Company: BWNB
Filing Date: 2025-11-05
Form Type: 424B5
Source: 0001104659-25-106685
Chunk: 108

Company: Babcock & Wilcox Enterprises, Inc.
Filing Date: 2025-11-05
Form: 424B5
Chunk 108
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 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 2021 Base 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 with any provision of the indenture with
respect to the debt securities may be waived by written notice to the trustee by the holders of a majority of the aggregate principal
amount of the outstanding debt securities of the affected series. However, no modification or amendment may, without the consent of the
holder of each outstanding debt security of the affected series:

| · | reduce the principal amount,                                                                                                          
 any premium or change the stated maturity of any debt security or alter or waive any of the provisions with respect to the redemption 
 or repurchase of the debt securities;                                                                                                 |

| · | change the place of payment                                      
 or currency in which principal, any premium or interest is paid; |

| 36 |

| · | impair the right to institute                                   
 suit for the enforcement of any payment on the debt securities; |

| · | waive a payment default with    
 respect to the debt securities; |

| · | reduce the interest rate or                                     
 extend the time for payment of interest on the debt securities; |

| ·