Common use of Payments of Interest Clause in Contracts

Payments of Interest. 7.1 Subject to the limitations set forth in Condition 4.3 the outstanding principal amount in respect of the Class B Notes shall, subject to 7.2 below, bear interest from (and including) the Issue Date until (and including) the day preceding the day on which the principal amount has been reduced to zero. 7.2 The amount of interest payable in respect of all Class B Notes on any Payment Date shall be calculated not later than on the first day of the Interest Period by applying the interest rate for the relevant Interest Period pursuant to Condition 7.3 to the principal amount outstanding immediately prior to the relevant Payment Date and multiplying the result by the actual number of days in the relevant Interest Period divided by 365 and rounding the result to the nearest full ▇▇▇▇▇, all as determined by the Interest Determination Agent (the "Interest Determination Agent"). 7.3 The interest rate calculated pursuant to Condition 7.2 shall be the sum (subject to a floor of zero) of LIBOR plus 1.20 per cent. (the "Class B Notes Interest Rate"). LIBOR shall be determined by the Interest Determination Agent on the first day of the relevant Interest Period in accordance with the definition of LIBOR provided that if there has been a public announcement of the permanent or indefinite discontinuation of LIBOR the Issuer (acting on the advice of the Servicer) shall use commercially reasonable endeavours to propose an Alternative Base Rate in accordance with clause 38.5 of the Trust Agreement no later than the discontinuation of LIBOR becoming effective. 7.4 Accrued Interest not paid on the Class B Notes on the Payment Date related to the Interest Period in which it accrued, will be an Interest Shortfall with respect to the Class B Notes. 7.5 On each Payment Date, the Issuer shall, subject to Condition 4.3, pay to the Class B Noteholders interest at the Class B Notes Interest Rate on the nominal amount of the Class B Notes outstanding immediately prior to the respective Payment Date.

Payments of Interest. 7.1 Subject Each Class A Note shall bear interest at the rate of 4.63% per annum for each Interest Period, each Class B Note shall bear interest at the rate of 5.07% per annum for each Interest Period and each Class C Note shall bear interest at the rate of 5.42% per annum for each Interest Period, in each case, payable monthly in arrears on each Interest Payment Date, after as well as before default and judgment with interest on overdue interest at the same rate. The interest payable on each Class A Note on each Interest Payment Date (except for the initial Interest Payment Date) shall be equal to the limitations set forth in Condition 4.3 rate of 4.63% per annum divided by twelve and multiplied by the outstanding U.S.$ principal amount of such Class A Note outstanding on such Interest Payment Date prior to the payment of any principal on such Class A Note on such Interest Payment Date. The interest payable on each Class B Note on each Interest Payment Date (except for the initial Interest Payment Date) shall be equal to the rate of 5.07% per annum divided by twelve and multiplied by the U.S.$ principal amount of such Class B Note outstanding on such Interest Payment Date prior to the payment of any principal on such Class B Note on such Interest Payment Date. The interest payable on each Class C Note on each Interest Payment Date (except for the initial Interest Payment Date) shall be equal to the rate of 5.42% per annum divided by twelve and multiplied by the U.S.$ principal amount of such Class C Note outstanding on such Interest Payment Date prior to the payment of any principal on such Class C Note on such Interest Payment Date. Any interest due but not paid on any Interest Payment Date shall be due on the next succeeding Interest Payment Date together with additional interest on such amount at the rate of 4.63% per annum for the Class A Notes, the rate of 5.07% per annum for the Class B Notes or the rate of 5.42% per annum for the Class C Notes, as the case may be. Periodic payments of interest on the Class B Notes shall be made on each Interest Payment Date following payment in full of the interest payable in respect of the Class B A Notes shall, subject to 7.2 below, bear on such Interest Payment Date. Periodic payments of interest from (and including) on the Issue Class C Notes shall be made on each Interest Payment Date until (and including) following payment in full of the day preceding the day on which the principal amount has been reduced to zero. 7.2 The amount of interest payable in respect of all the Class A Notes and the Class B Notes on any such Interest Payment Date. Interest shall be due and paid in U.S. Dollars in respect of the Class A Notes, the Class B Notes and the Class C Notes. The interest to be paid on the Class A Notes on the first Interest Payment Date shall be calculated not later than on the first day of the Interest Period by applying the interest rate for the relevant Interest Period pursuant to Condition 7.3 to the U.S.$5.53 per U.S.$1,000 principal amount outstanding immediately prior to the relevant Payment Date and multiplying the result by the actual number of days in the relevant Interest Period divided by 365 and rounding the result to the nearest full ▇▇▇▇▇, all as determined by the Interest Determination Agent (the "Interest Determination Agent"). 7.3 Class A Notes. The interest rate calculated pursuant to Condition 7.2 shall be the sum (subject to a floor of zero) of LIBOR plus 1.20 per cent. (the "Class B Notes Interest Rate"). LIBOR shall be determined by the Interest Determination Agent on the first day of the relevant Interest Period in accordance with the definition of LIBOR provided that if there has been a public announcement of the permanent or indefinite discontinuation of LIBOR the Issuer (acting on the advice of the Servicer) shall use commercially reasonable endeavours to propose an Alternative Base Rate in accordance with clause 38.5 of the Trust Agreement no later than the discontinuation of LIBOR becoming effective. 7.4 Accrued Interest not paid on the Class B Notes on the first Interest Payment Date related to the Interest Period in which it accrued, will shall be an Interest Shortfall with respect to the U.S.$6.06 per U.S.$1,000 principal amount of Class B Notes. 7.5 On each Payment Date, the Issuer shall, subject . The interest to Condition 4.3, pay to be paid on the Class B Noteholders interest at the Class B C Notes Interest Rate on the nominal first Interest Payment Date shall be U.S.$6.47 per U.S.$1,000 principal amount of the Class B Notes outstanding immediately prior to the respective Payment Date.C Notes;

Payments of Interest. 7.1 Subject to Each Class A Note shall bear interest at the limitations set forth in Condition 4.3 rate of 2.155% per annum on the outstanding principal amount of such Class A Note and each Class B Note shall bear interest at the rate of 3.605% per annum on the outstanding principal amount of such Class B Note, in each case, payable in equal payments semi annually (except for the initial Interest Payment Date and during the Amortization Period) in arrears on each Interest Payment Date, after as well as before default and judgment with interest on overdue interest at the same rate. The interest payable on each Series 2015-3 Note on the initial Interest Payment Date shall be that interest which has accrued from the Closing Date to such Interest Payment Date, and will be calculated on the basis of a 365 day year and the outstanding principal amount of such Series 2015-3 Note on the Closing Date. Interest payable on each succeeding Interest Payment Date on each Series 2015-3 Note will accrue from the previous Interest Payment Date to the next Interest Payment Date. The interest payable on each Series 2015-3 Note on each Interest Payment Date (except for the initial Interest Payment Date and during the Amortization Period) shall be equal to the applicable rate of interest divided by two and multiplied by the principal amount of such Series 2015-3 Note outstanding at such time. During the Amortization Period, if any, interest on the outstanding principal amount of the Series 2015-3 Notes shall be calculated at a rate equal to the monthly equivalent of the applicable annual rate of interest referenced above; that is, the interest rate that, when compounded monthly for six months on a stated principal amount, yields interest in an amount equal to the applicable annual rate of interest, multiplied by such principal amount and divided by two. Any interest due but not paid on any Interest Payment Date shall be due on the next succeeding Interest Payment Date together with additional interest on such amount at the applicable rate of interest for the Class A Notes or the Class B Notes, as the case may be. Periodic payments of interest on the Class B Notes shall be made on each Interest Payment Date following payment in full of the interest payable in respect of the Class B Notes shall, subject to 7.2 below, bear interest from (and including) the Issue Date until (and including) the day preceding the day on which the principal amount has been reduced to zero. 7.2 The amount of interest payable in respect of all Class B A Notes on any Payment Date shall be calculated not later than on the first day of the such Interest Period by applying the interest rate for the relevant Interest Period pursuant to Condition 7.3 to the principal amount outstanding immediately prior to the relevant Payment Date and multiplying the result by the actual number of days in the relevant Interest Period divided by 365 and rounding the result to the nearest full ▇▇▇▇▇, all as determined by the Interest Determination Agent (the "Interest Determination Agent"). 7.3 The interest rate calculated pursuant to Condition 7.2 shall be the sum (subject to a floor of zero) of LIBOR plus 1.20 per cent. (the "Class B Notes Interest Rate"). LIBOR shall be determined by the Interest Determination Agent on the first day of the relevant Interest Period in accordance with the definition of LIBOR provided that if there has been a public announcement of the permanent or indefinite discontinuation of LIBOR the Issuer (acting on the advice of the Servicer) shall use commercially reasonable endeavours to propose an Alternative Base Rate in accordance with clause 38.5 of the Trust Agreement no later than the discontinuation of LIBOR becoming effective. 7.4 Accrued Interest not paid on the Class B Notes on the Payment Date related to the Interest Period in which it accrued, will be an Interest Shortfall with respect to the Class B Notes. 7.5 On each Payment Date, the Issuer shall, subject to Condition 4.3, pay to the Class B Noteholders interest at the Class B Notes Interest Rate on the nominal amount of the Class B Notes outstanding immediately prior to the respective Payment Date.

Payments of Interest. 7.1 Subject to Each Class A Note shall bear interest at the limitations set forth in Condition 4.3 rate of 4.477% per annum (or, during an Amortization Period, at the rate indicated below) on the outstanding principal amount of such Class A Note, each Class B Note shall bear interest at the rate of 5.107% per annum (or, during an Amortization Period, at the rate indicated below) on the outstanding principal amount of such Class B Note and each Class C Note shall bear interest at the rate of 6.457% per annum (or, during an Amortization Period, at the rate indicated below) on the outstanding principal amount of such Class C Note, in each case, payable in equal payments semi annually (except during an Amortization Period) in arrears on each Interest Payment Date, after as well as before default and judgment with interest on overdue interest at the same rate. The interest payable on each Series 2023-1 Note on the initial Interest Payment Date shall be that interest which has accrued from the Closing Date to such Interest Payment Date, and will be calculated on the basis of a 365 day year and the outstanding principal amount of such Series 2023-1 Note on the Closing Date. Interest payable on each succeeding Interest Payment Date on each Series 2023-1 Note will accrue from the previous Interest Payment Date to the next Interest Payment Date and will be calculated on the basis of a 365 day year and the outstanding principal amount of such Series 2023-1 Note on the previous Interest Payment Date after giving effect to any payments of principal on such previous Interest Payment Date. During the Amortization Period, if any, interest on each Series 2023-1 Note shall be calculated at a rate equal to the monthly equivalent of the applicable annual rate of interest referenced above; that is, the interest rate that, when compounded monthly for six months on the outstanding principal amount of such Series 2023-1 Note on the previous Interest Payment Date after giving effect to any payments of principal on such previous Interest Payment Date, yields interest in an amount equal to the applicable annual rate of interest, multiplied by such principal amount and divided by two. Any interest due but not paid on any Interest Payment Date shall be due on the next succeeding Interest Payment Date together with additional interest on such amount at the applicable rate of interest for the Class A Notes, the Class B Notes or the Class C Notes, as the case may be. Periodic payments of interest on the Class B Notes shall be made on each Interest Payment Date following payment in full of the interest payable in respect of the Class B A Notes shall, subject to 7.2 below, bear on such Interest Payment Date. Periodic payments of interest from (and including) on the Issue Class C Notes shall be made on each Interest Payment Date until (and including) following payment in full of the day preceding the day on which the principal amount has been reduced to zero. 7.2 The amount of interest payable in respect of all the Class B A Notes on any Payment Date shall be calculated not later than on the first day of the Interest Period by applying the interest rate for the relevant Interest Period pursuant to Condition 7.3 to the principal amount outstanding immediately prior to the relevant Payment Date and multiplying the result by the actual number of days in the relevant Interest Period divided by 365 and rounding the result to the nearest full ▇▇▇▇▇, all as determined by the Interest Determination Agent (the "Interest Determination Agent"). 7.3 The interest rate calculated pursuant to Condition 7.2 shall be the sum (subject to a floor of zero) of LIBOR plus 1.20 per cent. (the "Class B Notes Interest Rate"). LIBOR shall be determined by the Interest Determination Agent on the first day of the relevant Interest Period in accordance with the definition of LIBOR provided that if there has been a public announcement of the permanent or indefinite discontinuation of LIBOR the Issuer (acting on the advice of the Servicer) shall use commercially reasonable endeavours to propose an Alternative Base Rate in accordance with clause 38.5 of the Trust Agreement no later than the discontinuation of LIBOR becoming effective. 7.4 Accrued Interest not paid on the Class B Notes on the Payment Date related to the such Interest Period in which it accrued, will be an Interest Shortfall with respect to the Class B Notes. 7.5 On each Payment Date, the Issuer shall, subject to Condition 4.3, pay to the Class B Noteholders interest at the Class B Notes Interest Rate on the nominal amount of the Class B Notes outstanding immediately prior to the respective Payment Date.

Payments of Interest. 7.1 Subject Each Class A Note shall bear interest at the rate of 3.047% per annum for each Interest Period and each Class B Note shall bear interest at the rate of 4.297% per annum for each Interest Period, in each case, payable monthly in arrears on each Interest Payment Date, after as well as before default and judgment with interest on overdue interest at the same rate. The interest payable on each Class A Note on each Interest Payment Date (except for the initial Interest Payment Date) shall be equal to the limitations set forth in Condition 4.3 rate of 3.047% per annum divided by twelve and multiplied by the outstanding U.S.$ principal amount of such Class A Note outstanding on such Interest Payment Date prior to the payment of any principal on such Class A Note on such Interest Payment Date. The interest payable on each Class B Note on each Interest Payment Date (except for the initial Interest Payment Date) shall be equal to the rate of 4.297% per annum divided by twelve and multiplied by the principal amount of such Class B Note outstanding on such Interest Payment Date prior to the payment of any principal on such Class B Note on such Interest Payment Date. Any interest due but not paid on any Interest Payment Date shall be due on the next succeeding Interest Payment Date together with additional interest on such amount at the rate of 3.047% per annum for the Class A Notes or the rate of 4.297% per annum for the Class B Notes, as the case may be. Periodic payments of interest on the Class B Notes shall be made on each Interest Payment Date following payment in full of the interest payable in respect of the Class B A Notes shall, subject to 7.2 below, bear interest from (on such Interest Payment Date. Interest shall be due and including) the Issue Date until (and including) the day preceding the day on which the principal amount has been reduced to zero. 7.2 The amount of interest payable paid in U.S. Dollars in respect of all the Class A Notes and in Canadian Dollars with respect to the Class B Notes. The interest to be paid on the Class A Notes on any the first Interest Payment Date shall be calculated not later than on the first day of the Interest Period by applying the interest rate for the relevant Interest Period pursuant to Condition 7.3 to the U.S.$2.88 per U.S.$1,000 principal amount outstanding immediately prior to the relevant Payment Date and multiplying the result by the actual number of days in the relevant Interest Period divided by 365 and rounding the result to the nearest full ▇▇▇▇▇, all as determined by the Interest Determination Agent (the "Interest Determination Agent"). 7.3 Class A Notes. The interest rate calculated pursuant to Condition 7.2 shall be the sum (subject to a floor of zero) of LIBOR plus 1.20 per cent. (the "Class B Notes Interest Rate"). LIBOR shall be determined by the Interest Determination Agent on the first day of the relevant Interest Period in accordance with the definition of LIBOR provided that if there has been a public announcement of the permanent or indefinite discontinuation of LIBOR the Issuer (acting on the advice of the Servicer) shall use commercially reasonable endeavours to propose an Alternative Base Rate in accordance with clause 38.5 of the Trust Agreement no later than the discontinuation of LIBOR becoming effective. 7.4 Accrued Interest not paid on the Class B Notes on the first Interest Payment Date related to the Interest Period in which it accrued, will shall be an Interest Shortfall with respect to the $4.06 per $1,000 principal amount of Class B Notes. 7.5 On each Payment Date, the Issuer shall, subject to Condition 4.3, pay to the Class B Noteholders interest at the Class B Notes Interest Rate on the nominal amount of the Class B Notes outstanding immediately prior to the respective Payment Date.;

Payments of Interest. 7.1 Subject Each Class A Note shall bear interest at an annual rate of interest equal to the limitations then applicable Class A Interest Rate for each Interest Period, each Class B Note shall bear interest at the rate of 6.379% per annum for each Interest Period and each Class C Note shall bear interest at the rate of 7.108% per annum for each Interest Period, in each case, payable monthly in arrears on each Interest Payment Date, after as well as before default and judgment with interest on overdue interest at the same rate. The interest payable on each Class A Note on each Interest Payment Date (except for the initial Interest Payment Date) shall be equal to the then applicable Class A Interest Rate multiplied by the product of (i) a fraction, the numerator of which is the number of days in the applicable Interest Period and the denominator of which is 360, and (ii) the U.S.$ principal amount of such Class A Note outstanding on such Interest Payment Date prior to the payment of any principal on such Class A Note on such Interest Payment Date. The interest payable on each Class B Note on each Interest Payment Date (except for the initial Interest Payment Date) shall be equal to the rate of 6.379% per annum divided by twelve and multiplied by the U.S.$ principal amount of such Class B Note outstanding on such Interest Payment Date prior to the payment of any principal on such Class B Note on such Interest Payment Date. The interest payable on each Class C Note on each Interest Payment Date (except for the initial Interest Payment Date) shall be equal to the rate of 7.108% per annum divided by twelve and multiplied by the U.S.$ principal amount of such Class C Note outstanding on such Interest Payment Date prior to the payment of any principal on such Class C Note on such Interest Payment Date. Any interest due but not paid on any Interest Payment Date shall be due on the next succeeding Interest Payment Date together with additional interest on such amount at an annual rate of interest equal to the then applicable Class A Interest Rate for the Class A Notes, the rate of 6.379% per annum for the Class B Notes or the rate of 7.108% per annum for the Class C Notes, as the case may be. If, with respect to any Interest Period, the Calculation Agent determines that a Benchmark Transition Event and its related Benchmark Replacement Date have occurred prior to the Reference Time in respect of any determination of the Benchmark on any date, the Benchmark Replacement will replace the then-current Benchmark for all purposes relating to the Class A Notes in respect of such determination on such date and all determinations on all subsequent dates, provided that the Calculation Agent may in its sole discretion delay the date on which the Benchmark Replacement will apply to a date not later than the first day of the second full Interest Period following the related Benchmark Replacement Date. In connection with the implementation of a Benchmark Replacement, the Calculation Agent will have the right to make Benchmark Replacement Conforming Changes from time to time. Any determination, decision or election that may be made by the Calculation Agent pursuant to this Section 2.1(f), including any determination with respect to a tenor, rate or adjustment or of the occurrence or non-occurrence of an event, circumstance or date and any decision to take or refrain from taking any action or any selection (i) will be conclusive and binding absent manifest error; (ii) will be made in the Calculation Agent’s sole discretion; and (iii) shall become effective without consent from any other party. The Calculation Agent may designate an entity (which may be an Affiliate) to make any determination, decision or election that the Calculation Agent has the right to make in connection with the benchmark replacement provisions set forth in Condition 4.3 this Section 2.1(f). For the outstanding principal amount avoidance of doubt, in accordance with the benchmark replacement provisions in this Section 2.1(f), after a Benchmark Transition Event and its related Benchmark Replacement Date have occurred, the interest payable for each Interest Period on the Class A Notes will be an annual rate equal to the sum of the Benchmark Replacement and the applicable margin. Periodic payments of interest on the Class B Notes shall be made on each Interest Payment Date following payment in full of the interest payable in respect of the Class B A Notes shall, subject to 7.2 below, bear on such Interest Payment Date. Periodic payments of interest from (and including) on the Issue Class C Notes shall be made on each Interest Payment Date until (and including) following payment in full of the day preceding the day on which the principal amount has been reduced to zero. 7.2 The amount of interest payable in respect of all the Class A Notes and the Class B Notes on any such Interest Payment Date. Interest shall be due and paid in U.S. Dollars in respect of the Class A Notes, the Class B Notes and the Class C Notes. The interest to be paid on the Class A Notes on the first Interest Payment Date shall be calculated not later than based on the first USD Compounded SOFR Index five U.S. Government Securities Business Days preceding the last day of the initial Interest Period by applying the interest rate for the relevant Interest Period pursuant to Condition 7.3 to the principal amount outstanding immediately prior to the relevant Payment Date and multiplying the result by the actual number of days in the relevant Interest Period divided by 365 and rounding the result to the nearest full ▇▇▇▇▇, all as determined by the Interest Determination Agent (the "Interest Determination Agent"). 7.3 plus 0.85% per annum. The interest rate calculated pursuant to Condition 7.2 shall be the sum (subject to a floor of zero) of LIBOR plus 1.20 per cent. (the "Class B Notes Interest Rate"). LIBOR shall be determined by the Interest Determination Agent on the first day of the relevant Interest Period in accordance with the definition of LIBOR provided that if there has been a public announcement of the permanent or indefinite discontinuation of LIBOR the Issuer (acting on the advice of the Servicer) shall use commercially reasonable endeavours to propose an Alternative Base Rate in accordance with clause 38.5 of the Trust Agreement no later than the discontinuation of LIBOR becoming effective. 7.4 Accrued Interest not paid on the Class B Notes on the first Interest Payment Date related to the Interest Period in which it accrued, will shall be an Interest Shortfall with respect to the U.S.$8.68 per U.S.$1,000 principal amount of Class B Notes. 7.5 On each Payment Date, the Issuer shall, subject . The interest to Condition 4.3, pay to be paid on the Class B Noteholders interest at the Class B C Notes Interest Rate on the nominal first Interest Payment Date shall be U.S.$9.67 per U.S.$1,000 principal amount of the Class B Notes outstanding immediately prior to the respective Payment Date.C Notes;

Payments of Interest. 7.1 Subject to Each Class A Note shall bear interest at the limitations set forth in Condition 4.3 rate of 2.229% per annum (or, during an Amortization Period, at the rate indicated below) on the outstanding principal amount of such Class A Note, each Class B Note shall bear interest at the rate of 2.809% per annum (or, during an Amortization Period, at the rate indicated below) on the outstanding principal amount of such Class B Note and each Class C Note shall bear interest at the rate of 3.609% per annum (or, during an Amortization Period, at the rate indicated below) on the outstanding principal amount of such Class C Note, in each case, payable in equal payments semi annually (except during an Amortization Period) in arrears on each Interest Payment Date, after as well as before default and judgment with interest on overdue interest at the same rate. The interest payable on each Series 2022-1 Note on the initial Interest Payment Date shall be that interest which has accrued from the Closing Date to such Interest Payment Date, and will be calculated on the basis of a 365 day year and the outstanding principal amount of such Series 2022-1 Note on the Closing Date. Interest payable on each succeeding Interest Payment Date on each Series 2022-1 Note will accrue from the previous Interest Payment Date to the next Interest Payment Date and will be calculated on the basis of a 365 day year and the outstanding principal amount of such Series 2022-1 Note on the previous Interest Payment Date after giving effect to any payments of principal on such previous Interest Payment Date. During the Amortization Period, if any, interest on each Series 2022-1 Note shall be calculated at a rate equal to the monthly equivalent of the applicable annual rate of interest referenced above; that is, the interest rate that, when compounded monthly for six months on the outstanding principal amount of such Series 2022-1 Note on the previous Interest Payment Date after giving effect to any payments of principal on such previous Interest Payment Date, yields interest in an amount equal to the applicable annual rate of interest, multiplied by such principal amount and divided by two. Any interest due but not paid on any Interest Payment Date shall be due on the next succeeding Interest Payment Date together with additional interest on such amount at the applicable rate of interest for the Class A Notes, the Class B Notes or the Class C Notes, as the case may be. Periodic payments of interest on the Class B Notes shall be made on each Interest Payment Date following payment in full of the interest payable in respect of the Class B A Notes shall, subject to 7.2 below, bear on such Interest Payment Date. Periodic payments of interest from (and including) on the Issue Class C Notes shall be made on each Interest Payment Date until (and including) following payment in full of the day preceding the day on which the principal amount has been reduced to zero. 7.2 The amount of interest payable in respect of all the Class B A Notes on any Payment Date shall be calculated not later than on the first day of the Interest Period by applying the interest rate for the relevant Interest Period pursuant to Condition 7.3 to the principal amount outstanding immediately prior to the relevant Payment Date and multiplying the result by the actual number of days in the relevant Interest Period divided by 365 and rounding the result to the nearest full ▇▇▇▇▇, all as determined by the Interest Determination Agent (the "Interest Determination Agent"). 7.3 The interest rate calculated pursuant to Condition 7.2 shall be the sum (subject to a floor of zero) of LIBOR plus 1.20 per cent. (the "Class B Notes Interest Rate"). LIBOR shall be determined by the Interest Determination Agent on the first day of the relevant Interest Period in accordance with the definition of LIBOR provided that if there has been a public announcement of the permanent or indefinite discontinuation of LIBOR the Issuer (acting on the advice of the Servicer) shall use commercially reasonable endeavours to propose an Alternative Base Rate in accordance with clause 38.5 of the Trust Agreement no later than the discontinuation of LIBOR becoming effective. 7.4 Accrued Interest not paid on the Class B Notes on the Payment Date related to the such Interest Period in which it accrued, will be an Interest Shortfall with respect to the Class B Notes. 7.5 On each Payment Date, the Issuer shall, subject to Condition 4.3, pay to the Class B Noteholders interest at the Class B Notes Interest Rate on the nominal amount of the Class B Notes outstanding immediately prior to the respective Payment Date.

Payments of Interest. 7.1 Subject Each Class A Note shall bear interest at an annual rate of interest equal to the limitations then applicable Class A Interest Rate for each Interest Period, each Class B Note shall bear interest at the rate of 5.45% per annum for each Interest Period and each Class C Note shall bear interest at the rate of 5.84% per annum for each Interest Period, in each case, payable monthly in arrears on each Interest Payment Date, after as well as before default and judgment with interest on overdue interest at the same rate. The interest payable on each Class A Note on each Interest Payment Date (except for the initial Interest Payment Date) shall be equal to the then applicable Class A Interest Rate multiplied by the product of (i) a fraction, the numerator of which is the number of days in the applicable Interest Period and the denominator of which is 360, and (ii) the U.S.$ principal amount of such Class A Note outstanding on such Interest Payment Date prior to the payment of any principal on such Class A Note on such Interest Payment Date. The interest payable on each Class B Note on each Interest Payment Date (except for the initial Interest Payment Date) shall be equal to the rate of 5.45% per annum divided by twelve and multiplied by the U.S.$ principal amount of such Class B Note outstanding on such Interest Payment Date prior to the payment of any principal on such Class B Note on such Interest Payment Date. The interest payable on each Class C Note on each Interest Payment Date (except for the initial Interest Payment Date) shall be equal to the rate of 5.84% per annum divided by twelve and multiplied by the U.S.$ principal amount of such Class C Note outstanding on such Interest Payment Date prior to the payment of any principal on such Class C Note on such Interest Payment Date. Any interest due but not paid on any Interest Payment Date shall be due on the next succeeding Interest Payment Date together with additional interest on such amount at an annual rate of interest equal to the then applicable Class A Interest Rate for the Class A Notes, the rate of 5.45% per annum for the Class B Notes or the rate of 5.84% per annum for the Class C Notes, as the case may be. If, with respect to any Interest Period, the Calculation Agent determines that a Benchmark Transition Event and its related Benchmark Replacement Date have occurred prior to the Reference Time in respect of any determination of the Benchmark on any date, the Benchmark Replacement will replace the then-current Benchmark for all purposes relating to the Class A Notes in respect of such determination on such date and all determinations on all subsequent dates, provided that the Calculation Agent may in its sole discretion delay the date on which the Benchmark Replacement will apply to a date not later than the first day of the second full Interest Period following the related Benchmark Replacement Date. In connection with the implementation of a Benchmark Replacement, the Calculation Agent will have the right to make Benchmark Replacement Conforming Changes from time to time. Any determination, decision or election that may be made by the Calculation Agent pursuant to this Section 2.1(f), including any determination with respect to a tenor, rate or adjustment or of the occurrence or non-occurrence of an event, circumstance or date and any decision to take or refrain from taking any action or any selection (i) will be conclusive and binding absent manifest error; (ii) will be made in the Calculation Agent’s sole discretion; and (iii) shall become effective without consent from any other party. The Calculation Agent may designate an entity (which may be an Affiliate) to make any determination, decision or election that the Calculation Agent has the right to make in connection with the benchmark replacement provisions set forth in Condition 4.3 this Section 2.1(f). For the outstanding principal amount avoidance of doubt, in accordance with the benchmark replacement provisions in this Section 2.1(f), after a Benchmark Transition Event and its related Benchmark Replacement Date have occurred, the interest payable for each Interest Period on the Class A Notes will be an annual rate equal to the sum of the Benchmark Replacement and the applicable margin. Periodic payments of interest on the Class B Notes shall be made on each Interest Payment Date following payment in full of the interest payable in respect of the Class B A Notes shall, subject to 7.2 below, bear on such Interest Payment Date. Periodic payments of interest from (and including) on the Issue Class C Notes shall be made on each Interest Payment Date until (and including) following payment in full of the day preceding the day on which the principal amount has been reduced to zero. 7.2 The amount of interest payable in respect of all the Class A Notes and the Class B Notes on any such Interest Payment Date. Interest shall be due and paid in U.S. Dollars in respect of the Class A Notes, the Class B Notes and the Class C Notes. The interest to be paid on the Class A Notes on the first Interest Payment Date shall be calculated not later than based on the first USD Compounded SOFR Index five U.S. Government Securities Business Days preceding the last day of the initial Interest Period by applying the interest rate for the relevant Interest Period pursuant to Condition 7.3 to the principal amount outstanding immediately prior to the relevant Payment Date and multiplying the result by the actual number of days in the relevant Interest Period divided by 365 and rounding the result to the nearest full ▇▇▇▇▇, all as determined by the Interest Determination Agent (the "Interest Determination Agent"). 7.3 plus 0.68% per annum. The interest rate calculated pursuant to Condition 7.2 shall be the sum (subject to a floor of zero) of LIBOR plus 1.20 per cent. (the "Class B Notes Interest Rate"). LIBOR shall be determined by the Interest Determination Agent on the first day of the relevant Interest Period in accordance with the definition of LIBOR provided that if there has been a public announcement of the permanent or indefinite discontinuation of LIBOR the Issuer (acting on the advice of the Servicer) shall use commercially reasonable endeavours to propose an Alternative Base Rate in accordance with clause 38.5 of the Trust Agreement no later than the discontinuation of LIBOR becoming effective. 7.4 Accrued Interest not paid on the Class B Notes on the first Interest Payment Date related to the Interest Period in which it accrued, will shall be an Interest Shortfall with respect to the U.S.$6.96 per U.S.$1,000 principal amount of Class B Notes. 7.5 On each Payment Date, the Issuer shall, subject . The interest to Condition 4.3, pay to be paid on the Class B Noteholders interest at the Class B C Notes Interest Rate on the nominal first Interest Payment Date shall be U.S.$7.46 per U.S.$1,000 principal amount of the Class B Notes outstanding immediately prior to the respective Payment Date.C Notes;

Payments of Interest. 7.1 Subject to Each Class A Note shall bear interest at the limitations set forth in Condition 4.3 rate of 4.331% per annum (or, during an Amortization Period, at the rate indicated below) on the outstanding principal amount of such Class A Note, each Class B Note shall bear interest at the rate of 5.031% per annum (or, during an Amortization Period, at the rate indicated below) on the outstanding principal amount of such Class B Note and each Class C Note shall bear interest at the rate of 6.080% per annum (or, during an Amortization Period, at the rate indicated below) on the outstanding principal amount of such Class C Note, in each case, payable in equal payments semi annually (except during an Amortization Period) in arrears on each Interest Payment Date, after as well as before default and judgment with interest on overdue interest at the same rate. The interest payable on each Series 2022-3 Note on the initial Interest Payment Date shall be that interest which has accrued from the Closing Date to such Interest Payment Date, and will be calculated on the basis of a 365 day year and the outstanding principal amount of such Series 2022-3 Note on the Closing Date. Interest payable on each succeeding Interest Payment Date on each Series 2022-3 Note will accrue from the previous Interest Payment Date to the next Interest Payment Date and will be calculated on the basis of a 365 day year and the outstanding principal amount of such Series 2022-3 Note on the previous Interest Payment Date after giving effect to any payments of principal on such previous Interest Payment Date. During the Amortization Period, if any, interest on each Series 2022-3 Note shall be calculated at a rate equal to the monthly equivalent of the applicable annual rate of interest referenced above; that is, the interest rate that, when compounded monthly for six months on the outstanding principal amount of such Series 2022-3 Note on the previous Interest Payment Date after giving effect to any payments of principal on such previous Interest Payment Date, yields interest in an amount equal to the applicable annual rate of interest, multiplied by such principal amount and divided by two. Any interest due but not paid on any Interest Payment Date shall be due on the next succeeding Interest Payment Date together with additional interest on such amount at the applicable rate of interest for the Class A Notes, the Class B Notes or the Class C Notes, as the case may be. Periodic payments of interest on the Class B Notes shall be made on each Interest Payment Date following payment in full of the interest payable in respect of the Class B A Notes shall, subject to 7.2 below, bear on such Interest Payment Date. Periodic payments of interest from (and including) on the Issue Class C Notes shall be made on each Interest Payment Date until (and including) following payment in full of the day preceding the day on which the principal amount has been reduced to zero. 7.2 The amount of interest payable in respect of all the Class B A Notes on any Payment Date shall be calculated not later than on the first day of the Interest Period by applying the interest rate for the relevant Interest Period pursuant to Condition 7.3 to the principal amount outstanding immediately prior to the relevant Payment Date and multiplying the result by the actual number of days in the relevant Interest Period divided by 365 and rounding the result to the nearest full ▇▇▇▇▇, all as determined by the Interest Determination Agent (the "Interest Determination Agent"). 7.3 The interest rate calculated pursuant to Condition 7.2 shall be the sum (subject to a floor of zero) of LIBOR plus 1.20 per cent. (the "Class B Notes Interest Rate"). LIBOR shall be determined by the Interest Determination Agent on the first day of the relevant Interest Period in accordance with the definition of LIBOR provided that if there has been a public announcement of the permanent or indefinite discontinuation of LIBOR the Issuer (acting on the advice of the Servicer) shall use commercially reasonable endeavours to propose an Alternative Base Rate in accordance with clause 38.5 of the Trust Agreement no later than the discontinuation of LIBOR becoming effective. 7.4 Accrued Interest not paid on the Class B Notes on the Payment Date related to the such Interest Period in which it accrued, will be an Interest Shortfall with respect to the Class B Notes. 7.5 On each Payment Date, the Issuer shall, subject to Condition 4.3, pay to the Class B Noteholders interest at the Class B Notes Interest Rate on the nominal amount of the Class B Notes outstanding immediately prior to the respective Payment Date.

Payments of Interest. 7.1 Subject Each Class A Note shall bear interest at the Class A Note Interest Rate for each Interest Period, each Class B Note shall bear interest at the Class B Note Interest Rate for each Interest Period and each Class C Note shall bear interest at the Class C Note Interest Rate for each Interest Period, in each case, payable monthly in arrears on each Interest Payment Date, after as well as before default and judgment with interest on overdue interest at the same rate. The interest payable on each Class A Note on each Interest Payment Date shall be equal to the limitations set forth Class A Note Interest Rate multiplied by the product of (i) a fraction, the numerator of which is the number of days in Condition 4.3 the outstanding applicable Interest Period and the denominator of which is 360, and (ii) the U.S.$ principal amount of such Class A Note outstanding on the first Business Day of such Interest Period. The interest payable on each Class B Note on each Interest Payment Date shall be equal to the Class B Note Interest Rate multiplied by the product of (i) a fraction, the numerator of which is the number of days in the applicable Interest Period and the denominator of which is 365, and (ii) the principal amount of such Class B Note outstanding on the first Business Day of such Interest Period. The interest payable on each Class C Note on each Interest Payment Date shall be equal to the Class C Note Interest Rate multiplied by the product of (i) a fraction, the numerator of which is the number of days in the applicable Interest Period and the denominator of which is 365, and (ii) the principal amount of such Class C Note outstanding on the first Business Day of such Interest Period. Any interest due but not paid on any Interest Payment Date shall be due on the next succeeding Interest Payment Date together with additional interest on such amount at the applicable rate of interest for the Class A Notes, the Class B Notes or the Class C Notes, as the case may be. Periodic payments of interest on the Class B Notes shall be made on each Interest Payment Date following payment in full of the interest payable in respect of the Class B A Notes shall, subject to 7.2 below, bear on such Interest Payment Date. Periodic payments of interest from (and including) on the Issue Class C Notes shall be made on each Interest Payment Date until (and including) following payment in full of the day preceding the day on which the principal amount has been reduced to zero. 7.2 The amount of interest payable in respect of all the Class B A Notes on any Payment Date shall be calculated not later than on the first day of the Interest Period by applying the interest rate for the relevant Interest Period pursuant to Condition 7.3 to the principal amount outstanding immediately prior to the relevant Payment Date and multiplying the result by the actual number of days in the relevant Interest Period divided by 365 and rounding the result to the nearest full ▇▇▇▇▇, all as determined by the Interest Determination Agent (the "Interest Determination Agent"). 7.3 The interest rate calculated pursuant to Condition 7.2 shall be the sum (subject to a floor of zero) of LIBOR plus 1.20 per cent. (the "Class B Notes Interest Rate"). LIBOR shall be determined by the Interest Determination Agent on the first day of the relevant Interest Period in accordance with the definition of LIBOR provided that if there has been a public announcement of the permanent or indefinite discontinuation of LIBOR the Issuer (acting on the advice of the Servicer) shall use commercially reasonable endeavours to propose an Alternative Base Rate in accordance with clause 38.5 of the Trust Agreement no later than the discontinuation of LIBOR becoming effective. 7.4 Accrued Interest not paid on the Class B Notes on such Interest Payment Date. Interest shall be due and paid in U.S. Dollars in respect of the Payment Date related to the Interest Period Class A Notes and in which it accrued, will be an Interest Shortfall Canadian Dollars with respect to the Class B Notes. 7.5 On each Payment Date, the Issuer shall, subject to Condition 4.3, pay to Notes and the Class B Noteholders interest at the Class B Notes Interest Rate on the nominal amount of the Class B Notes outstanding immediately prior to the respective Payment Date.C Notes;

Payments of Interest. 7.1 Subject Each Class A Note shall bear interest at the Class A Note Interest Rate for each Interest Period and each Class B Note shall bear interest at the Class B Note Interest Rate for each Interest Period, in each case, payable monthly in arrears on each Interest Payment Date, after as well as before default and judgment with interest on overdue interest at the same rate. The interest payable on each Class A Note on each Interest Payment Date shall be equal to the limitations set forth Class A Note Interest Rate multiplied by the product of (i) a fraction, the numerator of which is the number of days in Condition 4.3 the outstanding applicable Interest Period and the denominator of which is 360, and (ii) the U.S.$ principal amount of such Class A Note outstanding on the first Business Day of such Interest Period. The interest payable on each Class B Note on each Interest Payment Date shall be equal to the Class B Note Interest Rate multiplied by the product of (i) a fraction, the numerator of which is the number of days in the applicable Interest Period and the denominator of which is 365, and (ii) the principal amount of such Class B Note outstanding on the first Business Day of such Interest Period. Any interest due but not paid on any Interest Payment Date shall be due on the next succeeding Interest Payment Date together with additional interest on such amount at the applicable rate of interest for the Class A Notes or the Class B Notes, as the case may be. Periodic payments of interest on the Class B Notes shall be made on each Interest Payment Date following payment in full of the interest payable in respect of the Class B A Notes shall, subject to 7.2 below, bear interest from (on such Interest Payment Date. Interest shall be due and including) the Issue Date until (and including) the day preceding the day on which the principal amount has been reduced to zero. 7.2 The amount of interest payable paid in U.S. Dollars in respect of all Class B Notes on any Payment Date shall be calculated not later than on the first day of the Interest Period by applying the interest rate for the relevant Interest Period pursuant to Condition 7.3 to the principal amount outstanding immediately prior to the relevant Payment Date and multiplying the result by the actual number of days in the relevant Interest Period divided by 365 and rounding the result to the nearest full ▇▇▇▇▇, all as determined by the Interest Determination Agent (the "Interest Determination Agent"). 7.3 The interest rate calculated pursuant to Condition 7.2 shall be the sum (subject to a floor of zero) of LIBOR plus 1.20 per cent. (the "Class B Notes Interest Rate"). LIBOR shall be determined by the Interest Determination Agent on the first day of the relevant Interest Period in accordance with the definition of LIBOR provided that if there has been a public announcement of the permanent or indefinite discontinuation of LIBOR the Issuer (acting on the advice of the Servicer) shall use commercially reasonable endeavours to propose an Alternative Base Rate in accordance with clause 38.5 of the Trust Agreement no later than the discontinuation of LIBOR becoming effective. 7.4 Accrued Interest not paid on the Class B A Notes on the Payment Date related to the Interest Period and in which it accrued, will be an Interest Shortfall Canadian Dollars with respect to the Class B Notes. 7.5 On each Payment Date, the Issuer shall, subject to Condition 4.3, pay to the Class B Noteholders interest at the Class B Notes Interest Rate on the nominal amount of the Class B Notes outstanding immediately prior to the respective Payment Date.;