Common use of Note Owner Representations and Warranties Clause in Contracts

Note Owner Representations and Warranties. Each Person who becomes a Note Owner of a beneficial interest in a Series 2020-1 Note will be deemed to represent, warrant and agree on the date such Person acquires any interest in any Series 2020-1 Note as follows: (a) With respect to any sale of Series 2020-1 Notes pursuant to Rule 144A, it is not a Competitor and is a QIB pursuant to Rule 144A, and is aware that any sale of Series 2020-1 Notes to it will be made in reliance on Rule 144A. Its acquisition of Series 2020-1 Notes in any such sale will be for its own account or for the account of another QIB who is not a Competitor. (b) With respect to any sale of Series 2020-1 Notes pursuant to Regulation S, at the time the buy order for such Series 2020-1 Notes was originated, it was outside the United States and the offer was made to a Person who is not a U.S. Person nor a Competitor, and was not purchasing for the account or benefit of a U.S. Person. (c) It will, and each account for which it is purchasing will, hold and transfer at least the minimum denomination of Series 2020-1

Note Owner Representations and Warranties. Each Person who becomes a Note Owner of a beneficial interest in a Series 20202022-1 Note pursuant to the Offering Memorandum will be deemed to represent, warrant and agree on the date such Person acquires any interest in any such Series 20202022-1 Note as follows: (a) With respect to any sale of Series 20202022-1 Notes pursuant to Rule 144A, it is not a Competitor and is a QIB pursuant to Rule 144A, and is aware that any sale of Series 20202022-1 Notes to it will be made in reliance on Rule 144A. Its acquisition of Series 20202022-1 Notes in any such sale will be for its own account or for the account of another QIB who is not a CompetitorQIB. (b) With respect to any sale of Series 20202022-1 Notes pursuant to Regulation S, at the time the buy order for such Series 20202022-1 Notes was originated, it was outside the United States and the offer was made to a Person who is not a U.S. Person nor a CompetitorPerson, and was not purchasing for the account or benefit of a U.S. Person. (c) It will, and each account for which it is purchasing will, hold and transfer at least the minimum denomination of Series 20202022-1 Notes set forth in Section 2.3 of this Series 2022-1

Note Owner Representations and Warranties. Each Person who becomes a Note Owner of a beneficial interest in a Series 20202022-1 Note will pursuant to the Offering Memorandum shall be deemed to represent, warrant and agree on the date such Person acquires any interest in any Series 20202022-1 Note as follows: (a) With respect to any sale of Series 20202022-1 Notes pursuant to Rule 144A, it is not a Competitor and is a QIB pursuant to Rule 144A, and is aware that any sale of Series 20202022-1 Notes to it will shall be made in reliance on Rule 144A. Its acquisition of Series 20202022-1 Notes in any such sale will shall be for its own account or for the account of another QIB who is not a CompetitorQIB. (b) With respect to any sale of Series 20202022-1 Notes pursuant to Regulation S, at the time the buy order for such Series 20202022-1 Notes was originated, it was outside the United States and the offer was made to a Person who is not a U.S. Person nor a CompetitorPerson, and was not purchasing for the account or benefit of a U.S. Person. (c) It willshall, and each account for which it is purchasing willshall, hold and transfer at least the minimum denomination of Series 20202022-1