Exhibit 4(j)
SEARS, ▇▇▇▇▇▇▇ AND CO.
▇▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇
▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇ ▇▇▇▇▇
March 1, 1996
Sears ▇▇▇▇▇▇▇ Acceptance Corp.
▇▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇
▇▇▇▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇ ▇▇▇▇▇
Gentlemen:
This is to confirm our agreement ("Extension Agreement") that the
term "Debt Securities" as defined in the Fixed Charge Coverage
and Ownership Agreement dated as of May 15, 1995 between Sears
▇▇▇▇▇▇▇ Acceptance Corp. ("SRAC"), and Sears, ▇▇▇▇▇▇▇ and Co.
shall be expanded to include up to $2 billion aggregate initial
offering price of debt securities to be issued by SRAC under
Registration Statement No. 33-64215.
If the foregoing satisfactorily sets forth your understanding of
our agreement, please indicate your acceptance by the signature
of a duly authorized officer in the space provided below and on
the duplicate original of this letter which is enclosed.
Very truly yours,
SEARS, ▇▇▇▇▇▇▇ AND CO.
By: /s/ ▇▇▇▇ ▇. ▇▇▇▇
▇▇▇▇ ▇. ▇▇▇▇
Executive Vice President and
Chief Financial Officer
Accepted:
SEARS ▇▇▇▇▇▇▇ ACCEPTANCE CORP.
By: /s/ ▇▇▇▇▇ ▇. ▇▇▇▇▇
▇▇▇▇▇ ▇. ▇▇▇▇▇
President
