Company: AIRJW
Filing Date: 2025-11-14
Form Type: S-3
Source: 0001213900-25-110393
Chunk: 23

Company: AirJoule Technologies Corp.
Filing Date: 2025-11-14
Form: S-3
Chunk 23
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 the issuance by us or the trustee of a new certificate to the new holder.

Global Debt Securities and
Book-Entry System. Each global debt security representing book-entry debt securities will be deposited with, or on behalf of, the Depositary,
and registered in the name of the Depositary or a nominee of the Depositary. Please see “Global Securities.”

Covenants

We will set forth in the
applicable prospectus supplement any restrictive covenants applicable to any issue of debt securities. (Article IV)

No Protection in the Event of a Change of Control

Unless we state otherwise
in the applicable prospectus supplement, the debt securities will not contain any provisions which may afford holders of the debt securities
protection in the event we have a change in control or in the event of a highly leveraged transaction (whether or not such transaction
results in a change in control) which could adversely affect holders of debt securities.

Consolidation, Merger and Sale of Assets

We may not consolidate with
or merge with or into, or convey, transfer or lease all or substantially all of our properties and assets to any person (a “successor
person”) unless:

| ● | we are the surviving entity or the successor person (if other                                                                          
 than AirJoule) is a corporation, partnership, trust or other entity organized and validly existing under the laws of any U.S. domestic 
 jurisdiction and expressly assumes our obligations on the debt securities and under the indenture; and                                 |

| ● | immediately after giving effect to the transaction, no Default 
 or Event of Default, shall have occurred and be continuing.    |

Notwithstanding the above,
any of our subsidiaries may consolidate with, merge into or transfer all or part of its properties to us. (Section 5.1)

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Events of Default

“Event of Default”
means with respect to any series of debt securities, any of the following:

| ● | default in the payment of any interest upon any debt security                                                                        
 of that series when it becomes due and payable, and continuance of such default for a period of 30 days (unless the entire amount of 
 the payment is deposited by us with the trustee or with a paying agent prior to the expiration of the 30-day period);                |

| ● | default in the payment of principal of any security of that 
 series at its maturity;                                     |

| ● | default in the performance or breach of any other covenant                                                                               
 or