Company: GAUZ
Filing Date: 2025-07-03
Form Type: F-3
Source: 0001213900-25-061387
Chunk: 33

Company: Gauzy Ltd.
Filing Date: 2025-07-03
Form: F-3
Chunk 33
---
 distributions and dividend
payments on the securities will be made to Cede & Co., or such other nominee as may be requested by an authorized representative of
DTC. DTC’s practice is to credit direct participants’ accounts upon DTC’s receipt of funds and corresponding detail
information from us on the payment date in accordance with their respective holdings shown on DTC records. Payments by participants to
beneficial owners will be governed by standing instructions and customary practices, as is the case with securities held for the account
of customers in bearer form or registered in “street name.” Those payments will be the responsibility of participants and
not of DTC or us, subject to any statutory or regulatory requirements in effect from time to time. Payment of redemption proceeds, distributions
and dividend payments to Cede & Co., or such other nominee as may be requested by an authorized representative of DTC, is our responsibility,
disbursement of payments to direct participants is the responsibility of DTC, and disbursement of payments to the beneficial owners is
the responsibility of direct and indirect participants.

Except under the limited circumstances described
below, purchasers of securities will not be entitled to have securities registered in their names and will not receive physical delivery
of securities. Accordingly, each beneficial owner must rely on the procedures of DTC and its participants to exercise any rights under
the securities and the indenture.

The laws of some jurisdictions may require that
some purchasers of securities take physical delivery of securities in definitive form. Those laws may impair the ability to transfer or
pledge beneficial interests in those securities.

DTC may discontinue providing its services as securities
depositary with respect to the securities at any time by giving reasonable notice to us. Under such circumstances, in the event that a
successor depositary is not obtained, securities certificates are required to be printed and delivered.

As noted above, beneficial owners of a particular
series of securities generally will not receive certificates representing their ownership interests in those securities. However, if:

| ● | DTC notifies us that it is unwilling or unable to continue                                                                             
 as a depositary for the global security or securities representing such series of securities or if DTC ceases to be a clearing agency  
 registered under the Exchange Act at a time when it is required to be registered and a successor depositary is not appointed within 90 
 days of the notification to us or of our becoming aware of DTC’s ceasing to be so registered, as the case may be;                      |

| ● | we determine, in