Company: RRGB
Filing Date: 2025-11-10
Form Type: 424B5
Source: 0000950142-25-002929
Chunk: 45

Company: RED ROBIN GOURMET BURGERS INC
Filing Date: 2025-11-10
Form: 424B5
Chunk 45
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 for redemption within one year, and we will have deposited
with the trustee as trust funds the entire amount sufficient to pay at maturity or upon redemption all such debt securities and coupons
(and if, in either case, we will also pay or cause to be paid all other sums payable under the indenture by us).

In addition, we will have a “legal defeasance
option” (pursuant to which we may terminate, with respect to the debt securities of a particular series, all of our obligations
under such debt securities and the indenture with respect to such debt securities) and a “covenant defeasance option” (pursuant
to which we may terminate, with respect to the debt securities of a particular series, our obligations with respect to such debt securities
under certain specified covenants contained in the indenture). If we exercise our legal defeasance option with respect to a series of
debt securities, payment of such debt securities may not be accelerated because of an event of default. If we exercise our covenant defeasance
option with respect to a series of debt securities, payment of such debt securities may not be accelerated because of an event of default
related to the specified covenants.

The applicable prospectus supplement will describe
the procedures we must follow in order to exercise our defeasance options.

Regarding the Trustee

The indenture provides that, except during the
continuance of an event of default, the trustee will perform only such duties as are specifically set forth in the indenture. During the
existence of an event of default, the trustee may exercise such rights and powers vested in it under the indenture and use the same degree
of care and skill in its exercise as a prudent person would exercise under the circumstances in the conduct of such person’s own
affairs.

The indenture and provisions of the Trust Indenture
Act that are incorporated by reference therein contain limitations on the rights of the trustee, should it become one of our creditors,
to obtain payment of claims in certain cases or to realize on certain property received by it in respect of any such claim as security
or otherwise. The trustee will be permitted to engage in other transactions with us or any of our affiliates; provided, however,
that if it acquires any conflicting interest (as defined in the indenture or in the Trust Indenture Act), it must eliminate such conflict,
apply to the SEC for permission to continue, or resign.

Governing Law

The indenture and