Company: ABTS
Filing Date: 2025-12-02
Form Type: F-3/A
Source: 0001493152-25-025631
Chunk: 80

Company: Abits Group Inc
Filing Date: 2025-12-02
Form: F-3/A
Chunk 80
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 we shall have delivered to the trustee (1) if applicable, an officer’s certificate to the effect that the relevant debt securities exchange(s) have informed us that neither such debt securities nor any other debt securities of the same series, if then listed on any securities exchange, will be delisted as a result of such deposit and (2) an officer’s certificate and an opinion of counsel, each stating that all conditions precedent with respect to such legal defeasance or covenant defeasance have been complied with.

We may exercise our defeasance option with respect to such debt securities notwithstanding our prior exercise of our covenant defeasance option.

Modification and Waiver

Under the indentures, unless an accompanying prospectus supplement states otherwise, we and the applicable trustee may supplement the indentures for certain purposes which would not materially adversely affect the interests or rights of the holders of debt securities of a series without the consent of those holders. We and the applicable trustee may also modify the indentures or any supplemental indenture in a manner that affects the interests or rights of the holders of debt securities with the consent of the holders of at least a majority in aggregate principal amount of the outstanding debt securities of each affected series issued under the indenture. However, the indentures require the consent of each holder of debt securities that would be affected by any modification which would:

| ● | reduce                                                                                                                           
 the principal amount of debt securities whose holders must consent to an amendment, supplement or waiver;                        |
| ● | reduce                                                                                                                           
 the principal of or change the fixed maturity of any debt security or, except as provided in any prospectus supplement, alter or 
 waive any of the provisions with respect to the redemption of the debt securities;                                               |
| ● | reduce                                                                                                                           
 the rate of or change the time for payment of interest, including default interest, on any debt security;                        |

| 37 |

| ● | waive                                                                                                                                     
 a default or event of default in the payment of principal of or interest or premium, if any, on, the debt securities (except a rescission 
 of acceleration of the debt securities by the holders of at least a majority in aggregate principal amount of the then outstanding        
 debt securities and a waiver of the payment default that resulted from such acceleration);                                                |
| ● | make                                                                                                                                      
 any debt security payable in money other than that stated in the debt securities;                                                         |
| ● | make                                                                                                                                      
 any change in the provisions of the applicable indenture relating to waivers of past defaults or the rights of holders of the debt