Company: SUNE
Filing Date: 2025-08-18
Form Type: 424B5
Source: 0001213900-25-078001
Chunk: 62

Company: SUNation Energy, Inc.
Filing Date: 2025-08-18
Form: 424B5
Chunk 62
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 securities, the subordination provisions contained in the subordinated indenture, will no longer apply to the debt securities of that series; however, certain obligations to compensate, reimburse and indemnify the trustee, to register the transfer and exchange of debt securities, to replace lost, stolen or mutilated debt securities, to maintain paying agencies and the trust funds and to pay additional amounts, if any, required as a result of U.S. withholding taxes imposed on payments to non-U.S. persons will continue to apply; and |

| ● | holders of debt securities of that series can only look to the trust fund for payment of principal, any premium and any interest on the debt securities of that series. |

Defeasance of Certain Covenants and Certain Events of Default.At the time that we establish a series of debt securities under the applicable indenture, we can provide that
the debt securities of that series are subject to the covenant defeasance provisions of that indenture. Unless we specify otherwise in
the applicable prospectus supplement, the debt securities offered thereby will be subject to the covenant defeasance provisions of the
applicable indenture, and if we make the deposit and deliver the opinion of counsel described above in this section under the heading
“- Defeasance and Discharge,” we will not have to comply with any covenant we designate when we establish the series of debt
securities. In the event of a covenant defeasance, our obligations under the applicable indenture and the debt securities, other than
with respect to the covenants specifically designated upon establishing the debt securities, will remain in effect.

If we exercise our option not to comply with certain
covenants as described above and the debt securities of the series become immediately due and payable because an event of default has
occurred, other than as a result of an event of default specifically relating to any of such covenants, the amount of money and/or Eligible
Instruments on deposit with the applicable trustee will be sufficient to pay the principal, any interest, any premium and any other sums,
due on the debt securities of that series, such as sinking fund payments, on the date the payments are due under the applicable indenture
and the terms of the debt securities, but may not be sufficient to pay amounts due at the time of acceleration. However, we would remain
liable for the balance of the payments.

Subordination

The subordinated debt securities will be subordinate
to all of our existing and future Senior Debt, as defined