Company: ZEUS
Filing Date: 2025-05-05
Form Type: S-3
Source: 0001437749-25-014524
Chunk: 27

Company: OLYMPIC STEEL INC
Filing Date: 2025-05-05
Form: S-3
Chunk 27
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 and unconditional right to receive payment of the principal of, and premium and any interest on, that debt security on or after the due dates expressed in that debt security and to institute suit for the enforcement of such payment.

The indenture will require us, within 120 days after the end of our fiscal year, to furnish to the trustee a statement as to compliance with the indenture. The indenture will provide that the trustee may withhold notice to the holders of debt securities of any series of any default or event of default (except in payment on any debt securities of that series) with respect to debt securities of that series if it in good faith determines that withholding notice is in the interest of the holders of those debt securities.

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Modification and Waiver

We may amend or modify the indenture without the consent of any holder of debt securities of the series affected by the modifications or amendments in order to:

| ● | cure any ambiguity, defect or inconsistency; |

| ● | conform the text of the indenture, including any supplemental indenture, or the debt securities to any corresponding provision of this “Description of Debt Securities” or description of the debt securities found in the prospectus supplement as evidenced by an officer’s certificate; |

| ● | provide for the issuance of additional debt securities; |

| ● | provide for the assumption of our obligations in the case of a merger or consolidation and our discharge upon such assumption provided that the provision under “Consolidation, Merger and Sale of Assets” of the indenture is complied with; |

| ● | add covenants or make any change that would provide any additional rights or benefits to the holders of the debt securities; |

| ● | add guarantees with respect to the debt securities; |

| ● | provide for uncertificated debt securities in addition to or in place of certificated debt securities; |

| ● | secure the debt securities; |

| ● | add or appoint a successor or separate trustee; |

| ● | make any change that does not adversely affect the rights of any holder of debt securities in any material respect, as evidenced by an officer’s certificate; or |

| ● | obtain or maintain the qualification of the indenture under the Trust Indenture Act of 1939, as amended. |

Other amendments and modifications of the indenture or the debt securities issued may be made with the consent of the holders of at least a majority of the aggregate principal amount of the outstanding debt securities of the affected series, and our compliance