As compensation for the performance of its obligations under the 2017-3 Servicing Agreement, on each Payment Date the Servicer shall be entitled to receive a fee for its performance during the immediately preceding Collection Period or, with respect to the first Payment Date, the period from and excluding the Cutoff Date to and including June 30, 2017 (the “ Designated Pool Servicing Fee ”) in accordance with Article V of the 2017-3 Exchange Note Supplement in an amount equal the sum of (x) to the product of (i) one-twelfth (1/12 th ) (or, with respect to the first Payment Date, a fraction equal to the number of days from and excluding the Cutoff Date through and including June 30, 2017, over 360), times (ii) the Servicing Fee Rate, times (iii) the Aggregate Securitization Value as of the opening of business on the first day of such Collection Period, plus (y) any Administrative Charges collected on the 2017-3 Lease Agreements and 2017-3 Leased Vehicles and any other expenses reimbursable to the Servicer.