Supplement to Series Supplement, Series 2001-34 between Lehman ABS Corporation and U.S. Bank Trust National Association
Summary
This agreement is a supplement to a previous contract between Lehman ABS Corporation and U.S. Bank Trust National Association, acting as trustee. It documents the sale of an additional $20,860,000 in securities by Lehman ABS to the trust and the issuance of new certificates and call warrants by the trust. The supplement updates schedules and terms related to these new securities, while confirming that all other terms of the original agreement remain in effect. The agreement is governed by New York law.
EX-4.1 3 e86650_exh4-1.txt SUPP TO SERIES SUPP, SERIES 2001-34 Exhibit 4.1 SUPPLEMENT TO SERIES SUPPLEMENT, SERIES 2001-34 THIS SUPPLEMENT, dated as of September 19, 2001 (this "Supplement"), to the Series Supplement, dated as of September 6, 2001 (the "Series Supplement") between Lehman ABS Corporation, as depositor (the "Depositor") and U.S. Bank Trust National Association, as the trustee (the "Trustee" and together with the Depositor, the "Parties"). W I T N E S S E T H: - - - - - - - - - - WHEREAS, the Parties entered into the Series Supplement for the purpose of setting forth, among other things, certain supplemental information with respect to the issuance of certificates initially designated Corporate Backed Trust Certificates, Series 2001-34. NOW, THEREFORE, in consideration of the premises and the mutual covenants herein contained, the Parties hereby agree as follows: 1. Pursuant to Section 3(d) of the Series Supplement, the Depositor hereby sells to the Trust an additional $20,860,000 of Underlying Securities and the Trust hereby issues an additional 1,825,250 Class A-1 Certificates with an initial aggregate Certificate Principal Amount of $18,252,500 and an additional amount of Class A-2 Certificates with an aggregate Certificate Principal Amount of $2,607,500 (the "Additional Certificates"). The Additional Certificates shall have an original issue date of even date herewith but the Additional Certificates shall accrue interest from September 17, 2001. The Trust is also issuing call warrants with respect to the Additional Certificates (the "Additional Call Warrants"). The descriptions of the Underlying Securities, the Certificates and the Call Warrants in the Series Supplement, including the Schedules and Exhibits thereto, shall be deemed to be amended mutatis mutandis. The Class A-2 Certificate Schedule, attached as a Schedule to the Series Supplement, is replaced by Schedule I attached hereto. 2. Effect of Supplement. Except as supplemented hereby, the Series Supplement is ratified and confirmed and continues in full force and effect. 3. Counterparts. This Supplement may be executed in any number of counterparts, each of which shall be deemed to be an original, and all such counterparts shall constitute but one and the same instrument. 4. Governing Law. THIS SUPPLEMENT AND THE TRANSACTIONS DESCRIBED HEREIN SHALL BE GOVERNED BY, AND CONSTRUED IN ACCORDANCE WITH, THE LAWS OF THE STATE OF NEW YORK APPLICABLE TO CONTRACTS MADE AND PERFORMED WITHIN THE STATE OF NEW YORK, WITHOUT GIVING EFFECT TO THE CHOICE OF LAWS PROVISIONS THEREOF. IN WITNESS WHEREOF, the parties hereto have caused this Supplement to be duly executed by their respective officers hereunto duly authorized, as of the day and year first above written. LEHMAN ABS CORPORATION By: ----------------------------------- Name: Title: U.S. BANK TRUST NATIONAL ASSOCIATION, not in its individual capacity but solely as Trustee on behalf of the Corporate Backed Trust Certificates Series, 2001-34 Trust By: ----------------------------------- Name: Title: SCHEDULE I CLASS A-2 CERTIFICATE SCHEDULE Date Ending Balance Value ------------------- -------- 9/19/2006 $704,166 3/15/2007 $738,573 9/15/2007 $775,502 3/15/2008 $814,277 9/15/2008 $854,991 3/15/2009 $897,740 9/15/2009 $942,627 3/15/2010 $989,759 9/15/2010 $1,039,247 3/15/2011 $1,091,209 9/15/2011 $1,145,769 3/15/2012 $1,203,058 9/15/2012 $1,263,211 3/15/2013 $1,326,371 9/15/2013 $1,392,690 3/15/2014 $1,462,324 9/15/2014 $1,535,440 3/15/2015 $1,612,213 9/15/2015 $1,692,823 3/15/2016 $1,777,464 9/15/2016 $1,866,338 3/15/2017 $1,959,654 9/15/2017 $2,057,637 3/15/2018 $2,160,519 9/15/2018 $2,268,545 3/15/2019 $2,381,972 9/15/2019 $2,501,071 3/15/2020 $2,626,124 9/15/2020 $2,757,431 3/15/2021 $2,895,302 9/15/2021 $3,040,067 3/15/2022 $3,192,070 9/15/2022 $3,351,674 3/15/2023 $3,519,258 9/15/2023 $3,695,221 3/15/2024 $3,879,982 9/15/2024 $4,073,981 3/15/2025 $4,277,680 9/15/2025 $4,491,564 3/15/2026 $4,716,142 9/15/2026 $4,951,949 3/15/2027 $5,199,546 9/15/2027 $5,459,524 3/15/2028 $5,732,500
