Supplement to Series Supplement for Corporate Backed Trust Certificates, Series 2001-22 (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 $18,750,000 in underlying securities by Lehman ABS to the trust, and the issuance of additional Class A-1 and Class A-2 certificates, as well as related call warrants. The supplement also updates the call schedule for the Class A-2 certificates. All other terms of the original agreement remain in effect.
EX-4.1 2 efc1-0707_837791ex41.txt SUPPLEMENT TO SERIES SUPPLEMENT, SERIES 2001-22 --------------------------------- THIS SUPPLEMENT, dated as of June 29, 2001 (this "Supplement"), to the Series Supplement, dated as of May 24, 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 2001-22. 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 $18,750,000 of Underlying Securities and the Trust hereby issues an additional 750,000 Class A-1 Certificates with an initial aggregate Certificate Principal Amount of $18,750,000 and an additional amount of Class A-2 Certificates with an initial notional balance of $18,750,000 (the "Additional Certificates"). The Additional Certificates shall have an original issue date of even date herewith but the Additional Certificates shall accrue interest from June 1, 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, and the Class A-2 Certificate Call Schedule attached 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: /s/ Rene Canezin ---------------------------------------------- Name: Rene Canezin Title: Senior Vice President U.S. BANK TRUST NATIONAL ASSOCIATION, not in its individual capacity but solely as Trustee on behalf of the Corporate Backed Trust Certificates Series, 2001-22 Trust By: /s/ Marlene Fahey ----------------------------------------------- Name: Marlene Fahey Title: Vice President and Assistant Secretary 2 SCHEDULE I CLASS A-2 CERTIFICATE CALL SCHEDULE DATE CALL PRICE 12/1/01 $1,246,477 6/1/02 $1,240,832 12/1/02 $1,234,905 6/1/03 $1,228,682 12/1/03 $1,222,147 6/1/04 $1,215,286 12/1/04 $1,208,081 6/1/05 $1,200,517 12/1/05 $1,192,574 6/1/06 $1,184,234 12/1/06 $1,175,477 6/1/07 $1,166,282 12/1/07 $1,156,627 6/1/08 $1,146,490 12/1/08 $1,135,845 6/1/09 $1,124,669 12/1/09 $1,112,934 6/1/10 $1,100,611 12/1/10 $1,087,673 6/1/11 $1,074,088 12/1/11 $1,059,824 6/1/12 $1,044,846 12/1/12 $1,029,120 6/1/13 $1,012,607 12/1/13 $995,269 6/1/14 $977,063 12/1/14 $957,948 6/1/15 $937,876 12/1/15 $916,802 6/1/16 $894,673 12/1/16 $871,438 6/1/17 $847,041 12/1/17 $821,424 6/1/18 $794,527 12/1/18 $766,284 6/1/19 $736,630 12/1/19 $705,492 6/1/20 $672,798 12/1/20 $638,469 6/1/21 $602,424 12/1/21 $564,577 3 6/1/22 $524,837 12/1/22 $483,110 6/1/23 $439,296 12/1/23 $393,293 6/1/24 $344,988 12/1/24 $294,269 6/1/25 $241,014 12/1/25 $185,096 6/1/26 $126,382 12/1/26 $64,732 6/1/27 $0 4
