Company: LEU
Filing Date: 2025-11-06
Form Type: S-3ASR
Source: 0001104659-25-107379
Chunk: 24

Company: CENTRUS ENERGY CORP
Filing Date: 2025-11-06
Form: S-3ASR
Chunk 24
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 or the trustee of the certificate
to the new holder or the issuance by us or the trustee of a new certificate to the new holder.

| 14 |

Global Debt Securities and Book-Entry System

Each global debt security
will be deposited with, or on behalf of, the depositary, and registered in the name of the depositary or a nominee of the depositary.
Beneficial interests in global debt securities will not be issuable in certificated form unless (i) the depositary has notified us
that it is unwilling or unable to continue as depositary for such global debt security or has ceased to be qualified to act as such as
required by the indenture and we fail to appoint a successor depositary within 90 days of such event, (ii) we determine, in our sole
discretion, not to have such securities represented by one or more global securities or (iii) any other circumstances shall exist,
in addition to or in lieu of those described above, as may be described in the applicable prospectus supplement. Unless and until a global
debt security is exchanged for certificated debt securities under the limited circumstances described in the previous sentence, a global
debt security may not be transferred except as a whole by the depositary to its nominee or by the nominee to the depositary, or by the
depositary or its nominee to a successor depositary or to a nominee of the successor depositary.

Covenants

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

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

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

| · | Centrus is the surviving corporation or the successor                                                                                         
 person (if other than Centrus) is a corporation organized and validly existing under the laws of any U.S. domestic jurisdiction and expressly 
 assumes Centrus’s obligations on the debt securities and under the indent