Document:

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                                                                    EXHIBIT 4.10

                          REGISTRATION RIGHTS AGREEMENT

                            DATED AS OF JULY 19, 2001

                                  BY AND AMONG

                             VIASYSTEMS GROUP, INC.

                                VIASYSTEMS, INC.

                 HICKS, MUSE, TATE & FURST EQUITY FUND III, L.P.

                              HM3 COINVESTORS, L.P.

                        HMTF EQUITY FUND IV (1999), L.P.

                    HMTF PRIVATE EQUITY FUND IV (1999), L.P.

                         HICKS, MUSE PG-IV (1999), C.V.

                        HM 4-SBS (1999) COINVESTORS, L.P.

                        HM 4-EQ (1999) COINVESTORS, L.P.

                         RELATING TO THE REGISTRATION OF

                  14% SENIOR NOTES DUE 2007 OF VIASYSTEMS, INC.

                                       AND

             WARRANTS FOR THE PURCHASE OF SHARES OF COMMON STOCK OF
                             VIASYSTEMS GROUP, INC.

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         THIS REGISTRATION RIGHTS AGREEMENT (this "AGREEMENT") is made and
entered into as of July 19, 2001, by and among Viasystems, Inc., a Delaware
corporation (the "COMPANY"), Viasystems Group, Inc., a Delaware corporation
("PARENT"), Hicks, Muse, Tate & Furst Equity Fund III, L.P., HM3 Coinvestors,
L.P., HMTF Equity Fund IV (1999), L.P., HMTF Private Equity Fund IV (1999),
L.P., Hicks, Muse PG-IV (1999), C.V., HM 4-SBS (1999) Coinvestors, L.P., and HM
4-EQ (1999) Coinvestors, L.P. (each, an "HMTF BUYER", and, collectively, the
"HMTF BUYERS" and sometimes referred to as the "BUYERS"), each of whom has
agreed to purchase the Company's 14% Senior Notes due 2007 (the "NOTES") and
Warrants for the Purchase of Shares of Common Stock of Parent (the "WARRANTS")
pursuant to the Subscription Agreement (as defined below).

         This Agreement is made pursuant to the Subscription Agreement, dated
July 19, 2001 (the "SUBSCRIPTION AGREEMENT"), by and among the Company, Parent
and the Buyers. In order to induce the Buyers to purchase the Notes and the
Warrants, the Company and Parent have agreed to provide the registration rights
set forth in this Agreement. The execution and delivery of this Agreement is a
condition to the obligations of the Buyers set forth in Section 2.01 of the
Subscription Agreement. Capitalized terms used herein and not otherwise defined
shall have the meaning assigned to them in the Indenture, attached as Exhibit A
to the Notes (the "INDENTURE").

         The parties hereby agree as follows:

         SECTION 1. (a) Definitions.

         As used in this Agreement, the following capitalized terms shall have
the following meanings:

         ACCRETED VALUE: Shall have the meaning assigned to it in the Indenture.

         ACT: The Securities Act of 1933, as amended.

         AFFILIATE: As defined in Rule 144 of the Act.

         COMMON STOCK: The common stock, par value $0.01 per share, of Parent.

         COMMISSION: The Securities and Exchange Commission.

         DEMAND REGISTRATION: As defined in Section 4 hereof.

         EXCHANGE ACT: The Securities Exchange Act of 1934, as amended.

         EXPIRATION DATE: 5:00 p.m. New York City time on May 1, 2007.

         NOTE REGISTRATION STATEMENT: Any registration statement of the Company
relating to the registration of Transfer Restricted Notes, in each case, (i)
that is filed pursuant to the provisions of this Agreement and (ii) including
the Prospectus included therein, all amendments and supplements thereto
(including post-effective amendments) and all exhibits and material incorporated
by reference therein.

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         PARENT SECURITIES: The Common Stock and securities convertible into or
exchangeable for Common Stock and options, warrants or other rights to acquire
Common Stock or any other equity security issued by Parent.

         PROSPECTUS: The prospectus included in a Registration Statement at the
time such Registration Statement is declared effective, as amended or
supplemented by any prospectus supplement and by all other amendments thereto,
including post-effective amendments, and all material incorporated by reference
into such Prospectus.

         PUBLIC OFFERING: An underwritten public offering of Transfer Restricted
Securities of the Company or Parent pursuant to an effective registration
statement under the Act.

         REGISTRATION STATEMENT: Any Note Registration Statement or Warrant
Registration Statement.

         RULE 144: Rule 144 promulgated under the Act.

         SECURITIES: The Notes, the Warrants and the Warrant Shares.

         TIA: The Trust Indenture Act of 1939 (15 U.S.C. Section 77aaa-77bbbb)
as in effect on the date of the Indenture.

         TRANSFER RESTRICTED NOTES: Each Note, until the earliest to occur of
(a) the date on which such Note has been disposed of in accordance with a Note
Registration Statement, or (b) the date on which such Note is distributed to the
public pursuant to Rule 144 under the Act.

         TRANSFER RESTRICTED SECURITIES: Each Transfer Restricted Note and each
Transfer Restricted Warrant Security.

         TRANSFER RESTRICTED WARRANT SECURITIES: (a) Each Warrant and Warrant
Share until the earlier to occur of (i) the date on which such Warrant or
Warrant Share has been disposed of in accordance with a Warrant Registration
Statement or the date on which such Warrant Share is issued upon exercise of a
Warrant in accordance with a registration statement filed under the Act and (ii)
the date on which such Warrant or Warrant Share is distributed to the public
pursuant to Rule 144 under the Act.

         WARRANT AGENT: The warrant agent, if any, with respect to the Warrants.

         WARRANT SHARE: The Common Stock of Parent issuable on the exercise of
the Warrants.

         WARRANT REGISTRATION STATEMENT: Any registration statement of Parent
relating to the registration of Transfer Restricted Warrant Securities,
including any Warrant Shelf Registration Statement, in each case, (i) that is
filed pursuant to the provisions of this Agreement and (ii) including the
Prospectus included therein, all amendments and supplements thereto (including
post-effective amendments) and all exhibits and material incorporated by
reference therein.

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                  (b) Other Definitions.

<Table>
<Caption>
                      Term                                      Defined in Section
                      ----                                      ------------------
<S>                                                             <C>
           Applicable Holdback Period                                    6
           Demand Registration                                           4(a)
           Demand Registration Request                                   3(a)
           Holder                                                        2
           Incidental Registration                                       5(a)
           Indemnified Party                                            10(c)
           Indemnifying Person                                          10(c)
           Inspectors                                                    8(a)
           Losses                                                       10(a)
           Maximum Offering Size                                         4(e)
           Recommencement Date                                           8(b)
           Records                                                       8(a)
           Selling Holders                                               4(a)
           Suspension Notice                                             8(b)
           Warrant Shelf Registration Statement                          7(a)
</Table>

         SECTION 2. Holders.

         A person is deemed to be a holder of Transfer Restricted Securities
whenever such person is the record holder of Transfer Restricted Securities. As
used herein, "HOLDER" refers to the holder of a Transfer Restricted Note or a
Transfer Restricted Warrant Security, or both, as the context may require.

         SECTION 3. Demand Registration Rights. (a) Notes: At any time after
Parent has filed its annual report on Form 10-K for the year ended December 31,
2001, if the Company or Parent, as the case may be, shall receive a written
request (a "DEMAND REGISTRATION REQUEST") from the Holders of 50% or more of the
aggregate Accreted Value of Transfer Restricted Notes then outstanding to effect
the registration of such Transfer Restricted Notes, then the Company or Parent,
as the case may be, shall effect the registration under the Act of such Transfer
Restricted Notes in accordance with Section 4 hereof.

                  (b) Warrant Securities: At any time after Parent has filed its
annual report on Form 10-K for the year ended December 31, 2001, if Parent shall
receive a Demand Registration Request from the Holders of 50% or more of the
aggregate Transfer Restricted Warrant Securities then outstanding to effect the
registration of such Transfer Restricted Warrant Securities, then Parent shall
effect the registration under the Act of such Transfer Restricted Warrant
Securities in accordance with Section 4 and Section 7 hereof.

         SECTION 4. Demand Registration. (a) If the Company or Parent, as the
case may be shall receive a Demand Registration Request from the Holders (the
"SELLING HOLDERS") of Transfer Restricted Securities that the Company or Parent,
as the case may be, effect the registration under the Act of all or a portion of
such Selling Holders' Transfer Restricted Securities, and specifying the
intended method of disposition thereof, then the Company or Parent, as the case
may be, shall promptly give written notice of such requested registration (a

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"DEMAND REGISTRATION") at least 30 days prior to the anticipated filing date of
the registration statement relating to such Demand Registration to all Holders
and thereupon will use its reasonable best efforts to effect, as expeditiously
as possible, the registration under the Act of:

                           (i) the Transfer Restricted Securities which the
Company or Parent, as the case may be, has been so requested to register by the
Selling Holders, then held by such Selling Holders; and

                           (ii) subject to the restrictions set forth in Section
4(e), all other Transfer Restricted Securities of the same type as that to which
the request by the Selling Holders relates which any other person entitled to
request Parent to effect an Incidental Registration (as such term is defined in
Section 5) pursuant to Section 5 has requested Parent to register by written
request received by Parent within 15 days after the receipt by such Holders of
such written notice given by Parent, all to the extent necessary to permit the
disposition (in accordance with the intended methods thereof as aforesaid) of
the Transfer Restricted Securities so to be registered; provided that, (A) the
Company shall not be obligated to effect more than two Demand Registrations with
respect to Transfer Restricted Notes, and (B) Parent shall not be obligated to
effect more than one Demand Registration with respect to Transfer Restricted
Warrant Securities in addition to its obligations under Section 7; provided,
further that the Company shall not be obligated to effect any shelf registration
of Transfer Restricted Notes and neither the Company nor Parent shall be
obligated to effect a Demand Registration unless the aggregate proceeds expected
to be received from the sale of the Transfer Restricted Securities to be
included in such Demand Registration, in the reasonable opinion of Parent
exercised in good faith, equals or exceeds $5 million. In no event will the
Company or Parent be required to effect more than one Demand Registration within
any four-month period.

                  (b) Promptly after the expiration of the 15-day period
referred to in Section 4(a)(ii) hereof, Parent will notify all of the Selling
Holders of the other Holders who have requested to include their Transfer
Restricted Warrant Securities in the registration and the number of Transfer
Restricted Securities requested to be included therein. The Selling Holders
requesting a registration under this Section 4 may, at any time prior to the
effective date of the registration statement relating to such registration,
revoke such request, without liability to any of the other Holders, by providing
a written notice to the Company or Parent, as the case may be, revoking such
request, in which case such request, so revoked, shall be considered an effected
Demand Registration unless the Selling Holders reimburse the Company or Parent,
as the case may be, for all costs incurred by the Company or Parent, as the case
may be, in connection with such registration, or unless such revocation arose
out of the fault of the Company or Parent, as the case may be, in which case
such request shall not be considered an effected Demand Registration.

                  (c) The Company or Parent, as the case may be, will pay all
registration expenses as set forth in Section 9 hereof.

                  (d) A registration made pursuant to this Section 4 shall not
be deemed to have been effected (i) unless the registration statement relating
thereto (A) has become effective under the Act and (B) has remained effective
for a period of at least 180 days (or such shorter period in which all Transfer
Restricted Securities of the Holders included in such registration have actually

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been sold thereunder); provided that if after any registration statement filed
pursuant to this Section 4 becomes effective (x) such registration statement is
interfered with by any stop order, injunction or other order or requirement of
the Commission or other governmental agency or court and (y) less than 75% of
the Transfer Restricted Securities included in such registration statement have
been sold thereunder, such registration statement shall not be considered an
effected Demand Registration or (ii) if the Maximum Offering Size (as defined
below) is reduced in accordance with Section 4(e) such that less than 66 2/3% of
the Transfer Restricted Securities of the Selling Holders sought to be included
in such registration are included.

                  (e) If a Demand Registration involves an underwritten Public
Offering and the managing underwriter shall advise the Company or Parent, as the
case may be, and the Selling Holders that, in its view, (i) the number of
Transfer Restricted Securities requested to be included in such registration
(including any securities which the Company or Parent, as the case may be,
proposes to be included which are not Transfer Restricted Securities) or (ii)
the inclusion of some or all of the Transfer Restricted Securities owned by the
Holders, in any such case, exceeds the largest number of securities which can be
sold without having an adverse effect on such offering, including the price at
which such securities can be sold (the "MAXIMUM OFFERING SIZE"), the Company or
Parent, as the case may be, will include in such registration, in the priority
listed below, up to the Maximum Offering Size:

                           (i) first, the Transfer Restricted Securities
requested to be included in such registration pursuant to Section 4(a)(i) and
pursuant to Section 5 by the Holders, allocated (if necessary) pro rata among
such Holders on the basis of the relative number of Transfer Restricted
Securities each such Holder has requested to be included in such registrations;
and

                           (ii) second, securities to be sold for the account of
other persons (including the Company or Parent, as the case may be), with such
priorities among them as the Company or Parent, as the case may be, shall
determine.

                  (f) Registration Statement Form. Registrations under this
Section 4 shall be on such appropriate registration form of the Commission (i)
as shall be selected by the Company or Parent, as the case may be, and as shall
be reasonably acceptable to the Holders and (ii) as shall permit the disposition
of Transfer Restricted Securities in accordance with the method or methods of
disposition intended on the part of the Holders. Notwithstanding anything herein
to the contrary, if, pursuant to a registration pursuant to this Section 4, the
Company or Parent, as the case may be, proposes to effect registration by filing
of a registration statement on Form S-3 (or any successor or similar short-form
registration statement) and any managing underwriter shall advise the Company or
Parent, as the case may be, in writing that, in its opinion, the use of another
form of registration statement is of material importance to the success of such
proposed offering, then such registration shall be effected on such other form.

         SECTION 5. Incidental Registration. (a) If Parent proposes to register
any Parent Securities under the Act (other than a registration (A) on Form S-8
or S-4 or any successor or similar forms, (B) relating to Common Stock issuable
upon exercise of employee stock options or in connection with any employee
benefit or similar plan of Parent or (C) in connection with a direct or indirect
acquisition by Parent of another company, whether or not for sale for its own
account), it will each such time, subject to the provisions of Section 5(b),
give prompt written

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notice at least 40 days prior to the anticipated filing date of the registration
statement relating to such registration to each Holder of Transfer Restricted
Warrant Securities, which notice shall set forth such Holder's rights under this
Section 5 and shall offer such Holders the opportunity to include in such
registration statement such number of Transfer Restricted Warrant Securities as
each such Holder may request (an "INCIDENTAL REGISTRATION"). Upon the written
request of any such Holder made within 20 days after the receipt of notice from
Parent (which request shall specify the number of Transfer Restricted Warrant
Securities intended to be disposed of by such Holder), Parent will use its
reasonable best efforts to effect the registration under the Act of all Transfer
Restricted Warrant Securities which Parent has been so requested to register by
such Holders, to the extent required to permit the disposition of the Transfer
Restricted Warrant Securities so to be registered; provided that (I) if such
registration involves a Public Offering, all such Holders requesting to be
included in Parent's registration must sell their Transfer Restricted Warrant
Securities to the underwriters on the same terms and conditions as apply to
Parent and (II) if, at any time after giving written notice of its intention to
register any Parent Securities pursuant to this Section 5 and prior to the
effective date of the registration statement filed in connection with such
registration, Parent shall determine for any reason not to register such
securities, Parent shall give written notice to all such Holders of Transfer
Restricted Warrant Securities and, thereupon, shall be relieved of its
obligation to register any Transfer Restricted Warrant Securities in connection
with such registration. No registration effected under this Section 5 shall
relieve Parent of its obligations to effect a Demand Registration to the extent
required by Section 4. Parent will pay all Registration Expenses in connection
with each registration of Transfer Restricted Warrant Securities requested
pursuant to this Section 5.

                  (b) If a registration pursuant to this Section 5 involves a
Public Offering (other than in the case of a Public Offering requested under
Section 3 by the Holders in a Demand Registration, in which case the provisions
with respect to priority of inclusions in such offering as set forth in Section
4(e) shall apply) and the managing underwriter advises Parent that, in its view,
the number of Parent Securities and Transfer Restricted Warrant Securities that
Parent and Holders intend to include in such registration exceeds the Maximum
Offering Size, Parent will include in such registration, in the following
priority, up to the Maximum Offering Size:

                           (i) first, so much of the Parent Securities proposed
to be registered by Parent as would not cause the offering to exceed the Maximum
Offering Size;

                           (ii) second, all Transfer Restricted Warrant
Securities requested to be included in such registration by the Holders pursuant
to this Section 5 (allocated, if necessary for the offering not to exceed the
Maximum Offering Size, pro rata among such Holders on the basis of the relative
number of Transfer Restricted Warrant Securities so requested to be included in
such registration); and

                           (iii) third, securities to be sold for the account of
other persons, with such priorities among them as Parent shall determine.

         SECTION 6. Holdback Agreements. If any registration of Transfer
Restricted Securities shall be in connection with a Public Offering, the Holders
agree not to effect any public sale or distribution, including any sale pursuant
to Rule 144, or any successor provision,

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under the Act, of any Transfer Restricted Securities, and not to effect any such
public sale or distribution of any other securities of the Company or Parent or
of any stock convertible into or exchangeable or exercisable for any securities
of the Company or Parent (in each case, other than as part of such Public
Offering) during the 14 days prior to the effective date of such registration
statement (except as part of such registration) or during the period after such
effective date equal to the lesser of (i) such period of time as agreed between
such managing underwriter, the Company and Parent and (ii) 180 days (such lesser
period, the "APPLICABLE HOLDBACK PERIOD").

         SECTION 7. Warrant Shelf Registration. (a) If any Warrants are included
in a Demand Registration, Parent shall prepare and cause to be filed with the
Commission on or prior to 30 days (or, if the Warrants are not at such time of
the same class as securities listed on a national securities exchange or quoted
in a U.S. automated system (as determined pursuant to Rule 144A under the Act,
90 days)) after the date of the Demand Registration Request, pursuant to Rule
415 under the Act, a Registration Statement (each a "WARRANT SHELF REGISTRATION
STATEMENT") on the appropriate form relating to resales of Transfer Restricted
Warrant Securities by the Holders thereof. Parent shall use its reasonable best
efforts to cause the Warrant Shelf Registration Statement to be declared
effective by the Commission on or before 90 days (or, if the Warrants are not at
such time of the same class as securities listed on a national securities
exchange or quoted in a U.S. automated system (as determined pursuant to Rule
144A under the Act, 180 days), after the date the Demand Registration is
effected.

         To the extent necessary to ensure that the Warrant Shelf Registration
Statement is available for sales of Transfer Restricted Warrant Securities by
the Holders thereof entitled to the benefit of this Section 7(a), Parent shall
use its reasonable best efforts to keep any Warrant Shelf Registration Statement
required by this Section 7(a) continuously effective, supplemented, amended and
current as required by and subject to the provisions of Section 8(b) hereof and
in conformity with the requirements of this Agreement, the Act and the policies,
rules and regulations of the Commission as announced from time to time, until
the earlier of (i) two years following the first date as of which no Warrants
remain outstanding and (ii) if all of the Warrants expire unexercised, the
Expiration Date; provided that such obligation shall expire before such date if
Parent delivers to the Warrant Agent (if there is a Warrant Agent at such time,
or, if there is no Warrant Agent, to the Holders) a written opinion of counsel
to Parent (which opinion of counsel shall be satisfactory to Parent) that all
Holders (other than Affiliates of Parent) of Warrants and Warrant Shares may
resell the Warrants and the Warrant Shares without registration under the Act
and without restriction as to the manner, timing or volume of any such sale and
instruct the Warrant Agent to (or if there is no Warrant Agent, Parent shall)
remove the private placement legend from all Warrants and Warrant Shares;
provided, further, that notwithstanding the foregoing, any Affiliate of Parent
may, with notice to Parent, require Parent to keep the Registration Statement
continuously effective for resales by such Affiliate for so long as such
Affiliate holds Warrants or Warrant Shares, including as a result of any
market-making activities or other trading activities of such Affiliate.

                  (b) Provision by Holders of Certain Information in Connection
with the Warrant Shelf Registration Statement. No Holder of Transfer Restricted
Warrant Securities may include any of its Transfer Restricted Warrant Securities
in any Warrant Shelf Registration Statement pursuant to this Agreement unless
and until such Holder furnishes to Parent in writing the information specified
in Item 507 or 508 of Regulation S-K, as applicable, of the Act for use

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in connection with any Warrant Shelf Registration Statement or Prospectus or
preliminary Prospectus included therein. Each Selling Holder agrees to promptly
furnish additional information required to be disclosed in order to make the
information previously furnished to Parent by such Holder not materially
misleading.

         Parent will promptly prepare and file a Prospectus supplement including
such information provided by any Holder to the extent that such Holder
reasonably determines that a Prospectus supplement is required in connection
with such Holder's sale of Transfer Restricted Warrant Securities under the
Warrant Shelf Registration Statement and so notifies Parent.

         SECTION 8. Registration Procedures.

         (a) General. Whenever Holders request that any Transfer Restricted
Securities be registered pursuant to Sections 3, 4 or 5, the Company or Parent,
as the case may be, will, subject to the provisions of such Sections, use its
reasonable best efforts to effect the registration and the sale of such Transfer
Restricted Securities in accordance with the intended method of disposition
thereof as quickly as practicable, and in connection with any such request:

                  (i) The Company or Parent, as the case may be, will as
expeditiously as possible prepare and file with the Commission a registration
statement on any form, subject to Section 4(f), for which the Company or Parent,
as the case may be, then qualifies or which counsel for the Company or Parent,
as the case may be, shall deem appropriate and which form shall be available for
the sale of the Transfer Restricted Securities to be registered thereunder in
accordance with the intended method of distribution thereof, and use its
reasonable best efforts to cause such filed registration statement to become and
remain effective for a period of not less than 180 days.

                  (ii) The Company or Parent, as the case may be, will, if
requested, prior to filing a registration statement or prospectus or any
amendment or supplement thereto, furnish to participating Holder and each
underwriter, if any, of the Transfer Restricted Securities covered by such
registration statement copies of such registration statement as proposed to be
filed, and thereafter the Company or Parent, as the case may be, will furnish to
such Holder and underwriter, if any, such number of copies of such registration
statement, each amendment and supplement thereto (in each case including all
exhibits thereto and documents incorporated by reference therein), the
prospectus included in such registration statement (including each preliminary
prospectus) and such other documents as such Holder or underwriter may
reasonably request in order to facilitate the disposition of the Transfer
Restricted Securities owned by such Holder.

                  (iii) After the filing of the registration statement, the
Company or Parent, as the case may be, will promptly notify each Holder holding
Transfer Restricted Securities covered by such registration statement of any
stop order issued or threatened by the Commission and take all reasonable
actions required to prevent the entry of such stop order or to remove it if
entered.

                  (iv) The Company or Parent, as the case may be, will use its
reasonable best efforts to (A) register or qualify the Transfer Restricted
Securities covered by such

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registration statement under such other securities or blue sky laws of such
jurisdictions in the United States as any Holder holding such Transfer
Restricted Securities reasonably (in light of such Holder's intended plan of
distribution) requests and (B) cause such Transfer Restricted Securities to be
registered with or approved by such other governmental agencies or authorities
as may be necessary by virtue of the business and operations of the Company or
Parent, as the case may be, and do any and all other acts and things that may be
reasonably necessary or advisable to enable such Holder to consummate the
disposition of the Transfer Restricted Securities owned by such Holder; provided
that the Company or Parent, as the case may be, will not be required to (1)
qualify generally to do business in any jurisdiction where it would not
otherwise be required to qualify but for this clause (iv), (2) subject itself to
taxation in any such jurisdiction or (3) consent to general service of process
in any such jurisdiction.

                  (v) The Company or Parent, as the case may be, will
immediately notify each Holder holding such Transfer Restricted Securities, at
any time when a prospectus relating thereto is required to be delivered under
the Act, of the occurrence of an event requiring the preparation of a supplement
or amendment to such prospectus so that, as thereafter delivered to the
purchasers of such Transfer Restricted Securities, such prospectus will not
contain an untrue statement of a material fact or omit to state any material
fact required to be stated therein or necessary to make the statements therein
not misleading and promptly prepare and make available to each such Holder any
such supplement or amendment.

                  (vi) The Holder will have the right, in its sole discretion,
to select an underwriter or underwriters in connection with any Public Offering.
In connection with any Public Offering, the Company or Parent, as the case may
be, will enter into customary agreements (including an underwriting agreement in
customary form) and take such other actions as are reasonably required in order
to expedite or facilitate the disposition of Transfer Restricted Securities in
any such Public Offering, including, if necessary, the engagement of a
"qualified independent underwriter" in connection with the qualification of the
underwriting arrangements with the NASD.

                  (vii) Upon the execution of confidentiality agreements in form
and substance satisfactory to the Company or Parent, as the case may be, the
Company or Parent, as the case may be, will make available for inspection by any
Holder and any underwriter participating in any disposition pursuant to a
registration statement being filed by the Company or Parent, as the case may be,
pursuant to this Section 8 and any attorney, accountant or other professional
retained by any such Holder or underwriter (collectively, the "INSPECTORS"), all
financial and other records, pertinent corporate documents and properties of the
Company or Parent, as the case may be, (collectively, the "RECORDS") as shall be
reasonably necessary to enable them to exercise their due diligence
responsibility, and cause the Company's or Parent's, as the case may be,
officers, directors and employees to supply all information reasonably requested
by any Inspectors in connection with such registration statement. Records that
the Company or Parent, as the case may be, determines, in good faith, to be
confidential and that it notifies the Inspectors are confidential shall not be
disclosed by the Inspectors unless (A) the disclosure of such Records is
necessary to avoid or correct a misstatement or omission in such registration
statement or (B) the release of such Records is ordered pursuant to a subpoena
or other order from a court of competent jurisdiction. Each Holder agrees that
information obtained by it as a result of such inspections shall be deemed
confidential and shall not be used by it as the

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basis for any market transactions in Company's or Parent's securities unless and
until such information is made generally available to the public. Each Holder
further agrees that it will, upon learning that disclosure of such Records is
sought in a court of competent jurisdiction, give notice to the Company or
Parent, as the case may be, and allow the Company or Parent, as the case may be,
at its expense, to undertake appropriate action to prevent disclosure of the
Records deemed confidential.

                           (viii) The Company or Parent, as the case may be,
will furnish to each such Holder and to each such underwriter, if any, a signed
counterpart, addressed to such underwriter, of (A) an opinion or opinions of
counsel to the Company or Parent, as the case may be, and (B) a comfort letter
or comfort letters from the Company's or Parent's, as the case may be,
independent public accountants, each in customary form and covering such matters
of the type customarily covered by opinions or comfort letters, as the case may
be, as a majority of such Holders or the managing underwriter therefor
reasonably requests.

         The Company or Parent, as the case may be, may require each such Holder
to promptly furnish in writing to the Company or Parent, as the case may be,
such information regarding the distribution of the Transfer Restricted
Securities as the Company or Parent, as the case may be, may from time to time
reasonably request and such other information as may be legally required in
connection with such registration.

         Each such Holder agrees that, upon receipt of any notice from the
Company or Parent, as the case may be, of the happening of any event of the kind
described in Section 8(a)(v), such Holder will forthwith discontinue disposition
of Transfer Restricted Securities pursuant to the registration statement
covering such Transfer Restricted Securities until such Holder's receipt of the
copies of the supplemented or amended prospectus contemplated by Section
8(a)(v), and, if so directed by the Company or Parent, as the case may be, such
Holder will deliver to the Company or Parent, as the case may be, all copies,
other than any permanent file copies then in such Holder's possession, of the
most recent prospectus covering such Transfer Restricted Securities at the time
of receipt of such notice. In the event that the Company or Parent, as the case
may be, shall give such notice, the Company or Parent, as the case may be, shall
extend the period during which such registration statement shall be maintained
effective (including the period referred to in Section 8(a)(i)) by the number of
days during the period from and including the date of the giving of notice
pursuant to Section 8(a)(v) to the date when the Company or Parent, as the case
may be, shall make available to such Holder a prospectus supplemented or amended
to conform with the requirements of Section 8(a)(v).

                  (b) Special Warrant Shelf Registration Procedures. In
connection with any Warrant Shelf Registration Statement and any related
Prospectus required by this Agreement, Parent shall:

                           (i) use its reasonable best efforts to keep such
Warrant Shelf Registration Statement continuously effective and provide all
requisite financial statements for the period specified in Section 7 of this
Agreement. Upon the occurrence of any event that would cause any such Warrant
Shelf Registration Statement or the Prospectus contained therein (A) to contain
an untrue statement of material fact or omit to state any material fact
necessary to make the statements therein not misleading or (B) not to be
effective and usable for resale of the

                                       11
<PAGE>   12

relevant Transfer Restricted Warrant Securities during the period required by
this Agreement, Parent shall file as promptly as practicable an appropriate
amendment to such Warrant Shelf Registration Statement curing such defect, and,
if Commission review is required, use reasonable best efforts to cause such
amendment to be declared effective as soon as practicable;

                           (ii) prepare and file with the Commission such
amendments and post-effective amendments to the Warrant Shelf Registration
Statement as may be necessary to keep such Warrant Shelf Registration Statement
effective for the period set forth in Section 7 hereof; cause the Prospectus to
be supplemented by any required Prospectus supplement, and as so supplemented to
be filed pursuant to Rule 424 under the Act, and to comply fully with Rules 424,
430A and 462, as applicable, under the Act in a timely manner; and comply with
the provisions of the Act with respect to the disposition of all securities
covered by such Warrant Shelf Registration Statement during the applicable
period in accordance with the intended method or methods of distribution by the
sellers thereof set forth in such Warrant Shelf Registration Statement or
supplement to the Prospectus;

                           (iii) advise each Holder promptly and, if requested
by such person, confirm such advice in writing, (A) when the Prospectus or any
Prospectus supplement or post-effective amendment has been filed, and, with
respect to any Warrant Shelf Registration Statement or any post-effective
amendment thereto, when the same has become effective, (B) of any request by the
Commission for amendments to the Warrant Shelf Registration Statement or
amendments or supplements to the Prospectus or for additional information
relating thereto, (C) of the issuance by the Commission of any stop order
suspending the effectiveness of the Warrant Shelf Registration Statement under
the Act or of the suspension by any state securities commission of the
qualification of the relevant Transfer Restricted Warrant Securities for
offering or sale in any jurisdiction, or the initiation of any proceeding for
any of the preceding purposes, and (D) of the existence of any fact or the
happening of any event that makes any statement of a material fact made in the
Warrant Shelf Registration Statement, the Prospectus, any amendment or
supplement thereto or any document incorporated by reference therein untrue, or
that requires the making of any additions to or changes in the Warrant Shelf
Registration Statement in order to make the statements therein not misleading,
or that requires the making of any additions to or changes in the Prospectus in
order to make the statements therein, in the light of the circumstances under
which they were made, not misleading. If at any time the Commission shall issue
any stop order suspending the effectiveness of the Warrant Shelf Registration
Statement, or any state securities commission or other regulatory authority
shall issue an order suspending the qualification or exemption from
qualification of the relevant Transfer Restricted Warrant Securities under state
securities or Blue Sky laws, Parent shall use reasonable best efforts to obtain
the withdrawal or lifting of such order at the earliest possible time;

                           (iv) subject to Section 8(b)(i), if any fact or event
contemplated by Section 8(b)(iii)(D) above shall exist or have occurred, prepare
a supplement or post-effective amendment to the Warrant Shelf Registration
Statement or related Prospectus or any document incorporated therein by
reference or file any other required document so that, as thereafter delivered
to the purchasers of the relevant Transfer Restricted Warrant Securities, the
Prospectus will not contain an untrue statement of a material fact or omit to
state any material fact necessary

                                       12
<PAGE>   13

to make the statements therein, in the light of the circumstances under which
they were made, not misleading;

                           (v) furnish to each Holder in connection with such
exchange or sale, if any, before filing with the Commission, copies of any
Warrant Shelf Registration Statement or any Prospectus included therein or any
amendments or supplements to any such Warrant Shelf Registration Statement or
Prospectus (including all documents incorporated by reference after the initial
filing of such Warrant Shelf Registration Statement), which documents will be
subject to the review and comment of such persons in connection with such sale,
if any, for a period of at least five business days, and Parent will not file
any such Warrant Shelf Registration Statement or Prospectus or any amendment or
supplement to any such Warrant Shelf Registration Statement or Prospectus
(including all such documents incorporated by reference) to which such persons
shall reasonably object within five business days after the receipt thereof.
Such person shall be deemed to have reasonably objected to such filing if such
Warrant Shelf Registration Statement, amendment, Prospectus or supplement, as
applicable, as proposed to be filed, contains an untrue statement of a material
fact or omit to state any material fact necessary to make the statements therein
not misleading or fails to comply with the applicable requirements of the Act;

                           (vi) promptly prior to the filing of any document
that is to be incorporated by reference into a Warrant Shelf Registration
Statement or Prospectus, provide copies of such document to each Holder in
connection with such exchange or sale, if any, make Parent's representatives
available for discussion of such document and other customary due diligence
matters, and include such information in such document prior to the filing
thereof as such persons may reasonably request;

                           (vii) make available, at reasonable times, for
inspection by each Holder and any attorney or accountant retained by such
persons, all financial and other records, pertinent corporate documents of
Parent and cause Parent's officers, directors and employees to supply all
information reasonably requested by any such persons, attorney or accountant in
connection with such Warrant Shelf Registration Statement or any post-effective
amendment thereto subsequent to the filing thereof and prior to its
effectiveness;

                           (viii) if requested by any Holders in connection with
such exchange or sale, promptly include in any Warrant Shelf Registration
Statement or Prospectus, pursuant to a supplement or post-effective amendment if
necessary, such information as such persons may reasonably request to have
included therein, including, without limitation, information relating to the
"Plan of Distribution" of the relevant Transfer Restricted Warrant Securities
and the use of the Warrant Shelf Registration Statement or Prospectus for market
making activities; and make all required filings of such Prospectus supplement
or post-effective amendment as soon as practicable after Parent is notified of
the matters to be included in such Prospectus supplement or post-effective
amendment;

                           (ix) furnish to each Holder in connection with such
exchange or sale, without charge, at least one copy of the Warrant Shelf
Registration Statement, as first filed with the Commission, and of each
amendment thereto, including all documents incorporated by reference therein and
all exhibits (including exhibits incorporated therein by reference);

                                       13
<PAGE>   14

                           (x) deliver to each Holder and each Affiliated Market
Maker without charge, as many copies of the Prospectus (including each
preliminary prospectus) and any amendment or supplement thereto as such persons
reasonably may request; Parent hereby consents to the use (in accordance with
law) of the Prospectus and any amendment or supplement thereto by each selling
person in connection with the offering and the sale of the Transfer Restricted
Warrant Securities covered by the Prospectus or any amendment or supplement
thereto;

                           (xi) upon the request of any Holder, enter into such
agreements (including underwriting agreements) and make such representations and
warranties and take all such other actions in connection therewith in order to
expedite or facilitate the disposition of the Transfer Restricted Warrant
Securities pursuant to any applicable Warrant Shelf Registration Statement
contemplated by this Agreement as may be reasonably requested by any Holder in
connection with any sale or resale pursuant to any applicable Warrant Shelf
Registration Statement. In such connection, and also in connection with market
making activities by any Affiliated Market Maker, Parent shall:

                                    (A) upon request of any person, furnish (or
in the case of Sections 8(b)(xi)(A)(2) and 8(b)(xi)(A)(3), use reasonable best
efforts to cause to be furnished) to each person, upon the effectiveness of the
Warrant Shelf Registration Statement or in connection with any sale of the
Warrants (or Warrant Shares) pursuant to the Warrant Shelf Registration
Statement:

                                             (1) a certificate, dated such date,
signed on behalf of Parent by (x) the chief executive officer and (y) the
principal financial or accounting officer of Parent confirming, as of the date
thereof, such matters as are customary in connection with public offerings of
securities similar to the Warrants (or Warrant Shares) as such person may
reasonably request;

                                             (2) an opinion, dated the date of
effectiveness of the Warrant Shelf Registration Statement or the closing date of
such sale of Warrants (or Warrant Shares) of counsel for Parent covering matters
as are customary for public offerings of securities similar to the Warrants (or
Warrant Shares) and such other matters as such person may reasonably request,
and in any event including a statement to the effect that such counsel has
participated in conferences with officers and other representatives of Parent
and representatives of the independent public accountants for Parent and have
considered the matters required to be stated therein and the statements
contained therein, although such counsel has not independently verified the
accuracy, completeness or fairness of such statements; and that such counsel
advises that, on the basis of the foregoing (relying as to materiality to the
extent such counsel deems appropriate upon the statements of officers and other
representatives of Parent and without independent check or verification), no
facts came to such counsel's attention that caused such counsel to believe that
the applicable Warrant Shelf Registration Statement, at the time such Warrant
Shelf Registration Statement or any post-effective amendment thereto became
effective and, in the case of any sale pursuant to a Warrant Shelf Registration
Statement, as of the date of the purchase agreement for such sale and the
closing date therefor, contained an untrue statement of a material fact or
omitted to state a material fact required to be stated therein or necessary to
make the statements therein not misleading, or that the Prospectus contained in
such Warrant

                                       14
<PAGE>   15

Shelf Registration Statement as of its date and, in the case of the opinion
dated the closing date of a sale, as of the closing date of such sale, as
applicable, contained an untrue statement of a material fact or omitted to state
a material fact necessary in order to make the statements therein, in the light
of the circumstances under which they were made, not misleading. Without
limiting the foregoing, such counsel may state further that such counsel assumes
no responsibility for, and has not independently verified, the accuracy,
completeness or fairness of the financial statements, notes and schedules and
other financial data included in any Warrant Shelf Registration Statement
contemplated by this Agreement or the related Prospectus; and

                                             (3) a customary comfort letter,
dated the date of effectiveness of the Warrant Shelf Registration Statement, or
as of the date of closing of a sale pursuant to the Warrant Shelf Registration
Statement, as the case may be, from the independent accountants for Parent in
the customary form and covering matters of the type customarily covered in
comfort letters to underwriters in connection with underwritten offerings; and

                                    (B) deliver such other documents and
certificates as may be reasonably requested by the selling such persons to
evidence compliance with the matters covered in Section 8(b)(xi)(A) above and
with any customary conditions contained in any agreement entered into by Parent
pursuant to this Section 8(b)(xi);

                           (xii) prior to any public offering of Transfer
Restricted Warrant Securities, cooperate with the selling Holders and their
counsel in connection with the registration and qualification of the Transfer
Restricted Warrant Securities under the securities or Blue Sky laws of such
jurisdictions as the selling Holders may request and do any and all other acts
or things necessary or advisable to enable the disposition in such jurisdictions
of the Transfer Restricted Warrant Securities covered by the applicable Warrant
Shelf Registration Statement; provided, however, that Parent shall not be
required to register or qualify as a foreign corporation where it is not now so
qualified or to take any action that would subject it to the service of process
in suits or to taxation, other than as to matters and transactions relating to
the Warrant Shelf Registration Statement, in any jurisdiction where it is not
now so subject;

                           (xiii) in connection with any sale of Transfer
Restricted Warrant Securities that will result in such securities no longer
being Transfer Restricted Warrant Securities, cooperate with the Holders to
facilitate the timely preparation and delivery of certificates representing
Transfer Restricted Warrant Securities to be sold and not bearing any
restrictive legends; and to register such Transfer Restricted Warrant Securities
in such denominations and such names as the selling Holders may request at least
two business days prior to such sale of Transfer Restricted Warrant Securities;

                           (xiv) use their respective reasonable best efforts to
cause the disposition of the Transfer Restricted Warrant Securities covered by
the Warrant Shelf Registration Statement to be registered with or approved by
such other governmental agencies or authorities as may be necessary to enable
the seller or sellers thereof to consummate the disposition of such Transfer
Restricted Warrant Securities, subject to the proviso contained in Section
8(b)(xii) above;

                                       15
<PAGE>   16

                           (xv) otherwise use its reasonable best efforts to
comply with all applicable rules and regulations of the Commission, and make
generally available to its security holders with regard to any applicable
Warrant Shelf Registration Statement, as soon as practicable, a consolidated
earnings statement meeting the requirements of Rule 158 (which need not be
audited) covering a twelve-month period beginning after the effective date of
the Warrant Shelf Registration Statement (as such term is defined in paragraph
(c) of Rule 158 under the Act);

                           (xvi) provide promptly to each Holder and Affiliated
Market Maker, upon request, each document filed with the Commission pursuant to
the requirements of Section 13 or Section 15(d) of the Exchange Act.

         Each Holder agrees by acquisition of a Transfer Restricted Security
agrees that, upon receipt of the notice referred to in Section 8(b)(iii)(C) or
any notice from the Company (in the case of a Note Registration Statement) or
Parent (in the case of a Warrant Registration Statement) of the existence of any
fact of the kind described in Section 8(b)(iii)(D) hereof (in each case, a
"SUSPENSION NOTICE"), such person will forthwith discontinue disposition of
Transfer Restricted Securities pursuant to the applicable Registration Statement
until (i) such person has received copies of the supplemented or amended
Prospectus contemplated by Section 8(b)(iv) hereof, or (ii) such person is
advised in writing by the Company or Parent, as applicable, that the use of the
Prospectus may be resumed, and has received copies of any additional or
supplemental filings that are incorporated by reference in the Prospectus (in
each case, the "RECOMMENCEMENT DATE"). Each person receiving a Suspension Notice
hereby agrees that it will either (i) destroy any Prospectuses, other than
permanent file copies, then in such person's possession which have been replaced
by the Company or Parent, as applicable with more recently dated Prospectuses or
(ii) deliver to the Company or Parent, as applicable (at the Company's or
Parent's expense) all copies, other than permanent file copies, then in such
person's possession of the Prospectus covering such Transfer Restricted
Securities that was current at the time of receipt of the Suspension Notice. The
time period regarding the effectiveness of such Registration Statement set forth
in Section 4 or Section 7 hereof, as applicable, shall be extended by a number
of days equal to the number of days in the period from and including the date of
delivery of the Suspension Notice to the date of delivery of the Recommencement
Date.

         SECTION 9. Registration Expenses.

                  (a) All expenses incident to the Company's and Parent's
performance of or compliance with this Agreement will be borne by the Company or
Parent, as the case may be, regardless of whether a Registration Statement
becomes effective, including without limitation: (i) all registration and filing
fees and expenses; (ii) all fees and expenses of compliance with federal
securities and state Blue Sky or securities laws (including without limitation
the costs and expenses of any Trustee selected pursuant to the requirements of
the Trust Indenture Act); (iii) all expenses of printing (including printing of
Prospectuses whether for sales, market making or otherwise), messenger and
delivery services and telephone; (iv) all fees and disbursements of counsel for
the Company, Parent and the Holders of Transfer Restricted Securities; (v) all
application and filing fees in connection with listing the Warrants or the
Warrant Shares on a national securities exchange or automated quotation system
pursuant to the requirements hereof;

                                       16
<PAGE>   17

and (vi) all fees and disbursements of independent certified public accountants
of the Company and Parent (including the expenses of any special audit and
comfort letters required by or incident to such performance).

         The Company and Parent will each, in any event, bear its respective
internal expenses (including, without limitation, all salaries and expenses of
its officers and employees performing legal or accounting duties), the expenses
of any annual audit and the fees and expenses of any person, including special
experts, retained by the Company or Parent.

         The Holders will bear any underwriting discounts and commissions
incurred in connection with the resale of any of their securities.

                  (b) In connection with any Registration Statement required by
this Agreement, the Company or Parent, as the case may be, will reimburse the
Buyers and the Holders of Transfer Restricted Securities who are selling or
reselling Transfer Restricted Notes pursuant to the "Plan of Distribution"
contained in a Note Registration Statement or selling or reselling Warrants or
Warrant Shares pursuant to a Warrant Registration Statement, as applicable, for
the reasonable fees and disbursements of not more than one counsel, who shall be
Weil, Gotshal & Manges LLP, unless another firm shall be chosen by the Holders
of a majority in principal amount of the Transfer Restricted Securities for
whose benefit such Registration Statement is being prepared.

         SECTION 10. Indemnification.

                  (a) The Company agrees to indemnify and hold harmless each
Holder, its directors, officers and each person, if any, who controls such
Holder (within the meaning of Section 15 of the Act or Section 20 of the
Exchange Act), from and against any and all losses, claims, damages,
liabilities, judgments, (including without limitation, any legal or other
expenses incurred in connection with investigating or defending any matter,
including any action that could give rise to any such losses, claims, damages,
liabilities or judgments) (collectively, "LOSSES") caused by any untrue
statement or alleged untrue statement of a material fact contained in any
Registration Statement, preliminary prospectus or Prospectus (or any amendment
or supplement thereto) provided by the Company to any Holder or any prospective
purchaser of Notes or caused by any omission or alleged omission to state
therein a material fact required to be stated therein or necessary to make the
statements therein not misleading, except insofar as such Losses are caused by
an untrue statement or omission or alleged untrue statement or omission that is
based upon information relating to any of the Holders furnished in writing to
the Company by any of the Holders; provided that the Company shall not be liable
to any Holder, its directors, officers and any controlling person for any Losses
that are caused by any untrue statement or alleged untrue statement of a
material fact if (i) such Holder was required by law to send or deliver, and
failed to send or deliver, a copy of the Prospectus with or prior to delivery of
written confirmation of the sale by such Holder to the person asserting the
claims from which such Losses arise and (ii) the Prospectus would have corrected
such untrue statement or alleged untrue statement or omission or alleged
omission.

         Parent agrees to indemnify and hold harmless each Holder, its
directors, officers and each person, if any, who controls such Holder (within
the meaning of Section 15 of the Act or

                                       17
<PAGE>   18

Section 20 of the Exchange Act), from and against any and all Losses caused by
any untrue statement or alleged untrue statement of a material fact contained in
any Registration Statement, preliminary prospectus or Prospectus (or any
amendment or supplement thereto) provided by Parent to any Holder or any
prospective purchaser of registered Warrants or Warrant Shares, or caused by any
omission or alleged omission to state therein a material fact required to be
stated therein or necessary to make the statements therein not misleading,
except insofar as such Losses are caused by an untrue statement or omission or
alleged untrue statement or omission that is based upon information relating to
any of the Holders furnished in writing to Parent by any of the Holders;
provided that Parent shall not be liable to any Holder, its directors, officers
and any controlling person for any Losses that are caused by any untrue
statement or alleged untrue statement of a material fact if (i) such Holder was
required by law to send or deliver, and failed to send or deliver, a copy of the
Prospectus with or prior to delivery of written confirmation of the sale by such
Holder to the person asserting the claims from which such Losses arise and (ii)
the Prospectus would have corrected such untrue statement or alleged untrue
statement or omission or alleged omission.

                  (b) Each Holder of Transfer Restricted Securities agrees,
severally and not jointly, to indemnify and hold harmless the Company (in the
case of any Note Registration Statement) or Parent (in the case of any Warrant
Registration Statement), and their respective directors and officers, and each
person, if any, who controls (within the meaning of Section 15 of the Act or
Section 20 of the Exchange Act) the Company or Parent, as applicable, to the
same extent as the foregoing indemnity from the Company or Parent, as
applicable, set forth in Section 10(a) above, but only with reference to
information relating to such Holder furnished in writing to the Company or
Parent, as applicable, by such Holder expressly for use in such Registration
Statement. In no event shall any Holder, its directors, officers or any person
who controls such Holder be liable or responsible for any amount in excess of
the amount by which the total amount received by such Holder with respect to its
sale of Transfer Restricted Securities pursuant to a Registration Statement
exceeds (i) the amount paid by such Holder for such Transfer Restricted
Securities and (ii) the amount of any damages that such Holder, its directors,
officers or any person who controls such Holder has otherwise been required to
pay by reason of such untrue or alleged untrue statement or omission or alleged
omission.

                  (c) In case any action shall be commenced involving any person
in respect of which indemnity may be sought pursuant to Section 10(a) or 10(b)
(the "INDEMNIFIED PARTY"), the indemnified party shall promptly notify the
person against whom such indemnity may be sought (the "INDEMNIFYING PERSON") in
writing and the indemnifying party shall assume the defense of such action,
including the employment of counsel reasonably satisfactory to the indemnified
party and the payment of all fees and expenses of such counsel, as incurred
(except that in the case of any action in respect of which indemnity may be
sought pursuant to both Sections 10(a) and 10(b), a Holder shall not be required
to assume the defense of such action pursuant to this Section 10(c), but may
employ separate counsel and participate in the defense thereof, but the fees and
expenses of such counsel, except as provided below, shall be at the expense of
the Holder). Any indemnified party shall have the right to employ separate
counsel in any such action and participate in the defense thereof, but the fees
and expenses of such counsel shall be at the expense of the indemnified party
unless (i) the employment of such counsel shall have been specifically
authorized in writing by the indemnifying party, (ii) the indemnifying party
shall have failed to assume the defense of such action or employ counsel

                                       18
<PAGE>   19

reasonably satisfactory to the indemnified party or (iii) the named parties to
any such action (including any impleaded parties) include both the indemnified
party and the indemnifying party, and the indemnified party shall have been
advised by such counsel that there may be one or more legal defenses available
to it which are different from or additional to those available to the
indemnifying party (in which case the indemnifying party shall not have the
right to assume the defense of such action on behalf of the indemnified party).
In any such case, the indemnifying party shall not, in connection with any one
action or separate but substantially similar or related actions in the same
jurisdiction arising out of the same general allegations or circumstances, be
liable for the fees and expenses of more than one separate firm of attorneys (in
addition to any local counsel) for all indemnified parties and all such fees and
expenses shall be reimbursed as they are incurred. Such firm shall be designated
in writing by a majority of the Holders, in the case of the parties indemnified
pursuant to Section 10(a), and by the Company or Parent, as applicable, in the
case of parties indemnified pursuant to Section 10(b). The indemnifying party
shall indemnify and hold harmless the indemnified party from and against any and
all losses, claims, damages, liabilities and judgments by reason of any
settlement of any action (i) effected with its written consent or (ii) effected
without its written consent if the settlement is entered into more than twenty
business days after the indemnifying party shall have received a request from
the indemnified party for reimbursement for the fees and expenses of counsel (in
any case where such fees and expenses are at the expense of the indemnifying
party) and, prior to the date of such settlement, the indemnifying party shall
have failed to comply with such reimbursement request. No indemnifying party
shall, without the prior written consent of the indemnified party, effect any
settlement or compromise of, or consent to the entry of judgment with respect
to, any pending or threatened action in respect of which the indemnified party
is or could have been a party and indemnity or contribution may be or could have
been sought hereunder by the indemnified party, unless such settlement,
compromise or judgment (i) includes an unconditional release of the indemnified
party from all liability on claims that are or could have been the subject
matter of such action and (ii) does not include a statement as to or an
admission of fault, culpability or a failure to act, by or on behalf of the
indemnified party.

                  (d) To the extent that the indemnification provided for in
this Section 10 is unavailable to an indemnified party in respect of any losses,
claims, damages, liabilities or judgments referred to therein, then each
indemnifying party, in lieu of indemnifying such indemnified party, shall
contribute to the amount paid or payable by such indemnified party as a result
of such losses, claims, damages, liabilities or judgments (i) in such proportion
as is appropriate to reflect the relative benefits received by the Company (in
the case of any Note Registration Statement) or Parent (in the case of any
Warrant Registration Statement), on the one hand, and the Holders, on the other
hand, from their sale of Transfer Restricted Securities or (ii) if the
allocation provided by clause 10(d)(i) is not permitted by applicable law, in
such proportion as is appropriate to reflect not only the relative benefits
referred to in clause 10(d)(i) above but also the relative fault of the Company
or Parent, as applicable, on the one hand, and of the Holder, on the other hand,
in connection with the statements or omissions which resulted in such losses,
claims, damages, liabilities or judgments, as well as any other relevant
equitable considerations. The relative fault of the Company or Parent, as
applicable, on the one hand, and of the Holder, on the other hand, shall be
determined by reference to, among other things, whether the untrue or alleged
untrue statement of a material fact or the omission or alleged omission to state
a material fact relates to information supplied by the Company or Parent, as
applicable, on the one hand, or by the Holder, on the other hand, and the
parties' relative intent,

                                       19
<PAGE>   20

knowledge, access to information and opportunity to correct or prevent such
statement or omission.

         The Company, Parent and each Holder agree that it would not be just and
equitable if contribution pursuant to this Section 10(d) were determined by pro
rata allocation (even if the Holders were treated as one entity for such
purpose) or by any other method of allocation which does not take account of the
equitable considerations referred to in the immediately preceding paragraph. The
amount paid or payable by an indemnified party as a result of the losses,
claims, damages, liabilities or judgments referred to in the immediately
preceding paragraph shall be deemed to include, subject to the limitations set
forth above, any legal or other expenses incurred by such indemnified party in
connection with investigating or defending any matter, including any action,
that could have given rise to such losses, claims, damages, liabilities or
judgments. Notwithstanding the provisions of this Section 10, no Holder, its
directors, its officers or any person, if any, who controls such Holder shall be
required to contribute, in the aggregate, any amount in excess of the amount by
which the total received by such Holder with respect to the sale of Transfer
Restricted Securities pursuant to a Registration Statement exceeds (i) the
amount paid by such Holder for such Transfer Restricted Securities and (ii) the
amount of any damages which such Holder has otherwise been required to pay by
reason of such untrue or alleged untrue statement or omission or alleged
omission. No person guilty of fraudulent misrepresentation (within the meaning
of Section 11(f) of the Act) shall be entitled to contribution from any person
who was not guilty of such fraudulent misrepresentation. The Holders'
obligations to contribute pursuant to this Section 10(d) are several in
proportion to the respective principal amount of Transfer Restricted Securities
held by each Holder hereunder and not joint.

         SECTION 11. Rule 144A and Rule 144.

         Each of the Company and Parent agrees with each Holder, for so long as
any Transfer Restricted Securities remain outstanding and during any period in
which such person (i) is not subject to Section 13 or 15(d) of the Exchange Act,
to make available, upon request of any Holder, to such Holder or beneficial
owner of Transfer Restricted Securities in connection with any sale thereof and
any prospective purchaser of such Transfer Restricted Securities designated by
such Holder or beneficial owner, the information required by Rule 144A(d)(4)
under the Act in order to permit resales of such Transfer Restricted Securities
pursuant to Rule 144A, and (ii) is subject to Section 13 or 15(d) of the
Exchange Act, to make all filings required thereby in a timely manner in order
to permit resales of such Transfer Restricted Securities pursuant to Rule 144.

         SECTION 12. Miscellaneous.

                  (a) Remedies. The Company and Parent acknowledge and agree
that any failure by the Company and/or Parent to comply with their respective
obligations under Section 4 or Section 7 hereof may result in material
irreparable injury to the Buyers or the Holders for which there is no adequate
remedy at law, that it will not be possible to measure damages for such injuries
precisely and that, in the event of any such failure, the Buyers or any Holder
may obtain such relief as may be required to specifically enforce the Company's
obligations under Section 4 hereof and Parent's obligations under Section 4 and
Section 7 hereof. The Company

                                       20
<PAGE>   21

and Parent further agree to waive the defense in any action for specific
performance that a remedy at law would be adequate.

                  (b) No Inconsistent Agreements. Neither the Company nor Parent
will, on or after the date of this Agreement, enter into any agreement with
respect to its securities that is inconsistent with the rights granted to the
Holders in this Agreement or otherwise conflicts with the provisions hereof.
Neither the Company nor Parent has previously entered into any agreement
granting any registration rights with respect to its securities to any person
other than the Amended and Restated Stockholders Agreement dated as of June 6,
1997 among Parent and the investors and stockholders party thereto as in effect
on the date hereof. The rights granted to the Holders hereunder do not in any
way conflict with and are not inconsistent with the rights granted to the
holders of the Company's and Parent's securities under any agreement in effect
on the date hereof.

                  (c) Amendments and Waivers. The provisions of this Agreement
may not be amended, modified or supplemented, and waivers or consents to or
departures from the provisions hereof may not be given unless (i) in the case of
this clause 12(c)(i), the Company and Parent have obtained the written consent
of Holders of all outstanding Transfer Restricted Securities, (ii) in the case
of all other provisions hereof with respect to the Transfer Restricted Notes,
the Company has obtained the written consent of Holders of a majority of the
outstanding principal amount of Transfer Restricted Notes and (iii) in the case
of all other provisions hereof with respect to the Transfer Restricted Warrant
Securities, Parent has obtained the written consent of Holders of a majority of
the outstanding principal amount of Transfer Restricted Warrant Securities
(excluding in each case Transfer Restricted Securities held by Parent, the
Company and any Affiliate of the Company or Parent other than the Buyers).

                  (d) Third Party Beneficiary. The Holders shall be third party
beneficiaries to the agreements made hereunder between the Company and Parent,
on the one hand, and the Buyers, on the other hand, and shall have the right to
enforce such agreements directly to the extent they may deem such enforcement
necessary or advisable to protect their rights or the rights of Holders and
Affiliated Market Makers hereunder.

                  (e) Notices. All notices and other communications provided for
or permitted hereunder shall be made in writing by hand-delivery, first-class
mail (registered or certified, return receipt requested), telex, telecopier, or
air courier guaranteeing overnight delivery:

                           (i) if to a Holder of Notes: at the address set forth
on the records of the Registrar under the Indenture or the Notes, as applicable,
with a copy to the Registrar (if other than the Company) under the Indenture;

                           (ii) if to a Holder of Warrants and/or Warrant
Shares, at the address set forth on the records of the Company; and

                                       21
<PAGE>   22

                           (iii) if to the HMTF Buyers, to:

                                    c/o Hicks, Muse, Tate & Furst Incorporated
                                    200 Crescent Court, Suite 1600
                                    Dallas, Texas 75201
                                    Attention: Jack D. Furst
                                    Fax: (214) 740-7313

                           (iv) if to the Company and/or Parent

                                    Viasystems Group, Inc.
                                    101 South Hanley Road, Suite 400
                                    St. Louis, Missouri 63105
                                    Attention: David M. Sindelar
                                    Fax: (314) 746-2299

                                    with a copy to:

                                    R. Scott Cohen, Esq.
                                    Weil, Gotshal & Manges LLP
                                    100 Crescent Court
                                    Suite 1300
                                    Dallas, TX 75201-6950
                                    Fax: (214) 746-7777

         All such notices and communications shall be deemed to have been duly
given: at the time delivered by hand, if personally delivered; five business
days after being deposited in the mail, postage prepaid, if mailed; when receipt
acknowledged, if telecopied; and on the next business day, if timely delivered
to an air courier guaranteeing overnight delivery.

         Copies of all such notices, demands or other communications shall be
concurrently delivered by the person giving the same to the Trustee (if there is
a Trustee as of such date) and the Warrant Agent (if there is a Warrant Agent as
of such date) at the address specified in the Indenture and in the terms of the
Warrant, respectively.

                  (f) Successors and Assigns. This Agreement shall inure to the
benefit of and be binding upon the successors and assigns of each of the
parties, including without limitation and without the need for an express
assignment, subsequent Holders; provided, that nothing herein shall be deemed to
permit any assignment, transfer or other disposition of Transfer Restricted
Securities in violation of the terms hereof or of the Subscription Agreement,
the Indenture or the Warrants. If any transferee of any Holder shall acquire
Transfer Restricted Securities in any manner, whether by operation of law or
otherwise, such Transfer Restricted Securities shall be held subject to all of
the terms of this Agreement, and by taking and holding such Transfer Restricted
Securities such person shall be conclusively deemed to have agreed to be bound
by and to perform all of the terms and provisions of this Agreement and such
person shall be entitled to receive the benefits hereof.

                                       22
<PAGE>   23

                  (g) Counterparts. This Agreement may be executed in any number
of counterparts and by the parties hereto in separate counterparts, each of
which when so executed shall be deemed to be an original and all of which taken
together shall constitute one and the same agreement.

                  (h) Headings. The headings in this Agreement are for
convenience of reference only and shall not limit or otherwise affect the
meaning hereof.

                  (i) Governing Law. THIS AGREEMENT SHALL BE GOVERNED BY AND
CONSTRUED IN ACCORDANCE WITH THE LAWS OF THE STATE OF NEW YORK, WITHOUT REGARD
TO THE CONFLICT OF LAW RULES THEREOF.

                  (j) Severability. In the event that any one or more of the
provisions contained herein, or the application thereof in any circumstance, is
held invalid, illegal or unenforceable, the validity, legality and
enforceability of any such provision in every other respect and of the remaining
provisions contained herein shall not be affected or impaired thereby.

                  (k) Entire Agreement. This Agreement is intended by the
parties as a final expression of their agreement and intended to be a complete
and exclusive statement of the agreement and understanding of the parties hereto
in respect of the subject matter contained herein. There are no restrictions,
promises, warranties or undertakings, other than those set forth or referred to
herein with respect to the registration rights granted with respect to the
Transfer Restricted Securities. This Agreement supersedes all prior agreements
and understandings between the parties with respect to such subject matter.

                                       23
<PAGE>   24

         IN WITNESS WHEREOF, the parties have executed this Agreement as of the
date first written above.

                                 VIASYSTEMS GROUP, INC.

                                 By: /s/ DAVID M. SINDELAR
                                    --------------------------------------------
                                 Name: David M. Sindelar
                                      ------------------------------------------
                                 Title: Senior Vice President and Chief
                                        Financial Officer
                                       -----------------------------------------

                                 VIASYSTEMS, INC.

                                 By: /s/ DAVID M. SINDELAR
                                    --------------------------------------------
                                 Name: David M. Sindelar
                                      ------------------------------------------
                                  Title: Senior Vice President and Chief
                                        Financial Officer
                                       -----------------------------------------

                                 HICKS, MUSE, TATE & FURST EQUITY FUND III, L.P.

                                 By: HM3/GP Partners, L.P.,
                                     its general partner

                                     By: Hicks, Muse GP Partners III, L.P.,
                                         its general partner

                                         By: Hicks, Muse Fund III Incorporated,
                                             its general partner

                                             By: /s/ THOMAS O. HICKS
                                                --------------------------------
                                             Name: Thomas O. Hicks
                                                  ------------------------------
                                             Title: Chief Executive Officer
                                                   -----------------------------

<PAGE>   25

                                  HM3 COINVESTORS, L.P.

                                  By:  Hicks, Muse GP Partners III, L.P.,
                                       its general partner

                                       By:  Hicks, Muse Fund III Incorporated,
                                            its general partner

                                            By: /s/ THOMAS O. HICKS
                                               ---------------------------------
                                            Name:   Thomas O. Hicks
                                                 -------------------------------
                                            Title:  Chief Executive Officer
                                                  ------------------------------

                                  HMTF EQUITY FUND IV (1999), L.P.

                                  By:  HM4/GP (1999) Partners, L.P.,
                                       its general partner

                                       By:  Hicks, Muse GP (1999) Partners IV,
                                            L.P., its general partner

                                            By:  Hicks, Muse (1999) Fund IV,
                                                 LLC, its general partner

                                                 By: /s/ THOMAS O. HICKS
                                                    ----------------------------
                                                 Name:   Thomas O. Hicks
                                                      --------------------------
                                                 Title:  Chief Executive Officer
                                                       -------------------------

<PAGE>   26

                                  HMTF PRIVATE EQUITY FUND IV (1999), L.P.

                                  By:  HM4/GP (1999) Partners, L.P.,
                                       its general partner

                                       By:  Hicks, Muse GP (1999) Partners IV,
                                            L.P., its general partner

                                            By:  Hicks, Muse (1999) Fund IV,
                                                 LLC, its general partner

                                                 By: /s/ THOMAS O. HICKS
                                                    ----------------------------
                                                 Name:   Thomas O. Hicks
                                                      --------------------------
                                                 Title:  Chief Executive Officer
                                                       -------------------------

                                  HICKS, MUSE PG-IV (1999), C.V.

                                  By:  HM Equity Fund IV/GP Partners (1999),
                                       C.V., its general partner

                                       By:  HM GP Partners IV Cayman, L.P.,
                                            its general partner

                                            By   HM Fund IV Cayman, LLC,
                                                 its general partner

                                                 By: /s/ THOMAS O. HICKS
                                                    ----------------------------
                                                 Name:   Thomas O. Hicks
                                                      --------------------------
                                                 Title:  Chief Executive Officer
                                                       -------------------------

<PAGE>   27

                                  HM 4-SBS (1999) COINVESTORS, L.P.

                                  By:  Hicks, Muse GP (1999)  Partners IV, L.P.,
                                       its general partner

                                       By:  Hicks, Muse (1999) Fund IV, LLC,
                                            its general partner

                                            By: /s/ THOMAS O. HICKS
                                               ---------------------------------
                                            Name:   Thomas O. Hicks
                                                 -------------------------------
                                            Title:  Chief Executive Officer
                                                  ------------------------------

                                  HM 4-EQ (1999) COINVESTORS, L.P.

                                  By:  Hicks, Muse GP (1999) Partners IV, L.P.,
                                       its general partner

                                       By:  Hicks, Muse (1999) Fund IV, LLC,
                                            its general partner

                                            By: /s/ THOMAS O. HICKS
                                               ---------------------------------
                                            Name:   Thomas O. Hicks
                                                 -------------------------------
                                            Title:  Chief Executive Officer
                                                  ------------------------------<PAGE>

                                                                  EXECUTION COPY

================================================================================

                 CHASE MANHATTAN BANK USA, NATIONAL ASSOCIATION,

                             as Seller and Servicer

                                       and

                     CHASE MANHATTAN AUTO OWNER TRUST 2001-A

                                    as Issuer

                          SALE AND SERVICING AGREEMENT

                            Dated as of July 1, 2001

================================================================================

<PAGE>

                                TABLE OF CONTENTS

                                                                            Page

                                    ARTICLE I

                                   DEFINITIONS

SECTION 1.1   Definitions ....................................................1
SECTION 1.2   Usage of Terms ................................................20
SECTION 1.3   Simple Interest Method; Methods of Allocating Payments or
              Receivables; Allocations.......................................21

                                   ARTICLE II

                            CONVEYANCE OF RECEIVABLES

SECTION 2.1   Conveyance of Receivables......................................21
SECTION 2.2   Closing .......................................................22

                                   ARTICLE III

                                 THE RECEIVABLES

SECTION 3.1   Representations and Warranties of Seller; Conditions
              Relating to Receivables........................................22
SECTION 3.2   Repurchase Upon Breach or Failure of a Condition...............26
SECTION 3.3   Custody of Receivable Files....................................26
SECTION 3.4   Duties of Servicer as Custodian................................27
SECTION 3.5   Instructions; Authority to Act.................................28
SECTION 3.6   Custodian's Indemnification....................................28
SECTION 3.7   Effective Period and Termination...............................28

                                   ARTICLE IV

                   ADMINISTRATION AND SERVICING OF RECEIVABLES

SECTION 4.1   Duties of Servicer.............................................29
SECTION 4.2   Collection of Receivable Payments; Refinancing.................29
SECTION 4.3   Realization Upon Receivables...................................30
SECTION 4.4   Maintenance of Security Interests in Financed Vehicles.........30
SECTION 4.5   Covenants of Servicer..........................................31
SECTION 4.6   Purchase of Receivables Upon Breach............................31
SECTION 4.7   Servicing Fee .................................................32
SECTION 4.8   Servicer's Certificate.........................................32
SECTION 4.9   Annual Statement as to Compliance..............................32
SECTION 4.10  Annual Audit Report............................................33

                                       i
<PAGE>

                                                                            Page

SECTION 4.11  Access by Holders to Certain Documentation and Information
              Regarding Receivables..........................................34
SECTION 4.12  Reports to Holders and the Rating Agencies.....................34
SECTION 4.13  Reports to the Securities and Exchange Commission..............34

                                    ARTICLE V

                            ACCOUNTS; DISTRIBUTIONS;
                        STATEMENTS TO CERTIFICATEHOLDERS

SECTION 5.1   Establishment of Collection Account and Note Distribution
              Account........................................................34
SECTION 5.2   Collections....................................................35
SECTION 5.3   [Reserved].....................................................36
SECTION 5.4   Additional Deposits............................................36
SECTION 5.5   Distributions..................................................36
SECTION 5.6   Reserve Account................................................37
SECTION 5.7   Net Deposits...................................................38
SECTION 5.8   Statements to Certificateholders and Noteholders...............38

                                   ARTICLE VI

                                   THE SELLER

SECTION 6.1   Representations of Seller......................................40
SECTION 6.2   Liability of Seller; Indemnities...............................41
SECTION 6.3   Merger or Consolidation of Seller..............................41
SECTION 6.4   Limitation on Liability of Seller and Others...................42
SECTION 6.5   Seller May Own Notes and Certificates..........................42

                                   ARTICLE VII

                                  THE SERVICER

SECTION 7.1   Representations of Servicer....................................42
SECTION 7.2   Liability of Servicer; Indemnities.............................43
SECTION 7.3   Merger or Consolidation of Servicer............................44
SECTION 7.4   Limitation on Liability of Servicer and Others.................44
SECTION 7.5   Servicer Not To Resign.........................................46
SECTION 7.6   Delegation of Duties...........................................46

                                  ARTICLE VIII

                         EVENTS OF SERVICING TERMINATION

SECTION 8.1   Events of Servicing Termination................................46
SECTION 8.2   Indenture Trustee to Act; Appointment of Successor Servicer....48

                                       ii
<PAGE>

                                                                            Page

SECTION 8.3   Notification to Noteholders and Certificateholders.............48
SECTION 8.4   Waiver of Past Defaults........................................49

                                   ARTICLE IX

                                   TERMINATION

SECTION 9.1   Optional Purchase of All Receivables; Trust Termination........49

                                    ARTICLE X

                            MISCELLANEOUS PROVISIONS

SECTION 10.1  Amendment......................................................50
SECTION 10.2  Protection of Title to Owner Trust Estate......................51
SECTION 10.3  Governing Law..................................................53
SECTION 10.4  Notices........................................................53
SECTION 10.5  Severability of Provisions.....................................54
SECTION 10.6  Assignment.....................................................54
SECTION 10.7  Certificates and Notes Nonassessable and Fully Paid............54
SECTION 10.8  Third-Party Beneficiaries......................................54
SECTION 10.9  Assignment to Indenture Trustee................................54
SECTION 10.10 Limitation of Liability of Owner Trustee and Indenture
              Trustee........................................................55
SECTION 10.11 No Petition ...................................................55

                                      iii
<PAGE>

                                    SCHEDULES

Schedule A   -   Schedule of Receivables
Schedule B   -   Location of Receivable Files

                                    EXHIBITS

Exhibit A    -   Form of Servicer's Certificate
Exhibit B    -   Form of Monthly Report
Exhibit C    -   Form of Collection Account Control Agreement
Exhibit D    -   Form of Reserve Account Control Agreement

                                       iv
<PAGE>
         This SALE AND SERVICING AGREEMENT, dated as of July 1, 2001, (as
amended, supplemented or otherwise modified and in effect from time to time,
this "Agreement") is made between CHASE MANHATTAN BANK USA, NATIONAL
ASSOCIATION, a national banking association having its principal executive
offices located at 200 White Clay Center Drive, Newark, Delaware 19711 ("Chase
USA," the "Seller" or the "Servicer" in its respective capacities as such), and
CHASE MANHATTAN AUTO OWNER TRUST 2001-A, as issuer (the "Issuer").

                              W I T N E S S E T H:

         In consideration of the premises and of the mutual agreements herein
contained, the parties hereto agree as follows:

                                    ARTICLE I

                                   DEFINITIONS

         SECTION 1.1 Definitions. Whenever used in this Agreement, the following
words and phrases, unless the context otherwise requires, shall have the
following meanings:

         "Accrued Interest" on a Receivable, as of any date of determination,
means that amount of interest accrued on the Principal Balance at the related
Contract Rate but not paid by or on behalf of the Obligor.

         "Administration Agreement" means the Administration Agreement, dated as
of July 1, 2001, among the Issuer, the Administrator and the Indenture Trustee,
as the same may be amended and supplemented from time to time.

         "Administrator" means The Chase Manhattan Bank, a New York banking
corporation, as administrator, and its successors and assigns.

         "Administration Fee" means $1,000, the fee payable to the Administrator
on each Payment Date pursuant to Section 5.5(c) for services rendered pursuant
to the Administration Agreement.

         "Affiliate" means, with respect to any specified Person, any other
Person controlling or controlled by or under common control with such specified
Person. For purposes of this definition, "control" when used with respect to any
specified Person means the power to direct the management and policies of such
Person, directly or indirectly, whether through the ownership of voting
securities, by contract or otherwise; and the terms "controlling" and
"controlled" have meanings correlative to the foregoing. A Person shall not be
deemed to be an Affiliate of any specified Person solely because such other
Person has the contractual right or obligation to manage such specified Person
unless such other Person controls such specified Person through equity ownership
or otherwise.

         "Aggregate Net Losses" means, for any Payment Date, the amount equal to
(i) the aggregate Principal Balance of all Receivables that became Defaulted
Receivables during the

<PAGE>

                                                                               2

related Collection Period minus (ii) the Liquidation Proceeds allocable to
principal collected during such Collection Period with respect to any Defaulted
Receivables.

         "Amount Financed" in respect of a Receivable means the amount advanced
under the Receivable toward the purchase price of the Financed Vehicle and
related costs.

         "Assertion" has the meaning specified in Section 4.10.

         "Authenticating Agent" has the meaning specified in Section 2.13 of the
Indenture and shall initially be the corporate trust office of Chase, and its
successors and assigns in such capacity.

         "Authorized Officer" means any officer of the Owner Trustee, Indenture
Trustee or Servicer who is authorized to act on behalf of the Owner Trustee,
Indenture Trustee or Servicer, as applicable, and who is identified as such on
the list of authorized officers delivered by each such party on the Closing
Date.

         "Available Interest" means, for any Payment Date, the sum of (i) that
portion of Collections on the Receivables received during the related Collection
Period allocated to interest and (ii) that portion of the Repurchase Amounts
received with respect to the Repurchased Receivables repurchased by the Seller
or purchased by the Servicer during the related Collection Period that would
have been treated as Available Interest if the Obligor thereof had prepaid such
Receivables in full on the date as of which such Receivables were repurchased or
purchased.

         "Available Principal" means, for any Payment Date, the sum of (i) that
portion of Collections on the Receivables received during the related Collection
Period allocated to the principal balance of the Receivables and (ii) that
portion of the Repurchase Amounts received with respect to the Repurchased
Receivables repurchased by the Seller or purchased by the Servicer that would
have been treated as Available Principal if the Obligor thereof had prepaid such
Receivables in full on the date as of which such Receivables were repurchased or
purchased.

         "Available Reserve Account Amount" shall mean, for each Payment Date,
an amount equal to the lesser of (i) the amount on deposit in the Reserve
Account and (ii) the Specified Reserve Account Balance with respect to such
Payment Date.

         "Average Delinquency Percentage" means for any Payment Date, the
average of the Delinquency Percentages for such Payment Date and the preceding
two (2) Payment Dates.

         "Average Net Loss Ratio" means for any Payment Date, the average of the
Net Loss Ratios for such Payment Date and the preceding two (2) Payment Dates.

         "Basic Documents" means this Agreement, the Certificate of Trust, the
Indenture, the Depository Agreements, the Securities Control Agreements, the
Trust Agreement, the Administration Agreement and other documents and
certificates delivered in connection therewith.

<PAGE>

                                                                               3

         "Benefit Plan" has the meaning specified in Section 11.12 of the Trust
Agreement.

         "Book-Entry Certificates" means beneficial interests in the
Certificates, the ownership and transfers of which shall be made through book
entries by a Clearing Agency or Foreign Clearing Agency as described in Section
3.10 of the Trust Agreement.

         "Book-Entry Notes" means beneficial interests in the Notes, the
ownership and transfers of which shall be made through book entries by a
Clearing Agency or Foreign Clearing Agency as described in Section 2.10 of the
Indenture.

         "Business Day" means a day, other than a Saturday or a Sunday, on which
the Indenture Trustee and banks located in New York, New York, Newark, Delaware
and Minneapolis, Minnesota are open for the purpose of conducting a commercial
banking business.

         "Business Trust Statute" means Chapter 38 of Title 12 of the Delaware
Code, 12 Del. Codess. 3801 et seq., as amended from time to time.

         "Capital Accounts" has the meaning specified in Section 5.7 of the
Trust Agreement.

         "Certificate" means a certificate evidencing the beneficial interest of
a Certificateholder in the Owner Trust Estate, substantially in the form of
Exhibit A to the Trust Agreement.

         "Certificate Balance" means an amount equal to $36,016,952.89 as of the
Closing Date and, thereafter, shall be an amount equal to such initial
Certificate Balance, reduced by all amounts allocable to principal previously
distributed to Certificateholders. The Certificate Balance shall also be reduced
on any Payment Date by the excess, if any, of (i) the sum of (A) the Certificate
Balance and (B) the outstanding principal amount of the Notes (in each case
after giving effect to amounts in respect of principal to be deposited in the
Certificate Distribution Account and the Note Distribution Account on such
Payment Date), over (ii) the Pool Balance as of the close of business on the
last day of the preceding Collection Period. Thereafter, the Certificate Balance
shall be increased on any Payment Date to the extent that any portion of the
Total Distribution Amount on such Payment Date is available to pay the existing
Certificateholders' Principal Carryover Shortfall, but not by more than the
aggregate reductions in the Certificate Balance set forth in the preceding
sentence.

         "Certificate Depository Agreement" means the agreement among the
Issuer, the Owner Trustee, Chase, as agent for the Depository Trust Company and
The Depository Trust Company, as the initial Clearing Agency, dated the Closing
Date, relating to the Certificates, substantially in the form attached as
Exhibit C to the Trust Agreement, as the same may be amended and supplemented
from time to time or any similar agreement with any successor Clearing Agency.

         "Certificate Distribution Account" has the meaning specified in Section
5.1 of the Trust Agreement.

<PAGE>

                                                                               4

         "Certificate Final Scheduled Payment Date" means the February 2008
Payment Date on which the outstanding principal amount, if any, of the
Certificates is payable.

         "Certificate of Trust" means the Certificate of Trust in the form of
Exhibit B to the Trust Agreement to be filed for the Issuer pursuant to Section
3810(a) of the Business Trust Statute.

         "Certificate Owner" means, with respect to a Book-Entry Certificate,
the Person who is the owner of such Book-Entry Certificate, as reflected on the
books of the Clearing Agency or Foreign Clearing Agency or on the books of a
direct or indirect Clearing Agency Participant.

         "Certificate Pool Factor" as of the close of business on a Payment Date
means a eight-digit decimal figure equal to the Certificate Balance (after
giving effect to distributions made on such date) divided by the initial
Certificate Balance. The Certificate Pool Factor will be 1.00000000 as of the
Cutoff Date; thereafter, the Certificate Pool Factor will decline to reflect
reductions in the Certificate Balance.

         "Certificate Rate" means 5.06% per annum.

         "Certificate Register" and "Certificate Registrar" means the register
maintained and the registrar appointed pursuant to Section 3.4 of the Trust
Agreement.

         "Certificateholder" means the Person in whose name a Certificate is
registered in the Certificate Register, except that, solely for the purpose of
giving any consent, request, waiver or demand pursuant to any of the Basic
Documents (other than pursuant to Section 4.3 of the Trust Agreement), the
interest evidenced by any Certificate registered in the name of the Seller, the
Servicer or any Person actually known by an Authorized Officer of the Owner
Trustee to be an Affiliate of the Seller or the Servicer shall not be taken into
account in determining whether the requisite percentage necessary to effect any
such consent, request or waiver shall have been obtained.

         "Certificateholders' Distributable Amount" means for any Payment Date,
the sum of (x) the Certificateholders' Principal Distributable Amount and (y)
the Certificateholders' Interest Distributable Amount.

         "Certificateholders' Interest Carryover Shortfall" means, (a) for the
initial Payment Date, zero, and (b) for any other Payment Date, the excess of
the Certificateholders' Interest Distributable Amount for the preceding Payment
Date over the amount in respect of the interest actually deposited in the
Certificate Distribution Account on such preceding Payment Date, plus interest
on such excess, to the extent permitted by law, at the Certificate Rate from and
including such preceding Payment Date to, but excluding, the current Payment
Date.

         "Certificateholders' Interest Distributable Amount" means, for any
Payment Date, the sum of the Certificateholders' Monthly Interest Distributable
Amount for such Payment Date and the Certificateholders' Interest Carryover
Shortfall for such Payment Date.

<PAGE>

                                                                               5

         "Certificateholders' Monthly Interest Distributable Amount" means, for
any Payment Date, one month's interest (or, in the case of the first Payment
Date, interest accrued from and including the Closing Date to, but excluding,
such Payment Date) at the Certificate Rate on the Certificate Balance on the
immediately preceding Payment Date, after giving effect to all payments of
principal to the Certificateholders on or prior to such Payment Date (or, in the
case of the first Payment Date, the Certificate Balance on the Closing Date).
Interest shall be computed on the basis of a 360 day-year of twelve 30-day
months for purposes of this definition.

         "Certificateholders' Monthly Principal Distributable Amount" means, for
any Payment Date, the Certificateholders' Percentage of the Principal
Distribution Amount.

         "Certificateholders' Percentage" means, for any Payment Date, 100%
minus the Noteholders' Percentage.

         "Certificateholders' Principal Carryover Shortfall" means for any
Payment Date, the sum of (a) the excess of (i) the Certificateholders' Principal
Distributable Amount for the preceding Payment Date, over (ii) the amount in
respect of principal actually deposited in the Certificate Distribution Account
on such Payment Date and (b) without duplication of clause (a), the unreimbursed
portion of the amount by which the Certificate Balance has been reduced pursuant
to the second sentence of the definition thereof.

         "Certificateholders' Principal Distributable Amount" means, for any
Payment Date, the sum of (i) the Certificateholders' Monthly Principal
Distributable Amount for such Payment Date and (ii) the Certificateholders'
Principal Carryover Shortfall for such Payment Date; provided that the
Certificateholders' Principal Distributable Amount shall not exceed the
Certificate Balance. In addition, on the Certificate Final Scheduled Payment
Date, the principal required to be distributed to the Certificateholders will
include the lesser of (a) any payments of principal due and remaining unpaid on
each Receivable owned by the Issuer as of the last day of the immediately
preceding Collection Period and (b) the amount that is necessary (after giving
effect to the other amounts to be deposited in the Certificate Distribution
Account on such Payment Date and allocable to principal) to reduce the
Certificate Balance to zero, in either case after giving effect to any required
distribution of the Noteholders' Principal Distributable Amount to the Note
Distribution Account.

         "Chase" means The Chase Manhattan Bank, a New York banking corporation.

         "Chase USA" means Chase Manhattan Bank USA, National Association.

         "Class A-1 Interest Rate" means 3.66% per annum.

         "Class A-1 Notes" means the Class A-1 3.66% Asset Backed Notes,
substantially in the form of Exhibit B to the Indenture.

         "Class A-2 Interest Rate" means 3.99% per annum.

         "Class A-2 Notes" means the Class A-2 3.99% Asset Backed Notes,
substantially in the form of Exhibit C to the Indenture.

<PAGE>

                                                                               6

         "Class A-3 Interest Rate" means 4.55% per annum.

         "Class A-3 Notes" means the Class A-3 4.55% Asset Backed Notes,
substantially in the form of Exhibit D to the Indenture.

         "Class A-4 Interest Rate" means 5.07% per annum.

         "Class A-4 Notes" means the Class A-4 5.07% Asset Backed Notes,
substantially in the form of Exhibit E to the Indenture.

         "Clearing Agency" means an organization registered as a "clearing
agency" pursuant to Section 17A of the Exchange Act. The initial Clearing Agency
shall be The Depository Trust Company.

         "Clearing Agency Participant" means a broker, dealer, bank, other
financial institution or other person for whom from time to time a Clearing
Agency effects book-entry transfers of securities deposited with the Clearing
Agency (including a Foreign Clearing Agency).

         "Clearstream" means Clearstream Banking, societe anonyme.

         "Closing Date" means July 25, 2001.

         "Code" means the Internal Revenue Code of 1986, as amended.

         "Collection Account" means securities account no. 160536.1 entitled
"Wells Fargo Bank Minnesota, National Association, as Indenture Trustee,
Securities Account of Chase Auto Owner Trust Series 2001-A" maintained by the
Collection Account Securities Intermediary pursuant to the Collection Account
Control Agreement or any successor securities account maintained pursuant to the
Collection Account Control Agreement.

         "Collection Account Control Agreement" means the agreement among the
Issuer, Chase, as securities intermediary, and the Indenture Trustee, dated as
of July 1, 2001, relating to the Collection Account, substantially in the form
attached as Exhibit C, as the same may be amended and supplemented from time to
time.

         "Collection Account Securities Intermediary" means Chase or any other
securities intermediary that maintains the Collection Account pursuant to the
Collection Account Control Agreement.

         "Collection Period" means each calendar month beginning July 1, 2001
until Chase Manhattan Auto Owner Trust 2001-A shall terminate pursuant to
Article IX of the Trust Agreement.

         "Collections" means all collections in respect of Receivables.

         "Contract Rate" of a Receivable means the annual rate of interest
stated in such Receivable.

<PAGE>

                                                                               7

         "Corporate Trust Office" means the the corporate trust office of the
Indenture Trustee in Minneapolis, Minnesota.

         "Cutoff Date" means July 1, 2001.

         "Dealer" means the dealer which sold a Financed Vehicle related to a
Dealer Receivable and which originated or assisted in the origination of such
Dealer Receivable under a Dealer Agreement.

         "Dealer Agreement" means any agreement and, if applicable, assignment
under which Dealer Receivables were originated by or through a Dealer and sold
to the Seller or an affiliate of the Seller.

         "Dealer Receivable" means each Receivable which was originated by the
Seller or an Affiliate of the Seller with the involvement of a Dealer.

         "Debt Cancellation Policy" means a policy issued by Chase USA to the
obligor that forgives the Principal Balance of a Receivable in excess of
insurance proceeds realized upon the event of a total loss of the related
Financed Vehicle.

         "Default" means any occurrence that is, or with notice or the lapse of
time or both would become, an Event of Default.

         "Defaulted Receivable" means a Receivable (other than a Repurchased
Receivable) as to which the Servicer has determined based on its usual
collection practices and procedures, during any Collection Period, that eventual
payment in full of the Amount Financed (including accrued interest thereon) is
unlikely; provided that a Receivable shall become a Defaulted Receivable during
the calendar month in which more than 10% of any scheduled payment becomes 240
days delinquent, regardless of whether any such determination has been made.

         "Definitive Notes" means Notes issued in certificated, fully registered
form as provided in Section 2.12 of the Indenture.

         "Definitive Certificates" means Certificates issued in certificated,
fully registered form as provided in Section 3.12 of the Trust Agreement.

         "Delaware Trustee" has the meaning specified in Section 10.1 of the
Trust Agreement.

         "Delinquency Percentage" means, for any Payment Date, the sum of the
outstanding Principal Balances of all Receivables which were 60 days or more
delinquent (including Receivables, which are not Defaulted Receivables, relating
to Financed Vehicles that have been repossessed), as of the close of business on
the last day of the Collection Period immediately preceding such Payment Date,
determined in accordance with the Servicer's normal practices, such sum
expressed as a percentage of the Pool Balance as of the close of business on the
last day of such Collection Period.

<PAGE>

                                                                               8

         "Deposit Date" means the Business Day immediately preceding each
Payment Date.

         "Depositor" means the Seller in its capacity as Depositor under the
Trust Agreement.

         "Depository Agreements" means, collectively, the Certificate Depository
Agreement and the Note Depository Agreement.

         "Determination Date" means the 10th calendar day of the month (or, if
such 10th calendar day is not a Business Day, the Business Day preceding the
10th calendar day of the month) immediately succeeding the related Collection
Period.

         "Eligible Deposit Account" means (a) a segregated identifiable trust
account established in the trust department of a Qualified Trust Institution,
which shall, except in the case of the Reserve Account, initially be Chase, and
may be maintained with Chase so long as Chase is a Qualified Trust Institution;
or (b) a separately identifiable deposit account established in the deposit
taking department of a Qualified Institution, which may be Chase so long as
Chase is a Qualified Institution.

         "ERISA" has the meaning specified in Section 11.12 of the Trust
Agreement.

         "Executive Officer" means, with respect to any corporation or bank, the
Chief Executive Officer, Chief Operating Officer, Chief Financial Officer,
President, Executive Vice President, any Vice President, the Secretary or the
Treasurer of such corporation or bank, and with respect to any partnership, any
general partner thereof.

         "Euroclear Operator" means Morgan Guaranty Trust Company of New York,
Brussels, Belgium office, in its capacity as the operator of the Euroclear
system.

         "Event of Default" means an event specified in Section 5.1 of the
Indenture.

         "Event of Servicing Termination" means an event specified in Section
8.1.

         "Exchange Act" means the Securities Exchange Act of 1934, as amended.

         "Expenses" has the meaning specified in Section 8.2 of the Trust
Agreement.

         "FDIC" means the Federal Deposit Insurance Corporation or any successor
thereto.

         "FHLMC" means the Federal Home Loan Mortgage Corporation or any
successor thereto.

         "Final Scheduled Maturity Date" means the last day of the Collection
Period immediately preceding the Certificate Final Scheduled Payment Date.

<PAGE>

                                                                               9

         "Financed Vehicle" means, with respect to a Receivable, the new or used
automobile or light-duty truck, together with all accessions thereto, securing
an Obligor's indebtedness under such Receivable.

         "Fitch" means Fitch, Inc. and its successors and assigns.

         "Fixed Note Percentage" means the percentage equivalent of a fraction
(rounded to the nearest one-one hundred thousandth of 1%) numerator of which is
the Outstanding Amount of the Class A-3 Notes and the Class A-4 Notes on the
Payment Date on which the Class A-2 Notes have been paid in full and the
denominator of which is the sum of the Outstanding Amount of the Class A-3 Notes
and the Class A-4 Notes and the Certificate Balance on the Payment Date on which
the Class A-2 Notes have been paid in full.

         "FNMA" means the Federal National Mortgage Association or any successor
thereto.

         "Foreign Clearing Agency" means, collectively, Clearstream and the
Euroclear Operator.

         "Grant" means mortgage, pledge, bargain, sell, warrant, alienate,
remise, release, convey, assign, transfer, create, and grant a lien upon and a
security interest in and right of set-off against, deposit, set over and confirm
pursuant to the Indenture. A Grant of the Trust Estate or of any other agreement
or instrument shall include all rights, powers and options (but none of the
obligations) of the Granting party thereunder, including the immediate and
continuing right to claim for, collect, receive and give receipt for principal
and interest payments and all other moneys payable thereunder, to give and
receive notices and other communications, to make waivers or other agreements,
to exercise all rights and options, to bring Proceedings in the name of the
Granting party or otherwise and generally to do and receive anything that the
Granting party is or may be entitled to do or receive thereunder or with respect
thereto.

         "Holder" or "Holders" means, unless the context otherwise requires,
both Certificateholders and Noteholders.

         "Indemnified Parties" has the meaning specified in Section 8.2 of the
Trust Agreement.

         "Indenture" means the Indenture dated as of July 1, 2001, between the
Issuer and the Indenture Trustee, as the same may be amended and supplemented
from time to time.

         "Indenture Trustee" means, initially, Wells Fargo, as Indenture Trustee
under the Indenture, or any successor Indenture Trustee under the Indenture.

         "Independent" means, when used with respect to any specified Person,
that the person (a) is in fact independent of the Issuer, any other obligor upon
the Notes, the Seller and any Affiliate of any of the foregoing persons, (b)
does not have any direct financial interest or any material indirect financial
interest in the Issuer, any such other

<PAGE>
                                                                              10

obligor, the Seller or any Affiliate of any of the foregoing Persons and (c) is
not connected with the Issuer, any such other obligor, the Seller or any
Affiliate of any of the foregoing Persons as an officer, employee, promoter,
underwriter, trustee, partner, director or Person performing similar functions.

         "Independent Certificate" means a certificate or opinion to be
delivered to the Indenture Trustee under the circumstances described in, and
otherwise complying with, the applicable requirements of Section 11.1 of the
Indenture, made by an Independent engineer, appraiser or other expert appointed
by the Issuer and approved by the Indenture Trustee in the exercise of
reasonable care, and such opinion or certificate shall state that the signer has
read the definition of "Independent" in this Agreement and that the signer is
Independent within the meaning thereof.

         "Insolvency Event" means, for a specified Person, (a) the filing of a
decree or order for relief by a court having jurisdiction in the premises in
respect of such Person or any substantial part of its property in an involuntary
case under any applicable Federal or state bankruptcy, insolvency or other
similar law now or hereafter in effect, or appointing a receiver (including any
receiver appointed under the Financial Institutions Reform, Recovery and
Enforcement Act of 1989, as amended), liquidator, assignee, custodian, trustee,
sequestrator or similar official for such Person or for any substantial part of
its property, or ordering the winding-up or liquidation of such Person's
affairs, and such decree or order shall remain unstayed and in effect for a
period of 60 consecutive days; or (b) the commencement by such Person of a
voluntary case under any applicable Federal or state bankruptcy, insolvency or
other similar law now or hereafter in effect, or the consent by such Person to
the entry of an order for relief in an involuntary case under any such law, or
the consent by such Person to the appointment of or taking possession by a
receiver, liquidator, assignee, custodian, trustee, sequestrator or similar
official for such Person or for any substantial part of its property, or the
making of such Person of any general assignment for the benefit of creditors, or
the failure by such Person generally to pay its debts as such debts become due,
or the taking of action by such Person in furtherance of any of the foregoing.

         "Interest Rate" means the rate of interest borne by the Notes of any
class.

         "Investment Earnings" means, with respect to any Payment Date, the
investment earnings (net of losses and investment expenses) on amounts on
deposit in the Collection Account.

         "Issuer" means Chase Manhattan Auto Owner Trust 2001-A, a Delaware
business trust, until a successor replaces it and, thereafter, means such
successor and, for purposes of any provision contained in the Indenture and
required by the TIA, each other obligor on the Notes.

         "Issuer Order" and "Issuer Request" means a written order or request
signed in the name of the Issuer by any of its authorized officers and delivered
to the Indenture Trustee.

         "Late Fees" means any late charges, credit related extension fees,
non-credit related extension fees or other administrative fees or similar
charges allowed by applicable law with respect to the Receivables.

         "Lien" means a security interest, lien, charge, pledge or encumbrance
of any kind other than tax liens, mechanics' liens or any other liens that
attach by operation of law.

<PAGE>

                                                                              11
         "Liquidation Proceeds" means, with respect to any Receivable, (i)
insurance proceeds, (ii) the monies collected during a Collection Period from
whatever source on a Defaulted Receivable and (iii) proceeds of a Financed
Vehicle sold after repossession, in each case net of any liquidation expenses
and payments required by law to be remitted to the Obligor.

         "Moody's" means Moody's Investors Service and its successors and
assigns.

         "Net Loss Ratio" means, for any Payment Date, the ratio, expressed as
an annualized percentage, of (i) the Aggregate Net Losses for such Payment Date
to (ii) the average of the Pool Balances on each of the related Settlement Date
and the last day of the related Collection Period.

         "Note" means a Class A-1 Note, a Class A-2 Note, a Class A-3 Note or a
Class A-4 Note.

         "Note Depository Agreement" means the agreement among the Issuer, the
Indenture Trustee, Chase, as agent for The Depository Trust Company and The
Depository Trust Company, as the initial Clearing Agency, dated the Closing
Date, relating to the Notes, substantially in the form of Exhibit F to the
Indenture, as the same may be amended or supplemented from time to time or any
similar agreement with any successor Clearing Agency.

         "Note Distribution Account" means the account designated as such,
established and maintained pursuant to Section 5.1(b).

         "Note Final Scheduled Payment Date" means for (a) the Class A-1 Notes,
the August 2002 Payment Date, (b) the Class A-2 Notes, the January 2004 Payment
Date, (c) the Class A-3 Notes, the August 2005 Payment Date, and (d) the Class
A-4 Notes, the February 2008 Payment Date.

         "Note Owner" means, with respect to a Book-Entry Note, the person who
is the owner of such Book-Entry Note, as reflected on the books of the Clearing
Agency or Foreign Clearing Agency, or on the books of a direct or indirect
Clearing Agency Participant.

         "Note Pool Factor" for each class of Notes as of the close of business
on a Payment Date means an eight-digit decimal figure equal to the Outstanding
Amount of such class of Notes divided by the Outstanding Amount as of the
Closing Date of such class of Notes. The Note Pool Factor for each class of
Notes will be 1.00000000 as of the Cutoff Date; thereafter, the Note Pool Factor
for each class of Notes will decline to reflect reductions in the Outstanding
Amount of such class of Notes.

         "Noteholder" means the Person in whose name a Note is registered on the
Note Register.

         "Noteholders' Distributable Amount" means, for any Payment Date, the
sum of the Noteholders' Principal Distributable Amount and the Noteholders'
Interest Distributable Amount for all classes of Notes.

<PAGE>

                                                                              12

         "Noteholders' Interest Carryover Shortfall" means, for any class of
Notes, (a) for the initial Payment Date, zero, and (b) for any other Payment
Date, the excess of (x) the Noteholders' Interest Distributable Amount for the
preceding Payment Date for such class of Notes, over (y) the amount in respect
of interest actually deposited in the Note Distribution Account on such
preceding Payment Date with respect to such class of Notes, plus interest on the
amount of interest due but not paid to the Noteholders of such class on the
preceding Payment Date, to the extent permitted by law, at the applicable
Interest Rate from such preceding Payment Date through the current Payment Date.

         "Noteholders' Interest Distributable Amount" means, for any Payment
Date for any class of Notes, the sum of (x) the Noteholders' Monthly Interest
Distributable Amount for such class of Notes for such Payment Date and (y) the
Noteholders' Interest Carryover Shortfall for such class of Notes for such
Payment Date.

         "Noteholders' Monthly Interest Distributable Amount" means, for any
Payment Date for each class of Notes, one month's interest (or, in the case of
the first Payment Date, interest accrued from and including the Closing Date to
but excluding such Payment Date) at the related Interest Rate on the Outstanding
Amount of the Notes of such class on such Payment Date (or, in the case of the
first Payment Date, on the Closing Date). Interest for purposes of this
definition (i) on the Class A-1 Notes shall be computed on the basis of a
360-day year for the actual number of days elapsed and (ii) on the Class A-2
Notes, the Class A-3 Notes and the Class A-4 Notes shall be computed on the
basis of a 360-day year of twelve 30-day months.

         "Noteholders' Monthly Principal Distributable Amount" means, for any
Payment Date, the Noteholders' Percentage of the Principal Distribution Amount.

         "Noteholders' Percentage" means (i) 100% for each Payment Date
occurring before the Payment Date on which the Class A-2 Notes have been paid in
full, (ii) the Fixed Note Percentage (or such greater percentage as would be
necessary to pay the Class A-2 Notes in full) on such Payment Date, (iii) the
Fixed Note Percentage after such Payment Date until all of the Notes have been
paid in full and (iv) zero thereafter; provided, however, that (x) if the amount
on deposit in the Reserve Account on any Payment Date would be, after giving
effect to distributions on such Payment Date, less than 0.50% of the Original
Pool Balance, the Noteholders' Percentage will be 100% for such Payment Date and
each Payment Date thereafter until the Notes have been paid in full or the
amount on deposit in the Reserve Account equals or exceeds the Specified Reserve
Account Balance and (y) if the Notes have been accelerated after the occurrence
of an Event of Default, the Noteholders' Percentage will be 100% for each
Payment Date thereafter until the Notes have been paid in full.

         "Noteholders' Principal Carryover Shortfall" means for any Payment
Date, the excess of (x) the Noteholders' Principal Distributable Amount for the
preceding Payment Date over (y) the amount in respect of principal actually
deposited in the Note Distribution Account on such Payment Date.

         "Noteholders' Principal Distributable Amount" means, for any Payment
Date, the sum of (i) the Noteholders' Monthly Principal Distributable Amount for
such Payment Date and (ii) the Noteholders' Principal Carryover Shortfall for
such Payment Date; provided that the

<PAGE>

                                                                              13

Noteholders' Principal Distributable Amount shall not exceed the Outstanding
Amount of the Notes. In addition, on the Note Final Scheduled Payment Date of
each class of Notes, the principal required to be deposited in the Note
Distribution Account will include the amount necessary (after giving effect to
the other amounts to be deposited in the Note Distribution Account on such
Payment Date and allocable to principal) to reduce the Outstanding Amount of
such class of Notes to zero.

         "Note Register" and "Note Registrar" means the register maintained and
the registrar appointed pursuant to Section 2.4 of the Indenture.

         "Obligor" on a Receivable means the purchaser or the co-purchasers of
the Financed Vehicle purchased in part or in whole by the execution and delivery
of such Receivable or any other Person who owes or may be liable for payments
under such Receivable.

         "Officer's Certificate" means a certificate signed by the chairman of
the board, the president, the treasurer, the controller, any executive or senior
vice president or any vice president of the Seller or Servicer, as appropriate,
meeting the requirements of Section 11.1 of the Indenture.

         "Opinion of Counsel" means a written opinion of counsel (who may be
counsel to the Seller or the Servicer) reasonably acceptable in form and
substance to the Indenture Trustee, meeting the requirements of Section 11.1 of
the Indenture (or in the case of an Opinion of Counsel delivered to the Owner
Trustee, reasonably acceptable in form and substance to the Owner Trustee).

         "Optional Purchase Percentage" shall be 10%.

         "Original Pool Balance" shall be $1,200,116,952.89.

         "Outstanding" means, when used with respect to Notes, as of any date of
determination, all Notes theretofore authenticated and delivered under the
Indenture except:

         (a) Notes theretofore canceled by the Note Registrar or delivered to
the Note Registrar for cancellation;

         (b) Notes or portions thereof the payment for which money in the
necessary amount has been theretofore deposited with the Indenture Trustee or
any Paying Agent in trust for the Holders of such Notes (provided that if such
Notes are to be prepaid, notice of such prepayment has been duly given pursuant
to the Indenture or provision therefor, satisfactory to the Indenture Trustee,
has been made); and

         (c) Notes in exchange for or in lieu of other Notes which have been
authenticated and delivered pursuant to the Indenture unless proof satisfactory
to the Indenture Trustee is presented that any such Notes are held by a bona
fide purchaser;

provided that in determining whether the Holders of the requisite Outstanding
Amount of the Notes have given any request, demand, authorization, direction,
notice, consent or waiver hereunder or under any Basic Document, Notes owned by
the Issuer, any other obligor upon the

<PAGE>

                                                                              14

Notes, the Seller or any Affiliate of any of the foregoing Persons shall be
disregarded and deemed not to be Outstanding, except that, in determining
whether the Indenture Trustee shall be protected in relying upon any such
request, demand, authorization, direction, notice, consent or waiver, only Notes
that an Authorized Officer of the Indenture Trustee either actually knows to be
so owned or has received written notice that such Note is so owned shall be so
disregarded. Notes so owned that have been pledged in good faith may be regarded
as Outstanding if the pledgee establishes to the satisfaction of the Indenture
Trustee the pledgee's right so to act with respect to such Notes and that the
pledgee is not the Issuer, any other obligor upon the Notes, the Seller or any
Affiliate of any of the foregoing Persons.

         "Outstanding Amount" means, when used with respect to Notes, as of any
date of determination, the aggregate principal amount of all Notes, or a class
of Notes, as applicable, Outstanding as of such date.

         "Owner Trust Estate" means all right, title and interest of the Issuer
in and to the property and rights assigned to the Issuer pursuant to Article II
of this Agreement, all funds on deposit from time to time in the Trust Accounts
(other than the Note Distribution Account) and the Certificate Distribution
Account and all other property of Issuer from time to time, including any rights
of the Owner Trustee and the Issuer pursuant to this Agreement.

         "Owner Trustee" means Wilmington Trust Company, a Delaware banking
corporation, not in its individual capacity but solely as owner trustee under
the Trust Agreement, and any successor Owner Trustee thereunder.

         "Paying Agent" means: (a) when used in the Indenture or otherwise with
respect to the Notes, the Indenture Trustee or any other Person that meets the
eligibility standards for the Indenture Trustee specified in Section 6.11 of the
Indenture and is authorized by the Indenture Trustee to make the payments to and
distributions from the Collection Account and the Note Distribution Account,
including payment of principal of or interest on the Notes on behalf of the
Issuer; and (b) when used in the Trust Agreement or otherwise with respect to
the Certificates, the Owner Trustee or any other paying agent or co-paying agent
appointed pursuant to Section 3.9 of the Trust Agreement, and in the case of the
Indenture with respect to the Notes, and the Trust Agreement with respect to the
Certificates, such Paying Agent shall initially be the corporate trust office of
Chase.

         "Payment Date" means, in the case of the first Collection Period,
August 15, 2001, and in the case of every Collection Period thereafter, the 15th
day of the following month, or if the 15th day is not a Business Day, the next
following Business Day.

         "Permitted Investments" means, at any time, any one or more of the
following obligations, securities (certificated or uncertificated) or
instruments (excluding any security with the "r" symbol attached to its rating):

         (i) obligations of the United States of America or any agency thereof;
    provided such obligations are backed by the full faith and credit of the
    United States of America;

<PAGE>

                                                                              15

         (ii) general obligations of or obligations guaranteed as to the timely
    payment of interest and principal by any state of the United States of
    America or the District of Columbia then rated "A-1+" or "AAA" by Standard &
    Poor's, "F1+" or "AAA" by Fitch (if rated by Fitch) and "P-1" or Aaa by
    Moody's;

         (iii) commercial paper, other than commercial paper issued by Chase or
    any of its Affiliates, which is then rated P-1 by Moody's, "F1+" by Fitch
    (if rated by Fitch) and "A-1+" by Standard & Poor's;

         (iv) certificates of deposit, demand or time deposits, federal funds or
    banker's acceptances, other than banker's acceptances issued by Chase or any
    of its Affiliates, issued by any depository institution or trust company
    (including the Indenture Trustee acting in its commercial banking capacity)
    incorporated under the laws of the United States or of any state thereof or
    incorporated under the laws of a foreign jurisdiction with a branch or
    agency located in the United States of America and subject to supervision
    and examination by federal or state banking authorities which short term
    unsecured deposit obligations of such depository institution or trust
    company are then rated P-1 by Moody's, "F1+" by Fitch (if rated by Fitch)
    and "A-1+" by Standard & Poor's;

         (v) demand or time deposits of, or certificates of deposit issued by,
    any bank, trust company, savings bank or other savings institution; provided
    such deposits or certificates of deposit are fully insured by the FDIC;

         (vi) guaranteed reinvestment agreements issued by any bank, insurance
    company or other corporation the short term unsecured debt or deposits of
    which are rated P-1 by Moody's, "F1+" by Fitch (if rated by Fitch) and
    "A-1+" by Standard & Poor's or the long-term unsecured debt of which are
    rated Aaa by Moody's, "AAA" by Fitch (if rated by Fitch) and "AAA" by
    Standard & Poor's;

         (vii) repurchase obligations with respect to any security described in
    clauses (i) or (ii) herein or any other security issued or guaranteed by the
    FHLMC, FNMA or any other agency or instrumentality of the United States of
    America which is backed by the full faith and credit of the United States of
    America, in either case entered into with a federal agency or a depository
    institution or trust company (acting as principal) described in (iv) above;

         (viii) investments in money market funds, which funds (A) are not
    subject to any sales, load or other similar charge; and (B) are rated at
    least "AAAM" or "AAAM-G" by Standard & Poor's, "AAAV-1+" by Fitch (if rated
    by Fitch) and Aaa by Moody's; and

         (ix) such other investments, other than investments in Chase or any of
    its affiliates, where either (A) the short-term unsecured debt or deposits
    of the obligor on such investments are rated "A-1+" by Standard & Poor's,
    "F1+" by Fitch (if rated by Fitch) and P-1 by Moody's.

Permitted Investments may include money market mutual funds (so long as such
fund has the ratings specified in clause (viii) hereof), including, without
limitation, the VISTA U.S.

<PAGE>

                                                                              16

Government Money Market Fund or any other fund for which Chase, the Indenture
Trustee or an Affiliate thereof serves as an investment advisor, administrator,
shareholder servicing agent, and/or custodian or subcustodian, notwithstanding
that (i) Chase, Wells Fargo or an Affiliate thereof charges and collects fees
and expenses from such funds for services rendered, (ii) Chase, Wells Fargo or
an Affiliate thereof charges and collects fees and expenses for services
rendered pursuant to this Agreement, and (iii) services performed for such funds
and pursuant to this Agreement may converge at any time. The Indenture Trustee
specifically authorizes Chase, Wells Fargo or an Affiliate thereof to charge and
collect all fees and expenses from such funds for services rendered to such
funds (but not to exceed investment earnings), in addition to any fees and
expenses Chase or Wells Fargo, as applicable, may charge and collect for
services rendered pursuant to this Agreement.

         "Person" means a legal person, including any individual, corporation,
limited liability company, estate, partnership, joint venture, association,
joint stock company, trust, unincorporated organization, or government or any
agency or political subdivision thereof, or any other entity of whatever nature.

         "Pool Balance" as of any date of determination means, the aggregate
Principal Balance of the Receivables as of the close of business on the last day
of the preceding Collection Period, after giving effect to all payments received
from Obligors and Repurchase Amounts to be remitted by the Servicer or the
Seller, as the case may be, for such Collection Period and all losses realized
on Receivables liquidated during such Collection Period.

         "Predecessor Note" means, with respect to any particular Note, every
previous Note evidencing all or a portion of the same debt as that evidenced by
such particular Note; and, for the purpose of this definition, any Note
authenticated and delivered under Section 2.5 of the Indenture in lieu of a
mutilated, lost, destroyed or stolen Note shall be deemed to evidence the same
debt as the mutilated, lost, destroyed or stolen Note.

         "Prepayment Date" means in the case of a prepayment of the Notes
pursuant to Section 10.1 of the Indenture, the Payment Date specified by the
Servicer pursuant to such Section 10.1.

         "Principal Balance" of a Receivable, as of the close of business on the
last day of any Collection Period, means the Amount Financed minus that portion
of all payments received on or prior to such date allocable to principal. The
Principal Balance of a Defaulted Receivable or a Repurchased Receivable shall be
deemed to be zero, in each case, as of such date.

         "Principal Distribution Amount" means, for any Payment Date, the sum of
the following amounts, without duplication: (i) Available Principal and (ii)
Aggregate Net Losses.

         "Principal Prepayment" means a payment or other recovery of principal
on a Receivable (including insurance proceeds and Liquidation Proceeds applied
to principal on a Receivable) which is received in advance of its due date.

         "Proceeding" means any suit in equity, action or law or other judicial
or administrative proceeding.

<PAGE>

                                                                              17

         "Qualified Institution" means a depository institution organized under
the laws of the United States of America or any State thereof or incorporated
under the laws of a foreign jurisdiction with a branch or agency located in the
United States of America or any State thereof and subject to supervision and
examination by federal or state banking authorities which at all times has the
Required Deposit Rating and, in the case of any such institution organized under
the laws of the United States of America, whose deposits are insured by the
FDIC.

         "Qualified Trust Institution" means an institution organized under the
laws of the United States of America or any State thereof or incorporated under
the laws of a foreign jurisdiction with a branch or agency located in the United
States of America or any State thereof and subject to supervision and
examination by federal or state banking authorities which at all times (i) is
authorized under such laws to act as a trustee or in any other fiduciary
capacity, (ii) has not less than one billion dollars in assets under fiduciary
management, and (iii) has a long term deposits rating of not less than "BBB-" by
Standard & Poor's, Baa3 by Moody's and "BBB-" by Fitch (if rated by Fitch).

         "Rating Agency" means any of Standard & Poor's, Moody's or Fitch.

         "Rating Agency Condition" means, with respect to any action or event,
that each Rating Agency shall have notified the Seller, the Servicer, the
Indenture Trustee and the Owner Trustee, in writing, that such action or event
will not result in reduction or withdrawal of any then outstanding rating of any
outstanding Note or Certificate with respect to which it is the Rating Agency.

         "Receivable" means a retail installment sale contract or purchase money
promissory note or other promissory note and security agreement executed by an
Obligor in respect of a Financed Vehicle, and all proceeds thereof and payments
thereunder (other than interest accrued and unpaid as of the opening of business
on the Cutoff Date), which Receivable shall be identified in the Schedule of
Receivables.

         "Receivable Files" means the documents specified in Section 3.3.

         "Receivables Pool" means the pool of Receivables included in the Trust
Estate and all monies received thereunder on or after the Cutoff Date.

         "Record Date" means, with respect to any Payment Date, the Business Day
prior to such Payment Date unless Definitive Notes or Definitive Certificates
are issued, in which case, Record Date, with respect to such Definitive Notes or
Definitive Certificates, as applicable, shall mean the last day of the
immediately preceding calendar month.

         "Relevant UCC" means the Uniform Commercial Code as in effect in the
applicable jurisdiction.

         "Repurchase Amount" of a Repurchased Receivable or any Receivable
purchased by the Servicer pursuant to Section 9.1, means the sum, as of the last
day of the Collection Period on which such Receivable becomes such, of the
Principal Balance thereof plus the Accrued Interest thereon.

<PAGE>

                                                                              18

         "Repurchased Receivable" means a Receivable repurchased by the Seller
pursuant to Section 3.2 or purchased by the Servicer pursuant to Section 4.6.

         "Required Deposit Rating" shall be a short-term certificate of deposit
rating from Moody's of P-1, from Fitch of "F1+" (if rated by Fitch) and from
Standard & Poor's of "A-1+," and a long-term unsecured debt rating of not less
than Aa3 by Moody's, "AA" by Fitch (if rated by Fitch) and "AA-" by Standard &
Poor's.

         "Reserve Account" means securities account no. 11330400 entitled "Wells
Fargo Bank Minnesota, National Association, as Indenture Trustee, Securities
Account of Chase Auto Owner Trust Series 2001-A" maintained by the Reserve
Account Securities Intermediary pursuant to the Reserve Account Control
Agreement or any successor securities account maintained pursuant to the Reserve
Account Control Agreement.

         "Reserve Account Control Agreement" means the agreement among the
Issuer, Wells Fargo, as securities intermediary, and the Indenture Trustee,
dated as of July 1, 2001, relating to the Reserve Account, substantially in the
form attached as Exhibit D, as the same may be amended and supplemented from
time to time.

         "Reserve Account Initial Deposit" means an amount equal to
$12,001,169.53.

         "Reserve Account Securities Intermediary" means Wells Fargo or any
other securities intermediary that maintains the Reserve Account pursuant to the
Reserve Account Control Agreement.

         "Reserve Account Transfer Amount" means, for any Payment Date, an
amount equal to the lesser of (a) the amount of cash or other immediately
available funds on deposit in the Reserve Account on such Payment Date
(excluding amounts to be paid to the Seller pursuant to clause (i) of Section
5.6(d), but before giving effect to any other withdrawals therefrom relating to
such Payment Date) and (b) the amount, if any, by which the sum of the amounts
set forth in clauses (i) through (vi) of Section 5.5(c), inclusive, exceeds the
Total Distribution Amount for such Payment Date.

         "Responsible Officer" means, with respect to the Indenture Trustee, any
officer within the Corporate Trust Office of the Indenture Trustee, including
any Vice President, Assistant Vice President, Assistant Treasurer, Assistant
Secretary, or any other officer of the Indenture Trustee customarily performing
functions similar to those performed by any of the above designated officers and
also, with respect to a particular matter, any other officer to whom such matter
is referred because of such officer's knowledge of and familiarity with the
particular subject.

         "Sale Proceeds" has the meaning specified in Section 9.1(b).

         "Schedule of Receivables" means the list of Receivables attached hereto
as Schedule A.

         "SFAS 140" means the Statement of Financial Accounting Standard No.
140, Accounting for Transfers and Servicing of Financial Assets and
Extinguishments of Liabilities.

<PAGE>

                                                                              19

         "Securities Act" means the Securities Act of 1933, as amended.

         "Securities Control Agreements" means, collectively, the Collection
Account Control Agreement and the Reserve Account Control Agreement.

         "Securities Intermediaries" means, collectively, Chase, acting as
securities intermediary under the Collection Account Control Agreement or any
successor thereto thereunder and Wells Fargo, acting as securities intermediary
under the Reserve Account Control Agreement or any successor thereto thereunder.

         "Seller" means Chase Manhattan Bank USA, National Association, a
national banking association with its principal executive offices in Newark,
Delaware, in its capacity as the seller of the Receivables under this Agreement,
and each successor to Chase Manhattan Bank USA, National Association (in the
same capacity) pursuant to Section 6.3.

         "Servicer" means Chase Manhattan Bank USA, National Association, a
national banking association with its principal offices in Newark, Delaware, in
its capacity as the servicer of the Receivables under this Agreement, and each
successor to Chase Manhattan Bank USA, National Association (in the same
capacity) pursuant to Section 7.3, and each successor servicer pursuant to
Section 8.2.

         "Servicer's Certificate" means a certificate, substantially in the form
of Exhibit A attached hereto, completed and executed by the Servicer by its
chairman of the board, the president, treasurer, controller or any executive,
senior vice president or vice president pursuant to Section 4.8.

         "Servicing Fee" with regard to a Collection Period means the fee
payable to the Servicer for services rendered during such Collection Period,
determined pursuant to Section 4.7.

         "Servicing Fee Rate" means 1.00% per annum.

         "Settlement Date" means, with respect to any Collection Period, the
last day of the Collection Period immediately preceding such Collection Period,
and with respect to any Payment Date, the last day of the second Collection
Period preceding the Collection Period in which such Payment Date occurs.

         "Simple Interest Method" means the method of allocating a fixed level
payment to principal and interest, pursuant to which the portion of such payment
that is allocated to interest is equal to the product of the fixed rate of
interest multiplied by the unpaid Principal Balance multiplied by the period of
time elapsed since the preceding payment of interest was made, and the remainder
of such payment is allocable to principal.

         "Simple Interest Receivable" means any Receivable providing for the
allocation of payments made thereunder to principal and interest in accordance
with the Simple Interest Method.

<PAGE>

                                                                              20

         "Specified Reserve Account Balance" with respect to any Payment Date,
means 2.25% of the Pool Balance as of the related Settlement Date, but in any
event will not be less than the lesser of (i) $9,000,877.15 and (ii) such Pool
Balance; provided that the Specified Reserve Account Balance will be calculated
using a percentage of 4.50% for any Payment Date (beginning with the October
2001 Payment Date) for which the Average Net Loss Ratio exceeds 1.75% or the
Average Delinquency Percentage exceeds 1.75%. Upon written notification to the
Indenture Trustee by the Seller, the Specified Reserve Account Balance may be
reduced to a lesser amount as determined by the Seller so long as such reduction
satisfies the Rating Agency Condition.

         "Standard & Poor's" means Standard & Poor's Ratings Services and its
successors and assigns.

         "Total Distribution Amount" means, for any Payment Date, the sum of
Available Interest and Available Principal for such Payment Date. The Total
Distribution Amount on any Payment Date shall exclude all payments and proceeds
(including any Liquidation Proceeds and any amounts received from Dealers with
respect to Receivables) of any Receivables the Repurchase Amount of which has
been included in the Total Distribution Amount for a prior Payment Date.

         "Treasury Regulations" means, the treasury regulations promulgated
under Code.

         "Trust Accounts" means, collectively, the Collection Account, the Note
Distribution Account and the Reserve Account.

         "Trust Agreement" means the Amended and Restated Trust Agreement dated
as of July 1, 2001, between the Seller and the Owner Trustee, as the same may be
amended and supplemented from time to time.

         "Trust Estate" means all money, instruments, rights and other property
that are subject or intended to be subject to the lien and security interest of
the Indenture for the benefit of the Noteholders (including all property and
interests Granted to the Indenture Trustee), including all proceeds thereof and
the Reserve Account.

         "Trust Indenture Act" or "TIA" means the Trust Indenture Act of 1939 as
in force on the date hereof, unless otherwise specifically provided.

         "Wells Fargo" means Wells Fargo Bank Minnesota, National Association.

         SECTION 1.2 Usage of Terms. With respect to all terms in this
Agreement, the singular includes the plural and the plural the singular; words
importing any gender include the other gender; references to "writing" include
printing, typing, lithography, and other means of reproducing words in a visible
form; references to agreements and other contractual instruments include all
subsequent amendments thereto or changes therein entered into in accordance with
their respective terms and not prohibited by this Agreement; references to
Persons include their permitted successors and assigns; and the term "including"
means "including without limitation." All references herein to Articles,
Sections, Subsections and Exhibits are references to Articles,

<PAGE>

                                                                              21

Sections, Subsections and Exhibits contained in or attached to this Agreement
unless otherwise specified, and each such Exhibit is part of the terms of this
Agreement.

         SECTION 1.3 Simple Interest Method; Methods of Allocating Payments or
Receivables; Allocations. All allocations of payments to principal and interest
and determinations of periodic charges and the like on the Receivables shall be
based on a year with the actual number of days in such year and twelve months
with the actual number of days in each such month. Each payment on a Receivable
shall be applied first, to the payment of accrued and unpaid interest on such
Receivable, second, to reduce the scheduled principal amount outstanding on the
Receivable to the extent of the remaining scheduled payment, third, to any
outstanding fees and Late Fees under the terms of the Receivable and fourth, to
reduce the principal amount outstanding on the Receivable. Amounts paid by the
Seller or the Servicer in respect of Repurchased Receivables shall be allocated
as if the Obligor thereof had prepaid such Receivable in full on the date as of
which such Receivable was repurchased by the Seller pursuant to Section 3.2 or
purchased by the Servicer pursuant to Section 4.6 or 9.1.

                                   ARTICLE II

                            CONVEYANCE OF RECEIVABLES

         SECTION 2.1 Conveyance of Receivables. In consideration of the Issuer's
delivery of the Notes and the Certificates to and upon the order of the Seller,
the Seller does hereby sell, transfer, assign, and otherwise convey to the
Issuer, without recourse (subject to the Seller's obligations herein):

         (i) all right, title, and interest of the Seller in, to and under the
    Receivables listed in the Schedule of Receivables, which is incorporated by
    reference herein, all proceeds thereof and all amounts and monies received
    thereon on or after the Cutoff Date (including proceeds of the repurchase of
    Receivables by the Seller pursuant to Section 3.2 or the purchase of
    Receivables by the Servicer pursuant to Section 4.6 or 9.1), together with
    the interest of the Seller in the security interests in the Financed
    Vehicles granted by the Obligors pursuant to the Receivables and in any
    repossessed Financed Vehicles;

         (ii) all right, title and interest of the Seller in any Liquidation
    Proceeds and in any proceeds of any extended warranties, theft and physical
    damage, guaranteed auto protection, credit life or credit disability
    policies relating to the Financed Vehicles or the Obligors;

         (iii) all right, title and interest of the Seller in any proceeds from
    Dealer repurchase obligations relating to the Receivables; and

         (iv) all proceeds (as defined in the Relevant UCC) of the foregoing.

<PAGE>
                                                                              22

         In connection with such sale, the Seller agrees to record and file, at
its own expense, financing statements (and continuation statements with respect
to such financing statements when applicable) with respect to the Receivables
for the sale of accounts and chattel paper meeting the requirements of
applicable state law in such manner and in such jurisdictions as are necessary
to perfect the sale and assignment of the Receivables to the Issuer.

         It is the intention of the Seller and the Issuer that (a) the
assignment and transfer herein contemplated constitute a sale of the
Receivables, conveying good title thereto free and clear of any liens and
encumbrances, from the Seller to the Issuer and (b) the Receivables not be part
of the Seller's estate in the event of an insolvency. In the event that such
conveyance is deemed to be a pledge to secure a loan, the Seller hereby grants
to the Issuer a first priority perfected security interest in all of the
Seller's right, title and interest in, to and under the items of property listed
in clauses (i) through (iii) above, and in all proceeds (as defined in the
Relevant UCC) of the foregoing, to secure the loan deemed to be made in
connection with such pledge and, in such event, this Agreement shall constitute
a security agreement under applicable law.

         SECTION 2.2 Closing. The conveyance of the Receivables shall take place
at the offices of Simpson Thacher & Bartlett, New York, New York on the Closing
Date, simultaneously with the closing of the transactions contemplated by the
underwriting agreements related to the Notes and the Certificates and the other
Basic Documents. Upon the acceptance by the Seller of the Notes and the
Certificates, the ownership of each Receivable and the contents of the related
Receivable File will be vested in the Issuer, subject only to the lien of the
Indenture.

                                  ARTICLE III

                                 THE RECEIVABLES

         SECTION 3.1 Representations and Warranties of Seller; Conditions
Relating to Receivables.

         (a) The Seller makes the following representations and warranties as to
the Receivables on which the Issuer shall rely in acquiring the Receivables.
Such representations and warranties shall speak as of the Cutoff Date unless
otherwise specified, but shall survive the sale, transfer, and assignment of the
Receivables to the Issuer and the pledge thereof to the Indenture Trustee
pursuant to the Indenture.

         (i) Schedule of Receivables. The Schedule of Receivables identifies the
    Receivables by account number, name of Obligor and remaining principal
    balance of the Receivables as of the Cutoff Date and the information set
    forth in the Schedule of Receivables with respect to each Receivable is true
    and correct in all material respects, and no selection procedures materially
    adverse to the Holders has been utilized in selecting the Receivables from
    all receivables owned by the Seller which meet the selection criteria
    specified herein.

         (ii) No Sale or Transfer. No Receivable has been sold, transferred,
    assigned or pledged by the Seller to any Person other than the Issuer.

<PAGE>

                                                                              23

         (iii) Good Title. Immediately prior to the transfer and assignment of
    the Receivables to the Issuer herein contemplated, the Seller has good and
    marketable title to each Receivable free and clear of all Liens and rights
    of others; and, immediately upon the transfer thereof, the Issuer has either
    (i) good and marketable title to each Receivable, free and clear of all
    Liens and rights of others, other than the Lien of the Indenture Trustee
    under the Indenture, and the transfer has been perfected under applicable
    law or (ii) a first priority perfected security interest in each Receivable
    and the proceeds thereof.

         (b) Each Receivable satisfies the following conditions as of the Cutoff
Date unless otherwise specified and such conditions shall survive the sale,
transfer and assignment of the Receivables to the Issuer and the pledge thereof
to the Indenture Trustee pursuant to the Indenture.

         (i) Acquisition. Each Receivable is a Dealer Receivable acquired
    directly or indirectly from or made through a Dealer located in the United
    States (including the District of Columbia);

         (ii) Security. Each Receivable is secured by a new or used automobile
    or light-duty truck;

         (iii) Maturity of Receivables. Each Receivable had a remaining maturity
    of not less than ten months and not greater than seventy-two months, and (A)
    in the case of each Receivable secured by new Financed Vehicles, had an
    original maturity of at least twelve months and not more than seventy-three
    months, or (B) in the case of each Receivable secured by used Financed
    Vehicles, had an original maturity of at least twelve months and not more
    than sixty-seven months.

         (iv) Contract Rate. Each Receivable is a fully-amortizing fixed rate
    simple interest contract or note that provides for level scheduled monthly
    payments over its remaining term, has a Contract Rate of at least 0.90% and
    not more than 18.00%;

         (v) No Repossessions. Each Receivable is secured by a Financed Vehicle
    that had not been repossessed without reinstatement of such Receivable;

         (vi) Obligor Not Subject to Bankruptcy Proceedings. Each Receivable has
    been entered into by an Obligor who had not been identified on the computer
    files of the Seller as in bankruptcy proceedings;

         (vii) No Overdue Payments. Each Receivable had no payment that was more
    than 30 days past due;

         (viii) Remaining Principal Balance. Each Receivable had a remaining
    Principal Balance of at least $2,000 and not greater than $100,000;

         (ix) No Force Placed Insurance. Each Receivable was secured by a
    Financed Vehicle that was not insured by a force placed insurance policy or
    any vendor's single interest and non-filing insurance policy;

<PAGE>

                                                                              24

         (x) Receivable Files. The Receivable Files was kept at one or more of
    the locations specified in Schedule B hereto;

         (xi) Characteristics of Receivables. Each Receivable (a) has been
    originated in the form of a credit sales transaction by a Dealer or a
    purchase money loan or other note through a Dealer located in one of the
    States of the United States (including the District of Columbia) for the
    retail financing of a Financed Vehicle and has been fully and properly
    executed by the parties thereto, (b) if a retail installment sales contract,
    has been purchased by the Seller from the originating Dealer or an Affiliate
    of the Seller and has been validly assigned by such Dealer or an Affiliate
    of the Seller to the Seller in accordance with its terms; (c) contains
    customary and enforceable provisions such that the rights and remedies of
    the holder thereof are adequate for realization against the collateral of
    the benefits of the security; and (d) provides for fully amortizing level
    scheduled monthly payments (provided that the payment in the last month in
    the life of the Receivable may be different from the level scheduled
    payment) and for accrual of interest at a fixed rate according to the Simple
    Interest Method;

         (xii) Compliance with Laws. Each Receivable and each sale of the
    related Financed Vehicle complied at the time it was originated or made, and
    complied on and after the Cutoff Date, in all material respects with all
    requirements of applicable federal, state, and local laws, and regulations
    thereunder, including usury laws, the Federal Truth-in-Lending Act, the
    Equal Credit Opportunity Act, the Fair Credit Reporting Act, the Federal
    Trade Commission Act, the Magnuson-Moss Warranty Act, Federal Reserve Board
    Regulations B and Z, state adaptations of the National Consumer Act and of
    the Uniform Consumer Credit Code, and any other consumer credit, equal
    opportunity, and disclosure laws applicable to such Receivable and sale
    thereof;

         (xiii) Binding Obligation. Each Receivable constitutes the legal,
    valid, and binding payment obligation in writing of the Obligor, enforceable
    by the holder thereof in all material respects in accordance with its terms,
    subject, as to enforcement, to applicable bankruptcy, insolvency,
    reorganization, liquidation and other similar laws and equitable principles
    relating to or affecting the enforcement of creditors' rights;

         (xiv) No Government Obligor. Each Receivable is not due from the United
    States of America or any State or from any agency, department,
    instrumentality or political subdivision of the United States of America or
    any State or local municipality, and each Receivable is not due from a
    business except to the extent that such Receivable has a personal guaranty;

         (xv) Security Interest in Financed Vehicle. Immediately prior to the
    sale and assignment thereof to the Issuer as herein contemplated, each
    Receivable was secured by a validly perfected first priority security
    interest in the related Financed Vehicle in favor of or for the benefit of
    the Seller as secured party (subject to administrative delays and clerical
    errors on the part of the applicable governmental agency and to any
    statutory or other lien arising by operation of law after the Closing Date
    which is prior to such security interest), the Seller's security interest
    (or beneficial interest therein) is assignable, and has been so assigned by
    the Seller to the Issuer, and at such time as

<PAGE>

                                                                              25

    enforcement of such security interest is sought, each Receivable shall be
    secured by a validly perfected first priority security interest in the
    related Financed Vehicle for the benefit of the Issuer (subject to
    administrative delays and clerical errors on the part of the applicable
    governmental agency and to any statutory or other lien arising by operation
    of law after the Closing Date which is prior to such security interest);

         (xvi) Receivables in Force. No Receivable has been satisfied,
    subordinated, or rescinded, nor has any Financed Vehicle been released from
    the Lien granted by the related Receivable, in whole or in part;

         (xvii) No Waiver. No provision of a Receivable has been waived in such
    a manner that such Receivable fails either to meet all of the
    representations and warranties made by the Seller herein with respect
    thereto or to meet all of the conditions with respect thereto pursuant to
    this Section 3.1(b);

         (xviii) No Amendments. No Receivable has been amended except pursuant
    to either instruments included in the Receivable Files or instruments to be
    included in the Receivable Files pursuant to Section 4.2 (or otherwise
    maintained by the Seller in the ordinary course of its business), and no
    such amendment has caused such Receivable either to fail to meet all of the
    representations and warranties made by the Seller herein with respect
    thereto or to fail to meet all of the conditions with respect thereto
    pursuant to this Section 3.1(b);

         (xix) No Defenses. The Seller had no knowledge either of any facts
    which would give rise to any right of rescission, setoff, counterclaim, or
    defense, or of the same being asserted or threatened, with respect to any
    Receivable;

         (xx) No Liens. The Seller had no knowledge of any Liens or claims that
    have been filed, including liens for work, labor, materials or unpaid taxes
    relating to a Financed Vehicle, that would be liens prior to, or equal or
    coordinate with, the lien granted by the Receivable;

         (xxi) No Default. Except for payment defaults continuing for a period
    of not more than 30 days as of the close of business on the Cutoff Date, the
    Seller has no knowledge that a default, breach, violation, or event
    permitting acceleration under the terms of any Receivable exists; the Seller
    has no knowledge that a continuing condition that with notice or lapse of
    time would constitute a default, breach, violation, or event permitting
    acceleration under the terms of any Receivable exists; and the Seller has
    not waived any of the foregoing;

         (xxii) Insurance. Each Receivable requires that the Obligor thereunder
    maintain comprehensive, liability, theft and physical damage insurance
    covering the related Financed Vehicle;

<PAGE>

                                                                              26

         (xxiii) Lawful Assignment. No Receivable has been originated in, or is
    subject to the laws of, any jurisdiction under which the sale, transfer, and
    assignment of such Receivable under this Agreement or pursuant to transfers
    of the Certificates or the Notes is unlawful, void or voidable;

         (xxiv) All Filings Made. No filings (other than filings under the
    Relevant UCC which have been made) or other actions are necessary in any
    jurisdiction to give the Issuer a first perfected security interest in the
    Receivables;

         (xxv) One Original. There is no more than one original executed copy of
    each Receivable which, immediately prior to the delivery thereof to the
    Servicer (as custodian for the Issuer), was in the possession of the Seller;

         (xxvi) Excluded Loans. Each Receivable is not a Receivable originated
    by or through a Dealer located in the State of Alabama; and

         (xxvii) No Debt Cancellation Policy. No Receivable is subject to a Debt
    Cancellation Policy.

         SECTION 3.2 Repurchase Upon Breach or Failure of a Condition. The
Seller, the Servicer, the Indenture Trustee or the Owner Trustee, as the case
may be, shall inform the other parties in writing, upon the discovery by the
Seller, the Servicer or an Authorized Officer of the Indenture Trustee or the
Owner Trustee, as the case may be, of either any breach of the Seller's
representations and warranties set forth in Section 3.1(a) or the failure of any
Receivable to satisfy any of the conditions set forth in Section 3.1(b) which
materially and adversely affects the Holders' interest in any Receivable. Unless
the breach or failed condition shall have been cured by the last day of the
Collection Period following the Collection Period in which such discovery
occurred (or, at the Seller's option, the last day of the Collection Period in
which such discovery occurred), the Seller shall repurchase any Receivable the
Holders' interest in which was materially and adversely affected by the breach
or failed condition, as of such last day. In consideration of the repurchase of
a Receivable, the Seller shall remit the Repurchase Amount of such Receivable as
of such last day (less any Liquidation Proceeds deposited, or to be deposited,
by the Servicer in the Collection Account with respect to such Receivable
pursuant to Section 4.3) in the manner specified in Section 5.4. The sole remedy
of the Issuer, the Indenture Trustee or the Holders with respect either to a
breach of the Seller's representations and warranties set forth in Section
3.1(a) or to a failure of any of the conditions set forth in Section 3.1(b)
shall be to require the Seller to repurchase Receivables pursuant to this
Section 3.2. The obligation of the Seller to repurchase under this Section 3.2
shall not be dependent upon the actual knowledge of the Seller of any breached
representation or warranty and shall exist without regard to any limitation set
forth in any representation or warranty concerning the knowledge of the Seller
as to the facts stated therein. The Owner Trustee shall have no duty to conduct
any affirmative investigation as to the occurrence of any condition requiring
the repurchase of any Receivable pursuant to this Section 3.2 or the eligibility
of any Receivable for purposes of this Agreement.

         SECTION 3.3 Custody of Receivable Files. To assure uniform quality in
servicing the Receivables and to reduce administrative costs, the Issuer, upon
the execution and delivery of this Agreement, agrees to have the Servicer act as
custodian of the following

<PAGE>

                                                                              27

documents or instruments (the "Receivable Files") which are hereby
constructively delivered to the Issuer with respect to each Receivable:

         (i) The original executed Receivable; and

         (ii) Any and all other documents or records that the Seller or the
    Servicer, as the case may be, shall keep on file, in accordance with its
    customary procedures, relating to a Receivable, an Obligor or a Financed
    Vehicle.

         The Servicer hereby agrees to act as custodian and as agent for the
Issuer hereunder. The Servicer acknowledges that it holds the documents and
instruments relating to the Receivables for the benefit of the Issuer. The
Issuer shall have no responsibility to monitor the Servicer's performance as
custodian and shall have no liability in connection with the Servicer's
performance of such duties hereunder.

         SECTION 3.4 Duties of Servicer as Custodian.

         (a) Safekeeping. The Servicer, in its capacity as custodian, shall hold
the Receivable Files on behalf of the Issuer, and maintain such accurate and
complete accounts, records (either original execution documents or copies of
such originally executed documents shall be sufficient) and computer systems
pertaining to the Receivables as shall enable the Issuer to comply with its
obligations pursuant to this Agreement. In performing its duties as custodian,
the Servicer shall act with reasonable care, using that degree of skill and
attention that the Servicer exercises with respect to the receivable files of
comparable new or used automobile receivables that the Servicer services for
itself. The Servicer shall conduct, or cause to be conducted, periodic audits of
the files of all receivables owned or serviced by the Servicer which shall
include the Receivable Files held by it under this Agreement and the related
accounts, records and computer systems, in such a manner as shall enable the
Owner Trustee or the Indenture Trustee to identify all Receivable Files and such
related accounts, records and computer systems and to verify, if the Owner
Trustee or the Indenture Trustee so elects, the accuracy of the Servicer's
recordkeeping. The Servicer shall promptly report to the Owner Trustee or the
Indenture Trustee any failure on its part to hold the Receivable Files and
maintain its accounts, records, and computer systems as herein provided, and
promptly take appropriate action to remedy any such failure.

         (b) Maintenance of and Access to Records. The Servicer shall maintain
each Receivable File at one of the locations specified in Schedule B to this
Agreement, or at such other location as shall be specified to the Owner Trustee
and the Indenture Trustee by 30 days' prior written notice. The Servicer shall
make available to the Owner Trustee, the Indenture Trustee or their respective
duly authorized representatives, attorneys or auditors, the Receivable Files and
the related accounts, records and computer systems maintained by the Servicer at
such times during normal operating hours as the Owner Trustee or Indenture
Trustee shall reasonably instruct which does not unreasonably interfere with the
Servicer's normal operations or customer or employee relations.

         (c) Release of Documents. Upon instruction from the Indenture Trustee
(or, if the Notes have been paid in full, from the Owner Trustee), the Servicer
shall release any document

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                                                                              28

in the Receivable Files to the Indenture Trustee or Owner Trustee, or their
respective agents or designee, as the case may be, at such place or places as
such Person may reasonably designate as soon as reasonably practicable to the
extent it does not unreasonably interfere with the Servicer's normal operations
or customer or employee relations. The Servicer shall not be responsible for any
loss occasioned by the failure of the Owner Trustee or Indenture Trustee, or
their respective agents or designees, to return any document or any delay in
doing so.

         (d) Title to Receivables. The Servicer agrees that, in respect of any
Receivable held by it as custodian hereunder, (i) the Servicer will not at any
time have or in any way attempt to assert any interest in such Receivable or the
related Receivable File, other than solely for the purpose of collecting or
enforcing the Receivable for the benefit of the Issuer and (ii) the related
Receivable File shall at all times be property of the Issuer.

         SECTION 3.5 Instructions; Authority to Act. The Servicer shall be
deemed to have received proper instructions with respect to the Receivable Files
upon its receipt of written instructions signed by an Authorized Officer of the
Indenture Trustee (or, if the Notes have been paid in full, of the Owner
Trustee). A certified copy of a by-law or of a resolution of the Board of
Directors of the Owner Trustee or the Indenture Trustee, as the case may be,
shall constitute conclusive evidence of the authority of any such Authorized
Officer to act and shall be considered in full force and effect until receipt by
the Servicer of written notice to the contrary given by the Owner Trustee or the
Indenture Trustee, as the case may be.

         SECTION 3.6 Custodian's Indemnification. The Servicer, as custodian,
shall indemnify the Issuer, the Owner Trustee and the Indenture Trustee for any
and all liabilities, obligations, losses, damages, payments, costs, or expenses
of any kind whatsoever that may be imposed on, incurred or asserted against the
Issuer, the Owner Trustee or the Indenture Trustee as the result of any act or
omission in any way relating to the maintenance and custody by the Servicer, as
custodian, of the Receivable Files; provided, however, that the Servicer shall
not be liable for any portion of any such amount resulting from the willful
misfeasance, bad faith, or negligence of the Issuer, the Owner Trustee or the
Indenture Trustee.

         SECTION 3.7 Effective Period and Termination. The Servicer's
appointment as custodian shall become effective as of the Cutoff Date and shall
continue in full force and effect until terminated pursuant to this Section 3.7
or until this Agreement shall be terminated. If the Servicer shall resign as
Servicer under Section 7.5 or if all of the rights and obligations of the
Servicer shall have been terminated under Section 8.1, the appointment of the
Servicer as custodian may be terminated by the Indenture Trustee or by the
Holders of Notes evidencing not less than a majority of the aggregate
Outstanding Amount of the Notes (or, if there are no Notes outstanding, the
Holders of Certificates representing not less than a majority of the Certificate
Balance), in the same manner as the Indenture Trustee or such Holders may
terminate the rights and obligations of the Servicer under Section 8.1. As soon
as practicable after any termination of such appointment, the Servicer shall, at
its expense, deliver the Receivable Files to the Issuer or the Issuer's agent at
such place or places as the Issuer may reasonably designate. Notwithstanding the
termination of the Servicer as custodian, the Owner Trustee agrees that upon any
such termination, the Issuer shall provide, or cause its agent to provide,
access to the Receivable Files to the Servicer for the purpose of carrying out
its duties and responsibilities with respect to the servicing of the Receivables
hereunder.

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                                                                              29

                                   ARTICLE IV

                   ADMINISTRATION AND SERVICING OF RECEIVABLES

         SECTION 4.1 Duties of Servicer. The Servicer is hereby authorized to
act as agent for the Issuer and in such capacity shall manage, service,
administer and make collections on the Receivables (other than Repurchased
Receivables) with reasonable care, using that degree of skill and attention that
the Servicer exercises with respect to comparable new or used automobile
receivables that it services for itself. The Servicer's duties shall include
collection and posting of all payments, responding to inquiries by Obligors or
by federal, state, or local governmental authorities with respect to the
Receivables, investigating delinquencies, reporting tax information to Obligors
in accordance with its customary practices, advancing costs of disposition of
defaults, monitoring Receivables in cases of Obligor defaults, accounting for
collections, furnishing monthly and annual statements to the Indenture Trustee
with respect to distributions. The Servicer shall follow its customary
standards, policies, and procedures in performing its duties as Servicer
hereunder; provided that the Servicer shall be permitted to take or to refrain
from taking any action not specified in this Agreement with respect to servicing
the Receivables if such action or inaction would not contravene any material
term of this Agreement or materially and adversely affect the interests of
Holders and is not outside customary or normal servicing procedures. Without
limiting the generality of the foregoing, the Servicer shall be authorized and
empowered by the Issuer to execute and deliver, on behalf of itself, the Owner
Trustee, the Indenture Trustee and the Holders, or any of them, any and all
instruments of satisfaction or cancellation, or of partial or full release or
discharge, and all other comparable instruments, without recourse to the Issuer,
with respect to the Receivables or with respect to the Financed Vehicles. If the
Servicer shall commence a legal proceeding to enforce a Receivable or a
Defaulted Receivable, the Issuer shall thereupon be deemed to have automatically
assigned such Receivable and the related property conveyed to the Issuer with
respect to such Receivable to the Servicer, solely for the purpose of
collection. The Owner Trustee shall furnish the Servicer with such documents as
have been prepared by the Servicer for execution by the Owner Trustee and as are
necessary or appropriate to enable the Servicer to carry out its servicing and
administrative duties hereunder.

         SECTION 4.2 Collection of Receivable Payments; Refinancing. (a) The
Servicer shall make reasonable efforts to collect all payments called for under
the terms and provisions of the Receivables and of this Agreement as and when
the same shall become due, and shall follow such collection procedures as it
follows with respect to comparable new or used automobile receivables that it
services for itself and that are consistent with prudent industry standards. In
connection therewith, the Servicer may grant extensions, rebates or adjustments
on a Receivable without the consent of the Issuer; provided, however, that if
the Servicer extends the date for final payment by the Obligor of any Receivable
beyond the Final Scheduled Maturity Date, it shall promptly repurchase such
Receivable pursuant to Section 4.6. The Servicer is authorized in its discretion
to waive any Late Fees that may be due in the ordinary course of collecting a
Receivable; provided, further, that the Servicer shall not agree to any change
in the underlying Contract Rate on any Receivable, to any change in the
Principal Balance thereof (except with respect to a prepayment of a scheduled
payment that does not result in a deferral of any other scheduled payment), to
any reduction of the total number of payments due thereunder or, subject to the
foregoing, to any reduction of the amount of any scheduled

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                                                                              30

payment on a Receivable. In the event that at the end of the scheduled term of
any Receivable, the outstanding principal amount thereof is such that the final
payment to be made by the related Obligor is larger than the regularly scheduled
payment of principal and interest made by such Obligor, the Servicer may permit
such Obligor to pay such remaining principal amount in more than one payment of
principal and interest; provided, however, that the last such payment shall be
due on or prior to the Final Scheduled Maturity Date.

         (b) Notwithstanding anything in this Agreement to the contrary, the
Servicer may refinance any Receivable by accepting a new promissory note from
the related Obligor and applying the proceeds of such refinancing to pay all
obligations in full of such Obligor under such Receivable. The receivable
created by the refinancing shall not be property of the Issuer.

         SECTION 4.3 Realization Upon Receivables. The Servicer shall use
reasonable efforts, consistent with its customary servicing procedures, to
repossess or otherwise take possession of the Financed Vehicle securing any
Receivable during the calendar month in which more than 10% of any scheduled
payment thereunder becomes 90 days delinquent; provided, however that the
Servicer may repossess or otherwise take possession of the Financed Vehicle
securing a Receivable (i) earlier if (A) such Receivable becomes a Defaulted
Receivable, (B) the Servicer determines that such Financed Vehicle is in danger
of being damaged, destroyed or otherwise made unavailable for repossession or
(C) the related Obligor voluntarily surrenders such Financed Vehicle or (ii)
later if (A) the Servicer is unable to locate such Financed Vehicle, (B) the
related Obligor is the subject of a bankruptcy proceeding or (C) the Servicer
otherwise defers repossession of such Financed Vehicle in accordance with its
normal and customary servicing practices and procedures. After repossession of a
Financed Vehicle, the Servicer shall in accordance with its customary and usual
practices and procedures sell such Financed Vehicle in an auction or consign
such Financed Vehicle to a Dealer for resale as soon as is practicable after
repossession, subject to any applicable laws. The Servicer shall follow such
customary and usual practices and procedures as it shall deem necessary or
advisable in determining when and if to exercise reasonable efforts to realize
upon any recourse to Dealers. The Servicer shall be entitled to recover from
proceeds all reasonable expenses incurred by it in the course of converting the
Financed Vehicle into cash proceeds. The Liquidation Proceeds with respect to a
Receivable shall be deposited by the Servicer in the Collection Account in the
manner specified in Section 5.2 and shall be applied to reduce (or to satisfy,
as the case may be) the Repurchase Amount of the Receivable, if such Receivable
is to be repurchased by the Seller pursuant to Section 3.2, or is to be
purchased by the Servicer pursuant to Section 4.6. The foregoing shall be
subject to the provision that, in any case in which a Financed Vehicle shall
have suffered damage, the Servicer shall not expend funds in connection with the
repair or the repossession of such Financed Vehicle unless it shall determine in
its sole discretion that such repair and/or repossession will increase the
Liquidation Proceeds of the related Receivable by an amount equal to or greater
than the amount of such expenses.

         SECTION 4.4 Maintenance of Security Interests in Financed Vehicles. The
Servicer, in accordance with its customary servicing procedures, shall take such
steps as are necessary to maintain perfection of the first priority security
interest of the Seller created in any Financed Vehicle which secures a
Receivable. The Owner Trustee, on behalf of the Issuer, and the Indenture
Trustee hereby authorize the Servicer, and the Servicer hereby agrees, to take
such steps as are necessary to re-perfect such security interest in the event of
the relocation of a

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                                                                              31

Financed Vehicle or for any other reason, in either case, when the Servicer has
knowledge of the need for such re-perfection. In the event that the assignment
of a Receivable to the Issuer and by the Issuer to the Indenture Trustee
pursuant to the Indenture is insufficient without a notation on the related
Financed Vehicle's certificate of title, or without fulfilling any additional
administrative requirements under the laws of the State in which the Financed
Vehicle is located, to grant to the Indenture Trustee a perfected security
interest in the related Financed Vehicle, the Seller and Servicer hereby agree
that the Seller's listing as the secured party on the certificate of title is
deemed to be in its capacity as agent of the Indenture Trustee and the Servicer
further agrees to hold such certificate of title as the Indenture Trustee's
agent and custodian; provided, however, that the Servicer shall not, nor shall
the Owner Trustee, the Indenture Trustee or Holders have the right to require
that the Servicer, make any such notation on the related Financed Vehicles'
certificate of title or fulfill any such additional administrative requirement
of the laws of the State in which a Financed Vehicle is located.

         SECTION 4.5 Covenants of Servicer. The Servicer hereby makes the
following covenants on which the Issuer will rely in accepting the Receivables:

         (i) Security Interest to Remain in Force. The Financed Vehicle securing
    each Receivable shall not be released from the security interest granted by
    the Receivable in whole or in part except if such Financed Vehicle is
    substituted in whole by the manufacturer, dealer or seller as a result of
    mechanical defects or a total loss of the Financed Vehicle because of
    accident or theft or as otherwise contemplated herein;

         (ii) No Impairment. The Servicer shall not impair the rights of the
    Issuer, the Indenture Trustee or any Holder in the Receivables; and

         (iii) Extensions; Defaulted Receivables. The Servicer shall not
    increase the number of payments under a Receivable, nor increase the Amount
    Financed under a Receivable, nor extend or forgive payments on a Receivable
    or otherwise amend the terms of any Receivable, except as provided in
    Section 4.2.

         SECTION 4.6 Purchase of Receivables Upon Breach. The Seller, the
Servicer, the Indenture Trustee or the Owner Trustee, as the case may be, shall
inform the other parties promptly, in writing, upon the discovery by the Seller,
the Servicer or an Authorized Officer of the Indenture Trustee or the Owner
Trustee, as the case may be, of any breach by the Servicer of its covenants
under Section 4.5 which materially and adversely affects the interest of the
Holders in any Receivable (for this purpose, any breach of the covenant set
forth in Section 4.5(iii) shall be deemed to materially and adversely affect the
interest of the Holders in a Receivable). Except as otherwise specified in
Section 4.2, unless the breach shall have been cured by the last day of the
Collection Period following the Collection Period in which such discovery
occurred (or, at the Servicer's election, the last day of the Collection Period
in which such discovery occurred), the Servicer shall purchase any Receivable
materially and adversely affected by such breach as of such last day. In
consideration of the purchase of such Receivable, the Servicer shall remit the
Repurchase Amount (less any Liquidation Proceeds deposited, or to be deposited,
by the Servicer in the Collection Account with respect to such Receivable
pursuant to Section 4.3) in the manner specified in Section 5.4. The sole remedy
of the Issuer, the Owner Trustee, the Indenture Trustee or the Holders against
the Servicer with respect to a breach pursuant to

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                                                                              32

Section 4.2 or 4.5 shall be to require the Servicer to purchase Receivables
pursuant to this Section 4.6. The Owner Trustee shall have no duty to conduct
any affirmative investigation as to the occurrence of any condition requiring
the repurchase of any Receivable pursuant to this Section 4.6 or the eligibility
of any Receivable for purposes of this Agreement.

         SECTION 4.7 Servicing Fee. The Servicing Fee for a Collection Period
shall be payable on the related Payment Date pursuant to Section 5.5 and shall
equal the sum of (i) the product of one-twelfth of the Servicing Fee Rate and
the Pool Balance as of the related Settlement Date and (ii) Late Fees received
from Obligors during such Collection Period. In addition, as part of the
Servicing Fee, the Servicer shall be entitled to receive on each Payment Date
Investment Earnings when and as paid on amounts on deposit in the Collection
Account or earned on collections pending deposit in the Collection Account. The
Servicer shall be required to pay from its own account all expenses incurred by
it in connection with its activities hereunder (including fees and disbursements
of independent accountants and auditors, taxes imposed on the Servicer, and
other costs incurred in connection with administering and servicing the
Receivables) and the fees and disbursements of the Issuer, the Administrator,
the Owner Trustee, the Indenture Trustee, the Owner Trustee's and the Indenture
Trustee's respective counsel, the Securities Intermediaries, the Paying Agent,
the Authenticating Agent, the Note Registrar and the Certificate Registrar
except for United States federal, state and local income and franchise taxes, if
any, imposed on the Issuer or any Holder or any expenses in connection with
realizing upon Receivables under Section 4.3.

         SECTION 4.8 Servicer's Certificate. On or before each Determination
Date, the Servicer shall deliver to the Indenture Trustee, the Owner Trustee,
the Paying Agent and the Rating Agencies a Servicer's Certificate, substantially
in the form of Exhibit A, for the Collection Period preceding such Determination
Date, containing all information necessary to make the distributions pursuant to
Section 5.5, and all information necessary for the Paying Agent to send
statements to Holders pursuant to Section 5.8. The Servicer shall deliver to the
Rating Agencies any information, to the extent it is available to the Servicer,
that the Rating Agencies reasonably request in order to monitor the Issuer. The
Servicer shall also specify each Receivable which the Seller or the Servicer is
required to repurchase or purchase, as the case may be, as of the last day of
the preceding Collection Period and each Receivable which the Servicer shall
have determined to be a Defaulted Receivable during the preceding Collection
Period. Subsequent to the Closing Date, the form of Servicer's Certificate may
be revised or modified to cure any ambiguities or inconsistencies between such
form and this Agreement; provided, however, that no material information shall
be deleted from the form of Servicer's Certificate. In the event that the form
of Servicer's Certificate is revised or modified in accordance with the
preceding sentence, a form thereof, as so revised or modified, shall be provided
to the Owner Trustee, the Paying Agent, the Indenture Trustee and each Rating
Agency.

         SECTION 4.9 Annual Statement as to Compliance. (a) The Servicer shall
deliver to a firm of independent certified public accountants, on or before
March 31 of each year commencing March 31, 2002, a certificate signed by the
chairman of the board, the president, the treasurer, the controller, any
executive or senior vice president or any vice president of the Servicer,
stating that (a) a review of the activities of the Servicer during the year
ended the preceding December 31 (or the period since the Cutoff Date in the case
of the first such

<PAGE>
                                                                              33

certificate) and of its performance under this Agreement has been made under
such officer's supervision and (b) to the best of such officer's knowledge,
based on such review, the Servicer has fulfilled all its obligations in all
material respects under this Agreement throughout such year (or the period since
the Cutoff Date in the case of the first such certificate), or, if there has
been a default in the fulfillment of any such obligation, specifying each such
default known to such officer and the nature and status thereof.

         (b) The Servicer shall deliver to the Indenture Trustee, the Owner
Trustee and each Rating Agency promptly after having obtained knowledge thereof,
but in no event later than five Business Days thereafter, an Officer's
Certificate specifying any event which with the giving of notice or lapse of
time, or both, would become an Event of Servicing Termination under Section 8.1.
The Seller shall deliver to the Indenture Trustee and the Owner Trustee,
promptly after having obtained knowledge thereof, but in no event later than
five Business Days thereafter, an Officer's Certificate specifying any event
which with the giving of notice or lapse of time, or both, would become an Event
of Servicing Termination under Section 8.1.

         SECTION 4.10 Annual Audit Report. The Servicer shall cause a firm of
independent public accountants (which may provide other services to the Servicer
or the Seller) to prepare a report (with a copy of the certificate described in
Section 4.9(a) attached) addressed to the Board of Directors of the Servicer,
for the information and use of the Indenture Trustee, the Owner Trustee and the
Rating Agencies on or before March of each year, beginning March 31, 2002, to
the effect that, with respect to the twelve months ended the preceding December
31 (or the period since the Cutoff Date, in the case of the first such
certificate), such firm has either (A) examined a written assertion by the
Servicer about the effectiveness of the Servicer's internal control structure
over the processing and reporting of transactions relating to securitized
automobile loans with respect to the criteria set forth by the Servicer (the
"Assertion") and that, on the basis of such examination, such firm is of the
opinion that the Servicer's Assertion is fairly stated in all material respects
except for such exceptions as shall be set forth in such firm's report, or (B)
such firm has performed the following procedures:

1.  For a sample of daily cash receipts during the preceding calendar year:

    a.   Trace total cash receipts to deposits on bank statements.
    b.   Agree cash receipts for securitized loans to computer reports.
    c.   Trace cash receipts for securitized loans to disbursements to the Owner
         Trustee and the Indenture Trustee.

2.  For a sample of monthly cash receipt reports:

    a.   Agree total cash receipts per the cash receipt reports to "Total
         Payments From Obligors Applied to Collection Period" per monthly
         Servicer Certificates.
    b.   Agree total principal payments per the cash receipt reports to
         "Principal Payments" per monthly Servicer Certificates.

3.  For a sample of loans delinquent 30 days or more and for a sample of loans
    in repossession status, selected from the loan delinquency report or a new
    repossession report, as applicable, at a point in time, trace loan number to
    inclusion in the loan collection system.

<PAGE>

                                                                              34

The determination of which of the two alternative reports to be prepared and
delivered, and the size of each sample to be tested, shall be decided in the
sole discretion of the Servicer. The report of the independent certified public
accountants shall also indicate that such accounting firm is independent of the
Servicer within the meaning of the Code of Professional Ethics of the American
Institute of Certified Public Accountants.

         SECTION 4.11 Access by Holders to Certain Documentation and Information
Regarding Receivables. The Servicer shall provide to the Holders access to the
Receivable Files in such cases where the Holders shall be required by applicable
statutes or regulations to have access to such documentation. Access by the
Holders shall be afforded without charge, but only upon reasonable request and
during normal business hours which does not unreasonably interfere with the
Servicer's normal operations or customer or employee relations. Nothing in this
Section 4.11 shall affect the obligation of the Servicer to observe any
applicable law prohibiting disclosure of information regarding the Obligors, and
the failure of the Servicer to provide access to information as a result of such
obligation shall not constitute a breach of this Section 4.11.

         SECTION 4.12 Reports to Holders and the Rating Agencies. (a) The
Indenture Trustee or the Owner Trustee, as applicable, shall provide to any
Holder who so requests in writing (addressed to the Corporate Trust Office of
such trustee) a copy of any Servicer's Certificate described in Section 4.8, of
the annual statement described in Section 4.9(a), or of the annual report
described in Section 4.10. The Indenture Trustee or the Owner Trustee, as
applicable, may require the Holder to pay a reasonable sum to cover the cost of
the Indenture Trustee's or the Owner Trustee's complying with such request, as
applicable.

         (b) The Indenture Trustee or the Owner Trustee, as applicable, shall
forward to the Rating Agencies the statement to Holders described in Section 5.8
and any other reports it may receive pursuant to this Agreement to (i) Standard
& Poor's, Standard & Poor's Ratings Service, 55 Water Street, New York, New York
10041, (ii) Moody's, ABS Monitoring Dept., 99 Church Street, 4th Floor, New
York, New York 10007 and (iii) to Fitch, One State Street Plaza, 32nd Floor, New
York, New York 10004.

         SECTION 4.13 Reports to the Securities and Exchange Commission. The
Servicer shall, on behalf of the Issuer, cause to be filed with the Commission
any periodic reports required to be filed under the provisions of the Exchange
Act and the rules and regulations of the Securities and Exchange Commission
thereunder.

                                    ARTICLE V

                            ACCOUNTS; DISTRIBUTIONS;
                        STATEMENTS TO CERTIFICATEHOLDERS

         SECTION 5.1 Establishment of Collection Account and Note Distribution
Account.(a) On or prior to the Closing Date, the Issuer, the Collection Account
Securities Intermediary and the Indenture Trustee shall have entered into the
Collection Account Control Agreement pursuant to which the Collection Account
shall be established and maintained for the benefit of the Noteholders and the
Certificateholders. If the depositary of the Collection Account

<PAGE>

                                                                              35

ceases to be either a Qualified Institution or a Qualified Trust Institution, as
applicable, the Issuer shall cause the Collection Account to be moved to a
Qualified Institution or a Qualified Trust Institution and the Indenture Trustee
shall cause the depositary maintaining the new Collection Account to assume the
obligations of the existing Collection Account Securities Intermediary under the
Collection Account Control Agreement unless the Rating Agency Condition is
satisfied in connection with such depositary's ceasing to be a Qualified
Institution or a Qualified Trust Institution, as the case may be. All amounts
held in the Collection Account shall be invested in accordance with the
Collection Account Control Agreement at the written direction of the Servicer to
the extent provided in Section 8.3(a) and Section 8.3(c) of the Indenture in
Permitted Investments that mature not later than the Deposit Date next
succeeding the date of investment except, if the Collection Account Securities
Intermediary and the Indenture Trustee are the same Person, investments on which
the Indenture Trustee is the obligor (including repurchase agreements on which
the Indenture Trustee, in its commercial capacity, is liable as principal) may
mature on the next succeeding Payment Date; provided, however, that once such
amounts have been invested in Permitted Investments, such Permitted Investments
must be held or maintained until they mature on or before the dates described
above.

         (b) On or prior to the Closing Date, the Servicer shall establish and
maintain for the benefit of the Noteholders, in the name of the Indenture
Trustee, an Eligible Deposit Account for the deposit of distributions to the
Noteholders (the "Note Distribution Account"), bearing a designation clearly
indicating that the funds deposited therein are held for the benefit of the
Noteholders. The Note Distribution Account shall be established initially at
Chase. Should any depositary of the Note Distribution Account or the Certificate
Distribution Account (including Chase (or an Affiliate thereof)) cease to be
either a Qualified Institution or a Qualified Trust Institution, as applicable,
then the Servicer shall, with the Seller's assistance as necessary, cause the
related account to be moved to a Qualified Institution or a Qualified Trust
Institution, unless the Rating Agency Condition is satisfied in connection with
such depositary's ceasing to be a Qualified Institution or a Qualified Trust
Institution, as the case may be. Amounts on deposit in the Note Distribution
Account shall not be invested.

         (c) The Indenture Trustee shall possess all right, title and interest
in all funds on deposit from time to time in the Note Distribution Account and
in all proceeds thereof and all such funds, investments, proceeds and income
shall be part of the Owner Trust Estate.

         SECTION 5.2 Collections. (a) The Servicer shall remit daily within
forty-eight hours of receipt to the Collection Account all Collections collected
during the Collection Period. Chase USA has requested that, so long as it is
acting as the Servicer, the Servicer be permitted to make remittances of
Collections on a less frequent basis than that specified in the immediately
preceding sentence. It is understood that such less frequent remittances may be
made only on the specific terms and conditions set forth below in this Section
5.2 and only for so long as such terms and conditions are fulfilled.
Accordingly, notwithstanding the provisions of the first sentence of this
Section 5.2, the Servicer shall remit such collections to the Collection Account
in Automated Clearinghouse Corporation next-day funds or immediately available
funds no later than 11:00 a.m., New York City time, on the Deposit Date, but
only for so long as (i) the short-term certificate of deposit ratings of the
Servicer are at least P-1 by Moody's, "F1" by Fitch (if rated by Fitch) and
"A-1" by Standard & Poor's, or the Rating Agency Condition is satisfied as a
result of Collections being remitted on a monthly, rather than daily, basis and
(ii) the Servicer

<PAGE>

                                                                              36

shall be Chase USA or Chase. Upon remittance by the Servicer of Collections to
the Collection Account pursuant to the preceding sentence, the Paying Agent
shall provide written notice to the Indenture Trustee and the Owner Trustee no
later than 11 a.m., New York City time, on each Deposit Date, setting forth the
amounts remitted by the Servicer on such date and, if the Paying Agent fails to
provide the Indenture Trustee and the Owner Trustee, with such written notice by
12 noon, New York City time, on such Deposit Date, then the Indenture Trustee
and the Owner Trustee shall assume that no deposits were made to the Collection
Account pursuant to this Section 5.2. For purposes of this Section 5.2 the
phrase "payments made on behalf of the Obligors" shall mean payments made by
Persons other than the Seller or the Servicer.

         (b) Notwithstanding anything in this Agreement to the contrary, if the
Servicer inadvertently deposits amounts that it mistakenly believes are
Collections resulting in the payment in full of a Receivable, and (i) the
Servicer discovers its error prior to the Payment following such deposit, the
Indenture Trustee, at the written direction of the Servicer, shall withdraw such
amounts and pay them to the Servicer or (ii) the Servicer shall be deemed to
have purchased such Receivable pursuant to Section 4.6 as of the last day of the
Collection Period during which such error shall have occurred.

         SECTION 5.3 [Reserved]

         SECTION 5.4 Additional Deposits. The Servicer, or the Seller, as the
case may be, shall deposit into the Collection Account the aggregate Repurchase
Amount pursuant to Sections 3.2, 4.6 and 9.1(a), as applicable. All remittances
shall be made to the Collection Account, in Automated Clearinghouse Corporation
next-day funds or immediately available funds, no later than 11 a.m., New York
City time, on the Deposit Date.

         SECTION 5.5 Distributions. (a) No later than 12 noon, New York City
time, on each Determination Date, the Servicer shall calculate all amounts
required to determine the amounts to be withdrawn from the Reserve Account (if
any) and deposited into the Collection Account and the amounts to be withdrawn
from the Collection Account and paid to the Servicer and the Administrator,
deposited into the Note Distribution Account and the Certificate Distribution
Account and/or paid to the Seller pursuant to Section 5.6(d) with respect to the
next succeeding Payment Date.

         (b) On each Deposit Date, the Servicer shall instruct the Indenture
Trustee in writing (based on the information contained in the Servicer's
Certificate delivered on the related Determination Date pursuant to Section 4.8)
to withdraw from the Reserve Account and deposit in the Collection Account the
Reserve Account Transfer Amount (if any) for the related Payment Date, and the
Indenture Trustee shall so withdraw and deposit the Reserve Account Transfer
Amount for such Payment Date.

         (c) Not later than 11:00 a.m., New York City time, on each Payment
Date, at the Servicer's direction, the Indenture Trustee, or the Paying Agent on
behalf of the Indenture Trustee, shall cause to be made the following
distributions, to the extent of the Total Distribution Amount then on deposit in
the Collection Account and amounts withdrawn from the Reserve Account and
deposited in the Collection Account by wire transfer of immediately available

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                                                                              37

funds, in the following order of priority and in the amounts set forth in the
Servicer's Certificate for such Payment Date:

         (i) to the Servicer, the sum of (x) the Servicing Fee for the preceding
    Collection Period, plus (y) the amount of any Servicing Fee previously due
    but not paid, if any, to the extent such amounts are not deducted from the
    Servicer's remittance to the Collection Account pursuant to Section 5.7;

         (ii) to the Administrator, the sum of (x) the Administration Fee for
    such Payment Date, plus (y) the amount of any Administration Fee previously
    due but not paid, if any;

         (iii) to the Note Distribution Account, the Noteholders' Interest
    Distributable Amount;

         (iv) except as set forth in Section 5.5(d), to the Owner Trustee for
    deposit in the Certificate Distribution Account, the Certificateholders'
    Interest Distributable Amount;

         (v) except as set forth in Section 5.5(d), to the Note Distribution
    Account, the Noteholders' Principal Distributable Amount; and

         (vi) except as set forth in Section 5.5(d), to the Owner Trustee for
    deposit in the Certificate Distribution Account, the Certificateholders'
    Principal Distributable Amount; and

         (vii) except as set forth in Section 5.5(d), to the Reserve Account,
    any remaining portion of the Total Distribution Amount.

         In the event that the Collection Account is maintained with an
institution other than the Indenture Trustee, the Servicer shall instruct and
cause such institution to make all deposits and distributions pursuant to this
Section 5.5(c) on the related Deposit Date.

         (d) If the Notes have been declared immediately due and payable as
provided in Section 5.2 of the Indenture following the occurrence of an Event of
Default described in clause (a) or (b) of Section 5.2 of the Indenture, any
amounts remaining in the Collection Account after the distributions described in
clauses (i), (ii) and (iii) of Section 5.5(c) shall be distributed as follows:
(1) an amount equal to the Outstanding Amount of the Notes will be deposited in
the Note Distribution Account, and (2) any remaining amounts will be applied
pursuant to clauses (iv), (v), (vi) and (vii) of Section 5.5(c).

         SECTION 5.6 Reserve Account. (a) On or prior to the Closing Date, the
Issuer, the Reserve Account Securities Intermediary and the Indenture Trustee
shall have entered into the Reserve Account Control Agreement pursuant to which
the Reserve Account shall be established and maintained for the benefit of the
Noteholders and the Certificateholders. Pursuant to Section 2.5 of the Trust
Agreement, on the Closing Date, the Owner Trustee shall deposit the Reserve
Account Initial Deposit into the Reserve Account.

<PAGE>
                                                                             38

         (b) If the depositary of the Reserve Account ceases to be either a
Qualified Institution or a Qualified Trust Institution, as applicable, the
Issuer shall cause the Reserve Account to be moved to a Qualified Institution or
a Qualified Trust Institution and the Indenture Trustee shall cause the
depositary maintaining the new Reserve Account to assume the obligations of the
existing Reserve Account Securities Intermediary under the Reserve Account
Control Agreement unless the Rating Agency Condition is satisfied in connection
with such depositary's ceasing to be a Qualified Institution or a Qualified
Trust Institution, as the case may be.

         (c) All amounts held in the Reserve Account shall be invested in
accordance with the Reserve Account Control Agreement at the written direction
of the Seller to the extent provided in Section 8.3(a) and Section 8.3(c) of the
Indenture in Permitted Investments that mature not later than the Deposit Date
next succeeding the date of investment except, if the Reserve Account Securities
Intermediary and the Indenture Trustee are the same Person, investments on which
the Indenture Trustee is the obligor (including repurchase agreements on which
the Indenture Trustee, in its commercial capacity, is liable as principal) may
mature on the next succeeding Payment Date; provided, however, that amounts on
deposit in the Reserve Account may be invested in Permitted Investments that
mature later than the next succeeding Deposit Date, but in no event that mature
later than 90 days after the date of investment, if the Rating Agency Condition
is satisfied. Once amounts on deposit in the Reserve Account are invested in
Permitted Investments, such Permitted Investments must be held or maintained
until they mature on or before the dates described above.

         (d) On each Payment Date, the Indenture Trustee shall withdraw from the
Reserve Account and pay to the Seller the sum of (i) all investment earnings
(net of losses and investment expenses) credited to the Reserve Account since
the prior Payment Date and (ii) the excess, if any, of the amount on deposit in
the Reserve Account over the Specified Reserve Account Balance with respect to
such Payment Date (after giving effect to all deposits therein or withdrawals
therefrom on such Payment Date). Upon any distribution to the Seller of amounts
from the Reserve Account, the Holders will have no rights in, or claims, to,
such amounts. Amounts properly distributed to the Seller from the Reserve
Account shall not be available under any circumstances to the Indenture Trustee,
and the Seller shall not in any event thereafter be required to refund any such
distributed amounts.

         SECTION 5.7 Net Deposits. Chase USA (in its capacity as the Seller or
the Servicer) may make the remittances pursuant to Sections 5.2 and 5.4 above,
net of amounts to be retained by it or distributed to it (also in any such
capacity) pursuant to Section 4.7 (if applicable) and Section 5.5, if (a) it
shall be the Servicer and (b) it is entitled, pursuant to Section 5.2, to make
deposits on a monthly basis, rather than a daily basis. Nonetheless, the
Servicer shall account for all of the above-described amounts as if such amounts
were deposited and distributed separately.

         SECTION 5.8 Statements to Certificateholders and Noteholders. (a) On
each Payment Date, the Servicer shall provide to the Indenture Trustee and the
Paying Agent (for the Paying Agent to forward to each Noteholder of record
pursuant to the Indenture) and to the Owner Trustee (for the Owner Trustee to
forward to each Certificateholder of record pursuant to the Trust Agreement) a
statement substantially in the form of Exhibit B (or such other form that

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                                                                              39

is acceptable to the Indenture Trustee, the Owner Trustee and the Servicer),
with a copy to the Rating Agencies, setting forth at least the following
information as to the Notes (separately stating such information as to the Class
A-1 Notes, the Class A-2 Notes, the Class A-3 Notes and the Class A-4 Notes) and
the Certificates, to the extent applicable:

         (i) the amount of such distribution allocable to principal on each
    class of Notes and the Certificates;

         (ii) the amount of such distribution allocable to interest on each
    class of Notes and the Certificates;

         (iii) the amount of the Servicing Fee paid to the Servicer pursuant to
    Section 5.5(c);

         (iv) the amount of the Administration Fee paid to the Administrator on
    such Payment Date;

         (v) the Outstanding Amount of each class of the Notes, the Class A-1
    Note Pool Factor, the Class A-2 Note Pool Factor, the Class A-3 Note Pool
    Factor, the Class A-4 Note Pool Factor, the Certificate Balance and the
    Certificate Pool Factor, in each case after giving effect to payments
    allocated to principal reported under (i) above;

         (vi) the Pool Balance as of the last day of the preceding Collection
    Period;

         (vii) the aggregate amount of the Repurchase Amounts for Repurchased
    Receivables with respect to the related Collection Period paid by each of
    the Seller and the Servicer (accounted for separately);

         (viii) the amount of Aggregate Net Losses, if any, for such Payment
    Date;

         (ix) the balance of the Reserve Account on such Payment Date, after
    giving effect to deposits into and withdrawals from the Reserve Account on
    such Payment Date;

         (x) the Specified Reserve Account Balance for such Payment Date;

         (xi) the Total Distribution Amount for such Payment Date;

         (xii) the Noteholders' Distributable Amount and the components thereof;

         (xiii) the Certificateholders' Distributable Amount and the components
    thereof; and

         (xiv) the Reserve Account Transfer Amount, if any, for such Payment
    Date.

         Each amount set forth pursuant to subclause (i), (ii), (iii), (iv),
(xii) or (xiii) above shall be expressed as a dollar amount per $1,000 of
original principal balance of a Note or a Certificate, as applicable.

<PAGE>

                                                                              40

                                   ARTICLE VI

                                   THE SELLER

         SECTION 6.1 Representations of Seller. The Seller makes the following
representations on which the Issuer shall rely in acquiring the Receivables. The
representations shall speak as of the execution and delivery of this Agreement,
and shall survive the sale of the Receivables to the Issuer and pledge thereof
to the Indenture Trustee pursuant to the Indenture.

         (i) Organization and Good Standing. The Seller has been duly organized
    and is validly existing as a national banking association in good standing
    under the laws of the United States of America, with power and authority to
    own its properties and to conduct its business as such properties are
    currently owned and such business is presently conducted, and had at all
    relevant times, and has, power, authority, and legal right to acquire and
    own the Receivables.

         (ii) Power and Authority. The Seller has the power and authority to
    execute and deliver this Agreement and the other Basic Documents to which it
    is a party and to carry out their respective terms, the Seller has full
    power and authority to sell and assign the property to be sold and assigned
    to the Issuer as the Owner Trust Estate and has duly authorized such sale
    and assignment to the Issuer by all necessary corporate action; and the
    execution, delivery, and performance of this Agreement and the other Basic
    Documents to which it is a party has been duly authorized by the Seller by
    all necessary action.

         (iii) Valid Sale; Binding Obligations. This Agreement effects a valid
    sale, transfer, and assignment of the Receivables, enforceable against
    creditors of and purchasers from the Seller; this Agreement and each of the
    other Basic Documents to which it is a party constitutes a legal, valid, and
    binding obligation of the Seller enforceable in accordance with its terms,
    except as enforceability may be limited by bankruptcy, insolvency,
    reorganization, or other similar laws affecting the enforcement of
    creditors' rights in general and by general principles of equity, regardless
    of whether such enforceability is considered in a proceeding in equity or at
    law.

         (iv) No Violation. The consummation of the transactions contemplated by
    this Agreement and the other Basic Documents and the fulfillment of the
    terms hereof and thereof do not conflict with, result in any breach of any
    of the terms and provisions of, nor constitute (with or without notice or
    lapse of time) a default under, the articles of association or bylaws of the
    Seller, or conflict with or breach any of the material terms or provisions
    of, or constitute (with or without notice or lapse of time) a default under,
    any indenture, agreement, or other instrument to which the Seller is a party
    or by which it is bound; nor result in the creation or imposition of any
    lien upon any of its properties pursuant to the terms of any such indenture,
    agreement, or other instrument; nor violate any law or, to the best of the
    Seller's knowledge, any order, rule, or regulation applicable to the Seller
    of any court or of any federal or state regulatory body, administrative
    agency, or other governmental instrumentality having jurisdiction over the
    Seller or its properties.

<PAGE>

                                                                              41

         (v) No Proceedings. There are no proceedings or investigations pending,
    or, to the Seller's best knowledge, threatened, before any court, regulatory
    body, administrative agency, or other governmental instrumentality having
    jurisdiction over the Seller or its properties: (a) asserting the invalidity
    of this Agreement, any other Basic Document, the Notes or the Certificates,
    (b) seeking to prevent the issuance of the Notes or the Certificates or the
    consummation of any of the transactions contemplated by this Agreement or
    any other Basic Document, (c) seeking any determination or ruling that might
    materially and adversely affect the performance by the Seller of its
    obligations under, or the validity or enforceability of, this Agreement, any
    other Basic Document, or the Notes or the Certificates, or (d) relating to
    the Seller and which might adversely affect the federal or state income tax
    attributes of the Notes or the Certificates.

         SECTION 6.2 Liability of Seller; Indemnities. The Seller shall be
liable in accordance herewith only to the extent of the obligations specifically
undertaken by the Seller in such capacity under this Agreement and shall have no
other obligations or liabilities hereunder.

         The Seller shall indemnify, defend and hold harmless the Issuer, the
Owner Trustee and the Indenture Trustee from and against any taxes that may at
any time be asserted against any such Person with respect to, and as of the date
of, the sale of the Receivables to the Issuer or the issuance and original sale
of the Notes and the Certificates, including any sales, gross receipts, general
corporation, tangible or intangible personal property, privilege, or license
taxes (but not including any taxes asserted with respect to ownership of the
Receivables or federal or other income taxes, including franchise taxes measured
by net income), arising out of the transactions contemplated by this Agreement
and the other Basic Documents, and costs and expenses in defending against the
same.

         The Seller shall indemnify, defend, and hold harmless the Issuer, the
Owner Trustee and the Indenture Trustee from and against any loss, liability or
expense incurred by reason of (i) the Seller's willful misfeasance, bad faith,
or gross negligence in the performance of its duties hereunder, or by reason of
reckless disregard of the obligations and duties hereunder and (ii) the Seller's
violation of federal or state securities laws in connection with the
registration of the sale of the Notes and the Certificates.

         Indemnification under this Section 6.2 shall include reasonable fees
and expenses of counsel and expenses of litigation. If the Seller shall have
made any indemnity payments to the Issuer, the Owner Trustee or the Indenture
Trustee, respectively, pursuant to this Section 6.2 and the Issuer, the Owner
Trustee or the Indenture Trustee, respectively, thereafter shall collect any of
such amounts from others, the Issuer, the Owner Trustee or the Indenture
Trustee, respectively, shall repay such amounts to the Seller, without interest.

         SECTION 6.3 Merger or Consolidation of Seller. Any corporation or other
entity (i) into which the Seller may be merged or consolidated, (ii) which may
result from any merger, conversion, or consolidation to which the Seller shall
be a party, or (iii) which may succeed to all or substantially all of the
business of the Seller, which corporation or other entity shall be bound to
perform every obligation of the Seller under this Agreement, shall be the
successor to the Seller hereunder without the execution or filing of any
document or any further act by any of the parties to this Agreement. The Seller
shall give prompt written notice of any merger or

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                                                                              42

consolidation to the Issuer, the Owner Trustee, the Indenture Trustee, the
Servicer and the Rating Agencies.

         SECTION 6.4 Limitation on Liability of Seller and Others. The Seller
and any director, officer, employee or agent of the Seller may rely in good
faith on the advice of counsel or on any document of any kind, prima facie
properly executed and submitted by any Person respecting any matters arising
hereunder or under any other Basic Documents. The Seller shall not be under any
obligation under this Agreement to appear in, prosecute, or defend any legal
action that shall be unrelated to its obligations under this Agreement or any
other Basic Document, and that in its opinion may involve it in any expense or
liability.

         SECTION 6.5 Seller May Own Notes and Certificates. The Seller or any of
its Affiliates may in its individual or any other capacity become the owner or
pledgee of Notes or Certificates with the same rights as it would have if it
were not the Seller or an Affiliate thereof, except as otherwise provided in the
definition of "Outstanding" specified in Section 1.1. Notes or Certificates so
owned by or pledged to the Seller or any Affiliate thereof shall have an equal
and proportionate benefit under the provisions of this Agreement, without
preference, priority, or distinction as among all of the Notes or Certificates,
as applicable.

                                  ARTICLE VII

                                  THE SERVICER

         SECTION 7.1 Representations of Servicer. The Servicer makes the
following representations on which the Issuer shall rely in acquiring the
Receivables. The representations shall speak as of the execution and delivery of
this Agreement (or as of a date a Person (other than the Indenture Trustee)
becomes Servicer pursuant to Section 7.3 or Section 8.2), and shall survive the
sale of the Receivables to the Issuer and the pledge thereof to the Indenture
Trustee pursuant to the Indenture.

         (i) Organization and Good Standing. The Servicer has been duly
    organized and is validly existing as a national banking association or
    corporation and is in good standing under the laws of the United States of
    America or the jurisdiction of its incorporation, with power and authority
    to own its properties and to conduct its business as such properties are
    currently owned and such business is presently conducted, and had at all
    relevant times, and has, power, authority, and legal right to acquire, own,
    sell, and service the Receivables and to hold the Receivable Files as
    custodian on behalf of the Issuer.

         (ii) Power and Authority. The Servicer has the power and authority to
    execute and deliver this Agreement and the Basic Documents to which it is a
    party and to carry out the terms thereof; and the execution, delivery, and
    performance of this Agreement and the other Basic Documents has been duly
    authorized by the Servicer by all necessary action.

         (iii) Binding Obligations. This Agreement and the other Basic Documents
    to which it is a party constitute legal, valid, and binding obligations of
    the Servicer

<PAGE>

                                                                              43

    enforceable in accordance with their respective terms subject, as to
    enforcement, to applicable bankruptcy, insolvency, reorganization,
    liquidation or other similar laws and equitable principles relating to or
    affecting the enforcement of creditors' rights, whether considered in a
    proceeding at law or in equity.

         (iv) No Violation. The consummation of the transactions contemplated by
    this Agreement and the other Basic Documents and the fulfillment of the
    terms hereof and thereof do not conflict with, result in any breach of any
    of the terms and provisions of, nor constitute (with or without notice or
    lapse of time) a default under, the articles of association or bylaws of the
    Servicer, or conflict with or breach any of the material terms or provisions
    of, or constitute (with or without notice or lapse of time) a default under,
    any indenture, agreement, or other instrument to which the Servicer is a
    party or by which it is bound; nor result in the creation or imposition of
    any lien upon any of its properties pursuant to the terms of any such
    indenture, agreement, or other instrument; nor violate any law or, to the
    best of the Servicer's knowledge, any order, rule, or regulation applicable
    to the Servicer of any court or of any federal or state regulatory body,
    administrative agency, or other governmental instrumentality having
    jurisdiction over the Servicer or its properties.

         (v) No Proceedings. There are no proceedings or investigations pending,
    or to the Servicer's best knowledge, threatened, before any court,
    regulatory body, administrative agency, or other governmental
    instrumentality having jurisdiction over the Servicer or its properties: (a)
    asserting the invalidity of this Agreement, the Notes or the Certificates,
    (b) seeking to prevent the issuance of the Notes or the Certificates or the
    consummation of any of the transactions contemplated by this Agreement or
    any other Basic Document, (c) seeking any determination or ruling that might
    materially and adversely affect the performance by the Servicer of its
    obligations under, or the validity or enforceability of, this Agreement, any
    other Basic Document, the Notes or the Certificates, or (d) relating to the
    Servicer and which might adversely affect the federal or state income tax
    attributes of the Notes or the Certificates.

         (vi) Fidelity Bond. The Servicer maintains a fidelity bond in such form
    and amount as is customary for banks acting as custodian of funds and
    documents in respect of retail automotive installment sales contracts.

         SECTION 7.2 Liability of Servicer; Indemnities. The Servicer shall be
liable in accordance herewith only to the extent of the obligations specifically
undertaken by the Servicer under this Agreement and shall have no other
obligations or liabilities hereunder.

         (i) The Servicer shall defend, indemnify, and hold harmless the Issuer,
    the Owner Trustee, the Indenture Trustee and the Holders from and against
    any and all costs, expenses, losses, damages, claims, and liabilities,
    arising out of or resulting from the use, ownership, or operation by the
    Servicer or any Affiliate thereof of a Financed Vehicle.

         (ii) The Servicer shall indemnify, defend, and hold harmless the
    Issuer, the Owner Trustee and the Indenture Trustee from and against any
    taxes that may at any time be asserted against the Issuer with respect to
    the transactions contemplated in this

<PAGE>

                                                                              44

    Agreement, including, without limitation, any sales, gross receipts,
    general corporation, tangible or intangible personal property, privilege, or
    license taxes (but not including any taxes asserted with respect to, and as
    of the date of, the sale of the Receivables to the Issuer or the issuance
    and original sale of the Notes or the Certificates, or asserted with respect
    to ownership of the Receivables or federal, state or other income taxes,
    including franchise taxes measured by net income) arising out of
    distributions on the Notes or the Certificates and costs and expenses in
    defending against the same.

         (iii) The Servicer shall indemnify, defend, and hold harmless the
    Issuer, the Owner Trustee, the Indenture Trustee and the Holders from and
    against any and all costs, expenses, losses, claims, damages, and
    liabilities to the extent that such cost, expense, loss, claim, damage, or
    liability arose out of, or was imposed upon the Issuer, the Owner Trustee,
    the Indenture Trustee or the Holders through the willful misfeasance, gross
    negligence, or bad faith of the Servicer in the performance of its duties
    under this Agreement or by reason of reckless disregard of its obligations
    and duties under this Agreement.

         Indemnification under this Section 7.2 shall include reasonable fees
and expenses of counsel and expenses of litigation. If the Servicer shall have
made any indemnity payments pursuant to this Section 7.2 and the recipient
thereafter collects any of such amounts from others, the recipient shall
promptly repay such amounts to the Servicer, without interest. The
indemnification obligations of the Servicer set forth in this Section 7.2 shall
survive the termination of such Servicer with respect to any act or failure to
act which occurs prior to such Servicer's termination. The provisions of Section
6.7 of the Indenture and Sections 8.1 and 8.2 of the Trust Agreement with
respect to the Servicer's obligations are incorporated by reference herein.

         SECTION 7.3 Merger or Consolidation of Servicer. Any corporation or
other entity (i) into which the Servicer may be merged or consolidated, (ii)
which may result from any merger, conversion, or consolidation to which the
Servicer shall be a party, or (iii) which may succeed to all or substantially
all of the business of the Servicer, which corporation or other entity shall be
bound to perform every obligation of the Servicer hereunder, shall be the
successor to the Servicer under this Agreement without the execution or filing
of any document or any further act on the part of any of the parties to this
Agreement. The Servicer shall promptly inform the Issuer, the Owner Trustee, the
Indenture Trustee, the Seller and the Rating Agencies in writing of any such
merger or consolidation.

         SECTION 7.4 Limitation on Liability of Servicer and Others. (a) Neither
the Servicer nor any of the directors or officers or employees or agents of the
Servicer shall be under any liability to the Issuer, the Owner Trustee, the
Indenture Trustee or the Holders, except as provided under this Agreement, for
any action taken or for refraining from the taking of any action pursuant to
this Agreement; provided, however, that this provision shall not protect the
Servicer or any such person against any liability that would otherwise be
imposed by reason of willful misfeasance, gross negligence, or bad faith in the
performance of duties or by reason of reckless disregard of obligations and
duties under this Agreement. The Servicer and any director or officer or
employee or agent of the Servicer may rely in good faith on the advice of
counsel or

<PAGE>
                                                                              45

on any document of any kind prima facie properly executed and submitted by any
Person respecting any matters arising under this Agreement.

         (b) The Servicer, and any director, or officer, employee or agent of
the Servicer, shall be indemnified by the Issuer and held harmless against any
loss, liability, or expense (including reasonable attorneys' fees and expenses)
incurred in connection with any legal action relating to the performance of the
Servicer's duties under this Agreement, other than (i) any loss or liability
otherwise reimbursable pursuant to this Agreement or the Basic Documents; (ii)
any loss, liability, or expense incurred solely by reason of the Servicer's
willful misfeasance, negligence, or bad faith in the performance of its duties
hereunder or by reason of reckless disregard of its obligations and duties under
this Agreement or the Basic Documents; and (iii) any loss, liability, or expense
for which the Issuer is to be indemnified by the Servicer under this Agreement
or the Basic Documents. Any amounts due the Servicer pursuant to this Section
7.4 shall be payable on a Payment Date from amounts distributable to the Seller
from the Reserve Account pursuant to Section 5.6(d).

         (c) Except as provided in this Agreement, the Servicer shall not be
under any obligation to appear in, prosecute, or defend any legal action that
shall not be incidental to its obligations under this Agreement, and that in its
opinion may involve it in any expense or liability; provided, however, that the
Servicer may undertake any reasonable action that it may deem necessary or
desirable in respect of this Agreement and the rights and duties of the parties
to this Agreement and the interests of the Holders under this Agreement. In such
event, the legal expenses and costs of such action and any liability resulting
therefrom shall be expenses, costs, and liabilities of the Issuer, and the
Servicer shall be entitled to be reimbursed therefor. Any amounts due the
Servicer pursuant to this Section 7.4 shall be payable on a Payment Date from
amounts distributable to the Seller from the Reserve Account pursuant to Section
5.6(d).

         The Person to be indemnified shall provide the Issuer, the Owner
Trustee and the Indenture Trustee with a certificate and accompanying Opinion of
Counsel requesting indemnification and setting forth the basis for such request.

<PAGE>

                                                                              46

         SECTION 7.5 Servicer Not To Resign. Except as permitted by Section 7.3,
the Servicer shall not resign from its obligations and duties under this
Agreement except (i) upon determination that the performance of its duties shall
no longer be permissible under applicable law or (ii) in the event of the
appointment of a successor Servicer, upon satisfaction of the Rating Agency
Condition. Notice of any such determination permitting the resignation of the
Servicer shall be communicated to the Issuer, the Indenture Trustee, the Owner
Trustee and the Rating Agencies at the earliest practicable time (and, if such
communication is not in writing, shall be confirmed in writing at the earliest
practicable time) and any such determination permitting the resignation of the
Servicer shall be evidenced by an Opinion of Counsel to such effect delivered to
the Issuer, the Indenture Trustee and the Owner Trustee concurrently with such
notice. No such resignation shall become effective until the Indenture Trustee
(which shall not be obligated to act as successor Servicer if the Servicer has
resigned for a reason other than that the performance of its duties are no
longer permissible under applicable law) or a successor Servicer shall have
assumed the responsibilities and obligations of the Servicer hereunder in
accordance with Section 8.2.

         SECTION 7.6 Delegation of Duties. So long as Chase USA acts as
Servicer, the Servicer shall have the right, in the ordinary course of its
business, to delegate any of its duties under this Agreement to any Person. The
Servicer shall pay any compensation payable to such Person from its own funds
and none of the Issuer, the Owner Trustee, the Indenture Trustee or the Holders
shall have any liability to such Person with respect thereto. Notwithstanding
any delegation of duties by the Servicer pursuant to this Section 7.6, the
Servicer shall not be relieved of its liability and responsibility with respect
to such duties, and any such delegation shall not constitute a resignation
within the meaning of Section 7.5. Any agreement that may be entered into by the
Servicer and a Person that provides for any delegation of the Servicer's duties
hereunder to such Person shall be deemed to be between the Servicer and such
Person alone, and the Issuer, the Owner Trustee, the Indenture Trustee and
Holders shall not be deemed parties thereto and shall have no claims, rights,
obligations, duties or liabilities with respect thereto.

                                  ARTICLE VIII

                         EVENTS OF SERVICING TERMINATION

         SECTION 8.1 Events of Servicing Termination. Any one of the following
events which shall occur and be continuing shall constitute an event of
servicing termination hereunder (each, an "Event of Servicing Termination"):

         (i) Any failure by the Servicer to deliver to the Indenture Trustee the
    Servicer's Certificate for the related Collection Period, or any failure by
    the Servicer to deliver to the Indenture Trustee, for deposit in any of the
    Trust Accounts or the Certificate Distribution Account, any proceeds or
    payment required to be so delivered under the terms of the Certificates or
    the Notes and this Agreement (or, in the case of a payment or deposit to be
    made not later than the Deposit Date, the failure to make such payment or
    deposit on such Deposit Date), which failure continues unremedied for a
    period of five Business Days after (A) discovery by an officer of the
    Servicer or (B) written notice (1) to the Servicer by the Indenture Trustee
    or the Owner Trustee or (2) to the Indenture Trustee or the Owner Trustee,
    as applicable, and the Servicer by the

<PAGE>

                                                                              47

    Holders of Notes evidencing not less than 25% of the Outstanding Amount of
    the Notes (or, if the Notes have been paid in full, by Holders of the
    Certificates evidencing not less than 25% of the Certificate Balance);

         (ii) Failure on the part of the Servicer duly to observe or to perform
    in any material respect any other covenants or agreements of the Servicer
    set forth in this Agreement or the Indenture, which failure shall (a)
    materially and adversely affect the rights of the Issuer or the Holders, and
    (b) continue unremedied for a period of 60 days after the date on which
    written notice of such failure, requiring the same to be remedied, shall
    have been given (1) to the Servicer by the Indenture Trustee or the Owner
    Trustee, or (2) to the Indenture Trustee or the Owner Trustee, as
    applicable, and the Servicer by the Holders of Notes evidencing not less
    than 25% of the Outstanding Amount of the Notes (or, if the Notes have been
    paid in full, by Holders of the Certificates evidencing not less than 25% of
    the Certificate Balance);

         (iii) The entry of a decree or order by a court or agency or
    supervisory authority having jurisdiction in the premises for the
    appointment of a conservator, receiver, or liquidator for the Servicer in
    any insolvency, readjustment of debt, marshalling of assets and liabilities,
    or similar proceedings, or for the winding up or liquidation of its affairs,
    and the continuance of any such decree or order unstayed and in effect for a
    period of 60 consecutive days; or

         (iv) The consent by the Servicer to the appointment of a conservator or
    receiver or liquidator in any insolvency, readjustment of debt, marshalling
    of assets and liabilities, or similar proceedings of or relating to the
    Servicer or of or relating to substantially all of its property; or the
    Servicer shall admit in writing its inability to pay its debts generally as
    they become due, file a petition to take advantage of any applicable
    insolvency or reorganization statute, make an assignment for the benefit of
    its creditors, or voluntarily suspend payment of its obligations.

Upon the occurrence of any Event of Servicing Termination as described above,
and in each and every case and for so long as such Event of Servicing
Termination shall not have been remedied, either the Indenture Trustee or the
Holders of Notes evidencing not less than a majority of the Outstanding Amount
of the Notes (or, if the Notes have been paid in full and the Indenture has been
discharged in accordance with its terms, by the Owner Trustee or the Holders of
Certificates evidencing not less than a majority of the Certificate Balance), by
notice given in writing to the Servicer (and to the Indenture Trustee or the
Owner Trustee, as applicable, if given by Holders) may terminate all of the
rights and obligations of the Servicer under this Agreement. On or after the
receipt by the Servicer of such written notice, all authority and power of the
Servicer under this Agreement, whether with respect to the Certificates, the
Notes or the Receivables or otherwise, shall pass to and be vested in the
Indenture Trustee pursuant to this Section 8.1; and, without limitation, the
Indenture Trustee shall be hereby authorized and empowered to execute and
deliver, on behalf of the predecessor Servicer, as attorney-in-fact or
otherwise, any and all documents and other instruments, and to do or accomplish
all other acts or things necessary or appropriate to effect the purposes of such
notice of termination, whether to complete the transfer and endorsement of the
Receivable Files, or otherwise. The predecessor Servicer shall cooperate with
the successor Servicer and the Indenture Trustee in effecting the

<PAGE>

                                                                              48

termination of the responsibilities and rights of the predecessor Servicer under
this Agreement, including the transfer to the successor Servicer for
administration by it of all cash amounts that shall at the time be held by the
predecessor Servicer for deposit, shall have been deposited by the predecessor
Servicer in the Collection Account, or shall thereafter be received with respect
to a Receivable. All reasonable costs and expenses (including attorneys' fees
and disbursements) incurred in connection with transferring the Receivable Files
to the successor Servicer and amending this Agreement to reflect such succession
as Servicer pursuant to this Section 8.1 shall be paid by the predecessor
Servicer upon presentation of reasonable documentation of such costs and
expenses. The Indenture Trustee and the Owner Trustee shall give written notice
of any termination of the Servicer to their related Holders, and the Indenture
Trustee shall give such notice to the Rating Agencies. Neither the Indenture
Trustee nor any successor Servicer shall be deemed to be in default hereunder by
reason of its failure to make, or any delay in making, any distribution
hereunder or any portion thereof which was caused by (i) the failure of the
predecessor Servicer to deliver, or any delay in delivering cash, documents or
records to it, or (ii) restrictions imposed by any regulatory authority having
jurisdiction over the predecessor Servicer.

         SECTION 8.2 Indenture Trustee to Act; Appointment of Successor
Servicer. Upon the Servicer's receipt of notice of termination pursuant to
Section 8.1 or resignation pursuant to Section 7.5, the Indenture Trustee shall
be the successor in all respects to the Servicer in its capacity as Servicer
under this Agreement, and shall be subject to all the responsibilities, duties
and liabilities arising thereafter relating thereto placed on the Servicer by
the terms and provisions of this Agreement. As compensation therefor, the
Indenture Trustee shall be entitled to such compensation (whether payable out of
the Collection Account or otherwise) as the Servicer would have been entitled to
under this Agreement if no such notice of termination or resignation had been
given. Notwithstanding the above, the Indenture Trustee may, if it shall be
unwilling so to act, or shall, if it shall be legally unable so to act, appoint,
or petition a court of competent jurisdiction to appoint, any established
financial institution (x) having a net worth of not less than $100,000,000 as of
the last day of the most recent fiscal quarter for such institution and (y)
whose regular business shall include the servicing of automobile receivables, as
successor Servicer under this Agreement; provided, that the appointment of any
such successor Servicer is required to satisfy the Rating Agency Condition. In
connection with such appointment, the Indenture Trustee may make such
arrangements for the compensation of such successor Servicer out of payments on
Receivables as it and such successor Servicer shall agree; provided, however,
that no such compensation shall be in excess of that permitted the Servicer
under this Agreement. The Indenture Trustee and such successor Servicer shall
take such action, consistent with this Agreement, as shall be necessary to
effectuate any such succession. Unless the Indenture Trustee shall be prohibited
by law from so acting, the Indenture Trustee shall not be relieved of its duties
as successor Servicer under this Section 8.2 until the newly appointed successor
Servicer shall have assumed the responsibilities and obligations of the Servicer
under this Agreement.

         SECTION 8.3 Notification to Noteholders and Certificateholders. Upon
any Event of Servicing Termination, or appointment of a successor Servicer
pursuant to this Article VIII, the Owner Trustee shall give prompt written
notice thereof to Certificateholders and the Indenture Trustee shall give prompt
written notice thereof to the Noteholders, at their respective addresses of
record, and to the Rating Agencies.

<PAGE>
                                                                              49

         SECTION 8.4 Waiver of Past Defaults. The Holders of Notes evidencing at
least a majority of the Outstanding Amount of the Notes (or, the Holders of
Certificates evidencing not less than a majority of the Certificate Balance, in
the case of any Event of Servicing Termination that does not adversely affect
the Indenture Trustee or the Noteholders) may, on behalf of all such Holders,
waive any default by the Servicer in the performance of its obligations
hereunder and its consequences, except a default in the failure to make any
required deposits to or payments from any of the Trust Accounts or the
Certificate Distribution Account in accordance with this Agreement. Upon any
such waiver of a past default, such default shall cease to exist, and any Event
of Servicing Termination arising therefrom shall be deemed to have been remedied
for every purpose of this Agreement. No such waiver shall extend to any
subsequent or other default or impair any right consequent thereon except to the
extent expressly so waived. The Servicer shall give prompt written notice of any
waiver to the Rating Agencies; provided, however, that the Indenture Trustee or
the Owner Trustee shall only be required to give such notice if a Responsible
Officer thereof has actual knowledge of the related event.

                                   ARTICLE IX

                                   TERMINATION

         SECTION 9.1 Optional Purchase of All Receivables; Trust Termination.
(a) As of the last day of any Collection Period as of which the Pool Balance
shall be equal to or less than the Optional Purchase Percentage of the Original
Pool Balance, the Servicer shall have the option to purchase the Owner Trust
Estate, other than the Trust Accounts and the Certificate Distribution Account.
To exercise such option, the Servicer shall notify the Indenture Trustee, the
Owner Trustee, the Note Registrar and the Certificate Registrar in writing, no
later than the 25th day of the Collection Period following which purchase is to
be effected, shall pay the aggregate Repurchase Amount for the Receivables
(including Defaulted Receivables) and shall succeed to all interests in, to and
under such property. The payment shall be made in the manner specified in
Section 5.4, and shall be distributed pursuant to Section 5.5. The Indenture
Trustee shall not permit the purchase of the Owner Trust Estate pursuant to this
Section 9.1 unless (i) the Servicer's long-term unsecured debt is rated at the
time of such purchase at least "BBB-" by Standard & Poor's and Fitch (if rated
by Fitch) and Baa3 by Moody's or (ii) the Servicer provides to the Indenture
Trustee an Opinion of Counsel in form and substance satisfactory to the Rating
Agencies to the effect that such purchase will not constitute a fraudulent
transfer under applicable state and federal law.

         (b) Upon any sale of the assets of the Issuer pursuant to Article V of
the Indenture, the Servicer shall instruct the Indenture Trustee in writing to
deposit the proceeds from such sale after all payments and reserves therefrom
(including the expenses of such sale) have been made (the "Sale Proceeds") in
the Collection Account. On the Payment Date on which the Sale Proceeds are
deposited in the Collection Account (or, if such proceeds are not so deposited
on a Payment Date, on the Payment Date immediately following such deposit), the
Servicer shall instruct the Indenture Trustee in writing to make, and the
Indenture Trustee shall make, the following deposits and distributions (after
the application on such Payment Date of the Total Distribution Amount pursuant
to Section 5.5) from the Sale Proceeds and any funds remaining on deposit in the
Reserve Account (including the proceeds of any sale of investments therein):

<PAGE>

                                                                              50

         (i) to the Note Distribution Account, any portion of the Noteholders'
    Interest Distributable Amount not otherwise deposited into the Note
    Distribution Account on such Payment Date;

         (ii) to the Note Distribution Account, the Outstanding Amount of the
    Notes (after giving effect to the reduction in the Outstanding Amount of the
    Notes resulting from the deposits made in the Note Distribution Account on
    such Payment Date);

         (iii) to the Certificate Distribution Account, any portion of the
    Certificateholders' Interest Distributable Amount not otherwise deposited
    into the Certificate Distribution Account on such Payment Date; and

         (iv) to the Certificate Distribution Account, the Certificate Balance
    and any Certificateholders' Principal Carryover Shortfall (after giving
    effect to the reduction in the Certificate Balance resulting from the
    deposits made in the Certificate Distribution Account on such Payment Date).

Any Sale Proceeds remaining after the deposits described above shall be paid to
the Seller.

         (c) Notice of any termination of the Issuer shall be given by the
Servicer to the Owner Trustee, the Indenture Trustee and the Rating Agencies as
soon as practicable after the Servicer has received notice thereof.

         (d) [Reserved]

         (e) After the payment to the Indenture Trustee, the Owner Trustee, the
Holders and the Servicer of all amounts required to be paid under this
Agreement, the Indenture and the Trust Agreement, any amounts on deposit in the
Reserve Account or the Collection Account shall be paid to the Seller, and any
other assets remaining in the Owner Trust Estate shall be distributed to the
Seller.

                                    ARTICLE X

                            MISCELLANEOUS PROVISIONS

         SECTION 10.1 Amendment. This Agreement may be amended by the Seller,
the Servicer and the Owner Trustee, on behalf of the Issuer, with the prior
consent of the Indenture Trustee and prior notice to the Rating Agencies but
without prior notice to or the consent of any of the Holders, (i) to cure any
ambiguity, to correct or supplement any provisions in this Agreement which may
be inconsistent with any other provisions herein, to evidence a succession to
the Servicer or the Seller pursuant to this Agreement or to add any other
provisions with respect to matters or questions arising under this Agreement
that shall not be inconsistent with the provisions of this Agreement; provided,
however, that such action shall not, as evidenced by an Officer's Certificate
and/or an Opinion of Counsel reasonably acceptable and delivered to the Owner
Trustee and the Indenture Trustee, adversely and materially affect the interests
of the Issuer or any of the Holders; provided, further, that the Servicer shall
deliver written notice of such changes to each Rating Agency prior to the
execution of any such amendment, or (ii) to effect a transfer or assignment in
compliance with Section 10.6(a) of this

<PAGE>

                                                                              51

Agreement. Notwithstanding the foregoing, no amendment modifying the provisions
of Section 5.5 shall become effective without satisfaction of the Rating Agency
Condition.

         This Agreement may also be amended from time to time by the Seller, the
Servicer and the Owner Trustee, on behalf of the Issuer, with the consent of the
Indenture Trustee, the Holders of Certificates evidencing at least a majority of
the Certificate Balance of the Certificates and the consent of the Holders of
Notes evidencing at least a majority of the Outstanding Amount of the Notes, for
the purpose of adding any provisions to or changing in any manner or eliminating
any of the provisions of this Agreement, or of modifying in any manner the
rights of the Noteholders or the Certificateholders (including effecting a
transfer or assignment in compliance with Section 10.6(a) of this Agreement);
provided, however, that no such amendment, except with the consent of the
Holders of all Certificates or Notes, as applicable, then outstanding, shall (a)
increase or reduce in any manner the amount of, or accelerate or delay the
timing of, collections of payments of Receivables, or distributions that shall
be required to be made on any Certificate or Note, or (b) reduce the aforesaid
percentage of the Certificate Balance of the Certificates or the Outstanding
Amount of the Notes required to consent to any such amendment.

         Promptly after the execution of any amendment or consent referred to in
this Section 10.1, the Owner Trustee shall furnish a copy of such amendment or
consent to each Certificateholder and the Indenture Trustee, who shall promptly
furnish a copy to each Noteholder and to the Rating Agencies.

         It shall not be necessary for the consent of the Indenture Trustee, the
Certificateholders or the Noteholders pursuant to this Section 10.1 to approve
the particular form of any proposed amendment or consent, but it shall be
sufficient if such consent shall approve the substance thereof. The manner of
obtaining such consents and of evidencing the authorization of the execution
thereof by Certificateholders or Noteholders shall be subject to such reasonable
requirements as the Indenture Trustee or the Owner Trustee may prescribe.

         Prior to the execution of any amendment to this Agreement, the
Indenture Trustee and the Owner Trustee shall be entitled to receive and rely
upon an Opinion of Counsel stating that the execution of such amendment is
authorized or permitted by this Agreement. The Indenture Trustee and the Owner
Trustee shall not be obligated to enter into any such amendment which affects
the Indenture Trustee's and the Owner Trustee's own rights, duties or immunities
under this Agreement.

         Satisfaction of the Rating Agency Condition is required prior to the
execution of any amendment to this Agreement, other than an amendment permitted
pursuant to clause (i) of the first paragraph of this Section 10.1.

         SECTION 10.2 Protection of Title to Owner Trust Estate. (a) The Seller
shall execute and file such financing statements and cause to be executed and
filed such continuation statements, all in such manner and in such places as may
be required by law fully to preserve, maintain, and protect the interests of the
Issuer and the Indenture Trustee in the Receivables and in the proceeds thereof.
The Servicer shall deliver (or cause to be delivered) to the Owner Trustee and
the Indenture Trustee file-stamped copies of, or filing receipts for, any

<PAGE>

                                                                              52

document filed as provided above, as soon as available following such filing. In
addition, the Seller hereby authorizes the Issuer at any time and from time to
time to file any financing statements and amendments thereto in any jurisdiction
as may be necessary or desireable to preserve, maintain, and protect the
interests of the Issuer and the Indenture Trustee in the Receivables and in the
proceeds thereof.

         (b) Neither the Seller nor the Servicer shall change its name in any
manner that would, could, or might make any financing statement or continuation
statement filed by the Seller in accordance with paragraph (a) above seriously
misleading within the meaning of ss. 9-506 (or any comparable section) of the
Relevant UCC, unless it shall have given the Owner Trustee and the Indenture
Trustee at least 30 days prior written notice thereof.

         (c) The Seller and the Servicer shall give the Owner Trustee and the
Indenture Trustee at least 60 days prior written notice of any change in the
jurisdiction of its organization or the State designated as its location in its
Articles of Association if, as a result of such change of jurisdiction or State
designated as its location, the applicable provisions of the Relevant UCC would
require the filing of any amendment of any previously filed financing or
continuation statement or of any new financing statement. The Servicer shall at
all times maintain each office from which it shall service Receivables or at
which the Receivable Files are located within the United States of America.

         (d) The Servicer shall maintain accounts and records as to each
Receivable accurately and in sufficient detail to permit (i) the reader thereof
to know at any time the status of such Receivable, including payments and
recoveries made and payments owing (and the nature of each) and (ii)
reconciliation between payments or recoveries on (or with respect to) each
Receivable and the amounts from time to time deposited in the Collection Account
in respect of such Receivable.

         (e) The Servicer shall maintain its computer systems so that, from and
after the time of sale under this Agreement of the Receivables to the Issuer,
the Servicer's master computer records (including archives) that shall refer to
a Receivable indicate clearly, by numerical code or otherwise, that such
Receivable is owned by the Issuer and has been pledged to the Indenture Trustee.
Indication of the Issuer's and Indenture Trustee's interest in a Receivable
shall be deleted from or modified on the Servicer's computer systems when, and
only when, the Receivable shall have been paid in full, repurchased or assigned
pursuant hereto.

         (f) If at any time the Seller or the Servicer shall propose to sell,
grant a security interest in, or otherwise transfer any interest in a new or
used automobile receivable to any prospective purchaser, creditor, or other
transferee, the Seller or the Servicer, as the case may be, shall give to such
prospective purchaser, creditor, or other transferee computer tapes, records, or
print-outs (including any restored from archives) that, if they shall refer in
any manner whatsoever to any Receivable, shall indicate clearly that such
Receivable has been sold and is owned by the Issuer and has been pledged to the
Indenture Trustee.

         (g) The Servicer shall permit the Indenture Trustee and the Owner
Trustee and their respective agents upon reasonable notice at any time during
normal business hours which does not unreasonably interfere with the Servicer's
normal operations or customer or employee

<PAGE>

                                                                              53

relations to inspect, audit, and make copies of and abstracts from the
Servicer's records regarding the Receivables.

         (h) Upon request, the Servicer shall furnish to the Owner Trustee or
the Indenture Trustee, within five Business Days, a list of all Receivables by
account number and name of Obligor then held by the Issuer, together with a
reconciliation of such list to the Schedule of Receivables and to each of the
Servicer Certificates indicating removal of Receivables from the Owner Trust
Estate.

         (i) The Servicer shall deliver to the Owner Trustee and the Indenture
    Trustee:

         (i) upon the execution and delivery of this Agreement, an Opinion of
    Counsel either (a) stating that, in the opinion of such counsel, all
    financing statements and continuation statements have been executed and
    filed that are necessary fully to preserve and protect the interest of the
    Issuer and the Indenture Trustee in the Receivables, and reciting the
    details of such filings or referring to prior Opinions of Counsel in which
    such details are given, or (b) stating that, in the opinion of such counsel,
    no such action shall be necessary to preserve and protect such interest; and

         (ii) on or before March 31 of each year, commencing with March 31,
    2002, an Opinion of Counsel, dated as of such date, either (a) stating that,
    in the opinion of such counsel, all financing statements and continuation
    statements have been executed and filed that are necessary fully to preserve
    and protect the interest of the Issuer and the Indenture Trustee in the
    Receivables, and reciting the details of such filings or referring to prior
    opinions of Counsel in which such details are given, or (b) stating that, in
    the opinion of such counsel, no such action shall be necessary to preserve
    and protect such interest. Notwithstanding the provisions of Section 10.4,
    such Opinion of Counsel may be sent by regular non-certified mail, and such
    mailed opinion shall be deemed delivered when so mailed.

         (j) The Seller shall, to the extent required by applicable law, cause
the Certificates and the Notes to be registered with the Securities and Exchange
Commission pursuant to Section 12(b) or Section 12(g) of the Exchange Act within
the time periods specified in such sections.

         (k) For the purpose of facilitating the execution of this Agreement and
for other purposes, this Agreement may be executed simultaneously in any number
of counterparts, each of which counterparts shall be deemed to be an original,
and all of which counterparts shall constitute but one and the same instrument.

         SECTION 10.3 GOVERNING LAW. THIS AGREEMENT SHALL BE GOVERNED BY, AND
INTERPRETED AND CONSTRUED IN ACCORDANCE WITH THE LAWS OF THE STATE OF NEW YORK.

         SECTION 10.4 Notices. All demands, notices, and communications under
this Agreement shall be in writing, personally delivered or mailed by certified
mail, return receipt requested, and shall be deemed to have been duly given upon
receipt (a) in the case of the Seller, c/o Chase Automotive Finance Corporation,
900 Stewart Avenue, Garden City, New

<PAGE>

                                                                              54

York 11530 Attention: Financial Controller, or at such other address as shall be
designated by the Seller in a written notice to the Indenture Trustee, (b) in
the case of the Servicer, c/o Chase Manhattan Automotive Finance Corporation,
900 Stewart Avenue, Garden City, New York 11530, Attention: Financial
Controller, or at such other address as shall be designated by the Servicer in a
written notice to the Indenture Trustee, (c) in the case of the Indenture
Trustee, at Wells Fargo Bank Minnesota, National Association, Sixth Street and
Marquette Avenue MAC N9311-161, Minneapolis, Minnesota 55479-0069, Attention:
Corporate Trust Office and (d) in the case of the Issuer and the Owner Trustee,
at c/o Wilmington Trust Company, Rodney Square North, 1100 North Market Street,
Wilmington, Delaware 19890, Attention: Corporate Trust Administration. Any
notice required or permitted to be mailed to a Holder shall be given by first
class mail, postage prepaid, at the address of record of such Holder. Any notice
to a Holder so mailed within the time prescribed in this Agreement shall be
conclusively presumed to have been duly given, whether or not the Holder shall
receive such notice.

         SECTION 10.5 Severability of Provisions. If any one or more of the
covenants, agreements, provisions, or terms of this Agreement shall be for any
reason whatsoever held invalid, then such covenants, agreements, provisions, or
terms shall be deemed severable from the remaining covenants, agreements,
provisions, or terms of this Agreement and shall in no way affect the validity
or enforceability of the other provisions of this Agreement or of the
Certificates or of the Notes or the rights of the Holders thereof.

         SECTION 10.6 Assignment. Notwithstanding anything to the contrary
contained herein, except as provided in Sections 6.3, 7.3, 7.5 and 8.2, neither
the Seller nor the Servicer may assign all, or a portion of, its rights,
obligations and duties under this Agreement unless such transfer or assignment
satisfies the Rating Agency Condition. In the event of a transfer or assignment
pursuant to this Section 10.6, the Rating Agencies shall be provided with notice
of such transfer or assignment.

         SECTION 10.7 Certificates and Notes Nonassessable and Fully Paid. The
interests represented by the Certificates and Notes shall be nonassessable for
any losses or expenses of the Issuer or for any reason whatsoever, and, upon
authentication thereof by the Indenture Trustee and the Owner Trustee pursuant
to the Trust Agreement and the Indenture, respectively, each Certificate and
Note shall be deemed fully paid.

         SECTION 10.8 Third-Party Beneficiaries. This Agreement will inure to
the benefit of and be binding upon the parties hereto, and their respective
successors and permitted assigns. The Administrator, the Owner Trustee,
individually and on behalf of the Certificateholders, and the Indenture Trustee,
individually and on behalf of the Noteholders are third-party beneficiaries to
this Agreement and are entitled to the rights and benefits hereunder and may
enforce the provisions hereof as it were a party hereto. Except as otherwise
provided in this Agreement, no other person will have any right or obligation
hereunder.

         SECTION 10.9 Assignment to Indenture Trustee. The Seller hereby
acknowledges and consents to any mortgage, pledge, assignment and grant of a
security interest by the Issuer to the Indenture Trustee pursuant to the
Indenture for the benefit of the Noteholders of all right, title and interest of
the Issuer in, to and under the Receivables and the other property constituting
the Owner Trust Estate and/or the assignment of any or all of the Issuer's
rights and

<PAGE>

                                                                              55

obligations hereunder to the Indenture Trustee and agrees that the
enforcement of a right or remedy hereunder by the Indenture Trustee shall have
the same force and effect as if such right or remedy had been enforced or
executed by the Issuer.

         SECTION 10.10 Limitation of Liability of Owner Trustee and Indenture
Trustee. (a) Notwithstanding anything contained herein to the contrary, this
Agreement has been countersigned by Wilmington Trust Company not in its
individual capacity but solely in its capacity as Owner Trustee of the Issuer,
and in no event shall Wilmington Trust Company in its individual capacity or,
except as expressly provided in the Trust Agreement, as Owner Trustee of the
Issuer have any liability for the representations, warranties, covenants,
agreements or other obligations of the Issuer hereunder or in any of the
certificates, notices or agreements delivered pursuant hereto, as to all of
which recourse shall be had solely to the assets of the Issuer. For all purposes
of this Agreement, in the performance of its duties or obligations hereunder or
in the performance of any duties or obligations of the Issuer hereunder, the
Owner Trustee shall be subject to, and entitled to the benefits of, the terms
and provisions of Articles VI, VII and VIII of the Trust Agreement.

         (b) Notwithstanding anything contained herein to the contrary, this
Agreement has been acknowledged and accepted by Wells Fargo not in its
individual capacity but solely as Indenture Trustee, and in no event shall Wells
Fargo have any liability for the representations, warranties, covenants,
agreements or other obligations of the Issuer hereunder or in any of the
certificates, notices or agreements delivered pursuant hereto, as to all of
which recourse shall be had solely to the assets of the Issuer.

         SECTION 10.11 No Petition. The Seller and Servicer, by entering into
this Agreement hereby covenant and agree that they will not at any time
institute against the Issuer or join in any institution against the Issuer of,
any bankruptcy, reorganization, arrangement, insolvency or liquidation
proceedings, or other proceedings under any United States Federal or state
bankruptcy or similar law in connection with any obligations relating to this
Agreement or any of the other Basic Documents.

<PAGE>

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

                                        CHASE MANHATTAN BANK USA,
                                          NATIONAL ASSOCIATION, as Seller
                                          and Servicer

                                        By: /s/ Keith Schuck
                                           -------------------------------------
                                           Name:  Keith Schuck
                                           Title: Senior Vice President

                                        CHASE MANHATTAN AUTO OWNER TRUST,
                                          2001-A, as Issuer

                                        By:  WILMINGTON TRUST COMPANY,
                                             not in its individual capacity but
                                             solely as Owner Trustee on behalf
                                             of the Issuer

                                        By: /s/ Donald G. MacKelcan
                                           -------------------------------------
                                           Name:  Donald G. MacKelcan
                                           Title: Vice President

Acknowledged and Accepted:

WELLS FARGO BANK MINNESOTA,
NATIONAL ASSOCIATION,
not in its individual capacity,
but solely in its capacity
as Indenture Trustee

By: /s/ Lori M. Swanell
   ------------------------------
   Name:  Lori M. Swanell
   Title: Assistant Vice President

<PAGE>

                                                                      SCHEDULE A

                               LIST OF RECEIVABLES

            DELIVERED TO THE OWNER TRUSTEE AND THE INDENTURE TRUSTEE
                              ON THE CLOSING DATE.

<PAGE>

                                                                      SCHEDULE B

                          Location of Receivable Files

The Chase Manhattan Bank
20 Clinton Avenue South
5th Floor
SENECA Building
Rochester, New York  14604

The Chase Manhattan Bank
P.O. Box 54
Hurds Corner Road
Records Management
Pawling, New York  12564

Chase Manhattan Automotive Corporation
900 Stewart Avenue
Garden City, New York  11530

<PAGE>

                                                                       EXHIBIT A

                         FORM OF SERVICER'S CERTIFICATE

<PAGE>

                                                                       EXHIBIT B

                 FORM OF CERTIFICATEHOLDER AND NOTEHOLDER REPORT

<PAGE>

                                                                       EXHIBIT C

                  FORM OF COLLECTION ACCOUNT CONTROL AGREEMENT

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                                                                       EXHIBIT D

                    FORM OF RESERVE ACCOUNT CONTROL AGREEMENT

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00027-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00027-of-00352.parquet"}]]