Company: ENTXW
Filing Date: 2025-05-30
Form Type: S-3
Source: 0001178913-25-002025
Chunk: 16

Company: Entera Bio Ltd.
Filing Date: 2025-05-30
Form: S-3
Chunk 16
---
 capital leases, or as secured by a lien on any asset of ours. “Senior indebtedness” does not include the subordinated debt securities or any other obligations specifically designated as being subordinate in right of payment to, or pari passu with, the subordinated debt securities. In general, the holders of all senior indebtedness are first entitled to receive payment in full of such senior indebtedness before the holders of any of the subordinated debt securities are entitled to receive a payment on account of the principal or interest on the indebtedness evidenced by the subordinated debt securities in certain events. These events include:

| • | subject to Israeli law, any insolvency or bankruptcy proceedings, or any receivership, dissolution, winding up, total or partial liquidation, reorganization or other similar proceedings in respect of us or a substantial part of our 
 property, whether voluntary or involuntary;                                                                                                                                                                                             |

| • | (i) a default having occurred with respect to the payment of principal or interest on or other monetary amounts due and payable with respect to any senior indebtedness or (ii) an event of default (other than a default described in clause    
 (i) above) having occurred with respect to any senior indebtedness that permits the holder or holders of such senior indebtedness to accelerate the maturity of such senior indebtedness. Such a default or event of default must have continued 
 beyond the period of grace, if any, provided in respect of such default or event of default, and such a default or event of default shall not have been cured or waived or shall not have ceased to exist; and                                   |

| • | the principal of, and accrued interest on, any series of the subordinated debt securities having been declared due and payable upon an event of default pursuant to the subordinated indenture. This declaration must not have been rescinded 
 and annulled as provided in the subordinated indenture.                                                                                                                                                                                       |

Authentication and Delivery We will deliver the debt securities to the trustee for authentication, and the trustee will authenticate and deliver the debt securities upon our written order. Event of Default When we use the term “Event of Default” in the indentures with respect to the debt securities of any series, set forth below are some examples of what we mean:

| (1) | default in the payment of the principal on the debt securities when it becomes due and payable at maturity or otherwise; |

| (2) | default in the payment of interest on the debt securities when it becomes due and payable, and such default continues for a period of