Company: RWT-PA
Filing Date: 2025-08-22
Form Type: 424B5
Source: 0001104659-25-081925
Chunk: 84

Company: REDWOOD TRUST INC
Filing Date: 2025-08-22
Form: 424B5
Chunk 84
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 the covenants, definitions or otherwise;

(6)

change the place or currency of payment of principal or interest in respect of any note;

(7)

impair the right of any holder to bring suit for the enforcement of any payment of principal of and interest on, or the conversion consideration due upon conversion of, or any other payment on or with respect to, such holder’s notes on or after the due dates therefor;

(8)

adversely affect the ranking of the notes as our senior unsecured indebtedness; or

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(9)

make any change in the amendment provisions which require each holder’s consent or in the waiver provisions if such change adversely affects the rights of holders of the notes.

Notwithstanding anything to the contrary above, without the consent of any holder, we and the trustee may amend the indenture and/or the notes to:

(1)

cure any ambiguity, omission, defect or inconsistency;

(2)

provide for the assumption by a successor corporation of our obligations under the indenture;

(3)

add guarantees with respect to the notes;

(4)

secure the notes;

(5)

issue additional notes as described under “— General”;

(6)

add to our covenants for the benefit of the holders or surrender any right or power conferred upon us;

(7)

to give effect to the provisions described under “— Conversion rights — Recapitalizations, reclassifications and changes of our common stock” in connection with a common stock change event;

(8)

make any change that does not adversely affect in any material respect the rights of any holder of the notes (other than any holder that consents to such change);

(9)

comply with any requirement of the SEC in connection with any qualification of the indenture under the Trust Indenture Act then in effect;

(10)

evidence or provide for the acceptance of the appointment of a successor trustee;

(11)

irrevocably elect or eliminate any settlement method or specified dollar amount; provided , however , that (1) no such election or elimination will affect any settlement method theretofore elected (or deemed to be elected) with respect to any note pursuant to the provisions described above under the caption “— Conversion rights — Settlement upon conversion — Settlement method”; and (2) such irrevocable election or elimination can in no event result in a specified dollar amount of less than $1,000 per $1,000 principal amount