Company: SERV
Filing Date: 2025-10-10
Form Type: 424B5
Source: 0001213900-25-098177
Chunk: 53

Company: Serve Robotics Inc. /DE/
Filing Date: 2025-10-10
Form: 424B5
Chunk 53
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 the Company has delivered to the trustee an officers’ certificate and an opinion of counsel, in each case stating that all conditions precedent provided for in such indenture relating to the defeasance contemplated have been complied with; |

| (f) | if the debt securities are to be redeemed prior to their maturity, notice of such redemption shall have been duly given or in another manner satisfactory to the trustee; and |

| (g) | any such defeasance or covenant defeasance shall comply with any additional or substitute terms provided for by the terms of such debt securities of such series. |

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Notwithstanding a defeasance or covenant defeasance,
the Company’s obligations with respect to the following in respect of debt securities of such series will survive with respect to
such securities until otherwise terminated or discharged under the terms of the indenture or no debt securities of such series are outstanding:

| (a) | the rights of holders of outstanding debt securities of such series to receive payments in respect of the principal of, interest on or premium or additional amounts, if any, payable in respect of, such debt securities when such payments are due from the trust referred in clause (a) in the preceding paragraph, and any rights of such holder to convert or exchange such debt securities into common stock or other securities, cash or other property; |

| (b) | the issuance of temporary debt securities, the registration, transfer and exchange of debt securities, the replacement of mutilated, destroyed, lost or stolen debt securities and the maintenance of an office or agency for payment and holding payments in trust, and the Company’s obligations with respect to the payment of additional amounts, if any, on such securities, and with respect to any rights to convert or exchange such securities into common stock or other securities, cash or other property; |

| (c) | the rights, powers, trusts, duties and immunities of the trustee, and the Company’s obligations in connection therewith; and |

| (d) | the defeasance or covenant defeasance provisions of the indenture. |

Information Concerning the Trustee

The trustee, other than during the occurrence and
continuance of an event of default under the indenture, undertakes to perform only those duties as are specifically set forth in the indenture.
Upon an event of default under the indenture, the trustee must use the same degree of care as a prudent person would exercise or use under
the circumstances in the conduct of his or her