Company: OXLCZ
Filing Date: 2025-02-21
Form Type: 424B2
Source: 0001213900-25-015823
Chunk: 35

Company: Oxford Lane Capital Corp.
Filing Date: 2025-02-21
Form: 424B2
Chunk 35
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 or sale would cure the default). For purposes of this no -defaulttest, a default would include an Event of Default that has occurred and has not been cured, as described under “Events of Default” above. A default for this purpose would also include any event that would be an Event of Default if the requirements for giving us a notice of default or our default having to exist for a specific period of time were disregarded; and •we must deliver certain certificates and documents to the trustee. Modification or Waiver There are three types of changes we can make to the indenture and the Notes issued thereunder. Changes Requiring Your Approval First, there are changes that we cannot make to your Notes without your specific approval. The following is a list of those types of changes: •change the stated maturity of the principal of or interest on the Notes; •reduce any amounts due on the Notes or reduce the rate of interest on the Notes; •reduce the amount of principal payable upon acceleration of the maturity of a Note following a default; •change the place or currency of payment on a Note; •impair your right to sue for payment; •reduce the percentage of holders of Notes whose consent is needed to modify or amend the indenture; and •reduce the percentage of holders of Notes whose consent is needed to waive compliance with certain provisions of the indenture or to waive certain defaults or reduce the percentage of holders of Notes required to satisfy quorum or voting requirements at a meeting of holders of the Notes. S-29 Table of Contents Changes Not Requiring Approval The second type of change does not require any vote by the holders of the Notes. This type is limited to clarifications and certain other changes that would not adversely affect holders of the Notes in any material respect. Changes Requiring Majority Approval Any other change to the indenture and the Notes would require the following approval: •if the change affects only the Notes, it must be approved by the holders of a majority in principal amount of the Notes; and •if the change affects more than one series of debt securities issued under the same indenture, it must be approved by the holders of a majority in principal amount of all of the series affected by the change, with all affected series voting together as one class for this purpose. In each case, the required approval must be given by written consent. The holders of a majority in principal amount of all of the series of debt securities issued under an indenture, voting together as one class for this purpose, may waive our compliance with some of our