Company: FR
Filing Date: 2025-05-08
Form Type: S-3ASR
Source: 0001193125-25-115162
Chunk: 31

Company: FIRST INDUSTRIAL REALTY TRUST INC
Filing Date: 2025-05-08
Form: S-3ASR
Chunk 31
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 whether or not any action or forbearance is unduly prejudicial to such holders) and subject to certain other limitations as set forth in the indenture.
In no event shall the trustee (in any of its capacities) be required to expend or risk its own funds or otherwise incur personal financial liability in the performance of any of its duties or in the exercise of any of its rights or powers. The
trustee shall not be required to give any bond or surety in respect of the performance of its duties or powers under the indenture.

No
holder of any debt security shall have any right to institute any proceeding, judicial or otherwise, with respect to the indenture, or for the appointment of a receiver or trustee, or for any other remedy hereunder, unless:

(a) such holder has previously given written notice to a responsible officer of the trustee of a continuing Event of Default with respect to
the debt securities;

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(b) holders of at least a majority in principal amount of the outstanding debt securities
have made written request to a responsible officer of the trustee to institute proceedings in respect of such Event of Default in its own name as trustee;

(c) such holder or holders have offered to the trustee indemnity and/or security reasonably satisfactory to the trustee against the costs,
expenses and liabilities that might be incurred by the trustee in compliance with such request;

(d) the trustee for 60 days after its
receipt of such notice, request and offer of indemnity has failed to institute any such proceeding; and

(e) no direction inconsistent
with such written request has been given to the trustee during such 60-day period by the holders of a majority in principal amount of the outstanding debt securities.

Notwithstanding any other provision in the indenture, the holder of any debt security will have an absolute and unconditional right to receive
payment of the principal of and interest, if any, on, that debt security on or after the due dates expressed in that debt security and to institute suit for the enforcement of payment.

The indenture requires us, within 120 days after the end of our fiscal year, to furnish to the trustee a statement as to compliance with the
indenture. If a Default or Event of Default occurs and is continuing with respect to the debt securities of any series and if it is actually known to a responsible officer of the trustee, the trustee shall mail to each holder of the debt securities
of that series notice of a Default or Event of Default within 90 days after a responsible officer of the trustee obtains actual knowledge