Common use of Issuance of Additional Certificates Clause in Contracts

Issuance of Additional Certificates. Pursuant to Section 3(d) of the Series Supplement, the Depositor hereby sells to the Trust an additional $20,000,000 of Underlying Securities and the Trust hereby issues an additional 509,269 Certificates with an initial aggregate Certificate Principal Amount of $12,731,725 (the "Additional Certificates"). The Additional Certificates shall have an original issue date of even date herewith. 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.

Appears in 2 contracts

Sources: Supplement to Series Supplement (Lehman Abs Corp Motorola Debenture Backed Series 2002 12), Supplement to Series Supplement (Lehman Abs Corp Motorola Debenture Backed Series 2002 12)

Issuance of Additional Certificates. Pursuant to Section 3(d) of the Series Supplement, the Depositor hereby sells to the Trust an additional $20,000,000 14,130,000 of Underlying Securities and the Trust hereby issues an additional 509,269 565,200 Class A-1 Certificates with an initial aggregate Certificate Principal Amount of $12,731,725 14,130,000 and additional Class A-2 Certificates with an initial notional amount of $14,130,000 (the "Additional Certificates"). The Additional Certificates shall have an original issue date of even date herewith. 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.

Appears in 1 contract

Sources: Supplement to Series Supplement (Lehman Abs Corp)