Xx. Xxxxxxx Xxxx
April 28, 1997
Page 1
ENTERPRISE FUNDING CORPORATION
c/x XXXXXXX XXXXX MONEY MARKETS INC.
World Financial Center - South Tower
000 Xxxxxxx Xxxxxx
Xxx Xxxx, Xxx Xxxx 00000
April 28, 1997
Xx. Xxxxxxx Xxxx
Union Acceptance Funding Corporation
000 Xxxxx Xxxxxxxxx Xxxxxx
Xxxxxxxxxxxx, Xxxxxxx 00000
Dear Xxxxxxx:.
This letter is to confirm our agreement to amend the Transfer and Administration
Agreement between Union Acceptance Corporation (the "Collection Agent"), Union
Acceptance Funding Corporation (the "Transferor") and Enterprise Funding
Corporation (the "Company") dated June 27, 1995 and as amended to date.
The Transfer and Administration Agreement shall be amended as follows:
In Section 1.1, the definition of "Termination Date" shall be amended
so that "June 25, 1997" contained in clause (v) of the definition shall
read "June 25, 1998".
The Transferor hereby represents and warrants that the representations and
warranties of the Transferor set forth in Section 3.1 of the Transfer and
Administration Agreement are true and correct as of the data hereof (except
those representations and warranties set forth therein which specifically relate
to an earlier date).
All other terms and conditions of the Agreement not amended by this letter
agreement shall remain unchanged and in full force and effect.
If this letter correctly sets forth our agreement, please sign the enclosed
duplicate originals and return to Xxxxx Xxxx, NationsBank Investment Banking,
NationsBank Corporate Center, 10th Floor, Charlotte, North Carolina 28255 by May
1, 1997.
Sincerely,
ENTERPRISE FUNDING CORPORATION
By: /s/ X. Xxxxxx Xxxxxx
Name: X. Xxxxxx Xxxxxx
Title: Vice President
Xx. Xxxxxxx Xxxx
April 28, 1997
Page 2
Accepted and Agreed:
UNION ACCEPTANCE FUNDING UNION ACCEPTANCE CORPORATION
CORPORATION as Collection Agent
as Transferor
By: /s/ Xxxxxxx X. Xxxx By: /s/ Xxxx Xxxxxxxxxx
Name: Xxxxxxx X. Xxxx Name: Xxxx Xxxxxxxxxx
Title: Vice President Title: President
Date: 4/29/97 Date: 4/29/97
