Company: LEN
Filing Date: 2025-05-13
Form Type: 424B5
Source: 0001193125-25-118869
Chunk: 77

Company: LENNAR CORP /NEW/
Filing Date: 2025-05-13
Form: 424B5
Chunk 77
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 principal amount of the issue or series of debt securities then outstanding may declare the principal of and accrued interest, if any, on all the debt securities of that issue or series to be due and payable immediately. However, if we cure all defaults (except the failure to pay principal, premium or interest which became due solely because of the acceleration) and certain other conditions are met, that declaration may be annulled and past defaults may be waived by the holders of a majority in principal amount of the issue or series of debt securities then outstanding. The holders of a majority of the outstanding principal amount of an issue or series of debt securities will have the right to direct the time, method and place of conducting proceedings for any remedy available to the trustee, subject to certain limitations specified in the indenture. A prospectus supplement will describe any additional or different events of default which apply to any issue or series of debt securities. Modification of an Indenture We and the trustee under an indenture may:

| • |     | without the consent of holders of debt securities, modify the indenture to cure errors or clarify ambiguities; |

| • |     | with the consent of the holders of not less than a majority in principal amount of the debt securities which are         
 outstanding under the indenture, modify the indenture or the rights of the holders of the debt securities generally; and |

| • |     | with the consent of the holders of not less than a majority in outstanding principal amount of any issue or                                                                             
 series of debt securities, modify any supplemental indenture relating solely to that series of debt securities or the rights of the holders of that issue or series of debt securities. |

However, we may not:

| • |     | extend the fixed maturity of any debt securities, reduce the rate or extend the time for payment of interest, if                                                                                                                                          
 any, on any debt securities, reduce the principal amount of any debt securities or the premium, if any, on any debt securities, impair or affect the right of a holder to institute suit for the payment of principal, premium, if any, or interest, if   
 any, with regard to any debt securities, change the currency in which any debt securities are payable or impair the right, if any, to convert any debt securities into common stock or any other of our securities, without the consent of each holder of 
 debt securities who will be affected; or                                                                                                                                                                                                                  |

| • |     | reduce the percentage of holders of debt securities required to consent to an amendment, supplement or waiver,