Company: SUNE
Filing Date: 2025-04-22
Form Type: S-3
Source: 0001213900-25-033892
Chunk: 33

Company: SUNation Energy, Inc.
Filing Date: 2025-04-22
Form: S-3
Chunk 33
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ures, 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 condition, acting as one class, may, on behalf of all holders of such series of debt securities, waive compliance by us with
any covenant or condition contained in the applicable indenture unless we specify that such covenant or condition cannot be so waived
at the time we establish the series.

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In addition, under each of the indentures, the
holders of a majority in aggregate principal amount of the outstanding debt securities of any series of debt securities may, on behalf
of all holders of that series, waive any past default under the applicable indenture, except:

| ● | a default in the payment of the principal of or any premium or interest on any debt securities of that series; or |

| ● | a default under any provision of the applicable indenture which itself cannot be modified or amended without the consent of the holders of each outstanding debt security of that series. |

Events of