Company: CMDB
Filing Date: 2025-05-30
Form Type: F-3
Source: 0001140361-25-020943
Chunk: 17

Company: Costamare Bulkers Holdings Ltd
Filing Date: 2025-05-30
Form: F-3
Chunk 17
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, except actions for payment of overdue principal and interest, unless the following actions have occurred:

| • | the holder must have previously given written notice to the trustee of the continuing default; |

| • | the holders of not less than 25% in aggregate principal amount of the outstanding debt securities of each affected series, treated as one class, must have: |

| • | requested the trustee to institute that action;and |

| • | offered the trustee indemnity satisfactory to it; |

| • | the trustee must have failed to institute that action within 60 days after receipt of the request referred to above;and |

| • | the holders of a majority in principal amount of the outstanding debt securities of each affected series, voting as one class, must not have given directions to the trustee inconsistent with those of the holders referred to above. |

The indenture contains a covenant that we will file annually with the trustee a certificate of no default or a certificate specifying any default that exists. Discharge, Defeasance and Covenant Defeasance We have the ability to eliminate most or all of our obligations on any series of debt securities prior to maturity if we comply with the following provisions: Discharge of Indenture. We may discharge all of our obligations, other than as to transfers and exchanges, under the indenture after we have:

| • | paid or caused to be paid the principal of and interest on all of the outstanding debt securities in accordance with their terms; |

| • | delivered to the trustee for cancellation all of the outstanding debt securities; or |

| • | irrevocably deposited with the trustee cash or, in the case of a series of debt securities payable only in U.S. dollars, U.S. government obligations in trust for the benefit of the holders of any series of debt securities issued under the indenture that have either become due and payable, or are by their terms due and payable, or are scheduled for redemption, within one year, in an amount certified to be sufficient to pay on each date that they become due and payable, the principal of and interest on, and any mandatory sinking fund payments for, those debt securities. However, the deposit of cash or U.S. government obligations for the benefit of holders of a series of debt securities that are due and payable, or are scheduled for redemption, within one year will discharge obligations under the indenture relating only to that series of debt securities. |

Defeasance of a Series of Securities at Any Time. We may also discharge all of