Document:

Exhibit 4(c)(2)

                                                                 EXECUTION COPY

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                          REVOLVING CREDIT AGREEMENT
                                  (2002-1G-2)

                          Dated as of August 5, 2002

                                    between

                      STATE STREET BANK AND TRUST COMPANY

                            as Subordination Agent,

                                  as Borrower

                                      and

             WESTDEUTSCHE LANDESBANK GIROZENTRALE, NEW YORK BRANCH

                         as Primary Liquidity Provider

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                                  Relating to

                Northwest Airlines Pass Through Trust 2002-1G-2
             6.264% Northwest Airlines Pass Through Certificates,
                               Series 2002-1G-2

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                               TABLE OF CONTENTS

                                                                           Page

ARTICLE I DEFINITIONS.......................................................  1

          Section 1.01.  Certain Defined Terms..............................  1

ARTICLE II AMOUNT AND TERMS OF THE COMMITMENT...............................  1

          Section 2.01.  The Advances.......................................  7

          Section 2.02.  Making the Advances................................  7

          Section 2.03.  Fees...............................................  9

          Section 2.04.  Reduction or Termination of the Maximum
                         Commitment.........................................  9

          Section 2.05.  Repayments of Interest Advances or the Final
                         Advance............................................ 10

          Section 2.06.  Repayments of Provider Advances.................... 10

          Section 2.07.  Payments to the Primary Liquidity Provider Under
                         the Intercreditor Agreement........................ 11

          Section 2.08.  Book Entries....................................... 11

          Section 2.09.  Payments from Available Funds Only................. 11

          Section 2.10.  Extension of the Expiry Date; Non-Extension
                         Advance............................................ 12

          Section 2.11.  Right to Further Extend Expiry Date................ 12

ARTICLE III OBLIGATIONS OF THE BORROWER..................................... 13

          Section 3.01.  Increased Costs.................................... 13

          Section 3.02.  Capital Adequacy................................... 13

          Section 3.03.  Payments Free of Deductions........................ 14

          Section 3.04.  Payments........................................... 15

          Section 3.05.  Computations....................................... 15

          Section 3.06.  Payment on Non-Business Days....................... 16

          Section 3.07.  Interest........................................... 16

          Section 3.08.  Replacement of Borrower............................ 17

          Section 3.09.  Funding Loss Indemnification....................... 17

          Section 3.10.  Illegality......................................... 17

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                                                                           Page

ARTICLE IV CONDITIONS PRECEDENT............................................. 18

          Section 4.01.  Conditions Precedent to Effectiveness of
                         Section 2.01....................................... 18

          Section 4.02.  Conditions Precedent to Borrowing.................. 20

ARTICLE V COVENANTS......................................................... 20

          Section 5.01.  Affirmative Covenants of the Borrower.............. 20

          Section 5.02.  Negative Covenants of the Borrower................. 20

ARTICLE VI LIQUIDITY EVENTS OF DEFAULT...................................... 21

          Section 6.01.  Liquidity Events of Default........................ 21

ARTICLE VII MISCELLANEOUS................................................... 21

          Section 7.01.  Amendments, Etc.................................... 21

          Section 7.02.  Notices, Etc....................................... 21

          Section 7.03.  No Waiver; Remedies................................ 22

          Section 7.04.  Further Assurances................................. 22

          Section 7.05.  Indemnification; Survival of Certain Provisions.... 22

          Section 7.06.  Liability of the Primary Liquidity Provider........ 23

          Section 7.07.  Costs, Expenses and Taxes.......................... 23

          Section 7.08.  Binding Effect; Participations..................... 24

          Section 7.09.  Severability....................................... 25

          Section 7.10.  GOVERNING LAW...................................... 25

          Section 7.11.  Submission to Jurisdiction; Waiver of Jury
                         Trial; Waiver of Immunity.......................... 25

          Section 7.12.  Execution in Counterparts.......................... 26

          Section 7.13.  Entirety........................................... 26

          Section 7.14.  Headings........................................... 26

          Section 7.15.  PRIMARY LIQUIDITY PROVIDER'S OBLIGATION TO
                         MAKE ADVANCES...................................... 27

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ANNEXES

ANNEX I     Interest Advance Notice of Borrowing
ANNEX II    Non-Extension Advance Notice of Borrowing
ANNEX III   Downgrade Advance Notice of Borrowing
ANNEX IV    Final Advance Notice of Borrowing
ANNEX V     Notice of Termination
ANNEX VI    Notice of Replacement Subordination Agent

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                    REVOLVING CREDIT AGREEMENT (2002-1G-2)

               This REVOLVING CREDIT AGREEMENT (2002-1G-2) dated as of August
5, 2002, between STATE STREET BANK AND TRUST COMPANY, a Massachusetts trust
company, not in its individual capacity but solely as Subordination Agent
under the Intercreditor Agreement (each as defined below), (the "Borrower"),
and WESTDEUTSCHE LANDESBANK GIROZENTRALE, a German banking institution
organized under the laws of the State of North Rhine - Westphalia ("WestLB"),
acting through its New York Branch, (the "Primary Liquidity Provider").

                             W I T N E S S E T H:

               WHEREAS, pursuant to the Class G-2 Trust Agreement (such term
and all other capitalized terms used in these recitals having the meanings set
forth or referred to in Section 1.01), the Class G-2 Trust is issuing the
Class G-2 Certificates; and

               WHEREAS, the Borrower, in order to support the timely payment
of a portion of the interest on the Class G-2 Certificates in accordance with
their terms, has requested the Primary Liquidity Provider to enter into this
Agreement, providing in part for the Borrower to request in specified
circumstances that Advances be made hereunder.

               NOW, THEREFORE, in consideration of the premises, the parties
hereto agree as follows:

                                  ARTICLE I

                                  DEFINITIONS

               Section 1.01. Certain Defined Terms. (a) Definitions. As used
in this Agreement and unless otherwise expressly indicated, or unless the
context clearly requires otherwise, the following capitalized terms shall have
the following respective meanings for all purposes of this Agreement:

               "Advance" means an Interest Advance, a Final Advance, a
          Provider Advance, an Applied Provider Advance or an Unpaid Advance,
          as the case may be.

               "Applicable Liquidity Rate" has the meaning assigned to such
          term in Section 3.07(g).

               "Applicable Margin" means (a) with respect to any Unpaid
          Advance or Applied Provider Advance, 2.50% per annum, or (b) with
          respect to any Unapplied Provider Advance, the rate per annum
          specified in the Fee Letter applicable to this Agreement.

               "Applied Downgrade Advance" has the meaning assigned to such
          term in Section 2.06(a).

               "Applied Non-Extension Advance" has the meaning assigned to
          such term in Section 2.06(a).

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               "Applied Provider Advance" has the meaning assigned to such
          term in Section 2.06(a).

               "Base Rate" means a fluctuating interest rate per annum in
          effect from time to time, which rate per annum is at all times equal
          to (a) the weighted average of the rates on overnight Federal funds
          transactions with members of the Federal Reserve System arranged by
          Federal funds brokers, as published for such day (or, if such day is
          not a Business Day, for the next preceding Business Day) by the
          Federal Reserve Bank of New York, or if such rate is not so
          published for any day that is a Business Day, the average of the
          quotations for such day for such transactions received by the
          Primary Liquidity Provider from three Federal funds brokers of
          recognized standing selected by the Primary Liquidity Provider, plus
          (b) one quarter of one percent (0.25%) per annum.

               "Base Rate Advance" means an Advance that bears interest at a
          rate based upon the Base Rate.

               "Borrower" has the meaning assigned to such term in the recital
          of parties to this Agreement.

               "Borrowing" means the making of Advances requested by delivery
          of a Notice of Borrowing.

               "Business Day" means any day other than a Saturday or Sunday or
          a day on which commercial banks are required or authorized to close
          in New York, New York, Minneapolis, Minnesota, Boston, Massachusetts
          and Salt Lake City, Utah, or, so long as any Class G-2 Certificate
          is outstanding, the city and state in which the Class G-2 Trustee,
          the Borrower or any Loan Trustee maintains its Corporate Trust
          Office or receives or disburses funds, and, if the applicable
          Business Day relates to any Advance or other amount bearing interest
          based on the LIBOR Rate, on which dealings are carried on in the
          London interbank market.

               "Consent Notice" has the meaning assigned to such term in
          Section 2.10.

               "Consent Period" has the meaning assigned to such term in
          Section 2.10.

               "Delivery Period" means the period from the date hereof through
          March 31, 2004.

               "Deposit Agreement" means the Deposit Agreement, dated August
          5, 2002, between Wells Fargo Bank Northwest, National Association,
          as Escrow Agent and Credit Suisse First Boston, New York Branch, as
          Depositary, pertaining to the Class G-2 Certificates, as the same
          may be amended, modified or supplemented from time to time in
          accordance with the terms thereof.

               "Depositary" has the meaning assigned to such term in the
          Deposit Agreement.

               "Deposits" has the meaning assigned to such terms in the
          Deposit Agreement.

               "Downgrade Advance" means an Advance made pursuant to Section
          2.02(c).

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               "Downgrade Event" means a downgrading of the Primary Liquidity
          Provider's short-term rating issued by any Rating Agency below the
          applicable Threshold Rating unless each Rating Agency shall have
          confirmed in writing on or prior to the date of such downgrading
          that such downgrading will not result in the downgrading, withdrawal
          or suspension of the ratings of the Class G-2 Certificates (without
          regard to the Policies), in which case, such downgrading of the
          Primary Liquidity Provider's short-term rating shall not constitute
          a Downgrade Event.

               "Effective Date" has the meaning specified in Section 4.01. The
          delivery of the certificate of the Primary Liquidity Provider
          contemplated by Section 4.01(e) shall be conclusive evidence that
          the Effective Date has occurred.

               "Excluded Taxes" means (i) Taxes imposed on the overall net
          income of the Primary Liquidity Provider and (ii) Excluded
          Withholding Taxes.

               "Excluded Withholding Taxes" means (i) withholding Taxes
          imposed by the United States except to the extent that such United
          States withholding Taxes are imposed as a result of any change in
          applicable law (excluding from "change in applicable law" for this
          purpose, a change in an applicable treaty or other change in law
          affecting the applicability of a treaty) after the date hereof, or
          in the case of a successor Primary Liquidity Provider (including a
          transferee of an Advance) or Lending Office, after the date on which
          such successor Primary Liquidity Provider obtains its interest or on
          which the Lending Office is changed, and (ii) any withholding Taxes
          imposed by the United States which are imposed or increased as a
          result of the Primary Liquidity Provider failing to deliver to the
          Borrower any certificate or document (which certificate or document
          in the good faith judgment of the Primary Liquidity Provider it is
          legally entitled to provide) to establish that payments under this
          Agreement are exempt from (or entitled to a reduced rate of)
          withholding Tax.

               "Expenses" means liabilities, obligations, damages,
          settlements, penalties, claims, actions, suits, costs, expenses, and
          disbursements (including, without limitation, reasonable fees and
          disbursements of legal counsel and costs of investigation), provided
          that Expenses shall not include any Taxes.

               "Expiry Date" means August 3, 2003, initially, or any date to
          which the Expiry Date is extended pursuant to Section 2.10.

               "Extension Notice" has the meaning assigned to such term in
          Section 2.10.

               "Fee Letters" means, collectively, (i) the Fee Letter dated as
          of the date hereof between the Primary Liquidity Provider and the
          Subordination Agent with respect to the initial Class G-2 Primary
          Liquidity Facility and (ii) any fee letter entered into between the
          Subordination Agent and any Replacement Primary Liquidity Provider
          in respect of such Primary Liquidity Facility.

               "Final Advance" means an Advance made pursuant to Section
          2.02(d).

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               "Intercreditor Agreement" means the Intercreditor Agreement
          dated the date hereof, among the Trustees, the Primary Liquidity
          Provider, the liquidity provider under each Primary Liquidity
          Facility (other than this Agreement), the Above-Cap Liquidity
          Provider, the Policy Provider and the Subordination Agent, as the
          same may be amended, supplemented or otherwise modified from time to
          time in accordance with its terms.

               "Interest Advance" means an Advance made pursuant to Section
          2.02(a).

               "Interest Period" means, with respect to any LIBOR Advance,
          each of the following periods:

               (i)     the period beginning on the third Business Day
                       following either (a) the Primary Liquidity
                       Provider's receipt of the Notice of Borrowing for
                       such LIBOR Advance or (b) the withdrawal of funds
                       from the Class G-2 Primary Cash Collateral Account
                       for the purpose of paying interest on the Class G-2
                       Certificates as contemplated by Section 2.06(a)
                       hereof and, in either case, ending on the next
                       Regular Distribution Date; and

               (ii)    each subsequent period commencing on the last day
                       of the immediately preceding Interest Period and
                       ending on the next Regular Distribution Date;

          provided, however, that (I) if an Unapplied Provider Advance which
          is a LIBOR Advance becomes an Applied Provider Advance, the Interest
          Period then applicable to such Unapplied Provider Advance shall be
          applicable to such Applied Provider Advance and (II) if (x) the
          Final Advance shall have been made, or (y) other outstanding
          Advances shall have been converted into the Final Advance, then the
          Interest Periods shall be successive periods of one month beginning
          on the third Business Day following the Primary Liquidity Provider's
          receipt of the Notice of Borrowing for such Final Advance (in the
          case of clause (x) above) or the last day of the Interest Period
          then applicable to such outstanding Advances (in the case of clause
          (y) above).

               "Lending Office" means the office of the Primary Liquidity
          Provider presently located in New York, New York, or such other
          lending office as the Primary Liquidity Provider from time to time
          shall notify the Borrower as its lending office hereunder.

               "LIBOR Advance" means an Advance bearing interest at a rate
          based upon the LIBOR Rate.

               "LIBOR Rate" means, with respect to any Interest Period, (i)
          the rate per annum appearing on display page 3750 (British Bankers
          Association--LIBOR) of the Dow Jones Markets Service (or any
          successor or substitute therefor) at approximately 11:00 A.M.
          (London time) two Business Days before the first day of such
          Interest Period, as the rate for dollar deposits with a maturity
          comparable to such Interest Period, or (ii) if the rate calculated
          pursuant to clause (i) above is not available, the average (rounded
          upwards, if necessary, to the next 1/16 of 1%) of the rates per
          annum at which deposits in dollars are offered for the relevant
          Interest Period by three banks of recognized standing selected by
          the Primary Liquidity Provider in the London interbank market at

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          approximately 11:00 A.M. (London time) two Business Days before the
          first day of such Interest Period in an amount approximately equal
          to the principal amount of the LIBOR Advance to which such Interest
          Period is to apply and for a period comparable to such Interest
          Period.

               "Liquidity Event of Default" means the occurrence of the
          following: (i) all of the Equipment Notes shall have been either
          declared to be immediately due and payable or shall not have been
          paid at their final maturity; provided that, if an acceleration of
          the Equipment Notes occurs during the Delivery Period, a Liquidity
          Event of Default shall occur only if the aggregate principal amount
          of the Equipment Notes exceeds $300.0 million, or (ii) a Northwest
          Bankruptcy Event.

               "Liquidity Indemnitee" means (i) the Primary Liquidity
          Provider, (ii) the directors, officers, employees and agents of the
          Primary Liquidity Provider, and (iii) the successors and permitted
          assigns of the persons described in clauses (i) and (ii), inclusive.

               "Maximum Available Commitment" shall mean, subject to the
          proviso contained in the third sentence of Section 2.02(a), at any
          time of determination, (a) the Maximum Commitment at such time less
          (b) the aggregate amount of each Interest Advance outstanding at
          such time; provided that following a Provider Advance or a Final
          Advance, the Maximum Available Commitment shall be zero.

               "Maximum Commitment" means (i) in the case of any day occurring
          before the first Regular Distribution Date, $14,094,000.00 and (ii)
          in the case of any day occurring on or after the first Regular
          Distribution Date, the Required Amount on such day.

               "Non-Excluded Tax" has the meaning specified in Section
          3.03(a).

               "Non-Extension Advance" means an Advance made pursuant to
          Section 2.02(b).

               "Notice of Borrowing" has the meaning specified in Section
          2.02(e).

               "Notice of Replacement Subordination Agent" has the meaning
          specified in Section 3.08.

               "Performing Note Deficiency" means any time that less than 65%
          of the then aggregate outstanding principal amount of all Equipment
          Notes are Performing Equipment Notes.

               "Primary Liquidity Provider" has the meaning assigned to such
          term in the recital of parties to this Agreement.

               "Prospectus Supplement" means the Prospectus Supplement dated
          July 29, 2002, relating to the Class G-1 Certificates, Class G-2
          Certificates, the Class C-1 Certificates and the Class C-2
          Certificates, as such Prospectus Supplement may be amended or
          supplemented.

               "Provider Advance" means a Downgrade Advance or a Non-Extension
          Advance.

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               "Replenishment Amount" has the meaning assigned to such term in
          Section 2.06(b).

               "Required Amount" means, for any day, the sum of the aggregate
          amount of interest, calculated at the rate per annum equal to the
          Stated Interest Rate for the Class G-2 Certificates, that would be
          payable on the Class G-2 Certificates on each of the six successive
          Regular Distribution Dates immediately following such day or, if
          such day is a Regular Distribution Date, on such day and the
          succeeding five Regular Distribution Dates, in each case calculated
          on the basis of the Pool Balance of the Class G-2 Certificates on
          such day and without regard to expected future payments of principal
          on the Class G-2 Certificates. Notwithstanding the above, in the
          event of a Policy Provider Election, the Pool Balance, for purposes
          of this definition, shall be deemed to be reduced by an amount (if
          positive) by which (a) the then outstanding principal balance of the
          Series G-2 Equipment Note in respect of which the Policy Provider
          Election has been made shall exceed (b) the amount of any policy
          drawings previously paid by the Policy Provider in respect of
          principal on such Series G-2 Equipment Note.

               "Termination Date" means the earliest to occur of the
          following: (i) the Expiry Date; (ii) the date on which the Borrower
          delivers to the Primary Liquidity Provider a certificate, signed by
          a Responsible Officer of the Borrower, certifying that all of the
          Class G-2 Certificates have been paid in full (or provision has been
          made for such payment in accordance with the Intercreditor Agreement
          and the Trust Agreements) or are otherwise no longer entitled to the
          benefits of this Agreement; (iii) the date on which the Borrower
          delivers to the Primary Liquidity Provider a certificate, signed by
          a Responsible Officer of the Borrower, certifying that a Replacement
          Primary Liquidity Facility has been substituted for this Agreement
          in full pursuant to Section 3.6(e) of the Intercreditor Agreement;
          (iv) the fifth Business Day following the receipt by the Borrower of
          a Termination Notice from the Primary Liquidity Provider pursuant to
          Section 6.01 hereof; and (v) the date on which no Advance is or may
          (including by reason of reinstatement as herein provided) become
          available for a Borrowing hereunder.

               "Termination Notice" means the Notice of Termination
          substantially in the form of Annex V to this Agreement.

               "Transferee" has the meaning assigned to such term in Section
          7.08(b).

               "Unapplied Downgrade Advance" means any Downgrade Advance other
          than an Applied Downgrade Advance.

               "Unapplied Non-Extension Advance" means any Non-Extension
          Advance other than an Applied Non-Extension Advance.

               "Unapplied Provider Advance" means any Provider Advance other
          than an Applied Provider Advance.

               "Unpaid Advance" has the meaning assigned to such term in
          Section 2.05.

               "Withdrawal Notice" has the meaning assigned to such term in
          Section 2.10.

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               (b) Terms Defined in the Intercreditor Agreement. For all
purposes of this Agreement, the following terms shall have the respective
meanings assigned to such terms in the Intercreditor Agreement:

          "Above-Cap Liquidity Provider", "Acceleration", "Affiliate", "Break
          Amount Certificates", "Capped Interest Rate", "Certificates", "Class
          G-2 Certificateholders", "Class G-2 Certificates", "Class G-2
          Primary Cash Collateral Account", "Class G-2 Trust", "Class G-2
          Trust Agreement", "Class G-2 Trustee", "Class G-1 Certificates",
          "Class C-1 Certificates", "Class C-2 Certificates", "Class D
          Certificates", "Closing Date", "Controlling Party", "Corporate Trust
          Office", "Delivery Period Expiry Date", "Distribution Date",
          "Downgraded Facility", "Equipment Notes", "Final Legal Distribution
          Date", "Financing Agreement", "Fitch", "Indenture", "Interest
          Payment Date", "Investment Earnings", "Liquidity Obligations", "Loan
          Trustee", "Moody's", "Non-Extended Facility", "Northwest",
          "Northwest Bankruptcy Event", "Note Purchase Agreement", "Operative
          Agreements", "Performing Equipment Note", "Person", "Policy",
          "Policy Provider", "Policy Provider Election", "Pool Balance",
          "Prepayment Premium", "Primary Liquidity Facility", "Rating Agency",
          "Ratings Confirmation", "Regular Distribution Date", "Replacement
          Primary Liquidity Facility", "Responsible Officer", "Scheduled
          Payment", "Series G-2 Equipment Note", "Special Payment", "Standard
          & Poor's", "Stated Interest Rate", "Subordination Agent", "Taxes",
          "Threshold Rating", "Trust Agreements", "Trustee", "Underwriters",
          "Underwriting Agreement" and "Written Notice".

                                  ARTICLE II

                      AMOUNT AND TERMS OF THE COMMITMENT

               Section 2.01. The Advances. The Primary Liquidity Provider
hereby irrevocably agrees, on the terms and conditions hereinafter set forth,
to make Advances to the Borrower from time to time on any Business Day during
the period from the Effective Date until 1:00 P.M. (New York City time) on the
Expiry Date (unless the obligations of the Primary Liquidity Provider shall be
earlier terminated in accordance with the terms of Section 2.04(b)) in an
aggregate amount at any time outstanding not to exceed the Maximum Commitment.

               Section 2.02. Making the Advances. (a) Interest Advances shall
be made in one or more Borrowings by delivery to the Primary Liquidity
Provider of one or more written and completed Notices of Borrowing in
substantially the form of Annex I attached hereto, signed by a Responsible
Officer of the Borrower, in an amount not exceeding the Maximum Available
Commitment at such time and shall be used solely for the payment when due of
interest on the Class G-2 Certificates at the Stated Interest Rate therefor in
accordance with Section 3.6(a) of the Intercreditor Agreement. Each Interest
Advance made hereunder shall automatically reduce the Maximum Available
Commitment and the amount available to be borrowed hereunder by subsequent
Advances by the amount of such Interest Advance (subject to reinstatement as
provided in the next sentence). Subject to the provisions of Section 3.6(g) of
the Intercreditor Agreement, upon repayment to the Primary Liquidity Provider
of the amount of any Interest Advance made pursuant to this Section 2.02(a),
together with accrued interest thereon (as provided herein), the Maximum
Available Commitment shall be reinstated by the amount of

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such repaid Interest Advance, but not to exceed the Maximum Commitment;
provided, however, that the Maximum Available Commitment shall not be so
reinstated at any time if (i) a Liquidity Event of Default shall have occurred
and be continuing and (ii) there is a Performing Note Deficiency.

               (b) A Non-Extension Advance shall be made in a single Borrowing
if this Agreement is not renewed in accordance with Section 3.6(d) of the
Intercreditor Agreement (unless a Replacement Primary Liquidity Facility to
replace this Agreement shall have been delivered to the Borrower as
contemplated by said Section 3.6(d) within the time period specified in such
Section) by delivery to the Primary Liquidity Provider of a written and
completed Notice of Borrowing in substantially the form of Annex II attached
hereto, signed by a Responsible Officer of the Borrower, in an amount equal to
the Maximum Available Commitment at such time, and shall be used to fund the
Class G-2 Primary Cash Collateral Account in accordance with said Section
3.6(d) and Section 3.6(f) of the Intercreditor Agreement.

               (c) A Downgrade Advance shall be made in a single Borrowing
upon the occurrence of a Downgrade Event (as provided for in Section 3.6(c) of
the Intercreditor Agreement) unless a Replacement Primary Liquidity Facility
to replace this Agreement shall have been previously delivered to the Borrower
in accordance with said Section 3.6(c), by delivery to the Primary Liquidity
Provider of a written and completed Notice of Borrowing in substantially the
form of Annex III attached hereto, signed by a Responsible Officer of the
Borrower, in an amount equal to the Maximum Available Commitment at the time
of such borrowing, and shall be used to fund the Class G-2 Primary Cash
Collateral Account in accordance with said Section 3.6(c) and Section 3.6(f)
of the Intercreditor Agreement.

               (d) A Final Advance shall be made in a single Borrowing upon
the receipt by the Borrower of a Termination Notice from the Primary Liquidity
Provider pursuant to Section 6.01 hereof by delivery to the Primary Liquidity
Provider of a written and completed Notice of Borrowing in substantially the
form of Annex IV attached hereto, signed by a Responsible Officer of the
Borrower, in an amount equal to the Maximum Available Commitment at such time,
and shall be used to fund the Class G-2 Primary Cash Collateral Account in
accordance with Section 3.6(i) and Section 3.6(f) of the Intercreditor
Agreement.

               (e) Each Borrowing shall be made on notice in writing (a
"Notice of Borrowing") in substantially the form required by Section 2.02(a),
2.02(b), 2.02(c) or 2.02(d), as the case may be, given by the Borrower to the
Primary Liquidity Provider. If a Notice of Borrowing is delivered by the
Borrower in respect of any Borrowing no later than 1:00 p.m. (New York City
time) on a Business Day, upon satisfaction of the conditions precedent set
forth in Section 4.02 with respect to a requested Borrowing, the Primary
Liquidity Provider shall make available to the Borrower, in accordance with
its payment instructions, the amount of such Borrowing in U.S. dollars and
immediately available funds, before 4:00 p.m. (New York City time) on such
Business Day or on such later Business Day specified in such Notice of
Borrowing. If a Notice of Borrowing is delivered by the Borrower in respect of
any Borrowing after 1:00 p.m. (New York City time) on a Business Day, upon
satisfaction of the conditions precedent set forth in Section 4.02 with
respect to a requested Borrowing, the Primary Liquidity Provider shall make
available to the Borrower, in accordance with its payment instructions, the

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amount of such Borrowing in U.S. dollars and immediately available funds,
before 12:00 Noon (New York City time) on the first Business Day next
following the day of receipt of such Notice of Borrowing or on such later
Business Day specified by the Borrower in such Notice of Borrowing. Payments
of proceeds of a Borrowing shall be made by wire transfer of immediately
available funds to the Borrower in accordance with such wire transfer
instructions as the Borrower shall furnish from time to time to the Primary
Liquidity Provider for such purpose. Each Notice of Borrowing shall be
irrevocable and binding on the Borrower.

               (f) Upon the making of any Advance requested pursuant to a
Notice of Borrowing, in accordance with the Borrower's payment instructions,
the Primary Liquidity Provider shall be fully discharged of its obligation
hereunder with respect to such Notice of Borrowing, and the Primary Liquidity
Provider shall not thereafter be obligated to make any further Advances
hereunder in respect of such Notice of Borrowing to the Borrower or to any
other Person. If the Primary Liquidity Provider makes an Advance requested
pursuant to a Notice of Borrowing before 12:00 Noon (New York City time) on
the second Business Day after the date of payment specified in said Section
2.02(e), the Primary Liquidity Provider shall have fully discharged its
obligations hereunder with respect to such Advance and an event of default
shall not have occurred hereunder. Following the making of any Advance
pursuant to Section 2.02(b), (c) or (d) hereof to fund the Class G-2 Primary
Cash Collateral Account, the Primary Liquidity Provider shall have no interest
in or rights to the Class G-2 Primary Cash Collateral Account, the funds
constituting such Advance or any other amounts from time to time on deposit in
the Class G-2 Primary Cash Collateral Account; provided that the foregoing
shall not affect or impair the obligations of the Subordination Agent to make
the distributions contemplated by Section 3.6(e) or (f) of the Intercreditor
Agreement and provided further, that the foregoing shall not affect or impair
the rights of the Primary Liquidity Provider to provide written instructions
with respect to the investment and reinvestment of amounts in the Cash
Collateral Accounts to the extent provided in Section 2.2(b) of the
Intercreditor Agreement. By paying to the Borrower proceeds of Advances
requested by the Borrower in accordance with the provisions of this Agreement,
the Primary Liquidity Provider makes no representation as to, and assumes no
responsibility for, the correctness or sufficiency for any purpose of the
amount of the Advances so made and requested.

               Section 2.03. Fees. The Borrower agrees to pay to the Primary
Liquidity Provider the fees set forth in the Fee Letter applicable to this
Agreement.

               Section 2.04. Reduction or Termination of the Maximum
Commitment.

               (a) Reduction. Promptly following each date on which the
Required Amount is reduced as a result of a reduction in the Pool Balance of
the Class G-2 Certificates (including be reason of a Policy Provider Election
with respect to one or more Series G-2 Equipment Notes) or otherwise, the
Maximum Commitment shall automatically be reduced to an amount equal to such
reduced Required Amount (as calculated by the Borrower). The Borrower shall
give notice of any such automatic reduction of the Maximum Commitment to the
Primary Liquidity Provider within two Business Days thereof. The failure by
the Borrower to furnish any such notice shall not affect such automatic
reduction of the Maximum Commitment.

                                      9
<PAGE>

               (b) Termination. Upon the making of any Provider Advance or
Final Advance hereunder or the occurrence of the Termination Date, the
obligation of the Primary Liquidity Provider to make further Advances
hereunder shall automatically and irrevocably terminate, and the Borrower
shall not be entitled to request any further Borrowing hereunder.

               Section 2.05. Repayments of Interest Advances or the Final
Advance. Subject to Sections 2.06, 2.07 and 2.09 hereof, the Borrower hereby
agrees, without notice of an Advance or demand for repayment from the Primary
Liquidity Provider (which notice and demand are hereby waived by the
Borrower), to pay, or to cause to be paid, to the Primary Liquidity Provider
on each date on which the Primary Liquidity Provider shall make an Interest
Advance or the Final Advance, an amount equal to (a) the amount of such
Advance (any such Advance, until repaid, is referred to herein as an "Unpaid
Advance"), plus (b) interest on the amount of each such Unpaid Advance as
provided in Section 3.07 hereof; provided that if (i) the Primary Liquidity
Provider shall make a Provider Advance at any time after making one or more
Interest Advances which shall not have been repaid in accordance with this
Section 2.05 or (ii) this Primary Liquidity Facility shall become a Downgraded
Facility or Non-Extended Facility at any time when unreimbursed Interest
Advances have reduced the Maximum Available Commitment to zero, then such
Interest Advances shall cease to constitute Unpaid Advances and shall be
deemed to have been changed into an Applied Downgrade Advance or an Applied
Non-Extension Advance, as the case may be, for all purposes of this Agreement
(including, without limitation, for the purpose of determining when such
Interest Advance is required to be repaid to the Primary Liquidity Provider in
accordance with Section 2.06 and for the purposes of Section 2.06(b)). The
Borrower and the Primary Liquidity Provider agree that the repayment in full
of each Interest Advance and Final Advance on the date such Advance is made is
intended to be a contemporaneous exchange for new value given to the Borrower
by the Primary Liquidity Provider.

               Section 2.06. Repayments of Provider Advances. (a) Amounts
advanced hereunder in respect of a Provider Advance shall be deposited in the
Class G-2 Primary Cash Collateral Account, invested and withdrawn from the
Class G-2 Primary Cash Collateral Account as set forth in Sections 3.6(c), (d)
and (f) of the Intercreditor Agreement. The Borrower agrees to pay to the
Primary Liquidity Provider, on each Regular Distribution Date, commencing on
the first Regular Distribution Date after the making of a Provider Advance,
interest on the principal amount of any such Provider Advance as provided in
Section 3.07; provided, however, that amounts in respect of a Provider Advance
withdrawn from the Class G-2 Primary Cash Collateral Account for the purpose
of paying interest on the Class G-2 Primary Certificates in accordance with
Section 3.6(f) of the Intercreditor Agreement (the amount of any such
withdrawal being (y) in the case of a Downgrade Advance, an "Applied Downgrade
Advance" and (z) in the case of a Non-Extension Advance, an "Applied
Non-Extension Advance" and, together with an Applied Downgrade Advance, an
"Applied Provider Advance") shall thereafter (subject to Section 2.06(b)) be
treated as an Interest Advance under this Agreement for purposes of
determining the Applicable Liquidity Rate for interest payable thereon;
provided further, however, that if, following the making of a Provider
Advance, the Primary Liquidity Provider delivers a Termination Notice to the
Borrower pursuant to Section 6.01 hereof, such Provider Advance shall
thereafter be treated as a Final Advance under this Agreement for purposes of
determining the Applicable Liquidity Rate for interest payable thereon.
Subject to Sections 2.07 and 2.09 hereof, immediately upon the withdrawal of
any amounts from the Class G-2 Primary

                                      10
<PAGE>

Cash Collateral Account on account of a reduction in the Required Amount, the
Borrower shall repay to the Primary Liquidity Provider a portion of the
Provider Advances in a principal amount equal to such reduction, plus interest
on the principal amount prepaid as provided in Section 3.07 hereof.

               (b) At any time when an Applied Provider Advance (or any
portion thereof) is outstanding, upon the deposit in the Class G-2 Primary
Cash Collateral Account of any amount pursuant to clause "third" of Section
2.4(b) of the Intercreditor Agreement, clause "third" of Section 3.2 of the
Intercreditor Agreement or clause "fourth" of Section 3.3 of the Intercreditor
Agreement (any such amount being a "Replenishment Amount") for the purpose of
replenishing or increasing the balance thereof up to the Required Amount at
such time, (i) the aggregate outstanding principal amount of all Applied
Provider Advances (and of Provider Advances treated as an Interest Advance for
purposes of determining the Applicable Liquidity Rate for interest payable
thereon) shall be automatically reduced by the amount of such Replenishment
Amount and (ii) the aggregate outstanding principal amount of all Unapplied
Provider Advances shall be automatically increased by the amount of such
Replenishment Amount.

               (c) Upon the provision of a Replacement Primary Liquidity
Facility in replacement of this Agreement in accordance with Section 3.6(e) of
the Intercreditor Agreement, amounts remaining on deposit in the Class G-2
Primary Cash Collateral Account after giving effect to any Applied Provider
Advance on the date of such replacement shall be reimbursed to the Primary
Liquidity Provider, but only to the extent such amounts are necessary to repay
in full to the Primary Liquidity Provider all amounts owing to it hereunder.

               Section 2.07. Payments to the Primary Liquidity Provider Under
the Intercreditor Agreement. In order to provide for payment or repayment to
the Primary Liquidity Provider of any amounts hereunder, the Intercreditor
Agreement provides that amounts available and referred to in Articles II and
III of the Intercreditor Agreement, to the extent payable to the Primary
Liquidity Provider pursuant to the terms of the Intercreditor Agreement
(including, without limitation, Section 3.6(f) of the Intercreditor
Agreement), shall be paid to the Primary Liquidity Provider in accordance with
the terms thereof. Amounts so paid to the Primary Liquidity Provider shall be
applied by the Primary Liquidity Provider to Liquidity Obligations then due
and payable in accordance with the Intercreditor Agreement or, if not provided
for in the Intercreditor Agreement, then in such manner as the Primary
Liquidity Provider shall deem appropriate.

               Section 2.08. Book Entries. The Primary Liquidity Provider
shall maintain in accordance with its usual practice an account or accounts
evidencing the indebtedness of the Borrower resulting from Advances made from
time to time and the amounts of principal and interest payable hereunder and
paid from time to time in respect thereof; provided, however, that the failure
by the Primary Liquidity Provider to maintain such account or accounts shall
not affect the obligations of the Borrower in respect of Advances.

               Section 2.09. Payments from Available Funds Only. All payments
to be made by the Borrower under this Agreement shall be made only from the
amounts that constitute Scheduled Payments, Special Payments or payments under
Section 7(c) of the Participation Agreements and Section 7 of the Note
Purchase Agreement and only to the extent that the

                                      11
<PAGE>

Borrower shall have sufficient income or proceeds therefrom to enable the
Borrower to make payments in accordance with the terms hereof after giving
effect to the priority of payments provisions set forth in the Intercreditor
Agreement. The Primary Liquidity Provider agrees that it will look solely to
such amounts to the extent available for distribution to it as provided in the
Intercreditor Agreement and this Agreement and that the Borrower, in its
individual capacity, is not personally liable to it for any amounts payable or
liability under this Agreement except as expressly provided in this Agreement,
the Intercreditor Agreement or any Participation Agreement. Amounts on deposit
in the Class G-2 Primary Cash Collateral Account shall be available to the
Borrower to make payments under this Agreement only to the extent and for the
purposes expressly contemplated in Section 3.6(f) of the Intercreditor
Agreement.

               Section 2.10. Extension of the Expiry Date; Non-Extension
Advance. The Borrower may, from time to time, by notice to the Primary
Liquidity Provider (each such notice being an "Extension Notice") given no
later than the 40th day and no earlier than the 60th day prior to the then
applicable Expiry Date, request that the Primary Liquidity Provider renew its
obligations hereunder for a period ending on a date (the "Renewal Date") that
is the earlier of (i) the date which is 15 days after the Final Legal
Distribution Date for the Class G-2 Certificates and (ii) the date that is the
day immediately preceding the 364th day occurring after the last day of the
Consent Period (as hereinafter defined). Whether or not the Primary Liquidity
Provider has received a request from the Borrower, such Primary Liquidity
Provider may, but shall not be obligated to, by a notice (a "Consent Notice")
to the Borrower, given during the period commencing on the date that is 60
days prior to the Expiry Date then in effect (or, if earlier, the date of such
Primary Liquidity Provider's receipt of such request, if any, from the
Borrower) and ending on the date that is 25 days prior to the Expiry Date then
in effect for such Primary Liquidity Facility (such period, with respect to
such Primary Liquidity Facility, the "Consent Period"), advise the Borrower
whether, in its sole discretion, it consents to such extension of its
obligations hereunder for the period ending on the Renewal Date, in which
event the Renewal Date shall become the Expiry Date hereunder, which consent
may be given or withheld by the Primary Liquidity Provider in its absolute and
sole discretion; provided, however, that such extension shall not be effective
with respect to the Primary Liquidity Provider if by a notice (a "Withdrawal
Notice") to the Borrower during the Consent Period the Primary Liquidity
Provider revokes its Consent Notice. If a Withdrawal Notice has been given
during the applicable Consent Period or if the Primary Liquidity Provider
fails irrevocably and unconditionally to advise the Borrower on or before the
date on which such Consent Period ends that it agrees to so extend its
obligations hereunder, (and, in each case, if the Primary Liquidity Provider
shall not have been replaced in accordance with Section 3.6(e) of the
Intercreditor Agreement), the Borrower shall be entitled on and after the date
on which the Consent Period ends (but prior to the then effective Expiry Date)
to request a Non-Extension Advance in accordance with Section 2.02(b) hereof
and Section 3.6(d) of the Intercreditor Agreement.

               Section 2.11. Right to Further Extend Expiry Date. Subject to
the proviso in the immediately succeeding sentence, the Primary Liquidity
Provider shall have the right at any time and without the consent of the
Borrower to extend the then effective Expiry Date up to the date that is 15
days after the Final Legal Distribution Date for the Class G-2 Certificates by
giving not less than five nor more than ten days' prior written notice of such
extension to the Borrower, the Class G-2 Trustee and Northwest (which notice
shall specify the effective date of such extension (the "Extension Effective
Date")). On the Extension Effective Date, the then effective Expiry

                                      12
<PAGE>

Date shall be so extended without any further act; provided, however, that if
prior to the Extension Effective Date a Downgrade Event shall have occurred,
the then effective Expiry Date shall not be so extended.

                                 ARTICLE III

                          OBLIGATIONS OF THE BORROWER

               Section 3.01. Increased Costs. If the Primary Liquidity
Provider shall determine that (a) any change after the date hereof in any law,
regulation, rule or directive or in the interpretation thereof by any court or
administrative or governmental authority charged with the administration
thereof or in the compliance by the Primary Liquidity Provider (or its head
office) with any applicable direction, request or requirement (whether or not
having the force of law) of any central bank or competent governmental or
other authority shall either (i) impose, modify or deem applicable any
reserve, special deposit or similar requirement against assets held by, or
deposits in or for the account of, or loans made by, the Primary Liquidity
Provider, or (ii) impose on the Primary Liquidity Provider any other condition
regarding this Agreement or any Advance, or (iii) subject the Primary
Liquidity Provider to any Taxes with respect to amounts payable or paid or
change the basis of taxation of any amounts payable to the Primary Liquidity
Provider (other than Excluded Taxes) and (b) the result of any event referred
to in the preceding clauses (i), (ii) or (iii) shall be to increase the cost
to the Primary Liquidity Provider of issuing or maintaining its commitment or
funding or maintaining Advances (which increase in cost shall be determined by
the Primary Liquidity Provider's reasonable allocations of the aggregate of
such cost increases resulting from such event), then, upon demand by the
Primary Liquidity Provider), the Borrower shall pay, or cause to be paid, to
the Primary Liquidity Provider, from time to time as specified by the Primary
Liquidity Provider, additional amounts which shall be sufficient to compensate
the Primary Liquidity Provider for such increased cost; provided that if such
demand for payment is made more than 180 days after a Responsible Officer of
the Primary Liquidity Provider obtains actual knowledge of any event referred
to in clause (i), (ii) or (iii) above period, the Borrower shall be obligated
to pay such additional amounts only with respect to such increased cost
actually incurred or effected on or after the 180th day prior to the date of
such demand. A certificate as to such increased cost incurred by the Primary
Liquidity Provider as a result of any event mentioned in clauses (i), (ii) or
(iii) above, prepared in reasonable detail and submitted by the Primary
Liquidity Provider to the Borrower, shall be conclusive evidence of the amount
owed under this Section, absent manifest error.

               The Primary Liquidity Provider agrees to use reasonable efforts
(consistent with its internal policy and legal and regulatory restrictions) to
change the jurisdiction of its Lending Office if making such change would
avoid the need for, or reduce the amount of, any amount payable under this
Section 3.01 that may thereafter accrue and would not, in the reasonable
judgment of the Primary Liquidity Provider, be otherwise disadvantageous to
the Primary Liquidity Provider.

               Section 3.02. Capital Adequacy. If the Primary Liquidity
Provider shall determine that the adoption of any applicable law, rule or
regulation regarding capital adequacy,

                                      13
<PAGE>

or any change therein, or any change in the interpretation or administration
thereof by any governmental authority, central bank or comparable agency
charged with the interpretation or administration thereof, or compliance by
the Primary Liquidity Provider (or its head office) with any request or
directive regarding capital adequacy (whether or not having the force of law)
of any such authority, central bank or comparable agency, in each case after
the date hereof, has the effect of reducing the rate of return on the Primary
Liquidity Provider's capital as a consequence of issuing or maintaining its
commitment hereunder or its funding or maintaining Advances to a level below
that which the Primary Liquidity Provider could have achieved but for such
adoption, change or compliance (taking into consideration the Primary
Liquidity Provider's policies with respect to capital adequacy) by an amount
deemed by the Primary Liquidity Provider to be material, then, upon demand by
the Primary Liquidity Provider, the Borrower shall pay to the Primary
Liquidity Provider, from time to time as specified by the Primary Liquidity
Provider, additional amounts which shall be sufficient to compensate the
Primary Liquidity Provider for such reduction in respect of issuing or
maintaining its commitment hereunder or its funding or maintaining Advances. A
certificate as to any such additional amount describing the event which has
the effect of reducing the rate of return on the Primary Liquidity Provider's
capital, prepared in reasonable detail and submitted by the Primary Liquidity
Provider to the Borrower, shall be conclusive evidence of the amount owed
under this Section, absent manifest error.

               The Primary Liquidity Provider agrees to use reasonable efforts
(consistent with its internal policy and legal and regulatory restrictions) to
change the jurisdiction of its Lending Office if making such change would
avoid the need for, or reduce the amount of, any amount payable under this
Section 3.02 that may thereafter accrue and would not, in the reasonable
judgment of the Primary Liquidity Provider, be otherwise disadvantageous to
the Primary Liquidity Provider.

               Section 3.03. Payments Free of Deductions. (a) All payments
made by the Borrower under this Agreement and the Fee Letter shall be made
free and clear of, and without reduction for or on account of, any present or
future stamp or other taxes, levies, imposts, duties, charges, fees,
deductions, withholdings, restrictions or conditions of any nature whatsoever
now or hereafter imposed, levied, collected, withheld or assessed, excluding
Excluded Taxes (such non-excluded taxes being referred to herein,
collectively, as "Non-Excluded Taxes" and, individually, as a "Non-Excluded
Tax"). If any Non-Excluded Taxes are required to be withheld from any amounts
payable to the Primary Liquidity Provider under this Agreement, the amounts so
payable to the Primary Liquidity Provider shall be increased to the extent
necessary to yield to the Primary Liquidity Provider (after payment of all
Non-Excluded Taxes and taxes imposed on the receipt of such increase) interest
or any other such amounts payable under this Agreement or any amounts payable
under the Fee Letter, as the case may be at the rates or in the amounts
specified in this Agreement or the Fee Letter, as the case may be. The Primary
Liquidity Provider agrees to use reasonable efforts (consistent with its
internal policy and legal and regulatory restrictions) to change the
jurisdiction of its Lending Office if making such change would avoid the need
for, or reduce the amount of, any such additional amounts that may thereafter
accrue and would not, in the reasonable judgment of the Primary Liquidity
Provider, be otherwise disadvantageous to the Primary Liquidity Provider. On
or prior to the Closing Date, the Primary Liquidity Provider agrees to provide
to the Borrower (i) two copies of a properly completed United States Internal
Revenue Service Form W-8BEN or Form W-8ECI, as

                                      14
<PAGE>

appropriate, or other applicable form, certificate or document prescribed by
the Internal Revenue Service certifying, in each case, the Primary Liquidity
Provider's entitlement to a complete exemption from United States federal
withholding tax in respect to any and all payments to be made hereunder, and
(ii) agree to provide the Borrower a new Form W-8BEN or Form W-8ECI, as
appropriate, (A) on or before the date that any such form expires or becomes
obsolete or (B) after the occurrence of any event requiring a change in the
most recent form previously delivered by it and prior to the immediately
following due date of any payment by the Borrower hereunder, certifying in the
case of a Form W-8ECI or Form W-8BEN that the Primary Liquidity Provider is
exempt from or entitled to a reduced rate of United States federal withholding
tax on payments under this Agreement.

               (b) All payments (including, without limitation, Advances) made
by the Primary Liquidity Provider under this Agreement shall be made free and
clear of, and without reduction for or on account of, any Taxes. If any Taxes
are required to be withheld or deducted from any amounts payable to the
Borrower under this Agreement, the Primary Liquidity Provider shall (i) within
the time prescribed therefor by applicable law pay to the appropriate
governmental or taxing authority the full amount of any such Taxes (and any
additional Taxes in respect of the payment required under clause (ii) hereof)
and make such reports or returns in connection therewith at the time or times
and in the manner prescribed by applicable law, and (ii) pay to the Borrower
an additional amount which (after deduction of all such Taxes) will be
sufficient to yield to the Borrower the full amount which would have been
received by it had no such withholding or deduction been made. Within 30 days
after the date of each payment hereunder, the Primary Liquidity Provider shall
furnish to the Borrower the original or a certified copy of (or other
documentary evidence of) the payment of the Taxes applicable to such payment.

               (c) If any exemption from, or reduction in the rate of, any
Taxes is reasonably available to the Borrower to establish that payments under
this Agreement are exempt from (or entitled to a reduced rate of) tax, the
Borrower shall deliver to the Primary Liquidity Provider such form or forms
and such other evidence of the eligibility of the Borrower for such exemption
or reduction as the Primary Liquidity Provider may reasonably identify to the
Borrower as being required as a condition to exemption from, or reduction in
the rate of, any Taxes.

               Section 3.04. Payments. The Borrower shall make or cause to be
made each payment to the Primary Liquidity Provider under this Agreement so as
to cause the same to be received by the Primary Liquidity Provider not later
than 1:00 P.M. (New York City time) on the day when due. The Borrower shall
make all such payments in lawful money of the United States of America, to the
Primary Liquidity Provider in immediately available funds, by wire transfer to
Westdeutsche Landesbank Girozentrale, New York Branch, Account No.
920-1-060663, Reference: GSF Transportation Northwest EETC 2002-1.

               Section 3.05. Computations. All computations of interest based
on the Base Rate shall be made on the basis of a year of 365 or 366 days, as
the case may be, and all computations of interest based on the LIBOR Rate
shall be made on the basis of a year of 360 days, in each case for the actual
number of days (including the first day but excluding the last day) occurring
in the period for which such interest is payable.

                                      15
<PAGE>

               Section 3.06. Payment on Non-Business Days. Whenever any
payment to be made hereunder shall be stated to be due on a day other than a
Business Day, such payment shall be made on the next succeeding Business Day
and no additional interest shall be due as a result (and if so made, shall be
deemed to have been made when due). If any payment in respect of interest on
an Advance is so deferred to the next succeeding Business Day, such deferral
shall not delay the commencement of the next Interest Period for such Advance
(if such Advance is a LIBOR Advance) or reduce the number of days for which
interest will be payable on such Advance on the next interest payment date for
such Advance.

               Section 3.07. Interest. (a) Subject to Section 2.09, the
Borrower shall pay, or shall cause to be paid, without duplication, interest
on (i) the unpaid principal amount of each Advance from and including the date
of such Advance (or, in the case of an Applied Provider Advance, from and
including the date on which the amount thereof was withdrawn from the Class
G-2 Primary Cash Collateral Account to pay interest on the Class G-2
Certificates) to but excluding the date such principal amount shall be paid in
full (or, in the case of an Applied Provider Advance, the date on which the
Class G-2 Primary Cash Collateral Account is fully replenished in respect of
such Advance) and (ii) any other amount due hereunder (whether fees,
commissions, expenses or other amounts or, to the extent permitted by law,
installments of interest on Advances or any such other amount) which is not
paid when due (whether at stated maturity, by acceleration or otherwise) from
and including the due date thereof to but excluding the date such amount is
paid in full, in each such case, at a fluctuating interest rate per annum for
each day equal to the Applicable Liquidity Rate (as defined below) for such
Advance or such other amount as in effect for such day, but in no event at a
rate per annum greater than the maximum rate permitted by applicable law;
provided, however, that, if at any time the otherwise applicable interest rate
as set forth in this Section 3.07 shall exceed the maximum rate permitted by
applicable law, then any subsequent reduction in such interest rate will not
reduce the rate of interest payable pursuant to this Section 3.07 below the
maximum rate permitted by applicable law until the total amount of interest
accrued equals the amount of interest that would have accrued if such
otherwise applicable interest rate as set forth in this Section 3.07 had at
all times been in effect.

               (b) Each Advance will be either a Base Rate Advance or a LIBOR
Advance as provided in this Section. Each such Advance will be a Base Rate
Advance for the period from the date of its borrowing to (but excluding) the
third Business Day following the Primary Liquidity Provider's receipt of the
Notice of Borrowing for such Advance. Thereafter, such Advance shall be a
LIBOR Advance; provided that (i) an Applied Provider Advance shall always be a
LIBOR Advance unless the Borrower elects otherwise and (ii) the Borrower (at
the direction of the Controlling Party, so long as the Primary Liquidity
Provider is not the Controlling Party) may (x) convert the Final Advance into
a Base Rate Advance on the last day of an Interest Period for such Advance by
giving the Primary Liquidity Provider no less than four Business Days' prior
written notice of such election or (y) elect to maintain the Final Advance as
a Base Rate Advance by not requesting a conversion of the Final Advance to a
LIBOR Advance under Clause (5) of the applicable Notice of Borrowing (or, if
such Final Advance is deemed to have been made, without delivery of a Notice
of Borrowing pursuant to Section 2.06, by requesting, prior to 11:00 A.M. (New
York City time) on the first Business Day immediately following the Borrower's
receipt of the applicable Termination Notice, that such Final Advance not be
converted from a Base Rate Advance to a LIBOR Advance).

                                      16
<PAGE>

               (c) Each LIBOR Advance shall bear interest during each Interest
Period at a rate per annum equal to the LIBOR Rate for such Interest Period
plus the Applicable Margin for such LIBOR Advance, payable in arrears on the
last day of such Interest Period and, in the event of the payment of principal
of such LIBOR Advance on a day other than such last day, on the date of such
payment (to the extent of interest accrued on the amount of principal repaid).

               (d) Each Base Rate Advance shall bear interest at a rate per
annum equal to the Base Rate plus the Applicable Margin for such Base Rate
Advance, payable in arrears on each Regular Distribution Date and, in the
event of the payment of principal of such Base Rate Advance on a day other
than a Regular Distribution Date, on the date of such payment (to the extent
of interest accrued on the amount of principal repaid).

               (e) [RESERVED]

               (f) Each amount not paid when due hereunder (whether fees,
commissions, expenses or other amounts or, to the extent permitted by
applicable law, installments of interest on Advances but excluding Advances)
shall bear interest at a rate per annum equal to the Base Rate plus 2.5% until
paid.

               (g) Each change in the Base Rate shall become effective
immediately. The rates of interest specified in this Section 3.07 with respect
to any Advance or other amount shall be referred to as the "Applicable
Liquidity Rate".

               Section 3.08. Replacement of Borrower. From time to time and
subject to the successor Borrower's meeting the eligibility requirements set
forth in Section 6.9 of the Intercreditor Agreement applicable to the
Subordination Agent, upon the effective date and time specified in a written
and completed Notice of Replacement Subordination Agent in substantially the
form of Annex VI attached hereto (a "Notice of Replacement Subordination
Agent") delivered to the Primary Liquidity Provider by the then Borrower, the
successor Borrower designated therein shall be substituted as the Borrower for
all purposes hereunder.

               Section 3.09. Funding Loss Indemnification. The Borrower shall
pay to the Primary Liquidity Provider, upon the request of the Primary
Liquidity Provider, such amount or amounts as shall be sufficient (in the
reasonable opinion of the Primary Liquidity Provider) to compensate it for any
loss, cost, or expense incurred as a result of the liquidation or redeployment
of deposits or other funds acquired by the Primary Liquidity Provider to fund
or maintain any LIBOR Advance (but excluding loss of anticipated profits)
incurred as a result of:

                    (1) Any repayment of a LIBOR Advance on a date other than
               the last day of the Interest Period for such Advance; or

                    (2) Any failure by the Borrower to borrow a LIBOR Advance
               on the date for borrowing specified in the relevant notice
               under Section 2.02.

               Section 3.10. Illegality. Notwithstanding any other provision
in this Agreement, if any change in any applicable law, rule or regulation, or
any change in the interpretation or administration thereof by any governmental
authority, central bank or comparable agency charged with the interpretation
or administration thereof, or compliance by the Primary Liquidity

                                      17
<PAGE>

Provider (or its Lending Office) with any request or directive (whether or not
having the force of law) of any such authority, central bank or comparable
agency shall make it unlawful or impossible for the Primary Liquidity Provider
(or its Lending Office) to maintain or fund its LIBOR Advances, then upon
notice to the Borrower by the Primary Liquidity Provider, the outstanding
principal amount of the LIBOR Advances shall be converted to Base Rate
Advances (a) immediately upon demand of the Primary Liquidity Provider, if
such change or compliance with such request, in the judgment of the Primary
Liquidity Provider, requires immediate repayment; or (b) at the expiration of
the last Interest Period to expire before the effective date of any such
change or request.

                                  ARTICLE IV

                             CONDITIONS PRECEDENT

               Section 4.01. Conditions Precedent to Effectiveness of Section
2.01. Section 2.01 of this Agreement shall become effective on and as of the
first date (the "Effective Date") on which the following conditions precedent
have been satisfied or waived:

               (a) The Primary Liquidity Provider shall have received on or
          before the Closing Date each of the following, and in the case of
          each document delivered pursuant to paragraphs (i), (ii) and (iii),
          each in form and substance satisfactory to the Primary Liquidity
          Provider:

                    (i) This Agreement and the Fee Letter duly executed on
               behalf of the Borrower and acknowledged by Northwest;

                    (ii) The Intercreditor Agreement duly executed on behalf
               of each of the parties thereto;

                    (iii) Fully executed copies of each of the Operative
               Agreements executed and delivered on or before the Closing Date
               (other than this Agreement, the Fee Letter and the
               Intercreditor Agreement);

                    (iv) A copy of the Prospectus Supplement and specimen
               copies of the Class G-2 Certificates;

                    (v) An executed copy of each document, instrument,
               certificate and opinion delivered on or before the Closing Date
               pursuant to the Class G-2 Trust Agreement, the Intercreditor
               Agreement and the other Operative Agreements (in the case of
               each such opinion, other than the opinion of counsel for the
               Underwriters, either addressed to the Primary Liquidity
               Provider or accompanied by a letter from the counsel rendering
               such opinion to the effect that the Primary Liquidity Provider
               is entitled to rely on such opinion as of its date as if it
               were addressed to the Primary Liquidity Provider);

                    (vi) Evidence that there shall have been made and shall be
               in full force and effect, all filings, recordings and/or
               registrations, and there shall have been given or taken any
               notice or other similar action as may be reasonably necessary

                                      18
<PAGE>

               or, to the extent reasonably requested by the Primary Liquidity
               Provider, reasonably advisable, in order to establish, perfect,
               protect and preserve the right, title and interest, remedies,
               powers, privileges, liens and security interests of, or for the
               benefit of, the Trustees, the Borrower and the Primary
               Liquidity Provider created by the Operative Agreements executed
               and delivered on or prior to the Closing Date;

                    (vii) A letter from Northwest Airlines Corporation,
               pursuant to which (i) Northwest Airlines Corporation agrees to
               provide copies of quarterly financial statements and audited
               annual financial statements to the Primary Liquidity Provider,
               and such other information as the Primary Liquidity Provider
               shall reasonably request with respect to the transactions
               contemplated by the Operative Agreements, in each case, only to
               the extent that Northwest Airlines Corporation is obligated to
               provide such information pursuant to Section 16 of the Leases
               (related to Leased Aircraft) or the corresponding section of
               the Indentures (related to Owned Aircraft) to the parties
               thereto, and (ii) Northwest Airlines Corporation agrees to
               allow the Primary Liquidity Provider to inspect its books and
               records regarding such transactions, and to discuss such
               transactions with officers and employees of Northwest Airlines
               Corporation; and

                    (viii) Such other documents, instruments, opinions and
               approvals pertaining to the transactions contemplated hereby or
               by the other Operative Agreements as the Primary Liquidity
               Provider shall have reasonably requested.

               (b) The following statement shall be true on and as of the
          Effective Date: no event has occurred and is continuing, or would
          result from the entering into of this Agreement or the making of any
          Advance, which constitutes a Liquidity Event of Default.

               (c) The Primary Liquidity Provider shall have received payment
          in full of all fees and other sums required to be paid to or for the
          account of the Primary Liquidity Provider on or prior to the
          Effective Date.

               (d) All conditions precedent to the issuance of the
          Certificates under the Trust Agreements shall have been satisfied or
          waived, all conditions precedent to the effectiveness of the other
          Liquidity Facilities shall have been satisfied or waived, and all
          conditions precedent to the purchase of the Class G-1, Class G-2,
          Class C-1 and Class C-2 Certificates by the Underwriters under the
          Underwriting Agreement shall have been satisfied (unless any of such
          conditions precedent shall have been waived by the Underwriters).

               (e) The Borrower shall have received a certificate, dated the
          date hereof, signed by a duly authorized representative of the
          Primary Liquidity Provider, certifying that all conditions precedent
          to the effectiveness of Section 2.01 have been satisfied or waived.

                                      19
<PAGE>

               Section 4.02. Conditions Precedent to Borrowing. The obligation
of the Primary Liquidity Provider to make an Advance on the occasion of each
Borrowing shall be subject to the conditions precedent that the Effective Date
shall have occurred and, prior to the date of such Borrowing, the Borrower
shall have delivered a Notice of Borrowing which conforms to the terms and
conditions of this Agreement and has been completed as may be required by the
relevant form of the Notice of Borrowing for the type of Advances requested.

                                  ARTICLE V

                                  COVENANTS

               Section 5.01. Affirmative Covenants of the Borrower. So long as
any Advance shall remain unpaid or the Primary Liquidity Provider shall have
any Maximum Commitment hereunder or the Borrower shall have any obligation to
pay any amount to the Primary Liquidity Provider hereunder, the Borrower will,
unless the Primary Liquidity Provider shall otherwise consent in writing:

               (a) Performance of This and Other Agreements. Punctually pay or
          cause to be paid all amounts payable by it under this Agreement and
          the other Operative Agreements and observe and perform in all
          material respects the conditions, covenants and requirements
          applicable to it contained in this Agreement and the other Operative
          Agreements.

               (b) Reporting Requirements. Furnish to the Primary Liquidity
          Provider with reasonable promptness, such other information and data
          with respect to the transactions contemplated by the Operative
          Agreements as from time to time may be reasonably requested by the
          Primary Liquidity Provider; and permit the Primary Liquidity
          Provider, upon reasonable notice, to inspect the Borrower's books
          and records with respect to such transactions and to meet with
          officers and employees of the Borrower to discuss such transactions.

               (c) Certain Operative Agreements. Furnish to the Primary
          Liquidity Provider with reasonable promptness, such Operative
          Agreements entered into after the date hereof as from time to time
          may be reasonably requested by the Primary Liquidity Provider.

               Section 5.02. Negative Covenants of the Borrower. So long as
any Advance shall remain unpaid or the Primary Liquidity Provider shall have
any Maximum Commitment hereunder or the Borrower shall have any obligation to
pay any amount to the Primary Liquidity Provider hereunder, the Borrower will
not appoint or permit or suffer to be appointed any successor Borrower without
the prior written consent of the Primary Liquidity Provider, which consent
shall not be unreasonably withheld or delayed.

                                      20
<PAGE>

                                  ARTICLE VI

                          LIQUIDITY EVENTS OF DEFAULT

               Section 6.01. Liquidity Events of Default. If (a) any Liquidity
Event of Default has occurred and is continuing and (b) there is a Performing
Note Deficiency, the Primary Liquidity Provider may, in its discretion,
deliver to the Borrower a Termination Notice, the effect of which shall be to
cause (i) this Agreement to expire on the fifth Business Day after the date on
which such Termination Notice is received by the Borrower, (ii) the Borrower
to promptly request, and the Primary Liquidity Provider to promptly make, a
Final Advance in accordance with Section 2.02(d) hereof and Section 3.6(i) of
the Intercreditor Agreement, (iii) all other outstanding Advances to be
automatically converted into Final Advances for purposes of determining the
Applicable Liquidity Rate for interest payable thereon, and (iv) subject to
Sections 2.07 and 2.09 hereof, all Advances (including, without limitation,
any Provider Advance and Applied Provider Advance), any accrued interest
thereon and any other amounts outstanding hereunder to become immediately due
and payable to the Primary Liquidity Provider.

                                 ARTICLE VII

                                MISCELLANEOUS

               Section 7.01. Amendments, Etc. No amendment or waiver of any
provision of this Agreement, nor consent to any departure by the Borrower
therefrom, shall in any event be effective unless the same shall be in writing
and signed by the Primary Liquidity Provider, and, in the case of an amendment
or of a waiver by the Borrower, the Borrower, and then such waiver or consent
shall be effective only in the specific instance and for the specific purpose
for which given.

               Section 7.02. Notices, Etc. Except as otherwise expressly
provided herein, all notices and other communications provided for hereunder
shall be in writing (including telecopier and mailed or delivered or sent by
telecopier):

Borrower:                       STATE STREET BANK AND TRUST COMPANY
                                2 Avenue de Lafayette
                                Boston, Massachusetts  02111
                                Attention:  Corporate Trust Administration
                                Telecopy:   (617) 988-9514

Primary Liquidity Provider:     WESTDEUTSCHE LANDESBANK GIROZENTRALE
                                1211 Avenue of the Americas
                                New York, New York 10036
                                Attention: Loan Administration - Suzy Kong

                                Telephone:  (212) 597-1319
                                Telecopy:   (212) 302-7946

                                      21
<PAGE>

                                with a copy of any Notice of Borrowing to:

                                WESTDEUTSCHE LANDESBANK GIROZENTRALE
                                1211 Avenue of the Americas
                                New York, New York 10036
                                Attention:  Transportation Finance -
                                            Brigitte Thieme

                                Telephone:  (212) 852-6111
                                Telecopy:   (212) 597-5419

or, as to each of the foregoing, at such other address as shall be designated
by such Person in a written notice to the others. All such notices and
communications shall be effective (i) if given by telecopier, when transmitted
to the telecopier number specified above, (ii) if given by mail, when
deposited in the mails addressed as specified above, and (iii) if given by
other means, when delivered at the address specified above, except that
written notices to the Primary Liquidity Provider pursuant to the provisions
of Articles II and III hereof shall not be effective until received by the
Primary Liquidity Provider. A copy of all notices delivered hereunder to
either party shall in addition be delivered to each of the parties to the
Participation Agreements at their respective addresses set forth therein.

               Section 7.03. No Waiver; Remedies. No failure on the part of
the Primary Liquidity Provider to exercise, and no delay in exercising, any
right under this Agreement shall operate as a waiver thereof; nor shall any
single or partial exercise of any right under this Agreement preclude any
other or further exercise thereof or the exercise of any other right. The
remedies herein provided are cumulative and not exclusive of any remedies
provided by law.

               Section 7.04. Further Assurances. The Borrower agrees to do
such further acts and things and to execute and deliver to the Primary
Liquidity Provider such additional assignments, agreements, powers and
instruments as the Primary Liquidity Provider may reasonably require or deem
advisable to carry into effect the purposes of this Agreement and the other
Operative Agreements or to better assure and confirm unto the Primary
Liquidity Provider its rights, powers and remedies hereunder and under the
other Operative Agreements.

               Section 7.05. Indemnification; Survival of Certain Provisions.
The Primary Liquidity Provider shall be indemnified hereunder to the extent
and in the manner described in Section 7(c) of the Participation Agreements.
In addition, the Borrower agrees to indemnify, protect, defend and hold
harmless the Primary Liquidity Provider from, against and in respect of, and
shall pay on demand, all Expenses of any kind or nature whatsoever (other than
any Expenses of the nature described in Sections 3.01, 3.02 or 7.07 hereof or
in the Fee Letter applicable to this Agreement (regardless of whether
indemnified against pursuant to said Sections or in such Fee Letter)), that
may be imposed, incurred by or asserted against any Liquidity Indemnitee, in
any way relating to, resulting from, or arising out of or in connection with
any action, suit or proceeding by any third party against such Liquidity
Indemnitee and relating to this Agreement, the Fee Letter applicable to this
Agreement, the Intercreditor Agreement or any Financing Agreement; provided,
however, that the Borrower shall not be required to indemnify, protect, defend
and hold harmless any Liquidity Indemnitee in respect of

                                      22
<PAGE>

any Expense of such Liquidity Indemnitee to the extent such Expense is (i)
attributable to the gross negligence or willful misconduct of such Liquidity
Indemnitee or any other Liquidity Indemnitee, (ii) ordinary and usual
operating overhead expense, or (iii) attributable to the failure by such
Liquidity Indemnitee or any other Liquidity Indemnitee to perform or observe
any agreement, covenant or condition on its part to be performed or observed
in this Agreement, the Fee Letter applicable to this Agreement, the
Intercreditor Agreement or any other Operative Agreement to which it is a
party. The indemnities contained in Section 7(c) of the Participation
Agreements, and the provisions of Sections 3.01, 3.02, 3.03, 3.09, 7.05 and
7.07 hereof, shall survive the termination of this Agreement.

               Section 7.06. Liability of the Primary Liquidity Provider. (a)
Neither the Primary Liquidity Provider nor any of its officers, employees,
directors or Affiliates shall be liable or responsible for: (i) the use which
may be made of the Advances or any acts or omissions of the Borrower or any
beneficiary or transferee in connection therewith; (ii) the validity,
sufficiency or genuineness of documents, or of any endorsement thereon, even
if such documents should prove to be in any or all respects invalid,
insufficient, fraudulent or forged; or (iii) the making of Advances by the
Primary Liquidity Provider against delivery of a Notice of Borrowing and other
documents which do not comply with the terms hereof; provided, however, that
the Borrower shall have a claim against the Primary Liquidity Provider, and
the Primary Liquidity Provider shall be liable to the Borrower, to the extent
of any damages suffered by the Borrower which were the result of (A) the
Primary Liquidity Provider's willful misconduct or negligence in determining
whether documents presented hereunder comply with the terms hereof, or (B) any
breach by the Primary Liquidity Provider of any of the terms of this
Agreement, including, but not limited to, the Primary Liquidity Provider's
failure to make lawful payment hereunder after the delivery to it by the
Borrower of a Notice of Borrowing strictly complying with the terms and
conditions hereof.

               (b) Neither the Primary Liquidity Provider nor any of its
officers, employees, directors or affiliates shall be liable or responsible in
any respect for (i) any error, omission, interruption or delay in
transmission, dispatch or delivery of any message or advice, however
transmitted, in connection with this Agreement or any Notice of Borrowing
delivered hereunder, or (ii) any action, inaction or omission which may be
taken by it in good faith, absent willful misconduct or negligence (in which
event the extent of the Primary Liquidity Provider's potential liability to
the Borrower shall be limited as set forth in the immediately preceding
paragraph), in connection with this Agreement or any Notice of Borrowing.

               Section 7.07. Costs, Expenses and Taxes. The Borrower agrees to
pay, or cause to be paid (A) on the Effective Date and on such later date or
dates on which the Primary Liquidity Provider shall make demand, all
reasonable out-of-pocket costs and expenses (including, without limitation,
the reasonable fees and expenses of outside counsel for the Primary Liquidity
Provider) of the Primary Liquidity Provider in connection with the
preparation, negotiation, execution, delivery, filing and recording of this
Agreement, any other Operative Agreement and any other documents which may be
delivered in connection with this Agreement and (B) on demand, all reasonable
costs and expenses (including reasonable counsel fees and expenses) of the
Primary Liquidity Provider in connection with (i) the enforcement of this
Agreement or any other Operative Agreement, (ii) the modification or amendment
of, or supplement to, this Agreement or any other Operative Agreement or such
other documents which

                                      23
<PAGE>

may be delivered in connection herewith or therewith (whether or not the same
shall become effective) or (iii) any action or proceeding relating to any
order, injunction, or other process or decree restraining or seeking to
restrain the Primary Liquidity Provider from paying any amount under this
Agreement, the Intercreditor Agreement or any other Operative Agreement or
otherwise affecting the application of funds in the Class G-2 Primary Cash
Collateral Account. In addition, the Borrower shall pay any and all recording,
stamp and other similar taxes and fees payable or determined to be payable in
connection with the execution, delivery, filing and recording of this
Agreement, any other Operative Agreement and such other documents, and agrees
to save the Primary Liquidity Provider harmless from and against any and all
liabilities with respect to or resulting from any delay in paying or omission
to pay such taxes or fees.

               Section 7.08. Binding Effect; Participations. (a) This
Agreement shall be binding upon and inure to the benefit of the Borrower and
the Primary Liquidity Provider and their respective successors and assigns,
except that neither the Primary Liquidity Provider (except as otherwise
provided in this Section 7.08) nor (except as contemplated by Section 3.08)
the Borrower shall have the right to assign its rights or obligations
hereunder or any interest herein without the prior written consent of the
other party, subject to the requirements of Section 7.08(b). The Primary
Liquidity Provider may grant participations herein or in any of its rights
hereunder (including, without limitation, funded participations and
participations in rights to receive interest payments hereunder) and under the
other Operative Agreements to such Persons as the Primary Liquidity Provider
may in its sole discretion select (but excluding Northwest and any of its
Affiliates), subject to the requirements of Section 7.08(b). No such granting
of participations by the Primary Liquidity Provider, however, will relieve the
Primary Liquidity Provider of its obligations hereunder. In connection with
any participation or any proposed participation, the Primary Liquidity
Provider may disclose to the participant or the proposed participant any
information that the Borrower is required to deliver or to disclose to the
Primary Liquidity Provider pursuant to this Agreement. The Borrower
acknowledges and agrees that the Primary Liquidity Provider's source of funds
may derive in part from its participants. Accordingly, references in this
Agreement and the other Operative Agreements to determinations, reserve and
capital adequacy requirements, increased costs, reduced receipts, additional
amounts due pursuant to Section 3.03 and the like as they pertain to the
Primary Liquidity Provider shall be deemed also to include those of each of
its participants (subject, in each case, to the maximum amount that would have
been incurred by or attributable to the Primary Liquidity Provider directly if
the Primary Liquidity Provider, rather than the participant, had held the
interest participated).

               (b) If, pursuant to subsection (a) above, the Primary Liquidity
Provider sells any participation in this Agreement to any bank or other entity
(each, a "Transferee"), then, concurrently with the effectiveness of such
participation, the Transferee shall (i) represent to the Primary Liquidity
Provider (for the benefit of the Primary Liquidity Provider and the Borrower)
either (A) that it is incorporated under the laws of the United States or a
state thereof or (B) that under applicable law and treaties, no taxes will be
required to be withheld with respect to any payments to be made to such
Transferee in respect of this Agreement, (ii) furnish to the Primary Liquidity
Provider and the Borrower either (x) a statement that it is incorporated under
the laws of the United States or a state thereof or (y) if it is not so
incorporated, two copies of a properly completed United States Internal
Revenue Service Form W-8BEN or Form W-8ECI, as appropriate, or other
applicable form, certificate or document prescribed by the Internal Revenue

                                      24
<PAGE>

Service certifying, in each case, such Transferee's entitlement to a complete
exemption from United States federal withholding tax in respect to any and all
payments to be made hereunder, and (iii) agree (for the benefit of the Primary
Liquidity Provider and the Borrower) to provide the Primary Liquidity Provider
and the Borrower a new Form W-8BEN or Form W-8ECI, as appropriate, (A) on or
before the date that any such form expires or becomes obsolete or (B) after
the occurrence of any event requiring a change in the most recent form
previously delivered by it and prior to the immediately following due date of
any payment by the Borrower hereunder, certifying in the case of a Form W-8ECI
or Form W-8BEN that such Transferee is entitled to a complete exemption from
United States federal withholding tax on payments under this Agreement. Unless
the Borrower has received forms or other documents reasonably satisfactory to
it (and required by applicable law) indicating that payments hereunder are not
subject to United States federal withholding tax, the Borrower will withhold
taxes as required by law from such payments at the applicable statutory rate.

               (c) Notwithstanding the other provisions of this Section 7.08,
the Primary Liquidity Provider may assign and pledge all or any portion of the
Advances owing to it to any Federal Reserve Bank or the United States Treasury
as collateral security pursuant to Regulation A of the Board of Governors of
the Federal Reserve System and any Operating Circular issued by such Federal
Reserve Bank, provided that any payment in respect of such assigned Advances
made by the Borrower to the Primary Liquidity Provider in accordance with the
terms of this Agreement shall satisfy the Borrower's obligations hereunder in
respect of such assigned Advance to the extent of such payment. No such
assignment shall release the Primary Liquidity Provider from its obligations
hereunder.

               Section 7.09. Severability. Any provision of this Agreement
which is prohibited, unenforceable or not authorized in any jurisdiction
shall, as to such jurisdiction, be ineffective to the extent of such
prohibition, unenforceability or non-authorization without invalidating the
remaining provisions hereof or affecting the validity, enforceability or
legality of such provision in any other jurisdiction.

               Section 7.10. GOVERNING LAW. THIS AGREEMENT SHALL BE GOVERNED
BY, AND CONSTRUED IN ACCORDANCE WITH, THE LAW OF THE STATE OF NEW YORK.

               Section 7.11. Submission to Jurisdiction; Waiver of Jury Trial;
Waiver of Immunity. (a) Each of the parties hereto hereby irrevocably and
unconditionally:

                    (i) submits for itself and its property in any legal
               action or proceeding relating to this Agreement or any other
               Operative Agreement, or for recognition and enforcement of any
               judgment in respect hereof or thereof, to the nonexclusive
               general jurisdiction of the courts of the State of New York,
               the courts of the United States of America for the Southern
               District of New York, and the appellate courts from any
               thereof;

                    (ii) consents that any such action or proceeding may be
               brought in such courts, and waives any objection that it may
               now or hereafter have to the venue of any such action or
               proceeding in any such court or that such action or

                                      25
<PAGE>

               proceeding was brought in an inconvenient court and agrees not
               to plead or claim the same;

                    (iii) agrees that service of process in any such action or
               proceeding may be effected by mailing a copy thereof by
               registered or certified mail (or any substantially similar form
               and mail), postage prepaid, to each party hereto at its address
               set forth in Section 7.02 hereof, or at such other address of
               which the Primary Liquidity Provider shall have been notified
               pursuant thereto; and

                    (iv) agrees that nothing herein shall affect the right to
               effect service of process in any other manner permitted by law
               or shall limit the right to sue in any other jurisdiction.

               (b) THE BORROWER AND THE PRIMARY LIQUIDITY PROVIDER EACH HEREBY
AGREE TO WAIVE THEIR RESPECTIVE RIGHTS TO A JURY TRIAL OF ANY CLAIM OR CAUSE
OF ACTION BASED UPON OR ARISING OUT OF THIS AGREEMENT OR ANY DEALINGS BETWEEN
THEM RELATING TO THE SUBJECT MATTER OF THIS AGREEMENT AND THE RELATIONSHIP
THAT IS BEING ESTABLISHED, including, without limitation, contract claims,
tort claims, breach of duty claims and all other common law and statutory
claims. The Borrower and the Primary Liquidity Provider each warrant and
represent that it has reviewed this waiver with its legal counsel, and that it
knowingly and voluntarily waives its jury trial rights following consultation
with such legal counsel. THIS WAIVER IS IRREVOCABLE, AND CANNOT BE MODIFIED
EITHER ORALLY OR IN WRITING, AND THIS WAIVER SHALL APPLY TO ANY SUBSEQUENT
AMENDMENTS, RENEWALS, SUPPLEMENTS OR MODIFICATIONS TO THIS AGREEMENT.

               (c) The Primary Liquidity Provider hereby waives any immunity
it may have from the jurisdiction of the courts of the United States or of any
State and waives any immunity any of its properties located in the United
States may have from attachment or execution upon a judgment entered by any
such court under the United Sates Foreign Sovereign Immunities Act of 1976 or
any similar successor legislation.

               Section 7.12. Execution in Counterparts. This Agreement may be
executed in any number of counterparts and by different parties hereto on
separate counterparts, each of which counterparts, when so executed and
delivered, shall be deemed to be an original and all of which counterparts,
taken together, shall constitute but one and the same Agreement.

               Section 7.13. Entirety. This Agreement, the Intercreditor
Agreement and the other Operative Agreements to which the Primary Liquidity
Provider is a party constitute the entire agreement of the parties hereto with
respect to the subject matter hereof and supersedes all prior understandings
and agreements of such parties.

               Section 7.14. Headings. Section headings in this Agreement are
included herein for convenience of reference only and shall not constitute a
part of this Agreement for any other purpose.

                                      26
<PAGE>

               Section 7.15. PRIMARY LIQUIDITY PROVIDER'S OBLIGATION TO MAKE
ADVANCES. EXCEPT AS EXPRESSLY SET FORTH IN THIS AGREEMENT, THE OBLIGATIONS OF
THE PRIMARY LIQUIDITY PROVIDER TO MAKE ADVANCES HEREUNDER, AND THE BORROWER'S
RIGHTS TO DELIVER NOTICES OF BORROWING REQUESTING THE MAKING OF ADVANCES
HEREUNDER, SHALL BE UNCONDITIONAL AND IRREVOCABLE, AND SHALL BE PAID OR
PERFORMED, IN EACH CASE STRICTLY IN ACCORDANCE WITH THE TERMS OF THIS
AGREEMENT.

                                      27
<PAGE>

               IN WITNESS WHEREOF, the parties have caused this Agreement to
be duly executed and delivered by their respective officers thereunto duly
authorized as of the date first set forth above.

                                             STATE STREET BANK AND TRUST
                                               COMPANY, not in its individual
                                               capacity but solely as
                                               Subordination Agent, as agent
                                               and trustee for the Class G-2
                                               Trustee, as Borrower

                                             By: /s/ Kenneth R. Ring
                                                -------------------------------
                                                Name:  Kenneth R. Ring
                                                Title: Assistant Vice President

                                             WESTDEUTSCHE LANDESBANK
                                             GIROZENTRALE, NEW YORK BRANCH, as
                                             Primary Liquidity Provider

                                             By:
                                                -------------------------------
                                                Name:
                                                Title:

                                             By:
                                                -------------------------------
                                                Name:
                                                Title:

                                      28
<PAGE>

               IN WITNESS WHEREOF, the parties have caused this Agreement to
be duly executed and delivered by their respective officers thereunto duly
authorized as of the date first set forth above.

                                             STATE STREET BANK AND TRUST
                                               COMPANY, not in its individual
                                               capacity but solely as
                                               Subordination Agent, as agent
                                               and trustee for the Class G-2
                                               Trustee, as Borrower

                                             By:
                                                -------------------------------
                                                Name:
                                                Title:

                                             WESTDEUTSCHE LANDESBANK
                                             GIROZENTRALE, NEW YORK BRANCH, as
                                             Primary Liquidity Provider

                                             By: /s/ Brigitte Thieme
                                                -------------------------------
                                                Name:  Brigitte Thieme
                                                Title:  Managing Director

                                             By: /s/ Alfred Heynen
                                                -------------------------------
                                                Name:  Alfred Heynen
                                                Title:  Associate Director

                                      28
<PAGE>

                                                                     Annex I to
                                                     Revolving Credit Agreement

                     INTEREST ADVANCE NOTICE OF BORROWING

               The undersigned, a duly authorized signatory of the undersigned
borrower (the "Borrower"), hereby certifies to Westdeutsche Landesbank
Girozentrale, New York Branch (the "Primary Liquidity Provider"), with
reference to the Revolving Credit Agreement (2002-1G-2) dated as of August 5,
2002, between the Borrower and the Primary Liquidity Provider (the "Liquidity
Agreement"; the terms defined therein and not otherwise defined herein being
used herein as therein defined or referenced), that:

                    (1) The Borrower is the Subordination Agent under the
               Intercreditor Agreement.

                    (2) The Borrower is delivering this Notice of Borrowing
               for the making of an Interest Advance by the Primary Liquidity
               Provider to be used, subject to clause (3)(v) below, for the
               payment of the interest on the Class G-2 Certificates which was
               payable on ____________, ____ (the "Distribution Date") in
               accordance with the terms and provisions of the Class G-2 Trust
               Agreement and the Class G-2 Certificates, which Advance is
               requested to be made on ____________, ____. The Interest
               Advance should be transferred to [name of bank/wire
               instructions/ABA number] in favor of account number [____],
               reference [____].

                    (3) The amount of the Interest Advance requested hereby
               (i) is $_________________, to be applied in respect of the
               payment of the interest which was due and payable on the Class
               G-2 Certificates on the Distribution Date, (ii) does not
               include any amount with respect to the payment of principal of,
               or Break Amount (if any), Prepayment Premium (if any) or any
               other premium (if any) on, the Class G-1 Certificates, the
               Class G-2 Certificates, the Class C-1 Certificates or the Class
               C-1 Certificates, or interest on the Class G-1 Certificates,
               Class C-1 Certificates, the Class C-2 Certificates or the Class
               D Certificates, if any, (iii) was computed in accordance with
               the provisions of the Certificates, the Class G-2 Trust
               Agreement and the Intercreditor Agreement (a copy of which
               computation is attached hereto as Schedule I), (iv) does not
               exceed the Maximum Available Commitment on the date hereof, (v)
               does not include any amount of interest which was due and
               payable on the Class G-2 Certificates on such Distribution Date
               but which remains unpaid due to the failure of the Depositary
               to pay any amount of accrued interest on the Deposits on such
               Distribution Date and (vi) has not been and is not the subject
               of a prior or contemporaneous Notice of Borrowing.

                    (4) Upon receipt by or on behalf of the Borrower of the
               amount requested hereby, (a) the Borrower will apply the same
               in accordance with the terms of Section 3.6(b) of the
               Intercreditor Agreement, (b) no portion of such

                                     I-1
<PAGE>

               amount shall be applied by the Borrower for any other purpose
               and (c) no portion of such amount until so applied shall be
               commingled with other funds held by the Borrower.

               The Borrower hereby acknowledges that, pursuant to the
Liquidity Agreement, the making of the Interest Advance as requested by this
Notice of Borrowing shall automatically reduce, subject to reinstatement in
accordance with the terms of the Liquidity Agreement, the Maximum Available
Commitment by an amount equal to the amount of the Interest Advance requested
to be made hereby as set forth in clause (i) of paragraph (3) of this Notice
of Borrowing and such reduction shall automatically result in corresponding
reductions in the amounts available to be borrowed pursuant to a subsequent
Advance.

               IN WITNESS WHEREOF, the Borrower has executed and delivered
this Notice of Borrowing as of the ____ day of _________, ____.

                                             STATE STREET BANK AND TRUST
                                               COMPANY, not in its individual
                                               capacity but solely as
                                               Subordination Agent, as Borrower

                                             By:_______________________________
                                                Name:
                                                Title:

                                     I-2
<PAGE>

              SCHEDULE I TO INTEREST ADVANCE NOTICE OF BORROWING

                [Insert Copy of Computations in accordance with
                     Interest Advance Notice of Borrowing]

                                     I-3
<PAGE>

                                                                    Annex II to
                                                     Revolving Credit Agreement

                   NON-EXTENSION ADVANCE NOTICE OF BORROWING

               The undersigned, a duly authorized signatory of the undersigned
subordination agent (the "Borrower"), hereby certifies to Westdeutsche
Landesbank Girozentrale, New York Branch (the "Primary Liquidity Provider"),
with reference to the Revolving Credit Agreement (2002-1G-2) dated as of
August 5, 2002, between the Borrower and the Primary Liquidity Provider (the
"Liquidity Agreement"; the terms defined therein and not otherwise defined
herein being used herein as therein defined or referenced), that:

                    (1) The Borrower is the Subordination Agent under the
               Intercreditor Agreement.

                    (2) The Borrower is delivering this Notice of Borrowing
               for the making of the Non-Extension Advance by the Primary
               Liquidity Provider to be used for the funding of the Class G-2
               Primary Cash Collateral Account in accordance with Section
               3.6(d) of the Intercreditor Agreement, which Advance is
               requested to be made on __________, ____. The Non-Extension
               Advance should be transferred to [name of bank/wire
               instructions/ABA number] in favor of account number [___],
               reference [___].

                    (3) The amount of the Non-Extension Advance requested
               hereby (i) is $_________________, which equals the Maximum
               Available Commitment on the date hereof and is to be applied in
               respect of the funding of the Class G-2 Primary Cash Collateral
               Account in accordance with Section 3.6(d) of the Intercreditor
               Agreement, (ii) does not include any amount with respect to the
               payment of the principal of, or Break Amount (if any),
               Prepayment Premium (if any) or any other premium (if any) on,
               the Class G-2 Certificates, or principal of, or interest or
               Break Amount (if any), Prepayment Premium (if any) or any other
               premium (if any) on, the Class G-1 Certificates, the Class C-1
               Certificates, the Class C-2 Certificates or the Class D
               Certificates, if any, (iii) was computed in accordance with the
               provisions of the Class G-2 Certificates, the Class G-2 Trust
               Agreement and the Intercreditor Agreement (a copy of which
               computation is attached hereto as Schedule I), and (iv) has not
               been and is not the subject of a prior or contemporaneous
               Notice of Borrowing under the Liquidity Agreement.

                    (4) Upon receipt by or on behalf of the Borrower of the
               amount requested hereby, (a) the Borrower will deposit such
               amount in the Class G-2 Primary Cash Collateral Account and
               apply the same in accordance with the terms of Section 3.6(d)
               of the Intercreditor Agreement, (b) no portion of such amount
               shall be applied by the Borrower for any other purpose and (c)
               no portion of such amount until so applied shall be commingled
               with other funds held by the Borrower.

                                     II-1
<PAGE>

               The Borrower hereby acknowledges that, pursuant to the
          Liquidity Agreement, (A) the making of the Non-Extension Advance as
          requested by this Notice of Borrowing shall automatically and
          irrevocably terminate the obligation of the Primary Liquidity
          Provider to make further Advances under the Liquidity Agreement; and
          (B) following the making by the Primary Liquidity Provider of the
          Non-Extension Advance requested by this Notice of Borrowing, the
          Borrower shall not be entitled to request any further Advances under
          the Liquidity Agreement.

               IN WITNESS WHEREOF, the Borrower has executed and delivered
this Notice of Borrowing as of the ____ day of _________, ____.

                                             STATE STREET BANK AND TRUST
                                               COMPANY, not in its individual
                                               capacity but solely as
                                               Subordination Agent, as
                                               Borrower

                                             By:_______________________________
                                                Name:
                                                Title:

                                     II-2
<PAGE>

            SCHEDULE I TO NON-EXTENSION ADVANCE NOTICE OF BORROWING

                [Insert Copy of computations in accordance with
                  Non-Extension Advance Notice of Borrowing]

                                     II-3
<PAGE>

                                                                   Annex III to
                                                     Revolving Credit Agreement

                     DOWNGRADE ADVANCE NOTICE OF BORROWING

               The undersigned, a duly authorized signatory of the undersigned
subordination agent (the "Borrower"), hereby certifies to Westdeutsche
Landesbank Girozentrale, New York Branch (the "Primary Liquidity Provider"),
with reference to the Revolving Credit Agreement (2002-1G-2) dated as of
August 5, 2002, between the Borrower and the Primary Liquidity Provider (the
"Liquidity Agreement"; the terms defined therein and not otherwise defined
herein being used herein as therein defined or referenced), that:

                    (1) The Borrower is the Subordination Agent under the
               Intercreditor Agreement.

                    (2) The Borrower is delivering this Notice of Borrowing
               for the making of the Downgrade Advance by the Primary
               Liquidity Provider to be used for the funding of the Class G-2
               Primary Cash Collateral Account in accordance with Section
               3.6(c) of the Intercreditor Agreement by reason of the
               downgrading of the short-term unsecured debt rating of the
               Primary Liquidity Provider issued by either Rating Agency below
               the Threshold Rating, which Advance is requested to be made on
               __________, ____. The Downgrade Advance should be transferred
               to [name of bank/wire instructions/ABA number] in favor of
               account number [___], reference [____].

                    (3) The amount of the Downgrade Advance requested hereby
               (i) is $_______________.__, which equals the Maximum Available
               Commitment on the date hereof and is to be applied in respect
               of the funding of the Class G-2 Primary Cash Collateral Account
               in accordance with Section 3.6(c) of the Intercreditor
               Agreement, (ii) does not include any amount with respect to the
               payment of the principal of, or Break Amount (if any), or
               Prepayment Premium (if any) or any premium on, the Class G-2
               Certificates, or principal of or interest or Break Amount (if
               any), or Prepayment Premium (if any) or any premium on, the
               Class G-1 Certificates, the Class C-1 Certificates, the Class
               C-2 Certificates, or the Class D Certificates, (iii) was
               computed in accordance with the provisions of the Class G-2
               Certificates, the Class G-2 Trust Agreement and the
               Intercreditor Agreement (a copy of which computation is
               attached hereto as Schedule I), and (iv) has not been and is
               not the subject of a prior or contemporaneous Notice of
               Borrowing under the Liquidity Agreement.

                    (4) Upon receipt by or on behalf of the Borrower of the
               amount requested hereby, (a) the Borrower will deposit such
               amount in the Class G-2 Primary Cash Collateral Account and
               apply the same in accordance with the terms of Section 3.6(c)
               of the Intercreditor Agreement, (b) no portion of such amount
               shall be applied by the Borrower for any other purpose and (c)
               no portion of such amount until so applied shall be commingled
               with other funds held by the Borrower.

                                    III-1
<PAGE>

               The Borrower hereby acknowledges that, pursuant to the
Liquidity Agreement, (A) the making of the Downgrade Advance as requested by
this Notice of Borrowing shall automatically and irrevocably terminate the
obligation of the Primary Liquidity Provider to make further Advances under
the Liquidity Agreement; and (B) following the making by the Primary Liquidity
Provider of the Downgrade Advance requested by this Notice of Borrowing, the
Borrower shall not be entitled to request any further Advances under the
Liquidity Agreement.

               IN WITNESS WHEREOF, the Borrower has executed and delivered
this Notice of Borrowing as of the ____ day of _________, ____.

                                             STATE STREET BANK AND TRUST
                                               COMPANY, not in its individual
                                               capacity but solely as
                                               Subordination Agent, as
                                               Borrower

                                             By:_______________________________
                                                Name:
                                                Title:

                                    III-2
<PAGE>

              SCHEDULE I TO DOWNGRADE ADVANCE NOTICE OF BORROWING

                [Insert Copy of computations in accordance with
                    Downgrade Advance Notice of Borrowing]

                                    III-3
<PAGE>

                                                                    Annex IV to
                                                     Revolving Credit Agreement

                       FINAL ADVANCE NOTICE OF BORROWING

               The undersigned, a duly authorized signatory of the undersigned
borrower (the "Borrower"), hereby certifies to Westdeutsche Landesbank
Girozentrale, New York Branch (the "Primary Liquidity Provider"), with
reference to the Revolving Credit Agreement (2002-1G-2) dated as of August 5,
2002, between the Borrower and the Primary Liquidity Provider (the "Liquidity
Agreement"; the terms defined therein and not otherwise defined herein being
used herein as therein defined or referenced), that:

                    (1) The Borrower is the Subordination Agent under the
               Intercreditor Agreement.

                    (2) The Borrower is delivering this Notice of Borrowing
               for the making of the Final Advance by the Primary Liquidity
               Provider to be used for the funding of the Class G-2 Primary
               Cash Collateral Account in accordance with Section 3.6(i) of
               the Intercreditor Agreement by reason of the receipt by the
               Borrower of a Termination Notice from the Primary Liquidity
               Provider with respect to the Liquidity Agreement, which Advance
               is requested to be made on ____________, ____. The Final
               Advance should be transferred to [name of bank/wire
               instructions/ABA number] in favor of account number [___],
               reference [____].

                    (3) The amount of the Final Advance requested hereby (i)
               is $_________________.__, which equals the Maximum Available
               Commitment on the date hereof and is to be applied in respect
               of the funding of the Class G-2 Primary Cash Collateral Account
               in accordance with Section 3.6(i) of the Intercreditor
               Agreement, (ii) does not include any amount with respect to the
               payment of principal of, or Break Amount (if any), Prepayment
               Premium (if any) or any other premium (if any) on, the Class
               G-2 Certificates, or principal of, or interest or Break Amount
               (if any), Prepayment Premium (if any) or any other premium (if
               any) on, the Class G-1 Certificates, the Class C-1
               Certificates, the Class C-2 Certificates, or the Class D
               Certificates, (iii) was computed in accordance with the
               provisions of the Class G-2 Certificates, the Class G-2 Trust
               Agreement and the Intercreditor Agreement (a copy of which
               computation is attached hereto as Schedule I), and (iv) has not
               been and is not the subject of a prior or contemporaneous
               Notice of Borrowing.

                    (4) Upon receipt by or on behalf of the Borrower of the
               amount requested hereby, (a) the Borrower will deposit such
               amount in the Class G-2 Primary Cash Collateral Account and
               apply the same in accordance with the terms of Section 3.6(i)
               of the Intercreditor Agreement, (b) no portion of such amount
               shall be applied by the Borrower for any other purpose and (c)
               no portion of such amount until so applied shall be commingled
               with other funds held by the Borrower.

                                     IV-1
<PAGE>

                    (5) The Borrower hereby requests that the Advance
               requested hereby be a Base Rate Advance [and that such Base
               Rate Advance be converted into a LIBOR Advance on the third
               Business Day following your receipt of this notice]1.

               The Borrower hereby acknowledges that, pursuant to the
Liquidity Agreement, (A) the making of the Final Advance as requested by this
Notice of Borrowing shall automatically and irrevocably terminate the
obligation of the Primary Liquidity Provider to make further Advances under
the Liquidity Agreement; and (B) following the making by the Primary Liquidity
Provider of the Final Advance requested by this Notice of Borrowing, the
Borrower shall not be entitled to request any further Advances under the
Liquidity Agreement.

               IN WITNESS WHEREOF, the Borrower has executed and delivered
this Notice of Borrowing as of the ____ day of _________, ____.

                                             STATE STREET BANK AND TRUST
                                               COMPANY, not in its individual
                                               capacity but solely as
                                               Subordination Agent, as
                                               Borrower

                                             By:_______________________________
                                                Name:
                                                Title:

--------
1  Bracketed language may be included at Borrower's option.

                                     IV-2
<PAGE>

                SCHEDULE I TO FINAL ADVANCE NOTICE OF BORROWING

                [Insert Copy of Computations in accordance with
                      Final Advance Notice of Borrowing]

                                     IV-3
<PAGE>

                                                                     Annex V to
                                                     Revolving Credit Agreement

                             NOTICE OF TERMINATION

                                                  [Date]

State Street Bank and Trust Company,
 as Subordination Agent, as Borrower
2 Avenue de Lafayette
Boston, MA 02111

Attention:  Corporate Trust Administration

          Revolving Credit Agreement (2002-1G-2) dated as of August 5, 2002,
          between STATE STREET BANK AND TRUST COMPANY, as Subordination Agent,
          as Borrower, and WESTDEUTSCHE LANDESBANK GIROZENTRALE, NEW YORK
          BRANCH (the "Liquidity Agreement")

Ladies and Gentlemen:

               You are hereby notified that pursuant to Section 6.01 of the
Liquidity Agreement, by reason of the occurrence of a Liquidity Event of
Default and the existence of a Performing Note Deficiency (each as defined
therein), we are giving this notice to you in order to cause (i) our
obligations to make Advances (as defined therein) under such Liquidity
Agreement to terminate on the fifth Business Day after the date on which you
receive this notice and (ii) you to request a Final Advance under the
Liquidity Agreement pursuant to Section 3.6(i) of the Intercreditor Agreement
(as defined in the Liquidity Agreement) as a consequence of your receipt of
this notice.

                                     V-1
<PAGE>

               THIS NOTICE IS THE "NOTICE OF TERMINATION" PROVIDED FOR UNDER
THE LIQUIDITY AGREEMENT. OUR OBLIGATIONS TO MAKE ADVANCES UNDER THE LIQUIDITY
AGREEMENT WILL TERMINATE ON THE FIFTH BUSINESS DAY AFTER THE DATE ON WHICH YOU
RECEIVE THIS NOTICE.

                                             Very truly yours,

                                             WESTDEUTSCHE LANDESBANK
                                             GIROZENTRALE, NEW YORK BRANCH, as
                                             Primary Liquidity Provider

                                             By:_______________________________
                                                Name:
                                                Title:

                                             By:_______________________________
                                                Name:
                                                Title:

cc:  State Street Bank and Trust Company of
     Connecticut, National Association,
      as Class G-2 Trustee

                                     V-2
<PAGE>

                                                                    Annex VI to
                                                     Revolving Credit Agreement

                   NOTICE OF REPLACEMENT SUBORDINATION AGENT

[Date]

Attention:

          Revolving Credit Agreement (2002-1G-2) dated as of August 5, 2002,
          between State Street Bank and Trust Company, as Subordination Agent,
          as Borrower, and Westdeutsche Landesbank Girozentrale (the
          "Liquidity Agreement")

Ladies and Gentlemen:

               For value received, the undersigned beneficiary hereby
irrevocably transfers to:

                        ------------------------------

                             [Name of Transferee]

                        ------------------------------

                            [Address of Transferee]

all rights and obligations of the undersigned as Borrower under the Liquidity
Agreement referred to above. The transferee has succeeded the undersigned as
Subordination Agent under the Intercreditor Agreement referred to in the first
paragraph of the Liquidity Agreement, pursuant to the terms of Section 8.1 of
the Intercreditor Agreement.

               By this transfer, all rights of the undersigned as Borrower
under the Liquidity Agreement are transferred to the transferee and the
transferee shall hereafter have the sole rights and obligations as Borrower
thereunder. The undersigned shall pay any costs and expenses of such transfer,
including, but not limited to, transfer taxes or governmental charges.

                                     VI-1
<PAGE>

               We ask that this transfer be effective as of _______________,
____.

                                             STATE STREET BANK AND TRUST
                                               COMPANY, not in its individual
                                               capacity but solely as
                                               Subordination Agent, as
                                               Borrower

                                             By:_______________________________
                                                Name:
                                                Title:

                                     VI-2Exhibit 4(c)(3)
                                                                EXECUTION COPY

-------------------------------------------------------------------------------

                          REVOLVING CREDIT AGREEMENT
                                 (2002-1 C-1)

                          Dated as of August 5, 2002

                                    between

                      STATE STREET BANK AND TRUST COMPANY

                            as Subordination Agent,

                                  as Borrower

                                      and

            WESTDEUTSCHE LANDESBANK GIROZENTRALE, NEW YORK BRANCH.

                         as Primary Liquidity Provider

-------------------------------------------------------------------------------

                                  Relating to

                Northwest Airlines Pass Through Trust 2002-1C-1
                 Northwest Airlines Pass Through Certificates,
                               Series 2002-1 C-1

<PAGE>

                               TABLE OF CONTENTS

                                                                          Page

ARTICLE I DEFINITIONS 1

     Section 1.01.  Certain Defined Terms.....................................1

ARTICLE II AMOUNT AND TERMS OF THE COMMITMENT.................................1

     Section 2.01.  The Advances..............................................7

     Section 2.02.  Making the Advances.......................................7

     Section 2.03.  Fees......................................................7

     Section 2.04.  Reduction or Termination of the Maximum Commitment........9

     Section 2.05.  Repayments of Interest Advances or the Final Advance......9

     Section 2.06.  Repayments of Provider Advances..........................10

     Section 2.07.  Payments to the Primary Liquidity Provider Under the
                    Intercreditor Agreement..................................11

     Section 2.08.  Book Entries.............................................11

     Section 2.09.  Payments from Available Funds Only.......................11

     Section 2.10.  Extension of the Expiry Date; Non-Extension Advance......12

     Section 2.11.  Right to Further Extend Expiry Date......................12

ARTICLE III OBLIGATIONS OF THE BORROWER......................................13

     Section 3.01.  Increased Costs..........................................13

     Section 3.02.  Capital Adequacy.........................................13

     Section 3.03.  Payments Free of Deductions..............................14

     Section 3.04.  Payments.................................................15

     Section 3.05.  Computations.............................................15

     Section 3.06.  Payment on Non-Business Days.............................15

     Section 3.07.  Interest ................................................16

     Section 3.08.  Replacement of Borrower..................................17

     Section 3.09.  Funding Loss Indemnification.............................17

     Section 3.10.  Illegality...............................................17

                                      i
<PAGE>

                                                                           Page

ARTICLE IV CONDITIONS PRECEDENT..............................................18

     Section 4.01.  Conditions Precedent to Effectiveness of Section 2.01....18

     Section 4.02.  Conditions Precedent to Borrowing........................19

ARTICLE V COVENANTS..........................................................20

     Section 5.01.  Affirmative Covenants of the Borrower....................20

     Section 5.02.  Negative Covenants of the Borrower.......................20

ARTICLE VI LIQUIDITY EVENTS OF DEFAULT.......................................20

     Section 6.01.  Liquidity Events of Default..............................20

ARTICLE VII MISCELLANEOUS....................................................21

     Section 7.01.  Amendments, Etc..........................................21

     Section 7.02.  Notices, Etc.............................................21

     Section 7.03.  No Waiver; Remedies......................................22

     Section 7.04.  Further Assurances.......................................22

     Section 7.05.  Indemnification; Survival of Certain Provisions..........22

     Section 7.06.  Liability of the Primary Liquidity Provider..............23

     Section 7.07.  Costs, Expenses and Taxes................................23

     Section 7.08.  Binding Effect; Participations...........................24

     Section 7.09.  Severability.............................................25

     Section 7.10.  GOVERNING LAW............................................25

     Section 7.11.  Submission to Jurisdiction; Waiver of Jury Trial;
                    Waiver of Immunity.......................................25

     Section 7.12.  Execution in Counterparts................................26

     Section 7.13.  Entirety.................................................26

     Section 7.14.  Headings.................................................26

     Section 7.15.  PRIMARY LIQUIDITY PROVIDER'S OBLIGATION TO
                    MAKE ADVANCES............................................26

                                      ii
<PAGE>

ANNEXES

ANNEX I   Interest Advance Notice of Borrowing
ANNEX II   Non-Extension Advance Notice of Borrowing
ANNEX III  Downgrade Advance Notice of Borrowing
ANNEX IV   Final Advance Notice of Borrowing
ANNEX V    Notice of Termination
ANNEX VI   Notice of Replacement Subordination Agent

                                     iii
<PAGE>

                    REVOLVING CREDIT AGREEMENT (2002-1 C-1)

          This REVOLVING CREDIT AGREEMENT (2002-1 C-1) dated as of August 5,
2002, between STATE STREET BANK AND TRUST COMPANY, a Massachusetts trust
company, not in its individual capacity but solely as Subordination Agent
under the Intercreditor Agreement (each as defined below), (the "Borrower"),
and WESTDEUTSCHE LANDESBANK GIROZENTRALE, a German banking institution
organized under the laws of the State of North Rhine - Westphalia ("WestLB"),
acting through its New York Branch, (the "Primary Liquidity Provider").

                             W I T N E S S E T H:
                              - - - - - - - - - -

          WHEREAS, pursuant to the Class C-1 Trust Agreement (such term and
all other capitalized terms used in these recitals having the meanings set
forth or referred to in Section 1.01), the Class C-1 Trust is issuing the
Class C-1 Certificates; and

          WHEREAS, the Borrower, in order to support the timely payment of a
portion of the interest on the Class C-1 Certificates in accordance with their
terms, has requested the Primary Liquidity Provider to enter into this
Agreement, providing in part for the Borrower to request in specified
circumstances that Advances be made hereunder.

          NOW, THEREFORE, in consideration of the premises, the parties hereto
agree as follows:

                                  ARTICLE I

                                 DEFINITIONS

          Section 1.01. Certain Defined Terms. (a) Definitions. As used in
this Agreement and unless otherwise expressly indicated, or unless the context
clearly requires otherwise, the following capitalized terms shall have the
following respective meanings for all purposes of this Agreement:

          "Advance" means an Interest Advance, a Final Advance, a Provider
     Advance, an Applied Provider Advance or an Unpaid Advance, as the case
     may be.

          "Applicable Liquidity Rate" has the meaning assigned to such term in
     Section 3.07(g).

          "Applicable Margin" means (a) with respect to any Unpaid Advance or
     Applied Provider Advance, 2.50% per annum, or (b) with respect to any
     Unapplied Provider Advance, the rate per annum specified in the Fee
     Letter applicable to this Agreement.

          "Applied Downgrade Advance" has the meaning assigned to such term in
     Section 2.06(a).

          "Applied Non-Extension Advance" has the meaning assigned to such
     term in Section 2.06(a).

<PAGE>

          "Applied Provider Advance" has the meaning assigned to such term in
     Section 2.06(a).

          "Base Rate" means a fluctuating interest rate per annum in effect
     from time to time, which rate per annum is at all times equal to (a) the
     weighted average of the rates on overnight Federal funds transactions
     with members of the Federal Reserve System arranged by Federal funds
     brokers, as published for such day (or, if such day is not a Business
     Day, for the next preceding Business Day) by the Federal Reserve Bank of
     New York, or if such rate is not so published for any day that is a
     Business Day, the average of the quotations for such day for such
     transactions received by the Primary Liquidity Provider from three
     Federal funds brokers of recognized standing selected by the Primary
     Liquidity Provider, plus (b) one quarter of one percent (0.25%) per
     annum.

          "Base Rate Advance" means an Advance that bears interest at a rate
     based upon the Base Rate.

          "Borrower" has the meaning assigned to such term in the recital of
     parties to this Agreement.

          "Borrowing" means the making of Advances requested by delivery of a
     Notice of Borrowing.

          "Business Day" means any day other than a Saturday or Sunday or a
     day on which commercial banks are required or authorized to close in New
     York, New York, Minneapolis, Minnesota, Boston, Massachusetts and Salt
     Lake City, Utah, or, so long as any Class C-1 Certificate is outstanding,
     the city and state in which the Class C-1 Trustee, the Borrower or any
     Loan Trustee maintains its Corporate Trust Office or receives or
     disburses funds, and, if the applicable Business Day relates to any
     Advance or other amount bearing interest based on the LIBOR Rate, on
     which dealings are carried on in the London interbank market.

          "Consent Notice" has the meaning assigned to such term in Section
     2.10.

          "Consent Period" has the meaning assigned to such term in Section
     2.10.

          "Delivery Period" means the period from the date hereof through
     March 31, 2004.

          "Deposit Agreement" means the Deposit Agreement, dated August 5,
     2002, between Wells Fargo Bank Northwest, National Association, as Escrow
     Agent and Credit Suisse First Boston, New York Branch, as Depositary,
     pertaining to the Class C-1 Certificates, as the same may be amended,
     modified or supplemented from time to time in accordance with the terms
     thereof.

          "Depositary" has the meaning assigned to such term in the Deposit
     Agreement.

          "Deposits" has the meaning assigned to such terms in the Deposit
     Agreement.

          "Downgrade Advance" means an Advance made pursuant to Section
     2.02(c).

                                      2
<PAGE>

          "Downgrade Event" means a downgrading of the Primary Liquidity
     Provider's short-term rating issued by any Rating Agency below the
     applicable Threshold Rating unless each Rating Agency shall have
     confirmed in writing on or prior to the date of such downgrading that
     such downgrading will not result in the downgrading, withdrawal or
     suspension of the ratings of the Class C-1 Certificates, in which case,
     such downgrading of the Primary Liquidity Provider's short-term rating
     shall not constitute a Downgrade Event.

          "Effective Date" has the meaning specified in Section 4.01. The
     delivery of the certificate of the Primary Liquidity Provider
     contemplated by Section 4.01(e) shall be conclusive evidence that the
     Effective Date has occurred.

          "Excluded Taxes" means (i) Taxes imposed on the overall net income
     of the Primary Liquidity Provider and (ii) Excluded Withholding Taxes.

          "Excluded Withholding Taxes" means (i) withholding Taxes imposed by
     the United States except to the extent that such United States
     withholding Taxes are imposed as a result of any change in applicable law
     (excluding from "change in applicable law" for this purpose, a change in
     an applicable treaty or other change in law affecting the applicability
     of a treaty) after the date hereof, or in the case of a successor Primary
     Liquidity Provider (including a transferee of an Advance) or Lending
     Office, after the date on which such successor Primary Liquidity Provider
     obtains its interest or on which the Lending Office is changed, and (ii)
     any withholding Taxes imposed by the United States which are imposed or
     increased as a result of the Primary Liquidity Provider failing to
     deliver to the Borrower any certificate or document (which certificate or
     document in the good faith judgment of the Primary Liquidity Provider it
     is legally entitled to provide) to establish that payments under this
     Agreement are exempt from (or entitled to a reduced rate of) withholding
     Tax.

          "Expenses" means liabilities, obligations, damages, settlements,
     penalties, claims, actions, suits, costs, expenses, and disbursements
     (including, without limitation, reasonable fees and disbursements of
     legal counsel and costs of investigation), provided that Expenses shall
     not include any Taxes.

          "Expiry Date" means August 3, 2003, initially, or any date to which
     the Expiry Date is extended pursuant to Section 2.10.

          "Extension Notice" has the meaning assigned to such term in Section
     2.10.

          "Fee Letters" means, collectively, (i) the Fee Letter dated as of
     the date hereof between the Primary Liquidity Provider and the
     Subordination Agent with respect to the initial Class C-1 Primary
     Liquidity Facility and (ii) any fee letter entered into between the
     Subordination Agent and any Replacement Primary Liquidity Provider in
     respect of such Primary Liquidity Facility.

          "Final Advance" means an Advance made pursuant to Section 2.02(d).

                                      3
<PAGE>

          "Intercreditor Agreement" means the Intercreditor Agreement dated
     the date hereof, among the Trustees, the Primary Liquidity Provider, the
     liquidity provider under each Primary Liquidity Facility (other than this
     Agreement), the Above-Cap Liquidity Provider, the Policy Provider and the
     Subordination Agent, as the same may be amended, supplemented or
     otherwise modified from time to time in accordance with its terms.

          "Interest Advance" means an Advance made pursuant to Section
     2.02(a).

          "Interest Period" means, with respect to any LIBOR Advance, each of
     the following periods:

          (i)  the period beginning on the third Business Day following either
               (a) the Primary Liquidity Provider's receipt of the Notice of
               Borrowing for such LIBOR Advance or (b) the withdrawal of funds
               from the Class C-1 Primary Cash Collateral Account for the
               purpose of paying interest on the Class C-1 Certificates as
               contemplated by Section 2.06(a) hereof and, in either case,
               ending on the next Regular Distribution Date; and

          (ii) each subsequent period commencing on the last day of the
               immediately preceding Interest Period and ending on the next
               Regular Distribution Date;

     provided, however, that (I) if an Unapplied Provider Advance which is a
     LIBOR Advance becomes an Applied Provider Advance, the Interest Period
     then applicable to such Unapplied Provider Advance shall be applicable to
     such Applied Provider Advance and (II) if (x) the Final Advance shall
     have been made, or (y) other outstanding Advances shall have been
     converted into the Final Advance, then the Interest Periods shall be
     successive periods of one month beginning on the third Business Day
     following the Primary Liquidity Provider's receipt of the Notice of
     Borrowing for such Final Advance (in the case of clause (x) above) or the
     last day of the Interest Period then applicable to such outstanding
     Advances (in the case of clause (y) above).

          "Lending Office" means the office of the Primary Liquidity Provider
     presently located in New York, New York, or such other lending office as
     the Primary Liquidity Provider from time to time shall notify the
     Borrower as its lending office hereunder.

          "LIBOR Advance" means an Advance bearing interest at a rate based
     upon the LIBOR Rate.

          "LIBOR Rate" means, with respect to any Interest Period, (i) the
     rate per annum appearing on display page 3750 (British Bankers
     Association--LIBOR) of the Dow Jones Markets Service (or any successor or
     substitute therefor) at approximately 11:00 A.M. (London time) two
     Business Days before the first day of such Interest Period, as the rate
     for dollar deposits with a maturity comparable to such Interest Period,
     or (ii) if the rate calculated pursuant to clause (i) above is not
     available, the average (rounded upwards, if necessary, to the next 1/16
     of 1%) of the rates per annum at which deposits in dollars are offered
     for the relevant Interest Period by three banks of recognized standing
     selected by the Primary Liquidity Provider in the London interbank market
     at

                                      4
<PAGE>

     approximately 11:00 A.M. (London time) two Business Days before the first
     day of such Interest Period in an amount approximately equal to the
     principal amount of the LIBOR Advance to which such Interest Period is to
     apply and for a period comparable to such Interest Period.

          "Liquidity Event of Default" means the occurrence of the following:
     (i) all of the Equipment Notes shall have been either declared to be
     immediately due and payable or shall not have been paid at their final
     maturity; provided that, if an acceleration of the Equipment Notes occurs
     during the Delivery Period, a Liquidity Event of Default shall occur only
     if the aggregate principal amount of the Equipment Notes exceeds $300.0
     million, or (ii) a Northwest Bankruptcy Event.

          "Liquidity Indemnitee" means (i) the Primary Liquidity Provider,
     (ii) the directors, officers, employees and agents of the Primary
     Liquidity Provider, and (iii) the successors and permitted assigns of the
     persons described in clauses (i) and (ii), inclusive.

          "Maximum Available Commitment" shall mean, subject to the proviso
     contained in the third sentence of Section 2.02(a), at any time of
     determination, (a) the Maximum Commitment at such time less (b) the
     aggregate amount of each Interest Advance outstanding at such time;
     provided that following a Provider Advance or a Final Advance, the
     Maximum Available Commitment shall be zero.

          "Maximum Commitment" means (i) in the case of any day occurring
     before the first Regular Distribution Date, $12,405,555.56 and (ii) in
     the case of any day occurring on or after the first Regular Distribution
     Date, the Required Amount on such day.

          "Non-Excluded Tax" has the meaning specified in Section 3.03(a).

          "Non-Extension Advance" means an Advance made pursuant to Section
     2.02(b).

          "Notice of Borrowing" has the meaning specified in Section 2.02(e).

          "Notice of Replacement Subordination Agent" has the meaning
     specified in Section 3.08.

          "Performing Note Deficiency" means any time that less than 65% of
     the then aggregate outstanding principal amount of all Equipment Notes
     are Performing Equipment Notes.

          "Primary Liquidity Provider" has the meaning assigned to such term
     in the recital of parties to this Agreement.

          "Prospectus Supplement" means the Prospectus Supplement dated July
     29, 2002, relating to the Class G-1 Certificates, Class G-2 Certificates,
     the Class C-1 Certificates and the Class C-2 Certificates, as such
     Prospectus Supplement may be amended or supplemented.

          "Provider Advance" means a Downgrade Advance or a Non-Extension
     Advance.

                                      5
<PAGE>

          "Replenishment Amount" has the meaning assigned to such term in
     Section 2.06(b).

          "Required Amount" means, for any day, the sum of the aggregate
     amount of interest, calculated at the rate per annum equal to the Capped
     Interest Rate for the Class C-1 Certificates, that would be payable on
     the Class C-1 Certificates on each of the six successive Regular
     Distribution Dates immediately following such day or, if such day is a
     Regular Distribution Date, on such day and the succeeding five Regular
     Distribution Dates, in each case calculated on the basis of the Pool
     Balance of the Class C-1 Certificates on such day and without regard to
     expected future payments of principal on the Class C-1 Certificates.

          "Termination Date" means the earliest to occur of the following: (i)
     the Expiry Date; (ii) the date on which the Borrower delivers to the
     Primary Liquidity Provider a certificate, signed by a Responsible Officer
     of the Borrower, certifying that all of the Class C-1 Certificates have
     been paid in full (or provision has been made for such payment in
     accordance with the Intercreditor Agreement and the Trust Agreements) or
     are otherwise no longer entitled to the benefits of this Agreement; (iii)
     the date on which the Borrower delivers to the Primary Liquidity Provider
     a certificate, signed by a Responsible Officer of the Borrower,
     certifying that a Replacement Primary Liquidity Facility has been
     substituted for this Agreement in full pursuant to Section 3.6(e) of the
     Intercreditor Agreement; (iv) the fifth Business Day following the
     receipt by the Borrower of a Termination Notice from the Primary
     Liquidity Provider pursuant to Section 6.01 hereof; and (v) the date on
     which no Advance is or may (including by reason of reinstatement as
     herein provided) become available for a Borrowing hereunder.

          "Termination Notice" means the Notice of Termination substantially
     in the form of Annex V to this Agreement.

          "Transferee" has the meaning assigned to such term in Section
     7.08(b).

          "Unapplied Downgrade Advance" means any Downgrade Advance other than
     an Applied Downgrade Advance.

          "Unapplied Non-Extension Advance" means any Non-Extension Advance
     other than an Applied Non-Extension Advance.

          "Unapplied Provider Advance" means any Provider Advance other than
     an Applied Provider Advance.

          "Unpaid Advance" has the meaning assigned to such term in Section
     2.05.

          "Withdrawal Notice" has the meaning assigned to such term in Section
     2.10.

          (b) Terms Defined in the Intercreditor Agreement. For all purposes
of this Agreement, the following terms shall have the respective meanings
assigned to such terms in the Intercreditor Agreement:

                                      6
<PAGE>

     "Above-Cap Liquidity Provider", "Acceleration", "Affiliate", "Break
     Amount Certificates", "Capped Interest Rate", "Certificates", "Class C-1
     Certificateholders", "Class C-1 Certificates", "Class C-1 Primary Cash
     Collateral Account", "Class C-1 Trust", "Class C-1 Trust Agreement",
     "Class C-1 Trustee", "Class C-2 Certificates", "Class G-1 Certificates",
     "Class G-2 Certificates", "Class D Certificates", "Closing Date",
     "Controlling Party", "Corporate Trust Office", "Delivery Period Expiry
     Date", "Distribution Date", "Downgraded Facility", "Equipment Notes",
     "Final Legal Distribution Date", "Financing Agreement", "Fitch",
     "Indenture", "Interest Payment Date", "Investment Earnings", "Liquidity
     Obligations", "Loan Trustee", "Moody's", "Non-Extended Facility",
     "Northwest", "Northwest Bankruptcy Event", "Note Purchase Agreement",
     "Operative Agreements", "Performing Equipment Note", "Person", "Policy
     Provider", "Pool Balance", "Prepayment Premium", "Primary Liquidity
     Facility", "Rating Agency", "Ratings Confirmation", "Regular Distribution
     Date", "Replacement Primary Liquidity Facility", "Responsible Officer",
     "Scheduled Payment", "Series G-1 Equipment Note", "Special Payment",
     "Standard & Poor's", "Stated Interest Rate", "Subordination Agent",
     "Taxes", "Threshold Rating", "Trust Agreements", "Trustee",
     "Underwriters", "Underwriting Agreement" and "Written Notice".

                                  ARTICLE II

                      AMOUNT AND TERMS OF THE COMMITMENT

          Section 2.01. The Advances. The Primary Liquidity Provider hereby
irrevocably agrees, on the terms and conditions hereinafter set forth, to make
Advances to the Borrower from time to time on any Business Day during the
period from the Effective Date until 1:00 P.M. (New York City time) on the
Expiry Date (unless the obligations of the Primary Liquidity Provider shall be
earlier terminated in accordance with the terms of Section 2.04(b)) in an
aggregate amount at any time outstanding not to exceed the Maximum Commitment.

          Section 2.02. Making the Advances. (a) Interest Advances shall be
made in one or more Borrowings by delivery to the Primary Liquidity Provider
of one or more written and completed Notices of Borrowing in substantially the
form of Annex I attached hereto, signed by a Responsible Officer of the
Borrower, in an amount not exceeding the Maximum Available Commitment at such
time and shall be used solely for the payment when due of interest on the
Class C-1 Certificates at the Stated Interest Rate therefor in accordance with
Section 3.6(a) of the Intercreditor Agreement. Each Interest Advance made
hereunder shall automatically reduce or increase, as the case may be, the
Maximum Available Commitment and the amount available to be borrowed hereunder
by subsequent Advances by the amount of such Interest Advance (subject to
reinstatement as provided in the next sentence). Subject to the provisions of
Section 3.6(g) of the Intercreditor Agreement, upon repayment to the Primary
Liquidity Provider of the amount of any Interest Advance made pursuant to this
Section 2.02(a), together with accrued interest thereon (as provided herein),
the Maximum Available Commitment shall be reinstated by the amount of such
repaid Interest Advance, but not to exceed the Maximum Commitment; provided,
however, that the Maximum Available Commitment shall not be so reinstated at
any time if (i) a Liquidity Event of Default shall have occurred and be
continuing and (ii) there is a Performing Note Deficiency.

                                      7
<PAGE>

          (b) A Non-Extension Advance shall be made in a single Borrowing if
this Agreement is not renewed in accordance with Section 3.6(d) of the
Intercreditor Agreement (unless a Replacement Primary Liquidity Facility to
replace this Agreement shall have been delivered to the Borrower as
contemplated by said Section 3.6(d) within the time period specified in such
Section) by delivery to the Primary Liquidity Provider of a written and
completed Notice of Borrowing in substantially the form of Annex II attached
hereto, signed by a Responsible Officer of the Borrower, in an amount equal to
the Maximum Available Commitment at such time, and shall be used to fund the
Class C-1 Primary Cash Collateral Account in accordance with said Section
3.6(d) and Section 3.6(f) of the Intercreditor Agreement.

          (c) A Downgrade Advance shall be made in a single Borrowing upon the
occurrence of a Downgrade Event (as provided for in Section 3.6(c) of the
Intercreditor Agreement) unless a Replacement Primary Liquidity Facility to
replace this Agreement shall have been previously delivered to the Borrower in
accordance with said Section 3.6(c), by delivery to the Primary Liquidity
Provider of a written and completed Notice of Borrowing in substantially the
form of Annex III attached hereto, signed by a Responsible Officer of the
Borrower, in an amount equal to the Maximum Available Commitment at the time
of such borrowing, and shall be used to fund the Class C-1 Primary Cash
Collateral Account in accordance with said Section 3.6(c) and Section 3.6(f)
of the Intercreditor Agreement.

          (d) A Final Advance shall be made in a single Borrowing upon the
receipt by the Borrower of a Termination Notice from the Primary Liquidity
Provider pursuant to Section 6.01 hereof by delivery to the Primary Liquidity
Provider of a written and completed Notice of Borrowing in substantially the
form of Annex IV attached hereto, signed by a Responsible Officer of the
Borrower, in an amount equal to the Maximum Available Commitment at such time,
and shall be used to fund the Class C-1 Primary Cash Collateral Account in
accordance with Section 3.6(i) and Section 3.6(f) of the Intercreditor
Agreement.

          (e) Each Borrowing shall be made on notice in writing (a "Notice of
Borrowing") in substantially the form required by Section 2.02(a), 2.02(b),
2.02(c) or 2.02(d), as the case may be, given by the Borrower to the Primary
Liquidity Provider. If a Notice of Borrowing is delivered by the Borrower in
respect of any Borrowing no later than 1:00 p.m. (New York City time) on a
Business Day, upon satisfaction of the conditions precedent set forth in
Section 4.02 with respect to a requested Borrowing, the Primary Liquidity
Provider shall make available to the Borrower, in accordance with its payment
instructions, the amount of such Borrowing in U.S. dollars and immediately
available funds, before 4:00 p.m. (New York City time) on such Business Day or
on such later Business Day specified in such Notice of Borrowing. If a Notice
of Borrowing is delivered by the Borrower in respect of any Borrowing after
1:00 p.m. (New York City time) on a Business Day, upon satisfaction of the
conditions precedent set forth in Section 4.02 with respect to a requested
Borrowing, the Primary Liquidity Provider shall make available to the
Borrower, in accordance with its payment instructions, the amount of such
Borrowing in U.S. dollars and immediately available funds, before 12:00 Noon
(New York City time) on the first Business Day next following the day of
receipt of such Notice of Borrowing or on such later Business Day specified by
the Borrower in such Notice of Borrowing. Payments of proceeds of a Borrowing
shall be made by wire transfer of immediately available funds to the Borrower
in accordance with such wire transfer instructions as the

                                      8
<PAGE>

Borrower shall furnish from time to time to the Primary Liquidity Provider for
such purpose. Each Notice of Borrowing shall be irrevocable and binding on the
Borrower.

          (f) Upon the making of any Advance requested pursuant to a Notice of
Borrowing, in accordance with the Borrower's payment instructions, the Primary
Liquidity Provider shall be fully discharged of its obligation hereunder with
respect to such Notice of Borrowing, and the Primary Liquidity Provider shall
not thereafter be obligated to make any further Advances hereunder in respect
of such Notice of Borrowing to the Borrower or to any other Person. If the
Primary Liquidity Provider makes an Advance requested pursuant to a Notice of
Borrowing before 12:00 Noon (New York City time) on the second Business Day
after the date of payment specified in said Section 2.02(e), the Primary
Liquidity Provider shall have fully discharged its obligations hereunder with
respect to such Advance and an event of default shall not have occurred
hereunder. Following the making of any Advance pursuant to Section 2.02(b),
(c) or (d) hereof to fund the Class C-1 Primary Cash Collateral Account, the
Primary Liquidity Provider shall have no interest in or rights to the Class
C-1 Primary Cash Collateral Account, the funds constituting such Advance or
any other amounts from time to time on deposit in the Class C-1 Primary Cash
Collateral Account; provided that the foregoing shall not affect or impair the
obligations of the Subordination Agent to make the distributions contemplated
by Section 3.6(e) or (f) of the Intercreditor Agreement and provided further,
that the foregoing shall not affect or impair the rights of the Primary
Liquidity Provider to provide written instructions with respect to the
investment and reinvestment of amounts in the Cash Collateral Accounts to the
extent provided in Section 2.2(b) of the Intercreditor Agreement. By paying to
the Borrower proceeds of Advances requested by the Borrower in accordance with
the provisions of this Agreement, the Primary Liquidity Provider makes no
representation as to, and assumes no responsibility for, the correctness or
sufficiency for any purpose of the amount of the Advances so made and
requested.

          Section 2.03. Fees. The Borrower agrees to pay to the Primary
Liquidity Provider the fees set forth in the Fee Letter applicable to this
Agreement.

          Section 2.04. Reduction or Termination of the Maximum Commitment.

          (a) Reduction. Promptly following each date on which the Required
Amount is reduced as a result of a reduction in the Pool Balance of the Class
C-1 Certificates or otherwise, the Maximum Commitment shall automatically be
reduced to an amount equal to such reduced Required Amount (as calculated by
the Borrower). The Borrower shall give notice of any such automatic reduction
of the Maximum Commitment to the Primary Liquidity Provider within two
Business Days thereof. The failure by the Borrower to furnish any such notice
shall not affect such automatic adjustment of the Maximum Commitment.

          (b) Termination. Upon the making of any Provider Advance or Final
Advance hereunder or the occurrence of the Termination Date, the obligation of
the Primary Liquidity Provider to make further Advances hereunder shall
automatically and irrevocably terminate, and the Borrower shall not be
entitled to request any further Borrowing hereunder.

          Section 2.05. Repayments of Interest Advances or the Final Advance.
Subject to Sections 2.06, 2.07 and 2.09 hereof, the Borrower hereby agrees,
without notice of an Advance

                                      9
<PAGE>

or demand for repayment from the Primary Liquidity Provider (which notice and
demand are hereby waived by the Borrower), to pay, or to cause to be paid, to
the Primary Liquidity Provider on each date on which the Primary Liquidity
Provider shall make an Interest Advance or the Final Advance, an amount equal
to (a) the amount of such Advance (any such Advance, until repaid, is referred
to herein as an "Unpaid Advance"), plus (b) interest on the amount of each
such Unpaid Advance as provided in Section 3.07 hereof; provided that if (i)
the Primary Liquidity Provider shall make a Provider Advance at any time after
making one or more Interest Advances which shall not have been repaid in
accordance with this Section 2.05 or (ii) this Primary Liquidity Facility
shall become a Downgraded Facility or Non-Extended Facility at any time when
unreimbursed Interest Advances have reduced the Maximum Available Commitment
to zero, then such Interest Advances shall cease to constitute Unpaid Advances
and shall be deemed to have been changed into an Applied Downgrade Advance or
an Applied Non-Extension Advance, as the case may be, for all purposes of this
Agreement (including, without limitation, for the purpose of determining when
such Interest Advance is required to be repaid to the Primary Liquidity
Provider in accordance with Section 2.06 and for the purposes of Section
2.06(b)). The Borrower and the Primary Liquidity Provider agree that the
repayment in full of each Interest Advance and Final Advance on the date such
Advance is made is intended to be a contemporaneous exchange for new value
given to the Borrower by the Primary Liquidity Provider.

          Section 2.06. Repayments of Provider Advances. (a) Amounts advanced
hereunder in respect of a Provider Advance shall be deposited in the Class C-1
Primary Cash Collateral Account, invested and withdrawn from the Class C-1
Primary Cash Collateral Account as set forth in Sections 3.6(c), (d) and (f)
of the Intercreditor Agreement. The Borrower agrees to pay to the Primary
Liquidity Provider, on each Regular Distribution Date, commencing on the first
Regular Distribution Date after the making of a Provider Advance, interest on
the principal amount of any such Provider Advance as provided in Section 3.07;
provided, however, that amounts in respect of a Provider Advance withdrawn
from the Class C-1 Primary Cash Collateral Account for the purpose of paying
interest on the Class C-1 Primary Certificates in accordance with Section
3.6(f) of the Intercreditor Agreement (the amount of any such withdrawal being
(y) in the case of a Downgrade Advance, an "Applied Downgrade Advance" and (z)
in the case of a Non-Extension Advance, an "Applied Non-Extension Advance"
and, together with an Applied Downgrade Advance, an "Applied Provider
Advance") shall thereafter (subject to Section 2.06(b)) be treated as an
Interest Advance under this Agreement for purposes of determining the
Applicable Liquidity Rate for interest payable thereon; provided further,
however, that if, following the making of a Provider Advance, the Primary
Liquidity Provider delivers a Termination Notice to the Borrower pursuant to
Section 6.01 hereof, such Provider Advance shall thereafter be treated as a
Final Advance under this Agreement for purposes of determining the Applicable
Liquidity Rate for interest payable thereon. Subject to Sections 2.07 and 2.09
hereof, immediately upon the withdrawal of any amounts from the Class C-1
Primary Cash Collateral Account on account of a reduction in the Required
Amount, the Borrower shall repay to the Primary Liquidity Provider a portion
of the Provider Advances in a principal amount equal to such reduction, plus
interest on the principal amount prepaid as provided in Section 3.07 hereof.

          (b) At any time when an Applied Provider Advance (or any portion
thereof) is outstanding, upon the deposit in the Class C-1 Primary Cash
Collateral Account of any amount

                                      10
<PAGE>

pursuant to clause "third" of Section 2.4(b) of the Intercreditor Agreement,
clause "third" of Section 3.2 of the Intercreditor Agreement or clause
"fourth" of Section 3.3 of the Intercreditor Agreement (any such amount being
a "Replenishment Amount") for the purpose of replenishing or increasing the
balance thereof up to the Required Amount at such time, (i) the aggregate
outstanding principal amount of all Applied Provider Advances (and of Provider
Advances treated as an Interest Advance for purposes of determining the
Applicable Liquidity Rate for interest payable thereon) shall be automatically
reduced by the amount of such Replenishment Amount and (ii) the aggregate
outstanding principal amount of all Unapplied Provider Advances shall be
automatically increased by the amount of such Replenishment Amount.

          (c) Upon the provision of a Replacement Primary Liquidity Facility
in replacement of this Agreement in accordance with Section 3.6(e) of the
Intercreditor Agreement, amounts remaining on deposit in the Class C-1 Primary
Cash Collateral Account after giving effect to any Applied Provider Advance on
the date of such replacement shall be reimbursed to the Primary Liquidity
Provider, but only to the extent such amounts are necessary to repay in full
to the Primary Liquidity Provider all amounts owing to it hereunder.

          Section 2.07. Payments to the Primary Liquidity Provider Under the
Intercreditor Agreement. In order to provide for payment or repayment to the
Primary Liquidity Provider of any amounts hereunder, the Intercreditor
Agreement provides that amounts available and referred to in Articles II and
III of the Intercreditor Agreement, to the extent payable to the Primary
Liquidity Provider pursuant to the terms of the Intercreditor Agreement
(including, without limitation, Section 3.6(f) of the Intercreditor
Agreement), shall be paid to the Primary Liquidity Provider in accordance with
the terms thereof. Amounts so paid to the Primary Liquidity Provider shall be
applied by the Primary Liquidity Provider to Liquidity Obligations then due
and payable in accordance with the Intercreditor Agreement or, if not provided
for in the Intercreditor Agreement, then in such manner as the Primary
Liquidity Provider shall deem appropriate.

          Section 2.08. Book Entries. The Primary Liquidity Provider shall
maintain in accordance with its usual practice an account or accounts
evidencing the indebtedness of the Borrower resulting from Advances made from
time to time and the amounts of principal and interest payable hereunder and
paid from time to time in respect thereof; provided, however, that the failure
by the Primary Liquidity Provider to maintain such account or accounts shall
not affect the obligations of the Borrower in respect of Advances.

          Section 2.09. Payments from Available Funds Only. All payments to be
made by the Borrower under this Agreement shall be made only from the amounts
that constitute Scheduled Payments, Special Payments or payments under Section
7(c) of the Participation Agreements and Section 7 of the Note Purchase
Agreement and only to the extent that the Borrower shall have sufficient
income or proceeds therefrom to enable the Borrower to make payments in
accordance with the terms hereof after giving effect to the priority of
payments provisions set forth in the Intercreditor Agreement. The Primary
Liquidity Provider agrees that it will look solely to such amounts to the
extent available for distribution to it as provided in the Intercreditor
Agreement and this Agreement and that the Borrower, in its individual
capacity, is not personally liable to it for any amounts payable or liability
under this Agreement except as expressly provided in this Agreement, the
Intercreditor Agreement or any Participation

                                      11
<PAGE>

Agreement. Amounts on deposit in the Class C-1 Primary Cash Collateral Account
shall be available to the Borrower to make payments under this Agreement only
to the extent and for the purposes expressly contemplated in Section 3.6(f) of
the Intercreditor Agreement.

          Section 2.10. Extension of the Expiry Date; Non-Extension Advance.
The Borrower may, from time to time, by notice to the Primary Liquidity
Provider (each such notice being an "Extension Notice") given no later than
the 40th day and no earlier than the 60th day prior to the then applicable
Expiry Date, request that the Primary Liquidity Provider renew its obligations
hereunder for a period ending on a date (the "Renewal Date") that is the
earlier of (i) the date which is 15 days after the Final Legal Distribution
Date for the Class C-1 Certificates and (ii) the date that is the day
immediately preceding the 364th day occurring after the last day of the
Consent Period (as hereinafter defined). Whether or not the Primary Liquidity
Provider has received a request from the Borrower, such Primary Liquidity
Provider may, but shall not be obligated to, by a notice (a "Consent Notice")
to the Borrower, given during the period commencing on the date that is 60
days prior to the Expiry Date then in effect (or, if earlier, the date of such
Primary Liquidity Provider's receipt of such request, if any, from the
Borrower) and ending on the date that is 25 days prior to the Expiry Date then
in effect for such Primary Liquidity Facility (such period, with respect to
such Primary Liquidity Facility, the "Consent Period"), advise the Borrower
whether, in its sole discretion, it consents to such extension of its
obligations hereunder for the period ending on the Renewal Date, in which
event the Renewal Date shall become the Expiry Date, which consent may be
given or withheld by the Primary Liquidity Provider in its absolute and sole
discretion; provided, however, that such extension shall not be effective with
respect to the Primary Liquidity Provider if by a notice (a "Withdrawal
Notice") to the Borrower during the Consent Period the Primary Liquidity
Provider revokes its Consent Notice. If a Withdrawal Notice has been given
during the applicable Consent Period or if the Primary Liquidity Provider
fails irrevocably and unconditionally to advise the Borrower on or before the
date on which such Consent Period ends that it agrees to so extend its
obligations hereunder, (and, in each case, if the Primary Liquidity Provider
shall not have been replaced in accordance with Section 3.6(e) of the
Intercreditor Agreement), the Borrower shall be entitled on and after the date
on which the Consent Period ends (but prior to the then effective Expiry Date)
to request a Non-Extension Advance in accordance with Section 2.02(b) hereof
and Section 3.6(d) of the Intercreditor Agreement.

          Section 2.11. Right to Further Extend Expiry Date. Subject to the
proviso in the immediately succeeding sentence, the Primary Liquidity Provider
shall have the right at any time and without the consent of the Borrower to
extend the then effective Expiry Date up to the date that is 15 days after the
Final Legal Distribution Date for the Class C-1 Certificates by giving not
less than five nor more than ten days' prior written notice of such extension
to the Borrower, the Class C-1 Trustee and Northwest (which notice shall
specify the effective date of such extension (the "Extension Effective
Date")). On the Extension Effective Date, the then effective Expiry Date shall
be so extended without any further act; provided, however, that if prior to
the Extension Effective Date a Downgrade Event shall have occurred, the then
effective Expiry Date shall not be so extended.

                                      12
<PAGE>

                                 ARTICLE III

                          OBLIGATIONS OF THE BORROWER

          Section 3.01. Increased Costs. If the Primary Liquidity Provider
shall determine that (a) any change after the date hereof in any law,
regulation, rule or directive or in the interpretation thereof by any court or
administrative or governmental authority charged with the administration
thereof or in the compliance by the Primary Liquidity Provider (or its head
office) with any applicable direction, request or requirement (whether or not
having the force of law) of any central bank or competent governmental or
other authority shall either (i) impose, modify or deem applicable any
reserve, special deposit or similar requirement against assets held by, or
deposits in or for the account of, or loans made by, the Primary Liquidity
Provider, or (ii) impose on the Primary Liquidity Provider any other condition
regarding this Agreement or any Advance, or (iii) subject the Primary
Liquidity Provider to any Taxes with respect to amounts payable or paid or
change the basis of taxation of any amounts payable to the Primary Liquidity
Provider (other than Excluded Taxes) and (b) the result of any event referred
to in the preceding clauses (i), (ii) or (iii) shall be to increase the cost
to the Primary Liquidity Provider of issuing or maintaining its commitment or
funding or maintaining Advances (which increase in cost shall be determined by
the Primary Liquidity Provider's reasonable allocations of the aggregate of
such cost increases resulting from such event), then, upon demand by the
Primary Liquidity Provider ), the Borrower shall pay, or cause to be paid, to
the Primary Liquidity Provider, from time to time as specified by the Primary
Liquidity Provider, additional amounts which shall be sufficient to compensate
the Primary Liquidity Provider for such increased cost; provided that if such
demand for payment is made more than 180 days after a Responsible Officer of
the Primary Liquidity Provider obtains actual knowledge of any event referred
to in clause (i), (ii) or (iii) above period, the Borrower shall be obligated
to pay such additional amounts only with respect to such increased cost
actually incurred or effected on or after the 180th day prior to the date of
such demand. A certificate as to such increased cost incurred by the Primary
Liquidity Provider as a result of any event mentioned in clauses (i), (ii) or
(iii) above, prepared in reasonable detail and submitted by the Primary
Liquidity Provider to the Borrower, shall be conclusive evidence of the amount
owed under this Section, absent manifest error.

          The Primary Liquidity Provider agrees to use reasonable efforts
(consistent with its internal policy and legal and regulatory restrictions) to
change the jurisdiction of its Lending Office if making such change would
avoid the need for, or reduce the amount of, any amount payable under this
Section 3.01 that may thereafter accrue and would not, in the reasonable
judgment of the Primary Liquidity Provider, be otherwise disadvantageous to
the Primary Liquidity Provider.

          Section 3.02. Capital Adequacy. If the Primary Liquidity Provider
shall determine that the adoption of any applicable law, rule or regulation
regarding capital adequacy, or any change therein, or any change in the
interpretation or administration thereof by any governmental authority,
central bank or comparable agency charged with the interpretation or
administration thereof, or compliance by the Primary Liquidity Provider (or
its head office) with any request or directive regarding capital adequacy
(whether or not having the force of law) of any such authority, central bank
or comparable agency, in each case after the date hereof, has the effect of
reducing the rate of return on the Primary Liquidity Provider's capital as a
consequence

                                      13
<PAGE>

of issuing or maintaining its commitment hereunder or its funding or
maintaining Advances to a level below that which the Primary Liquidity
Provider could have achieved but for such adoption, change or compliance
(taking into consideration the Primary Liquidity Provider's policies with
respect to capital adequacy) by an amount deemed by the Primary Liquidity
Provider to be material, then, upon demand by the Primary Liquidity Provider,
the Borrower shall pay to the Primary Liquidity Provider, from time to time as
specified by the Primary Liquidity Provider, additional amounts which shall be
sufficient to compensate the Primary Liquidity Provider for such reduction in
respect of issuing or maintaining its commitment hereunder or its funding or
maintaining Advances. A certificate as to any such additional amount
describing the event which has the effect of reducing the rate of return on
the Primary Liquidity Provider's capital, prepared in reasonable detail and
submitted by the Primary Liquidity Provider to the Borrower, shall be
conclusive evidence of the amount owed under this Section, absent manifest
error.

          The Primary Liquidity Provider agrees to use reasonable efforts
(consistent with its internal policy and legal and regulatory restrictions) to
change the jurisdiction of its Lending Office if making such change would
avoid the need for, or reduce the amount of, any amount payable under this
Section 3.02 that may thereafter accrue and would not, in the reasonable
judgment of the Primary Liquidity Provider, be otherwise disadvantageous to
the Primary Liquidity Provider.

          Section 3.03. Payments Free of Deductions. (a) All payments made by
the Borrower under this Agreement and the Fee Letter shall be made free and
clear of, and without reduction for or on account of, any present or future
stamp or other taxes, levies, imposts, duties, charges, fees, deductions,
withholdings, restrictions or conditions of any nature whatsoever now or
hereafter imposed, levied, collected, withheld or assessed, excluding Excluded
Taxes (such non-excluded taxes being referred to herein, collectively, as
"Non-Excluded Taxes" and, individually, as a "Non-Excluded Tax"). If any
Non-Excluded Taxes are required to be withheld from any amounts payable to the
Primary Liquidity Provider under this Agreement, the amounts so payable to the
Primary Liquidity Provider shall be increased to the extent necessary to yield
to the Primary Liquidity Provider (after payment of all Non-Excluded Taxes and
taxes imposed on the receipt of such increase) interest or any other such
amounts payable under this Agreement or any amounts payable under the Fee
Letter, as the case may be at the rates or in the amounts specified in this
Agreement or the Fee Letter, as the case may be. The Primary Liquidity
Provider agrees to use reasonable efforts (consistent with its internal policy
and legal and regulatory restrictions) to change the jurisdiction of its
Lending Office if making such change would avoid the need for, or reduce the
amount of, any such additional amounts that may thereafter accrue and would
not, in the reasonable judgment of the Primary Liquidity Provider, be
otherwise disadvantageous to the Primary Liquidity Provider. On or prior to
the Closing Date, the Primary Liquidity Provider agrees to provide to the
Borrower (i) two copies of a properly completed United States Internal Revenue
Service Form W-8BEN or Form W-8ECI, as appropriate, or other applicable form,
certificate or document prescribed by the Internal Revenue Service certifying,
in each case, the Primary Liquidity Provider's entitlement to a complete
exemption from United States federal withholding tax in respect to any and all
payments to be made hereunder, and (ii) agree to provide the Borrower a new
Form W-8BEN or Form W-8ECI, as appropriate, (A) on or before the date that any
such form expires or becomes obsolete or (B) after the occurrence of any event
requiring a change in the most recent form previously delivered

                                      14
<PAGE>

by it and prior to the immediately following due date of any payment by the
Borrower hereunder, certifying in the case of a Form W-8ECI or Form W-8BEN
that the Primary Liquidity Provider is exempt from or entitled to a reduced
rate of United States federal withholding tax on payments under this
Agreement.

          (b) All payments (including, without limitation, Advances) made by
the Primary Liquidity Provider under this Agreement shall be made free and
clear of, and without reduction for or on account of, any Taxes. If any Taxes
are required to be withheld or deducted from any amounts payable to the
Borrower under this Agreement, the Primary Liquidity Provider shall (i) within
the time prescribed therefor by applicable law pay to the appropriate
governmental or taxing authority the full amount of any such Taxes (and any
additional Taxes in respect of the payment required under clause (ii) hereof)
and make such reports or returns in connection therewith at the time or times
and in the manner prescribed by applicable law, and (ii) pay to the Borrower
an additional amount which (after deduction of all such Taxes) will be
sufficient to yield to the Borrower the full amount which would have been
received by it had no such withholding or deduction been made. Within 30 days
after the date of each payment hereunder, the Primary Liquidity Provider shall
furnish to the Borrower the original or a certified copy of (or other
documentary evidence of) the payment of the Taxes applicable to such payment.

          (c) If any exemption from, or reduction in the rate of, any Taxes is
reasonably available to the Borrower to establish that payments under this
Agreement are exempt from (or entitled to a reduced rate of) tax, the Borrower
shall deliver to the Primary Liquidity Provider such form or forms and such
other evidence of the eligibility of the Borrower for such exemption or
reduction as the Primary Liquidity Provider may reasonably identify to the
Borrower as being required as a condition to exemption from, or reduction in
the rate of, any Taxes.

          Section 3.04. Payments. The Borrower shall make or cause to be made
each payment to the Primary Liquidity Provider under this Agreement so as to
cause the same to be received by the Primary Liquidity Provider not later than
1:00 P.M. (New York City time) on the day when due. The Borrower shall make
all such payments in lawful money of the United States of America, to the
Primary Liquidity Provider in immediately available funds, by wire transfer to
Westdeutsche Landesbank Girozentrale, New York Branch, Account No.
920-1-060663, Reference: GSF Transportation Northwest EETC 2002-1.

          Section 3.05. Computations. All computations of interest based on
the Base Rate shall be made on the basis of a year of 365 or 366 days, as the
case may be, and all computations of interest based on the LIBOR Rate shall be
made on the basis of a year of 360 days, in each case for the actual number of
days (including the first day but excluding the last day) occurring in the
period for which such interest is payable.

          Section 3.06. Payment on Non-Business Days. Whenever any payment to
be made hereunder shall be stated to be due on a day other than a Business
Day, such payment shall be made on the next succeeding Business Day and no
additional interest shall be due as a result (and if so made, shall be deemed
to have been made when due). If any payment in respect of interest on an
Advance is so deferred to the next succeeding Business Day, such deferral
shall not delay the commencement of the next Interest Period for such Advance
(if such Advance is a

                                      15
<PAGE>

LIBOR Advance) or reduce the number of days for which interest will be payable
on such Advance on the next interest payment date for such Advance.

          Section 3.07. Interest. (a) Subject to Section 2.09, the Borrower
shall pay, or shall cause to be paid, without duplication, interest on (i) the
unpaid principal amount of each Advance from and including the date of such
Advance (or, in the case of an Applied Provider Advance, from and including
the date on which the amount thereof was withdrawn from the Class C-1 Primary
Cash Collateral Account to pay interest on the Class C-1 Certificates) to but
excluding the date such principal amount shall be paid in full (or, in the
case of an Applied Provider Advance, the date on which the Class C-1 Primary
Cash Collateral Account is fully replenished in respect of such Advance) and
(ii) any other amount due hereunder (whether fees, commissions, expenses or
other amounts or, to the extent permitted by law, installments of interest on
Advances or any such other amount) which is not paid when due (whether at
stated maturity, by acceleration or otherwise) from and including the due date
thereof to but excluding the date such amount is paid in full, in each such
case, at a fluctuating interest rate per annum for each day equal to the
Applicable Liquidity Rate (as defined below) for such Advance or such other
amount as in effect for such day, but in no event at a rate per annum greater
than the maximum rate permitted by applicable law; provided, however, that, if
at any time the otherwise applicable interest rate as set forth in this
Section 3.07 shall exceed the maximum rate permitted by applicable law, then
any subsequent reduction in such interest rate will not reduce the rate of
interest payable pursuant to this Section 3.07 below the maximum rate
permitted by applicable law until the total amount of interest accrued equals
the amount of interest that would have accrued if such otherwise applicable
interest rate as set forth in this Section 3.07 had at all times been in
effect.

          (b) Each Advance will be either a Base Rate Advance or a LIBOR
Advance as provided in this Section. Each such Advance will be a Base Rate
Advance for the period from the date of its borrowing to (but excluding) the
third Business Day following the Primary Liquidity Provider's receipt of the
Notice of Borrowing for such Advance. Thereafter, such Advance shall be a
LIBOR Advance; provided that (i) an Applied Provider Advance shall always be a
LIBOR Advance unless the Borrower elects otherwise and (ii) the Borrower (at
the direction of the Controlling Party, so long as the Primary Liquidity
Provider is not the Controlling Party) may (x) convert the Final Advance into
a Base Rate Advance on the last day of an Interest Period for such Advance by
giving the Primary Liquidity Provider no less than four Business Days' prior
written notice of such election or (y) elect to maintain the Final Advance as
a Base Rate Advance by not requesting a conversion of the Final Advance to a
LIBOR Advance under Clause (5) of the applicable Notice of Borrowing (or, if
such Final Advance is deemed to have been made, without delivery of a Notice
of Borrowing pursuant to Section 2.06, by requesting, prior to 11:00 A.M. (New
York City time) on the first Business Day immediately following the Borrower's
receipt of the applicable Termination Notice, that such Final Advance not be
converted from a Base Rate Advance to a LIBOR Advance).

          (c) Each LIBOR Advance shall bear interest during each Interest
Period at a rate per annum equal to the LIBOR Rate for such Interest Period
plus the Applicable Margin for such LIBOR Advance, payable in arrears on the
last day of such Interest Period and, in the event of the payment of principal
of such LIBOR Advance on a day other than such last day, on the date of such
payment (to the extent of interest accrued on the amount of principal repaid).

                                      16
<PAGE>

          (d) Each Base Rate Advance shall bear interest at a rate per annum
equal to the Base Rate plus the Applicable Margin for such Base Rate Advance,
payable in arrears on each Regular Distribution Date and, in the event of the
payment of principal of such Base Rate Advance on a day other than a Regular
Distribution Date, on the date of such payment (to the extent of interest
accrued on the amount of principal repaid).

          (e) [RESERVED]

          (f) Each amount not paid when due hereunder (whether fees,
commissions, expenses or other amounts or, to the extent permitted by
applicable law, installments of interest on Advances but excluding Advances)
shall bear interest at a rate per annum equal to the Base Rate plus 2.5% until
paid.

          (g) Each change in the Base Rate shall become effective immediately.
The rates of interest specified in this Section 3.07 with respect to any
Advance or other amount shall be referred to as the "Applicable Liquidity
Rate".

          Section 3.08. Replacement of Borrower. From time to time and subject
to the successor Borrower's meeting the eligibility requirements set forth in
Section 6.9 of the Intercreditor Agreement applicable to the Subordination
Agent, upon the effective date and time specified in a written and completed
Notice of Replacement Subordination Agent in substantially the form of Annex
VI attached hereto (a "Notice of Replacement Subordination Agent") delivered
to the Primary Liquidity Provider by the then Borrower, the successor Borrower
designated therein shall be substituted as the Borrower for all purposes
hereunder.

          Section 3.09. Funding Loss Indemnification. The Borrower shall pay
to the Primary Liquidity Provider, upon the request of the Primary Liquidity
Provider, such amount or amounts as shall be sufficient (in the reasonable
opinion of the Primary Liquidity Provider) to compensate it for any loss,
cost, or expense incurred as a result of the liquidation or redeployment of
deposits or other funds acquired by the Primary Liquidity Provider to fund or
maintain any LIBOR Advance (but excluding loss of anticipated profits)
incurred as a result of:

               (1) Any repayment of a LIBOR Advance on a date other than the
          last day of the Interest Period for such Advance; or

               (2) Any failure by the Borrower to borrow a LIBOR Advance on
          the date for borrowing specified in the relevant notice under
          Section 2.02.

          Section 3.10. Illegality. Notwithstanding any other provision in
this Agreement, if any change in any applicable law, rule or regulation, or
any change in the interpretation or administration thereof by any governmental
authority, central bank or comparable agency charged with the interpretation
or administration thereof, or compliance by the Primary Liquidity Provider (or
its Lending Office) with any request or directive (whether or not having the
force of law) of any such authority, central bank or comparable agency shall
make it unlawful or impossible for the Primary Liquidity Provider (or its
Lending Office) to maintain or fund its LIBOR Advances, then upon notice to
the Borrower by the Primary Liquidity Provider, the outstanding principal
amount of the LIBOR Advances shall be converted to Base Rate Advances (a)
immediately upon demand of the Primary Liquidity Provider, if such change or
compliance

                                      17
<PAGE>

with such request, in the judgment of the Primary Liquidity Provider, requires
immediate repayment; or (b) at the expiration of the last Interest Period to
expire before the effective date of any such change or request.

                                  ARTICLE IV

                             CONDITIONS PRECEDENT

          Section 4.01. Conditions Precedent to Effectiveness of Section 2.01.
Section 2.01 of this Agreement shall become effective on and as of the first
date (the "Effective Date") on which the following conditions precedent have
been satisfied or waived:

          (a) The Primary Liquidity Provider shall have received on or before
     the Closing Date each of the following, and in the case of each document
     delivered pursuant to paragraphs (i), (ii) and (iii), each in form and
     substance satisfactory to the Primary Liquidity Provider:

               (i) This Agreement and the Fee Letter duly executed on behalf
          of the Borrower and acknowledged by Northwest;

               (ii) The Intercreditor Agreement duly executed on behalf of
          each of the parties thereto;

               (iii) Fully executed copies of each of the Operative Agreements
          executed and delivered on or before the Closing Date (other than
          this Agreement, the Fee Letter and the Intercreditor Agreement);

               (iv) A copy of the Prospectus Supplement and specimen copies of
          the Class C-1 Certificates;

               (v) An executed copy of each document, instrument, certificate
          and opinion delivered on or before the Closing Date pursuant to the
          Class C-1 Trust Agreement, the Intercreditor Agreement and the other
          Operative Agreements (in the case of each such opinion, other than
          the opinion of counsel for the Underwriters, either addressed to the
          Primary Liquidity Provider or accompanied by a letter from the
          counsel rendering such opinion to the effect that the Primary
          Liquidity Provider is entitled to rely on such opinion as of its
          date as if it were addressed to the Primary Liquidity Provider);

               (vi) Evidence that there shall have been made and shall be in
          full force and effect, all filings, recordings and/or registrations,
          and there shall have been given or taken any notice or other similar
          action as may be reasonably necessary or, to the extent reasonably
          requested by the Primary Liquidity Provider, reasonably advisable,
          in order to establish, perfect, protect and preserve the right,
          title and interest, remedies, powers, privileges, liens and security
          interests of, or for the benefit of, the Trustees, the Borrower and
          the Primary Liquidity Provider created by the Operative Agreements
          executed and delivered on or prior to the Closing Date;

                                      18
<PAGE>

               (vii) A letter from Northwest Airlines Corporation, pursuant to
          which (i) Northwest Airlines Corporation agrees to provide copies of
          quarterly financial statements and audited annual financial
          statements to the Primary Liquidity Provider, and such other
          information as the Primary Liquidity Provider shall reasonably
          request with respect to the transactions contemplated by the
          Operative Agreements, in each case, only to the extent that
          Northwest Airlines Corporation is obligated to provide such
          information pursuant to Section 16 of the Leases (related to Leased
          Aircraft) or the corresponding section of the Indentures (related to
          Owned Aircraft) to the parties thereto, and (ii) Northwest Airlines
          Corporation agrees to allow the Primary Liquidity Provider to
          inspect its books and records regarding such transactions, and to
          discuss such transactions with officers and employees of Northwest
          Airlines Corporation; and

               (viii) Such other documents, instruments, opinions and
          approvals pertaining to the transactions contemplated hereby or by
          the other Operative Agreements as the Primary Liquidity Provider
          shall have reasonably requested.

          (b) The following statement shall be true on and as of the Effective
     Date: no event has occurred and is continuing, or would result from the
     entering into of this Agreement or the making of any Advance, which
     constitutes a Liquidity Event of Default.

          (c) The Primary Liquidity Provider shall have received payment in
     full of all fees and other sums required to be paid to or for the account
     of the Primary Liquidity Provider on or prior to the Effective Date.

          (d) All conditions precedent to the issuance of the Certificates
     under the Trust Agreements shall have been satisfied or waived, all
     conditions precedent to the effectiveness of the other Liquidity
     Facilities shall have been satisfied or waived, and all conditions
     precedent to the purchase of the Class G-1, Class G-2, Class C-1 and
     Class C-2 Certificates by the Underwriters under the Underwriting
     Agreement shall have been satisfied (unless any of such conditions
     precedent shall have been waived by the Underwriters).

          (e) The Borrower shall have received a certificate, dated the date
     hereof, signed by a duly authorized representative of the Primary
     Liquidity Provider, certifying that all conditions precedent to the
     effectiveness of Section 2.01 have been satisfied or waived.

          Section 4.02. Conditions Precedent to Borrowing. The obligation of
the Primary Liquidity Provider to make an Advance on the occasion of each
Borrowing shall be subject to the conditions precedent that the Effective Date
shall have occurred and, prior to the date of such Borrowing, the Borrower
shall have delivered a Notice of Borrowing which conforms to the terms and
conditions of this Agreement and has been completed as may be required by the
relevant form of the Notice of Borrowing for the type of Advances requested.

                                      19
<PAGE>

                                  ARTICLE V

                                   COVENANTS

          Section 5.01. Affirmative Covenants of the Borrower. So long as any
Advance shall remain unpaid or the Primary Liquidity Provider shall have any
Maximum Commitment hereunder or the Borrower shall have any obligation to pay
any amount to the Primary Liquidity Provider hereunder, the Borrower will,
unless the Primary Liquidity Provider shall otherwise consent in writing:

          (a) Performance of This and Other Agreements. Punctually pay or
     cause to be paid all amounts payable by it under this Agreement and the
     other Operative Agreements and observe and perform in all material
     respects the conditions, covenants and requirements applicable to it
     contained in this Agreement and the other Operative Agreements.

          (b) Reporting Requirements. Furnish to the Primary Liquidity
     Provider with reasonable promptness, such other information and data with
     respect to the transactions contemplated by the Operative Agreements as
     from time to time may be reasonably requested by the Primary Liquidity
     Provider; and permit the Primary Liquidity Provider, upon reasonable
     notice, to inspect the Borrower's books and records with respect to such
     transactions and to meet with officers and employees of the Borrower to
     discuss such transactions.

          (c) Certain Operative Agreements. Furnish to the Primary Liquidity
     Provider with reasonable promptness, such Operative Agreements entered
     into after the date hereof as from time to time may be reasonably
     requested by the Primary Liquidity Provider.

          Section 5.02. Negative Covenants of the Borrower. So long as any
Advance shall remain unpaid or the Primary Liquidity Provider shall have any
Maximum Commitment hereunder or the Borrower shall have any obligation to pay
any amount to the Primary Liquidity Provider hereunder, the Borrower will not
appoint or permit or suffer to be appointed any successor Borrower without the
prior written consent of the Primary Liquidity Provider, which consent shall
not be unreasonably withheld or delayed.

                                  ARTICLE VI

                          LIQUIDITY EVENTS OF DEFAULT

          Section 6.01. Liquidity Events of Default. If (a) any Liquidity
Event of Default has occurred and is continuing and (b) there is a Performing
Note Deficiency, the Primary Liquidity Provider may, in its discretion,
deliver to the Borrower a Termination Notice, the effect of which shall be to
cause (i) this Agreement to expire on the fifth Business Day after the date on
which such Termination Notice is received by the Borrower, (ii) the Borrower
to promptly request, and the Primary Liquidity Provider to promptly make, a
Final Advance in accordance with Section 2.02(d) hereof and Section 3.6(i) of
the Intercreditor Agreement, (iii) all other

                                      20
<PAGE>

outstanding Advances to be automatically converted into Final Advances for
purposes of determining the Applicable Liquidity Rate for interest payable
thereon, and (iv) subject to Sections 2.07 and 2.09 hereof, all Advances
(including, without limitation, any Provider Advance and Applied Provider
Advance), any accrued interest thereon and any other amounts outstanding
hereunder to become immediately due and payable to the Primary Liquidity
Provider.

                                 ARTICLE VII

                                MISCELLANEOUS

          Section 7.01. Amendments, Etc. No amendment or waiver of any
provision of this Agreement, nor consent to any departure by the Borrower
therefrom, shall in any event be effective unless the same shall be in writing
and signed by the Primary Liquidity Provider, and, in the case of an amendment
or of a waiver by the Borrower, the Borrower, and then such waiver or consent
shall be effective only in the specific instance and for the specific purpose
for which given.

          Section 7.02. Notices, Etc. Except as otherwise expressly provided
herein, all notices and other communications provided for hereunder shall be
in writing (including telecopier and mailed or delivered or sent by
telecopier):

Borrower:                    STATE STREET BANK AND TRUST COMPANY
                             2 Avenue de Lafayette
                             Boston, Massachusetts  02111
                             Attention:  Corporate Trust Administration
                             Telecopy:   (617) 988-9514

Primary Liquidity Provider:  WESTDEUTSCHE LANDESBANK GIROZENTRALE
                             1211 Avenue of the Americas
                             New York, New York 10036
                             Attention: Loan Administration - Suzy Kong

                             Telephone: (212) 597-1319
                             Telecopy:  (212) 302-7946

                             with a copy of any Notice of Borrowing to:

                             WESTDEUTSCHE LANDESBANK GIROZENTRALE
                             1211 Avenue of the Americas
                             New York, New York 10036
                             Attention:  Transportation Finance -
                                         Brigitte Thieme

                             Telephone: (212) 852-6111
                             Telecopy:  (212) 597-5419

                                      21
<PAGE>

or, as to each of the foregoing, at such other address as shall be designated
by such Person in a written notice to the others. All such notices and
communications shall be effective (i) if given by telecopier, when transmitted
to the telecopier number specified above, (ii) if given by mail, when
deposited in the mails addressed as specified above, and (iii) if given by
other means, when delivered at the address specified above, except that
written notices to the Primary Liquidity Provider pursuant to the provisions
of Articles II and III hereof shall not be effective until received by the
Primary Liquidity Provider. A copy of all notices delivered hereunder to
either party shall in addition be delivered to each of the parties to the
Participation Agreements at their respective addresses set forth therein.

          Section 7.03. No Waiver; Remedies. No failure on the part of the
Primary Liquidity Provider to exercise, and no delay in exercising, any right
under this Agreement shall operate as a waiver thereof; nor shall any single
or partial exercise of any right under this Agreement preclude any other or
further exercise thereof or the exercise of any other right. The remedies
herein provided are cumulative and not exclusive of any remedies provided by
law.

          Section 7.04. Further Assurances. The Borrower agrees to do such
further acts and things and to execute and deliver to the Primary Liquidity
Provider such additional assignments, agreements, powers and instruments as
the Primary Liquidity Provider may reasonably require or deem advisable to
carry into effect the purposes of this Agreement and the other Operative
Agreements or to better assure and confirm unto the Primary Liquidity Provider
its rights, powers and remedies hereunder and under the other Operative
Agreements.

          Section 7.05. Indemnification; Survival of Certain Provisions. The
Primary Liquidity Provider shall be indemnified hereunder to the extent and in
the manner described in Section 7(c) of the Participation Agreements. In
addition, the Borrower agrees to indemnify, protect, defend and hold harmless
the Primary Liquidity Provider from, against and in respect of, and shall pay
on demand, all Expenses of any kind or nature whatsoever (other than any
Expenses of the nature described in Sections 3.01, 3.02 or 7.07 hereof or in
the Fee Letter applicable to this Agreement (regardless of whether indemnified
against pursuant to said Sections or in such Fee Letter)), that may be
imposed, incurred by or asserted against any Liquidity Indemnitee, in any way
relating to, resulting from, or arising out of or in connection with any
action, suit or proceeding by any third party against such Liquidity
Indemnitee and relating to this Agreement, the Fee Letter applicable to this
Agreement, the Intercreditor Agreement or any Financing Agreement; provided,
however, that the Borrower shall not be required to indemnify, protect, defend
and hold harmless any Liquidity Indemnitee in respect of any Expense of such
Liquidity Indemnitee to the extent such Expense is (i) attributable to the
gross negligence or willful misconduct of such Liquidity Indemnitee or any
other Liquidity Indemnitee, (ii) ordinary and usual operating overhead
expense, or (iii) attributable to the failure by such Liquidity Indemnitee or
any other Liquidity Indemnitee to perform or observe any agreement, covenant
or condition on its part to be performed or observed in this Agreement, the
Fee Letter applicable to this Agreement, the Intercreditor Agreement or any
other Operative Agreement to which it is a party. The indemnities contained in
Section 7(c) of the Participation Agreements, and the provisions of Sections
3.01, 3.02, 3.03, 3.09, 7.05 and 7.07 hereof, shall survive the termination of
this Agreement.

                                      22
<PAGE>

          Section 7.06. Liability of the Primary Liquidity Provider. (a)
Neither the Primary Liquidity Provider nor any of its officers, employees,
directors or Affiliates shall be liable or responsible for: (i) the use which
may be made of the Advances or any acts or omissions of the Borrower or any
beneficiary or transferee in connection therewith; (ii) the validity,
sufficiency or genuineness of documents, or of any endorsement thereon, even
if such documents should prove to be in any or all respects invalid,
insufficient, fraudulent or forged; or (iii) the making of Advances by the
Primary Liquidity Provider against delivery of a Notice of Borrowing and other
documents which do not comply with the terms hereof; provided, however, that
the Borrower shall have a claim against the Primary Liquidity Provider, and
the Primary Liquidity Provider shall be liable to the Borrower, to the extent
of any damages suffered by the Borrower which were the result of (A) the
Primary Liquidity Provider's willful misconduct or negligence in determining
whether documents presented hereunder comply with the terms hereof, or (B) any
breach by the Primary Liquidity Provider of any of the terms of this
Agreement, including, but not limited to, the Primary Liquidity Provider's
failure to make lawful payment hereunder after the delivery to it by the
Borrower of a Notice of Borrowing strictly complying with the terms and
conditions hereof.

          (b) Neither the Primary Liquidity Provider nor any of its officers,
employees, directors or affiliates shall be liable or responsible in any
respect for (i) any error, omission, interruption or delay in transmission,
dispatch or delivery of any message or advice, however transmitted, in
connection with this Agreement or any Notice of Borrowing delivered hereunder,
or (ii) any action, inaction or omission which may be taken by it in good
faith, absent willful misconduct or negligence (in which event the extent of
the Primary Liquidity Provider's potential liability to the Borrower shall be
limited as set forth in the immediately preceding paragraph), in connection
with this Agreement or any Notice of Borrowing.

          Section 7.07. Costs, Expenses and Taxes. The Borrower agrees to pay,
or cause to be paid (A) on the Effective Date and on such later date or dates
on which the Primary Liquidity Provider shall make demand, all reasonable
out-of-pocket costs and expenses (including, without limitation, the
reasonable fees and expenses of outside counsel for the Primary Liquidity
Provider) of the Primary Liquidity Provider in connection with the
preparation, negotiation, execution, delivery, filing and recording of this
Agreement, any other Operative Agreement and any other documents which may be
delivered in connection with this Agreement and (B) on demand, all reasonable
costs and expenses (including reasonable counsel fees and expenses) of the
Primary Liquidity Provider in connection with (i) the enforcement of this
Agreement or any other Operative Agreement, (ii) the modification or amendment
of, or supplement to, this Agreement or any other Operative Agreement or such
other documents which may be delivered in connection herewith or therewith
(whether or not the same shall become effective) or (iii) any action or
proceeding relating to any order, injunction, or other process or decree
restraining or seeking to restrain the Primary Liquidity Provider from paying
any amount under this Agreement, the Intercreditor Agreement or any other
Operative Agreement or otherwise affecting the application of funds in the
Class C-1 Primary Cash Collateral Account. In addition, the Borrower shall pay
any and all recording, stamp and other similar taxes and fees payable or
determined to be payable in connection with the execution, delivery, filing
and recording of this Agreement, any other Operative Agreement and such other
documents, and agrees to save the Primary Liquidity Provider harmless from and
against any and all liabilities with respect to or resulting from any delay in
paying or omission to pay such taxes or fees.

                                      23
<PAGE>

          Section 7.08. Binding Effect; Participations. (a) This Agreement
shall be binding upon and inure to the benefit of the Borrower and the Primary
Liquidity Provider and their respective successors and assigns, except that
neither the Primary Liquidity Provider (except as otherwise provided in this
Section 7.08) nor (except as contemplated by Section 3.08) the Borrower shall
have the right to assign its rights or obligations hereunder or any interest
herein without the prior written consent of the other party, subject to the
requirements of Section 7.08(b). The Primary Liquidity Provider may grant
participations herein or in any of its rights hereunder (including, without
limitation, funded participations and participations in rights to receive
interest payments hereunder) and under the other Operative Agreements to such
Persons as the Primary Liquidity Provider may in its sole discretion select
(but excluding Northwest and any of its Affiliates), subject to the
requirements of Section 7.08(b). No such granting of participations by the
Primary Liquidity Provider, however, will relieve the Primary Liquidity
Provider of its obligations hereunder. In connection with any participation or
any proposed participation, the Primary Liquidity Provider may disclose to the
participant or the proposed participant any information that the Borrower is
required to deliver or to disclose to the Primary Liquidity Provider pursuant
to this Agreement. The Borrower acknowledges and agrees that the Primary
Liquidity Provider's source of funds may derive in part from its participants.
Accordingly, references in this Agreement and the other Operative Agreements
to determinations, reserve and capital adequacy requirements, increased costs,
reduced receipts, additional amounts due pursuant to Section 3.03 and the like
as they pertain to the Primary Liquidity Provider shall be deemed also to
include those of each of its participants (subject, in each case, to the
maximum amount that would have been incurred by or attributable to the Primary
Liquidity Provider directly if the Primary Liquidity Provider, rather than the
participant, had held the interest participated).

          (b) If, pursuant to subsection (a) above, the Primary Liquidity
Provider sells any participation in this Agreement to any bank or other entity
(each, a "Transferee"), then, concurrently with the effectiveness of such
participation, the Transferee shall (i) represent to the Primary Liquidity
Provider (for the benefit of the Primary Liquidity Provider and the Borrower)
either (A) that it is incorporated under the laws of the United States or a
state thereof or (B) that under applicable law and treaties, no taxes will be
required to be withheld with respect to any payments to be made to such
Transferee in respect of this Agreement, (ii) furnish to the Primary Liquidity
Provider and the Borrower either (x) a statement that it is incorporated under
the laws of the United States or a state thereof or (y) if it is not so
incorporated, two copies of a properly completed United States Internal
Revenue Service Form W-8BEN or Form W-8ECI, as appropriate, or other
applicable form, certificate or document prescribed by the Internal Revenue
Service certifying, in each case, such Transferee's entitlement to a complete
exemption from United States federal withholding tax in respect to any and all
payments to be made hereunder, and (iii) agree (for the benefit of the Primary
Liquidity Provider and the Borrower) to provide the Primary Liquidity Provider
and the Borrower a new Form W-8BEN or Form W-8ECI, as appropriate, (A) on or
before the date that any such form expires or becomes obsolete or (B) after
the occurrence of any event requiring a change in the most recent form
previously delivered by it and prior to the immediately following due date of
any payment by the Borrower hereunder, certifying in the case of a Form W-8ECI
or Form W-8BEN that such Transferee is entitled to a complete exemption from
United States federal withholding tax on payments under this Agreement. Unless
the Borrower has received forms or other documents reasonably satisfactory to
it (and required by applicable law) indicating that payments hereunder are not
subject to

                                      24
<PAGE>

United States federal withholding tax, the Borrower will withhold taxes as
required by law from such payments at the applicable statutory rate.

          (c) Notwithstanding the other provisions of this Section 7.08, the
Primary Liquidity Provider may assign and pledge all or any portion of the
Advances owing to it to any Federal Reserve Bank or the United States Treasury
as collateral security pursuant to Regulation A of the Board of Governors of
the Federal Reserve System and any Operating Circular issued by such Federal
Reserve Bank, provided that any payment in respect of such assigned Advances
made by the Borrower to the Primary Liquidity Provider in accordance with the
terms of this Agreement shall satisfy the Borrower's obligations hereunder in
respect of such assigned Advance to the extent of such payment. No such
assignment shall release the Primary Liquidity Provider from its obligations
hereunder.

          Section 7.09. Severability. Any provision of this Agreement which is
prohibited, unenforceable or not authorized in any jurisdiction shall, as to
such jurisdiction, be ineffective to the extent of such prohibition,
unenforceability or non-authorization without invalidating the remaining
provisions hereof or affecting the validity, enforceability or legality of
such provision in any other jurisdiction.

          Section 7.10. GOVERNING LAW. THIS AGREEMENT SHALL BE GOVERNED BY,
AND CONSTRUED IN ACCORDANCE WITH, THE LAW OF THE STATE OF NEW YORK.

          Section 7.11. Submission to Jurisdiction; Waiver of Jury Trial;
Waiver of Immunity. (a) Each of the parties hereto hereby irrevocably and
unconditionally:

               (i) submits for itself and its property in any legal action or
          proceeding relating to this Agreement or any other Operative
          Agreement, or for recognition and enforcement of any judgment in
          respect hereof or thereof, to the nonexclusive general jurisdiction
          of the courts of the State of New York, the courts of the United
          States of America for the Southern District of New York, and the
          appellate courts from any thereof;

               (ii) consents that any such action or proceeding may be brought
          in such courts, and waives any objection that it may now or
          hereafter have to the venue of any such action or proceeding in any
          such court or that such action or proceeding was brought in an
          inconvenient court and agrees not to plead or claim the same;

               (iii) agrees that service of process in any such action or
          proceeding may be effected by mailing a copy thereof by registered
          or certified mail (or any substantially similar form and mail),
          postage prepaid, to each party hereto at its address set forth in
          Section 7.02 hereof, or at such other address of which the Primary
          Liquidity Provider shall have been notified pursuant thereto; and

               (iv) agrees that nothing herein shall affect the right to
          effect service of process in any other manner permitted by law or
          shall limit the right to sue in any other jurisdiction.

                                      25
<PAGE>

          (b) THE BORROWER AND THE PRIMARY LIQUIDITY PROVIDER EACH HEREBY
AGREE TO WAIVE THEIR RESPECTIVE RIGHTS TO A JURY TRIAL OF ANY CLAIM OR CAUSE
OF ACTION BASED UPON OR ARISING OUT OF THIS AGREEMENT OR ANY DEALINGS BETWEEN
THEM RELATING TO THE SUBJECT MATTER OF THIS AGREEMENT AND THE RELATIONSHIP
THAT IS BEING ESTABLISHED, including, without limitation, contract claims,
tort claims, breach of duty claims and all other common law and statutory
claims. The Borrower and the Primary Liquidity Provider each warrant and
represent that it has reviewed this waiver with its legal counsel, and that it
knowingly and voluntarily waives its jury trial rights following consultation
with such legal counsel. THIS WAIVER IS IRREVOCABLE, AND CANNOT BE MODIFIED
EITHER ORALLY OR IN WRITING, AND THIS WAIVER SHALL APPLY TO ANY SUBSEQUENT
AMENDMENTS, RENEWALS, SUPPLEMENTS OR MODIFICATIONS TO THIS AGREEMENT.

          (c) The Primary Liquidity Provider hereby waives any immunity it may
have from the jurisdiction of the courts of the United States or of any State
and waives any immunity any of its properties located in the United States may
have from attachment or execution upon a judgment entered by any such court
under the United Sates Foreign Sovereign Immunities Act of 1976 or any similar
successor legislation.

          Section 7.12. Execution in Counterparts. This Agreement may be
executed in any number of counterparts and by different parties hereto on
separate counterparts, each of which counterparts, when so executed and
delivered, shall be deemed to be an original and all of which counterparts,
taken together, shall constitute but one and the same Agreement.

          Section 7.13. Entirety. This Agreement, the Intercreditor Agreement
and the other Operative Agreements to which the Primary Liquidity Provider is
a party constitute the entire agreement of the parties hereto with respect to
the subject matter hereof and supersedes all prior understandings and
agreements of such parties.

          Section 7.14. Headings. Section headings in this Agreement are
included herein for convenience of reference only and shall not constitute a
part of this Agreement for any other purpose.

          Section 7.15. PRIMARY LIQUIDITY PROVIDER'S OBLIGATION TO MAKE
ADVANCES. EXCEPT AS EXPRESSLY SET FORTH IN THIS AGREEMENT, THE OBLIGATIONS OF
THE PRIMARY LIQUIDITY PROVIDER TO MAKE ADVANCES HEREUNDER, AND THE BORROWER'S
RIGHTS TO DELIVER NOTICES OF BORROWING REQUESTING THE MAKING OF ADVANCES
HEREUNDER, SHALL BE UNCONDITIONAL AND IRREVOCABLE, AND SHALL BE PAID OR
PERFORMED, IN EACH CASE STRICTLY IN ACCORDANCE WITH THE TERMS OF THIS
AGREEMENT.

                                      26
<PAGE>

          IN WITNESS WHEREOF, the parties have caused this Agreement to be
duly executed and delivered by their respective officers thereunto duly
authorized as of the date first set forth above.

                                  STATE STREET BANK AND TRUST COMPANY,
                                       not in its individual capacity but
                                       solely as Subordination Agent, as agent
                                       and trustee for the Class C-1 Trustee,
                                       as Borrower

                                  By:    /s/ Kenneth R. Ring
                                     ---------------------------------------
                                     Name:   Kenneth R. Ring
                                     Title:  Assistant Vice President

                                  WESTDEUTSCHE LANDESBANK GIROZENTRALE,
                                  NEW YORK BRANCH, as
                                  Primary Liquidity Provider

                                  By:---------------------------------------
                                     Name:
                                     Title:

                                  By:---------------------------------------
                                     Name:
                                     Title:

                                      27
<PAGE>

          IN WITNESS WHEREOF, the parties have caused this Agreement to be
duly executed and delivered by their respective officers thereunto duly
authorized as of the date first set forth above.

                                  STATE STREET BANK AND TRUST COMPANY,
                                       not in its individual capacity but
                                       solely as Subordination Agent, as agent
                                       and trustee for the Class C-1 Trustee,
                                       as Borrower

                                  By:---------------------------------------
                                     Name:
                                     Title:

                                  WESTDEUTSCHE LANDESBANK GIROZENTRALE,
                                  NEW YORK BRANCH, as
                                  Primary Liquidity Provider

                                  By:    /s/ Brigitte Thieme
                                     ---------------------------------------
                                     Name:   Brigitte Thieme
                                     Title:  Managing Director

                                  By:    /s/ Alfred Heynen
                                     ---------------------------------------
                                     Name:   Alfred Heynen
                                     Title:  Associate Director

                                      27
<PAGE>

                                                                     Annex I to
                                                     Revolving Credit Agreement

                     INTEREST ADVANCE NOTICE OF BORROWING

          The undersigned, a duly authorized signatory of the undersigned
borrower (the "Borrower"), hereby certifies to Westdeutsche Landesbank
Girozentrale (the "Primary Liquidity Provider"), with reference to the
Revolving Credit Agreement (2002-1 C-1) dated as of August 5, 2002, between
the Borrower and the Primary Liquidity Provider (the "Liquidity Agreement";
the terms defined therein and not otherwise defined herein being used herein
as therein defined or referenced), that:

               (1) The Borrower is the Subordination Agent under the
          Intercreditor Agreement.

               (2) The Borrower is delivering this Notice of Borrowing for the
          making of an Interest Advance by the Primary Liquidity Provider to
          be used, subject to clause (3)(v) below, for the payment of the
          interest on the Class C-1 Certificates which was payable on
          ____________, ____ (the "Distribution Date") in accordance with the
          terms and provisions of the Class C-1 Trust Agreement and the Class
          C-1 Certificates, which Advance is requested to be made on
          ____________, ____. The Interest Advance should be transferred to
          [name of bank/wire instructions/ABA number] in favor of account
          number [____], reference [____].

               (3) The amount of the Interest Advance requested hereby (i) is
          $_________________, to be applied in respect of the payment of the
          interest which was due and payable on the Class C-1 Certificates on
          the Distribution Date, (ii) does not include any amount with respect
          to the payment of principal of, or Break Amount (if any), Prepayment
          Premium (if any) or any other premium(if any) on, the Class C-1
          Certificates, the Class G-1 Certificates, the Class G-2 Certificates
          or the Class C-2 Certificates, or interest on the Class G-1
          Certificates, Class G-2 Certificates, the Class C-2 Certificates, or
          the Class D Certificates, if any, (iii) was computed in accordance
          with the provisions of the Certificates, the Class C-1 Trust
          Agreement and the Intercreditor Agreement (a copy of which
          computation is attached hereto as Schedule I), (iv) does not exceed
          the Maximum Available Commitment on the date hereof, (v) does not
          include any amount of interest which was due and payable on the
          Class C-1 Certificates on such Distribution Date but which remains
          unpaid due to the failure of the Depositary to pay any amount of
          accrued interest on the Deposits on such Distribution Date and (vi)
          has not been and is not the subject of a prior or contemporaneous
          Notice of Borrowing.

               (4) Upon receipt by or on behalf of the Borrower of the amount
          requested hereby, (a) the Borrower will apply the same in accordance
          with the terms of Section 3.6(b) of the Intercreditor Agreement, (b)
          no portion of such

                                     I-1
<PAGE>

          amount shall be applied by the Borrower for any other purpose and
          (c) no portion of such amount until so applied shall be commingled
          with other funds held by the Borrower.

          The Borrower hereby acknowledges that, pursuant to the Liquidity
Agreement, the making of the Interest Advance as requested by this Notice of
Borrowing shall automatically reduce, subject to reinstatement in accordance
with the terms of the Liquidity Agreement, the Maximum Available Commitment by
an amount equal to the amount of the Interest Advance requested to be made
hereby as set forth in clause (i) of paragraph (3) of this Notice of Borrowing
and such reduction shall automatically result in corresponding reductions in
the amounts available to be borrowed pursuant to a subsequent Advance.

          IN WITNESS WHEREOF, the Borrower has executed and delivered this
Notice of Borrowing as of the ____ day of _________, ____.

                                  STATE STREET BANK AND TRUST COMPANY,
                                       not in its individual capacity but
                                       solely as Subordination Agent, as
                                       Borrower

                                  By:_______________________________________
                                     Name:
                                     Title:

                                     I-2
<PAGE>

              SCHEDULE I TO INTEREST ADVANCE NOTICE OF BORROWING

       [Insert Copy of Computations in accordance with Interest Advance
                             Notice of Borrowing]

                                     I-3
<PAGE>

                                                                    Annex II to
                                                     Revolving Credit Agreement

                   NON-EXTENSION ADVANCE NOTICE OF BORROWING

          The undersigned, a duly authorized signatory of the undersigned
subordination agent (the "Borrower"), hereby certifies to Westdeutsche
Landesbank Girozentrale (the "Primary Liquidity Provider"), with reference to
the Revolving Credit Agreement (2002-1 C-1) dated as of August 5, 2002,
between the Borrower and the Primary Liquidity Provider (the "Liquidity
Agreement"; the terms defined therein and not otherwise defined herein being
used herein as therein defined or referenced), that:

               (1) The Borrower is the Subordination Agent under the
          Intercreditor Agreement.

               (2) The Borrower is delivering this Notice of Borrowing for the
          making of the Non-Extension Advance by the Primary Liquidity
          Provider to be used for the funding of the Class C-1 Primary Cash
          Collateral Account in accordance with Section 3.6(d) of the
          Intercreditor Agreement, which Advance is requested to be made on
          __________, ____. The Non-Extension Advance should be transferred to
          [name of bank/wire instructions/ABA number] in favor of account
          number [___], reference [___].

               (3) The amount of the Non-Extension Advance requested hereby
          (i) is $_______________.__, which equals the Maximum Available
          Commitment on the date hereof and is to be applied in respect of the
          funding of the Class C-1 Primary Cash Collateral Account in
          accordance with Section 3.6(d) of the Intercreditor Agreement, (ii)
          does not include any amount with respect to the payment of the
          principal of, or Break Amount (if any), Prepayment Premium (if any)
          or any other premium (if any) on, the Class C-1 Certificates, or
          principal of, or interest or Break Amount (if any), Prepayment
          Premium (if any) or any other premium (if any) on, the Class G-1
          Certificates, the Class G-2 Certificates, the Class C-2 Certificates
          or the Class D Certificates, if any, (iii) was computed in
          accordance with the provisions of the Class C-1 Certificates, the
          Class C-1 Trust Agreement and the Intercreditor Agreement (a copy of
          which computation is attached hereto as Schedule I), and (iv) has
          not been and is not the subject of a prior or contemporaneous Notice
          of Borrowing under the Liquidity Agreement.

               (4) Upon receipt by or on behalf of the Borrower of the amount
          requested hereby, (a) the Borrower will deposit such amount in the
          Class C-1 Primary Cash Collateral Account and apply the same in
          accordance with the terms of Section 3.6(d) of the Intercreditor
          Agreement, (b) no portion of such amount shall be applied by the
          Borrower for any other purpose and (c) no portion of such amount
          until so applied shall be commingled with other funds held by the
          Borrower.

                                     II-1
<PAGE>

          The Borrower hereby acknowledges that, pursuant to the Liquidity
     Agreement, (A) the making of the Non-Extension Advance as requested by
     this Notice of Borrowing shall automatically and irrevocably terminate
     the obligation of the Primary Liquidity Provider to make further Advances
     under the Liquidity Agreement; and (B) following the making by the
     Primary Liquidity Provider of the Non-Extension Advance requested by this
     Notice of Borrowing, the Borrower shall not be entitled to request any
     further Advances under the Liquidity Agreement.

          IN WITNESS WHEREOF, the Borrower has executed and delivered this
Notice of Borrowing as of the ____ day of _________, ____.

                                   STATE STREET BANK AND TRUST COMPANY,
                                        not in its individual capacity but
                                        solely as Subordination Agent, as
                                        Borrower

                                   By:_______________________________________
                                      Name:
                                      Title:

                                     II-2
<PAGE>

            SCHEDULE I TO NON-EXTENSION ADVANCE NOTICE OF BORROWING

         [Insert Copy of computations in accordance with Non-Extension
                         Advance Notice of Borrowing]

                                     II-3
<PAGE>

                                                                   Annex III to
                                                     Revolving Credit Agreement

                     DOWNGRADE ADVANCE NOTICE OF BORROWING

          The undersigned, a duly authorized signatory of the undersigned
subordination agent (the "Borrower"), hereby certifies to Westdeutsche
Landesbank Girozentrale (the "Primary Liquidity Provider"), with reference to
the Revolving Credit Agreement (2002-1 C-1) dated as of August 5, 2002,
between the Borrower and the Primary Liquidity Provider (the "Liquidity
Agreement"; the terms defined therein and not otherwise defined herein being
used herein as therein defined or referenced), that:

               (1) The Borrower is the Subordination Agent under the
          Intercreditor Agreement.

               (2) The Borrower is delivering this Notice of Borrowing for the
          making of the Downgrade Advance by the Primary Liquidity Provider to
          be used for the funding of the Class C-1 Primary Cash Collateral
          Account in accordance with Section 3.6(c) of the Intercreditor
          Agreement by reason of the downgrading of the short-term unsecured
          debt rating of the Primary Liquidity Provider issued by either
          Rating Agency below the Threshold Rating, which Advance is requested
          to be made on __________, ____. The Downgrade Advance should be
          transferred to [name of bank/wire instructions/ABA number] in favor
          of account number [___], reference [____].

               (3) The amount of the Downgrade Advance requested hereby (i) is
          $_______________.__, which equals the Maximum Available Commitment
          on the date hereof and is to be applied in respect of the funding of
          the Class C-1 Primary Cash Collateral Account in accordance with
          Section 3.6(c) of the Intercreditor Agreement, (ii) does not include
          any amount with respect to the payment of the principal of, or Break
          Amount (if any), or Prepayment Premium (if any) or any premium on,
          the Class C-1 Certificates, or principal of, or interest or Break
          Amount (if any), or Prepayment Premium (if any) or any premium on,
          the Class G-1 Certificates, the Class G-2 Certificates, the Class
          C-2 Certificates or the Class D Certificates, (iii) was computed in
          accordance with the provisions of the Class C-1 Certificates, the
          Class C-1 Trust Agreement and the Intercreditor Agreement (a copy of
          which computation is attached hereto as Schedule I), and (iv) has
          not been and is not the subject of a prior or contemporaneous Notice
          of Borrowing under the Liquidity Agreement.

          (4) Upon receipt by or on behalf of the Borrower of the amount
          requested hereby, (a) the Borrower will deposit such amount in the
          Class C-1 Primary Cash Collateral Account and apply the same in
          accordance with the terms of Section 3.6(c) of the Intercreditor
          Agreement, (b) no portion of such amount shall be applied by the
          Borrower for any other purpose and (c) no portion of such amount
          until so applied shall be commingled with other funds held by the
          Borrower.

                                    III-1
<PAGE>

          The Borrower hereby acknowledges that, pursuant to the Liquidity
Agreement, (A) the making of the Downgrade Advance as requested by this Notice
of Borrowing shall automatically and irrevocably terminate the obligation of
the Primary Liquidity Provider to make further Advances under the Liquidity
Agreement; and (B) following the making by the Primary Liquidity Provider of
the Downgrade Advance requested by this Notice of Borrowing, the Borrower
shall not be entitled to request any further Advances under the Liquidity
Agreement.

          IN WITNESS WHEREOF, the Borrower has executed and delivered this
Notice of Borrowing as of the ____ day of _________, ____.

                                     STATE STREET BANK AND TRUST COMPANY,
                                          not in its individual capacity but
                                          solely as Subordination Agent, as
                                          Borrower

                                     By:_______________________________________
                                        Name:
                                        Title:

                                    III-2
<PAGE>

              SCHEDULE I TO DOWNGRADE ADVANCE NOTICE OF BORROWING

       [Insert Copy of computations in accordance with Downgrade Advance
                             Notice of Borrowing]

                                    III-3
<PAGE>

                                                                    Annex IV to
                                                     Revolving Credit Agreement

                       FINAL ADVANCE NOTICE OF BORROWING

          The undersigned, a duly authorized signatory of the undersigned
borrower (the "Borrower"), hereby certifies to Westdeutsche Landesbank
Girozentrale (the "Primary Liquidity Provider"), with reference to the
Revolving Credit Agreement (2002-1 C-1) dated as of August 5, 2002, between
the Borrower and the Primary Liquidity Provider (the "Liquidity Agreement";
the terms defined therein and not otherwise defined herein being used herein
as therein defined or referenced), that:

               (1) The Borrower is the Subordination Agent under the
          Intercreditor Agreement.

               (2) The Borrower is delivering this Notice of Borrowing for the
          making of the Final Advance by the Primary Liquidity Provider to be
          used for the funding of the Class C-1 Primary Cash Collateral
          Account in accordance with Section 3.6(i) of the Intercreditor
          Agreement by reason of the receipt by the Borrower of a Termination
          Notice from the Primary Liquidity Provider with respect to the
          Liquidity Agreement, which Advance is requested to be made on
          ____________, ____. The Final Advance should be transferred to [name
          of bank/wire instructions/ABA number] in favor of account number
          [___], reference [____].

               (3) The amount of the Final Advance requested hereby (i) is
          $___________________, which equals the Maximum Available Commitment
          on the date hereof and is to be applied in respect of the funding of
          the Class C-1 Primary Cash Collateral Account in accordance with
          Section 3.6(i) of the Intercreditor Agreement, (ii) does not include
          any amount with respect to the payment of principal of, or Break
          Amount (if any), Prepayment Premium (if any) or any other premium
          (if any) on, the Class C-1 Certificates, or principal of, or
          interest or Break Amount (if any), Prepayment Premium (if any) or
          any other premium (if any) on, the Class G-1 Certificates, the Class
          G-2 Certificates, the Class C-2 Certificates or the Class D
          Certificates, (iii) was computed in accordance with the provisions
          of the Class C-1 Certificates, the Class C-1 Trust Agreement and the
          Intercreditor Agreement (a copy of which computation is attached
          hereto as Schedule I), and (iv) has not been and is not the subject
          of a prior or contemporaneous Notice of Borrowing.

               (4) Upon receipt by or on behalf of the Borrower of the amount
          requested hereby, (a) the Borrower will deposit such amount in the
          Class C-1 Primary Cash Collateral Account and apply the same in
          accordance with the terms of Section 3.6(i) of the Intercreditor
          Agreement, (b) no portion of such amount shall be applied by the
          Borrower for any other purpose and (c) no portion of such amount
          until so applied shall be commingled with other funds held by the
          Borrower.

                                     IV-1
<PAGE>

               (5) The Borrower hereby requests that the Advance requested
          hereby be a Base Rate Advance [and that such Base Rate Advance be
          converted into a LIBOR Advance on the third Business Day following
          your receipt of this notice]1.

          The Borrower hereby acknowledges that, pursuant to the Liquidity
Agreement, (A) the making of the Final Advance as requested by this Notice of
Borrowing shall automatically and irrevocably terminate the obligation of the
Primary Liquidity Provider to make further Advances under the Liquidity
Agreement; and (B) following the making by the Primary Liquidity Provider of
the Final Advance requested by this Notice of Borrowing, the Borrower shall
not be entitled to request any further Advances under the Liquidity Agreement.

          IN WITNESS WHEREOF, the Borrower has executed and delivered this
Notice of Borrowing as of the ____ day of _________, ____.

                                 STATE STREET BANK AND TRUST COMPANY,
                                      not in its individual capacity but
                                      solely as Subordination Agent, as
                                      Borrower

                                 By:_______________________________________
                                    Name:
                                    Title:

--------
1  Bracketed language may be included at Borrower's option.

                                     IV-2
<PAGE>

                SCHEDULE I TO FINAL ADVANCE NOTICE OF BORROWING

         [Insert Copy of Computations in accordance with Final Advance
                             Notice of Borrowing]

                                     IV-3
<PAGE>

                                                                     Annex V to
                                                     Revolving Credit Agreement

                             NOTICE OF TERMINATION

                                                [Date]

State Street Bank and Trust Company,
  as Subordination Agent, as Borrower
2 Avenue de Lafayette
Boston, MA 02111

Attention:  Corporate Trust Administration

     Revolving Credit Agreement (2002-1 C-1) dated as of August 5, 2002,
     between STATE STREET BANK AND TRUST COMPANY, as Subordination Agent, as
     Borrower, and WESTDEUTSCHE LANDESBANK GIROZENTRALE (the "Liquidity
     Agreement")

Ladies and Gentlemen:

          You are hereby notified that pursuant to Section 6.01 of the
Liquidity Agreement, by reason of the occurrence of a Liquidity Event of
Default and the existence of a Performing Note Deficiency (each as defined
therein), we are giving this notice to you in order to cause (i) our
obligations to make Advances (as defined therein) under such Liquidity
Agreement to terminate on the fifth Business Day after the date on which you
receive this notice and (ii) you to request a Final Advance under the
Liquidity Agreement pursuant to Section 3.6(i) of the Intercreditor Agreement
(as defined in the Liquidity Agreement) as a consequence of your receipt of
this notice.

                                     V-1
<PAGE>

          THIS NOTICE IS THE "NOTICE OF TERMINATION" PROVIDED FOR UNDER THE
LIQUIDITY AGREEMENT. OUR OBLIGATIONS TO MAKE ADVANCES UNDER THE LIQUIDITY
AGREEMENT WILL TERMINATE ON THE FIFTH BUSINESS DAY AFTER THE DATE ON WHICH YOU
RECEIVE THIS NOTICE.

                                 Very truly yours,

                                 WESTDEUTSCHE LANDESBANK GIROZENTRALE,
                                 as Primary Liquidity Provider

                                 By:______________________________________
                                    Name:
                                    Title:

                                 By:______________________________________
                                    Name:
                                    Title:

cc:  State Street Bank and Trust Company of
     Connecticut, National Association,
     as Class C-1 Trustee

                                     V-2
<PAGE>

                                                                    Annex VI to
                                                     Revolving Credit Agreement

                   NOTICE OF REPLACEMENT SUBORDINATION AGENT

[Date]

Attention:

     Revolving Credit Agreement (2002-1 C-1) dated as of August 5, 2002,
     between State Street Bank and Trust Company, as Subordination Agent, as
     Borrower, and Westdeutsche Landesbank Girozentrale (the "Liquidity
     Agreement")

Ladies and Gentlemen:

          For value received, the undersigned beneficiary hereby irrevocably
transfers to:

                        ------------------------------
                             [Name of Transferee]

                        ------------------------------
                            [Address of Transferee]

all rights and obligations of the undersigned as Borrower under the Liquidity
Agreement referred to above. The transferee has succeeded the undersigned as
Subordination Agent under the Intercreditor Agreement referred to in the first
paragraph of the Liquidity Agreement, pursuant to the terms of Section 8.1 of
the Intercreditor Agreement.

          By this transfer, all rights of the undersigned as Borrower under
the Liquidity Agreement are transferred to the transferee and the transferee
shall hereafter have the sole rights and obligations as Borrower thereunder.
The undersigned shall pay any costs and expenses of such transfer, including,
but not limited to, transfer taxes or governmental charges.

                                     VI-1
<PAGE>

          We ask that this transfer be effective as of _______________, ____.

                                      STATE STREET BANK AND TRUST COMPANY,
                                           not in its individual capacity but
                                           solely as Subordination Agent, as
                                           Borrower

                                      By: ______________________________________
                                          Name:
                                          Title:

                                     VI-2

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