“Series 2019-VF1 Note Balance” means the aggregate Note Balance of the Series 2019-VF1 Notes.

“Series Required Noteholders” means, for so long as the Series 2019-VF1 Variable Funding Notes are Outstanding, the Initial VFN Noteholder, and thereafter clause (a) of the definition of the “Series Required Noteholders” in the Base Indenture shall apply.

“Series Reserve Required Amount” means, as of any Payment Date, an amount equal to on any Payment Date or any Interim Payment Date four (4) months’ interest calculated at the applicable Note Interest Rate on the Note Balance of each Class of the Series 2019-VF1 Notes as of such Payment Date or Interim Payment Date, as the case may be.

“Stated Maturity Date” means, for each Class of the Series 2019-VF1 Variable Funding Notes, thirty (30) years (or the next Business Day if such date is not a Business Day) following the end of the related Revolving Period.

“Stressed Interest Rate” means, for any Class of the Series 2019-VF1 Notes as of any date, the sum of (i) the sum of (x) the per annum index on the basis of which the interest rate of such Class is determined for the current Interest Accrual Period, and (y) the Constant of such Class and (z) the product of (I) the Coefficient of such Class and (II) Stressed Time, plus (ii) the Margin.

“Stressed Time” means, as of any date of determination for any Class of the Series 2019-VF1 Notes, the percentage equivalent of a fraction, the numerator of which is one (1), and the denominator of which equals the related Stressed Time Percentage for such Class multiplied by the Monthly Reimbursement Rate on such date.

“Stressed Time Percentage” means 82.54%.

“Target Amortization Amounts” means, for each Class of the Series 2019-VF1 Notes, (i) if the Series 2019-VF1 Notes is the only Series of Notes Outstanding when a Target Amortization Event occurs for the Series 2019-VF1 Notes, 100% of the Note Balance of such Class at the close of business on the last day of its Revolving Period, payable on the first Payment Date following the occurrence of such Target Amortization Event, and (ii) if other Series of Notes are Outstanding when a Target Amortization Event occurs with respect to the Series 2019-VF1 Notes, an amount equal to 1/3 of the Outstanding VFN Principal Balance of such Class at the close of business on the last day of its Revolving Period, payable on each of the first three Payment Dates following the occurrence of such Target Amortization Event; provided, however, if any other Series of Notes is issued with Target Amortization Amounts that are payable in fewer than three (3) months, the Target Amortization Amounts for the Series 2019-VF1 Notes shall be payable over such shorter period provided for such other Series of Notes; provided, however, regardless of whether another Target Amortization Event has previously occurred, if the Target Amortization Event described in clause