Company: SUNE
Filing Date: 2025-08-18
Form Type: 424B5
Source: 0001213900-25-078001
Chunk: 58

Company: SUNation Energy, Inc.
Filing Date: 2025-08-18
Form: 424B5
Chunk 58
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 the debt securities and performance of the covenants in the applicable indenture; and |

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| ● | immediately after giving effect to the transaction, no event of default under the applicable indenture exists. |

If we consolidate or merge with or into any other
entity or sell or lease all or substantially all of our assets according to the terms and conditions of the indentures, the resulting
or acquiring entity will be substituted for us in the indentures with the same effect as if it had been an original party to the indentures.
As a result, such successor entity may exercise our rights and powers under the indentures, in our name and, except in the case of a lease
of all or substantially all of our properties, we will be released from all our liabilities and obligations under the indentures and under
the debt securities.

Modification and Waiver

Under each of the indentures, certain of our rights
and obligations and certain of the rights of holders of the debt securities may be modified or amended with the consent of the holders
of at least a majority of the aggregate principal amount of the outstanding debt securities of all series of debt securities affected
by the modification or amendment, acting as one class. However, the following modifications and amendments will not be effective against
any holder without its consent:

| ● | a change in the stated maturity date of any payment of principal or interest; |

| ● | a reduction in payments due on the debt securities; |

| ● | a change in the place of payment or currency in which any payment on the debt securities is payable; |

| ● | a limitation of a holder’s right to sue us for the enforcement of payments due on the debt securities; |

| ● | a reduction in the percentage of outstanding debt securities required to consent to a modification or amendment of the applicable indenture or required to consent to a waiver of compliance with certain provisions of the applicable indenture or certain defaults under the applicable indenture; |

| ● | a reduction in the requirements contained in the applicable indenture for quorum or voting; |

| ● | a limitation of a holder’s right, if any, to repayment of debt securities at the holder’s option; and |

| ● | a modification of any of the foregoing requirements contained in the applicable indenture. |

Under each of the indentures, the holders of at
least a majority of the aggregate principal amount of the outstanding debt securities of all series of debt securities affected by a particular
covenant or