Common use of Private Notes Clause in Contracts

Private Notes. Class A-1 Notes ▇▇▇▇▇▇▇ Lynch, Pierce, ▇▇▇▇▇▇ & ▇▇▇▇▇ Incorporated Credit Suisse Securities (USA) LLC RBC Capital Markets, LLC Banco Bradesco BBI S.A. Lloyds Securities Inc. Pricing Date: May 14, 2013 Time of Sale: 12:22 p.m. (EST), May 14, 2013 Closing Date: May 21, 2013 The ratings on each Class of Publicly Registered Notes from the NRSROs specified in the Time of Sale Information. Class A-2 Notes $ 434,800,000 0.38 % 99.82195 % 0.170 % February 15, 2016 Class A-3 Notes $ 406,400,000 0.57 % 99.77482 % 0.220 % October 15, 2017 Class A-4 Notes $ 116,330,000 0.76 % 99.71410 % 0.270 % August 15, 2018 Class B Notes $ 39,460,000 1.11 % 99.69837 % 0.300 % October 15, 2018 Class C Notes $ 26,310,000 1.32 % 99.65318 % 0.330 % January 15, 2019 Class D Notes $ 26,310,000 1.82 % 99.64588 % 0.350 % November 15, 2019 ▇▇▇▇▇▇▇ Lynch, Pierce, ▇▇▇▇▇▇ & ▇▇▇▇▇ Incorporated $ 130,440,000 $ 121,920,000 $ 34,899,000 Credit Suisse Securities (USA) LLC 130,440,000 121,920,000 34,899,000 RBC Capital Markets, LLC 130,440,000 121,920,000 34,900,000 Banco Bradesco BBI S.A. 21,740,000 20,320,000 5,816,000 Lloyds Securities Inc. 21,740,000 20,320,000 5,816,000 Total $ 434,800,000 $ 406,400,000 $ 116,330,000 ▇▇▇▇▇▇▇ Lynch, Pierce, ▇▇▇▇▇▇ & ▇▇▇▇▇ Incorporated $ 13,153,000 $ 8,770,000 $ 8,770,000 Credit Suisse Securities (USA) LLC 13,153,000 8,770,000 8,770,000 RBC Capital Markets, LLC 13,154,000 8,770,000 8,770,000 Total $ 39,460,000 $ 26,310,000 $ 26,310,000 Trust: Ford Credit Auto Owner Trust 2013-B. Owner Trustee: U.S. Bank Trust National Association. Indenture Trustee: The Bank of New York Mellon.

Private Notes. Class A-1 Notes Credit Agricole Securities (USA) Inc. ▇▇▇▇▇▇▇, Sachs & Co. ▇.▇. ▇▇▇▇▇▇ Securities LLC ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Lynch, Pierce, ▇▇▇▇▇▇ & ▇▇▇▇▇ Incorporated Credit Suisse Securities (USA) Co. LLC RBC Capital Markets, LLC Banco Bradesco BBI S.A. Lloyds Securities Inc. Pricing Date: May 14March 12, 2013 Time of Sale: 12:22 p.m. 3:49 PM (ESTEDT), May 14March 12, 2013 Closing Date: May 21March 20, 2013 The ratings on each Class of Publicly Registered Notes from the NRSROs specified in the Time of Sale Information. Class A-2 Notes $ 434,800,000 0.38 344,000,000 0.46 % 99.82195 99.79189 % 0.170 0.200 % February May 15, 2015 Class A-3 Notes $ 344,000,000 0.60 % 99.74018 % 0.250 % March 15, 2016 Class A-3 A-4 Notes $ 406,400,000 0.57 69,470,000 0.78 % 99.77482 99.69588 % 0.220 0.300 % April 15, 2016 Class B Notes $ 44,680,000 1.01 % 99.62538 % 0.350 % May 15, 2016 Class C Notes $ 44,680,000 1.28 % 99.59077 % 0.400 % June 15, 2016 Class D Notes $ 31,276,000 1.79 % 99.54920 % 0.450 % October 15, 2017 Class A-4 Notes Credit Agricole Securities (USA) Inc. $ 116,330,000 0.76 % 99.71410 % 0.270 % August 1586,000,000 $ 86,000,000 $ 17,368,000 ▇▇▇▇▇▇▇, 2018 Class B Notes $ 39,460,000 1.11 % 99.69837 % 0.300 % October 15, 2018 Class C Notes $ 26,310,000 1.32 % 99.65318 % 0.330 % January 15, 2019 Class D Notes $ 26,310,000 1.82 % 99.64588 % 0.350 % November 15, 2019 Sachs & Co. 86,000,000 86,000,000 17,367,000 ▇.▇. ▇▇▇▇▇▇ Securities LLC 86,000,000 86,000,000 17,368,000 ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Lynch& Co. LLC 86,000,000 86,000,000 17,367,000 Total $ 344,000,000 $ 344,000,000 $ 69,470,000 Credit Agricole Securities (USA) Inc. $ 11,170,000 $ 11,170,000 $ 7,819,000 ▇▇▇▇▇▇▇, Pierce, Sachs & Co. 11,170,000 11,170,000 7,819,000 ▇.▇. ▇▇▇▇▇▇ Securities LLC 11,170,000 11,170,000 7,819,000 ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ & ▇▇▇▇▇ Incorporated $ 130,440,000 $ 121,920,000 $ 34,899,000 Credit Suisse Securities (USA) Co. LLC 130,440,000 121,920,000 34,899,000 RBC Capital Markets, LLC 130,440,000 121,920,000 34,900,000 Banco Bradesco BBI S.A. 21,740,000 20,320,000 5,816,000 Lloyds Securities Inc. 21,740,000 20,320,000 5,816,000 11,170,000 11,170,000 7,819,000 Total $ 434,800,000 44,680,000 $ 406,400,000 44,680,000 $ 116,330,000 ▇▇▇▇▇▇▇ Lynch, Pierce, ▇▇▇▇▇▇ & ▇▇▇▇▇ Incorporated $ 13,153,000 $ 8,770,000 $ 8,770,000 Credit Suisse Securities (USA) LLC 13,153,000 8,770,000 8,770,000 RBC Capital Markets, LLC 13,154,000 8,770,000 8,770,000 Total $ 39,460,000 $ 26,310,000 $ 26,310,000 31,276,000 Trust: Ford Credit Auto Owner Lease Trust 2013-B. A. Owner Trustee: U.S. Bank Trust National Association. Indenture Trustee: The Bank of New York Mellon.

Private Notes. Class A-1 Notes ▇▇▇▇▇▇▇ Lynch, Pierce, ▇▇▇▇▇▇ & ▇▇▇▇▇ Incorporated Barclays Capital Inc. Citigroup Global Markets Inc. Credit Suisse Agricole Securities (USA) Inc. Commerz Markets LLC RBC UniCredit Capital Markets, Markets LLC Banco Bradesco BBI S.A. Lloyds Securities Inc. Pricing Date: May 14July 22, 2013 2014 Time of Sale: 12:22 p.m. 4:35 P.M. (ESTEDT), May 14July 22, 2013 2014 Closing Date: May 21July 29, 2013 2014 The ratings on each Class of Publicly Registered Notes from the NRSROs specified in the Time of Sale Information. Class A-2 A-2a Notes $ 434,800,000 0.38 200,000,000 0.51% 99.82195 99.79257 % 0.170 0.200 % February March 15, 2016 2017 Class A-2b Notes $ 367,000,000 one-month LIBOR + 0.16% 99.80000 % 0.200 % March 15, 2017 Class A-3 Notes $ 406,400,000 0.57 376,000,000 0.89% 99.77482 99.74373 % 0.220 0.250 % October September 15, 2017 Class A-4 Notes $ 116,330,000 0.76 130,000,000 1.10% 99.71410 99.68566 % 0.270 0.300 % August November 15, 2018 2017 Class B Notes $ 39,460,000 1.11 76,050,000 1.35% 99.69837 % 0.300 % October 15, 2018 Class C Notes $ 26,310,000 1.32 % 99.65318 % 0.330 % January 15, 2019 Class D Notes $ 26,310,000 1.82 % 99.64588 99.63535 % 0.350 % November December 15, 2019 ▇▇▇▇▇▇▇ Lynch, Pierce, ▇▇▇▇▇▇ & ▇▇▇▇▇ Incorporated 2017 Barclays Capital Inc. $ 130,440,000 60,000,000 $ 121,920,000 110,100,000 $ 34,899,000 112,800,000 Citigroup Global Markets Inc. 60,000,000 110,100,000 112,800,000 Credit Suisse Agricole Securities (USA) Inc. 60,000,000 110,100,000 112,800,000 Commerz Markets LLC 130,440,000 121,920,000 34,899,000 RBC 10,000,000 18,350,000 18,800,000 UniCredit Capital Markets, Markets LLC 130,440,000 121,920,000 34,900,000 Banco Bradesco BBI S.A. 21,740,000 20,320,000 5,816,000 Lloyds Securities Inc. 21,740,000 20,320,000 5,816,000 10,000,000 18,350,000 18,800,000 Total $ 434,800,000 200,000,000 $ 406,400,000 367,000,000 $ 116,330,000 ▇▇▇▇▇▇▇ Lynch, Pierce, ▇▇▇▇▇▇ & ▇▇▇▇▇ Incorporated 376,000,000 Barclays Capital Inc. $ 13,153,000 39,000,000 $ 8,770,000 $ 8,770,000 25,350,000 Citigroup Global Markets Inc. 39,000,000 25,350,000 Credit Suisse Agricole Securities (USA) Inc. 39,000,000 25,350,000 Commerz Markets LLC 13,153,000 8,770,000 8,770,000 RBC 6,500,000 — UniCredit Capital Markets, Markets LLC 13,154,000 8,770,000 8,770,000 6,500,000 — Total $ 39,460,000 130,000,000 $ 26,310,000 $ 26,310,000 76,050,000 Trust: Ford Credit Auto Owner Lease Trust 20132014-B. Owner Trustee: U.S. Bank Trust National Association. Indenture Trustee: The Bank of New York Mellon.

Private Notes. Class A-1 Notes Class B Notes Class C Notes Class D Notes Barclays Capital Inc. ▇.▇. ▇▇▇▇▇▇ Securities Inc. ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Lynch, Pierce, ▇▇▇▇▇▇ & ▇▇▇▇▇ Co. Incorporated Credit Suisse Securities (USA) LLC RBC Capital Markets, HSBC Securities (USA) LLC Banco Bradesco BBI S.A. Lloyds Securities Inc. Pricing Date: May 14November 18, 2013 2009 Time of Sale: 12:22 p.m. 1:58 PM (EST), May 14November 18, 2013 2009 Closing Date: May 21November 30, 2013 The ratings on each 2009 Class of Publicly Registered A-2 Notes from the NRSROs specified in the Time of Sale Information. Aaa AAA Class A-3 Notes Aaa AAA Class A-4 Notes Aaa AAA Class A-2 Notes $ 434,800,000 0.38 212,000,000 0.80 % 99.82195 99.74051 % 0.170 % February March 15, 2016 2012 Class A-3 Notes $ 406,400,000 0.57 391,000,000 1.51 % 99.77482 99.65703 % 0.220 % October January 15, 2017 2014 Class A-4 Notes $ 116,330,000 0.76 128,600,000 2.42 % 99.71410 % 0.270 % August 15, 2018 Class B Notes $ 39,460,000 1.11 % 99.69837 % 0.300 % October 15, 2018 Class C Notes $ 26,310,000 1.32 % 99.65318 % 0.330 % January 15, 2019 Class D Notes $ 26,310,000 1.82 % 99.64588 % 0.350 99.54769 % November 15, 2019 2014 Barclays Capital Inc. $ 98,400,000 $ 180,600,000 $ 59,190,000 ▇.▇. ▇▇▇▇▇▇ Securities Inc. $ 98,400,000 $ 180,600,000 $ 59,190,000 ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Lynch, Pierce, ▇▇▇▇▇▇ & ▇▇▇▇▇ Incorporated Co. Incorporated. $ 130,440,000 98,400,000 $ 121,920,000 180,600,000 $ 34,899,000 59,190,000 Credit Suisse Securities (USA) LLC 130,440,000 121,920,000 34,899,000 RBC Capital Markets, LLC 130,440,000 121,920,000 34,900,000 Banco Bradesco BBI S.A. 21,740,000 20,320,000 5,816,000 Lloyds Securities Inc. 21,740,000 20,320,000 5,816,000 Total LLC. $ 434,800,000 16,400,000 $ 406,400,000 30,100,000 $ 116,330,000 ▇▇▇▇▇▇▇ Lynch, Pierce, ▇▇▇▇▇▇ & ▇▇▇▇▇ Incorporated $ 13,153,000 $ 8,770,000 $ 8,770,000 Credit Suisse 9,865,000 HSBC Securities (USA) LLC 13,153,000 8,770,000 8,770,000 RBC Capital Markets, LLC 13,154,000 8,770,000 8,770,000 LLC. $ 16,400,000 $ 30,100,000 $ 9,865,000 Total $ 39,460,000 328,000,000 $ 26,310,000 602,000,000 $ 26,310,000 197,300,000 Trust: Ford Credit Auto Owner Trust 20132009-B. E. Owner Trustee: U.S. Bank Trust National Association. Indenture Trustee: The Bank of New York Mellon.

Private Notes. Class A-1 Notes ▇▇▇▇▇▇▇ Lynch, Pierce, ▇▇▇▇▇▇ & ▇▇▇▇▇ Incorporated Credit Suisse Barclays Capital Inc. Deutsche Bank Securities (USA) LLC RBC Capital Markets, LLC Banco Bradesco BBI S.A. Inc. RBS Securities Inc. BB Securities Limited Lloyds Securities Inc. Pricing Date: May 14March 18, 2013 2014 Time of Sale: 12:22 p.m. 1:20 PM (ESTEDT), May 14March 18, 2013 2014 Closing Date: May 21March 26, 2013 2014 The ratings on each Class of Publicly Registered Notes from the NRSROs specified in the Time of Sale Information. Class A-2 A-2a Notes $ 434,800,000 0.38 132,000,000 0.50% 99.82195 99.79833 % 0.170 0.200 % February October 15, 2016 Class A-2b Notes $ 393,000,000 one-month LIBOR + 0.18% 99.80000 % 0.200 % October 15, 2016 Class A-3 Notes $ 406,400,000 0.57 375,000,000 0.68% 99.77482 99.73543 % 0.220 0.250 % October April 15, 2017 Class A-4 Notes $ 116,330,000 0.76 120,000,000 0.90% 99.71410 99.69716 % 0.270 0.300 % June 15, 2017 Class B Notes $ 70,290,000 1.16% 99.63574 % 0.350 % August 15, 2018 Class B Notes 2017 Barclays Capital Inc. $ 39,460,000 1.11 % 99.69837 % 0.300 % October 15, 2018 Class C Notes 39,600,000 $ 26,310,000 1.32 % 99.65318 % 0.330 % January 15, 2019 Class D Notes 117,900,000 $ 26,310,000 1.82 % 99.64588 % 0.350 % November 15, 2019 ▇▇▇▇▇▇▇ Lynch, Pierce, ▇▇▇▇▇▇ & ▇▇▇▇▇ Incorporated $ 130,440,000 $ 121,920,000 $ 34,899,000 Credit Suisse 112,500,000 Deutsche Bank Securities (USA) LLC 130,440,000 121,920,000 34,899,000 RBC Capital Markets, LLC 130,440,000 121,920,000 34,900,000 Banco Bradesco BBI S.A. 21,740,000 20,320,000 5,816,000 Inc. 39,600,000 117,900,000 112,500,000 RBS Securities Inc. 39,600,000 117,900,000 112,500,000 BB Securities Limited 6,600,000 19,650,000 18,750,000 Lloyds Securities Inc. 21,740,000 20,320,000 5,816,000 6,600,000 19,650,000 18,750,000 Total $ 434,800,000 132,000,000 $ 406,400,000 393,000,000 $ 116,330,000 ▇▇▇▇▇▇▇ Lynch, Pierce, ▇▇▇▇▇▇ & ▇▇▇▇▇ Incorporated 375,000,000 Barclays Capital Inc. $ 13,153,000 36,000,000 $ 8,770,000 23,430,000 Deutsche Bank Securities Inc. 36,000,000 $ 8,770,000 Credit Suisse 23,430,000 RBS Securities (USA) LLC 13,153,000 8,770,000 8,770,000 RBC Capital Markets, LLC 13,154,000 8,770,000 8,770,000 Inc. 36,000,000 $ 23,430,000 BB Securities Limited 6,000,000 — Lloyds Securities Inc. 6,000,000 — Total $ 39,460,000 120,000,000 $ 26,310,000 $ 26,310,000 70,290,000 Trust: Ford Credit Auto Owner Lease Trust 20132014-B. A. Owner Trustee: U.S. Bank Trust National Association. Indenture Trustee: The Bank of New York Mellon.

Private Notes. Class A-1 Notes Credit Suisse Securities (USA) LLC Deutsche Bank Securities Inc. ▇▇▇▇▇▇▇ Lynch, Pierce, ▇▇▇▇▇▇ & ▇▇▇▇▇ Incorporated Credit Suisse Securities (USA) CIBC World Markets Corp. Commerz Markets LLC RBC Capital Markets, LLC Banco Bradesco BBI S.A. Lloyds Securities Inc. Pricing Date: May November 14, 2013 2012 Time of Sale: 12:22 p.m. 11:05 a.m. (EST), May November 14, 2013 2012 Closing Date: May November 21, 2013 2012 The ratings on each Class of Publicly Registered Notes from the NRSROs specified in the Time of Sale Information. Class A-2 Notes $ 434,800,000 0.38 342,700,000 0.40 % 99.82195 99.82617 % 0.170 % February September 15, 2016 2015 Class A-3 Notes $ 406,400,000 0.57 326,200,000 0.51 % 99.77482 99.77229 % 0.220 % October April 15, 2017 Class A-4 Notes $ 116,330,000 0.76 95,610,000 0.67 % 99.71410 99.71976 % 0.270 % August March 15, 2018 Class B Notes $ 39,460,000 1.11 31,560,000 1.01 % 99.69837 99.66560 % 0.300 % October May 15, 2018 Class C Notes $ 26,310,000 1.32 21,040,000 1.23 % 99.65318 99.65090 % 0.330 % January August 15, 2019 2018 Class D Notes $ 26,310,000 1.82 21,040,000 1.97 % 99.64588 99.61170 % 0.350 % November May 15, 2019 ▇▇▇▇▇▇▇ Lynch, Pierce, ▇▇▇▇▇▇ & ▇▇▇▇▇ Incorporated $ 130,440,000 102,810,000 $ 121,920,000 97,860,000 $ 34,899,000 28,684,000 Credit Suisse Securities (USA) LLC 130,440,000 121,920,000 34,899,000 RBC Capital Markets, LLC 130,440,000 121,920,000 34,900,000 Banco Bradesco BBI S.A. 21,740,000 20,320,000 5,816,000 Lloyds 102,810,000 97,860,000 28,682,000 Deutsche Bank Securities Inc. 21,740,000 20,320,000 5,816,000 102,810,000 97,860,000 28,682,000 CIBC World Markets Corp. 17,135,000 16,310,000 4,781,000 Commerz Markets LLC 17,135,000 16,310,000 4,781,000 Total $ 434,800,000 342,700,000 $ 406,400,000 326,200,000 $ 116,330,000 95,610,000 ▇▇▇▇▇▇▇ Lynch, Pierce, ▇▇▇▇▇▇ & ▇▇▇▇▇ Incorporated $ 13,153,000 10,520,000 $ 8,770,000 7,014,000 $ 8,770,000 7,014,000 Credit Suisse Securities (USA) LLC 13,153,000 8,770,000 8,770,000 RBC Capital Markets, LLC 13,154,000 8,770,000 8,770,000 10,520,000 7,013,000 7,013,000 Deutsche Bank Securities Inc. 10,520,000 7,013,000 7,013,000 Total $ 39,460,000 31,560,000 $ 26,310,000 21,040,000 $ 26,310,000 21,040,000 Trust: Ford Credit Auto Owner Trust 20132012-B. D. Owner Trustee: U.S. Bank Trust National Association. Indenture Trustee: The Bank of New York Mellon.