EFTA Document EFTA01376101

USE OF PROCEEDS The net proceeds from the issuance of the Notes. after payment of applicable fees and expenses in connection with the structuring and placement of the Notes (including by making a deposit to the Expense Reserve Account of approximately $10,397,500 to be used to pay expenses following the Closing Date), am expected to be approximately 5453.000.000. Approximately 5376.000.000 of the net proceeds will be used to purchase on the Closing Date, or to repurchase participations granted by the Issuer in onlcr to permit the Issuer to purchase prior to the Closing Date, Collateral Obligations that will be pledged on or about the Closing Date to secure the Notes as described under "Security for the Notes—Collateral Obligations." Approximately 574,000.000 will be deposited into the Ramp-Up Account on the Closing Date for the purchase of additional Collateral Obligations during the Ramp•Up Period and for deposit into the Collection Account as described herein upon the completion of the Ramp-Up Period. Approximately $1.400.000 will be deposited into the Revolving Reserve Account on the Closing Date. 59 CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0071958 CONFIDENTIAL SDNY_GM_00218142 EFTA01376101