Document:

Exhibit 4(b)(4)
                                                                 EXECUTION COPY

               This Trust Supplement No. 2002-1C-2, dated as of August 5, 2002
(herein called the "Trust Supplement"), by and among Northwest Airlines
Corporation, a Delaware corporation (the "Guarantor"), Northwest Airlines,
Inc., a Minnesota corporation (the "Company"), and State Street Bank and Trust
Company of Connecticut, National Association (the "Trustee"), to the Pass
Through Trust Agreement, dated as of June 3, 1999, by and among the Guarantor,
the Company and the Trustee (the "Basic Agreement").

                             W I T N E S S E T H:

               WHEREAS, the Basic Agreement, unlimited as to the aggregate
principal amount of Certificates which may be issued thereunder, has
heretofore been executed and delivered;

               WHEREAS, unless otherwise specified herein, capitalized terms
used herein without definition having the respective meanings specified
heretofore in the Basic Agreement;

               WHEREAS, the Company intends to finance or refinance the
acquisition of eleven new Airbus A319-100 aircraft, six new Boeing 757-300
aircraft and three new Airbus 330-300 aircraft (the "Aircraft"), as selected
by the Company out of the fifteen Airbus A319-100 aircraft, eleven Boeing
757-300 aircraft and six Airbus A330-300 aircraft scheduled for delivery from
October 2002 through December 2003 (the "Eligible Aircraft"), either (i)
through separate secured loan transactions, in which case the Company will own
such aircraft (collectively, the "Owned Aircraft") or (ii) through separate
leveraged lease transactions, in which case the Company will lease such
aircraft (collectively, the "Leased Aircraft");

               WHEREAS, in the case of an Owned Aircraft, the Company will
issue Equipment Notes to finance a portion of the purchase price of such Owned
Aircraft;

               WHEREAS, in the case of a Leased Aircraft, each Owner Trustee,
acting on behalf of its respective Owner Participant, will issue, on a
non-recourse basis, Equipment Notes, among other things, to finance a portion
of the purchase price of such Leased Aircraft;

               WHEREAS, pursuant to the terms and conditions of the Basic
Agreement as supplemented by this Trust Supplement (the "Agreement"), the
Trustee shall purchase such Equipment Notes issued by each Owner Trustee or
the Company, as the case may be, having the same interest rate as, and final
maturity dates not later than the final Regular Distribution Date of, the
Certificates issued hereunder and shall hold such Equipment Notes in trust for
the benefit of the Certificateholders;

               WHEREAS, the Trustee hereby declares the creation of this Trust
(the "2002-1C-2 Trust" or the "Applicable Trust") for the benefit of the
Applicable Certificateholders, and the initial Applicable Certificateholders
as the grantors of the 2002-1C-2 Trust, by their respective acceptances of the
Applicable Certificates, join in the creation of this 2002-1C-2 Trust with the
Trustee;

               WHEREAS, all of the conditions and requirements necessary to
make this Trust Supplement, when duly executed and delivered, a valid, binding
and legal instrument in

<PAGE>

accordance with its terms and for the purposes herein expressed, have been
done, performed and fulfilled, and the execution and delivery of this Trust
Supplement in the form and with the terms hereof have been in all respects
duly authorized; and

               WHEREAS, this Trust Supplement is subject to the provisions of
the Trust Indenture Act of 1939, as amended, and shall, to the extent
applicable, be governed by such provisions.

               NOW THEREFORE, in consideration of the premises herein, it is
agreed by and among the Guarantor, the Company and the Trustee as follows:

                                  ARTICLE I
                               THE CERTIFICATES

               Section 1.01. The Certificates. There is hereby created a
series of Certificates to be issued under the Agreement to be distinguished
and known as "Pass Through Certificates, Series 2002-1C-2" (hereinafter
defined as the "Series 2002-1C-2 Certificates" or the "Applicable
Certificates"). Each Series 2002-1C-2 Certificate represents a Fractional
Undivided Interest in the 2002-1C-2 Trust created hereby.

               The terms and conditions applicable to the Series 2002-1C-2
Certificates are as follows:

               (a) The aggregate principal amount of the Series 2002-1C-2
          Certificates that shall be authenticated under the Agreement (except
          for Series 2002-1C-2 Certificates authenticated and delivered
          pursuant to Sections 3.03, 3.04 and 3.05 of the Basic Agreement)
          upon their initial issuance is $56,000,000.

               (b) The Cut-off Date is the earliest of (a) March 31, 2004, (b)
          the date on which Equipment Notes with respect to all the Aircraft
          have been acquired pursuant to the Note Purchase Agreement and (c)
          the date on which a Triggering Event occurs.

               (c) The Regular Distribution Dates with respect to any payment
          of Scheduled Payments means each February 20, May 20, August 20 and
          November 20, commencing on August 20, 2002, until payment of all of
          the Scheduled Payments to be made under the Equipment Notes has been
          made.

               (d) The Special Distribution Dates with respect to the Series
          C-2 Certificates shall be each Business Day on which a Special
          Payment is to be distributed pursuant to this Agreement.

               (e) (i) The Series 2002-1C-2 Certificates shall be in the form
          attached hereto as Exhibit A. Each purchaser of Series 2002-1C-2
          Certificates, by its acceptance of such Certificate or its interest
          therein, will be deemed to represent and warrant to and for the
          benefit of each Owner Participant and the Company that either (x)
          the assets of an employee benefit plan subject to Title I of the
          Employee Retirement Income Security Act of 1974, as amended
          ("ERISA"), of a plan subject to Section 4975 of the Internal Revenue
          Code of 1986, as amended (the "Code"), of entities which may be
          deemed to

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<PAGE>

          hold such plans' assets, or of another employee benefit plan not
          subject to ERISA or Section 4975 of the Code (such as a
          governmental, church or non-U.S. plan) have not been used to
          purchase Series 2002-1C-2 Certificates or (y) one or more prohibited
          transaction statutory or administrative exemptions applies such that
          the use of such plan assets to purchase and hold such Certificate
          will not constitute a non-exempt prohibited transaction under ERISA
          or Section 4975 of the Code or a violation under any federal, state
          or local law that is substantially similar to the provisions of
          Title I of ERISA or Section 4975 of the Code.

               (ii) The Series 2002-1C-2 Certificates shall be Book-Entry
          Certificates, which shall be subject to the conditions set forth in
          the Letter of Representations among the Guarantor, the Company and
          the Depository Trust Company (the "DTC") attached hereto as Exhibit
          B.

               (f) The Scheduled Payments of principal shall be as set forth
          in Exhibit C hereto.

               (g) The proceeds of the Series 2002-1C-2 Certificates shall be
          deposited in the Deposit Accounts and will be used in accordance
          with the Escrow Agreement and the Deposit Agreement.

               (h) Upon delivery of each Aircraft with respect to which Series
          C-2 Equipment Notes are to be issued, the Owner Trustee (in the case
          of a Selected Aircraft that is a Leased Aircraft), acting on behalf
          of its respective Owner Participant, will issue on a nonrecourse
          basis, or the Company (in the case of an Owned Aircraft) will issue
          on a recourse basis, the Series C-2 Equipment Notes, the proceeds of
          which shall be used, among other things, to finance or refinance a
          portion of the purchase price of such Aircraft.

               (i) At the Escrow Agent's request under the Escrow Agreement,
          the Trustee shall affix the corresponding Escrow Receipt to each
          Series 2002-1C-2 Certificate. In any event, any transfer or exchange
          of any Series 2002-1C-2 Certificate shall also effect a transfer or
          exchange of the related Escrow Receipt. Prior to the Final
          Withdrawal Date, no transfer or exchange of any Series 2002-1C-2
          Certificate shall be permitted unless the corresponding Escrow
          Receipt is attached thereto and also is so transferred or exchanged.
          By acceptance of any Series 2002-1C-2 Certificate to which an Escrow
          Receipt is attached, each Certificateholder of such a Series
          2002-1C-2 Certificate acknowledges and accepts the restrictions on
          transfer of the Escrow Receipt set forth herein and in the Escrow
          Agreement.

               Section 1.02. Intercreditor Agreement, Deposit Agreement and
Escrow Agreement. The Series 2002-1C-2 Certificates are subject to the
Intercreditor Agreement, the Deposit Agreement and the Escrow Agreement.

               Section 1.03. Ranking of Series 2002-1C-2 Certificates. The
Series 2002-1C-2 Certificates will be subject to the ranking and priority as
set forth in the Intercreditor Agreement.

                                      3
<PAGE>

               Section 1.04. Liquidity Facility. Payments of interest on the
Series 2002-1C-2 Certificates will be supported by the Primary Liquidity
Facility to be provided by the Primary Liquidity Provider for the benefit of
the Applicable Certificateholders.

               Section 1.05. No Cross-Default or Cross-Collateralization of
Equipment Notes. As set forth in the related Indenture, there will not be any
cross-collateralization provisions or cross-default provisions in respect of
the Equipment Notes.

                                  ARTICLE II
                            PREDELIVERY FUNDING AND
                              STATEMENT OF INTENT

               Section 2.01. Predelivery Funding. On the date hereof, the
proceeds from the issuance of the Applicable Certificates will be deposited in
the Deposit Accounts on behalf of the Escrow Agent. Pursuant to the terms of
the Deposit Agreement and the Note Purchase Agreement, a portion of the
proceeds from the issuance of the Applicable Certificates will be withdrawn
from one or more Deposit Accounts on any date on which an Owner Trustee (in
the case of a Leased Aircraft) or the Company (in the case of an Owned
Aircraft) issues Equipment Notes with respect to an Aircraft.

               Section 2.02. Statement of Intent. The parties hereto intend
that the Applicable Trust be classified for U.S. federal income tax purposes
as a grantor trust under Subpart E, Part I of Subchapter J of the Code and not
as a trust or association taxable as a corporation or a partnership. Each of
the parties hereto and each Applicable Certificateholder, or beneficial owner
of an Applicable Certificate, by its acceptance of its Applicable Certificate
or a beneficial interest therein, agrees to treat for all U.S. federal, state
and local income tax purposes (i) the Applicable Trust as a grantor trust and
(ii) Equipment Notes to be issued (or assumed) by an Owner Trust (in the case
of a Leased Aircraft) as indebtedness of such Owner Trust, and Equipment Notes
issued by the Company (in the case of an Owned Aircraft) as indebtedness of
the Company.

               Section 2.03. Activities of Trust. (a) Other than in connection
with the transactions contemplated by this Agreement or the Note Documents,
the Trustee, on behalf of the Applicable Trust, shall not (i) borrow money or
issue debt or (ii) merge with another entity, reorganize, liquidate or sell
its assets.

               (b) The activities of the Trustee on behalf of the Applicable
Trust shall be limited to those activities authorized by this Agreement or the
Note Documents.

                                 ARTICLE III
                                 DEFINITIONS

               Section 3.01. Definitions. (a) For all purposes of the Basic
Agreement as supplemented by this Trust Supplement, the following capitalized
terms have the following meanings:

               Aircraft: Has the meaning specified in the Note Purchase
          Agreement.

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<PAGE>

               Applicable Certificateholder: Means the holder of an Applicable
          Certificate.

               Applicable Certificates: As defined in Section 1.01.

               Break Amount: Has the meaning specified in each relevant
          Indenture.

               Business Day: Means any day, other than a Saturday, Sunday or
          other day on which commercial banks are authorized or required to
          close in New York, New York, Minneapolis, Minnesota, Boston,
          Massachusetts, or Salt Lake City, Utah.

               Class D Certificateholder: Means the holder of a Class D
          Certificate.

               Class D Certificates: Has the meaning specified in the
          Intercreditor Agreement.

               Class D Notice: Has the meaning specified in the Note Purchase
          Agreement.

               Closing Notice: Has the meaning specified in the Note Purchase
          Agreement.

               Cut-off Date: Has the meaning specified in Section 1.01(b).

               Deposit Account: Means an account established under Section 1.2
          of the Deposit Agreement.

               Deposit Agreement: Means the Deposit Agreement dated as of
          August 5, 2002 relating to the Applicable Certificates between the
          Depositary and the Escrow Agent, as the same may be amended,
          supplemented or otherwise modified from time to time in accordance
          with its terms.

               Deposit Make-Whole Amount: Has the meaning specified in the
          Note Purchase Agreement.

               Depositary: Means Credit Suisse First Boston, New York Branch,
          and any replacement or successor therefor.

               Deposits: Has the meaning specified in the Note Purchase
          Agreement.

               Distribution Date: Means any Regular Distribution Date or
          Special Distribution Date.

               DTC: Has the meaning specified in Section 1.01(e) hereof.

               DTC Participant: Means any of the participants in the DTC.

               Eligible Aircraft: Has the meaning specified in the Note
          Purchase Agreement.

               Escrow Agent: Means Wells Fargo Bank Northwest, National
          Association, and any replacement or successor therefor appointed in
          accordance with the Escrow Agreement.

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<PAGE>

               Escrow Agreement: Means the Escrow and Paying Agent Agreement
          dated as of August 5, 2002 relating to the Applicable Certificates,
          among the Escrow Agent, the Paying Agent, the Trustee and the
          Underwriters, as the same may be amended, supplemented or otherwise
          modified from time to time in accordance with its terms.

               Escrow Receipt: Means the receipt substantially in the form
          annexed to the Escrow Agreement representing a fractional undivided
          interest in the funds held in the Paying Agent Account (as defined
          in the Escrow Agreement).

               Final Withdrawal: With respect to the Escrow Agreement, has the
          meaning set forth in Section 1.2 thereof.

               Final Withdrawal Date: Means the date on which the Final
          Withdrawal occurs.

               Intercreditor Agreement: Means the Intercreditor Agreement,
          dated as of the date hereof, by and among the Trustee, the Other
          Trustee, the Liquidity Providers named therein, the Policy Provider
          and State Street Bank and Trust Company, as Subordination Agent.

               Leased Aircraft: Has the meaning specified in the recitals
          hereto.

               Luxembourg Paying Agent: Has the meaning specified in Section
          4.08 of this Trust Supplement.

               Note Documents: With respect to any Equipment Note, means the
          Note Purchase Agreement, the related Indenture, the related
          Participation Agreement, and, if the related Aircraft is leased to
          the Company, the related Lease.

               Note Purchase Agreement: Means the Note Purchase Agreement,
          dated as of the date hereof, among the Company, the Trustee, the
          Other Trustee, State Street Bank and Trust Company, as Subordination
          Agent, the Escrow Agent and the Paying Agent.

               Notice of Purchase Withdrawal: Has the meaning specified in the
          Deposit Agreement.

               Notice of Series D Non-Issuance Withdrawal: Has the meaning
          specified in the Deposit Agreement.

               Other Agreement: Means the Basic Agreement as supplemented by
          Trust Supplement No. 2002-1C-1 (the "2002-1C-1 Trust Supplement")
          dated the date hereof relating to Northwest Airlines 2002-1C-1 Pass
          Through Trust, by Trust Supplement No. 2002-1G-1 (the "2002-1G-1
          Trust Supplement") dated the date hereof relating to the Northwest
          Airlines 2002-1G-1 Pass Through Trust, by Trust Supplement No.
          2002-1G-2 (the "2002-1G-2 Trust Supplement") dated the date hereof
          relating to the Northwest Airlines 2002-1G-2 Pass Through Trust and,
          upon execution thereof, by Trust Supplement No. 2002-1D (the
          "2002-1D Trust Supplement") relating to the Northwest Airlines
          2002-1D Pass Through Trust.

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<PAGE>

               Other Trustee: Means the trustee under the Other Agreement, and
          any successor or other trustee appointed as provided therein.

               Owned Aircraft: Has the meaning specified in the recitals
          hereto.

               Participation Agreement: Has the meaning specified in the Note
          Purchase Agreement.

               Paying Agent: Means State Street Bank and Trust Company.

               Policy Provider: Means MBIA Insurance Corporation, and any
          replacement or successor thereof appointed in accordance with the
          Policy Provider Agreement.

               Policy Provider Agreement: Has the meaning specified in the
          Intercreditor Agreement.

               Pool Balance: Means, as of any date, (i) the original aggregate
          face amount of the Applicable Certificates less (ii) the aggregate
          amount of all payments made in respect of such Applicable
          Certificates or in respect of Deposits relating to the Applicable
          Trust other than payments made in respect of interest or premium
          thereon or reimbursement of any costs or expenses incurred in
          connection therewith. The Pool Balance as of any Distribution Date
          will be computed after giving effect to any special distribution
          with respect to unused Deposits, payment of principal of the
          Equipment Notes or payment with respect to other Trust Property and
          the distribution thereof to be made on that date.

               Pool Factor: Means, as of any Distribution Date, the quotient
          (rounded to the seventh decimal place) computed by dividing (i) the
          Pool Balance by (ii) the original aggregate face amount of the
          Applicable Certificates. The Pool Factor as of any Distribution Date
          shall be computed after giving effect to any special distribution
          with respect to unused Deposits, payment of principal of the
          Equipment Notes or other Trust Property and the distribution thereof
          to be made on that date.

               Prepayment Premium: Has the meaning specified in each relevant
          Indenture.

               Primary Liquidity Facility: Means the Revolving Credit
          Agreement dated as of August 5, 2002 relating to the Applicable
          Certificates, between the Primary Liquidity Provider and State
          Street Bank and Trust, as Subordination Agent, as agent and trustee
          for the Applicable Trust, and, from and after the replacement of
          such agreement pursuant to the Intercreditor Agreement, the
          replacement liquidity facility therefor, in each case as amended,
          supplemented or otherwise modified from time to time in accordance
          with their respective terms.

               Primary Liquidity Provider: Means Citibank, N.A., and any
          replacements or successors therefor appointed in accordance with
          the Intercreditor Agreement.

               Prospectus Supplement: Means the Prospectus Supplement dated
          July 29, 2002, relating to the offering of the Class G-1
          Certificates, the Class G-2 Certificates, the Class

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<PAGE>

          C-1 Certificates and the Class C-2 Certificates (each as defined in
          the Intercreditor Agreement).

               Receiptholder: Has the meaning specified in the Escrow
          Agreement.

               Record Date: Means the fifteenth day preceding any Distribution
          Date on which the Applicable Certificateholders are determined for
          purposes of the distribution which will occur on such Distribution
          Date.

               Scheduled Closing Date: Has the meaning specified in the Note
          Purchase Agreement.

               Scheduled Payment: Has the meaning specified in the
          Intercreditor Agreement.

               Selected Aircraft: Has the meaning specified in the Note
          Purchase Agreement.

               Series D Non-Issuance Withdrawal: Has the meaning specified in
          the Deposit Agreement.

               Special Payment: Means any payment (other than a Scheduled
          Payment) in respect of, or any proceeds of, any Equipment Note or
          Trust Indenture Estate (as defined in each Indenture) or Special
          Redemption Premium.

               Special Redemption Premium: Means the Deposit Make-Whole Amount
          payable by the Company in respect of the Final Withdrawal or Series
          D Non-Issuance Withdrawal pursuant to the Note Purchase Agreement.

               Trust Property: Means (i) the Equipment Notes held as the
          property of the Applicable Trust and, subject to the Intercreditor
          Agreement, all monies at any time paid thereon and all monies due
          and to become due thereunder, (ii) the rights of the Applicable
          Trust under the Escrow Agreement to request the Escrow Agent to
          withdraw from the Deposit Accounts funds sufficient to enable the
          Applicable Trust to purchase Equipment Notes on the delivery of an
          Aircraft, (iii) funds from time to time deposited in the Certificate
          Account and the Special Payments Account, and (iv) all rights of the
          Applicable Trust and the Trustee, on behalf of the Applicable Trust,
          under the Intercreditor Agreement, the Note Purchase Agreement and
          the Primary Liquidity Facility, including, without limitation, the
          rights of the Applicable Trust to acquire Equipment Notes under the
          Note Purchase Agreement, all rights to receive certain payments
          under such documents, and all monies paid to the Trustee on behalf
          of the Applicable Trust pursuant to the Intercreditor Agreement or
          the Primary Liquidity Facility.

               Trusts: Means, collectively, the Northwest Airlines 2002-1 Pass
          Through Trusts to be formed pursuant to the Basic Agreement, as
          supplemented by this Trust Supplement and the Other Agreement.

               Underwriters: Means the several Underwriters named in and who
          are parties to the Underwriting Agreement.

                                      8
<PAGE>

               Underwriting Agreement: Means the Underwriting Agreement dated
          July 29, 2002, by and among the Company, the Guarantor and the
          Underwriters.

               Section 3.02. Other. (a) For purposes of the Applicable Trust,
"PTC Event of Default," as used in the Basic Agreement, shall have the meaning
set forth in the Intercreditor Agreement.

               (b) With respect to the Applicable Trust, the definition of the
term "Specified Investments" in the Basic Agreement is amended by adding the
following sentence at the end of such definition:

               "State Street Bank and Trust Company of Connecticut, National
Association, in acting as Pass Through Trustee is hereby authorized, in making
or disposing of any investment described herein, to deal with itself (in its
individual capacity) or with any one or more of its affiliates, whether it or
such affiliate is acting as an agent of the Pass Through Trustee or for any
third person or dealing as principal for its own account."

                                  ARTICLE IV
                                  THE TRUSTEE

               Section 4.01. Delivery of Documents; Delivery Dates. (a) The
Trustee is hereby directed (i) to execute and deliver the Intercreditor
Agreement, the Escrow Agreement and the Note Purchase Agreement, each in the
form delivered to the Trustee by the Company and (ii) subject to the
respective terms thereof, to perform its obligations thereunder. Upon request
of the Company and the satisfaction or waiver of the closing conditions
specified in the Underwriting Agreement, the Trustee shall execute, deliver,
authenticate, issue and sell Applicable Certificates in authorized
denominations equaling in the aggregate the amount set forth, with respect to
the Applicable Trust, in Schedule I to the Underwriting Agreement evidencing
the entire ownership interest in the Applicable Trust, which amount equals the
maximum aggregate principal amount of Equipment Notes which may be purchased
by the Trustee pursuant to the Note Purchase Agreement. Except as provided in
Sections 3.03, 3.04, 3.05 and 3.09 of the Basic Agreement, the Trustee shall
not execute, authenticate or deliver Applicable Certificates in excess of the
aggregate amount specified in this paragraph.

               (b) On or after the Issuance Date the Company may deliver from
time to time to the Trustee a Closing Notice relating to one or more Equipment
Notes. After receipt of a Closing Notice and in any case no later than two
Business Days prior to a Scheduled Closing Date as to which such Closing
Notice relates (the "Applicable Delivery Date"), the Trustee shall (as and
when specified in the Closing Notice) instruct the Escrow Agent to provide a
Notice of Purchase Withdrawal to the Depositary requesting (i) the withdrawal
of all principal amounts from one or more Deposit Accounts on the Applicable
Delivery Date in accordance with and to the extent permitted by the terms of
the Escrow Agreement and the Deposit Agreement and (ii) the payment of all, or
a portion, of the amount withdrawn from such Deposit Account or Accounts in an
amount equal in the aggregate to the purchase price of such Equipment Notes to
or on behalf of the Owner Trustee or the Company, as the case may be, issuing
such Equipment Notes, all as shall be described in the Closing Notice. The
Trustee shall (as and when specified in such Closing Notice), subject to the
conditions set forth in Section 3 of the Note Purchase

                                      9
<PAGE>

Agreement, enter into and perform its obligations under the Participation
Agreement specified in such Closing Notice (the "Applicable Participation
Agreement") and cause such certificates, documents and legal opinions relating
to the Trustee to be duly delivered as required by the Applicable
Participation Agreement. If at any time prior to the Applicable Delivery Date,
the Trustee receives a notice of postponement pursuant to Section 2(e) or 2(f)
of the Note Purchase Agreement, then the Trustee shall give the Depositary
(with a copy to the Escrow Agent) a notice of cancellation of such Notice of
Purchase Withdrawal relating to such Deposit Account or Accounts on such
Applicable Delivery Date. Upon satisfaction of the conditions specified in the
Note Purchase Agreement and the Applicable Participation Agreement, the
Trustee shall purchase the applicable Equipment Notes with the proceeds of the
withdrawals from one or more Deposit Accounts made on the Applicable Delivery
Date in accordance with the terms of the Deposit Agreement and the Escrow
Agreement. The purchase price of such Equipment Notes shall equal the
principal amount of such Equipment Notes. Amounts withdrawn from such Deposit
Account or Accounts in excess of the purchase price of the Equipment Notes
(and not otherwise subject to a Series D Non-Issuance Withdrawal) or to the
extent not applied on the Applicable Delivery Date to the purchase price of
the Equipment Notes, shall be re-deposited by the Trustee with the Depositary
on the Applicable Delivery Date in accordance with the terms of the Deposit
Agreement.

               (c) If, in respect of an Aircraft, the Company shall deliver to
the Trustee a Class D Notice pursuant to Section 2(b) of the Note Purchase
Agreement specifying that a Series D Non-Issuance Withdrawal will be required
under the Escrow Agreement, the Trustee shall (as and when specified in such
Class D Notice) instruct the Escrow Agent to provide a Notice of Series D
Non-Issuance Withdrawal to the Depositary requesting (i) the withdrawal of
principal amounts from one or more Deposit Accounts in the amounts and on the
date specified in such Class D Notice (together with accrued interest to such
specified date on the amounts so withdrawn) in accordance with and to the
extent permitted by the terms of the Escrow Agreement and the Deposit
Agreement and (ii) the payment to the Paying Agent (for payment to the
Receiptholders in accordance with the Escrow Agreement) of the amounts so
withdrawn from such Deposit Account or Accounts. If at any time prior to the
Applicable Delivery Date the Trustee receives a notice of postponement
pursuant to Section 2(e) or 2(f) of the Note Purchase Agreement, then the
Trustee shall give the Depositary (with a copy to the Escrow Agent) a notice
of cancellation of such Notice of Series D Non-Issuance Withdrawal relating to
such Deposit Account or Accounts. Amounts withdrawn from such Deposit Account
or Accounts, to the extent not distributed to the Receiptholders on the date
specified in the Class D Notice, shall be redeposited by the Trustee with the
Depositary in accordance with the terms of the Deposit Agreement. Upon receipt
of a Class D Notice specifying the requirement for a Series D Non-Issuance
Withdrawal, the Trustee shall also make a demand upon the Company for an
amount equal to the Special Redemption Premium, such payment to be made on the
date specified in such Class D Notice as the date for payment by the
Depositary of funds pursuant to the Series D Non-Issuance Withdrawal.

               Section 4.02. Withdrawal of Deposits. If any Deposits remain
outstanding on the Business Day next succeeding the Cut-off Date, (i) the
Trustee shall give the Escrow Agent notice that the Trustee's obligation to
purchase Equipment Notes under the Note Purchase Agreement has terminated and
instruct the Escrow Agent to provide a notice of Final Withdrawal to the
Depositary substantially in the form of Exhibit B to the Deposit Agreement
(the "Final

                                      10
<PAGE>

Withdrawal Notice") and (ii) the Trustee will make a demand upon the Company
for an amount equal to the Special Redemption Premium, such payment to be made
on the Final Withdrawal Date.

               Section 4.03. The Trustee. (a) Subject to Section 4.04 of this
Trust Supplement and Section 7.14 of the Basic Agreement, the Trustee shall
not be responsible in any manner whatsoever for or in respect of the validity
or sufficiency of this Trust Supplement, the Deposit Agreement or the Escrow
Agreement or the due execution hereof or thereof by the Company or the other
parties thereto (other than the Trustee), or for or in respect of the recitals
and statements contained herein or therein, all of which recitals and
statements are made solely by the Company.

               (b) Except as herein otherwise provided, no duties,
responsibilities or liabilities are assumed, or shall be construed to be
assumed by the Trustee by reason of this Trust Supplement other than as set
forth in the Basic Agreement, and this Trust Supplement is executed and
accepted on behalf of the Trustee, subject to all the terms and conditions set
forth in the Basic Agreement, upon the effectiveness thereof, as fully to all
intents as if the same were herein set forth at length.

               Section 4.04. Representations and Warranties of the Trustee.
The Trustee hereby represents and warrants that:

               (a) the Trustee has full power, authority and legal right to
          execute, deliver and perform this Trust Supplement, the
          Intercreditor Agreement, the Escrow Agreement and the Note Documents
          to which it is a party (collectively, the "Trustee Agreements") and
          has taken all necessary action to authorize the execution, delivery
          and performance by it of the Trustee Agreements;

               (b) the execution, delivery and performance by the Trustee of
          the Trustee Agreements (i) will not violate any provision of any
          United States federal law or the law of the state of the United
          States where it is located governing the banking and trust powers of
          the Trustee or any order, writ, judgment, or decree of any court,
          arbitrator or governmental authority applicable to the Trustee or
          any of its assets, (ii) will not violate any provision of the
          articles of association or by-laws of the Trustee, and (iii) will
          not violate any provision of, or constitute, with or without notice
          or lapse of time, a default under, or result in the creation or
          imposition of any lien on any properties included in the Trust
          Property pursuant to the provisions of any mortgage, indenture,
          contract, agreement or other undertaking to which it is a party,
          which violation, default or lien could reasonably be expected to
          have an adverse effect on the Trustee's performance or ability to
          perform its duties hereunder or thereunder or on the transactions
          contemplated herein or therein;

               (c) the execution, delivery and performance by the Trustee of
          the Trustee Agreements will not require the authorization, consent,
          or approval of, the giving of notice to, the filing or registration
          with, or the taking of any other action in respect of, any
          governmental authority or agency of the United States or the state
          of the United States where it is located regulating the banking and
          corporate trust activities of the Trustee; and

                                      11
<PAGE>

               (d) each Trustee Agreement has been, or will be, as applicable,
          duly executed and delivered by the Trustee and constitute, or will
          constitute, as applicable, the legal, valid and binding agreement of
          the Trustee, enforceable against it in accordance with its terms;
          provided, however, that enforceability may be limited by (i)
          applicable bankruptcy, insolvency, reorganization, moratorium or
          similar laws affecting the rights of creditors generally and (ii)
          general principles of equity.

               Section 4.05. Trustee Liens. The Trustee in its individual
capacity agrees, in addition to the agreements contained in Section 7.16 of
the Basic Agreement, that it will, at its own cost and expense, promptly take
any action as may be necessary to duly discharge and satisfy in full any
Trustee's liens on or with respect to the Trust Property which is attributable
to the Trustee in its individual capacity and which is unrelated to the
transactions contemplated by the Intercreditor Agreement or the Note Purchase
Agreement.

               Section 4.06. Amendment of Section 7.01 of the Basic Agreement.
The Trustee agrees, in addition to the agreements contained in Section 7.01 of
the Basic Agreement, that it will promptly transmit any such notices to the
Luxembourg Paying Agent.

               Section 4.07. Amendment of Section 8.03 of the Basic Agreement.
(a) So long as any of the Applicable Certificates are listed on the Luxembourg
Stock Exchange and the rules of the Luxembourg Stock Exchange shall so
require, the Trustee shall promptly furnish to the Luxembourg Listing Agent
following receipt thereof from the Company (i) copies of the Operative
Agreements (as defined in the Intercreditor Agreement), the Deposit Agreement
and the Escrow Agreement and (ii) copies of the information received by the
Trustee from the Company pursuant to Section 8.04 of the Basic Agreement.

               (b) The provisions of this Section 4.07 supersede and replace
the provisions of Section 8.03 of the Basic Agreement in its entirety with
respect to the Applicable Trust.

               Section 4.08. Luxembourg Paying Agent. So long as any of the
Applicable Certificates are listed on the Luxembourg Stock Exchange and the
rules of the Luxembourg Stock Exchange shall so require, the Trustee shall
maintain a paying agent in Luxembourg (the "Luxembourg Paying Agent"), which
shall be considered a Paying Agent for purposes of the Agreement. The
Luxembourg Paying Agent, by accepting its appointment, shall be deemed to
agree to perform the duties of the paying agent set forth in the Prospectus
Supplement and the other requirements of the Luxembourg Stock Exchange. The
Trustee hereby initially appoints Credit Lyonnais Luxembourg S.A., as
Luxembourg Paying Agent and as the Trustee's agent where notices and demands
to or upon the Trustee in respect of any Applicable Certificates listed on the
Luxembourg Stock Exchange may be served, where payments of principal,
interest, Prepayment Premium (if any) and other premium (if any) on the
Definitive Certificates may be made upon written request of the registered
holder of a Definitive Certificate to the Trustee or to the Luxembourg Paying
Agent (a copy of which shall be furnished to the Trustee), and where such
Applicable Certificates may be surrendered for exchange on the terms and
conditions set forth in this Agreement. The Trustee shall, upon written
request of the Company, at any time and from time to time, vary or terminate
the appointment of such Luxembourg Paying Agent or appoint any additional or
replacement Luxembourg Paying Agent for any or all of such purposes, subject
to the requirements of the first sentence of this Section 4.08. The Trustee
shall direct the

                                      12
<PAGE>

Luxembourg Paying Agent to promptly forward copies of all inquiries and
requests relating to the Applicable Certificates to the Trustee and the Escrow
Agent.

                                  ARTICLE V
                            SUPPLEMENTAL AGREEMENT

               Section 5.01. Supplemental Agreements. (a) For purposes of this
Trust, Section 9.01 and 9.02 of the Basic Agreement shall be amended to read
as follows:

               "Section 9.01. Supplemental Agreements Without Consent of
          Applicable Certificateholders. Without the consent of the Applicable
          Certificateholders, the Guarantor and the Company may, and the
          Trustee (subject to Section 9.03) shall, at any time and from time
          to time, enter into one or more agreements supplemental hereto or,
          if applicable, to the Deposit Agreements, the Escrow Agreements, the
          Intercreditor Agreement, the Note Purchase Agreement or any
          Liquidity Facility, for any of the following purposes:

                    (1) to provide for the formation of a Trust, the issuance
               of a series of certificates and the other matters contemplated
               by Section 2.01(b); or

                    (2) to evidence the succession of another corporation to
               the Company or the Guarantor and the assumption by any such
               successor of the covenants of the Company or the Guarantor
               herein contained or contained in the Note Purchase Agreement;
               or

                    (3) to add to the covenants of the Guarantor or the
               Company for the benefit of the Certificateholders of any
               series, or to surrender any right or power conferred upon the
               Guarantor or the Company in this Agreement, the Intercreditor
               Agreement, the Note Purchase Agreement or any Liquidity
               Facility; or

                    (4) except where Certificateholder consent is required by
               Sections 9.02(1) - 9.02(6) and as described below, to correct
               or supplement any provision in this Agreement, the Deposit
               Agreements, the Escrow Agreements, the Intercreditor Agreement,
               the Note Purchase Agreement or any Liquidity Facility which may
               be defective or inconsistent with any other provision herein or
               in any Trust Supplement or to make any other provisions with
               respect to matters or questions arising under this Agreement,
               the Deposit Agreements, the Escrow Agreements, the
               Intercreditor Agreement, the Note Purchase Agreement or any
               Liquidity Facility, provided that any such action shall not
               adversely affect the interests of the Certificateholders of any
               series; or to cure any ambiguity or correct any mistake in this
               Agreement, the Deposit Agreements, the Escrow Agreements, the
               Intercreditor Agreement, the Note Purchase Agreement or any
               Liquidity Facility; or

                                      13
<PAGE>

                    (5) to comply with any requirement of the SEC, any
               applicable law, rules or regulations of any exchange or
               quotation system on which the Applicable Certificates are
               listed, or any regulatory body; or

                    (6) to modify, eliminate or add to the provisions of this
               Agreement, the Deposit Agreements, the Escrow Agreements, the
               Intercreditor Agreement, the Note Purchase Agreement or any
               Liquidity Facility to such extent as shall be necessary to
               continue the qualification of this Agreement (including any
               supplemental agreement) under the Trust Indenture Act, or under
               any similar Federal statute hereafter enacted, and to add to
               this Agreement, the Deposit Agreements, the Escrow Agreements,
               the Intercreditor Agreement, the Note Purchase Agreement or any
               Liquidity Facility such other provisions as may be expressly
               permitted by the Trust Indenture Act, excluding, however, the
               provisions referred to in Section 316(a)(2) of the Trust
               Indenture Act as in effect at the date as of which this
               instrument was executed or any corresponding provision in any
               similar Federal statute hereafter enacted; or

                    (7) to evidence and provide for the acceptance of
               appointment under this Agreement, the Deposit Agreements, the
               Escrow Agreements, the Intercreditor Agreement, the Note
               Purchase Agreement or any Liquidity Facility by a successor
               Trustee with respect to one or more Trusts and to add to or
               change any of the provisions of this Agreement, the Deposit
               Agreements, the Escrow Agreements, the Intercreditor Agreement,
               the Note Purchase Agreement or any Liquidity Facility as shall
               be necessary to provide for or facilitate the administration of
               the Trusts hereunder and thereunder by more than one Trustee,
               pursuant to the requirements of Section 7.09; or

                    (8) to make any other amendments or modifications hereto,
               provided such amendments or modifications shall only apply to
               Certificates of one or more series to be thereafter issued."

               "Section 9.02. Supplemental Agreements with Consent of
          Certificateholders. With respect to each separate Trust and the
          series of Certificates relating thereto, with the consent of the
          Certificateholders holding Certificates of any such series
          evidencing Fractional Undivided Interests aggregating not less than
          a majority in interest in such Trust, by Act of said
          Certificateholders delivered to the Guarantor, the Company and the
          Trustee, the Guarantor and the Company may (with the consent of the
          Owner Trustee, if any, relating to such Certificates, which consent
          shall not be unreasonably withheld), and the Trustee (subject to
          Section 9.03) shall, enter into an agreement or agreements
          supplemental hereto for the purpose of adding any provisions to or
          changing in any manner or eliminating any of the provisions of this
          Agreement, the Deposit Agreements, the Escrow Agreements, the
          Intercreditor Agreement, the Note Purchase Agreement or any
          Liquidity Facility to the extent applicable to such
          Certificateholders or of modifying in any manner the rights and
          obligations of such Certificateholders under this Agreement, the
          Deposit Agreements, the Escrow Agreements, the Intercreditor
          Agreement, the Note Purchase Agreement or any Liquidity Facility;
          provided, however, that no such

                                      14
<PAGE>

          supplemental agreement shall, without the consent of the
          Certificateholder of each Outstanding Certificate affected thereby:

                    (1) reduce in any manner the amount of, or delay the
               timing of, any receipt by the Trustee of payments on the
               Equipment Notes or other Trust Property held in such Trust or
               distributions that are required to be made herein on any
               Certificate of such series, or change any date of payment of
               any Certificate of such series, or change the place of payment
               where, or the coin or currency in which, any Certificate of
               such series is payable, or impair the right to institute suit
               for the enforcement of any such payment or distribution on or
               after the Regular Distribution Date or Special Distribution
               Date applicable thereto; or

                    (2) permit the disposition of any Equipment Note in the
               Trust Property of such Trust except as permitted by this
               Agreement, or otherwise deprive such Certificateholder of the
               benefit of the ownership of the Equipment Notes in such Trust;
               or

                    (3) alter the priority of distributions specified in the
               Intercreditor Agreement; or

                    (4) reduce the percentage of the aggregate Fractional
               Undivided Interests of such Trust, the consent of the holder of
               which is required for any such supplemental agreement, or
               reduce such percentage required for any waiver (of compliance
               with certain provisions of this Agreement or certain defaults
               hereunder and their consequences) provided for in this
               Agreement; or

                    (5) modify any of the provisions of this Section or
               Section 6.05, except to increase any such percentage or to
               provide that certain other provisions of this Agreement cannot
               be modified or waived without the consent of the
               Certificateholder of each Certificate or such series affected
               thereby.

               It shall not be necessary for any Act of such
          Certificateholders under this Section to approve the particular form
          of any proposed supplemental agreement, but it shall be sufficient
          if such Act shall approve the substance thereof."

               (b) If Class E Certificates are issued, the Company, the
Guarantor and the Trustee, without the consent of the Applicable
Certificateholders, may enter into an agreement supplemental to this Trust
Supplement whereby Class E Certificateholders shall be granted purchase rights
similar to those set forth in Section 7.01 hereof.

               (c) Any supplemental agreement may not adversely affect the
status of the Applicable Trust for U.S. federal income tax purposes, as either
(i) a grantor trust under Subpart E, Part I of Subchapter J of Chapter 1 of
Subtitle A of the Code or (ii) a partnership.

                                      15
<PAGE>

                                  ARTICLE VI
                DISTRIBUTIONS; STATEMENT TO CERTIFICATEHOLDERS

               Section 6.01. Additions to Article IV of the Basic Agreement.
In addition to the provisions of Article IV of the Basic Agreement, the
following provisions shall apply to the Applicable Trust:

               (a) Upon the payment of Special Redemption Premium to the
          Trustee under the Note Purchase Agreement, the Trustee, upon receipt
          thereof, shall immediately deposit the aggregate amount of such
          Special Redemption Premium in the Special Payments Account.

               (b) The distribution of amounts of Special Redemption Premium
          as provided for in Section 4.02(b) of the Basic Agreement shall be
          on the Special Distribution Date with respect to such Special
          Payment or as soon thereafter as the Trustee has confirmed receipt
          of the related Special Redemption Premium.

               (c) In the event of the payment of a Special Redemption Premium
          by the Company to the Trustee under the Note Purchase Agreement, the
          notice provided for in Section 4.02(c) of the Basic Agreement shall
          be mailed, together with the notice by the Paying Agent under
          Section 2.6 of the Escrow Agreement, not less that 15 days prior to
          the Special Distribution Date for such amount, which Special
          Distribution Date shall be the Final Withdrawal Date or date of
          payment of the Series D Non-Issuance Withdrawal, as the case may be.

               (d) The last sentence of the first paragraph of Section 4.02(c)
          of the Basic Agreement shall apply equally if the amount of Special
          Redemption Premium, if any, has not been calculated at the time the
          Trustee mails notice of a Special Payment.

               Section 6.02. Statements to Applicable Certificateholders;
Federal Income Tax Reporting. (a) On each Distribution Date, the Trustee will
include with each distribution to Applicable Certificateholders of a Scheduled
Payment or Special Payment, as the case may be, a statement setting forth the
information provided below (in the case of a Special Payment, including any
Special Redemption Premium, reflecting in part the information provided by the
Paying Agent under the Escrow Agreement). Such statement shall set forth (per
$1,000 face amount Applicable Certificate as to (i), (ii), (iii), (iv) and (v)
below) the following information:

               (i) the aggregate amount of funds distributed on such
          Distribution Date under the Agreement and under the Escrow
          Agreement, indicating the amount allocable to each source (including
          any portion thereof paid by the Liquidity Provider);

               (ii) the amount of such distribution under the Agreement
          allocable to principal and the amount allocable to premium
          (including the Special Redemption Premium), if any;

               (iii) the amount of such distribution under the Agreement
          allocable to interest;

                                      16
<PAGE>

               (iv) the amount of such distribution under the Escrow Agreement
          allocable to interest;

               (v) the amount of such distribution under the Escrow Agreement
          allocable to unused Deposits, if any, and the amount of such
          distribution under the Escrow Agreement allocable to Deposit
          Make-Whole Amount, if any; and

               (vi) the Pool Balance and the Pool Factor.

               With respect to the Applicable Certificates registered in the
name of DTC, on the Record Date prior to each Distribution Date, the Trustee
will request from DTC a securities position listing setting forth the names of
all direct participants reflected on its books as holding interests in the
Applicable Certificates on such Record Date. On each Distribution Date, the
Trustee will mail to each such direct participant, whose name has been
provided by DTC, the statement described above and will make available
additional copies as requested by such direct participant for forwarding to
holders of interests in the Applicable Certificates.

               (b) Within a reasonable period of time after the end of each
calendar year but not later than the latest date permitted by law, the Trustee
shall furnish to each Person who at any time during such calendar year was an
Applicable Certificateholder of record a statement containing the sum of the
amounts determined pursuant to clauses (a)(i), (a)(ii), (a)(iii), (a)(iv) and
(a)(v) of this Section 6.02 for such calendar year or, in the event such
Person was an Applicable Certificateholder of record during a portion of such
calendar year, for such portion of such year, and such other items as are
readily available to the Trustee and which an Applicable Certificateholder
shall reasonably request as necessary for the purpose of such Applicable
Certificateholder's preparation of its federal income tax returns. Such
statement and such other items shall be prepared on the basis of information
supplied to the Trustee by the direct participants of DTC, and shall be
delivered by the Trustee to such direct participants to be available for
forwarding by such direct participants to the holders of interests in the
Applicable Certificates in the manner described in Section 6.02(a) hereof.

               (c) Promptly following the date of (i) any change in the
information set forth in clauses (x) and (y) below from that set forth in page
S-50 and S-51 of the Prospectus Supplement, and (ii) any early redemption or
purchase of, or any default in the payment of principal or interest in respect
of, any of the Equipment Notes held in the Applicable Trust, or any Final
Withdrawal, the Trustee shall furnish to Applicable Certificateholders of
record on such date a statement setting forth (x) the expected Pool Factors
for each subsequent Regular Distribution Date and (y) the expected principal
distribution schedule of the Equipment Notes, in the aggregate, held as Trust
Property at the date of such notice. With respect to the Applicable
Certificates registered in the name of DTC, on the Cut-off Date, the Trustee
will request from DTC a securities position listing setting forth the names of
all direct participants reflected on its books as holding interests in the
Applicable Certificates on such date. The Trustee will mail to each direct
participant the statement described above and will make available additional
copies as requested by such direct participant for forwarding to holders of
interests in the Applicable Certificates. Notwithstanding the foregoing, so
long as any of the Applicable Certificates are listed on the Luxembourg Stock
Exchange, all information and documents required to be delivered pursuant to
this Section 6.02 (other than Section 6.02(b)) shall also be provided to the

                                      17
<PAGE>

Luxembourg Paying Agent and made available at the Luxembourg Paying Agent's
offices in Luxembourg, free of charge.

               (d) Unless and until required otherwise by applicable
authority, the Trustee shall treat the Applicable Trust as a "grantor trust"
under Subpart E, Part I, Subchapter J of Chapter 1 of the Code, and shall file
annually with the Internal Revenue Service Form 1041, indicating the name and
address of the Applicable Trust and otherwise completed in blank, with
attached statements identifying each Applicable Certificateholder and its pro
rata share of the income and expenses of the Applicable Trust for the
applicable portion of the preceding calendar year, on the cash or accrual
method, as the case may be, and shall furnish each Applicable
Certificateholder with a copy of its statement at the time and in the manner
required by the Code.

               (e) This Section 6.02 supersedes and replaces Section 4.03 of
the Basic Agreement.

                                 ARTICLE VII
                                    DEFAULT

               Section 7.01. Purchase Rights of Certificateholders. By
acceptance of its Applicable Certificate, each Applicable Certificateholder
agrees that, after the occurrence and during the continuation of a Triggering
Event,

               (a) subject to Section 7.01(d) below, the Applicable
          Certificateholders shall have the right (which shall not expire upon
          any purchase of the Class G-1 Certificates and the Class G-2
          Certificates pursuant to the Class G-1 Trust Agreement or the Class
          G-2 Trust Agreement) to purchase all, but not less than all, of the
          Class G-1 Certificates and the Class G-2 Certificates upon ten days'
          prior written notice to the Class G-1 Trustee, the Class G-2
          Trustee, each other Applicable Certificateholder and the Class C-1
          Certificateholders; provided that if any Class C-1
          Certificateholders also wish to purchase the Class G-1 Certificates
          and the Class G-2 Certificates, then whichever of Class C-1 or Class
          C-2 shall have the larger Pool Balance of Certificates outstanding
          at such time (such Class, the "Larger C Class", the related
          Certificates, the "Larger C Class Certificates" and the related
          Trust, the "Larger C Class Trust"; such other Class, the "Smaller C
          Class", the related Certificates, the "Smaller C Class Certificates"
          and the related Trust, the "Smaller C Class Trust") shall have such
          right; provided, further, that (i) if prior to the end of such
          ten-day period any other Larger C Class Certificateholder notifies
          such purchasing Larger C Class Certificateholder that such other
          Larger C Class Certificateholder wants to participate in such
          purchase, then such other Larger C Class Certificateholder may join
          with the purchasing Larger C Class Certificateholder to purchase
          all, but not less than all, of the Class G-1 Certificates and the
          Class G-2 Certificates pro rata based on the fractional undivided
          interest in the Larger C Class Trust held by each such Larger C
          Class Certificateholder and (ii) if prior to the end of such ten-day
          period any other Larger C Class Certificateholder fails to notify
          the purchasing Larger C Class Certificateholder of such other Larger
          C Class Certificateholder's desire to participate in such a
          purchase, then such other Larger C Class Certificateholder shall
          lose its right to purchase the Class G-1 Certificates and the Class
          G-2 Certificates pursuant to this Section 7.01(a); and

                                      18
<PAGE>

               (b) subject to Section 7.01(d) below, if the Class G-1
          Certificates and the Class G-2 Certificates have been purchased by
          the Larger C Class Certificateholders, the Smaller C Class
          Certificateholders shall have the right (which shall not expire upon
          any purchase of the Class G-1 Certificates and the Class G-2
          Certificates pursuant to paragraph (a) above) to purchase all, but
          not less than all, of the Class G-1 Certificates, the Class G-2
          Certificates and the Larger C Class Certificates upon ten days'
          prior written notice to the Class G-1 Trustee, the Class G-2
          Trustee, the Trustee of the Larger C Class and each other Smaller C
          Class Certificateholder, provided that (i) if prior to the end of
          such ten-day period any other Smaller C Class Certificateholder
          notifies such purchasing Smaller C Class Certificateholder that such
          other Smaller C Class Certificateholder wants to participate in such
          purchase, then such other Smaller C Class Certificateholder may join
          with the purchasing Smaller C Class Certificateholder to purchase
          all, but not less than all, of the Class G-1 Certificates, the Class
          G-2 Certificates and the Larger C Class Certificates pro rata based
          on the fractional undivided interest in the Smaller C Class Trust
          held by each such Smaller C Class Certificateholder and (ii) if
          prior to the end of such ten-day period any other Smaller C Class
          Certificateholder fails to notify the purchasing Smaller C Class
          Certificateholder of such other Smaller C Class Certificateholder's
          desire to participate in such a purchase, then such other Smaller C
          Class Certificateholder shall lose its right to purchase the Class
          G-1 Certificates, the Class G-2 Certificates and the Larger C Class
          Certificates pursuant to this Section 7.01(b); and

               (c) subject to Section 7.01(d) below, each Class D
          Certificateholder (other than the Company or any of its Affiliates)
          shall have the right (which shall not expire upon any purchase of
          the Class G-1 Certificates, the Class G-2 Certificates and the
          Applicable Certificates or the Class C-1 Certificates pursuant to
          paragraph (a) or (b) above) to purchase all, but not less than all,
          of the Class G-1 Certificates, the Class G-2 Certificates, the
          Applicable Certificates and the Class C-1 Certificates upon ten
          days' prior written notice to the Class G-1 Trustee, the Class G-2
          Trustee, the Trustee, the Class C-1 Trustee and each other Class D
          Certificateholder, provided that (i) if prior to the end of such
          ten-day period any other Class D Certificateholder (other than the
          Company or any of its Affiliates) notifies such purchasing Class D
          Certificateholder that such other Class D Certificateholder wants to
          participate in such purchase, then such other Class D
          Certificateholder may join with the purchasing Class D
          Certificateholder to purchase all, but not less than all, of the
          Class G-1 Certificates, the Class G-2 Certificates, the Applicable
          Certificates and the Class C-1 Certificates pro rata based on the
          fractional undivided interest in the Class D Trust held by each such
          Class D Certificateholder and (ii) if prior to the end of such
          ten-day period any other Class D Certificateholder fails to notify
          the purchasing Class D Certificateholder of such other Class D
          Certificateholder's desire to participate in such a purchase, then
          such other Class D Certificateholder shall lose its right to
          purchase the Class G-1 Certificates, the Class G-2 Certificates, the
          Applicable Certificates and the Class C-1 Certificates pursuant to
          this Section 7.01(c); and

               (d) whether or not any Certificateholder of any Class has
          exercised its rights pursuant to the foregoing provisions of this
          Section 7.01, the Policy Provider (except in the case of a Policy
          Provider Default), if it is then the Controlling Party, shall have
          the

                                      19
<PAGE>

          right to purchase all, but not less than all, of the Class G-1
          Certificates and the Class G-2 Certificates upon ten days' written
          notice to the Trustee, the Class G-1 Trustee, the Class G-2 Trustee
          and the Class C-1 Trustee and the holders of the Class G-1
          Certificates, the Class G-2 Certificates, the Class C-1 Certificates
          and the Applicable Certificates.

               The purchase price with respect to the Applicable Certificates
shall be equal to the Pool Balance of the Applicable Certificates, together
with accrued and unpaid interest thereon to the date of such purchase, without
premium, but including any other amounts then due and payable to the
Applicable Certificateholders under this Agreement, the Intercreditor
Agreement, the Escrow Agreement or any Note Document or on or in respect of
the Applicable Certificates; provided, however, that (i) if such purchase
occurs after the record date specified in Section 2.3(b) of the Escrow
Agreement relating to the distribution of unused Deposits and accrued and
unpaid interest thereunder, such purchase price shall be reduced by the
aggregate amount of unused Deposits and interest to be distributed under the
Escrow Agreement (which deducted amounts shall remain distributable to, and
may be retained by, the Applicable Certificateholder as of such record date)
and (ii) if such purchase occurs after a Record Date, such purchase price
shall be reduced by the amount to be distributed hereunder on the related
Distribution Date (which deducted amounts shall remain distributable to, and
may be retained by, the Applicable Certificateholder as of such Record Date);
provided further that no such purchase of Applicable Certificates shall be
effective unless the purchaser(s) shall certify to the Trustee that
contemporaneously with such purchase, such purchaser(s) is purchasing,
pursuant to the terms of this Agreement and the Other Agreements, the Class
G-1 Certificates, the Class G-2 Certificates, the Applicable Certificates, and
the Class C-1 Certificates which are senior to the securities held by such
purchaser(s). Each payment of the purchase price of the Applicable
Certificates referred to in the first sentence of this paragraph shall be made
to an account or accounts designated by the Trustee and each such purchase
shall be subject to the terms of this Section 7.01. Each Applicable
Certificateholder agrees by its acceptance of its Applicable Certificate that
it will, subject to Section 3.04 of the Basic Agreement, upon payment from
such Class C-1 Certificateholder(s) or Class D Certificateholder(s), as the
case may be, of the purchase price set forth in the first sentence of this
paragraph, forthwith sell, assign, transfer and convey to the purchaser(s)
thereof (without recourse, representation or warranty of any kind except for
its own acts), all of the right, title, interest and obligation of such
Applicable Certificateholder in this Agreement, the Escrow Agreement, the
Deposit Agreement, the Intercreditor Agreement, each Liquidity Facility, the
Note Documents and all Applicable Certificates and Escrow Receipts held by
such Applicable Certificateholder (excluding all right, title and interest
under any of the foregoing to the extent such right, title or interest is with
respect to an obligation not then due and payable as respects any action or
inaction or state of affairs occurring prior to such sale) and the purchaser
shall assume all of such Applicable Certificateholder's obligations under this
Agreement, the Escrow Agreement, the Deposit Agreement, the Intercreditor
Agreement, each Liquidity Facility, the Note Documents and all such Applicable
Certificates and Escrow Receipts. The Applicable Certificates will be deemed
to be purchased on the date payment of the purchase price is made
notwithstanding the failure of the Applicable Certificateholders to deliver
any Applicable Certificates and, upon such a purchase, (i) the only rights of
the Applicable Certificateholders will be to deliver the Applicable
Certificates to the purchaser(s) and receive the purchase price for such
Applicable Certificates and (ii) if the purchaser(s) shall so request, such
Applicable Certificateholder will comply with all the provisions of Section
3.04 of the Basic Agreement to enable new Applicable Certificates to be issued
to the purchaser in

                                      20
<PAGE>

such denominations as it shall request. All charges and expenses in connection
with the issuance of any such new Applicable Certificates shall be borne by
the purchaser thereof.

               As used in this Section 7.01, the terms "Class G-1
Certificate", "Class G-1 Trust Agreement", "Class G-1 Trustee", "Class G-2
Certificate", "Class G-2 Trust Agreement", "Class G-2 Trustee", "Class C-1
Certificate", "Class C-1 Certificateholder", "Class C-1 Trustee", "Class D
Trust" and "Policy Provider Default" shall have the respective meanings
assigned to such terms in the Intercreditor Agreement.

               (e) This Section 7.01 supersedes and replaces Section 6.01(b)
of the Basic Agreement.

                                 ARTICLE VIII
                           MISCELLANEOUS PROVISIONS

               Section 8.01. Basic Agreement Ratified. Except and so far as
herein expressly provided, all of the provisions, terms and conditions of the
Basic Agreement are in all respects ratified and confirmed; and the Basic
Agreement and this Trust Supplement shall be taken, read and construed as one
and the same instrument.

               Section 8.02. GOVERNING LAW. THIS TRUST SUPPLEMENT AND THE
SERIES 2002-1C-2 CERTIFICATES SHALL BE GOVERNED BY AND CONSTRUED IN ACCORDANCE
WITH THE LAW OF THE STATE OF NEW YORK.

               Section 8.03. Execution in Counterparts. This Trust Supplement
may be executed in any number of counterparts, each of which shall be an
original, but such counterparts shall together constitute but one and the same
instrument.

               Section 8.04. Notices. The Trustee agrees, in addition to the
agreements contained in Section 12.04 of the Basic Agreement, that notices to
the Applicable Certificateholders in respect of the Applicable Certificates
regarding (i) a Special Distribution Date pursuant to Section 4.02(c) of the
Basic Agreement, (ii) the final distribution pursuant to Section 8.01(a) of
this Trust Supplement, (iii) a default pursuant to Section 7.01 of the Basic
Agreement or (iv) the appointment of a successor Luxembourg Paying Agent
pursuant to Section 6.08 of this Trust Supplement, shall, so long as any of
the Applicable Certificates are listed on the Luxembourg Stock Exchange and
the rules of the Luxembourg Stock Exchange so require, promptly after such
mailing also to be published in the Luxemburger Wort or in another daily
newspaper having general circulation in Luxembourg (or, if not practical in
Luxembourg, elsewhere in Europe.)

                                      21
<PAGE>

               IN WITNESS WHEREOF, the Guarantor, the Company and the Trustee
have caused this Trust Supplement to be duly executed by their respective
officers thereto duly authorized, as of the day and year first written above.

                                         NORTHWEST AIRLINES, INC.

                                         By:   /s/ Daniel B. Matthews
                                            -----------------------------
                                            Name:   Daniel B. Matthews
                                            Title:  Senior Vice President &
                                                    Treasurer

                                         NORTHWEST AIRLINES CORPORATION,
                                          as Guarantor

                                         By:   /s/ Daniel B. Matthews
                                            -----------------------------
                                            Name:   Daniel B. Matthews
                                            Title:  Senior Vice President &
                                                    Treasurer

                                         STATE STREET BANK AND TRUST
                                         COMPANY OF CONNECTICUT, NATIONAL
                                         ASSOCIATION, as Trustee

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

                                      22
<PAGE>

               IN WITNESS WHEREOF, the Guarantor, the Company and the Trustee
have caused this Trust Supplement to be duly executed by their respective
officers thereto duly authorized, as of the day and year first written above.

                                         NORTHWEST AIRLINES, INC.

                                         By:_______________________________
                                            Name:
                                            Title:

                                         NORTHWEST AIRLINES CORPORATION,
                                          as Guarantor

                                         By:_______________________________
                                            Name:
                                            Title:

                                         STATE STREET BANK AND TRUST
                                         COMPANY OF CONNECTICUT, NATIONAL
                                         ASSOCIATION, as Trustee

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

                                      22
<PAGE>

                                   EXHIBIT A

                              FORM OF CERTIFICATE

               [[Insert if DTC Certificate:] Unless this certificate is
presented by an authorized representative of The Depository Trust Company, a
New York corporation ("DTC"), to Issuer or its agent for registration of
transfer, exchange or payment, and any certificate issued is registered in the
name of Cede & Co. or in such other name as is requested by an authorized
representative of DTC (and any payment is made to Cede & Co. or to such other
entity as is requested by an authorized representative of DTC), ANY TRANSFER,
PLEDGE OR OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY PERSON IS
WRONGFUL inasmuch the registered owner hereof, Cede & Co., has an interest
herein.]

               Any person acquiring this Certificate by its acceptance hereof
or its interest herein, will be deemed to represent and warrant to and for the
benefit of each Owner Participant and the Company that either (i) the assets
of an employee benefit plan subject to Title I of the Employee Retirement
Income Security Act of 1974, as amended ("ERISA"), of a plan subject to
Section 4975 of the Internal Revenue Code of 1986, as amended (the "Code"), of
entities which may be deemed to hold such plans' assets, or of another
employee benefit plan not subject to ERISA or Section 4975 of the Code (such
as a governmental, church or non-U.S. plan) have not been used to purchase
this Certificate or (ii) one or more prohibited transaction statutory or
administrative exemptions applies such that the use of such plan assets to
purchase and hold this Certificate will not constitute a non-exempt prohibited
transaction under ERISA or Section 4975 of the Code or a violation under any
federal, state or local law that is substantially similar to the provisions of
Title I of ERISA or Section 4975 of the Code.

                NORTHWEST AIRLINES 2002-1C-2 PASS THROUGH TRUST

                                 Pass Through
                         Certificate, Series 2002-1C-2

                        Issuance Date: ______ __, 2002

                Final Legal Distribution Date: _______ __, 20__

          Evidencing A Fractional Undivided Interest In The Northwest Airlines
          2002-1C-2 Pass Through Trust, The Property Of Which Includes Certain
          Equipment Notes Each Secured By An Aircraft Leased To Or Owned By
          Northwest Airlines, Inc.

Certificate         $________ Fractional undivided interest representing 0.__%
No. _____           of the Trust per $1,000 of Reference Principal Amount

               THIS CERTIFIES THAT _______________, for value received, is the
registered owner of a Fractional Undivided Interest in the amount of $_______
(the "Reference Principal Amount") in the Northwest Airlines 2002-1C-2 Pass
Through Trust (the "Trust") created by State Street Bank and Trust Company of
Connecticut, National Association, as trustee (the "Trustee"), pursuant to a
Pass Through Trust Agreement, dated as of June 3, 1999 (as amended or
supplemented, the "Basic Agreement"), by and among the Trustee, Northwest
Airlines

<PAGE>

Corporation, a Delaware corporation (the "Guarantor"), and Northwest Airlines,
Inc., a Minnesota corporation (the "Company"), as supplemented by Trust
Supplement No. 2002-1C-2 thereto, dated as of _____ __, 2002 (collectively,
the "Agreement"), by and among the Trustee, the Guarantor and the Company, a
summary of certain of the pertinent provisions of which is set forth below. To
the extent not otherwise defined herein, the capitalized terms used herein
have the meanings assigned to them in the Agreement. This Certificate is one
of the duly authorized Certificates designated as "Pass Through Certificates,
Series 2002-1C-2" (herein called the "Certificates"). This Certificate is
issued under and is subject to the terms, provisions and conditions of the
Agreement and the Intercreditor Agreement, to which Agreement the
Certificateholder of this Certificate by virtue of the acceptance hereof
assents and by which such Certificateholder is bound. The property of the
Trust includes certain Equipment Notes and all rights of the Trust to receive
payments under the Intercreditor Agreement and the Primary Liquidity Facility
(the "Trust Property"). Each issue of the Equipment Notes is secured by a
security interest in the related Aircraft leased to or owned by the Company.

               Each of the Certificates represents a Fractional Undivided
Interest in the Trust and the Trust Property and has no rights, benefits or
interest in respect of any other separate trust established pursuant to the
terms of the Basic Agreement for any other series of certificates issued
pursuant thereto.

               Subject to and in accordance with the terms of the Agreement
and the Intercreditor Agreement, from funds then available to the Trustee,
there will be distributed on each February 20, May 20, August 20 and November
20 (a "Regular Distribution Date"), commencing on August 20, 2002 to the
Person in whose name this Certificate is registered at the close of business
on the 15th day preceding the Regular Distribution Date, an amount in respect
of the Scheduled Payments on the Equipment Notes due on such Regular
Distribution Date, the receipt of which has been confirmed by the Trustee,
equal to the product of the percentage interest in the Trust evidenced by this
Certificate and an amount equal to the sum of such Scheduled Payments. Subject
to and in accordance with the terms of the Agreement and the Intercreditor
Agreement, in the event that Special Payments on the Equipment Notes are
received by the Trustee, from funds then available to the Trustee, there shall
be distributed on the applicable Special Distribution Date, to the Person in
whose name this Certificate is registered at the close of business on the 15th
day preceding the Special Distribution Date, an amount in respect of such
Special Payments on the Equipment Notes, the receipt of which has been
confirmed by the Trustee, equal to the product of the percentage interest in
the Trust evidenced by this Certificate and an amount equal to the sum of such
Special Payments so received. If a Regular Distribution Date or Special
Distribution Date is not a Business Day, distribution shall be made on the
immediately following Business Day with the same force and effect as if made
on such Regular Distribution Date or Special Distribution Date and no interest
shall accrue during the intervening period. The Trustee shall mail notice of
each Special Payment and the Special Distribution Date therefor to the
Certificateholder of this Certificate.

               Distributions on this Certificate will be made by the Trustee
by check mailed to the Person entitled thereto, without the presentation or
surrender of this Certificate or the making of any notation hereon, except
that with respect to Certificates registered on the Record Date in the name of
DTC (or its nominees), such distribution shall be made by wire transfer.
Except as otherwise provided in the Agreement and notwithstanding the above,
the final distribution on this

                                      2
<PAGE>

Certificate will be made after notice mailed by the Trustee of the pendency of
such distribution and only upon presentation and surrender of this Certificate
at the office or agency of the Trustee specified in such notice.

               The Certificates do not represent an obligation of, or an
obligation guaranteed by, or an interest in, the Guarantor, the Company or the
Trustee or any affiliate thereof. The Certificates are limited in right or
payment, all as more specifically set forth herein and in the Agreement. All
payments or distributions made to Certificateholders under the Agreement shall
be made only from the Trust Property and only to the extent that the Trustee
shall have sufficient income or proceeds from the Trust Property to make such
payments in accordance with the terms of the Agreement. Each Certificateholder
of this Certificate, by its acceptance hereof, agrees that it will look solely
to the income and proceeds from the Trust Property to the extent available for
distribution to such Certificateholder as provided in the Agreement. This
Certificate does not purport to summarize the Agreement and reference is made
to the Agreement for information with respect to the interests, rights,
benefits, obligations, proceeds, and duties evidenced hereby. A copy of the
Agreement may be examined during normal business hours at the principal office
of the Trustee, and at such other places, if any, designated by the Trustee,
by any Certificateholder upon request.

               The Agreement permits, with certain exceptions therein
provided, the amendment thereof and the modification of the rights and
obligations of the Guarantor or the Company and the rights of the
Certificateholders under the Agreement at any time by the Guarantor, the
Company and the Trustee with the consent of the Certificateholders holding
Certificates evidencing Fractional Undivided Interests aggregating not less
than a majority in interest in the Trust. Any such consent by the
Certificateholder of this Certificate shall be conclusive and binding on such
Certificateholder and upon all future Certificateholders of this Certificate
and of any Certificate issued upon the transfer hereof or in exchange hereof
or in lieu hereof whether or not notation of such consent is made upon this
Certificate. The Agreement also permits the amendment thereof, in certain
limited circumstances, without the consent of the Certificateholders of any of
the Certificates.

               As provided in the Agreement and subject to certain limitations
set forth, the transfer of this Certificate is registrable in the Register
upon surrender of this Certificate for registration of transfer at the offices
or agencies maintained by the Trustee in its capacity as Registrar, or by any
successor Registrar, duly endorsed or accompanied by a written instrument of
transfer in form satisfactory to the Trustee and the Registrar duly executed
by the Certificateholder hereof or such Certificateholder's attorney duly
authorized in writing, and thereupon one or more new Certificates of
authorized denominations evidencing the same aggregate Fractional Undivided
Interest in the Trust will be issued to the designated transferee or
transferees.

               The Certificates are issuable only as registered Certificates
without coupons in minimum denominations of $1,000 Fractional Undivided
Interests and integral multiples thereof. As provided in the Agreement and
subject to certain limitations therein set forth, the Certificates are
exchangeable for new Certificates of authorized denominations evidencing the
same aggregate Fractional Undivided Interest in the Trust, as requested by the
Certificateholder surrendering the same.

                                      3
<PAGE>

               So long as any of the Certificates are listed on the Luxembourg
Stock Exchange and the rules of that stock exchange so require, notices to the
Certificateholders shall be given by publication in a daily newspaper having
general circulation in Luxembourg (which is expected to be the Luxemburger
Wort).

               No service charge will be made for any such registration of
transfer or exchange, but the Trustee shall require payment of a sum
sufficient to cover any tax or governmental charge payable in connection
therewith.

               Each Certificateholder or beneficial owner of a Certificate, by
its acceptance of this Certificate or a beneficial interest herein, agrees to
treat the Trust as a grantor trust for all U.S. federal, state and local
income tax purposes.

               The Trustee, the Registrar, and any agent of the Trustee or the
Registrar may treat the person in whose name this Certificate is registered as
the owner hereof for all purposes, and neither the Trustee, the Registrar, nor
any such agent shall be affected by any notice to the contrary.

               The obligations and responsibilities created by the Agreement
and the Trust created thereby shall terminate upon the distribution to
Certificateholders of all amounts required to be distributed to them pursuant
to the Agreement and the disposition of all property held as part of the Trust
Property.

               THE AGREEMENT AND THIS CERTIFICATE SHALL BE GOVERNED BY AND
CONSTRUED IN ACCORDANCE WITH THE LAW OF THE STATE OF NEW YORK.

               Unless the certificate of authentication hereon has been
executed by the Trustee, by manual signature, this Certificate shall not be
entitled to any benefit under the Agreement or be valid for any purpose.

               IN WITNESS WHEREOF, the Trustee has caused this Certificate to
be duly executed.

                                             NORTHWEST AIRLINES 2002-1C-2
                                              PASS THROUGH TRUST

                                             By:  STATE STREET BANK AND TRUST
                                                    COMPANY OF CONNECTICUT,
                                                    NATIONAL ASSOCIATION, as
                                                    Trustee

                                                  By:  ________________________
                                                       Name:
                                                       Title:

                                      4
<PAGE>

              FORM OF THE TRUSTEE'S CERTIFICATE OF AUTHENTICATION

               This is one of the Certificates referred to in the
within-mentioned Agreement.

STATE STREET BANK AND TRUST
  COMPANY OF CONNECTICUT,
  NATIONAL ASSOCIATION,
  as Trustee

By:  _________________________
     Name:
     Title:

                                      5
<PAGE>

                                   EXHIBIT B

                         DTC Letter of Representations

<PAGE>

                                   EXHIBIT C

                          REGULAR DISTRIBUTION DATES
                                      AND
                              SCHEDULED PAYMENTS

     Regular Distribution Date                           Scheduled Payment
     -------------------------                           -----------------Exhibit 4(c)(1)
                                                                EXECUTION COPY

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

                          REVOLVING CREDIT AGREEMENT
                                 (2002-1 G-1)

                          Dated as of August 5, 2002

                                    between

                      STATE STREET BANK AND TRUST COMPANY

                            as Subordination Agent,

                                  as Borrower

                                      and

             WESTDEUTSCHE LANDESBANK GIROZENTRALE, NEW YORK BRANCH

                         as Primary Liquidity Provider

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

                                  Relating to

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

<PAGE>

                               TABLE OF CONTENTS

                                                                          Page

ARTICLE I DEFINITIONS 1

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

                                      i
<PAGE>

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

                                      ii
<PAGE>

ANNEXES

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

                                     iii
<PAGE>

                    REVOLVING CREDIT AGREEMENT (2002-1 G-1)

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

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

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

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

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

                                   ARTICLE I

                                  DEFINITIONS

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

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

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

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

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

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

<PAGE>

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

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

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

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

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

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

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

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

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

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

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

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

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

                                      2
<PAGE>

          "Downgrade Event" means a downgrading of the Primary Liquidity
     Provider's short-term rating issued by any Rating Agency below the
     applicable Threshold Rating unless each Rating Agency shall have
     confirmed in writing on or prior to the date of such downgrading that
     such downgrading will not result in the downgrading, withdrawal or
     suspension of the ratings of the Class G-1 Certificates (without regard
     to the Policies), in which case, such downgrading of the Primary
     Liquidity Provider's short-term rating shall not constitute a Downgrade
     Event.

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

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

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

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

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

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

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

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

                                      3
<PAGE>

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

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

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

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

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

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

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

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

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

                                      4
<PAGE>

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

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

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

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

          "Maximum Commitment" means (i) in the case of any day occurring
     before the first Regular Distribution Date, $80,004,501.04 and (ii) in
     the case of any day occurring on or after the first Regular Distribution
     Date, the Required Amount on such day.

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

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

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

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

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

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

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

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

                                      5
<PAGE>

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

          "Required Amount" means, for any day, the sum of the aggregate
     amount of interest, calculated at the rate per annum equal to the Capped
     Interest Rate for the Class G-1 Certificates, that would be payable on
     the Class G-1 Certificates on each of the six successive Regular
     Distribution Dates immediately following such day or, if such day is a
     Regular Distribution Date, on such day and the succeeding five Regular
     Distribution Dates, in each case calculated on the basis of the Pool
     Balance of the Class G-1 Certificates on such day and without regard to
     expected future payments of principal on the Class G-1 Certificates.
     Notwithstanding the above, in the event of a Policy Provider Election,
     the Pool Balance, for purposes of this definition, shall be deemed to be
     reduced by an amount (if positive) by which (a) the then outstanding
     principal balance of the Series G-1 Equipment Note in respect of which
     the Policy Provider Election has been made shall exceed (b) the amount of
     any policy drawings previously paid by the Policy Provider in respect of
     principal on such Series G-1 Equipment Note.

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

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

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

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

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

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

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

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

                                      6
<PAGE>

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

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

                                  ARTICLE II

                      AMOUNT AND TERMS OF THE COMMITMENT

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

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

                                      7
<PAGE>

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

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

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

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

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

                                      8
<PAGE>

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

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

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

          Section 2.04. Reduction or Termination of the Maximum Commitment.

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

                                      9
<PAGE>

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

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

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

                                      10
<PAGE>

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

          (b) At any time when an Applied Provider Advance (or any portion
thereof) is outstanding, upon the deposit in the Class G-1 Primary Cash
Collateral Account of any amount pursuant to clause "third" of Section 2.4(b)
of the Intercreditor Agreement, clause "third" of Section 3.2 of the
Intercreditor Agreement or clause "fourth" of Section 3.3 of the Intercreditor
Agreement (any such amount being a "Replenishment Amount") for the purpose of
replenishing or increasing the balance thereof up to the Required Amount at
such time, (i) the aggregate outstanding principal amount of all Applied
Provider Advances (and of Provider Advances treated as an Interest Advance for
purposes of determining the Applicable Liquidity Rate for interest payable
thereon) shall be automatically reduced by the amount of such Replenishment
Amount and (ii) the aggregate outstanding principal amount of all Unapplied
Provider Advances shall be automatically increased by the amount of such
Replenishment Amount.

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

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

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

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

                                      11
<PAGE>

Borrower shall have sufficient income or proceeds therefrom to enable the
Borrower to make payments in accordance with the terms hereof after giving
effect to the priority of payments provisions set forth in the Intercreditor
Agreement. The Primary Liquidity Provider agrees that it will look solely to
such amounts to the extent available for distribution to it as provided in the
Intercreditor Agreement and this Agreement and that the Borrower, in its
individual capacity, is not personally liable to it for any amounts payable or
liability under this Agreement except as expressly provided in this Agreement,
the Intercreditor Agreement or any Participation Agreement. Amounts on deposit
in the Class G-1 Primary Cash Collateral Account shall be available to the
Borrower to make payments under this Agreement only to the extent and for the
purposes expressly contemplated in Section 3.6(f) of the Intercreditor
Agreement.

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

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

                                      12
<PAGE>

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

                                 ARTICLE III

                          OBLIGATIONS OF THE BORROWER

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

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

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

                                      13
<PAGE>

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

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

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

                                      14
<PAGE>

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

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

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

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

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

                                      15
<PAGE>

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

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

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

                                      16
<PAGE>

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

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

          (e) [RESERVED]

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

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

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

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

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

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

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

                                      17
<PAGE>

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

                                  ARTICLE IV

                             CONDITIONS PRECEDENT

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

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

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

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

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

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

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

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

                                      18
<PAGE>

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

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

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

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

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

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

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

                                      19
<PAGE>

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

                                  ARTICLE V

                                  COVENANTS

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

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

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

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

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

                                      20
<PAGE>

                                  ARTICLE VI

                          LIQUIDITY EVENTS OF DEFAULT

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

                                 ARTICLE VII

                                MISCELLANEOUS

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

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

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

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

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

                             with a copy of any Notice of Borrowing to:

                                      21
<PAGE>

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

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

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

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

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

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

                                      22
<PAGE>

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

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

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

          Section 7.07. Costs, Expenses and Taxes. The Borrower agrees to pay,
or cause to be paid (A) on the Effective Date and on such later date or dates
on which the Primary Liquidity Provider shall make demand, all reasonable
out-of-pocket costs and expenses (including, without limitation, the
reasonable fees and expenses of outside counsel for the Primary Liquidity
Provider) of the Primary Liquidity Provider in connection with the
preparation, negotiation, execution, delivery, filing and recording of this
Agreement, any other Operative Agreement and any other documents which may be
delivered in connection with this Agreement and (B) on demand, all reasonable
costs and expenses (including reasonable counsel fees and expenses) of the
Primary Liquidity Provider in connection with (i) the enforcement of this
Agreement or any other Operative Agreement, (ii) the modification or amendment
of, or supplement to, this Agreement or any other Operative Agreement or such
other documents which may be delivered in connection herewith or therewith
(whether or not the same shall become

                                      23
<PAGE>

effective) or (iii) any action or proceeding relating to any order,
injunction, or other process or decree restraining or seeking to restrain the
Primary Liquidity Provider from paying any amount under this Agreement, the
Intercreditor Agreement or any other Operative Agreement or otherwise
affecting the application of funds in the Class G-1 Primary Cash Collateral
Account. In addition, the Borrower shall pay any and all recording, stamp and
other similar taxes and fees payable or determined to be payable in connection
with the execution, delivery, filing and recording of this Agreement, any
other Operative Agreement and such other documents, and agrees to save the
Primary Liquidity Provider harmless from and against any and all liabilities
with respect to or resulting from any delay in paying or omission to pay such
taxes or fees.

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

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

                                      24
<PAGE>

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

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

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

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

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

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

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

                                      25
<PAGE>

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

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

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

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

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

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

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

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

                                      26
<PAGE>

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

                                      27
<PAGE>

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

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

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

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

                              By:
                                 _______________________________________
                                 Name:
                                 Title:

                              By:
                                 _______________________________________
                                 Name:
                                 Title:

                                      28
<PAGE>

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

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

                              By:
                                 _______________________________________
                                 Name:
                                 Title:

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

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

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

                                      28
<PAGE>

                                                                    Annex I to
                                                    Revolving Credit Agreement

                     INTEREST ADVANCE NOTICE OF BORROWING

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

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

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

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

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

                                     I-1
<PAGE>

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

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

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

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

                                          By:_________________________________
                                             Name:
                                             Title:

                                     I-2
<PAGE>

              SCHEDULE I TO INTEREST ADVANCE NOTICE OF BORROWING

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

                                     I-3
<PAGE>

                                                                  Annex II to
                                                   Revolving Credit Agreement

                   NON-EXTENSION ADVANCE NOTICE OF BORROWING

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

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

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

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

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

                                     II-1
<PAGE>

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

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

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

                                     By:_______________________________________
                                        Name:
                                        Title:

                                     II-2
<PAGE>

            SCHEDULE I TO NON-EXTENSION ADVANCE NOTICE OF BORROWING

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

                                     II-3
<PAGE>

                                                                   Annex III to
                                                     Revolving Credit Agreement

                     DOWNGRADE ADVANCE NOTICE OF BORROWING

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

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

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

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

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

                                    III-1
<PAGE>

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

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

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

                                    By:_______________________________________
                                       Name:
                                       Title:

                                    III-2
<PAGE>

              SCHEDULE I TO DOWNGRADE ADVANCE NOTICE OF BORROWING

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

                                    III-3
<PAGE>

                                                                   Annex IV to
                                                    Revolving Credit Agreement

                       FINAL ADVANCE NOTICE OF BORROWING

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

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

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

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

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

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

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

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

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

                                     By:_______________________________________
                                        Name:
                                        Title:

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

                                     IV-2
<PAGE>

                SCHEDULE I TO FINAL ADVANCE NOTICE OF BORROWING

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

                                     IV-3
<PAGE>

                                                                     Annex V to
                                                     Revolving Credit Agreement

                             NOTICE OF TERMINATION

                                                       [Date]

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

Attention:  Corporate Trust Administration

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

Ladies and Gentlemen:

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

                                     V-1
<PAGE>

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

                                    Very truly yours,

                                    WESTDEUTSCHE LANDESBANK
                                    GIROZENTRALE, NEW YORK BRANCH as
                                    Primary Liquidity Provider

                                    By:______________________________________
                                       Name:
                                       Title:

                                    By:_______________________________________
                                       Name:
                                       Title:

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

                                     V-2
<PAGE>

                                                                    Annex VI to
                                                     Revolving Credit Agreement

                   NOTICE OF REPLACEMENT SUBORDINATION AGENT

[Date]

Attention:

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

Ladies and Gentlemen:

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

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

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

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

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

                                     VI-1
<PAGE>

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

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

                                     By:______________________________________
                                        Name:
                                        Title:

                                     VI-2

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