SERVICER OF SUCH CHANGES.
THE PARTIES TO THIS SUPPLEMENT HEREBY
ACKNOWLEDGE AND AGREE THAT THE SERIES 2000-1 CP RATE DETERMINED WITH RESPECT TO
ANY SERIES 2000-1 CP TRANCHE
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REPRESENTS AN ESTIMATE OF THE EXPECTED CP RATE THAT WOULD APPLY TO THE FUNDING
OF SUCH SERIES 2000-1 CP TRANCHE FOR THE RELEVANT SERIES 2000-1 CP RATE PERIOD.
AT LEAST TWO (2) BUSINESS DAYS PRIOR TO THE LAST DAY OF THE ACCRUAL PERIOD, THE
RELATED FUNDING AGENT SHALL NOTIFY THE TRUSTEE AND THE MASTER SERVICER OF THE
ACTUAL CP RATE AND CORRESPONDING CP COSTS FOR THE ACCRUAL PERIOD THEN ENDING.
(IV)
FOLLOWING ANY CHANGE IN THE AMOUNT OF ANY
SERIES 2000-1 EURODOLLAR TRANCHE, SERIES 2000-1 CP TRANCHE OR SERIES 2000-1
FLOATING TRANCHE OR THE SERIES 2001-1 U.S. DOLLAR CERTIFICATE RATE OR
SERIES 2000-1 EURO CERTIFICATE RATE WHICH APPLIES TO ALL OR ANY PORTION THEREOF
DURING AN ACCRUAL PERIOD:
(A)
THE SERIES 2000-1 U.S. DOLLAR MONTHLY INTEREST
OR SERIES 2000-1 EURO MONTHLY INTEREST (AS APPLICABLE) SHALL BE CALCULATED WITH
RESPECT TO SUCH CHANGED AMOUNT AND/OR CHANGED RATE FOR THE NUMBER OF DAYS IN THE
ACCRUAL PERIOD DURING WHICH SUCH CHANGED AMOUNT IS OUTSTANDING AND/OR CHANGED
RATE IS APPLICABLE; AND
(B)
THE MASTER SERVICER SHALL AMEND THE MONTHLY
SETTLEMENT REPORT TO REFLECT THE ADJUSTMENT IN THE SERIES 2000-1 U.S. DOLLAR
MONTHLY INTEREST OR SERIES 2000-1 EURO MONTHLY INTEREST FOR SUCH ACCRUAL PERIOD
CAUSED BY SUCH CHANGE AND ANY CONSEQUENT ADJUSTMENTS AND THE MASTER SERVICER
SHALL ALSO PROVIDE WRITTEN NOTIFICATION TO THE TRUSTEE OF ANY SUCH CHANGE IN THE
SERIES 2000-1 U.S. DOLLAR CERTIFICATE RATE OR THE SERIES 2000-1 EURO CERTIFICATE
RATE.
(C)
ANY AMENDMENT TO THE MONTHLY SETTLEMENT
REPORT PURSUANT TO THIS SECTION 3A.04(A)(IV) SHALL BE COMPLETED BY 1:00 P.M.
LONDON TIME, ON THE NEXT SETTLEMENT REPORT DATE.
(B)
(I)
ON
EACH DISTRIBUTION DATE, THE MASTER SERVICER SHALL DETERMINE THE EXCESS, IF ANY
(THE "SERIES 2000-1 U.S. DOLLAR INTEREST SHORTFALL"), OF (I) THE AGGREGATE
SERIES 2000-1 U.S. DOLLAR MONTHLY INTEREST DISTRIBUTION FOR THE ACCRUAL PERIOD
ENDING ON SUCH DISTRIBUTION DATE OVER (II) THE SUM OF (A) THE AMOUNT THAT WILL
BE AVAILABLE TO BE DISTRIBUTED TO THE SERIES 2000-1 PURCHASERS ON SUCH
DISTRIBUTION DATE IN RESPECT THEREOF PURSUANT TO SECTIONS 3A.03 AND 3A.06(A) AND
(B) THE AMOUNT OF ANY SERVICER ADVANCES MADE BY THE MASTER SERVICER PURSUANT TO
SECTION 2.06 OF THE SERVICING AGREEMENT AND SECTION 3A.02(D).
IF THE
SERIES 2000-1 U.S. DOLLAR INTEREST SHORTFALL WITH RESPECT TO ANY DISTRIBUTION
DATE IS GREATER THAN ZERO, AN ADDITIONAL AMOUNT ("SERIES 2000-1 U.S. DOLLAR
ADDITIONAL INTEREST") EQUAL TO THE PRODUCT OF (A) THE NUMBER OF DAYS UNTIL SUCH
SERIES 2000-1 U.S. DOLLAR INTEREST SHORTFALL SHALL BE REPAID DIVIDED BY 365 (OR
366, AS THE CASE MAY BE), (B) THE ABR PLUS 2.0% AND (C) SUCH SERIES 2000-1 U.S.
DOLLAR INTEREST SHORTFALL THAT HAS NOT BEEN PAID TO THE SERIES 2000-1 PURCHASERS
SHALL BE PAYABLE AS PROVIDED HEREIN WITH RESPECT TO THE SERIES 2000-1 U.S.
DOLLAR VFC CERTIFICATES ON EACH DISTRIBUTION DATE
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FOLLOWING