AMENDMENT NO. 1 TO
REVOLVING CREDIT AND TERM LOAN
AND SECURITY AGREEMENT
This Amendment No. 1 is entered into as of June 19, 1995,
between TL LEASE FUNDING CORP. IV, a Delaware corporation (the
"Company"), and FIRST UNION NATIONAL BANK OF NORTH CAROLINA ("First
Union").
The parties hereto are the parties to a Revolving Credit
and Term Loan and Security Agreement, dated as of April 18, 1995
(the "Credit Agreement"), and desire to increase the maximum amount
of loans which may be made thereunder from $60,000,000 to
$80,000,000. All capitalized terms used herein shall have the same
meanings as in the Credit Agreement.
NOW THEREFORE, in consideration of the foregoing premises
and the agreements hereinafter set forth, and for the good and
valuable consideration the receipt and sufficiency of which is
hereby acknowledged, the parties hereto agree as follows:
1. Amendments. (a) Recital A of the Credit Agreement
is hereby amended by substituting the figure $80,000,000 for the
figure $60,000,000 therein and (b) Section 1.1 of the Credit
Agreement is hereby amended by substituting the figure $80,000,000
for the figure $60,000,000 in the definition of Loan Commitment
Amount.
2. No Further Amendment. Except as set forth above,
the Credit Agreement shall continue in full force and effect
without modification.
3. Effectiveness; Note. This Amendment shall become
effective upon the execution and delivery by the Company of a
substitute promissory note reflecting this Amendment.
IN WITNESS WHEREOF, the parties have caused this
Amendment to be executed by their respective officers thereunto
duly authorized as of the date first written above.
TL LEASE FUNDING CORP. IV
By:_____________________________________
Title:___________________________________
FIRST UNION NATIONAL BANK OF NORTH
CAROLINA
By:______________________________________
Title:____________________________________
