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, Sears hereby sells, transfers, assigns and otherwise conveys to SRFG, without recourse, all right, title and interest of Sears 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, Sears confirms that it has granted and does hereby grant to SRFG a security interest therein.

Amendment to Section 2.01(a). Section 2.01(a) is amended by deleting the second third sentence of that section and inserting the following as the second third and third fourth sentences thereof: Effective as of July 20, 2001, Sears hereby sells, transfers, assigns and otherwise conveys to SRFG, without recourse, all right, title and interest of Sears 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, Sears confirms that it has granted and does hereby grant to SRFG a security interest therein. IV.

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, Sears hereby sells, transfers, assigns and otherwise conveys to SRFG, without recourse, all right, title and interest of Sears 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, Sears confirms that it has granted and does hereby grant to SRFG a security interest therein. IV.