LISTING SUPPLEMENT $189000000 Class A-1 Notes $342100000 ...

“10% Pool Balance Distribution Date” means the quarterly distribution date on which
the outstanding aggregate Pool Balance is equal to or less than 10% of the sum of the aggregate
initial trust student loan pool balance plus the aggregate initial principal balance of all additional
student loans.
“TERI Trigger Event” means with respect to the trust student loans on any distribution
date, when the Cumulative Default Rate exceeds 15%; provided, however, that a TERI Trigger
Event will not have occurred if TERI is continuing to pay claims on defaulted trust student loans
that have met the due diligence requirements.
G-4