Exhibit 4.4



 Exhibit 4.4 
  
  
  
 INTERIM TRUST AGREEMENT 
 between 

TOWN CENTER FUNDING LLC, 
 as the Seller

 and 
 THE BANK OF NEW YORK
TRUST COMPANY, N.A., 
 not in its individual capacity but solely 
 as Eligible Lender Trustee for the 
 benefit of Town Center Funding LLC 
 Dated as of June 12, 2008 
  
  
  







 TABLE OF CONTENTS 
  


					
	 	  	Page
	ARTICLE I Definitions and Usage	  	1
		
	ARTICLE II Appointment of Town Center Funding Eligible Lender Trustee	  	2
	      SECTION 2.1	  	Appointment of Town Center Funding Eligible Lender Trustee	  	2
	      SECTION 2.2	  	Declaration of Trust	  	2
	      SECTION 2.3	  	Title to Interim Trust Loans	  	2
		
	ARTICLE III Representations and Warranties of Town Center Funding	  	2
		
	ARTICLE IV Authority and Duties of Town Center Funding Eligible Lender Trustee	  	3
	      SECTION 4.1	  	General Authority	  	3
	      SECTION 4.2	  	General Duties	  	3
	      SECTION 4.3	  	No Duties Except as Specified in this Agreement	  	4
	      SECTION 4.4	  	No Action Except Under Specified Documents	  	4
	      SECTION 4.5	  	Restrictions	  	4
		
	ARTICLE V Concerning the Town Center Funding Eligible Lender Trustee	  	4
	      SECTION 5.1	  	Acceptance of Trust and Duties	  	4
	      SECTION 5.2	  	Representations and Warranties	  	5
	      SECTION 5.3	  	Not Acting in Individual Capacity	  	6
	      SECTION 5.4	  	Town Center Funding Eligible Lender Trustee Not Liable for the Interim Trust Loans	  	6
		
	ARTICLE VI Compensation of Town Center Funding Eligible Lender Trustee	  	6
		
	ARTICLE VII Termination of Interim Trust Agreement	  	6
		
	ARTICLE VIII Successor Town Center Funding Eligible Lender Trustees	  	7
	      SECTION 8.1	  	Eligibility Requirements for Town Center Funding Eligible Lender Trustee	  	7
	      SECTION 8.2	  	Resignation or Removal of Town Center Funding Eligible Lender Trustee	  	7
	      SECTION 8.3	  	Successor Town Center Funding Eligible Lender Trustee	  	8
	      SECTION 8.4	  	Merger or Consolidation of Town Center Funding Eligible Lender Trustee	  	8
		
	ARTICLE IX Miscellaneous	  	9
	      SECTION 9.1	  	Supplements and Amendments	  	9
	      SECTION 9.2	  	Notices	  	9
	      SECTION 9.3	  	Severability	  	10
	      SECTION 9.4	  	Separate Counterparts	  	10
	      SECTION 9.5	  	Successors and Assigns	  	10
	      SECTION 9.6	  	Headings	  	10
	      SECTION 9.7	  	Governing Law	  	10

  

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 INTERIM TRUST AGREEMENT 
 INTERIM TRUST AGREEMENT (the “Agreement”), dated as of June 12, 2008, between Town Center Funding LLC (“Town Center Funding”) as
the Purchaser and subsequent Seller of certain Loans, and THE BANK OF NEW YORK TRUST COMPANY, N.A., a national banking association, not in its individual capacity but solely as Eligible Lender Trustee (the “Town Center Funding Eligible Lender
Trustee”). 
 WHEREAS, Town Center Funding is a limited liability company established for the purpose of purchasing Loans from
subsidiaries or affiliates of SLM Corporation and selling Loans to, among others, SLM Funding LLC (the “Depositor”) for resale to special purpose trusts established for the purpose of financing the purchase of such Loans; 
 WHEREAS, on the Closing Date, Town Center Funding has acquired certain Loans from subsidiaries or affiliates of SLM Corporation, and will subsequently
enter into a Purchase Agreement with the Depositor, for the purpose of effecting the sale of such Loans to the Depositor; 
 WHEREAS, during
the Supplemental Purchase Period or the Funding Period, Town Center Funding may acquire Additional Trust Student Loans from subsidiaries or affiliates of SLM Corporation and subsequently enter into one or more Additional Purchase Agreements with the
Depositor, for the purpose of effecting the sale of such Additional Trust Student Loans (collectively, the applicable Initial Trust Student Loans and the applicable Additional Trust Student Loans are referred to herein as the “Interim Trust
Loans”); 
 WHEREAS, pursuant to the terms of the Purchase Agreement with the Depositor, Town Center Funding may be required, under
certain circumstances, to repurchase some of the Interim Trust Loans; and 
 WHEREAS, the Eligible Lender Trustee is an “eligible
lender” within the meaning of Section 435(d) of the Higher Education Act and is willing to hold legal title to the Interim Trust Loans on behalf and for the benefit of Town Center Funding. 
 NOW, THEREFORE, Town Center Funding and the Town Center Funding Eligible Lender Trustee hereby agree as follows: 
 ARTICLE I  
 Definitions
and Usage 
 Except as otherwise specified herein or as the context may otherwise require, capitalized terms used but not otherwise
defined herein are defined in Appendix A to the Indenture dated as of June 12, 2008, among the Issuer, the Eligible Lender Trustee on behalf of the Trust and the Indenture Trustee, as may be amended or supplemented from time to time, which also
contains rules as to usage that shall be applicable herein. 
  

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 ARTICLE II 
 Appointment of Town Center Funding Eligible Lender Trustee 
 SECTION 2.1 Appointment of
Town Center Funding Eligible Lender Trustee. Town Center Funding hereby appoints the Town Center Funding Eligible Lender Trustee, effective as of the date hereof, as trustee, to have all the rights, powers and duties set forth herein,
including, without limitation: 
  

	 	a.	to hold legal title to the Interim Trust Loans on behalf and for the benefit of Town Center Funding; 

  

	 	b.	to enter into and perform its obligations as the Town Center Funding Eligible Lender Trustee under this Agreement and the Town Center Funding Purchase Agreement (including any
Additional Purchase Agreements entered into during the Supplemental Purchase Period or the Funding Period); and 

  

	 	c.	to engage in those activities, including entering into agreements, that are necessary, suitable or convenient to accomplish the foregoing or are incidental thereto or connected
therewith. 

 SECTION 2.2 Declaration of Trust. The Town Center Funding Eligible Lender Trustee hereby declares
that it will hold the Interim Trust Loans in trust upon and subject to the conditions set forth herein for the use and benefit of Town Center Funding, subject to the obligations of the Town Center Funding Eligible Lender Trustee under the Town
Center Funding Purchase Agreement. Effective as of the date hereof, the Town Center Funding Eligible Lender Trustee shall have all rights, powers and duties set forth herein with respect to accomplishing the purposes of this Agreement. 

SECTION 2.3 Title to Interim Trust Loans. Legal title to all of the Interim Trust Loans shall be vested at all times in the Town Center
Funding Eligible Lender Trustee on behalf of and for the benefit of Town Center Funding. 
 ARTICLE III  
 Representations and Warranties of Depositor 
 Town Center Funding hereby represents and warrants to the Town Center Funding Eligible Lender Trustee that: 
  

	 	1.	It is duly organized and validly existing as a Delaware limited liability company in good standing under the laws of the State of Delaware, with power and authority to own its
properties and to conduct its business as such properties are currently owned and such business is presently conducted. 

  

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	 	2.	It has all necessary power and authority to execute and deliver this Agreement and to carry out its terms; and the execution, delivery and performance of this Agreement has been
duly authorized by Town Center Funding by all necessary action. 

  

	 	3.	This Agreement constitutes a legal, valid and binding obligation of Town Center Funding enforceable in accordance with its terms, subject to applicable bankruptcy, insolvency,
reorganization and similar laws relating to creditors’ rights generally and subject to general principles of equity. 

  

	 	4.	The consummation of the transactions contemplated by this Agreement and the fulfillment of the terms hereof do not conflict with, result in any breach of any of the terms and
provisions of, or constitute (with or without notice or lapse of time or both) a default under, the certificate of formation or limited liability company operating agreement, in effect as of the date hereof, of Town Center Funding, or any indenture,
agreement or other instrument to which Town Center Funding is a party or by which it is bound; nor result in the creation or imposition of any Lien upon any of its properties pursuant to the terms of any such indenture, agreement or other instrument
(other than as contemplated by the Basic Documents); nor violate any law or any order, rule or regulation applicable to Town Center Funding of any court or of any Federal or state regulatory body, administrative agency or other governmental
instrumentality having jurisdiction over Town Center Funding or its properties. 

 ARTICLE IV 
 Authority and Duties of Town Center Funding Eligible Lender Trustee 
 SECTION 4.1 General Authority. The Town Center Funding Eligible Lender Trustee is authorized and directed to execute and deliver the Town
Center Funding Purchase Agreement and this Agreement and each certificate or other document attached as an exhibit to or contemplated by such agreements, in each case, in such form as Town Center Funding shall approve as evidenced conclusively by
the Town Center Funding Eligible Lender Trustee’s execution thereof. The Town Center Funding Eligible Lender Trustee is also authorized and directed on behalf and for the benefit of Town Center Funding to acquire and hold legal title to the
Interim Trust Loans and to take all actions required of the Town Center Funding Eligible Lender Trustee pursuant to the Town Center Funding Purchase Agreement and this Agreement. 
 SECTION 4.2 General Duties. It shall be the duty of the Town Center Funding Eligible Lender Trustee to discharge (or cause to be
discharged) all its responsibilities as the Town Center Funding Eligible Lender Trustee pursuant to the terms of the Town Center Funding Purchase Agreement and this Agreement. 
  

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 SECTION 4.3 No Duties Except as Specified in this Agreement. The Town Center Funding
Eligible Lender Trustee shall not have any duty or obligation to manage, make any payment with respect to, register, record, sell, service, dispose of or otherwise deal with the Interim Trust Loans, or to otherwise take or refrain from taking any
action under, or in connection with, any document contemplated hereby to which the Town Center Funding Eligible Lender Trustee is a party, except as expressly provided by the terms of the Town Center Funding Purchase Agreement or this Agreement; and
no implied duties or obligations shall be read into this Agreement or the Town Center Funding Purchase Agreement against the Town Center Funding Eligible Lender Trustee. 
 SECTION 4.4 No Action Except Under Specified Documents. The Town Center Funding Eligible Lender Trustee shall not otherwise deal with the Interim Trust Loans except in accordance with the powers granted
to and the authority conferred upon the Town Center Funding Eligible Lender Trustee pursuant to this Agreement and the Town Center Funding Purchase Agreement. 
 SECTION 4.5 Restrictions. The Town Center Funding Eligible Lender Trustee shall not take any action that is inconsistent with the purposes of the Trust set forth in the Basic Documents. 
 ARTICLE V 
 Concerning the Town
Center Funding Eligible Lender Trustee 
 SECTION 5.1 Acceptance of Trust and Duties. The Town Center Funding Eligible
Lender Trustee accepts the trust hereby created and agrees to perform its duties hereunder with respect to such trust but only upon the terms of this Agreement. The Town Center Funding Eligible Lender Trustee shall not be answerable or accountable
hereunder or under the Town Center Funding Purchase Agreement under any circumstances, except (i) for its own willful misconduct or negligence or (ii) in the case of the inaccuracy of any representation or warranty contained in
Section 5.2 below expressly made by the Town Center Funding Eligible Lender Trustee. In particular, but not by way of limitation (and subject to the exceptions set forth in the preceding sentence): 
  

	 	1.	The Town Center Funding Eligible Lender Trustee shall not be liable for any error of judgment made by a responsible officer of the Town Center Funding Eligible Lender Trustee.


  

	 	2.	No provision of this Agreement or the Town Center Funding Purchase Agreement shall require the Town Center Funding Eligible Lender Trustee to expend or risk funds or otherwise incur
any financial liability in the performance of any of its rights or powers hereunder or under the Town Center Funding Purchase Agreement, if the Town Center Funding Eligible Lender Trustee shall have reasonable grounds for believing that repayment of
such funds or adequate indemnity against such risk or liability is not reasonably assured or provided to it. 

  

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	 	3.	The Town Center Funding Eligible Lender Trustee shall not be responsible for or in respect of the validity or sufficiency of this Agreement or for the due execution hereof by Town
Center Funding or for the form, character, genuineness, sufficiency, value or validity of any of the Interim Trust Loans or for or in respect of the validity or sufficiency of the Town Center Funding Purchase Agreement. 

  

	 	4.	In no event shall the Town Center Funding Interim Eligible Lender Trustee be responsible or liable for special, indirect, or consequential loss or damage of any kind whatsoever
irrespective of whether the Town Center Funding Interim Eligible Lender Trustee has been advised of the likelihood of such loss or damage and regardless of the form of action. 

 SECTION 5.2 Representations and Warranties. The Town Center Funding Eligible Lender Trustee hereby represents and warrants to Town Center
Funding that: 
  

	 	1.	It is duly organized and validly existing in good standing under the laws of its governing jurisdiction and has an office located within the State of Florida, at which it will act
as trustee for the Trust. It has all requisite power and authority to execute, deliver and perform its obligations under the Town Center Funding Purchase Agreement and this Agreement. 

  

	 	2.	It has taken all action necessary to authorize the execution and delivery by it of the Town Center Funding Purchase Agreement and this Agreement, and the Town Center Funding
Purchase Agreement and this Agreement have been executed and delivered by one of its officers who is duly authorized to execute and deliver the same on its behalf. 

  

	 	3.	Neither the execution nor the delivery by it of the Town Center Funding Purchase Agreement or this Agreement, nor the consummation by it of the transactions contemplated thereby or
hereby nor compliance by it with any of the terms or provisions thereof or hereof will contravene any Federal or Delaware state law, governmental rule or regulation governing the banking or trust powers of the Town Center Funding Eligible Lender
Trustee or any judgment or order binding on it, or constitute any default under its charter documents or by-laws or any indenture, mortgage, contract, agreement or instrument to which it is a party or by which any of its properties may be bound.


  

	 	4.	It is and will maintain its status as an “eligible lender” (as such term is defined in Section 435(d) of the Higher Education Act) for purposes of holding legal title
to the Interim Trust Loans as contemplated by this Agreement and the Town Center Funding Purchase Agreement. 

  

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 SECTION 5.3 Not Acting in Individual Capacity. Except as provided in this Article V, in
accepting the trust hereby created, The Bank of New York Trust Company, N.A. acts solely as Town Center Funding Eligible Lender Trustee hereunder and not in its individual capacity. 
 SECTION 5.4 Town Center Funding Eligible Lender Trustee Not Liable for the Interim Trust Loans. The Town Center Funding Eligible Lender
Trustee makes no representations as to the validity or sufficiency of this Agreement or the Town Center Funding Purchase Agreement, or of any Interim Trust Loan or related documents. The Town Center Funding Eligible Lender Trustee shall at no time
have any responsibility for or with respect to the sufficiency of the Interim Trust Loans; the validity or completeness of the assignment to the Town Center Funding Eligible Lender Trustee of legal title to any Interim Trust Loan on behalf and for
the benefit of Town Center Funding; the performance or enforcement (except as expressly set forth in the Town Center Funding Purchase Agreement) of any Interim Trust Loan; the compliance by Town Center Funding or the Servicer with any warranty or
representation made under any Basic Document or in any related document or the accuracy of any such warranty or representation or any action or inaction of the Administrator, the Indenture Trustee or the Servicer or any subservicer taken in the name
of the Town Center Funding Eligible Lender Trustee. 
 ARTICLE VI 
 Compensation and Indemnity of Town Center Funding Eligible Lender Trustee 
 (a) The Town Center Funding Eligible Lender Trustee shall receive as compensation for its services hereunder such fees as have been separately agreed upon before the date hereof between Town Center Funding and the Town Center Funding
Eligible Lender Trustee, and the Town Center Funding Eligible Lender Trustee shall be entitled to be reimbursed by Town Center Funding, to the extent provided in such separate agreement, for its other reasonable expenses hereunder. 
 (b) The Depositor shall cause the Administrator to indemnify the Interim Eligible Lender Trustee in its individual capacity and any of its officers,
directors, employees and agents as and to the extent provided for in Section 4.2 of the Administration Agreement. 
 ARTICLE VII 

 Termination of Interim Trust Agreement 
 This Agreement (other than Article VI) and the trust created hereby shall terminate and be of no further force or effect upon the earlier of (i) the termination of the Trust pursuant to Section 9.1 of the
Trust Agreement and (ii) the expiration of 21 years from the death of the last survivor of the descendants of Joseph P. Kennedy, the late Ambassador of the United States to the Court of St. James’s, living on the date hereof. 

 

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 ARTICLE VIII  
 Successor Town Center Funding Eligible Lender Trustees 
 SECTION 8.1 Eligibility
Requirements for Town Center Funding Eligible Lender Trustee. The Town Center Funding Eligible Lender Trustee shall at all times be a corporation or banking association (i) qualifying as an “eligible lender” as such term is
defined in Section 435(d) of the Higher Education Act for purposes of holding legal title to the Interim Trust Loans on behalf and for the benefit of Town Center Funding, with a valid lender identification number with respect to the Interim
Trust Loans from the Department; and (ii) being authorized to exercise corporate trust powers and hold legal title to the Interim Trust Loans. In case at any time the Town Center Funding Eligible Lender Trustee shall cease to be eligible in
accordance with the provisions of this Section, the Town Center Funding Eligible Lender Trustee shall resign immediately in the manner and with the effect specified in Section 8.2. 
 SECTION 8.2 Resignation or Removal of Town Center Funding Eligible Lender Trustee. The Town Center Funding Eligible Lender Trustee may at
any time resign and be discharged from the trust hereby created by giving written notice thereof to Town Center Funding. Upon receiving such notice of resignation, Town Center Funding shall promptly appoint a successor Town Center Funding Eligible
Lender Trustee meeting the eligibility requirements of Section 8.1 by written instrument, in duplicate, one copy of which instrument shall be delivered to the resigning Town Center Funding Eligible Lender Trustee and one copy to the successor
Town Center Funding Eligible Lender Trustee. If no successor Town Center Funding Eligible Lender Trustee shall have been so appointed and have accepted appointment within 30 days after the giving of such notice of resignation, the resigning Town
Center Funding Eligible Lender Trustee may petition any court of competent jurisdiction for the appointment of a successor Town Center Funding Eligible Lender Trustee; provided, however, that such right to appoint or to petition for
the appointment of any such successor shall in no event relieve the resigning Town Center Funding Eligible Lender Trustee from any obligations otherwise imposed on it under this Agreement or the Town Center Funding Purchase Agreement until such
successor has in fact assumed such appointment. 
 If at any time the Town Center Funding Eligible Lender Trustee shall cease to be or shall
be likely to cease to be eligible in accordance with the provisions of Section 8.1 and shall fail to resign after written request therefor by Town Center Funding, then Town Center Funding may remove the Town Center Funding Eligible Lender
Trustee. If Town Center Funding shall remove the Town Center Funding Eligible Lender Trustee under the authority of the immediately preceding sentence, Town Center Funding shall promptly appoint a successor Town Center Funding Eligible Lender
Trustee by written instrument, in duplicate, one copy of which instrument shall be delivered to the outgoing Town Center Funding Eligible Lender Trustee so removed and one copy to the successor Town Center Funding Eligible Lender Trustee together
with payment of all fees owed to the outgoing Town Center Funding Eligible Lender Trustee. 
  

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 Any resignation or removal of the Town Center Funding Eligible Lender Trustee and appointment of a
successor Town Center Funding Eligible Lender Trustee pursuant to any of the provisions of this Section shall not become effective until acceptance of appointment by the successor Town Center Funding Eligible Lender Trustee pursuant to
Section 8.3 and payment of all fees and expenses owed to the outgoing Town Center Funding Eligible Lender Trustee. 
 SECTION 8.3
Successor Town Center Funding Eligible Lender Trustee. Any successor Town Center Funding Eligible Lender Trustee appointed pursuant to Section 8.2 shall execute, acknowledge and deliver to Town Center Funding and to its predecessor
Town Center Funding Eligible Lender Trustee an instrument accepting such appointment under this Agreement, and thereupon the resignation or removal of the predecessor Town Center Funding Eligible Lender Trustee shall become effective and such
successor Town Center Funding Eligible Lender Trustee, without any further act, deed or conveyance, shall become fully vested with all the rights, powers, duties and obligations of its predecessor under this Agreement, with like effect as if
originally named as Town Center Funding Eligible Lender Trustee. The predecessor Town Center Funding Eligible Lender Trustee shall upon payment of its fees and expenses deliver to the successor Town Center Funding Eligible Lender Trustee all
documents, statements, moneys and properties held by it under this Agreement and shall assign, if permissible, to the successor Town Center Funding Eligible Lender Trustee any lender identification number obtained from the Department with respect to
the Interim Trust Loans; and Town Center Funding and the predecessor Town Center Funding Eligible Lender Trustee, at the sole cost and expense of the Depositor, shall execute and deliver such instruments and do such other things as may reasonably be
required for fully and certainly vesting and confirming in the successor Town Center Funding Eligible Lender Trustee all such rights, powers, duties and obligations. 
 No successor Town Center Funding Eligible Lender Trustee shall accept such appointment as provided in this Section unless at the time of such acceptance such successor Town Center Funding Eligible Lender Trustee shall
be eligible pursuant to Section 8.1. 
 SECTION 8.4 Merger or Consolidation of Town Center Funding Eligible Lender
Trustee. Any corporation into which the Town Center Funding Eligible Lender Trustee may be merged or converted or with which it may be consolidated, or any corporation or banking association resulting from any merger, conversion or
consolidation to which the Town Center Funding Eligible Lender Trustee shall be a party, or any corporation succeeding to all or substantially all the corporate trust business of the Town Center Funding Eligible Lender Trustee, shall, without the
execution or filing of any instrument or any further act on the part of any of the parties hereto, anything herein to the contrary notwithstanding, be the successor of the Town Center Funding Eligible Lender Trustee hereunder; provided that
such corporation or banking association shall be eligible pursuant to Section 8.1. 
  

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 ARTICLE IX  
 Miscellaneous 
 SECTION 9.1 Supplements and Amendments. This Agreement may be
amended by Town Center Funding and the Town Center Funding Eligible Lender Trustee, with prior written notice to the Rating Agencies, without the consent of any of the Noteholders or any Excess Distribution Certificateholder, to cure any ambiguity,
to correct or supplement any provisions in this Agreement or for the purpose of adding any provisions to or changing in any manner or eliminating any of the provisions in this Agreement; provided, however, that such action shall not,
as evidenced by an Opinion of Counsel, adversely affect in any material respect the interests of any Noteholder or the Excess Distribution Certificateholder. 
 This Agreement may also be amended from time to time by Town Center Funding and the Town Center Funding Eligible Lender Trustee, with prior written notice to the Rating Agencies and with the consent of the Noteholders
evidencing not less than a majority of the Outstanding Amount of the Notes, for the purpose of adding any provisions to or changing in any manner or eliminating any of the provisions of this Agreement; provided, however, that no such
amendment shall reduce the aforesaid percentage of the Outstanding Amount of the Notes required to consent to any such amendment, without the consent of all the outstanding Noteholders. 
 Promptly after the execution of any such amendment or consent, the Town Center Funding Eligible Lender Trustee shall furnish written notification of the
substance of such amendment or consent to the Indenture Trustee and each of the Rating Agencies. 
 It shall not be necessary for the consent
of the Noteholders or the Excess Distribution Certificateholder pursuant to this Section to approve the particular form of any proposed amendment or consent, but it shall be sufficient if such consent shall approve the substance thereof. The manner
of obtaining such consents and of evidencing the authorization of the execution thereof shall be subject to such reasonable requirements as the Town Center Funding Eligible Lender Trustee may prescribe. 
 Prior to the execution of any amendment to this Agreement, the Town Center Funding Eligible Lender Trustee shall be entitled to receive and rely upon an
Opinion of Counsel stating that the execution of such amendment is authorized or permitted by this Agreement. The Town Center Funding Eligible Lender Trustee may, but shall not be obligated to, enter into any such amendment which affects the Town
Center Funding Eligible Lender Trustee’s own rights, duties or immunities under this Agreement or otherwise. 
 SECTION 9.2
Notices. Unless otherwise expressly specified or permitted by the terms hereof, all notices shall be in writing and shall be deemed given upon receipt by the intended recipient or three Business Days after mailing if mailed by certified
mail, postage prepaid (except that notice to the Town Center Funding Eligible Lender Trustee shall be deemed given only upon actual receipt by the Town Center Funding Eligible Lender Trustee), if to the 

  

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Town Center Funding Eligible Lender Trustee, addressed to its Corporate Trust Office; if to Town Center Funding, addressed to Town Center Funding LLC, 12061
Bluemont Way, V3419, Reston, Virginia 20190, or, as to each party, at such other address as shall be designated by such party in a written notice to each other party. 
 SECTION 9.3 Severability. Any provision of this Agreement that is prohibited or unenforceable in any jurisdiction shall, as to such jurisdiction, be ineffective to the extent of such prohibition or
unenforceability without invalidating the remaining provisions hereof, and any such prohibition or unenforceability in any jurisdiction shall not invalidate or render unenforceable such provision in any other jurisdiction. 
 SECTION 9.4 Separate Counterparts. This Agreement may be executed by the parties hereto in separate counterparts, each of which when so
executed and delivered shall be an original, but all such counterparts shall together constitute but one and the same instrument. 
 SECTION 9.5 Successors and Assigns. All covenants and agreements contained herein shall be binding upon and to the benefit of, Town Center Funding and its successors and the Town Center Funding Eligible Lender Trustee and its
successors, all as herein provided. 
 SECTION 9.6 Headings. The headings of the various Articles and Sections herein are for
convenience of reference only and shall not define or limit any of the terms or provisions hereof. 
 SECTION 9.7 Governing
Law. This Agreement shall be governed by and construed in accordance with the laws of the State of Delaware, without reference to its conflict of law provisions, and the obligations, rights and remedies of the parties hereunder shall be
determined in accordance with such laws. 
 SECTION 9.8 Force Majeure. In no event shall the Town Center Funding Eligible
Lender Trustee be responsible or liable for any failure or delay in the performance of its obligations hereunder arising out of or caused by, directly or indirectly, forces beyond its control, including, without limitation, acts of war or terrorism,
civil or military disturbances, nuclear or natural catastrophes or acts of God; it being understood that the Town Center Funding Eligible Lender Trustee shall use reasonable efforts which are consistent with accepted practices in the banking
industry to resume performance as soon as practicable under the circumstances. 
 SECTION 9.9 WAIVER OF JURY TRIAL. EACH OF THE
PARTIES TO THIS AGREEMENT HEREBY IRREVOCABLY WAIVES, TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, ANY AND ALL RIGHT TO TRIAL BY JURY IN ANY LEGAL PROCEEDING ARISING OUT OF OR RELATING TO THIS AGREEMENT, THE NOTES OR THE TRANSACTION
CONTEMPLATED HEREBY. 
  

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 IN WITNESS WHEREOF, the parties hereto have caused this Interim Trust Agreement to be duly executed by
their respective officers hereunto duly authorized, as of the day and year first above written. 
  

			
	 THE BANK OF NEW YORK TRUST
 COMPANY, N.A.,

 not in its individual capacity but solely as Eligible
 Lender
Trustee for the benefit of Town Center
 Funding LLC

		
	By:	 	 /S/ MICHAEL G. RUPPEL

	Name:	 	Michael G. Ruppel
	Title:	 	Vice President
	
	 TOWN CENTER FUNDING LLC,
 in its capacity as
Purchaser and Seller

		
	By:	 	 /S/ MARK L. HELEEN

	Name:	 	Mark L. Heleen
	Title:	 	Vice President


  

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