Company: LEU
Filing Date: 2025-05-09
Form Type: 424B5
Source: 0001104659-25-046715
Chunk: 45

Company: CENTRUS ENERGY CORP
Filing Date: 2025-05-09
Form: 424B5
Chunk 45
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 that, the holders of the debt securities of that series will not recognize income, gain or loss for United States federal income
tax purposes as a result of the deposit, defeasance and discharge and will be subject to United States federal income tax on the same
amounts and in the same manner and at the same times as would have been the case if the deposit, defeasance and discharge had not occurred.

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Defeasance of Certain Covenants

The indenture provides that,
unless otherwise provided by the terms of the applicable series of debt securities, upon compliance with certain conditions:

| · | we                                                                                          
 may omit to comply with the covenant described under the heading “Consolidation, Merger     
 and Sale of Assets” and certain other covenants set forth in the indenture, as well         
 as any additional covenants which may be set forth in the applicable prospectus supplement; 
 and                                                                                         |

| · | any                                                                                          
 omission to comply with those covenants will not constitute a default or an event of default 
 with respect to the debt securities of that series (“covenant defeasance”).                  |

The conditions include:

| · | depositing                                                                                         
 with the trustee money and/or U.S. government obligations or, in the case of debt securities       
 denominated in a single currency other than U.S. dollars, government obligations of the government 
 that issued or caused to be issued such currency, that, through the payment of interest and        
 principal in                                                                                       |

| · | accordance                                                                                  
 with their terms, will provide money in an amount sufficient in the opinion of a nationally 
 recognized firm of independent public accountants or investment bank to pay and discharge   
 each installment of principal of, and interest, if any, on and any mandatory sinking fund   
 payments in respect of the debt securities of that series on the stated maturity of those   
 payments in accordance with the terms of the indenture and those debt securities; and       |

| · | delivering                                                                                  
 to the trustee an opinion of counsel to the effect that the holders of the debt securities  
 of that series will not recognize income, gain or loss for United States federal income tax 
 purposes as a result of the deposit and related covenant defeasance and will be subject to  
 United States federal income tax on the same amounts and in the same manner and at the same 
 times as would have been the case if the deposit and related covenant defeasance had not    
 occurred.                                                                                   |