Company: AX
Filing Date: 2025-09-16
Form Type: 424B5
Source: 0001299709-25-000147
Chunk: 16

Company: Axos Financial, Inc.
Filing Date: 2025-09-16
Form: 424B5
Chunk 16
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 obligations in respect of interest rate swap, cap, floor, collar or other agreements, interest rate or currency future or options contracts, interest rate or currency swap agreements, currency future or option contracts, and other similar agreements;

• purchase money debt and similar obligations of the Company;

• obligations to general creditors of the Company;

• a deferred obligation of, or any such obligation, directly or indirectly guaranteed by us, which obligation is incurred in connection with the acquisition of any business, properties or assets not evidenced by a note or similar instrument given in connection therewith;

• any of the above listed obligations of other persons the payment of which we are responsible or liable for, either directly or indirectly, as obligor, guarantor or otherwise;

• any of the above listed obligations of other persons secured by any lien on any of our property or assets whether or not we assume that obligation; and

• any deferrals, renewals or extensions of any of the above listed obligations.

The Subordinated Indenture does not limit the amount of Senior Indebtedness that we may incur. If we default on payments under any of these obligations that are senior to the Notes, or if any of these senior obligations are accelerated or any judicial proceeding with respect to a default is pending, we will not be able to make payments on the Notes, unless we cure the default.

If we become insolvent, liquidate or reorganize, go bankrupt or dissolve, we would be able to pay under the Notes only after we have paid in full all of our liabilities that are senior to the Notes. In any of the foregoing events, we may not have sufficient assets to pay all amounts owing on the Notes and other party indebtedness. As a result, if holders of the Notes receive any payments, they may receive less, ratably, than holders of Senior Indebtedness and secured indebtedness. For more information on the subordination of payments under the Notes, see “ Description of Notes — Subordination .”

The Notes are not guaranteed by, and are structurally subordinated to, all indebtedness of our subsidiaries, including liabilities of the Bank, and creditors of our subsidiaries will have priority as to our subsidiaries’ assets.

The Notes are not obligations of, or guaranteed by, any of our subsidiaries or any third party. As a result, our right and the rights of our creditors, including holders of the Notes, to participate in any distribution of assets of any of our subsidiaries upon its liquidation, reorganization or otherwise would be subject to the prior