Common use of GRANTING CLAUSES Clause in Contracts

GRANTING CLAUSES. In addition to the Grant of the Indenture, the Issuer Grants to the Indenture Trustee, as Indenture Trustee for the benefit of the Series 2015-5 Noteholders, all of the Issuer’s right, title and interest, whether now owned or hereafter acquired, in, to and under the Series 2015-5 Collateral. The foregoing Grant is made in trust to secure (a) the payment of principal of, interest on and any other amounts owing in respect of the Series 2015-5 Notes as provided in the Indenture and this Indenture Supplement for the benefit of the Series 2015-5 Noteholders and (b) compliance by the Issuer with the provisions of the Indenture and this Indenture Supplement, all as provided in the Series 2015-5 Notes, the Indenture and this Indenture Supplement. The Indenture Trustee acknowledges the Grant, accepts the trusts under this Indenture Supplement in accordance with this Indenture Supplement and agrees to perform the duties in this Indenture Supplement so that the interests of the Series 2015-5 Noteholders may be adequately protected.

GRANTING CLAUSES. In addition to the Grant of the Indenture, the Issuer Grants to the Indenture Trustee, as Indenture Trustee for the benefit of the Series 2015-5 4 Noteholders, all of the Issuer’s right, title and interest, whether now owned or hereafter acquired, in, to and under the Series 2015-5 4 Collateral. The foregoing Grant is made in trust to secure (a) the payment of principal of, interest on and any other amounts owing in respect of the Series 2015-5 4 Notes as provided in the Indenture and this Indenture Supplement for the benefit of the Series 2015-5 4 Noteholders and (b) compliance by the Issuer with the provisions of the Indenture and this Indenture Supplement, all as provided in the Series 2015-5 4 Notes, the Indenture and this Indenture Supplement. The Indenture Trustee acknowledges the Grant, accepts the trusts under this Indenture Supplement in accordance with this Indenture Supplement and agrees to perform the duties in this Indenture Supplement so that the interests of the Series 2015-5 4 Noteholders may be adequately protected.

GRANTING CLAUSES. In addition to the Grant of the Indenture, the Issuer Grants to the Indenture Trustee, as Indenture Trustee for the benefit of the Series 2015-5 1 Noteholders, all of the Issuer’s right, title and interest, whether now owned or hereafter acquired, in, to and under the Series 2015-5 1 Collateral. The foregoing Grant is made in trust to secure (a) the payment of principal of, interest on and any other amounts owing in respect of the Series 2015-5 1 Notes as provided in the Indenture and this Indenture Supplement for the benefit of the Series 2015-5 1 Noteholders and (b) compliance by the Issuer with the provisions of the Indenture and this Indenture Supplement, all as provided in the Series 2015-5 1 Notes, the Indenture and this Indenture Supplement. The Indenture Trustee acknowledges the Grant, accepts the trusts under this Indenture Supplement in accordance with this Indenture Supplement and agrees to perform the duties in this Indenture Supplement so that the interests of the Series 2015-5 1 Noteholders may be adequately protected.

GRANTING CLAUSES. In addition to the Grant of the Indenture, the Issuer Grants to the Indenture Trustee, as Indenture Trustee for the benefit of the Series 20152012-5 4 Noteholders, all of the Issuer’s right, title and interest, whether now owned or hereafter acquired, in, to and under the Series 20152012-5 4 Collateral. The foregoing Grant is made in trust to secure (a) the payment of principal of, interest on and any other amounts owing in respect of the Series 20152012-5 4 Notes as provided in the Indenture and this Indenture Supplement for the benefit of the Series 20152012-5 4 Noteholders and (b) compliance by the Issuer with the provisions of the Indenture and this Indenture Supplement, all as provided in the Series 20152012-5 4 Notes, the Indenture and this Indenture Supplement. The Indenture Trustee acknowledges the Grantsuch ▇▇▇▇▇, accepts the trusts under this Indenture Supplement in accordance with this Indenture Supplement and agrees to perform the duties in this Indenture Supplement so that the interests of the Series 20152012-5 4 Noteholders may be adequately protected.

GRANTING CLAUSES. In addition to the Grant of the Indenture, the Issuer Grants to the Indenture Trustee, as Indenture Trustee for the benefit of the Series 20152014-5 4 Noteholders, all of the Issuer’s right, title and interest, whether now owned or hereafter acquired, in, to and under the Series 20152014-5 4 Collateral. The foregoing Grant is made in trust to secure (a) the payment of principal of, interest on and any other amounts owing in respect of the Series 20152014-5 4 Notes as provided in the Indenture and this Indenture Supplement for the benefit of the Series 20152014-5 4 Noteholders and (b) compliance by the Issuer with the provisions of the Indenture and this Indenture Supplement, all as provided in the Series 20152014-5 4 Notes, the Indenture and this Indenture Supplement. The Indenture Trustee acknowledges the Grant, accepts the trusts under this Indenture Supplement in accordance with this Indenture Supplement and agrees to perform the duties in this Indenture Supplement so that the interests of the Series 20152014-5 4 Noteholders may be adequately protected.

GRANTING CLAUSES. In addition to the Grant of the Indenture, the Issuer Grants to the Indenture Trustee, as Indenture Trustee for the benefit of the Series 20152012-5 Noteholders, all of the Issuer’s right, title and interest, whether now owned or hereafter acquired, in, to and under the Series 20152012-5 Collateral. The foregoing Grant is made in trust to secure (a) the payment of principal of, interest on and any other amounts owing in respect of the Series 20152012-5 Notes as provided in the Indenture and this Indenture Supplement for the benefit of the Series 20152012-5 Noteholders and (b) compliance by the Issuer with the provisions of the Indenture and this Indenture Supplement, all as provided in the Series 20152012-5 Notes, the Indenture and this Indenture Supplement. The Indenture Trustee acknowledges the Grantsuch ▇▇▇▇▇, accepts the trusts under this Indenture Supplement in accordance with this Indenture Supplement and agrees to perform the duties in this Indenture Supplement so that the interests of the Series 20152012-5 Noteholders may be adequately protected.

GRANTING CLAUSES. In addition to the Grant of the Indenture, the Issuer Grants to the Indenture Trustee, as Indenture Trustee for the benefit of the Series 20152013-5 3 Noteholders, all of the Issuer’s right, title and interest, whether now owned or hereafter acquired, in, to and under the Series 20152013-5 3 Collateral. The foregoing Grant is made in trust to secure (a) the payment of principal of, interest on and any other amounts owing in respect of the Series 20152013-5 3 Notes as provided in the Indenture and this Indenture Supplement for the benefit of the Series 20152013-5 3 Noteholders and (b) compliance by the Issuer with the provisions of the Indenture and this Indenture Supplement, all as provided in the Series 20152013-5 3 Notes, the Indenture and this Indenture Supplement. The Indenture Trustee acknowledges the Grantsuch ▇▇▇▇▇, accepts the trusts under this Indenture Supplement in accordance with this Indenture Supplement and agrees to perform the duties in this Indenture Supplement so that the interests of the Series 20152013-5 3 Noteholders may be adequately protected.

GRANTING CLAUSES. In addition to the Grant of the Indenture, the Issuer Grants to the Indenture Trustee, as Indenture Trustee for the benefit of the Series 2015-5 2 Noteholders, all of the Issuer’s right, title and interest, whether now owned or hereafter acquired, in, to and under the Series 2015-5 2 Collateral. The foregoing Grant is made in trust to secure (a) the payment of principal of, interest on and any other amounts owing in respect of the Series 2015-5 2 Notes as provided in the Indenture and this Indenture Supplement for the benefit of the Series 2015-5 2 Noteholders and (b) compliance by the Issuer with the provisions of the Indenture and this Indenture Supplement, all as provided in the Series 2015-5 2 Notes, the Indenture and this Indenture Supplement. The Indenture Trustee acknowledges the Grant, accepts the trusts under this Indenture Supplement in accordance with this Indenture Supplement and agrees to perform the duties in this Indenture Supplement so that the interests of the Series 2015-5 2 Noteholders may be adequately protected.

GRANTING CLAUSES. In addition to the Grant of the Indenture, the Issuer Grants to the Indenture Trustee, as Indenture Trustee for the benefit of the Series 20152012-5 1 Noteholders, all of the Issuer’s right, title and interest, whether now owned or hereafter acquired, in, to and under the Series 20152012-5 1 Collateral. The foregoing Grant is made in trust to secure (a) the payment of principal of, interest on and any other amounts owing in respect of the Series 20152012-5 1 Notes as provided in the Indenture and this Indenture Supplement for the benefit of the Series 20152012-5 1 Noteholders and (b) compliance by the Issuer with the provisions of the Indenture and this Indenture Supplement, all as provided in the Series 20152012-5 1 Notes, the Indenture and this Indenture Supplement. The Indenture Trustee acknowledges the Grantsuch ▇▇▇▇▇, accepts the trusts under this Indenture Supplement in accordance with this Indenture Supplement and agrees to perform the duties in this Indenture Supplement so that the interests of the Series 20152012-5 1 Noteholders may be adequately protected.

GRANTING CLAUSES. In addition to the Grant of the Indenture, the Issuer Grants to the Indenture Trustee, as Indenture Trustee for the benefit of the Series 20152013-5 Noteholders, all of the Issuer’s right, title and interest, whether now owned or hereafter acquired, in, to and under the Series 20152013-5 Collateral. The foregoing Grant is made in trust to secure (a) the payment of principal of, interest on and any other amounts owing in respect of the Series 20152013-5 Notes as provided in the Indenture and this Indenture Supplement for the benefit of the Series 20152013-5 Noteholders and (b) compliance by the Issuer with the provisions of the Indenture and this Indenture Supplement, all as provided in the Series 20152013-5 Notes, the Indenture and this Indenture Supplement. The Indenture Trustee acknowledges the Grantsuch ▇▇▇▇▇, accepts the trusts under this Indenture Supplement in accordance with this Indenture Supplement and agrees to perform the duties in this Indenture Supplement so that the interests of the Series 20152013-5 Noteholders may be adequately protected.

GRANTING CLAUSES. In addition to the Grant of the Indenture, the Issuer Grants to the Indenture Trustee, as Indenture Trustee for the benefit of the Series 20152014-5 1 Noteholders, all of the Issuer’s right, title and interest, whether now owned or hereafter acquired, in, to and under the Series 20152014-5 1 Collateral. The foregoing Grant is made in trust to secure (a) the payment of principal of, interest on and any other amounts owing in respect of the Series 20152014-5 1 Notes as provided in the Indenture and this Indenture Supplement for the benefit of the Series 20152014-5 1 Noteholders and (b) compliance by the Issuer with the provisions of the Indenture and this Indenture Supplement, all as provided in the Series 20152014-5 1 Notes, the Indenture and this Indenture Supplement. The Indenture Trustee acknowledges the Grantsuch ▇▇▇▇▇, accepts the trusts under this Indenture Supplement in accordance with this Indenture Supplement and agrees to perform the duties in this Indenture Supplement so that the interests of the Series 20152014-5 1 Noteholders may be adequately protected.

GRANTING CLAUSES. In addition to the Grant of the Indenture, the Issuer Grants to the Indenture Trustee, as Indenture Trustee for the benefit of the Series 20152012-5 2 Noteholders, all of the Issuer’s right, title and interest, whether now owned or hereafter acquired, in, to and under the Series 20152012-5 2 Collateral. The foregoing Grant is made in trust to secure (a) the payment of principal of, interest on and any other amounts owing in respect of the Series 20152012-5 2 Notes as provided in the Indenture and this Indenture Supplement for the benefit of the Series 20152012-5 2 Noteholders and (b) compliance by the Issuer with the provisions of the Indenture and this Indenture Supplement, all as provided in the Series 20152012-5 2 Notes, the Indenture and this Indenture Supplement. The Indenture Trustee acknowledges the Grantsuch ▇▇▇▇▇, accepts the trusts under this Indenture Supplement in accordance with this Indenture Supplement and agrees to perform the duties in this Indenture Supplement so that the interests of the Series 20152012-5 2 Noteholders may be adequately protected.

GRANTING CLAUSES. In addition to the Grant of the Indenture, the Issuer Grants to the Indenture Trustee, as Indenture Trustee for the benefit of the Series 20152013-5 4 Noteholders, all of the Issuer’s right, title and interest, whether now owned or hereafter acquired, in, to and under the Series 20152013-5 4 Collateral. The foregoing Grant is made in trust to secure (a) the payment of principal of, interest on and any other amounts owing in respect of the Series 20152013-5 4 Notes as provided in the Indenture and this Indenture Supplement for the benefit of the Series 20152013-5 4 Noteholders and (b) compliance by the Issuer with the provisions of the Indenture and this Indenture Supplement, all as provided in the Series 20152013-5 4 Notes, the Indenture and this Indenture Supplement. The Indenture Trustee acknowledges the Grantsuch ▇▇▇▇▇, accepts the trusts under this Indenture Supplement in accordance with this Indenture Supplement and agrees to perform the duties in this Indenture Supplement so that the interests of the Series 20152013-5 4 Noteholders may be adequately protected.

GRANTING CLAUSES. In addition to the Grant of the Indenture, the Issuer Grants to the Indenture Trustee, as Indenture Trustee for the benefit of the Series 20152013-5 1 Noteholders, all of the Issuer’s right, title and interest, whether now owned or hereafter acquired, in, to and under the Series 20152013-5 1 Collateral. The foregoing Grant is made in trust to secure (a) the payment of principal of, interest on and any other amounts owing in respect of the Series 20152013-5 1 Notes as provided in the Indenture and this Indenture Supplement for the benefit of the Series 20152013-5 1 Noteholders and (b) compliance by the Issuer with the provisions of the Indenture and this Indenture Supplement, all as provided in the Series 20152013-5 1 Notes, the Indenture and this Indenture Supplement. The Indenture Trustee acknowledges the Grantsuch ▇▇▇▇▇, accepts the trusts under this Indenture Supplement in accordance with this Indenture Supplement and agrees to perform the duties in this Indenture Supplement so that the interests of the Series 20152013-5 1 Noteholders may be adequately protected.

GRANTING CLAUSES. In addition to the Grant of the Indenture, the Issuer Grants to the Indenture Trustee, as Indenture Trustee for the benefit of the Series 20152014-5 2 Noteholders, all of the Issuer’s right, title and interest, whether now owned or hereafter acquired, in, to and under the Series 20152014-5 2 Collateral. The foregoing Grant is made in trust to secure (a) the payment of principal of, interest on and any other amounts owing in respect of the Series 20152014-5 2 Notes as provided in the Indenture and this Indenture Supplement for the benefit of the Series 20152014-5 2 Noteholders and (b) compliance by the Issuer with the provisions of the Indenture and this Indenture Supplement, all as provided in the Series 20152014-5 2 Notes, the Indenture and this Indenture Supplement. The Indenture Trustee acknowledges the Grantsuch ▇▇▇▇▇, accepts the trusts under this Indenture Supplement in accordance with this Indenture Supplement and agrees to perform the duties in this Indenture Supplement so that the interests of the Series 20152014-5 2 Noteholders may be adequately protected.

GRANTING CLAUSES. In addition to the Grant of the Indenture, the Issuer Grants to the Indenture Trustee, as Indenture Trustee for the benefit of the Series 20152011-5 2 Noteholders, all of the Issuer’s right, title and interest, whether now owned or hereafter acquired, in, to and under the Series 20152011-5 2 Collateral. The foregoing Grant is made in trust to secure (a) the payment of principal of, interest on and any other amounts owing in respect of the Series 20152011-5 2 Notes as provided in the Indenture and this Indenture Supplement for the benefit of the Series 20152011-5 2 Noteholders and (b) compliance by the Issuer with the provisions of the Indenture and this Indenture Supplement, all as provided in the Series 20152011-5 2 Notes, the Indenture and this Indenture Supplement. The Indenture Trustee acknowledges the Grantsuch ▇▇▇▇▇, accepts the trusts under this Indenture Supplement in accordance with this Indenture Supplement and agrees to perform the duties in this Indenture Supplement so that the interests of the Series 20152011-5 2 Noteholders may be adequately protected.

GRANTING CLAUSES. In addition to the Grant of the Indenture, the Issuer Grants to the Indenture Trustee, as Indenture Trustee for the benefit of the Series 20152011-5 1 Noteholders, all of the Issuer’s right, title and interest, whether now owned or hereafter acquired, in, to and under the Series 20152011-5 1 Collateral. The foregoing Grant is made in trust to secure (a) the payment of principal of, interest on and any other amounts owing in respect of the Series 20152011-5 1 Notes as provided in the Indenture and this Indenture Supplement for the benefit of the Series 20152011-5 1 Noteholders and (b) compliance by the Issuer with the provisions of the Indenture and this Indenture Supplement, all as provided in the Series 20152011-5 1 Notes, the Indenture and this Indenture Supplement. The Indenture Trustee acknowledges the Grantsuch ▇▇▇▇▇, accepts the trusts under this Indenture Supplement in accordance with this Indenture Supplement and agrees to perform the duties in this Indenture Supplement so that the interests of the Series 20152011-5 1 Noteholders may be adequately protected.