Company: BWNB
Filing Date: 2025-06-10
Form Type: 424B5
Source: 0001104659-25-058204
Chunk: 90

Company: Babcock & Wilcox Enterprises, Inc.
Filing Date: 2025-06-10
Form: 424B5
Chunk 90
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 amend or modify the
Form 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; |

| 43 |

| · | 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 Form 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;                                                                                                 |

| ·