City time) on
such Business Day draw an amount equal to the least of (i)&nbsp;such Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Lease Principal Payment Deficit, (ii)&nbsp;the amount by which the Principal Deficit Amount for such Distribution Date exceeds
the amount to be deposited in the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Distribution Account in accordance with clause (i)&nbsp;of this Section&nbsp;3.5(c) and (iii)&nbsp;the Series <FONT STYLE="white-space:nowrap">2010-6</FONT>
Allocated Multi-Series Letter of Credit Liquidity Amount on the Multi-Series Letters of Credit, by presenting to each Multi-Series Letter of Credit Provider a Certificate of Lease Deficit Demand and shall cause the Lease Deficit Disbursements to be
deposited in the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Distribution Account on such Distribution Date; <U>provided</U>, <U>however</U>, that if the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Cash Collateral Account has
been established and funded, the Trustee shall withdraw from the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Cash Collateral Account and deposit in the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Distribution Account an amount
equal to the lesser of (x)&nbsp;the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Cash Collateral Percentage for such date of the least of the amounts described in clauses (i), (ii) and (iii)&nbsp;above and (y)&nbsp;the Series <FONT
STYLE="white-space:nowrap">2010-6</FONT> Available Cash Collateral Account Amount on such date and draw an amount equal to the remainder of such amount on the Multi-Series Letters of Credit. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:5%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(iii) <U>Demand Note Draw</U>. If on any Determination Date, the Administrator determines that the Principal Deficit Amount on
the next succeeding Distribution Date (after giving effect to any withdrawal from the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Reserve Account pursuant to Section&nbsp;3.5(c)(i) on such Distribution Date) will be greater than zero and
there are any Multi-Series Letters of Credit on such date, prior to 10:00 a.m. (New&nbsp;York City time) on the second Business Day prior to such Distribution Date, the Administrator shall instruct the Trustee in writing to deliver a Demand Notice
to the Demand Note Issuers demanding payment of an amount equal to the lesser of (A)&nbsp;the Principal Deficit Amount and (B)&nbsp;the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Allocated Multi-Series Letter of Credit Amount. The Trustee
shall, prior to 12:00 noon (New&nbsp;York City time) on the second Business Day preceding such Distribution Date, deliver such Demand Notice to the Demand Note Issuers; <U>provided</U>, <U>however</U>, that if an Event of Bankruptcy (or the
occurrence of an event described in clause (a)&nbsp;of the definition thereof, without the lapse of a period of 60 consecutive days) with respect to a Demand Note Issuer shall have occurred and be continuing, the Trustee shall not be required to
deliver such Demand Notice to such Demand Note Issuer. The Trustee shall cause the proceeds of any demand on the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Demand Notes to be deposited into the Series
<FONT STYLE="white-space:nowrap">2010-6</FONT> Distribution Account. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:5%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(iv) <U>Letter of Credit Draw</U>. In the event that
either (x)&nbsp;on or prior to 10:00 a.m. (New&nbsp;York City time) on the Business Day prior to such Distribution Date, any Demand Note Issuer shall have failed to pay to the Trustee or deposit in the Series
<FONT STYLE="white-space:nowrap">2010-6</FONT> Distribution Account the amount specified in such Demand Notice in whole or in part or (y)&nbsp;due to the occurrence of an Event of Bankruptcy (or the occurrence of an event described in clause
(a)&nbsp;of the definition thereof, without the lapse of a period of 60 consecutive days) with respect to any Demand Note Issuer, the Trustee shall not have delivered such Demand Notice to any Demand Note Issuer on the second Business Day preceding
such Distribution Date, then, in the case of (x)&nbsp;or (y) the Trustee shall on such </P>
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Business Day draw on the Multi-Series Letters of Credit an amount equal to the lesser of (i)&nbsp;Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Allocated Multi-Series Letter of Credit
Amount and (ii)&nbsp;the aggregate amount that the Demand Note Issuers failed to pay under the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Demand Notes (or, the amount that the Trustee failed to demand for payment thereunder) by presenting
to each Multi-Series Letter of Credit Provider a Certificate of Unpaid Demand Note Demand; <U>provided</U>, <U>however</U>, that if the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Cash Collateral Account has been established and funded,
the Trustee shall withdraw from the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Cash Collateral Account and deposit in<B> </B>the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Distribution Account an amount equal to the lesser of
(x)&nbsp;the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Cash Collateral Percentage on such Business Day of the aggregate amount that the Demand Note Issuers failed to pay under the Series <FONT STYLE="white-space:nowrap">2010-6</FONT>
Demand Notes (or, the amount that the Trustee failed to demand for payment thereunder) and (y)&nbsp;the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Available Cash Collateral Account Amount on such Business Day and draw an amount equal to
the remainder of the aggregate amount that the Demand Note Issuers failed to pay under the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Demand Notes (or, the amount that the Trustee failed to demand for payment thereunder) on the
Multi-Series Letters of Credit. The Trustee shall deposit into, or cause the deposit of, the applicable portion of the proceeds of any draw on the Multi-Series Letters of Credit related to the Series <FONT STYLE="white-space:nowrap">2010-6</FONT>
Notes and the proceeds of any withdrawal from the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Cash Collateral Account to be deposited in the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Distribution Account on such Distribution
Date. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(d) <U>Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Termination Date</U>. The entire Class&nbsp;A Invested Amount and the
entire Class&nbsp;R Invested Amount shall be due and payable on the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Termination Date. In connection therewith: </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:5%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(i) <U>Reserve Account Withdrawal</U>. If, after giving effect to the deposit into the Series
<FONT STYLE="white-space:nowrap">2010-6</FONT> Distribution Account of the amount to be deposited in accordance with Section&nbsp;3.5(a), together with any amounts to be deposited therein in accordance with Section&nbsp;3.5(c) on the Series <FONT
STYLE="white-space:nowrap">2010-6</FONT> Termination Date, the amount to be deposited in the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Distribution Account with respect to the Series <FONT STYLE="white-space:nowrap">2010-6</FONT>
Termination Date is or will be less than the Class&nbsp;A Invested Amount, then, prior to 12:00 noon (New&nbsp;York City time) on the second Business Day prior to the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Termination Date, the
Administrator shall instruct the Trustee in writing to withdraw from the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Reserve Account, an amount equal to the lesser of the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Available
Reserve Account Amount and such insufficiency and deposit it in the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Distribution Account on the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Termination Date. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:5%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(ii) <U>Demand Note Draw</U>. If the amount to be deposited in the Series <FONT STYLE="white-space:nowrap">2010-6</FONT>
Distribution Account in accordance with Section&nbsp;3.5(a) together with any amounts to be deposited therein in accordance with Section&nbsp;3.5(c) and Section&nbsp;3.5(d)(i) on the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Termination
Date is less than the Class&nbsp;A Invested Amount, and there are any Multi-Series Letters of Credit on such date, then, prior to 10:00 a.m. (New&nbsp;York City time) on the second Business Day prior to the Series
<FONT STYLE="white-space:nowrap">2010-6</FONT> Termination Date, the Administrator shall instruct the Trustee in writing to make a demand (a &#147;<U>Demand Notice</U>&#148;) substantially in the form attached hereto as <U>Exhibit G</U> on the
Demand Note Issuers for payment under the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Demand Notes in an amount equal to the lesser of (i)&nbsp;such insufficiency and (ii)&nbsp;the Series <FONT STYLE="white-space:nowrap">2010-6</FONT>
Allocated Multi-Series Letter of </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">79 </P>

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Credit Amount. The Trustee shall, prior to 12:00 noon (New&nbsp;York City time) on the second Business Day preceding the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Termination Date,
deliver such Demand Notice to the Demand Note Issuers; <U>provided</U>, <U>however</U>, that if an Event of Bankruptcy (or the occurrence of an event described in clause (a)&nbsp;of the definition thereof, without the lapse of a period of 60
consecutive days) with respect to a Demand Note Issuer shall have occurred and be continuing, the Trustee shall not be required to deliver such Demand Notice to such Demand Note Issuer. The Trustee shall cause the proceeds of any demand on the
Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Demand Notes to be deposited into the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Distribution Account. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:5%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(iii) <U>Letter of Credit Draw</U>. In the event that either (x)&nbsp;on or prior to 10:00 a.m. (New&nbsp;York City time) on
the Business Day immediately preceding any Distribution Date next succeeding any date on which a Demand Notice has been transmitted by the Trustee to the Demand Note Issuers pursuant to clause (ii)&nbsp;of this Section&nbsp;3.5(d) any Demand Note
Issuer shall have failed to pay to the Trustee or deposit into the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Distribution Account the amount specified in such Demand Notice in whole or in part or (y)&nbsp;due to the occurrence of an
Event of Bankruptcy (or the occurrence of an event described in clause (a)&nbsp;of the definition thereof, without the lapse of a period of 60 consecutive days) with respect to one or more of the Demand Note Issuers, the Trustee shall not have
delivered such Demand Notice to any Demand Note Issuer on the second Business Day preceding the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Termination Date, then, in the case of (x)&nbsp;or (y) the Trustee shall draw on the Multi-Series
Letters of Credit by 12:00 noon (New&nbsp;York City time) on such Business Day an amount equal to the lesser of (a)&nbsp;the amount that the Demand Note Issuers failed to pay under the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Demand
Notes (or, the amount that the Trustee failed to demand for payment thereunder) and (b)&nbsp;the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Allocated Multi-Series Letter of Credit Amount on such Business Day by presenting to each
Multi-Series Letter of Credit Provider a Certificate of Unpaid Demand Note Demand; <U>provided</U>, <U>however</U>,<I> </I>that if the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Cash Collateral Account has been established and funded, the
Trustee shall withdraw from the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Cash Collateral Account and deposit in the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Distribution Account an amount equal to the lesser of (x)&nbsp;the
Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Cash Collateral Percentage on such Business Day of the amount that the Demand Note Issuers failed to pay under the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Demand Notes (or, the
amount that the Trustee failed to demand for payment thereunder) and (y)&nbsp;the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Available Cash Collateral Account Amount on such Business Day and draw an amount equal to the remainder of the
amount that the Demand Note Issuers failed to pay under the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Demand Notes (or, the amount that the Trustee failed to demand for payment thereunder) on the Multi-Series Letters of Credit. The
Trustee shall deposit, or cause the deposit of, the applicable portion of the proceeds of any draw on the Multi-Series Letters of Credit related to the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Notes and the proceeds of any withdrawal
from the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Cash Collateral Account to be deposited in the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Distribution Account on such Distribution Date. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(e) <U>Distribution</U>. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:5%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(i) <U>Class A Notes</U>. On each Distribution Date occurring on or after the date a withdrawal is made from the Series <FONT
STYLE="white-space:nowrap">2010-6</FONT> Collection Account pursuant to Section&nbsp;3.5(a) or amounts are deposited in the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Distribution Account pursuant to
</P>
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Section 3.5(c) and/or (d), the Paying Agent shall, in accordance with Section&nbsp;6.1 of the Base Indenture, pay to the Administrative Agent for the accounts of the Purchaser Groups from the
Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Distribution Account the amount deposited therein pursuant to Section&nbsp;3.5(a), (c) and/or (d)&nbsp;to the extent necessary to pay the Class&nbsp;A Controlled Distribution Amount with respect
to Related Month during the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Controlled Amortization Period or to the extent necessary to pay the Class&nbsp;A Invested Amount during the Series <FONT STYLE="white-space:nowrap">2010-6</FONT>
Rapid Amortization Period. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:5%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(ii) <U>Class R Notes</U>. On each Distribution Date occurring on or after the date a
withdrawal is made from the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Collection Account pursuant to Section&nbsp;3.5(a) and either (x)&nbsp;prior to the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Rapid Amortization Period or
(y)&nbsp;after the Class&nbsp;A Invested Amount has been paid in full, the Paying Agent shall, in accordance with Section&nbsp;6.1 of the Base Indenture, pay <U>pro</U> <U>rata</U> to Class&nbsp;R Noteholders from the Series <FONT
STYLE="white-space:nowrap">2010-6</FONT> Distribution Account the amount deposited therein pursuant to Section&nbsp;3.5(a) less the aggregate amount applied to make payments required pursuant to Section&nbsp;3.5(e)(i), to the extent necessary to pay
the Class&nbsp;R Controlled Distribution Amount with respect to Related Month during the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Controlled Amortization Period or to the extent necessary to pay the Class&nbsp;R Invested Amount during
the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Rapid Amortization Period. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(f) <U>Payment of Funds from Decreases</U>. Upon the
receipt of funds on account of a Decrease from the Trustee, the Administrative Agent shall pay as follows (1)<U>&nbsp;first</U>, such funds will be used to pay to each Funding Agent with respect to a
<FONT STYLE="white-space:nowrap">Non-Extending</FONT> Purchaser Group that is a CP Conduit Purchaser Group and to each <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser that constitutes a
<FONT STYLE="white-space:nowrap">Non-Extending</FONT> Purchaser Group that is a <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser Group a <U>pro</U> <U>rata</U> amount of the Decrease, based on the Purchaser Group Invested Amounts with
respect to such <FONT STYLE="white-space:nowrap">Non-Extending</FONT> Purchaser Group relative to the Purchaser Group Invested Amounts with respect to all <FONT STYLE="white-space:nowrap">Non-Extending</FONT> Purchaser Groups on the date of such
Decrease, (2)<U>&nbsp;second</U>, to each <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser and Funding Agent with respect to its Related Purchaser Group, such Purchaser Group&#146;s Pro Rata Share of the remaining amount of such
Decrease and (3)<U>&nbsp;third</U>, solely if such Decrease occurs prior to the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Controlled Amortization Period, any remaining funds will be used to pay to each Committed Note Purchaser a
<U>pro</U> <U>rata</U> amount of the Decrease, based on the Class&nbsp;R Invested Amount with respect to such Committed Note Purchaser. Each CP Conduit Purchaser Group&#146;s share of the amount of any Decrease on any Business Day shall be allocated
by such CP Conduit Purchaser Group first to reduce the Available CP Funding Amount with respect to such CP Conduit Purchaser Group and the Available APA Bank Funding Amount with respect to such CP Conduit Purchaser Group on such Business Day and
then to reduce the portion of the Purchaser Group Invested Amount with respect to such CP Conduit Purchaser Group allocated to CP Tranches and Eurodollar Tranches in such order as such CP Conduit Purchaser Group may select in order to minimize costs
payable pursuant to Section&nbsp;7.3. Upon the receipt of funds from the Trustee pursuant to Sections 3.5(a), (c) and/or (d)&nbsp;on any Distribution Date, the Administrative Agent shall pay to each
<FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser and each Funding Agent with respect to its Related Purchaser Group, such Purchaser Group&#146;s Pro Rata Share of such funds. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;3.6. Administrator&#146;s Failure to Instruct the Trustee to Make a Deposit or Payment. If the Administrator fails to give notice
or instructions to make (i)&nbsp;any payment </P>
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from or deposit into the Collection Account, (ii)&nbsp;any draw on the Multi-Series Letters of Credit or (iii)&nbsp;any withdrawals from any Account, in each case required to be given by the
Administrator, at the time specified in the Administration Agreement or any other Related Document (including applicable grace periods), the Trustee shall make such payment or deposit into or from the Collection Account, such draw on the
Multi-Series Letters of Credit, or such withdrawal from such Account, in each case without such notice or instruction from the Administrator, <U>provided</U> that the Administrator, upon request of the Trustee, promptly provides the Trustee with all
information necessary to allow the Trustee to make such a payment, deposit, draw or withdrawal. When any payment, deposit, draw or withdrawal hereunder or under any other Related Document is required to be made by the Trustee or the Paying Agent at
or prior to a specified time, the Administrator shall deliver any applicable written instructions with respect thereto reasonably in advance of such specified time. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;3.7. Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Reserve Account. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(a) <U>Establishment of Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Reserve Account</U>. ABRCF shall establish and maintain in the
name of the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Agent for the benefit of the Class&nbsp;A Noteholders, or cause to be established and maintained, an account (the &#147;<U>Series <FONT STYLE="white-space:nowrap">2010-6</FONT>
Reserve Account</U>&#148;), bearing a designation clearly indicating that the funds deposited therein are held for the benefit of the Class&nbsp;A Noteholders. The Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Reserve Account shall be
maintained (i)&nbsp;with a Qualified Institution, or (ii)&nbsp;as a segregated trust account with the corporate trust department of a depository institution or trust company having corporate trust powers and acting as trustee for funds deposited in
the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Reserve Account; <U>provided</U> that, if at any time such Qualified Institution is no longer a Qualified Institution or the credit rating of any securities issued by such depositary
institution or trust company shall be reduced to below <FONT STYLE="white-space:nowrap">&#147;BBB-&#148;</FONT> by Standard&nbsp;&amp; Poor&#146;s, &#147;Baa2&#148; by Moody&#146;s or &#147;BBB (low)&#148; by DBRS, then ABRCF shall, within 30 days
of such reduction, establish a new Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Reserve Account with a new Qualified Institution. If the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Reserve Account is not maintained in accordance
with the previous sentence, ABRCF shall establish a new Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Reserve Account, within ten (10)&nbsp;Business Days after obtaining knowledge of such fact, which complies with such sentence, and shall
instruct the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Agent in writing to transfer all cash and investments from the <FONT STYLE="white-space:nowrap">non-qualifying</FONT> Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Reserve
Account into the new Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Reserve Account. Initially, the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Reserve Account will be established with The Bank of New&nbsp;York Mellon. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(b) <U>Administration of the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Reserve Account</U>. The Administrator may instruct the
institution maintaining the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Reserve Account to invest funds on deposit in the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Reserve Account from time to time in Permitted Investments;
<U>provided</U>, <U>however</U>, that any such investment shall mature not later than the Business Day prior to the Distribution Date following the date on which such funds were received, unless any Permitted Investment held in the Series <FONT
STYLE="white-space:nowrap">2010-6</FONT> Reserve Account is held with the Paying Agent, then such investment may mature on such Distribution Date and such funds shall be available for withdrawal on or prior to such Distribution Date. All such
Permitted Investments will be credited to the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Reserve Account and any such Permitted Investments that constitute (i)&nbsp;physical property (and that is not either a United States security
entitlement or a security entitlement) shall be physically delivered to the Trustee; (ii)&nbsp;United States security entitlements or security entitlements shall be controlled (as defined in <FONT STYLE="white-space:nowrap">Section&nbsp;8-106</FONT>
of the </P>
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New&nbsp;York UCC) by the Trustee pending maturity or disposition, and (iii)&nbsp;uncertificated securities (and not United States security entitlements) shall be delivered to the Trustee by
causing the Trustee to become the registered holder of such securities. The Trustee shall, at the expense of ABRCF, take such action as is required to maintain the Trustee&#146;s security interest in the Permitted Investments credited to the Series <FONT
STYLE="white-space:nowrap">2010-6</FONT> Reserve Account. ABRCF shall not direct the Trustee to dispose of (or permit the disposal of) any Permitted Investments prior to the maturity thereof to the extent such disposal would result in a loss of
purchase price of such Permitted Investments. In the absence of written investment instructions hereunder, funds on deposit in the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Reserve Account shall remain uninvested. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(c) <U>Earnings from Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Reserve Account</U>. All interest and earnings (net of losses and
investment expenses) paid on funds on deposit in the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Reserve Account shall be deemed to be on deposit therein and available for distribution. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(d) <U>Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Reserve Account Constitutes Additional Collateral for Class</U><U></U><U>&nbsp;A
Notes</U>. In order to secure and provide for the repayment and payment of the ABRCF Obligations with respect to the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Notes, ABRCF hereby grants a security interest in and assigns, pledges,
grants, transfers and sets over to the Trustee, for the benefit of the Class&nbsp;A Noteholders, all of ABRCF&#146;s right, title and interest in and to the following (whether now or hereafter existing or acquired): (i) the Series <FONT
STYLE="white-space:nowrap">2010-6</FONT> Reserve Account, including any security entitlement thereto; (ii)&nbsp;all funds on deposit therein from time to time; (iii)&nbsp;all certificates and instruments, if any, representing or evidencing any or
all of the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Reserve Account or the funds on deposit therein from time to time; (iv)&nbsp;all investments made at any time and from time to time with monies in the Series <FONT
STYLE="white-space:nowrap">2010-6</FONT> Reserve Account, whether constituting securities, instruments, general intangibles, investment property, financial assets or other property; (v)&nbsp;all interest, dividends, cash, instruments and other
property from time to time received, receivable or otherwise distributed in respect of or in exchange for the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Reserve Account, the funds on deposit therein from time to time or the investments
made with such funds; and (vi)&nbsp;all proceeds of any and all of the foregoing, including, without limitation, cash (the items in the foregoing clauses (i)&nbsp;through (vi) are referred to, collectively, as the &#147;<U>Series <FONT
STYLE="white-space:nowrap">2010-6</FONT> Reserve Account Collateral</U>&#148;). The Trustee shall possess all right, title and interest in and to all funds on deposit from time to time in the Series <FONT STYLE="white-space:nowrap">2010-6</FONT>
Reserve Account and in all proceeds thereof, and shall be the only person authorized to originate entitlement orders in respect of the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Reserve Account. The Series
<FONT STYLE="white-space:nowrap">2010-6</FONT> Reserve Account Collateral shall be under the sole dominion and control of the Trustee for the benefit of the Class&nbsp;A Noteholders. The Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Agent
hereby agrees (i)&nbsp;to act as the securities intermediary (as defined in <FONT STYLE="white-space:nowrap">Section&nbsp;8-102(a)(14)</FONT> of the New&nbsp;York UCC) with respect to the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Reserve
Account; (ii)&nbsp;that its jurisdiction as securities intermediary is New York; (iii)&nbsp;that each item of property (whether investment property, financial asset, security, instrument or cash) credited to the Series
<FONT STYLE="white-space:nowrap">2010-6</FONT> Reserve Account shall be treated as a financial asset (as defined in <FONT STYLE="white-space:nowrap">Section&nbsp;8-102(a)(9)</FONT> of the New&nbsp;York UCC) and (iv)&nbsp;to comply with any
entitlement order (as defined in <FONT STYLE="white-space:nowrap">Section&nbsp;8-102(a)(8)</FONT> of the New&nbsp;York UCC) issued by the Trustee. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(e) <U>Preference Amount Withdrawals from the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Reserve Account or the Series <FONT
STYLE="white-space:nowrap">2010-6</FONT> Cash Collateral Account</U>. If a member of a Purchaser Group notifies the Trustee in writing of the existence of a Preference Amount, then, subject to the satisfaction of the conditions set forth in the next
succeeding sentence, on the Business Day on which those </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">83 </P>

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conditions are first satisfied, the Trustee shall withdraw from either (x)&nbsp;prior to the Multi-Series Letter of Credit Termination Date, the Series
<FONT STYLE="white-space:nowrap">2010-6</FONT> Reserve Account or (y)&nbsp;on or after the Multi-Series Letter of Credit Termination Date, the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Cash Collateral Account and pay to the Funding Agent
for such member an amount equal to such Preference Amount. Prior to any withdrawal from the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Reserve Account or the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Cash Collateral Account
pursuant to this Section&nbsp;3.7(e), the Trustee shall have received (i)&nbsp;a certified copy of the order requiring the return of such Preference Amount; (ii)&nbsp;an opinion of counsel satisfactory to the Trustee that such order is final and not
subject to appeal; and (iii)&nbsp;a release as to any claim against ABRCF by the Purchaser Group for any amount paid in respect of such Preference Amount. On the Business Day after the Multi-Series Letter of Credit Termination Date, the Trustee
shall transfer an amount equal to the greater of (A)&nbsp;the excess, if any, of (x)&nbsp;the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Available Reserve Account Amount as of such date over (y)&nbsp;the sum of (i)&nbsp;the aggregate
Contingent Monthly Funding Costs with respect to all Purchaser Groups for the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Interest Period ending on the Multi-Series Letter of Credit Termination Date and (ii)&nbsp;without duplication, any
Contingent Monthly Funding Costs Shortfall as of such date (together with accrued interest thereon) from the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Reserve Account to the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Cash
Collateral Account and (B)&nbsp;the lesser of (x)&nbsp;the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Available Reserve Account Amount and (y)&nbsp;the excess, if any, of the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Demand
Note Payment Amount over the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Available Cash Collateral Account Amount as of such date (the greater of the amounts in clauses (A)&nbsp;and (B), the &#147;<U>Reserve Account Transfer
Amount</U>&#148;). </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(f) <U>Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Reserve Account Surplus</U>. In the event that the <FONT
STYLE="white-space:nowrap">Series&nbsp;2010-6</FONT> Reserve Account Surplus on any Distribution Date, after giving effect to all withdrawals from the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Reserve Account and application thereof, is
greater than zero, the Trustee, acting in accordance with the written instructions of the Administrator pursuant to the Administration Agreement, shall withdraw from the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Reserve Account an amount
equal to the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Reserve Account Surplus and shall pay such amount to ABRCF. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(g)
<U>Termination of Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Reserve Account</U>. Upon the termination of the Indenture pursuant to Section&nbsp;11.1 of the Base Indenture, the Trustee, acting in accordance with the written instructions
of the Administrator, after the prior payment of all amounts owing to the Class&nbsp;A Noteholders and payable from the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Reserve Account as provided herein, shall withdraw from the Series <FONT
STYLE="white-space:nowrap">2010-6</FONT> Reserve Account all amounts on deposit therein for payment to ABRCF. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;3.8.
Multi-Series Letters of Credit and Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Cash Collateral Account. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(a) <U>Multi-Series
Letters of Credit and Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Cash Collateral Account Constitute Additional Collateral for Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Notes</U>. In order to secure and provide for the
repayment and payment of ABRCF&#146;s obligations with respect to the Class&nbsp;A Notes, ABRCF hereby grants a security interest in and assigns, pledges, grants, transfers and sets over to the Trustee, for the benefit of the Class&nbsp;A
Noteholders, all of ABRCF&#146;s right, title and interest in and to the following (whether now or hereafter existing or acquired): (i)&nbsp;each applicable Multi-Series Letter of Credit (except for any right, title and interest in such Multi-Series
Letter of Credit related to supporting another Series of Notes); (ii)&nbsp;the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Cash Collateral Account, including any security entitlement thereto; (iii)&nbsp;all funds on deposit in the Series <FONT
STYLE="white-space:nowrap">2010-6</FONT> Cash </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">84 </P>

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Collateral Account from time to time; (iv)&nbsp;all certificates and instruments, if any, representing or evidencing any or all of the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Cash
Collateral Account or the funds on deposit therein from time to time; (v)&nbsp;all investments made at any time and from time to time with monies in the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Cash Collateral Account, whether
constituting securities, instruments, general intangibles, investment property, financial assets or other property; (vi)&nbsp;all interest, dividends, cash, instruments and other property from time to time received, receivable or otherwise
distributed in respect of or in exchange for the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Cash Collateral Account, the funds on deposit therein from time to time or the investments made with such funds; and (vii)&nbsp;all proceeds of
any and all of the foregoing, including, without limitation, cash (the items in the foregoing clauses (ii)&nbsp;through (vii)&nbsp;are referred to, collectively, as the &#147;<U>Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Cash Collateral
Account Collateral</U>&#148;). The Trustee shall, for the benefit of the Class&nbsp;A Noteholders, possess all right, title and interest in all funds on deposit from time to time in the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Cash
Collateral Account and in<B> </B>all proceeds thereof, and shall be the only person authorized to originate entitlement orders in<B> </B>respect of the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Cash Collateral Account. The Series <FONT
STYLE="white-space:nowrap">2010-6</FONT> Cash Collateral Account shall be under the sole dominion and control of the Trustee for the benefit of the Class&nbsp;A Noteholders. The Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Agent hereby
agrees (i)&nbsp;to act as the securities intermediary (as defined in <FONT STYLE="white-space:nowrap">Section&nbsp;8-102(a)(14)</FONT> of the New&nbsp;York UCC) with respect to the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Cash
Collateral Account; (ii)&nbsp;that its jurisdiction as securities intermediary is New York; (iii)&nbsp;that each item of property (whether investment property, financial asset, security, instrument or cash) credited to the Series <FONT
STYLE="white-space:nowrap">2010-6</FONT> Cash Collateral Account shall be treated as a financial asset (as defined in <FONT STYLE="white-space:nowrap">Section&nbsp;8-102(a)(9)</FONT> of the New&nbsp;York UCC) and (iv)&nbsp;to comply with any
entitlement order (as defined in <FONT STYLE="white-space:nowrap">Section&nbsp;8-102(a)(8)</FONT> of the New&nbsp;York UCC) issued by the Trustee. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(b) <U>Multi-Series Letter of Credit Expiration Date</U>. If prior to the date which is ten (10)&nbsp;days prior to the then scheduled
Multi-Series Letter of Credit Expiration Date with respect to any Multi-Series Letter of Credit, excluding the amount allocated to the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Notes and available to be drawn under such Multi-Series
Letter of Credit but taking into account the amount allocated to the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Notes under each substitute Multi-Series Letter of Credit which has been obtained from a Series
<FONT STYLE="white-space:nowrap">2010-6</FONT> Eligible Letter of Credit Provider and is in full force and effect on such date, the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Enhancement Amount would be equal to or more than the Series <FONT
STYLE="white-space:nowrap">2010-6</FONT> Required Enhancement Amount and the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Liquidity Amount would be equal to or greater than the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Required
Liquidity Amount, then the Administrator shall notify the Trustee in writing no later than two Business Days prior to such Multi-Series Letter of Credit Expiration Date of such determination. If prior to the date which is ten (10)&nbsp;days prior to
the then scheduled Multi-Series Letter of Credit Expiration Date with respect to any Multi-Series Letter of Credit, excluding the amount allocated to the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Notes and available to be drawn under
such Multi-Series Letter of Credit but taking into account the amount allocated to the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Notes under each substitute Multi-Series Letter of Credit which has been obtained from a Series <FONT
STYLE="white-space:nowrap">2010-6</FONT> Eligible Letter of Credit Provider and is in full force and effect on such date, the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Enhancement Amount would be less than the Series <FONT
STYLE="white-space:nowrap">2010-6</FONT> Required Enhancement Amount or the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Liquidity Amount would be less than the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Required Liquidity
Amount, then the Administrator shall notify the Trustee in writing no later than two Business Days prior to such Multi-Series Letter of Credit Expiration Date of (x)&nbsp;the greater of (A)&nbsp;the excess, if any, of the Series <FONT
STYLE="white-space:nowrap">2010-6</FONT> Required Enhancement Amount over the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Enhancement Amount, excluding the amount allocated to the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Notes
and available amount under such </P>
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expiring Multi-Series Letter of Credit but taking into account the amount allocated to the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Notes under any substitute Multi-Series Letter of
Credit which has been obtained from a Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Eligible Letter of Credit Provider and is in full force and effect, on such date, and (B)&nbsp;the excess, if any, of the Series <FONT
STYLE="white-space:nowrap">2010-6</FONT> Required Liquidity Amount over the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Liquidity Amount, excluding the amount allocated to the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Notes and
available amount under such expiring Multi-Series Letter of Credit but taking into account the amount allocated to the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Notes under any substitute Multi-Series Letter of Credit which has been
obtained from a Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Eligible Letter of Credit Provider and is in full force and effect, on such date, and (y)&nbsp;the amount allocated to the Series <FONT STYLE="white-space:nowrap">2010-6</FONT>
Notes and available to be drawn on such expiring Multi-Series Letter of Credit on such date. Upon receipt of such notice by the Trustee on or prior to 10:00 a.m. (New&nbsp;York City time) on any Business Day, the Trustee shall, by 12:00 noon
(New&nbsp;York City time) on such Business Day (or, in the case of any notice given to the Trustee after 10:00 a.m. (New&nbsp;York City time), by 12:00 noon (New&nbsp;York City time) on the next following Business Day), draw the lesser of the
amounts set forth in clauses (x)&nbsp;and (y) above on such expiring Multi-Series Letter of Credit by presenting a Certificate of Termination Demand and shall cause the Termination Disbursement to be deposited in the Series <FONT
STYLE="white-space:nowrap">2010-6</FONT> Cash Collateral Account. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">If the Trustee does not receive the notice from the Administrator
described in the first paragraph of this Section&nbsp;3.8(b) on or prior to the date that is two Business Days prior to each Multi-Series Letter of Credit Expiration Date, the Trustee shall, by 12:00 noon (New&nbsp;York City time) on such Business
Day draw the full amount allocated to the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Notes under such Multi-Series Letter of Credit by presenting a Certificate of Termination Demand and shall cause the Termination Disbursement to be
deposited in the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Cash Collateral Account. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(c) <U>Multi-Series Letter of Credit
Providers</U>. The Administrator shall notify the Trustee in writing within one Business Day of becoming aware that (x)&nbsp;the long-term senior unsecured debt rating of any Multi-Series Letter of Credit Provider has fallen below &#147;BBB&#148; as
determined by DBRS, (y)&nbsp;the long-term senior unsecured debt rating of such Multi-Series Letter of Credit Provider has fallen below &#147;Baa2&#148; as determined by Moody&#146;s and (z)&nbsp;the long-term senior unsecured debt rating of such
Multi-Series Letter of Credit Provider has fallen below &#147;BBB&#148; as determined by Standard&nbsp;&amp; Poor&#146;s). At such time the Administrator shall also notify the Trustee of (i)&nbsp;the greater of (A)&nbsp;the excess, if any, of the
Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Required Enhancement Amount over the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Enhancement Amount, excluding the amount allocated to the Series
<FONT STYLE="white-space:nowrap">2010-6</FONT> Notes and available under such Multi-Series Letter of Credit issued by such Multi-Series Letter of Credit Provider, on such date, and (B)&nbsp;the excess, if any, of the Series <FONT
STYLE="white-space:nowrap">2010-6</FONT> Required Liquidity Amount over the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Liquidity Amount, excluding the amount allocated to the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Notes and
available under such Multi-Series Letter of Credit, on such date, and (ii)&nbsp;the amount allocated to the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Notes and available to be drawn on such Multi-Series Letter of Credit on such date.
Upon receipt of such notice by the Trustee on or prior to 10:00 a.m. (New York City time) on any Business Day, the Trustee shall, by 12:00 noon (New York City time) on such Business Day (or, in the case of any notice given to the Trustee after 10:00
a.m. (New York City time), by 12:00 noon (New York City time) on the next following Business Day), draw on such Multi-Series Letter of Credit in an amount equal to the lesser of the amounts in clause (i)&nbsp;and clause (ii)&nbsp;of the immediately
preceding sentence on such Business Day by presenting a Certificate of Termination Demand and shall cause the Termination Disbursement to be deposited in the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Cash Collateral Account. </P>
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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(d) <U>Draws on the Multi-Series Letter of Credit</U>. If there is more than one
Multi-Series Letter of Credit on the date of any draw on the Multi-Series Letters of Credit pursuant to the terms of this Supplement, the Administrator shall instruct the Trustee, in writing, to draw on each Multi-Series Letter of Credit in an
amount equal to the LOC Pro Rata Share of the Multi-Series Letter of Credit Provider issuing such Multi-Series Letter of Credit of the amount of such draw on the Multi-Series Letters of Credit. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(e) <U>Establishment of Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Cash Collateral Account</U>. On or prior to the date of any
drawing under a Multi-Series Letter of Credit pursuant to Section&nbsp;3.8(b) or (c)&nbsp;above, ABRCF shall establish and maintain in the name of the Trustee for the benefit of the Class&nbsp;A Noteholders, or cause to be established and
maintained, an account (the &#147;<U>Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Cash Collateral Account</U>&#148;), bearing a designation clearly indicating that the funds deposited therein are held for the benefit of the Class&nbsp;A
Noteholders. The Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Cash Collateral Account shall be maintained (i)&nbsp;with a Qualified Institution, or (ii)&nbsp;as a segregated trust account with the corporate trust department of a depository
institution or trust company having corporate trust powers and acting as trustee for funds deposited in the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Cash Collateral Account; <U>provided</U> that, if at any time such Qualified
Institution is no longer a Qualified Institution or the credit rating of any securities issued by such depository institution or trust company shall be reduced to below <FONT STYLE="white-space:nowrap">&#147;BBB-&#148;</FONT> by Standard&nbsp;&amp;
Poor&#146;s, &#147;Baa3&#148; by Moody&#146;s or &#147;BBB (low)&#148; by DBRS, then ABRCF shall, within 30 days of such reduction, establish a new Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Cash Collateral Account with a new Qualified
Institution or a new segregated trust account with the corporate trust department of a depository institution or trust company having corporate trust powers and acting as trustee for funds deposited in the Series
<FONT STYLE="white-space:nowrap">2010-6</FONT> Cash Collateral Account. If a new Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Cash Collateral Account is established, ABRCF shall instruct the Trustee in writing to transfer all cash and
investments from the <FONT STYLE="white-space:nowrap">non-qualifying</FONT> Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Cash Collateral Account into the new Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Cash Collateral Account.
</P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(f) <U>Administration of the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Cash Collateral Account</U>. ABRCF may instruct (by
standing instructions or otherwise) the institution maintaining the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Cash Collateral Account to invest funds on deposit in the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Cash Collateral
Account from time to time in Permitted Investments; <U>provided</U>, <U>however</U>, that any such investment shall mature not later than the Business Day prior to the Distribution Date following the date on which such funds were received, unless
any Permitted Investment held in the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Cash Collateral Account is held with the Paying Agent, in<B> </B>which case such investment may mature on such Distribution Date so long as such funds shall
be available for withdrawal on or prior to such Distribution Date. All such Permitted Investments will be credited to the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Cash Collateral Account and any such Permitted Investments that
constitute (i)&nbsp;physical property (and that is not either a United States security entitlement or a security entitlement) shall be physically delivered to the Trustee; (ii)&nbsp;United States security entitlements or security entitlements shall
be controlled (as defined in <FONT STYLE="white-space:nowrap">Section&nbsp;8-106</FONT> of the New&nbsp;York UCC) by the Trustee pending maturity or disposition, and (iii)&nbsp;uncertificated securities (and not United States security entitlements)
shall be delivered to the Trustee by causing the Trustee to become the registered holder of such securities. The Trustee shall, at the expense of ABRCF, take such action as is required to maintain the Trustee&#146;s security interest in the
Permitted Investments credited to the </P>
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Series 2010-6 Cash Collateral Account. ABRCF shall not direct the Trustee to dispose of (or permit the disposal of) any Permitted Investments prior to the maturity thereof to the extent such
disposal would result in<B> </B>a loss of the purchase price of such Permitted Investment. In the absence of written investment instructions hereunder, funds on deposit in the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Cash Collateral
Account shall remain uninvested. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(g) <U>Earnings from Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Cash Collateral Account</U>.
All interest and earnings (net of losses and investment expenses) paid on funds on deposit in the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Cash Collateral Account shall be deemed to be on deposit therein and available for distribution.
</P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(h) <U>Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Cash Collateral Account Surplus</U>. In the event that the Series <FONT
STYLE="white-space:nowrap">2010-6</FONT> Cash Collateral Account Surplus on any Distribution Date (or, after the Multi-Series Letter of Credit Termination Date, on any date) is greater than zero, the Trustee, acting in accordance with the written
instructions of the Administrator, shall withdraw from the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Cash Collateral Account an amount equal to the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Cash Collateral Account Surplus and
shall pay such amount: <U>first</U>, to the Multi-Series Letter of Credit Providers to the extent of any unreimbursed drawings under the related Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Reimbursement Agreement, for application in
accordance with the provisions of the related Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Reimbursement Agreement, <U>second</U>, to the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Reserve Account to the extent necessary to pay
any Contingent Monthly Funding Costs Shortfall (together with accrued interest thereon) and, <U>third</U>, to ABRCF any remaining amount. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(i) <U>Termination of Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Cash Collateral Account</U>. Upon the termination of this
Supplement in accordance with its terms, the Trustee, acting in accordance with the written instructions of the Administrator, after the prior payment of all amounts owing to the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Noteholders and
payable from the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Cash Collateral Account as provided herein, shall withdraw from the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Cash Collateral Account all amounts on deposit therein
(to the extent not withdrawn pursuant to Section&nbsp;3.8(h) above) and shall pay such amounts: <U>first</U>, to the Multi-Series Letter of Credit Providers to the extent of any unreimbursed drawings under the related Series <FONT
STYLE="white-space:nowrap">2010-6</FONT> Reimbursement Agreement, for application in accordance with the provisions of the related Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Reimbursement Agreement, and, <U>second</U>, to ABRCF any
remaining amount. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(j) <U>Termination Date Demands on the Multi-Series Letters of Credit</U>. Prior to 10:00 a.m. (New&nbsp;York City
time) on the Business Day immediately succeeding the Multi-Series Letter of Credit Termination Date, the Administrator shall determine the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Demand Note Payment Amount as of the Multi-Series Letter
of Credit Termination Date. If the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Demand Note Payment Amount is greater than zero, then the Administrator shall instruct the Trustee in writing to draw on the Multi-Series Letters of Credit.
Upon receipt of any such notice by the Trustee on or prior to 11:00 a.m. (New&nbsp;York City time) on a Business Day, the Trustee shall, by 12:00 noon (New&nbsp;York City time) on such Business Day draw an amount equal to the lesser of (i)&nbsp;the
excess of the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Demand Note Payment Amount over the Reserve Account Transfer Amount and (ii)&nbsp;the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Allocated Multi-Series Letter of Credit
Liquidity Amount on the Multi-Series Letter of Credit by presenting to each Multi-Series Letter of Credit Provider a Certificate of Termination Date Demand; <U>provided</U>, <U>however</U>, that if the Series
<FONT STYLE="white-space:nowrap">2010-6</FONT> Cash Collateral Account has been established and funded, the Trustee shall draw an amount equal to the product of (a) 100% minus the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Cash Collateral
</P>
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Percentage and (b)&nbsp;the lesser of the amounts referred to in clause (i)&nbsp;or (ii) on such Business Day on the Multi-Series Letter of Credit as calculated by the Administrator and provided
in writing to the Trustee. The Trustee shall cause the Termination Date Disbursement to be deposited in the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Cash Collateral Account. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;3.9. Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Distribution Account. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(a) <U>Establishment of Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Distribution Account</U>. The Trustee shall establish and
maintain in the name of the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Agent for the benefit of the <FONT STYLE="white-space:nowrap">Series&nbsp;2010-6</FONT> Noteholders, or cause to be established and maintained, an account (the
&#147;<U>Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Distribution Account</U>&#148;), bearing a designation clearly indicating that the funds deposited therein are held for the benefit of the Series
<FONT STYLE="white-space:nowrap">2010-6</FONT> Noteholders. The Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Distribution Account shall be maintained (i)&nbsp;with a Qualified Institution, or (ii)&nbsp;as a segregated trust account with the
corporate trust department of a depository institution or trust company having corporate trust powers and acting as trustee for funds deposited in the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Distribution Account; <U>provided</U> that,
if at any time such Qualified Institution is no longer a Qualified Institution or the credit rating of any securities issued by such depositary institution or trust company shall be reduced to below
<FONT STYLE="white-space:nowrap">&#147;BBB-&#148;</FONT> by Standard&nbsp;&amp; Poor&#146;s, &#147;Baa3&#148; by Moody&#146;s or &#147;BBB (low)&#148; by DBRS, then ABRCF shall, within 30 days of such reduction, establish a new Series <FONT
STYLE="white-space:nowrap">2010-6</FONT> Distribution Account with a new Qualified Institution. If the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Distribution Account is not maintained in accordance with the previous sentence, ABRCF shall
establish a new Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Distribution Account, within ten (10)&nbsp;Business Days after obtaining knowledge of such fact, which complies with such sentence, and shall instruct the <FONT
STYLE="white-space:nowrap">Series&nbsp;2010-6</FONT> Agent in writing to transfer all cash and investments from the <FONT STYLE="white-space:nowrap">non-qualifying</FONT> <FONT STYLE="white-space:nowrap">Series&nbsp;2010-6</FONT> Distribution
Account into the new Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Distribution Account. Initially, the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Distribution Account will be established with The Bank of New&nbsp;York Mellon.
</P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(b) <U>Administration of the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Distribution Account</U>. The Administrator may
instruct the institution maintaining the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Distribution Account to invest funds on deposit in the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Distribution Account from time to time in
Permitted Investments; <U>provided</U>, <U>however</U>, that any such investment shall mature not later than the Business Day prior to the Distribution Date following the date on which such funds were received, unless any Permitted Investment held
in the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Distribution Account is held with the Paying Agent, then such investment may mature on such Distribution Date and such funds shall be available for withdrawal on or prior to such
Distribution Date. All such Permitted Investments will be credited to the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Distribution Account and any such Permitted Investments that constitute (i)&nbsp;physical property (and that is not
either a United States security entitlement or a security entitlement) shall be physically delivered to the Trustee; (ii)&nbsp;United States security entitlements or security entitlements shall be controlled (as defined in <FONT
STYLE="white-space:nowrap">Section&nbsp;8-106</FONT> of the New&nbsp;York UCC) by the Trustee pending maturity or disposition, and (iii)&nbsp;uncertificated securities (and not United States security entitlements) shall be delivered to the Trustee
by causing the Trustee to become the registered holder of such securities. The Trustee shall, at the expense of ABRCF, take such action as is required to maintain the Trustee&#146;s security interest in the Permitted Investments credited to the
Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Distribution Account. ABRCF shall not direct the Trustee to dispose of (or permit the disposal of) any Permitted Investments prior to the maturity thereof to the extent such disposal would result
in a loss of purchase price of such Permitted Investments. In the absence of written investment instructions hereunder, funds on deposit in the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Distribution Account shall remain uninvested. </P>
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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(c) <U>Earnings from Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Distribution
Account</U>. All interest and earnings (net of losses and investment expenses) paid on funds on deposit in the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Distribution Account shall be deemed to be on deposit and available for
distribution. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(d) <U>Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Distribution Account Constitutes Additional Collateral for
Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Notes</U>. In order to secure and provide for the repayment and payment of the ABRCF Obligations with respect to the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Notes, ABRCF hereby
grants a security interest in and assigns, pledges, grants, transfers and sets over to the Trustee, for the benefit of the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Noteholders, all of ABRCF&#146;s right, title and interest in and to the
following (whether now or hereafter existing or acquired): (i) the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Distribution Account, including any security entitlement thereto; (ii)&nbsp;all funds on deposit therein from time to time;
(iii)&nbsp;all certificates and instruments, if any, representing or evidencing any or all of the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Distribution Account or the funds on deposit therein from time to time; (iv)&nbsp;all investments
made at any time and from time to time with monies in the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Distribution Account, whether constituting securities, instruments, general intangibles, investment property, financial assets or other
property; (v)&nbsp;all interest, dividends, cash, instruments and other property from time to time received, receivable or otherwise distributed in respect of or in exchange for the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Distribution
Account, the funds on deposit therein from time to time or the investments made with such funds; and (vi)&nbsp;all proceeds of any and all of the foregoing, including, without limitation, cash (the items in the foregoing clauses (i)&nbsp;through
(vi) are referred to, collectively, as the &#147;<U>Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Distribution Account Collateral</U>&#148;). The Trustee shall possess all right, title and interest in all funds on deposit from time to time
in the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Distribution Account and in and to all proceeds thereof, and shall be the only person authorized to originate entitlement orders in respect of the Series
<FONT STYLE="white-space:nowrap">2010-6</FONT> Distribution Account. The Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Distribution Account Collateral shall be under the sole dominion and control of the Trustee for the benefit of the Series <FONT
STYLE="white-space:nowrap">2010-6</FONT> Noteholders. The Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Agent hereby agrees (i)&nbsp;to act as the securities intermediary (as defined in
<FONT STYLE="white-space:nowrap">Section&nbsp;8-102(a)(14)</FONT> of the New&nbsp;York UCC) with respect to the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Distribution Account; (ii)&nbsp;that its jurisdiction as securities intermediary is
New York; (iii)&nbsp;that each item of property (whether investment property, financial asset, security, instrument or cash) credited to the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Distribution Account shall be treated as a financial
asset (as defined in <FONT STYLE="white-space:nowrap">Section&nbsp;8-102(a)(9)</FONT> of the New&nbsp;York UCC) and (iv)&nbsp;to comply with any entitlement order (as defined in <FONT STYLE="white-space:nowrap">Section&nbsp;8-102(a)(8)</FONT> of the
New&nbsp;York UCC) issued by the Trustee. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;3.10. Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Demand Notes
Constitute Additional Collateral for Class&nbsp;A Notes. In order to secure and provide for the repayment and payment of the obligations with respect to the Class&nbsp;A Notes, ABRCF hereby grants a security interest in and assigns, pledges, grants,
transfers and sets over to the Trustee, for the benefit of the Class&nbsp;A Noteholders, all of ABRCF&#146;s right, title and interest in and to the following (whether now or hereafter existing or acquired): (i)&nbsp;the Series <FONT
STYLE="white-space:nowrap">2010-6</FONT> Demand Notes; (ii)&nbsp;all certificates and instruments, if any, representing or evidencing the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Demand Notes; and (iii)&nbsp;all proceeds of any and all
of the foregoing, including, without limitation, cash. On the date hereof, ABRCF shall deliver to the Trustee, for the benefit of the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Noteholders, each Series
<FONT STYLE="white-space:nowrap">2010-6</FONT> Demand Note, endorsed in blank. The Trustee, for the benefit of the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Noteholders, shall be the only Person authorized to make a demand for payments
on the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Demand Notes. </P>
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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;3.11. Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Interest Rate Caps.
(a)&nbsp;On or prior to the A&amp;R Effective Date, ABRCF shall acquire one or more interest rate caps (each a &#147;<U>Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Interest Rate Cap</U>&#148;) from a Qualified Interest Rate Cap
Counterparty. On the A&amp;R Effective Date, the aggregate notional amount of all Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Interest Rate Caps shall equal the Class&nbsp;A Maximum Invested Amount, and the aggregate notional amount of all
Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Interest Rate Caps may be reduced pursuant to the related Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Interest Rate Cap to the extent that the Class&nbsp;A Maximum Invested Amount is
reduced after the A&amp;R Effective Date. ABRCF shall acquire one or more additional Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Interest Rate Caps in connection with any increase of the Class&nbsp;A Maximum Invested Amount such that the
aggregate notional amounts of all Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Interest Rate Caps shall equal the Class&nbsp;A Maximum Invested Amount after giving effect to such increase. The strike rate of each Series <FONT
STYLE="white-space:nowrap">2010-6</FONT> Interest Rate Cap shall not be greater than 4.00%. The Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Interest Rate Caps shall extend to at least the Series
<FONT STYLE="white-space:nowrap">2010-6</FONT> Termination Date. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(b) If, at any time, an Interest Rate Cap Counterparty is not a
Qualified Interest Rate Cap Counterparty, then ABRCF shall cause the Interest Rate Cap Counterparty within 30 Business Days following such occurrence, at the Interest Rate Cap Counterparty&#146;s expense, to do one of the following (the choice of
such action to be determined by the Interest Rate Cap Counterparty)&nbsp;(i) obtain a replacement interest rate cap on the same terms as the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Interest Rate Cap from a Qualified Interest Rate Cap
Counterparty and simultaneously with such replacement ABRCF shall terminate the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Interest Rate Cap being replaced, (ii)&nbsp;obtain a guaranty from, or contingent agreement of, another person who
qualifies as a Qualified Interest Rate Cap Counterparty to honor the Interest Rate Cap Counterparty&#146;s obligations under the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Interest Rate Cap in form and substance satisfactory to the
Administrative Agent or (iii)&nbsp;post and maintain collateral satisfactory to the Administrative Agent; <U>provided</U> that no termination of the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Interest Rate Cap shall occur until ABRCF has
entered into a replacement Interest Rate Cap. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(c) To secure payment of all obligations to the Class&nbsp;A Noteholders, ABRCF grants a
security interest in, and assigns, pledges, grants, transfers and sets over to the Trustee, for the benefit of the Class&nbsp;A Noteholders, all of ABRCF&#146;s right, title and interest in the Series <FONT STYLE="white-space:nowrap">2010-6</FONT>
Interest Rate Caps and all proceeds thereof (the &#147;<U>Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Interest Rate Cap Collateral</U>&#148;). ABRCF shall require all Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Interest Rate Cap
Proceeds to be paid to, and the Trustee shall allocate all Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Interest Rate Cap Proceeds to, the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Accrued Interest Account of the Series <FONT
STYLE="white-space:nowrap">2010-6</FONT> Collection Account. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;3.12. Payments to Funding Agents, Purchaser Groups<U> or
Committed Note Purchasers</U>. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(a) Notwithstanding anything to the contrary herein or in the Base Indenture, amounts distributable by
ABRCF, the Trustee, the Paying Agent or the Administrative Agent to a <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser or a Funding Agent for the account of its Related Purchaser Group (or amounts distributable by any such Person
directly to such Purchaser Group) shall be paid by wire transfer of immediately available funds no later than 3:00 p.m. (New&nbsp;York time) for credit to the account or accounts designated by such <FONT STYLE="white-space:nowrap">Non-Conduit</FONT>
Purchaser or Funding Agent. Notwithstanding the foregoing, the Administrative Agent shall not be so obligated unless the Administrative Agent shall have received the funds by 12:00 noon (New&nbsp;York City time). </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">91 </P>

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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(b) All amounts payable to the Committed Note Purchaser hereunder or with respect to the
Class&nbsp;R Notes on any date shall be made to the Committed Note Purchaser (or upon the order of the Committed Note Purchaser) in accordance with this Section&nbsp;3.12, provided that: </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:5%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(i) if (A)&nbsp;the Committed Note Purchaser receives funds payable to it hereunder later than 3:00 p.m. (New&nbsp;York time)
on any date and (B)&nbsp;prior to the later of the next succeeding Determination Date and thirty (30)&nbsp;days after the date on which the Committed Note Purchaser received such funds, the Class&nbsp;R Note Purchaser notifies ABRCF in writing of
such late receipt, then such funds received later than 3:00 p.m. (New&nbsp;York time) on such date by the Committed Note Purchaser will be deemed to have been received by the Committed Note Purchaser on the next Business Day and any interest
accruing with respect to the payment of such funds on such next Business Day shall not be payable until the Payment Date immediately following the later of such two dates specified in this clause (B); and </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:5%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(ii) if (A)&nbsp;the Committed Note Purchaser receives funds payable to it hereunder later than 3:00 p.m. (New&nbsp;York time)
on any date and (B)&nbsp;prior to the later of the next succeeding Determination Date and thirty (30)&nbsp;days after the date on which the Committed Note Purchaser received such funds, the Committed Note Purchaser does not notify ABRCF in writing
of such receipt, then such funds, received later than 3:00 p.m. (New&nbsp;York time) on such date will be treated for all purposes hereunder as received on such date. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;3.13. Subordination of the Class&nbsp;R Notes. Notwithstanding anything to the contrary contained in this Supplement, the Base
Indenture or in any other Related Document, the Class&nbsp;R Notes will be subordinate in all respects to the Class&nbsp;A Notes as and to the extent set forth in this Section&nbsp;3.13. No payments on account of principal shall be made with respect
to the Class&nbsp;R Notes on any Distribution Date during the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Controlled Amortization Period unless an amount equal to the Class&nbsp;A Controlled Distribution Amount for the Related Month shall
have been paid to the Class&nbsp;A Noteholders and no payments on account of principal shall be made with respect to the Class&nbsp;R Notes during the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Rapid Amortization Period or on the final
Distribution Date until the Class&nbsp;A Notes have been paid in full. No payments on account of interest shall be made with respect to the Class&nbsp;R Notes on any Distribution Date until all payments of interest and principal and other fees due
and payable on such Distribution Date with respect to the Class&nbsp;A Notes have been paid in full. </P> <P STYLE="margin-top:24pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>ARTICLE IV </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>AMORTIZATION EVENTS </B></P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">In
addition to the Amortization Events set forth in Section&nbsp;9.1 of the Base Indenture, any of the following shall be an Amortization Event with respect to the Series <FONT STYLE="white-space:nowrap">2010-6</FONT>
</P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">92 </P>

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Notes and collectively shall constitute the Amortization Events set forth in Section&nbsp;9.1(n) of the Base Indenture with respect to the Series <FONT STYLE="white-space:nowrap">2010-6</FONT>
Notes (without notice or other action on the part of the Trustee or any holders of the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Notes): </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:5%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(a) a Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Enhancement Deficiency shall occur and continue for at least two
(2)&nbsp;Business Days; <U>provided</U>, <U>however</U>, that such event or condition shall not be an Amortization Event if during such two (2)&nbsp;Business Day period such Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Enhancement
Deficiency shall have been cured in accordance with the terms and conditions of the Indenture and the Related Documents; </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:5%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(b) either the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Liquidity Amount shall be less than the Series <FONT
STYLE="white-space:nowrap">2010-6</FONT> Required Liquidity Amount or the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Available Reserve Account Amount shall be less than the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Required
Reserve Account Amount for at least two (2)&nbsp;Business Days; <U>provided</U>, <U>however</U>, that such event or condition shall not be an Amortization Event if during such two (2)&nbsp;Business Day period such insufficiency shall have been cured
in accordance with the terms and conditions of the Indenture and the Related Documents; </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:5%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(c) an AESOP I Operating Lease
Vehicle Deficiency shall occur and continue for at least two (2)&nbsp;Business Days; </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:5%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(d) the Collection Account, the
Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Collection Account, the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Excess Collection Account or the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Reserve Account shall be
subject to an injunction, estoppel or other stay or a Lien (other than Liens permitted under the Related Documents); </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:5%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(e)
all principal of and interest on the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Notes is not paid on the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Expected Final Distribution Date; </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:5%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(f) any Multi-Series Letter of Credit shall not be in full force and effect for at least two (2)&nbsp;Business Days and
(x)&nbsp;either a Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Enhancement Deficiency would result from excluding the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Applicable Multi-Series L/C Amount attributable to such Multi-Series
Letter of Credit from the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Enhancement Amount or (y)&nbsp;the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Liquidity Amount, excluding therefrom the Series
<FONT STYLE="white-space:nowrap">2010-6</FONT> Applicable Multi-Series L/C Amount attributable to such Multi-Series Letter of Credit, would be less than the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Required Liquidity Amount; </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:5%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(g) from and after the funding of the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Cash Collateral Account, the Series
<FONT STYLE="white-space:nowrap">2010-6</FONT> Cash Collateral Account shall be subject to an injunction, estoppel or other stay or a Lien (other than Liens permitted under the Related Documents) for at least two (2)&nbsp;Business Days and either
(x)&nbsp;a Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Enhancement Deficiency would result from excluding the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Available Cash Collateral Account Amount from the Series <FONT
STYLE="white-space:nowrap">2010-6</FONT> Enhancement Amount or (y)&nbsp;the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Liquidity Amount, excluding therefrom the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Available Cash
Collateral Amount, would be less than the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Required Liquidity Amount; </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:5%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(h) an Event of Bankruptcy shall have occurred with respect to any Multi-Series Letter of Credit Provider or any Multi-Series
Letter of Credit Provider repudiates </P>
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 <P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:5%; font-size:10pt; font-family:Times New Roman">
the Multi-Series Letter of Credit or refuses to honor a proper draw thereon and either (x)&nbsp;a Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Enhancement Deficiency would result from
excluding the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Applicable Multi-Series L/C Amount attributable to such Multi-Series Letter of Credit from the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Enhancement Amount or
(y)&nbsp;the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Liquidity Amount, excluding therefrom the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Applicable Multi-Series L/C Amount attributable to such Multi-Series Letter of Credit,
would be less than the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Required Liquidity Amount; </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:5%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(i) the occurrence
of an Event of Bankruptcy with respect to ABG or any Permitted Sublessee (other than a third-party Permitted Sublessee); </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:5%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(j) a Change in Control shall have occurred; </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:5%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(k) ABRCF shall fail to acquire or maintain in force Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Interest Rate Caps
at the times and in the notional amounts required by the terms of Section&nbsp;3.11; </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:5%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(l) the occurrence and continuation
of an &#147;event of default&#148; under the Credit Agreement or any Replacement Credit Agreement, that is not waived pursuant to the terms of such Credit Agreement or Replacement Credit Agreement; </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:5%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(m) the breach by ABCR or any of its Affiliates of any covenant under the Credit Agreement or any Replacement Credit Agreement
to the extent such covenant requires compliance by ABCR or its Affiliates with an interest coverage ratio, a fixed charge coverage ratio, a leverage ratio or a minimum EBITDA level or with any other financial measure or ratio intended to test the
financial or credit performance of ABCR and its consolidated subsidiaries, whether or not such breach is waived pursuant to the terms of the Credit Agreement or such Replacement Credit Agreement; </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:5%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(n) the Class&nbsp;A Controlled Distribution Amount with respect to the Related Month is not paid in full on any Distribution
Date during the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Controlled Amortization Period (other than the first Distribution Date during the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Controlled Amortization Period); and </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:5%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(o) an Amortization Event shall have occurred with respect to the <FONT STYLE="white-space:nowrap">Series&nbsp;2015-3</FONT>
Notes. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">In the case of any event described in clause (j), (k), (l), (m) or (o)&nbsp;above, an Amortization Event shall have occurred with
respect to the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Notes only if either the Trustee or the Requisite Noteholders declare that an Amortization Event has occurred. In the case of an event described in clause (a), (b), (c), (d), (e),
(f), (g), (h), (i) or (n)&nbsp;an Amortization Event with respect to the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Notes shall have occurred without any notice or other action on the part of the Trustee or any Series <FONT
STYLE="white-space:nowrap">2010-6</FONT> Noteholders, immediately upon the occurrence of such event. Amortization Events with respect to the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Notes described in clause (a), (b), (c), (d), (e),
(f), (g), (h), (i) or (n)&nbsp;may be waived with the written consent of the Purchaser Groups having Commitment Percentages aggregating 100%. Amortization Events with respect to the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Notes
described in clause (j), (k), (l), (m) or (o)&nbsp;above may be waived in accordance with Section&nbsp;9.5 of the Base Indenture. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">94 </P>

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 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>ARTICLE V </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>RIGHT TO WAIVE PURCHASE RESTRICTIONS </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Notwithstanding any provision to the contrary in the Indenture or the Related Documents, upon the Trustee&#146;s receipt of notice from any
Lessee, any Borrower or ABRCF that the Lessees, the Borrowers and ABRCF have determined to increase any Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Maximum Amount or the percentage set forth in clause (y)&nbsp;of any of paragraphs (ii),
(iii), (iv), (v), (vi) or (vii)&nbsp;of the definition of Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Incremental Enhancement Amount, (such notice, a &#147;<U>Waiver Request</U>&#148;), each Series
<FONT STYLE="white-space:nowrap">2010-6</FONT> Noteholder may, at its option, waive any Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Maximum Amount or any increase in the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Required
Enhancement Amount based upon clause (y)&nbsp;of any of paragraphs (ii), (iii), (iv), (v), (vi) or (vii)&nbsp;of the definition of the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Incremental Enhancement Amount (collectively, a
&#147;<U>Waivable Amount</U>&#148;) if (i)&nbsp;no Amortization Event exists, (ii)&nbsp;the Requisite Noteholders consent to such waiver and (iii) 60 days&#146; prior written notice of such proposed waiver is provided to the Rating Agencies,
Standard&nbsp;&amp; Poor&#146;s and Moody&#146;s by the Trustee. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Upon receipt by the Trustee of a Waiver Request (a copy of which the
Trustee shall promptly provide to the Rating Agencies), all amounts which would otherwise be allocated to the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Excess Collection Account (collectively, the &#147;<U>Designated Amounts</U>&#148;)
from the date the Trustee receives a Waiver Request through the Consent Period Expiration Date will be held by the Trustee in the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Collection Account for ratable distribution as described below.
</P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Within ten (10)&nbsp;Business Days after the Trustee receives a Waiver Request, the Trustee shall furnish notice thereof to the
Administrative Agent, which notice shall be accompanied by a form of consent (each a &#147;<U>Consent</U>&#148;) in the form of <U>Exhibit</U><U></U><U>&nbsp;C</U> hereto by which the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Noteholders
may, on or before the Consent Period Expiration Date, consent to waiver of the applicable Waivable Amount. Upon receipt of notice of a Waiver Request, the Administrative Agent shall forward a copy of such request together with the Consent to each <FONT
STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser and Funding Agent with respect to its Related Purchaser Group. If the Trustee receives the Consents from the Requisite Noteholders agreeing to waiver of the applicable Waivable Amount within
forty-five (45)&nbsp;days after the Trustee notifies the Administrative Agent of a Waiver Request (the day on which such forty-five (45)&nbsp;day period expires, the &#147;<U>Consent Period Expiration Date</U>&#148;), (i) the applicable Waivable
Amount shall be deemed waived by the consenting Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Noteholders, (ii)&nbsp;the Trustee will distribute the Designated Amounts as set forth below and (iii)&nbsp;the Trustee shall promptly (but in any
event within two days) provide the Rating Agencies, Standard&nbsp;&amp; Poor&#146;s and Moody&#146;s with notice of such waiver. Any Purchaser Group from whom the Trustee has not received a Consent on or before the Consent Period Expiration Date
will be deemed not to have consented to such waiver. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">If the Trustee receives Consents from the Requisite Noteholders on or before the
Consent Period Expiration Date, then on the immediately following Distribution Date, upon receipt of written direction from the Administrator the Trustee will pay the Designated Amounts to the Administrative Agent for the accounts of the <FONT
STYLE="white-space:nowrap">non-consenting</FONT> Purchaser Groups. Upon the receipt of funds from the Trustee pursuant to this Article V, the Administrative Agent shall pay the Designated Amounts as follows: </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">95 </P>

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 <P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:5%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(i) to each <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser or
Funding Agent with respect to a <FONT STYLE="white-space:nowrap">non-consenting</FONT> Purchaser Group, such Purchaser Group&#146;s <U>pro</U> <U>rata</U> share based on the Purchaser Group Invested Amount with respect to such Purchaser Group
relative to the Purchaser Group Invested Amount with respect to all <FONT STYLE="white-space:nowrap">non-consenting</FONT> Purchaser Groups of the Designated Amounts up to the amount required to reduce to zero the Purchaser Group Invested Amounts
with respect to all <FONT STYLE="white-space:nowrap">non-consenting</FONT> Purchaser Groups; and </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:5%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(ii) any remaining
Designated Amounts to the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Excess Collection Account. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">If the amount distributed
pursuant to clause (i)&nbsp;of the preceding paragraph is not sufficient to reduce the Purchaser Group Invested Amount with respect to each <FONT STYLE="white-space:nowrap">non-consenting</FONT> Purchaser Group to zero on the date specified therein,
then on each day following such Distribution Date, the Administrator will allocate to the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Collection Account on a daily basis all Designated Amounts collected on such day. On each following
Distribution Date, the Trustee will withdraw such Designated Amounts from the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Collection Account and deposit the same in the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Distribution
Account for distribution to the Administrative Agent for the accounts of the <FONT STYLE="white-space:nowrap">non-consenting</FONT> Purchaser Groups. Upon the receipt of funds from the Trustee pursuant to this Article V, the Administrative Agent
shall pay the Designated Amounts as follows: </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:5%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(a) to each <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser or
Funding Agent with respect to a <FONT STYLE="white-space:nowrap">non-consenting</FONT> Purchaser Group, such Purchaser Group&#146;s <U>pro</U> <U>rata</U> share based on the Purchaser Group Invested Amount with respect to such Purchaser Group
relative to the Purchaser Group Invested Amount with respect to all <FONT STYLE="white-space:nowrap">non-consenting</FONT> Purchaser Groups of the Designated Amounts in the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Collection Account as
of the applicable Determination Date up to the amount required to reduce to zero the Purchaser Group Invested Amounts with respect to all <FONT STYLE="white-space:nowrap">non-consenting</FONT> Purchaser Groups; and </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:5%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(b) any remaining Designated Amounts to the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Excess Collection Account.
</P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">If the Requisite Noteholders do not timely consent to such waiver, the Designated Amounts will be
<FONT STYLE="white-space:nowrap">re-allocated</FONT> to the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Excess Collection Account for allocation and distribution in accordance with the terms of the Indenture and the Related Documents. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">In the event that the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Rapid Amortization Period shall commence after receipt by the
Trustee of a Waiver Request, all such Designated Amounts will thereafter be considered Principal Collections allocated to the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Noteholders. </P>
<P STYLE="margin-top:24pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>ARTICLE VI </B></P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>CONDITIONS
PRECEDENT </B></P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;6.1. Conditions Precedent to Effectiveness of the Original Series
<FONT STYLE="white-space:nowrap">2010-6</FONT> Supplement. The Original Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Supplement became effective on the date (the &#147;<U>Effective Date</U>&#148;) on which all of the following conditions
precedent were satisfied: </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">96 </P>

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 <P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:5%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(a) <U>Documents</U>. The Administrative Agent shall have received copies
for each CP Conduit Purchaser and the Funding Agent and the APA Banks with respect to such <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser, each CP Conduit Purchaser, each executed and delivered in form and substance satisfactory to it
of (i)&nbsp;the Base Indenture, executed by a duly authorized officer of each of ABRCF and the Trustee, (ii)&nbsp;the Original Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Supplement, executed by a duly authorized officer of each of ABRCF,
the Administrator, the Trustee, the Administrative Agent, the Funding Agents, the CP Conduit Purchasers and the APA Banks, (iii)&nbsp;each Lease, executed by a duly authorized officer of each of each Lessee party thereto, the Administrator and the
Lessor party thereto, (iv)&nbsp;each Sublease, executed by a duly authorized officer of each Lessee party thereto and each Permitted Sublessee party thereto, (v)&nbsp;each Loan Agreement, executed by a duly authorized officer of each of ABRCF, the
Lessor party thereto and the Permitted Nominees party thereto, (vi)&nbsp;each Vehicle Title and Lienholder Nominee Agreement, executed by the duly authorized officer of each of the Permitted Nominee party thereto, ABCR, the Lessor party thereto and
the Trustee, (vii)&nbsp;the Master Exchange Agreement, executed by a duly authorized officer of each of the Intermediary, AESOP Leasing, ARAC, BRAC and ABCR; (viii)&nbsp;the Escrow Agreement, executed by a duly authorized officer of each of the
Intermediary, J.P. Morgan Trust Company, N.A., JPMorgan Chase Bank, N.A., AESOP Leasing, ARAC, BRAC and ABCR; (ix)&nbsp;the Administration Agreement, executed by a duly authorized officer of each of ABCR, AESOP Leasing, AESOP Leasing II, ABRCF,
ARAC, BRAC and the Trustee; (x)&nbsp;the Disposition Agent Agreement, dated as of July&nbsp;23, 2009, executed by a duly authorized officer of each of ABCR, ABRCF, AESOP Leasing, AESOP Leasing II, ARAC, BRAC, Lord Securities Corporation, Fiserv
Automotive Solutions, Inc. and the Trustee; (xi)&nbsp;the <FONT STYLE="white-space:nowrap">Back-Up</FONT> Administration Agreement, dated as of July&nbsp;23, 2009, executed by a duly authorized officer of each of ABCR, ABRCF, AESOP Leasing, AESOP
Leasing II, ARAC, BRAC, the Intermediary, Lord Securities Corporation and the Trustee (xii)&nbsp;each Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Letter of Credit (as defined in the Original Series
<FONT STYLE="white-space:nowrap">2010-6</FONT> Supplement), if any, executed by a duly authorized officer of the applicable Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Letter of Credit Provider; and (xiii)&nbsp;each Series <FONT
STYLE="white-space:nowrap">2010-6</FONT> Interest Rate Cap, executed by a duly authorized officer of ABRCF and the applicable Interest Rate Cap Counterparty. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:5%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(b) <U>Corporate Documents; Proceedings of ABRCF, the Administrator, the Permitted Nominees, AESOP Leasing, AESOP Leasing II,
Original AESOP, ARAC and BRAC</U>. The Administrative Agent shall have received, with a copy for each <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser, each CP Conduit Purchaser and the Funding Agent and the APA Banks with respect to
such CP Conduit Purchaser, from ABRCF, the Administrator, the Permitted Nominees, AESOP Leasing, AESOP Leasing II, Original AESOP, ARAC, ABCR and BRAC true and complete copies of: </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:9%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(i) to the extent applicable, the certificate of incorporation or certificate of formation, including all amendments thereto,
of such Person, certified as of a recent date by the Secretary of State or other appropriate authority of the state of incorporation or organization, as the case may be, and a certificate of compliance, of status or of good standing, as and to the
extent applicable, of each such Person as of a recent date, from the Secretary of State or other appropriate authority of such jurisdiction; </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">97 </P>

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 <P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:9%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(ii) a certificate of the Secretary or an Assistant Secretary of such
Person, dated on or prior to the Effective Date and certifying (A)&nbsp;that attached thereto is a true and complete copy of the bylaws, limited liability company agreement or partnership agreement of such Person, as the case may be, as in effect on
the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Closing Date and at all times since a date prior to the date of the resolutions described in clause (B)&nbsp;below, (B) that, to the extent applicable, attached thereto is a true and complete
copy of the resolutions, in form and substance reasonably satisfactory to each Funding Agent, of the Board of Directors or Managers of such Person or committees thereof authorizing the execution, delivery and performance of the Original Series <FONT
STYLE="white-space:nowrap">2010-6</FONT> Supplement and the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Documents to which it is a party and the transactions contemplated thereby, and that such resolutions have not been amended, modified,
revoked or rescinded and are in full force and effect, (C)&nbsp;that the certificate of incorporation or certificate of formation of such Person has not been amended since the date of the last amendment thereto shown on the certificate of good
standing (or its equivalent) furnished pursuant to clause (i)&nbsp;above and (D)&nbsp;as to the incumbency and specimen signature of each officer or authorized signatory executing the Original Series <FONT STYLE="white-space:nowrap">2010-6</FONT>
Supplement and any Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Documents or any other document delivered in connection herewith or therewith on behalf of such Person; and </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:9%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(iii) a certificate of another officer as to the incumbency and specimen signature of the Secretary or Assistant Secretary
executing the certificate pursuant to clause (ii)&nbsp;above. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:5%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(c) <U>Representations and Warranties</U>. All
representations and warranties of each of ABRCF, the Administrator, AESOP Leasing, AESOP Leasing II, Original AESOP, each of the Permitted Nominees, each of the Lessees, each of the Permitted Sublessees and the Intermediary contained in each of the
Related Documents shall be true and correct as of the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Closing Date. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:5%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(d) <U>No Amortization Event, Potential Amortization Event or AESOP I Operating Lease Vehicle Deficiency</U>. No Amortization
Event or Potential Amortization Event in respect of the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Notes or any other Series of Notes shall exist and no AESOP I Operating Lease Vehicle Deficiency shall exist. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:5%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(e) <U>Lien Searches</U>. The Administrative Agent shall have received a written search report listing all effective financing
statements that name ABRCF, AESOP Leasing, AESOP Leasing II, Original AESOP, each of the Permitted Nominees or ABCR as debtor or assignor and that are filed in the State of New&nbsp;York, the State of Delaware and in any other jurisdictions that the
Administrative Agent determines are necessary or appropriate, together with copies of such financing statements, and tax and judgment lien searches showing no such liens that are not permitted by the Base Indenture, the Original Series <FONT
STYLE="white-space:nowrap">2010-6</FONT> Supplement or the Related Documents. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:5%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(f) <U>Legal Opinions</U>. The
Administrative Agent shall have received, with a counterpart addressed to each <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser, each CP Conduit Purchaser and </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">98 </P>

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 <P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:5%; font-size:10pt; font-family:Times New Roman">
the Funding Agent, the Program Support Provider and the APA Banks with respect to each CP Conduit Purchaser and the Trustee, opinions of counsel required by Section&nbsp;2.2(f) of the Base
Indenture and opinions of counsel with respect to such other matters as may be reasonably requested by any Funding Agent, in form and substance reasonably acceptable to the addressees thereof and their counsel. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:5%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(g) <U>Fees and Expenses</U>. Each <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser and each Funding Agent with
respect to its Related Purchaser Group shall have received payment of all fees, <FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">out-of-pocket</FONT></FONT> expenses and other amounts due and payable to such Purchaser Group or the
Administrative Agent, as applicable, on or before the Effective Date. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:5%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(h) <U>Establishment of Accounts</U>. The
Administrative Agent shall have received evidence reasonably satisfactory to it that the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Collection Account, the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Reserve Account and the
Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Distribution Account shall have been established in accordance with the terms and provisions of the Indenture. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:5%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(i) <U>Opinion</U>. The Administrative Agent shall have received, with a counterpart addressed to each CP Conduit Purchaser and
the Funding Agent, the Program Support Provider and the APA Banks with respect such CP Conduit Purchaser, an opinion of counsel to the Trustee as to the due authorization, execution and delivery by the Trustee of the Original Series <FONT
STYLE="white-space:nowrap">2010-6</FONT> Supplement and the due execution, authentication and delivery by the Trustee of the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Notes. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:5%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(j) <U>Rating Letters</U>. Each Funding Agent shall have received a letter, in form and substance satisfactory to such Funding
Agent, from each of Moody&#146;s, Standard&nbsp;&amp; Poor&#146;s and/or Fitch, as applicable, confirming the commercial paper rating of the related CP Conduit Purchaser after giving effect to such CP Conduit Purchaser&#146;s purchase of Series <FONT
STYLE="white-space:nowrap">2010-6</FONT> Notes. Each <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser and each Funding Agent shall have received a copy of a letter, in form and substance satisfactory to such <FONT
STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser and Funding Agent, from each of DBRS and Standard&nbsp;&amp; Poor&#146;s, and ABRCF and the Trustee shall have received a copy of a letter from Moody&#146;s, in each case stating that the
issuance of the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Notes will not result in a reduction or withdrawal of the rating (in effect immediately before the effectiveness of the Original Series
<FONT STYLE="white-space:nowrap">2010-6</FONT> Supplement) of any outstanding Series of Notes with respect to which it is a Rating Agency. Any fees of Moody&#146;s, Standard&nbsp;&amp; Poor&#146;s, Fitch and any Rating Agency in connection with the
delivery of such letters shall have been paid by or on behalf of ABRCF. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:5%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(k) <U>UCC Filings</U>. The Administrative Agent
shall have received (i)&nbsp;executed originals of any documents (including, without limitation, financing statements) required to be filed in each jurisdiction necessary to perfect the security interest of the Trustee in the Series <FONT
STYLE="white-space:nowrap">2010-6</FONT> Collateral and (ii)&nbsp;evidence reasonably satisfactory to it of each such filing and reasonably satisfactory evidence of the payment of any necessary fee or tax relating thereto. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:5%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(l) <U>Proceedings</U>. All corporate and other proceedings and all other documents and legal matters in connection with the
transactions contemplated by the Related Documents shall be satisfactory in form and substance to each <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser and each Funding Agent and its counsel. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">99 </P>

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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;6.2. Conditions Precedent to Effectiveness of this Supplement. This Supplement
shall become effective on the date (the &#147;<U>A&amp;R Effective Date</U>&#148;) on which the following conditions precedent shall have been satisfied: </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; margin-left:5%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(a) <U>Documents</U>. The Administrative Agent shall have received copies for each
<FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser, each CP Conduit Purchaser and the Funding Agent and the APA Banks with respect to such CP Conduit Purchaser, each executed and delivered in form and substance satisfactory to it of:
(i)&nbsp;this Supplement; (ii)&nbsp;each Multi-Series Letter of Credit in effect on the A&amp;R Effective Date, if any, executed by a duly authorized officer of the applicable Multi-Series Letter of Credit Provider; (iii)&nbsp;each Series <FONT
STYLE="white-space:nowrap">2010-6</FONT> Interest Rate Cap in effect on the A&amp;R Effective Date, executed by a duly authorized officer of ABRCF and the applicable Interest Rate Cap Counterparty satisfying the requirements of Section&nbsp;3.11(a);
and (iv)&nbsp;the Fee Letter (collectively, the &#147;<U>A&amp;R Documents</U>&#148;). </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:5%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(b) <U>Corporate Documents;
Proceedings of ABRCF, the Administrator, the Permitted Nominees, AESOP Leasing, AESOP Leasing II, Original AESOP, ARAC and BRAC</U>. The Administrative Agent shall have received, with a copy for each
<FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser, each CP Conduit Purchaser and the Funding Agent and the APA Banks with respect to such CP Conduit Purchaser, from ABRCF, the Administrator, the Permitted Nominees, AESOP Leasing, AESOP
Leasing II, Original AESOP, ARAC, ABCR and BRAC true and complete copies of: </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:9%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(i) to the extent applicable, the certificate
of incorporation or certificate of formation, including all amendments thereto, of such Person, certified as of a recent date by the Secretary of State or other appropriate authority of the state of incorporation or organization, as the case may be,
and a certificate of compliance, of status or of good standing, as and to the extent applicable, of each such Person as of a recent date, from the Secretary of State or other appropriate authority of such jurisdiction; </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:9%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(ii) a certificate of the Secretary or an Assistant Secretary of such Person, dated on or prior to the A&amp;R Effective Date
and certifying (A)&nbsp;that attached thereto is a true and complete copy of the bylaws, limited liability company agreement or partnership agreement of such Person, as the case may be, as in effect on the A&amp;R Effective Date and at all times
since a date prior to the date of the resolutions described in clause (B)&nbsp;below, (B) that, to the extent applicable, attached thereto is a true and complete copy of the resolutions, in form and substance reasonably satisfactory to each Funding
Agent, of the Board of Directors or Managers of such Person or committees thereof authorizing the execution, delivery and performance of the A&amp;R Documents to which it is a party and the transactions contemplated thereby, and that such
resolutions have not been amended, modified, revoked or rescinded and are in full force and effect, (C)&nbsp;that the certificate of incorporation or certificate of formation of such Person </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">100 </P>

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has not been amended since the date of the last amendment thereto shown on the certificate of good standing (or its equivalent) furnished pursuant to clause (i)&nbsp;above and (D)&nbsp;as to the
incumbency and specimen signature of each officer or authorized signatory executing any A&amp;R Documents or any other document delivered in connection herewith or therewith on behalf of such Person; and </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:9%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(iii) a certificate of another officer as to the incumbency and specimen signature of the Secretary or Assistant Secretary
executing any certificate pursuant to clause (ii)&nbsp;above that requires the certification set forth in clause&nbsp;(ii)(D) above. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:5%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(c) <U>Representations and Warranties</U>. All representations and warranties of each of ABRCF, ABCR, AESOP Leasing, AESOP
Leasing II, Original AESOP, each of the Permitted Nominees, each of the Lessees, each of the Permitted Sublessees and the Intermediary contained in each of the Related Documents shall be true and correct as of the A&amp;R Effective Date. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:5%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(d) <U>No Amortization Event, Potential Amortization Event or AESOP I Operating Lease Vehicle Deficiency</U>. No Amortization
Event or Potential Amortization Event in respect of the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Notes or any other Series of Notes shall exist and no AESOP I Operating Lease Vehicle Deficiency shall exist as of the A&amp;R Effective
Date. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:5%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(e) <U>Fees and Expenses</U>. Each <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser and each Funding
Agent with respect to its Related Purchaser Group, the Administrative Agent and the Trustee shall have received payment of all fees, <FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">out-of-pocket</FONT></FONT> expenses and other
amounts due and payable to such Purchaser Group, the Administrative Agent or the Trustee, as applicable, on or before the A&amp;R Effective Date. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:5%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(f) <U>Rating Letters</U>. Each <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser and each Funding Agent shall have
received a copy of a letter, in form and substance satisfactory to such <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser or Funding Agent, from DBRS stating that the long-term rating of at least &#147;A&#148; has been assigned by DBRS
to the Class&nbsp;A Notes. Each <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser and each Funding Agent shall have received a copy of a letter, in form and substance satisfactory to such
<FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser and Funding Agent, from DBRS, and ABRCF and the Trustee shall have received a copy of a letter from Moody&#146;s and Fitch, in each case stating that the amendment and restatement of the
Third A&amp;R Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Supplement by this Supplement will not result in a reduction or withdrawal of the rating (in effect immediately before the effectiveness of this Supplement) of any outstanding
Series of Notes with respect to which it is a Rating Agency. Each Funding Agent shall have received a letter, in form and substance satisfactory to such Funding Agent, from each of Moody&#146;s, Standard&nbsp;&amp; Poor&#146;s and/or Fitch, as
applicable, confirming the commercial paper rating of the related CP Conduit Purchaser after the effectiveness of this Supplement. Any fees of Moody&#146;s, Standard&nbsp;&amp; Poor&#146;s, Fitch and the Rating Agencies in connection with the
delivery of such letters shall have been paid by or on behalf of ABRCF. </P>
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 <P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:5%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(g) <U>Notes</U>. ABRCF shall have issued and directed the Trustee to
authenticate, and the Trustee shall have authenticated, (1)&nbsp;a Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Note in the name of the Funding Agent with respect to the Natixis Purchaser Group in an amount equal to the Maximum Purchaser
Group Invested Amount with respect to such Purchaser Group and (2)&nbsp;a Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Note in the name of the Funding Agent with respect to each other Purchaser Group whose Maximum Purchaser Group Invested
Amount is changing on the A&amp;R Effective Date, in an amount equal to the Maximum Purchaser Group Invested Amount with respect to each such Purchaser Group, and shall have delivered such Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Notes
to such applicable Purchasers. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:5%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(h) <U>Certificates and Opinions</U>. All certificates and opinions of counsel required
under the Base Indenture or reasonably requested by the Trustee or the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Noteholders shall have been delivered to the Trustee and to the Series <FONT STYLE="white-space:nowrap">2010-6</FONT>
Noteholders, as applicable. </P> <P STYLE="margin-top:24pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>ARTICLE VII </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>CHANGE IN CIRCUMSTANCES </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;7.1. Increased Costs. (a)&nbsp;If any Change in Law (except with respect to Taxes which shall be governed by Section&nbsp;7.2)
shall: </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:5%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(i) impose, modify or deem applicable any reserve, special deposit or similar requirement against assets of,
deposits with or for the account of, or credit extended by, any Affected Party (except any such reserve requirement reflected in the Adjusted LIBO Rate); or </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:5%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(ii) impose on any Affected Party or the London interbank market any other condition affecting the Indenture or the Related
Documents or the funding of Eurodollar Tranches by such Affected Party; </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">and the result of any of the foregoing shall be to increase the cost to such
Affected Party of making, converting into, continuing or maintaining Eurodollar Tranches (or maintaining its obligation to do so) or to reduce any amount received or receivable by such Affected Party hereunder or in connection herewith (whether
principal, interest or otherwise), then ABRCF will pay to such Affected Party such additional amount or amounts as will compensate such Affected Party for such additional costs incurred or reduction suffered. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(b) If any Affected Party determines that any Change in Law regarding capital requirements has or would have the effect of reducing the rate
of return on such Affected Party&#146;s capital or the capital of any corporation controlling such Affected Party as a consequence of its obligations hereunder to a level below that which such Affected Party or such corporation could have achieved
but for such Change in Law (taking into consideration such Affected Party&#146;s or such corporation&#146;s policies with respect to capital adequacy), then from time to time, ABRCF shall pay to such Affected Party such additional amount or amounts
as will compensate such Affected Party for any such reduction suffered. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">102 </P>

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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(c) A certificate of an Affected Party setting forth the amount or amounts necessary to
compensate such Affected Party as specified in subsections (a)&nbsp;and (b) of this Section&nbsp;7.1 shall be delivered to ABRCF (with a copy to the Administrative Agent and the Funding Agent, if any, with respect to such Affected Party) and shall
be conclusive absent manifest error. Any payments made by ABRCF pursuant to this Section&nbsp;7.1 shall be made solely from funds available in the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Distribution Account for the payment of Article
VII Costs, shall be <FONT STYLE="white-space:nowrap">non-recourse</FONT> other than with respect to such funds, and shall not constitute a claim against ABRCF to the extent that insufficient funds exist to make such payment. The agreements in this
Section&nbsp;7.1 shall survive the termination of this Supplement and the Base Indenture and the payment of all amounts payable hereunder and thereunder. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(d) Failure or delay on the part of an Affected Party to demand compensation pursuant to this Section&nbsp;7.1 shall not constitute a waiver
of such Affected Party&#146;s right to demand such compensation; <U>provided</U> that ABRCF shall not be required to compensate any Affected Party pursuant to this Section&nbsp;7.1 for any increased costs or reductions incurred more than 270 days
prior to the date that such Affected Party notifies ABRCF of such Affected Party&#146;s intention to claim compensation under this Section&nbsp;7.1; <U>provided</U>, <U>further</U>, that, if the Change in Law giving rise to such increased costs or
reductions is retroactive, then the <FONT STYLE="white-space:nowrap">270-day</FONT> period referred to above shall be extended to include the period of retroactive effect thereof. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(e) ABRCF acknowledges that any Affected Party may institute measures in anticipation of a Change in Law, and may commence allocating charges
to or seeking compensation from ABRCF under this Section&nbsp;7.1, in advance of the effective date of such Change in Law and ABRCF agrees to pay such charges or compensation to the applicable Affected Party following demand therefor in accordance
with the terms of this Section&nbsp;7.1 without regard to whether such effective date has occurred. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;7.2. Taxes. (a)&nbsp;Any
and all payments by or on account of any obligation of ABRCF hereunder shall be made free and clear of and without deduction for any Indemnified Taxes or Other Taxes; <U>provided</U> that if ABRCF shall be required to deduct any Indemnified Taxes or
Other Taxes from such payments, then (i)&nbsp;subject to Section&nbsp;7.2(c) below, the sum payable shall be increased as necessary so that after making all required deductions (including deductions applicable to additional sums payable under this
Section&nbsp;7.2) the recipient receives an amount equal to the sum that it would have received had no such deductions been made, (ii)&nbsp;ABRCF shall make such deductions and (iii)&nbsp;ABRCF shall pay the full amount deducted to the relevant
Governmental Authority in accordance with applicable law. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(b) In addition, ABRCF shall pay any Other Taxes to the relevant Governmental
Authority in accordance with applicable law. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(c) ABRCF shall indemnify the Administrative Agent, each
<FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser, each Funding Agent, each Program Support Provider and each member of each CP Conduit Purchaser Group within the later of 10 days after written demand therefor and the Distribution Date
next following such demand for the full amount of any Indemnified Taxes or Other Taxes paid by the Administrative Agent, such <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser, such Funding Agent, such Program Support Provider or such
member of such CP Conduit Purchaser Group on or with respect to any payment by or on account of any obligation of ABRCF hereunder or under </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">103 </P>

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the Indenture (including Indemnified Taxes or Other Taxes imposed or asserted on or attributable to amounts payable under this Section&nbsp;7.2) and any penalties, interest and reasonable
expenses arising therefrom or with respect thereto, whether or not such Indemnified Taxes or Other Taxes were correctly or legally imposed or asserted by the relevant Governmental Authority; <U>provided</U> that no Person shall be indemnified
pursuant to this Section&nbsp;7.2(c) or entitled to receive additional amounts under the proviso of Section&nbsp;7.2(a) to the extent that the reason for such indemnification results from the failure by such Person to comply with the provisions of
Section&nbsp;7.2(e) or (g). A certificate as to the amount of such payment or liability delivered to ABRCF by the Administrative Agent, any <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser, any Funding Agent, any Program Support
Provider or any member of any CP Conduit Purchaser Group shall be conclusive absent manifest error. Any payments made by ABRCF pursuant to this Section&nbsp;7.2 shall be made solely from funds available in the Series
<FONT STYLE="white-space:nowrap">2010-6</FONT> Distribution Account for the payment of Article VII Costs, shall be <FONT STYLE="white-space:nowrap">non-recourse</FONT> other than with respect to such funds, and shall not constitute a claim against
ABRCF to the extent that insufficient funds exist to make such payment. The agreements in this Section shall survive the termination of this Supplement and the Base Indenture and the payment of all amounts payable hereunder and thereunder. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(d) As soon as practicable after any payment of Indemnified Taxes or Other Taxes by ABRCF to a Governmental Authority, ABRCF shall deliver to
the Administrative Agent the original or a certified copy of a receipt issued by such Governmental Authority evidencing such payment, a copy of the return reporting such payment or other evidence of such payment reasonably satisfactory to the
Administrative Agent. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(e) The Administrative Agent, each <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser, each Funding
Agent, each member of each CP Conduit Purchaser Group and each Program Support Provider, if entitled to an exemption from or reduction of an Indemnified Tax or Other Tax with respect to payments made hereunder or under the Indenture shall (to the
extent legally able to do so) deliver to ABRCF (with a copy to the Administrative Agent) such properly completed and executed documentation prescribed by applicable law and reasonably requested by ABRCF on the later of (i) 30 Business Days after
such request is made and the applicable forms are provided to the Administrative Agent, such <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser, such Funding Agent, such member of such CP Conduit Purchaser Group or such Program Support
Provider or (ii)&nbsp;thirty (30) Business Days before prescribed by applicable law as will permit such payments to be made without withholding or with an exemption from or reduction of Indemnified Taxes or Other Taxes. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(f) If the Administrative Agent, any <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser, any Funding Agent, any Program Support
Provider or any member of any CP Conduit Purchaser Group receives a refund solely in respect of Indemnified Taxes or Other Taxes, it shall pay over such refund to ABRCF to the extent that it has already received indemnity payments or additional
amounts pursuant to this Section&nbsp;7.2 with respect to such Indemnified Taxes or Other Taxes giving rise to the refund, net of all <FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">out-of-pocket</FONT></FONT> expenses and without
interest (other than interest paid by the relevant Governmental Authority with respect to such refund); <U>provided</U>, <U>however</U>, that ABRCF shall, upon request of the Administrative Agent, such
<FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser, such Funding Agent, such Program Support Provider or such member of such CP Conduit Purchaser Group, repay such refund (plus interest or other charges imposed by the relevant
Governmental Authority) to the Administrative Agent, such <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser, such Funding Agent, such Program Support Provider or such member of such CP Conduit
</P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">104 </P>

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Purchaser Group if the Administrative Agent, such <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser, such Funding Agent, such Program Support Provider or such member of such CP
Conduit Purchaser Group is required to repay such refund to such Governmental Authority. Nothing contained herein shall require the Administrative Agent, any <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser, any Funding Agent, any
Program Support Provider or any member of any CP Conduit Purchaser Group to make its tax returns (or any other information relating to its taxes which it deems confidential) available to ABRCF or any other Person. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(g) The Administrative Agent, each <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser, each Funding Agent, each Program Support
Provider and each member of each CP Conduit Purchaser Group (other than any such entity which is a domestic corporation) shall: </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:5%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(i) upon or prior to becoming a party hereto, deliver to ABRCF and the Administrative Agent two (2)&nbsp;duly completed copies
of IRS Form <FONT STYLE="white-space:nowrap">W-8BEN,</FONT> <FONT STYLE="white-space:nowrap">W-8ECI</FONT> or <FONT STYLE="white-space:nowrap">W-9,</FONT> or successor applicable forms, as the case may be, establishing a complete exemption from
withholding of United States federal income taxes or backup withholding taxes with respect to payments under the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Notes and this Supplement; </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:5%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(ii) deliver to ABRCF and the Administrative Agent two (2)&nbsp;further copies of any such form or certification establishing a
complete exemption from withholding of United States federal income taxes or backup withholding taxes with respect to payments under the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Notes and this Supplement on or before the date that any
such form or certification expires or becomes obsolete and after the occurrence of any event requiring a change in the most recent form previously delivered by it to ABRCF; and </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:5%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(iii) obtain such extensions of time for filing and completing such forms or certifications as may reasonably be requested by
ABRCF and the Administrative Agent; </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">unless, in any such case, any change in treaty, law or regulation has occurred after the Series <FONT
STYLE="white-space:nowrap">2010-6</FONT> Closing Date (or, if later, the date the Administrative Agent, such <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser, such Funding Agent, such Program Support Provider or such member of such CP
Conduit Purchaser Group becomes an indemnified party hereunder) and prior to the date on which any such delivery would otherwise be required which renders the relevant form inapplicable or which would prevent the Administrative Agent, such <FONT
STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser, such Funding Agent, such Program Support Provider or such member of such CP Conduit Purchaser Group from duly completing and delivering the relevant form with respect to it, and the
Administrative Agent, such <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser, such Funding Agent, such Program Support Provider or such member of such CP Conduit Purchaser Group so advises ABRCF and the Administrative Agent. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(h) If a beneficial or equity owner of the Administrative Agent, a <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser, a Funding
Agent, a Program Support Provider or a member of a CP Conduit Purchaser Group (instead of the Administrative Agent, the <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser, the Funding Agent, the Program Support Provider or the member of
the CP Conduit Purchaser Group itself) is required under United States federal income tax law or the terms of a relevant treaty to provide IRS Form <FONT STYLE="white-space:nowrap">W-8BEN,</FONT> <FONT STYLE="white-space:nowrap">W-8ECI</FONT> or <FONT
STYLE="white-space:nowrap">W-9,</FONT> or any successor applicable forms, as the case may be, in order to claim an exemption from withholding of United States federal income taxes or backup withholding taxes, then each such beneficial owner or
equity owner shall be considered to be the Administrative Agent, a <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser, a Funding Agent, a Program Support Provider or a member of a CP Conduit Purchaser Group for purposes of
Section&nbsp;7.2(g). </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">105 </P>

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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(i) If a payment made to a recipient would be subject to U.S. Federal withholding tax
imposed by FATCA if such recipient were to fail to comply with the applicable reporting requirements of FATCA (including those contained in Section&nbsp;1471(b) or 1472(b) of the Code, as applicable), such recipient shall deliver to the payor at the
time or times prescribed by law and at such time or times reasonably requested by the payor such documentation prescribed by applicable law (including as prescribed by Section&nbsp;1471(b)(3)(C)(i) of the Code and any agreements entered into
pursuant to Section&nbsp;1471(b)(1) of the Code) and such additional documentation as reasonable requested by the payor as may be necessary for the payor to determine that such recipient has complied with such recipient&#146;s obligations under
FATCA and that such recipient is not subject to any such withholding. Notwithstanding any other provision herein, if ABRCF or the Administrative Agent is required to withhold taxes under FATCA, ABRCF and the Administrative Agent shall be authorized
to deduct from payments to be made to the applicable recipient amounts representing taxes payable by such recipient under FATCA, as determined in the sole discretion of ABRCF or the Administrative Agent, and to remit such amounts to the applicable
governmental authorities. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;7.3. Break Funding Payments. ABRCF agrees to indemnify each Purchaser Group and to hold each
Purchaser Group harmless from any loss or expense which such Purchaser Group may sustain or incur as a consequence of (a)&nbsp;the failure by ABRCF to accept any Increase after ABRCF has given irrevocable notice requesting the same in accordance
with the provisions of this Supplement, (b)&nbsp;the conversion into or continuation of a CP Tranche or a Eurodollar Tranche that occurs other than on the last day of the applicable CP Rate Period or Eurodollar Period, (c)&nbsp;default by ABRCF in
making any prepayment in connection with a Decrease after ABRCF has given irrevocable notice thereof in accordance with the provisions of Section&nbsp;2.5 or (d)&nbsp;the making of a repayment of any portion of the Purchaser Group Invested Amount
with respect to such Purchaser Group (including, without limitation, any Decrease) prior to the termination of a CP Rate Period for a CP Tranche or a Eurodollar Period for a Eurodollar Tranche or on a date other than a Distribution Date or the date
contained in a notice of Decrease, or the making of a Decrease in a greater amount than contained in any notice of a Decrease. Such indemnification shall include an amount determined by the <FONT STYLE="white-space:nowrap">Non-Conduit</FONT>
Purchaser or the Funding Agent with respect to its Related Purchaser Group and shall equal (a)&nbsp;in the case of the losses or expenses associated with a CP Tranche or a Eurodollar Tranche, either (x)&nbsp;the excess, if any, of (i)&nbsp;such
Related Purchaser Group&#146;s cost of funding the amount so paid or not so borrowed, converted or continued, for the period from the date of such payment or of such failure to borrow, convert or continue to the last day of the CP Rate Period or the
Eurodollar Period or applicable Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Interest Period (or in the case of a failure to borrow, convert or continue, the CP Rate Period or the Eurodollar Period that would have commenced on the date of
such prepayment or of such failure), as the case may be, over (ii)&nbsp;the amount of interest earned by such Related Purchaser Group upon redeployment of an amount of funds equal to the amount prepaid or not borrowed, converted or continued for a
comparable period or (y)&nbsp;if such Related Purchaser Group is able to terminate the funding source before its scheduled maturity, any costs associated with such termination and (b)&nbsp;in the case of the losses or expenses incurred by a
Non-Conduit </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">106 </P>

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Purchaser, LIBOR Funding CP Conduit Purchaser or Pooled Funding CP Conduit Purchaser, the losses and expenses incurred by such <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser, LIBOR
Funding CP Conduit Purchaser or Pooled Funding CP Conduit Purchaser in connection with the liquidation or reemployment of deposits or other funds acquired by such <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser, LIBOR Funding CP
Conduit Purchaser or Pooled Funding CP Conduit Purchaser as a result of the failure to accept an Increase, a default in the making of a Decrease or the making of a Decrease in an amount or on a date not contained in a notice of a Decrease.
Notwithstanding the foregoing, any payments made by ABRCF pursuant to this subsection shall be made solely from funds available in the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Distribution Account for the payment of Article VII Costs,
shall be <FONT STYLE="white-space:nowrap">non-recourse</FONT> other than with respect to such funds, and shall not constitute a claim against ABRCF to the extent that such funds are insufficient to make such payment. This covenant shall survive the
termination of this Supplement and the Base Indenture and the payment of all amounts payable hereunder and thereunder. A certificate as to any additional amounts payable pursuant to the foregoing sentence submitted by any <FONT
STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser or Funding Agent on behalf of its Related Purchaser Group to ABRCF shall be conclusive absent manifest error. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;7.4. Alternate Rate of Interest. (a)&nbsp;Subject to clauses (b), (c), (d), (e) and (f)&nbsp;of this Section&nbsp;7.4, if prior
to the commencement of any Eurodollar Period: </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:5%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(i) the Administrative Agent determines (which determination shall be
conclusive absent manifest error) that adequate and reasonable means do not exist for ascertaining the Adjusted LIBO Rate (including because the LIBO Screen Rate is not available or published on a current basis) for such Eurodollar Period;
<U>provided</U> that no Benchmark Transition Event shall have occurred at such time, or </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:5%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(ii) the Administrative Agent is
advised by any APA Bank that the Adjusted LIBO Rate for such Eurodollar Period will not adequately and fairly reflect the cost to such APA Bank of making or maintaining the Eurodollar Tranches during such Eurodollar Period, </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">then the Administrative Agent shall give notice thereof to ABRCF and the Trustee by telephone, telecopy or electronic mail as promptly as practicable
thereafter and, until the Administrative Agent notifies ABRCF and the Trustee that the circumstances giving rise to such notice no longer exist, the Available APA Bank Funding Amount with respect to any CP Conduit Purchaser Group (in the case of
clause (i)&nbsp;above) or with respect to the related CP Conduit Purchaser Group (in the case of clause (ii)&nbsp;above) shall not be allocated to any Eurodollar Tranche. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(b) Notwithstanding anything to the contrary herein or in any other Related Document, if a Benchmark Transition Event or an Early <FONT
STYLE="white-space:nowrap">Opt-in</FONT> Election, as applicable, and its related Benchmark Replacement Date have occurred prior to the Reference Time in respect of any setting of the then-current Benchmark, then (x)&nbsp;if a Benchmark Replacement
is determined in accordance with clause (1)&nbsp;or (2) of the definition of &#147;Benchmark Replacement&#148; for such Benchmark Replacement Date, such Benchmark Replacement will replace such Benchmark for all purposes hereunder and under any
Related Document in respect of such Benchmark setting and subsequent Benchmark settings without any amendment to, or further action or consent of </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">107 </P>

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any other party to, this Supplement and (y)&nbsp;if a Benchmark Replacement is determined in accordance with clause (3)&nbsp;of the definition of &#147;Benchmark Replacement&#148; for such
Benchmark Replacement Date, such Benchmark Replacement will replace such Benchmark for all purposes hereunder and under any Related Document in respect of any Benchmark setting at or after 5:00 p.m. (New York City time) on the fifth (5th) Business
Day after the date notice of such Benchmark Replacement is provided to the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Noteholders without any amendment to, or further action or consent of any other party to, this Supplement so long as the
Administrative Agent has not received, by such time, written notice of objection to such Benchmark Replacement from Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Noteholders comprising the Requisite Noteholders. For the avoidance of doubt:
(a)&nbsp;in no event shall the Trustee be responsible for (i)&nbsp;determining whether a Benchmark Transition Event, Term SOFR Transition Event or an Early <FONT STYLE="white-space:nowrap">Opt-in</FONT> Election has occurred or for determining the
replacement for the Benchmark with a Benchmark Replacement and (b)&nbsp;in connection with any of the matters referenced in clause (a)&nbsp;of this sentence, the Trustee shall be entitled to conclusively rely on any determinations made by the
Administrative Agent or ABRCF in regards to such matters and shall have no liability for such actions taken at the direction of either the Administrative Agent or ABRCF. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(c) Notwithstanding anything to the contrary herein or in any other Related Document and subject to the proviso below in this paragraph, if a
Term SOFR Transition Event and its related Benchmark Replacement Date have occurred prior to the Reference Time in respect of any setting of the then-current Benchmark, then the applicable Benchmark Replacement will replace the then-current
Benchmark for all purposes hereunder or under any Related Document in respect of such Benchmark setting and subsequent Benchmark settings, without any amendment to, or further action or consent of any other party to, this Supplement or any other
Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Document; <U>provided</U> that, this clause (c)&nbsp;shall not be effective unless the Administrative Agent has delivered to the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Noteholders
and ABRCF a Term SOFR Notice. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(d) In connection with the implementation of a Benchmark Replacement, the Administrative Agent will have
the right to make Benchmark Replacement Conforming Changes from time to time and, notwithstanding anything to the contrary herein or in any other Related Document, any amendments implementing such Benchmark Replacement Conforming Changes will become
effective without any further action or consent of any other party to this Supplement. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(e) The Administrative Agent will promptly notify
ABRCF, the Trustee and each Purchaser Group of (i)&nbsp;any occurrence of a Benchmark Transition Event, a Term SOFR Transition Event or an Early <FONT STYLE="white-space:nowrap">Opt-in</FONT> Election, as applicable, (ii)&nbsp;the implementation of
any Benchmark Replacement, (iii)&nbsp;the effectiveness of any Benchmark Replacement Conforming Changes, (iv)&nbsp;the removal or reinstatement of any tenor of a Benchmark pursuant to clause (f)&nbsp;below and (v)&nbsp;the commencement or conclusion
of any Benchmark Unavailability Period. Any determination, decision or election that may be made by the Administrative Agent or Purchaser Groups pursuant to this Section&nbsp;7.4, including any determination with respect to a tenor, rate or
adjustment or of the occurrence or <FONT STYLE="white-space:nowrap">non-occurrence</FONT> of an event, circumstance or date and any decision to take or refrain from taking any action or any selection, will be conclusive and binding absent manifest
error and may be made in its or their sole discretion and without consent from any other party to this Supplement or any other Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Document, except, in each case, as expressly required pursuant to
this Section&nbsp;7.4. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">108 </P>

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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(f) Notwithstanding anything to the contrary herein or in any other Related Document, at any
time (including in connection with the implementation of a Benchmark Replacement), (i) if the then-current Benchmark is a term rate (including Term SOFR or LIBO Rate) and either (A)&nbsp;any tenor for such Benchmark is not displayed on a screen or
other information service that publishes such rate from time to time as selected by the Administrative Agent in its reasonable discretion or (B)&nbsp;the regulatory supervisor for the administrator of such Benchmark has provided a public statement
or publication of information announcing that any tenor for such Benchmark is or will be no longer representative, then the Administrative Agent may modify the definition of &#147;Eurodollar Period&#148;, &#147;Series
<FONT STYLE="white-space:nowrap">2010-6</FONT> Interest Period&#148; or &#147;LIBO Rate&#148; for any Benchmark settings at or after such time to remove such unavailable or <FONT STYLE="white-space:nowrap">non-representative</FONT> tenor and
(ii)&nbsp;if a tenor that was removed pursuant to clause (i)&nbsp;above either (A)&nbsp;is subsequently displayed on a screen or information service for a Benchmark (including a Benchmark Replacement) or (B)&nbsp;is not, or is no longer, subject to
an announcement that it is or will no longer be representative for a Benchmark (including a Benchmark Replacement), then the Administrative Agent may modify the definition of &#147;Eurodollar Period&#148; , &#147;Series <FONT
STYLE="white-space:nowrap">2010-6</FONT> Interest Period&#148; or &#147;LIBO Rate&#148; for all Benchmark settings at or after such time to reinstate such previously removed tenor. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(g) Upon ABRCF&#146;s receipt of notice of the commencement of a Benchmark Unavailability Period, the Available APA Bank Funding Amount with
respect to any CP Conduit Purchaser Group shall not be allocated to any Eurodollar Tranche. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(h) The interest rate with respect to
(i)&nbsp;the Eurodollar Tranches, (ii)&nbsp;the CP Conduit Funded Amount with respect to any LIBOR Funding CP Conduit Purchaser and (iii)&nbsp;in some cases, the Purchaser Group Invested Amount with respect to any
<FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser Group is determined by reference to the LIBO Rate, which is derived from the London interbank offered rate (&#147;<U>LIBOR</U>&#148;). LIBOR is intended to represent the rate at which
contributing banks may obtain short-term borrowings from each other in the London interbank market. On March&nbsp;5, 2021, the U.K. Financial Conduct Authority (&#147;<U>FCA</U>&#148;) publicly announced that: (a)&nbsp;immediately after
December&nbsp;31, 2021, publication of the <FONT STYLE="white-space:nowrap">1-week</FONT> and <FONT STYLE="white-space:nowrap">2-month</FONT> U.S.&nbsp;Dollar LIBOR settings will permanently cease; immediately after June&nbsp;30, 2023, publication
of the overnight and <FONT STYLE="white-space:nowrap">12-month</FONT> U.S.&nbsp;Dollar LIBOR settings will permanently cease; and immediately after June&nbsp;30, 2023, the <FONT STYLE="white-space:nowrap">1-month,</FONT> <FONT
STYLE="white-space:nowrap">3-month</FONT> and <FONT STYLE="white-space:nowrap">6-month</FONT> U.S.&nbsp;Dollar LIBOR settings will cease to be provided or, subject to the FCA&#146;s consideration of the case, be provided on a synthetic basis and no
longer be representative of the underlying market and economic reality they are intended to measure and that representativeness will not be restored. There is no assurance that dates announced by the FCA will not change or that the administrator of
LIBOR and/or regulators will not take further action that could impact the availability, composition, or characteristics of LIBOR or the currencies and/or tenors for which LIBOR is published. Each party to this Supplement should consult its own
advisors to stay informed of any such developments. Public and private sector industry initiatives are currently underway to identify new or alternative reference rates to be used in place of LIBOR. Upon the occurrence of a Benchmark Transition
Event, a Term SOFR Transition Event or an Early <FONT STYLE="white-space:nowrap">Opt-in</FONT> Election, Section&nbsp;7.4(b) and (c)&nbsp;provide the mechanism for determining an alternative rate of interest. The Administrative Agent
</P>
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will promptly notify ABRCF, the Trustee and each Purchaser Group pursuant to Section&nbsp;7.4(e), of any change to the reference rate upon which the interest rate on the portions of the Series <FONT
STYLE="white-space:nowrap">2010-6</FONT> Invested Amount listed above is based. However, the Administrative Agent does not warrant or accept any responsibility for, and shall not have any liability with respect to, the administration, submission,
performance or any other matter related to LIBOR or other rates in the definition of &#147;LIBO Rate&#148; or with respect to any alternative or successor rate thereto, or replacement rate thereof (including, without limitation, (i)&nbsp;any such
alternative, successor or replacement rate implemented pursuant to Section&nbsp;7.4(b) or (c), whether upon the occurrence of a Benchmark Transition Event, a Term SOFR Transition Event or an Early <FONT STYLE="white-space:nowrap">Opt-in</FONT>
Election, and (ii)&nbsp;the implementation of any Benchmark Replacement Conforming Changes pursuant to Section&nbsp;7.4(d)), including without limitation, whether the composition or characteristics of any such alternative, successor or replacement
reference rate will be similar to, or produce the same value or economic equivalence of, the LIBO Rate or have the same volume or liquidity as did the London interbank offered rate prior to its discontinuance or unavailability. The Administrative
Agent and its affiliates and/or other related entities may engage in transactions that affect the calculation of any successor or alternative rate (including any Benchmark Replacement) and/or any relevant adjustments thereto, in each case, in a
manner adverse to ABRCF. The Administrative Agent may select information sources or services in its reasonable discretion to ascertain any Benchmark or any component thereof, in each case pursuant to the terms of this Agreement, and shall have no
liability to ABRCF, any Purchaser Group or any other person or entity for damages of any kind, including direct or indirect, special, punitive, incidental or consequential damages, costs, losses or expenses (whether in tort, contract or otherwise
and whether at law or in equity), for any error or calculation of any such rate (or component thereof) provided by any such information source or service. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;7.5. Mitigation Obligations. If an Affected Party requests compensation under Section&nbsp;7.1, or if ABRCF is required to pay
any additional amount to any Purchaser Group or any Governmental Authority for the account of any Purchaser Group pursuant to Section&nbsp;7.2, then, upon written notice from ABRCF, such Affected Party or Purchaser Group, as the case may be, shall
use commercially reasonable efforts to designate a different lending office for funding or booking its obligations hereunder or to assign its rights and obligations hereunder to another of its offices, branches or affiliates, which pays a price for
such assignment which is acceptable to such Purchaser Group and its assignee, in the judgment of such Affected Party or Purchaser Group, such designation or assignment (i)&nbsp;would eliminate or reduce amounts payable pursuant to Section&nbsp;7.1
or 7.2, as the case may be, in the future and (ii)&nbsp;would not subject such Affected Party or Purchaser Group to any unreimbursed cost or expense and would not otherwise be disadvantageous to such Affected Party or Purchaser Group. ABRCF hereby
agrees to pay all reasonable costs and expenses incurred by such Affected Party or Purchaser Group in connection with any such designation or assignment. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>ARTICLE VIII </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>REPRESENTATIONS AND WARRANTIES, COVENANTS </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;8.1. Representations and Warranties of ABRCF and the Administrator (a)&nbsp;ABRCF and the Administrator each hereby represents
and warrants to the Trustee, the Administrative Agent, each Funding Agent, each CP Conduit Purchaser, each Committed Note Purchaser, each APA Bank and each <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser that: </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">110 </P>

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 <P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:5%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(i) each and every of their respective representations and warranties
contained in the Related Documents is true and correct as of the A&amp;R Effective Date and true and correct in all material respects (other than any such representation or warranty that is qualified by materiality, which shall be true and correct)
as of the date of each Increase; and </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:5%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(ii) as of the A&amp;R Effective Date, they have not engaged, in connection with the
offering of the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Notes, in any form of general solicitation or general advertising within the meaning of Rule 502(c) under the Securities Act. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(b) ABRCF hereby represents and warrants to the Trustee, the Administrative Agent, each Funding Agent, each CP Conduit Purchaser, each
Committed Note Purchaser, each APA Bank and each <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser that each of the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Notes has been duly authorized and executed by ABRCF and when duly
authenticated by the Trustee and delivered to the Funding Agents in accordance with the terms of this Supplement will constitute legal, valid and binding obligations of ABRCF enforceable in accordance with their terms, except as enforceability
thereof may be limited by bankruptcy, insolvency, or other similar laws relating to or affecting generally the enforcement of creditors&#146; rights or by general equitable principles. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(c) The Administrator hereby represents and warrants to the Trustee, the Administrative Agent, each
<FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser, each Committed Note Purchaser, each Funding Agent, each CP Conduit Purchaser and each APA Bank, as of the A&amp;R Effective Date, as of each Increase Date and as of the date of delivery
of each Monthly Noteholders Statement that (i)&nbsp;as an &#147;originator&#148; for purposes of the Securitisation Regulations, it continues to hold the Retained Interest on such date in accordance with Section&nbsp;8.2(n), (ii) it has not sold or
subjected the Retained Interest to any credit risk mitigation or any short positions or any other hedge, or transferred or otherwise surrendered all or part of its rights, benefits or obligations arising from or associated with the Retained
Interest, in a manner which would be contrary to the Securitisation Regulations and (iii)&nbsp;it (A) was not established for, and does not operate for, the sole purpose of securitizing exposures, (B)&nbsp;has, and shall continue to invest in and
hold assets, securities and other investments excluding the Retained Interest, and (C)&nbsp;has, and shall continue to have, the capacity to meet its general payment and other obligations and absorb credit loss through resources other than the
Retained Interest. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(d) ABRCF hereby represents and warrants to the Trustee, the Administrative Agent, each Funding Agent, each CP Conduit
Purchaser, each APA Bank and each <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser that ABRCF (i)&nbsp;is not deemed to be an &#147;investment company&#148; within the meaning of the Investment Company Act pursuant to Rule <FONT
STYLE="white-space:nowrap">3a-7</FONT> promulgated under the Investment Company Act and (ii)&nbsp;is not a &#147;covered fund&#148; as defined in the Volcker Rule. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(e) The Administrator hereby represents and warrants to the Trustee, the Administrative Agent, each Funding Agent, each CP Conduit Purchaser,
each Committed Note Purchaser, each APA Bank and each <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser that it has implemented and maintains in effect policies and procedures designed to ensure compliance by the Administrator,
</P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">111 </P>

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its Subsidiaries and their respective directors, officers, employees and agents with Anti-Corruption Laws and applicable Sanctions, and the Administrator, its Subsidiaries and their respective
officers and directors and to the knowledge of the Administrator its employees and agents, are in compliance with Anti-Corruption Laws and applicable Sanctions in all material respects and are not knowingly engaged in any activity that would
reasonably be expected to result in the Administrator or any of its Subsidiaries being designated as a Sanctioned Person. None of the Administrator, any Subsidiary or any of their respective directors, officers or employees is a Sanctioned Person.
No use of proceeds of any Increase will directly or, knowingly, indirectly violate Anti-Corruption Laws or applicable Sanctions. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(f) The
Administrator hereby represents and warrants to the Trustee, the Administrative Agent, each Funding Agent, each CP Conduit Purchaser, each APA Bank, each Committed Note Purchaser and each <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser
that it is a &#147;sponsor&#148; (as such term is defined in the U.S. Risk Retention Rules) in connection with the transactions contemplated by this Supplement and the applicable Related Documents and has complied with all requirements imposed on a
&#147;sponsor&#148; of a &#147;securitization transaction&#148; (as each such term is defined in the U.S. Risk Retention Rules) in accordance with the provisions of the U.S. Risk Retention Rules in connection with the transactions contemplated by
this Supplement. On the A&amp;R Effective Date, the Administrator will hold, either directly or through a &#147;majority-owned affiliate&#148; (as such term is defined in the U.S. Risk Retention Rules), an &#147;eligible horizontal residual
interest&#148; (as such term is defined in the U.S. Risk Retention Rules) with respect to the transactions contemplated by Supplement in an amount equal to at least 5% of the fair value of all the &#147;ABS interests&#148; (as such term is defined
in the U.S. Risk Retention Rules) issued by ABRCF as part of the transactions contemplated by the Supplement, determined as of the A&amp;R Effective Date using a fair value measurement framework under United States generally accepted accounting
principles (such interest, the &#147;<U>Retained Interest</U>&#148;). The Administrator has determined such fair value of the Retained Interest based on its own valuation methodology, inputs and assumptions in accordance with and as required by the
U.S. Risk Retention Rules and is solely responsible therefor. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(g) ABRCF hereby represents and warrants to the Trustee, the Administrative
Agent, each Funding Agent, each CP Conduit Purchaser, each APA Bank and each <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser that at least 51% of the equity interests of ABRCF are owned, directly or indirectly, by a &#147;listed
entity&#148; (as defined in 31 C.F.R. &#167;1020.315(b)(5)). </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(h) The Administrator hereby represents and warrants to the Trustee, the
Administrative Agent, each Funding Agent, each CP Conduit Purchaser, each APA Bank, each Committed Note Purchaser and each <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser that it intends each of the Operating Leases to be, and views
each as, a single indivisible lease covering all Vehicles leased thereunder, rather than as a collection of separate independent leases governed by similar terms. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;8.2. Covenants of ABRCF and the Administrator. ABRCF and the Administrator hereby agree, in addition to their obligations
hereunder, that: </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:5%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(a) they shall observe in all material respects each and every of their respective covenants (both
affirmative and negative) contained in the Base Indenture and all other Related Documents to which each is a party; </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">112 </P>

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 <P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:5%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(b) they shall afford each
<FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser, each Funding Agent with respect to a CP Conduit Purchaser Group, each Committed Note Purchaser, the Trustee or any representatives of any such
<FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser, Funding Agent or the Trustee access to all records relating to the Leases, the Subleases, the Vehicles, the Manufacturer Programs and the Loan Agreements at any reasonable time during
regular business hours, upon reasonable prior notice (and with one Business Day&#146;s prior notice if an Amortization Event with respect to the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Notes shall have been deemed to have occurred or
shall have been declared to have occurred), for purposes of inspection and shall permit such <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser, such Funding Agent, such Committed Note Purchaser, the Trustee or any representative of such <FONT
STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser, such Committed Note Purchaser, such Funding Agent or the Trustee to visit any of ABRCF&#146;s or the Administrator&#146;s, as the case may be, offices or properties during regular business
hours and as often as may reasonably be desired to discuss the business, operations, properties, financial and other conditions of ABRCF or the Administrator with their respective officers and employees and with their independent certified public
accountants; </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:5%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(c) they shall promptly provide such additional financial and other information with respect to the Related
Documents, ABRCF, the Lessors, the Permitted Nominees, the Lessees, the Permitted Sublessees, the Related Documents or the Manufacturer Programs as the Administrative Agent may from time to time reasonably request; </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:5%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(d) they shall provide to the Administrative Agent simultaneously with delivery to the Trustee copies of information furnished
to the Trustee or ABRCF pursuant to the Related Documents as such information relates to all Series of Notes generally or specifically to the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Notes or the Series
<FONT STYLE="white-space:nowrap">2010-6</FONT> Collateral. The Administrative Agent shall distribute to each <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser and each Funding Agent copies of all information delivered to it pursuant to
this Section&nbsp;8.2(d); </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:5%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(e) they shall not (i)&nbsp;agree to any amendment to the Base Indenture or any other Related
Document, or (ii)&nbsp;take any action under the Base Indenture or any other Related Documents, which amendment or action requires the consent or direction of the Requisite Investors, without having received the prior written consent of the
Requisite Noteholders; </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:5%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(f) they shall not agree to any replacement or successor to the Intermediary or the addition of any
new Manufacturer as an Eligible Program Manufacturer, in each case without having received the prior written consent of the Requisite Noteholders; </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:5%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(g) they shall not permit the aggregate Capitalized Cost for all Vehicles purchased in any model year that are not subject to a
Manufacturer Program to exceed 85% of the aggregate MSRP (Manufacturer Suggested Retail Price) of all such Vehicles; <U>provided</U>, <U>however</U>, that they shall not&nbsp;modify the customary buying patterns or purchasing criteria used by the
Administrator and its Affiliates with respect to the Vehicles if the primary purpose of such&nbsp;modification is&nbsp;to comply with this covenant; </P>
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 <P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:5%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(h) they will provide (x)&nbsp;notice of any Replacement Credit Agreement,
together with a copy of the proposed Replacement Credit Agreement, to the Rating Agencies, Standard&nbsp;&amp; Poor&#146;s and Moody&#146;s no less than ten (10)&nbsp;days prior to the anticipated effective date for such Replacement Credit Agreement
and (y)&nbsp;a copy of any amendment to the Credit Agreement or any Replacement Credit Agreement to the Administrative Agent, each Funding Agent and each <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser promptly upon its becoming
effective; </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:5%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(i) they shall provide to the Administrative Agent, each <FONT STYLE="white-space:nowrap">Non-Conduit</FONT>
Purchaser and each Funding Agent, on each Determination Date, a calculation of the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Incremental Enhancement Amount as of the last day of the Related Month with respect to such Determination Date;
</P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:5%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(j) they shall provide the Administrative Agent with ten days&#146; prior notice of any appointment of an Independent
Manager in accordance with the ABRCF Limited Liability Company Agreement; <U>provided</U> that if such appointment is to fill a vacancy, such notice shall only be required to be given as promptly as possible; </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:5%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(k) they shall promptly provide notice to each <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser and the
Administrative Agent in the event that more than 50% of the Class&nbsp;A Invested Amount is funded by one or more APA Banks; </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:5%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(l) they shall comply with the representation made by ABRCF to each Rating Agency pursuant to paragraph (a)(3)(iii)(A) through
(D)&nbsp;of Rule <FONT STYLE="white-space:nowrap">17g-5</FONT> under the Exchange Act and shall provide the Administrative Agent, each Funding Agent and each <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser with prompt notice if ABRCF,
ABCR or any of their representatives receives notice from, or has knowledge of, any Rating Agency determination that ABRCF is not in compliance with such representation; </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:5%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(m) they shall provide to the Administrative Agent on October&nbsp;1 of each year, beginning on October&nbsp;1, 2013, an
Opinion of Counsel to the effect that no UCC financing or continuation statements are required to be filed with respect to any of the Collateral in which a security interest may be perfected by the filing of UCC financing statements; </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:5%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(n) the Administrator agrees, for the benefit of each <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser, each
Funding Agent, each CP Conduit Purchaser and each APA Bank, in each case, that is required to comply with the requirements of the Securitisation Regulations that as an &#147;originator&#148; for purposes of the Securitisation Regulations it shall:
</P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:9%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(i) hold and maintain the Retained Interest in an amount and in a manner as required or permitted by the Securitisation
Regulations for so long as the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Notes are outstanding and not change the manner in which it retains the Retained Interest except to the extent permitted under the Securitisation Regulations; </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:9%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(ii) not sell the Retained Interest or subject the Retained Interest to any credit risk mitigation or any short positions or
any other hedge, or transfer or otherwise surrender all or part of its rights, benefits or obligations arising from or associated with the Retained Interest, in each case, except to the extent permitted under the Securitisation Regulations; </P>
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 <P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:9%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(iii) in connection with and accompanying each Monthly Noteholders
Statement, confirm to the Trustee that it continues to comply with this subsection (i)&nbsp;and (ii) of this Section&nbsp;8.2(n); </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:9%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(iv) promptly provide notice to each such Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Noteholder in the event that it
fails to comply with subsection (i)&nbsp;or (ii) of this Section&nbsp;8.2(n); </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:9%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(v) promptly notify each Series <FONT
STYLE="white-space:nowrap">2010-6</FONT> Noteholder of any material change to the form or other terms or characteristics of the Retained Interest since the delivery of the most recent Monthly Noteholders Statement; and </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:9%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(vi) provide any and all information requested by any Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Noteholder that any
such Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Noteholder would reasonably require in order for such Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Noteholder to comply with its obligations under the Securitisation Regulations;
<U>provided</U> that (x)&nbsp;compliance by the Administrator with this clause (vi)&nbsp;shall be at the expense of the requesting <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser, Funding Agent, CP Conduit Purchaser or APA Bank and
(y)&nbsp;nothing in this clause (vi)&nbsp;shall oblige the Administrator to provide any information in the form of any template prescribed for purposes of Article 7 of the Securitisation Regulations, or to take any other action in accordance with,
or in a manner contemplated by, such Article 7 of the Securitisation Regulations unless otherwise agreed with a Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Noteholder; </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:5%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(o) on and after the A&amp;R Effective Date, the Administrator (or, to the extent permitted by the U.S. Risk Retention Rules, a
majority-owned affiliate of the Administrator) shall continue to comply with all requirements imposed by the U.S. Risk Retention Rules, including, without limitation (1)&nbsp;complying with the post-closing disclosure requirements set forth in
Section&nbsp;4(c)(1)(ii) of the U.S. Risk Retention Rules in an appropriate method that does not require any involvement of the Administrative Agent, any CP Conduit Purchaser, any Funding Agent, any APA Bank, any Committed Note Purchaser or any <FONT
STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser, (2)&nbsp;complying with the records maintenance requirements set forth in Section&nbsp;4(d) of the U.S. Risk Retention Rules, and (3)&nbsp;complying and causing compliance with the hedging,
transfer and financing prohibitions set forth in Section&nbsp;12 of the U.S. Risk Retention Rules for the duration required by the U.S. Risk Retention Rules; </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:5%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(p) they will maintain in effect and enforce policies and procedures designed to ensure compliance by the Administrator, its
Subsidiaries and their respective directors, officers, employees and agents with Anti-Corruption Laws and applicable Sanctions; </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:5%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(q) they will include in each Monthly Noteholder&#146;s Statement a calculation of the Series
<FONT STYLE="white-space:nowrap">2010-6</FONT> Post-Twenty Fourth Month Measurement Month Average (including all applicable underlying calculations); </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">115 </P>

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 <P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:5%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(r) ABRCF will provide the Administrative Agent an Officer&#146;s
Certificate attaching the amended Depreciation Schedule as soon as reasonably practicable after such Depreciation Schedule becomes effective; and </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:5%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(s) as soon as practicable following any change that would result in ABRCF no longer being able to make the representation in
Section&nbsp;8.1(e), ABRCF shall give the Administrative Agent notice thereof and shall provide the Administrative Agent with a Beneficial Ownership Certification. </P>
<P STYLE="margin-top:24pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>ARTICLE IX </B></P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>THE
ADMINISTRATIVE AGENT </B></P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;9.1. Appointment. Each of the <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchasers, CP
Conduit Purchasers, the APA Banks and the Funding Agents hereby irrevocably designates and appoints the Administrative Agent as the agent of such Person under this Supplement and irrevocably authorizes the Administrative Agent, in such capacity, to
take such action on its behalf under the provisions of this Supplement and to exercise such powers and perform such duties as are expressly delegated to the Administrative Agent by the terms of this Supplement, together with such other powers as are
reasonably incidental thereto. Notwithstanding any provision to the contrary elsewhere in this Supplement, the Administrative Agent shall not have any duties or responsibilities except those expressly set forth herein, or any fiduciary relationship
with any <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser, any CP Conduit Purchaser, any APA Bank or any Funding Agent, and no implied covenants, functions, responsibilities, duties, obligations or liabilities shall be read into this
Supplement or otherwise exist against the Administrative Agent. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;9.2. Delegation of Duties. The Administrative Agent may
execute any of its duties under this Supplement by or through agents or <FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">attorneys-in-fact</FONT></FONT> and shall be entitled to advice of counsel concerning all matters pertaining to
such duties. The Administrative Agent shall not be responsible for the negligence or misconduct of any agents or <FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">attorneys-in-fact</FONT></FONT> selected by it with reasonable care.
</P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;9.3. Exculpatory Provisions. Neither the Administrative Agent nor any of its officers, directors, employees, agents, <FONT
STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">attorneys-in-fact</FONT></FONT> or Affiliates shall be (i)&nbsp;liable for any action lawfully taken or omitted to be taken by it or such Person under or in connection with the Base
Indenture, this Supplement or any other Related Document (except to the extent that any of the foregoing are found by a final and nonappealable decision of a court of competent jurisdiction to have resulted from its or such Person&#146;s own gross
negligence or willful misconduct) or (ii)&nbsp;responsible in any manner to any of the <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchasers, the CP Conduit Purchasers, the APA Banks or the Funding Agents for any recitals, statements,
representations or warranties made by ABRCF, the Lessors, the Lessees, the Permitted Sublessees, the Intermediary, the Administrator or any officer thereof contained in this Supplement or any other Related Document or in any certificate, report,
statement or other document referred to or provided for in, or received by the Administrative Agent under or in connection with, this Supplement or any other Related Document or for the value, validity, effectiveness, genuineness, enforceability or
sufficiency of this Supplement, any other Related Document, or for any failure of any of ABRCF, the Lessors, the Lessees, the Permitted </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">116 </P>

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Sublessees, the Intermediary or the Administrator to perform its obligations hereunder or thereunder. The Administrative Agent shall not be under any obligation to any <FONT
STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser, any CP Conduit Purchaser, any APA Bank or any Funding Agent to ascertain or to inquire as to the observance or performance of any of the agreements contained in, or conditions of, this
Supplement, any other Related Document or to inspect the properties, books or records of ABRCF, the Lessors, the Lessees, the Permitted Sublessees, the Intermediary or the Administrator. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;9.4. Reliance by Administrative Agent. The Administrative Agent shall be entitled to rely, and shall be fully protected in
relying, upon any writing, resolution, notice, consent, certificate, affidavit, letter, telecopy, telex or teletype message, statement, order or other document or conversation believed by it to be genuine and correct and to have been signed, sent or
made by the proper Person or Persons and upon advice and statements of legal counsel (including, without limitation, counsel to ABRCF or the Administrator), independent accountants and other experts selected by the Administrative Agent. The
Administrative Agent may deem and treat the registered holder of any Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Note as the owner thereof for all purposes unless a written notice of assignment, negotiation or transfer thereof shall have
been filed with the Administrative Agent. The Administrative Agent shall be fully justified in failing or refusing to take any action under this Supplement or any other Related Document unless it shall first receive such advice or concurrence of the
Requisite Noteholders, as it deems appropriate or it shall first be indemnified to its satisfaction by the <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchasers and the Funding Agents against any and all liability and expense which may be
incurred by it by reason of taking or continuing to take any such action. The Administrative Agent shall in all cases be fully protected in acting, or in refraining from acting, under this Supplement and the other Related Documents in accordance
with a request of the Requisite Noteholders (unless, in the case of any action relating to the giving of consent hereunder, the giving of such consent requires the consent of all Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Noteholders),
and such request and any action taken or failure to act pursuant thereto shall be binding upon all the <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchasers, the CP Conduit Purchasers, the APA Banks and the Funding Agents. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;9.5. Notice of Administrator Default or Amortization Event or Potential Amortization Event. The Administrative Agent shall not be
deemed to have knowledge or notice of the occurrence of any Amortization Event or Potential Amortization Event or any Administrator Default unless the Administrative Agent has received written notice from a
<FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser, a CP Conduit Purchaser, an APA Bank, a Funding Agent, ABRCF or the Administrator referring to the Indenture or this Supplement, describing such Amortization Event or Potential
Amortization Event, or Administrator Default and stating that such notice is a &#147;notice of an Amortization Event or Potential Amortization Event&#148; or &#147;notice of an Administrator Default,&#148; as the case may be. In the event that the
Administrative Agent receives such a notice, the Administrative Agent shall give notice thereof to the <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchasers, the Funding Agents, the Trustee, ABRCF and the Administrator. The Administrative
Agent shall take such action with respect to such event as shall be reasonably directed by the Requisite Noteholders, <U>provided</U> that unless and until the Administrative Agent shall have received such directions, the Administrative Agent may
(but shall not be obligated to) take such action, or refrain from taking such action, with respect to such event as it shall deem advisable in the best interests of the Purchaser Groups. </P>
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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;9.6. <FONT STYLE="white-space:nowrap">Non-Reliance</FONT> on the Administrative
Agent and Other Purchaser Groups. Each of the <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchasers, the CP Conduit Purchasers, the APA Banks and the Funding Agents expressly acknowledges that neither the Administrative Agent nor any of its
officers, directors, employees, agents, <FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">attorneys-in-fact</FONT></FONT> or Affiliates has made any representations or warranties to it and that no act by the Administrative Agent
hereinafter taken, including any review of the affairs of ABRCF, the Lessors, the Lessees, the Permitted Sublessees, the Intermediary or the Administrator shall be deemed to constitute any representation or warranty by the Administrative Agent to
any such Person. Each of the <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchasers, the CP Conduit Purchasers, the APA Banks and the Funding Agents represents to the Administrative Agent that it has, independently and without reliance upon
the Administrative Agent or any other <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser, CP Conduit Purchaser, APA Bank or Funding Agent and based on such documents and information as it has deemed appropriate, made its own appraisal of
and investigation into the business, operations, property, financial and other condition and creditworthiness of ABRCF, the Lessors, the Lessees, the Permitted Sublessees, the Intermediary and the Administrator and made its own decision to enter
into this Supplement. Each of the <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchasers, the CP Conduit Purchasers, the APA Banks and the Funding Agents also represents that it will, independently and without reliance upon the
Administrative Agent or any other <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser, CP Conduit Purchaser, APA Bank or Funding Agent, and based on such documents and information as it shall deem appropriate at the time, continue to make
its own credit analysis, appraisals and decisions in taking or not taking action under this Supplement and the other Related Documents, and to make such investigation as it deems necessary to inform itself as to the business, operations, property,
financial and other condition and creditworthiness of ABRCF, the Lessors, the Lessees, the Permitted Sublessees, the Intermediary and the Administrator. Except for notices, reports and other documents expressly required to be furnished to the <FONT
STYLE="white-space:nowrap">Non-Conduit</FONT> Purchasers and the Funding Agents by the Administrative Agent hereunder, the Administrative Agent shall have no duty or responsibility to provide any <FONT STYLE="white-space:nowrap">Non-Conduit</FONT>
Purchaser, any CP Conduit Purchaser, any APA Bank or any Funding Agent with any credit or other information concerning the business, operations, property, condition (financial or otherwise), prospects or creditworthiness of ABRCF, the Lessors, the
Lessees, the Permitted Sublessees, the Intermediary or the Administrator which may come into the possession of the Administrative Agent or any of its officers, directors, employees, agents, <FONT STYLE="white-space:nowrap"><FONT
STYLE="white-space:nowrap">attorneys-in-fact</FONT></FONT> or Affiliates. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;9.7. Indemnification. Each <FONT
STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser and each of the APA Banks in a CP Conduit Purchaser Group agrees to indemnify the Administrative Agent in its capacity as such (to the extent not reimbursed by ABRCF and the Administrator and
without limiting the obligation of ABRCF and the Administrator to do so), ratably according to their respective Commitment Percentages (or, if indemnification is sought after the date upon which the Commitments shall have terminated, ratably in
accordance with their respective Purchaser Group Invested Amounts ) in effect on the date on which indemnification is sought under this Section&nbsp;9.7 (or if indemnification is sought after the date upon which the Commitments shall have terminated
and the Purchaser Group Invested Amounts shall have been reduced to zero ratably in accordance with their Commitment Percentages immediately prior to their termination) from and against any and all liabilities, obligations, losses, damages,
penalties, actions, judgments, suits, costs, expenses or disbursements of any kind whatsoever which may at any time be imposed on, incurred by or asserted against the Administrative Agent in any way relating to or arising out of this Supplement, any
of the other Related Documents or any documents </P>
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contemplated by or referred to herein or therein or the transactions contemplated hereby or thereby or any action taken or omitted by the Administrative Agent under or in connection with any of
the foregoing; <U>provided</U> that no <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser, APA Bank or Funding Agent shall be liable for the payment of any portion of such liabilities, obligations, losses, damages, penalties, actions,
judgments, suits, costs, expenses or disbursements that are found by a final and nonappealable decision of a court of competent jurisdiction to have resulted from the Administrative Agent&#146;s gross negligence or willful misconduct. The agreements
in this Section shall survive the payment of all amounts payable hereunder. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;9.8. The Administrative Agent in Its Individual
Capacity. The Administrative Agent and its Affiliates may make loans to, accept deposits from and generally engage in any kind of business with ABRCF, the Administrator or any of their Affiliates as though the Administrative Agent were not the
Administrative Agent hereunder. With respect to any Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Note held by the Administrative Agent, the Administrative Agent shall have the same rights and powers under this Supplement and the other
Related Documents as any APA Bank or Funding Agent and may exercise the same as though it were not the Administrative Agent, and the terms &#147;APA Bank,&#148; and &#147;Funding Agent&#148; shall include the Administrative Agent in its individual
capacity. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;9.9. Resignation of Administrative Agent; Successor Administrative Agent. The Administrative Agent may resign as
Administrative Agent at any time by giving 30 days&#146; notice to the <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchasers, the Funding Agents, the Trustee, ABRCF and the Administrator. If JPMorgan Chase shall resign as Administrative
Agent under this Supplement, then the Requisite Noteholders shall appoint a successor administrative agent from among the <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchasers and Funding Agents, which successor administrative agent shall
be approved by ABRCF and the Administrator (which approval shall not be unreasonably withheld or delayed) whereupon such successor agent shall succeed to the rights, powers and duties of the Administrative Agent, and the term &#147;Administrative
Agent&#148; shall mean such successor agent effective upon such appointment and approval, and the former Administrative Agent&#146;s rights, powers and duties as Administrative Agent shall be terminated, without any other or further act or deed on
the part of such former Administrative Agent or any of the parties to this Supplement. If no successor administrative agent has accepted appointment as Administrative Agent prior to the effective date of the resignation of the Administrative Agent,
the retiring Administrative Agent may appoint, after consulting with the <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchasers, the Funding Agents, the Administrator and ABRCF, a successor Administrative Agent from among the <FONT
STYLE="white-space:nowrap">Non-Conduit</FONT> Purchasers and the Funding Agents. If no successor administrative agent has accepted appointment by the date which is thirty (30)&nbsp;days following a retiring Administrative Agent&#146;s notice of
resignation, the retiring Administrative Agent&#146;s resignation shall nevertheless thereupon become effective and the Administrator shall assume and perform all of the duties of the Administrative Agent hereunder until such time, if any, as the
Requisite Noteholders appoint a successor administrative agent as provided for above. After any retiring Administrative Agent&#146;s resignation as Administrative Agent, the provisions of this Article IX shall inure to its benefit as to any actions
taken or omitted to be taken by it while it was Administrative Agent under this Supplement. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;9.10. Erroneous Payments.
(a)&nbsp;Each Funding Agent and <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser hereby agrees that (x)&nbsp;if the Administrative Agent notifies such Funding </P>
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Agent or <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser that the Administrative Agent has determined in its sole discretion that any funds received by any member of the related
Purchaser Group from the Administrative Agent or any of its Affiliates (whether as a payment, prepayment or repayment of principal, interest, fees or otherwise; individually and collectively, a &#147;<U>Payment</U>&#148;) were erroneously
transmitted to such member of such Purchaser Group (whether or not known to such member of such Purchaser Group), and demands the return of such Payment (or a portion thereof), such member of such Purchaser Group shall promptly, but in no event
later than one Business Day thereafter, return to the Administrative Agent the amount of any such Payment (or portion thereof) as to which such a demand was made in same day funds, together with interest thereon in respect of each day from and
including the date such Payment (or portion thereof) was received by such member of such Purchaser Group to the date such amount is repaid to the Administrative Agent at the greater of the Federal Funds Effective Rate and a rate determined by the
Administrative Agent in accordance with banking industry rules on interbank compensation from time to time in effect, and (y)&nbsp;to the extent permitted by applicable law, such member of such Purchaser Group shall not assert, and hereby waives, as
to the Administrative Agent, any claim, counterclaim, defense or right of <FONT STYLE="white-space:nowrap">set-off</FONT> or recoupment with respect to any demand, claim or counterclaim by the Administrative Agent for the return of any Payments
received, including without limitation any defense based on &#147;discharge for value&#148; or any similar doctrine. A notice of the Administrative Agent to any Funding Agent or <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser under
this Section&nbsp;9.10(a) shall be conclusive, absent manifest error. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(b) Each member of a Purchaser Group hereby further agrees that if
it receives a Payment from the Administrative Agent or any of its Affiliates (x)&nbsp;that is in a different amount than, or on a different date from, that specified in a notice of payment sent by the Administrative Agent (or any of its Affiliates)
with respect to such Payment (a &#147;<U>Payment Notice</U>&#148;) or (y)&nbsp;that was not preceded or accompanied by a Payment Notice, it shall be on notice, in each such case, that an error has been made with respect to such Payment. Each member
of a Purchaser Group agrees that, in each such case, or if it otherwise becomes aware a Payment (or portion thereof) may have been sent in error, such member of such Purchaser Group shall promptly notify the Administrative Agent of such occurrence
and, upon demand from the Administrative Agent, it shall promptly, but in no event later than one Business Day thereafter, return to the Administrative Agent the amount of any such Payment (or portion thereof) as to which such a demand was made in
same day funds, together with interest thereon in respect of each day from and including the date such Payment (or portion thereof) was received by such member of such Purchaser Group to the date such amount is repaid to the Administrative Agent at
the greater of the Federal Funds Effective Rate and a rate determined by the Administrative Agent in accordance with banking industry rules on interbank compensation from time to time in effect. </P>
<P STYLE="margin-top:24pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>ARTICLE X </B></P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>THE FUNDING
AGENTS </B></P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;10.1. Appointment. Each CP Conduit Purchaser and each APA Bank with respect to such CP Conduit Purchaser hereby
irrevocably designates and appoints the Funding Agent set forth next to such CP Conduit Purchaser&#146;s name on Schedule I as the agent of such Person under this Supplement and irrevocably authorizes such Funding Agent, in such capacity, to take
such action on its behalf under the provisions of this Supplement and to exercise </P>
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such powers and perform such duties as are expressly delegated to such Funding Agent by the terms of this Supplement, together with such other powers as are reasonably incidental thereto.
Notwithstanding any provision to the contrary elsewhere in this Supplement, each Funding Agent shall not have any duties or responsibilities except those expressly set forth herein, or any fiduciary relationship with any CP Conduit Purchaser or APA
Bank and no implied covenants, functions, responsibilities, duties, obligations or liabilities shall be read into this Supplement or otherwise exist against each Funding Agent. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;10.2. Delegation of Duties. Each Funding Agent may execute any of its duties under this Supplement by or through agents or <FONT
STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">attorneys-in-fact</FONT></FONT> and shall be entitled to advice of counsel concerning all matters pertaining to such duties. Each Funding Agent shall not be responsible to any CP Conduit
Purchaser or any APA Bank in its CP Conduit Purchaser Group for the negligence or misconduct of any agents or attorneys <FONT STYLE="white-space:nowrap">in-fact</FONT> selected by it with reasonable care. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;10.3. Exculpatory Provisions. Each Funding Agent and any of its officers, directors, employees, agents, <FONT
STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">attorneys-in-fact</FONT></FONT> or Affiliates shall not be (i)&nbsp;liable for any action lawfully taken or omitted to be taken by it or such Person under or in connection with the Base
Indenture, this Supplement or any other Related Document (except to the extent that any of the foregoing are found by a final and nonappealable decision of a court of competent jurisdiction to have resulted from its or such Person&#146;s own gross
negligence or willful misconduct) or (ii)&nbsp;responsible in any manner to any of the CP Conduit Purchasers and/or APA Banks for any recitals, statements, representations or warranties made by ABRCF, the Lessors, the Lessees, the Permitted
Sublessees, the Intermediary, the Administrator, the Administrative Agent, or any officer thereof contained in this Supplement or any other Related Document or in any certificate, report, statement or other document referred to or provided for in,
or received by such Funding Agent under or in connection with, this Supplement or any other Related Document or for the value, validity, effectiveness, genuineness, enforceability or sufficiency of this Supplement, any other Related Document, or for
any failure of any of ABRCF, the Lessors, the Lessees, the Permitted Sublessees, the Intermediary, the Administrative Agent, or the Administrator to perform its obligations hereunder or thereunder. Each Funding Agent shall not be under any
obligation to any CP Conduit Purchaser or any APA Bank in its CP Conduit Purchaser Group to ascertain or to inquire as to the observance or performance of any of the agreements contained in, or conditions of, this Supplement, any other Related
Document or to inspect the properties, books or records of ABRCF, the Lessors, the Lessees, the Permitted Sublessees, the Intermediary, the Administrative Agent, or the Administrator. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;10.4. Reliance by Each Funding Agent. Each Funding Agent shall be entitled to rely, and shall be fully protected in relying, upon
any writing, resolution, notice, consent, certificate, affidavit, letter, telecopy, telex or teletype message, statement, order or other document or conversation believed by it to be genuine and correct and to have been signed, sent or made by the
proper Person or Persons and upon advice and statements of legal counsel (including, without limitation, counsel to ABRCF or the Administrator), independent accountants and other experts selected by such Funding Agent. Each Funding Agent shall be
fully justified in failing or refusing to take any action under this Supplement or any other Related Document unless it shall first receive such advice or concurrence of the Related Purchaser Group, as it deems appropriate or it shall first be
indemnified to its satisfaction by the Related Purchaser Group against any and all liability and expense which may be incurred by it by reason of taking or continuing to take any such action. </P>
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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;10.5. Notice of Administrator Default or Amortization Event or Potential
Amortization Event. Each Funding Agent shall not be deemed to have knowledge or notice of the occurrence of any Amortization Event or Potential Amortization Event or any Administrator Default unless such Funding Agent has received written notice
from a <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser, a CP Conduit Purchaser, an APA Bank, ABRCF, the Administrative Agent or the Administrator referring to the Indenture or this Supplement, describing such Amortization Event or
Potential Amortization Event, or Administrator Default and stating that such notice is a &#147;notice of an Amortization Event or Potential Amortization Event&#148; or &#147;notice of an Administrator Default,&#148; as the case may be. In the event
that any Funding Agent receives such a notice, such Funding Agent shall give notice thereof to the CP Conduit Purchasers and APA Banks in its CP Conduit Purchaser Group. Such Funding Agent shall take such action with respect to such event as shall
be reasonably directed by the CP Conduit Purchasers and APA Banks in its CP Conduit Purchaser Group, <U>provided</U> that unless and until such Funding Agent shall have received such directions, such Funding Agent may (but shall not be obligated to)
take such action, or refrain from taking such action, with respect to such event as it shall deem advisable in the best interests of the CP Conduit Purchaser and APA Banks in its CP Conduit Purchaser Group. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;10.6. <FONT STYLE="white-space:nowrap">Non-Reliance</FONT> on Each Funding Agent and Other CP Conduit Purchaser Groups. Each CP
Conduit Purchaser and each of the related APA Banks expressly acknowledge that neither its Funding Agent nor any of its officers, directors, employees, agents,
<FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">attorneys-in-fact</FONT></FONT> or Affiliates has made any representations or warranties to it and that no act by such Funding Agent hereinafter taken, including any review of the
affairs of ABRCF, the Lessors, the Lessees, the Permitted Sublessees, the Intermediary, the Administrative Agent, or the Administrator shall be deemed to constitute any representation or warranty by such Funding Agent to any such Person. Each CP
Conduit Purchaser and each of the related APA Banks represents to its Funding Agent that it has, independently and without reliance upon such Funding Agent and based on such documents and information as it has deemed appropriate, made its own
appraisal of and investigation into the business, operations, property, financial and other condition and creditworthiness of ABRCF, the Lessors, the Lessees, the Permitted Sublessees, the Intermediary, the Administrative Agent, and the
Administrator and made its own decision to enter into this Supplement. Each CP Conduit Purchaser and each of the related APA Banks also represents that it will, independently and without reliance upon its Funding Agent and based on such documents
and information as it shall deem appropriate at the time, continue to make its own credit analysis, appraisals and decisions in taking or not taking action under this Supplement and the other Related Documents, and to make such investigation as it
deems necessary to inform itself as to the business, operations, property, financial and other conditions and creditworthiness of ABRCF, the Lessors, the Lessees, the Permitted Sublessees, the Intermediary, the Administrative Agent, and the
Administrator. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;10.7. Indemnification. Each APA Bank in a CP Conduit Purchaser Group agrees to indemnify its Funding Agent in
its capacity as such (to the extent not reimbursed by ABRCF and the Administrator and without limiting the obligation of ABRCF and the Administrator to do so), ratably according to its respective APA Bank Percentage in effect on
</P>
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the date on which indemnification is sought under this Section&nbsp;10.7 (or if indemnification is sought after the date upon which the Commitments shall have been terminated, ratably in
accordance with its APA Bank Percentage at the time of termination) from and against any and all liabilities, obligations, losses, damages, penalties, actions, judgments, suits, costs, expenses or disbursements of any kind whatsoever which may at
any time be imposed on, incurred by or asserted against such Funding Agent in any way relating to or arising out of this Supplement, any of the other Related Documents or any documents contemplated by or referred to herein or therein or the
transactions contemplated hereby or thereby or any action taken or omitted by such Funding Agent under or in connection with any of the foregoing; <U>provided</U> that no APA Bank shall be liable for the payment of any portion of such liabilities,
obligations, losses, damages, penalties, actions, judgments, suits, costs, expenses or disbursements that are found by a final and nonappealable decision of a court of competent jurisdiction to have resulted from such related Funding Agent&#146;s
gross negligence or willful misconduct. The agreements in this Section shall survive the payment of all amounts payable hereunder. </P>
<P STYLE="margin-top:24pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>ARTICLE XI </B></P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>GENERAL
</B></P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;11.1. Successors and Assigns. (a)&nbsp;This Supplement shall be binding upon and inure to the benefit of the parties
hereto and their respective successors and assigns, except that (i)&nbsp;ABRCF may not assign or transfer any of its rights under this Supplement without the prior written consent of all of the Series <FONT STYLE="white-space:nowrap">2010-6</FONT>
Noteholders, (ii)&nbsp;no <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser may assign or transfer any of its rights under this Supplement other than pursuant to paragraph (e)&nbsp;or (f) below, (iii)&nbsp;no CP Conduit Purchaser may
assign or transfer any of its rights under this Supplement other than in accordance with the Asset Purchase Agreement with respect to such CP Conduit Purchaser or otherwise to the APA Bank with respect to such CP Conduit Purchaser or a Program
Support Provider with respect to such CP Conduit Purchaser or pursuant to clause (b)&nbsp;or (e) below of this Section&nbsp;11.1, (iv) no APA Bank may assign or transfer any of its rights or obligations under this Supplement except to a Program
Support Provider or pursuant to clause (c), (d) or (e)&nbsp;below of this Section&nbsp;11.1 and (v)&nbsp;no Committed Note Purchaser may assign or transfer any of its rights under this Supplement unless such assignment or transfer is to ABG or an
Affiliate of ABG pursuant to a transfer supplement, substantially in the form of <U>Exhibit P</U> (the &#147;<U>Class</U><U></U><U>&nbsp;R Supplement</U>&#148;), executed by such acquiring Committed Note Purchaser, such assigning Committed Note
Purchaser and the Administrative Agent, ABRCF and the Administrator and delivered to the Administrative Agent. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(b) Without limiting the
foregoing, each CP Conduit Purchaser may assign all or a portion of the Purchaser Group Invested Amount with respect to such CP Conduit Purchaser and its rights and obligations under this Supplement and any other Related Documents to which it is a
party to a Conduit Assignee with respect to such CP Conduit Purchaser. Prior to or concurrently with the effectiveness of any such assignment (or if impracticable, immediately thereafter), the assigning CP Conduit Purchaser shall notify the
Administrative Agent, ABRCF, the Trustee and the Administrator thereof. Upon such assignment by a CP Conduit Purchaser to a Conduit Assignee, (A)&nbsp;such Conduit Assignee shall be the owner of the Purchaser Group Invested Amount or such portion
thereof with respect to such CP Conduit Purchaser, (B)&nbsp;the related administrative or managing agent for such Conduit Assignee will act as the </P>
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administrative agent for such Conduit Assignee hereunder, with all corresponding rights and powers, express or implied, granted to the Funding Agent hereunder or under the other Related
Documents, (C)&nbsp;such Conduit Assignee and its liquidity support provider(s) and credit support provider(s) and other related parties shall have the benefit of all the rights and protections provided to such CP Conduit Purchaser herein and in the
other Related Documents (including, without limitation, any limitation on recourse against such Conduit Assignee as provided in this paragraph), (D) such Conduit Assignee shall assume all of such CP Conduit Purchaser&#146;s obligations, if any,
hereunder or under the Base Indenture or under any other Related Document with respect to such portion of the Purchaser Group Invested Amount and such CP Conduit Purchaser shall be released from such obligations, (E)&nbsp;all distributions in
respect of the Purchaser Group Invested Amount or such portion thereof with respect to such CP Conduit Purchaser shall be made to the applicable agent or administrative agent, as applicable, on behalf of such Conduit Assignee, (F)&nbsp;the
definitions of the terms &#147;Monthly Funding Costs&#148; and &#147;Discount&#148; shall be determined in the manner set forth in the definition of &#147;Monthly Funding Costs&#148; and &#147;Discount&#148; applicable to such CP Conduit Purchaser
on the basis of the interest rate or discount applicable to commercial paper issued by such Conduit Assignee (rather than such CP Conduit Purchaser), (G)&nbsp;the defined terms and other terms and provisions of this Supplement, the Base Indenture
and the other Related Documents shall be interpreted in accordance with the foregoing, and (H)&nbsp;if requested by the Administrative Agent or the agent or administrative agent with respect to the Conduit Assignee, the parties will execute and
deliver such further agreements and documents and take such other actions as the Administrative Agent or such agent or administrative agent may reasonably request to evidence and give effect to the foregoing. No assignment by any CP Conduit
Purchaser to a Conduit Assignee of the Purchaser Group Invested Amount with respect to such CP Conduit Purchaser shall in any way diminish the obligations of the APA Bank with respect to such CP Conduit Purchaser under Section&nbsp;2.3 to fund any
Increase. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(c) Any APA Bank may, in the ordinary course of its business and in accordance with applicable law, at any time sell all or any
part of its rights and obligations under this Supplement and the Class&nbsp;A Notes, with the prior written consent of the Administrative Agent, ABRCF and the Administrator (in each case, which consent shall not be unreasonably withheld), to one or
more banks (an &#147;<U>Acquiring APA Bank</U>&#148;) pursuant to a transfer supplement, substantially in the form of <U>Exhibit H</U> (the &#147;<U>Transfer Supplement</U>&#148;), executed by such Acquiring APA Bank, such assigning APA Bank, the
Funding Agent with respect to such APA Bank, the Administrative Agent, ABRCF and the Administrator and delivered to the Administrative Agent. Notwithstanding the foregoing, no APA Bank shall so sell its rights hereunder if such Acquiring APA Bank is
not an Eligible Assignee. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(d) Any APA Bank may, in the ordinary course of its business and in accordance with applicable law, at any time
sell to one or more financial institutions or other entities (&#147;<U>APA Bank Participants</U>&#148;) participations in its APA Bank Percentage of the Commitment Amount with respect to it and the other APA Banks included in the related CP Conduit
Purchaser Group, its Class&nbsp;A Note and its rights hereunder pursuant to documentation in form and substance satisfactory to such APA Bank and the APA Bank Participant; <U>provided</U>, <U>however</U>, that (i)&nbsp;in the event of any such sale
by an APA Bank to an APA Bank Participant, (A)&nbsp;such APA Bank&#146;s obligations under this Supplement shall remain unchanged, (B)&nbsp;such APA Bank shall remain solely responsible for the performance thereof and (C)&nbsp;ABRCF and the
Administrative Agent shall continue to deal solely and directly with such APA Bank in </P>
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connection with its rights and obligations under this Supplement and (ii)&nbsp;no APA Bank shall sell any participating interest under which the APA Bank Participant shall have rights to approve
any amendment to, or any consent or waiver with respect to, this Supplement, the Base Indenture or any Related Document, except to the extent that the approval of such amendment, consent or waiver otherwise would require the unanimous consent of all
APA Banks hereunder. An APA Bank Participant shall have the right to receive Article VII Costs but only to the extent that the related selling APA Bank would have had such right absent the sale of the related participation and, with respect to
amounts due pursuant to Section&nbsp;7.2, only to the extent such APA Bank Participant shall have complied with the provisions of Section&nbsp;7.2(e) and (g)&nbsp;as if such APA Bank Participant were the Administrative Agent, a Funding Agent, a
Program Support Provider or a member of a CP Conduit Purchaser Group. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(e) Any CP Conduit Purchaser and the APA Bank with respect to such
CP Conduit Purchaser may at any time sell all or any part of their respective rights and obligations, and any <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser may at any time sell all or any part of its rights and obligations, under
this Supplement and the Class&nbsp;A Notes, with the prior written consent of the Administrative Agent, ABRCF and the Administrator (in each case, which consent shall not be unreasonably withheld), (x) to a multi-seller commercial paper conduit and
one or more banks providing support to such multi-seller commercial paper conduit or (y)&nbsp;to a financial institution or other entity (an &#147;<U>Acquiring Purchaser Group</U>&#148;) pursuant to a transfer supplement, substantially in the form
of <U>Exhibit I</U> (the &#147;<U>Purchaser Group Supplement</U>&#148;), executed by such Acquiring Purchaser Group (including the CP Conduit Purchaser and the APA Banks, if any, with respect to such Acquiring Purchaser Group), the Funding Agent, if
any, with respect to such Acquiring Purchaser Group, such assigning Purchaser Group (including the APA Banks, if any, with respect to such assigning Purchaser Group), the Funding Agent, if any, with respect to such assigning Purchaser Group and the
Administrative Agent, ABRCF and the Administrator and delivered to the Administrative Agent. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(f) Any
<FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser may, in the ordinary course of its business and in accordance with applicable law, at any time sell to one or more financial institutions or other entities (&#147;<U><FONT
STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser Participants</U>&#148;) participations in its Commitment, its Class&nbsp;A Note and its rights hereunder pursuant to documentation in form and substance satisfactory to such <FONT
STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser and the <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser Participant; <U>provided</U>, <U>however</U>, that (i)&nbsp;in the event of any such sale by a <FONT
STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser to a <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser Participant, (A)&nbsp;such <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser&#146;s obligations under this
Indenture Supplement shall remain unchanged, (B)&nbsp;such <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser shall remain solely responsible for the performance thereof and (C)&nbsp;ABRCF and the Administrative Agent shall continue to
deal solely and directly with such <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser in connection with its rights and obligations under this Indenture Supplement and (ii)&nbsp;no <FONT STYLE="white-space:nowrap">Non-Conduit</FONT>
Purchaser shall sell any participating interest under which the <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser Participant shall have rights to approve any amendment to, or any consent or waiver with respect to, this Supplement, the
Base Indenture or any Related Document, except to the extent that the approval of such amendment, consent or waiver otherwise would require the unanimous consent of all Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Noteholders hereunder. A <FONT
STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser Participant shall have the right to receive Article VII Costs but only to the extent that the related selling <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser would have had such
right absent the sale of the related participation and, with respect to amounts due pursuant to Section&nbsp;7.2, only to the extent such <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser Participant shall have complied with the
provisions of Sections 7.2(e) and (g)&nbsp;as if such <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser Participant were a <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">125 </P>

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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(g) ABRCF authorizes each APA Bank and <FONT STYLE="white-space:nowrap">Non-Conduit</FONT>
Purchaser to disclose to any APA Bank Participant, Acquiring APA Bank, <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser Participant or Acquiring Purchaser Group (each, a &#147;<U>Transferee</U>&#148;) and any prospective Transferee any
and all financial information in such APA Bank&#146;s or <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser&#146;s possession concerning ABRCF, the Collateral, the Administrator and the Related Documents which has been delivered to such
APA Bank by ABRCF or the Administrator in connection with such APA Bank&#146;s credit evaluation of ABRCF, the Collateral and the Administrator. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(h) Notwithstanding any other provision of this Supplement to the contrary, (i)&nbsp;any <FONT STYLE="white-space:nowrap">Non-Conduit</FONT>
Purchaser, any APA Bank or any Program Support Provider may at any time pledge or grant a security interest in all or any portion of its rights under its Class&nbsp;A Note and this Supplement to secure obligations of such <FONT
STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser, such APA Bank or such Program Support Provider to a Federal Reserve Bank or other central bank and (ii)&nbsp;any CP Conduit Purchaser may at any time pledge or grant a security interest in all
or any portion of its rights under the Class&nbsp;A Note held by its Funding Agent to any collateral trustee in order to comply with Rule <FONT STYLE="white-space:nowrap">3a-7</FONT> under the Investment Company Act or otherwise to secure
obligations of such CP Conduit Purchaser under its Commercial Paper, in each case without notice to or consent of the Administrative Agent, the Issuer or the Administrator; <U>provided</U> that no such pledge or grant of a security interest shall
release a <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser, a CP Conduit Purchaser or an APA Bank from any of its obligations hereunder or substitute any such pledgee or grantee for such
<FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser, such CP Conduit Purchaser or such APA Bank as a party hereto. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;11.2. Securities Law. Each <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser, CP Conduit Purchaser, Committed Note
Purchaser and APA Bank hereby represents and warrants to ABRCF that it is an &#147;accredited investor&#148; as such term is defined in Rule 501(a) of Regulation D under the Securities Act and has sufficient assets to bear the economic risk of, and
sufficient knowledge and experience in financial and business matters to evaluate the merits and risks of, its investment in a Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Note. Each <FONT STYLE="white-space:nowrap">Non-Conduit</FONT>
Purchaser, CP Conduit Purchaser, Committed Note Purchaser and APA Bank agrees that its Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Note will be acquired for investment only and not with a view to any public distribution thereof, and that
such <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser, CP Conduit Purchaser, Committed Note Purchaser and APA Bank will not offer to sell or otherwise dispose of its Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Note (or any
interest therein) in violation of any of the registration requirements of the Securities Act, or any applicable state or other securities laws. Each <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser, CP Conduit Purchaser, Committed Note
Purchaser and APA Bank acknowledges that it has no right to require ABRCF to register its Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Note under the Securities Act or any other securities law. Each
<FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser, CP Conduit Purchaser, Committed Note Purchaser and APA Bank hereby confirms and agrees that in connection with any transfer by it of an interest in the Series <FONT
STYLE="white-space:nowrap">2010-6</FONT> Note, such <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser, CP Conduit Purchaser, Committed Note Purchaser or APA Bank has not engaged and will not engage in a general solicitation or general
advertising including advertisements, articles, notices or other communications published in any newspaper, magazine or similar media or broadcast over radio or television, or any seminar or meeting whose attendees have been invited by any general
solicitation or general advertising. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">126 </P>

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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;11.3. Adjustments; <FONT STYLE="white-space:nowrap">Set-off.</FONT> (a)&nbsp;If
any member of a Purchaser Group (a &#147;<U>Benefited Purchaser Group</U>&#148;) shall at any time receive in respect of its Purchaser Group Invested Amount any distribution of principal, interest, Commitment Fees or any interest thereon, or receive
any collateral in respect thereof (whether voluntarily or involuntarily, by <FONT STYLE="white-space:nowrap">set-off</FONT> or otherwise) in a greater proportion than any such distribution received by any other Purchaser Group, if any, in respect of
such other Purchaser Group&#146;s Purchaser Group Invested Amount, or interest thereon, such Benefited Purchaser Group shall purchase for cash from the other Purchaser Group such portion of such other Purchaser Group&#146;s interest in the Series <FONT
STYLE="white-space:nowrap">2010-6</FONT> Notes, or shall provide such other Purchaser Group with the benefits of any such collateral, or the proceeds thereof, as shall be necessary to cause such Benefited Purchaser Group to share the excess payment
or benefits of such collateral or proceeds ratably with the other Purchaser Group; <U>provided</U>, <U>however</U>, that if all or any portion of such excess payment or benefits is thereafter recovered from such Benefited Purchaser Group, such
purchase shall be rescinded, and the purchase price and benefits returned, to the extent of such recovery, but without interest. ABRCF agrees that any Purchaser Group so purchasing a portion of another Purchaser Group&#146;s Purchaser Group Invested
Amount may exercise all rights of payment (including, without limitation, rights of <FONT STYLE="white-space:nowrap">set-off)</FONT> with respect to such portion as fully as if such Purchaser Group were the direct holder of such portion. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(b) In addition to any rights and remedies of the Purchaser Groups provided by law, each member of a Purchaser Group shall have the right,
without prior notice to ABRCF, any such notice being expressly waived by ABRCF to the extent permitted by applicable law, upon any amount becoming due and payable by ABRCF hereunder or under the Series <FONT STYLE="white-space:nowrap">2010-6</FONT>
Notes to <FONT STYLE="white-space:nowrap">set-off</FONT> and appropriate and apply against any and all deposits (general or special, time or demand, provisional or final), in any currency, and any other credits, indebtedness or claims, in any
currency, in each case whether direct or indirect, absolute or contingent, matured or unmatured, at any time held or owing by such Purchaser Group to or for the credit or the account of ABRCF. Each <FONT STYLE="white-space:nowrap">Non-Conduit</FONT>
Purchaser, CP Conduit Purchaser and APA Bank agrees promptly to notify ABRCF, the Administrator and the Administrative Agent after any such <FONT STYLE="white-space:nowrap">set-off</FONT> and application made by such CP Conduit Purchaser or APA
Bank; <U>provided</U> that the failure to give such notice shall not affect the validity of such <FONT STYLE="white-space:nowrap">set-off</FONT> and application. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;11.4. No Bankruptcy Petition (a)&nbsp;Each of the Administrative Agent, the <FONT STYLE="white-space:nowrap">Non-Conduit</FONT>
Purchasers, the CP Conduit Purchasers, the Committed Note Purchasers, the APA Banks and the Funding Agents hereby covenants and agrees that, prior to the date which is one year and one day after the later of payment in full of all Series of Notes,
it will not institute against, or join any other Person in instituting against, ABRCF any bankruptcy, reorganization, arrangement, insolvency or liquidation proceedings, or other similar proceedings under any federal or state bankruptcy or similar
law. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(b) ABRCF, the Trustee, the Administrative Agent, the Administrator, each CP Conduit Purchaser, each
<FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser, each Committed Note Purchaser, each Funding Agent and each APA Bank hereby covenants and agrees that, prior to the date which is one year and one day after the payment in full of all
outstanding Commercial Paper issued by, or for the benefit of, a CP Conduit Purchaser, it will not institute against, or join any other Person in instituting against, such CP Conduit Purchaser (or the Person issuing Commercial Paper for the benefit
of such CP Conduit Purchaser) any bankruptcy, reorganization, arrangement, insolvency or liquidation proceedings, or other similar proceedings under any federal or state bankruptcy or similar law. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">127 </P>

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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(c) This covenant shall survive the termination of this Supplement and the Base Indenture
and the payment of all amounts payable hereunder and thereunder. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;11.5. Limited Recourse (a)&nbsp;Notwithstanding anything to
the contrary contained herein, any obligations of each CP Conduit Purchaser hereunder to any party hereto are solely the corporate or limited liability company obligations of such CP Conduit Purchaser and shall be payable at such time as funds are
received by or are available to such CP Conduit Purchaser in excess of funds necessary to pay in full all of its outstanding Commercial Paper and, to the extent funds are not available to pay such obligations, the claims relating thereto shall not
constitute a claim against such CP Conduit Purchaser but shall continue to accrue. Each party hereto agrees that the payment of any claim (as defined in Section&nbsp;101 of Title 11 of the Bankruptcy Code) of any such party against a CP Conduit
Purchaser shall be subordinated to the payment in full of all of its Commercial Paper. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(b) No recourse under any obligation, covenant or
agreement of any CP Conduit Purchaser contained herein shall be had against any incorporator, stockholder, member, officer, director, employee or agent of such CP Conduit Purchaser, its administrative agent, the Funding Agent with respect to such CP
Conduit Purchaser or any of their Affiliates by the enforcement of any assessment or by any legal or equitable proceeding, by virtue of any statute or otherwise; it being expressly agreed and understood that this Supplement is solely a corporate or
limited liability company obligation of such CP Conduit Purchaser individually, and that no personal liability whatever shall attach to or be incurred by any incorporator, stockholder, member, officer, director, employee or agent of such CP Conduit
Purchaser, its administrative agent, the Funding Agent with respect to such CP Conduit Purchaser or any of its Affiliates (solely by virtue of such capacity) or any of them under or by reason of any of the obligations, covenants or agreements of
such CP Conduit Purchaser contained in this Supplement, or implied therefrom, and that any and all personal liability for breaches by such CP Conduit Purchaser of any of such obligations, covenants or agreements, either at common law or at equity,
or by statute, rule or regulation, of every such incorporator, stockholder, member, officer, director, employee or agent is hereby expressly waived as a condition of and in consideration for the execution of this Supplement; <U>provided</U> that the
foregoing shall not relieve any such Person from any liability it might otherwise have as a result of fraudulent actions taken or omissions made by them. The provisions of this Section&nbsp;11.5 shall survive termination of this Supplement. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;11.6. Costs and Expenses. ABRCF agrees to pay on demand (x)&nbsp;all reasonable <FONT STYLE="white-space:nowrap"><FONT
STYLE="white-space:nowrap">out-of-pocket</FONT></FONT> costs and expenses of the Administrative Agent (including, without limitation, reasonable fees and disbursements of counsel to the Administrative Agent) and of each Purchaser Group (including in
connection with the preparation, execution and delivery of this Supplement the reasonable fees and disbursements of one counsel, other than counsel to the Administrative Agent, for all such Purchaser Groups) in connection with (i)&nbsp;the
preparation, execution and delivery of this Supplement and the other Related Documents and any amendments or waivers of, or consents under, any such documents (including the fees of any rating agency to confirm the commercial paper rating of the
related CP Conduit Purchaser) and (ii)&nbsp;the enforcement by the Administrative Agent, any <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser or any Funding </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">128 </P>

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 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">
Agent of the obligations and liabilities of ABRCF, the Lessors, the Lessees, the Permitted Sublessees, the Intermediary and the Administrator under the Indenture, this Supplement, the other
Related Documents or any related document and all costs and expenses, if any (including reasonable counsel fees and expenses), in connection with the enforcement of this Supplement and the other Related Documents and (y)&nbsp;all reasonable out of
pocket costs and expenses of the Administrative Agent (including, without limitation, reasonable fees and disbursements of counsel to the Administrative Agent) in connection with the administration of this Supplement and the other Related Documents.
Any payments made by ABRCF pursuant to this Section&nbsp;11.6 shall be made solely from funds available in the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Distribution Account for the payment of Article VII Costs, shall be <FONT
STYLE="white-space:nowrap">non-recourse</FONT> other than with respect to such funds, and shall not constitute a claim against ABRCF to the extent that insufficient funds exist to make such payment. The agreements in this Section shall survive the
termination of this Supplement and the Base Indenture and the payment of all amounts payable hereunder and thereunder. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;11.7.
Exhibits. The following exhibits attached hereto supplement the exhibits included in the Base Indenture. </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="82%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" ALIGN="center">


<TR>

<TD WIDTH="14%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="85%"></TD></TR>


<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="bottom"><U>Exhibit A:</U></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Forms of Variable Funding Note</P></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; font-size:10pt; font-family:Times New Roman"><U>Exhibit <FONT STYLE="white-space:nowrap">A-1:</FONT></U></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Form of Variable Funding Note, Class&nbsp;A</P></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; font-size:10pt; font-family:Times New Roman"><U>Exhibit <FONT STYLE="white-space:nowrap">A-2:</FONT></U></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Form of Variable Funding Note, Class&nbsp;R</P></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="4"></TD>
<TD HEIGHT="4" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="bottom"><U>Exhibit B:</U></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Form of Increase Notice</P></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="4"></TD>
<TD HEIGHT="4" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="bottom"><U>Exhibit C:</U></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Form of Consent</P></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="4"></TD>
<TD HEIGHT="4" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="bottom"><U>Exhibit D:</U></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Form of Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Demand Note</P></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="4"></TD>
<TD HEIGHT="4" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="bottom"><U>Exhibit E:</U></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Form of Multi-Series Letter of Credit</P></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="4"></TD>
<TD HEIGHT="4" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="bottom"><U>Exhibit F:</U></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Form of Lease Payment Deficit Notice</P></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="4"></TD>
<TD HEIGHT="4" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="bottom"><U>Exhibit G:</U></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Form of Demand Notice</P></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="4"></TD>
<TD HEIGHT="4" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="bottom"><U>Exhibit H:</U></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Form of Transfer Supplement</P></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="4"></TD>
<TD HEIGHT="4" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="bottom"><U>Exhibit I:</U></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Form of Purchaser Group Supplement</P></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="4"></TD>
<TD HEIGHT="4" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="bottom"><U>Exhibit J:</U></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Form of Supplemental Indenture No.&nbsp;4 to the Base Indenture</P></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="4"></TD>
<TD HEIGHT="4" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="bottom"><U>Exhibit K:</U></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Form of Amendment to the Master Exchange Agreement</P></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="4"></TD>
<TD HEIGHT="4" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="bottom"><U>Exhibit L:</U></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Form of Amendment to the AESOP I Operating Lease</P></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="4"></TD>
<TD HEIGHT="4" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="bottom"><U>Exhibit M:</U></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Form of Amendment to the Finance Lease</P></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="4"></TD>
<TD HEIGHT="4" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="bottom"><U>Exhibit N:</U></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Form of Amendment to the AESOP I Operating Lease Loan Agreement</P></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="4"></TD>
<TD HEIGHT="4" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="bottom"><U>Exhibit O:</U></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Form of Amendment to the AESOP I Finance Lease Loan Agreement</P></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="4"></TD>
<TD HEIGHT="4" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="bottom"><U>Exhibit P:</U></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Form of Class&nbsp;R Supplement</P></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="4"></TD>
<TD HEIGHT="4" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="bottom"><U>Exhibit Q:</U></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Form of Amendment to the Escrow Agreement</P></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="4"></TD>
<TD HEIGHT="4" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="bottom"><U>Exhibit R:</U></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Form of Amendment to Administration Agreement</P></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="4"></TD>
<TD HEIGHT="4" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="bottom"><U>Exhibit S:</U></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Form of Amendment to the AESOP II Operating Lease</P></TD></TR>
</TABLE> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;11.8. Ratification of Base Indenture. As supplemented by this Supplement, the Base Indenture is
in all respects ratified and confirmed and the Base Indenture as so supplemented by this Supplement shall be read, taken, and construed as one and the same instrument. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">129 </P>

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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;11.9. Counterparts. This Supplement may be executed in any number of
counterparts, each of which so executed shall be deemed to be an original, but all of such counterparts shall together constitute but one and the same instrument. Delivery of an executed counterpart of a signature page to this Supplement by
facsimile or electronic mail in a &#147;pdf&#148; file shall be effective as delivery of a manually executed counterpart of this Supplement. The parties agree that this Supplement may be executed and delivered by electronic signatures and that the
signatures appearing on this Supplement are the same as handwritten signatures for the purposes of validity, enforceability and admissibility. The words &#147;execution,&#148; &#147;signed,&#148; &#147;signature,&#148; &#147;delivery,&#148; and
words of like import in or relating to this Supplement or any document to be signed in connection with this Supplement shall be deemed to include electronic signatures, deliveries or the keeping of records in electronic form. Any document accepted,
executed or agreed to in conformity with such laws will be binding on all parties hereto to the same extent as if it were physically executed and each party hereby consents to the use of any third party electronic signature capture service providers
as may be reasonably chosen by a signatory hereto. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;11.10. Governing Law. This Supplement shall be construed in accordance
with the law of the State of New&nbsp;York, and the obligations, rights and remedies of the parties hereto shall be determined in accordance with such law. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;11.11. Amendments. This Supplement may be modified or amended from time to time in accordance with the terms of the Base
Indenture; <U>provided</U>, <U>however</U>, that if, pursuant to the terms of the Base Indenture or this Supplement, the consent of the Required Noteholders is required for an amendment or modification of this Supplement, such requirement shall be
satisfied if such amendment or modification is consented to by the Requisite Noteholders and the Class&nbsp;R Noteholders; <U>provided</U>, <U>further</U>, that any amendment that would materially and adversely affect any Series <FONT
STYLE="white-space:nowrap">2010-6</FONT> Noteholder shall also require that Standard&nbsp;&amp; Poor&#146;s has confirmed that such amendment shall not result in a withdrawal or downgrade of the rating of the Commercial Paper issued by, or for the
benefit of, any CP Conduit Purchaser whose Commercial Paper is rated by Standard&nbsp;&amp; Poor&#146;s at the time of such amendment; <U>provided</U>, <U>further</U>, that notwithstanding any of the foregoing to the contrary, the Administrative
Agent and ABRCF shall have the ability to replace the LIBO Rate with a Benchmark Replacement and the Administrative Agent and ABRCF shall have the ability to make any related Benchmark Replacement Conforming Changes in accordance with the terms of
Section&nbsp;7.4. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;11.12. Discharge of Indenture. Notwithstanding anything to the contrary contained in the Base Indenture,
no discharge of the Indenture pursuant to Section&nbsp;11.1(b) of the Base Indenture will be effective as to the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Notes without the consent of the Requisite Noteholders and the Class&nbsp;R
Noteholders. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;11.13. Capitalization of ABRCF. ABRCF agrees that on the Series <FONT STYLE="white-space:nowrap">2010-6</FONT>
Closing Date and on the date of any increase in the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Maximum Invested Amount it will have capitalization in an amount equal to or greater than 3% of the sum of (x)&nbsp;the Series <FONT
STYLE="white-space:nowrap">2010-6</FONT> Maximum Invested Amount and (y)&nbsp;the invested amount of each other Series of Notes outstanding on such date. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">130 </P>

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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;11.14. Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Demand Notes.
Other than pursuant to a demand thereon pursuant to Section&nbsp;3.5, ABRCF shall not reduce the amount of the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Demand Notes or forgive amounts payable thereunder so that the outstanding principal
amount of the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Demand Notes after such reduction or forgiveness is less than the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Allocated Multi-Series Letter of Credit Liquidity Amount.
ABRCF shall not agree to any amendment of the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Demand Notes without the consent of the Requisite Noteholders and without first satisfying the Rating Agency Confirmation Condition and the Rating
Agency Consent Condition. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;11.15. Termination of Supplement. This Supplement shall cease to be of further effect when all
outstanding Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Notes theretofore authenticated and issued have been delivered (other than destroyed, lost, or stolen Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Notes which have been
replaced or paid) to the Trustee for cancellation and ABRCF has paid all sums payable hereunder and, if the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Demand Note Payment Amount on the Multi-Series Letter of Credit Termination Date was
greater than zero, the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Cash Collateral Account Surplus shall equal zero, the Demand Note Preference Payment Amount shall have been reduced to zero and all amounts have been withdrawn from the
Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Cash Collateral Account in accordance with Section&nbsp;3.8(h). </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;11.16.
Collateral Representations and Warranties of ABRCF. ABRCF hereby represents and warrants to the Trustee, the Administrative Agent, each Funding Agent, each Purchaser Group and each Committed Note Purchaser that: </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:5%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(a) the Base Indenture creates a valid and continuing security interest (as defined in the applicable UCC) in the Collateral in
favor of the Trustee for the benefit of the Noteholders, which security interest is prior to all other liens, and is enforceable as such as against creditors of and purchasers from ABRCF. This Supplement will create a valid and continuing security
interest (as defined in the applicable UCC) in the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Collateral in favor of the Trustee for the benefit of the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Noteholders, which security
interest is prior to all other liens, and is enforceable as such as against creditors of and purchasers from ABRCF. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:5%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(b)
The Collateral and the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Collateral (in each case, other than the Vehicles) consist of &#147;instruments,&#148; &#147;general intangibles&#148; and &#147;deposit accounts&#148; within the meaning
of the applicable UCC. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:5%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(c) ABRCF owns and has good and marketable title to the Collateral and the Series <FONT
STYLE="white-space:nowrap">2010-6</FONT> Collateral free and clear of any lien, claim or encumbrance of any Person. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:5%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(d)
With respect to the portion of the Collateral that consists of instruments, all original executed copies of each instrument that constitute or evidence part of the Collateral have been delivered to the Trustee. None of the instruments that
constitute or evidence the Collateral have any marks or notations indicating that they have been pledged, assigned or otherwise conveyed to any Person other than the Trustee. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:5%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(e) With respect to the portion of the Collateral that consists of general intangibles, ABRCF has caused the filing of all
appropriate financing statements in the proper filing office in the appropriate jurisdictions under applicable law in order to perfect the security interest in the Collateral granted to the Trustee under the Base Indenture. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">131 </P>

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 <P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:5%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(f) With respect to the portion of the Collateral and the Series <FONT
STYLE="white-space:nowrap">2010-6</FONT> Collateral that consists of deposit or securities accounts maintained with a bank other than the Trustee (collectively, the &#147;<U>Bank Accounts</U>&#148;), ABRCF has delivered to the Trustee a fully
executed agreement pursuant to which the bank maintaining the Bank Accounts has agreed to comply with all instructions originated by the Trustee directing disposition of the funds in the Bank Accounts without further consent by ABRCF. The Bank
Accounts are not in the name of any person other than ABRCF or the Trustee. ABRCF has not consented to the bank maintaining the Bank Accounts to comply with instructions of any person other than the Trustee. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:5%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(g) Other than the security interest granted to the Trustee under the Base Indenture and this Supplement, ABRCF has not
pledged, assigned, sold, granted a security interest in, or otherwise conveyed any of the Collateral or the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Collateral. ABRCF has not authorized the filing of and is not aware of any financing
statements against ABRCF that includes a description of collateral covering the Collateral other than any financing statement under the Base Indenture or that has been terminated. ABRCF is not aware of any judgment or tax lien filings against ABRCF.
</P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:5%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(h) ABRCF has not authorized the filing of and is not aware of any financing statements against ABRCF that include a
description of collateral covering the Collateral other than any financing statements (i)&nbsp;relating to the security interest granted to the Trustee in the Base Indenture or (ii)&nbsp;that has been terminated. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;11.17. No Waiver; Cumulative Remedies. No failure to exercise and no delay in exercising, on the part of the Trustee, the
Administrative Agent, any <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser, any Funding Agent, any CP Conduit Purchaser or any APA Bank, any right, remedy, power or privilege hereunder shall operate as a waiver thereof; nor shall any
single or partial exercise of any right, remedy, power or privilege hereunder preclude any other or further exercise thereof or the exercise of any other right, remedy, power or privilege. The rights, remedies, powers and privileges herein provided
are cumulative and not exhaustive of any rights, remedies, powers and privileges provided by law. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;11.18. Waiver of Setoff.
Notwithstanding any other provision of this Supplement or any other agreement to the contrary, all payments to the Administrative Agent, the <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchasers, the Funding Agents, the CP Conduit
Purchasers and the APA Banks hereunder shall be made without <FONT STYLE="white-space:nowrap">set-off</FONT> or counterclaim. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;11.19. Notices. All notices, requests, instructions and demands to or upon any party hereto to be effective shall be given
(i)&nbsp;in the case of ABRCF, the Administrator and the Trustee, in the manner set forth in Section&nbsp;13.1 of the Base Indenture and (ii)&nbsp;in the case of the Administrative Agent, the <FONT STYLE="white-space:nowrap">Non-Conduit</FONT>
Purchasers, the Committed Note Purchaser, the CP Conduit Purchasers, the APA Banks and the Funding Agents, in writing, and, unless otherwise expressly provided herein, shall be deemed to have been duly given or made
</P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">132 </P>

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when delivered by hand or three days after being deposited in the mail, postage prepaid, in the case of facsimile or electronic mail notice, when received, or in the case of overnight air
courier, one Business Day after the date such notice is delivered to such overnight courier, addressed as follows in the case of the Administrative Agent and to the addresses therefor set forth in Schedule I, in the case of the <FONT
STYLE="white-space:nowrap">Non-Conduit</FONT> Purchasers, the Committed Note Purchaser, the CP Conduit Purchasers, the APA Banks and the Funding Agents; or to such other address as may be hereafter notified by the respective parties hereto: </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Administrative Agent: </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:9%; text-indent:4%; font-size:10pt; font-family:Times New Roman">JPMorgan Chase Bank, N.A. </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:9%; text-indent:4%; font-size:10pt; font-family:Times New Roman">c/o JPMorgan Securities LLC </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:9%; text-indent:4%; font-size:10pt; font-family:Times New Roman">10 South Dearborn - 16th Floor </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:9%; text-indent:4%; font-size:10pt; font-family:Times New Roman">Chicago, IL 60670 </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:9%; text-indent:4%; font-size:10pt; font-family:Times New Roman">Attention: Asset-Backed Finance </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:9%; text-indent:4%; font-size:10pt; font-family:Times New Roman">Fax (312) <FONT STYLE="white-space:nowrap">732-1844</FONT> </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;11.20. Confidential Information (a)&nbsp;The Trustee and each Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Noteholder
will maintain the confidentiality of all Confidential Information in accordance with procedures adopted by the Trustee or such Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Noteholder in good faith to protect Confidential Information of
third parties delivered to such Person; <U>provided</U>, that such Person may deliver or disclose Confidential Information to: (i)&nbsp;such Person&#146;s directors, trustees, officers, employees, agents, attorneys, independent or internal auditors
and affiliates who agree to hold confidential the Confidential Information substantially in accordance with the terms of this Section&nbsp;11.20; (ii)&nbsp;(x) such Person&#146;s financial advisors and other professional advisors or (y)&nbsp;in the
case of a CP Conduit Purchaser (or any administrative agent on its behalf), any collateral trustee appointed by such CP Conduit Purchaser in order to comply with Rule <FONT STYLE="white-space:nowrap">3a-7</FONT> under the Investment Company Act, in
each case, who agree to hold confidential the Confidential Information substantially in accordance with the terms of this Section&nbsp;11.20; (iii)&nbsp;any other Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Noteholder; (iv)&nbsp;any Person
of the type that would be, to such Person&#146;s knowledge, permitted to acquire Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Notes in accordance with the requirements of the Indenture to which such Person sells or offers to sell any such
Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Note or any part thereof or any participation therein and that agrees to hold confidential the Confidential Information substantially in accordance with this Section&nbsp;11.20 (or in accordance
with such other confidentiality procedures as are acceptable to ABRCF); (v) any federal or state or other regulatory, governmental or judicial authority having jurisdiction over such Person; (vi)&nbsp;the National Association of Insurance
Commissioners or any similar organization, or any nationally recognized rating agency that requires access to information about the investment portfolio of such Person, (vii)&nbsp;any reinsurers or liquidity or credit providers that agree to hold
confidential the Confidential Information substantially in accordance with this Section&nbsp;11.20 (or in accordance with such other confidentiality procedures as are acceptable to ABRCF); (viii) any Person acting as a placement agent or dealer with
respect to any commercial paper (provided that any Confidential Information provided to any such placement agent or dealer does not reveal the identity of ABG or any of its Affiliates); (ix) any other Person with the consent of ABRCF; or
(x)&nbsp;any other Person to which such delivery or disclosure may be necessary or appropriate (A)&nbsp;to effect compliance with any law, rule, regulation, statute or order applicable to such Person, (B)&nbsp;in response to any subpoena or other
legal process upon prior notice to ABRCF (unless </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">133 </P>

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prohibited by applicable law, rule, order or decree or other requirement having the force of law), (C) in connection with any litigation to which such Person is a party upon prior notice to ABRCF
(unless prohibited by applicable law, rule, order or decree or other requirement having the force of law) or (D)&nbsp;if an Amortization Event with respect to the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Notes has occurred and is
continuing, to the extent such Person may reasonably determine such delivery and disclosure to be necessary or appropriate in the enforcement or for the protection of the rights and remedies under the Series
<FONT STYLE="white-space:nowrap">2010-6</FONT> Notes, the Indenture or any other Related Document; and <U>provided</U>, <U>further</U>, <U>however</U>, that delivery to Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Noteholders of any report
or information required by the terms of the Indenture to be provided to Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Noteholders shall not be a violation of this Section&nbsp;11.20. Each Series <FONT STYLE="white-space:nowrap">2010-6</FONT>
Noteholder agrees, except as set forth in clauses (v), (vi) and (x)&nbsp;above, that it shall use the Confidential Information for the sole purpose of making an investment in the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Notes or
administering its investment in the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Notes. In the event of any required disclosure of the Confidential Information by such Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Noteholder, such
Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Noteholder agrees to use reasonable efforts to protect the confidentiality of the Confidential Information. Each Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Noteholder, by its
acceptance of a Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Note, will be deemed to have agreed to be bound by and to be entitled to the benefits of this Section&nbsp;11.20. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(b) For the purposes of this Section&nbsp;11.20, &#147;Confidential Information&#148; means information delivered to the Trustee or any Series
<FONT STYLE="white-space:nowrap">2010-6</FONT> Noteholder by or on behalf of ABRCF in connection with and relating to the transactions contemplated by or otherwise pursuant to the Indenture and the Related Documents; <U>provided</U>, that such term
does not include information that: (i)&nbsp;was publicly known or otherwise known to the Trustee or such Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Noteholder prior to the time of such disclosure; (ii)&nbsp;subsequently becomes publicly
known through no act or omission by the Trustee, any Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Noteholder or any person acting on behalf of the Trustee or any Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Noteholder;
(iii)&nbsp;otherwise is known or becomes known to the Trustee or any Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Noteholder other than (x)&nbsp;through disclosure by ABRCF or (y)&nbsp;as a result of the breach of a fiduciary duty to ABRCF
or a contractual duty to ABRCF; or (iv)&nbsp;is allowed to be treated as <FONT STYLE="white-space:nowrap">non-confidential</FONT> by consent of ABRCF. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;11.21. Information. (a)&nbsp;The Trustee shall promptly provide to the Administrative Agent a copy of each notice, opinion of
counsel, certificate or other item delivered to, or required to be provided by, the Trustee pursuant to this Supplement or any other Related Document. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(b) ABRCF shall promptly provide to the Administrative Agent a copy of the financial information and&nbsp;any other materials required to be
delivered to ABRCF pursuant to Section&nbsp;31.5(i) and (ii)&nbsp;under the Leases. The Administrative Agent shall provide copies of all such information and other materials furnished to it by ABRCF pursuant to this Section&nbsp;11.21 to each
Funding Agent and each <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;11.22. Waiver of Jury Trial, etc. EACH
OF THE PARTIES HERETO HEREBY KNOWINGLY, VOLUNTARILY AND INTENTIONALLY WAIVES (TO THE EXTENT PERMITTED BY APPLICABLE LAW) ANY RIGHTS IT MAY HAVE TO A TRIAL BY JURY IN RESPECT OF ANY LITIGATION BASED HEREON, OR ARISING OUT OF, UNDER, OR IN CONNECTION
WITH, THIS SUPPLEMENT, THE SERIES <FONT STYLE="white-space:nowrap">2010-6</FONT> NOTES OR ANY OTHER SERIES <FONT STYLE="white-space:nowrap">2010-6</FONT> DOCUMENTS, OR ANY COURSE OF CONDUCT, COURSE OF DEALING, STATEMENTS (WHETHER ORAL OR WRITTEN),
OR ACTIONS OF THE PARTIES HERETO. THIS PROVISION IS A MATERIAL INDUCEMENT FOR THE PARTIES HERETO TO ENTER INTO THIS SUPPLEMENT. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">134 </P>

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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;11.23. Submission to Jurisdiction. EACH OF THE PARTIES HERETO HEREBY
IRREVOCABLY SUBMITS (TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW) TO THE <FONT STYLE="white-space:nowrap">NON-EXCLUSIVE</FONT> JURISDICTION OF ANY NEW YORK STATE OR FEDERAL COURT SITTING IN THE BOROUGH OF MANHATTAN, NEW YORK CITY, STATE OF
NEW&nbsp;YORK, OVER ANY ACTION OR PROCEEDING ARISING OUT OF OR RELATING TO THIS SUPPLEMENT, THE SERIES <FONT STYLE="white-space:nowrap">2010-6</FONT> NOTES OR ANY OTHER SERIES <FONT STYLE="white-space:nowrap">2010-6</FONT> DOCUMENT AND EACH OF THE
PARTIES HERETO HEREBY IRREVOCABLY AGREES THAT ALL CLAIMS IN RESPECT OF SUCH ACTION OR PROCEEDING MAY BE HEARD AND DETERMINED IN SUCH NEW YORK STATE OR FEDERAL COURT. EACH OF THE PARTIES HERETO EACH HEREBY IRREVOCABLY WAIVES, TO THE FULLEST EXTENT
PERMITTED BY LAW, ANY OBJECTION EACH MAY NOW OR HEREAFTER HAVE, TO THE LAYING OF VENUE IN ANY SUCH ACTION OR PROCEEDING IN ANY SUCH COURT AS WELL AS ANY RIGHT EACH MAY NOW OR HEREAFTER HAVE, TO REMOVE ANY SUCH ACTION OR PROCEEDING, ONCE COMMENCED,
TO ANOTHER COURT ON THE GROUNDS OF <U>FORUM</U> <U>NON</U> <U>CONVENIENS</U> OR OTHERWISE. NOTHING CONTAINED HEREIN SHALL PRECLUDE ANY PARTY HERETO FROM BRINGING AN ACTION OR PROCEEDING ARISING OUT OF OR RELATING TO THIS SUPPLEMENT, THE SERIES <FONT
STYLE="white-space:nowrap">2010-6</FONT> NOTES OR ANY OTHER SERIES <FONT STYLE="white-space:nowrap">2010-6</FONT> DOCUMENT IN ANY OTHER COUNTRY, STATE OR PLACE HAVING JURISDICTION OVER SUCH ACTION OR PROCEEDING. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;11.24. Addition of Purchaser Group; Reallocation of Commitments. Pursuant to Section&nbsp;2.6(e) of the Third A&amp;R Series <FONT
STYLE="white-space:nowrap">2010-6</FONT> Supplement, ABRCF hereby adds Versailles Assets LLC as an Additional CP Conduit Purchaser (the &#147;Natixis Conduit&#148;), Natixis, New York Branch as the Related Additional APA Bank (together, with the
Natixis Conduit, the &#147;Natixis Purchaser Group&#148;) and Natixis, New York Branch as the related Additional Funding Agent with the applicable Maximum Purchaser Group Invested Amount set forth on Schedule I to this Supplement. The Purchaser
Group Addition Date with respect to such addition shall be the A&amp;R Effective Date. By its execution hereof, (x)&nbsp;the Administrative Agent consents to such additions and (y)&nbsp;the Administrative Agent and each other Purchaser Group waive
any advance notice requirement pursuant to Section&nbsp;2.6(e) of the Third A&amp;R Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Supplement solely in connection with such additions. The parties hereto agree and acknowledge that the Natixis
Purchaser Group takes the interests being assigned hereunder by the other Purchaser Groups without recourse, representation or warranty from such Purchaser Groups. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;11.25. Consent to Certain Amendments. Each Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Noteholder, by executing this
Supplement, hereby agrees and consents to (i)&nbsp;the execution by ABRCF of a Supplemental Indenture to the Base Indenture substantially in the form of <U>Exhibit&nbsp;J</U> hereto, (ii)&nbsp;the execution of an amendment to the Master Exchange
Agreement substantially in the form of <U>Exhibit&nbsp;K</U> hereto, (iii)&nbsp;the execution of an amendment to the AESOP I Operating </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">135 </P>

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Lease in the form of <U>Exhibit L</U> hereto, (iv)&nbsp;the execution of an amendment to the Finance Lease in the form of <U>Exhibit M</U> hereto, (v)&nbsp;the execution of an amendment to the
AESOP I Operating Lease Loan Agreement in the form of <U>Exhibit N</U> hereto, (vi)&nbsp;the execution of an amendment to the AESOP I Finance Lease Loan Agreement in the form of <U>Exhibit O</U> hereto, (vii)&nbsp;the execution of an amendment to
the Escrow Agreement in the form of <U>Exhibit Q</U> hereto, (viii)&nbsp;the execution of an amendment to the Administration Agreement in the form of <U>Exhibit R</U> hereto and (ix)&nbsp;the execution of an amendment to the AESOP II Operating Lease
substantially in the form of <U>Exhibit S</U> hereto. Such agreement and consent will apply to each proposed amendment set forth in <U>Exhibits J</U>, <U>K</U>, <U>L</U>, <U>M</U>, <U>N</U>, <U>O</U>, <U>Q</U>, <U>R</U> and <U>S</U> individually,
and the failure to adopt any of the amendments set forth therein will not revoke the agreement and consent with respect to any other amendment. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;11.26. U.S. Patriot Act Notice. Each Funding Agent and <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser that is
subject to the requirements of the U.S. Patriot Act (Title III of Pub.: <FONT STYLE="white-space:nowrap">107-56</FONT> (the &#147;<U>Patriot Act</U>&#148;) hereby notifies ABRCF that, pursuant to Section&nbsp;326 thereof, it is required to obtain,
verify and record information that identifies ABRCF, including the name and address of ABRCF and other information allowing such Funding Agent and <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser to identify ABRCF in accordance with the
Patriot Act. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;11.27. <U>Acknowledgement Regarding Any Supported QFCs</U>. (a)&nbsp;To the extent that the Related Documents
provide support, through a guarantee or otherwise, for any Swap Agreement (including any Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Interest Rate Cap) or any other agreement or instrument that is a QFC (such support, &#147;<U>QFC Credit
Support</U>&#148;, and each such QFC, a &#147;<U>Supported QFC</U>&#148;), the parties acknowledge and agree as follows with respect to the resolution power of the Federal Deposit Insurance Corporation under the Federal Deposit Insurance Act and
Title II of the Dodd-Frank Act (together with the regulations promulgated thereunder, the &#147;<U>U.S. Special Resolution Regimes</U>&#148;) in respect of such Supported QFC and QFC Credit Support (with the provisions below applicable
notwithstanding that the Related Documents and any Supported QFC may in fact be stated to be governed by the laws of the State of New York and/or of the United States or any other state of the United States): (b) In the event a Covered Entity that
is party to a Supported QFC (each, a &#147;<U>Covered Party</U>&#148;) becomes subject to a proceeding under a U.S. Special Resolution Regime, the transfer of such Supported QFC and the benefit of such QFC Credit Support (and any interest and
obligation in or under such Supported QFC and such QFC Credit Support, and any rights in property securing such Supported QFC or such QFC Credit Support) from such Covered Party will be effective to the same extent as the transfer would be effective
under the U.S. Special Resolution Regime if the Supported QFC and such QFC Credit Support (and any such interest, obligation and rights in property) were governed by the laws of the United States or a state of the United States. In the event a
Covered Party or a BHC Act Affiliate of a Covered Party becomes subject to a proceeding under a U.S. Special Resolution Regime, Default Rights under the Related Documents that might otherwise apply to such Supported QFC or any QFC Credit Support
that may be exercised against such Covered Party are permitted to be exercised to no greater extent than such Default Rights could be exercised under the U.S. Special Resolution Regime if the Supported QFC and the Transaction Documents were governed
by the laws of the United States or a state of the United States. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:5%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(b) As used in this
<U>Section</U><U></U><U>&nbsp;11.27</U>, the following terms have the following meanings: </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">136 </P>

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 <P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:5%; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#147;<U>BHC Act Affiliate</U>&#148; of a party means an
&#147;affiliate&#148; (as such term is defined under, and interpreted in accordance with, 12 U.S.C. 1841(k)) of such party. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:5%; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#147;<U>Covered Entity</U>&#148; means any of the following: (i)&nbsp;a &#147;covered entity&#148; as that term is defined in,
and interpreted in accordance with, 12 C.F.R. &#167;&nbsp;252.82(b); (ii) a &#147;covered bank&#148; as that term is defined in, and interpreted in accordance with, 12 C.F.R. &#167;&nbsp;47.3(b); or (iii)&nbsp;a &#147;covered FSI&#148; as that term
is defined in, and interpreted in accordance with, 12&nbsp;C.F.R. &#167;&nbsp;382.2(b). </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:5%; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#147;<U>Default Right</U>&#148;
has the meaning assigned to that term in, and shall be interpreted in accordance with, 12 C.F.R. &#167;&#167; 252.81, 47.2 or 382.1, as applicable. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman"><B>&#147;</B><U>QFC</U>&#148;<B> </B>has the meaning assigned to the term &#147;qualified financial contract&#148; in, and shall be
interpreted in accordance with, 12 U.S.C. 5390(c)(8)(D). </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;11.28. <U>Acknowledgement and Consent to <FONT
STYLE="white-space:nowrap">Bail-In</FONT> </U><U>of Affected Financial Institutions</U>. Notwithstanding anything to the contrary in this Supplement, in any Related Document or in any other agreement, arrangement or understanding among any such
parties, each party hereto acknowledges that any liability of any Affected Financial Institution arising under this Supplement or any Related Document may be subject to the Write-Down and Conversion Powers of the applicable Resolution Authority and
agrees and consents to, and acknowledges and agrees to be bound by: </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(a) the application of any Write-Down and Conversion Powers by the
applicable Resolution Authority to any such liabilities arising hereunder which may be payable to it by any party hereto that is an Affected Financial Institution; and </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(b) the effects of any <FONT STYLE="white-space:nowrap">Bail-In</FONT> Action on any such liability, including, if applicable: </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:5%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(i) a reduction in full or in part or cancellation of any such liability; </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:5%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(ii) a conversion of all, or a portion of, such liability into shares or other instruments of ownership in such Affected
Financial Institution, its parent entity, or a bridge institution that may be issued to it or otherwise conferred on it, and that such shares or other instruments of ownership will be accepted by it in lieu of any rights with respect to any such
liability under this Agreement or any other Loan Document; or </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:5%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(iii) the variation of the terms of such liability in
connection with the exercise of the Write-Down and Conversion Powers of the applicable Resolution Authority. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">137 </P>

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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">IN WITNESS WHEREOF, each of the parties hereto have caused this Supplement to be duly
executed by their respective duly authorized officers as of the date above first written. </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><DIV ALIGN="right">
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<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" COLSPAN="3"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">AVIS BUDGET RENTAL CAR FUNDING (AESOP) LLC, as Issuer</P></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">By:</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000">/s/ David Calabria</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">Name: David Calabria</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">Title: &nbsp;&nbsp;Senior Vice President and Treasurer</TD></TR>
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<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" COLSPAN="3"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">THE BANK OF NEW YORK MELLON TRUST COMPANY, N.A., as Trustee and Series <FONT
STYLE="white-space:nowrap">2010-6</FONT> Agent</P></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">By:</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000">/s/ Mitchell L. Brumwell</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">Name: Mitchell L. Brumwell</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">Title: &nbsp;&nbsp;Vice President</TD></TR>
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<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" COLSPAN="3"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">JPMORGAN CHASE BANK, N.A., as Administrative Agent</P></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">By:</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000">/s/ Adam J. Klimek</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">Name: Adam J. Klimek</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">Title: &nbsp;&nbsp;Executive Director</TD></TR>
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 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">AGREED, ACKNOWLEDGED AND CONSENTED: </P>
<P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
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<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" COLSPAN="3"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">LIBERTY STREET FUNDING LLC,<BR>as a CP Conduit Purchaser under the Series <FONT
STYLE="white-space:nowrap">2010-6</FONT> Supplement</P></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">By:</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000">/s/ Kevin J. Corrigan</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">Name: Kevin J. Corrigan</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">Title: &nbsp;&nbsp;Vice President</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="24" COLSPAN="3"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" COLSPAN="3"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">THE BANK OF NOVA SCOTIA,<BR>as a Funding Agent and an APA Bank under the Series <FONT
STYLE="white-space:nowrap">2010-6</FONT> Supplement</P></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">By:</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000">/s/ Douglas Noe</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">Name: Douglas Noe</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">Title: &nbsp;&nbsp;Managing Director</TD></TR>
</TABLE>
</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">

<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="40%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt">


<TR>

<TD WIDTH="7%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="92%"></TD></TR>


<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" COLSPAN="3"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">CAFCO, LLC,<BR>as a CP Conduit Purchaser under the Series <FONT
STYLE="white-space:nowrap">2010-6</FONT> Supplement</P></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">By:</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">Citibank, N.A., as</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"><FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">Attorney-in-fact</FONT></FONT></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">By:</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000">/s/ Linda Moses</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">Name: Linda Moses</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">Title: &nbsp;&nbsp;Vice President</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="24" COLSPAN="3"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" COLSPAN="3"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">CHARTA, LLC,<BR>as a CP Conduit Purchaser under the Series <FONT
STYLE="white-space:nowrap">2010-6</FONT> Supplement</P></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">By:</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">Citibank, N.A., as</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"><FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">Attorney-in-fact</FONT></FONT></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">By:</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000">/s/ Linda Moses</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">Name: Linda Moses</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">Title: &nbsp;&nbsp;Vice President</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="24" COLSPAN="3"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" COLSPAN="3"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">CIESCO, LLC,<BR>as a CP Conduit Purchaser under the Series <FONT
STYLE="white-space:nowrap">2010-6</FONT> Supplement</P></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">By:</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">Citibank, N.A., as</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"><FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">Attorney-in-fact</FONT></FONT></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">By:</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000">/s/ Linda Moses</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">Name: Linda Moses</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">Title: &nbsp;&nbsp;Vice President</TD></TR>
</TABLE>
</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">

<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="40%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt">


<TR>

<TD WIDTH="7%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="92%"></TD></TR>


<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" COLSPAN="3"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">CRC FUNDING, LLC,<BR>as a CP Conduit Purchaser under the Series <FONT
STYLE="white-space:nowrap">2010-6</FONT> Supplement</P></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">By:</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">Citibank, N.A., as</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"><FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">Attorney-in-fact</FONT></FONT></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">By:</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000">/s/ Linda Moses</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">Name: Linda Moses</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">Title: &nbsp;&nbsp;Vice President</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="24" COLSPAN="3"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" COLSPAN="3"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">CITIBANK, N.A.,<BR>as an APA Bank under the Series
<FONT STYLE="white-space:nowrap">2010-6</FONT> Supplement</P></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">By:</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000">/s/ Gerard Drumm</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Name: Gerard Drumm</P></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Title: &nbsp;&nbsp;Vice President</P></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="24" COLSPAN="3"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" COLSPAN="3"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">CITIBANK, N.A.,<BR>as a Funding Agent under the Series
<FONT STYLE="white-space:nowrap">2010-6</FONT> Supplement</P></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">By:</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000">/s/ Gerard Drumm</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Name: Gerard Drumm</P></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Title: &nbsp;&nbsp;Vice President</P></TD></TR>
</TABLE>
</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">

<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="40%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt">


<TR>

<TD WIDTH="7%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="92%"></TD></TR>


<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" COLSPAN="3"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">BARTON CAPITAL S.A.,<BR>as a CP Conduit Purchaser under the Series <FONT
STYLE="white-space:nowrap">2010-6</FONT> Supplement</P></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">By:</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000">/s/ Martin Finan</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Name: Martin Finan</P></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Title: &nbsp;&nbsp;Managing Director</P></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="24" COLSPAN="3"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" COLSPAN="3"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">SOCIETE GENERALE,<BR>as a Funding Agent and an APA Bank under the Series <FONT
STYLE="white-space:nowrap">2010-6</FONT> Supplement</P></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">By:</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000">/s/ Martin Finan</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Name: Martin Finan</P></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Title: &nbsp;&nbsp;Managing Director</P></TD></TR>
</TABLE>
</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">

<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="40%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt">


<TR>

<TD WIDTH="7%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="92%"></TD></TR>


<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" COLSPAN="3"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">CHARIOT FUNDING LLC,<BR>as a CP Conduit Purchaser under the Series <FONT
STYLE="white-space:nowrap">2010-6</FONT> Supplement</P></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">By:</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000">/s/ Adam J. Klimek</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Name: Adam J. Klimek</P></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Title: &nbsp;&nbsp;Executive Director</P></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="24" COLSPAN="3"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" COLSPAN="3"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">JPMORGAN CHASE BANK, N.A.<BR>as a Funding Agent under the Series <FONT
STYLE="white-space:nowrap">2010-6</FONT> Supplement</P></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">By:</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000">/s/ Adam J. Klimek</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Name: Adam J. Klimek</P></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Title: &nbsp;&nbsp;Executive Director</P></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="24" COLSPAN="3"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" COLSPAN="3"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">JPMORGAN CHASE BANK, N.A.<BR>as an APA Bank under the Series <FONT
STYLE="white-space:nowrap">2010-6</FONT> Supplement</P></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">By:</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000">/s/ Adam J. Klimek</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Name: Adam J. Klimek</P></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Title: &nbsp;&nbsp;Executive Director</P></TD></TR>
</TABLE>
</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">

<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="40%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt">


<TR>

<TD WIDTH="7%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="92%"></TD></TR>


<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" COLSPAN="3"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">ATLANTIC ASSET SECURITIZATION LLC,<BR>as a CP Conduit Purchaser under the Series <FONT
STYLE="white-space:nowrap">2010-6</FONT> Supplement</P></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">By:</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000">/s/ Roger Klepper</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Name: Roger Klepper</P></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Title: &nbsp;&nbsp;Managing Director</P></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">By:</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000">/s/ Michael Guarda</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Name: Michael Guarda</P></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Title: &nbsp;&nbsp;Managing Director</P></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="24" COLSPAN="3"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" COLSPAN="3"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">CREDIT AGRICOLE CORPORATE AND INVESTMENT BANK,<BR>as a Funding Agent and an APA Bank
under the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Supplement</P></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">By:</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000">/s/ Roger Klepper</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Name: Roger Klepper</P></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Title: &nbsp;&nbsp;Managing Director</P></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">By:</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000">/s/ Michael Guarda</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Name: Michael Guarda</P></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Title: &nbsp;&nbsp;Managing Director</P></TD></TR>
</TABLE>
</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">

<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="40%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt">


<TR>

<TD WIDTH="7%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="92%"></TD></TR>


<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" COLSPAN="3"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">BANK OF AMERICA, NATIONAL ASSOCIATION,<BR>as a
<FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser under the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Supplement</P></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">By:</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000">/s/ Carl W. Anderson</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Name: Carl W. Anderson</P></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Title: &nbsp;&nbsp;Managing Director</P></TD></TR>
</TABLE>
</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">

<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="40%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt">


<TR>

<TD WIDTH="7%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="92%"></TD></TR>


<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" COLSPAN="3"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">THUNDER BAY FUNDING, LLC,<BR>as a CP Conduit Purchaser under the Series <FONT
STYLE="white-space:nowrap">2010-6</FONT> Supplement</P></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">By:</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">Royal Bank of Canada, as</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"><FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">Attorney-in-fact</FONT></FONT></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">By:</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000">/s/ Kevin P. Wilson</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">Name: Kevin P. Wilson</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">Title: &nbsp;&nbsp;Authorized Signatory</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="24" COLSPAN="3"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" COLSPAN="3"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">ROYAL BANK OF CANADA,<BR>as a Funding Agent and an APA Bank under the Series <FONT
STYLE="white-space:nowrap">2010-6</FONT> Supplement</P></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">By:</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000">/s/ Kevin P. Wilson</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Name: Kevin P. Wilson</P></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Title: &nbsp;&nbsp;Authorized Signatory</P></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">By:</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000">/s/ Lisa Wang</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Name: Lisa Wang</P></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Title: &nbsp;&nbsp;Authorized Signatory</P></TD></TR>
</TABLE>
</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">

<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="40%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt">


<TR>

<TD WIDTH="7%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="92%"></TD></TR>


<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" COLSPAN="3"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">STARBIRD FUNDING CORPORATION,<BR>as a CP Conduit Purchaser under the Series <FONT
STYLE="white-space:nowrap">2010-6</FONT> Supplement</P></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">By:</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000">/s/ David V. DeAngelis</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Name: David V. DeAngelis</P></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Title: &nbsp;&nbsp;Vice President</P></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="24" COLSPAN="3"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" COLSPAN="3"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">BNP PARIBAS,<BR>as a Funding Agent and an APA Bank under the Series <FONT
STYLE="white-space:nowrap">2010-6</FONT> Supplement</P></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">By:</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000">/s/ Steven Parsons</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Name: Steven Parsons</P></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Title: &nbsp;&nbsp;Managing Director</P></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">By:</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000">/s/ Jonathan Banks</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Name: Jonathan Banks</P></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Title: &nbsp;&nbsp;Director</P></TD></TR>
</TABLE>
</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">

<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="40%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt">


<TR>

<TD WIDTH="7%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="92%"></TD></TR>


<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" COLSPAN="3"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">BANK OF MONTREAL,<BR>as an APA Bank under the Series
<FONT STYLE="white-space:nowrap">2010-6</FONT> Supplement</P></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">By:</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000">/s/ Karen Louie</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Name: Karen Louie</P></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Title: &nbsp;&nbsp;Director</P></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="24" COLSPAN="3"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" COLSPAN="3"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">FAIRWAY FINANCE COMPANY, LLC,<BR>as a CP Conduit Purchaser under the Series <FONT
STYLE="white-space:nowrap">2010-6</FONT> Supplement</P></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">By:</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000">/s/ Denise Veidt</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Name:</P></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Title:&nbsp;&nbsp;</P></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="24" COLSPAN="3"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" COLSPAN="3"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">BMO CAPITAL MARKETS CORP.,<BR>as Funding Agent under the Series <FONT
STYLE="white-space:nowrap">2010-6</FONT> Supplement</P></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">By:</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000">/s/ Matt Peters</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Name: Matt Peters</P></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Title: &nbsp;&nbsp;Managing Director</P></TD></TR>
</TABLE>
</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">

<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="40%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt">


<TR>

<TD WIDTH="7%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="92%"></TD></TR>


<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" COLSPAN="3"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">VICTORY RECEIVABLES CORPORATION,<BR>as CP Conduit Purchaser under the Series <FONT
STYLE="white-space:nowrap">2010-6</FONT> Supplement</P></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">By:</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000">/s/ Kevin J. Corrigan</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Name: Kevin J. Corrigan</P></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Title:</P></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="24" COLSPAN="3"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" COLSPAN="3"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">MUFG BANK, LTD. F/K/A THE BANK OF TOKYO-MITSUBISHI UFJ, LTD.,<BR>as Funding Agent
under the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Supplement</P></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">By:</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000">/s/ Christopher Pohl</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Name: Christopher Pohl</P></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Title: &nbsp;&nbsp;Managing Director</P></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="24" COLSPAN="3"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" COLSPAN="3"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">MUFG BANK, LTD. F/K/A THE BANK OF TOKYO-MITSUBISHI UFJ, LTD.,<BR>as an APA Bank under
the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Supplement</P></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">By:</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000">/s/ Christopher Pohl</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Name: Christopher Pohl</P></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Title: &nbsp;&nbsp;Managing Director</P></TD></TR>
</TABLE>
</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">

<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="40%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt">


<TR>

<TD WIDTH="7%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="92%"></TD></TR>


<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" COLSPAN="3"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">LLOYDS BANK PLC,<BR>as a <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser
under the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Supplement</P></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">By:</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000">/s/ Pascal Richard</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Name: Pascal Richard</P></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Title: &nbsp;&nbsp;Director</P></TD></TR>
</TABLE>
</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">

<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="40%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt">


<TR>

<TD WIDTH="7%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="92%"></TD></TR>


<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" COLSPAN="3"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">TRUIST BANK,<BR>as a <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser
under the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Supplement</P></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">By:</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000">/s/ Emily Shields</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Name: Emily Shields</P></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Title: &nbsp;&nbsp;Senior Vice President</P></TD></TR>
</TABLE>
</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">

<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="40%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt">


<TR>

<TD WIDTH="7%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="45%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="46%"></TD></TR>


<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" COLSPAN="5"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">VERSAILLES ASSETS LLC,<BR>as CP Conduit Purchaser under the Series <FONT
STYLE="white-space:nowrap">2010-6</FONT> Supplement</P></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">By:</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000">/s/ Damian Perez</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">Name: Damian Perez</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">Title:</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="24" COLSPAN="5"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" COLSPAN="5"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">NATIXIS, NEW YORK BRANCH,<BR>as Funding Agent under the Series <FONT
STYLE="white-space:nowrap">2010-6</FONT> Supplement</P></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">By:</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000">/s/ Terrence&nbsp;Gregersen</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000">/s/ Chad Johnson</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:10pt; font-family:Times New Roman">Name: Terrence Gregersen</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">Chad Johnson</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">Title: &nbsp;&nbsp;Executive Director</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">Managing Director</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="24" COLSPAN="5"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" COLSPAN="5"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">NATIXIS, NEW YORK BRANCH,<BR>as an APA Bank under the Series <FONT
STYLE="white-space:nowrap">2010-6</FONT> Supplement</P></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">By:</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000">/s/ Terrence Gregersen</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000">/s/ Chad Johnson</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">Name: Terrence Gregersen</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">Chad Johnson</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">Title: &nbsp;&nbsp;Executive Director</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">Managing Director</TD></TR>
</TABLE>
</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">

<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="40%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt">


<TR>

<TD WIDTH="7%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="92%"></TD></TR>


<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" COLSPAN="3"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">AESOP LEASING, L.P.,<BR>as a Committed Note Purchaser under the Series <FONT
STYLE="white-space:nowrap">2010-6</FONT> Supplement</P></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">By:</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000">/s/ David Calabria</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Name: David Calabria</P></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Title: &nbsp;&nbsp;Senior Vice President and Treasurer</P></TD></TR>
</TABLE>
</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">

<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="40%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt">


<TR>

<TD WIDTH="7%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="92%"></TD></TR>


<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" COLSPAN="3"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">AVIS BUDGET CAR RENTAL, LLC,<BR>as Administrator</P></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">By:</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000">/s/ David Calabria</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Name: David Calabria</P></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Title: &nbsp;&nbsp;Senior Vice President and Treasurer</P></TD></TR>
</TABLE>
</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><U>SCHEDULE I TO FOURTH AMENDED AND RESTATED SERIES
<FONT STYLE="white-space:nowrap">2010-6</FONT> SUPPLEMENT </U></P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B><U>CP Conduit Purchaser Groups </U></B></P>
<P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" ALIGN="center">


<TR>

<TD WIDTH="1%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="8%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="14%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="14%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="14%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="14%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="14%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="14%"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:8pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:Times New Roman" ALIGN="center">CP Conduit</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:Times New Roman" ALIGN="center">APA Bank</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:Times New Roman" ALIGN="center">Funding Agent</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:Times New Roman" ALIGN="center">APA Bank<BR>Percentage</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:Times New Roman" ALIGN="center">Maximum<BR>Purchaser Group<BR>Invested Amount</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:Times New Roman" ALIGN="center">Conduit Type</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:Times New Roman" ALIGN="center">Purchased<BR>Percentage</P></TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" ALIGN="center">1.</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">Liberty Street Funding LLC</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">The Bank of Nova Scotia</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">The Bank of Nova Scotia</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">100%</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">$200,000,000</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">Pooled Funding Conduit Purchaser</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">8.8889%</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" ALIGN="center">2.</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">Chariot Funding LLC</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">JPMorgan Chase Bank, N.A.</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">JPMorgan Chase Bank, N.A.</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">100%</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">$300,000,000</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">Pooled Funding Conduit Purchaser</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">13.3333%</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" ALIGN="center">3.</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">Atlantic Asset Securitization LLC</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">Credit Agricole Corporate and Investment Bank</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">Credit Agricole Corporate and Investment Bank</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">100%</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">$200,000,000</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">Pooled Funding Conduit Purchaser</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">8.8889%</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" ALIGN="center">4.</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">Starbird Funding Corporation</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">BNP Paribas</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">BNP Paribas</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">100%</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">$150,000,000</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">Pooled Funding Conduit Purchaser</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">6.6667%</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" ALIGN="center">5.</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">Victory Receivables Corporation</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">MUFG Bank, Ltd. f/k/a The Bank of Tokyo-Mitsubishi UFJ, Ltd.</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">MUFG Bank, Ltd. f/k/a/ The Bank of Tokyo-Mitsubishi UFJ, Ltd.</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">100%</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">$150,000,000</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">Pooled Funding Conduit Purchaser</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">6.6667%</TD></TR></TABLE>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">1 </P>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">

<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" ALIGN="center">


<TR>

<TD WIDTH="2%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="13%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="13%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="13%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="13%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="13%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="13%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="13%"></TD></TR>

<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:8pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:Times New Roman" ALIGN="center">CP Conduit</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:Times New Roman" ALIGN="center">APA Bank</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:Times New Roman" ALIGN="center">Funding Agent</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:Times New Roman" ALIGN="center">APA Bank<BR>Percentage</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:Times New Roman" ALIGN="center">Maximum<BR>Purchaser Group<BR>Invested Amount</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:Times New Roman" ALIGN="center">Conduit Type</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:Times New Roman" ALIGN="center">Purchased<BR>Percentage</P></TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" ALIGN="center">6.</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">Fairway Finance Company, LLC</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">Bank of Montreal</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">BMO Capital Markets Corp.</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">100%</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">$125,000,000</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">Pooled Funding Conduit Purchaser</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">5.5556%</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" ALIGN="center">7.</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">Thunder Bay Funding, LLC</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">Royal Bank of Canada</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">Royal Bank of Canada</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">100%</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">$200,000,000</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">Pooled Funding Conduit Purchaser</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">8.8889%</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" ALIGN="center">8.</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">Barton Capital S.A.</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">Societe Generale</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">Societe Generale</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">100%</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">$150,000,000</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">Pooled Funding Conduit Purchaser</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">6.6667%</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" ALIGN="center">9.</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">CAFCO, LLC</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">CHARTA, LLC</P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">CIESCO, LLC</P> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:10pt; font-family:Times New Roman">CRC Funding, LLC</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">Citibank, N.A.</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">Citibank, N.A.</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">100%</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">$250,000,000</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">Pooled Funding Conduit Purchaser</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">11.1111%</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" ALIGN="center">10.</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">Versailles Assets LLC</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">Natixis, New York Branch</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">Natixis, New York Branch</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">100%</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">$100,000,000</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">Pooled Funding Conduit Purchaser</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">4.4444%</TD></TR>
</TABLE>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">2 </P>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B><U><FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchasers </U></B></P>
<P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="68%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" ALIGN="center">


<TR>

<TD WIDTH="1%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="32%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="32%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="32%"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:8pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:Times New Roman" ALIGN="center"><FONT STYLE="white-space:nowrap">Non-Conduit</FONT>
Purchaser</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:Times New Roman" ALIGN="center">Maximum Purchaser Group Invested Amount</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:Times New Roman" ALIGN="center">Purchased Percentage</P></TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" ALIGN="center">1.</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Bank of America, National Association</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">$200,000,000</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">8.8889%</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" ALIGN="center">2.</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Truist Bank</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">$125,000,000</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">5.5556%</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" ALIGN="center">3.</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Lloyds Bank plc</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">$100,000,000</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">4.4444%</TD></TR>
</TABLE>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">3 </P>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B><U>Committed Note Purchasers </U></B></P>
<P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="68%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:8pt" ALIGN="center">


<TR>

<TD WIDTH="1%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="32%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="32%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="32%"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:8pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:Times New Roman" ALIGN="center">Committed Note Purchaser</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:Times New Roman" ALIGN="center">Class&nbsp;R Maximum Invested Amount</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:Times New Roman" ALIGN="center">Purchased Percentage</P></TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" ALIGN="center">1.</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">AESOP Leasing, L.P.</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="center">$118,250,000 (or such higher amount as provided in accordance with Section&nbsp;2.6(a) herein)</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="center">100.00%</TD></TR>
</TABLE>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">4 </P>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>TABLE OF CONTENTS </B></P>
<P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" ALIGN="center">


<TR>

<TD WIDTH="10%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="86%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:8pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Page</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" COLSPAN="3"> <P STYLE="margin-top:0pt; margin-bottom:1pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">ARTICLE I DEFINITIONS</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">3</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="8" COLSPAN="3"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" COLSPAN="3"> <P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">ARTICLE II PURCHASE AND SALE OF SERIES <FONT STYLE="white-space:nowrap">2010-6</FONT>
NOTES; INCREASES AND</P> <P STYLE="margin-top:0pt; margin-bottom:1pt; margin-left:7.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">&nbsp;&nbsp;DECREASES OF SERIES <FONT STYLE="white-space:nowrap">2010-6</FONT> INVESTED
AMOUNT</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">50</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;2.1.</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Purchases of the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Notes</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">50</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;2.2.</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Delivery</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">51</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;2.3.</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Procedure for Initial Issuance and for Increasing the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Invested Amount</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">52</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;2.4.</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Sales by CP Conduit Purchasers of Class&nbsp;A Notes to APA Banks</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">56</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;2.5.</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Procedure for Decreasing the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Invested Amount; Optional Termination</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">56</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;2.6.</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Increases and Reductions of the Commitments; Extensions of the Commitments; Replacement of Purchaser Groups</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">57</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;2.7.</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Interest; Fees</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">61</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;2.8.</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Indemnification by ABRCF</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">63</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;2.9.</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Funding Agents</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">64</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="8" COLSPAN="3"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" COLSPAN="3"> <P STYLE="margin-top:0pt; margin-bottom:1pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">ARTICLE III SERIES <FONT STYLE="white-space:nowrap">2010-6</FONT> ALLOCATIONS</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">65</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;3.1.</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Establishment of Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Collection Account, Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Excess Collection Account and Series <FONT STYLE="white-space:nowrap">2010-6</FONT>
Accrued Interest Account.</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">65</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;3.2.</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Allocations with Respect to the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Notes</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">66</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;3.3.</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Payments to Noteholders</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">70</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;3.4.</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Payment of Class&nbsp;A Senior Note Interest, Commitment Fees, Contingent Monthly Funding Costs and Class&nbsp;R Monthly Note Interest</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">75</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;3.5.</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Payment of Note Principal.</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">77</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;3.6.</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Administrator&#146;s Failure to Instruct the Trustee to Make a Deposit or Payment</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">81</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;3.7.</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Reserve Account</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">82</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;3.8.</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Multi-Series Letters of Credit and Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Cash Collateral Account.</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">84</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;3.9.</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Distribution Account.</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">89</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;3.10.</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Demand Notes Constitute Additional Collateral for Class&nbsp;A Notes</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">90</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;3.11.</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Interest Rate Caps</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">91</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;3.12.</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Payments to Funding Agents, Purchaser Groups</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">91</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;3.13.</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Subordination of the Class&nbsp;R Notes</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">92</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR></TABLE>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">(i) </P>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>TABLE OF CONTENTS </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">(Continued) </P> <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" ALIGN="center">


<TR>

<TD WIDTH="10%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="85%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>

<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:8pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Page</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR STYLE="font-size:1pt">
<TD HEIGHT="8" COLSPAN="3"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" COLSPAN="3"> <P STYLE="margin-top:0pt; margin-bottom:1pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">ARTICLE IV AMORTIZATION EVENTS</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">92</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="8" COLSPAN="3"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" COLSPAN="3"> <P STYLE="margin-top:0pt; margin-bottom:1pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">ARTICLE V RIGHT TO WAIVE PURCHASE RESTRICTIONS</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">95</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="8" COLSPAN="3"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" COLSPAN="3"> <P STYLE="margin-top:0pt; margin-bottom:1pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">ARTICLE VI CONDITIONS PRECEDENT</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">96</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;6.1.</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Conditions Precedent to Effectiveness of the Original Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Supplement</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">96</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;6.2.</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Conditions Precedent to Effectiveness of this Supplement</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">100</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="8" COLSPAN="3"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" COLSPAN="3"> <P STYLE="margin-top:0pt; margin-bottom:1pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">ARTICLE VII CHANGE IN CIRCUMSTANCES</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">102</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;7.1.</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Increased Costs</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">102</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;7.2.</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Taxes</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">103</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;7.3.</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Break Funding Payments</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">106</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;7.4.</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Alternate Rate of Interest</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">107</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;7.5.</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Mitigation Obligations</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">110</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="8" COLSPAN="3"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" COLSPAN="3"> <P STYLE="margin-top:0pt; margin-bottom:1pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">ARTICLE VIII REPRESENTATIONS AND WARRANTIES, COVENANTS</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">110</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;8.1.</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Representations and Warranties of ABRCF and the Administrator</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">110</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;8.2.</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Covenants of ABRCF and the Administrator</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">112</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="8" COLSPAN="3"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" COLSPAN="3"> <P STYLE="margin-top:0pt; margin-bottom:1pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">ARTICLE IX THE ADMINISTRATIVE AGENT</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">116</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;9.1.</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Appointment</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">116</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;9.2.</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Delegation of Duties</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">116</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;9.3.</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Exculpatory Provisions</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">116</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;9.4.</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Reliance by Administrative Agent</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">117</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;9.5.</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Notice of Administrator Default or Amortization Event or Potential Amortization Event</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">117</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;9.6.</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"><FONT STYLE="white-space:nowrap">Non-Reliance</FONT> on the Administrative Agent and Other Purchaser Groups</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">118</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;9.7.</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Indemnification</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">118</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;9.8.</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">The Administrative Agent in Its Individual Capacity</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">119</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;9.9.</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Resignation of Administrative Agent; Successor Administrative Agent</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">119</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;9.10.</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Erroneous Payments</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">119</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="8" COLSPAN="3"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" COLSPAN="3"> <P STYLE="margin-top:0pt; margin-bottom:1pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">ARTICLE X THE FUNDING AGENTS</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">120</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;10.1.</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Appointment</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">120</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;10.2.</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Delegation of Duties</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">121</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;10.3.</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Exculpatory Provisions</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">121</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;10.4.</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Reliance by Each Funding Agent</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">121</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;10.5.</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Notice of Administrator Default or Amortization Event or Potential Amortization Event</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">122</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;10.6.</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"><FONT STYLE="white-space:nowrap">Non-Reliance</FONT> on Each Funding Agent and Other CP Conduit Purchaser Groups</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">122</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR></TABLE>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">(ii) </P>

</DIV></Center>


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<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


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 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>TABLE OF CONTENTS </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">(Continued) </P> <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>

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<TD WIDTH="11%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="84%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>

<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:8pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Page</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;10.7.</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Indemnification</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">122</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="8" COLSPAN="3"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" COLSPAN="3"> <P STYLE="margin-top:0pt; margin-bottom:1pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">ARTICLE XI GENERAL</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">123</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;11.1.</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Successors and Assigns</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">123</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;11.2.</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Securities Law</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">126</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;11.3.</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Adjustments; <FONT STYLE="white-space:nowrap">Set-off</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">127</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;11.4.</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">No Bankruptcy Petition</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">127</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;11.5.</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Limited Recourse</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">128</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;11.6.</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Costs and Expenses</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">128</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;11.7.</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Exhibits</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">129</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;11.8.</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Ratification of Base Indenture</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">129</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;11.9.</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Counterparts</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">130</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;11.10.</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Governing Law</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">130</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;11.11.</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Amendments</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">130</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;11.12.</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Discharge of Indenture</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">130</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;11.13.</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Capitalization of ABRCF</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">130</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;11.14.</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Demand Notes</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">131</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;11.15.</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Termination of Supplement</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">131</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;11.16.</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Collateral Representations and Warranties of ABRCF</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">131</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;11.17.</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">No Waiver; Cumulative Remedies</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">132</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;11.18.</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Waiver of Setoff</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">132</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;11.19.</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Notices</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">132</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;11.20.</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Confidential Information</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">133</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;11.21.</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Information</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">134</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;11.22.</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Waiver of Jury Trial, etc.</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">134</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;11.23.</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Submission to Jurisdiction</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">135</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;11.24.</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Addition of Purchaser Group; Reallocation of Commitments</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">135</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;11.25.</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Consent to Certain Amendments</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">135</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;11.26.</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">U.S. Patriot Act Notice</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">136</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;11.27.</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Acknowledgement and Consent to <FONT STYLE="white-space:nowrap">Bail-In</FONT> of EEA Financial Institutions</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">137</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
</TABLE>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">(iii) </P>

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<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="right"><B>Exhibit 10.5 </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="right">EXECUTION VERSION </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">AVIS BUDGET
RENTAL CAR FUNDING (AESOP) LLC, </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">as Issuer </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">AVIS BUDGET CAR RENTAL, LLC, </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">as
Administrator </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">JPMORGAN CHASE BANK, N.A., </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">as Administrative Agent </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">CERTAIN <FONT
STYLE="white-space:nowrap">NON-CONDUIT</FONT> PURCHASERS, </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">CERTAIN CP CONDUIT PURCHASERS, </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">CERTAIN COMMITTED NOTE PURCHASERS, </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">CERTAIN FUNDING AGENTS, </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">CERTAIN
APA BANKS </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">and </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">THE BANK OF
NEW YORK MELLON TRUST COMPANY, N.A., </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">as Trustee and Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Agent </P>
<P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><center> <P STYLE="line-height:6.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1.00pt solid #000000;width:21%">&nbsp;</P></center>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">SECOND AMENDED AND RESTATED SERIES <FONT STYLE="white-space:nowrap">2015-3</FONT> SUPPLEMENT </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">dated as of June&nbsp;18, 2021 </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">to
</P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">SECOND AMENDED AND RESTATED BASE INDENTURE </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">dated as of June&nbsp;3, 2004 </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><center>
<P STYLE="line-height:6.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1.00pt solid #000000;width:21%">&nbsp;</P></center>
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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">SECOND AMENDED AND RESTATED SERIES <FONT STYLE="white-space:nowrap">2015-3</FONT>
SUPPLEMENT, dated as of June&nbsp;18, 2021 (this &#147;<U>Supplement</U>&#148;), among AVIS BUDGET RENTAL CAR FUNDING (AESOP) LLC, a special purpose limited liability company established under the laws of Delaware (&#147;<U>ABRCF</U>&#148;), AVIS
BUDGET CAR RENTAL, LLC, a limited liability company established under the laws of Delaware (&#147;<U>ABCR</U>&#148;), as administrator (the &#147;<U>Administrator</U>&#148;), JPMORGAN CHASE BANK, N.A. (&#147;<U>JPMorgan Chase</U>&#148;), in its
capacity as administrative agent for the Purchaser Groups (the &#147;<U>Administrative Agent</U>&#148;), the <FONT STYLE="white-space:nowrap">NON-CONDUIT</FONT> PURCHASERS from time to time party hereto, the COMMITTED NOTE PURCHASERS from time to
time party hereto, the CP CONDUIT PURCHASER GROUPS from time to time party hereto, the FUNDING AGENTS for the CP Conduit Purchaser Groups from time to time party hereto and THE BANK OF NEW YORK MELLON TRUST COMPANY, N.A. (as successor in interest to
The Bank of New York), a national banking association, as trustee (in such capacity, the &#147;<U>Trustee</U>&#148;) and as agent for the benefit of the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Noteholders (in such capacity, the
&#147;<U>Series</U><U></U><U><FONT STYLE="white-space:nowrap">&nbsp;2015-3</FONT> Agent</U>&#148;), to the Second Amended and Restated Base Indenture, dated as of June&nbsp;3, 2004, between ABRCF and the Trustee (as amended, modified or supplemented
from time to time, exclusive of Supplements creating a new Series of Notes, the &#147;<U>Base Indenture</U>&#148;).<SUP STYLE="font-size:85%; vertical-align:top">1</SUP> </P>
<P STYLE="margin-top:24pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>PRELIMINARY STATEMENT </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">WHEREAS, ABRCF, the Administrator, the Administrative Agent, certain CP Conduit Purchasers, APA Banks, Funding Agents and <FONT
STYLE="white-space:nowrap">Non-Conduit</FONT> Purchasers, the Trustee and the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Agent entered into the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Supplement, dated as of
November&nbsp;19, 2015 (the &#147;<U>Original Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Supplement</U>&#148;), pursuant to which the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Notes were issued; </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">WHEREAS, ABRCF, the Administrator, the Administrative Agent, certain CP Conduit Purchasers, certain Committed Note Purchasers, APA Banks,
Funding Agents and <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchasers, the Trustee and the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Agent entered into the Amended and Restated Series
<FONT STYLE="white-space:nowrap">2015-3</FONT> Supplement, dated as of August&nbsp;16, 2018 (as amended, the &#147;<U>A&amp;R Series 2015</U><U><FONT STYLE="white-space:nowrap">-3</FONT> Supplement</U>&#148;), pursuant to which ABRCF amended and
restated the Original Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Supplement in its entirety, with the consent of the Requisite Noteholders; </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">WHEREAS, pursuant to Section&nbsp;12.2 of the Base Indenture, any Supplement may be amended with the consent of ABRCF, the Trustee, any
applicable Enhancement Provider and the Required Noteholders of a Series of Notes; </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">WHEREAS, pursuant to Section&nbsp;11.11 of the A&amp;R
Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Supplement, the requirement contained in Section&nbsp;12.2 of the Base Indenture shall be satisfied upon attaining the consent of the Requisite Noteholders; and </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">WHEREAS, ABRCF desires to amend and restate the A&amp;R Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Supplement. </P>
<P STYLE="line-height:8.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #000000;width:11%">&nbsp;</P>
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<TD WIDTH="4%" VALIGN="top" ALIGN="left"><SUP STYLE="font-size:85%; vertical-align:top">1</SUP>&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">NTD: Draft remains subject to review by W&amp;C Tax and W&amp;C London. </P></TD></TR></TABLE>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">1 </P>

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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">NOW, THEREFORE, the parties hereto agree as follows: </P>
<P STYLE="margin-top:24pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>DESIGNATION </B></P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">A Series of
Notes was created and issued pursuant to the Base Indenture and the Original Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Supplement and such Series of Notes was designated generally as &#147;Variable Funding Rental Car Asset Backed Notes,
Series <FONT STYLE="white-space:nowrap">2015-3.&#148;The</FONT> Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Notes were issued in two Classes, the first of which is known as the &#147;Class&nbsp;A Notes&#148; and the second of which is
known as the &#147;Class&nbsp;R Notes.&#148; </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">As of the date hereof, ABRCF has issued (i)&nbsp;one tranche of Class&nbsp;A Notes, which
was designated as the &#147;Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Variable Funding Rental Car Asset Backed Notes, Class&nbsp;A&#148; and (ii)&nbsp;one tranche of Class&nbsp;R Notes, which was designated as the &#147;Series <FONT
STYLE="white-space:nowrap">2015-3</FONT> Variable Funding Rental Car Asset Backed Notes, Class&nbsp;R.&#148; The Class&nbsp;A Notes and the Class&nbsp;R Notes constitute the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Notes. The
Class&nbsp;R Notes shall be subordinated in right of payment to the Class&nbsp;A Notes, to the extent set forth herein. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">The proceeds from
the initial sale of the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Notes were deposited in the Collection Account and were paid to ABRCF and used to make Loans under the Loan Agreements to the extent that the Borrowers had requested Loans
thereunder and Eligible Vehicles were available for acquisition or refinancing thereunder on the date of the Original Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Supplement. Any such portion of proceeds not so used to make Loans shall be
deemed to be Principal Collections. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">The Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Notes are a
<FONT STYLE="white-space:nowrap">non-Segregated</FONT> Series of Notes (as more fully described in the Base Indenture). Accordingly, all references in this Supplement to &#147;all&#148; Series of Notes (and all references in this Supplement to terms
defined in the Base Indenture that contain references to &#147;all&#148; Series of Notes) shall refer to all Series of Notes other than Segregated Series of Notes. </P>
<P STYLE="margin-top:24pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>ARTICLE I </B></P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>DEFINITIONS
</B></P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(a) All capitalized terms not otherwise defined herein are defined in the Definitions List attached to the Base Indenture as Schedule
I thereto. All Article, Section, Subsection, Exhibit or Schedule references herein shall refer to Articles, Sections, Subsections, Exhibits or Schedules of this Supplement, except as otherwise provided herein. Unless otherwise stated herein, as the
context otherwise requires or if such term is otherwise defined in the Base Indenture, each capitalized term used or defined herein shall relate only to the <FONT STYLE="white-space:nowrap">Series&nbsp;2015-3</FONT> Notes and not to any other Series
of Notes issued by ABRCF. In the event that a term used herein shall be defined both herein and in the Base Indenture, the definition of such term herein shall govern. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(b) The following words and phrases shall have the following meanings with respect to the Series
<FONT STYLE="white-space:nowrap">2015-3</FONT> Notes and the definitions of such terms are applicable to the singular as well as the plural form of such terms and to the masculine as well as the feminine and neuter genders of such terms: </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>A&amp;R Documents</U>&#148; is defined in Section&nbsp;6.2. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">2 </P>

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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>A&amp;R Effective Date</U>&#148; is defined in Section&nbsp;6.2. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>ABCR</U>&#148; is defined in the recitals hereto. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>ABG</U>&#148; means Avis Budget Group, Inc. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>ABRCF</U>&#148; is defined in the recitals hereto. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Accounts</U>&#148; means the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Accrued Interest Account, the Series <FONT
STYLE="white-space:nowrap">2015-3</FONT> Cash Collateral Account, the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Collection Account, the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Distribution Account, the Series <FONT
STYLE="white-space:nowrap">2015-3</FONT> Excess Collection Account and the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Reserve Account. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Acquiring APA Bank</U>&#148; is defined in Section&nbsp;11.1(c). </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Acquiring Purchaser Group</U>&#148; is defined in Section&nbsp;11.1(e). </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Additional CP Conduit Purchaser</U>&#148; is defined in Section&nbsp;2.6(e). </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Additional Funding Agent</U>&#148; is defined in Section&nbsp;2.6(e). </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Additional <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser</U>&#148; is defined in Section&nbsp;2.6(e). </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Adjusted LIBO Rate</U>&#148; means, with respect to each day during each Eurodollar Period, pertaining to a portion of the Purchaser
Group Invested Amount with respect to any CP Conduit Purchaser Group allocated to a Eurodollar Tranche, an interest rate per annum (rounded upwards, if necessary, to the nearest 1/16<SUP STYLE="font-size:85%; vertical-align:top">th</SUP> of 1%)
equal to the LIBO Rate for such Eurodollar Period multiplied by the Statutory Reserve Rate. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Adjusted Net Book Value</U>&#148;
means, as of any date of determination, with respect to each Adjusted Program Vehicle as of such date, the product of 0.965 and the Net Book Value of such Adjusted Program Vehicle as of such date. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Administrative Agent</U>&#148; is defined in the recitals hereto. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Administrator</U>&#148; is defined in the recitals hereto. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>AESOP II DBRS Excluded Manufacturer Amount</U>&#148; means, as of any date of determination, an amount equal to the excess, if any,
of (x)&nbsp;the sum of the following amounts with respect to each DBRS <FONT STYLE="white-space:nowrap">Non-Investment</FONT> Grade Manufacturer as of such date: the product of (1)&nbsp;to the extent such amounts are included in the calculation of
the AESOP II Loan Agreement Borrowing Base as of such date, all amounts receivable, as of such date, by AESOP Leasing II from such DBRS <FONT STYLE="white-space:nowrap">Non-Investment</FONT> Grade Manufacturer and (2)&nbsp;the DBRS Excluded
Manufacturer Receivable Specified Percentage for such DBRS <FONT STYLE="white-space:nowrap">Non-Investment</FONT> Grade Manufacturer as of such date over (y)&nbsp;the sum of the following amounts with respect to each DBRS <FONT
STYLE="white-space:nowrap">Non-Investment</FONT> Grade Manufacturer as of such date: the product of (i)&nbsp;the aggregate Net Book Value of any Vehicles subject to a Manufacturer Program from such Manufacturer that have had a Turnback Date but for
which (A)&nbsp;AESOP Leasing II or its Permitted Nominee continues to be named as the owner of the Vehicle on the Certificate of Title for such Vehicle and (B)&nbsp;AESOP Leasing II or its agent continues to hold the Certificate of Title for such
Vehicle and (ii)&nbsp;the DBRS Turnback Vehicle Specified Percentage for such DBRS <FONT STYLE="white-space:nowrap">Non-Investment</FONT> Grade Manufacturer as of such date. </P>
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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Affected Financial Institution</U>&#148; means (a)&nbsp;any EEA Financial
Institution or (b)&nbsp;any UK Financial Institution. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Affected Party</U>&#148; means any
<FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser, CP Conduit Purchaser and any Program Support Provider with respect to any CP Conduit Purchaser. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Alternate Base Rate</U>&#148; means, for any day, a rate per annum equal to the greatest of (a)&nbsp;the Prime Rate in effect on such
day, (b)&nbsp;the Federal Funds Rate in effect on such day plus <SUP STYLE="vertical-align:top">1</SUP>&#8260;<SUB STYLE="vertical-align:bottom">2</SUB> of 1% and (c)&nbsp;the LIBO Rate in effect on such date plus 1%. Any change in the Alternate
Base Rate due to a change in the Prime Rate, the Federal Funds Effective Rate or the LIBO Rate shall be effective from and including the effective day of such change in the Prime Rate, the Federal Funds Effective Rate or the LIBO Rate, respectively.
If the Alternate Base Rate is being used as an alternate rate of interest to the LIBO Rate (for the avoidance of doubt, only until the Benchmark Replacement has been determined pursuant to Section&nbsp;7.4(b)), then the Alternate Base Rate shall be
the greater of clauses (a)&nbsp;and (b) above and shall be determined without reference to clause (c)&nbsp;above. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Anti-Corruption Laws</U>&#148; means all laws, rules, and regulations of any jurisdiction applicable to ABCR or its Affiliates from
time to time concerning or relating to bribery or corruption. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>APA Bank</U>&#148; means, with respect to a CP Conduit Purchaser,
each bank or other Person set forth opposite the name of such CP Conduit Purchaser on Schedule I or in the Purchaser Group Supplement pursuant to which such CP Conduit Purchaser became a party to this Supplement and any assignee thereof, to the
extent such assignee has assumed all or a portion of the Commitments of an APA Bank pursuant to a Transfer Supplement entered into in accordance with <U>Section</U><U></U><U>&nbsp;11.1(c)</U>. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>APA Bank Funded Amount</U>&#148; means, with respect to any CP Conduit Purchaser Group for any day, the excess, if any, of the
Purchaser Group Invested Amount with respect to such CP Conduit Purchaser Group over the CP Conduit Funded Amount with respect to such CP Conduit Purchaser Group for such day. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>APA Bank Participants</U>&#148; is defined in Section&nbsp;11.1(d). </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>APA Bank Percentage</U>&#148; means, with respect to any APA Bank, the percentage set forth opposite the name of such APA Bank on
Schedule I or the Transfer Supplement or the Purchaser Group Supplement pursuant to which such APA Bank became a party to this Supplement. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Applicable Margin</U>&#148; is defined in the Fee Letter. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>ARAC</U>&#148; means Avis Rent A Car System, LLC. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">4 </P>

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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Article VII Costs</U>&#148; means any amounts due pursuant to Article VII and any
interest accrued on such amounts pursuant to Section&nbsp;3.4. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Asset Purchase Agreement</U>&#148; means, with respect to any CP
Conduit Purchaser, the asset purchase agreement, liquidity agreement or other agreement among such CP Conduit Purchaser, the Funding Agent with respect to such CP Conduit Purchaser and the APA Bank with respect to such CP Conduit Purchaser, as
amended, modified or supplemented from time to time. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Available APA Bank Funding Amount</U>&#148; means, with respect to any CP
Conduit Purchaser Group for any Business Day, the sum of (i)&nbsp;the portion of such CP Conduit Purchaser Group&#146;s Commitment Percentage of the Class&nbsp;A Initial Invested Amount not to be funded by such CP Conduit Purchaser Group by issuing
Commercial Paper if such Business Day is the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Closing Date, (ii)&nbsp;the portion of the APA Bank Funded Amount with respect to such CP Conduit Purchaser Group not allocated to a Eurodollar
Tranche on such Business Day, (iii)&nbsp;the portion of the APA Bank Funded Amount with respect to such CP Conduit Purchaser Group allocated to any Eurodollar Tranche the Eurodollar Period in respect of which expires on such Business Day and
(iv)&nbsp;the portion of such CP Conduit Purchaser Group&#146;s Purchaser Group Increase Amount for such Business Day not to be funded by such CP Conduit Purchaser Group by issuing Commercial Paper. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Available CP Funding Amount</U>&#148; means, with respect to any CP Conduit Purchaser Group for any Business Day, the sum of
(i)&nbsp;the portion of such CP Conduit Purchaser Group&#146;s Commitment Percentage of the Class&nbsp;A Initial Invested Amount to be funded by such CP Conduit Purchaser Group by issuing Commercial Paper if such Business Day is the Series <FONT
STYLE="white-space:nowrap">2015-3</FONT> Closing Date, (ii)&nbsp;the portion of the CP Conduit Funded Amount with respect to such CP Conduit Purchaser Group allocated to any CP Tranche, the CP Rate Period in respect of which expires on such Business
Day and (iii)&nbsp;the portion of such CP Conduit Purchaser Group&#146;s Purchaser Group Increase Amount for such Business Day to be funded by such CP Conduit Purchaser Group by issuing Commercial Paper. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Available Tenor</U>&#148; means, as of any date of determination and with respect to the then-current Benchmark, as applicable, any
tenor for such Benchmark (or component thereof) or payment period for interest calculated with reference to such Benchmark (or component thereof), as applicable, that is or may be used for determining the length of an Interest Period for any term
rate or otherwise, or for determining any frequency of making payments of interest calculated pursuant to this Supplement as of such date and not including, for the avoidance of doubt, any tenor for such Benchmark that is then-removed from the
definition of &#147;Interest Period&#148; pursuant to Section&nbsp;7.4(f). </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U><FONT STYLE="white-space:nowrap">Bail-In</FONT>
Action</U>&#148; means the exercise of any Write-Down and Conversion Powers by the applicable Resolution Authority in respect of any liability of an Affected Financial Institution. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U><FONT STYLE="white-space:nowrap">Bail-In</FONT> Legislation</U>&#148; means (a)&nbsp;with respect to any EEA Member Country
implementing Article 55 of Directive 2014/59/EU of the European Parliament and of the Council of the European Union, the implementing law, regulation, rule or requirement for such EEA Member Country from time to time which is described in the EU <FONT
STYLE="white-space:nowrap">Bail-In</FONT> Legislation Schedule and </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">5 </P>

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(b) with respect to the United Kingdom, Part I of the United Kingdom Banking Act 2009 (as amended from time to time) and any other law, regulation or rule applicable in the United Kingdom
relating to the resolution of unsound or failing banks, investment firms or other financial institutions or their affiliates (other than through liquidation, administration or other insolvency proceedings). </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Bank Accounts</U>&#148; is defined in Section&nbsp;11.16(f). </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Basel II</U>&#148; means the revised Basel Accord prepared by the Basel Committee on Banking Supervision as set out in the
publication entitled &#147;International Convergence of Capital Measurements and Capital Standards: a Revised Framework,&#148; as updated from time to time, and any rules, regulations, guidance, requests, interpretations or directives from any
Official Body relating thereto (whether or not having the force of law). </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Basel III</U>&#148; means the revised Basel Accord
prepared by the Basel Committee on Banking Supervision as set out in the publication entitled &#147;A Global Regulatory Framework for More Resilient Banks and Banking Systems,&#148; as updated from time to time, and any rules, regulations, guidance,
requests, interpretations or directives from any Official Body relating thereto (whether or not having the force of law). </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Benchmark</U>&#148; means, initially, the LIBO Rate; <U>provided</U> that if a Benchmark Transition Event, a Term SOFR Transition
Event or an Early <FONT STYLE="white-space:nowrap">Opt-in</FONT> Election, as applicable, and its related Benchmark Replacement Date have occurred with respect to the LIBO Rate or the then-current Benchmark, then &#147;Benchmark&#148; means the
applicable Benchmark Replacement to the extent that such Benchmark Replacement has replaced such prior benchmark rate pursuant to Section&nbsp;7.4(b) or Section&nbsp;7.4(c). </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Benchmark Replacement</U>&#148; means, for any Available Tenor, the first alternative set forth in the order below that can be
determined by the Administrative Agent for the applicable Benchmark Replacement Date: </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(1) the sum of: (a)&nbsp;Term SOFR and (b)&nbsp;the
related Benchmark Replacement Adjustment; </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(2) the sum of: (a)&nbsp;Daily Simple SOFR and (b)&nbsp;the related Benchmark Replacement
Adjustment; </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(3) the sum of: (a)&nbsp;the alternate benchmark rate that has been selected by the Administrative Agent and ABRCF as the
replacement for the then-current Benchmark for the applicable Corresponding Tenor giving due consideration to (i)&nbsp;any selection or recommendation of a replacement benchmark rate or the mechanism for determining such a rate by the Relevant
Governmental Body or (ii)&nbsp;any evolving or then-prevailing market convention for determining a benchmark rate as a replacement for the then-current Benchmark for U.S. dollar-denominated syndicated credit facilities at such time and (b)&nbsp;the
related Benchmark Replacement Adjustment; <U>provided</U> that, in the case of clause (1), such Unadjusted Benchmark Replacement is displayed on a screen or other information service that publishes such rate from time to time as selected by the
Administrative Agent in its reasonable discretion; <U>provided</U>, <U>further</U>, that, notwithstanding anything to the contrary in this Supplement or in any other Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Document, upon the
</P>
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occurrence of a Term SOFR Transition Event, and the delivery of a Term SOFR Notice, on the applicable Benchmark Replacement Date the &#147;Benchmark Replacement&#148; shall revert to and shall be
deemed to be the sum of (a)&nbsp;Term SOFR and (b)&nbsp;the related Benchmark Replacement Adjustment, as set forth in clause (1)&nbsp;of this definition (subject to the first proviso above). </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">If the Benchmark Replacement as determined pursuant to clause (1), (2) or (3)&nbsp;above would be less than the Floor, the Benchmark
Replacement will be deemed to be the Floor for the purposes of this Supplement and the other Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Documents. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Benchmark Replacement Adjustment</U>&#148; means, with respect to any replacement of the then-current Benchmark with an Unadjusted
Benchmark Replacement for any applicable Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Interest Period or Eurodollar Period and Available Tenor for any setting of such Unadjusted Benchmark Replacement: </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(1) for purposes of clauses (1)&nbsp;and (2) of the definition of &#147;Benchmark Replacement,&#148; the first alternative set forth in the
order below that can be determined by the Administrative Agent: </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:9%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(a) the spread adjustment, or method for calculating or
determining such spread adjustment, (which may be a positive or negative value or zero) as of the Reference Time such Benchmark Replacement is first set for such Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Interest Period or Eurodollar
Period that has been selected or recommended by the Relevant Governmental Body for the replacement of such Benchmark with the applicable Unadjusted Benchmark Replacement for the applicable Corresponding Tenor; </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:9%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(b) the spread adjustment (which may be a positive or negative value or zero) as of the Reference Time such Benchmark
Replacement is first set for such Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Interest Period or Eurodollar Period that would apply to the fallback rate for a derivative transaction referencing the ISDA Definitions to be effective upon an
index cessation event with respect to such Benchmark for the applicable Corresponding Tenor; and </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(2) for purposes of clause (3)&nbsp;of
the definition of &#147;Benchmark Replacement,&#148; the spread adjustment, or method for calculating or determining such spread adjustment, (which may be a positive or negative value or zero) that has been selected by the Administrative Agent and
ABRCF for the applicable Corresponding Tenor giving due consideration to (i)&nbsp;any selection or recommendation of a spread adjustment, or method for calculating or determining such spread adjustment, for the replacement of such Benchmark with the
applicable Unadjusted Benchmark Replacement by the Relevant Governmental Body on the applicable Benchmark Replacement Date and/or (ii)&nbsp;any evolving or then-prevailing market convention for determining a spread adjustment, or method for
calculating or determining such spread adjustment, for the replacement of such Benchmark with the applicable Unadjusted Benchmark Replacement for U.S. dollar-denominated syndicated credit facilities at such time; </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><U>provided</U> that, in the case of clause (1)&nbsp;above, such adjustment is displayed on a screen or other information service that publishes such
Benchmark Replacement Adjustment from time to time as selected by the Administrative Agent in its reasonable discretion. </P>
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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Benchmark Replacement Conforming Changes</U>&#148; means, with respect to any
Benchmark Replacement, any technical, administrative or operational changes (including changes to the definitions of &#147;Alternate Base Rate,&#148; &#147;LIBO Rate,&#148; &#147;Adjusted LIBO Rate,&#148; &#147;LIBO Screen Rate,&#148; &#147;Business
Day,&#148; &#147;Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Interest Period,&#148; and &#147;Eurodollar Period,&#148; timing and frequency of determining rates and making payments of interest and other technical, administrative or
operational matters) that the Administrative Agent decides may be appropriate to reflect the adoption and implementation of such Benchmark Replacement and to permit the administration thereof by the Administrative Agent in a manner substantially
consistent with market practice (or, if the Administrative Agent decides that adoption of any portion of such market practice is not administratively feasible or if the Administrative Agent determines that no market practice for the administration
of such Benchmark Replacement exists, in such other manner of administration as the Administrative Agent decides is reasonably necessary in connection with the administration of this Supplement and the other Series
<FONT STYLE="white-space:nowrap">2015-3</FONT> Documents). </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Benchmark Replacement Date</U>&#148; means the earliest to occur of
the following events with respect to the then-current Benchmark: </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(1) in the case of clause (1)&nbsp;or (2) of the definition of
&#147;Benchmark Transition Event,&#148; the later of (a)&nbsp;the date of the public statement or publication of information referenced therein and (b)&nbsp;the date on which the administrator of such Benchmark (or the published component used in
the calculation thereof) permanently or indefinitely ceases to provide all Available Tenors of such Benchmark (or such component thereof); </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(2) in the case of clause (3)&nbsp;of the definition of &#147;Benchmark Transition Event,&#148; the first date on which such Benchmark (or the
published component used in the calculation thereof) has been determined and announced by the regulatory supervisor for the administrator of such Benchmark (or component thereof) to be no longer representative; provided that such <FONT
STYLE="white-space:nowrap">non-representativeness</FONT> will be determined by reference to the most recent statement or publication referenced in such clause (3)&nbsp;and even if any Available Tenor of such Benchmark (or component thereof)
continues to be provided on such date; </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(3) in the case of a Term SOFR Transition Event, the date that is thirty (30)&nbsp;days after the
date a Term SOFR Notice is provided to ABRCF, the Trustee and each Purchaser Group pursuant to Section&nbsp;7.4(c); or </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(4) in the case of
an Early <FONT STYLE="white-space:nowrap">Opt-in</FONT> Election, the sixth (6<SUP STYLE="font-size:85%; vertical-align:top">th</SUP>) Business Day after the date notice of such Early <FONT STYLE="white-space:nowrap">Opt-in</FONT> Election is
provided to ABRCF, the Trustee and each Purchaser Group, so long as the Administrative Agent has not received, by 5:00 p.m. (New York City time) on the fifth (5<SUP STYLE="font-size:85%; vertical-align:top">th</SUP>) Business Day after the date
notice of such Early <FONT STYLE="white-space:nowrap">Opt-in</FONT> Election is provided to ABRCF, the Trustee and each Purchaser Group, written notice of objection to such Early <FONT STYLE="white-space:nowrap">Opt-in</FONT> Election from the
Requisite Noteholders. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">For the avoidance of doubt, (i)&nbsp;if the event giving rise to the Benchmark Replacement Date occurs on the same day as, but
earlier than, the Reference Time in respect of any determination, the Benchmark Replacement Date will be deemed to have occurred prior to the Reference Time for such determination and (ii)&nbsp;the &#147;Benchmark Replacement Date&#148; will be
deemed to have occurred in the case of clause (1)&nbsp;or (2) with respect to any Benchmark upon the occurrence of the applicable event or events set forth therein with respect to all then-current Available Tenors of such Benchmark (or the published
component used in the calculation thereof). </P>
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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Benchmark Transition Event</U>&#148; means the occurrence of one or more of the
following events with respect to the then-current Benchmark: </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(1) a public statement or publication of information by or on behalf of the
administrator of such Benchmark (or the published component used in the calculation thereof) announcing that such administrator has ceased or will cease to provide all Available Tenors of such Benchmark (or such component thereof), permanently or
indefinitely, <U>provided</U> that, at the time of such statement or publication, there is no successor administrator that will continue to provide any Available Tenor of such Benchmark (or such component thereof); </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(2) a public statement or publication of information by the regulatory supervisor for the administrator of such Benchmark (or the published
component used in the calculation thereof), the Board, the NYFRB, an insolvency official with jurisdiction over the administrator for such Benchmark (or such component), a resolution authority with jurisdiction over the administrator for such
Benchmark (or such component) or a court or an entity with similar insolvency or resolution authority over the administrator for such Benchmark (or such component), which states that the administrator of such Benchmark (or such component) has ceased
or will cease to provide all Available Tenors of such Benchmark (or such component thereof) permanently or indefinitely, <U>provided</U> that, at the time of such statement or publication, there is no successor administrator that will continue to
provide any Available Tenor of such Benchmark (or such component thereof); or </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(3) a public statement or publication of information by the
regulatory supervisor for the administrator of such Benchmark (or the published component used in the calculation thereof) announcing that all Available Tenors of such Benchmark (or such component thereof) are no longer, or as a specified future
date will no longer be, representative. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">For the avoidance of doubt, a &#147;Benchmark Transition Event&#148; will be deemed to have occurred with respect
to any Benchmark if a public statement or publication of information set forth above has occurred with respect to each then-current Available Tenor of such Benchmark (or the published component used in the calculation thereof). </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Benchmark Unavailability Period</U>&#148; means, the period (if any)&nbsp;(x) beginning at the time that a Benchmark Replacement Date
pursuant to clauses (1)&nbsp;or (2) of that definition has occurred if, at such time, no Benchmark Replacement has replaced the then-current Benchmark for all purposes hereunder and under any Series <FONT STYLE="white-space:nowrap">2015-3</FONT>
Document in accordance with Section&nbsp;7.4 and (y)&nbsp;ending at the time that a Benchmark Replacement has replaced the then-current Benchmark for all purposes hereunder and under any Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Document
in accordance with Section&nbsp;7.4. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Beneficial Ownership Certification</U>&#148; means a certification regarding beneficial
ownership as required by the Beneficial Ownership Rule. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Beneficial Ownership Rule</U>&#148; means 31 C.F.R. &#167;1010.230. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Benefited Purchaser Group</U>&#148; is defined in Section&nbsp;11.3(a). </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">9 </P>

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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Board</U>&#148; means the Board of Governors of the Federal Reserve System or any
successor thereto. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>BRAC</U>&#148; means Budget Rent A Car System, Inc. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Business Day</U>&#148; means any day other than (a)&nbsp;a Saturday or a Sunday or (b)&nbsp;a day on which banking institutions in
New&nbsp;York, New&nbsp;York, Charlotte, North Carolina, Chicago, Illinois or the city in which the corporate trust office of the Trustee is located are authorized or obligated by law or executive order to close. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Certificate of Lease Deficit Demand</U>&#148; means a certificate substantially in the form of <U>Annex A</U> to any Multi-Series
Letter of Credit. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Certificate of Termination Date Demand</U>&#148; means a certificate substantially in the form of <U>Annex
D</U> to any Multi-Series Letter of Credit. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Certificate of Termination Demand</U>&#148; means a certificate substantially in the
form of <U>Annex C</U> to any Multi-Series Letter of Credit. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Certificate of Unpaid Demand Note Demand</U>&#148; means a
certificate substantially in the form of <U>Annex B</U> to any Multi-Series Letter of Credit. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Change in Control</U>&#148; means
(a)&nbsp;ABG shall at any time cease to own or control, directly or indirectly, greater than 50% of the Voting Stock of ABCR, ARAC or BRAC or (b)&nbsp;either ABRCF or AESOP Leasing is no longer indirectly wholly-owned by ABCR. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Change in Law</U>&#148; means (a)&nbsp;any law, rule or regulation or any change therein or in the interpretation or application
thereof (whether or not having the force of law), in each case, adopted, issued or occurring after February&nbsp;15, 2008, (b) any request, guideline or directive (whether or not having the force of law) from any government or political subdivision
or agency, authority, bureau, central bank, commission, department or instrumentality thereof, or any court, tribunal, grand jury or arbitrator, or any accounting board or authority (whether or not part of government) which is responsible for the
establishment or interpretation of national or international accounting principles, in each case, whether foreign or domestic (each an &#147;<U>Official Body</U>&#148;) charged with the administration, interpretation or application thereof, or the
compliance with any request or directive of any Official Body (whether or not having the force of law) made, issued or occurring after the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Closing Date or (c)&nbsp;the compliance with, or
application or implementation of, any of the foregoing or Basel II and/or Basel III by an Affected Party after the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Closing Date. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Claim</U>&#148; is defined in Section&nbsp;2.8. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U>&#148; means a class of the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Notes, which may be the Class&nbsp;A Notes
or the Class&nbsp;R Notes. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;A Controlled Distribution Amount</U>&#148; means, with respect to any
Related Month during the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Controlled Amortization Period, an amount equal to the excess of <FONT STYLE="white-space:nowrap">(x)&nbsp;one-third</FONT> of the Class&nbsp;A Invested Amount on the
Scheduled Expiry Date (after giving effect to any Increase or Decrease on the Scheduled Expiry Date) over (y)&nbsp;the aggregate amount of any Decreases made during such Related Month pursuant to Section&nbsp;2.5. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">10 </P>

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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;A Initial Invested Amount</U>&#148; has the meaning
specified in Section&nbsp;2.3(a)(iii). </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;A Invested Amount</U>&#148; means, on any date of determination,
the sum of the Purchaser Group Invested Amounts with respect to each of the Purchaser Groups on such date. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;A Maximum Invested Amount</U>&#148; means, on any date of determination, the sum of the Maximum Purchaser
Group Invested Amounts with respect to each of the Purchaser Groups on such date. The Class&nbsp;A Maximum Invested Amount shall be reduced by the Maximum Purchaser Group Invested Amount of each <FONT STYLE="white-space:nowrap">Non-Extending</FONT>
Purchaser Group on the Scheduled Expiry Date with respect to such Purchaser Group. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;A Note</U>&#148;
means any one of the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Variable Funding Rental Car Asset Backed Notes, Class&nbsp;A, executed by ABCRF and authenticated by or on behalf of the Trustee, substantially in the form of Exhibit <FONT
STYLE="white-space:nowrap">A-1.</FONT> </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;A Noteholder</U>&#148; means a Person in whose name a
Class&nbsp;A Note is registered in the Note Register. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;A Senior Monthly Interest</U>&#148; means, with
respect to any Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Interest Period, an amount equal to the product of (a)&nbsp;the average daily Class&nbsp;A Invested Amount during such Series <FONT STYLE="white-space:nowrap">2015-3</FONT>
Interest Period, (b)&nbsp;the Class&nbsp;A Senior Note Rate for such Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Interest Period and (c)&nbsp;the number of days in such Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Interest Rate
Period divided by 360. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;A Senior Monthly Interest Shortfall</U>&#148; has the meaning specified in
Section&nbsp;3.3(f). </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;A Senior Note Rate</U>&#148; means for any Series
<FONT STYLE="white-space:nowrap">2015-3</FONT> Interest Period, the interest rate equal to the product of (a)&nbsp;the percentage equivalent of a fraction, the numerator of which is equal to the sum of the Senior Monthly Funding Costs with respect
to each Purchaser Group for such Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Interest Period and the denominator of which is equal to the average daily Class&nbsp;A Invested Amount during such Series
<FONT STYLE="white-space:nowrap">2015-3</FONT> Interest Period and (b)&nbsp;a fraction, the numerator of which is 360 and the denominator of which is the number of days in such Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Interest Period;
<U>provided</U>, <U>however</U>, that the Class&nbsp;A Senior Note Rate will in no event be higher than the maximum rate permitted by applicable law. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;R Controlled Distribution Amount</U>&#148; means, with respect to any Related Month during the Series <FONT
STYLE="white-space:nowrap">2015-3</FONT> Controlled Amortization Period, an amount equal to (1)&nbsp;if the Class&nbsp;A Invested Amount is greater than $0 as of the Distribution Date with respect to such Related Month, $0 and (2)&nbsp;if the
Class&nbsp;A Invested Amount has been reduced to $0 as of the Distribution Date with respect to such Related Month, the Class&nbsp;R Invested Amount as of the last day of such Related Month. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;R Initial Invested Amount</U>&#148; has the meaning specified in Section&nbsp;2.3(a)(ii). </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">11 </P>

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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;R Invested Amount</U>&#148; means, as of any date of
determination, (a)&nbsp;when used with respect to the A&amp;R Effective Date, the Class&nbsp;R Initial Invested Amount and (b)&nbsp;when used with respect to any other date, an amount equal to (i)&nbsp;the Class&nbsp;R Invested Amount on the
immediately preceding Business Day plus (ii)&nbsp;the Increase Amount with respect to the Class&nbsp;R Notes on such date minus (iii)&nbsp;the amount of principal payments made on the Class&nbsp;R Notes pursuant to Section&nbsp;3.5(e)(ii) or
Section&nbsp;3.5(f) on such date. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;R Maximum Invested Amount</U>&#148; means, with respect to any
Committed Note Purchaser, the amount set forth opposite the name of such Committed Note Purchaser on Schedule I or in the Class&nbsp;R Supplement pursuant to which such Committed Note Purchaser became a party to this Supplement, as such amount may
be increased from time to time as provided in Section&nbsp;2.6. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;R Monthly Interest</U>&#148; means,
with respect to any Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Interest Period, an amount equal to the product of (a)&nbsp;the average daily Class&nbsp;R Invested Amount during such Series <FONT STYLE="white-space:nowrap">2015-3</FONT>
Interest Period, (b)&nbsp;the Class&nbsp;R Note Rate for such Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Interest Period and (c)&nbsp;the number of days in such Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Interest Rate Period
(assuming a <FONT STYLE="white-space:nowrap">360-day</FONT> year consisting of twelve <FONT STYLE="white-space:nowrap">30-day</FONT> months) divided by 360. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;R Monthly Interest Shortfall</U>&#148; is defined in Section&nbsp;3.3(j). </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;R Note</U>&#148; means any one of the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Variable Funding
Rental Car Asset Backed Notes, Class&nbsp;R, executed by ABRCF and authenticated by or on behalf of the Trustee, substantially in the form of <U>Exhibit <FONT STYLE="white-space:nowrap">A-2</FONT></U>. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;R Note Rate</U>&#148; means 5.85%. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;R Noteholder</U>&#148; means a Person in whose name a Class&nbsp;R Note is registered in the Note Register.
</P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Class</U><U></U><U>&nbsp;R Supplement</U>&#148; is defined in Section&nbsp;11.1(a). </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Commercial Paper</U>&#148; means, with respect to any CP Conduit Purchaser, the promissory notes issued by, or for the benefit of,
such CP Conduit Purchaser in the commercial paper market. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Committed Note Purchasers</U>&#148; means each entity listed as such
on Schedule I or in the Class&nbsp;R Supplement pursuant to which such entity became a party to this Supplement. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Commitment</U>&#148; means, with respect to (a)&nbsp;the APA Banks included in any CP Conduit Purchaser Group, the obligation of such
APA Banks to purchase a Class&nbsp;A Note on the A&amp;R Effective Date and, thereafter, to maintain and, subject to certain conditions, increase the Purchaser Group Invested Amount with respect to such CP Conduit Purchaser Group, in each case, in
an amount up to the Maximum Purchaser Group Invested Amount with respect to such CP Conduit Purchaser Group, (b)&nbsp;any <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser Group, the obligation of the Related <FONT
STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser to purchase a Class&nbsp;A Note on the A&amp;R Effective Date and, thereafter, to maintain and, subject to certain conditions, increase the Purchaser Group Invested Amount with respect to such <FONT
STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser Group, in each case, in an amount up to the Maximum Purchaser Group Invested Amount with respect to such <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser Group or (c)&nbsp;any
</P>
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 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">
Committed Note Purchaser, the obligation of the Committed Note Purchaser to purchase a Class&nbsp;R Note on the A&amp;R Effective Date in an amount equal to $0 and, thereafter, to maintain and,
subject to certain conditions, increase the Class&nbsp;R Invested Amount with respect to such Committed Note Purchaser, in each case, in an amount that satisfies the Retention Test on the applicable Increase Date, up to the Class&nbsp;R Maximum
Invested Amount with respect to such Committed Note Purchaser. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Commitment Amount</U>&#148; means, (A)&nbsp;with respect to the
APA Banks included in any CP Conduit Purchaser Group, an amount equal to 102% of the Maximum Purchaser Group Invested Amount with respect to such CP Conduit Purchaser Group or (B)&nbsp;with respect to any
<FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser, an amount equal to the Maximum Purchaser Group Invested Amount with respect to such <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Commitment Fee</U>&#148; is defined in Section&nbsp;2.7(e). </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Commitment Fee Rate</U>&#148; is defined in the Fee Letter. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Commitment Percentage</U>&#148; means, on any date of determination, with respect to any Purchaser Group, the ratio, expressed as a
percentage, which such Purchaser Group&#146;s Maximum Purchaser Group Invested Amount bears to the Class&nbsp;A Maximum Invested Amount on such date. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Company indemnified person</U>&#148; is defined in Section&nbsp;2.8. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Conduit Assignee</U>&#148; means, with respect to any CP Conduit Purchaser, any commercial paper conduit administered by the Funding
Agent with respect to such CP Conduit Purchaser and designated by such Funding Agent to accept an assignment from such CP Conduit Purchaser of the Purchaser Group Invested Amount or a portion thereof with respect to such CP Conduit Purchaser
pursuant to Section&nbsp;11.1(b). </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Confirmation Condition</U>&#148; means, with respect to any Bankrupt Manufacturer which is a
debtor in Chapter 11 Proceedings, a condition that shall be satisfied upon the bankruptcy court having competent jurisdiction over such Chapter 11 Proceedings issuing an order that remains in effect approving (i)&nbsp;the assumption of such Bankrupt
Manufacturer&#146;s Manufacturer Program (and the related Assignment Agreements) by such Bankrupt Manufacturer or the trustee in bankruptcy of such Bankrupt Manufacturer under Section&nbsp;365 of the Bankruptcy Code and at the time of such
assumption, the payment of all amounts due and payable by such Bankrupt Manufacturer under such Manufacturer Program and the curing of all other defaults by the Bankrupt Manufacturer thereunder or (ii)&nbsp;the execution, delivery and performance by
such Bankrupt Manufacturer of a new post-petition Manufacturer Program (and the related assignment agreements) on the same terms and covering the same Vehicles as such Bankrupt Manufacturer&#146;s Manufacturer Program (and the related Assignment
Agreements) in effect on the date such Bankrupt Manufacturer became subject to such Chapter 11 Proceedings and, at the time of the execution and delivery of such new post-petition Manufacturer Program, the payment of all amounts due and payable by
such Bankrupt Manufacturer under such Manufacturer Program and the curing of all other defaults by the Bankrupt Manufacturer thereunder; <U>provided</U> that notwithstanding the foregoing, the Confirmation Condition shall be deemed satisfied until
the 90<SUP STYLE="font-size:85%; vertical-align:top">th</SUP> calendar day following the initial filing in respect of such Chapter&nbsp;11 Proceedings. </P>
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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Consent</U>&#148; is defined in Article V. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Consent Period Expiration Date</U>&#148; is defined in Article V. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Contingent Monthly Funding Costs</U>&#148; means, with respect to each Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Interest
Period and any Purchaser Group, the excess, if any, of (i)&nbsp;the Monthly Funding Costs of such Purchaser Group for such Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Interest Period over (ii)&nbsp;an amount equal to the sum for each day
during such Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Interest Period of the product of (x)&nbsp;the Purchaser Group Invested Amount with respect to such Purchaser Group on such day and (y)&nbsp;the sum of the Applicable Margin with
respect to the Floating Tranche on any date that an Amortization Event shall have occurred and be continuing and the LIBO Screen Rate for a term of thirty (30)&nbsp;days at approximately 11:00 a.m. (London time) on such day, or if such day is not a
London Banking Day, the immediately preceding London Banking Day, divided by 360. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Contingent Monthly Funding Costs
Shortfall</U>&#148; is defined in Section&nbsp;3.3(h). </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Corresponding Tenor</U>&#148; with respect to any Available Tenor means,
as applicable, either a tenor (including overnight) or an interest payment period having approximately the same length (disregarding business day adjustment) as such Available Tenor. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>CP Conduit Funded Amount</U>&#148; means, with respect to any CP Conduit Purchaser Group for any day, the portion of the Purchaser
Group Invested Amount with respect to such CP Conduit Purchaser Group funded by such CP Conduit Purchaser Group through the issuance of Commercial Paper outstanding on such day. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>CP Conduit Purchaser</U>&#148; means each commercial paper conduit listed on Schedule I or party to a Purchaser Group Supplement
pursuant to which such commercial paper conduit became a party to this Supplement </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>CP Conduit Purchaser Group</U>&#148; means,
collectively, a CP Conduit Purchaser and the APA Banks with respect to such CP Conduit Purchaser. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>CP Rate Period</U>&#148;
means, with respect to any CP Tranche, a period of days not to exceed 270 days commencing on a Business Day selected in accordance with Section&nbsp;2.7(b); <U>provided</U> that (x)&nbsp;if a CP Rate Period would end on a day that is not a Business
Day, such CP Rate Period shall end on the next succeeding Business Day and (y)&nbsp;during the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Controlled Amortization Period and the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Rapid
Amortization Period, each CP Rate Period shall end on or prior to the next succeeding Distribution Date. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>CP Tranche</U>&#148;
means, with respect to a Match Funding CP Conduit Purchaser, a portion of the CP Conduit Funded Amount with respect to such Match Funding CP Conduit Purchaser for which the Monthly Funding Costs with respect to such Match Funding CP Conduit
Purchaser is calculated by reference to a particular Discount and a particular CP Rate Period. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">14 </P>

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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Credit Agreement</U>&#148; means the Fifth Amended and Restated Credit Agreement,
dated as of February&nbsp;13, 2018, among Avis Budget Holdings, LLC, as Borrower, ABCR, as Borrower, the subsidiary borrowers referred to therein, the several lenders referred to therein, JPMorgan Chase, as Administrative Agent, Deutsche Bank
Securities Inc., as Syndication Agent, each of Citibank, N.A., Bank of America, N.A., Barclays Bank PLC and Credit Agricole Corporate and Investment Bank, as <FONT STYLE="white-space:nowrap">Co-Documentation</FONT> Agents, as amended, restated,
modified, supplemented or waived from time to time in accordance with its terms. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Daily Simple SOFR</U>&#148; means, for any day,
SOFR, with the conventions for this rate (which may include a lookback) being established by the Administrative Agent in accordance with the conventions for this rate selected or recommended by the Relevant Governmental Body for determining
&#147;Daily Simple SOFR&#148; for business loans; <U>provided</U>, that if the Administrative Agent decides that any such convention is not administratively feasible for the Administrative Agent, then the Administrative Agent may establish another
convention in its reasonable discretion. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>DBRS</U>&#148; means DBRS, Inc. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>DBRS Equivalent Rating</U>&#148; means, with respect to any Person not rated by DBRS, (i)&nbsp;if such Person is rated by all three
of Moody&#146;s, Standard&nbsp;&amp; Poor&#146;s and Fitch Ratings, Ltd. (together, the &#147;<U>Equivalent Rating Agencies</U>&#148;), either (A)&nbsp;if at least two Equivalent Rating Agencies have provided equivalent long-term senior unsecured
debt ratings with respect to such Person, the DBRS equivalent of such equivalent ratings (regardless of any rating from the other Equivalent Rating Agency) or (B)&nbsp;otherwise, the median of the DBRS equivalents of the long-term senior unsecured
debt ratings for such Person provided by each of the three Equivalent Rating Agencies, (ii)&nbsp;if such Person is rated by any two of the Equivalent Rating Agencies, the DBRS equivalent of the lower of the long-term senior unsecured debt ratings
for such Person provided by the relevant Equivalent Rating Agencies or (iii)&nbsp;if such Person is rated by only one of the Equivalent Rating Agencies,&nbsp;the DBRS equivalent of the long-term senior unsecured debt rating for such Person provided
by such Equivalent Rating Agency. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>DBRS Excluded Manufacturer Amount</U>&#148; means, as of any date of determination, an amount
equal to the excess, if any, of (x)&nbsp;the sum of the following amounts with respect to each DBRS <FONT STYLE="white-space:nowrap">Non-Investment</FONT> Grade Manufacturer as of such date: the product of (i)&nbsp;to the extent such amounts are
included in the calculation of AESOP I Operating Lease Loan Agreement Borrowing Base as of such date, all amounts receivable as of such date by AESOP Leasing or the Intermediary from such DBRS <FONT STYLE="white-space:nowrap">Non-Investment</FONT>
Grade Manufacturer and (ii)&nbsp;the DBRS Excluded Manufacturer Receivable Specified Percentage for such DBRS <FONT STYLE="white-space:nowrap">Non-Investment</FONT> Grade Manufacturer as of such date over (y)&nbsp;the sum of the following amounts
with respect to each DBRS <FONT STYLE="white-space:nowrap">Non-Investment</FONT> Grade Manufacturer as of such date: the product of (i)&nbsp;the aggregate Net Book Value of any Vehicles subject to a Manufacturer Program from such Manufacturer that
have had a Turnback Date but for which (A)&nbsp;AESOP Leasing or its Permitted Nominee continues to be named as the owner of the Vehicle on the Certificate of Title for such Vehicle and (B)&nbsp;AESOP Leasing or its agent continues to hold the
Certificate of Title for such Vehicle and (ii)&nbsp;the DBRS Turnback Vehicle Specified Percentage for such DBRS <FONT STYLE="white-space:nowrap">Non-Investment</FONT> Grade Manufacturer as of such date. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>DBRS Excluded Manufacturer Receivable Specified Percentage</U>&#148; means, as of any date of determination, with respect to each
DBRS <FONT STYLE="white-space:nowrap">Non-Investment</FONT> Grade Manufacturer as of such </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">15 </P>

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date, the percentage (not to exceed 100%) most recently specified in writing by DBRS to ABRCF and the Trustee and consented to by the Requisite Noteholders with respect to such DBRS <FONT
STYLE="white-space:nowrap">Non-Investment</FONT> Grade Manufacturer; <U>provided</U>, <U>however</U>, that as of the A&amp;R Effective Date the DBRS Excluded Manufacturer Receivable Specified Percentage for each DBRS
<FONT STYLE="white-space:nowrap">Non-Investment</FONT> Grade Manufacturer shall be 100%; <U>provided</U>, <U>further</U>, that the initial DBRS Excluded Manufacturer Receivable Specified Percentage with respect to any Manufacturer that becomes a
DBRS <FONT STYLE="white-space:nowrap">Non-Investment</FONT> Grade Manufacturer after the A&amp;R Effective Date shall be 100%. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>DBRS <FONT STYLE="white-space:nowrap">Non-Investment</FONT> Grade Manufacturer</U>&#148; means, as of any date of determination, any
Manufacturer that (i)&nbsp;is not a Bankrupt Manufacturer and (ii)&nbsp;does not have a long-term senior unsecured debt rating from DBRS (or, if such Manufacturer is not rated by DBRS, a DBRS Equivalent Rating) of at least &#147;BBB (low)&#148;;
<U>provided</U> that any Manufacturer whose long-term senior unsecured debt rating from DBRS (or, if such Manufacturer is not rated by DBRS, its DBRS Equivalent Rating) is downgraded from at least &#147;BBB (low)&#148; to below &#147;BBB (low)&#148;
after the A&amp;R Effective Date shall not be deemed a DBRS <FONT STYLE="white-space:nowrap">Non-Investment</FONT> Grade Manufacturer until the thirtieth (30<SUP STYLE="font-size:85%; vertical-align:top">th</SUP>) calendar day following such
downgrade. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>DBRS Turnback Vehicle Specified Percentage</U>&#148; means, as of any date of determination: (i)&nbsp;with respect to
each Manufacturer that has a long-term senior unsecured debt rating from DBRS (or, if such Manufacturer is not rated by DBRS, a DBRS Equivalent Rating) on such date of determination of at least &#147;BB (low)&#148; but less than &#147;BBB
(low)&#148;, 65%; (ii) with respect to each Manufacturer that has a long-term senior unsecured debt rating from DBRS (or, if such Manufacturer is not rated by DBRS, a DBRS Equivalent Rating) on such date of determination of at least &#147;B
(low)&#148; but less than &#147;BB (low)&#148;, 25%; and (iii)&nbsp;with respect to each Manufacturer that has a long-term senior unsecured debt rating from DBRS (or, if such Manufacturer is not rated by DBRS, a DBRS Equivalent Rating) on such date
of determination of &#147;CCC (high)&#148; or below (or is not rated by DBRS or any Equivalent Rating Agency on such date of determination), 0%; <U>provided</U> that any Manufacturer whose long-term senior unsecured debt rating from DBRS is
downgraded after the A&amp;R Effective Date (or, if such Manufacturer is not rated by DBRS, its DBRS Equivalent Rating is lowered as a result of such Manufacturer being downgraded by an Equivalent Rating Agency after the A&amp;R Effective Date)
shall be deemed to retain its long-term senior unsecured debt rating from DBRS (or, if such Manufacturer is not rated by DBRS, its DBRS Equivalent Rating) in effect immediately prior to such downgrade until the thirtieth (30<SUP
STYLE="font-size:85%; vertical-align:top">th</SUP>) calendar day following such downgrade. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Decrease</U>&#148; is defined in
Section&nbsp;2.5(a). </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Deferrable Increase Notice</U>&#148; means a notice of Increase that provides that a Delayed Funding Notice
may be provided by any Purchaser Group with respect to such Increase in accordance with Section&nbsp;2.3(e). </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Delayed
Amount</U>&#148; is defined in Section&nbsp;2.3(e). </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Delayed Funding Date</U>&#148; is defined in Section&nbsp;2.3(e). </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Delayed Funding Notice</U>&#148; is defined in Section&nbsp;2.3(e). </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Delayed Funding Purchaser Group</U>&#148; is defined in Section&nbsp;2.3(e). </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">16 </P>

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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Delayed Funding Reimbursement Amount</U>&#148; means, with respect to any Delayed
Amount of a Delayed Funding Purchaser Group funded by <FONT STYLE="white-space:nowrap">Non-Delayed</FONT> Funding Purchaser Groups on an Increase Date, an amount equal to the excess, if any, of (a)&nbsp;such Delayed Amount over (b)&nbsp;the amount,
if any, by which the portion of any principal payment made by ABRCF to such <FONT STYLE="white-space:nowrap">Non-Delayed</FONT> Funding Purchaser Group pursuant to Section&nbsp;2.5, Section&nbsp;2.6 or Section&nbsp;3.5 on any date during the period
from and including such Increase Date to but excluding the Delayed Funding Date for such Delayed Amount, was greater than what it would have been had such Delayed Amount been funded by such Delayed Funding Purchaser Group on such Increase Date. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Demand Note Issuer</U>&#148; means each issuer of a Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Demand Note. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Demand Note Preference Payment Amount</U>&#148; means, as of any day, (i)&nbsp;the aggregate amount of all proceeds of demands made
on the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Demand Notes pursuant to Section&nbsp;3.5(c)(iii) or 3.5(d)(ii) that were deposited into the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Distribution Account and paid to the
Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Noteholders during the <FONT STYLE="white-space:nowrap">one-year</FONT> period ending on such day; <U>provided</U>, <U>however</U>, that if an Event of Bankruptcy (or the occurrence of an event
described in clause (a)&nbsp;of the definition thereof, without the lapse of a period of 60 consecutive days) with respect to a Demand Note Issuer shall have occurred during such <FONT STYLE="white-space:nowrap">one-year</FONT> period, the Demand
Note Preference Payment Amount as of such day shall equal the Demand Note Preference Payment Amount as if it were calculated as of the date of such occurrence <U>minus</U> (ii)&nbsp;the aggregate amount withdrawn from the Series <FONT
STYLE="white-space:nowrap">2015-3</FONT> Reserve Account or the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Cash Collateral Account and paid to a Funding Agent pursuant to Section&nbsp;3.7(e) on account of a Preference Amount. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Designated Amounts</U>&#148; is defined in Article V. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Disbursement</U>&#148; means any Lease Deficit Disbursement, any Unpaid Demand Note Disbursement, any Termination Date Disbursement
or any Termination Disbursement under a Multi-Series Letter of Credit, or any combination thereof, as the context may require. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Discount</U>&#148; means as of any day, (a)&nbsp;with respect to any Match Funding CP Conduit Purchaser, the interest or discount
component of the Commercial Paper issued by, or for the benefit of, such Match Funding CP Conduit Purchaser to fund or maintain the CP Conduit Funded Amount with respect to such Match Funding CP Conduit Purchaser, including an amount equal to the
portion of the face amount of the outstanding Commercial Paper issued to fund or maintain the CP Conduit Funded Amount with respect to such CP Conduit Purchaser that corresponds to the portion of the proceeds of such Commercial Paper that was used
to pay the interest or discount component of maturing Commercial Paper issued to fund or maintain such CP Conduit Funded Amount, to the extent that such CP Conduit Purchaser has not received payments of interest in respect of such interest component
prior to the maturity date of such maturing Commercial Paper, and including the portion of such interest or discount component constituting dealer or placement agent commissions and (b)&nbsp;with respect to any Pooled Funding CP Conduit Purchaser,
the amount of interest or discount to accrue on or in respect of the Commercial Paper issued by, or for the benefit of, such Pooled Funding CP Conduit Purchaser allocated, in whole or in part, by the Funding Agent with respect to such Pooled Funding
CP Conduit Purchaser, to fund the purchase or maintenance of the CP Conduit Funded Amount with respect to such Pooled Funding CP Conduit Purchaser (including, without limitation, any interest attributable to the commissions of placement agents and
dealers in respect of such Commercial Paper and any costs associated with funding small or <FONT STYLE="white-space:nowrap">odd-lot</FONT> amounts, to the extent that such commissions or costs are allocated, in whole or in part, to such Commercial
Paper by such Funding Agent). </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">17 </P>

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 <P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#147;<U>Early <FONT STYLE="white-space:nowrap">Opt-in</FONT>
Election</U>&#148; means, if the then-current Benchmark is the LIBO Rate, the occurrence of: </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(1) a notification by the Administrative
Agent or ABRCF that it has determined at least five currently outstanding U.S. dollar-denominated syndicated credit facilities at such time contain (as a result of amendment or as originally executed) a SOFR-based rate (including SOFR, a term SOFR
or any other rate based upon SOFR) as a benchmark rate (and such syndicated credit facilities are identified in such notice and are publicly available for review), and </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(2) the joint election by the Administrative Agent and ABRCF to trigger a fallback from the LIBO Rate and the provision by the Administrative
Agent of written notice of such election to the Trustee and the Purchaser Groups. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>EEA Financial Institution</U>&#148; means
(a)&nbsp;any credit institution or financial institution established in any EEA Member Country which is subject to the supervision of an EEA Resolution Authority, (b)&nbsp;any entity established in an EEA Member Country which is a parent of an
institution described in clause (a)&nbsp;of this definition, or (c)&nbsp;any financial institution established in an EEA Member Country which is a subsidiary of an institution described in clauses (a)&nbsp;or (b) of this definition and is subject to
consolidated supervision with its parent. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>EEA Member Country</U>&#148; means any of the member states of the European Union,
Iceland, Liechtenstein, and Norway. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>EEA Resolution Authority</U>&#148; means any public administrative authority or any Person
entrusted with public administrative authority of any EEA Member Country (including any delegee) having responsibility for the resolution of any EEA Financial Institution.. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Effective Date</U>&#148; is defined in <U>Section</U><U></U><U>&nbsp;6.1</U>. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Eligible Assignee</U>&#148; means a financial institution having short-term debt ratings of at least
<FONT STYLE="white-space:nowrap">&#147;A-1&#148;</FONT> from Standard&nbsp;&amp; Poor&#146;s and <FONT STYLE="white-space:nowrap">&#147;P-1&#148;</FONT> from Moody&#146;s. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>EU <FONT STYLE="white-space:nowrap">Bail-In</FONT> Legislation Schedule</U>&#148; means the EU
<FONT STYLE="white-space:nowrap">Bail-In</FONT> Legislation Schedule published by the Loan Market Association (or any successor Person), as in effect from time to time </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>EU Securitisation Regulation</U>&#148; means Regulation (EU) 2017/2402 of the European Parliament and of the Council and any related
guidelines, guidance and regulatory technical standards or implementing technical standards (including any such guidelines or standards which are applicable pursuant to any transitional provisions of the Securitisation Regulation), each as amended,
modified or supplemented from time to time as they apply to the transactions contemplated hereby. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">18 </P>

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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Eurodollar Period</U>&#148; means, with respect to any Eurodollar Tranche and any
CP Conduit Purchaser Group: </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(a) initially, the period commencing on the Series
<FONT STYLE="white-space:nowrap">2015-3</FONT> Closing Date, the Increase Date or a conversion date, as the case may be, with respect to such Eurodollar Tranche and ending one month thereafter (or such other period which is acceptable to the Funding
Agent with respect to such CP Conduit Purchaser Group and which in no event will be less than 7 days); and </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(b) thereafter,
each period commencing on the last day of the immediately preceding Eurodollar Period applicable to such Eurodollar Tranche and ending one month thereafter (or such other period which is acceptable to the Funding Agent with respect to such CP
Conduit Purchaser Group and which in no event will be less than 7 days); </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; font-size:10pt; font-family:Times New Roman"><U>provided</U> that all Eurodollar Periods must end on the next
Distribution Date and all of the foregoing provisions relating to Eurodollar Periods are subject to the following: </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:9%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(i) if
any Eurodollar Period would otherwise end on a day that is not a Business Day, such Eurodollar Period shall be extended to the next succeeding Business Day unless the result of such extension would be to carry such Eurodollar Period into another
calendar month, in which event such Eurodollar Period shall end on the immediately preceding Business Day; and </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:9%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(ii) any
Eurodollar Period that begins on the last Business Day of a calendar month (or on a day for which there is no numerically corresponding day in the calendar month at the end of such Eurodollar Period) shall end on the last Business Day of the
calendar month at the end of such Eurodollar Period. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Eurodollar Tranche</U>&#148; means, with respect to any CP Conduit
Purchaser Group, a portion of the APA Bank Funded Amount with respect to such CP Conduit Purchaser Group allocated to a particular Eurodollar Period and an Adjusted LIBO Rate determined by reference thereto. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Excess Collections</U>&#148; is defined in Section&nbsp;3.3(e)(i). </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Excluded Taxes</U>&#148; means, with respect to the Administrative Agent, any <FONT STYLE="white-space:nowrap">Non-Conduit</FONT>
Purchaser, any CP Conduit Purchaser, any Committed Note Purchaser, any APA Bank, any Funding Agent, any Program Support Provider or any other recipient of any payment to be made by or on account of any obligation of ABRCF hereunder, (a)&nbsp;income
or franchise taxes imposed on (or measured by) its net income by the United States of America or by any other Governmental Authority, in each case, as a result of a present or former connection between the United States of America or the
jurisdiction of such Governmental Authority imposing such tax, as the case may be, and the Administrative Agent, such <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser, such CP Conduit Purchaser, such Committed Note Purchaser, such APA
Bank, such Funding Agent, such Program Support Provider or any other such recipient (except a connection arising solely from the Administrative Agent&#146;s, such <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser&#146;s, such CP Conduit
Purchaser&#146;s, such Committed Note Purchaser&#146;s, such APA Bank&#146;s, such Program Support Provider&#146;s or such recipient&#146;s having executed, delivered or performed its obligations hereunder, receiving a payment hereunder or enforcing
the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Notes) and (b)&nbsp;any branch profits tax imposed by the United States of America or any similar tax imposed by any other jurisdiction in which
</P>
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ABRCF is located (except any such branch profits or similar tax imposed as a result of a connection with the United States of America or other jurisdiction as a result of a connection arising
solely from the Administrative Agent&#146;s, such <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser&#146;s, such CP Conduit Purchaser&#146;s, such Committed Note Purchaser&#146;s, such APA Bank&#146;s, such Program Support
Provider&#146;s or such recipient&#146;s having executed, delivered or performed its obligations hereunder, receiving a payment hereunder or enforcing the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Notes). </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Expiry Date</U>&#148; means, with respect to any Purchaser Group, the earlier of (a)&nbsp;the Scheduled Expiry Date with respect to
such Purchaser Group and (b)&nbsp;the date on which an Amortization Event with respect to the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Notes shall have been declared or automatically occurred. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Extending Purchaser Group</U>&#148; means a Purchaser Group other than a <FONT STYLE="white-space:nowrap">Non-Extending</FONT>
Purchaser Group. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>FATCA</U>&#148; shall mean The Foreign Account Tax Compliance Act as contained in Sections 1471 through 1474 of
the Code, as amended, along with any regulations or official interpretations thereof and any agreement (including any intergovernmental agreement or any law implementing such intergovernmental agreement) entered into in connection therewith. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Federal Funds Effective Rate</U>&#148; means, for any day, the weighted average (rounded upwards, if necessary, to the next 1/100 of
1%) of the rates on the overnight Federal funds transactions with members of the Federal Reserve System arranged by Federal funds brokers, as published on the next succeeding Business Day by the NYFRB, or, if such rate is not so published for any
day that is a Business Day, the average (rounded upwards, if necessary, to the next 1/100 of 1%) of the quotations for such day for such transactions received by the Administrative Agent from three Federal funds brokers of recognized standing
selected by it. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Fee Letter</U>&#148; means the letter dated the A&amp;R Effective Date, from ABRCF addressed to the
Administrative Agent, each <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser and each of the CP Conduit Purchasers, the Funding Agents and the APA Banks, setting forth certain fees payable from time to time to the Purchaser Groups, as
such letter may be amended or replaced from time to time. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Finance Guide</U>&#148; means the Black Book Official Finance/Lease
Guide. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Fitch</U>&#148; means Fitch Ratings, Inc. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Floating Tranche</U>&#148; means, with respect to any CP Conduit Purchaser Group, the portion of the APA Bank Funded Amount with
respect to such CP Conduit Purchaser Group not allocated to a Eurodollar Tranche. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Floor</U>&#148; means the benchmark rate
floor, if any, provided in this Supplement initially (as of the A&amp;R Effective Date, the modification, amendment or renewal of this Supplement or otherwise) with respect to LIBO Rate. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Funding Agent</U>&#148; means, with respect to each CP Conduit Purchaser and its CP Conduit Purchaser Group, the agent bank set forth
opposite the name of such CP Conduit Purchaser on Schedule I or in the Purchaser Group Supplement pursuant to which such CP Conduit Purchaser became a party to this Supplement. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">20 </P>

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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Inclusion Date</U>&#148; means, with respect to any Vehicle, the date that is three
months after the earlier of (i)&nbsp;the date such Vehicle became a Redesignated Vehicle and (ii)&nbsp;if the Manufacturer of such Vehicle is a Bankrupt Manufacturer, the date upon which the Event of Bankruptcy which caused such Manufacturer to
become a Bankrupt Manufacturer first occurred. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Increase</U>&#148; is defined in Section&nbsp;2.3(a). </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Increase Amount</U>&#148; is defined in Section&nbsp;2.3(a). </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Increase Date</U>&#148; is defined in Section&nbsp;2.3(a). </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Indemnified Taxes</U>&#148; means Taxes other than Excluded Taxes. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Interest Rate Cap Counterparty</U>&#148; means ABRCF&#146;s counterparty under a
<FONT STYLE="white-space:nowrap">Series&nbsp;2015-3</FONT> Interest Rate Cap. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Interpolated Rate</U>&#148; means, at any time,
for any Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Interest Period or Eurodollar Period, the rate <I>per annum</I> (rounded to the same number of decimal places as the LIBO Screen Rate) determined by the Administrative Agent (which
determination shall be conclusive and binding absent manifest error) to be equal to the rate that results from interpolating on a linear basis between: (a)&nbsp;the LIBO Screen Rate for the longest period (for which the LIBO Screen Rate is
available) that is shorter than the Impacted Interest Period; and (b)&nbsp;the LIBO Screen Rate for the shortest period (for which that LIBO Screen Rate is available) that exceeds the Impacted Interest Period, in each case, at such time. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>ISDA Definitions</U>&#148; means the 2006 ISDA Definitions published by the International Swaps and Derivatives Association, Inc. or
any successor thereto, as amended or supplemented from time to time, or any successor definitional booklet for interest rate derivatives published from time to time by the International Swaps and Derivatives Association, Inc. or such successor
thereto. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>JPMorgan Chase</U>&#148; is defined in the recitals hereto. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Lease Deficit Disbursement</U>&#148; means an amount drawn under a Multi-Series Letter of Credit pursuant to a Certificate of Lease
Deficit Demand. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>LIBO Rate</U>&#148; means, (i)&nbsp;the greater of 0% and (ii)&nbsp;(a) with respect to each day during each
Eurodollar Period pertaining to a Eurodollar Tranche, the LIBO Screen Rate at approximately 11:00 a.m., London time, on the second London Banking Days prior to the commencement of such Eurodollar Period, as the rate for dollar deposits with a
maturity comparable to the Eurodollar Period applicable to such Eurodollar Tranche, (b)&nbsp;other than with respect to a LIBOR Funding CP Conduit Purchaser, with respect to each day during a Series <FONT STYLE="white-space:nowrap">2015-3</FONT>
Interest Period the LIBO Screen Rate for a term of thirty (30)&nbsp;days at approximately 11:00 a.m. (London time) on such day, or if such day is not a London Banking Day, the immediately preceding London Banking Day or (c)&nbsp;with respect to a
LIBOR Funding CP Conduit Purchaser and each day </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">21 </P>

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during a Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Interest Period the LIBO Screen Rate for a term of three months at approximately 11:00 a.m. (London time) on such day, or if such
day is not a London Banking Day, the immediately preceding London Banking Day; provided, however, that a <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser may in its sole discretion, but only to the extent it is in accordance with its
customary practices, determine the daily LIBO Rate for a period not to exceed seven days on the first day of such period (or, if such day is not a London Banking Day, the immediately preceding London Banking Day) in accordance with the procedure set
forth above; provided further that, subject to the following proviso, if a Funding Agent with respect to a LIBOR Funding CP Conduit Purchaser is for any reason unable to determine the LIBO Rate in the foregoing manner, the LIBO Rate for such day
shall be the Alternate Base Rate for such day; <U>provided</U> that, in each case, if the LIBO Screen Rate shall not be available at such time for the applicable period (an &#147;<U>Impacted Interest Period</U>&#148;) then the LIBO Rate shall be the
Interpolated Rate. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>LIBOR Funding CP Conduit Purchaser</U>&#148; means each CP Conduit Purchaser that is designated as such on
Schedule I or in the Purchaser Group Supplement pursuant to which such CP Conduit Purchaser became a party to this Supplement. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>LIBO Screen Rate</U>&#148; means, for any day and time, the rate appearing on Reuters Screen LIBOR01 Page (or on any successor or
substitute page of such service, providing rate quotations comparable to those currently provided on such page of such service, as determined by the Administrative Agent from time to time in accordance with its customary practices for purposes of
providing quotations of interest rates applicable to dollar deposits in the London interbank market) for the applicable period. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>LOC Pro Rata Share</U>&#148; means, with respect to any Multi-Series Letter of Credit Provider as of any date, the fraction
(expressed as a percentage) obtained by dividing (A)&nbsp;the available amount allocated to the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Notes under such Multi-Series Letter of Credit Provider&#146;s Multi-Series Letter of Credit as of
such date by (B)&nbsp;an amount equal to the aggregate available amount allocated to the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Notes under all Multi-Series Letters of Credit as of such date; <U>provided</U> that only for purposes of
calculating the LOC Pro Rata Share with respect to any Multi-Series Letter of Credit Provider as of any date, if such Multi-Series Letter of Credit Provider has not complied with its obligation to pay the Trustee the amount of any draw under the
Multi-Series Letter of Credit made prior to such date, the available amount under such Multi-Series Letter of Credit as of such date shall be treated as reduced (for calculation purposes only) by the amount of such unpaid demand and shall not be
reinstated for purposes of such calculation unless and until the date as of which such Multi-Series Letter of Credit Provider has paid such amount to the Trustee and been reimbursed by the Lessee or the applicable Demand Note Issuer, as the case may
be, for such amount (<U>provided</U> that the foregoing calculation shall not in any manner reduce the undersigned&#146;s actual liability in respect of any failure to pay any demand under the Multi-Series Letter of Credit). </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>London Banking Day</U>&#148; means any business day on which dealings in deposits in United States dollars are transacted in the
London interbank market. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Market Value Average</U>&#148; means, as of any day, the percentage equivalent of a fraction, the
numerator of which is the average of the Selected Fleet Market Value as of the preceding Determination Date and the two Determination Dates precedent thereto and the </P>
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denominator of which is the sum of (a)&nbsp;the average of the aggregate Net Book Value of all <FONT STYLE="white-space:nowrap">Non-Program</FONT> Vehicles (excluding (i)&nbsp;any Unaccepted
Program Vehicles, (ii)&nbsp;any Excluded Redesignated Vehicles and (iii)&nbsp;any other <FONT STYLE="white-space:nowrap">Non-Program</FONT> Vehicles that are subject to a Manufacturer Program with an Eligible
<FONT STYLE="white-space:nowrap">Non-Program</FONT> Manufacturer with respect to which no Manufacturer Event of Default has occurred and is continuing) and (b)&nbsp;the average of the aggregate Adjusted Net Book Value of all Adjusted Program
Vehicles, in the case of each of clause (a)&nbsp;and (b) leased under the AESOP I Operating Lease and the Finance Lease as of the preceding Determination Date and the two Determination Dates precedent thereto. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Match Funding CP Conduit Purchaser</U>&#148; means each CP Conduit Purchaser that is designated as such on Schedule I (or in the
Purchaser Group Supplement pursuant to which such CP Conduit Purchaser became a party to this Supplement) or that, after the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Closing Date, notifies ABRCF and the Administrative Agent in
accordance with Section&nbsp;2.7(d) in writing that it is funding its CP Conduit Funded Amount with Commercial Paper issued by it, or for its benefit, in specified CP Tranches selected in accordance with Sections 2.7(b) and (c)&nbsp;and that, in
each case, has not subsequently notified ABRCF and the Administrative Agent in writing that ABRCF will no longer be permitted to select CP Tranches in accordance with Sections 2.7(b) and (c)&nbsp;in respect of the CP Conduit Funded Amount with
respect to such CP Conduit Purchaser. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Maximum Purchaser Group Invested Amount</U>&#148; means, with respect to (a)&nbsp;any CP
Conduit Purchaser Group, the amount set forth opposite the name of the CP Conduit Purchaser included in such CP Conduit Purchaser Group on Schedule&nbsp;I or in the Purchaser Group Supplement pursuant to which such CP Conduit Purchaser Group became
a party to this Supplement or (b)&nbsp;any <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser Group, the amount set forth opposite the name of such <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser Group on Schedule I or in
the Purchaser Group Supplement pursuant to which such <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser Group became a party to this Supplement, in each case, as such amount may be increased or reduced from time to time as provided in
Section&nbsp;2.6. The Maximum Purchaser Group Invested Amount with respect to each <FONT STYLE="white-space:nowrap">Non-Extending</FONT> Purchaser Group shall be reduced to zero on the Scheduled Expiry Date with respect to such Purchaser Group. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Monthly Funding Costs</U>&#148; means, with respect to each Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Interest Period
and: </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(a) any CP Conduit Purchaser Group, the sum of: </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:9%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(i) for each day during such Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Interest Period, (A)&nbsp;with respect to a
Match Funding CP Conduit Purchaser, the aggregate amount of Discount accruing on all outstanding Commercial Paper issued by, or for the benefit of, such Match Funding CP Conduit Purchaser to fund the CP Conduit Funded Amount with respect to such
Match Funding CP Conduit Purchaser on such day, (B)&nbsp;with respect to a Pooled Funding CP Conduit Purchaser, the aggregate amount of Discount accruing on or otherwise in respect of the Commercial Paper issued by, or for the benefit of, such
Pooled Funding CP Conduit Purchaser allocated, in whole or in part, by the Funding Agent with respect to such Pooled Funding CP Conduit Purchaser, to fund the purchase or maintenance of the CP Conduit Funded Amount with respect to such Pooled
Funding CP Conduit Purchaser or (C)&nbsp;with respect to a LIBOR Funding CP Conduit Purchaser, the product of (x)&nbsp;the CP Conduit Funded Amount with respect to such CP Conduit Purchaser Group on such day <I>times </I>(y)&nbsp;the Benchmark for
such day, <I>divided</I> by (z) 360; <I>plus</I> </P>
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 <P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:9%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(ii) for each day during such Series
<FONT STYLE="white-space:nowrap">2015-3</FONT> Interest Period, the sum of: </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:13%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(A) the product of (I)&nbsp;the portion of
the APA Bank Funded Amount with respect to such CP Conduit Purchaser Group allocated to the Floating Tranche with respect to such CP Conduit Purchaser Group on such day <I>times </I>(II)&nbsp;the Alternate Base Rate <I>plus </I>the Applicable Margin
on such day, <I>divided </I>by (III) 365 (or 366, as the case may be) <I>plus</I> </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:13%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(B) the product of (I)&nbsp;the portion
of the APA Bank Funded Amount with respect to such CP Conduit Purchaser Group allocated to Eurodollar Tranches with respect to such CP Conduit Purchaser Group on such day <I>times </I>(II)&nbsp;the weighted average Adjusted LIBO Rate with respect to
such Eurodollar Tranches <I>plus </I>the Applicable Margin on such day in effect with respect thereto <I>divided </I>by (III) 360; <I>plus</I> </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:9%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(iii) for each day during such Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Interest Period, the product of
(A)&nbsp;the CP Conduit Funded Amount with respect to such CP Conduit Purchaser Group on such day <I>times </I>(B)&nbsp;the Program Fee Rate on such day <I>divided </I>by (C) 360; or </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(b) any <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser Group, the sum for each day during such Series <FONT
STYLE="white-space:nowrap">2015-3</FONT> Interest Period of the product of (i)&nbsp;the Purchaser Group Invested Amount with respect to such <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser Group on such day <I>times </I>(ii)&nbsp;the
sum of (A)&nbsp;the Benchmark with respect to such day and (B)&nbsp;either (1) the Program Fee Rate on such day or (2)&nbsp;in accordance with the terms of Section&nbsp;2.7(h), the Applicable Margin with respect to any Eurodollar Tranche on such
day, as applicable, <I>divided </I>by (iii) 360; <U>provided</U>, <U>however</U>, that if (x)&nbsp;any Change in Law shall make it unlawful for any <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser Group to fund its Purchaser Group
Invested Amount at the Benchmark, (y)&nbsp;the Administrative Agent or any <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser determines (which determination shall be conclusive absent manifest error) that adequate and reasonable means do
not exist for ascertaining the Benchmark or (z)&nbsp;any <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser determines that the Benchmark will not adequately and fairly reflect the cost to such
<FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser of funding the Purchaser Group Invested Amount with respect to its Related Purchaser Group, and in each such case such <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser Group
shall have notified the Administrative Agent in writing thereof (and not subsequently notified the Administrative Agent such circumstances no longer exist), the amount of Monthly Funding Costs for each day with respect to such <FONT
STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser Group will be calculated using the sum of (1)&nbsp;the Alternate Base Rate (or, if a Benchmark Replacement has been implemented in accordance with Section&nbsp;7.4, such Benchmark Replacement)
and (2)&nbsp;the Program Fee Rate or, if the Applicable Margin with respect to any Eurodollar Tranche would otherwise be used in clause (ii)&nbsp;above in this clause (b), the Applicable Margin with respect to any Floating Tranche, on such day in
such clause (ii) (rather than the sum of (1)&nbsp;the Benchmark and (2)&nbsp;the Program Fee Rate or the Applicable Margin with respect to any Eurodollar Tranche, as applicable); <U>provided</U> <U>further</U> that, notwithstanding anything herein
to the contrary, on any day on which an Amortization Event shall have occurred and be continuing, the amount of Monthly Funding Costs for such day with respect to such <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser will be calculated
using the sum of (1)&nbsp;the Alternate Base Rate for such day and (2)&nbsp;the Applicable Margin with respect to any Floating Tranche on such day (rather than the sum of (1)&nbsp;the Benchmark and (2)&nbsp;the Program Fee Rate or the Applicable
Margin with respect to any Eurodollar Tranche, as applicable). </P>
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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Monthly Total Principal Allocation</U>&#148; means for any Related Month the sum of
all Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Principal Allocations with respect to such Related Month. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Moody&#146;s</U>&#148; means Moody&#146;s Investors Service, Inc. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Multi-Series Letter of Credit</U>&#148; means an irrevocable letter of credit, if any, substantially in the form of <U>Exhibit G</U>
issued by a Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Eligible Letter of Credit Provider in favor of the Trustee for the benefit, in whole or in part, of the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Noteholders
(<U>provided</U> that a Multi-Series Letter of Credit may also benefit Noteholders of certain other Series). </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Multi-Series Letter
of Credit Expiration Date</U>&#148; means, with respect to any Multi-Series Letter of Credit, the expiration date set forth in such Multi-Series Letter of Credit, as such date may be extended in accordance with the terms of such Multi-Series Letter
of Credit. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Multi-Series Letter of Credit Provider</U>&#148; means any issuer of any Multi-Series Letter of Credit. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Multi-Series Letter of Credit Termination Date</U>&#148; means the first to occur of (a)&nbsp;the date on which the Series <FONT
STYLE="white-space:nowrap">2015-3</FONT> Notes are fully paid and (b)&nbsp;the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Termination Date. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U><FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser</U>&#148; means each financial institution or other entity (other than
a commercial paper conduit, APA Bank or Funding Agent) listed on Schedule I or party to a Purchaser Group Supplement pursuant to which such financial institution or entity became a party to this Supplement. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U><FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser Group</U>&#148; means a
<FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U><FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser
Participants</U>&#148; is defined in Section&nbsp;11.1(f). </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U><FONT STYLE="white-space:nowrap">Non-Deferrable</FONT> Draw
Amount</U>&#148; means, with respect to any Purchaser Group as of any Increase Date, an amount equal to the lesser of (i)&nbsp;the excess, if any, of (x) 10% of the Maximum Purchaser Group Invested Amount with respect to such Purchaser Group over
(y)&nbsp;the portion of any Increase Amounts funded by such Purchaser Group during the preceding thirty-five (35)&nbsp;days pursuant to a <FONT STYLE="white-space:nowrap">Non-Deferrable</FONT> Increase Notice or, to the extent of any decrease
pursuant to Section&nbsp;2.3(e) in the Delayed Amount set forth in a Delayed Funding Notice delivered by such Purchaser Group, a Deferrable Increase Notice and (ii)&nbsp;the excess, if any, of (x)&nbsp;the Maximum Purchaser Group Invested Amount
with respect to such Purchaser Group over (y)&nbsp;the sum of (1)&nbsp;the Purchaser Group Invested Amount with respect to such Purchaser Group and (2)&nbsp;any unfunded Delayed Amounts with respect to such Purchaser Group, in each case as of such
Increase Date. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U><FONT STYLE="white-space:nowrap">Non-Deferrable</FONT> Increase Notice</U>&#148; means a notice of Increase that
provides that a Delayed Funding Notice may not be provided by any Purchaser Group with respect to such Increase in accordance with Section&nbsp;2.3(e). </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">25 </P>

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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U><FONT STYLE="white-space:nowrap">Non-Delayed</FONT> Funding Purchaser
Group</U>&#148; is defined in Section&nbsp;2.3(f). </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U><FONT STYLE="white-space:nowrap">Non-Extending</FONT> Purchaser
Group</U>&#148; means any Purchaser Group who shall not have agreed to an extension of its Scheduled Expiry Date pursuant to Section&nbsp;2.6(b). </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>NYFRB</U>&#148; means the Federal Reserve Bank of New York. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>NYFRB&#146;s Website</U>&#148; means the website of the NYFRB at http://www.newyorkfed.org, or any successor source. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Optional Termination Date</U>&#148; is defined in Section&nbsp;2.5(b). </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Optional Termination Notice</U>&#148; is defined in Section&nbsp;2.5(b). </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Other Taxes</U>&#148; means any and all current or future stamp or documentary taxes or other excise or property taxes, charges or
similar levies arising from any payment made under this Supplement, the Base Indenture, or any Related Documents or from the execution, delivery or enforcement of, or otherwise with respect to, this Supplement, the Base Indenture or any Related
Document. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Outstanding</U>&#148; means, with respect to the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Notes, the
Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Invested Amount shall not have been reduced to zero and all accrued interest and other amounts owing on the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Notes and to the Administrative
Agent, the Funding Agents, the CP Conduit Purchasers, the Committed Note Purchasers, the APA Banks and the <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchasers hereunder shall not have been paid in full. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Past Due Rent Payment</U>&#148; is defined in Section&nbsp;3.2(g). </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#147;<U>Patriot Act</U>&#148; is defined in Section&nbsp;11.26. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#147;<U>Payment</U>&#148; is defined in Section&nbsp;9.10(a). </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#147;<U>Payment Notice</U>&#148; is defined in Section&nbsp;9.10(b). </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Permitted Investments</U>&#148; means negotiable instruments or securities maturing on or before the Distribution Date next occurring
after the investment therein, payable in Dollars, issued by an entity organized under the laws of the United States of America and represented by instruments in bearer or registered or in book-entry form which evidence (i)&nbsp;obligations the full
and timely payment of which are to be made by or is fully guaranteed by the United States of America other than financial contracts whose value depends on the values or indices of asset values; (ii)&nbsp;demand deposits of, time deposits in, or
certificates of deposit issued by, any depositary institution or trust company incorporated under the laws of the United States of America or any state thereof whose short-term debt is rated <FONT STYLE="white-space:nowrap">&#147;P-1&#148;</FONT> by
Moody&#146;s and <FONT STYLE="white-space:nowrap">&#147;A-1&#148;</FONT> or higher by Standard&nbsp;&amp; Poor&#146;s and subject to supervision and examination by Federal or state banking or depositary institution authorities; <U>provided</U>,
<U>however</U>, that at the earlier of (x)&nbsp;the time of the investment and (y)&nbsp;the time of the contractual commitment to invest therein, the certificates of deposit or short-term deposits, if any, or long-term unsecured debt obligations
(other than such obligation whose rating is based on collateral or on the credit of a Person other than such institution or trust company) </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">26 </P>

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of such depositary institution or trust company shall have a credit rating from Standard&nbsp;&amp; Poor&#146;s of <FONT STYLE="white-space:nowrap">&#147;A-1+&#148;,</FONT> in the case of
certificates of deposit or short-term deposits, or a rating from Standard&nbsp;&amp; Poor&#146;s not lower than &#147;AA&#148;, in the case of long-term unsecured debt obligations; (iii)&nbsp;commercial paper having, at the earlier of (x)&nbsp;the
time of the investment and (y)&nbsp;the time of the contractual commitment to invest therein, a rating from Standard&nbsp;&amp; Poor&#146;s of <FONT STYLE="white-space:nowrap">&#147;A-1+&#148;</FONT> and a rating from Moody&#146;s of <FONT
STYLE="white-space:nowrap">&#147;P-1&#148;;</FONT> (iv) bankers&#146; acceptances issued by any depositary institution or trust company described in <U>clause (ii)</U>&nbsp;above; (v) investments in money market funds (x)&nbsp;rated &#147;AAm&#148;
by Standard&nbsp;&amp; Poor&#146;s or otherwise approved in writing by Standard&nbsp;&amp; Poor&#146;s and (y)&nbsp;rated &#147;Aaa&#148; by Moody&#146;s or otherwise approved in writing by Moody&#146;s; (vi)&nbsp;Eurodollar time deposits having a
credit rating from Standard&nbsp;&amp; Poor&#146;s of <FONT STYLE="white-space:nowrap">&#147;A-1+&#148;</FONT> and a credit rating from Moody&#146;s of at least &#147;A3&#148; or <FONT STYLE="white-space:nowrap">&#147;P-1&#148;;</FONT> (vii)
repurchase agreements involving any of the Permitted Investments described in <U>clauses (i)</U>&nbsp;and (<U>vi)</U> above and the certificates of deposit described in <U>clause (ii</U>)&nbsp;above which are entered into with a depository
institution or trust company, having a commercial paper or short-term certificate of deposit rating of <FONT STYLE="white-space:nowrap">&#147;A-1+&#148;</FONT> by Standard&nbsp;&amp; Poor&#146;s and
<FONT STYLE="white-space:nowrap">&#147;P-1&#148;</FONT> by Moody&#146;s or which otherwise is approved as to collateralization by the Rating Agencies; and (viii)&nbsp;any other instruments or securities, if the Rating Agencies confirm in writing
that the investment in such instruments or securities will not adversely affect any rating with respect to the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Notes and, so long as Standard&nbsp;&amp; Poor&#146;s and/or Moody&#146;s rates the
Commercial Paper issued by any CP Conduit Purchaser, Standard&nbsp;&amp; Poor&#146;s and/or Moody&#146;s, as applicable, confirms in writing that the investment in such instruments or securities will not adversely affect any rating of the Commercial
Paper issued by any CP Conduit Purchaser whose Commercial Paper is rated by Standard&nbsp;&amp; Poor&#146;s or Moody&#146;s, as applicable, at such time. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Pooled Funding CP Conduit Purchaser</U>&#148; means each CP Conduit Purchaser that is not (x)&nbsp;a Match Funding CP Conduit
Purchaser (or that was a Match Funding Conduit Purchaser and that, after the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Closing Date, notifies ABRCF and the Administrative Agent in accordance with Section&nbsp;2.7(d) in writing that ABRCF
may no longer be permitted to select CP Tranches in respect to the CP Conduit Funded Amount with respect to such CP Conduit Purchaser) or (y)&nbsp;a LIBOR Funding CP Conduit Purchaser. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Preference Amount</U>&#148; means any amount previously distributed to a member or members of a Purchaser Group on or relating to a
Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Note that is recoverable or that has been recovered as a voidable preference by the trustee in a bankruptcy proceeding of a Demand Note Issuer pursuant to the Bankruptcy Code in accordance with a
final nonappealable order of a court having competent jurisdiction. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U><FONT STYLE="white-space:nowrap">Pre-Preference</FONT>
Period Demand Note Payments</U>&#148; means, as of any date of determination, the aggregate amount of all proceeds of demands made on the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Demand Notes included in the Series <FONT
STYLE="white-space:nowrap">2015-3</FONT> Demand Note Payment Amount as of the Multi-Series Letter of Credit Termination Date that were paid by the Demand Note Issuers more than one year before such date of determination; <U>provided</U>,
<U>however</U>,<I> </I>that if an Event of Bankruptcy (or the occurrence of an event described in clause (a)&nbsp;of the definition thereof, without the lapse of a period of 60 consecutive days) with respect to a Demand Note Issuer occurs during
such <FONT STYLE="white-space:nowrap">one-year</FONT> period, (x)&nbsp;the <FONT STYLE="white-space:nowrap">Pre-Preference</FONT> Period Demand Note Payments as of any date during the period from and including the date of the occurrence of such
Event of Bankruptcy to and including the conclusion or dismissal of the proceedings giving rise to such Event of Bankruptcy without continuing jurisdiction by the court in<B> </B>such proceedings shall equal the
<FONT STYLE="white-space:nowrap">Pre-Preference</FONT> Period Demand Note Payments as of the date of such occurrence and (y)&nbsp;the <FONT STYLE="white-space:nowrap">Pre-Preference</FONT> Period Demand Note Payments as of any date after the
conclusion or dismissal of such proceedings shall equal the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Demand Note Payment Amount as of the date of the conclusion or dismissal of such proceedings. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">27 </P>

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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Pricing Increase Notice</U>&#148; is defined in Section&nbsp;2.7(h). </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Pricing Increase Rescission</U>&#148; is defined in Section&nbsp;2.7(h). </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Prime Rate</U>&#148; means the rate of interest per annum publicly announced from time to time by JPMorgan Chase as its prime rate in
effect at its principal office in New York City. Each change in the Prime Rate shall be effective from and including the date such change is publicly announced as being effective. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Principal Deficit Amount</U>&#148; means, on any date of determination, the excess, if any, of (i)&nbsp;the Class&nbsp;A Invested
Amount on such date (after giving effect to the distribution of the Monthly Total Principal Allocation for the Related Month if such date is a Distribution Date) over (ii)&nbsp;the sum of (a)&nbsp;the Series
<FONT STYLE="white-space:nowrap">2015-3</FONT> AESOP I Operating Lease Loan Agreement Borrowing Base and (b)&nbsp;the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> VFN Percentage of the excess, if any, of (1)&nbsp;the AESOP II Loan Agreement
Borrowing Base over (2)&nbsp;the AESOP II DBRS Excluded Manufacturer Amount on such date. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Pro Rata Share</U>&#148; means, with
respect to any Purchaser Group, on any date, the ratio, expressed as a percentage, which the Purchaser Group Invested Amount with respect to such Purchaser Group bears to the Class&nbsp;A Invested Amount on such date. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Program Fee Rate</U>&#148; is defined in the Fee Letter. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Program Support Provider</U>&#148; means, with respect to any CP Conduit Purchaser, the APA Bank with respect to such CP Conduit
Purchaser and any other or additional Person now or hereafter extending credit, or having a commitment to extend credit to or for the account of, or to make purchases from, such CP Conduit Purchaser or issuing a letter of credit, surety bond or
other instrument to support any obligations arising under or in connection with such CP Conduit Purchaser&#146;s securitization program. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Purchase Effective Date</U>&#148; is defined in Section&nbsp;2.6(d). </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Purchaser Group</U>&#148; means a CP Conduit Purchaser Group or a <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser
Group. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#147;<U>Purchaser Group Addition Date</U>&#148; is defined in Section&nbsp;2.6(e). </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Purchaser Group Increase Amount</U>&#148; means, with respect to any Purchaser Group, for any Business Day, such Purchaser
Group&#146;s Commitment Percentage of the Increase Amount with respect to the Class&nbsp;A Notes, if any, on such Business Day. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Purchaser Group Invested Amount</U>&#148; means, with respect to any Purchaser Group, (a)&nbsp;when used with respect to the A&amp;R
Effective Date, such Purchaser Group&#146;s Commitment </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">28 </P>

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Percentage of the Class&nbsp;A Initial Invested Amount and (b)&nbsp;when used with respect to any other date, an amount equal to (i)&nbsp;the Purchaser Group Invested Amount with respect to such
Purchaser Group on the immediately preceding Business Day <U>plus</U> (ii)&nbsp;the Purchaser Group Increase Amount with respect to such Purchaser Group on such date <U>minus</U> (iii)&nbsp;the amount of principal payments made to such Purchaser
Group pursuant to Section&nbsp;3.5(f) on such date <U>plus</U> (iv)&nbsp;the amount of principal payments recovered from such Purchaser Group by a trustee as a preference payment in a bankruptcy proceeding of a Demand Note Issuer or otherwise. For
the avoidance of doubt, (x)&nbsp;so long as any Purchaser Group has failed to fund any portion of its Purchaser Group Increase Amount with respect to any Increase Date (including any Delayed Amount), such unfunded amount shall not be included in the
Purchaser Group Invested Amount for such Purchaser Group unless and until such amount has been funded (including by Funding any Delayed Funding Reimbursement Amount, if applicable) and (y)&nbsp;any Delayed Amounts funded on an Increase Date by a <FONT
STYLE="white-space:nowrap">Non-Delayed</FONT> Funding Purchaser Group shall be included in the Purchaser Group Invested Amount for such <FONT STYLE="white-space:nowrap">Non-Delayed</FONT> Funding Purchaser Group until the related Delayed Funding
Reimbursement Amount has been funded. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Purchaser Group Supplement</U>&#148; is defined in Section&nbsp;11.1(e). </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Qualified Interest Rate Cap Counterparty</U>&#148; means a counterparty to a Series <FONT STYLE="white-space:nowrap">2015-3</FONT>
Interest Rate Cap that is a bank, other financial institution or Person which has, or has all of its obligations under its Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Interest Rate Cap guaranteed by a Person that has a long-term senior,
unsecured debt, deposit, claims paying or credit (as the case may be) rating of at least &#147;BBB&#148; from DBRS, a long-term senior unsecured debt, deposit, claims paying or credit (as the case may be) rating of at least &#147;Baa2&#148; from
Moody&#146;s or a long-term senior unsecured debt, deposit, claims paying or credit (as the case may be) rating of at least &#147;BBB&#148; from Standard&nbsp;&amp; Poor&#146;s. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Record Date</U>&#148; means, with respect to each Distribution Date, the immediately preceding Business Day. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Reference Banks</U>&#148; means four major banks in the London interbank market selected by the Administrative Agent. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Reference Time</U>&#148; with respect to any setting of the then-current Benchmark means (1)&nbsp;if such Benchmark is the LIBO Rate,
the time set forth in the definition thereof, and (2)&nbsp;if such Benchmark is not the LIBO Rate, the time determined by the Administrative Agent in its reasonable discretion. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Related Additional APA Banks</U>&#148; is defined in Section&nbsp;2.6(e). </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Related <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser</U>&#148; means, with respect to any <FONT
STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser Group, the <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser that constitutes such <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser Group. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Related Purchaser Group</U>&#148; means, with respect to (a)&nbsp;any Funding Agent, the CP Conduit Purchaser identified next to such
Funding Agent on Schedule I and each APA Bank identified on Schedule I next to such CP Conduit Purchaser or the CP Conduit Purchaser and APA Bank party to the Purchaser Group Supplement pursuant to which such Funding Agent became a party to this
Supplement, (b)&nbsp;any CP Conduit Purchaser, the CP Conduit Purchaser Group of which such CP Conduit Purchaser is a member and (c)&nbsp;any <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser, the
<FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser Group that such <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser constitutes. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">29 </P>

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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Relevant Governmental Body</U>&#148; means the Board and/or the NYFRB, or a
committee officially endorsed or convened by the Board and/or the NYFRB, or, in each case, any successor thereto. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Replacement
Credit Agreement</U>&#148; means any credit agreement or similar facility entered into by Avis Budget Holdings, LLC, ABCR and/or any affiliate of either entity, that refinances or replaces the Credit Agreement, as such Replacement Credit Agreement
may be amended, restated, modified, supplemented or waived from time to time in accordance with its terms. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Requisite
Noteholders</U>&#148; means Purchaser Groups having Commitment Percentages aggregating more than 50% (or if all Commitments have terminated, Purchaser Groups whose aggregate Purchaser Group Invested Amounts exceed 50% of the Series <FONT
STYLE="white-space:nowrap">2015-3</FONT> Invested Amount); <U>provided</U>, <U>however</U>, that on any date on which there are fewer than three Purchaser Groups (solely for the purposes of this proviso, Purchaser Groups members of which are
Affiliates of members of another Purchaser Group shall be deemed to be one Purchaser Group), &#147;Requisite Noteholders&#148; shall mean all Purchaser Groups, collectively. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Resolution Authority</U>&#148; means an EEA Resolution Authority or, with respect to any UK Financial Institution, a UK Resolution
Authority. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Retained Interest</U>&#148; means a material net economic interest in the form of the retention of the first loss
tranche (within the meaning of paragraph 3(d) of Article 6 of the Securitisation Regulations) by way of holding Class&nbsp;R Notes with a Class&nbsp;R Invested Amount of not less than 5% of the Retention Basis Amount. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Retention Basis Amount</U>&#148; means the nominal value of the Collateral that will be secured under the Indenture as a result of
the Issuer&#146;s use of the proceeds from the issuance of the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Notes. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Retention Test</U>&#148; means a test that will be satisfied if as of (x)&nbsp;the A&amp;R Effective Date, the Class&nbsp;R Initial
Invested Amount equals or exceeds 5.21% of the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Invested Amount (after giving effect to the funding of the Class&nbsp;A Notes and the Class&nbsp;R Notes on the Series <FONT
STYLE="white-space:nowrap">2015-3</FONT> Closing Date) and (y)&nbsp;any Increase Date, the Class&nbsp;R Invested Amount equals or exceeds the higher of (1) 5.21% of the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Invested Amount (after
giving effect to the funding of Class&nbsp;A Notes and Class&nbsp;R Notes on such Increase Date) and (2)&nbsp;the amount determined by the Administrator that is required to maintain compliance with the U.S. Risk Retention Rules. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Sanctions</U>&#148; means all economic or financial sanctions or trade embargoes imposed, administered or enforced from time to time
by (a)&nbsp;the U.S. government, including those administered by the Office of Foreign Assets Control of the U.S. Department of the Treasury or the U.S. Department of State, or (b)&nbsp;the United Nations Security Council, the European Union, any
European Union member state, Her Majesty&#146;s Treasury of the United Kingdom or other relevant sanctions authority. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">30 </P>

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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Sanctioned Country</U>&#148; means at any time, a country, region or territory
which is itself the subject or target of any Sanctions (including Cuba, Iran, North Korea, Syria Venezuela and the Crimea region of Ukraine). </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Sanctioned Person</U>&#148; means at any time, (a)&nbsp;any Person listed in any Sanctions-related list of designated Persons
maintained by the Office of Foreign Assets Control of the U.S. Department of the Treasury, the U.S. Department of State, or by the United Nations Security Council, the European Union, any European Union member state, Her Majesty&#146;s Treasury of
the United Kingdom or other relevant sanctions authority, (b)&nbsp;any Person operating, organized or resident in a Sanctioned Country or (c)&nbsp;any Person owned or controlled by any such Person or Persons described in the foregoing clauses
(a)&nbsp;or (b). </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Scheduled Expiry Date</U>&#148; means, with respect to any Purchaser Group, March&nbsp;31, 2023, as such date
may be extended in accordance with Section&nbsp;2.6(b). </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Securitisation Regulations</U>&#148; means the EU Securitisation
Regulation and the U.K. Securitisation Regulation. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Selected Fleet Market Value</U>&#148; means, with respect to all Adjusted
Program Vehicles and all <FONT STYLE="white-space:nowrap">Non-Program</FONT> Vehicles (excluding (i)&nbsp;any Unaccepted Program Vehicles, (ii)&nbsp;any Excluded Redesignated Vehicles and (iii)&nbsp;any other
<FONT STYLE="white-space:nowrap">Non-Program</FONT> Vehicles that are subject to a Manufacturer Program with an Eligible <FONT STYLE="white-space:nowrap">Non-Program</FONT> Manufacturer with respect to which no Manufacturer Event of Default has
occurred and is continuing) as of any date of determination, the sum of the respective Market Values of each such Adjusted Program Vehicle and each such <FONT STYLE="white-space:nowrap">Non-Program</FONT> Vehicle, in each case subject to the AESOP I
Operating Lease or the Finance Lease as of such date. For purposes of computing the Selected Fleet Market Value, the &#147;Market Value&#148; of an Adjusted Program Vehicle or a <FONT STYLE="white-space:nowrap">Non-Program</FONT> Vehicle means the
market value of such Vehicle as specified in the most recently published NADA Guide for the model class and model year of such Vehicle based on the average equipment and the average mileage of each Vehicle of such model class and model year then
leased under the AESOP I Operating Lease and the Finance Lease; <U>provided</U>, that if the NADA Guide is not being published or the NADA Guide is being published but such Vehicle is not included therein, the Market Value of such Vehicle shall be
based on the market value specified in the most recently published Finance Guide for the model class and model year of such Vehicle based on the average equipment and the average mileage of each Vehicle of such model class and model year then leased
under the AESOP I Operating Lease or the Finance Lease; <U>provided</U>, <U>further</U>, that if the Finance Guide is being published but such Vehicle is not included therein, the Market Value of such Vehicle shall mean (x)&nbsp;in the case of an
Adjusted Program Vehicle, the Adjusted Net Book Value of such Adjusted Program Vehicle and (y)&nbsp;in the case of a <FONT STYLE="white-space:nowrap">Non-Program</FONT> Vehicle, the Net Book Value of such
<FONT STYLE="white-space:nowrap">Non-Program</FONT> Vehicle <U>provided</U>, <U>further</U>, that if the Finance Guide is not being published, the Market Value of such Vehicle shall be based on an independent third-party data source selected by the
Administrator and approved by each Rating Agency that is rating any Series of Notes at the request of ABRCF based on the average equipment and average mileage of each Vehicle of such model class and model year then leased under the AESOP I Operating
Lease or the Finance Lease; <U>provided</U>, <U>further</U>, that if no such third-party data source or methodology shall have been so approved or any such third-party data source or methodology is not available, the Market Value of such Vehicle
shall be equal to a reasonable estimate of the wholesale market value of such Vehicle as determined by the Administrator, based on the Net Book Value of such Vehicle and any other factors deemed relevant by the Administrator. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">31 </P>

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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Senior Monthly Funding Costs</U>&#148; means, with respect to each Series <FONT
STYLE="white-space:nowrap">2015-3</FONT> Interest Period and any Purchaser Group, the excess of (a)&nbsp;the Monthly Funding Costs over (b)&nbsp;the Contingent Monthly Funding Costs, in each case, with respect to such Series <FONT
STYLE="white-space:nowrap">2015-3</FONT> Interest Period and such Purchaser Group. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series
<FONT STYLE="white-space:nowrap">2010-6</FONT> Class</U><U></U><U>&nbsp;A Invested Amount</U>&#148; means the &#147;Class&nbsp;A Invested Amount&#148; as defined in the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Supplement. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Notes</U>&#148; has the meaning assigned thereto in the Series <FONT
STYLE="white-space:nowrap">2010-6</FONT> Supplement. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Overcollateralization
Amount</U>&#148; has the meaning assigned thereto in the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Supplement. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Supplement</U>&#148; means the Fourth Amended and Restated Series <FONT
STYLE="white-space:nowrap">2010-6</FONT> Supplement, dated as of June&nbsp;18, 2021, among ABRCF, the Administrator, the Administrative Agent, the <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchasers, CP Conduit Purchasers, APA Banks,
Funding Agents and the Committed Note Purchasers party thereto, the Trustee and The Bank of New York Mellon Trust Company, N.A., as Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Agent, as amended, restated, modified or supplemented from time
to time in accordance with its terms. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Accrued Interest Account</U>&#148;
is defined in Section&nbsp;3.1(b). </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2015-3</FONT> AESOP I Operating Lease Loan Agreement
Borrowing Base</U>&#148; means, as of any date of determination, the product of (a)&nbsp;the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> AESOP I Operating Lease Vehicle Percentage as of such date and (b)&nbsp;the excess of (i)&nbsp;the
AESOP I Operating Lease Loan Agreement Borrowing Base as of such date <U>over</U> (ii)&nbsp;the DBRS Excluded Manufacturer Amount as of such date. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2015-3</FONT> AESOP I Operating Lease Vehicle Percentage</U>&#148; means, as of any date of
determination, a fraction, expressed as a percentage (which percentage shall never exceed 100%), the numerator of which is the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Required AESOP I Operating Lease Vehicle Amount as of such date and
the denominator of which is the sum of the Required AESOP I Operating Lease Vehicle Amounts for all Series of Notes as of such date. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Agent</U>&#148; is defined in the recitals hereto. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Allocated Cash Amount</U>&#148; means, as of any date of determination, an
amount equal to (x)&nbsp;all cash on deposit in the Collection Account as of such date <I>times</I> (y)&nbsp;the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Invested Percentage (calculated with respect to Principal Collections) as of such
date. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Allocated Multi-Series Letter of Credit Amount</U>&#148; means, as
of any date of determination, the lesser of (a)&nbsp;the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Allocated Multi-Series Letter of Credit Liquidity Amount on such date and (b)&nbsp;the aggregate outstanding principal amount of the
Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Demand Notes on such date. </P>
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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Allocated Multi-Series Letter
of Credit Liquidity Amount</U>&#148; means, as of any date of determination, the sum of (a)&nbsp;the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Applicable Multi-Series L/C Amount as of such date under each Multi-Series Letters of Credit
on which no draw has been made pursuant to Section&nbsp;3.8(c), and (b)&nbsp;if the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Cash Collateral Account has been established and funded pursuant to Section&nbsp;3.8, the Series <FONT
STYLE="white-space:nowrap">2015-3</FONT> Available Cash Collateral Account Amount on such date. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT
STYLE="white-space:nowrap">2015-3</FONT> Applicable Multi-Series L/C Amount</U>&#148; means, as of any date of determination, an amount equal to the sum, for each Multi-Series Letter of Credit, of (1)&nbsp;the aggregate amount available to be drawn
on such date under such Multi-Series Letter of Credit <I>times</I> (2)&nbsp;an amount (expressed as a percentage) equal to the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Required Liquidity Amount divided by &#147;Required Liquidity
Amount&#148; for each applicable Series for which such Multi-Series Letter of Credit is providing credit enhancement. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT
STYLE="white-space:nowrap">2015-3</FONT> Available Cash Collateral Account Amount</U>&#148; means, as of any date of determination, the amount on deposit in the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Cash Collateral Account (after
giving effect to any deposits thereto and withdrawals and releases therefrom on such date). </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT
STYLE="white-space:nowrap">2015-3</FONT> Available Reserve Account Amount</U>&#148; means, as of any date of determination, the amount on deposit in the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Reserve Account (after giving effect to
any deposits thereto and withdrawals and releases therefrom on such date). </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2015-3</FONT>
Cash Collateral Account</U>&#148; is defined in Section&nbsp;3.8(e). </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Cash
Collateral Account Collateral</U>&#148; is defined in Section&nbsp;3.8(a). </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2015-3</FONT>
Cash Collateral Account Surplus</U>&#148; means, with respect to any Distribution Date, the lesser of (a)&nbsp;the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Available Cash Collateral Account Amount and (b)&nbsp;the lesser of (A)&nbsp;the
excess, if any, of the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Liquidity Amount (after giving effect to any withdrawal from the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Reserve Account on such Distribution Date) over the
Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Required Liquidity Amount on such Distribution Date and (B)&nbsp;the excess, if any, of the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Enhancement Amount (after giving effect to any
withdrawal from the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Reserve Account on such Distribution Date) over the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Required Enhancement Amount on such Distribution Date;
<U>provided</U>, <U>however</U>, that, on any date after the Multi-Series Letter of Credit Termination Date, the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Cash Collateral Account Surplus shall mean the excess, if any, of (x)&nbsp;the
Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Available Cash Collateral Account Amount over (y)&nbsp;the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Demand Note Payment Amount <U>minus</U><I> </I>the
<FONT STYLE="white-space:nowrap">Pre-Preference</FONT> Period Demand Note Payments as of such date. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT
STYLE="white-space:nowrap">2015-3</FONT> Cash Collateral Percentage</U>&#148; means, as of any date of determination, the percentage equivalent of a fraction, the numerator of which is the Series <FONT STYLE="white-space:nowrap">2015-3</FONT>
Available Cash Collateral Amount as of such date and the denominator of which is the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Allocated Multi-Series Letter of Credit Liquidity Amount as of such date. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Closing Date</U>&#148; means November&nbsp;19, 2015. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">33 </P>

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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Collateral</U>&#148; means
the Collateral, each Multi-Series Letter of Credit, each Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Demand Note, the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Interest Rate Cap Collateral, the Series <FONT
STYLE="white-space:nowrap">2015-3</FONT> Distribution Account Collateral, the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Cash Collateral Account Collateral and the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Reserve Account
Collateral. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Collection Account</U>&#148; is defined in
Section&nbsp;3.1(b). </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Controlled Amortization Period</U>&#148; means the
period commencing at the close of business on the Business Day immediately preceding the date on which the Scheduled Expiry Date with respect to each Purchaser Group shall have occurred and continuing to the earliest of (i)&nbsp;the commencement of
the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Rapid Amortization Period, (ii)&nbsp;the date on which the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Notes are fully paid and (iii)&nbsp;the termination of the Indenture. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Controlled Distribution Amount</U>&#148; means, with respect to any Related
Month during the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Controlled Amortization Period, the sum of the Class&nbsp;A Controlled Distribution Amount and the Class&nbsp;R Controlled Distribution Amount with respect to such Related Month.
</P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2015-3</FONT> DBRS Below Investment Grade
<FONT STYLE="white-space:nowrap">Non-Program</FONT> Enhancement Rate</U>&#148; means, as of any date of determination, the sum of (a) 36.25%, (b) the greater of (x)&nbsp;the highest, for any calendar month within the preceding twelve calendar
months, of an amount (not less than zero) equal to 100% <U>minus</U> the Measurement Month Average for the immediately preceding Measurement Month and (y)&nbsp;the highest, for any calendar month within the preceding three calendar months, of an
amount (not less than zero) equal to 100% <U>minus</U> the Market Value Average as of the Determination Date within such calendar month (excluding the Market Value Average for any Determination Date which has not yet occurred) and (c)&nbsp;if the <FONT
STYLE="white-space:nowrap">Non-Program</FONT> Vehicle Amount exceeds the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Maximum <FONT STYLE="white-space:nowrap">Non-Program</FONT> Vehicle Amount as of such date of determination, 1.00%. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2015-3</FONT> DBRS Below Investment Grade <FONT STYLE="white-space:nowrap">Non-Program</FONT>
Vehicle Percentage</U>&#148; means as of any date of determination, a fraction, expressed as a percentage, (a)&nbsp;the numerator of which is the excess of (x)&nbsp;the aggregate Net Book Value of all
<FONT STYLE="white-space:nowrap">Non-Program</FONT> Vehicles leased under the AESOP I Operating Lease or the AESOP II Operating Lease that were manufactured by a Manufacturer that does not have a <FONT STYLE="white-space:nowrap">long-term</FONT>
senior unsecured debt rating from DBRS (or, if such Manufacturer is not rated by DBRS, a DBRS Equivalent Rating) of at least &#147;BBB (low)&#148; over (y)&nbsp;the aggregate Net Book Value of all the
<FONT STYLE="white-space:nowrap">Non-Program</FONT> Vehicles included in the numerator of the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> DBRS Below Investment Grade Program Vehicle Percentage as of such date of determination (b)&nbsp;the
denominator of which is the aggregate Net Book Value of all Vehicles leased under the AESOP I Operating Lease or the AESOP II Operating Lease as of such date. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2015-3</FONT> DBRS Below Investment Grade Program Enhancement Rate</U>&#148; means, as of any
date of determination, 36.25%. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2015-3</FONT> DBRS Below Investment Grade Program Vehicle
Percentage</U>&#148; means, as of any date of determination, a fraction, expressed as a percentage, (a)&nbsp;the numerator of which is the sum, without duplication, of (1)&nbsp;the aggregate Net Book Value of all Program Vehicles leased under the
AESOP I Operating Lease or the AESOP II Operating Lease that were </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">34 </P>

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manufactured by an Eligible Program Manufacturer that does not have a <FONT STYLE="white-space:nowrap">long-term</FONT> senior unsecured debt rating from DBRS (or, if such Manufacturer is not
rated by DBRS, a DBRS Equivalent Rating) of at least &#147;BBB (low)&#148; and (2)&nbsp;so long as no Manufacturer Event of Default has occurred and is continuing with respect to such Eligible <FONT STYLE="white-space:nowrap">Non-Program</FONT>
Manufacturer, the aggregate Net Book Value of all <FONT STYLE="white-space:nowrap">Non-Program</FONT> Vehicles leased under the AESOP I Operating Lease or the AESOP II Operating Lease that (i)&nbsp;were manufactured by an Eligible <FONT
STYLE="white-space:nowrap">Non-Program</FONT> Manufacturer that does not have a long-term senior unsecured debt rating from DBRS (or, if such Manufacturer is not rated by DBRS, a DBRS Equivalent Rating) of at least &#147;BBB (low)&#148; and
(ii)&nbsp;are subject to a Manufacturer Program and remain eligible for repurchase thereunder as of such date and (b)&nbsp;the denominator of which is the aggregate Net Book Value of all Vehicles leased under the AESOP I Operating Lease or the AESOP
II Operating Lease as of such date. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2015-3</FONT> DBRS Investment Grade <FONT
STYLE="white-space:nowrap">Non-Program</FONT> Enhancement Rate</U>&#148; means, as of any date of determination, the sum of (a) 27.25%, (b) the greater of (x)&nbsp;the highest, for any calendar month within the preceding twelve calendar months, of
an amount (not less than zero) equal to 100% <U>minus</U> the Measurement Month Average for the immediately preceding Measurement Month and (y)&nbsp;the highest, for any calendar month within the preceding three calendar months, of an amount (not
less than zero) equal to 100% <U>minus</U> the Market Value Average as of the Determination Date within such calendar month (excluding the Market Value Average for any Determination Date which has not yet occurred) and (c)&nbsp;if the <FONT
STYLE="white-space:nowrap">Non-Program</FONT> Vehicle Amount exceeds the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Maximum <FONT STYLE="white-space:nowrap">Non-Program</FONT> Vehicle Amount as of such date of determination, 1.00%. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2015-3</FONT> DBRS Investment Grade <FONT STYLE="white-space:nowrap">Non-Program</FONT>
Vehicle Percentage</U>&#148; means as of any date of determination, a fraction, expressed as a percentage, (a)&nbsp;the numerator of which is the excess of (x)&nbsp;the aggregate Net Book Value of all
<FONT STYLE="white-space:nowrap">Non-Program</FONT> Vehicles leased under the AESOP I Operating Lease or the AESOP II Operating Lease that were manufactured by a Manufacturer that has a <FONT STYLE="white-space:nowrap">long-term</FONT> senior
unsecured debt rating from DBRS (or, if such Manufacturer is not rated by DBRS, a DBRS Equivalent Rating) of &#147;BBB (low)&#148; or higher over (y)&nbsp;the aggregate Net Book Value of all the <FONT STYLE="white-space:nowrap">Non-Program</FONT>
Vehicles included in the numerator of the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> DBRS Investment Grade Program Vehicle Percentage as of such date of determination and (b)&nbsp;the denominator of which is the aggregate Net Book Value
of all Vehicles leased under the AESOP I Operating Lease or the AESOP II Operating Lease as of such date. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT
STYLE="white-space:nowrap">2015-3</FONT> DBRS Investment Grade Program Enhancement Rate</U>&#148; means, as of any date of determination, 13.25%. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2015-3</FONT> DBRS Investment Grade Program Vehicle Percentage</U>&#148; means, as of any
date of determination, a fraction, expressed as a percentage, (a)&nbsp;the numerator of which is the sum, without duplication, of (1)&nbsp;the aggregate Net Book Value of all Program Vehicles leased under the AESOP I Operating Lease or the AESOP II
Operating Lease that were manufactured by an Eligible Program Manufacturer that has a <FONT STYLE="white-space:nowrap">long-term</FONT> senior unsecured debt rating from DBRS (or, if such Manufacturer is not rated by DBRS, a DBRS Equivalent Rating)
of &#147;BBB (low)&#148; or higher and (2)&nbsp;so long as no Manufacturer Event of Default has occurred and is continuing with respect to such Eligible <FONT STYLE="white-space:nowrap">Non-Program</FONT> Manufacturer, the aggregate Net Book Value
of all <FONT STYLE="white-space:nowrap">Non-Program</FONT> Vehicles leased under the AESOP I Operating Lease or the AESOP II Operating Lease that (i)&nbsp;were manufactured by an Eligible <FONT STYLE="white-space:nowrap">Non-Program</FONT>
Manufacturer that has a long-term </P>
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senior unsecured debt rating from DBRS (or, if such Manufacturer is not rated by DBRS, a DBRS Equivalent Rating) of &#147;BBB (low)&#148; or higher and (ii)&nbsp;are subject to a Manufacturer
Program and remain eligible for repurchase thereunder as of such date and (b)&nbsp;the denominator of which is the aggregate Net Book Value of all Vehicles leased under the AESOP I Operating Lease or the AESOP II Operating Lease as of such date.
</P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2015-3</FONT> DBRS Required Enhancement Percentage</U>&#148; means, as of any date of
determination, the sum of (i)&nbsp;the product of (A)&nbsp;the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> DBRS Investment Grade Program Enhancement Rate as of such date and (B)&nbsp;the Series
<FONT STYLE="white-space:nowrap">2015-3</FONT> DBRS Investment Grade Program Vehicle Percentage as of such date, (ii)&nbsp;the product of (A)&nbsp;the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> DBRS Investment Grade <FONT
STYLE="white-space:nowrap">Non-Program</FONT> Enhancement Rate as of such date and (B)&nbsp;the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> DBRS Investment Grade <FONT STYLE="white-space:nowrap">Non-Program</FONT> Vehicle Percentage as of
such date, (iii)&nbsp;the product of (A)&nbsp;the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> DBRS Below Investment Grade Program Enhancement Rate as of such date and (B)&nbsp;the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Below
Investment Grade Program Vehicle Percentage as of such date, and (iv)&nbsp;the product of (A)&nbsp;the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> DBRS Below Investment Grade <FONT STYLE="white-space:nowrap">Non-Program</FONT> Enhancement
Rate as of such date and (B)&nbsp;the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> DBRS Below Investment Grade <FONT STYLE="white-space:nowrap">Non-Program</FONT> Vehicle Percentage as of such date. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Demand Note</U>&#148; means each demand note made by a Demand Note Issuer,
substantially in the form of <U>Exhibit D</U> as amended, modified or restated from time to time. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT
STYLE="white-space:nowrap">2015-3</FONT> Demand Note Payment Amount</U>&#148; means, as of the Multi-Series Letter of Credit Termination Date, the aggregate amount of all proceeds of demands made on the Series
<FONT STYLE="white-space:nowrap">2015-3</FONT> Demand Notes pursuant to Section&nbsp;3.5(c)(iii) or 3.5(d)(ii) that were deposited into the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Distribution Account and paid to the Series <FONT
STYLE="white-space:nowrap">2015-3</FONT> Noteholders during the <FONT STYLE="white-space:nowrap">one-year</FONT> period ending on the Multi-Series Letter of Credit Termination Date; <U>provided</U>, <U>however</U>, that if an Event of Bankruptcy (or
the occurrence of an event described in clause (a)&nbsp;of the definition thereof, without the lapse of a period of 60 consecutive days) with respect to a Demand Note Issuer shall have occurred during such
<FONT STYLE="white-space:nowrap">one-year</FONT> period, the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Demand Note Payment Amount as of the Multi-Series Letter of Credit Termination Date shall equal the Series <FONT
STYLE="white-space:nowrap">2015-3</FONT> Demand Note Payment Amount as if it were calculated as of the date of such occurrence. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Deposit Date</U>&#148; is defined in Section&nbsp;3.2. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Distribution Account</U>&#148; is defined in Section&nbsp;3.9(a). </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Distribution Account Collateral</U>&#148; is defined in Section&nbsp;3.9(d).
</P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Documents</U>&#148; means each of this Supplement, the Series <FONT
STYLE="white-space:nowrap">2015-3</FONT> Notes, the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Interest Rate Cap, the Fee Letter, the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Demand Notes, the Multi-Series Letters of Credit
and any other related documents executed in connection with an issuance of the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Notes or activities related thereto. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Eligible Letter of Credit Provider</U>&#148; means a Person satisfactory to
ABCR and the Demand Note Issuers and having, at the time of the issuance of the related Multi-Series Letter of Credit, a long-term senior unsecured debt, deposit, claims paying or credit (as the case may be) rating of at least &#147;BBB&#148; from
DBRS; <U>provided</U>, <U>however</U>, that if such Person is not rated by DBRS it will qualify as a Multi-Series Letter of Credit Provider so long as it has a long-term </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">36 </P>

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senior unsecured debt, deposit, claims paying or credit (as the case may be) rating of at least &#147;Baa2&#148; from Moody&#146;s or a long-term senior unsecured debt, deposit, claims paying or
credit (as the case may be) rating of at least &#147;BBB&#148; from Standard&nbsp;&amp; Poor&#146;s; <U>provided</U> that if a Person is not a Multi-Series Letter of Credit Provider (or a letter of credit provider under the Supplement for any other
Series of Notes), then such Person shall not be a Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Eligible Letter of Credit Provider until ABCR has provided 10 days&#146; prior notice to the Rating Agencies, Standard&nbsp;&amp; Poor&#146;s,
Moody&#146;s and the Administrative Agent that such a Person has been proposed as a Multi-Series Letter of Credit Provider. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Enhancement</U>&#148; means the Series
<FONT STYLE="white-space:nowrap">2015-3</FONT> Cash Collateral Account Collateral, the Multi-Series Letters of Credit, the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Demand Notes, the Series <FONT STYLE="white-space:nowrap">2015-3</FONT>
Overcollateralization Amount and the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Reserve Account Amount. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT
STYLE="white-space:nowrap">2015-3</FONT> Enhancement Amount</U>&#148; means, as of any date of determination, the sum of (i)&nbsp;the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Overcollateralization Amount as of such date, (ii)&nbsp;the
Allocated Multi-Series Letter of Credit Amount as of such date, (iii)&nbsp;the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Available Reserve Account Amount as of such date and (iv)&nbsp;the amount of cash and Permitted Investments on
deposit in the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Collection Account (not including amounts allocable to the <FONT STYLE="white-space:nowrap">Series&nbsp;2015-3</FONT> Accrued Interest Account) and the Series <FONT
STYLE="white-space:nowrap">2015-3</FONT> Excess Collection Account as of such date. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series
<FONT STYLE="white-space:nowrap">2015-3</FONT> Enhancement Deficiency</U>&#148; means, on any date of determination, the amount by which the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Enhancement Amount is less than the Series <FONT
STYLE="white-space:nowrap">2015-3</FONT> Required Enhancement Amount as of such date. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series
<FONT STYLE="white-space:nowrap">2015-3</FONT> Excess Collection Account</U>&#148; is defined in Section&nbsp;3.1(b). </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT
STYLE="white-space:nowrap">2015-3</FONT> Expected Final Distribution Date</U>&#148; means the Distribution Date falling in the fourth calendar month after the calendar month in which the Series <FONT STYLE="white-space:nowrap">2015-3</FONT>
Revolving Period ends. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Incremental Enhancement Amount</U>&#148; means, as
of any date of determination, the sum of: </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:9%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(i) the greater of (x)&nbsp;the Series
<FONT STYLE="white-space:nowrap">2015-3</FONT> Percentage of the excess, if any, of the aggregate Net Book Value of all Vehicles manufactured by Mitsubishi and leased under the Leases as of the immediately preceding Business Day over the Series <FONT
STYLE="white-space:nowrap">2015-3</FONT> Maximum Mitsubishi Amount as of the immediately preceding Business Day and (y)&nbsp;the excess, if any, of (A)&nbsp;the sum of (1)&nbsp;the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> VFN Percentage
of the aggregate Net Book Value of all Vehicles manufactured by Mitsubishi and leased under the AESOP II Operating Lease as of the immediately preceding Business Day and (2)&nbsp;the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> AESOP I
Operating Lease Vehicle Percentage of the Net Book Value of all Vehicles manufactured by Mitsubishi and leased under the AESOP I Operating Lease as of the immediately preceding Business Day over (B) 10% of&nbsp;the sum of (1)&nbsp;the Series <FONT
STYLE="white-space:nowrap">2015-3</FONT> VFN Percentage of the Net Book Value of all Vehicles leased under the AESOP II Operating Lease as of the immediately preceding Business Day and (2)&nbsp;the Series
<FONT STYLE="white-space:nowrap">2015-3</FONT> AESOP I Operating Lease Vehicle Percentage of the Net Book Value of all Vehicles leased under the AESOP I Operating Lease as of the immediately preceding Business Day; </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">37 </P>

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 <P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:9%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(ii) the greater of (x)&nbsp;the Series
<FONT STYLE="white-space:nowrap">2015-3</FONT> Percentage of the excess, if any, of the aggregate Net Book Value of all Vehicles manufactured by Isuzu or Subaru, individually, and leased under the Leases as of the immediately preceding Business Day
over the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Maximum Individual Isuzu/Subaru Amount as of the immediately preceding Business Day and (y)&nbsp;the excess, if any, of (A)&nbsp;the sum of (1)&nbsp;the Series <FONT
STYLE="white-space:nowrap">2015-3</FONT> VFN Percentage of the aggregate Net Book Value of all Vehicles manufactured by Isuzu or Subaru, individually, and leased under the AESOP II Operating Lease as of the immediately preceding Business Day and
(2)&nbsp;the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> AESOP I Operating Lease Vehicle Percentage of the Net Book Value of all Vehicles manufactured by Isuzu or Subaru, individually, and leased under the AESOP I Operating Lease as of the
immediately preceding Business Day over (B) 5% of the sum of (1)&nbsp;the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> VFN Percentage of the Net Book Value of all Vehicles leased under the AESOP II Operating Lease as of the immediately
preceding Business Day and (2)&nbsp;the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> AESOP I Operating Lease Vehicle Percentage of the Net Book Value of all Vehicles leased under the AESOP I Operating Lease as of the immediately preceding
Business Day; </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:9%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(iii) the greater of (x)&nbsp;the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Percentage of the
excess, if any, of the aggregate Net Book Value of all Vehicles manufactured by Hyundai and leased under the Leases as of the immediately preceding Business Day over the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Maximum Hyundai Amount as
of the immediately preceding Business Day and (y)&nbsp;the excess, if any, of (A)&nbsp;the sum of (1)&nbsp;the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> VFN Percentage of the aggregate Net Book Value of all Vehicles manufactured by
Hyundai and leased under the AESOP II Operating Lease as of the immediately preceding Business Day and (2)&nbsp;the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> AESOP I Operating Lease Vehicle Percentage of the Net Book Value of all
Vehicles manufactured by Hyundai and leased under the AESOP I Operating Lease as of the immediately preceding Business Day over (B) 20% of the sum of (1)&nbsp;the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> VFN Percentage of the Net Book
Value of all Vehicles leased under the AESOP II Operating Lease as of the immediately preceding Business Day and (2)&nbsp;the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> AESOP I Operating Lease Vehicle Percentage of the Net Book Value of
all Vehicles leased under the AESOP I Operating Lease as of the immediately preceding Business Day; </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:9%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(iv) the greater of
(x)&nbsp;the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Percentage of the excess, if any, of the aggregate Net Book Value of all Vehicles manufactured by Suzuki and leased under the Leases as of the immediately preceding Business Day over
the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Maximum Suzuki Amount as of the immediately preceding Business Day and (y)&nbsp;the excess, if any, of (A)&nbsp;the sum of (1)&nbsp;the Series <FONT STYLE="white-space:nowrap">2015-3</FONT>
VFN Percentage of the aggregate Net Book Value of all Vehicles manufactured by Suzuki and leased under the AESOP II Operating Lease as of the immediately preceding Business Day and (2)&nbsp;the Series <FONT STYLE="white-space:nowrap">2015-3</FONT>
AESOP I Operating Lease Vehicle Percentage of the Net Book Value of all Vehicles manufactured by Suzuki and leased under the AESOP I Operating Lease as of the immediately preceding Business Day over (B) 7.5% of the sum of (1)&nbsp;the Series <FONT
STYLE="white-space:nowrap">2015-3</FONT> VFN Percentage of the Net Book Value of all Vehicles leased under the AESOP II Operating Lease as of the immediately preceding Business Day and (2)&nbsp;the Series
<FONT STYLE="white-space:nowrap">2015-3</FONT> AESOP I Operating Lease Vehicle Percentage of the Net Book Value of all Vehicles leased under the AESOP I Operating Lease as of the immediately preceding Business Day; </P>
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 <P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:9%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(v) the greater of (x)&nbsp;the Series
<FONT STYLE="white-space:nowrap">2015-3</FONT> Percentage of the excess, if any, of the aggregate Net Book Value of all Vehicles manufactured by Kia and leased under the Leases as of the immediately preceding Business Day over the Series <FONT
STYLE="white-space:nowrap">2015-3</FONT> Maximum Kia Amount as of the immediately preceding Business Day and (y)&nbsp;the excess, if any, of (A)&nbsp;the sum of (1)&nbsp;the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> VFN Percentage of the
aggregate Net Book Value of all Vehicles manufactured by Kia and leased under the AESOP II Operating Lease as of the immediately preceding Business Day and (2)&nbsp;the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> AESOP I Operating Lease
Vehicle Percentage of the Net Book Value of all Vehicles manufactured by Kia and leased under the AESOP I Operating Lease as of the immediately preceding Business Day over (B) 10% of the sum of (1)&nbsp;the Series
<FONT STYLE="white-space:nowrap">2015-3</FONT> VFN Percentage of the Net Book Value of all Vehicles leased under the AESOP II Operating Lease as of the immediately preceding Business Day and (2)&nbsp;the Series
<FONT STYLE="white-space:nowrap">2015-3</FONT> AESOP I Operating Lease Vehicle Percentage of the Net Book Value of all Vehicles leased under the AESOP I Operating Lease as of the immediately preceding Business Day; </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:9%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(vi) the greater of (x)&nbsp;the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Percentage of the excess, if any, of the
Specified States Amount as of the immediately preceding Business Day over the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Maximum Specified States Amount as of the immediately preceding Business Day and (y)&nbsp;the excess, if any, of
(A)&nbsp;the sum of (1)&nbsp;the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> VFN Percentage of the Net Book Value of all Vehicles titled in the States of Ohio, Oklahoma, and Nebraska and leased under the AESOP II Operating Lease as of the
immediately preceding Business Day and (2)&nbsp;the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> AESOP I Operating Lease Vehicle Percentage of the Net Book Value of all Vehicles titled in the States of Ohio, Oklahoma and Nebraska and leased
under the AESOP I Operating Lease as of the immediately preceding Business Day over (B) 7.5% of the sum of (1)&nbsp;the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> VFN Percentage of the Net Book Value of all Vehicles leased under the AESOP
II Operating Lease as of the immediately preceding Business Day and (2)&nbsp;the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> AESOP I Operating Lease Vehicle Percentage of the Net Book Value of all Vehicles leased under the AESOP I
Operating Lease as of the immediately preceding Business Day; </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:9%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(vii) the greater of (x)&nbsp;the Series <FONT
STYLE="white-space:nowrap">2015-3</FONT> Percentage of the excess, if any, of the <FONT STYLE="white-space:nowrap">Non-Eligible</FONT> Manufacturer Amount as of the immediately preceding Business Day over the Series
<FONT STYLE="white-space:nowrap">2015-3</FONT> Maximum <FONT STYLE="white-space:nowrap">Non-Eligible</FONT> Manufacturer Amount as of the immediately preceding Business Day and (y)&nbsp;the excess, if any, of (A)&nbsp;the Series <FONT
STYLE="white-space:nowrap">2015-3</FONT> AESOP I Operating Lease Vehicle Percentage of the Net Book Value of all Vehicles manufactured by Manufacturers other than Eligible <FONT STYLE="white-space:nowrap">Non-Program</FONT> Manufacturers and leased
under the AESOP I Operating Lease as of the immediately preceding Business Day over (B) 3% of the sum of (1)&nbsp;the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> VFN Percentage of the Net Book Value of all Vehicles leased under the AESOP
II Operating Lease as of the immediately preceding Business Day and (2)&nbsp;the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> AESOP I Operating Lease Vehicle Percentage of the Net Book Value of all Vehicles leased under the AESOP I
Operating Lease as of the immediately preceding Business Day; and </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:9%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(viii) the greater of (x)&nbsp;the Series <FONT
STYLE="white-space:nowrap">2015-3</FONT> Percentage of the excess, if any, of the aggregate Net Book Value of all Vehicles leased under the Leases as of the immediately preceding Business Day that were used vehicles at the time of their acquisition
over the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Maximum Used Vehicle Amount as of the immediately preceding </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">39 </P>

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 <P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:9%; font-size:10pt; font-family:Times New Roman">
Business Day and (y)&nbsp;the excess, if any, of (A)&nbsp;the sum of (1)&nbsp;the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> VFN Percentage of the aggregate Net Book Value of all
Vehicles leased under the AESOP II Operating Lease as of the immediately preceding Business Day that were used vehicles at the time of their acquisition and (2)&nbsp;the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> AESOP I Operating Lease
Vehicle Percentage of the Net Book Value of all Vehicles leased under the AESOP I Operating Lease as of the immediately preceding Business Day that were used vehicles at the time of their acquisition over (B) 5% of the sum of (1)&nbsp;the Series <FONT
STYLE="white-space:nowrap">2015-3</FONT> VFN Percentage of the Net Book Value of all Vehicles leased under the AESOP II Operating Lease as of the immediately preceding Business Day and (2)&nbsp;the Series
<FONT STYLE="white-space:nowrap">2015-3</FONT> AESOP I Operating Lease Vehicle Percentage of the Net Book Value of all Vehicles leased under the AESOP I Operating Lease as of the immediately preceding Business Day. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Interest Period</U>&#148; means a period commencing on and including a
Distribution Date and ending on and including the day preceding the next succeeding Distribution Date; <U>provided</U>, <U>however</U>, that (x)&nbsp;the initial Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Interest Period shall commence on
and include the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Closing Date and end on and include December&nbsp;20, 2015 and (y)&nbsp;the initial Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Interest Period with respect to the
Class&nbsp;R Notes shall commence on and include the A&amp;R Effective Date and end on and include September&nbsp;20, 2018. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Interest Rate Cap</U>&#148; has the meaning specified in Section&nbsp;3.11(a).
</P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Interest Rate Cap Collateral</U>&#148; has the meaning specified in
Section&nbsp;3.11(c). </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Interest Rate Cap Proceeds</U>&#148; means the
amounts received by the Trustee from an Interest Rate Cap Counterparty from time to time in respect of a Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Interest Rate Cap (including amounts received from a guarantor or from collateral). </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Invested Amount</U>&#148; means, on any date of determination, the sum of
(i)&nbsp;the Class&nbsp;A Invested Amount and (ii)&nbsp;the Class&nbsp;R Invested Amount on such date. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT
STYLE="white-space:nowrap">2015-3</FONT> Invested Percentage</U>&#148; means as of any date of determination: </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(a) when
used with respect to Principal Collections, the percentage equivalent (which percentage shall never exceed 100%) of a fraction the numerator of which shall be equal to the sum of the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Invested
Amount and the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Overcollateralization Amount, determined during the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Revolving Period as of the end of the immediately preceding Business Day,
or, during the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Rapid Amortization Period or the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Controlled Amortization Period, as of the end of the Series
<FONT STYLE="white-space:nowrap">2015-3</FONT> Revolving Period and the denominator of which shall be the greater as of the end of the immediately preceding Business Day of (I)&nbsp;the Aggregate Asset Amount and (II)&nbsp;the sum of the numerators
used to determine the invested percentages for allocations with respect to Principal Collections (for all Series of Notes and all classes of such Series of Notes); and </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(b) when used with respect to Interest Collections, the percentage equivalent (which percentage shall never exceed 100%) of a
fraction the numerator of which shall be the Accrued Amounts with respect to the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Notes on such date of determination, and the denominator of which shall be the aggregate Accrued Amounts with
respect to all Series of Notes on such date of determination </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">40 </P>

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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Lease Interest Payment
Deficit</U>&#148; means on any Distribution Date an amount equal to the excess, if any of (1)&nbsp;the excess, if any, of (a)&nbsp;the aggregate amount of Interest Collections which pursuant to Section&nbsp;3.2(a), (b), (c) or (d)&nbsp;would have
been allocated to the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Accrued Interest Account if all payments of Monthly Base Rent required to have been made under the Leases from and excluding the preceding Distribution Date to and including
such Distribution Date were made in full over (b)&nbsp;the aggregate amount of Interest Collections which pursuant to Section&nbsp;3.2(a), (b), (c) or (d)&nbsp;have been allocated to the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Accrued
Interest Account (excluding any amounts paid into the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Accrued Interest Account pursuant to the proviso in Sections 3.2(c)(ii) and 3.2(d)(ii)) from and excluding the preceding Distribution Date to
and including such Distribution Date over (2)&nbsp;the Class&nbsp;R Monthly Interest with respect to the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Interest Period ended on the day preceding such Distribution Date. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Lease Payment Deficit</U>&#148; means either a Series <FONT
STYLE="white-space:nowrap">2015-3</FONT> Lease Interest Payment Deficit or a Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Lease Principal Payment Deficit. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Lease Principal Payment Carryover Deficit</U>&#148; means (a)&nbsp;for the
initial Distribution Date, zero and (b)&nbsp;for any other Distribution Date, the excess of (x)&nbsp;the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Lease Principal Payment Deficit, if any, on the preceding Distribution Date <U>over</U>
(y)&nbsp;the amount deposited in the Distribution Account on such preceding Distribution Date pursuant to Section&nbsp;3.5(c) on account of such Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Lease Principal Payment Deficit. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Lease Principal Payment Deficit</U>&#148; means on any Distribution Date the
sum of (a)&nbsp;the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Monthly Lease Principal Payment Deficit for such Distribution Date and (b)&nbsp;the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Lease Principal Payment Carryover
Deficit for such Distribution Date. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Limited Liquidation Event of
Default</U>&#148; means, so long as such event or condition continues, any event or condition of the type specified in clauses (a)&nbsp;through (i) of Article IV; <U>provided</U>, <U>however</U>, that any event or condition of the type specified in
clauses (a)&nbsp;through (i) of Article IV shall not constitute a Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Limited Liquidation Event of Default if the Trustee shall have received the written consent of each of the Series <FONT
STYLE="white-space:nowrap">2015-3</FONT> Noteholders waiving the occurrence of such Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Limited Liquidation Event of Default. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Liquidity Amount</U>&#148; means, as of any date of determination, the sum of
(a)&nbsp;the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Allocated Multi-Series Letter of Credit Liquidity Amount on such date and (b)&nbsp;the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Available Reserve Account Amount on such
date. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Maximum Amount</U>&#148; means any of the Series <FONT
STYLE="white-space:nowrap">2015-3</FONT> Maximum Manufacturer Amounts, the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Maximum <FONT STYLE="white-space:nowrap">Non-Eligible</FONT> Manufacturer Amount, the Series <FONT
STYLE="white-space:nowrap">2015-3</FONT> Maximum <FONT STYLE="white-space:nowrap">Non-Program</FONT> Vehicle Amount, the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Maximum Specified States Amount or the Series <FONT
STYLE="white-space:nowrap">2015-3</FONT> Maximum Used Vehicle Amount. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2015-3</FONT>
Maximum Hyundai Amount</U>&#148; means, as of any day, an amount equal to 20% of the aggregate Net Book Value of all Vehicles leased under the Leases on such day. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">41 </P>

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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Maximum Individual
Isuzu/Subaru Amount</U>&#148; means, as of any day, with respect to Isuzu or Subaru individually, an amount equal to 5% of the aggregate Net Book Value of all Vehicles leased under the Leases on such day. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Maximum Invested Amount</U>&#148; means, on any date of determination, the sum
of (i)&nbsp;the Class&nbsp;A Maximum Purchaser Group Invested Amount and (ii)&nbsp;the Class&nbsp;R Maximum Invested Amount on such date. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Maximum Kia Amount</U>&#148; means, as of any day, an amount equal to 10% of
the aggregate Net Book Value of all Vehicles leased under the Leases on such day. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series
<FONT STYLE="white-space:nowrap">2015-3</FONT> Maximum Manufacturer Amount</U>&#148; means, as of any day, any of the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Maximum Mitsubishi Amount, the Series
<FONT STYLE="white-space:nowrap">2015-3</FONT> Maximum Individual Isuzu/Subaru Amount, the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Maximum Hyundai Amount, the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Maximum Kia Amount or
the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Maximum Suzuki Amount. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series
<FONT STYLE="white-space:nowrap">2015-3</FONT> Maximum Mitsubishi Amount</U>&#148; means, as of any day, an amount equal to 10% of the aggregate Net Book Value of all Vehicles leased under the Leases on such day. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Maximum <FONT STYLE="white-space:nowrap">Non-Eligible</FONT> Manufacturer
Amount</U>&#148; means, as of any day, an amount equal to 3% of the aggregate Net Book Value of all Vehicles leased under the Leases on such day. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Maximum <FONT STYLE="white-space:nowrap">Non-Program</FONT> Vehicle
Amount</U>&#148; means, as of any day, an amount equal to the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Maximum <FONT STYLE="white-space:nowrap">Non-Program</FONT> Vehicle Percentage of the aggregate Net Book Value of all Vehicles leased
under the Leases on such day. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Maximum
<FONT STYLE="white-space:nowrap">Non-Program</FONT> Vehicle Percentage</U>&#148; means, as of any date of determination, the sum of (a) 85% and (b)&nbsp;a fraction, expressed as a percentage, the numerator of which is the aggregate Net Book Value of
all Redesignated Vehicles manufactured by a Bankrupt Manufacturer or a Manufacturer with respect to which a Manufacturer Event of Default has occurred, and in each case leased under the AESOP I Operating Lease or the Finance Lease as of such date,
and the denominator of which is the aggregate Net Book Value of all Vehicles leased under the Leases as of such date. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT
STYLE="white-space:nowrap">2015-3</FONT> Maximum Specified States Amount</U>&#148; means, as of any day, an amount equal to 7.5% of the aggregate Net Book Value of all Vehicles leased under the Leases on such day. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Maximum Suzuki Amount</U>&#148; means, as of any day, an amount equal to 7.5%
of the aggregate Net Book Value of all Vehicles leased under the Leases on such day. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series
<FONT STYLE="white-space:nowrap">2015-3</FONT> Maximum Used Vehicle Amount</U>&#148; means, as of any day, an amount equal to 25% of the aggregate Net Book Value of all Vehicles leased under the Leases on such day. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">42 </P>

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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Monthly Lease Principal
Payment Deficit</U>&#148; means on any Distribution Date an amount equal to the excess, if any, of (1)&nbsp;the excess, if any, of (a)&nbsp;the aggregate amount of Principal Collections which pursuant to Section&nbsp;3.2(a), (b) or (c)&nbsp;would
have been allocated to the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Collection Account if all payments required to have been made under the Leases from and excluding the preceding Distribution Date to and including such Distribution
Date were made in full over (b)&nbsp;the aggregate amount of Principal Collections which pursuant to Section&nbsp;3.2(a), (b) or (c)&nbsp;have been allocated to the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Collection Account (without
giving effect to any amounts paid into the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Accrued Interest Account pursuant to the proviso in Sections 3.2(b)(ii) and/or 3.2(c)(ii)) from and excluding the preceding Distribution Date to and
including such Distribution Date over (2)&nbsp;the principal due and payable with respect to the Class&nbsp;R Notes on such Distribution Date. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Noteholder</U>&#148; means any Class&nbsp;A Noteholder or any Class&nbsp;R
Noteholder. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Notes</U>&#148; means, collectively, the Class&nbsp;A Notes
and the Class&nbsp;R Notes. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Overcollateralization Amount</U>&#148; means
the excess, if any, of (x)&nbsp;the sum of (a)&nbsp;the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> AESOP I Operating Lease Loan Agreement Borrowing Base as of such date and (b)&nbsp;the Series
<FONT STYLE="white-space:nowrap">2015-3</FONT> VFN Percentage of the excess, if any, of (1)&nbsp;the AESOP II Loan Agreement Borrowing Base over (2)&nbsp;the AESOP II DBRS Excluded Manufacturer Amount as of such date over (y)&nbsp;the Series <FONT
STYLE="white-space:nowrap">2015-3</FONT> Invested Amount as of such date. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2015-3</FONT>
Past Due Rent Payment</U>&#148; is defined in Section&nbsp;3.2(g). </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2015-3</FONT>
Percentage</U>&#148; means, as of any date of determination, a fraction, expressed as a percentage, the numerator of which is the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Invested Amount as of such date and the denominator of which is
the sum of the Invested Amount of each Series of Notes outstanding as of such date. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series
<FONT STYLE="white-space:nowrap">2015-3</FONT> Principal Allocation</U>&#148; is defined in Section&nbsp;3.2(a)(ii). </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT
STYLE="white-space:nowrap">2015-3</FONT> Post-Twenty Four Month Measurement Month</U>&#148; means, with respect to any date, collectively, each of the three periods most closely preceding such date, each of which periods shall consist of one
calendar month, or the smallest number of consecutive calendar months, in which (a)&nbsp;at least 250 <FONT STYLE="white-space:nowrap">Non-Program</FONT> Vehicles that are in months 25 through 48 of their lease at the time of such sale and were sold
at auction or otherwise or (b)&nbsp;at least <FONT STYLE="white-space:nowrap">one-twelfth</FONT> of the aggregate Net Book Value of all of the <FONT STYLE="white-space:nowrap">Non-Program</FONT> Vehicles that are in months 25 through 48 of their
lease at the time of such sale and are leased under the AESOP I Operating Lease and the Finance Lease as of the last day of each such period were sold at auction or otherwise; <U>provided</U>, <U>however</U>, that no calendar month included in a
Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Post-Twenty Four Month Measurement Month shall be included in any other Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Post-Twenty Four Month Measurement Month; <U>provided</U>,
<U>further</U>, that Unaccepted Program Vehicles shall be excluded for purposes of the foregoing determination. The Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Post-Twenty Four Month Measurement Month shall be a &#147;Post-Twenty Four
Month Measurement Month&#148; for purposes of the Depreciation Schedule. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">43 </P>

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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Post-Twenty Four Month
Measurement Month Average</U>&#148; means, with respect to any Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Post-Twenty-Four Month Measurement Month, the percentage equivalent of a fraction, the numerator of which is the aggregate amount of
disposition proceeds of all <FONT STYLE="white-space:nowrap">Non-Program</FONT> Vehicles that are in months 25 through 48 of their lease at the time of such sale and are sold at auction or otherwise during such Series
<FONT STYLE="white-space:nowrap">2015-3</FONT> Post-Twenty Four Month Measurement Month (excluding any Unaccepted Program Vehicles) and the denominator of which is the aggregate Net Book Value of such Vehicles on the dates of their respective sales.
The Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Post-Twenty Four Month Measurement Month Average shall be a &#147;Post-Twenty Four Month Measurement Month Average&#148; for purposes of the Depreciation Schedule. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Rapid Amortization Period</U>&#148; means the period beginning at the earlier
to occur of (a)&nbsp;the close of business on the Business Day immediately preceding the day on which an Amortization Event is deemed to have occurred with respect to the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Notes and (b)&nbsp;the
close of business on the Optional Termination Date and ending upon the earliest to occur of (i)&nbsp;the date on which the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Notes are fully paid, (ii)&nbsp;the Series <FONT
STYLE="white-space:nowrap">2015-3</FONT> Termination Date and (iii)&nbsp;termination of the Indenture. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT
STYLE="white-space:nowrap">2015-3</FONT> Reimbursement Agreement</U>&#148; means any and each agreement providing for the reimbursement of a Multi-Series Letter of Credit Provider for draws under the Multi-Series Letter of Credit as the same may be
amended, supplemented, restated or otherwise modified from time to time. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2015-3</FONT>
Required AESOP I Operating Lease Vehicle Amount</U>&#148; means, as of any date of determination, the sum of (A)&nbsp;the excess, if any, of (x)&nbsp;the sum of the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Required Overcollateralization
Amount and the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Invested Amount as of such date over (y)&nbsp;the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> VFN Percentage of the excess, if any, of (i)&nbsp;the AESOP II Loan
Agreement Borrowing Base as of such date over (ii)&nbsp;the AESOP II DBRS Excluded Manufacturer Amount as of such date and (B)&nbsp;if an Event of Bankruptcy with respect to ABCR, any other Lessee or any Permitted Sublessee (other than a third-party
Permitted Sublessee) has occurred on or prior to such date, the Contingent Monthly Funding Costs Shortfall as of the immediately preceding Distribution Date. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Required Enhancement Amount</U>&#148; means, as of any date of determination,
the sum of (i)&nbsp;the product of (x)&nbsp;the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> DBRS Required Enhancement Percentage as of such date and (y)&nbsp;the excess, if any, of (1)&nbsp;the Class&nbsp;A Invested Amount as of such date
over (2)&nbsp;the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Allocated Cash Amount, and (ii)&nbsp;the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Incremental Enhancement Amount as of such date. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Required Liquidity Amount</U>&#148; means, with respect to any Distribution
Date, an amount equal to 2.00% of the Class&nbsp;A Invested Amount on such Distribution Date (after giving effect to any payments of principal to be made on the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Notes on such Distribution Date).
</P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Required Overcollateralization Amount</U>&#148; means, as of any date of
determination, the excess, if any, of the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Required Enhancement Amount over the sum of (i)&nbsp;the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Allocated Multi-Series Letter of Credit
Amount as of such date, (ii)&nbsp;the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Available Reserve Account Amount on such date and (iii)&nbsp;the amount of cash and Permitted Investments on deposit in the Series <FONT
STYLE="white-space:nowrap">2015-3</FONT> Collection Account (not including amounts allocable to the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Accrued Interest Account) and the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Excess
Collection Account on such date. </P>
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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Required Reserve Account
Amount</U>&#148; means, with respect to any Distribution Date, an amount equal to the sum of (a)&nbsp;the greater of (i)&nbsp;the excess, if any, of the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Required Liquidity Amount on such
Distribution Date over the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Allocated Multi-Series Letter of Credit Liquidity Amount on such Distribution Date (after giving effect to any payments of principal to be made on the Series <FONT
STYLE="white-space:nowrap">2015-3</FONT> Notes on such Distribution Date) and (ii)&nbsp;the excess, if any, of the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Required Enhancement Amount over the Series
<FONT STYLE="white-space:nowrap">2015-3</FONT> Enhancement Amount (excluding therefrom the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Available Reserve Account Amount and calculated after giving effect to any payments of principal to be
made on the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Notes) on such Distribution Date and (b)&nbsp;the Demand Note Preference Payment Amount. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Reserve Account</U>&#148; is defined in Section&nbsp;3.7(a). </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Reserve Account Collateral</U>&#148; is defined in Section&nbsp;3.7(d). </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Reserve Account Surplus</U>&#148; means, with respect to any Distribution Date,
the excess, if any, of the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Available Reserve Account Amount over the sum of (x)&nbsp;the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Required Reserve Account Amount on such Distribution
Date and (y)&nbsp;the sum of (i)&nbsp;the aggregate Contingent Monthly Funding Costs with respect to all Purchaser Groups for the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Interest Period ending on such date and (ii)&nbsp;any Contingent
Monthly Funding Costs Shortfall as of such date (together with accrued interest thereon). </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series
<FONT STYLE="white-space:nowrap">2015-3</FONT> Revolving Period</U>&#148; means the period from and including, the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Closing Date to the earlier to occur of (x)&nbsp;the commencement of the Series <FONT
STYLE="white-space:nowrap">2015-3</FONT> Controlled Amortization Period and (y)&nbsp;the commencement of the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Rapid Amortization Period. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Termination Date</U>&#148; means the Distribution Date falling in the tenth
calendar month after the calendar month in which the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Revolving Period ends. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Unpaid Demand Amount</U>&#148; means, with respect to any single draw pursuant
to Section&nbsp;3.5(c) or (d)&nbsp;on the Multi-Series Letters of Credit, the aggregate amount drawn by the Trustee on all Multi-Series Letters of Credit. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Series <FONT STYLE="white-space:nowrap">2015-3</FONT> VFN Percentage</U>&#148; means, as of any date, the percentage equivalent of a
fraction the numerator of which is the sum of the Class&nbsp;A Invested Amount and the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Overcollateralization Amount as of such date and the denominator of which is the sum of the Class&nbsp;A
Invested Amount, the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Overcollateralization Amount, the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Class&nbsp;A Invested Amount and the Series
<FONT STYLE="white-space:nowrap">2010-6</FONT> Overcollateralization Amount as of such date. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>SOFR</U>&#148; means, with respect
to any Business Day, a rate per annum equal to the secured overnight financing rate for such Business Day published by the SOFR Administrator on the SOFR Administrator&#146;s Website on the immediately succeeding Business Day. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">45 </P>

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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>SOFR Administrator</U>&#148; means the NYFRB (or a successor administrator of the
secured overnight financing rate). </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>SOFR Administrator&#146;s Website</U>&#148; means the NYFRB&#146;s Website, or any successor
source for the secured overnight financing rate identified as such by the SOFR Administrator from time to time. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Standard</U><U></U><U>&nbsp;&amp; Poor&#146;s</U>&#148; means Standard&nbsp;&amp; Poor&#146;s Ratings Services, a division of The
McGraw-Hill Companies, Inc. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Statutory Reserve Rate</U>&#148; means a fraction (expressed as a decimal), the numerator of which
is the number one and the denominator of which is the number one minus the aggregate of the maximum reserve percentages (including any marginal, special, emergency or supplemental reserves) expressed as a decimal (rounded up to the nearest 1/100th
of 1%) established by the Board to which the Administrative Agent is subject with respect to the Adjusted LIBO Rate, for eurocurrency funding (currently referred to as &#147;Eurocurrency Liabilities&#148; in Regulation D of the Board). Such reserve
percentages shall include those imposed pursuant to Regulation D. Eurodollar Tranches shall be deemed to constitute eurocurrency funding and to be subject to such reserve requirements without benefit of or credit for proration, exemptions or offsets
that may be available from time to time under such Regulation D or comparable regulation. The Statutory Reserve Rate shall be adjusted automatically on and as of the effective date of any change in the reserve percentage. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Supplement</U>&#148; is defined in the recitals hereto. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Taxes</U>&#148; means any and all present or future taxes, levies, imposts, duties, deductions, charges or withholdings imposed by
any Governmental Authority. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Term SOFR</U>&#148; means, for the applicable Corresponding Tenor as of the applicable Reference
Time, the forward-looking term rate based on SOFR that has been selected or recommended by the Relevant Governmental Body. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Term
SOFR Notice</U>&#148; means a notification by the Administrative Agent to the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Noteholders and ABRCF of the occurrence of a Term SOFR Transition Event. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Term SOFR Transition Event</U>&#148; means the determination by the Administrative Agent that (a)&nbsp;Term SOFR has been recommended
for use by the Relevant Governmental Body, (b)&nbsp;the administration of Term SOFR is administratively feasible for the Administrative Agent and (c)&nbsp;a Benchmark Transition Event or an Early <FONT STYLE="white-space:nowrap">Opt-in</FONT>
Election, as applicable, has previously occurred resulting in a Benchmark Replacement in accordance with Section&nbsp;7.4 that is not Term SOFR. For the avoidance of doubt, the Administrative Agent shall not be required to deliver a Term SOFR Notice
after a Term SOFR Transition Event and may do so in its sole discretion. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Termination Date Disbursement</U>&#148; means an amount
drawn under a Multi-Series Letter of Credit pursuant to a Certificate of Termination Date Demand. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Termination
Disbursement</U>&#148; means an amount drawn under a Multi-Series Letter of Credit pursuant to a Certificate of Termination Demand. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">46 </P>

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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Transfer Supplement</U>&#148; is defined in Section&nbsp;11.1(c). </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Transferee</U>&#148; is defined in Section&nbsp;11.1(g). </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Trustee</U>&#148; is defined in the recitals hereto. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>UK Financial Institution</U>&#148; means any BRRD Undertaking (as such term is defined under the PRA Rulebook (as amended from time
to time) promulgated by the United Kingdom Prudential Regulation Authority) or any person falling within IFPRU 11.6 of the FCA Handbook (as amended from time to time) promulgated by the United Kingdom Financial Conduct Authority, which includes
certain credit institutions and investment firms, and certain affiliates of such credit institutions or investment firms. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>UK
Resolution Authority</U>&#148; means the Bank of England or any other public administrative authority having responsibility for the resolution of any UK Financial Institution. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>U.K. Securitisation Regulation</U>&#148; means the EU Securitisation Regulation enacted as retained direct EU law in the U.K. by
virtue of the operation of the European Union (Withdrawal) Act 2018, as amended by the Securitisation (Amendment) (EU Exit) Regulations 2019 (SI 2019/660) (including any implementing regulation, secondary legislation, technical and official guidance
relating thereto (in each case, as amended, varied or substituted from time to time)). </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>U.S. Risk Retention Rules</U>&#148; means
the federal interagency credit risk retention rules, codified at 17 C.F.R. Part 246. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Unadjusted Benchmark Replacement</U>&#148;
means the applicable Benchmark Replacement excluding the related Benchmark Replacement Adjustment. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Unpaid Demand Note
Disbursement</U>&#148; means an amount drawn under a Multi-Series Letter of Credit pursuant to a Certificate of Unpaid Demand Note Demand. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Volcker Rule</U>&#148; means Section&nbsp;13 of the U.S. Bank Holding Company Act of 1956, as amended, and the applicable rules and
regulations thereunder. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Voting Stock</U>&#148; means, with respect to any Person, the common stock or membership interests of
such Person and any other security of, or ownership interest in, such Person having ordinary voting power to elect a majority of the board of directors or a majority of the managers (or other Persons serving similar functions) of such Person. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Waiver Event</U>&#148; means the occurrence of the delivery of a Waiver Request and the subsequent waiver of any Series <FONT
STYLE="white-space:nowrap">2015-3</FONT> Maximum Amount. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Waiver Request</U>&#148; is defined in Article V. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">&#147;<U>Write-Down and Conversion Powers</U>&#148; means, (a)&nbsp;with respect to any EEA Resolution Authority, the write-down and
conversion powers of such EEA Resolution Authority from time to time under the <FONT STYLE="white-space:nowrap">Bail-In</FONT> Legislation for the applicable EEA Member Country, which </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">47 </P>

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 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">
write-down and conversion powers are described in the EU <FONT STYLE="white-space:nowrap">Bail-In</FONT> Legislation Schedule and (b)&nbsp;with respect to the United Kingdom, any powers of the
applicable Resolution Authority under the <FONT STYLE="white-space:nowrap">Bail-In</FONT> Legislation to cancel, reduce, modify or change the form of a liability of any UK Financial Institution or any contract or instrument under which that
liability arises, to convert all or part of that liability into shares, securities or obligations of that person or any other person, to provide that any such contract or instrument is to have effect as if a right had been exercised under it or to
suspend any obligation in respect of that liability or any of the powers under that <FONT STYLE="white-space:nowrap">Bail-In</FONT> Legislation that are related to or ancillary to any of those powers. </P>
<P STYLE="margin-top:24pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>ARTICLE II </B></P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>PURCHASE
AND SALE OF SERIES <FONT STYLE="white-space:nowrap">2015-3</FONT> NOTES; </B></P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>INCREASES AND DECREASES OF SERIES <FONT
STYLE="white-space:nowrap">2015-3</FONT> INVESTED AMOUNT </B></P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;2.1. <U>Purchases of the Series
<FONT STYLE="white-space:nowrap">2015-3</FONT> Notes</U>. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(a) <U>Initial Purchases</U>. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(i) Subject to the terms and conditions of this Supplement, including delivery of notice in accordance with Section&nbsp;2.3,
(i) each <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser shall purchase, and each CP Conduit Purchaser may, in its sole discretion, purchase a Class&nbsp;A Note in an amount equal to all or a portion of its Commitment Percentage of the
Class&nbsp;A Initial Invested Amount on any Business Day during the period from the A&amp;R Effective Date to and including the Expiry Date with respect to its Related Purchaser Group, and if any such CP Conduit Purchaser shall have notified the
Administrative Agent and the Funding Agent with respect to such CP Conduit Purchaser that it has elected not to fund a Class&nbsp;A Note in an amount equal to its Commitment Percentage of the Class&nbsp;A Initial Invested Amount on the Series <FONT
STYLE="white-space:nowrap">2015-3</FONT> Closing Date, each APA Bank with respect to such CP Conduit Purchaser shall fund on the A&amp;R Effective Date its APA Bank Percentage of that portion of such Class&nbsp;A Note not to be funded by such CP
Conduit Purchaser and (ii)&nbsp;thereafter, (A) each <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser shall maintain its Class&nbsp;A Note, subject to increase or decrease during the period from the A&amp;R Effective Date to and
including the Expiry Date with respect to its Related Purchaser Group, in accordance with the provisions of this Supplement, (B)&nbsp;if a CP Conduit Purchaser shall have purchased a Class&nbsp;A Note on the A&amp;R Effective Date, such CP Conduit
Purchaser may, in its sole discretion, maintain its Class&nbsp;A Note, subject to increase or decrease during the period from the A&amp;R Effective Date to and including the Expiry Date with respect to its Related Purchaser Group, in accordance with
the provisions of this Supplement and (C)&nbsp;the APA Banks shall maintain their respective APA Bank Percentages of the Class&nbsp;A Note with respect to its Related Purchaser Group, subject to increase or decrease during the period from the
A&amp;R Effective Date to and including the Expiry Date with respect to such Purchaser Group, in accordance with the provisions of this Supplement. Each Purchaser Group as of the A&amp;R Effective Date shall be deemed to have satisfied its
obligation to purchase a Class&nbsp;A Note under this Section&nbsp;2.1(a) on such date by exchanging the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Note held by it and outstanding on the day immediately preceding the A&amp;R Effective
Date for a Class&nbsp;A Note issued on the A&amp;R Effective Date in accordance with Section&nbsp;2.1(a)(iii). </P>
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 <P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(ii) Subject to the terms and conditions of this Supplement, including
delivery of notice in accordance with Section&nbsp;2.3, (i)&nbsp;each Committed Note Purchaser shall purchase a Class&nbsp;R Note in an amount equal to $0 (the &#147;<U>Class</U><U></U><U>&nbsp;R Initial Invested Amount</U>&#148;) on the Series <FONT
STYLE="white-space:nowrap">2015-3</FONT> Closing Date and (ii)&nbsp;thereafter, each Committed Note Purchaser shall maintain its Class&nbsp;R Note, subject to increase or, prior to the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Controlled
Amortization Period, decrease during the period from the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Closing Date to and including the Expiry Date, in accordance with the provisions of this Supplement. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(iii) Subject to the terms and conditions of this Supplement, including delivery of notice in accordance with Section&nbsp;2.3,
each <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser and CP Conduit Purchaser shall deliver its Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Note on the A&amp;R Effective Date to the Trustee for cancellation in accordance with
Section&nbsp;2.14 of the Base Indenture. In exchange for such Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Note, the Trustee shall deliver to each such <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser and CP Conduit Purchaser,
a Class&nbsp;A Note in an amount equal to the outstanding principal amount of the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Note delivered by such <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser or CP Conduit Purchaser, as
applicable, in accordance with the terms and conditions of this Supplement. The aggregate outstanding principal amount of such Class&nbsp;A Notes on the A&amp;R Effective Date shall be the &#147;<U>Class</U><U></U><U>&nbsp;A Initial Invested
Amount</U>&#148;. The parties hereto agree that any amounts accrued and unpaid as of the A&amp;R Effective Date with respect to the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Notes under the A&amp;R Series
<FONT STYLE="white-space:nowrap">2015-3</FONT> Supplement shall be deemed to have accrued with respect to the Class&nbsp;A Notes and shall be payable in accordance with the provisions hereof. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(b) <U>Maximum Purchaser Group Invested Amounts</U>. Notwithstanding anything to the contrary contained in this Supplement, at no time shall a
Purchaser Group be required to make the initial purchase of a Class&nbsp;A Note or increase its Purchaser Group Invested Amount if the sum of (x)&nbsp;Purchaser Group Invested Amount with respect to such Purchaser Group, after giving effect to such
purchase or increase and (y)&nbsp;the sum of any unfunded Delayed Amounts with respect to such Purchaser Group, would exceed the Maximum Purchaser Group Invested Amount with respect to such Purchaser Group at such time. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(c) <U>Class R Maximum Invested Amounts</U>. Notwithstanding anything to the contrary contained in this Supplement, at no time shall a
Committed Note Purchaser be required to make the initial purchase of a Class&nbsp;R Note or increase its Class&nbsp;R Invested Amount if the Class&nbsp;R Invested Amount with respect to such Committed Note Purchaser, after giving effect to such
purchase or increase would exceed the Class&nbsp;R Maximum Invested Amount with respect to such Committed Note Purchaser at such time. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(d) <U>Form of Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Notes</U>. The Series <FONT STYLE="white-space:nowrap">2015-3</FONT>
Notes shall be issued in fully registered form without interest coupons, substantially in the form set forth in <U>Exhibit A</U>. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;2.2. <U>Delivery</U>. (a)&nbsp;On the A&amp;R Effective Date (or on any later date that any Purchaser Group becomes a party to
this Supplement), ABRCF shall sign and shall direct the Trustee in writing pursuant to Section&nbsp;2.2 of the Base Indenture to duly authenticate, and the Trustee, upon receiving such direction, shall so authenticate a Class&nbsp;A Note (i)&nbsp;in
the case of a CP Conduit Purchaser Group, in the name of the Funding Agent with respect to such CP Conduit Purchaser Group (or as otherwise requested by such CP Conduit Purchaser Group and agreed to by ABRCF) in an amount equal to the Maximum
Purchaser Group Invested Amount with respect </P>
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to such CP Conduit Purchaser Group and deliver such Class&nbsp;A Note to such Funding Agent in accordance with such written directions or (ii)&nbsp;in the case of a
<FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser Group, in the name of the Related <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser in an amount equal to the Maximum Purchaser Group Invested Amount with respect to such
Related <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser Group and deliver such Class&nbsp;A Note to such Related <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser in accordance with such written directions. On the A&amp;R
Effective Date (or on any later date that any Committed Note Purchaser becomes a party to this Supplement), ABRCF shall sign and shall direct the Trustee in writing pursuant to Section&nbsp;2.2 of the Base Indenture to duly authenticate, and the
Trustee, upon receiving such direction, shall so authenticate a Class&nbsp;R Note in an amount equal to the Class&nbsp;R Maximum Invested Amount with respect to such Committed Note Purchaser and deliver such Class&nbsp;R Note to such Committed Note
Purchaser in accordance with such written directions. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(b) The Administrative Agent shall maintain a record of (i)&nbsp;the actual
Purchaser Group Invested Amount outstanding with respect to each Purchaser Group, (ii)&nbsp;the Class&nbsp;R Invested Amount outstanding with respect to each Committed Note Purchaser and (iii)&nbsp;the actual Series
<FONT STYLE="white-space:nowrap">2015-3</FONT> Invested Amount outstanding on any date of determination, which, absent manifest error, shall constitute <U>prima</U> <U>facie</U> evidence of the outstanding Class&nbsp;A Invested Amounts, the
outstanding Class&nbsp;R Invested Amount and the outstanding Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Invested Amount from time to time. Upon a written request from the Trustee, the Administrative Agent shall provide in writing the
identity of the Purchaser Groups, the related Funding Agents for each CP Conduit Purchaser Group, the Purchaser Group Invested Amount for each Purchaser Group, the identity of the Committed Note Purchasers, the Class&nbsp;R Invested Amount for each
Committed Note Purchaser, and the Commitment Percentage with respect to any Purchaser Group, to the Trustee. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;2.3.
<U>Procedure for Initial Issuance and for Increasing the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Invested Amount</U>. (a)&nbsp;Subject to Section&nbsp;2.3(c), (i)&nbsp;on the A&amp;R Effective Date, (A)&nbsp;each <FONT
STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser shall purchase, and each CP Conduit Purchaser may agree, in its sole discretion, to purchase, and the APA Banks with respect to such CP Conduit Purchaser shall agree to purchase, a Class&nbsp;A
Note, in accordance with Section&nbsp;2.1 and (B)&nbsp;each Committed Note Purchaser shall purchase a Class&nbsp;R Note in accordance with Section&nbsp;2.1 and (ii)&nbsp;on any Business Day during the period from the A&amp;R Effective Date to and
including the Expiry Date (A)&nbsp;with respect to a Purchaser Group, in the case of a <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser Group, the Related <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser hereby agrees, or
in the case of a CP Conduit Purchaser Group, the CP Conduit Purchaser in such CP Conduit Purchaser Group may agree, in its sole discretion, and each APA Bank with respect to such CP Conduit Purchaser hereby agrees that the Purchaser Group Invested
Amount with respect to such Purchaser Group may be increased by an amount equal to its APA Bank Percentage of the Commitment Percentage with respect to such Purchaser Group of the Increase Amount (an &#147;<U>Increase</U>&#148;), upon the request of
ABRCF (each date on which an increase in the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Invested Amount occurs hereunder being herein referred to as the &#147;<U>Increase Date</U>&#148; applicable to such Increase); <U>provided</U> that,
for the purposes of this clause&nbsp;(A), any such Increase shall first apply to the Purchaser Group Invested Amount with respect to the CP Conduit Purchaser Group until such Increase Amount equals the Maximum Purchaser Group Invested Amount for
such CP Conduit Purchaser Group and second to the Purchaser Group Invested Amount with respect to the <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser Group until such Increase Amount equals the Maximum Purchaser Group Invested Amount
for such <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser Group and (B)&nbsp;as a result of such Increase with respect to the Class&nbsp;A Notes as requested by ABRCF, each Committed Note Purchaser hereby agrees that the Class&nbsp;R
Invested Amount with respect to such </P>
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Committed Note Purchaser shall be increased by the minimum amount necessary to cause the Retention Test to be satisfied; <U>provided</U>, <U>however</U>, that ABRCF shall have given the
Administrative Agent and each Committed Note Purchaser (with a copy to the Trustee) irrevocable (other than as specified in Section&nbsp;2.3(e)) written notice (effective upon receipt), by telecopy (receipt confirmed), substantially in the form of
<U>Exhibit B</U> together with a calculation (including of the components thereof) in a form reasonably acceptable to the Administrative Agent of the sum of (i)&nbsp;the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> AESOP I Operating Loan
Agreement Borrowing Base and (ii)&nbsp;the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> VFN Percentage of the excess, if any, of (x)&nbsp;the AESOP II Loan Agreement Borrowing Base over (y)&nbsp;the AESOP II DBRS Excluded Manufacturer
Amount on the date of such notice, of such request no later than 3:00 p.m. (New&nbsp;York City time) on (A)&nbsp;with respect to a Deferrable Increase Notice, the third Business Day prior to such Increase Date or (B)&nbsp;with respect to a <FONT
STYLE="white-space:nowrap">Non-Deferrable</FONT> Increase Notice, the second Business Day prior to such Increase Date, as the case may be. Such notice shall state (w)&nbsp;the Increase Date, (x)&nbsp;the proposed amount of the increase in the
Class&nbsp;A Invested Amount and the Class&nbsp;R Invested Amount, as applicable (in each case, an &#147;<U>Increase Amount</U>&#148;), as the case may be, (y)&nbsp;whether such Increase Amount will be drawn from the Purchaser Group Invested Amount
with respect to the CP Conduit Purchaser Group or the Purchaser Group Invested Amount with respect to the <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser Group and (z)&nbsp;whether a Delayed Funding Notice may be delivered in
connection with such Increase pursuant to Section&nbsp;2.3(e). The Commitment Percentage with respect to any Purchaser Group of the Increase Amount with respect to the Class&nbsp;A Notes set forth in any
<FONT STYLE="white-space:nowrap">Non-Deferrable</FONT> Increase Notice shall not exceed such Purchaser Group&#146;s <FONT STYLE="white-space:nowrap">Non-Deferrable</FONT> Draw Amount as of the related Increase Date. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(b) If a CP Conduit Purchaser elects not to fund the full amount of its Purchaser Group Increase Amount, such CP Conduit Purchaser shall
notify the Administrative Agent and the Funding Agent with respect to such CP Conduit Purchaser, and each APA Bank with respect to such CP Conduit Purchaser shall fund its APA Bank Percentage of the portion of the Commitment Percentage with respect
to such Related Purchaser Group of such Increase, as the case may be, not funded by such CP Conduit Purchaser. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(c) No Purchaser Group
shall be required to increase its Purchaser Group Invested Amount on any Increase Date hereunder unless: </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(i) such
Purchaser Group&#146;s Purchaser Group Increase Amount is equal to (A)&nbsp;$1,000,000 or an integral multiple of $100,000 in excess thereof or (B)&nbsp;if less, the excess of the Maximum Purchaser Group Invested Amount with respect to such
Purchaser Group over the Purchaser Group Invested Amount with respect to such Purchaser Group; </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(ii) after giving effect to
such Increase Amount, the sum of the (x)&nbsp;the Purchaser Group Invested Amount and (y)&nbsp;any unfunded Delayed Amounts with respect to such Purchaser Group would not exceed the Maximum Purchaser Group Invested Amount with respect to such
Purchaser Group; </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(iii) after giving effect to such Increase Amount, no AESOP I Operating Lease Vehicle Deficiency would
occur and be continuing; </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(iv) no Amortization Event or Potential Amortization Event (in each case, other than an
Amortization Event or Potential Amortization Event in respect of another Series of </P>
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Notes solely resulting from a Surety Default (as such term is defined in the Supplement pursuant to which such other Series of Notes was issued)) has occurred and is continuing on the Series <FONT
STYLE="white-space:nowrap">2015-3</FONT> Closing Date or such Increase Date, as applicable, or would occur and be continuing after giving effect to such Increase; </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(v) not more than two Increases have occurred in the four Business Days immediately preceding the date of such Increase; </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(vi) all of the representations and warranties made by each of ABRCF, the Lessees, the Lessors and the Administrator in the
Base Indenture, this Supplement and the Related Documents to which each is a party are true and correct in all material respects on and as of such Increase Date, as if made on and as of such date (except to the extent such representations and
warranties are expressly made as of another date); and </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(vii) all conditions precedent to the making of any Loan under the
applicable Loan Agreements would be satisfied. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">ABRCF&#146;s acceptance of funds in connection with each Increase occurring on any Increase Date shall
constitute a representation and warranty by ABRCF to the Purchaser Groups as of such Increase Date (except to the extent such representations and warranties are expressly made as of another date) that all of the conditions contained in this
Section&nbsp;2.3(c) have been satisfied. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(d) Upon receipt of any notice required by Section&nbsp;2.3(a) or permitted by
Section&nbsp;2.3(e) from ABRCF, the Administrative Agent shall forward (by telecopy or electronic messaging system) a copy of such notice to each <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser and the Funding Agent with respect to
each CP Conduit Purchaser Group (or, with respect to any notice pursuant to Section&nbsp;2.3(e) requiring a Delayed Funding Purchaser Group to decrease its Delayed Amount, the applicable <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser
or Funding Agent), no later than 5:00 p.m. (New&nbsp;York City time) on the day received. After receipt by any Funding Agent with respect to a CP Conduit Purchaser Group of such notice from the Administrative Agent, such Funding Agent shall, so long
as the conditions set forth in Sections 2.3(a) and (c)&nbsp;are satisfied, promptly provide telephonic notice to the related CP Conduit Purchaser and the related APA Banks, of the Increase Date and of such CP Conduit Purchaser Group&#146;s Purchaser
Group Increase Amount. Subject to Section&nbsp;2.3(e), if such CP Conduit Purchaser elects to fund all or a portion of its Purchaser Group Increase Amount, such CP Conduit Purchaser shall pay in immediately available funds its Commitment Percentage
(or any portion thereof) of the amount of such Increase with respect to the Class&nbsp;A Notes on the related Increase Date to the Funding Agent with respect to such CP Conduit Purchaser Group for remittance to the Trustee for deposit into the
Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Collection Account. Subject to Section&nbsp;2.3(e), if such CP Conduit Purchaser does not fund the full amount of such CP Conduit Purchaser Group&#146;s Purchaser Group Increase Amount and the
related APA Banks are required to fund the portion thereof not funded by the CP Conduit Purchaser, each such APA Bank shall pay in immediately available funds its APA Bank Percentage of such portion on the related Increase Date to the Funding Agent
with respect to such CP Conduit Purchaser Group for deposit in the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Collection Account. Each Funding Agent shall remit the amounts received by it from its CP Conduit Purchaser or the related APA
Banks pursuant to this Section&nbsp;2.3(d) to the Trustee for deposit into the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Collection Account. Subject to Section&nbsp;2.3(e), so long as the conditions set forth in Sections 2.3(a) and
(c)&nbsp;are satisfied, each <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser </P>
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shall pay in immediately available funds such <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser&#146;s Purchaser Group Increase Amount on the related Increase Date to the Trustee for
deposit into the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Collection Account. So long as the conditions set forth in Sections 2.3(a) and (c)&nbsp;are satisfied, each Committed Note Purchaser shall pay in immediately available funds the
Class&nbsp;R Initial Invested Amount on the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Closing Date or the amount of such Increase Amount with respect to the Class&nbsp;R Notes on the related Increase Date to the Trustee for deposit into
the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Collection Account. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(e) Notwithstanding any of the foregoing, any APA Bank or <FONT
STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser who shall have previously notified ABRCF in writing that it or any related Program Support Provider has incurred charges under, or in anticipation of, Basel III (which may include external
charges incurred by the APA Bank, <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser or Program Support Provider or internal charges incurred by any of their businesses) in respect of its Commitment hereunder or any agreement to support
such Commitment, or in respect of its interest in the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Notes, based on its &#147;liquidity coverage ratio&#148; calculated under Basel III, may, upon receipt of any Deferrable Increase Notice
pursuant to Section&nbsp;2.3(a), notify ABRCF in writing (a &#147;<U>Delayed Funding Notice</U>&#148;) on or prior to 12:00 noon (New York City time) on the second Business Day preceding the related Increase Date, of its intent to fund an amount up
to its APA Bank Percentage or its Commitment Percentage, as applicable, of the related Increase Amount with respect to the Class&nbsp;A Notes (such amount, subject to any adjustment described below, the &#147;<U>Delayed Amount</U>&#148;) on a
Business Day that is on or before the thirty-fifth (35<SUP STYLE="font-size:85%; vertical-align:top">th</SUP>) day following the Increase Date specified in such Deferrable Increase Notice (the &#147;<U>Delayed Funding Date</U>&#148;) rather than on
such Increase Date. If any APA Bank or <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser provides a Delayed Funding Notice to ABRCF following ABRCF&#146;s delivery of a notice of an Increase pursuant to Section&nbsp;2.3(a), ABRCF may
with written notice to the Administrative Agent delivered prior to 3:00 pm on the second Business Day preceding such Increase Date, (x)&nbsp;decrease the Increase Amount with respect to the Class&nbsp;A Notes with respect to such Deferrable Increase
Notice (or revoke such Deferrable Increase Notice by decreasing the Increase Amount to zero) and/or (y)&nbsp;require any APA Bank or <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser who has provided a Delayed Funding Notice to reduce
the Delayed Amount with respect to such Increase by an amount no greater than the <FONT STYLE="white-space:nowrap">Non-Deferrable</FONT> Draw Amount with respect to such Purchaser Group as of the related Increase Date. No Purchaser Group that has
provided a Delayed Funding Notice in respect of an Increase (each a &#147;<U>Delayed Funding Purchaser Group</U>&#148;) shall be considered to be in default of its obligation to fund its Delayed Amount pursuant to this Section&nbsp;2.3 unless and
until it has failed to fund the Delayed Amount (and/or the Delayed Funding Reimbursement Amount with respect to such Delayed Amount) on or before the Delayed Funding Date. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(f) If (i)&nbsp;one or more Delayed Funding Purchaser Groups provides a Delayed Funding Notice to ABRCF in respect of any Increase Date and
(ii)&nbsp;ABRCF shall not have decreased the related Increase Amount to zero or required each such Delayed Funding Purchaser Group to reduce the Delayed Amount with respect to such Increase to zero, in each case, pursuant to Section&nbsp;2.3(e), the
Administrative Agent shall, by no later than 12:00 noon (New York City time) on the Business Day preceding such Increase Date, direct each Purchaser Group that is not a Delayed Funding Purchaser Group with respect to such Increase Date (each a
&#147;<U><FONT STYLE="white-space:nowrap">Non-Delayed</FONT> Funding Purchaser Group</U>&#148;) to fund an additional portion of such Increase Amount with respect to the Class&nbsp;A Notes on such Increase Date equal to such <FONT
STYLE="white-space:nowrap">Non-Delayed</FONT> Funding Purchaser Group&#146;s proportionate share (based upon the Maximum Purchaser Group Invested Amount with respect to </P>
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such <FONT STYLE="white-space:nowrap">Non-Delayed</FONT> Funding Purchaser Group relative to the sum of the Maximum Purchaser Group Invested Amounts with respect to all <FONT
STYLE="white-space:nowrap">Non-Delayed</FONT> Funding Purchaser Groups) of the aggregate Delayed Amounts with respect to such Increase Date; <U>provided</U> that no <FONT STYLE="white-space:nowrap">Non-Delayed</FONT> Funding Purchaser Group shall be
required to fund any portion of the aggregate Delayed Amounts that would cause its Purchaser Group Invested Amount to exceed its Maximum Purchaser Group Invested Amount. Subject to Section&nbsp;2.3(a), in the case of a
<FONT STYLE="white-space:nowrap">Non-Delayed</FONT> Funding Purchaser Group that is a <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser, such <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser hereby agrees, or, in the case of
a <FONT STYLE="white-space:nowrap">Non-Delayed</FONT> Funding Purchaser Group that is a CP Conduit Purchaser Group, the CP Conduit in such CP Conduit Purchaser Group may agree, in its sole discretion, and the APA Banks in such CP Conduit Purchaser
Group hereby agree, to fund such portion of the Increase Amount with respect to the Class&nbsp;A Notes on such Increase Date. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(g) After
the <FONT STYLE="white-space:nowrap">Non-Delayed</FONT> Funding Purchaser Groups fund a Delayed Amount on any Increase Date in accordance with Section&nbsp;2.3(f), the Delayed Funding Purchaser Group in respect of such Delayed Amount will be
obligated to fund the Delayed Funding Reimbursement Amount with respect to such Delayed Amount on or before its Delayed Funding Date, irrespective of whether the Scheduled Expiry Date with respect to such Delayed Funding Purchaser Group shall have
occurred on or prior to such Delayed Funding Date or ABRCF would be able to satisfy the conditions set forth in Section&nbsp;2.3(a) to an Increase with respect to the Class&nbsp;A Notes in an amount equal to such Delayed Funding Reimbursement Amount
on such Delayed Funding Date. Such Delayed Funding Purchaser Group shall fund such Delayed Funding Reimbursement Amount on such Delayed Funding Date by paying such amount to the Administrative Agent in immediately available funds, and the
Administrative Agent shall distribute such funds to each such <FONT STYLE="white-space:nowrap">Non-Delayed</FONT> Funding Purchaser Group, <U>pro</U> <U>rata</U> based on the relative amount of such Delayed Amount funded by such <FONT
STYLE="white-space:nowrap">Non-Delayed</FONT> Funding Purchaser Group on such Increase Date pursuant to Section&nbsp;2.3(f). </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;2.4. <U>Sales by CP Conduit Purchasers of Class</U><U></U><U>&nbsp;A Notes to APA Banks</U>. Notwithstanding any limitation to
the contrary contained herein, each CP Conduit Purchaser may, in its own discretion, at any time, sell or assign all or any portion of its interest in its Class&nbsp;A Note to any Conduit Assignee or to the APA Banks with respect to such CP Conduit
Purchaser pursuant to, and subject to the terms and conditions of, the Asset Purchase Agreement with respect to such CP Conduit Purchaser. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;2.5. <U>Procedure for Decreasing the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Invested Amount; Optional
Termination</U>. (a)&nbsp;Subject to the following sentence, on any Business Day prior to the occurrence of an Amortization Event, upon the written request of ABRCF or the Administrator on behalf of ABRCF, the Series
<FONT STYLE="white-space:nowrap">2015-3</FONT> Invested Amount, or during the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Controlled Amortization Period, the Class&nbsp;A Invested Amount only, may be reduced (a &#147;<U>Decrease</U>&#148;)
by the Trustee&#146;s withdrawing (as set forth in such request)&nbsp;(x) funds on deposit in the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Excess Collection Account on such Business Day in an amount not to exceed the amount of such
funds on deposit therein on such Business Day (after giving effect to any application pursuant to clauses (i), (ii) and (iii)&nbsp;of Section&nbsp;3.2(f)) and/or (y)&nbsp;if such Business Day is during the Series
<FONT STYLE="white-space:nowrap">2015-3</FONT> Controlled Amortization Period, funds on deposit in the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Collection Account on such Business Day in an amount not to exceed the amount of such funds
on deposit therein on such Business Day that were allocated to the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Notes pursuant to Section&nbsp;3.2(b)(ii) on or prior to such Business Day which have not previously been withdrawn therefrom
pursuant to either </P>
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this clause (y)&nbsp;to make a Decrease or pursuant to Section&nbsp;3.5(a) to be paid to the holders of the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Notes, and, in each case,
depositing such funds into the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Distribution Account and distributing such funds to the Administrative Agent on such Business Day in accordance with Section&nbsp;3.5(b); <U>provided</U> that ABRCF
shall have given the Administrative Agent and each Committed Note Purchaser (with a copy to the Trustee) irrevocable written notice (effective upon receipt) of the amount of such Decrease prior to 9:30 a.m. (New&nbsp;York City time) on the second
Business Day prior to such Decrease; <U>provided</U>, <U>further</U>, that any such Decrease shall be in an amount equal to $10,000,000 and integral multiples of $500,000 in excess thereof (or if such Decrease will be used to reduce one or more <FONT
STYLE="white-space:nowrap">Non-Extending</FONT> Purchaser Group&#146;s Purchaser Group Invested Amounts, such Decrease may be in such amount as is necessary to reduce the Purchaser Group Invested Amounts of all such
<FONT STYLE="white-space:nowrap">Non-Extending</FONT> Purchaser Groups to zero). Notwithstanding the previous sentence, the Class&nbsp;R Notes shall not be subject to a Decrease during the Series <FONT STYLE="white-space:nowrap">2015-3</FONT>
Controlled Amortization Period. Upon each Decrease, the Administrative Agent shall indicate in its records such Decrease, the Purchaser Group Invested Amount outstanding with respect to each Purchaser Group after giving effect to such Decrease and
the Class&nbsp;R Invested Amount outstanding with respect to each Committed Note Purchaser after giving effect to such Decrease. Upon receipt of any notice required by Section&nbsp;2.5(a) from ABRCF, the Administrative Agent shall forward (by
telecopy or electronic messaging system) a copy of such notice to each <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser and the Funding Agent with respect to each CP Conduit Purchaser Group, no later than 1:00 p.m. (New&nbsp;York City
time) on the Business Day received. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(b) On any Business Day, ABRCF shall have the right to deliver an irrevocable written notice (an
&#147;<U>Optional Termination Notice</U>&#148;) to the Administrative Agent, each Committed Note Purchaser, the Trustee, the Administrator, Standard&nbsp;&amp; Poor&#146;s, Moody&#146;s and the Rating Agencies in which ABRCF declares that the
Commitments shall terminate on the date (the &#147;<U>Optional Termination Date</U>&#148;) set forth in such notice (which date, in any event, shall be a Distribution Date not less than twenty Business Days from the date on which such notice is
delivered). Upon receipt of any Optional Termination Notice from ABRCF, the Administrative Agent shall promptly notify each <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser and the Funding Agent with respect to each CP Conduit Purchaser
Group thereof. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(c) From and after the Optional Termination Date, the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Rapid
Amortization Period shall commence for all purposes under this Supplement, the Base Indenture and the Related Documents. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(d) If there are
Principal Collections on deposit in the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Excess Collection Account on any Business Day on which the Purchaser Group Invested Amount with respect to any
<FONT STYLE="white-space:nowrap">Non-Extending</FONT> Purchaser Group shall not have been reduced to zero and ABRCF would be permitted under the terms of Section&nbsp;2.5(a) to effect a Decrease with such funds, ABRCF shall request such a Decrease
in accordance with Section&nbsp;2.5(a) on the earliest possible date. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;2.6. <U>Increases and Reductions of the Commitments;
Extensions of the Commitments; Replacement of Purchaser Groups</U>. (a)&nbsp;ABRCF may from time to time request that any Purchaser Group agree to increase its Maximum Purchaser Group Invested Amount. An increase in such amount shall be effective
hereunder if such Purchaser Group shall have agreed in its sole discretion to such increase. If any such Purchaser Group agrees to ABRCF&#146;s proposed increase, the Class&nbsp;R Maximum Invested Amount for each Committed Note Purchaser shall be
</P>
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automatically increased in an amount so that it maintains its proportional share of the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Maximum Invested Amount immediately prior to such
increase. In addition to an increase to the Class&nbsp;R Maximum Invested Amount pursuant to the previous sentence, the Class&nbsp;R Maximum Invested Amount may be increased at any time with or without a corresponding increase to the Maximum
Purchaser Group Invested Amount upon notice from ABRCF to the Committed Note Purchasers. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(b) If ABRCF desires to extend the Scheduled
Expiry Date with respect to the Purchaser Groups, ABRCF shall notify the Administrative Agent and each Committed Note Purchaser at least 60 days prior to such Scheduled Expiry Date of its desire to extend the Scheduled Expiry Date with respect to
the Purchaser Groups, whereupon the Administrative Agent shall notify each <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser and the Funding Agent with respect to each CP Conduit Purchaser Group of ABRCF&#146;s desire to so extend the
Scheduled Expiry Date. Each <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser and each Funding Agent, on behalf of its CP Conduit Purchaser Group, shall notify the Administrative Agent and ABRCF in writing of whether its Related
Purchaser Group agrees to an extension of the Scheduled Expiry Date with respect to such Purchaser Group; <U>provided</U> that failure by a <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser or a Funding Agent to respond to such request
shall not be construed as a consent by such Purchaser Group to such extension. The decision to extend or not extend shall be made by each Purchaser Group in its sole discretion. In the event that any Purchaser Group desires to extend its Scheduled
Expiry Date for an amount that is less than its Maximum Purchaser Group Invested Amount prior to ABRCF&#146;s request for an extension, ABRCF, in its sole discretion, may accept such extension; <U>provided</U>, <U>however</U>, that such Purchaser
Group (x)&nbsp;shall be deemed to be a <FONT STYLE="white-space:nowrap">Non-Extending</FONT> Purchaser Group for purposes of Section&nbsp;3.5 having a Purchaser Group Invested Amount equal to the excess of its Purchaser Group Invested Amount over a
percentage of its Maximum Purchaser Group Invested Amount that will be available after the extension of its Scheduled Expiry Date equal to the percentage equivalent of a fraction, the numerator of which is the sum of the Purchaser Group Invested
Amounts with respect to all Extending Purchaser Groups, other than such Purchaser Group and any other Purchaser Group reducing its Maximum Purchaser Group Invested Amount, and the denominator of which is the sum of the Maximum Purchaser Group
Invested Amounts of all Extending Purchaser Groups, other than such Purchaser Group and any other Purchaser Group reducing its Maximum Purchaser Group Invested Amount and (y)&nbsp;shall be deemed to be&nbsp;an Extending Purchaser Group with a
Maximum Purchaser Group Invested Amount equal to the portion of its Maximum Purchaser Group Invested Amount that will be available after the extension of its Scheduled Expiry Date. In connection with any request by ABRCF to extend the Scheduled
Expiry Date pursuant to this Section&nbsp;2.6(b), ABRCF shall provide (i)&nbsp;to the Administrative Agent, who shall provide to each Purchaser Group, on or prior to the effective date of any such extension, a certificate of the principal financial
officer of ABRCF to the effect set forth in Schedule 8.3(d) of the Base Indenture and (ii)&nbsp;notice to the Rating Agencies, Standard&nbsp;&amp; Poor&#146;s and Moody&#146;s of its request to extend the Scheduled Expiry Date. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(c) On any Business Day during the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Revolving Period, ABRCF may, upon two
(2)&nbsp;Business Days&#146; prior written notice to the Administrative Agent (effective upon receipt) (with copies to the Administrator and the Trustee) reduce the Class&nbsp;A Maximum Invested Amount in an amount equal to $10,000,000 or a whole
multiple of $1,000,000 in excess thereof; <U>provided</U> that no such termination or reduction shall be permitted if, after giving effect thereto and to any reduction in the Class&nbsp;A Invested Amount on such date, the Purchaser Group Invested
</P>
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Amount with respect to any Purchaser Group would exceed the Maximum Purchaser Group Invested Amount with respect to such Purchaser Group then in effect. Any reduction in the Class&nbsp;A Maximum
Invested Amount shall be made on a <U>pro rata</U> basis to the Maximum Purchaser Group Invested Amounts with respect to the Purchaser Groups, based on the Maximum Purchaser Group Invested Amount with respect to each Purchaser Group. Once reduced,
the Maximum Purchaser Group Invested Amounts may not be subsequently reinstated without each such Purchaser Group&#146;s prior written consent, which consent shall be granted or not in the sole discretion of such Purchaser Group. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(d) If, (w)&nbsp;after receiving a request for extension of its Scheduled Expiry Date from ABRCF pursuant to Section&nbsp;2.6(b), a <FONT
STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser Group or the Funding Agent with respect to a CP Conduit Purchaser Group notifies ABRCF in writing of its decision not to extend its Scheduled Expiry Date as requested or fails to respond to
ABRCF&#146;s request within 30 days of its receipt of such request, (x)&nbsp;any <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser Group or any CP Conduit Purchaser Group (or the Funding Agent with respect thereto, on behalf of such CP
Conduit Purchaser Group) (a &#147;<U><FONT STYLE="white-space:nowrap">Non-Consenting</FONT> Purchaser Group</U>&#148;) fails to give its consent for any amendment or waiver requiring the consent of 100% of the Series
<FONT STYLE="white-space:nowrap">2015-3</FONT> Noteholders (or Purchaser Groups having Commitment Percentages aggregating 100%) or the consent of all affected Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Noteholders or Purchaser Groups (and
such Purchaser Group is affected) and for which Holders of Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Notes representing at least a majority of the required voting percentage have consented, (y)&nbsp;after receiving a notice of Increase
in accordance with Section&nbsp;2.3(a), any Purchaser Group fails to fund the full amount of its Commitment Percentage of the related Increase Amount on the Increase Date (a &#147;<U><FONT STYLE="white-space:nowrap">Non-Funding</FONT> Purchaser
Group</U>&#148;) or (z)&nbsp;any Affected Party with respect to any <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser Group or any CP Conduit Purchaser Group (together with any <FONT STYLE="white-space:nowrap">Non-Extending</FONT>
Purchaser Group, <FONT STYLE="white-space:nowrap">Non-Consenting</FONT> Purchaser Group or <FONT STYLE="white-space:nowrap">Non-Funding</FONT> Purchaser Group, &#147;<U>Removed Purchaser Groups</U>&#148;) requests payment for any Article VII Costs
payable under Section&nbsp;7.1(e), at the request of ABRCF such <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser Group or such CP Conduit Purchaser Group shall on a Distribution Date thereafter selected by ABRCF (or such other date as
may be agreed by ABRCF, the Administrative Agent and such <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser or the Funding Agent with respect to such CP Conduit Purchaser Group) assign all or any portion of their respective rights and
obligations under this Supplement and the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Notes pursuant to Section&nbsp;11.1 to a replacement Purchaser Group selected by ABRCF upon payment by the replacement Purchaser Group (or upon payment
by ABRCF as agreed to by ABRCF, the assignor and the assignee) of an amount equal to the sum of (i)&nbsp;the Purchaser Group Invested Amount with respect to such Removed Purchaser Group, and (ii)(A) if such Purchaser Group includes a Match Funding
CP Conduit Purchaser, the sum of (x)&nbsp;all accrued and unpaid Discount on all outstanding Commercial Paper issued by, or for the benefit of, such Match Funding CP Conduit Purchaser to fund the CP Funded Amount with respect to such Match Funding
CP Conduit Purchaser from the issuance date(s) thereof to but excluding the date (the &#147;<U>Purchase Effective Date</U>&#148;) of the assignment to the replacement Purchaser Group and (y)&nbsp;the aggregate Discount to accrue on all outstanding
Commercial Paper issued by, or for the benefit of, such Match Funding CP Conduit Purchaser to fund the CP Funded Amount with respect to such Match Funding CP Conduit Purchaser from and including the Purchase Effective Date to and excluding the
maturity date of each CP Tranche with respect to such Match Funding CP Conduit Purchaser or (B)&nbsp;if such Removed Purchaser Group includes a Pooled Funding CP Conduit Purchaser, the sum of (x)&nbsp;the aggregate amount of accrued and unpaid
Discount on or in respect of the Commercial Paper issued by, or for the benefit of, such Pooled Funding CP Conduit Purchaser </P>
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allocated, in whole or in part, by the Funding Agent with respect to such Pooled Funding CP Conduit Purchaser, to fund the purchase or maintenance of the CP Funded Amount with respect to such
Pooled Funding CP Conduit Purchaser as of the Purchase Effective Date and (y)&nbsp;the aggregate amount of Discount to accrue on or in respect of the Commercial Paper issued by, or for the benefit of, such Pooled Funding CP Conduit Purchaser
allocated, in whole or in part, by the Funding Agent with respect to such Pooled Funding CP Conduit Purchaser, to fund the purchase or maintenance of the CP Funded Amount with respect to such Pooled Funding CP Conduit Purchaser from and including
the Purchase Effective Date to and excluding the maturity dates of such Commercial Paper, and (iii)&nbsp;(A) if such Removed Purchaser Group is a <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser Group, all accrued and unpaid interest on
the Purchaser Group Invested Amount for such <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser Group, calculated as the sum for each day from but excluding the last day of the Series <FONT STYLE="white-space:nowrap">2015-3</FONT>
Interest Period immediately preceding the Purchase Effective Date to but excluding the Purchase Effective Date of the product of (1)&nbsp;the Purchaser Group Invested Amount with respect to such <FONT STYLE="white-space:nowrap">Non-Conduit</FONT>
Purchaser on such day, times (2)&nbsp;the sum of the LIBO Rate with respect to each such day and the Program Fee Rate with respect to such <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser Group divided by (3) 360, or (B)&nbsp;if such
Removed Purchaser Group is a CP Conduit Purchaser Group, the sum of (1)&nbsp;all accrued and unpaid interest on the APA Bank Funded Amount with respect to such Purchaser Group, calculated at the Alternate Base Rate or the applicable Adjusted LIBO
Rate plus the Applicable Margin as of the Purchase Effective Date and (2)&nbsp;if such CP Conduit Purchaser Group includes a LIBOR Funding CP Conduit Purchaser, all accrued and unpaid interest on the CP Conduit Funded Amount for such CP Conduit
Purchaser Group, calculated as the sum for each day from but excluding the last day of the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Interest Period immediately preceding the Purchase Effective Date to but excluding the Purchase
Effective Date of the product of (x)&nbsp;the CP Conduit Funded Amount with respect to such CP Conduit Purchaser Group on each such day, times (y)&nbsp;the LIBO Rate with respect to each such day with respect to such CP Conduit Purchaser Group
divided by (z) 360, and (iv)&nbsp;if such Removed Group is a Conduit Purchaser Group, for each day from but excluding the last day of the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Interest Period immediately preceding the Purchase
Effective Date to but excluding the Purchase Effective Date, an amount equal to (x)&nbsp;the CP Funded Amount with respect to such Removed Purchaser Group on such day times (y)&nbsp;the Program Fee Rate divided by (z) 360, and (v)&nbsp;for each day
from but excluding the last day of the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Interest Period immediately preceding the Purchase Effective Date to but excluding the Purchase Effective Date, an amount equal to (x)&nbsp;the excess, if
any, of the Commitment Amount with respect to such Removed Purchaser Group over the Purchaser Group Invested Amount with respect to such Purchaser Group on such day times (y)&nbsp;the Commitment Fee Rate as of such date divided by (z) 360, and
(vi)&nbsp;all Article VII Costs then due and payable to such Removed Purchaser Group and (vii)&nbsp;without duplication, any other amounts then due and payable to such Removed Purchaser Group pursuant to this Supplement. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(e) ABRCF may at any time add as a Class&nbsp;A Noteholder (A)&nbsp;a multi-seller commercial paper conduit as an additional CP Conduit
Purchaser (an &#147;<U>Additional CP Conduit Purchaser</U>&#148;) and one or more banks providing support to the Additional CP Conduit Purchaser as APA Banks with respect to the Additional CP Conduit Purchaser (the &#147;<U>Related Additional APA
Banks</U>&#148;) or (B)&nbsp;a financial institution or other entity (other than a commercial paper conduit) as an additional <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser (an &#147;<U>Additional
<FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser</U>&#148;), in each case with the prior written consent of the Administrative Agent (which consent shall not be unreasonably withheld), by providing at least ten Business Days written
notice of (i)&nbsp;(A) the names of the </P>
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Additional CP Conduit Purchaser, the Related Additional APA Banks and the funding agent with respect to the Additional CP Conduit Purchaser and the Related Additional APA Banks (the
&#147;<U>Additional Funding Agent</U>&#148;) or (B)&nbsp;the name of the Additional <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser, as applicable, (ii)&nbsp;the date on which ABRCF desires to effect such addition (the
&#147;<U>Purchaser Group Addition Date</U>&#148;), (iii) the proposed Maximum Purchaser Group Invested Amount with respect to the Additional CP Conduit Purchaser and the Related Additional APA Banks or the Additional
<FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser, as applicable, and (iv)&nbsp;the Commitment Percentage of each Purchaser Group on the Purchaser Group Addition Date, after giving effect to the addition of the Additional CP Conduit
Purchaser and the Related Additional APA Banks or the Additional <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser, as applicable. On the Purchaser Group Addition Date, each Purchaser Group shall make an assignment and assumption to the
Additional CP Conduit Purchaser, the Related Additional APA Banks and the Additional Funding Agent or the Additional <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser, as applicable, pursuant to Section&nbsp;11.1, as directed by the
Administrative Agent, with the result that after giving effect thereto, the Purchaser Group Invested Amount with respect to each such Purchaser Group shall equal the product of (x)&nbsp;the Class&nbsp;A Invested Amount on the Purchaser Group
Addition Date and (y)&nbsp;the Commitment Percentage of such Purchaser Group on the Purchaser Group Addition Date, after giving effect to the addition of the Additional CP Conduit Purchaser and the Related Additional APA Banks or the Additional <FONT
STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser, as applicable. No Purchaser Group shall be required to make any assignment unless such assigning Purchaser Group shall receive in cash an amount equal to the reduction in its Class&nbsp;A
Invested Amount. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;2.7. <U>Interest; Fees</U>. (a)&nbsp;Interest shall be payable on the Series
<FONT STYLE="white-space:nowrap">2015-3</FONT> Notes on each Distribution Date pursuant to Section&nbsp;3.3. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(b) On any Business Day,
ABRCF may, subject to Section&nbsp;2.7(c), elect to allocate all or any portion of the Available CP Funding Amount with respect to any Match Funding CP Conduit Purchaser, to one or more CP Tranches with CP Rate Periods commencing on such Business
Day by giving the Administrative Agent and the Funding Agent with respect to such Match Funding CP Conduit Purchaser irrevocable written or telephonic (confirmed in writing) notice thereof, which notice must be received by such Funding Agent prior
to 3:00 p.m. (New&nbsp;York City time) on the second Business Day prior to such Business Day. Such notice shall specify (i)&nbsp;the applicable Business Day, (ii)&nbsp;the CP Rate Period for each CP Tranche to which a portion of the Available CP
Funding Amount with respect to such CP Conduit Purchaser Group is to be allocated and (iii)&nbsp;the portion of such Available CP Funding Amount being allocated to each such CP Tranche. On any Business Day, ABRCF may, subject to Sections 2.7(c) and
7.4, elect to allocate all or any portion of the Available APA Bank Funding Amount with respect to any CP Conduit Purchaser Group to one or more Eurodollar Tranches with Eurodollar Periods commencing on such Business Day by giving the Administrative
Agent and the Funding Agent with respect to such CP Conduit Purchaser Group irrevocable written or telephonic (confirmed in writing) notice thereof, which notice must be received by such Funding Agent prior to 1:00 p.m. (New&nbsp;York City time)
three Business Days prior to such Business Day. Such notice shall specify (i)&nbsp;the applicable Business Day, (ii)&nbsp;the Eurodollar Period for each Eurodollar Tranche to which a portion of the Available APA Bank Funding Amount with respect to
such CP Conduit Purchaser Group is to be allocated and (iii)&nbsp;the portion of such Available APA Bank Funding Amount being allocated to each such Eurodollar Tranche. Upon receipt of any such notice, the Funding Agent with respect to a CP Conduit
Purchaser Group shall notify the CP Conduit Purchaser and the APA Bank with respect to such CP Conduit Purchaser Group of the contents of such notice promptly upon receipt thereof. </P>
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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(c) Notwithstanding anything to the contrary contained in this Section&nbsp;2.7,
(i)&nbsp;(A) each Match Funding CP Conduit Purchaser shall approve the length of each CP Rate Period and the portion of the Available CP Funding Amount with respect to such Match Funding CP Conduit Purchaser allocated to such CP Rate Period,
(B)&nbsp;such Match Funding CP Conduit Purchaser may select, in its sole discretion, any new CP Rate Period if (x)&nbsp;ABRCF does not provide notice of a new CP Rate Period on a timely basis or (y)&nbsp;the Funding Agent with respect to such Match
Funding CP Conduit Purchaser, on behalf of such Match Funding CP Conduit Purchaser, determines, in its sole discretion, that the CP Rate Period requested by ABRCF is unavailable or for any reason commercially undesirable and (C)&nbsp;the portion of
the Available CP Funding Amount with respect to such Match Funding CP Conduit Purchaser allocable to each CP Tranche must be in an amount equal to $1,000,000 or an integral multiple of $100,000 in excess thereof and (ii)&nbsp;(A) the portion of the
Available APA Bank Funding Amount with respect to any CP Conduit Purchaser Group allocable to each Eurodollar Tranche must be in an amount equal to $100,000 or an integral multiple of $100,000 in excess thereof, (B)&nbsp;no more than 7 Eurodollar
Tranches with respect to such CP Conduit Purchaser Group shall be outstanding at any one time, (C)&nbsp;after the occurrence and during the continuance of any Amortization Event or Potential Amortization Event, ABRCF may not elect to allocate any
portion of the Available APA Bank Funding Amount with respect to any CP Conduit Purchaser Group to a Eurodollar Tranche and (D)&nbsp;during the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Controlled Amortization Period or the Series <FONT
STYLE="white-space:nowrap">2015-3</FONT> Rapid Amortization Period, ABRCF may not select any Eurodollar Period that does not end on or prior to the next succeeding Distribution Date. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(d) On any Business Day, a Match Funding CP Conduit Purchaser may elect that ABRCF no longer be permitted to select CP Tranches in accordance
with Sections 2.7(b) and (c)&nbsp;in respect of the CP Conduit Funded Amount with respect to such CP Conduit Purchaser by giving ABRCF and the Administrative Agent irrevocable written notice thereof, which notice must be received by ABRCF and the
Administrative Agent at least one Business Day prior to such Business Day. On any Business Day, a Pooled Funding CP Conduit Purchaser may with the prior written consent of the Administrator (which consent shall not be unreasonably withheld) elect
thereafter to allow ABRCF to select CP Tranches in accordance with Sections 2.7(b) and (c)&nbsp;in respect of the CP Conduit Funded Amount with respect to such CP Conduit Purchaser by giving ABRCF and the Administrative Agent irrevocable written
notice thereof, which notice and consent must be received by ABRCF and the Administrative Agent at least one Business Day prior to such election. Any CP Conduit Purchaser making an election to change the manner in which its funding costs in respect
of its Class&nbsp;A Note are allocated in accordance with this Section&nbsp;2.7(d) will be both a Match Funding CP Conduit Purchaser and a Pooled Funding CP Conduit Purchaser during the period that its Class&nbsp;A Note is funded on both a
&#147;pooled&#148; and &#147;match funded&#148; basis and its Monthly Funding Costs during that period will be calculated accordingly. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(e) ABRCF shall pay with funds available pursuant to Section&nbsp;3.3(a) to the Administrative Agent, for the account of each Purchaser Group,
on each Distribution Date, a commitment fee with respect to the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Interest Period ending on the day preceding such Distribution Date (the &#147;<U>Commitment Fee</U>&#148;) during the period from
the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Closing Date to and including the Expiry Date with respect to such Purchaser Group equal to the product of (x)&nbsp;the Commitment Fee Rate with respect to such Purchaser Group as of the last
day of such Series </P>
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<FONT STYLE="white-space:nowrap">2015-3</FONT> Interest Period and (y)&nbsp;the excess of (i)&nbsp;the average daily Commitment Amount with respect to such Purchaser Group during such Series <FONT
STYLE="white-space:nowrap">2015-3</FONT> Interest Period over (ii)&nbsp;the average daily Purchaser Group Invested Amount with respect to such Purchaser Group during such Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Interest Period. The
Commitment Fees shall be payable monthly in arrears on each Distribution Date and shall be considered interest on the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Notes for purposes of calculating the Accrued Amounts with respect to the
Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Notes. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(f) ABRCF shall pay with funds available pursuant to Section&nbsp;3.3(g) to
the Administrative Agent, for the account of each Purchaser Group, on each Distribution Date, the Contingent Monthly Funding Costs with respect to each Purchaser Group for the related Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Interest
Period. The Contingent Monthly Funding Costs shall be payable monthly in arrears on each Distribution Date. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(g) With respect to the
Class&nbsp;A Notes, calculations of per annum rates under this Supplement shall be made on the basis of a <FONT STYLE="white-space:nowrap">360-</FONT> (or <FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">365-/366-</FONT></FONT> in
the case of interest on the Floating Tranche based on the Prime Rate) day year. With respect to the Class&nbsp;R Notes, calculations of per annum rates under this Supplement shall be made on the basis of a
<FONT STYLE="white-space:nowrap">360-day</FONT> year consisting of twelve <FONT STYLE="white-space:nowrap">30-day</FONT> months. Calculations of Commitment Fees shall be made on the basis of a <FONT STYLE="white-space:nowrap">360-day</FONT> year.
Each determination of the Adjusted LIBO Rate or LIBO Rate by the Administrative Agent or by any <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser shall be conclusive and binding upon each of the parties hereto in the absence of manifest
error. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(h) On any date prior to the occurrence of an Amortization Event on which more than 50% of the Class&nbsp;A Invested Amount as of
such date is funded by one or more APA Banks, each <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser may elect, in its sole discretion, by delivering written notice to ABRCF, the Administrator and the Administrative Agent (a
&#147;<U>Pricing Increase Notice</U>&#148;), to have the Monthly Funding Costs with respect to such <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser calculated for each day of a Series <FONT STYLE="white-space:nowrap">2015-3</FONT>
Interest Period that more than 50% of the Class&nbsp;A Invested Amount is funded by one or more APA Banks at a rate per annum equal to the sum of (A)&nbsp;the LIBO Rate with respect to such day and (B)&nbsp;the Applicable Margin with respect to any
Eurodollar Tranche on such day (rather than the LIBO Rate with respect to such day and the Program Fee Rate on such day). At any time following delivery of a Pricing Increase Notice by a <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser,
such <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser may, in its sole discretion, rescind such election by delivering written notice thereof to ABRCF and the Administrative Agent (a &#147;<U>Pricing Increase Rescission</U>&#148;). </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;2.8. <U>Indemnification by ABRCF</U>. ABRCF agrees to indemnify and hold harmless the Trustee, the Administrative Agent, each
Funding Agent, each CP Conduit Purchaser, each APA Bank, each <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser and each of their respective officers, directors, agents and employees (each, a &#147;<U>Company indemnified
person</U>&#148;) from and against any loss, liability, expense, damage or injury suffered or sustained by (a &#147;<U>Claim</U>&#148;) such Company indemnified person by reason of (i)&nbsp;any acts, omissions or alleged acts or omissions arising
out of, or relating to, activities of ABRCF pursuant to the Indenture or the other Related Documents to which it is a party, (ii)&nbsp;a breach of any representation or warranty made or deemed made by ABRCF (or any of its officers) in the Indenture
or other Related Document or (iii)&nbsp;a failure by ABRCF to comply with any applicable law or regulation or to perform its covenants, agreements, duties or obligations required to be performed or observed by it in accordance with the provisions of
the Indenture or the other Related Documents, including, but not limited to, any judgment, </P>
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award, settlement, reasonable attorneys&#146; fees and other reasonable costs or expenses incurred in connection with the defense of any actual or threatened action, proceeding or claim, except
to the extent such loss, liability, expense, damage or injury resulted from the gross negligence, bad faith or willful misconduct of such Company indemnified person or its officers, directors, agents, principals, employees or employers or includes
any Excluded Taxes; <U>provided</U> that any payments made by ABRCF pursuant to this Section&nbsp;2.8 shall be made solely from funds available pursuant to Section&nbsp;3.3(e), shall be <FONT STYLE="white-space:nowrap">non-recourse</FONT> other than
with respect to such funds, and shall not constitute a claim against ABRCF to the extent that such funds are insufficient to make such payment. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;2.9. <U>Funding Agents</U>. (a)&nbsp;The Funding Agent with respect to each CP Conduit Purchaser Group is hereby authorized to
record on each Business Day the CP Funded Amount with respect to such CP Conduit Purchaser Group and the aggregate amount of Discount accruing with respect thereto on such Business Day and the APA Bank Funded Amount with respect to such CP Conduit
Purchaser Group and the amount of interest accruing with respect thereto on such Business Day and, based on such recordations, to determine the Monthly Funding Costs with respect to each Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Interest
Period and such CP Conduit Purchaser Group. Any such recordation by a Funding Agent, absent manifest error, shall constitute prima facie evidence of the accuracy of the information so recorded. Furthermore, the Funding Agent with respect to each CP
Conduit Purchaser Group will maintain records sufficient to identify the percentage interest of the related CP Conduit Purchaser and each APA Bank with respect to such CP Conduit Purchaser Group holding an interest in the Series <FONT
STYLE="white-space:nowrap">2015-3</FONT> Note registered in the name of such Funding Agent and any amounts owing thereunder. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(b) Upon
receipt of funds from the Administrative Agent on each Distribution Date and the date of any Decrease, each Funding Agent shall pay such funds to the related CP Conduit Purchaser and/or the related APA Bank owed such funds in accordance with the
recordations maintained by it in accordance with Section&nbsp;2.9(a) and the Asset Purchase Agreement with respect to such CP Conduit Purchaser. If a Funding Agent shall have paid to any CP Conduit Purchaser or APA Bank any funds that (i)&nbsp;must
be returned for any reason (including bankruptcy) or (ii)&nbsp;exceeds that which such CP Conduit Purchaser or APA Bank was entitled to receive, such amount shall be promptly repaid to such Funding Agent by such CP Conduit Purchaser or APA Bank.
</P> <P STYLE="margin-top:24pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>ARTICLE III </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>SERIES <FONT STYLE="white-space:nowrap">2015-3</FONT> ALLOCATIONS </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">With respect to the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Notes, the following shall apply: </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;3.1. <U>Establishment of Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Collection Account, Series <FONT
STYLE="white-space:nowrap">2015-3</FONT> Excess Collection Account and Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Accrued Interest Account.</U> (a)&nbsp;All Collections allocable to the Series
<FONT STYLE="white-space:nowrap">2015-3</FONT> Notes shall be allocated to the Collection Account. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(b) The Trustee will create three
administrative subaccounts within the Collection Account for the benefit of the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Noteholders: the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Collection Account (such <FONT
STYLE="white-space:nowrap">sub-account,</FONT> the &#147;<U>Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Collection Account</U>&#148;), the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Excess Collection Account (such <FONT
STYLE="white-space:nowrap">sub-account,</FONT> the &#147;<U>Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Excess Collection Account</U>&#148;) and the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Accrued Interest Account (such <FONT
STYLE="white-space:nowrap">sub-account,</FONT> the &#147;<U>Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Accrued Interest Account</U>&#148;). </P>
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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(c) With respect to all Accounts created pursuant to this Supplement, the Trustee represents
on the date hereof that it has an office in the United States which is not intended to be merely temporary and meets the description set forth in the second sentence of Article 4(1) of the Hague Convention on the Law Applicable to Certain Rights in
Respect of Securities Held with an Intermediary, concluded 5&nbsp;July 2006. The Law in force in the State of New York is applicable to all issues specified in Article 2(1) of the Hague Convention on the Law Applicable to Certain Rights in Respect
of Securities Held with an Intermediary, concluded 5&nbsp;July 2006. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;3.2. <U>Allocations with Respect to the Series <FONT
STYLE="white-space:nowrap">2015-3</FONT> Notes</U>. The net proceeds from the initial sale of the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Notes and any Increase will be deposited into the Collection Account. On each Business Day on
which Collections are deposited into the Collection Account (each such date, a &#147;<U>Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Deposit Date</U>&#148;), the Administrator will direct the Trustee in writing pursuant to the
Administration Agreement to allocate all amounts deposited into the Collection Account in accordance with the provisions of this Section&nbsp;3.2: </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(a) <U>Allocations of Collections During the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Revolving Period</U>. During
the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Revolving Period, the Administrator will direct the Trustee in writing pursuant to the Administration Agreement to allocate on each day, prior to 11:00&nbsp;a.m. (New&nbsp;York City time) on
each Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Deposit Date, all amounts deposited into the Collection Account as set forth below: </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:9%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(i) allocate to the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Collection Account an amount equal to the sum of
(A)&nbsp;the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Invested Percentage (as of such day) of the aggregate amount of Interest Collections on such day and (B)&nbsp;any Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Interest Rate
Cap Proceeds received by the Trustee on such day. All such amounts allocated to the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Collection Account shall be further allocated to the Series <FONT STYLE="white-space:nowrap">2015-3</FONT>
Accrued Interest Account; and </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:9%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(ii) allocate to the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Excess Collection
Account the sum of (A)&nbsp;the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Invested Percentage (as of such day) of the aggregate amount of Principal Collections on such day (for any such day, the &#147;<U>Series <FONT
STYLE="white-space:nowrap">2015-3</FONT> Principal Allocation</U>&#148;) and (B)&nbsp;the proceeds from the initial issuance of the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Notes and from any Increase; <U>provided</U>, <U>however</U>,
if a Waiver Event shall have occurred, then such allocation shall be modified as provided in Article&nbsp;V. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(b)
<U>Allocations of Collections During the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Controlled Amortization Period.</U> With respect to the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Controlled Amortization Period, the
Administrator will direct the Trustee in writing pursuant to the Administration Agreement to allocate, prior to 11:00 a.m. (New York City time) on any Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Deposit Date, all amounts deposited into the
Collection Account as set forth below: </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:9%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(i) allocate to the Series <FONT STYLE="white-space:nowrap">2015-3</FONT>
Collection Account an amount determined as set forth in Section&nbsp;3.2(a)(i) above for such day, which amount shall be further allocated to the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Accrued Interest Account; and </P>
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 <P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:9%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(ii) allocate to the Series <FONT STYLE="white-space:nowrap">2015-3</FONT>
Collection Account an amount equal to the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Principal Allocation for such day, which amount shall be used to make principal payments in respect of the Series
<FONT STYLE="white-space:nowrap">2015-3</FONT> Notes (A)&nbsp;in accordance with Section&nbsp;3.5, (1) first, in respect of the Class&nbsp;A Notes in an amount equal to the Class&nbsp;A Controlled Distribution Amount with respect to the Related
Month and (2)&nbsp;second, in respect of the Class&nbsp;R Notes, in an amount equal to the Class&nbsp;R Controlled Distribution Amount with respect to the Related Month or (B)&nbsp;to make a Decrease; <U>provided</U>, <U>however</U>, that if the
Monthly Total Principal Allocation for any Related Month exceeds the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Controlled Distribution Amount with respect to the Related Month, then the amount of such excess shall be allocated to the
Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Excess Collection Account; and <U>provided</U>, <U>further</U>, that if a Waiver Event shall have occurred, then such allocation shall be modified as provided in Article&nbsp;V. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(c) <U>Allocations of Collections During the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Rapid Amortization
Period</U>. With respect to the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Rapid Amortization Period, other than after the occurrence of an Event of Bankruptcy with respect to ABCR, any other Lessee or any Permitted Sublessee (other than
a third-party Permitted Sublessee), the Administrator will direct the Trustee in writing pursuant to the Administration Agreement to allocate, prior to 11:00 a.m. (New York City time) on any Series <FONT STYLE="white-space:nowrap">2015-3</FONT>
Deposit Date, all amounts deposited into the Collection Account as set forth below: </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:9%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(i) allocate to the Series <FONT
STYLE="white-space:nowrap">2015-3</FONT> Collection Account an amount determined as set forth in Section&nbsp;3.2(a)(i) above for such day, which amount shall be further allocated to the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Accrued
Interest Account; and </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:9%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(ii) allocate to the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Collection Account an
amount equal to the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Principal Allocation for such day, which amount shall be used to make principal payments in respect of the Class&nbsp;A Notes until the Class&nbsp;A Invested Amount is paid in
full, and then to make principal payments in respect of the Class&nbsp;R Notes until the Class&nbsp;R Invested Amount is paid in full; <U>provided</U> that if on any Determination Date (A)&nbsp;the Administrator determines that the amount
anticipated to be available from Interest Collections allocable to the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Notes, Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Interest Rate Cap Proceeds and other amounts available pursuant
to Section&nbsp;3.3 to pay Class&nbsp;A Senior Monthly Interest and the Commitment Fees on the next succeeding Distribution Date will be less than the Class&nbsp;A Senior Monthly Interest and Commitment Fees for the Series <FONT
STYLE="white-space:nowrap">2015-3</FONT> Interest Period ending on the day preceding such Distribution Date and (B)&nbsp;the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Enhancement Amount is greater than zero, then the Administrator shall
direct the Trustee in writing to reallocate a portion of the Principal Collections allocated to the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Notes during the Related Month equal to the lesser of such insufficiency and the Series <FONT
STYLE="white-space:nowrap">2015-3</FONT> Enhancement Amount to the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Accrued Interest Account to be treated as Interest Collections on such Distribution Date; <U>provided</U> <U>further</U> that
if, </P>
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after giving effect to any allocation on such Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Deposit Date, the Monthly Total Principal Allocation for the Related Month would exceed the sum
of (x)&nbsp;the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Invested Amount on such date and (y)&nbsp;any insufficiency described in the preceding proviso, then such excess shall be allocated to the Series
<FONT STYLE="white-space:nowrap">2015-3</FONT> Reserve Account. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(d) <U>Allocations of Collections after the Occurrence of
an Event of Bankruptcy</U>. After the occurrence of an Event of Bankruptcy with respect to ABCR, any other Lessee or any Permitted Sublessee (other than a third-party Permitted Sublessee), the Administrator will direct the Trustee in writing
pursuant to the Administration Agreement to allocate, prior to 11:00 a.m. (New York City time) on any Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Deposit Date, all amounts deposited into the Collection Account as set forth below: </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:9%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(i) allocate to the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Collection Account an amount equal to the sum of
(A)&nbsp;the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> AESOP I Operating Lease Vehicle Percentage as of the date of the occurrence of such Event of Bankruptcy of the aggregate amount of Interest Collections made under the AESOP I
Operating Lease Loan Agreement, (B)&nbsp;the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> VFN Percentage of the aggregate amount of Interest Collections made under the AESOP II Loan Agreement and (C)&nbsp;any Series <FONT
STYLE="white-space:nowrap">2015-3</FONT> Interest Rate Cap Proceeds received by the Trustee on such day. All such amounts allocated to the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Collection Account shall be further allocated to the
Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Accrued Interest Account; and </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:9%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(ii) allocate to the Series <FONT
STYLE="white-space:nowrap">2015-3</FONT> Collection Account an amount equal to the sum of (A)&nbsp;the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> AESOP I Operating Lease Vehicle Percentage as of the date of the occurrence of such Event of
Bankruptcy of the aggregate amount of Principal Collections made under the AESOP I Operating Lease Loan Agreement and (B)&nbsp;the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> VFN Percentage of the aggregate amount of Principal Collections
made under the AESOP II Loan Agreement, which amount shall be used to make principal payments in respect of the Class&nbsp;A Notes until the Class&nbsp;A Invested Amount is paid in full, and after the Class&nbsp;A Notes have been paid in full shall
be used to make principal payments in respect of the Class&nbsp;R Notes until the Class&nbsp;R Invested Amount is paid in full; <U>provided</U> that if on any Determination Date (A)&nbsp;the Administrator determines that the amount anticipated to be
available from Interest Collections allocable to the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Notes, Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Interest Rate Cap Proceeds and other amounts available pursuant to
Section&nbsp;3.3 to pay Class&nbsp;A Senior Monthly Interest and the Commitment Fees on the next succeeding Distribution Date will be less than the Class&nbsp;A Senior Monthly Interest and Commitment Fees for the Series <FONT
STYLE="white-space:nowrap">2015-3</FONT> Interest Period ending on the day preceding such Distribution Date and (B)&nbsp;the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Enhancement Amount is greater than zero, then the Administrator shall
direct the Trustee in writing to reallocate a portion of the Principal Collections allocated to the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Notes during the Related Month equal to the lesser of such insufficiency and the Series <FONT
STYLE="white-space:nowrap">2015-3</FONT> Enhancement Amount to the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Accrued Interest Account to be treated as Interest Collections on such Distribution Date; <U>provided</U> <U>further</U> that
if, after giving effect to any allocation on such Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Deposit Date, the Monthly Total Principal Allocation for the Related Month would exceed the sum of (x)&nbsp;the Series <FONT
STYLE="white-space:nowrap">2015-3</FONT> Invested Amount on such date and (y)&nbsp;any insufficiency described in the preceding proviso, then such excess shall be allocated to the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Reserve
Account. </P>
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 <P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(e) <U>Allocations From Other Series</U>. Amounts allocated to other Series
of Notes that have been reallocated by ABRCF to the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Notes (i)&nbsp;during the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Revolving Period shall be allocated to the Series <FONT
STYLE="white-space:nowrap">2015-3</FONT> Excess Collection Account and applied in accordance with Section&nbsp;3.2(e) and (ii)&nbsp;during the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Controlled Amortization Period or the Series <FONT
STYLE="white-space:nowrap">2015-3</FONT> Rapid Amortization Period shall be allocated to the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Collection Account and applied in accordance with Section&nbsp;3.2(b)(ii), 3.2(c)(ii) or 3.2(d)(ii),
as the case may be, to make principal payments in respect of the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Notes or to be allocated to the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Reserve Account. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(f) <U>Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Excess Collection Account</U>. Amounts allocated to the Series <FONT
STYLE="white-space:nowrap">2015-3</FONT> Excess Collection Account on any Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Deposit Date will be (i)&nbsp;first, used to reduce the Purchaser Group Invested Amount with respect to any <FONT
STYLE="white-space:nowrap">Non-Extending</FONT> Purchaser Group to the extent required pursuant to Section&nbsp;2.5(d), (ii) second, deposited in the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Reserve Account in an amount up to the
excess, if any, of the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Required Reserve Account Amount for such date, after giving effect to any Increase or Decrease on such date, over the Series <FONT STYLE="white-space:nowrap">2015-3</FONT>
Available Reserve Account Amount for such date, (iii)&nbsp;third, to the extent directed by ABRCF used to pay the principal amount of other Series of Notes that are then required to be paid, (iv)&nbsp;fourth, to the extent directed in writing by the
Administrator, used to make a voluntary Decrease in the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Invested Amount, (v)&nbsp;fifth, to the extent directed in writing by the Administrator used to make a voluntary decrease in the Invested
Amount of any other Series of Notes that may be reduced in accordance with the Indenture, (vi)&nbsp;sixth, released to AESOP Leasing in an amount equal to (A)&nbsp;the Loan Agreement&#146;s Share with respect to the AESOP I Operating Lease Loan
Agreement as of such date times (B) 100% minus the Loan Payment Allocation Percentage with respect to the AESOP I Operating Lease Loan Agreement as of such date times (C)&nbsp;the amount of any remaining funds and (vii)&nbsp;seventh, paid to ABRCF
for any use permitted under the Related Documents, including to make Loans under the Loan Agreements to the extent the Borrowers have requested Loans thereunder and Eligible Vehicles are available for financing thereunder; <U>provided</U>, in the
case of clauses (v), (vi) and (vii), that no AESOP I Operating Lease Vehicle Deficiency would result therefrom or exist immediately thereafter. Upon the occurrence of an Amortization Event, funds on deposit in the Series <FONT
STYLE="white-space:nowrap">2015-3</FONT> Excess Collection Account will be withdrawn by the Trustee, deposited in the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Collection Account and allocated as Principal Collections to reduce the
Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Invested Amount on the immediately succeeding Distribution Date or to be allocated to the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Reserve Account. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(g) <U>Past Due Rental Payments</U>. Notwithstanding Section&nbsp;3.2(a), if after the occurrence of a Series <FONT
STYLE="white-space:nowrap">2015-3</FONT> Lease Payment Deficit, the Lessees shall make payments of Monthly Base Rent or other amounts payable by the Lessees under the Leases on or prior to the fifth Business Day after the occurrence of such Series <FONT
STYLE="white-space:nowrap">2015-3</FONT> Lease Payment Deficit (a &#147;<U>Past Due Rent Payment</U>&#148;), the Administrator shall direct the Trustee in writing pursuant to the Administration Agreement to allocate to the Series <FONT
STYLE="white-space:nowrap">2015-3</FONT> Collection Account an amount equal to the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Invested Percentage as of the date of the occurrence of </P>
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such Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Lease Payment Deficit of the Collections attributable to such Past Due Rent Payment (the &#147;<U>Series
<FONT STYLE="white-space:nowrap">2015-3</FONT> Past Due Rent Payment</U>&#148;). The Administrator shall instruct the Trustee in writing pursuant to the Administration Agreement to withdraw from the Series
<FONT STYLE="white-space:nowrap">2015-3</FONT> Collection Account and apply the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Past Due Rent Payment in the following order: </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:9%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(i) if the occurrence of such Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Lease Payment Deficit resulted in a
withdrawal being made from the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Reserve Account pursuant to Section&nbsp;3.3(b), deposit in the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Reserve Account an amount equal to the lesser
of (x)&nbsp;the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Past Due Rent Payment and (y)&nbsp;the excess, if any, of the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Required Reserve Account Amount over the Series <FONT
STYLE="white-space:nowrap">2015-3</FONT> Available Reserve Account Amount on such day; </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:9%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(ii) if the occurrence of the
related Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Lease Payment Deficit resulted in one or more Lease Deficit Disbursements being made under the Multi-Series Letters of Credit, pay to each Multi-Series Letter of Credit Provider who made
such a Lease Deficit Disbursement for application in accordance with the provisions of the applicable Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Reimbursement Agreement an amount equal to the lesser of (x)&nbsp;the unreimbursed amount of
such Multi-Series Letter of Credit Provider&#146;s Lease Deficit Disbursement and (y)&nbsp;such Multi-Series Letter of Credit Provider&#146;s <U>pro</U> <U>rata</U> share, calculated on the basis of the unreimbursed amount of each Multi-Series
Letter of Credit Provider&#146;s Lease Deficit Disbursement, of the amount of the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Past Due Rent Payment remaining after payment pursuant to clause (i)&nbsp;above; </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:9%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(iii) if the occurrence of such Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Lease Payment Deficit resulted in a
withdrawal being made from the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Cash Collateral Account, deposit in the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Cash Collateral Account an amount equal to the lesser of (x)&nbsp;the
amount of the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Past Due Rent Payment remaining after any payment pursuant to clauses (i)&nbsp;and (ii) above and (y)&nbsp;the amount withdrawn from the Series
<FONT STYLE="white-space:nowrap">2015-3</FONT> Cash Collateral Account on account of such Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Lease Payment Deficit; </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:9%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(iv) allocate to the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Accrued Interest Account the amount, if any, by
which the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Lease Interest Payment Deficit, if any, relating to such Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Lease Payment Deficit exceeds the amount of the Series <FONT
STYLE="white-space:nowrap">2015-3</FONT> Past Due Rent Payment applied pursuant to clauses (i), (ii) and (iii)&nbsp;above; and </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:9%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(v) treat the remaining amount of the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Past Due Rent Payment as Principal
Collections allocated to the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Notes in accordance with Section&nbsp;3.2(a)(ii), 3.2(b)(ii) or 3.2(c)(ii), as the case may be. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;3.3. <U>Payments to Noteholders</U>. The Funding Agent with respect to each CP Conduit Purchaser Group and each <FONT
STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser shall provide written notice to the Administrative Agent (x)&nbsp;no later than two Business Days prior to each Determination Date, setting forth the Monthly Funding Costs with respect to its
Related Purchaser Group with respect to the </P>
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portion of the current Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Interest Period ending on such Business Day and a reasonable estimation of the Monthly Funding Costs with respect to
such Purchaser Group for the remainder of such Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Interest Period and (y)&nbsp;within three Business Days after the end of each calendar month, setting forth the Monthly Funding Costs (calculated as
if such calendar month was a Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Interest Period) with respect to such Purchaser Group for such calendar month. The Administrative Agent shall, within two Business Days following its receipt of such
information from each Funding Agent and each <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser, compile the information provided in such written notice pursuant to (x)&nbsp;or (y) above, as applicable, into one written notice for all
Purchaser Groups and forward such notice to the Administrator. The Administrator shall determine the Senior Monthly Funding Costs, the Contingent Monthly Funding Costs and the Class&nbsp;A Senior Note Rate based on the information provided by the
Funding Agents and the <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchasers. If the actual amount of the Monthly Funding Costs with respect to any Purchaser Group for a Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Interest Period
is less than or greater than the amount thereof estimated by the Funding Agent or the <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser with respect to its Related Purchaser Group on a Determination Date, such Funding Agent or <FONT
STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser shall notify the Administrator and the Administrative Agent thereof on the next succeeding Determination Date and the Administrator will reduce or increase the Monthly Funding Costs with
respect to such Purchaser Group for the next succeeding Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Interest Period accordingly. The Administrator shall determine the Senior Monthly Funding Costs, the Contingent Monthly Funding Costs and
the Class&nbsp;A Senior Note Rate for the last Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Interest Period on the Determination Date immediately preceding the final Distribution Date based on the information provided by the Funding Agents
and the <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchasers. If a Funding Agent or <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser determines that the actual Monthly Funding Costs with respect to its Related Purchaser Group
for the last Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Interest Period will be more or less than the estimate thereof provided to the Administrator and informs the Administrator of such variance prior to the Distribution Date for such
Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Interest Period, the Administrator will recalculate the Senior Monthly Funding Costs, the Contingent Monthly Funding Costs and the Class&nbsp;A Senior Note Rate with respect to such Purchaser
Group for such Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Interest Period. On each Determination Date, as provided below, the Administrator shall instruct the Paying Agent in writing pursuant to the Administration Agreement to withdraw,
and on the following Distribution Date the Paying Agent, acting in accordance with such instructions, shall withdraw the amounts required to be withdrawn from the Collection Account pursuant to Section&nbsp;3.3(a) below in respect of all funds
available from Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Interest Rate Cap Proceeds and Interest Collections processed since the preceding Distribution Date and allocated to the holders of the Series
<FONT STYLE="white-space:nowrap">2015-3</FONT> Notes. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(a) <U>Class A Senior Note Interest and Commitment Fees with respect
to the Class</U><U></U><U>&nbsp;A Notes</U>. On each Determination Date, the Administrator shall instruct the Trustee and the Paying Agent in writing pursuant to the Administration Agreement as to the amount to be withdrawn and paid pursuant to
Section&nbsp;3.4 from the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Accrued Interest Account to the extent funds are anticipated to be available from Interest Collections allocable to the Series
<FONT STYLE="white-space:nowrap">2015-3</FONT> Notes and the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Interest Rate Cap Proceeds processed from, but not including, the preceding Distribution Date through the succeeding Distribution Date
in respect of (x)&nbsp;first, an amount equal to the Class&nbsp;A Senior Monthly Interest for the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Interest Period ending on the day preceding the related Distribution Date, (y)&nbsp;second, an
amount equal to the Commitment Fees for each Purchaser Group for the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Interest Period ending on the day preceding the related </P>
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Distribution Date, and (z)&nbsp;third, an amount equal to the amount of any unpaid Class&nbsp;A Senior Monthly Interest Shortfall as of the preceding Distribution Date (together with any accrued
interest on such Class&nbsp;A Senior Monthly Interest Shortfall). On the following Distribution Date, the Trustee shall withdraw the amounts described in the first sentence of this Section&nbsp;3.3(a)&nbsp;from the Series <FONT
STYLE="white-space:nowrap">2015-3</FONT> Accrued Interest Account and deposit such amounts in the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Distribution Account. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(b) <U>Withdrawals from Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Reserve Account</U>. If the Administrator
determines on any Distribution Date that the amounts available from the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Accrued Interest Account are insufficient to pay the sum of the amounts described in clauses (x), (y) and (z)&nbsp;of
Section&nbsp;3.3(a) above on such Distribution Date, the Administrator shall instruct the Trustee in writing to withdraw from the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Reserve Account and deposit in the Series <FONT
STYLE="white-space:nowrap">2015-3</FONT> Distribution Account on such Distribution Date an amount equal to the lesser of the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Available Reserve Account Amount and such insufficiency. The Trustee
shall withdraw such amount from the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Reserve Account and deposit such amount in the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Distribution Account. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(c) <U>Lease Payment Deficit Notice</U>. On or before 10:00 a.m. (New&nbsp;York City time) on each Distribution Date, the
Administrator shall notify the Trustee of the amount of any Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Lease Payment Deficit, such notification to be in the form of <U>Exhibit F</U> (each a &#147;<U>Lease Payment Deficit
Notice</U>&#148;). </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(d) <U>Draws on Multi-Series Letters of Credit For Series
<FONT STYLE="white-space:nowrap">2015-3</FONT> Lease Interest Payment Deficits</U>. If the Administrator determines on the Business Day immediately preceding any Distribution Date that on such Distribution Date there will exist a Series <FONT
STYLE="white-space:nowrap">2015-3</FONT> Lease Interest Payment Deficit, the Administrator shall, on or prior to 3:00 p.m. (New York City time) on such Business Day, instruct the Trustee in writing to draw on the Multi-Series Letters of Credit, if
any, and, the Trustee shall, by 5:00 p.m. (New&nbsp;York City time) on such Business Day draw an amount (identified by the Administrator) equal to the least of (i)&nbsp;such Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Lease Interest
Payment Deficit, (ii)&nbsp;the excess, if any, of the sum of the amounts described in clauses (x), (y) and (z)&nbsp;of Section&nbsp;3.3(a) above for such Distribution Date over the amounts available from the Series
<FONT STYLE="white-space:nowrap">2015-3</FONT> Accrued Interest Account on such Distribution Date plus the amount withdrawn from the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Reserve Account pursuant to Section&nbsp;3.3(b) and
(iii)&nbsp;the Allocated Multi-Series Letter of Credit Liquidity Amount on the Multi-Series Letters of Credit by presenting to each Multi-Series Letter of Credit Provider a Certificate of Lease Deficit Demand and shall cause the Lease Deficit
Disbursements to be deposited in the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Distribution Account on such Distribution Date for distribution in accordance with Section&nbsp;3.4; <U>provided</U>, <U>however</U>, that if the Series <FONT
STYLE="white-space:nowrap">2015-3</FONT> Cash Collateral Account has been established and funded, the Trustee shall withdraw from the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Cash Collateral Account and deposit in the Series <FONT
STYLE="white-space:nowrap">2015-3</FONT> Distribution Account an amount equal to the lesser of (x)&nbsp;the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Cash Collateral Percentage on such date of the least of the amounts described in
clauses (i), (ii) and (iii)&nbsp;above and (y)&nbsp;the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Available Cash Collateral Account Amount on such date and draw an amount equal to the remainder of such amount on the Multi-Series Letters
of Credit. </P>
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 <P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(e) <U>Balance</U>. On or prior to the second Business Day preceding each
Distribution Date, the Administrator shall instruct the Trustee and the Paying Agent in writing pursuant to the Administration Agreement to pay the balance (after making the payments required in Section&nbsp;3.3(a)), if any, of the amounts available
from the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Accrued Interest Account as follows: </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:9%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(i) on each
Distribution Date during the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Revolving Period or the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Controlled Amortization Period, (1)&nbsp;first, to the Series <FONT
STYLE="white-space:nowrap">2015-3</FONT> Reserve Account, an amount equal to the sum of (x)&nbsp;the aggregate Contingent Monthly Funding Costs with respect to all Purchaser Groups for the Series <FONT STYLE="white-space:nowrap">2015-3</FONT>
Interest Period ended on the day preceding such Distribution Date and (y)&nbsp;any Contingent Monthly Funding Costs Shortfall as of the immediately preceding Distribution Date (together with accrued interest thereon), (2) second, to the
Administrator, an amount equal to the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Percentage as of the beginning of such Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Interest Period of the portion of the Monthly Administration Fee
payable by ABRCF (as specified in clause (iii)&nbsp;of the definition thereof) for such Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Interest Period, (3)&nbsp;third, to the Trustee, an amount equal to the Series <FONT
STYLE="white-space:nowrap">2015-3</FONT> Percentage as of the beginning of such Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Interest Period of the Trustee&#146;s fees for such Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Interest
Period, (4)&nbsp;fourth, to the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Distribution Account to pay any Article VII Costs, (5)&nbsp;fifth, to pay any Carrying Charges (other than Carrying Charges provided for above) to the Persons to
whom such amounts are owed, an amount equal to the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Percentage as of the beginning of such Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Interest Period of such Carrying Charges (other
than Carrying Charges provided for above) for such Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Interest Period, (6)&nbsp;sixth, to the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Reserve Account, an amount equal to the sum of
(x)&nbsp;the Class&nbsp;R Monthly Interest with respect to the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Interest Period ended on the day preceding such Distribution Date and (y)&nbsp;the Class&nbsp;R Monthly Interest Shortfall as of the
immediately preceding Distribution Date, and (7)&nbsp;seventh, the balance, if any (&#147;<U>Excess Collections</U>&#148;), shall be withdrawn by the Paying Agent from the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Collection Account and
deposited in the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Excess Collection Account; and </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:9%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(ii) on each
Distribution Date during the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Rapid Amortization Period, (1)&nbsp;first, to the Trustee, an amount equal to the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Percentage as of the beginning
of such Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Interest Period of the Trustee&#146;s fees for such Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Interest Period, (2)&nbsp;second, to the Administrator, an amount equal to the
Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Percentage as of the beginning of such Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Interest Period of the portion of the Monthly Administration Fee (as specified in clause (iii)&nbsp;of
the definition thereof) payable by ABRCF for such Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Interest Period, (3)&nbsp;third, to the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Distribution Account to pay any Article VII Costs,
(4)&nbsp;fourth, to pay any Carrying Charges (other than Carrying Charges provided for above) to the Persons to whom such amounts are owed, an amount equal to the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Percentage as of the beginning
of such Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Interest Period of such Carrying Charges (other than Carrying Charges provided for above) for such Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Interest Period, (5)&nbsp;fifth,
to the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Reserve Account, an amount equal to the sum of (x)&nbsp;the Class&nbsp;R Monthly Interest with respect to the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Interest Period ended on
the day preceding such Distribution Date and (y)&nbsp;the Class&nbsp;R Monthly Interest Shortfall as of the immediately preceding Distribution Date, and (6)&nbsp;sixth, the balance, if any, shall be treated as Principal Collections. </P>
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 <P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(f) <U>Class A Senior Note Interest and Commitment Fee Shortfalls</U>. If
the amounts described in Section&nbsp;3.3(a), (b) and (d)&nbsp;are insufficient to pay the Class&nbsp;A Senior Monthly Interest and the Commitment Fees of the Purchaser Groups on any Distribution Date, payments of Class&nbsp;A Senior Monthly
Interest to the Class&nbsp;A Noteholders and payments of Commitment Fees to the Purchaser Groups will be reduced on a <U>pro</U> <U>rata</U> basis by the amount of such deficiency. The aggregate amount, if any, of such deficiency on any Distribution
Date, together with the aggregate unpaid amount of any such deficiencies with respect to all prior Distribution Dates, shall be referred to as the &#147;<U>Class</U><U></U><U>&nbsp;A Senior Monthly Interest Shortfall</U>.&#148; Interest shall accrue
on the Class&nbsp;A Senior Monthly Interest Shortfall at the Alternate Base Rate plus 2% per annum. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(g) <U>Contingent
Monthly Funding Costs</U>. On each Determination Date, the Administrator shall instruct the Trustee and the Paying Agent in writing pursuant to the Administration Agreement as to the amount to be withdrawn and paid pursuant to Section&nbsp;3.4 from
the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Reserve Account in respect of (x)&nbsp;first, an amount equal to the aggregate Contingent Monthly Funding Costs with respect to all Purchaser Groups for the Series <FONT
STYLE="white-space:nowrap">2015-3</FONT> Interest Period ending on the day preceding the related Distribution Date and (y)&nbsp;second, the amount of any unpaid Contingent Monthly Funding Costs Shortfall as of the preceding Distribution Date
(together with any accrued interest on such Contingent Monthly Funding Costs Shortfall). On the following Distribution Date, the Trustee shall withdraw the lesser of (x)&nbsp;the amounts described in the first sentence of this Section&nbsp;3.3(g)
and (y)&nbsp;the excess of the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Available Reserve Account Amount (after giving effect to any withdrawals from the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Reserve Account pursuant to
Section&nbsp;3.3(b), 3.5(c)(i) and/or 3.5(d)(i) with respect to such Distribution Date) over the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Required Reserve Account Amount on such Distribution Date, from the Series <FONT
STYLE="white-space:nowrap">2015-3</FONT> Reserve Account and deposit such amount in the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Distribution Account. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(h) <U>Contingent Monthly Funding Costs Shortfalls</U>. If the amounts withdrawn from the Series
<FONT STYLE="white-space:nowrap">2015-3</FONT> Reserve Account pursuant to Section&nbsp;3.3(g) are insufficient to pay the aggregate Contingent Monthly Funding Costs with respect to the Purchaser Groups on any Distribution Date, payments of
Contingent Monthly Funding Costs to the Purchaser Groups will be reduced on a <U>pro</U> <U>rata</U> basis by the amount of such deficiency. The aggregate amount, if any, of such deficiency as of any Distribution Date, together with the aggregate
unpaid amount of any such deficiencies with respect to all prior Distribution Dates, shall be referred to as the &#147;<U>Contingent Monthly Funding Costs Shortfall</U>.&#148; Interest shall accrue on the Contingent Monthly Funding Costs Shortfall
at the Alternate Base Rate plus 2% per annum. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(i) <U>Class R Monthly Interest</U>. On each Determination Date, the
Administrator shall instruct the Trustee and the Paying Agent in writing pursuant to the Administration Agreement as to the amount to be withdrawn and paid pursuant to Section&nbsp;3.4 from the Series <FONT STYLE="white-space:nowrap">2015-3</FONT>
Reserve Account in respect of (x)&nbsp;first, an amount equal to the aggregate </P>
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Class&nbsp;R Monthly Interest for the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Interest Period ending on the day preceding the related Distribution Date and (y)&nbsp;second, the
amount of any unpaid Class&nbsp;R Monthly Interest Shortfall as of the preceding Distribution Date. On the following Distribution Date, the Trustee shall withdraw the lesser of (x)&nbsp;the amounts described in the first sentence of this
Section&nbsp;3.3(i)&nbsp;and (y)&nbsp;the excess of the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Available Reserve Account Amount (after giving effect to any withdrawals from the Series <FONT STYLE="white-space:nowrap">2015-3</FONT>
Reserve Account pursuant to Section&nbsp;3.3(b), 3.3(h), 3.5(c)(i) and/or 3.5(d)(i) with respect to such Distribution Date) over the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Required Reserve Account Amount on such Distribution Date,
from the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Reserve Account and deposit such amount in the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Distribution Account. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(j) <U>Class R Monthly Interest Shortfalls</U>. If the amounts withdrawn from the Series
<FONT STYLE="white-space:nowrap">2015-3</FONT> Reserve Account pursuant to Section&nbsp;3.3(i) are insufficient to pay the Class&nbsp;R Monthly Interest on any Distribution Date, payments of Class&nbsp;R Monthly Interest will be reduced on a
<U>pro</U> <U>rata</U> basis by the amount of such deficiency. The aggregate amount, if any, of such deficiency as of any Distribution Date, together with the aggregate unpaid amount of any such deficiencies with respect to all prior Distribution
Dates, shall be referred to as the &#147;<U>Class</U><U></U><U>&nbsp;R Monthly Interest Shortfall</U>.&#148; No interest shall accrue on the Class&nbsp;R Monthly Interest Shortfall. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;3.4. <U>Payment of Class</U><U></U><U>&nbsp;A Senior Note Interest, Commitment Fees, Contingent Monthly Funding Costs and
Class</U><U></U><U>&nbsp;R Monthly Note Interest</U>. On each Distribution Date, subject to Section&nbsp;9.8 of the Base Indenture, the Paying Agent shall, in accordance with Section&nbsp;6.1 of the Base Indenture, pay from the Series <FONT
STYLE="white-space:nowrap">2015-3</FONT> Distribution Account the following amounts in the following order of priority from amounts deposited in the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Distribution Account pursuant to
Section&nbsp;3.3: </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(i) first, to the Administrative Agent for the accounts of the Purchaser Groups the Class&nbsp;A Senior
Monthly Interest with respect to the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Interest Period ended on the day preceding such Distribution Date, along with any Class&nbsp;A Senior Monthly Interest Shortfall as of the preceding
Distribution Date (together with any accrued interest on such Class&nbsp;A Senior Monthly Interest Shortfall); </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(ii)
second, to the Administrative Agent for the accounts of the Purchaser Groups any accrued and unpaid Commitment Fees; </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(iii)
third, to the Administrative Agent for the accounts of the Purchaser Groups the Contingent Monthly Funding Costs with respect to the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Interest Period ended on the day preceding such Distribution
Date, along with any Contingent Monthly Funding Cost Shortfall as of the preceding Distribution Date (together with any accrued interest on such Contingent Monthly Funding Costs Shortfall); and </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(iv) fourth, to the Class&nbsp;R Noteholders, the Class&nbsp;R Monthly Interest with respect to the Series <FONT
STYLE="white-space:nowrap">2015-3</FONT> Interest Period ended on the day preceding such Distribution Date, along with any Class&nbsp;R Monthly Interest Shortfall as of the preceding Distribution Date. </P>
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 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Upon the receipt of funds from the Paying Agent on each Distribution Date on account of Class&nbsp;A Senior
Monthly Interest, the Administrative Agent shall pay to each <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser and each Funding Agent with respect to a CP Conduit Purchaser Group an amount equal to the Senior Monthly Funding Costs with
respect to its Related Purchaser Group with respect to the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Interest Period ending on the day preceding such Distribution Date <U>plus</U> the amount of any unpaid Class&nbsp;A Senior Monthly
Interest Shortfalls relating to unpaid Class&nbsp;A Senior Monthly Interest payable to such Purchaser Group as of the preceding Distribution Date, together with any interest thereon at the Alternate Base Rate plus 2% per annum. If the amount paid to
the Administrative Agent on any Distribution Date pursuant to this Section&nbsp;3.4 on account of Class&nbsp;A Senior Monthly Interest for the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Interest Period ending on the day preceding such
Distribution Date is less than such Class&nbsp;A Senior Monthly Interest, the Administrative Agent shall pay the amount available to the <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchasers and the Funding Agents, on behalf of the CP
Conduit Purchaser Groups, on a <U>pro</U> <U>rata</U> basis, based on the Senior Monthly Funding Costs with respect to each Related Purchaser Group with respect to such Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Interest Period. Upon the
receipt of funds from the Paying Agent on each Distribution Date on account of Commitment Fees, the Administrative Agent shall pay to each <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser and each Funding Agent with respect to a CP
Conduit Purchaser Group an amount equal to the Commitment Fee payable to its Related Purchaser Group with respect to the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Interest Period ending on the day preceding such Distribution Date
<U>plus</U> the amount of any unpaid Class&nbsp;A Senior Monthly Interest Shortfalls relating to unpaid Commitment Fees payable to such Purchaser Group as of the preceding Distribution Date, together with any interest thereon at the Alternate Base
Rate plus 2% per annum. If the amount paid to the Administrative Agent on any Distribution Date pursuant to this Section&nbsp;3.4 on account of Commitment Fees is less than the Commitment Fees payable on such Distribution Date, the Administrative
Agent shall pay the amount available to the <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchasers and the Funding Agents, on behalf of the CP Conduit Purchaser Groups, on a <U>pro</U> <U>rata</U> basis, based on the Commitment Fee payable
to each Purchaser Group on such Distribution Date. Upon the receipt of funds from the Paying Agent on each Distribution Date on account of Contingent Monthly Funding Costs, the Administrative Agent shall pay to each
<FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser and each Funding Agent with respect to a CP Conduit Purchaser Group an amount equal to the Contingent Monthly Funding Costs with respect to its Related Purchaser Group with respect to the
Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Interest Period ending on the day preceding such Distribution Date <U>plus</U> the amount of any unpaid Contingent Monthly Funding Costs Shortfalls payable to such Purchaser Group as of the
preceding Distribution Date, together with any interest thereon at the Alternate Base Rate plus 2% per annum. If the amount paid to the Administrative Agent on any Distribution Date pursuant to this Section&nbsp;3.4 on account of Contingent Monthly
Funding Costs for the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Interest Period ending on the day preceding such Distribution Date is less than the aggregate Contingent Monthly Funding Costs with respect to the Purchaser Groups for such
Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Interest Period, the Administrative Agent shall pay the amount available to the <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchasers and the Funding Agents, on behalf of the CP Conduit
Purchaser Groups, on a <U>pro</U> <U>rata</U> basis, based on the Contingent Monthly Funding Costs with respect to each Related Purchaser Group with respect to such Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Interest Period. Upon the
receipt of funds from the Trustee or the Paying Agent on any Distribution Date on account of Article VII Costs, the Administrative Agent shall pay such amounts to the <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser owed such amounts
and/or the Funding Agent with respect to the CP Conduit Purchaser or the APA Bank owed such amounts. If the amounts paid to the Administrative Agent on any Distribution Date pursuant to Section&nbsp;3.3(e) on account of Article VII Costs are less
than the Article VII Costs due </P>
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and payable on such Distribution Date, the Administrative Agent shall pay the amounts available to the <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchasers owed such amounts and/or the
Funding Agents with respect to the CP Conduit Purchasers and APA Banks owed such amounts, on a <U>pro</U> <U>rata</U> basis, based on the Article VII Costs owing to such <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchasers, CP Conduit
Purchasers and APA Banks. Due and unpaid Article VII Costs owing to a Purchaser Group shall accrue interest at the Alternate Base Rate <U>plus</U> 2%; <U>provided</U> that Article VII Costs shall not be considered due until the first Distribution
Date following five days&#146; notice to ABRCF and the Administrator of such Article VII Costs. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;3.5. <U>Payment of Note
Principal.</U><U> </U> </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(a) <U>Monthly Payments During Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Controlled Amortization Period
or Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Rapid Amortization Period</U>. Commencing on the second Determination Date during the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Controlled Amortization Period or the first
Determination Date after the commencement of the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Rapid Amortization Period, the Administrator shall instruct the Trustee and the Paying Agent in writing pursuant to the Administration Agreement
and in accordance with this Section&nbsp;3.5 as to (i)&nbsp;the amount allocated to the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Notes during the Related Month pursuant to Section&nbsp;3.2(b)(ii), (c)(ii) or (d)(ii), as the case may be,
and the portion of such amount, if any, that has been previously applied to make a Decrease pursuant to Section&nbsp;2.5 during the Related Month, (ii)&nbsp;any amounts to be withdrawn from the Series <FONT STYLE="white-space:nowrap">2015-3</FONT>
Reserve Account and deposited into the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Distribution Account or (iii)&nbsp;any amounts to be drawn on the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Demand Notes and/or on the
Multi-Series Letters of Credit (or withdrawn from the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Cash Collateral Account). On the Distribution Date following each such Determination Date, the Trustee shall withdraw the amount allocated to
the Series 2015-3 Notes during the Related Month pursuant to Section&nbsp;3.2(b)(ii), (c)(ii) or (d)(ii), as the case may be, less the portion of such amount, if any, that has been previously applied to make a Decrease pursuant to Section&nbsp;2.5
during the Related Month, from the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Collection Account and deposit such amount in the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Distribution Account, to be paid to the holders of the
Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Notes in accordance with Section&nbsp;3.5(e). </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(b) <U>Decreases</U>. On any Business
Day (x)&nbsp;during the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Revolving Period on which a Decrease is to be made pursuant to Section&nbsp;2.5, the Trustee shall withdraw from the Series <FONT STYLE="white-space:nowrap">2015-3</FONT>
Excess Collection Account, or (y)&nbsp;during the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Controlled Amortization Period on which a Decrease is to be made pursuant to Section&nbsp;2.5, the Trustee shall withdraw from the Series <FONT
STYLE="white-space:nowrap">2015-3</FONT> Excess Collection Account and/or the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Collection Account, in each case, in accordance with the written instructions of the Administrator, an amount equal
to the lesser of (i)&nbsp;the amounts specified in clauses (x)&nbsp;and (y) of the first sentence of Section&nbsp;2.5(a) and (ii)&nbsp;the amount of such Decrease, and deposit such amount in the Series <FONT STYLE="white-space:nowrap">2015-3</FONT>
Distribution Account, to be paid to the Administrative Agent for distribution in accordance with Section&nbsp;3.5(f). </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(c) <U>Principal
Deficit Amount</U>. On each Distribution Date on which the Principal Deficit Amount is greater than zero, amounts shall be transferred to the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Distribution Account as follows: </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(i) <U>Reserve Account Withdrawal</U>. The Administrator shall instruct the Trustee in writing, prior to 12:00 noon
(New&nbsp;York City time) on such Distribution Date, in the case </P>
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 <P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:4%; font-size:10pt; font-family:Times New Roman">
of a Principal Deficit Amount resulting from a Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Lease Payment Deficit, or prior to 12:00 noon (New York City time) on the second Business Day
prior to such Distribution Date, in the case of any other Principal Deficit Amount, to withdraw from the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Reserve Account, an amount equal to the lesser of (x)&nbsp;the Series <FONT
STYLE="white-space:nowrap">2015-3</FONT> Available Reserve Account Amount and (y)&nbsp;such Principal Deficit Amount and deposit it in the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Distribution Account on such Distribution Date. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(ii) <U>Principal Draws on Multi-Series Letters of Credit</U>. If the Administrator determines on the Business Day immediately
preceding any Distribution Date during the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Rapid Amortization Period that on such Distribution Date there will exist a Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Lease Principal
Payment Deficit, the Administrator shall instruct the Trustee in writing to draw on the Multi-Series Letters of Credit, if any, as provided below. Upon receipt of a notice by the Trustee from the Administrator in respect of a Series <FONT
STYLE="white-space:nowrap">2015-3</FONT> Lease Principal Payment Deficit on or prior to 3:00 p.m. (New&nbsp;York City time) on the Business Day immediately preceding a Distribution Date, the Trustee shall, by 5:00 p.m. (New&nbsp;York City time) on
such Business Day draw an amount equal to the least of (i)&nbsp;such Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Lease Principal Payment Deficit, (ii)&nbsp;the amount by which the Principal Deficit Amount for such Distribution Date exceeds
the amount to be deposited in the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Distribution Account in accordance with clause (i)&nbsp;of this Section&nbsp;3.5(c) and (iii)&nbsp;the Series <FONT STYLE="white-space:nowrap">2015-3</FONT>
Allocated Multi-Series Letter of Credit Liquidity Amount on the Multi-Series Letters of Credit, by presenting to each Multi-Series Letter of Credit Provider a Certificate of Lease Deficit Demand and shall cause the Lease Deficit Disbursements to be
deposited in the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Distribution Account on such Distribution Date; <U>provided</U>, <U>however</U>, that if the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Cash Collateral Account has
been established and funded, the Trustee shall withdraw from the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Cash Collateral Account and deposit in the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Distribution Account an amount
equal to the lesser of (x)&nbsp;the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Cash Collateral Percentage for such date of the least of the amounts described in clauses (i), (ii) and (iii)&nbsp;above and (y)&nbsp;the Series <FONT
STYLE="white-space:nowrap">2015-3</FONT> Available Cash Collateral Account Amount on such date and draw an amount equal to the remainder of such amount on the Multi-Series Letters of Credit. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(iii) <U>Demand Note Draw</U>. If on any Determination Date, the Administrator determines that the Principal Deficit Amount on
the next succeeding Distribution Date (after giving effect to any withdrawal from the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Reserve Account pursuant to Section&nbsp;3.5(c)(i) on such Distribution Date) will be greater than zero and
there are any Multi-Series Letters of Credit on such date, prior to 10:00 a.m. (New&nbsp;York City time) on the second Business Day prior to such Distribution Date, the Administrator shall instruct the Trustee in writing to deliver a Demand Notice
to the Demand Note Issuers demanding payment of an amount equal to the lesser of (A)&nbsp;the Principal Deficit Amount and (B)&nbsp;the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Allocated Multi-Series Letter of Credit Amount. The Trustee
shall, prior to 12:00 noon (New&nbsp;York City time) on the second Business Day preceding such Distribution Date, deliver such Demand Notice to the Demand Note Issuers; <U>provided</U>, <U>however</U>, that if an Event of Bankruptcy (or the
occurrence of an event described in clause (a)&nbsp;of the definition thereof, without the lapse of a period of 60 consecutive days) with respect to a Demand Note Issuer shall have occurred and be continuing, the Trustee shall not be required to
deliver such Demand Notice to such Demand Note Issuer. The Trustee shall cause the proceeds of any demand on the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Demand Notes to be deposited into the Series
<FONT STYLE="white-space:nowrap">2015-3</FONT> Distribution Account. </P>
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 <P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(iv) <U>Letter of Credit Draw</U>. In the event that either (x)&nbsp;on or
prior to 10:00 a.m. (New&nbsp;York City time) on the Business Day prior to such Distribution Date, any Demand Note Issuer shall have failed to pay to the Trustee or deposit in the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Distribution
Account the amount specified in such Demand Notice in whole or in part or (y)&nbsp;due to the occurrence of an Event of Bankruptcy (or the occurrence of an event described in clause (a)&nbsp;of the definition thereof, without the lapse of a period
of 60 consecutive days) with respect to any Demand Note Issuer, the Trustee shall not have delivered such Demand Notice to any Demand Note Issuer on the second Business Day preceding such Distribution Date, then, in the case of (x)&nbsp;or (y) the
Trustee shall on such Business Day draw on the Multi-Series Letters of Credit an amount equal to the lesser of (i)&nbsp;Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Allocated Multi-Series Letter of Credit Amount and (ii)&nbsp;the aggregate
amount that the Demand Note Issuers failed to pay under the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Demand Notes (or, the amount that the Trustee failed to demand for payment thereunder) by presenting to each Multi-Series Letter of
Credit Provider a Certificate of Unpaid Demand Note Demand; <U>provided</U>, <U>however</U>, that if the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Cash Collateral Account has been established and funded, the Trustee shall withdraw from
the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Cash Collateral Account and deposit in<B> </B>the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Distribution Account an amount equal to the lesser of (x)&nbsp;the Series <FONT
STYLE="white-space:nowrap">2015-3</FONT> Cash Collateral Percentage on such Business Day of the aggregate amount that the Demand Note Issuers failed to pay under the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Demand Notes (or, the amount
that the Trustee failed to demand for payment thereunder) and (y)&nbsp;the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Available Cash Collateral Account Amount on such Business Day and draw an amount equal to the remainder of the aggregate
amount that the Demand Note Issuers failed to pay under the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Demand Notes (or, the amount that the Trustee failed to demand for payment thereunder) on the Multi-Series Letters of Credit. The
Trustee shall deposit into, or cause the deposit of, the applicable portion of the proceeds of any draw on the Multi-Series Letters of Credit related to the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Notes and the proceeds of any
withdrawal from the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Cash Collateral Account to be deposited in the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Distribution Account on such Distribution Date. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(d) <U>Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Termination Date</U>. The entire Class&nbsp;A Invested Amount and the entire
Class&nbsp;R Invested Amount shall be due and payable on the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Termination Date. In connection therewith: </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(i) <U>Reserve Account Withdrawal</U>. If, after giving effect to the deposit into the Series
<FONT STYLE="white-space:nowrap">2015-3</FONT> Distribution Account of the amount to be deposited in accordance with Section&nbsp;3.5(a), together with any amounts to be deposited therein in accordance with Section&nbsp;3.5(c) on the Series <FONT
STYLE="white-space:nowrap">2015-3</FONT> Termination Date, the amount to be deposited in the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Distribution Account with respect to the Series <FONT STYLE="white-space:nowrap">2015-3</FONT>
Termination Date is or will be less than the Class&nbsp;A Invested Amount, then, prior to 12:00 noon (New&nbsp;York City time) on the second Business Day prior to the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Termination Date, the
Administrator shall instruct the Trustee in writing to withdraw from the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Reserve Account, an amount equal to the lesser of the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Available
Reserve Account Amount and such insufficiency and deposit it in the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Distribution Account on the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Termination Date. </P>
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 <P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(ii) <U>Demand Note Draw</U>. If the amount to be deposited in the Series <FONT
STYLE="white-space:nowrap">2015-3</FONT> Distribution Account in accordance with Section&nbsp;3.5(a) together with any amounts to be deposited therein in accordance with Section&nbsp;3.5(c) and Section&nbsp;3.5(d)(i) on the Series <FONT
STYLE="white-space:nowrap">2015-3</FONT> Termination Date is less than the Class&nbsp;A Invested Amount, and there are any Multi-Series Letters of Credit on such date, then, prior to 10:00 a.m. (New&nbsp;York City time) on the second Business Day
prior to the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Termination Date, the Administrator shall instruct the Trustee in writing to make a demand (a &#147;<U>Demand Notice</U>&#148;) substantially in the form attached hereto as
<U>Exhibit G</U> on the Demand Note Issuers for payment under the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Demand Notes in an amount equal to the lesser of (i)&nbsp;such insufficiency and (ii)&nbsp;the Allocated Multi-Series Letter of
Credit Amount. The Trustee shall, prior to 12:00 noon (New&nbsp;York City time) on the second Business Day preceding the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Termination Date, deliver such Demand Notice to the Demand Note Issuers;
<U>provided</U>, <U>however</U>, that if an Event of Bankruptcy (or the occurrence of an event described in clause (a)&nbsp;of the definition thereof, without the lapse of a period of 60 consecutive days) with respect to a Demand Note Issuer shall
have occurred and be continuing, the Trustee shall not be required to deliver such Demand Notice to such Demand Note Issuer. The Trustee shall cause the proceeds of any demand on the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Demand Notes
to be deposited into the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Distribution Account. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(iii) <U>Letter of
Credit Draw</U>. In the event that either (x)&nbsp;on or prior to 10:00 a.m. (New&nbsp;York City time) on the Business Day immediately preceding any Distribution Date next succeeding any date on which a Demand Notice has been transmitted by the
Trustee to the Demand Note Issuers pursuant to clause (ii)&nbsp;of this Section&nbsp;3.5(d) any Demand Note Issuer shall have failed to pay to the Trustee or deposit into the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Distribution Account
the amount specified in such Demand Notice in whole or in part or (y)&nbsp;due to the occurrence of an Event of Bankruptcy (or the occurrence of an event described in clause (a)&nbsp;of the definition thereof, without the lapse of a period of 60
consecutive days) with respect to one or more of the Demand Note Issuers, the Trustee shall not have delivered such Demand Notice to any Demand Note Issuer on the second Business Day preceding the Series
<FONT STYLE="white-space:nowrap">2015-3</FONT> Termination Date, then, in the case of (x)&nbsp;or (y) the Trustee shall draw on the Multi-Series Letters of Credit by 12:00 noon (New&nbsp;York City time) on such Business Day an amount equal to the
lesser of (a)&nbsp;the amount that the Demand Note Issuers failed to pay under the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Demand Notes (or, the amount that the Trustee failed to demand for payment thereunder) and (b)&nbsp;the Series <FONT
STYLE="white-space:nowrap">2015-3</FONT> Allocated Multi-Series Letter of Credit Amount on such Business Day by presenting to each Multi-Series Letter of Credit Provider a Certificate of Unpaid Demand Note Demand; <U>provided</U>, <U>however</U>,<I>
</I>that if the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Cash Collateral Account has been established and funded, the Trustee shall withdraw from the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Cash Collateral Account and
deposit in the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Distribution Account an amount equal to the lesser of (x)&nbsp;the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Cash Collateral Percentage on such Business Day of the
amount that the Demand Note Issuers failed to pay under the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Demand Notes (or, the amount that the Trustee failed to demand for payment thereunder) and (y)&nbsp;the Series <FONT
STYLE="white-space:nowrap">2015-3</FONT> Available Cash Collateral Account Amount on such Business Day and draw an amount equal to the remainder of the amount that the Demand Note Issuers failed to pay under the Series
<FONT STYLE="white-space:nowrap">2015-3</FONT> Demand Notes (or, the amount that the Trustee failed to demand for payment thereunder) on the Multi-Series Letters of Credit. The Trustee shall deposit, or cause the deposit of, the applicable portion
of the proceeds of any draw on the Multi-Series Letters of Credit related to the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Notes and the proceeds of any withdrawal from the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Cash
Collateral Account to be deposited in the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Distribution Account on such Distribution Date. </P>
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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(e) <U>Distribution</U>. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(i) <U>Class A Notes</U>. On each Distribution Date occurring on or after the date a withdrawal is made from the Series <FONT
STYLE="white-space:nowrap">2015-3</FONT> Collection Account pursuant to Section&nbsp;3.5(a) or amounts are deposited in the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Distribution Account pursuant to Section&nbsp;3.5(c) and/or (d), the
Paying Agent shall, in accordance with Section&nbsp;6.1 of the Base Indenture, pay to the Administrative Agent for the accounts of the Purchaser Groups from the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Distribution Account the amount
deposited therein pursuant to Section&nbsp;3.5(a), (c) and/or (d)&nbsp;to the extent necessary to pay the Class&nbsp;A Controlled Distribution Amount with respect to Related Month during the Series <FONT STYLE="white-space:nowrap">2015-3</FONT>
Controlled Amortization Period or to the extent necessary to pay the Class&nbsp;A Invested Amount during the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Rapid Amortization Period. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(ii) <U>Class R Notes</U>. On each Distribution Date occurring on or after the date a withdrawal is made from the Series <FONT
STYLE="white-space:nowrap">2015-3</FONT> Collection Account pursuant to Section&nbsp;3.5(a) and either (x)&nbsp;prior to the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Rapid Amortization Period or (y)&nbsp;after the Class&nbsp;A Invested
Amount has been paid in full, the Paying Agent shall, in accordance with Section&nbsp;6.1 of the Base Indenture, pay <U>pro</U> <U>rata</U> to Class&nbsp;R Noteholders from the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Distribution
Account the amount deposited therein pursuant to Section&nbsp;3.5(a) less the aggregate amount applied to make payments required pursuant to Section&nbsp;3.5(e)(i), to the extent necessary to pay the Class&nbsp;R Controlled Distribution Amount with
respect to Related Month during the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Controlled Amortization Period or to the extent necessary to pay the Class&nbsp;R Invested Amount during the Series
<FONT STYLE="white-space:nowrap">2015-3</FONT> Rapid Amortization Period. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(f) <U>Payment of Funds from Decreases</U>. Upon the receipt of
funds on account of a Decrease from the Trustee, the Administrative Agent shall pay as follows (1)<U>&nbsp;first</U>, such funds will be used to pay to each Funding Agent with respect to a <FONT STYLE="white-space:nowrap">Non-Extending</FONT>
Purchaser Group that is a CP Conduit Purchaser Group and to each <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser that constitutes a <FONT STYLE="white-space:nowrap">Non-Extending</FONT> Purchaser Group that is a <FONT
STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser Group a <U>pro</U> <U>rata</U> amount of the Decrease, based on the Purchaser Group Invested Amounts with respect to such <FONT STYLE="white-space:nowrap">Non-Extending</FONT> Purchaser Group
relative to the Purchaser Group Invested Amounts with respect to all <FONT STYLE="white-space:nowrap">Non-Extending</FONT> Purchaser Groups on the date of such Decrease, (2)<U>&nbsp;second</U>, to each
<FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser and Funding Agent with respect to its Related Purchaser Group, such Purchaser Group&#146;s Pro Rata Share of the remaining amount of such Decrease and (3)<U>&nbsp;third</U>, solely if
such Decrease occurs prior to the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Controlled Amortization Period, any remaining funds will be used to pay to each Committed Note Purchaser a <U>pro</U> <U>rata</U> amount of the Decrease, based
on the Class&nbsp;R Invested Amount with respect to such Committed Note Purchaser. Each CP Conduit Purchaser Group&#146;s share of the amount of any Decrease on any Business Day shall be allocated by such CP Conduit Purchaser Group first to reduce
the Available CP Funding Amount with respect to such CP Conduit Purchaser Group and the Available APA Bank Funding Amount with respect to such CP Conduit Purchaser Group on such Business Day and then to reduce the portion of the Purchaser Group
Invested Amount with respect to such CP Conduit Purchaser Group allocated to </P>
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 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">
CP Tranches and Eurodollar Tranches in such order as such CP Conduit Purchaser Group may select in order to minimize costs payable pursuant to Section&nbsp;7.3. Upon the receipt of funds from the
Trustee pursuant to Sections 3.5(a), (c) and/or (d)&nbsp;on any Distribution Date, the Administrative Agent shall pay to each <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser and each Funding Agent with respect to its Related Purchaser
Group, such Purchaser Group&#146;s Pro Rata Share of such funds. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;3.6. <U>Administrator</U><U>&#146;</U><U>s Failure to
Instruct the Trustee to Make a Deposit or Payment</U>. If the Administrator fails to give notice or instructions to make (i)&nbsp;any payment from or deposit into the Collection Account, (ii)&nbsp;any draw on the Multi-Series Letters of Credit or
(iii)&nbsp;any withdrawals from any Account, in each case required to be given by the Administrator, at the time specified in the Administration Agreement or any other Related Document (including applicable grace periods), the Trustee shall make
such payment or deposit into or from the Collection Account, such draw on the Multi-Series Letters of Credit, or such withdrawal from such Account, in each case without such notice or instruction from the Administrator, <U>provided</U> that the
Administrator, upon request of the Trustee, promptly provides the Trustee with all information necessary to allow the Trustee to make such a payment, deposit, draw or withdrawal. When any payment, deposit, draw or withdrawal hereunder or under any
other Related Document is required to be made by the Trustee or the Paying Agent at or prior to a specified time, the Administrator shall deliver any applicable written instructions with respect thereto reasonably in advance of such specified time.
</P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;3.7. <U>Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Reserve Account</U>. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(a) <U>Establishment of Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Reserve Account</U>. ABRCF shall establish and maintain in the
name of the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Agent for the benefit of the Class&nbsp;A Noteholders, or cause to be established and maintained, an account (the &#147;<U>Series <FONT STYLE="white-space:nowrap">2015-3</FONT>
Reserve Account</U>&#148;), bearing a designation clearly indicating that the funds deposited therein are held for the benefit of the Class&nbsp;A Noteholders. The Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Reserve Account shall be
maintained (i)&nbsp;with a Qualified Institution, or (ii)&nbsp;as a segregated trust account with the corporate trust department of a depository institution or trust company having corporate trust powers and acting as trustee for funds deposited in
the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Reserve Account; <U>provided</U> that, if at any time such Qualified Institution is no longer a Qualified Institution or the credit rating of any securities issued by such depositary
institution or trust company shall be reduced to below <FONT STYLE="white-space:nowrap">&#147;BBB-&#148;</FONT> by Standard&nbsp;&amp; Poor&#146;s, &#147;Baa2&#148; by Moody&#146;s or &#147;BBB (low)&#148; by DBRS, then ABRCF shall, within 30 days
of such reduction, establish a new Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Reserve Account with a new Qualified Institution. If the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Reserve Account is not maintained in accordance
with the previous sentence, ABRCF shall establish a new Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Reserve Account, within ten (10)&nbsp;Business Days after obtaining knowledge of such fact, which complies with such sentence, and shall
instruct the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Agent in writing to transfer all cash and investments from the <FONT STYLE="white-space:nowrap">non-qualifying</FONT> Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Reserve
Account into the new Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Reserve Account. Initially, the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Reserve Account will be established with The Bank of New&nbsp;York Mellon. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(b) <U>Administration of the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Reserve Account</U>. The Administrator may instruct the
institution maintaining the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Reserve Account to invest funds on deposit in the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Reserve Account from time to time in Permitted Investments;
<U>provided</U>, <U>however</U>, that any such investment shall mature not later than the Business Day prior to the Distribution Date following the date on which such funds were received, unless any Permitted
</P>
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Investment held in the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Reserve Account is held with the Paying Agent, then such investment may mature on such Distribution Date and such
funds shall be available for withdrawal on or prior to such Distribution Date. All such Permitted Investments will be credited to the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Reserve Account and any such Permitted Investments that
constitute (i)&nbsp;physical property (and that is not either a United States security entitlement or a security entitlement) shall be physically delivered to the Trustee; (ii)&nbsp;United States security entitlements or security entitlements shall
be controlled (as defined in <FONT STYLE="white-space:nowrap">Section&nbsp;8-106</FONT> of the New&nbsp;York UCC) by the Trustee pending maturity or disposition, and (iii)&nbsp;uncertificated securities (and not United States security entitlements)
shall be delivered to the Trustee by causing the Trustee to become the registered holder of such securities. The Trustee shall, at the expense of ABRCF, take such action as is required to maintain the Trustee&#146;s security interest in the
Permitted Investments credited to the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Reserve Account. ABRCF shall not direct the Trustee to dispose of (or permit the disposal of) any Permitted Investments prior to the maturity thereof to the
extent such disposal would result in a loss of purchase price of such Permitted Investments. In the absence of written investment instructions hereunder, funds on deposit in the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Reserve Account
shall remain uninvested. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(c) <U>Earnings from Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Reserve Account</U>. All interest and
earnings (net of losses and investment expenses) paid on funds on deposit in the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Reserve Account shall be deemed to be on deposit therein and available for distribution. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(d) <U>Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Reserve Account Constitutes Additional Collateral for Class</U><U></U><U>&nbsp;A
Notes</U>. In order to secure and provide for the repayment and payment of the ABRCF Obligations with respect to the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Notes, ABRCF hereby grants a security interest in and assigns, pledges,
grants, transfers and sets over to the Trustee, for the benefit of the Class&nbsp;A Noteholders, all of ABRCF&#146;s right, title and interest in and to the following (whether now or hereafter existing or acquired): (i) the Series <FONT
STYLE="white-space:nowrap">2015-3</FONT> Reserve Account, including any security entitlement thereto; (ii)&nbsp;all funds on deposit therein from time to time; (iii)&nbsp;all certificates and instruments, if any, representing or evidencing any or
all of the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Reserve Account or the funds on deposit therein from time to time; (iv)&nbsp;all investments made at any time and from time to time with monies in the Series <FONT
STYLE="white-space:nowrap">2015-3</FONT> Reserve Account, whether constituting securities, instruments, general intangibles, investment property, financial assets or other property; (v)&nbsp;all interest, dividends, cash, instruments and other
property from time to time received, receivable or otherwise distributed in respect of or in exchange for the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Reserve Account, the funds on deposit therein from time to time or the investments
made with such funds; and (vi)&nbsp;all proceeds of any and all of the foregoing, including, without limitation, cash (the items in the foregoing clauses (i)&nbsp;through (vi) are referred to, collectively, as the &#147;<U>Series <FONT
STYLE="white-space:nowrap">2015-3</FONT> Reserve Account Collateral</U>&#148;). The Trustee shall possess all right, title and interest in and to all funds on deposit from time to time in the Series <FONT STYLE="white-space:nowrap">2015-3</FONT>
Reserve Account and in all proceeds thereof, and shall be the only person authorized to originate entitlement orders in respect of the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Reserve Account. The Series
<FONT STYLE="white-space:nowrap">2015-3</FONT> Reserve Account Collateral shall be under the sole dominion and control of the Trustee for the benefit of the Class&nbsp;A Noteholders. The Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Agent
hereby agrees (i)&nbsp;to act as the securities intermediary (as defined in <FONT STYLE="white-space:nowrap">Section&nbsp;8-102(a)(14)</FONT> of the New&nbsp;York UCC) with respect to the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Reserve
Account; (ii)&nbsp;that its jurisdiction as securities intermediary is New York; (iii)&nbsp;that each item of property (whether investment property, financial asset, security, instrument or cash) credited to the Series
<FONT STYLE="white-space:nowrap">2015-3</FONT> Reserve Account shall be treated as a financial asset (as defined in <FONT STYLE="white-space:nowrap">Section&nbsp;8-102(a)(9)</FONT> of the New&nbsp;York UCC) and (iv)&nbsp;to comply with any
entitlement order (as defined in <FONT STYLE="white-space:nowrap">Section&nbsp;8-102(a)(8)</FONT> of the New&nbsp;York UCC) issued by the Trustee. </P>
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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(e) <U>Preference Amount Withdrawals from the Series
<FONT STYLE="white-space:nowrap">2015-3</FONT> Reserve Account or the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Cash Collateral Account</U>. If a member of a Purchaser Group notifies the Trustee in writing of the existence of a
Preference Amount, then, subject to the satisfaction of the conditions set forth in the next succeeding sentence, on the Business Day on which those conditions are first satisfied, the Trustee shall withdraw from either (x)&nbsp;prior to the
Multi-Series Letter of Credit Termination Date, the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Reserve Account or (y)&nbsp;on or after the Multi-Series Letter of Credit Termination Date, the Series
<FONT STYLE="white-space:nowrap">2015-3</FONT> Cash Collateral Account and pay to the Funding Agent for such member an amount equal to such Preference Amount. Prior to any withdrawal from the Series <FONT STYLE="white-space:nowrap">2015-3</FONT>
Reserve Account or the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Cash Collateral Account pursuant to this Section&nbsp;3.7(e), the Trustee shall have received (i)&nbsp;a certified copy of the order requiring the return of such Preference
Amount; (ii)&nbsp;an opinion of counsel satisfactory to the Trustee that such order is final and not subject to appeal; and (iii)&nbsp;a release as to any claim against ABRCF by the Purchaser Group for any amount paid in respect of such Preference
Amount. On the Business Day after the Multi-Series Letter of Credit Termination Date, the Trustee shall transfer an amount equal to the greater of (A)&nbsp;the excess, if any, of (x)&nbsp;the Series <FONT STYLE="white-space:nowrap">2015-3</FONT>
Available Reserve Account Amount as of such date over (y)&nbsp;the sum of (i)&nbsp;the aggregate Contingent Monthly Funding Costs with respect to all Purchaser Groups for the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Interest Period
ending on the Multi-Series Letter of Credit Termination Date and (ii)&nbsp;without duplication, any Contingent Monthly Funding Costs Shortfall as of such date (together with accrued interest thereon) from the Series
<FONT STYLE="white-space:nowrap">2015-3</FONT> Reserve Account to the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Cash Collateral Account and (B)&nbsp;the lesser of (x)&nbsp;the Series <FONT STYLE="white-space:nowrap">2015-3</FONT>
Available Reserve Account Amount and (y)&nbsp;the excess, if any, of the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Demand Note Payment Amount over the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Available Cash Collateral
Account Amount as of such date (the greater of the amounts in clauses (A)&nbsp;and (B), the &#147;<U>Reserve Account Transfer Amount</U>&#148;). </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(f) <U>Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Reserve Account Surplus</U>. In the event that the
<FONT STYLE="white-space:nowrap">Series&nbsp;2015-3</FONT> Reserve Account Surplus on any Distribution Date, after giving effect to all withdrawals from the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Reserve Account and application
thereof, is greater than zero, the Trustee, acting in accordance with the written instructions of the Administrator pursuant to the Administration Agreement, shall withdraw from the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Reserve
Account an amount equal to the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Reserve Account Surplus and shall pay such amount to ABRCF. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(g) <U>Termination of Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Reserve Account</U>. Upon the termination of the Indenture
pursuant to Section&nbsp;11.1 of the Base Indenture, the Trustee, acting in accordance with the written instructions of the Administrator, after the prior payment of all amounts owing to the Class&nbsp;A Noteholders and payable from the Series <FONT
STYLE="white-space:nowrap">2015-3</FONT> Reserve Account as provided herein, shall withdraw from the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Reserve Account all amounts on deposit therein for payment to ABRCF. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;3.8. <U>Multi-Series Letters of Credit and Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Cash Collateral Account.</U><U>
</U> </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(a) <U>Multi-Series Letters of Credit and Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Cash Collateral Account Constitute
Additional Collateral for Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Notes.</U> In order to secure and provide for the </P>
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repayment and payment of ABRCF&#146;s obligations with respect to the Class&nbsp;A Notes, ABRCF hereby grants a security interest in and assigns, pledges, grants, transfers and sets over to the
Trustee, for the benefit of the Class&nbsp;A Noteholders, all of ABRCF&#146;s right, title and interest in and to the following (whether now or hereafter existing or acquired): (i)&nbsp;each applicable Multi-Series Letter of Credit (except for any
right, title and interest in such Multi-Series Letter of Credit related to supporting another Series of Notes); (ii)&nbsp;the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Cash Collateral Account, including any security entitlement thereto;
(iii)&nbsp;all funds on deposit in the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Cash Collateral Account from time to time; (iv)&nbsp;all certificates and instruments, if any, representing or evidencing any or all of the Series <FONT
STYLE="white-space:nowrap">2015-3</FONT> Cash Collateral Account or the funds on deposit therein from time to time; (v)&nbsp;all investments made at any time and from time to time with monies in the Series
<FONT STYLE="white-space:nowrap">2015-3</FONT> Cash Collateral Account, whether constituting securities, instruments, general intangibles, investment property, financial assets or other property; (vi)&nbsp;all interest, dividends, cash, instruments
and other property from time to time received, receivable or otherwise distributed in respect of or in exchange for the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Cash Collateral Account, the funds on deposit therein from time to time or
the investments made with such funds; and (vii)&nbsp;all proceeds of any and all of the foregoing, including, without limitation, cash (the items in the foregoing clauses (ii)&nbsp;through (vii)&nbsp;are referred to, collectively, as the
&#147;Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Cash Collateral Account Collateral&#148;). The Trustee shall, for the benefit of the Class&nbsp;A Noteholders, possess all right, title and interest in all funds on deposit from time to
time in the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Cash Collateral Account and in<B> </B>all proceeds thereof, and shall be the only person authorized to originate entitlement orders in<B> </B>respect of the Series <FONT
STYLE="white-space:nowrap">2015-3</FONT> Cash Collateral Account. The Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Cash Collateral Account shall be under the sole dominion and control of the Trustee for the benefit of the Class&nbsp;A
Noteholders. The Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Agent hereby agrees (i)&nbsp;to act as the securities intermediary (as defined in <FONT STYLE="white-space:nowrap">Section&nbsp;8-102(a)(14)</FONT> of the New&nbsp;York UCC) with
respect to the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Cash Collateral Account; (ii)&nbsp;that its jurisdiction as securities intermediary is New York; (iii)&nbsp;that each item of property (whether investment property, financial
asset, security, instrument or cash) credited to the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Cash Collateral Account shall be treated as a financial asset (as defined in <FONT STYLE="white-space:nowrap">Section&nbsp;8-102(a)(9)</FONT>
of the New&nbsp;York UCC) and (iv)&nbsp;to comply with any entitlement order (as defined in <FONT STYLE="white-space:nowrap">Section&nbsp;8-102(a)(8)</FONT> of the New&nbsp;York UCC) issued by the Trustee. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(b) <U>Multi-Series Letter of Credit Expiration Date</U>. If prior to the date which is ten (10)&nbsp;days prior to the then scheduled
Multi-Series Letter of Credit Expiration Date with respect to any Multi-Series Letter of Credit, excluding the amount allocated to the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Notes and available to be drawn under such Multi-Series
Letter of Credit but taking into account the amount allocated to the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Notes under each substitute Multi-Series Letter of Credit which has been obtained from a Series
<FONT STYLE="white-space:nowrap">2015-3</FONT> Eligible Letter of Credit Provider and is in full force and effect on such date, the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Enhancement Amount would be equal to or more than the Series <FONT
STYLE="white-space:nowrap">2015-3</FONT> Required Enhancement Amount and the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Liquidity Amount would be equal to or greater than the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Required
Liquidity Amount, then the Administrator shall notify the Trustee in writing no later than two Business Days prior to such Multi-Series Letter of Credit Expiration Date of such determination. If prior to the date which is ten (10)&nbsp;days prior to
the then scheduled Multi-Series Letter of Credit Expiration Date with respect to any Multi-Series Letter of Credit, excluding the amount allocated to the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Notes and available to be drawn under
such Multi-Series Letter of Credit but taking into account the amount allocated to the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Notes under each substitute Multi-Series Letter of Credit which has been obtained from a Series <FONT
STYLE="white-space:nowrap">2015-3</FONT> Eligible Letter of Credit Provider and is in full force and effect on such date, the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Enhancement Amount would be less than the Series <FONT
STYLE="white-space:nowrap">2015-3</FONT> Required </P>
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Enhancement Amount or the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Liquidity Amount would be less than the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Required Liquidity
Amount, then the Administrator shall notify the Trustee in writing no later than two Business Days prior to such Multi-Series Letter of Credit Expiration Date of (x)&nbsp;the greater of (A)&nbsp;the excess, if any, of the Series <FONT
STYLE="white-space:nowrap">2015-3</FONT> Required Enhancement Amount over the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Enhancement Amount, excluding the amount allocated to the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Notes
and available amount under such expiring Multi-Series Letter of Credit but taking into account the amount allocated to the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Notes under any substitute Multi-Series Letter of Credit which has been
obtained from a Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Eligible Letter of Credit Provider and is in full force and effect, on such date, and (B)&nbsp;the excess, if any, of the Series <FONT STYLE="white-space:nowrap">2015-3</FONT>
Required Liquidity Amount over the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Liquidity Amount, excluding the amount allocated to the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Notes and available amount under such expiring
Multi-Series Letter of Credit but taking into account the amount allocated to the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Notes under any substitute Multi-Series Letter of Credit which has been obtained from a Series <FONT
STYLE="white-space:nowrap">2015-3</FONT> Eligible Letter of Credit Provider and is in full force and effect, on such date, and (y)&nbsp;the amount allocated to the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Notes and available to be drawn
on such expiring Multi-Series Letter of Credit on such date. Upon receipt of such notice by the Trustee on or prior to 10:00 a.m. (New&nbsp;York City time) on any Business Day, the Trustee shall, by 12:00 noon (New&nbsp;York City time) on such
Business Day (or, in the case of any notice given to the Trustee after 10:00 a.m. (New&nbsp;York City time), by 12:00 noon (New&nbsp;York City time) on the next following Business Day), draw the lesser of the amounts set forth in clauses
(x)&nbsp;and (y) above on such expiring Multi-Series Letter of Credit by presenting a Certificate of Termination Demand and shall cause the Termination Disbursement to be deposited in the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Cash
Collateral Account. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">If the Trustee does not receive the notice from the Administrator described in the first paragraph of this
Section&nbsp;3.8(b) on or prior to the date that is two Business Days prior to each Multi-Series Letter of Credit Expiration Date, the Trustee shall, by 12:00 noon (New&nbsp;York City time) on such Business Day draw the full amount allocated to the
Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Notes under such Multi-Series Letter of Credit by presenting a Certificate of Termination Demand and shall cause the Termination Disbursement to be deposited in the Series <FONT
STYLE="white-space:nowrap">2015-3</FONT> Cash Collateral Account. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(c) <U>Multi-Series Letter of Credit Providers</U>. The Administrator
shall notify the Trustee in writing within one Business Day of becoming aware that the long-term senior unsecured debt rating of any Multi-Series Letter of Credit Provider has fallen below &#147;BBB&#148; as determined by DBRS (or, if such
Multi-Series Letter of Credit Provider was not rated by DBRS at the time of issuance of the related Multi-Series Letter of Credit, if (x)&nbsp;the long-term senior unsecured debt rating of such Multi-Series Letter of Credit Provider has fallen below
&#147;Baa2&#148; as determined by Moody&#146;s and (y)&nbsp;the long-term senior unsecured debt rating of such Multi-Series Letter of Credit Provider has fallen below &#147;BBB&#148; as determined by Standard&nbsp;&amp; Poor&#146;s). At such time
the Administrator shall also notify the Trustee of (i)&nbsp;the greater of (A)&nbsp;the excess, if any, of the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Required Enhancement Amount over the Series
<FONT STYLE="white-space:nowrap">2015-3</FONT> Enhancement Amount, excluding the amount allocated to the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Notes and available under such Multi-Series Letter of Credit issued by such Multi-Series
Letter of Credit Provider, on such date, and (B)&nbsp;the excess, if any, of the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Required Liquidity Amount over the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Liquidity Amount,
excluding the amount allocated to the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Notes and available under such Multi-Series Letter of Credit, on such date, and (ii)&nbsp;the amount allocated to the Series
<FONT STYLE="white-space:nowrap">2015-3</FONT> Notes and available to be drawn on such Multi-Series Letter of Credit on such date. Upon receipt of such notice by the Trustee on or prior to 10:00 a.m. (New&nbsp;York City time) on any Business Day,
the </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">83 </P>

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Trustee shall, by 12:00 noon (New&nbsp;York City time) on such Business Day (or, in the case of any notice given to the Trustee after 10:00 a.m. (New&nbsp;York City time), by 12:00 noon
(New&nbsp;York City time) on the next following Business Day), draw on such Multi-Series Letter of Credit in an amount equal to the lesser of the amounts in clause (i)&nbsp;and clause (ii)&nbsp;of the immediately preceding sentence on such Business
Day by presenting a Certificate of Termination Demand and shall cause the Termination Disbursement to be deposited in the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Cash Collateral Account. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(d) <U>Draws on the Multi-Series Letter of Credit</U>. If there is more than one Multi-Series Letter of Credit on the date of any draw on the
Multi-Series Letters of Credit pursuant to the terms of this Supplement, the Administrator shall instruct the Trustee, in writing, to draw on each Multi-Series Letter of Credit in an amount equal to the LOC Pro Rata Share of the Multi-Series Letter
of Credit Provider issuing such Multi-Series Letter of Credit of the amount of such draw on the Multi-Series Letters of Credit. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(e)
<U>Establishment of Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Cash Collateral Account</U>. On or prior to the date of any drawing under a Multi-Series Letter of Credit pursuant to Section&nbsp;3.8(b) or (c)&nbsp;above, ABRCF shall
establish and maintain in the name of the Trustee for the benefit of the Class&nbsp;A Noteholders, or cause to be established and maintained, an account (the &#147;<U>Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Cash Collateral
Account</U>&#148;), bearing a designation clearly indicating that the funds deposited therein are held for the benefit of the Class&nbsp;A Noteholders. The Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Cash Collateral Account shall be
maintained (i)&nbsp;with a Qualified Institution, or (ii)&nbsp;as a segregated trust account with the corporate trust department of a depository institution or trust company having corporate trust powers and acting as trustee for funds deposited in
the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Cash Collateral Account; <U>provided</U> that, if at any time such Qualified Institution is no longer a Qualified Institution or the credit rating of any securities issued by such depository
institution or trust company shall be reduced to below <FONT STYLE="white-space:nowrap">&#147;BBB-&#148;</FONT> by Standard&nbsp;&amp; Poor&#146;s, &#147;Baa3&#148; by Moody&#146;s or &#147;BBB (low)&#148; by DBRS, then ABRCF shall, within 30 days
of such reduction, establish a new Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Cash Collateral Account with a new Qualified Institution or a new segregated trust account with the corporate trust department of a depository institution or
trust company having corporate trust powers and acting as trustee for funds deposited in the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Cash Collateral Account. If a new Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Cash
Collateral Account is established, ABRCF shall instruct the Trustee in writing to transfer all cash and investments from the <FONT STYLE="white-space:nowrap">non-qualifying</FONT> Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Cash Collateral
Account into the new Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Cash Collateral Account. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(f) <U>Administration of the Series <FONT
STYLE="white-space:nowrap">2015-3</FONT> Cash Collateral Account</U>. ABRCF may instruct (by standing instructions or otherwise) the institution maintaining the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Cash Collateral Account to invest
funds on deposit in the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Cash Collateral Account from time to time in Permitted Investments; <U>provided</U>, <U>however</U>, that any such investment shall mature not later than the Business Day
prior to the Distribution Date following the date on which such funds were received, unless any Permitted Investment held in the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Cash Collateral Account is held with the Paying Agent, in<B>
</B>which case such investment may mature on such Distribution Date so long as such funds shall be available for withdrawal on or prior to such Distribution Date. All such Permitted Investments will be credited to the Series <FONT
STYLE="white-space:nowrap">2015-3</FONT> Cash Collateral Account and any such Permitted Investments that constitute (i)&nbsp;physical property (and that is not either a United States security entitlement or a security entitlement) shall be
physically delivered to the Trustee; (ii)&nbsp;United States security entitlements or security entitlements shall be controlled (as defined in <FONT STYLE="white-space:nowrap">Section&nbsp;8-106</FONT> of the New&nbsp;York UCC) by the Trustee
pending maturity </P>
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or disposition, and (iii)&nbsp;uncertificated securities (and not United States security entitlements) shall be delivered to the Trustee by causing the Trustee to become the registered holder of
such securities. The Trustee shall, at the expense of ABRCF, take such action as is required to maintain the Trustee&#146;s security interest in the Permitted Investments credited to the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Cash
Collateral Account. ABRCF shall not direct the Trustee to dispose of (or permit the disposal of) any Permitted Investments prior to the maturity thereof to the extent such disposal would result in<B> </B>a loss of the purchase price of such
Permitted Investment. In the absence of written investment instructions hereunder, funds on deposit in the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Cash Collateral Account shall remain uninvested. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(g) <U>Earnings from Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Cash Collateral Account</U>. All interest and earnings (net of
losses and investment expenses) paid on funds on deposit in the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Cash Collateral Account shall be deemed to be on deposit therein and available for distribution. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(h) <U>Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Cash Collateral Account Surplus</U>. In the event that the Series <FONT
STYLE="white-space:nowrap">2015-3</FONT> Cash Collateral Account Surplus on any Distribution Date (or, after the Multi-Series Letter of Credit Termination Date, on any date) is greater than zero, the Trustee, acting in accordance with the written
instructions of the Administrator, shall withdraw from the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Cash Collateral Account an amount equal to the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Cash Collateral Account Surplus and
shall pay such amount: <U>first</U>, to the Multi-Series Letter of Credit Providers to the extent of any unreimbursed drawings under the related Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Reimbursement Agreement, for application in
accordance with the provisions of the related Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Reimbursement Agreement, <U>second</U>, to the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Reserve Account to the extent necessary to pay
any Contingent Monthly Funding Costs Shortfall (together with accrued interest thereon) and, <U>third</U>, to ABRCF any remaining amount. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(i) <U>Termination of Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Cash Collateral Account</U>. Upon the termination of this
Supplement in accordance with its terms, the Trustee, acting in accordance with the written instructions of the Administrator, after the prior payment of all amounts owing to the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Noteholders and
payable from the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Cash Collateral Account as provided herein, shall withdraw from the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Cash Collateral Account all amounts on deposit therein
(to the extent not withdrawn pursuant to Section&nbsp;3.8(h) above) and shall pay such amounts: <U>first</U>, to the Multi-Series Letter of Credit Providers to the extent of any unreimbursed drawings under the related Series <FONT
STYLE="white-space:nowrap">2015-3</FONT> Reimbursement Agreement, for application in accordance with the provisions of the related Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Reimbursement Agreement, and, <U>second</U>, to ABRCF any
remaining amount. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(j) <U>Termination Date Demands on the Multi-Series Letters of Credit</U>. Prior to 10:00 a.m. (New&nbsp;York City
time) on the Business Day immediately succeeding the Multi-Series Letter of Credit Termination Date, the Administrator shall determine the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Demand Note Payment Amount as of the Multi-Series Letter
of Credit Termination Date. If the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Demand Note Payment Amount is greater than zero, then the Administrator shall instruct the Trustee in writing to draw on the Multi-Series Letters of Credit.
Upon receipt of any such notice by the Trustee on or prior to 11:00 a.m. (New&nbsp;York City time) on a Business Day, the Trustee shall, by 12:00 noon (New&nbsp;York City time) on such Business Day draw an amount equal to the lesser of (i)&nbsp;the
excess of the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Demand Note Payment Amount over the Reserve Account Transfer Amount and (ii)&nbsp;the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Allocated Multi-Series Letter of Credit
</P>
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Liquidity Amount on the Multi-Series Letter of Credit by presenting to each Multi-Series Letter of Credit Provider a Certificate of Termination Date Demand; <U>provided</U>, <U>however</U>, that
if the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Cash Collateral Account has been established and funded, the Trustee shall draw an amount equal to the product of (a) 100% minus the Series <FONT STYLE="white-space:nowrap">2015-3</FONT>
Cash Collateral Percentage and (b)&nbsp;the lesser of the amounts referred to in clause (i)&nbsp;or (ii) on such Business Day on the Multi-Series Letter of Credit as calculated by the Administrator and provided in writing to the Trustee. The Trustee
shall cause the Termination Date Disbursement to be deposited in the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Cash Collateral Account. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;3.9. <U>Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Distribution Account.</U> </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(a) <U>Establishment of Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Distribution Account</U>. The Trustee shall establish and
maintain in the name of the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Agent for the benefit of the <FONT STYLE="white-space:nowrap">Series&nbsp;2015-3</FONT> Noteholders, or cause to be established and maintained, an account (the
&#147;<U>Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Distribution Account</U>&#148;), bearing a designation clearly indicating that the funds deposited therein are held for the benefit of the Series
<FONT STYLE="white-space:nowrap">2015-3</FONT> Noteholders. The Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Distribution Account shall be maintained (i)&nbsp;with a Qualified Institution, or (ii)&nbsp;as a segregated trust account with the
corporate trust department of a depository institution or trust company having corporate trust powers and acting as trustee for funds deposited in the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Distribution Account; <U>provided</U> that,
if at any time such Qualified Institution is no longer a Qualified Institution or the credit rating of any securities issued by such depositary institution or trust company shall be reduced to below
<FONT STYLE="white-space:nowrap">&#147;BBB-&#148;</FONT> by Standard&nbsp;&amp; Poor&#146;s, &#147;Baa3&#148; by Moody&#146;s or &#147;BBB (low)&#148; by DBRS, then ABRCF shall, within 30 days of such reduction, establish a new Series <FONT
STYLE="white-space:nowrap">2015-3</FONT> Distribution Account with a new Qualified Institution. If the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Distribution Account is not maintained in accordance with the previous sentence, ABRCF shall
establish a new Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Distribution Account, within ten (10)&nbsp;Business Days after obtaining knowledge of such fact, which complies with such sentence, and shall instruct the <FONT
STYLE="white-space:nowrap">Series&nbsp;2015-3</FONT> Agent in writing to transfer all cash and investments from the <FONT STYLE="white-space:nowrap">non-qualifying</FONT> <FONT STYLE="white-space:nowrap">Series&nbsp;2015-3</FONT> Distribution
Account into the new Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Distribution Account. Initially, the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Distribution Account will be established with The Bank of New&nbsp;York Mellon.
</P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(b) <U>Administration of the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Distribution Account</U>. The Administrator may
instruct the institution maintaining the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Distribution Account to invest funds on deposit in the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Distribution Account from time to time in
Permitted Investments; <U>provided</U>, <U>however</U>, that any such investment shall mature not later than the Business Day prior to the Distribution Date following the date on which such funds were received, unless any Permitted Investment held
in the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Distribution Account is held with the Paying Agent, then such investment may mature on such Distribution Date and such funds shall be available for withdrawal on or prior to such
Distribution Date. All such Permitted Investments will be credited to the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Distribution Account and any such Permitted Investments that constitute (i)&nbsp;physical property (and that is not
either a United States security entitlement or a security entitlement) shall be physically delivered to the Trustee; (ii)&nbsp;United States security entitlements or security entitlements shall be controlled (as defined in <FONT
STYLE="white-space:nowrap">Section&nbsp;8-106</FONT> of the New&nbsp;York UCC) by the Trustee pending maturity or disposition, and (iii)&nbsp;uncertificated securities (and not United States security entitlements) shall be delivered to the Trustee
by causing the Trustee to become the registered holder of such securities. The Trustee shall, at the expense of ABRCF, take such action as is required to maintain the Trustee&#146;s security interest in the Permitted
</P>
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Investments credited to the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Distribution Account. ABRCF shall not direct the Trustee to dispose of (or permit the disposal of) any Permitted
Investments prior to the maturity thereof to the extent such disposal would result in a loss of purchase price of such Permitted Investments. In the absence of written investment instructions hereunder, funds on deposit in the Series <FONT
STYLE="white-space:nowrap">2015-3</FONT> Distribution Account shall remain uninvested. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(c) <U>Earnings from Series <FONT
STYLE="white-space:nowrap">2015-3</FONT> Distribution Account</U>. All interest and earnings (net of losses and investment expenses) paid on funds on deposit in the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Distribution Account shall be
deemed to be on deposit and available for distribution. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(d) <U>Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Distribution Account
Constitutes Additional Collateral for Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Notes</U>. In order to secure and provide for the repayment and payment of the ABRCF Obligations with respect to the Series
<FONT STYLE="white-space:nowrap">2015-3</FONT> Notes, ABRCF hereby grants a security interest in and assigns, pledges, grants, transfers and sets over to the Trustee, for the benefit of the Series <FONT STYLE="white-space:nowrap">2015-3</FONT>
Noteholders, all of ABRCF&#146;s right, title and interest in and to the following (whether now or hereafter existing or acquired): (i) the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Distribution Account, including any security
entitlement thereto; (ii)&nbsp;all funds on deposit therein from time to time; (iii)&nbsp;all certificates and instruments, if any, representing or evidencing any or all of the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Distribution
Account or the funds on deposit therein from time to time; (iv)&nbsp;all investments made at any time and from time to time with monies in the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Distribution Account, whether constituting
securities, instruments, general intangibles, investment property, financial assets or other property; (v)&nbsp;all interest, dividends, cash, instruments and other property from time to time received, receivable or otherwise distributed in respect
of or in exchange for the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Distribution Account, the funds on deposit therein from time to time or the investments made with such funds; and (vi)&nbsp;all proceeds of any and all of the foregoing,
including, without limitation, cash (the items in the foregoing clauses (i)&nbsp;through (vi) are referred to, collectively, as the &#147;<U>Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Distribution Account Collateral</U>&#148;). The
Trustee shall possess all right, title and interest in all funds on deposit from time to time in the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Distribution Account and in and to all proceeds thereof, and shall be the only person
authorized to originate entitlement orders in respect of the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Distribution Account. The Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Distribution Account Collateral shall be under the
sole dominion and control of the Trustee for the benefit of the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Noteholders. The Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Agent hereby agrees (i)&nbsp;to act as the securities
intermediary (as defined in <FONT STYLE="white-space:nowrap">Section&nbsp;8-102(a)(14)</FONT> of the New&nbsp;York UCC) with respect to the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Distribution Account; (ii)&nbsp;that its jurisdiction
as securities intermediary is New York; (iii)&nbsp;that each item of property (whether investment property, financial asset, security, instrument or cash) credited to the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Distribution Account
shall be treated as a financial asset (as defined in <FONT STYLE="white-space:nowrap">Section&nbsp;8-102(a)(9)</FONT> of the New&nbsp;York UCC) and (iv)&nbsp;to comply with any entitlement order (as defined in
<FONT STYLE="white-space:nowrap">Section&nbsp;8-102(a)(8)</FONT> of the New&nbsp;York UCC) issued by the Trustee. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;3.10.
<U>Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Demand Notes Constitute Additional Collateral for Class</U><U></U><U>&nbsp;A Notes</U>. In order to secure and provide for the repayment and payment of the obligations with respect to the
Class&nbsp;A Notes, ABRCF hereby grants a security interest in and assigns, pledges, grants, transfers and sets over to the Trustee, for the benefit of the Class&nbsp;A Noteholders, all of ABRCF&#146;s right, title and interest in and to the
following (whether now or hereafter existing or acquired): (i)&nbsp;the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Demand Notes; (ii)&nbsp;all certificates and instruments, if any, representing or evidencing the Series <FONT
STYLE="white-space:nowrap">2015-3</FONT> Demand Notes; and (iii)&nbsp;all proceeds of any and all of the foregoing, including, without limitation, cash. On the date hereof, ABRCF shall deliver to the Trustee, for the benefit of the Series <FONT
STYLE="white-space:nowrap">2015-3</FONT> Noteholders, each Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Demand Note, endorsed in blank. The Trustee, for the benefit of the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Noteholders,
shall be the only Person authorized to make a demand for payments on the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Demand Notes. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">87 </P>

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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;3.11. <U>Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Interest Rate
Caps</U>. (a)&nbsp;On or prior to the A&amp;R Effective Date, ABRCF shall acquire one or more interest rate caps (each a &#147;<U>Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Interest Rate Cap</U>&#148;) from a Qualified Interest Rate Cap
Counterparty. On the A&amp;R Effective Date, the aggregate notional amount of all Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Interest Rate Caps shall equal the Class&nbsp;A Maximum Invested Amount, and the aggregate notional amount of all
Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Interest Rate Caps may be reduced pursuant to the related Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Interest Rate Cap to the extent that the Class&nbsp;A Maximum Invested Amount is
reduced after the A&amp;R Effective Date. ABRCF shall acquire one or more additional Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Interest Rate Caps in connection with any increase of the Class&nbsp;A Maximum Invested Amount such that the
aggregate notional amounts of all Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Interest Rate Caps shall equal the Class&nbsp;A Maximum Invested Amount after giving effect to such increase. The strike rate of each Series <FONT
STYLE="white-space:nowrap">2015-3</FONT> Interest Rate Cap shall not be greater than 4.00%. The Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Interest Rate Caps shall extend to at least the Series
<FONT STYLE="white-space:nowrap">2015-3</FONT> Termination Date. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(b) If, at any time, an Interest Rate Cap Counterparty is not a
Qualified Interest Rate Cap Counterparty, then ABRCF shall cause the Interest Rate Cap Counterparty within 30 Business Days following such occurrence, at the Interest Rate Cap Counterparty&#146;s expense, to do one of the following (the choice of
such action to be determined by the Interest Rate Cap Counterparty)&nbsp;(i) obtain a replacement interest rate cap on the same terms as the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Interest Rate Cap from a Qualified Interest Rate Cap
Counterparty and simultaneously with such replacement ABRCF shall terminate the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Interest Rate Cap being replaced, (ii)&nbsp;obtain a guaranty from, or contingent agreement of, another person who
qualifies as a Qualified Interest Rate Cap Counterparty to honor the Interest Rate Cap Counterparty&#146;s obligations under the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Interest Rate Cap in form and substance satisfactory to the
Administrative Agent or (iii)&nbsp;post and maintain collateral satisfactory to the Administrative Agent; <U>provided</U> that no termination of the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Interest Rate Cap shall occur until ABRCF has
entered into a replacement Interest Rate Cap. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(c) To secure payment of all obligations to the Class&nbsp;A Noteholders, ABRCF grants a
security interest in, and assigns, pledges, grants, transfers and sets over to the Trustee, for the benefit of the Class&nbsp;A Noteholders, all of ABRCF&#146;s right, title and interest in the Series <FONT STYLE="white-space:nowrap">2015-3</FONT>
Interest Rate Caps and all proceeds thereof (the &#147;<U>Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Interest Rate Cap Collateral</U>&#148;). ABRCF shall require all Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Interest Rate Cap
Proceeds to be paid to, and the Trustee shall allocate all Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Interest Rate Cap Proceeds to, the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Accrued Interest Account of the Series <FONT
STYLE="white-space:nowrap">2015-3</FONT> Collection Account. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;3.12. <U>Payments to Funding Agents, Purchaser Groups</U><U> or
Committed Note Purchasers</U>. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(a) Notwithstanding anything to the contrary herein or in the Base Indenture, amounts distributable by
ABRCF, the Trustee, the Paying Agent or the Administrative Agent to a <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser or a Funding Agent for the account of its Related Purchaser Group (or amounts distributable by any such Person
directly to such Purchaser Group) shall be paid by wire </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">88 </P>

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transfer of immediately available funds no later than 3:00 p.m. (New&nbsp;York time) for credit to the account or accounts designated by such <FONT STYLE="white-space:nowrap">Non-Conduit</FONT>
Purchaser or Funding Agent. Notwithstanding the foregoing, the Administrative Agent shall not be so obligated unless the Administrative Agent shall have received the funds by 12:00 noon (New&nbsp;York City time). </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(b) All amounts payable to the Committed Note Purchaser hereunder or with respect to the Class&nbsp;R Notes on any date shall be made to the
Committed Note Purchaser (or upon the order of the Committed Note Purchaser) in accordance with this Section&nbsp;3.12, provided that: </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(i) if (A)&nbsp;the Committed Note Purchaser receives funds payable to it hereunder later than 3:00 p.m. (New&nbsp;York time)
on any date and (B)&nbsp;prior to the later of the next succeeding Determination Date and thirty (30)&nbsp;days after the date on which the Committed Note Purchaser received such funds, the Class&nbsp;R Note Purchaser notifies ABRCF in writing of
such late receipt, then such funds received later than 3:00 p.m. (New&nbsp;York time) on such date by the Committed Note Purchaser will be deemed to have been received by the Committed Note Purchaser on the next Business Day and any interest
accruing with respect to the payment of such funds on such next Business Day shall not be payable until the Payment Date immediately following the later of such two dates specified in this clause (B); and </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(ii) if (A)&nbsp;the Committed Note Purchaser receives funds payable to it hereunder later than 3:00 p.m. (New&nbsp;York time)
on any date and (B)&nbsp;prior to the later of the next succeeding Determination Date and thirty (30)&nbsp;days after the date on which the Committed Note Purchaser received such funds, the Committed Note Purchaser does not notify ABRCF in writing
of such receipt, then such funds, received later than 3:00 p.m. (New&nbsp;York time) on such date will be treated for all purposes hereunder as received on such date. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;3.13. <U>Subordination of the Class</U><U></U><U>&nbsp;R Notes</U>. Notwithstanding anything to the contrary contained in this
Supplement, the Base Indenture or in any other Related Document, the Class&nbsp;R Notes will be subordinate in all respects to the Class&nbsp;A Notes as and to the extent set forth in this Section&nbsp;3.13. No payments on account of principal shall
be made with respect to the Class&nbsp;R Notes on any Distribution Date during the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Controlled Amortization Period unless an amount equal to the Class&nbsp;A Controlled Distribution Amount for the
Related Month shall have been paid to the Class&nbsp;A Noteholders and no payments on account of principal shall be made with respect to the Class&nbsp;R Notes during the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Rapid Amortization
Period or on the final Distribution Date until the Class&nbsp;A Notes have been paid in full. No payments on account of interest shall be made with respect to the Class&nbsp;R Notes on any Distribution Date until all payments of interest and
principal and other fees due and payable on such Distribution Date with respect to the Class&nbsp;A Notes have been paid in full. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">89 </P>

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 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>ARTICLE IV </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>AMORTIZATION EVENTS </B></P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">In
addition to the Amortization Events set forth in Section&nbsp;9.1 of the Base Indenture, any of the following shall be an Amortization Event with respect to the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Notes and collectively shall
constitute the Amortization Events set forth in Section&nbsp;9.1(n) of the Base Indenture with respect to the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Notes (without notice or other action on the part of the Trustee or any holders of
the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Notes): </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(a) a Series
<FONT STYLE="white-space:nowrap">2015-3</FONT> Enhancement Deficiency shall occur and continue for at least two (2)&nbsp;Business Days; <U>provided</U>, <U>however</U>, that such event or condition shall not be an Amortization Event if during such
two (2)&nbsp;Business Day period such Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Enhancement Deficiency shall have been cured in accordance with the terms and conditions of the Indenture and the Related Documents; </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(b) either the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Liquidity Amount shall be less than the Series <FONT
STYLE="white-space:nowrap">2015-3</FONT> Required Liquidity Amount or the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Available Reserve Account Amount shall be less than the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Required
Reserve Account Amount for at least two (2)&nbsp;Business Days; <U>provided</U>, <U>however</U>, that such event or condition shall not be an Amortization Event if during such two (2)&nbsp;Business Day period such insufficiency shall have been cured
in accordance with the terms and conditions of the Indenture and the Related Documents; </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(c) an AESOP I Operating Lease
Vehicle Deficiency shall occur and continue for at least two (2)&nbsp;Business Days; </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(d) the Collection Account, the
Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Collection Account, the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Excess Collection Account or the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Reserve Account shall be
subject to an injunction, estoppel or other stay or a Lien (other than Liens permitted under the Related Documents); </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(e)
all principal of and interest on the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Notes is not paid on the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Expected Final Distribution Date; </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(f) any Multi-Series Letter of Credit shall not be in full force and effect for at least two (2)&nbsp;Business Days and
(x)&nbsp;either a Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Enhancement Deficiency would result from excluding the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Applicable Multi-Series L/C Amount attributable to such Multi-Series
Letter of Credit from the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Enhancement Amount or (y)&nbsp;the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Liquidity Amount, excluding therefrom the Series
<FONT STYLE="white-space:nowrap">2015-3</FONT> Applicable Multi-Series L/C Amount attributable to such Multi-Series Letter of Credit, would be less than the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Required Liquidity Amount; </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(g) from and after the funding of the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Cash Collateral Account, the Series
<FONT STYLE="white-space:nowrap">2015-3</FONT> Cash Collateral Account shall be subject to an injunction, estoppel or other stay or a Lien (other than Liens permitted under the Related Documents) for at least two (2)&nbsp;Business Days and either
(x)&nbsp;a Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Enhancement Deficiency would result from excluding the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Available Cash Collateral Account Amount from the Series <FONT
STYLE="white-space:nowrap">2015-3</FONT> Enhancement Amount or (y)&nbsp;the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Liquidity Amount, excluding therefrom the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Available Cash
Collateral Amount, would be less than the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Required Liquidity Amount; </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(h) an Event of Bankruptcy shall have occurred with respect to any Multi-Series Letter of Credit Provider or any Multi-Series
Letter of Credit Provider repudiates the Multi-Series </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">90 </P>

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 <P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:4%; font-size:10pt; font-family:Times New Roman">
Letter of Credit or refuses to honor a proper draw thereon and either (x)&nbsp;a Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Enhancement Deficiency would result from excluding the
Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Applicable Multi-Series L/C Amount attributable to such Multi-Series Letter of Credit from the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Enhancement Amount or (y)&nbsp;the Series <FONT
STYLE="white-space:nowrap">2015-3</FONT> Liquidity Amount, excluding therefrom the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Applicable Multi-Series L/C Amount attributable to such Multi-Series Letter of Credit, would be less than the
Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Required Liquidity Amount; </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(i) the occurrence of an Event of
Bankruptcy with respect to ABG or any Permitted Sublessee (other than a third-party Permitted Sublessee); </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(j) a Change in
Control shall have occurred; </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(k) ABRCF shall fail to acquire or maintain in force Series
<FONT STYLE="white-space:nowrap">2015-3</FONT> Interest Rate Caps at the times and in the notional amounts required by the terms of Section&nbsp;3.11; </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(l) the occurrence and continuation of an &#147;event of default&#148; under the Credit Agreement or any Replacement Credit
Agreement, that is not waived pursuant to the terms of such Credit Agreement or Replacement Credit Agreement; </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(m) the
breach by ABCR or any of its Affiliates of any covenant under the Credit Agreement or any Replacement Credit Agreement to the extent such covenant requires compliance by ABCR or its Affiliates with an interest coverage ratio, a fixed charge coverage
ratio, a leverage ratio or a minimum EBITDA level or with any other financial measure or ratio intended to test the financial or credit performance of ABCR and its consolidated subsidiaries, whether or not such breach is waived pursuant to the terms
of the Credit Agreement or such Replacement Credit Agreement; </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(n) the Class&nbsp;A Controlled Distribution Amount with
respect to the Related Month is not paid in full on any Distribution Date during the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Controlled Amortization Period (other than the first Distribution Date during the Series <FONT
STYLE="white-space:nowrap">2015-3</FONT> Controlled Amortization Period); and </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(o) an Amortization Event shall have
occurred with respect to the Series <FONT STYLE="white-space:nowrap">2010-6</FONT> Notes. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">In the case of any event described in clause
(j), (k), (l), (m) or (o)&nbsp;above, an Amortization Event shall have occurred with respect to the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Notes only if either the Trustee or the Requisite Noteholders declare that an Amortization
Event has occurred. In the case of an event described in clause (a), (b), (c), (d), (e), (f), (g), (h), (i) or (n)&nbsp;an Amortization Event with respect to the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Notes shall have occurred without
any notice or other action on the part of the Trustee or any Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Noteholders, immediately upon the occurrence of such event. Amortization Events with respect to the Series <FONT
STYLE="white-space:nowrap">2015-3</FONT> Notes described in clause (a), (b), (c), (d), (e), (f), (g), (h), (i) or (n)&nbsp;may be waived with the written consent of the Purchaser Groups having Commitment Percentages aggregating 100%. Amortization
Events with respect to the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Notes described in clause (j), (k), (l), (m) or (o)&nbsp;above may be waived in accordance with Section&nbsp;9.5 of the Base Indenture. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">91 </P>

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 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>ARTICLE V </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>RIGHT TO WAIVE PURCHASE RESTRICTIONS </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Notwithstanding any provision to the contrary in the Indenture or the Related Documents, upon the Trustee&#146;s receipt of notice from any
Lessee, any Borrower or ABRCF that the Lessees, the Borrowers and ABRCF have determined to increase any Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Maximum Amount or the percentage set forth in clause (y)&nbsp;of any of paragraphs (ii),
(iii), (iv), (v), (vi) or (vii)&nbsp;of the definition of Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Incremental Enhancement Amount, (such notice, a &#147;<U>Waiver Request</U>&#148;), each Series
<FONT STYLE="white-space:nowrap">2015-3</FONT> Noteholder may, at its option, waive any Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Maximum Amount or any increase in the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Required
Enhancement Amount based upon clause (y)&nbsp;of any of paragraphs (ii), (iii), (iv), (v), (vi) or (vii)&nbsp;of the definition of the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Incremental Enhancement Amount (collectively, a
&#147;<U>Waivable Amount</U>&#148;) if (i)&nbsp;no Amortization Event exists, (ii)&nbsp;the Requisite Noteholders consent to such waiver and (iii) 60 days&#146; prior written notice of such proposed waiver is provided to the Rating Agencies,
Standard&nbsp;&amp; Poor&#146;s and Moody&#146;s by the Trustee. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Upon receipt by the Trustee of a Waiver Request (a copy of which the
Trustee shall promptly provide to the Rating Agencies), all amounts which would otherwise be allocated to the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Excess Collection Account (collectively, the &#147;<U>Designated Amounts</U>&#148;)
from the date the Trustee receives a Waiver Request through the Consent Period Expiration Date will be held by the Trustee in the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Collection Account for ratable distribution as described below.
</P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Within ten (10)&nbsp;Business Days after the Trustee receives a Waiver Request, the Trustee shall furnish notice thereof to the
Administrative Agent, which notice shall be accompanied by a form of consent (each a &#147;<U>Consent</U>&#148;) in the form of <U>Exhibit</U><U></U><U>&nbsp;C</U> hereto by which the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Noteholders
may, on or before the Consent Period Expiration Date, consent to waiver of the applicable Waivable Amount. Upon receipt of notice of a Waiver Request, the Administrative Agent shall forward a copy of such request together with the Consent to each <FONT
STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser and Funding Agent with respect to its Related Purchaser Group. If the Trustee receives the Consents from the Requisite Noteholders agreeing to waiver of the applicable Waivable Amount within
forty-five (45)&nbsp;days after the Trustee notifies the Administrative Agent of a Waiver Request (the day on which such forty-five (45)&nbsp;day period expires, the &#147;<U>Consent Period Expiration Date</U>&#148;), (i) the applicable Waivable
Amount shall be deemed waived by the consenting Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Noteholders, (ii)&nbsp;the Trustee will distribute the Designated Amounts as set forth below and (iii)&nbsp;the Trustee shall promptly (but in any
event within two days) provide the Rating Agencies, Standard&nbsp;&amp; Poor&#146;s and Moody&#146;s with notice of such waiver. Any Purchaser Group from whom the Trustee has not received a Consent on or before the Consent Period Expiration Date
will be deemed not to have consented to such waiver. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">If the Trustee receives Consents from the Requisite Noteholders on or before the
Consent Period Expiration Date, then on the immediately following Distribution Date, upon receipt of written direction from the Administrator the Trustee will pay the Designated Amounts to the Administrative Agent for the accounts of the <FONT
STYLE="white-space:nowrap">non-consenting</FONT> Purchaser Groups. Upon the receipt of funds from the Trustee pursuant to this Article V, the Administrative Agent shall pay the Designated Amounts as follows: </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(i) to each <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser or Funding Agent with respect to a <FONT
STYLE="white-space:nowrap">non-consenting</FONT> Purchaser Group, such Purchaser Group&#146;s <U>pro</U> <U>rata</U> share based on the Purchaser Group Invested Amount with respect to such Purchaser Group relative to the Purchaser Group Invested
Amount with respect to all <FONT STYLE="white-space:nowrap">non-consenting</FONT> Purchaser Groups of the Designated Amounts up to the amount required to reduce to zero the Purchaser Group Invested Amounts with respect to all <FONT
STYLE="white-space:nowrap">non-consenting</FONT> Purchaser Groups; and </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">92 </P>

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 <P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(ii) any remaining Designated Amounts to the Series <FONT
STYLE="white-space:nowrap">2015-3</FONT> Excess Collection Account. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">If the amount distributed pursuant to clause (i)&nbsp;of the
preceding paragraph is not sufficient to reduce the Purchaser Group Invested Amount with respect to each <FONT STYLE="white-space:nowrap">non-consenting</FONT> Purchaser Group to zero on the date specified therein, then on each day following such
Distribution Date, the Administrator will allocate to the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Collection Account on a daily basis all Designated Amounts collected on such day. On each following Distribution Date, the Trustee will
withdraw such Designated Amounts from the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Collection Account and deposit the same in the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Distribution Account for distribution to the
Administrative Agent for the accounts of the <FONT STYLE="white-space:nowrap">non-consenting</FONT> Purchaser Groups. Upon the receipt of funds from the Trustee pursuant to this Article V, the Administrative Agent shall pay the Designated Amounts as
follows: </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(a) to each <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser or Funding Agent with respect to a <FONT
STYLE="white-space:nowrap">non-consenting</FONT> Purchaser Group, such Purchaser Group&#146;s <U>pro</U> <U>rata</U> share based on the Purchaser Group Invested Amount with respect to such Purchaser Group relative to the Purchaser Group Invested
Amount with respect to all <FONT STYLE="white-space:nowrap">non-consenting</FONT> Purchaser Groups of the Designated Amounts in the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Collection Account as of the applicable Determination Date up
to the amount required to reduce to zero the Purchaser Group Invested Amounts with respect to all <FONT STYLE="white-space:nowrap">non-consenting</FONT> Purchaser Groups; and </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(b) any remaining Designated Amounts to the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Excess Collection Account.
</P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">If the Requisite Noteholders do not timely consent to such waiver, the Designated Amounts will be
<FONT STYLE="white-space:nowrap">re-allocated</FONT> to the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Excess Collection Account for allocation and distribution in accordance with the terms of the Indenture and the Related Documents. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">In the event that the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Rapid Amortization Period shall commence after receipt by the
Trustee of a Waiver Request, all such Designated Amounts will thereafter be considered Principal Collections allocated to the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Noteholders. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">93 </P>

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 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>ARTICLE VI </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>CONDITIONS PRECEDENT </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;6.1. <U>Conditions Precedent to Effectiveness of the Original Series <FONT STYLE="white-space:nowrap">2015-3</FONT>
Supplement</U>. The Original Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Supplement became effective on the date (the &#147;<U>Effective Date</U>&#148;) on which all of the following conditions precedent were satisfied: </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(a) <U>Documents</U>. The Administrative Agent shall have received copies for each CP Conduit Purchaser and the Funding Agent and the APA Banks
with respect to such <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser, each CP Conduit Purchaser, each executed and delivered in form and substance satisfactory to it of (i)&nbsp;the Base Indenture, executed by a duly authorized officer
of each of ABRCF and the Trustee, (ii)&nbsp;the Original Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Supplement, executed by a duly authorized officer of each of ABRCF, the Administrator, the Trustee, the Administrative Agent, the Funding
Agents, the CP Conduit Purchasers and the APA Banks, (iii)&nbsp;each Lease, executed by a duly authorized officer of each of each Lessee party thereto, the Administrator and the Lessor party thereto, (iv)&nbsp;each Sublease, executed by a duly
authorized officer of each Lessee party thereto and each Permitted Sublessee party thereto, (v)&nbsp;each Loan Agreement, executed by a duly authorized officer of each of ABRCF, the Lessor party thereto and the Permitted Nominees party thereto,
(vi)&nbsp;each Vehicle Title and Lienholder Nominee Agreement, executed by the duly authorized officer of each of the Permitted Nominee party thereto, ABCR, the Lessor party thereto and the Trustee, (vii)&nbsp;the Master Exchange Agreement, executed
by a duly authorized officer of each of the Intermediary, AESOP Leasing, ARAC, BRAC and ABCR; (viii)&nbsp;the Escrow Agreement, executed by a duly authorized officer of each of the Intermediary, J.P. Morgan Trust Company, N.A., JPMorgan Chase Bank,
N.A., AESOP Leasing, ARAC, BRAC and ABCR; (ix)&nbsp;the Administration Agreement, executed by a duly authorized officer of each of ABCR, AESOP Leasing, AESOP Leasing II, ABRCF, ARAC, BRAC and the Trustee; (x)&nbsp;the Disposition Agent Agreement,
dated as of July&nbsp;23, 2009, executed by a duly authorized officer of each of ABCR, ABRCF, AESOP Leasing, AESOP Leasing II, ARAC, BRAC, Lord Securities Corporation, Fiserv Automotive Solutions, Inc. and the Trustee; (xi)&nbsp;the <FONT
STYLE="white-space:nowrap">Back-Up</FONT> Administration Agreement, dated as of July&nbsp;23, 2009, executed by a duly authorized officer of each of ABCR, ABRCF, AESOP Leasing, AESOP Leasing II, ARAC, BRAC, the Intermediary, Lord Securities
Corporation and the Trustee (xii)&nbsp;each Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Letter of Credit (as defined in the Original Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Supplement), if any, executed by a duly authorized
officer of the applicable Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Letter of Credit Provider; and (xiii)&nbsp;each Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Interest Rate Cap, executed by a duly authorized officer of ABRCF
and the applicable Interest Rate Cap Counterparty. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(b) <U>Corporate Documents; Proceedings of ABRCF, the Administrator,
the Permitted Nominees, AESOP Leasing, AESOP Leasing II, Original AESOP, ARAC and BRAC</U>. The Administrative Agent shall have received, with a copy for each <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser, each CP Conduit Purchaser
and the Funding Agent and the APA Banks with respect to such CP Conduit Purchaser, from ABRCF, the Administrator, the Permitted Nominees, AESOP Leasing, AESOP Leasing II, Original AESOP, ARAC, ABCR and BRAC true and complete copies of: </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:9%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(i) to the extent applicable, the certificate of incorporation or certificate of formation, including all amendments thereto,
of such Person, certified as of a recent date by the Secretary of State or other appropriate authority of the state of incorporation or organization, as the case may be, and a certificate of compliance, of status or of good standing, as and to the
extent applicable, of each such Person as of a recent date, from the Secretary of State or other appropriate authority of such jurisdiction; </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:9%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(ii) a certificate of the Secretary or an Assistant Secretary of such Person, dated on or prior to the Effective Date and
certifying (A)&nbsp;that attached </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">94 </P>

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thereto is a true and complete copy of the bylaws, limited liability company agreement or partnership agreement of such Person, as the case may be, as in effect on the Series <FONT
STYLE="white-space:nowrap">2015-3</FONT> Closing Date and at all times since a date prior to the date of the resolutions described in clause (B)&nbsp;below, (B) that, to the extent applicable, attached thereto is a true and complete copy of the
resolutions, in form and substance reasonably satisfactory to each Funding Agent, of the Board of Directors or Managers of such Person or committees thereof authorizing the execution, delivery and performance of the Original Series <FONT
STYLE="white-space:nowrap">2015-3</FONT> Supplement and the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Documents to which it is a party and the transactions contemplated thereby, and that such resolutions have not been amended, modified,
revoked or rescinded and are in full force and effect, (C)&nbsp;that the certificate of incorporation or certificate of formation of such Person has not been amended since the date of the last amendment thereto shown on the certificate of good
standing (or its equivalent) furnished pursuant to clause (i)&nbsp;above and (D)&nbsp;as to the incumbency and specimen signature of each officer or authorized signatory executing the Original Series <FONT STYLE="white-space:nowrap">2015-3</FONT>
Supplement and any Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Documents or any other document delivered in connection herewith or therewith on behalf of such Person; and </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:9%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(iii) a certificate of another officer as to the incumbency and specimen signature of the Secretary or Assistant Secretary
executing the certificate pursuant to clause (ii)&nbsp;above. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(c) <U>Representations and Warranties</U>. All
representations and warranties of each of ABRCF, the Administrator, AESOP Leasing, AESOP Leasing II, Original AESOP, each of the Permitted Nominees, each of the Lessees, each of the Permitted Sublessees and the Intermediary contained in each of the
Related Documents shall be true and correct as of the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Closing Date. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(d) <U>No Amortization Event, Potential Amortization Event or AESOP I Operating Lease Vehicle Deficiency</U>. No Amortization
Event or Potential Amortization Event in respect of the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Notes or any other Series of Notes shall exist and no AESOP I Operating Lease Vehicle Deficiency shall exist. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(e) <U>Lien Searches</U>. The Administrative Agent shall have received a written search report listing all effective financing
statements that name ABRCF, AESOP Leasing, AESOP Leasing II, Original AESOP, each of the Permitted Nominees or ABCR as debtor or assignor and that are filed in the State of New&nbsp;York, the State of Delaware and in any other jurisdictions that the
Administrative Agent determines are necessary or appropriate, together with copies of such financing statements, and tax and judgment lien searches showing no such liens that are not permitted by the Base Indenture, the Original Series <FONT
STYLE="white-space:nowrap">2015-3</FONT> Supplement or the Related Documents. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(f) <U>Legal Opinions</U>. The
Administrative Agent shall have received, with a counterpart addressed to each <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser, each CP Conduit Purchaser and the Funding Agent, the Program Support Provider and the APA Banks with
respect to each CP Conduit Purchaser and the Trustee, opinions of counsel required by Section&nbsp;2.2(f) of the Base Indenture and opinions of counsel with respect to such other matters as may be reasonably requested by any Funding Agent, in form
and substance reasonably acceptable to the addressees thereof and their counsel. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">95 </P>

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 <P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(g) <U>Fees and Expenses</U>. Each
<FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser and each Funding Agent with respect to its Related Purchaser Group shall have received payment of all fees,
<FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">out-of-pocket</FONT></FONT> expenses and other amounts due and payable to such Purchaser Group or the Administrative Agent, as applicable, on or before the Effective Date. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(h) <U>Establishment of Accounts</U>. The Administrative Agent shall have received evidence reasonably satisfactory to it that
the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Collection Account, the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Reserve Account and the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Distribution Account shall have
been established in accordance with the terms and provisions of the Indenture. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(i) <U>Opinion</U>. The Administrative
Agent shall have received, with a counterpart addressed to each CP Conduit Purchaser and the Funding Agent, the Program Support Provider and the APA Banks with respect such CP Conduit Purchaser, an opinion of counsel to the Trustee as to the due
authorization, execution and delivery by the Trustee of the Original Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Supplement and the due execution, authentication and delivery by the Trustee of the Series
<FONT STYLE="white-space:nowrap">2015-3</FONT> Notes. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(j) <U>Rating Letters</U>. Each Funding Agent shall have received a
copy of a letter, in form and substance satisfactory to such <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser and Funding Agent, from DBRS, and ABRCF and the Trustee shall have received a copy of a letter from Moody&#146;s, in each case
stating that the issuance of the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Notes will not result in a reduction or withdrawal of the rating (in effect immediately before the effectiveness of this Supplement) of any outstanding Series of
Notes with respect to which it is a Rating Agency. Each Funding Agent shall have received a letter, in form and substance satisfactory to such Funding Agent, from each of Moody&#146;s, Standard&nbsp;&amp; Poor&#146;s and/or Fitch, as applicable,
confirming the commercial paper rating of the related CP Conduit Purchaser after giving effect to such CP Conduit Purchaser&#146;s purchase of Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Notes. Any fees of Moody&#146;s, Standard&nbsp;&amp;
Poor&#146;s, Fitch and any Rating Agency in connection with the delivery of such letters shall have been paid by or on behalf of ABRCF. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(k) <U>UCC Filings</U>. The Administrative Agent shall have received (i)&nbsp;executed originals of any documents (including,
without limitation, financing statements) required to be filed in each jurisdiction necessary to perfect the security interest of the Trustee in the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Collateral and (ii)&nbsp;evidence reasonably
satisfactory to it of each such filing and reasonably satisfactory evidence of the payment of any necessary fee or tax relating thereto. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(l) <U>Proceedings</U>. All corporate and other proceedings and all other documents and legal matters in connection with the
transactions contemplated by the Related Documents shall be satisfactory in form and substance to each <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser and each Funding Agent and its counsel. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">96 </P>

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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;6.2. <U>Conditions Precedent to Effectiveness of this Supplement</U>. This
Supplement shall become effective on the date (the &#147;<U>A&amp;R Effective Date</U>&#148;) on which the following conditions precedent shall have been satisfied: </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(a) <U>Documents</U>. The Administrative Agent shall have received copies for each <FONT STYLE="white-space:nowrap">Non-Conduit</FONT>
Purchaser, each CP Conduit Purchaser and the Funding Agent and the APA Banks with respect to such CP Conduit Purchaser, each executed and delivered in form and substance satisfactory to it of: (i)&nbsp;this Supplement; (ii)&nbsp;each Multi-Series
Letter of Credit in effect on the A&amp;R Effective Date, if any, executed by a duly authorized officer of the applicable Multi-Series Letter of Credit Provider; (iii)&nbsp;each Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Interest Rate Cap
in effect on the A&amp;R Effective Date, executed by a duly authorized officer of ABRCF and the applicable Interest Rate Cap Counterparty satisfying the requirements of Section&nbsp;3.11(a); and (iv)&nbsp;the Fee Letter (collectively, the
&#147;<U>A&amp;R Documents</U>&#148;). </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(b) <U>Corporate Documents; Proceedings of ABRCF, the Administrator, the Permitted
Nominees, AESOP Leasing, AESOP Leasing II, Original AESOP, ARAC and BRAC</U>. The Administrative Agent shall have received, with a copy for each <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser, each CP Conduit Purchaser and the Funding
Agent and the APA Banks with respect to such CP Conduit Purchaser, from ABRCF, the Administrator, the Permitted Nominees, AESOP Leasing, AESOP Leasing II, Original AESOP, ARAC, ABCR and BRAC true and complete copies of: </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:9%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(i) to the extent applicable, the certificate of incorporation or certificate of formation, including all amendments thereto,
of such Person, certified as of a recent date by the Secretary of State or other appropriate authority of the state of incorporation or organization, as the case may be, and a certificate of compliance, of status or of good standing, as and to the
extent applicable, of each such Person as of a recent date, from the Secretary of State or other appropriate authority of such jurisdiction; </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:9%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(ii) a certificate of the Secretary or an Assistant Secretary of such Person, dated on or prior to the A&amp;R Effective Date
and certifying (A)&nbsp;that attached thereto is a true and complete copy of the bylaws, limited liability company agreement or partnership agreement of such Person, as the case may be, as in effect on the A&amp;R Effective Date and at all times
since a date prior to the date of the resolutions described in clause (B)&nbsp;below, (B) that, to the extent applicable, attached thereto is a true and complete copy of the resolutions, in form and substance reasonably satisfactory to each Funding
Agent, of the Board of Directors or Managers of such Person or committees thereof authorizing the execution, delivery and performance of the A&amp;R Documents to which it is a party and the transactions contemplated thereby, and that such
resolutions have not been amended, modified, revoked or rescinded and are in full force and effect, (C)&nbsp;that the certificate of incorporation or certificate of formation of such Person has not been amended since the date of the last amendment
thereto shown on the certificate of good standing (or its equivalent) furnished pursuant to clause (i)&nbsp;above and (D)&nbsp;as to the incumbency and specimen signature of each officer or authorized signatory executing any A&amp;R Documents or any
other document delivered in connection herewith or therewith on behalf of such Person; and </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">97 </P>

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 <P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:9%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(iii) a certificate of another officer as to the incumbency and specimen
signature of the Secretary or Assistant Secretary executing any certificate pursuant to clause (ii)&nbsp;above that requires the certification set forth in clause&nbsp;(ii)(D) above. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(c) <U>Representations and Warranties</U>. All representations and warranties of each of ABRCF, ABCR, AESOP Leasing, AESOP
Leasing II, Original AESOP, each of the Permitted Nominees, each of the Lessees, each of the Permitted Sublessees and the Intermediary contained in each of the Related Documents shall be true and correct as of the A&amp;R Effective Date. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(d) <U>No Amortization Event, Potential Amortization Event or AESOP I Operating Lease Vehicle Deficiency</U>. No Amortization
Event or Potential Amortization Event in respect of the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Notes or any other Series of Notes shall exist and no AESOP I Operating Lease Vehicle Deficiency shall exist as of the A&amp;R Effective
Date. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(e) <U>Fees and Expenses</U>. Each <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser and each Funding
Agent with respect to its Related Purchaser Group, the Administrative Agent and the Trustee shall have received payment of all fees, <FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">out-of-pocket</FONT></FONT> expenses and other
amounts due and payable to such Purchaser Group, the Administrative Agent or the Trustee, as applicable, on or before the A&amp;R Effective Date. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(f) <U>Rating Letters</U>. Each <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser and each Funding Agent shall have
received a copy of a letter, in form and substance satisfactory to such <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser or Funding Agent, from DBRS stating that the long-term rating of at least &#147;A&#148; has been assigned by DBRS
to the Class&nbsp;A Notes. Each <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser and each Funding Agent shall have received a copy of a letter, in form and substance satisfactory to such
<FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser and Funding Agent, from DBRS, and ABRCF and the Trustee shall have received a copy of a letter from Moody&#146;s and Fitch, in each case stating that the amendment and restatement of the
A&amp;R Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Supplement by this Supplement will not result in a reduction or withdrawal of the rating (in effect immediately before the effectiveness of this Supplement) of any outstanding Series of
Notes with respect to which it is a Rating Agency. Each Funding Agent shall have received a letter, in form and substance satisfactory to such Funding Agent, from each of Moody&#146;s, Standard&nbsp;&amp; Poor&#146;s and/or Fitch, as applicable,
confirming the commercial paper rating of the related CP Conduit Purchaser after the effectiveness of this Supplement. Any fees of Moody&#146;s, Standard&nbsp;&amp; Poor&#146;s, Fitch and any Rating Agency in connection with the delivery of such
letters shall have been paid by or on behalf of ABRCF. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(g) <U>Certificates and Opinions</U>. All certificates and opinions
of counsel required under the Base Indenture or reasonably requested by the Trustee or the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Noteholders shall have been delivered to the Trustee and to the Series
<FONT STYLE="white-space:nowrap">2015-3</FONT> Noteholders, as applicable. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">98 </P>

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 <P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(h) <U>Reduction of Class</U><U></U><U>&nbsp;A Maximum Invested
Amount</U>.&nbsp;The parties hereto agree and acknowledge that the Class&nbsp;A Maximum Invested Amount is hereby reduced on a pro rata basis in as set forth in Schedule I hereto. The parties hereto hereby waive any requirement of prior notice under
Section&nbsp;2.6(c) of this Supplement solely in connection with the transactions to be effective as of the A&amp;R Effective Date. </P>
<P STYLE="margin-top:24pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>ARTICLE VII </B></P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>CHANGE IN
CIRCUMSTANCES </B></P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;7.1. <U>Increased Costs</U>. (a)&nbsp;If any Change in Law (except with respect to Taxes which shall be
governed by Section&nbsp;7.2) shall: </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(i) impose, modify or deem applicable any reserve, special deposit or similar
requirement against assets of, deposits with or for the account of, or credit extended by, any Affected Party (except any such reserve requirement reflected in the Adjusted LIBO Rate); or </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(ii) impose on any Affected Party or the London interbank market any other condition affecting the Indenture or the Related
Documents or the funding of Eurodollar Tranches by such Affected Party; </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">and the result of any of the foregoing shall be to increase the cost to such
Affected Party of making, converting into, continuing or maintaining Eurodollar Tranches (or maintaining its obligation to do so) or to reduce any amount received or receivable by such Affected Party hereunder or in connection herewith (whether
principal, interest or otherwise), then ABRCF will pay to such Affected Party such additional amount or amounts as will compensate such Affected Party for such additional costs incurred or reduction suffered. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(b) If any Affected Party determines that any Change in Law regarding capital requirements has or would have the effect of reducing the rate
of return on such Affected Party&#146;s capital or the capital of any corporation controlling such Affected Party as a consequence of its obligations hereunder to a level below that which such Affected Party or such corporation could have achieved
but for such Change in Law (taking into consideration such Affected Party&#146;s or such corporation&#146;s policies with respect to capital adequacy), then from time to time, ABRCF shall pay to such Affected Party such additional amount or amounts
as will compensate such Affected Party for any such reduction suffered. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(c) A certificate of an Affected Party setting forth the amount
or amounts necessary to compensate such Affected Party as specified in subsections (a)&nbsp;and (b) of this Section&nbsp;7.1 shall be delivered to ABRCF (with a copy to the Administrative Agent and the Funding Agent, if any, with respect to such
Affected Party) and shall be conclusive absent manifest error. Any payments made by ABRCF pursuant to this Section&nbsp;7.1 shall be made solely from funds available in the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Distribution Account
for the payment of Article VII Costs, shall be <FONT STYLE="white-space:nowrap">non-recourse</FONT> other than with respect to such funds, and shall not constitute a claim against ABRCF to the extent that insufficient funds exist to make such
payment. The agreements in this Section&nbsp;7.1 shall survive the termination of this Supplement and the Base Indenture and the payment of all amounts payable hereunder and thereunder. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">99 </P>

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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(d) Failure or delay on the part of an Affected Party to demand compensation pursuant to
this Section&nbsp;7.1 shall not constitute a waiver of such Affected Party&#146;s right to demand such compensation; <U>provided</U> that ABRCF shall not be required to compensate any Affected Party pursuant to this Section&nbsp;7.1 for any
increased costs or reductions incurred more than 270 days prior to the date that such Affected Party notifies ABRCF of such Affected Party&#146;s intention to claim compensation under this Section&nbsp;7.1; <U>provided</U>, <U>further</U>, that, if
the Change in Law giving rise to such increased costs or reductions is retroactive, then the <FONT STYLE="white-space:nowrap">270-day</FONT> period referred to above shall be extended to include the period of retroactive effect thereof. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(e) ABRCF acknowledges that any Affected Party may institute measures in anticipation of a Change in Law, and may commence allocating charges
to or seeking compensation from ABRCF under this Section&nbsp;7.1, in advance of the effective date of such Change in Law and ABRCF agrees to pay such charges or compensation to the applicable Affected Party following demand therefor in accordance
with the terms of this Section&nbsp;7.1 without regard to whether such effective date has occurred. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;7.2. <U>Taxes</U>.
(a)&nbsp;Any and all payments by or on account of any obligation of ABRCF hereunder shall be made free and clear of and without deduction for any Indemnified Taxes or Other Taxes; <U>provided</U> that if ABRCF shall be required to deduct any
Indemnified Taxes or Other Taxes from such payments, then (i)&nbsp;subject to Section&nbsp;7.2(c) below, the sum payable shall be increased as necessary so that after making all required deductions (including deductions applicable to additional sums
payable under this Section&nbsp;7.2) the recipient receives an amount equal to the sum that it would have received had no such deductions been made, (ii)&nbsp;ABRCF shall make such deductions and (iii)&nbsp;ABRCF shall pay the full amount deducted
to the relevant Governmental Authority in accordance with applicable law. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(b) In addition, ABRCF shall pay any Other Taxes to the
relevant Governmental Authority in accordance with applicable law. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(c) ABRCF shall indemnify the Administrative Agent, each <FONT
STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser, each Funding Agent, each Program Support Provider and each member of each CP Conduit Purchaser Group within the later of 10 days after written demand therefor and the Distribution Date next
following such demand for the full amount of any Indemnified Taxes or Other Taxes paid by the Administrative Agent, such <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser, such Funding Agent, such Program Support Provider or such member
of such CP Conduit Purchaser Group on or with respect to any payment by or on account of any obligation of ABRCF hereunder or under the Indenture (including Indemnified Taxes or Other Taxes imposed or asserted on or attributable to amounts payable
under this Section&nbsp;7.2) and any penalties, interest and reasonable expenses arising therefrom or with respect thereto, whether or not such Indemnified Taxes or Other Taxes were correctly or legally imposed or asserted by the relevant
Governmental Authority; <U>provided</U> that no Person shall be indemnified pursuant to this Section&nbsp;7.2(c) or entitled to receive additional amounts under the proviso of Section&nbsp;7.2(a) to the extent that the reason for such
indemnification results from the failure by such Person to comply with the provisions of Section&nbsp;7.2(e) or (g). A certificate as to the amount of such payment or liability delivered to ABRCF by the Administrative Agent,
</P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">100 </P>

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any <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser, any Funding Agent, any Program Support Provider or any member of any CP Conduit Purchaser Group shall be conclusive absent
manifest error. Any payments made by ABRCF pursuant to this Section&nbsp;7.2 shall be made solely from funds available in the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Distribution Account for the payment of Article VII Costs, shall be <FONT
STYLE="white-space:nowrap">non-recourse</FONT> other than with respect to such funds, and shall not constitute a claim against ABRCF to the extent that insufficient funds exist to make such payment. The agreements in this Section shall survive the
termination of this Supplement and the Base Indenture and the payment of all amounts payable hereunder and thereunder. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(d) As soon as
practicable after any payment of Indemnified Taxes or Other Taxes by ABRCF to a Governmental Authority, ABRCF shall deliver to the Administrative Agent the original or a certified copy of a receipt issued by such Governmental Authority evidencing
such payment, a copy of the return reporting such payment or other evidence of such payment reasonably satisfactory to the Administrative Agent. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(e) The Administrative Agent, each <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser, each Funding Agent, each member of each CP
Conduit Purchaser Group and each Program Support Provider, if entitled to an exemption from or reduction of an Indemnified Tax or Other Tax with respect to payments made hereunder or under the Indenture shall (to the extent legally able to do so)
deliver to ABRCF (with a copy to the Administrative Agent) such properly completed and executed documentation prescribed by applicable law and reasonably requested by ABRCF on the later of (i) 30 Business Days after such request is made and the
applicable forms are provided to the Administrative Agent, such <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser, such Funding Agent, such member of such CP Conduit Purchaser Group or such Program Support Provider or (ii)&nbsp;thirty
(30) Business Days before prescribed by applicable law as will permit such payments to be made without withholding or with an exemption from or reduction of Indemnified Taxes or Other Taxes. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(f) If the Administrative Agent, any <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser, any Funding Agent, any Program Support
Provider or any member of any CP Conduit Purchaser Group receives a refund solely in respect of Indemnified Taxes or Other Taxes, it shall pay over such refund to ABRCF to the extent that it has already received indemnity payments or additional
amounts pursuant to this Section&nbsp;7.2 with respect to such Indemnified Taxes or Other Taxes giving rise to the refund, net of all <FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">out-of-pocket</FONT></FONT> expenses and without
interest (other than interest paid by the relevant Governmental Authority with respect to such refund); <U>provided</U>, <U>however</U>, that ABRCF shall, upon request of the Administrative Agent, such
<FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser, such Funding Agent, such Program Support Provider or such member of such CP Conduit Purchaser Group, repay such refund (plus interest or other charges imposed by the relevant
Governmental Authority) to the Administrative Agent, such <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser, such Funding Agent, such Program Support Provider or such member of such CP Conduit Purchaser Group if the Administrative Agent,
such <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser, such Funding Agent, such Program Support Provider or such member of such CP Conduit Purchaser Group is required to repay such refund to such Governmental Authority. Nothing
contained herein shall require the Administrative Agent, any <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser, any Funding Agent, any Program Support Provider or any member of any CP Conduit Purchaser Group to make its tax returns (or
any other information relating to its taxes which it deems confidential) available to ABRCF or any other Person. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">101 </P>

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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(g) The Administrative Agent, each <FONT STYLE="white-space:nowrap">Non-Conduit</FONT>
Purchaser, each Funding Agent, each Program Support Provider and each member of each CP Conduit Purchaser Group (other than any such entity which is a domestic corporation) shall: </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(i) upon or prior to becoming a party hereto, deliver to ABRCF and the Administrative Agent two (2)&nbsp;duly completed copies
of IRS Form <FONT STYLE="white-space:nowrap">W-8BEN,</FONT> <FONT STYLE="white-space:nowrap">W-8ECI</FONT> or <FONT STYLE="white-space:nowrap">W-9,</FONT> or successor applicable forms, as the case may be, establishing a complete exemption from
withholding of United States federal income taxes or backup withholding taxes with respect to payments under the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Notes and this Supplement; </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(ii) deliver to ABRCF and the Administrative Agent two (2)&nbsp;further copies of any such form or certification establishing a
complete exemption from withholding of United States federal income taxes or backup withholding taxes with respect to payments under the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Notes and this Supplement on or before the date that any
such form or certification expires or becomes obsolete and after the occurrence of any event requiring a change in the most recent form previously delivered by it to ABRCF; and </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(iii) obtain such extensions of time for filing and completing such forms or certifications as may reasonably be requested by
ABRCF and the Administrative Agent; </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">unless, in any such case, any change in treaty, law or regulation has occurred after the Series <FONT
STYLE="white-space:nowrap">2015-3</FONT> Closing Date (or, if later, the date the Administrative Agent, such <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser, such Funding Agent, such Program Support Provider or such member of such CP
Conduit Purchaser Group becomes an indemnified party hereunder) and prior to the date on which any such delivery would otherwise be required which renders the relevant form inapplicable or which would prevent the Administrative Agent, such <FONT
STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser, such Funding Agent, such Program Support Provider or such member of such CP Conduit Purchaser Group from duly completing and delivering the relevant form with respect to it, and the
Administrative Agent, such <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser, such Funding Agent, such Program Support Provider or such member of such CP Conduit Purchaser Group so advises ABRCF and the Administrative Agent. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(h) If a beneficial or equity owner of the Administrative Agent, a <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser, a Funding
Agent, a Program Support Provider or a member of a CP Conduit Purchaser Group (instead of the Administrative Agent, the <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser, the Funding Agent, the Program Support Provider or the member of
the CP Conduit Purchaser Group itself) is required under United States federal income tax law or the terms of a relevant treaty to provide IRS Form <FONT STYLE="white-space:nowrap">W-8BEN,</FONT> <FONT STYLE="white-space:nowrap">W-8ECI</FONT> or <FONT
STYLE="white-space:nowrap">W-9,</FONT> or any successor applicable forms, as the case may be, in order to claim an exemption from withholding of United States federal income taxes or backup withholding taxes, then each such beneficial owner or
equity owner shall be considered to be the Administrative Agent, a <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser, a Funding Agent, a Program Support Provider or a member of a CP Conduit Purchaser Group for purposes of
Section&nbsp;7.2(g). </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(i) If a payment made to a recipient would be subject to U.S. Federal withholding tax imposed by FATCA if such
recipient were to fail to comply with the applicable reporting requirements of FATCA (including those contained in Section&nbsp;1471(b) or 1472(b) of the Code, as applicable), such recipient shall deliver to the payor at the time or times prescribed
by law and at such time or times reasonably requested by the payor such documentation prescribed </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">102 </P>

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by applicable law (including as prescribed by Section&nbsp;1471(b)(3)(C)(i) of the Code and any agreements entered into pursuant to Section&nbsp;1471(b)(1) of the Code) and such additional
documentation as reasonable requested by the payor as may be necessary for the payor to determine that such recipient has complied with such recipient&#146;s obligations under FATCA and that such recipient is not subject to any such withholding.
Notwithstanding any other provision herein, if ABRCF or the Administrative Agent is required to withhold taxes under FATCA, ABRCF and the Administrative Agent shall be authorized to deduct from payments to be made to the applicable recipient amounts
representing taxes payable by such recipient under FATCA, as determined in the sole discretion of ABRCF or the Administrative Agent, and to remit such amounts to the applicable governmental authorities. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;7.3. <U>Break Funding Payments</U>. ABRCF agrees to indemnify each Purchaser Group and to hold each Purchaser Group harmless from
any loss or expense which such Purchaser Group may sustain or incur as a consequence of (a)&nbsp;the failure by ABRCF to accept any Increase after ABRCF has given irrevocable notice requesting the same in accordance with the provisions of this
Supplement, (b)&nbsp;the conversion into or continuation of a CP Tranche or a Eurodollar Tranche that occurs other than on the last day of the applicable CP Rate Period or Eurodollar Period, (c)&nbsp;default by ABRCF in making any prepayment in
connection with a Decrease after ABRCF has given irrevocable notice thereof in accordance with the provisions of Section&nbsp;2.5 or (d)&nbsp;the making of a repayment of any portion of the Purchaser Group Invested Amount with respect to such
Purchaser Group (including, without limitation, any Decrease) prior to the termination of a CP Rate Period for a CP Tranche or a Eurodollar Period for a Eurodollar Tranche or on a date other than a Distribution Date or the date contained in a notice
of Decrease, or the making of a Decrease in a greater amount than contained in any notice of a Decrease. Such indemnification shall include an amount determined by the <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser or the Funding
Agent with respect to its Related Purchaser Group and shall equal (a)&nbsp;in the case of the losses or expenses associated with a CP Tranche or a Eurodollar Tranche, either (x)&nbsp;the excess, if any, of (i)&nbsp;such Related Purchaser
Group&#146;s cost of funding the amount so paid or not so borrowed, converted or continued, for the period from the date of such payment or of such failure to borrow, convert or continue to the last day of the CP Rate Period or the Eurodollar Period
or applicable Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Interest Period (or in the case of a failure to borrow, convert or continue, the CP Rate Period or the Eurodollar Period that would have commenced on the date of such prepayment or
of such failure), as the case may be, over (ii)&nbsp;the amount of interest earned by such Related Purchaser Group upon redeployment of an amount of funds equal to the amount prepaid or not borrowed, converted or continued for a comparable period or
(y)&nbsp;if such Related Purchaser Group is able to terminate the funding source before its scheduled maturity, any costs associated with such termination and (b)&nbsp;in the case of the losses or expenses incurred by a <FONT
STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser, LIBOR Funding CP Conduit Purchaser or Pooled Funding CP Conduit Purchaser, the losses and expenses incurred by such <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser, LIBOR Funding
CP Conduit Purchaser or Pooled Funding CP Conduit Purchaser in connection with the liquidation or reemployment of deposits or other funds acquired by such <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser, LIBOR Funding CP Conduit
Purchaser or Pooled Funding CP Conduit Purchaser as a result of the failure to accept an Increase, a default in the making of a Decrease or the making of a Decrease in an amount or on a date not contained in a notice of a Decrease. Notwithstanding
the foregoing, any payments made by ABRCF pursuant to this subsection shall be made solely from funds available in the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Distribution Account for the payment of Article VII Costs, shall be <FONT
STYLE="white-space:nowrap">non-recourse</FONT> other than with </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">103 </P>

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respect to such funds, and shall not constitute a claim against ABRCF to the extent that such funds are insufficient to make such payment. This covenant shall survive the termination of this
Supplement and the Base Indenture and the payment of all amounts payable hereunder and thereunder. A certificate as to any additional amounts payable pursuant to the foregoing sentence submitted by any
<FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser or Funding Agent on behalf of its Related Purchaser Group to ABRCF shall be conclusive absent manifest error. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;7.4. <U>Alternate Rate of Interest</U>. (a)&nbsp;Subject to clauses (b), (c), (d), (e) and (f)&nbsp;of this Section&nbsp;7.4, if
prior to the commencement of any Eurodollar Period: </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(i) the Administrative Agent determines (which determination shall be
conclusive absent manifest error) that adequate and reasonable means do not exist for ascertaining the Adjusted LIBO Rate (including because the LIBO Screen Rate is not available or published on a current basis) for such Eurodollar Period;
<U>provided</U> that no Benchmark Transition Event shall have occurred at such time, or </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(ii) the Administrative Agent is
advised by any APA Bank that the Adjusted LIBO Rate for such Eurodollar Period will not adequately and fairly reflect the cost to such APA Bank of making or maintaining the Eurodollar Tranches during such Eurodollar Period, </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">then the Administrative Agent shall give notice thereof to ABRCF and the Trustee by telephone, telecopy or electronic mail as promptly as practicable
thereafter and, until the Administrative Agent notifies ABRCF and the Trustee that the circumstances giving rise to such notice no longer exist, the Available APA Bank Funding Amount with respect to any CP Conduit Purchaser Group (in the case of
clause (i)&nbsp;above) or with respect to the related CP Conduit Purchaser Group (in the case of clause (ii)&nbsp;above) shall not be allocated to any Eurodollar Tranche. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(b) Notwithstanding anything to the contrary herein or in any other Related Document, if a Benchmark Transition Event or an Early <FONT
STYLE="white-space:nowrap">Opt-in</FONT> Election, as applicable, and its related Benchmark Replacement Date have occurred prior to the Reference Time in respect of any setting of the then-current Benchmark, then (x)&nbsp;if a Benchmark Replacement
is determined in accordance with clause (1)&nbsp;or (2) of the definition of &#147;Benchmark Replacement&#148; for such Benchmark Replacement Date, such Benchmark Replacement will replace such Benchmark for all purposes hereunder and under any
Related Document in respect of such Benchmark setting and subsequent Benchmark settings without any amendment to, or further action or consent of any other party to, this Supplement and (y)&nbsp;if a Benchmark Replacement is determined in accordance
with clause (3)&nbsp;of the definition of &#147;Benchmark Replacement&#148; for such Benchmark Replacement Date, such Benchmark Replacement will replace such Benchmark for all purposes hereunder and under any Related Document in respect of any
Benchmark setting at or after 5:00 p.m. (New York City time) on the fifth (5th) Business Day after the date notice of such Benchmark Replacement is provided to the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Noteholders without any
amendment to, or further action or consent of any other party to, this Supplement so long as the Administrative Agent has not received, by such time, written notice of objection to such Benchmark Replacement from Series <FONT
STYLE="white-space:nowrap">2015-3</FONT> Noteholders comprising the Requisite Noteholders. For the avoidance of doubt: (a)&nbsp;in no event shall the Trustee be responsible for (i)&nbsp;determining whether a Benchmark Transition Event, Term SOFR
Transition Event or an Early <FONT STYLE="white-space:nowrap">Opt-in</FONT> Election has occurred or for determining the </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">104 </P>

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replacement for the Benchmark with a Benchmark Replacement and (b)&nbsp;in connection with any of the matters referenced in clause (a)&nbsp;of this sentence, the Trustee shall be entitled to
conclusively rely on any determinations made by the Administrative Agent or ABRCF in regards to such matters and shall have no liability for such actions taken at the direction of either the Administrative Agent or ABRCF. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(c) Notwithstanding anything to the contrary herein or in any other Related Document and subject to the proviso below in this paragraph, if a
Term SOFR Transition Event and its related Benchmark Replacement Date have occurred prior to the Reference Time in respect of any setting of the then-current Benchmark, then the applicable Benchmark Replacement will replace the then-current
Benchmark for all purposes hereunder or under any Related Document in respect of such Benchmark setting and subsequent Benchmark settings, without any amendment to, or further action or consent of any other party to, this Supplement or any other
Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Document; <U>provided</U> that, this clause (c)&nbsp;shall not be effective unless the Administrative Agent has delivered to the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Noteholders
and ABRCF a Term SOFR Notice. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(d) In connection with the implementation of a Benchmark Replacement, the Administrative Agent will have
the right to make Benchmark Replacement Conforming Changes from time to time and, notwithstanding anything to the contrary herein or in any other Related Document, any amendments implementing such Benchmark Replacement Conforming Changes will become
effective without any further action or consent of any other party to this Supplement. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(e) The Administrative Agent will promptly notify
ABRCF, the Trustee and each Purchaser Group of (i)&nbsp;any occurrence of a Benchmark Transition Event, a Term SOFR Transition Event or an Early <FONT STYLE="white-space:nowrap">Opt-in</FONT> Election, as applicable, (ii)&nbsp;the implementation of
any Benchmark Replacement, (iii)&nbsp;the effectiveness of any Benchmark Replacement Conforming Changes, (iv)&nbsp;the removal or reinstatement of any tenor of a Benchmark pursuant to clause (f)&nbsp;below and (v)&nbsp;the commencement or conclusion
of any Benchmark Unavailability Period. Any determination, decision or election that may be made by the Administrative Agent or Purchaser Groups pursuant to this Section&nbsp;7.4, including any determination with respect to a tenor, rate or
adjustment or of the occurrence or <FONT STYLE="white-space:nowrap">non-occurrence</FONT> of an event, circumstance or date and any decision to take or refrain from taking any action or any selection, will be conclusive and binding absent manifest
error and may be made in its or their sole discretion and without consent from any other party to this Supplement or any other Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Document, except, in each case, as expressly required pursuant to
this Section&nbsp;7.4. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(f) Notwithstanding anything to the contrary herein or in any other Related Document, at any time (including in
connection with the implementation of a Benchmark Replacement), (i) if the then-current Benchmark is a term rate (including Term SOFR or LIBO Rate) and either (A)&nbsp;any tenor for such Benchmark is not displayed on a screen or other information
service that publishes such rate from time to time as selected by the Administrative Agent in its reasonable discretion or (B)&nbsp;the regulatory supervisor for the administrator of such Benchmark has provided a public statement or publication of
information announcing that any tenor for such Benchmark is or will be no longer representative, then the Administrative Agent may modify the definition of &#147;Eurodollar Period&#148;, &#147;Series <FONT STYLE="white-space:nowrap">2015-3</FONT>
Interest Period&#148; or &#147;LIBO Rate&#148; for any Benchmark settings at or after such time to remove such unavailable or <FONT STYLE="white-space:nowrap">non-representative</FONT> tenor and (ii)&nbsp;if a tenor that was removed pursuant to
clause (i)&nbsp;above either (A)&nbsp;is subsequently displayed </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">105 </P>

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on a screen or information service for a Benchmark (including a Benchmark Replacement) or (B)&nbsp;is not, or is no longer, subject to an announcement that it is or will no longer be
representative for a Benchmark (including a Benchmark Replacement), then the Administrative Agent may modify the definition of &#147;Eurodollar Period&#148; , &#147;Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Interest Period&#148; or
&#147;LIBO Rate&#148; for all Benchmark settings at or after such time to reinstate such previously removed tenor. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(g) Upon ABRCF&#146;s
receipt of notice of the commencement of a Benchmark Unavailability Period, the Available APA Bank Funding Amount with respect to any CP Conduit Purchaser Group shall not be allocated to any Eurodollar Tranche. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(h) The interest rate with respect to (i)&nbsp;the Eurodollar Tranches, (ii)&nbsp;the CP Conduit Funded Amount with respect to any LIBOR
Funding CP Conduit Purchaser and (iii)&nbsp;in some cases, the Purchaser Group Invested Amount with respect to any <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser Group is determined by reference to the LIBO Rate, which is derived from
the London interbank offered rate (&#147;<U>LIBOR</U>&#148;). LIBOR is intended to represent the rate at which contributing banks may obtain short-term borrowings from each other in the London interbank market. On March&nbsp;5, 2021, the U.K.
Financial Conduct Authority (&#147;<U>FCA</U>&#148;) publicly announced that: (a)&nbsp;immediately after December&nbsp;31, 2021, publication of the <FONT STYLE="white-space:nowrap">1-week</FONT> and <FONT STYLE="white-space:nowrap">2-month</FONT>
U.S.&nbsp;Dollar LIBOR settings will permanently cease; immediately after June&nbsp;30, 2023, publication of the overnight and <FONT STYLE="white-space:nowrap">12-month</FONT> U.S.&nbsp;Dollar LIBOR settings will permanently cease; and immediately
after June&nbsp;30, 2023, the <FONT STYLE="white-space:nowrap">1-month,</FONT> <FONT STYLE="white-space:nowrap">3-month</FONT> and <FONT STYLE="white-space:nowrap">6-month</FONT> U.S.&nbsp;Dollar LIBOR settings will cease to be provided or, subject
to the FCA&#146;s consideration of the case, be provided on a synthetic basis and no longer be representative of the underlying market and economic reality they are intended to measure and that representativeness will not be restored. There is no
assurance that dates announced by the FCA will not change or that the administrator of LIBOR and/or regulators will not take further action that could impact the availability, composition, or characteristics of LIBOR or the currencies and/or tenors
for which LIBOR is published. Each party to this Supplement should consult its own advisors to stay informed of any such developments. Public and private sector industry initiatives are currently underway to identify new or alternative reference
rates to be used in place of LIBOR. Upon the occurrence of a Benchmark Transition Event, a Term SOFR Transition Event or an Early <FONT STYLE="white-space:nowrap">Opt-in</FONT> Election, Section&nbsp;7.4(b) and (c)&nbsp;provide the mechanism for
determining an alternative rate of interest. The Administrative Agent will promptly notify ABRCF, the Trustee and each Purchaser Group pursuant to Section&nbsp;7.4(e), of any change to the reference rate upon which the interest rate on the portions
of the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Invested Amount listed above is based. However, the Administrative Agent does not warrant or accept any responsibility for, and shall not have any liability with respect to, the
administration, submission, performance or any other matter related to LIBOR or other rates in the definition of &#147;LIBO Rate&#148; or with respect to any alternative or successor rate thereto, or replacement rate thereof (including, without
limitation, (i)&nbsp;any such alternative, successor or replacement rate implemented pursuant to Section&nbsp;7.4(b) or (c), whether upon the occurrence of a Benchmark Transition Event, a Term SOFR Transition Event or an Early <FONT
STYLE="white-space:nowrap">Opt-in</FONT> Election, and (ii)&nbsp;the implementation of any Benchmark Replacement Conforming Changes pursuant to Section&nbsp;7.4(d)), including without limitation, whether the composition or characteristics of any
such alternative, successor or replacement reference rate will be similar to, or produce the same value or economic equivalence of, the LIBO Rate or have the same volume or liquidity as did the London interbank offered rate prior to its
discontinuance or unavailability. The Administrative Agent and its affiliates and/or other related entities may engage in transactions that affect the calculation of any successor or alternative rate (including any Benchmark
</P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">106 </P>

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Replacement) and/or any relevant adjustments thereto, in each case, in a manner adverse to ABRCF. The Administrative Agent may select information sources or services in its reasonable discretion
to ascertain any Benchmark or any component thereof, in each case pursuant to the terms of this Agreement, and shall have no liability to ABRCF, any Purchaser Group or any other person or entity for damages of any kind, including direct or indirect,
special, punitive, incidental or consequential damages, costs, losses or expenses (whether in tort, contract or otherwise and whether at law or in equity), for any error or calculation of any such rate (or component thereof) provided by any such
information source or service. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;7.5. <U>Mitigation Obligations</U>. If an Affected Party requests compensation under
Section&nbsp;7.1, or if ABRCF is required to pay any additional amount to any Purchaser Group or any Governmental Authority for the account of any Purchaser Group pursuant to Section&nbsp;7.2, then, upon written notice from ABRCF, such Affected
Party or Purchaser Group, as the case may be, shall use commercially reasonable efforts to designate a different lending office for funding or booking its obligations hereunder or to assign its rights and obligations hereunder to another of its
offices, branches or affiliates, which pays a price for such assignment which is acceptable to such Purchaser Group and its assignee, in the judgment of such Affected Party or Purchaser Group, such designation or assignment (i)&nbsp;would eliminate
or reduce amounts payable pursuant to Section&nbsp;7.1 or 7.2, as the case may be, in the future and (ii)&nbsp;would not subject such Affected Party or Purchaser Group to any unreimbursed cost or expense and would not otherwise be disadvantageous to
such Affected Party or Purchaser Group. ABRCF hereby agrees to pay all reasonable costs and expenses incurred by such Affected Party or Purchaser Group in connection with any such designation or assignment. </P>
<P STYLE="margin-top:24pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>ARTICLE VIII </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>REPRESENTATIONS AND WARRANTIES, COVENANTS </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;8.1. <U>Representations and Warranties of ABRCF and the Administrator</U> (a)&nbsp;ABRCF and the Administrator each hereby
represents and warrants to the Trustee, the Administrative Agent, each Funding Agent, each CP Conduit Purchaser, each Committed Note Purchaser, each APA Bank and each <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser that: </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(i) each and every of their respective representations and warranties contained in the Related Documents is true and correct as
of the A&amp;R Effective Date and true and correct in all material respects (other than any such representation or warranty that is qualified by materiality, which shall be true and correct) as of the date of each Increase; and </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(ii) as of the A&amp;R Effective Date, they have not engaged, in connection with the offering of the Series <FONT
STYLE="white-space:nowrap">2015-3</FONT> Notes, in any form of general solicitation or general advertising within the meaning of Rule 502(c) under the Securities Act. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(b) ABRCF hereby represents and warrants to the Trustee, the Administrative Agent, each Funding Agent, each CP Conduit Purchaser, each
Committed Note Purchaser, each APA Bank and each <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser that each of the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Notes has been duly authorized and executed by ABRCF and when duly
authenticated by the Trustee and delivered to </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">107 </P>

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the Funding Agents in accordance with the terms of this Supplement will constitute legal, valid and binding obligations of ABRCF enforceable in accordance with their terms, except as
enforceability thereof may be limited by bankruptcy, insolvency, or other similar laws relating to or affecting generally the enforcement of creditors&#146; rights or by general equitable principles. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(c) The Administrator hereby represents and warrants to the Trustee, the Administrative Agent, each
<FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser, each Committed Note Purchaser, each Funding Agent, each CP Conduit Purchaser and each APA Bank, as of the A&amp;R Effective Date, as of each Increase Date and as of the date of delivery
of each Monthly Noteholders Statement that (i)&nbsp;as an &#147;originator&#148; for purposes of the Securitisation Regulations, it continues to hold the Retained Interest on such date in accordance with Section&nbsp;8.2(n), (ii) it has not sold or
subjected the Retained Interest to any credit risk mitigation or any short positions or any other hedge, or transferred or otherwise surrendered all or part of its rights, benefits or obligations arising from or associated with the Retained
Interest, in a manner which would be contrary to the Securitisation Regulations and (iii)&nbsp;it (A) was not established for, and does not operate for, the sole purpose of securitizing exposures, (B)&nbsp;has, and shall continue to invest in and
hold assets, securities and other investments excluding the Retained Interest, and (C)&nbsp;has, and shall continue to have, the capacity to meet its general payment and other obligations and absorb credit loss through resources other than the
Retained Interest. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(d) ABRCF hereby represents and warrants to the Trustee, the Administrative Agent, each Funding Agent, each CP Conduit
Purchaser, each APA Bank and each <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser that ABRCF (i)&nbsp;is not deemed to be an &#147;investment company&#148; within the meaning of the Investment Company Act pursuant to Rule <FONT
STYLE="white-space:nowrap">3a-7</FONT> promulgated under the Investment Company Act and (ii)&nbsp;is not a &#147;covered fund&#148; as defined in the Volcker Rule. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(e) The Administrator hereby represents and warrants to the Trustee, the Administrative Agent, each Funding Agent, each CP Conduit Purchaser,
each APA Bank, each Committed Note Purchaser and each <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser that it has implemented and maintains in effect policies and procedures designed to ensure compliance by the Administrator, its
Subsidiaries and their respective directors, officers, employees and agents with Anti-Corruption Laws and applicable Sanctions, and the Administrator, its Subsidiaries and their respective officers and directors and to the knowledge of the
Administrator its employees and agents, are in compliance with Anti-Corruption Laws and applicable Sanctions in all material respects and are not knowingly engaged in any activity that would reasonably be expected to result in the Administrator or
any of its Subsidiaries being designated as a Sanctioned Person. None of the Administrator, any Subsidiary or any of their respective directors, officers or employees is a Sanctioned Person. No use of proceeds of any Increase will directly or,
knowingly, indirectly violate Anti-Corruption Laws or applicable Sanctions. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(f) The Administrator hereby represents and warrants to the
Trustee, the Administrative Agent, each Funding Agent, each CP Conduit Purchaser, each Committed Note Purchaser, each APA Bank and each <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser that it is a &#147;sponsor&#148; (as such term is
defined in the U.S. Risk Retention Rules) in connection with the transactions contemplated by this Supplement and the applicable Related Documents and has complied with all requirements imposed on a &#147;sponsor&#148; of a &#147;securitization
transaction&#148; (as each such term is defined in the U.S. Risk Retention Rules) in accordance with the provisions of the U.S. Risk Retention Rules in </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">108 </P>

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connection with the transactions contemplated by this Supplement. On the A&amp;R Effective Date, the Administrator will hold, either directly or through a &#147;majority-owned affiliate&#148; (as
such term is defined in the U.S. Risk Retention Rules), an &#147;eligible horizontal residual interest&#148; (as such term is defined in the U.S. Risk Retention Rules) with respect to the transactions contemplated by Supplement in an amount equal to
at least 5% of the fair value of all the &#147;ABS interests&#148; (as such term is defined in the U.S. Risk Retention Rules) issued by ABRCF as part of the transactions contemplated by the Supplement, determined as of the A&amp;R Effective Date
using a fair value measurement framework under United States generally accepted accounting principles (such interest, the &#147;<U>Retained Interest</U>&#148;). The Administrator has determined such fair value of the Retained Interest based on its
own valuation methodology, inputs and assumptions in accordance with and as required by the U.S. Risk Retention Rules and is solely responsible therefor. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(g) ABRCF hereby represents and warrants to the Trustee, the Administrative Agent, each Funding Agent, each CP Conduit Purchaser, each APA
Bank and each <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser that at least 51% of the equity interests of ABRCF are owned, directly or indirectly, by a &#147;listed entity&#148; (as defined in 31 C.F.R. &#167;1020.315(b)(5)). </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(h) The Administrator hereby represents and warrants to the Trustee, the Administrative Agent, each Funding Agent, each CP Conduit Purchaser,
each APA Bank, each Committed Note Purchaser and each <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser that it intends each of the Operating Leases to be, and views each as, a single indivisible lease covering all Vehicles leased
thereunder, rather than as a collection of separate independent leases governed by similar terms. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;8.2. <U>Covenants of ABRCF
and the Administrator</U>. ABRCF and the Administrator hereby agree, in addition to their obligations hereunder, that: </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(a)
they shall observe in all material respects each and every of their respective covenants (both affirmative and negative) contained in the Base Indenture and all other Related Documents to which each is a party; </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(b) they shall afford each <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser, each Funding Agent with respect to a
CP Conduit Purchaser Group, each Committed Note Purchaser, the Trustee or any representatives of any such <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser, Funding Agent or the Trustee access to all records relating to the Leases, the
Subleases, the Vehicles, the Manufacturer Programs and the Loan Agreements at any reasonable time during regular business hours, upon reasonable prior notice (and with one Business Day&#146;s prior notice if an Amortization Event with respect to the
Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Notes shall have been deemed to have occurred or shall have been declared to have occurred), for purposes of inspection and shall permit such <FONT STYLE="white-space:nowrap">Non-Conduit</FONT>
Purchaser, such Funding Agent, such Committed Note Purchaser, the Trustee or any representative of such <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser, such Funding Agent, such Committed Note Purchaser or the Trustee to visit any of
ABRCF&#146;s or the Administrator&#146;s, as the case may be, offices or properties during regular business hours and as often as may reasonably be desired to discuss the business, operations, properties, financial and other conditions of ABRCF or
the Administrator with their respective officers and employees and with their independent certified public accountants; </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">109 </P>

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 <P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(c) they shall promptly provide such additional financial and other
information with respect to the Related Documents, ABRCF, the Lessors, the Permitted Nominees, the Lessees, the Permitted Sublessees, the Related Documents or the Manufacturer Programs as the Administrative Agent may from time to time reasonably
request; </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(d) they shall provide to the Administrative Agent simultaneously with delivery to the Trustee copies of
information furnished to the Trustee or ABRCF pursuant to the Related Documents as such information relates to all Series of Notes generally or specifically to the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Notes or the Series <FONT
STYLE="white-space:nowrap">2015-3</FONT> Collateral. The Administrative Agent shall distribute to each <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser and each Funding Agent copies of all information delivered to it pursuant to this
Section&nbsp;8.2(d); </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(e) they shall not (i)&nbsp;agree to any amendment to the Base Indenture or any other Related
Document, or (ii)&nbsp;take any action under the Base Indenture or any other Related Documents, which amendment or action requires the consent or direction of the Requisite Investors, without having received the prior written consent of the
Requisite Noteholders; </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(f) they shall not agree to any replacement or successor to the Intermediary or the addition of any
new Manufacturer as an Eligible Program Manufacturer, in each case without having received the prior written consent of the Requisite Noteholders; </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(g) they shall not permit the aggregate Capitalized Cost for all Vehicles purchased in any model year that are not subject to a
Manufacturer Program to exceed 85% of the aggregate MSRP (Manufacturer Suggested Retail Price) of all such Vehicles; <U>provided</U>, <U>however</U>, that they shall not&nbsp;modify the customary buying patterns or purchasing criteria used by the
Administrator and its Affiliates with respect to the Vehicles if the primary purpose of such&nbsp;modification is&nbsp;to comply with this covenant; </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(h) they will provide (x)&nbsp;notice of any Replacement Credit Agreement, together with a copy of the proposed Replacement
Credit Agreement, to the Rating Agencies, Standard&nbsp;&amp; Poor&#146;s and Moody&#146;s no less than ten (10)&nbsp;days prior to the anticipated effective date for such Replacement Credit Agreement and (y)&nbsp;a copy of any amendment to the
Credit Agreement or any Replacement Credit Agreement to the Administrative Agent, each Funding Agent and each <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser promptly upon its becoming effective; </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(i) they shall provide to the Administrative Agent, each <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser and each
Funding Agent, on each Determination Date, a calculation of the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Incremental Enhancement Amount as of the last day of the Related Month with respect to such Determination Date; </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(j) they shall provide the Administrative Agent with ten days&#146; prior notice of any appointment of an Independent Manager
in accordance with the ABRCF Limited Liability Company Agreement; <U>provided</U> that if such appointment is to fill a vacancy, such notice shall only be required to be given as promptly as possible; </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(k) they shall promptly provide notice to each <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser and the
Administrative Agent in the event that more than 50% of the Class&nbsp;A Invested Amount is funded by one or more APA Banks; </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">110 </P>

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 <P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(l) they shall comply with the representation made by ABRCF to each Rating
Agency pursuant to paragraph (a)(3)(iii)(A) through (D)&nbsp;of Rule <FONT STYLE="white-space:nowrap">17g-5</FONT> under the Exchange Act and shall provide the Administrative Agent, each Funding Agent and each
<FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser with prompt notice if ABRCF, ABCR or any of their representatives receives notice from, or has knowledge of, any Rating Agency determination that ABRCF is not in compliance with such
representation; </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(m) they shall provide to the Administrative Agent on October&nbsp;1 of each year, beginning on
October&nbsp;1, 2016, an Opinion of Counsel to the effect that no UCC financing or continuation statements are required to be filed with respect to any of the Collateral in which a security interest may be perfected by the filing of UCC financing
statements; </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(n) the Administrator agrees, for the benefit of each <FONT STYLE="white-space:nowrap">Non-Conduit</FONT>
Purchaser, each Funding Agent, each CP Conduit Purchaser and each APA Bank, in each case, that is required to comply with the requirements of the Securitisation Regulations that as an &#147;originator&#148; for purposes of the Securitisation
Regulations it shall: </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:9%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(i) hold and maintain the Retained Interest in an amount and in a manner as required or permitted by
the Securitisation Regulations for so long as the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Notes are outstanding and not change the manner in which it retains the Retained Interest except to the extent permitted under the Securitisation
Regulations; </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:9%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(ii) not sell the Retained Interest or subject the Retained Interest to any credit risk mitigation or any
short positions or any other hedge, or transfer or otherwise surrender all or part of its rights, benefits or obligations arising from or associated with the Retained Interest, in each case, except to the extent permitted under the Securitisation
Regulations; </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:9%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(iii) in connection with and accompanying each Monthly Noteholders Statement, confirm to the Trustee that it
continues to comply with this subsection (i)&nbsp;and (ii) of this Section&nbsp;8.2(n); </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:9%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(iv) promptly provide notice to
each such Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Noteholder in the event that it fails to comply with subsection (i)&nbsp;or (ii) of this Section&nbsp;8.2(n); </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:9%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(v) promptly notify each Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Noteholder of any material change to the form or
other terms or characteristics of the Retained Interest since the delivery of the most recent Monthly Noteholders Statement; and </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:9%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(vi) provide any and all information requested by any Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Noteholder that any
such Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Noteholder would reasonably require in order for such Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Noteholder to comply with its obligations under the Securitisation Regulations;
<U>provided</U> that (x)&nbsp;compliance by the Administrator with this clause (vi)&nbsp;shall be at the expense of the requesting <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser, Funding Agent, CP Conduit Purchaser or APA Bank and
(y)&nbsp;nothing in this clause (vi)&nbsp;shall oblige the Administrator to provide any information in the form of any template prescribed for purposes of Article 7 of the Securitisation Regulations, or to take any other action in accordance with,
or in a manner contemplated by, such Article 7 of the Securitisation Regulations unless otherwise agreed with a Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Noteholder; </P>
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 <P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(o) on and after the A&amp;R Effective Date, the Administrator (or, to the
extent permitted by the U.S. Risk Retention Rules, a majority-owned affiliate of the Administrator) shall continue to comply with all requirements imposed by the U.S. Risk Retention Rules, including, without limitation (1)&nbsp;complying with the
post-closing disclosure requirements set forth in Section&nbsp;4(c)(1)(ii) of the U.S. Risk Retention Rules in an appropriate method that does not require any involvement of the Administrative Agent, any CP Conduit Purchaser, any Funding Agent, any
APA Bank, any Committed Note Purchaser or any <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser, (2)&nbsp;complying with the records maintenance requirements set forth in Section&nbsp;4(d) of the U.S. Risk Retention Rules, and
(3)&nbsp;complying and causing compliance with the hedging, transfer and financing prohibitions set forth in Section&nbsp;12 of the U.S. Risk Retention Rules for the duration required by the U.S. Risk Retention Rules; </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(p) they will maintain in effect and enforce policies and procedures designed to ensure compliance by the Administrator, its
Subsidiaries and their respective directors, officers, employees and agents with Anti-Corruption Laws and applicable Sanctions; </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(q) they will include in each Monthly Noteholder&#146;s Statement a calculation of the Series
<FONT STYLE="white-space:nowrap">2015-3</FONT> Post-Twenty Fourth Month Measurement Month Average (including all applicable underlying calculations); </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(r) ABRCF will provide the Administrative Agent an Officer&#146;s Certificate attaching the amended Depreciation Schedule as
soon as reasonably practicable after such Depreciation Schedule becomes effective; and </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(s) as soon as practicable
following any change that would result in ABRCF no longer being able to make the representation in Section&nbsp;8.1(e), ABRCF shall give the Administrative Agent notice thereof and shall provide the Administrative Agent with a Beneficial Ownership
Certification. </P> <P STYLE="margin-top:24pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>ARTICLE IX </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>THE ADMINISTRATIVE AGENT </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;9.1. <U>Appointment</U>. Each of the <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchasers, CP Conduit Purchasers, the
APA Banks and the Funding Agents hereby irrevocably designates and appoints the Administrative Agent as the agent of such Person under this Supplement and irrevocably authorizes the Administrative Agent, in such capacity, to take such action on its
behalf under the provisions of this Supplement and to exercise such powers and perform such duties as are expressly delegated to the Administrative Agent by the terms of this Supplement, together with such other powers as are reasonably incidental
thereto. Notwithstanding any provision to the contrary elsewhere in this Supplement, the Administrative Agent shall not have any duties or responsibilities except those expressly set forth herein, or any fiduciary relationship with any Non-Conduit
Purchaser, any CP Conduit Purchaser, any APA Bank or any Funding Agent, and no implied covenants, functions, responsibilities, duties, obligations or liabilities shall be read into this Supplement or otherwise exist against the Administrative Agent.
</P>
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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;9.2. <U>Delegation of Duties</U>. The Administrative Agent may execute any of
its duties under this Supplement by or through agents or <FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">attorneys-in-fact</FONT></FONT> and shall be entitled to advice of counsel concerning all matters pertaining to such duties.
The Administrative Agent shall not be responsible for the negligence or misconduct of any agents or <FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">attorneys-in-fact</FONT></FONT> selected by it with reasonable care. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;9.3. <U>Exculpatory Provisions</U>. Neither the Administrative Agent nor any of its officers, directors, employees, agents, <FONT
STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">attorneys-in-fact</FONT></FONT> or Affiliates shall be (i)&nbsp;liable for any action lawfully taken or omitted to be taken by it or such Person under or in connection with the Base
Indenture, this Supplement or any other Related Document (except to the extent that any of the foregoing are found by a final and nonappealable decision of a court of competent jurisdiction to have resulted from its or such Person&#146;s own gross
negligence or willful misconduct) or (ii)&nbsp;responsible in any manner to any of the <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchasers, the CP Conduit Purchasers, the APA Banks or the Funding Agents for any recitals, statements,
representations or warranties made by ABRCF, the Lessors, the Lessees, the Permitted Sublessees, the Intermediary, the Administrator or any officer thereof contained in this Supplement or any other Related Document or in any certificate, report,
statement or other document referred to or provided for in, or received by the Administrative Agent under or in connection with, this Supplement or any other Related Document or for the value, validity, effectiveness, genuineness, enforceability or
sufficiency of this Supplement, any other Related Document, or for any failure of any of ABRCF, the Lessors, the Lessees, the Permitted Sublessees, the Intermediary or the Administrator to perform its obligations hereunder or thereunder. The
Administrative Agent shall not be under any obligation to any <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser, any CP Conduit Purchaser, any APA Bank or any Funding Agent to ascertain or to inquire as to the observance or performance
of any of the agreements contained in, or conditions of, this Supplement, any other Related Document or to inspect the properties, books or records of ABRCF, the Lessors, the Lessees, the Permitted Sublessees, the Intermediary or the Administrator.
</P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;9.4. <U>Reliance by Administrative Agent</U>. The Administrative Agent shall be entitled to rely, and shall be fully
protected in relying, upon any writing, resolution, notice, consent, certificate, affidavit, letter, telecopy, telex or teletype message, statement, order or other document or conversation believed by it to be genuine and correct and to have been
signed, sent or made by the proper Person or Persons and upon advice and statements of legal counsel (including, without limitation, counsel to ABRCF or the Administrator), independent accountants and other experts selected by the Administrative
Agent. The Administrative Agent may deem and treat the registered holder of any Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Note as the owner thereof for all purposes unless a written notice of assignment, negotiation or transfer thereof
shall have been filed with the Administrative Agent. The Administrative Agent shall be fully justified in failing or refusing to take any action under this Supplement or any other Related Document unless it shall first receive such advice or
concurrence of the Requisite Noteholders, as it deems appropriate or it shall first be indemnified to its satisfaction by the <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchasers and the Funding Agents against any and all liability and
expense which may be incurred by it by reason of taking or continuing to take any such action. The Administrative Agent shall in all cases be fully protected in acting, or </P>
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in refraining from acting, under this Supplement and the other Related Documents in accordance with a request of the Requisite Noteholders (unless, in the case of any action relating to the
giving of consent hereunder, the giving of such consent requires the consent of all Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Noteholders), and such request and any action taken or failure to act pursuant thereto shall be binding upon
all the <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchasers, the CP Conduit Purchasers, the APA Banks and the Funding Agents. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;9.5. <U>Notice of Administrator Default or Amortization Event or Potential Amortization Event</U>. The Administrative Agent shall
not be deemed to have knowledge or notice of the occurrence of any Amortization Event or Potential Amortization Event or any Administrator Default unless the Administrative Agent has received written notice from a
<FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser, a CP Conduit Purchaser, an APA Bank, a Funding Agent, ABRCF or the Administrator referring to the Indenture or this Supplement, describing such Amortization Event or Potential
Amortization Event, or Administrator Default and stating that such notice is a &#147;notice of an Amortization Event or Potential Amortization Event&#148; or &#147;notice of an Administrator Default,&#148; as the case may be. In the event that the
Administrative Agent receives such a notice, the Administrative Agent shall give notice thereof to the <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchasers, the Funding Agents, the Trustee, ABRCF and the Administrator. The Administrative
Agent shall take such action with respect to such event as shall be reasonably directed by the Requisite Noteholders, <U>provided</U> that unless and until the Administrative Agent shall have received such directions, the Administrative Agent may
(but shall not be obligated to) take such action, or refrain from taking such action, with respect to such event as it shall deem advisable in the best interests of the Purchaser Groups. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;9.6. <U>Non</U><U><FONT STYLE="white-space:nowrap">-Reliance</FONT> on the Administrative Agent and Other Purchaser Groups</U>.
Each of the <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchasers, the CP Conduit Purchasers, the APA Banks and the Funding Agents expressly acknowledges that neither the Administrative Agent nor any of its officers, directors, employees,
agents, <FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">attorneys-in-fact</FONT></FONT> or Affiliates has made any representations or warranties to it and that no act by the Administrative Agent hereinafter taken, including any
review of the affairs of ABRCF, the Lessors, the Lessees, the Permitted Sublessees, the Intermediary or the Administrator shall be deemed to constitute any representation or warranty by the Administrative Agent to any such Person. Each of the <FONT
STYLE="white-space:nowrap">Non-Conduit</FONT> Purchasers, the CP Conduit Purchasers, the APA Banks and the Funding Agents represents to the Administrative Agent that it has, independently and without reliance upon the Administrative Agent or any
other <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser, CP Conduit Purchaser, APA Bank or Funding Agent and based on such documents and information as it has deemed appropriate, made its own appraisal of and investigation into the
business, operations, property, financial and other condition and creditworthiness of ABRCF, the Lessors, the Lessees, the Permitted Sublessees, the Intermediary and the Administrator and made its own decision to enter into this Supplement. Each of
the <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchasers, the CP Conduit Purchasers, the APA Banks and the Funding Agents also represents that it will, independently and without reliance upon the Administrative Agent or any other <FONT
STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser, CP Conduit Purchaser, APA Bank or Funding Agent, and based on such documents and information as it shall deem appropriate at the time, continue to make its own credit analysis, appraisals and
decisions in taking or not taking action under this Supplement and the other Related Documents, and to make such investigation as it deems necessary to inform itself as to the business, operations, property, financial and other condition and
creditworthiness of ABRCF, the Lessors, the Lessees, the Permitted Sublessees, the Intermediary and the </P>
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Administrator. Except for notices, reports and other documents expressly required to be furnished to the <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchasers and the Funding Agents by
the Administrative Agent hereunder, the Administrative Agent shall have no duty or responsibility to provide any <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser, any CP Conduit Purchaser, any APA Bank or any Funding Agent with any
credit or other information concerning the business, operations, property, condition (financial or otherwise), prospects or creditworthiness of ABRCF, the Lessors, the Lessees, the Permitted Sublessees, the Intermediary or the Administrator which
may come into the possession of the Administrative Agent or any of its officers, directors, employees, agents, <FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">attorneys-in-fact</FONT></FONT> or Affiliates. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;9.7. <U>Indemnification</U>. Each <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser and each of the APA Banks in a CP
Conduit Purchaser Group agrees to indemnify the Administrative Agent in its capacity as such (to the extent not reimbursed by ABRCF and the Administrator and without limiting the obligation of ABRCF and the Administrator to do so), ratably according
to their respective Commitment Percentages (or, if indemnification is sought after the date upon which the Commitments shall have terminated, ratably in accordance with their respective Purchaser Group Invested Amounts) in effect on the date on
which indemnification is sought under this Section&nbsp;9.7 (or if indemnification is sought after the date upon which the Commitments shall have terminated and the Purchaser Group Invested Amounts shall have been reduced to zero, ratably in
accordance with their Commitment Percentages immediately prior to their termination) from and against any and all liabilities, obligations, losses, damages, penalties, actions, judgments, suits, costs, expenses or disbursements of any kind
whatsoever which may at any time be imposed on, incurred by or asserted against the Administrative Agent in any way relating to or arising out of this Supplement, any of the other Related Documents or any documents contemplated by or referred to
herein or therein or the transactions contemplated hereby or thereby or any action taken or omitted by the Administrative Agent under or in connection with any of the foregoing; <U>provided</U> that no
<FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser, APA Bank or Funding Agent shall be liable for the payment of any portion of such liabilities, obligations, losses, damages, penalties, actions, judgments, suits, costs, expenses or
disbursements that are found by a final and nonappealable decision of a court of competent jurisdiction to have resulted from the Administrative Agent&#146;s gross negligence or willful misconduct. The agreements in this Section shall survive the
payment of all amounts payable hereunder. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;9.8. <U>The Administrative Agent in Its Individual Capacity</U>. The
Administrative Agent and its Affiliates may make loans to, accept deposits from and generally engage in any kind of business with ABRCF, the Administrator or any of their Affiliates as though the Administrative Agent were not the Administrative
Agent hereunder. With respect to any Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Note held by the Administrative Agent, the Administrative Agent shall have the same rights and powers under this Supplement and the other Related Documents as
any APA Bank or Funding Agent and may exercise the same as though it were not the Administrative Agent, and the terms &#147;APA Bank,&#148; and &#147;Funding Agent&#148; shall include the Administrative Agent in its individual capacity. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;9.9. <U>Resignation of Administrative Agent; Successor Administrative Agent</U>. The Administrative Agent may resign as
Administrative Agent at any time by giving 30 days&#146; notice to the <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchasers, the Funding Agents, the Trustee, ABRCF and the Administrator. If JPMorgan Chase shall resign as Administrative
Agent under this Supplement, then the Requisite Noteholders shall appoint a successor administrative agent from among the </P>
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<FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchasers and Funding Agents, which successor administrative agent shall be approved by ABRCF and the Administrator (which approval shall not
be unreasonably withheld or delayed) whereupon such successor agent shall succeed to the rights, powers and duties of the Administrative Agent, and the term &#147;Administrative Agent&#148; shall mean such successor agent effective upon such
appointment and approval, and the former Administrative Agent&#146;s rights, powers and duties as Administrative Agent shall be terminated, without any other or further act or deed on the part of such former Administrative Agent or any of the
parties to this Supplement. If no successor administrative agent has accepted appointment as Administrative Agent prior to the effective date of the resignation of the Administrative Agent, the retiring Administrative Agent may appoint, after
consulting with the <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchasers, the Funding Agents, the Administrator and ABRCF, a successor Administrative Agent from among the <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchasers and
the Funding Agents. If no successor administrative agent has accepted appointment by the date which is thirty (30)&nbsp;days following a retiring Administrative Agent&#146;s notice of resignation, the retiring Administrative Agent&#146;s resignation
shall nevertheless thereupon become effective and the Administrator shall assume and perform all of the duties of the Administrative Agent hereunder until such time, if any, as the Requisite Noteholders appoint a successor administrative agent as
provided for above. After any retiring Administrative Agent&#146;s resignation as Administrative Agent, the provisions of this Article IX shall inure to its benefit as to any actions taken or omitted to be taken by it while it was Administrative
Agent under this Supplement. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;9.10. <U></U><U>Erroneous Payments</U>. (a)&nbsp;(a) Each Funding Agent and <FONT
STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser hereby agrees that (x)&nbsp;if the Administrative Agent notifies such Funding Agent or <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser that the Administrative Agent has determined
in its sole discretion that any funds received by any member of the related Purchaser Group from the Administrative Agent or any of its Affiliates (whether as a payment, prepayment or repayment of principal, interest, fees or otherwise; individually
and collectively, a &#147;Payment&#148;) were erroneously transmitted to such member of such Purchaser Group (whether or not known to such member of such Purchaser Group), and demands the return of such Payment (or a portion thereof), such member of
such Purchaser Group shall promptly, but in no event later than one Business Day thereafter, return to the Administrative Agent the amount of any such Payment (or portion thereof) as to which such a demand was made in same day funds, together with
interest thereon in respect of each day from and including the date such Payment (or portion thereof) was received by such member of such Purchaser Group to the date such amount is repaid to the Administrative Agent at the greater of the Federal
Funds Effective Rate and a rate determined by the Administrative Agent in accordance with banking industry rules on interbank compensation from time to time in effect, and (y)&nbsp;to the extent permitted by applicable law, such member of such
Purchaser Group shall not assert, and hereby waives, as to the Administrative Agent, any claim, counterclaim, defense or right of <FONT STYLE="white-space:nowrap">set-off</FONT> or recoupment with respect to any demand, claim or counterclaim by the
Administrative Agent for the return of any Payments received, including without limitation any defense based on &#147;discharge for value&#148; or any similar doctrine. A notice of the Administrative Agent to any Funding Agent or <FONT
STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser under this Section&nbsp;9.10(a) shall be conclusive, absent manifest error. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(b)
Each member of a Purchaser Group hereby further agrees that if it receives a Payment from the Administrative Agent or any of its Affiliates (x)&nbsp;that is in a different amount than, or on a different date from, that specified in a notice of
payment sent by the Administrative Agent (or any of its Affiliates) with respect to such Payment (a &#147;<U>Payment Notice</U>&#148;) or (y)&nbsp;that was </P>
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not preceded or accompanied by a Payment Notice, it shall be on notice, in each such case, that an error has been made with respect to such Payment. Each member of a Purchaser Group agrees that,
in each such case, or if it otherwise becomes aware a Payment (or portion thereof) may have been sent in error, such member of such Purchaser Group shall promptly notify the Administrative Agent of such occurrence and, upon demand from the
Administrative Agent, it shall promptly, but in no event later than one Business Day thereafter, return to the Administrative Agent the amount of any such Payment (or portion thereof) as to which such a demand was made in same day funds, together
with interest thereon in respect of each day from and including the date such Payment (or portion thereof) was received by such member of such Purchaser Group to the date such amount is repaid to the Administrative Agent at the greater of the
Federal Funds Effective Rate and a rate determined by the Administrative Agent in accordance with banking industry rules on interbank compensation from time to time in effect. </P>
<P STYLE="margin-top:24pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>ARTICLE X </B></P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>THE FUNDING
AGENTS </B></P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;10.1. <U>Appointment</U>. Each CP Conduit Purchaser and each APA Bank with respect to such CP Conduit Purchaser
hereby irrevocably designates and appoints the Funding Agent set forth next to such CP Conduit Purchaser&#146;s name on Schedule I as the agent of such Person under this Supplement and irrevocably authorizes such Funding Agent, in such capacity, to
take such action on its behalf under the provisions of this Supplement and to exercise such powers and perform such duties as are expressly delegated to such Funding Agent by the terms of this Supplement, together with such other powers as are
reasonably incidental thereto. Notwithstanding any provision to the contrary elsewhere in this Supplement, each Funding Agent shall not have any duties or responsibilities except those expressly set forth herein, or any fiduciary relationship with
any CP Conduit Purchaser or APA Bank and no implied covenants, functions, responsibilities, duties, obligations or liabilities shall be read into this Supplement or otherwise exist against each Funding Agent. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;10.2. <U>Delegation of Duties</U>. Each Funding Agent may execute any of its duties under this Supplement by or through agents or
<FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">attorneys-in-fact</FONT></FONT> and shall be entitled to advice of counsel concerning all matters pertaining to such duties. Each Funding Agent shall not be responsible to the CP
Conduit Purchaser or any APA Bank in its CP Conduit Purchaser Group for the negligence or misconduct of any agents or attorneys <FONT STYLE="white-space:nowrap">in-fact</FONT> selected by it with reasonable care. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;10.3. <U>Exculpatory Provisions</U>. Each Funding Agent and any of its officers, directors, employees, agents, <FONT
STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">attorneys-in-fact</FONT></FONT> or Affiliates shall not be (i)&nbsp;liable for any action lawfully taken or omitted to be taken by it or such Person under or in connection with the Base
Indenture, this Supplement or any other Related Document (except to the extent that any of the foregoing are found by a final and nonappealable decision of a court of competent jurisdiction to have resulted from its or such Person&#146;s own gross
negligence or willful misconduct) or (ii)&nbsp;responsible in any manner to any of the CP Conduit Purchasers and/or APA Banks for any recitals, statements, representations or warranties made by ABRCF, the Lessors, the Lessees, the Permitted
</P>
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Sublessees, the Intermediary, the Administrator, the Administrative Agent, or any officer thereof contained in this Supplement or any other Related Document or in any certificate, report,
statement or other document referred to or provided for in, or received by such Funding Agent under or in connection with, this Supplement or any other Related Document or for the value, validity, effectiveness, genuineness, enforceability or
sufficiency of this Supplement, any other Related Document, or for any failure of any of ABRCF, the Lessors, the Lessees, the Permitted Sublessees, the Intermediary, the Administrative Agent, or the Administrator to perform its obligations hereunder
or thereunder. Each Funding Agent shall not be under any obligation to the CP Conduit Purchaser or any APA Bank in its CP Conduit Purchaser Group to ascertain or to inquire as to the observance or performance of any of the agreements contained in,
or conditions of, this Supplement, any other Related Document or to inspect the properties, books or records of ABRCF, the Lessors, the Lessees, the Permitted Sublessees, the Intermediary, the Administrative Agent, or the Administrator. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;10.4. <U>Reliance by Each Funding Agent</U>. Each Funding Agent shall be entitled to rely, and shall be fully protected in
relying, upon any writing, resolution, notice, consent, certificate, affidavit, letter, telecopy, telex or teletype message, statement, order or other document or conversation believed by it to be genuine and correct and to have been signed, sent or
made by the proper Person or Persons and upon advice and statements of legal counsel (including, without limitation, counsel to ABRCF or the Administrator), independent accountants and other experts selected by such Funding Agent. Each Funding Agent
shall be fully justified in failing or refusing to take any action under this Supplement or any other Related Document unless it shall first receive such advice or concurrence of the Related Purchaser Group, as it deems appropriate or it shall first
be indemnified to its satisfaction by the Related Purchaser Group against any and all liability and expense which may be incurred by it by reason of taking or continuing to take any such action. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;10.5. <U>Notice of Administrator Default or Amortization Event or Potential Amortization Event</U>. Each Funding Agent shall not
be deemed to have knowledge or notice of the occurrence of any Amortization Event or Potential Amortization Event or any Administrator Default unless such Funding Agent has received written notice from a
<FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser, a CP Conduit Purchaser, an APA Bank, ABRCF, the Administrative Agent or the Administrator referring to the Indenture or this Supplement, describing such Amortization Event or Potential
Amortization Event, or Administrator Default and stating that such notice is a &#147;notice of an Amortization Event or Potential Amortization Event&#148; or &#147;notice of an Administrator Default,&#148; as the case may be. In the event that any
Funding Agent receives such a notice, such Funding Agent shall give notice thereof to the CP Conduit Purchaser and APA Banks in its CP Conduit Purchaser Group. Such Funding Agent shall take such action with respect to such event as shall be
reasonably directed by the CP Conduit Purchaser and APA Banks in its CP Conduit Purchaser Group, <U>provided</U> that unless and until such Funding Agent shall have received such directions, such Funding Agent may (but shall not be obligated to)
take such action, or refrain from taking such action, with respect to such event as it shall deem advisable in the best interests of the CP Conduit Purchaser and APA Banks in its CP Conduit Purchaser Group. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;10.6. <U>Non</U><U><FONT STYLE="white-space:nowrap">-Reliance</FONT> on Each Funding Agent and Other CP Conduit Purchaser
Groups</U>. Each CP Conduit Purchaser and each of the related APA Banks expressly acknowledge that neither its Funding Agent nor any of its officers, directors, employees, agents,
<FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">attorneys-in-fact</FONT></FONT> or Affiliates has made any representations or warranties to it and that no act by </P>
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such Funding Agent hereinafter taken, including any review of the affairs of ABRCF, the Lessors, the Lessees, the Permitted Sublessees, the Intermediary, the Administrative Agent, or the
Administrator shall be deemed to constitute any representation or warranty by such Funding Agent to any such Person. Each CP Conduit Purchaser and each of the related APA Banks represents to its Funding Agent that it has, independently and without
reliance upon such Funding Agent and based on such documents and information as it has deemed appropriate, made its own appraisal of and investigation into the business, operations, property, financial and other condition and creditworthiness of
ABRCF, the Lessors, the Lessees, the Permitted Sublessees, the Intermediary, the Administrative Agent, and the Administrator and made its own decision to enter into this Supplement. Each CP Conduit Purchaser and each of the related APA Banks also
represents that it will, independently and without reliance upon its Funding Agent and based on such documents and information as it shall deem appropriate at the time, continue to make its own credit analysis, appraisals and decisions in taking or
not taking action under this Supplement and the other Related Documents, and to make such investigation as it deems necessary to inform itself as to the business, operations, property, financial and other conditions and creditworthiness of ABRCF,
the Lessors, the Lessees, the Permitted Sublessees, the Intermediary, the Administrative Agent, and the Administrator. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;10.7.
<U>Indemnification</U>. Each APA Bank in a CP Conduit Purchaser Group agrees to indemnify its Funding Agent in its capacity as such (to the extent not reimbursed by ABRCF and the Administrator and without limiting the obligation of ABRCF and the
Administrator to do so), ratably according to its respective APA Bank Percentage in effect on the date on which indemnification is sought under this Section&nbsp;10.7 (or if indemnification is sought after the date upon which the Commitments shall
have been terminated, ratably in accordance with its APA Bank Percentage at the time of termination) from and against any and all liabilities, obligations, losses, damages, penalties, actions, judgments, suits, costs, expenses or disbursements of
any kind whatsoever which may at any time be imposed on, incurred by or asserted against such Funding Agent in any way relating to or arising out of this Supplement, any of the other Related Documents or any documents contemplated by or referred to
herein or therein or the transactions contemplated hereby or thereby or any action taken or omitted by such Funding Agent under or in connection with any of the foregoing; <U>provided</U> that no APA Bank shall be liable for the payment of any
portion of such liabilities, obligations, losses, damages, penalties, actions, judgments, suits, costs, expenses or disbursements that are found by a final and nonappealable decision of a court of competent jurisdiction to have resulted from such
related Funding Agent&#146;s gross negligence or willful misconduct. The agreements in this Section shall survive the payment of all amounts payable hereunder. </P>
<P STYLE="margin-top:24pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>ARTICLE XI </B></P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>GENERAL
</B></P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;11.1. <U>Successors and Assigns</U>. (a)&nbsp;This Supplement shall be binding upon and inure to the benefit of the
parties hereto and their respective successors and assigns, except that (i)&nbsp;ABRCF may not assign or transfer any of its rights under this Supplement without the prior written consent of all of the Series
<FONT STYLE="white-space:nowrap">2015-3</FONT> Noteholders, (ii)&nbsp;no <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser may assign or transfer any of its rights under this Supplement other than pursuant to paragraph (e)&nbsp;or (f)
below, (iii)&nbsp;no CP Conduit Purchaser may assign or transfer any of its rights under this Supplement other </P>
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than in accordance with the Asset Purchase Agreement with respect to such CP Conduit Purchaser or otherwise to the APA Bank with respect to such CP Conduit Purchaser or a Program Support Provider
with respect to such CP Conduit Purchaser or pursuant to clause (b)&nbsp;or (e) below of this Section&nbsp;11.1, (iv) no APA Bank may assign or transfer any of its rights or obligations under this Supplement except to a Program Support Provider or
pursuant to clause (c), (d) or (e)&nbsp;below of this Section&nbsp;11.1 and (v)&nbsp;no Committed Note Purchaser may assign or transfer any of its rights under this Supplement unless such assignment or transfer is to ABG or an Affiliate of ABG
pursuant to a transfer supplement, substantially in the form of <U>Exhibit P</U> (the &#147;<U>Class</U><U></U><U>&nbsp;R Supplement</U>&#148;), executed by such acquiring Committed Note Purchaser, such assigning Committed Note Purchaser and the
Administrative Agent, ABRCF and the Administrator and delivered to the Administrative Agent. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(b) Without limiting the foregoing, each CP
Conduit Purchaser may assign all or a portion of the Purchaser Group Invested Amount with respect to such CP Conduit Purchaser and its rights and obligations under this Supplement and any other Related Documents to which it is a party to a Conduit
Assignee with respect to such CP Conduit Purchaser. Prior to or concurrently with the effectiveness of any such assignment (or if impracticable, immediately thereafter), the assigning CP Conduit Purchaser shall notify the Administrative Agent,
ABRCF, the Trustee and the Administrator thereof. Upon such assignment by a CP Conduit Purchaser to a Conduit Assignee, (A)&nbsp;such Conduit Assignee shall be the owner of the Purchaser Group Invested Amount or such portion thereof with respect to
such CP Conduit Purchaser, (B)&nbsp;the related administrative or managing agent for such Conduit Assignee will act as the administrative agent for such Conduit Assignee hereunder, with all corresponding rights and powers, express or implied,
granted to the Funding Agent hereunder or under the other Related Documents, (C)&nbsp;such Conduit Assignee and its liquidity support provider(s) and credit support provider(s) and other related parties shall have the benefit of all the rights and
protections provided to such CP Conduit Purchaser herein and in the other Related Documents (including, without limitation, any limitation on recourse against such Conduit Assignee as provided in this paragraph), (D) such Conduit Assignee shall
assume all of such CP Conduit Purchaser&#146;s obligations, if any, hereunder or under the Base Indenture or under any other Related Document with respect to such portion of the Purchaser Group Invested Amount and such CP Conduit Purchaser shall be
released from such obligations, (E)&nbsp;all distributions in respect of the Purchaser Group Invested Amount or such portion thereof with respect to such CP Conduit Purchaser shall be made to the applicable agent or administrative agent, as
applicable, on behalf of such Conduit Assignee, (F)&nbsp;the definitions of the terms &#147;Monthly Funding Costs&#148; and &#147;Discount&#148; shall be determined in the manner set forth in the definition of &#147;Monthly Funding Costs&#148; and
&#147;Discount&#148; applicable to such CP Conduit Purchaser on the basis of the interest rate or discount applicable to commercial paper issued by such Conduit Assignee (rather than such CP Conduit Purchaser), (G)&nbsp;the defined terms and other
terms and provisions of this Supplement, the Base Indenture and the other Related Documents shall be interpreted in accordance with the foregoing, and (H)&nbsp;if requested by the Administrative Agent or the agent or administrative agent with
respect to the Conduit Assignee, the parties will execute and deliver such further agreements and documents and take such other actions as the Administrative Agent or such agent or administrative agent may reasonably request to evidence and give
effect to the foregoing. No assignment by any CP Conduit Purchaser to a Conduit Assignee of the Purchaser Group Invested Amount with respect to such CP Conduit Purchaser shall in any way diminish the obligations of the APA Bank with respect to such
CP Conduit Purchaser under Section&nbsp;2.3 to fund any Increase. </P>
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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(c) Any APA Bank may, in the ordinary course of its business and in accordance with
applicable law, at any time sell all or any part of its rights and obligations under this Supplement and the Class&nbsp;A Notes, with the prior written consent of the Administrative Agent, ABRCF and the Administrator (in each case, which consent
shall not be unreasonably withheld), to one or more banks (an &#147;<U>Acquiring APA Bank</U>&#148;) pursuant to a transfer supplement, substantially in the form of <U>Exhibit H</U> (the &#147;<U>Transfer Supplement</U>&#148;), executed by such
Acquiring APA Bank, such assigning APA Bank, the Funding Agent with respect to such APA Bank, the Administrative Agent, ABRCF and the Administrator and delivered to the Administrative Agent. Notwithstanding the foregoing, no APA Bank shall so sell
its rights hereunder if such Acquiring APA Bank is not an Eligible Assignee. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(d) Any APA Bank may, in the ordinary course of its business
and in accordance with applicable law, at any time sell to one or more financial institutions or other entities (&#147;<U>APA Bank Participants</U>&#148;) participations in its APA Bank Percentage of the Commitment Amount with respect to it and the
other APA Banks included in the related CP Conduit Purchaser Group, its Class&nbsp;A Note and its rights hereunder pursuant to documentation in form and substance satisfactory to such APA Bank and the APA Bank Participant; <U>provided</U>,
<U>however</U>, that (i)&nbsp;in the event of any such sale by an APA Bank to an APA Bank Participant, (A)&nbsp;such APA Bank&#146;s obligations under this Supplement shall remain unchanged, (B)&nbsp;such APA Bank shall remain solely responsible for
the performance thereof and (C)&nbsp;ABRCF and the Administrative Agent shall continue to deal solely and directly with such APA Bank in connection with its rights and obligations under this Supplement and (ii)&nbsp;no APA Bank shall sell any
participating interest under which the APA Bank Participant shall have rights to approve any amendment to, or any consent or waiver with respect to, this Supplement, the Base Indenture or any Related Document, except to the extent that the approval
of such amendment, consent or waiver otherwise would require the unanimous consent of all APA Banks hereunder. An APA Bank Participant shall have the right to receive Article VII Costs but only to the extent that the related selling APA Bank would
have had such right absent the sale of the related participation and, with respect to amounts due pursuant to Section&nbsp;7.2, only to the extent such APA Bank Participant shall have complied with the provisions of Section&nbsp;7.2(e) and
(g)&nbsp;as if such APA Bank Participant were the Administrative Agent, a Funding Agent, a Program Support Provider or a member of a CP Conduit Purchaser Group. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(e) Any CP Conduit Purchaser and the APA Bank with respect to such CP Conduit Purchaser may at any time sell all or any part of their
respective rights and obligations, and any <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser may at any time sell all or any part of its rights and obligations, under this Supplement and the Class&nbsp;A Notes, with the prior written
consent of the Administrative Agent, ABRCF and the Administrator (in each case, which consent shall not be unreasonably withheld), (x) to a multi-seller commercial paper conduit and one or more banks providing support to such multi-seller commercial
paper conduit or (y)&nbsp;to a financial institution or other entity (an &#147;<U>Acquiring Purchaser Group</U>&#148;) pursuant to a transfer supplement, substantially in the form of <U>Exhibit I</U> (the &#147;<U>Purchaser Group
Supplement</U>&#148;), executed by such Acquiring Purchaser Group (including the CP Conduit Purchaser and the APA Banks, if any, with respect to such Acquiring Purchaser Group), the Funding Agent, if any, with respect to such Acquiring Purchaser
Group, such assigning Purchaser Group (including the APA Banks, if any, with respect to such assigning Purchaser Group), the Funding Agent, if any, with respect to such assigning Purchaser Group and the Administrative Agent, ABRCF and the
Administrator and delivered to the Administrative Agent. </P>
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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(f) Any <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser may, in the ordinary
course of its business and in accordance with applicable law, at any time sell to one or more financial institutions or other entities (&#147;<U><FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser Participants</U>&#148;) participations in
its Commitment, its Class&nbsp;A Note and its rights hereunder pursuant to documentation in form and substance satisfactory to such <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser and the
<FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser Participant; <U>provided</U>, <U>however</U>, that (i)&nbsp;in the event of any such sale by a <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser to a <FONT
STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser Participant, (A)&nbsp;such <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser&#146;s obligations under this Indenture Supplement shall remain unchanged, (B)&nbsp;such <FONT
STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser shall remain solely responsible for the performance thereof and (C)&nbsp;ABRCF and the Administrative Agent shall continue to deal solely and directly with such
<FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser in connection with its rights and obligations under this Indenture Supplement and (ii)&nbsp;no <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser shall sell any participating
interest under which the <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser Participant shall have rights to approve any amendment to, or any consent or waiver with respect to, this Supplement, the Base Indenture or any Related Document,
except to the extent that the approval of such amendment, consent or waiver otherwise would require the unanimous consent of all Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Noteholders hereunder. A
<FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser Participant shall have the right to receive Article VII Costs but only to the extent that the related selling <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser would have had
such right absent the sale of the related participation and, with respect to amounts due pursuant to Section&nbsp;7.2, only to the extent such <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser Participant shall have complied with the
provisions of Sections 7.2(e) and (g)&nbsp;as if such <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser Participant were a <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(g) ABRCF authorizes each APA Bank and <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser to disclose to any APA Bank Participant,
Acquiring APA Bank, <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser Participant or Acquiring Purchaser Group (each, a &#147;<U>Transferee</U>&#148;) and any prospective Transferee any and all financial information in such APA
Bank&#146;s or <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser&#146;s possession concerning ABRCF, the Collateral, the Administrator and the Related Documents which has been delivered to such APA Bank by ABRCF or the Administrator in
connection with such APA Bank&#146;s credit evaluation of ABRCF, the Collateral and the Administrator. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(h) Notwithstanding any other
provision of this Supplement to the contrary, (i)&nbsp;any <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser, any APA Bank or any Program Support Provider may at any time pledge or grant a security interest in all or any portion of its
rights under its Class&nbsp;A Note and this Supplement to secure obligations of such <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser, such APA Bank or such Program Support Provider to a Federal Reserve Bank or other central bank and
(ii)&nbsp;any CP Conduit Purchaser may at any time pledge or grant a security interest in all or any portion of its rights under the Class&nbsp;A Note held by its Funding Agent to any collateral trustee in order to comply with Rule <FONT
STYLE="white-space:nowrap">3a-7</FONT> under the Investment Company Act or otherwise to secure obligations of such CP Conduit Purchaser under its Commercial Paper, in each case without notice to or consent of the Administrative Agent, the Issuer or
the Administrator; <U>provided</U> that no such pledge or grant of a security interest shall release a <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser, a CP Conduit Purchaser or an APA Bank from any of its obligations hereunder or
substitute any such pledgee or grantee for such <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser, such CP Conduit Purchaser or such APA Bank as a party hereto. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;11.2. <U>Securities Law</U>. Each <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser, CP Conduit Purchaser, Committed
Note Purchaser and APA Bank hereby represents and warrants to ABRCF that it is an &#147;accredited investor&#148; as such term is defined in Rule 501(a) of Regulation D under the Securities Act and has sufficient assets to bear the economic risk of,
and sufficient knowledge and </P>
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experience in financial and business matters to evaluate the merits and risks of, its investment in a Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Note. Each <FONT
STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser, CP Conduit Purchaser, Committed Note Purchaser and APA Bank agrees that its Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Note will be acquired for investment only and not with a view
to any public distribution thereof, and that such <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser, CP Conduit Purchaser, Committed Note Purchaser and APA Bank will not offer to sell or otherwise dispose of its Series <FONT
STYLE="white-space:nowrap">2015-3</FONT> Note (or any interest therein) in violation of any of the registration requirements of the Securities Act, or any applicable state or other securities laws. Each Non-Conduit Purchaser, CP Conduit Purchaser,
Committed Note Purchaser and APA Bank acknowledges that it has no right to require ABRCF to register its Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Note under the Securities Act or any other securities law. Each <FONT
STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser, CP Conduit Purchaser, Committed Note Purchaser and APA Bank hereby confirms and agrees that in connection with any transfer by it of an interest in the Series
<FONT STYLE="white-space:nowrap">2015-3</FONT> Note, such <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser, CP Conduit Purchaser, Committed Note Purchaser or APA Bank has not engaged and will not engage in a general solicitation or
general advertising including advertisements, articles, notices or other communications published in any newspaper, magazine or similar media or broadcast over radio or television, or any seminar or meeting whose attendees have been invited by any
general solicitation or general advertising. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;11.3. <U>Adjustments; <FONT STYLE="white-space:nowrap">Set-off</FONT></U>.
(a)&nbsp;If any member of a Purchaser Group (a &#147;<U>Benefited Purchaser Group</U>&#148;) shall at any time receive in respect of its Purchaser Group Invested Amount any distribution of principal, interest, Commitment Fees or any interest
thereon, or receive any collateral in respect thereof (whether voluntarily or involuntarily, by <FONT STYLE="white-space:nowrap">set-off</FONT> or otherwise) in a greater proportion than any such distribution received by any other Purchaser Group,
if any, in respect of such other Purchaser Group&#146;s Purchaser Group Invested Amount, or interest thereon, such Benefited Purchaser Group shall purchase for cash from the other Purchaser Group such portion of such other Purchaser Group&#146;s
interest in the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Notes, or shall provide such other Purchaser Group with the benefits of any such collateral, or the proceeds thereof, as shall be necessary to cause such Benefited Purchaser Group
to share the excess payment or benefits of such collateral or proceeds ratably with the other Purchaser Group; <U>provided</U>, <U>however</U>, that if all or any portion of such excess payment or benefits is thereafter recovered from such Benefited
Purchaser Group, such purchase shall be rescinded, and the purchase price and benefits returned, to the extent of such recovery, but without interest. ABRCF agrees that any Purchaser Group so purchasing a portion of another Purchaser Group&#146;s
Purchaser Group Invested Amount may exercise all rights of payment (including, without limitation, rights of <FONT STYLE="white-space:nowrap">set-off)</FONT> with respect to such portion as fully as if such Purchaser Group were the direct holder of
such portion. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(b) In addition to any rights and remedies of the Purchaser Groups provided by law, each member of a Purchaser Group shall
have the right, without prior notice to ABRCF, any such notice being expressly waived by ABRCF to the extent permitted by applicable law, upon any amount becoming due and payable by ABRCF hereunder or under the Series
<FONT STYLE="white-space:nowrap">2015-3</FONT> Notes to <FONT STYLE="white-space:nowrap">set-off</FONT> and appropriate and apply against any and all deposits (general or special, time or demand, provisional or final), in any currency, and any other
credits, indebtedness or claims, in any currency, in each case whether direct or indirect, absolute or contingent, matured or unmatured, at any time held or owing by such Purchaser Group to or for the credit or the account of ABRCF. Each <FONT
STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser, CP Conduit Purchaser and APA Bank agrees promptly to notify ABRCF, the Administrator and the Administrative Agent after any such <FONT STYLE="white-space:nowrap">set-off</FONT> and application
made by such CP Conduit Purchaser or APA Bank; <U>provided</U> that the failure to give such notice shall not affect the validity of such <FONT STYLE="white-space:nowrap">set-off</FONT> and application. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">123 </P>

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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;11.4. <U>No Bankruptcy Petition</U> (a)&nbsp;Each of the Administrative Agent,
the <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchasers, the CP Conduit Purchasers, the Committed Note Purchasers, the APA Banks and the Funding Agents hereby covenants and agrees that, prior to the date which is one year and one day
after the later of payment in full of all Series of Notes, it will not institute against, or join any other Person in instituting against, ABRCF any bankruptcy, reorganization, arrangement, insolvency or liquidation proceedings, or other similar
proceedings under any federal or state bankruptcy or similar law. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(b) ABRCF, the Trustee, the Administrative Agent, the Administrator,
each CP Conduit Purchaser, each <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser, each Funding Agent, each Committed Note Purchaser and each APA Bank hereby covenants and agrees that, prior to the date which is one year and one day
after the payment in full of all outstanding Commercial Paper issued by, or for the benefit of, a CP Conduit Purchaser, it will not institute against, or join any other Person in instituting against, such CP Conduit Purchaser (or the Person issuing
Commercial Paper for the benefit of such CP Conduit Purchaser) any bankruptcy, reorganization, arrangement, insolvency or liquidation proceedings, or other similar proceedings under any federal or state bankruptcy or similar law. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(c) This covenant shall survive the termination of this Supplement and the Base Indenture and the payment of all amounts payable hereunder and
thereunder. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;11.5. <U>Limited Recourse</U> (a)&nbsp;Notwithstanding anything to the contrary contained herein, any
obligations of each CP Conduit Purchaser hereunder to any party hereto are solely the corporate or limited liability company obligations of such CP Conduit Purchaser and shall be payable at such time as funds are received by or are available to such
CP Conduit Purchaser in excess of funds necessary to pay in full all of its outstanding Commercial Paper and, to the extent funds are not available to pay such obligations, the claims relating thereto shall not constitute a claim against such CP
Conduit Purchaser but shall continue to accrue. Each party hereto agrees that the payment of any claim (as defined in Section&nbsp;101 of Title 11 of the Bankruptcy Code) of any such party against a CP Conduit Purchaser shall be subordinated to the
payment in full of all of its Commercial Paper. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(b) No recourse under any obligation, covenant or agreement of any CP Conduit Purchaser
contained herein shall be had against any incorporator, stockholder, member, officer, director, employee or agent of such CP Conduit Purchaser, its administrative agent, the Funding Agent with respect to such CP Conduit Purchaser or any of their
Affiliates by the enforcement of any assessment or by any legal or equitable proceeding, by virtue of any statute or otherwise; it being expressly agreed and understood that this Supplement is solely a corporate or limited liability company
obligation of such CP Conduit Purchaser individually, and that no personal liability whatever shall attach to or be incurred by any incorporator, stockholder, member, officer, director, employee or agent of such CP Conduit Purchaser, its
administrative agent, the Funding Agent with respect to such CP Conduit Purchaser or any of its Affiliates (solely by virtue of such capacity) or any of them under or by reason of any of the obligations, covenants or agreements of such CP Conduit
Purchaser contained in this Supplement, or implied therefrom, and </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">124 </P>

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 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">
that any and all personal liability for breaches by such CP Conduit Purchaser of any of such obligations, covenants or agreements, either at common law or at equity, or by statute, rule or
regulation, of every such incorporator, stockholder, member, officer, director, employee or agent is hereby expressly waived as a condition of and in consideration for the execution of this Supplement; <U>provided</U> that the foregoing shall not
relieve any such Person from any liability it might otherwise have as a result of fraudulent actions taken or omissions made by them. The provisions of this Section&nbsp;11.5 shall survive termination of this Supplement. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;11.6. <U>Costs and Expenses</U>. ABRCF agrees to pay on demand (x)&nbsp;all reasonable <FONT STYLE="white-space:nowrap"><FONT
STYLE="white-space:nowrap">out-of-pocket</FONT></FONT> costs and expenses of the Administrative Agent (including, without limitation, reasonable fees and disbursements of counsel to the Administrative Agent) and of each Purchaser Group (including in
connection with the preparation, execution and delivery of this Supplement the reasonable fees and disbursements of one counsel, other than counsel to the Administrative Agent, for all such Purchaser Groups) in connection with (i)&nbsp;the
preparation, execution and delivery of this Supplement and the other Related Documents and any amendments or waivers of, or consents under, any such documents (including the fees of any rating agency to confirm the commercial paper rating of the
related CP Conduit Purchaser) and (ii)&nbsp;the enforcement by the Administrative Agent, any <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser or any Funding Agent of the obligations and liabilities of ABRCF, the Lessors, the Lessees,
the Permitted Sublessees, the Intermediary and the Administrator under the Indenture, this Supplement, the other Related Documents or any related document and all costs and expenses, if any (including reasonable counsel fees and expenses), in
connection with the enforcement of this Supplement and the other Related Documents and (y)&nbsp;all reasonable out of pocket costs and expenses of the Administrative Agent (including, without limitation, reasonable fees and disbursements of counsel
to the Administrative Agent) in connection with the administration of this Supplement and the other Related Documents. Any payments made by ABRCF pursuant to this Section&nbsp;11.6 shall be made solely from funds available in the Series <FONT
STYLE="white-space:nowrap">2015-3</FONT> Distribution Account for the payment of Article VII Costs, shall be <FONT STYLE="white-space:nowrap">non-recourse</FONT> other than with respect to such funds, and shall not constitute a claim against ABRCF
to the extent that insufficient funds exist to make such payment. The agreements in this Section shall survive the termination of this Supplement and the Base Indenture and the payment of all amounts payable hereunder and thereunder. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;11.7. <U>Exhibits</U>. The following exhibits attached hereto supplement the exhibits included in the Base Indenture. </P>
<P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="82%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" ALIGN="center">


<TR>

<TD WIDTH="14%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="85%"></TD></TR>


<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="bottom"><U>Exhibit&nbsp;A:</U></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Forms of Variable Funding Note</P></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; font-size:10pt; font-family:Times New Roman"><U><FONT STYLE="white-space:nowrap">Exhibit&nbsp;A-1</FONT></U></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Form of Variable Funding Note, Class&nbsp;A</P></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; font-size:10pt; font-family:Times New Roman"><U><FONT STYLE="white-space:nowrap">Exhibit&nbsp;A-2</FONT></U></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Form of Variable Funding Note, Class&nbsp;R</P></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="4"></TD>
<TD HEIGHT="4" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="bottom"><U>Exhibit&nbsp;B:</U></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Form of Increase Notice</P></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="4"></TD>
<TD HEIGHT="4" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="bottom"><U>Exhibit&nbsp;C:</U></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Form of Consent</P></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="4"></TD>
<TD HEIGHT="4" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="bottom"><U>Exhibit&nbsp;D:</U></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Form of Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Demand Note</P></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="4"></TD>
<TD HEIGHT="4" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="bottom"><U>Exhibit&nbsp;E:</U></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Form of Multi-Series Letter of Credit</P></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="4"></TD>
<TD HEIGHT="4" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="bottom"><U>Exhibit&nbsp;F:</U></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Form of Lease Payment Deficit Notice</P></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="4"></TD>
<TD HEIGHT="4" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="bottom"><U>Exhibit&nbsp;G:</U></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Form of Demand Notice</P></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="4"></TD>
<TD HEIGHT="4" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="bottom"><U>Exhibit&nbsp;H:</U></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Form of Transfer Supplement</P></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="4"></TD>
<TD HEIGHT="4" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="bottom"><U>Exhibit&nbsp;I:</U></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Form of Purchaser Group
Supplement</P></TD></TR></TABLE>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">125 </P>

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<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="82%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" ALIGN="center">


<TR>

<TD WIDTH="14%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="85%"></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="4"></TD>
<TD HEIGHT="4" COLSPAN="2"></TD></TR>

<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="bottom"><U>Exhibit J:</U></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Form of Supplemental Indenture No.&nbsp;4 to the Base Indenture</P></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="4"></TD>
<TD HEIGHT="4" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="bottom"><U>Exhibit K:</U></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Form of Amendment to the Master Exchange Agreement</P></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="4"></TD>
<TD HEIGHT="4" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="bottom"><U>Exhibit L:</U></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Form of Amendment to the AESOP I Operating Lease</P></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="4"></TD>
<TD HEIGHT="4" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="bottom"><U>Exhibit M:</U></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Form of Amendment to the Finance Lease</P></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="4"></TD>
<TD HEIGHT="4" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="bottom"><U>Exhibit N:</U></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Form of Amendment to the AESOP I Operating Lease Loan Agreement</P></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="4"></TD>
<TD HEIGHT="4" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="bottom"><U>Exhibit O:</U></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Form of Amendment to the AESOP I Finance Lease Loan Agreement</P></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="4"></TD>
<TD HEIGHT="4" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="bottom"><U>Exhibit P:</U></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Form of Class&nbsp;R Supplement</P></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="4"></TD>
<TD HEIGHT="4" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="bottom"><U>Exhibit Q:</U></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Form of Amendment to the Escrow Agreement</P></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="4"></TD>
<TD HEIGHT="4" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="bottom"><U>Exhibit R:</U></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Form of Amendment to Administration Agreement</P></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="4"></TD>
<TD HEIGHT="4" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="bottom"><U>Exhibit S:</U></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Form of Amendment to the AESOP II Operating Lease</P></TD></TR>
</TABLE> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;11.8. <U>Ratification of Base Indenture</U>. As supplemented by this Supplement, the Base
Indenture is in all respects ratified and confirmed and the Base Indenture as so supplemented by this Supplement shall be read, taken, and construed as one and the same instrument. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;11.9. <U>Counterparts</U>. This Supplement may be executed in any number of counterparts, each of which so executed shall be
deemed to be an original, but all of such counterparts shall together constitute but one and the same instrument. Delivery of an executed counterpart of a signature page to this Supplement by facsimile or electronic mail in a &#147;pdf&#148; file
shall be effective as delivery of a manually executed counterpart of this Supplement. The parties agree that this Supplement may be executed and delivered by electronic signatures and that the signatures appearing on this Supplement are the same as
handwritten signatures for the purposes of validity, enforceability and admissibility. The words &#147;execution,&#148; &#147;signed,&#148; &#147;signature,&#148; &#147;delivery,&#148; and words of like import in or relating to this Supplement or
any document to be signed in connection with this Supplement shall be deemed to include electronic signatures, deliveries or the keeping of records in electronic form. Any document accepted, executed or agreed to in conformity with such laws will be
binding on all parties hereto to the same extent as if it were physically executed and each party hereby consents to the use of any third party electronic signature capture service providers as may be reasonably chosen by a signatory hereto. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;11.10. <U>Governing Law</U>. This Supplement shall be construed in accordance with the law of the State of New&nbsp;York, and the
obligations, rights and remedies of the parties hereto shall be determined in accordance with such law. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;11.11.
<U>Amendments</U>. This Supplement may be modified or amended from time to time in accordance with the terms of the Base Indenture; <U>provided</U>, <U>however</U>, that if, pursuant to the terms of the Base Indenture or this Supplement, the consent
of the Required Noteholders is required for an amendment or modification of this Supplement, such requirement shall be satisfied if such amendment or modification is consented to by the Requisite Noteholders and the Class&nbsp;R Noteholders;
<U>provided</U>, <U>further</U>, that any amendment that would materially and adversely affect any Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Noteholder shall also require that Standard&nbsp;&amp; Poor&#146;s has confirmed that such
amendment shall not result in a withdrawal or downgrade of the rating of the </P>
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Commercial Paper issued by, or for the benefit of, any CP Conduit Purchaser whose Commercial Paper is rated by Standard&nbsp;&amp; Poor&#146;s at the time of such amendment; <U>provided</U>,
<U>further</U>, that notwithstanding any of the foregoing to the contrary, the Administrative Agent and ABRCF shall have the ability to replace the LIBO Rate with a Benchmark Replacement and the Administrative Agent and ABRCF shall have the ability
to make any related Benchmark Replacement Conforming Changes in accordance with the terms of Section&nbsp;7.4. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;11.12.
<U>Discharge of Indenture</U>. Notwithstanding anything to the contrary contained in the Base Indenture, no discharge of the Indenture pursuant to Section&nbsp;11.1(b) of the Base Indenture will be effective as to the Series <FONT
STYLE="white-space:nowrap">2015-3</FONT> Notes without the consent of the Requisite Noteholders and the Class&nbsp;R Noteholders. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;11.13. <U>Capitalization of ABRCF</U>. ABRCF agrees that on the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Closing
Date and on the date of any increase in the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Maximum Invested Amount it will have capitalization in an amount equal to or greater than 3% of the sum of (x)&nbsp;the Series <FONT
STYLE="white-space:nowrap">2015-3</FONT> Maximum Invested Amount and (y)&nbsp;the invested amount of each other Series of Notes outstanding on such date. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;11.14. <U>Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Demand Notes</U>. Other than pursuant to a demand thereon
pursuant to Section&nbsp;3.5, ABRCF shall not reduce the amount of the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Demand Notes or forgive amounts payable thereunder so that the outstanding principal amount of the Series <FONT
STYLE="white-space:nowrap">2015-3</FONT> Demand Notes after such reduction or forgiveness is less than the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Allocated Multi-Series Letter of Credit Liquidity Amount. ABRCF shall not agree to any
amendment of the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Demand Notes without the consent of the Requisite Noteholders and without first satisfying the Rating Agency Confirmation Condition and the Rating Agency Consent Condition. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;11.15. <U>Termination of Supplement</U>. This Supplement shall cease to be of further effect when all outstanding Series <FONT
STYLE="white-space:nowrap">2015-3</FONT> Notes theretofore authenticated and issued have been delivered (other than destroyed, lost, or stolen Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Notes which have been replaced or paid) to the
Trustee for cancellation and ABRCF has paid all sums payable hereunder and, if the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Demand Note Payment Amount on the Multi-Series Letter of Credit Termination Date was greater than zero, the
Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Cash Collateral Account Surplus shall equal zero, the Demand Note Preference Payment Amount shall have been reduced to zero and all amounts have been withdrawn from the Series <FONT
STYLE="white-space:nowrap">2015-3</FONT> Cash Collateral Account in accordance with Section&nbsp;3.8(h). </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;11.16.
<U>Collateral Representations and Warranties of ABRCF</U>. ABRCF hereby represents and warrants to the Trustee, the Administrative Agent, each Funding Agent, each Purchaser Group and each Committed Note Purchaser that: </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(a) the Base Indenture creates a valid and continuing security interest (as defined in the applicable UCC) in the Collateral in
favor of the Trustee for the benefit of the Noteholders, which security interest is prior to all other liens, and is enforceable as such as against creditors of and purchasers from ABRCF. This Supplement will create a valid and continuing security
interest (as defined in the applicable UCC) in the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Collateral in favor of the Trustee for the benefit of the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Noteholders, which security
interest is prior to all other liens, and is enforceable as such as against creditors of and purchasers from ABRCF. </P>
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 <P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(b) The Collateral and the Series
<FONT STYLE="white-space:nowrap">2015-3</FONT> Collateral (in each case, other than the Vehicles) consist of &#147;instruments,&#148; &#147;general intangibles&#148; and &#147;deposit accounts&#148; within the meaning of the applicable UCC. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(c) ABRCF owns and has good and marketable title to the Collateral and the Series
<FONT STYLE="white-space:nowrap">2015-3</FONT> Collateral free and clear of any lien, claim or encumbrance of any Person. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(d) With respect to the portion of the Collateral that consists of instruments, all original executed copies of each instrument
that constitute or evidence part of the Collateral have been delivered to the Trustee. None of the instruments that constitute or evidence the Collateral have any marks or notations indicating that they have been pledged, assigned or otherwise
conveyed to any Person other than the Trustee. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(e) With respect to the portion of the Collateral that consists of general
intangibles, ABRCF has caused the filing of all appropriate financing statements in the proper filing office in the appropriate jurisdictions under applicable law in order to perfect the security interest in the Collateral granted to the Trustee
under the Base Indenture. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(f) With respect to the portion of the Collateral and the Series
<FONT STYLE="white-space:nowrap">2015-3</FONT> Collateral that consists of deposit or securities accounts maintained with a bank other than the Trustee (collectively, the &#147;<U>Bank Accounts</U>&#148;), ABRCF has delivered to the Trustee a fully
executed agreement pursuant to which the bank maintaining the Bank Accounts has agreed to comply with all instructions originated by the Trustee directing disposition of the funds in the Bank Accounts without further consent by ABRCF. The Bank
Accounts are not in the name of any person other than ABRCF or the Trustee. ABRCF has not consented to the bank maintaining the Bank Accounts to comply with instructions of any person other than the Trustee. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(g) Other than the security interest granted to the Trustee under the Base Indenture and this Supplement, ABRCF has not
pledged, assigned, sold, granted a security interest in, or otherwise conveyed any of the Collateral or the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Collateral. ABRCF has not authorized the filing of and is not aware of any financing
statements against ABRCF that includes a description of collateral covering the Collateral other than any financing statement under the Base Indenture or that has been terminated. ABRCF is not aware of any judgment or tax lien filings against ABRCF.
</P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(h) ABRCF has not authorized the filing of and is not aware of any financing statements against ABRCF that include a
description of collateral covering the Collateral other than any financing statements (i)&nbsp;relating to the security interest granted to the Trustee in the Base Indenture or (ii)&nbsp;that has been terminated. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;11.17. <U>No Waiver; Cumulative Remedies</U>. No failure to exercise and no delay in exercising, on the part of the Trustee, the
Administrative Agent, any <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser, any Funding Agent, any CP Conduit Purchaser or any APA Bank, any right, remedy, power or privilege hereunder shall operate as a waiver thereof; nor shall any
single or partial </P>
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exercise of any right, remedy, power or privilege hereunder preclude any other or further exercise thereof or the exercise of any other right, remedy, power or privilege. The rights, remedies,
powers and privileges herein provided are cumulative and not exhaustive of any rights, remedies, powers and privileges provided by law. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;11.18. <U>Waiver of Setoff</U>. Notwithstanding any other provision of this Supplement or any other agreement to the contrary,
all payments to the Administrative Agent, the <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchasers, the Funding Agents, the CP Conduit Purchasers and the APA Banks hereunder shall be made without
<FONT STYLE="white-space:nowrap">set-off</FONT> or counterclaim. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;11.19. <U>Notices</U>. All notices, requests, instructions
and demands to or upon any party hereto to be effective shall be given (i)&nbsp;in the case of ABRCF, the Administrator and the Trustee, in the manner set forth in Section&nbsp;13.1 of the Base Indenture and (ii)&nbsp;in the case of the
Administrative Agent, the <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchasers, the Committed Note Purchaser, the CP Conduit Purchasers, the APA Banks and the Funding Agents, in writing, and, unless otherwise expressly provided herein,
shall be deemed to have been duly given or made when delivered by hand or three days after being deposited in the mail, postage prepaid, in the case of facsimile or electronic mail notice, when received, or in the case of overnight air courier, one
Business Day after the date such notice is delivered to such overnight courier, addressed as follows in the case of the Administrative Agent and to the addresses therefor set forth in Schedule I, in the case of the
<FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchasers, the Committed Note Purchaser, the CP Conduit Purchasers, the APA Banks and the Funding Agents; or to such other address as may be hereafter notified by the respective parties hereto:
</P> <P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Administrative Agent: </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:9%; text-indent:4%; font-size:10pt; font-family:Times New Roman">JPMorgan Chase Bank, N.A. </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:9%; text-indent:4%; font-size:10pt; font-family:Times New Roman">c/o JPMorgan Securities LLC </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:9%; text-indent:4%; font-size:10pt; font-family:Times New Roman">10 South Dearborn - 16th Floor </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:9%; text-indent:4%; font-size:10pt; font-family:Times New Roman">Chicago, IL 60670 </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:9%; text-indent:4%; font-size:10pt; font-family:Times New Roman">Attention: Asset-Backed Finance Fax (312) <FONT STYLE="white-space:nowrap">732-1844</FONT> </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;11.20. <U>Confidential Information</U> (a)&nbsp;The Trustee and each Series <FONT STYLE="white-space:nowrap">2015-3</FONT>
Noteholder will maintain the confidentiality of all Confidential Information in accordance with procedures adopted by the Trustee or such Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Noteholder in good faith to protect Confidential
Information of third parties delivered to such Person; <U>provided</U>, that such Person may deliver or disclose Confidential Information to: (i)&nbsp;such Person&#146;s directors, trustees, officers, employees, agents, attorneys, independent or
internal auditors and affiliates who agree to hold confidential the Confidential Information substantially in accordance with the terms of this Section&nbsp;11.20; (ii)&nbsp;(x) such Person&#146;s financial advisors and other professional advisors
or (y)&nbsp;in the case of a CP Conduit Purchaser (or any administrative agent on its behalf), any collateral trustee appointed by such CP Conduit Purchaser in order to comply with Rule <FONT STYLE="white-space:nowrap">3a-7</FONT> under the
Investment Company Act, in each case, who agree to hold confidential the Confidential Information substantially in accordance with the terms of this Section&nbsp;11.20; (iii) any other Series <FONT STYLE="white-space:nowrap">2015-3</FONT>
Noteholder; (iv)&nbsp;any Person of the type that would be, to such Person&#146;s knowledge, permitted to acquire Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Notes in accordance with the requirements of the Indenture to which such Person
sells or offers to </P>
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sell any such Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Note or any part thereof or any participation therein and that agrees to hold confidential the Confidential Information
substantially in accordance with this Section&nbsp;11.20 (or in accordance with such other confidentiality procedures as are acceptable to ABRCF); (v) any federal or state or other regulatory, governmental or judicial authority having jurisdiction
over such Person; (vi)&nbsp;the National Association of Insurance Commissioners or any similar organization, or any nationally recognized rating agency that requires access to information about the investment portfolio of such Person, (vii)&nbsp;any
reinsurers or liquidity or credit providers that agree to hold confidential the Confidential Information substantially in accordance with this Section&nbsp;11.20 (or in accordance with such other confidentiality procedures as are acceptable to
ABRCF); (viii) any Person acting as a placement agent or dealer with respect to any commercial paper (provided that any Confidential Information provided to any such placement agent or dealer does not reveal the identity of ABG or any of its
Affiliates); (ix) any other Person with the consent of ABRCF; or (x)&nbsp;any other Person to which such delivery or disclosure may be necessary or appropriate (A)&nbsp;to effect compliance with any law, rule, regulation, statute or order applicable
to such Person, (B)&nbsp;in response to any subpoena or other legal process upon prior notice to ABRCF (unless prohibited by applicable law, rule, order or decree or other requirement having the force of law), (C) in connection with any litigation
to which such Person is a party upon prior notice to ABRCF (unless prohibited by applicable law, rule, order or decree or other requirement having the force of law) or (D)&nbsp;if an Amortization Event with respect to the Series <FONT
STYLE="white-space:nowrap">2015-3</FONT> Notes has occurred and is continuing, to the extent such Person may reasonably determine such delivery and disclosure to be necessary or appropriate in the enforcement or for the protection of the rights and
remedies under the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Notes, the Indenture or any other Related Document; and <U>provided</U>, <U>further</U>, <U>however</U>, that delivery to Series <FONT STYLE="white-space:nowrap">2015-3</FONT>
Noteholders of any report or information required by the terms of the Indenture to be provided to Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Noteholders shall not be a violation of this Section&nbsp;11.20. Each Series <FONT
STYLE="white-space:nowrap">2015-3</FONT> Noteholder agrees, except as set forth in clauses (v), (vi) and (x)&nbsp;above, that it shall use the Confidential Information for the sole purpose of making an investment in the Series <FONT
STYLE="white-space:nowrap">2015-3</FONT> Notes or administering its investment in the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Notes. In the event of any required disclosure of the Confidential Information by such Series <FONT
STYLE="white-space:nowrap">2015-3</FONT> Noteholder, such Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Noteholder agrees to use reasonable efforts to protect the confidentiality of the Confidential Information. Each Series <FONT
STYLE="white-space:nowrap">2015-3</FONT> Noteholder, by its acceptance of a Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Note, will be deemed to have agreed to be bound by and to be entitled to the benefits of this Section&nbsp;11.20. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(b) For the purposes of this Section&nbsp;11.20, &#147;Confidential Information&#148; means information delivered to the Trustee or any Series
<FONT STYLE="white-space:nowrap">2015-3</FONT> Noteholder by or on behalf of ABRCF in connection with and relating to the transactions contemplated by or otherwise pursuant to the Indenture and the Related Documents; <U>provided</U>, that such term
does not include information that: (i)&nbsp;was publicly known or otherwise known to the Trustee or such Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Noteholder prior to the time of such disclosure; (ii)&nbsp;subsequently becomes publicly
known through no act or omission by the Trustee, any Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Noteholder or any person acting on behalf of the Trustee or any Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Noteholder;
(iii)&nbsp;otherwise is known or becomes known to the Trustee or any Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Noteholder other than (x)&nbsp;through disclosure by ABRCF or (y)&nbsp;as a result of the breach of a fiduciary duty to ABRCF
or a contractual duty to ABRCF; or (iv)&nbsp;is allowed to be treated as <FONT STYLE="white-space:nowrap">non-confidential</FONT> by consent of ABRCF. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;11.21. <U>Information</U>. (a)&nbsp;The Trustee shall promptly provide to the Administrative Agent a copy of each notice, opinion
of counsel, certificate or other item delivered to, or required to be provided by, the Trustee pursuant to this Supplement or any other Related Document. </P>
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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(b) ABRCF shall promptly provide to the Administrative Agent a copy of the financial
information and&nbsp;any other materials required to be delivered to ABRCF pursuant to Section&nbsp;31.5(i) and (ii)&nbsp;under the Leases. The Administrative Agent shall provide copies of all such information and other materials furnished to it by
ABRCF pursuant to this Section&nbsp;11.21 to each Funding Agent and each <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;11.22. <U>Waiver of Jury Trial, etc.</U> EACH OF THE PARTIES HERETO HEREBY KNOWINGLY, VOLUNTARILY AND INTENTIONALLY WAIVES (TO
THE EXTENT PERMITTED BY APPLICABLE LAW) ANY RIGHTS IT MAY HAVE TO A TRIAL BY JURY IN RESPECT OF ANY LITIGATION BASED HEREON, OR ARISING OUT OF, UNDER, OR IN CONNECTION WITH, THIS SUPPLEMENT, THE SERIES <FONT STYLE="white-space:nowrap">2015-3</FONT>
NOTES OR ANY OTHER SERIES <FONT STYLE="white-space:nowrap">2015-3</FONT> DOCUMENTS, OR ANY COURSE OF CONDUCT, COURSE OF DEALING, STATEMENTS (WHETHER ORAL OR WRITTEN), OR ACTIONS OF THE PARTIES HERETO. THIS PROVISION IS A MATERIAL INDUCEMENT FOR THE
PARTIES HERETO TO ENTER INTO THIS SUPPLEMENT. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;11.23. <U>Submission to Jurisdiction.</U> EACH OF THE PARTIES HERETO HEREBY
IRREVOCABLY SUBMITS (TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW) TO THE <FONT STYLE="white-space:nowrap">NON-EXCLUSIVE</FONT> JURISDICTION OF ANY NEW YORK STATE OR FEDERAL COURT SITTING IN THE BOROUGH OF MANHATTAN, NEW YORK CITY, STATE OF
NEW&nbsp;YORK, OVER ANY ACTION OR PROCEEDING ARISING OUT OF OR RELATING TO THIS SUPPLEMENT, THE SERIES <FONT STYLE="white-space:nowrap">2015-3</FONT> NOTES OR ANY OTHER SERIES <FONT STYLE="white-space:nowrap">2015-3</FONT> DOCUMENT AND EACH OF THE
PARTIES HERETO HEREBY IRREVOCABLY AGREES THAT ALL CLAIMS IN RESPECT OF SUCH ACTION OR PROCEEDING MAY BE HEARD AND DETERMINED IN SUCH NEW YORK STATE OR FEDERAL COURT. EACH OF THE PARTIES HERETO EACH HEREBY IRREVOCABLY WAIVES, TO THE FULLEST EXTENT
PERMITTED BY LAW, ANY OBJECTION EACH MAY NOW OR HEREAFTER HAVE, TO THE LAYING OF VENUE IN ANY SUCH ACTION OR PROCEEDING IN ANY SUCH COURT AS WELL AS ANY RIGHT EACH MAY NOW OR HEREAFTER HAVE, TO REMOVE ANY SUCH ACTION OR PROCEEDING, ONCE COMMENCED,
TO ANOTHER COURT ON THE GROUNDS OF <U>FORUM</U> <U>NON</U> <U>CONVENIENS</U> OR OTHERWISE. NOTHING CONTAINED HEREIN SHALL PRECLUDE ANY PARTY HERETO FROM BRINGING AN ACTION OR PROCEEDING ARISING OUT OF OR RELATING TO THIS SUPPLEMENT, THE SERIES <FONT
STYLE="white-space:nowrap">2015-3</FONT> NOTES OR ANY OTHER SERIES <FONT STYLE="white-space:nowrap">2015-3</FONT> DOCUMENT IN ANY OTHER COUNTRY, STATE OR PLACE HAVING JURISDICTION OVER SUCH ACTION OR PROCEEDING. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;11.24. <U>Reserved</U>. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;11.25. <U>Consent to Certain Amendments</U>. Each Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Noteholder, by executing
this Supplement, hereby agrees and consents to (i)&nbsp;the execution by ABRCF of a Supplemental Indenture to the Base Indenture substantially in the form of <U>Exhibit J</U> hereto, (ii)&nbsp;the execution of an amendment to the Master Exchange
Agreement substantially in the form of <U>Exhibit K</U> hereto, (iii)&nbsp;the execution of an amendment to the AESOP I Operating Lease in the form of </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">131 </P>

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<U>Exhibit L</U> hereto, (iv)&nbsp;the execution of an amendment to the Finance Lease in the form of <U>Exhibit M</U> hereto, (v)&nbsp;the execution of an amendment to the AESOP I Operating Lease
Loan Agreement in the form of <U>Exhibit N</U> hereto, (vi)&nbsp;the execution of an amendment to the AESOP I Finance Lease Loan Agreement in the form of <U>Exhibit O</U> hereto, (vii)&nbsp;the execution of an amendment to the Escrow Agreement in
the form of Exhibit Q hereto and (viii)&nbsp;the execution of an amendment to the Administration Agreement in the form of <U>Exhibit R</U> hereto and (ix)&nbsp;the execution of an amendment to the AESOP II Operating Lease substantially in the form
of <U>Exhibit S</U> hereto. Such agreement and consent will apply to each proposed amendment set forth in <U>Exhibits J</U>, <U>K</U>, <U>L</U>, <U>M</U>, <U>N</U>, <U>O</U>, <U>Q</U>, <U>R</U> and <U>S</U> individually, and the failure to adopt any
of the amendments set forth therein will not revoke the agreement and consent with respect to any other amendment. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;11.26.
<U>U.S. Patriot Act Notice</U>. Each Funding Agent and <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser that is subject to the requirements of the U.S. Patriot Act (Title III of Pub.: <FONT STYLE="white-space:nowrap">107-56</FONT> (the
&#147;<U>Patriot Act</U>&#148;) hereby notifies ABRCF that, pursuant to Section&nbsp;326 thereof, it is required to obtain, verify and record information that identifies ABRCF, including the name and address of ABRCF and other information allowing
such Funding Agent and <FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser to identify ABRCF in accordance with the Patriot Act. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;11.27. <U>Acknowledgement Regarding Any Supported QFCs</U>. (a)&nbsp;To the extent that the Related Documents provide support,
through a guarantee or otherwise, for any Swap Agreement (including any Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Interest Rate Cap) or any other agreement or instrument that is a QFC (such support, &#147;<U>QFC Credit Support</U>&#148;,
and each such QFC, a &#147;<U>Supported QFC</U>&#148;), the parties acknowledge and agree as follows with respect to the resolution power of the Federal Deposit Insurance Corporation under the Federal Deposit Insurance Act and Title II of the
Dodd-Frank Act (together with the regulations promulgated thereunder, the &#147;<U>U.S. Special Resolution Regimes</U>&#148;) in respect of such Supported QFC and QFC Credit Support (with the provisions below applicable notwithstanding that the
Related Documents and any Supported QFC may in fact be stated to be governed by the laws of the State of New York and/or of the United States or any other state of the United States): (b) In the event a Covered Entity that is party to a Supported
QFC (each, a &#147;<U>Covered Party</U>&#148;) becomes subject to a proceeding under a U.S. Special Resolution Regime, the transfer of such Supported QFC and the benefit of such QFC Credit Support (and any interest and obligation in or under such
Supported QFC and such QFC Credit Support, and any rights in property securing such Supported QFC or such QFC Credit Support) from such Covered Party will be effective to the same extent as the transfer would be effective under the U.S. Special
Resolution Regime if the Supported QFC and such QFC Credit Support (and any such interest, obligation and rights in property) were governed by the laws of the United States or a state of the United States. In the event a Covered Party or a BHC Act
Affiliate of a Covered Party becomes subject to a proceeding under a U.S. Special Resolution Regime, Default Rights under the Related Documents that might otherwise apply to such Supported QFC or any QFC Credit Support that may be exercised against
such Covered Party are permitted to be exercised to no greater extent than such Default Rights could be exercised under the U.S. Special Resolution Regime if the Supported QFC and the Transaction Documents were governed by the laws of the United
States or a state of the United States. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">132 </P>

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 <P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(b) As used in this <U>Section</U><U></U><U>&nbsp;11.27</U>, the following
terms have the following meanings: </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#147;<U>BHC Act Affiliate</U>&#148; of a party means an &#147;affiliate&#148; (as such
term is defined under, and interpreted in accordance with, 12 U.S.C. 1841(k)) of such party. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#147;<U>Covered
Entity</U>&#148; means any of the following: (i)&nbsp;a &#147;covered entity&#148; as that term is defined in, and interpreted in accordance with, 12 C.F.R. &#167;&nbsp;252.82(b); (ii) a &#147;covered bank&#148; as that term is defined in, and
interpreted in accordance with, 12 C.F.R. &#167;&nbsp;47.3(b); or (iii)&nbsp;a &#147;covered FSI&#148; as that term is defined in, and interpreted in accordance with, 12&nbsp;C.F.R. &#167;&nbsp;382.2(b). </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#147;<U>Default Right</U>&#148; has the meaning assigned to that term in, and shall be interpreted in accordance with, 12
C.F.R. &#167;&#167; 252.81, 47.2 or 382.1, as applicable. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman"><B>&#147;</B><U>QFC</U>&#148;<B> </B>has the meaning assigned to the term
&#147;qualified financial contract&#148; in, and shall be interpreted in accordance with, 12 U.S.C. 5390(c)(8)(D). </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Section&nbsp;11.28.
<U>Acknowledgement and Consent to <FONT STYLE="white-space:nowrap">Bail-In</FONT> </U><U>of Affected Financial Institutions</U>. Notwithstanding anything to the contrary in this Supplement, in any Related Document or in any other agreement,
arrangement or understanding among any such parties, each party hereto acknowledges that any liability of any Affected Financial Institution arising under this Supplement or any Related Document may be subject to the Write-Down and Conversion Powers
of the applicable Resolution Authority and agrees and consents to, and acknowledges and agrees to be bound by: </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(a) the application of any
Write-Down and Conversion Powers by the applicable Resolution Authority to any such liabilities arising hereunder which may be payable to it by any party hereto that is an Affected Financial Institution; and </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(b) the effects of any <FONT STYLE="white-space:nowrap">Bail-In</FONT> Action on any such liability, including, if applicable: </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(i) a reduction in full or in part or cancellation of any such liability; </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(ii) a conversion of all, or a portion of, such liability into shares or other instruments of ownership in such Affected
Financial Institution, its parent entity, or a bridge institution that may be issued to it or otherwise conferred on it, and that such shares or other instruments of ownership will be accepted by it in lieu of any rights with respect to any such
liability under this Agreement or any other Loan Document; or </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(iii) the variation of the terms of such liability in
connection with the exercise of the Write-Down and Conversion Powers of the applicable Resolution Authority. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">133 </P>

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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">IN WITNESS WHEREOF, each of the parties hereto have caused this Supplement to be duly
executed by their respective duly authorized officers as of the date above first written. </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><DIV ALIGN="right">
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<TD VALIGN="top" COLSPAN="3"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">AVIS BUDGET RENTAL CAR FUNDING (AESOP) LLC, as Issuer</P></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">By:</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000">/s/ David Calabria</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">Name: David Calabria</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">Title: &nbsp;&nbsp;Senior Vice President and Treasurer</TD></TR>
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<TD VALIGN="top" COLSPAN="3"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">THE BANK OF NEW YORK MELLON TRUST COMPANY, N.A., as Trustee and Series <FONT
STYLE="white-space:nowrap">2015-3</FONT> Agent</P></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">By:</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000">/s/ Mitchell L. Brumwell</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">Name: Mitchell L. Brumwell</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">Title: &nbsp;&nbsp;Vice President</TD></TR>
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<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" COLSPAN="3"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">JPMORGAN CHASE BANK, N.A., as Administrative Agent</P></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">By:</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000">/s/ Adam J. Klimek</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">Name: Adam J. Klimek</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">Title: &nbsp;&nbsp;Executive Director</TD></TR>
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<TD VALIGN="top" COLSPAN="3">AGREED, ACKNOWLEDGED AND CONSENTED:</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="16" COLSPAN="3"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" COLSPAN="3"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">SHEFFIELD RECEIVABLES COMPANY LLC,<BR>as a CP Conduit Purchaser under the Series <FONT
STYLE="white-space:nowrap">2015-3</FONT> Supplement</P></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">By:</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000">/s/ John McCarthy</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">Name: John McCarthy</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">Title: &nbsp;&nbsp;Director</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="16" COLSPAN="3"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" COLSPAN="3"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">BARCLAYS BANK PLC,<BR>as an APA Bank under the Series
<FONT STYLE="white-space:nowrap">2015-3</FONT> Supplement</P></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">By:</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000">/s/ John McCarthy</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">Name: John McCarthy</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">Title: &nbsp;&nbsp;Director</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="16" COLSPAN="3"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" COLSPAN="3"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">BARCLAYS BANK PLC,<BR>as a Funding Agent under the Series <FONT
STYLE="white-space:nowrap">2015-3</FONT> Supplement</P></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">By:</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000">/s/ John McCarthy</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">Name: John McCarthy</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">Title: &nbsp;&nbsp;Director</TD></TR>
</TABLE>
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<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" COLSPAN="3"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">DEUTSCHE BANK AG, NEW YORK BRANCH<BR>as a
<FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchaser under the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Supplement</P></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">By:</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000">/s/ Katherine Bologna</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">Name: Katherine Bologna</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">Title:&nbsp;&nbsp; MD</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">By:</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000">/s/ Maureen Farley</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">Name: Maureen Farley</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">Title: &nbsp;&nbsp;Director</TD></TR>
</TABLE>
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<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" COLSPAN="3"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">AESOP LEASING, L.P.<BR>as a Committed Note Purchaser under the Series <FONT
STYLE="white-space:nowrap">2015-3</FONT> Supplement</P></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">By:</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000">/s/ David Calabria</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">Name: David Calabria</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">Title: &nbsp;&nbsp;Senior Vice President and Treasurer</TD></TR>
</TABLE>
</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">

<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="40%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt">


<TR>

<TD WIDTH="7%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="92%"></TD></TR>


<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" COLSPAN="3"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">AVIS BUDGET CAR RENTAL, LLC,<BR>as Administrator</P></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">By:</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000">/s/ David Calabria</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">Name: David Calabria</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">Title: &nbsp;&nbsp;Senior Vice President and Treasurer</TD></TR>
</TABLE>
</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><U>SCHEDULE I TO SECOND AMENDED AND RESTATED SERIES
<FONT STYLE="white-space:nowrap">2015-3</FONT> SUPPLEMENT </U></P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B><U>CP Conduit Purchaser Groups </U></B></P>
<P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:8pt" ALIGN="center">


<TR>

<TD WIDTH="1%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="14%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="13%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="13%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="13%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="13%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="13%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="13%"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:8pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:Times New Roman" ALIGN="center">CP Conduit</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:Times New Roman" ALIGN="center">APA Bank</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:Times New Roman" ALIGN="center">Funding Agent</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:Times New Roman" ALIGN="center">APA Bank<BR>Percentage</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:Times New Roman" ALIGN="center">Maximum<BR>Purchaser&nbsp;Group<BR>Invested&nbsp;Amount</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:Times New Roman" ALIGN="center">Conduit Type</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:Times New Roman" ALIGN="center">Purchased<BR>Percentage</P></TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">1.</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="center">Sheffield Receivables Company&nbsp;LLC</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="center">Barclays Bank&nbsp;PLC</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="center">Barclays Bank&nbsp;PLC</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="center">100%</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="center">$250,000,000</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="center">Pooled Funding Conduit Purchaser</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="center">50.0%</TD></TR>
</TABLE>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">S-1 </P>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B><U><FONT STYLE="white-space:nowrap">Non-Conduit</FONT> Purchasers </U></B></P>
<P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="68%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:8pt" ALIGN="center">


<TR>

<TD WIDTH="1%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="32%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="32%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="32%"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:8pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:Times New Roman" ALIGN="center"><FONT STYLE="white-space:nowrap">Non-Conduit</FONT>
Purchaser</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:Times New Roman" ALIGN="center">Maximum Purchaser Group&nbsp;Invested&nbsp;Amount</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:Times New Roman" ALIGN="center">Purchased Percentage</P></TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" ALIGN="center">1.</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Deutsche Bank AG, New&nbsp;York&nbsp;Branch</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="center">$250,000,000</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="center">50.0%</TD></TR>
</TABLE>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">S-2 </P>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B><U>Committed Note Purchasers </U></B></P>
<P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="68%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:8pt" ALIGN="center">


<TR>

<TD WIDTH="1%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="32%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="32%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="32%"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:8pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:Times New Roman" ALIGN="center">Committed Note Purchaser</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:Times New Roman" ALIGN="center">Class&nbsp;R Maximum Invested&nbsp;Amount</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:Times New Roman" ALIGN="center">Purchased Percentage</P></TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" ALIGN="center">1.</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">AESOP Leasing, L.P.</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="center">$30,250,000 (or such higher amount as provided in accordance with Section&nbsp;2.6(a) herein)</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="center">100.00%</TD></TR>
</TABLE>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">S-3 </P>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>TABLE OF CONTENTS </B></P>
<P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" ALIGN="center">


<TR>

<TD WIDTH="11%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="85%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:8pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Page</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" COLSPAN="3"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">ARTICLE&nbsp;I DEFINITIONS</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">2</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="8" COLSPAN="3"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" COLSPAN="3"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:7.00em; text-indent:-7.00em; font-size:10pt; font-family:Times New Roman">ARTICLE&nbsp;II PURCHASE AND SALE OF SERIES
<FONT STYLE="white-space:nowrap">2015-3</FONT> NOTES; INCREASES AND DECREASES OF SERIES <FONT STYLE="white-space:nowrap">2015-3</FONT> INVESTED AMOUNT</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">48</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="4"></TD>
<TD HEIGHT="4" COLSPAN="2"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;2.1.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Purchases of the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Notes</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">48</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;2.2.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Delivery</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">49</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;2.3.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Procedure for Initial Issuance and for Increasing the Series
<FONT STYLE="white-space:nowrap">2015-3</FONT> Invested Amount</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">50</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;2.4.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Sales by CP Conduit Purchasers of Class&nbsp;A Notes to APA Banks</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">54</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;2.5.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Procedure for Decreasing the Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Invested
Amount; Optional Termination</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">54</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;2.6.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Increases and Reductions of the Commitments; Extensions of the Commitments; Replacement of
Purchaser Groups</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">55</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;2.7.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Interest; Fees</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">59</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;2.8.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Indemnification by ABRCF</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">61</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;2.9.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Funding Agents</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">62</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="8" COLSPAN="3"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" COLSPAN="3"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:6.00em; text-indent:-6.00em; font-size:10pt; font-family:Times New Roman">ARTICLE III SERIES <FONT STYLE="white-space:nowrap">2015-3</FONT> ALLOCATIONS</P></TD>

<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">62</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="4"></TD>
<TD HEIGHT="4" COLSPAN="2"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;3.1.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Establishment of Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Collection Account, Series <FONT
STYLE="white-space:nowrap">2015-3</FONT> Excess Collection Account and Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Accrued Interest Account.</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">62</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;3.2.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Allocations with Respect to the Series <FONT STYLE="white-space:nowrap">2015-3</FONT>
Notes</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">63</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;3.3.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Payments to Noteholders</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">67</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;3.4.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Payment of Class&nbsp;A Senior Note Interest, Commitment Fees, Contingent Monthly Funding Costs
and Class&nbsp;R Monthly Note Interest</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">72</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;3.5.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Payment of Note Principal.</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">74</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;3.6.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Administrator&#146;s Failure to Instruct the Trustee to Make a Deposit or Payment</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">79</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;3.7.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Reserve Account</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">79</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;3.8.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Multi-Series Letters of Credit and Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Cash
Collateral Account.</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">81</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;3.9.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Distribution Account.</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">86</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;3.10.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Demand Notes Constitute Additional
Collateral for Class&nbsp;A Notes</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">87</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;3.11.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Interest Rate Caps</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">88</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;3.12.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Payments to Funding Agents, Purchaser Groups</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">88</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;3.13.&nbsp;&nbsp;</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Subordination of the Class&nbsp;R Notes</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">89</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR></TABLE>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">(i) </P>

</DIV></Center>


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<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" ALIGN="center">


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<TD></TD>
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<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="center"> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>TABLE OF CONTENTS</B></P>
<P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">(continued)</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD>
<TD HEIGHT="16" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:8pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Page</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR STYLE="font-size:1pt">
<TD HEIGHT="8" COLSPAN="3"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" COLSPAN="3"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:6.00em; text-indent:-6.00em; font-size:10pt; font-family:Times New Roman">ARTICLE IV AMORTIZATION EVENTS</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">90</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="8" COLSPAN="3"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" COLSPAN="3"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:6.00em; text-indent:-6.00em; font-size:10pt; font-family:Times New Roman">ARTICLE V RIGHT TO WAIVE PURCHASE RESTRICTIONS</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">92</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="8" COLSPAN="3"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" COLSPAN="3"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:6.00em; text-indent:-6.00em; font-size:10pt; font-family:Times New Roman">ARTICLE VI CONDITIONS PRECEDENT</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">94</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="4"></TD>
<TD HEIGHT="4" COLSPAN="2"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;6.1.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Conditions Precedent to Effectiveness of the Original Series
<FONT STYLE="white-space:nowrap">2015-3</FONT> Supplement</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">94</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;6.2.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Conditions Precedent to Effectiveness of this Supplement</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">97</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="8" COLSPAN="3"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" COLSPAN="3"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:6.00em; text-indent:-6.00em; font-size:10pt; font-family:Times New Roman">ARTICLE VII CHANGE IN CIRCUMSTANCES</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">99</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="4"></TD>
<TD HEIGHT="4" COLSPAN="2"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;7.1.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Increased Costs</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">99</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;7.2.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Taxes</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">100</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;7.3.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Break Funding Payments</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">103</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;7.4.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Alternate Rate of Interest</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">104</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;7.5.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Mitigation Obligations</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">107</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="8" COLSPAN="3"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" COLSPAN="3"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:6.00em; text-indent:-6.00em; font-size:10pt; font-family:Times New Roman">ARTICLE VIII REPRESENTATIONS AND WARRANTIES, COVENANTS</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">107</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="4"></TD>
<TD HEIGHT="4" COLSPAN="2"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;8.1.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Representations and Warranties of ABRCF and the Administrator</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">107</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;8.2.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Covenants of ABRCF and the Administrator</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">109</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="8" COLSPAN="3"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" COLSPAN="3"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:6.00em; text-indent:-6.00em; font-size:10pt; font-family:Times New Roman">ARTICLE IX THE ADMINISTRATIVE AGENT</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">112</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="4"></TD>
<TD HEIGHT="4" COLSPAN="2"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;9.1.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Appointment</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">112</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;9.2.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Delegation of Duties</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">113</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;9.3.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Exculpatory Provisions</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">113</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;9.4.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Reliance by Administrative Agent</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">113</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;9.5.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Notice of Administrator Default or Amortization Event or Potential Amortization Event</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">114</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;9.6.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman"><FONT STYLE="white-space:nowrap">Non-Reliance</FONT> on the Administrative Agent and Other
Purchaser Groups</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">114</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;9.7.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Indemnification</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">115</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;9.8.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">The Administrative Agent in Its Individual Capacity</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">115</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;9.9.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Resignation of Administrative Agent; Successor Administrative Agent</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">115</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;9.10.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Erroneous Payments.</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">116</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="8" COLSPAN="3"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" COLSPAN="3"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:6.00em; text-indent:-6.00em; font-size:10pt; font-family:Times New Roman">ARTICLE X THE FUNDING AGENTS</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">117</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="4"></TD>
<TD HEIGHT="4" COLSPAN="2"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;10.1.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Appointment</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">117</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;10.2.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Delegation of Duties</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">117</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;10.3.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Exculpatory Provisions</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">117</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;10.4.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Reliance by Each Funding Agent</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">118</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;10.5.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Notice of Administrator Default or Amortization Event or Potential Amortization Event</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">118</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;10.6.&nbsp;&nbsp;</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman"><FONT STYLE="white-space:nowrap">Non-Reliance</FONT> on Each Funding Agent and Other CP Conduit
Purchaser Groups</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">118</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR></TABLE>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">(ii) </P>

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<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="center"> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>TABLE OF CONTENTS</B></P>
<P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">(continued)</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD>
<TD HEIGHT="16" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:8pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Page</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;10.7.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Indemnification</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">119</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="8" COLSPAN="3"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" COLSPAN="3"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:6.00em; text-indent:-6.00em; font-size:10pt; font-family:Times New Roman">ARTICLE XI GENERAL</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">119</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="4"></TD>
<TD HEIGHT="4" COLSPAN="2"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;11.1.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Successors and Assigns</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">119</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;11.2.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Securities Law</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">122</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;11.3.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Adjustments; <FONT STYLE="white-space:nowrap">Set-off</FONT></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">123</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;11.4.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">No Bankruptcy Petition</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">124</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;11.5.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Limited Recourse</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">124</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;11.6.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Costs and Expenses</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">125</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;11.7.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Exhibits</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">125</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;11.8.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Ratification of Base Indenture</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">126</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;11.9.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Counterparts</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">126</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;11.10.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Governing Law</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">126</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;11.11.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Amendments</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">126</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;11.12.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Discharge of Indenture</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">127</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;11.13.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Capitalization of ABRCF</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">127</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;11.14.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Series <FONT STYLE="white-space:nowrap">2015-3</FONT> Demand Notes</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">127</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;11.15.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Termination of Supplement</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">127</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;11.16.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Collateral Representations and Warranties of ABRCF</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">127</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;11.17.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">No Waiver; Cumulative Remedies</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">128</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;11.18.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Waiver of Setoff</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">129</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;11.19.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Notices</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">129</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;11.20.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Confidential Information</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">129</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;11.21.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Information</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">130</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;11.22.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Waiver of Jury Trial, etc.</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">131</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;11.23.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Submission to Jurisdiction.</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">131</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;11.24.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Reserved.</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">131</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;11.25.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Consent to Certain Amendments</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">131</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;11.26.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">U.S. Patriot Act Notice</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">132</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;11.27.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Acknowledgement Regarding Any Supported QFCs</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">132</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Section&nbsp;11.28.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Acknowledgement and Consent to <FONT STYLE="white-space:nowrap">Bail-In</FONT> of Affected
Financial Institutions</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">133</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
</TABLE>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">(iii) </P>

</DIV></Center>

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<DESCRIPTION>XBRL TAXONOMY EXTENSION LABEL LINKBASE
<TEXT>
<XBRL>
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<link:linkbase
  xmlns:link="http://www.xbrl.org/2003/linkbase"
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  <link:labelLink xlink:role="http://www.xbrl.org/2003/role/link" xlink:type="extended">
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_CoverAbstract" xlink:type="locator" xlink:label="dei_CoverAbstract" />
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    <link:loc xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_EntityCentralIndexKey" xlink:type="locator" xlink:label="dei_EntityCentralIndexKey" />
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityCentralIndexKey" xlink:to="dei_EntityCentralIndexKey_lbl" />
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    <link:loc xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_DocumentType" xlink:type="locator" xlink:label="dei_DocumentType" />
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentType" xlink:to="dei_DocumentType_lbl" />
    <link:label xml:lang="en-US" xlink:label="dei_DocumentType_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Document Type</link:label>
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    <link:loc xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_DocumentPeriodEndDate" xlink:type="locator" xlink:label="dei_DocumentPeriodEndDate" />
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentPeriodEndDate" xlink:to="dei_DocumentPeriodEndDate_lbl" />
    <link:label xml:lang="en-US" xlink:label="dei_DocumentPeriodEndDate_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Document Period End Date</link:label>
    <link:label xml:lang="en-US" xlink:label="dei_DocumentPeriodEndDate_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Document Period End Date</link:label>
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_EntityRegistrantName" xlink:type="locator" xlink:label="dei_EntityRegistrantName" />
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityRegistrantName" xlink:to="dei_EntityRegistrantName_lbl" />
    <link:label xml:lang="en-US" xlink:label="dei_EntityRegistrantName_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Entity Registrant Name</link:label>
    <link:label xml:lang="en-US" xlink:label="dei_EntityRegistrantName_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Entity Registrant Name</link:label>
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_EntityIncorporationStateCountryCode" xlink:type="locator" xlink:label="dei_EntityIncorporationStateCountryCode" />
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityIncorporationStateCountryCode" xlink:to="dei_EntityIncorporationStateCountryCode_lbl" />
    <link:label xml:lang="en-US" xlink:label="dei_EntityIncorporationStateCountryCode_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Entity Incorporation State Country Code</link:label>
    <link:label xml:lang="en-US" xlink:label="dei_EntityIncorporationStateCountryCode_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Entity Incorporation State Country Code</link:label>
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_EntityFileNumber" xlink:type="locator" xlink:label="dei_EntityFileNumber" />
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityFileNumber" xlink:to="dei_EntityFileNumber_lbl" />
    <link:label xml:lang="en-US" xlink:label="dei_EntityFileNumber_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Entity File Number</link:label>
    <link:label xml:lang="en-US" xlink:label="dei_EntityFileNumber_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Entity File Number</link:label>
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_EntityTaxIdentificationNumber" xlink:type="locator" xlink:label="dei_EntityTaxIdentificationNumber" />
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityTaxIdentificationNumber" xlink:to="dei_EntityTaxIdentificationNumber_lbl" />
    <link:label xml:lang="en-US" xlink:label="dei_EntityTaxIdentificationNumber_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Entity Tax Identification Number</link:label>
    <link:label xml:lang="en-US" xlink:label="dei_EntityTaxIdentificationNumber_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Entity Tax Identification Number</link:label>
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_EntityAddressAddressLine1" xlink:type="locator" xlink:label="dei_EntityAddressAddressLine1" />
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityAddressAddressLine1" xlink:to="dei_EntityAddressAddressLine1_lbl" />
    <link:label xml:lang="en-US" xlink:label="dei_EntityAddressAddressLine1_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Entity Address, Address Line One</link:label>
    <link:label xml:lang="en-US" xlink:label="dei_EntityAddressAddressLine1_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Entity Address, Address Line One</link:label>
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_EntityAddressCityOrTown" xlink:type="locator" xlink:label="dei_EntityAddressCityOrTown" />
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityAddressCityOrTown" xlink:to="dei_EntityAddressCityOrTown_lbl" />
    <link:label xml:lang="en-US" xlink:label="dei_EntityAddressCityOrTown_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Entity Address, City or Town</link:label>
    <link:label xml:lang="en-US" xlink:label="dei_EntityAddressCityOrTown_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Entity Address, City or Town</link:label>
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_EntityAddressStateOrProvince" xlink:type="locator" xlink:label="dei_EntityAddressStateOrProvince" />
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityAddressStateOrProvince" xlink:to="dei_EntityAddressStateOrProvince_lbl" />
    <link:label xml:lang="en-US" xlink:label="dei_EntityAddressStateOrProvince_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Entity Address, State or Province</link:label>
    <link:label xml:lang="en-US" xlink:label="dei_EntityAddressStateOrProvince_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Entity Address, State or Province</link:label>
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_EntityAddressPostalZipCode" xlink:type="locator" xlink:label="dei_EntityAddressPostalZipCode" />
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityAddressPostalZipCode" xlink:to="dei_EntityAddressPostalZipCode_lbl" />
    <link:label xml:lang="en-US" xlink:label="dei_EntityAddressPostalZipCode_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Entity Address, Postal Zip Code</link:label>
    <link:label xml:lang="en-US" xlink:label="dei_EntityAddressPostalZipCode_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Entity Address, Postal Zip Code</link:label>
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_CityAreaCode" xlink:type="locator" xlink:label="dei_CityAreaCode" />
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_CityAreaCode" xlink:to="dei_CityAreaCode_lbl" />
    <link:label xml:lang="en-US" xlink:label="dei_CityAreaCode_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">City Area Code</link:label>
    <link:label xml:lang="en-US" xlink:label="dei_CityAreaCode_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">City Area Code</link:label>
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_LocalPhoneNumber" xlink:type="locator" xlink:label="dei_LocalPhoneNumber" />
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_LocalPhoneNumber" xlink:to="dei_LocalPhoneNumber_lbl" />
    <link:label xml:lang="en-US" xlink:label="dei_LocalPhoneNumber_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Local Phone Number</link:label>
    <link:label xml:lang="en-US" xlink:label="dei_LocalPhoneNumber_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Local Phone Number</link:label>
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_WrittenCommunications" xlink:type="locator" xlink:label="dei_WrittenCommunications" />
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_WrittenCommunications" xlink:to="dei_WrittenCommunications_lbl" />
    <link:label xml:lang="en-US" xlink:label="dei_WrittenCommunications_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Written Communications</link:label>
    <link:label xml:lang="en-US" xlink:label="dei_WrittenCommunications_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Written Communications</link:label>
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_SolicitingMaterial" xlink:type="locator" xlink:label="dei_SolicitingMaterial" />
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_SolicitingMaterial" xlink:to="dei_SolicitingMaterial_lbl" />
    <link:label xml:lang="en-US" xlink:label="dei_SolicitingMaterial_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Soliciting Material</link:label>
    <link:label xml:lang="en-US" xlink:label="dei_SolicitingMaterial_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Soliciting Material</link:label>
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_PreCommencementTenderOffer" xlink:type="locator" xlink:label="dei_PreCommencementTenderOffer" />
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_PreCommencementTenderOffer" xlink:to="dei_PreCommencementTenderOffer_lbl" />
    <link:label xml:lang="en-US" xlink:label="dei_PreCommencementTenderOffer_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Pre Commencement Tender Offer</link:label>
    <link:label xml:lang="en-US" xlink:label="dei_PreCommencementTenderOffer_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Pre Commencement Tender Offer</link:label>
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_PreCommencementIssuerTenderOffer" xlink:type="locator" xlink:label="dei_PreCommencementIssuerTenderOffer" />
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_PreCommencementIssuerTenderOffer" xlink:to="dei_PreCommencementIssuerTenderOffer_lbl" />
    <link:label xml:lang="en-US" xlink:label="dei_PreCommencementIssuerTenderOffer_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Pre Commencement Issuer Tender Offer</link:label>
    <link:label xml:lang="en-US" xlink:label="dei_PreCommencementIssuerTenderOffer_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Pre Commencement Issuer Tender Offer</link:label>
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_Security12bTitle" xlink:type="locator" xlink:label="dei_Security12bTitle" />
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_Security12bTitle" xlink:to="dei_Security12bTitle_lbl" />
    <link:label xml:lang="en-US" xlink:label="dei_Security12bTitle_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Security 12b Title</link:label>
    <link:label xml:lang="en-US" xlink:label="dei_Security12bTitle_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Security 12b Title</link:label>
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_TradingSymbol" xlink:type="locator" xlink:label="dei_TradingSymbol" />
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_TradingSymbol" xlink:to="dei_TradingSymbol_lbl" />
    <link:label xml:lang="en-US" xlink:label="dei_TradingSymbol_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Trading Symbol</link:label>
    <link:label xml:lang="en-US" xlink:label="dei_TradingSymbol_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Trading Symbol</link:label>
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_SecurityExchangeName" xlink:type="locator" xlink:label="dei_SecurityExchangeName" />
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    <link:label xml:lang="en-US" xlink:label="dei_SecurityExchangeName_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Security Exchange Name</link:label>
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_EntityEmergingGrowthCompany" xlink:type="locator" xlink:label="dei_EntityEmergingGrowthCompany" />
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityEmergingGrowthCompany" xlink:to="dei_EntityEmergingGrowthCompany_lbl" />
    <link:label xml:lang="en-US" xlink:label="dei_EntityEmergingGrowthCompany_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Entity Emerging Growth Company</link:label>
    <link:label xml:lang="en-US" xlink:label="dei_EntityEmergingGrowthCompany_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Entity Emerging Growth Company</link:label>
  </link:labelLink>
</link:linkbase>
</XBRL>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-101.PRE
<SEQUENCE>9
<FILENAME>car-20210618_pre.xml
<DESCRIPTION>XBRL TAXONOMY EXTENSION PRESENTATION LINKBASE
<TEXT>
<XBRL>
<?xml version="1.0" encoding="us-ascii" standalone="yes"?>
<!-- DFIN - https://www.dfinsolutions.com/ -->
<!-- CTU Version: Release master Build:20210621.2 -->
<!-- Creation date: 6/24/2021 12:29:18 AM Eastern Time -->
<!-- Copyright (c) 2021 Donnelley Financial Solutions, Inc. All Rights Reserved. -->
<link:linkbase
    xmlns:link="http://www.xbrl.org/2003/linkbase"
    xmlns:xlink="http://www.w3.org/1999/xlink"
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    <link:loc xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_EntityCentralIndexKey" xlink:type="locator" xlink:label="dei_EntityCentralIndexKey" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="dei_CoverAbstract" xlink:to="dei_EntityCentralIndexKey" order="23.001" priority="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_DocumentType" xlink:type="locator" xlink:label="dei_DocumentType" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="dei_CoverAbstract" xlink:to="dei_DocumentType" order="25.001" priority="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_DocumentPeriodEndDate" xlink:type="locator" xlink:label="dei_DocumentPeriodEndDate" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="dei_CoverAbstract" xlink:to="dei_DocumentPeriodEndDate" order="26.001" priority="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_EntityRegistrantName" xlink:type="locator" xlink:label="dei_EntityRegistrantName" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="dei_CoverAbstract" xlink:to="dei_EntityRegistrantName" order="27.001" priority="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
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    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="dei_CoverAbstract" xlink:to="dei_EntityIncorporationStateCountryCode" order="28.001" priority="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_EntityFileNumber" xlink:type="locator" xlink:label="dei_EntityFileNumber" />
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    <link:loc xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_EntityTaxIdentificationNumber" xlink:type="locator" xlink:label="dei_EntityTaxIdentificationNumber" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="dei_CoverAbstract" xlink:to="dei_EntityTaxIdentificationNumber" order="30.001" priority="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_EntityAddressAddressLine1" xlink:type="locator" xlink:label="dei_EntityAddressAddressLine1" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="dei_CoverAbstract" xlink:to="dei_EntityAddressAddressLine1" order="31.001" priority="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_EntityAddressCityOrTown" xlink:type="locator" xlink:label="dei_EntityAddressCityOrTown" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="dei_CoverAbstract" xlink:to="dei_EntityAddressCityOrTown" order="32.001" priority="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_EntityAddressStateOrProvince" xlink:type="locator" xlink:label="dei_EntityAddressStateOrProvince" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="dei_CoverAbstract" xlink:to="dei_EntityAddressStateOrProvince" order="33.001" priority="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_EntityAddressPostalZipCode" xlink:type="locator" xlink:label="dei_EntityAddressPostalZipCode" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="dei_CoverAbstract" xlink:to="dei_EntityAddressPostalZipCode" order="34.001" priority="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_CityAreaCode" xlink:type="locator" xlink:label="dei_CityAreaCode" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="dei_CoverAbstract" xlink:to="dei_CityAreaCode" order="35.001" priority="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_LocalPhoneNumber" xlink:type="locator" xlink:label="dei_LocalPhoneNumber" />
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    <link:loc xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_WrittenCommunications" xlink:type="locator" xlink:label="dei_WrittenCommunications" />
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    <link:loc xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_SolicitingMaterial" xlink:type="locator" xlink:label="dei_SolicitingMaterial" />
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    <link:loc xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_PreCommencementTenderOffer" xlink:type="locator" xlink:label="dei_PreCommencementTenderOffer" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="dei_CoverAbstract" xlink:to="dei_PreCommencementTenderOffer" order="39.001" priority="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_PreCommencementIssuerTenderOffer" xlink:type="locator" xlink:label="dei_PreCommencementIssuerTenderOffer" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="dei_CoverAbstract" xlink:to="dei_PreCommencementIssuerTenderOffer" order="40.001" priority="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
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    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="dei_CoverAbstract" xlink:to="dei_Security12bTitle" order="41.001" priority="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
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    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="dei_CoverAbstract" xlink:to="dei_TradingSymbol" order="42.001" priority="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_SecurityExchangeName" xlink:type="locator" xlink:label="dei_SecurityExchangeName" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="dei_CoverAbstract" xlink:to="dei_SecurityExchangeName" order="43.001" priority="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_EntityEmergingGrowthCompany" xlink:type="locator" xlink:label="dei_EntityEmergingGrowthCompany" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="dei_CoverAbstract" xlink:to="dei_EntityEmergingGrowthCompany" order="44.001" priority="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
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</link:linkbase>
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<DOCUMENT>
<TYPE>XML
<SEQUENCE>10
<FILENAME>d168700d8k_htm.xml
<DESCRIPTION>IDEA: XBRL DOCUMENT
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<XML>
<?xml version="1.0" encoding="utf-8"?>
<xbrl
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        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0000723612</identifier>
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        <period>
            <startDate>2021-06-18</startDate>
            <endDate>2021-06-18</endDate>
        </period>
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    <dei:EntityCentralIndexKey
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      id="Hidden_dei_EntityCentralIndexKey">0000723612</dei:EntityCentralIndexKey>
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    <dei:DocumentPeriodEndDate contextRef="duration_2021-06-18_to_2021-06-18">2021-06-18</dei:DocumentPeriodEndDate>
    <dei:EntityRegistrantName contextRef="duration_2021-06-18_to_2021-06-18">Avis Budget Group, Inc.</dei:EntityRegistrantName>
    <dei:EntityIncorporationStateCountryCode contextRef="duration_2021-06-18_to_2021-06-18">DE</dei:EntityIncorporationStateCountryCode>
    <dei:EntityFileNumber contextRef="duration_2021-06-18_to_2021-06-18">001-10308</dei:EntityFileNumber>
    <dei:EntityTaxIdentificationNumber contextRef="duration_2021-06-18_to_2021-06-18">06-0918165</dei:EntityTaxIdentificationNumber>
    <dei:EntityAddressAddressLine1 contextRef="duration_2021-06-18_to_2021-06-18">6 Sylvan Way</dei:EntityAddressAddressLine1>
    <dei:EntityAddressCityOrTown contextRef="duration_2021-06-18_to_2021-06-18">Parsippany</dei:EntityAddressCityOrTown>
    <dei:EntityAddressStateOrProvince contextRef="duration_2021-06-18_to_2021-06-18">NJ</dei:EntityAddressStateOrProvince>
    <dei:EntityAddressPostalZipCode contextRef="duration_2021-06-18_to_2021-06-18">07054</dei:EntityAddressPostalZipCode>
    <dei:CityAreaCode contextRef="duration_2021-06-18_to_2021-06-18">(973)</dei:CityAreaCode>
    <dei:LocalPhoneNumber contextRef="duration_2021-06-18_to_2021-06-18">496-4700</dei:LocalPhoneNumber>
    <dei:WrittenCommunications contextRef="duration_2021-06-18_to_2021-06-18">false</dei:WrittenCommunications>
    <dei:SolicitingMaterial contextRef="duration_2021-06-18_to_2021-06-18">false</dei:SolicitingMaterial>
    <dei:PreCommencementTenderOffer contextRef="duration_2021-06-18_to_2021-06-18">false</dei:PreCommencementTenderOffer>
    <dei:PreCommencementIssuerTenderOffer contextRef="duration_2021-06-18_to_2021-06-18">false</dei:PreCommencementIssuerTenderOffer>
    <dei:Security12bTitle contextRef="duration_2021-06-18_to_2021-06-18">Common Stock, par value $0.01</dei:Security12bTitle>
    <dei:TradingSymbol contextRef="duration_2021-06-18_to_2021-06-18">CAR</dei:TradingSymbol>
    <dei:SecurityExchangeName contextRef="duration_2021-06-18_to_2021-06-18">NASDAQ</dei:SecurityExchangeName>
    <dei:EntityEmergingGrowthCompany contextRef="duration_2021-06-18_to_2021-06-18">false</dei:EntityEmergingGrowthCompany>
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<DOCUMENT>
<TYPE>XML
<SEQUENCE>11
<FILENAME>R1.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
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</head>
<body>
<span style="display: none;">v3.21.2</span><table class="report" border="0" cellspacing="2" id="idm140053412408392">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>Document and Entity Information<br></strong></div></th>
<th class="th"><div>Jun. 18, 2021</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_CoverAbstract', window );"><strong>Cover [Abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_AmendmentFlag', window );">Amendment Flag</a></td>
<td class="text">false<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityCentralIndexKey', window );">Entity Central Index Key</a></td>
<td class="text">0000723612<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_DocumentType', window );">Document Type</a></td>
<td class="text">8-K<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_DocumentPeriodEndDate', window );">Document Period End Date</a></td>
<td class="text">Jun. 18,  2021<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityRegistrantName', window );">Entity Registrant Name</a></td>
<td class="text">Avis Budget Group, Inc.<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityIncorporationStateCountryCode', window );">Entity Incorporation State Country Code</a></td>
<td class="text">DE<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityFileNumber', window );">Entity File Number</a></td>
<td class="text">001-10308<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityTaxIdentificationNumber', window );">Entity Tax Identification Number</a></td>
<td class="text">06-0918165<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityAddressAddressLine1', window );">Entity Address, Address Line One</a></td>
<td class="text">6 Sylvan Way<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityAddressCityOrTown', window );">Entity Address, City or Town</a></td>
<td class="text">Parsippany<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityAddressStateOrProvince', window );">Entity Address, State or Province</a></td>
<td class="text">NJ<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityAddressPostalZipCode', window );">Entity Address, Postal Zip Code</a></td>
<td class="text">07054<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_CityAreaCode', window );">City Area Code</a></td>
<td class="text">(973)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_LocalPhoneNumber', window );">Local Phone Number</a></td>
<td class="text">496-4700<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_WrittenCommunications', window );">Written Communications</a></td>
<td class="text">false<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_SolicitingMaterial', window );">Soliciting Material</a></td>
<td class="text">false<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_PreCommencementTenderOffer', window );">Pre Commencement Tender Offer</a></td>
<td class="text">false<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_PreCommencementIssuerTenderOffer', window );">Pre Commencement Issuer Tender Offer</a></td>
<td class="text">false<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_Security12bTitle', window );">Security 12b Title</a></td>
<td class="text">Common Stock, par value $0.01<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_TradingSymbol', window );">Trading Symbol</a></td>
<td class="text">CAR<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_SecurityExchangeName', window );">Security Exchange Name</a></td>
<td class="text">NASDAQ<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityEmergingGrowthCompany', window );">Entity Emerging Growth Company</a></td>
<td class="text">false<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_AmendmentFlag">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Boolean flag that is true when the XBRL content amends previously-filed or accepted submission.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_AmendmentFlag</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:booleanItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_CityAreaCode">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Area code of city</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_CityAreaCode</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_CoverAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Cover page.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_CoverAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_DocumentPeriodEndDate">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The end date of the period reflected on the cover page if a periodic report. For all other reports and registration statements containing historical data, it is the date up through which that historical data is presented.  If there is no historical data in the report, use the filing date. The format of the date is YYYY-MM-DD.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_DocumentPeriodEndDate</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:dateItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_DocumentType">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The type of document being provided (such as 10-K, 10-Q, 485BPOS, etc). The document type is limited to the same value as the supporting SEC submission type, or the word 'Other'.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_DocumentType</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:submissionTypeItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityAddressAddressLine1">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Address Line 1 such as Attn, Building Name, Street Name</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityAddressAddressLine1</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityAddressCityOrTown">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Name of the City or Town</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityAddressCityOrTown</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityAddressPostalZipCode">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Code for the postal or zip code</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityAddressPostalZipCode</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityAddressStateOrProvince">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Name of the state or province.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityAddressStateOrProvince</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:stateOrProvinceItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityCentralIndexKey">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>A unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Regulation 12B<br> -Number 240<br> -Section 12<br> -Subsection b-2<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityCentralIndexKey</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:centralIndexKeyItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityEmergingGrowthCompany">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Indicate if registrant meets the emerging growth company criteria.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Regulation 12B<br> -Number 240<br> -Section 12<br> -Subsection b-2<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityEmergingGrowthCompany</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:booleanItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityFileNumber">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Commission file number. The field allows up to 17 characters. The prefix may contain 1-3 digits, the sequence number may contain 1-8 digits, the optional suffix may contain 1-4 characters, and the fields are separated with a hyphen.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityFileNumber</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:fileNumberItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityIncorporationStateCountryCode">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Two-character EDGAR code representing the state or country of incorporation.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityIncorporationStateCountryCode</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:edgarStateCountryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityRegistrantName">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Regulation 12B<br> -Number 240<br> -Section 12<br> -Subsection b-2<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityRegistrantName</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityTaxIdentificationNumber">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The Tax Identification Number (TIN), also known as an Employer Identification Number (EIN), is a unique 9-digit value assigned by the IRS.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Regulation 12B<br> -Number 240<br> -Section 12<br> -Subsection b-2<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityTaxIdentificationNumber</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:employerIdItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_LocalPhoneNumber">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Local phone number for entity.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_LocalPhoneNumber</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_PreCommencementIssuerTenderOffer">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 13e<br> -Subsection 4c<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_PreCommencementIssuerTenderOffer</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:booleanItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_PreCommencementTenderOffer">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 14d<br> -Subsection 2b<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_PreCommencementTenderOffer</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:booleanItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_Security12bTitle">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Title of a 12(b) registered security.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 12<br> -Subsection b<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_Security12bTitle</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:securityTitleItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_SecurityExchangeName">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Name of the Exchange on which a security is registered.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 12<br> -Subsection d1-1<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_SecurityExchangeName</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:edgarExchangeCodeItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_SolicitingMaterial">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as soliciting material pursuant to Rule 14a-12 under the Exchange Act.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Section 14a<br> -Number 240<br> -Subsection 12<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_SolicitingMaterial</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:booleanItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Trading symbol of an instrument as listed on an exchange.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
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<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
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<td><strong> Data Type:</strong></td>
<td>dei:tradingSymbolItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_WrittenCommunications">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as written communications pursuant to Rule 425 under the Securities Act.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Securities Act<br> -Number 230<br> -Section 425<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
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<td><strong> Balance Type:</strong></td>
<td>na</td>
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   "Section": "14d",
   "Subsection": "2b"
  },
  "r4": {
   "Name": "Exchange Act",
   "Number": "240",
   "Publisher": "SEC",
   "Section": "14a",
   "Subsection": "12"
  },
  "r5": {
   "Name": "Regulation 12B",
   "Number": "240",
   "Publisher": "SEC",
   "Section": "12",
   "Subsection": "b-2"
  },
  "r6": {
   "Name": "Securities Act",
   "Number": "230",
   "Publisher": "SEC",
   "Section": "425"
  }
 },
 "version": "2.1"
}
</TEXT>
</DOCUMENT>
<DOCUMENT>
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<SEQUENCE>18
<FILENAME>0001193125-21-197313-xbrl.zip
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end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
