Company: EUDAW
Filing Date: 2025-06-24
Form Type: 424B5
Source: 0001641172-25-016185
Chunk: 40

Company: EUDA Health Holdings Ltd
Filing Date: 2025-06-24
Form: 424B5
Chunk 40
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 liability for federal, state, local or other taxes owed or owing by us or any subsidiary guarantor,                                       |
| ● | any                                                                                                                                       
 accounts payable or other liability to trade creditors arising in the ordinary course of business (including guarantees thereof or        
 instruments evidencing such liabilities);                                                                                                 |
| ● | any                                                                                                                                       
 obligations with respect to any capital stock;                                                                                            |
| ● | any                                                                                                                                       
 indebtedness incurred in violation of the indenture, provided that indebtedness under our credit facilities will not cease to be          
 senior indebtedness under this bullet point if the lenders of such indebtedness obtained an officer’s certificate as of the               
 date of incurrence of such indebtedness to the effect that such indebtedness was permitted to be incurred by the indenture; and           |
| ● | any                                                                                                                                       
 of our indebtedness in respect of the subordinated debt securities.                                                                       |

Senior indebtedness shall continue to be senior indebtedness and be entitled to the benefits of the subordination provisions irrespective of any amendment, modification or waiver of any term of such senior indebtedness.

Unless otherwise noted in an accompanying prospectus supplement, if we default in the payment of any principal of (or premium, if any) or interest on any senior indebtedness when it becomes due and payable, whether at maturity or at a date fixed for prepayment or by declaration or otherwise, then, unless and until such default is cured or waived or ceases to exist, we will make no direct or indirect payment (in cash, property, securities, by set-off or otherwise) in respect of the principal of or interest on the subordinated debt securities or in respect of any redemption, retirement, purchase or other requisition of any of the subordinated debt securities.

| 12 |

In the event of the acceleration of the maturity of any subordinated debt securities, the holders of all senior debt securities outstanding at the time of such acceleration, subject to any security interest, will first be entitled to receive payment in full of all amounts due on the senior debt securities before the holders of the subordinated debt securities will be entitled to receive any payment of principal (and premium, if any) or interest on the subordinated debt securities.

If any of the following events occurs, we will pay in full all senior indebtedness before we make any payment or distribution under the subordinated debt securities, whether in cash, securities or other property, to any holder of subordinated debt securities:

| ● | any                                                                                                                                
 dissolution or winding-up or liquidation or