Company: FCNCB
Filing Date: 2025-03-06
Form Type: 424B5
Source: 0001193125-25-047965
Chunk: 51

Company: FIRST CITIZENS BANCSHARES INC /DE/
Filing Date: 2025-03-06
Form: 424B5
Chunk 51
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 | to effect or maintain the qualification of the Senior Indenture under the Trust Indenture Act of 1939, as amended 
 (the “Trust Indenture Act”);                                                                                      |

| • |     | to provide for uncertificated senior notes or otherwise alter the Senior Indenture to facilitate the issuance,                                                                                     
 legending, or transfer of the senior notes in a manner that does not materially adversely affect any holder of the senior notes and does not result in any violation of applicable securities law; |

| • |     | to supplement any provisions of the Senior Indenture necessary to permit or facilitate the defeasance, covenant                                                                                                   
 defeasance or discharge of the senior notes, provided that such action does not adversely affect the interests of the holders of the senior notes or any other debt securities issued under the Senior Indenture; |

| • |     | to comply with the rules or regulations of any securities exchange or automated quotation system on which any of 
 the senior notes may be listed or traded; or                                                                     |

| • |     | to address any SOFR Index unavailability in accordance with the “SOFR Index Unavailability” provisions                                                                             
 above or to implement any benchmark transition provisions after a Benchmark Transition Event or its related Benchmark Replacement Date have occurred (or in anticipation thereof). |

The Trustee shall be entitled to receive an officer’s certificate and opinion of counsel confirming that all conditions precedent are satisfied with respect to any supplemental indenture, that such supplemental indenture is authorized and permitted, and that such supplemental indenture is the legal, valid, and binding obligation of BancShares, enforceable against it in accordance with its terms. Legal Defeasance and Covenant Defeasance We may choose to either discharge our obligations under the Senior Indenture and the senior notes in a legal defeasance or to release ourselves from certain or all of our covenant restrictions under the Senior Indenture and the senior notes in a covenant defeasance. We may do so after we irrevocably deposit with the Trustee for the benefit of the holders of the senior notes sufficient cash and/or U.S. government securities to pay the principal of and interest and any other sums due on the senior notes maturity date or a redemption date of the senior notes, as applicable. If we choose the legal defeasance option, the holders of the senior notes will not be entitled to the benefits of the Senior Indenture except for certain limited rights, including registration of transfer and exchange of senior notes, replacement