Common use of GUARANTEED BY Clause in Contracts

GUARANTEED BY. (All signatures must be guaranteed by a member of a Signature Guarantee Medallion Program.) EXHIBIT C FORM OF TRANSFEREE LETTER [letterhead of Transferee] Date: JLA Funding Corporation II ▇▇▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ - ▇▇▇▇▇ ▇▇▇ ▇▇▇ ▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇ LTCB Trust Company, as Trustee ▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇ ▇▇▇▇, ▇▇▇ ▇▇▇▇ ▇▇▇▇▇ Re: JLA Funding Corporation II -------------------------- Dear Sirs: We are the transferee in a private sale or other transfer from ___________ (the "Transferor") of $_________________ in aggregate original principal amount of Floating Rate Asset-Backed Notes, Class A (the "Class A Notes"), and $_________________ in aggregate original principal amount of Floating Rate Asset-Backed Notes, Class B (the "Class B Notes" and, collectively with the Class A Notes, the "Notes") issued by JLA Funding Corporation II (the "Company"), pursuant to the Indenture, dated as of August 15, 1997 (as may be amended from time to time, the "Indenture"), among the Company, JLA Credit Corporation and LTCB Trust Company, as Trustee (the "Trustee") . Capitalized terms used and not otherwise defined herein have the meanings specified in the Indenture. In connection with our acquisition of the Notes, we hereby represent, warrant, certify and agree as follows:

GUARANTEED BY. (All signatures must be guaranteed by a member of a Signature Guarantee Medallion Program.) EXHIBIT C FORM OF TRANSFEREE LETTER [letterhead of Transferee] Date: JLA Funding Corporation II III ▇▇▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ - ▇▇▇▇▇ ▇▇▇ ▇▇▇ ▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇ LTCB Trust Company, as Trustee ▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇ ▇▇▇▇, ▇▇▇ ▇▇▇▇ ▇▇▇▇▇ Re: JLA Funding Corporation II -------------------------- III --------------------------- Dear Sirs: We are the transferee in a private sale or other transfer from ___________ (the "Transferor") of $_________________ in aggregate original principal amount of Floating Rate Asset-Backed Notes, Class A (the "Class A Senior Notes"), and $_________________ in aggregate original principal amount of Floating Rate Asset-Backed Notes, Class B (the "Class B Subordinated Notes" and, collectively with the Class A Senior Notes, the "Notes") issued by JLA Funding Corporation II III (the "Company"), pursuant to the Indenture, dated as of August 15March 30, 1997 1998 (as may be amended from time to time, the "Indenture"), among the Company, JLA Credit Corporation and LTCB Trust Company, as Trustee (the "Trustee") ). Capitalized terms used and not otherwise defined herein have the meanings specified in the Indenture. In connection with our acquisition of the Notes, we hereby represent, warrant, certify and agree as follows: