Item 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.

We have an existing receivables purchase facility with Branch Banking & Trust Company ("BB&T"). The revolving advance period under this purchase facility was to end on May 25, 2009, unless a "take-out" financing (as defined in the applicable facility agreements) occurred by this date or such provision was otherwise waived by BB&T. On May 22, 2009, BB&T extended the revolving advance period of the facility from May 25, 2009 to June 25, 2009. Other changes to the facility terms in connection with this extension included: (1) an increase in the specified return earned by BB&T from the 30-day LIBOR plus 1.75% to the Prime rate plus 1.00% (2) a decrease in the Borrowing Base Percentage from 83% to 82.7% and (3) a pro rata prepayment of principal on the Notes by the Issuer in the aggregate amount of 50% of any remaining Available Funds otherwise payable to the Certificate Distribution Account, on each Payment Date, such terms as defined in the facility agreements.

We are currently discussing the further extension of the revolving advance period under this facility through at least May 2010 with BB&T. There can be no assurance that such extension will be obtained on favorable terms, if at all.