Common use of Amendment to Section 2.01(a) Clause in Contracts

Amendment to Section 2.01(a). Section 2.01 (a) is amended by deleting the second sentence of that section and inserting the following as the second and third sentences thereof: Effective as of July 20, 2001, the Seller hereby sells, transfers, assigns and otherwise conveys to the Trust for the benefit of the Certificateholders, without recourse, all right, title and interest of the Seller in and to Interchange existing as of July 20, 2001 and thereafter created, all monies due or to become due with respect thereto, all proceeds (as defined in Article 9 of the UCC as in effect in the State of New York) of Interchange, if any, relating thereto. In the event that such sale, transfer, assignment or conveyance pursuant to either of the preceding sentences is deemed to create a security interest in the specified property, the Seller does hereby grant to the Trust a security interest therein. V.