Document:

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                                                                 Exhibit 10.54.2

                            FOURTH AMENDMENT TO LEASE

This FOURTH AMENDMENT TO LEASE made as of the 5th day of October, 2001 by and
between 225 FOURTH, LLC a Delaware limited liability company whose address is
c/o Orda Management Corporation, 225 Park Avenue South, New York, New York 10003
(hereinafter referred to as "Landlord") and ACTV, INC., a Delaware corporation,
whose address is 225 Park Avenue South, New York, New York 10003 (hereinafter
referred to as "Tenant").

                                   WITNESSETH

         WHEREAS, by lease dated as of December 1, 1999, as amended by that
First Amendment to Lease dated May 23, 2000 (the "First Amendment"), that Second
Amendment to Lease dated as of October 23, 2000 (the "Second Amendment"), and
that Third Amendment dated as of December 11, 2000 (the "Third Amendment"),
(said lease, as same has been amended, is hereinafter referred to as the
"Lease"), Landlord leased to Tenant, the entire 18th floor (the "18th Floor"),
the entire 19th floor (the "19th Floor"), and the.l9th Floor Mezzanine (the
"19th Floor Mezzanine") (the 18th Floor, the 19th Floor and the 19th Floor
Mezzanine hereinafter collectively referred to as the "225 Premises") in the
building known as 225 Park Avenue South, New York, New York (hereinafter
referred to as the "Building"), as well as the entire tenth (10th) floor (the
"10th Floor") in the building known as 233 Park Avenue South, New York, New York
(the "223 Building"; the 225 Premises and the 10th Floor hereinafter
collectively known as the "Original Premises"), upon terms and conditions more
fully set forth in the Lease; and

         WHEREAS, Tenant desires to decrease the size of the Original Premises
by the surrender and return to Landlord of a portion of the Original Premises
consisting of the 225 Premises and Landlord has agreed to accept the surrender
of the 225 Premises subject to and upon the terms and conditions set forth
herein.

         NOW, THEREFORE, in consideration of the mutual covenants herein
contained and good and valuable consideration, the receipt and sufficiency of
which are hereby acknowledged, Landlord and Tenant agree as follows:

         1. Defined Terms. All capitalized terms used herein but not defined
shall have the meanings ascribed to them in the Lease.

         2. 18th Floor. Effective as of October 15, 2001 (the "Surrender Date"),
(a) Tenant shall surrender the 225 Premises to Landlord, (b) the Lease and the
term thereof shall end and expire with respect to the 225 Premises, as fully and
completely as if the Surrender Date were the date fixed in the Lease for the end
and expiration of the Lease and the term thereof with respect to the 225
Premises, (c) all options (to renew the term, for additional space or
otherwise), if any, contained in the Lease or with respect to the 225 Premises
are extinguished and (d) neither Tenant nor Landlord shall have any further
liability to the other in connection with the 225 Premises, except for any
matters accruing under the Lease on or before the Surrender Date. At all times
prior to the Surrender Date and Tenant's actual delivery of the 225 Premises to
Landlord in the condition required hereunder and under the Lease, Tenant shall
continue to pay Base Rent and Additional Charges in the amount and in the manner
set forth in the Lease.

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         3. Delivery of Space. On the Surrender Date, Tenant shall deliver to
Landlord vacant possession of the 225 Premises, free and clear of all tenancies,
broom clean and otherwise in the condition required by the Lease for delivery to
Landlord at the end of the Term. Upon possession of the 225 Premises by the New
Tenant (as defined below) Tenant shall be deemed to be in compliance with the
foregoing sentence. Notwithstanding the foregoing Landlord acknowledges that
Tenant has advised Landlord that Tenant has entered into an agreement (the "PA
Agreement") with the Port Authority of New York and New Jersey, the new tenant
of the 225 Premises (the "New Tenant"), to purchase certain installations,
equipment and furniture owned by Tenant ("PA Agreement Items") and located in
the 225 Premises. Provided that Tenant furnishes Landlord with a true and
correct copy of the PA Agreement, Tenant shall be permitted to leave in the 225
Premises those items being purchased pursuant to the PA Agreement.

         4. Representations and Warranties. Tenant hereby represents and
warrants that, as of the date hereof and as of the dates Tenant surrenders the
225 Premises in accordance with the provisions of this Agreement:

         (a) Tenant is the holder of all of the tenant's right, title and
interest in, to and under the Lease, and the Lease is in full force and effect
and has not been modified or amended except as described herein;

         (b) The interest of the tenant under the Lease has not been assigned,
transferred, pledged, mortgaged or otherwise encumbered and Tenant has not
sublet all or any part of the 225 Premises;

         (c) Tenant has not sublet, underlet, or otherwise transferred, in any
manner whatsoever, any present or future possession, use or occupancy right in
or to all or any portions of the Lease or the 225 Premises;

         (d) This Agreement has been duly and validly authorized, executed and
delivered by Tenant and is valid, binding and enforceable against Tenant in
accordance with its terms. Tenant has the full power and authority to consummate
the transactions contemplated hereby; and

         (e) Tenant has no claims against Landlord for any liability arising
under the Lease. To the best of Tenant's knowledge, no other party has a claim
against Landlord for any liability arising under the Lease.

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         5. Failure to Surrender and Vacate. (a) If Tenant fails to vacate and
deliver possession of the 225 Premises on or before the date set forth herein
for such surrender and otherwise in accordance with this Agreement, without
limiting any rights or remedies to which Landlord may be entitled under the
Lease, at law or in equity with respect to such failure by Tenant, Tenant hereby
agrees that it (a) will accept service of a notice of petition and petition in a
summary proceeding in the Civil Court of the City of New York; (b) consents to
the jurisdiction of said Court; (c) shall not enter any appearance or interpose
any defense or counterclaim in any such proceeding; (d) consents to the entry of
a final judgment in said proceeding awarding Landlord immediate possession of
the 225-Premises; (e) consents to the immediate issuance of a warrant of
eviction by the Clerk of the Civil Court; and (f) waives (i) any stay of
execution of said warrant of eviction and (ii) all rights to appeal or
collaterally attack the aforesaid final judgment or the issuance and execution
of a warrant of eviction.

         (b) If Tenant does not surrender possession of and vacate the 225
Premises on the date set forth herein for such surrender and otherwise in
accordance with this Agreement, then, in addition to and without limiting any
other rights and/or remedies to which Landlord may be entitled under the Lease
or this Agreement, at law or in equity, Landlord may, without notice to Tenant,
(i) enter the 225 Premises, (ii) remove all of Tenant's furniture, equipment,
furnishings, removable fixtures and other personal property (other than the "PA
Agreement Items") in the 225 Premises (collectively, the "Personal Property"),
(iii) store or dispose of such Personal Property in Landlord's sole discretion
without liability to Tenant, (iv) change the locks on the entry doors to the 225
Premises and all other doors within the 225 Premises and (v) prohibit the entry
into the 225 Premises by Tenant and/or any officer, director, shareholder,
principal, employee, invitee, licensee or other representative of Tenant. In
connection with the exercise by Landlord of any or all of its rights under this
paragraph, (1) any costs and expenses incurred by Landlord shall be deemed to be
"additional rent" under the Lease and shall be payable by Tenant on demand and
(2) Landlord shall have no liability to Tenant whatsoever, including, without
limitation, for any damage to any of the Personal Property. Nothing contained in
this Paragraph 4(b) or elsewhere in this Agreement is intended or shall be
construed to give Tenant the right to remain in or occupy the 225 Premises.

         (c) Tenant acknowledges and agrees that Landlord has entered into a
lease with the New Tenant for occupancy of the 225 Premises commencing
immediately after the Surrender Date and that, in entering into such lease,
Landlord is relying upon Tenant's agreement to vacate and surrender the 225
Premises on the dates and in accordance with the terms set forth herein.
Accordingly, if Tenant shall hold-over, or remain in possession of any portion
of the 225 Premises beyond the Surrender Date, Tenant shall be subject not only
to summary proceeding and all damages related thereto, but also to any damages,
including without limitation consequential damages, arising out of any lost
opportunities (and/or new leases) by Landlord to re-let the 225 Premises (or any
part thereof). All damages to Landlord by reason of such holding over by Tenant
may be the subject of a separate action and need not be asserted by Landlord in
any summary proceedings against Tenant.

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         6. Tenant Improvements. (a) Landlord and Tenant have agreed that
certain improvements made by Tenant to the 225 Premises shall remain in the 225
Premises following the Surrender Date. In consideration therefor, Landlord
agrees to pay Tenant the sum of *** Dollars ($***) for such improvements,
installations and fixtures within two (2) Business Days after Tenant has
complied with the first sentence of Paragraph 3 hereof. Tenant shall be
responsible for and shall indemnify Landlord for all sales taxes or other taxes
imposed by any federal, state or local governmental authority or under any law
arising from the purchase of these improvements or the transactions hereunder.
Such payment shall be due from Landlord to Tenant only after Tenant has
surrendered the 225 Premises in accordance with the terms herein and provided
that Tenant is not otherwise in default under the Lease, as amended hereby.
Landlord shall have the right to set off against such payment, any sums owed by
Tenant to Landlord under the Lease.

         7. Tenant agrees that Landlord shall continue to retain the Expansion
Space Letter of Credit in the amount of $484,000 and that Landlord shall return
the additional letters of credit heretofore delivered to Landlord (copies of
which are attached hereto as Exhibit A) to Tenant within ten (10) Business Days
after the Surrender Date provided that Tenant has surrendered the 225 Premises
on the Surrender Date in accordance with the terms of this Agreement.

         8. Certain Lease Provisions. From and after the Surrender Date,
provided that Tenant has surrendered the 225 Premises to Landlord in the
condition required hereunder and under the Lease, the provisions of Article 10
of the Lease shall govern with respect to the matters set forth therein
notwithstanding any other provision of the Lease to the contrary.

         9. Landlord and Tenant agree that upon execution of this Amendment by
each party, this Amendment shall be placed in escrow with Messrs. Fried, Frank,
Harris, Shriver & Jacobson ("Escrowee") and shall not be deemed delivered and/or
effective until Landlord has notified Tenant and Escrowee that the lease of the
225 Premises to the New Tenant (the "New Lease") has been released from escrow,
and is in full force and effect (the "Effective Date of the New Lease")
whereupon Escrowee shall be instructed by Landlord to date this Amendment and to
deliver an original counterpart of this Amendment to each party. Upon the date
this Amendment is so delivered it shall be deemed to be in full force and effect
and binding on both parties. In the event that Landlord shall not have notified
Tenant and Escrowee that the Effective Date of the New Lease has occurred by the
close of business October 12, 2001 this Amendment shall be deemed null and void
and neither party shall have any obligation to the other under the terms of the
Amendment.

         10. Miscellaneous. (a) Time is of the essence with regard to Tenant's
obligations under this Agreement.

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         (b) This Agreement shall inure to the benefit of and be binding on
Landlord and Tenant, and their respective successors and assigns. Nothing in
this Agreement, express or implied, is intended to confer on any person other
than the parties hereto and their respective successors and assigns any rights,
remedies or obligations or liabilities under or by reason of this Agreement.

         (c) Tenant represents to Landlord that Tenant has dealt with no broker
other than Peter Turchin in his capacity as Landlord's agent in connection with
this Agreement or the Building and Tenant shall indemnify and hold Landlord
harmless from and against all loss, cost, liability and expense (including
reasonable attorneys' fees and disbursements), arising out of any claim for a
commission or other compensation by any broker who alleges that it has dealt
with Tenant in connection with this Agreement or the Building.

         (d) This Agreement shall be construed and enforced according to the
laws of the State of New York.

          (e) Nothing contained in this Agreement shall be construed to modify
the terms on which Tenant is leasing the 1Oth Floor, including without being
limited to Article 10 thereof, which shall continue to be leased by Tenant
pursuant to the terms of the Lease, without modification. Except as modified by
this Fourth Amendment of Lease, the Lease and all covenants, agreements, terms
and conditions thereof shall remain in full force and effect and are hereby in
all respects ratified and confirmed..

         (f) Neither this Agreement nor any provision hereof may be waived,
modified, amended, discharged or terminated except by an instrument signed by
the party against whom the waiver, modification, amendment, discharge or
termination is sought and then only to the extent set forth in such instrument.

         (g) No waiver by either party or failure or refusal by the other party
to comply with its obligations shall be deemed to be a waiver of any other or
subsequent failure or refusal to so comply.

         (h) If any term or provision of this Agreement or the application
thereof to any person or circumstance shall to any extent be invalid or
unenforceable, the remainder of this Agreement or the circumstances other than
those as to which it is held invalid or unenforceable shall not be affected
thereby and each term and provision of this Agreement shall nevertheless be
valid and be enforced to the fullest extent permitted by law.

         (i) The captions in this Agreement are inserted for the convenience of
reference only and do not define, describe or limit the scope or the intent of
this Agreement of any of the provisions hereof and shall not be considered in
interpreting or construing this Agreement.

         (j) Tenant hereby represents that the officer executing this Amendment
on behalf of Tenant has all necessary licenses, authorizations, permits and
approvals, and full power and authority to execute and deliver this Amendment on
behalf of Tenant and perform any action in connection therewith.

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         (k) This Agreement may be executed in counterparts, each of which shall
be an original and all of which counterparts taken together shall constitute one
and the same agreement.

IN WITNESS WHEREOF, Landlord and Tenant have executed this Agreement as of the
day and year first above written.

      LANDLORD:             225 FOURTH LLC
                            By: Orda Management Corporation, a general partner

                            By:  /s/ Morton F. Sliver
                            --------------------------------------
                            President

      TENANT:               ACTV, INC.

                            By: /s/ Christopher Cline
                            --------------------------------------
                            Senior Vice President

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               Form of Sarbanes-Oxley Section 302(a) Certification

I, David Reese, Chief Executive Officer of ACTV, Inc., certify that:

1.       I have reviewed this annual report on Form 10-K/A of ACTV, Inc.;

2.       Based on my knowledge, this annual report does not contain any untrue
         statement of a material fact or omit to state a material fact necessary
         to make the statements made, in light of the circumstances under which
         such statements were made, not misleading with respect to the period
         covered by this annual report;

3.       Based on my knowledge, the financial statements, and other financial
         information included in this annual report, fairly present in all
         material respects the financial condition, results of operations and
         cash flows of the registrant as of, and for, the periods presented in
         this annual report;

Date: November 14, 2002

                                          /s/  David Reese
                                          ---------------------------------
                                          David Reese
                                          Chief Executive Officer

<PAGE>

               Form of Sarbanes-Oxley Section 302(a) Certification

I, Christopher C. Cline, Chief Financial Officer of ACTV, Inc., certify that:

1.       I have reviewed this annual report on Form 10-K/A of ACTV, Inc.;

2.       Based on my knowledge, this annual report does not contain any untrue
         statement of a material fact or omit to state a material fact necessary
         to make the statements made, in light of the circumstances under which
         such statements were made, not misleading with respect to the period
         covered by this annual report;

3.       Based on my knowledge, the financial statements, and other financial
         information included in this quarterly report, fairly present in all
         material respects the financial condition, results of operations and
         cash flows of the registrant as of, and for, the periods presented in
         this annual report;

Date: November 14, 2002

                                               /s/  Christopher C. Cline
                                               ---------------------------------
                                               Christopher C. Cline
                                               Chief Financial Officer<PAGE>

                                                                    Exhibit 10.1

         ASSIGNMENT No. 23 OF RECEIVABLES IN ADDITIONAL ACCOUNTS,
(this "Assignment") dated as of November 1, 2002, by and between CHASE MANHATTAN
BANK USA, NATIONAL ASSOCIATION, a national banking corporation organized and
existing under the laws of the United States of America ("Chase USA"), and THE
BANK OF NEW YORK, a banking corporation organized and existing under the laws of
the State of New York (the "Trustee") pursuant to the Pooling and Servicing
Agreement referred to below.

                              W I T N E S S E T H:

         WHEREAS, Chase USA, as Transferor on and after June 1, 1996, JPMorgan
Chase Bank, as Transferor prior to June 1, 1996 and as Servicer, and the Trustee
are parties to the Third Amended and Restated Pooling and Servicing Agreement,
dated as of November 15, 1999, as amended by the First Amendment thereto dated
as of March 31, 2001 and the Second Amendment thereto dated as of March 1, 2002
(hereinafter as such agreement may have been, or may from time to time be,
amended, supplemented or otherwise modified, the "Pooling and Servicing
Agreement");

         WHEREAS, pursuant to the Pooling and Servicing Agreement, Chase USA
wishes to designate Additional Accounts of Chase USA to be included as Accounts
and to convey the Receivables of such Additional Accounts, whether now existing
or hereafter created, to the Trust as part of the corpus of the Trust (as each
such term is defined in the Pooling and Servicing Agreement); and

         WHEREAS, the Trustee is willing to accept such designation and
conveyance subject to the terms and conditions hereof;

         NOW, THEREFORE, Chase USA and the Trustee hereby agree as follows:

                  1. Defined Terms. All terms defined in the Pooling and
         Servicing Agreement and used herein shall have such defined meanings
         when used herein, unless otherwise defined herein.

                  "Addition Date" shall mean, with respect to the Additional
         Accounts designated hereby, November 1, 2002.

                  "Notice Date" shall mean, with respect to the Additional
         Accounts designated hereby, October 11, 2002.

                  2. Designation of Additional Accounts. Chase USA shall deliver
         to the Trustee not later than five Business Days after the Addition
         Date, a computer file or microfiche list containing a true and complete
         list of each MasterCard and VISA account which as of the Addition Date
         shall be deemed to be an Additional Account, such accounts being
         identified by account number and by the amount of Receivables in such
         accounts as of the close of business on the Addition Date. Such list
         shall be delivered five Business Days after the date of this Assignment
         and shall be marked as Schedule 1 to this Assignment and, as of the
         Addition Date, shall be incorporated into and made a part of this
         Assignment.

<PAGE>

                  3. Conveyance of Receivables.

                  A. Chase USA does hereby transfer, assign, set-over and
         otherwise convey to the Trustee on behalf of the Trust for the benefit
         of the Certificateholders, without recourse on and after the Addition
         Date, all right, title and interest of Chase USA in and to the
         Receivables now existing and hereafter created in the Additional
         Accounts designated hereby, all monies due or to become due with
         respect thereto (including all Finance Charge Receivables) and all
         proceeds of such Receivables, Recoveries, Interchange, Insurance
         Proceeds relating to such Receivables and the proceeds of any of the
         foregoing.

                  B. In connection with such transfer, Chase USA agrees to
         record and file, at its own expense, a financing statement with respect
         to the Receivables now existing and hereafter created in the Additional
         Accounts designated hereby (which may be a single financing statement
         with respect to all such Receivables) for the transfer of accounts as
         defined in Section 9-102 of the UCC as in effect in the State of New
         York meeting the requirements of applicable state law in such manner
         and such jurisdictions as are necessary to perfect the assignment of
         such Receivables to the Trustee on behalf of the Trust for the benefit
         of the Certificateholders (the "Secured Party"), and to deliver a
         file-stamped copy of such financing statement or other evidence of such
         filing (which may, for purposes of this Section 3, consist of telephone
         confirmation of such filing) to the Trustee on or prior to the date of
         this Assignment.

                  C. It is the intention of the parties hereto that all
         transfers of Receivables to the Trust pursuant to this Assignment be
         subject to, and be treated in accordance with, the Delaware Act and
         each of the parties hereto agrees that this Assignment has been entered
         into by the parties hereto in express reliance upon the Delaware Act.
         For purposes of complying with the requirements of the Delaware Act,
         each of the parties hereto hereby agrees that any property, assets or
         rights purported to be transferred, in whole or in part, by Chase USA
         pursuant to this Assignment shall be deemed to no longer be the
         property, assets or rights of Chase USA. The parties hereto acknowledge
         and agree that each such transfer is occurring in connection with a
         "securitization transaction" within the meaning of the Delaware Act.

                  D. In connection with such transfer, Chase USA further agrees,
         at its own expense, on or prior to the date of this Assignment to
         indicate in its computer files that Receivables created in connection
         with the Additional Accounts designated hereby have been transferred to
         the Trust pursuant to this Assignment for the benefit of the
         Certificateholders.

<PAGE>

                  E. Chase USA hereby grants to the Secured Party a security
         interest in all of Chase USA's right, title and interest in, to and
         under the Receivables now existing and hereafter created in the
         Additional Accounts designated hereby, all monies due or to become due
         with respect to such Receivables, Insurance Proceeds relating to such
         Receivables, Recoveries, Interchange and the proceeds to any of the
         foregoing to secure a loan in an amount equal to the unpaid principal
         amount of the Investor Certificates issued or to be issued pursuant to
         the Pooling and Servicing Agreement and the interests accrued at the
         related Certificate Rates, and this Assignment shall constitute a
         security agreement under applicable law. Chase USA shall execute
         continuation statements and provide other further assurances to
         maintain the perfection and priority of such security interest of the
         Secured Party.

                  4. Acceptance by Trustee. The Trustee hereby acknowledges its
         acceptance on behalf of the Trust for the benefit of the
         Certificateholders of all right, title and interest previously held by
         Chase USA in and to the Receivables now existing and hereafter created,
         and declares that it shall maintain such right, title and interest,
         upon the Trust herein set forth, for the benefit of all
         Certificateholders.

                  5. Representations and Warranties of Chase USA. Chase USA
         hereby represents and warrants to the Secured Party as of the Addition
         Date:

                  A. Legal, Valid and Binding Obligation. This Assignment
         constitutes a legal, valid and binding obligation of Chase USA
         enforceable against Chase USA in accordance with its terms, except as
         such enforceability may be limited by applicable bankruptcy,
         insolvency, reorganization, moratorium or other similar laws now or
         hereafter in effect affecting the enforcement of creditors' rights in
         general and the rights of creditors of banking associations and except
         as such enforceability may be limited by general principles of equity
         (whether considered in a suit at law or in equity).

                  B. Eligibility of Accounts and Receivables. Each Additional
         Account designated hereby is an Eligible Account and each Receivable in
         such Additional Account is an Eligible Receivable.

                  C. Selection Procedures. No selection procedures believed by
         Chase USA to be materially adverse to the interests of the Investor
         Certificateholders were utilized in selecting the Additional Accounts
         designated hereby from the available Eligible Accounts in the Bank
         Portfolio.

                  D. Insolvency. Chase USA is not insolvent and, after giving
         effect to the conveyance set forth in Section 3 of this Assignment,
         will not be insolvent.

<PAGE>

                  E. Transfer. This Assignment constitutes either: (i) a valid
         transfer and assignment to the Trust of all right, title and interest
         of Chase USA in and to Receivables now existing and hereafter created
         in the Additional Accounts designated hereby, and all proceeds (as
         defined in the UCC) of such Receivables and Insurance Proceeds relating
         thereto, and such Receivables and any proceeds thereof and Insurance
         Proceeds relating thereto will be held by the Secured Party free and
         clear of any Lien of any Person claiming through or under Chase USA or
         any of its Affiliates except for (x) Liens permitted under subsection
         2.5(b) of the Pooling and Servicing Agreement, (y) the interest of the
         holder of the Transferor Certificate and (z) Chase USA's right to
         receive interest accruing on, and investment earnings in respect of,
         the Finance Charge Account and the Principal Account as provided in the
         Pooling and Servicing Agreement; or (ii) a valid and continuing
         security interest (as defined in the UCC) in the Receivables now
         existing or hereafter created in the Additional Accounts in favor of
         the Secured Party, the proceeds (as defined in the UCC) thereof and
         Insurance Proceeds relating thereto, upon the conveyance of such
         Receivables to the Trust, which security interest is prior to all other
         Liens, and is enforceable against creditors of and purchasers from
         Chase USA, and which will be enforceable with respect to the
         Receivables thereafter created in respect of Additional Accounts
         designated hereby, the proceeds (as defined in the UCC) thereof and
         Insurance Proceeds relating thereto, upon such creation; and (iii) if
         this Assignment constitutes the grant of a security interest to the
         Secured Party in such property, upon the filing of a financing
         statement described in Section 3 of this Assignment with respect to the
         Additional Accounts designated hereby and in the case of the
         Receivables of such Additional Accounts thereafter created and the
         proceeds (as defined in the UCC) thereof, and Insurance Proceeds
         relating to such Receivables, upon such creation, the Secured Party
         shall have a first priority perfected security interest in such
         property (subject to Section 9-315 the UCC as in effect in the State of
         Delaware), except for Liens permitted under subsection 2.5(b) of the
         Pooling and Servicing Agreement. Chase USA has caused or will have
         caused, within ten days, the filing of all appropriate financing
         statements in the proper filing office in the appropriate jurisdictions
         under applicable law in order to perfect the security interest in the
         Receivables granted to the Secured Party hereunder. The Receivables
         constitute "accounts" within the meaning of the applicable UCC.

                  F. Other Liens. Other than the security interest granted to
         the Secured Party pursuant to this Assignment, Chase USA has not
         pledged, assigned, sold, granted a security interest in, or otherwise
         conveyed any of the Receivables. Chase USA has not authorized the
         filing of and is not aware of any financing statements against Chase
         USA that include a description of collateral covering the Receivables
         other than any financing statement (i) relating to the security
         interest granted to the Secured Party hereunder, (ii) that has been
         terminated,.6 or (iii) that names The Bank of New York as secured
         party. Chase USA is not aware of any judgment or tax lien filings
         against Chase USA. Chase USA owns and has good and marketable title to
         the Receivables free and clear of any Lien, claim or encumbrance of any
         Person.

<PAGE>

                  G. Breach of Representations and Warranties. The provision set
         forth in Section 2.4(d) of the Pooling and Servicing Agreement shall be
         applicable to any breach of the representations and warranties of this
         Section 5 with respect to any Receivable.

                  6. Conditions Precedent. The acceptance by the Trustee set
         forth in Section 4 and the amendment of the Pooling and Servicing
         Agreement set forth in Section 7 are subject to the satisfaction, on or
         prior to the Addition Date, of the following conditions precedent:

                           A. Officer's Certificate. Chase USA shall have
                  delivered to the Trustee a certificate of a Vice President or
                  more senior officer substantially in the form of Schedule 2
                  hereto, certifying that (i) all requirements set forth in
                  Section 2.6 of the Pooling and Servicing Agreement for
                  designating Additional Accounts and conveying the Principal
                  Receivables of such Account, whether now existing or hereafter
                  created, have been satisfied and (ii) each of the
                  representations and warranties made by Chase USA in Section 5
                  is true and correct as of the Addition Date. The Trustee may
                  conclusively rely on such Officer's Certificate, shall have no
                  duty to make inquiries with regard to the matters set forth
                  therein, and shall incur no liability in so relying.

                           B. Opinion of Counsel. Chase USA shall have delivered
                  to the Trustee an Opinion of Counsel with respect to the
                  Additional Accounts designated hereby substantially in the
                  form of Exhibit E to the Pooling and Servicing Agreement.

<PAGE>

                  7. Amendment of the Pooling and Servicing Agreement. The
         Pooling and Servicing Agreement is hereby amended to provide that all
         references therein to the "Pooling and Servicing Agreement," to "this
         Agreement" and "herein" shall be deemed from and after the Addition
         Date to be a dual reference to the Pooling and Servicing Agreement as
         supplemented by this Assignment and by Assignment No. 1 of Receivables
         in Additional Accounts, dated as of July 1, 1996, Assignment No. 2 of
         Receivables in Additional Accounts, dated as of September 1, 1996,
         Assignment No.3 of Receivables in Additional Accounts, dated as of
         December 1, 1997, Assignment No. 4 of Receivables in Additional
         Accounts, dated as of February 1, 1998, Assignment No. 5 of Receivables
         in Additional Accounts, dated as of April 1, 1998, Assignment No. 6 of
         Receivables in Additional Accounts, dated as of August 1, 1998,
         Assignment No. 7 of Receivables in Additional Accounts, dated as of
         November 1, 1998, Assignment No. 8 of Receivables in Additional
         Accounts, dated as of February 1, 1999, Assignment No. 9 of Receivables
         in Additional Accounts, dated as of April 1, 1999, Assignment No. 10 of
         Receivables in Additional Accounts, dated as of July 1, 1999,
         Assignment No. 11 of Receivables in Additional Accounts, dated as of
         October 1, 1999, Assignment No. 12 of Receivables in Additional
         Accounts, dated as of February 1, 2000, Assignment No. 13 of
         Receivables in Additional Accounts, dated as of April 1, 2000,
         Assignment No. 14 of Receivables in Additional Accounts, dated as of
         May 1, 2000, Assignment No. 15 of Receivables in Additional Accounts,
         dated as of August 1, 2000, Assignment No. 16 of Receivables in
         Additional Accounts, dated as of July 1, 2001, Assignment No. 17 dated
         as of September 1, 2001, Assignment No. 18 of Receivables in Additional
         Accounts, dated as of November 1, 2001, Assignment No. 19 of
         Receivables in Additional Accounts, dated as of March 6, 2002,
         Assignment No. 20 of Receivables in Additional Accounts, dated as of
         April 1, 2002, Assignment No. 21 of Receivables in Additional Accounts,
         dated as of May 1, 2002, Assignment No. 22 of Receivables in Additional
         Accounts, dated as of September 1, 2002, Reassignment No. 1 of
         Receivables in Removed Accounts, dated as of September 30, 1997 and
         Reassignment No. 2 of Receivables in Removed Accounts, dated as of
         December 1, 1997. Except as expressly amended hereby, all of the
         representations, warranties, terms, covenants and conditions to the
         Pooling and Servicing Agreement shall remain un-amended and shall
         continue to be, and shall remain, in full force and effect in
         accordance with its terms and except as expressly provided herein shall
         not constitute or be deemed to constitute a waiver of compliance with
         or a consent to noncompliance with any term or provisions of the
         Pooling and Servicing Agreement.

                  8. Survival. The representations, warranties and covenants of
         the parties hereto shall survive the assignment of the Receivables
         pursuant to this Assignment and the termination of this Assignment, and
         shall inure to the benefit of the Trust. Notwithstanding to the
         contrary in this Assignment, the representations and warranties of the
         Chase USA herein shall not survive after the tenth (10th) anniversary
         of the Addition Date.

<PAGE>

                  9. Waivers and Amendments. This Assignment may be amended,
         superseded, canceled, renewed or extended and the terms hereof may be
         waived, only by a written instrument signed by authorized
         representatives of the parties or, in the case of a waiver, by an
         authorized representative of the party waiving compliance and, in all
         cases, subject to confirmation by each Rating Agency then rating any
         Investor Certificates. No such written instrument shall be effective
         unless it expressly recites that it is intended to amend, supersede,
         cancel, renew or extend this Assignment or to waive compliance with one
         or more of the terms hereof, as the case may be. No delay on the part
         of any party in exercising any right, power or privilege hereunder
         shall operate as a waiver thereof, nor shall any waiver on the part of
         any party of any such right, power or privilege, or any single or
         partial exercise of any such right, power or privilege, preclude any
         further exercise thereof or the exercise of any other such right, power
         or privilege.

                  10. Counterparts. This Assignment may be executed in two or
         more counterparts (and by different parties on separate counterparts),
         each of which shall be an original, but all of which together shall
         constitute one and the same instrument.

                  11. GOVERNING LAW. THIS ASSIGNMENT SHALL BE GOVERNED BY,
         CONSTRUED AND INTERPRETED IN ACCORDANCE WITH, THE LAWS OF THE STATE OF
         DELAWARE WITHOUT REFERENCE TO ITS CONFLICT OF LAW PROVISIONS, AND THE
         OBLIGATIONS, RIGHTS AND REMEDIES OF THE PARTIES HEREUNDER SHALL BE
         DETERMINED IN ACCORDANCE WITH SUCH LAWS.

                  12. Tax Treatment. Nothing in this Assignment shall be deemed
         to require any securitization transaction involving the Receivables to
         be treated as a sale for federal or state income tax purposes or to
         preclude treatment of any such securitization transaction as debt for
         federal or state income tax purposes.

<PAGE>

                  IN WITNESS WHEREOF, the undersigned have caused this
         Assignment of Receivables in Additional Accounts to be duly executed
         and delivered by their respective duly authorized officers on the day
         and year first above written.

                                 CHASE MANHATTAN BANK USA,
                                 NATIONAL ASSOCIATION
                                 By: /s/ Keith Schuck
                                    --------------------------------
                                 Name: Keith Schuck
                                 Title: Vice President

                                 THE BANK OF NEW YORK,
                                 as Trustee
                                 By: /s/ Dan Rothman
                                    --------------------------------
                                 Name: Dan Rothman
                                 Title: Assistant Treasurer

<PAGE>

                                                                      Schedule 1
                                                                to Assignment of
                                                                  Receivables in
                                                             Additional Accounts

                               ADDITIONAL ACCOUNTS

<PAGE>

                                                                       Exhibit A

                            OFFICER'S CERTIFICATE OF

                 CHASE MANHATTAN BANK USA, NATIONAL ASSOCIATION

         I, Keith W. Schuck, certify, as of this 1st day of November, 2002:

         Capitalized terms used in this Certificate have the same meaning as
defined in the Opinion dated the same date as this Certificate from Skadden,
Arps, Slate, Meagher & Flom LLP ("Skadden") to which this Certificate is
attached.

         I am a duly elected and acting Chief Financial Officer and Controller
of Chase Manhattan Bank USA, National Association (the "Bank").

         This Certificate is being delivered to and may be relied upon by
Skadden in connection with the opinion of counsel with respect to a true sale of
the Receivables (the "Opinion") to be rendered by Skadden in connection with the
Assignment. I understand that Skadden will rely upon the facts, opinions, and
beliefs set forth in this Certificate and that the Opinion is premised upon the
truth and accuracy of the facts, opinions, and beliefs set forth in this
Certificate.

         I am familiar with the business and books and records of the Bank, the
Bank's relations with its creditors, and the transactions and other factual
matters described in the Opinion and in this Certificate. I have made such
investigations and inquiries (including, without limitation, of personnel and
employees having familiarity with such transactions and factual matters) as may
be necessary to enable me to attest to the matters set forth in this Certificate
and to execute and deliver this Certificate.

         I have carefully reviewed the Opinion in its entirety and the
statements contained in this Certificate. I have had the opportunity to ask
questions about the Opinion and matters set forth in this Certificate. I certify
that (1) each factual statement contained in the first four paragraphs of the
Facts and Assumptions section of the Opinion and in this Certificate relating to
the Bank is, to the best of my knowledge (based on the investigations and
inquiries described above), true and correct and does not fail to state a
material fact the omission of which makes the statement as it appears incomplete
or misleading, and (2) each assumption contained in paragraphs A through D in
the Facts and Assumptions section of the Opinion is, to

                                       A-1

<PAGE>

the best of my knowledge (based on the investigations and inquiries described
above), true and correct and does not fail to state a material fact the omission
of which makes the assumption as it appears incomplete or misleading

                                            /s/ Keith W. Schuck
                                   ---------------------------------------------
                                   Name: Keith W. Schuck
                                   Title: Chief Financial Officer and Controller

                                       B-2

<PAGE>

                            OFFICER'S CERTIFICATE OF

                 CHASE MANHATTAN BANK USA, NATIONAL ASSOCIATION

         The undersigned, being Chief Financial Officer and Controller of Chase
Manhattan Bank USA, National Association, a national banking association
organized under the laws of the United States ("Chase USA"), as Transferor under
the Third Amended and Restated Pooling and Servicing Agreement dated as of
November 15, 1999, as amended by the First Amendment thereto dated as of March
31, 2001 and as amended by the Second Amendment thereto dated as of March 1,
2002 (as so amended the "Agreement"), each among Chase USA, as Transferor on and
after June 1, 1996, JPMorgan Chase Bank, as Transferor prior to June 1, 1996 and
as Servicer, and The Bank of New York, as Trustee (the "Trustee"), and in
connection with the execution of Assignment No. 23 of Receivables in Additional
Accounts, dated as of November 1, 2002 (the "Assignment"), between Chase USA, as
Transferor, and the Trustee hereby represents and warrants to the Trustee that
as of November 1, 2002 (capitalized terms used but not defined herein shall have
the meanings provided in the Agreement and the Assignment):

         (1) all requirements set forth in Section 2.6 of the Agreement for
designating Additional Accounts and conveying the Principal Receivables of such
Account, whether now existing or hereafter created, have been satisfied and

         (2) each of the representations and warranties made by Chase USA in
Section 5 of the Assignment is true and correct as of the Addition Date.

                                          /s/ Keith Schuck
                                          --------------------------------------
                                          Name:  Keith Schuck
                                          Title: Chief Financial Officer
                                                 and Controller

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