Company: RRGB
Filing Date: 2025-11-10
Form Type: 424B5
Source: 0000950142-25-002929
Chunk: 40

Company: RED ROBIN GOURMET BURGERS INC
Filing Date: 2025-11-10
Form: 424B5
Chunk 40
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icial to the rights of any other
holder of such series of debt securities (it being understood that the trustee does not have an affirmative duty to ascertain whether
or not such direction is unduly prejudicial to the rights of any such other holder) or that would involve the trustee in personal liability.
Prior to taking any action under the indenture, the trustee is entitled to indemnification satisfactory to it in its sole discretion against
all fees, claims, damages, costs, loss, liability and expense (including reasonable attorney’s fees and expenses) caused by taking
or not taking such action.

Except to enforce the right to receive payment
of principal, premium, if any, or interest when due, no holder of debt securities of a series has any right to institute any proceeding
with respect to the indenture or debt securities, or for the appointment of a receiver or a trustee, or for any other remedy thereunder,
unless:

| · | such holder has previously given to the trustee written notice of a continuing event of default with 
 respect to such series of debt securities;                                                           |

| · | the holder or holders of at least 30% in aggregate principal amount of the outstanding debt securities                                      
 of that series have made written request, and such holder or holders have offered security or indemnity satisfactory to the trustee against 
 any fee, cost, damage, claim, loss, liability or expense (including reasonable attorney’s fees and expenses), to the trustee to             
 institute such proceeding as trustee; and                                                                                                   |

| · | the trustee has failed to institute such proceeding, and has not received from the holders of a majority                                   
 in aggregate principal amount of the outstanding debt securities of that series a direction inconsistent with such request, within 60 days 
 after such notice, request and offer.                                                                                                      |

However, such limitations do not apply to a
suit instituted by a holder of a debt security of such series for the enforcement of payment of the principal, premium, if any, or interest
on such debt security on or after the applicable due date specified in such debt security.

The indenture provides that if a default with
respect to a series of debt securities occurs and is continuing and is actually known to a responsible officer of the trustee, the trustee
must send to each holder of such debt securities notice of the default within 90 days after it is actually known to a responsible
officer of the trustee. Except in the case of a default in the payment of the principal or premium, if any, upon acceleration, redemption