Company: LEU
Filing Date: 2025-11-06
Form Type: S-3ASR
Source: 0001104659-25-107379
Chunk: 27

Company: CENTRUS ENERGY CORP
Filing Date: 2025-11-06
Form: S-3ASR
Chunk 27
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 appointment
of a receiver or trustee, or for any remedy under the indenture, unless:

that holder has previously given to the trustee
written notice of a continuing event of default with respect to debt securities of that series;

| · | the holders of not less than 25% in principal                                                                                             
 amount of the outstanding debt securities of that series have made written request to the trustee to institute the proceedings in respect 
 of such event of default in its own name as trustee under the indenture;                                                                  |

| · | such holder or holders have offered to the trustee                                                                                      
 indemnity or security satisfactory to the trustee against the costs, expenses and liabilities which might be incurred by the trustee in 
 compliance with such request;                                                                                                           |

| · | the trustee has failed to institute any such                                                 
 proceeding for 60 days after its receipt of such notice, request and offer of indemnity; and |

| · | no direction inconsistent with such written request                                                                                     
 has been given to the trustee during such 60-day period by holders of a majority in principal amount of the outstanding debt securities 
 of that series.                                                                                                                         |

Notwithstanding any other
provision in the indenture, the holder of any debt security will have an absolute and unconditional right to receive payment of the principal
of, and any interest on, that debt security on or after the due dates expressed in that debt security (or, in the case of redemption,
on the redemption date) and to institute suit for the enforcement of any such payment and such rights shall not be impaired without the
consent of such holder.

The indenture requires us,
within 120 days after the end of our fiscal year, to furnish to the trustee a statement as to compliance with the indenture from our principal
executive officer, principal financial officer or principal accounting officer. If a default or event of default occurs and is continuing
with respect to the debt securities of any series and if it is actually known to a responsible officer of the trustee, the trustee shall
mail to each holder of the debt securities of that series notice of a default or event of default within 60 days after it occurs or, if
later, after a responsible officer of the trustee has knowledge of such default or event of default. The indenture provides that the trustee
may withhold notice to the holders of debt securities of any series of any default or event of default (except in payment on any debt
securities of that series) with respect to debt securities of that series if the trustee determines in good