Document:

EXHIBIT 4.1(a)

                               AMENDMENT  NO. 1 dated as of September 29,
                               2003 (this  "Amendment")  to the  LOAN AND
                               SECURITY  Agreement  dated  as of June 30,
                               2003 (as the same  may be  further  amended,
                               supplemented  or  otherwise  modified, renewed or
                               replaced  from time to time,  the "Credit
                               Agreement"),  by and between  BELPORT
                               CAPITAL  FUND LLC, a Delaware  limited  liability
                               company  (the   "Borrower")   and  DRKW
                               HOLDINGS,   INC.,  a  Delaware corporation, as
                               lender (the "Lender").

     WHEREAS,  on June 30, 2003,  the  Borrower and the Lender  entered into the
Credit  Agreement  pursuant to which the Lender made available to the Borrower a
term loan in the aggregate principal amount of $221,000,000;

     WHEREAS,  the Borrower has  requested  the Lender to increase the amount of
the term loan by $9,500,000 to an aggregate principal amount of $230,500,000;

     WHEREAS,  the Borrower has requested and the Lender has agreed,  subject to
the terms and conditions of this Amendment,  to amend certain  provisions of the
Credit Agreement, as set forth herein;

     NOW,  THEREFORE,  in  consideration  of the  premises  and  of  the  mutual
agreements herein contained, the parties hereto agree as follows:

     SECTION  1.  Amendments.  Subject  to the  satisfaction  of the  conditions
precedent set forth in Section 3 hereof,  the Credit Agreement is hereby amended
as of the Effective Date (as defined in Section 3 hereof) as follows:

     (A) Article 1 of the Credit  Agreement  is hereby  amended by amending  and
restating the following definitions in their entirety to read as follows:

          "`Loan' shall mean  collectively,  the loans made by the Lender to the
     Borrower under this Agreement pursuant to Section 2.1(i) and any loans made
     by the Lender to the  Borrower  under this  Agreement  pursuant  to Section
     2.1(ii).

          `Overflow  Agreement' shall mean the Loan and Security Agreement dated
     as of June 30, 2003 by and among the Overflow Agent,  the Lenders  referred
     to therein, the Swap Provider and the Borrower, as amended by Amendment No.
     1 dated as of September 29, 2003."

     (B) Section 2.1 of the Credit  Agreement is hereby  amended in its entirety
to read as follows:

<PAGE>
          "2.1 Loan.  The Lender  agrees,  on the terms and conditions set forth
     herein,  (i) to make (x) a Loan to the  Borrower on the Closing  Date in an
     aggregate  principal  amount of $221,000,000 and (y) a Loan to the Borrower
     on September 29, 2003 in an aggregate  principal  amount of $9,500,000  and
     (ii)  concurrently  with any prepayment  made by a Designated  Fund under a
     loan facility  provided by the Lender to such Designated Fund in connection
     with a transfer of assets from such  Designated  Fund to the  Borrower,  to
     make an additional  Loan to the Borrower in an aggregate  principal  amount
     equal to the amount of such prepayment."

     (C) Section  2.2(b) of the Credit  Agreement is hereby  amended by deleting
the  figure  "$221,000,000"  and  inserting  the figure  "$230,500,000"  in lieu
thereof.

     (D) Section 2.4 of the Credit  Agreement is hereby  amended in its entirety
to read as follows:

          "2.4 Interest. Interest shall accrue on the unpaid principal amount of
     the Loan at the  Interest  Rate from and  including  the Closing Date (with
     respect to the loan made pursuant to Section 2.1(i)(x) hereof) or September
     29,  2003 (with  respect  to the loan made  pursuant  to Section  2.1(i)(y)
     hereof),  and in each  case,  to but  excluding  the date of any  principal
     payment  whether upon  acceleration or otherwise.  Interest  accrued on the
     Loan shall be payable on each applicable  Interest  Payment Date and on any
     day on which the Loan is repaid whether due to  acceleration  or otherwise.
     Notwithstanding  anything in this  Agreement to the contrary,  the interest
     rate on the Loan  shall in no event be in  excess of the  maximum  interest
     rate permitted by Applicable Law. All interest shall accrue daily and shall
     be  calculated on the basis of a 360-day year and the actual number of days
     elapsed."

     (E) Section 2.8 of the Credit  Agreement is hereby  amended in its entirety
to read as follows:

          "2.8 Optional  Prepayments.  Subject to Section 12.3, the Borrower may
     at any time and from time to time (i) from the Closing  Date until the date
     that is the first anniversary  thereof;  provided that, except as set forth
     below in this  Section  2.8,  after giving  effect to any  prepayment  made
     pursuant to this Section 2.8(i) all of the conditions set forth on Schedule
     2.8 hereto would be satisfied;  provided,  further that the  conditions set
     forth in Schedule  2.8 hereto  shall not apply to the first  $9,500,000  in
     aggregate  principal  amount prepaid pursuant to this Section 2.8, and (ii)
     at any time  thereafter,  upon five Business  Days' prior written notice to
     the Lender,  pay the outstanding  principal amount of the Loan, in whole or
     in part, without prepayment penalty,  together with accrued interest to the
     date of such prepayment on the principal amount prepaid, provided that each
     partial  principal  repayment  shall be in a  minimum  aggregate  amount of

                                       2
<PAGE>
     $1,000,000  or any integral  multiple of $100,000 in excess  thereof.  Each
     notice of prepayment  shall specify the  prepayment  date and the principal
     amount of the Loan to be prepaid, shall be irrevocable and shall commit the
     Borrower to prepay the Loan in the amount and in the date stated therein."

     SECTION 2.  Representations and Warranties.  The Borrower hereby represents
and warrants that:

     (A)  after  giving  effect  to  this  Amendment,  the  representations  and
warranties  contained  in the  Credit  Agreement  are  true and  correct  in all
material  respects on and as of the date hereof as if such  representations  and
warranties had been made on and as of the date hereof (except to the extent that
any such representations and warranties specifically relate to an earlier date);
and

     (B) after giving effect to this  Amendment,  no Event of Default or Default
will have occurred and be continuing on and as of the date hereof.

     SECTION 3. Conditions  Precedent.  The  effectiveness  of this Amendment is
subject to the  satisfaction  in full of each of the  conditions  precedent  set
forth in this  Section  3 (the  date on  which  all such  conditions  have  been
satisfied being herein called the "Effective Date"):

     (A) the Lender shall have received executed  counterparts of this Amendment
which, when taken together, bear the signatures of the Borrower and the Lender;

     (B) the Lender shall have  received a new Note  executed by the Borrower in
an aggregate  principal  amount of  $230,500,000 to be exchanged for and replace
the prior Note  delivered by the Borrower in an  aggregate  principal  amount of
$221,000,000;

     (C) the Borrower  shall have  received from the Lender the prior Note in an
aggregate principal amount of $221,000,000 for cancellation;

     (D) the Lender shall have  received  the written  opinion of counsel to the
Borrower,  dated  the date  hereof  and  addressed  to the  Lender,  in form and
substance satisfactory to counsel to the Lender;

     (E) the Lender shall have received  such other  documents as the Lender may
reasonably request; and

     (F) all legal matters  incident to this Amendment  shall be satisfactory to
counsel to the Lender.

     SECTION 4. Loan. Upon satisfaction of the conditions precedent set forth in
Section 3 hereof, the Lender shall make $9,500,000  available to the Borrower on
September  29,  2003 by causing an amount of same day funds in Dollars  equal to
$9,500,000 to be disbursed  via Federal  Funds wire  transfer to the  Borrower's

                                       3
<PAGE>
account at the Custodian,  ABA No.  011-001-438,  Account No. 5821-5013  Control
Wire Re:  Belport  Capital Fund LLC - 4970, or to such other account as to which
the Borrower shall instruct the Lender in writing.

     SECTION 5. Miscellaneous.

     (A)  Capitalized  terms used herein and not otherwise  defined herein shall
have the meanings as defined in the Credit Agreement.

     (B) Except as expressly  amended hereby,  the Credit Agreement shall remain
in full force and effect in accordance with the original terms thereof.

     (C) The amendments herein contained are limited specifically to the matters
set forth above and do not constitute directly or by implication an amendment or
waiver of any other  provision of the Credit  Agreement or any default which may
occur or may have occurred under the Credit Agreement.

     (D) This Amendment may be executed in any number of  counterparts,  each of
which shall  constitute an original,  but all of which when taken together shall
constitute one and the same instrument.

     (E) This Amendment shall constitute a Fundamental Document.

     (F) This Amendment shall be governed by, and construed in accordance  with,
the laws of the State of New York.

                  [REMAINDER OF PAGE INTENTIONALLY LEFT BLANK]

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<PAGE>
     IN WITNESS  WHEREOF,  the undersigned have caused this Amendment to be duly
executed as of the date first written above.

                                Borrower:

                                BELPORT CAPITAL FUND LLC, as Borrower

                                By:     EATON VANCE MANAGEMENT, as Manager

                                By:     /s/ Thomas E. Faust Jr.
                                        -----------------------------------
                                Name:     Thomas E. Faust Jr.
                                Title:    Executive Vice President
                                Address:  The Eaton Vance Building
                                          255 State Street
                                          Boston, Massachusetts 02109
                                Telephone No.:  (617) 482-8260
                                Telecopier No.:  (617) 482 3836

<PAGE>
                                Lender:

                                DRKW HOLDINGS, INC., as Lender

                                By:     /s/ Neil Winward
                                        -----------------------------------
                                Name:     Neil Winward
                                Title:    President
                                Address:  1301 Avenue of the Americas
                                          New York, New York 10019
                                Telephone No.:  (212) 969-7909
                                Telecopier No.:  (212) 969-7850

<PAGE>
                                ACKNOWLEDGED AND ACCEPTED

                                Investment Manager:

                                WELLS FARGO BANK MINNESOTA, NATIONAL
                                ASSOCIATION, as Investment Manager

                                By:   /s/ Melissa Philibert
                                      -----------------------------------
                                Name:     Melissa Philibert
                                Title:    Corporate Trust Officer
                                Address:  Sixth Street and Marquette Avenue
                                          MAC N9311-161
                                          Minneapolis, MN 55479
                                          Attention: Corporate Trust
                                          Services/Asset- Backed Administration
                                Telephone No.:  (612) 667-8058
                                Telecopier No.:  (617) 667-3539EXHIBIT 4.2(a)

                           AMENDMENT  NO. 1 dated as of September 29,
                           2003 (this  "Amendment")  to the  LOAN AND
                           SECURITY  Agreement  dated  as of June 30,
                           2003 (as the same  may be  further  amended,
                           supplemented  or  otherwise  modified, renewed or
                           replaced  from time to time,  the "Credit
                           Agreement"),  by and among  BELPORT  CAPITAL
                           FUND LLC,  a  Delaware  limited  liability company
                           (the  "Borrower"),  the Lenders  referred to therein,
                           Merrill Lynch Mortgage  Capital,  Inc., a Delaware
                           corporation,  as agent (the "Agent"),  and  Merrill
                           Lynch  Capital  Services,   Inc.,  a  Delaware
                           corporation (the "Swap Provider").

     WHEREAS,  on June 30, 2003,  the Borrower,  the Lenders,  the Agent and the
Swap Provider  entered into the Credit  Agreement  pursuant to which the Lenders
made  available to the  Borrower a revolving  credit  facility in the  aggregate
principal amount of $54,000,000;

     WHEREAS,  the Borrower has requested and the Required  Lenders have agreed,
subject  to the  terms  and  conditions  of this  Amendment,  to  amend  certain
provisions of the Credit Agreement, as set forth herein;

     NOW,  THEREFORE,  in  consideration  of the  premises  and  of  the  mutual
agreements herein contained, the parties hereto agree as follows:

     SECTION  1.  Amendments.  Subject  to the  satisfaction  of the  conditions
precedent set forth in Section 3 hereof,  the Credit Agreement is hereby amended
as of the Effective Date (as defined in Section 3 hereof) as follows:

     Article  1 of the  Credit  Agreement  is hereby  amended  by  amending  and
restating the following definition in its entirety to read as follows:

          "`Term  Loan  Agreement'  shall mean the Loan and  Security  Agreement
     dated as of June 30, 2003 by and between the Term Lender and the  Borrower,
     as amended by Amendment No. 1 dated as of September 29, 2003."

     SECTION 2.  Representations and Warranties.  The Borrower hereby represents
and warrants that:

     (A)  after  giving  effect  to  this  Amendment,  the  representations  and
warranties  contained  in the  Credit  Agreement  are  true and  correct  in all
material  respects on and as of the date hereof as if such  representations  and

<PAGE>
warranties had been made on and as of the date hereof (except to the extent that
any such representations and warranties specifically relate to an earlier date);
and

     (B) after giving effect to this  Amendment,  no Event of Default or Default
will have occurred and be continuing on and as of the date hereof.

     SECTION 3. Conditions  Precedent.  The  effectiveness  of this Amendment is
subject to the  satisfaction  in full of each of the  conditions  precedent  set
forth in this  Section  3 (the  date on  which  all such  conditions  have  been
satisfied being herein called the "Effective Date"):

     (A) the Agent shall have received  executed  counterparts of this Amendment
which, when taken together,  bear the signatures of the Required Lenders and the
Borrower;

     (B) the Agent shall have  received  such other  documents  as the Agent may
reasonably request; and

     (C) all legal matters  incident to this Amendment  shall be satisfactory to
counsel to the Agent.

     SECTION 4. Miscellaneous.

     (A)  Capitalized  terms used herein and not otherwise  defined herein shall
have the meanings as defined in the Credit Agreement.

     (B) Except as expressly  amended hereby,  the Credit Agreement shall remain
in full force and effect in accordance with the original terms thereof.

     (C) The amendments herein contained are limited specifically to the matters
set forth above and do not constitute directly or by implication an amendment or
waiver of any other  provision of the Credit  Agreement or any default which may
occur or may have occurred under the Credit Agreement.

     (D) This Amendment may be executed in any number of  counterparts,  each of
which shall  constitute an original,  but all of which when taken together shall
constitute one and the same instrument.

     (E) This Amendment shall constitute a Fundamental Document.

     (F) This Amendment shall be governed by, and construed in accordance  with,
the laws of the State of New York.

                  [REMAINDER OF PAGE INTENTIONALLY LEFT BLANK]

                                       2
<PAGE>
     IN WITNESS  WHEREOF,  the undersigned have caused this Amendment to be duly
executed as of the date first written above.

                                Borrower:

                                BELPORT CAPITAL FUND LLC, as Borrower

                                By:     EATON VANCE MANAGEMENT, as Manager

                                By:     /s/ Thomas E. Faust Jr.
                                        -----------------------------------
                                Name:     Thomas E. Faust Jr.
                                Title:    Executive Vice President
                                Address:  The Eaton Vance Building
                                          255 State Street
                                          Boston, Massachusetts 02109
                                Telephone No.:  (617) 482-8260
                                Telecopier No.:  (617) 482 3836

<PAGE>
                                Lenders:

                                MERRILL LYNCH MORTGAGE CAPITAL, INC.,
                                individually and as Agent

                                By:     /s/ Joshua A. Green
                                        -----------------------------------
                                Name:     Joshua A. Green
                                Title:    President
                                Address:  4 World Financial Center
                                          10th Floor
                                          New York, New York 10080
                                Telephone No.:  (212) 449-7330
                                Telecopier No.:  (212) 449-6673

<PAGE>
                                Swap Provider:

                                MERRILL LYNCH CAPITAL SERVICES, INC.,
                                as Swap Provider

                                By:     /s/ Joshua A. Green
                                        -----------------------------------
                                Name:     Joshua A. Green
                                Title:    President
                                Address:  4 World Financial Center
                                          12th Floor
                                          New York, New York 10080
                                Telephone No.:  (212) 449-8169
                                Telecopier No.:  (212) 449-6993

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