Common use of Monthly Variable Rent Clause in Contracts

Monthly Variable Rent. The “Monthly Variable Rent” for each Payment Date and each Lease Vehicle other than a Lease Vehicle which was a Credit Vehicle on the last day of the Related Month with respect to such Payment Date (w) leased hereunder as of the last day of the Related Month with respect to such Payment Date, (x) the Disposition Date in respect of which occurred during such Related Month, or (y) that was purchased by the applicable Lessee during such Related Month, in each case shall equal to the product of the sum of: (A) all interest that has accrued on the Spanish Notes during the Interest Period for the Spanish Notes ending on the second Business Day immediately preceding the Determination Date immediately preceding such Payment Date, plus (B) all Spanish Carrying Charges with respect to such Payment Date, and

Monthly Variable Rent. The “Monthly Variable Rent” for each Payment Date and each Lease Vehicle other than a Lease Vehicle which was a Credit Vehicle on the last day of the Related Month with respect to such Payment Date (w) leased hereunder as of the last day of the Related Month with respect to such Payment Date, (x) the Disposition Date in respect of which occurred during such Related Month, or (y) that was purchased by the applicable Lessee during such Related Month, in each case shall equal to the product of the sum of: (A) all interest that has accrued on the Spanish Notes Note during the Interest Period for the Spanish Notes Note ending on the second Business Day immediately preceding the Determination Date immediately preceding such Payment Date, plus (B) all Spanish Carrying Charges with respect to such Payment Date, andand A3730188310 WEIL:\96789897\1\52396.0010

Monthly Variable Rent. The “Monthly Variable Rent” for each Payment Date and each Lease Vehicle other than a Lease Vehicle which was a Credit Vehicle on the last day of the Related Month with respect to such Payment Date (w) leased hereunder as of the last day of the Related Month with respect to such Payment Date, (x) the Disposition Date in respect of which occurred during such Related Month, or (y) that was purchased by the applicable Lessee during such Related Month, in each case shall equal to the product of the sum of: (A) all interest that has accrued on the Spanish Notes Note during the Interest Period for the Spanish Notes Note ending on the second Business Day immediately preceding the Determination Date immediately preceding such Payment Date, plus (B) all Spanish Carrying Charges with respect to such Payment Date, and